Answer:
Fixed overhead allocated to ending inventory= $96,000
Explanation:
Giving the following information:
Production= 48,000
Sales= 40,000
Fixed manufacturing overhead= $576,000
First, we need to calculate the unitary fixed manufacturing overhead:
Unitary fixed manufacturing overhead= 576,000/48,000= $12
Fixed overhead allocated to ending inventory= 12*8,000= $96,000
As per the given case, the amount that is added to GDP is $350.
<h3>What do you mean by GDP?</h3>
GDP refers to the measure of all final goods and services that have been bought by the final user produced in the country.
As per the given case, Farmer smith bought seed and fertilizer for $100. He grew wheat that he sold to the wander bread company. Consumers bought the bread from the grocery for $350. Therefore, it was added to the GDP.
So, $350 was added to the GDP.
Learn more about GDP here:
brainly.com/question/15682765
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Answer: True
Explanation: humans have been known to be insatiable. Most often than not when you do the right thing to please someone, it doesn't always achieve the purpose. So humans now have steamed up exhaustion from following the ethical standard that we no longer give a care about our personal integrity, all we want is to appear (even if feigned) to others around us that we are morally and ethically upright.
