cornelius company produces women’s clothing. during the year, the company incurred the following costs:
Required:. Prepare a statement of cost of goods manufactured and calculate cost of goods sold.
Answers
Cost of Goods Sold = (Beginning Finished Goods Inventory + Cost of Goods Manufactured) - Ending Finished Goods Inventory
A more detailed explanation of the answer.
To prepare a statement of cost of goods manufactured and calculate the cost of goods sold for Cornelius Company, follow these steps:
Step 1: Determine the direct materials costs
Add up the costs of raw materials purchased during the year, and any other direct materials costs that the company incurred.
Step 2: Calculate the direct labor costs
Add up the wages and salaries paid to employees involved in the production process, as well as any other direct labor costs.
Step 3: Calculate the manufacturing overhead costs
Add up all indirect costs related to the manufacturing process, such as utilities, factory rent, and depreciation on equipment.
Step 4: Calculate the total manufacturing costs
Add together the direct materials costs, direct labor costs, and manufacturing overhead costs.
Step 5: Calculate the cost of goods manufactured
Add the beginning work-in-process inventory to the total manufacturing costs, and then subtract the ending work-in-process inventory.
Cost of Goods Manufactured = (Beginning Work-in-Process Inventory + Total Manufacturing Costs) - Ending Work-in-Process Inventory
Step 6: Calculate the cost of goods sold
Add the beginning finished goods inventory to the cost of goods manufactured, and then subtract the ending finished goods inventory.
Cost of Goods Sold = (Beginning Finished Goods Inventory + Cost of Goods Manufactured) - Ending Finished Goods Inventory
With these steps, you will have prepared a statement of cost of goods manufactured and calculated the cost of goods sold for Cornelius Company.
Learn more about manufacturing overhead costs.
brainly.com/question/14811739
#SPJ11
Related Questions
population density and city size are ____ variables used for market segmentation.
Answers
Population density and city size are geographic variables used for market segmentation.
Market segmentation is the process of dividing a heterogeneous market into smaller, more homogeneous segments based on certain characteristics or variables. Geographic variables are one of the common types of segmentation variables used to divide markets based on geographic factors such as location, climate, population density, city size, and regional preferences. Population density refers to the number of people living in a given area, usually measured per square kilometer or square mile. It helps identify densely populated areas where certain products or services may have higher demand.
Learn more about homogeneous here:
https://brainly.com/question/30587533
#SPJ11
A 2-column table has 9 rows. The first column is labeled monthly expenses with entries rent, utilities phone internet, groceries, entertainment, renters insurance, car/insurance/gas, discretionary spending, total expenditures, net savings. The second column is labeled amount budgeted with entries 600, 230, 300, 50, 20, 475, 75, 1,850, 100 dollars. You have decided to set a new goal of saving at least $4,500 over the course of the next year. You already have $900 saved. By how much would you need to increase your monthly net savings in order to meet this goal? $100 $150 $200 $250
Answers
Answer:
200
Explanation:
right on edge
Based on your current level of saving, you need to increase your monthly net saving by $200 to meet your target.
Amount that you need to save next year.You have already saved $900 and you want to get to $4,500. The amount left is:
= 4,500 - 900
= $3,600
Monthly savingsTo get to $3,600, you need to save:
= 3,600 / 12 months
= $300
What should you increase your net saving by?You currently save $100 so you need to increase by:
= 300 - 100
= $200
In conclusion, you need to increase savings by $200.
Find out more on savings at https://brainly.com/question/6903609.
Directions and Analysis
Handling a Diverse Workforce
Perform online or offline search, and choose a multinational corporation that you can contact.
You must then email or call and speak to someone from the firm's Human Resources
department (preferably the HR manager or a senior HR person), place a request to come in,
and conduct a brief (15- to 20-minute) interview with the HR manager. During the interview,
you need to ask questions about the background of the company and the challenges that the
company faces when they have employees from different cultural backgrounds. Evaluate the
responses and summarize your findings.
Type your response here:
Answers
I have chosen Samsung electronics which is positioned in my area. I have visited the business enterprise and performed a meeting with HR manager.
The corporation has launched trainee software for the graduates. HR manager has supplied details about the program which consists of education of freshers and on job support.
They can find out about and do the job collectively so that they analyze how to work in an workplace environment. Graduates can aid supervisor of more than one department at a time which gives them publicity of notable department tasks.
The essential characteristics which are required with the aid of the business enterprise in a candidate are multitasking skills, trouble solving ability and potential to meet deadlines. For interview there is a quick recreation in which IQ stage of candidates is tested and those who clear the levels of the game are then promoted for a panel interview.
Learn more about Samsung electronics here:
https://brainly.com/question/27141345#SPJ1Garnishment of wage means that a:
A. Creditor is earning interest on your wages
B. Creditor is going to foreclose on your property
C. Lender is going to take you to court to collect on a debt
D. Lender is taking money from your paycheck or bank account
Answers
Garnishment of wage means that a lender is going to take you to court to collect on a debt. It alludes to a legal procedure that directs a third party to take money out of a debtor's paycheck or bank account on their behalf.
The third party or lender, also referred to as the garnishee, is frequently the debtor's employer. Employers are not allowed to terminate a worker in order to avoid processing a garnishment wage under federal law.
For debts including unpaid taxes, cash penalties, child support obligations, and unpaid student loans, garnishments are used. In order to garnish a debtor's wages, a lender normally needs to acquire a court judgement establishing that the debtor owes money and has missed payments.
To learn more about wage, click here
https://brainly.com/question/8052137
#SPJ1
Answer:
Lender is taking money from your paycheck or bank account
Explanation:
Problem 7-15
The Affordable Care Act (LO 7.4)
Susan and Stan Collins live in Iowa, are married and have two children ages 6 and 10. In 2019, Susan's income is $41,214 and Stan's is $12,000 and both are self-employed. They also have $500 in interest income from tax exempt bonds. The Collins enrolled in health insurance for all of 2019 through their state exchange but did not elect to have the credit paid in advance. The 2019 Form 1095-A that the Collins received from the exchange lists the following information:
Annual premiums $9,800
Annual premium for the designated silver plan in the state $10,800
Federal Poverty Line for a family of four $25,100
Compute the Collins' premium tax credit for 2019.
Click here to access the 2019 Applicable Figure Table.
Round any division to two decimal places before converting to a percent. If required, round your final answer to the nearest dollar.
$
Answers
To compute the Collins' premium tax credit for 2019, we first need to determine their household income. This includes their self-employment income, interest income, and any other taxable income they received.
Total household income = Susan's income + Stan's income + interest income = $41,214 + $12,000 + $500 = $53,714 Next, we need to determine their household income as a percentage of the federal poverty line for a family of four.
Household income as a percentage of federal poverty line = (Total household income / Federal Poverty Line) x 100 = ($53,714 / $25,100) x 100 = 214.14%
Using the Applicable Figure Table provided, we can determine the percentage of income that the Collins are required to pay towards their health insurance premiums based on their household income and family size.
For a family of four with a household income between 200-300% of the federal poverty line, the percentage of income they are required to pay towards health insurance premiums is 6.54%. Premium tax credit = (Designated silver plan premium - Required premium) x Household income percentage Required premium = Annual premium x Household income percentage = $9,800 x 6.54% = $639.92 Premium tax credit = ($10,800 - $639.92) x 214.14% = $8,778.57
Therefore, the Collins' premium tax credit for 2019 is $8,778.57.
Learn more about tax credit at https://brainly.com/question/15153261
#SPJ11
The most proactive risk management action would be to create a
formal risk management plan encompassing the firm and its supply
chain participants.
Question 14 options:
True
False
Answers
True. Creating a formal risk management plan that encompasses the firm and its supply chain participants is indeed a proactive risk management action.
By developing a comprehensive plan, the organization can identify potential risks, assess their likelihood and impact, and implement strategies to mitigate or manage those risks effectively. This approach allows for a coordinated and collaborative effort among all participants in the supply chain to address and mitigate risks collectively. It promotes transparency, communication, and proactive risk identification and response, which can significantly enhance the overall resilience and stability of the supply chain. Therefore, creating a formal risk management plan that encompasses the firm and its supply chain participants is a proactive step towards effective risk management.
To know more about risk management , click here, https://brainly.com/question/28521655
#SPJ11
OSHA Part 1926 Subpart K covers the safety and health regulations for which of the following?
O Personal protective equipment
O Electrical work
O Welding and cutting
O Toxic substances
Answers
Answer:
the answer is electrical work
Explanation:
um I just looked it up to be honest
Preferred stock is often called a hybrid security because it has some characteristics that are typical of debt and others that are typical of equity. The following table lists several characteristics of preferred stock. Determine which of these characteristics are consistent with debt securities and which are consistent with common stock.
Characteristic
Debt
Common Stock
Dividend calculated as a percentage of the par value
Usually nonparticipating
May be called, or redeemed, prior to the end of its normal life
Happy Orange Storage Company is required to repurchase and retire 5% of its preferred stock each year. Which type of provision does Happy Orange have in its preferred stock agreements?
A call provision
A participating provision
A sinking fund provision
Answers
The characteristic of "dividend calculated as a percentage of the par value" is consistent with debt securities. On the other hand, the characteristic of "usually nonparticipating" is consistent with common stock.
Because debt securities usually pay a fixed interest rate or dividend based on the face value or par value of the security. The characteristic of "may be called, or redeemed, prior to the end of its normal life" is also consistent with debt securities because issuers of debt securities may call or redeem the securities prior to their maturity date.
Because debt securities usually pay a fixed interest rate or dividend based on the face value or par value of the security. The provision of requiring Happy Orange Storage Company to repurchase and retire 5% of its preferred stock each year is a sinking fund provision. This provision requires the issuer to set aside a portion of the proceeds from the preferred stock issuance to repurchase or retire a portion of the preferred stock each year, which helps to reduce the issuer's debt and financial risk.
To know more about interest rate visit:
https://brainly.com/question/28272078
#SPJ11
Hugh has the choice between investing in a city of heflin bond at 6 percent or investing in a surething inc. Bond at 9 percent. Assuming that both bonds have the same nontax characteristics and that hugh has a 40 percent marginal tax rate, in which bond should he invest?.
Answers
Based on the Heflin City Bond return and the corporate bond return, Hugh should invest in the Heflin City Bond.
The decision to invest in a bond in this instance, should be driven by which bond has the better after tax return.
Surething Inc After tax return.= Return x ( 1 - tax rate)
= 9% x ( 1 - 40%)
= 5.4%
Heflin bonds are not taxed as they are municipal bonds. The bond with a higher after tax return is therefore the Heflin bond at 6%.
Find out more about municipal bonds at https://brainly.com/question/14116276.
radford is a small company that manufactures automobile bearings. managers at the company must make decisions on the kind and the cost of equipment to buy.
Answers
Radford is a small company that manufactures automobile bearings. Managers at the company must make decisions on the kind and the cost of equipment to buy is an example of corporate finance.
Corporate finance is the domain of finance that deals with funding sources, capital structures, managerial actions to raise the firm's value to shareholders, and tools and analyses to allocate financial resources. The maximization or growth of shareholder value is the main objective of corporate finance.
There are two primary subdisciplines in corporate finance. Setting criteria for which value-adding projects should receive investment funding and deciding whether to raise capital that investment with equity or debt capital are both aspects of capital budgeting. Working capital management, which focuses on managing cash, inventory, and short-term borrowing and lending, is the management of the company's financial resources that deal with the short-term operating balance of current assets and current liabilities.
To learn more about corporate finance, click below:
https://brainly.com/question/17487525
#SPJ4
the pharmacist must prepare 60 g of a 40% ephedrine sulfate using the 60% and 20% products in stock. how many grams of the 60% and the 20% products are needed?
Answers
The pharmacist will take 30 mg of each salt after receiving an order for 60 mg of 40% ephedrine sulfate. The pharmacist will therefore need 30 grams each of 60% and 20%.
By altering the ratio of active substances to the total, a pharmaceutical preparation's potency can be raised or lowered.
A preparation can be strengthened or made more concentrated in one of three ways: 1. by adding active chemicals, 2. by mixing it with a similar preparation that is stronger, or 3. by letting its liquid vehicle evaporate.
A preparation's strength can be reduced or diluted in one of two ways: 1. by adding a diluent, or 2. by mixing it with a similar preparation that has less strength.
To learn more about pharmaceutical preparation, please refer:
https://brainly.com/question/24379776
#SPJ4
When property rights are well defined and markets are: competitive market equilibrium violates the conditions for economic efficiency.market equilibrium is consistent with economic efficiency.conditions necessary for economic efficiency no longer apply.quantity supplied will rarely equal the quantity demanded.
Answers
Complete Question:
When property rights are well defined and markets are competitive, the
Group of answer choices:
a. market equilibrium violates the conditions for economic efficiency.
b. market equilibrium is consistent with economic efficiency.
c. conditions necessary for economic efficiency no longer apply.
d. quantity supplied will rarely equal the quantity demanded.
Answer:
b. market equilibrium is consistent with economic efficiency.
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
Also, a competitive market is a type of market that comprises of numerous producers who compete with each other so as to satisfy or meet the material needs and wants of consumers at a specific period of time.
Hence, when property rights are well defined and markets are competitive, the market equilibrium is consistent with economic efficiency.
This ultimately implies that, when the ownership of resources are well defined and markets are competitive, all benefits from trade between the consumers and producers of goods and services has been maximized, and each units creating more benefit to the consumers than cost have been produced in the economy.
In which of the following situations is a good NOT scarce?
A. Consumer give up nothing to obtain more of the good.
B. Consumer can purchase as much of the good as they want at its current market price.
C. Large quantities of the good are available in the marketplace.
D. There is a surplus of the good at some positive price.
E. There is a shortage of the good at some positive price.
Answers
Afton Self Storage purchased land, paying $150,000 cash as a down payment and signing a $150,000 note payable for the balance. Afton also had to pay delinquent property tax of $2,000, title insurance costing $2,500, and $6,000 to level the land and remove an unwanted building. The company paid $50,000 to add soil for the foundation and then constructed an office building at a cost of $1,000,000. It also paid $65,000 for a fence around the property, $10,400 for the company sign near the property entrance, and $6,000 for the lighting of the grounds.
Determine the cost of Afton's land, land improvements, and building.
Answers
The cost of Afton's land, land improvements, and building is $1,376,900.
Here is the solution to the given problem: Afton Self Storage's cost of the land
Cash paid as a down payment = $150,000
Note payable for the balance = $150,000
Delinquent property tax = $2,000
Title insurance cost = $2,500
Land leveling cost = $6,000
Addition of soil for foundation = $50,000
Fence cost = $65,000
Company sign cost = $10,400
Ground lighting cost = $6,000
Therefore, the total cost of the land = $150,000 + $150,000 + $2,000 + $2,500 + $6,000 + $50,000 + $65,000 + $10,400 + $6,000 = $432,900.
The cost of Afton's building
Office building cost = $1,000,000
Therefore, the cost of Afton's building is $1,000,000.
The cost of Afton's land improvements
Land leveling cost = $6,000
Addition of soil for foundation = $50,000
Fence cost = $65,000
Company sign cost = $10,400
Ground lighting cost = $6,000
Therefore, the cost of Afton's land improvements is $6,000 + $50,000 + $65,000 + $10,400 + $6,000 = $137,900.
Hence, the cost of Afton's land, land improvements, and building is $432,900 + $1,000,000 + $137,900 = $1,376,900.
To learn more about land improvements, visit: https://brainly.com/question/29485254
#SPJ11
What are the five C's of the marketing mix
Answers
The 5Cs in the marketing mix are Company, Collaborators, Customers, Competitors, and Context.
What is a Marketing mix?The marketing mix is the collection of activities, or tactics, that a business employs to market its brand or merchandise.
A marketing framework called the 5C Analysis is used to examine the environment in which a company operates.
Along with risk exposure to various environmental factors, it can shed light on the main success factors. The 5Cs are Company, Collaborators, Customers, Competitors, and Context.
Learn more about marketing mix here:
https://brainly.com/question/28395764
#SPJ1
Lyla purchases a Gold plan, pays her premiums for 14 months, and then suffers a broken ankle that costs $17,000 for surgery.
How much did Lyla pay in premiums and her out-of-pocket expenses combined?
(Mathematics I think, not business)
Answers
What asset might a bank use as collateral for a mortgage?
A house
A boat
A vehicle
Jewelry
Answers
Answer:
A. A house
Explanation:
investment spending includes spending on
Answers
Answer:
Investment spending is spending on goods to produce other goods. Investment spending includes the accumulation of new inventories. It also includes spending by households on new houses. ... Gross investment is the total spending on investment goods.
Explanation:
Have a good day and stay safe!
When supply chain members realize that their goals and success are linked to others on the same team, they develop deeper long-term ______.
Answers
Answer:
must understand
Explanation:
researchers suggest that the one factor accounting for many of the successes of global teams is blank . multiple choice question. effective reward and recognition strategies reducing team diversity allowing intergroup conflict hand-off leadership
Answers
Researchers suggest that the one factor accounting for many of the successes of global teams is reducing team diversity.
Why should one reduce team diversity?
Researchers have suggested that reducing team diversity is one factor accounting for many of the successes of global teams. In other words, having a more homogeneous team in terms of cultural backgrounds, language, and other similar factors can help global teams to be more effective and successful in their work. However, it is important to note that this conclusion is based on research findings, and the ideal approach to diversity in global teams will vary depending on the context and specific goals of the team and organization.
Striving for a balance between diversity and homogeneity can lead to the best outcomes for global teams. It is crucial to carefully consider the specific context and goals of the team and organization when determining the ideal approach to diversity. In some cases, having a diverse team can lead to more creative and innovative solutions, while in others, a more homogeneous team may be more effective.
Hence, the answer is, "reducing team diversity."
To learn more about team diversity , follow the link:
https://brainly.com/question/14933597
#SPJ1
The world price of wine is below the price that would prevail in Canada in the absence of trade. a. Assuming that Canadian imports of wine are a small part of total world wine production, draw a graph for the Canadian market for wine under free trade. Identify consumer surplus, producer surplus, and total surplus in an appropriate table. b. Now suppose that an unusual shift of the Gulf Stream leads to an unseasonably cold summer in Europe, destroying much of the grape harvest there. What effect does this shock have on the world price of wine? Using your graph and table from part (a), show the effect on consumer surplus, producer surplus, and total surplus in Canada. Who are the winners and losers? Is Canada as a whole better or worse off?
Answers
A) As indicated in the illustration, the world price is below the equilibrium level (WP) in free trade. In Canada, the cost is P. The economy's surplus is as follows:
(1+2+4+5) represents the region of consumer excess.The area is represented by producer surplus (4).The total excess is represented by (1+2+3+4+5).b) The devastation of the grape crop in the Gulf Stream will cause an economic supply shock. This will restrict grape supply, causing grape prices to rise owing to a lack of supply. This will raise wine prices all around the world. As a result, as illustrated in the graphic, the global price of wine will now rise. The Canadian wine price will be P, while the global wine price will be WP.
The economy's surplus is as follows:
The area is represented by consumer excess (1).(2+3+4) represents the region of producer surplus.The total excess is represented by (1+2+3+4).What is Equilibrium Level in Economics?When aggregate supply and aggregate demand are equal, an economy is said to be at its equilibrium level of income. In other terms, it occurs when GDP equals total spending.
When supply and demand levels align, economic market equilibrium occurs, resulting in perfect market circumstances for buyers and sellers. Microeconomic and macroeconomic equilibrium are two forms of economic equilibrium. Supply and demand between buyers and sellers are balanced in microeconomics.
Learn more about Equiblibium Level:
https://brainly.com/question/14202392
#SPJ1
The management of Gresa Inc. is evaluating the appropriateness of using its present inventory cost flow method, which is average-cost. The company requests your help in determining the results of operations for 2020 if either the FIFO or LIFO method has been used. For 2020, the accounting records show these data:
Answers
To determine the results of operations for 2020 using the FIFO and LIFO inventory cost flow methods, we would need specific information about the inventory purchases, sales, and quantities.
Without this information, it is not possible to provide a calculation or analysis of the results.
The FIFO (First-In, First-Out) method assumes that the earliest inventory purchased is sold first, while the LIFO (Last-In, First-Out) method assumes that the most recently purchased inventory is sold first. These methods can yield different results in terms of cost of goods sold and ending inventory valuation.
To calculate the cost of goods sold and ending inventory using FIFO or LIFO, we would need information such as the quantity and cost of inventory purchases throughout the year, the quantity of inventory sold, and the quantity of inventory on hand at the end of the year.
Please provide the necessary data for inventory purchases, sales, and quantities, and we will be able to assist you in determining the results of operations for 2020 using the FIFO or LIFO method.
Learn more about sales here
https://brainly.com/question/25743891
#SPJ11
HELP PLEASE, I WILL GIVE BRAINLIEST!!
Select the qualification that is best demonstrated in each example.
*Judy is a Veterinarian who lifts animals onto her examination table ________
*Isaac is an Aquacultural Manager who trains and oversees workers ________
*Felix is a Zoologist who studies goats and carefully records information in his notes about them _________
options:
-For Judy: problem-solving skills, physical strength, teaching skills, and communication skills
-For Isaac: attention to detail, problem-solving skills, organizational skills, and leadership skills
-For Felix: teamwork, attention to detail, teaching skills, and flexibility
Answers
Answer:
1. Physical strength
2. Leadership skills
3. Attention to detail
Have a good day!!
Answer:
✔leadership skills
✔ physical strength
✔ attention to detail
Explan ation:
Using all 26 letters of the alphabet, can you complete the following 13 words?
(You may use each of the 26 letters only once.)
1. b a __ __ a i n
2. l __ __ g e r
3. d y __ __ s t y
4. __ __ g o t e
5. s a __ __ e
6. d i __ __ p a n
7. p u m __ __ i n
8. d e __ __ a y
9. b o __ __ a r
10. d i __ __ i t
11. s u n __ __ r n
12. o b l __ __ u e
13. l i __ __ o f f
Answers
Below are the completion of the 13 words
1. b a __ __ a i n = bargain
2. l __ __ g e r = ledger
3. d y __ __ s t y = dynasty
4. __ __ g o t e = Zygote
5. s a __ __ e = Sabre
6. d i __ __ p a n = Dishpan
7. p u m __ __ i n = Pumpkin
8. d e __ __ a y = Defray
9. b o __ __ a r = Boxcar
10. d i __ i t = Digit
11. s u n __ __ r n = Sunburn
12. o b l __ __ u e = Oblique
13. l i __ __ o f f = Liftoff
What is an alphabet?A set of characters used to represent a language's phonetic structure is called an alphabet. The characters are typically placed in a specific order or sequence in most alphabets.
An alphabet is a set of basic written graphemes that are standardized and serve to represent the phonemes of specific spoken languages. In this case, the correct words are given above.
Learn more about Word Completion at:
https://brainly.com/question/12606409
#SPJ1
A new equipment requires an investment of $130,000 to generate an income of $20,000 for the first 3 years, thereafter, increasing by $10,000 for the remaining life of 10 years. To recover the investment under a no-return payback condition it will take:
Answers
To recover the investment under a no-return payback condition, it will take 6 years.
The payback period is a financial metric used to determine how long it takes to recover the initial investment in a project or equipment. In this case, the investment for the new equipment is $130,000, and the income generated is $20,000 for the first 3 years, increasing by $10,000 for the remaining 10 years.
To calculate the payback period, we need to determine when the total cumulative income equals or exceeds the initial investment. For the first 3 years, the total income generated would be $20,000 per year, resulting in a cumulative income of $60,000. We subtract this from the initial investment of $130,000, leaving a remaining amount of $70,000.
Since the income increases by $10,000 per year for the remaining 10 years, it will take an additional 7 years to accumulate $70,000. Therefore, the total payback period would be 3 years + 7 years = 10 years.
However, since we are looking for the payback period under a no-return condition, where no income is generated after recovering the investment, we subtract the additional 7 years from the total payback period. Hence, the final payback period under a no-return condition is 10 years - 7 years = 6 years.
Learn more about : Investment
brainly.com/question/15105766
#SPJ11
then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
Answers
an equipment purchased last year is an example of a(n): a. avoidable cost b. differential cost c. sunk cost d. relevant cost
Answers
An equipment purchased last year is an example of a sunk cost.
Sunk costs are expenses that have already been paid for and cannot be retrieved. No matter what actions are taken in the future, the cost has already been incurred and cannot be changed. These costs attempt to explain why people are unwilling to just give up anything they have previously invested in, leading them to continue making investments even when they cannot recover their initial costs.
Equipment purchased last year is an example of a sunk cost as it is a past cost that has already been incurred and cannot be recovered. For example, if a company purchased equipment last year for $175,000, that cost is a sunk cost because it has already been paid and cannot be recovered. The company cannot change the fact that it paid $175,000 for the equipment, no matter what it does going forward.
Read more about sunk cost on:
https://brainly.com/question/28039832
#SPJ4
What does personal injury protection do? (1 point)
O
It covers damage to the named car if the accident is a hit-and-run or
the other driver does not have insurance or enough insurance.
It covers injury or death to others caused by the named driver or
named car.
O It covers damage to other people's property.
O
It covers medical costs to the driver and passengers of the named
vehicle.
Answers
Personal injury insurance does The driver and occupants of the designated vehicle are covered for medical expenses. As a result, choice (D) is accurate.
Any costs incurred for the prevention or treatment of illness or injury are considered medical expenses.
Health and dental insurance premiums, physician and hospital visits, co-pays, prescription and over-the-counter medications, occupants glasses and contacts, crutches, and wheelchairs are just a few examples of medical expenses.
Within specific parameters, medical expenses that are not reimbursed are deductible. Rarely are taxpayers who have access to group health insurance able to write off medical costs that are not repaid on their taxes.
Learn more about medical expenses, from :
brainly.com/question/3753242
#SPJ1
last year, the pottery palace supplied 8,000 ceramic pots at $40 each. this year, the company supplied the same quantity of ceramic pots at $55 each. based on this evidence, the pottery palace has experienced
Answers
In a situation where last year, the pottery palace supplied 8,000 ceramic pots at $40 each, and this year, the company supplied the same quantity of ceramic pots at $55 each. As a result, based on this evidence, the pottery palace has experienced a decrease in supply. Therefore, the option B holds true.
What is the significance of supply?
The supply of a product can be referred to or considered as the quantity distributed by a seller at a given price prevailing in the market. Price and supply are indirectly related.
When the price of a product increases, but does not affect a change in the quantity supplied than the previous quantity, it ultimately leads to a decrease in supply.
Therefore, the option B holds true and states regarding the significance of supply.
Learn more about supply here:
https://brainly.com/question/19594049
#SPJ4
The missing options to the question have been added to complete it.
A. Increase in supply
B. Decrease in supply
C. Increase in demand
D. Decrease in demand
"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answers
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
I just took the assignment