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3 years ago

Resources are limited in _________?

Business

1 answer:

Vika [28.1K]3 years ago

5 0

Answer:

A basic condition of nature which means that the quantities of available labor, capital, land and entrepreneurship used for the production of goods and services are finite. It means that the economy has only so many resources that can be used AT ANY GIVEN TIME time to produce goods and services.

Explanation:

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These are selected account balances on December 31, 2015. Land (location of the office building) $100,000 Land (held for future

lara31 [8.8K]

Answer:

$1,125,000

Explanation:

The total amount of property, plant, and equipment will appear under the Non-Current Assets section of the Balance Sheet. Thus prepare the Non Current Asset Section as follows :

Non Current Asset Section

Land $100,000

Land held for future use $150,000

Office Building $700,000

Equipment $450,000

Office Furniture $150,000

Accumulated Depreciation ($425,000)

Total $1,125,000

7 0

3 years ago

According to the assumptions of CVP, ______ will not change as the volume of a product increases or decreases. total variable co

fgiga [73]

Answer:

Fixed costs, sales price, and variable cost per unit

Explanation:

Cost-volume-profit (CVP) analysis is a cost accounting technique that examines how operating profit is affected by varying levels of costs and volume. Another name for CVP is break-even analysis because for different sales volumes and cost structures, it provides the break-even point (BEP) for different sales volumes and cost structures. BEP can assist managers during the short-term economic decision making.

Some of the assumptions of CVP are that fixed costs, sales price, and variable cost per unit will not change even when the volume of a product changes. The change in the volume of a product can either be an increase or a decrease.

Therefore, according to the assumptions of CVP, fixed costs, sales price, and variable cost per unit will not change as the volume of a product increases or decreases.

I wish you the best.

5 0

3 years ago

Key West To Go, located in Key West, Florida, builds and sells scooters. These are sold to several local shops in the area, who

beks73 [17]

Answer:

d. 42.90 hours

Explanation:

y = aQᵇ

y = average time to produce one more unit

a = the time it took to produce the first unit

Q = cumulative production

b = learning rate = [(log learning rate in %) / log 2] = -0.152003093

learning rate in % = 10.8 / 12 = 0.9 = 90%

cumulative quantity average hours per unit total hours

1 12 12

2 10.8 22.8

3 10.38 33.18

4 12 x 4⁻⁰°¹⁵²⁰⁰³⁰⁹³ = 9.72 42.90

3 0

4 years ago

One strategy for managers to increase capacity by creating flexibility involves the?

spayn [35]

Answer:

of labor

Explanation:

situations where people are coerced to work for little or no remuneration, often under threat of punishment

3 0

2 years ago

On June 30, 2024, the Esquire Company sold some merchandise to a customer for $54,000. In payment, Esquire agreed to accept a 7%

Paraphin [41]

The income before income taxes is 2024 understated by $1,890 and 2025 overstated by $1,890.

<h3>Income before taxes</h3>

Esquire Company journal entries

June 30, 2024

Debit Note receivable $54,000

Credit Sales $54,000

Dec 31, 2024

Debit Interest receivable $1,890

Credit Interest Income $1,890

($54,000 x 7% x6/12)

March 31, 2025

Debit Cash $56,835

Credit Interest receivable $1,890

Credit Interest income $945

($54000 x 7% x 3/12 )

Credit Note Receivable $54,000

Therefore the income before income taxes is 2024 understated by $1,890 and 2025 overstated by $1,890.

Learn more about Income before taxes here:brainly.com/question/14644556

brainly.com/question/17005057

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5 0

2 years ago