Answer:
d. Supply is perfectly elastic.
Explanation:
Perfectly elastic supply is when a change in price causes supply to fall to zero.
The supply curve is usually an horizontal line.
I hope my answer helps you
Answer:
c. $480,000
Explanation:
Cost of goods manufactured $
Direct materials used 120,000
Direct labor 200,000
Manufacturing overhead 150,000
Beginning work in process 20,000
Ending work in process <u> 10,000 </u>
Cost of goods manufactured <u> 480,000 </u>
So, Correct option is c. $480,000
Answer:
Cash Interest payable on Bond = $399,000*4.5% = $17,955
Discount to be amortized = ($399,000-$394,000)/20 = $250
Interest expense = $17,955+$250 = $18,205
Date Journal Entry Debit Credit
Interest Expense $18,205
Discount on bonds payable $250
Cash $17,955
B. Formal training that combines classroom instruction with learning on the job.
That's how I've understood it when I took business in high school.
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Among the choices the answer should be Quickly skimming readings and briefly looking at graphics<span>in the readings. </span>