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Maksim231197 [3]
2 years ago
13

Kelly decides to stop studying for a math test and spend the last 1/2 hour of study time working on her public speaking presenta

tion. This vignette best illustrates the economic principle that:a. resources should be used efficiently.b. decisions are made at the margin (marginal analysis)c. markets have an innate tendency to move towards equilibrium.d. people respond to incentives.
Business
2 answers:
AVprozaik [17]2 years ago
7 0
<h2>Answer:</h2>

Im not 100% sure, but I think the answer is: <u>A. Resources should be used efficiently</u>

<h2 /><h2>Explanation:</h2>

Kelly is studying for her math test and then she realizes that she still need to work on her public speaking project and she only has half of an hour to study, so this is an example of <u>Limited Resource</u> which in this case, <u>The Limited Resource is Time.</u>

<u>So that is how I got to the conclusion that the answer is A.</u>

<h2>Hope this helped! Good luck and have a great day!</h2>
Oduvanchick [21]2 years ago
3 0

Answer:

A

Explanation:

give da other person brainlyest

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Timberlake Company planned for a production and sales volume of 12,000 units. However, the company actually made and sold 13,000
Aleks04 [339]

Answer:

$65,000 Favorable  

Explanation:

  • Volume variance compute the difference due to volume of sales budgeted and actual sales qty.

  • Budgeted Selling pricec =780000 /12000 = 65

  • Sales volume variance = Budgeted Selling price (Actual sales qty-Budgeted Sales qty)  

65.00 (13000-12000) = 65000 Fav

 

Answer is $ 65000 Favorable      

5 0
2 years ago
Suppose the one-month billing cycle for a credit card ends on the last day of the month. On which of the following end-of-month
lorasvet [3.4K]

Correct answer choice is:

D. April 30

Explanation:

The billing cycle for a credit card or whatever sort of cyclical account is the duration of time connecting billings. For instance, a billing cycle may begin on the 1st day of the month and finishes on the 30th day of the month. Or, it may proceed of the 15th of an individual month to the 15th of the following month.

8 0
2 years ago
Read 2 more answers
At January 1, 2018, Transit Developments owed First City Bank Group $600,000, under an 11% note with three years remaining to ma
VashaNatasha [74]

Answer:

interest payable   66,000

note payable      384,000

       Land                            325,000

       Gain on disposal         125,000

Explanation:

600,000 x 11% = 66,000 interest payable

the land is being used to settle the note along with the accrued interest at the time:

the accounting  of Transit developments record the land at cost: 325,000

as the market valuye is 450,000 so a gain for 125,000 will be recognize.

450,000 market value - 66,000 interest payable: 384,000 payment on the note principal

the entry will write-off the interest payable, decrease the note by that amount and recognize the land gain on disposal

4 0
2 years ago
Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a
Marina CMI [18]

Answer:

Both the department entries are posted.

Explanation:

Harrelson Company

General Journal

Date             Account Titles and Explanation      Debit          Credit

April 30          Work In Process    Cooking           22,800        

                           Work In Process Canning           10,900

                            Direct Materials Inventory                            33700

(To record materials used)

30                      Work In Process  Cooking         9,430  

                            Work In Process Canning         7,230

                               Direct Labor                                             16,660

(To assign factory labor to production)

30                         Work In Process     Cooking     33,800

                               Work In Process Canning      28,100

                                  Manufacturing Overhead                     61900

(To assign overhead to production)

30                           Work In Process Canning         55,900

                                       Work In Process  Cooking                  55,900

(To record costs transferred in)  Assuming Canning is the second department and cooking is the first. So costs are transferred from the first to the second department.

8 0
2 years ago
You are evaluating a proposed expansion of an existing subsidiary located in Switzerland. The cost of the expansion would be SF
Anna [14]

Answer:

SF7.37

Explanation:

PV of cash flow is calculated using the formula

1-(1+r)^-n/r=1-(1-0.15)^5/0.15=1-(0.75)^5/0.15=1-0.237/0.15=5.085

So pv=5.085×4.4=SF

20.3385million

Using interest parity

1+ic/1+ib =Fo/So

Counter country is US while home country is in

swiss

1+0.05/1.04=fo/1.09

Fo=1.09×1.05/1.04=1.1

So expected PV=20.3385×1.1=SF22.37235million

Profit=23.37235-15=SF7.37

6 0
2 years ago
Read 2 more answers
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