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Aleksandr-060686 [28]
3 years ago
6

For most American households, the largest expenses in their budget will likely be... * Clothes, Entertainment, Food Food, Housin

g, Transportation Food, Insurance, Transportation Clothes, Food, Housing
Business
1 answer:
oee [108]3 years ago
4 0

Answer:

Food, Housing, and Transportation

Explanation:

Just like in many households in most countries the top expenses are always Food, Housing, and Transportation. This is because these three categories fall under necessities. Individuals need food to survive every single day. They also need a place to stay to protect themselves from the harsh conditions outside and to call home. Transportation may not be a huge expense for some, it still is one of the largest expenses for most American Households. People need to get to and from work on a daily basis as well as to other important locations such as schools, hospitals, grocery stores etc.

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Information for Basic Factory, Inc., as if December 31 follows:
gavmur [86]

Answer:

Basic Factor, Inc.

Cost of Goods Manufactured statement for the year ended December 31:

Opening Raw Materials Inventory = $88,000

Direct Materials = $180,000

Total cost of raw materials available = $268,000

Less Closing Raw Materials Inventory = $68,000

Cost of raw materials used in production = $200,000

Opening goods in process inventory = $25,000

Cost of raw materials used in production = $200,000

Direct Labour = $88,000

Factory Supplies = $9,500

Total Direct Cost = $322,500

Less closing goods in process inventory = $29,800

Prime Cost = $292,700

add Fixed Factory Cost:

Depreciation of Equipment = $27,000

Factory Rent = $20,000

Factory Utilities = $16,000

Factory Insurance = $17,000

Cost of Manufactured Goods = $372,700

Explanation:

Cost of manufactured goods is the managerial accounting term used to describe the total cost incurred in producing goods.  It includes not only the variable costs, but also the fixed costs of production.

A step-by-step method of preparing the statement of Cost of Manufactured Goods (COGM) yields the costs of raw materials available for production, the cost of raw materials used, the total direct cost, and the prime cost.

8 0
3 years ago
You are given the following information for a country: Participation rate is 75%, the unemployment rate is 10%, the employment r
mariarad [96]

Answer:

O The size of the labor force is 40 million

Explanation:

Given:

Participation rate is 75%

Unemployment rate is 10%

Employment rate is 67.5%

The number of employed is 27 million.

As the employment rate is 67.5% of the size of the labor force which means that  27 million people are employed, we can say that number of people are employed equals to 67.5 percent of the total size of the labor force and we can write it numerically as:

27 = size of the labor force \times 67.5%

27 =  size of the labor force\times\frac{67.5}{100}

27 = size of the labor force \times0.675

Dividing both side by 0.675

Size of the labor force = 40 million

Therefore, (O The size of the labor force is 40 million) option is correct.

4 0
3 years ago
Jane and Joe made two investments of $25,000 and $40,000 with different investors that yielded a combined rate of return of 10%
OLga [1]

Answer:

10.625%

Explanation:

The combined rate of return for two investments can be calculated using the below mentioned formula:

Combined interest=[(interest rate of first investment*first investment+interest rate of second investment*second investment)/(First investment+Second investment)]

In the given question

Combined interest=10%

Interest rate of first investment=9%

First investment=$25,000

Interest rate of second investment=?

Second investment=$40,000

10%=[(9%*25,000+Interest rate of second investment*$40,000)/(25,000+40,000)]

10%=(2250+Interest rate of second investment*$40,000)/65,000

10%*65,000=2250+Interest rate of second investment*$40,000

6500-2250=Interest rate of second investment*$40,000

4,250=Interest rate of second investment*$40,000

Interest rate of second investment=10.625%

5 0
3 years ago
David bought 48 for cars at a yard sale of the cards three eighths were baseball cards how many car
Tatiana [17]
First find 1/8. 48/8 is 6. Then multiply by 3 since there are 3/8. 3x6 is 18. 18 cards. Hope this helps!
5 0
3 years ago
steve has converted his garage into a separate living space and listed the property for short term rental on an online platform
mihalych1998 [28]

Answer:

is there more to the question?

6 0
2 years ago
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