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2 years ago

5

When Social Security was first instituted by President Franklin Roosevelt in 1935, the payroll tax rate on wages used to fund th

e program was

1 answer:

MrRa [10]2 years ago

3 0

Answer: Social security retirement program .

Explanation:

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FitForLife Gym, a large U.S. based fitness center, receives royalty payments from WeWelness, a small Canadian company, for using

Andre45 [30]

Answer:

<em>Licensing </em>

Explanation:

Licensing <em>is a business agreement whereby one company gives authorization to another company to produce its product for a defined fee.</em>

Licensing allows you to immediately tap current manufacturing, marketing and distribution systems which may have been built by other companies for decades.

8 0

2 years ago

A number between 1 and 15

alexgriva [62]

Answer:

The probability is 0.20 or 20%

Explanation:

we know that

The probability of an event is the ratio of the size of the event space to the size of the sample space.

The size of the sample space is the total number of possible outcomes

The event space is the number of outcomes in the event you are interested in.

so

Let

x------> size of the event space

y-----> size of the sample space

so

$P=\frac{x}{y}$

In this problem we have that

Multiple of 5 between 1 and 15 = 5, 10,15

so

$x=3$

Total numbers between 1 and 15=15

so

$y=15$

substitute

$P=\frac{3}{15}=0.20$

Convert to percentage

$P=0.20(100)=20\%$

8 0

3 years ago

If Johnny likes homework (H) but hates exercise (E), which of the following might best represent his utility function for homewo

anygoal [31]

Answer:

b. u= h/e

Explanation:

6 0

3 years ago

A perfectly competitive firm a. has a perfectly inelastic demand. b. has a perfectly elastic supply. c. Answers A and B are corr

den301095 [7]

Answer:

b

e

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

5 0

2 years ago

During the most recent month, the following activity was recorded: a. Eleven thousand two hundred pounds of material were purcha

VikaD [51]

Complete question:

Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:

Standard Quantity or Hours Standard Price or Rate Standard Cost

Direct materials 4.6 pounds $ 2.50 per pound $ 11.50

Direct labor 0.2 hours $ 12.00 per hour $ 2.40

During the most recent month, the following activity was recorded:

a. Eleven thousand two hundred pounds of material were purchased at a cost of $2.90 per pound.

b. The company produced only 1,120 units, using 10,080 pounds of material. (The rest of the material purchased remained in raw materials inventory.)

c. Five hundred and forty eight hours of direct labor time were recorded at a total labor cost of $6,576.

Solution:

Direct Material price Variance

= (Actual Price - Standard price) x Actual Quantity

= ($2.90 - $2.50) x 10,080 = $4032 (F)

Standard Quantity = 1,120 x 4.6 = 5,152 pounds

Direct Material Quantity Variance

= (Actual Quantity - Standard Quantity) x Standard Price

= (10,080 - 5,152 ) x $2.50 = $12,320 (U)

7 0

3 years ago