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bogdanovich [222]
3 years ago
9

The following cost data relate to the manufacturing activities of Chang Company during the just completed year:

Business
1 answer:
Katarina [22]3 years ago
3 0

Answer:

See explanations below.

Explanation:

a. It is over applied overhead cost because applied overhead cost is more than the actual overhead cost.

Applied overhead cost = 20,000 hours × $20 = $400,000.

b. Please find attached schedule of cost of goods manufactured as requested.

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In planning their wedding, a couple creates a website that will allow friends and relatives to donate money to their honeymoon e
Mekhanik [1.2K]

Answer: c. Crowdfunding

Explanation: Crowdfunding is funding by many individuals pooling their money together for a common goal, usually via the Internet. The required amount for the project is raised by pooling small sums of money from a large number of people. Each individual acts as an agent of the offering, by selecting and promoting the projects in which they believe in. A wide range of profit-based ventures such as creative projects, medical expenses, travel etc. have employed crowdfunding as a means of sourcing funds.

6 0
4 years ago
Exercise 13-09 On December 31, 2020, Sage Company has $7,044,000 of short-term debt in the form of notes payable to Gotham State
sasho [114]

Answer:

Explanation:

The preparation of the partial balance sheet for Sage at December 31, 2020 is presented below

                                                 NASH COMPANY

                                              Partial Balance Sheet

                                            At December 31, 2020

Current liabilities

Notes payable                                                    $3,176,480

Long term debt

Note payable refinanced in the year 2021        $3,867,520

The computation is shown below:

For note payable i.e shown in the current liabilities is

= $7,044,000 - $6,043,000 × 64%

= $3,176,480

And, the refinanced note payable is

= $6,043,000 × 64%

=  $3,867,520

6 0
3 years ago
Suppose a new​ off-campus university apartment complex could rent its rooms on the open market for​ $900 a month. ​If, instead,
attashe74 [19]

Answer:

A

Explanation:

the price cap is form of price ceiling

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product. This increases consumer surplus

4 0
3 years ago
​________ play an important role in matching supply and demand by providing consumers with a broad assortment of products in sma
konstantin123 [22]

Intermediaries play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

When goods are produced or manufactured by producers, there will be need to make those goods available to final consumers.

The intermediaries- Wholesalers and retailers buys these goods from the producers and make them available to final consumers in small quantities.

By making the goods available to consumers, the intermediaries are playing important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

Learn more about intermediaries here : brainly.com/question/25736500

5 0
3 years ago
Consider the market demand for donuts.
fomenos

Answer:

movement along the demand curve : An increase in the price of donuts

shift of the demand curve : A change in tastes of consumers that makes them desire more donuts

An increase in the number of consumers

Explanation:

only a change in the price of a good would lead to movement along the demand curve for that good. other factors lead to a shift of the demand curve.

an increase in the price of donuts would lead to a reducing in the quantity demanded of donuts. it would lead to a downward movement along the demand curve.

A change in tastes of consumers that makes them desire more donuts and An increase in the number of consumer would lead to an outward shift of the demand curve

7 0
3 years ago
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