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3 years ago

When analyzing the key elements of a country's economic environment, it is best to apply a systems perspective?

1 answer:

4 0

True. When you analyze the key elements of a country's economic perspective environment, it is best to apply a systems perspective. When you follow the systems perspective you should be taking all of the behaviors, attributes and actions of a system when it's in its environment. instead of individualizing people and things within, it's an overall evaluation of the system.

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PLS HELP ASAP WILL GIVE BRAINLIEST!!!

Lynna [10]

The answer is D because the monopoly is the hardest to get into.

8 0

3 years ago

Cavy Company estimates that total factory overhead costs will be $660,000 for the year. Direct labor hours are estimated to be 1

Kitty [74]

Answer:

A...=$6.6; B=$3,696 and $5,280

Explanation:

A. To calculate the predetermined factory overhead rate,

Given

overhead costs = $660,000

Direct labor hours = 100,000.

overhead rate = overhead cost/labor hours

= $660,000/100000

=$6.6

B. To calculate the amount of factory overhead applied to Job 345 if the amount of direct labor hours is 560 and Job 777 if the amount of direct labor hours is 800

Given

Job 345 direct labor hours is 560

Job 777 direct labor hours is 800

Therefore

Factory overhead for job 345 = direct labor hours × predetermined factory overhead rate

= 560hours × $6.6

=$3,696

Factory overhead for job 777 = direct labor hours × predetermined factory overhead rate

= 800hours × $6.6

=$5,280

C. Journal entry for April

Add the overheads the two current jobs

$3,696 + $5,280= $8,976

Now record $8,976 in debit column against current work

record $8,976 in credit column against factory overhead

Account debit credit

1. current work $8,976

2. factory overhead $8,976

8 0

3 years ago

Read 2 more answers

Kimbeth Manufacturing uses a process cost system to manufacture dust density sensors for the mining industry. The following info

Lena [83]

Answer:

$6 per unit

Explanation:

using the weighted average method:

units completed 92,000 x 100% (both materials and conversion)

ending work in progress 24,000

materials 90% completed = 21,600
conversion 40% completed = 9,600

equivalent unit conversion costs = total conversion costs / total equivalent units of conversion

total conversion costs = $20,320 + $15,240 + $$182,880 + $391,160 = $609,600
total equivalent units of conversion = 92,000 + 9,600 = 101,600

equivalent unit conversion costs = $609,600 / 101,600 units = $6 per unit

4 0

3 years ago

The things that are most important to you are your top __________. A. niceties B. priorities C. peculiarities D. similarities

Svetlanka [38]

The things that are most important to you are your top priorities

8 0

3 years ago

Read 2 more answers

Which of the following statements is correct?

Kamila [148]

Answer:

The correct answer is d. Different economic models employ different sets of assumptions.

Explanation:

To approach the study of economic reality it is necessary, in some way, to simplify it; keep certain variables under control. Precisely for this, it is that economic models are built.

Economic models are built on principles of departure, called "assumptions." Such assumptions fulfill the same role as the postulates in geometry. That is:

They are not subject to deduction from other more basic principles.
They are "reasonably" true but not necessarily verifiable.
They function as premises in the logical structure to deduce the conclusions and correlations found in the lowest levels of generality.

We can say then, that the theoretical explanations refer to invisible "relationships", whose existence is proposed by the theory, and whose implications are logically deduced, and then corroborated by observations. They consist of:

Assumptions (eg subjects want to maximize their earnings).
Relevant variables (eg price and quantity).
Binding hypothesis (eg quantity demanded based on price).
Conclusions or predictions of observable facts (eg prices will rise).

5 0

3 years ago