Answer:
The correct answer is option D.
Explanation:
Suppose technological advancement has helped in decreasing the cost of producing organic produce. This means that the farmers can now produce more at the same cost. As a result, the supply of organic produce will increase. This will cause a rightward shift in the supply curve.
At the same time, the demand for organic produce has increased. This will lead to a rightward shift in the demand curve.
The rightward shift in both demand and supply curve will lead to an increase in the equilibrium quantity. The change in the price level depends on the extent of the change in demand and supply.
Answer:
The 21,100 units were started through company during the month
Explanation:
The number of units were started through company during the month is computed as:
Number of units were started = Transferred out units - Ending work in progress units
where
Transferred out units is 24,600
Ending work in progress units is 3,500
Putting the values above:
Number of units were started = 24,600 - 3,500
= 21,100
Therefore, 21,1600 units were started through company during the month.
Note: The beginning work in progress will be considered as number of units in started is computing.
Answer:
The range of possible transfer is $ 3.25 to $ 3.50
Explanation:
Data provided:
The purchasing cost of the transistor = $ 3.50
The total number of transistors needed = 8,000
The production cost of the transistor = $ 4.00
The included variable cost = $ 3.25
The included fixed cost = $ 0.75
Now,
the fixed cost cannot be altered, thus it will be there
hence,
the variable cost will be the factor that will evaluate the decision i.e $ 3.25
therefore, the <u>range of possible transfer is $ 3.25 to $ 3.50</u>
Answer:
Revision/Review
Explanation:
DRP is a key procedure in every company so the documentation must be reviewed usually and updated accordignly.
To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is recorded. The population of documents for this test consists of all receiving reports.
<h3>What are receiving reports?</h3>
Receiving reposts is a kind of tool that is used to list, document or note all the transaction details of the businesses. It is generally updated and maintained by those employees of the staff who are responsible for receiving or accepting the delivery of goods.
Thus, an auditor runs a test to ensure that every item received is recorded in order to evaluate whether accounts payable are complete. The receiving reports are the population of documents for this test.
Learn more about receiving reports here:
brainly.com/question/14802834
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