The gold standard of the 1900 ended the system that is known as the practice of bimetallism.
The gold standard act of the year 1900 was signed by President McKinley. This made gold to be the singular basis for the redemption of paper money in the United States.
This signing by the president was what put halt to what was regarded as bimetallism. This was the system that also allowed the use of silver also for the sake of monetary purposes.
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Answer:
$388,000
Explanation:
Data provided
Bond certificates printed = $26,000
Legal fees paid = $110,000
CPA registration = $12,000
Underwriter commission = $240,000
The calculation of amount of bond issue costs is shown below:-
Total Bond issue costs = Bond certificates printed + Legal fees paid + CPA registration + Underwriter commission
= $26,000 + $110,000 + $12,000 + $240,000
= $388,000
Answer: $8820
Explanation:
The total amount of budgeted direct labor for March will be calculated thus:
Production in March = 980
Estimated labor hour = 0.5hour
Labor rate per hour = $18
Total amount of budgeted labor hour will be:
= 980 × 0.5 × $18
= $8820
The choices were <span>A. A profit center. B. A cost center. C. A revenue center.
D. An investment center.
The answer is B. a cost center.
Cost centers give profit to a company indirectly. It can come from human resources, the right people for the job are hired makes efficient work done carefully. Research and development is also a cost center because it can search for productive works and innovations that can help the company address its weaknesses. R&D can lower the budget cost and still maintain the quality of products. </span>
