Answer:
The answer is B) $21,400
Explanation:
We are required to determine the total activity costs for the return and shipping activities for product 1.
Shipping activity has a cost of $20 per shipment.
Sebastian made 800 shipments. The cost of this will be 800 x $20 = $16000
It is given that there were 90 returns. The cost per return is $60. The total costs of the returns are $5400.
The total costs are thus 16000 + 5400 = $21400
Therefore the answer is B) $21,400
The opportunity cost of producing one fish for Pilau is 1/4 coconut.
<h3>
What is the opportunity cost?</h3>
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Opportunity cost arises because the resources available to carry out production activities are available in limited quantities. So, when economic agents decide to produce a good, they forgo the opportunity to use the same resources to produce another good.
Economic theory suggests that the good that should be produced is the good that has the least opportunity cost.
Opportunity cost for Pilau of producing fish : 20 / 60 = 1/4 coconut
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Answer:
1%
Explanation:
Taylor's rule formula is as follow:
Target rate = Neutral rate + 0.5 x (Expected GDP growth rate - Long-term GDP growth rate) + 0.5 x (Expected Inflation rate - Target inflation rate)
Target rate = 2% + 0.5 x (-1%) + 0.5 x (1% - 2%)
Target rate = 1%
Answer:
Accounts
Wages Expense
Wages Payable
$100,000
$100,000
Explanation:
As the expense is accrued but not paid at the end of 2013. The transaction requires an adjusting entry. This will charge a wages expense and create the wages payable liability. Ultimately on January 3 it will be paid. Wages for the two weeks are $100,000 and the 14 days has been passed for the pay period until year end of 2013.
This is known as <u>"self-enhancement".</u>
Self-enhancement is when people tend to rate themselves better than expected, trust they have a superior than normal likelihood of progress, and ascribe their victories to individual inspiration or capacity while reprimanding the circumstance for their missteps.
Self-enhancement is a kind of inspiration that attempts to influence individuals to like themselves and to keep up confidence. This thought process turns out to be particularly unmistakable in circumstances of risk, disappointment or hits to one's confidence. Self-improvement includes an inclination for positive over negative self-sees.