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-Dominant- [34]
3 years ago
12

Webster Corporation's monthly projected general and administrative expenses include $5,600 administrative salaries, $3,000 of ot

her cash administrative expenses, $1,650 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $16,000. Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.
Business
1 answer:
SCORPION-xisa [38]3 years ago
4 0

Answer:Total general and administrative expenses budget per month  =$10,250

Explanation:

Total general and administrative expenses are  the compulsory costs to ensure that a company's day to day  operations is  maintained  whether or not the company is making profit.

General and administrative expenses includes Rent, Utility bills,  insurance  wages and benefits, depreciation of office furnitures, Office supplies and  are regarded as  operating expenses and therefore  interest paid on a bank loan is not an operating expenses but a  financing activities and will not be considered as an administrative expense.

Administrative expenses= administrative Salaries+Other cash administrative expenses+Depreciation

=$5,600+$3,000+$1,650

=$10,250

​

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Susan recently quit working for a local firm and has yet to find a new job. She knows she can maintain her health insurance from
PtichkaEL [24]

Answer:

Susan will have to pay $525 for her health insurance.

Explanation:

The total amount paid to the health insurance is $200 by Susan and $325 by the employer which summed up to $525.

As now the employer is no longer paying the amount for the health insurance, so now Susan has to pay $525 herself for the health insurance.

7 0
3 years ago
The Millennials or Gen Ys, along with their younger counterparts, the iGeneration, are "digital natives" who grew up in technolo
choli [55]

Answer:

Generational Cohort

Explanation:

Generational Cohort is the theory, that suggest or states that the several or multiple generations were distinguished grounded on the particular time periods into which the people or an individual were born and the time periods they grew up.

In short, it is defined as the groups of people who were born during a particular time or at the same time. So, the digital natives who grew up in the environment which is technology enriched are known as the generational cohorts.

7 0
3 years ago
Monica wants to sell her share of an investment to Barney for $80,000 in 5 years. If money is worth 6% compounded semiannually,
Fittoniya [83]
Answer: $59,780.65

Explanation:

To find out what she would accept today, we need to apply the present value formula which is= V.P(1+i)^-n

So, $80,000(1+6%)^-5= $59,780.65
7 0
3 years ago
3(q-5)=2(q÷5)<br><img src="https://tex.z-dn.net/?f=3%28q%20-%205%29%20%3D%202%28q%20%20%5Cdiv%205%29" id="TexFormula1" title="3(
Black_prince [1.1K]

the answer to the question is 75 over 13


5 0
3 years ago
A company uses a process cost accounting system. Its Sewing Department's beginning inventory consisted of 50,000 units (1/4 comp
Mandarinka [93]

Answer:

B Direct Materials 210,000; Conversion Cost 180,000

Explanation:

beginning inventory 50,000

start and finished   120,000

Complete and trasnferred-out 170,000

Convesion Cost:

Coplete and transferred-out     170,000

Ending Inventory 40,000 x 1/4 = 10,000

CC equivalent units                  180,000

DIrect Materials

Coplete and transferred-out         170,000

Ending Inventory 40,000x100%  = 40,000

DM equivalent units                       210,000

<u>Under W-A method we justdiscriminate on transferred-out and ending work in process.</u>

We don't do the difference between started and finished and beginning inventory.

8 0
3 years ago
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