Answer:
The correct answer is letter "C": produces products that are considered elastic.
Explanation:
Elasticity refers to the sensitivity of a good or service to reflect change in its supply or demand after a change in price. A product's supply is said to be elastic if the changes in the quantity supplied increases and it immediately determines a price in the price.
Thus, if for technological reasons the output of a company increases, considering that the product is elastic, the prices will increases which will provide the organization more revenue. That firm will be more than glad about the technological advance.
Answer:
Sales 950,000
Less: Relevant cost:
Variable expenses 380,000
Avoidable fixed manufacturing expenses 217,000
Avoidable fixed selling and administrative expenses 178,000
Contribution 175,000
The total profit of Furrow Corporation reduces by $175,000 if the product is discontinued.
Explanation:
In this question, there is need to determine contribution, which is the excess of sales over relevant costs. Relevant costs are comprised of variable cost and avoidable fixed costs. The product should not be discontinued since the contribution is positive. Deleting a product with positive contribution reduces the total profit of the company by the amount of positive contribution.
Answer:
im sorry i cant see the picture what is it sorry
Answer:
a.) Raw material 210000
Account payable 210000
(Purchase material on account)
b.) 1.Work in process 151200
Raw material 151200
(material used)
2.Overhead 37800
Raw material 37800
(Record indirect material )
c.)1. Work in process 49000
Factory payroll 49000
(Record direct labor)
2. Overhead 20000
Factory payroll 20000
(Record indirect labor)
d.) Overhead 106000
Accumulated depreciation 106000
(record depreciation)
e.) Overhead 130000
Account Payable 130000
f.) work in process (8*76400) 611200
Overhead 611200
g.) Finished goods 511000
Work in process 511000
( record completion of goods from wip to finished goods)
h.)Account receivable 605680
Sales 6056800
(record sales on account)
Explanation:
f.Overhead applied to a particular job= Predetermined rate* job hours allocated
h. copmlete job were shipped to customer at 34% above cost =(452000*34%)=452000+153680=605680.
All of the following are considered to be knowledge workers except executives. This is further explained below.
<h3>What is executives?</h3>
Generally, Those in a position of management or supervision inside an institution.
In conclusion, Other than CEOs, the following are all examples of knowledge workers.
Read more about executives
brainly.com/question/11422252
#SPJ1
