Answer:
is the dollar value of all final output produced within the borders of the nation during a specific period of time.
Explanation:
A nation’s nominal gross domestic product (GDP) is the dollar value of all final output produced within the borders of the nation during a specific period of time. Under a nominal gross domestic product (GDP) calculation for an economy, the current dollar value of the finished goods and services within the country is used. Since it is a measure that uses the current dollar value, it also include changes in price due to inflation or an increase in price in the economy. Therefore, it does not give an accurate estimate of the performance of an economy because the prices of finished goods and services are inflated.
Answer:
$0.29 per mile
Explanation:
The computation of the depreciation per miles under the units-of-production method is shown below:
= (Original cost - expected salvage value) ÷ (estimated miles)
= ($33,000 - $1,680) ÷ (108,000 miles)
= ($31,320) ÷ (108,000 miles)
= $0.29 per mile
Simply we deduct the expected salvage value from the original cost and then divide it by estimated miles so that per mile can come
Answer:
Allocated MOH= $420
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (253,600/31,700) + 6
Predetermined manufacturing overhead rate= $14 per machine hour
<u>Now, we can allocate overhead to Job L716:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 14*30
Allocated MOH= $420
Answer:
Contingency plan.
Explanation:
Contingency plan is a plan conducted by an organization to prepare for , react to and recover from events that threaten the security of information and information assets in the organization , and the subsequent restoration to normal modes of business operations.
It prepares the organization for any potential risk , as response to such risk will be fats and timely , and consequently , loss are minimized.