The amount of the surplus that is worthless to buyers and sellers but becomes tax income may be transferred to someone else through public policies, but it is not lost.
More about public policies:
The majority of the time, a government's established policies, laws, and behaviours make up its public policy. Concern over the new structure of government calls attention to how frequently state agencies now carry out these functions rather than the state itself.
By endorsing politicians and political parties, several individuals and organisations attempt to have an impact on public policy through the political process.
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Answer:
Option 4 Analytics
Explanation:
The reason is that business analytics uses the sophisticated patern of available data of the organization on the basis of the past data to make an assessment of the situation and make an informed decisions that benefits most to the company.
So here the company is using trends which include seasonal trends and forecasting techniques to assess the situation and make informed decision based on the data extracted which best alligns with Business analytics.
Answer:
The cost of product transferred to Finished Goods Inventory is $450,100
Explanation:
The computation of the cost of the product transferred to Finished Goods Inventory is shown below:
= Beginning Work in Process Inventory + direct material + direct factory payroll + overhead cost - Ending Work in Process Inventory
where,
Direct material = Total material - indirect material
= $211,000 - $34,800
= $176,200
Direct factory payroll = Total factory payroll - indirect labor
= $159,600 - $44,800
= $114,800
Overhead cost = 150% of direct labor cost
= 150% × $114,800
= $172,200
The other items values would remain the same
Now put these values to the above formula
So, the value would equal to
= $17,100 + $176,200 + $114,800 + $172,200 - $30,200
= $450,100