Use the Given Information to Write an Equation $\frac { 30 } { x } = 5 ; 6$

question 34

Multiple Choice

Use the given information to write an equation. Let x represent the number described in the exercise. Then solve the
equation and find the number.
-If thirty is divided by a number, the result is five.

• A) \(\frac { 30 } { x } = 5 ; 6\)
• B) \(30 - x = 5 ; 25\)
• C) \(\frac { 30 } { 5 } = x ; 6\)
• D) \(\frac { x } { 30 } = 5 ; 150\)

Understand the role and development of normative theories in accounting.

Comprehend the components and consequences of agency costs, including monitoring and bonding costs, and residual losses.

Understand the economic assumptions underlying positive accounting theory, including the rational economic person assumption.

Recognize the importance of accounting policy decisions in financial reporting.

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Definitions:

Variable Manufacturing Cost

Costs that vary directly with the level of production output, such as raw materials and direct labor costs.

Production Volume

The total quantity of goods or services produced by a business within a certain period.

Fixed Component

A portion of a cost that remains constant regardless of the level of production or sales volume, such as rent, salaries, and insurance.

Mixed Cost

A cost composed of a fixed and variable component, changing with the level of activity but also containing a constant element.