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Natalija [7]
3 years ago
15

The demand for most products varies directly with changes in consumer incomes. Such products are known as Multiple Choice comple

mentary goods. competitive goods. inferior goods. normal goods.
Business
1 answer:
olasank [31]3 years ago
7 0

Answer:

The correct answer is letter "D": normal goods.

Explanation:

Normal Good is any good or service that sees its increase in demand as a result of an increase in income. Normal goods are defined as having an income elasticity coefficient of demand (<em>percentage change in quantity demanded by the percentage change in price</em>) which is lower than one (1) but is still a positive number.

<em>Consumer staples such as food, drugs, beverages, </em>and <em>basic household products</em> are considered normal goods.

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Bennett Co. has a potential new project that is expected to generate annual revenues of $266,600, with varlable costs of $146,00
emmainna [20.7K]

Answer:

a.$45,160

Explanation:

    The answer is attached.      

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4 0
3 years ago
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Colt Company owns a machine that can produce two specialized products. Production time for Product TLX is three units per hour a
zheka24 [161]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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6 0
3 years ago
May 1. Sold merchandise on account to Taiwan Palace Co., $36,000. The cost of the merchandise sold was $23,540. Aug. 30. Receive
ioda

Answer: See explanation

Explanation:

The journal entry will be prepared as follows:

May 1:

Dr Account receivable $36000

Cr Sales $36000

(To record sales)

Dr Cost of goods sold $23540

Cr Inventory $23540

(To record cost of goods sold)

August 30:

Dr Cash $10380

Dr Allowance for doubtful accounts $25620

Cr Account receivable $36000

(To record collection and written off)

December 8:

Dr Account receivable $25620

Cr Allowance for doubtful accounts $25620

(To record reinstatement)

Dr Cash $25620

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4 0
3 years ago
The following costs were incurred in May:
galben [10]

Answer:

the conversion cost is $58,200

Explanation:

The computation of the conversion cost is shown below:

The conversion cost is

= Direct Labor + Manufacturing Overhead

= $32,800 + $25,400

= $58,200

Hence, the conversion cost is $58,200

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Which of the following statements about the Phonemic Chart for English is incorrect? Select one:
pashok25 [27]

There are a few different phonemic charts for English is the following statements about the Phonemic Chart for English is incorrect.

d. There are a few different phonemic charts for English

<u>Explanation:</u>

The 'phonemic chart' is a lot of images that speak to every one of the sounds in communicating in English. The phonemic graph is likewise valuable for rehearsing elocution since it empowers you to imagine the individual sounds you are experiencing difficulty inside English and practice those sounds precisely.

There are 44 Phonemes in English. In spite of there being only 26 letters in the English language, there are roughly 44 one of a kind sounds, otherwise called phonemes.

The 44 sounds help recognize a single word or significance from another. Different letters and letter mixes are known as graphemes are utilized to speak to the sounds.

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4 years ago
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