BUSINESS HIGH SCHOOL

Which of the following items is a direct cost? a) Customer service costs in a multi-product firm when Product A is the cost object
b) Printing costs incurred for payroll check processing when payroll check processing is the cost object
c) The salary of a maintenance supervisor in a multiproduct firm when Product B is the cost object
d) Utility costs of the administrative office when the accounting department is the cost object
e) None of the above

Answers

Answer 1
Answer:

Answer:

e) None of the above

Explanation:

We have different ways of classifying costs depending on the goal that is to be achieved. Costs basically fall into two categories, direct costs and indirect costs. Direct costs are costs that are exclusively incurred for the purpose of producing or buying a certain good or service, in fact, the cost came into being because of the existence of whatever is being costed. any cost that is not direct cost is indirect cost.

None of the costs in the question can be termed direct cost


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HIGH SCHOOL

In an attempt to extend the life of its brand of AquaFresh soap, Agate Inc., a soap manufacturer, makes certain enhancements to the characteristics and quality of its soaps. Agate's products would best fit into the new product category of: a. line extensions. b. new-to-the-firm products. c. new-to-the-world products. d. product improvements.

Answers

Answer:

Option D Product Improvement  

Explanation:

In the product improvement phase the product has some extra features that makes it bit differentiated. So it is not new to the world because everybody uses soap nowadays. I would say better than soap are used, for face we use facewash, for body we use bodywash and for hands we use handwash. so the market has moved from general product to specialization moves. Line extension is the increase in the products portfolio. And new to the firm products are the products that are 100% new to the product portfolio for example Nokia started making tyres which is new to the firm product Or Apple has started making Titan cars which will use environment friendly source of energy for movements on the road.

COLLEGE

When mcdonald's offered madame alexander gifts in its happy meals, both companies profited from the _____ arrangement?

Answers

The answer is comarketing arrangement. It is a partnership between two or more companies where both companies cooperatively market each other's products. For example, a company who manufacturers video cards may partner with a game software company, and both companies will market each other's related product.

HIGH SCHOOL

How do lower taxes affect aggregate​ demand? a. they reduce disposable​ income, consumption, and aggregate demand.
b. they increase corporate investment and aggregate demand.
c. they increase disposable​ income, consumption, and aggregate demand.
d. they increase aggregate supply and thus increase aggregate demand as well?

Answers

Lower taxes affect aggregate demand by C. increasing the availability of disposable income, leading to more consumption, and an increase in aggregate demand. 
COLLEGE

A company with an operating income of $92,000 and a contribution margin ratio of 74% has a margin of safety of: (rounded) Choose Correct Answer Below:

$68,080.

$124,324.

$353,846.

It is not possible to determine the margin of safety from the information provided.

Answers

Answer:

The correct answer is $124,324.

Explanation:

The basic formula to calculate margin of safety is

Budgeted sales - Break even sales.

Here in this question the information we need to calculate the margin of safety from above formula is not provided. We will then use Contribution margin ratio to calculate margin of safety as,

Contribution Margin = (Sales - Variable Cost) / Sales

74 %  = Operating Income / Sales

Sales = $92,000 / 74%

= $124,324.

HIGH SCHOOL

In the market for crude oil, if the change in demand due to the falling price of natural gas (a substitute for oil) is greater than the change in supply due to disruptions in oil-well operations in the Middle East, then the equilibrium price of oil will decrease.True /false

Answers

Answer:

True

Explanation:

The effects of both changes on price is as follows:

1. The Greater Effect - change in demand due to the falling price of natural gas (a substitute for oil)

As price of natural gas, a substitute for oil, falls, demand for oil will fall pushing oil producers to respond by cutting crude oil prices in a bid to sustain demand and prevent its fall. Thus, the effect is a price fall.

2. The Lesser Effect - change in supply due to disruptions in oil-well operations in the Middle East

Due to supply disruptions which will result is a reduction in supply, the price of oil will tend to increase as consumers buy more of a commodity in less supply. Thus, the effect on price is a rise.

There, since the greater effect is a price fall, and the lesser effect is a price rise, equilibrium price is expected to fall.

COLLEGE

The best way to ensure the accuracy and safety of your accounts is to

Answers

The answer is: Monitor your online accounts regularly

By monitoring it regularly, you would always be notified if there is some suspicious activities that you never did but yet recorded into your online account. This would definitely minimize your loss and it would also help the justice department to track down the location of the identity thief.

Monitor your online accounts regularly thats the answer

MIDDLE SCHOOL

Which job role belongs in the middle management level? A.
president
B.
chief executive officer
C.
department manager
D.
chief operating officer
E.
vice president

Answers

Answer:

The correct answer would be C, Departmental Manager.

Explanation:

In an organization, there are many levels of hierarchy. From top management to the bottom management, there are many layers involved. The job role which connects the top and the bottom management is of the Department Manager. People working under a manager of a specific department, report to him. For example, in Sales department, employees working in the office and employees working in the field, would report to the manager of Sales Department. Similarly, the workers of finance department, Marketing Department, Manufacturing Department, etc would report to their respective Managers. Then these Department Manager would report the position of their departments to the next top level of the hierarchy, either it would be a chief operating officer or a chief executive officer or a vice president, etc depending on the number of layers an organization have. So the Department Managers' Job Role belong to the middle management level.

It’s d (I’m not to sure)
COLLEGE

Which of the following descriptions is most representative of the mix of revenues and expenditures of a state government? Revenue is predominantly from excise taxes and property taxes. Expenditures include investments in infrastructure and national defense. Revenue is predominantly from sales taxes and may include personal or corporate income taxes. Expenditures include investments in education and infrastructure. Revenue is predominantly from property taxes but may include sales taxes or income taxes. Expenditures include investments in education and public welfare. Revenue is predominantly from income taxes and payroll taxes. Expenditures include income security and interest on debt.

Answers

Answer:

Option D -

Revenue is predominantly from income taxes and payroll taxes. Expenditures include income security and interest on debt.

Explanation:

About 48% of government revenue come from income tax which is generated by business and individuals in the country liable to tax while expenditures include mainly income securities like social securities and interest paid on loans by the government.

HIGH SCHOOL

Abdul, a manager at chrysum corp., was assigned the task of overseeing the operations in a foreign office for a week. before leaving the country, abdul recorded a message on his phone to inform callers that he was away from home and would return their calls when he returned. in this scenario, the technology used by abdul is an example of:​

Answers

In the scenario above, the technology that Abdul used is an example of voice mail communication. This method is employed by having voice messages to be stored in an electronic manner in which is intended to be retrieved by those recipients who are going to contact the person using this method.

 

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