If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most

If the market price 'Pmkt' is above the price 'P0', then quantity supplied is_________ equal to greater than quantity demand

Evgen [1.6K]

The quantity supplied at this level of price is less than the quantity demanded and therefore the market is in shortage situation.

Explanation:

If the current price of the market is above the price P0, then the level of the quantity supplied of the good is less than the level of quantity demanded of that good at this level. With the less quantity supplied, there will be a situation of shortage of the quantity of goods in the market.

6 0

3 years ago

Which of the following types of financial aid do not require you to pay the money back?

lilavasa [31]

A grant is a sum of money given by the government of a country for a particular purpose and it does not require to be paid back

5 0

3 years ago

Read 2 more answers

ABC systems ________. Multiple Choice will allocate costs based on the overall level of activity highlight the different levels

lozanna [386]

Answer: highlight the different level of activities

Explanation:

Activity Based Costing system assigns costs to the activity that are used in production and it highlight the different level of activities.

Activity based costing system is quite different from the traditional costing systems based on the way the indirect cost is being treated.

3 0

3 years ago

What are persuasive messages

kozerog [31]

Answer:

A message in which you are trying to get the reader to agree with your opinion. This way the walk away with a new perspective over such topic.

3 0

3 years ago

Read 2 more answers

University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developi

8_murik_8 [283]

Answer: a. $600 Maintenance costs to Printing

$1,800 Maintenance costs to Developing

b. $2,480 Personnel costs to Printing

$9,920 Personnel costs to Developing

Explanation:

The Direct method as mentioned, allocates the service department costs to the Operating Departments.

Overheads from the Service Departments will not be allocated to the each other. In other words, Maintenance costs will not be allocated to Personnel and Vice Versa.

a. Allocating Maintenance Costs

Maintenance Cost is $2,400 which is to be allocated on the basis is machine hours.

Printing had 1,700 in Machine hours.

Their allocation is,

= 1,700 / ( total machine hours in the two operating Department) * $2,400

= 1,700 / (1,700 + 5,100) * 2,400

= 1,700 / 6,800 * 2,400

= $600 Maintenance costs to Printing

Developing had 5,100 machine hours

= 5,100 / 6,800 * 2,400

= $1,800 Maintenance costs to Developing

b. Allocating Personnel Costs

Maintenance Cost is $12,400 which is to be allocated on the basis is labour hours.

Printing had 700 in labor hours.

Their allocation is,

= 700 / ( total machine hours in the two operating Department) * $12,400

= 700 / ( 700 + 2,800) * 12,400

= 700 / 3,500 * 12,400

= $2,480 Personnel costs to Printing.

Developing had 2,800 machine hours.

= 2,800 / 3,500 * 12,400

= $9,920 Personnel costs to Developing

3 0

4 years ago