In 1888, Thomas Adams was the first person to build a vending machine that dispensed chewing gum. The gum, named Tutti-Frutti, was available around New York City subway stations.
Answer
Hi,
Progressive tax assesses a taxpayer’s ability to pay. Higher rates are on the wealthy than on the poor.
Explanation
Those considered poor according to a country’s definition have families who spend larger shares of their income on the cost of living thus all money they earn is needed to afford basic needs thus face a decreased progressive tax. On the other hand, the progressive tax imposed on wealthy individuals decrease their abilities to purchase more luxury items or invest in stock.
Hope this helps!
Contact lists contain more information about a person than an address book. A contact list is a collection of screen names in an instant messaging or e-mail program or online game or mobile phone. a address book is a book for recording the names, addresses, and telephone numbers of friends, businesses.
When the price of a good increases, the quantity demanded decreases. When the price of a good decreases, the quantity demanded increases.
Answer:
$160 overapplied
Explanation:
Icy Mocha company estimates it's factory overhead costs to be $35,000 and machine hours to be 5,000 for a period of one year.
The actual number of hours worked on job 333 and 334 equals a total of 4,980
The actual factory overhead costs are $34,700
The first step is to calculate the predetermined overhead rate
= Overhead costs/machine hours
= $35,000/5,000
= $7
The amount of either over or underapplied factory costs can be calculated as follows
= predetermined overhead rate×actual number of hours worked
= $7×4,980
= $34,860
The amount is then subtracted from the actual overhead costs
= $34,700-$34860
= -$160
= $160 overapplied
Hence the amount of overapplied factory overhead is $160