Answer:
$14,900
Explanation:
not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.
Here,
Investment Fair value (end of year)
Stock A (100 shares) $51
Stock B (200 shares) $49
Stock A = (100 * 51) = $5,100
Stock B = (200 * 49) = $9,800
Total Investment fair value at end of year = $14,900
$14,900 will be the amount reported in stock investments in the year-end statement of financial position.
Answer:
Unlike tariffs, quotas do not generate government revenue unless importers are charged a licensing fee.
Tariffs always generate revenue for the government, whereas a quota's revenue is uncertain.
Explanation:
Quotas are a condition for performing certain activity, that if you fall under the quota then only you can do that activity.
Thus, when the quotas are there then they do not provide any revenue to government, unless it is in the form of license requirement for which the user needs to pay.
Tariffs are the charges imposed by the government to do certain act.
Therefore, it clearly states that there will always be revenue on the point where there is these transactions that is Tariffs.
Answer:
Actual manufacturing overhead = 195%
Budgeted manufacturing overhead rate = 180%
Explanation:
The computation of actual and budgeted manufacturing overhead rates for 2017 is shown below:-
Particulars Budgeted for 2017 Actual result for 2017
Direct material
cost $2,250,000 $2,150,000
Direct manufacturing
labor costs $1,700,000 $1,650,000
Manufacturing overhead
costs $3,060,000 $3,217,500
Actual manufacturing
overhead 195%
Budgeted manufacturing
overhead rate 180%
Therefore for computing the actual manufacturing overhead we simply divide the manufacturing overhead cost by direct manufacturing labor cost of actual result for 2017 while for computing the budgeted manufacturing overhead rate we simply divide the manufacturing overhead cost by direct manufacturing labor cost of budgeted for 2017.
The answer to this question is False.
<span>Free trade is an international trade (import and export)
that has no restrictions and tariffs. Free trade has the following benefits it
will increase exports, free trade will increase competition in the market, it
can reduce tariffs, it can help a country make use of surplus raw materials,
and it will increase economic welfare. </span><span> </span>
