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storchak [24]
3 years ago
9

Recent statistics state that the average life expectancy for an American is a little over 78 years.

Business
1 answer:
nadya68 [22]3 years ago
6 0

Explanation:

Yes the statement is True.

When life expectancy is higher, the responsibilities to take care of the person lingers on. A person can feed himself at the age of retirement. After that, he will be dependent upon the other members of the family and thus increase their responsibility of taking care of him. Short life expectancy means less family responsibility upon others. Family responsibilities include feeding of the dependent, getting him clothes, meeting his health care, fulfilling his other responsibilities. With the increased life expectancy, such family responsibilities also increases.

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In a process costing system, with the exception of the first department, each department receives output from the prior departme
Eduardwww [97]

Process Costing system involved several processes or departments under which the next department receives partially completed product from the previous department. The first department receives the raw material and it does not receive any output from other department.  

Hence except the first department, each department receives output from the prior department as a partially processed product.

Hence the answer is <u>True.</u>



8 0
3 years ago
Jolly Giant Burgers purchased a commercial dishwasher by paying cash of $8,000. The dishwasher's fair value on the date of the p
gulaghasi [49]

Answer:

$9,100

Explanation:

Calculation for what amount will Bahama record the dishwasher

Using this formula

Amount to record

dishwasher=Cash+Transportation costs+Installation fees

Let plug in the formula

Amount to record dishwasher=$8,000 + $600 + $500

Amount to record dishwasher = $9,100

Therefore the Amount to record dishwasher will be $9,100

5 0
3 years ago
Havermill Co. establishes a $330 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
slavikrds [6]

Answer: a) Debit to Office Supplies for $81.

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Office Supplies of $81 were used in the month of September. When replenishing the fund, this asset will be accounted for by being debited and cash will be credited to reflect the reason the cash account is being reduced.

The Journal entry for the replenishment will be;

DR Office supplies Account ......................................$81  

DR Merchandise inventory Account ........................$153  

DR Misc. expense Account........................................ $30  

CR Cash account ......................................................................$264

5 0
4 years ago
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You have an insurance policy with a $300 premium and a $500 deductible. how much should you expect to pay the insurance company
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3 years ago
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