Based on how each product consumes activities, activity-based costing allocates selling and administrative expenses. Hence, Option D is the correct statement.
<h3>What do you understand by Activity-based costing?</h3>
A costing technique that identifies activities in an organization and assigns the cost of every activity to all services and products in line with the real consumption via way of means of each is referred to as Activity-based costing.
This version of the costing technique assigns greater indirect costs into direct fees as compared to traditional costing.
Hence, Based on how each product consumes activities, Activity-based costing allocates selling and administrative expenses. Option D is the correct statement.
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Answer:
The correct answer is b. increases.
Explanation:
In a market that works as perfect competition (according to Microeconomics), an increase in demand (and the consequent decrease in inventories of producers) leads producers to increase their sales prices of their products, in order to also increase its level of production, until it equals demand (since at higher prices demand decreases) and this causes the market to balance, this is called economic equilibrium. In a competitive economy, producers can only increase their level of production if the sales prices of their products rise, the reason is that production costs increase with volume.
Excess demand occurs when there are imperfections in the market (such as when the Government sets maximum sales prices, at a price below the market equilibrium price) and for this reason the market does not reach equilibrium, where the quantity demanded and offered of the product are equal. When a market is in excess demand, the quantity demanded by consumers is greater than the quantity supplied by sellers, this causes the inventories of the producers to fall and they cannot increase their production.
Answer:
The total revenue for barley producers will increase because the price effect is greater than the quantity effect.
Correct option is D. increase; price; quantity
Explanation:
Price effect (which is the impact that a change has on prices) in the scenario above is greater than Quantity effect (a reduction in commodities sold after an increase in price).
Since breweries still buy below the percentage of the Price effect, the revenue of barley sellers will continue to increase.
However, the revenue will start to decrease when the quantity effect exceeds the price effect.
Answer:
The answer is before.
Explanation:
She should create a website before investing
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
