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4 years ago

An economist most likely spends time studying

2 answers:

8 0

An economist tend to see Economic activities as a whole. So they're most likely spends time studying things such as the ways society uses scarce resources to produce goods or service, or why a producer experience scarcity in obtaining materials

WINSTONCH [101]4 years ago

6 0

Interations between producers and consumers

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Sue's Soup Products uses a process costing system with two processing departments: the Mixing and Cooking Department and the Can

valkas [14]

Answer:

$0.65

Explanation:

The unit cost per can of soup transferred to finished goods warehouse during March is the total manufacturing costs incurred by both Mixing and Cooking department and Canning Department divided by the total number of cans of soup transferred.

Both departments incurred $122,900 in manufacturing costs i.e($113,400+$9,500) while the total number of gallons of soup transferred to finished goods warehouse was 190,000 cans

Unit cost per can of soup=$122,900/190,000=$0.65

6 0

3 years ago

Social Learning Theory holds that: A. Employees learn what not to do by observing their leaders' behavior and its consequences B

alexgriva [62]

Answer:

B. Employees learn what to do by observing their leaders' behavior and its consequences

Explanation:

Social learning theory: In psychology, "social learning theory" is considered as one of the famous learning theory which was proposed by a psychologist named Albert Bandura. Social learning theory states that learning generally occurs through observing the other person. It encompasses that a new behavior is being learned through imitation process.

The main idea associated with social learning theory is that an individual tends to do things what he or she sees.

8 0

3 years ago

Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated

AnnyKZ [126]

Answer:

$15.34

Explanation:

The formula and the computation of the predetermined overhead rate is shown be

Predeterminer overhead rate = Manufacturing overhead ÷ direct labor hours

where,

Manufacturing overhead is

= $359,860 + $8,300

= $368,160

And, the direct labor hours is 24,000

So, the predetermined overhead rate is

= $368,160 ÷ 24,000

= $15.34

4 0

3 years ago

On January 2, 20Y4, Whitworth Company acquired 40% of the

Gelneren [198K]

Answer:

Journal entries needed for:

a. Purchase of stock

b. Share of Aloof income

c. Dividend

d. Sale of Aloof company stock

a. Purchase of stock

Date Account Title Debit Credit

Jan 2, 20Y4 Investment in Aloof company $340,000

stock

Cash $340,000

b. Share of Aloof income

Date Account Title Debit Credit

Dec 31, 2024 Investment in Aloof company $72,000

stock

Income of Aloof Company $72,000

<u>Working:</u>

= 40% * 180,000 income

= $72,000

c. Dividend

Date Account Title Debit Credit

Dec 31, 2024 Cash $4,000

Investment in Aloof company $4,000

stock

<u>Working:</u>

= 40% * 10,000 dividend

= $4,000

d. Sale of stock

Date Account Title Debit Credit

Dec 31, 2024 Cash $405,000

Loss on sales of Aloof $3,000

company stock

Investment in Aloof company $408,000

stock

<u>Working:</u>

Value of stock = Purchase price + share of Aloof income - Share of dividend

= 340,000 + 72,000 - 4,000

= $408,000

6 0

3 years ago

Which is the best option for people who need the items immediately but cannot pay cash now?

professor190 [17]

<h2>Answer</h2>

Buy on Credit

<h3>Explanation</h3>

When in a liquidity problem and items have to be bought, buying on credit seems to be the best option. Buying on credit allows immediate ownership of required items whereas the money can be paid later as per the credit policy and terms. This permits the consumer to take the advantage of item ownership with delayed payment hence double advantage.

7 0

3 years ago

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