It will be vertical, because the quantity demanded (x axis) will stay the same regardless of the increase or decrease in price on the y axis.
Answer:
$205,200
Explanation:
Calculation of Pension Expense
Service Cost $198,000
Interest cost $33,000
Expected return on the plan assets <u>($25,800)</u> (258000*10%)
Pension Expense <u>$205,200</u>
So therefore, the pension expense for the year is $205,200.
Answer:
Results are below.
Explanation:
<u>To calculate the activities rate, we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Designing= 444,000/13,000= $34.15 per designer hour
Sizing and cutting= 4,210,000 / 169,000= $24.91 per machine hour
Stitching and trimming= 1,490,000 / 75,500= $19.73 per labor hour
Wrapping and packing= 332,000 / 32,000= $10.38 per finished unit
Answer:
A. Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. 31
Dr Factory labour $61,300
Cr Factory wages $61,300
Explanation:
Preparation of the Journal entries for Sunland Company
A. Since we were told that the company purchases the amount of $50,400 of raw materials on account this means that the transaction will be recorded as:
Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. Based on the information given we were told that the company incurs the amount of $61,300 of factory labor costs this means that the transaction will be recorded as:
31
Dr Factory labour $61,300
Cr Factory wages $61,300
Answer:
Country x
Population size 50,000,000
Full time students 4,200,000
Not employed & not searching 6,000,000
Not employed and searching 2,336,000
Employed 29,664,000
Labour force is defined as the population of the economy currently engaged in some employment and those jobless but available or searching for employment
Labour force is 32,000,000
Labor force participation rate is the labor force divided by the population size.
= 64%
Unemployment rate is defined as members of a country not employed and are searching or seeking employment.
= 4.7%
