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makvit [3.9K]
4 years ago
7

If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re

spect to direct labor, the equivalent units of direct labor in beginning Work in Process are 20,000.True / False.
Business
1 answer:
TiliK225 [7]4 years ago
7 0

Answer:

The answer is true

Explanation:

A work-in-progress (WIP) is the cost of unfinished goods in the manufacturing process including labor, raw materials, and overhead.

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If disposable income increases from $912 billion to $1092 billion and Savings increased by $180, then the consumption will incre
vodka [1.7K]

Answer: $0 billion

Explanation:

Money spent for consumption is the difference between Disposable income and Savings.

Disposable income increase:

= 1,092 - 912

= $180 billion

Savings increased by $180 billion which is equal to the change in Disposable income.

Change in consumption = Change in disposable income - change in savings

= 180 - 180

= $0 billion

4 0
3 years ago
Which of the following is included in the investment component of GDP? a. households’ purchases of newly constructed homes.
Anni [7]

Answer:

"D" is the correct answer.

All of these.

Explanation:

NOTE: in this question, options part is missing, The option for the following question is :

b. Additions to business stock

c. firms' buy of equipment

d. All of the above

Gross Domestic Product is the overall financial or retail value of all completed production of goods and services in a specific period within a country.

formula to calculate GDP is as follow

GDP = C + I + G + NX

where C stands for Private consumption.

           I stands for investment

          G stands for government consummation

          NX for net export (total export - total import)

GDP use to calculate countries total gross production during a particular year.

4 0
3 years ago
Mark, who recently won a lottery, tells Sean that he will split his lottery winnings with him if Sean can arrange Mark's intervi
Zepler [3.9K]

Answer:

Sean arranging the interview with his boss

Explanation:

Consideration in contract law refers to something of value or a benefit that is exchanged between parties involved in a contract. It is something that party A gives to party B in exchange for another consideration.

Consideration is the main reason why a contract exists.

Sean arranged the interview in exchange for Mark sharing his pottery prize.

7 0
3 years ago
Assume that during May, a company sold a product for $160,000 that includes a 36-month warranty. Historically, the average cost
Stels [109]
A. Debit; product warranty expense
5 0
2 years ago
How do organizations calculate various costs, and what do these calculations mean to business?
QveST [7]

Answer:

See the explanation section

Explanation:

Organizations calculate various costs with the help of the weighted average cost of capital. It is a significant cost measurement system through which organizations can calculate the cost of debt after tax, cost of new equities, cost of existing equities, and cost of preferred shares. WACC can be a benchmark for the organization. A firm needs to know those costs because it can make sure that whether those projects are running smoothly to continue or running worse to reject.

Another significant cost measurement method is the net present value. With the help of NPV, a business can make sure about a project to accept it or reject it.

8 0
3 years ago
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