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4 years ago

Transfer payments are payments that:

1 answer:

7 0

Transfer payments are payments that the government makes to a household even if the government did not receive a good or service from the household. Transfer payment examples are services like disability, social security, financial aid and other subsidies. Those on social security and benefits like this are not expected to give something to the government to earn these in their current state. Think of a transfer payment as a "gift" and do not need anything in return for use.

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What are the phases in a business cycle?

-BARSIC- [3]

Recovery, Prosperity, Recession and Depression

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3 years ago

Amos Rubber company manufactures tires. They reported the following information from their operations last period: Cost of Direc

Hunter-Best [27]

Answer:

The per-unit cost under absorption costing is greater than the variable per-unit cost by $1.50.

Explanation:

Units costs under variable costing include only the variable manufacturing costs.

<u>Manufacturing Costs - Variable Costing</u>

Direct Materials used in production: $35,000

Cost of Direct Labor wages: $40,000

Variable Manufacturing Overhead: $30,000

Total Costs $105,000

Unit Cost = $105,000/ 50,000

= $2.10

Units costs under absorption costing include both the variable manufacturing costs and fixed manufacturing costs.

<u>Manufacturing Costs - Absorption Costing</u>

Direct Materials used in production: $35,000

Cost of Direct Labor wages: $40,000

Variable Manufacturing Overhead: $30,000

Fixed Manufacturing Overhead: $75,000

Total Costs $180,000

Unit Cost = $180,000/ 50,000

= $3.60

Difference :

Unit Cost - Absorption Costing $3.60

Less Unit Cost - Variable Costing $2.10

Difference $1.50

Conclusion :

The per-unit cost under absorption costing is greater than the variable per-unit cost by $1.50.

5 0

4 years ago

MaltHanks Inc., a leading American firm, starts its operations in China. It incurs a lot of additional costs in comparison to th

asambeis [7]

Answer: Liability of foreignness

Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.

In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.

Thus, from the above we can conclude that Malt hanks faced liability of foreignness.

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3 years ago

When the economy is on the short-run aggregate supply curve and to the left of the long-run aggregate supply curve, actual aggre

Colt1911 [192]

Answer:

Nominal salaries decrease and the short term aggregate goes up to the right.

Explanation:

Companies normally make decisions about the amount of supplies in which they invest according to the profits that they expect to obtain in the future according to the variables of their economic activity. The profits for the company will be also determined by the price of the products or services the company trades and the price of the supplies necessary for such activities.

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4 years ago

Pls, the meaning of warranty

kenny6666 [7]

Answer:

A warranty is a written promise by a company that, if you find a fault in something they have sold you within a certain time, they will repair it or replace it free of charge.

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2 years ago