Answer:
Option (C) $178
Explanation:
Data provided in the question:
Startup expense incurred by the business = $9,000
Now,
The start-up costs and organizational expenses are deducted over a time period of 180 months
also,
$5,000 can be deducted in the first year by the startup expense.
Therefore,
Amortization amount reported as a "other expense" on Schedule C per month
= [ Startup expense - $5,000 ] ÷ 180
= [ $9,000 - $5,000 ] ÷180 = $22.22
for the year = $22.22 × Number of months left in the year from May
= $22.22 × 8
= 177.78 ≈ $178
Hence,
Option (C) $178
Answer:
It is cheaper to buy the product.
Explanation:
Giving the following information:
Production:
Direct material $45,000
Direct labor 30,000
Factory overhead (30 % is variable ) 98,000
Buy:
Total cost= $100,000
<u>I will assume that none of the fixed overhead avoidable. Therefore, we will take into account only the variable overhead.</u>
Total variable production cost= 45,000 + 30,000 + (98,000*0.3)
Total variable production cost= $104,400
It is cheaper to buy the product.
Consumer surplus drops when a good's price rises while keeping everything else constant.
<h3>What is consumer surplus ?</h3>
Consumer surplus is a financial estimate of the benefits that consumers receive from market competition. When customers pay less for a good or service than they would be willing to, this is known as consumer surplus.It measures the extra benefit that consumers get from paying less for something than they would have been prepared to.
In order to quantify the social advantages of public goods like national highways, canals, and bridges, the idea of consumer surplus was created in 1844. It has been a crucial tool for welfare economics research and government tax policy development.
To know more, consumer surplus, visit :
brainly.com/question/29025001
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I believe the correct answer from the choices listed above is option A. The term <span> that describes what a business has to pay to correct defective products would be the cost of quality. Hope this answers the question. Have a nice day.</span>
Answer: $12,000
Explanation:
As no production has been started yet, no other costs have been incurred by Naples for the equipment other than the $12,000.
The lowest price that Tebit should offer therefore should be the price that the equipment was purchased for as the equipment has not not been used to produce anything and so has not incurred any variable costs or donated any incremental value that would decrease or increase its value.
