Answer: The GDP deflator
Explanation: The GDP(gross domestic product) deflator is a price index that is used to measure the prices of all the goods and services produced within an economy. The cars which are exported by General Motors are produced domestically within the United States of America and exported outside the country.
Any goods produced externally are not considered when determining the GDP deflator.
Answer:
Explanation:
MTN is a telecommunication company, that establish in various places. Angola and Ethiopia are two new countries MTN they are looking into for establishment and a scan is done for the global environment this is to enable them have an overview of the business environment, the environment have not been penetrated by a telecommunication company hence a scan is needed.
There may be need for more facilitators of telecommunications this can be identified during the scan
Hence, the scan is like a survey that helps point out the need of the environment and it also help them have a structure plan.
I think the correct answer from the choices listed above is option D. <span>The rate of exchange has been fluctuating wildly this week. Rate of exchange is the one being monitored by every country every moment so it should be this the correct answer. Have a nice day.</span>
Answer:
A.Direct material 5,320
Direct labour 1,700
Manufacturing overhead 2,550
B. Total cost 9,570
Unit cost 6.38
C. Dr Finished goods inventory account 9,570
Cr Work in Process inventory account 9,570
Explanation:
A. Calculation for the predetemined manufacturing overhead rate
Date Direct material Direct Labour Manufacturing Overhead
5/10 1,330
12 1,120
15 550 825 825
22 480 720 720
24 1,000
27 1,870
31 670 1,005
Total 5,320 1,700 2,550
B. Calculation for the total cost and the unit cost of the completed job
Cost of Completed job :
Direct material 5,320
Direct Labour 1,700
Manufacturing Overhead 2,550
Total Cost 9,570
Unit Cost = Total Cost / Number of units
Unit cost = 9,570/1,500
Unit cost = 6.38
C.Therefore when a job is fully completed, thebFinished goods inventory account will be
debited with the correspondent credit of Work in progress account.
Journal entry
May.31
Dr Finished goods inventory account 9,570
Cr Work in Process inventory account 9,570
Answer:
The correct asnwer is : Journal entries
Bonds Payable 600,000
Cash: 600k6/1210%=30,000
Interest Payable 30,000
Explanation:
(a) Issuance of bonds:
Cash: 600k * 1.02 =612k
January 1st, 2014:
Cash 612,000
Premium on Bonds Payable 12,000
Bonds Payable 600,000
(b). Payment of interest and amortization:
Interest Expense: 612,0006/12.097705 = 29,897.73
Cash: 600k6/1210% = 30,000
July 1st, 2014:
Interest Expense 29,897.73
Premium on Bonds Payable 102.27
Cash 30,000
(c). Accrual of interest and related amortization:
Interest Payable: 600k6/12.1=30,000
Interest expense: (612k-102.27)6/12.097705=29,892.73
December 31st, 2014:
Interest expense 29,892.73
Premium on Bonds Payable 107.27
Interest Payable 30,000
