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lions [1.4K]
3 years ago
6

A manufacturer develops bud­gets for the direct materials, direct labor, and overhead that will be required in the produc­tion p

rocess from which of the following? The sales budget. The budget for merchandise purchases. The selling and administrative expenses budget. The cash budget. The production budget.
Business
1 answer:
monitta3 years ago
5 0

Answer:

The production budget.

Explanation:

The production budget determines how many units are to be produced during a particular period. It also focuses on how many cost is incurred. The cost could be direct material, direct labor, and manufacturing overhead.  

These three cost is known as manufacturing overhead cost. These costs are required for processing the product so that the company could know about how much cost is an expense and how much units are to be produced till yet.

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tino4ka555 [31]

<u>Answer:</u>

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3 0
3 years ago
. In a perfectly competitive market, the demand curve facing each individual seller is assumed to be ... a) perfectly inelastic
bagirrra123 [75]

Answer:

e) perfectly elastic

Explanation:

Elasticity is a measure of the sensitivity of demand to the price of a product. If demand is elastic, bidders should avoid raising prices as demand decreases considerably. Conversely, when demand is inelastic, consumers are less sensitive to price changes. When demand is perfectly elastic, this means that a slight increase in the price of a good will cause all demand to flow to a competing supplier. This is observed in competitive markets where providers provide the same type of good for the market price. If one of them raises the price, he loses all of his market share. This is because consumers are rational and will buy the product that is offered at the lowest possible price.

8 0
3 years ago
A company settles a long-term note payable plus interest by paying $68,000 cash toward the principal amount and Page 565 $5,440
Juli2301 [7.4K]

Answer:

$68,000

Explanation:

The long-term note payable is a debt that is formally established through a written agreement. An example of long-term note payable is a bank loan.

When the principal and the interests of a long-term note are paid, they represent Cash outflows from the business and are recorded in the Cashflow Statement. However, their treatments are different. Another way to put it is that they bring a reduction in the cash of the organisation.

The $68,000 principal amount paid is an outflow from the company that is recorded in the financing activity section of the Cash Flow Statement

The Interest of $5,440 is also an outflow from the business but it is reported in the operating activity section of the Cash Flow Statement. The reason for its report is that it is actually reported in the Organisation's Statement of Income as an expense for the year. It, therefore, qualifies as an operating activity expense or outflow.

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3 years ago
Which of the following situations might convince an employer to choose a nonqualified retirement plan over a qualified profit-sh
Vinil7 [7]

Answer:

All the options might convince to an employer to choose a nonqualified retirement plan over a quialified plan.

en A). the owner of the corporation would use a nonqualified plan because the income tax rate of the business is lower than the owner´s tax rate.  

B) Is a true statement.  as nonqualified plans are typycally only stablised to benefit the executive and there are no requirements to benefit thr rank and file

C)

would cause an employer to choose a nonqualified plan because a nonqualified plan requires less administrative costs than a profit sharing plan

7 0
3 years ago
The skills, knowledge, and experience of an individual or group and its value to an organization refers to _____.
kirill [66]

Answer:

Human capital

refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees

8 0
2 years ago
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