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DochEvi [55]
2 years ago
9

The selling price of houses would be most likely to increase if there were a decrease in which of the following?

Business
2 answers:
Stells [14]2 years ago
8 0
<span>The selling price of houses would be most likely to increase if there were a decrease in : </span><span>New housing construction

New housing construction often offers the new house with lower prices to attract early buyers.
This will make it harder for the owner of the houses around the new construction to sell their house with a high price.</span>
vekshin12 years ago
6 0
Mortgage interest rate
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The Beauty Beyond Words Salon uses an activity-based costing system in its beauty salon to determine the cost of services. The s
maksim [4K]

Answer:

The correct option is a. $7.50.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answer is now provided as follows:

Activity-based costing is a costing system that involves identifying an organization's activities and assigning the cost of each activity to all products and services based on actual consumption.

Based on the data in the question, a haircut requires ​one units each of Hair Washing and Conditioning, while it requires zero unit of each of Chemical Treatment and Styling.

Therefore, we have:

Cost of services for a haircut = (Units of Hair Washing * Rate of Hair Washing) + (Units of Conditioning * Rate of Conditioning) = (1 * $4.00) + (1  $3.50) = $4.00 + $3.50 = $7.50

Therefore, the correct option is a. $7.50.

Download pdf
5 0
2 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
Paladinen [302]

Answer:

Overhead at the end of the year was $3,570 under-applied

Explanation:

For computing the ended overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $521,220 ÷ 21,900 hours

= $23.8

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 21,750 hours × $23.8

= $517,650

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $521,220 - $517,650

= $3,570 under-applied

8 0
2 years ago
A performance obligation​ is: A. An enforceable promise in a contract with a customer to transfer a good or service to the custo
Bumek [7]

Answer:

The correct answer is D. A promise in a contract with a customer to transfer a good or service to the customer.

Explanation:

Performance obligations are those that the entity undertakes to carry out in the contract established with a client, performance obligations are related to the deliverables established or agreed upon in a contractual manner.

At the start of the contract, the entity must evaluate the goods or services promised in a contract with a customer and must consider as a performance obligation each commitment to transfer to the customer a good or service (or a group of different goods and services) or a series of different goods or services that are substantially the same and that have the same pattern of transfer to the client.

4 0
3 years ago
Read 2 more answers
The primary goal of a financial manager is​ ________. A. maximizing wealth B. minimizing return C. minimizing risk D. maximizing
Pani-rosa [81]

Answer:

D. maximizing profit

Explanation:

Maximizing profit because maximizing wealth may also maximize expenses by a certain limit . Minimizing return or risk may not result in maximum profit.

Maximum profit may help the business to develop grow and have the best results. The primary objective of financial managers is to make the business and company more worthy to its owners employees etc. This is achieved by getting the maximum profits. The maximum profits in turn reward every person connected with the company.

8 0
3 years ago
Ron, a businessman who invests heavily in the stock market, has suffered a serious loss with his latest venture. The very though
IRINA_888 [86]

Answer: Escape avoidance

Explanation:

Escape avoidance also known as avoidance coping, is an approach that is used to deal with stress related issues. Escape avoidance is a form of coping which involves the changing of one's behavior in order to avoid thinking or feeling things that makes the person uncomfortable.

Escape avoidance involves trying to avoid stress than dealing with them.

It is a great way to relieve stress. Ron hanging out with friends after his losses is trying to take his mind away from the losses and relieve his stress. This is escape avoidance.

5 0
3 years ago
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