Answer:
B. average total cost
Explanation:
In the terms of economics, the Average total cost is the cost which is obtained by dividing the total production cost involved by the total number of output units.
The average total cost also determines the cost per unit for a product.
It helps in deciding the selling cost of the product for a specified profit margin.
Answer:
Ethical Dissonance
Explanation:
Ethical Dissonance refers to a divide between an individual desired moral identity and the benefit they derive from acting against such ethical codes, conducts, beliefs or values.
The culture of the company is not in alignment with the my ethical codes', because its approach to reporting amounts cannot be justified from a GAAP perspective, the ethical issues of concern is Ethical Dissonance
Answer:
The correct answer is:
Expenditures—2017 in the amount of $200. (C.)
Explanation:
This scenario describes a record that was less than the actual amount spent on the General Fund supplies. The amount recorded was $2,000, meanwhile the actual amount spent was $2,000. This entails that an amount worth $200 was not recorded, hence it will be debited as expenditures, but the question now is where the debit will be recorded?
This review was done in January 2017, meaning that the income statement for the 2016 Fiscal year must have been balanced, hence the amount will be an expenditure recorded in 2017, but the particulars will have a description that it was a carried over expenditure from 2016. Therefore $200 will be debited from 2017 as expenditures.
Answer:
The correct answer is letter "D": Improperly packed by the party shipping them.
Explanation:
Carriers are liable for the loss of goods being transported by them under three scenarios: acts of God (<em>because they are unpredictable</em>), acts of the shipper (<em>negligence of the person providing with the goods being transported</em>), and acts of a public enemy (<em>a country engaging into the war</em>).
In that case, <em>the carrier is likely not to be found liable if the shipping items were incorrectly packaged the sending party</em>.
Answer:
The variance is: $ 0.50 per direct labor hour.
Explanation:
Actual payroll = $117,000/6000h = $19.50 per hour
So, if we compare this value with the standard rate of pay ($20 per direct labor hour) The variance is: $20.00 - $ 19.50 = $0.50 per hour
