Answer:
Work In Process Account $150,000 (debit)
Overheads $150,000 (credit)
Explanation:
Overheads are included in Work In Process Account at their Applied Amounts .Thus a <em>Debit</em> in Work In Process Account and a <em>Credit</em> in Overheads Account is required for this entry.
The maximum amount of new loans to the bank could lend with the given amounts of reserve is; $400million.
<h3>Maximum amount of New loans</h3>
It follows from macroeconomics calculations that;
The maximum amount of new loans to the bank!= The current amount in reserves * The multiplier.
Given that the amount in reserves is $80 million.
- $80 million * (1/20%)
- $80 million * (5) = $400 million.
Ultimately, the maximum amount in new loans given the amount in reserves is; $400 million.
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brainly.com/question/25599836
Answer:
False because finance is totally different from management and financial accounting. Finance degree holder can not apply for every as the finance degree holder knows better about financial management not about management accounting or financial accouting. The major fields which a finance degree holder can apply for are accountancy firms, investment and high street banks, insurance firms, management consultancies, etc.
Answer:
30 pineapples
Explanation:
The computation of the marginal product of the 11th pineapple picker is shown below:
= 11 pineapple - 10 pineapple
= 270 pineapples - 240 pineapples
= 30 pineapples
Hence, the marginal product of the 11th pineapple picker is 30 pineapples
We simply applied the above formula so that the correct value could come