Homework Answers
The answer is E. Both C and D
While making business decisions, relevant approach is more appropriate. Owner shall think about relevant revenue and the least relevant cost. Relevant means the revenue and the cost which is going to change due to decision making. With that of course the highest total profit is the main factor to be considered.
Add Answer to:
The rule to follow in making business decisions is: A. Choose the alternative with the highest...
please show work/give explaination ولادیم 6. Compute purchases of new merchandise during the period using the...
please show work/give explaination
ولادیم 6. Compute purchases of new merchandise during the period using the following data: Cost of beginning inventory $40 Cost of goods sold (COGS) $140 Cost of ending inventory $30 A. $10 8 $130- C. $150 D. $210 not enough information-need data on fixed and variable COGS X Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for...
AMB PRINT LAST NAME, FIRST NAME SECTION BUSINESS FIRMS, COSTS, AND PROFIT Which business or siness...
AMB PRINT LAST NAME, FIRST NAME SECTION BUSINESS FIRMS, COSTS, AND PROFIT Which business or siness organization offers investors the protection of limited liability, so the in investor can lose is the initial investment? Sole proprietorship Oligopoly Corporation Partnership det structures that lie in between perfect competition and pure monopoly are called: proprietorship and partnership corporation and oligopoly. oligopoly and monopolistic competition. profit-maximizing and revenue-maximizing structures. Accounting profit is equal to: total revenue minus total explicit cost. total revenue multiplied...
Question 1 (A) (B) (C) (D) An advantage of centralised decision-making is: Greater effectiveness in volatile...
Question 1
(A)
(B)
(C)
(D)
An advantage of centralised decision-making is: Greater effectiveness in volatile environments More motivated employees Less monitoring of decisions More rapid decision making in all contexts The total amount of variable costs will: Not be affected by relevant range considerations Change proportionately with changes in production activity Increase in per unit cost as production decreases Remain constant within a relevant range of production An opportunity cost can be defined as: A cost incurred when an...
While the principle of stare decisis provides that courts will follow their precedents in making subsequent...
While the principle of stare decisis provides that courts will follow their precedents in making subsequent decisions, nevertheless a court may decline to follow its precedents: A. To correct an erroneous decision B. To choose among conflicting precedents C. In recognition of the fact that the needs of society change over time D. All of the above
Ideally, the people making the decisions at a company should be those who A) have...
Ideally, the people making the decisions at a company should be those who A) have the greatest authority. B) are most affected by the issue. C) control daily operations. D) have been delegated that responsibility. E) supervise the most employees.
Cavalier printing is adding a new printing process. They have priced three alternative machines: A, B, and...
Cavalier printing is adding a new printing process. They have priced three alternative machines: A, B, and C. Machine A would have an annual fixed cost of $120,000 and variable costs of $25 per unit. Machine B would have annual fixed costs of $140,000 and variable costs of $20 per unit. Machine C would have fixed costs of $90,000 and variable costs of $30 per unit. Revenue is expected to be $50 per unit. Which alternative has the lowest break-even quantity?...
are making an economic Today, firms in a perfectly competitive market run, firms will profit. In...
are making an economic Today, firms in a perfectly competitive market run, firms will profit. In the long firns in a perfectly competitive market are making the market until all firms in the market onomic e) exit, producing at the minimum point on their long-run average cost d) a) exit; covering only their total fixed costs b) enter, making zero economic profit enter, making zero normal profit an economic profit when new firms enter 46. The firms in a perfectly...
O identifying alternatives. o evaluating alternatives. o selecting the best alternative. o implem...
please answer question 1, 2 and 3
please answer quedtion 1, 2 and 3 chapter 8.
o identifying alternatives. o evaluating alternatives. o selecting the best alternative. o implementing the chosen alternative. o following up and evaluating the effectiveness of the alternative after it is implemented Discussion Questions Questions for Review 1. Describe the differences between programmed and nonprogrammed decisions. What are the implications of these differences for decision makers? 2. Describe the behavioral nature of decision making. Be certain...
what is the answer from 1to 8 plz MULTIPLE CHOICE. Choose the one alternative that best...
what is the answer from 1to 8 plz
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question 1) Which of the following costs change in total in direct proportion to a change in volume? A) period costs B) variable costs C) fixed costs D) mixed costs 2) The fixed costs per unit will A) increase as production increases B) Increase as production decreases C) remain the same as production levels change D) decrease as...
Consider the following scenario and address the questions that follow. Your leader has asked you to...
Consider the following scenario and address the questions that follow. Your leader has asked you to evaluate the defects based on insurance claim type (auto vs. injury). You have a total of 600 claims, with 400 auto, 200 injury, 100 with a defect, and 60 auto or has an injury. Provide at least three relevant probabilities for the leader that will be important for use in making business decisions. Explain why the selected probabilities are important.
please show work/give explaination
ولادیم 6. Compute purchases of new merchandise during the period using the following data: Cost of beginning inventory $40 Cost of goods sold (COGS) $140 Cost of ending inventory $30 A. $10 8 $130- C. $150 D. $210 not enough information-need data on fixed and variable COGS X Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for...
AMB PRINT LAST NAME, FIRST NAME SECTION BUSINESS FIRMS, COSTS, AND PROFIT Which business or siness organization offers investors the protection of limited liability, so the in investor can lose is the initial investment? Sole proprietorship Oligopoly Corporation Partnership det structures that lie in between perfect competition and pure monopoly are called: proprietorship and partnership corporation and oligopoly. oligopoly and monopolistic competition. profit-maximizing and revenue-maximizing structures. Accounting profit is equal to: total revenue minus total explicit cost. total revenue multiplied...
Question 1
(A)
(B)
(C)
(D)
An advantage of centralised decision-making is: Greater effectiveness in volatile environments More motivated employees Less monitoring of decisions More rapid decision making in all contexts The total amount of variable costs will: Not be affected by relevant range considerations Change proportionately with changes in production activity Increase in per unit cost as production decreases Remain constant within a relevant range of production An opportunity cost can be defined as: A cost incurred when an...
are making an economic Today, firms in a perfectly competitive market run, firms will profit. In the long firns in a perfectly competitive market are making the market until all firms in the market onomic e) exit, producing at the minimum point on their long-run average cost d) a) exit; covering only their total fixed costs b) enter, making zero economic profit enter, making zero normal profit an economic profit when new firms enter 46. The firms in a perfectly...
please answer question 1, 2 and 3
please answer quedtion 1, 2 and 3 chapter 8.
o identifying alternatives. o evaluating alternatives. o selecting the best alternative. o implementing the chosen alternative. o following up and evaluating the effectiveness of the alternative after it is implemented Discussion Questions Questions for Review 1. Describe the differences between programmed and nonprogrammed decisions. What are the implications of these differences for decision makers? 2. Describe the behavioral nature of decision making. Be certain...
what is the answer from 1to 8 plz
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question 1) Which of the following costs change in total in direct proportion to a change in volume? A) period costs B) variable costs C) fixed costs D) mixed costs 2) The fixed costs per unit will A) increase as production increases B) Increase as production decreases C) remain the same as production levels change D) decrease as...
Most questions answered within 3 hours.
-
develop an automated invoice generator that helps a shop owner
to design their invoice. Problem 1...
asked 2 minutes ago -
2. Binomial Distribution Suppose I have an unfair coin, it lands
on heads 75% of the...
asked 17 minutes ago -
negotiators with absolutely no alternative to a negotiated
agreement sometimes.
a. become hostile and end the...
asked 15 minutes ago -
Write a Verilog program that tests whether a 4-bit input
variable is a Fibonacci number or...
asked 25 minutes ago -
MYSQL
Consider the sql statement "select * from t1 UNION t2" where t1
and t2 are...
asked 28 minutes ago -
2. A retailer sells 10,000 units at $10. Each unit costs the
retailer $7.00 to sell,...
asked 30 minutes ago -
If the Stratosphere elevator in Las Vegas is 500 m above the
ground when the cables...
asked 43 minutes ago -
identify at least one other characteristics of the soils/sand
that may have impacted the growth of...
asked 49 minutes ago -
True or False
The following statements refer to The Web of Belief
10. An explanation of...
asked 50 minutes ago -
15)___________ A study was conducted to
test the effectiveness of aspirin on reducing
asked 58 minutes ago -
How fast must a centrifuge spin if a particle 8 cm from the axis
of rotation...
asked 59 minutes ago -
Which of the following is characteristic of a single exposure
common vehicle outbreak?
a. Wide range...
asked 1 hour ago