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2 years ago

Explain the role of corporate in economic development of country.

Business

1 answer:

valina [46]2 years ago

8 0

Answer:

Economic Development

Explanation:

Small business as well as big companies are important drivers of economic growth and prosperity because they provide vital services, goods, and tax revenues that directly benefit the health of the community. Companies also provide opportunities and jobs, boosting the socioeconomic health of the communities where they are located.

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On January 1, 2021, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on t

tresset_1 [31]

Answer and Explanation:

The computation of the ending inventory for the year 2021, 2022 and 2023 is shown in the attachment below

It is to be divided into two parts

1. Inventory converted to the base year in which the base year is considered by taking the cost index

2. Inventory converted to cash in which the inventory converted to the base year, cost index is considered so that the inventory converted to cash could come plus the value of the inventory using the LIFO method also comes

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3 years ago

Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginnin

sukhopar [10]

Answer:

$58,850

Explanation:

Opunui Corporation

Molding Finishing Total

Estimated Total machine-hours (MHs) 6,500 3,700 10,200

Estimated Fixed manufacturing overhead cost $ 18,000 $ 5,500 $ 23,50

Estimated variable manufacturing overhead cost per MH $ 1.00 $ 2.00

Job A Job M

Direct materials $ 16,800 $ 10,600

Direct labor cost $ 23,700 $ 10,300

Molding Variable OH 2,500 8,000

Finishing Variable OH 2,500 2,000

Fixed Molding Expenses (2500/ 6,500)*18000

6923.076 11076.92

<u>Fixed Finishing Expenses 3716.216 (2000/3700)* 5,550= 2973</u>

<u>Total Costs 56,139.3 41,977</u>

6 0

3 years ago

A company uses a process costing system. its assembly department's beginning inventory consisted of 52,400 units, 75% complete w

zalisa [80]

Total transferred units = 121,500
Direct labor costs = $30,000
Completed unit from the ending inventory = 42,400 x 25% = 10600
Now the total units transferred = 121,500 + 10600 = 132100
Direct labor cost per equivalent unit = Direct labor costs / total units transferred
= 30,000 / 132100 = 0.227
Direct labor cost per equivalent unit = 0.23.

5 0

3 years ago

A vendor has learned that, by pricing caramel apples at $1.25, sales will reach 111 caramel apples per day. Raising the price to

Wittaler [7]

Solution:

Slope = y2 - y1 / x2 -x1

slope = 81 - 111 / $2.00 - $1.25

slope = -30/$0.75

So every $0.75 increase causes a decrease of 30 sales.

So the rise over run or slope of the line is -30/0.75 = -40/1

Start forming the equation:

y = mx + b

y = -40x + b

Substitute one of the points to find the y-intercept:

81 = -40(2) + b

Isolate for the y-intercept:

b = 161

So,

y = -40x + 161

7 0

3 years ago

What was not a result of the economic policies of the irish government in the late 1990s?

Evgen [1.6K]

In the early 1990's, Ireland was a poor country. There was a high case of poverty, unemployment, and inflation. Free education was offered in the mid 1990s which produced entrepreneurs. The economic policies of the Irish Government in the late 1990s resulted in the rapid growth of the economy.

3 0

3 years ago

Explain the role of corporate in economic development of country.​

Explain the role of corporate in economic development of country.