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3 years ago

Examining production quantities and consumers’ willingness to buy are aspects of __________.

1 answer:

3 0

Examining production quantities and consumers' willingness to buy are aspects of the "Supply and Demand". Examining production quantities refers to the supply of the product or an item. In supply, it influences by the production of the resources of the product. The consumers' willingness to buy is referred to the demand of the product. In demand, it influenced by the needs and wants of the market.

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Governments may create to discourage companies from producing negative externalities.

denpristay [2]

By removing them i believe

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4 years ago

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Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2018. In October 2018, Rick Co.'s Board of Direc

Llana [10]

Answer and Explanation:

The journal entry to record the given transaction is as follows

Retained earning Dr (0.30 million × $54) $16.2 million

To Common stock (0.30 million × $1) $0.3 million

To Additional paid in capital in excess of par (0.30 million × $53) $15.9 million

(Being the stock dividend is declared)

The computation of the shares after declaring the dividend is

= 30 million × 1%

= 0.30 million

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3 years ago

In a slow year, Deutsche Burgers will produce 2.8 million hamburgers at a total cost of $3.4 million. In a good year, it can pro

lorasvet [3.4K]

Answer:

the fixed cost is $1.72 million

Explanation:

The computation of the fixed cost is shown below:

= Total cost - variable cost

= $3.4 million - ($4.6 million - $3.4 million) ÷ $3.4 million - $.1.2 million ÷ $2 million

= $3.4 million - 2.8 million × $0.60 million

= $1.72 million

Hence, the fixed cost is $1.72 million

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3 years ago

The cost object(s) of the departmental overhead rate method is: Multiple Choice The unit of product. The production departments

Paraphin [41]

Answer:

The production departments in the first stage and the unit of product in the second stage.

Explanation:

The cost object under the department overhead rate used to allocate the cost based on the cost drivers.

In this departmental overhead rate method, first the overhead is allocated in the first department after that in the second stage the unit of product is done

so that the proper sequencing could be done and actual value could come

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4 years ago

The owner of a business invested $5,000 in the business. what are the effects on the fundamental accounting equation?

Bezzdna [24]

The owner of a business invested $5,000 in the business. Total assets and liabilities increase on the fundamental accounting equation.

<h3>What are assets ?</h3>

Financial accounting classifies as an asset any resource that a business or other economic organization owns or manages. Anything that has the potential to provide positive economic value qualifies. The ownership value that can be turned into cash is represented by assets.

<h3>What are liability ?</h3>

A liability is defined in financial accounting as the future economic advantages that an entity must forgo for other entities as a result of previous transactions or other previous events.

<h3>Difference between asset and liability </h3>

Any possessions that could possibly result in future financial gain are considered a company's assets. Your debts to other people are called liabilities.

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2 years ago