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3 years ago

Is globalization important in a country, if yes why

1 answer:

8 0

Answer: Globalization has had a positive effect on economic growth, contributing to rising living standards and the reduction of extreme poverty across the world.

Explanation:

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Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and compu

Misha Larkins [42]

Answer:

d. $73,500

Explanation:

The computation of the estimated total manufacturing overhead for the customizing department is shown below:

= Total fixed manufacturing overhead cost + Variable manufacturing overhead cost

where,

the variable manufacturing overhead cost = Customized Direct labor-hours × Variable manufacturing overhead per direct labor-hour

= 7,000 units × $5

= $35,000

And, the Total fixed manufacturing overhead cost is $38,500

Now put these values to the above formula

So, the answer would be equal to

= $38,500 + ($7,000 hours × $5 per hour)

= $38,500 + $35,000

= $73,500

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4 years ago

V Boutique is a fashion house that designs, manufactures, and sells evening gowns. Their lowest-selling design is a vibrant gree

Lyrx [107]

Answer:

V. Boutique

Assuming their projection of 500 gowns is accurate, the total average cost they will incur per gown is:

= $108.

Explanation:

a) Data and Calculations:

Unit variable costs:

Fabric and materials per gown = $62

Labor cost per gown to construct the gown = $40

Total unit variable costs per gown = $102

Unit fixed costs:

Equipment cost = $3,000/500 $6

Total average costs per gown = $108

b) The average cost per gown equals the unit costs (variable costs per unit and the fixed costs per unit). V. Boutique incurs a total equipment cost of $3,000 for the 500 gowns. This means that each gown consumes $6 ($3,000/500) in equipment costs.

7 0

3 years ago

The board of governors of the federal reserve system can increase commercial bank reserves by

Marina CMI [18]

<span>The board of governors of the federal reserve system can increase commercial bank reserves by increasing the size of its term auction facility.</span>

3 0

3 years ago

Yoshi Company completed the following transactions and events involving its delivery trucks 2016 Jan. 1 Paid $20,515 cash plus $

frozen [14]

Answer:

Depreciation for 2017

Account - Dr - Cr

Depreciation expense $4900

Accumulated Depreciation $4900

Depreciation for 2018

Account - Dr - Cr

Depreciation expense $4900

Accumulated Depreciation $4900

Sale of Truck:

Account - Dr - Cr

Cash $5300

Equipment $22,000

Accumulated Depreciation $9800

(4900*2)

Loss on Sale $6,900

Explanation:

Depreciation = (Cost + Sales tax - Salvage value) / useful life

=(20515+1485-2400)/4

=$4900

Book value = Cost + Sales tax - Annual depreciation computed in (a) * 2 years

=20,515+1,485-4900*2

=$12,200

Gain (loss) = Proceeds - Book value

=5,300 -12,200

=$6,900

6 0

3 years ago

The Tennis Times (TTT) is a publisher of magazines. Its accounting policy for subscriptions follows:RevenuesRevenues from our ma

mrs_skeptik [129]

Answer:

Question requires the journal entries to record a, b and c.

Date Account Title Debit Credit

2018 Cash $490,000,000

Unearned revenue $490,000,000

Date Account Title Debit Credit

2018 Unearned revenue $239,000,000

Service revenue $239,000,000

Date Account Title Debit Credit

2019 Unearned revenue $251,000,000

Service revenue $251,000,000

3 0

3 years ago

Is globalization important in a country, if yes why​

Is globalization important in a country, if yes why