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seropon [69]
3 years ago
12

Employees at Rayon Enterprises earn one day a month of vacation compensation (twelve days total each year). Vacation compensatio

n is paid at an hourly rate of $45, based on an eight-hour work day. Rayon’s first pay period is January. It is now April 30, how much vacation liability has accumulated if the company has four employees and no vacation compensation has been paid?
Business
1 answer:
MaRussiya [10]3 years ago
7 0

Answer: $5760

Explanation:

The accumulated vacation liability is calculated below:

Number of employees = 4

Number of months = 4 Months

Vaccation is based on = 8 hours

Per hour rate = $45

Accumulated Vacation liability will now be:

= 4 × 4 × 8 × $45

= $5,760

Therefore, the amount if vacation liability that has accumulated will be $5,760

You might be interested in
Exercise 9-5 Sandhill Co. purchased a new machine on October 1, 2017, at a cost of $80,010. The company estimated that the machi
Dovator [93]

Answer:

2017 = $2,598 and 2018 = $10,390

Explanation:

The computation of the depreciation expense for the second year is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($80,010 - $7,280) ÷ (7 years)

= ($72,730) ÷ (7 years)  

= $10,390

In this method, the depreciation is same for all the remaining useful life

For 2017, the depreciation expense would be

= $10,390 × 3 months ÷ 12 months

= $2,598

The three months is calculated from the October 1, 2017, to December 31, 2017

And, in 2018 it would be $10,390

4 0
3 years ago
Why is the zero-based budget the most effective type of budget?.
sasho [114]

The zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.

<h3>What is a zero-based budget?</h3>

A zero-based budget means a method of budgeting where all the expenses must be explained for each new period.

The zero-based budget is very important because its process ensure that that is a justification for all operating expenses and areas that company are generating revenue.

In conclusion, the zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.

Read more about zero-based budget

<em>brainly.com/question/24950624</em>

6 0
2 years ago
Solution Enterprises incurred $828,000 of fixed overhead during the period. During that same period, the company applied $845,00
Wewaii [24]

Answer:

Budgeted fixed overhead= $787,000

Explanation:

Budget variance = Actual overhead-budgeted overhead

-41000 = 828000-X

X = 787000

So answer is $787000

5 0
3 years ago
You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increa
Andrews [41]

Answer:

54.55%

Explanation:

The purchasing price is $55

Price has increased to $85.

The monetary increase = $85 - $55 = $30

As a percentage , the increase will be

=$30/$55 x 100

=0.545454 x 100

=54.5454%

=54.55%

3 0
3 years ago
Is scented candle harmful to dogs?
MArishka [77]

Answer:

Scented candles are not harmful to dogs for normal use, but high concentrations in a confined space for a long time would have an impact on the dog's sense of smell.

Because the candles you use will cause a lot of burnt smoke which is harmful to dogs. And aromatherapy ingredients contain a lot of chemical substances. If the windows are opened, it will be ok, if not the more chemical substances accumulate, the more it will be harmful to dogs, or even to the health of people.

Here are several ways to avoid the harm caused by aromatherapy to dogs:

Do not ignite the two types of aromatherapy in a short time or at the same time, to avoid the two types of aromatherapy, which are mutually ineffective and produce toxic gas.

Try not to light candles in a closed bedroom when you sleep.

Keep air circulation.

Keep all kinds of aromatherapy out of reach of dogs.

Use Home Lights scented candles in the right way.

Explanation:

https://hlcandles.com/

4 0
3 years ago
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