Answer:
Correct Answer:
1. True
Explanation:
Taxes affect work activity directly through labor supply-and-demand channels and indirectly through government spending responses to available tax revenues.<em> It has been determined that higher tax rates on labor lead to less work time in the legal market sector.</em>
Answer:
A.Direct material 5,320
Direct labour 1,700
Manufacturing overhead 2,550
B. Total cost 9,570
Unit cost 6.38
C. Dr Finished goods inventory account 9,570
Cr Work in Process inventory account 9,570
Explanation:
A. Calculation for the predetemined manufacturing overhead rate
Date Direct material Direct Labour Manufacturing Overhead
5/10 1,330
12 1,120
15 550 825 825
22 480 720 720
24 1,000
27 1,870
31 670 1,005
Total 5,320 1,700 2,550
B. Calculation for the total cost and the unit cost of the completed job
Cost of Completed job :
Direct material 5,320
Direct Labour 1,700
Manufacturing Overhead 2,550
Total Cost 9,570
Unit Cost = Total Cost / Number of units
Unit cost = 9,570/1,500
Unit cost = 6.38
C.Therefore when a job is fully completed, thebFinished goods inventory account will be
debited with the correspondent credit of Work in progress account.
Journal entry
May.31
Dr Finished goods inventory account 9,570
Cr Work in Process inventory account 9,570
The answer is "$228,000".
net income of based on variable costing = $212,000
<span>beginning and ending inventories were 6,000 units and 10,000 units
</span><span>fixed overhead per unit = $4
This is how we calculate the </span>net income under absorption costing;
$212,000 + (10,000 units × $4) – (6,000 × $4)
= $228,000
Answer:
<em>C. Vicy has not committed an unfair labor practice. An employer may vigorously present anti-union views to its employees.</em>
Explanation:
Even though the workers were correct to establish a workers ' union in their organizing actions, employer Vicy is still within their right to voice their opinions on both the unions and how it might impact the organization's operations.
Furthermore, once Vicy authorised the press release and provided his opinions on the union of employees, it did not commit an unfair practice of labour.
Fair labor legislation allows workers to attempt to discourage workers from joining or forming a union.
What it does not encourage, though, is for employers to discriminate between their workers based on whether or not they are a part of a union.
Answer:
The correct answer is $5.15.
Explanation:
Preference Dividend = Shares × Par Value Of Per Share × Cumulative Rate%
= 52,000 × $100 × 5%
= $260,000
Common Shares Equivalent From Stock Option = 1 ÷ Market Price Of Common Stock Average Per Share × Farewell Granted Stock On Jan.1 × Right To Buy Share
= 1 ÷ $34 × 14,000 × 20
= 8,235.29
Calculation Farewell Diluted Earning Per Share= Net Income - Preference Dividend ÷ (Common Shares Equivalent From Stock Option+Common Shares)
=2,900,000-260,000 ÷ ($8,235.29 + 504,000)
=2,640,000 ÷ 512,235.29
= $5.15
