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3 years ago

How much do you expect gas to cost in 2020?

Business

2 answers:

mina [271]3 years ago

4 0

Atleast 5 dollars because of how there is a limited supply of gasoline today

sergij07 [2.7K]3 years ago

4 0

4.98 because every thing in 2020 is probably going to cost double of what it is today

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XYZ Corp. applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $65 per direct manufacturing labo

anzhelika [568]

Answer:

Total production costs= $57,500

Explanation:

Giving the following information:

Estimated manufacturing overhead rate= $65 per direct manufacturing labor-hour.

Direct materials of $35,000

250 direct manufacturing labor-hours at $25 per hour

<u>First, we need to allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 65*250= $16,250

<u>Now, the total production costs:</u>

Total production costs= 35,000 + 25*250 + 16,250

Total production costs= $57,500

8 0

3 years ago

Dynamic Production Services started the year with total assets of $120,000 and total liabilities of $55,000. The revenues and

Serga [27]

Answer:

$20,000

Explanation:

The income statement shows the revenue and expenses of an entity for a period. The difference between the entity's revenue and expenses gives the net income.

The balance sheet on the other hand shows the company's assets and liabilities, the difference of these is the owners equity.

Hence Dynamic's net income for the year,

= $100,000 - $80,000

= $20,000

7 0

3 years ago

I need a 6 sentences paragraph of What would your ideal mentor be like?

alexira [117]

My ideal mentor should have qualities including the ability and willingness to communicate to others; To be organised and prepare for future questions and to be prepared to help. The ability to listen and to comprehend with people. Being a mentor also means you should continue learning about what's going on in your your own social life school or the world at large. Last point, always be fair and always be kind!

Your welcome,

6 0

3 years ago

During December of Year 1, Nile Co. incurred special insurance costs but did not record these costs until payment was made durin

o-na [289]

Answer:

The omission of this entry understated accrued liabilites. given that the related inventory was sold in year 1, it aslo overstated net income and retained earnings by understating cost of goods sold, the same effects would occur if the insurance costs were chargeable to expense as a period cost

Explanation:

Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.

4 0

3 years ago

If a specific subsidy (negative tax) of s is given to only one competitive firm, how should that firm change its output level

elena-s [515]

Answer:

The correct answer is option D.

Explanation:

The market price is P.

The marginal cost is given at MC.

The subsidy is equal to s.

When the subsidy is provided to only a single firm, that firms marginal cost will decline. The firm can take advantage of decreased marginal cost by increasing the output level. The firm will produce the output where the price and marginal revenue is equal to marginal cost plus subsidy. At this point, the firm will be having maximum profit.

So, the firm will increase production until

P=MC+S

6 0

4 years ago