Answer:
True
Explanation:
Protectionism refers to barrier on import products by restricting products from the foreign market. it can be achieved by putting heavy taxes on imports or implying strict regulation on import products.
it is not a fixed approach it is done when a country decides to go strong in the manufacturing field or want to strengthen its domestic industries by giving subsidy for setting up industries.
Answer:
The correct answer is $10,800.
Explanation:
According to the scenario, the given data are as follows:
Jill's salary = $90,000
Jill's maximum contribution = 12%
So, we can calculate Jill's maximum tax-deferred contribution by using following formula:
Maximum tax-deferred contribution = Jill's salary × Maximum contribution percentage.
= $90,000 × 12%
= $90,000 × 0.12
= $10,800
Hence, Jill's maximum tax-deferred contribution to the plan for the year is $10,800.
Answer:
False
Explanation:
Farm cooperatives remain by far the most important food source in the world, both for direct human consumption and, indirectly, for livestock production inputs.
Since the mid-sixties, the world has managed to increase cereal production by almost one billion tons.
The business has expanded in recent decades, becoming a very prosperous industry.
Answer:
D) = $3,927
Explanation:
<em>The cost of a product is the addition of direct material cost + direct labour cost + manufacturing overheads</em>
<em>Overhead absorption rate</em><em> = </em><em>Budgeted Overheads/ Budgeted machine hours</em>
= $45,000/100,000 hours
= $0.45
<em>Product cost</em><em> </em>= 2,000 + 400 + (0.45× 900)
= $2,805
<em>Bid price</em> = Product + ( mark up)
= 2,805 + (40% × 2,805)
= $3,927
<em>Bid price</em> = $3,927
