Answer:
1) subsidies as the seller will receive a higher amount that the market price
2) taxes because traslation effect considering demand price-elasticity
3) taxes
4) subsidies will increase the amount recieve by sellers. (for taxes it act as a intermediate it retains the taxes levied and then has to give them to the government thus, aren't an increase in they proceeds
5) taxes, the subsidies are government espending
6) taxes, because traslation effect.
Explanation:
Answer:
Explanation:
For materials:
Units transferred out 381,000*
Add:
Materials 42,000*100% = 42,000
Equivalent units 423,000
*Units transferred out = Units stated+Beg inv-End inv = 350,000+73,000-42,000 = 381,000
For conversion costs:
Units transferred out 381,000*
Add:
Conversion cost 42,000*30% = 12,600
Equivalent units 393,600
Correct answer is 423,000; 393,600
Answer: $159,400
Explanation:
Finished goods inventory on January 1 is:
= Cost of goods sold + Ending finished goods inventory - Cost of goods manufactured
Cost of goods sold = Manufacturing cost + 156,000
= 246,400 + 156,000
= $402,400
Cost of goods manufactured = Manufacturing costs / 80%
= 246,400 / 80%
= $308,000
Finished goods inventory = 402,400 + 65,000 - 308,000
= $159,400