Answer:
$32.00
Explanation:
Product cost under Absorption costing comprises of all manufacturing costs (variable and fixed). Non manufacturing costs are treated as Period costs
<u>Product Cost Calculation</u>
Direct materials $ 11
Direct labor $5
Variable manufacturing overhead $5
Fixed manufacturing overhead per year ($110,000/ 11,000) $10
Total $31
Conclusion
The unit product cost under absorption costing is closest to $31.00
Answer:
The correct answer is letter "B": controlling.
Explanation:
There are five (5) main managerial functions: <em>planning, organizing, controlling, directing, </em>and <em>staffing</em>. Planning involves setting goals and strategies. Organizing refers to allocating resources to maximize productivity. Controlling <em>involves monitoring and evaluating performance compared to a budget or the firm's expectations. </em>
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Leading implies driving employees to the achievement of goals. Finally, staffing requires hiring qualified personnel that contributes to the institution's objectives and removing those going against the firm's interests.
Answer:
Gross Domestic Product
Explanation:
Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.
Answer:
savings account
deposit
Explanation:
Interest is the money earned when deposits or savings stay in a financial institution for some time. Financial institutions such as commercial banks pay interests to encourage the public to save and keep deposits in their bank accounts. Interest earned is determined by the amount of deposit or saving, the interest rate offered, and the duration of time the money stayed in the bank.
A high-interest rate is attractive to the public as it earns more interest. Financial institutions compete for deposits and saving by offering better interest rates.
The science that studies trends and changes in human populations is called demography. Thus, option C is correct.
<h3>What is the population? </h3>
The population can be defined as the number of people present in a particular region. The region can be locality, city, country, or the world.
The quantitative study of human inhabitants is called demography. Demographers examine the range, migration, and composition of people using census data, surveys, and statistical models. It also includes the death and birth and mortality ratio. Therefore, option C is the correct option.
Learn more about population, here:
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