Answer:

production at this point is technically inefficient.

Explanation:

Efficient production processes requires a producer to either minimise the inputs they are using at a given output or maximise output level at a given input level.

Technical inefficiency is when input is not minimised or output maximised.

In the given instance the fixed cost (airplane) remains unchanged. However crew members can be variable.

If the airplane only requires 3 crew members and 4 crew members are now used, the company is not minimising inputs used so they are technically inefficient.

**Answer:**

The correct answer is (D)

**Explanation:**

An independent auditor is an affirmed open bookkeeper or contracted bookkeeper who inspects the money related records and business exchanges of an organisation with which he is not associated. Organisations generally employ independent auditor to give fair suppositions about the precision of an organisations financial statements and cash flows. It is important to hire private auditors to scrutinise company’s financial flaws.

Answer:

$171,619.20

Explanation:

Calculation to determine what The budgeted accounts payable balance at the end of November is closest to:

Using this formula

Budgeted accounts payable balance= Budgeted cost of raw materials purchases in November -(Budgeted cost of raw materials purchases in November*Raw materials purchases in the month of purchase percentage)

Let plug in the formula

Budgeted accounts payable balance=$286,032 - ($286,032*40%)

Budgeted accounts payable balance=$286,032 - $114,412.80

Budgeted accounts payable balance= $171,619.20

Therefore The budgeted accounts payable balance at the end of November is closest to:$171,619.20

**Answer:**

**Federal Income tax ⇒ $80****FICA ⇒ $125.46 ****State income tax ⇒ $52.97****Local deduction - Clark County Income tax ⇒ $29.52**

**Explanation:**

Brent gets paid semi-monthly so his pay per period is:

= 39,360 / (12 months *2)

= $1,640

Based on the table therefore, his** federal tax is:**

**= $80**

This figure is based on the intersection between income of $1,640 and 3 withholding allowances.

**FICA tax** rate is 7.65% so his FICA tax is:

= 1,640 * 7.65%

**= $125.46**

**State income tax = $52.97**

**Local deduction - Clark County Income tax = $29.52**

**Total deductions:**

= Federal tax + FICA + State income tax + Clark County income tax

= 80 + 125.46 + 52.97 + 29.52

**= $287.95**