The railroad's short run cost structure consists of a large proportion of indirect fixed costs resulting from the mode's investment in long-lived assets. Explain the fixed elements of the mode's cost structure
The major cost element is the operation, maintenance, and ownership of right-of-ways. The right of way's are the actual track and strip of land the track sits on.
Right of ways require a significant initial capital investment and subsequent annual maintenance costs. Another element fixed cost element is the terminal facilities. Terminal facilities Include freight yards, terminal areas and sidings. Passenger stations may also be included. The investment for equipment for rail transport is another major cost element. This includes investment for locomotives and various types of rolling stock.
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Ultimo Co. operates three production departments as profit centers. The following information is available for its most recent year. Department 1's contribution to overhead as a percent of sales is:Dept.Sales Cost of Goods Sold Direct Expenses Indirect Expenses 1$1,000,000 $700,000 $100,000 $80,000 2 400,000 150,000 40,000 100,000 3 700,000 300,000 150,000 20,000
A. 30.0% B. 52.5% C. 20.0% D. 57.1% E. 35.7%
Ismael and Susan have been friends for a long time. When Susan is in need of a favor from her friend, she often uses the ______ influential technique.
A. personal appeals B. ingratiation C. inspirational D. exchange
The Lilly Led-better Wage Bill was aimed at:
a. Providing a tax break for returning jobs back to the United States b. Banning job discrimination based on sexual orientation or gender identity c. Closing a loophole in the U.S. legislation related to equal pay for equal work d. Providing jobs for immigrant workers in the United States
Talent is not a key constraint to growth in many organizations.
Answer the following statement true (T) or false (F)