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Kay [80]
3 years ago
8

Suppose that the U.S. Government decides to charge draft beer drinkers a tax. Before the tax, 35 million glasses of draft beer w

ere sold every year at a price of $6 per glass. After the tax, 29 million glasses of draft beer are sold every year; consumers pay $9 per glass (including the tax) and producers receive $5.50 per glass. The tax burden that falls on consumers is $ ____ per glass,
Business
1 answer:
RUDIKE [14]3 years ago
7 0

Answer:

$3 per glass

Explanation:

THe consumer are paying (9-6) per glass, so $3 higher.

Most other data in the question seems irrelevant.

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In March, Kelly Company had the following unit production costs: materials $12 and conversion costs $8. On March 1, it had zero
pochemuha

Answer:

A) the total units to be accounted for = 23,980 + 4,600 = 28,580 units

B) the total material equivalent units = 23,980 finished units + 4,600 = 28,580 units

total conversion equivalent units = 23,980 finished units + (4,600 x 30%) = 23,980 + 1,380 = 25,360

C) cost reconciliation schedule:

Cost accounted to finished goods 23,980 x (12 + 8) = $479,600

Cost of material in process  

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conversion cost in process  1,380 x 8     = $11,040

<u>                                                                                                  $66,240   </u>

total cost                                                                                 $545,840

3 0
3 years ago
Which sentence in this excerpt from Ambrose Bierce's "An Occurrence at Owl Creek Bridge" uses personification? Excepting the gro
Harrizon [31]

Answer:

The sentence in this excerpt from Ambrose Bierce's "An Occurrence at Owl Creek Bridge" that uses personification is:

Death is a dignitary who when he comes announced is to be received with formal manifestations of respect, even by those most familiar with him.

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Here, Ambrose Bierce or the narrator addresses death as a person.  He makes death to become a dignitary, capable of visiting a person or community.  Grammatically, personification is a literary device or a figure of speech in which human attributes or characteristics are ascribed to non-human things or objects as if they were human.  It uses metaphor, another literary device, to achieve this attribution.

3 0
3 years ago
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If the government imposes a maximum price for milk that is above the equilibrium price:
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3 years ago
There is a difference between the income tax payable account and the income tax expense account in the financial statement of th
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Explanation:

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