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gogolik [260]
3 years ago
10

*LOOK AT THE PHOTO PLEASE* By law, people who file for bankruptcy

Business
1 answer:
myrzilka [38]3 years ago
8 0
A must get credit counseling before they file
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For the past 16 months, Susie has been paying $126.50 each month to her insurance company. After causing an accident last month,
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Should be a $225 increase for her annual premium.
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3 years ago
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Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own man
Ilya [14]

Answer: Please see explanation for answers.

Explanation.

SW=Snowmobile

Given:

SM ATV Combined SM ATV Combine

            Budget       |   Actual

Raw materials $19,990 $28,000 $47,990 $19,920 $29,320$49,240

Employee wages 10,900 21,000 31,900 11,210 21,740 32,950

Dept. manager salary 4,800 5,700 10,500 4,900 4,900 9,800

Supplies used 3,850 1,400 5,250 3,670 1,420 5,090

Depreciation- Equip. 6,500 13,000 19,500 6,500 13,000 19,500

Utilities 410 590 1,000 380 550 930

Rent 6,200 6,800 13,000 5,800 6,800 12,600

Totals $52,650 $76,490 $129,148 $52,380 $77,730 $130,110

A responsibility accounting performance report is a budget that makes comparison of actual and budgeted amounts under the controlled costs in a department .Here utilities and rent costs cannot be controlled so will not be included.

Responsibility accounting report for the snowmobile department.

Budgeted   Actual Over/Under Budget

Controlled costs

Raw materials  19,990  19,920   -70

Employee wages 10,900   11,210  310

Dept. manager salary4,800 4,900 100

Supplies used   3,850   3,670   -180

Depreciation- Equip.6,500  6,500  0

Total               46,040    $46,200  160

Calculations .

Over/Underbudget = Actual - Budgeted amount.

Raw materials  =19,920-19990=   -70

Employee wages 11,210-10,900=  310

Dept. manager salary4,900-4800=100

Supplies used   3,670-3850= -180

Depreciation- Equip.6,500 -6,500 =0

3 0
3 years ago
3. A politician makes the following argument: The economy would operate more efficiently if structural unemployment is completel
diamong [38]

Answer:

Agree with the statement.

Explanation:

Structural unemployment refers to the mismatch of the abilities of the workforce of the economy with the changing ability requirements demanded by the industries in the economy.

This mainly happens because of the new technological innovations and the obsolete education system in a country. One a new technology or a new innovation comes in, the knowledge and the experience possessed by the workers become obsolete.

To eliminate the structural unemployment, the education system, higher education system, professional education system and national employee training and development policies has to be changed and updated accordingly with the changing global market skills demand.

6 0
3 years ago
Current access control rosters should be authenticated by the manager or their designated representative. True False
LuckyWell [14K]

Answer:

TRUE

Explanation:

Current Access Control rosters should be authenticated, authorized and accounted for by the manager or their designated representative.

Bio-metrics, Electronic locks, and Smart cards are sensitive data-derivation technologies and since they are applied in a number of sectors - e.g. Telecommunications, Retail, Defense, Healthcare, Hospitality, and Information Technology - current access to devices and software applications should be authenticated by the manager or a designated representative of the manager.

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For example, the sticky-wage theory asserts that output prices adjust more quickly to changes in the price level than wages do,
djverab [1.8K]

Answer:

The firm's output prices will increase, because will the firm can quickly adjusts the prices of goods to the new price level of 110, it will not have to do so with wages, since wages are fixed by a year contract.

This will result in comparatively lower labor costs with higher prices at the same time, which will likely result in more economic and accounting profit for the firm.

The opposite effect will be felt by workers, whose wage is not keeping up with inflation, meaning that their income is losing purchasing power.

8 0
3 years ago
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