Answer:
a. raise the price of both Brazilian and domestically produced shoes
Explanation:
Restricting imports of Brazilian shoes will raise the price of both Brazilian and domestically produced shoes
Answer:
$5.15
Explanation:
The data given in the question
Total bill amount = $38.80
Each individual paid = $10 for bill
Number of individual = 8
Now if we divide the total bill amount by the number of individual so the amount come is
= Total bill amount ÷ number of individuals
= $38.80 ÷ 8
= $4.85
So each person can get the
= $10 - $4.85
= $5.15
Answer:
34.6%
Explanation:
The formula to compute the company's profit margin is shown below:
Profit margin = (Net income) ÷ (sales revenue) × 100
= ($92,400) ÷ ($267,000) × 100
= 34.60%
It shows a relationship between the net sales or sales revenue and the net income which is earned by the company. All other items which are mentioned in the question are irrelevant. So, these are not considered in the computation part. Hence, ignored it
Answer:
Fabricating Department = $136470= 53000 +total 49100 of $1.7 per direct labor hours
Assembling Department = $$ 90,410= 43000 +total 43100 of $ 1.10 per direct labor hours
Explanation:
<em>When a fixed line intersects a vertical axis at the point of total budgeted cost line represents total cost of the activity . From this we can calculate the following.</em>
Fabricating Assembling
Total Cost for 46100 DLH $131,370 $93,710
Fixed Costs (53000) (43,000)
Variable Costs 78370 50,710
Variable Cost Per hour 78370 / 46100 50,710 / 46100
= $ 1.7 = $1.10
Fabricating Assembling
Total DLH 49100 43100
Variable Cost Per hour $ 1.7 $1.10
Variable Costs $ 83470 $ 47410
Fixed Costs 53000 43,000
Total Budgeted Cost 136470 $ 90,410
Answer:
True
Explanation:
Taxes paid are NOT directly related to any specific benefit received by the taxpayer.