Answers
On the Bonita Company's July bank reconciliation, there should be $11900 in unpaid checks.
Define outstanding checks.A written check that hasn't been cashed, deposited, or otherwise cleared by the bank is referred to as an outstanding check. A past-due check may be owed for either personal or business purposes.
If the payee does not cash or deposit the check, it becomes unpaid. This shows that it doesn't clear the payor's bank account and doesn't show up on the statement at the end of the month. The check has not yet been paid, which demonstrates that the payor is still liable.
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Related Questions
What are some of the advantages and disadvantages of buying a home compared to renting.
Answers
well with buying a home you are stuck with it you cant just move out but with renting you can say ohh im moving and you can give them your key and get out its really not that bard
An incomplete cost of goods manufactured schedule is presented below.
Complete the cost of goods manufactured schedule for Riverbed Company. Assume all raw materials are direct materials.
Work in process (1/1)
$222,600
Direct materials
Raw materials inventory (1/1)
$enter a dollar amount
Add: Raw materials purchases
168,000
Total raw materials available for use
enter a total of the two previous amounts
Less: Raw materials inventory (12/31)
24,500
Direct materials used
$190,800
Direct labor
enter a dollar amount
Manufacturing overhead
Indirect labor
19,600
Factory depreciation
37,900
Factory utilities
72,600
Total overhead
130,100
Total manufacturing costs
enter a total amount for the first part
Total cost of work in process
enter a total amount for all two parts
Less: Work in process (12/31)
85,600
Cost of goods manufactured
$572,400
Answers
Completing the Cost of Goods Manufactured Schedule for Riverbed Company is as follows:
Cost of Goods Manufactured ScheduleWork in process (1/1) $222,600
Direct materials:
Raw materials inventory (1/1) $ 47,300
Add: Raw materials purchases 168,000
Total raw materials available for use $215,300
Less: Raw materials inventory (12/31) 24,500
Direct materials used $190,800
Direct labor $114,500
Manufacturing overhead:
Indirect labor 19,600
Factory depreciation 37,900
Factory utilities 72,600
Total overhead 130,100
Total manufacturing cost $658,000
Total cost of work in process $658,000
Less: Work in process (12/31) 85,600
Cost of goods manufactured $572,400
What is the Schedule of Cost of Goods Manufactured?The Schedule of Cost of Goods Manufactured shows the costs of:
Beginning Work in ProcessRaw materials usedDirect laborOverheadLess Ending Work in Process.Thus, the Schedule of Cost of Goods Manufactured for Riverbed Company shows that the cost of goods manufactured for the period is $572,400.
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What companies value comparative advantage in their business decisions?
Answers
A favorable environment for producing a certain type of good gives a company a comparative advantage in producing that good.
What is an comparative advantage?The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading partners is referred to as comparative advantage. The concept of comparative advantage is used to explain why companies, countries, or individuals benefit from trade.
A variety of factors influence comparative advantage. A comparative advantage allows a company to lower its finished product prices, potentially leading to more sales. Before designing and manufacturing products, a company should determine which ones have a comparative advantage.
Therefore, companies value favorable environment as an comparative advantage in their business decisions.
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Outline and describe the main types of Communication in your own words. Give one practical example for each type to support your discussion.
Answers
Answer:
There are four main types of communication: verbal, nonverbal, written, and visual.
1. Verbal communication involves the use of words to convey a message. This can be done through spoken or written language. Verbal communication can be formal or informal, and it is often used in face-to-face conversations, meetings, presentations, and interviews. A practical example of verbal communication is a teacher giving a lecture to a classroom full of students.
2. Nonverbal communication involves the use of body language, facial expressions, and other nonverbal cues to convey a message. This can include gestures, eye contact, posture, and tone of voice. Nonverbal communication is often used in conjunction with verbal communication to reinforce a message or convey meaning. A practical example of nonverbal communication is a job interview, where the interviewer may use body language to convey their interest or disinterest in a candidate.
3. Written communication involves the use of written words to convey a message. This can include emails, memos, reports, and letters. Written communication is often used in business and academic settings, where a permanent record of the communication is required. A practical example of written communication is a business proposal that is sent to a potential client.
4. Visual communication involves the use of images, graphics, and other visual aids to convey a message. This can include charts, diagrams, videos, and photographs. Visual communication is often used in advertising, marketing, and design, where visual impact is important. A practical example of visual communication is a billboard that advertises a new product.
In summary, each type of communication has its own strengths and weaknesses, and they are all important in different contexts. Effective communication requires a combination of these four types, depending on the situation and the message that needs to be conveyed.
2. The demographics of your target market are likely to
over the course of
years
Answers
The demographics of your target market are likely to change
over the course of years.
What is demographics?Marketing demographics are variables like as age, geographic region, education level, employment, income, and so on that are used to categorize and segment a market. Marketing demographics make use of readily available information.
The statistical study of human populations is known as demography. Demographers evaluate population number, mobility, and structure using census data, surveys, and statistical models.
Demographic traits are easily discernible. Age, gender, family situation, education level, income, occupation, and race are just a few examples.
Hence, these traits change over time.
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Advise business on the role of intermediaries in the distribution process.
Answers
Intermediaries, in business and marketing, are those that act as a middleman between the producer and the consumer. The role of intermediaries in the distribution process of goods and services is to ensure that products and services are moved from the producer to the consumers.
There are several types of intermediaries in the distribution process, including wholesalers, retailers, agents, and brokers. They play a crucial role in the distribution process in the following ways:
Assist in Sorting and Selection: Intermediaries help producers to sort and select their products, which saves time and money for producers.Assist in Breaking Bulk: Intermediaries buy goods in large quantities from producers and then break them into smaller quantities. This makes it possible for producers to sell their products in smaller quantities, making it possible for consumers to afford them.Helps in Transporting Goods: Intermediaries help in transporting products from producers to consumers by offering transportation services at lower costs. They also assist in the warehousing of goods, which helps in the storage and protection of goods.Assist in Financing: Intermediaries play an important role in financing. They buy goods from producers, hold them, and then sell them to consumers. This helps to reduce the risk of loss for producers by providing cash up front for goods sold. They also offer credit facilities to consumers, which makes it possible for them to buy goods without having to pay cash upfront.Help in Providing Information: Intermediaries help to provide information about products and services to consumers, making it easier for them to make informed decisions. They also help to provide feedback to producers about the quality of their products and services.For more such questions on marketing
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Given all of this information about observation and assessment, you may wonder how this works on a day-to-day basis. Think about your experiences in a classroom, either as a student, a volunteer, a teachers’ aide, or a teacher. What kinds of observation opportunities existed? How do you think children were assessed? How was this information used?
Answers
Classroom observations are important as they provide additional feedback, create a culture of improvement, and provide greater insight into students.
The observation method simply means the human or mechanical observations of the things that people do. Some of the classroom observations include learning walkthrough, supervisory walkthrough, and goal setting.
Children can be assessed by looking at how they behave and studying them. The information gotten is essential as it can provide the teachers with the necessary details to help the students improve academically.
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. A requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When steps listed are unclear or misleading
When it requests for an app to be tested
Answers
A requested task may be subject to be reported in any of the cases listed, depending on the specific details of the task and the circumstances involved.
A requested task may be subject to be reported in the following cases:
When requesting a screenshot:
The task requester may be reported if the request involves sharing sensitive information or may violate the terms of service of a website or application.
When it is asking for 3 proofs:
The task may be reported if the task requester requests three proofs or more, which may seem excessive or compel the user to take steps that are against the terms of service.
When steps listed are unclear or misleading:
If the task's described stages are unclear, lacking, or deceptive, errors or inaccurate results may follow, and the task may be reported.
When it requests for an app to be tested:
It may be reported if the assignment calls for testing an app that might be infected with malware or violate the app store's terms of service.
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The ______________ of an excise tax depends on the ________ of the taxed good's supply and demand curves.
Answers
The incidence of an excise tax depends on the price elasticity of the taxed good's supply and demand curves.
How really do extract charges influence the stockpile bend?
One of the six factors that affect supply is the tax on excise. Hey, move the supply curve to the left, increasing the equilibrium price while decreasing the supply. The supply curve will change until the tax equals the vertical distance between the two curves.
Expense Tax A tax on the sale of a product or service is called an excise tax. The excise tax creates a gap between consumers' and producers' prices, resulting in a reduction in transaction volume.
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The kitchen station that is responsible for decorative sugar is
called the
A. pastry.
B. grill station.
C. sauté station.
D. garde-manger.
Answers
The kitchen station that is responsible for decorative sugar is usually called the pastry station or the pastry department. Therefore, the correct answer is Option A.
What is Pastry Station?The pastry station is responsible for preparing a wide range of baked goods, desserts, and pastries, which may include items such as cakes, cookies, bread, and of course, decorative sugar work. This station is often equipped with specialized tools and equipment, such as mixers, ovens, pastry bags, molds, and decorating tools, to assist in the preparation and presentation of the various pastries.
The pastry chef or baker in charge of the pastry station is responsible for creating and presenting high-quality desserts and pastries that meet the restaurant or bakery's standards and customer expectations. The other stations mentioned, including the grill station, sauté station, and garde-manger, typically have different responsibilities related to preparing and cooking food in a restaurant or commercial kitchen.
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This answer wasn't correct last time sadly so I'm not sure how to correctly do the problem. Here's the screenshot detailing it
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Based on the benefits that John Cotton receives from his employer, the taxable benefits for 2021 will be $0.
Which benefits are taxable?Personal protective equipment are tax exempt because they are treated as Medical expenses.
Employer-provided cell phone allowances are not taxable if used for business purposes. Meals are also tax exempt when the employer provides it inside business premises.
No benefit is therefore taxable.
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Miao Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 2,980 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue − $39.80 Personnel expenses $26,500 $12.30 Medical supplies 1,400 8.20 Occupancy expenses 8,200 1.00 Administrative expenses 5,300 0.40 Total expenses $41,400 $21.90 Actual results for July: Revenue $114,494 Personnel expenses $60,564 Medical supplies $26,936 Occupancy expenses $10,980 Administrative expenses $6,192 The administrative expenses in the planning budget for July would be closest to:
Answers
Ronaldo’s manager told him, “Preliminary data suggest that our new fuel produces less air pollution than conventional fuels. However, we need to understand the total environmental impact of its production and use. I want you to perform a(n) ________ to quantify the total use of resources and total environmental releases, ‘cradle-to-grave,’ associated with our new fuel.”
Answers
An LCA life cycle assessment is the best solution.
What exactly is LCA?Life cycle assessment (LCA) is a procedure for evaluating the environmental risks associated with all stages of a retail venture, process, or service's life cycle. In the case of a manufactured product, for example, environmental impacts are evaluated from the extraction and processing of raw material (cradle), through manufacturing, distribution, and use, to recycling or disposal practices of the materials that comprise it (grave).
An LCA study includes a thorough inventory of the energy and materials required across the industry value chain of the product, process, or service, as well as the calculation of the corresponding emissions to the environment.
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A business owner decides to give all her employees a living wage and benefits, including any new employees.
Which social responsibility stance did the business owner demonstrate?
Answers
Answer:
Proactive stance.
Explanation:
In Business management, social responsibility can be defined as an organization's obligation to act in a manner that benefits and adds significant value to the society and the people, usually as it conducts its business operations.
Hence, in addition to making profits and maximizing shareholders, organizations are required to lessen negative environmental impact or degradation and provide social amenities such as pipe-borne water, electricity, roads etc. It is also referred to as corporate social responsibility (CSR).
In this scenario, a business owner gave all her employees a living wage and benefits, which is also applicable to any new employees. Thus, the social responsibility stance which the business owner demonstrate is proactive stance.
A proactive stance can be defined as voluntary business practices adopted by an organization or business firm beyond the standard regulatory practice, so as to actively enhance and facilitate growth and development in a society.
Suzy works for a company that markets timeshare condos on beach resorts in Mexico. Her job is to phone consumers and invite them to a free weekend at one of her employer's beach resorts. The only catch is that visitors are obliged to take a tour and listen to a presentation about investing in a timeshare. Which orientation is Suzy's company exhibiting?
Answers
Answer:
Sales orientation
Explanation:
Sales Orientation is a business approach of making profits by focusing on persuasion of people to buy the products instead of understanding the customer needs
1.Explain the difference between the following terms: input, output, outcome, efficiency, and effectiveness. How are they used collectively to evaluate a program or process?
2.What lessons can we take from Walt Disney in respect to the importance of CQI?
3.What impacts could you see from your organization embracing a quality program?
4. How does strategic planning and quality improvement complement one another?
Answers
An organization's long-term goals and objectives are defined and a plan for achieving them is developed through strategic planning. It involves conducting a SWOT (strategic strengths, weaknesses, opportunities, and threats) analysis of an organization's current situation and devising plans to achieve its desired objectives.
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Briefly summarize each of the different student aid types that are available to you as a
prospective college student.
1. What is the difference between a grant and scholarship?
2. How do these differ from the Federal Student Loan options?
3. What is the key difference between Subsidized and Unsubsidized student loans?
4. Which of these aid types should you
be looking for, and why?
Answers
1. Grants and scholarships are both forms of student aid that do not need to be repaid. Grants are usually given to students who demonstrate financial need, while scholarships are usually merit-based.
2. Federal student loans are a form of student aid that must be repaid. These loans are based on the borrower’s financial need.
3. Subsidized student loans are loans where the government pays the interest while the student is in school. Unsubsidized student loans are loans where the student is responsible for the interest while in school.
4. Students should look for all forms of student aid that are available to them, including grants, scholarships, and federal student loans. Different aid types have different criteria and may be more or less beneficial depending on the student’s individual financial situation.
what is micro environment
Answers
The middle layer of elements in a firms external environment, primarily concerned with a firms industry situation.
The micro marketing environment consists of certain forces that are part of an organisations marketing process, but remain external to the organisation. This micro marketing environment that surrounds organisations can be complex by nature, however, the company has an element of control over how it operates within this environment.
As a corporation, you want to distribute money to shareholders as a dividend. If the dividend is taxed at a rate of 20% and the dividend is $1 per share, how much money will a shareholder of 10,000 shares get after-tax? a) $8,000 b) $8,250 c) $8,400 d) $9,000
Answers
Answer:
a) $8,000
Explanation:
The tax rate is 20% of the dividend. If the dividend is $1 per share, the actual tax per share is 20 percent of $1.
=20/100 x $1
=0.2 x$1
=20cents per share
A shareholder will receive $1- 20 cents as dividends per share
=80 cents or $0.80 per share.
A shareholder with 10,000 shares will get
=10,000 x $.80
=$8,000
Answer:
$8000
Explanation:
Road Master Shocks has 15,000 units of a defective product on hand that cost $80,000 to manufacture. The company can either sell this product as scrap for $6 per unit or it can sell the product for $9 per unit by reworking the units and correcting the defects at a cost of $40,000. Prepare a schedule to show the effect of selling the defective units as scrap or rework.
Answers
Answer:
If the units are reworked, net income will increase by $5,000.
Explanation:
Giving the following information:
Number of units= 15,000
Sell as-is:
Selling price= $6 per unit
Rework:
Selling price= $9
Total cost= $40,000
The original production costs ($80,00) should not be taken into account because they remain constant for the two options.
Now, we will determine the effect on the income of both choices:
Sell as-is:
Effect on income= 6*15,000= $90,000 increase
Re-work:
Revenue= 15,000*9= 135,000
Total cost= (40,000)
Effect on income0 $95,000 increase
If the units are reworked, net income will increase by $5,000.
Hellppp ASAP please I need help with business I have another question to
Answers
Answer:
Well what are the options
What misconceptions should Juanita correct during her meeting with Bill?
Answers
Misconceptions should Juanita correct during her meeting with Bill are - The misconception that a low stock price indicates a bad investment, The misconception that diversification is unnecessary, The misconception that investing in individual stocks is the only way to invest.
1. The misconception that a low stock price indicates a bad investment: Bill seems to believe that because the company's stock price is low, it must be a bad investment. However, stock price alone does not indicate the quality of an investment. There could be many factors affecting the stock price, such as market conditions or industry trends. Juanita should explain to Bill that it is important to look beyond the stock price and evaluate the company's financials and fundamentals before making an investment decision.
2. The misconception that diversification is unnecessary: Bill seems to believe that investing in only a few companies is sufficient and diversification is unnecessary. However, investing in only a few companies can expose an investor to significant unsystematic risk, which can be mitigated by diversification. Juanita should explain to Bill the benefits of diversification, including reducing risk and potentially increasing returns.
3. The misconception that investing in individual stocks is the only way to invest: Bill seems to believe that investing in individual stocks is the only way to invest. However, there are many other investment options available, such as mutual funds, exchange-traded funds (ETFs), and index funds. Juanita should explain to Bill the different investment options available and help him identify which option is best suited to his investment goals and risk tolerance.
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If Suzie writes a check for a new car, she is using money as a
Answers
Answer:capital
Explanation:
In business if you use your money from it, it's your capital equity your using
I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high school, but I have won awards in the past like in middle school and elementary school. Can I include some of them on to my resume? Please help!!
Awards that I have won are mvp (middle school) leadership (elementary)
Answers
To create an effective resume, you must explain your educational and professional experiences. If you are still a student looking for your first professional opportunity, a good way to attract the attention of recruiters is to include your awards won in the educational environment on your resume.
How to create a good resume?Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:
Keep your CV objective and conciseReview your personal dataHighlight your personal achievementsBe honest about the information providedInclude your volunteer workTherefore, for a student to create an effective curriculum, the inclusion of awards and achievements from student life will attract the attention of the recruiter by showing interest, dedication and perspectives of the candidate, being a great opportunity to win a job.
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Then create a newspaper article/blog post/video (information/explanatory writing) to explain the factors a
consumer should consider when buying an automobile.
Answers
A self-propelled passenger vehicle for land transport that typically has four to eight tyres and is powered by an internal combustion engine or an electric motor. Automobile engineering refers to the branches of engineering that deal with the design and manufacturing of automobiles.Automobiles now play a significant role in our lives, which cannot be imagined without the modern world's luxuries. Because the automobile is used for both passenger and cargo transportation, it is a human lifeline. An automobile is a human-controlled vehicle that is not driven by humans.The number of doors, the arrangement of seats, and the roof structure are frequently used to categorise automotive body designs. Roofs on automobiles are traditionally supported by pillars on each side of the body.
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You plan to retire in 30 years and you are investing $250 per month in the BMO Large-Cap Growth mutual fund. The fund has an average annual return of 13.45%. How much will you have at retirement?
Answers
Accumulated Balance is given by :
\(A=P\dfrac{(1+i)^n-1}{i}\times (1+i)\)
Here,
n = time period = 30×12 = 360.
\(i=\dfrac{13.45}{100}\times \dfrac{1}{12}=0.0112\)
P = principal price = $250.
Putting all given values in above equation, we get :
\(A=250\times \dfrac{(1+0.0112)^{360}-1}{0.0112}\times (1+0.0112)\\\\A=\$1221659.48\)
Hence, this is the required solution.
Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,500 Oct. 31 Goods finished X 31 Direct materials 91,700 31 Direct labor 186,600 31 Factory overhead X Finished Goods Oct. 1 Balance 14,600 31 Goods finished 343,900 If the balance of Work in Process on October 31 is $210,600, what was the amount of factory overhead applied in October?
Answers
Answer:
See below
Explanation:
Given the above, we will use the below to get the factory overhead
Ending finished goods = Opening balance + Direct materials + Direct labor + Factory overhead - Goods finished during the month
Fixing the values, we will have
= $14,600 + $91,700 + $186,600 + Factory overhead -
1. Aflac Duck
O Trademark
O Patent
O Copyright
Answers
what is business management
Answers
Business management is the process of organizing, planning, leading, and controlling the resources of an organization to achieve its goals and objectives.
Business management involves coordinating human, financial, and technological assets to ensure the organization's success. In business management, managers develop strategies, implement policies, and make decisions to direct the operations of the company. They also monitor performance and make necessary adjustments to achieve desired outcomes. Key components of business management include strategic planning, operational management, human resource management, financial management, and marketing management. By effectively managing these elements, business managers help organizations maximize profits, maintain a competitive edge, and create a sustainable growth path. Overall, business management is crucial for the success and growth of any organization, as it allows for the efficient utilization of resources and the achievement of strategic objectives.
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What are five creative ways for a small business with a low budget to advertise and promote its products or services using the latest developments in communications and Internet technology?
Answers
These flyers, advertisements, coupons, promotional videos, and websites are five creative ways for a small business with a low budget to advertise and promote its products or services using the latest developments in communications and Internet technology.
What is a Technology?Technology, or as it is occasionally referred to, the modification and management of the environment, is the application of knowledge of science to the practical goals of human life.
Publish a website. If you have an internet presence, prospective customers can find you there.
Be familiar with social media.
Provide coupons.
Make an advertisement video.
Build an email list.
One may not only increase revenue by rewarding customers who send in their flyers with incentives or coupons.
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