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Elena-2011 [213]
3 years ago
10

Which of the concepts below is a characteristic of a Veblen good?

Business
1 answer:
Aleonysh [2.5K]3 years ago
3 0

Answer:

The answer is B I think

Explanation:

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Khrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning
zloy xaker [14]

Answer: A.) $32.64 per machine hour

Explanation:

Given the following :

Estimated machine hours = 41,000 machine hours

Estimated variable manufacturing overhead = $4.16 per machine hour

Estimated total fixed manufacturing overhead = $1,167,680

Total Estimated manufacturing overhead :

(Estimated total variable manufacturing overhead + Estimated total fixed manufacturing overhead)

Estimated total variable manufacturing overhead:

$4.16 × estimated hours

= $4.16 × 41,000

= $170560

Total Estimated manufacturing overhead :

$170560 + $1,167,680 = $1338240

Hence,

Predetermined overhead rate :

Total Estimated manufacturing overhead / estimated hours

= $1338240 / 41000

=$32.64

4 0
3 years ago
Greg Jewell read about several companies that were performing relatively well despite the current recession. Stocks like these,
poizon [28]

Answer:

C) defensive

Explanation:

Defensive stocks are stocks that generally perform well during economic recessions. In other words, their price is not related to the market tendency. Even if the market goes down, their price remains stable. Generally companies that sell products with a constant demand are considered defensive stocks, e.g. Costco, Target, Walmart, utilities (all, electric, gas, water), etc.

7 0
3 years ago
The market value of any real or financial asset, including stocks, bonds, or art work purchased in hope of selling it at a profi
HACTEHA [7]

Answer: False

Explanation:

These are financial assets that has existing market invariably there prices are determined by market forces.

Discounting flows refers to project that are to produce inflows into the future the discount helps to determine the present value of the future inflows.

6 0
3 years ago
According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to bo
professor190 [17]

The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True .

Option a

<u> Explanation: </u>

To thrive in the competitive world of business one has to have ethics in doing business.  By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.

From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.

Even though the project are genuine but the moral responsibility in reporting revenues  to the investors take taken a dent by doing an unethical thing.

6 0
2 years ago
After a job interview, you should _____.
Lera25 [3.4K]
You should call back to check on your application progression. (but not immediately after) I hope this helps!
7 0
3 years ago
Read 2 more answers
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