If the qu X Econ Ch X
Sociolog X
Econ Tes x
Econ Fin X
7.1 Prod X
Sociolocx
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Question 9
50
If the quantity of bananas sold increases by 5 percent when the price decreases by 10 percent. the price change occurs in the
top half of the downward-sloping straight-line demand curve and total revenue increases from this price change,
bottom half of the downward sloping straight-line demand curve and total revenue increases from this price change.
bottom half of the downward sloping straight line demand curve and total revenue decreases from this price change,
top half of the downward slopine straighthe demand curve and total revenue decreases from this price changes
Question 10
5 pts

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?

Which type of unemployment would increase if workers lost their jobs because their positions were replaced by an automated process? a) cyclical b) frictional c) international d) structural

Speedy auto repairs uses a job-order costing system. the company’s direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics’ hourly wages. speedy’s overhead costs include various items, such as the shop manager’s salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 20,000 fixed overhead cost $ 350,000 variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate. 2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 590 direct labor cost $ 109 direct labor-hours used 6