Answer:
D) All of the above would be classified as manufacturing overhead.
Explanation:
Manufacturing overhead is the overhead incurred directly in relation to the manufacturing process.
It can be fixed as well as variable, there is no standard conclusion for the above on the basis of nature of overhead.
Machining shop is a part of manufacturing process, and all expense related to that will be classified as manufacturing overhead, whether the expense is in cash like supervisor salary, property taxes of building of machining shop, or non cash expense like depreciation.
Therefore, all the expenses will be included in manufacturing overhead.
A) James, who always pays the minimum each month. Individuals who pay only the minimum on credit cards may pay higher finance charges and will likely accrue more debt over time.
Answer:
The control Delicious has over the details of the work
Explanation:
The key factor refers to the most prominent reason which proves a fact in the most convincing manner.
In the given case, Delicious coffee company has hired Elton to sell products in an area and have determined his compensation in the form of salary, commission and other benefits.
Also the terms of selling by which Elton must abide by have been mutually agreed upon between the parties.
The key factor which determines that Elton is Delicious's employee is governed by the extent of control Delicious (Employer) exercises over the details of his work i.e how the employer controls his work and tasks.
The key factor would also be reflected in Elton's acts relating to his performance of the job.
Answer:
D. Opportunity cost.
Explanation:
Since she could have taken a job and would have earned $62,000, this represents opportunity cost, lost due to the decision of starting her own apparel store. Opportunity cost is the cost of foregone alternative. Therefore, if there are two alternative X and Y, and alternative Y has a benefit of $M, then by choosing alternative X, the decision-maker is giving up a benefit equal to $M, which is the opportunity cost associated with choosing alternative X over alternative Y.
Answer:
A
Explanation:
Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.
Discretionary fiscal policies can either be expansionary or contractionary
Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.
If taxes are cut, disposable income increases and demand increases. this is an example of demand side
On the other hand, if a replacement project is undertaken, the demand for labour increases. this is an example of supply side
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes