Jimmi wants a new cellular phone that many other people also want to buy. There are not enough phones produced to fill the demand. This is known as

A) rarity.

B) scarcity.

C) production cost.

D) opportunity cost

Lowden Company has an overhead application rate of 165% and allocates overhead based on direct material cost. During the current period, direct labor cost is $66,000 and direct materials used cost $74,000.

Determine the account and amount to be debited and the account and amount to be credited for the following adjustment. Equipment purchased for $63,000 on January 3, 2019, has an estimated life of 5 years and an estimated salvage value of $5,600.

Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars) : Month: 1 2 3 4 Cash sales 33 42 36 32 Credit sales 190 210 180 160 On average, 50% of credit sales are paid for in the current month,

Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 40,000 hours of production in the Weaving Department. The department has a full capacity of 53,000 hours under normal business conditions.

What is inflation? (A) an increase in the amount of money in circulation (B) a decrease in the overall price level (C) an increase in the overall level of economic activity (D) an increase in the overall price level

What happens when you do not make a decision?

Ginny is a 26-year-old who lost her job as a copy editor for a local newspaper. She has spent the past few weeks out of work and interviewing for other editing jobs.

What causes a change in the demand curve or a shift

Glenda, a sales representative for revo appliances inc., had to deliver a presentation on her company's latest offering: an innovative food processor. her target clients were senior managers and chefs from a reputed restaurant.

To discover the extent to which economic status can be used to predict political preferences?