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3 years ago

Keynes advanced the position that capitalism works best when

Business

1 answer:

Gwar [14]3 years ago

5 0

The correct answer is when “the government has a role in moderating the basic welfare of all its citizens.”

John Keynes was an economist who supported the concept that government intervention can stabilize an economy. He believed that capitalism works best when the government has a role in moderating the basic welfare of its citizens.

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Baker Corporation has provided the following production and total cost data for two levels of monthly production volume. The com

kipiarov [429]

Answer:

$1,078,560

Explanation:

The computation of the total manufacturing cost is shown below:

= Direct material + direct labor + manufacturing overhead cost

where,

Direct material = cost of 6,000 units × (estimated units ÷ given units)

= $194,400 × (6,300 units ÷ 6,000 units)

= $204,120

Direct Labor = cost of 6,000 units × (estimated units ÷ given units)

= $74,400 × (6,300 units ÷ 6,000 units)

= $78,120

Manufacturing overhead = cost of 6,000 units × (estimated units ÷ given units)

= $758,400 × (6,300 units ÷ 6,000 units)

= $796,320

Now put these values to the above formula

So, the value would equal to

= $204,120 + $78,120 + $796,320

= $1,078,560

6 0

3 years ago

During a recent brainstorming session, one of Franklin's co-workers suggested that their company could sell some of the data con

PIT_PIT [208]

Answer:

B. Respect the privacy of others

Explanation:

Like in many other <em>data privacy</em> dilemmas, it is often considered highly unethical to give your customer's data to third parties. Having that in mind, it is a <u>privacy breach</u> to sell customer data.

The customers would have to give their consent in order to have their data used for purposes other than those that brought their data to Franklin's company in the first place.

5 0

3 years ago

A firm whose production process exhibits constant returns to scale would find that if it doubled all of its inputs, its output w

Tom [10]

If the returns are constant to scale, the output increases by the same as the increase in inputs, therefore, it would double.

7 0

3 years ago

According to the insurance institute for highway safety injuries the most common injury in the US due to front or rear crashes c

vfiekz [6]

Answer:

Explanation:

The Insurance Institute for Highway Safety (IIHS) is known to be an independent body or organization. It is a nonprofit scientific and educational organization solely aimed to reducuction of the losses and deaths, injuries and property damage as a result from motor vehicle crashes. In US, due to front or rear crashes cost more than 6 billion dollars a year is being spent on injury.

5 0

3 years ago

Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead b

kap26 [50]

Answer:

$9.2 0

Explanation:

The calculation of the Finishing Department is shown below:-

Plant - wide overhead rate = Total overhead ÷ Total machine hour

= ($470,000 + $737,900) ÷ ($470,000 + 133,950)

Plant wide overhead rate = $2 per machine hour

Machine hour for product = 4.2 + 0.4

= $4.6 machine hour

Applied overhead = Machine hour for product × Plant wide overhead rate

= $4.6 × $2

= $9.2 0

6 0

3 years ago