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2 years ago

Which of the following describes what is identified by a supply schedule?

Business

2 answers:

Anika [276]2 years ago

6 0

Answer: Which of the following describes what is identified by a supply schedule?

How much suppliers will profit at various prices

How much consumers will save at various supply levels

How much suppliers will raise prices as production varies

How much of a product suppliers will produce at various prices

Explanation: A supply schedule is a table that shows the quantity supplied at each price. A supply curve is a graph that shows the quantity supplied at each price. Sometimes the supply curve is called a supply schedule because it is a graphical representation of the supply schedule.

julia-pushkina [17]2 years ago

4 0

Answer:

Explanation:

It shows the various amout of prices that would be shown in a graph

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Explanation:

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3 years ago

Competitors who sell similar products using similar marketing plans are known as

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Answer:

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Explanation:

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Hi-Test Company uses the weighted-average method of process costing to assign production costs to its products. Information for

LenaWriter [7]

Answer and Explanation:

The computation of given question is shown below:-

Hi-Test Company

Weighted-average method

Equivalent units

Particulars Physical units Material Conversion costs

Units to be accounted for

Beginning work-in-progress 2,000

Production started 28,000

Total units 30,000

Units accounted for:

1. Completed and transferred

out 23,000 23,000 23,000

(23,000 × 100%)

Ending work-in-progress 7,000 7,000 2,800

(7,000 × 100%) (7,000 × 40%)

2. Total units 30,000 30,000 25,800

Materials Conversion costs Total costs

Costs to account for:

Beginning work in

progress $45,000 $56,320 $101,320

($25,600 + $30,720)

Costs added during

period $375,000 $341,000 $716,000

Total costs $420,000 $397,320 $817,320

Total equivalent unit

of production $30,000 $25,800

3. Cost per equivalent unit $14.00 $15.40

Cost accounted for

4. Completed and transferred

out $322,000 $354,200 $676,200

(23,000 × $14.00) (2,800 × $15.40)

7. Ending work in progress $98,000 $43,120 $141,120

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Total cost $420,000 $397,320 $817,320

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3 years ago