Answer:
$130,000
Explanation:
Sarah is making use of the needs approach to determine how much life insurance to buy
The first step is to calculate the total amount of life insurance
Total amount of life insurance = Total needs - total assets
Total need = income needs + cash needs + special needs
= $140,000 + $30,000 + $100,000
= $270,000
Total assets= retirement plan + bank account + investment account
= $30,000 + $20,000 + $40,000
= $90,000
Total amount of life insurance = $270,000-$90,000
= $180,000
Since Sarah is covered by $50,000 group insurance by her employer then the additional life insurance that should be purchased can be calculated as follows
= $180,000 - $50,000
= $130,000
Prime cost=direct material+direct labor
4800000=1900000+direct labor
Solve for direct labor
Direct labor=4800000-1900000
Direct labor=2900000. ..answer
If you try with the formula of the conversation cost to solve for direct labor, you will get the same answer
The formula of the conversation cost is
CC=direct labor+factory overhead
Hope it helps!
Answer:
Paul Hyatt is fully liable for all business debts
Explanation:
Unlimited liability in this scenario, means that Paul Hyatt is fully liable for all business debts. That is because unlimited liability is defined as the full legal responsibility that business owners and partners assume for all business debts, and since Paul Hyatt is a sole proprietor which means that he both owns and runs DeepCleans and there is no legal distinction between him and the business entity, then he is fully liable for debts and profits of DeepClean.
Answer:
-1.8
Explanation:
Data provided in the question:
Mean = $32,500
Standard deviation = $2,500
Earning, X = $28,000
Now using the formula provided in the question for the calculation of the z - score, we have
z score = ( X - Mean ) ÷ ( Standard deviation )
on substituting the respective values, we get
z score = ( $28,000 - $32,500 ) ÷ ( $2,500 )
or
z score = -4500 ÷ $2,500
or
z - score = -1.8
