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1 year ago

The three methods used to classify costs into their fixed and variable components includes:

1 answer:

6 0

Answer: Scatter diagrams, the high-low method, and regression analysis (least-squares regression)

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Hammerhead Inc. uses practical capacity as the denominator to set the cost of supplying capacity and for the current period the

bogdanovich [222]

Answer:

the value of the manufacturing resources not used is $252,000

Explanation:

The computation of the value of the manufacturing resources not used is shown below

= (practical capacity - number of units produced) × budgeted cost per unit of supplying capacity

= (10,000 units - 4,000 units) × $42

= 6,000 units × $42

= $252,000

Hence, the value of the manufacturing resources not used is $252,000

7 0

3 years ago

Assume the United States can use a given amount of its resources to produce either 20 airplanes or 8 automobiles and Japan can e

Karo-lina-s [1.5K]

Assume the United States can use a given amount of its resources to produce either 20 airplanes or 8 automobiles and Japan can employ the same amount of its resources to produce either 20 airplanes or 10 automobiles. The U.S. should specialize in airplanes.

Answer: Option D

Explanation:

The resources which are used to produce goods are available in limited amount in the economy. But these resources can be used for alternative purposes and producing various goods. So the producers should focus on the optimum utilization of the resources.

The United States of America can produce 20 airplanes with that amount of the resources, so it should specialist in producing air planes and not on the production of the auto mobiles. Because it can produce only 8 automobiles.

6 0

2 years ago

Classify the following items as Direct materials, Selling and administrative expense, Factory overhead, or Direct labor. a. Rent

xxTIMURxx [149]

Answer:

a. Rent expense on factory building = Factory overhead, because it is the factory building.
b. Sales supplies used = Selling and administrative expense.
c. Factory supplies used = Factory overhead.
d. Indirect materials used = Factory overhead.
e. Wages of assembly line personnel = Direct Labor.
f. Cost of primary material used to make product = Direct Materials.
g. Depreciation on office equipment = Selling and administrative expense.
h. Rent on office facilities = Selling and administrative expense.
i. Insurance expired on factory equipment = Factory overhead.
j. Utilities incurred in the office = Selling and administrative expense.
Advertising expense = Selling and administrative expense.

4 0

3 years ago

Why do you think economists can be certain that every

Aleonysh [2.5K]

Answer:

En esta primera parte del libro estudiamos lo que para muchos economistas es la pregunta más

importante de la economía: ¿Por qué algunos países tienen mayores niveles de ingreso por

habitante que otros?

En el capítulo 2 definimos el crecimiento económico y presentamos distintas herramientas

útiles para medirlo y analizarlo. Además, presentamos una breve historia del crecimiento

económico, con especial énfasis en la evolución de la economía argentina en el contexto

mundial.

El capítulo 3 es una introducción a la teoría del crecimiento económico. Presentamos allí un

esquema analítico sencillo, en el cual la inversión y el desarrollo tecnológico aparecen como

los determinantes directos del crecimiento. Además, explicamos algunos de los factores que los

economistas han identificado como determinantes más profundos del crecimiento – aquellos

factores que definen el grado de inversión y de desarrollo tecnológico.

Explanation:

7 0

3 years ago

Activity Cost Activity Allocation Base Allocation Rate

Flura [38]

Answer:

Following is attached the solution to each part of the given question.

I hope it will help you a lot!

Explanation:

3 0

3 years ago