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jasenka [17]
3 years ago
5

Which of the following statements is (are) false?(A) Operations costing accounts for material costs like job costing and convers

ion costs like process costing.(B) An automobile manufacturer is more likely to use an operations costing system than a process costing system. A. A only.B. B only.C. Both A and B.D. Neither A nor B.
Business
1 answer:
Airida [17]3 years ago
6 0

Answer:

C. Both A and B

Explanation:

Operation Costing:

is the acccount of process costing until there is a split-point when the costing systems moves to job system.

This means the materials are calculate with calculate with process costing. And then there is a degree of customization which makes the job costing useful.

(A) FALSE is the other way around. The system use process costing until split point, when it switch to job costing for specific procedures.

(B) FALSE

An automobile manufacturer do the same car over and over.

There is no difference between the car. It will use process costing.

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The united states has more of what per employee than any other industrial nation?
Sav [38]

Managers, this is symbolic of how business is run in U.S. culture.

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3 years ago
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Share an example from your life where you had to make a choice knowing that you are giving up opportunities for doing or gaining
Alik [6]

Explanation:

I would have to give up my dream of getting an economics degree because I felt that an economics degree would give me a more stable future. My parents always believed that, after finishing my education, I should pursue my acting career.

I'd make another choice, since I'm happy with my job now. If I choose to perform, I should have struggled a lot.

Consumers C make decisions because each action has a risk cost. You can't do two things at the same time and must choose one.

Individual producers / nations must choose what they are to produce, how they are to produce and how much they are to produce, as their resources are limited and their alternatives are being applied.

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3 years ago
Yeager Corporation has used regression analysis to perform price elasticity analysis. In doing so management regressed the quant
Olegator [25]

Answer:

b). 72.458 %

a). 24, 213

Explanation:

1). The second option i.e. 72.458% correctly measures the variance percentage brought in the dependent variable(regressed the quantity demanded) by manipulating the independent variable(price elasticity). The first option is wrong as it shows R multiple which is rather the coefficient. The third and the last options are incorrect as they display the intercept employed to determine the quantity and the key error of calculating the standard deviation.

2). The predicted quantity demanded would be 24,213 if the price is fixed at $7.00.

It can be calculated using the formula;

Quantity demanded = Intercept + (Adjusted R squared * Price coefficient)

∵ Quantity Demanded = 56,400.50 + (7 X -4,598.2)

= 24,213

7 0
2 years ago
Select all that apply.
Bumek [7]

Answer:

facing the speaker and maintaining eye contact

3 0
2 years ago
In the old Merck compensation system, if the salary line formula is: control point = $1544 + $4.72*Hay point. How much will a mi
Alekssandra [29.7K]

Answer:

<u>A mid-level manager will get $5251.2 salary.</u>

Explanation:

Control Point = 1544 + 4.72 x Hay Point

=1544 + 4.72 x 600

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Hence,

Actual Salary = ( 120 / 100 ) x 4376

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6 0
3 years ago
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