Answer:
Product Quantity Selling price Sales value
Pint $ $
Smooth skin 140,000 3.60 504,000
Silken skin 180,000 5.30 954,000
320,000 1,458,000
The amount of joint cost to be apportioned to smooth skin
= $504,000/$1,458,000 x $340,000
= $117,531
Explanation:
There is need to determine the sales value for each product by multiplying the quantity of pint sold by respective selling prices. Then, we will compute the total sales value. The amount of joint cost that will be allocated to sooth skin is the ratio of sales of smooth skin to the total sales value multiplied by the joint costs incurred.
First, we need to understand these types of economies.
Command economy - controlled centrally by a government
Market economy - decisions are determined by the market
<span> Traditional economy - decisions are based in customs and traditions
</span>
Business decisions are influenced by consumer demand.------ M
Change happens slowly. ------ T
Economic growth is not a high priority. ------ T
People choose their careers. <span>------ M</span>
Resources are owned by the government. ------ C
The government makes most business decisions ------ C
Answer:
overdraft fees
not 100% sure, but hope that helps
Answer:
A. It is the income foregone by not using a resource in an alternative way.
Explanation:
Opportunity cost is the income foregone by not using a resource in an alternative way.
Opportunity cost is refers to the value of what you have to give up in order to choose something else. It can also be called REAL COST.
It also refers to the value or benefits of something that must be given up in order to acquire another thing.
Explanation:
The categorizations are shown below:
Accumulated depreciation = A and BS
Long-term debt = L and BS
Equipment = A and BS
Loss on sale of short-term investments = LS and IS
Net income = R and IS
Merchandise Inventory = A and BS
Other accrued liabilities = L and BS
Dividends paid = OE and BS
Cost of goods sold = E and IS
Additional paid-in capital = OE and BS
Interest income = R and IS
Selling Expense = E and IS
