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3 years ago

If a technological advance reduces the amount of variable resources needed to produce any level of output, then the

Business

1 answer:

julsineya [31]3 years ago

7 0

Answer: Marginal Cost curve will shift downward

Explanation:

In a situation whereby technological advance brings about a reduction in the amount of variable resources that are needed for the production of any level of output, then there will be a downward shift of the marginal cost curve.

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Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhe

Maurinko [17]

Answer:

The results are below.

Explanation:

First, we need to calculate the predetermined overhead rate:

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

Predetermined manufacturing overhead rate= 481,250 / 35,000

Predetermined manufacturing overhead rate= $13.75 per direct labor hour

Now, we allocate overhead based on actual hours:

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

Allocated MOH= 13.75*40,000

Allocated MOH= $550,000

Finally, the under/over applied overhead and the closing to cost of goods sold:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 644,000 - 550,000

Underapplied overhead= $94,000

When overhead is underapplied, we need to debit the cost of goods sold.

COGS 94,000

Manufacturing overhead 94,000

7 0

3 years ago

Liability to pay only under certain conditions is what

bija089 [108]

Liability insurance or legal liability

4 0

4 years ago

What is bureaucracy

Gwar [14]

Answer: a form of government in which state authorities, rather than elected members, make the majority of important decisions.

Explanation: hope this helps

4 0

3 years ago

If the government decides to build a new highway, the first step would be to conduct a study to determine the value of the proje

Nikitich [7]

Answer:

D. Cost-benefit analysis

Explanation:

Cost-benefit analysis can be defined as a strategic approach which typically involves measuring and estimating the overall cost of a project, as well as all possible profits to be derived.

This ultimately implies that, the cost-benefit analysis helps business owners or project managers to weigh the benefits associated with a particular project and how to decide on what decisions (actions) to be taken.

Hence, if the government decides to build a new highway, the first step would be to conduct a study to determine the value of the project. Therefore, this study is generally referred to as cost-benefit analysis because involves weighing the incremental benefit against the incremental cost of a decision.

In conclusion, when individuals such as decision-makers or project manager, is implementing and executing a project, it is very essential and important that he does a cost-benefit analysis; by weighing the overall and potential benefits or gains to be derived from that project in comparison with the costs of execution. Thus, when the incremental benefits is greater than the incremental cost of the decision, then it is logical and safe to make the move or do it.

8 0

4 years ago

in the final analysis, how much did the inventory cost burlington? the inventory cost for burlington is

nata0808 [166]

The inventory cost for burlington is $18,278.

Stock or inventory refers to the goods and substances that a commercial enterprise holds for the last purpose of resale, manufacturing or utilisation. stock control is a area primarily approximately specifying the shape and site of stocked goods.

Stock refers to all of the items, goods, merchandise, and substances held by means of an enterprise for selling in the marketplace to earn a profit. example: If a newspaper supplier makes use of a car to supply newspapers to the customers, handiest the newspaper might be taken into consideration stock. The automobile will be handled as an asset.

Learn more about inventory here:brainly.com/question/24868116
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8 0

1 year ago