Answer:
It is cheaper to buy the product.
Explanation:
Giving the following information:
Production:
Direct material $45,000
Direct labor 30,000
Factory overhead (30 % is variable ) 98,000
Buy:
Total cost= $100,000
<u>I will assume that none of the fixed overhead avoidable. Therefore, we will take into account only the variable overhead.</u>
Total variable production cost= 45,000 + 30,000 + (98,000*0.3)
Total variable production cost= $104,400
It is cheaper to buy the product.
Answer:
C. Jones may not join the board because the rules prohibit all firm professionals from serving as a director of a client.
Answer:
5. Emma may not be as dedicated to the firm as other permanent employees
Explanation:
Logistics as a business activity is concerned with efficient movement of goods with least pilferage and spoilage and at the same time, as promptly as possible.
Handling customer queries requires utmost politeness, patience and humility and such a function is very sensitive since a small error or wrong attitude can drastically affect customer preferences and business sales.
In the given case, Ali's argument can only be strengthened by the fact that Emma is a temporary employee and it cannot be expected of her to discharge her duties with the same dedication as a permanent employee would.
Temporary employees know their term of employment beyond which they most likely seek job elsewhere. Whereas, a permanent employee would usually be more dedicated since he would have better sense of belongingness with the company.
Answer:
The first mover that creates a revolutionary product is in a monopoly position.
Explanation:
First Mover is the big initiator of a new product, which gains a competitive 'first mover advantage' for being the pioneer of the idea in the market.
- The first mover can be able to establish brand loyalty
- Being a first mover doesn't guarantee instant success
- The first mover can create switching costs for its customers to deter rivals.
The only apt statement is : The first mover that creates a revolutionary product is in a monopoly position. The first mover enters the market when there is no major supplier & the customer's demand is unmet. If it enables to leverage the potential huge unsatisfied market in a revolutionary way, it can be able to create unparalleled brand loyalty. And this can make it secure monopoly position in market
Answer:
E, B, D, C, A, G, H, F
Explanation:
Bonds Payable - <em>Long-term liabilities</em>
Buildings - <em>Fixed assets</em>
Accrued Liabilities - <em>Current liabilities</em>
Intangibles - <em>Intangible assets</em>
Inventory - <em>Current assets</em>
Unearned Rent Revenues - <em>Revenue</em>; advanced paid rentals
Accumulated Depreciation - <em>Expense</em>
Retained Earnings - <em>Stockholder's equity</em>