Answer:
Total product cost= $169,000
Explanation:
<u>The product cost is calculated using the direct material, direct labor, and manufacturing overhead:</u>
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Direct materials $ 79,000
Direct labor $ 40,000
Variable manufacturing overhead $ 19,000
Fixed manufacturing overhead 31,000
Total product cost= $169,000
Correct/Complete Question:
The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False
Answer:
True
Explanation:
The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;
- What goods and services should be produced?
- How should these goods and services be produced?
- Who consumes these goods and services?
Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.
I hope this helps.
Answer:
Total assets and Total equity will be this year's understated.
Answer:
C. Life insurance company
Explanation:
- Life insurance is an insurance company that deals with a product that provides reinsurance in the event of the untimely death of the insured.
- There are also products that offer a savings / investment portion that saves insurance space for their future or for a specific period.
so correct option is C. Life insurance company
