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
Degger [83]
3 years ago
7

Classify each of the following items as a final good or an intermediate​ good, and classify the expenditure on each final good a

s consumption expenditure or​ investment:
a. Fertilizer bought by a Florida tomato grower.
b. A haircut bought by a student.
c. New cars bought by Hertz comma the car rental firm.
d.. A new bridge across the creek in the Augusta National Golf Club.
Business
1 answer:
klasskru [66]3 years ago
5 0

Answer:

Classification of Goods

a.           Intermediate good; Investment

b.           Final Good = Consumption

c.           Intermediate good; Investment

d.           Intermediate good = Investment

Explanation:

An intermediate good produces a final good for consumption.  Intermediate goods are used for investment to generate more resources that can be consumed in the future.  A final good, in most cases, does not require further processing.  It is consumed immediately by the buyer.

You might be interested in
To satisfy MSRB disclosure requirements for new municipal issues, a customer would be provided with a copy of the: A legal opini
Lorico [155]

Answer:

B. Official note of sale.

Explanation:

An official note of sale is a disclosure document for new issue municipal bonds. These bonds, when sold by the issuer, must ensure that an officail not of sale is distributed to all purchasers before or at the settlement. The notice of sale is distributed by underwriters.

Cheers.

7 0
4 years ago
During Year 1, Hardy Merchandising Company purchased $20,000 of inventory on account. Hardy sold inventory on account that cost
mel-nik [20]

Answer:

[b] = $ 2500

[c] = $ 7500

[d] =  Gross margin = 22500 – 15000 = $ 7500

   Net Income = 7500 – 4000 = $ 3500

[e] = $ 3500

Explanation:

Here the solution is given as follows,

3 0
3 years ago
James Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two department
GREYUIT [131]

Answer:

Total cost= $9395

Explanation:

Giving the following information:

The company has two departments: Assembly and Sanding.

The Assembly Department:

Departmental overhead rate of $35 per machine hour.

The Sanding Department:

Departmental overhead rate of $20 per direct labor hour.

Job 603:

Direct labor hours used 85

Machine hours used 107

The cost of direct labor is $30 per hour

Direct materials used= $1,400.

Total cost= direct materials + direct labor + manufacturing overhead

Total cost= 1400 + $30*85 + [(107*$35)+(85*$20)]

Total cost= 1400 + 2550 + 5445

Total cost= $9395

6 0
3 years ago
True or false
AleksandrR [38]
Your answer is going to be true.

7 0
3 years ago
Which component of table setting would include the wineglass?
lozanna [386]
The wine glass goes on the left
6 0
3 years ago
Other questions:
  • An income property has a gross annual income of $14,250 and monthly expenses of $300. It has been valued at $147,000. What is th
    9·1 answer
  • Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $302,820, would have a useful life of 7 ye
    6·1 answer
  • What are the four steps of a home inspector
    8·1 answer
  • Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for s
    9·2 answers
  • Suppose that increases in the money supply lead to a rise in stock prices. Does this mean that when you see the money supply has
    12·1 answer
  • Sauder Corporation reports the following information: Net income $380,000 Depreciation expense 70,000 Increase in accounts recei
    5·2 answers
  • "financing activities" Creative Sound Systems sold investments, land, and its own common stock for $35.0 million, $15.5 million,
    9·1 answer
  • Think of the products you use on a daily basis and think of the types of utility. What is a product that you use on a daily basi
    6·1 answer
  • what to nations and businesses use to see how much producing some good will cost them in terms of not producing other goods
    15·1 answer
  • The economic problem means that, both individually and socially, we must make choices and that all choices have costs. Economist
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!