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2 years ago

PLEASE HURRY

Business

2 answers:

tankabanditka [31]2 years ago

8 0

Answer:

C Wage

Explanation:

Wage is compensation paid per hour worked. The term wage is most applicable to piecemeal jobs. Wage is usually paid per hour, per day, per week, or a piece of work completed.

Wage differs from salary in that salary is a fixed amount of compensation paid after the lapse of an agreed time, mostly monthly. Wage is not a fixed amount but depends on the hours worked or the amount of work done.

tiny-mole [99]2 years ago

6 0

Answer:

Explanation:

i took test 80% -w- lol

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Raleigh Co. has the following products in its ending inventory. Compute the lower of cost or market total for inventory applied

Flura [38]

Answer:

c. $2,018.00

Explanation:

Lower of cost or market is the inventory valuation method which requires to record the inventory at a value lower of

Initial cost of inventory ( Manufacturing cost or Purchasing cost )
Market value of the Inventory ( Net realizable value of the market )

Product__Quantity__Cost per unit__Market per unit___ Lower ____Value

Jelly _____150 ______$2.00 ______2.15___________ $2.00____ $300

Jam _____ 370 _____ $2.65 ______2.50 __________ $2.50 ____ $925

Marmalade 260 _____ $3.10 ______3.05 __________ $3.05 ____ $793

Total Value ___________________________________________$2,018

6 0

3 years ago

In voluntary exchange, if the seller of a product gains,

Ber [7]

The answer to this question is C. The buyer must also gain; Mutual gain provides the foundation for exchange.

6 0

3 years ago

The Cutting Department at Blanc Company had beginning work in process inventory of 4,000 units, transferred out 9,000 units, and

Alecsey [184]

Answer:

The number of units started into production is 7,000.

Explanation:

Number of units started into production = Units transferred out + units of ending work in process - units of beginning work in process

= 9,000 + 2,000 - 4,000

= 7,000

7 0

3 years ago

The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-

sladkih [1.3K]

Answer:

Results are below.

Explanation:

First, we need to calculate the break-even point in units with the desired profit:

Desired profit= $109,000

Break-even point (units)= (Total fixed costs + desired profit) / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (145*0.8 + 197*0.2) - (75*0.8 + 87*0.2)

Weighted average contribution margin= $78

Break-even point (units)= (827,000 + 109,000) / 78

Break-even point (units)= 12,000

For each product:

Nylon= 12,000*0.8= 9,600

Wool= 12,000*0.2= 2,400

Finally, the contribution margin income statement:

Sales= (9,600*145 + 2,400*197)= 1,864,800

Total variable cost= (9,600*75 + 2,400*87)= (928,800)

Contribution margin= 936,000

Fixed costs= (827,000)

Net operating income= 109,000

7 0

3 years ago

average fixed costs a. will always increase as output increases. b. are defined as the change in total costs divided by the chan

enyata [817]

Answer:

<h2>The Average cost usually decreases as the output expands.Hence,the answer in this case would be option c. or will always decrease as output expands.</h2>

Explanation:

Fixed costs or expenses of production refers to those that are fixed or constant through out the production process or does not depend on the changes or adjustments in the actual output or production level.
Some of the common examples of fixed cost of production include building rent,utility bills,land rent,insurance and interest payments.Note that these costs and expenses are fixed and unchanged and any firm or company has to pay them regardless of the production or output level.
Now,since the average fixed cost of production is calculated by dividing the total fixed cost of production by the quantity of output produced by the firm at any particular period of time,the average fixed cost of production will decrease.As the output expands the denominator of the average fixed cost formula will increase but note that the numerator of the formula or the total fixed cost of production will always remain constant.Therefore,the average cost of production keeps decreasing with an increase in output or production level,signifying economies of scale.

6 0

3 years ago