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3 years ago

Select the correct answer from each drop-down menu.

Business

1 answer:

Troyanec [42]3 years ago

7 0

Answer:

Many industries are taking measures to reduce the use of Carbon depleting substances and are turning to Renewable energy sources though they may seem expensive.

This is the environmental goal to allign with. Reduce carbon emisions or the carbon footprint and try to use renewable resources.

You might be interested in

Markets can be missing for a variety of reasons:

Tpy6a [65]

Answer:

a. lack of technology that would make the exchanges possible
d. lack of accurate information or communication between potential buyers and sellers

Explanation:

A missing market is one that is a competitive market and allows for the exchange of commodities but does exist in reality. A classical example is of the externalities of the pollution and can be also due to the coordinated failures that prevent the market form the formation and another barrier is the technology and failure of the information and the trust.

3 0

3 years ago

1) Explain the following terms used in trading account cross profit, Gross loss carriage

LuckyWell [14K]

Cross Profit :

The profit a company makes after deducting all costs associated with creating and selling its products or services is known as gross profit. By subtracting the cost of goods sold (COGS) from total sales, you may compute gross profit.

Gross Loss Carriage :

the entire sum of a company's losses from various operations in a given period, even if some of these activities are profitable: The corporation announced a second-quarter gross loss of $17.15 billion today.

4 0

2 years ago

Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun

marusya05 [52]

Answer:

(a) $54796 (b) $58,800 (c) $ 15100 (d) $117916 (e) $ 352916 (f) $ 374216

(g) $326316 (h) $ 82824.18 (i) $ 64276.82 (j) $234500 (k) $1900

Explanation:

The calculations are as follows.

Case A Case B Case C

Direct materials used $ (a) 54796 $91,200 $69,000

Direct labor 52,200 143,800 (h) 82824.18

Manufacturing overhead applied 42,804 (d)117916 (i)64276.82

Total manufacturing costs 149,800 (e) 352916 216,100

Working

The following formula is used to find the missing values :

Total MFG Cost= DM + DL+ MFG OH

a) 149800- 42804-52200= 54796

d) Ratio of MfgOH to DL= 42,804/52,200= 0.82

Mfg Overhead for Case 2= 0.82* 143,800= 117916

e) 91,200+ 143,800+ 117916= 352916

h+i) Conversion Costs for Case 3= 216100-69000=147100

Mfg OH is 82% of DL

Total Conversion Cost will be 1.82

1.82x= 147100

x= 147100/1.82

x= 82,824.18

h)DL= 82824.18

i) MFG OH= CC- DL= 147100- 82824.18= 64276.82

Work in process 1/1/14 (b) 58,800 21,300 18,400

Total cost of work in process 208,600 (f) 374216 (j)234500

Working

The following formula is used to find the missing values

Total WIP Cost- Total MFG Cost= Opening WIP

b)Total WIP Cost- Total MFG Cost= 208600-149800= 58,800

f) Total MFG Cost+ WIP= 352916 + 21,300 =374216

j) Total MFG Cost+ WIP=216,100 + 18,400= 234500

Work in process 12/31/14 (c) 15100 11,900 (k)1900

Cost of goods manufactured 193,500 (g) 326316 232,600

Working

The following formula is used to find the missing values

Total WIP-CGS= Ending WIP

c) Total WIP-CGS= 208600-193500 = 15100

g) Total WIP- Ending WIP= 374216- 11,900 = 326316

k) Total WIP-CGS=234500- 232,600 = 1900

After filling in the blanks:

Case A Case B Case C

Direct materials used $ (a) 54796 $91,200 $69,000

Direct labor 52,200 143,800 (h) 82824.18

Manufacturing overhead applied 42,804 (d)117916 (i)64276.82

Total manufacturing costs 149,800 (e) 352916 216,100

Work in process 1/1/14 (b) 58,800 21,300 18,400

Total cost of work in process 208,600 (f) 374216 (j)234500

Work in process 12/31/14 (c) 15100 11,900 (k)1900

Cost of goods manufactured 193,500 (g) 326316 232,600

6 0

3 years ago

when perfectly comepetitive firm x sells three units of productz, its marginal revenue is 4.67. when it sells one hundred units,

nadezda [96]

We can estimate that the cost is $4.67. The marginal revenue of perfectly competitive firm x is 4.67 when it sells three units of goods. The marginal revenue is 4.67 when it sells 100 units.

The income gain brought on by the sale of one additional unit of output is known as marginal revenue. The law of diminishing returns dictates that marginal revenue will eventually start to decline as output level firm grows, even though it can remain constant above a given threshold of output. According to economic theory, perfectly competitive businesses continue to produce goods and services until marginal revenue and marginal cost are equal.

We know that, for a perfectly competitive firm, the marginal revenue (MR) is equal to the price (P)

That is, P = MR

A) Output = three units

Here, for a perfectly competitive firm X, when it sells three units of product Z, its marginal revenue (MR) is $4.67.

So, when it sells three units, the price (P) of product Z is = $ 4.67 ( As, for a competitive firm, P = MR )

B) Output = hundred units

Now, for a perfectly competitive firm X, when it sells a hundred units of firm product Z, its marginal revenue (MR) is $4.67.

( As, for a competitive firm, the marginal revenue and price stay the same irrespective of the level of output )

Similarly, when it sells a hundred units of product Z, the price (P) will be = $ 4.67 [ As, P = MR ]

So, we can conclude that the price is: $ 4.67

Learn more about marginal revenue here

brainly.com/question/13383966

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6 0

1 year ago

In 2007, Terry Inc. provided the following items in their footnotes. Their cost of goods sold was $22 billion under FIFO costing

nikdorinn [45]

Answer:

$22.2 billion

Explanation:

Calculation to determine How much would they report as LIFO cost of goods sold

Cost of goods sold=$22 billion + ($0.8 billion $0.6 billion)

Cost of goods sold=$22 billion + $0.2 billion

Cost of goods sold= $22.2 billion

Therefore How much would they report as LIFO cost of goods sold would be $22.2 billion

7 0

3 years ago