Answer: Longer-term project
Explanation:
At the beginning of a project, it may not be possible to estimate the costs for all activities with some levels of confidence regarding their accuracy if the project isn't a short-term project, because it's not really possible to accurately fortell the costs of unforseeable outcomes and factors that may affect the project in one way or the other in the long run.
The answer is true. The FDIC is supported by the US government and was created by it the n the stock market crashed in the 1930s.
Answer and Explanation:
The computation of the sales tax payable is shown below:
= Total sales × sales tax rate ÷ (100 + sales tax rate)
= $11,880 × 8% ÷ (100 + 8%)
= $880
Now the journal entry is
Cash $11,880
To Sales Revenue $11,000
To Sales Tax Payable $880
(Being the sales tax payable and sales is recorded)
For recording this we debited the cash as it increased the assets and credited the sales revenue and sales tax payable as it also increased the revenue and liabilities
Answer:
GDP B). $417
NDP C. $392
NI D. $402
PI B. $314
DI A. $284
Explanation:
Gross domestic product is the total monetary value of final goods and services produce within the country.
GDP = 20 + 40 + 24 + 35 + 90 + 75 - 22 + 10 + 123 = 417
NDP = GDP - Consumption of fixed capital
NDP = 417 - 25 = 392
NI = NDP - Statistical discrepancy + net foreign income
DI = NI - Taxes on imports - social security consumption - Corporate income tax - undistributed profits.
Answer:
$150,000 unfavorable variance
Explanation:
The budgeted sales volume for the year is 160,000 windows
However,the whole industry sales volume increased to 1,000,000 windows with the company managing to hold on to only 15% of total market sales of 1,000,000 i.e 150,000(1,000,000*15%)
sales activity sale=change in sales volume*standard contribution margin=(160,000-150,000*)$15=$150,000 unfavorable since actual sales were less than forecast sales
