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2 years ago

The accompanying list describes the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment.

Business

1 answer:

Crazy boy [7]2 years ago

8 0

Answer:

Mollie and Jeanette

Explanation:

Natural unemployment, or the natural rate of unemployment, is the minimum unemployment rate resulting from real, or voluntary, economic forces. Natural unemployment reflects the number of people that are unemployed due to the structure of the labor force such as those replaced by technology or those who lack certain skills to gain employment.

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On December 31, 2017, Jerome Company has an accounts receivable balance of $316,000 before any year-end adjustments.

katovenus [111]

Answer:

The Allowance for Uncollectible Accounts at December 31, 2017 is $10,430

Explanation:

In order to calculate the Allowance for Uncollectible Accounts at December 31, 2017 we would have to make the following calculation:

Allowance for Uncollectible Accounts at December 31, 2017=Estimated Allowance 1-30 days+Estimated Allowance 31-60 days+Estimated Allowance 61-90 days+Estimated Allowance over 90 days

Estimated Allowance 1-30 days=Balance*% Uncollectible

Estimated Allowance 1-30 days=$152,000*1%=$1,520

Estimated Allowance 31-60 days=$87,000*2%=$1,740

Estimated Allowance 61-90 days=$50,000*3%=$1,500

Estimated Allowance over 90 days=$27,000*21%=$5,670

Allowance for Uncollectible Accounts at December 31, 2017=$1,520+$1,740+$1,500+$5,670

Allowance for Uncollectible Accounts at December 31, 2017=$10,430

5 0

2 years ago

Hardy Inc. has two operating departments (1 and 2) and is considering renting a new machine to help automate the printing proces

gayaneshka [121]

Answer:

$6,900

Explanation:

When you use the incremental cost allocation method, you must rank cost activities and how they will be allocated. In this case, department 2 is the primary user, and therefore, rental costs must be allocated first to them. Rental costs will be allocated at a $25/hour rate.

Since department 1 is the next user, 100 hours will be allocated using the same rate as department 2, but the next 200 hours will be allocated at the lower $22/hour rate. Total rental cost allocation to department 1 = (100 x $25) + (200 x $22) = $2,500 + $4,400 = $6,900

5 0

3 years ago

This type of cover letter style does a side by side comparison of an employer’s requirements and an applicant’s experience: a. P

Vsevolod [243]

It is B just took the test

6 0

3 years ago

Read 2 more answers

A local finance company quotes an interest rate of 17 percent on one-year loans. So, if you borrow $34,000, the interest for the

Serga [27]

Answer:

Company quotes an interest rate 17 percent on one-year loans.

Explanation:

Borrow value=$34000

interest rate of company in one year=17 percent

Total interest in a year =$34000× $\frac{17}{100}$

total interest=$5780

Total payment in one year=$34000+$5780

Total payment=$39780

You will pay $39780/12 or $3315.00/month according to company statement.

6 0

2 years ago

During the current year, the Jules Company incurred the following product costs:Direct materials used in production $250,000Dire

ICE Princess25 [194]

Answer:

Option (D) is correct.

Explanation:

Given that,

Direct materials used in production = $250,000

Direct labor = $185,000

Manufacturing overhead = $245,500

Beginning Work in Process Inventory = $20,000

Ending Work in Process Inventory = $30,000

Cost of finished goods manufactured for the year:

= Direct materials used in production + Direct labor + Manufacturing overhead + Beginning Work in Process Inventory

= $250,000 + $185,000 + $245,500 + $20,000 - $30,000

= $670,500

5 0

3 years ago