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3 years ago

Which costs will change with a decrease in activity within the relevant range? Select one:

Business

1 answer:

Harman [31]3 years ago

6 0

Answer:

The correct answer is option b.

Explanation:

The fixed costs refer to that part of the cost of production which is not affected by the volume of activity. The total fixed cost remains constant in the entire production process.

The fixed cost per unit is the ratio of total fixed costs and the level of output. It increases with a decrease in level of activity.

The variable cost is the cost incurred on the variable inputs employed in the process of production. As the level of activity declines the number of variable factors employed will also decline. This will cause the total variable cost to decrease.

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Most successful small online businesses that sell products have inventories that share one common characteristic: ____.

viktelen [127]

Answer:

The correct answer to the following question is that the common characteristic among small online business is of high value to weight ratio.

Explanation:

A value to weight ratio represents the monetary value of a product in terms of pound or kilogram . This factor is really important in determining how the product would be shipped to the market. A high value to weight ratio means that the product that is being shipped is expensive and it doesn't weight a lot , so the shipping cost on it would be low . So it would be better to produce such products at one place and ship all of them from there.

8 0

3 years ago

PNW, LLC purchased equipment, a building, and land for one price of $6,050,500. The estimated fair values of the equipment, buil

umka2103 [35]

Answer:

$4235350.

Explanation:

Given: Estimated fair value of the equipment= $1000000.

Estimated fair value of the building= $7000000.

Estimated fair value of the land= $2000000.

One Purchase price of equipment, building and land= $6050500.

First finding the allocated percentage share of building.

Total amount shared by building, land and equipments= $\$ 1000000+\$7000000+\$ 2000000$

∴ Total amount shared by building, land and equipments= $\$ 10000000$

Allocated percentage share of building= $\frac{Estimated\ fair\ price\ of\ building}{Total\ amount\ shared} \times 100$

⇒ Allocated percentage share of building= $\frac{7000000}{10000000}\times 100$

∴ Allocated percentage share of building= $70\%$

Now, calculating amount would the company record the building.

Amount recorded for the building= $70\% \times \$ 6050500$

⇒ Amount recorded for the building= $\frac{70}{100} \times 6050500$

∴ Amount recorded for the building= $\$ 4235350$ .

Hence, amount that company would record for building is $4235350.

8 0

3 years ago

What is diminishing marginal returns?

Bumek [7]

In economics, diminishing returns is the decrease in the marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant.

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3 years ago

Statement on Standards for Tax Services No. 1 establishes as a basic principle of providing tax services that the CPA:a. Must ha

ipn [44]

Answer:

a. Must have a good faith belief that the tax return position will be accepted by the IRS.

Explanation:

Certified Public Accountant (CPA) is a term used to refer to the state title of approved accountants in the Uniform Certified Public Accountant Examination. The CPA allows these professionals to issue opinion statements in financial reports, following a few rules. For example, the Tax Services Standards Statement No. 1 states that a basic principle of the provision of tax services that the CPA has is to have a good faith belief that the tax return position will be accepted by the IRS.

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3 years ago

QUESTION 1

babunello [35]

1.) A
2.) True
3.) False
4.) C
5.) C
6.) True
7.) True
8.) C
9.) True
10.) True

5 0

3 years ago