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3 years ago

Select the suitable concept to match the appropriate definition.

Business

1 answer:

Diano4ka-milaya [45]3 years ago

5 0

Answer:

1.Sacrifice of resources. (A) Cost

2.Cost that cannot be directly related to a cost object. (F) Indirect Cost

3.Cost that varies with the volume of activity. (K) Variable Cost

4.Cost used to compute inventory value according to GAAP. (E) Full absorption Cost

5.Cost charged against revenue in a particular accounting period. (C) Expense

6.Cost that can be directly related to a cost object. (B) Direct Cost

7.Past, present, or near-future cash flow. (H) Outlay Cost

8.Lost benefit from the best forgone alternative. (G) Opportunity Cost

9.Cost that can more easily be attributed to time intervals. (I) Period Cost

10.Cost that does not vary with the volume of activity. D) Fixed Cost

11.Cost that is part of inventory. (J) Product Cost

Explanation:

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There are simultaneous changes in the demand for and supply of tablet devices, with the consequences being an unambiguous decre

lord [1]

Answer: c. Demand decreases and supply decreases.

Explanation:

When demand for tablets decrease, the demand curve shifts to the right. The price and quantity declines. At the same time, when supply also falls, the supply curve shifts to the left leading to an increase in price and a fall in quantity.

Since, decrease in demand and supply have opposite effect on the price there is no change in the price of tablets.

Both the forces work towards reducing quantity to quantity will fall unambiguously.

Thus, the correct option is c, Demand decreases and supply decreases.

3 0

3 years ago

Fiscal policy would be more effective if: a. crowding out occurred more often. b. the government could change taxes and expendit

Elodia [21]

Answer:

B) the government could change taxes and expenditures rapidly.

Explanation:

Fiscal policy is the government's spending and taxation policies carried out to influence the country's economy. The government can carry out an expansionary fiscal policy by reducing taxes or increasing spending to try to boost the economy, or it can carry out a contractionary fiscal policy that increases taxes and reduces spending to try to cool down the economy.

Expansionary fiscal policies are carried out to try to increase total aggregate demand, but it also increases the government's deficit and national debt. The main gals of fiscal policy should be to lower unemployment rate and achieve a sustainable economic growth.

4 0

3 years ago

Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 4% of credit sales will

OverLord2011 [107]

Answer:

$3760

Explanation:

Calculation to determine the December 31 balance in Bad Debt Expense

Using this formula

Bad debt expense = Credit sales × Uncollectible percentage

Let plug in the formula

Bad debt expense= $94,000 × 4%

Bad debt expense= $94,000 × 0.04

Bad debt expense= $3760

Therefore the December 31 balance in Bad Debt Expense will be $3760

8 0

3 years ago

You want to construct a portfolio containing equal amounts of U.S. Treasury bills and two stocks. If the beta of the first stock

Tasya [4]

Answer:

the beta of the second stock is 1.77

Explanation:

The beta of the second stock is shown below;

Investment in each = (1 ÷ 3)

Now as we know that

Portfolio beta = Respective investments × Respective weights

1 = (1 ÷ 3 × 1.23) + (1 ÷ 3 × beta of the second stock) + (1 ÷ 3 × 0)

We assume the Beta of risk-free assets would be zero

1 = 0.41 + (1 ÷ 3 × beta of the second stock)

The beta of the second stock is

= (1 - 0.41) × 3

= 1.77

Hence, the beta of the second stock is 1.77

8 0

3 years ago

Lopez Corporation incurred the following costs while manufacturing its product Materials used in product Depreciation on plant P

Sonja [21]

Answer:

See attached file

Explanation:

4 0

3 years ago