All uncooked materials used have been traceable to precise units of product. Healey corporation's price of products manufactured for the 12 months is Healey organization: overall manufacturing costs = uncooked substances Used + Direct labor + manufacturing facility Overhead.
To manufacture is described as making something from raw substances via hand or the usage of machines. An instance of fabricating is making clothing from cotton. The definition of manufacturing is the system of creating items from raw substances. An example of manufacturing is the making of cars in factories.
Production is the advent and manufacture of components and completed products for sale on a big scale. it could make use of a number of techniques, consisting of human and machine hard work, and biological and chemical processes, to turn raw substances into completed goods by the use of gear.
Learn more about manufactured here: https://brainly.com/question/26320301
#SPJ4
Provide examples and discuss the differences in performance condition, market condition, and service condition in accounting for stock option compensation.
Stock option compensation is a type of compensation package that provides employees with the right to purchase company stock at a predetermined price at some future date.
It is a common way for companies to incentivize employees and align their interests with those of the company. However, the accounting for stock option compensation can be complex and involves considerations of performance condition, market condition, and service condition.
Performance condition is a type of vesting condition that is tied to the achievement of a specific performance target. For example, a company may offer stock options that vest only if the employee achieves a certain sales target or a certain level of profitability. When performance conditions are met, the stock options become exercisable. The accounting treatment for performance-based stock options varies depending on whether they are classified as liability or equity awards. If the performance target is considered probable of being met, the expense is recognized over the vesting period. If the target is not probable, no expense is recognized until the target is met.
Market condition is a type of vesting condition that is tied to the performance of the company's stock price or the stock market as a whole. For example, a company may offer stock options that vest only if the company's stock price increases by a certain percentage or if the stock market as a whole outperforms a specific benchmark. The accounting treatment for market-based stock options also varies depending on whether they are classified as liability or equity awards. If the target is considered probable of being met, the expense is recognized over the vesting period. If the target is not probable, no expense is recognized until the target is met.
Service condition is a type of vesting condition that is tied to the employee's continued employment with the company.
To know more about compensation visit:
https://brainly.com/question/28250225
#SPJ11
a store at the mall having a minimum age requirement for workers is an example of which category of employee rights?
A. employee polygraph protection
B. workers compensation
C. workplace safety and health
D. wages and hours
Answer:D
Explanation:
I believe !
An example of a category of employee rights is a store in a mall that has a minimum age restriction for employees. Another example is salaries and hours. Hence option D is correct.
What rights do workers have?You won't experience bullying or unjust treatment because of your race, colour, religion, sexual orientation, gender identity, national origin, handicap, age, or genetic information. Equal payment is made for comparable effort.
The Act establishes and makes clear three rights for employees: a "right to know" about the risks associated with their employment, a right to report workplace hazards to OSHA, and a right to protection against reprisals for exercising OSHA-protected rights.
Elimination of all forms of child labour, effective outlawing of forced or involuntary labour, and the abolition of discri mination based on unjust treatment employment and occupation, the right to associational freedom, and.
Learn more about Employee Rights here
https://brainly.com/question/18122605
# SPJ2
Describe the four phases of the creative process. Name each phase
and describe in 1-2 sentences what it entails
12:13 < E 10 AA a n 77 of 120 The creative process Recognition/preparation • Recognising a puzzle or problem to solve Incubation - Sometimes an old pattern/solution can be applied Other times it is
There are four phases of creative process. The four phases of the creative process include recognition or preparation, incubation, illumination or insight, and verification or application.
These phases are briefly described below:
Recognition or Preparation: The first phase of the creative process is the recognition or preparation phase. In this phase, a problem or challenge is identified that needs to be solved.
Incubation: The second phase of the creative process is the incubation phase. In this phase, the problem is allowed to rest for some time while the subconscious mind works on it.
Illumination or Insight: The third phase of the creative process is the illumination or insight phase. In this phase, the solution to the problem suddenly comes to the conscious mind, and it feels like a "eureka" moment.
Verification or Application: The fourth and final phase of the creative process is the verification or application phase. In this phase, the solution is tested, refined, and applied to the original problem or challenge.
To learn more about the creative process.
https://brainly.com/question/19249364
#SPJ11
Question 26 Listen A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 7.9% commission and incur $645,000 in fixed costs, while an internal sales force has fixed costs projected at $2,080,000 and would receive 3.0% commission. At what sales volume would the manufacturer be indifferent between the two alternatives? Report your answer in dollars. Your Answer: Answer Question 27 4) Listen ► A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 8.8% commission and incur $600,000 in fixed costs, while an internal sales force has fixed costs projected at $1,750,000 and would receive 3.3 % commission. Assume that sales revenue is double the breakeven volume or the point at which the manufacturer would be indifference between reps and an internal sales force. At this volume, how much would the manufacturer save, assuming the company had switched to an internal sales force? Report your answer in dollars. Your Answer:
The manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29. The savings achieved by switching to an internal sales force at double the breakeven volume can be calculated using the provided cost estimates.
To determine the sales volume at which the manufacturer would be indifferent between manufacturers' representatives and an internal sales force, we need to equate the costs of both options.
For the manufacturers' representatives:
Total cost = Commission + Fixed costs
Total cost = 7.9% of sales + $645,000
For the internal sales force:
Total cost = Commission + Fixed costs
Total cost = 3.0% of sales + $2,080,000
To find the sales volume, we set the total costs of both options equal to each other:
7.9% of sales + $645,000 = 3.0% of sales + $2,080,000
Subtracting 3.0% of sales from both sides gives:
4.9% of sales + $645,000 = $2,080,000
Subtracting $645,000 from both sides gives:
4.9% of sales = $2,080,000 - $645,000
4.9% of sales = $1,435,000
Dividing both sides by 4.9% gives:
sales = $1,435,000 / 4.9%
sales ≈ $29,285,714.29
Therefore, the manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29.
For the second question, we need to find the savings achieved by switching to an internal sales force at double the breakeven volume.
Assuming the breakeven volume is the sales volume at which the manufacturer would be indifferent, which is $29,285,714.29, we can calculate the savings.
Savings = Total cost with manufacturers' reps - Total cost with internal sales force
Savings = (8.8% of sales + $600,000) - (3.3% of sales + $1,750,000)
At the breakeven volume, the sales would be $29,285,714.29:
Savings = (8.8% of $29,285,714.29 + $600,000) - (3.3% of $29,285,714.29 + $1,750,000)
Calculating this equation will give the amount saved by switching to an internal sales force.
To know more about sales volume
https://brainly.com/question/29732841
#SPJ11
from the top of a lghthouse 100 meters high with its base at sea level, the angle of depression of a boat is 20 degrees. what is the distance of the boat from the foot fo the light house
The distance of the boat from the foot of the lighthouse is approximately 274.73 meters.
To determine the distance of the boat from the foot of the lighthouse, we can use trigonometry and specifically the tangent function.
Height of the lighthouse, h = 100 meters
Angle of depression, θ = 20 degrees
Let's denote the distance from the foot of the lighthouse to the boat as d. We can form a right triangle with the lighthouse height as the opposite side and the distance as the adjacent side to the angle of depression.
Using the tangent function:
tan(θ) = opposite / adjacent
In this case, tan(20°) = h / d:
tan(20°) = 100 / d
To find d, we can rearrange the equation:
d = 100 / tan(20°)
Using a calculator or trigonometric tables, we can evaluate the tangent of 20 degrees:
tan(20°) ≈ 0.364
Now, we can substitute this value back into the equation:
d ≈ 100 / 0.364
d ≈ 274.73 meters
learn more about Angle of depression here:
https://brainly.com/question/21137209
#SPJ11
12. ………… you there when the fire broke out ?
1) Are 2) Were 3) Will 4) Did
Answer:
Were
Explanation:
Have a good day
Hope I helped
Answer:
were
Explanation:
third person plural
K.Eckart had considered doing some advertising for her business costing $2500. She decided not to because in her type of industry, revenue increases resulting from advertising take a year to develop. If K.Eckart had, indeed, spent the money for advert what would have been her post closing capital account balance at the end of 2012?
Revenue account- $46,500
Expenses: Rent- $13,000
Salaries- $29,000
Utilities- $1,200
Depreciation- Equipment- $240
Professional fees- $1,100
The owner K.Eckart had a previous balance in the capital account of $23,500 and she withdrew $4,400 over the year from the business
If K.Eckart had spent the money for advertising, her post-closing capital account balance at the end of 2012 would have been $18,560.
K.Eckart's post-closing capital account balance at the end of 2012 if she had spent the $2,500 for advertising can be calculated as follows.
1. Calculate the total expenses including advertising:
Rent: $13,000
Salaries: $29,000
Utilities: $1,200
Depreciation - Equipment: $240
Professional fees: $1,100
Advertising: $2,500
Total expenses: $47,040
2. Calculate the net income:
Revenue account: $46,500
Total expenses: $47,040
Net income: $46,500 - $47,040 = -$540
3. Calculate the post-closing capital account balance:
Previous capital account balance: $23,500
Net income: -$540
Owner withdrawals: $4,400
Post-closing capital account balance: $23,500 - $540 - $4,400 = $18,560
K.Eckart post-closing capital account balance would have been $18,560.
Learn more about Capital account:
https://brainly.com/question/29437564
#SPJ11
To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
Learn more about the payroll register here:
https://brainly.com/question/24265652
#SPJ1
There are many costs associated with owning a car. Which of these is not something you'll need to pay for?
A
Maintenance.
B
Registration.
C
Inspection.
D
Arbitration.
The answer will be -B-
The cost is the defined amount or sum of money that is incurred in the firm from the stage of production to the stage of selling and distributing the goods and services to the market for the customers.
The correct answer is C Inspection.
Option C Inspection is correct because it does not incur any of the expenses while owning a car. This is because the inspection is done free of cost at the service center to look after the condition of the vehicle.
Options A, B, and D are the wrong ones because they are to be paid at a certain period of time because it is the expense that we incur while owning a car.
To know more about the costs while owning a car, refer to the link below:
https://brainly.com/question/5366815
The theory of _____ in which countries specialize in goods that have a lower opportunity cost, is citied by supporters of free trade
Answer:
comparative advantage
3. On 2 January 2019, the company obtained for free from the Malaysian government a license that allows the company to export goods to overseas for an indefinite period. On that date, the fair value of the permit was RM1,000,000. Since it is free, no record was made to account the license. The company adopts a revaluation model to measure the intangible assets. i. Refer to additional information (3), based on relevant accounting standard, discuss the choice of accounting policy for intangible assets i.e. MFRS 138 and MFRS 120. Also, explain the appropriate accounting treatment if the license is only for a period of ten years.
Based on the relevant accounting standard for the intangible assets i.e. MFRS 138 and MFRS 120, the company's choice of accounting policy for the license that was obtained for free from the Malaysian government on 2nd January 2019 that allows the company to export goods to overseas for an indefinite period.
Which has a fair value of RM1,000,000, will be revaluation model to measure the intangible assets. This is because the company can reliably measure the fair value of the license. However, no record was made to account for the license as it is free. The appropriate accounting treatment if the license is only for a period of ten years is to amortize it over the period of the license using the straight-line method under MFRS 138.
Hence, the carrying amount of the license will be systematically reduced over time until it reaches zero at the end of the license period. Note that the license is considered as a limited life intangible asset because it has a finite useful life. Therefore, the company has to amortize the license and recognize the amortization expense in the income statement each year. The license's initial cost is amortized over its useful life as it is a limited life intangible asset. The straight-line method is used to allocate the cost of the license to the periods that are benefited from its use.
To know more about accounting visit:
https://brainly.com/question/5640110
#SPJ11
The Revised Act permits a corporation to purchase, redeem, or otherwise acquire its own shares unless:
Answer:
The corporation's total assets after the distribution would be less than the sum of its total liabilities and the maximum amount that then would be payable for all outstanding shares having preferential rights in liquidation. The corporation would be unable to pay its debts as they become due in the usual course of its business.
Explanation:
a manager must contact osha when . potentially dangerous equipment such as a meat slicer is purchased the manager doesn't know where to obtain an msds the manager wants to start providing an eap there is a serious employee injury
A manager must contact OSHA when potentially dangerous equipment is purchased, when they need assistance in obtaining an MSDS, when they want to start providing an EAP, or when there is a serious employee injury.
A manager must contact OSHA (Occupational Safety and Health Administration) in the following situations:
1. When potentially dangerous equipment such as a meat slicer is purchased: OSHA should be contacted to ensure that the equipment meets safety standards and to obtain guidance on proper usage, maintenance, and training.
2. When the manager doesn't know where to obtain an MSDS (Material Safety Data Sheet): OSHA requires employers to have access to MSDS for all hazardous chemicals used in the workplace. If the manager is unsure of where to obtain the MSDS, they should contact OSHA for assistance.
3. When the manager wants to start providing an EAP (Emergency Action Plan): An EAP outlines procedures to follow in the event of emergencies like fires, natural disasters, or workplace violence.
It is important to contact OSHA to ensure that the EAP meets the necessary requirements and to get guidance on its development and implementation.
4. When there is a serious employee injury: OSHA requires employers to report serious employee injuries, illnesses, or fatalities.
If such an incident occurs, the manager must contact OSHA as soon as possible to report the incident and comply with OSHA's reporting requirements.
In summary, a manager must contact OSHA when potentially dangerous equipment is purchased, when they need assistance in obtaining an MSDS, when they want to start providing an EAP, or when there is a serious employee injury.
Learn more about Occupational Safety and Health Administration from this link:
https://brainly.com/question/19396943
#SPJ11
a) A man has $4.55 in change composed entirely of dimes and quarters. What are the maximum and minimum number of coins that he can have? Is it possible for the number of dimes to equal the number of quarters? (b) The neighborhood theater charges $1.80 for adult admissions and $.75 for children. On a particular evening the total receipts were $90. Assuming that more adults than children were present, how many people attended? (c) A certain number of sixes and nines is added to give a sum of 126; if the number of sixes and nines is interchanged, the new sum is 114. How many of each were there originally?
The man has a minimum of 14 coins and a maximum of 50 coins. It is not possible for the number of dimes to equal the number of quarters.
Let's assume the number of adult admissions is x and children's admissions is y. Therefore, the number of adults was greater than the number of children, and the total receipt was $90. Also, the theater charges $1.80 for adult admissions and $.75 for children.
Now, as per the given data, we can form two equations:
x + y = the total number of people (equation 1)$
1.80x + $0.75y = $90 (equation 2)
To solve these equations, we can multiply equation 1 with 1.80 and subtract it from equation 2.
Let's solve the equation:
(1.80x + 1.80y) - (1.80x + 0.75y) = 90 - (1.80 × total number of people)y = 3.6(total number of people - 50)
As the number of adults is greater than children,
the value of x is greater than y.
Also, the number of attendees cannot be a fraction, so we can try different values of y to find a suitable value that satisfies both the above conditions.
By substituting the value of y in equation 1, we can calculate the value of x.
Let's try different values of y:
y = 1, then x = 89y = 2, then x = 88y = 3, then x = 87y = 4, then x = 86
From the above calculations,
it is evident that y = 4, and x = 86 satisfy both conditions.
Hence, 86 adults and 4 children attended the show.
c)There were 45 sixes and 81 nines originally.
The steps to solve this problem are as follows:
Let the number of sixes is x and the number of nines be y.
Therefore, x + y = 126 (equation 1)6x + 9y = 1260 (equation 2)Dividing equation 2 by 3,
we get,2x + 3y = 420 (equation 3)Multiplying equation 1 by 2 and subtracting it from equation 3, we get:
y = 54Substituting the value of y in equation 1,
we get:
x + 54 = 126
Therefore, x = 72
Hence, there were 72 sixes and 54 nines originally.
If the number of sixes and nines is interchanged, the new sum is 114. Therefore, the number of sixes and nines interchanged were 54 and 72, respectively.
To know more about the equation visit:
https://brainly.com/question/28871326
#SPJ11
What three factors that had a negative impact on the financial performances of unibic in its early years?
Answer:
Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years
Explanation:
The three factors that negatively impacted the financial performances of unibic in its early years were as follows
a) The price of Unibic cookies was higher as compare to its other competitors.
b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic
c) Packaging, branding and marketing not as per the public requirement
Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
Learn more at:
https://brainly.com/question/15004115?referrer=searchResults
Customer relationship management is the use of information about customers to create marketing strategies that develop and sustain desirable customer relationships. true or false
Answer:
the answer for this question is true
A bank purchased a credit default swap from another financial institution to protect itself against the default of one of its borrowers. In this example, the bank is:.
Answer: Hedging
Explanation: because the bank is hedging when it purchases a credit default swap that is offering protection against the default of one of its borrowers.
When Mexico and the United States agreed to reduce and eliminate trade barriers, the countries demonstrated which of the following terms?
Economic integration
O Political stability
O Exchange rate
O Direct investment
you just won the $60 million ultimate lotto jackpot. your winnings will be paid as $3,000,000 per year for the next 20 years. if the appropriate interest rate is 6.3 percent, what is the value of your windfall?
If the appropriate interest rate is 6.3 percent, the value of your windfall is $33,587,182.07.
What is the present value?A future sum of money's present value is its current worth. The present value (PV), is the current value at a specific rate of return, of a future sum of money or stream of cash flows. Future cash flows are also discounted at the discount rate, so the higher the discount rate, the lower the current value of those future cash flows will be.
Hence the ability to compare values across time thanks to present value is a key benefit for investors. Investors can compute the present value of a security based on expected future returns, which is used in fields like financial modeling, stock valuation, and bond pricing.
Given:
N= 20 I/Y= 6.3%
PV= $33,587,182.07
PMT= -$3,000,000
PV = $3,000,000[(1 −1/1.06320)/.063] = $33,587,182.07
To learn more about present value, visit:
https://brainly.com/question/29586738
#SPJ4
Addison Company experienced an accounting event that affected its financial statements as indicated below: Assets Stockholders' = Liabilities + Equity Revenue + Expense Net Income Stat + + +Which of the following accounting events could have caused these effects on Addison's financial statements? Multiple Choice O Collected cash from accounts receivableO Earned revenue on accountO Collected cash from accounts receivable O Earned revenue on account O Issued common stock O Earned cash revenue
The following accounting event that the Addison Company encountered had an impact on its financial statements: Assets Stockholders' = Revenue + Expense Net Income Statue + + +, The right response is earned income on account.
Explain Which accounting event appears on Addison's financial accounts as a result of earned revenue on account?The following accounting event appears on Addison's financial statements as a result of earned revenue on account.
Accounting is a term used to refer to the measurement, processing, and verbal transmission of economic and non-economic data about financial institutions such as corporations and agencies. Accounting, also known as the "language of business," measures the results of an organization's financial activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators.
Professionals in accounting include accountants. The terms accounting and financial reporting are frequently used synonymously. Tax accounting, fee accounting, financial accounting, and control accounting are only a few examples of the several categories into which accounting can be split.
To learn more about accounting visit:
https://brainly.com/question/25161518
#SPJ4
What can a firm do to increase productivity in the short run once its marginal product is zero?.
Decrease the quantity of the input can a firm do to increase productivity in the short run once its marginal product is zero.
What can a firm do to increase productivity in the short run?A company must use more of a variable input in the short term to increase production. In this time, three relationships are very important. (The discussion that follows will assume that the only variable input is labor.) The whole amount of output produced is known as the total product (TP or Q).
The marginal product is zero when the total product is at its highest level. True. Marginal product is positive but declining when total product is growing at a slower rate. The law of diminishing marginal returns results in an increased slope in the short-run marginal cost curve.
To know more about marginal product, refer:
https://brainly.com/question/17084955
#SPJ4
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
Learn more about Communication at:
brainly.com/question/25645043
#SPJ4
development of regulatory mechanism in banking
Answer:
The development of regulatory mechanisms in the banking industry has been an ongoing process to ensure the stability and integrity of the financial system.
Explanation:
This includes the implementation of rules and guidelines for banks to follow, as well as the establishment of independent agencies to monitor and enforce compliance. Some examples of regulatory mechanisms in banking include the Basel Accords, which set international standards for bank capital and liquidity, and the Dodd-Frank Wall Street Reform and Consumer Protection Act, which introduced stricter regulations on banks in the wake of the 2008 financial crisis. The goal of these regulatory mechanisms is to protect consumers and investors, prevent financial fraud and abuse, and maintain the overall stability of the banking system.
To learn more about banking :-
https://brainly.com/question/848964?referrer=searchResults
https://brainly.com/question/29995737?referrer=searchResults
Judging is:
Select the best answer choice.
A.
One's openness and flexibility to new information
B.
Perceiving people
C.
Responding to what the world throws at an individual
D.
Imposing order on the outside world
Will mark BRAINLIEST!
What advantages would an AIS offer in using it for your personal finances?
A. help you to find profitable investment opportunities
B. help you accurately record your income and expenses
C. help you to print pretty charts and graphs
D. help you balance your checkbook
E. help you to spend less money
Answer:
B. help you accurately record your income and expenses
Explanation:
The advantages of advantage that an AIS would offer in using it for your finances is "it would help you accurately record your income and expenses."
The AIS otherwise known as Accounting Information System is a form of systemic structure in which a company or business financial data are gathered, stored, process, and accessed when needed to be used for business or financial decisions. It offers a high level of accuracy, security and easily accessible.
The journal entry a company uses to record accrued vacation privileges for its employees at the end of the year is:.
The record of accrued vacation privileges in Journal entry will includes a Debit of Cash& Interest Expense and Credit of Notes Payable
What is a Journal entry?The Journal entry helps to record all basic financial transaction.
In conclusion, the record of accrued vacation privileges in Journal entry will includes a Debit of Cash& Interest Expense and Credit of Notes Payable
Read more about Journal entry
brainly.com/question/14279491
Use the information below to answer the following questions. Fact 11.2.1 GM to Cut Production and Jobs General Motors will temporarily idle five U.S. assembly plants that build sedans and coupes, such as the Chevrolet Cruze, Cadillac CTS, and Chevy Camaro, as American motorists by the millions shift from passenger cars to utility vehicles and other light trucks. Source: The Toronto Star, December 21, 2016 Refer to Fact 11.2.1. The shutdown decision total fixed cost and total variable cost. Select one: A. decreases; decreases B. does not change; increases C. does not change; does not change D. increases; does not change E. does not change; decreases
The shutdown decision does not change total fixed cost and does not change total variable cost. The shutdown decision by General Motors does not change total fixed cost and does not change total variable cost.
Total fixed cost refers to the cost that remains constant regardless of the level of production or activity, such as rent, insurance, and salaries. Total variable cost, on the other hand, is the cost that varies with the level of production or activity, such as raw materials and labor.
In the given scenario, General Motors (GM) is temporarily idling five assembly plants due to a shift in consumer demand from passenger cars to utility vehicles and light trucks. This decision affects the production of sedans and coupes, which are experiencing reduced demand.
The shutdown of these assembly plants may not directly impact the total fixed cost as these costs are typically ongoing expenses that are not immediately affected by short-term changes in production. The fixed costs, such as facility maintenance and administrative expenses, will likely remain relatively stable during the shutdown period.
Similarly, the total variable cost may also not change significantly as it is influenced by the level of production. With the plants temporarily idled, there may be a reduction in variable costs associated with raw materials and direct labor, but these reductions may be offset by other costs that are still incurred even when production is paused.
The shutdown decision by General Motors does not change total fixed cost and does not change total variable cost.
To know more about cost visit:
https://brainly.com/question/28147009
#SPJ11
on july 1, costa rica adventures issues a $120,000, eight-month, 6% note. interest is payable at maturity. what is the amount of interest expense that the company would record in a year-end adjusting entry on december 31?
On July 1, Costa Rica Adventures issues a $120,000 eight-month bond at 6%. Interest is paid on the due date. Interest expense in the Year End Adjustment entry on December 31st would be $3,600. [Interest expense calculation: (120,000)(6/12)(0.06) = $3,600]
What is interest expense?Interest expense is the cost a company bears on borrowing money. It is a non-operating expense shown in the income statement. It represents interest paid on borrowings such as bonds, loans, convertible bonds, or lines of credit.
What interest is deductible?Types of interest deductions for personal deductions on Schedule A (Form 1040, Personal Deductions) : Eligible Mortgage Interest Rates (if you are the buyer) including Investment Interest (net investment income only).
Where is interest expense on the balance sheet?This is classified as long-term debt on the liability side of the company's balance sheet.
To learn more about interest expense visit:
https://brainly.com/question/24188794
#SPJ4
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
To know more about loan here-
https://brainly.com/question/11794123
#SPJ4