Answer: Cost of goods sold account
Explanation:
When a company is operating a Standard Cost system, all their inventory accounts will be recorded at their standard costs.
The Variances that exist between the Standard and Actual costs will be recorded in the variance accounts as well as the manufacturing overhead account.
At the end of the fiscal year, the balances on these accounts are sent to the Cost of Goods sold account to reflect true cost.
Answer:
Unlike perfectly competitive firms, in the long run monopolistically competitive firms face excess capacity or unused capacity. They produced at a higher cost which implies wastage of resources or under-utilization of resources.
The process through which an organization gets information on how closely an employee's actual performance meets his or her performance plan is known as performance appraisal.
Answer: MICROECONOMICS
1.The effect of a change in price of one good on a related good.
MACROECONOMICS
2. The relationship between the inflation rate and the unemployment rate.
3.The effect of government subsidies on the agricultural industry.
Explanation: Microeconomics is a term of the to describe the impact of certain conditions on a single product or service,it doesn't consist of the whole economy or country.
Macroeconomics is a term used to describe the impact of certain conditions on the whole economy or country. Inflation rate, unemployment rate, effects of subsidy in Agriculture etc are all Macroeconomics statistics give better understanding of the economic performance.
Answer:
yield to maturity = 9.78%
Explanation:
yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / n]]
YTM = {$50 + [($1,000 - $913) / 2]} / [(($1,000 + $913) / 2]] = $93.50 / $956.50 = 0.09775 = 9.78%
The yield to maturity represents the total rate of return that an investor should receive if he/she holds a bond until it matures.
