<span>it is true that under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worthless. </span>
Answer:
This question is incomplete, the options are missing. The options are the following:
a) Decrease.
b) Increase.
c) Remain constant.
d) Fluctuate randomly around its equilibrium value.
And the correct answer is the option B: Increase.
Explanation:
To begin with, in the microeconomics theory the supply curve is known for being the one who shows what quantity will be supplied by the offerents given a particular amount of price that is already establish by the interaction between the forces of the market given a perfect competitive market as an example. So in that graphic the supply curve will always have a positive slope and that is due to the law of supply that establishes that there is a direct relationship between the price a good and its supply, so that means that if the price a good increases its quantity supplied will increase as well with it.
Answer:
Cost of Goods Sold( COGS)
Explanation:
Costs of goods sold ( COGS)or cost of sales is the expense incurred in manufacturing goods sold in a period. COGS is composed of the direct cost incurred in manufacturing goods sold by a business. The direct cost includes direct materials, labor, and direct overhead costs. Direct labor is the total of wages and salaries paid to workers involved directly in the production process.
Calculation of the cost of goods sold involves adding beginning inventory to purchases and subtracting the ending inventory.
Answer:
B)
Explanation:
Because Ralph´s Recliners assigns the fixed costs to more quantity of recliners. Each one of the products charges less part of the fixed cost, compared with each one made by Lazy Guys. Then, the average total cost is lower.
Answer:
E. increase by $5,000.
Explanation:
For computing the operating income, first, we have to compute the incremental revenue and then deduct the incremental cost, so that the operating income could find out
The incremental revenue would be
= Number of pounds sold × (Selling price per pound - Split-off sale price per pound)
= 5,000 pounds × ($25 - $20)
= 5,000 pounds × $5
= $25,000
And, the additional cost for processed further is $20,000
Now put these price to the above formula
So, the operating income would equal to
= $25,000 - $20,000
= $5,000 increase
