MC
Mikelle Carter
Answers (7)
MC
Answered
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: 
Recently, Job T687 was completed with the following characteristics:
The predetermined overhead rate is closest to:
A) $12.60 per machine-hour
B) $10.50 per machine-hour
C) $8.40 per machine-hour
D) $2.10 per machine-hour
Recently, Job T687 was completed with the following characteristics: The predetermined overhead rate is closest to:A) $12.60 per machine-hour
B) $10.50 per machine-hour
C) $8.40 per machine-hour
D) $2.10 per machine-hour
On Jun 01, 2024
B
MC
Answered
Solar energy, forests, fish, and oil are all examples of
A) renewable resources.
B) capital resources.
C) tangible resources.
D) natural resources.
A) renewable resources.
B) capital resources.
C) tangible resources.
D) natural resources.
On Jun 01, 2024
D
MC
Answered
If a firm in a perfectly competitive industry is experiencing higher than normal returns,in the long-run
A) Some firms will leave the industry and price will rise
B) Some firms will enter the industry and price will rise
C) Some firms will leave the industry and price will fall
D) Some firms will enter the industry and price will fall
A) Some firms will leave the industry and price will rise
B) Some firms will enter the industry and price will rise
C) Some firms will leave the industry and price will fall
D) Some firms will enter the industry and price will fall
On May 02, 2024
D
MC
Answered
Because of Environmental Protection Agency pollution credits to biodiesel producers, biodiesel becomes economically viable (as or less costly than using oil) when oil prices reach _____ or more per barrel.
A) $110
B) $55
C) $80
D) $127
A) $110
B) $55
C) $80
D) $127
On Apr 30, 2024
B
MC
Answered
Explain the reasoning behind why employment could increase for domestic-born workers if immigrant workers become complementary resources rather than substitute resources.
On Apr 29, 2024
Many immigrant workers and domestic-born workers are complementary resources rather than substitute resources. When that is the case, the lower wage rate resulting from large-scale immigration reduces production costs, creating an output effect that raises labor demand for certain domestic-born workers. For instance, the large number of immigrants in the home construction business lowers the cost of building homes, increasing the number of homes built. This results in an increased demand for domestic-born residents who produce home building supplies.
MC
Answered
Bait-and-switch advertising occurs if the seller fails to have reasonably adequate quantities of the advertised item available.
On Apr 28, 2024
True