The incremental cost of driving over flying is $227, the correct option is C).
To calculate the incremental cost of driving over flying, we need to compare the expenses incurred by driving with the expenses incurred by flying.
Flying
Flight cost (one way): $90
Car rental cost: $39 per day x 2 days = $78
Per diem (meals and incidental expenses): $50 per day x 2 days = $100
Total expenses for flying: $90 + $78 + $100 = $268
Driving
Mileage reimbursement: 310 miles x $0.50 per mile = $155
Hotel cost: $170 per night x 2 nights = $340
Total expenses for driving: $155 + $340 = $495
Now, we can calculate the incremental cost of driving over flying by subtracting the flying expenses from the driving expenses
Incremental cost = Driving expenses - Flying expenses
= $495 - $268
= $227
Therefore, the incremental cost is $227. So, the correct answer is C).
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--The given question is incomplete, the complete question is given below " Crane Dover is a scout for a Major League Baseball team based in Phoenix, Arizona. Crane needs to travel to Los Angeles, California on June 1 to perform a variety of professional functions prior to the team travelling to Los Angeles to play. If Crane flies, he could catch a 6 a.m. flight on June 1. In order to perform all of his professional responsibilities, Crane will need to spend the night and catch a flight on June 2 to return to Phoenix. If Crane flies, he will need to rent a car for $39 per day. To cover meals and other incidental expenses, Crane will receive $50 per day (per diem) for each day he works out of town. Flights between Phoenix and Los Angeles can be purchased for $90 one way.
Phoenix is approximately 310 miles from Los Angeles, a 6-hour drive at speed limits permitted on the freeways connecting the two cities. If he drives from Phoenix to Los Angeles, Crane would need to leave the afternoon of May 31 and would be reimbursed $0.50 per mile. He would need to spend 2 nights in a hotel, the night of May 31 and the night of June 1. He would return to Phoenix by car on June 2. The hotel used by the team charges $170 per night. What is the incremental cost of driving over flying?
$117
$322
$227
$122"--
It is the month of June, which is the peak season for producing rye. At the current level of output of 800 units of wheat, the following data exists:Price $16Marginal cost = $8Marginal Revenue-$8Average variable cost = $10Average total cost = $19Based on these figures, as an microeconomic advisor, what would you advise this firm to do?a. The firm should shut down production.b. Not sure.c. The firm should raise the price and make a loss.d. The firm should continue to produce more wheat.
Based on the given figures, as a microeconomic advisor, I would advise the firm to continue producing more wheat (Option d).
The firm's marginal cost ($8) is less than the price ($16), indicating that producing additional units of wheat would result in a positive marginal profit. While the firm's average total cost ($19) is higher than the price, the average variable cost ($10) is lower, suggesting that the firm can cover its variable costs and contribute to the fixed costs by producing more.
In the short run, it is beneficial for the firm to continue producing as long as the price exceeds the marginal cost. However, the firm should also consider long-term sustainability and evaluate factors such as market demand, competition, and future profitability. It's essential to conduct a comprehensive analysis before making strategic decisions regarding production levels and pricing.
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pls do this worksheet for me and i will make you brainliest
How do employer contributions to a Health Savings Account affect the insured's taxes?
a. the employer contributions are taxed at the same rate as the social security tax rate
b. the employer contributions are taxed to the individual insured as earned income
c. the employer contributions are deducted from the individual insured's tax calculations
d. the employer contributions are not included in the individual insured's taxable income
d. The employer contributions are not included in the individual insured's taxable income.
Employer contributions to a Health Savings Account (HSA) are not taxed as income for the insured individual. These contributions are considered tax-exempt and are not included in the individual's taxable income. This means that the individual does not have to pay income taxes on the employer contributions made to their HSA.
The contributions made by the employer are typically deductible for the employer as a business expense. However, for the insured individual, these contributions do not affect their taxable income or tax liability. The contributions remain tax-free as long as they are used for qualified medical expenses.
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What does an invasion biologist study?
help me
Answer:
Invasion biology deals with invasive species. If an “invasive” species is defined as a species that spreads to the detriment of economic interests and public health, however, invasion biology could not be easily distinguished from pest management and public health sciences.
Explanation:
Money is a ______ of some item or group of items that is used as a medium of exchange.
Money is a legal tender of some item or group of items that is used as a medium of exchange.
What is money?Money is what accepted legally all over as one of the means of transactions.
It is given as a payment to purchase a particular goods or services. The value of a countries money is determined by the economy.
Therefore, Money is a legal tender of some item or group of items that is used as a medium of exchange.
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I attached a pic of my question, pls help.
Farmer raising sheep.
gertrude quit her $40,000- per- year job to start her own own consulting firm. she withdrew her savings of $50,000 which was earning her an interest of $2000 in the bank and invested in her own consulting firm. at the end of her first year of operation, her total revenues were $208,000. her total explicit costs were $108,000. how much are her accounting profits from her own consulting firm? group of answer choices $30,000 $100,000 $50,000 $48,000
Gertrude's accounting profits from her consulting firm are $100,000, calculated by subtracting explicit costs ($108,000) from total revenues ($208,000).
To calculate Gertrude's accounting profits, we need to subtract her explicit costs from her total revenues.
Total revenues = $208,000
Explicit costs = $108,000
Accounting profits = Total revenues - Explicit costs
= $208,000 - $108,000
= $100,000
Hence, Gertrude's accounting profits from her own consulting firm are $100,000.
Therefore, Gertrude's decision to start her own consulting firm has resulted in a positive accounting profit of $100,000. This indicates that her firm's revenues from consulting services exceed the explicit costs incurred in running the business.
It is important to note that accounting profits do not take into account implicit costs, such as the opportunity cost of Gertrude quitting her job and the foregone interest income from her savings. However, based on the given information, her accounting profits alone amount to $100,000. Hence, Gertrude's accounting profits from her own consulting firm are $100,000.
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Which of the following are included in sales operational CRM technologies? (Check all that apply.)
Check All That Apply
List generator
Campaign management
Cross-selling
Sales management
Contact management
Opportunity management
Web-based self-service
Call scripting
Sales operational CRM technologies are designed to streamline and optimize the sales process. They include various tools and features that help sales teams manage their contacts, campaigns, opportunities, and sales activities.
The following are included in sales operational CRM technologies:
1. Contact management: This feature allows sales teams to keep track of their contacts and their interactions with them. It includes features such as lead and account management, customer profiling, and contact history.
2. Opportunity management: This feature enables sales teams to manage their sales pipeline by tracking the progress of their deals and identifying potential sales opportunities.
3. Sales management: This feature helps sales teams manage their sales activities, such as setting goals, creating sales forecasts, and tracking sales performance.
4. Campaign management: This feature allows sales teams to create and manage marketing campaigns, including email marketing, social media marketing, and advertising campaigns.
5. List generator: This feature helps sales teams generate lists of leads and prospects based on specific criteria, such as demographics, behaviors, and interests.
6. Cross-selling: This feature enables sales teams to identify opportunities for cross-selling and upselling to existing customers.
7. Web-based self-service: This feature allows customers to access information and services online, such as product information, FAQs, and support resources.
8. Call scripting: This feature provides sales teams with scripts and guidelines for their sales calls, helping them to stay on track and deliver a consistent message.
Therefore, the options that are included in sales operational CRM technologies are Contact management, Opportunity management, Sales management, Campaign management, List generator, Cross-selling, Web-based self-service, and Call scripting.
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Is there an error in the following statement? If yes, explain.
“If your premium is too high, you could most likely lower it by talking to your insurance company and either raising your deductible or lowering your co-payment.”
A. No, there is not an error.
B. Yes, there is an error because raising the deductible on an insurance policy would raise the premium instead of lowering it.
C. Yes, there is an error because lowering the co-payment on an insurance policy would raise the premium instead of lowering it.
D. Yes, there is an error because deductibles are fixed values for each type of insurance and do not change between policies.
Answer:
Yes, there is an error because lowering the co-payment on an insurance policy would raise the premium instead of lowering it.
Or
No, there is not an error.
Yes, there is an error because lowering the co-payment on an insurance policy would raise the premium instead of lowering it, is the statement that has the error. Hence, option C is correct.
What is insurance policy?An insurance policy is a contract between the insurance establishment and the individual, business, or other entity being covered. You may ensure that your policy meets your statuses and that you and the insurance company are both aware of your trustworthinesses in the case of a loss by cautiously reviewing your policy.
Every insurance policy is divided into five sections: declarations, insuring agreements, definitions, situations, and conditions. A popular sixth section of policy is indorsements. Refer to these slices as you review the policies.
But most financial experts suggest that everyone purchase life, health, auto, and long-term disability insurance.
Thus, option C is correct.
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Eric has decided to invest small amounts in bonds over time. This rules out purchasing a single bond. He is seeking a bond mutual fund with a yield over 4%. Which fund would you recommend?
Mutual fund name:
Ticker symbol:
Mutual fund objective:
Expense ratio:
Minimum investment:
Minimum additional investment:
Yield:
Eric has decided to invest small amounts in bonds over time. This rules out purchasing a single bond. He is seeking a bond mutual fund with a yield over 4%. Yield, fund would be recommended.
What is bonds?
Bonds are issued by governments and corporations when they want to raise money. By buying a bond, you're giving the issuer a loan, and they agree to pay you back the face value of the loan on a specific date, and to pay you periodic interest payments along the way, usually twice a year.
Bonds yield income, are think over little riskier than working capital and can help change portfolios. The first is to hold those bonds yield until their maturity date and accumulate interest commences on them. Bonds, in general, are less risky and more buttoned-up than frameworks in yield.
As a result, the significance of the bonds yield to invest small amounts in bonds over time are the aforementioned.
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PLEASE HELP!! I WILL GIVE BRAINLIEST!!!
Your manager has been asked to speak to a community group about an upcoming development project that will be demolishing an old mall and building a mixed-use space with apartments, retail, and office space—a topic that has created some controversy in the community. She’s asked for your help in putting together her presentation. Do you think that a live or virtual presentation would be most effective? Why? What types of multimedia elements do you think would be most engaging? Why?
Answer:
use both the photos to help with the anwer it cut the photo so you have to go back and forth for the anwer
can you please provide me diagram of zachman framework for shoes manufacturing industry.
By using the Zachman Framework, you can make sure that your shoes manufacturing process is aligned with your business goals and that it is as efficient and effective as possible.
What: The what layer defines the business entities and data that are involved in the shoes manufacturing process. This includes things like the different types of shoes, the materials used to make them, and the steps involved in the manufacturing process.
How: The how layer defines the processes and procedures that are used to manufacture shoes. This includes things like the order of operations, the resources that are needed, and the metrics that are used to measure performance.
Where: The where layer defines the physical locations where shoes are manufactured. This includes things like the factories, the warehouses, and the transportation networks.
When: The when layer defines the time horizon for the shoes manufacturing process. This includes things like the lead times, the delivery schedules, and the warranty periods.
Who: The who layer defines the people and organizations that are involved in the shoes manufacturing process. This includes things like the customers, the suppliers, and the employees.
Why: The why layer defines the reasons why shoes are manufactured. This includes things like the market demand, the strategic goals, and the financial objectives.
The Zachman Framework is a powerful tool for understanding and managing complex business processes. By using the framework, you can ensure that your shoes manufacturing process is well-defined, efficient, and effective.
Here is an example of how the Zachman Framework can be used to improve the shoes manufacturing process:
In the what layer, you could define a new type of shoe that is made from recycled materials.
In the how layer, you could develop a new process for manufacturing shoes that is more environmentally friendly.
In the where layer, you could identify new locations where shoes could be manufactured that are closer to customers.
In the when layer, you could shorten the lead times for shoes by using more efficient manufacturing processes.
In the who layer, you could train employees on new skills that are needed to manufacture shoes using recycled materials.
In the why layer, you could define a new strategic goal for the company to become the leading manufacturer of sustainable shoes.
By using the Zachman Framework, you can make sure that your shoes manufacturing process is aligned with your business goals and that it is as efficient and effective as possible.
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to start a new business, a sole proprietor must meet a small number of government. Which of the following is not one of them
A. Site permit
B. Business license
C. Name
D. Work a minimum of 30 hours
Answer:
d
Explanation:
D. Work a minimum of 30 hours
Why is the housing market not a perfectly competitive market
Answer:
houses are essential. a need doesn't fall in perfect competition conditions.
Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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Select the explanation that best describes the potential reason for the widening gap between credit sales and cash collections September to December of Year 1 for Expo Company
The potential reason for the widening gap between credit sales and cash collections from September to December of Year 1 for Expo Company could be due to a variety of factors. One explanation could be that the company is experiencing a slowdown in cash collections from customers.
This could be due to customers not paying their bills on time, or the company not effectively managing its accounts receivable. Another explanation could be that the company is extending more credit to customers in order to boost sales, but this is resulting in a widening gap between credit sales and cash collections as customers are not paying their bills in a timely manner.
Additionally, the company could be experiencing an increase in bad debt expenses, which would also contribute to the widening gap between credit sales and cash collections.
Overall, there are a variety of potential explanations for the widening gap, and it is important for the company to closely monitor and manage its credit sales and cash collections in order to minimize the gap and maintain healthy cash flow.
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Sarah has an annual salary of $54000. If her income tax rate is 22%, find the amount of her taxes, her net annual, and net monthly salary.
Taxes:
Net Annual Salary:
Net Monthly Salary:
Sarah has to pay $11,880 in taxes annually, her net annual salary is $42,120, and her net monthly salary is $3,510.
To calculate the amount of taxes that Sarah has to pay, we need to multiply her annual salary by her tax rate. So, the amount of taxes that Sarah has to pay is:
Tax = Annual Salary x Tax Rate
Tax = $54,000 x 0.22
Tax = $11,880
Therefore, Sarah has to pay $11,880 in taxes annually.
To find Sarah's net annual salary, we need to subtract the amount of taxes she has to pay from her annual salary. So, her net annual salary would be:
Net Annual Salary = Annual Salary - Taxes
Net Annual Salary = $54,000 - $11,880
Net Annual Salary = $42,120
Therefore, Sarah's net annual salary is $42,120.
To find Sarah's net monthly salary, we need to divide her net annual salary by 12 (the number of months in a year). So, her net monthly salary would be:
Net Monthly Salary = Net Annual Salary / 12
Net Monthly Salary = $42,120 / 12
Net Monthly Salary = $3,510
Therefore, Sarah's net monthly salary is $3,510.
In summary, Sarah has to pay $11,880 in taxes annually, her net annual salary is $42,120, and her net monthly salary is $3,510.
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the most direct way for someone to gain on the job experience and earn money while doing school is to do what?\
Answer:
a work study program
Explanation:
i searched it up
Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?
Answer: $600F
Explanation:
Given the following :
standard unit price - $1.80
actual purchase price per unit - $1.65
actual quantity purchased - 4,000
units actual quantity used - 3,900
units standard quantity allowed for actual production - 3,800 units
Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased
($1.65 - $1.80) × 4000
( $0.15) × 4000
$600F (Favorable) because standard price is higher than actual price
A study is being conducted on the number of people who frequent a certain breakfast buffet and how often they visit the buffet during a six-month period.
Complete the statements based on the information.
The individuals in the study are
.
The variable in the study is
.
Answer:
The individuals in the study are people who visit the breakfast bufftet.
The variable in the study is the number of times a peraon visits the buffet in six months.
The Complete statements based on the given information, “A study is being conducted on the number of people who frequent a certain breakfast buffet and how often they visit the buffet during a six-month period.” are:
The individuals in the study are people who visit the breakfast buffet.
The variable in the study is the number of times a person visits the buffet in six months.
What is information?
Information is data that helps in analyzing a situation or an event or anything which can be calculated, measured, and analyzed. Information can be in any form such as in form of numbers, facts, figures, analyses, statements, and so on. in today’s era of information technology, information is considered the new fuel which is driving the whole world at the same time.
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A ball of mass 1.5 kg is thrown upward. It leaves the thrower's hand with a velocity of 10 m/s. The following questions refer to the motion after the ball leaves the thrower's hand. Assume that the upward direction is positive. Please show me the work, I am lost, thank you
A. How long before the ball returns to the throwers hand?
B. What is final velocity of the ball just before it reaches the hand?
C. What is the change in momentum of the ball?
D. What is the impulse calculated from the change of momentum?
E. from the impulse, find the average force acting on the ball. What causes the force?
After the ball hits the thrower's hand it comes to a rest in .25 sec.
A. What is the net impulse exerted on the ball by the hand?
B. What is the average force exerted by the hand on the ball during the .25sec that the ball is being stopped?
C.What is the average force exerted by the ball on the hand during this time?
A. The ball takes approximately 1.02 seconds to return to the thrower's hand.
B. The final velocity of the ball just before reaching the hand is -10 m/s.
C. The change in momentum of the ball is -30 kg·m/s.
D. The impulse calculated from the change in momentum is -30 kg·m/s.
E. The average force acting on the ball is approximately -29.41 N, caused by gravity.
After hitting the thrower's hand:
A. The net impulse exerted on the ball by the hand is 15 kg·m/s.
B. The average force exerted by the hand on the ball during the 0.25 seconds is 60 N.
C. The average force exerted by the ball on the hand during this time is also 60 N, but in the opposite direction.
A. To find the time before the ball returns to the thrower's hand, we can use the equation of motion for vertical motion:
v = u + at
where:
v = final velocity (0 m/s when the ball reaches the thrower's hand)
u = initial velocity (10 m/s when the ball leaves the thrower's hand)
a = acceleration due to gravity (-9.8 m/s^2, considering the downward direction as negative)
t = time
Rearranging the equation, we have:
0 = 10 - 9.8t
Solving for t, we get:
t = 10/9.8 ≈ 1.02 seconds
Therefore, it takes approximately 1.02 seconds for the ball to return to the thrower's hand.
B. The final velocity of the ball just before it reaches the hand is the same as its initial velocity, but in the opposite direction. So the final velocity is -10 m/s.
C. The change in momentum of the ball is given by the equation:
Δp = m(v_f - v_i)
where:
Δp = change in momentum
m = mass of the ball (1.5 kg)
v_f = final velocity (-10 m/s)
v_i = initial velocity (10 m/s)
Δp = 1.5(-10 - 10) = -30 kg·m/s
The change in momentum is -30 kg·m/s.
D. The impulse is defined as the change in momentum. So the impulse calculated from the change in momentum is -30 kg·m/s.
E. To find the average force acting on the ball, we can use the equation:
Impulse = average force × time
Since we have the impulse (-30 kg·m/s) and the time (1.02 s), we can rearrange the equation to solve for the average force:
Average force = Impulse / time = -30 kg·m/s / 1.02 s ≈ -29.41 N
The negative sign indicates that the force is acting in the opposite direction to the motion of the ball. In this case, the force is due to gravity, which causes the ball to decelerate as it moves upward and accelerate as it moves downward.
After the ball hits the thrower's hand and comes to rest in 0.25 seconds:
A. The net impulse exerted on the ball by the hand is equal to the change in momentum. Since the ball comes to rest, the final velocity is 0, and the initial velocity is -10 m/s. Thus, the change in momentum is given by:
Δp = m(v_f - v_i) = 1.5(0 - (-10)) = 15 kg·m/s
Therefore, the net impulse exerted on the ball by the hand is 15 kg·m/s.
B. The average force exerted by the hand on the ball during the 0.25 seconds can be calculated using the formula:
Average force = Impulse / time = 15 kg·m/s / 0.25 s = 60 N
The average force exerted by the hand on the ball during the 0.25 seconds is 60 Newtons.
C. The average force exerted by the ball on the hand during this time is equal in magnitude but opposite in direction to the force exerted by the hand on the ball. Therefore, the average force exerted by the ball on the hand is also 60 Newtons, but in the opposite direction
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Note this question belongs to the subject Physics.
Allison would like to find all records that are in stock. In her database, she has a field named "in stock." When the item is in stock, a "yes" appears. What should Allison do?
Conduct a query and set the criteria as =yes.
Conduct a query and set the criteria to >2.
Locate each record and check each one.
Sort the records in ascending order by item number.
Answer: she should conduct a query and set the criteria to >2
Explanation:
Don’t know this but I tried I am only in 9th grade
According to rankings by many people over the years what is the number one expectation that people have a job they will enjoy
Answer:
The number one expectation is that the job uses people's abilities to the best, and makes them feel accomplished.
One possible explanation for this is Maslow's hierarchy of needs, in which the need of self-accomplishment is at the top, meaning that this is the need of the highest order.
If people feel that they are achieving self-accomplishment in their jobs, then, it is very likely that they enjoy it.
taxpayers traveling for the primary purpose of receiving essential and deductible medical care may deduct some or all of the costs of
Taxpayers traveling for the primary purpose of receiving essential and deductible medical care may deduct some or all of the costs of their travel cost.
Taxpayers traveling for the primary purpose of receiving essential and deductible medical care may deduct some or all of the travel costs, depending on certain conditions.
Specifically, the IRS allows a deduction for travel expenses related to the diagnosis, cure, mitigation, or treatment of a disease, or a doctor's prescription for a period of time that is either shorter or longer than the normal length of stay. This includes transportation, lodging, and meals.
To qualify for a deduction, taxpayers must provide documentation from a physician to verify that the medical care was necessary. The physician's documentation must also specify the duration of the medical care, and the dates of the associated travel expenses.
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Jason is an ancient history lover. He wants to share his knowledge on social media, but he does not think that video platform will work well since he cannot afford to travel to many of the places that have the ruins he wants to share information about. What would be the best social media platform to provide information show pictures of these places?
The best social media platform where Jason can share his knowledge and provide information and show pictures of these places is where common people and his friends near and all over can connect with him and can be friends with him on that networking site.
What is social media?Social media refers to the means of interactions among people in which they create, share, and/or exchange information and ideas in virtual communities and networks. We offer an array of tools, including one-on-one consults with schools, departments and offices looking to form or maintain an existing social media presence to discuss social media goals and strategy, as well as offer insights and ideas.
Before creating any social media account, we must submit the Account Request Form.
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erwick construction company contracted to build a house for charles. the specifications called for the use of karlene pipe for all plumbing. erwick, however, got a better price on boynton pipe and substituted the equally good boynton pipe for karlene pipe. upon inspection, charles discovered the change, and he now refuses to make the final payment. the contract price was for $200,000, and the final payment is $20,000. erwick now brings suit seeking the $20,000. will erwick succeed in its claim? explain.
Erwick Construction Company may not succeed in its claim for the $20,000 final payment.
Will erwick succeed in its claim?The contract between Erwick and Charles specified the use of Karlene pipe for all plumbing, but Erwick substituted it with Boynton pipe without Charles' consent.
This constitutes a breach of contract as Erwick did not fulfill the terms of the agreement. Charles has the right to refuse payment as the final payment was contingent upon the completion of the agreed-upon specifications.
The fact that the substituted Boynton pipe is equally good does not excuse Erwick's breach of contract. Charles may also be entitled to damages resulting from the breach, such as the cost of replacing the Boynton pipe with Karlene pipe.
Therefore, Erwick may not be successful in its claim for the $20,000 final payment and may be liable for damages resulting from the breach of contract.
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Why is it important to have insurance?
It's important to have insurance so people can
protect themselves from losing a lot of money in
the event of an unpredictable event or something
happens to them or their property.
So individuals can defend against the possibility of
financial loss due to unpredictable event
So people can engage in risky behavior without
financial consequences
A and B
It's important to have insurance so people can protect themselves from losing a lot of money in the event of an unpredictable event or something that happens to them or their property. So individuals can defend against the possibility of financial loss due to unpredictable events. The correct options are a and b.
What is insurance?Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
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When employees receive compensation that is not cash, the compensation is referred to as _____.
When employees receive compensation that is not cash, the compensation is referred to as employee benefits.
What is an employee benefits?This refers to these various types of non-wage compensation provided to employees in addition to their normal wages or salaries.
The employee benefits is also illustrated in an instances where the employee exchanges wages for some other form of benefit that are known as "salary packaging, salary exchange arrangement etc.
Therefore, an employee benefits means the compensation receive by an employees which is not cash.
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Anthony and Cathy Smith have been married for thirty-one years. They have always had a joint bank account, discussed big expenditures, and shared household duties. Which term best describes the Smith family based on this information
Answer: Egalitarian
Explanation:
From the question, we are informed that Anthony and Cathy Smith have been married for thirty-one years and that they have always had a joint bank account, discussed big expenditures, and shared household duties.
The term that can be used to describe them is egalitarian. Egalitarian is a principle which believes that everyone is equal and everybody deserve a equal opportunity and has an equal right.
Provide general discussion on predetermined variable overhead criterion and its possible dependence on the activity for which it is used. Provide a variable costing income statement in which variable overhead is divided among different activities, and that each activity has its own predetermined variable overhead criterion. Explain your example in detail.
In cost accounting, a predetermined variable overhead criterion refers to the predetermined rate or standard used to allocate variable overhead costs to different activities within an organization. Variable overhead costs are expenses that fluctuate with the level of activity or production, such as electricity, indirect labor, or supplies.
The predetermined variable overhead criterion is often dependent on the activity for which it is used. Different activities may have varying levels of resource consumption, time requirements, or cost drivers. Therefore, using a uniform predetermined rate for all activities may not accurately allocate variable overhead costs.
Let's consider an example of a manufacturing company that produces two products, Product A and Product B. The company identifies two key activities: machine hours and direct labor hours. The variable overhead costs include electricity, maintenance, and supplies.
For the machine hours activity, the predetermined variable overhead criterion may be established based on the machine hours required for each product. If Product A requires 2 machine hours per unit and Product B requires 3 machine hours per unit, the predetermined rate for machine hours activity can be calculated as follows:
Predetermined Rate for Machine Hours Activity = Total Variable Overhead Costs / (Total Machine Hours for Product A + Total Machine Hours for Product B)
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