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HACTEHA [7]
4 years ago
8

Which agency is responsible for approving states' special education plans and releasing idea funds accordingly?

Business
1 answer:
tatiyna4 years ago
7 0
The Office of Special Education and Rehabilitative Services is the agency responsible for approving a state's special education plan and releasing the IDEA funds accordingly.  These offices also help schools understand the services and responsibilities. These services help with those who have a learning disability or need specialized attention/help in school. 
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Who is the watchdog over spending of funds?
iren2701 [21]
The bank, which is pretty much the whole government if you think about it. 
6 0
3 years ago
The following two errors were made in the physical inventory counts: 1. 2012 ending inventory was overstated by $33,000. 2. 2013
timofeeve [1]

Answer:

2013: $490,000   2012: $561,000

Question:

Errors in inventory count the following information was taken from the record of Spencer Enterprises

                                                                    <u> 2013         </u>           <u>2012         </u>

Beginning Inventory                                    $63,000             $83,000

Cost of goods purchased                          <u> $548,000</u>           <u>$508,000</u>

Cost of goods available for sale                $611,000             $591,000

Ending inventory                                        <u> $93,000 </u>            <u>$63,000</u>

Cost of goods sold                                     <u> $518,000</u>           <u>$528,000</u>

The following two errors were made in the physical inventory counts:

1. 2012 ending inventory was overstated by $33,000

2. 2013 ending inventory was understated by $28,000.

Compute the correct cost of goods sold for both 2012 and 2013.

Explanation:

Computation of cost of goods sold for the year 2016 and 2015

Particulars                                                    <u>2013    </u>       <u>2012          </u>

Beginning inventory                                    $63,000   $83,000

Cost of goods purchased                            <u>$548,000</u>   <u>$508,000</u>

Cost of goods available for sale                    $611,000   $591,000

Ending inventory <em>(corrected)</em>                          <u> $121,000</u>   <u>$30,000</u>

Cost of goods sold <em>(corrected) </em>                       <u>$490,000</u>   <u>$561,000</u>.

<u>note:</u>

<em>In 2013 new ending inventory = $93,000 + $28,000 = $121,000</em>

<em>In 2012 new ending inventory = $63,000 - $33,000 = $30,000</em>

<em>Beginning inventory + Cost of goods purchased = Cost of goods available for sale</em>

<em>Cost of goods available for sale - Ending inventory = Cost of goods sold</em>

3 0
3 years ago
Jager Inc. holds 30% of the outstanding voting shares of Kinson Co. and appropriately applies the equity method of accounting. A
Kazeer [188]

Answer:

$ 13,750

Explanation:

Calculation to Determine the amount of Equity in Investee Income that Jager should have reported for 2018

First step is to calculate the intercompany unrealized gain

Remaining inventory — end of year $ 50,000

Gross profit percentage ($33,600 ÷ $96,000)x 35%

Profit within remaining inventory$ 17,500

Intercompany unrealized gain$ 5,250

(Ownership percentage 30%*$ 17,500=$5,250)

Now let calculate the amount of Equity in Investee Income that

Equity in investee income:

Equity income accrual $ 30,000

($100,000 x 30%)

Less Deferral of intercompany unrealized gain ($5,250)

Less Goodwill amortization ($ 11,000)

Equity in investee income$ 13,750

($30,000-$5,250-$11,000)

Therefore the amount of Equity in Investee Income that Jager should have reported for 2018 will be $ 13,750

3 0
3 years ago
You are planning your retirement in 10 years. You currently have $164,000 in a bond account and $604,000 in a stock account. You
DochEvi [55]

Answer:

$179,409.81

Explanation:

The computation of annual withdrawal is shown below:-

Future value of annuity = Annual investment in bond × FVA (10%, 7)

= $7,600 × 13.81645

= 105,005.00

Refer to the Future value of annuity table

Now Future value of the existing balance

= $164,000 × (1.07^10)

= $322,612.82

So, the total value of the bond investment in 10 years  is

= Future value of an annuity + Future value of the existing balance + value of the stock investment in 10 years

= $105,005 + $322,612.82 + $604,000 × (1.105^10)

=  $2,066,922.66

And, the PVIFA at 6.25% for 21 years is 11.52068

So, the annual withdrawal is

=  total value of the bond investment in 10 years  ÷  PVIFA at 6.25% for 21 years

= $2,066,922.66 ÷ 11.52068

= $179,409.81

5 0
3 years ago
The demand and marginal revenue for a perfectly competitive firm are______, whereas the demand and marginal revenue for monopoli
exis [7]

The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward

<h3>What is meant by marginal revenue?</h3>

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns. The increased total revenue produced by increasing product sales by one unit is known as marginal revenue and is a key topic in microeconomics.

An individual, group, or business that dominates and controls the market for a particular commodity or service is referred to as a monopolist. Due to the absence of substitute products or services and competition, the monopolist has the ability to command high prices. According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service.

Hence, The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward.

To learn more about marginal revenue refer to:

brainly.com/question/13444663

#SPJ4

8 0
2 years ago
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