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Alenkasestr [34]

3 years ago

15

The first step in preparing a flexible budget is to ________. identify the fixed and variable cost components prepare the budget

for each activity level identify the relevant activity levels None of these choices are correct.

1 answer:

madam [21]3 years ago

7 0

Answer:

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Q 7.1: a _____ would be properly classified as cash.

kotegsom [21]

A savings account would be properly classified as cash which is an interest bearing bond account held at a bank or alternative monetary organization that offers an uncertain interest rate. The banks or monetary organizations may have assured the number of withdrawals can create from savings account each month and burden fees if uphold a certain average monthly balance in the account.

8 0

3 years ago

3. Working with Numbers and Graphs Q3 Suppose that a small business sells 975 units of goods per month at $30 per unit. The unit

Salsk061 [2.6K]

Answer:

economic profit = $11225

Explanation:

given data

sells = 975 units

cost = $30 per unit

cost of producing goods = $15

implicit costs = $3,400

solution

total revenue = 975 × 30 = $29250

and total cost = 975 × 15 = $14625

so here Total profit will be as

Total profit = $29250 - $14625 = $14625

so here economic profit will be

economic profit = Total profit - implicit costs

economic profit = $14625 - $3,400

economic profit = $11225

6 0

3 years ago

According to the concept of comparative advantage, a good should be produced in that nation where?

snow_lady [41]

According to the concept of comparative advantage, a good should be produced in that nation where its <u>domestic </u><u>opportunity cost</u><u> is the least.</u>

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

In conclusion, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

Read more about opportunity cost

brainly.com/question/13036997

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complete question

According to the concept of comparative advantage, a good should be produced in that nation where:

A) its domestic opportunity cost is greatest.

B) money is used as a medium of exchange.

C) its domestic opportunity cost is least.

D) the terms of trade are maximized.

7 0

2 years ago

Amir is a computer engineer. he occasionally works for a lazlo inc., a publishing company; however, he only works for the organi

Shalnov [3]

amir would be classified as an on-call worker.

<h3>What is on-call worker?</h3>

An on-call employee (oproepkracht) works only when you, the employer, summon them. You and your employee have agreed on this. There are various forms of on-call contracts, each with its own set of rules.

An on-call schedule (or on-call shift) is a timetable that guarantees the appropriate person is always accessible, day or night, to respond rapidly to events and outages. On-call doctors in the medical field are expected to respond to medical crises at any moment during their shift.

On call is a vital duty among many IT, developer, support, and operations teams that provide services that customers demand to be available 24 hours a day, seven days a week. Team members rotate via an on-call cycle, providing coverage around the clock or solely during normal business hours.

To know more about on-call worker follow the link:

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5 0

2 years ago

Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $44,000 in inventory. During t

Akimi4 [234]

Answer:

The answer is $18,810

Explanation:

Cost of goods sold equal:

Beginning or opening inventory plus purchases minus ending or closing inventory.

Monte Vista returned some inventories and also took advantage of discount. So this will reduce the cost of total purchases for the quarter.

Total purchase = new purchases minus purchase returns minus any discount enjoyed.

So total purchase is now:

$10,000 - $1,350 - $340

=$8,310

Therefore cost of goods sold is:

$44,000 + $8,310 - $33,500

=$18,810

4 0

3 years ago