Answer:
$6,000 incremental cost
Explanation:
Manufacturing the widgets in-house would be a more cost effective method than buying from Bowden Company.
Direct Costs relating to in-house manufacturing (of 100,000 units) are as follows:
Direct material = $31,000
Direct labour = $29,000
Manufacturing overhead directly related to the manufacture of the widgets: $16,000.
Therefore, total direct costs = $76,000.
Only the portion of manufacturing overhead directly affected by the widget production needs to be account for. This is because manufacturing overhead will be incurred irrespective of whether Mallory Company produces the widget or not. Therefore, manufacturing overhead is not an incremental cost incurred by the widget production, except for the portion directly affected.
Accordingly, producing in-house ($76,000 direct cost) is more cost effective that buying from Bowden Company ($82,000) by $6,000.
The incremental cost if the widgets are bought instead of made is therefore $6,000.
Answer:
$41,000
Explanation:
Gross income an individual or individuals is the total amount of income that he or they receive from his or their employer(s) before taxes are deducted and other allowable deductions are made.
The gross income is an aggregation of all income from all sources whether the income is received in cash or in kind. That is, part of the income to consider when calculating gross income are income received in kind like property or services received.
From the question, the gross income of Hermano and Rosetta can be calculated by adding all the income they received from all sources before tax are deducted as follows:
Gross Income = Social Security benefits + Interest on savings account + Taxable pension payment
Gross Income = $10,000 + $3,000 + $28,000
= $41,000.
Therefore, the gross income of Hermano and Rosetta is $41,000.
<span> law of demand.......................</span>
Answer and Explanation:
1. This is a project because it is carefully planned and follows a series of tasks to achieve a particular goal
2. Project is at initiation stage. It is yet to be approved and discussions are still on
3. Two organizational process assets (OPA) are : checklist, lessons database. Two Enterprise environmental factors(EEF): Organization management, group performance. EEF enable project managers understand their environment and factors that influence the project which may be beyond their control. OPAs here will enable organization learn from the knowledge base and everything other thing already acquired by management that can be used in the project or from projects initially executed by organization
4. Since LLS is a matrix organization(answering to both functional head and project manager), employees involved in the project would answer to project manager and project manager reports to functional head
5. The important to have in mind while writing project objectives is the goal of the project while considering threats and opportunities surrounding reaching the goal of the project. Clear objectives are important as they form guidelines to achieving project goal.
Answer: B. regressive taxation
Explanation:
Regressive taxation is a form of taxation where people who earn higher income pay a less percentage of income as tax while those who earn less income pay a higher percentage of income as tax.
Progressive taxation is a form of taxation where people who earn higher income pay a higher percentage of income as tax and those who earn less income pay a lower percentage of income as tax.