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3 years ago

Based on what you have read, as the united states develops a postindustrial economy, economic inequality is _______

1 answer:

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Economic inequality increases as a society moves to postindustrialism because there is more opportunity for specialization. Rather than most people doing the same types of jobs and earning similar incomes, some people will excel more than others.

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The cellular phone division of Stegall Company had budgeted sales of $950,000 and actual sales of $900,000. Budgeted expenses we

WINSTONCH [101]

Answer:

Since the actual expenses is lower than the budgeted expenses, and the variance is positive, a report prepared for the manager of this profit center would show a favorable variance.

Explanation:

Revenue variance is the difference between the actual sales volume and the budgeted sales volume.

Revenue variance = Actual sales - Budgeted sales

Budgeted sales = $950000

Actual sales = $900000

Revenue variance = $900000 - $950000

= - $50000

Since the actual sales is lower than the budgeted sales, and the variance is negative, so the variance is unfavorable.

Cost variance is the difference between the budgeted expenses and the actual expenses.

Cost variance = Budgeted expenses - Actual expenses

Budgeted expenses = $600000

Actual expenses = $550000

Cost variance = $600000 - $550000

= $50000

Since the actual expenses is lower than the budgeted expenses, and the variance is positive, so the variance is favorable.

Therefore, Since the actual expenses is lower than the budgeted expenses, and the variance is positive, a report prepared for the manager of this profit center would show a favorable variance.

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3 years ago

The "inverse dependency ratio" is defined as the ratio of

Papessa [141]

Answer:

The correct answer is the option C: the working-age population to the number of dependents.

Explanation:

On one hand, the dependancy ratio is the name given, in the field of economics, to the term that refer to an age-population ratio that are and are not in the labor force. Moreover, this type of ratio focuses in measuring the pressure that the productive population has over the nonproductive population.

On the other hand, the inverse dependay ratio measures the amount of labor force that has to be provided regarding one dependent person. Therefore that it is understandable that the inverse dependency ratio is defined as the reatio of the working-age population to the number of dependents.

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3 years ago

Duane and Evan orally agree to a transfer of forty acres of farmland. Evan asks Finance Bank to lend him the funds to buy the la

harina [27]

Answer:

a. Finance Bank

Explanation:

According to Statute of Fraud, the agreement must be in writing to be within the statute and enforceable. The oral contracts are usually enforceable but the transfer of land needs to be in writing to be enforceable according to law of Statute of Fraud. If the contract is in writing it would be adequate to be enforceable. While the contract with bank must have some written form which will make it enforceable contract by the finance bank.

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3 years ago

Read 2 more answers

only deposits of a rare and sought-after mineral known as Yuksporite are found in ussia. Since no other nation has deposits of Y

mash [69]

Answer:

D. Absolute Advantage

Explanation:

Absolute advantage represents an economics principle referring to the capability of a firm or a country or even an individual to manufacture or produce a larger quantity of a product or offer a greater quantity of a service than its competitors especially with the same amount of resource which in in reference to international trade is labour.

The absolute advantage for Russia in the question is that it has the only deposits of Yuksporite and using the same amount of labour input other countries would have used, Russia has the absolute advantage as the only manufacturer of goods that would come out of Yuksporite.

4 0

4 years ago

Read 2 more answers

The management of Firebolt Industries Inc. manufactures gasolineand diesel engines through two production departments, Fabricati

GalinKa [24]

Solution:

Single factory overhead amount: the amount at which plant overheads or processing overheads are assigned to goods is referred to as single plant overhead rate.

Formula to measure a single plant-wide overhead rate:

Single plant-wide overhead rate :

$\frac{Total budgeted factory overhead}{ Total budgeted plant-wide allocation base}$

Different development team overhead rate: this distribution system describes the various divisions engaged in the manufacturing cycle. Factory overheads are assigned to goods on the basis of the overhead cost for each of the manufacturing units.

Formula for calculating various output department overhead:

Multiple production department overhead rate:

$\frac{ Budgeted department factory overhead}{ Budgeted department factory overhead}$

For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.

Using DLH as the allocation basis to measure a single plant-wide overhead limit.

Single plant-wide overhead rate : $\frac{Total budgeted factory overhead}{ Total budgeted plant-wide allocation base}$

= $\frac{80,000}{10,000 DLH}$

For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.

Using DLH as the allocation basis to measure a single plant-wide overhead limit.

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3 years ago