Answer:
The answer is: B) No, since the marginal cost of drug control exceeds the marginal benefit, the government should not spend $4,170 to deter one person from using drugs.
Explanation:
There are two ways in analyzing this situation, economically the government shouldn't spend that much money to prevent someone from using drugs, the marginal costs are much larger than the marginal benefits ($4,170 ˃ $897).
But if you only use this type of analysis for government spending, why should the firefighters try to stop a fire? Many times it is much more expensive and risky to do it.
Direct costs are expensed, Indirect costs are expensed
Answer:
D) Inventory management
Explanation:
Inventory management involves all the procedures necessary for providing with sufficient materials, supplies and parts to the different production units. Efficient inventory management must balance the needs of having enough stock (materials, supplies, parts) and using resources efficiently, since every dollar held in stock is not being used to generate money on another department of the company. The most efficient type of inventory management is the just in time inventory system developed by Toyota.
Answer:
True
Explanation:
Equivalent units of production need to be calculated for Materials and Conversion costs separately as the work done (Percentage Completion) towards the outputs may be different in these input elements. This is applicable to Both the <em>weighted-average method</em> and the <em>first-in first-out method</em>.
Answer:
total debt ratio = 0.3532
Explanation:
given data
total assets = $485,390
net fixed assets = $250,000
current liabilities = $23,456
long-term liabilities = $148,000
to find out
total debt ratio
solution
we get here total debt ratio that is express as
total debt ratio = ( current liabilities + long-term liabilities ) ÷ total assets ........1
put here value we get
total debt ratio =
total debt ratio = 0.3532