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4 years ago

Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best.

Business

2 answers:

Viktor [21]4 years ago

7 0

Answer:

Connor is correct

Explanation:

Connor is correct because he is likely to earn a higher salary and more benefits throughout his career and also save for a life after retirement.

By earning $25000 more in salary (that is $60000 - $35000) because he has a college degree and phoebe do not have a college degree, he could make up the money spent during the course of his college degree and save more money during his career

3241004551 [841]4 years ago

7 0

Answer:

C) Connor is correct because he is likely to earn a higher salary throughout his career. By earning by only $11,000 more in salary, he could make up the difference over the life of his career. He is also likely to have more employee benefits to save for his retirement.

Explanation:

Actually the average wage of someone that only completed high school is $29,815, if you get an associate or technical degree your salary increases to $35,394, and the largest leap is for college graduates that earn $52,019.

It is significant difference between going to college or not, almost twice the salary. Even though going to college is expensive, in only a few years you will recover your investment (yes, education is an investment not a expense).

A much higher salary also allows a person to get more employee benefits, which add up and increase the difference.

Also, most of the high paying jobs that didn't require a college degree are starting to require them, e.g. manufacturing jobs at car factories are currently requiring certain skills and knowledge about computers and programming. So the difference in salaries between both types of jobs is likely to increase in the future.

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Consolidated financial statements are prepared when a parent-subsidiary relationship exists in recognition of the accounting con

soldier1979 [14.2K]

Answer:

The correct answer is letter "B": Entity.

Explanation:

The Accounting Entity principle or Economic Entity principle states that a commonly co-owned group of businesses can entitle to be a single entity with the purpose to generate a consolidated financial statement. A business entity could be considered to be a sole proprietorship, partnership, or corporation.

6 0

3 years ago

g Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard i

hram777 [196]

Answer:

Variable overhead efficiency variance= $110 favorable

Explanation:

Giving the following information:

The quantity standard is 1.4 hours per unit.

The variable overhead rate standard is $11.00 per hour.

The company produced 1,450 units using 2,020 direct labor-hours.

To calculate the variable overhead efficiency variance, we need to use the following formula:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

standard quantity= 1.4*1,450= 2,030

Variable overhead efficiency variance= (2,030 - 2,020)*11

Variable overhead efficiency variance= $110 favorable

5 0

3 years ago

[30 PTS + BRAINLIEST]

saw5 [17]

Answer:

Explanation:

A farmer would want to look at the economic status of the US because his goal is to sell as much wheat as possible and make the most profit. If he pays no attention to the economy and there's a recession but he still sells his wheat at the normal price, people whose stocks are going down and who are losing money will be unable to, and unwilling to, pay the price. Thus, the farmer must inspect the changing economic statuses of the US to determine the best and most effective way to market out his wheat to the public.

Changes in US racial patterns have no impact on the marketing of the farmer's wheat, so A is incorrect.

The number of births per year is also irrelevant, as is the general population growth numbers because these do not affect the way the farmer will market his crops, so B and D are incorrect.

Hope this helps!

3 0

3 years ago

Read 2 more answers

Help me out here I got a d

Aneli [31]

Answer:

it is type and price range.

3 0

3 years ago

EB10.

mafiozo [28]

Answer:

The question is incomplete; the complete question is given below.

Cost Pool Cost Driver Estimated Cost Driver Estimated Overheads

Material Material requisition 250,000.00 $105,000.00

Machining Machine hours 360, 750 $432,900.00

Inspection Number of inspections 25,000.00 $15,750.00

Answer:

Overhead rate per activity :Material- $0.42, Machining-$1.2, Inspection-$6.3

Explanation:

Activity-based costing aims to achieve better product pricing than traditional absorption cost by charging overheads to the product cost more accurately.

Activity-based costing uses cost drivers to charge overheads to cost unit as against the use of of volume-based bases like labour hours, machine hours. Overheads are first traced to the activities responsible for them- the sum is called cost pool. Cost pools are then absorbed into the cost unit using cost driver rates

Cost pool- the sum of the total overheads associated with an activity. E.g <em>$105,000 material requisition overheads.</em>

Cost driver: A factor that causes a change in the cost pool. E.g

<em>250,000 material requisitions.</em>

Cost per driver: A specific overhead absorption rate computed for an activity. It is calculated as follows:

Cost per driver = Estimated activity overheads/Total number of cost drivers

The predetermined overhead rate for each activity is calculated as follow;

Material requisition= $105,000/250,000 requisitions= $0.42 per requisition

Machining = $432,900/360,750 machine hours = $1.2 per machine hour

Inspection= $15,750/ 25,000 inspections = $6.3 per inspection

8 0

4 years ago