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enyata [817]
3 years ago
11

Q 2.16: according to the historical cost principle, if an asset costs $50,000 when it was purchased, it would be recorded at its

________ over the time the asset is held.
Business
1 answer:
liq [111]3 years ago
4 0
According to the historical cost principle, if an asset costs $50,000 when it was purchased, and the one who purchased it still owns the asset today, it will have a higher value than $50,000. If the interest rate is assumed to be 5% for 5 years, the asset will be recorded as $63,814.08.
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The dollars available from each unit of sales to cover fixe
lbvjy [14]

Answer:

False

Explanation:

Variable costs are part of direct expenses incurred in the production of goods meant for sales. Variable costs have a direct and proportionate relationship with the output level. An increase in output level increases variable costs. Examples of variable costs are packaging and raw materials.

The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.

5 0
4 years ago
Recommend ways to deal with the following personalities in the workplace"
Roman55 [17]
1) Know the complaint. Ask what they think is the best solution to resolve the problem. Weigh the pros and cons of their suggestions. If more pros than cons, implement their suggestions. If more cons than pros, ask them to suggest other ways of solving their complaints.
2) Narrow down the choices. Give them shorter time to think and hold them to their decision.
3) Let them share their expertise with others. 
4) Let them share their ideas more. Let them be more involve in team activities so that they will feel that they belong.
5) Give them projects that they can kickstart. That way they will have a way to channel their aggressiveness. Let them be part of team building activities to help them adjust with other people's personalities.
5 0
3 years ago
Your company incurs a cost for factory rentfactory rent​, ​which, in the short​ run, is fixed. What happens to this cost in the
mixas84 [53]

Answer:

A. becomes a variable cost

Explanation:

Fixed costs are the expenses that remain constant in a period. During the period under review, fixed costs do not change regardless of the level of output. Fixed costs are mostly made up of overheads such as rent , depreciation, and administrative salaries.

Fixed cost remains constant in a particular financial year. In the long run,  business budgets and projections tend to change, resulting in changes to the fixed cost. In other words, in the long run, fixed costs will change. Therefore, in the long run, all costs are variable expenses.

5 0
3 years ago
In the buying center, the ______ is the person who selects the supplier and negotiates the purchase while the ______ controls th
eduard

In the buying center, the Buyer exists the individual who selects the supplier and negotiates the purchase while the Gatekeeper manages the flow of information to all other roles.

<h3 /><h3>Who is a buyer?</h3>

A buyer's call exists as an agreement between a buyer and seller in which the purchase of a commodity exists at a characteristic price above a futures contract that exists for the same grade and quantity. A business buyer exists as one who immerses in the purchase or acquisition of a part or the whole business organization. A business buyer can be a person, a group of individuals, or a corporation.

The gatekeeper determines what information should move past them (via the information “gate”) to the group or individuals beyond, and what statement should not. Gatekeepers exist at a high level, data decision makers who manage information flow to a whole social system. Gatekeepers exist as people or policies serving as a go-between, controlling access from one point to another. They may restrict, control or delay access to services. Alternatively, they may also be used to oversee how to work exists being done and whether it satisfies certain standards.

In the buying center, the Buyer exists the individual who selects the supplier and negotiates the purchase while the Gatekeeper manages the flow of information to all other roles.

To learn more about buyer refer to:

brainly.com/question/7126249

#SPJ4

7 0
2 years ago
A pump has failed in a facility that will be completely replaced in 3 years. A brass pump costing $6000 installed will last 3 ye
Kamila [148]

Answer: $7,000

Explanation:

The book value of the pump is the same as the value stated by the accountants.

The accountants are skilled in the field and most probably used accounting assessment techniques which were based on certain assumptions by accounting bodies so their valuation of the pump is to be considered the book value.

8 0
3 years ago
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