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Papessa [141]
3 years ago
13

A state whose fiscal year ends June 30, 2019, had the following transactions and events. For each item, compute how much total e

xpenditures the state will report in the General Fund Statement of revenues, expenditures, and changes in fund balance for the year ended June 30, 2019. 1. During the year, the state paid salaries of $3,600,000. Its employees also earned $150,000 during the period June 23 to June 30, but the payroll for that period will be paid on July 12.
Business
1 answer:
inn [45]3 years ago
4 0

Answer:

$3,750,000

Explanation:

The total amount of expense = current salaries +accrued salaries

The total amount of expense = $3,600,000+ $150,000

The total amount of expense= $3,750,000

The salaries are those expenses that are paid from the current financial resources. If the salaries are not being paid in the current year due to any reason it will be an accrued expense to the company and has to be paid in next year.

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All of the following are among the activities a project manager should undertake to develop a highly effective team EXCEPT: ​ a.
ki77a [65]

Answer:

The correct answer is the option B: assess sponsor capability.

Explanation:

To begin with, the project managers must take care of every step necessary in order to obtain the best results as possible that the team is looking for, therefore that in order to do that task, the project manager must undertake the activities of assess the individual and team capability of the project and due to the fact that certain standards must been followed then obviously there is the need of establishing a team ground rules (team charter). In the other side, the project manager can assess the capability of the sponsor but if the company can not change of sponsor then there is nothing that he can do, therefore that that activity is not completely necessary.

6 0
3 years ago
Read 2 more answers
How do many corporations most likely manage the health and safety of their employees and the workplace?
Sveta_85 [38]

Safety is an important aspect in any business. Many corporations employ the following measures in the working places to enhance the safety of the safety of the workers.

  1. The corporations provide the appropriate working tools and equipment to ensure that the workforce does not strain to complete their tasks at the expense of their health.
  2. They provide medical and heath insurance cover so that in case of any accident they the consequent expenses are taken care of.
  3. The corporation educate their workers so that they verse them with the relevant safety measures for the work they do. for example, workers are taught fire fighting skills.
  4. First aid and clinical services are readily available in some corporations so that injuries are attended to soonest possible.
3 0
3 years ago
You would like to retire in 30 years. The expected rate of inflation is 2% per year. You currently have a standard of living tha
Zepler [3.9K]

Answer:

You would need $14,382.21 to maintain your purchasing power.

Explanation:

Giving the following information:

You would like to retire in 30 years. The expected rate of inflation is 2% per year. You currently have a standard of living that requires $7940 of monthly expenses.

<u>The inflation rate has the same intrinsic behavior as an investment with a compounded interest rate.</u>

<u></u>

We need to use the following formula:

FV= PV*(1+i)^n

FV= 7,940*(1.02^30)

FV= $14,382.21

You would need $14,382.21 to maintain your purchasing power.

3 0
3 years ago
Weirick, Inc., manufactures and sells two products: Product T8 and Product P4. The company has an activity-based costing system
gtnhenbr [62]

Answer:

$634,443

Explanation:

The computation of total overhead applied to Product P4 under activity-based costing is shown below:-

                                                                               

Activity        Expected               Expected           Activity  

                         costs                 Activity                Rate    

                         a                         b                      c =  a ÷ b

Labor related $145,000     6,000 DLHs         24.17 per DLHs

Production

orders           $68,360        1,400 orders     48.83 Per orders

Order size   $1,069,190      5,800 MHs       184.34 per MHs

                         Product P4

Activity driver            Overhead

Incurred                   Assigned

    d                                 e = c × d

2,000                              $48,340

300                                 $14,649

3,100                               $571,454

Total overhead cost       $634,443

3 0
3 years ago
Standards are set by a.manufacturing engineers. b.accountants. c.other management personnel. d.All of these choices are correct
andrew11 [14]

Answer: d.All of these choices are correct.

Explanation: all of the listed options all make use of standar, manufacturing engineer, accountant, and other management personnel make use of standards to estimate the acceptable production efficiency. Standards are also set by this personnel’s to motivate employees so as to achieve efficient operations and use of man power.

8 0
3 years ago
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