Answer: A. Middle management
Explanation:
Middle management is known to be a level of management in an organization which play significant role on the overall success of the organization. Middle managers are those in the position of middle management and are accountable for the employee’s performance, effectiveness and productivity. They are responsible for the happenings in their department and give advice and information in order to resolve problems to the employees below them. Thus, middle managers act on the instructions of the top managers.
Answer:
$0.43
Explanation:
Equivalent Units
Labor
% Completion Units
Units Completed and Transferred out 100% 109,500
Ending Work in Process 25% <u>11,800 </u>
Total Equivalent units <u>121,300 </u>
<u />
Particulars Amount
Beginning work in Process 10,700
Cost Added during May <u>42,000</u>
Total cost added during the year <u>$52,700</u>
<u />
Cost per Equivalent unit = Total cost added during the year / Total Equivalent units
Cost per Equivalent unit = $52,700 / 121,300 units
Cost per Equivalent unit = 0.43446002
Cost per Equivalent unit = $0.43
When the money market is drawn with the value of money on the vertical axis, an increase in the money supply shifts the money supply curve to the
right, raising the price level.
What does money market mean?
The money market refers to trading in very short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.
What is the features of money market?
It is market purely for short-term funds or financial assets called near money. It deals with financial assets having a maturity period up to one year only. It deals with only those assets which can be converted into cash readily without loss and with minimum transaction cost
What Is Price Level?
Price level is the average of current prices across the entire spectrum of goods and services produced in an economy. In more general terms, price level refers to the price or cost of a good, service, or security in the economy.
Learn more about price level:
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Answer:
The correct options are:
A. Debit to Factory Overhead
D. Credit to Factory Utilities Payable
Explanation:
The debit entry of the use of utilities in a factory would be recorded in factory overhead since cost of utilities is a not a direct factory cost.
However, the corresponding credit would be in the factory utilities payable as an obligation awaiting payment to be made to the supplier of the service being enjoyed by the factory in order to run on daily basis
<span>An economic system is a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area.</span>
