Answer:
Company’s Cost of Goods Manufactured = $1,506,500
Explanation:
Use following formula to calculate cost of goods manufactured
Cost of Goods Manufacture = Direct Material cost + Direct labor cost + Manufacturing overhead + Work in process beginning balance - Work in process Ending balance
Cost of Goods Manufacture = $523,000 + $215,000 + $774,500 + $78,000 - $84,000
Cost of Goods Manufacture = $1,506,500
purchased goods for Rs 10000 and paid Rs 4000 in cash. The balance amount is paid through cheque after receiving discount Rs 500.
Total balance is 500
In economics, a good is anything that satisfies a person's needs and provides utility, such to a customer buying a satisfying product. Services that cannot be transferred and transferable products are two categories that are frequently distinguished. When a good is helpful to people but is in short supply compared to demand, it is said to be a "economic good" and requires human effort to attain. Free things, on the other hand, like air, are always available and don't require any deliberate effort to obtain. Private goods include anything a person owns or uses on a regular basis that is unrelated to food, such as televisions, living room furnishings, wallets, cell phones, etc.
A consumer good, often known as a "ultimate good,"
Learn more about good here
brainly.com/question/15727371
#SPJ9
An individual who has been appointed by another person to act on their behalf and in their best interest is known as an agent.
In legal terminology, an agent is a person who has been empowered legally to act on the behalf of another person. An agent may be employed to represent a client in dealings and negotiations with third parties. Depending on the situation, the agent may be granted decision-making authority.
The agent is given the authority to take necessary action on someone else's behalf. People usually hire agents to conduct matters that they lack expertise or time to do for themselves.
You can leanr more about Agent at
brainly.com/question/7284696
#SPJ4
Answer:
The correct answer is letter "B": magnitude of the response in quantity demanded to a change in price.
Explanation:
Price elasticity of demand is the measure of how quantity demanded for a good or service changes as a result of changes in price. <em>Price elasticity of demand is calculated by dividing the percentage change in quantity demanded by the percentage change in price</em>. If the result is equal or greater than one (1) the good or service is elastic. If the result is lower than one (1), the product is inelastic.
Answer:
A
Explanation:
Lower class can not usually afford store like this. Hence why they are called lower class
