The changes in GDP reflects on the changes in the amounts being produced because the real GDP is an inflation adjusted measure of GDP.
<h3>What is a
GDP?</h3>
GDP means the gross domestic product which is the monetary value of all domestic goods and services produced in a particular year.
Hence, the changes in GDP reflects on the changes in the amounts being produced because the real GDP is an inflation adjusted measure of GDP
Therefore, the Option A is correct.
Read more about GDP
<em>brainly.com/question/1383956</em>
The journal entry to be made to accrue wages expense at September
30 would be:
(Computation for the accrued salaries: 35,000/5 = 7,000 x 3
= 21,000)
Debit
Salaries and Wages Expense 21,000
Credit
Salaries and Wages Payable 21,000
At the next payday which is October 2, the entry would be:
Debit
Salaries and Wages Payable 21,000
Salaries and Wages Expense 14,000
Credit
Cash 35,000
Answer:
Direct material cost = $112,000
Explanation:
<em>Pre-determined overhead absorption rate rate = Estimated overhead for the period / estimated direct material cost</em>
Pre-determined overhead absorption rate rate (OAR= 75% of direct material cost
Applied overhead = OAR × direct material cost
Applied overhead = 75% × direct material cost
Let direct material cost be represented by y
84,000= 75% × y
y = 84,000/75%= 112000
Direct material cost = $112,000
Answer:
$85,260.
Explanation:
The Pound industries customer service department incurs $203,000 when 7,000 calls were made. The calls allocated to wholesale operations are 2,940 calls. To identify cost per call, we divide total cost by number of calls initiated.
Cost per call = $203,000 / 7000 calls
Cost per call = $29.
Wholesales operations cost = No. of calls for wholesale operation / Cost per call.
Wholesale operations cost = 2,940 calls * $29 / call
Wholesale operation cost allocated amount = $85,260.
Answer:
Comparative advertisements need legal support for their claims and must not misrepresent competing products/brands
Explanation:
Comparative advertisement is also called advertising war. A competitor is named in the advertisement and reasons are given why the competitor's product is inferior to the one being advertised.
In this type of advertisement to prevent adverse legal action the company needs to carry out extensive research to provide legal backing for their claims.
Firms must also not misrepresent the competitor's product as this can lead to legal action.
