Answer:
The correct answer is: feasible and efficient.
Explanation:
The production possibility curve or frontier shows the different bundles or combinations of two goods that be produced using the given resources and state of technology.
All the points on the production possibilities curve represent the combinations that are feasible and efficient.
The points below the curve show the points that are feasible but inefficient.
The points above the curve show the points that cannot be attained using the given level or resources and technology.
Answer:
Explanation:
The preparation of the income statement is presented below using the generally accepted accounting Principles (GAAP) :
Sales $176,000
Less: Cost of goods sold ($97,200) ($54,000 + $43,200)
Gross margin $78,800
Less: Selling and administrative cost ($31,000) ($17,200 + $13,800)
Net income $47,800
Hence, we considered all the given information
Answer:
after college hope it help :)
Explanation:
Answer:
$13,800
Explanation:
Static budget report for the second quarter and for the year to date
PRODUCT LINE: BUDGET; ACTUAL; DIFFERENCE; REMARK
Guitar:The Edge 380,800 394,600
13,800 favorable
Production line = Guitar:The Edge
Budget =$380,800
Actual=394,600
Difference = 13,800
Remark : Favorable
Answer: Code of ethics
Explanation: Code of ethics refers to the set of principles that guides the professionals to conduct their activities in an ethical manner. A professional can use a code of ethics when ethical dilemma arises during his job.
It assists the organizations and its members to understand the difference between right and wrong, and helping them to make ethical decisions.
Hence from the above explanation we can conclude that the correct answer is code of ethics.
