In​ Korea, real GDP per hour of labor is​ $22, the real wage rate is​ $15 per​ hour, and people work an average of 46 hours per week. In the United​ States, real GDP per hour of labor is​ $51, the real wage rate is​ $34 per​ hour, and people work an average of 34 hours per week.

  

Draw the Korean demand for labor curve. Label it

LDK.

Draw the Korean supply of labor curve. Label it

LSK.

Draw a point at the Korean equilibrium real wage rate and employment level.

Draw the U. S demand for labor curve and label it

LDUS.

Draw the U. S. supply of labor curve and label it

LSUS.

Draw a point at the U. S. equilibrium real wage rate and employment level.  

  

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Afood worker has just rinsed a dish after cleaning it.what should he do next?

Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."