Answer:
B. it cannot adjust the quantity of fixed inputs
Explanation:
The short run is the conceptual time period where at least one factor of production is fixed in amount while other factors are variable in amount.
Fixed costs have no impact on a firm's short run decisions
Answer:
$31,000
Explanation:
Data provided
Cost of goods sold = $29,000
Beginning inventory = $21,000
Ending inventory = $23,000
The computation of inventory purchased during the year is shown below:-
Cost of goods sold = Beginning inventory + Purchase inventory - Ending inventory
$29,000 = $21,000 + Purchase - $23,000
Purchase inventory during the year = $31,000
False. Higher levels of taxation will reduce spending, which will lead to a slower economy and less innovation.
To solve:
Direct marterial cost = $12,000
Direct labor cost = $11,000
Manufacturing overhead = 85% of direct labor cost = $9,350
Add up all of the costs for the total cost of Job No. 110.
$12,000 + $11,000 + $9,350 = $32,350.
Answer:
underwrite
Explanation:
Underwriting involves the process through which an investment banker helps a corporation obtain the funds or capital it requires from financial markets. Investment banks perform several roles in the IPO process, including registering the stock and determine its fair price.
Through underwriting, the investment buys all the stock that a corporation is offering. By underwriting the stock, the investment banker guarantees the corporation that it will get the funds it is seeking. Underwriting is a risky venture. The investment banker buys the stock at a low price and sells them at a higher price to cover the risk and make some profits.
