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Strike441 [17]
3 years ago
8

Which of these keeps prices below equilibrium? A. Minimum price B. Price floor C. Minimum-wage laws D. Rent-control laws

Business
1 answer:
joja [24]3 years ago
8 0
The question ask on which of the following choices keeps prices below equilibrium and based on my research and further understanding i came up with an answer of letter D. Rent control laws because they are laws that set a limit on how high rent can be.
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Dibert Inc. has provided the following data concerning one of the products in its standard cost system.Inputs Standard Quantity
Soloha48 [4]

Answer:

Option (C) is correct.

Explanation:

Actual output = 5100 units

Actual direct labor-hours = 3,380 hours

Actual direct labor cost = $74,698

The  labor rate variance:

= (Actual Hours × Actual rate ) - ( Actual Hours × Standard Rate)

= $74,698 - ( 3,380 Hours × $20.40 Per Hour)

= $74,698 - $68,952

= $5,746 U

Since, the Actual is more than the Standard, the Variance is Unfavorable

Hence, the correct answer is $ 5,746 U

5 0
3 years ago
Jacob is a senior manager at Aries LLC. He has been earning significant bonuses in addition to his salary. He often misrepresent
Mila [183]

The name of the concept <em>which is illustrated</em> in this scenario about Jacob seeking deals that would <em>benefit his own interests more than the company </em>he is representing is known as:

  • B. Self dealing

According to the given question, we are asked to state the name of the concept <em>which is illustrated</em> in this scenario about Jacob seeking deals that would <em>benefit his own interests more than the company </em>he is representing.

As a result of this, we can see that Jacob is self dealing because he is acting in his own interests in order to get significant bonuses in addition to his salary.

Therefore, the correct answer is option B

Read more about self dealing here:

brainly.com/question/7212688

7 0
2 years ago
The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u
omeli [17]

Answer:

See attached pictures.

Explanation:

See attached pictures for explanation.

7 0
3 years ago
The local Harley-Davidson motorcycle outlet has special events on Saturday mornings. Vintage bikes are shown, food is served, an
madreJ [45]

Answer:

Harley-Davidson has become a cult

Explanation:

A cult is a self-identified group of people that share a passion or an interest. When a brand becomes a cult brand, it has achieved the highest level of emotional connection to its consumers.

8 0
3 years ago
Sellall Department Stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end:
Goshia [24]

Answer:

Particulars                            Amount

Net sales                               $29,865

Cost of goods sold               <u>$17,820</u>

Gross profit                           $12,045

Selling, gen & admin exp.    $1,710  (1,500+210)

Operating Expenses             <u>$1,700</u>

Operating Income                $15,455

Interest Expenses                 ($1,400)

Interest Revenue                   <u>$160     </u>

Income before tax                $14,215

Income tax expenses            <u>$2,630</u>

Net Income                            <u>$11,585</u>

8 0
3 years ago
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