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3 years ago

7

If people lost confidence in the government which money would have the least value flat money representative money commodity mon

ey or the gold standard

2 answers:

Crank3 years ago

8 0

I Think Answer Is Gold Standard

olga55 [171]3 years ago

6 0

Answer:

Flat Money

Explanation:

It is backed by the government.

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Fill in the blanks to complete the sentence. A manufacturing company has budgeted production at 5,000 units for May and 4,400 un

GarryVolchara [31]

Answer:

Direct material purchases in May = 21,670× $10= $216,700

Explanation:

Material purchase budget is determined by adding the closing inventory of material to the material usage budget less the opening inventory.

Material budgets for May will be prepared as follows:

Materials needed for May production = 5,500 × 3 = 16,500

Materials needed for June production = 4,400× 3= 13,200

Closing inventory of raw material in May =60% × June requirement = 60% × 13,200 =7,920

Material purchase budget for February = Usage budget + closing inventory - opening inventory

= 16,500 + 7,920- 2,750=21,670

Direct material purchases in May = 21,670× $10= $216,700

3 0

3 years ago

The gross domestic product (GDP) of the United States is defined as the _________ all _________ _________ in a given period of t

Vilka [71]

Answer:

The gross domestic product (GDP) of the United States is defined as the sum of all goods and services produced in America in a given period of time.

Therefore, options 2, 3, 4 and 5 are included on America's GDP, as all of them are produced in American territory.

Explanation:

Gross domestic product is a macroeconomic indicator reflecting the market value of all final goods and services (intended for direct consumption or use) produced in a year in all sectors of the economy on the territory of the United States, regardless of the nationality of the factors of production used.

Option 1 refers to an American company that produces in Indonesia, therefore its production would be counted for the Indonesian GDP.

All other options refer to goods or services produced in America, therefore they have to be included in American GDP.

7 0

3 years ago

sheridan company had beginning inventory of $12600 at March 1, 2022. During the month, the company made purchases of $54600. The

ANTONII [103]

$52670 is the cost of goods sold for the month of March

<h3>What is cost of goods ?</h3>

The carrying value of goods sold during a specific period is referred to as the cost of goods sold. Costs are assigned to specific items using one of several formulas, such as specific identification, first-in-first-out, or average cost.

The value of a company's cost of goods sold is determined by the inventory costing method used. When recording the level of inventory sold during a period, a company can use one of three methods: The average cost method, first in, first out (FIFO), and last in, first out (LIFO)

If COGS rises, net income will fall. While this change is advantageous for income tax purposes, the business will generate less profit for its shareholders. Businesses thus try to keep their COGS low so that net profits will

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7 0

2 years ago

Tennis rackets can be purchased for $60 each from an outside vendor. it costs the manufacturer $80 a piece to produce them, of w

Sliva [168]

The rest of your question:

unavoidable fixed overhead cost. What are the relevant costs for this decision? Based only these costs, which option should the company <span>choose?
The answer:
Relevant cost to make and Buy.</span>

6 0

3 years ago

Communities and countries with greater income inequality tend to have higher rates of crime and higher rates of drug use. These

aksik [14]

False Communities and countries with greater income inequality tend to have higher rates of crime and higher rates of drug use. These relationships are examples of positive correlations

<h3>What is income?</h3>

Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.

Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.

Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.

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7 0

1 year ago