Answer:
The price of the cereal would fall.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
When there is a surplus of a new brand of cereal in the market. What will likely happen to the price of the cereal is that the its price would fall.
Answer:
- Materials ⇒ 70,725 units
- Conversion ⇒ 68,600 units
Explanation:
Using the weighted average method, the equivalent units are the Units transferred out plus the equivalent closing inventory.
Materials:
= Units transferred out + Closing equivalent units
= 63,500 + (85% * 8,500)
= 70,725 units
Conversion:
= 63,500 + (60% * 8,500)
= 68,600 units
I think the most appropriate answer would be C.
I hope it helped you!
Answer:
The correct response will be:
(a) 15%, 21%
(b) 15%
Explanation:
(a)
Otter Company would be entitled to subtract a dividend received equal to 50% including its dividends it obtained. For the continued membership including its dividends, these will pay an income tax of 21 percent.
- The organization would then expect to be paid 21 percent tax mostly on the remaining part including its dividend while the federal income rate that is applied to it would be 21 percent.
- A business but with much less than 20 percent investment is given just 50 percent including its allowance as well as the additional dividend revenue is exempted from taxes of 21 percent.
(b)
Gerald would have all the split ones in sales. At either the 15 percent rate, he is going to pay tax.
