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3 years ago

How can businesses addressing unemployment?

1 answer:

8 0

Small businesses are actually the major engine of the economy, especially now that much of our manufacturing jobs have moved overseas, so they play a crucial role in employment.

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Inventory Valuation under Variable Costing Lane Company produced 50,000 units during its first year of operations and sold 47,30

otez555 [7]

Answer:

1. $5.62

2. $15,174

Explanation:

1. The computation of the cost of one unit of product under variable costing is shown below:-

Total product cost = Direct material + Direct labor + Variable overhead

= $123,000 + $93,000 + $65,000

= $281,000

Unit product cost = Total product cost ÷ Produced units

= $281,000 ÷ $50,000

= $5.62

2. The computation of cost of ending inventory under variable costing is shown below:-

Unsold at end = Unit produced - Unit sold

= 50,000 - 47,300

= 2,700

Cost of ending inventory = Number of units sold × Unit product cost

= $5.62 × 2,700

= $15,174

3 0

3 years ago

Using the following end-of-year information, calculate the number of days' sales in receivables for Year 2.

victus00 [196]

Answer:

The number of days' sales in receivables for Year 2 is 48.7

Explanation:

The formula that is applicable to this scenario is the accounts receivable divided by sales multiplied by 365 days

The number of days' sales in receivables=$11,000/$82,500*365=48.67

The correct option is D, since the 48.67 was simply rounded down to one decimal place.

6 0

3 years ago

"Today's settlement price on a Chicago Mercantile Exchange (CME) yen futures contract is $0.8011/¥100. Your margin account curre

g100num [7]

Answer:

Explanation:

The solution to the above problem is shown in the attached picture below. It is because of the arrangement i had ti use pen and book. Thank you

6 0

3 years ago

A type of insurance that protects workers frorm loss wages after an industrial accident that happened on the job is called

Katarina [22]

A type of insurance that protects workers from loss wages after an industrial accident that happened on the job is called worker compensation.

Workers' compensation insurance offers financial aid and/or medical attention to employees who are hurt on the job or fall ill as a direct result of their work. This insurance is paid for by the employer; the employee is not expected to contribute to the cost of compensation.
Workers' compensation, sometimes known as workers' comp, is a type of insurance that offers pay replacement and medical benefits to employees hurt while doing their jobs in return for a requirement that they waive their right to sue their employer for carelessness. The compensation bargain is the trade-off between restricted, guaranteed coverage and no other options outside of the worker compensation system.

Thus this is the answer.

To learn more about worker compensation, refer: brainly.com/question/27993713

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8 0

2 years ago

Wheeler Company issued 5,000 shares of its $5 par value common stock having a fair value of $25 per share and 7,500 shares of it

Arte-miy333 [17]

Answer:

Option (c) $141,818

Explanation:

Data provided in the question:

Number of common stocks issued = 5,000

Value of common stock = $25 par value

Number of preferred stocks issued = 7,500

Value of preferred stock = $20 par value

Lump sum value of total shares issued = $260,000

Now,

Fair value of the preferred stocks = 7,500 × $20

= $150,000

Fair value of the common stocks = 5,000 × $25

= $125,000

Thus,

Total value of the stocks issued = $150,000 + $125,000

= $275,000

Therefore,

Proceeds allocated to the preferred stock

= Lump sum value × [ Fair value of the preferred stocks ÷ value of the stocks ]

= $260,000 × [ $150,000 ÷ $275,000 ]

= $141,818.18 ≈ $141,818

Hence,

Option (c) $141,818

3 0

3 years ago