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3 years ago

Which response might be an answer to a fundamental question of economics of how much should be produced ?

Business

1 answer:

amm18123 years ago

4 0

Answer:

A. The XYZ company will be responsible for manufacturing all the glass needed to build the cars.

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Concord Company purchased equipment for $25200 on December 1. It is estimated that annual depreciation on the equipment will be

Ray Of Light [21]

Answer:

Debit Depreciation Expense, $525;

Credit Accumulated Depreciation, $525.

Explanation:

Based on the information given in a situation where the financial statements are to be prepared on December 31, which means that the company should make the following adjusting entry:

Debit Depreciation Expense, $525

Credit Accumulated Depreciation, $525

Calculated as:

Debit depreciation expense $6,300/12

Debit depreciation expense=$525

7 0

3 years ago

Acme enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this

Zanzabum

Answer:

$8500

Explanation:

Beg AP bal = 3000

Sold 1/2 of merch on acct = add 2500

Paid suppliers = subtract 1000

Bought more merch on acct = add 4000

3000 + 2500 - 1000 + 4000 = 8500

Ending AP bal = 8500

4 0

2 years ago

who was a sole practitioner, about representing him before a governmental board. Due to a conflict of interest arising from the

gladu [14]

Answer:

yes

Explanation:

Based on this scenario, it can be said that yes the attorney's actions are proper because the referral fee was reasonable. A standard referral fee percentage could be around 10% for a closed job, starting at around 2-5% for e-mail introductions and even up to 15-20% for referrals where the referrer deals alone with the client. As long as the referral fee is reasonable and the attorney is not taking advantage then his/her actions are proper and ethical.

3 0

3 years ago

A company has two products: standard and deluxe. The company expects to produce 37,775 standard units and 63,640 deluxe units. I

jarptica [38.1K]

Answer:

Results are below.

Explanation:

First, we need to calculate the activity rates for each cost pool:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 1= 103,850 / (2,500 + 5,250)= $13.4 per unit of activity

Activity 2= 106,000 / (4,500 + 5,500)= $10.6 per unit of activity

Activity 3= 95,120 / (3,000 + 2,800)= $16.4 per unit of activity

Now, we can allocate overhead to Standard:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard:

Activity 1= 13.4*2,500= $33,500

Activity 2= 10.6*4,500= $47,700

Activity 3= 16.4*3,000= $49,200

Total allocated costs= $130,400

Finally, the unitary cost:

Unitary cost= 130,400 / 37,775

Unitary cost= $3.45

7 0

3 years ago

Explain how the basic economic problems are solved under capitalism?

kotykmax [81]

Under capitalistic economy, allocation of various resources takes place with the help of market mechanism. Price of various goods and services including the price of factors of production are determined with help of the forces of demand and supply. Free price mechanism helps producers to decide what to produce

I hope tis helped you <3 also can u mark me as the brainliest it will help me level up

6 0

2 years ago

Read 2 more answers