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3 years ago

What conclusion about state and local spending responsibilities can be drawn from the chart?

Business

2 answers:

Over [174]3 years ago

6 0

where is the chart? and what chart?

Vesnalui [34]3 years ago

5 0

Answer:

Here’s the chart I’m trying to figure out the answer too

Explanation:

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At an auction sale, the buyer is the party making the offer, or bid. <br> a. True <br> b. False

lesantik [10]

A. true the buyer is the party making the offer

8 0

3 years ago

Read 2 more answers

The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxe

tekilochka [14]

Answer:

Given that,

Salaries = $100,000

FICA taxes withheld = $7,650

Income taxes withheld = $18,000

Federal unemployment taxes = $450

State unemployment taxes = $2,100

Therefore,

Payroll Tax Expense:

= FICA taxes withheld + Federal unemployment taxes + State unemployment taxes

= $7,650 + $450 + $2,100

= $10,200

The journal entry is as follows:

Payroll Tax Expense A/c Dr. $10,200

To FICA taxes withheld $7,650

To Federal unemployment taxes $450

To State unemployment taxes $2,100

(To record accrual of employer’s payroll taxes)

6 0

3 years ago

Department S had no work in process at the beginning of the period. 13,934 units of direct materials were added during the perio

love history [14]

Answer:

Option (B) is correct.

Explanation:

Equivalent units of production(EUP) - Materials:

= Transferred out + Ending balance

= 10,451 units × 100% + 3,483 units × 100%

= 10,451 + 3,483

= 13,934

Equivalent units of production(EUP) - conversion:

= Transferred out + Ending balance

= 10,451 units × 100% + 3,483 units × 36%

= 10,451 + 1,253.88

= 11,704.88

Material cost = $\frac{Cost\ of\ direct\ material}{EUP\ material}\times units\ transferred\ out$

Material cost = $\frac{97,538}{13,934}\times 10,451$

= 73,157

Conversion cost = $\frac{Direct labor+overhead}{EUP\ conversion}\times units\ transferred\ out$

Conversion cost = $\frac{51,257+8,903}{11,705}\times 10,451$

Conversion cost = $\frac{60,160}{11,705}\times 10,451$

= 53,715

Therefore,

Total cost of units completed during the period(10,451 units):

= Material cost + Conversion cost

= 73,157 + 53,715

= 126,872

5 0

3 years ago

Good it management which is necessary for a great it plan should

Nadya [2.5K]

<span>Good IT management which is necessary for a great IT plan should advise management if technology being considered to solve a problem is not yet proven. Before an IT team decided to use a new type of </span>technology, it is important for them to make sure they have tested the technology and it has proven its capabilities. It is necessary for the technology to prove it can finish all of it's required tasks for the technology to be integrated into their system.

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3 years ago

Jones Corp. reported current assets of $196,000 and current liabilities of $138,500 on its most recent balance sheet. The curren

myrzilka [38]

Answer:

0.74

Explanation:

Jones corporation reported a current assets of $196,000

The current liabilities is $138,500

The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900

Therefore the quick ratio can be calculated as follows

= cash + account receivables

= $61,000 + $42,100

= $103,100

$103,100/$138,500

= 0.74

Hence the acid test(quick ) ratio is 0.74

4 0

3 years ago