Answer:
When we take Slurpees, these are labelled under luxury. This is not the basic need of any human being to drink Slurpees in order to quench his or her thirst. This can't be categorized as a basic, primary or biological need. Water is considered very for for this purpose and we even can't survive biologically without water, whereas, we can very happily without Slurpees. More specifically, we can live definite more happy and healthy without drinking these carbonated drinks which are not good for any human's health, and this facts have been proven by medical science in much finer details. These drinks, sometimes, can kill humans as well, damaging their stomach directly. If this was the basic need, then organizations might have offered it instead of giving employees salary and monetary rewards.
Answer:
$3,483.17
Explanation:
Calculation for the amount of cost allocated to the Cafeteria under the step method
Using this formula
Allocation to Cafeteria=[Cafeteria/(Cafeteria+Producing Department A+Producing Department B)]×Budgeted costs
Let plug in the formula
Allocation to Cafeteria=[25/(25 + 308 + 287)] x $72,450
Allocation to Cafeteria=(25/520)×$72,450
Allocation to Cafeteria=0.0480769231×$72,450
Allocation to Cafeteria=$3,483.17
Therefore the amount of cost allocated to the Cafeteria under the step method would be $3,483.17
Answer: Option (C) is correct.
Explanation:
Positive view of the economy theory is largely based on the facts and incentives and it is engaged with most of the assumptions and check these assumptions reality to prove the facts.
On the other hand, normative view of economic theory is largely based on the statements, it is subjective and engaged with the value of the incentive or fact.
