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VLD [36.1K]
3 years ago
9

What is the idea behind “cutting taxes” (lowering taxes). select one:

Business
1 answer:
earnstyle [38]3 years ago
8 0
The correct option is A. The effect of tax cut is reduction in the amount of money that the government is generating and increase in the amount of money available to those whose taxes are reduced. Government usually cut taxes in order to boost the economy through increased spending. 
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Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's
Damm [24]

Answer:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)

Explanation:

Giving the following information:

The company's predetermined overhead rate of $2.40 per machine-hour was based on a cost formula that estimates $192,000 of total manufacturing overhead for an estimated activity level of 80,000 machine-hours.

To allocated overhead costs to a specific job, you need to multiply the estimated rate for the number of machine-hours required for the job.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)

5 0
3 years ago
Which of the following is not a basic consumer right?
Kitty [74]

Answer:

C

the right to be refunded

Explanation:

4 0
3 years ago
Read 2 more answers
The following account appears in the ledger prior to recognizing the jobs completed in January: Work in ProcessBalance, January
exis [7]

Answer:

Year-end WIP 62,200

jounral entry for completed jobs:

-------------------------------------

Finished Good Inventory   1,149,800 DEBIT

  WIP inventory                              1,149,800 CREDIT

-------------------------------------

Explanation:

<u>WIP </u>

Beginning  $     72,000

Materials    $   390,000

Labor          $   500,000

Overhead   <u>$   250,000</u>

Total WIP    $  1,212,000

<u />

<u>Finished Jobs:</u>

Job 210  $  200,000

Job 224 $  225,000

Job 216  $  288,000

Job 230 <u>$  436,800</u>

Total       $ 1,149,800

the jobs complete will move to finished good and credit WIP inventory

WIP year-end:

1,212,000 - 1,149,800 = 62,200

7 0
3 years ago
All of the following statements about decision style are true EXCEPTA) autocratic styles are authority-based.B) decision styles
notka56 [123]

Answer:

B. decision styles are consistent among top managers

Explanation:

Decision making styles differ between managers.  Many managers exercise autocratic style which is authoritative wherein very limited inputs from the subordinates are taken and there is little scope for constructive advises.

In heuristic style, the strategies help managers to take clear cut decisions in a prompt manner. In such a form, decisions are arrived at quickly.

Managerial decision making methods differ from manager to manager and are an outcome of managers own judgement and demeanor.

Hence it is evident from above points that decision styles are not consistent among top managers.

5 0
3 years ago
Firms usually implement ________ when they have a particular profit goal as their overriding concern.
Step2247 [10]

Answer:

target profit pricing

Explanation:

Based on the information provided within the question it can be said that the firms in this situation usually implement target profit pricing. This term refers to a method of determining how many units of a product need to be sold in order to cover the costs of production as well as achieve a set profit margin. This is usually a goal/target that is set and hoped to be achieved by the end of the year.

7 0
3 years ago
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