A(n) ________ is a group of countries that have agreed to coordinate trade policies and ease restrictions on the flow of products and capital across members' borders
A) monopoly
B) free trade zone
C) economic community
D) oligopoly
E) economic infrastructure
C
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On January 1, 2017, Doyle Manufacturing Corporation purchased a machine for $40,000,000
The corporation expects to use the machine for 24,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $40,000. The corporation used the machine for 3,600 hours in 2017 and 5,000 hours in 2018. Calculate depreciation expense for 2018 if the company uses the units-of-production method of depreciation. What will be an ideal response
Groot Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances
Groot has four public relations specialists plus an office staff. At the beginning of the year, Groot estimated the total cost of salaries and benefits for the public relations specialists at $675,000 and a total of 7,500 billable hours for the year. All remaining office and administrative costs were estimated at $405,000. The allocation base for office and administrative costs is billable hours. In June, Groot signed a contract for a Russian ballet performance. It estimated the new contract would require 34 hours of specialist time. What is the total cost estimate for this contract? A) $1,836 B) $4,896 C) $3,060 D) $1,224