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2 years ago

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When units are moved from one processing department to the next, the cost associated with those units must also be moved from o

ne WIP account to the next. What are these costs called?

1 answer:

KonstantinChe [14]2 years ago

7 0

These costs called as Transferred costs.

<h3><u>Explanation:</u></h3>

The costs that are accumulated during the time of upstream production process in a firm refers to Transferred costs. These are associated with the goods that are transferred to the next department of a business from one department. With this product there will be a continuation of the production process.

These are semi finished goods that are transferred for the purpose of continuing the production process. When these units are moved form the processing department to the next department, these transferred cost will be transferred from one work in process account to the next account.

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Where could student researchers and/or student subjects find additional resources regarding the IRB approval process? (There may

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Answer:

Faculty advisor/Research Mentor

IRB office

Explanation:

The primary purpose of the IRB is to protect the rights and welfare of human subjects involved in research activities being conducted under its authority.

IRB approval is required before you start your research.

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3 years ago

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In an initial survey designed to estimate the percentage of time air-express cargo loaders are idle, an analyst found that loade

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Answer:

13.3%

Explanation:

The time in which the employee are free or not working due to halt in operation or a process. The employee are ready for work in this time and waiting for operation to start.

According to the given data

Total observations = 45 observations

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Estimated percentage of idle time = (6 / 45) x 100

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3 years ago

Sarah is paid minimum wage as a fast food worker. although she has enough money for food, clothing, and shelter, her wage is sig

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Sarah can best be labeled as living in <u>"relative"</u> poverty.

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2 years ago

If Cassandra bought 16 cotton blouses last year when her income was $40,000 and she buys 14 cotton blouses this year when her in

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2 years ago

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Linda loves buying shoes and going out to dance. Her utility function for pairs of shoes, S, and the number of times she goes d

padilas [110]

Answer:

See Explanation

Explanation:

Given

$U(S,T) = 2ST$

$M_U_S =2T$

$M_U_T=2S$

The following details are omitted from the question

$P_S= \$50$ --- Price of the Shoes

$P_T = \$50$ --- Spent on dancing

$B = \$500$ --- Budget on shoe and dancing

Solving (a): Her budget line

First, we determine her budget equation (B).

This is calculated by:

$B = P_S * S + P_T *T$

This gives:

$500 = 50 * S + 50 * T$

$500 = 50 S + 50 T$

Divide through by 50

$10 =S + T$

$S + T = 10$ --- The budget equation

<em>See attachment for the budget line equation</em>

Solving (a): Optimal Consumption Bundle Point

First, we determine the marginal rate of substitution (MRS) using:

$MRS = \frac{MU_s}{MU_t} = 1$

$MRS = \frac{2S}{2T} =1$

This implies that:

$\frac{2S}{2T} = 1$

Cross Multiply

$2S = 2T * 1$

$2S = 2T$

Divide by 2

$S = T$

Substitute T for S in the budget equation

$T + T= 10$

$2T = 10$

$T=5$

Recall that:

$S = T$

$S = 5$

So, the point if optimal consumption bundle is (5,5)

<em>See attachment for point R</em>

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2 years ago