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Elis [28]
3 years ago
15

A production function: shows the output that is most highly valued by consumers. shows the most desired production method for a

given level of output. shows the output that is produced using different combinations of inputs combined with existing technology. shows the output that is produced using different combinations of technology combined with existing inputs.
Business
1 answer:
BigorU [14]3 years ago
4 0

Answer:

Shows the output that is produced using different combinations of inputs combined with existing technology

Explanation:

The production function is an <u>expression that links the different amount of inptuts used in the production process and the final output obtained with each combination of inputs, with a given tehcnology.</u>

As an example, if a economy produces only popcorn, a production function would be an expression that shows hou much popcorn that economy can produce with different combinations of corn and sugar, with a given technology.

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On August 1, 20Y1, Newhouse Co. received $39,110 for the rent of land for 12 months. Journalize the adjusting entry required for
Marta_Voda [28]

The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

<h3 /><h3>Unearned rent</h3>

Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:

31 December

Debit Unearned rental revenue $16,296

Credit Rental revenue $16,296

($39,110×5/12)

(To record unearned rent)

Inconclusion the adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

Learn more about unearned rent here:brainly.com/question/4260123

3 0
2 years ago
On March 1, 2015, Landon Company acquired real estate on which it planned to construct a small office building. The company paid
Murljashka [212]

Answer:

The amount to be reported as the cost of the land is  $101,000

Explanation:

Given information

Paid cash - $90,000

Cost of property $7,600

Salvaged materials - $1,700

Attorney's fee for work concerning the land purchase -  $1,100

Real estate broker's fee -  $4,000

Architect's fee - $7,800    

Put in driveways and a parking lot - $14,000

For computing the amount of the cost of the land, the Architect's fee and Put in driveways and a parking lot is not considered as it is not related to the land expenses. The computation is shown below

= Cash amount + Cost of property - Salvaged materials + Attorney's fee + Real estate broker's fee

= $90,000 + $7,600 - $1,700 + $1,100 + $4,000

= $101,000

Thus, the amount to be reported as the cost of the land is  $101,000

4 0
3 years ago
When working with a client who has COPD (stable and medically cleared for exercise) and likes swimming, you should recommend the
ANEK [815]

Answer:

You should recommend that they swim:

a. 3 days per week

b. High intensity

Explanation:

The full meaning of COPD is Chronic Obstructive Pulmonary Disease. It is a disease that affects the lungs of a person and makes it very hard for that person to breathe.

We have 4 stages of COPD

a. Stage 1: Mild COPD

b. Stage 2: Moderate COPD

c. Stage 3: Severe COPD

d. Stage 4: Very Severe COPD

Symptoms of COPD include coughing, production of mucus during coughing, difficulty in breathing.

7 0
3 years ago
On October 31, 2015, Damon Company's general ledger shows a checking account balance of $8,445. The company's cash receipts for
solniwko [45]

Answer:

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.  

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The outstanding deposits is computed below:

= Company cash receipts - bank deposited

= $74,640 - $71,375

= $3,265

And, the outstanding checks is computed below:

= Company written checks - Processed by bank

= $72,515 - $71,270

= $1,245

The preparation of the  bank reconciliation statement on October 31, 2015 for Damon Company's  is presented in the spreadsheet. Kindly find the attachment below:  

8 0
3 years ago
A company using activity-based costing has the following overhead activities and costs: factory maintenance $50,000; machine set
Elena-2011 [213]

Answer:

$75,000

Explanation:

Given that,

Factory maintenance = $50,000;

Machine setup = $100,000;

Heating and lighting = $25,000

Machine repair = $10,000

Therefore,

Total costs are as follows:

= Factory maintenance + Heating and lighting

= $50,000 + $25,000

= $75,000

Therefore, the total costs in the plant services activity are $75,000.

4 0
2 years ago
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