Answer:
(B) False.
Explanation:
There are other ways to measure the efficiency of a tax system. It is not to generate enough revenue to pay for the public goods and services provided by the government, but just to meet the primary needs of the society.
An efficient tax system must not be complicated, and easy to pay by all. There must be transparency as how the people pay and the tax money is spent by the government.
Answer:
The answer is: the amount of inventory at the end of the year was $1,583 using the average cost method.
Explanation:
The average cost method calculates the cost of inventory by dividing the total costs of goods by the total units.
- 10 units x $60 = $600
- 25 units x $65 = $1,300
- 30 units x $68 = $2,040
- 15 units x $75 = $1,125
The total cost of inventory is $5,065 ($600 + $1,300 + $2,040 + $1,125)
The total units in inventory are 80 (10 + 25 + 30 +15)
To find the average cost per unit = $5,065 / 80 units = $63.31
If 25 units were left at the end of the year, then the total cost of inventory is $63.31 x 25 = $1,582,81 or $1,583
The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:<u> Strategic planning</u>.
<h3>What is Strategic planning?</h3>
Strategic planning can be defined as the process of setting up an objectives or goals and then planning how to achieve the sets objectives and goals.
A company or an organization that want to achieve their future goals must tend to make use of Strategic planning.
Therefore The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:<u> Strategic planning</u>.
Learn more about Strategic planning here:brainly.com/question/24864915
#SPJ1
Answer:
B.0.3125
Explanation:
The computation of the cost of direct labor in $ per customer is shown below:
= Total employee cost ÷ take order time
where,
Total employee cost equal to
= Each employee wages rate per hour × number of employees
= $7.5 × 5
= $37.5
And, the take order time is
= 30 × 4 employees
= 120
So, the cost of direct labor per customer is
= $37.5 ÷ 120
= 0.3125
Answer:
.Requires estimation of future cash-flows and the appropriate discount rate
.Does not take into account qualitative factors
.Difficult to apply when comparing projects with differing lifespans
Explanation:
The net present value is the sum of the present values of all expected cash-flows less the initial outlay. Limitations of this method are that one has to estimate future cash-flows and the company's cost of capital to use when discounting these cash-flows. In this case, as part of net present value analysis, the analyst would have to estimate the cash-flows and the applicable discount rate for each scenario, i.e if the company stays in South Korea or returns to the United States. Making a decision based on these projections may lead to a sub-optimal decision if incorrect information is used. The method also does not take into account other qualitative factors which may not necessarily be reflected in the expected cash-flows e.g the possibility of losing key employees if the company relocates. It is also difficult to apply when comparing projects with differing lifespans.
