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3 years ago

A principal objective of the occupational safety and health act is ____________:

2 answers:

8 0

I think the correct answer would be B. A principal objective of the occupational safety and health act is preventing injuries and illnesses on the job. It is a federal law that governs the health and safety of the people in the private and public sector. It was passed in order to ensure safe and healthy working conditions for all employees in the private and public sectors by making and implementing standards for working in certain workplaces and also by organizing training, outreach programs and education. It protects the employees of any possible injuries and illnesses that may rise when working.

Wewaii [24]3 years ago

7 0

Preventing injuries and illnesses on the job is a principal objective of the Occupational Safety and Health Act.

To add, the Occupational Safety and Health Act is the primary federal law which governs occupational health and safety in the private sector and federal government in the United States.

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13.. Francisco leased equipment from Julio on December 31, 2021. The lease is a 10-year lease with annual payments of $150,000 d

tatuchka [14]

Answer:

$800,239.40

Explanation:

Calculation for the balance in Francisco lease liability at December 31, 2022

First step is to find the Liability for the year end 31st December 2021

Using this formula

Liability as on 31st December 2021=Initial Value of the Liability - Annual Payment

Let plug in the formula

31st December 2021 Liability =$1,013,854-$150,000

Liability as of 31st December 2021=$863,854

Second step is to find Interest for the Year 2022

Interest =$863,854×10%

Interest =$86,385.40

Third step is to less the interest amount from the Annual payment

Annual Payment $150,000- Interest $86,385.40

=$63,614.60

Last step is to find the balance in the lease liability at December 31, 2022

Lease liability balance = $863,854 -$63,614.60

Lease liability balance=$800,239.40

Therefore What should be the balance in Francisco lease liability at December 31, 2022 will be $800,239.40

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2 years ago

Historical Art is a new business. During its first year of operations, credit sales were $50,000 and collections from credit sal

Igoryamba

Answer: $1000

Explanation:

First, we calculate the amount if bad debt expense which will be:

= 3% × $50000

= $1500

Therefore, the balance of accounts receivable at the end of the first year will be:

= Amount of bad debts expense - Account written off

= $1500 - $500

= $1000

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3 years ago

Lucy Sportswear manufactures a specialty line of T-shirts using a job-order cost system. During March, the following costs were

alukav5142 [94]

Answer:

Unit cost= $5,5unit

Explanation:

Total manufacturing cost is the aggregate amount of cost incurred by a business to produce goods in a reporting period.

Generally accepted accounting principles require that the cost of goods sold shall consist of:

the cost of direct materials

the cost of direct labor

the cost of manufacturing overhead

Expenses that are outside of the manufacturing facilities, such as selling, general and administrative expenses, are not product costs. They are reported as expenses on the income statement in the accounting period in which they occur.

<u>In this exercise:</u>

Cost of goods manufactured:

Direct materials= $13700

Direct Labor=$4800

Factory overhead= 800hours*$25=$20000

Total= $38500

Unit cost= 38500/7000=$5,5unit

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3 years ago

Service industry, job costing, law firm. Kidman & Associates is a law firm specializing in labor relations and employee-rela

evablogger [386]

Answer:

Explanation:

Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour

Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55

Job R:

Direct cost:

Job R - 120H*65=7800

Add: Indirect cost:

120H* 55=6600

TOTAL R JOB=14400

Job P:

DC:

Job P - 160H*65=10400

IC:

160H*55=8800

TOTAL P JOB=19200

8 0

3 years ago

A company plans on selling 500 units. The selling price per unit is $10. There are 60 units in beginning inventory, and the comp

BaLLatris [955]

Answer:

Units to be produced will be 540

So option (a) will be the correct answer

Explanation:

We have given number of units sold = 500 units

Beginning inventory is given = 60 units

And ending Inventory= 100 units

We have to find units to be produced

Units to be produced is given by

Units to be Produced= Ending Inventory + Units to be Sold - Beginning Inventory = 500 + 100 - 60 = 540 units

So 540 units are produced

So option (a) will be the correct answer

5 0

2 years ago