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Usimov [2.4K]
3 years ago
5

Historically, coins and paper money complicated the exchange process. a. True b. False

Business
1 answer:
Salsk061 [2.6K]3 years ago
6 0
False. They made it easier.
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Vijay Company reports the following information regarding its production costs. Direct materials $ 10 per unit Direct labor $ 20
kirill115 [55]

Answer:

Unitary variable cost= $40

Total variable cost= $800,000

Explanation:

Giving the following information:

Direct materials $ 10 per unit

Direct labor $ 20 per unit

Overhead costs for the year Variable overhead $ 10 per unit

Fixed overhead $ 160,000

Units produced 20,000 units

Unitary variable cost= direct material + direct labor + manufacturing overhead= 10 + 20 + 10= $40

Total variable cost= 20000units* 40= $800,000

7 0
3 years ago
Read 2 more answers
Archie Co. purchased a framing machine for $60,000 on January 1, 2021. The machine is expected to have a four-year life, with a
horrorfan [7]

Answer:

$16,500

Explanation:

Depreciation is a method used in expensing the cost of an asset.

sum-of-the years'-digits method = (useful life remaining / sum of years) x (cost of asset - residual value)

sum of the years  = 1 + 2 + 3 + 4 = 10

(3 / 10) x ($60,000 - $5,000) = $16,500

3 0
3 years ago
Kenneth is a stock trader whose main duty is to advise companies on what stock to buy or sell. What task my Kenneth perform as a
solniwko [45]

The task that Kenneth may perform as a part of his job is: B . research stock price histories.

<h3>Who is a stock trader?</h3>
  • A stock trader is a person who trades equities and securities with the intention of making profits from them. For a person to be successful in this job he has to keep abreast with the current prices of stock and equities.

  • So, Kenneth needs to research price histories in his role as a stock trader. This will help him to advise clients on the most profitable.

Learn more about stock trading here:

brainly.com/question/25818989

8 0
2 years ago
Assume that when $100 of new reserves enter the banking system, the money supply ultimately increases by $800. assume also that
Gnesinka [82]

The answer is False.

5 0
3 years ago
An account that would be increased by a debit is
Ne4ueva [31]
<span>An account that would be increased by a debit is A. cash.
Cash account is the only account among these up there which would be increased by a debit. Credit is the type of money which you take from your account; on the other hand, debit is the money that you pay into your account, so obviously you will have more money in your cash account if you pay money into it.
</span>
6 0
2 years ago
Read 2 more answers
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