Answer:
increase, decrease
Explanation:
In simple words, when the tax was imposed on the product the company will ultimately bear it to the final consumer which means the price will rise. However when the price of the product rises the demand for that product decreases due to the fact that many individuals would not be able to buy it now from their limited income, this phenomenon is called price elasticity due to income.
Answer:
The answer is "$11,480".
Explanation:
Calculate the benefit as illustrated below:
Recovery of costs approved Recovery costs approved
Year-1 $16,000 $8,000
Year-2 $9,600 $12,800
Year-3 $5,760 $7,680
Total cost $40,000
Making a reference to: Cause great costs allowed or permitted
Year-1 $16,000
Year-2 $12,800
Year-3 $7,680 $36,480
Adjusted basis $3,520
Formula:
Recognized Gain = Residual value - Adjusted basis
The right answer for the question that is being asked and shown above is that: "B. debit to Sales Returns and Allowances for $125.00. " Five necklaceswere returned prior to payment. The entry to record the return would include a B. debit to Sales Returns and Allowances for $125.00.
Answer:
d. fourth
Explanation:
Activity-based costing involves the following steps:
-First step: establish the activities that use resources and assign the costs to them.
-Second step: identify what causes the costs in each activity and this would be the allocation base.
-Third step: find an activity rate.
-Fourth step: assign costs to the products according to the activity usage by the product.
According to this, the answer is that during the fourth step in activity-based costing, overhead costs in each activity cost pool are assigned to products.
Answer:
mean sorry but I am new here
