Answer:
55,000 Credit balance
Explanation:
Mango Company
Predetermined overhead rate /Estimated overhead cost
= $600,000 / $300,000
Estimated direct labor cost = 200%
Applied overhead :
=Actual direct labor cost of $335,000 × 200%
= $670,000
Overhead incurred-Overhead applied
$615000 – $670,000
=$55,000
Therefore At year-end, the balance in the Factory Overhead account is a: credit of $55,000
Answer:
Explanation:
Keynesian Economics focuses on using active government policy to manage aggregate demand in order to address or prevent economic recessions.
Keynes developed his theories in response to the Great Depression, and was highly critical of classical economic arguments that natural economic forces and incentives would be sufficient to help the economy recover.
Activist fiscal and monetary policy are the primary tools recommended by Keynesian economists to manage the economy and fight unemployment.
Answer:
False
Explanation:
If Carl represents a marketing channel intermediary company and gets paid a commission for finding business buyers and linking them up with the manufacturers, negotiating, and facilitating the transactions and His company does not assume the title of the goods as a result of the transactions; Carl represents a company that is best described as Agents and Brokers.
<u>Agents and Brokers are middlemen called channel intermediaries who act as 'go between' to bring buyers and sellers together.</u>
<u>A broker represents the buyer while Agents represents the seller companies. Hence in the case of Carl, he is more aligned to being an Agent of the manufacturing companies</u>
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When considering the presentation of a retail store, The elements that largely contribute to the visual experience for a consumer are the store layout and atmosphere. This is further explained below.
<h3>What is a retail store?</h3>
Generally, a retail store is simply defined as a store that is normally owned and operated by a retailer but can also be owned and operated by someone whos not a retailer and sells items primarily to end-users.
In conclusion, The retail store aims to look good as it is the last link to the consumer.
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Answer:
The correct answer is b. Increasing a nominal quantity by an amount equal to the percentage change in a price index.
Explanation:
Indexing consists of<em> adjusting</em> prices according to the changes of a particular index. It looks to create a <em>protective shield</em> against sudden fluctiations of the indicator, when affecting one or multiple segments of an economy. Nominal quantities go up or down and are adjusted proportionally according to the index to keep the purchasing value of money stable through time.