Answer: 10-20%
Explanation: A contingency factor is anything you can't predict accurately or forecast in the future. In order to cover currency fluctuations when services are done in local currency, contingency cost of 10-20% over basic cost estimate is advisable.
Yes I do believe that but not in all men tho some are different
Answer:
c) In-kind transfers do not add to people's incomes but are counted as income.
Explanation:
In the given scenario the aim of the census is to measure income inequality in the population selected.
If however the amount of income earned by individuals is not estimated accurately the results of the study will be inaccurate.
In kind transfers are usually goods and services that a person gets for free of at a reduced rate. They are not considered to be income.
When in kind transfers are counted as income and do not actually add up to income, we cannot get a true picture of income of participants of the income survey.
People who have low income but high in kind transfers will be considered high income earners which is not true.
Answer
Answer is c) $73000.
Explanation:
Raw material purchase = Ending material+Material used-Beginning material
= 40000+63500-30500
Raw material purchase = 73000
So answer is c) $73000
Based on the costs incurred by the company such as factory rent, factory utilities, and miscellaneous factory costs, the journal entry would be a debit to <u>Manufacturing Overhead. </u>
<h3>What are factory costs debited to?</h3>
When costs are incurred in a factory or production plant, their classification would depend on whether they were directly related to production or not.
Costs like factory rent, utilities and miscellaneous factory costs, are not directly related and so are classified as Manufacturing overhead which is the account they will be debited to.
Find out more on manufacturing overhead at brainly.com/question/13312583
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