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valkas [14]
2 years ago
12

How do businesses and not-for-profit organizations help create our standard of living?

Business
1 answer:
cluponka [151]2 years ago
3 0

The businesses and not for profit organizations help create the goods and services on the basis of our standard of our living.

<u>Explanation: </u>

Businesses play an important role in regulating our life by offering jobs, and goods and services to society. Quality of life means helping the educational institutions, health departments, sanitation etc.  

Not for profit is an organization that continues to live to carryout targets other than making a business profit. Not all organizations live for profit some believe in helping needy. Charities like habitat for humanity, American cancer society, etc. are part of not for profit organizations. Last 20 years, not for profit organizations, employees and volunteers have rapidly increased.

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Cahalane Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 91 Man
ankoles [38]

Answer:

A. The amount of fixed overhead deferred in inventories is $60,000

Explanation:

Unit product cost      

                                            Year 1      Year 2  

Direct materials                      $12         $12

Direct labor                              $5        $5  

Variable manufacturing

overhead                                     $5      $5  

Fixed overhead

                                                   $48      $36  

                           ($432,000 ÷ 9,000)   ($432,000 ÷ 12,000)

unit product cost                       $70      $58

Fixed overhead deferred (1,000 × $48)   $48,000  

Fixed overhead released                                             -$48000  

Fixed overhead deferred (3000 × $36)                        $108,000  

Net                                                             $48,000        $60,000

The amount of fixed overhead deferred in inventories is $60,000

8 0
2 years ago
A consumer's weekly income is $300, and the consumer buys 5 bars of chocolate per week. When income increases to $330, the consu
EastWind [94]

Answer:

The income elasticity of demand for chocolate by this consumer is about 1.90

Explanation:

the change in quantity = (6 - 5)/(6 + 5)

                                      = 0.091

the change in income = (330 - 300)/(330 + 300)

                                     = 0.048

the income elasticity = 0.091/0.048

                                   = 1.90

Therefore, The income elasticity of demand for chocolate by this consumer is about 1.90

7 0
2 years ago
In most states, a licensee must provide a(n) _______ of any existing agency relationships to all parties _________ to whom they
wariber [46]

Answer:

The correct answer is letter "A": written disclosure, at first substantive contact.

Explanation:

In Real Estate, licensees must provide a written disclosure to potential buyers or sellers at first substantive contact, meaning for the very first time they get in touch with each other. This can happen also before entering into a listing agreement or showing up to the property. This rule applies in most states across the U.S.

4 0
2 years ago
Domino Foods, Inc., manufactures a sugar product by a continuous process involving three production departments—Refining, Siftin
Artist 52 [7]

Answer:

Domino Foods, Inc Journal enties

Sept 30

Dr Refining work in processs 400,000

Cr Material 400,000

Sept 30

Dr Refining work in processs 150,000

Cr Labour 150,000

Sept 30

Dr Refining work in processs 100,000

Cr FOH control account 100,000

Sept 30

Dr Stiffing work in processs 575,000

Cr Refining work in processs575,000

Explanation:

Domino Foods, Inc Journal enties

Sept 30

Dr Refining work in processs 400,000

Cr Material 400,000

Sept 30

Dr Refining work in processs 150,000

Cr Labour 150,000

Sept 30

Dr Refining work in processs 100,000

Cr FOH control account 100,000

Sept 30

Dr Stiffing work in processs 575,000

Cr Refining work in processs575,000

(400,000+150,000+100,000-40,000-35,000)

3 0
2 years ago
Read 2 more answers
Compared to tangible resources, intangible resources are ____ and ____. more visible; less difficult to copy. less visible; less
lions [1.4K]
Less visible and more difficult to copy
4 0
2 years ago
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