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jeka57 [31]
3 years ago
6

Which of the following should have the strongest cause and effect relationship with overhead costs? Non-value-added costs. Cost

drivers. Value-added costs. Cost followers. Units of output.
Business
1 answer:
andriy [413]3 years ago
7 0

Answer:

Cost drivers

Explanation:

Cost drivers have the strongest cause and effect relationship with overhead costs. A cost driver is the factor that is generating the change in the cost of an activity.

Cost Driver can be defined as the direct generator of an overhead cost.

Activity based costing is a costing technique that allocates overhead costs to products or services in a more logical manner than traditional accounting approaches that simply allocates cost. It is the use of cost drivers that makes activity based costing a more logical method

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Which of the following is NOT one of the main motivations and characteristics of an entrepreneur?
mojhsa [17]

Process of elimination:

Flexibility is a characteristic because entrepreneurs are designing their own path (path being vague for whatever their entrepreneurship is focused on), allowing for flexibility

Risk is a characteristic because being on your own and doing your own thing is much more unstable than simply working for a well-founded company

Innovation is a characteristic, because the flexibility that comes from being an entrepreneur allows for freedom of ones own ideas, making innovation more likely.

Profit is not a particular characteristic, due to the risk factor.

Profit is the right answer :D

6 0
3 years ago
THIS IS WORTH 100 POINTS-GIVE ME A GOOD ANSWER AND I WILL MARK YOU AS BRAINLEST Create a company, including the creation of a pr
vesna_86 [32]

Some of the steps in creating a company include:

  • Selecting a unique name.
  • Making a financial plan and creation of a budget.
  • Creation of vision and mission statement.
  • Registration of the company with the government.

The advertising for the company would have to target an audience based on either demographics or income range or on the type of jobs they do that would require them to use your product.

The use of a marketing mix which includes the price, promotion, place, product, and people would be to make the best pricing available and also be in a strategic location, meeting the demand of people's needs.

<h3>What is Advertising?</h3>

This refers to the creation of public awareness for a particular brand of products or services to get them to buy.

Read more about advertising here:
brainly.com/question/25528284

7 0
2 years ago
If the MPC = .80, all taxes are lump-sum taxes, and the equilibrium GDP is $40 billion below the full-employment GDP, the size o
Sav [38]

Answer:

recessionary gap = 8 billion

so correct option is c) $8 billion

Explanation:

given data

MPC = 0.80

GDP = $40 billion

to find out

the size of the recessionary gap

solution

we get here first Multiplier  that is

Multiplier  = \frac{1}{1-MPC}     ..................1

Multiplier  = \frac{1}{1-0.80}

Multiplier  = 5

so recessionary gap will be

recessionary gap = \frac{GDP}{5}     ................2

recessionary gap = \frac{40}{5}

recessionary gap = 8 billion

so correct option is c) $8 billion

5 0
3 years ago
At the beginning of 2018, the balance in Jackson Enterprises' Allowance for Uncollectible Accounts was $31,800. During 2018, the
Colt1911 [192]

Answer:

The answer is: Credit record to Accounts Receivable account

Explanation:

The Accounts Receivable account is an asset, usually it should be a current asset since it should be collected within a one year period. When assets increase, a debit record should be made. But in this case, the asset is decreasing since bad debts reduce the Accounts Receivable account. When an asset decreases, a credit record should be made.

6 0
3 years ago
On January 1, 20Y8, Crabb &amp; Co. sold land to ASP, Inc. and accepted a two-year, $500,000 face value note as payment. 6% inte
jeka94

Answer:

1. Discount

2. $449,298.47

3. $369,298.47 gain

4. land reduces by $80,000, investment increases by $449,298.47, reserves increases by $369,298.47

Explanation:

Question 1

Using the formula below

Price=\frac{I_{1}}{1+r} +\frac{I_{2}+F}{(1+r)^{2}}

where

I = interest rate, which is 6% of 500,000 = 30,000

F = Face value, 500,000

r = borrowing cost = 12%

Therefore, the price of the note at the time it was used for payment was

Price=\frac{30,000}{1.12} +\frac{30,000+500,000}{(1.12)^{2}}

= $449,298.47.

As the price is lower than the face value of the note, the note was issued at a discount.

Question 2

The fair market value of the note is $449,298.47, the compute price in question 1.

Question 3

The gain/loss on the sale of the land

= sale price - purchase price

= $449,298.47 - 80,000

= $369,298.47.

Question 4

The transaction would affect Crabb & Co's balance sheet as follows.

<em>Asset side:</em>

land reduces by $80,000

investment increases by $449,298.47

<em>Equity & liabilities side:</em>

reserves increases by $369,298.47

3 0
3 years ago
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