Answer:
A. Recurring
Explanation:
The word 'recurring' refers to something that occurs multiple times, both periodically or repeatedly.
Answer: (E) Satisficing
Explanation:
The satisficing is one of the type of satisfactory model that helps in understanding the various types circumstances that helps in creating the various types of decisions.
The satisficing is the process of performing the various types of strategies for achieving the desirable result and it basically explain the various types of behaviors of the decision process.
According to the given question, Gloria is using the satisficing model for the purpose of providing the satisfaction by choosing the best alternative.
Therefore, satisficing is the correct answer.
Cost of Making the product is as below, We shall exclude the amount of $3 per unit of fixed cost as it is not a relevant cost
Cost of Manufacturing Cost of Buying Difference
Direct Materials $5
Direct Labour $15
Variable Overheads $10
Fixed Overheads $2
Total Manufacturing Cost $32
Total Purchase Cost $37
Total Cost (12000 Units) 384000 444000 60000
Rent Income (40000) (40000)
Total Difference 20000
Thus as can be observed above the company incurs an extra cost of $20000 if it purchases the component from a third party. Thus its advisable if the company produces the component in its own premises.
Answer:
Estimated fixed cost is $17,500.
Explanation:
Applying the high-low method, first, we calculated the variable cost per unit of the firm: ( 125,000 - 55,000) / (4,300 - 1,500) = $25 per tutoring hour.
We have : Total cost of a firm = Variable cost per tutoring hour x tutoring hour delivered + fixed cost.
put the number in the formula, using the high point ( using low point will also result in the same result of fixed cost), we have:
125,000 = 25 x 4,300 + fixed cost <=> Fixed cost = 125,000 - 25 x 4,300 = $17,500.
Answer: E) Lessors provide a source of financing for lessees.
Explanation:
A Lease is a form of financing because in financing, an entity provides funding in the form of assets whether cash or otherwise to another entity to allow them use to operate their business. The entity that was provided with funding will then pay a periodic payment as a way to pay off the funding.
This is what happens in leases. The Lessor is the owner of the asset and they lease it to the Lessee who then uses it and pays a periodic amount to the Lessor for using the asset.
