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3 years ago

Affluenza" is a condition where: select one:

1 answer:

Taya2010 [7]3 years ago

8 0

<span>Option A. Greater consumption leads to unhappiness. Affluenza as a term was used as far back as the 50s by critics of consumerism to describe a painful, contagious, socially transmitted condition of overload, debt, anxiety, and waste resulting from the dogged pursuit of more. This pursuit leads to more and more unhappiness. In their book "When Too Much is Never Enough" Clive Hamilton and Richard Denniss pose the question: "If the economy has been doing so well, why are we not becoming happier? They argue that affluenza causes overconsumption because there's excess or surplus for rich consumers.</span>

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You visit a tropical island that has only four goods in its economy—oranges, pineapples, coconuts, and bananas. there is no mone

Reil [10]

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3 years ago

Exercise 5-8 Equivalent Units; Cost per Equivalent Unit; Assigning Costs to Units-Weighted-Average Method [LO5-2, LO5-3, LO5-4]

S_A_V [24]

Answer:

1. Calculate the first production department's equivalent units of production for materials and conversion for May.

materials = 275,000 + 50,000 = 325,000
conversion = 275,000 + 12,500 = 287,500

2. Compute the first production department's cost per equivalent unit for materials and conversion for May.

materials = $169,000 / 325,000 = $0.52
conversion = $253,000 / 287,500 = $0.88

3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May.

materials = 50,000 x $0.52 = $26,000
conversion = 12,500 x $0.88 = $11,000
total = $37,000

4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May.

materials = 275,000 x $0.52 = $143,000
conversion = 275,000 x $0.88 = $242,000
total = $385,000

Explanation:

Beginning WIP 70,000 units

materials $56,100

conversion $16,400

Ending WIP 50,000 units

100% completed for materials (50,000 EU)

25% completed for conversion (12,500 EU)

units started 255,000

total units transferred out 275,000

materials cost added during the period = $112,900

conversion cost added during the period = $236,600

7 0

3 years ago

if for a certain market the quantity demanded is 200 units and the quantity supplied is 250 units. Then, there is:

grin007 [14]

There is a surplus, as you can see, the quantity supplied is more than the quantity demanded.

4 0

3 years ago

Read 2 more answers

The following transactions occur for the Wolfpack Shoe Company during the month of June:

inessss [21]

Answer:

Please see the attached snapshots for the answers.

Explanation:

Debit: Cash $30,000

Credit: Service Revenue $30,000

To record Service Revenue.

Debit: Supplies $20,000

Credit: Accounts Payable $20,000

To record purchase of supplies on account.

Debit: Salaries Expense $7,000

Credit: Cash $7,000

To record salaries Expense.

4 0

3 years ago

During 20--, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,700. Compute the amount of FIC

r-ruslan [8.4K]

Answer:

Total FICA tax is $ 9792+ $ 823.60= $ 10,615.6

Explanation:

The FICA tax is 7.65% for employees wages upto 128,000 and 1.45 % in excess of $ 128,000

Suppose the FICA tax rate is 7.65 % and her monthly salary is $ 7,700*2= $15,400

Her yearly salary is $15,400* 12= $ 184,800 which is above $ 128,000

So the Fica Tax would be = 128,000 * 7.65%= $ 9792

And 1.45 % 0f (184,800- 128,00)$ 56,800= $ 823.60

Total FICA tax is $ 9792+ $ 823.60= $ 10,615.6

6 0

3 years ago