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2 years ago

The cost object(s) of the activity-based costing method is(are)?

Business

1 answer:

Lorico [155]2 years ago

4 0

Answer: The production activities in the first stage and the unit of product in the second stage.

Explanation:

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Concord Corporation has several outdated computers that cost a total of $18000 and could be sold as scrap for $6000. They could

DanielleElmas [232]

Answer:

$18,000

Explanation:

Sunk costs refers to a cost that has been expended and cannot be recovered or recouped.

With regards to the above, $18,000 was expended concord by corporations to purchase computers hence cannot be recovered. Therefore, it is a sunk cost.

8 0

3 years ago

Sarah is preparing for the baptism of Chris. He bought five dressed chicken weighing 1 3/4, 2 1/8, 1 1/3,1 2/5, and 2 1/2 kilogr

wlad13 [49]

The total weight of the chicken is 9 $\frac{5}{48}$ kg.

The total weight of the chickens can be determined by adding the weights of the five chickens together.

Addition is a basic mathematical operation that is carried out by adding two or more numbers together.

Total weight = $1\frac{3}{4} + 2\frac{1}{8} + 1\frac{1}{3} + 1\frac{2}{5} + 2\frac{1}{2}$

$7\frac{720 + 120 + 320 + 384 + 480}{960}$

7 $\frac{2020}{960}$

9 $\frac{5}{48}$ kg

To learn more about adding fractions, please check:

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7 0

2 years ago

On March 15, a fire destroyed Blossom Company's entire retail inventory. The inventory on hand as of January 1 totaled $5300000.

Svet_ta [14]

Answer:

The value of inventory destroyed=$4,082,000

Explanation:

The value of the inventory destroyed is the difference between the the cost of the total goods available for sale and the cost of goods sold

The value of inventory destroyed = cost of goods available for sale - value of inventory sold

Cost of goods sold = 3540,000 - (20%× 3540,000)= 2,832,000

The cost of goods available for dale = opening inventory + purchases + freight charges

$5300000 + $1432000 + $182000 = 6,914,000

The value of inventory destroyed = 6,914,000 - 2,832,000 = 4082000

The value of inventory destroyed=$4,082,000

7 0

3 years ago

An open market operation is the purchase or sale of _____ - _____ - by the _____ in the open market.

Natali5045456 [20]

An open market operation is the purchase or sale of government securities by the Federal Reserve System in the open market.

What are open market operations?

The Federal Reserve uses open marketplace operations (OMOs), that are important banks' purchases and income of securities at the open marketplace, as a key device for wearing out financial policy.
The Federal Open Market Committee establishes the short-time period intention for open marketplace operations (FOMC).

What is an open marketplace purchase?

The buying or promoting of stocks in a agency through insiders is called an open-marketplace transaction.
An insider should report the important office work with the SEC earlier than carrying out an open-marketplace transaction which will follow insider buying and selling regulations.

Learn more about open market operations

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4 0

2 years ago

Sales tax is this type of tax because it represents a higher percentage of the income of lower income earners.

HACTEHA [7]

Answer is A. regressive tax

3 0

3 years ago