Answer:
Date Account titles and description
20 No entry
26 No entry
31 No entry
31 No entry
Explanation:
1. Only $5,500 was submitted by Brett. No incorporated financial transaction
2. Owner not prepared to pay $5.500
3. Also Brett's provision for vehicle prices to be winterised will be $75.
4. Once Brett paid the salary ' under the table, ' the employee was willing to work $3 less per hour. Salary only fee not charged or due.
Thus, no log entry as well as T accounts have been completed.
The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Since the end of the Korean War in the early 1950s, the federal government's purchases of goods and services as a percentage of GDP have been falling.
Automatic increases and decreases in government expenditure and taxation that follow the economic cycle. The majority of government spending in the United States took place at the state and municipal levels up to the Great Depression of the 1930s.
The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Federal Expenditures and Purchases as a Percentage of GDP, 1950–2008.
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Question Completion:
Assume that the price per ton of oranges in the international market is $810 and equilibrium is established at the price of $900 for 120 tons.
Answer:
If Bangladesh is open to international trade in oranges without any restrictions, it will ____import____ tons of oranges. Suppose the Bangladeshi government wants to reduce imports to exactly 120 tons of oranges to help domestic producers. A tariff of ____$90____ per ton will achieve this. A tariff set at this level would raise $___10,800______ in revenue for the Bangladeshi government.
Explanation:
A tariff of $90 per ton will raise the price of a ton of oranges to $900 ($810 per ton as indicated on the question). When the price is raised to $900 in the domestic market, the quantity demanded will equalize with the quantity supplied at 120 tons.
Answer:
C.$46,730
Explanation:
Nadal Corporation manufactures custom molds for use in the extrusion industry. Based on the data available we first see the formula to calculate the total manufacturing cost of the job 532.
In general, sum of all the cost directly or indirectly included in the manufacturing cost. Therefore the formula is as below
Total Manufacturing Cost = Direct Labor Cost + Direct Materials Cost + Manufacturing Overhead Cost.
Direct labor cost $36,800
Direct materials used $5,000
Predetermined manufacturing overhead rate based on machine hours $17 which is = $17 x 290 hours
Manufacturing cots= 4930$
Total Manufacturing Cost = 36800 + 5000 + 4930
Total Manufacturing Cost = 46,730$
It's D. Increasing the reserve requirement on banks
