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4 years ago

Interpretive explanations to archaeological questions are also known as ________ explanations

1 answer:

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Interpretive explanations to archaeological questions are also known as post-processual explanations. Post-processual archeology is part of the archaeological theory that emphasizes the subjectivity of archaeological interpretations.The movement began during the 1980s.

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Oceanic Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a barge. Oceanic is a merchant who deals i

Anton [14]

Answer:

Regardless of what Oceanic knew or could have discovered

Explanation:

An implied warranty for merchantability guarantees that a product will work as expected. if your oven won't maintain a stable temperature, it can't be relied upon to work properly and has violated the implied warranty of merchantability.

The warranty of merchantability is based off the idea that the seller is in a better state to know whether a product will perform properly. it encourages merchants to ensure the quality of their products before placing them on market.

5 0

4 years ago

Read 2 more answers

For a restaurant: Select one: a. cheese and other wholesale food items would be considered fixed resources in the short run. b.

vaieri [72.5K]

Answer:

c. a building would be a fixed resource in the short run.

Explanation:

A fixed resource is a factor of production that doesn't vary with output. E.g. building

A variable resource is a factor of production that varies with output. If output increases, variable resources increases. E.g. labour, cheese and other wholesale food items.

Output is what is produced. E.g. the food produced by the restaurant is the output.

I hope my answer helps you

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3 years ago

Jefferson Company has sales of $300,000 and cost of goods available for sale of $270,000. If the gross profit ratio is typically

Anna71 [15]

Answer:

A. $60,000

Explanation

Calculation for what the estimated cost of the ending inventory under the gross profit method would be

First step is to calculate the Gross profit

Gross profit= $300,000 *30%

Gross profit= $90,000

Second Step is to calculate the cost of goods sold

Cost of goods sold=$300,000-$90,000

Cost of goods sold= $210,000

Last step is to calculate the estimated cost of the ending inventory under the gross profit method

Using this formula

Estimated cost of the ending inventory=

Cost of goods available for sale- Cost of goods sold

Let plug in the formula

Estimated cost of the ending inventory=$270,000-$210,000

Estimated cost of the ending inventory=$60,000

Therefore the estimated cost of the ending inventory under the gross profit method would be $60,000

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3 years ago

Moor Company: If overhead is applied to production basis of direct labor cost, what predetermined overhead rate was in effect du

snow_tiger [21]

Answer:

The predetermined overhead rate for machine hours is calculated by dividing the estimated manufacturing overhead cost total by the estimated number of machine hours

Explanation:

if the annual budget is based on a production quantity of 10,000 units and the direct labor required for each unit is three hours, the total direct labor is 10,000 x 3 or 30,000 hours. The total overhead expenditure is then divided by the total labor hours to arrive at the overhead rate.

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4 years ago

Cheyenne Corp. uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date Number of Units

4vir4ik [10]

Answer:

The COGS for the June 1st sale is $17 per unit, and the COGS for the August 27th sale is $20 per unit.

Explanation:

Date Number of units Unit balance Unit cost Average cost

May 7 40 40 $17 $17

June 1 (20) 20 $17

July 28 30 50 $22 $20

August 27 (30) 20 $20

The average COGS after the purchase on July 28 = [(20 x $17) + (30 x $22)] / 50 = ($340 + $660) / 50 = $20

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3 years ago