Answer:
$373,200
Explanation:
Product cost is derived through the compilation and addition of the cost of direct labor , direct materials and factory overhead involved in the production of an item
Direct cost
Lumber - 80,600
Assembly line - 100,100
Roof - 15,500
Freight raw materials - 3,700
Total - 199900
Factory overhead
Maintenance workers - 60300
Insurance for factory - 21,100
Utilities in factory - 12,300
Factory Supervisor - 60,900
Depreciation of factory machine - 18,000
Lubricant in factory equipment - 700
Total -173,300
Total product cost - 373200
Answer:
The $50,000 must be reported as assets with donor restrictions.
Explanation:
Donor imposed restrictions can be temporary or perpetual; the $50,000 are perpetually restricted since they must be invested and the income received should be used for its program of promoting adoption of young girls.
Answer:
i) personal economic policies ii) marginal cost versus marginal benefit analysis
Explanation:
Marginal costs and benefits are an integral part of the economy as they help to calculate costs and benefits accurately at a particular production stage and usage stage.
An economic policy is an act that aims at influencing or controlling economic behavior.
At this stage John believes his decision will influence his economy positively and he sees more long-term benefits than costs for him if he plays professional sports rather than staying in college.
The given statement is true. Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy.
<h3>
What is monetary policy?</h3>
In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the money supply or the interest rate payable for very short-term borrowing, which refers to borrowing by banks from one another to meet their short-term needs.
Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy. Monetary policy strategy is influenced by economic indicators including the GDP, inflation rate, and industry- and sector-specific growth rates.
The United States of America's central banking system is called the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics.
Hence, The given statement is true.
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A master budget schedules answer several key questions for a company. Thus the correct option is last.
<h3 /><h3>What is Master Budget?</h3>
A master budget is created by combining all of the smaller business budgets into one budget in order to provide a comprehensive insight into the company's financial position.
All other departments' budgets are combined into the master budget to create a single budget. It may be said that the master budget schedules provide answers to a number of issues connected to the many departments within an organization.
Therefore, the last option is appropriate.
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