Answer:
$415
Explanation:
The computation of the total manufacturing cost per unit is shown below:-
Total manufacturing cost per unit = Direct material + Direct labor + Manufacturing overhead + Fixed manufacturing overhead
= $240 + $100 + $80 + ($370,500 ÷ 1,900)
= $40 + $100 + $80 + $195
= $415
SO, we have applied the above formula.
Is this is japanese or what
Answer: 3.63 years.
Explanation:
The Payback period of a machine refers to how long it will take to repay it's initial investment. In this case, how long it will take to repay $54,000.
The Net Income is given in the income statement. The Depreciation needs to be added back to this income though because it is a non-cash expense so failing to add it back understates the actual amount of money that the company is getting from the machine.
Total Annual Payback = Net Income + Depreciation
= 5,850 + 9,000
= $14,850
Payback Period is,
= Initial Cost / Annual Inflow
= 54,000 / 14,850
= 3.63 years
Agreed to work together to control the price of domestic steel.
The chief executive officers of the major U.S. steel makers would most likely be prosecuted under the antitrust laws if they agreed to work together to control the price of domestic steel.
<h3>What are the objectives of antitrust law?</h3>
The Sherman Act, the nation's first antitrust statute, was enacted by Congress in 1890 as a "comprehensive charter of economic liberty designed to maintain open and unhindered competition as the rule of commerce." The antitrust laws generally prohibit unauthorized mergers and business practices, leaving it to the courts to determine which ones are prohibited based on the specific facts of each case.
From the era of horses and buggies to the modern digital era, courts have applied antitrust rules to evolving marketplaces. Nevertheless, for more than a century, the antitrust laws have had the same fundamental goal: to safeguard the competitive process for the benefit of consumers, by ensuring that there are strong incentives for businesses to operate effectively, keep prices low, and keep quality high.
<h3>The three core federal antitrust laws:</h3>
- Any "monopolization, attempted monopolization, conspiracy, or combination to monopolize" is prohibited by the Sherman Act, as is "every contract, combination, or conspiracy in restraint of trade."
- The Sherman Act has harsh penalties that can be applied. The Sherman Act is a criminal law as well, and although the majority of enforcement actions are civil, anyone or any company that violates it may face legal action from the Department of Justice.
- "Unfair techniques of competition" and "unfair or deceptive activities or practices" are prohibited by the Federal Trade Commission Act.
Learn more about antitrust laws here:
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Restrictive endorsement places a limitation on the use of a cheque for the payee. In this case the payee has to only deposit the money into the account