The correct options are
A)$4,332B)$3,734C)$3,072D)$5,086
Answer:
$5086
Explanation:
Total cost is defined as the amount spent in a production process which involves variable cost such as labour and raw materials which change with volume of production.
In addition fixed cost that remain constant with volume of production are also considered as part of total cost.
In the give scenario
Direct materials is $3,044
Direct labour cost is $15 * 46 = $690
Machine use cost $13 * 104 = $1,352
Total cost = 3,044 + 690 + 1,352 = $5,086
Answer:
The correct answer is option (a).
Explanation:
According to the scenario, the computation for given data are as follows:
Net cash flow = Net income + Depreciation expense - Increase in accounts receivable - Decrease in accounts payable
Net cash flow = $165,000 + $28,000 - $16,000 - $21,000
= $193,000 - $37,000
= $156,000
Hence, the net cash flow from operating activities using the indirect method is $156,000.
Answer:
A) $20,000
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
The stereo and the tires wont be included in GDP because they are intermediate goods. It is only the final good, the car, that would be included in GDP
Answer:
2) privatization is becoming a driving force for global marketing.
Explanation:
Privatization refers to the step in economy where all the industries which were under the authorization of government license are now available for private sector.
That means all the people in private sector, that is private or public companies can run the same business, and are allowed not to involve any government body in such sector anymore, as there is no compulsion.
Also provided when this privatization happened companies tend to grow the performance in economy, as sales increased for each privatized item, and the sector is now growing rapidly.
Therefore, statement 2 is correct.