Answer:
$13400
Explanation:
<u>Workings</u>
Unit of of production
Direct materials - 3.10
Direct labor - 7.70
Variable manufacturing overhead - 8.2
Supervisor's salary - 3.6
Depreciation - 2.00
Allocated general overhead 7.20
Total cost - 31.8
Cost per year = 31.8*14000
445,200
Cost of buying = 25.50
Allocated general overhead - 7.20
Total cost =32.7
Annual cost 32.7*14000 = 457800
Annual opportunity cost of internal production = 26,000
The overall advantage of buying = 26000 - (457800-445200)
= 13,400
Answer: Option (A) is correct.
Explanation:
If there is a higher inflation rate in an economy and it is still rising because aggregate demand is rising at a faster rate than an aggregate supply.
So, there is a need to use contractionary fiscal policy. If the government increase taxes then as a result aggregate demand decreases. This is because of the fall in disposable income, with less income in hand consumers demand for the goods decreases.
Hence, this contractionary fiscal policy will help government to reduce inflation to some extent.
Answer:
Assuming that we are talking about this year, or the recent past, Corporation XYZ's tax expense = $70,000 x 21% = $14,700.
Explanation:
The Tax Cuts and Jobs Act (2017) set the corporate tax rate at 21%, and that applies to all corporations. Before the TC&JA the corporate tax rate was 35%.
It's a special privilege (<span>freedom or immunity)</span> granted to an individual or a group.
Hope this helps !
Photon