Response:
A. 0.75
Clarification:
The calculation for the capacity utilization rate is illustrated as follows:
= Actual output ÷ optimal operating level output
= 300 units ÷ 400 units
= 0.75
This value represents the proportion of actual output to the optimal operating level output that reveals the correct rate.
Additionally, it establishes a connection between the actual output and the optimal operating level output
c. they both provide products that fulfill the same customer need.
Answer:
The credit sector thrives on the profits generated from its customers. Credit serves as a financial tool that, if managed wisely, can greatly benefit individuals who lack the necessary cash for purchases. A favorable credit score facilitates the process of securing loans for such individuals.
Answer:
On the pro side of not indicating the 10% would be that it could be perceived as merely a rumor until the price reduction is formally confirmed. The unethical viewpoint regarding withholding knowledge of an impending 10% drop is that the production manager has kept his boss in the dark about a potential cost-saving opportunity for the company.
The total cost amounts to $8,817. The expense formula for Sherburne Snow Removal's vehicle is a $2,510 monthly base charge along with an additional $371 for each snowfall day. The actual activity level was 17 snow days. The flexible budget will adjust the standard costs to reflect actual utilization. The calculated fixed costs total $2,510, and the variable costs, multiplied by the number of snow days, amount to $6,307, combining for a total of $8,817.
