1.

Suppose that a business incurred implicit costs of $500,000 and explicit costs of $5 million in a specific year. If the firm sol

Nesterboy [21]

Answer: d.) profits were zero and its economic losses were $500,000.

Explanation:

8 0

3 years ago

A company decides to let go of some employees due to a financial crisis. Jane loses her job, while her colleagues with similar p

Lisa [10]

Answer:

The correct answer is: outcome unfairness.

Explanation:

Injustice is a quality related to injustice or undeserved results. The term can be applied in reference to a particular event or situation or to a broader status quo. In Western philosophy and jurisprudence, injustice is very commonly, but not always, defined as the absence or the opposite of justice. The sense of injustice is a universal human trait, although the exact circumstances considered unfair can vary from one culture to another. While even acts of nature can sometimes arouse the sense of injustice, the sense is generally felt in relation to human action such as misuse, abuse, neglect or embezzlement that is not corrected or sanctioned by a legal system or fellow human The sense of injustice can be a powerful motivational condition, causing people to take measures not only to defend themselves, but also for others who perceive them to be treated unfairly.

3 0

4 years ago

Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding D

kogti [31]

Answer:

Cost per EUP Materials: $2,05

Explanation:

Units Materials Conversion

Beginning WIP: 25,000 25,000 (100%) 13,750 (55%)

Units Transferred Out: 135,000 135,000 135,000

Ending WIP: 30,000 30,000 (100%) 9,000 (30%)

Equivalent Units of Production (FIFO): Units Transferred Out + Equivalent Units in ending WIP - Equivalent Units in Beginning WIP

EUP Materials: 135,000 + 30,000 - 25,000 = 140,000

Cost per Equivalent Unit (FIFO): Total Cost Incurred in the Period / Equivalent Units of Production

Cost per EUP Materials: 287,000 / 140,000 = $2,05

7 0

3 years ago

While managing a successful Google Ads campaign, why would you choose automated bidding instead of manual bidding? Because cross

luda_lava [24]

Answer:

Because given the dynamic nature of Google's auctions, the appropriate bid can often be a moving target that's challenging to reach at scale when using manual bidding.

Explanation:

Above all, the adequate strategy depends on your company's marketing goals. Therefore, it is wise to always take into consideration that first. When manually bidding the auctions, it is important to understand the downside of doing so. The actual bids can vary depending on each situation.

For example, you have determined that a specific keyword is of extreme value for your business, so you set a high manual bid for it. But, what happens when it doesn't get searched for a while or simply gets dominated by a group of complimentary keywords? That is exactly why automated bidding gets more convenient and simple.

5 0

4 years ago

Blue Spruce Corp. uses the percentage-of-receivables basis to record bad debt expense and concludes that 2% of accounts receivab

dedylja [7]

Answer:

The adjusting journal entry would be:

Debit: Bad debts expense $5,317

Credit: Allowance for Doubtful Accounts $5,317

Explanation:

Debit: Bad debts expense $5,317

Credit: Allowance for Doubtful Accounts $5,317

Explanation of the entry:

Allowance for doubtful debts at the end of the year = $402,000 × 2% = $8,040

Credit balance at the start = $2,723

Allowance for doubtful accounts = $8,040 - $2,723 = $5,317

The Allowance for Doubtful Accounts presently has a credit balance of $2,723 and allowance for doubtful debt at the end of year is $8,040, you need to enter an additional credit amount of $5,317 into the Allowance for Doubtful Accounts. The other part of this adjusting entry will be a debit of $5,317 to Bad Debts Expense.

6 0

3 years ago