Business, 31.10.2019 23:31, raynaesquivel
Step one: create a budget. you can use a spreadsheet, budget software, online budget tools, or a pencil and paper. remember, to create a budget, you enter income and calculate the total, enter the expenses and calculate the total, and subtract the expenses from the income. step two: it is now the next month, may. the spencers have spent money and earned another month's worth of income. update your budget with the following expenses in may. keep the original expenses. expenses may short-term savings $0 long-term savings $0 rent/insurance $700 car payment $350 utilities $140 tv/cable $100 cell phones $100 clothing $230 entertainment/recreation/eating out $260 credit card (balance=$1200) $50 miscellaneous expenses $130 in what areas did the spencers overspend? what changes would you make to their spending? step three: you probably noticed that the spencer family is not putting money in their savings account. this would be a good idea since their financial goal is to buy a house. make adjustments to the budget so that they have money going into short-term savings.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 16:20, AnhQNguyen6764
The following information relates to the pina company. date ending inventory price (end-of-year prices) index december 31, 2013 $73,700 100 december 31, 2014 100,092 114 december 31, 2015 107,856 126 december 31, 2016 123,009 131 december 31, 2017 113,288 136 use the dollar-value lifo method to compute the ending inventory for pina company for 2013 through 2017.
Answers: 1
Business, 22.06.2019 21:10, dezmondpowell
Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?
Answers: 3
Business, 23.06.2019 13:10, wendelljo61
Phoenix guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickupsfor sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. which of the following approaches is likely to produce superior results? a) invest in vertical integration despite the cost of producing pickups. b) abandon the idea of vertical integration entirely. c) pursue taper integration. d) introduce a budget line of guitars to diversify the firm's offerings.
Answers: 1
Business, 23.06.2019 15:00, dude5522
"in the electricity industry, low average total costs are obtained only through large-scale production. in other words, the initial cost of setting up all the necessary wiring makes it risky and, most likely, unprofitable for competitors to enter the market. throughout much of the 20th century, many people viewed south africa’s de beers group as a monopoly because it controlled a large percentage of diamond production and sales. patents are granted to inventors of a product or process for a certain number of years. the reason for this is to encourage innovation in the economy. without the existence of patents, it is argued, research and development for improved electronics is unlikely to take place, since there’s nothing preventing another firm from stealing the idea, copying the product, and producing it without incurring the devel opment costs."which of the following best explains the barriers to entry that exist in this scenario? increasing returns to scale legal barriers exclusive ownership of a necessary resource
Answers: 1
Do you know the correct answer?
Step one: create a budget. you can use a spreadsheet, budget software, online budget tools, or a pe...
Questions in other subjects:
Business, 29.05.2020 04:03
Mathematics, 29.05.2020 04:03
