Answer:
Net income -$39,713
Explanation:
The computation of the net income is shown below:
Sales $174,442 {6,200 × (1 - 2%) × $29 × (1 - 1%)}
Less:
Variable cost $68,841 {6,200 × (1 - 2%) × $11 × (1 + 3%)}
Fixed cost $87,870 {$87,000 × (1 + 1%)}
Depreciation expense $68,000
Earning before interest and taxes - $50,269
Less: Income tax expense at 21% -$10,557
Net income -$39,713
We simply deduct all the expenses from the sales revenue so that the net income could come
Answer:
C) give no consideration at all to a job applicant’s race or gender
Explanation:
Affirmative action is a policy to encourage equal opportunity
and to level the playing field for groups of people who have been and
are discriminated against. According to the Equal Employment
Opportunity Commission, affirmative action "is considered essential to
assuring that jobs are genuinely and equally accessible to qualified
persons, without regard to their sex, racial, or ethnic
characteristics."
Answer:
1. The cost of a hard drive installed in a computer. DIRECT MATERIAL COST.
The business of the company is to make computers so when it comes to hard drives, these are fundamental parts of a computer so they will be classified as direct materials since they are directly involved in the production process.
2. The cost of advertising in the Puget Sound Computer User newspaper. SELLING COST.
Advertising is done to be able to sell gods and services so it will fall under selling costs.
3. The wages of employees who assemble computers from components. DIRECT LABOR COST.
The labor cost of those that are involved in the direct manufacture of the computer will be considered direct labor as they are directly involved in the production process.
4. Sales commissions paid to the company’s salespeople. SELLING COST.
Sales commissions are paid to encourage the salespeople to sell more so this is a selling cost as it is incurred to increase sales.
Answer:
Comparative Advantage
Explanation:
The assumption of Comparative Advantage theory is that there is no barrier.
It is explained in the model that if each country focuses on what it does best relatively then both countries together can produce more of each good/service using all their labor.
Then they can trade with each other and benefit. (To trade they must produce what the other need)
