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Elodia [21]
3 years ago
10

The following costs were incurred in May:

Business
1 answer:
galben [10]3 years ago
6 0

Answer:

the conversion cost is $58,200

Explanation:

The computation of the conversion cost is shown below:

The conversion cost is

= Direct Labor + Manufacturing Overhead

= $32,800 + $25,400

= $58,200

Hence, the conversion cost is $58,200

It is the combination of the direct labor and the manfacturing overhead

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TRUE. After explaining a new procedure to her employees, amy asks, "is there anything that wasn't clear?" she is asking this question to encourage feedback.
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4 years ago
If you are an equity investor how do you make money from your investment?
denis23 [38]

Answer:

(C) Selling the investment for more than you paid for it.

Explanation:

The investor can create profits by buying shares at a lowered price and trading them at a greater exchange price. Bonus Problem: If a business is functioning particularly well, it might give available shares to its stockholders. Investors should have a clear knowledge of their maneuvering before buying stock so they understand the best technique to estimate any possible stock purchase.

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3 years ago
The UCC rule that says that a merchant who offers to buy, sell, or lease goods and gives a written and signed assurance on a sep
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The UCC rule says that a merchant who offers to buy, sell, or lease goods and gives a written and signed assurance on a separate form that the offer will be held open cannot revoke the offer for the time stated or if no time is stated, for a reasonable time is referred to as the <u>Firm Offer Rule.</u>

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<h3><u>A Firm Offer: What Is It?</u></h3>

When goods are sold, a firm offer is deemed to have been made when a guarantee to keep the offer open has been signed and the selling merchant meets the requirements for a merchant under the Uniform Commercial Code. Customers frequently ask for a definite offer so they can be certain of their cost over a predetermined period of time. A lot of retailers also request definite offers from their suppliers. Firm offers have a number of benefits, but there is a chance that things could change and the original offer would no longer be appropriate.

For instance, you might not be able to maintain the price you initially proposed due to rising raw material costs or running out of stock.

Only the time period specified in the offer is valid for firm offers. If the offer does not include a deadline, it will be valid for a maximum of three months.

Learn more about the firm offer rule with the help of the given link:

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3 0
2 years ago
Assume the global economy consists of just two trading partners, the United States and Europe. Determine whether each scenario b
lyudmila [28]

Answer:

United States and Europe

Determination of United States having a trade deficit, balanced trade, or a trade surplus:

a. Trade surplus (investment surplus)

b. No effect on trade surplus or deficit

c. Trade surplus

d. Investment surplus

e. Balanced trade

f. Balanced trade

Explanation:

The United States experiences a trade surplus when its exports to Europe is higher than the imports from Europe, whether it is for goods, services, or investments.

On the other hand, the United States will experience a trade deficit when its imports from Europe are more than its export to Europe.

The US and Europe will have some advantages and disadvantages to having a trade deficit or surplus.  When the US experiences a surplus, the exchange rate between the two continents increases in favor of the US.  However, there will a reduction of the competitiveness of the US exports as higher prices will be incurred by Europe for US exports.

3 0
3 years ago
In the case of oligopolistic markets, self-interest makes cooperation difficult and it often leads to an undesirable outcome for
Tanya [424]

Answer: True

Explanation:

An Oligopolistic market is one where the suppliers are very few in number. Cooperation is indeed difficult in such markets as they are motivated by self-interest to try to make more profits than their competitors.

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