Answer:
1. B. Nurses and doctors.
C. X-ray technician.
E. A nursing home.
2. Decrease; Increase
Explanation:
1. To produce medical care means to have the capacity to give medical care and this is what doctors and nurses do. When you go to a hospital and they diagnose and recommend treatment, they are producing medical care. In Nursing homes this is also done as they have full time medical staff that provide health care to their clients so they are also considered producers of medical care.
An X-ray technician produces medical care by showing the parts of the body that may have been damaged.
2. If the number of medical care producers increase, the equilibrium price will go down because the shift in the supply curve to the right will intercept the demand curve for medical care at a lower point thereby decreasing equilibrium price.
Consumer surplus refers to the difference between the price that customers would have paid and the price they are paying so with the prices lower, consumers will see their surplus increase.
Answer:
Dr Bonds payable $50,700
Dr premium on bonds payable $4,265
Cr Cash $53,000
Cr gain on bonds retirement($50,700+$4,265-$53000) $1,965
Explanation:
The premium yet to be amortized on the bond at retirement is the carrying value minus face value i.e $54,965-$50,700=$4265
The premium on bonds payable would now be debited with $4265
The cash paid on retirement would be credited to cash account
The face value of the bonds payable of $50,700 would be debited to bonds payable in order to show that the obligation has been discharged.
Answer:
I think its #1 bro i don't know
Answer:
450,000 units
Explanation:
This question asks to calculate the equivalent units of materials. It must be known that equivalent units are calculated by multiplying the number of physical units by percentage of completion.
The question assumes that materials are entered at the beginning of the process.
Mathematically, the equivalent units for materials = started into production + Beginning work in process
= 25,000 units + 425,000 units = 450,000 units
Answer:
B. 6.2 DLH per unit of G2
Explanation:
Total cost per unit of G2:
$20 = DM + DL + OH
$20 = $7 + $3.60 + X
$20= $10.6
$20- $10.6
= $9.4
X = $9.4 overhead per unit of G2
Therefore the Plantwide overhead rate is:
$795,000/530,000 DLH = $1.5 per DLH
DLH per unit of G2:
$9.4/$1.5 = 6.26 DLH per unit of G2
