The _____ adds up the money earned by producers plus taxes paid to the government.

Which memo provided advanced general principles to consider in cases involving corporate wrongdoing in that it makes clear that

Gekata [30.6K]

Answer:

E. Thompson memo

Explanation:

The name 'Thompson Memo' was used to honor the Deputy attorney General that first issued the memo in 2003. His name is Larry Thompson.

The memo was created to distinguished the line between the 'honest mistake' that the company might do and an actual wrongdoings that must be punished by law.

The memo consist of several criteria that future prosecutors can use to determine whether a company should be punished or not. Those criterias are:

- The nature/seriousness of the offense

- Whether they did a similar 'mistake in the past

- Whether the company admit the mistake by their own or whether it's exposed by other people

- Whether the company proposed a remedial action.

8 0

3 years ago

The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation achi

nata0808 [166]

Answer:

Margin Of Safety= $275,862

Explanation:

We can calculate the margin of safety easily by the formula given below

Formula: Margin of safety = Budgeted sales - Breakeven sales

As breakeven sales are not given in the data Firstly we need to find out break even sales in order to calculate margin of safety

Breakeven sales= $\frac{Total fixed cost}{Contribution margin ratio}$

As you can see in the data fixed cost s given but contribution margin ratio is not

Contribution margin(Sales revenue - All variable cost)= $1,000,000 - ($270,000 + $240,000 + $150,000 + $50,000) = $1,000,000 - $710,000 = $290,000

Sales price per unit = Total sales/Number of units sold

Sales price per unit= $1,000,000/50,000 = $20

Budgeted contribution margin= $290,000/50,000 = $5.80

Contribution margin ratio = Budgeted contribution margin per unit/Sales price per unit

Contribution margin ratio = $5.80/$20 = 29%

Lets put values in breakeven formula to find breakeven sales

Breakeven sales= $\frac{Total fixed cost}{Contribution margin ratio}$

Breakeven sales= $\frac{210000}{0.29}$

Breakeven sales= $724,138

Now we have both budgeted sales and breakeven sales, we can easily calculate e of safety

Margin of safety = $1,000,000- $724,138

Margin of safety = $275,862

7 0

3 years ago

The best way to correct any new problems that arise because of a solution is to ________.

Ivenika [448]

You have to do A. Address problem with counterplan I just took the unit test I know for sure

5 0

3 years ago

Read 2 more answers

1. A complaint of sexual harassment by a part-time worker in a hardware business was upheld when the Tribunal found that the emp

Vesna [10]

Answer:

this account shows sign's of sexual harassment this goes against the rules of a work place due to the fact that employees and members of staff should feel protected at all times

Explanation:

8 0

3 years ago

Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours

Rainbow [258]

Answer:

The correct answer is C: $944

Explanation:

Giving the following information:

Single plantwide predetermined overhead rate based on machine-hours. Total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours.

First, we need to determine the manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= (237000/30000)+3.9= $11.8 per machine hour.

Now, we can calculate the allocated overhead:

allocated overhead= Estimated manufacturing overhead rate* actual amount of allocation base= 11.8*80= $944

6 0

3 years ago