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ANTONII [103]
3 years ago
11

A firm's value added equals 10) A) its revenue minus its wages. B) its revenue minus all of its costs. C) its revenue minus its

wages and profit. D) its revenue minus its cost of intermediate goods. E) none of the above
Business
1 answer:
Rufina [12.5K]3 years ago
8 0

Answer:

D) its revenue minus its cost of intermediate goods.

Explanation:

The firm value added shows a difference between the revenue and the cost of intermediate goods

In mathematically,

Firm value added = Revenue - cost of intermediate goods

After deducting the cost of intermediate goods from the revenue we can get the firm value added

Hence, the option D is correct as it denotes the firm value added

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Jefferson Co. uses the following standard to produce a single unit of its product: Variable overhead $6 (2 hrs. per unit @ $3/hr
tankabanditka [31]

Answer:

B. 6,000U

Explanation:

The total variable overhead variance shall be calculated using the following formula:

Variable overhead variance=(Actual units produced*Standard hours per unit* Standard rate per hour) - (Actual variable production overhead cost of actual production)

Standard rate per hour=$3

Standard hours per unit=2

Actual units produced=24,000

Actual variable production overhead cost of actual production=$150,000

Variable overhead variance=(24,000*2*3-150,000)

                                              =(144,000-150,000)

                                              =$6,000U

So the answer is B. 6,000U

7 0
3 years ago
Fill in the blanks to complete the passage regarding the development of illegal markets in response to price ceilings. – are ill
djverab [1.8K]

Black markets are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. The additional demand is met by underground suppliers selling at much higher prices.

The government does not support the black market or any of their actions with getting items and selling them in other forms. Those who are in demand of a good when they have a hard time in getting it may purchase it illegally at a higher price just so they can receive that good. When there is an exchange of goods in the black market, these items are usually prohibited by the government and therefor illegally being sold.

3 0
3 years ago
Chace is a manager at Westwick Inc., an advertising company. He regularly holds meetings with his subordinates to track their wo
natita [175]

Answer:

concurrent control

Explanation:

Concurrent control (also known as steering or preventive control) is the process of monitoring activities in real time so as to identify and preventing problems from happening thereby producing the desired result and completion of activity in time. This involves applying regulations on the ongoing process based on standards, rules, codes, and policies so that they conform to the organization or company standards

5 0
3 years ago
Construct the Barron​ Pizza, Inc. income statement for the year ending 2015 with the following information ​(the dollar amounts
Troyanec [42]

Answer:

any want zo. om. id=2139350377

pass=7neBw6

5 0
2 years ago
Consumer credit has very few advantages and is best avoided at all times.
Thepotemich [5.8K]

Answer:

False

Explanation:

Credit can allow you to make investments that earn money such as a house or a college education. It can also allow you to take advantage of good prices on things that you need such as a car or laptop. While there are disadvantages to credit, and you have to be careful when using it, there are many advantages as well.

8 0
3 years ago
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