Fear of diabetes, high blood pressure, and heart disease have prompted many Baby Boomers to develop healthy eating habits. As a result, they are willing to pay more for healthier food options, such as grass-fed beef. In the past, grass-fed beef has not been widely available. According to the law of supply and demand, what is the most likely outcome from this social change in the business environment? Supply will fall until the equilibrium price is met. Supply will remain the same because suppliers of grass-fed beef are able to make higher profit on the same number of cows. The price will increase until the equilibrium price is met. Supply will increase because higher prices make it more attractive for farmers to supply grass-fed beef. Supply will increase until supply meets demand at the equilibrium price.

Answers

Answer 1

The correct option is C. According to the law of supply and demand, what is the most likely outcome from this social change in the business environment is Supply will increase until supply meets demand at the equilibrium price.

Surroundings may be described as a sum total of all of the residing and non-residing elements and their consequences that affect human lifestyles. even as all residing or biotic elements are animals, plants, forests, fisheries, and birds, non-living or abiotic factors include water, land, daylight, rocks, and air.

Human fitness and properly-being are in detail related to the kingdom of the environment. appropriate first-rate herbal environments provide basic needs, in terms of easy air and water, fertile land for meal manufacturing, and energy and cloth inputs for production.

The ecosystem, lithosphere, and hydrosphere represent the physical category, and the biological category incorporates human beings and other residing beings. In easy phrases, the surroundings are described because of the aggregate and interrelation among all biotic and abiotic additives.

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Related Questions

Need answer ASAP
20- This provides a blueprint for translating a business strategy into a plan for IS.
Group of answer choices
SOA
IS infrastructure
Centralized architecture
ERP systems
IS architecture

Answers

IS Infrastructure provides a blueprint for translating a business strategy into a plan for IS.

Hence, Option B is correct

What do you mean by IS Infrastructure?

Public and private physical constructions including roads, trains, bridges, tunnels, water supplies, sewage systems, electrical grids, and telephones are all considered to be part of infrastructure (including Internet connectivity and broadband access).Information technology infrastructure is widely described as a collection of information technology (IT) components that constitute the basis of an IT service; these components are typically physical (such as computer and networking hardware and facilities), but they can also include other software and network components.Infrastructure is the framework or foundation that supports a system or organization. In computing, information technology infrastructure is made up of physical and virtual resources that facilitate data transmission, storage, processing, and analysis.

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The sales director at WebMD is calculating annual sales revenue targets and the number of new medical-related content providers that the firm needs to maintain a competitive advantage. In which step of the strategic management process is the sales director involved

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Selecting particular tactics or courses of action. The sales director incorporates specific tactics into strategic objectives, such as sales revenue targets, such as preserving a competitive advantage.

The definition of revenue.

The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue. Because it appears at the top of an income statement, revenue, which is also known as net receipts, is frequently alluded by the "top line." A company's overall earnings.

What does, for instance, revenue mean?

Every penny of money the company has made is referred to as revenue. Typically, income and profit include additional aspects of a business. Incorporate costs like price of goods sold, operational costs, taxes, and interest expenditures, for instance, into net income.

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A type of mortgage which allows the lender to increase the outstanding balance of a loan up to the original amount of the loan in order to advance additional funds is called an

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An open-end mortgage is a specific kind of mortgage that enables the lender to advance more money by raising the outstanding balance of a loan up to the original loan amount.

An open-end mortgage allows the borrower to take out additional loans up to a predetermined amount on the same loan.

The borrower can avoid the time and hassle of hunting for a loan elsewhere by using an open-end mortgage. It is a form of rotating credit in which the borrower is permitted to receive a loan increase up to a sure cap. Typically, banks establish a loan-to-value ratio and ensure that the total loan amount—including both the original and the top-up loans—does not exceed that value ratio.

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What are the 7 types of advertising?

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The 7 Forms of Marketing & How They Benefit Businesses Advertising on social media. advertising for paid search. Print marketing. Public service announcements.

What are the main types of advertising?

Different types of advertising, advertising for paid searches. marketing on social media. marketing that is native. Publicity on display. advertisements in print. public service announcements. advertising on the street. Product listing advertisements, display ads, demand-side platform ads, affiliate ads, native ads, social media ads, video ads, and email ads are the eight primary categories of online advertising. Consumer demands and requirements, cost to meet, ease of purchase, and communication make up the new 4Cs, which will replace the traditional 4Ps of marketing (Lauterborn, 1990).

You can choose between three different types of digital advertising: Advertisements on social media, display ads, and paid search ads. Advertising strategies can be divided into two categories: institutional advertising and product advertising. To promote a company's brand, institutions advertise. Evangelism, Experience, Everywhere, and Exchange are the "4Es" of marketing.

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Fill in the blank: Videos related to __________ moments address company milestones, new product or service features, or other company-related updates.

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Videos related to  brand moments address company milestones, new product or service features, or other company-related updates.

A group of people with a common goal who may be either natural, legal, or a combination of the two is referred to as a corporation, which is commonly shortened as "co. To accomplish clearly defined goals, the company's staff works together for a single cause. Companies come in a variety of shapes, including:volunteer organizations with a profit-making goal, such for-profit companies, banks, initiatives, or institutions of higher learningA company may be legally recognized as a separate entity by incorporation, which limits the company's liability as long as its members abide by the terms of the publicly proclaimed incorporation or published policy. It could be necessary to liquidate a company after it shuts down in order to

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What is the main goal of free enterprise?

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The main goal of free enterprise is to promote economic freedom and competition.

How can businesses maximize their success under free enterprise? Businesses can maximize their success under free enterprise by utilizing the principles of supply and demand. They can increase their production levels to meet the needs of consumers and adjust their prices accordingly. Businesses can also focus on offering products or services that are in high demand, while cutting costs and minimizing waste. Additionally, businesses should take advantage of modern technology and digital marketing strategies to reach as many potential customers as possible. Finally, businesses should focus on customer satisfaction and establish a strong relationship with their customers. By following these strategies, businesses can maximize their success and drive growth in a free enterprise economy.

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In a system that uses multiple predetermined overhead rates, overhead is applied ______. Multiple choice question. in each department as jobs proceed through the department at the end of the total production process at the end of each period before production begins

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A) Overhead is applied to each department as jobs move through it in a system with multiple predetermined overhead rates.

How can a predetermined overhead rate be used to assign overhead costs to jobs?Direct materials, direct labor, and applied overhead make up the total job cost.Estimated overhead divided by estimated activity is the predetermined overhead rate.Direct materials, direct labor, and applied overhead make up the total job cost.

What exactly is an established overhead rate?

The allocation rate that is used to apply the estimated cost of manufacturing overhead to cost objects for a particular reporting period is known as a predetermined overhead rate.

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What are the rules of the government in a mixed economy?

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The roles of government in the mixed economy are to maintain the social and legal framework, to provide public goods and services, to maintain competition, to redistribute income, and to stabilize the economy.

What exactly is the mixed economy?

The term "mixed economy" refers to a system of economic organization in which the private sector's action is combined with that of the public sector, which acts as a regulator and corrector of the former.

Most economic decisions in a mixed economy are made through the market interaction of sellers and consumers. However, the state plays an important complementary role in it.

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If a marketing team successfully defines a product's market requirements, what is an additional benefit of that process

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These definitions of market requirements will direct the marketing strategy.

Describe the Marketing Team.

The Marketing Team is essential to effectively promoting an organization's operations and mission. By planning and producing the materials that represent your company, it serves as its public face. The marketing group is in responsibility of establishing contacts with potential clients, financiers, and/or the general public. It must also create a consistent brand identity that favorably represents your company.

Making marketing and promotional materials: Your marketing division should create the textual and graphic content defining and promoting your main products and/or services. When such goods and services change, they should be kept up to date.

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Changes in departmental policies and procedures, court decisions, the specter of liability, and operational strategies and techniques demand that ________ training be provided.

Answers

In-service training is necessary due to changes in departmental rules and procedures, court rulings, the possibility of liability, and operational plans and approaches.

Proper in-service training, according to a member of the International Association of Chiefs of Police (IACP) staff, improves officer performance and lowers the risk of complaints and subsequent legal action. Additionally, roll-call training, which has the benefit of reaching staff in all shifts and divisions, may be used. Modules for scheduling might be weekly, daily, or monthly. Police personnel should be able to use the training materials, and they should be accurate and based on reliable research. Field observations, community feedback, written and spoken tests, and training effectiveness can all be evaluated. Important factors include officer input, program evaluation, and command staff and administrators' attendance. Last but not least, first-line supervisors should lead the majority of in-service training sessions using the agency's materials.

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True or False a new restaurant owner, is determining which products to offer on his menu, he is involved in the management function of planning.

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True, Paul, a brand-new restaurant owner, engages in the management function of planning when he chooses which items to include on his menu.

The process of supervising a business, nonprofit, or governmental entity's operations is known as management (or managing). the practice and science of managing a company's resources. Setting an organization's strategy and organizing the work of its staff (or volunteers) to achieve its goals through the use of resources such as financial, natural, technological, and human resources are all included in management. The expressions "run the business" and "change the business" are used in management to distinguish between maintaining to deliver goods or services and adapting them to meet consumers' shifting wants. Another group of people who fit under the heading of "management" are managers.

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true or false : when you query a database, there is a defined order in which the results are displayed.

Answers

It's true that when you query a database, the order in which the results are displayed is fixed.

ORDER BY statement in SQL is used to sort retrieved data in ascending or descending order by one or more columns. By default, ORDER BY sorts data in ascending order. You can use the DESC keyword to sort the data in descending order and the ASC keyword to sort in ascending order.

You can use the ASC and DESC keywords to sort in ascending or descending order respectively. To sort by multiple columns, separate the column names with the (,) operator. You can tell the system to sort the data in a particular order by adding an ORDER BY clause to your SELECT statement. The ORDER BY clause is a list of column names from remote or local tables or views. You can define a sequence of columns in the select statement's column list. Sometimes it is necessary to sort the result set based on specific column values, conditions, etc. You can use the ORDER BY clause in your select statement to sort the results in ascending or descending order.

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Is insurance important for everyone?

Answers

Yes, insurance is important for everyone as it has benefits for every individual of any age.

Insurance provides financial protection against unexpected risks such as illness, injury, or death. It helps to protect individuals, families, and businesses from financial hardship due to potential losses.

Insurance helps to cover medical expenses, repair or replace damaged property, and provide income if the policyholder is unable to work due to illness or injury.

Insurance can also provide peace of mind by allowing individuals to plan for their future and protect their assets. By having insurance, individuals can have access to resources that can help them to manage their risk and secure their financial future.

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Organizations attempt to reduce ________, one of the unique elements of services, through standardization and training.

Answers

The correct answer is inconsistency. The four distinctive components of services—the four I's—are inventory, intangibility, consistency, and inseparability.

What does inventory mean?

All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.

What exactly does inventory mean at work?

The products or materials in inventory are those that a company plans to resell to customers for a profit. Tracking inventory from producers to warehouses and from these locations to a point of sale is inventory management, a crucial component of the supply chain.

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Assume there are 20.45 million unemployed people and 396.78 million employed people in a country. What is the unemployment rate

Answers

The unemployment rate and labor force participation rate = 58.9%

By the conclusion of this quarter, analysts and Trading Economics' global macro models predict that India's unemployment rate would be 8.30 percent. Our econometric models predict that the India Unemployment Level will generally trend around 7.50 percent in 2024.

The jobless rate for any area is calculated by dividing the number of people in the area who are unemployed and actively seeking for work by the overall number of people in the region who are employed.

From 2012 to 2022, India's employment rate averaged 44.21 percent, with record highs of 50.80 percent in December 2012 and 36.40 % in the 2nd period of 2020.

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Which of the following comparisons best isolates the impact of a change in activity on performance?
A) static planning budget and flexible budget
B) static planning budget and actual results
C) flexible budget and actual results
D) master budget and static planning budget

Answers

Static planning budget and flexible budget isolates the impact of a change in activity on performance.

What is the Flexible budget ?

A flexible budget is essentially a budget that allows for expected unpredictability and can be adjusted as revenues and costs change throughout the fiscal year. A business first calculates its expected fixed costs, or at least the costs that are expected to remain unchanged throughout the year.

What is main purpose of a flexible budget?

Flexible budgeting makes it easier to update budgets that don't yet have firm figures for revenue or other activities. In this approach, managers authorize all fixed costs and variable costs related to revenue and other activity indicators.

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How is GNP calculated?

Answers

In order to determine GNP, one typically adds up personal consumption expenditures, private domestic investment, government spending, net exports, and any income residents may have from investments made abroad, then deducts that amount from foreign residents' income.

What Is Gross National Product (GNP)?A country's gross national product (GNP) is an estimation of the total dollar value of all the finished goods and services produced over a specific time period using resources held by its citizens.What a country exports less any imports of products and services is what is referred to as its net exports.The gross national product (GNP) and the gross domestic product (GDP), two additional crucial economic indicators, are related. The former measures all output produced inside a nation's boundaries regardless of who owns the production equipment. GDP is the starting point for GNP, which is then increased by residents' investment income from foreign sources and decreased by foreign residents' investment income earned within a nation.

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the following describes which type of category of risk: after testing a new prototype drone system l, it is determined that changes need to be made that will increase the cost and push the schedule. if the schedule and cost estimate are not updated accordingly, the program will not achieve its goals.
a. business
b.technical
c. programmatic

Answers

if the schedule and cost estimate are not updated accordingly, the program will not achieve its goals. c. programmatic category of risk is described.

Programmatic risk is the danger brought on by outside actions or inactions that the project management has no control over but that could have a big impact on it. These effects could show themselves as technical, financial, or time-related issues.

This covers things like the International Traffic in Arms Regulations (ITAR), import/export controls, partnership agreements with other domestic or international organizations, congressional direction or earmarks, Office of Management and Budget (OMB) guidance, restructuring of industrial contractors, external organizational changes, etc.

The failure to meet goals and objectives and the possibility of doing harm through intervention are the main concerns of programmatic risks. Institutional hazards are dangers to the aid organization that mostly result from programmatic dangers.

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a job order cost system is most appropriate when a large volume of uniform products are produced.

Answers

It is best to use a process cost method when producing a lot of uniform items. By linking each overhead cost to a specific work, actual manufacturing overhead expenses are allocated to each job.

Instead of recording expenses for each individual item, process costing allows businesses to calculate item cost by keeping track of the costs associated with each step of the production process. They multiply the overall cost by the number of products after adding up the costs of each stage in the process. The cost per unit is what we refer to as. A paper manufacturer may, for instance, keep track of the costs associated with each step in the process of converting wood pulp into reams of paper, then divide the sum of those costs by the quantity of reams to determine the cost per ream.

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Within the relevant range of activity ______. Multiple select question. fixed costs remain constant in total costs and activity can be approximated by a straight line variable costs do not change in total, only per unit

Answers

Although activity can be roughly described by a straight line and fixed costs are constant in total expenses, variable costs only fluctuate per unit.

What does a relevant spectrum of activity mean?

The range of activity over which these correlations hold true (such as production or sales) is the relevant range. For instance, if the plant is at capacity, expanding production necessitates additional fixed cost investment to expand the facility or to rent or construct another factory.

Is one that consistently occurs over the appropriate spectrum of activity?

Total variable costs fluctuate overall but remain constant per unit within the relevant range of activity.

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A practical approach which is frequently used by managers when setting normal long-run prices is the
a. cost-plus approach
b. economic theory approach
c. price graph approach
d. market price approach

Answers

The cost-plus strategy is a realistic strategy that managers typically employ when determining typical longterm costs. As a result, the cost-plus approach (Option A) is the correct option.

The term "markup pricing" also refers to cost-plus pricing. This pricing strategy adds a certain percentage to the price of producing a single unit of a good (unit cost). The resultant figure represents the item's selling price.

A straightforward pricing approach known as "cost-plus pricing" or "markup pricing" adds a predetermined percentage to the cost of producing one unit of a good (unit cost). Instead than concentrating on external factors like customer demand and competitive prices, this pricing approach emphasises internal issues like manufacturing costs. Retail establishments frequently employ this pricing approach when determining their prices.

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When no legal heirs can be found for the deceased owner of a property, the laws of descent give the property to

Answers

Option b is correct. If no legal heir is found for the property's deceased owner, the property will be awarded to the highest bidder in a sheriff's sale under the Pedigree Act.

If you die leaving no parents, spouse, descendants, siblings, your estate will pass to your grandparents, etc. All property passes to the government only when a person dies without leaving parents, spouse, descendants, and any of the above family members.

A person who commits or assists in murder shall not inherit the property of the murdered person or any other inheritance which committed the murder or assisted in the murder.

Under the Hindu Succession Act of 1956, if the deceased owner of property does not leave a will, the legal heirs will inherit the property in the order listed. Preferential treatment is given to first-class legal heirs. This includes immediate family members such as spouses, parents, children and their legal heirs.

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The complete question is:

When no legal heirs can be found for the deceased owner of a property, the laws of descent give the property to:

a. the winning bidder in a sheriff's sale.

b. the county or state.

c. the heirs of the previous owner of record.

d. a registered charity in the nearest municipality.

International comparisons of student achievement consistently found that American youngsters were faring poorly. Noting that America was losing its competitive edge in the world market, what did reformers call for

Answers

The average score for the United States was higher than the average for 10 educational systems and did not significantly differ from the average for two educational systems. The only school systems to outperform the United States were those in Singapore, Norway, and Ireland.

According to research, classroom management, teaching for learning, parent and home participation, and the conviction that all kids can learn, are the top four elements that affect student accomplishment. It has been discovered that including parents can improve how well low-income pupils adjust to middle school. also supportive educators. All the bodily changes that teenagers experience as they transition from infancy to adulthood are collectively referred to as puberty. The resources and funds used to support education systems in various countries are the main elements that influence those systems. As one might anticipate, the amount of money spent on education has a significant impact on a nation's prosperity.

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Who answers the what in a market economy?

Answers

The producer controls what to make, how much to produce, how much to charge buyers for those things, and how much to pay employees in a market economy. In a free-market economy, the pressures of competition, supply, and demand have an impact on these decisions.

What do you know about Market Economy?

Market economies, in which individuals bartered goods and services without using money, gave rise to market economies. Market economies emerged as one of three modern economic systems when ideas of money, free commerce, and private property rights evolved. The command economy is another contemporary economic system in which, in stark contrast to the market economy, the government controls all economic choices. Additionally, market economies have other traits. Because it grants owners the right to sell their commodities, the idea of private property is essential to the market economy.

So, The producer controls what to make, how much to produce, how much to charge buyers for those things, and how much to pay employees in a market economy.

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What are the key points in Group Discussion?

Answers

The key points in Group Discussion are : 1. Establish Ground Rules: Establishing ground rules is an important first step in any group discussion. The rules should include guidelines for respectful dialogue and behavior, such as no interrupting or name calling.

2. Set the Topic: A group discussion should have a clear purpose and focus. Make sure that everyone in the group understands the topic and the goal of the discussion.

3. Encourage Participation: Create an environment that encourages all members of the group to contribute their ideas. Ask open-ended questions and allow time for all members to share their thoughts.

4. Listen and Respect: Listen to what other members of the group have to say and respect their opinions. Avoid dominating the conversation and allow everyone an equal opportunity to participate.

5. Reach a Consensus: The goal of a group discussion is usually to reach a consensus on the issue or topic at hand. Encourage the group to come to an agreement by weighing the pros and cons of the different ideas and solutions.

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How do you find total cost from marginal cost?

Answers

To calculate total cost from marginal cost, you need to start by adding the marginal cost of each item or service to the previous cost.

This will give you the total cost of the items or services that have been added together. The total cost of all items and services will be the sum of the marginal costs.

For example, if you have three items with marginal costs of $5, $10, and $15, then the total cost would be $30. Keep in mind that this method of calculation works best if the marginal costs are consistent over time.

By following these steps, you can easily calculate the total cost from the marginal cost.

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Which expense is a variable cost?

A) hourly wages for a production employee

B) insurance payment

C) monthly rent on a store

D) purchase of a new copy machine

Answers

Hourly wages for a production employee. Variable costs are costs that fluctuate with the level of production or sales and can include expenses such as raw materials, packaging, and wages for production employees.

What is Variable costs?

Variable costs are costs that change in relation to the amount of goods or services produced. These costs are typically directly related to production and can include the cost of materials, labor, and other related expenses. Variable costs differ from fixed costs, which remain constant regardless of production levels. Variable costs are important to consider when setting a price for a product, as they should be taken into consideration to ensure that the product is profitable. By understanding variable costs, businesses can adjust production levels to ensure that they remain profitable.

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Answer:

A- Hourly wages for a production employee

Explanation:

Correct anser on my test. Hope this was helpful

If an advertiser doesn't want to add remarketing tags to a website, why would Customer Match be a good fit for them? 9680179

Answers

If an advertiser doesn't want to add remarketing tags to a website, Customer Match would be a good fit for them from your ad accounts and campaigns.

Remarketing is defined as to engaging audiences who have already interacted with your brand, to encourage them to take a desired action that may interest them, such as conversion. Like, products to their shopping cart.

The match of customer feedback is the best fit by the using data from your advertisement accounts.  It saves the amount of money in the new ads and marketing strategy due to the customer match it helps to find the problem.

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A material requirements planning system is an example of which of the following scheduling systems?
O Finite loading, backward scheduling
O Infinite loading, backward scheduling
O Finite loading, forward scheduling
O Infinite loading, forward scheduling

Answers

A material requirements planning system is an example (B) Infinite loading, backward scheduling of the following scheduling systems.

Backward scheduling is the practice of producing goods at the very last moment before the deadline. A planned receiving date or due date, which is often specified upon the customer's order, marks the beginning of the transaction.

Working forward from the commencement date is how forward scheduling is done. When planning backward, you start with the target completion date. Even if capacity is available, you might not be able to begin a job right away using backward scheduling.

Despite the greatest reduction, reverse scheduling determines a scheduled start that is in the past. After that, using maximum reduction and the current date as the starting point, forward scheduling determines the scheduled finish.

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Is the US a market economy?

Answers

Yes, the United States is considered to be a market economy.

What is a market economy?A market economy is an economic system in which the production and distribution of goods and services are determined by the laws of supply and demand, rather than by government intervention. In a market economy, prices are determined by the interaction of buyers and sellers in open markets, and businesses and individuals are free to make their own economic decisions. The United States has a capitalist market-oriented economy, where most of the means of production are privately owned and operated for profit, and the government plays a limited role in the economy.

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You jump out, get behind the truck and push with all your might (300 N) in a vain attempt to keep the truck from accelerating down the hill. The force the truck exerts on you is: less than 300 N 300 N greater than 300 N The length of one diagonal of a rhombus is 4 times the length of the other diagonal. Write an expression that represents the perimeter of the rhombus. Let d be the length of the shorter diagonal. Writing Prompt Write an informative essay in which you explain how changes in teenagers' brains impact their behavior. Manage your time carefully so that you can read the passages;. . plan your response; write your response; and revise and edit your response. . 2 Drag each tile to the correct box. Place the paraphrases in the correct logical order to a summary The narrator explains that he cannot fully describe how he is feeling. He shares that it will be dangerous, but he is attracted to the mystery of it all he near prospect of Icate to you a pleasurable and epart. I am going to snow," but I shall ed for my safety or if eful as the "Ancient I will disclose a ent to, my passionate of ocean to that dern poets. There is not understand. I am rkman to execute with there is a love for the rtwined in all my mon pathways of regions I am about to He will travel to new, unknown areas like an old seaman does. The narrator shares that it is hard work, but he loves the adventure of the seas. The narrator says he is afraid to go but is excited at the same time SCIENCE PLEASW HELP ME List five vectors in Span (V V). Do not make a sketch.V = (8 2 7 ) V = (-6 4 0 )List five vectors in Span (V V). (Use the matrix template in the math palette. Use a comma to separate vectors as needed. Type an integer or a simplified fraction for each vector element.) Help me please!!!Graded AssignmentU.S. History Research ProjectTotal score: ____ of 300 points(Score for Question 1: ___ of 50 points)Write a process paper that explains your efforts during the project. Your paper should be between 300500 words.This assignment will be due at the end of Lesson 15.(Score for Question 2: ___ of 50 points)Submit your full annotated bibliography according to your teachers instructions.This assignment will be due at the end of Lesson 17.(Score for Question 3: ___ of 200 points)Submit your research project according to your teachers instructions.This assignment will be due at the end of Lesson 17. Match the partition type to its description.1 . Logical partition A partition with an extended partition 2 . System partition The partition where you place the boot loader 3 . Primary partition The section of the hard drive that will become the bootable drive Need answer ASAP20- This provides a blueprint for translating a business strategy into a plan for IS.Group of answer choicesSOAIS infrastructureCentralized architectureERP systemsIS architecture Thomas planned to set up a business that build custom house for high net-worth customers in Upstate NY on January 1st, 2018. He would borrow $1,500,000 from a bank to invest in the business as star-up capital and receive a minimum salary of $5,000/month.Here is the list of some related items or products that he would need to start thebusiness: - Lumber- Roof- Concrete- Insulation- Ducting- Paint- Corporate office buildingHe needs to hire you as an accountant to help his financial and accounting work, and one supervisor who is in charge of the supervision of building custom houses. His business cost drivers are provided in Table 1.Question 1.1 - Cost Classification (10 points)Required: Thomas needs your help in classifying the various costs. In order to manage these costs, he wants them identified using the information below. He asked that you use Table 2 (page 3) for your answers.a) Behavior: fixed or variable costb) Traceability: direct or indirectc) Financial reporting: product or periodd) If product cost, identify which items are direct materials, direct labor ormanufacturing overhead.Question 1.2 - Costing Systems (10 points)Thomas discussed the business plan with you. He was told that there are three different types of costing systems that exist in organizations job order, process costing and activity based costing.Required: Which type of costing system is his business most likely to use? Discuss?I have it completed just need to check my work... would appreciate the help as soon as possible. Who was the longest-ruling female ruler of russia? catherine ii elizabeth i mary i maria theresa Find the LCM of the first five primes How do glands of the endocrine system help your body maintain homeostasis?