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Doss [256]
3 years ago
15

A partial listing of costs incurred during december at rooks corporation appears below: factory supplies $7,000 administrative w

ages and salaries $92,000 direct materials $176,000 sales staff salaries $32,000 factory depreciation $52,000 corporate headquarters building rent $47,000 indirect labor $23,000 marketing $136,000 direct labor $82,000 the total of the product costs listed above for december is:
Business
1 answer:
Eva8 [605]3 years ago
6 0

To solve add up all of the product costs which include, factory supplies, administrative wages and salaries, direct materials and sales staff salaries.

$7,000 + $92,000 + $176,000 + $32,000 = $307,000

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Firms are organizations that A) take advantage of the public. B) transform resources into products. C) transform outputs into in
loris [4]

Answer:

B

Explanation:

A firm is an organisation that is created to make profit. They transform resources into products

They include :

  • corporations
  • limited liabilities
  • partnerships
7 0
2 years ago
Are policymakers susceptible to​ rent-seeking behavior? Explain. ​Rent-seeking behavior
Taya2010 [7]

The correct answer is D: May succeed when many voters are rationally ignorant.

Further Explanation:

Rent-seeking behavior can best be described a person lobbying for a particular business or person. Many times a politician is bribed to give a that business certain legislature rules/laws in favor for that company.

If logrolling is permissible, the rent seeking may be successful. Many times the this produces results that are not favorable to the public and can even be harmful. It really helps to understand the government policies when a person understands rent-seeking behavior.

Some ways a government may fail is;

  • rent seeking behavior
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  • rational ignorance
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Learn more about rent-seeking behavior at brainly.com/question/13767756

#LearnwithBrainly

4 0
3 years ago
The Sisyphean Company has a bond outstanding with a face value of $ 5 comma 000 $5,000 that reaches maturity in 5 5 years. The b
lilavasa [31]

Answer: $5,219.59905

the price that the bond traded for would be closest to

$5,220 (rounded to whole number)

Explanation:

Using the price of bond formula below:

Price = C × 1 - [(1+r)^-n] /r + F/ (1+r)^n

C = coupon rate = 9.1% of face values ($5,000)

F= Face value(par value) = $5,000

n = number of years to maturity; 5

r = YTM (yield to maturity) = 8% = 0.08

Price = 455 × 1 - [(1+0.08)^-5]/0.08 + 5,000/(1+0.08)^5

Price = 455 × 1 - [(1.08)^-5]/0.08 + 5,000/(1.08)^5

Price= 455 × ( 1 - 0.680583197)/0.08 + 5,000 / 1.46932808

Price= 455 × (0.319416803)/0.08 + 3,402.91598

Price = 1,816.68307 + 3,402.91598

Price= $5,219.59905

≈$5,220 to the nearest whole number.

8 0
3 years ago
A mining company declared a liquidating dividend. The journal entry to record the declaration must include a debit to1. Retained
gregori [183]

Answer: Option (2)

Explanation:

Paid in capital is referred to as or known as amount of the capital which is paid in by the investors during the preferred or common stock issuance, including par value of shares in addition to the amount in excess of the par value. The paid in capital tends to represent funds which are raised by organization through selling of equity.

6 0
3 years ago
Trade deficits usually occur when crops are in short supply.<br> O True<br> O False
FromTheMoon [43]
I think the answer is true, but if I’m wrong sorry
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