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aleksley [76]
1 year ago
9

How do the actions of living on less than you make, saving for large purchases, and sticking to a budget represent deciding acti

ons?
Business
1 answer:
Rashid [163]1 year ago
7 0

The actions of living on less than you make, sticking to a budget represent deciding actions, and saving for large purchases represent deciding actions as the person is making a conscious decision.

The key to budgeting is considered to be spending less money than you may earn. So, when you tend to spend less than you earn, you can thus start saving money. Here, saving for large purchases represent deciding actions.

However, a budget tend to allow you to meet your personal goals with a system of saving and wise spending. So, here the main purposes are budget are considered to be live within your income.

Hence, the purpose of budgeting includes such aspects.

To learn more about a budget here:

brainly.com/question/14188925

#SPJ4

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Cioffi Manufacturing Company incorporates standards in its accounts and identifies variances at the time the manufacturing costs
valina [46]

Answer:

A. Dr Materials $18,825

Dr Direct Materials Price Variance $8,575

Cr Accounts Payable $127,400

B. Dr Work in Process $97,000

Cr Direct Materials Quantity Variance $4,850

Cr Material 92,150

Explanation:

Preparation of the journal entries

A. Dr Materials $18,825

(2,450*$48.50 per unit)

Dr Direct Materials Price Variance $8,575

[2,450*($52.00 per unit-$48.50 per unit)]

Cr Accounts Payable $127,400

(2,450*$52.00 per unit)

B. Dr Work in Process $97,000

(200*10 units *$48.50)

Cr Direct Materials Quantity Variance $4,850

(2,000 units – 1,900 units) × $48.50

Cr Material 92,150

(1,900 × $48.50 )

6 0
2 years ago
Tv hosts for the “make me a millionaire” game show?
yulyashka [42]
I would do make me a millionaire
6 0
3 years ago
On January 1, 2018, Nath-Langstrom Services, Inc., a computer software training firm, leased several computers under a two-year
LiRa [457]

Answer:

Answer to the question :

On January 1, 2018, Nath-Langstrom Services, Inc., a computer software training firm, leased several computers under a two-year operating lease agreement from ComputerWorld Leasing, which routinely finances equipment for other firms at an annual interest rate of 4%. The contract calls for four rent payments of $13,000 each, payable semiannually on June 30 and December 31 each year. The computers were acquired by ComputerWorld at a cost of $90,000 and were expected to have a useful life of five years with no residual value. Both firms record amortization and depreciation semi-annually.

Required:

1. Prepare the appropriate entries for both the lessee and the lessor from the beginning of the lease through the end of 2018.

is explained in the attachment.

Explanation:

Download pdf
7 0
3 years ago
Gordin Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
gizmo_the_mogwai [7]

Answer:

1. b) $2 U

2. d) $2800 F

3. a) $6920 F

4. d) $10253 F

Explanation:

1) The activity variance for administrative expenses in May would be closest to: (3000-3020)*.10 = 2 U

Therefore, answer is b) $2 U

2) Revenue variance = (38*4100)-158600 = 2800 F

Hence, answer is d) $2800 F

3) Revenue variance = (5940*32.60)-200564 = 6920 F

So answer is a) $6920 F

4) Spending variance for plane operating costs = (39590+2649*85+4*297)-255690 = 10253 F

So answer is d) $10253 F

8 0
3 years ago
Sykora Corp. sells $540,000 of bonds to private investors. The bonds are due in 5 years, have a 6% coupon rate and interest is p
Katen [24]

The effective rate on these bonds is 7.17%

<h3>What is the effective rate?</h3>

The effective interest rate of a bond is the rate that equates the present value of the bond's future interest payments and the bond's maturity value to the bond's current market value.

The effective interest rate can be determined using a financial calculator:

  • Cash flow in year 0 = -490,222
  • Cash flow from period 1 - 12 = 6% x 540,000 = 32,400
  • Cash flow in year 6 or period 12 = $540,000

effective interest rate = 7.17%

To learn more about effective interest rate, please check: brainly.com/question/13735414

#SPJ1

7 0
2 years ago
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