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3 years ago

What is the cost of production associated with labor? A. taxes B. profit C. rent D. wages

Business

2 answers:

grin007 [14]3 years ago

3 0

ANSWER:

a. taxes

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ludmilkaskok [199]3 years ago

3 0

The correct answer is D, Wages.

The cost of production associated with the labor is Wages.

When employees are hired, they are given salaries in exchange of their time and work they give to the organization. So when workers work in a manufacturing firm, they are given wages. Wages are considered as cost of production. Production process involves employees, and employees are given money to do work, so a cost is associated for their work, this is the production cost, called Wage.

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Garcel, Inc. held unfinished inventory at a cost of $85,000 with a sales value of $125,000. The inventory will cost $10,500 to c

fiasKO [112]

Answer:

Explanation:

The following information can be gotten from the question:

Net realizable value (NRV) will be:

= $125,000 - $10,500

= $114,500

Normal profit will be:

= $114,500 - (30% × $125,000)

= $114,500 - $37,500

= $77,000

The amount should Garcel report as inventory on its balance sheet should be $77,000.

6 0

2 years ago

If import restrictions prohibit foreigners from selling various goods and services in the U.S. market,

Vesnalui [34]

Answer:

The correct answer is option b.

Explanation:

When foreign producers sell their goods and services in the US market they get US dollars in return. They use these dollars to buy goods and services from the US.

If import restrictions prohibit foreigners from selling various goods and services in the U.S. market, foreigners will have fewer U.S. dollars which they can spend to buy U.S. goods and services. So they will be able to purchase fewer goods and services from the US.

4 0

2 years ago

You have been given the following information for Nicole's Neckties Corp.: Net sales = $2,500,000; Cost of goods sold = $1,300,0

Finger [1]

Answer:

$360,000

Explanation:

Net sales : $2,500,000

Cost of goods sold : ($1,300,000)

Gross profit : $ 1,200,000

Interest expense : ($50,000)

Net profit : $ 1, 150,000

Retained earning: ($30,000)

Dividends paid : ($300,000)

Tax at 40%: =40% * $1,150,000

($460,000)

Depreciation expense : $360,000

6 0

2 years ago

All of the following are categories of data that marketing researchers typically collect except for which one? a. Fears b. Behav

swat32

Answer:

The correct answer is A

Explanation:

Market research is the research which is a scientific study and it is performed in order to collect the important market information, enable the business to make the right decisions.

The collection of the data in the marketing research is defined as the detailed as well as informative procedure, in which the planned search for the all the relevant data that is made by the researcher.

So, the categories which are used for the data that marketing researchers usually collect are behavior, attitudes and intentions.

3 0

3 years ago

19) Which of the following is a fom of business organization that offers limited liability to its owners

Lisa [10]

Answer:

B. Corporation

Explanation:

Corporation is a complex structure of business ownership recognized as separate and distinct from its owners. A corporation is subdivided into small units called stocks, equity, or shares. Each share or stock represents a small part of the company. Owning a share of a corporation is equivalent to owning a small portion of the corporation. A corporation issues shares to investors when it intends to raise additional capital. The shares of corporations are traded at the securities exchange markets.

Shareholders is the title given to owners of a corporation's shares. one feature of a corporation is that it offers its shareholders limited liability to the company's debts. Should the corporation fail in meeting its obligations, shareholders' personal assets cannot be used to settle the debts.

6 0

2 years ago