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Fantom [35]
4 years ago
9

Use of activity-based costing will result in the development of:

Business
1 answer:
STALIN [3.7K]4 years ago
4 0

Answer:

Option D Multiple activity-based overhead rates.

Explanation:

The reason is that the every cost pool has its own overhead rate and this results in separate overhead rate for each cost pool. This is the reason why the activity based costing is critized for complex and time consuming method however nowadays this issue is resolved because of management accounting softwares.

So option A, B and C are incorrect because they say that activity based costing gives only one overhead rate  which is not true and is the characteristic of absorption costing.

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A binding rent-control price ceiling does not result in:
Harlamova29_29 [7]

Answer: d. Inefficiently high quality of the good being sold.

Explanation: a binding price ceiling is the legal maximum that is imposed on a good when the market clearing price is above the ceiling price. This leads to a shortage of goods in the market. Since consumers do not get all they want the ongoing price, it leads to wasted time of the consumers looking for the good, inefficiently low transaction cost and inefficient allocation of goods to the consumers.

However, it does not lead to inefficiently high quality of the good being sold. As quality of good is not linked to the price ceiling.

7 0
4 years ago
Gross national product is​ ______.
Anna11 [10]

Answer:

C. the market value of all the final goods and services produced anywhere in the world in a given time period by the factors of production supplied by the residents of that country

Explanation:

Gross National Product is an alternative way of measuring a country's wealth. In the calculation of the GNP, all goods and services produced by citizens of a country, resident internally or abroad, are considered. For example, US GNP takes into account all domestic production produced by Americans domestically plus the output of US companies abroad. In this calculation, foreign production in the national territory is not considered. For example, a Japanese company producing in the US is not accounted for in the GNP calculation, but the production of an American company in Japanese territory is considered in the calculation.

4 0
3 years ago
Assume you have 1000 shares of Microsoft, and they want to buy back their shares, would you sell your shares to them? OR you wou
kondor19780726 [428]

Answer:

no, i wouldn't

Explanation:

most likely the stock market is doing well and they want to keep the money, so thats why they'd buy them back. they want to keep the money for themselves.

6 0
3 years ago
If the balance in the account 7 months after the final deposit is $8, 000, how large is each deposit?
vampirchik [111]

Answer:

the first part of the question is missing:

Suppose that you make a sequence of 31 equal monthly deposits into an account paying a nominal rate of 6.7% convertible quarterly.

we need to determine the present value of the $8,000 at the moment that you stop making the monthly payments.

the effective annual interest rate = (1 + 6.7%/4)⁴ - 1 = 6.87%

the effective monthly interest rate = (1 + 6.87%)¹/¹² - 1 = 0.55523%

the value at the moment that you finish making the deposits = $8,000 / (1 + 0.0055523)⁷ = $7,695.86

now we can calculate the monthly payments using the future value of an annuity formula:

future value = monthly payment x FV annuity factor

monthly payment = future value / FV annuity factor

  • future value = $7,695.86
  • FV annuity factor, 31 periods, 0.55523% = 33.72594

monthly payment = $7,695.86 / 33.72594 = $228.19

3 0
3 years ago
All of the following phrases describe a partnership except
cestrela7 [59]
All of the partnership phrases describe a partnership except  B. LACK OF CONTROL FOR YOU.

A partnership is a legal form of business operation between two or more individuals who share management and profits. There are two types of partnership: general partnership and limited partnership.

<span>In a general partnership, the partners manage the company and assume responsibility for the partnership's debts and other obligations.
In a limited partnership, it has both general and limited partners. The general partners own and operate the business and assume liability for the partnership, while the limited partners serve as investors only; they have no control over the company and are not subject to the same liabilities as the general partners.</span>

3 0
3 years ago
Read 2 more answers
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