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tester [92]
3 years ago
15

Hugh buys a new calculator for $125 from the PaperMills stationery store. A week later, he sees an ad from another stationery st

ore, StationMax, selling the same calculator for $65. Hugh feels guilty about having wasted so much money on the calculator but justifies his action by saying that StationMax items are always of poor quality. In the context of attitudes, Hugh's statement reflects an attempt to reduce his
Business
1 answer:
tamaranim1 [39]3 years ago
8 0

Answer:

Hugh's statement is an attempt to reduce his frustration about buying the product at a more expensive price.

Explanation:

Human beings always try to find a reason to justify their actions, even if that particular action was a bad one.

Hugh bought a calculator for $125 from one store and the next week, he saw the same calculator being advertised for a significantly lower amount. He felt cheated and he immediately blamed himself for being cheated when there was a better deal out there. As a way to make himself feel better about the ordeal, he tells himself that the product quality from the second store is always known to be of an inferior quality.

This is a defence mechanism to cover or try to hide our frustrations and anger at things not going our way so we invent something that will make us immediately feel better about ourselves and our decision.

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Losses in asset values due to adverse changes in interest rates are borne initially by the
abruzzese [7]

Losses in asset values due to adverse changes in interest rates are borne initially by the equity holders

<h3>Who are the equity holders?</h3>

Equity holders are individual that owns a particular asset that has liabilities attached to them

Equity is expressed as difference between liabilities and assets of a business.

Hence we can conclude that losses in asset values due to adverse changes in interest rates are borne initially by the equity holders

Learn more on equity holders here: brainly.com/question/25847981

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8 0
2 years ago
Current liabilities could include all of the following except: A. any part of long-term debt due during the current period. B. a
Firdavs [7]

Answer: C. a bank loan due in 18 months.

Explanation:

Current liabilities include all the debt obligations that a company has in the current period.

This means that only debt obligations that mature within a year are to be considered current liabilities.

Bank loans that are due in 18 months are over a year and so have to be considered long-term liabilities not current liabilities.

4 0
3 years ago
Moor Company: If overhead is applied to production basis of direct labor cost, what predetermined overhead rate was in effect du
snow_tiger [21]

Answer:

The predetermined overhead rate for machine hours is calculated by dividing the estimated manufacturing overhead cost total by the estimated number of machine hours

Explanation:

if the annual budget is based on a production quantity of 10,000 units and the direct labor required for each unit is three hours, the total direct labor is 10,000 x 3 or 30,000 hours. The total overhead expenditure is then divided by the total labor hours to arrive at the overhead rate.

5 0
4 years ago
Vaughn Manufacturing reported total manufacturing costs of $450000, manufacturing overhead totaling $98000, and direct materials
WARRIOR [948]

Answer:

Direct labor cost will be equal to $236000

Explanation:

We have given total manufacturing cost = $450000

Manufacturing overhead totaling is equal to $98000

And direct material totaling is equal to $116000

We have to find the direct labor cost

Direct labor cost is equal to

Direct labor cost = Total manufacturing cost - manufacturing overhead totaling - direct material totaling

= $450000 - $98000 - $116000 = $236000

So direct labor cost will be equal to $236000

3 0
3 years ago
Increasing the federal tax on gasoline would cause shipping costs in the United States to​ increase:________
GalinKa [24]

Answer:

Positively

Explanation:

In the e-commerce sector, consumers would often feel the effects of an increase in Federal gas tax since the shipping cost of products they purchase would be based on the prices of gasoline.

In effect, retailers of these products would transfer the increased shipping cost of this products resulting from higher gas tax to the consumers.

7 0
3 years ago
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