Our concept of what a business is involves the important use of economic calculation in the decision-making process by an entrepreneur whether or not to form a business unit, or if expansion of an existing business unit is contemplated, whether or not to proceed with the expansion. The entrepreneur attempts to construct a persuasive story, or case, persuading him- or herself to undertake or not to undertake the formation of a new business (or expansion of an existing one) by utilizing eight (8) key accounting concepts (or categories). The eight key accounting concepts utilized in economic calculation are found immediately below. Which pair of concepts is not included in the list of concepts utilized in economic calculation? a. capital and income
b. revenue changes and rates of taxation
c. expenditures and savings
d. costs and yield

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

Acrosswalk_when there are no pavement markings.

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