Answer:
January
Explanation:
The overtime wages should be expensed in January as in the month of february, wages will be accrued and it will be liablity for employer.
The overtime worked in month on january should be paid in january itself and overtime expense should be included in wages payable in the month of January. When wages are paid, the owner of the factory should debit the wages payable account and cash account should be credited as amount of casg paid to the employees. Wages are considered as operating expenses of factory.
The correct answers are B) as inflation rises, the buying power of the fixed pension plan will not be able to keep up if the same fixed income is earned in 1990 as it was in 1980. And C) inflation will have dramatically increased living expenses and it will be difficult to maintain the same purchasing power.
An increase in inflation above expectations will affect the worker's purchasing power in retirement in the following ways: as inflation rises, the buying power of the fixed pension plan will not be able to keep up if the same fixed income is earned in 1990 as it was in 1980. Also, inflation will have dramatically increased living expenses and it will be difficult to maintain the same purchasing power.
That is the problem with pensions. When people retire from work, they will receive a fixed amount of money on a monthly basis. But inflation is always a factor that makes prices to be higher. So if the income level of the individual stays the same, inflation will limit is purchase capacity because the person will still receive the same pension although the prices of products and goods could dramatically change in the case of an increase in inflation above expectations.
Answer:an automatic stabilizer because it falls as income increases, slowing an economic expansion
Explanation:Unemployment Compensation are benefits provided by government to serve as a temporary income when one loses his or her job through no fault of him or her.
The money partly helps one pay expenses while looking for new job
Unemployment compensation is a fiscal policy used as an Automatic stabilizers to stabilise fluctuations in a nation's economic activity.
Similarly, Unemployment compensation payments, falls when the economy is in a phase of expansion since there are few unemployed people filing claims for compensation and rise when the economy is high in recession and high rate of unemployment IE when there are many people filing claims for compensation.
False, opportunity cost is what you have to give up in order to obtain a good.
Example:
You have 30 minutes to either read a book or nap. You choose to read a book. You're opportunity cost is the 30 minutes you could have spent sleeping.
Answer:
correct option is C. 95.36 percent
Explanation:
given data
capital intensity ratio = 0.87
total assets = $48,900
current sales = $53,600
solution
first we get here Sales at full capacity by Capital Intensity Ratio that is
Capital Intensity Ratio = Total Assets ÷ Sales ..................1
put here value and we get
Sales =
Sales = $56,206.90
and
now we get Level of capacity is the firm currently operating that is express as
Level of capacity = Current sales ÷ Sales at full capacity .................2
put here value and we get
Level of capacity =
Level of capacity = 95.36%
so correct option is C. 95.36 percent