Solution:
Barnes Corporation purchased 75 percent of Nobles’ common stock
During the year, Nobles reports net income of $40,000.
Hence, 75% of net income of Nobbles is attributable to Barnes Corporation.
Barnes reports for income from subsidiary prior to consolidation
= 40,000 x 75%
= $30,000
Answer:
Explanation:
Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour
Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55
Job R:
Direct cost:
Job R - 120H*65=7800
Add: Indirect cost:
120H* 55=6600
TOTAL R JOB=14400
Job P:
DC:
Job P - 160H*65=10400
IC:
160H*55=8800
TOTAL P JOB=19200
Answer:
1. Households decide to save a larger share of their income. - Aggregate-Demand Curve
If households in the economy started saving more of their money then this would leave less money for consumption which is one of the components of Aggregate Demand. When Consumption decreases so also will Aggregate Demand thereby shifting the Aggregate-Demand Curve to the left.
2. Florida orange groves suffer a prolonged period of below-freezing temperatures. - Short-run Aggregate Supply Curve
With the Florida Orange Groves suffering from below freezing temperatures, the oranges will not grow as much leading to a poor harvest. This will reduce the supply of oranges in the economy and shift the short-run Aggregate supply curve left.
3. Increased job opportunities overseas cause many people to leave the country. Both Aggregate-Demand Curve and Short-run Aggregate Supply Curve.
With less people in the Economy, there will be less people spending on goods and services which will cause the Aggregate Demand curve to shift to the left.
Also with people leaving the country, the labor force will decrease which will mean that less people are available to produce goods and services so the short-run Aggregate supply curve will shift left.
Answer:
Downward communication
Explanation:
She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.
Answer:
A tariff on imported cars
Explanation:
