Answer:
On the basis of given information, I'll increase my production of nails.
Explanation:
The reason for increase in production of nails are as follow:
- The fact that overall market supply of nails will decrease by 2 % due to exit by the foreign competitors that means my competition will decrease and it will increase the market share for me.
- The fact that the overall demand of nails will increase by 2 % means that now I can increase my production in order to meet the supply and demand gap.
These two facts show that it is good opportunity to increase the production as the demand has increased and competition has decreased.
Answer:
B
Explanation:
Inferior good is a good whose demand decreases when income increases
The substitution effect looks at the change in price of a good relative to other goods. When the price of good x increases, rob should increase consumption of good y and reduce that of good x if it were a normal good
The income effect looks at how a change in price affects real disposable income
Answer:
MW Company
Activity rate for order process = $54,120/660
= $82 per order
Explanation:
a) Data and Calculations:
Production = 16,500 units
Direct labor = 19,800 hours
Machine hours = 21,450 hours
No. of orders = 660
No. of shipments = 165
Order-processing cost pool = $54,120
Shipping cost pool = $14,025
Assembly cost pool = $71,280
Activity rate for order process = $54,120/660
= $82 per order
b) MW Company uses an activity-based costing system to identify its activities into cost pools and assign the cost of each activity pool to the products and services according to their actual consumption of the activities. The activity-based costing technique provides a more accurate method for determining the costs of products and services. As a more accurate method for pricing decisions than other traditional methods, activity-based costing technique increases management's understanding of overheads and cost drivers and makes activities that are costly and non-value adding to become more visible, allowing managers to reduce or eliminate them, because these activities add costs to the production system.
Answer:
correct option is $5,750
Explanation:
given data
amounts were both zero
suspended loss = $20,750
additional capital contributions = $5,750
to find out
How much loss may J. D. deduct in 2019
solution
loss may J. D. deduct in 2019 is $5,750
we know that post transmination period end of 15 September
it is extended here due date of final tax return
it is standardize so that J.D. only deduct loss to extend of his contribution on march
so 2nd contribution make on 15 September
so correct option is $5,750
Answer:
$10,000
Explanation:
The maximum contribution you can made to SEP shall not exceed the lower of the following two limits for 2020:
1. 25% of total compensation paid to employee.
2. $57,000
By applying the above rule to the given scenario in question, the maximum contribution allowed by the Anthony to be made to SEP for Debra shall not exceed:
25% of total compensation=25%*40,000=$10,000
