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3 years ago

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Please list five words to describe your dominant culture. Please list five words to describe a culture with which you are not a

member, have little or no contact, or have limited knowledge.
Can someone give me a example on how to answer this?

1 answer:

Karolina [17]3 years ago

6 0

Dominant culture: male, white, middle-class, English speaking, heterosexual

Not a member of: Chinese, transgender, poverty, etc.

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Production Budget Pasadena Candle Inc. projected sales of 800,000 candles for January. The estimated January 1 inventory is 35,0

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Answer and Explanation:

The preparation of the production budget is presented below:

Projected sales units 800,000 candles

Add: Desired ending inventory, Dec 31 20,000 units

Total units available 820,000 units

Less: Estimated beginning inventory,Jan 1 -35,000 units

Total units to be produced 785,000 units

We simply applied the below formula i.e

= Sales units + ending inventory units - beginning inventory units

By applying this formula we can get the Total units to be produced in January month

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3 years ago

An employee earns $28 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 55 h

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Answer: Gross pay- $1750.00

Net pay - $1,215.75

Explanation: Gross pay = Nomal time =$28*40= $1,120. Overtime = $28*1.5*15= $630 Total= $1,750

Net pay = $1,750 less Security tax, Medicare tax, federal income tax withheld.

$1750* 6.0%= $105

$1750* 1.5% = $26.25

Tax withheld= $403

Net pay= $1,750-$105-$26.25-$403

= $1,215.75

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3 years ago

Selected transactions for Thyme Advertising Company, Inc. are listed here. Describe the effect of each transaction on assets, li

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Answer:

Explanation:

1. Issued common stock to investors in exchange for cash received from inventors - Increase in assets (cash) and an increase in equity (Capital)

2. Paid monthly rent - The decrease in equity and decrease in assets (cash)

3. Received cash from customers when service was rendered - Increase in assets (cash) and an increase in equity

4. Billed customers for services performed - Increase in assets (Accounts Receivable) and an increase in equity

5. Paid dividend to stockholders - The decrease in equity and decrease in assets (cash)

6.Incurred advertising expense on account - Decrease in equity and an increase in liability (Accounts Payable)

7.Received cash from customers billed in - Increase in the asset (cash) and decrease in the asset (Accounts Receivable)

8.Purchased additional equipment for cash - Increase in the asset (Equipment) and decrease in an asset (cash)

9.Purchased equipment on account - Increase in the asset (equipment) and an increase in liabilities (Accounts payable)

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3 years ago

Group Working age population Discouraged workers Employed Unemployed # in Millions 215 5 138 According to the table, the labor f

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Answer:

A decrease in labor force participation rate

Explanation:

The workers which are discouraged can opt out of the labor market since there is no incentive for them work anymore. The workers choosing to go out of the labor market will decrease the overall labor force participation rate. The unemployment rate can also be affected but the main effect would be on labor force participation rate

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3 years ago

8. Hayward Industries manufactures dining chairs and tables. The following information is available: Dining ChairsTablesTotal Co

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Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Dining Chairs - Tables - Total cost

Machine setups: 200 - 600 - $48,000

Inspections: 250 - 470 - $72,000

Labor hours: 2,600 - 2,400

A) A single overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (48,000 + 72,000) / (2,600 + 2,400)= $24 per direct labor hour

Now, we can allocate overhead based on direct labor hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Dining Chairs:

Allocated MOH= 24*2,600= $62,400

Tables:

Allocated MOH= 24*2,400= $57,600

B) We have to calculate an overhead rate for each activity cost pool.

<u>Overhead rate:</u>

Machine setups:

Estimated manufacturing overhead rate= 48,000/800= $60 per machine hour set up

Inspections:

Estimated manufacturing overhead rate= 72,000/ 720= $100 per inspection

Based on the overhead rate, we can allocate overhead to each product.

Dining chairs:

Allocated MOH= 60* 200 + 100*250= $37,000

Tables:

Allocated MOH= 60*600 + 100*470= $83,000

C) We can conclude that activity cost allocation is more accurate than using a single rate plant-wide. We can allocate costs more efficiently.

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3 years ago