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3 years ago

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?

Business

1 answer:

pashok25 [27]3 years ago

6 0

Answer:

The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.

Explanation:

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Jack wanted a new pair of Nike sneakers that were in sale for 45% off of the original price of $65.

frosja888 [35]

45 percent of 65 is—— 35.75 dollars

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3 years ago

Read 2 more answers

Item11 5 points Time Remaining 50 minutes 11 seconds00:50:11 eBookItem 11 Time Remaining 50 minutes 11 seconds00:50:11 Intermedi

irakobra [83]

Answer: organizations that are in the middle of a series of organizations that distribute goods from producers to consumers.

Explanation:

Intermediaries are the middlemen in the distribution chain that purchases from one party and then sells to another party.

They're the organizations that are in the middle of a series of organizations that distribute goods from producers to consumers. Intermediaries can also hold stock and carry out marketing and logistics functions for the manufacturers.

6 0

3 years ago

Purchase-Related Transactions

QveST [7]

Answer:

Dr merchandise inventory 47,040

Cr Account payable 47,040

Dr Account payable 7,350

Cr merchandise inventory 7,350

Dr Account payable 39,690

Cr Cash 39,690

Dr Account payable 39,690

Dr Purchase discount 810

Cr cash 40,500

Explanation:

Stylon Co. Journal entry

Dr merchandise inventory 47,040

Cr Account payable 47,040

(48,000-(48,000×2%)

Dr Account payable 7,350

Cr merchandise inventory 7,350

(7500-(7500×2%)

Dr Account payable 39,690

Cr Cash 39,690

(47,040-7,350)

Dr Account payable 39,690

Dr Purchase discount 810

(48000-7500)×2%

Cr cash 40,500

8 0

3 years ago

Read 2 more answers

Gene Simmons Company uses normal costing in each of its three manufacturing departments. Factory overhead is applied to producti

kolbaska11 [484]

Answer:

Required A

Part 1

Actual overhead rate = Actual Overheads ÷ Actual hours used

Therefore,

Dep A = $35,640 ÷ 8,100 = $4.40

Dep B = $36,040 ÷ 1,440 = $25.03

Dep C = $38,220 ÷ 1,280 = $29.86

Part 2

Overheads applied = Overhead rate × hours used

Therefore,

Overheads applied = $4.40 × 650 hours = $2,860

Part 3

1. Actual costing delays product costing as the information is only available after the period.

2. Difficult to deal with for fluctuating or seasonal sales as new rates always need to be calculated.

Required B

Part 1

1. Product Costing can be done on time hence price setting can also be done at an earlier stage.

2. Rates are determined consistently for fluctuating or seasonal sales

Part 2

Predetermined overhead rate = Budgeted Overheads ÷ Budgeted hours

Therefore,

Dep A = $380,000 ÷ 95,000 = $4.00

Dep B = $420,000 ÷ 70,000 = $6.00

Dep C = $510,000 ÷ 35,000 = $14.57

Part 3

Overheads applied = Predetermined overhead rate × hours used

Therefore,

Overheads applied for January,

Department A = $4.00 × 8,100 hours = $32,400

Department B = $6.00 × 1,440 hours = $8,640

Department C = $14.57 × 1,280 hours = $18,649.60

Part 4

If Actual Overheads > Applied Overheads, we say overheads are under-applied,

and

If Applied Overheads > Actual Overheads, we say overheads are over-applied.

Therefore,

Department A :

Actual Overheads = $35,640

Applied Overheads = $32,400

Therefore, overheads are under-applied by $3,240

Department B :

Actual Overheads = $36,040

Applied Overheads = $8,640

Therefore, overheads are under-applied by $27,400

Department C :

Actual Overheads = $38,220

Applied Overheads = $18,649.60

Therefore, overheads are under-applied by $19,570.40

Part 5

Department A

Cost of Sales = $3,240

Department B

Cost of Sales = $27,400

Department C

Cost of Sales = $19,570.40

Part 6

Department A

Cost of Sales = $3,240

Department B

Cost of Sales = $27,400

Department C

Cost of Sales = $19,570.40

Explanations :

See the formulas and calculations tied together with the solution above.

Note that :

If Actual Overheads > Applied Overheads, we say overheads are under-applied,

and

If Applied Overheads > Actual Overheads, we say overheads are over-applied.

Also that ,

Balances in the Overheads Account are closed off against the Cost of Goods Sold in the Income Statement.

7 0

3 years ago

Andrew decides to wait until age 65 to begin receiving social security benefits. find the present value of his estimated $26,000

stellarik [79]

We can solve this problem by using the formula for finding the present value given the annuity values. The formula is given as:

P = A * [(1 + i)^n – 1] / i (1 + i)^n

Where,

P = present value of the annuity

A = the annuity value = $26,000

i = interest rate = 0.06

n = number of years = 90 – 65 = 25

Substituting the given values to the equation:

P = 26,000 * [(1 + 0.06)^25 – 1] / 0.06 (1 + 0.06)^25

P = 26,000 * 12.783356183

P = $332,367.26

Therefore the present value of his social security benefits will be about $332,367.26

3 0

4 years ago

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?​

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?