Answer:
Per unit cost will be $197.5
Explanation:
We have given number of units produced = 800
Direct material cost added in January = $74000
And conversion cost added in January = $84000
So total cost = $74000+$84000 = $158000
We have to find the per unit cost of product produced
So per unit cost is given by total cost divided by total number of units produced
So per unit cost 
Answer:
North Korea - Command Economy.
Explanation:
In Command Economy, the government control all means of production. The citizens have no power to actually make efforts to own these resources.
To proof it, we can refer to the economic freedom ranking that was created by Heritage Foundation. From all 180 countries included in the ranking, north Korea placed at the very bottom.
The Government of North Korea have total control of the economy. They determine what products should be made, what type of jobs the citizens can held, and how those resources should be distributed among the people.
First and last I just took the test
The basic science process skills include the following: observing, inferring, measuring, communicating, classifying and predicting.
When these skills are well developed in a scientist, such a scientist will be able to identify variables, formulate hypothesis, interpret data, conduct experiment and formulate models.<span />
Answer:
True
Explanation:
The correct answer is - True
Reason -
Cost of goods sold is the inventory cost to the seller of the goods sold to customers. It Expense item with a normal debit balance.
The word expense is not written there but it is an expense item on the income statement as a reduction to Revenue.
