Answer:
Explanation:
Opening units 0
Started 56000
56000
Transffered 30000
Closing 26000
Production Table
Using Weighted Average Method
Cost Element Complete Closing WIP Equivellant production units
Material 30,000 26,000 56,000
Labour Cost 30,000 19,500 49,500
The term that is being described above is EXPEDITING. From the term itself, expedite means to a process of making something happen sooner or immediately. When it comes to business, expediting is a term that refers to the management of purchases wherein the products are being delivered and arrived in a timely fashion while maintaining its quality.
Answer:
Tom paid $23.54 while his cousin spent $18.72. Tom spent more on tax $.082 more than his cousin.
Explanation:
Tom
Cost of shirt = $22
Sales tax = 7%
Total amount paid = 22 + (7% × 22)
= 22 + 1.54
= $23.54
Tom's cousin
Cost of shirt = $18
Sales tax = 4%
Total amount paid = 18 + (4% × 18)
= 18 + 0.72
= $18.72
Tom spent more on tax as he spent $1.54 as against his cousin's $0.72.
Answer:
The opportunity costs may be too high, and the motel may not yield high enough returns to offset them.
Opportunity costs is the money you do not earn for choosing one alternative investment or action over another. In this case, the cost of the land is probably very high and the motel (or any other business) might not be making as much money from their regular operations as they could from selling the land and using that money for another investment.
A business will shut down when their economic costs exceed their revenue.
Answer:
the inflation rate was 8 percent and the nominal interest rate was 11 percent
Explanation:
Nominal interest rate is the rate without considering the inflation.
