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Svetradugi [14.3K]
3 years ago
5

This outcome of an expansionary period would be considered negative for those living on a

Business
1 answer:
Ket [755]3 years ago
3 0

Answer:

fixed income

Explanation:

During the expansion business cycle, economic activities are on the increase. Key economic indicators such as employment, incomes, business earnings, demand, and supply of goods and services show positive and progressive numbers. During expansion, the GDP growth rate is healthy, and the level of investment is high.

The expansion phase brings along inflationary pressure. At the peak or near the end of the expansion cycle, the inflation rate is always above the optimal level and sometimes in double digits.  A high rate of inflation weakens the purchases power of the local currency. Employees on a fixed income will be disadvantaged. Their income will afford them fewer goods and services compared to the period before expansion.

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Which occupation is expected to decline between 2016 and 2026?
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Answer:

carpet installers

Explanation:

I just literally took this trust me

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3 years ago
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The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde
lakkis [162]

Answer:

1.Cost of direct material used =$168000

2.cost of  direct labor used =$100000

3.Cost of goods manufactured =$396800

4.cost of goods sold =$422100

5.Gross profit = $577900

6.Under applied factory overhead =$84000

Explanation:

Direct labour= (D/L)

Direct material = (D/M)

Factory overhead =( FOH)

Raw material used = material (open) +purchased -material (end)

                               = 30000+194000-56000

                              = 168000.

Entry:  Dr work in process  168000

                   Cr raw material          168000

Manufacturing cost = Raw material used + direct labor cost + factory overhead.

                        = 168000+100000+(16000+23000+100000) = $407000.

COGM= Manufacturing cost+work in process (open)-work in process (end)

          = 407000+9900 - 20100 = $396800.

Applied factory overhead= direct labor * predetermined rate

                                          = 100000*55% = $55000.

entry: Dr  work in process  55000

               Cr Applied factory overhead   55000.

Cost of goods sold = Cost of goods manufactured + finished goods (open) -finished goods (end).

                             = 396800+59000-33700 =$422100.

                                             T-account

Raw material                                                           Work in process

Dr___________Cr__                                      __ DR ___________CR

30000--                                                         (open)  9900 ----

194000---                                                     (D/L)  100000   ---  

             ----                  56000                     (FOH) 55000    ---   20100

            ---- bal figure 168000                             168000  --   bal fig 312800.

Actual factory overhead = $139000

Applied factory overhead =$<u>55000</u>

Under applied factory overhead = 84000.

Sales =                                                                                             1000000

Less cost of goods sold =                                                             (<u>422100</u>)

Gross profit                                                                                    577900

6 0
3 years ago
For teachers involved in gifted education programs one of the key tasks to accomplish is
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<span>A gifted education teacher has a rewarding task, to enrich the intellect of those students who are not being challenged by the regular school curriculum. One of the key tasks is to promote a sense of community, of not being different or alone, and to ease anxiety that the student may feel by being "different"></span>
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4 years ago
Clydesdale Corporation has a cumulative temporary difference related to depreciation of $580,000 at December 31, 2017. This diff
Goryan [66]

Answer:

The amount Clydesdale should report as a deferred tax liability at December 31, 2017 is  $214,840

Explanation:

The computation of the deferred tax liability is shown below:

= 2018 difference × Enacted tax rates + 2019 difference × Enacted tax rates + 2020 difference × Enacted tax rates

= $42,000 × 34% + $244,000 × 34% + $294,000 × 40%

= $14,280 + $82,960 + $117,600

= $214,840

We considered the difference of each year and its enacted tax rates. Th depreciation is not relevant. Hence, we ignored it

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