Answer:
under-applied overheads is $1,340
Explanation:
Note : I have attached the full question/similar as an image below.
Actual Overheads = $594,960
Applied Overheads = $594,960 / 22,200 x 22,150 = $593,620
Since,
Actual Overheads > Applied Overheads, overheads have been under-applied.
Amount of under-applied overheads is $1,340 ($594,960 - $593,620).
In this case, the most likely reason for this is The employees will conclude that there must be regional differences in pay.
<h3>What is a Pay Difference?</h3>
This refers to the discrepancy that exists when a person is paid a different amount to another person who is performing the same or similar work and can be affected by things like location, etc.
Hence, we can see that based on the fact that the employees of the cloth store make an investigation into their pay rates and find out that there is a price discrepancy that is higher than the national average, they would conclude that there must be regional differences in pay.
Read more about price differences here:
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Answer:
14.58%
Explanation:
Return on Bond is the actual rate that is received by an investor on investment in bond.
As per given data
After Tax return = 10.50%
Tax Rate = 28%
Deduction of 28% withholding tax will be made on the return of the bond in that country where investment is made and investor will have return net of tax.
We can calculate the after tax return on the bond as follow
After tax return = Before tax return x ( 1 - Tax rate )
10.5% = Before tax return x ( 1 - 28% )
0.105 = Before tax return x ( 1 - 0.28 )
0.105 = Before tax return x 0.72
Before tax return = 0.105 / 0.72
Before tax return = 0.1458 = 14.58%
<u>Answer:</u>
<u><em>Laws passed by the federal government often provide benefits for a small number of individuals. These individuals, in turn, have an incentive to contribute to the campaigns of politicians who pass these laws</em></u>
<u>Explanation</u>:
When individuals or firms cunningly try to get benefits from government at the detriment of others it term rent seeking.
Implying they seek shelter under this laws that benefit them the most.
For example, certain tax laws may favor the weather citizens of a country and they (the wealthier citizens) may take advantage of that.
Answer:
B. The amount of equity reported by Frankfort Corporation is $672,000
Explanation:
Equity earnings
= Frankfort's share in net income of Bradley
= 1,680,000 * 40%
= 672,000
Option B
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