I believe the answer is: High-income earners use tax laws to their advantage to reduce their tax rates
High income earners tend to possess financial knowledge or ability to allow experts who understand the full scope of taxation laws and how to recorded the transactions in a way that make it eligible for tax deduction. This makes a lot of high income earners manage to avoid paying taxes even if they manage to obtain a lot of profit.
There you go. let me know if this is right
Answer:
Total Cost of Job X4A: $
Direct material cost ($9,000 x 500 units) 4,500,000
Direct labour cost (300 hrs x $15 x 500 units ) 2,250,000
Overhead applied (100 hrs x $22.50 x 500 units) 1,125,000
Total cost 7,875,000
Explanation:
The total cost of Job X4A is the aggregate of direct material cost, direct labour cost and overhead applied. Overhead is absorbed on the basis of machine hours. Thus, we will multiply the overhead rate by machine hours and number of units produced.
Answer:
True
Explanation:
When a company successfully offers a product or few products to customers, it tends to expand the range of products it has to offer.
For a <u>company to increase its range of products successfully, it has to realize that it must make corresponding changes to its processes to accommodate the addition of new products.</u>
However <em>oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.</em>
