The answer is:
B. They must establish a fair labor market.
D. They must open up trade to other countries
In mixed-market economy, both government and the private sectors play equally important roles in managing/regulating the economy.
Establishing fair labor market is being done in order to prevent the private sectors from abusing their workers. Opening trade to other countries is being done by the government sectors through mutually beneficial foreign policies which will improve our total exports.
Answer:
True
Explanation:
It is True because net income is shown in the Balance sheet as a credit account as it increases the revenues and as a debit column in the Income Statement of the end-of-period spreadsheet.
This entry is reversed for the net loss. It would be shown as a debit column in the Balance Sheet ( indicating an expense/ a loss) and as a credit column in the income statement.
The net income is shown as a debit column in the Income Statement of the end-of-period spreadsheet indicating that the credits ( revenues) are more than the debits ( expenses) and we get the balance of the income after deducting the expenses from the revenues. It is entered above the debit totals.
Answer: d. 80% of direct material cost
Explanation:
Overhead cost = Total costs - Direct material - Direct labor
= 132,200 - 25,000 - 32,000 - 12,500 - 17,100
= $45,600
Direct materials cost = 32,000 + 25,000
= $57,000
Percentage of Direct materials = Overhead/ Direct materials
= 45,600/57,000
= 80%
