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2 years ago

Suppose Megan is considering emigrating from her home country.

Business

1 answer:

Evgen [1.6K]2 years ago

5 0

Answer:

a. emigrate

b. more

Explanation:

Immigration attractiveness is a factor that draws immigrants to a foreign country. A country becomes more attractive when the economic prospects are brighter than at the home-country. The degree of immigration law enforcement also helps to either attract or deter potential migrants. In recent years, wars and misgovernment have propelled millions to move boundaries. At the same time, countries are imposing migration restrictions by imposing and implementing strict laws.

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Depreciation on the company’s wind turbine equipment for the year is $6,200. The Prepaid Insurance account for the solar panels

GrogVix [38]

Answer & Explanation:

depreciation expense 6,200 debit

accumulated depreciation wind turbine 6,200 credit

to record depreciation expense

insurance expense 2,000 debit

prepaid insurance 2,000 credit

to record expired insurance

unearned revenue 2,200 debit

service revenue 2,200 credit

to record service paid in advance

wages expense 2,400 debit

wages payable 2,400 credit

to record accrued wages for the period

interest receivable 520 debit

interest revenue 520 credit

to record interest earned for the period.

8 0

3 years ago

In its first year of operations Best Corp. had income before tax of $540,000. Best made income tax payments totaling $177,000 du

hodyreva [135]

Answer:

$378,000

Explanation:

Best Corp. has income before tax of $540,000.

The tax rate is 30%. the amount of tax will be 30% of $540,000.

= 30/100 x $540,000

=0.3 x 540,000

=$162,000

Tax amount = $162,000.

Net income = Income before tax - tax amount

=$540,000 - $162,000

=$378,000

8 0

2 years ago

A manufacturer of a very labor-intensive product wishes to employ the 'experience curve' to predict the AVC associated with vari

Rasek [7]

Answer:

with the third doubling, the AVC = $9.11 per unit

Explanation:

The average variable cost (AVC) decreases by 10% with each doubling of cumulative output:

Production level in units AVC per unit

1,000 $12.50 per unit

2,000 $11.25 per unit

3,000 $10.13 per unit

4,000 $9.11 per unit

5 0

3 years ago

An apparel manufacturing plant has estimated the variable cost to be $2.40 per unit. Fixed costs are $2,000,000 per year. Forty

marta [7]

Answer:

BEP units: 42,017

BEP dollars: 2,100,850

unit cost at 100,000 units produced: 22.40 dollars

operating profit : 1,656,000

Explanation:

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

50 - 2.4 = 47.6 contirbution margin per unit

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

2,000,000/47.6 = 42.016,80 BEP units

BEP units x sales price = BEP dollars

42,017 x 50 = 2,100,850

(B)

fixed cosy/ units produced = fixed cost per unit

2,000,000/ 100,000 = 20 fixed cost per unit

fixed cost + variable cost = total cost

20 + 2.40 = 22.4

(C)

There are 40% units sold at the preferred customer at cost

So we sale at gain only 60% of the units:

100,000 units x 60% x 50 = 3,000,000

100,000 units x 40% x 22.40 = 896,000

Total revenue 3,896,000

Cost: 100,000 x 22.40 (2,240,000)

operating profit 1,656,000

4 0

2 years ago

Allstar Exposure designs and sells advertising services to small, relatively unknown companies. Last month, Allstar had sales co

Mariana [72]

Answer:

1. Prepare an income statement for Allstar for the past month.

The income statement is given below.

Sales $ 410,000

Commission Cost ($ 50,000)

Technology Cost ($ 75,000)

R/D Cost* ($ 200,000)

Selling expenses ($ 10,000)

Admin expenses ($ 35,000)

Net profit $ 40,000

* In absence of information it is assumed that research and development costs of $200,000 meet defination of expense as per accounting standard (IAS 38).

2. Briefly explain why Allstar's income statement has no line for cost of goods sold.

As per question Allstars is a service oriented company. In services oriented company there is no good that company is manufacturing and selling. So there will not be any cost of good sold line item in income statement.

6 0

2 years ago

Read 2 more answers