Answer: $14594
Explanation:
The budgeted selling expense for the manager for the month ended June 30 will be calculated thus:
The unit sales for June will be:
= [700 × (1 + 3%)]
= 700 × (1 + 0.03)
= 700 × 1.03
= 721 units
Commission will be:
= 2% × (721 × 700)
= $10,094
Therefore, the selling expenses to be reported will be:
= $10,094 + $4500
= $14594
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Answer:
True
Explanation:
Reserve are the amount kept aside to replace the existing building or component over a period of time due to wear and tear. It is also know as reserve for replacement in real estate industry, it is considered as asset for the project. Replacement reserve does not include funds which are require for repairing and maintenance. Fund can be reserved by calculating cost of each item and equipment divided by its useful life in years.
The money that is actively circulating is specifically identified as CASH. It is a part of the money supply.
Basic money supply are all the cash held by the public either on hand or in their transaction accounts like savings or checking accounts. These are all money because they have the ability to purchase goods and services aside from cash exchanges.
Answer: D) employees require additional training
Explanation: Overtime can be defined as the rate of pay, usually higher, for work done by employees or workers outside of or in addition to regular working hours. While employees who work overtime hours are motivated by the extra income to be had, there are some disadvantages that comes with it some of which include numerous mental, physical, and social effects such as stress, lack of free time, poor work-life balance, and health risks. They may require extra energy to perform at a normal rate and consciously or not, may pace themselves to ensure overtime. In time they may also become accustomed to the extra income thereby elevating their standard of living, however, it is unlikely that employees would require additional training in order to work or because they are working overtime.
