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3 years ago

Deregulation always leads to lower prices for the consumer. True. False.

Business

1 answer:

Lera25 [3.4K]3 years ago

6 0

The answer best and only answer to your question is False.

<span> A well-known professor of business economics at the University of San Francisco James Shaw said once "The benefits of deregulation are short- to intermediate-term generally for any industry,". </span>

<span>Hope my answer would be a great help for you.</span>

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Fixed costs remain constant at $450,000 per month. During high-output months variable costs are $300,000, and during low-out

FrozenT [24]

Answer:

High indirect-cost rate is $31.25

Low indirect-cost rate is $115

Explanation:

It is noteworthy that the indirect cost-rate refers to the sum of variable cost per hour+fixed cost per hour

High indirect-cost rate=variable cost per hour+fixed cost per hour

High output:

variable cost per hour=total variable costs/number of hours

fixed cost per hour=Fixed costs/number of hours

variable cost per hour=($300,000/24,000)=$12.5

fixed cost per hour =($450,000/24000)=$18.75

high indirect cost-rate=$12.5+$18.75=$31.25

Low output:

variable cost per hour=total variable costs/number of hours

fixed cost per hour=Fixed costs/number of hours

variable cost per hour=($125,000/5,000)=$25.00

fixed cost per hour =($450,000/5,000)=$90

low indirect cost-rate=$25+$90=$115

3 0

4 years ago

Ayayai Corp. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $200,

Ket [755]

Answer:

Option (B) is correct.

Explanation:

Amount of which adjusting entry required:

= Amount of uncollectible accounts - Balance in Allowance for uncollectible accounts

= (Balance in accounts receivable × Estimated percentage of accounts receivable to be uncollectible) - Balance in Allowance for uncollectible accounts

= ($200,000 × 4%) - $2,000

= $8,000 - $2,000

= $6,000

Therefore, the adjusting entry is as follows:

Bad debt expense A/c Dr. $6,000

To Allowance for uncollectible accounts $6,000

(To record the bad debt expense)

5 0

4 years ago

You work for a company that has marketed medigap products for many years. the company has added medicare advantage and part d pl

vivado [14]

What do you need to do with your materials before using them for marketing purposes? Once you develop new marketing materials, the materials need to be submitted for review to make sure they accurately describe and reflect the new items. All marketing materials no matter the company, need to be approved before they are pushed out to the public to gain their target markets interest.

3 0

4 years ago

Read 2 more answers

Find all tickers in ‘NYSE’ of the stocks whose closing price showed the highest increase between ‘3/25/2020’ and ‘3/26/2020’ in

kakasveta [241]

Answer:

Explanation:

3/25/2020 - 100 * 15= 1500

2020= Tickers in NYSE.

3/26/2020 = 1500 * 100= 150000

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4 years ago

When a job is completed and all costs have been accumulated on a job cost sheet, the journal entry that should be made is:

8_murik_8 [283]

Answer:

d. Finished Goods Inventory

Work In Process Inventory

Explanation:

In the production process when goods raw materials enter into the factory, they are considered as work in process.

On completion from the factory the raw materials that were in work in process are now converted to finished goods.

Inventory is an asset account, and assets is debited when it increases and credited when it reduces.

When all goods have been converted to finished goods there is increase in finished goods inventory, so

1. Debit finished goods inventory

Raw materials in work in process has been converted to finished goods, so the entry for WIP is

2. Credit work in process inventory

4 0

4 years ago