Answer:
Explanation:
Manufacturing overhead will be calculated as:
= 85% × direct labor cost.
= 85% × $13000
= 0.85 × $13000
= $11050
Direct material = $10,000
Direct labor = $13000
Total cost = Direct material + Direct labor + Manufacturing overhead
= $10000 + $13000 + $11050
= $34050
<span>True. When there is unrest, it makes for an uncertain business climate. Businesses are averse to uncertainty and would not want to invest in nations which are experiencing infighting or other sorts of upheaval. Stability is the key for businesses and organizations to find good trading partners and investments.</span>
Answer: Option (C) is correct.
Explanation:
Correct option: The price level and nominal wages.
According to the classical dichotomy, nominal variables moves proportionately with the quantity of money whereas real variables remains unchanged.
A classical model that is based on the flexibility of prices and wages, conclude that any changes in money supply only affects the nominal variables whereas real variables remains constant. This theory results in the independence of the real variables from any changes in the money supply and nominal variables.
Answer:
C. $23,950
Explanation:
Given the above information, the adjusted cash book balance is computed as:
Adjusted cash balance per books = Cash opening + Collection by bank - Bank charge check printing - NSF check
= $20,200 + $4,880 - $130 - $1,000
= $23,950
Therefore, the adjusted cash balance per books on August 31 is $23,950
