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3 years ago

Circular errors are caused by adding the cell name of an _________ cell formula?

1 answer:

7 0

The answer is an active cell. A circular reference occurs when a cell in an Excel 2010 worksheet refers to itself.

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A manufacturer of luxury yachts would use which type of costing system?

GaryK [48]

The answer is Job costing. Because Job costing is used for small production of unique products such as yachts.

7 0

3 years ago

Unique Company provided the following budgeted data for July:Direct materials $60,000Direct labor $35,000Overhead $100,000Beginn

Katarina [22]

Answer:

Cost of goods sold = $179,000

Explanation:

The cost of goods sold represent the amount of direct expenditure incurred on the units of goods sold for the period. It is computed as follows

Cost of goods sold = Opening inventory + cost of production - closing inventory

Note that closing inventory represents the value of the goods yet to be sold at the end o the period while opening inventory represent the worth of goods brought forward from the previous period.

Cost of production is the addition of direct material, direct labour and production overhead.

The cost of goods sold for unique production is

Cost of goods sold = Opening inventory + production - closing inventory

cost of gods sold = 20,000 + (60,000 + 35,000 + 100,000) - 36,000

= $179,000

3 0

3 years ago

If we look at the equation for money demand from Irving Fisher, which of the following statements is true?

Juliette [100K]

Answer:

The correct answer is option D.

Explanation:

The money equation given by Irving fisher is popularly known as fisher's equation.

The equation is given as MV=PT

Here, M represents money supply, V is the velocity of money, P is the price level and T refers to the volume of transactions or output level.

The supply of money refers to the quantity of money in existence while the velocity of transactions shows the number of times, money changes hands. Together they show the volume of money in circulation.

P is the average price level and T represents the expenditures on all transactions or, in other words, output level.

Here, V and T are assumed to be constant. This means that the money supply directly affects the price level.

There is no explicit mention of the interest rate in this equation.

So, option D is the correct answer.

6 0

3 years ago

Planning practices are different from organization to organization. do you agree? explain

Snowcat [4.5K]

Answer:

yes I agree

Explanation:

because different organizations manufacture or provide different goods and services so it's not possible for them to have the same planning practices take for instance an organization that deals with the provision of food to refugees and an organization that deals with the manufacturing of goods these two organizations will plan differently on how to go about with there businesses.

I hope this helps

5 0

3 years ago

Mickey is a 12-year-old dialysis patient. Three times a week for the entire year he and his mother, Sue, drive 20 miles one way

gavmur [86]

Answer:

The right approach will be "$ 1123.2".

Explanation:

The number of miles to be used will be:

= $40 \ miles \ round \ trip\times 3 \ trips \ per \ week\times 52 weeks$