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Fudgin [204]
3 years ago
7

"debby just got a job as an assistant in a new federal agency called the accounting commission that was set up to regulate the a

ccounting and auditing profession. the agency is headed by commissioners who serve for fixed terms and cannot be removed for cause. additionally, no more than a majority of the commissioners may be from the same political party. her agency is getting ready to issue rules. the enabling legislation that set up the accounting commission specified that the agency could make rules but said nothing about the form of the rules. debby's boss, blair, gave her some proposed rules and asked her to be sure that they were published and to take care of the next step in the approval process. blaire also told her that at this point she was not very interested in hybrid rule making. what would be the next step in obtaining enactment of the rules after publication"
Business
1 answer:
navik [9.2K]3 years ago
8 0
<span>The next step in obtaining enactment of the rules after publication would be the opportunity for all interested parties to submit written comments.</span>
You might be interested in
Carly deposited $800 in an account that earns 6% compounded annually. Lara deposited $800 in an account that earns 6% simple int
LiRa [457]

Answer:

Carly will have $1,433 in her account at the end of 10 years.

Lara will have $1,280 in her account at the end of 10 years.

Explanation:

Simpe interest pays the simple trust on the principal amount. There is no reinvestment of interest.

In compounded Interest the Interest earned from the investment is reinvested and again interest on principal and interest amount reinvested is earned.

Carly Deposit balance

Principal amount = $800

Blance after 10 years = $800 ( 1+ 6% )^10 = $800 x 1.791 = $1,433

Lara Deposit balance

Principal amount = $800

Amount of Interest for 10 years = 800 x 6% x 10 = $480

Blance after 10 years = $800 + $480 = $1,280

7 0
3 years ago
Seldomridge, Inc., manufactures and sells two products: Product I5 and Product U0. Data concerning the expected production of ea
Dmitry [639]

Answer:

Seldomridge, Inc.

The unit product cost of Product UO under activity-based costing is closest to:

= $2,930.77

Explanation:

a) Data and Calculations:

Direct labor rate = $24.40

                                                Product I5    Product U0   Total

Expected Production                      700              200       900

Direct Labor-Hours Per Unit           7.0              10.0

Total Direct Labor-Hours           4,900           2,000         6,900

Total direct labor costs         $119,560       $48,800   $168,360

Direct Materials Cost per Unit $116.10        $212.10

Total direct materials cost     $81,200       $42,420  $123,620

                               

                                Activity      Estimated          Activity Measures

Activity Cost Pools  Measure   Overhead   Product I5 Product U0   Total

Labor-related          DLHs       $ 246,468          4,900        2,000     6,900

Product testing       tests               10,494            500           400         900

Order size               MHs            837,660          4,700       4,500      9,200

Total                                      $ 1,094,622

                            Overhead Rates

Labor-related      $35.72 ($246,468/6,900)

Product testing    $11.66 ($10,494/900)

Order size           $91.05 ($837,660/9,200)

Overhead applied to Product UO:

Labor-related =     $71,440 ($35.72 * 2,000)

Product testing        4,664 ($11.66 * 400)

Order size            418,830 ($91.05 * 4,600)

Total overhead $494,934

Product UO

Direct labor costs         $48,800

Direct materials costs    42,420

Overhead costs           494,934

Total product costs    $586,154

Expected production units 200

Unit product cost =   $2,930.77

7 0
3 years ago
Lindon Company is the exclusive distributor for an automotive product that sells for $34.00 per unit and has a CM ratio of 30%.
Assoli18 [71]

Answer:

1. $23.80

2. Break even Point (units) = 19,000 units and Break even Point (dollars) = $646,000

3. Unit sales to attain a target profit = 28,000 units and Dollar sales to attain a target profit = $952,000

4. Break even Point (units) = 28,500 units, Break even Point (dollars) = $969,000 and Dollar sales to attain a target profit = $1,428,000.

Explanation:

Variable Cost % = 100% - 30%

                           = 70%

Thus, variable expenses per unit = $34.00 × 70%

                                                       = $23.80

Break even Point is the level of activity where a firm makes neither a profit nor a loss.

Break even Point (units) = Fixed Cost / Contribution per unit

                                        = $193,800 / ($34.00 ×30%)

                                        = $193,800 / $10.20

                                        = 19,000 units

Break even Point (dollars) = Fixed Cost / CM Ratio

                                           = $193,800 / 0.30

                                           = $646,000

Unit sales to attain a target profit = (Fixed Cost + Target Profit) / Contribution per unit

                                                       = ($193,800 + $91,800) / $10.20

                                                       = 28,000

Dollar sales to attain a target profit = (Fixed Cost + Target Profit) / CM Ratio

                                                       = ($193,800 + $91,800) / 0.30

                                                       = $952,000

When variable expenses reduce by $3.40 per unit.

Break even Point (units) = Fixed Cost / Contribution per unit

                                        = $193,800 / ($34.00 - $23.80 - $3.40 )

                                        = $193,800 / $6.80

                                        = 28,500 units

Break even Point (dollars) = Fixed Cost / CM Ratio

                                           = $193,800 / ($6.80/ $34.00)

                                           = $969,000

Dollar sales to attain a target profit = (Fixed Cost + Target Profit) / CM Ratio

                                                       = ($193,800 + $91,800) / 0.20

                                                       = $1,428,000

6 0
3 years ago
Down payment assistance programs offer grants and affordable loans to help offset the upfront cost of homeownership
Law Incorporation [45]
Homebuyer programs provide access to down payment funds to help more families take advantage of these record low-interest rates now. 3. Helps offset FHA premiums and mortgage insurance. Over the years, FHA has been the primary place for many first-time homebuyers to get a low-cost, low down payment loan.
8 0
3 years ago
Read 2 more answers
2. What does AOC stand for?
Mice21 [21]

Answer:

The answer is D. Area of Concentration

Explanation:

Area of concentration (AOC) must be listed along with a skill identifier (if applicable) and listed as the primary specialty.

4 0
2 years ago
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