Answer:
Total expending 21,320
Explanation:
Assuming the administrative expense are also paid on cash during the period
1,300 units x $4.20 = 5,460 Variable expending
19,240 fixed cost - 3,380 depreciation (non-monetary) = 15,860 Fixed expending
Total expending 5,460 + 15,860 = 21,320
<u>Remember:</u>
Depreciation and amortization are non-monetary term, they don't involve a cash disbursement.
The answer would be A) True.
Answer:
True
Explanation:
In a free enterprise economic system, the government issues minimal restrictions on the types of goods or services produced. It does not set prices; neither does it dictate the nature of business operations.
In the United States, forces of demand and supply determine the prices. Entrepreneurs have the freedom to decide the type of business to operate. Customers have the option of choosing the products they want to buy. For this reason, the US main economic system is a free enterprise.
Answer:
105
Explanation:
base year = 2016
cost of market basket of goods in base year = $2,000
CPI for base year = 100
year 2018
cost of market basket of goods in 2018 = $2,100
CPI for 2018 = (cost of basket of goods in 2018 / cost of basket of goods in base year) x 100 = ($2,100 / $2,000) x 100 = 105
The answer to your question is A
