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3 years ago

Which of the following is not a decision that you would probably encounter in managing your budget?

Business

1 answer:

vladimir1956 [14]3 years ago

5 0

Answer:

C. How will you allocate your estate among your heirs?

Explanation:

How will you allocate your estate among your heirs? is a question that is encountered in anticipation of dividing inheritance among dependents and not in budgets.

Budgets typically deal with issues of monthly or annual expenses being fully covered and where they are not, arrange for overdraft or loans. It also deals with how to avoid overspending and investing cash surpluses in the months or periods which they occur.

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The overhead costs in a highly automated factory are expected to increase at an annual compound rate of 10 percent for the next

Rzqust [24]

Answer:

The annual worth of the overhead costs for 7 year-period is

A = $389743.42.

Then the time value of the annual worth is discounted by 8%

∴ $389743.42 x 0.08 = $31179.47.

Explanation:

Using the formula

A = P(1 + r/n) ${nt}$

Where:

A = ?

t = 7

P = $200,000.00

r = 10%

n= 1

TVM =8%

∴ A = $200,000.00(1 + 0.10/1) ${1 * 7}$

A = $200,000.00(1.10) ${7}$

A = $200,000.00(1.9487171)

A = $389743.42

Then the time value of the annual worth is discounted by 8%

∴ $389743.42 x 0.08 = $31179.47

8 0

4 years ago

Read 2 more answers

A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable var

Reil [10]

Answer:

A. 1.111

B. The process is not capable

Explanation:

Part A

Capacity index help to determine the performance of a process and how it could perform in the future. A capacity index of above 1.33 means that the process is capable but a capacity index below 1.33 means that the process is not capable. The capacity index can be calculated using equation 1;

From the mean which is 0.5, it can be determined that the process is a centered process.

For centered process, the mean = 0.5 x (Upper s. - Lower S.) = 0.5 x 0,02 = 0.04

so the capacity index for centered mean will be used

$C_{p} =\frac{Upper Specification-Lower Specification}{6 * standard deviation}$ ................................................1

Given standard deviation = 0.003

upper specification = 0.05

lower specification = 0.03

$C_{p} =\frac{0.05- 0.03}{6 * 0.003}\\\\C_{p} = \frac{0.02}{0.018} \\\\C_{p} = 1.111$

Therefore the capacity index of the process is 1.111

Part B

The capacity index of the process is 1.111 and it is less than 1.33, this means that the process is not capable.

3 0

3 years ago

Required information

allsm [11]

Answer and Explanation:

The Journal entries are shown below:-

a. Accounts receivable Dr, $189,000

To service revenue $189,000

(Being service provided on the account is recorded)

Here we debited the accounts receivable as it increased the assets and we credited the service revenue as it increased the revenue

b. Cash Dr, $184,000

To Accounts receivable $184,000

(Being collection on accounts is recorded)

Here we debited the cash as it increased the assets and we credited accounts receivable as it decreased the assets

c. Bad debt expenses Dr, $6,180

To Allowance for uncollectible accounts $6,180

(Being estimated uncollectible accounts is recorded)

Here we debited the bad debt expenses as it increased the expense and we credited the allowance for uncollectible accounts as it decreased the asset

Working note

Uncollectible accounts = (Total account - Cash collected) × 20%

= ($25,900 + $189,000) - $184,000 × 20%

= $30,900 × 20%

= $6,180

d. Allowance for uncollectible accounts Dr, $7,900

To Accounts receivable $7,900

(Being write off of actual bad debt is recorded)

Here we debited the allowance for uncollectible accounts as it increase the allowance and we credited the accounts receivable as it decreased the asset

8 0

4 years ago

Charlie works for a moving company. He can easily tell the difference in weight between two small boxes but cannot detect any di

miskamm [114]

Answer:

Weber's law

Explanation:

Weber's law says that as a steady proportion of the initial stimulus, a-noticeable shift in a specified stimulus occurs. This can be extended to marketing by defining the point where the consumer ' notices ' a value change enough to change their way of thinking and acting.

Weber's Law simply suggested, states that a fixed proportion of initial stimulus cost is magnitude of the significant difference.

4 0

3 years ago

The inspection point is the ________.

Semenov [28]

Answer:

The inspection point is the stage of the production cycle where products are checked to determine whether they are acceptable or unacceptable units

Explanation:

3 0

3 years ago