Answer:
Veronica will pay more taxes and Matt will pay less taxes to the government
Explanation:
In a progressive tax system, the percentage rate of taxation increases as the income rises. It means that individuals with a high income will be taxed at a higher tax rate than low-income earners. A progressive tax rate is based on an individual income level; the higher the income, the higher the tax rate.
Veronica earns more than Matt. Under the progressive tax system, veronica will be taxed at a higher rate than Matt. Therefore, veronica will pay more taxes than Matt.
Answer:
net sales for the period by Bear's Retail Store: 11,515.8
Explanation:
From the sales revenues we will subtract the returns and discounts.
sales revenues
530
4,900
<u> 6,900 </u>
12,330
sales returns
690 (6,900 for 10 items the custoemr returns 1 item)
<u><em>sales discount on Nancy </em></u>
(6,900 - 690) x 2% = 124.2
net sales: 12,330 - 690 returns - 124.2 discount = 11.515,8
The correct answer to this open question is the following.
Companies can help to ensure they do their part toward achieving the Sustainable Development Goals set out by UNCTAD by establishing a continuing education program so employees can do what is expected on this issue. Management can start funding campaigns to donate some money to the cause. Ask employees to give volunteering time to noble causes and environmental. The company has to set an example from top management to the operational level to do the right thing always, no matter the circumstances.
We are talking about the sustainability development goals created by the United Nations Conference on Trade and Development (UNCTAD).
Answer:
Production cost per unit (under variable cost) = $69.55
Explanation:
Given:
Total unit produced = 36,000
Direct labor = $29 per unit
Direct material = $34 per unit
Variable overhead = $236,000
Total Fixed overhead = $126,000
Computation:
Variable Overhead per unit = $236,000 / 36,000 = $6.55
Production cost per unit (under variable cost) = Direct Labor per unit + Direct material per unit + Direct Variable Overhead per unit
Production cost per unit (under variable cost) = $29 + $34 + $6.55
Production cost per unit (under variable cost) = $69.55
The total amount of money that businesses take in by selling goods and services is called ________. "PROFIT"?