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Artist 52 [7]
4 years ago
15

When considering whether to have a new roof installed on a building, the money spent previously on roof repairs to the old roof

is information that is relevant to the business decision.
a. True
b. False
Business
1 answer:
Whitepunk [10]4 years ago
3 0

Answer: b. False

Explanation:

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When would a productions possibilities frontier graph be used?
Romashka [77]

Answer: A productions possibility frontier is a curve which <u>shows various combinations of set of two goods</u> which can <u>be produced with the given resources and technology</u> where the <u>given resources are fully and efficiently utilised per unit time. </u>

6 0
4 years ago
_____ 2. The Cost of Goods Manufactured represents: A. the amount of cost charged to jobs during the period. B. the amount of co
andre [41]

Answer:

C. the amount of cost placed into production during the period.

Explanation:

The Cost of Goods Manufactured comprehends all direct materials, direct labor, and factory overhead incurred during the period. Adding the beginning work in process inventory and deducting the ending work in process Inventory.

Formula: COGM

  Direct Materials Used  (Beggining Iinventory + Purchases  - Ending Inventory)

+ Direct Labor Used  

+ Manufacturing Overhead

+ Beginning Work in Process (WIP) Inventory

- Ending Work in Process (WIP) Inventory

7 0
3 years ago
Describe the primary users of financial statements according to the conceptual framework.
zalisa [80]

Answer: Organisations such as IASB and FASB

Explanation: Conceptual framework refers to the system that helps the organisations such IASB and FASB to create rules and standards for financial reporting, that will eventually help the users of financial statements.

This framework consists of ideas and objectives for the above mentioned boards.

Thus, the conceptual framework serves authorities such as IASB and FASB.

7 0
3 years ago
Daniel derives utility from only two goods, cake (Qc) and donuts (Qd). The marginal utility that Daniel receives from cake (MUc)
Agata [3.3K]

Answer:

240= 3Qc + 3Qd  

Explanation:

The computation of the Daniel's budget constraint is shown below;

Given that

Daniel's income= $240

Price of cake (Pc) =$3

Price of donuts (Pd) =$3

So spending on cake = 3Qc

And,

Spending on donut= 3Qd

Finally

Total spending = 3Qc + 3Qd

Now the equation of budget constraint is

Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)

So,  

Income= Qc Pc+ Qd Pd

240= 3Qc + 3Qd  

4 0
3 years ago
In 2008, Upper Crust had cash flows from investing activities of ($250,000) and cash flows from financing activities of ($150,00
soldier1979 [14.2K]

Answer:

$415,000

Explanation:

The movement between the opening and closing cash balances is as a result of the net cash flows from the operating, investing and financing activities. This are the basic elements of a cash flow statement.

Let the cash flow from operations for 2008 be T

$90,000 + T - $250,000 - $150,000 = $105,000

T = $105,000 + $250,000 + $150,000 - $90,000

T = $415,000

Upper Crust's cash flow from operations for 2008 is $415,000

3 0
4 years ago
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