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3 years ago

True or False: Wages in the auto manufacturing industry would be greater than those in the aircraft manufacturing industry.

Business

1 answer:

miss Akunina [59]3 years ago

3 0

Answer:

The statement is: False.

Explanation:

Wages in one industry or another will depend on the labor demand and the specialization required for the job. Auto manufacturing technician job positions are demanded in higher quantities than aircraft manufacturing mechanics. The reason is that aircraft traffic is not even close to the automobile traffic level. Thus, as more auto technicians are requested, their wages tend to be lower. Besides, as fewer aircraft technicians are requested, their wages tend to be higher.

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Differential cost $(1.00) Cool Systems manufactures an optical switch that it uses in its final product. The switch has the foll

Flura [38]

Answer:

Cool System should choose to Make the switch.

Explanation:

Outsourcing analysis which considers only the relevant variable cost per unit can be prepared as follows:

Details Make ($) Outsource ($) Difference ($)

A B C = A - B

Direct materials 5.00 5.00

Direct labor 3.00 3.00

Variable overhead 6.00 6.00

Outsourcing price 15.00 –15.00

Total differential  14.00   15.00   –1.00 

The analysis above shows that the total differential per unit is minus $1 which indicates that outsourcing is $1 per unit more expensive than make. Therefore, Cool System should choose to Make the switch.

7 0

3 years ago

Young investors are often more interested in ______ investments than are older investors

likoan [24]

The correct answer is - Growth Oriented Investments.

The young investors are basically more interested in increasing their capital by frequent investments, thus they follow growth oriented investment.

Investment

Where young investors are more interested in growth oriented investments, on the other hand, the older investors are more interested in conservative form of investments
It is said that those who can take risks and want to grow their capital, usually invest in growth oriented investment, whereas those who want to take the minimum risk and want to invest in less risky options, they are called conservatives.
For example, the young investors go for equity investment whereas older investors prefer fixed deposits.

To learn more about investment, visit - brainly.com/question/15105766

#SPJ4

6 0

1 year ago

On december 31 2019 the ledger of lopez company contained the following account balances:Cash $31,500 Maria Lopez, Drawing $12,0

irga5000 [103]

Answer:

A. Dec 31, 2019

Dr Fees Income 46,250

Dr Income Summary 46,250

B. Dec 31, 2019

Dr Income Summary 25,500

Cr Depreciation Expense 2,000

Cr Salaries Expense 15,500

Cr Supplies Expense 2,250

Cr Telephone Expense 1,850

Cr Utilities Expense 3,900

C. Dec 31, 2019

Dr Income Summary 21,250

Cr Maria Lopez, Capital 21,250

D. Dec 31, 2019

Maria Lopez, Capital 12,000

Maria Lopez, Drawing 12,000

Explanation:

A. Preparation of the closing entry for revenue.

Dec 31, 2019

Dr Fees Income 46,250

Dr Income Summary 46,250

(To close revenue accounts)

B. Preparation of the closing entry for expenses.

Dec 31, 2019

Dr Income Summary 25,500

(2,000+15,500+2,250+1,850+3,900)

Cr Depreciation Expense 2,000

Cr Salaries Expense 15,500

Cr Supplies Expense 2,250

Cr Telephone Expense 1,850

Cr Utilities Expense 3,900

(To close expense accounts)

C. Preparation of the closing entry for balance of income summary

Dec 31, 2019

Dr Income Summary 21,250

(46,750-25,500)

Cr Maria Lopez, Capital 21,250

(To close balance of income summary)

D.Preparation of the closing entry for the drawing account

Dec 31, 2019

Maria Lopez, Capital 12,000

Maria Lopez, Drawing 12,000

(To close drawing account)

4 0

3 years ago

The use of the Certified Public Accountant title is regulated by Group of answer choices the American Institute of Certified Pub

igomit [66]

To be able to use the Certified Public Accountant title, you need to be regulated by the American Institute of Certified Public Accountants.

<h3>Duties of the American Institute of Certified Public Accountants. </h3>

Issue the CPA designation in the United States.

Act as the representative body for certified accountants in the U.S.A

The AICPA is therefore very important in the United States and for one to be recognized as a proper accountant, they need to be AICPA approved and regulated.

In conclusion, option A is correct.

Find out more on the AICPA at brainly.com/question/5041945.

6 0

3 years ago

What is the proper name for prospective financial statements that present, to the best of the responsible party's knowledge and

Natali5045456 [20]

Answer:

The correct answer is "Financial forecast"

Explanation:

Financial forecast: "Prospective financial statements that present, to the best of the responsible party's knowledge and belief, a company’s expected financial position, results of operations, and cash flows".

7 0

3 years ago