Answer:
A
Explanation:
in this question, we are to select from the options which is the correct answer.
Option A is the correct answer
The Fed can only soften the magnitude of recession, not eliminate them
This is because the fed introduced monetary policy and it’s only implemented to offset the effect so he would be able to relax the effect of recession and high expansion it only suggest mid way to offset the effect of low and high economic activities.
Answer:
d) $38,000 Debit balance.
Explanation:
Predetermined overhead rate = Estimated Total Overhead Costs / Estimated Direct Labor Costs
= $472000 / $2,360,000
= 0.2
= 20% of direct labor costs.
Applied overheads = (20%*Actual direct labor costs)
Applied overheads = 20% * $1,980,000
Applied overheads = $396,000
So, Overhead under-applied = $434,000 - $396,000 = $38,000 (Debit)
Answer:
Instructions are below.
Explanation:
Giving the following information:
Each unit of output requires 0.07 direct labor-hours. The direct labor rate is $8.70 per direct labor-hour. The production budget calls for producing 6,000 units in February and 6,500 units in March.
We need to determine the total direct labor hours needed for each month.
February:
Total direct labor hours= 6,000*0.07= 420 hours
Total direct labor costs= 420*8.7= $3,654
March:
Total direct labor hours= 6,500*0.07= 455 hours
Total direct labor costs= 455*8.7= $3,958.5
Answer and Explanation:
Since in the question it is mentioned that the account payable beginning balance is $250,000 and the ending balance of the account payable is $350,000 so here $100,000 different would rise the cash from operations
Therefore the same is to be considered as there is an increase in inflows of cash
So the difference would be rise the cash from operations
