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kirill [66]
2 years ago
5

A relevant cost ______. Multiple select question. differs between alternatives is always an opportunity cost pertains to the fut

ure will not influence a decision
Business
1 answer:
kvasek [131]2 years ago
3 0

Answer:

pertains to the future

differs between alternatives

Explanation:

Relevant cost can be regarded as term in managerial accounting which gives details of incurred avoidable costs when there is a process of decision making in Businesses, with the Relevant cost process unnecessary data are eliminated. It should be noted that A relevant cost is pertains to the future and differs between alternatives

.

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Qucation
RUDIKE [14]

As a result of the record amount of grapes, the equilibrium price decreases while the equilibrium quantity increases. Please find attached the required graph.

<h3>What is the impact of the record amount of grapes?</h3>

If there is a record amount of grapes produced, the amount of wine produced would increase. This is because grapes are an input used in the production of wine.

As a result, the supply of wine would increase. This would lead to a shift to the right of the supply curve for wine. the equilibrium price decreases while the equilibrium quantity increases.

To learn more about supply curves, please check: brainly.com/question/26073189

3 0
1 year ago
Why is a business plan considered a living document?
steposvetlana [31]

Answer:

Explanation:

A Living Document. A business plan is often referred to as a “living document”. This is because a these plans are constantly changing. Whenever new developments in competition, marketing tools, the legal factors which relate to an industry, or others change a business plan must be updated so as to keep relevant.

3 0
3 years ago
Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. Each
BigorU [14]

Answer:

Refer To The attached screen shot. It contains the Income Statement Prepared under Absorption Costing.

Explanation:

Absorption Costing assumes that the Manufacturing Costs include Direct Material, Direct Labor, Variable Overhead, and Fixed Overhead. Whereas, Selling and Administrative Expenses are classified as period Costs. These period costs are recognized in the period in which they are incurred. On the other hand, the manufacturing costs are recognized when the goods on which the costs were incurred are sold. That's why we don't recognize $78,000 as a Fixed Overhead because these overhead costs were incurred to produce 6,000 rackets. We have to calculate the fixed overhead cost per unit and multiply it with the units sold.

I hope I made it clear. If you have any queries, feel free to contact me.

Thanks.

7 0
3 years ago
On January 1, Year 1, Bryson Company obtained a $147,750, four-year, 7% installment note from Campbell Bank. The note requires a
Charra [1.4K]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

1) The amortization schedule is presented on the attachment below:

2).

Journal Entry

1 Jan Cash A/c      Dr. $147,750  

   To Notes payable A/c      $147,750

(Being the cash received is recorded)

31 Dec   Interest expense A/c    Dr. $10,342.50  

   Notes payable A/c      $33,277.50

 To Cash A/c    $43,620

(Being the annual payment of installment including interest is recorded)

31 Dec   Interest expense A/c    Dr. $8,013.08  

   Notes payable A/c      $33,606.93

 To Cash A/c    $43,620

(Being the annual payment of installment including interest is recorded)

31 Dec   Interest expense A/c    Dr. $5,520.59  

   Notes payable A/c      $38,099.41

 To Cash A/c    $43,620

(Being the annual payment of installment including interest is recorded)

31 Dec   Interest expense A/c    Dr. $2,853.83  

   Notes payable A/c      $40,766.17

 To Cash A/c    $43,620

(Being the annual payment of installment including interest and setting off liabilities is recorded)

3).

                                                            Bryson Company

                                                           Income Statement

Particular  Amount ($)

Revenue  -

Expenses  

Less - Interest expense 10,342.50

Less - Other expenses -

Net Income -  

4 0
3 years ago
A manager must make a decision on shipping. There are two shippers, A and B. Both offer a two-day rate: A for $510 and B for $52
Sveta_85 [38]

Answer:

The supplier should ship 2 days using B as it yields the lowest cost.

Explanation:

Base on the scenario been described in the question, we can use the following method to solve the question

Units 410

Unit price $ 156.00

total cost of product to be shipped = (Unit price * Units) = 410*156 $ 63,960.00

Holding cost = 39% ,39%*63960 $ 24,944.400

Holding cost for 1 day = 24944.40/365 $ 68.341

Shipper A

Alternative Shippping cost Holding days Holding days * Holding cost for 1 day Total cost = Shipping + holding cost

2-Day $ 538.00 2 $ 136.682 $ 674.68

3 day $ 472.00 3 $ 205.022 $ 677.02

9 day $ 406.00 9 $ 615.067 $ 1,021.07

Shipper b

Alternative Shippping cost Holding days Holding days * Holding cost for 1 day Total cost = Shipping + holding cost

2-Day $ 529.00 2 $ 136.682 $ 665.68

4 day $ 455.00 4 $ 273.363 $ 728.36

7 Day $ 428.00 7 $ 478.386 $

5 0
3 years ago
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