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Ierofanga [76]
3 years ago
6

HELP A business function that includes all business activities that involve money is

Business
1 answer:
Tems11 [23]3 years ago
6 0
FINANCE is one of the four functions of business. it includes all business activities that involve money. production is another function it is any activity related to making a product.

ANSWER: Finance
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TRUE. Hope this helps!
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Anyone knows how to get free chorus hero I need it for a worksheet that’s due today but u have to pay to use chorus hero I don’t
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4 years ago
A producer of felt-tip pens has received a forecast of demand of 39,000 pens for the coming month from its marketing department.
alexandr1967 [171]

Answer:

(a) 12,595.4 units

(b) $1.59

Explanation:

Demand = 39,000

Fixed cost = $33,000 per month

Variable costs = 38 cents per pen

(a) Revenue per unit = $3

Let the volume be x,

Total cost:

= Fixed cost + Variable cost

= $33,000 + (0.38x)

Total revenue = Revenue per unit × Volume

                        = 3x

TR = TC

3x = $33,000 + (0.38x)

3x - 0.38x = $33,000

2.62x = $33,000

x = 12,595.4 units

(b) Let the revenue per unit be x,

Total cost:

= Fixed cost + Variable cost

= $33,000 + (0.38 × 12,595)

= $47,820

Total revenue = Revenue per unit × Volume

                        = 39,000x

Profit = Total revenue - Total cost

$14,000 = 39,000x - $47,820

39,000x = 61,820

x = 1.5851 or $1.59

6 0
4 years ago
During October, Dorinirl Corporation incurred $66,700 of direct labor costs and $9,300 of indirect labor costs. The journal entr
Papessa [141]

Answer:

d. debit to Work in Process of $66,700

Explanation:

The journal entries for recording the given transactions are as follow

1. Work in process Dr $66,700

         To Wages $66,700

(Being direct labor transferred to Work in process account)

2. Factory overhead Dr $9,300

        To indirect labor cost $9,300

(Being indirect labor transferred)

These entries are recorded for recording the wages and the indirect labor cost

3 0
3 years ago
Members should use the AICPA conceptual framework for independence to:
marissa [1.9K]

Members should use the AICPA conceptual framework for independence to  understand the rules on the confidential client information and acts discreditable to the profession.

Option C

Explanation:

Two conceptual frameworks, one each for participants in public accounting and one for participants in the sector, represent a major change to substance in the updated AICPA Code.

In all of these two implementation frameworks, the conceptual framework strategy is one way in which warnings to fully comply with rules arising from a specific connection or circumstance which are not covered by the code can be identified, assessed and addressed.

8 0
3 years ago
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