Answer:
$150,000
Explanation:
The computation of value of ending inventory under absorption costing is shown below:-
Total Cost per unit = Direct Material per unit + Direct Labor per unit + Variable Overhead per unit + Fixed Overhead per unit
= $5 + $4 + $3 + ( $200,000 ÷ 25,000 units)
= $5 + $4 + $3 + $8
= $20
Ending Inventory in units = Units produced - Units sold
= 25,000 - 17,500
= 7,500
Cost of Ending Inventory = Total Cost per unit × Ending Inventory units
= $20 × 7,500
= $150,000
So, for computing the cost of ending inventory we simply multiply the total cost per unit with ending inventory units.
Answer:
b. a radio broadcast
Explanation:
The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all
Therefore as per the given options, the option b is correct
hence, the other options are incorrect
Answer:
$1,035
Explanation:
Each job costs $75
Job posted 15 jobs
Total income = $1,125. ($75X$15)
8% sales tax =$90 (0.08 x $ 1, 125)
Total cost= $ 1,123- $90
=$1,035
Answer:
True
Explanation:
In nominal dollars, China is currently the second largest economy in the world and India is the fifth largest. They are both considered developing nations since the GDP per capita is still low compared to other countries, China's GDP per capita = $10,100 and India's GDP per capita = $2,170. Even though their economies are large, their populations are even larger, both countries have around 1.3 billion people living in them.
If we use the purchasing power parity (PPP) their numbers are a little better, with Chinese economy being number one in the world with $27.31 trillion compared to the US's $21.44 trillion. The US is the only country whose PPP equals its nominal GDP since the American economy is used as the base economy for PPP calculations.
Both China's and India's economic growth rates are also higher than most developed nations, 5.8% for China and 7.5% for India.
