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kifflom [539]
3 years ago
12

Profits produced by the laboring classes are accrued by business owners who use these profits for reinvestment or to enrich them

selves. This key crime-producing effort of modern corporate capitalism is termed _______.
A. excess abundance
B. surplus value
C. profit distribution
D. differential wealth
Business
1 answer:
PSYCHO15rus [73]3 years ago
7 0

Answer:

The correct answer is letter "B": surplus value.

Explanation:

German philosopher Karl Marx (1818-1883), defined surplus value as the value created by workers' labor excess that was appropriated by the company owners or "<em>capitalists</em>" whenever the products manufactured were sold. Marx believed the source of economic value was human labor. In such a case, capitalists would exploit workers to appropriate their surplus-value.

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The results for conventional and activity-based costing (ABC) computations will be the same as long as: a.the levels of activity
aniked [119]

Answer:

d.the levels of activity for non-unit based cost drivers remain the same.

Explanation:

In the case of conventional and activity based costing calculations,  the output should be similar to the activity levels that belong to the non-unit in which the cost driver should remain the same

Thus as per the given scenario, the option d is correct

And, the rest of the options seems incorrect

4 0
3 years ago
Tru Diva, a brand of women's apparel and accessories, uses contract manufacturers in different countries. The company benefits b
Anvisha [2.4K]

<u>Answer: </u>Option E

<u>Explanation:</u>

In contract manufacturing the goods are produced by a firm under a brand name of other firm on the basis of the contract. The contract manufacturers sign contracts with more than one firm to produce the goods. This type of manufacturing is mostly used in international markets due to availability of cheap labor and materials used for production in manufacturing countries.

For some of the products the contract manufacturers even provide the service of designing, distributing, assembly and manufacturing. the regulations for production also less in these countries. Contract manufacturers are found mostly in developing countries.

4 0
3 years ago
Smith Wholesale budgeted sales price is $40 per unit for an budgeted sales volume of 5,000 units. The actual performance was 5,5
alex41 [277]

Answer:

$20,000 Favorable

Explanation:

As for the provided information, we have:

Sales Volume Variance is defined as the variance arising due to difference in sales quantity based on standard price.

Formula for the above = (Actual Sales - Budgeted Sales) \times Standard Price

= (5,500 - 5,000) \times $40

= $20,000

This variance shall be categorized as favorable, as the actual sales quantity is more than the static budgeted quantity.

Therefore, Sales Volume Variance = $20,000 Favorable

8 0
3 years ago
Marketing intermediaries add __________ utility to products by having them available when consumers want them.
ryzh [129]

Based on business sales strategy, marketing intermediaries add <u>time utility</u> to products by having them available when consumers want them.

This is because the <u>time utility</u> allows the business firms and marketers to make the products available to the consumers whenever they need them.

<u>Time utility</u> is a marketing tool used by the business firms like retails to add value to products and to bridge the gap between the products and consumers.

Hence, in this case, it is concluded that the correct answer is "<u>time utility</u>."

Learn more here: brainly.com/question/12514869

3 0
3 years ago
Which of the following best explains what happens when a company or government issues bonds? A. The company or government pays b
kherson [118]

Answer:

The company or government goes into debt to those who purchase the bonds.( B.)

4 0
3 years ago
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