F a worker is free to quit a job and find a new job at another place of employment, what us economic goal has been met?

Vintage Fun reproduces old-fashioned style roller skates and skateboards. The annual production and sales of roller skates is 1,

Vesna [10]

Answer:

D. $33.47

Explanation:

The computation of overhead cost per skateboard using an activity-based costing system is shown below:-

Total Expected Activity

Activity pool cost Overheads Activity Rate

Setup cost $6,550 665 9.85

Engineering cost $16,000 1,120 14.29

maintenance cost $91,450 4,353 21.01

Activity pool cost Rate Driver Overhead cost

Setup cost 9.85 320 3,152

Engineering cost 14.29 630 9,002.7

maintenance cost 21.01 2,178 45,759.78

Total Overheads cost 57,914.48

Number of units 1,730

Overhead cost per unit $33.48

Therefore for computing the overhead cost per unit we simply divide the total overhead cost by number of units.

8 0

3 years ago

Newell Rubbermaid Inc. manufactures and markets a broad array of office products, tools and hardware, and home products under a

ValentinkaMS [17]

Income Taxes Using appropriate headings and subtotals prepare a multiple-step consolidated income statement.

An Income tax is a tax imposed on people or entities in admire of the income or profits earned by way of them. income tax generally is computed because the manufactured from a tax price instances the taxable earnings. Taxation fees can also vary by using the kind or characteristics of the taxpayer and the type of profits.

Consolidated Income statement

Particulars Amount

Net Sales $ 5,864. 6

Less: Expenses

Cost of Products sold = $ 3,6594.4

Gross Profit = $2,205.2

Less: Operating expenses

Selling general, and administrative expenses $ 1,515.3

Other expenses $ 432.7

Operating Income = $ 275

Less: Non-operating expenses

Interest and other non-operating expenses $ 104.7

Income before Taxes = 152.5

Less: Income Tax expense $ 17.9

Income after Taxes = $134.6

Less: Loss on sale of Discontinued Operations

(net of income taxes) $9.4

Net Income $ 125.2

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6 0

1 year ago

The short-run aggregate supply curve implies that real output exceeds its long-run level when the price level is:

Annette [7]

Answer:

greater than the expected price level

Explanation:

The short run aggregate supply curve shows graphically that the real output is more than its long run level when the price level is more than expected price level. When there is great expectation about inflation it shifts the short run Aggregate Supply curve outwards or to the right. Price level would then rise in the long run but real output would stay the same or unchanged.

4 0

3 years ago

1 - Describe two justifications for the need for professional financial planning advice

icang [17]

Answer:

Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.

Explanation:

4 0

3 years ago

The income statement of Oriole Company is shown below. ORIOLE COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sale

noname [10]

Answer:

Cash flow from operating activities

Cash Receipts from Customers 6,840,000

Cash Paid to Suppliers and Employees (5,900,000)

Net Cash from Operating Activities 940,000

Explanation:

Cash Receipts from Customers Workings

Total Debtors T - Account

Debit :

Sales 6,840,000

Totals 6,840,000

Credit:

Cash Receipts 6,840,000

Totals 6,840,000

Cash Paid to Suppliers and Employees

Cost of goods sold 4,730,000

Add Other Expenses

Selling expenses 460,000

Administrative expenses 710,000

Cash Paid to Suppliers and Employees 5,900,000

8 0

3 years ago