Incomplete question. I inferred you want an affirmation if the statement is true/false.
<u>Answer:</u>
<u>True.</u>
<u>Explanation:</u>
The US Bureau of Labor Statistics (BLS) a federal agency continuously reports every month the Consumer price index in the United States. For example,
One may ask: <em>What is the consumer price index? </em>Well, in simple terms, it is a measuring scale that calculates how much prices of consumer goods (such as food, energy cost, transportation, etc) changed in the past month. This gives us an overview if there are positive or negative changes in the cost of living is.
Answer:
$106.36 per unit
Explanation:
Total overhead assigned to product X0
= [Total overhead / Total direct labor hours ] × Labor hours of product XO
= [$570,240 / 7,770] × 1,000
= $73,390
Overhead assigned to each unit of product X0
= $73,390 / Units of product X0
= $73,390 / 690
= $106.36 per unit
Answer: d. If intermediate goods were counted, then multiple counting would occur.
Explanation: Gross domestic product (GDP) measures economic output--the value of final goods and services produced within a country's borders. If intermediate goods (goods that are used to make final products) were counted, then multiple counting would occur. This is the reason why in calculating the gross domestic product (GDP) for a specific year, only final goods and services (goods and services that are ready for sale or use) are included. Doing this does not mean that intermediate goods and services are not factored in in its calculation. What it means is that each intermediate step in a supply chain counts the value added at each step leading to the production of the final good.
Answer:
The Answer is C. $1,325.99
Explanation:
The monthly equated formula is used to reach out on monthly installments
total amount needed to buy a new home is =$187500-($187500*20%=$150000
Therefore loan required is $150,000 which will be repaid over 30 years i.e 30*12=360 months
Interest=10%/12=.008333
Installment=.00833*(1+.00833)^360/(1+.00833)^-360=3.27
Installment=(3.27*150000)/360=$1325.99
Answer: D, If Silver uses the accrual method, $195,000 in 2018 and $0 in 2019
Explanation: Accounting for organisations are recorded in accrual basis and not cash basis. This means that all income and expenses pertaining to a particular year is accounted for in that year.
Silver Inc. will record in its books the total salaries due to its staff for any particular year in the year the expense was incurred. if paid in that year it will be recorded thus:
Debit salaries as salaries expenses for the period
Credit bank as salaries paid.
If salaries are not paid in the year it was incurred, it will be recorded thus:
Debit salaries as salaries expenses for the period
Credit salaries payable account as accrued salaries
when treated this way, it will give room to silver inc to recognise that they owe salaries that are yet to be paid which will reflect in their financial statement as Payable in the current year.