Economic growth is best defined as an increase in: wealth in the economy. nominal gdp. either real gdp or real gdp per capita. total consumption expenditures.

BE9.6 (LO 3), AP For Roche Inc., variable manufacturing overhead costs are expected to be $20,000 in the first quarter of 2020, with $5,000 increments in each of the remaining three quarters.

A monopoly A. doesn't lose any sales when it raises its price. B. must have a patent to protect its products. C. produces the market output. D. is a price taker.

The diamond market is monopolized by the debeers organization, from mining to cutting and polishing to wholesaling. jewelers can do little to negotiate prices. this situation typifies

On January 1, Puckett Company paid $1.71 million for 57,000 shares of Harrison's voting common stock, which represents a 40 percent investment. No allocation to goodwill or other specific account was made.

The following information is known for the month of December: Purchases of supplies during December total $4,500. Supplies on hand at the end of December equal $3,500. No insurance payments are made in December. Insurance cost is $2,000 per month.

Assume that total costs assigned to the setup activity cost pool in March are $120,000 and 100 setups were completed in March. Further, assume that during March machines were setup 20 times to make product X5.

The accounting cycle starts with a. closing out the periodic accounts. b. recording the transaction based on the information in a source document. c. preparing the financial statements. d. preparing the adjusting entries.

Ratemakers at ABC Insurance Company calculated the pure premium to be $280 for a risk they were considering insuring. What is the gross rate for this risk, assuming a 30 percent expense ratioA) $364 B) $400 C) $430 D) $520

When plant assets are purchased as a group in a single transaction for a lump-sum price, the cost of the purchase is allocated among the different types of assets acquired based on their relative market values. true or false

What are the security and management issues concerning virtual offices, especially hooked up into large virtual networks?