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3 years ago

A tariff:_________.

Business

1 answer:

Sergio [31]3 years ago

8 0

Answer:

<h2>C. Makes domestic consumer worse off. </h2>

Explanation:

A tariff is levied on the exports and imports between two countries. It is meant to regulate the foreign trade and encourage the domestic industries and safeguard them from the competition of foreign goods. Tariffs are source of income for states. Tariffs and import export quotas are most used instruments of protectionism. Tariffs are fixed or variable.

It can put the domestic consumer in an advantageous position as due to tariffs they would not be able to get less costly products.

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While working on a group project, you notice something does not look right in the presentation. You call a meeting with your tea

julsineya [31]

Hey there!

The best answer seems like the second option or Choice B. Problem-Solving.

Hope this helps!

5 0

3 years ago

When manufacturing overhead is applied to production, it is added to: A) the Cost of Goods Sold account B) the Raw Materials acc

Ulleksa [173]

Answer:

The answer is C) the Work in Process account.

Explanation:

Manufacturing overhead is indirect costs incurred during the production and is added to Work in Process account in order to later fully and correctly account for Finished Good and Cost of Good Sold.

A) is incorrect because Cost of Good Sold account is derived from Finished Goods account.

B) is incorrect because only the direct cost incurred to Raw Material is added to Raw Material Account while Overhead is all the indirect cost ( depreciation, indirect material to name a few) that is not apply to Raw Material Account.

D) is incorrect because Finished Goods account is derived from Work in Process account.

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3 years ago

Which statement is true?

Yakvenalex [24]

Answer:

c. Total units accounted for = units in ending work in process + units transferred out

Explanation:

Total units accounted -

It refers to the total units completed during any work process , is referred to as the total units accounted .

i.e. ,

The total units accounted is the sum of the units transferred out plus the units in the end of the process .

Hence ,

Total units accounted for = units in ending work in process + units transferred out , is the correct equation .

6 0

3 years ago

What are control accounts in accounting??

Marina CMI [18]

In accounting, the controlling account is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail.

6 0

2 years ago

Read 2 more answers

The following financial information is from Bronco Company. All debt is due within one year unless stated otherwise. Retained Ea

Evgen [1.6K]

The amount of current liabilities is $23,600

Current liabilities refers to liabilities of a company that have to be settled in cash within the fiscal year.

The current liabilities here are Deferred revenue, Accounts payable and Interest payable. Note that notes payable are due in more than 12 months, so, these are not a current liability.

Amount of Current Liabilities = Deferred revenue + Accounts payable + Interest payable

Amount of Current Liabilities = $4,300 + $13,700 + $5,600

Amount of Current Liabilities = $23,600

<em>See related question here</em>

<em>brainly.com/question/15723359</em>

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2 years ago