Answer:
A.
Factory Overhead, $12,600 Dr.
Utilities Payable, $6,500 Cr.
Accumulated Depreciation, $2,500 Cr.
Wages Payable, $3,600 Cr.
Explanation:
All the given Expense are classified as the factor overhead and They are accumulated in a single account of factory overhead. Utilities are classified as factory overhead as it is not directed attributable to a specific single product or department. Depreciation is also considered as an overhead due to its nature of expense. Wages are also treated in the same way. All they expenses are added together to be charged in a single head of Factory overhead by $12,600.
Answer: Enter into a futures contract
Explanation:
Wheldon Wheels inc. operates in the United states, The company exports car Parts to Taiwan which means they do business with companies in Taiwan. The amount that Wheldon Wheels inc receives when they export car parts depends on the Exchange rate between a US dollar and Taiwan Dollar.
Exchange rates between currencies fluctuates every day in the market which presents a problem of uncertainty because when exchange rate changes the value of the transaction changes and that will increase or decrease a company's profits in each transaction.
Wheldon Wheels Expects to receive 20 000 000 Taiwan dollars in 90 days, since the company is in The united states the amount of 20 000 000 of Taiwan Dollars Receivable will need to be converted into US dollars. The Problem is, The exchange rate may decrease or increase in the next 90 days which will affect how much Wheldon Wheels receives in dollars.
Wheldon Wheels inc may Protect them selves against Exchange rate Fluctuations by entering into A Future Contracts with a Bank or exchange dealer. Futures Contract will provide Wheldon Wheels inc with an opportunity to sell 20 000 000 Taiwan Dollars in 90 days at a fixed predetermined exchange rate. The Dealer Promises to Buy 20 000 000 Taiwan Dollars in 90 days at a Predetermined Fixed exchange rate.
example
suppose the (WW) enters into a Futures contract to sell 20 000 000 Taiwan Dollar in 90 days at an Fixed exchange rate of $1 = 1.5 Taiwan dollar, if the market exchange rate in 90 days is $1 = 1.3 Taiwan dollar Wheldon Wheels inc would be protected. The Exchange rate for the 20 000 000 Taiwan Dollar transaction would remain at $1 = 1.5 Taiwan dollar
Answer:
The options are wrong, if consumer spending is $375 when income is $500, it has to be higher if income increases (it cannot be lower).
Consumer spending at $510 = $383
Explanation:
the economy's multiplier = 1 / MPS (marginal propensity to save)
5 = 1 / MPS
MPS = 1 / 5 = 0.2
MPC (marginal propensity to consume) = 1 - MPS = 1 - 0.2 = 0.8
consumer spending at $510 = consumer spending at $500 + [$510 - $500) x 0.8] = $375 + ($10 x 0.8) = $375 + $8 = $383
MPC measures how much consumer spending increases if total disposable income increases.
Answer:
The answer is 31%
Explanation:
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Answer:
false
Explanation:
bachelor degree must be completed before masters