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3 years ago

The gross domestic product is _____.

Business

2 answers:

vfiekz [6]3 years ago

7 0

Answer:

GDP is commonly used scale to measure market values.

hram777 [196]3 years ago

3 0

GDP is a Gross Domestic Product it including exports minus imports.

Hope it helped

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Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory accou

Sergio039 [100]

Answer and Explanation:

1. The computation of the predetermined overhead rate is shown below:

= Overhead applied ÷ direct material cost

= $846,000 ÷ $1,800,000

= 47%

2. The direct labor and overhead cost assigned to the job is shown below:

Total cost $89,000

Less: direct material cost $32,000

Less: overhead cost $15,040 ($32,000 × 0.47)

Direct labor cost $41,960

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3 years ago

Zanda Corp. and Jones Corp. are identical in every way (products produced, costs, demand, etc.) except for one. Zanda uses a lev

Natali [406]

Answer: (C) Zanda will have higher inventory carrying costs.

Explanation:

The inventory carrying cost is one of the type of overall holding inventory cost that helps in identifying the various types of business expenses and also storing the various types of unsold goods and the services in the market.

The inventory carrying cost is also known as the holding cost and it is basically responsible for handling the cost system by using the estimated formula.

According to the given question, Zanda corporation is basically using the level production plan for the purpose identifying their business factors such as costs, demand and the products.

So, based on the given information is Zanda will have the high inventory carrying cost statement is true. Therefore, Option (C) is correct answer.

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3 years ago

An item on the University Book Store's survey asks respondents to tell the store, in their own words, what they like least about

kramer

Answer: Open-ended

Explanation:

Here, in this particular we can state that the given question is an example of an <em>open-ended question</em>. Under this scenario, the question being asked is subjective i.e. what an individual likes least about the textbook shopping. The open-ended questions are referred to as questions that cannot be replied with either a yes or a no.

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3 years ago

Match the following statements to the appropriate terms. An entry that involves three or more accounts. Transferring journal ent

Evgen [1.6K]

Answer: The answers are given below

Explanation:

• An entry that involves three or more accounts. = Compound entry.

A compound entry is when two or more journal entries are combined together on order to save time.

• Transferring journal entries to ledger accounts. = Posting

• The side which increases an account. = Normal account balance.

• A list of all the accounts used by a company. = Chart of an account.

A chart of accounts (COA) consists of all the financial accounts that are in the company's general ledger. It gives the the details of the financial transactions that is being conducted by a company for a particular accounting period.

• A record of increases and decreases in specific assets, liabilities, and stockholdersl items. = Account

• Left side of an account. = Debit

The debit is an entry used to record the amount that the entity owe and it is always listed on left-hand side of an account.

• An entry that involves only two accounts. = Simple entry

A simple entry is made up of two accounts while a compound entry is made up of more.

• A book of original entry. = Journal

A journal is a record of every financial transactions that a business takes part in.

• A list of accounts and their balances at a given time. = Trial balance

The trial balance consists of a list of all the general ledger accounts that is, both the revenue and capital that are contained in a business ledger.

• Has a credit normal balance = Revenue account

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4 years ago

This is the term that describes the circus performers who were painted by pablo picasso

ipn [44]

I'll think it's better if you search it up on google it will probably give you more information

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3 years ago