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2 years ago

Which living expense needs to be included in the budget of someone renting an apartment?.

Business

1 answer:

scoundrel [369]2 years ago

6 0

Answer:

insurance

Explanation:

a living expense that should be included in the budget when someone is going to rent an apartment should be the insurance

hope this helps

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A benefit of earning an hourly wage instead of a salary is

Ilya [14]

You get pad by the hour but may make more <span />

8 0

3 years ago

Read 2 more answers

RST Company incurred $126,000 in material costs during July. Additionally, the 12,000 units in the Work-in-Process Inventory on

-BARSIC- [3]

Answer:

$ 13.17

Explanation:

Data provided :

Material cost in the beginning = $ 126,000

Additional material cost = $ 32,000

thus,

the total material cost = $ 126,000 + $ 32,000 = $ 158,000

Units in the work in progress = 12,000 units

Therefore, the material cost per unit for July = (Total material cost) / (Units being produced)

on substituting the values in the above relation, we get

he material cost per unit for July = ( $ 158,000 ) / ( 12,000 units )

= $ 13.1667 ≈ $ 13.17

6 0

3 years ago

term fixed price contract to build an office tower for $10,000,000. In the first year of the contract Tullis incurs $3,000,000

almond37 [142]

Answer: $750,000

Explanation:

Given that,

Fixed price contract = $10,000,000

Cost incurred in the first year = $3,000,000

Remaining costs to complete = $5,000,000

Tullis billed = $4,000,000 in year 1

Collected by the end of the year = $3,500,000

Percentage of work completed = $\frac{Expenditures\ Incurred\ from\ Inception\ to\ Date}{Total\ Estimated\ Costs\ for\ the\ Contract}$

= $\frac{3}{8} \times 100percent$

= 37.5%

Revenue recognized = 37.5% of $10,000,000

= $3,750,000

Income recognized = Revenue recognized - Cost incurred in the first year

= $3,750,000 - $3,000,000

= $750,000

8 0

3 years ago

Why is advertising the most important function of marketing?

Drupady [299]

Advertising keeps consumers informed about new products in the market at their disposal.

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3 years ago

Milano Gallery purchases the copyright on an oil painting for $300,000 on January 1, 2017. The copyright legally protects its ow

murzikaleks [220]

Answer and Explanation:

According to the situation, the solution of journal entries are as follows

1. Copyright Dr $300,000

To Cash $300,000

(being the purchase of copyright is recorded)

Here, we debited the copyright as it increased the assets and credited the cash as it decreased the assets

2. Amortization expense Dr ($300,000 ÷ 12 years) $25,000

To Accumulated amortization $25,000

(being the annual amortization is recorded)

Here we debited the amortization expense as it increased the expenses and credited the accumulated amortization as it decreased the assets

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3 years ago