Answer:
no they are not the same hope this helps
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Barrington Bears has developed the following sales forecasts for January 500 units.
BB has 80 bears on hand on Dec. 31. The normal ending inventory policy is to hold 20% of next month’s sales.
Direct labor is paid $18 per hour. Each bear takes 40 minutes to hand-finish. Variable overheads total $21 per direct labor hour. Fixed overheads amount to $25,000 per month.
First, we need to calculate the production for January.
Sales= 500 units
Ending inventory= (600*0.2)= 120 units
Beginning inventory= 80 (-)
Total= 540 units
Conversion costs= direct labor + manufacturing overhead
Direct labor= [(40/60)*540]*$18= $6,480
Variable overhead= 21*360 hours= $7,560
Fixed overhead= $25,000
Total conversion costs= $39,040
Answer:
A
Explanation:
The quantitative theory of money states that MV=PT.
M: money supply
V: velocity of circulation (number of times that a dollar changes of holder in a period)
P : price of a typical transaction
T: total number of transactions.
We can also write the equation as MV=PY, because the value of transactions is equal to the GDP (Y).
If M has a constant growth but there are fluctuations in V, then P, Y or both change.
