Answer: The correct answer is <u>".B. There is no beginning inventory.".</u>
Explanation:
The weighted average method produces the same cost of manufactured goods as the FIFO method (First in First out) when there is no beginning inventory because there are no units at the beginning that drag the cost.
Answer:
The correct answer is letter "C": competence.
Explanation:
American writer, educator, and psychologist Jennifer Aaker (born in 1967) is the author of the Brand Dimensions model in which she describes five (5) dimensions companies used for the marketing of their products that are related to individuals' personalities. Those personalities are:
- Sincerity:<em> characterized by honesty and cheer.
</em>
- Excitement:<em> characterized by dare, spirit, and imagination.
</em>
- <u>Competence</u>: <em>characterized by reliability, intelligence, and success.
</em>
- Sophistication: <em>characterized by the upper class, charm.
</em>
- Ruggedness:<em> characterized by being outdoorsy and tough.</em>
This would be called representative money because the token itself is worth money as well as the commodity <span />
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Answer:
a) the cost of production of Greengene's falls by $300 or more
b) there is no change in the cost of production
Explanation:
a) The leftover principle states that land rent equals the excess of total revenue over nonland costs. Mr. Greengene initial rent is already fixed at $500. The new method of growing cost of corn is now $300 per hectare. Lauren will continue to apply the leftover principle when collecting rent as long as the cost of production of Greengene's falls by $300 or more.
b) If Lauren decides to increase the rent to $800 when there is no change in the cost of production, she stands to lose Mr. Greengene as he will simply look for another land to rent from someone else. Therefore, Greengene's rent will be unchanged if there is no change in the cost of production.