Examlex

Solved

Cassie's Quilts Alters,reconstructs,and Restores Heirloom Quilts

question 188

Multiple Choice

Cassie's Quilts alters,reconstructs,and restores heirloom quilts.Cassie has just spent $800 purchasing,cleaning,and reconstructing an antique quilt which she expects to sell for $1,500 once she is finished.After having spent $800,Cassie discovers that she would need some special period fabric that would cost her $200 in material and time in order to complete the task.Alternatively,she can sell the quilt "as is" now for $900.What is the marginal cost of completing the task?


Definitions:

Division of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency and productivity.

Span of Control

The number of subordinates that a manager or supervisor can effectively oversee, manage, and communicate with.

Communication Channel

The medium or method through which information is transmitted from one entity to another.

Impersonality

The quality of being devoid of personal feeling or bias, often associated with objectivity or detached professionalism.

Related Questions