All categories

3 years ago

Which of the following would increase the government purchases component of U.S. GDP?

Business

1 answer:

Evgesh-ka [11]3 years ago

6 0

Answer:

Statement C

The U.S. federal government pays $3 billion in salaries to soldiers in the military.

Explanation:

The purchase component is a part of business investment while calculating the effect on GDP.

Under this all the cost incurred by the companies to produce the goods are included in such costs.

In the given instance, only salary is paid at the time of production, and thus, this will form part of purchase component of GDP.

Amount paid as salary to soldiers in the military is the correct option, as it will increase the purchase component.

You might be interested in

Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhe

Maurinko [17]

Answer:

The results are below.

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 481,250 / 35,000

Predetermined manufacturing overhead rate= $13.75 per direct labor hour

<u>Now, we allocate overhead based on actual hours:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 13.75*40,000

Allocated MOH= $550,000

<u>Finally, the under/over applied overhead and the closing to cost of goods sold:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 644,000 - 550,000

Underapplied overhead= $94,000

When overhead is underapplied, we need to debit the cost of goods sold.

COGS 94,000

Manufacturing overhead 94,000

7 0

3 years ago

Any suggestions on a good movie?

Lemur [1.5K]

Lol umm fist fight hope this helps

8 0

4 years ago

Read 2 more answers

Moor Company: If overhead is applied to production basis of direct labor cost, what predetermined overhead rate was in effect du

snow_tiger [21]

Answer:

The predetermined overhead rate for machine hours is calculated by dividing the estimated manufacturing overhead cost total by the estimated number of machine hours

Explanation:

if the annual budget is based on a production quantity of 10,000 units and the direct labor required for each unit is three hours, the total direct labor is 10,000 x 3 or 30,000 hours. The total overhead expenditure is then divided by the total labor hours to arrive at the overhead rate.

5 0

4 years ago

Doc's ribhouse had beginning equity of 79000 and net icome of 23000. The company has no other transaction impacting equity. Calc

____ [38]

Doc's ribhouse ending equity would be $102,000 if has beginning equity of 79000 and net icome of 23000.

<h3>What is equity?</h3>

Equity is the amount of capital invested or owned by the owner of a company. The equity is evaluated by the difference between liabilities and assets recorded.

Doc's ribhouse beginning equity

= $79,000

Net income

= $23,000

Ending equity

= ?

Ending Equity

= Beginning Equity + Net Income - Dividends

= $79,000 + $2

= $102,000

Hence, Doc's ribhouse ending equity would be $102,000

Learn more about equity here : brainly.com/question/11556132

#SPJ1

7 0

3 years ago

What is the cost gained by producing one additional unit of a good or service?

SCORPION-xisa [38]

Answer:

B Marginal Revenue

Revenue is money earned from the production of goods and services.

5 0

2 years ago