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There is a legal ratio required of nursery nurses to children. Which of the following examples fits the definition of a stepped cost in a nursery?

A. The telephone bill for the nursery
B. Nursery nurse payroll costs
C. Rent for the nursery
D. The food bill of the nursery

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In which of the following situations would a face-to-face meeting be the best way of communicating?

A. To allow opportunities for questions
B. When communicating complex information
C. When information cannot be sent electronically
D. When the communication has to be confidential

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The high low method can be used to identify the split between fixed and variable costs using the table below. What would be the total cost for 1,075 units in a month?

A. $7,050
B. $6,700
C. $6,665
D. $6,950

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A business has annual sales of 216 units with each unit requiring one component A.The cost of holding one component A for a year is $6 and the cost per order is $8.What is the economic order quantity for component A?

A. 24
B. 576
C. 18
D. 17

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An inventory count of material X at month end records 5,431 units. At the end of last month there were 4,982 units.Receipts of inventory during the month were recorded as 2,197 units. Issues to production during the month were 1,702 units. What is the value of the discrepancy?

A. 64 units
B. 46 units
C. 944 units
D. 495 units

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There is a legal ratio required of nursery nurses to children. Which of the following examples fits the definition of a stepped cost in a nursery?

A. The telephone bill for the nursery B. Nursery nurse payroll costs C. Rent for the nursery D. The food bill of the nursery

In which of the following situations would a face-to-face meeting be the best way of communicating?

The high low method can be used to identify the split between fixed and variable costs using the table below. What would be the total cost for 1,075 units in a month?

A business has annual sales of 216 units with each unit requiring one component A.The cost of holding one component A for a year is $6 and the cost per order is $8.What is the economic order quantity for component A?

An inventory count of material X at month end records 5,431 units. At the end of last month there were 4,982 units.Receipts of inventory during the month were recorded as 2,197 units. Issues to production during the month were 1,702 units. What is the value of the discrepancy?

A. The telephone bill for the nursery
B. Nursery nurse payroll costs
C. Rent for the nursery
D. The food bill of the nursery