Answer:
Correct answer is a.$13,500.
Explanation:
To calculate work in process ending inventory we will add opening balance of work in process to all cost transferred to work in process during the period. The cost of good manufactured is subtracted from it. Cost of good manufactured become part of finished good inventory. Detail calculation is given below.
WIP opening balance $ 11,000
Direct Material $ 27,000
Direct Labour $ 25,000
FOH $ 18,750 (75%* 25,000)
Cost of goods manufactured ($68,250)
WIP ending balance $ 13,500
Answer:
A real estate transaction would generate a high commission for an agent but would associate the agency with the destruction of a beloved local landmark.
Explanation:
there would be a conflict of interest between the organisation and the sales person when the interests of both parties do not align.
The goal of the sales person is to earn the highest possible commission. While, the goal of the firm would be to earn profit and a have a positive image.
If the agent makes the sale, he earns a high commission but this would cost the firm its positive image. thus, the interest of both parties are at odds. this would generate a conflict of interest
Answer:
a) 6 dollar per ticked
b) from 25 to 35 the young adult will be charged with a higher price whilethe other groups, elderly, teenagers and children with a minimum price of 6
Explanation:
Erin $ 6 9
Grace $ 9 14
David $ 7 16
Charlie $ 6 45
Allison $ 8 66
<em>Franco $ 10 28</em>
<em>Becky $ 11 34</em>
a) the max revenue comes from charging 6 dollar per ticket:
7 people x 6 dollar = 42 dollars
if we charge more like seven dollar then, we lose two customer and we don't make up for that lose:
5 people x 7 dollars = 35 dollars
b) the young-adult group will be the target to price discrimination they will be charged with 10 dollars if the cinema could do it.
Answer:
Ideally, the amount of the social security payout depends on the average lifetime earning of the residents of the country. The government averages the earning and then finalizes on the amount to be paid by each of the resident. If the payroll tax increases, in the longer run a few workers will get affected but, in the short run the increase has its immediate effect on 92% of the workers. Out of the 92%, 78% have a phase out option whereas 48% of them are under the as-needed scenario.
But, the longer a rate increase is delayed, the higher the increase in lifetime taxes for later generations. Workers born1936–1990 would have higher increases in lifetime taxes under an immediate rate rise, workers born 1996–2005 would generally have higher increases in lifetime taxes under phased increases, and workers born 2006–2015 would have higher increases in lifetime taxes under as-needed increases. The future workers would experience the smallest tax increases under the immediate option. Lifetime taxes for workers born 2011–2015 would rise 16 percent under an immediate increase, 27 percent under phased increases, and 33 percent under as-needed increases.
Thus,The increase in the payroll taxes will increase the cost for the people at different income level, as it is calculated on the basis of the income of the individual. As the women are paid lesser than their male counterparts, it can be said that the male population will be affected more by the increase in the social security payout.
Explanation:
