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mr Goodwill [35]
3 years ago
9

The price of food is rising fast! how might this situation be handled in a…

Business
1 answer:
Pani-rosa [81]3 years ago
4 0
A free market economy is when the prices of supply and demand are free from the government. Meaning they can charge whatever they want and the government has to say. So answering your question they can just charge less if they felt like it since they have free reins of the prices.

A command economy is the opposite whereas supply and demand prices are determined by the government and the government only. The government would probably not change the prices because the government sucks.

(A mixed economy is the best way to achieve that)

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8 0
3 years ago
The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2900 units, the actual direct
pashok25 [27]

Answer:

$5400 Favorable

Explanation:

Standard 2 hour at $15 per hour

Standard hours 2 hour per unit * 2900 units = 5800 hours

Total Standard cost = 5800 hours * $15 per hour =  $87,000

Actual hours = 5100

Actual cost = $81600 / 5100 hours = $16 per hour

Variance = Standard - Actual

Labor hour Variance Favorable = 700 hours (5800 hours - 5100 hours)

Total Labor variance = $5400 ($87,000 - $81,600)

4 0
3 years ago
Princess, who resides in the 2nd Circuit, recently found a circuit court case that is favorable to her income tax research quest
lapo4ka [179]

The correct answer is C) 2nd Circuit or the Federal Circuit. 

Princess, who resides in the 2nd Circuit, recently found a circuit court case that is favorable to her income tax research question. The circuits that she would prefer to have issued the opinion are the 2nd Circuit or the Federal Circuit. 

Princess has to go to the 2nd Circuit Court of Appeals that is located in Manhattan, New York, at the Thurgood Marshall US Courthouse. It exercises federal jurisdiction in six districts of the states of Vermont, New York, and Connecticut.  The 2nd Circuit Court of Appeals was established by Congress in 1891.

5 0
3 years ago
The computation of the alternative minimum tax base begins with regular taxable income. Which of the following is not part of th
klemol [59]

Answer:

A. Subtract state income taxes paid.

7 0
3 years ago
Reinegar Corporation is planning two new issues of 25-year bonds. Bond Par will be sold at its $1,000 par value, and it will hav
mote1985 [20]

Answer:

4500 bonds

Explanation:

In the given information:

Bond Life - 25 years

Sale value of bond - $1,000

Rate:

- Semi – annual bond – 10%

- second semi – annual bond – 6%

Original Issue Discount (OID) value of bond - $1,000

Bond value of OID – 25 years

First, we have to calculate total yield and its effectiveness for both type of bond:

rate  = 10%

The yield of bond = $1000 ×25 ×2× 10%

= $5000

Since the bond is sold, so it would be added while calculating total yield

So total yield = $5,000 + $1,000

= $6,000

Yield effectiveness = Total Yield / Bond price

= 6000 /1000

= 6

So, the yield effectiveness for bond par is 6 for this type of bond.

Rate = 6%

The yield of bond = $1000 ×25 ×2× 6%

= $3,000

Since the bond is sold,

So total yield = $3,000 + $1,000

= $4,000

Yield effectiveness = Total Yield / Bond price

= 4,000 / 6

= 666.67

So, the yield effectiveness for OID bond par is $666.67.

Now, after calculating the yield effectiveness of OID bond we can calculate the number of bonds for raising by the following formula

= amount  issued / yield effectiveness of OID bond

= $3,000,000./ $666.67

= 4500 bonds

Thus, 4500 bonds is to raise for issuing $3,000,000.

3 0
3 years ago
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