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agasfer [191]
3 years ago
7

In the aggregate expenditures model, technological progress will shift the investment schedule: A. downward and increase aggrega

te expenditures. B. downward and decrease aggregate expenditures. C. upward and increase aggregate expenditures. D. upward and decrease aggregate expenditures.
Business
1 answer:
Liono4ka [1.6K]3 years ago
8 0

Answer:

C. upward and increase aggregate expenditures

Explanation:

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Disputants Martin and Daulton have hired Thurman to mediate their disagreement. Although Martin and Daulton must accept whatever
vekshin1

Answer:

The correct answer is False.

Explanation:

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3 years ago
Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory accou
kotykmax [81]

Answer:

1. Overhead rate = Overhead costs / Direct material costs

Overhead rate = $684,000 / $1,900,000

Overhead rate = 0.36

Overhead rate = 36%

2. How much direct labor cost and overhead cost are assigned to this job?

Total cost of job in process                      $71,000

Less: Overhead applied                            $7,920

          ($22,000 * 36%)

Less: Material cost of job in process        <u>$22,000</u>

Direct labor cost                                        <u>$41,080</u>

Hence, direct labor cost is $41,080 and Overhead cost is $7,920

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3 years ago
The financial statements of New World, Incorporated, provide the following information for the current year: December 31 January
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