1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pav-90 [236]
2 years ago
13

Andre eams $4000 a month at his new job. In order to track his spending and saving, he created a monthly budget. Andre divided h

is income into five categories and created the following circle graph to resent the budget he created for himself. Use this circle graph to answer the following questions Monthly Budget Other, 22% Rent 33% Savings 25% utilities 8% Groceries 12%, How much more money does Andre budget for savings than for groceries and utilities? How much more money does Andre budget for savings than for groceries and utilities? write your answer as a dollar amount.​
Business
1 answer:
Akimi4 [234]2 years ago
7 0

Answer:

Total income: $4,000

Other (22%) = $4,000 * 0.22 = $880

Rent (33%) = $4,000 * 0.33 = $1,320

Savings (25%) = $4,000 * 0.25 = $1,000

Utilities (8%) = $4,000 * 0.08 = $320

Groceries (12%) = $4,000 * 0.12 = $480

How much more money does Andre budget for savings than for groceries and utilities?

As seen above, Andre spends $800 in groceries and utilities ($320 + $480), and he sets aside $1,000 for saving, so he budgets $200 more for this purpose.

You might be interested in
It is July 16. A company has a portfolio of stocks worth $100 million. The beta of the portfolio is 1.2. The company would like
Anuta_ua [19.1K]

Answer:

A. The company should take Short position and

140 contract

B. The company should take Long position and 60 contract

B.

Explanation:

Calculation for what position that the company should take

Using this formula

Company position=(Beta of the portfolio*Change in beta of the portfolio) *Portfolio of stocks /Index futures price* Each Contract index times

Let plug in the formula

Company position =(1.2-0.5)*$100 million/2,000*250

Company position=0.7*$100 million/500,000

Company position=$70,000,000/500,000

Company position=140 contract

Therefore the position that the company should take will be SHORT position with 140 contract

B. Calculation for the increase in beta of the portfolio from 1.2 to 1.5 and what position tthr company should take in the futures contract and how many contracts

Using this formula

Company position=Increase in beta of the portfolio *Portfolio of stocks /Index futures price* Each Contract index times

Let plug in the formula

Company position =(1.5-1.2)*$100 million/2,000*250

Company position=0.3*$100 million/500,000

Company position=$30,000,000/500,000

Company position=60 contract

Therefore the company should take Long position and 60 contract

4 0
3 years ago
At the beginning of 2018, the balance in Jackson Enterprises' Allowance for Uncollectible Accounts was $31,800. During 2018, the
Colt1911 [192]

Answer:

The answer is: Credit record to Accounts Receivable account

Explanation:

The Accounts Receivable account is an asset, usually it should be a current asset since it should be collected within a one year period. When assets increase, a debit record should be made. But in this case, the asset is decreasing since bad debts reduce the Accounts Receivable account. When an asset decreases, a credit record should be made.

6 0
3 years ago
Comparing the life of a company president or ceo with a dishwasher or taxi driver shows us glaring examples of ______.
Ksenya-84 [330]

Comparing the life of a company president or ceo with a dishwasher or taxi driver shows us glaring examples of social inequality.

<h3>What exactly is socioeconomic inequality?</h3>

Social inequality is defined as a scenario in which certain citizens of a country, a region, a section of the world, or both, are disparately or disadvantaged from others who are unfairly privileged. Logically speaking, it is the polar opposite of social equality.

Modern civilizations struggle with social inequality, which is a result of the uneven development of different parts of the world and the imposition of particular ideologies or human value judgments on some people over others. In fact, social inequality is the root of discrimination, which is the practice of treating individuals who are weaker than others in terms of their morals, social standing, or economic standing differently.

To know more about social inequality visit:

brainly.com/question/27164458

#SPJ4

5 0
1 year ago
Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made fro
il63 [147K]

<u>Answer:</u>

<u>Determine the plantwide overhead rate for Laval using direct labor hours as a base. </u>  

1. Estimated overhead costs  $800,000  $1.60  per direct labor hour

Estimated direct labor hours  500,000  

2. <u>Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. </u>

Direct Labor - Assembly  $188,500

Direct Labor - Fabricating  395,200

Direct materials  270,000

Overhead  34,720

Total manufacturing costs  888,420

Units produced  22000

Manufacturing cost per unit  40.38

3.  <u>Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. </u>

                    Departmental overhead rate  

Fabricating  390000/152000 = 2.57  MH

Assembly  410000/290000 = 1.41  DLH  

4.  <u>Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.   </u>  

Direct materials                                                         270000  

Direct labor    

Fabricating                                   188500  

Assembly                                   395200  

                                                                                 583700

                                                                                       0

Overhead    

Fabricating (15000*2.57)               38550  

Assembly (15200*1.41)                        21432  

                                                                                       59982

                                                                                            0

Total manufacturing cost                                                  913682

Units produced                                                                    22000

Manufacturing cost per unit                                                41.53  per unit

8 0
3 years ago
When applying the characteristics of business buyer behavior, which event is not an example?
Anarel [89]

I'm on the same question right now. I wanna say C, <em>Black & Decker sells its power tools directly to consumers on the Internet.</em>

The question asks about business buyer behavior which is pretty much businesses buying and selling to eachother. Lowe's is involved with Whirlpool brand items, Kroger is involved with purchasing items from other businesses/suppliers, and Kellogg is selling their product to other grocery stores (businesses).

Black & Decker isn't involved with any other businesses.

Anyways, I'd say C :)

EDIT: it is C, 100%. Just finished

5 0
3 years ago
Read 2 more answers
Other questions:
  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.
    8·1 answer
  • __________ indicate such things as when to touch and​ where, when to smile and when to​ frown, and whether loud talking and expa
    13·1 answer
  • Which of the following is NOT considered a key characteristic of a core capability: a. It is based on factors that are rare or u
    7·1 answer
  • It is unlawful in the state of florida for __________ to operate a motor vehicle without a safety belt.
    12·1 answer
  • Suppose that you invest $ 1,000 today at an annual rate of 8%. Assuming that the expected annual rate of inflation is 3%, what w
    6·1 answer
  • Select all that apply. Select all the items that describe advertising.
    9·2 answers
  • Helen, age 17. wanted to buy a Harley-Davidson "Sportster" motorcycle. She did not have the funds to pay cash butpersuaded the d
    9·1 answer
  • Which of the following is still primarily a bricks-and-mortar industry?
    5·1 answer
  • 1. Bankruptcy law is primarily state law. a. True b. False 2. The government is given the power to establish bankruptcy laws in
    14·1 answer
  • In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five y
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!