Answer:
Y represents the economy’s total expenditure
Explanation:
The equation Y = C + I + G + NX represents the expenditure approach to calculating GDP.
Y - economy’s total expenditure
C - household expenditures on services and goods
I - investment by firms
G - Government Spending
NX - Net Export
The variables can either be positive or negative .
I hope my answer helps you
Based on the fact that Kay Company will use direct labor hours as its overhead allocation base, the overhead for a product with 5 labor hours is $228.
<h3>What is the overhead assigned to the product?</h3>
This can be found as:
= Total overhead cost / Number of labor hours x Product labor hours
Solving gives:
= 4,104,000 / 90,000 x 5
= 45.6 x 5
= $228
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In order to find out if employees are doing their job as they should in an efficient and effective manner, managers use performance management.
<h3>What is performance management?</h3>
This refers to anything that employers do in order to find out how employees are doing as regards helping the company to meet its organizational goals.
These methods go beyond trying to find out how employees are doing as regards work, but also tries to suggest ways that the employees can get better at what they do.
In order to do this, the employees need to be monitored and the process they use to go about their jobs need to be studied. They are then juxtaposed with industry best practicies to make them better.
Performance management is therefore hugely important in companies as it ensures that they meet organization objectives.
In conclusion, this is performance management,
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Answer:
The answer is A. A debit to Accounts Receivable for $ 586,080
Explanation:
Sales tax is an additional amount of money one pays based on a percentage of the selling price of goods and services that are purchased.
The sales tax amount will be added to sales revenue to form the total bill.
Sales revenue ----------------- $528,00
Sales tax -------------------------- 11%
Sales tax amount
$528,00 x 0.11
= $58,080
Therefore, total bill is:
$528,00 + $58,080
=$586,080.
Debit increases an asset(accounts receivable) while credit decreases an asset(accounts receivable).
Since the accounts receivable will increase, it will be on debit side.
