$50 an hour is a
A salary
B commission
C wage
D pension

Answers

Answer 1
I think C I’m not sure tho
Answer 2

Answer: C.) Wage

Explanation: A salary is a set cost that is due to you over an agreed amount of time. A commission is a percentage that you get from the original cost. A wage is the income one makes daily, or per hour. A pension is the gradual amount of money being added up during the years one works. Therefore, $50 an hour is a wage.

I hope this helped!

Good luck <3


Related Questions

What do you think is the most important step in the sales process?

Answers

Answer:

I think the way you market a product and how you advertise it is the most important step in the sales process because you can hook your consumers on it and have them buy, and advertising your product can get it out there so more people can see it, and hopefully buy it.

Explanation:

Pros and Cons of Adjustable-Rate Mortgages
An adjustable-rate mortgage (ARM) is another common type of mortgage. Determine whether each factor is a pro or
a con of an ARM, and place it in the correct category.
Pros of Adjustable-Rate Mortgages
Cons of Adjustable-Rate Mortgages
lower interest rates possible
riskier than fixed-rate mortgages
low beginning interest rate
interest rates can be raised
higher payments possible
Correct!

Answers

The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.

What is Mortgage?

Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.

When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.

Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.

The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.

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Carolyn wants to work as a manager. The position she is hoping to be hired for requires a doctorate degree. For what type of position might she be applying?
A. elementary education
B. executive management
C. upper-level administration
D. post-secondary institution

Answers

Answer:

C. upper-level administration

Explanation:

.

What’s an example of bad credit?

Answers

Answer:

personal loans.

Explanation:

[Total = 25marks]
QUESTION 2
a. Azon and Son Ltd acquired use of plant over three years by way of a lease. Installments of
GhC700,000, are paid six monthly in arrears on 30 June and 31 December. Delivery of the plant
was on 1 January 2010 so the first payments of GhC700,00 was on 30 June 2010. The present
value of minimum lease payments is GhC3,000,000, Interest implicit in the above is 10% per six
months. The plant would normally be expected to last three. Azon and Son is required to insure
the plant and cannot return it to the lessor without severe penalties.
Required
i. Describe whether the above lease should be classified as an operating or finance
1

Answers

A significant portion of the asset's economic life—three years—is covered by the lease period. The minimum lease payment present value is GhC3,000,000, which is essentially the entire leased asset's fair market value.

The equivalent of monthly rent, a lease payment is formally stipulated in a contract between two parties and gives one party the right to use the other party's real estate holdings, manufacturing equipment, computers, software, or other fixed assets for a predetermined period of time.

A lease payment will be shown as a right-of-use asset and lease liability on the balance sheet. The ROU asset is the ownership of the asset under the lease contract, whereas the lease liability period is the payment obligation during the course of the lease contract.

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lean production requires that activities be __________________ to achieve production using minimal inventories.

Answers

Lean production requires that activities be integrated to achieve production using minimal inventories.

What is Lean production?

Lean manufacturing can be described as the methodology  which help to focuses on minimizing waste within manufacturing systems  with the  productivity been maximized.

It should be noted that the Waste to the customers are those things that the customer do not see as a value to the product and they will not pay for it.

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Match the descriptions to the relevant theories and laws.
Okun's Law
stagflation
demand pull inflation
unemployment and inflation have an inverse relationship
unemployment and inflation can both be high at some point
Philip's Law
for every 1% decrease in unemployment rate, there is a 2% increase in GNP
too much money chasing too few goods

Match the descriptions to the relevant theories and laws.Okun's Lawstagflationdemand pull inflationunemployment

Answers

Okun's Law-for every 1% decrease in unemployment rate, there is a 2% increase in GNP.  stagflation-unemployment and inflation can both be high at some point.

Stagflation is a condition in which there is a combination of slow economic development, rising prices, and rising unemployment. Although coexisting with poor economic development and high inflation is uncommon, it has happened before and many people think it might again.

Stagflation is a lethal combination that can cause an economic collapse where expenses and costs of living keep increasing. These kinds of economic crises are frequently brought on by significant changes in supply and loose monetary policy, and they continue longer than typical recessions because there is no permanent solution.

Thus,  demand pull inflation-too much money chasing too few goods. Philip's Law-unemployment and inflation have an inverse relationship.

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Explain how utility could be used in a decision where performance is not measured by monetary value

Answers

Utility can be applied in decision-making situations where performance is not solely measured by monetary value.

Utility is a concept that can be used in decision-making scenarios where performance or outcomes are not solely measured by monetary value.

Utility refers to the satisfaction, well-being, or value that an individual derives from a particular outcome or alternative. It provides a framework for decision-makers to consider non-monetary factors and subjective preferences.

In situations where performance is not easily quantifiable in monetary terms, utility can be used to assign subjective values or preferences to different outcomes. Decision-makers can assess the potential utility or satisfaction associated with each alternative and choose the option that maximizes overall utility.

For example, let's consider a decision regarding the selection of a vacation destination. The performance in this case is not directly measured by monetary value, but rather by the level of enjoyment and personal preferences.

Utility theory can be applied by evaluating the potential utility associated with each destination based on factors such as climate, cultural experiences, outdoor activities, and personal interests. Decision-makers can assign subjective values or rankings to these factors and consider their individual utility weights.

By considering utility, decision-makers can make choices that align with their personal preferences and maximize their overall satisfaction or well-being. They may prioritize destinations that offer experiences they value the most, even if it comes at a higher cost or involves trade-offs with other factors.

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jamie asks, "what are the latest trends in the stock market?" in other words, jamie is asking...​

Answers

Answer:

Jamie is asking about the current developments, movements, and changes in the stock market that have been observed over a recent period of time. Specifically, Jamie is interested in knowing the latest trends that are influencing the performance of the stock market. This may include changes in the prices of stocks, the direction of the market, the sectors that are performing well, and other factors that are affecting the overall performance of the stock market.

Explanation:

no answer choices so this is the best I can help you

Vanya inc. charter authorizes 1000 shares of stock at a stated value of $1 per share. Vanya sells 50 shares of stock at its initial offering for $10 [er share. The journal entry to record this transaction?

Answers

Credit for Paid-In Capital, in Surplus of Stated Worth for $450, $50 toward Common Stock, and $500 toward Cash.

Why do you use the term "Common Stock"?

A form of business equity and a kind of security is common stock. Within the borders of the United States, the words vote share and common share are widely used. In the UK as well as other Commonwealth nations, they are referred to as share capital or ordinary shares. A investor holds 1% of the company if they hold shares of a company of the ordinary stock. This investor will receive $100 (1,000 units X $0.10) in dividends if the company declares a $0.10 per share dividend.

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Variable manufacturing costs are $150 per unit and fixed manufacturing costs are $75,000. Sales are estimated to be 6,000 units. How much would absorption costing income from operations differ between a plan to produce 6,000 units and a plan to produce 7,500 units?

Answers

Answer:

If 7,500 units are produced, income will increase by $2.5 per unit

Explanation:

Giving the following information:

Variable manufacturing costs are $150 per unit and fixed manufacturing costs are $75,000.

We need to determine the difference in income if 7,500 units are produced instead of 6,000.

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

The difference is in the unitary fixed manufacturing overhead.

For 6,000 units:

unitary fixed manufacturing overhead= 75,000/6,000= $12.5

For 7,500 units:

unitary fixed manufacturing overhead= 75,000/7,500= $10

If 7,500 units are produced, income will increase by $2.5 per unit

(a) Direct Labor Rate Variance:

(b) Labor Efficiency Variance:

(C) Total Direct Labor Cost Variance:


why is nobody is answering?? ​

(a) Direct Labor Rate Variance: (b) Labor Efficiency Variance: (C) Total Direct Labor Cost Variance:why

Answers

Explanation:

(a) Direct Labor Rate Variance:

Direct Labor Cost Variance is the difference between the actual direct labor cost, and the standard cost.  

The formula for calculating the direct labor cost variance is:  

Actual cost per DLH = (Actual) direct labor cost incurred / Actual amount of direct labor hours.

Actual cost per DLH = $360,000/20,000 = $18 per DLH  

Direct Labor Cost Variance = [Actual Cost (AC) - Standard Cost (SC)] × Actual quantity of labor hours (AQ).

Direct Labor Cost Variance  =  ($18 per DLH - $16.50 per DLH) × 20,000 hours

Direct Labor Cost Variance  = $1.50 × 20,000 hours

Direct Labor Cost Variance  = $30,000  ( U )

The direct labor cost variance is unfavorable because because the firm paid $1.50 more per hour than expected  ($18 actual cost - $16.50 standard cost).

 

(b) Labor Efficiency Variance:

Direct Labor Efficiency Variance:  The difference between the actual quantity of labor hours and the labor hours that should have been used (standard quantity).

Direct Labor Efficiency Variance = (AQ − SQ) × SC

We must determine the standard quantity of labor hours before we could solve for the direct labor efficiency variance.

SQ = 45,000 units × 0.5 hours = 22,500 total DLH

Substitute the SQ into the calculations for the direct labor efficiency variance:

Direct Labor Efficiency Variance = (20,000 DLH - 22,500 DLH)  × $16.50 per DLH

Direct Labor Efficiency Variance = $41,250  ( F )

The $41,250 direct labor efficiency variance is favorable because the employees worked  2,500 fewer hours than the flexible budget called for to produce 45,000 units.  

 

(c) Total Direct Labor Cost Variance:

Total Direct Labor Cost Variance  =  Cost Variance  - Efficiency Variance

Total Direct Labor Cost Variance  =  $30,000 ( U )  - $41,250 ( F )

Total Direct Labor Cost Variance  = $11,250 ( F )

 

The $11,250 favorable direct labor variance suggests that total labor costs were significantly less than expectations.  The reasons are:  

The employees produced 45,000 units in 20,000 hours instead of the expected 22,500 hours—hence, a favorable efficiency variance. The firm also paid its workers an average of $18 per labor hour instead of the standard rate of $16.50—thus, an unfavorable cost variance.

*Note:

This will be the last time that I'll help out with a non-math related topic.


Limitations of EPS/EBIT analysis include
O A. lack of diversity
OB. dividends and EPS ranges
OC. lack of control
O D. continuity and ratio analysis
O E. timing and control

Answers

The limitations of EPS/EBIT analysis include: lack of control. The Option C.

How do the limitations of EPS/EBIT analysis affect its effectiveness?

One of the main limitations of EPS/EBIT analysis is the lack of control. This analysis relies on historical data and assumptions about future performance which means it does not provide a comprehensive view of the company's current situation.

It also does not account for the timing of earnings and expenses, which can significantly impact the financial results. For example, a company may have a high EPS due to a one-time event or a temporary increase in earnings which may not be sustainable in the long term.

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When two or more people get together for the purpose of circumventing prescribed controls, it is called:______

a. Collusion
b. Assignment of Responsibilities
c. A Division of Duties
d. Fraud Prevention

Answers

Answer:

a. Collusion

Explanation:

Collusion can be defined as an illegal, secret and uncompetitive agreement between rivalry parties in attempt to destroy the market equilibrium through actions such as illegal-pricing.

Hence, when two or more people get together for the purpose of circumventing prescribed controls, it is called collusion.

Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.

The main purpose of internal controls is to guarantee that loss is eliminated as there's an accurate and reliable accounting system.

An internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency.

Hence, internal controls if properly executed helps to increase operational efficiency, protect and safeguard assets, provides accurate financial information, prevents fraudulent or unlawful behaviors, timeliness of financial records and reporting

Consider the organization you are currently working in and explain this organization from systems characteristics perspectives particularly consider objective, components (at least three) and interrelationships among these components with specific examples

Answers

Explanation:

I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."

Objective:

The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.

Components:

1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.

2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.

3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.

Interrelationships among Components:

The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:

1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.

2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.

3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.

By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.

Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components

• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.

• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications  and authorize the processed/ captured applications in order to produce the cards

• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.

The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things  i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.

Which is the most important factor on which motor carriers compete?

Answers

Answer:

The correct response is "railroad". A further explanation is given below.

Explanation:

The other passenger transport market is railways, is because rail services are easier and have already been commonly used instead of motor carriers as well as providers.Railways don't always occupy all geographic locations of the nation, but in certain areas of the country, they were a theme or a trend.

The variable costs of labor and material are $8 per unit. The company has an offer from a major subcontractor to produce the part for $12 per unit. However, the subcontractor wants the company to share in the costs of the equipment. The electronics company estimates that the total cost would be $3.1 million, which also includes management oversight for the new supply contact. The company must consume more than ______ diaphragms to make the manufacturing the part in-house option least costly. (Enter your response rounded up to the nearest whole number.)

Answers

3.2 is the answering com com com

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After seviewing the technical skills required to perform tasks in the manufacturing industry, do you think these skills are
more or less important than the interpersonal skills we discussed in previous units?

Answers

You have to add which skills were discussed but usually interpersonal are more important in business than technical skills

Calculate costs of goods sold for Day Company

Answers

The cost of goods sold for Day Company for the period ended December 31, 2021, is $5,000.

What is the cost of goods sold?

The cost of goods sold is the difference between the beginning inventory added to the period's purchases or finished goods while subtracting the ending inventory.

In other words, the cost of goods sold is the difference between the cost of goods available for sale and the ending inventory.

Data and Calculations:

Beginning inventory = $1,000

Purchases = $7,000

Ending inventory = $3,000

Cost of goods sold = $5,000 ($1,000 + $7,000 - $3,000)

Thus, the cost of goods sold for Day Company for the period ended December 31, 2021, is $5,000.

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If GDP is $25 trillion, in how many years will GDP increase to $100 trillion if annual growth is 5 percent?

Answers

Answer:

The number of years is 28 years

Explanation:

The computation is shown below:

Gross domestic product × (1 + growth rate)^time = Increased Gross domestic product

$25 trillion × (1 + 0.05)^time = $100 trillion

(1 + 0.05)^time = 4 trillion

t = ln 4 ÷ ln 1.05

= 28 years

Hence, the number of years is 28 years

We simply applied the above formula so that the correct number of years could come

Phoenix Agency leases office space for $7,700 per month. On January 3, Phoenix incurs $105,600 to improve the leased office space. These improvements are expected to yield benefits for 10 years. Phoenix has 8 years remaining on its lease. Compute the amount of expense that should be recorded the first year related to the improvements. a) $7,700 b) $20,900 c) $18,260 d) $10.560

Answers

Answer:

$13,200 per year

Explanation:

Amount incurred to improve the office space = $

Improvement expected to yield benefit = 10 years

Remaining life on it's lease = 8 years

Since the office space is not going to remain with Phoenix after the lease period, it means that the improvement expenses will be expensed over the remaining lease period I.e 8 years.

Therefore, the amount of expense that should be recorded the first year related to improvements can be calculated as;

= Amount incurred to improve the office space ÷ remaining life on its lease

= $105,600 ÷ 8

= $13,200 per year

The efficiency of the typist is known to be 50 words/minute with standard deviation 5 words/minute she is given a new training in 36 tests. She is scored an average of 52words/minute. Do you conclude that the training has improved her speed at 0.05?

Answers

Based on the given data, we can conclude that the training has significantly improved the typist's speed at a significance level of 0.05.

How to determine if the training has improved her speed at 0.05

To determine whether the training has improved the typist's speed significantly, we can perform a hypothesis test using the given information. We will use a significance level of 0.05, which means that we are willing to accept a 5% chance of making a Type I error (incorrectly concluding that the training has improved the speed when it actually hasn't).

Let's set up the null and alternative hypotheses:

Null hypothesis (H0): The training has not improved the typist's speed. μ = 50 words/minute.

Alternative hypothesis (H1): The training has improved the typist's speed. μ > 50 words/minute.

To test these hypotheses, we can perform a one-sample t-test since we know the population standard deviation.

The test statistic for a one-sample t-test is given by:

t = (xbar - μ) / (s / √n),

where xbar is the sample mean, μ is the hypothesized population mean, s is the standard deviation, and n is the sample size.

In this case, xbar= 52 words/minute, μ = 50 words/minute, s = 5 words/minute, and n = 36.

Let's calculate the test statistic:

t = (52 - 50) / (5 / √36) = 2 / (5 / 6) = 2 * 6 / 5 = 12 / 5 = 2.4.

Next, we need to find the critical value corresponding to a significance level of 0.05. Since the alternative hypothesis is one-sided (μ > 50), we will find the critical value from the t-distribution with degrees of freedom (df) equal to n - 1 (36 - 1 = 35) and a one-tailed significance level of 0.05.

Using a t-table or a t-distribution calculator, the critical value for df = 35 and a one-tailed significance level of 0.05 is approximately 1.691.

Since the test statistic (2.4) is greater than the critical value (1.691), we reject the null hypothesis. This means we have sufficient evidence to conclude that the training has improved the typist's speed at a significance level of 0.05.

Therefore, based on the given data, we can conclude that the training has significantly improved the typist's speed at a significance level of 0.05.

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Pam retires after 28 years of service with her employer. She is 66 years old and has contributed $57,750 to her employer's qualified pension fund, all of which was taxable when earned. She elects to receive her retirement benefits as an annuity of $5,775 per month for the remainder of her life. Assume that Pam lives 25 years after retiring. What is her gross income from the annuity payments in the twenty-fourth year?

Answers

Answer:

$69,300

Explanation:

Calculation for her gross income from the annuity payments in the twenty-fourth year

Using this formula

Gross income Annuity payment =Annuity retirement benefits*Number of month in a year

Let plug in the formula

Gross income Annuity payment =$5,775× 12 payments

Gross income Annuity payment = $69,300

Therefore her gross income from the annuity payments in the twenty-fourth will be $69,300

Question 2 of 17 <
View Policies
Fixed costs $
If it increases its selling price by 10% while expecting volume to drop by just 5%, will the company achieve its goal?
Current Attempt in Progress
Patricia is helping her company consider a change in its CVP relationship to increase profitability. Currently, the company is selling
15,200 units, generating $77,800 in operating income. The contribution margin is $36 per unit, while total variable costs are
$364,800.
What amount of fixed costs does t company currently incur?
New operating income $
The company
-/3
its goal.
E
|||

Question 2 of 17 &lt;View PoliciesFixed costs $If it increases its selling price by 10% while expecting

Answers

The amount of fixed costs that the company currently incur is $104,600.

What amount of fixed costs does the company currently incur?

Operating income = (Selling price x Units sold) - (Total variable costs + Total fixed costs). Given that the company's operating income is $77,800, its selling price is $36 per unit, its units sold are 15,200, and its total variable costs are $364,800.

$77,800 = ($36 x 15,200) - ($364,800 + Total fixed costs)

$77,800 = $547,200 - $364,800 - Total fixed costs

$77,800 = $182,400 - Total fixed costs

$77,800 + Total fixed costs = $182,400

Total fixed costs = $104,600.

Will the company achieve its goal?

To determine whether the company will achieve its goal by increasing its selling price by 10% while expecting a 5% drop in volume, we need to calculate the impact of these changes on the company's operating income.

Currently, the company's revenue is calculated as follows:

Revenue = Selling price x Units sold

Revenue = $36 x 15,200

Revenue = = $547,200

Variable costs are calculated as follows:

Variable costs = Total variable cost per unit x Units sold= $24 x 15,200

Variable costs = $364,800

Therefore, the company's current operating income is calculated as follows:

= Revenue - Variable costs

= $547,200 - $364,800

= $182,400

If the company increases its selling price by 10%, the new selling price will be $39.6 ($36 x 1.1). With a 5% decrease in volume, the new units sold will be 14,440 (15,200 x 0.95).

The new revenue will be calculated as follows:

= New selling price x New units sold

= $39.6 x 14,440

= $571,584

The new variable costs will be calculated as follows:

= Total variable cost per unit x New units sold

= $24 x 14,440

= $346,560

Therefore, the new operating income will be calculated as follows:

= New revenue - New variable costs

= $571,584 - $346,560

= $225,024.

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Journalize any necessary entries for Lays Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
Just need help with part B. I'm not seeing a notes receivable and don't know what it needs for cash.
Bank Reconciliation The following data were gathered to use in reconciling the bank account of Lays Company: Balance per bank $ 18,150 Balance per company records 9,810 Bank service charges 40 Deposit in transit 2,950 Note collected by bank with $150 interest 5,200 Outstanding checks 6,130 a. What is the adjusted balance on the bank reconciliation? $ 14,970 Feedback b. Journalize any necessary entries for Lays Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. Miscellaneous Expense Cash Cash ✓ Notes Receivable Interest Revenue ✓ ✓ 150

Answers

When an accounting period comes to a close, an entry called an adjusting journal entry is made in the general ledger of the business to record any unrecognized income or expenses.

The required details for adjusting journal entry in given paragraph

Adjusting entry

General journal                              Debit                                  Credit

Miscellaneous expense              40  

Cash                                                                                           40

   

Cash                                               5200  

Notes receivable                                                                             5050

Interest revenue                                                                                 150

A journal entry known as an adjusting journal entry must be made in order to correctly account for transactions that begin in one accounting period and terminate in another. A financial report that corrects a mistake from a prior accounting period is often referred to as an adjustment journal entry. Adjusting journal entries are used to document transactions that have already happened but haven't been properly recorded in accordance with the accrual method of accounting.

At the conclusion of an accounting period, adjusting journal entries are made in a business's general ledger to adhere to the matching principle.

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Alex wrote the sentence: The big dog was really fat. He ate a lot. Why does Alex need a thesaurus? a. The sentences begin with the same word c. The sentences lack creativity b. Many words are repeated d. None of these

Answers

Answer:C

Explanation:

The sentences lack creativity does Alex need a thesaurus. Hence, option C is correct.

What is lack creativity?

The main causes of a lack of creativity are typically overwhelm, the wrong approach, or overwhelming input. It's a straightforward problem to fix. Years ago, I struggled with writer's block. I wanted to create a book, but I was at a loss for good topics.

A lack of creativity or imagination as a trait. dullness, lack of creativity, unoriginality, and commonplaceness.

One of the reasons people don't feel motivated is because they believe innovation is a zero-sum game. They believe, "Never could I accomplish it! That is something I could never come up with as great! "when they notice somebody like Steve Jobs in the news or Einstein in the history books.

Thus, option C is correct.

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You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.



PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior



DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility

You, a Captain, are a section chief in Military Personnel and 2d Lt Smiths supervisor. Lt Smith is a

Answers

The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.

Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.

As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.

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You are considering two savings options. Both options offer a rate of return of 8.3 percent. The first option is to save $1,500, $1,250, and $6,400 at the end of each year for the next three years, respectively. The other option is to save one lump sum amount today. You want to have the same balance in your savings account at the end of the three years, regardless of the savings method you select. If you select the lump sum method, how much do you need to save today?

Answers

If you select the lump sum method, the amount you need to save today is $7,409.20.

How much should you save today?

In order to determine the amount you need to save today in order to have the same value in the future as the 3-year annuity, the present value of the annuity has to be determined.

The present value of the cash flows can be determined by discounting each of the cash flows at the rate of return and adding the discounted cash flows together.

Present value = 1500 / (1.083) + $1250 / (1.083²) + $6400 / (1.083³) =

1385.04 + 1065.74 + 5,038.42 = $7,409.20

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What is the objective of (i) income statement and (ii) balance sheet?

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(i) The income statement shows revenues and expenses over a financial accounting period.

(ii) Balance sheet is used to keep a track of the debits and credits.

One of the targets is to reveal internet gains and losses as a consequence of commercial enterprise operations and activities over a hard and fast date range. Maximum groups put together an earnings assertion on a month-to-month foundation.

Objectives of Income Statement

It provides a clear picture to the management of the performance of the company during the period and the effect on profitability and whether there is any scope for improvement.It is useful for the potential investor to analyze and decide whether he should invest in the company or not.It also helps the investors to analyze the creditworthiness of the company.It also shows the creditworthiness of a company and its ability to pay off its current obligation and is important for the creditors of the company as it serves as an indicator of the company’s financial standing.

Objectives of Balance sheet

To provide financial informationTo reveal the financial positionTo calculate ratiosTo show the picture of assets and liabilitiesTo show solvency positionInformation about debtors and creditors

Evaluate the value and position of all the assets and liabilities. Recognize the quantity of capital owed to the owner on the 12 months-give up. Use as a reference in case demand for a loan arises. The principle objective at the back of preparing a balance sheet is to provide invested people with a concept of the enterprise’s financial situation, as well as to reveal what the corporation possesses and owes.

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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?

Answers

The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.

How to find the manufacturing costs ?

Direct materials (Assembly + Testing & Packaging) = $375 + $39

= $414

Direct labor (Assembly + Testing & Packaging) = $168 + $84

= $252

Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126

= $442

Total manufacturing cost = $414 + $252 + $442

= $1110

Unit product cost = Total manufacturing cost / Number of units

= $1110 / 10

= $111.00

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