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3 years ago

Why do people need to buy and sell products or services answers?

1 answer:

4 0

It is on account of nobody is independent.A service is the creation of a basically elusive advantage, either in its own particular right or as a critical component of a substantial item, which through some type of trade, fulfills a distinguished need.

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Barnes Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost info

777dan777 [17]

Answer:

Standard= $24,800

Explanation:

Giving the following information:

Number of: Setups Components

Standard 22 8

Deluxe 28 12

Overhead costs $20,000 $40,000

<u>First, we need to calculate the predetermined overhead rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Setups= 20,000 / (22+28)= $400per setup

Components= 40,000 / (8+12)= $2,000 per component

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 400*22 + 2,000*8

Standard= $24,800

3 0

3 years ago

The following statements accurately describe the difference between saving and investing EXCEPT…

vagabundo [1.1K]

Answer:

Saving can only be done in person. Investing can be done both in-person and online.

Explanation:

Saving refers to keeping some funds aside for use during emergencies. Individuals and institutions also save as a way of accumulating funds for a specific intention. Banks and other deposit-taking institutions offer saving services to pool funds and lend them for investment and consumption.

Saving will attract lower interest rates, sometimes below the inflation rate. Banks offer lower rates on saving and charges a higher interest rate to borrowers to make profits. Because saving offer lower returns, they are suitable for short-term periods. Savings are relatively safer than investment.

Investments offer higher returns but have a higher risk. Due to their price volatility, investments are suited for the long-term to safeguard against price fluctuations.

8 0

3 years ago

The nation with the largest percentage of publically held land is

RideAnS [48]

The nation with the largest percentage of publicly held land is United state of America. These lands are usually set aside for different purposes such as parks, refuge camps, forests, historical places, etc.

6 0

3 years ago

were designed to concentrate the credit risk of a bundle of loans on one class of investor, leaving the other investors in the p

asambeis [7]

Answer:

collateralized debt obligation

Explanation:a

collateralized debt obligation is referred to an emergency asset that would be used as collateral assets if a company unable to pay the loan.

It is basically introduced by the bank to regain the loan value that is sold to particular investors. it helps the bank to make more funds and it also helps to transfer risk from bank to investor.

5 0

3 years ago

Which action can hurt your credit score? I. Paying your phone bill late. II. Taking the bus to work. III. Maxing out several cre

worty [1.4K]

Paying your phone bill late and maxing out your credit cards will hurt your credit... So it should be 1 and 3 :)

3 0

3 years ago

Read 2 more answers