A leading behavioral economist shows how businesses can improve consumer thinking and decision making on screens. acclaimed behavioral economist shlomo bernatzi reveals a toolkit or interventions for the digital age. using provocative case studies and engaging reader exercises.
        
             
        
        
        
Answer:
Tax Savings = 200
Explanation:
If Ward and June carry the bond, tax would be:
⇒ Interests * tax rate
⇒ 1000 * 32% = 320
They gift bond to their son, Wally, whose tax would be:
⇒ Interests * tax rate
⇒ 1000 * 12% = 120
The tax savings related to the transfer of Bond is:
⇒ 320 - 120 = 200
 
        
                    
             
        
        
        
Answer:
Option "B" is the correct answer to the following statement.
Explanation:
The price elasticity of demand determines the flexibility of the volume needed to adjust the price.
The demand of an individual or market becomes inelastic if it will not adjust much to increasing prices, and it is elastic for an individual or market if the demand of a particular commodity will shift a lot as prices shift.
 
        
             
        
        
        
Answer:
Amount of underapplied or overapplied overhead cost for the year 
$97000 - Underapplied
Schedule of cost of goods manufactured for the year
Direct Material                                3885000
Direct Labor                                      60000
Overheads                                       376000
Total Manufacturing Costs             4321000
Add Opening Inventory WIP           400000
Less Closing Inventory WIP            (700000)
Cost of Goods Manufactured         4021000
Explanation:
Amount of underapplied or overapplied overhead cost for the year
Underapplied or Overapplied overhead cost =Actual Overhead - Applied Overhead
$473000-$376000= $ 97000
Schedule of cost of goods manufactured for the year
<em>Direct Materials  Calculation  </em>                                  
Opening                                                      200000
Add Purchases                                         4000000
Available                                                    4200000
Less Closing Material                                 300000
Materials Consumed                                  3900000
Less Indirect Materials                                 15000
Direct Materials Consumed                       3885000