Answer:
Explanation:
Based on the scenario being described within the question it can be said that Evan should advise Jared to withhold the employee's raise, and if the employee does not respond, then her employment should be immediately terminated. This is because the employee is being paid to do certain tasks which she is capable of doing. Neglecting this responsibility must be met with an immediate termination of the employment.
Answer:
<em>Controllable cost variance = </em><em><u> </u></em><em>$51,600. favourable</em>
Explanation:
<em>The controllable cot variance is the difference between the the standard controllable cost for the actual output and the actual controllable cost</em>
$
Standard controllable cost for the output achieved
( $3.80 × 40,000) = 152,000
Actual controllable cost (169,400-69,000) = <u> 100,400</u>
<em>Controllable cost variance </em><em> </em><em><u> 51,600. Favorable</u></em>
<em> </em>
<em>Note that the fixed cost of $69,000 is not a controllable cost, hence it is deducted from the total overhead cost</em>
Answer:
Software development to be recognized = Cost incurred after achievement of technological feasibility = $400,000
Explanation:
Useful life = 4 years
Annual amortization = $400,000 / 4 years = $100,000
Period of amortization in 2016 = July 1, 2016 to December 31, 2016 = 6 months
Year 2016 amortization = $100,000 × 6 months/12 months = $100,000 × 1/2 = $50,000
Answer:
45: $10,000
46: $40,000
47: $20,000
Explanation:
Total fixed cost of Amy =
TFC = yearly fixed cost + 5% of $20,000
TFC = $9,000 + $1,000
TFC = $10,000
Total cost =
TC = Variable cost + total fixed cost
TC = $30,000 + $10,000
TC = $40,000
The total profit she accrued is the difference between the total cost and the money she'd borrowed from her parents.
$40,000 - $20,000 = $20,000
Therefore, the total profit of Amy is $20,000
Answer: 17.5%
Explanation:
The equilibrium will occur where the money demanded equals to the money supplied i.e Ms = Md
From the question, the supply of currency by the Central Bank = 40
Money Supply (Ms) = m × B
where m = Money multiplier = 2.5
Note that the money multiplier can also be equal to 1/rr in situations wherebt the consumers do not hold any currency.
rr = reserve ratio, = 0.4
B = monetary base = 40
Note that the monetary base here is 40.
Since reserve ratio = 0.4, therefore
m = 1/0.4 = 2.5
Therefore, Ms = m × B
= 2.5 × 40
= 100
Thus Money supply Ms = 100.
Money demand(Md) = Y(0.3 - i),
Y = income = 800
i = interest rate
Since (Md) = Y(0.3 - i),
Md = 800(0.3 - i)
Equate the equation for the money demand and money supply together.
Ms = Md
100 = 800(0.3 - i)
100 = 240 - 800i
800i = 240 - 100
800i = 140
i = 140/800
i= 0.175
= 17.5%
Therefore, the interest rate is 17.5%