Answer:
$48,000
Explanation:
The total cost of the units produced in the month is the sum of the direct and indirect cost. The indirect cost is also known as the overheads.
The direct cost is the sum of the direct labor and direct material cost.
Total direct cost = 600( $30 + $40)
= $42000
Indirect cost = 600/6400 * $64,000
= $6000
The total cost of the units made in January was
= $42000 + $6000
= $48,000
Answer:
<u>D. $950; 425</u>
<u>Explanation:</u>
Remember, direct labor refers to the actual time spent on working such as using machinery, performing tasks that leads to the production of products or services. Indirect labor involves time activites that do not involve any production of products or services.
First, direct pay:
- 38 hours of work x $25 = $950
<u>$950</u>
Indirect pay;
- 8 hours from the 46 hours she was paid (8 x $25) = $200
- For 4 days she had 1.5 hours of overtime per day (4 x 1.5 x 37.5) = $225.
Total = <u>$425</u>
Note: by saying if she exceeds her normal 40 hours, she gets paid time and a half implies 1.5 * $25 ($37.5)
Answer:
Civic engagement means, work to make difference in the civic life of the community , using combination of values, motivation, skills and knowledge to make difference.
- It can be both formal or informal,
- It can have many forms such as community engagement, volunteerism, government work and organizational involvement and electoral participation.
- Civic engagement work such as volunteering and voting can help people develop skills, voice and knowledge to make positive change in the society and helps to improve the conditions which influence well being and health for all.
- Many people volunteer to clean the riverbeds , or by collecting the garbage from beaches, they can be considered to be civically engaged. They do it because it gives them a sense of contributing to the society by keeping rivers and beaches clean.
Answer:
1. Discount rate.
2. Increase.
Explanation:
A Federal Reserve Bank is one of the twelve regional banks of the Federal Reserve System in the United States of America. The Federal Reserve Banks are saddled with the responsibility of implementing the monetary policy designed and provided by the Federal Open Market Committee (FOMC).
Federal Reserve System also known as the Fed, was created under the Federal Reserve Act which was passed by US Congress in 1913. The Fed began its operations in the year 1914. It's a financial institution which was founded by President Woodrow Wilson and was primarily aimed at backing each banks in order to put a definitive end to the bank panics of the 1800s.
Furthermore, just like all central banks, the Fed is a government financial institution which is saddled with these responsibilities;
1. Controlling the issuance of currency in United States of America: the Fed promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
2. Providing banking services to all the commercial banks in the country: the Fed is the "lender of last resort.
3. Regulating banking activities: it has the power to supervise and regulate banks.
The Federal Reserve Board is the governing body which essentially manages the Federal Reserve System and performs an oversight function on domestic monetary policies.
<em>Additionally, the interest rate that the Federal Reserve Bank (the Fed) charges member banks for loans is known as the discount rate. Also, the Fed can increase the money supply by lowering this rate (discount rate) and thus, empowering the member banks to lend more money.</em>
The income statement figures would probably be the best indicator of a company's future performance is <span>income from operations.
>I</span>ncome from operations or IFO <span>is the net </span>income of an entity, not including the impact of any financial activity or taxes. IFO <span>is the profit realized from a business' own operations.</span>
