Answer:
Option (B) is correct.
Explanation:
If there is an any change in the GDP of a particular nation then as a result this will shift the demand curve. Increase in GDP or an increase in the income level of the people will shift the demand curve for goods rightwards. With the higher level of income, the consumer's demand for goods increases.
Any change in the price level of the goods will affect the quantity demanded for that goods and there is a movement along a demand curve.
A foreclosure is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
<h3>What is foreclosure?</h3>
foreclosure serves as the the action of taking in the possession of a mortgaged property in case they fail to meet up with mortgage payments.
In this case, A foreclosure is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
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<u>C) </u><u>Actual direct materials and direct labor costs are traced to products, but estimated overhead costs are assigned using predetermined rates.</u>
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<h3><u>What Are the Normal Costs?</u></h3>
The cost of a product is determined using standard costing. This method includes a standard overhead rate and actual direct costs applied to a product. It includes the actual cost of labor, materials, and a standard overhead rate that is calculated based on the product's actual consumption of the allocation base in question (such as direct labor hours or machine time).
You can prorate the difference between the cost of goods sold and inventory if there is a discrepancy between the standard overhead cost and the actual overhead cost, or you can charge the difference to the cost of goods sold (for lesser discrepancies).
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Answer:
a. $60.
Explanation:
While computing the relevant cost in case of special order only the variable manufacturing cost is to be considered as it will be changed in special order case.
And the other cot like - fixed manufacturing, variable & fixed selling, traceable fixed administrative cost, etc are not relevant as it remains constant
These costs are not useful for decision making. Hence, it is to be ignored
Answer:
B. On the declaration date
Explanation:
Dividend payable are usually advised by management but must be ratified by the shareholders (usually in the annual general meeting) for such to be come recognizable in the books. The date of ratification is the declaration date
As such a corporation record an increase in Dividends Payable on the declaration date.
The right option is B. On the declaration date