Answer:
$40,000
Explanation:
The operating income using absorption costing is find out by using the following equation
Sales revenue $72,000 (400 units × $180)
Less:
Direct material cost $2,400 (400 units × $6)
Direct labor cost $10,800 (400 units × $27)
Variable manufacturing overhead $7,600 (400 units × $19)
Fixed manufacturing overhead $4,000
Variable selling and admin cost $4,000 (400 units × $10)
Fixed selling and admin cost $3,200
Operating income using absorption costing $40,000
We simply subtract all expenses from the sales so that the operating income under absorption costing could arrive
Question 2a. A car rental agency charges $75 per day plus 70 cents per mile. How
much does it cost to rent a car for a 1-day trip of 50 miles?
It will cost 250 dollars to rent a car for a 1-day trip of 50 miles.
What is arithmetic progression?A number sequence that has a common difference between them. It is important to mention that the difference between the consecutive numbers is fixed and constant, and it remains the same throughout the sequence.
Given that,
Car rental charge = $75/day
Cost per mile = 70 cents/mile or, $3.5 [1 cent = $0.05]
Distance to be traveled in the 1-day trip = 50 miles
Total cost of 50-mile trip = 50 x 3.5 = $175
Per day car rental charge = $75
Total cost of car rent = $175 + $75 = $250
It can be concluded that it will cost 250 dollars to rent a car for a 1-day trip of 50 miles.
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If assets are $365,000 and equity is $120,000, then liabilities are: __________
a. $120,000
b. $245.000
c. $365,000
d. $485,000.
e. $610,000.
Answer:
b. $245.000
Explanation:
The computation of the liabilities is shown below:
As we know that
The accounting equation comprise of
total assets = total liabilities + total equity
where,
total assets = $365,000
Total equity = $120,000
So, the total liabilities is
= total assets - total equity
= $365,000 - $120,000
= $245,000
Hence, the total liabilities is b. $245.000
Assume that Ms. Sawyer's salary is $35,000, up from $31,000 last year, while the CPI is 187.5 this year, up from 180 last year. This means that Ms. Sawyer's real income has ____________ since last year.
Answer:
Increased
Explanation:
Based on the information given we were told Ms. Sawyer's salary is the amount of $35,000, up from the amount of $31,000 last year which means that Ms. Sawyer's salary had INCREASED from $31,000 last year to $35,000 this year
Secondly we were told that the CPI is 187.5 this year which is up from 180 last year which means that Ms. Sawyer's CPI had INCREASED
from 180 last year to 187.5 this year.
Therefore this simply means that Ms. Sawyer's real income has INCREASED since last year.
What is an important rule to follow concerning typography?
Answer:
Use a consistent font throughout the document.
Explanation:
using too many different fonts can make the document look messy and unprofessional.
QUESTION 4 / 10
Which of the following statements is TRUE?
A. Applying for several credit cards in one year can help
increase your credit score.
B. People with low credit scores are usually low-risk
borrowers.
C. The longer you use credit responsibly, the higher your
credit score will be.
D. Paying off your entire credit card balance can lower
your credit score.
Answer:
C. The longer you use credit responsibly, the higher your
credit score will be.
Explanation:
A credit card allows its user to access a short term loan. Every payment made via a credit card is considered a loan. The loan attracts interest monthly. Defaulting on credit card payments is similar to defaulting on any other loan type.
Responsible use of a credit card entails using it only when necessary. It means making prompt payments to clear monthly bills.
Credit card history is important information when tabulating an individual's credit score. Anyone who uses their credit card responsibly ends up with a good credit score.
who is responsible for withholding the employees income tax?
Answer:
For the most part, the employer withholds these taxes on behalf of their employees, but in cases where an employer does not do this, or where an employee is self-employed, it is the responsibility of the employee to pay these withholding taxes
reasons for looting
Answer:
to get supplies
Explanation:
I hope I helped
50 POINTS
Country Q can produce 15 pairs of socks and 5 belts in one hour. Country Z can produce 20 pairs of socks and 20 belts in one hour. Which of the following terms of trade would be mutually beneficial to both countries?
1 belt for 2 pairs of socks
1 pair of socks for 2 belts
2 belts for 2 pairs of socks
1 belt for 5 pairs of socks
5 pairs of socks for 15 belts
Julio does not specialize in a particular function; instead, he provides overall guidance and leadership for the company. Julio is an administrative or ____ manager.
What is the answer to this?
Considering the description in the question above, Julio is an administrative or General Manager.
This is based on the idea that a General Manager is someone or an individual who takes an executive role in a firm or organization.
The role of a General Manager covers the activities of controlling all the income and expenditure of the firm.
A General Manager has no specific role, unlike other employees. He serves to provide leadership, set goals, and help guide the firm to achieve its missions and vision.
Hence, in this case, it is concluded that Julio is a General Manager.
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What are some things you can do to make sure you don’t end up in the same situation you described above or in JoAnn’s situation, when it comes to managing your debt?
To keep track of your costs, create a budget. When it comes to managing your debt, avoid the situations mentioned above and those like JoAnn's by not taking on additional debt.
What's the greatest approach to deal with a lot of debt?Consider paying off the loan with the highest interest rate first as a general guideline. This process is also known as the avalanche method. If this doesn't work for you, you have a lot of minor debts you'd like to pay off.
Why is debt avoidance so important?Avoiding debt overload has a number of advantages. Your finances may become depleted by debt. The likelihood is that after you are debt-free, you will have more money to spend on items you love or want without having to worry about interest payments.
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a) Why is ethical relativism considered to be self-contradictory?
b) Explain conceptual muddles with an example.
Answer:
El relativismo no puede ser contradictorio porque no afirma ni niega nada. La expresión de una actitud moral consiste en valorar la diversidad.
Explanation:
El relativismo no puede ser contradictorio porque no afirma ni niega nada. La expresión de una actitud moral consiste en valorar la diversidad.
what information from carrie’s paystub is important to know and use when creating her budget?
Answer:
Brainliest pls
Explanation:
her income statement
After Sandra finishes making her list, she does a bit of research to learn about the different technologies available. She
is
Answer:
finding options
Explanation:
Every day, Dawa comes to work
intoxicated, and this compromises
his work efficiency. Dawa is
engaging in
Select one:
a. corruption
b. Workplace deviancev
c. Property deviance
d. Sabotage
= Workplace deviance
Answer:
the answer is workplace deviancey
Answer:
You are indeed correct
Explanation:
Sales 101 teaches you to: Always just answer the question the customer has Never try to get more information about what the customer needs Always answer a question with another question Never look the customer in the eye
Answer:
I think it's A) Always just answer the question the customer has.
Explanation:
I know it's not D) "Never look the customer in the eye."
I don't think it's C) "Always answer a question with another question" that just seems like it would be confusing for the customer.
And I don't think it's B) "Never try to get more information about what the customer needs" because part of you're job as a salesman is find out what the customer needs.
So that leaves answer choice A
The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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You will imagine a newly established SERVICE COMPANY as of Jan 01, 2015. You will start and finish the Accounting Cycle according with the below instructions. You should prepare your Semester Assignment by considering below items to be recorded to the Journal; 1. During January, record 12 economic events (directed below) to the Journal and post these recorded entries to the related Ledger accounts (10 points): a. 1 investing some capital (On the 1st of January, some capital from shareholders (1st economic event) is transferred to the company.) b. 1 getting some loan from a bank (On the 1st of January, some loan from the creditors (banks) with 20% annual interest rate is deposited to the company’s bank account (2nd economic event), c. 3 prepaid expenses, 1 unearned revenue, d. 3 accrued expense, 1 accrued revenue, e. 1 purchasing a vehicle in the beginning of January, f. 1 purchasing equipment in the beginning of January, 2. At the end of January, Prepare Trial Balance (10 points), 3. Record 8 adjusting e
Answer:
Your Semester Assignment (SA) is instructed below: The submission process of the SA. 1. Deadline for submission: Dec 13, 2021, Monday, 23:59 2. Do NOT prepare a "Copy-Paste" assignment. 3. DO NOT prepare the same numbers, same examples, or same thoughts for more than one student in assignments. 4. The SA should be prepared with high quality by considering English grammar and good shape in structuring paper. 5. There should be a cover page that should include; • The name, department, and number of the student. • The subject of the assignment. • The abstract (summary) of your accomplishment (by saying that what you did, what you reach, what you learn, etc.) 6. If necessary, I will inform further considerations. 7. The SA's subject: Given data and requests: You will imagine a newly established SERVICE COMPANY as of Jan 01, 2015. You will start and finish the Accounting Cycle according with the below instructions. You should prepare your Semester Assignment by considering below items to be recorded to the Journal; 1. During January, record 12 economic events (directed below) to the Journal and post these recorded entries to the related Ledger accounts (10 points): a. 1 investing some capital (On the 1" of January, some capital from shareholders (14 economic event) is transferred to the company.) b. 1 getting some loan from a bank (On the 1" of January, some loan from the creditors (banks) with 20% annual interest rate is deposited to the company's bank account (2nd economic event). c. 3 prepaid expenses, 1 unearned revenue, d. 3 accrued expense, 1 accrued revenue, e. 1 purchasing a vehicle in the beginning of January, f. 1 purchasing equipment in the beginning of January, 2. At the end of January, Prepare Trial Balance (10 points). 3. Record 8 adjusting entries (5 deferrals, 3 accruals) for previously recorded entries explained above and post these adjusting entries to the related Ledger accounts (25 points). 4. Prepare Adjusted Trial Balance (15 points), 5. Prepare Income Statement (15 points), 6. Prepare Retained Earnings Statement (10 points), 7. Prepare Balance Sheet (15 points).
Explanation:
Cynthia is interested in investing in Clothing Unlimited Inc. Which attribute from the stock quote can Cynthia use to determine how the stock has performed over the past year?
A. current price
B. net change
C. open price
D. a positive or negative result for the one-year change
E. previous close price
Answer:
D. a positive or negative result for the one-year change
Explanation:
The most relevant parameter of a stock's performance is the stock's returns. If a stock has been consistent in producing good returns, the past financial year's results play a big role in determining whether to invest in its stock or not.
If Cynthia is interested in investing in Clothing Unlimited stock, she needs to look at its past performances and compare it with lay year's results. If the stock has been yielding consistent positive results, there is a big possibility that the trend will continue into the future.
Answer:
Cynthia is interested in investing in Clothing Unlimited Inc. Which attribute from the stock quote can Cynthia use to determine how the stock has performed over the past year?
A.
current price
B.
net change
C.
open price
D.
positive or negative result for the one-year change
E.
previous close price
Explanation:
the year-end adjusted trial balance of aggies corporation included the following account balances: retained earnings, $228,000; service revenue, $890,000; salaries expense, $388,000; rent expense, $148,000; interest expense, $83,000; and dividends, $58,000.
The answer is The closing entry for the following accounts are shown below:
1. Service Revenue A/c Dr $850,000
To Income Summary $850,000
(Being revenue account closed)
2. Income summary A/c Dr $595,000
To Salaries Expense $380,000
To Rent Expense $140,000
To Interest Expense $75,000
(Being expenses accounts are closed)
3. Income summary A/c Dr $255,000 ($850,000 - $595,000)
To Retained earning $255,000
(Being the difference is credited to retained earning)
4. Retained earnings A/c Dr $50,000
To Dividend A/c $50,000
(Being dividend account is closed)
What is a brief explanation of a corporation?A corporation is a legally recognized body with the power to contract, own property, incur debt, bring legal actions, and be sued independently of its owner (s). A corporation technically has an infinite lifespan because it is specified by law.
What is the primary goal of a corporation?Nowadays, the accepted response is that a business exists to serve the interests of its owners. Academics refer to this as the "shareholder primacy norm," and many refer to the duty of corporate management as "shareholder wealth maximization." Even ostensibly benevolent business actions like gifts are acceptable.
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Which of the following is not a sign to clear table as a busier
A sign that is not used to clear the table as a busier is D. The guests are still eating and have not finished their meal.
When should a busier clear a table ?A guest signaling for the check is not a sign to clear their table. The guest may still be eating, or they may be ready to leave but want to finish their drink. It is best to wait until the guest has finished eating and drinking before clearing their table.
It is also important to be aware of the guest's preferences. Some guests may prefer to keep their table clear, while others may not mind if the table is cleared while they are still eating. It is always best to ask the guest if they would like their table cleared.
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Options include:
The guest has left the table.
The guest has finished eating and is waiting for the check.
The table is dirty and cluttered.
The guests are still eating and have not finished their meal.
What’s the best way to find the load capacity of a crane?
The load capacity of a crane can be found by checking the load chart, calculating the effective load, calculating the capacity at the working radius, and checking the stability of the crane.
The load capacity of a crane refers to the maximum weight that it can lift and transport safely without any damage to the crane. The maximum load capacity of a crane is determined by its design and other specifications. The best way to find the load capacity of a crane is by checking the manufacturer's load charts and calculating the effective load that the crane can lift in various positions and operating conditions. Below are the steps to find the load capacity of a crane.
Step 1: Check the load chartThe load chart provides information about the crane's capacity in various conditions and configurations. It shows the maximum weight that can be lifted at different radii and boom lengths. The load chart also indicates the crane's stability in different positions. The load chart should be specific to the crane's model, and it should be available from the manufacturer or the crane supplier.
Step 2: Calculate the effective loadThe effective load is the weight of the load plus any rigging gear, such as slings, shackles, and hooks. The effective load should be calculated for every lift to ensure that the crane is not overloaded. The effective load is calculated by adding the weight of the load to the weight of the rigging gear. The weight of the rigging gear should be included in the load chart or specified by the manufacturer.
Step 3: Calculate the capacity at the working radiusThe working radius is the distance from the center of rotation of the crane to the center of gravity of the load. The capacity of the crane is affected by the working radius. The closer the load is to the crane, the higher the capacity. The capacity at the working radius is calculated by multiplying the effective load by the load radius factor, which is provided in the load chart. The load radius factor takes into account the boom length, the angle of the boom, and the crane's capacity. It varies for different radii and boom lengths.
Step 4: Check the stability of the craneThe stability of the crane should be checked to ensure that it can lift the load safely without tipping over. The crane's stability depends on the configuration, the location of the load, and the position of the crane. The load chart provides information about the crane's stability in different positions and configurations. If the crane is unstable, the load should be repositioned or a more stable crane should be used.
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What is the relationship between the discount rate and the money supply?
Answer:
ytre
Explanation:
In management, scholars argue that,1 + 1 = 10. Do you agree? Explain.
Answer:
I disagree.
Explanation:
Scholars may argue that 1+1= 10. But in fact if you do simple addition, 1+1 is 2. Not 10.
What is the main problem that HISD officials were aiming to fix?
A substantial number of schools had underperforming children with subpar abilities and test scores, which was the main problem that HISD authorities sought to address.
More about HISD:
The eighth-biggest public school system in the country and the largest in Texas is the Houston Independent School District (HISD). In addition to several unincorporated areas, Houston ISD serves as a community school district for the majority of the city of Houston as well as many adjacent and island communities. It is independent of the city of Houston and county jurisdictions.
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Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for their child's college education. Currently, college tuition, books, fees, and other costs average $20,000 per year. On average, tuition and other costs have historically increased at a rate of 6% per year. Assuming that college costs continue to increase an average of 6% per year and that all her college savings are invested in an account paying 8% interest, then the amount of money she will need to have available at age 20 to pay for all four years of her undergraduate education is closest to ________.
Answer:
$256,571
Explanation:
College Graduation fee for four years in the present value
PV = $20,000 x 4 = $80,000
As historically the fee has risen by 6% we need to find future value when the baby will be 20 years old by using future value formula
Let's say
FV = Future value
PV = Present value
n = number of years
i = Interest
Workings
FV = PV x ((1+growth rate)^n)
FV = $80,000 x ( (1+0.06)^20)
FV = $256,571
As the bank interest rate is 8% the saving need to be deposited annualy can be calculated as
Savings = (FV x i) / ((1+i)^n)-1)
Savings = ($256,571 x 0.08) / ((1+0.08)^20)-1)
Savings = 20,525.68 / 3.66
Savings = $5,608
should you include personal date on a resume ? explain your answer?
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
What are 2 key benefits of budgeting?
Budgeting allows for effective financial management, empowering individuals and organizations to control their finances, plan for the future, achieve goals, and enhance long-term security.
Budgeting offers several key benefits for individuals, households, businesses, and organizations. Here are two key benefits of budgeting:
Financial Control and Planning: Budgeting provides a framework for financial control and planning.
By setting clear financial goals and allocating resources effectively, individuals and organizations can have better control over their income, expenses, and overall financial situation. Budgeting allows for proactive decision-making, as it helps identify areas of overspending or potential savings, enabling adjustments and course corrections as needed.
It helps in prioritizing expenses, reducing wasteful spending, and ensuring that financial resources are allocated in line with priorities and objectives.
Goal Achievement and Future Security: Budgeting plays a crucial role in goal achievement and future security. By setting specific financial goals, such as saving for a house, education, retirement, or business expansion, budgeting helps individuals and organizations allocate resources towards these goals systematically.
It provides a roadmap for saving and investing, ensuring progress towards long-term objectives. Budgeting also helps in managing debt effectively, reducing financial stress, and building a strong financial foundation for the future.
By establishing savings and emergency funds, budgeting provides a safety net, enhancing financial resilience in case of unexpected events or economic downturns.
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If you choose a Roth IRA, how much income will you pay taxes on?
Answer:
the investment earnings in the account are tax-free. Also, when you reach age 59½ and have had the account open for at least five years, withdrawals are tax-free.
Explanation:
QUESTION 9 of 10: You bid $111 per room per night for 40 guests for one night. The meeting planner says you've got the business If you
can come down 10% on the bid. What new total bld will win the business?
Answer:
$3,996.00
Explanation:
The current bid represents 100%. the total for this bid is below
=$111 x 40 rooms
=$4,440.00
The new bid should be 10% less than the original bid. in other words, the new bid is 90% of the original bid
=90% of $4,440.00
=90/100 x $4,440.00
=0.9 x $4,440
=$3,996.00