<u>Calcualtion of Cost of goods manufactured:</u>
(Note: It is assumed that the Cost of Material used is equal to the Cost of Material Purchased $234,000)
Total manufacturing cost = Cost of Material used + Direct labor costs + Allocated manufacturing overhead costs
Total manufacturing cost = 234,000+180,000+260,000 = $674,000
It is also assumed that there were no beginning or ending work in process inventory, that means Total manufacturing cost shall be equal to Cost of goods manufactured.
Hence, Cost of goods manufactured = <u>$674,000</u>
Answer:
Entrepreneurs boost economic growth by introducing innovative technologies, products, and services. Increased competition from entrepreneurs challenges existing firms to become more competitive. Entrepreneurs provide new job opportunities in the short and long term.
<h2>
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Answer:
The impact inflation has on the time value of money is that it decreases the value of a dollar over time. ... Inflation increases the price of goods and services over time, effectively decreasing the number of goods and services you can buy with a dollar in the future as opposed to a dollar today.
Explanation:
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Answer:
Sample Budget
Salary Income $2515
Rent expense -$900
Food and groceries -$250
Entertainment expense -$85
Shopping -$45
Birthday Party gift -$12
Transportation expense -$150
Home maintenance cost -$320
Tuition cost -$121
Net savings = $632
Explanation:
The mid aged person who is age of 25 to 30 will have different expenses. He will have to budget his monthly income and routine expenses to identify the savings. The sample budget will include different types of household expenses that a person incurs to live. He might have to budget one off expenses such as party cost, gifts etc. He will have to keep track of groceries and food expenses.
Answer: A. improved computer security programs
Lots of people lose money due to phone fraud scammers. They try to approach the target to sell improved computer security programs. They do lots of ways to convince you to the point of asking you to give personal information. If you happen to meet one, say no.
