Answer:
The direct labor cost cannot be ascertained from the information given in the question
Explanation:
Direct materials+Direct labor cost= $8300000
In order to determine the labor cost of the $8300000, we need a clue as to the percentage of the labor cost in the total of $8300000 or the portion of $8300000 that belongs to direct materials.
Since such a hint is missing,we can simply guess, costs incurred cannot be shared out on a basis that has no relationship with reality,hence, the correct answer is that the direct labor cost cannot be determined based on details provided.
<span>The world’s richest countries are mostly found in Europe.
Therefore Sandra will be presenting most of the countries located in <u>“Europe”</u>.</span>
<span>One possible factor why Europe is so rich is because of
the numerous wars it encountered. Aside
from the wealth obtained in the conquest, wars also lead to advancement in
technology. </span>
a). Breakeven point = Total fixed costs ÷ Contribution margin ratio
Contribution ratio = Contribution margin ÷ Total sales
Contribution ratio = $822,212 ÷ $1,953,000 = 0.421
Breakeven point = $520,000 ÷ 0.421= $1,235,154.
b). Margin of safety = Total Sales - Break-even point
Margin of safety = $1,953,000 – $1,235,154= $717,846.
c) Target profit =(Total fixed costs + Target profit) ÷ Contribution margin ratio
Target profit = ($520,000 + $200,000) ÷ 0.421= $720,000 ÷ 0.421= $1,710,214
Explanation:
The Data sheet has been added as an attachment
Answer:
C, Raises aggregate expenditure by raising liable income, thereby increasing consumption.
Explanation:
Tax is a very important financial tool of any governmet to ensure its smooth running.
Tax can either be increased or decreased and each of these acts have their effects on the the counrty and on its people. For the purpose of this question, i will be sticking to tax decrease.
Tax decrease as the name implies is the reduction of taxes paid by individuals to the government from their taxable incomes.
When tax is reduced, there is a little more money for the people to spend and as such this affects the demand, consumption (of goods) as well as the gross domestic profit; GDP, of the country.
When the people have more money to spend, there is an increase in things they buy, wear, do, etc and so production in that country becomes high.
Tax decrease is most effective in a situations where there is high level of unemployment and slow paced economies.
cheers.
