Answer:
B. Recovering from the recession.
Explanation: Manufacturing jobs are major facets of the United States of America employment channel as it is known to have employed up to about 12.3millions people as at March 2017.
This is according to the Bereau of statistics, manufacturing helped to build the middle class of the United States of America.
In recent times,the manufacturing sector is recovering from the recession, and has increased and reached an all time high in 2018.
Answer:
The answer is: Barb will earn more interest the second year than Andy.
Explanation:
The magic of compounding interest refers to the fact that the more frequently your money earns compounding interest, the bigger your balance will grow. Compounding interest adds earned interest into your account and then pays you an interest over the previous interest.
So Barb will earn more interest in the second year since the interest she earned in the firs year will gain more interest.
Answer:
<em>$13</em>
<em />
Explanation:
The fix manufacturing cost per unit can be calculated as following:
+) Fixed manufacturing cost per unit = Fixed manufacturing cost/ Units produced
= 240,000/ 60,000 = $4
The variable costs per unit include:
+) Direct materials per unit: $5
+) Direct labor per unit: $3
+) Variable overhead: $1
=> The per unit manufacturing cost under variable costing is: 5 + 3 + 1 = $9
<em>The per unit manufacturing cost under absorption costing is = Fixed manufacturing cost per unit + The per unit manufacturing cost under variable costing</em>
<em>= 4 + 9 = $13</em>
Answer:
$14,000
Explanation:
Data provided in the question:
Cost of the equipment sold = $18,000
Accumulated depreciation = $9,000
Gain from the sales of equipment = $5,000
Now,
Proceeds from sale of plant assets = Book value + Gain
also,
Book value = Cost of the equipment - Accumulated depreciation
= $18,000 - $9,000
= $9,000
Therefore,
Proceeds from sale of plant assets = $9,000 + $5,000
= $14,000
Answer:
C. $11,498.73.
Explanation:
Solving this question, we will have to make use of this formula:
The Adjusted Bank Balance = Unadjusted Balance as per Bank Statement as at Oct 31, 2015 - Checks Outstanding
= $12,956.73 - $2,112.19 = $10,844.54
Now,
Before the adjustment on the 31st of October, 2015,
The Cash account Balance = Adjusted Bank Balance + insufficient funds checks
= $10,844.54 - $654.19 = $11,498.73
Hence third option in the question is the correct answer.