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3 years ago

True or false: Without knowing the future, it is best to have a cost structure with high variable costs.

Business

1 answer:

konstantin123 [22]3 years ago

7 0

Answer:False

Explanation:It is not obvious which cost structure is better, both have advantages and disadvantages

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What recommendations/actions would you provide to a coworker if they did not understand an email that was written by their super

valentina_108 [34]

My recommendation would be: communicate directly to the supervisor to clarify the intend of the email

Most employees believed that asking clarification to their supervisor would reflect badly on them since it make them look incompetent.

But most supervisors are trained to provide employees with guidance if they do not understand their assignment. And, following the wrong order would be significantly worse compared to not able to understand an email.

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3 years ago

Read 2 more answers

Daniel is a baker who has decided to create his own brand of chain restaurants, Short and Sweet. He negotiates with three suppli

Harman [31]

Answer:

C) The invisible hand

Explanation:

Daniel here seeking to produce and increase his welfare is "led by an invisible hand" to negotiate with his suppliers and to sell goods to his neighbors in a way that everybody is better off as a result from these transactions.

This is also a clear example to what Adam Smith was referring to the invisible hand:

"in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was not part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. " Adam Smith, The Wealth of Nations, Book 4, Chapter 2

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3 years ago

Josh is walking to ben hill griffin stadium on gameday when a coca-cola representative offers him and his friends free cans of t

Musya8 [376]

<span>The element of the promotional mix that coca-cola is using in this scenario is known as sales promotion. As coca-cola is paying for this inadvertently via their cost of goods accounts.</span>

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3 years ago

Read 2 more answers

Coca-Cola uses a process cost accounting system and a weighted-average cost flow assumption. The department adds materials at th

Naddik [55]

Answer:

Explanation:

Opening units 25000

Started 75000

100000

Transffered 70000

Closing 30000

we will draw the table using the weighted average method through that we will be able to identify equivellent production units and cost per unit with respect to material and conversion cost.

cost opening current Total complete Wip equivalent Cost

head cost Units p.unit

Material 80,000 190,000 270,000 70,000 30,000 100,000 2.70

C.cost 13,000 137,100 150,100 70,000 12,000 82,000 1.83

4.53

Complete 70,000 4.53 317,134

Closing Wip

Material 30,000 2.70 81,000

Labour 12,000 1.83 21,966

102,966

Total Cost 420,100

in the table Closing wip units related to Conversion cost represent 40% completion.

opening wip CC units 70% have been completed in the current which are included in complete units i.e 70000 units

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3 years ago

After the issuance of its year 1 financial statements, Serenity Inc. discovered a computational error of $150,000 in the calcula

Vladimir79 [104]

Answer: C. $150,000 credit

Explanation:

In the financial statements for year 2, it should be noted that the year 1 retained earnings balance, should be adjusted by $150,000 credit.

The corrections of errors should be treated as the period adjustments before. In this case, the $150,000 overstatement for the cost of goods that was sold in the previous year, will then be credited to the beginning balance of the retained earnings.

Therefore, the correct option is C.

4 0

3 years ago