Which of the following is correct?
a. Markets are always imperfect, so governments must...
Which of the following is correct?
a. Markets are always imperfect, so governments must always interfere to fix them
b. Governments and markets complement each other, with each correcting the problems caused by the other, resulting in efficient outcomes.
c. Governments always suffer from incentives to waste resources, so governments should not be allowed to interfere in the economy.
d. Governments and markets are both imperfect systems, in which people face incentives that sometimes lead to inefficient outcomes.
Answers: 1
Business, 22.06.2019 07:10, Derienw6586
Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.
Answers: 3
Business, 23.06.2019 01:20, celestemaria0727
Erp has all the following advantages except: modules throughout a corporation can communicate with each other while purchasing is difficult, the vendors such as sap make it worthwhile due to easy implementation have predefined software that represents "pretty good practices" or even "best practices" enables standardized procedures in an organization reduces inconsistent data stored in various locations of the organization
Answers: 3
Business, 16.12.2019 23:31
Mathematics, 16.12.2019 23:31
English, 16.12.2019 23:31