Answer:
all of the above
Explanation:
The law related to the effective minimum wage could be predicted for non-skilled workers market, it raised the employment for some workers that are impacted, the number of firms should be increased, it decreased the non-skilled workers hours
So all of the above options is correct as it included all
Answer: $46000
Explanation:
The manufacturing overhead for the month will be calculated as:
Indirect labour = $15000
Add: Indirect material = $4000
Add: Factory electricity gas = $8000
Add: Factory supervisor salary = $12000
Add: Depreciation on factory building = $7000
Therefore, the total manufacturing overheads would be gotten by adding the above values together whihc will be equal to $46000.
Answer:
It is a better deal to keep the old equipment
Explanation:
![\left[\begin{array}{cccc}&New&Old&Differential\\$leasing cost&0&-23,000&23,000\\$operarting cost&-26,000&-12,500&-13,500\\$operating income&-26,000&-35,500&9,500\\$tax shield&4,200&0&4,200\\$Result&-21,800&-35,500&13,700\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26New%26Old%26Differential%5C%5C%24leasing%20cost%260%26-23%2C000%2623%2C000%5C%5C%24operarting%20cost%26-26%2C000%26-12%2C500%26-13%2C500%5C%5C%24operating%20income%26-26%2C000%26-35%2C500%269%2C500%5C%5C%24tax%20shield%264%2C200%260%264%2C200%5C%5C%24Result%26-21%2C800%26-35%2C500%2613%2C700%5C%5C%5Cend%7Barray%7D%5Cright%5D)
each year the new equipment generates a 13,700 adidtional cash outflow
We should check if the cost saving per year at 8% will have a present value lower than the proceed from the sale:
C 13,700.00
time 5
rate 0.08
PV $59,076.1377
As the differential cost exceeds the amount of proceed we would get if the old equipment is sold we already conclude we should keep it
Answer:
diminishing marginal utility
Explanation:
According to diminishing marginal utility, the utility of consuming an extra unit increases until a point. After that, the utility tends to diminish from consuming an extra unit. The marginal benefit to society of reducing pollution declines due to diminishing marginal utility concept. The benefit of a decrease in pollution starts to decline after a certain period of time.
Answer:
$25,200 and $58,800
Explanation:
The computation of the depreciation expense and the book value using the sum-of-the-years'-digits method is shown below:
The depreciation expense is
= (Purchase cost - residual value) × useful life ÷ (sum of years)
= ($84,000 - $8,400) × 5 years ÷ (1 + 2 + 3 + 4 + 5)
= $75,600 × 5 years ÷ 15 years
= $25,200
And, the book value is
= Purchase cost - depreciation expenses
= $84,000 - $25,200
= $58,800
We simply applied the above formulas
