Explanation:
STATIC BUDGET ACTUAL VARIANCE
Units 6000 6500
variable costs
Direct material 30000 27500 2500 favorable
Direct labor 66000 65000 1000 favorable
Manufacturing overhead 102000 110000 8000 Unfavorable
Fixed costs
Depreciation 7500 7500 None
supervision 3500 3700 200 Unfavorable
Total expenses 209000 213700 4700 unfavorable
Answer:
$51,300
Explanation:
Given that,
Assets require = $380,000
Return on the invested capital, ROE = 13.5%
ROE = Net income ÷ Total Equity
0.135 = Net income ÷ $380,000
0.135 × $380,000 = Net income
$51,300 = Net income
Therefore, the net income must be expected to warrant starting the business is $51,300.
Note: Since, all of the total assets are financed by the common stock.
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There are lots of government practices. Legal and political practices such as quotas, tariffs, and business practice laws fall under the larger category of protectionism.
<h3>What is protectionism?</h3>
Protectionism is known to be a type of policy that is often applied in protecting domestic industries against any kind of foreign competition through the use of tariffs, subsidies, import quotas, etc.
A common example of protectionism is simply the Common Agricultural Policy (CAP) of the European Union. The European Union is said to often imposes an amount of tariff rates on a lot of agricultural markets.
Learn more about political practices from
brainly.com/question/7807133
