Answer: a) Budgeted income statement.
Explanation: The income statement refers to an organizations spending and revenue for a specific period of time. It contains Financial figures on the spendings made or cost incurred and the revenue made for the period which could be on a monthly, quarterly or yearly basis as the case may be. However, as the name implies, the budgeted income statement refers to a a sttemnt of expenses and revenue expected or envisaged at a certain period in the future. The amount stated in the budgeted income statement are made from projections and not the actual figures incurred or earned.
Answer: M1 doesn't change.
Explanation:
M1 consists of:
M1 = Currency with the public + Checking account + other deposits with the RBI
Money market mutual fund account is a component of monetary aggregates (M1). Therefore, M1 does not change because the funds that are going towards money market mutual funds are firstly deposited in the mutual funds bank account.
Debits must = Credits, so if some one bought a $20 sofa, the credit would be the asses, more specifically the cash account because it goes down by $20 and the debit would also be the assets but the furniture, becasue it goes up by $20, 20=20 so debit=credit
Answer:
The answer is: The per unit production cost would be $48
Explanation:
If productivity increased by 25% so now 3000 units are being produced with the same input (60 units) then the per unit production cost will be:
3,000 / 2,400 = $60 / X
3,000X = (2,400 x $60) = $144,000
X = 144,000 / 3000 = $48
If productivity increases, then the per unit production cost decreases.
