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Business, 17.10.2020 06:01 stormhorn491
What is it called where consumers react to rising prices by consuming less of a good and more of it's competitors?
Group of answer choices
Substitute Effect
Income Effect
Option Effect
Money Effect
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Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000
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Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. โ exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) โ na = (360 ) (360 ) oa b. na = (360 ) + 360 360 โ na = 360 na c. (360 ) = na + (360 ) (360 ) โ na = (360 ) na d. na = (360 ) + 360 360 โ na = 360 na
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