Answer: $252
Explanation:
GDP is calculated by summing up the value of final goods and services in a country within a period. This means that intermediate values are not included and this is done to avoid double counting.
The GDP contribution here therefore will be the value of the meals created;
= 50 * 5.04
= $252
Answer:
Its A
Explanation:
Because people dont like wierd ads and sketchy things
Answer:
Amount allocated = $620,000
Explanation:
As per the data given in the question,
Bond issuance = $15,000,000
Electric mixer division used = $9,300,000
Electric lamp division used = $5,700,000
Interest cost on the bond = $1,000,000
Electric mixer division = Electric mixer division used ÷ Bond issuance
= $9,300,000 ÷ $15,000,000
=0.62
So, Allocated interest expense = Interest cost on the bond × Electric mixer division
= $1,000,000 × 0.62
= $620,000
Answer:
Total Product Costs under absorption costing per unit $ 32.59
Explanation:
Under absorption costing the fixed overheads are included in the product costs. We calculate the total manufacturing costs having fixed overheads and variable overheads and divide it with the number of units to get the product cost per unit.
Expected units to be produced 51,000 units
Direct materials $ 12 * 51,000= $ 612000
Direct labor $ 18 per unit * 51,000= $918000
Overhead
Total variable overhead $ 31,000
Total fixed overhead $ 101,000
Total Manufacturing Costs $1662000
Total Manufacturing Costs per unit = Total Costs/ Total units= $1662000 / 51000= $ 32.59
Answer:
Current Ratio: 2.49; 2.7; 1.75
Acid test ratio: 1.32; 0.64; 0.65
Explanation:
Current ratio
For Camaro:
= Current assets ÷ Current liabilities
= $ 5,915 ÷ $2,380
= 2.49
For GTO:
= Current assets ÷ Current liabilities
= $3,780 ÷ $1,400
= 2.7
For Torino:
= Current assets ÷ Current liabilities
= $6,900 ÷ $3,950
= 1.75
Acid test ratio:
For Camaro:
= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities
= ($5,915 - $2,375 - $400) ÷ $2,380
= $3,140 ÷ $2,380
= 1.32
For GTO:
= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities
= ($3,780 - $2,180 - $700) ÷ $1,400
= $900 ÷ $1,400
= 0.64
For Torino:
= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities
= ($6,900 - 3,450 - $900) ÷ $3,950
= $2,550 ÷ $3,950
= 0.65
