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3 years ago

Which of the following is not a relatively recent change in policy concerning welfare

Business

2 answers:

TiliK225 [7]3 years ago

8 0

Answer:

a) reassigning the responsibility for implementing antipoverty programs to the federal government

Explanation:

Airida [17]3 years ago

3 0

This welfare-reform plan responded to criticisms that welfare encouraged poor people to remain unemployed in order to keep receiving aid. It replaced the traditional antipoverty program for poor families (Aid to Families with Dependent Children, or AFDC) with a new program called Temporary Assistance for Needy Families (TANF).

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<em>brainly.com/question/25301308</em>

6 0

2 years ago

How much of the federal government's income comes from individual income tax? (1 point)

Lilit [14]

The right answer for the question that is being asked and shown above is that: "47 percent." the federal government's income comes from individual income tax is that of <span>47 percent. This is the correct answer as far as the federal government's income is concerned.</span>

5 0

3 years ago

Precision Paper Products produces both paper towels and paper napkins. The production process begins with the receipt and pulpin

alexdok [17]

Answer:

d. The maintenance costs associated with the napkin folding machine.

Explanation:

The cost that required one or more processors to produced a final product is known as joint cost

Here in the given question, the maintenance cost is not considered to be a joint cost as this cost are associated with the paper napkins

Also, the pulping, screening, rolling, etc are considered to be joint cost

Hence, the correct option is d.

4 0

3 years ago

Madison Company's perpetual inventory records indicate that $875,300 of merchandise should be on hand on October 31. The physica

Trava [24]

Answer:

Madison Company's Journal entry

Dec. 31

Dr Cost of Merchandise Sold 93,400

($875,300-$781,900)

Cr Merchandise Inventory 93,400

Explanation:

If the perpetual inventory records $875,300 of merchandise while the physical inventory indicates $781,900 which means we have to deduct $781,900 from $875,300 which made us to arrived at $93,400 as Debited Cost of Merchandise Sold and as Credited Merchandise Inventory .

4 0

3 years ago

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

Paul [167]

Answer:

1. $4.5

2. 45%

3. 55%

4. $4.50

5. $1,800

6. $3,150

7. $1,750

8. 500 units

9.$5,000

10. 2,300 units

11. $5,000

12. 2

13. 1.5%

Explanation:

1. Contribution margin per unit = Unit sales price - Variable cost per unit

• $10 - $5.5 = $4.5

2. Contribution margin ratio = (sales - variable expense) / Sales

• ($10,000 - $5,500) / $10,000

• $4,500/$10,000

•45%

3.Variable expense ratio = variable cost per unit / Sales per unit

•$5.5/$10 = 55%

4. Net operating income @1,000 - Net operating income @1,001

•@1,000 units

Sales (1,000 x 10) $10,000

Variable expense (1,000 x 5.5) $5,500

Contribution margin $4,500

Less: Fixed Cost $2,250

Net operating income $2,250

•@1,001 units

Sales (1,001 x 10) $10,010

Variable expense (1,001 x 5.5) $5,505.50

Contribution margin $4,504.50

Less: Fixed cost $2,250

Net operating income 2,254.50

Therefore, $2,254.50 - $2,250 = $4.50

5. Sales (900 x 10 ) $9,000

Variable expense (900 x 5.5) $4,950

Contribution margin $ 4,050

Less: Fixed cost $2,250

Total net operating income $1,800

6. Sales (900 x 11.50) $10,350

Variable cost (900 x 5.50) $4,950

Contribution margin $5,400

Less: Fixed cost $2,250

Net operating income $3,150

7. Sales (1,250 x 10) $12,500

Variable cost (1,250 x 6) $7,500

Contribution margin $5,000

Less: Fixed cost (2,250 + 1,000) $3,250

Net operating income $1,750

8. Break-even point in unit sales

BEP =Total fixed cost / (sale per unit - variable cost)

BEP = $2,250 / (10-5.5)

BEP = $2,250/$4.5

BEP = 500 units

9.Break-even point in dollar sales

BES = Total fixed expense/contribution margin ratio

BES = $2,250/([10,000-5,500]/10,000)

BES = $2,250/0.45

BES = $5,000

10. Let’s begin with the desired net operating income.

•$8,100 + Fixed cost = Contribution margin / (Sales per unit - Variable cost)

•$8,109 + $2,250 = $10,350/(10-5.50)

•$10,350/4.50

•2,300 units

11.Margin of safety = Projected sales - Break-even sales

MOS = $10,000(1,000 x 10) - $5,000 (as computed above #9)

MOS = $5,000

12. Degree of Operating leverage

DoL = (Sales-Variable cost) / (Sales - Variable cost - Fixed cost)

DoL = ($10,000 - 5,500) / ($10,000 - 5,500 - 2,250)

DoL = $4,500/$2,250

DoL = 2

13. 3% / 2 = 1.5%

• DoL simply signifies how many times the operating profit increase or decrease in relation to sales.

6 0

3 years ago