<u>Answer: </u>Option C
<u>Explanation:</u>
Manufacturing costs are the costs which are involved in the production of the goods. It excludes the direct materials and the direct labor as these factors are not only factors of production but used for other work in the organisation.
The indirect materials used are also included in this overhead which cannot be traced easily. Some of the manufacturing costs are maintenance, repairs on production, heat light, property tax, depreciation and insurance on manufacturing facilities. These costs are also called as factory overhead and factory burden.
The answer is B :) <span>marginal utility obtained from the last dollar spent on each product is the same.</span>
Answer:
The statement in the question is true (The manufacture is trying to alleviate the financial Risk)
Explanation:
<u>Buying a product that offers a money-back guarantee or offers a warranty helps to ensure the consumers peace of mind.The Money back guarantee may allow the purchaser to get their money back in case the product does not work as expected.</u>
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<u>The Money Back Guarantee as as a guarantee that the product will perform as expected. </u>
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Answer:
a debit to Insurance Expense and a credit to Prepaid Insurance
Explanation:
The adjusting entry to record the prepaid insurance is shown below:
Insurance expense Dr XXXXX
To Prepaid insurance XXXXX
(Being the prepaid insurance account is adjusted)
For recording the adjusting entry, we debited the insurance expense and credited the prepaid insurance account so that the proper posting could be done
Correct answer choice is:
<h2>B. more government control over production.</h2><h3>Explanation:</h3>
A command economy is a regularity where the government, rather than the free market, decide what assets should be manufactured, how enormously should be manufactured and the amount at which the assets are allowed for trade. It also fixes finances and interests. The command economy is a fundamental characteristic of a communist nation.
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