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Vesna [10]
2 years ago
6

Answer the following questions using the information below: Cannady produces six products. Under their traditional cost system u

sing one cost driver, SR6 costs $168.00 per unit. An analysis of the activities and their costs revealed that three cost drivers would be used under the new ABC system. The new cost of SR6 was determined to be $178.00 per unit. Given this change in the cost ________.
Business
1 answer:
vampirchik [111]2 years ago
8 0

Answer:

Given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

Explanation:

A cost driver can be described as the unit of an activity or any factor that makes the cost of an activity to fluctuate. An estimated cost driver is adequate and of the expected quality when quality or quantity is satisfactory or acceptable.

Therefore, given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

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An increase in the stock of capital makes the aggregate productionfunction:a. steeper.b. flatter.c. shift up.d. shift down.e. st
ehidna [41]

Answer:

The correct answer is option c.

Explanation:

The aggregate production function shows the relationship between the total economic output and the amount of inputs used.

Keeping other things constant, an increase in the stock of capital will cause the the production function to move upwards. This shows that the economy will be able to produce more output.

5 0
3 years ago
It is generally recognized that the spending habits of individuals changes over their lives. In general, young adults tend to sp
ki77a [65]

Answer:

1. more

2. less

3. borrowing

4. past savings

Explanation:

It is generally recognized that the spending habits of individuals changes over their lives. In general, young adults tend to spend <u>more</u> than they earn, while older adults tend to spend <u>less</u>. To accommodate their spending habits, young adults tend to rely on funds raised from <u>borrowing </u>. Retired adults, in contrast, tend to rely on <u>past savings</u> to cover the frequent shortage between their current expenditures and their current incomes.

4 0
3 years ago
The Yamaha Aggressive Growth Fund has an expense ratio of 1.83 percent. If you invest $58,500 in this fund, what is the dollar a
astra-53 [7]

Answer:

$1070.55

Explanation:

Expense ratio is the fee charged by fund managers for managing your investment.

so if you invest $58,500 assuming no return this year, the fee deductible would be simply 1.83% of $58,500

This amounts to $1070.55

Hope this helps.

3 0
3 years ago
What is the name of the economic system where the government, or another central administration, regulates supply and prices?
MrMuchimi
It is called centrally-planned economy or command economy 
5 0
3 years ago
Cynthia, a copy editor at a leading daily newspaper, wants one month's leave from work. Because of tight deadlines, her supervis
Mashutka [201]

Answer:

valence

Explanation:

Based on the information provided within the question it can be said that this scenario best illustrates the factor of valence. In the context of psychology this term refers to the attractiveness or adverseness of a situation, event or object. Which in this case would be Cynthia's one month leave, which depending on which perspective you take (Cynthia's or her Boss') it may either be viewed as good or bad.

8 0
3 years ago
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