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3 years ago

In terms of GNI PPP, excluding Singapore, the wealthiest nations of Southeast Asia are

1 answer:

7 0

The wealthiest nations of Southeast Asia, excluding Singapore (which is one of the wealthiest countries in the world) are Thailand and Malaysia, with Malaysia being in the 130th position according to GNI (Gross national Income) and Thailand in the 120th position (the higher the number the bigger the GNI). After this it's Indonesia in the 72nd place.

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At the beginning of the year, manufacturing overhead for the year was estimated to be $859,200. At the end of the year, actual d

BaLLatris [955]

Answer:

estimated direct labor hours= 35,800

Explanation:

Giving the following information:

The estimated manufacturing overhead= $859,200

The actual direct labor-hours= 36,300 hours

The actual manufacturing overhead= $830,000

Manufacturing overhead for the year was overapplied by $41,200

To calculate the estimated direct labor-hours, we need to reverse engineer the allocated overhead process.

Under/over applied overhead= real overhead - allocated overhead

-41,200= 830,000 - allocated overhead

allocated overhead= 871,200

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

871,200= Estimated manufacturing overhead rate*36,300

Estimated manufacturing overhead rate= $24 per direct labor hour

Finally, the estimated direct labor hours:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

24= 859,200/estimated direct labor hours

estimated direct labor hours= 859,200/24

estimated direct labor hours= 35,800

8 0

3 years ago

What are the sources of income of the government?

aniked [119]

There are three main sources of income of the the government :
1) individual income tax
2) corporate income tax
3) payroll tax

7 0

3 years ago

A MAIN reason cited by American businesses for outsourcing jobs to other countries is the high cost of

djverab [1.8K]

Answer:

The correct answer is A. A main reason cited by American businesses for outsourcing jobs to other countries is the high cost of labor in the United States.

Explanation:

Outsourcing means separating from the organizational structure of the enterprise some functions performed by them independently and transferring them to other entities for execution. This decentralization process is very evident in American companies that produce manufactured goods, which place the primary production processes in other countries such as China, Mexico or Vietnam, among others, to produce their products at a lower cost, given the lower costs. labor (lower wages, lower taxes, less expensive regulations, etc.).

3 0

2 years ago

Read 2 more answers

Which of the following would an economist classify as capital? Group of answer choices lawyer's computer. $50 bill. 100 shares o

snow_tiger [21]

Answer:

lawyer's computer.

Explanation:

For the economist a stock is capital that can earn income or good that person holds and can sold for a particular price.

In this case the lawyer's computer is a good that the lawyer owns and can be exchanged for money. Also the lawyer can use the computer to help treat court cases thereby earning income.

8 0

3 years ago

Locked-In Real Estate (LIRE) is preparing for their Initial Public Equity Offering (IPO). With its holdings consisting of rent c

jeka57 [31]

Answer: $62.50

Explanation:

The stock price of Locked-In Real Estate (LIRE) will be calculated thus:

Stock price = D /ke - g

where,

D = Dividend paid per share = $7.50

Ke = expected rate of return on equity = 12% = 0.12

g is growth rate of dividend = 0

Stock price = $7.50/0.12

Stock price = $62.5

Therefore, the stock price is $62.50

4 0

3 years ago