Ask question

Ask question

All categories

4 years ago

15

The law of __________ states that price and quantity supplied move in the same direction. A. supply B. economics C. capitalism D

. demand

2 answers:

aksik [14]4 years ago

5 0

A. supply
<span>The law of supply is an economic rule stating that price and quantity supplied move in the same direction.</span>

myrzilka [38]4 years ago

4 0

Answer:

supply

Explanation:

You might be interested in

If you can smell gasoline ______ after filling up, your vehicle’s evaporative emissions system should be checked for leaks

Ber [7]

Fumes is the answer.

5 0

3 years ago

Read 2 more answers

Diehl Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following d

photoshop1234 [79]

Answer:

$84,000

Explanation:

The computation is shown below:

Particulars Order Size Customer support Other Total

Manufacturing overhead $24,000 $408,000 $48,000 480000

Selling and administrative

expenses $60,000 $20,000 $20,000 $100,000

Total $84,000 $428,000 $68,000 $580,000

The allocation of manufacturing overhead is done in 5% 85% 10% 100%

The allocation of selling and administrative expense is done is 60% 20% 20% 100%

4 0

3 years ago

Business documents follow a certain format because they have been doing so for years.

FromTheMoon [43]

False i believe

hope this helps

8 0

4 years ago

Read 2 more answers

As of December 1, Year 2, a company obtained a $1,000,000 line of credit maturing in 1 year on which it has drawn $250,000, a $7

NISA [10]

Answer:

B) Current liabilities of $400,000; long-term liabilities of $900,000.

Explanation:

Option B, detailed as follows:

$250,000, taken from the bank's credit line that expires in 1 year, therefore, is a current Liability.

$150,000 of Current Liability that comes from the annual installments of the secured note of $750,000, the other $600,000 is Long Term.

Finally, $300,000, Long Term of 3-year balloon note.

$250,000 + $150,000 = $400,000 Current Liabilities.

$600,000 + $300,000 = $900,000 Long Term Liabilities.

5 0

3 years ago

According to its original plan, Benson Consulting Services Company plans to charge its customers for service at $135 per hour in

levacccp [35]

Answer:

See budget below

Explanation:

<em>A flexible budget is that which is prepared for different level of activities. It suitable for a situation where there exist a lot of possible scenarios. It is usually prepared using the assumptions of a static budget</em>

The flexible budget would be prepared as followed:

Consulting Services Company

<em><u> Flexibe budget for 2018</u></em>

<em>Activity level (hrs) 48,000 52,000 56,000</em>

$'000 $'000 $'000

Sales revenue ($135/hr) 6,480 7,020 7,560

Variable cost <u>(1920) ( 2080) (2240)</u>

Contribution 4,560 4,940 5,320

Fixed costs <u> (1,310) (1,310) (1,310) </u>

Profit <u>3,250 3,630 4,010</u>

7 0

3 years ago