Answer:
The economic incentive was to produce enough to meet the output target, without regard for quality or cost.
Explanation:
As the only condition for the payment to the producers is linked with the output thus there is no constraint for the quality and the sales of the product. This indicated that the producer will get the reward irrespective whether the quality or cost of the product is feasible or not.
Answer:
Option d (economy of the country) is the appropriate answer.
Explanation:
- Along with many other things, the economy of such a given country is regulated by its society, rules, history, as well as geography, and then it develops out of requirement.
- This example better shows the operational effects of the country's economy although inflation continues threatening the position due to certain external causes and leading to a decrease in present value.
Some other options offered aren't relevant to the situation described. For the aforementioned to be the right answer.
State law in Texas posits that local sales tax cannot be more than<u> 2%</u> of the value of sale.
<h3>What does Texas state law say?</h3>
Texas state law allows for counties to charge sales taxes on goods and services sold in those areas.
They however limit the amount of taxes that can be paid to 2% so as not to overburden consumers who will have to bear the tax burden.
In conclusion, this is 2%.
Find out more on local sales taxes at brainly.com/question/802898.
Olivia Johnson makes $125,000 a year as an exempt employee. if Olivia was paid on a biweekly basis her gross pay would be $ 5208.33.
<h3>What do you mean by Gross pay?</h3>
Before any deductions are done, a person's gross pay is their total earnings for a specific time period. Deductions such as mandated taxes and Medicare contributions, as well as deductions for company health insurance or retirement funds, are not taken into account when calculating gross pay. The gross pay definition differs from the net pay definition in that it does not include an individual's take-home pay.
The formula to calculate gross pay is mentioned below:
Net pay plus taxes and deductions equal gross pay.
To know more about Gross Pay, visit:
<u>brainly.com/question/14690804</u>
#SPJ4
Answer:
$2,450 ; $1,430
Explanation:
The computation of the ending inventory using the periodic inventory system is shown below:
Under FIFO method
= 245 units × $10
= $2,450
We take the last units in this FIFO method
Under the LIFO method
= 205 units × $6 + 40 units × $5
= $1,230 + $200
= $1,430
We take the first units in this LIFO method
Hence, the closing inventory is come
