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3 years ago

For the majority of companies, the most common increase in the cost of production results from rising ____.

2 answers:

7 0

For the majority of companies, the most common increase in the cost of production results from rising <u>"wages".</u>

A rise in the wage rate increases the expenses of firms delivering the ware, constraining them to raise their moving costs. As the cost of the item rises purchasers will purchase less of it and less yield will be created and sold. This implies less work will be utilized. Second, since an ascent in wages makes work progressively costly with respect to capital, firms will substitute capital for work. This implies less work will be utilized to deliver whatever yield the organizations in the business move.

Temka [501]3 years ago

6 0

The answer that you are looking for is D.

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The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a

In-s [12.5K]

Answer:

b. continuous budgeting

Explanation:

Continuous budgeting (sometimes referred to as rolling budgeting) involves continually adding an additional month to the end of a multi-period budget as each month goes by.

The continuous budgeting concept is usually applied to a twelve-month budget, so there is always a full year budget in place.

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3 years ago

Role of central government in regional development

spin [16.1K]

Answer:

The central government is, essentially, the public body in charge of managing the nation's resources and controlling compliance with the laws. In other words, it applies its power within the entire national territory, but in turn delegating certain powers to state and local governments, which have a much stronger contact with the population of cities and states. Thus, within the regional development process in each nation, local and state governments are the main executors of development policies, but with the supervision and guidance of central governments.

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2 years ago

A company uses the following standard costs to produce a single unit of output. Direct materials 7 pounds at $0.60 per pound = $

Naddika [18.5K]

Answer:

Direct material price variance= $20,100 unfavorable.

Explanation:

Giving the following information:

Direct materials 7 pounds at $0.60 per pound = $ 4.20

During the latest month, the company purchased and used 67,000 pounds of direct materials for $.90 per pound to produce 10,000 units of output.

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.60 - 0.90)*67,000= $20,100 unfavorable.

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3 years ago

Anderson Corporation has purchased a group of assets for $16,600.

Sati [7]

Answer:

C.$ 8 comma 798$8,798

Explanation:

Given,

Purchase value = $16,600

Considering the relative values

Relative value of land = $6,500

Total relative value = 6500 + 2400 + 3400

= $12,300

Using the relative value to allocate the purchased value of the land

Purchased cost of land = (6500/12300) × 16,600

= 0.53 × 16,600

= $8,798

The amount that would be debited to the Land is $8,798 Option C

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2 years ago

A household appliances manufacturer needs a new parts supplier for its washers and dryers. The manufacturer advertises for compe

enyata [817]

Answer: Supplier selection process

Explanation: The process of selecting a supplier for the procurement of raw material for producing output is referred to as supplier selection process. In this process, the purchases analyzes deals from various alternatives of suppliers and choose the one that maximizes the purchasers profit.

Thus, from the above explanation we can conclude that the given case illustrates the supplier selection process.

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3 years ago