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vodka [1.7K]
3 years ago
6

Whats the connect between running a business and being responsible with your own finances.

Business
2 answers:
nordsb [41]3 years ago
5 0
I agree with the first one cause money is very important u have to use it wisely but you also wanna take it into your own matters it something were to go wrong
sdas [7]3 years ago
3 0
You need a balance of both
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Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materia
Leya [2.2K]

Answer:

cost of goods manufactured= $788,400

Explanation:

Giving the following information:

Cost of direct materials used in production $280,000

Direct labor 324,000

Factory overhead 188,900

Work in process inventory, April 1 72,300

Work in process inventory, April 30 76,800

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 72,300 + 280,000 + 324,000 + 188,900 - 76,800

cost of goods manufactured= $788,400

6 0
3 years ago
The projected benefit obligation was $460 million at the beginning of the year. Service cost for the year was $25 million. At th
juin [17]

Answer:

The question is not complete:

Here is the complete question:

The projected benefit obligation was $460 million at the beginning of the year. Service cost for the year was $25 million. At the end of the year, pension benefits paid by the trustee were $21 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuaries discount rate was 5%. The actual return on plan assets was $24 million although it was expected to be only $23 million.

What was the pension expense for the year?

Here is the answer: The pension expense is $25 million.

Explanation:

Pension is the form of defined benefit contribution plan which require employers to make certain periodic contribution on behalf of employees. This contribution is reported as an expense in the income statement if even though the benefit has not been enjoyed by the employees. To determine the value of this expenses to be included in the income statement, the components of the pension expenses are relevant.

Components of pension expense are service cost, interest cost, return on plan asset, amortization of prior service costs and gain or loss from change in asset value.

Here is the determination of the pension expense as required by the question.

                                                                            $`M

Service cost                                                          25

Interest ($460,000,000*5%)                               23

Expected return on plan asset                           (23)

Amortization of prior service costs                       -

Gain or loss in change in value                           <u> -</u>

Pension expense                                                <u> 25</u>

4 0
3 years ago
Smith has applied overhead of $73,000 and actual overhead of $87,600 for the month of November. It applies overhead based on dir
Rudik [331]
The answer to the question how many direct labor hours were estimated for the year is letter B which is 180,000.

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
8 0
3 years ago
The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not bala
shepuryov [24]

The period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS was during:

  • <u>D. Economic recessions.</u>

According to the given question, we are asked to show the period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS.

As a result, we can see that Keynes, one of the fathers of economics stated that it was <em>important</em> for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.

Therefore, the correct answer is option D

Read more about Keynesian Economics here:

brainly.com/question/14223529

4 0
2 years ago
What is the maximum locked-rotor
joja [24]

Answer:

because the health quarter 2 module 1 nation during adolescence deped department of education

7 0
3 years ago
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