3 years ago

What is a regular savings account traditionally called?

Business

1 answer:

Sphinxa [80]3 years ago

4 0

A savings account is a savings account

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The Fabricating Department started the current month with a beginning Work in Process inventory of $10,000. During the month, it

Natalka [10]

Answer:

$13,000

Explanation:

Calculation for what The ending balance of the Work in Process Inventory account for the Fabricating Department is:

Beginning Balance 10,000

Add Direct Materials 76,000

Add Direct Labor 24,000

Add Factory Overheads 12,000

(50% *24,000)

Less Work Transferred (109,000)

Ending Balance $13,000

Therefore The ending balance of the Work in Process Inventory account for the Fabricating Department is:$13,000

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If a team of three workers, each making the U.S. Federal minimum wage, produced these 12 rugs, what would the total labor cost b

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On the twentieth day of the month, room sales at the Motor Lodge Motel exceeded its breakeven point for the month. Revenue gener

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D) increase at a faster rate than the costs associated with those sales.

Explanation:

If the break even point was reached during the 20th day of the month, then any revenue generated during the remaining 10-11 days will increase net profits. The amount of net profit increase will be determined by the contribution margin of each service provided. The contribution margin = net sales - variable costs. Since the fixed costs have already been covered, the contribution margin will be equal to the net profit.

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3 years ago

ABC Hospital invests $5,095,000 in a joint venture with a reputable oncology group and the hospital agrees to a 55% interest in

Vsevolod [243]

Answer:

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3 years ago

The money paid to corporate investors in return for their investment is called _______.

Andrej [43]

It's called dividend. It's their share of the profit

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3 years ago