I know you are LOL.........
Answer:
$67,960
Explanation:
Residual income = Operating income - (Average invested assets * Cost of capital)
Residual income = $108,000 - ($500,500 * 8%)
Residual income = $108,000 - $40,040
Residual income = $67,960
Thus, the residual income is $67,960
Answer:
1. Calculation of the Cost of the Tramel Job
Particulars Amount
Direct material cost $2,300
Direct labor cost $500
Overhead applied <u>$650 (</u>500*130)
Total cost of job <u>$3,450</u>
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2. Particulars Debit Credit
Overhead Cost $1,300
To materials $800
To Labour $500
3. The Cost of the Tramel Job will not be affected
Answer:
The effect of increasing the money supply on inflation.
Explanation:
Answer:
Option "D" is the correct answer to the following question.
Explanation:
Investment in any country reduces due to an increase in the price level, because of that decrease in investment, the gross domestic product of that country also decreases.
Due to less production, the country is unable to export the goods.
Increasing the level of price increases the value of consumption goods, which in turn reduces the demand for consumption in the country.
