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BabaBlast [244]
3 years ago
6

QUESTION 6 of 10: Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If h

er monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire?
Business
1 answer:
PtichkaEL [24]3 years ago
8 0

Answer:

21 security workers

Explanation:

Calculation for how many security workers that was hire

First step is to calculate the amount earned by each employee

Amount earned=80 hours x $14

Amount earned=$1,120

Last step is to calculate how many security workers that was hire

Using this formula

Numbers of Security hired=Security workers labor cost /Amount earned

Let plug in the formula

Numbers of Security hired=$23,520/$1,120

Numbers of Security hired=21 security workers

Therefore the numbers of Security workers that was hired will be 21

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Nike received a $300,000 prepayment from Cactus Jack for the sale of new equipment. Nike will bill Cactus Jack an additional $10
serious [3.7K]

Answer:

E. None of these answer choices are correct.

Explanation:

Upon receipt of the advance payment from Cactus Jack, Nike should debit its Cash Account and credit Deferred Revenue by $300,000.  When the equipment is delivered to Jack and the additional $100,000 is received, the Deferred Revenue account is debited with $300,000 while the Sales Revenue is credited with $400,000 with additional debit to the Cash Account of $100,000.

5 0
3 years ago
A Safety Data Sheet (SDS) is available in the workplace to:_________
solong [7]

Answer:

c) Provide detailed hazard and safety information about a controlled product

Explanation:

A safety data sheet is a sheet having listed all the information which involves in chemical handling, its hazards and storage management. It has physical, environmental and health related hazards and how it can be stored and managed and used.

All other options are wrong as SDS does not assist purchasing of chemicals and does not decide workplace policy. Therefore option a and b are wrong.

5 0
3 years ago
Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcom
Marina86 [1]

Answer:

29.71 per machine-hour

Explanation:

Buker corporation has an estimated machine hours of 74,000

The estimated variable manufacturing overhead is 7.67 per-machine hour

The estimated total fixed manufacturing overhead is $1,630,960

The first step is to calculate the estimated overhead cost

= (74,000×7.67) + $1,630,960

= 567,580 + $1,630,960

= $2,198,540

Therefore, the predetermined overhead rate can be calculated as follows

Predetermined Overhead rate= Estimated manufacturing overhead cost/Estimated machine hours allocated

= $2,198,540/74,000

= 29.71 per machine-hour

Hence predetermined overhead rate for the recently completed year was closest to 29.71 per machine-hour

6 0
3 years ago
Does the fact that an Investment Adviser is registered in a state mean that the Investment Adviser is qualified?
dimulka [17.4K]

Answer:

No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients.

Explanation:

Investment adviser are licensed professionals who are saddled with the responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.

A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.

However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.

Hence, No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients according to the Uniform Securities Act.

The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.

7 0
3 years ago
Sheridan sells softball equipment. On November 14, they shipped $3080 worth of softball uniforms to Palos Middle School, terms 2
aniked [119]

Amount will be recognized as net accounts receivable on the balance sheet as of November 30-- $2730

Explanation:

First of all, the order received from Tinley High School has not been delivered  by the end of November ,hence the value of the order is irrelevant for the purpose of calculating net accounts receivable at the end of November.

However, out of the goods of $3080 sold to Palos Middle School,$350 worth has been returned as defective,leaving a balance of $2730       ($3080-$350).

For Palos to be entitled to the discount of 2% they should have made payment by 24th November,which never happened,as a result the accounts receivable stay at $2730.

What Is Net Receivables?

Net receivables are the total money owed to a company by its customers minus the money owed that will likely never be paid. Net receivables are often expressed as a percentage, and a higher percentage indicates a business has a greater ability to collect from its customers.

How do you calculate net accounts receivable?

You calculate net receivables by subtracting allowance for doubtful accounts from accounts receivable (A/R) on the balance sheet. The formula is A/R – allowance = net receivables.

Learn more about balance sheet :

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#SPJ4

6 0
2 years ago
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