I believe the answer is: <span>the allocation method
production possibilities graph could only include the factors that can be projected after doing combination of various products' production.
Allocation method only play role in the technique that can be used to produce the products and cannot be considered as data projection from the production
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A good or service is said to be highly elastic if there is a a slight change in price this will cause a sharp change in the quantity. Usually these kinds of products are readily available in the market - example is jewelry. lottery ticket.
Answer:
351,830,000 Yuan
Explanation:
Investment value = C$ 15.1 billion
Value in Yuan in June 2012 = C$ 15.1 billion x 6.3698 Yuan/C$
Value in Yuan in September 2012 = C$ 15.1 billion x 6.3465 Yuan/C$
The difference in Yuan if Cnooc has purchased Nexen in September instead of June is:
Cnocc saves 351,830,000 Yuan
Answer:
d. makes an adjusting journal entry by debiting Cost of Goods Sold for $1,200 and crediting Manufacturing Overhead for $1,200.
Explanation:
The debit balance of $1,200 in the Manufacturing Overhead account represents under-applied overhead. To ensure that the Cost of Goods Sold is accurate, the debit balance is debited to the Cost of Goods Sold while the corresponding credit goes to the Manufacturing Overhead account.
Answer: c) $7,535
Explanation:
The Collection Float refers to the time that it takes for a deposited check to become available to the account owner after the check has been deposited.
The Average amount is calculated thus;
= No. of payments * Clearing days * average value of payment
= 138 * 1.3 * 42
= $7,535
