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3 years ago

Government can reallocate resources of an economy through taxes, ________ payments, and by providing direct services..

Business

1 answer:

malfutka [58]3 years ago

5 0

Answer:

B. transfer

Explanation:

Transfer payment is when income is received and neither goods or services are exchanged.

Transfer payment is a form of reallocation of resources.

I hope my answer helps you

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Alpha Company sold goods to customers who used Under-the-Hill bank credit cards. Credit card sales on July 8, 2016 amounted to $

adoni [48]

Answer:

Accounts receivables -under-the-Hill 11,700 debit

credit card fees expense 300 debit

sales revenues 12,000 credit

Explanation:

The credit card fee is considered an expense

$12,000 x 0.025 = 300

We will debit our accounts receivables for the difference between the 12,000 billed and the fee charged for Under-the-Hill credit car:

12,000 - 300 0 11,700

5 0

3 years ago

An annual report for International Paper Company included the following note:The last-in, first-out inventory method is used to

Vilka [71]

FIFO method :

Amount of Net Ducome GA per F1 Fo

Net Income (After Tan) $2144 mule

Add Income Tan Changed

(2144 X 100/70) X 30%. 76 $918.857 rude

$3062.857 nis

Add Closing Inventory Incrare as bei FIFO 293

Lesso Open Deventory Ducres asper FIFO (290 nulls)

Income before Taxes 3065.857 null

Income Taxes 30 y. (919.757 null)

Net Income 2146. to Pullen

FIFO ("first in, first out") is based on these production costs, assuming that the oldest products in a company's inventory are sold first. The LIFO (last in, first out) method assumes that the newest product in the company's inventory was sold first, and uses that cost instead.

FIFO (First In, First Out) Inventory Management evaluates inventory to reduce the likelihood of business losses when products are phased out or discontinued. LIFO (last in, first out) inventory management is suitable for non-perishable goods and uses the current price to calculate the cost of goods sold.

Learn more about FIFO at

brainly.com/question/24938626

#SPJ4

6 0

1 year ago

Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations a

VARVARA [1.3K]

Answer:

Basic = $140.82

Dominator = $392.216

Explanation:

For Basic:

Total cost for Basic:

= Direct materials costs + Direct labor costs + Manufacturing overhead

= $ 11,000 + $72,000 + $128,232

= $211,232

Per unit cost:

= Total cost for Basic ÷ Number of units produced

= $211,232 ÷ 1,500

= $140.82

For Dominator:

Total cost for Dominator:

= Direct materials costs + Direct labor costs + Manufacturing overhead

= $3,500 + $34,000 + $60,554

= $98,054

Per unit cost:

= Total cost for Basic ÷ Number of units produced

= $98,054 ÷ 250

= $392.216

Workings:

Manufacturing overhead (Basic):

= Manufacturing overhead costs × (Direct labor costs ÷ Total direct labor costs)

= $188,786 × ($72,000 ÷ $106,000)

= $128,232

Manufacturing overhead (Dominator):

= Manufacturing overhead costs × (Direct labor costs ÷ Total direct labor costs)

= $188,786 × ($34,000 ÷ $106,000)

= $60,554

7 0

3 years ago

Why are parents buying more puzzles than

blagie [28]

Answer:

Explanation:

children are more bored than ever so parents buy them puzzles so they stay busing doing something instead of saying they are bored to their parents every 3 seconds.

5 0

2 years ago

MATCH EACH TERM WITH EACH DEFINITION

aliya0001 [1]

Answer:

grace period = 2

credit report= 4

secured card = 3

annual percentage rate = 1

8 0

3 years ago