Answer:
Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.
Explanation:
:D
Answer:
Explanation:
Postage expense. 1320
freight out. 1140
miscellaneous exp. 150
Cash. 2610
to replenish petty cash account
note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.
Answer:
the value of the MktRS (market rate of substitution) is 0
Explanation:
The computation of the market rate of substitution is shown below:
Since it is mentioned that
You like apples half as pears
So the equation would be
X = 1 ÷ 2 Y
X ÷ Y = 1 ÷ 2
Now the market rate of substitution of the price is
= $2 ÷ $4
= 1 ÷ 2
So,
= 1 ÷ 2 - 1 ÷ 2
= 0
Hence, the value of the MktRS (market rate of substitution) is 0
The same is to be considered
<span>These would be the variable costs. Since the dress uses up to a specified amount of each of these elements, the costs can vary depending on the size of the gown and the person wearing the gown. Variable costs, unlike those that are fixed, are able to change based upon outside factors.</span>
Answer: $8600
Explanation:
Joint cost allocation:
Product :
Loin chops
Pounds - 3000
Price per pound - $5
ground
Pounds - 10,000
Price per pound - 2.00
ribs
Pounds - 4,000
Price per pound - 4.75
bacon
Pounds - 6,000
Price per pound - 3.50
total joint cost - $43000
Sales cost per product :
Loin chops - 3000 × 5 = $15,000
Ground = 10000 × $2 = $20,000
Ribs - 4000 × $4.75 = $19,000
Bacon - 6000 × $3.50 = $21,000
Loin cost allocation is given by :
Total joint cost × (sales value of Loin chops ÷ Total sales value of all products)
$43,000 × ($15,000 ÷ $(15,000 + 20,000 + 19,000 + 21,000))
$43,000 × ( $15000 ÷ $75000)
$43,000 × 0.2 = $8600
