Answer:
B. Holly's statement is normative, but Ben's is positive.
Explanation:
Positive statements are based on objective deduction of what is, or was. It is based on facts. Ben's comment "an increase in the tax on beer will raise its price", is an example of positive statement.
Normative statements are subjective and based on individual values and judgement. In her statement Holly appears to be biased against drinking much. She says "taxes should be increased on beer because college students drink too much." Is a normative statement.
Answer:
Hello your question is incomplete attached below is the complete question
answer: A) $38.4
B) For student tour = $46,800 / 1,500 = $31.2
For Donor's tour = $39,600 / 750 = $52.8
Explanation:
A) compute the unit cost ( using current cost system )
cost per visitor = Total Operational cost / Total number of visitors
= $86400 / 2250 = $38.4
B) using The ABC system
unit cost per visitor :
For student tour = $46,800 / 1,500 = $31.2
For Donor's tour = $39,600 / 750 = $52.8
attached below is the ABC system Table showing the calculations
Answer:
a. $6 per direct labor hour
Explanation:
Predetermined overhead rate is calculated by dividing the Expected overhead by the Expected level of activity on which the overhead is applied. It is a rate at which the overhead is applied to a product / project/ department.
Predetermined overhead rate = Expected overhead / Expected activity
Predetermined overhead rate = Expected overhead / Expected direct labor hours
Predetermined overhead rate = $480,000 / 80,000
Predetermined overhead rate = $6 per direct labor hour
Answer:
- $88,000 gain in dollars
- €0 gain (loss) in Euros
Explanation:
Last year, the value of the inventory in dollars was;
= 440,000 * 1.12
= $492,800
This year with the new exchange rate this value has gone to;
= 440,000 * 1.32
= $580,800
The Gain (loss) in dollars is;
= Current value - Last year value
= 580,800 - 492,800
= $88,000
The value of the Euro both last year and this year is still €440,000 so the change is gain is €0.
You invest $250/mo. over 12 months that equals $3,000 invested per year.
$250*12=$3,000/per year invested
$3,000 per year for 20 years equals $60,000 invested.
$3,000*20=$60,000 invested
8% of $60,000 is $4,800/per year.
0.08*$60,000=$4,800
$4,800 per year for 20 years equals $96,000 dollars earned on investments over 20 years.