a house, duh, clothing can be hung and stored, potato chips are bagged, a magazine is almost useless, but a house needs plants trimmmed and rooms cleaned and taking care of bugs and such
Answer:
$7,650
Explanation:
Calculation for the marginal revenue product of the fifth unit of labor
Using this formula
Fifth unit of Labor marginal revenue product=Fifth Quantity of Output*Marginal Revenue
Let plug in the formula
Fifth unit of Labor marginal revenue product=1,530 *$5
Fifth unit of Labor marginal revenue product=$7,650
Therefore the marginal revenue product of the fifth unit of labor is $7,650
Answer: the tariffs will vary depending on the classification.
Explanation:
Tariff is a form of tax that is usually imposed on the imports that are brought from other countries to a particular country.
With regards to information provided in the question, the classification of goods is significant because the tariffs will vary depending on the classification.
Answer:
b. $68.65 per direct labor hour
Explanation:
Allocating based on direct labor hours, divide the total budgeted overhead cost with the actual labor cost.
$460,000/6700 hours
$68.65/hour
Good recordkeeping helps protect assets and helps managers <u>monitor company activities.</u>
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What are the benefits of good recordkeeping?
- Good records will help you do the following:
- Monitor the progress of your business.
- Prepare your financial statements.
- Identify sources of your income.
- Keep track of your deductible expenses.
- Keep track of your basis in property.
- Prepare your tax returns.
- Support items reported on your tax returns.
- Save time and costs
- Prevent loopholes and oversight
- Prevent fraud or theft
- Comply with laws
- Make business decisions
- Different countries have different regulations depending on the local laws stipulated by the government.
- It is important for you to do substantive research and ensure that your company’s current record keeping system is compliant with the country regulatory requirements.
To know more about good recordkeeping, refer:
brainly.com/question/11145292
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