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2 years ago

Briefly discuss three objectives of the government

1 answer:

6 0

Government aims to influence distribution of income by imposing taxes on the rich and spending more on the welfare of the poor. It will reduce income of the rich and raise standard of living of the poor, thus reducing inequalities in the distribution of income. 3. Economic Stability:

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Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses ma

liq [111]

Answer: $450,000

Explanation:

From the question, we are told that the activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $560 per batch and that Product X has machine hours of 3,000.

Machining cost assigned to poduct X will be gotten by multiplying the machine hours by the activity rate per machine hour. This will be:

= 3000 × $150

= $450,000

4 0

3 years ago

Which of the following is an indirect manufacturing cost in a manufacturing company?

AnnyKZ [126]

Answer:

Explanation:

Indirect costs are costs of production that cannot be directly linked to a unit, activity or product.

Indirect manufacturing costs are cost of production that cannot be directly linked to a good that is produced.

Examples of indirect manufacturing cost include :

Indirect Materials
utility
machine maintenance
Real estate taxes on the factory
Depreciation
Salary of production floor manager

3 0

3 years ago

When using the ice-point method to calibrate a thermometer, you should:

allochka39001 [22]

Your thermometer should be reading 32 degrees Fahrenheit after 30 seconds. If it’s not, it needs to be recalibrated. The ice point method is the most accurate way to calibrate a thermometer. I hope that helps.

3 0

3 years ago

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for s

algol13

Answer:

Jan. 1 Inventory 15,000 units at $60.00

Mar. 18 Sale 12,000 units

Cost of goods sold = 12,000 x $60 = $720,000

Inventory balance = $60 x 3,000 = $180,000

May 2 Purchase 27,000 units at $62.00

Aug. 9 Sale 22,500 units

Cost of goods sold = [($180,000 + $1,674,000) / 30,000] x 22,500 = $1,390,500

Inventory balance = [($180,000 + $1,674,000) / 30,000] x 7,500 = $463,500

Oct. 20 Purchase 10,500 units at $64.20

8 0

3 years ago

Job interviewers often say to job applicants, "tell me about yourself." the purpose of this request is to:

Aleks [24]

The purpose of this question is to:
1) Assess the personal values of the individual.
2) Assess the interviewee's command of language.
3) Assess if the interviewee is witty enough to answer the questions.
4) Assess if the interviewee is able to carry himself well to impress.

Hope this helps you.

5 0

3 years ago

Briefly discuss three objectives of the government​

Briefly discuss three objectives of the government