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Pavlova-9 [17]
3 years ago
11

A market economy is regulated between two things?

Business
1 answer:
sleet_krkn [62]3 years ago
4 0
Producers and Consumers
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An example of a cost would be _____. <br> profit<br> revenue <br> fire <br> salaries
tangare [24]
The cost of electricity. <span> because explicit costs are like accounting costs. They are direct costs that come with operating a business. A,B and C are all implicit costs, they are like opportunity costs and do not have any direct value in a accounting perspective.</span>
5 0
3 years ago
Read 2 more answers
Sportly, Inc. completed Job No. B14 during 2011. The job cost sheet listed the following: Direct materials $44,000 Direct labor
Damm [24]

Based on the direct materials, the direct labor, and the manufacturing overhead, the cost of finished goods on hand is $33,600.

<h3>What is the cost of finished goods on hand for this job?</h3><h3 />

Cost of goods on hand is:

= Cost of goods per unit x Number of goods on hand

Cost of goods per unit is:
= (44,000 + 24,000 + 16,000) / 3,000 units

= $28 per unit

Cost of goods on hand:

= 28 x (3,000 - 1,800)

= $33,600

Find out more on finished goods at brainly.com/question/26764271.

#SPJ1

3 0
2 years ago
An adequate supply of complements to a product results in: a. more customers opting for the product. b. higher switching costs.
Rama09 [41]

Answer: a. more customers opting for the product

Explanation: It is important for a companies and businesses to ensure that in addition to the product they deal in itself, there is an adequate supply of complements. Complements to a product are products whose use is related to the use of an associated product, as such, its appeal increases with increasing use or popularity of its complement. An adequate supply of complements to a product results in more customers opting for the product.

8 0
2 years ago
Number of setups and number of components are identified as activity-cost drivers for overhead. Assuming an activity-based costi
Stolb23 [73]

Barnes Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost information has been compiled.

                                   Number of             Number of              Number of

Product                          Setups              Components     Direct Labor Hours

Standard                          22                           8                              375

Deluxe                             28                          12                              225

Overhead costs      $20,000                      $40,000

Answer:

Barnes Corporation

The total amount of overhead costs assigned to the deluxe model (using an activity-based costing system) is:

= $35,200.

Explanation:

a) Data and Calculations:

                            Overhead Costs  Standard  Deluxe Total Overhead Rate

Setups                          $20,000           22           28        50   $400 ($20,000/50)

Components                $40,000             8            12        20   $2,000 ($40,000/20)

Direct Labor Hours                             375         225      600

Total overhead costs  $60,000

Amount of overhead costs assigned to the deluxe model:

Set up costs = $11,200 (28 * $400)

Components costs = $24,000 (12 * $2,000)

Total overheads assigned = $35,200

4 0
2 years ago
Identify at least one type of firm that might exhibit low correlations of returns with the overall stock market? explain why the
svlad2 [7]

 

<span>One firm that is historically low and deals with negatively correlated stock markets is Gold Extraction Companies. They are have very low correction with overall stock markets. The basic reason for this low correlation is that, as the stock market become bearish, investor sentiment becomes weak, due to which most of the investors withdraw their money from stock market. Now once investor has withdrawn the money from stock market , they search on safe investments which will provide them good reruns, Gold is one of the investment which is relatively safe and provide high returns. Thus withdrawn money from the share market is invested in gold by investors. Thus Gold prices and companies related to extraction of gold have very less correlation to the gold.</span>

6 0
3 years ago
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