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bazaltina [42]
3 years ago
9

One year of college tuition at a state school is about the same cost as a toyota camry. this is an example of:

Business
2 answers:
Galina-37 [17]3 years ago
7 0

Correct option: real value

The real value is the value of something (any product or service) in terms of other product or service while Nominal value is the value of something in terms of money. Here the value of college tuition which is a service is equal to the cost of Toyota Camry which is a product. Since the value of a service is equal to the value of a product, this is an example of real value.



soldier1979 [14.2K]3 years ago
3 0
I think the correct answer from the choices listed above is the first option. One year of college tuition at a state school is about the same cost as a toyota camry. This is an example of real value. It <span> is nominal </span>value<span> adjusted for inflation. Hope this answers the question.</span>
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Norman Company manufactures customized desks. The following pertains to Job No. 953: Direct materials used $18,800 Direct labor
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Answer:

$40,400

Explanation:

The total manufacturing cost is shown below:

= Direct material used + Direct labor hours worked × Direct labor rate per hour + Machine hours used × Applied factory overhead rate per machine hour

= $18,800 + 600 hours × $16 + 400 hours × $30

= $18,800 + $9,600 + $12,000

= $40,400

The Direct labor hours worked × Direct labor rate per hour is also known as direct labor cost and the  Machine hours used × Applied factory overhead rate per machine hour is also known as factory overhead cost

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3 years ago
In order to convince an organization to adopt security policies, it is necessary for a manager to have some proficiency in _____
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B. soft skills ✅

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3 years ago
What document is necessary to get through the security checkpoints at airports?
jasenka [17]
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3 years ago
The 10% bonds payable of Nixon Company had a net carrying amount of $950,000 on December 31, 2014. The bonds, which had a face v
Rashid [163]

Answer:

The loss is $63,000.

Explanation:

The loss on the retirement of bond is the difference between the retirement value of the bond and the book value of the bond. It is calculated as follows.

Calculation of loss on retirement of bond:

Retirement value of bonds ($1,000,000 x 102 / 100)          $1,020,000

Interest payment ($1,000,000 x 10% x 6/12)                        $50,000

Interest expense ($950,000 x 12% x 6/12)                           $57,000

Amortization of bond discount ($57,000 - $50,000)          $7,000

Debit balance in bond discount ($50,000 - $7,000)           $43,000

Credit balance in accounts payable                                      $1,000,000

Book value of bond ($1,000,000 - $43,000)                        $957,000

Loss on retirement of bond ($1,020,000 - $957,000)       $63,000

7 0
3 years ago
During the fall of 2007, the United States economy began a descent into deep recession. As a result, the federal government and
lara [203]

Answer:

A. the federal government spending more money to build more infrastructure and D. the federal government providing tax refunds to many taxpayers

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8 0
3 years ago
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