Answer: $670,400
Explanation:
Period costs are not included in direct production and in this instance include:
- Variable selling and administrative expense
- Fixed manufacturing overhead
- Fixed selling and administrative expense
Period costs = (12,000 * 4) + 406,400 + 216,000
= $670,400
Answer: Option B
Explanation: In simple words, GDP refers to the market value or the price of goods and services that are produced in an economy within a year. It constituents are consumption, investment , government expenditure and net exports.
The purchase of ticket and new lawnmower is a consumption while the silver cup belongs to some previous year.
Hence the correct option is B .
Answer:
A liquidated damages clause
Explanation:
A liquidated damages clause or provision is included in an agreement specifying an amount of money that establishes the damages that will be recovered by one party in the event of another party's breach to the contract.
Liquidated damages are agreed upon by parties to the contract at the time of signing the agreement.
In this scenario, the provision of $1,000 in the agreement constitutes a liquidated damages clause.
Yes because everybody will want so and so car so the price will rise
