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kvv77 [185]
3 years ago
8

When you compare prices for high definition televisions at various stores, you are using money as a(n)medium of exchange.standar

d of value.store of value.payment method.unit of currency.
Business
1 answer:
Mila [183]3 years ago
4 0

Answer:

standard of value

Explanation:

The standard of the value permits all types of merchants and the economic entities to set the fix price for the goods and services in order to stable the economy

So as per the given situation since it is mentioned that in the case when you do the comparision for HD television so you are using the money via standard of value

So the same is relevant

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Lorenzo Company uses a job order costing system that charges overhead to jobs on the basis of direct materials cost. At year-end
damaskus [11]

Answer:

a. Overhead Rate = 0.34

b. Direct Labour Cost = $53,820

Explanation:

a.

Overhead Rate based on direct materials is calculated as overhead cost/direct material cost

Overhead Cost = $612,000

Direct Materials Cost = $1,800,000

Overhead Rate = $612,000/$1,800,000

Overhead Rate = 0.34

b.

Given

Total cost of job in process = $90,000

Material Cost of job in process = $27,000

Overhead Applied = $9,180 (0.34% * $27,000)

Direct Labour Cost = Cost of job in process - Material Cost - Overhead Applied

Direct Labour Cost = $90,000 - $27,000 - $9,180

Direct Labour Cost = $53,820

8 0
3 years ago
To retain high-performing engineers, a large semiconductor company provides corporate stock as part of the compensation package.
ki77a [65]

Answer:

class A stocks

Explanation:

in 5 years, class A stock will be worth = $30 x (1 + 6%)⁵ = $40.15

in 5 years, class B stock will be worth = $20 x (1 + 12%)⁵ = $35.25

now we need to determine the present value if each stock:

class A stock present value = $40.15 / (1 + 8%)⁵ = $27.33

class B stock present value = $35.25 / (1 + 8%)⁵ = $23.99

since the present value of class A stock is higher, then the engineers should select that type of stocks.

8 0
3 years ago
Dog Up! Franks is looking at a new sausage system with an installed cost of $460,000. This cost will be depreciated straight-lin
Anton [14]

Answer:

The Net Present Value (NPV) of this project is <u>$93,405.59</u>.

Explanation:

Note: Find attached the excel file for the calculation of the NPV of this project.

Net present value (NPV) refers to the present value of cash inflows minus the present value of cash outflows over a specified period of time.

On its own, present value (PV) refers the value that a future sum of money or stream of cash flows has now or currently given a specified rate of return. The formula for calculating the PV is given as follows:

PV = FV / (1 + r)^n

Where,

FV = Future value

r = discount rate. This is given as 10% in this question

n = Relevant period, e.g. year

The above explanation and formula together with other stated formulae in the attached excel file is used in calculating the NPV of this project.

Download xlsx
7 0
3 years ago
Burns Medicine Shop developed a website where customers could ask the pharmacists questions and could refill prescriptions onlin
Sveta_85 [38]

<u>Answer:</u> Does not require any privacy policy.

<u>Explanation:</u>

Privacy policy is not stated as compulsory under any federal laws and statutes. Under certain circumstances it is important to provide the privacy policy in the website. When collecting information from children for using the websites.

If the website collects the personal information then according to law it has to provide the ways of usage of these information. Burns medicine shop does not collect children information, financial information or identifiable information so it does not require privacy policy according to law.

8 0
3 years ago
Ignatenko Company purchased office supplies costing $5,000 and increased Supplies for the full amount. Supplies on hand at the e
Leto [7]

Answer:

a. Supplies Expense $3,700Supplies $3,700

Explanation:

The entries required when supplies are purchased is

Debit Supplies account

Credit cash/accounts payable

At the point of use of these supplies, the entries required are

Debit  Supplies expense account

Credit supplies account

Hence the supplies used

= $5,000 - $1,300

= $3,700

Entries to be posted to adjust

Debit  Supplies expense account  $3,700

Credit supplies account      $3,700

6 0
3 years ago
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