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2 years ago

Fast Freight, an interstate trucking company, has had to raise price three times in the past year, significantly reducing sales

Business

1 answer:

lord [1]2 years ago

6 0

There's an increase in the fuel price which led to the increase in operating cost of the Fast Freight.

<h3>What is operating cost? </h3>

It should be noted that operating costs are the costs that are incurred by a business during production.

From the complete question, there's a increase in the fuel price which led to the increase in operating cost of the Fast Freight.

Learn more about operating cost on:

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Rather than relying on inspections to ensure quality, problems should be_____ out of a product or process

SSSSS [86.1K]

Rather than relying on inspections to ensure quality, problems should be <u>designed</u> out of a product or process.

Identification of a market opportunity, precise problem definition, creation of a suitable solution, and user validation of that solution are all steps in the process of product design.

A strategy for problem-solving in practice is design thinking. Design thinking has gained popularity as a method of producing goods since it was first popularized by IDEO's David Kelley and Tim Brown.This strategy combines the principles and practices of human-centered design into one overarching philosophy.

Because design thinking is concerned with the entire product development process and not just the "design phase," good designers have always applied it to the creation of products, whether they are physical or digital.

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7 0

2 years ago

A situation that arises when all alternative choices or behaviors have been deemed undesirable because of the potentially negati

Anton [14]

Answer:

c. an ethical dilemma .

Explanation:

An ethical dilemma -

It is the decision - making problem between two of the moral imperative , and both of them are neither unambiguously preferable nor acceptable .

It can also called an ethical paradox in the moral philosophy .

<u>Ethical dilemma is showcased in the information of the question .</u>

hence , the correct answer is - an ethical dilemma .

7 0

3 years ago

Last year, Tinklenberg Corporation's variable costing net operating income was $52,400 and its inventory decreased by 1,400 unit

mihalych1998 [28]

Answer:

The correct option is D,$41,200

Explanation:

The fact that inventory reduced by 1,400 units implies that the fixed costs of 1,400 units added to closing inventory under absorption costing method has now been released into income statement as an additional cost in the current year,as result profit under absorption costing method reduce by the increased fixed costs:

net operating income under variable costing $52,400

less:additional fixed costs (1,400*$8) ($11,200)

Profit under absorption costing method $41,200

The correct option is D,$41,200

8 0

3 years ago

Nona Curry started her own consulting firm, Curry Consulting Inc., on May 1, 2017. The following transactions occurred during th

Yuliya22 [10]

Answer:

Curry Consulting Inc.

Showing the effects of transactions on the accounting equation:

Assets = Liabilities + Equity

May 1:

Assets (Cash + $15,000) = Liabilities + Equity (Common Stock + $15,000)

May 2:

Assets (Cash - $600) = Liabilities + Equity (Retained Earnings - $600)

May 3:

Assets (Supplies +$500) = Liabilities (Accounts Payable +$500) + Equity

May 5:

Assets (Cash - $150) = Liabilities + Equity (Retained Earnings - $150)

May 9:

Assets (Cash + $1,400) = Liabilities + Equity (Retained Earnings + $1,400)

May 12:

Assets (Cash - $200) = Liabilities + Equity (Retained Earnings - $200)

May 15:

Assets (Accounts Receivable +$4,200) = Liabilities + Equity (Retained Earnings +$4,200)

May 17:

Assets (Cash - $2,500) = Liabilities + Equity (Retained Earnings - $2,500)

May 20:

Assets (Cash -$500) = Liabilities (Accounts Payable -$500) + Equity

May 23:

Assets (Cash +$1,200 Accounts Receivable -$1,200) = Liabilities + Equity

May 26:

Assets (Cash +$5,000) = Liabilities (Notes Payable +$5,000) + Equity

May 29:

Assets (Cash -$200 Equipment +$2,000) = Liabilities (Accounts Payable +$1,800) + Equity

May 30:

Assets (Cash - $180) = Liabilities + Equity (Retained Earnings - $180)

Explanation:

The accounting equation shows that Assets = Liabilities + Equity. This equation is the basis of the double-system of accounting. It is always in balance when each transaction is correctly posted. The implication is that every business transaction affects, in two ways, either the assets side or the liabilities and equity side or both.

4 0

3 years ago

if potential output declines while actual output remains unchanged, what does the Taylor rule imply that policymakers should do

Gekata [30.6K]

Answer:

Increased

Explanation:

In the case when there is a fall in the potential output and at the same time the actual output remains the same so here the fund rate should be increased as per the taylor rule as it decrease the output that result in the output gap to fall

So as per the given situation, the fed fund rate should be increased

Hence, the same is to be increased

4 0

3 years ago