The answer is expert power.
Answer: Sales commissions, promotional budget, and product development costs
Explanation:
Hi, the variable costs are Sales commissions, promotional budget, and product development costs, because they depend on the number of sales, or the production. These costs will increase or decrease depending on the sales and production volume.
Office rent and office sales are invariable costs, it doesn’t matter the amount of sales or the production, they don't increase of decrease because of it. They remain the same (fixed costs).
Feel free to ask for more if needed or if you did not understand something.
Answer:
B. $53,600
Explanation:
beginning 0
completed 8,000
WIP 2,000 at 100% materials 50% conversion cost
<u>Materials </u>
Equivalent Units units complete + complete portion of ending WIP
8,000 + 2,000 x 100% = 10,000
Cost per unit 27,000/10,000 = 2.7
<u>Conversion cost</u>
Equivalent Units units complete + complete portion of ending WIP
8,000 + 2,000 x 50% = 9,000
Cost per unit 36,000/9,000 = 4
<u>Total cost per equivalent unit </u> Materials + CC
2.7 + 4 = 6.7
Transferred-out
8,000 x 6.7 = 53,600
Answer:
The correct choice is allocative efficiency : marginal costs
Explanation:
In perfect competition if firms produce where P=MC they ensure allocative efficiency because the social benefits of production as measured by the price that people are willing to pay, are in balance with the Marginal costs to society of that production.
Perfect competition calls for allocative efficiency.
Allocative efficiency is a state of the economy in which production represents consumer preferences. That means every good or service is produced up to the point where the last unit provides a marginal benefit to consumers equal to the marginal cost of producing.
Answer:
Explanation:
The preparation of the schedule of accounts to payable for Bioplast Jewelry, Inc., as of January 31, 2019 is shown below:
Schedule of Accounts payable
Evans Enterprises $2,300 ($2,600 - $300)
Stamos Distributors $3,700 ($4,100 - $400)
Tonetta Company $2,900
Total $8,900
Yes, the total of accounts payable agrees and equal to the balance of the accounts payable account as each account payable is closed to the account payable control account