Management wants to maintain the ending direct materials inventory at 60% of the following month's production needs. 4. Seventy percent of all purchases are paid in the month of purchase; the remaining 30% are paid in the subsequent month. 5. Watson's product requires 30 minutes of direct labor time.
10. Question: (TCO 2) Action Corporation uses activity-based costing to apply overhead to jobs within a job-order costing system. The following overhead activities were budgeted for the year. ACCT 344 Week 2 Quiz 1. Question: (TCO 3) The appropriate cost accounting system to use when inventory items are produced on an assembly line is 2.
The employer deducts this directly from all wages paid. There may be a reduced National Insurance contribution if the employee has “contracted out” of the State Second Pension. This is usually shown on employee payslip. Employee Number Some companies, particularly large ones, who employ many employee’s use payroll numbers to identify employees on the payroll. This is the internal identification number which the employer gives employee.
Sitting at the top are those that have been unemployed for 15 weeks averaging about 8.5 million unemployed. Below them are those that have been unemployed 27 weeks and over averaging about 6.3 million unemployed. Why are there more unemployed at 15 weeks than 27 weeks? This may be the fact that people are finding jobs before they hit the 27 week mark. However, we may see a change in this if the economy stays as it is because all the people in that 15 week unemployment range are on their way to the 27 week unemployment range if a job cannot be found.
Employees must be vested to receive requirements and this plan will not integrate with any government benefits. Employees can start contributing to pension immediately upon hire in a permanent full time or part time position. For normal retirement and to receive full pensionable payment employees must be age 65 with a minimum of 15 years of service with the company. For early retirement, employees must have 10 years of service, and may retire at any age but benefits will be lowered by 20%. Maximum pensionable earnings shall be deemed equal to 70% of last full calendar year of service for the company.
Work Breakdown Structure (WBS) will breakdown project scope and requirements into groups of component tasks that will be manageable Schedule Management Plan will provide a process to gather, analyze, develop and control the schedule of project activities. Given the specific requirements for resource scheduling and lessons learned from previous project, it will be important to align the schedule to resource availability and
C) The answers are different because if the interest is left untouched, it makes the principal amount higher each year, giving more money after 10 years. Compounded interest allows for more money that simple interest would. 2. A) If the individual retires at the age of 65, having started the program at age 40, there would be $219,318 in the account. $3,000 x (8% in 25 years) 3000 x 73.106 = $219,318 B) If
will also be offered. Compensation and Benefits Compensation would be based on employee’s skills and abilities. The original salary would be based on an agreement set between GCOA and the temporary employment agency. After the 6 month trial period, upon hiring the employing as a permanent employee of GCOA, the salary would be based on base salary plus the employee’s proven abilities in the position, with the base salary being starting at $26,000. The position would be non-exempt (hourly) at about $12.50 per hour.
The average number of repetitions for exercises 1, 3, 5, 11, 13 is above 25 in all three sets. For muscular endurance the resistance should be sufficient that the number of repetitions done should be between 13 and 25. This means the resistance in these exercises is too low to effectively develop muscular endurance. The people doing the circuit had to do as many repetitions as possible in 30 seconds. Being able to do over 25 in each set would mean nearly a repetition a second.