Answer:
False
Explanation:
Every single area of an organization works together, even if the people are not actually in the same room or location. What the finance department does affect the whole organization, and what the rest of the organization does affects the finance department. E.g. the CFO is trying to get a new loan. He/she will be able to do it only if the whole organization works properly and is efficient, if not, no bank or investor will lend the organization money.
Answer:
$358,150
Explanation:
Cost of goods manufactured is calculated in a Schedule of Manufacturing Costs as follows :
Cost of goods manufactured = Beginning Work In Process + Total Manufacturing Costs - Ending Work In Process
where,
Total Manufacturing Costs :
Materials used in product $124,260
Depreciation on plant $69,650
Property taxes on plant $21,750
Labor costs of assembly-line $120,570
Factory supplies used $25,810
Total $362,040
therefore,
Cost of goods manufactured = $13,700 + $362,040 - $17,590 = $358,150
Answer:
The answers is: B) 5 apples; 2 apples
Explanation:
The opportunity cost is how much of one product you are giving up when you decide to take a different product.
In this case, for every pair of shoes an American worker decides to make, he is not growing 5 apples (100 apples / 20 pairs of shoes).
And for every pair of shoes a Canadian worker decides to make, he is not growing 2 apples (20 apples / 10 pairs of shoes).
The answer would be economics. The study of economics deals with the distribution of money and how different people in society use it to contribute more to the economy.
