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scZoUnD [109]
2 years ago
15

_____ is defined as not having enough money to maintain an average standard of living

Business
1 answer:
babunello [35]2 years ago
8 0

 poverty is defined as not having enough money to maintain an average standard of living

Poverty is the state of a person who lacks customary or socially acceptable amounts of money or material possessions. Poverty is when people lack the means to meet their basic needs. In this context, identifying the needy first requires determining what constitutes a basic need. But poverty is more than just not having enough money. The World Bank Organization describes poverty as Poverty is Lack of Shelter

Poverty means more than a lack of income and productive resources to ensure a sustainable livelihood. Its manifestations include hunger and malnutrition, limited access to education and other basic services, social discrimination and exclusion, and lack of participation in decision-making processes

Learn more about poverty here

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Fonda Motorcycle Shop sells motorcycles, ATVs, and other related supplies and accessories. During the taking of its physical inv
saul85 [17]

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3 years ago
Recommend ways to deal with the following personalities in the workplace"
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3 years ago
The following cost data relate to the manufacturing activities of Chang Company during the just completed year:
Elza [17]

Answer:

Amount of underapplied or overapplied overhead cost for the year

$97000 - Underapplied

Schedule of cost of goods manufactured for the year

Direct Material                                3885000

Direct Labor                                      60000

Overheads                                       376000

Total Manufacturing Costs             4321000

Add Opening Inventory WIP           400000

Less Closing Inventory WIP            (700000)

Cost of Goods Manufactured         4021000

Explanation:

Amount of underapplied or overapplied overhead cost for the year

Underapplied or Overapplied overhead cost =Actual Overhead - Applied Overhead

$473000-$376000= $ 97000

Schedule of cost of goods manufactured for the year

<em>Direct Materials  Calculation  </em>                                  

Opening                                                      200000

Add Purchases                                         4000000

Available                                                    4200000

Less Closing Material                                 300000

Materials Consumed                                  3900000

Less Indirect Materials                                 15000

Direct Materials Consumed                       3885000

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