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MArishka [77]
3 years ago
14

An example of contractionary (taking money away from the general population) fiscal policy would be :

Business
1 answer:
Sever21 [200]3 years ago
8 0
B. I THINK , hoped this helped you 
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Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn
Arturiano [62]

Answer and Explanation:

The computation is shown below:

1.

Direct Material Price Variance = Actual material cost - Actual Quantity × Standard Price

For Silver

= $13848 - 577 × 23

= $577 (U)

For Crystal

= $2926 - 7700 × 0.40

= $154 (F)

Direct Material Quantity Variance = (Actual Quantity - Standard Quantity) × Standard Price

For Silver

= (577 - 1530 × 0.40) × 23

= $805 (F)

For Crystal

= (7700 - 1530 × 5) × 0.40

= $20 (U)

2.

Direct Labor Rate Variance = Actual Cost - Actual Hours × Standard Rate

= $36915 - 3210 × 12

= $1605 (F)

And,

Direct Labor efficiency Variance = (Actual hours - Standard hours) × Standard Rate

= (3210 - 1530 × 2) × 12

= $1800 (U)

6 0
3 years ago
Judith puts $5000 into an investment account with interest compounded explain continuously. which approximate annual rate is nee
Ludmilka [50]
The interest per year for $5,000 to become $9,110 after 30 years is 2.02% compounded continuously.
4 0
3 years ago
Kicks corporation sells running shoes and during janurary they ran production machines for 20000 total hours and incurred 9000 i
Dafna11 [192]

Answer:

$0.3 per machine hour

Explanation:

The computation of the variable maintenance cost per machine hour using the high low method is shown below:

Variable cost per machine hour = (High maintenance cost - low maintenance  cost) ÷ (High machine hours - low machine hours)

= ($9,000 - $7,200) ÷ (20,000 machine hours - 14,000 machine hours)

= $1,800 ÷ 6,000 machine hours

= $0.3 per machine hour

7 0
3 years ago
The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at
xxTIMURxx [149]

Answer:

(a) $34.4

(b) $38.70(Approx).

(c) $61.9524

Explanation:

(a) Current price:

=\frac{D1}{Required\ return-Growth\ rate}

=\frac{2.15\times(1+0.04)}{0.105-0.04}

=\frac{2.15\times 1.04}{0.105-0.04}

      = $34.4

We use the formula:

A=P(1+\frac{r}{100} )^{n}

where,

A = future value

P = present value

r = rate of interest

n = time period

(b) A=P(1+\frac{r}{100} )^{n}

A=34.4(1.04 )^{3}

         = 34.4 × 1.124864

         = $38.6953

         = $38.70(Approx).

(c)  A=P(1+\frac{r}{100} )^{n}

A=34.4(1.04 )^{15}

         = 34.4 × 1.80094351

         = $38.6953

         = $61.9524

3 0
3 years ago
The first benefit of trade given in Chapter 2 is that "trade makes people better off when preferences differ." How does the stor
Bess [88]

Answer:  Dr. Bostwick was able to provide medical services that did not satisfy his own wants, so he exchanged those services for money that he used to buy things that did. Professor Boudreaux had money but desperately wanted a pediatric gastroenterologist to treat his son.

Explanation:

Trade generates value by transferring goods or services from those who value them less to the people who need them more. The only way people can decide to specialize in the making of a single good or service is because they already know they can trade it for other goods they do need.

In the video 'How the Division of Knowledge Saved My Son's Life', Professor Boudreaux explains that it was thanks to Dr. Bostwick specialization on pediatric gastroenterology that his son´s life was saved.

7 0
3 years ago
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