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LiRa [457]
2 years ago
14

A common rule is that housing expenses plus other debt payments should not be more than 36% of your monthly income your monthly

income is $4,321 per month how much can you spend on housing
Business
1 answer:
timurjin [86]2 years ago
7 0
If your income per month is $4,321 and you aren't able to spend more than 36% of your monthly income on housing... to solve:

($4,321)(0.36) = $1,555.56
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Classify the following items as Direct materials, Selling and administrative expense, Factory overhead, or Direct labor. a. Rent
xxTIMURxx [149]

Answer:  

  1. a. <u>Rent expense on factory building</u> = Factory overhead, because it is the factory building.
  2. <u> b. Sales supplies used</u> = Selling and administrative expense.
  3. <u>c. Factory supplies used</u> = Factory overhead.
  4. <u>d. Indirect materials used</u> = Factory overhead.
  5. <u>e. Wages of assembly line personnel</u> = Direct Labor.
  6. <u>f. Cost of primary material used to make product</u> = Direct Materials.
  7. <u>g. Depreciation on office equipment</u> = Selling and administrative expense.
  8. <u>h. Rent on office facilities</u> = Selling and administrative expense.
  9. <u>i. Insurance expired on factory equipment</u> = Factory overhead.
  10. <u> j. Utilities incurred in the office</u> = Selling and administrative expense.
  11. <u>Advertising expense</u> = Selling and administrative expense.

4 0
3 years ago
Suppose that there is only one provider of a service in a state. Because this provider experiences economies of scale, the gover
Radda [10]

Answer:

The correct answer is A

Explanation:

Monopoly is the market structure in which there is a single seller of the product and service. And the seller enjoys the freedom and does not have any competition in the market.

So, this is the case of a monopoly market structure as there is only single seller in the state. And the government regulate the monopolies so that could protect the interest of customers and adopt the policies such as merger regulations, competition in market and breaking down the monopoly.

Therefore, the government could control the prices by price capping, in which the government set the limit on the prices of the service. And in the case of monopolies have the power set the prices above the equilibrium level. Hence, it is required to regulate the price.

3 0
3 years ago
The life span of a record that follows a set of phases from creation to final disposition is called the ___________.
polet [3.4K]

Answer:

The correct answer is: records and information life cycle.

Explanation:

The records and information life-cycle management is a practice that implies a set of steps to store and dispose of information. The approach comprehends the creation of the piece of information, processing, distribution, organization, storage, and eventual disposition.

3 0
3 years ago
A useful approach for understanding a client's business environment and associated business risks is to perform a PESTLE analysi
DedPeter [7]

Answer:

Business ricks factors for Poultry industry using PESTEL:

Political : Government imposes ban on hormone injections and artificial feeds.

Economic: Demand is high but supply is insufficient causing rise in prices.

Social: People taste changes and they are switched to beef.

Technological: Genetic manufacturing of eggs incurs high cost.

Environmental: Poultry industry creates smell pollution which can affect nearby societies.

Legal: Contract issues and termination of contract can cause industry failure.

Explanation:

PESTEL analysis is widely used in the business to identify the associated risks with the operations. In the pestel analysis all factors are analyzed in detail. Political, economic, social, technological, environmental and legal factors are analyzed in detail and risks associated with these factors are identified to improve business strategies.

8 0
3 years ago
Journal Entry
Contact [7]

Answer:

Explanation:

unearned rent         6000 (debit)

    Rent revenue.                       6000 (credit)

to record 2 months of realized rent revenue

4 0
2 years ago
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