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antoniya [11.8K]
3 years ago
15

Cost of goods manufactured during the year is $240,000, and work in process inventory on December 31 is $50,000. Work in process

inventory during the year decreased by 60%. Total manufacturing costs incurred are
Business
1 answer:
Zinaida [17]3 years ago
8 0

Answer:

$165,000

Explanation:

The first step is to calculate the work in process inventory

= 50,000/40/100

= 50,000/0.4

= 125,000

Therefore the total manufacturing cost can be calculated as follows

= 240,000-125,000+50,000

= 115,000+50,000

= 165,000

Hence the total manufacturing costs is $165,000

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Maria, a banking executive, gives a job candidate a detailed interview​ and a walking tour of the facility. By sharing her time
Elis [28]

Answer:

Yes

Explanation:

Maria is giving a non-verbal message for his possible selection for the job by allowing him a tour of the facility and taking a detailed interview.

3 0
3 years ago
Gas costs $3 per gallon at a nearby gas station. there is a gas station about an hour away that has gas for sale for $2.90 per g
charle [14.2K]

The correct option is C.

He will likely lose money by driving an hour to get the discount gas.

<h3>What is  the opportunity cost ?</h3>

When compared to engaging in an alternative activity that offers a higher return on value or benefit, the opportunity cost of a specific activity option is the value or benefit that would be lost by doing that activity.

The word "opportunity cost" in economics describes the worth of what you must forgo in order to chose something else. It's a value of the path not traveled, to put it briefly.

<h3>Given that:</h3>

Gas is $3 per gallon.

The price per gallon is $2.90.

With 10 gallons of gas, the Salvador intends to go for an hour.

This means that the saver will have to spend money on gas by driving the car.

To know more about opportunity cost visit:

brainly.com/question/23950352

#SPJ4

I understand that the question you are looking for is:

Gas costs $3 per gallon at a nearby gas station. There is a gas station about an hour away that has gas for sale for $2.90 per gallon. Salvador plans to drive an hour to and from this gas station to fill his car up with 10 gallons of gas. What should Salvador understand before he launches into his plan?

A. The $30 savings are worth the drive to the other gas station.

B. He will save $3 by driving an hour to get the discount gas.

C. He will likely lose money by driving an hour to get the discount gas.

D. It is always better to buy something at the lowest price available.

8 0
1 year ago
Which of the following statements best describes a federal system of government
Bingel [31]
You did not mention the possible answers, however, a federal system of a government is when there are many states or autonomous regions that each have their own laws and small governments, but they all belong to a large federation where there is a federal government which makes laws and decisions on a larger scale that apply to all states that are members of the federation.
7 0
3 years ago
Taking a cash advance on your credit card for daily living expenses may not be a wise financial decision because interest begins
Phoenix [80]

Answer:

The statement is true

Explanation:

Credit card is the card which provide the benefit to the people to purchase the items without cash. In short, it is that card which the person could use when the person is short of cash or does not have cash while purchasing the item.

The benefit which is provided, it is against the interest which is being charged from the day the amount is spent till the date the whole amount (which is principle amount plus the interest amount) is paid to the company.

So, taking the cash in advance from the credit card would not be a wise decision as the interest begin from the day the advance is taken.

6 0
3 years ago
An initial decrease in a​ bank's reserves will decrease checkable deposits A. by an amount equal to the decrease in reserves. B.
ASHA 777 [7]

Answer:

C. by an amount greater than the decrease in reserves.

Explanation:

Due to the deposit multiplier which is determined by the required ratio reserve, the amount of checkable deposits decrease much more than the amount of decrease in the reserves.

It works as detailed:

Deposit Multiplier ∆D = (1/rr) × ∆R where the variation of "D" is determined by the "rr" (Ratio Reseserve) times "R" (Changes in Reserves.)

If the "rr" it's keep at the same level then a change in the "R" (Reserves) will have an impact in the "D" (Deposit) multiplied by the "1/rr".

3 0
3 years ago
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