All categories

2 years ago

Can someone please read this and tell me if it sounds good so far, thanks!

Business

1 answer:

antiseptic1488 [7]2 years ago

5 0

Answer:

I think It sounds great! just make sure to check for punctuation and any run-on sentences :)

Explanation:

You might be interested in

Pat used to work as an aerobics instructor at the local gym earning $35,000 a year. Pat quit that job and started working as a p

Svetlanka [38]

Answer:

B. $34,000; -$1,000

Explanation:

Accounting profit equals total revenue minus explicit costs. Here,

$50,000 - $12,000 - $1,000 - $3,000 = $34,000.

Economic profit equals total revenue minus the sum of both explicit and implicit costs. Here,

$50,000 - $12,000 - $1,000 - $3,000 - $35,000 = -$1,000

4 0

3 years ago

Mike has an insurance policy that pays 90% of the replacement cost of personal property damaged in a fire. A fire destroyed a st

podryga [215]

Answer:

Explanation:

Mike insurance company will pay = 0.9 of 400 = $ 360

7 0

3 years ago

Read 2 more answers

Do you believe self-regulatory practices are sufficient without governmental regulation to protect consumers? If not, what type

kaheart [24]

Self-regulatory practice is like serving Lion 50gms of meat after 10 days without any protection.It will go for a kill and Government intervention is highly required. Buying consumer goods,land and property, corporation and technology and locomotive.It is for working class, middle class , lower middle class.

Explanation:

Self-regulatory is related to one human mind taking decision.
In psychology it was always proven each human behavior.
Is to dominate the other human irrelevant of there kindness.
Business run by single owner mostly dont pay suppliers, employees well.
If government steps in policies could be balanced for all the people.
Government works on decision by multiple people.It does not...
Single mind taking a decision.Consumers are cheated most of the time.
Regulators body taking steps to curb the owners of business.
Example Ray kroc shuck hands with real owners of MC donalds that....
He would give royalty on a yearly basis but there was no paper work.
Of Government just a handshake they never got Royalty.

6 0

3 years ago

QS 6-6 Petty cash accounting LO P2 1. Brooks Agency set up a petty cash fund for $150. At the end of the current period, the fun

noname [10]

Answer and Explanation:

The journal entries are as follows:

1. Petty cash A/c Dr $150

To Cash A/c $150

(Being the establishment of petty cash is recorded)

Entertainment expenses A/c Dr $70

Postage expense A/c Dr $30

Printing A/c Dr $22

To Petty cash A/c $122

(Being the reimbursement of petty cash fund is recorded)

3 0

3 years ago

Longview Hospital performs blood tests in its laboratory. The following standards have been set for each blood test performed:

Julli [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard:

Direct materials 2.0 plates $2.75 per plate

Direct labor 0.2 hours $15.00 per hour

Variable manufacturing overhead 0.2 hours $7.00 per hour

Actual:

1,500 blood tests.

3,600 plates were purchased for $9,540

3,200 plates were used for blood tests

340 actual direct labor-hours were worked for $5,550

1)The materials price variance:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.75 - 2.65)*3,600= $360 favorable

2) The materials quantity variance:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*1,500 - 3,200)*2.75

Direct material quantity variance= $550 unfavorable

3) The labor rate variance:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (15 - 16.32)*340= $448.8 unfavorable

4) The labor efficiency variance:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1,500*0.2 - 340)*15

Direct labor time (efficiency) variance= $600 unfavorable

5) The variable overhead efficiency variance:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,500*0.2 - 340)*7

Variable overhead efficiency variance= $280 unfavorable

8 0

3 years ago