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2 years ago

A cost system determines the cost of a cost object by:

Business

1 answer:

solniwko [45]2 years ago

6 0

Answer:

a) Accumulating and then assigning costs

Explanation:

A cost system is a system put in place by management to monitor costs incurred by an entity or cost object. A cost system is a combination of related subsystems which monitors, control and report costs information. In determining the cost of an object a cost system accumulates costs before assigning to cost units.

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Among the tax proposals regularly considered by Congress is an additional tax on distilled liquors. The tax would not apply to b

Lelu [443]

Answer:

Liquor consumers

Explanation:

Price elasticity measures the degree of responsiveness of quantity demanded to changes in price. Demand is elastic if a small change in price has a great effect on quantity demanded. The coefficient of elasticity is usually greater than 1.

Demand is inelastic if changes in price has little or no impact on the quantity demanded. Coefficient of elasticity is usually less than 1.

The elasticity of demand for liquor is -0.4 while the elasticity of supply for liquor is 3.5. Therefore the demand for liquor is inelastic while the supply of liquor is elastic.

If taxes are imposed on consumers, the quantity demanded wouldn't change or change a little.

If taxes are imposed on suppliers, the quantity supplied would fall more.

Therefore , the burden of tax can be passed on more to consumers.

I hope my answer helps you.

3 0

3 years ago

The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate

Bezzdna [24]

Answer:

Option B is the correct answer,1.05

Explanation:

Present value index can be computed using the below formula:

present value index=present value of cash inflows/initial amount invested

present value of cash inflows=annual net cash flow*present value factor of annuity

annual net cash flow=$93,750

present value factor of annuity=4.212

present value of cash inflows=$93,750*4.212=$394,875.00

initial amount invested is $375,000

present value index=$394,875.00/$375,000 =1.053

The present value index of this project is approximately 1.05,which is the option B in the multiple choices

3 0

3 years ago

A company is considering the purchase of a new machine for $48,000. Management expects that the machine can produce sales of $16

Diano4ka-milaya [45]

Answer:

False

Explanation:

Annual cash inflow = Sales revenue - Cash expenses

Annual cash inflow = $16,000 - $8,000

Annual cash inflow = $8,000

Cost of machine = $48,000

Payback period = Cost of machine/Annual cash inflows

Payback period = $48,000/$8,000

Payback period = 6 years

So, the payback period for the machine is 6 years.

7 0

2 years ago

During the current year, Karen sells her entire interest in Central Corporation common stock for $ 22 comma 000. She is the sol

statuscvo [17]

Solution and Explanation:

Amount realized 22,000 Minus: Basis 89,000 Loss recognized 67000

answer a ) Since Karen is single she can guarantee this lose as a common misfortune to a limit of $50,000. Karen won't have the option to guarantee the whole $67,000 that she lost she can just guarantee $50,000.

answer b) Since Karen is recording a joint government form she can guarantee a lose of upto $100,000. Karen will have the option to guarantee the whole loss of $67,000.

answer c ) With the stock being bought from another investor as opposed to the sorting out enterprise she can guarantee the whole loss of $67,000 as a captial gain misfortune.

answer d ) B. By selling a segment of the stock in one year and the staying stock in one more year Karen could change over the whole misfortune on the deal to a normal misfortune.

7 0

3 years ago

WILL MARK BRAINLIEST

Zigmanuir [339]

Answer:

the total partner equity is $105,000

Explanation:

The computation of the total partner equity is shown below;

= Capital contributions × number of partners - withdrawn amount by the partners + total profit

= $50,000 × 2 - $5,000 - $7,500 + $17,500

= $105,000

hence, the total partner equity is $105,000

Therefore the correct option is B.

3 0

3 years ago