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faust18 [17]
3 years ago
7

The incentive problem under communist central planning refers to the idea that:

Business
1 answer:
belka [17]3 years ago
7 0

Answer and Explanation:

B. workers, managers, and entrepreneurs could not personally gain by responding to shortages or surpluses or by introducing new and improved products.

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In 2016, the TransUnion Company had consulting revenues of $1,000,000 while costs were $750,000. In 2017, TransUnion will be int
Bezzdna [24]

Answer:

$90,000

Explanation:

In this question, we compare the net income and the difference should be reported

In the first case, the net income is

= Revenue - expense

= $1,000,000 - $750,000

= $250,000

In the first case, the net income is

= Revenue - expense

where,

Revenue is = $1,000,000 + $150,000 = $1,150,000

And, the expenses is $750,000 + $60,000 = $810,000

= $1,150,000 - $810,000

= $340,000

So, the net profit is increased by

= $340,000 - $250,000

= $90,000

7 0
2 years ago
Andy Basil Industries Inc. reported the following information about the production and sale of its only product during the first
grandymaker [24]

Answer:

Cost of Goods Sold = $ 400,000

Explanation:

Units Sold = $360,000/ $225= 1600

Sales ​                                                                  $360,000

Direct materials ​$176,000

Direct labor ​$100,000

Variable factory overhead ​$44,000

Fixed factory overhead ​$80,000

Total Manufacturing Costs   $ 400,000

Variable selling and administrative expenses ​$20,000

Fixed selling and administrative expenses ​$10,000

Cost of Goods Sold = $ 400,000

As ending Inventory Finished Goods is 400 units it is not included in the Cost of Goods Sold.

3 0
3 years ago
As the new general manager of a regional cable service, Joe is studying the formal configuration of groups and individuals in re
Brums [2.3K]

Administrative restructuring; done at managerial level for effective decision making and delegation of power down the order.

<u> Explanation: </u>

According to the narration given in the above statement the general manager is of the view that too much layer of manager will hamper the decision making and effective delegation of work.

So, after a detailed study of manager’s role and responsibility at the level he decided to downsize the structure from 10 managers to 3 managers who will report to him for making effective decisions.

He has delegated power to the new managers and by doing so it has reduced the burden of the Joe. By doing this the organisation objectives and goals can be met at the targeted time.

8 0
3 years ago
Accountants should use
ycow [4]

Answer:

checks or cash

Explanation:

please I need brainlist

4 0
2 years ago
Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the m
Nookie1986 [14]

Answer:

White Division Gross Profit  = $72,200

Grey Division Gross Profit =  $247,700

Explanation:

                                                     White Division    Grey division

Sales (net)                                      $270,000            $540,000

Less: Cost of goods sold              <u> $135,000  </u>          <u>$202,500</u>

Gross Margin                                 $135,000             $337,500

Less: Salary Expenses                   $37,800              $64,800

Rent                                                 <u>$25,000</u>              <u>$25,000</u>

Gross Profit                                   <u> $72,200 </u>             <u>$247,700</u>

The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Hence, the rent expenses will be shared equally. Rent = $50,000 hence, both division will pay $25,000 each              for rent

7 0
3 years ago
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