Meadows manufacturing follows the accrual system. an accrual results when and a deferral results when a.$6,000 cash is received before a customer has been billed; $4,500 cash is paid for next quarter's insurance for property. b.$6,000 cash is received before a customer has been billed; $4,500 cash is paid for previous quarter's insurance for property. c.$6,000 cash is received after a customer has been billed; $4,500 cash is paid for next quarter's insurance for property. d.$6,000 cash is received after a customer has been billed, $4,500 cash is paid for previous quarter's insurance for property.

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.