1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zavuch27 [327]
3 years ago
7

Jon enjoys fishing (which costs $20) and golf (which costs $30). last month, jon fished four times and golfed twice. the last fi

shing outing provided jon a marginal utility of 50, and the last round of golf provided a marginal utility of 120. did jon maximize his utility according to the utility maximization rule?
Business
1 answer:
Gennadij [26K]3 years ago
6 0
He did maximize the utility <span>according to the utility maximization rule</span>.

You might be interested in
Which of the following statements is false?
tangare [24]
I believe the In a limited liability partnership, all partners are limited partners
4 0
3 years ago
Read 2 more answers
What happens when a home goes into foreclosure
Zinaida [17]
If the homeowner continues to default on the loan, the lender will foreclose on the house. ... A foreclosure sale / auction is typically the next thing that happens during the process. The lender wants to get the home off their hands as quickly as possible, so they'll usually price it to sell quickly
8 0
3 years ago
Using a single plantwide rate from question 25, the factory overhead allocated per unit of Product A in the Painting Department
fiasKO [112]

Answer:

a. $236.32 per unit

Explanation:

The Full question is "Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $250,000 10,000 16 4 Finishing Dept. 75,000 12,000 4 16 Totals $325,000 22,000 20 20"

A single plant wide factory overhead rate is been used. Thus, Overhead rate per hour = $325000 / 22000 hrs = $14.77

The total hours required to produce a product = 20 hours in painting + 20 hours in finishing

The total hours required to produce a product = 40 hours

Overhead per product = Overhead rate per hour * The total hours required to produce a product

Overhead per product = $590.8

The DLH required for a product A in painting department = 16 DLH

. Overhead rate per unit for product A in painting department = ($590.8/40 DLH) *16 DLH = $236.32 Per Unit

8 0
3 years ago
PHRASE TERM 1. A "plug" for the net effect of the current tax liability and changes in deferred tax assets and liabilities. 2. N
lesya [120]

This question is incomplete, here´s the complete question.  

Listed below are 5 terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the number for the most correct term.

Terms: Balance sheet classification, Income tax expense, Permanent difference, Temporary difference, Valuation allowance

1. A "plug" for the net effect of the current tax liability and changes in deferred tax assets and liabilities.

2. No tax consequences.

3. "More likely than not" test.

4. Produces future taxable amounts or future deductible amounts.

5. Noncurrent.

Answer:

1. A "plug" for the net effect of the current tax liability and changes in deferred tax assets and liabilities.

Income tax expense

2. No tax consequences. Permanent difference

3. "More likely than not" test. Valuation allowance

4. Produces future taxable amounts or future deductible amounts. Temporary difference

5. Noncurrent. Balance sheet classification

Explanation:

1. A "plug" for the net effect of the current tax liability and changes in deferred tax assets and liabilities. Income tax expense.

A deferred tax asset could be used to lessen taxable income.

A deferred income tax liability is the result of the difference between the income tax expense in the income statement and the income tax payable.

2. No tax consequences. Permanent difference

because

Since a permanent difference can never be erased, it won´t create deferred taxes.

3. "More likely than not" test. Valuation allowance

A valuation allowance is required agains a deferred tax asset if it´s "more likely than not" that part or even all of the deferred tax asset won´t be realized.

4. Produces future taxable amounts or future deductible amounts. Contrary to the permanent difference case, a temporary difference will produce future taxes.

5. Noncurrent. Balance sheet classification

Noncurrent assets appear in a balance sheet as investment, property, plant, equipment, intangible assets.

3 0
2 years ago
Which type of bank account is best for everyday transactions
Elena-2011 [213]

Answer:

Checking accounts

Explanation:

They are better for everyday transactions such as purchases, bills and ATM withdrawals.They also Have lower interest. Savings Accounts would be better for storing/Earning interest.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Question 1 with 1 blankA man pulling a garage bag out of a can in a kitchen. Ramón Question 2 with 1 blankA woman in a bedroom p
    5·1 answer
  • How do you see your housing needs and goals changing over time?<br> This is an essay question.
    8·1 answer
  • An apparel company with a weaving department, a dyeing department, and a stitching department is using a _____ to organize its f
    14·1 answer
  • West Virginia has one of the highest divorce rates in the nation, with an annual rate of approximately 5 divorces per 1000 peopl
    14·1 answer
  • ​if a certain country considered handshakes in business transactions to be taboo and preferred to use nodding, this would be an
    5·1 answer
  • Which of the following best explains what a forward contract is?
    13·2 answers
  • True or false, general revenue sharing grants give states the most discretion as to how to spend the money.
    9·1 answer
  • An electrical contractor's records during the last five weeks indicate the number of job requests: Week 1 2 3 4 5 Requests 20 22
    9·1 answer
  • Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. Durin
    14·1 answer
  • In July, Lane Co. sells merchandise to Avery Co. on account. In August, Avery pays the balance in full. The entry that Lane will
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!