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2 years ago

Regarding the Production Possibilities Curve, a decrease in the unemployment rate will most likely

1 answer:

4 0

Regarding the Production Possibilities Curve, a decrease in the unemployment rate will most likely move us from a point inside the PPC to a point closer to the PPC.

Option B;

<u>Explanation: </u>

The curvature of production options measures the maximum capacity of two items by means of a specified input amount. There was a misunderstanding. Each item on the curve indicates how much every good is generated when assets change from one good to another. The curve tests the difference between one positive and another.

As somewhat of a movement within the Curve of production opportunities it may be decreased to a point nearer to the Curve of production opportunities as an inside point .

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A private university offers graduate assistantships to qualified students each year. In exchange for the waiver oftuition, gradu

alina1380 [7]

Answer:

A. tuition revenues of $4,000 and expenditures of $4,000.

Explanation:

If the student is not employed as a graduate assistant required to assist faculty members with research and other activities, we will have one:

a. The student will have to pay $4,000 tuition. This is a revenue to the university.

b. The private university will employ a research assistant and pay him $4,000. This an expenditure to the university.

Therefore, this transactions have to be required as highlighted in a. and b. above to track the actual revenue and expenditure implication of the waiver despite cash does not exchange hands.

7 0

3 years ago

Washburn Company produces earbuds. During the year, manufacturing overhead costs are estimated to be $216,000. Estimated machine

Snezhnost [94]

Answer:

1. Predetermined Overhead Rate = Manufacturing overhead costs / Machine Hours

Predetermined Overhead Rate = $216,000/2,700 hours

Predetermined Overhead Rate = $80 per machine hour

2. Allocated overheads =Predetermined Overhead Rate * Machine hours used by Job 551

Allocated overheads = $80 * 90 machine hour

Allocated overheads = $7,200

3. Date Description Debit Credit

15/01 Work In Progress Inventory $7,200

Manufacturing overhead $7,200

(To record allocation of overheads towards Job 551)

5 0

2 years ago

Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entr

olga_2 [115]

Answer:

A MS Excel file is attached for the Journal general , please find it.

Explanation:

Entries to be Journalized

Date Account DR. Cr.

March 24 Cash $26,000

Owner's Capital $26,000

September 8 Cash $6,500

Account receivable $6,500

Download xlsx

6 0

2 years ago

State any four uses of funding in a new business

miss Akunina [59]

Answer:

Some of these funding options are for Indian business, however, similar alternatives are available in different countries.

Bootstrapping your startup business
Crowdfunding As A Funding Option
Get Angel Investment In Your Startup
Get Venture Capital For Your Business

7 0

2 years ago

Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $82,000 and $4,500, r

Cerrena [4.2K]

Answer: $10,700

Explanation:

The Uncollectible Account Expense is the Accounting Adjustment made when a Receivable defaults on their debt and it can be calculated using the following formula,

= Uncollectible Amount written off + Closing Balance - Opening Balance.

Now the balances are as follows,

Opening Balance for Year 2 = 4,500

Closing Balance for Year 2 = 6,800

Uncollectible Amount written off during Year 2 = 8,400

Calculating therefore,

= 6,800 + 8,400 - 4,500

= $10,700

Allegheny will report $10,700 as Uncollectible Accounts Expense for Year 2.

3 0

3 years ago