1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
horsena [70]
3 years ago
13

These are the general term for the factors of production used in the making of goods and services.

Business
2 answers:
guajiro [1.7K]3 years ago
6 0

Answer: The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.

Margaret [11]3 years ago
4 0

These include any resource needed for the creation of a good or service. The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.

You might be interested in
Risser Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined ov
erma4kov [3.2K]

Answer:

Gross margin $22,346

Explanation:

The computation of the gross margin is shown below:

Sales             $66,300

less:

Direct material  $15,900

Direct labor   $14,430

Overhead $13,624 ($16,244 ÷ 310× 260)

Gross margin $22,346

Hence, the gross margin is $22,346

4 0
2 years ago
The 3 levels that brand positioning can be achieved​
ludmilkaskok [199]

Answer:

Explanation:

Product attributes (least effective)

Product benefits.

Beliefs and values (taps into emotions)

8 0
3 years ago
A(n) _______________ is either a person or medium providing consumption-related information and hired and paid by and organizati
Luba_88 [7]

Answer:

Formal source

Informal source

Explanation:

A formal source is either a person or medium providing consumption-related information and hired and paid by and organization. An informal source is person whom the message receiver knows personally, such as a parent or friend who gives product information or advice, or an individual met and respected online.

4 0
3 years ago
Flounder Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of
ipn [44]

Answer:

a.

Journal Entries

Dr. Cash ___________________$104,000

Cr. Common Stock ___________$5,000

Cr. Preferred stock ___________$10,000

Cr. Paid in capital Common Stock $78,200

Cr. Paid in capital Preferred stock $10,800

b.

Dr. Cash ___________________$104,000

Cr. Common Stock ___________$5,000

Cr. Preferred stock ___________$10,000

Cr. Paid in capital Common Stock $84,000

Cr. Paid in capital Preferred stock $5,000

Explanation:

a.

First, we need to calculate the fair value of each type of shares using the following formula

Fair value  = Numbers of shares x Fair value per share

Fair Value of Common Share = 500 shares x $164 per share = $82,000

Fair value of preferred share = 100 shares x $205 per share = $20,500

Total value of shares = $82,000 + $20,500 = $102,500

Now allocate the Value of $104,000 bases on the fair value

Allocation to

Common stock = $104,000 x $82,000 / $102,500 = $83,200

Preferred stock = $104,000 x $20,500 / $102,500 = $20,800

Now calculate the par values

Par Values

Common stock = 500 shares x $10 = $5,000

Preferred stock = 100 shares x $100 = $10,000

Now calculate the additional paid-in capital

Additional paid-in capital

Common stock = $83,200 - $5,000 = $78,200

Preferred stock = $20,800 - $10,000 = $10,800

b,

Value of common stock = $178 per share x 500 shares = $89,000

Additional paid in capital

Common stock = $89,000 - $5,000 = $84,000

Preferred stock = $104,000 - $89,000 - $10,000 = $10,000

6 0
2 years ago
Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of g
solmaris [256]

Answer:

(A) 352,410

(B) 328,910

(C) 474,120

(D) 461,770

(E) 165,000

(F) 175,000

Explanation:

1.- WIP, August 1st:        $    19,660  $   41,650           (e)

2.- Cost added               $ 332,750        (c)         $ 1,075,000

3.- Subtotal                            (a)        $ 515,770  $ 1,240,000

4.- WIP, August 31th       $  23,500   $  54,000         (f)

5.- COGM                              (b)              (d)         $1,068,000

The identity to solve for this is as follow:

$$beginning WIP + cost added = COGM +  ending WIP

<u>The third row is the sum of the left side of the of the equation.</u>

beginning WIP + cost added.

(a) 332,750 + 19,660 = 352,410

(c) 515,770 - 41,650 = 474,120

(e) 1,240,000 - 1,075,000 = 165,000

COMG will be third row less fourth row

the ending WIP subtracted from the left side

(b) 352,410 - 23,500 = 328,910

(d) 515,770 - 54,000 =  461,770

(f) 1,240,000 - 1,068,000 = 175,000

8 0
3 years ago
Other questions:
  • "Willow's team has split up the contributions for its group writing project equally, with individual team members committing var
    8·1 answer
  • If the rate of interest increases 1 percent, what will be the bond’s new price
    12·1 answer
  • Hailey purchased furniture for her living room and spent quite a bit of money. After she purchased it, she started regretting th
    12·1 answer
  • Wholesome Bread, Inc. advertised that its honey wheat bread had 25% fewer calories than a competing brand, Valley Grains. In fac
    6·1 answer
  • Howard Industries is a computer manufacturer located in Laurel, MS. This company is interested in expanding internationally. Whi
    8·1 answer
  • Which one of the following is not correct? For debt issued at par: interest expense reported on the income statement equals the
    6·1 answer
  • Yield to maturity (YTM) is the rate of return expected from a bond held until its maturity date. However, the YTM equals the exp
    9·1 answer
  • Sandoval needs to determine its year-end inventory. the warehouse contains 20,000 units, of which 3,000 were damaged by flood an
    10·1 answer
  • File cabinets are conventional storage cabinets that are deeper than they are wide and have files arranged from front to back.
    6·1 answer
  • Since stocks can be traded online, which purpose is best served by markets?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!