Answer:
Units produced = 500 units
Units sold = 400 units
Closing inventory of finished goods
= Units produced - Units sold
= 500 units - 400 units
= 100 units
Value of closing inventory of finished goods
= 100 units x $48
= $4,800
The ending balance in finished goods inventory is $4,800
Variable production cost per unit $
Direct material 30
Direct labour 13
Variable manufacturing overhead <u> 5</u>
<u>48</u>
Explanation:
In this case, there is need to determine the quantity of closing inventory of finished goods by deducting quantity sold from quantity produced. This quantity will be valued at variable production cost of $48 per unit using variable costing. The variable production cost per unit is the total of direct material cost per unit, direct labour cost per unit and variable manufacturing overhead.per unit.
Consumers in the depression generation prefer the rapid, brief receipt of information via social media channels is FALSE.
The most amazing thing about the younger generation is their silence. With a few rare exceptions, youth are far from podiums. Compared to the fiery youth of fathers and mothers, today's youth is a quiet little flame. We don't issue manifestos, we don't give speeches, we don't put up placards. They called it the "Silent Generation".
The Time magazine article used dates of birth from 1923 to 1933 as a generation, but the term somehow migrated to the later years where it is now used.
A later suggested reason for this silenced perception was that during the McCarthy era many members of Silent His Generation felt it unwise to speak out as young men.
Learn more about depression generation here:
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Answer:
d. A credit to Prepaid Insurance for $680.
Explanation:
The computation of the prepaid insurance is shown below:
Given that
Four month prepaid insurance = $2,720
For one month, the prepaid insurance is
= $2,720 ÷ 4 months
= $680
Since we have to record the prepaid expenses for 1 month, we divided the total prepaid insurance by the 4 months due to that it decreases by $680 and that's why we credited this account
Answer:
I think that the correct answer would be A. to develop a plan. The reason that I think that this is the answer is because she has already identified the problem and the next step would be to create the plan
Explanation:
If the price of labor falls, the supply of goods rises and the prices of those goods fall.
If labor costs go down, it will cost less for a business to make products so they will make more and supply will go up. When supply goes up, prices tend to fall.
