For which pairs of goods is the cross-price elasticity most likely to be positive?.

Altoid Company sold most of its inventory produced during the period. The manager needs to close the $1,200 balance of Manufactu

Likurg_2 [28]

Explanation:

The journal entry to close the books is

Cost of Goods sold A/c Dr $1,200

To Manufacturing Overhead A/c $1,200

(Being the under-applied overhead is recorded)

Since the jobs were undercosted, that means the overhead is applied under overhead so we debited the cost of goods sold account and credited the manufacturing overhead account. Both the items are recorded for $1,200

5 0

4 years ago

Who is in Kohlberg's conventional level of moral reasoning? a. Linda, whose moral reasoning is based on the approval of other pe

stepan [7]

Answer:

Option A is the correct answer - Linda, whose moral reasoning is based on the approval of other people

Explanation:

In stage three of Kohlberg's theory of moral development, the individual (such as Linda, mentioned in the question) set out to do the things that are considered “right” because it is good, not only for the family, but also for the school, church or peer group.

This stage, often known as the "good boy/good girl" stage, has morality, often spelt out as acting in conformity to what the social group general requires to be right and moral.

7 0

3 years ago

Which book did frederick w. taylor write to discuss business efficiency? the theory of the leisure class wealth of nations promi

Novay_Z [31]

The correct answer is option D.

6 0

3 years ago

Read 2 more answers

To encourage borrowers to accept adjustable rate mortgages (ARMs) rather than level-payment mortgages, mortgage originators gene

Anit [1.1K]

Answer:

Teaser rate

Explanation:

A teaser rate is a low, adjustable introductory interest rate advertised for a loan, credit card, or deposit account in order to attract potential customers to obtain the service. The teaser rates are normally too good to be true for the long term, and are far below the common realistic rate for the service. This can he as low speed 0% at the initial stages.

Cheers.

3 0

3 years ago

Describe the conventional view of the relationship between the supply of a mineral resource and its market price. What are five

borishaifa [10]

Answer:

In a conventional view, if there is an enormous amount of the mineral resource, if the quantity supplied is higher than the demand, then the price of the mineral resource will be cheap. On the other hand, if the mineral resource is scarce, it price will increase if demand is more than supply. However, in developed countries, the effect of market price may not be applicable due to the regulations in form of subsidies and taxes imposed by the government.

The five effects of a mineral becoming scarce are mineral resource conservation, increased/higher prices, opportunity for new exploration, manufacturing of profitable lower-grade ores, and stimulation of development of new technologies.

The pros of the U.S. General Mining Law of 1872 creates reduced costs that is beneficial to the buyers of goods and it eventually leads to mineral expansion. The pros cons of the U.S. General Mining Law of 1872 leads to the use of land for numerous purposes which have negative effects on the environment not until the mining law in 1992.

Explanation:

In a conventional view, if there is an enormous amount of the mineral resource, if the quantity supplied is higher than the demand, then the price of the mineral resource will be cheap. On the other hand, if the mineral resource is scarce, it price will increase if demand is more than supply. However, in developed countries, the effect of market price may not be applicable due to the regulations in form of subsidies and taxes imposed by the government.

The five effects of a mineral becoming scarce are mineral resource conservation, increased/higher prices, opportunity for new exploration, manufacturing of profitable lower-grade ores, and stimulation of development of new technologies.

The pros of the U.S. General Mining Law of 1872 creates reduced costs that is beneficial to the buyers of goods and it eventually leads to mineral expansion. The pros cons of the U.S. General Mining Law of 1872 leads to the use of land for numerous purposes which have negative effects on the environment not until the mining law in 1992.

5 0

4 years ago