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3 years ago

What are the cost and consequences of providing welfare payments and consumer subsidies

1 answer:

4 0

The cost is clearly came from the national Budget. By providing welfare payments and subsidies, there will be less budget for other Government's plan.

As for the consequences, there are positive and negative consequence
Positive :
- It could improve the quality of life of the people in that country

Negative :
- There's a risk that people could rely on the welfare too much and became heavily dependent on it

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What are The two segments of the organization's environment

vitfil [10]

General and specific

4 0

3 years ago

Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding D

kogti [31]

Answer:

Cost per EUP Materials: $2,05

Explanation:

Units Materials Conversion

Beginning WIP: 25,000 25,000 (100%) 13,750 (55%)

Units Transferred Out: 135,000 135,000 135,000

Ending WIP: 30,000 30,000 (100%) 9,000 (30%)

Equivalent Units of Production (FIFO): Units Transferred Out + Equivalent Units in ending WIP - Equivalent Units in Beginning WIP

EUP Materials: 135,000 + 30,000 - 25,000 = 140,000

Cost per Equivalent Unit (FIFO): Total Cost Incurred in the Period / Equivalent Units of Production

Cost per EUP Materials: 287,000 / 140,000 = $2,05

7 0

3 years ago

On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four year us

BabaBlast [244]

Answer:

a- $4,000.

Explanation:

Double Declining Method

The Accelerated depreciation is charged in this method. The depreciation charged in this method is double of the charged in straight-line depreciation method.

Wecan calculate the depreciation as follow

First, calculate the Double declining rate as follow

Depreciation rate = 2 x (1/useful life) x100 = 2 x (1/4 years) x100 = 50%

Now, Charge this rate to the book value of the asset.

Year 1

Depreciation = Book value x Depreciation rate = $48,000 x 50% = $24,000

Year 2

Book value at start of Year = $48,000 - $24,000 = $24,000

Depreciation = Book value x Depreciation rate = $24,000 x 50% = $12,000

Year 3

Book value at start of Year = $24,000 - $12,000 = $12,000

The Depreciation can be charged upto the salvage value.

Depreciation = Book value - Salvage Value = $24,000 - 8,000 = $4,000

3 0

3 years ago

The Organization for Economic Cooperation and Development (OECD) has become more focused on global issues, social policy, and la

Virty [35]

Answer:

All of the above

Explanation:

All the actions described in the question are necessary to advance the OECD goal of focusing more on global issues, social policy, and labor market regulations.

Actions against bribery help address problems in labor markets and social policy because in many countries bribery is endemic in these sectors.

Helping member nations assess their economic policy, and forming committees to establish social policies is useful to improve economic, social, and labor conditions in member nations, advancing the goals described above.

6 0

3 years ago

You are the lead team member of a warranty claim team within the Andrews Company. Your team has had an average year, with profit

enot [183]

Answer:

"Perhaps we should explore which stakeholders would stand to win or lose from such a decision."

Explanation:

An ethical decision is one that is aimed towards generating trust from other parties. It shows responsibility, fairness, and caring towards a person.

In this scenario your manager suggests you postpone processing any existing claims in the 4th quarter until the new fiscal year (some claims are as high as $150,000).

The best ethical response will be - Perhaps we should explore which stakeholders would stand to win or lose from such a decision.

This will result in self reflection about who will be affected by the decision. The consideration will not be just the immediate 4th quarter impact of postponing the warranty claims.

This is the most ethical decision among the options.

5 0

4 years ago