Answer:
Explanation:
For passing the journal entry, first, we have to compute the predetermined overhead rate to know that whether the overhead is under applied or over applied.
Predetermine overhead rate = Estimated overhead cost ÷ direct labor cost
= $118,500 ÷ $125,600
=0.94
Now, we can compute the under applied or over applied overhead which is shown below:
= Actual direct labor cost × Pre determined overhead rate - actual overhead
= $115,800 × 0.94 - $108,000
= $108,852 - $108,000
= $852
Since the amount is in positive, so it is over applied overhead and the journal entry is given below:
Manufacturing overhead A/c Dr $852
To Cost of goods sold $852
(Being over applied overhead closed)
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
A. The percentage of the labor force that is unemployed
Answer:
$100
Explanation:
the marginal product per dollar spent on labor = 40 units / $20 = 2 units per dollar
the marginal product per dollar spent on capital = 60 units / $30 = 2 units per dollar
the marginal product per dollar spent on land = 2 = 200 / $X
$X = 200 / 2 = 100 ⇒ the cost per unit of land is $100
The marginal product per dollar spent on a factor of production (labor, capital or land) is MP(factor)/P(factor). It measures how many additional units of output can be obtained by spending $1 more in a factor of production.
So the answer of the question is a
A.incrased
