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Lostsunrise [7]
2 years ago
13

A professor at a university finds a way to reduce the costs of producing automobile glass. The method is very easy for anyone to

copy. A company develops a substance which prevents eyeglasses from smudging. It receives a patent on the formula. Which of these are common technological knowledge?
a.) the method to reduce costs of producing automobile glass, and the formula for the substance that prevents smudging
b) the method to reduce costs of producing automobile glass, but not the formula for the substance that prevents smudging
c) the formula for the substance that prevents smudging, but not the method to reduce costs of producing automobile glass
d) neither the method to reduce costs of producing automobile glass nor the formula for the substance that prevents smudging
Business
1 answer:
Dafna1 [17]2 years ago
8 0

Answer:

b) the method to reduce costs of producing automobile glass, but not the formula for the substance that prevents smudging.

Explanation:

As provided, the professor develops a way which shall reduce the cost of producing the automobile glass, which apparently is very easy for anyone to copy and use.

Whereas, when a company develops the formula which creates a substance that prevents the automobile glass from getting smudged is again a technological knowledge although not that common.

Since the first one is apparently easy and other is patented which means both are common else not so common idea will not need patent as people would not be able to create such formula.

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Both monetary and non-monetary. If "Joe" did not follow the regulations, he would receive fines. Plus, if customers got sick from him not following the regulations, he could lose his business. 
5 0
2 years ago
The sales manager is convinced that a 10% reduction in the selling price, combined with a $30,000 increase in advertising, would
krok68 [10]

Answer:

Explanation:

Assumed Data    

Budgeted Sales   1000000

   

units sold           10000

Unit price           100

Cost Per unit           60

   

   

                     Before            After               Cahnge Due to

                      impelemtation    implementation           implementation

Sales           1000000        1125000*                      125000

Cost           -600000        -750000                      -150000

Profit           400000         375000                      -25000

Advertise Cost      0                  -30000                      -30000

                  400000          345000                      -55000

   

* Sales price                100

Reduction                  10%

After Reduction Sp  90

   

Current unit sales  10000

Increase                    25%

After increase   12500

   

Cost Per unit will remain the same because only sales price will be decreased to boost the sale  

New sales 12500*90 1125000

Cost         12500*60 750000

 

6 0
2 years ago
John Rawls owns and operates Philosophical Consulting, Inc. During 2019 and 2020 he made the following purchases of assets for u
jekas [21]

Answer:

The right solution is "600000".

Explanation:

The given values are:

Cost of office furniture,

= $100,000

Cost of the computer system,

= $500,000

  • The changed MACRS enables a company to reduce the mortgage balance of such deteriorating properties over time.
  • Throughout the very first years, MACRS permits quicker depreciation although subsequently slows down depriving. This seems to be fantastic for corporations from a tax point of view.

Now,

The cost recovery deduction will be:

=  Office \ furniture+Computer \ system

On substituting the values, we get

=  100000+500000

=  600000

6 0
2 years ago
Oriole Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cos
Fynjy0 [20]

Answer:

$1.2 per mile

Explanation:

Computation of the variable cost per mile using the high-low method

Using this formula

Variable cost per mile = (Highest activity cost - Lowest activity cost)/(Highest activity - Lowest activity)

Let plug in the

Variable cost per mile= (14,721 - 13,503)/(8,510 - 7,495)

Variable cost per mile= 1,218/1,015

Variable cost per mile=$1.2 per mile

Therefore the Variable cost per mile will be $1.2 per mile.

6 0
2 years ago
How does the payment of rent for equipment affect the accounting equation? assets increase; assets decrease assets decrease; sto
djverab [1.8K]
The answer to this question is <span>assets decrease; stockholders' equity decreases 

The journal for this transaction would be

Debit:  Rent expense       xxxxx
Credit:         Cash                                xxxx
 
 Since cash is considered an asset, it will decrease asset if it placed on credit.
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6 0
2 years ago
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