Answer:
Private organisation
Explanation:
The National Bureau of Economic Research is a private organisation that disseminates economic research to academic communities, business professionals, and policy makers.
NBER's aim is to make sure there is greater understanding of how the economy works. It studies the effects of government policies on the economy, makes quantitative models of economic behaviour, and uses new statistical measurement tools.
Answer:
the cost of ending inventory is $1,680
Explanation:
The computation of the cost of ending inventory is shown below:
But first determine the ending units
Ending inventory units is
= 30 units + 34 units + 61 units + 160 units -271 units
= 14 units
Now
The Cost of ending inventory is
= 14 units × $120
= $1,680
hence, the cost of ending inventory is $1,680
And, the same is to be considered
Answer: The predetermined overhead rate increased because the total direct labor-hours dropped
Explanation:
The predetermined overhead rate refers to an allocation rate which is used in applying the estimated manufacturing overhead cost to the cost objects for a particular reporting period.
When there's reduction in the direct labor-hour requirement from 5 hours to 2 hours, the predetermined overhead rate increased because the total direct labor-hours dropped
The predetermined overhead rate is calculated as the total overhead cost divided by the machine hour. Therefore, if there's reduction in the direct labor hour rate, then there will be a rise in the predetermined overhead rate.
Entertainment; actors, singers, etc.
Answer:
A. Increase liabilities (Accounts payable) by $337.8 million
Explanation:
The journal entry will be: Inventory (Credit - Increased) 337,860,000 and Accounts payable (Debit - Increased) 337,860,000.
The company must recognize the increase in the Inventory and the medium of payment (Accounts payable).
B is false because this operationn can also be a decrease in cash, but the amount in the operation is too high for this payment medium.
C is false because, the inventory is not sold, and COSG will be increased when the goods are sold.
D is also false because the inventory is increasing, not decreasing.
