When labor supply decreases, the wage is expected to:

a. increase.

b. change in an indeterminate direction.

c. decrease.

d. remain the same?

In a process costing system, the number of units started and completed for a period is equal to: Multiple Choice Units transferred out less units in beginning work in process. Units transferred out less units in ending work in process.

Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Directavia, a nation with a pure command economy. Which of the following would you include in your report as weaknesses of Directavia's economy? a.

This year, Lambert Company will ship 1,500,000 pounds of goods to customers at a cost of $1,200,000. If a customer orders 10,000 pounds and produces $200,000 of revenue (total revenue is $20 million), the amount of shipping cost assigned to the

Distributor packages and sells two types of products, A and B. The respective sales prices for the products are $10 and $5. The distributor has enough storage capacity for 1000 total products.

Aeryn Soon is a potential investor of Hippy Dippy Inc.'s preferred stock, which is currently selling for $475 per share. Hippy Dippy pays an annual dividend of $40, and Aeryn's required return is 8 percent.

ts sold ... 10,000 9,000 Sales revenue ... $120,000 $103,500 Variable manufacturing cost ... 40,000 36,000 Fixed manufacturing cost ... 20,000 20,000 Variable selling and administrative cost ... 10,000 9,000 Fixed selling and administrative cost ...

Credit cards should be used for A. anything you want. B. things you can't afford. C. budgeted expenses you need to pay over time. D. wants rather than needs

Ajith running an internet cafe. Identify the economic activity mentioned here

Black Cable Company, an accrual basis taxpayer, allows its customers to pay by the year in advance ($600 per year) or two years in advance ($960).

The total of all outputs produced by the transformation process divided by the total of the inputs is: A. utilization. B. defined only for manufacturing firms. C. multifactor productivity. D. greater in manufacturing than in services. E.