Answer:
the degree to which the prices of imported and exported goods change as a result of exchange rate changes.
Explanation:
Since Simone does not have any children and no one else lives with her, then, her correct and favorable filing status is Head of Household.
Basically, the filing status determines the amount of tax payable that a tax payer is liable to pay to the authority.
The filing status recognized in U.S. includes Single, Married filing jointly, Married filing separately, Head of household and Qualifying widow(er) with dependent child.
Since Simone does not have any children and no one else lives with her, then, her correct and favorable filing status is Head of Household.
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Answer:
<u>Cost of goods manufactured schedule for the month ended June 30, 2017</u>
Raw Materials $46,720
Direct Labor $51,740
Manufacturing Overhead :
Indirect labor $6,510
Factory insurance $4,700
Machinery depreciation $4,380
Machinery repairs $1,990
Factory utilities $3,740
Miscellaneous factory costs $1,980
Add Opening Work in process Inventory $5,670
Less Closing Work in process Inventory ($7,610)
Cost of goods manufactured $119,820
Explanation:
Cost of goods manufactured schedule is a summary of manufacturing costs for the production period.
<u>Determination of Raw Materials In Production</u>
Raw Materials T - Account
<u>Debit :</u>
Opening Balance $9,180
Purchases $55,020
Totals $64,200
<u>Credit :</u>
Work In Process (Balancing figure) $46,720
Closing Balance $17,480
Totals $64,200
Answer:
The answer is: D) With increases in technology, the aggregate production function shifts up, indicating more output is produced from the same amount of inputs.
Explanation:
Technological improvements in new manufacturing machines and tools enable the production of more manufactured goods using the input. As technology increases, the production function shifts upward, is steeper, and the marginal product of capital increases.
