Answer:1. The higher before tax real gain is for Steve for $2000 i.e (32,000- 30,000) while Stephanie makes $1800(6% of $30,000)
2. The higher after tax real gain is for Stephanie losing 35% of her income
which reduce her income to $1170 while Steve loss 50% of his income which reduce to $1000.
Explanation
The inflation rate is not considered in the calculation because it's constant for both parties.
Answer:
It is a relatively new, undeveloped form of communication in the workplace, and attitudes toward it vary.
Explanation:
Answer:
D. $246,000
Explanation:
As per the given question the solution of direct material cost assigned to good units completed is provided below:-
To reach Cost transferred out we need to follow some steps which is following below:-
Step 1. Cost per unit = cost of material used ÷ Units started
= $300,000 ÷ 12,500
= $24
Now,
Step 2. Goods units completed = Started units × Cost per unit
= 6,250 × $24
= $150,000
Step 3. Normal spoilage = Cards units × Cost per unit
= 4,000 × $24
= $96,000
and finally
Cost transferred out = Goods units completed + Normal spoilage
= $150,000 + $96,000
= $246,000
To reach allocation of Cost transferred out we simply put the values into formula.
Answer:
9
Explanation:
Sales revenue (at $25 per case) ................................$2,000,000 $1,500,000 $2,250,000 Less: Cost of goods sold (at absorption cost of $21 per case) * ............................1,680,000 1,260,000 1,890,000 Gross margin .............................................................$ 320,000 $ 240,000 $ 360,000 Less: Selling and administrative expenses: Variable (at $ .50 per case) ............................40,000 30,000 45,000 Fixed ..............................................................37,500 37,500 37,500 Operating income ......................................................$ 242,500 $ 172,500 $ 277,500 *The absorption cost per case is $21, calculated as follows : production Planned over heading manufacture fixed Budgeted+ case per costing manufacture variable
=($400,000/80,000,)+ $16
= $5 + $16 = $21
1.b. Variable- costing income statement. a In year 4, the difference in reported operating income will be $50,000, calculated as follows: Change in inventory (in units) ×Predetermined fixed .
Answer: Public ownership is the most common and effective public policy toward monopolies in the United States
Explanation:
A natural monopoly is a monopoly that occurs as a result of the company having an economies of scale and also due to the huge amount of money required for its investment. These monopolies are subject to regulation.
Also, sometimes the best public policy toward a monopoly is to do nothing. Lastly, antitrust laws may prevent mergers that would actually raise social welfare.
Therefore, based on the question asked, the answer is option B.
