Companies often refine their cost allocation systems to minimize the amount of cost distortion cost distortion caused by the simpler cost allocation systems (t/f)

Given that the graph is not shown here these are the basic points in a production possibility curve.

This is the point that lies on the curve of the PPC. This point can be produced by the resources that are available at the moment.

This is the point that has all the resources in the economy being used in the production of goods and resources.

The unattainable point in the curve is the point that is outside of the curve. At this point the resources available cannot be used for production.

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A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than gross pay.

Gross pay refers to the amount received by the employee without any tax deductions.

A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than the gross pay.

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Answer:

The price of farmland is actually very stable, although it has slightly decreased in the last few years. But the decrease is not because farmland is more or less productive, but because the price of crops decreased a lot in the last 4 years. Do to president's Trump trade wars, the demand for US crops fell dramatically. This hurt farmers a lot, not because the price of their land decreased, but because their revenues collapsed. A farm is just like any other business, if the cash flows decrease by 30 or 40%, it is normal that the price of the business will decrease.

Actually the price of farmland didn't decrease as much as their cash flows. Each farmer probably lost at least 30% of their total revenues, but the price of the land only decreased by 0.8% on average. This happens because the supply of land is extremely inelastic. You cannot just make more farmland, it doesn't work that way.

As productivity increases, the price of farmland increases also. But on the long run, as the prices and productivity increases, new technologies increase productivity even more, diminishing the amount of farmland needed to produce the same output. Farmland productivity has increased a lot in the past decades, which has increased total food production. The problem is that as more food is supplied, its price goes down. This results in prices of farmland decreasing over time due to technological break troughs.

This only happens in some countries like the US, Canada, Brazil, Argentina, and a few others where farmland is extremely abundant and the population per square mile is very low. In other places, e.g. south east Asia, where people are packed like sardines, the price of land hasn't stop rising and will continue to rise because the demand is much higher than the supply.

Answer:

The given costs and classification are;

Cost                    \({}\)                                                                     Classification

a. Automobile engine \({}\)                                                       Direct Material cost

b. Brake pads \({}\)                                                                    Direct Material cost

c. Depreciation of robotic assembly line equipment           Factory overhead cost

d. Glass for front and rear windshields \({}\)                            Direct Material cost

e. Safety helmets and masks for assembly line workers     Factory overhead cost

f. Salary of quality control inspector \({}\)                                     Factory overhead cost

g. Steering wheel \({}\)                                                                Direct Material cost

h. Tires \({}\)                                                                                 Direct Material cost

i. Wages of assembly line workers \({}\)                                       Direct labor cost

Explanation:

Direct material cost is the total cost of the materials with which the product is manufactured

Direct labor costs are the total cost of the wages and salaries which the workers directly involved in the production of the goods or the rendering of the service receive

Factory overhead is the operational cost of the production facility that are not directly related to the output or produced materials. Factor overhead are all the other costs excluding the direct labor and material costs.

Answer:

The Year was 1895

Hope that helps!

Answer: I hope this is helpful mark brainlist if right then no if wrong

Explanation:

Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.

Answer: Thus interest earned in the last month of this period is 232.20 $.

Explanation:

Principal (P) = 38700

Annual rate of interest  = 6.2 %

Monthly rate of interset (R) = \(\frac{6.2}{12}=0.52\)

Time = 3 years = 36 months  ( 1 year = 12 months )

Interest earned in n months =  \(P(1+\frac{R}{100})^n-P\)

Interest earned in the last month of 3 years = interest earned in 36 months - Interest earned in 35 months =  \([38700(1+\frac{0.52}{100})^{36}]-[38700(1+\frac{0.52}{100})^{35}]=38700(1.205-1.199)=232.20\)

Thus interest earned in the last month of this period is 232.20 $.

Answer: most profits

Explanation:

1. An example of economic policy in action is the interest rate the Federal Reserve charges banks for borrowing money. The correct answer is option D.

2. A benefit for a government to issue stimulus checks to its citizens is for paying basic needs and even some consumer spending can occur, thus stimulating the economy. The correct option is D.

Economic policies encompass all decisions made by the government concerning taxation, redistribution, and the availability of money.

Stimulus checks are direct government payments made to individuals during times of economic difficulty. They are intended to increase consumer confidence and spending by going to taxpayers, who will then use them to stimulate revenue at merchants and manufacturers. As such, they are intended to stimulate the economy.

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Answer:

The answer is wildcat strike

Explanation:

At times, employees may engage in a Wildcat strike that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.

Answer:

Tax accountants ensure that companies and individuals comply with tax laws by filing their federal and state income tax returns. Some tax accountants also offer tax planning advice to help businesses and individuals save money in taxes.

Answer:

c- simple interest

Explanation:

Simple interest is the interest attained on the principal amount only. It is expressed as a percentage of the principal amount. Because the principal amount does not change, and the interest rate remains constant, the simple interest amount is a constant figure throughout the investment life.

Simple interest contrast compound interest that earns interest on previously earned interest.

According to Dr. Williams, economics is the study of how people interact with each other and the resources around them to produce, consume, and distribute goods and services.

This includes examining how individuals and businesses make decisions, how they allocate resources, and how they respond to incentives and constraints. By understanding these interactions, economists can analyze and predict trends in the economy, and help policymakers make informed decisions about how to promote growth and stability.

Economics is a vital part of everyday life and its principles are applied in nearly all areas of the world. It is important to understand economics because it provides useful insights into how the world works and helps to make better decisions.

Economic principles guide the production, distribution, and consumption of goods and services, which helps to increase efficiency and improve the standard of living. Understanding basic economic principles helps individuals, businesses, and governments make decisions that lead to better outcomes. Economics can also be useful in understanding how different economic systems work and how they affect the overall economy.

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Using the FIFO method, the ending inventory cost would be 380 units * $8 = $3,040. Using the LIFO method, the ending inventory cost would be 380 units * $6 = $2,280.

In this scenario, Weatherall Company made three purchases of merchandise and needs to compute the cost of the ending inventory using the FIFO and LIFO methods.

The purchases were made in the following sequence: 300 units at $6, 400 units at $7, and 200 units at $8. There are 380 units on hand. Weatherall Company uses a periodic inventory system.

To compute the cost of the ending inventory using the FIFO method, we assume that the units purchased first are sold first. Therefore, the cost of the ending inventory will be calculated based on the most recent purchases.

In this case, the cost of the ending inventory under the FIFO method would be calculated using the cost of the most recent purchase, which is 200 units at $8, as there are 380 units on hand.

For the LIFO method, we assume that the units purchased last are sold first. Therefore, the cost of the ending inventory will be calculated based on the oldest purchases.

In this case, the cost of the ending inventory under the LIFO method would be calculated using the cost of the first purchase, which is 300 units at $6, as there are 380 units on hand.

To determine the exact dollar amount for the ending inventory, you would multiply the number of units on hand by the respective unit cost.

Using the FIFO method, the ending inventory cost would be 380 units * $8 = $3,040. Using the LIFO method, the ending inventory cost would be 380 units * $6 = $2,280.

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Answer:

Because when you are moved out and on your own most places like Apartments, motels, and certain jobs might require you to have good credit scores. If you have poor credit scores those places may not accept you and it would be really difficult to find any places to live or jobs to get without decent credit scores.

Explanation:

(I hope this answers your question. if there are options please tell me the options!).

:)

Answer with its Explanation:

I was unable to find the question, but I think that I can help you understand the difference between the revenue expenditure and the capital expenditure.

Capital Expenditure:

Capital expenditure is the purchase of an asset whose value will last more than a year or expenditure incurred to increase the life of the asset above the initial life or expenditure to increase the productivity of the asset above productivity of the asset when it was purchased.

Examples include the purchase of van. It has life of more than a year hence it must be capitalized. Likewise if we install security system in it then this expenditure will qualify for capital expenditure as it adds additional feature to the asset.

a. The purchase of Machinery of $6,500 is capital expenditure as it has life more than a year.

Revenue Expenditure

The revenue expenditure is the purchase of product or services whose benefits will last within a year or are expenditure on the fixed asset to keep it running. Examples are, ballpoints which is a product that has life< one year. So it must be expensed out at the spot. Likewise the entertainment expenditures of $50 which includes the purchase of pizza and other items for guests, also has less than one year life. Hence these entertainment expenditures must also be expensed out.

Depreciation is a special case here, it is the decrease in the value of Non Current Asset. Hence the decrease in the value of the Non Current Asset must be reduced to its fair value. Depreciation is an utilization of the Non Current Asset's value in the form of benefits drawn from it and it can be measured as decrease in the asset's value. However, sometimes it is difficult to find the fair value of the asset in the market. To resolve this issue, we use depreciation formula to estimate the decrease in the value of the asset.

Answer:

An exclusive amazon alexa that's for little little kids, like toddlers that doubles as a camera

Explanation:

New trade theorists would agree that a country might become dominant in the export of a good simply because it has a comparative advantage in producing that good.

New trade theory suggests that a country may become dominant in exporting a good due to having a comparative advantage in producing it. This advantage can come from factors like technology, human capital, and access to resources. The theory leads to specialization and greater efficiency, improving living standards. In summary, a country can become dominant in exporting a good because it is more efficient in producing it than other countries.

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Answer:

A cost-benefit analysis is a systematic process that businesses use to analyze which decisions to make and which to forgo. The cost-benefit analyst sums the potential rewards expected from a situation or action and then subtracts the total costs associated with taking that action. Some consultants or analysts also build models to assign a dollar value on intangible items, such as the benefits and costs associated with living in a certain town.

KEY TAKEAWAYS

A cost-benefit analysis (CBA) is the process used to measure the benefits of a decision or taking action minus the costs associated with taking that action.

A CBA involves measurable financial metrics such as revenue earned or costs saved as a result of the decision to pursue a project.

A CBA can also include intangible benefits and costs or effects from a decision such as employees morale and customer satisfaction.

Cost-Benefit Analysis (CBA)

Understanding Cost-Benefit Analysis (CBA)

Before building a new plant or taking on a new project, prudent managers conduct a cost-benefit analysis to evaluate all the potential costs and revenues that a company might generate from the project. The outcome of the analysis will determine whether the project is financially feasible or if the company should pursue another project.

In many models, a cost-benefit analysis will also factor the opportunity cost into the decision-making process. Opportunity costs are alternative benefits that could have been realized when choosing one alternative over another. In other words, the opportunity cost is the forgone or missed opportunity as a result of a choice or decision. Factoring in opportunity costs allows project managers to weigh the benefits from alternative courses of action and not merely the current path or choice being considered in the cost-benefit analysis.

By considering all options and the potential missed opportunities, the cost-benefit analysis is more thorough and allows for better decision-making.

The Cost-Benefit Analysis Process

A cost-benefit analysis should begin with compiling a comprehensive list of all the costs and benefits associated with the project or decision.

The costs involved in a CBA might include the following:

Direct costs would be direct labor involved in manufacturing, inventory, raw materials, manufacturing expenses.

Indirect costs might include electricity, overhead costs from management, rent, utilities.

Intangible costs of a decision, such as the impact on customers, employees, or delivery times.

Opportunity costs such as alternative investments, or buying a plant versus building one.

Cost of potential risks such as regulatory risks, competition, and environmental impacts.

Benefits might include the following:

Higher revenue and sales from increased production or new product.

Intangible benefits, such as improved employee safety and morale, as well as customer satisfaction due to enhanced product offerings or faster delivery.

Competitive advantage or market share gained as a result of the decision.

An analyst or project manager should apply a monetary measurement to all of the items on the cost-benefit list, taking special care not to underestimate costs or overestimate benefits. A conservative approach with a conscious effort to avoid any subjective tendencies when calculating estimates is best suited when assigning a value to both costs and benefits for a cost-benefit analysis.

Finally, the results of the aggregate costs and benefits should be compared quantitatively to determine if the benefits outweigh the costs. If so, then the rational decision is to go forward with the project. If not, the business should review the project to see if it can make adjustments to either increase benefits or decrease costs to make the project viable. Otherwise, the company should likely avoid the project.

With cost-benefit analysis, there are a number of forecasts built into the process, and if any of the forecasts are inaccurate, the results may be called into question.

Limitations of the Cost-Benefit Analysis

For projects that involve small- to mid-level capital expenditures and are short to intermediate in terms of time to completion, an in-depth cost-benefit analysis may be sufficient enough to make a well-informed, rational decision. For very large projects with a long-term time horizon, a cost-benefit analysis might fail to account for important financial concerns such as inflation, interest rates, varying cash flows, and the present value of money.

Answer:

The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.

Explanation:

Answer:

Payment issue etc.

Explanation:

Individuals encountered many obstacles with the barter system, including a lack of the double coordination of expectations, a lack of a standard unit of value, difficulty making potential or contingent transactions, and difficulty storing and transferring value.

Answer:

Pro forma invoices are sent to buyers ahead of a shipment or delivery of goods or services. Most pro forma invoices provide the buyer with a precise sale price. A pro forma invoice requires only enough information to allow customs to determine the duties needed from a general examination of the included goods.

Explanation:

hope i help

Answer:

profit gained ìs enjoyed alone

decision making is faster

Answer:

The answer is B

Explanation:

Since its been stolen he can't offer her anything anymore based on that transaction

Answer:

groomer, kennel attendant, veterinary assistant, trainer, Animal Control worker.

Explanation:

these are all examples of high paying animal related jobs that do not require less of school, though depending on the facility, they may require schooling.

I would say the answer is Falsr

Distribution channel for making tangible products represents businesses which buyers pay for a good or a service.

The Internet, retailers, wholesalers, and marketers are instances of distribution channels. The producer sells to the consumers directly through a direct distribution platform. Before the product reaches the end customer, there are several middlemen involved in indirect channels.

Businesses depend on sales channels, that are points of contact with their clients, to reach out them and supply a service or product. As many divergent routes the product can take to reach the final consumer can be seen in these distribution networks.

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