For lower income people:
The more the government puts towards health care would mean there would be a higher quality of life for low income areas allowing them to get access to needed healthcare for no cost to them.
For higher income people / corporate entities:
it would mean higher taxes on the 1% and 0.1% of the richer people and raising taxes on corporations such as higher taxes on dividends.
Summary:
For a SoL on one side to change another side would have to lose.
Answer:
Direct material price variance= $12,500 unfavorable
Explanation:
Giving the following formula:
The standard price per pound is $2.00.
The actual quantity of materials purchased and used in production is 50,000 pounds.
The actual purchase price per pound of materials was $2.25.
<u>To calculate the direct material price (spending) variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (2 - 2.25)*50,000
Direct material price variance= $12,500 unfavorable
Answer:
A surplus of avocados will result from the price ceiling.
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
A price ceiling is binding when it is set below equilibrium price.
The price ceiling ($4.50) is less than the equilibrium price ($4) of avocados. As a result, surplus would increase. The supply of avocados would exceed the demand because price ceiling is above equilibrium price
Answer:
True
Explanation:
Work in process refers to those goods which require further processing. When a department transfers work in process(WIP) to another department, the recipient department's stock of WIP is debited i.e debit the receiver principle.
Similarly work in process that is being transferred out of a department would be recorded like Purchase return i.e credit what goes out.
A debit in WIP account increases it's balance whereas a credit in WIP account reduces it's balance.
Answer:
1.Contract is express
2.Contract executory
Please explanation below.
Explanation:
1)Contract is Expressed
Expressed contract consist of agreement in which terms are stated by parties either orally or in written .
2) The contract is executory
Since contract is performed only by Santonio and since Ramona will make payment on 1 june ,on 31 may it is still to be performed by ramona so the contract is executory (only part performance is made) .An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract in which both sides still have important performance remaining.
