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3 years ago

What is a safe deposit box? What financial records are best kept in one?

2 answers:

7 0

A safe deposit box is a private, secure storage area at a location such as a bank. Documents such as adoption or birth records, wills, and marriage or divorce records, stock certificates, Social Security cards, and passports may be kept in them.

emmasim [6.3K]3 years ago

7 0

Answer: The safe deposit boxes for rent are a service generally offered by the banking entities where not only money can be stored in cash, but also other goods, such as jewelry and documentation, being completely confidential what is stored in them.

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Use the cost information below for Sundar Company to determine the total manufacturing costs added during the current year:

astra-53 [7]

Answer:

cost of goods manufactured= $98,000

Explanation:

Giving the following information:

Direct materials used $19,000

Direct labor used 24,500

Factory overhead 55,100

Beginning work in process inventory 10,700

Ending work in process inventory 11,300

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 10,700 + 19,000 + 24,500 + 55,100 -11,300

cost of goods manufactured= $98,000

7 0

2 years ago

What is one financial goal that you have? How do larger economic factors influence your pursuit of this goal?

MA_775_DIABLO [31]

If u want to succeed in live you have to but effort into what you are doing like your job and ur carreer

8 0

3 years ago

Why is there a difference between interest charged and interest earned? A)Banks are non-profit institutions.B)Banks are profit-m

skelet666 [1.2K]

The correct answer is choice b.

Banks are profit-making institutions. Their purpose is to make a profit for their owners or stockholders. They need to charge more interest on the money that they loan out than what they pay on savings accounts so that there is a profit for them.

5 0

3 years ago

The manufacturing overhead budget at Cutchin Corporation is based on budgeted direct labor-hours. The direct labor budget indica

Setler [38]

Answer:

$59,080

Explanation:

The calculation of September cash disbursements is shown below:-

September cash disbursement = Company's budgeted fixed manufacturing overhead - Depreciation + Variable manufacturing overhead

= $43,120 - $3,640 + $7.00 × 2,800

= $43,120 - $3,640 + $19,600

= $62,720 - $3,640

= $59,080

Therefore for computing the September cash disbursement we simply applied the above formula.

4 0

3 years ago

What would be one duty of a network administrator

Sophie [7]

Answer: monkey

Explanation:

7 0

3 years ago

Read 2 more answers