Answer:
Blanchette Plant Service
ABC Costing Technique:
1. Total cost of the Kerry job:
Plants = $750
Direct labor = 1,300
Total cost = $2,050
2. Determination of operating income or loss (Kerry's job):
Service Revenue = $3,540
less cost of service 2,050
Operating income = $1,490
3. With desired operating income of 30% of cost:
Operating income = $615 ($2,050 x 30%)
The company can charge the Kerry job $2,665 ($2,050 + 615) or ($2,050 x 1.3)
Explanation:
Operating income or loss is the difference between revenue and costs of providing the services or goods. When the revenue exceeds the operating cost, the difference is an operating income. When the revenue is exceeded by the operating cost, the difference is an operating loss. While the former means that the organization has added value to its resources, the latter implies that the organization has lost some value to its resources, thereby reducing the equity of the owners in the business entity.
Answer:
Laissez-faire capitalism
Explanation:
Laissez-faire capitalism allows very little room for the national government to regulate trade or restrict the use of private property, even in the public interest. Americans strongly embrace capitalism, but they do endorse some restrictions in the interest of protecting the public.
Answer:
The market price of the product will fall in response to the subsidy.
Explanation:
buyers can end up capturing some of the benefit because the market price of the product will fall in response to the subsidy. the market price of the product will rise in response to the subsidy.
Using simple interest, she will have $410 at the end of six months.
Principle = $400
Rate = 5%
Time equals 6 months, or 0.5 years.
Simple interest is equal to PRT/100.
S.I. = 400*5*(1/2)/100
S.I. = 10
Consequently, $400 plus $10 equals $410.
<h3>What is simple interest?</h3>
To calculate the amount of interest that will be charged on a loan, use the quick and easy formula known as simple interest. For the purpose of calculating simple interest, the daily interest rate, the principal, and the number of days between payments are multiplied.
A loan's principal or the first deposit into a savings account serves as the basis for simple interest. Because simple interest doesn't compound, a creditor would only pay interest on the principal sum, and a borrower will never have to pay interest on the interest that has already accrued.
Learn more about simple interests, from:
brainly.com/question/25845758
#SPJ1
Answer:
c.Unlike nonprofit organizations, for-profit organizations focus on gaining competitive advantage in the marketplace.
Explanation:
The nonprofit organization is that organizations whose aim to focus on the welfare of the society as a charity, donation, etc. It can provide services in educational, research, etc,
Whereas, Profit organization is those organization whose focuses to maximizing their profit and minimizing their cost so that it would gain a competitive advantage in the marketplace. Its focuses is to target as the general public.
Hence, option c is correct
