A credit memorandum results in a(n) _____ in a customer's accounts receivable file.

Calico Corporation produced 2 comma 500 units in Job 903. The following data is provided for Job 903 for the year: Direct mater

geniusboy [140]

Answer:

The total cost of Job 903 is $5,073.20

Explanation:

The computation of the total cost is shown below:

= Direct material used + Direct labor cost + overhead cost (Predetermined manufacturing overhead rate per direct labor hour × Direct labor hours used in Job 903)

= $3,200 + $1,092 + ($18.60 × 42 labor hours)

= $3,200 + $1,092 + $781.20

= $5,073.20

7 0

3 years ago

Brian is a manager at a clothing store. He spends most of his time in the store with his employees, making sure they work their

Sophie [7]

Answer:

First line manager

Explanation:

First line managers are the lowest forms of managers in an organizational structure. They are the managers that deals with employees directly. They operate their departments by assigning work to the employees and monitoring their actions. In this case, the activities of Brian which included making sure they work their scheduled hours, watching them interact with customers and so on indicates that he is a First-Level Manager.

8 0

3 years ago

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?

andriy [413]

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

4 0

3 years ago

If consumer wealth decreases as the stock market plunges, then (3 points) there is a movement down the AD curve as price level d

tekilochka [14]

Answer:

AD shifts left and price level would decrease.

Explanation:

If consumer wealth decreases due to a plunge in the stock market, the AD curve will shift to the left. This is because shifts to the left of the AD curve represent a reduction in demand, and if consumers are poorer, they will naturally decrease their demand.

This will in turn reduce the price level, because in a market system, prices will fall until they meet the new, lower demand, meaning that a new equilibrium price is reached.

3 0

3 years ago

Miley, a single taxpayer, plans on reporting $31,875 of taxable income this year (all of her income is from a part-time job). Sh

Brut [27]

Answer: a) $3,640.50

b) $1,825.50

Explanation:

The key thing is to note that tax rates vary per income and various income levels have different taxes. In calculating you add up the maximum of the lower level as you move higher up the classes. Let's solve the question to understand.

Total tax liability when taxable income is $31,875:

Tax rate for,

$0 to $9,225 = 10%

= $9,225*10/100

= $922.50

Her income is still higher so we go to the next class,

$9,225 to $31,875 = 12%

= $31,875 - $9,225

= $22,650*12/100

= $2,718

Total tax liability when taxable income is $31,875

= $2,718 + $922.50

= $3,640.50

Now, if the second part-time job is added then total taxable income is $31,875 + $11,400 = $43,275

We go up the classes again,

$0 to $9,225 = 10%

= $9,225*10/100

= $922.50

$9,225 to $38,700 = 12%

= $38,700 - $9,225

= $29,475*12/100

= $3,537

$38,700 to $43,275 = 22%

= $43,275 - $38,700

= $4,575 * 22/100

= $1,006.5

Total tax liability when taxable income is $43,275,

= $1,006.5 + $3,537 + $922.50

= $5,466

Increase in tax liability = $5,466 - $3,640.50

= $1,825.5

Tax liability will increase by $1,825.50 as a result of the second job.

8 0

3 years ago

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