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3 years ago

True or False: A tax cut is less likely to change the composition of labor demand than a government spending increase.

Business

1 answer:

MA_775_DIABLO [31]3 years ago

5 0

Answer:

True

Explanation:

This is the case because tax cuts and government spending are instruments that could be used in expansionary fiscal policy.

Note that reduced taxes usually have a direct impact on the disposable income of a economy not the composition of labor demand. Tax cuts leads directly to consumption and savings increase, resulting from increase in disposable income in the economy.

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Paolucci Corporation's relevant range of activity is 4,000 units to 8,000 units. When it produces and sells 6,000 units, its ave

ratelena [41]

Answer:

$12.50

Explanation:

Variable costs are those costs which changes with the change in activity driving the cost (Sales. production etc.). It can be direct or indirect costs.

Whereas fixed costs are those costs which remains constant and do not change with the change in activity.

All the following costs are variable costs

Average Cost per Unit

Direct materials $6.45

Direct labor $3.30

Variable manufacturing overhead $1.25

Sales commissions $1.00

Variable administrative expense <u>$0.50</u>

Total variable cost per unit <u>$12.50</u>

All the following costs are fixed costs.

Fixed manufacturing overhead $3.00

Fixed selling expense $1.05

Fixed administrative expense $0.60

3 0

3 years ago

Integrated marketing communications (IMC): Group of answer choices is typically overseen by a marketing communications director

makvit [3.9K]

Integrated marketing communications (IMC): "Refers to the coordination of all promotional activities to produce a unified, customer-focused promotional message."

<h3>What is Integrated marketing communications (IMC)?</h3>

IMC is described as "a planning process meant to ensure that all brand contacts for a product, service, or organisation received by a consumer or prospect are relevant to that person and consistent across time" by the American Marketing Association.

The importance of IMC are-

To effectively deliver a single message to both potential and current end users, integrated marketing communication helps integrate all key marketing components.
At a low cost, integrated marketing communication can significantly increase consumer brand recognition.
Any marketing initiative that employs many channels is considered integrated marketing. For instance, you might see a commercial for a popular new doughnut flavour, then drive by the donut store and see posters of the donut.

To know more about integrated marketing communications (IMC), here

brainly.com/question/20595921

#SPJ4

6 0

2 years ago

How can you price your product or service at its worth or even more? You can price your product or service at its worth or even

stealth61 [152]

You can price your products, by average, fairness is key!

3 0

3 years ago

Read 2 more answers

The Warren Watch Company sells watches for $21, fixed costs are $180,000, and variable costs are $15 per watch.

enyata [817]

Answer:

5,000 watches : $150,000 loss

20,000 watches: $60,000 (Loss)

Break-even point = 30,000 units

if the selling price rises to 32 = break even points descends to 10,588 units

If the selling price rises to $32 but variable costs rises to $26 , the break even point goes back to 30,000units.

Explanation:

Hi, to answer this question we have to apply the next formula:

Profit = Revenue -cost

Where the revenue is equal to the units sold (x) multiplied by the selling price,

R = 21 x

And cost is equal to the sum of the fixed and variable costs.

C = 15x + 1800

So:

P = 21x-(15x +180,000)

P = x ( 21-15)- 180,000

For 5,000 watches:

P = 5000(21-15)-180,000

P = 5000(6) -180,000

P= 30,000-180,000

P=-$150,000 (loss , since is negative )

For 20,000 watches:

P = 20,000(6) -180,000

P = 120,000-180,000

P=-$60,000 (Loss)

To find the break even point:

R = C

21x = 15x + 180,000

21x-15x =180,000

6 x = 180,000

x = 180,000/6

x =30,000 units

if the selling price rises to 32

32x = 15x + 180,000

32x-15x = 180,000

17x =180,000

x = 180,000/17

x = 10,588 units

It descends,

If the selling price rises to $32 but variable costs rises to $26

32x = 26x+180,000

32x-26x = 180,000

6x = 180,000

x = 180,000/6

x =30,000

The break-even point comes back to 30,000 units.

6 0

3 years ago

Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants p

Lunna [17]

Answer:

1. Overheads rate per activity

Setup = $4,100 per setup

Machining = $120 per machine hour

Engineering = $60 per engineering hour

Packing = $0.30 per packing order

2. Cost per unit

Deluxe = $162.60

Normal = $53.675

Explanation:

As for the provided information:

We have,

Different activities as follows:

Setups = $2,050,000

Total setups = 300 + 200 = 500

Rate = $2,050,000/500 = $4,100 per setup

Machining = $48,000,000

Total machine hours = 100,000 + 300,000 = 400,000

Machine hour rate = $48,000,000/400,000 = $120 per machine hour

Engineering = $9,000,000

Total engineering hours = 50,000 + 100,000 = 150,000

Rate per hour = $9,000,000/150,000 = $60 per hour

Packing = $150,000

Packing orders = 100,000 + 400,000 = 500,000

Rate per hour = $150,000/500,000 = $0.30 per order

2. Calculating per product cost

Particulars Deluxe Normal

Setup Cost

In 3:2 ratio $1,230,000 $820,000

Machining Cost

In 1:3 ratio $12,000,000 $36,000,000

Engineering cost

In 1:2 ratio $3,000,000 $6,000,000

Packing Cost

In 1:4 Ratio $30,000 $120,000

Therefore total cost for each printer

$16,260,000 $42,940,000

Number of units 100,000 800,000

5 0

3 years ago