The question and the answer choices are lacking plus and minus signs.
Complete Question:
If the balance of payments on financial account is $25, the balance of payments on goods and services is -$20, and the statistical discrepancy in the financial account is $2, then net international transfer payments and net international factor income are:
Answer Choices:
A) -$7.
B) -$5.
C) $7.
D) $47.
E) $3.
Answer:
A) -$7.
Answer:
predetermined overhead allocation rate is $228 per hour
Explanation:
given data
Estimated over head costs = $8,000,000
Estimated machine hours = 35,000
actual machine hours = 31,000
to find out
predetermined overhead allocation rate
solution
we know that predetermined overhead allocation rate is express as
predetermined overhead allocation rate =
put here value
predetermined overhead allocation rate =
predetermined overhead allocation rate = $228.571
so predetermined overhead allocation rate is $228 per hour
Answer:
b. $640,000
Explanation:
The computation of the ending inventory using the periodic inventory system is as follows:
But before that the ending inventory units is
= Beginning inventory units + purchased units - sold units
= 400 + 800 + 1,200 + 800 - 3,000
= 200 units
Now the ending inventory is
= 200 units × $3,200
= $640,000
hence, the ending inventory using the periodic inventory system is $640,000
Therefore the correct option is B
Answer:
The answer is: $70,000
Explanation:
Economic profit is defined as the difference between the accounting profit earned from selling products or services and the opportunity costs (or implicit costs).
The formula used to calculate economic profit is:
accounting profit - implicit costs = economic profit
were accounting profit = total revenues - explicit costs
($400,000 - $200,000) - $130,000 = $70,000 Lashondra´s economic profit