Answer:
d) economies of scale result from decline in the average cost of production per unit as volume increases whereas economies of scope result from decline in the average cost of production due to the sharing resources across products and services.
Answer:
Extension proposals are not rare because of the buyer's perspective of bridging finance as well as the explanations for both the requirements can indeed be broad. The much more common explanations are.
Explanation:
- It has required longer than planned to secure planning approvals.
- When a transaction has been negotiated, the borrower awaits an exchange of contracts.
- Additional resources as well as time are needed by the creditor to accomplish his project.
- Refurbishment analysis was suddenly postponed.
- Before actually refinancing the debt, the creditor waits for something like a new lender to conclude his thorough research.
- Throughout the final moment, the buyer of the creditor's property backs out, causing the borrower to bring the estate back into the marketplace.
- Throughout the last minute, the previous buyer refinancing the property backs out, obliging the creditor to find some mortgage company.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Abburi Company's manufacturing overhead is 60% of its total conversion costs. Direct labor is $52,000.
We know that the conversion cost formula is:
Conversion cost= direct labor + manufacturing overhead
We need to use a rule of three:
60% = 52,000
100% = x
x= 1*52,000/0.6= 86,667
Now we can calculate overhead:
86,667= 52,000 + overhead
overhead= 34,667
Answer: Firm Capabilities
Explanation:
The 5Cs of Marketing are used by Companies to come up with effective Marketing strategies by using them to clarify exactly what needs to be accomplished.
The 5Cs are; Company, Customer, Collaborators, Competition and Context.
Firm Capabilities does not fall under Context because Context deals with Political, Social, Economical and Technological aspects of the place in question.
Firm Capabilities fall under Company analysis where the company aims to find out if it is capable of of meeting Consumer demands.
Answer:
Option (B) is correct.
Explanation:
Given that,
Standard Price = $5
Direct material (Actual Price) = $4.9
Actual Quantity Purchased = 28,900
Materials price variance for January:
= (Standard Price - Actual Price) × Actual Quantity Purchased
= ($5 - $4.9) × 28,900
= $2,890 (Favorable)
Therefore, the materials price variance for January is $2,890 Favorable.
