If a firm expects that the price of its product will be lower in the future than it is today, the firm has an incentive to increase supply now and decrease supply in the future. Thus option (a) is correct.
What is supply?The supply refers to the quantity of a good or service that producers are willing and able to offer for sale at a given price and time. In other words, supply represents the amount of a product or service that suppliers are willing to provide to the market.
The law of supply states that, all other things being equal, as the price of a product or service increases, the quantity supplied increases, and vice versa.
If a firm expects that the price of its product will be lower in the future than it is today, the firm has an incentive to increase supply now and decrease supply in the future. Therefore, option (a) is correct.
Learn more about supply here:
https://brainly.com/question/9054714
#SPJ1
What is an example of accompanies in a sentence?
She'll go to the supermarket with me. The class's field excursion included ten adults. This movie requires an adult to be in the audience with anyone under the age of 17.
How would you employ companions?She'll go to the supermarket with me. The class's field excursion included ten adults. This movie requires an adult to be in the audience with anyone under the age of 17. The fish was grilled and served with a lovely sauce.
An example of "accompanies" used in a sentence is: "A fever often accompanies the flu." In this sentence, "accompanies" means to occur or appear together with something else, in this case a fever appearing together with the flu.
To know more about accompanies, visit:
brainly.com/question/29979382
#SPJ4
given the political and economic realities in india, what is the best entry strategy for a foreign retailer?
Generalizes on the best market entry strategy, such as visiting the country; the importance of relationships in finding a good partner.
What is the ideal route for an international retail chain to enter India?An international business can start business in India by partnering with just an Indian partner. A foreign company can begin operations in India by establishing a branch office, a representative office, and a project office.
What would be the best strategy for an international retailer to enter the market?The franchising process is one of the most famous international market entry strategies. Franchising is comparable to licencing, but it entails a lot more work. Franchising works well for companies that have a reliable and well-established business model, including such McDonald's or Starbucks.
To know more about strategy visit:
https://brainly.com/question/15860574
#SPJ1
Which of these investment types is considered moderate?A) IRAB) StocksC) Mutual FundD) Money Market Account
The level of risk associated with different types of investments can vary widely, and what is considered moderate will depend on the individual's investment goals and risk tolerance.
A money market account is generally considered to be a low-risk investment. These accounts offer low returns but are FDIC insured, meaning that depositors' funds are protected up to a certain amount. Mutual funds and stocks are considered to be moderate to high-risk investments. These types of investments offer the potential for higher returns, but also carry a higher level of risk. Stocks are typically more volatile than mutual funds, meaning that their prices can fluctuate more quickly and dramatically. An Individual Retirement Account (IRA) can be either a low-risk or a moderate-risk investment, depending on how the funds in the account are invested.
learn more about Stocks here:
brainly.com/question/3210355
#SPJ4
Is Vegeta the prince of all saiyans or the king of all saiyans
Answer: the prince
Explanation: Vegeta first appears in chapter #204 "Sayonara, Son Goku", published in Weekly Shōnen Jump magazine on November 7, 1988, seeking the wish-granting Dragon Balls to gain immortality. Vegeta is the prince of an extraterrestrial warrior race known as the Saiyans.
a change in quantity supplied is represented by a movement along the supply curve. question content area bottom part 1 true false
It is true that a shift along the supply curve corresponds to a change in the quantity delivered.
The supply curve shows how the cost of a good or service relates to how much is provided over a certain length of time. In a typical situation, the price will be displayed on the left vertical axis and the quantity delivered will be displayed on the horizontal axis.
The supply curve, which increases from left to right, expresses the law of supply: The supply grows when the cost of a certain product increases (all else being equal).
For the majority of supply curves, the quantity supplied increases as the cost of the commodity decreases.
Visit here to learn more about the supply curve: https://brainly.com/question/9228571
#SPJ4
the following statements about ethics training is true except? the most effective ethics training begin with the techniques for solving ethical dilemmas. ethics training is formal training to develop an awareness of questionable business behavior and to practice appropriate responses. ethical training does not have to be boring. fewer than half of all american companies have some type of ethics training programs. all of the above statements about ethics training are true.
All of the above statements about ethics training are true about ethics training is true. In this case Option D is correct.
The word "ethics" refers to moral principles or regulations that guarantee a person's proper conduct. These are the detailed guidelines that teach someone what is appropriate and inappropriate behavior. A program called ethics training teaches a company's employees certain business ethics that will enhance the workplace.
A well-crafted ethics training program aids the company in boosting employee morale and resolving all problematic legal and illegal business matters. It supports the adoption of ethical decisions and behavior on the part of the staff. Programs for ethics education help employees become more professional while also increasing the efficiency of their work.
To know more about ethics here
https://brainly.com/question/1031443
#SPJ1
cushman company had $820,000 in sales, sales discounts of $12,300, sales returns and allowances of $18,450, cost of goods sold of $389,500, and $282,080 in operating expenses. gross profit equals:
Cost of goods sold of $399,750 equals gross profit.As mentioned above, a company's gross sales are calculated by deducting the cost of goods sold (COGS) from total sales revenue.
While net sales are calculated by deducting discounts,bonuses, and returns from gross sales. Net sales are the total amount of revenue a company earns from the sale of its goods and services. , minus returns and bonuses.An example of net sales would be if a company sells 100 gadgets for $10 each, its net sales would be $1,000. Net sales refer to the money, cash or credit, that your company earns through the sale of its products less returns, discounts, and allowances.For manufacturing companies, cost of goods sold consists of three parts: direct labor, direct material, and manufacturing overhead. A company's gross profit is the company's total sales minus the total cost of goods sold. Total sales are all goods sold by the company. The total cost of goods sold is the sum of all variable costs involved in sales.
To learn more about gross profit please click on below link.
https://brainly.com/question/15575221.
#SPJ4
your plan to buy a new house for $100,000. the bank offers you a 30-year loan with equal annual payments and an interest rate of 8% per year. the bank requires that your firm pays 20% of the purchase price as a down payment, so you can borrow only $80,000. what is the annual loan payment?
The annual loan payment for this loan is $7,107.84.
To calculate the once a year mortgage price for a 30-year loan with equal annual payments and an interest rate of 8% per 12 months, we can use the formulation for the present value of an annuity:
PV = P * [1 - (1 + r)^(-n)] / r
wherein:
PV = the amount of the mortgage = $80,000P = the annual mortgage paymentr = the interest rate per compounding duration = 0.08n = the total number of compounding periods = 30using these values, we can clear up for P:
$80,000 = P * [1 - (1 + 0.08)^(-30)] / 0.08
Simplifying the right-hand side of the equation, we get:
$80,000 = P * [1 - 1 / (1 + 0.08)^30] / 0.08
Multiplying each sides by way of 0.08, we get:
$80,000 * 0.08 = P * [1 - 1 / (1 + 0.08)^30]
Simplifying the left-hand side, we get:
$6,400 = P * [1 - 1 / (1.08)^30]
using a calculator, we discover that (1.08)^30 is about 10.063:
$6,400 = P * [1 - 1 / 10.063]
Simplifying the right-hand side, we get:
$6,400 = P * 0.9004
Dividing both sides by 0.9004, we get:
P = $7,107.84
Therefore, the annual loan payment for this loan is $7,107.84.
Learn more about Present value formula
https://brainly.com/question/30656259
#SPJ4
steve wilson wants to deposit $150 per month into an account earning 4 percent for the next 3 years, so he can purchase a used car at that time. what type of computation would he use to determine the amount he will have for his purchase? group of answer choices a) present value of a single amount b) future value of a single amount c) future value of an annuity d) present value of an annuity e) simple interest
The correct option is C. Future value of an annuity computation and the amount he will have for his purchase.
An account is a particular report inside an employer's financial ledger or balance sheet. Accountants, finance experts, and bookkeepers can use debts to report important financial records, like reporting day-by-day transactions to confirm the exact amount of money an organization has at any moment.
In accounting, an account is a document within the famous ledger this is used to kind and maintain transactions. as an example, groups may additionally have an account of a coin wherein to file every transaction so one can increase or decreases the business enterprise's cash. fundamental accounting ideas used in commercial organizations globally cover income, charges, belongings, and liabilities. the one's elements are tracked and recorded in documents which encompass stability sheets, income statements, and cash glide statements.
To learn more about Account visit here:
brainly.com/question/22917325
#SPJ4
before you schedule a production order, you should consider your left over inventory from last year. true or false?
Unused inventory from the previous year should be taken into account before scheduling a production order, it is true.
What does workplace inventory entail?Inventory is the merchandise or supplies that a company plans to resell to clients for a profit. Inventory management is the process of tracking inventory from producers to depots and from locations to a point of sale. It is a crucial component of the supply chain.
What do inventory skills entail?The education, training, and experiences of present employees are compiled into a skills inventory. These inventories help organizations determine whether their current workforce is capable of achieving their objectives. Strategic planning initiatives are aided by an understanding of the company's present talent pool and skill requirements in the future.
To know more about inventory visit:
https://brainly.com/question/29889929
#SPJ4
A free-market system cannot operate effectively and fairly without a reliable foundation in contract law. True or False?
True. It is true that without a solid foundation in contract law, a free-market system cannot function efficiently and fairly. It would be challenging for parties to trust one another
A dependable system of contracts is necessary because a free-market system is built on the voluntary exchange of goods and services between participants. The legal framework provided by contract law enables both private persons and corporate entities to make binding contracts that safeguard the interests of all parties. It would be challenging for parties to trust one another and participate in the kinds of long-term relationships required for a market economy to flourish without a solid basis in contract law. As a result, contract law is a crucial component of any free-market economy.
learn more about free-market system here:
https://brainly.com/question/30280042
#SPJ4
The cost of electronic parts increased. Now, producers of electronic products will supply _____ products.
less
more
Answer: The cost of electronic parts increased. Now, producers of electronic products will supply _____products.
answer: more
Explanation: According to the law of supply as the prices increase the supply will also increase.
There is a positive relationship between the price and the supply. But the demand will decrease as there is a negative or inverse relationship between the demand and price.
Now the producers will supply more electronic products due to an increase in price.
To know more about the effect of increase in cost of electronic products:
brainly.com/question/30663342
frank the baker has been growing the number of pies he has been selling so much that he is now able to negotiate more favorable terms from his suppliers. this change is likely to impact multiple choice reservation price. consumer surplus. production costs. producer surplus. economic value.
Producer surplus, the total amount a producer earns by producing and selling a given amount of a good at market price. This is option D.
Producer surplus is the difference between what a person would be willing to accept for a given amount of a good and what he could get by selling that good at the market price. The total income a producer receives from the sale of his goods minus the marginal cost of production equals producer surplus.
Producer surplus arises from market prices above the lowest price that producers would be willing to accept for their goods.
Question:
Baker Frank has expanded his cake sales so much that he can now negotiate more favorable terms with his suppliers. This change is likely to affect:
A) reservation price.
B) consumer surplus.
C) production costs.
D) producer surplus.
E) economic value.
To know more about Producer Surplus,
brainly.com/question/15080185
#SPJ4
assume you have some money and want to save to amass a given amount at the end of 5 years. one of the options you have is a 5-year, 10% coupon bond that is currently selling at par. assume that bond is default free. what will determine the total amount of money you will have at the end of year 5 if you buy the bond today?
Assume you have some money and want to save to amass a given amount at the end of 5 years. The reinvestment rate will determine the amount accumulate at the end of year 5 if you buy the bond today.
The reinvestment rate is the expected return after reinvesting the cash flows from an investment. The return is stated as a percentage and shows the expected profit the investor expects to make on their money reinvestment.
An investor's decision to purchase a bond or Certificate of Deposit is influenced by anticipated reinvestment rates (CD).
If an investor anticipates rising interest rates, he or she may choose a shorter-term investment with the expectation that the reinvestment rate when the bond or CD matures will be higher than the interest rates that may be locked in for longer-maturity investments.
An investor bears interest rate risk when a bond is issued and interest rates rise. Because bond prices decline when interest rates rise, a fixed-rate bond investor may suffer a financial loss if the bond is sold before its maturity date.
To know more about reinvestment rate:
https://brainly.com/question/29380966
#SPJ4
Whether carried out by an individual or a country, production beyond the production possibilities frontier A. is not physically possible. B. is possible only through trade. C. can occur by acquiring more productive resources, D. happens as a result of forced saving.
The production beyond the PPF is not physically possible.
What is meant by PPF?The production possibilities frontier (PPF) represents the maximum potential output of two goods or services that can be produced with a given set of resources and technology. Any point on or within the PPF represents a combination of goods that can be produced with the available resources, while any point outside the PPF represents a combination of goods that cannot be produced with the available resources. Therefore, production beyond the PPF is not physically possible because it would require more resources, technology, or both than are currently available.
The production beyond the PPF is possible only through trade, is incorrect because trade does not increase the total amount of resources or technology available for production. Rather, trade allows countries or individuals to specialize in producing goods or services in which they have a comparative advantage, and then trade with others for goods or services they cannot produce as efficiently.
To know more about Productive resources, check out:
https://brainly.com/question/3110132
#SPJ4
a mutual fund sold $80 million of assets during the year and purchased $106 million in assets. if the average daily assets of the fund were $336 million, what was the fund turnover? (enter your answer as a percent rounded to 2 decimal places.)
The ratio of the total amount of property purchased and sold during the calendar year to the per day assets of the fund must be determined in order to calculate the fund turnover.
Describe what an asset is.Assets are things that either an individual or an organization uses. For example –, a person's financial affairs might include a life insurance policy or their professional experience. The assets of a company, on the other hand, are things one which it can use to generate revenue.
What lacks a quality?The assets of a company are its resources, such as cash, receivables, and vehicles, but the loan which is taken doesn't quite count as an asset.
To know more about assets visit:
brainly.com/question/16983188
#SPJ4
you are interviewing assistants for your role as an emergency manager and one of the interviewing requirements is communication. you ask each interviewee to demonstrate announcing the evacuation of the building. on what will you focus?
Asking each interviewer to perform declaring the building's evacuation in a calm, clear voice will help you focus.
Who conducts the interviews with the subjects?Interviewees give a self-introduction and attempt to justify why they are the best choice for the job. However, interviewers act as representatives of their business or client and work to select the best candidates or positions by using smart questioning.
What is an interviewer's job description?The interviewer is indeed the person in charge of carrying out the interview, which entails presenting the questionnaires, asking the questions, listening to the interviewees' responses, and recording them is accordance with the and rules outlined in this manual.
To know more about interviewer visit:
https://brainly.com/question/30054467
#SPJ4
The mercantilist doctrine promoted government intervention in order to achieve a) global product consistency. b) a decrease in factor endowments. c) more stable commodities. d) a surplus in the balance of trade. e) higher prices on exported goods.
The goal of mercantilism, a type of economic nationalism, was to increase a country's economy and power by limiting commerce.
What is the definition of "mercantilism"?
Through economic nationalism, mercantilism seeks to establish a strong and rich state. Adam Smith coined the term "mercantile system" to describe the political economy that sought to benefit the country by limiting imports and increasing exports. Mercantilism's central principle is that trade must be increased in order to boost exports, which must then enhance wealth and power. It was an economics axiom. It was a form of economics employed by European colonial powers. Therefore, these practises frequently caused war and aided colonial expansion.
Know more about commerce Visit:
https://brainly.com/question/30586647
#SPJ4
charity a and charity b are affiliated entities. an accountant for charity b is paid $10,000 per month, which is equal to the fair value of the services rendered. the accountant for charity a quits. the accountant from charity b is sent to work with charity a for two months. charity a pays nothing for this service. what journal entry should charity a record for this work?
Journal entry should charity a record for this work is:
Debit: Accounts Payable (Charity B) $20,000
Credit: Service Revenue (Charity A) $20,000
The journal entry for Charity A would be:
Debit: Professional Fees Expense 10,000
Credit: Accounts Payable 10,000
This journal entry represents the recording of the professional services provided by Charity B’s accountant. The Professional Fees Expense is debited to recognize the cost of the services rendered, while the Accounts Payable is credited to show that Charity A now owes Charity B $10,000 for the services rendered.
To learn more about Professional services link is here:
brainly.com/question/29312995
#SPJ4
if the company raises its selling price to $400 per unit. 1. compute hudson company's contribution margin per unit. 2. compute hudson company's contribution margin ratio. 3. compute hudson company's break-even point in units. 4. compute hudson company's break-even point in sales dollars.
As per the information provided in the question based on the selling price, the results related to Hudson Company's contribution will be:
It is given that,
Per unit selling price = $400
Per unit variable cost = $300
Fixed cost = $6,60,000
1. To calculate company's contribution margin per unit:
Contribution margin= selling price - unitary variable cost
Contribution margin= 400 - 300= 100
2. To find the company's contribution margin ratio.
Contribution margin ratio= contribution margin/selling price
Contribution margin ratio= 100/400= 0.25
3. To determine the break-even point in units:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 660,000/100
Break-even point in units= 6,600
4. To compute the break-even point in sales dollars:
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point = 660,000/0.25
Break-even point = $2,640,000
To learn more about selling price: https://brainly.com/question/1153322
#SPJ4
Note that the full question is:
Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,100 units at $375 each) Variable costs (11,100 units at $300 each) Contribution margin Fixed costs Pretax income $4,162,500 3,339,000 832,509 660,000 172,500 If the company raises its selling price to $400 per unit. 1. Compute Hudson Co's contribution margin per unit. 2. Compute Hudson Co.'s contribution margin ratio. 3. Compute Hudson Co.'s break-even point in units. 4. Compute Hudson Co.'s break-even point in sales dollars.
are classified as depository institutions. a. finance companies b. securities firms c. credit unions d. pension funds
Credit unions are classified as depository institutions.
What is a credit union?Similar to banks, credit unions are financial institutions, but their members own them. They are nonprofit organizations that prioritize serving their members over maximizing profits.
What services does a credit union offer?A credit union's mission is to advance the financial security of its members, not to make money. As a trade union member, you can be eligible for more favorable loan terms than you would from a bank or other form of lender, such as a lower rate of interest and fewer fees.
How come credit unions are bad?Loan companies for those with bad credit make verification straightforward. If your credit rating is higher, you'll pay less. However, despite your bad credit score, some community banks will deposit your money in a matter of minutes.
To know more about banks visit:
https://brainly.com/question/14042269
#SPJ4
question content area part 1 government spending and taxes that increase or decrease without any actions taken by the government are referred to as a. government expenditures. b. discretionary fiscal policy. c. automatic stabilizers. d. monetary policy.
Automatic stabilizers are government spending and tax policies that are designed to automatically offset fluctuations in a nation's economic activity without any deliberate action by the government.
What is meant by Automatic stabilizers?They work by automatically adjusting government spending and taxes in response to changes in economic conditions. During times of economic recession, for example, automatic stabilizers can increase government spending on programs such as unemployment insurance, welfare, and food stamps. At the same time, they can decrease taxes for individuals and businesses, which can help stimulate spending and investment.
Automatic stabilizers are considered to be important tools for promoting economic stability because they can help stabilize the economy quickly and effectively without requiring any action from the government. They are also considered to be less politically contentious than discretionary fiscal policy, which can be subject to political gridlock or manipulation.
To know more about Automatic stabilizers, check out:
https://brainly.com/question/25558588
#SPJ4
a public good multiple choice is overproduced by the market. experiences the free-rider dilemma. causes government failure. is any good produced by the government.
The correct option is D. A public good Experiences the free-rider dilemma.
A market is any region in which or greater occasions can meet to interact in a monetary transaction—even the ones that do not involve legal gentleness. A market transaction might also moreover comprise goods, services, statistics, foreign money, or any aggregate of those that bypass from one birthday celebration to another.
In elegant, the function of a marketplace is to collect products from scattered resources and channel them to scattered stores. From the factor of view of the seller, dealers channel the call for their product; from the thing of view of the consumer, they bring elements within his obtain. A marketplace is an area wherein buyers and sellers can meet to facilitate the change or transaction of products and services. other examples encompass illegal markets, public sale markets, and economic markets.
To learn more about Market visit here:
brainly.com/question/13414268
#SPJ4
complete Question:
A public good
A. Is any good produced by the government
B. Is overproduced by the market
C. Causes government failure
D. Experiences the free-rider dilemma
ashley has earmarked at most $270,000 for investment in three mutual funds: x dollars in a money market fund, y dollars in an international equity fund, and z dollars in a growth-and-income fund. the money market fund has a rate of return of 6%/year, the international equity fund has a rate of return of 12%/year, and the growth-and-income fund has a rate of return of 15%/year. ashley has stipulated that no more than 20% of her total portfolio should be in the growth-and-income fund and that no more than 45% of her total portfolio should be in the international equity fund. to maximize the return on her investment p (in dollars), how much should ashley invest in each type of fund?
The International Equity Fund mainly invests in stocks of non-American businesses with operations in developed markets, traded on a number of stock exchanges, and priced in a number of different currencies.
What is international equity funds?Mutual funds referred to as "International Equity" invest in businesses located outside of the nation where the fund's investors are headquartered. Global funds, on the other hand, are able to engage in businesses both globally and in the nation where the investors of the fund are based.
By spreading their risk across international as well as domestic businesses and markets, American investors may benefit from international investing. Growth. The potential for development in some foreign economies, especially in emerging markets, is exploited by international investing.
To know more about International Equity, visit:
https://brainly.com/question/30262477
#SPJ1
simbla local business receives a phone call that it is in violation of laws concerning workers under the age of 18. which government agency is likely the one who is contacting them? department of commerce department of labor department of human resources department of education
When a local business receives a phone call that it is in violation of laws concerning workers under the age of 18. The department of labor is the government agency that is likely the one who is contacting them.
One of the oldest and the most significant Ministries of the Government of India is the Ministry of Labor & Employment. This federal ministry in India is in charge of upholding regulations pertaining to social security for employees as well as labour rules in general. The Department of Labour, Government of Karnataka, provides an online facility for registration, issuance of licences, renewal, and amendment of registration and licences under the various acts of state and federal labour laws and rules that are being enforced. As part of its duties, the Department enforces a number of laws in the State, necessitating interaction from the public in order to comply with numerous State and Central Enactments.
Learn more about employment here:
https://brainly.com/question/30516425
#SPJ4
how will the supply of clothing change if the forecast is that clothing prices will rise in the next few months? the supply of clothing will increase in the market today. suppliers will stop producing clothing and switch to an alternate item. the supply of clothing will decrease in the market today. the supply of clothing will remain unchanged today.
The availability of clothing on the market today will most likely decline if it is predicted that clothing costs will increase in the coming months.
This is because as prices rise, manufacturers could be less inclined to create and market their clothes inventory right away since they anticipate receiving a greater price in the future. They might decide to keep their stock until prices do go up, which would reduce the amount of clothing available on the market right now. The supply and demand of a product are generally impacted by price changes, and this relationship can have a substantial impact on both the amount and price of a product in the market.
Learn more about clothing here :
https://brainly.com/question/334112
#SPJ4
what is the future value of $628 to be deposited today into an account paying 8.0% compounded semi-annually for two years?
Present value = $628
Interest 8% per annum
=4% compounded semi-annually
Time = 2 years
2 years = 2×2 = 4 semi-annual
Future value = Present value ×(1 + Interest)[tex]time[/tex]
=$628×(1 + 0.04)⁴
Future value =$734.67
What Is Future Value (FV):The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.
Investors can make wise investment choices based on their projected demands by knowing the future worth. However, external economic forces that depreciate an asset's value, such inflation, might have a negative impact on the asset's future worth.
Future Value Using Compounded Annual Interest:
FV=I×(1+R)Τ
where:
I=Investment amount
R=Interest rate
T=Number of years
Learn more about Future Value:
brainly.com/question/24703884
#SPJ1
juanita, the department manager, realizes that kevin is missing from work and didn't call in sick. she assumes something beyond kevin's control must have happened. this belief is an example of
The department manager, Juanita, notices that Kevin is absent from work but did not report sick. This viewpoint is an illustration of biased perception.
Which stress is brought on by joyful occasions that provide positive feelings like pleasure, enthusiasm, and enjoyment?Stress can become harmful when we feel overburdened. That is why eustress is such a crucial component of our general health. According to Lee, "stress causes a feeling of excitement, fulfillment, significance, contentment, and well-being."
When we initially come into contact with a stressor, whose stress stage is activated?
The "flight - or - fight" response and the earliest signs of the body experiencing severe stress are referred to as the alarm reaction stage. The body starts to heal itself by reducing cortisol levels and returning the physiological reactions (such as arterial pressure) to normal that after initial panic of the stressful event.
To know more about department manager Visit:
brainly.com/question/14938830
#SPJ1
in job order costing system, costs for each job is accumulated. in job order costing system, costs for each job is accumulated. true false
The false statement is D. In process costing, the total cost of each unit is found by dividing the total factory costs by the number of units completed.
Process costing is a method of cost accounting used in the manufacturing industry to determine the cost of a product at each stage of the production process. In this method, the costs are assigned to the products produced in each process, rather than to individual units. The cost of each process is divided by the number of units produced during that process, resulting in a cost per unit. The aim is to determine the cost of each unit of product produced and to identify the cost drivers for each stage of the production process.
The process costing method is particularly useful for companies that manufacture a large number of identical or similar products. This method helps to track the costs involved in producing the products, including direct materials, direct labor, and overhead costs. It provides managers with a better understanding of the production process and allows them to identify opportunities for cost reduction and efficiency improvements.
To learn more about Process costing visit here:
brainly.com/question/20630637
#SPJ4
Complete Question:
Which of the following statements is false?
a. In job-order costing, costs are accumulated by job order.
b. In process costing, costs are accumulated by the department.
c. In process costing, the cost per unit in a department is found by spreading the period's manufacturing costs over the production activity.
d. In process costing, the total cost of each unit is found by dividing the total factory costs by the number of units completed.
e. In job-order costing, the unit cost is found by dividing the job's total cost by the job's total units.
5.3. why do taxes create deadweight loss in otherwise efficient markets? fill in the blanks to answer the question: what is likely to happen to consumer and producer surplus when taxes increase on smartphones?
Taxes result in deadweight loss because they discourage consumers from purchasing goods that are more expensive after the tax than they would have been without it. Deadweight loss is the loss of anything beneficial to the economy as a result of the tax. Deadweight loss is not simply caused by taxes on a product.
It is likely that consumer surplus will decrease and producer surplus will decrease
When customers pay less for a good or service than they are willing to, this is known as a consumer surplus. It measures the extra benefit that consumers get from paying less for something than they would have been prepared to.
Learn more about consumer surplus here brainly.com/question/15416023
#SPJ4
