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2 years ago

Find last year's salary if, after a 4% pay raise, this year's salary is $39,000.

1 answer:

6 0

<span>Let x be the last year salary. Then this year salary is 1.04*x, and you have an equation
1.04*x = 39.000

The solution is x = 39000/1.04 = 37500

</span>

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Peking Palace Company reported the following: Standard quantity per unit 3 lbs. Standard price per pound $2.75 Actual pounds use

SCORPION-xisa [38]

Answer:

$577.5 favorable

Explanation:

Data provided in the question:

Standard quantity per unit 3 lbs

Standard price per pound = $2.75

Actual pounds used = 15,000 lbs

Actual price per pound = $2.90

Number of units produced = 5,070

Now,

The direct materials quantity variance is given as;

= | ( Actual quantity - Standard quantity ) | × Standard price

= ( 15,000 lbs - {Standard quantity per unit × units produced}) × $2.75

= ( 15,000 lbs - { 3 × 5,070}) × $2.75

= | ( 15,000 lbs - 15,210 ) | × $2.75

= $577.5

Since,

Standard quantity is higher than the actual quantity

thus,

$577.5 favorable

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3 years ago

The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of $1,000 and a s

mylen [45]

Answer:

There is a 0.2419% for a foreman to earn either $1,100 or $900

Explanation:

We calculate the probability of a normal distribution of 0;1

(X-mean)/deviation = Z

(1,100 - 1,000)/100 = 100/100 = 1

900 - 1,00/100 = -100/100 = -1

Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900

As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.

We look into the normal distribution table for the value of z = -1 or 1

0.002419707 = 0.2419%

4 0

3 years ago

Culver Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 108,000 1 94,000 2 63,000 3 73,000

kakasveta [241]

Answer:

Culver Company

Production Budget for 2022:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

Unit sales 108,000 63,000 73,000 118,000 362,000

Ending inventory 12,600 14,600 23,600 18,800 18,800

Total units available 120,600 77,600 96,600 136,800 380,800

Beginning inventory 21,600 12,600 14,600 23,600 21,600

Production units 99,000 65,000 82,000 113,200 359,200

Explanation:

a) Data and Calculations:

2022 2023

Quarter Units Quarter Units

1 108,000 1 94,000

2 63,000

3 73,000

4 118,000

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1

Unit sales 108,000 63,000 73,000 118,000 94,000

Beginning inventory 21,600 12,600 14,600 23,600 18,800

Ending inventory 12,600 14,600 23,600 18,800

Production Budget for 2022:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

Unit sales 108,000 63,000 73,000 118,000 362,000

Ending inventory 12,600 14,600 23,600 18,800 18,800

Total units available 120,600 77,600 96,600 136,800 380,800

Beginning inventory 21,600 12,600 14,600 23,600 21,600

Production units 99,000 65,000 82,000 113,200 359,200

6 0

2 years ago

A small manufacturing firm is currently negotiating with a union, but negotiations are not going well. The firm is concerned abo

padilas [110]

I need answer choices

7 0

3 years ago

ABC Services reported the following transactions for September, 2013. A) The owner opened the business with a capital contributi

NemiM [27]

Answer:

ABC Services

The total liabilities at the end of September, 2013

= $9,000

Explanation:

a) Data and Calculations:

Capital contribution = $23,500

Equipment = $11,500

Cash payment for equipment = $2,500

Note payable on equipment = $9,000

Insurance expense paid = $1,350

Utility expense paid = $980

Rent paid = $2,000

Sales = $12,000

Cash Sales = $7,200 (60% of $12,000)

Credit Sales = $4,800 (40% of $12,000)

Office furniture paid = $9,700

Therefore, total liabilities at the end of September, 2013 = $9,000. This represents the note payable for the office equipment purchased in B.

8 0

2 years ago

Find last​ year's salary​ if, after a 4% pay​ raise, this​ year's salary is $39,000.

Find last year's salary if, after a 4% pay raise, this year's salary is $39,000.