Answer:
The Journal entries are as follows:
(i) Manufacturing Overheads Account Dr. $900
To Accumulated Depreciation $300
To Cash account $100
To Utilities payable $500
(To record the expenses incurred)
(ii) Work in process inventory A/c ($1.50 × 450) Dr. $675
To Manufacturing Overhead $675
(To record the allocation of overhead at the predetermined rate of $1.50 per machine hour)
Answer:
The correct answer is option B.
Explanation:
The new growth theory states that economic growth can be achieved by increasing the level of the knowledge capital of firms. To increase the knowledge capital the government can adopt certain policies.
All the policies mentioned here except the second one will help in increasing the level of knowledge capital. Providing scholarships, providing research grants, increasing resources spent on assisting companies to enforce their patents all will help in promoting research and development and increasing the knowledge base.
Answer:
a) Consumption = $1,800
b) Imports = $1,200
c) Exports = $1,000
d) Net Export = -$200
e) GDP = $1,670
Explanation:
Consumption is the purchase of a domestic company.
Consumption = 670 + (40 × 30)
= 670 + 1,200
= $1,800
There no investment or government purchases, therefore they are zero "0"
Imports: the amount spent on purchases of foreign goods.
Imports = Quality of orders × Price
= 40 × 30
= $1,200
Exports: the amount spent by foreigners on domestic goods
Exports = Quality exported × Price
= 200 × 5
= $1,000
Net exports = Exports - Imports
= 1,000 - 1,200
= -$200
Gross Domestic Product = C + I + G + (X - M)
GDP = 1,870 + 0 + 0 + (1,000 - 1,200)
= 1,870 + (-200)
= 1,870 - 200
= $1,670
<span>line chart is the best candidate for emphasizing sales trends over a period of 6 months. A line graph provides several benefits compared to other data representation methods such as a bar or pie chart.The timeline for a tracked event can easily be plotted along an x/y axis.</span>