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3 years ago

All Answers of the drivers ed final test !! Please

Business

1 answer:

Fudgin [204]3 years ago

7 0

Answer:

<u> Keeping a cushion of space at all times.</u>

Explanation:

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Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before any

ladessa [460]

Explanation:

Adjusting entries of fees collected in advance:

1. Dr unearned fee 6600

Cr fees earned 6600

Depreciation of Computers:

Dr Depreciation expense - computer 1650

Cr Accumulated depreciation 1650

Depreciation of Furniture:

Dr Depreciation expense - office furniture 1925

Cr Accumulated depreciation 1925

Adjusting entries of salaries:

Dr Salary expense 2695

Cr Salary payable 2695

Adjusting entries of Insurance:

Dr Insurance expense 1430

Cr prepaid insurance 1430.

Adjusting entries of office supplies:

Dr Office supplies expense 528

Cr Office supplies 528

Adjusting entries of utilities:

Dr Utilities expense 77

Cr Utilities payable 77

5 0

3 years ago

Read 2 more answers

True or false: account analysis involves a detailed analysis of what cost behavior should be, based on an industrial engineer's

lana66690 [7]

We can actually deduce here that "account analysis involves a detailed analysis of what cost behavior should be, based on an industrial engineer's evaluation" is false.

<h3>What is account analysis?</h3>

Account analysis is actually known as the process of a detailed line of items that are recorded in the financial statement are closely evaluated and examined by a professional auditor or accountant.

When account is analyzed, it helps account owners to easily identify trends. It also shows how an account is performing.

Learn more about analysis on brainly.com/question/24803971

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4 0

1 year ago

The federal Social Security Act A. Does not apply to self-employed persons. B. Excludes professionals such as accountants, lawye

Andrej [43]

Answer:

D. Provides that bonuses and commissions paid as compensation are included as wages in the calculation of employer-employee contributions.

Explanation:

As with reference to Sec 312(a) - it clearly states that all the amount rendered by the employer to the employee as in the nature of wages shall be included for computing the value of contributions.

Thus, as the bonuses and commissions are part of wages.

This clearly it creates the understanding that all the bonus and commissions received by the employee shall form part of wages for calculating the value of employer employee contributions towards the funds.

3 0

3 years ago

Suppose you have $100 of endowment, and you are offered a chance to buy a lottery which costs $36. The lottery has 43% of chance

Yuliya22 [10]

Answer:

96.02

Explanation:

Lottery's Expected utility = $\sqrt{100}$ = 10

Income in good state = 100 - 36 + G = 64 + G

Income in bad state = 100 - 36 = 64

Probability in good state = 43%

Probability in bad state = 100% - 43% = 57%

Expected utility = Probability in good state x $\sqrt{(64 + G )}$ + Probability in bad state x $\sqrt{64\\}$

10 = 43% x $\sqrt{(64 + G )}$ + 57% x 8

10 = 43% x $\sqrt{(64 + G )}$ + 4.56

10 - 4.56 = 43% x $\sqrt{(64 + G )}$

5.44 = = 43% x $\sqrt{(64 + G )}$

5.44 / 43% = $\sqrt{(64 + G )}$

12.65 = $\sqrt{(64 + G )}$

$12.65^{2}$ = $(\sqrt{(64 + G )})^{2}$

160.0225 = 64 + G

G = 160.0225 - 64

G = 96.0225

G = 96.02

6 0

2 years ago

William Corporation has a contract with the labor union which guarantees its workers pay for at least 40,000 hours every quarter

geniusboy [140]

Answer:please refer to the explanation section

Explanation:

direct labor hours = 39000 hours

Finished Goods = 13000 units

direct labour hours per unit = 3 hours

Direct Labor cost per hour = $12

Direct Labor Cost = 13000 units x 3 hours x $12 = $ 468000.

William corporation will pay $480000 (40000 x $12) as per the contract agreement with labour union but Direct Labor cost to be capitalized on Cost of Finished Goods is $ 468000. The cost of $ 12000 should be treated as an expense

3 0

3 years ago