In the price range where demand is inelastic, a decrease in price will result in a decrease in total revenue. True or False?

A six-month moving average forecast is generally better than a three-month moving average forecast if demand: Group of answer ch

Lostsunrise [7]

A six-month moving average forecast is generally better than a three-month moving average forecast if demand: is rather stable.

<h3>What is stable demand?</h3>

This is the type of demands that occurs where by there is no change in the demand over a period of time.

The stable demand is known to have the same shape or remain the same way for a period of time.

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6 0

1 year ago

The recording of business transactions is a basic part of financial reporting and is referred to as:.

Karo-lina-s [1.5K]

The recording of business transactions is a basic and fundamental component of financial reporting and is known as<u> bookkeeping.</u>

<h3>What is Bookkeeping?</h3>

Bookkeeping is the process of recording financial transactions. It entails preparing reference papers for all company transactions, activities, and other occurrences.

The primary goal of bookkeeping is to maintain a comprehensive and precise record of all operations and transactions in a methodical, ordered, and logical way. This guarantees that the financial consequences of these activities are accounted for in the accounting books.

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4 0

2 years ago

Direct labor on the February cost of production report (weighted-average method) revealed a cost per equivalent unit of $0.30. T

aleksandrvk [35]

Answer:

Kindly find the complete questions attached.

a) 325,000 units were transferred to finished goods

direct materials 171,053

direct labor 85,526

factor overhead 68,421

(b) February's equivalent units of production was 445,000 units :

direct materials 234,211

direct labor 117,105

factor overhead 93,684

(c) the cost of direct material introduced into production during February was $234,211

(d) The cost of direct labor introduced into production in February was $35,132

(e) The factory overhead application rate was 80% of Direct Labor

(f ) Of the total cost (beginning inventory plus additional production cost), allocation to

ending work in process is 120,000 units costing $80,211

(g) Of the total cost (beginning inventory plus additional production cost), transfer to finished goods inventory is $217,237

(h) February's gross profit is $373,363

Please review the attached for detailed workings and presentation of the answers

6 0

3 years ago

Misk Co. purchased the following securities during 2018 to be classified as held-to-maturity securities, trading securities, or

shtirl [24]

Answer:

C. III only

Explanation:

Option III states An investment in stock that Misk does not intend to sell in the near future. Which of above securities purchased by Misk should be classified as available-for-sale securities?

The choice of this option alone is based on the reasoning that Available for Sale (AFS) Securities are usually presented based on their fair values. As such an increase in investment will be needed when the Fair value exceeds is more than the cost of the securities.

The other effect of the transaction of Misk Co is that it will lead to an increase in other comprehensive income.

4 0

3 years ago

On January 1, 2021, Adams-Meneke Corporation granted 25 million incentive stock options to division managers, each permitting ho

Olegator [25]

Answer:

Required Solution

Explanation:

6 0

3 years ago