Answer: Alternate form reliability
Explanation:
Alternate form reliability could be described as a reliability method where an individual carrying out a research is given two different version of the same test at different times with the aim of comparing the scores to determine how reliable the test is.
The reliability evidence seems most useful in this situation is an alternate form reliability which would give the sales representative an idea of the various results and differences in order to market the product effectively.
Answer:
C. the FIFO method separates the work done during the current period to provide measurements of work done during the current period.
Explanation:
When you are calculating production costs and equivalent units, FIFO method only focuses on the goods produced during the accounting period and basically doesn't consider previous costs associated to beginning inventory. On the other hand, the weighted average method includes both current costs and costs associated to beginning WIP.
Answer: does not affect; does not affect; increases; increases
Explanation:
<em>''The annual franchise tax </em><em><u>does not affect</u></em><em> the firm's marginal cost curve,</em><em><u> does not affect</u></em><em> the firm's average variable cost curve, </em><em><u>increases</u></em><em> the short-run average cost curve, and </em><em><u>increases</u></em><em> the long-run average cost curve.''</em>
Franchise taxes do not affect output so will not be apportioned to output. This means that neither the marginal cost nor the variable cost will change because the tax does not change with output.
The fixed costs will however increase because the tax is a fixed cost. As fixed cost is a part of total cost, the average cost curve will increase to show this change. The tax is paid each year instead of once so in the long run the firm would still be paying the tax so the long run average cost curve is affected as well.
Answer:
Hence,
1. $2.5
2. 3 pounds
3. $7.5
Explanation:
1. The computation of standard direct material price per gallon is shown below:
=Price-net purchase price + freight-in + receiving and handling
= $2.20 + $0.20 +$0.10
= $2.5
Thus, the standard direct material price per gallon is $2.5
2. The computation of standard direct material quantity per gallon is shown below:
= Quantity required material + Allowance for waste and spoilage
= 2.6 +0.4
= 3 pounds
3. The computation of total standard material cost per gallon is computed below:
= Standard direct materials price per gallon × Standard direct materials quantity per gallon
= $2.5 × 3
= $7.50
Hence,
1. $2.5
2. 3 pounds
3. $7.5
True.
A market supply schedule shows the quantity of a good that all suppliers are willing to produce for the market at a variety of prices.