Answer:
Langer Company
Direct Materials Purchases Budget
For July, August and September
July August September Total
Units to be produced 3500 4400 4900 12800
Direct materials per unit (ounces) 15 15 15 15
Production needs 52500 66000 73500 192000
Desired ending inventory (ounces) 19800 22050 28350 28350
Total needs 72300 88050 101850 220350
Less: Beginning inventory 15750 19800 22050 15750
Direct materials to be purchased (ounces) 56550 68250 79800 204600
Cost per ounce $0.08 $0.08 $0.08 $0.08
Total purchase cost $4,524 $5,460 $6,384 $16,368
It is false that the market rate is used to calculate the actual cash payments made to bondholders rather it is the economic price for goods and services that is offered for them in free market or market place. It is also called a going rate, the market value or market price are equal only under conditions of market equilibrium and rational expectation.
Answer:
The answer is: B) The statement is false. A decrease in the price of digital cameras would decrease the demand for non-digital cameras, but a decrease in the price of non-digital cameras would not cause the demand for non-digital cameras to decrease.
Explanation:
Suppose we are not currently living in 2019, instead we are back 12 years to 2007 (before the iPhone). Back then , digital cameras were still used by common "unprofessional" users. Digital cameras were an improvement compared to non-digital cameras, so the price of non-digital cameras were much lower than their digital counterparts.
If the price of digital cameras decreased, then the price of non-digital cameras would decrease also. For example, if luxury car companies like Mercedes Benz started selling sedan cars for $20,000, Ford and Chevrolet would be forced to lower the price of their cars since they wouldn't be able to compete with MB at the same price.
But a decrease in the price of non-digital cameras would never decrease their demand. Something else would have caused that decrease. Probably digital cameras became so cheap that everyone could afford one and since they were so much better than non-digital cameras, people simply stopped buying non-digital cameras.
Answer:A product that is not an object or something that is owned is called a non-economic good.
Explanation:
A product that is not an object or something that is owned is called a non-economic good.
Answer:
LLC liabilities are included as part of member's tax basis while S corporation liabilities are not.
Tax rules favors LLCs.
Explanation:
LLC liabilities are included as part of a member's tax basis while S corporation liabilities are not included in an S corporation shareholder's tax basis other than loans from the shareholders.
This distinction is important because the amount of loss a member or shareholder may deduct is limited to his or her tax basis in either his or her LLC interest or shares. Thus in this particular regard Tax rules favors LLCs.
