Answer:
D. Equivalent units of production
Explanation:
The term equivalent units of production refer to all the production at the end of an accounting period. In this period, some units were completed and some are unfinished, with a certain quantity of work made. These units represent a lower number of finished goods and in order to expose the whole production as finished units, only the percentage of work made is considered.
Yes, the annual fuel cost is different between the Guzzler and Non-Guzzler vehicles.
<h3>What is Guzzler vehicles?</h3>
- In colloquial usage, a car that is thought to use a lot of fuel is referred to as a gas guzzler.
- The IRS was in charge of collecting the gas guzzler tax, which only applied to cars (not trucks).
- Other nations have imitated this move and implemented their own gas-guzzler taxes, such as Canada's "green levy."
- As a part of the Energy Tax Act, the US government implemented the Gas Guzzler Tax.
- When the Corporate Average Fuel Economy (CAFE) regulations were created, the fee was also implemented to charge the purchase of inefficient automobiles.
- Light trucks are not subject to the Gas Guzzler Tax; only vehicles designated as cars are.
- The tax has been in place since 1991 and is applicable to vehicles having a combined fuel economy rating of less than 17.5 mpg US (13.4 L/100 km; 21.0 mpg imp).
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Answer:
E. the monetary amount that her time would have been worth in its next best use.
Explanation: Opportunity cost is an economic term which signifies the monetary value of a missed opportunity due to an alternative decision taken. Opportunity costs is usually not accounted in the accounting records but it is very important for business owners to always out it in consideration when determining which choices to make between alternatives.
OPPORTUNITY COST IS VERY VITAL AS IT HELPS BUSINESS OWNERS TO MAKE LESS EXPENSIVE AND MORE BENEFICIAL DECISIONS IN THE DAILY OPERATIONS OF THEIR BUSINESS.
Explanation:
This is :
This situation describes undue influence, which arises from a relationship in which one party can, through unfair persuasion, influence or overcome the free will of another. Other examples of such relationships include business partners, attorney-client, and doctor-patient. A contract entered into under undue influence lacks voluntary consent and is voidable. In this question, the influence of Evan over Nero is buttressed by Nero’s reliance on Mervyn for support. Nero does not have a claim for duress, but Mervyn’s influence over Nero’s investment decision is an exercise of undue influence. The contract is primarily for the benefit of Mervyn, and Mervyn used unfair persuasion in securing Nero’s funds. Nero can avoid the contract.