How does the automated system improve the efficiency and timeliness of financial <br> statements?

Per capita GDP of a country is the_____ divided by the_____

Art [367]

Answer: Per capita GDP of a country is the total quantity of goods produced divided by the number of citizens.

Explanation:

GDP represent the wealth of a country in a given period. A way to see this wealth is the total amount of goods produced.

The GDP is an economic indicator that reflects the relationship between the income level of a country and its population.

I hope the answer has served you!

Regards,

Brian

6 0

4 years ago

40. The Battaglia Co. produces lounge chairs. At a budgeted amount of 10,000 lounge chairs the manufacturing overhead is $50,000

bija089 [108]

Answer:

C. $4,500 favorable

Explanation:

Spending Variance is the difference between the actual and estimated value of the expense. In this question we need to calculate the variance of total manufacturing overhead.

Variable

Actual Variable cost = $60,500

Manufacturing overhead application rate = Budgeted overhead / Budgeted units = $50,000 / 10,000 units = $5 per unit

Applied Overhead = Actual production x application rate = 11,000 units x $5 = $55,000

Variance = $60,500 - $55,000 = $5,500 unfavorable

Fixed

Actual fixed overhead = $125,000

Budgeted Fixed overhead = $135,000

Variance = $135,000 - $125,000 = $10,000 Favorable

Total Variance = Variance of variable manufacturing overhead cost + Variance of fixed manufacturing overhead cost

Total Variance = $10,000 Favorable - $5,500 unfavorable

Total Variance = $4,500 Favorable

4 0

3 years ago

What is the purpose of capital controls?

Usimov [2.4K]

Answer:

2. To support fixed exchange rates and prevent speculative attacks on currencies

Explanation:

Capital control is any restriction placed on the exchange of currencies across a countries borders. It is done to prevent volatility of exchange rate. it reduces speculative attacks on currency. It also controls the flow of currency in an economy.

Capital control can be in the form of a fixed exchange rate or placing an upper limit on the amount of currency that can be imported or exported.

5 0

4 years ago

A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her cos

stiks02 [169]

Answer: straight lines that are parallel to each other

Explanation: Q: A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her costs, she either uses copper or bronze but not both. What must her isoquants look like?

An isoquant curve is defined as a line of equal or constant economic production on a graph, chart or map which describes all the combinations of inputs that produce the same level of output. If the jeweler either uses copper or bronze but not both, it means that the copper and bronze are perfect substitutes, that is, they are two inputs that can be substituted for each other at a constant rate and at the same time maintaining the same output level. Her isoquants would appear as straight lines that are parallel to each other because all that matters is the sum of the two variables (copper and bronze), and not their individual values.

7 0

4 years ago

You own and operate an internet business called study4marketing.com. you are launching a new electronic flashcards study tool on

Rus_ich [418]

Target Market - Vast number of people or small group that is the focus of an organization's marketing efforts

Marketing - Seeks to develop satisfying exchanges from which both customers and marketers benefit

Customers - The focal point of all marketing activities

8 0

4 years ago

How does the automated system improve the efficiency and timeliness of financial statements?