Answer:
Orange consumers will bear the burden of now having to pay a higher price than they previously did.
Explanation:
According to the question, orange growers believe that pesticides is a crucial input in the production of oranges. When the government imposes a tax or regulation on the use of pesticides, this is likely to cause the following effects:
1. Since pesticides is an input that is now taxed, cost of production increases
2. Producers will reduce the supply of oranges.
3. Supply curve shifts left from S1 to S2 (refer diagram)
4. Market equilibrium shifts from E1 to E2 (refer diagram)
5. Quantity supplied falls from QS2 to QS1 (refer diagram)
6. Price increases from P1 to P2 (refer diagram)
<em>In what sense do consumers of oranges now "pay" for dealing with the spillover costs of pesticide production?</em>
Orange consumers will bear the burden of now having to pay a higher price than they previously did.
Under activity-based costing, overhead includes all indirect costs. so correct answer is all indirect costs.
<h3>Indirect costs: What are they?</h3>
The term "indirect costs" refers to operating costs that aren't immediately associated with a specific grant, contract, project function, or activity but are still essential to the organization's overall functionality and the accomplishment of its tasks.
Costs that are usually referred to as overhead expenses, such as rent and utilities, as well as general and administrative costs, such as wages for officers, expenses for the accounting department, and expenses for the personnel department, are examples of indirect costs.
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Answer:
Total direct labor cost= $90,356
Explanation:
<u>First, we need to determine the total direct labor hour for each month:</u>
<u></u>
January= 2,980*0.7= 2,086
February= 2,750*0.7= 1,925
March= 3,490*0.7= 2,443
Total direct labor hours= 6,454
<u>Now, the direct labor cost for the first quarter:</u>
Total direct labor cost= 14*6,454
Total direct labor cost= $90,356
Answer:
Answer for the question:
Windsor Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $107,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $184 per share. (Round answers to 0 decimal places, e.g. $1,225. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit (a) enter an account title for case A
is given in the attachment.
Explanation:
Answer:
The securities should a risk-averse investor purchase if the investment will be held in isolation is A because It has the lowest coefficient of variation.
Explanation:
We use the co-efficient of variation to calculate the risk level of the given stocks. The coefficient of variation is the measurement of risk of return.
A B C D E
Expected Returns 7% 10% 12% 25% 18%
Standard Deviation 2% 18% 15% 23% 15%
Use Following Formula to Calculate coefficient of variation.
Coefficient of variation = ( Volatility / Expected Return ) x 100
As Standard Deviation represent the volatility.
Coefficient of variation = ( Standard Deviation / Expected Return ) x 100
A. Coefficient of variation = ( 2% / 7%) x 100 = 28.57%
B. Coefficient of variation = ( 18% / 10%) x 100 = 180%
C. Coefficient of variation = ( 15% / 12%) x 100 = 125%
D. Coefficient of variation = ( 23% / 25%) x 100 = 92%
E. Coefficient of variation = ( 15% / 18%) x 100 = 83.33%