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Harman [31]
3 years ago
5

The difference between standard costs and budgeted costs is that standard cost refers to a single unit while budgeted costs refe

r to the cost, at standard, for the total number of budgeted units. is calculated under ideal conditions, while budgeted costs are calculated for attainable conditions. is calculated for raw material while budgeted costs are calculated for direct labor. is part of the management accounting system, while budgets are part of the financial accounting system.
Business
1 answer:
aleksandrvk [35]3 years ago
4 0

Answer:

"While budgeted costs refer to the cost, at standard, for the total number of budgeted units. "

Explanation:

The first sentence would be the correct one

The budget consist of get the revenues and costs for the business using the standard measurement for one unit.

Please be more clear in future questions, thank you =)

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Answer:

fundamental attribution error.

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The Professor makes this "fundamental attribution error" by failing to consider Nadiya's situation; meaning the situational information was insufficiently taken into account before reaching a conclusion (Probably Nadiya is under emotional distresse maybe she's grieving the death of her Farther).

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2 years ago
EMD Corporation manufactures two products, Product S and Product W. Product W is of fairly recent origin, having been developed
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Answer:

Explanation:

1.

Direct labour hours work during the period:

Product S=72,400 units×1 hour=72,400 hours

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2.

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4 0
3 years ago
All of the following costs are likely to decrease as a result of better quality except:
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Answer:

The correct answer is (d)

Explanation:

Better quality can help to reduce many costs such as customer’s dissatisfaction cost, inspection cost and warrant and service cost. When customers don't like the quality of the product they are likely to buy the same product from somewhere else that is the dissatisfaction cost. Still, maintenance cost is likely to incur no matter how good the quality is. Maintenance cost helps to keep the product clean and fresh for long-term use.

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If price controls are introduced below the equilibrium price in the market, farmers or sellers will supply less to the market because they will not be incentivized to produce more seeing as they are not making what they should be making.

This, coupled with increased demand on account of food being cheaper, will lead to shortages which would mean that those that could have been able to afford the food at the equilibrium price would not be able to access food leading to even worse food shortages.

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