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Ugo [173]
2 years ago
5

Which of the statements below are correct regarding cost of goods sold?

Business
1 answer:
Leona [35]2 years ago
3 0

Answer:Cost of goods sold is the expense of buying and preparing merchandise.

Explanation:

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The Equal Employment Opportunity Act requires employers to classify their employees by gender and national origin. Which level o
inysia [295]
B. Ordinal is the Equal Employment Opportunity Act which requires employers to classify their employees by gender and national origin
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3 years ago
Economic models are typically based on the principle that people behave rationally. However, people do not always behave rationa
BartSMP [9]

Answer:

<em>because the existing models have been in place for so long, they are considered untouchable, the equivalent of an economic law.</em>

Explanation:

The rational economic model is even more widely used in economics because it is easier to measure. Although people have irrational behaviors, they are more subjective, which makes the rational model still the most used by the economy, because through it is possible to measure behavior patterns, statistical data and information relevant to the economy.

3 0
3 years ago
A company's product is very complex, and there is value in having employees develop deep expertise in each aspect of the product
Drupady [299]

The organizational structure that would allow for deep, specialized knowledge to be fostered is a<u> functional structure. </u>

<h3>What is a functional organization structure?</h3>

This refers to a practice of many companies where people who have different expertise are put into different departments that complement their skills.

This ensures that the employees will develop deep expertise in their field because they will focus on it by being in a department that is based on their expertise.

Find out more on functional organizational structures at brainly.com/question/14700402.

4 0
2 years ago
Sheridan Company developed the following data for the current year:
yulyashka [42]

Answer:

Ending work-in-process inventory  is $816,000

Explanation:

Work in process Inventory is the inventory which is in the production process.

Cost of Good Manufacture = Total Manufacturing costs + Beginning work-in-process inventory - Ending work-in-process inventory

$264,000 = $780,000 + $300,000 - Ending work-in-process inventory

$264,000 = $1,080,000 - Ending work-in-process inventory

Ending work-in-process inventory  = $1,080,000 - $264,000

Ending work-in-process inventory  = $816,000

4 0
3 years ago
Read 2 more answers
Suppose that Greece and Austria both produce jeans and stained glass. Greece's opportunity cost of producing a pane of stained g
netineya [11]

Answer:

a. 9 pairs of jeans per pane of stained glass.

d. 8 pairs of jeans per pane of stained glass.

Explanation:

Greece and Austria both produce jeans and stained glass. Greece opportunity cost is 5 pairs of jeans per stained glass and Austria opportunity cost 10 pairs jeans per stained glass. Greece has comparative advantage in producing stained glass whereas Austria has comparative advantage in producing Jeans.

If these both countries agree to trade with each other, the trade would be beneficial if Greece receives more than 5 pairs of jeans per pane of stained glass. If the trade took place at more than 5 pairs of jeans for per pane of stained glass it will be beneficial for both countries. Option a and option d has more than 5 pairs of jeans. Option b has 3 pairs of jeans so the trade is not beneficial for either countries and option c has 1 pair of jeans per pane of stained glass which also a trade not suitable to both countries.  

5 0
3 years ago
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