Based on what you know about the Hawley-Smoot Tariff Act, how can tariffs be both useful and dangerous tools? Give your answer i

Answer and Explanation:

Below is the layout for preparing the answer sheet;

                                 Product Costs

Cost Item                           Direct          Direct    Manufacturing   Period

                                        Materials       Labor    Overhead          Costs

Rent for factory equipment                                                      $11,500  

Insurance  for the factory structure                                  $1,780

Raw materials total     $80,800

Utility expenses for factory                                  $920

Office supplies                                                    $320

Wages for assembly line personnel           $59,700

Depreciation for office equipment                                   $830  

Miscellaneous materials sum  $1,470

Salary for factory manager           $6,200

Property taxes for factory facility        $420

Advertising expenses for helmets                                    $14,900

Sales commissions sum                                            $10,900

Depreciation of the factory building               $1,640

Total                                $80,800     $59,700   $23,930      $26,950  

The production cost per helmet is

= Total production costs ÷ total helmets produced

= ($80,800 + $59,700 + $23,930) ÷ (10,000)

= ($164,430)  ÷ (10,000)

= $16.44

In Tolan's 2014 income statement, royalty revenue amounts to $103,000. Explanation: The royalty revenue for Tolan in the 2014 income statement will include the royalties for January to June paid in September 2014, and those from July to December to be received in March 2015. The amount received for the first half of the year totals $98,500, which applies to that time period. The royalty, calculated as 15% of sales, leads to an estimate of $30,000 for the latter half, producing an additional $4,500. Consequently, the overall royalty income for 2014 totals $103,000.

Answer:

Organize team meetings to concentrate on a limited number of primary concerns.

Explanation:

To achieve the best results from your team, it is essential to structure discussions so they target the critical issues allowing teamwork to resolve ambiguities and problems effectively.

If the department is eliminated, a saving of $10,000 would occur. This is based on the data provided: the annual contribution margin is $35,000, and the annual fixed costs are $70,000. If fixed costs of $25,000 cannot be avoided, the losses when the department operates can be calculated as follows: Loss = contribution margin - fixed costs = $35,000 - $70,000, which indicates a loss of $35,000. If the department were to be removed, the unavoidable fixed cost drops to $25,000, resulting in a loss of $25,000. Therefore, the savings from eliminating the department is calculated as: Savings = $35,000 - $25,000, leading to a total saving of $10,000.

Answer:

B: changes in life roles.

Explanation: