Answer:
<u>Part 1 Determine the cost of the goods sold for each sale</u>
November 10 :
90 units × $ 39 = $3,510
November 20 :
30 units × $ 39 = $1,170
80 units × $ 40 = $3,200
Total Cost = $4,300
November 24 :
45 units × $ 40 = $1,800
<u>Part 2 The inventory balance after each sale</u>
November 10 :
30 units × $ 39 = $1,170
November 20 :
60 units × $ 40 = $2,400
November 24 :
15 units × $ 40 = $600
Explanation:
First in First Out Method is build on the premise that inventory bought in first will be the first to be sold.
Answer:
$8,000
Explanation:
With regards to the above information, the expected cost of rent in August is $8,000. This is because the $8,000 is fixed in total.
We know that fixed costs are those costs that do not vary with the level of output. Invariably, it means they remained the same as activity level or output changes.
Although, production increases to 6,000 units in August from 4,000 candy pounds of candy that are expected to be produced in March, yet, the fixed cost of $8,000 would remain the same whether or not production increases or decreases.
Answer:
East Asia's accomplishment in accomplishing a high development rate is a miracle.The example of overcoming adversity centers around outside trade,savings of government and above all in teaching young men and young ladies so that by accomplishing high education level they can accomplish high financial growth.East Asia likewise have a high PPP(Purchasing Power Parity)which helped them to accomplish high growth.Countries like China and Japan are putting more in colleges.
Fare - situated methodology assumes a significant job being developed of East Asia.Many nations like Japan,Taiwan,China moved to send out polocies to cultivate high econmic growth.Of course,open exchange will be a significant development driven motor and the creating nations will considered it as a most significant weapon in accomplishing growth.Thus,industrialisation is a significant rebound for East Asia to accomplish high financial development.
Therefore,industralisation,openness to trade,educational accomplishment and import-send out approaches helped East Asia to accomplish high econmic development.
(b)We know the idea of 'theory of unavoidable losses or Total Factor Productivity.It states that at one point including one extra factor of creation brings about a lessening increment in output.For example,if we utilize laborers to fabricate an item then at a specific level the creation is steady and by utilizing more,the yield decreases.So we can say that the given articulation is valid.
TFP is a significant factor for high development rate.East Asian nations have accomplished a high growth.Most of this is from factor accumulation.East Asia TFP can't and along these lines the nations lost their normal development achievement.High monetary development brings about low TFP.
Answer:
Which of the following situations would be considered cyclical unemployment?
B-D
Explanation:
D. A worker on the assembly line at Ford is laid off due to a drop in car sales brought on by a weak economy.
B. A recent college graduate cannot find a job anywhere, despite excellent qualifications. The news media report that there are not enough jobs to go around in the economy.
Answer: The same as the industry's demand curve
Explanation:
The demand curve faced by a non discriminating pure monopoly is same as the industry demand curve as, the monopoly facing the demand curve of the industry in the form of the downward sloping demand curve so that the monopolist increased its output demand. A non discriminating monopolist determined the demand curved and ultimately determined the price which are willing for pay.