Answer:
Profit= $106,682.52
Explanation:
Giving the following information:
Unitary Variable costs:
Direct material= 3,200
Direct labor= $2,300 ($15 per hour)= 153.33 hours
Manufacturing overhead is applied at $18 per direct labor hour.
Units sold= 42
Selling price= $10,800
Profit= Total sales - total variable cost
Profit= 42*10,800 - (3,200 + 2300 + 18*153.33)*42= $106,682.52
Answer:
Metrics Bias.
Explanation:
Metrics is defined as a standard of measurement while bias can be explained to occur when there is lack of fairness in arriving at a decision.
Using the same metrics within a company to evaluate the performance of different divisions where each division has its own unique characteristics will not give a fair decision and due to metrics bias as the metrics used may tend to favor some divisions more than others.
Too much money chasing too few goods is characterized by the term inflation.
Answer:
Correct option is A.
<u>In general, the basis to the recipient is the fair market value at the decedent's date of death.
</u>
Explanation:
If property is inherited by a taxpayer, <u>In general, the basis to the recipient is the fair market value at the decedent's date of death.
</u>
As per the the law when property is transferred on account of death, then basis to the recipient is the fair market value at the time of death of decedent's.
E. CHARGES A HIGHER PRICE FOR ITS PRODUCT
Because of less substitution available and barriers to entry.
