Chi Company had budgeted sales of $243,000. Actual sales amounted to $262,000. Which of the following items could have caused this result?
Chi lowered per unit sales price of its products.
Chi decreased the variable cost per unit of its products.
Chi increased its fixed cost.
Chi increased the number of units of product sold.

Answers

Answer 1

Chi Company had  budgeted sales of $243,000. Actual sales amounted to $262,000. Which of the following items could have caused this result? - Chi increased the number of units of product sold.

Sale = number of units of product sold*Unit Sale price

Sale could be increase either two of the following:

Increased the number of units of product sold or

Increased per unit sales price of its products

A sales budget is a economic plan that estimates a organization's overall revenue in a selected term. It makes a speciality of  things—the quantity of merchandise sold and the fee at which they are offered—to predict how the employer will carry out.

Budgeting in business is a technique of searching at a commercial enterprise' expected earning (the money that comes into the enterprise from selling services and products) and expenditures (the cash that is going out form paying charges and bills) over a particular length within the future.

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Related Questions

An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after a(n) ______ audit.

Answers

An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after an indepenfent audit.

What is independent audit?

An independent audit  can be described as the examination of the financial records, as well as the accounts, business transactions, accounting practices, as well as the internal controls of a charitable nonprofit by an "independent" auditor.

It should be noted that the  evaluation and unbiased opinion of the accuracy of a firm's financial statements is oner od the thing that can be associated to the indepenfent audit.

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How has information technology impacted the economy?.

Answers

The information technology creates the major growth, better economic policy in the economy

The term Information technology simply said that IT is the creation, process, storage, security, and sharing of all types of electronic data using computers, collection, connectivity, and various physical devices, infrastructure, and procedures.

Here we need to find the impact created by information technology on economy.

Here we have listed down the impacts as follows:

This one has allowed economists to better predict how resources should be allocated.

And this will also assisted governments to make better economic policy decisions.

Finally it helps in the expanded growth and outlook in information technology careers.

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advantages of recruiting senior managers from within the company ​

Answers

Answer:

Advantages of internal recruitment

Reduce time to hire. ...

Shorten onboarding times. ...

Cost less. ...

Strengthen employee engagement. ...

Create resentment among employees and managers. ...

Leave a gap in your existing workforce. ...

Limit your pool of applicants. ...

Result in inflexible culture.

Some advantages include:
1.You Already Know Internal Candidates
Explanation: External candidates for a job come with a significant amount of risk. Even when they come highly recommended from reliable sources, there’s still a chance that they’re not going to measure up, stick around, or fit the culture. According to a CareerBuilder survey, the average cost of a bad hire can be as much as $11,000 in small businesses (fewer than 500 employees) and up to $24,000 in large businesses (more than 1000 employees).
2. In-House Recruitment Costs Less to Hire
Explanation: A major benefit of hiring internally is that not only do you avoid a lot of the cost and risk of a bad hire, but you also save on other costs during the onboarding processes. Internal hiring reduces cost because you don’t have to post—and pay for—adds on job boards, use resume databases to find employees, or pay for background checks on internal hires. Presumably, if your internal hires needed a background check, they should already have one.
3. Internal Candidates Already Know the Company
Explanation: Likewise, internal candidates already know whether or not they like the company—they’ve already decided whether or not it’s worth sticking around. If they’re applying for an internal position, it’s usually a sign that they’re willing to invest more career time into your organization. Otherwise, they would be applying for jobs elsewhere. This means you’re less likely to have to replace them soon after hiring because the job, the team, or the organization wasn’t what they expected.
4. Internal Candidates Are Easier to Find
Explanation: In-house recruitment can be much easier. You can broadcast the open position to the whole company in minutes if you choose; then, interested employees know where to take their resume and information if they want to apply. While you may still see some unqualified candidates and have to do a little sifting, your options are usually far better, and the applications come in with much less effort.

state any five occupations in public service sector? Explain any one of them.​

Answers

Answer:

Explanation:

Public service simply refers to the services that are provided by the government. The examples of occupations in the public service sector include:

1. Firefighter

2. Law enforcement officer

3. Custom inspector

4. Military

5. Public health nurse

A law enforcement officer is a person that enforces law. They also help in protecting lives and properties.

darnell is planning to rent a booth at a trade show specifically for veterinarians. darnell’s company offers benefits like discounts on supplies, access to group health insurance, and other resources for self-employed veterinarians. judging by the number of veterinarians who are self-employed, what number of attendees at the trade show would most likely be interested in darnell’s booth?

Answers

The number of attendees that would most likely be interested in Darnell's booth is : 1 : 3

The question is all about the ratio of self employed veterinarians at the trade show to the total number of veterinarians at the trade show.

Number of self employed veterinarians = 20

Number of Veterinarians = 60

Total number of veterinarians = 60

number of self employed veterinarians = 20

= number of self employed / Total number of veterinarians

= 20 / 60

= 1 : 3  

Hence we can conclude that The number attendees that would most likely be interested in Darnell's booth is : 1 : 3.

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Read the graph.

A graph titled Renewable Energy Consumption by Source from 1949 to 2011 shows years on the x-axis, from 1950 to 2011, and Quadrillion B t u on the y-axis, from 0 to 4. The graph shows the usage for hydroelectric power, wood, biofuels, wind, and other. Hydroelectric power has the highest usage, and wind has the lowest usage.

Which power source has been least consumed?

wood
wind
biofuel
hydroelectric
Mark this and return

Answers

Based on the graph titled Renewable Energy Consumption, we can deduced that Wind energy is the power source which has been least consumed. The Option B is correct.

How is Wind energy an efficient power source?

Wind energy is a renewable energy source. It is non-polluting, infinite, and reduces the use of fossil fuels, which are the source of greenhouse gases that cause global warming.

Furthermore, wind energy is a "native" energy because it is available almost everywhere on the plant, which helps to reduce energy imports while also creating wealth and local employment. For these reasons, wind energy production and efficient use contribute to sustainable development.

For a wind turbine to be 100% efficient, all of the energy available in the wind would be converted into electricity. That is, all the energy in the wind would be transformed and the air would stop moving and this is not possible in practice because a rotor only spins if the wind passes over the blades.

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Which of the following is an example of a fixed asset?

A. Money in the bank

B. Accounts payable

C. Gross profit

D. Real estate

Answers

Answer:

D. Real estate

Explanation:

Fixed assets are physical resources belonging to a business. There are tangible and valuable items that a business owns. A firm uses fixed assets to generate income in the current and future periods.

Fixed assets have a useful life exceeding the current financial year. They are not meant for sale in the short run but to help a business generate income for many years to come. From the list provided, real estate is a fixed asset. Other examples of fixed assets include motor vehicles, machinery, and equipment.

Select the best answer for the question.
2. Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses?
O A. Finance
O B. Information Technology (IT)
C. Human Resources
O D. Visual Merchandising

Answers

Answer:

Human resources

Explanation:

Due to the severity of COVID 19 on households, the government of Australia announced Job Keeper Allowances to be given to the labour force that had lost employment. a. Examine the impact of Job Keeper Allowances during the COVID 19 recession on Australia's economy. (4 Marks) ANSWER a): b. Examine two reasons that could explain why the government of Australia terminated Job Keeper Allowances though COVID 19 still impacted Australia. (3 Marks)

Answers

The Job Keeper Allowances implemented by the government of Australia during the COVID-19 recession had a significant impact on the country's economy. It provided support to the labor force that had lost employment, helping to mitigate the adverse effects of the pandemic. However, the government eventually terminated the Job Keeper Allowances despite the ongoing impact of COVID-19.

The Job Keeper Allowances played a crucial role in supporting households and stabilizing the economy during the COVID-19 recession. By providing financial assistance to the labor force that lost employment, it helped to maintain consumer spending, prevent a significant decline in aggregate demand, and minimize the negative impact on businesses.

However, the government's decision to terminate the Job Keeper Allowances while COVID-19 continued to impact Australia could be attributed to two main reasons. Firstly, if the economic conditions were showing signs of improvement, such as a decline in unemployment rates and a gradual recovery of businesses, the government may have deemed it appropriate to phase out the allowances. This decision could indicate a level of confidence in the economic recovery.

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Is the accounting profession responded in a timely, comprehensive, and effective manner to stakeholders and business current challenges? Explain

Answers

Yes the accounting profession is responded in the way that it wwould take care of current business challenges.

What is the accounting profession?

This is the profession where financial analysis and other functions such as auditing are carried out.

The institution today is being structured in a way that it would still be able to meet the goals of the times that we are in.

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FINISH THIS SENTANCE
There was this blind man, right? He Was feeling his way down the street with this stick,

Answers

when he runs into a old dog who so happens to be a dog that guides blind people.

Can someone help me?

Can someone help me?

Answers

Michael Sears’ standard work is 35 hours at a rate of $8.675 per hour he earns time and a half for weekends hours this week he worked 3 extra hours on Sunday what is his total pay for the week

The two classifications used for assets and liabilities on the balance sheet are ______ and ______.

Answers

The two classifications used for assets and liabilities on the balance sheet are current and non-current.

What are assets and liabilities?

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a point in time.

Assets are resources owned by a business that is used to generate positive economic value to the business. Current assets are assets that can be converted into revenue within an accounting period which can be a year. Examples of current assets are inventory, account receivable, cash. Noncurrent assets are long term investments whose value would not be fully realised within one accounting period. An example of noncurrent asset is machinery.

Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions. Current liabilities are liabilities that would be paid within an accounting period. An example of account payable. Noncurrent liability are liabilities that would not be settled within an accounting period. An example is bond payable.

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From a consumer’s perspective, what are the advantages and disadvantages of personal selling? Explain.

Answers

In the customer level, personal purchases are helpful because you know next or nothing whatsoever about what you want, other than when you purchase a vehicle and need guidance about items such as forms and prices. However when you felt like you're really there to offer your cash, it can be disappointing on the part of the customer, not to really get anything out of the deal.

can someone please help me i need the sales analysis for covergirl. please help it's due in 30 minutes

Answers

HOW ABT the beach set.

If you take an assessment that measures your behavioral characteristics in certain situations, which inventory are you taking?

Answers

i think it’s personality

Why is it important for Operations Manager to act
Ethically? Provide an example to support your answer

Answers

It is important for Operations Manager to act ethically because ethical behavior is a crucial component of the success of any organization.

An ethical manager makes fair and just decisions based on a clear understanding of right and wrong, which can enhance an organization’s reputation and build trust among stakeholders. Unethical behavior, on the other hand, can be extremely costly to an organization, resulting in fines, legal action, damaged reputation, and loss of business.
Businesses that are ethical operate more efficiently and effectively. The ability to make ethical decisions in the face of challenging situations is critical for Operations Manager. This is because it promotes a sense of trust, transparency, and fairness throughout the organization. Ethical management can have a positive effect on all stakeholders, including employees, customers, shareholders, and society at large.
For example, in the United States, Enron is an example of a company that lacked ethical leadership and ended up in one of the largest corporate scandals in history. Operations Manager's should always make decisions based on principles of right and wrong to promote the success and growth of their company.

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Suggest 3 ways in which the municipality can effectively use transparency to involve the community in matter of service delivery. Also indicate in your answer how this can improve the ownership of service delivery and thus avoid the destruction of already built infrastructure during protest matches

Answers

The three ways in which municipality can effectively use transparency are openly communicate about service delivery plans, make data on service delivery available to the public and solicit feedback on service delivery.

What is service delivery?

Service delivery refers to the process of providing a service to a customer or client. It involves all aspects of the service, including its design, development, implementation, and ongoing support. Effective service delivery requires a combination of people, processes, and technology, and must be aligned with the needs and expectations of the customer. This includes understanding the customer's requirements, providing timely and accurate information, delivering the service in a timely and efficient manner, and following up with the customer to ensure their satisfaction. Service delivery can take many forms, including in-person interactions, phone and email support, self-service options, and more. Ultimately, successful service delivery requires a focus on continuous improvement, ensuring that the service remains relevant, effective, and valuable to the customer over time.

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Under which of the following circumstances would the govermment be running a deficit? a. G= $7 trillion T = $7 trillion TR = $3 trillion.
b. G= $7 trillion T = $7 trillion TR = $0
c. G= $5 trillion T = $5 trillion TR = $1 trillion.
d. G= $5 trillion T = $7 trillion TR = $1 trillion.

Answers

The government would be running a deficit under the following circumstance: d. G = $5 trillion, T = $7 trillion, TR = $1 trillion.

In this scenario, government spending (G) is $5 trillion, total tax revenue (T) is $7 trillion, and transfer payments (TR) are $1 trillion. When total tax revenue (T) exceeds government spending (G) and transfer payments (TR), the government runs a surplus. However, in this case, total tax revenue (T) is less than government spending (G) and transfer payments (TR), resulting in a deficit. A deficit occurs when the government spends more than it collects in revenue, leading to a negative budget balance.

A trillion is a numerical term representing a value of one followed by twelve zeros, equal to 1,000,000,000,000. It is a very large number in the decimal system and is often used to quantify large quantities or amounts in various contexts. The term "trillion" is commonly used in finance, economics, and government budgets to describe significant figures. It represents a magnitude of one million million or one thousand billion. Trillions are often used when discussing the size of national debts, GDP (Gross Domestic Product), market capitalization of companies, or the overall size of global economies.

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Fair Use has specific guidelines. Check all that apply. All are violations of Fair Use. Use for nonprofit This is correct. In addition, Fair use only applies when using work for school and education, news reporting, criticizing or commenting, comedy, and parody. Use it in a different way by reworking it Even though fair use only applies when using work for school and cducation, news reporting, criticizing or commenting, and comedy. and parody, it must still be reworded.

Answers

Fair Use has specific guidelines. Check all that apply. All are violations of Fair Use. Use for nonprofit.

Fair use is a legal doctrine that allows limited use of copyrighted material without seeking permission from the copyright owner. However, there are specific guidelines that need to be followed for a use to be considered fair. One such guideline is the use for nonprofit purposes. When a work is used for nonprofit purposes, such as education or research, it is more likely to be considered fair use. This means that if someone uses a copyrighted work in a nonprofit context, it can be considered a valid fair use.

Additionally, fair use also applies in other situations such as using the work for school and education, news reporting, criticizing or commenting, comedy, and parody. These purposes are considered transformative in nature and serve a public interest. When a work is used for any of these purposes, it can be deemed fair use, as long as the other factors of fair use are also taken into account.

However, it's important to note that even when using a work for one of the permissible purposes mentioned above, it must still be reworked or transformed in some way. Simply using a work verbatim or without any substantial changes would likely be considered a violation of fair use. Fair use is intended to promote creativity, innovation, and the free exchange of ideas, but it also aims to strike a balance between the rights of copyright holders and the public interest.

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what is the difference between product value and unique selling proposition?​

Answers

Answer:

USPs and value propositions often get confused

there under two different umbrella .

Keep in mind that your USP doesn’t have to revolve around a product detail (such as quality, features, or price). It can also call attention to a unique aspect of your business more broadly speaking (service, selection, speed, convenience, dependability, guarantees, customization, philanthropy, and so on).

Value propositions are longer statements than USPs because they express the tangible results or concrete outcomes (“benefits”) a customer experiences from using a company’s products or services. They serve to convince your target market they’ll get “value for their money” by describing exactly what that value is. 

Scott and Laura are married and file a joint tax return. Laura owns a sole proprietorship (not a "specified services" business) that incurs qualified business income of $300,000. The proprietorship pays W–2 wages of $40,000 and holds property with an unadjusted basis of $10,000. Scott is employed by a local school district. Their taxable income before the QBI deduction is $381,400 (this is also their modified taxable income What is their tentative QBI based on the W-2 Wages/Capital Investment Limit? 20,000 Determine their allowable QBI deduction. 75,000 X

Answers

Solution :

QBI           300000        W-2 wages      40000

Taxable    3814000      QBP                 10000

income

                                      W-2 limit

Phase                           greater of

out MFJ

Start          315000      50% of W-2       20000

Finish        415000    or 25% of W-2     10250

                                  + 2.5% of QBP

                                  Selected             20000     Being higher      As part 1

Taxable income above phase out

\($\frac{381,400-315000}{100000}$\)        66%

Now applying gross deduction and phase out

Gross deduction        Being 20% of QBI      = 66000

Less : wage limit of QBI                                 - 20000

Phase out %                                                     x 66%

Phase out amount                                           30,360

Final deduction = gross deduction- phase out amount

                         = 66,000 - 30,360

                         = 35,640

Which physical quantity measures what fraction of the input energy a machine actually converts into output energy?
ОА.
kinetic energy
ОВ.
power
OC. efficiency
OD
acceleration

Answers

Answer:

The answer is A because kinetic energy and potential energy are linked together

Explanation:

Answer:

The correct answer is efficiency

What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?

Answers

the sun being out causes children to come outside and “escape from their homes” to enjoy the sun. without the sun (rain or cloudy weather), children will most likely stay inside

FILL IN THE BLANK. Electrical forces ____.
(static electricity)
a. can cause objects to only attract each other
b. can cause objects to only repel each other
c. can cause objects to attract or repel each other
d. have no effect on objects

Answers

Electrical forces can cause objects to attract or repel each other.

Option C is correct.

Electrical forces are one of the fundamental forces of nature that govern the behavior of electrically charged particles, such as protons and electrons. These forces arise due to the interaction between the electrically charged particles and are responsible for the attraction or repulsion of particles.

The strength of the electrical force is determined by the magnitude of the charge on the particles and the distance between them. Like charges (i.e., positive-positive or negative-negative) repel each other, while opposite charges (i.e., positive-negative) attract each other. The magnitude of the force decreases as the distance between the particles increases.

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Contractor requirements define the functional or performance specifications for the project’s end product and other project deliverables. Group of answer choices False True

Answers

The statement "Contractor requirements define the functional or performance specifications for the project's end product and other project deliverables" is true.

Contractor requirements are an essential part of a project as they define the specific functional or performance specifications that the contractor needs to meet when delivering the end product and other project deliverables. These requirements outline the expectations and standards that the contractor must adhere to in order to successfully complete the project.

They serve as a guideline for the contractor's work and help ensure that the desired outcome of the project is achieved. By defining the functional or performance specifications, the contractor requirements provide clarity and alignment between the project owner and the contractor, ensuring that both parties have a shared understanding of what needs to be accomplished. Overall, contractor requirements play a crucial role in shaping the project's objectives and ensuring that the final deliverables meet the desired standards and requirements.

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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Why is creating an entrepreneurial team a good idea?

Answers

It's essential, therefore, that they can work together, communicate, and collaborate effectively. Building a team with fellow business professionals you respect and admire is importance

What causes the gross domestic product to go up?

A.) a rising unemployment rate
B.) more investment in businesses
C.) a reduction in exports
D.) less government spending

Answers

Answer: B

Explanation: No

More investment in businesses causes the gross domestic product to go up. Thus, option 'B' is the correct option.

What is the gross domestic product?

Gross domestic product (GDP) is a monetary indicator of the total market value of all the final commodities and services that nations generate and sell over a certain time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.

To compare living standards between countries, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. The contribution of each industry or sector to the overall GDP may also be quantified.

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Which type of advertising does a business use to enhance its image in the market and society?

Through (BLANK) advertising, businesses try to enhance their reputation in the market as well as society.

Answers

Answer:

Public relations

Explanation:

Public relations are the efforts of a company to create good relations between itself and society. It uses the media to relay positive messages about the company to society. Public relations is about creating a goods reputation for the company in the eyes of the community.

In public relations, a company engages in activities that promotes its image in society. It may sponsor sports events,  engage in charity work, or partner with the community in other social activities. When such activities are highlighted in the media, they create a good reputation for the company.

Answer:

Public relations

Explanation:

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