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3 years ago

The supply of coffee has increased twice as much as the demand for coffee. As a result, we can predict a(n):

1 answer:

8 0

Increase in the supply of coffee will result to a decrease in price of coffee, this is because there is more coffee in the market compared to the quantity demanded by the consumers. Hence, the surplus coffee in the market will make the suppliers or the sellers to lower the price so as to clear the stocks.

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The biggest factor in determining the price of a mortgage is:

xeze [42]

I'd say your answer would be the interest rate so A

5 0

3 years ago

Crane Corp., a company whose stock is publicly traded, provides a noncontributory defined-benefit pension plan for its employees

stiv31 [10]

Answer:

$118,000

Explanation:

Calculation to determine what Crane should report a pension asset / liability

Fair value of plan assets $740,000

Less Projected benefit obligation ($ 622,000)

Pension asset / liability $118,000

($740,000-$622,000)

Therefore Crane should report a pension asset / liability of $118,000

7 0

3 years ago

g Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding

FromTheMoon [43]

Answer:

Total equivalent unit of material = 140,000 units

Explanation:

Equivalent units are used to apportion cost between completed units and work in progress. They represent notional whole units which represent incomplete work.

Under the first in first method , to account for completed units during a production period the opening inventory units are assumed to completed first before newly the newly introduced units.

So we can work out the equivalents units as follows:

Fully worked units :These represent units started this period of production and completed in the same period. This is given as 110,000 units

Equivalent units (EU)

Item unit Workings EU

Opening inventory 25,000 0% × 25,000 = 0

Fully worked 110,000 100% × 110,000 = 110,000

Closing inventory 30,000 100%× 30,000 = 30,000

Total equivalent unit of material 140,000

Note that for the opening inventory already 100% material work has been done the preceding period , so there wont be any work left to be done in respect of materials.

5 0

3 years ago

From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simu

OverLord2011 [107]

Answer:

True

Explanation:

The theory of constraints focuses on establishing the most important limiting factor or constraint in a business and improve it in order to improve the whole company's performance.

In simple terms, a company recognizes their greatest weakness and tries to improve it, so that it no longer represents a limitation.

This theory was originally developed for manufacturing companies, and it was meant to reduce bottlenecks (manufacturing constraints). Therefore one of its main goals is to lower inventory levels and operating costs while increasing production output.

8 0

3 years ago

Steve is in charge of accounting for the purchase of equipment at Cal Works, Inc. The company has a policy that all expenditures

Svetlanka [38]

Answer: Materiality

Explanation: In simple words, materiality refers to the accounting concept which states that only those transaction should be recorded in the financial statements which are important to the stakeholders.

In other words, the transactions should be recorded in such a way that it gives some value to the stakeholders.

Therefore, in the given case, steve reported two expenditures in the fiancial statement as the amount is significant, thus,must be holding the value to stakeholders.

Hence the correct option is D.

5 0

3 years ago