Options:___Corrective taxes
___Tradable permits.
Answer: Corrective taxes
Explanation: Corrective taxes are taxes imposed by Governor on private business organisations in order to compensate for the social impact of their activities. The social impact of some of their activities can be termed as Externalities which are the uncompensated impact of one person's or an organisation's actions on the well-being of a bystanders or society like the case of the Chemical pollution on the water bodies.
Corrective taxes will cause the Organisation causing the pollution to either review and improve its process or change to better business or product.
Answer:
a.The major which has the most graduates is Accounting having 28 Graduates.
b. The major having the highest average starting monthly salary is Accounting Rs.5,650.00.
c. Major of the student with the lowest overall starting salary is Management.
depreciation is an accounting procedure for systematically spreading the cost of a tangible asset over its estimated useful life.
The term depreciation refers to the accounting method used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of the value of an asset has been used. It allows businesses to generate income from the assets they own by paying them over a period of time.
From an accounting perspective, depreciation is defined as a systematic reduction in the recorded cost of a fixed asset until the value of the asset becomes zero or negligible. Examples of fixed assets include buildings, furniture, office equipment and machinery.
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Answer:
$9,955 Favorable
Explanation:
The computation of labor efficiency variance is shown below:-
Actual Hours = 3,800 Hours
Standard Hours = 500 × 8.7
= 4,350 Hours
Standard Rate = $18.10
Labor Efficiency Variance = (Actual hours – Standard hours) × Standard rate
= (3,800 – 4,350) × $18.10
= $9,955 Favorable
So, for computing the labor efficiency variance we simply applied the above formula.
Answer:
<h2>
1. Calculate the activity rates for each cost pool assuming Schell uses an ABC system. </h2>
Material Handling = Cost Assigned to Pool/ (Quantity/Amount Consumed by Standard Floor Mat Line / Quantity/Amount Consumed by Deluxe Floor Mat Line)
= 3,750/( 30 +70)
= $37.50 material move
Quality Control = 13,860/ ( 400 + 600)
= $13.86 per inspection
Maintenance = 21,450/ (4,150 + 3,000)
= $3 per machine hour
<h2>
2. Calculate the amount of overhead that Schell will assign to the Standard floor mat line.</h2>
= Material handling + Quality Control + Maintenance
= (37.5 * 30) + (13.86 * 400) + (3 * 4,150)
= $19,119
<h2>
3. Determine the amount of overhead Schell will assign to the Deluxe product line.
</h2>
= Material handling + Quality Control + Maintenance
= (37.5 * 70) + (13.86 * 600) + (3 * 3,000)
= $19,941
