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3 years ago

Most people would rather give up their tvs or the internet than their mobile phones.

Business

1 answer:

12345 [234]3 years ago

5 0

ANSWER – TRUE

Most people would rather do away with their TVs or the Internet than their mobile phones. While for a fact, television remains the most used media, and the internet is fast catching up, surveys have shown that most people would still prefer to hold on to their mobile phones above these two.

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To promote economic growth countries would most likely act so that inflation

kipiarov [429]

To promote economic growth, countries would most likely act so that inflation : Remain at low level.

High inflation could potentially rise the average prices of the products within the country. In order to grow, people have to able to sustain a strong financial condition, so a condition where average prices is low is far more favourable.

hope this helps

4 0

3 years ago

Following are income statements for Hossa Corporation for 20X1 and 20x2. Percentage of sales amounts are also shown for each ope

I am Lyosha [343]

Please find full question attached Answer and Explanation:

Please find full answer and explanation attached

We have done a change analysis using data from Hossa's net income statement

From the analysis we can observe that only increase in sales brings a positive effect and therefore the result of increase in net income

7 0

3 years ago

Brief Exercise 4-5 Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and insp

Anni [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The company identifies three activities in its manufacturing process: machine setups, machining, and inspections.

Machine setups:

Estimated annual overhead= $140,000

Cost driver= machine setups

Activity= 2,000 machine setups

Machining:

Estimated annual overhead= $240,000

Cost driver= machine hours

Activity= 24,000 machine hours

Insections:

Estimated annual overhead= $54,000

Cost driver= number of inspections

Activity= 1,200 inspections

To calculate the estimated manufacturing overhead rate we need to use the following formula:

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

Machine setup:

Estimated manufacturing overhead rate= 140,000/2,000= $70 per machine setup

Machining:

Estimated manufacturing overhead rate= 240,000/24,000= $10 per machine hour

Inspection:

Estimated manufacturing overhead rate= 54,000/1,200= $45 per inspection

3 0

3 years ago

Tektron Industries has Beginning and Ending Raw Materials Inventories of $32,000 and $40,000, respectively. Direct Materials use

ch4aika [34]

Answer:

$138,000

Explanation:

The computation of the cost of Raw Materials Purchased is shown below:

= Direct materials used + ending direct material inventory - beginning direct material inventory

= $130,000 + $40,000 - $32,000

= $138,000

Simply we added the ending direct material inventory and deduct the beginning direct material inventory to the direct material used so that the accurate amount can come

5 0

3 years ago

The FASB issued six types of pronouncements prior to the Codification: Statements of Financial Accounting Standards. These prono

Natalka [10]

Solution and Explanation:

The following guidelines as per the previously issued FASB statements of the Financial Accounting Standards, and APB Opinions, or the accounting research bulletins and the staff positions.

The appropriate match for the each of the pronouncement is as follows:

1. E (Interpretations)

2. C (Technical Bulletins)

3. B (Opinions)

4. D (Statements of Financial Accounting Concepts)

5. G (Accounting Research Bulletins)

6. A (The statements of the Financial Accounting Standards)

7. F (The Staff Positions)

4 0

3 years ago