Answer:
It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.
Explanation:
Answer:
B)Perpetual inventory systems require more detailed inventory records.
Explanation:
Under the <em><u>Perpetual inventory system</u></em>, every time a good is sold the cost of goods sold (COGS) needs to be determined. That is the reason the details are so important.
Many times it varies because different units in inventory were purchased at different prices and times. <em>Inflation </em>might be a factor the prices changes too.
However, in the <u><em>Periodic inventory system</em></u>, (COGS) is determined at the end of the accounting period, so the person in charge of keeping the records usually checks the <em>Inventory</em> account at the end of the year to know COGS.
<span>a narrow span of management implies that the height of the organization will be long; a wide span of management implies that the height of the organization will be short.
This is because in a narrow span of management, less people work under each manager and therefore, there will be more levels of hierarchy making the height of the organization longer and the vice versa applies.
</span>
Answer:
A deposition
Explanation:
Deposition is the term under the law of the US (United States), which is defined as it involve the taking of sworn, oral testimony in the out of court, to witness that it might reduce to a transcript which is written for the later use in the court or for the motive or the purpose of the discovery.
Therefore, a deposition is required to prepare for the trial among the companies so that the court official make a record of the questions of the attorney and the answers of the CEO.
Answer:
$20,600
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of the asset.
Depreciation is a non-cash item in the income statement as the actual cash spent for the purchase of the asset would have been capitalized in the balance sheet.
Hence the total cash disbursements budgeted for operating expenses for the month of January would not include depreciation.
Total cash disbursements budgeted for operating expenses for the month of January
= $15,000 + $12,000 + (4% × $90,000)
= $15,000 + $12,000 + $3,600
= $20,600
