If the government removes a binding price floor from a market, then the price received by sellers will

Consider the following information regarding a person's decision to go to college college tuition is $20,000 per year, room and

Ostrovityanka [42]

Answer:

$50,000

Explanation:

The computation of the cost of going the college is shown below:

= College tuition fees per year + boarding fees per year + books and materials charges per year + earnings while working

= $20,000 + $10,000 + $2,000 + $18,000

= $50,000

For computing the cost of going to the college we simply added the total cost that is mentioned in the question so that the accurate amount could come

7 0

3 years ago

In order to improve the cash flow of the company, neal emerald decided to postpone depositing all employment taxes a few months

jok3333 [9.3K]

The correct answer to this open question is the following.

No, it is not ethical.

The risks that Emerald faces by not upholding his responsibility for the collection and payment of employment taxes is that, first of all, this is not correct. He has an obligation, a moral and a fiscal obligation to report on time the employment taxes. That is why his actions are not ethical although he indeed does pay before he gets caught. That decision could be a business decision to buy some time and trying t fix other problems, but a true leader does not need to cover things with wrongdoings. What can of example is he showing to his employees?

Later on, on another occasion, he won't have the moral authority to demand ethical behavior from his employees. He is not setting an example.

5 0

3 years ago

At Jacobson Company, indirect labor is a variable cost that varies with direct labor-hours. Last month's performance report show

Vlada [557]

Answer:

B) $0.25

Explanation:

Jacobson Company

Given

Actual indirect labor cost $5,780

Spending variance $245 F

Actual Direct labor-hours 24,100

Formula

Spending Variance = Flexible Budget- Actual Results

<u>Working</u>

Spending Variance = Flexible Budget- Actual Results

Spending Variance = Indirect Labor Cost per direct labor hour - Actual Results

$245 F =Indirect Labor Cost (per direct labor-hour) *24,100 - $5,780

Indirect Labor Cost*24,100 = 245+ 5780

Indirect Labor Cost * 24,100 = $6,025

Indirect Labor Cost = $6,025 /24,100

Indirect Labor Cost per direct labor-hour= $0.25

6 0

3 years ago

Investor perception on the risk of bonds will raise their desired return.

faust18 [17]

The statement, investor perception on the risk of bonds will raise their desired return is true.

The higher an investment's risk, the greater its potential returns should be. By contrast, a very safe and low-risk investment should generally offer low returns. So, this investor perception will raise the desired return of the risk of bonds.

Generally, the higher the potential return of an investment, the higher the risk. Thus, there is no guarantee that you will actually get a higher return by accepting more risk. In this matter diversification is useful.

Hence, you can minimize the risk by making sure the company's bond you own is not a high risk company with a high probability of paying back.

To learn more about risk of bonds here:

brainly.com/question/14850768

#SPJ4

3 0

2 years ago

The following selected information was extracted from the 20x1 accounting records of Lone Oak Products:

joja [24]

Answer:

1. $513,000

2. $913,200

3. $926,400

4. $154,420

5.11340 Units

Explanation:

1. Calculation for Lone OakÃ¢â‚¬â„¢s manufacturing overhead for the year.

Manufacturing overhead

Indirect labor 109,000

Building depreciation (80000*75%) 60,000

Other factory cost 344,000

Manufacturing overhead $513,000

2. Calculation for Lone OakÃ¢â‚¬â„¢s cost of goods manufactured.

First step is to calculate the Direct material used

Direct material used = 15,800+175000-18200

Direct material used= 172,600

Second step is to calculate the Total manufacturing cost

Total manufacturing cost = 172,600+254,000+513,000

Total manufacturing cost= 939,600

Now let calculate the Cost of goods manufactured

Cost of goods manufactured = 35,700+939,600-62100

Cost of goods manufactured = $913,200

3. Compution for the companyÃ¢â‚¬â„¢s cost of goods sold.

Cost of goods sold = 111100+913,200-97900

Cost of goods sold = $926,400

4. Calculation to Determine net income for 20x1, assuming a 30% income tax rate.

Net income :

Sales 1495000

Cost of goods sold -926,400

Gross profit 568,609

Selling and administrative expense (133000+20000+195000) 348000

Profit 220,600

Tax 30% 66,180

Net income $154,420

(220,600-66,180)

(25%*80,000=20,000)

5. Calculation to Determine the number of completed units manufactured during theyear.

No of unit completed = 1190+(1,495,000/$130 per unit)-1350

No of unit completed =1190+11500-1350

No of unit completed = 11340 Units

7 0

3 years ago