The following accounts would appear on a schedule of cost of goods manufactured- Depreciation of factory equipment
Explanation:
<u>The cost of goods manufactured (COGM) schedule</u> is used to calculate the cost of all the items produced during a given reporting period.
<u>The cost of good manufactured schedule</u> gives companies an idea about their production cost(i.e whether it is too high or low) in relation to the sales they are making
<u>The formula to calculate the COGM i</u>s:
Add: Direct Materials Used
Add: Direct Labor Used
Add: Manufacturing Overhead
Add: Beginning Work in Process (WIP) Inventory
Deduct: Ending Work in Process (WIP) Inventory
= COGM
Answer:
D
Explanation:
The first 1000 minutes cost per month $50 and if you use 1200, minimum you will be charged with $50. To find the cost of the 200 reamining minutes, you multiply 200 times $0,35, which is the cost of one minute when you exceed 1000 minutes. Then you have:
$50⇒ for 1000 minutes
$70⇒ for 200 minutes
Total
$120⇒ for 1200 minutes
Answer:
Publicizing Voting Records and Publishing Research.
Explanation:
As they seek to influence the public opinion and not the government in this question, lobbying would be out as it is a tactic to influence congress members directly and not the public. Publishing voting records could be a valid tactic if said vote records were in favor of the group interest. Funding and publishing research is a valid tactic as well because it serves as a platform to get facts and data to the public, influencing its decision (in the scenario a research findings benefits the interest groups vision, obviously).
Answer:
The answer is: E) set up a line of credit with a bank that offers a revolving credit agreement.
Explanation:
A revolving credit is a credit line where the bank charges a business a commitment fee and allows the business to borrow money and use it only when they need the funds. This type of credit line lets the business decide when to use the money according to their cash flow needs.
Answer:
The x-coordinate of the intersection point represents the number of units for which the profit is 0.
Explanation:
The given revenues function is
The cost function is
It is given that graph of both function intersect each other at (2000,8000).
Intersection point of cost and revenues function represents that the total cost and total revenue are equal.
Profit = Total revenue - Total cost
Profit = TR - TC
Profit = TR - TR (TR=TC)
Profit = 0
The x-coordinate of the intersection point represents the number of units for which the profit is 0.
x-coordinate of the intersection point = 2000
The profit is 0 if the number of units is 2000.
