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Karolina [17]
3 years ago
7

[The following information applies to the questions displayed below.]

Business
1 answer:
makvit [3.9K]3 years ago
8 0

Answer:

A. Dr Raw meat Inventory 120,000

Cr Cash 120,000

B. Dr Indirect Materials $186,000

Cr Raw Materials $186,000

C. Dr Direct Materials $15,000

Cr Raw Materials $15,000

Explanation:

Preparation for the journal entries for the above transactions for the month of May.

Dr Raw meat Inventory 120,000

Cr Cash 120,000

(Being to record Raw materials purchases for cash)

B. Dr Indirect Materials $186,000

Cr Raw Materials $186,000

($201,000 - 15,000)

C. Dr Direct Materials $15,000

Cr Raw Materials $15,000

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if this economy is currently producing at point c then the opportunity cost of providing 100 additional units of medical care wo
Kisachek [45]

The correct option is:  B.

The opportunity cost of providing 100 additional units of medical care would be 400 warheads.

<h3>What is opportunity cost?</h3>

According to microeconomic theory, an activity's opportunity cost is the value or advantage that would be lost if it were chosen over another that would provide a higher return on investment.

<h3>What is opportunity cost and example?</h3>

When economists speak of a resource's "opportunity cost," they are referring to the cost of the next-highest alternative usage of that resource.

For instance, if you spend time and money going to the movies, you are not allowed to read a book at home during that time or spend the money on anything else.

To know more about opportunity cost visit:

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I understand that the question you are looking for is:

Refer to the figure below. If this economy is currently producing at point C, then the opportunity cost of providing 100 additional units of medical care would be:

Select one:

a. 800 warheads.

b. 400 warheads.

c. 200 warheads.

d. 100 warheads.

3 0
2 years ago
Individuals with the primary responsibility for administering the systems that house the information used by the organization pe
Angelina_Jolie [31]

Answer:

"System administrators" is the right approach.

Explanation:

  • The system administrator seems to be an entity that maintains or operates a multi-standard technology environment and ensuring that Its resources and operating structures operate consistently and optimally.
  • It has been used throughout the broad organization to identify each administrator concerned for such a specialized IT system, including one which services servers.
3 0
4 years ago
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.2 percent indefinitely
mylen [45]

Answer:

$54.35

Explanation:

The computation of the price per share of the common stock is shown below:

= Next year dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $3.23 + $3.23 × 4.2%

= $3.23 + 0.13566

= $3.37

And, the other items would remain the same

So, the price per share is

= $3.37 ÷ (10.4% - 4.2%)

= $3.37 ÷ 6.2%

= $54.35

4 0
3 years ago
Aiello, Inc. had the following inventory in fiscal 2016. The company uses the LIFO method of accounting for inventory. Beginning
quester [9]

Answer:

The correct answer is B. $1,800.00

Explanation:

LIFO Perpetual table is attached.

The table shows purchases, sales and balance of each period.

As the final inventory is 120 units, we suppose the sales of the year.  Applying LIFO,  our ending inventory cost is 120 units, each one at $15

So,  total cost is $1800 (120* 15)

Download xlsx
8 0
3 years ago
Which type of tax is paid by businesses on their profits to federal or state governments?
Anna11 [10]

Answer:

Corporate income tax

Explanation:

A corporate income tax (CIT) is levied by federal and state governments on business profits, which are revenues (what a business makes in sales) minus costs (the cost of doing business).

5 0
3 years ago
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