Answer:
17,080 ounces.
Explanation:
Given that,
Budgeted production = 8,500
Raw material required per unit = 2 ounces
Opening inventory = 3,400
Direct material to be purchased:
= (Budgeted production × Raw material required per unit) + Closing inventory - Opening inventory
= (8,500 × 2 ounces) + (20% × 8,700 × 2) - 3,400
= 17,000 + 3,480 - 3,400
= 17,080 ounces.
Answer:
<u>$0 (None)</u>
Explanation:
Mike incurring additional moving expenses to his new home is not legally permissible for deduction when starting it in his annual gross income report for tax purposes.
However, miscellaneous expenses such as Unreimbursed business expenses, qualified educational expenses, tax preparation fees, subscriptions to professional journals<em>, and job-hunting expenses </em><em>may be deducted.</em>
D. $137; $100
The base year cost is $100. 37% of this is $37 so the total cost of the basket of goods is $137.
The answer to the question is that the substitution of domestic steel for foreign steel absorbs resources that would otherwise produce goods of great value.
Though America is declining in terms of domestic steel production, it does not mean the nation as a whole is failing, including in terms of production. Since the skills that workers use to produce steel are transferable to other industries, this allows them to be involved in industries that are creating more relevant value right now than steel; choosing to return to domestic steel production might prove to be inefficient.
Answer:
Banks are businesses. Like other businesses, they seek profit. ... Banks allow depositors to earn interest on their money, and they can supply borrowers with loans to buy houses, cars, etc. The interest from these loans is one of they ways they profit.
