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Kay [80]
4 years ago
11

Which transactions are typically accounted for by using the relative sales value method to calculate unit purchase cost?

Business
1 answer:
mestny [16]4 years ago
4 0

Answer:

Basket purchases.

Explanation:

Basket purchases is a term used for buying multiple fixed assets. It is bought as the price for basket purchases is lower than the price for individual asset. The transactions in the basket purchases are accounted for by using the relative sales value method to calculate unit purchase cost. It is calculated by dividing each sales value of product by the total sales value of all the product.

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Look Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using
LiRa [457]

Answer:

I'm figuring this out for you!

Explanation:

6 0
3 years ago
Simone is a 26-year-old who lost her job as a copy editor for a local newspaper. She has spent the past few weeks out of work an
AlekseyPX

Answer:

Simone will be considered unemployed.

Explanation:

Simone is 26 years old, this means that she is in the adult population. She used to work as a copy editor for a newspaper. She has lost her job and is actively looking for work. She will be considered an unemployed person and will be included in the labor force.  

Those workers who do not have a job currently but are actively looking for one are considered unemployed. Those who are without jobs but are not actively looking for one are considered discouraged workers and are not included in the labor force. The labor force includes only employed and unemployed workers.

5 0
4 years ago
Mention three reasons for depreciation​
miskamm [114]
<h2><em>Answer:</em></h2><h2><em>The causes of depreciation are: </em></h2><h2><em>Wear and tear:Any asset will gradually break down over a certain usage period, as parts wear out and need to be replaced. ... </em></h2><h2><em>Perishability: Some assets have an extremely short life span. ... </em></h2><h2><em>Usage rights</em></h2><h2><em>Natural resource usage </em></h2><h2><em>Inefficiency/obsolescence</em></h2><h2><em>ECT</em></h2>

Explanation:

5 0
3 years ago
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 a
iren2701 [21]

Answer:

In the question, we are not given information with respect to sales costs, so we can only find total gross sales:

Sales Budget fist 2 quarters of the year

Product  Sales Price  Sales Q1 Sales Q2  Total gross sales

XQ-103     $14             22,590    27,710      $704,200

XQ-104     $27             14,880    16,200      $839,160

                                                                     $1,53,360

4 0
3 years ago
The price elasticity of supply is affected by
valentina_108 [34]

Answer:

B. the passage of time. 

Explanation:

Price elasticity of supply measures how sensitive quantity supplied are to changes in price.

Price elasticity of supply is determined by the passage of time.

Typically, in the short run, the elasticity of supply is usually inelastic. Prices do not usually impact quantity supplied because in the short run, some of the factors of production are fixed. But in the long run, the price elasticity of supply are more elastic.

The other factors listed above in the options affect the price elasticity of demand.

4 0
3 years ago
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