Answer:
B. $34,000; -$1,000
Explanation:
Accounting profit equals total revenue minus explicit costs. Here,
$50,000 - $12,000 - $1,000 - $3,000 = $34,000.
Economic profit equals total revenue minus the sum of both explicit and implicit costs. Here,
$50,000 - $12,000 - $1,000 - $3,000 - $35,000 = -$1,000
Answer:
Chemical contaminants are chemicals toxic to plants and animals in waterways. The phrase 'chemical contamination' is used to indicate situations where chemicals are either present where they shouldn't be, or are at higher concentrations than they would naturally have occurred.
Explanation:
Answer:
a.raises; lowers; raises
Explanation:
An expansionary monetary policy is usually undertaken by the Central bank to increase money supply.
When money supply is increased, output increases and real GDP rises.
The rise in money supply which causes output to increase would lead to an increase in demand for Labour. This would reduce unemployment.
Because of rise of money supply, the supply of money in the economy would rise and the price level would rise.
I hope my answer helps you.
Answer:
Asper Corporation has provided the following data for February. Denominator level of activity 7,700 machine-hours Budgeted fixed manufacturing overhead costs $ 266,420 Fixed component of the predetermined overhead rate $ 34.60 per machine-hour Actual level of activity 7,900 machine-hours Standard machine-hours allowed for the actual output 8,200 machine-hours Actual fixed manufacturing overhead costs $ 259,960 The budget variance for February is $6,460 Favorable.
Explanation:
Budgeted fixed manufacturing overhead cost = $266,420.
Actual fixed manufacturing overhead costs = $259,960
The budget variance for February is calculated as below:
Budget Variance = Actual Fixed Manufacturing Overheads - Budgeted Fixed Manufacturing Overheads
Budget Variance =$259,960 - $ 266,420.
Budget Variance = -$6,460
Budget Variance = $6,460 Favorable
Answer:
Incentive plans
Explanation:
Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.
It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.
