Answer: D
Explanation:
We are given a comparison between 'economic growth' and 'growth energy consumption' and told that the first increased and the second did not. We are also told that a certain amount of oil is being saved by energy improvements. As it is difficult to infer a likely answer in 'must or could be true' type questions, we'll go over all of the options, the Alternative approach.
A. We have no information on the relative ease of finding new sources of oil. No
B. We have no information on how to reduce oil imports. No
C. We have no information on what caused energy consumption to remain steady. No
D. This is exactly what happened so is true. This is almost certainly our answer, let's go over (Correct )
E. We have no information on the link between development of energy sources and growth. No
(D) is our answer; note that all other answers explicitly added information not in the original passage. This is what you need to watch out for in these types of questions.
Answer:
$347,400
Explanation:
Cost of goods manufactured = Material used in product + Labor costs of assembly line workers + Factory overheads (ie Depreciation on plant+ Property taxes on plant + Factory supplies used) + Opening WIP - Closing WIP
Cost of goods manufactured = $129,100 + $111,300 + $64,600 + $16,000 + $28,700 + $14,500 - $16,800
Cost of goods manufactured = $347,400
Scarcity means that resources are limited and because resources are scarce people must make choices
Answer:
$18,000
Explanation:
Prepare an Accounts Payables Budget
The firm's budgeted payables balance on June is $18,000
