Barton's Taco Tico has four taco makers and ten other employees who take orders from customers and perform other tasks. The four taco makers and the other employees are paid an hourly wage. How would you classify (1) the wages paid to the taco makers and other employees and (2) materials (e.g., cheeses, salsa, tomatoes, lettuce, taco shells, etc.) used to make the tacos? Assume the activity is the number of tacos made. Employees' WagesMaterials to Make the TacosA.Fixed costFixed costB.Fixed costVariable costC.Variable costFixed costD.Variable costVariable cost
A. Choice A
B. Choice B
C. Choice C
D. Choice D
Answer: D
You might also like to view...
Which of the following focuses only on factors that change from one course of action to another?
a. Operating leverage. b. Break-even chart. c. Incremental analysis. d. Margin of safety.
Jennifer, a resident of North Carolina, was granted a patent for a device she invented. Donald, a resident of Texas, claims to have invented the device earlier, and disputes the patent granted to Jennifer. Which of the following should Donald do?
A) file a case in a North Carolina state trial court, as it has in personam jurisdiction over Jennifer B) file a case in a Texas state trial court, as the long-arm statute grants it in rem jurisdiction over Jennifer C) file a case in the Ninth Circuit Court of Appeals, as there is concurrent federal jurisdiction due to diversity of citizenship D) file a case in a federal trial court, as federal courts have exclusive jurisdiction over this subject matter
A contract was made for 125 bales of cotton to arrive on a ship named "Peerless" from Bombay. Unbeknownst to either party to the contract, there were two ships named "Peerless," both of which were sailing from Bombay. One sailed in October and the other in December. The buyer had in mind the ship sailing in October, but the seller had in mind the ship sailing in December. Each party held his
belief in good faith. The goods failed to arrive on time. If the buyer sues for breach of contract: A) the seller must pay damages because the seller breached. B) the seller is guilty of fraud in the inducement for failing to disclose to the buyer which ship would contain the goods. C) no contract exists due to mutual mistake of fact as to the existence or identity of the subject matter of the contract. D) All of these.
Laws that require public sector negotiations to take place in public are called:
A. Sunshine laws B. Full disclosure laws C. Public sector bargaining laws D. Public record laws