Peyton earns $1,700 every other week, but only brings home $1,100 due to deductions, what is Peyton’s gross pay?

denis-greek [22]

Answer:

Publicity is part of a company's promotion mix.

7 0

2 years ago

The inventory of Bramble Company on December 31, 2020, consists of the following items. Part Quantity Cost per Unit Net Realizab

Brrunno [24]

Answer:

$462,562

Explanation:

Lower of Cost and Net Realizable Value (LCNRV) records ending inventory at the lowest between purchase costs or net realizable value.

Part Q Cost per Unit Net RV Total

110 620 $121.00 $127.00 $75,020

111 1,080 $76.20 $66.00 $71,280

112 540 $101.60 $97.00 $52,380

113 220 $215.90 $228.60 $47,498

120 440 $260.00 $264.00 $114,400

121 1,400 $20.00 $1.00 $1,400

122 330 $304.80 $298.00 $100,584

Total $462,562

6 0

2 years ago

Manufacturing overhead was estimated to be $250,000 for the year along with 20,000 direct labor hours. Actual manufacturing over

jenyasd209 [6]

Answer:

C. Manufacturing Overhead would be debited for $12,500

Explanation:

Based on the information given to dispose of the balance in the Manufacturing Overhead account the correct entry will be:

Manufacturing Overhead would be debited for $12,500

Calculated as:

First step is to calculate the Predetermined overhead rate

Predetermined overhead rate = $250,000/20,000

Predetermined overhead rate = $12.50

Second step is to calculate the Applied manufacturing overhead

Applied manufacturing overhead =$12.50 *

*19,000

Applied manufacturing overhead= $237,500

Now let calculate Overapplied Manufacturing overhead

Overapplied Manufacturing overhead = $237,500 - $225,000

Overapplied Manufacturing overhead= $12,500 Debited to Manufacturing Overhead

Therefore To dispose of the balance in the Manufacturing Overhead account the correct entry is Manufacturing Overhead would be debited for $12,500

6 0

3 years ago

Which of the following is a basic point that Keynes made about consumption? Question 5 options: Consumption and disposal income

Ugo [173]

Answer:

Consumption is dependent upon disposable income.

Explanation:

John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

In Economics, one of the basic point that John Maynard Keynes made about consumption is that it is typically dependent upon disposable income.

The Marginal Propensity to Consume (MPC) can be defined as the proportion of an aggregate increase in national income that an individual chooses to spend on the consumption of goods and services, rather than saving it.

Additionally, an average propensity to consume (APC) is a measure of the amount of money as a percentage that is being consumed by an individual or household rather than being saved.

3 0

2 years ago

A competitive firm has been selling its output for $20 per unit and has been maximizing its profit, which is positive. Then, the

Lina20 [59]

Answer: c. marginal revenue is higher than it was previously.

Explanation:

Marginal revenue is higher than it was previously.

Marginal Revenue is the additional revenue that is generated by selling one more unit, In a Competitive market Firms are price takers meaning the can only adjust quantity and not the price.

The marginal Revenue equals to the price of a good or service. When Price increases from $20 to $25 ,the Marginal Revenue will be $25 which is higher than it was previously

7 0

3 years ago