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3 years ago

When comparing product versus period costs, which of the below costs would be an example of a product cost?

Business

2 answers:

marin [14]3 years ago

8 0

Answer:D

Explanation:product cost are cost incurred directly as a result of production. And example of product cost is paper towel in The break room, inside the factory for the direct labour market...

charle [14.2K]3 years ago

6 0

Answer:

The correct answer is letter "D": Paper towels in the break room inside the factor for the direct labor workers.

Explanation:

Product costs are those acquired or produced. Direct materials, direct labor, and factory overhead are some examples. Period costs are those associated with the passage of time. Administrative expenses, sales commissions, rent, security services, and office supplies are period costs.

<em>Paper towels regardless of where they are located inside the company are considered product costs.</em>

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(look at the graph)

stealth61 [152]

Answer:

a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.

Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.

b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.

No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.

For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.

3 0

3 years ago

Which group of players uses the goods and services produced in the game of economics?

KatRina [158]

Answer:

Question 1

Which group of players uses the goods and services produced in the game of economics?

The group of players that uses goods and services produced in the game of economics are the CONSUMERS

Question 2

Which does NOT describe the role that workers play in the economy?

The role that does not describe the role of workers in the economy is act as both consumers and producers. They were never consumers and producers in the economy, they only help in production and make decisions based on business model

Question 3

In economics, businesses do all EXCEPT which of the following?

Businesses does not guide the economy In economics rather they hire workers that helps to carryout production activities among others and organize production and either purchase resources or produce the resources

Question 4

Which of the following statements best describes the results provided by market research?

Market research helps producers understand market forces better, the market forces has to do with the law of demand and supply which helps to acquire the market skills and plan for future occurrence.

Question 5

Which consumer purchase is the result of peer pressure?

mirrored sunglasses because all your friends have them

Question 6

Consumers play an important economic role because they decide on what goods and services to use and buy, how much to buy, and what prices they are willing to pay for it.

True

Question 7

Producers try to satisfy the needs and wants of consumers for goods and services. They have to understand what consumers need or want and how much they are willing to pay for those goods and services.

True

Question 8

Culture, peer pressure, price, and environmental changes influence the decisions made by producers and consumers.

True

Question 9

Which of the following activities shows the government playing the role of producer?

The government buys materials to build a bridge.

Question 10

Which of the following activities shows the government playing the role of consumer?

The government uses electricity to run its offices.

Explanation:

3 0

3 years ago

Question 13 of 20

Ganezh [65]

Answer:

introduction stage

Explanation:

it's making me have 20 characters so it's just introduction stage to introduce a new product

5 0

3 years ago

g- Tom and John are excited to purchase a new house. Based on where they live they can find a good house for $800,000. They need

Aleksandr [31]

Answer: 5.9 years

Explanation:

The amount they need to save is the down payment for the house:

= 800,000 * 15%

= $120,000

They are saving a total of:

= 1,050 + 490

= $1,540 per month

Interest is 3.4%/12 as it is monthly.

On excel, insert the details as shown in the attachment.

You should get 70.5 months.

In years this is:

= 70.5/12

= 5.9 years

3 0

3 years ago

Rotweiler Obedience School's December 31, 2015, balance sheet showed net fixed assets of $1,780,000, and the December 31, 2016,

IceJOKER [234]

Answer: Company's net capital spending for 2016 = $702,000

Explanation:

Given that,

On December 31, 2015:

Net fixed assets = $1,780,000

On December 31, 2016:

Net fixed assets = $2,150,000

Depreciation expense = $332,000

Therefore,

Company's net capital spending for 2016:

= Ending net assets + Depreciation expense - Beginning net assets

= $2,150,000 + $332,000 - $1,780,000

= $702,000

8 0

3 years ago