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lutik1710 [3]
3 years ago
13

When might be the best time to start saving for retirement?

Business
2 answers:
lara31 [8.8K]3 years ago
8 0

The best time to start saving for retirement is when you have a steady paycheck. When you have a steady paycheck, you can systematically save money towards retirement. You can use dollar cost averaging as a way to get money into the stock market.

maks197457 [2]3 years ago
5 0
When your in your late 20s early 30s 
You might be interested in
Coates Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. T
andrew-mc [135]

Answer:

Selling price per unit= $233.87

Explanation:

Giving the following information:

Overhead:

Estimated overhead= $249,000

Variable manufacturing overhead= $3.80 per machine-hou

Estimated machine-hours= 30,000 machine-hours.

Job X784:

Number of units in the job 50

Total machine-hours 250

Direct materials $ 470

Direct labor cost $5,500

Selling price= 30% mark up

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (249,000/30,000) + 3.8

Predetermined manufacturing overhead rate= $12.1 per machine hour

Now, we can determine the total cost of Job X784:

Total cost= 470 + 5,500 + (12.1*250)

Total cost= $8,995

Finally, the selling price per unit:

Unitary cost= 8,995/50= $179.9

Selling price per unit= 179.9*1.30= $233.87

8 0
3 years ago
All of the following are true regarding deferred revenues except: They are payments received in advance of services performed. T
pychu [463]

Answer:

The correct answer is letter "C": The adjusting entry for deferred revenues increases revenues and decreases liabilities

Explanation:

Deferred Revenue is accrued payments that a corporation collects for goods or services that it has not yet produced or dispatched. Another term for deferred revenue is unearned revenue. Whereas normal payments for goods or services are recorded as revenue on the company's Income Statement, deferred revenue is recorded as a liability until the product is shipped.

For accounting purposes, <em>the adjusting entry for the deferred revenue by increasing an asset account (cash) with a debit and by increasing a liability account (unearned revenue) with a credit.</em>

7 0
3 years ago
1) Define JTA <br><br><br>please help<br>​
otez555 [7]

Answer:

The Full form of JTA is Job Task Analysis.

Explanation:

JTA) allows applications to perform distributed transactions, that is, transactions that access and update data on two or more networked computer resources.


Hope it helps! ◕ ‿ ◕

Sorry if it’s wrong! :(

5 0
2 years ago
Read 2 more answers
Byron is interested in buying an antique vase for his grandmother's birthday. He visits an antique store and buys the first vase
Tresset [83]

Answer:

specialty

Explanation:

Specialty goods are goods with unique characteristics and brand identifications that will motivate a buyer to go to great length or special effort to acquire such a  good. Specialty goods require high involvement as the buyer can show high level of brand loyalty to a product and pay a premium just to acquire the brand.

Byron does not visit another store to compare other vases because he already knows the unique characteristics he is looking for which he found in the first vase that he saw and bought. So he purchased a specialty good.

6 0
3 years ago
McGraw purchased an antique rocking chair from Tillis by check. The check was dishonored by the bank due to insufficient funds.
LekaFEV [45]

Answer:

Option C is the correct option.

Explanation:

As the rights and obligation of the antique rocking chair are been passed to third party, so the damage caused by the checque been bounced is the monetry consideration agreed between the party to the contract, McGraw and Tellis. So Tellis may recover money damages from McGraw. However there is a special condition that can allow Tellis recover his asset from Rio if the third party knew before purchase of this asset, that the checque paid to Tellis by McGraw was dishonoured but still he contracted with McGraw to acquire the antique rocking chair.

Overall the option C is the correct option with which the case scenario relates.

3 0
2 years ago
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