Answer:
$480,000
Explanation:
The computation of the total manufacturing costs for Job No. 305 is shown below:
= Direct material cost + direct labor cost + manufacturing overhead cost
where,
Direct material cost = $180,000
Direct labor cost is
= $200,000 ÷ 200% × 100%
= $100,000
And, the manufacturing overhead cost is $200,000
So, the total manufacturing overhead is
= $180,000 + $100,000 + $200,000
= $480,000
Answer:
B) government spending and taxes that automatically increase or decrease along with the business cycle.
Explanation:
The two most common automatic stabilizers are: income taxes and unemployment benefits.
When the economy is strong, people make more money, and income tax revenue automatically increases.
On the contrary, when the economy is weak, or in recession, people earn less, and more of them are unemployed. Unemployment benefits therefore increase accordingly.
Answer:
TRUE
Explanation:
Kleister Company:
1. Issues bonds for $100 million - INFLOW
2. Repays a long-term notes payable of $10 million. - OUTFLOW
3. The company also repurchases its own shares for $12 million - OUTFLOW
4. Issues stock dividends with a market value of $5 million. - NOT A CASH FLOW
It is therefore true that Net cash flow from financing activities will be: $78 million [100 million - 10 million - 12 million] since the dividends are stock dividends not cash dividends
Answer:
2.8%
Explanation:
The formula to calculate value of a perpetuity is as follow:
V = Annuity payment in year 1 / (r-g)
V: Value of the perpetuity
r: Discount rate
g: Growth rate (missing value)
By inputting numbers into the formula, we have:
6225.81 = 386 / (0.09 - g)
--> g = 2.8%
<span> B. When used, both take money directly out of a bank account.</span>
