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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 Great Fish Taco Corporation currently has fixed operating costs of $15,000, sells its pre-made tacos for $6.00 per box, a

Makovka662 [10]

Answer: The Break-Even Point will reduce from $4,285.71 to $4,125

Explanation:

To get the Break-Even Point we can divide Fixed Assets by the Contribution margin.

The Contribution Margin is the Selling Price minus the Variable Cost.

For Scenario 1 the Break-Even Point will be,

= 15,000 / ( 6 - 2.50)

= $4,285.71

For Scenario 2 the Break-Even Point is,

= 16,500 / 6.5 -2.5

= $4,125

The Break-Even Point for Scenario 2 means that even though the higher Fixed Costs could have led to a higher Break-Even Point, the higher price contributed more than the fixed costs did and led to an ultimately lower Break-Even Point than the first Scenario.

3 0

3 years ago

Jane must do a system each evening to copy and archive computer data that could be used if a compromise occurs

svetlana [45]

Jane must do a system each evening to copy and archive computer data that could be used if a compromise occurs. The process that Jane makes is referred to as back up. Back up process is the process of copying and archiving computer data so that the duplicate files can be used to restore the original data if a compromise occurs.

8 0

3 years ago

A property seller empowers an agent to market and sell a property on his behalf. what is this an example of

aev [14]

It is an example of special agency. It enables the bond of the broker and the principle in which they have a contract of having little control of each other and responsibility. These agency are hired by the seller to be able to reach out for others in selling the seller's property, allowing them to do what they are capable of but the seller has only little control of the broker.

3 0

4 years ago

If a company rents a warehouse, it must pay rent for the warehouse whether it is full of inventory or completely vacant. Other e

Aleksandr [31]

As the output is increased or decreased, these (B) fixed costs remain unchanged.

<h3>What are fixed costs?</h3>

Fixed costs, also known as indirect costs or overhead costs in accounting and economics, are corporate expenses that are independent of the volume of goods or services generated by the business.
They are usually recurrent, such as monthly interest or rent.
These expenses are frequently capital expenses.

<h3>Explanation -</h3>

Dependent refers to a variable that changes when other factors change.
Fixed cost refers to a cost that doesn't change when the number of goods produced increases or decreases.
Opportunity cost refers to the benefit that you would have received from the option that was not chosen.
Marginal cost refers to the change in the cost when you produce an additional unit.
According to this definition and as the statement refers to a cost that doesn't change.

Therefore, as the output is increased or decreased, these (B) fixed costs remain unchanged.

Know more about fixed costs here:

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Complete question:

If a company rents a warehouse, it must pay rent for the warehouse whether it is full of inventory or completely vacant. Other examples include executives' salaries, interest expenses, depreciation, and insurance expenses. As the output is increased or decreased, these _______ costs remain unchanged.

a. dependent

b. fixed

c. opportunity

d. marginal

5 0

2 years ago

Phillips Corporation's fiscal year ends on November 30. The following accounts are found in its job order cost accounting system

xz_007 [3.2K]

Answer:

Phillips Corporation

a = 9,050 beginning balance Raw Materials

b = 36,660 beginning balance WIP

c = 15,650 direct materials

d = 6,825 Overhead applied

e = 13,500 Ending balance WIP

f = 5,500 beginning balance Finished Goods

g = 54,625 Completed jobs

h = 4,300 ending balance Finished Goods

i = 9,100 wages assigned

j = d

k = 3,125 indirect labor

l = 1,145 Underapplied overhead

m = 55,825 cost of goods sold

Explanation:

a) Data and Analysis:

1. Jobs in process:

Job No. 154 and Job No. 155

Combined direct materials costs $9,950

Combined direct labor costs 15,200

Overhead applied (75%) 11,400

Total work in process, beginning $36,550

2. Jobs started in December:

Job Nos. 156, 157, and 158

Direct materials $4,400

Direct labor 5,200

Overhead applied (75%) 3,900

Total work in process $13,500

Beginning work in process = $36,550

Ending work in process = $13,500

Beginning Finished Goods Inventory: Job 153 $5,500

Ending Finished Goods Inventory: Job 157 $4,300

Raw Materials Inventory

Dec. 1 Beginning balance 9,050 (a)

Dec. 31 Requisitions 18,950

Dec. 31 Purchases 18,025

Dec. 31 Ending balance 8,125

Total 27,075 27,075

a = $9,050 (27,075 - $18,025)

Work in Process Inventory

Dec. 1 Beginning balance $36,550 b.

Dec. 31 Jobs completed 54,625 (g)

Dec. 31 Direct materials 15,650 c.

Dec. 31 Direct labor 9,100

Dec. 31 Overhead 6,825 d.

Dec. 31 Ending balance 13,500 e.

Finished Goods Inventory

Dec. 1 Beginning balance 5,500 f

Dec. 31 Cost of goods sold 55,825 (m)

Dec. 31 Completed jobs 54,625 g.

g. Dec. 31 Ending balance 4,300 h

Factory Labor

Dec. 31 Factory wages 12,225

Dec. 31 Wages assigned 9,100

Dec. 31 Overhead 3,125

Manufacturing Overhead

Dec. 31 Indirect materials 3,300

Dec. 31 Overhead applied 6,825 d.

Dec. 31 Indirect labor 3,125 k.

Dec. 31 Other overhead 1,545

Dec. 31 Underapplied overhead 1,145

7 0

3 years ago