What is plan procurements?

Suppose the hot sauce firm cannot reduce the externality without reducing costs. What is a possible next step the government cou

Makovka662 [10]

Create a limit on the maximum no. of bottles the firm can make,

The required details about externality is mentioned in below paragraph.

<h3>How Do Externalities Work?</h3>

An externality is a cost or benefit a producer generates but does not personally bear or receive. An externality can result from the creation or consumption of a good or service and can be both positive and negative.

Externalities happen when creating or consuming a good has an effect on parties who are not involved in the transaction directly. Externalities can be either good or bad. They can result from either production or consumption as well. For instance, simply entering a city center will increase the pollution and traffic for individuals who live there.

to learn about externality here-

brainly.com/question/24258985

#SPJ4

8 0

1 year ago

A costing method that first assigns costs to activities and then assigns them to products based on the products' consumption of

Makovka662 [10]

Answer: Activity based cost accounting

Explanation:

The activity based cost accounting is the one of the type of accounting method in an organization that assigned various types of objects for allocating indirectly the overall cost of the products in the department as compared to the conventional costing.

According to the given question, the activity based cost accounting is firstly assigning the cost to each activity and then assigning the products based in the consumption for different types of activities in production processing.

Therefore, Activity based cost accounting is the correct answer.

7 0

2 years ago

A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori

Mandarinka [93]

Answer:

17%

Explanation:

If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%

The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.

Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.

8 0

2 years ago

Read 2 more answers

Evaluate Mark’s conduct using the Six Pillars of Character. Did Mark violate any rules in the AICPA Code? Should he be permanent

Schach [20]

Answer:

There are 3 cases

The First case

In this case, the six pillars of the ethical reasoning and characters are caring, responsibility, trustworthiness, citizenship, respect and fairness. Caring pillar requires making decision while taking other people into consideration. It requires the decision made to be kind and compassionate. At the time of making ethical decision it should be kept in mind that less harm should be caused. Responsibility pillar helps an individual to analyze that all the actions have some or the other consequences.

Explanation:

See attached images for the other two cases

8 0

3 years ago

A company has two products: standard and deluxe. The company expects to produce 36,375 standard units and 62,240 deluxe units. I

Scrat [10]

Answer:

A1 = $12 A2 = $9.20 A3 = $1.50
Total Overhead for Standart Product $267.16
Total Overhead for Deluxe Product $163.48

Explanation:

First we will Calculate the rates:

This is done by adding the two product activity use to get the total cost driver.

Then we divide by the activity cost to get the rate:

$\left[\begin{array}{cccc}activity&cost&driver&rate\\1&93,000&7,750&12\\2&92,000&10,000&9,2\\3&8,700&5,800&1,5\\\end{array}\right]$

Next we check the overhead per unit:

units/ activity use x rate = overhead for activity

<em>Standart Product Manufacturing Overhead</em>

36,375units /2,500 Use Activity 1 x $12 = $174.60

36,375units /4,500 Use Activity 2 x $9.20 = $74.37

36,375units /3,000 Use Activity 3 x $1.50= $18.19

Total Overhead for Standart Product $267.16

<em>Deluxe Product Manufacturing Overhead</em>

62,240units /5,250 Use Activity 1 x $12 = $83,14

62,240units /5,500 Use Activity 2 x $9.20 = $60,85

62,240units /2,800 Use Activity 3 x $1.50= $19,49

Total Overhead for Deluxe Product $163.48

7 0

3 years ago