Answer:
146
Explanation:
The computation is shown below
<u>Particulars Surgical Surgical Rehab Rehab </u>
<u> Equipment Supplies Equipment Supplies</u>
Cost (A) 151 103 256 153
Selling price 272 135 342 153
Less:
cost to sell 18 10 18 7
Net realizable
value (B) 254 125 324 146
<u>Lower of A & B 151 103 256 146</u>
Answer:
a) real GDP =$20,000,000
b)velocity of money is 2.50
Explanation:
Nominal GDP is normal spending carried out in terms of dollars.
Nominal GDP is the product of real GDP and price level
Nominal GDP= real GDP*Price level
Given the nominal GDP=$25 million and the price level =1.25 then,
$25000000=real GDP *1.25
$25000000/1.25 = real GDP
$20000000= real GDP
Apply the quantity equation in economics which is;
money supply*velocity of money =price level * real GDP
Given the money supply is=$10,000,000 then,
velocity of money = (price level*real GDP)/money supply
velocity of money = (1.25*20,000,000)/10,000,000
velocity of money =2.50
Answer:
A Overhead: 180,634
B Production Cost: 214,410
C Period Cost: 71,091
Explanation:
<u>Manufacturing overhead</u>
Factory utilities 16,942
Depreciation on factory equipment 13,387
Property taxes on factory building 3,252
Indirect factory labor 49,656
Repairs to office equipment 2,179
Indirect materials 84,468
Factory repairs 2,465
Factory manager's salary 8,285
Total: 180.634
<u>Product Cost</u>
Direct labor 71, 743
Direct materials used 142,667
Total: 214,410
<u>Period Cost </u>
Sales salaries 47, 310
Depreciation on delivery trucks 4,546
Advertising 15, 712
Office supplies used 3,523
Total: 71,091
Answer
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Explanation
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