Answer c is the most inaccurate
Answer: $178,000
Explanation:
The following information can be derived from the question:
We have to first calculate the total manufacturing cost. This will be:
Direct material 29000
Add: Direct labor 58000
Add: manufacturing overhead 82000
Then the manufacturing cost will be:
= 29000 + 58000 + 82000
= 169000
We then add the beginning work in progress and then subtract the ending work in progress. This will be:
Manufacturing cost = 169000
Add: Beginning WIP = 66000
Less: Ending WIP = 57000
= 169000 + 66000 - 57000
= $178,000
Answer:
The correct answers are letters "A", "B", and "C": straight-line depreciation, manager's salary, store rent.
Explanation:
Fixed Costs are business expenses that do not change as the level of production goes up or down. They are one of two types of business expenses the other being variable cost. Variable costs do change as the volume of production changes. Examples of fixed costs are high-executive salaries, rent, depreciation, and insurance. Examples of variables costs are commissions, raw materials, and transportation fees.
Answer:
The correct answer is unwillingness of borrowers to obtain loans from banks to invest in factories or expansion of the firm.
Explanation:
Solution
<em>Given that:</em>
Leakage problem occurs or happens within an economy when the money goes out of the economy, which leads to a loss in the economic value of goods and services, and also leads to loss in profits making.
This would lead to an unwillingness of borrower's to obtain loans from banks in the expansion of the firm or to invest in factories.
