Answer:
(a) $3 billion
(b) -$1 billion
Explanation:
All are in terms off billion
Y = 20
T = 2
C = 15
I = 2
we know that Y = C + I + G
20 = 15 + 2 + G
20 - 17 = G
G = 3
So the value of the goods and services purchased by the government of Yokovia = 3 billion
Public saving = T - G
= 2 - 3
= - 1 billion
Cost accounting systems are used to Accumulate period cost and assign them to products or services.
Cost accounting systems are useful in both manufacturing and service industries. This system is used to determine product costs, or the total cost of a product, which includes overhead, materials, and labour. According to a number of variables, including worker hours, machine hours, and other considerations, period costs are given to items.
Cost accounting, according to the Terminology of Cost Accounting, is the process of accounting for costs from the point at which expenditure is spent or committed through the development of its final relationship with cost centres and cost units (England).
<u>The purpose and role of cost accounting</u>
These are the primary goals or duties of cost accounting:
- Cost reduction and cost control
- Decision-making, control, and preparation
- Pricing fixation for sales
- Calculating the projected profit or loss for each activity.
Learn more about Cost accounting, here
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<span>In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become more strategic and able to deliver a competitive advantage, cios now report directly to the ____.</span><span>
CFO; CEO</span>
Put them over your knee and spank them
or just get the chancla
Answer:
25%
Explanation:
Calculation for the proportion of Machining activity used by Product 5
Using this formula
Machining activity = Product 5 Machine hours /Total machine hours
Let plug in the formula
Machining activity = 1,100/4,400
Machining activity = 0.25×100
Machining activity = 25%
Therefore the proportion of Machining activity used by Product 5 is 25%
