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Bezzdna [24]
3 years ago
11

The physical units method of joint cost allocation allocates costs based on a.the estimated selling price of the various finishe

d products minus the costs to sell the products. b.the market values of the various finished products. c.a weight factor multiplied by physical units. d.an objective, quantitative metric such as pounds, square feet, or gallons.
Business
1 answer:
Hatshy [7]3 years ago
6 0

Answer:

d. an objective, quantitative metric such as pounds, square feet, or gallons.

Explanation:

In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production. The various type of costs are;

1. Product cost is the expenses incurred when a product is sold.

2. Period cost refers to the period in which costs are incurred.

3. Fixed cost refers to costs that remains constant over variations in production activity, irrespective of amount of goods.

3. Variable cost refers to cost which are the same per unit of production but vary directly with level of output.

4. Direct costs refer to the costs that are peculiar to a particular department or area while indirect cost can't be traced to any.

5. Manufacturing overhead are all indirect cost required in producing a good that isn't associated with direct materials or direct labor.

Generally, the physical units method of joint cost allocation allocates costs based on an objective, quantitative metric such as pounds, square feet, or gallons.

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Family planning is the major point so as to reduce birth rate in the country immigration and emigration
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2 years ago
1. Under the system of awarding damages for bodily injury, death, or damage to property based upon the negligence of a driver, v
svetlana [45]

Answer:

Pay

Explanation:

Auto liability insurance helps offset the costs of bodily injuries and property damages to the other driver. The principle applies if you are the one at fault in the of an accident.

Auto liability insurance coverage is mandatory by law. It covers the medical expenses of the other party. In some circumstances, it may cover lost wages and legal fees in case the other party files a lawsuit. It also covers the repair or replacement cost of the other drivers' car.

4 0
3 years ago
Uppose a price floor on sparkling wine is proposed by the Health Minister of the country ofVinyardia. What will be the likely ef
Gekata [30.6K]

Answer:

C) Quantity demanded will decrease, quantity supplied will increase, and a surplus will result

Explanation:

Price floor is the least amount a good or service can be sold. A price floor is usually set above equilibrium price.

When a price floor is enacted, it usually discourages demand because prices are usually set higher and encourages supply.

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I hope my answer helps you.

6 0
3 years ago
Recently, the level of gdp has declined by $60 billion in an economy where the marginal propensity to consume is 0.75. aggregate
Paha777 [63]

Answer:

a. $45 billion.

Explanation:

The aggregate expenditures must have fallen by = 0.75*$65 billion

                                                                                   = $45 billion

Therefore, The aggregate expenditures must have fallen by $45 billion.

8 0
3 years ago
Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $550,000. In addition to the purchase price, FVI makes the followi
maw [93]

Answer:

Land 594,500

Explanation:

We must include all cost necessary to acquire the land and lelave it ready to use.

But, the demolition cost are associate with the old warehouse thus, as thsis asset is being destroyed It will be considered period cost, It will not be capitalized through land.

Acquisition cost    550,000

broker commission 35,000

title insurance            2,500

closing cost       <u>         7,000   </u>

Total cost               594,500

8 0
3 years ago
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