Answer:
A. Managers must balance good economic decisions with socially forward thinking.
Explanation:
Good Finance or bad medicine refers that if you are aware of finance or you have studied the finance subject so you are capable of making the financial decisions which give you the better return at less risk in near future and if you are not aware of finance than it would lead to the worst situation
Therefore the first option depicts the given message i.e making a better balance in the economic decisions with the help of forward-thinking i.e. to be social
Answer:
The value produced by doing your own laundry
The costs of overfishing and other overly intensive uses of resources
The leisure time enjoyed by households
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the income approach sums up all the income earned by factors of production.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
Government spending on building is measured in the calculation of GDP as part of government spending.
Services rendered to ones self is not included in the calculation of GDP. So, the value produced by doing your own laundry is not included in GDP.
The effects of externality and pollution aren't included in the calculation luation of GDP. So, the costs of overfishing and other overly intensive uses of resources.
Enjoyment isn't added in the calculation of GDP.
Other items and activties not included in the calculation of GDP include:
A. Illegal activities
B. Transfer payment by government
C. Intermediate goods
I hope my answer helps you
Answer:
lean production means the management in which cutting out waste but the quality is maintained. this is helpful in reducing costs .
Answer:
The cost of direct materials used for the current year is $132,800
Explanation:
For computing the cost of direct material used, we have to use the formula which is shown below:
= Opening balance of raw material inventory + Purchase of raw material - ending balance of raw material inventory
where,
Opening balance of raw material inventory is $8,700
Purchase of raw material is $133,000
And, the ending balance of raw material inventory is $8,900
= $8,700 + $133,000 - $8,900
= $132,800
The remaining information which is given is irrelevant. Therefore, it is ignored.
Hence, the cost of direct materials used for the current year is $132,800
