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KATRIN_1 [288]
3 years ago
15

Suppose there are only two types of goods

Business
1 answer:
bixtya [17]3 years ago
4 0
If there were only two types of goods besides money, then money wouldn’t be the only thing that makes the world go round as they say. We would rely on these two things to much and eventually I’m guessing the supply of these goods would go down because of how dependent we would be to it.
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Bubbles Inc. produces gummy bears. The company purchases raw materials, stores them in warehouse, and then runs them through two
rusak2 [61]

Answer:

D. $65,000

Explanation:

Data provided

Direct labor = $56,500

Manufacturing overhead = $8,500

The computation of Conversion costs is shown below:-

Conversion costs = Direct labor + Manufacturing overhead

= $56,500 + $8,500

= $65,000

Therefore for computing the conversion cost we simply add the direct labor with manufacturing overhead.

8 0
3 years ago
What amount is a reasonable tip for an airport skycap?
Nikitich [7]
At least $2 per bag as most airlines don't pay.
3 0
3 years ago
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A company received an order from a customer in June for services to be provided. Those services were provided in July, and the c
scZoUnD [109]

Answer:

B. July

Explanation:

The principle of revenue recognition arises whenever the income is realized or earned whether cash is collected or not and it also supports the accounting accrual basis. Realizable here means that the customer obtains the product however the payment is made afterward.

So, in the given case, the service is provided in the July month and the same is to be recorded on the July month

8 0
3 years ago
Brief Exercise 24-01 Wildhorse Company uses both standards and budgets. For the year, estimated production of Product X is 565,0
laiz [17]

Answer and Explanation:

The computation is shown below:

a. The standard cost is

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And, for labor it is

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= $2.90 per unit

b. The budgeted cost would be remian the same as the total cost i.e. $1,243,000 and $1,638,500

Hence, the same would be considered and relevant

6 0
2 years ago
Dividing the market by certain preferences or lifestyle choices is __.
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<span>Psychographic segmentation is the correct answer! c:</span>
6 0
3 years ago
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