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3 years ago

What activities might require you to provide your social security nunber

2 answers:

7 0

I would say the most likely answer is starting a new job as the social security number is used to track lifetime earnings and and number of years worked and is also used for taxation purposes. In Canada, it is used as ID and in part for eligibility for employment insurance, public pensions, education and training and disability support among other things. In the US it was first introduced in 1935 as part of FDR's New Deal program to help people during the Great Depressio

elixir [45]3 years ago

4 0

A)Starting a new job

You might be interested in

If demand increased by 100 units at each price level, and the government set a price ceiling of $40, then there will be

mel-nik [20]

Answer:

no surplus or shortage

Explanation:

Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied

If demamd increases by 100, new equilibrium is 40

Thus, ceiling price equal equilibrium

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

It leads to shortages

it leads to the development of black markets

it prevents producers from raising price beyond a certain price

It lowers the price consumers pay for a product. This increases consumer surplus

4 0

3 years ago

Jasper Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 651, which was recen

SpyIntel [72]

Answer:

The right answer is "$14,496".

Explanation:

The given values are:

Direct material cost,

= $7700

Labor hours,

= 178

Wage rate,

= $22 per hour

Machine hours,

= 90

Predetermined overhead rate per machine,

= $32

Now,

The direct labors cost will be:

= $Labor \ hours\times wage \ rate$

= $178\times 22$

= $3,916$ ($)

Mfg. overhead costs will be:

= $Machine \ hours\times Predetermined \ overhead \ rate$

= $90\times 32$

= $2,880$ ($)

So,

The total manufacturing cost will be:

= $7700+3916+2880$

= $14,496$ ($)

3 0

3 years ago

Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 360,000 Beginning m

Maurinko [17]

Answer:

1. a contribution format income statement

Sales $ 360,000

Less Cost of Sales (Variable Cost)

Opening Merchandise Inventory $ 24,000

Add Purchases $ 240,000

Less Closing Inventory ($ 12,000) ($ 252,000)

Less Variable Selling Expense ($ 18,000)

Less Variable administrative expense (18,000) ($288,000)

Contribution $ 72,000

Less Fixed Expenses ;

Fixed selling expense ($36,000)

Fixed administrative expense ($ 14,400) (50,400)

Net Operating Income $ 21,600

2. a traditional format income statement.

Sales $ 360,000

Less Cost of Sales (Variable Cost)

Opening Merchandise Inventory $ 24,000

Add Purchases $ 240,000

Less Closing Inventory ($ 12,000) ($ 252,000)

Gross Profit $ 108,000

Less Expenses ;

Selling Expenses

Variable Selling Expense ($ 18,000)

Fixed selling expense ($36,000)

Administrative Expenses

Variable administrative expense (18,000)

Fixed administrative expense ($ 14,400) (86,400)

Net Operating Income $ 21,600

3. $ 360

4. $288

5. $72

6. contribution format

Explanation:

Selling price per unit = Total Sales Revenue / Units Sold

= $ 360,000 / 1,000 units

= $ 360

variable cost per unit = Total Variable Cost / units sold

= $288,000 / 1,000 units

= $288

contribution margin per unit = Selling price per unit - variable cost per unit

= $ 360 - $288

= $72

Contribution format is more useful to managers because its shows separately the changes in variable costs and contribution with any change in units sales

5 0

3 years ago

Ashley wants to increase the profits of her e-business. what two ways can be used to accomplish her goal of increasing profits?

olga55 [171]

i think that increase the inventory is the best option because is more posible a opportunity to sell when there are a lot to sell

5 0

3 years ago

E15-5 (Lump-Sum Sales of Stock with Preferred Stock) Dave Matthew Inc. issues 500 shares of $10 par value common stock and 100 s

OverLord2011 [107]

Answer:

See explanation section

Explanation:

Requirement A

Journal entry for the issuance when the market price of the common shares is $165 each -

Debit Cash (500 shares, $165 market value) $82,500

Credit Common Stock (500 shares, $10 par value) $5,000

Credit Paid-in-capital in excess of Par/Additional paid-in-capital, Common stock (500 shares, $165 - $10 = $155 per share in excess of par) $77,500

Journal entry for the issuance when the market price of the preferred share is $230 each -

Debit Cash (100 shares, $230 market value) $23,000

Credit Preferred Stock (100 shares, $100 par value) $10,000

Credit Paid-in-capital in excess of Par/Additional paid-in-capital, Preferred stock (100 shares, $230 - $100 = $130 per share in excess of par) $13,000

Requirement B

Journal entry for the issuance when only the market price of the common stock is $170 per share -

Debit Cash (500 shares, $170 market value) $85,000

Credit Common Stock (500 shares, $10 par value) $5,000

Credit Paid-in-capital in excess of Par/Additional paid-in-capital, Common stock (500 shares, $170 - $10 = $160 per share in excess of par) $80,000

As preferred stock's market price is not given, the par value becomes the market value for the preferred stock. The journal to entry to record preferred stock -

Debit Cash (100 shares, $100 market value) $10,000

Credit Preferred Stock (100 shares, $100 par value) $10,000

5 0

3 years ago