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2 years ago

Compared to the other classifications of consumer products, shopping products are:_________

1 answer:

8 0

Compared to the other classifications of consumer products, shopping products are: widely available. This is further explained below.

<h3>What are consumer products?</h3>

Generally, Examples of things that fall under the category of consumer goods include food, clothing, and jewelry. Because they must first undergo processing before they can be deemed consumer goods, fundamental or raw elements like copper are not included in this category.

In conclusion, When compared to the other categories of consumer goods, shopping items have the following characteristic: they are easily accessible.

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Schonhardt Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its a

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Answer:

a. $16,500

Explanation:

The computation of the total amount of fixed manufacturing cost is shown below;

= Number of units sold & produced × fixed manufacturing overhead per unit

= 5,000 units × $3.30

= $16,500

Hence, the correct option is a.

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2 years ago

The median annual household income in a certain community of 21 households is $50,000. If the mean income of a household increas

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Answer:

answer is Cannot be determined

Explanation:

given data

household income = $50,000

increases = 10% per year

time = 2 year

solution

as we know that here mean is increase by 10 percentage

but from the mean percentage increase in does not meaning that it will increase median also with same percentage

because median also increase by some percentage if data is move up

but we can not say it will move with same percentage

so here answer is Cannot be determined from given data

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2 years ago

Chase believes that most of his subordinates dislike work and would avoid it if possible. He also believes that his employees ha

Mice21 [21]

Answer: Option B

Explanation: In simple words, theory X refers to the type of management style under which the manager have a perception that his or her subordinates are incompetent employees with less motivation and irresponsible nature.

These managers strictly monitors their subordinates and use aggressive style of management to get work done. Under such management style the delegation of authority and decentralization does not takes place.

Generally, the relationship of such managers with their subordinates are very formal and remains occupied within the firm. Under such management style all the employees have to work by following a predetermined framework and there is very less flexibility in the job.

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3 years ago

Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy’s employer withheld $11,200 of federal in

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Answer:

Tax Due by Jeremy is $218

Explanation:

Step 1: Calculate Jeremy's total Income

$100,000 (Salary) + $6,000 (Interest Income) + $4,000 (long term capital gain)= $110,000

Jeremy's exclusion at this point is 0.

Therefore, Jeremy's Gross income = $110,000, This is also Jeremy's Adjusted Gross Income (AGI).

Step 2: Calculate Taxable Income after deductions.

AGI= $110,000

Deductions from AGI= $23,000 (The greater of standard or itemized deduction).

Qualified Business Income Deductions (QBI)= $0 (Jeremy did not declare any personal business).

Taxable Income= AGI-Deductions- QBI Deductions

= $110,000-$23,000-0

= $87,000

Step 3: Calculate Jeremy's Tax Liability as follows:

Capital Gain is included as part of Gross Income, therefore finding the tax liability will necesitate that the capital gain be deducted and only the taxable percentage be added back.

Jeremy's tax liability = (87,000-4,000) + (4,000 x 0.15)

= ($83,000 x 15.4%) + 600

=$12,818 + 600

=$13,418

Jeremy's total tax Liability= $13,418 - $0 (non refundable tax credit) + 0 (other taxes)

Jeremy's total tax liability = $13,418

The total tax payment made by Jeremy

=(2,000 + 11,200)= $13,200

Therefore the tax due by Jeremy is Total Tax Liability - Tax Payment mande

= $13,418 - $13,200

= $218

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3 years ago

Greg has developed an automobile engine that runs efficiently for up to three hours on a single russet potato. His friends have

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Answer:

Correct option is (a)

Explanation:

For any venture to be successful, it starts with a vision or idea. In this case, Greg is confident that he will be able to convince US Car manufacturers to purchase his fuel efficient car even though his friends were doubtful if his product will be accepted by car manufacturers.

He also had a clear vision as his goal was to make US economy energy efficient. Vision is to have a positive outlook regarding future.

It can be inferred that Greg has both vision and confidence

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3 years ago

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