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2 years ago

why has the voting public who will decide the question of how much government involvement will be in our economy

Business

1 answer:

kolezko [41]2 years ago

5 0

Answer: I can try to help you.

Explanation: In the narrowest sense, the government's involvement in the economy is to help correct market failures or situations in which private markets cannot maximize the value that they could create for society.

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Krepps Corporation produces a single product. Last year, Krepps manufactured 33,100 units and sold 27,800 units. Production cost

AfilCa [17]

Answer:

The correct answer is $95,400 lower than absorption costing.

Explanation:

According to the scenario, the given data are as follows:

Units manufactured = 33,100

Sold units = 27,800

So, Units in ending inventory can be calculated as follows:

Units in ending inventory = Units manufactured - Sold units

= 33,100 - 27,800 = 5,300 units

Now, Fixed manufacturing OH = $595,800

So, we can calculate the fixed manufacturing OH per unit by using following formula:

Fixed manufacturing OH per unit = $595,800 ÷ 33,100 = $18

So, Difference in net income for the year can be calculated as follows:

Net income difference = Fixed manufacturing OH per unit × Units in ending inventory

= $18 × 5,300 units = $95,400

Hence, The net income in variable costing is $95,400 which is lower than in absorption costing.

7 0

3 years ago

PB4.

harkovskaia [24]

Answer:

The process cost summary is given below.

A-Total Material Cost = $22,500

B-Total Conversion costs = $95,625 (45,625+50,000)

C-Units transferred out = 40,000

D-Ending Inventory = 10,000

E-Equivalent units of material = 45,000

F-Equivalent units of conversion costs = 42,500

G-Equivalent cost per unit of material = $0.5 (A/E)

H-Equivalent cost per unit of conversion costs = $ 2.25 (B/F)

I-Equivalent cost per unit = $2.75 (G+H)

J-Cost of inventory transferred = $ 110,000 (I*C)

K-Cost Of Ending Inventory = $ 8,125 (H*(F-C) + (5000*0.5))

4 0

3 years ago

One of the keys to gaining self-esteem is to a. Hold yourself to impossible standards b. Focus on the mistakes you make C. Enjoy

Yanka [14]

Answer:

C. Enjoy the small success you achieve

Explanation:

A sure way of boosting self-esteem is to be nice to once self. One should focus on their positive side by appreciating who they are and their success so far. Comparing oneself with others may not achieve the desired results.

Success brings satisfaction and joy to all of us. Focusing on the little success that one has will uplift their spirits and boost self-esteem.

8 0

2 years ago

Read 2 more answers

A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individ

sleet_krkn [62]

Answer:a.

It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

Explanation:

A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individual who paid for the bond in cash and the bank placed this cash in its vault, by how much would the money supply change as a result - It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

The money supply is the entire stock of currency and other liquid instruments circulating in a country's economy and is given by the formula:

MONEY SUPPLY = RESERVES X MONEY MULTIPLIER

Therefore the bank reserves increasing in the scenario will increase money supplier by the effect of the money multiplier or the reciprocal of the required reserve ratio.

5 0

3 years ago

Which of the following is something that companies are likely to engage in with famous, well-publicized sports teams?

Gnoma [55]

Sponsorship.

Companies will partner with famous teams and players through sponsorship in order to advertise their product to fans.

5 0

3 years ago

Read 2 more answers