Answer: $3.40
Explanation:
Based on the information given in the question, the materials cost per unit will be calculated thus:
First, we'll calculate the completed units which will be:
= 18500 - 1400
= 17100
Ending inventory = 1400 units
Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)
= 18500 Units
Material Cost Per Unit will be:
= Total Material Cost / Equivalent Production Unit
= $62900 / 18500
= $3.40 per unit
The material cost per unit is $3.40
Answer:
242.65
Explanation:
Data provided in the question:
year 2011 2012 2013
Salary $65,000 $72,000 $76,000
Consumer Price Index 226 230 235
Real Interest Rate 2.5% 2.7% 1.8%
Nominal interest rate for 2013 = 7.3%
Now,
Rate of inflation for 2013 = Nominal rate - Real rate
= 7.3% - 1.8%
= 5.5%
Therefore,
CPI in 2013 = Consumer Price Index in 2012 × (1 + inflation )
= 230 × ( 1 + 0.055 )
= 242.65
Answer:
c. lump-sum taxes are often viewed as unfair because they take the same amount of money from both poor and rich.
Explanation:
To understand this question, you have to first understand what lump-sum taxes are.
Lump-sum taxes are a system of taxes where everybody pays the same amount of tax no matter their economic status, or their actions. Basically, lump-sum taxes take the same amount of money from the rich and the poor, hugely increasing the burden on the poor and lessening that of the rich.
As an example, a lump-sum tax of $100 would require everybody to pay $100. To a person earning, say $120, that would be a huge hit, and be a huge burden on his normal life. However, to a rich person who earns, say, $10000, that would be much more easier for the rich person.
Hence, lump-sum taxes are often viewed as unfair because of the unfair advantage the rich have over the poor in tax-paying.
Hope this helped!
Answer:
There should be defined roles of all the team members and they should know their responsibilities.
Explanation:
Jonas should clearly assign tasks of the project to his team members and each member should be accountable for his task. Jonas should teach his team about the significance of time management and therefore task must be completed before deadlines. Each member of the team must have defined responsibilities and roles.
Answer:
How much may Adrian deduct?
This depends on whether the museum is private or not. If the museum belongs to a public charity or a university, then Adrian can deduct full fair market value = $35,000. Since Adrian's AGI is $80,000, she could donate up to $40,000 (half her AGI).
But if the museum is a private organization, then Adrian can deduct only her basis in the vase = $15,000
How would your answer to Part a change if, instead of displaying the vase, the museum sold the vase to an antique dealer?
Once you donate artwork, unless you strict prohibit the museum from selling it, then they can sell it and you cannot do anything about it. Some donors specific certain terms for their donations, e.g. artwork cannot be sold and it must be exhibited at least a certain amount of time, in certain places, etc. But if Adrian didn't include any clause on her donation, then whatever happens to the vase is up to the museum.
Currently, museums are less likely to accept restricted donations, unless of course the artwork is worth it.
