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3 years ago

Policy analysts can estimate the value of a human life through ____.

1 answer:

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Policy analysts can estimate the value of a human life through contingent valuation methods. It is a method use to estimate the value of a good that is placed by a person. It involves asking people to report their willingness to pay or accept in order to have or give up a certain good. It is used to evaluate the economic values of all goods.

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Phil's Dinor purchased some new equipment two years ago for $32,600. Today, it is selling this equipment for $22,000. What is th

Sergio039 [100]

Answer:

Explanation:

The company will pay taxes for the difference between book value and sale value at disposal:

book value after 2 years:

It will be acquisition less accumulated depreciation, which is the sum of the MACRS depreciation rate for this two years

32,600 (1 - 0.20 - 0.32) = 32,600 x 0.48 = 15,648

sales price: 22,000

taxes: (22,000 - 15,648) x .35

6,352 x 0.35 = 2,223.2

after tax cash flow: 22,000 - 2,223.2 = 19,776.8

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3 years ago

Bretthauer Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of July. Prio

skad [1K]

Answer:

a) Manufacturing overhead applied to Work in Process for the month was $70,000

Explanation:

Data provided in the question

The total of the Manufacturing Overhead account = $58,000 i.e incurred

And, the total of credit to the account = $70,000 i.e applied amount

So according to the given data, the manufacturing overhead should be applied to the work in process with the total credit amount i.e $70,000

Hence, the first option is correct

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3 years ago

Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The

soldier1979 [14.2K]

Answer:

A) $2.50 per direct labor-hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Estimated manufacturing overhead = Rent on factory building + Depreciation on factory equipment + Indirect labor + Production Supervisor's salary

= $15,000 + $8,000 + $12,000 + $15,000

= $50,000

And, the estimated direct labor hours is 20,000

So, the rate is

= $50,000 ÷ 20,000

= $2.5 per direct labor-hour

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3 years ago

W.C. Cycling had $55,000 in cash at year-end 2013 and $25,000 in cash at year-end 2014. The firm invested in property, plant, an

Vera_Pavlovna [14]

Answer:

This question requires us to calculate cash flows from operations and net income. Each of them is calculated as follow.

Cash flows from operations

Cash flow from operation comprises of cash generated or spend on core business related purchase and sale. It will be calculated as follow.

Cash from operations = 25,000 - 100,000 =($ 75,000).

Net income

Net income will be calculated using simple cashflow equation given below.

Closing cash balance = opening cashflow + net income + depreciation + cash flow from operations + cash flow investment + cash flow finance

25,000 = 55,000 + net income + 10,000 - 75,000 - 250,000 + 170,000

Net income = 115,000

7 0

3 years ago

Country A has a population of 1,000, of whom 800 work 8 hours a day to make 128,000 final goods. Country B has a population of 2

algol [13]

Answer:

a) Productivity of country A = 20 goods per hour

Productivity of country B = 25 goods per hour

Real GDP per person for country A = 128 goods per person

Real GDP per person for country B = 135 goods per person

b) Country B is better off

Explanation:

Data provided in the question:

For country A

Population = 1,000

Number of workers = 800

Number of working hour per day = 8

Final goods = 128,000

For country B

Population = 2,000

Number of workers = 1,800

Number of working hour per day = 6

Final goods = 270,000

Now,

(a) The Productivity is given as

= [ Total Output ÷ Total Productive Hours ]

Thus,

Productivity of country A

= [ 128,000] ÷ [ 800 × 8 ]

= 20 goods per hour

Productivity of country B

= [ 270,000 ] ÷ [ 1800 × 6 ]

= 25 goods per hour

and,

Real GDP per person = [ Final goods ] ÷ [ Population ]

Real GDP per person for country A

= 128000 ÷ 1000

= 128 goods per person

Real GDP per person for country B

= [ 270000 ] ÷ 2000

= 135 goods per person

(b) Since,

The Real GDP per person for country B is greater than the Real GDP per person for country A

Therefore,

Country B is better off

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3 years ago