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pickupchik [31]
3 years ago
14

If the credit to record the purchase of supplies on account is not posted

Business
1 answer:
Ratling [72]3 years ago
6 0
The liabilities will be understated. 
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Which element of policy making is government recognition that a problem is worthy of intervention?
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The answer to the question "Which element of policy making is government recognition that a problem is worthy of intervention" is the Agenda Setting. Or others would call this as agenda setting theory. This is also how the media interacts with the audience and convince them to do something.
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What transactions are included in income from continuing operations? briefly explain why it is important to segregate income fro
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Bancorp changes its interest rates for consumer loans on houses and cars based on changes made by the federal reserve​ (the fed)
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3 years ago
Telecom uses activity-based costing to allocate all manufacturing conversion costs. Telecom produces cellular telephones; each p
Alchen [17]

Answer:

The correct answer is $70

Explanation:

Giving the following information:

$40.00 of direct materials

includes 20 parts

requires 5 hours of machine time.

Activity (Allocation Base) - Cost Allocation Rate

Materials handling (Number of parts) - $0.50 per part

Machining (Machine hours) - ​$14.00 per machine hour

Assembling (Number of parts) - $1.00 per part

Packaging (Number of finished units) ​- $2.00 per finished unit

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Machining= 14*5hours= $70

5 0
3 years ago
If the dollars held for transactions purposes are, on the average, spent four times a year for final goods and services, then th
Ede4ka [16]

Answer:

The answer is (B) which is the 25 percent of nominal GDP.

Now, the question may arise that what prompted us in choosing the option (b)

This consequentially will take us to the point where we define and discuss on how we calculate for nominal GDP

What is nominal GDP:

Nominal GDP which simply means a group or pattern of measurement of a country gross domestic product. It is usually being analysed at market current prices. Hence, nominal GDP includes all of the changes in market prices that happened during the current  or existing year due to inflation or deflation.

How do we calculate for nominal GDP:

It is calculated by dividing Nominal GDP by Real GDP and then multiplying by 100.

It should also be noted that Nominal GDP is the market value of goods and services produced in an economy in its raw or un-adjusted  format for inflation. Real GDP is nominal GDP, adjusted for inflation to reflect changes in real output.

8 0
4 years ago
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