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dusya [7]
3 years ago
14

When the overall level of goods and services available remains constant?

Business
1 answer:
MAXImum [283]3 years ago
8 0
It is called economic stability.
You might be interested in
Identify and perform ten resistance training exercises. describe which phase of the exercise is the eccentric, concentric, and i
s344n2d4d5 [400]
The top 10 resistance training exercises are:
1) squats
2) lunges
3) dead lifts
4) pull ups or chin ups
5) lateral pulldown 
6) bent over row
7) push ups
8) bench press
9) tricep push down
10) barbell curl

The phases of movement in an exercise are the following:
1) concentric - muscles contract and its fibers are shortening. movement goes inward ; towards the body. involves curling.
2) isometric - muscles contract but no movement. it neither shortens nor lengthens.
3) eccentric - muscles contract and its fibers are lengthening. movement goes outward; involves stretching.

More power is generated during the eccentric phase of movement. This phase also generates the most soreness because it causes the most number of micro-traumas. But compared to the other two phases, eccentric phase is safer when you train a pattern or motor movement repeatedly. 
5 0
3 years ago
Gene Simmons Company uses normal costing in each of its three manufacturing departments. Factory overhead is applied to producti
kolbaska11 [484]

Answer:

<u>Required A</u>

Part 1

<em>Actual overhead rate = Actual Overheads ÷ Actual hours used</em>

Therefore,

Dep A = $35,640 ÷ 8,100 = $4.40

Dep B = $36,040 ÷ 1,440 = $25.03

Dep C = $38,220 ÷ 1,280 = $29.86

Part 2

<em>Overheads applied = Overhead rate × hours used</em>

Therefore,

Overheads applied = $4.40 × 650 hours = $2,860

Part 3

1. Actual costing delays product costing as the information is only available after the period.

2. Difficult to deal with for fluctuating or seasonal sales as new rates always need to be calculated.

<u>Required B</u>

Part 1

1. Product Costing can be done on time hence price setting can also be done at an earlier stage.

2. Rates are determined consistently for fluctuating or seasonal sales

Part 2

<em>Predetermined overhead rate = Budgeted Overheads ÷ Budgeted hours </em>

Therefore,

Dep A = $380,000 ÷ 95,000 = $4.00

Dep B = $420,000 ÷ 70,000 = $6.00

Dep C = $510,000 ÷ 35,000 = $14.57

Part 3

<em>Overheads applied = Predetermined overhead rate × hours used</em>

Therefore,

Overheads applied for January,

Department A = $4.00 × 8,100 hours = $32,400

Department B = $6.00 × 1,440 hours = $8,640

Department C = $14.57 × 1,280 hours = $18,649.60

Part 4

If <em>Actual Overheads > Applied Overheads</em>, we say overheads are under-applied,

and

If <em>Applied Overheads > Actual Overheads</em>, we say overheads are over-applied.

Therefore,

<u>Department A :</u>

Actual Overheads = $35,640

Applied Overheads = $32,400

Therefore, overheads are under-applied by $3,240

<u>Department B :</u>

Actual Overheads = $36,040

Applied Overheads = $8,640

Therefore, overheads are under-applied by $27,400

<u>Department C :</u>

Actual Overheads = $38,220

Applied Overheads = $18,649.60

Therefore, overheads are under-applied by $19,570.40

Part 5

<u>Department A</u>

Cost of Sales = $3,240

<u>Department B</u>

Cost of Sales = $27,400

<u>Department C</u>

Cost of Sales = $19,570.40

Part 6

<u>Department A</u>

Cost of Sales = $3,240

<u>Department B</u>

Cost of Sales = $27,400

<u>Department C</u>

Cost of Sales = $19,570.40

Explanations :

See the formulas and calculations tied together with the solution above.

Note that :

If <em>Actual Overheads > Applied Overheads</em>, we say overheads are under-applied,

and

If <em>Applied Overheads > Actual Overheads</em>, we say overheads are over-applied.

Also that ,

Balances in the Overheads Account are closed off against the Cost of Goods Sold in the Income Statement.

 

7 0
3 years ago
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
yanalaym [24]

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

  1. accrued revenues
  2. accrued expenses
  3. unearned revenues
  4. prepaid expenses
  5. depreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

7 0
3 years ago
The Fed purchases $200 worth of government bonds from the public. The reserve requirement is 8 percent, people hold no currency,
jolli1 [7]

Answer:

The correct answer is $2,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

Deposits = $200

Reserve requirement ratio = 8%

So, we can calculate the Increase in money supply by suing following formula:

Increase in money supply = Deposit ÷ Reserve requirement ratio

By putting the value, we get

= $200 ÷ 0.08

= $2,500.

4 0
3 years ago
"Career Clusters" describe a group of _______ within the same industry.
Afina-wow [57]

I think that the answer is "Jobs" or "Careers"

3 0
4 years ago
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