Answer:
The cost of goods sold for last year was $795,000
Explanation:
Last year, in Jasper Company, beginning and ending inventories of work in process and finished goods equaled zero. Therefore,
The cost of goods sold for last year = Total cost of units were produced = Direct materials + Direct labor + Manufacturing overhead
Jasper Company had Direct materials of $180,000, Direct labor of $505,000, Manufacturing overhead of $110,000
The cost of goods sold for last year = $180,000 + $505,000 + $110,000 = $795,000
The money a person gains after paying a citizens fee ( or for owning property or a building).
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Answer:
When incremental revenues exceed incremental costs.
Explanation:
A business makes profit when the marginal revenue earned exceeds the marginal cost incurred in producing a product.
In this scenario it is possible to accept a special order for less than the current selling price.
With the reduced price the company can still make profit. However the reduction in marginal revenue should be calculated to ensure the company does not run at a loss.
So, the interest rate will be undefined, we'll name the variable n.
4n(3000) = 510
(The 4 in the equation represents 4 years)
Multiply:
12000n = 510
We'll divide 510 by 12000:
n = 0.0425
The annual interest rate is 4.25%
Answer:
The people that are most affected are older ones that depend on a fixed income and people with loans to be payed that have adjustable interest rates.