Answer:
Explanation:The total cost of job 542 is calculated thus:
Direct labor hours used 75 x $30
Machine hours used is 126 x$1,600
Direct labour hour used is 75 x $30
= $2,250
Machine hours used is 126 x $1,600
= $201,600
Total cost of job 542 is $2,250 + $201,600 = $203,850
Answer:
The correct answer is False.
Explanation:
The law of demand states that a higher price results in a lower quantity demanded, and that a lower price leads to a greater quantity demanded.
An increase in the price of a good or service almost always decreases the quantity demanded of that good or service. Conversely, a price drop will increase the quantity demanded. For example, when the price per liter of gasoline increases, people look for ways to reduce their consumption by combining several chores, moving in a shared vehicle or on public transport, or spending the weekend and vacations in places near their home. Economists call this inverse relationship between price and quantity demanded law of demand. The law of demand assumes that all other variables that affect demand remain constant.
When bonds are issued at a premium which means bonds are issued at more than their par value. This premium amount is amortized over the life of the bond and at the end of the life bond will be equal to the face value.
A bond that's trading at a premium means that its price is trading at a premium or higher than the face value of the bond. For example, a bond that was issued at a face value of $1,000 might trade at $1,050 or a $50 premium. Even though the bond has yet to reach maturity, it can trade in the secondary market. In other words, investors can buy and sell a 10-year bond before the bond matures in ten years. If the bond is held until maturity, the investor receives the face value amount or $1,000 as in our example above.
A premium bond is a bond trading above its face value or costs more than the face amount on the bond.
A bond might trade at a premium because its interest rate is higher than the current market interest rates.
The company's credit rating and the bond's credit rating can also push the bond's price higher.
Investors are willing to pay more for a creditworthy bond from the financially viable issuer.
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The financial accounts can be of various types depending on their usage. Income statements are mostly used in the hospitality industry. Thus, option D is correct.
<h3>What are income statements?</h3>
Income statements are defined by the reports of the finances that record the income along with the expense of the company over a period of time. It is maintained annually or quarterly.
It can also be a profit and loss statement and is used in the hospitality industry to know the financial performance of the company in a record time. It includes expenses, revenues, and profits.
Therefore, option D. income statements are used extensively in the hospitality industry.
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Your question is incomplete, but most probably your full question was, This is used extensively in the hospitality industry as a means of control because it is results driven.
• Feedback
• Performance appraisals
• Budgets
• Income statements
Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.