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3 years ago

What action may be taken if a bill stagnates in a house committee?

1 answer:

8 0

<span>A discharge petition may be taken if a bill stagnates in a house committee. Discharging a petition is bringing a bill in front a house committee and discharging it so that no </span>further discussion or consideration can be made regarding the bill.

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Joshua runs a large manufacturing business that is listed on the stock exchange. His company made good profits in the previous f

snow_tiger [21]

Answer:

C. financing activities

Explanation:

Dividends are a part of financial flow and treated as reward for equity holders that are financing the business. Not a part of investing (A) or business operating (B) activities. There is no non-operating activities (D) as a category in Cash Flow statement.

8 0

3 years ago

Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Material

Alisiya [41]

Answer:

<u>Cost of goods manufactured statement for March</u>

Direct labor $3,500,000

Materials $2,683,100

Indirect labor $320,000

Machinery depreciation $210,000

Heat, light, and power $175,000

Supplies $34,900

Property taxes $30,000

Miscellaneous costs $45,700

Add Opening Work in process Inventory $435,900

Less Closing Work in process Inventory ($510,400)

Cost of goods manufactured $6,924,200

Explanation:

Prepare a Raw Materials T - Account to determine the cost transferred to Manufacturing Account for Raw Materials.

Raw Materials T - Account

Debits :

Opening Balance $210,000

Purchases $2,666,200

Totals $2,876,200

Credits :

Closing Balance $193,100

Materials transferred to Production $2,683,100

Totals $2,876,200

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3 years ago

Suppose that during the past year, the price of a laptop computer fell from $2,500 to $2,300. During the same time period, consu

Dafna11 [192]

Answer:

Elasticity of Demand = 4.5

Demand is very elastic, because a small percentage change in price brought about a bigger percentage change in quantity demanded.

Explanation:

Data and Calculations:

Original Average New Average Change Percentage

Quantity 403,000 549,000 +146,000 36.23%

Price $2,500 $2,300 -$200 8%

b) Elasticity of demand: The elasticity of demand is calculated by dividing the % change in quantity by the % change in price which brought it about.

Percentage change in Quantity/Percentage change in price

= 36.23%/8% = 4.5

c) The elasticity of demand is the responsiveness of demand (consumers) to a change in price. If the responsiveness is less than 1, then demand is inelastic. If it is equal to 1, then demand elasticity is unitary. If it is more than 1, then demand is elastic.

Decision, since Elasticity is more than 1, the demand is very elastic.

6 0

3 years ago

If a family spends its entire budget in a given time frame, the family can afford either 85 cans of vegetables or 45 frozen pizz

Marianna [84]

Answer: 0.52

Explanation:

Opportunity cost is the benefit that is obtained from a good or from an activity is foregone by choosing some other alternative.

It was given that a family spends its entire budget either on vegetables or frozen pizzas.

So, the opportunity cost of a can of vegetables $= \frac{45}{85}$

= 0.5294 units of frozen pizzas

This means that opportunity cost of spending on a can of vegetables is 0.52 units of frozen pizzas.

5 0

3 years ago

Match each example below to the correct cost type direct materials $25 per unit

balandron [24]

Answer:

We can divide costs into three categories:

fixed.- do not change as total production outcome changes
variable.- changes proportionally to total production output
mixed.- part fixed, part variable

Explanation:

fixed: they stay the same regardless of total output

depreciation. $4,500 per month
property taxes, $12,000 per year

variable: the more units are produced, the higher they are

direct materials, $25 per unit
shipping costs, $15 per unit

mixed: a part is fixed per month, while another part increases as total output increases.

water and sewer, $50 per month plus $0.10 per gallon
sales rep's pay, $1,000 per month plus 10% sales commission

5 0

4 years ago

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