Answer:
The best answers is "B"
the marginal utility of the last bag of Doritos Fred bought is 50 units.
Explanation:
According to the law of diminishing marginal utility, after some point the more we consume of something, the less each additional unit adds to our satisfaction.
the marginal utility of the last bag of Doritos Fred bought is 50 units because Crackerjacks cost twice as much as Doritos.
Answer:
(humility, egotism, will, discipline)
Explanation:
A leader who possesses this characteristic which are humility, egotism, will, and discipline would mostly behave this way by giving credit to each and every team members who contributed with an idea or opinions, this is how good leaders are recognized because they carry everyone along.
Answer:
$18,650
Explanation:
FIFO means first in, first out. It means its the oldest inventory that are sold first .
If the company sold 800 inventory, the 800 would be taken from the beginning inventory which is a total of 450 and the remaining 350 would be taken from the inventory produced in January.
Cost of goods sold
450×$22 = $9,900
350 ×$25= $8,750
$9,900 + $8,750 = $18,650
I hope my answer helps you
Boomer company purchased office equipment for $1,000 on december 5. the office equipment depreciated $30 during december. the adjusting entry should include a: Debit to Depreciation expense $ 30
Adjusting entries correct previously recorded journal entries, allowing revenue and costs to be recognized as they occur.
Assume, for example, Depreciation that you bill a customer for $1,000 in services in December. They then pay you in January or February, after the previous fiscal year has ended.
To begin, you record the cash in December as profit expected to be collected in the future in accounts receivable. Then, when the client pays in February, an adjustment entry must be made to record the receivable as cash.
This is referred to as an accrued revenue adjustment entry.
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Answer:
Direct materials and direct labor.
Explanation:
A variable cost is the one that vary depending on the level of production or sales. The cost increase or decrease according to the level of volume change.
The variable costing charges only direct costs (material, labour and variable overhead costs) into the cost of a product. It is lower than the cost calculated under absorption costing, that also include fixed manufacturing overhead.
Fixed manufacturing overhead is considered as a periodic cost and charged from the periodic gross profits.