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hichkok12 [17]
3 years ago
5

Resources are a. scarce for households but plentiful for economies. b. plentiful for households but scarce for economies. c. sca

rce for households and scarce for economies. d. plentiful for households and plentiful for economies.
Business
1 answer:
GenaCL600 [577]3 years ago
6 0

Answer:

c. scarce for households and scarce for economies.

Explanation:

One of the most popular definitions of economic sciences is that this field studies the allocation of scarce resources. This reference to scarcity is a general consensus that exists within economic scientifics and makes no exceptions: the economy is a virtual entity consititued by households, individuals, firms, government and environment. Is not logical to assume scarcity in the economy and plentiful in the households and viceversa.

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The Taffy Trust is a simple trust. Sean is its sole beneficiary. In the current year, the trust earns $12,000 in taxable interes
algol [13]

<u>Solution and Explanation:</u>

a. <u>Accounting income is computed below: </u>

Taxable interest 12,000.00

Rental income 30,000.00

Long term capital gain 0.00

Long term capital loss 0.00

Fees 0.00

Less: depreciation -2,800.00

Trust accounting income 39,200.00

<u>b.</u> One half of fiducary's fee = 6500 divided by 2 = 3250. This amount will be allocated to accounting income of the trust.

Taxable interest 12,000.00

Rental income 30,000.00

Long term capital gain 4,000.00

Long term capital loss -1,100.00

Fees -3,250.00

Depreciation -2,800.00

Trust accounting income 38,850.00

3 0
3 years ago
Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-
olga55 [171]

Answer:

Compute overhead applied and the under- or overapplication of overhead for the period

Budgeted Rate = $1,600,000/ 400,000 machine hours

                         = $ 4 per Machine Hour

Overheads Applied = 390,000 × $ 4 per Machine Hour

                                       = 1,560,000

Actual Overheads            = 1,575,000

Less Applied Overheads = 1560,000

Under- Applied                =     15,000

Explanation:

<u>Overheads are Applied as follows:</u>

Actual Activity for the period × Budgeted Overhead Rate

<u>Budgeted Rate is determined as follows:</u>

Budgeted Total Overheads/Budgeted Activity

<u>Under- or Overapplication of overhead is determined as follows:</u>

Actual Overheads - Applied Overheads

Under Application is therefore : Actual Overheads > Applied Overheads

Over Application is therefore : Actual Overheads < Applied Overheads

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2. A. Feasibility report

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How does good health contribute to career success?
Dahasolnce [82]
It allows for one to live a healthier, happier, positive, successful life. Good health permits a stronger body and therefore better performance in the work place and an overall sense of optimism. 

xx :)
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12. Charlotte was not hungry that morning, so she just had a smidgen of cake at the office birthday party.
OLEGan [10]
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