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4 years ago

"________ is an area that allows member states to freely move components of production such as capital and labor across borders"

Business

1 answer:

Ne4ueva [31]4 years ago

4 0

Answer: Common Market

Explanation:

Common market is also a type of economic integration. The economic integration ranges from Preferential trade agreement, free trade agreement, custom unions, common market and economic union.

The countries cooperate with each other by initiating these types of economic integration.

Common market is a category of economic integration where there can be a free flow of factors of production such as capital and labor between the nations. There is a free movement of capital and labor among trading partners. Common market is a area where group of countries work together to encourage trade by removing tariffs for their member countries.

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Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $

gulaghasi [49]

Answer:

81%

Explanation:

Calculation for the markup percentage to variable cost that should be used

Using this formula

Markup percentage=[(Target profit + Fixed overhead costs + Fixed administrative costs) / Total variable costs

Let plug in the formula

Markup percentage=[($22*15,000 units)+$13,500+$21,000]/$30×15,000)

Markup percentage=($330,000+$13,500+$21,000)/$450,000

Markup percentage=$364,500/$450,000

Markup percentage=0.81*100

Markup percentage=81%

Calculation for Total variable costs

Variable product cost per unit $19

Variable administrative cost per unit $11

Total variable costs =$30

Therefore the markup percentage to variable cost that should be used will be 81%

8 0

4 years ago

Ramos Company has the following unit costs: Variable manufacturing overhead$15 Direct materials 13 Direct labor 17 Fixed manufac

zhannawk [14.2K]

Answer:

Unitary cost= $56

Explanation:

Giving the following information:

Variable manufacturing overhead $15

Direct materials $13

Direct labor $17

Fixed manufacturing overhead $12

Fixed marketing and administrative $11

Under absorption costing, the fixed overhead is allocated to the product cost:

Unitary cost= direct material + direct labor + variable overhead + fixed overhead

Unitary cost= 13 + 17 + 15 + 11= $56

3 0

3 years ago

During the current year, Eleanor earns $120,000 in wages as an employee of an accounting firm. She also earns $13,000 in gross i

larisa86 [58]

Answer:

$10,000

Explanation:

Eleanor's self-employment tax will require an understanding of a few points.

1. Eleanor earns $120,000 as wages working for an accounting firm therefore, this wages do not qualify for self-employment tax

2. Eleanor earns $13,000 as gross income for her own consulting service and this is self-employment income. However, $3,000 qualify as deductible expenses from the gross income. Taxable self-employment income= $13,000-$3,000= $10,000

3. Long term capital gain tax incurred = $1,000. Ordinarily the capital gain tax should increase the tax. However, its inclusion will be based on the federal government's table for calculating payment of long-term capital gain tax for 2019 based on income for the year.

Looking at the table, income from $0 Up to $39,375 will attract 0% payment of long-term capital gain tax. Since, the self-employment income of Eleanor is $10,000, no long-term capital gain tax will be incurred.

It means only the 13,000-3,000= $10,000 will be tax for self employment

5 0

3 years ago

Meade Nuptial Bakery makes very elaborate wedding cakes to order. The company has an activity-based costing system with three ac

poizon [28]

Answer:

$86.87

Explanation:

Calculation for what would be the overall margin on the order

Price of cake $500.54

Less Costs:Size related ($183.06)

($1.13 per guest × 162 guests)

Less Complexity-related ($130.56)

($43.52 per tier × 3 tiers)

Less Order-related ($61.44)

($61.44 per order × 1 order)

Less Cost of purchased decorations for cake ($38.61)

Customer margin $86.87

Therefore would be the overall margin on the order is $86.87

3 0

3 years ago

According to the capital asset pricing model (CAPM), the security market line is a straight line. The intercept of this line sho

melisa1 [442]

Answer: C. The risk-free rate

Explanation: According to the Capital Asset Pricing Model, the security market line is a straight line. The intercept of this line should be equal to:

A. Zero

B. The expected risk premium on the market portfolio

C. The risk-free rate

D. The expected return on the market portfolio

The intercept of the security market line (This line shows the expected rate of return of a security as a function of systematic, non-diversifiable risk (beta), in other words, it is simply the line on which all capital investments lie) is equal to the risk-free interest rate (the theoretical rate of return of an investment with no risk of financial loss) according to the Capital Asset Pricing Model (CAPM).

The line is represented graphically as a straight line with risk on its horizontal axis, which is the independent variable, and expected return on the vertical axis, which is the dependent variable. The security market line also shows that investors would want higher rates of return with increasing levels of risk taken.

7 0

3 years ago