Business, 30.03.2020 23:34, benjaminbooth10
Mike Miller is the town manager of Medfield, a town with 50,000 residents. At a recent town meeting, several citizens proposed building a large public swimming pool in the center of town for all of the residents to enjoy. A survey of all 50,000 residents revealed that the pool would be worth $50 to each of them. The cost to build the swimming pool is $1,000,000.
Which of the following is the most efficient option?
a. The pool should not be built because the social value does not exceed the cost.
b. The pool should be built and paid for by the town government and paid for with a tax on the residents because all residents would benefit from it but some residents would not donate if they were asked.
c. The pool should be built and paid for by the wealthiest ten percent of the residents.
d. The pool should be built and paid for with donations collected from residents, as these donations should more than cover the cost of the pool.
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 14:10, Kittylover65
What sources about ecuador should you consult to obtain cultural information about this country that will need to be included in your cultural map?
Answers: 2
Business, 21.06.2019 18:00, chrismed2001
Emily bought 200 shares of abc co. stock for $29.00 per share on 60% margin. assume she holds the stock for one year and that her interest costs will be $80 over the holding period. ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%?
Answers: 2
Business, 22.06.2019 04:30, juliashalnev
The lee family is looking to buy a house in one of two suburban areas just outside of a major city, and air quality is a top priority for them. overall air quality is calculated by taking measures in 100 locations within each suburb and then calculating a measure of central tendency. in one suburb, there is a major bus station that creates very poor air quality at its location but has no impact in the surrounding parts of the suburb. in this situation, which measure of overall suburb air quality would be most useful?
Answers: 3
Business, 22.06.2019 04:50, danny123421
Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.
Answers: 1
Do you know the correct answer?
Mike Miller is the town manager of Medfield, a town with 50,000 residents. At a recent town meeting,...
Questions in other subjects:
Mathematics, 15.10.2019 07:50
History, 15.10.2019 07:50
Mathematics, 15.10.2019 07:50
Mathematics, 15.10.2019 07:50
Health, 15.10.2019 07:50
Mathematics, 15.10.2019 07:50
Mathematics, 15.10.2019 07:50
Computers and Technology, 15.10.2019 07:50
