Answer: $1,175,000
Explanation:
Cost of ending inventory December 31, 2021;
= December 2019 ending inventory + {(Inventory at 2021 price/2021 index * 2019 index) - December 2019 ending inventory} * 2021 index / 2019 index
= 1,100,000 + {(1,450,000/125 * 100) - 1,100,000} * 125/100
= 1,100,000 + 75,000
= $1,175,000
Answer:
D
Explanation:
In the above scenario, Diane's decision to gather preference information for the product features is an example of her Determining Research Objectives. Thus option D is the right option.
Cheers
Answer and Explanation:
The journal entry to record the flow of cost into department 3 is shown below
Work in Process - Department 3 $555,000
To Work in Process - Department 2 $555,000
(Being the flow of cost into department 3 is recorded)
For recording this we debited the work in process in department 3 as there is a flow and credited the work in process in department 2
The amount is came from
= $100,000 + $125,000 + $150,000 + $50,000 + $60,000 + $70,000
= $555,000
This is the answer but the same is not provided in the given options
<span>there is typically enough medium that is not cleared to show "no reaction"</span>
Answer:
The government can increase spending or decrease taxes.
Explanation:
In order to correct recessionary gap, the government can adopt expansionary fiscal policy. The government can increase spending, it will increase production, employment and aggregate income.
The other tool that the government can use is taxes. The government can decrease the tax rates. This will cause the disposable income of the consumers to increase. This will further cause the consumer spending to increase. As a result, production, employment, and aggregate demand will increase.