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densk [106]
3 years ago
10

Which of the following is true of relevant costs? a.Relevant costs are past costs that do not differ from one alternative to ano

ther. b.Relevant costs have no effect on decision making. c.Relevant costs are sunk costs that alter future decisions. d.Relevant costs are future costs that differ across alternatives.
Business
1 answer:
Sloan [31]3 years ago
7 0

Answer:

D

Explanation:

Relevant cost are cost that affects future cash flows. Cost that differ across alternatives are also relevant but are known as variable cost. All variable cost are relevant but not all relevant cost are variable.

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Hammerhead Inc. uses practical capacity as the denominator to set the cost of supplying capacity and for the current period the
bogdanovich [222]

Answer:

the value of the manufacturing resources not used is $252,000

Explanation:

The computation of the value of the manufacturing resources not used is shown below

= (practical capacity - number of units produced) ×  budgeted cost per unit of supplying capacity

= (10,000 units - 4,000 units) × $42

= 6,000 units × $42

= $252,000

Hence, the value of the manufacturing resources not used is $252,000

7 0
3 years ago
Which would be the appropriate strategy for companies to use to compete in the global marketplace if both the pressures to lower
malfutka [58]

Answer:

C) international strategy

Explanation:

An international strategy is used by very specific industries which can be considered as luxury or almost luxury products, e.g. scotch whisky, french wine, etc.

International companies are mainly exporting companies, with most of the cost related activities occurring in the headquarters. Therefore this type of companies don't need to adapt locally and are not that worried about lowering costs. The main role of the subsidiaries is to channel the sales from the headquarters to the final customers.

5 0
3 years ago
The price of one nation's currency expressed in terms of another nation's currency is called
Ivenika [448]
It is called exchange rate. An exchange rate accordingly has two segments, the local money, and a remote cash, and can be cited either specifically or by implication. In an immediate citation, the cost of a unit of outside money is communicated as far as the local cash.
4 0
3 years ago
The Phillips family has a joint gross monthly income of $11,300. The $499 lease payment for their car expires in four months. A
Vladimir79 [104]

Answer:

24%

Explanation:

Calculation to determine their housing ratio

Using this formula

Housing ratio= Housing expenses / Gross monthly income

Let plug in the formula

Housing ratio= $2,700/ $11,300

Housing ratio= 24%

Therefore their housing ratio is 24%

8 0
2 years ago
Entries for Issuing Bonds Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued
Mila [183]

Answer:

The Journal Entry is shown below in the explanation section

Explanation:

The first step to take is to make use of the Journal entry.

Journal Entries for issuing Bonds

1 May       Cash                            800,000

               Bonds Payable                                              800,000

1 Nov       Interest expense          24,000

               Cash                                                               24,000

               (800,000* 6%*6/12)

31 Dec    Interest expense            8000

              Interest Payable                                               8000

              (800,000* 6%* 2/12)

3 0
3 years ago
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