Answer:
The answers are:
- $62 billion
- WHAT IS THE QUESTION?
Explanation:
The absolute size of the public debt is calculated by adding all the deficits from years 2, 3 and 5 and subtracting the surplus of year 4:
total public debt = $50 billion + $30 billion + $2 billion - $20 billion
total public debt = $62 billion
Answer:
The company's net income will decrease by $88380
Explanation:
we increase sales by 10% which results in 10% increase in divisions profit of $1620
after that we set off the increase in the profits lost as it is less than it ($90,000 - $ 1620) =$88380
True................................
Answer:
Mercer Asbestos should define the Cost Drivers first before introducing the Activity Based Costing System, cost drivers actually help the compnay to measure the cost per unit based on the contribution / impact of eac activity that had direct relation with the cost.
Explanation:
Estimator should define the cost drivers such as labor, factory overhead indicators and which has impact on the performance activity of both routine and non routine works.
Possible cost drivers for the below activities can be;
- Removal of asbestos insulation around heating pipes in older homes. Likely cost drivers can be ( Direct Labor Hours Involved in the activity, Other indirect manpower hours dedicated for the activity)
- Removal of asbestos-contaminated ceiling plaster in industrial buildings. Likely cost drivers can be ( Total covered area where contaminated ceiling plaster is present, Supervisors and other manpower involved in the activity).
Once the drivers have been defined cost/unit based on ABC system will help the decision makers such as Cost Planners to quote the accurate selling price to cover the profit margin.
Answer: Other Engineers
Explanation:
Richard can be sued by motorist in the event of the collapse of the road which he supervised construction, and the case would be considered with the already established engineering standards. The engineer standard directs that during construction or fabrication in engineering, the engineer should give little or no allowance for failure, because failure can lead to serious injuries or loss of life.