Business, 06.03.2020 22:32 ilovejustinbieber42

Rotonga Manufacturing Company leases a vehicle to deliver its finished products to customers. Which of the following terms correctly describes the monthly lease payments made on the delivery vehicle?
a. Direct Cost - Yes; Fixed Cost - Yes
b. Direct Cost - Yes; Fixed Cost - No
c. Direct Cost - No; Fixed Cost - Yes
d. Direct Cost - No; Fixed Cost - No

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Answer from: electronia

Direct cost - No because a direct cost can be trace.

Fixed cost - Yes because it has no relationship to volume.

Explanation: A direct cost is a price that can be directly tied to the production of specific goods or services. example of direct costs are direct labor, direct materials, commissions, piece rate wages, and manufacturing supplies. while fixed cost are expenses that do not change as a function of the activity of a business, within the relevant period. examples of fixed costs include rent, insurance premiums, or loan payments.

Answer from: Quest

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

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Rotonga Manufacturing Company leases a vehicle to deliver its finished products to customers. Which...

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