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oksian1 [2.3K]
3 years ago
14

Suppose the total monetary value of all final goods and services produced in a particular country in 2008 is $500 billion and th

e total monetary value of final goods and services sold is $450 billion. We can conclude that ____________.
Business
1 answer:
seraphim [82]3 years ago
4 0

Answer:

GDP in 2008 is $500 billion

Explanation:

Based on the information provided within the question it can be said that in this scenario we can conclude that the Gross Domestic Product (GDP) in the year 2008 is of $500 billion dollars. That is because the gross domestic product calculates the monetary value of all the goods and services that were produced within the nation's borders.

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Lehman Corp. has two departments: Assembly and Testing. Assembly department had beginning inventory of 750 units which were 50%
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Answer:

Total equivalent unit     1,425 units

Explanation:

<em>Under the first-in -first out system, to account for the units completed in a period, it is assumed that the opening inventory units are first completed and the balance represents the newly introduced.</em>

<em>Fully worked represents unit of inventory started this this period and completed this period</em>

Fully worked = completed units - opening inventory

Fully worked = 1200 -750 = 450 units

Item                        Units                                     Equivalent Units

Opening WIP         750     750×50%                     375

Fully worked          450      450× 100%                   450

Closing WIP           800       800× 75%                 <u> 600</u>

Total equivalent unit                                              <u>1,425</u>

Note the opening inventory has 50% work done last period so the balance of 50% i.e (100 - 50)  is completed this period

     

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What is a sales lead?
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Companies can apply the force field technique in the workplace by establishing a method of observing the factors that drive or block the achievement of goals.

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The correct answer is letter "C": An ethnocentric.

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The number of shares issued represents the number of shares ______. Multiple choice question. the company is allowed to sell sol
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