Answer:
The production exhibit both scope economics and scale economics. They are not mutually exclusive.
Explanation:
Looking at the scenario critically, we will clearly see the tendency of a scope economics. Scope economics basically hinges on getting a competitive advantage, essentially because of producing in large quantities and numbers. Riverside Ranger logo T-shirts exhibits this as it produce its products in large numbers, producing 1000 pieces of a particular design in 1 hour.
In same breath, we also have the scale economics exhibited by the organization. Taking a deeper look at the cost representation, we will see that the average cost tend to reduce as the production increases. Thus, an economic of scale is achieved here by leveraging on the mass and swift production style of Riverside Rangers logo T-shirts.
Answer: 178 calories
Explanation:
From the question, we are informed that Jessica weighs 125 lbs and that she rode a bike at 17 mph for 25 minutes. It should be noted that 17 mph is thesame as 0.057 cal/lb/min.
Therefore, the calorie cost of this activity will be:
= 0.057 x 125 = 7.125
We then multiply 7.125 by the number of minutes used. This will be:
= 7.125 x 25
= 178 calories
Answer:
True
Explanation:
Overhead is the total of indirect cost that is involved in the production of a good. An overhead could be made up of a budgeted cost or actual cost. Overhead is appropriate when it does not exceed 35% of the total revenue.
Because a large company could produce different goods, those goods undergo different process and as result of that, require different costs of production.
For this reason, departmental overhead rates are calculated to ensure that every part of the company has its own production cost and expenses set aside rather than having a general or single company overhead rate which could favor some departments and not favor some other departments.
Cheers.
Answer:
C) Because the contracts were for amounts priced at $500 or more, they were required to be in writing and signed by the buyer.
Explanation:
Under Article 2 of the Uniform Commercial Code (UCC) all contracts for the sales of goods with a value above $500 must be in writing. The fact that Patty sent a confirming memo to her clients which wasn't objected, is not sufficient enough to be considered a written contract since the buyer didn't sign it.
According to UCC rules a contract must be signed “by the party against which enforcement is sought.” The buyer could have requested Patty to perform, but she cannot request the buyer to perform.
