Answer:
$266,647
Explanation:
Total Moves = sum of total expected material moves of modular homes and prefab barns
= 580 + 180
= 760 Moves
Material handling cost allocated to Modular homes:
= (Expected total materials handling cost ÷ Total moves) × total expected material moves of modular homes
= ($349,400 ÷ 760) × 580
= $266,647
If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the modular homes is closest to: $266,647
Answer:
False
Explanation:
The correct answer is false because the interest rate does affect the intertemporal budget constraint.
A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.
The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.
<span>$140.00 x 0.075 = $10.50
Hope this helps!
</span>
Answer:
c.Insurance expense would be debited for $300.
Explanation:
Provided that
12 month insurance policy purchased on Dec 1 = $3,600
So, the adjusting entry on Dec 31 would be
Insurance expense A/c Dr $300
To Prepaid Insurance $300
(Being insurance expense is recorded)
The computation is
= $3,600 ÷ 12 months
= 300
As we have to compute for 1 month so we recorded $300 insurance expense
The answer to this question is true.
