Answer:
A. 90
Explanation:
nominal GDP = 50*20 + 100*8 = 1800
real GDP = 50*10 + 100*15 = 2000
GDP deflator = (nominal GDP/ real GDP)*100 = (1800/2000)*100 = 90
Answer:
Allocated MOH= $432,000
Explanation:
Giving the following information:
Predetermined overhead rate of $8.00 per machine-hour
Actual machine-hours worked= 54,000 hours
<u>To calculate the allocated overhead, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 8*54,000
Allocated MOH= $432,000
Answer:
D) will be cancelled if not immediately executed at the stated price or better.
Explanation:
A Fill-Or-Kill order can be regarded as
an order that is been made in order
to buy/sell a stock and it must be executed in entirety and immediately. If not executed immediately the order might be cancelled since partial Execution is not part of the process of Fill-Or-Kill order. It should be noted that A fillorkill order will be cancelled if not immediately executed at the stated price or better.
Answer:
$3,942
Explanation:
Step 1 : Determine number of units sold
Units Sold = Total units available for sale - Units remaining in inventory
= (45 + 157 + 22) - 56
= 168 units
Step 2 : Determine Cost of goods sold
<em>FIFO assumes that the units to arrive first will be sold first.</em>
Cost of goods sold = (45 units x $22) + (123 units x $24)
= $3,942
The amount allocated to cost of goods sold for July is: $3,942
