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inysia [295]
3 years ago
13

What is a standard cost? a.The total number of units times the budgeted amount expected b.The total amount that appears on the b

udget for product costs Any amount that appears on a budget c.The amount management thinks should be incurred to produce a good or service
Business
1 answer:
Black_prince [1.1K]3 years ago
7 0

Answer:  Option c

                 

Explanation: In simple words, standard cost refers to the estimated amount of resources that an organisation thinks would be incurred to produce a specified amount of goods or service for the product.

These estimates are based on past experiences and future expectations, therefore, these are not certain and have a high chance that a difference will occur in actual performance. These estimates works as a guideline for performance, thus, it is prepared by the top managers of the departments of the entity.

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Jackson Implements, Inc. uses straight-line depreciation for an item of equipment that cost $135,000, had a salvage value of $15
ch4aika [34]

Answer:

the depreciation that should be charged over the useful life each year is $20,000

Explanation:

The computation of the depreciation expense using the straight line method is shown below:

= (Purchase cost of an equipment - residual value) ÷ (useful life)

= ($135,000 - $15,000) ÷ 6 years

= $120,000 ÷ 6 years

= $20,000

hence, the depreciation that should be charged over the useful life each year is $20,000

3 0
3 years ago
The belmont report's principle of respect for persons incorporates at least two ethical convictions: first, that individuals sho
mylen [45]
The Belmont report's principle of respect for persons incorporates at least two ethical convictions:first, that individuals should be treated as autonomous agents, and second, that persons with diminished autonomy are entitled to protection.

Belmont Report (1979) Developed by National Commission for the Protection of Human Subjects of medicine<span> and </span>behavioral analysis<span>. I</span>t's an announcement<span> of basic </span>moral<span> principles and </span>tips<span>. </span>

<span>Easy to </span>browse<span> and succint report </span>wont to<span> guide </span>analysis<span> and </span>guarantee<span> protection of participants</span>
6 0
4 years ago
An exchange-rate policy in which the government usually allows the exchange rate to be set by the market, but sometimes interven
uranmaximum [27]

Answer: Managed Float

Explanation:

Also called "Dirty Float", the Managed float is an exchange rate system that allows for the currency of a country to be set by the forces of demand and supply in the market.

However, unlike in a clean float,  the Central bank will occasionally intervene in the market to influence the how fast the currency is changing value or to control the direction it is going.

This is usually done to protect the domestic economy from sudden shocks in the global economy.

3 0
3 years ago
What is the value of $1000 investment that loses 5% each year for eight years
nadya68 [22]

Answer:

$663.420

Explanation:

The value for the investment is the future of $1000, earning a compound interest of -5% for eight years.

The formula for compound interest is as below.

FV = PV × (1+r)^n

Fv = $1000 x ( 1 + (-5/100)^8

Fv= $1000 x (1 +(-0.05)^8

FV= $1000 x (0.95)^8

Fv=$1000x 0.6634204

Fv=$663.420

The value will be $663.42

8 0
3 years ago
Read 2 more answers
The adoption curve shows that Multiple Choice a. most new products are introduced too slowly. b. the marketing plan for a new pr
Dovator [93]

Answer:

Option C is the correct answer - the adoption curve shows that  some groups accept a new idea before others.

Explanation:

The innovation adoption curve matches the entry of users into various categories. It is used to separate customers based on their readiness to accept new technology or an idea.

Normally, the first set of people to adopt the new idea or the technology are the innovators.

Therefore, option C is the correct answer - the adoption curve shows that  some groups accept a new idea before others.

7 0
3 years ago
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