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3 years ago

A debit balance in Overhead Control:

Business

1 answer:

Gre4nikov [31]3 years ago

5 0

Answer:

d. gives the total actual overhead costs at a given point in time.

Explanation:

The overhead control all those expenses which are not directly related to the product. It is indirectly related i.e indirect material, indirect labor, etc

The debit balance in overhead control account shows the actual amount of the overhead cost for the given period of time.

The debit side of the overhead is equal to the actual overhead cost.

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An increase in the amount of household wealth in an economy would ________ the average standard of living and would ________ the

Bezzdna [24]

Answer: raise; have little effect on is the correct option

Explanation:Wealth is understood as ownership of economic capital. It is viewed as a

dimension of people’s economic (or material) well-being, alongside income and

consumption. There are other concepts of capital that are important to people’s well-being

and complement the concept of economic capital, such as human capital, social capital

and collectively-held assets. However, while they may have considerable economic value to

the people that possess (or have access to) them, they are not material assets and liabilities

over which people can exercise ownership rights.

Information on household wealth is important at both the macro and micro levels.

Wealth is one of the key components of the economic system. It is a source of finance for

future consumption, for reducing vulnerability to shocks and to other unexpected

developments, and for undertaking business and other economic activities. At both the

macro and micro levels, household wealth statistics play a vital role in informing responses

to a wide range of policy and research questions. However, the perspectives and insights

provided at each level are also quite different. The primary focus

at the macro level is on the household sector’s wealth, its relation with the other sectors of

the economy, and its role within the broader economic system; conversely, the primary

focus at the micro level is on the wealth of individual households and its distribution

across different types of households.

8 0

4 years ago

1. Which resource management task determines the type, quantity, receiving location, and users of resources? A. Track and Report

Rasek [7]

Answer:

C. Identify Requirements

Explanation:

Individuals who are assigned the responsibility of resource management should first of all identify resource requirements.

Identification of requirements relates to the quantum of resources required, the place where they are required and the recipient of those resources.

Resource needs and requirements change from time to time as per the situation. Resource requirements mean the quantity and the kind of resources that would be required for completion of a project.

Thus, Identify Requirements determines the type, quantity, receiving location and the users of those resources.

8 0

3 years ago

When an investor's accounting period ends on a date that does not coincide with an interest receipt date for bonds held as an in

Serhud [2]

Answer:

make an adjusting entry to debit Interest Receivable and to credit Interest Revenue for the amount of interest accrued since the last interest receipt date.

Explanation:

Adjusting entries are used at the end of an accounting period to assign income and expenses that has accrued.

In this instance when the interest reciept day comes after accounting period we need to recognise the amount of interest earned so far.

The amount accrued since last interest payment date is calculated.

This amount has been earned so it should be recognised as revenue. To do this we debit interest receivable and credit interest revenue.

5 0

3 years ago

1. Job Searching in the Digital Age When preparing for employment, you must know yourself, know the job market, and know the emp

bazaltina [42]

Answer:

By asking self reflective questions like–

Would I like to work for someone else, or be my own boss?

Explanation:

By so doing, it allows you to know your strengths and can you make right job choices peculiar to you.

For example, a recent college graduate student John who is very skilled at art may examine himself to know if he prefers to open his own art collection or instead would want to work for an art collection company.

4 0

3 years ago

Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 220.00; Variable expense

dalvyx [7]

Answer:

The answer is d. 3911

Explanation:

First, we obtain the contribution margin, wih the formula Selling price per unit minus variable expense per unit. So, the contribution margin per unit is $220 - 97.5 = 122.5$ .

Next, knowing how much each unit contributes to cover the fixed costs, we can calculate how many units do we need to pay the fixed expenses. This is called "break even point" or BEP. The formula is Fixed Expenses / Contribution margin per unit. So, the BEP is $448,090 / 122.5 = 3,657.88$ .

With those two things, the final task is to calculate how many units we need, covered the fixed expenses, to achieve the company target profit. The formula is Target profit / Contribution margin per unit. So, the number of units is $31,000 / 122.5 = 253.06$ .

Finally, we add these two number, to obtain the total units needed to cover the fixed costs and achieve the target profit: $3,657.88 + 253.06 = 3,910.64 = 3,911$

7 0

3 years ago