From 7 pm to midnight only percent of the personal and commercial vehicles on the streets and highways are being driven for economic reasons 80
Therefore the correct answer is 80
What is Economic Reasons?
The increase in production of goods and services from one period to the next is called economic growth. As a result, the prices of these products and services increase, which increases the profits of the companies. It has a snowball effect, often resulting in higher stock prices and more jobs. Both businesses and consumers can invest more money in new projects. As a result, economic growth is one of the most important, if not the most important, indicators. Economists quantify it in nominal or real terms and take inflation into account. A country's Gross Domestic Product (GDP) or Gross National Product (GNP) is a classic way to quantify overall growth (GDP).
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Incomplete Question
Answer:
![\left[\begin{array}{ccc}Account&DEBIT&CREDIT\\$Cash&18,900&-\\$Account\: Receivable&60,100&\\$Allowance \: doubful \: accounts&&150\\$Inventory&186,500&\\$Supplies&7,170&\\$Prepaid Insurnace&3,090&\\$Equipment&51,300&-\\$Acc \: Dep \: Equipment&-&18,100\\$Accounts \: Payable&&9,000\\$SS \: tax \: payable&&1420\\$Medicare \: tax \: payable&&340\\$Capital&&298,050\\&327,060&327,060\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DAccount%26DEBIT%26CREDIT%5C%5C%24Cash%2618%2C900%26-%5C%5C%24Account%5C%3A%20Receivable%2660%2C100%26%5C%5C%24Allowance%20%5C%3A%20doubful%20%5C%3A%20accounts%26%26150%5C%5C%24Inventory%26186%2C500%26%5C%5C%24Supplies%267%2C170%26%5C%5C%24Prepaid%20Insurnace%263%2C090%26%5C%5C%24Equipment%2651%2C300%26-%5C%5C%24Acc%20%20%5C%3A%20Dep%20%5C%3A%20Equipment%26-%2618%2C100%5C%5C%24Accounts%20%5C%3A%20Payable%26%269%2C000%5C%5C%24SS%20%5C%3A%20tax%20%5C%3A%20payable%26%261420%5C%5C%24Medicare%20%5C%3A%20tax%20%5C%3A%20payable%26%26340%5C%5C%24Capital%26%26298%2C050%5C%5C%26327%2C060%26327%2C060%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
The sales, expenses, income summary and drawings accounts will be closed therefore will not be part of the post-closed trial balance.
Thew capital Account will suffer the net change of all these account thus, we can list the assets and liabilities and then, solve for Capital by the difference:
Assets = Laibilities + Equity
327,060 = 150 + 18,100 + 9,000 + 1,420 + 340 + Capital
Capital = 327,060 - (150 + 18,100 + 9,000 + 1,420 + 340)
Capital = 298,050
Answer:
Silven Industries
If Silven buys its tubes from the outside supplier, it will be able to avoid $1.10 of its own Chap-Off manufacturing costs per box
Explanation:
a) Data and Calculations:
Estimated Production and Sales Units of Chap-Off = 140,000 boxes
Manufacturing cost per box: Avoidable costs
Direct material $ 3.70 $0.74 ($3.70 * 20%)
Direct labor 2.00 0.20 ($2.00 * 10%)
Manufacturing overhead 1.60 0.16 ($1.60 * 10%)
Total cost $ 7.30 $1.10
Outside supplier's price for tubes = $1.20 per box
b) Unless there an alternative use for the machine used in making the tubes internally exists, it may not be cost-effective for Silven to buy from the outside supplier. Alternatively, it should renegotiate a price per box that is less than $1.10 in order to stop making the tubes internally.
<span>In the example of the Magnira Corporation, the fruits are turned into jellies, jams, and marmalades an example of raw materials. Raw materials are basic, unprocessed materials that are used to manufacture goods. Raw materials are often referred to as commodities.</span>
