Answer:
A) Under no circumstances
Explanation:
Major Construction & Manufacturing Corporation makes a side payment to a government official in India. Under the Foreign Corrupt Practices Act, this is permitted Under no circumstances
Answer: The options available to Will include; the Keogh plan, the SIMPLE IRA and the ROTH plan.
Explanation: The Keogh plan is a tax- deferred benefit plan available to self employed individuals or unincorporations.
A Savings Incentive Match Plan for Employees Individual Retirement Account, "SIMPLE IRA" is a tax-deferred retirement plan provided by the employer that allows employees to set aside money and invest it to grow for retirement.
A Roth IRA is an individual retirement account that is generally not taxed upon distribution, provided certain conditions are met.
The best definition is:
D. Profit is the financial gain for business activity minus expenses.
Explanation:
Profit is basically met by the two factors which are
-The expense met by the firm in producing the product
-The price it actually sold for in the market.
If the second factor is indeed bigger than the first, then there is profit.
Indeed, there must also be a consideration that the expenses would also include marketing, transportation and the cost for intermediaries.
It would not production cost but it would be the cost of getting the product to the consumer.
The answer is trough. In economics, it is a low decision point or a local minimum of a business cycle. The time fruition of many variables of economics display a wave like performance with local maxima or also known as peaks subsequent to local minima or troughs. A business cycle may be demarcated as the period between two successive peaks.
Answer:
Total cost per unit using absorption costing = $34
Explanation:
Absorption costing is method of costing where overheads are charged to units produced using volume-based bases. e.g machine hours, labour hours e.t.c. Units are valued using full cost per unit
Full cost per unit= Direct material cost + direct labor cost + Variable production overhead + Fixed production overhead
Fixed production overhead = Budgeted overhead/Budgeted production units
unit cost for 2,000 units
Fixed production overhead = $3,144,000/524,000= 6
Total cost = 6 + 11+ 17 = 34
Total cost per unit using absorption costing = $34