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Morgarella [4.7K]

4 years ago

11

If the price of coffee cups falls and the consumer decides to buy more coffee cups solely because they are less expensive, this

describes the:

1 answer:

Tatiana [17]4 years ago

3 0

Consumer surplus effect

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Zoom sales last year were $435,000, its operating costs including Depreciation were $362,500, and its interest charges were $12,

Ostrovityanka [42]

Answer:

374,000

Explanation:

because 362,500 plus 4,000 equals 364,500 add the last 10,000 and you have 374,500 add the 500 and now you have 375k

8 0

3 years ago

suppose winston's annual salary as an accountant is $60,000 and his financial assets generate $4,000 per year in interest. one d

coldgirl [10]

To run the business, he outlays $8,000 in cash to cover all the costs involved with running the business, and earns revenues of $150,000. Winston's implicit costs $64,000

<h3>What is implicit costs?</h3>

Any expense that has already happened but isn't always shown or reported as a separate charge is considered an implicit cost. It stands for an opportunity cost that develops when a business commits internal resources to a project without receiving any direct payment in exchange.

For instance, losing out on sales and commissions while training a new employee takes up a day. This opportunity cost, often known as the commission and other pay, is a cost to the employee or trainer.

Explicit costs are distinguished from implicit costs by economists. Out-of-pocket costs including those for labour, supplies, and rent are considered explicit costs, also known as accounting costs. Implicit costs are expenses a company faces without making a direct financial commitment.

To learn more about implicit costs visit:

brainly.com/question/15849018

#SPJ4

8 0

2 years ago

g Suppose you deposit $1,091.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,728.00 _____ years

Usimov [2.4K]

Solution :

Initial amount is : $1091 .

Rate, r = 0.12 .

Let, amount will be $1728 in t years.

So,

$1728 = 1091( 1 + 0.12t )\\\\1 + 0.12t = \dfrac{1728}{1091}\\\\1 + 0.12t = 1.58\\\\0.12t = 0.58\\\\t = \dfrac{0.58}{0.12}\\\\t = 4.8\ years\\$

Hence, this is the required solution.

3 0

3 years ago

LO 1.2Who are the primary users of the information gathered by managerial accountants?

Oduvanchick [21]

Answer:

managers of the organization

Explanation:

Management Accounting - The main purpose of accounting is to provide a database for business leaders to make the right decisions. Management accounting performs the same function as an area of accounting. Simply the information that the management accounting reveals is intended for internal users of the enterprise, and some literature has described it as "good" data.

Internal users use management accounting data to develop strategies, plan work, make decisions, and optimize resource use.

The main differences between the Financial Accounting (FA) and the Management Accounting (MA) are the dual registration system in the FA. The FA should comply with the legislation and the monetary measure. MA has no legal requirement, and natural, labor and so on. Dimensions can be used. One of the most important differences is that the FA reflects on what has happened, and MA prepares predictive reports on what has happened and about future events.Thus, MA calculations help in making decisions on internal procedures, budgeting and other projected reports.

4 0

3 years ago

At the beginning of the period, the Cutting Department budgeted direct labor of $136,000, direct materials of $156,000 and fixed

sammy [17]

Answer:

A

Explanation:

In this question, we will calculate the appropriate total budget for the department.

We employ a mathematical approach as follows;

direct labor =$136,000

direct material =$156,000

fixed factory overhead = $10,100

total cost will be ---- 136,000 + 156,000+ 10,100 = $302,100 (for 7,000 hrs of production)

the cost of 1 hr of production is 302,100/7,000= $43.16

so in order to extend it to 10,300 we need (10,300-7,000) = 3,300 more hrs of production

3,300 * 43.16 = 142,419

adding this to 302,100 + 142,419 = $444,519

4 0

3 years ago