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goldenfox [79]
3 years ago
6

A decision that involves potential further processing of joint products is which kind of decision? relevant make-or-buy sell-or-

process-further
Business
1 answer:
Rus_ich [418]3 years ago
3 0
<span>A decision that involves potential further processing of joint products is which kind of decision? Sell-or-process-further.  A joint product is when two or more </span>products are manufactured fro the same inputs and processes. Though the items are different, they come from the same manufacturing center and production lines remain the same. 
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1. How is real GDP different from GDP? A. Real GDP takes inflation into account. B. GDP takes inflation into account. C. Real GD
Rudik [331]
B. GDP takes inflation into account.
8 0
3 years ago
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Suppose consumer income increases. If grass seed is a normal good, the equilibrium price of grass seed will (Hint: use what you
s344n2d4d5 [400]

Consumer income has no correlation with the equilibrium price of a product. Thus the price will c. Not change

Explanation:

When the consumer income increases, they will be able to buy a product more if they require it and if they do not require it they are able to spend that money or save it up as they please to.

As equilibrium price of a product is completely dependent upon supply and demand correlation.

The income of the consumer has little to do with it unless a relation between increased income and increased demand is established, there is little evidence to show that there will be a fluctuation in the prices of the grass seed in this case.

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3 years ago
Which of the following organizational forces deals with lobbyists? 
LenaWriter [7]

political

hope this helps :)

3 0
3 years ago
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Which estimating technique uses a statistical relationship to calculate cost or duration based on historical data and other proj
VashaNatasha [74]

Parametric estimation is a  techniques that uses a statistical relationship to calculate cost or duration based on historical data and other project parameters

Parametric estimation is a quantitative method (statisitical relationship) used to estimate the project cost, resources, and duration based on historical data and other project parameters.

Parametric estimation models are used when:

  1. There is precedent
  2. The model is a unit hence can be scaled up
  3. The parameters required are easily quantifiable

While the other options of this question is incorrect because:

b. grass roots estimating

Cost estimation done by the individuals who will be performing the task being estimated.

c. empirical estimating

Estimation method in which the data is obtained using empirical formulas. It is usually based on an amalgamation of historical data, assumptions, guesses, and personal experience.  

d. analogous estimating

Also called top-down estimating, this is a technique that involves comparing previous projects, personal experiences and cursory cross-referencing observed costs to estimate time resources required. This technique is most useful in the absence of quantifiable data.

You can learn more about project estimation at

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3 0
2 years ago
Prior to the beginning of 2019, Lowe Company estimated that it would incur $176,000 of manufacturing overhead cost during 2019,
adelina 88 [10]

Answer:

raw materials 39,000 debit

  accounts payable  39,000 credit

WIP inventory   31,000 debit

factor overhead 11,000 debit

        raw materials               42,000 credit

WIP materials       108,000 debit

factory overhead   27,000 debit

     wages payable              135,000 credit

WIP invenotry   165,000 debit

      factory overhead    165,000 credit

factory overhead   92,000 debit

         accounts payable    92,000 credit

factory overhead 35,000 debit

  cost of goods sold     35,000 credit

Questions:

a. Purchased materials on account, $39,000.

b. Of the total dollar value of materials used, $31,000 represented direct material and $11,000 indirect material.

c. Determined total factory labor, $135,000 (15,000 hrs. @ $9/hr.)

d. Of the factory labor, 80% was direct and 20% indirect.

e. Applied manufacturing overhead based on direct labor hours to work in process.

f. Determined actual manufacturing overhead other than those items already recorded, $92,000. (Credit Accounts Payable.)

Explanation:

<u>predetermined overhead rate:</u>

expected overhead / expeected labor hours

176,000 / 16,000 = $11

applied 15,000 x $11 = 165,000

<u>factory overhead reconciliaiton:</u>

92,000 + 27,000 + 11,000 = 130,000

applied 165,000

overapplied by 35,000

4 0
3 years ago
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