On august 15, calvin offers to sell clarissa his laptop for $500 cash. he tells clarissa she can only accept the offer by mailing the money to arrive by september 2 at his university mailbox. clarissa mails a check for $500 to calvin, and the money arrives in the mailbox by august 30th, although calvin doesn't retrieve his mail (along with clarissa's payment) until september 4th. did clarissa accept calvin's offer?

)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above

Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.