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3 years ago

12

Question 12 When you get a vaccine, it benefits others because you can't get them sick. If left to the free market, the socially

optimal amount of vaccines would be produced. vaccines would be underproduced. vaccines would be overproduced.

1 answer:

pickupchik [31]3 years ago

5 0

Answer:

yup you are right i think so idrk

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Lamp Corp. manufactures wooden desks. Production consists of three processes: cutting, assembly, and finishing. The following co

Liono4ka [1.6K]

Answer:

See the journal entry be;ow.

Explanation:

Given:

Cutting Assembly Finishing

Direct materials $7,000 $10,000 $3,000

Direct labor 3,000 14,000 2,000

Applied overhead 4,000 5,000 6,000

Therefore, the journal entry to assign costs incurred in the assembly process would be as follows:

<u>Details Debit ($) Credit ($) </u>

Work in process 10,000

Direct material 10,000

<em><u>(To record cost of direct material.) </u></em>

Work in process 14,000

Wages payable 14,000

<u><em>(To record direct labor cost.) </em></u>

Work in process 5,000

Manufacturing overhead 5,000

<u><em>(To record manufacturing overhead.) </em></u>

3 0

3 years ago

Your firm has the following income statement items: sales of $52,000,000; income tax of $1,880,000; operating expenses of $9

Serhud [2]

Answer:

30.77%

Explanation:

The computation of the gross profit margin is shown below:

Gross profit margin = (Gross profit ÷ Sales) × 100

where,

Gross profit would be

= Sales - costs of goods sold

= $52,000,000 - $36,000,000

= $16,000,000

And, the sales is $52,000,000

Now add these values to the formula above

So, the ratio would be equal to

= ($16,000,000 ÷ $52,000,000) × 100

= 30.77%

3 0

3 years ago

Hilton Hotels has diversified its lodging brands by adding Curio Collection, Tapestry Collection, and Canopy by Hilton, properti

Aloiza [94]

Answer:

The correct answer is D

Explanation:

Diversified is the term which is described as diverse or the varied. The hotels wants to have the different or varied brands so that the properties offer the personalized services, stylish and distinctive decors, which attract the professionals seeking the different alternatives.

So, in order to enhance the differentiation of the brands, the hotel should seek out or reach out the inputs which are of low quality.

6 0

4 years ago

Watchful Eyes Industries manufactures a multitude of safety products like burglar alarms, smoke detectors, surveillance cameras,

CaHeK987 [17]

Watchful Eyes would probably benefit from departmentalization by Customer type .

<u>Explanation: </u>

The departmentalization applies to the hierarchical structure and partnership between the company and different departments and management roles. As a company expands, its divisions are expanded and more site-units are formed, introducing more management layers.

LA Gear is also an example of a company utilizing departmentalization of the product. The system is based on its wide range of products like female footwear etc. Departmentalization of the operation – Grouping of product/service processes or customer flow behaviour

Departmental business services–Grouping on the level of specific clients or consumer forms, Jobs may be classified by the group of customers the company represents. I assume that each organization's customers have a specific set of problems and criteria which specialists can better fulfill.

7 0

3 years ago

Jamie is single. In 2020, she reported $108,000 of taxable income, including a long-term capital gain of $5,800. What is her gro

Harlamova29_29 [7]

Answer:

$19,478

Explanation:

<u>Computation of tax liability</u>

i. Total income excluding LTC gain = 108,000 - 5,800 = 102,200

ii. Tax on 102,200 as per single tax schedule = 14605.5+((102200-85525)*24%) = 18607.50

iii. Tax on LTC gain at 15% = 5800 * 15% = 870

So, Gross Tax liability = $18607.50 + $870 = $19477.50 = $19,478

Note: As per Long term capital gain schedule

4 0

3 years ago