Night talking time. Everyone allowed!

Ratling [72]

Answer:

Money market accounts

Explanation:

Money market accounts. Certificates of deposit (CDs) Interest checking. Specialty accounts (student savings and goal-oriented accounts, for example)

7 0

3 years ago

What would happen in the market for loanable funds if the government were to increase the tax on interest income?

nalin [4]

Answer:

Interest rates would rise.

Explanation:

There would be a decrease in the amount of loanable funds borrowed.

if the government were to increase the tax on interest income, a reduction in the amount of funds borrowed would happen because the cost of borrowing would then become higher and people would have to pay more than they would have paid for every amount borrowed

5 0

3 years ago

A car manufacturer is considering locating an assembly plant in your region.

igor_vitrenko [27]

Answer: Perception of the society towards this.

Explanation:

When citing an industry or production site in a locality most often capital is required to get this done but in many scenario capital doesn't seems to be the problem, as the location where these industry is aimed to be planted may likely have an issue with the residents of that environment as regards planting the industry. Some times these opposition is done for obvious reasons as regards health consideration which comes with noise and air pollution but some other times there may be unjustifiable reasons for these not to be planted, probably due greed or the community seeks a share in the resources or return in investment when the firm is planted in their resident. This is a complex problem.

A simple problem would be closeness to the market. If the product in question is desired by the residents in that area, even though the manufacturer might want to be exporting but it'll be a big plus if the residents consider his products more than the external environment.

Nimby can defined as when an individual or a group opposes a decision for the citing of infrastructure and industies in their environment, claiming them to be hazardous to the residents of the environment.

This comes into play for the complex decision because if those residing in the environment don't give a "go ahead" for planting of the industry it won't be successful.

5 0

3 years ago

Trek Cycles makes two products: X-1 and X-2. It takes 80,900 direct labor hours to manufacture the X-1 and 93,500 direct labor h

Vera_Pavlovna [14]

Answer:

Predetermined manufacturing overhead rate= $2.15 per direct labor hour

Explanation:

Giving the following information:

It takes 80,900 direct labor hours to manufacture the X-1 and 93,500 direct labor hours to manufacture the X-2 Line.

Total overhead= 225,000 + 149,960= $374,960

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 374,960 / (80,900 + 93,500)

Predetermined manufacturing overhead rate= $2.15 per direct labor hour

6 0

3 years ago

Gundy Company expects to produce 1,200,000 units of Product XX in 2017. Monthly production is expected to range from 80,000 to 1

mariarad [96]

Answer:

$\left[\begin{array}{ccccc}-&units \: cost&V80,000&V100,000&V120,000\\DM&5&400,000&500,000&600,000\\DL&6&480,000&600,000&720,000\\Overhead&8&640,000&800,000&960,000\\Total Variable&19&1,520,000&1,900,000&2,280,000\\Depreciation&200,000&200,000&200,000&200,000\\Supervision&100,000&100,000&100,000&100,000\\Total Fixed&300,000&300,000&300,000&300,000\\Total Overhead&&1,820,000&2,200,000&2,580,000\\\end{array}\right]$

Explanation:

We multiply the variable cost by each volume of production

for example direct materials 5 x 80,000 = 400,000

5 x 100,000 = 500,000

5 x 120,000 = 600,000

<u>Then for the fixed cost:</u>

notice the company expect to produce 1,200,000 units.

If fixed depreciation is $2 per unit then

1,200,000 x $2 = 2,400,000 depreciation per year.

we then divide this value by 12 to get the monthly fixed depreciation

2,400,000/12 = 200,000

Same procedure goes for supervision

1,200,000 units x $1 per unit = 1,200,000 per year

1,200,000/12 = 100,000 per month

Finally we add both, fixed and variable to et total overhead for the relevant range.

4 0

3 years ago