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3 years ago

Liabilities are items you own that have value. true false

Business

2 answers:

Mnenie [13.5K]3 years ago

6 0

False, a liability is something you are responsible for, example: you are liable to clean your room.

MariettaO [177]3 years ago

4 0

Answer:

this is false

Explanation:

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All else equal, if there are diminishing returns, then which of the following is true if a country increases its capital by one

Romashka [77]

Answer:

The output will rise by more than it did when the previous unit was added.

Explanation:

7 0

2 years ago

You work for 48 hours at $8.75 an hour and pay 12% in taxes. what is your net pay biweekly?

Gala2k [10]

I think it is $739.20 for two weeks.

6 0

3 years ago

Read 2 more answers

Daily demand for a certain product is normally distributed with a mean of 138 and a standard deviation of 13. The supplier is re

VMariaS [17]

Answer:

A. Continuous review system

B. Order quantity = 2,049 Books

C. Reorder point=987

Explanation:

a. To manage inventory, the company is using CONTINUOUS REVIEW SYSTEM

b. Calculation to find the order quality

Using this formula

Order quantity = √((2DS)/H)

Let plug in the morning

Order quantity=√ ((2 x 49,404 x 17)/0.40)

Order quantity = 2,049 Books

Calculation for annual demand

Annual demand=138*358 days

Annual demand=49,404

C. Calculation for reorder point

First step is to find the σL

73 % S.L. - z = 0.613

Using this formula to find the σL

σL = (Lσ^2)

Let plug in the formula

σL=√(7(13)^2)

σL= 34.39

Second step is to find the Reorder point using this formula

Reorder point = d bar(L) + zσL

Let plug in the formula

Reorder point = (138)(7) + 0.613(34.39)

Reorder point = 966+21

Reorder point=987

4 0

3 years ago

Why is it important to distinguish between unilateral and mutual mistakes?

SVEN [57.7K]

Answer:

The correct answer is because it determines which contracts could be voidable

Explanation:

A unilateral mistake is when just one party to a contract is mistaken as to the terms contained in a contract.

Commonly, the unilateral mistake does not make a contract void; The mutual mistake makes it.

6 0

3 years ago

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The

dlinn [17]

Answer:

Selling price= 240*1.4= $336

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (252,000/30,000) + 2.1

Predetermined manufacturing overhead rate= $10.5 per machine hour

Job T687:

Number of units in the job 10

Total machine-hours 30

Direct materials $ 675

Direct labor cost $1,050

Now, we need to allocate overhead and determine the total cost:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 10.5*30= $315

Total cost= 675 + 1,050 + 315= $2,040

Finally, the unitary cost and selling price:

Unitary cost= 2,040/10= $240

Selling price= 240*1.4= $336

3 0

3 years ago