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maxonik [38]
3 years ago
11

The Consumer Product Safety Commission is a government agency that issues rules, orders, and decisions. The Colorado state legis

lature enacts statutes. The Washington County Board and the Silver City Council enact ordinances. Administrative law includes
a. all laws that affect a business's operation.b. the rules, orders, and decisions of the Consumer Product Safety Commission.c. statutes enacted by the Colorado state legislature.d. ordinances enacted by the Washington County Board and the Silver City Coun-cil.
Business
1 answer:
sergiy2304 [10]3 years ago
6 0

Answer:

B) the rules, orders, and decisions of the Consumer Product Safety Commission.

Explanation:

Administrative law refers to the laws that govern and regulate the activities of federal government agencies. Administrative law helps protect citizens rights when they engage in activities with the agencies. It also covers all the regulations, rules and orders that the agencies establish. Administrative law is a part of public law.  

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The Davis family purchased a house last year. They put $20,000 towards a down payment and took out a $265,000 mortgage. Because
velikii [3]

Budgeting is the earning of the estimated income and its expenditure on various bills and daily utilities. For maintaining a balance of income, budgeting is done so that expenses do not exceed the income.

$2,850 is a good yearly estimate of repairs and maintenance for the Davis family’s home.

<h3>How to estimate repair and maintenance?</h3>

Given,

  • Down Payment = $20,000
  • Mortgage = $265,000
  • Purchase price of the house = $285,000

1% of the purchase price is budgeted for repair and maintenance (X) and will be estimated as:

\begin{aligned} 1\% &= \dfrac{\rm X}{\$285000} \times 100\\&#10;\\&#10;\rm X &= \dfrac{1\% \times \$285000}{100\%}\\&#10;\\&#10;\rm X &= \$ 2850\end{aligned}

Therefore, <em>option c</em>. $2850 is the repair and maintenance cost.

Learn more about budgeting here:

brainly.com/question/26157456

8 0
3 years ago
A company sells 15,000 units of its single product annually. Annual revenues are $450,000, variable costs are $315,000, and fixe
valentinak56 [21]

Answer:

Decrease in profit = $9,000

Explanation:

The impact on the profit would be the sum of the increase in contribution from the special order less the lost contribution by forgoing the standard order.

Accepting the special order of 3,000 units would mean losing standard contribution on 2,000 units from the current sales unit of 15,000. Remember the company only has excess capacity of 1, 000 units i.e (16000-15,000) So, the additional 2,000 units would need to be forgone at standard price.

Variable cost per unit = 315,000/15,000 = $21

Standard selling price = 450,000/15,000 = $30

Special order price = $24

                                                                                                          $

Additional contribution from special order = (24-21) × 3,000 =  9,000

Lost contribution from forgoing standard order (30-21) × 2000 =(<u>18,000)</u>

Decrease in profit                                                                          <u> (9,000)</u>

By accepting the special order, the company would lose $9,000 of its profit

7 0
3 years ago
Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensatio
Andreas93 [3]

Answer with explanation:

It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.

7 0
3 years ago
ABC Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the producti
scoray [572]

Answer:

6,237

Explanation:

For computation of Abnormal spoilage totals first we need to find out the total spoiled units and normal spoiled units is shown below:-

Total spoiled units = Units in beginning Work in progress + Unit started - Units completed and transferred out - Units in ending Work in progress

= 23,000 + 76,500 - 72,100 - 19,000

= 99,500 - 72,100 - 19,000

= 8,400

and

Normal Spoiled units = Units completed and transferred out × Spoiled units percentage

= 72,100 × 3%

= 2,163

Abnormal Spoilage totals = Total spoiled units - Normal Spoiled units

= 8,400 - 2,163

= 6,237

Therefore for computing the abnormal spoilage totals we simply applied the above formula.

4 0
4 years ago
You interview with an athletic footwear manufacturer that has annual advertising expenditures of $32 million and total sales rev
son4ous [18]

Answer:

elastic.

Explanation:

The advertising elasticity of demand measures how sensitive a market and sales are to marketing expenses. Advertising elasticity is calculated by dividing the change in quantity demanded by the percentage change in advertising expenses. Generally products with low advertising elasticity tend to have elastic demands.

8 0
3 years ago
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