The value of public savings is 55
Public savings is government revenue less government spending. Government revenue source is usually taxes. Government spending includes transfer payments and amounts expended on public projects.
Public savings = taxes - transfer savings
78 - 23 = 55
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Based on accounting operation analysis, the 3 cases where one can use the "<em>Add<u> </u>funds to this deposit<u>"</u></em> grid in a Bank deposit in QBO include "<u>When a company doesn't need to record sales details."</u>
The other cases where one can use the "<em>Add funds to this deposit</em>" grid in a Bank deposit in QBO include the following:
- When an employee reimburses the company
- When you receive a tax refund from the IRS
<h3>
What is QBO?</h3>
QBO is the acronym for QuickBooks Online Accounting Software. Business firms use it to monitor expenses, coordinate cash flow & establish invoices.
Hence, in this case, it is concluded that QuickBooks Online is a vital tool to possess by any business firm.
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Budgeted direct materials quantity
4000 pounds
Actual direct materials quantity
4500 pounds
Direct materials quantity variance
4500-4000=500 pounds ( underapplied)
Answer:
0.7589
Explanation:
P(34000<=x<=38000)
P(34000-50000 / 12000) <= z <= 38000-50000 / 12000)
P( -16000/12000) <= z <= -12000/12000)
P(z<=-1.33)- p( z<=-1.00)
=0.9176 - 0.1587 (using standard normal table)
=0.7589
