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2 years ago

The hernandez family budgets $420 a month for food. last month they spent $413, which creates a?

Business

1 answer:

MAVERICK [17]2 years ago

6 0

A budget surplus of $7

<h3>What is a budget surplus's opposite?</h3>

A budget deficit is the polar opposite of a budget surplus. If a company (or government) has a budget deficit, it signifies that over the given timeframe, it spent more money than it brought in. A business's budget deficit could necessitate a budget reform for the upcoming fiscal year, even though a budget deficit for the government is not always negative for spending.

<h3>What does the term "surplus" mean?</h3>

A surplus is a sign that the government is being run efficiently. When government income is higher than government expenditures for a specific time period, typically a fiscal year, there is a surplus, which is a positive number.

<h3>How is inflation caused by a budget surplus?</h3>

Nevertheless, inflationary pressures can also exist when the economy is struggling. In essence, a rise in the money supply is what causes inflation. In light of the foregoing, a budget surplus will drain funds from the economy, hence lowering the money supply and fostering a deflationary environment.

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If the aggregate supply curve is flat:_________

Alenkinab [10]

Answer:

b. expansionary fiscal or monetary policy will add significantly to real GDP will little effect on inflation.

Explanation:

The Keynesian aggregate supply curve is mostly horizontal (flat) because a decline in aggregate demand will always result in a decline in aggregate production (supply). In other words, during a recession, companies are willing to supply (produce and sell) all the products and services that their consumers demand at a given price. Even if the price does not change, if aggregate demand decreases, aggregate supply will also decrease.

That is why Keynesian economists argue that governments must intervene during economic recessions.

3 0

4 years ago

Wieters Industries manufactures several products including a basic case for a popular smartphone. The company is considering ado

Sav [38]

Answer:

Wieters Industries

a. Activity Rates:

Machine setup = $250

Inspection = 300

Materials receiving 140

b. The activity-based unit cost of the smartphone case is:

= $13.04

Explanation:

a) Data and Calculations:

Activity Activity Overhead $ Cost Driver Cost Driver Quantity

Machine setup $200,000 # of setups 800

Inspection 120,000 # of quality tests 400

Materials receiving 252,000 # of purchase orders 1,800

Total overhead costs $572,000

Activity Rates:

Machine setup = $250 ($200,000/800)

Inspection = 300 ($120,000/400)

Materials receiving 140 ($252,000/1,800)

Budgeted data for smartphone case production:

Direct materials $2.50 per unit

Direct labor $0.54 per unit

Number of setups 92

Number of quality tests 400

Number of purchase orders 50

Production 15,000 units

Overhead Applied to Smartphone Case:

Number of setups 92 * $250 = $ 23,000

Number of quality tests 400 * $300 = 120,000

Number of purchase orders 50 * $140 = 7,000

Total overhead applied = $150,000

Overhead per unit = $10 ($150,000/15,000)

Unit Cost of Smartphone Case:

Direct materials per unit $2.50

Direct labor per unit $0.54

Overhead per unit $10.00

Total unit cost = $13.04

6 0

3 years ago

Ajax Corp.'s sales last year were $435,000; its operating costs were $362,500; and its interest charges were $12,500. What was t

diamong [38]

its operating costs were $362,500

<h3>What is operating costs?</h3>

Operating costs, also known as operational costs, are expenses related to the operation of a business or a device, component, piece of equipment, or facility. They are the expenses incurred by an organization in order to continue to exist.

The ongoing expenses incurred from the normal day-to-day operations of a business are referred to as operating costs. Operating expenses include both costs of goods sold (COGS) and other operating expenses, which are commonly referred to as selling, general, and administrative (SG&A) expenses.

An operating expense is a cost incurred by a company as a result of its normal business operations. Operating expenses, also known as OPEX, include rent, equipment, inventory costs, marketing, payroll, insurance, step costs, and funds set aside for research and development.

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7 0

1 year ago

Provisions of the Fifth and Fourteenth Amendments guarantee that no person shall be deprived of life, liberty, or property witho

Naily [24]

Answer: individuals and corporations.

Explanation: A legal person refers to a human or non - human entity. It is any organisation, individual or other entity that is subject to obligations and who has legal rights. Any legal person can enter into contracts, own property, or be sued. This means that the 4th and 5th amendments apply to all parties under the definition of a legal person.

6 0

4 years ago

Employers generally restrict or monitor the Internet activity of their employees because the increased use raises the company's

photoshop1234 [79]

Answer:

1. False.

2. False.

3. True.

4. False.

5. False.

6. True.

7. Computer support specialist.

8. True.

Explanation:

1. Employers generally restrict or monitor the Internet activity of their employees because the increased use raises the company's ISP rates significantly: False because it is considered unethical under certain employee rights.

2. Although unethical, there are currently no laws in the U.S. for actions such as hacking and sharing copyrighted material: False because there is a computer fraud and abuse act in existence.

3. Employees who engage in telecommuting may find themselves working more hours, especially if their supervisor feels as if they are always "on the clock.": True

4. Most experts recommend that companies monitor their employees secretly in order to prevent workers from circumventing the technologies used to track them: False because it is not ethical and violates the fundamental rights of the employees.

5. Copyright protection lasts 20 years after the date of publication or release: False because a copyright protection is 95 years from date of publication or release and 120 years from creation.

6. A web developer creates and maintains websites for organizations: True

7. A computer support specialist excels when it comes to installing, configuring, and supporting computer systems.

8. Creative works such as books, songs, and photographs are protected by copyright law: True

6 0

4 years ago