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3 years ago

5

When Social Security was first instituted by President Franklin Roosevelt in 1935, the payroll tax rate on wages used to fund th

e program was

1 answer:

MrRa [10]3 years ago

3 0

Answer: Social security retirement program .

Explanation:

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Shelby Boat Wash's cost formula for its cleaning equipment and supplies is $2,940 per month plus $35 per boat. For the month of

Vilka [71]

Answer:

$1,540

Explanation:

Calculation for the activity variance for cleaning equipment and supplies in September

First step is to calculate for theFlexible budget

Using this formula

Flexible budget =[Cleaning equipment and supplies +(Amount per boat ×Actual level of activity)

Let plug in the formula

Flexible budget =[$2,940 + ($35 × 29)]

Flexible budget =$2,940+$1,105

Flexible budget =$3,955

Second step is to calculate for the Planning budget using this is formula

Planning budget =[Cleaning equipment and supplies +(Amount per boat ×Planned activity ]

Let plug in the formula

Planning budget= [$2,940 + ($35 × 73)]

Planning budget=$2,940+$2,555

Planning budget=$5,495

Now let calculate for the activity variance

Using this formula

Activity variance=Flexible budget-Planning budget

Let plug in the formula

Activity variance=$3,955-$5,495

Activity variance=$1,540 Favorable

Therefore the Activity variance for cleaning equipment and supplies in September is closest to:$1,540 Favourable reason been that the flexible budget is lesser than the planning budget

5 0

4 years ago

On January 1, year 8 Harper Co. finances the purchase of equipment by issuing a $15,000 non-interest-bearing note payable. The n

ioda

Answer: $11583

Explanation:

The amount that Harper Co. should report the equipment on its balance sheet dated December 31, year 8 will be calculated thus:

= Amount of annual instalment × PV of ordinary annuity of $1 at 5% for 10 periods

= (15000/10) × 7.72173

= 1500 × 7.72173

= 11582.595

= 11583

Therefore, the amount will be $11583

7 0

3 years ago

Supporters of rent control say that it _____ the price of renting an apartment. raises lowers does not change

denis23 [38]

Answer:

The answer is lowers.

Explanation:

Supporters of rent control say that it <u>LOWERS</u> the price of renting an apartment.

Rent control is an administration program that puts a limit on the sum that a landowner can charge for renting a home or for renewing lease

Rent control laws are typically established by regions and the subtleties differ broadly. All are planned to continue living costs reasonable for lower-salary occupants.

Rent control laws mostly limit the amount a landlord can increase rents on existing tenants. Therefore Rent control is controversial. In fact, 37 states have laws that forbid local governments from enacting such measures.

6 0

3 years ago

nternational trade can have big effects on domestic markets. For both an import good and an export good (in other words, address

belka [17]

Answer:

International business is a affects the domestic economy in many ways.

Explanation:

The impacts of international trade can vary from the supply and demand of a particular good or product and their impact on the domestic market functioning. The price changes in the market affect the wages received by the workers as trade opens new foreign markets.

The supply of the products is depended on the demands of the consumers which may be affected by the government policies, and many socio-cultural aspects.

International trade leads to the increase of the value of the products and thus increases in the demands and the competitiveness of the market, for this, the government provides a subsidy to the domestic infant industries to protect them from getting removed for the competition.

Due to the competition, the firms try to sell their product at a lower or higher cost thereby increasing the quantity demanded by the customer. Thus the equilibrium of the price and quantity demanded changes.

3 0

3 years ago

LSM subcontracted with Henry Isaacs Home Remodeling and Repair (Isaacs) to perform the roofing work on the project. Isaacs in tu

ycow [4]

Answer:

1. true

2. true

3. false

4. true

5. false

6 0

3 years ago