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yulyashka [42]
3 years ago
8

An externality is an intangible effect of production and purchases. TRUE FALSE

Business
1 answer:
iren2701 [21]3 years ago
5 0

true i think.....Im just guessing to be honest

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On December 31, the company provides consulting services and bills its customer $3,000 for these services.
Gennadij [26K]

Answer:

Debit Accounts receivable $3,000

Credit Consulting Revenue $3,000

Explanation:

Based on the information given if the company provides consulting services and bills its customer the amount of $3,000 for these services the appropriate journal entry On December 31 will be:

On December 31

Debit Accounts receivable $3,000

Credit Consulting Revenue $3,000

6 0
2 years ago
Berry company is an architectural firm located in detroit, michigan. the company works with small and medium-size construction b
Bess [88]

The cost of goods manufactured and the cost of goods sold will be $910000 and $930000 respectively.

<h3>How to calculate the cost?</h3>

Begining direct material inventory = 20000

Direct material purchase = 40000

Direct materials available = 60000

Ending inventory = -10000

Direct materials used = 50000

Direct labor = 800000.

Total factory overhead = 100000

Total manufacturing cost= 95000

Begining design = 60000

Ending design in process = -100000

Cost of goods manufactured = 910000

Beginning finished goods inventory = 300000

Ending finished goods inventory = -280000

Cost of goods sold = 930000

The dominant cost in the cost of goods sold is the direct labor cost of $800,000.

Learn more about cost on:

brainly.com/question/25109150

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7 0
2 years ago
If your seller cost is $8.00 and the price ceiling is $7.00, you will:
ozzi
<span>If your seller cost is $8.00 and the price ceiling is $7.00, you will: </span>Be unable to sell a book for a profit  

Seller Cost refers to the total expense that you have to pay until the product is distributed, while price ceiling is the maximum price imposed by the Government for the product.
The only way for you to obtain profit in this situation is if you could reduce the total operational expense.
6 0
3 years ago
One disadvantage of a partnership is lower monitoring costs. limited liability. difficulty raising funds. it permits greater spe
Degger [83]

The correct answer is difficulty raising funds.

If a business is owned by a partnership, the company is limited to the amount of money that the partners have to invest. This is different from corporation, because when this type of business needs for funds they can sell more stock.

3 0
3 years ago
A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit
Natali5045456 [20]

Answer:

The correct answer is the option A: Cell

Explanation:

To begin with, the name of "Cellular Manufacturing" is known in the business field for being one type of manufacturing process that can be selected among others in order to use it as the method of excellence to produce the good that the company wants to sell. Moreover, this type of process is characterized by the fact that the process involves a number of various machines that do a task in particular, called cells, that can easily change that task in order to do another one that the manufacturer will need so that implicates that this type of method is very helpfull in those companies who develop products that are intended to be changed continuously.

7 0
3 years ago
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