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3 years ago

Which of the following will probably earn a higher level income?

2 answers:

7 0

In my opinion D. a female accountant with a masters degree in business administration, will earn a higher level of income. Explanation- if she has a masters then they may accept her in jobs other people are not able to get without a masters, they may also pay her higher because of it.

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iren [92.7K]3 years ago

4 0

A female accountant with a masters degree in business administration would earn a higher level of income due to the qualifications and skills she has.

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Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser

stealth61 [152]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Toot! TiX Total

Users 17,900 24,100 42,000

Administrative costs $ 1,848,000

We need to allocate administrative costs to each product. First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,848,000/42,000

Predetermined manufacturing overhead rate= $44 per user

Now, we allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Toot!= 44*17,900= 787,600

TiX= 44*24,100= 1,060,400

Finally, the gross profit for each service:

Toot!:

Revenue= 2,200,000

Engineering cost= (1,096,250)

Administrative cost= (787,600)

Profit= $316,150

TiX:

Revenues= 2,400,000

Engineering cost= (1,213,750)

Administrative cost= (1,060,400)

Profit= $125,850

5 0

3 years ago

Identify the examples of good internal control designed to protect over-the-counter cash receipts. (Check all that apply.)

zlopas [31]

Answer:

A- A. The clerk and the cashier have access to cash, but not to the accounting records

3 0

3 years ago

George works in the accounting department at the Green Goddess Lawn Services, where it is his job to record all transactions int

Sedbober [7]

Answer:

The correct answer is post the information to the ledger.

Explanation:

In accounting, the general ledger is a document where all the transactions of corporations are recorded in chronological order. Each account must have a different book, which must be affected each time the accounts are involved in this process. These records make it possible to know the movements in a more detailed way, since unlike the journal in this case, only a single group of accounts is known and not the whole.

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3 years ago

What is a trade union?

kotegsom [21]

A trade union (typically called labour union) is a group of workers who work together to protect their rights.

8 0

3 years ago

Read 2 more answers

Billings Company produces two products, Product Reno and Product Tahoe. Each product goes through its own assembly and finishing

Zarrin [17]

Answer:

Optimal mix

Reno = 615 units

Tahoe = 0 units

Explanation:

Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource

Product Cont/unit painting hr /unit cont/hr Ranking

Reno $120 4 30 Ist

Tahoe $78 3 26 2nd

The company should use all of its limited 2,460 painting hours to produce the two products as follows:

Reno

= 2460/4

= 615 units of Reno

This is so as long as Billings Company can produce and sell as many units of Reno as it can produce.

Optimal mix

Reno = 615 units

Tahoe = 0 units

4 0

4 years ago