A family day care allows you to make money while caring for your own children
Answer:
Food is need but having fast food from expensive restaurants is want.
Car is considered as a luxury its is a want, travelling from bus is a need.
Having small studio apartment to live is need but buying expensive villa is want.
Buying new clothes is need when old clothes are torn.
Shopping from grocery stores is need, shopping from malls is want.
buying branded shoes is want but having normal shoes are need.
Explanation:
These is difference between human needs and wants. A person may want so many luxuries in life but actually he can survive without buying it. Needs are the things without which survival of a person is risk.
Answer:
total working capital = $1,191,963
Explanation:
working capital = total current assets - total current liabilities
total current assets = cash + accounts receivable + inventories = $405,549 + $369,972 + $449,793 = $1,225,314
total current liabilities = $33,351
total working capital = $1,225,314 - $33,351 = $1,191,963
Answer:
$36 per purchase order; $20 per square foot
Explanation:
Factory expected cost:
= Cleaning factory + Providing utilities
= $35,000 + $77,000
= $112,000
Purchasing:
Activity overhead rate:
= Expected costs ÷ Expected amount of cost driver
= $ 183,600 ÷ 5,100
= $36 per purchase order
Factory:
Activity overhead rate:
= Expected costs ÷ Expected amount of cost driver
= $112,000 ÷ 5,600
= $20 per square foot
Answer:
By finding a factor that all have in common: that they are currently in the company and know how it works.
Explanation:
The manual that employees will have aboutthe new accounting system has to be the easiest to ready as possible. As the text mentions, in the company I have experienced accountants and others that are not and employees from different degree levels. Some might understand certain infromation and some might not.
However, what they all have in common is that they are all working in the company and know the current accounting system, because is something that concerns them, even though they have years working them, are new or are not going to last longer.
The best I can do is take advantage of that fact and show them the differences between the old accounting system with the new ones, by that way they will be able to land the information and understand it correctly.