Production Budget:
Projected sales: 1,200 units
Add: Closing stock: 500 units
Less: Opening stock: (400 units)
Total units required: 1,300 units
Material Budget:
Direct materials required per unit: 8.5 meters
Total units required: 1,300 units
Total meters required: 1,300 x 8.5 = 11,050 meters
Add: Closing stock of materials (20% increase): 100 meters x 1.2 = 120 meters
Less: Opening stock of materials: (100 meters)
Total meters to be purchased: 11,070 meters
The Abaco Company's inventory level for direct materials seems appropriate because it is based on a 20% increase in inventory to prepare for year-end, which is a common business practice. However, there are other factors to consider, such as the lead time for obtaining the materials and the cost of holding inventory. If the lead time is long or the cost of holding inventory is high, it may be more efficient to maintain a lower inventory level and reorder more frequently. Ultimately, the optimal inventory level should balance the costs of holding inventory against the costs of stockouts or delays in production due to material shortages.
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Match each type of tax with an example of its use.
1. Income tax
2. Sin tax
3. Excise tax
4. Consumption tax
A. 9% tax on the sale of luxuries
B. 20% tax on wages earned
C. $0.30 tax on a gallon gasoline
D. 10% tax on gambling winnings
Edit: Correct answers are in the picture
Answer:
Explanation:
Income tax is B
Sin Tax 10% tax on gambling winnings. The idea is to reduce gambline.
Excise Tax is a fixed tax paid by businesses to the government: 0.3 on a gallon of gasoline.
Consumption tax: 9% tax on luxuries.
List three things that you can do to ensure that you have set healthy boundaries between yourself and others at work.
Answer:
Limited negativity, Laughs, and non-heated arguments
Explanation: you need some negativity it gets boring when someone just constantly agrees with you, and you need arguments to see the other person field of view however they should be calm and well-thought out and not aggressive.
Terrel is designing and maintaining a web page for a local company. In which career pathways would Terrel be involved?
Programming and Software Development, and Network Systems
Network Systems and Interactive Media
Information Support and Services, and Programming and Software Development
Interactive Media, and Information Support and Services
Answer:
C. Information Support and Services, and Programming and Software Development
Explanation:
I got it right on edge. trust me.
Answer:
C. Information Support and Services, and Programming and Software Development
Explanation:
Edge
Please answer ONLY ONE of the following.
1. Based on the definition of gross income in 61, related regulations, and judicial rulings, what are the three criteria for recognizing taxable income?
2. Describe the concept of realization for tax purposes.
3. Compare and contrast realization of income with recognition of income.
realization and recognition are interconnected concepts in taxation. Realization refers to the occurrence of a transaction or event that results in an economic gain or loss, while recognition involves reporting that gain or loss in the tax return.
2. Realization for tax purposes refers to the moment when an individual or entity converts an economic benefit into a realized gain or loss, which is then subject to taxation. It involves the actual receipt of income or the sale or exchange of an asset that leads to a gain or loss. Realization typically occurs when there is a definitive transaction or event that results in a change in ownership or rights of the asset. It is an important concept in determining when income becomes taxable.
3. The realization of income and the recognition of income are two related but distinct concepts in the field of taxation. Realization refers to the actual occurrence of a transaction or event that triggers a gain or loss, whereas recognition refers to the formal inclusion of that gain or loss in the taxpayer's taxable income.
In simple terms, realization focuses on the event that generates income or loss, while recognition deals with the reporting and inclusion of that income or loss in the tax return. Realization can occur without recognition if the taxpayer chooses not to report the gain or loss, but recognition cannot happen without realization.
For example, if an individual sells a stock and realizes a gain, realization occurs at the moment of the sale. However, recognition of that gain happens when the individual reports it on their tax return. Recognition involves applying the appropriate tax rules and determining the tax consequences of the realized gain or loss.
realization and recognition are interconnected concepts in taxation. Realization refers to the occurrence of a transaction or event that results in an economic gain or loss, while recognition involves reporting that gain or loss in the tax return. Both concepts play a crucial role in determining the timing and amount of taxable income.
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You are using earned value analysis to track your project's progress. In your project, earned value is higher than planned value and actual value. That means the project is _____ schedule and _____ budget.
Answer: ahead of; under.
Explanation:
The Planned Value is the amount of money that is being allocated to complete a project. The Earned Value is the amount of work that the project has been able to achieve in reference to the original amount that was actually planned for the project.
Since we are told that the earned value is higher than planned value, it means that the project has been able to achieve a value that is more than the actual value planned for that period, therefore, the project is ahead of schedule.
Also, when the earned value is higher than actual value, it means that the project has been able to spend a lower amount for a certain amount of work than the amount that was budgeted for similar work, therefore we say it is under budget.
massive dynamics has an ebit of $2 million per year forecast in perpetuity. its cost of equity is 16% and its tax rate is 28%. if massive dynamics borrows $5 million, what will be the value of the firm?
If massive dynamics borrows $5 million, then the value of the firm is 10.40 million.
Value of all equity Firm =EBIT(1-Tax Rate)/Cost of Equity =2000000(1-28%)/16%=9000000
Value of the firm =Value of all equity firm +Debt ×Tax Rate =9000000+5000000 ×28% =10,400,000 or 10.40 million
An investment company that uses its own money or capital from other investors for its expansion and startup operations is referred to as an equity firm or private equity firm. Typically, equity firms do not have a public listing and their shares are not traded on the stock exchange. The market value of a company is determined by adding the market values of all outstanding debt, common shares, and preferred shares. Comparing the market value of capital (equity) to the adjusted value of capital yields this measurement (equity).
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Influencers, deciders, and gatekeepers are examples based on segmentation
by.
A. type of organization
B. type of industry
C. location
D. role in the buying center
Total quality management is a _________ approach in which the entire organization is managed so that it excels on all dimensions of product and services that are important to the customer.
Total quality management is a structured approach in which the entire organization is managed so that it excels in all dimensions of products and services that are important to the customer.
Total quality management is a structured approach to assessing the output of organizational management. It assesses the outputs like goods and services by improving the internal functions in the firm. The total quality management approach sets certain standards reflecting the priorities of the firm.
Total quality management focuses on customer input, maintaining the commitment of employees by communicating the goals, expectations, and appreciation, and improving the standards in the firm continuously.
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This is a method of evaluation in a credit bureau that assigns points based on several factors to compute credit
scores for consumers.
Answer:
point system
Explanation:
What is a mutual fund
Answer: A mutal fund is a professionally managed investment fund that pools money from many investors to purchase securities. the term is typically used in the United States, Canada, and India while simular structures across the globe include the SICAV in Europe and open-ended investment company in the UK.
Explanation:
Taxes are often ovved on?
initial investments,
the current value of investments.
the real value of investments,
investment returns.
Answer:
Investment returns
Explanation:
Tax is a compulsory levy imposed by the government on an individual, firms etc for the provision of infrastructure.
Generally speaking, taxes are paid as soon as money is earned. While some taxes are due for payment when investments are sold at a profit, others like dividend , mutual funds are due when distribution is paid on the investment.
The ratio of gain or losses on an investment is referred to as investment returns. The returns could be higher which means profit hence must be taxed. It could also be the other way round,i.e lower returns . In such situation, loss is incurred on the investment and it is not taxed same way as having profit on the investment.
D. investment returns.
Gertrude wants a job that involves her love of music, but is not interested in
being a performer or composer. What should Gertrude probably do?
A. Eliminate all career goals
B. Focus on finding careers unrelated to music
C. Expand her research to music-related careers such as music
therapist or recording engineer
D. Take music lessons
Answer:
C
Explanation:
it would be C because you wouldn't have to perform or compose but you can also help people with your love of music and music expression
4. In your progress report, you want the Work Completed section to follow your
Summary of Costs. To date, the company has rewritten the home page content,
created a new logo, and updated the overall structure of the site. Currently, an idea
for site navigation has been proposed but not yet confirmed. You want to include a
visual of the navigation option in the progress report.
a. The navigation option includes these links from the Home Page: About, Services,
Customer Reviews, and Contact. The About section would include links to History
and Our Mission; the Services section would also include links to Pricing, Scope, and
Timeline. Show an example of a simple, custom graphic to display the navigation. (3
points)
Links to About, Services, Customer Reviews, and Contact are included in the suggested navigation option, along with dropdown menus for About (History and Our Purpose) and Services (Pricing, Scope, and Timeline).
What type of bar chart is most popular?When showing a sequence of statistics over time, it is highly helpful. If long labels are needed, vertical bar graphs have the drawback of not leaving much room at the bottom of the chart.
Which bar charts are frequently employed to display time series data?Using a sequence of bars, time series bar charts can display changes in a metric over time. This allows you to plot several series, display the breakdown of a metric across dimensions, and display the evolution of the values over time.
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Type the correct answer in the box. Spell all words correctly.
What is the term for the account balances of commercial banks held by the central bank?
The account balances of commercial banks held by the central bank are termed _______
Answer:
Money Supply
Explanation:
Hope it helps, if its right it would be much appreciated if you could give me brainliest!
Answer: Money Supply
Explanation: The total amount of money-cash, coins, and balances in bank accounts-in circulation.
Sullivan Ranch Corporation has purchased a new tractor. The following information is given: S 150,000 10,000 Cost: Estimated Residual: 150000
Estimated Life in years 10000
Estimated Life in hours: 1200
Actual Hours
Year 1 360
Year 2 270
Year 3 350
Year 4 220
Prepare the Straight Line depreciation schedule by using the excel
This method allocates an equal amount of depreciation expense to each year of the asset's useful life.Year: 1 Beginning Book Value: 150,000Depreciation Expense: 37,500 (= 150,000 / 4)End Book Value: 112,500 (= 150,000 - 37,500).
Year: 2 Beginning Book Value: 112,500Depreciation Expense: 37,500End Book Value: 75,000 (= 112,500 - 37,500)Year: 3 Beginning Book Value: 75,000Depreciation Expense: 37,500End Book Value: 37,500 (= 75,000 - 37,500)Year: 4 Beginning Book Value: 37,500Depreciation Expense: 37,500End Book Value: 0 (= 37,500 - 37,500)First, you need to calculate the depreciable cost of the asset by subtracting the estimated residual value from the purchase cost. In this case, the depreciable cost would be $150,000 - $10,000 = $140,000.Next, you can calculate the annual depreciation expense by dividing the depreciable cost by the estimated life in years. In this case, the annual depreciation expense would be $140,000 / 10 years = $14,000 per year.Using this information, you can create a straight-line depreciation schedule for the tractor by listing the year, the beginning book value (which is the original cost), the annual depreciation expense, and the end book value (which is the beginning book value minus the annual depreciation expense).
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What should be included in your retirement plan?
A the amount of social security you expect to earn
B the amount of money you have in other accounts
C pension amounts from your former employers D all of the above
Answer:
A
Explanation:
because when you have social security then you are able to secure your money or pension
Answer:
A
Explanation:
because when security are around your money will safe
I need help!
The management of a large hotel in your country is considering ways of increasing room occupancy during the five off-peak months of the year. The hotel has very good leisure facilities, including a spa with heated indoor pool and beauty treatments. It has a very large room that is only used for wedding receptions about 30 times during the year. The hotel's restaurant has a very good reputation for food quality and providing value for money.
Develop a marketing strategy that might be used by the hotel to increase room occupancy during the five off - peak months of the year.
Answer:
For the off-peak months of the year, the best marketing strategy would be a combination of offering lower prices, and an increased spending in advertising.
The lower prices can attract potential customers who are otherwise unwilling to go to the hotel during the off-peak period, and the increased spending in advertising can attract more customer, enlarging the potential customer base, or customer pool.
Sales is one occupation where _________ is not determined by wage or salary limits set by an employer
Sales is one occupation where profit is not determined by wage or salary limits set by an employer.
What is sales?Sales include the step by step procedure that is used in spelling a goods or services.
The activity involves in sakes aims at selling the product to make profit.
Therefore, sales is one occupation where profit is not determined by wage or salary limits set by an employer.
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What are the advantages and disadvantages of a private limited company?
Private limited businesses' biggest drawback is that they need a minimum of two shareholders and company directors.
A private limited company cannot be incorporated by a lone entrepreneur who intends to launch and run a firm independently. Therefore, two people must agree before a firm can make any significant decisions.
In the private sector, purchasing goods, services, and resources is accomplished considerably more effectively. The advantages of working in the private sector often include higher compensation, more career growth chances, and better perks including insurance, vacation time, and annual bonuses. A private company is typically owned by its founders, management, or a collection of individual investors.
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The pros and cons of new product concepts are analyzed during the idea generation phase of new product development.
True
False
Project E has the following cash flows: (remember the year zero number is negative) Year 0 Year 1 Year 2 Year 3 Year 4 Cash flows -$1,000,000 $300,000 $400,000 $500,000 $500,000 6. Using a 9% cost of capital, what is the net present value of this project
The net present value of this project, with a 9% cost of capital, is approximately $365,491.16.
To calculate the net present value (NPV) of the project, we need to discount each cash flow to its present value and then sum them up. The discount rate or cost of capital for this project is 9%.
The present value (PV) of each cash flow can be calculated using the formula:
PV = Cash Flow / (1 + Discount Rate)^n
where n is the time period.
Using this formula, we can calculate the present value for each cash flow:
PV of Year 0 = -$1,000,000 / (1 + 0.09)^0 = -$1,000,000
PV of Year 1 = $300,000 / (1 + 0.09)^1 ≈ $275,229.36
PV of Year 2 = $400,000 / (1 + 0.09)^2 ≈ $335,570.25
PV of Year 3 = $500,000 / (1 + 0.09)^3 ≈ $393,736.49
PV of Year 4 = $500,000 / (1 + 0.09)^4 ≈ $360,955.06
Now, we sum up the present values of all cash flows:
NPV = PV of Year 0 + PV of Year 1 + PV of Year 2 + PV of Year 3 + PV of Year 4
NPV = -$1,000,000 + $275,229.36 + $335,570.25 + $393,736.49 + $360,955.06
NPV ≈ $365,491.16
Therefore, the net present value of this project, with a 9% cost of capital, is approximately $365,491.16.
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distinguish between products tax and production tax
Answer:
Some examples of production taxes are land revenues, stamps and registration fees and tax on profession. Product taxes are paid on the actual volume of production. It is paid per unit of product. For example, excise duty, service tax, sales tax etc.
is it ethical or unethical to cheat on your taxes? Explain why or why not
Answer:
it would be unethical to do that because you are breaking the law
Answer:
It would be unethical.
Explanation:
coconutoil2217 is correct, it would be unethical to cheat on your taxes.
6. He is not a skilled worker. He
doesn't ............... much.
win
gain
earn
pay
afford
Answer:
earn .
He is not a skilled worker. He doesn't earn much.
Explanation:
He doesn't earn much.....
What are the overall goal(s) for the Food Dye Project? (Select all that apply.) Quantify the amount of each FD\&C food dye present in an assigned drink. Build a parallel dilution set from the assigned drink. Determine the serving size of an assigned drink. Identify the FD\&C food dyes present in an assigned drink.
The overall goals of the Food Dye Project include quantifying the amount of each FD&C food dye present in an assigned drink, identifying the FD&C food dyes present in the drink, and building a parallel dilution set from the assigned drink. However, determining the serving size of the assigned drink is not explicitly mentioned as one of the goals.
The Food Dye Project aims to analyze and assess the presence of FD&C food dyes in an assigned drink. One of the goals is to quantify the amount of each FD&C food dye present in the drink. This involves measuring and determining the concentrations of different food dyes, allowing for an accurate understanding of their quantities.
Another goal is to identify the specific FD&C food dyes that are present in the assigned drink. This entails conducting tests or experiments to detect and differentiate between various food dyes, enabling the project to determine which specific color additives are used in the drink.
Additionally, the project aims to build a parallel dilution set from the assigned drink. This involves creating a series of diluted samples that mirror the concentration range found in the original drink. These dilutions are useful for calibration purposes, comparison, or further experimentation.
However, the goal of determining the serving size of the assigned drink is not explicitly mentioned. Serving size determination typically involves measuring the volume or weight of a specific portion of the drink to establish the standard portion size. While serving size information can be relevant for nutritional analysis, it may not be the primary focus of the Food Dye Project.
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A(n) _____ example is choosing to get a job right out of high school instead of going to college.
fixed cost
opportunity cost
variable cost
none of the above
Answer:
none of the above
Explanation:
Fixed costs describe business expenses that remain constant throughout a financial period. They are costs that are not influenced by the level of productions.Opportunity cost refers to the forfeited benefits of choosing one option over the others. It is calculated as the cost of the next best alternative.Variable costs are business costs that vary with the production level. An increase in output increases the variable costs, while a decrease in production means lower variable costs.An apprenticeship is an example of choosing to get a job right out of high school instead of going to college.
Why are decisions involving the environment difficult to make?
Answer:
its like a domino effect, (you) make a choice to help one biome, that can strongly effect the animals within that habital, wheter its good or bad. like, for example, x animal is going extenict, so there is mass breeding of that animal; which leads to a huge shortage of producers and whatever is below that animal in the food chain, ultimitly causing more harm.
Explanation:
In a balanced budget, the amount you ______ is ______ the amount you earn.
A: Spend; equal to
B: Save; less than
C: Spend; greater than
D: Save; greater than
In a balanced budget, the amount you spend is equal to the amount you earn. This means that your expenses do not exceed your income and you are not living beyond your means.
A balanced budget is an important financial goal that can help you achieve financial stability and avoid debt. It requires careful planning and tracking of income and expenses to ensure that you are not spending more than you earn. A balanced budget is a financial plan where your income is equal to your expenses. This means that you are not spending more money than you earn. A balanced budget is important because it helps you avoid debt and maintain financial stability. It is a crucial part of personal finance and can help you achieve your long-term financial goals. Creating a balanced budget requires you to track your income and expenses. You need to know how much money you are earning and how much you are spending on a regular basis. This can help you identify areas where you can cut back on expenses or increase your income to ensure that your budget is balanced.
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List your personal and professional goals and create an individual career plan. Your plan should have specific milestones and achievements and should span 10 years.
can someone help me I want to go into the Navy or be a Tattoo artist and I can't think of anything for this.
30 POINTS!!
Explanation:
Setting specific, measurable career development goals can help you get to the next level in your career. While developing a career plan can entail a significant amount of work, it will pay off in helping you to understand where you want to go with your career next and what you need to do to get there.
Creating and implementing an employee career development plan allows you to feel motivated at work, even if you haven’t found your dream job just yet, because it helps you to make concrete plans to get there.
Here, we define a career development plan template and outline five steps to easily and efficiently make an individual development plan for yourself.
boxer inc. reported inventory at the beginning of the current year of $360,000 and at the end of the current year of $411,000. if net sales for the current year are $2,214,600 and the corresponding cost of sales totaled $1,879,400, what is the inventory turnover ratio for the current year?
The inventory turnover ratio for the current year is 4.875.
How is the inventory turnover ratio determined?Inventory turnover is a term used to describe the pace at which inventory stock is purchased, used up, and replaced. Inventory turnover ratio is calculated by multiplying item costs by average inventory for the same time period. Typically, a higher ratio denotes stronger sales, whereas a lower ratio denotes worse sales.
Cost of goods sold divided by two divided by (Beginning inventory plus Final inventory) is the inventory turnover ratio. The inventory turnover ratio calculates how frequently your average inventory is "turned" or sold over a predetermined time period.
Inventory turnover is a financial ratio used in business that indicates how frequently a company has made turnovers. i.e., the commodities were sold and replaced in a year.
It is determined as
inventory turnover=cost of goods sold/average inventory
But Average Inventory = ( beginning inventory + ending inventory ) /2
= ( $360,000 + $411,000) / 2
= $771,000 / 2
= $385,500
inventory turnover=$1,879,400/ $385,500
inventory turnover=4.875
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