Answer:
Break-even level of output = 56
Explanation:
Given:
Annual Revenue = $1,300
Total Fixed cost = $28,000
Variable cost = $800
Computation of contribution:
Contribution = Sales - Variable cost
Contribution = Revenue - Variable cost
Contribution = $1,300 - $800
Contribution = $500
Computation of Break-even level of output:
Break-even level of output = Total Fixed cost / Contribution
Break-even level of output = $28,000 / $500
Break-even level of output = 56
The answer is D.
Continue to operate her business, and she is also in long run equilibrium.
An activity's normal time and cost are = 8 and $100 respectively
estimated crash time and cost are = 6 and $160 respectively
Activity's crash cost per unit time = ?
crash cost per unit time = cost slope and,
cost slope = rise/run = (crash cost - normal cost) / (normal time - crash time)
cost slope = (160 - 100) / (8 - 6) = 60 / 2 = $30
so, crash cost per unit time is $30.
Answer:
Stable, formal social structure that takes resources from the environment and processes them to produce outputs
Explanation:
The technical definition of an "organization", according to Laudon and Laudon, focused on three elements of an organization which are stable, formal and social structures.
In terms of longevity and routineness, an organization is more stable than an informal group. Organizations are formal legal entities with internal rules and procedures that must abide by laws. Organizations are also social structures because they are a collection of social elements.
