Answer:
B
Explanation:
When we talk of a decreasing cost industry, we refer to an industry in which the expansion of the industry will lead to a decrease in the unit production cost.
So with respect to the question at hand , the correct answer is that the input prices will fall as industry expands
The case of a a technological improvement is expected to drive a decrease in the input prices for production in the expanding industry
These costs called as Transferred costs.
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Explanation:</u></h3>
The costs that are accumulated during the time of upstream production process in a firm refers to Transferred costs. These are associated with the goods that are transferred to the next department of a business from one department. With this product there will be a continuation of the production process.
These are semi finished goods that are transferred for the purpose of continuing the production process. When these units are moved form the processing department to the next department, these transferred cost will be transferred from one work in process account to the next account.
Answer:
$37.30
Explanation:
Sales per share S = 25.37
PS ratio = 1.47 times
PS ratio = Price to sales ratio = P/S
P/S = 1.53
Price per share = (P/S) * Sales per share
Price per share = 1.47 * 25.37
Price per share = $37.2939
Price per share = $37.30
Answer:
d.$15,080 favorable
Explanation:
The formula and the computation of the direct labor time variance is shown below:
Direct Labor Efficiency Variance
= (Standard Hours allowed - Actual hours) × Standard rate
where,
Standard hours allowed = 7,300 hours
Actual hours = 6,000 hours
And, the standard rate is $11.60
So, the direct labor time variance is
= (7,300 hours - 6,000 hours) × $11.60
= 1,300 hours × $11.60
= 15,080 favorable
