Answer:
b. direct materials purchases, direct labor cost, and factory overhead cost
Explanation:
The production budgets is the budget used for determining the number of units of a product to be manufactured. The production budget captures the estimates of the total production cost and includes elements such as direct materials purchases, direct labor cost, and factory overhead cost.
Operating expenses are expenses incurred during the ordinary course of business outside the manufacturing process.
Sales in unit and dollars are determined by the company's projection and ambition.
The sales estimates determined the production budget considering also the safety stock or closing inventory.
Hence, the right option is b. direct materials purchases, direct labor cost, and factory overhead cost.
Answer:
The answers are : unauthorized, identified, facts, affirm, authorization, withdraws, observe.
Explanation:
Ratification occurs when the principal accepts responsibility for the agent's unauthorized acts. For ratification to be valid, the agent must have acted on behalf of an identified principal, that principal must know all of the material facts , must affirm the agent's act in its entirety, and must have the legal authorization to ratify the transaction both at the time the agent engages in the act and at the time the principal ratifies it. The principal's ratification must occur before the third party withdraws from the transaction, and the principal must observe the same formalities when ratifying the act as would have been required to authorize it initially.
Answer:
shows how much buyers are willing and able to buy at different prices
Explanation:
A demand curve is a graphical representation of the law of demand. The curve demonstrates the relationships between the demand for a product and its price. A demand curve slopes downwards. It shows how the quantity demanded varies with changes in prices.
As per the laws of demand, there is an indirect relationship between price and quantity demand. A rise in demand causes a decline in demand. On the demand curve, the Y-axis has prices, while the X-axis shows quantity. As the demand curve is downward sloping, changes in price cause movement along the demand curve. High prices will lead to low demand. The demand curve shows the level of quantity demanded at different prices.
The process of accumulating capital is called investment.
Investment can be done in various categories like land, labor and capital.
Investment in land does not mean investing only in the lands that are
cultivated or where buildings can be built. It can also include land where
natural resources are available. Capitals can be machinery, buildings, raw
materials and several other things. Labor will include people giving physical
labor as well as those people that use their intelligence. So brain and
physical labor are both investments.