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3 years ago

The bretton woods agreement incorporated all of these features except ________.

1 answer:

8 0

Hello <span>Wahsorad4380 </span>

Question: The bretton woods agreement incorporated all of these features except ________.<span>

Answer: floating exchange rates

Hope This Helps!
<u>-Chris</u></span>

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Terapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $23,4

uysha [10]

Answer:

Journal Entries

Journal 1 :

Equipment $23,400 (debit)

Cash $23,400 (credit)

Being Purchase of Equipment

Journal 2 :

Cash $6,800 (debit)

Service Revenue $6,800 (credit)

Being Service rendered for Cash

Journal 3 :

Salaries Expense $2,100 (debit)

Cash $2,100 (credit)

Being Salaries expense paid

Explanation:

Narrations have been provided to explain the transaction. Remember to use the account titles provided in accounting for the transactions.

8 0

2 years ago

Custom Engines Company has the following estimated costs for the upcoming year: Direct labor costs $62,800 Direct materials used

jenyasd209 [6]

Answer:

Predetermined manufacturing overhead rate= $33.1 per direct labor hour

Explanation:

Giving the following information:

Salary of factory supervisor $37,800

Heating and lighting costs for factory $22,900

Depreciation on factory equipment $5500

The company estimates that 2000 direct labor hours will be worked in the upcoming year.

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

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

Predetermined manufacturing overhead rate= (37,800 + 22,900 + 5,500) / 2,000

Predetermined manufacturing overhead rate= $33.1 per direct labor hour

8 0

2 years ago

Tinker's cost of goods sold in the year of sale (2019) was $790,000 and 2018 cost of goods sold was $810,000. The inventory at t

gladu [14]

Answer:

91 days

Explanation:

Here, we are to calculate the average number of days it will take to sell its inventory in 2019.

We proceed mathematically as follows;

Inventory turnover=COGS/Average inventory

Average inventory=(192,000 + 202,000)/2=$197,000

hence inventory turnover=(790,000/197,000)= 4.01

hence average days to sell=365/4.01 =91 days (approx)

6 0

3 years ago

If the number of employed workers equals 200 million and the number of unemployed workers equals 20 million, the unemployment ra

fenix001 [56]

If the number of employed workers equals 200 million and the number of unemployed workers equals 20 million, the unemployment rate equals 9%.

<h3>What is the unemployment rate?</h3>

The unemployment rate is the percentage of the labour force that is unemployed.

The unemployment rate = (number of unemployed people / total labour force) x 100

Total labour force = 200 million + 20 million = 220 million

(20 / 220) x 100 = 9%

To learn more about unemployment, please check: brainly.com/question/10940465

#SPJ1

5 0

1 year ago

A company uses the weighted average method for inventory costing. At the start of a period the production department had 28,000

yaroslaw [1]

Answer: $4.38

Explanation:

Conversion costs are based on completed units so those units that are yet to be completed will be converted into equivalent units.

Units produced = Units completed and transferred out + equivalent WIP

= 169,000 + (26,000 * 79%)

= 169,000 + 20,540

= 189,540 units

Total Conversion costs = beginning conversion costs + conversion costs added during period

= 103,000 + 726,925

= $829,925‬

Conversion cost per equivalent share

= 829,925‬/189,540

= 4.3786

= $4.38

6 0

3 years ago