Answer:
$124,700
Explanation:
Indirect labor budgeted is $57,000
Factory supervision is $65,000
The normal capacity is 142,500
Direct labor 145,000
Therefore the flexible budget can be calculated as follows
= 57,000+65,000/142,500
= 122,000/142,500
= 0.86
0.86×145,000
= 124,700
Hence the flexible budget is $124,700
Answer:
B. Purchasing inventory on account
Explanation:
The Purchase of inventory on account is not recorded when the cash basis of accounting is recorded but where as it is recorded when accrual basis of accounting is used.
Answer:
c. transactions involving foreign investment in the United States and U.S investment abroad.
Explanation:
The capital account provides the record of foreign investment transactions occurring between a country and another country. It gives an idea of money coming in and out of the state. A surplus in the capital account record is indicative of the inflow of money in the country, while a deficit indicates the loss of money.
Debt accrued by a country, banking, loans and investment are all reflected in the capital account record. So, for a person to determine a nations assets and liabilities, the capital account would provide an accurate insight to that information.
Answer:
wages cannot adjust downward quickly and easily.
Explanation:
In a situation where the macroeconomy is experiencing a higher than the natural rate of unemployment, it must be because "wages cannot adjust downward quickly and easily."
Given that wages are arguably the most significant aspect to entice employees or people to work and get paid. Hence, where the wages are not enough to cause for the employees, there tends to be a situation where wages cannot adjust downward quickly and easily. And therefore, people would not want to work where there is low pay, and eventually, unemployment increases.
Answer:
In the transfer of rights, Taylor is an assignor
<u>Explanation:</u>
An assignor is an individual, organization, or other substance that moves rights that they hold to another element. The assignor transfers to the trustee. For instance, a group the assignor that goes into an agreement to sell a bit of property can dole out the returns or advantages of the agreement to an outsider (the chosen one, for example, philanthropy or a trust.
The task of rights regularly happens upon death to deal with the perished home, or through an intensity of lawyer to manage lawful or budgetary undertakings of a person.
