<span>Down payment = $850
</span><span>Monthly payment = $415
</span><span>Loan term = 24 months
</span><span>First, ($415)(24) = $9,960
</span><span>Second, ($850+$9,960) = $10,810
</span><span>The total car costs $10,810
</span>
The answer would be between A and D.
Answer:
Explanation:
For passing the journal entry, first, we have to compute the predetermined overhead rate to know that whether the overhead is under applied or over applied.
Predetermine overhead rate = Estimated overhead cost ÷ direct labor cost
= $118,500 ÷ $125,600
=0.94
Now, we can compute the under applied or over applied overhead which is shown below:
= Actual direct labor cost × Pre determined overhead rate - actual overhead
= $115,800 × 0.94 - $108,000
= $108,852 - $108,000
= $852
Since the amount is in positive, so it is over applied overhead and the journal entry is given below:
Manufacturing overhead A/c Dr $852
To Cost of goods sold $852
(Being over applied overhead closed)
Answer:
A) Regionalism
Explanation:
-Regionalism refers to the idea that countries that are close to each other have a similar identity and shared history that leads to the creation of regional institutions or trading blocks that generate integration between them.
-Globalization is the process in which people, governments and organizations around the world are more connected.
-Monopolies are created when an organization is the only one that can provide a product or service in a market.
-Nationalism is an idea in which people put their nation above all others.
-Traditional Practices refer to behaviors that are common to a specific group or culture.
According to this, strong pressures for convergence due to a shared history and culture, or the establishment of a trading block where there are deliberate attempts to harmonize trade policies, infrastructure, and regulations have contributed to the rise in regionalism.
