Answer:
The statement is: False.
Explanation:
Non-manufacturing costs are those not related to the production process of the company. It implies costs useful for the operations of the firm but does not have an impact on the process of creating a final good. Administrative salaries, office supplies, and depreciation fall into this category.
Absorption costing describes an accounting approach in which all the manufacturing costs are assigned to the units produced.
Thus, as non-manufacturing costs are not related to the manufacturing process, they cannot be allocated within the units of production using the absorption costing method.
Answer: it should be approved only if the unemployment rate is low
Explanation: Unemployment can be defined as the level of joblessness in an economy, often measured as a percentage of the workforce.
Unemployment has a lot of disadvantages both to an unemployed individual, and the Society at large. It leads to poverty. Another is that it leads to depression, low self-esteem, anxiety and other mental health issues, especially if an individual truly wants a job but can't find employment. These are just some of the few disadvantages of unemployment in a society. According to the doctrine of double effect, the outcome of this government can be justified because the outcome is good.
Answer:
a. $2,240
b. $2,880
Explanation:
The computations are shown below:
a. For M1
= Federal Reserve Notes in circulation + Coins in circulation + Checkable deposits
= $700 + $40 + $15,00
= $2,240
b. For M2
= M1 + Savings deposits, including money market deposit accounts (MMDAs) + Small-denominated time deposits + Money market mutual funds (MMMFs) held by individuals
= $2,240 + $140 + $100 + $400
= $2,880
Answer:
The answer is $137500
Explanation:
Solution
Recall that:
Chicks corporation had invested assets of =$1,100,000
Sales of = $1,210,000,
Income from operations resulting to = $302,500
Desired minimum return = 15%
Chicks residual income is =?
Now,
Particulars Amount
Net Income 302500
Less: Minimum Return
(1100000 x 15%) 165000
Residual Income 137500
Therefore the residual income for chicks is $137500
