Answer:
$120,000
Explanation:
Calculation to determine What should be the balance in the Work-in-Process Inventory following these transactions
Beginning balance in WIP $75,000
Add: Direct materials transferred $39,000
Direct factory labor cost $6,000
Ending balance $120,000
($75,000+$39,000+$6,000)
Therefore What should be the balance in the Work-in-Process Inventory following these transactions is $120,000
Answer:
d. 9,200 units.
Explanation:
The computation is shown below for break-even points in units:
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Fixed costs = $260,000 + $11,400 = $271,400
Contribution margin per unit = Selling price per unit - variable cost per unit
= $50 - $20.5
= $29.5
Now put these values to the above formula
So, the units would equal to
= $271,400 ÷ $29.5
= 9,200 units
If Jamal is creating a four-fold brochure about the parts of a business including production, finance, marketing, and customer service If he only wants to highlight the key aspects of each part with several bullet points, the information he should include will be:
Jamal should carry out adequate and accurate research concerning the vital information that should be included in the brochure.
The information that he should include in his brochure should be:
- He should include relevant information that the customers need in the brochure.
- He should show professionalism or he should show how professional he his when it has to to with his business.
- He should highlight the most important aspect of the business such as the company products and services.
- He shown reveal the purpose and objective of the business including what the business stand for.
The reason why i feel this is the most important information about each part of a business is because it will enables people to know that he is good at what he does which will in turn help to promote the business.
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Answer: c. An increase in the aggregate price level causes consumer and investment spending to fall because consumer purchasing power decreases and money demand increases.
Explanation:
The Aggregate Demand (AD) curve is used to measure the impact that price level has on the expenditure in the economy.
The AD comprises of Investment, Consumption Spending, Government spending and Net Income.
When prices are high, households will spend less as they cannot afford to spend a lot which will reduce consumption spending.
Another result of a high price level is that people will have less money to save and so there will be a lower supply of loanable funds.
Both of these components of the AD reduce when prices increase and vice versa. This is why the AD is downward slopping.