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3 years ago

In what type of economy do individuals and firms determine what will be produced?

Business

2 answers:

lapo4ka [179]3 years ago

6 0

I think it’s warket hope this helps

Katen [24]3 years ago

5 0

Answer:

market

Explanation:

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Please help me on my homework come on bro

lidiya [134]

Answer:

what

Explanation:

5 0

3 years ago

The following transactions were completed by Daws Company during the current fiscal year ended December 31:

boyakko [2]

Answer:

Explanation:

The T account is presented below:

Allowance for Doubtful Debts

Jan 29 $5,850 Jan 1 Beginning balance $54,200

Aug 9 $11,850 April 18 $4,000

Dec 31 $52,160 Nov 7 $7,000

Dec 31 Unadjusted

balance $4,660

Dec 31 Adjusting entry $64,660

Dec 31 Adjusted balance $60,000

4 0

3 years ago

Crane Company adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $

guajiro [1.7K]

Answer:

See below

Explanation:

Crane corporation

Ending inventory

2019 $1,120,000

2020 $1,271,000/1.08 = $1,176,852

Ending inventory [$1,120,000+ (1,176,852 - $1,120,000)× 1.08]

= [$1,120,000 + $61,400]

= $1,181,400

2021 $1,417,000/1.26 = $1,124,603

2022 $1,623,000/1.31 = $1,238,931

Ending inventory [$1,124,603 + ($114,328 × 1.31)]

= $1,124,603 + $149,770

= $1,274,373

Therefore, the cost of the ending inventory at December 31, 2020 under dollar value LIFO would be $1,274,373

5 0

3 years ago

What is the maximum amount that OSHA can impose as a penalty on an employer for each Willful violation?

lesya [120]

<span>As of 2016, the biggest penalty OSHA can hand out for each willful violation is $126,000. The largest amount previous to that was $70,000. The maximum amount OSHA can collect for repeated violations is also capped at $126,000 as of 2016. OSHA stands for Occupational Safety and Health Administration, and operates as an official agency of the US Department of Labor.</span>

8 0

3 years ago

Under absorption costing a company had the following per unit costs when 10,000 units were produced. Direct labor $ 2 Direct mat

Rudiy27

Answer: Total product cost per unit if 12,500 units = $13.

Explanation:

Given that,

Direct labor = $2

Direct material = $3

Variable overhead = $4

Total variable cost = $9

Fixed overhead ($50,000/10,000 units) = $5

Total product cost per unit = $14

Fixed Overhead at 12500 units = $\frac{50000}{12500}$ = $4

∴ Total product cost per unit if 12,500 units = Total variable cost per unit + Fixed Overhead at 12500 units

= 9 + 4

= $13

6 0

3 years ago