Complete Question:
The first two files attached contain the complete question
Answer:
Other file shows a step by step solution as follows
answer 1
answer2 etc
Answer:
The answer is: The unemployment rate will increase
Explanation:
To calculate unemployment rate we use the following formula:
Unemployment Rate = Number of Unemployed People / Labor Force (unemployed + employed people)
To be considered unemployed, a person must be without a job, but actively looking for one.
The unemployment rate (UR) for Xenia would be:
UR = unemployed / (unemployed + part time workers + full time workers)
UR = 500 / 7,000 = 7.14%
Currently there are 2,000 people that are not considered unemployed since they are not working but they aren't looking for a job either. For example, if 500 of those would start looking for job and became unemployed, the new unemployment rate (UR) would be: 1000 / 7,500 = 13.33%.
So if more people start looking for a job, the unemployment rate will increase.
Answer:
There will be a difference in the income .
Absorption costing income will be lower as it transfers all the fixed costs to the ending inventory.
Variable costing income will be higher as it does not transfer the fixed costs to the ending inventory.
The difference will be of $ 104000
Explanation:
Increase in units 8000
Variable Fixed
Unit manufacturing costs of the period $24.00 $10.00
Unit operating expenses of the period 8.00 3.00
Total Unit Costs $ 32.00 $ 13.00
The net operating income under variable costing for the year will be $ 13* 8000= $ 104000 Lower than the net operating income under absorption costing. This is because the all fixed costs will be treated as period cost rather than product costs.
In variable costing the ending inventory will be $104000 lower than the ending inventory under absorption costing because the fixed costs will not be allocated to products.
Under variable costing, the units in the ending inventory will be costed at $32 each.Under absorption costing, the units in the ending inventory will be costed at $32+ $ 13= $ 45 each.
Answer:
For 2021, should recognize compensation expense under the fair value method of $170,500
Explanation:
According to the given data we have the following:
option pricing model determines total compensation expense to be $341,000
Also, The option became exercisable on December 31, 2021, after the employee completed two years of service.
Therefore, in order to calculate the amount should recognize compensation expense we would have to make the following calculation:
amount should recognize compensation expense=$341,000/2
amount should recognize compensation expense=$170,500
For 2021, should recognize compensation expense under the fair value method of $170,500
Answer:
A. $816,000
Explanation:
The formula to compute the net sales is shown below:
= Total sales - sales returned
where,
Sales returned = Total sales × sales return percentage
= $850,000 × 4%
= $34,000
And, the total sales is $850,000
Now put these values to the above formula
So, the value would equal to
= $850,000 - $34,000
= $816,000
