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3 years ago

Any given demand or supply curve is based on the ceteris paribus assumption that ___________________.

Business

1 answer:

Naily [24]3 years ago

8 0

Answer:

All else is help equal, is the right answer.

Explanation:

“All else is help equal” is the correct answer because the demand curve is downward sloping and the supply curve is upward sloping. Here, the relationship between the price and demand is negative that means a rise in price leads to a fall in demand or vice versa. Similarly, in the case of supply, the price and supply are positively related that means a rise in price leads to a rise in supply or a fall in price lead to a fall in supply.

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Penelope has $1,459.75 in her bank account. to pay her bills, she writes 4 checks for $200.25, $359.45, $125, and $299.35. then

aleksklad [387]

$1,459.75-($200.25+$359.45+$125+$299.35)+$375=$850.7
Penelpe's account is $850.7 after all operations she provide.

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4 years ago

2 The link that distributes a product from a supplier to the consumer is afn)

GenaCL600 [577]

The answer to this question is D

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3 years ago

Applying activity-based costing LO P1, P3, A1, A2, C3 [The following information applies to the questions displayed below.] Craf

Ad libitum [116K]

Answer:

Craft Pro Machining

Activity Rate= Activity Cos/ Cost Driver

Production Activities Cost Drivers Activity Rate

Grinding $ 320,000 13,000 machine hours 24.615per machine hour

Polishing $ 135,000 13,000 machine hours 10.38 per ,machine hour

Product modification 600,000 1,500 engineering hours 400 per eng. hour

Providing power $ 255,000 17,000 direct labor hours 15 per DLH

System calibration 500,000 400 batches 1250 per batch

Working:

Job 3175 Job 4286

Number of units 200 units 2,500 units

Machine hours 550 MH 5,500 MH

Engineering hours 26 eng.hours 32 eng.hours

Batches 30 batches 90 batches

Direct labor hours 500 DLH 4,375 DLH

Job 3175 Job 4286

Number of units 200 units 2,500 units

Grinding & Polishing 19247.25 192472.5

Product modification 10400 12800

System calibration 37500 112500

Providing power 7500 65625

Total Costs $ 74,647.25 $ 383,397.5 

The overhead cost per unit for Job 3175 = $ 74,647.25 /200=$ 373.24

The overhead cost per unit for Job 4286= $ 383,397.5/2,500= $ 153.36

6 0

4 years ago

The Office Supplies account had a balance at the beginning of year 3 of $4,000 (before the reversing entry). Payments for purcha

snow_lady [41]

Answer:

a. Office Supplies Expense a/c Dr. $750

Explanation:

We are provided that office supplies are recorded as an expense, in that case entry will be:

Office Supplies Expense A/c Dr.

To Cash A/c

After this, there is a valuation of closing balance of supplies in hand.

As per books = $4,000

As per inventory of supplies in hand = $4,750

The difference = $4,750 - $4,000 = $750

This will be recorded in Office supplies expense as in this account only the supplies are recorded.

Therefore correct option is

a. Office Supplies Expense a/c Dr. $750

4 0

3 years ago

A company had average total assets of $937,000. Its gross sales were $1, 099,000 and its net sales were $960,000. The company's

Sergio039 [100]

Answer:

The answer is 1.02

Explanation:

Asset turnover is an effiency ratio and it measures the how efficient a company is using its asset to generate profit.

The formula is Revenue or net sales / total asset

Revenue or net sales = $960,000

Total asset = $937,000

$960,000/$937,000

= 1.02

This ratio means that for every dollar in assets, the company generates $1.02

3 0

3 years ago