Which buying method can save money but means you must have trust in the reliability of your supplier?
Just in time
Answer: The correct option is C.
Explanation: Inflation is the measure of the rate at which the price level of goods and services increases over a period of time in an economy.
Inflation indicates the decrease in purchasing power of the currency of a nation.
Therefore if the euro experiences inflation, this would lead to a decrease in purchasing power of the currency. Hence, the more stable currency which is the dollar, that was initially equal to the euro, will now surpass the euro in value and purchasing power.
This will lead to the ability to procure more goods and services from the E.U. using the dollar.
Answer:
The answer is below
Explanation:
Total Variable cost = Ingredients used + Direct labor + Indirect materials and supplies + Utilities = $14,000 +$10,500 + $5,300 + $1,700 = $31,500
Total Fixed cost = Managers' salaries + Rent + Depreciation on equipment (straight-line, time basis) + Other fixed costs = $22,000 + $18,000 + $2,000 + $3,000 = $45,000
Total cost = Total Variable cost + Total fixed cost + $31500 + $45000 = $76500
Unit costs = Total cost / Number of meals = $76500 / 4500 meals = $15.30 per meal
Russell Securities has $100 million in total assets and its corporate tax rate is 40 percent. The company recently reported that its basic earning power (BEP) ratio was 15 percent and its return on assets (ROA) was 9 percent. What was the company's interest expense? EBIT = $15,000,000.
Answer d.
If it’s not correct then I’m sorry
Answer:
(C) $26,000.
Explanation:
The debit to Finished Goods Inventory to record the completion of Job XX4 is the total cost for Job XX4 completion;
The job cost sheet showed $8,000 in direct labor at a rate of $20 per direct labor hour, then the total labor hour taken is 400 hours (= $8,000/ $20)
Factory overhead is applied at $30 per direct labor hour, then the total overhead is $12,000 (= 400 hours x $30 per hour)
The total cost = direct materials + direct labor + overhead = $6,000 + $8,000 + $12,000 = $26,000
