“the personal income and payroll taxes are already too high. i think business should shoulder a larger share of the tax burden.” have you ever heard a politician make a statement like this? does the statement reflect sound economics? why or why not?

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40

What are the weak points of economic costs that are part of a free enterprise economy?