There will be decrease in profit if dropping of sour cream. So that means Keith Inc would lose $4,000.00
Answer:
exports are $15 billion, and imports are $10.5 billion
Explanation:
GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP = Consumption + Investment spending + Government Spending + Net Export
14 billion = 4.5 billion + $3 billion + $2 billion + Net Export
Net Export = $4.5 billion
Net Export = export - import
Net Export is positive so it indicates that exports is greater than imports.
Going through the options, it is only option d that is equal to 4.5 and the export is greater than the import.
I hope my answer helps you
Answer:
It is more convenient to produce the sails in house.
Explanation:
Giving the following information:
Riggs purchases sails at $ 250 each, but the company is considering using the excess capacity to manufacture the sails instead. The manufacturing cost per sail would be $ 100 for direct materials, $ 80 for direct labor, and $ 90 for overhead. The $ 90 overhead includes $ 78,000 of annual fixed overhead that is allocated using normal capacity.
Because there will not be an increase in fixed costs, we will not have them into account.
Variable overhead= 90 - (78,000/1,200)= 25
Unitary variable cost= 100 + 80 + 25= 205
It is more convenient to produce the sails in house.
Answer: The following would the accountant do related to the compilation engagement: <u><em>Issue a compilation report even though review procedures were performed on the engagement.</em></u>
Under Statements of Standards for Accounting and Review Services (SSARS), the accountant decided to perform some analytical procedures.
<u><em>Therefore, the correct option is (d)</em></u>