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ruslelena [56]
1 year ago
14

Costs that are shared by multiple cost objects in a company are known as ______ costs.

Business
1 answer:
laiz [17]1 year ago
8 0

Costs that are shared by multiple cost objects in a company are known as common costs.

<h3>What is cost?</h3>

Cost involves expenses that are incurred either in production or purchase of goods and services. Common cost consist of all cots incurred, it is not attached to any specific cost object, such as a product or process.

When cost is attached to particular cost it can be given a name.

Example is overhead cost of production, direct cost and indirect costs.

Therefore, Costs that are shared by multiple cost objects in a company are known as common costs.

Learn more on cost below

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Ferrar Corporation has two major business segments: Consumer and Commercial. Data for the segments and for the company for March
ipn [44]

Answer:

Explanation:

Commercial business segment contribution margin = Sales- Variable expenses = 280,000- 143,000 = $137,000

So the answer is C

6 0
4 years ago
All the combinations of goods and services that can be produced if all of society's resources are used efficiently are represent
kondaur [170]

Answer:

C. Production Possibility frontier

Explanation:

The production possibility frontier (PPF) is a graph that shows what levels of output of two goods can be produced using available resources and technology.

Just individuals can not have everything they want and must make choices between different goods, society as a whole also can't have everything it might want either. This PPF depicts constraints faced between the resources

6 0
3 years ago
a grandmother deposited $1,000 in an account that pays 8% per year compounded annually when her granddaughter was born. what wil
chubhunter [2.5K]

The value of the account when the granddaughter reaches her 13th birthday will be $2720

Compound interest is interest that builds up over a set length of time on both principal and interest. The principal is also used to account for the interest that has accrued on a principal over time. Furthermore, the accumulated principal value is used to calculate interest for the subsequent period.

Principal amount invested = $1000

Rate of return = 8% per year

Time = 13 years

Using the formula we get the following:

A = P(1+r/100)^n

where A = amount

P = principal amount invested

r = rate of return

n = time in years

Substituting the values in the formula we get:

A = 1000(1+8/100)^13

= $2719.62 or $2720

Learn more about compound interest:

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4 0
1 year ago
Which of the following is NOT an example of the technical support that the International Monetary Fund (IMF) provides to governm
skad [1K]

Answer:

Halth support

Explanation:

IMF (International Monetary Fund), with its International Monetary Fund or more commonly known abbreviation, is an international organization that has duties such as following the global financial order, conducting audits and organizations on issues such as stock exchange, exchange rates, payment plans, as well as providing technical and financial support. To prevent the international trade from shrinking by giving credit to temporary (short-term) payment difficulties that may arise in the balance sheets of the European states; The World Bank was established to provide reconstruction of European states and to eliminate the inherent imbalances in the balance sheets by giving long-term investment loans.

The IMF mainly offers technical assistance and training in four areas:

- Monetary and financial policy (monetary policy tools, banking system supervision and restructuring, external management and operations, payment clearing systems, and central banks);

- Financial policy and management (tax and customs policy and management, budgeting, spending management, social security networking and internal and external debt management);

- Compilation, management, distribution and improvement of statistical data;

- Advice on economic and financial legislation.

6 0
4 years ago
considering synonymthe web 2.0 is not a new and improved version of the internet. which of the following alternate names most ac
Ludmilka [50]
<span>WWW , also referred as Web 1.0 is the traditional World Wide Web and </span>Web 2.0 is the current state of online technologies.
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7 0
4 years ago
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