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kifflom [539]
2 years ago
13

Under variable costing, which of the following costs would be included in finished goods inventory? a.salary of vice president o

f finance b.salary of salesperson c.straight-line depreciation on factory equipment d.wages of carpenters in a furniture factory
Business
1 answer:
e-lub [12.9K]2 years ago
3 0

Answer:

d.wages of carpenters in a furniture factory

Explanation:

Under variable cost, the following cost is needed to be covered

1. Direct material  

2. Direct labor

3. Staff wages  

4. Freight out charges

5. Commission etc.

The salary of vice president, salesperson and the depreciation on factory equipment would not be considered as a variable cost because they covered under the fixed cost

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The government wants to make Medicare benefits available to more people, but to achieve this goal, it needs to make cuts in the
ArbitrLikvidat [17]

Answer:

A. elective surgery due to its lower marginal utility per dollar of expenditure.

Explanation:

As there is non essential elective surgeries, as from government's point of view since it is non essential that is not required and not utilized by major citizens of the country, and since there is requirement of budget cut-down. The government shall remove elective surgery.

as the amount of expenditure involved in these surgeries is also high and the resulting utility for each surgery is really low, it shall be removed.

5 0
3 years ago
A broker moves his office without telling the FREC where he is moving. Two weeks later, a seller comes in and lists his property
FrozenT [24]

Answer:

Yes

Explanation:

In this specific scenario, it can be said that Yes the seller can refuse to pay the broker a commission. This is because the broker's license ceases to be in force when the broker changes his address without notifying the FREC within 10 days. Therefore, since the broker moved and did not notify the FREC where he moved to, and did not register his new address then the seller is within his rights to refuse payment to the broker.

7 0
2 years ago
Assume that the supply curve for corn is upward-sloping. in the market for corn, a primary input in the production of ethanol, t
Mashutka [201]
............... total surplus INCREASES when the price of ethanol increases. When the supply curve for a product is upward sloping, it indicates that more of that product is been produced. Thus, in the question given more of corn is been produced, if the price of ethanol increases, then total surplus will also increase. Total surplus is the summation of the consumer and producer surplus. 
5 0
3 years ago
12. Market efficiency and perfect price discrimination Perfect price discrimination is efficient because it converts what would
Nady [450]

Market efficiency is achieved with perfect price discrimination because what would have been dead-weight loss is converted into consumer and producer surplus through perfect price discrimination.

For the market, efficiency is achieved because the dead-weight loss is converted into producer and consumer surpluses, with enormous benefits to the society.

Thus, perfect price discrimination achieves allocation efficiency for both the producer and the consumer (or the society as a whole).

Learn more about market efficiency and price discrimination here: brainly.com/question/10234084

6 0
2 years ago
Read 2 more answers
Consider a multifactor model with two factors. A well-diversified portfolio (Portfolio P) has a beta of 0.75 on factor 1 and a b
PolarNik [594]

Answer: 16.5%

Explanation:

Expected Return on portfolio P will be calculated as:

= Rf + (Beta1 × F1) + (Beta2 × F2)

where,

Rf = Risk Free rate

F1 = risk premium on Factor1

F2 = risk premium on Factor2

Expected Return will now be:

= 7% + (0.75 × 1%) + (1.25 × 7%)

= 7% + 0.75% + 8.75%

= 16.5%

The expected return on portfolio P, according to a two-factor model will be 16.5%.

8 0
3 years ago
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