Answer:
$2,500 Increase
Explanation:
Lil Beasty Company
Variable cost per unit ($17 + $1.50) $18.50
Income per unit ($19 – $18.50) $0.50
The total increase in net income ($.50 X 5,000 units) $2,500
Therefore we have increase $2,500 meaning If the offer is accepted with unused capacity, net income will increase by $2,500. The variable cost per unit will be $18.50 ($17 + $1.50); the income per unit is $.50 ($19 – $18.50); and the total increase in net income will be $2,500 ($.50 X 5,000 units)
Assume that in the year 2010, the US Nominal GDP was $15 trillion, while the GDP deflator was 200. US Real GDP for 2010 is 7.5%.
<h3>Real GDP</h3>
Using this formula
GDP=Nominal GDP/GDP deflator×100
Where:
Nominal GDP=$15 trillion
GDP deflator=200
Let plug in the formula
GDP=$15 trillion/200×100
GDP=7.5%
Therefore US Real GDP for 2010 is 7.5%.
Learn more about Real GDP here:brainly.com/question/6348208
Answer:
Total tax ( Sheryl ) = $802
Explanation:
Tax status of Sheryl = Single
The rates to be used are
- Tax rate = 10% for single taxpayers with income between $0 through $9700
- Tax for income from estates that is between $2600 through $9300 will be $260 + 24% of excess over $2600
kiddie tax is applicable on earned income above $2200 ( defined by IRS )
attached below is a detailed table
Answer:
The marignal revenue that another worker would bring to Joe under these circumstances is $90.
If joe hires a new worker, the worker can repair 3 appliances per hour, and the mininum charge for appliance-repair is $30 plus parts. The marignal revenue is:
$30 x 3 appliances = $90
Because wages are equal to the marginal product of labor, the maximum amount that Joe would pay to a new person is $90.
