Answer:
b. $105.00
Explanation:
The computation of the activity rate under the activity-based costing system is shown below:
For Activity 3,
The activity rate is
= Estimated cost ÷ Estimated activity
= $52,500 ÷ 500
= $105
We simply divided the estimated cost by the estimated activity to get the activity rate
All other information which is given is not considered. Hence, ignored it
Summer, so you'd be able to save money and also plan everything, such as where you'd stay and how long you'd stay there. etc.
Given what we know, we can confirm that capitalism encourages businesses to be more efficient to compete successfully on the price and quality of the product.
<h3>Why does capitalism encourage this competition between businesses?</h3>
- This is due to the fact that through capitalism, there are more entities offering the same service.
- This means that consumers will have to choose where to buy.
- This will be based on the price and quality of the service or product.
- Therefore, businesses are forced to compete in these areas to attract customers.
Therefore we can confirm that capitalism encourages businesses to be more efficient to compete successfully on the price and quality of the product in order to attract the limited amount of consumers for a product that is offered by many companies.
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Answer:
<em>Adjustment</em><em> </em><em>are </em><em>made </em><em>at </em><em>the </em><em>end</em><em> </em><em>of </em><em><u>every</u></em><em><u> </u></em><em><u>accounting</u></em><em><u> </u></em><em><u>period</u></em><em><u> </u></em><em><u>to </u></em><em><u>report</u></em><em><u> </u></em><em><u>revenues</u></em><em><u> </u></em><em><u>and </u></em><em><u>expenses</u></em><em><u> </u></em><em><u>in </u></em><em><u>the </u></em><em><u>proper </u></em><em><u>period</u></em><em><u> </u></em><em><u>and </u></em><em><u>assets </u></em><em><u>and </u></em><em><u>liabilities</u></em><em><u> </u></em><em><u>at </u></em><em><u>appropriate</u></em><em><u> </u></em><em><u>amounts.</u></em>
Answer:
We will be able to purchase fewer goods and services.
Explanation:
Appreciation of a currency in terms of another currency implies an increase in the worth of a currency in terms of another currency.
An appreciation in the value of peso in terms of dollars means that the worth of peso has increased in terms of dollar.
In other words, the worth of dollar in terms of peso has decreased. The value of $1,000 will decline.
So, a tourist in Mexico with $1,000 will be able to buy fewer goods an services.