Answer:
Cost of goods manufactured $ 123,460
Cost of goods sold: $ 126,360
Explanation:
<em>Raw materials </em>
beginning 9500
purchased 58740
ending <u> (16180) </u>
used in production 52060
<em>cost added </em>
materials 52060
direct materials 50330
overhead <u> 23960 </u>
total 126350
<em>COGM </em>
beginning WIP 5670
added 126350
ending WIP <u> (8560) </u>
COGM 123460
<em>COGS </em>
beginning FG 9700
COGM 123460
ending FG <u> (6800) </u>
COGS 126360
The cheap foreign labor argument for protectionism refers to a lower wage often earned by many foreign workers.
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Answer:
$1,269.46
Explanation:
Earnings Before Interest and Tax (EBIT) refers to the net income which is a difference between the revenue of an organisation and the expenses that were incurred in order to generate that revenue. The calculation of the EBIT is usually for a particular year and it is usually found in the Income Statement part of an organisation's financial statement.
To calculate the EBIT therefore, the Tax as well as interest must be added back to the Net Income after tax (usually added to retained earnings)
Therefore, Net Income = Dividends paid + Net Income (added to retained earnings)
= $75 + $418 = $493 - This represents a partial net income
The next step is to calculate the taxable income as follows:
The net income is $493, and the Tax rate is 35%
Taxable Income = $493/ (1-0.35) = $758.46
Earnings before interest and tax therefore =
Interest paid + Taxable Income
= $511 + $758.46 = $1,269.46
Answer:
c. Status Update and Announcements
Explanation:
By keeping customers up-to-date with the recent development and also making announcements in your business the customer will be carried along properly in other to create a continuous and long lasting customer relationship.
For example: Social media or mailing notifications - updates are being passed across through selected means to customers before logging in into the platforms which has lead to the increase and continuous use of both platforms effectively.
The increase in the minimum wage in the economy would cause employers to increase charges that they give to consumers by about 4 percent.
<h3>What is the impact of minimum wage on goods?</h3>
When minimum wage is raised in the economy, it means that the employers of labor would have to pay more operational cost for labor.
The effect that this would have on goods is that the people that consume the goods would have to pay extra for them.
Based on research, an increase in minimum wage raises prices by 4 percent in the economy.
Read more on minimum wage here:brainly.com/question/1461885
