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Ulleksa [173]
2 years ago
13

Why is there scarcity even in an affluent country like the united states?.

Business
1 answer:
Law Incorporation [45]2 years ago
7 0

Answer:

THERE ARE SCARCITY EVEN IN AN AFFLUENT COUNTRY LIKE THE UNITED STATES BECAUSE WANTS ARE LIMITED BUT NEEDS ARE UNLIMITED. SOME PEOPLE ARE POOR WHILE OTHERS ARE WEALTHY

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Given the same purchase and sales data, the three major costing methods for inventory will result in three different amounts for
sdas [7]

Answer:

The correct answer is False.

Explanation:

This statement is false, because as much as the sales prices, the quantities sold and the income received from sales never change. For this reason it is considered that the cost of goods sold will always be different. It was taken into account that the price of the inventory increased.

4 0
3 years ago
Read 2 more answers
1. Sam is preparing a speech for a small church group. He makes a list of his interests and lists all the related jobs he knows.
sineoko [7]

Answer:

Topic Building

Explanation:

Sam is at this point trying to build his topic for the speech.

It is based on this topic a speech write up will be made.

6 0
3 years ago
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You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di
shepuryov [24]

Answer:

Shopping product

Explanation:

Shopping products refer to those products which require considerable time, efforts in research, discussions and opinions and which are not purchased frequently.

Such products are purchased after careful evaluation of all the alternatives available to an individual and after comparison of prices and offers.

Consumers in such cases take considerable time in arriving at the buying decision, whether to buy or not, or to delay such purchases.  Such purchases require research and significant efforts on part of the consumer.

4 0
3 years ago
Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit
Blizzard [7]

Answer:

E. Procurement Requester

Explanation:

  • Internal supplier registration may come from one of the following three streams:
  • Sourcing Invitation: Suppliers can be invited to register through sourcing negotiations.
  • Internal Supplier Request: The Supplier Administrator may invite suppliers to register.
  • Self-service collection: The supplier requests a collection
  • Reference: Oracle Procurement Cloud Using Collection
6 0
3 years ago
Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
Nina [5.8K]

Answer:

The selling price for a unit in Job X455 is closest to a. $379.92

Explanation:

stimated total manufacturing overhead cost = Estimated total fixed manufacturing overhead cost + (Estimated variable overhead cost per unit of the allocation base × Estimated total amount of the allocation base)

= $358,400 + ($2.30 per machine-hour × 56,000 machine-hours)

= $358,400 + $128,800 = $487,200.

Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base

= $487,200 ÷ 56,000 machine-hours = $8.7 per machine-hour.

Overhead applied to a particular job

= Predetermined overhead rate × Amount of the allocation base incurred by the job

= $8.7 per machine-hour × 80 machine-hours = $696

Direct materials                                                          $810

Direct labor cost                                                       $1,620

Manufacturing overhead applied                             $696

Total cost of Job X455   (a)                                      $3,126

Number of units              (b)                                          10

Unit product cost                   (a) ÷ (b)                       $312.6

Markup (20% × $312.6)                                            $62.52

Selling price                                                             $375.12

6 0
3 years ago
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