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Keith_Richards [23]
3 years ago
10

Suppose Bev's Bags makes two kinds of handbags--large and small. Bev rents an industrial space where she keeps the fabric, the i

ndustrial sewing machine, her measuring board and cutting shears, extra needles, thread and buttons, and labels. If Bev were to produce no bags, what would her variable cost included?
Business
1 answer:
konstantin123 [22]3 years ago
7 0

Answer: Zero

Explanation: As per the subject matter of cost accounting and economics. Variable cost can be defined as the cost which changes its level with the level of output produced unlike fixed cost which remain constant at all levels.

Electricity bill, raw materials and packaging are some common examples of variable cost.

So from the above explanation we can conclude that if Bev produce no bags there variable cost would be zero.

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Q 6.30: Rollins Technology is determining ending inventory. In the inventory process, Rollins inadvertently miscategorized a $9,
Musya8 [376]

Answer:

Rollins Technology should the $9,600 inventory to the value of their inventory count

Explanation:

FOB destination means the goods become the buyer's when they are at delivery point,which means that until then they are goods of Rollins Technology

Mis-categorizing such goods as FOB shipping point implies that they were assumed to belong to the owners once shipped,all that is required is for the company to restate the value of the goods in transit by adding it back to the its inventory.

5 0
2 years ago
In the Keynesian model, a $1 billion increase in autonomous consumption leads to ______ in equilibrium output.
egoroff_w [7]

Answer: A greater than $1 billion increase

Explanation: According to the Keynesian Model which says that government should increase demand to boost growth.

Keynesian believes that Government spending on infrastructure, unemployment benefits, and education will increase consumer demand. They also believe that consumer demand is the primary driving force in an economy.

4 0
2 years ago
Bramble Corp. has the following accounts at December 31: Common Stock, $11 par, 5,450 shares issued, $59,950; Paid-in Capital in
bonufazy [111]

Answer:

$127,700

Explanation:

Bramble Corp stockholders’ equity section of the balance sheet

Stockholders’ equity

Paid-in Capital

Capital Stock

Common Stock 59,950

Additional Paid-in Stock

Paid-in Capital in Excess of Par Common Stock 33,400

Total paid in Capital 93,350

Retained Earnings 47,000

Total paid in Capital and Retained Earnings 140,350

(93,350+47,000)

LessTreasury Stock 12,650

Total Stockholders’ equity 127,700

(140,350-12,650)

6 0
3 years ago
Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with
vekshin1

Answer:

59,700 units

Explanation:

The computation of the equivalent units for the conversion cost is shown below:

= Opening work in process units × completion percentage + units started and completed × completion percentage + ending work in process units  × completion percentage

= 4,600 units × 100% + 36,500 units × 100% + 31,000 units × 60%

= 4,600 units + 36,500 units + 18,600 units

= 59,700 units

6 0
3 years ago
HOW DO I GET A GIRL TO LIKE ME HURRY BEFORE THE QUESTION GETS DELETED
antiseptic1488 [7]

Answer:

Tell her that it will take a very long time

Explanation:

3 0
2 years ago
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