1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
just olya [345]
2 years ago
13

Acme, Inc., incurs the following costs during May:

Business
1 answer:
chubhunter [2.5K]2 years ago
8 0

Answer:

Particulars                                            Amount

Raw material used                               $18,600

Add: Direct labor                                 $26,600

<u>Overhead costs</u>

Factory supplies                 $3,100

Plant depreciation              $6,800

Indirect labor                      $8,600

Utilities ($10,600*80%)       <u>$8,480</u>  

Total overhead cost                             <u>$26,980</u>

Total manufacturing costs                 <u>$72,180</u>

You might be interested in
Which statement is true of all transactions?
AnnZ [28]
I’m pretty sure it’s D
5 0
3 years ago
Read 2 more answers
Suppose the government increases spending on public education by $700 million and individual spending on private education drops
stepladder [879]

Suppose the government increases spending on public education by $700 million and individual spending on private education drops by $500 million. this is an example of incomplete crowding out.

<h3>What occurs when government spending rises?</h3>
  • Greater government spending, according to Keynesian economics, improves aggregate demand and consumption, which results in increased production and a quicker exit from recessions.
  • Long-term economic growth is lowered when the size of government is steadily increased.
  • Spending by the government distorts incentives, lowering output and efficiency.
  • These assertions are supported by academic research and supported by relevant economic statistics.

To learn more about recession, refer to the following link:

brainly.com/question/1417711

#SPJ4

6 0
2 years ago
Morgan is moving to a new city. She should consider each of these factors when selecting a new financial institution, except ___
VikaD [51]
I don't think interest rates should matter, try that.
4 0
3 years ago
Read 2 more answers
Devin is, a private investor, purchases $1,000 par value bonds with a 12 percent coupon rate and a 9 percent yield to maturity.
melisa1 [442]
The par value of a bond is the amount issuer promises to pay the bond-holder on the maturity date.

The overall return depends on when the bond was bought.  The closer to the maturity date, the lower the overall return, or yield-to-maturity (YTM).
If the YTM has been quoted as 9%, it means that the effective yield from today to the maturity date is 9%, according to the current price, and accounting for the 12% coupon, if applicable.
So Devin will earn a return of 9%.


5 0
3 years ago
Which of the following statements are true regarding profit-maximizing firms?A.They will attempt to maximize the difference betw
Gennadij [26K]

Answer:

For a profit maximizing firm , the statement that will be true is A) they will attempt to maximize the difference between total revenues and total costs.

Explanation:

The basic formula that is used to calculate profit is  -

Profit = Total revenue - Total cost

Profit maximization is a concept according to which a firm who is looking for maximizing its profits, should choose that optima level of output where its marginal cost ( cost that is incurred because of producing one additional unit of good ) and marginal revenue ( change in revenue because of change in sales ) are same.

When the marginal revenue is greater than the marginal cost , it means that the revenues generated by producing additional quantity of goods is greater than the cost incurred on producing them, so hence we can say that for maximizing profit , a firm would want that the gap between revenue and cost is higher.

4 0
3 years ago
Other questions:
  • Millcorp sells wetsuits for deep sea divers. It recently engineered a new material for its wetsuits to better hold in the wearer
    5·2 answers
  • What is a saturated market like for sellers? A. Consumer demand is higher. B. It contains more available consumers. C. It is mor
    9·2 answers
  • The comparative statements of Wahlberg Company are presented here:Wahlberg CompanyIncome StatementsFor the Years Ended December
    12·1 answer
  • Karolina owns a small diner, where she works full-time in the kitchen. Her total revenue last year was $100,000, and her rent wa
    5·1 answer
  • In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil
    13·1 answer
  • Yankton Company began the year without an investment portfolio. During the year, it purchased investments classified as trading
    5·1 answer
  • Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
    10·1 answer
  • April runs a small shop where she provides a service. She is able to process an average of 11 customers per hour. An average of
    5·1 answer
  • Ethical constraints allow companies to ______. A. Give employees bonuses b. Show employees trust c. Fire employees easily d. Exc
    5·1 answer
  • The fundamental principle of insurance underwriting is that the cost of health care can be predicted for:___.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!