Answer:
$950,000
Explanation:
<u>Particular Amount Amount</u>
Finish Goods $39,000
W.I.P Goods $34,000
Add: material $27,000
material purchase $555,000
Direct labor $248,000
<u>Factory Overhead $143,000</u>
$1,007,000
Less: material $20,000
W.I.P Goods at end $33,000
<u>Finish Goods $43,000 </u>
<u> $911,000</u>
<u>Total cost of goods sold $950,000</u>
A positive incentive measure is an economic measurement that is designed to promote beneficial activities.
The incentive that makes it more profitable to follow a certain course of action is a positive incentive.
<h3 /><h3>What is a positive incentive? </h3>
A positive incentive defines as a measure is an economic, legal institutional activity that is projected to boost beneficial activities. A positive incentive is a measurement that helps to follow a certain course of action.
It is also defined as the business rewards for producing particular choices or taking definite actions.
<u>Example:</u>
Incentive costs for organic farming, agricultural land set-aside strategies, as well as public or grant-aided land purchases or improvement advantages.
Therefore, the positive incentive makes it more profitable to follow a definite course of action.
Learn more about the positive incentive, refer to:
brainly.com/question/15103242
Answer:
The statement is true. Because they can control product price, monopolists are always assured of profitable production by simply charging the highest price consumers will pay.
Explanation:
In economics, a monopoly is a term that describes an industry or other economic sector where control rests with one supplier as that supplier is the only one supplying the market. In theory, that means total control or "complete monopoly" but in practice most monopolies today are "quasi-monopolies", with a supplier dominating the market almost completely but with the space for a few small companies as well. The monopolist can get a high price for his product by limiting market supply so that the supply of goods is less than the demand for it.
Even though I didn't see the video mentioned in the question, banks make most of their money through banking fees and investments.
401(k) plans<span> which are offered by for-profit companies, 403(b) plans are only available to employees of tax-exempt organizations. These are usually either schools, hospitals or religious groups. The names simply refer to the section of the tax code that outlines these plans. So Hopefully, He may go with 401k</span>
