Answer:
Work in progress inventory--- Dr 500
To Material Inventory ----- Cr 300
To Wages payable--------- Cr 150
To manufacturing overhead---Cr 50
(As incurred or applied)
Explanation:
As per the journal entry of process costing system, each department record the transfer of material to the other department of production. The amount of inventory transfered to the next department equals the amount listed as transfered on the cost of production report. Overhead costs are accumlated in a manufacturing overhead account.
Answer:
Inflation reduces the affordability of goods and services to the average consumer.
Explanation:
Inflation is the persistent and generalized increase in the value of prices. When inflation reaches zero we say that there was a stability in prices.
When a country is experiencing a period of inflation there is uncertainty about the country's economy that forces the government to find alternatives to control inflation. One of the possible alternatives is to make it impossible for inflation to hinder the accessibility of goods and services to the average consumer
For this reason, the government invests in the productive capacity of the country, making the supply levels of the products and services always high, resulting in the reduction of the prices of these products. This is because more products available to consumers means increased supply, which results in falling prices.
Answer:
(2) 4%
Explanation:
The portfolio is considered to be less risky if its volatility is low. The higher standard deviation the more risky is the project. For Duke Energy and Microsoft the investment portfolio required is risk free investment. To calculate the risk free rate we calculate using the formula;
Var Rp = x1 2Var R1 + x2 2Var R2 +2 x1 x2 Corr (R1, R2) SD1 SD2
Var Rp = 0.14 + 0.44 + 2 (1) * (-1) * 6% * 24%
Solving for this we get the risk free investment at 4%.
Answer: Option (c) is correct.
Explanation:
When interest rates fall then firms want to borrow more for new plants and equipment and households want to borrow more for home building.
If there is a fall in the interest rate in an economy this will make the loans cheaper.
So, every individual wants to grab this opportunity by taking cheaper loans for various purposes such as home building, buying new plants and equipment, etc.
Hence, firms take an advantage of the lower interest rate by making investment in plants, equipment and machinery.
Whereas households also want to borrow from banks at lower interest rates for building their home. Because it will become cheaper for them to take loan at the ongoing lower interest rate.
The market environments made up of consumers and companies is the traditional marketplace, and the other is the marketspace.
<h3 /><h3>What is the marketplace?</h3>
Corresponds to the market where exchanges, transactions and negotiations of products and services between individuals and organizations are carried out.
Therefore, through the marketplace and marketspace, economic transactions are carried out and determined by the law of supply and demand.
Find out more about marketplace here:
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