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Answer:
MASTER
Explanation:
Apparently it says to write it so that's is what I did is there anything wrong about that bye
In the united states, business cycles have happened against a backdrop of a long-run trend of rising real GDP.
<h3>What is Gross Domestic Product?</h3>
Gross domestic product (GDP) is a monetary indicator of the total market value of all the finished products that nations produce over a given time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is. The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).
Economic activity goes through periods of boom and then contraction during business cycles. Both the general welfare of society and the welfare of private entities are affected by these developments. Business cycles are a sort of variation that may be found in the overall economic activity of a country. A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions).
Hence, In the united states, business cycles have happened against a backdrop of a long-run trend of rising real GDP.
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Answer:
The predetermined overhead rate for the recently completed year was $25.33
Explanation:
The formula to compute the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
where,
Total estimated manufacturing overhead = Estimated total fixed manufacturing overhead + estimated variable manufacturing overhead rate × estimated labor hours
= $1,230,440 + $3.12 × 55,400 hours
= $1,230,440 + $172,848
= $1,403,288
Now put these values to the above formula
So, the rate would equal to
= $1,403,288 ÷ 55,400 hours
= $25.33
Answer:
$171,360
Explanation:
Given that,
At September 1, 2018, Swifty Co. reported stockholders’ equity = $156,000
Revenues = $37,400
Expenses = $20,000
Purchased equipment = $4,920
Paid dividends = $2,040
Net income:
= Revenues - Expenses
= $37,400 - $20,000
= $17,400
Stockholders’ equity at September 30, 2018:
= Beginning balance + Net income - Dividend paid
= $156,000 + $17,400 - $2,040
= $171,360
Therefore, the amount of stockholders’ equity at September 30, 2018 is $171,360.