Answer:
Post hoc, ergo propter hoc.
Explanation:
The best statement which explains the above scenario is 'post hoc, ergo propter hoc'. This statement is known as an informal fallacy, according to this statement because burglaries were followed by an increase in ice-cream sales then it means that an increase in ice-cream sales is the cause of burglaries. In other words, if 'y' is followed by 'x' then 'x' must have caused 'y'.
Answer:
1. Wages of assembly line workers _____Variable ____________
2. President's salary ______Fixed___________
3. Plant utilities _______Mixed__________
4. Sales force commissions _____Variable____________
5. Shipping costs ______Variable___________
6. Factory rent ________Fixed_________
7. Research and development expenses _____* Fixed____________
8. Property taxes _______Fixed__________
9. Advertising _______Fixed__________
10. Supplies used in production _____Variable____________
* If you consider output as number of units sold the R&D is a fixed cost.
Answer:
Budgeted Operating expense= $505,375
Explanation:
Giving the following information:
Operating Expenses Variable Operating Costs $.75 per unit sold
Fixed Operating Costs $475,000
Other Info: Units sold in 2016 40,500
To determine the budgeted operating expense, we need to use the following formula:
Operating expense= total fixed operating expense + total variable operating expense
Operating expense= 475,000 + 0.75*40,500= $505,375
Answer:
The right answer is, False.
Explanation:
Nowadays companies seek to improve the attitudes, knowledge and skills of their employees, through training activities so that everyone works synergistically in achieving the objectives of organizations.
Answer:
The correct answer would be, $70500
Explanation:
Raw Material Turnover means what amount of raw materials is used within a specific period of time. So the raw material turnover would be calculated by adding the beginning inventory with the amount of material used within the period, and then the remaining material will be deducted. So the whole calculations are shown as follows:
Beginning Raw Material Inventory: $5000
Raw Material Used: $71500
Ending Raw Material Inventory: $6000
Raw Material Inventory Turnover:
Beginning Inventory + Raw Material Used - Ending Raw Material
= 5000+71500-6000= $70500