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3 years ago

Transaction costs are best defined as the

Business

1 answer:

Amiraneli [1.4K]3 years ago

6 0

Answer:

Costs associated with the time and effort necessary to make an exchange.

Explanation:

Transaction cost includes the expenses that have been done for buying a good or service. On checking the different provided options, the correct option will be "c.costs associated with the time and effort necessary to make an exchange."

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The micro-marketing of firms that are production-oriented usually results in a boost in sales and profits. frequently leads to h

Arlecino [84]

The micro marketing of firms that are production oriented USUALLY RESULTS IN A BOOST IN SALES AND PROFITS.
Micro marketing refers to a strategy used by some companies to target a small segment of consumers with specific needs for the products of the company. In micro marketing, all advertisement efforts are targeted at the identified group of consumers. The targeted advertisement usually results in increased sales.

3 0

3 years ago

Think about a country where most economic production results in a ground-shaking explosion that cracks the foundations of buildi

telo118 [61]

Answer:

If the bad results are to be reduced, the trade-off would be that most economic production units would have to be shut down and hence, many people would lose their jobs.

Explanation:

For any activity carried out by humans, there is a certain degree of negative impact or a negative footprint left.
As the income earned by performing a specific activity needs to be spent for the fulfillment of some other activity, in the same way, an activity done to earn has to be naturally coupled with an activity of loss sooner or later.

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4 years ago

Northstar Company uses ABC to account for its chrome wheel manufacturing process.

Gwar [14]

Answer:

Instructions are below.

Explanation:

First, we need to calculate the predetermined overhead rate for each activity:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Materials handling= 12,000/3,000= $4 per part

Machine setup= 3,400/10= $340 per setup

Insertion of parts= 48,000/3,000= $16 per part

Finishing= 80,000/2,000= $40 per finishing direct labor hour

Job 420 used 150 parts, required 2 setups and consumed 100 finishing hours.

Job 510 used 500 parts, required 4 setups and consumed 310 finishing hours.

To allocate costs, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Job 420:

Materials handling= 4*150= $600

Machine setup= 340*2= $680

Insertion of parts= 16*150= $2,400

Finishing= 40*100= $4,000

Total allocated cost= $7,680

Job 510:

Materials handling= 4*500= $2,000

Machine setup= 340*4= $1,360

Insertion of parts= 16*500= $8,000

Finishing= 40*310= $12,400

Total allocated cost= $23,760

6 0

3 years ago

Starbucks is a global company that provides high-quality coffee products. Assume that as part of its expansion strategy, Starbuc

goldenfox [79]

No, there is not any requirement of recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

Given that Starbucks purchased bonds with $ 7 million face value at par for cash on July 1 of the current year and the bonds pay 7 percent interest the following June 30 and December 31 and mature in three years.

We are required to tell whether there is requirement of any recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

A bond is basically a debt security, similar to an IOU and borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When we buy a bond, we are lending to the issuer, which may be a government, municipality, or corporation.

There is not any requirement of any recording when the fair value decreases to $600000 because it is not affecting our books of accounts because in our books they are recorded at face values.

Hence there is not any requirement of recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

Learn more about bonds at brainly.com/question/25965295

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7 0

2 years ago

(TCO 2) An object of interest to the end user is

emmasim [6.3K]

An object of interest to the end user is entity.

Explanation:

An entity is a real world object or thing that has an independent existence. Entity is distinguishable from the other objects. The attributes of an entity are the properties of the entity which make the entity distinguishable from the other objects.

The examples of entity are a car, a book or any other product. A set of an entity is known as the entity set. Entity may be an object with physical existence or it may be with a conceptual existence.

6 0

3 years ago