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Marizza181 [45]
3 years ago
11

Use the following two statements to answer this question:

Business
1 answer:
s344n2d4d5 [400]3 years ago
7 0

Answer:

(D) I is true, and II is false

Explanation:

Increasing returns to scale means that during a production process, as input increases, output increases but by a larger proportion.

Economies of scale refers to the decrease in average cost per unit as a firm increases its output.

The increase in output brought about by increasing returns to scale causes cost per unit to decrease (which is economies of scale).

Therefore increasing returns to scale causes economies of scale.

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Great Lake Glassware Company issues $ 1 comma 197 comma 000 of its 12​%, 10minusyear bonds at 95 on February​ 28, 2018. The bond
Wewaii [24]

Answer:

Dr interest expense 74,812.50

    Cr Cash 71,820

    Cr Discount on bonds payable 2,992.50

Explanation:

the cash interest payments = principal x coupon rate x 1/2 (semiannual) =$1,197,000 x 12% x 0.5 = $71,820

since the bonds were sold at a discount, we must add the discount amortization = [($1,197,000 x 5%) / 10 years] x 1/2 = $5,985 x 0.5 = $2,992.50

total interest expense = $71,820 + $2,992.50 = $74,812.50

So the journal entry should be:

Dr interest expense 74,812.50

    Cr Cash 71,820

    Cr Discount on bonds payable 2,992.50

5 0
3 years ago
Tom lives in an apartment where he pays $8,000 a year in rent. Sarah lives in a house that could be rented for $10,000 a year. H
Misha Larkins [42]

Answer:

these housing services contribute to GDP =   $18000

Explanation:

given data

Tom pay rent = $8000

Sarah house  rented = $10,000

solution

housing services contribute to GDP is express as

housing services contribute to GDP = Tom pay rent + Sarah house rented ............1

As GDP include both rent and estimate rent owner occupy home

put here value in equation 1 we get

housing services contribute to GDP =  $8000 + $10000

housing services contribute to GDP =   $18000

5 0
3 years ago
The direct labor standards for a particular product are 4 hours of direct labor at $12.00 per direct labor-hour = $48.00. During
Firlakuza [10]

Answer:

B) $ 1,614

Explanation:

Given the information

  • Actual:

Production= 3,350 units

Direct labor cost= $159,786

Direct labor hours= 13,450

=> rate per hour = $159,786 / 13,450 = $11.88

  • Standard

4 direct labor-hours for 1 unit

$12.00 per direct labor-hour

Budgeted production : 3,350 + 150 = 3500 units

=> The labor rate variance for the month was:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

= ($12.00 - $11.88 )*13,450

= 1614

We choose B

7 0
3 years ago
Which of the following BEST describes the process of appointing a federal judge?
suter [353]

Answer:

C

Explanation:

The president appoints a nominee to a judgeship, and then the Senate confirms the nominee.

4 0
2 years ago
Read 2 more answers
Janice Coleman is a team leader at Jackson Equipment. She has been promoted several times over the past five years and her perfo
maks197457 [2]

Answer:

B

Explanation:

Janice Coleman is a team leader at Jackson Equipment. She has been promoted several times over the past five years and her performance evaluations are outstanding. One of the vice presidents at Jackson has been very friendly to Janice and has served as her mentor. He has also been asking her to go out with him for the past 2 years. She has declined and the vice president has recently suggested that she could be an area supervisor if he became her advocate with the management team. He has indicated he would be willing to do so if they began a personal relationship. Janice does not agree to the relationship and is promoted to area supervisor. Janice has filed a complaint of sexual harassment with the EEOC. Janice has a case for atmosphere of harassment.

Even though Janice got the promotion the vice president created an atmosphere of harrasment by trying to give her a promotion with a condition. His intentiins is what matters here as well as giving her a condition for a promotion even though she eventually got the position. He stirred up the atmosphere for harrasment.

3 0
3 years ago
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