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3 years ago

Why do you think it is important to do what is right even when no one is looking

1 answer:

5 0

It's important because if you were to get used to doing "something wrong", you might as well go into the habit until you get caught. Besides, it's best to do the right thing.

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NorthWest Corp. obtained the following information from its accounting records: Sales $70,000 Beginning Finished Goods Inventory

GrogVix [38]

Answer:

Cost of goods manufactured = Cost of goods sold + Ending finished goods inventory - Beginning finished goods inventory

Cost of goods manufactured = $22,000 + $46,000 - $10,000

Cost of goods manufactured = $58,000

Explanation: In order to obtain cost of goods manufactured, we need to add cost of goods sold to ending finished goods inventory and deduct beginning finished goods inventory. Ending work-in-process inventory should be ignored because it has been considered before arriving at cost of goods manufactured.

6 0

3 years ago

Establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example of which resource management

Flura [38]

Answer: Option C

Explanation: In simple words, planning for resources refers to the activity of NIMS of management which helps in making strategies for resource management. Stock pilling resources and Mutual aid agreements are some of the many examples of it.

In planning for resources under mutual aid agreements two different countries agrees to exchange their resource in such a way that the utility from such resources could be derived to maximum.

Hence from the above we can conclude that the correct option is C .

5 0

3 years ago

Required information Skip to question [The following information applies to the questions displayed below.] The December 31, 202

Furkat [3]

Answer and Explanation:

The preparation of the income statement is presented below:

Service Revenue 340,000

Less:

Salaries Expense 240,000

Rent Expense 12,000

Depreciation Expense 24,000

Interest Expense 3,400

Net income $60,600

Hence, we simply deduct the expenses from the service revenue so that we get the net income

8 0

3 years ago

According to a summary of the payroll of Guthrie Co., $560,000 was subject to the 6.0% social security tax and the 1.5% Medicare

Sunny_sXe [5.5K]

Answer and Explanation:

a. The computation of an employer's payroll taxes is shown below:-

Employer's payroll taxes = Social Security tax payable + Medicare tax payable + State Unemployment tax payable + Federal Unemployment tax payable

= ($560,000 × 6%) + ($560,000 × 1.5%) + ($60,000 × 0.6%) + ($60,000 × 0.6%)

= $33,600 + $8,400 + $3,240 + $360

= $45,600

b. The Journal entry is shown below:-

Payroll tax expense $ Dr, $45,600 -

To Social Security tax payable $33,600

To Medicare tax payable $8,400

To State Unemployment tax payable $3,240

To Federal Unemployment tax payable $360

(Being accrual of payroll taxes is recorded)

5 0

3 years ago

Consider a household consisting of four college friends. The friends have made a commitment to live together for the next five y

noname [10]

Answer:

move
none are tied

Explanation:

See the attached for a spreadsheet of the values given in the problem statement. We have simply added the salary to the value of the preference and subtracted the one-time moving expense.

The right-most column shows the net increase in value of moving to Miami for each of the householders. Bonnie achieves so much more value that her net value outweighs the rather significant hit in value that Donna experiences.

If the vote is by net value to the householders, they must vote to move. There are no householders that have a net zero change in value.

_____

<em>Comment on democracy</em>

A decision based on net value does not account for the rather significant cost to Donna. If the household values mental health and interpersonal relationships, the fact that one member suffers badly from the move should be enough to sway the decision against it.

5 0

3 years ago