In this problem, you are given the amount of direct materials that was purchased by the company which is $6,184.
To record the purchase of the direct materials, the journal entry would be:
Materials $6,184
Cash $6,184
To record the usage of the direct materials to production, the entry would be:
Work in Process $6,184
Materials $6,184
Which of the following is not something that will help you pay off credit card debt?
a.
Stop using your credit cards.
b.
Make extra payments when possible.
c.
Make a realistic budget to make regular payments and stick to it.
d.
Transfer existing credit card balances to credit cards with "low introductory rates."
For edg its D. Transfer existing credit card balances to credit cards with "low introductory rates"
The simplest method to avoid credit card debt is to only charge items you can afford to pay for. Hence option D is correct .
What are the ways to pay off credit card debt?Make sure you're paying off your balance completely as well as on schedule.
Utilizing a credit card might assist you in establishing a solid financial base. However, credit card debt may easily mount up. In challenging times, that is especially true. This article can assist you if you have credit card debt and wish to pay it off.
Your credit score can be significantly impacted by the balance you carry from month to month on your credit card. In fact, nearly a third of your credit score is actually determined by your credit use ratio, or how much you now owe in relation to your entire credit limit.your result.
In general, experts advise trying to maintain your credit utilisation percentage under 30%. Accordingly, if the credit limit on your card is $5,000, you shouldn't owe more than $1,500 at any given time.
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The quantity of reserves that banks must hold against deposits is called
In which of the following ways can a person earn an income? A. Investment B. Salary C. Savings D. Wage
When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consumers. Businesses face (lower cost, higher cost, less competition, or more competition) because they must alter existing infrastructure to meet regulations. As a result, consumers pay (less, more, or the same) for produced goods.
When they produce 20,000 units per month, sanders incorporated has variable costs of $392,000 and fixed costs of $242,000. if sanders increases their production to 25,000 units, by how much will their budgeted costs increase?
I'm doing a speech on drunk driving and idk what to use as a prop or visual aid that I can integrated into my speech. It can't be on the computer or your phone. Does anyone have ideas for a prop.
A statistician prepared a bar chart showing, in descending order, the frequency of six underlying causes of general aviation accidents (pilot error, mechanical problems, disorientation, miscommunication, controller error, other). what would we call this type of chart? pivot table pareto chart log scale chart frequency polygon
The answer is: Pareto chart
Pareto chart is the combination of line and bar graphs. This type of chart is usually used to present data with frequency of nonoccurence and unite measurement at the same time.(frequency of accidents and number of factors that cause the accidents. )
Other than that, Pareto chart is also commonly used in quality control or searching the highest cause of defects.
The option (B) is correct. The chart prepared by the statistician showing the frequency of six underlying causes of general aviation accidents, in descending order is Pareto chart
Further Explanation:
Pareto chart: It is a chart type that consists of both a line graph and bars, where the line graph is used to represent the cumulative total and bars are used to represent individual values in descending order.
Justification for the correct and incorrect answer:
A.
Pivot table: This option is incorrect.
It is a table that is used in statistics to summarizes the data from a more extensive table like a database, business intelligence program, or spreadsheet. The graphs can be prepared by using the pivot table.
B.
Pareto chart: This option is correct.
It is a chart type that consists of both a line graph and bars, where the line graph is used to represent the cumulative total and bars are used to represent individual values in descending order.
C.
Log scale chart: This option is incorrect.
It is a type of chart that uses a scale in which two equivalent changes in the price are represented using the same vertical distance on the scale.
D.
Frequency polygon: This option is incorrect.
It is a graph prepared by joining midpoints of every bin or interval with the help of the line.
Therefore, the chart prepared by the statistician is a Pareto chart.
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Answer details:
Grade: Middle School
Subject: Economics
Chapter: Analysis of data
Keywords: A statistician, a bar chart, in descending order, the frequency, six underlying causes, general aviation accidents, pilot error, mechanical problems, disorientation, miscommunication, controller error, others, pivot table, Pareto chart, log scale chart, frequency polygon.
Both the employee and the employer contribute to the F.I.C.A. fund and to the Medicare program. True or False
List one method for accepting a job offer and one method for rejecting a job offer.
A company purchased a tract of land for its natural resources at a cost of $1,920,500. it expects to mine 2,150,000 tons of ore from this land. the salvage value of the land is expected to be $265,000. the depletion expense per ton of ore is:
Depletion expense (E) is equal to the Fixed Cost minus the Salvage Value divided by the tons of ore to be mined. The equation would then be: E = ($1,920,500 – $265,000) / 2,150,000. Therefore, E is equal to $0.77/ton of ore.
True or false? under medicare part a, a beneficiary can have an unlimited number of benefit periods.
In return for participation and cooperation in instituting a major organizational change, marietta textiles employees received two extra days of paid vacation. this is an example of which method of dealing with employee resistance to change
managing information effectively can result in better service as well as increased security collaboration and what
1. team spirit
2. risk
3. networking
4. efficiency
What is an important issue for our times, but is currently under-discussed? why do you believe this? (limit 1800 characters)?
During the summer, the country club hires college students to tend the grounds and work as servers in the dining hall. the number of students varies year to year, depending on the number of members. these students are considered ___________ workers.
The students in the scenario are considered to be as contigent workers of which are usually termed to be as independent contractors or even freelancers. This type of worker is usually high skilled with what they are made to do and they usually don’t receive any salary or even benefits.
Is the business relationship between the statler group and kellogg-champion securities a lost cause?
Write a function call with arguments tensplace, onesplace, and userint. be sure to pass the first two arguments as pointers. sample output for the given program:
What is the smallest acceptable annual income from a project which has a?
You write a short story, but you want to make sure your work is protected before you post it online. What should you do to help protect your copyright?
The copyright process involves three things: a completed application form, a filing fee and a copy of the work to be registered with the copyright office. There are two main methods of filing for copyright. The first is using an online form, and the other is mailing in paper forms.
A small business advantage is ________. friends can barter for goods and services the business needs colleges are more amenable to helping small businesses because they prefer working and writing about them than their larger counterparts the ability to quickly adapt to customer needs they are more likely to employ part-time workers and use telecommuting
A small business advantage is that it has the ability of being able to adapt quickly in terms of the needs of the customers in which is an advantage because they are able to provide the needs of the customers and by this, it can also lead a positive affect towards them because this is an ability of attracting more customers to their business.
. Assume you are participating in your employer's direct deposit program. On payday, the employer deposits your ________ into you bank account
(tco 7) medical costs consume nearly _____% of the u.s. gross domestic product, most of it paid through government and private health insurance.
The answer is: 18%
Approximately, the total amount of medical cost that the government had to cover is around 2.9 Trillion Dollars every years.
Since the Gross Domestic product of united states is approximately around 16.1 Trillion dollars every year, the percentage of the medical cost is:
2.9/16.1 x 100 = 18.01% from total GDP
The medical costs consume nearly 18% of the U.S. gross domestic product, most of it paid through government and private health insurance.
Further Explanation:
GDP of US:
The maximum percentage of GDP of the United States is spent on services for health care. The government expenditure on health care is the same but private health care spending is higher in comparison with other developed countries. The spending in Private health care is about nine percent. The reasons for high costs are higher physicians’ salaries, high medicine spending per capita and inflated health care administration costs.
The public spending is for these health care programs namely, Medicaid, Children’s Health Insurance Program, Medicare and subsidies provided to low income group.
The total expenditure incurred in providing health care services is $3.5 trillion out of which expenditure of $1.5 trillion is indirectly or directly incurred by the government. The $3.5 trillion amounts to about 18% of the Gross domestic product of the United States.
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Answer details:
Grade: High School
Subject: Economics
Chapter: Fiscal Policy
Keywords: medical costs consume nearly, 18% of u.s. gross domestic product, medical costs paid through government and private health insurance, most of it.
If a special sales order is accepted for 5,000 sails at a price of $125 per unit, and fixed costs remain unchanged, what would the effect on operating income be
The document that lists the steps of the budget process is the
The document that lists the steps of the budget process is the Budget calendar. Thus, the correct option is third.
What is Budget?Budget refers to the blueprint of the expenses and income of the individual or the corporation. It is the estimation of the net revenue after deducing all losses and expenses for the specific period of time. After the expiry of the specific period, the new budget is prepared.
Most consumers have financial constraints, the quantity of utility they obtain from a specific product is proportional to the price of that commodity.
A budget calendar is a schedule that records the amounts and dates of payments. It's a useful tool for estimating how much cash will come in and go out in a particular month. Therefore, it can be concluded that the correct option is third.
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Your question is incomplete, but most probably the full question was….
Budget summary
Budget worksheet
Budget calendar
Budget request
A work team is a small number of people who have been assigned responsibility for pursuing a common purpose, achieving performance goals, and improving interdependent work processes.
The answer in the statement provided above is false. It is because it is true that a work team have the purpose of having responsibilities and tackling their common purpose in achieving performance groups and improving their work process interpedently but a work team is not necessarily to be in a small number of people but they could also be composed of large number of people working for their common purpose and goals.
You've just joined the investment banking firm of dewey, cheatum, and howe. they've offered you two different salary arrangements. you can have $7,400 per month for the next two years, or you can have $6,100 per month for the next two years, along with a $33,000 signing bonus today. assume the interest rate is 6 percent compounded monthly. if you take the first option, $7,400 per month for two years, what is the present value? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) present value $ what is the present value of the second option? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) present value $
To calculate the present value of each salary option provided by the investment banking firm, use the present value of an annuity formula for the monthly payments and add any lump-sum payments received today without discounting. Keep intermediate calculations exact and round the final answers to two decimal places.
Explanation:The question asks to calculate the present value of two different salary arrangements under a 6% monthly compounded interest rate. To find the present value of the first option ($7,400 per month for two years), we use the present value of an annuity formula. Similarly, we calculate the present value of the second option ($6,100 per month for two years and a $33,000 signing bonus), by adding the present value of the monthly payments to the present value of the signing bonus.
For the first option:
Monthly Payment (PMT): $7,400Number of Periods (n): 24 months (2 years)Monthly Interest Rate (i): 0.5% (since 6% annually compounded monthly)Present Value (PV) formula for an annuity: PV = PMT × [(1 - (1 + i)^-n) / i]Applying this to the first option:
PV = $7,400 × [(1 - (1 + 0.005)^-24) / 0.005]
For the second option:
Present value of the annuity (monthly payments): Calculate as above with PMT = $6,100Present value of the signing bonus: $33,000 (since it's received today, no discounting)Add the two present values to find the total present value of the second option.Remember to keep intermediate calculations exact and round only the final result to two decimal places.
You must go on a trip to china for your work. do not give your hosts presents that cost a lot. they might be embarrassed. they might not accept them. combine the sentences. choose the correct answer.
According to the law of demand, quantity demanded decreases as ________, ceteris paribus.
a. demand decreases
b. demand increases
c. prices fall
d. prices rise
Jack complains that his wife is not sufficiently supportive, which causes him to do poorly at his job. jack's wife responds that his job performance, which results in a lower paycheck, forces her to work more hours in her part-time job. systems theorists point out that the real problem in this example is:
There are currently more than _____ intelligence tests available.