Answer:
Overhead incurred for may is $8,250
Explanation:
Factory overheads are costs that don not contribute directly to production.They are also know as indirect costs and include items such as insurance costs,administrative expenses, licensing, insurance, facility upkeep costs etc.
In B&T's case factory overhead items include:
a) Indirect labor - $6300
b) Property taxes on production facility - $810
C) Factory heat,lights and power - $970
d) Insurance of plant and equipment <u>- $170</u>
Total factory Overhead for May = Indirect labor + Property taxes on production facility +Factory heat,lights and power + Insurance of plant and equipment
Total factory Overhead for May = 6300 + 810 + 970 + 170 = $8250.
Answer:
The correct answer is letter "D": decrease, exports decrease, and U.S. net exports are unchanged.
Explanation:
Imposing tariffs may have negative consequences for a country. Typically, this option is taken when the government tries to boost the purchase of domestic products but the countries imposed the quotas impose some other tariffs as well for retaliation. <em>Both exports and imports of those countries are likely to decrease</em> in that case since products become more expensive.
The net exports are calculated by subtracting the total of imports from the total of exports of a country. Under the scenario explained above, under a trade war, the <em>net exports will remain unchanged </em>since both imports and exports will decrease. For a change, only one of them must vary.
Answer:
Money is an asset with the characteristics of liquidity
Explanation:
people still choose to hold part of their wealth in the form of money because money has characteristics of liquidity, that is, as an asset money can easily be accessed. And during inflation when prices of commodities have skyrocketed, more money would be required for business transactions. Money can easily be exchanged while doing any form of transaction.
<span>Financial experts advise you will need approximately 80 percent of your pre-retirement income in order to maintain your standard of living after you retire.
So, let's say that you earned 3,000 dollars a month while you were still working. That would mean that you would need at least 2,400 dollars when you retire if you want to keep on living practically the same as you did while you still had a job.
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The puppy mill that was shut down is not an example of scarcity. Scarcity means "lacking" whether of time, money, or resources. The puppy mill doesn't create scarcity, in fact it created a surplus of dogs available for adoption. So the answer is B.
