1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Softa [21]
3 years ago
12

How does a 12 year old get a lot of money

Business
2 answers:
lora16 [44]3 years ago
6 0

Answer:

babysitting, walking dogs, mowing lawns, shoveling snow,

Explanation:

cupoosta [38]3 years ago
5 0

Answer:

Explanation:

1)) babysitting

2)) small bussiness

3)) pet sitting

4)) yard work

5)) house sitting

6)) household work

7)) odd jobs

GL!

You might be interested in
Inventories Raw materials $ 42,000 $ 32,000 Work in process 9,100 18,300 Finished goods 57,000 34,300 Activities and information
Svetach [21]

Answer:

a. Computation of the following amounts for the month of May using T-accounts:

1. Cost of direct materials used = $176,000

2. Cost of direct labor used = $77,000

3. Cost of goods manufactured = $286,150

4. Cost of goods sold = $308,850

5. Gross profit = $691,150

6. Overapplied or underapplied overhead = $89,650 (underapplied)

b. Journal Entries:

Debit Raw materials $172,000

Credit Cash $172,000

To record the purchase of raw materials for cash.

Debit Factory payroll $100,000

Credit Cash $100,000

To record the payroll paid in cash.

Debit Factory overhead:

 Indirect materials $6,000

 Indirect labor $23,000

 Other overhead costs 103,000

Credit Raw materials $6,000

Credit Factory payroll $23,000

Credit Cash $103,000

To record indirect materials, labor and other costs.

Debit Work in process $42,350

Credit Factory overhead $42,350

To apply overhead based on direct labor cost 55%.

Debit Cash $1,000,000

Credit Sales Revenue $1,000,000

To record the sale of goods for cash.

Explanation:

a) Data and Calculations:

Inventories:

Raw materials $ 42,000 $ 32,000

Work in process 9,100 18,300

Finished goods 57,000 34,300

Activities for May:

Raw materials purchases (paid with cash) 172,000

Factory payroll (paid with cash) 100,000

Factory overhead:

Indirect materials 6,000

Indirect labor 23,000

Other overhead costs 103,000

Sales (received in cash) 1,000,000

Predetermined overhead rate based on direct labor cost 55%

T-accounts:

Raw materials

Beginning balance $ 42,000

Cash                         172,000

Manufacturing overhead                6,000

Work in process                          176,000

Ending balance                         $ 32,000

Work in process

Beginning balance    9,100

Raw materials       176,000

Payroll                     77,000

Overhead applied 42,350

Finished goods                          286,150

Ending balance                            18,300

Finished goods

Beginning balance 57,000

Work in process   286,150

Cost of goods sold                   308,850

Ending balance                           34,300

Manufacturing overhead

Indirect materials             6,000

Indirect labor                 23,000

Other overhead costs 103,000

Work in process                            42,350

Underapplied overhead               89,650

Sales revenue    $1,000,000

Cost of goods sold 308,850

Gross profit            $691,150

Analysis of Transactions:

Raw materials $172,000 Cash $172,000

Factory payroll $100,000 Cash $100,000

Factory overhead:

Indirect materials $6,000 Raw materials $6,000

Indirect labor $23,000 Factory payroll $23,000

Other overhead costs 103,000 Cash $103,000

Work in process $42,350 Factory overhead $42,350

Predetermined overhead rate based on direct labor cost 55%

Cash $1,000,000 Sales Revenue $1,000,000

5 0
3 years ago
When an employee's performance is so poor that a written warning is required, the warning should ________.
kifflom [539]

Answer:

A

Explanation:

Written warnings should identify the employee's standards, make it clear that the employee was aware of the standard, specify any deficiencies relative to the standard, and show the employee had an opportunity to correct his or her performance.

7 0
3 years ago
Inflexible or unreliable processes cause organizations to produce goods before they are required; this is called: A. excess moti
alexandr1967 [171]

According to business operation and standards, inflexible or unreliable processes cause organizations to produce goods before required; this is called "<u>Overproduction</u>."

<h3>What is Overproduction?</h3>

Overproduction is a term used to describe a situation in which a business firm produces or supplies an excess quantity of products that is way more than the quantity demanded in the market.

<u>Overproduction</u> of products usually leads to lower prices and sometimes unemployment of labor.

Hence, in this case, it is concluded that the correct answer is option C. "Overproduction."

Learn more about Overproduction here: brainly.com/question/8900736

6 0
2 years ago
When the money market is drawn with the value of money on the vertical axis, an increase in the money supply shifts the money su
Triss [41]

When the money market is drawn with the value of money on the vertical axis, an increase in the money supply shifts the money supply curve to the

right, raising the price level.

What does money market mean?

The money market refers to trading in very short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.

What is the features of money market?

It is market purely for short-term funds or financial assets called near money. It deals with financial assets having a maturity period up to one year only. It deals with only those assets which can be converted into cash readily without loss and with minimum transaction cost

What Is Price Level?

Price level is the average of current prices across the entire spectrum of goods and services produced in an economy. In more general terms, price level refers to the price or cost of a good, service, or security in the economy.

Learn more about price level:

brainly.com/question/10490541

#SPJ4

4 0
2 years ago
Monopoly in the competitive environment a. is enjoyed by few organizations as sole suppliers of a good or service. b. is typical
fiasKO [112]

Answer:

b

Explanation:

and services.

An example of a monopoly is a utility company

A natural monopoly occurs due to the high start-up costs or a large economies of scale.

Natural monopolies are usually the only company providing a service in a particular region  

Because the demand curve for a monopoly is downward sloping, marginal revenue is less than price. As prices fall, more units of the product are bought.

In a monopoly When the average cost is falling, the marginal cost lies below the average cost. If the government sets price to be equal to marginal cost, which lies below the average cost, the monopoly would incur losses.

4 0
3 years ago
Other questions:
  • Mamma's Diner was a small restaurant that was a popular hangout for many Bedford College students, but because of the owner's in
    14·1 answer
  • Mackenzie resolves to start exercising three times a week when her membership at a local gym begins, in two weeks. in which stag
    6·1 answer
  • People who want to obtain (blank)
    10·1 answer
  • On January 1, 2021, Farmer Fabrication issued stock options for 100,000 shares to a division manager. The options have an estima
    11·1 answer
  • 1. In the study of communication, noise is best defined as _
    15·2 answers
  • C&amp;A sells T-shirts for $20 that cost $5 to produce. The annual holding cost percentage is 10% and the T-shirts turn 25 times
    15·1 answer
  • Badger Corporation declared a stock distribution to all shareholders of record on March 25 of this year. Shareholders will recei
    8·1 answer
  • Where are you from im from georgia but live in kentucky
    5·2 answers
  • Consider This) Susie purchased a nonrefundable ticket to a soccer match for $20. It will cost her $10 worth of gas and wear and
    8·1 answer
  • Beth has been searching for the right sunscreen lotion for her skin type. She tries a few brands, but none of them suit her sens
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!