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2 years ago

The sum of the explicit and implicit costs incurred in the production process is called

Business

1 answer:

agasfer [191]2 years ago

6 0

The sum of the explicit and implicit costs incurred in the production process is called total cost

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What are two examples of Secondary or non-core activities?

mylen [45]

One example is “engagement” consider to be “business activities”

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2 years ago

An apparel manufacturing plant has estimated the variable cost to be $21 per unit. Fixed costs are $1M per year. Forty percent o

s344n2d4d5 [400]

Find the charge of A AND B to go to C and then you have to scream rlly loud okay! and then you have to jump up and down for 3x • 4x = 9p squared okay

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3 years ago

Why does Joe's demand curve have a negative slope? Joe only has so much money; when other things get more expensive he must buy

AleksAgata [21]

Answer:

The answer is: He needs the price of coffee to go down to convince him to buy more.

Explanation:

A demand curve (almost) always has a negative slope. As a product gets more expensive, the amount of people willing to buy that product decreases. So if the product gets cheaper, the more people are willing to purchase it.

The opposite happens with the supply curve, as the price of a product increases, the more companies are willing to sell that product.

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3 years ago

Tracy Company, a manufacturer of air conditioners, sold 200 units to Thomas Company on November 17, 2021. The units have a list

svetoff [14.1K]

Answer:

1. November 17

Accounts receivable 77,000

Sales revenue 77,000

November 26

Dr Cash 74,690

Dr Sales Discounts 2,310

Cr Accounts receivable 77,000

2. November 17

Dr Accounts receivable 77,000

Cr Sales revenue 77,000

December 15

Dr Cash 77,000

Cr Accounts receivable 77,000

Explanation:

1. Preparation of the journal entries to record the sale on November 17 and collection on November 26, 2021

November 17

Accounts receivable 77,000

Sales revenue 77,000

[Price = 200 units * $550 *(100%-30%) = 77,000]

November 26

Dr Cash 74,690

(77,000-2,310)

Dr Sales Discounts 2,310

(77,000*3%)

Cr Accounts receivable 77,000

2.Preparation of the journal entries to record the sale on November 17 and collection on December 15, 2021,

November 17

Dr Accounts receivable 77,000

Cr Sales revenue 77,000

[Price = 200 units * $550 *(100%-30%) = 77,000]

December 15

Dr Cash 77,000

Cr Accounts receivable 77,000

4 0

3 years ago

is the organization providing a charitable or public service? if so, what is it? will the company still have profit to motive?

deff fn [24]

Here is the answer to your question
Hope it helps!

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2 years ago