Q5) In 2018, two members of Congress introduced the Stop Bad Employers by Zeroing Out Subsidies Act, which would tax firms whose employees receive government assistance. These members of Congress thought this legislation would give firms a reason to raise employee wages so fewer employees would receive the government assistance. Economists at the Center on Budget and Policy Studies believed that the implementation of this legislation would
a) result in most employers raising employee wages substantially.
b) result in many employers likely seeking to reduce the number of low-wage workers they employ.
c) actually reduce the wages of all workers.
d) have little to no impact on the number of low-wage workers being employed.
Answers
The Center for Budget and Policy Studies' economists predicted that when this legislation went into effect, many firms will try to cut back on the number of low-wage workers they employ.Thus ,option b is correct.
In order to levy a tax on large firms whose employees get specific federal benefits throughout the year, this measure changes the Internal Revenue Code. An employer is considered a "big employer" if they averaged at least 500 employees working during regular business hours the year prior. The Zeroing Out Subsidies Act made it a requirement that large employers (those with more than 500 employees) who have employees who get government assistance pay tax equivalent to the amount of assistance given to those employees. Employer subsidies are not what these are, and to claim otherwise is a falsehood. The funds do not get to the businesses.We have agreed that residents of the US should have a certain basic quality of living.To know more about Zeroing act subsidies visit:
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Related Questions
analysis of marketing perspectives over time. As a business, what perspectives will you use to develop a sustainable business?
Answers
A company activity is typically viewed as sustainable if it is both financially feasible and socially and environmentally responsible. Businesses that incorporate ethical business practices and environmental awareness as key components of their growth strategy frequently produce sustainable economic values.
What do you mean by Business?An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business.
An examination of the market might reveal information about your competitors and potential clients. The following are the main parts of the market analysis: Analyze the broad industrial environment in which you compete through industry analysis. Determines and quantifies the clients you will target for sales through target market analysis.
Therefore, A company activity is typically viewed as sustainable if it is both financially feasible and socially and environmentally responsible.
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Opposing Claims Quick Check
What does it mean for a claim to be debatable?(1 point)
Question 1
A It can be proven true or false.
B It is based on facts that cannot be refuted.
C It can be supported with evidence.
D It is something people could have differing opinions about.
2
A Why is it important to address opposing arguments when writing an argument?(1 point)
B It shows why the opposing argument should not be considered by your readers.
C It strengthens your claim because you have a chance to explain why it is invalid.
D It shows that your opinion on the topic is the best opinion.
E It convinces people that you have done a lot of research on your topic.
3
A What does it mean to refute an opposing argument?(1 point)
B to show that you are an expert on the topic you are writing about
C to provide reasons why it is wrong
D to support the argument with facts and examples
E to explain your claim in detail
Use the sentence to answer the question.
Claim: Middle school students should be provided with an outdoor recess as part of the school day.
Which sentence includes an opposing claim?
(1 point)
There is not enough time in the school day for middle school students to be allowed a large amount of free time.
Most teenagers do not get enough exercise and should be given the opportunity to get exercise while at school.
Research shows that middle school students would prefer to spend time socializing with their friends outside of school hours.
Students who have time to relax in the middle of the day are more focused and perform better in their studies.
Answers
Answer:
1)D 2)C
Explanation:
(I took the test got a 100%)
1) what makes something debatable is when others have different opinions about it.
2)when you explain what they other persons claim is and then show how it wrong then it makes ur claim look like a better on to agree with
Answer:
i am from connexus i just took the quick check here are the correct answers
Explanation:
1. D. it is something people could have differing opinions about.
2. C. it strengthens your claim because you have a chance to explain why it is invalid
3. C. to provide reasons why it is wrong
4. There is not enough time in the school day for middle school students to be allowed a large amount of free time.
i hope this helps and please let me know if it does
How can you make positive economic choices?
Answers
Answer:
All choices require giving up something in your life whether that is friends or family, or things that you really want. Economic choices require you to think do you really want this and what is the benifit out of it, like what do you get out of making this decision. The economic things are what will be produced, how will it be produced, and how will the output society produces be distributed
Explanation:
The relationships between the dependent variables and the independent variables used in causal forecasting methods are described by two measures. What following best describes these measures?
Answers
Answer:
Coefficient of Chaos and Coefficient of Exponential smoothing.
Explanation:
Coefficient of exponential smoothing is the measure to smoothly run the timeseries data without using moving average data. It helps the identification of relationship between dependent and independent variables. It is same as regression model technique which determines the extent of dependence of the two variables.
What is the principle portion of the 200th payment of a fully amortizing $250,000, 30-yeqr fixed loan with an interest rate of 4.825 percent?
What is the total monthly interest and principle payments through month 100?
Answers
The exact amortisation plan would determine the principal component of the 200th payment of a fully amortising $250,000, 30-year fixed loan with an interest rate of 4.825 percent.
What does a 5-year term with a 25-year amortisation mean?A loan can have a five-year term, but the payments might follow a 25-year amortisation schedule. This has the advantage of lowering the monthly payment for the borrower to reduce cash expenditure, but it also results in a "balloon payment" at the end of the period.
How is the principle payment on an amortised loan determined each period?Take the total loan amount and multiply it by the interest rate starting in month one loan. Then, divide the result by 12 to obtain the monthly interest for a loan with monthly installments. The amount that is applied to the principal is determined by deducting the interest from the total monthly payment.
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Which of the following usually carries the highest interest rates?
Answers
Answer:
What is the following?
A consumer has a budget of 10$ good x and y. Both these goods have the same utility function shown above.
Answers
A consumer will buy 4 units of goods X of 4$ and 3 units of goods Y of 6$. with the budget of 10$.
What is budget?Budget is the total amount that a consume is willing to spend on something. It is a financial document used to decide future income and expenses.
As per the question, A consumer has a budget of 10$ so he can spend that amount on the products X and Y as, product x is of 1$ and the product is of 2$ so the consumer can spend 4$ to purchase product X and 6$ to purchase on product Y.
Bifurcation of the products as,
(1$*4)= 4 units of 4$ and (2$*3)= 3 units of 6$.
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What do you learn in business writing class?
Answers
Answer:
Explanation:
There are a variety of sub categories/goals that you will learn in business writing class and they are the following
Learning to effectively write emails, letters, memos, reports. Learning to logically, efficiently, and effectively organize your gathered information and ideas.Learning how to correctly identify and choose the appropriate communication strategy, format, style, and content for the specific scenario. Learning to correctly identify any and all grammatical and punctuation problems within your writing.1. Supplies on hand are valued at $1,760.
2. Accrued salaries payable are $550.
3. Depreciation for the month is $275.
4. $715 of services related to the unearned service revenue has not been performed by month-end.
Journalize the adjusting entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Answers
Answer:
Dr Supplies Expense $1,760
Cr Supplies $1,760
Dr Salaries and Wages Expense $550
Cr Salaries and Wages Payable $550
Dr Depreciation Expense $275
Cr Accumulated Depreciation Equipment $275
Dr Unearned Service Revenue $715
Cr Service Revenue $715
Explanation:
Preparation of the adjusting entries.
Dr Supplies Expense $1,760
Cr Supplies $1,760
Dr Salaries and Wages Expense $550
Cr Salaries and Wages Payable $550
Dr Depreciation Expense $275
Cr Accumulated Depreciation Equipment $275
Dr Unearned Service Revenue $715
Cr Service Revenue $715
An investment of $1 each in two different securities led to a value of $11 (Security A) and $16 (Security B), respectively, after 15 years. When comparing the rate of return earned by the two securities, it can be said that
a.)Security B earned a higher average annual rate of return.
b.)Security A earned a higher average annual rate of return.
c.both securities earned the same average annual rate of return.
d.)it is impossible to calculate the securities rates of return based on this information.
Answers
Answer:
A
Explanation:
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
Security A : 11 = 1( 1 + r)^15
11^(1/15) = 1( 1 + r)
1.173 = 1 + r
r = 1.173 - 1
r = 17.33%
Security A : 16 = 1( 1 + r)^15
16^(1/15) = 1( 1 + r)
1.20 = 1 + r
r = 1.2 - 1
r = 0.2
r = 20%
Security B earned a higher average annual rate of return as 20% is greater than 17.33%
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Answers
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
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quality of performance
Answers
The question does not specify anything so the answer is written in generalise manner.
The amount of excellence that helps in the fulfillment of goals, completeness, and accuracy of an individual's or organization's output is referred to as performance quality. It is a measurement of how well a task or procedure is carried out.
Organizations with strong cultures that emphasize quality and continual improvement do better than those with weaker cultures. Effective leadership can also contribute to the development of a great culture and improved quality.
The ease of use and efficiency of the product or service, as well as how well it fits the needs of the consumer, are all aspects of performance quality which is determined by the customer.
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who the stakeholders
Jennie was recently hired to work as a receptionist for the front lobby. As
receptionist, she is responsible for making copies for the associates. Her son, Bruce,
comes in and needs some copies for a school project. He brought his own paper and
needs 300 copies for his class. If he doesn’t bring the copies with him, he will fail the
project. The company copier does not require a security key nor do they keep track of copies made by departments.
Answers
Answer:
The stakeholders in this scenario are:
Jennie - the receptionist who is responsible for making copies and may face consequences if the copier is misused or if there is a shortage of paper.
Bruce - the son who needs the copies for his school project and may face consequences if he fails the project.
Associates - the employees who also need to use the copier and may face inconvenience or a shortage of resources if too many copies are made.
Company - the organization that owns the copier and may face additional expenses if too much paper or ink is used, or if the copier breaks down due to overuse.
Explanation:
Assume that a procedure yields a binomial distribution with a trial repeated
n
=
5
n
=
5
times. Use some form of technology to find the probability distribution given the probability
p
=
0.578
p
=
0.578
of success on a single trial.
Answers
Answer:
P(x = 1) ; binompdf(5, 0.578, 1) = 0.09165
P(x = 2) ;binompdf(5, 0.578, 2) = 0.25107
P(x = 3) ; binompdf(5, 0.578, 3) = 0.34388
P(x = 4) ; binompdf(5, 0.578, 4) = 0.23550
P(x = 5) ; binompdf(5, 0.578, 5) = 0.06451
Explanation:
Using the binomial probability density function on the t84 calculator
binompdf(num_trials, p, x)
Range of x :
x = 0, 1, 2, 3, 4, 5
P(x = 0) ; binompdf(5, 0.578, 0) = 0.01338
P(x = 1) ; binompdf(5, 0.578, 1) = 0.09165
P(x = 2) ;binompdf(5, 0.578, 2) = 0.25107
P(x = 3) ; binompdf(5, 0.578, 3) = 0.34388
P(x = 4) ; binompdf(5, 0.578, 4) = 0.23550
P(x = 5) ; binompdf(5, 0.578, 5) = 0.06451
0.06451+0.23550+0.34388+0.25107+0.09165+0.01338 = 1
ideas to re-motivate employees
Answers
Answer:
Explanation:
Giving gifts and promotions to hardworking employees
Morganton Company makes one product, and it provided the following information to help prepare the master budget for its first four months of operations:a. The budget selling price per unit is $70. Budgeted unit sales for June, July, August, and September are 9,100, 22,000, 24,000, and 25,000 units, respectively. All sales are credit.b. Forty percent of credit sales are collected in the month of the sale and 60% in the following month.c. The ending finished goods inventory equals 20% of the following month's unit sales.d. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit requires 4 pounds of raw materials at $2.50 per pound.e. 40% of raw materials purchases are paid for in the month of purchase and 60% in the following month.f. The direct labor wage rate is $12 per hour. Each unit of finished goods requires two direct labor hours.g. The variable selling and administrative expense per unit sold is $1.70. The fixed selling and administrative expense per month is $61,000.1. If 96,800 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?2. What is the estimated cost of raw materials purchases for July?3. If the cost of raw material purchases in June is $127,520, what are the estimated cash disbursements for raw materials purchases in July?4. What is the estimated accounts payable balance at the end of July?5. What is the estimated raw materials inventory Balance (in dollars) at the end of July?6. What is the total estimated direct labor costs for July assuming the direct labor workforce is adjusted to match the hours required to produce the forecasted number of units produced?7. If the company always uses an estimated predetermined plantwide overhead rate of $12 per direct labor hour, what is the estimated unit product cost?8. What is the estimated finished goods inventory balance at the end of July, if the company always uses an estimated predetermined plantwide overhead rate of $12 per direct labor-hour?9. What is the estimated cost of goods sold and gross margin for July, if the company always uses an estimated predetermined plantwide overhead rate of $12 per direct labor hour?10. What is the estimated net operation income for July, if the company always uses an estimated predetermined plantwide overhead rate of $12 per direct labor hour?
Answers
Answer and Explanation:
1)
BUDGETED SELLING PRICE $ 70 *
BUDGETED UNITS IN JULY 22000
BUDGETED SALES $ 1,540,000
2)
SALES
CASH 40% $ 616,000
CREDIT 60 % OF PREVIOUS MONTH $ 382,200
RAW MATERIAL
RAW MATERIAL PURCHASES COST
40 % PAID NOW JULY $260900 $ 104,360
60 % PREVIOUS MONTH JUNE $ 159980 $ 95,988
LABOR
$12 PER HOUR * (24980 * 2)$ 599,520
VARIABLE EXPENSES $ 37,400
($1.70 * 22000)
FIXED EXPENSES $ 61,000
CASH INFLOW $ 99,932
3)
SALES IN JULY $ 1,540,000
60 % OUTSTANDING $ 924,000
4) 2980 UNITS SHOULD BE PRODUCED
JUNE JULY AUGUST SEP
SALES UNIT 9100 22000 24000 25000
CLOSING UNITS4400 4800 5000 -
20% OF NEXT MONTH SALE
OPENING UNITS - 1820 4400 4800
20% OF PREVIOUS MONTH SALE
FINISHED GOODS REQUIRED
13500 24980 24600 20200
SALES + CLOSING - OPENING
RAW MATERIAL REQUIRED
54000 99920 98400 80800
FINISHED GOODS REQUIRED * 4
CLOSING UNITS9992 9840 8080 -
10% OF NEXT MONTH NEEDS
OPENING UNITS - 5400 9992 9840
10% OF PREVIOUS MONTH NEEDS
RAW MATERIAL PURCHASES
63992 104360 96488 70960
How can the intellectual property be protected?
Answers
Answer:
IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create.
Explanation:
Which of the following is the roadmap of where the business is going?
Answers
The road-map which tells where the business is going is a Business plan.
A business plan is basically a map which visualize a goal desired outcome and draws out the steps needed to reach the goals.
In other word, a business plan shows where a company is going and steps required to get there.A typical business plan will state likely Challenges, Defined Objectives, Courses of Action, Initiatives, Mode of operation etc.In conclusion, every successful business that exists today started with well-drawn business plan.
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That makes sense to me. Management is
a core process and we need to be here to
analyze and make decisions. The
remaining tasks can be outsourced as we
only need them once we actually have
concerts.
Simple
Divisional
Hollow
I appreciate you thinking through this with
us, It looks like we have a
good plan in place to hollow out RockOut.
I do have a final question though.
I am thinking about expanding the
business into other types of events, such
as sporting, trade expos, etc.
If we need to have a permanent workforce
at that time, what type of structure would
work well?
Answers
The following about the outsourcing process is FALSE It leads to the pooling of risk between the two businesses.
Which 5 advantages come with outsourcing?enhanced attention on key company operations.
improved effectiveness.
cost controls.
reached farther.
a stronger competitive advantage.
outsourcing problems elsewhere.
What does outsourcing provide as a means for?Outsourcing helps businesses reduce labor expenses, such as staff pay, overhead, equipment costs, and technology costs. Companies can utilize outsourcing to cut back on non-essential processes and concentrate on their core competencies while transferring the less important ones to external entities.
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Write an elevator pitch for someone that will start their own beauty salon/barber shop
Answers
An effective technique to introduce your company's goals and pique interest in your goods or services is through an elevator pitch. A compelling pitch will draw in potential.
Product: What does that mean?The object being sold is referred to as a product. A service or even an object both qualify as products. It might take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price.
Is a remedy a thing?The easiest way to distinguish between a product and a solution is to say that a product is what you have made and what it is capable of. A business outcome who offers your clients quantifiable value is a solution.
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Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.
Receipts from customers $279,247
Payments for property, plant & equipment $42,310
Interest paid $4,231
Proceeds from issue shares $25,836
Payments to supplier and employees $220,013
Repayment of borrowings $53,331
GST paid $16,924
Payments for motor vehicle $37,985
Interest received $6,770
Select one:
$61,773
$44,849
$55,345
$49,080
Answers
The cash inflows from operating activities are:
Receipts from customers: $279,247
Interest received: $6,770
Total cash inflows from operating activities: $286,017
The cash outflows from operating activities are:
Payments to suppliers and employees: $220,013
GST paid: $16,924
Total cash outflows from operating activities: $236,937
Therefore, the net cash provided from operating activities is:
Net cash provided from operating activities = Cash inflows from operating activities - Cash outflows from operating activities
Net cash provided from operating activities = $286,017 - $236,937
Net cash provided from operating activities = $49,080
Therefore, the net cash provided from operating activities for Baskin Peter Pty. Ltd. is $49,080.
So the answer is D) $49,080.
Santeria Trading Inc. has manipulated its accounts to inflate its expenditure so it is subject to fewer taxes than it would have to pay
otherwise. Which element of the internal accounting control does Santeria fail to comply with?
OA
policies
OB
monitoring
Oc.
accounting system
OD.
risk assessment
ОЕ.
environmental control
Answers
Answer:
environmental control
Explanation:
Control environment refers to the company's attitude towards internal control. In this case, the company is manipulating its accounts on purpose, meaning that the whole attitude is to not follow internal control procedures. Sometimes companies forge financial records for different reasons and several employees and management collude in order to do it. An example is Enron, where even the auditing firm knew about the irregularities in Enron but decided to help them hide them.
2 words that ryme on the same line is called?
Answers
Answer:A couplet usually consists of two successive lines that rhyme and have the same metre. A couplet may be formal (closed) or run-on (open). In a formal (or closed) couplet, each of the two lines is end-stopped, implying that there is a grammatical pause at the end of a line of verse.
Explanation:Hoped this helped u kind sir or ma'am and have an great day! And also may i plz have brainlist?
You sold short 200 shares of common stock at $60 per share. The initial margin is 60%. Your initial investment was
Answers
Answer:
The answer is $4,800
Explanation:
200 shares was sold short at $60 per share with initial margin of 60 percent.
200 shares x $60 per share x (1 - 0.6)
=$12,009 x 0.4
$4,800
The initial investment is therefore, $4,800(four thousand and eight hundred dollars)
Anastasia is a principal who is responsible for telling one of her teachers that the school will be cutting her Spanish program in the fall. She has been friends with this teacher for years and knows that the teacher will be very upset. What is the most appropriate communication channel for Anastasia to choose to share this news with the teacher in this scenario?
Question 2 options:
She should send the teacher a formal, typed letter.
She should talk to the teacher face-to-face.
She should send the teacher a text message.
She should post the news on the school website.
Answers
Answer she should talk to her face to face
Explanation:
if she respects this woman that is the best way to keep it
Diego Company manufactures one product that is sold for $71 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 54,000 units and sold 49,000 units. Variable costs per unit: Manufacturing: Direct materials $ 22 Direct labor $ 12 Variable manufacturing overhead $ 3 Variable selling and administrative $ 5 Fixed costs per year: Fixed manufacturing overhead $ 864,000 Fixed selling and administrative expenses $ 586,000 The company sold 36,000 units in the East region and 13,000 units in the West region. It determined that $280,000 of its fixed selling and administrative expenses is traceable to the West region, $230,000 is traceable to the East region, and the remaining $76,000 is a common fixed cost. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product.
5. What is the company’s total gross margin under absorption costing?
6 What is the company’s break-even point in unit sales?
7. What would have been the company’s variable costing net operating income (loss) if it had produced and sold 49,000 units? What would have been the company’s absorption costing net operating income (loss) if it had produced and sold 49,000 units? Prepare a contribution format segmented income statement that includes a Total column and columns for the East and West regions.
Answers
Answer:
Diego Company
1. The company's total gross margin under absorption costing is:
= $802,000
2. The company's break-even point in unit sales is:
= 50,000 units
3. The company’s variable costing net operating income (loss) if it had produced and sold 49,000 units is:
= ($29,000).
4. The company's absorption costing net operating income (loss) if it had produced and sold 49,000 units is:
= ($29,000).
5. Contribution Format Segmented Income Statement
East West Total
Sales units 36,000 13,000 49,000
Sales revenue $2,556,000 $923,000 $3,479,000
Variable cost of goods sold:
Production costs 1,332,000 481,000 1,813,000 ($37 * 49,000)
Selling and admin. 180,000 65,000 245,000
Total variables $1,512,000 $546,000 $2,058,000
Contribution $1,044,000 $377,000 $1,421,000
Fixed costs:
Manufacturing 280,000 230,000 510,000
Common costs 76,000
Total fixed costs $280,000 $230,000 $586,000
Net income $764,000 $146,000 $835,000
Explanation:
a) Data and Calculations:
Selling price = $71 per unit
East West
Sales units 36,000 13,000
Production units = 54,000
Sales unit = 49,000
Variable costs per unit:
Manufacturing:
Direct materials $ 22
Direct labor $ 12
Variable manufacturing overhead $ 3
Total variable manufacturing costs = $37 per unit
Variable selling and administrative $ 5
Fixed costs per year:
Fixed manufacturing overhead $ 864,000
Fixed selling and administrative expenses $ 586,000 (West $280,000 East $230,000, and $76,000 common)
Total fixed costs = $1,450,000
Total gross margin under absorption costing:
Sales revenue $3,479,000 ($71 * 49,000)
Cost of production:
Variable costs $1,813,000
Fixed costs 864,000 2,677,000
Gross profit $802,000
Break-even point in unit sales:
Sales price = $71
Variable manufacturing cost per unit = $37
Variable selling cost per unit = $5
Total variable cost per unit = $42
Contribution margin per unit = $29
Break-even point in unit sales = FC/contribution margin
= $1,450,000/$29 = 50,000 units
Sales revenue $3,479,000 ($71 * 49,000)
Variable production costs 1,813,000 ($37 * 49,000)
Variable selling costs 245,000 ($5 * 49,000)
Total variable costs $2,058,000
Contribution margin $1,421,000
Fixed costs
Manufacturing 864,000
Selling and admin. 586,000 $1,450,000
Net operating income (loss) ($29,000)
Sales revenue $3,479,000 ($71 * 49,000)
Production costs:
Variable costs 1,813,000 ($37 * 49000)
Manufacturing 864,000
Total production costs 2,677,000
Cost of goods sold $2,677,000
Gross profit $802,000
Period costs:
Selling and administrative 831,000
Net operating income (loss) ($29,000)
The Winston Company estimates that the factory overhead for the following year will be $868,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 28,000 hours. The total machine hours for the year were 54,800 hours. The actual factory overhead for the year was $1,723,00.
Required:
a. Determine the total factory overhead amount applied.
b. Calculate the overapplied or underapplied amount for the year.
c. Prepare the journal entry to close Factory Overhead into Cost of Goods Sold.
Answers
Answer:
I just learn Logic Of ABi Nandan...Then after That I understand every thing...
The CEO of MindWerks must understand the industry in which his business competes, the future of that industry, and the competition. This requires strong _____ skills.
A) technical
B) interpersonal
C) conceptual
D) controlling
Answers
The CEO of MindWerks must understand the industry in which his business competes, the future of that industry, and the competition. This requires strong conceptual skills.
What are the conceptual skills of a manager?Management conceptual skills are a collection of thinking-related skills that manifest in a variety of ways. Social skills, technical skills, and leadership abilities are examples of these. The underlying factor is that you will be able to see the "big picture," connect ideas, and solve complex organizational problems with these skills.
Conceptual skills involve the ability to understand complex ideas and think creatively to solve problems. The CEO of MindWerks needs to be able to understand the industry in which the business competes, the future of that industry, and the competition, which requires strong conceptual skills.
Technical skills involve understanding and performing specific tasks related to a particular field, interpersonal skills involve the ability to communicate and interact effectively with others, and controlling skills involve the ability to monitor performance and make adjustments as needed.
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Investments earn passive income, which means the money earns extra value over time without you having to do anything in particular to earn it.
If you have a good job and a budget that allows you to save a portion of your income throughout each year, what’s the point of passive income? Why not just collect and save your money without risking a loss through investments?
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Answer:
Explanation:
The usage of passive income instead of collecting and saving your money without risking a loss through investments. Passive income is money you earn that doesn't require you to do a lot of “active” work to continue making it.
Answer:
The usage of passive income instead of collecting and saving your money without risking a loss through investments. Passive income is money you earn that doesn't require you to do a lot of “active” work to continue making it.
Explanation:
Consider the market for orange juice. In this market, the supply curve is given by QS = 100PJ −20PO and the demand curve is given by QD = 1000−150PJ +100PC, where J denotes orange juice, O denotes Orange, and C denotes coffee.
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QS = 100PJ −20PO
QD = 1000−150PJ +100PC
Setting QS = QD, we get:
100PJ −20PO = 1000−150PJ +100PC
Solving for PJ, we get:
PJ = (1000 + 20PO - 100PC)/250
Therefore, the equilibrium price of orange juice (PJ) is dependent on the price of oranges (PO) and the price of coffee (PC).
Also, we can find the equilibrium quantity of orange juice by substituting the equilibrium price into either the supply or demand equation.
QS = 100PJ -20PO
QD = 1000 -150PJ +100PC
As the value of QS=QD, we can substitute either of the equation and find the value of Q.