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viva [34]
3 years ago
9

Annual manufacturing cost data (1000s) for four product lines are as follows:

Business
1 answer:
nadezda [96]3 years ago
7 0

Answer:

1st rank Line 3

2nd rank Line 1

3rd rank  Line 2

4th rank Line 4

Explanation:

Using a spreadsheet approach all of the costs information can be set in excel such that it starts with costs of direct materials followed by the cost of direct labor with summing up to be prime costs of production.

However,the total indirect is then apportioned to the product in proportion of the product's total direct costs(the prime costs) as done in the attached spreadsheet.

The manufacturing cost per unit is the total manufacturing costs divided by annual production in each case.

Find attached.

Download xlsx
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In contrast to a real-time system, in a batch processing system a. relatively more resources are required b. there is a lag betw
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Answer:

B) there is a lag between the time when the economic event occurs and the financial records are updated

Explanation:

Batch processing systems collect data together in a batch before the execution of the process, e.g. billing, generating reports. While real time processing happens immediately after the data has been entered, e.g. an ATM.

Batch systems usually postpone the data processing while real time processing is carried out without delay.

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3 years ago
Which of the following types of business ownership has the advantages of pass-through taxation and liability protection?
pickupchik [31]
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In the context of investing, the term market refers to
asambeis [7]
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5 0
3 years ago
Uneven distribution of natural resources often leads to countries trading with one another, explain how
sleet_krkn [62]

Answer:

Uneven distribution of natural resources often leads to countries trading with one another, explain how

In ancient times, trade by barter was first employed for trading as a result of uneven distribution of natural resources which calls for need for transacting with other countries. It has greatly benefited countries in such a way that it strengthens the tie between them and make wealth to be well distributed as the country with least natural resources still has something to sell to those with many. e.g Crude oil from Nigeria to other part of the world has made it easier for Nigeria and this still remains their major natural resources used in international trade for money and it has helped to boost their economy since oil was detected.

Explanation:

3 0
3 years ago
Suppose the economy had been producing at Natural Real GDP but is now experiencing a recession. Which of the following are discr
RUDIKE [14]

Answer:

Part 1. Additional spending on national park facilities & A tax cut is the answer.

Part 2. Expansionary

Explanation:

The Natural level of real GDP is also associated with the natural rate of unemployment. When the real gdp < natural real gdp, the economy is said to be in a recession. Thus unemplyment rate is> natural rate of unemployment.

Reason is as follows:

A tax cut, depends if its permanent or not (to see the difference between short and long run effects). However, for this scenario, a tax cut should give consumers more disposable income, which would increase consumption, thus increasing total output. The opposit effect would happen for a tax increase. Hence a tax cut is a policy that could bring gdp near natural GDP.

A reduction in government purchases would lower G, which would lower Y too. so all else equal, a reduction in government purchases wouldn't help increase output, rather it may fall instead. So this is not a solution for bringing actual gdp near natural GDP.

Additional spending on national park facilities:- Will increase income of someone or the other and thus would create extra demand . Thus it would give some consumers more disposable income, which would help them increase C, thus would be increasing total output. So this is can be a solution for bringing actual gdp near natural GDP.

7 0
3 years ago
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