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3 years ago

The Porters’ food, clothing, and medical expenses are not fixed expenses. Explain what type of expense they are, and why.

Business

1 answer:

galina1969 [7]3 years ago

4 0

Answer:

They are not fixed, because they can change depending on the living situation.

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Youve got your budget, credit history and savings in order. Whats the nest step

Ksenya-84 [330]

Try to find a mortgage to buy a house

8 0

3 years ago

As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the

svet-max [94.6K]

Answer:

Descriptive Statistics

Explanation:

Descriptive Statistics is a technique in which data is collected and then analysis is made on the selected data through numerical techniques or graphs. In the given question the students have selected stocks and are analyzing its performance through graphical and numerical technique. This is descriptive statistics.

6 0

3 years ago

g Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding

FromTheMoon [43]

Answer:

Total equivalent unit of material = 140,000 units

Explanation:

Equivalent units are used to apportion cost between completed units and work in progress. They represent notional whole units which represent incomplete work.

Under the first in first method , to account for completed units during a production period the opening inventory units are assumed to completed first before newly the newly introduced units.

So we can work out the equivalents units as follows:

Fully worked units :These represent units started this period of production and completed in the same period. This is given as 110,000 units

Equivalent units (EU)

Item unit Workings EU

Opening inventory 25,000 0% × 25,000 = 0

Fully worked 110,000 100% × 110,000 = 110,000

Closing inventory 30,000 100%× 30,000 = 30,000

Total equivalent unit of material 140,000

Note that for the opening inventory already 100% material work has been done the preceding period , so there wont be any work left to be done in respect of materials.

5 0

3 years ago

Jimenez Enterprises is incorporated in Arkansas. It generated a $5,000,000 profit on its overseas operations this year. Jimenez

anygoal [31]

Answer:

Consider the following explanation

Explanation:

Foreign tax credit allowable is the minimum of Federal Income Tax and Income tax paid in foreign country. Here, Jimenez had paid 40% (2,000,000/5,000,000) income tax in foreign country. So. Jimenez will only be eligible to take foreign tax credit of 1,050,000 i.e. 5,000,000 * 21% and there will be carryover of $950,000 (2,000,000 - 1,050,000) foreign taxes.

There is carryover tax when we cannot use the whole amount of foreign tax credit in the current year and the balance foreign tax is carried over to future years.

3 0

3 years ago

When union representatives negotiate with employers for better wages and working conditions, they are involved in __________?

kifflom [539]

They are in a labor union

3 0

3 years ago