<span>The measure of economic performance that compares how much a system produces versus the resources required to produce it, is known as *productivity*.</span>
Answer:
the manufacturing overhead for the month should be overapplied by $16,000
Explanation:
Given that
The debit to the manufacturing overhead is $53,000
And, the credit balance is $69,000
So, it should be overapplied by the
= $53,000 - $69,000
= $16,000
Therefore the manufacturing overhead for the month should be overapplied by $16,000
This is the answer but the same is not provided in the given options
Answer:
November 1 Inventory 52 units at $79
November 10 Sale 35 units
- COGS = 35 x $79 = $2,765
- Inventory balance = 17 x $79 = $1,343
November 15 Purchase 27 units at $83
November 20 Sale 25 units
- COGS = (17 x $79) + (3 x $83) = $1,592
- Inventory balance = (24 x $83) = $1,992
November 24 Sale 13 units
- COGS = 13 x $83 = $1,079
- Inventory balance = 11 x $83 = $913
November 30 Purchase 39 units at $86
- Inventory balance = $913 + (39 x $86) = $4,267
1,000 billion is how much the government would spend to increase outputs
Answer:
d.6.5
Explanation:
The formula to compute the times interest earned ratio is shown below:
Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)
where,
Earnings before interest and taxes = Income before income tax for year + Interest
= $550,000 + $100,000
= $650,000
And, the interest expense = Bonds payable × rate of interest
= $1,000,000 × 10%
= $100,000
Now put these values to the above formula
So, the ratio would equal to
= $650,000 ÷ $100,000
= 6.5 times
