1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valentinak56 [21]
3 years ago
13

Many economists propose finding ways to include the harmful environmental and health costs of producing and using goods and serv

ices in their market prices. What is this practice called?
Business
1 answer:
Stella [2.4K]3 years ago
8 0

Answer:

correct answer is full cost pricing

Explanation:

this practice called as full cost pricing

because full cost pricing is that when the price of any product is calculate by an organization on the base of per unit direct cost of output and we add there markup for cover the overhead cost and profit

so here Full cost pricing also including harmful environmental effect and the health cost of the goods and services in  market price

so correct answer is full cost pricing

You might be interested in
In a process-costing system, the cost of abnormal spoilage should be A. Included in the cost of units transferred out. B. Prorat
Olin [163]

Answer:

D. Treated as a loss in the period incurred.

Explanation:

The process-costing system is used by firms that produce goods that goes through a set of manufacturing departments i.e it's used when firms mass produce nearly identical or similar units through various processes.

Under process-costing system, direct costs of production are accumulated,  summarized, and then assigned to all the units produced during the period.

Thus, a single product cost is calculated by dividing process cost in each manufacturing department by the respective units produced during the production period.

Some organizations that use the process-costing system are oil refineries, chemical processing companies, eraser manufacturing companies, and food production companies.

In a process-costing system, the cost of abnormal spoilage should be treated as a loss in the period incurred.

The abnormal spoilage refers to the cost exceeding normal level, associated with spoiled units of a manufacturing process. It should be treated as a loss in the period incurred because it cannot be recovered

4 0
3 years ago
Morgan Corporation purchased a depreciable asset for $600,000 on January 1, 2018. The estimated salvage value is $60,000, and th
KatRina [158]

Answer:

Annual depreciation= $165,000

Explanation:

<u>First, we need to calculate the accumulated depreciation at the end of 2020:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (600,000 - 60,000) / 9

Annual depreciation= $60,000

Three full depreciable years have passed.

Accumulated depreciation= 60,000*3= $180,000

<u>Now, the annual depreciation with the revised information:</u>

Book value= 600,000 - 180,000= $420,000

The useful life remaining is two years.

Annual depreciation= (420,000 - 90,000) / 2

Annual depreciation= $165,000

8 0
3 years ago
Materials used by Square Yard Products Inc. in producing Division 3's product are currently purchased from outside suppliers at
BabaBlast [244]

Answer:

(1) option (d) $72,000 (2) option (a)$8,000 (3) option (c)$80,000

Explanation:

Solution

Given:

Now,

(1) The total cost to be paid to the supplier outside is given below:

= 40,000 units x $5 per unit

= $200,000

The price of transfer to be paid to Division 6 is given as:

= 40,000 units x $3.20 per = $128,000

Therefore, the increase in income from operations for Division C is  = $200,000 - $128,000  = = $72,000

(2) The income increase from operations is defined below:

Additional Sales x Contribution Per Unit

Thus,

The per unit contribution = Transfer Price – Variable Cost

= $3.20 - $3 = $0.20 per unit

Hence,

The income increase from operations for Division 6  is given as:

= 40,000 units x $0.20 per unit = $8,000  

(3) Now,

The Increase of Income from operations for Division C  and the Increase in income from operations for Division 6  becomes,

= $72,000 + $8000 = $80,000

3 0
4 years ago
Cate is the daughter of a Senator and the former CEO of a Fortune 500 company. Harry grew up on a farm, tilling the land for a l
Jobisdone [24]

Answer:

They will have an Exogamous marriage.

<u>Explanation </u>

Exogamous marriage or exogamy is the custom of marrying outside a predetermined group of individuals to which an individual has a place. Additionally, blood family members, union with individuals from a particular totem, clan(s), or other groups might be prohibited. Something contrary to exogamy is endogamy. Exogamy was acquainted with averting marriage between blood relations, particularly among siblings and sisters, which had been standard in a past condition of indiscrimination.

4 0
4 years ago
For the following statement/questions match the assertion that best matches: When auditing the following accounts identify what
Sedaia [141]

Answer:

When auditing the following accounts, auditors are primarily concerned with:

   Accounts               Assertions

a. Revenue            Overstatements

b. Assets               Overstatements

c. Liabilities           Understatements

d. Expenses         Understatements

Explanation:

Auditors are generally concerned about these assertions when auditing financial statements and their related disclosures: accurate recording, completeness, cut-off, existence, rights and obligations, and valuation.  For revenue and assets, they want to ensure that these are not overstated.  Their overstatement will increase the reported profits of the entity, which is a kind of cooking the books to please analysts.  They are also interested in ensuring that liabilities and expenses are not understated for the same purpose.

3 0
3 years ago
Other questions:
  • Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real property on Eagle Creek in Meag
    12·1 answer
  • Unemployment numbers drop as more jobless Americans find positions in local businesses. Which determinant of aggregate demand ca
    15·1 answer
  • According to the law of supply, when the price of a good increase the quantity supplied is __________.
    11·1 answer
  • Bret contracts to work for City Construction Corporation (CCC) during July for $4,500. On June 30,CCC cancels the contract. Bret
    5·2 answers
  • Ted has been a fisherman all of his life. Ted realizes the risk he takes as a business whose market structure is a perfectly com
    8·1 answer
  • Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current
    6·1 answer
  • Consider that there is a weak-form of efficiency in the markets.
    15·1 answer
  • Do you think Tony should continue to use the check cashing service or should he just use direct deposit for a personal checking
    12·1 answer
  • Nations specialize in production and engage in international trade in order to Multiple Choice protect domestic consumers and pr
    14·1 answer
  • in the bottleneck analysis, the utilization for each stage cannot exceed 100%. group of answer choices true false
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!