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3 years ago

Which phase defines gross domestic product (GDP)

1 answer:

OverLord2011 [107]3 years ago

7 0

The answer is letter b.
GDP is the total monetary value of all the finished goods and services produced in a country in a given period. It is usually calculated in an annual basis, but can be calculated quarterly-basis.

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Shonda Corporation Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2017 (in thousands) Direct materials:

kotykmax [81]

Answer:

Manufacturing costs incurred during 2017= $769,000

Explanation:

Giving the following information:

Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2017 (in thousands):

Direct materials:

Beginning inventory, Jan. 1, 2017= $135,000

Purchases of direct materials= 260,000

Cost of direct materials available for use= 395,000

Ending inventory, Dec. 31, 2017= 72,000

Direct materials used $323,000

Direct manufacturing labor 210,000

Manufacturing overhead costs:

Indirect manufacturing labor= $95,000

Plant utilities= 19,000

Depreciation—plant, building, and equipment= 43,000

Plant insurance= 2,000

Repairs and maintenance—plant= 17,000

Equipment leasing costs= 60,000

Total manufacturing overhead costs 236,000

Manufacturing costs incurred during 2017= direct materials used + direct labor + manufacturin overhead= 323000 + 210000 + 236000= $769,000

3 0

3 years ago

The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead co

Sloan [31]

Answer:

See below

Explanation:

Given the above information, we can compute variable manufacturing overhead efficiency variance to be;

= (SA - AQ) × SR

Where

Standard quantity = SQ = 19,000

Actual Quantity = AQ = 7,600

Standard Rate = SR = $1.9

Variable manufacturing overhead efficiency variance

= [(19,000 × 0.3) - 7,600] × $1.9

= (5,700 - 7,600) × $1.9

= $3,610 U

3 0

3 years ago

Beneficiary is one who unintentionally gains a benefit from a contract between other parties

son4ous [18]

The answer is "incidental beneficiary".

An incidental beneficiary refers to somebody who indirectly acquires an advantage as the aftereffect of the fundamental reason for the trust. An incidental beneficiary is a recipient who isn't a planned recipient. For instance, a grandchild may profit by his/her parent accepting a blessing which could be utilized by the whole family, or which he/she may acquire from the parent.

6 0

3 years ago

Does anyone know how to complete the "your checking account" packet? its for an Econ Ed class.

Elena-2011 [213]

Do you have a picture of it?

3 0

3 years ago

When companies study the possibility of moving to the Cloud, they often perceive that security is a roadblock to making things h

Georgia [21]

Answer:

Informing client of Accenture's firewall smart an innovative technology deployed right from the off in other to check and prevent security throughout the integration process.

Explanation:

Accentre should tell client about the companies model on how they intend to tackle such security concerns associated with the cloud. This is what a client whose fear is about security wants to hear. Once, Accenture explains how to the client about their early integration framework coupled with innovative technologies and firewalls geared at checking and preventing security breach, the client should be convinced and his fears allayed.

6 0

3 years ago