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BartSMP [9]
3 years ago
13

What is the incidence of a tax?

Business
1 answer:
MrRa [10]3 years ago
3 0

Answer:

The sum of a tax and a product’s price

Explanation:

The tax final burden increases the price and  is payed by consumer.

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During its first year of operations, Silverman Company paid $11,625 for direct materials and $11,000 for production workers' wag
ella [17]

Answer:

$7,750

Explanation:

The computation of the net income for the first year is shown below:

but before that following calculations needed

The Cost of production is

= Direct material + Direct labor + Manufacturing overhead

= $11,625 + $11,000 + $10,000

= $32,625

The Unit product cost is

= $32,625 ÷  7,250 units

= $4.50 per unit

Now  

Cost of goods sold = Number of units sold × cost per unit

= 4,500 units × $4.50

= $20,250

And, finally

Net Income = Sales revenue - COGS - general, selling, and administrative expenses

= (4,500 units × $7) - $20,250 - $3,500

= $7,750

3 0
2 years ago
Instructions<br><br> Question:<br><br> State the usefulness of correction signs.<br><br> ‌
Anastasy [175]

Answer:

Safety signs and symbols are important safety communicating tools, they help to indicate various hazards that present in plant site or workplace. At the same time, they warn workers to always keep watching out for those hazards by giving required information and safety instructions.

Explanation:

hope this helps you

7 0
3 years ago
Moore General Store purchased office supplies on account during the month of February for $4,500. Payment for the supplies will
Anni [7]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

Purchased office supplies = $4,500

Supplies on balance account (in beginning) = $200

Supplies remaining (in end of month) = $180

So, To calculate supplies used in February we use following method:

Supplies Used  = Supplies in Beginning + Purchased office supplies - Supplies in Ending

= $200 + $4,500 - $180

Supplies Used = $4,520

Hence, the amount of supplies USED during February was $4,520.

6 0
3 years ago
Jessica does not believe that the methods and processes for determining salary increases in her company are fair. As per this ex
krok68 [10]

Answer:

Procedural justice

Explanation:

Procedural justice is centered on the idea that there should be fairness in the process used in making decision or resolving disputes in a transparent way without being impartial, to ensure the process brings out the right outcomes.

Jessica believes that there’s a problem with the firm’s procedural justice as she believes her firm’s process and methods in determining increase in her salary is not fair enough.

8 0
3 years ago
Problem 1
zloy xaker [14]

Answer:

How to produce resources

5 0
3 years ago
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