Answer:
$1,456,440
Explanation:
Given that,
Budgeted production = 45,800
Direct labor hours per unit = 1.5
Cost of cutting and sewing labor = $21.20 per hour
Total direct labor hours required:
= Budgeted production × Direct labor hours per unit
= 45,800 × 1.5
= 68,700
Total direct labor cost:
= Total direct labor hours required × cost per hour
= 68,700 × $21.20
= $1,456,440
Answer:
No, a reversal of a ruling shall not be given a retroactive application if it will be prejudicial to the taxpayer.
Explanation:
Based on the information provided it can be said that No, a reversal of a ruling shall not be given a retroactive application if it will be prejudicial to the taxpayer. Meaning that the BIR can not assess ABC Printers for back taxes because ABC Printers was following the rulings made by BIR at that time correctly, the change in ruling applies to taxes only after the change has been made and not before. Therefore as long as ABC Printers begins paying taxes now, then the BIR has no standing.
Answer:
1. High rate of tax payment
2. Stricter Government Policies
3. High rates in crimes, kidnappings and killings
Explanation:
It is evident from statistics that the rate of incarceration in the United States is more than half of most countries in the World. It means that out 716 people out of 100000 people in the world are incarcerated in the United states.This is true due to the following reasons
1. The Economic situation in the states is a bit stricter than anywhere in the world. High taxes on Sole business owners, about 42%. Defaulters are made to face the wrought of the law.
2.
The U.S. criminal justice system has been politicized and more responsive to popular opinion, experts said. The United States also functions as 51 separate countries, because so many of the criminal justice decisions are made at the local and state levels. Legal officers like(Justice, sheriffs, prosecutors, legislators voting on crime laws, have supported the "get tough" policies that makes punishment stricter for offenders.
3. High rates in crime and killings. Crime rates and killings has been on the increase in recent times due to several economic and social factors. children for broken homes are not well brought up to instll moral values that could make them responsible and add value to the society hence they are more prone to social vices
Answer:
c.They are at a disadvantage when paying back borrowed money.
Explanation:
In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.
Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.
The correct answer is D. decreasing inventory to lower costs
If you decrease inventory, then you don't have trapped money. If someone needs something, you can then order the things you need from your supplier and then sell it to the people who ordered it.
