Answer:
$30,000
Explanation:
Use the following formula to calculate the total cost
Total cost = ordering costs + holding costs
Where
Ordering costs = Numbers of orders placed per year x Ordering Cost per order = ( 45,000 units / 3,000 units per order ) x $1,000 per order = 15 x $1,000 = $15,000
Holding costs = Average Inventory x Holding cost per unit per year = ( 3,000 units / 2 ) x ( $100 x 10% ) = 1,500 units x $10 = $15,000
Placing values in the formula
Total Cost = $15,000 + $15,000
Total Cost = $30,000
Answer: Debit to Factory Overhead.
Credit to Factory Utilities Payable.
Explanation:Utilities are part of actual overhead costs. It is a necessary cost in order to operate the factory, but is not DIRECT Labor or DIRECT Material.
Answer:
C. poorly chosen mortgage loans, falling housing prices, and a contracting economy.
Explanation:
According to my research on the events that caused the 2007/2008 economic crisis in the United States of America, it can be said that there was a "perfect storm" of factors that contributed to this economic crisis. This Perfect Storm of factors were poorly chosen mortgage loans, falling housing prices, and a contracting economy. These factors combined caused the housing market to crash which also led to the stock market crashing.
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The answer is <span>By establishing an ethical standard
Not all corporate social responsibility involves Giving a form of aid to other people outside the corporation.
Social responsibility also come in form of maintaining proper way of doing business (such as paying taxes properly, not lying to the public about your product, etc)</span>
Answer:
The correct answer is Option B.
Explanation:
International Accounting Standards Board (IASB) was established in 2001 to replace the International Accounting Standards Committee. It is a private-sector and independent body that approves and develops International Financial Reporting Standards (IFRS). IFRS is an accounting standard that tends to uniform the financial reporting standards across different organizations across different countries. The IASB also makes pronouncement on new and emerging IFRS standards.