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MaRussiya [10]
2 years ago
14

A gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the _____ principle

.
Business
1 answer:
Volgvan2 years ago
8 0

The principle that's illustrated by the gas tax is known as the benefit received principle.

<h3>What's a tax?</h3>

It should be noted that a tax is a compulsory payment that generate revenue to the government.

In this case, a gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the benefits received principle.

Learn more about tax on:

brainly.com/question/25783927

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If contribution margin is $220000, sales is $400000, and net income is $180000, then variable and fixed expenses are:________
alexira [117]

Answer:

Total variable cost= $180,000

Fixed costs= $40,000

Explanation:

Giving the following information:

Contribution margin= $220,000

Sales= $400,000

Net income= $180,000

<u>The contribution margin formula is as follow:</u>

Total Contribution margin= sales - total variable cost

<u>Therefore, we need to isolate the total variable cost and replace the variable with the data:</u>

Total variable cost= sales - total contribution margin

Total variable cost= 400,000 - 220,000

Total variable cost= $180,000

<u>Finally, the fixed costs:</u>

Fixed costs= total contribution margin - net income

Fixed costs= 220,000 - 180,000

Fixed costs= $40,000

6 0
3 years ago
Morocco desk co. purchases 6,000 feet of lumber at $6 per foot. The standard price for direct materials is $5. The entry to reco
Natali [406]

Answer:

Option (a) is correct.

Explanation:

Given that,

Lumber purchased = 6,000 feet

Cost per foot (actual price) = $6

Standard price for direct materials = $5

Cost of purchasing material:

= Quantity of lumber purchased × Price per foot

= 6,000 × $6

= $36,000

Direct materials price variance:

= (Standard Price - Actual Price) × Actual Quantity purchased

= ($5 - $6) × 6,000

= $6,000 Unfavorable

Therefore, the journal entry is as follows:

Direct Materials  A/c Dr. $30,000

Direct Materials Price Variance A/c Dr. $6,000

                To Accounts Payable            36,000

(To record the purchase and unfavorable direct materials price variance)

7 0
3 years ago
The supplies account has a trial balance of $3,226. a year-end inventory shows $1,752 worth of supplies left at the end of the y
Finger [1]
4,000 is the answer hope this helps
3 0
4 years ago
Allocating a transaction price to multiple performance obligations includes which of the following steps: Consolidate the compon
rjkz [21]

Answer:

The best measure of fair value is what the good or service could be sold for on a standalone basis (standalone selling price).

Explanation:

A performance obligation can be defined as a promise made in a contractual agreement by a seller or service provider to provide goods and services to a customer. This obligation exists only if a customer can benefit from the goods or services provided.

Allocating a transaction price to multiple performance obligations includes;

The best measure of fair value is what the good or service could be sold for on a standalone basis (standalone selling price).

7 0
3 years ago
John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most
inessss [21]
Probably rent to buy but if that isn't an answer tell me the options.
3 0
3 years ago
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