Answer:
Nell's adjusted gross income is $48,000
Explanation:
The computation is shown below:
= Salary income + interest income - Business bad debt - net loss
where,
Net loss = - Non business short-term capital loss - Non business bad debt + Non business long-term capital gain
= - $3,000 - $6,000 + $4,000
= - $5,000
But the capital loss would be $3,000
So, the adjusted gross income would be
= $50,000 + $3,000 - $2,000 - $3,000
= $48,000
Answer:
C. $148,350
Explanation:
Actual Overhead $143,350
Less: Underapplied Overhead <u>$18,220</u>
Total Overhead applied $125,130
Actual Direct labor hours = 9700 hours
Overhead rate = Total Overhead applied / Actual Direct labor hours
Overhead rate = $125,130 / 9700 hours
Overhead rate = $12.90 per hour
Estimated Direct Labor hours = 11,500 hours
Estimated Manufacturing Overhead at the beginning = Estimated Direct Labor hours * Overhead rate
Estimated Manufacturing Overhead at the beginning = 11,500 hours * $12.90 per hour
Estimated Manufacturing Overhead at the beginning = $148,350
The system that compares actual results to a budget so that significant
deviations can be flagged and investigated further is called management by
exception
Management by exception is the type that helps the managers to focus on
the most important variances while ignoring unimportant changes between
the budget and actual results.
This is commonly used in budgets preparation to ensure that the important
factors which may affect project completion are taken into consideration to
prevent shortages.
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Answer:
Transactional leadership style
Explanation:
Transactional leadership style is where the leader is focused on the overall goals of the company and getting things done instead of building a more long term social relationship. The leader is focused on a more professional relationship which benefits all the involved parties in such a way that is limited to the company only.
Answer: A. less; higher
Compared to money market accounts, CDs are less liquid and have higher interest rates.
Explanation:
Certificates of deposit (CDs) refer to a saving certificate issued by a federally chartered bank which has a fixed interest rate and fixed date of withdrawal (the maturity date). There exists restriction in accessing the funds until the maturity date of the investment. The maturity rates vary from 30 days to six months or more and the amount of the face value also vary greatly. Certificates of deposit (CDs) are less liquid and have higher interest rates. Interest rates are the amount charged by a lender to a borrower for using his or her assets.