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Goshia [24]
1 year ago
14

Question #10

Business
1 answer:
Scorpion4ik [409]1 year ago
3 0

When there is an increase in taxes and the decreasing government spending during an economic expansion the purpose is to  to slow down aggregate demand and reduce inflation

<h3>What is meant by contractionary government policy?</h3>

This is the tool that the government may use when they want to stimulate the economy. The government may decide to raise taxes, this would have an adverse effect on consumption in a given economy.

Another way they may do this would be through the decrease in the way that the government spends money in the economy.

Read more on contractionary policies here:

brainly.com/question/15201677

#SPJ1

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Which of the following is true about the correlation between salary and job satisfaction? a. Financial perks and benefits always
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As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of So
boyakko [2]

Answer:

Soria Company

Clothing Department

Selling Expense Flexible Budget Report for the month ended October 31, 2017: (Joe Batista)

                                    Budget     Actual      Variance      Comment

Sales in units              10,000      10,000        0                  Neither

Flexed Variable Expenses:

Sales Commission     $2,400     $2,400       0                  Neither

Advertising Exp.         $1,200        $900        $300           Favorable

Travel Expense          $4,000    $4,000        0                  Neither

Free Samples            $2,300     $1,300        $1,000          Favorable

Total Variable            $9,900    $8,600        $1,300          Favorable

Fixed Expenses:

Rent                           $1,700      $1,700         0                   Neither

Sales Salaries            $1,100      $1,100          0                   Neither

Office Salaries            $800        $800          0                  Neither

Depreciation               $400        $400          0                  Neither

Total Fixed               $4,000     $4,000          0                  Neither

Total  Expenses     $13,900    $12,600         $1,300          Favorable

Explanation:

a) Budgeted Variable Costs were flexed as follows:

i) Sales Commission = $1,872/7,800 x 10,000 = $2,400

ii) Advertising Expenses = $936/7,800 x 10,000 = $1,200

iii) Travel Expense = $3,120/7,800 x 10,000 = $4,000

iv) Free Samples = $1,794/7,800 x 10,000 = $2,300

b) The fixed costs could not be flexed as they remain invariable no matter the activity level.

c) Flexible budget is a budget that adjusts or flexes with changes in volume or activity.  It is a more accurate way of assessing performance because it is based on actual volume or activity level unlike a static budget, which remains unchanged.

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3 years ago
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Prepare the journal entry to record autumn company’s issuance of 63,000 shares of no-par value common stock assuming the shares:
mojhsa [17]

The entry for this transaction would be this: 

Land                                1,827,000 

Ordinary shares                       1,827,000 

# 

<span>The market value of the shares on </span>this transaction<span> does not affect the recording of this transaction. If the share has no par value, the stated value should be used. Stated value is a value assigned by the company to its stock for the purpose of accounting and it does not have any relation with the market value of the shares. Since stated value is not given in this problem, we should record the entire amount of the land exchanged in this transaction to the "Ordinary shares" account.</span>

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3 years ago
What does absorb water mean?
Kobotan [32]

Answer:

Absorb water means to suck up or drink in.

3 0
3 years ago
Dobles Corporation has provided the following data from its activity-based costing system: The Assembly Cost Pool has a total co
Harrizon [31]

Answer:

A.  

$95.34 per unit

Explanation:

activity cost pool     total cost(a)       total activity(b)        activity rate

assembly                  $228060         180000 hours             $12.67

processing oders       $34068             1200 orders             $28.39

inspection                   $125560           1720 hours                 $73.00

Cost per activity is obtained by dividing total cost for each activity pool with its respective total activity. Cost per activity is helpful to identify the total cost allocated to each activity.

particulars               expected activity         per activity rate    total cost

assembly                  460 hours                     $12.67                  $5828.20

processing orders    80 orders                      $28.39                 $2271.20

inspection                   10 hours                       $73.00                  $730.00

manufacturing overhead                                                            $8829.40

Manufacturing overhead is the other costs that are neither direct material cost and nor direct labor cost. Here we add the total cost incurred in each cost pool to arrive at manufacturing overhead of $8,829.40. The manufacturing overhead incurred is allocated to each cost pool as per the activity and per activity rate.

manufacturing overhead per unit = manufacturing overhead/total units produced

= $8829.40/420

= $21.02

product cost per unit = direct material per unit + direct labor per unit + manufacturing overhead cost per unit

                                    = $48.96 + $25.36 + $21.02

                                    = $95.34

Therefore, the unit product cost of product D28K is closest to $95.34

8 0
3 years ago
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