Social marginal benefit is defined as the private marginal benefit to the consumers plus any costs associated with the consumption of the good that are imposed on others but for which those others are not fully compensated.
What is Marginal benefit?Marginal benefit is the additional benefit that a consumer receives from consuming one additional unit of a good or service. It is the amount that the total benefit increases when one more unit of a good or service is consumed. It is also referred to as the marginal utility of a good or service. There are two types of marginal benefit: private marginal benefit and social marginal benefit. Private marginal benefit is the additional benefit that an individual gets from consuming an additional unit of a good or service. Social marginal benefit is the additional benefit that society as a whole receives from consuming an additional unit of a good or service. Both types of marginal benefit help to explain the demand curves of goods and services and the relationship between price, quantity demanded, and total benefit.To learn more about marginal benefit refer to:
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The ______is a financial statement detailing a firm's assets, liabilities, and owners' equity.
A. balance sheet
B. statement of cash flows
C. manufacturing statement
D. income statement
The income statement is a financial statement detailing a firm's assets, liabilities, and owner's equity. Thus, option 'D' is the correct option.
What is an income statement?One of a company's financial accounts, an income statement or profit and loss account, lists the company's revenues and costs for a specific time period. It describes the process through which revenues are converted into net income or net profit.
A period of time is represented by an income statement (as does the cash flow statement). The balance sheet, on the other hand, only depicts one point in time. There are two ways to create an income statement. The Single Step Income Statement calculates the net income by adding up all receipts and deducting all costs.
In order to get at the net income, the Multi-Step income statement makes a number of calculations, beginning with the gross profit and moving on to operational expenditure estimation. then, after taking the gross profit into account, you get income from operations.
Therefore, option 'D' (income statement) is the correct option.
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The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer.
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
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Answer:
No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.
Explanation:
the actual answer
Before it can be used, a 12-ounce container of liquid fertilizer must be mixed with 96 ounces of water. What fraction of fertilizer
is in the final mixture?
The fraction of fertilizer in the final mixture is 1/9.
A natural or synthetic material called fertilizer that contains chemical ingredients that help plants grow and produce more. Fertilizers may restore chemical elements that previous crops removed from the soil or increase the land's inherent fertility.
Most of the time, fertilizers' contribution to food production is overlooked. For plants, fertilizers are food. The nutrients that crops remove from the soil and replace with fertilizers. Crop yields and agricultural output would be much lower without the addition of fertilizers.
12 oz fertilizer to 96 oz water will make 12+96 = 108 oz of liquid
=12/108
=1/9
1/9 is the fraction of fertilizer in the final mixture.
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the accounting department should only have access to ________ since its function is to
The function of the accounting department is to record and verify changes in money and to do this, the department should have access to financial records.
The accounting department is an important department in all companies that deals with money and registers the changes of it. The functions of the department include:
Verifying money changes are accurate.Registering these changes of money.Moreover, to verify and register all changes in money, this department requires having access to all types of financial records including:
Copies of checks.Copies of receipts.Copies of any bank account transactions.Learn more in https://brainly.com/question/13815204
a copy of the list of checks; record the change in cash. (Accounting 101)
Which of the following represents an isocost line?
C = TC + FC
C = FC + VC
C = TC - VC
C = wL + rK
The equation C = wL + rK represents an isocost line, showing combinations of labor and capital that can be purchased at a given total cost.
C = wL + rK represents an isocost line.
An isocost line shows the various combinations of inputs (in this case, labor and capital) that can be purchased at a given total cost (C).
In the equation C = wL + rK, w represents the wage rate for labor, L represents the quantity of labor, r represents the rental rate for capital, and K represents the quantity of capital.
By varying the quantities of labor and capital, the total cost remains constant along the isocost line.
Therefore, option D) C = wL + rK correctly represents an isocost line.
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True or false: The first decision that is necessary to make merchandise flow is to choose a transportation company.
Answer:
False
Explanation:
What is a transportation company called?
Courier companies are usually spin-offs from freight forwarders. There are various types of courier companies, such as airfreight courier companies or road couriers.To learn more about it, refer
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Landis Inc. is considering the introduction of a new product. This product can be produced in one of several ways: 1. Using the present assembly line at a cost of $28 per unit 2. Using the current assembly line after it has been overhauled (at a cost of $10,000) with a cost of $25 per unit 3. On a new assembly line (costing $35,000) designed especially for the new product with a per unit cost of $21 Landis is worried however, about the impact of competition. If no competition occurs, they expect to sell 15,000 units the first year. With competition, the number of units sold is expected to drop to 9,000. At the moment their best estimate is that there is a 52% chance of competition. They decided to make their decision based on the first years sales. Based on evaluating cost, determine the following: a. What is the EMV for using the present line? (Select] b. What is the EMV for overhauling the present line? (Select) > c. What is the EMV for installing a new assembly line? (Select ] d. Based on evaluating overall cost, which decision should Landis Inc. make? [Select]
a. To calculate the EMV for using the present assembly line, we need to calculate the expected cost of production and subtract it from the expected revenue:
Expected revenue = 15,000 units * $40 per unit = $600,000
Expected cost = 15,000 units * $28 per unit = $420,000
EMV = $600,000 - $420,000 = $180,000
b. To calculate the EMV for overhauling the current assembly line, we need to calculate the expected cost of production and subtract it from the expected revenue, taking into account the overhaul cost:
Expected revenue = 15,000 units * $40 per unit = $600,000
Expected cost = 15,000 units * $25 per unit + $10,000 / 15,000 units = $27 per unit
Total expected cost = 15,000 units * $27 per unit = $405,000
EMV = $600,000 - $405,000 = $195,000
c. To calculate the EMV for installing a new assembly line, we need to calculate the expected cost of production and subtract it from the expected revenue, taking into account the cost of the new assembly line:
Expected revenue = 15,000 units * $40 per unit = $600,000
Expected cost = 15,000 units * $21 per unit + $35,000 / 15,000 units = $23.33 per unit
Total expected cost = 15,000 units * $23.33 per unit = $350,000
EMV = $600,000 - $350,000 = $250,000
d. Based on evaluating overall cost, Landis Inc. should choose to install the new assembly line, as it has the highest EMV. However, they should also consider the risk of competition, as a drop in sales could significantly impact their profitability.
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Part of making a plan to __________ involves searching for scholarships, saving, and talking with your family about what kind of financial help you'll get.
Pay cash for college
Live in a dorm
Take out a student loan
Get good grades
"Part of making a plan to Pay cash for college involves searching for scholarships, saving, and talking with your family about what kind of financial help you'll get." Option A is correct.
Paying for college can be a significant financial burden, and planning ahead can help alleviate some of the stress. One crucial aspect of this planning process is to search for scholarships, grants, and other forms of financial aid that can help offset the cost of tuition. Saving money by setting aside a portion of your income or seeking part-time work can also be helpful.
Additionally, talking with your family about what kind of financial assistance they may be able to provide can provide clarity and help you create a more realistic budget. By taking these steps, you can create a solid plan to pay for college and minimize the financial strain on you and your family.
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a beverage company headquartered in miami selects a brazilian manager to run its mexican operations. in this example, the brazilian manager is a
In this example, the Brazilian manager selected to run the Mexican operations of the beverage company headquartered in Miami would be considered an expatriate.
An expatriate is an individual who is temporarily or permanently living and working in a country other than their home country. The term "expatriate" is often used to describe individuals who are sent by their company to work in a different country, bringing their expertise and knowledge to the foreign operation. In this case, the Brazilian manager is chosen to oversee the Mexican operations, bringing their managerial skills and experience to the role.
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A planned order cannot be changed as to quantity or finish date when it is being converted.
(a) True
(b) False
The statement is false as a planned order can be changed in terms of quantity or finish date during the conversion process into a production order.
During the conversion process of a planned order into a production order, it is possible to make changes to the quantity or finish date. This flexibility allows for adjustments based on more accurate production requirements, optimizing the use of resources and ensuring that production schedules align with the current needs of the organization.
The conversion order, which specifies the start and end dates as well as the quantity to be produced, serves as the basis for converting the planned order into a production order. It provides an opportunity to modify the planned order to better reflect the actual production needs.
In conclusion, the statement "A planned order cannot be changed as to quantity or finish date when it is being converted" is indeed false.
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Which of the following is a common way to describe a product that is being offered for sale? (Select the best answer.) In business On exchange On the market In the market
One common way to describe a product that is being offered for sale, is On the market.
How can we describe a product being offered?If you want to describe a product being offered then the best way to do so is to do it on the market.
This is because the market is where buyers and sellers meet and so this will be the place where a product can best be described to get it sold.
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A context diagram of the Cargo Shipping Process from the perspective of the CArgo Section at CaribAir
The context diagram provides a high-level view of the cargo shipping process and the interactions between the Cargo department at CaribAir and its external entities. It helps to ensure that all stakeholders are accounted for and that the system operates effectively and efficiently to meet the needs of its customers.
A context diagram is a high-level view of a system that shows its interactions with external entities. In the context of the cargo shipping process from the perspective of the Cargo department at CaribAir, the context diagram would illustrate the external entities that interact with the department, including customers, shipping agents, freight forwarders, and other stakeholders.
The Cargo department at CaribAir is responsible for managing the shipment of goods via air transport. This involves receiving and processing orders from customers, coordinating with shipping agents and freight forwarders, preparing cargo for transport, and ensuring that it is delivered to its destination safely and on time.
The context diagram would show the external entities that interact with the Cargo department at CaribAir, including customers who place orders, shipping agents who provide information on cargo availability and transportation options, freight forwarders who coordinate the shipment of goods, and other stakeholders such as customs authorities and regulatory bodies.
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Complete question:
Describe the context diagram of the cargo shipping process from the perspective of the CArgo department at CaribAir and understand what CArgo is
Madison wants to buy a car that will cost 15160 if Madison plans to save 1684 per month how many months will be necessary to save?
ASAPP PLZZZZ
3. In the mythical kingdom of Erehwon, the basic unit of money is the rudolf. At today's exchange rate, 4 rudolfs are equal to $1. A U.S. tourist in Erehwon wishes to purchase a guidebook to the country. The price is 6 rudolfs. How much is this in U.S. money?
(A) $1.50
(B) $6
(C) $4
(D) $24
Last month, you lent a work colleague $5000 to cover some overdue bills. He agreed to pay you in 1 month with interest at 2% for the month, thus owing you $5100. Today, when the repayment is due, he asked you to extend the loan for another month and he would pay you the $5100 next month. In the meantime, you have had the offer to invest as much as you wish in an oil-well venture that is expected to pay 28% per year and a hot new IT stock that is estimated to return 45% the first year. If you let your colleague have another month, what is the opportunity cost of your decision
Answer:
The opportunity costs of letting your colleague to extend the loan for another month are:
invest in oil-well venture = $5,100 x 28% = $1,428invest in new IT stock = $5,100 x 45% = $2,295Your total opportunity cost depends on what you actually decide to do with the money, if you invest all of it on the oil-well venture it is $1,428, or all of it in the new IT stock it is $2,295, but if you invest 50/50 on each, then the opportunity cost would be $1,861.50, or any other possible combination.
Opportunity costs are the extra costs or benefits lost from choosing one investment or activity over another alternative.
Matt and elaine are brokers who plan to go into business together, and theyre working on a business plan to present to prospective lenders. which section will provide a synopsis of the plan?
Matt and elaine are brokers who plan to go into business together, and they're working on a business plan to present to prospective lenders.
The synopsis is a shortened version of your small company's business plan.
Example of a Synopsis. Here's an example of a short synopsis of the story of Jack and Jill: Jack and Jill is the story of a boy and a girl who went up a hill together. They went to fetch a pail of water, but unfortunately, their plan is disrupted when Jack falls and hits his head, and rolls back down the hill.
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The synopsis is a shortened version of your small corporation's marketing strategy. It must summarize the ancient overall performance of the organization and its mission and its increase over the next three to five years.
A synopsis is a short summary that gives readers a top-level view of the primary points. In an academic context, this is often a summary of textual content (a magazine article, ebook, report, and so on) but sometimes you might be writing a synopsis of a communication, movie, or different shape of presentation.
The synopsis is the gist of your deliberate assignment submitted for approval from capable authorities. It gives a panoramic view of your studies for brief analysis by using the reviewers. accordingly, a protocol or a synopsis bureaucracy is a vital part of a research mission or a thesis.
A synopsis has to have the following headings: title: must mirror the targets of the have a look at. It has to be written after the complete synopsis has been written so that it is a real representative of the plan (i.e. the synopsis). advent: have to include a brief heritage of the chosen subject matter
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Robinson Corporation has $27 million of bonds outstanding that were issued at a coupon rate of 10. 950 percent seven years ago. Interest rates have fallen to 10. 250 percent. Mr. Brooks, the Vice-President of Finance, does not expect rates to fall any further. The bonds have 17 years left to maturity, and Mr. Brooks would like to refund the bonds with a new issue of equal amount also having 17 years to maturity. The Robinson Corporation has a tax rate of 30 percent. The underwriting cost on the old issue was 2. 70 percent of the total bond value. The underwriting cost on the new issue will be 1. 80 percent of the total bond value. The original bond indenture contained a five-year protection against a call, with a 6 percent call premium starting in the sixth year and scheduled to decline by one- half percent each year thereafter. (Consider the bond to be seven years old for purposes of computing the premium. ) Use Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Assume the discount rate is equal to the aftertax cost of new debt rounded up to the nearest whole percent (e. G. 4. 06 percent should be rounded up to 5 percent).
The cost of issuing new bonds is $27.05 million, which is greater than the market value of the old bonds of $54.75 million. Hence, it is not beneficial for Robinson Corporation to refund its outstanding bonds at this time.
To determine whether it is beneficial for Robinson Corporation to refund its outstanding bonds, we need to compare the cost of the old bonds to the cost of issuing new bonds.
First, let's calculate the current market value of the old bonds:
PV = C x (1 - (1 + r)-n)/r + F/(1 + r)n
Where:
PV = present value
C = coupon payment
r = discount rate (10.250%)
n = number of periods (17 years x 2 semi-annual periods = 34)
F = face value
PV = $54.75 million
Next, let's calculate the call price of the old bonds:
Call price = Face value x (1 + call premium rate)
Call premium rate = 6.0% + (7 - 6) x 0.5% = 6.5%
Call price = $27 million x (1 + 6.5%) = $28.755 million
Since the current market value of the old bonds is less than the call price, Robinson Corporation cannot call the bonds. Instead, it can only refund them by issuing new bonds.
The cost of issuing new bonds can be calculated as follows:
Coupon payment = Face value x coupon rate = $27 million x 10.950% = $2.955 million
Underwriting cost on old issue = $27 million x 2.70% = $0.729 million
Underwriting cost on new issue = $27 million x 1.80% = $0.486 million
Total proceeds from new issue = Face value - underwriting cost = $27 million - $0.486 million = $26.514 million
To calculate the after-tax cost of new debt, we need to calculate the before-tax cost of debt and adjust it for taxes:
Before-tax cost of debt = coupon payment / proceeds from new issue = $2.955 million / $26.514 million = 11.15%
After-tax cost of debt = before-tax cost of debt x (1 - tax rate) = 11.15% x (1 - 30%) = 7.805%
The discount rate is equal to the after-tax cost of new debt rounded up to the nearest whole percent, which is 8%.
Using the discount rate of 8%, we can calculate the present value of the cash flows from the new issue:
PV = C x (1 - (1 + r)-n)/r + F/(1 + r)n
Where:
PV = present value
C = coupon payment
r = discount rate (8%)
n = number of periods (17 years x 2 semi-annual periods = 34)
F = face value
PV = $27.05 million
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How long does it take for refund to be approved 2021.
The time it takes for a tax refund to be approved in 2021 can vary depending on several factors. The Internal Revenue Service (IRS) typically provides general guidelines, but individual circumstances and the complexity of the tax return can impact the timeline.
In a normal tax season, the IRS aims to issue most tax refunds within 21 days of accepting the return. However, it's important to note that this is an estimated timeframe and not a guarantee. Various factors can affect the processing time, such as the accuracy of the return, any errors or inconsistencies, and the presence of refundable credits or other complexities.
In 2021, there may be additional factors that can influence the approval timeline. For example, the IRS faced significant challenges and delays due to the COVID-19 pandemic, including extended tax filing deadlines and staffing limitations. While the IRS has worked to process returns as efficiently as possible, there may still be some backlog and delays in certain cases.
To get a more accurate estimate of the refund approval timeline for your specific situation, it is recommended to use the IRS's "Where's My Refund?" online tool. This tool allows taxpayers to track the progress of their refund and provides real-time updates on its status. It typically provides a more accurate estimate based on the information provided in your tax return.
It's worth noting that the IRS processes returns on a first-in, first-out basis, so the timing of your refund approval may depend on when your return was submitted and accepted. If you have concerns or questions about your refund, it's best to consult the IRS website or contact their customer service helpline for the most up-to-date information and assistance.
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A refund typically takes a few days to several weeks to be approved, depending on the method of payment used and the specific policies of the retailer or service provider. In general, refunds for credit card transactions tend to be processed faster than refunds for other payment methods, such as debit cards or bank transfers.
In addition, the reason for the refund can also affect the processing time. For example, refunds for cancelled orders or returned items may be processed faster than refunds for disputed charges or fraudulent transactions.
In general, it is best to contact the retailer or service provider directly to inquire about the status of a refund and to understand their specific policies and timelines. It is also important to keep all documentation related to the refund, including receipts, order confirmations, and communication with the retailer or service provider, in case any issues arise.
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mathstatistics and probabilitystatistics and probability questions and answersyou want to estimate the mean sat score for a population of students with a 90% confidence interval. assume that the population standard deviation is =100 if you want the margin of error to be approximately 10, which of the following would be the required minimal sample size? a) 13 b) 271 c) 26 d) 165
Question: You Want To Estimate The Mean SAT Score For A Population Of Students With A 90% Confidence Interval. Assume That The Population Standard Deviation Is =100 If You Want The Margin Of Error To Be Approximately 10, Which Of The Following Would Be The Required Minimal Sample Size? A) 13 B) 271 C) 26 D) 165
You want to estimate the mean SAT score for a population of students with a 90% confidence interval. Assume that the population standard deviation is\sigma=100 If you want the margin of error to be approximately 10, which of the following would be the required minimal sample size?
A) 13
B) 271
C) 26
D) 165
Rounding up to the nearest whole number, the required minimal sample size would be 271.
To determine the required minimal sample size for estimating the mean SAT score with a 90% confidence interval and a margin of error of approximately 10, we can use the formula:
n = (Z * σ / E)²
Where:
n = sample size
Z = Z-score for the desired confidence level (90% confidence level corresponds to a Z-score of approximately 1.645)
σ = population standard deviation
E = margin of error
Plugging in the values:
Z ≈ 1.645
σ = 100
E = 10
n = (1.645 * 100 / 10)²
n ≈ 270.576
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If you got nausea heartburn indigestion upset stomach diarrhea what comercial is it off of
Answer:
PEPTO BISMOL
Explanation:
lol
Answer: Pepto bismo
Explanation:i say the comorical yesterday
when do diminishing marginal returns occur
Please help!!!!!!!
Answer:
Diminishing Marginal Returns occur when increasing one unit of production, whilst holding other factors constant – results in lower levels of output. In other words, production starts to become less efficient. For example, a worker may produce 100 units per hour for 40 hours.
Explanation:
Diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in overall output or productivity.
Diminishing marginal returns typically occur when the input of a particular factor of production, such as labor or capital, is increased while keeping other inputs constant. Initially, as more units of the input are added, the output or productivity increases at an increasing rate. This is known as increasing marginal returns.
However, as the input continues to increase beyond a certain point, the additional output gained from each additional unit of input begins to diminish. This means that the increase in output becomes smaller and smaller for each additional unit of input. The law of diminishing marginal returns states that there is a point at which the marginal returns start to diminish.
This phenomenon can be explained by various factors. For instance, when more labor is added to a fixed amount of capital, the workspace may become crowded, leading to inefficiencies and reduced output per worker. Similarly, when more fertilizer is applied to a fixed plot of land, there comes a point where additional fertilizer has a minimal impact on crop yields.
In summary, diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in the overall output or productivity. This happens after a certain point when the marginal returns begin to diminish.
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what important tasks must the closing agent complete in preparation for closing? a) conduct a final inspection of the property b) prepare the loan estimate and the deed c) prepare the deed and execute an affidavit of title d) prepare the deed and the closing disclosure
The task that the closing agent must complete in preparation of closing is d) prepare the deed and the closing disclosure.
The organisation that carries out the "closing" in accordance with the contract's conditions is known as a closing agent. This organisation is in charge of offering the title and settlement services necessary to transfer title from the seller to the buyer.
When preparing a closing, the deed which refers to the closing deal as well as the mentioning of the full closing disclosure has to be done. Hence, the correct option is d and it mentions the deed and the closing disclosure.
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manufacturing company manufactures blue rugs using wool and dye as direct materials. one rug is budgeted to use skeins of wool at a cost of per skein and gallons of dye at a cost of per gallon. all other materials are indirect. at the beginning of the year, has an inventory of skeins of wool at a cost of and gallons of dye at a cost of . target ending inventory of wool and dye is zero. uses the fifo inventory cost flow method.
To calculate the direct materials cost for manufacturing blue rugs, you need to consider the usage of skeins of wool and gallons of dye.
First, let's calculate the cost of direct materials used:
1. Calculate the cost of wool used:
- Multiply the number of skeins of wool used per rug by the cost per skein.
- For example, if each rug uses 2 skeins of wool and the cost per skein is $10, the cost of wool used per rug would be 2 * $10 = $20.
2. Calculate the cost of dye used:
- Multiply the number of gallons of dye used per rug by the cost per gallon.
- For example, if each rug uses 1 gallon of dye and the cost per gallon is $5, the cost of dye used per rug would be 1 * $5 = $5.
3. Add the costs of wool and dye used to get the total direct materials cost per rug.
- In our example, the total direct materials cost per rug would be $20 + $5 = $25.
Now, let's calculate the total direct materials cost for the manufacturing company:
4. Determine the number of rugs produced.
- This information is not provided in the question, so I cannot provide an exact answer. However, let's assume the company plans to produce 1,000 rugs.
5. Multiply the total direct materials cost per rug by the number of rugs produced to get the total direct materials cost for the company.
- Using our example, if the company plans to produce 1,000 rugs, the total direct materials cost for the company would be $25 * 1,000 = $25,000.
Remember, this calculation assumes that there are no indirect materials costs and that the company uses the FIFO inventory cost flow method.
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What is the standard deduction for marry filing joint for tax year 2017?
Answer: $12700
Explanation:
Standard deduction refers to the portion of income that's not being subjected to tax which can be used in the reduction of the tax bill. It should be noted that the amount of one's standard deduction will be based on the age, filing status, age, as well as some other criteria.
For taxpayers who don’t itemize, it should be noted that the 2017 standard deduction depends on the filing status and this include:
Single = $6,350
Married Filing Jointly = $12,700
Married Filing Separately = $6,350
Head of Household = $9,350
Qualifying Widow(er) = $12,700
the fund available to the texas legislature for general appropriations purposes is called the
The fund available to the Texas Legislature for general appropriations purposes is called the "General Revenue Fund".
The General Revenue Fund is the primary source of funding for the state budget in Texas, and it is used to support a wide range of programs and services, including education, healthcare, public safety, and infrastructure.
The amount of money available in the General Revenue Fund is determined by the state's economy and tax revenue. The Texas Legislature meets every two years to pass a state budget, and the budget includes appropriations from the General Revenue Fund for various programs and services.
The Legislature also has the authority to transfer money between different accounts within the General Revenue Fund as needed to support the state's priorities.
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Lina wants to be a lawyer for her future career. Which extracurricular activity would be the most helpful?
O teacher's aide
O marching band
O speech and debate
O soccer
Answer:
speech and debate
when the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is:
When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is linear.
The production possibility frontier or PPF is a curve on the graph which illustrates the possible quantities which can be produced of two products and if both depends upon the same finite resources for their manufacturing. The PPF is also referred to as production possibility curve.
PPF also do play a crucial role in economics. It demonstrates that whether a nation's economy has reached the highest level of efficiency possible or not.
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Jim and Jane purchased their house a year ago and have been transferred out of town. They paid $275,000 for the property and ended up after expenses with only $225,000. Their percentage of loss on the sale was:
Answer:
18%
Explanation:
Original cost: $275,000
Selling price: $225,000
Loss: $50,000
50,000/275,000=0.18
0.18x100=18%
:)
you just graduated from high school and you are headed to a new town. your parents gave you $15,000 to start your new journey. what type of account(s) are you going to open and how much are you going to put into them? you will need to create a budget explaining how you plan to allocate your money. describe your plans and budget below and provide an explanation for your decisions
I would open a high-yield savings account and deposit $10,000. The remaining $5,000 will be kept in a checking account for day-to-day expenses and emergencies.
Here is an example of how you could allocate your $15,000:
Emergency Fund - $3,000
It's important to have a safety net in case of unexpected expenses. Keeping $3,000 in a high-yield savings account as an emergency fund would be a wise decision.
Checking Account - $2,000
A checking account is essential for day-to-day expenses such as groceries, rent, and utilities. You can keep $2,000 in your checking account to cover your expenses for a few months.
Roth IRA - $5,500
You can contribute up to $5,500 annually to a Roth IRA. Since you are young and have a long time horizon for retirement, investing in a Roth IRA would be a smart choice. You can invest in low-cost index funds or target-date funds with a long-term investment strategy.
Brokerage Account - $3,000
If you have extra money to invest after funding your Roth IRA, you can open a brokerage account and invest in individual stocks, ETFs, or mutual funds.
Savings Account for Short-Term Goals - $1,500
If you have short-term goals such as buying a car or taking a trip, you can keep $1,500 in a savings account to work towards those goals.
By allocating your money in this way, you are able to have a diversified portfolio with money set aside for emergencies, short-term goals, and long-term retirement savings. Make sure to keep track of your expenses and adjust your budget accordingly as your income or expenses change. Best of luck on your new journey!
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Drag each label to the correct location on the image.
Match the activities with the relevant accounting principles.
a document backs a
transaction
a practice eliminates the
bias of the accountant
a company maintains the
same accounting practices
across accounting periods
an auditor approves
the authenticity of a
transaction
/ Objectivity
/ Consistency
Here is the correct matching:
a document backs a transaction - Objectivitya practice eliminates the bias of the accountant - Objectivitya company maintains the same accounting practices across accounting periods - Consistencyan auditor approves the authenticity of a transaction - ObjectivityWhat are these accounting principles.In accounting, objectivity is the principle of relying on verifiable evidence and eliminating personal bias. This includes having supporting documents for transactions and ensuring that auditors assess authenticity without bias.
Consistency is another principle that requires maintaining the same accounting practices across periods to allow for meaningful comparisons. These principles contribute to accurate and reliable financial reporting.
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