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Iteru [2.4K]
2 years ago
14

A shopkeeper explains to you that she keeps down the cost of running her business because her husband works in the shop for free

. The consequence of the shopkeeper not paying her husband is that:
Business
1 answer:
True [87]2 years ago
3 0

Answer:

explicit cost is kept down, but not the implicit

Explanation:

As we know that there is two cost i.e. explicit cost and the other one is implict cost. The explicit cost is the cost that are spent like out of pocket expenses i.e. salaries & wages, etc. On the other hand the implicit cost is the cost that are spent on diversifying the business

Now as per the given situation, the above is the answer and also the explicit costs are classified into fixed and variable costs while doing the business

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Marshall Welding Company has two service departments (Cafeteria and Human Resources) and two production departments (Machining a
Serhud [2]

Answer:

the  cost of Human Resources would be allocated to Machining is $480,000

Explanation:

The computation of the cost of Human Resources would be allocated to Machining is given below:

= Cost of the human resource × machining department ÷ (machining department + assembly department)

= $1,200,000 × 100 ÷ (100 +  150)

= $480,000

hence, the  cost of Human Resources would be allocated to Machining is $480,000

5 0
3 years ago
For a given company, total assets are $260,000, current liabilities are $10,000, long-term liabilities are $60,000, common stock
VLD [36.1K]
1. $140,000

2.$120,000

3.$190,000

4.$110,000

5.$160,000
3.$190,000
4 0
3 years ago
. Suppose you own a bookstore. You believe that you can sell 40 copies per day of the latest John Grisham novel when the price i
Iteru [2.4K]

Answer:

PED = 0.67 inelastic demand

you should not lower the price of the book

Explanation:

the midpoint formula for calculating price elasticity of demand = {(Q2 - Q1) / [(Q2 + Q1) / 2]} /  {(P2 - P1) / [(P2 + P1) / 2]}

PED = {(50 - 40) / [(50 + 40) / 2]} /  {(25 - 35) / [(25 + 35) / 2]} = [10 / (90 / 2)] /  [-10 / (60 / 2)] = (10 / 45) / (-10 / 30) = 0.222 / -0.333 = 0.67

the PED = 0.67 which means that the demand is inelastic

if you lower the price of the book, the increase in number of books sold will be proportionally lower than decrease in price, so you will lose money by doing that.

7 0
3 years ago
Cameron and Drake are making plans for Saturday. Cameron wants to go bowling. Drake does not bowl well and prefers to shoot hoop
mylen [45]
Compromising
because he thought of Drake instead of making him go bowling   
6 0
3 years ago
Read 2 more answers
The Brenneman Company's direct materials budget shows total cost of direct materials purchases for January $125,000, February $1
Mrac [35]

Answer:

C) $165,000

Explanation:

To determine the total amount that Brenneman has to pay during March, we have to first calculate the percentage owed from February and March:

Total purchases during February $150,000 x 40% (percentage due in March)  = $60,000

Total purchases during March $175,000 x 60% (percentage due in March)  = $105,000

Total payments due in March = $60,000 + $105,000 = $165,000

8 0
2 years ago
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