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Dominik [7]
2 years ago
14

A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a

linear function of batch size (the number of boards produced in one lot or batch), production plant (Kingsland, and Yorktown), and production shift (day, and evening). In this model, "shift" is ______.
Business
1 answer:
natta225 [31]2 years ago
7 0

Answer:

In our case of study "shift" is an independet variable.

Explanation:

The independent variable concept says that the element or object we are studying in a research experiment is going to be manipulated by us to study the relationship it has with another variable that we are not controlling. Therefore in our case, we are controlling Shift, while the production is the dependant variable because we are going to measure the shift to find out the production.

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The improvement in the value of the objective function per unit increase in a right-hand side is the a. sensitivity value. b. du
SVETLANKA909090 [29]

Answer:

dual price

Explanation:

According to my research on economics, I can say that the improvement in the value of the objective function per unit increase in a right-hand side is referred to as the dual price. This strategy is used by most businesses as a way of taking market shares away from their competitors.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
2 years ago
The price of oil in the United States has been very volatile over the last 50​ years, with the real price of oil showing a few d
Snowcat [4.5K]

Answer:

The first dramatic swing happened in the 1970s when there was a sharp <em><u>rise</u></em> in the real price of oil caused by the <em><u>formation of OPEC.</u></em>

In 1973, the World saw it's first oil spike when members of the Organization of Oil Exporting Countries (OPEC) being mostly Muslims, decided to punish the Western World for their perceived support of the Israelis in the Yom Kippur War. They placed an embargo on the sale of oil to the West and because they controlled 56% of the then World supply, this was enough to force the price of oil up due to the reduction in demand.

<em />

The second swing happened in the 2000s when there was a sharp <em><u>rise</u></em><u> </u>in the real price of oil caused by <em><u>increased demand from emerging economies.</u></em>

From the early 2000s to 2008, the price of oil kept rising steadily till it reached around $147.30 in July 2008. This rise in prices was due to increased demand from newly industrialized and emerging nations like China that needed the oil to maintain their rapid growth.

<u><em /></u>

The most recent swing happened in 2008 when there was a sharp <em><u>drop</u></em><em> </em>in the real price of oil caused by<em> </em><em><u>a large financial crisis.</u></em><em> </em>

By December 2008, the price of oil had fallen to $32 and this was down to the global recession that was ravaging the World known as the Great Recession. As the world saw economic output fall, demand for oil decreased sharply thereby forcing the price of oil to fall dramatically.

3 0
2 years ago
Derst Inc. sells a particular textbook for $140. Variable expenses are $25 per book. At the current volume of 6,000 books sold p
mamaluj [8]

Answer:

Option (B) is correct.

Explanation:

Given that,

Selling price of a product = $140 per textbook

Variable expenses = $25 per book

Books sold per year = 6,000 books (It is the break even point)

The break even point indicates that there is no profit or loss incurred at the sales.

This means that the sales revenue is equal to the total cost incurred to produced these goods.

Sales per unit - Variable cost per unit - Fixed costs per unit = 0

$140 - $25 - Fixed costs = 0

$115 = Fixed costs per unit

Therefore, the total amount of fixed cost is calculated as follows:

= Fixed cost per unit × Number of books sold

= $115 × 6,000

= $690,000

4 0
2 years ago
At the end of the prior year, Durney's Outdoor Outfitters reported the following information.
Vaselesa [24]

Answer:

Please find the detailed answer and explanation below.

Explanation:

1a

                          Accounts Receivables    

Particulars      Amount($)  Particulars                       Amount($)

Beginning Bal. 48,271  Collections on accounts 290,700

Sales on account 306,548  Bad debts written off             7,054

                                   Balance c/d                           57,065

        Total                       354,819                                             354,819

Ending Balance  <u>57,065</u>    

     

     

                 Allowance for Doubtful accounts

       Particulars                 Amount($) Particular                 Amount($)    

Bad debt written off 7,054  Beginning Balance  8,469

Balance c/d                  6,185   Bad debt expense 4,770

Total                         13,239                                  13,239

                                            Ending Balance          6,185

1b

                               Durney's Outdoor Outfitters

                                Income Statement (Partial)

                             For the year ended December 31

Operating Expense:

Bad debt Expense                                   $4,770

                                 Durney's Outdoor Outfitters

                                     Balance Sheet (Partial)

                             For the year ended December 31

Current asset:

Accounts receivable                                $57,065

Allowance for Doubtful Accounts           ($6,185)

Accounts receivables(Net)                       <u>$50,880</u>

   

5 0
2 years ago
Rupert runs his own company and does all the hiring personally to ensure. Fit with the rest of the organization he’s built, wich
Westkost [7]
Do know how to follow instructions and work as a team
7 0
2 years ago
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