Answer: Option D
Explanation: In economics, inflation means the increase in the general price level of goods in an economy and the decrease in the value of money. This process occurs over a period of time.
In a scenario of inflation the purchasing power of the consumers decreases leading to a decrease in demand. Inflation could be controlled but is unavoidable and hence every economy faces some level of inflation every time.
Hence from the above we can conclude that the correct option is D.
The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Given Data Product Cost per Unit Selling Price <u>Per Unit A 40 60 B 80 100 C 40 80 D 100 130 E 20 30 </u>Computation of Net Realisable Value
<h3>What is
Royal Decking?</h3>
The term's roots have been attributed to a number of places, such as the destroyed church of St. Helens next to the Isle of Wight's St Helens Road harbor, where ships would frequently resupply, or even the broken monuments of St. Nicholas Church in Great Yarmout. According to the US Navy, the phrase may have originated from the fact that 'holystoning the deck' was initially performed while knelt in prayer. Prayer books were the names given to smaller holystones, and Bibles to bigger ones. Holystoning was eventually done with a stick lying in a hollow in the flat side of the stone, held in the hands and under the arm, rather than on the knees.
To learn more about Royal Decking from the given link:
brainly.com/question/19043674
#SPJ4
Answer:
Equivalent units of production= 68,000 units
Explanation:
Giving the following information:
Units started and completed= 80,000 - 20,000= 60,000
Units in ending inventory= 20,000 nits that were 40% complete in the ending work in process inventory at the end of January.
<u>To calculate the equivalent units for conversion costs, we need to use the following formula:</u>
Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production
Equivalent units of production= 60,000 + (20,000*0.4)
Equivalent units of production= 68,000 units
Answer:
Annual Percentage Rate (APR).
Explanation:
In terms of stating mortgage rate interest, the standardized rate required by the Truth in Lending Act to facilitate comparison loan shopping is called the annual percentage rate (APR).
The annual percentage rate (APR) in financial accounting is usually expressed in terms of percentage of the total yearly cost of funds provided to a borrower of a loan or income earned on an asset.
Hence, the annual rate of interest charged or deducted from a borrower and being paid to an investor is generally referred to as the annual percentage rate (APR).
