Answer:
$174,240
Explanation:
Beginning inventory = $162,700
Purchases = $458,700
Sales revenue = $638,800
Cost of goods sold = sales × ( 1 - Gross profit )
= sales × ( 1 - Gross profit )
= $638,800 × ( 1 - 0.30 )
= $638,800 × 0.70
= $447,160
Now,
Estimated ending inventory destroyed in fire
= Beginning inventory + purchases - Cost of goods sold
= $162,700 + $458,700 - $447,160
= $174,240
Answer:
A: insurance sales has the highest rates, and tax preparation has the lowest rates.
Explanation:
it was 5 stars on the other question
Macroeconomics deals with the short-run variations in economic growth that make up the business cycle
This is further explained below.
<h3>What is
Macroeconomics?</h3>
Generally, The study of an economy's performance overall, structure, behavior, and judgment is the domain of macroeconomics, a subfield within the discipline of economics.
The increase of economic activity is followed by periods of contraction, which together make up a business cycle.
These shifts have repercussions not just for the well-being of the general population but also for the operations of private organizations.
Business cycles are a sort of variation that may be observed in the overall economic activity of a country.
A business cycle is a cycle that consists of expansions happening at about the same time in numerous economic activities, followed by contractions that are equally widespread in nature.
In conclusion, The business cycle is the primary focus of macroeconomics, which analyzes the short-term fluctuations in economic growth that occur throughout it.
Read more about Macroeconomics
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Answer:
c.$27,284.90 unfavorable
Explanation:
Standard variable overhead rate =$27.00
Standard hours allowed per completed unit =4.3
Actual production unit =971
Actual variable overhead costs =$140,018
Variable factory overhead controllable variance = (Standard variable overhead rate * Standard hours allowed per completed unit * Actual production unit) - Actual variable overhead costs
Variable factory overhead controllable variance = ($27 * 4.3 * 971) - $140,018
Variable factory overhead controllable variance = $112,733.1 - $140,018
Variable factory overhead controllable variance = $27,284.9 (Unfavorable)