Answer: a. 33,000 b. $110
Explanation:
The following information can be derived from the question:
The total cost allocated to the bookkeeping services using activity-based costing will be:
Office Supplies will be:
= (16000 × 1200) ÷ (1200 + 800)
= 19200000/2000
= 9600
Computer Fees will be:
= (24000 × 400) ÷ (400 + 600)
= 9600000/1000
= 9600
Secretary's Salary will be:
= (30000 × 16) ÷ (16 +84)
= 480000/100
= 4800
Rent will be:
= (18000 ×™1) ÷ (1+1)
= 18000/2
= 9000
Therefore, the total Cost that is allocated will be:
= 9600 + 9600 + 4800 + 9000
= $33000.
b. Here, we are told that Martin wants her hourly fees for the tax services to be 160% of their activity-based costs. Therefore, the fee per hour for tax services in the upcoming year will be:
= [(88000 - 33000)/800] × 160%
= (55000/800) × 1.6
= 68.75 × 1.6
= $110
Answer: The right answer are: a)the neighborhood will negociate to get the pollution cleaned up. b)the neighborhood will required the coal factory to clean up the pollution
Wages would fall as the number of workers available grows. Landowners in Louisiana will earn more rent as the demand for land increases.
<h3>What is the
law of demand and supply?</h3>
The law of supply and demand is still in effect:
Wages: when the amount supplied increases, but the quantity required does not, the price falls.
When the quantity required increases without the quantity supplied increasing, the price rises.
Thus, Wages would fall as the number of workers available grows.
For more details about law of demand, click here:
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Answer:
The correct statement is; Limited liability is an advantage of the corporate form of organization to its owners (stockholders), but corporations have more trouble raising money in financial markets because of the complexity of this form of organization.
Explanation:
A limited company can either be private or public. A limited company posses these 2 key features namely;
1. Limited liability- the liability of shareholders is limited to the amount of their investment in the company.
2. Seperate legal existence- a limited company can in it's name sue, be sued and enter into contracts.
Limited liability means that the investors can only lose the money they have invested and no more, meaning lenders have to keep this in mind when issuing loans to limited companies.
