Answer:
$54,545
Explanation:
Step 1: Calculate the GDP
1 trillion = 1000 billion
$17.4 × 1000 = $17400 million
The GDP of the U.S. is 17400 million dollars
Step 2: Calculate the per capita GDP
GDP = 17400 million
Number of people = 319 million
Divide total GDP to number of people
The United States in 2014 was roughly 54,545 dollars.
Answer:
Required that firms could no longer employ investment bankers to sell securities to the public
Explanation:
Required that firms could no longer employ investment bankers to sell securities to the public
Answer:
Fixed costs= $42,700
Explanation:
Giving the following information:
A firm expects to sell 25,900 units of its product at $7 per unit.
Pretax income is predicted to be $60,900.
Unitary variable cost= $3
<u>The pretax formula is:</u>
Pretax income= total sales - total variable cost - total fixed costs
<u>We have to isolate the fixed cost:</u>
Fixed costs= total sales - total variable cost - pretax income
Fixed costs= 25,900*(7-3) - 60,900
Fixed costs= $42,700
First find the amount of direct labor cost by subtracting the amount of indirect labor cost from the amount of factory labor cost
Direct labor cost is
600,000−140,000=460,000
The amount of overhead debited to work in process inventory should be
460,000×0.7=322,000
Answer 322000