The ________ Act is a law designed to guarantee that workers facing a medical catastrophe or certain specified family responsibilities will be able to take needed time off from work without pay but without losing medical benefits or their jobs

Morag Manufacturing Company's budgeted income statement includes the following data

Mar Apr May Jun Sales $320,000 $340,000 $360,000 $380,000 Commission expense: 15% of sales 48,000 51,000 54,000 57,000 Salaries expense 50,000 50,000 50,000 50,000 Miscellaneous expense: 4% of sales 12,800 13,600 14,400 15,200 Rent expense 4,000 4,000 4,000 4,000 Utilities expense 2,000 2,000 2,000 2,000 Insurance expense 2,100 2,100 2,100 2,100 Depreciation expense 5,000 5,000 5,000 5,000 The budget assumes that 60% of commission expenses are paid in the month in which they are incurred and the remaining 40% are paid one month later. In addition, 50% of salaries expenses are paid in the month in which they are incurred, and the remaining 50% are paid one month later. Miscellaneous expenses, rent expense, and utility expenses are assumed to be paid in the same month in which they are incurred. Insurance was prepaid for the year on January 1. Prepare a schedule of cash payments for selling and administrative expenses for the quarter ending June 30. What will be an ideal response

A company produces 200 microwave ovens per month, each of which includes one electrical circuit

The company currently manufactures the circuits in-house but is considering outsourcing the circuits at a contract cost of $30 each. Currently, the cost of producing circuits in-house includes variable costs of $24 per circuit and fixed costs of $12,000 per month. Assume the company could cut fixed costs in half by outsourcing and that there is no alternative use for the facilities presently being used to make circuits. If the company outsources, operating income will ________. A) increase by $4,800 B) decrease by $4,800 C) decrease by $1,200 D) stay the same