Answer:
C. The role of the needs assessment is to determine if training is the appropriate solution
Explanation:
Answer: $32.23 per labor-hour
Explanation:
To solve the question, we need to first calculate the estimated total manufacturing overhead which will be:
= $906,732 + ($6.76 per labor-hour × 35,600 labor-hours)
= $906732 + $240656
= $1,147,388
Predetermined overhead rate will then be:
= $1,147,388 / 35,600 labor-hours
= $32.23 per labor hour
Question:
Please see the Demand and Cost information reproduced in the attached table
Answer:
The correct choice is A)
Profit if maximized where price is equal to $20.
At this price, MR = MC.
Please see the attached PDF.
Explanation:
The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost:
That is, the point where MR = MC.
If the monopoly produces a lower quantity, then MR > MC at those levels of output, and the firm can make higher profits by expanding output.
Cheers!
Answer:
D. No loss recognized and a reduction in E&P of $200,000
Explanation:
Given that:
- Current and accumulated E&P : $500,000
- A distribution of land to its sole shareholder: $200,000
- E&P basis to Catamount : $250,000
From that, we can see that the current and accumulated E&P is greater than its distribution of land so no loss would be reported so there will be reduction in earning and profits of the company of $200,000.
Hope it will find you well.
Answer:
1. Keynesian economists think that <u>_Income</u> is the key determinant of consumption and spending.
2. Classical economists think that the higher the _interest rates____, the more people will save, which means that they will consume less.
3. A person's _<u>expectations </u>about how much income he/she will earn in the future as well as future prices could shape how much he/she spends and saves today.
4. The more _<u>wealth</u> the person has, the less current consumption he/she undertakes.
5. A person's total income can be divided into three components: consumption, savings, and <u>household debt</u>.
6. Savings, which is total income minus consumption and taxes, can be used to create more __<u>taxes</u>.
