During the month of march, Sid, paid on salary, worked 35 hours the 1st week, 40 hours the 2nd week, 40 hours the 3rd week and 45 hours the 4th week
Answers
During the month of march, Sid, paid on salary, worked 35 hours the 1st week, 40 hours the 2nd week, 40 hours the 3rd week and 45 hours the 4th week and this is called fixed salary.
What is the fixed salary about?If Sid is paid on salary, it means that he is paid a fixed amount each month regardless of how many hours he works. Therefore, the number of hours he works each week would not affect his pay.
If Sid is paid an hourly wage, then the number of hours he works each week would affect his pay.
For example, if Sid's hourly wage is $20 and he worked 35 hours the first week, 40 hours the second week, 40 hours the third week, and 45 hours the fourth week, his total pay for the month of March would be $20 x 35 hours
= $<<2035 =700>>700 for the first week,
$20 x 40 hours = $<<2040=800>>800 for the second week,
$20 x 40 hours = $<<2040=800>>800 for the third week,
$20 x 45 hours = $<<2045=900>>900 for the fourth week,
For a total of $700 + $800 + $800 + $900 =
$<<700+800+800+900=3200>>3200 for the month of March.
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During the month of march, Sid, paid on salary, worked 35 hours the 1st week, 40 hours the 2nd week, 40 hours the 3rd week and 45 hours the 4th week. What is this called
Related Questions
ryan has $1,700 that he can use for food. his college cafeteria sells only pizzas (p) and salads (s). one pizza costs $5. one salad costs $10. ryan's utility function is as follows where p is the number of pizzas and s is the number of salads. your task is to predict how many pizzas and how many salads will ryan buy. (a) select the correct statements select one or more: a. ryan likes pizza more than salad b. pizzas provide constant marginal utility to ryan. c. salads provide constant marginal utility to ryan. d. the marginal utility of both goods is positive e. the marginal utility of salad is diminishing. f. ryan's feasible frontier is 5p 10s
Answers
The correct answer: a. ryan likes pizza more than salad , d.the marginal utility of both goods is positive , and f ryan's feasible frontier is 5p 10sfor the given question.
Explanation: A is correct because Ryan's utility function shows that he likes pizza more than salads. D is correct because the marginal utility of both goods is positive, meaning that as Ryan purchases more of either good, his utility will increase. Finally, F is correct because Ryan's feasible frontier is 5p + 10s, meaning that he can buy up to a maximum of p pizzas and s salads with his $1700 budget.
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Which of these terms means "paying to communicate with potential clients about your company"? A. Customer support. B. Marketing. C. Advertising. D. Community outreach.
Answers
Marketing means "paying to communicate with potential clients about your company." The correct answer is option B.
Marketing is the action of selling a product or service. Marketing refers to all of the activities that a company does to increase customer demand for a product or service. This includes advertising, selling, and promoting. Businesses must constantly advertise their products to increase sales, attract new customers, and increase brand awareness. In a nutshell, marketing entails promoting a product or service to consumers.
Marketing is a significant aspect of any business because it helps in expanding the customer base and increasing profits. A company's success depends on how well they can market their products or services. To be effective, marketing must be well-targeted, relevant, and appealing to the target market. A company that markets its goods and services well has a better chance of gaining loyal customers and expanding its reach.
Marketing can take many forms, including advertising, direct marketing, public relations, and online marketing. Marketing activities must be aligned with a company's overall marketing strategy. A well-planned and executed marketing strategy can help businesses achieve their goals.
A strategy will assist you in identifying your target market and how best to communicate with them. In short, marketing is a set of strategies aimed at promoting products or services to consumers through various channels such as advertising, sales promotion, public relations, and direct marketing. Marketing is an essential part of any business, and it helps businesses reach new heights.
Hence, option B is the right choice.
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A country wants to create a fair economy for its people. The government takes control over the country's biggest companies and puts groups of workers in charge. All citizens are encouraged to share the wealth produced in these companies equally, This situation best reflects the influence of which economic thinker? O A. Adam Smith O B. Karl Marx O C. John Maynard Keynes O D. Thomas Robert Malthus
Answers
Answer:
B). Karl Marx
Explanation:
Karl Marx is the economic thinker whose influence has been best reflected in the given situation as it talks about socialism which is the intermediate phase between capitalism and attaining full communism as per Marx. Socialism advocates collective pr governmental ownership and administration of the means of production and distribution of goods as mentioned in this situation. It is the foundation to communist society (Marx's proposed version of an ideal economy) where the people hold the ownership of distribution of resources collectively. Thus, option B is the correct answer.
A record of income and expenditures for a given period of time is called a/an:
Interest
Budget
Credit
Investment
Answers
A record of income and expenditures for a given period of time is called a BUDGET.
What are the 4 steps in the process of stakeholder analysis?
Answers
Identification of the stakeholders, clarification of the interests and influence of stakeholders, agreement on the process of interaction between stakeholders, and management of the relationship with stakeholders are the four steps in the stakeholder analysis process.
Stakeholder analysis should be done carefully. It is a crucial factor in determining how effectively a project may be carried out and how effectively it is anticipated to produce outcomes. Your project is guaranteed to succeed if you have the correct internal and external stakeholders working in your favour.
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what’s the bestselling movie soundtrack of all time?
Answers
Answer:
The Bodyguard is the bestselling movie soundtrack
What are some exceptions to the federal minimum wage?
Answers
Answer:
Explanation:
It keeps the states from setting the minimum wage at less than that amount. States can choose to set their state minimum at a higher amount, but not a lower amount.
Often states with a higher minimum wage, set it higher because the cost of living is higher in some states than others. If the cost of living is the same or lower than the federal, the states often do not pay more than the federal amount.
Answer:
There are many exceptions to the federal minimum wage, each pertaining to a different area including, but not limited to, State Laws (which typically have their own legislations), Workers with Disabilities, Youth workers, Tipped workers (servers, hosts, etc.), among many others.
Explanation:
Check out the article found at the link below to find a more thorough explanation of each of the exceptions I mentioned, and more. I am not sure of the age of the article, but all of the information I was able to see was still relevant.
https://work.chron.com/exceptions-minimum-wage-laws-19497.html
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One reason firms carry inventory is to ______, that is, to use inventory as a buffer between successive internal operations to avoid disruption in the event of equipment breakdowns or accidents.
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One reason firms carry inventory is to use inventory as a buffer between successive internal operations
What is inventory?Inventory involves taken records or account of raw materials or resources that are used to produce goods .
It also involves taken account of goods that are available for sale, it helps to know and plan ahead of Productionm
Therefore, One reason firms carry inventory is to use inventory as a buffer between successive internal operations.
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What Economic Issue arises in this graphic due to the Max Price being below Equilibrium?
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As u asked in ur question which food we should have before exercise : ANSWER is - Option (B)
cross check if u have doubt it's correct..
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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A promissory note: Multiple Choice Is a short-term investment for the maker. Is a written promise to pay a specified amount, usually with interest, either on demand or at a stated future date. Is a liability to the payee. Is created when a company sells its receivables to a finance company or bank. Cannot be used in payment of an account receivable
Answers
A promissory note is a written promise to pay a specified amount, usually with interest, either on demand or at a stated future date.
What is a promissory note?A promissory note is a debt instrument used by the note issuer to promise payment to the payee. The amount promised is ususally a definite amount of money and the date is usally specified. A promissory note is also known as notes payable.
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Social media listening falls under which of the following types of research?
Select one:
a. Ethnographic research.
b. Netnography research.
c. Sentiment research.
d. Observational research.
e. Survey research.
Answers
Social media listening falls under the type of research called "Netnography research". The type of research method it is gives access to allow individuals to observe the online communities, comprehend the various sentiments and moods among the people, and then develop a main answer from the research.
Explanation:Netnography is a research methodology that includes the study of online communities. In other words, netnography is the technique of ethnography utilized to investigate computer-mediated communication and social interaction in online communities. It is a form of qualitative research used to analyze online communities and the communication that takes place there.Netnography is utilized by social media analysts and marketers to gather data on their brand or product and understand the opinions and sentiment of their target market.Social media listening falls under the type of research called "Netnography research". It is an observational research method that involves taking notice of how people interact with online communication tools.
Social media listening is an approach that focuses on gathering data from social media. Netnography is a research methodology that includes the study of online communities. In other words, netnography is the technique of ethnography utilized to investigate computer-mediated communication and social interaction in online communities. It is an observational research method that involves taking notice of how people interact with online communication tools.
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From the different types of research that we have, we can say that Social media listening falls under d. Observational research.
What is Observational research.Social media listening involves monitoring and analyzing conversations, discussions, and mentions of a brand, product, or topic on social media platforms. It is a method of observing and gathering information from social media channels.
Observational research involves systematically observing and recording behaviors, events, or phenomena without manipulating or intervening in the natural environment. In the case of social media listening, researchers observe and analyze the content and conversations happening on social media platforms without directly influencing or controlling them.
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consider a series $1.499 annual cash flows that goes on forever, with the first cash flow occuring one year from today. If the discount rate is 6% what is present value of this series of cash flows?
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To calculate the present value of a perpetuity, which is a series of cash flows that continues indefinitely, we can use the formula:PV = CF / r
Where PV is the present value, CF is the cash flow, and r is the discount rate.
In this case, we have a perpetuity with a cash flow of $1.499 occurring annually starting one year from today, and the discount rate is 6%.
Let's calculate the present value:
PV = $1.499 / 0.06
= $24.983
Therefore, the present value of this series of cash flows, rounded to the nearest penny, is $24.98.
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Suppose human life without technology. Write a paragraph
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Answer:
Technology does not help Americans to become more intellectual it only ditures individuals from important aspects of life. By not using technology individuals are left to reflect and evolve mentally. As Americans use technology more their concern for others become less prevalent. The use of technology to make change or impact in the world will never be as effective as facing it head on. Technology can only do so such it can not bring families closer to each other or God. Therefore, Americans need for technology does nothing but bring them farther away from their family, distract them from important aspects in the real world, and does not help them to evolve mentally at any extent. Many argue that life without technology is a happier and more advanced life all together that makes individuals reflect. Thoreau, well known transcendentalist, gives Americans needed advice by asserting “awake, not by mechanical aids(1)”, putting down technology as a whole. Americans can see technology as a corrupt power that controls and keeps them surrounded in fiction. As Thoreau goes on he gives Americans the idea that technology can not make a substantial like humans can. Near the end of the passage Thoreau gives context on mental advancement by saying “My head is hands and feet.
Explanation:
plz mark me as brilliant plz
Due to the advent of technology, the everyday life of people has undergone a drastic change. Life, in the present times, has become so much more comfortable, easy, dynamic, and fast. However, at the same time, life has also become a lot more lethargic, anti-social and preposterous like the computers that we have in our houses. Our smartphones, laptops, and other such gadgets have become a part and parcel of our lives, things that we somehow cannot live without.
It is because of innovation that human race is surviving the exceptional populace development and without it, humankind would have vanished long prior in a worldwide craving Armageddon. In any case, then again there are negative impacts of innovation waiting in our lives. By dismissing essential human and mammalian impulses like mingling, family life and physical effort, we have turned out to be manufactured and empty. Despite the fact that we are receiving rewards, we are losing the little of the valuable mankind left in our lives due to over-liberality.
Taking everything into account, innovation has influenced our lives profoundly. We just can’t envision living without it. It has expanded our life expectancy and nature of living. Where it has brought people closer in various ways, it has also contributed towards drifting people apart from each other. Without it, our lives would have been less difficult, harder, poorer, secluded, unoriginal, disengaged and perilous.
SOMEONE PLEASE HELP ASAP!!! ECONOMICS!!! all you have to do is find an article and answer the 4 questions pls someone
Part B Scan reputable news sites for recent articles relating to fiscal policy from within the last six months. For example, you might find
that Congress is currently debating a new spending bill or just agreed to a tax cut. This list of search terms will help your search. Once you
find and read the article, fill in the requested information and respond to the four questions that follow in complete sentences.
Article title/headline:
Source (URL):
Date of publication:
1. Describe the fiscal policy action that is discussed in the article, including its status (such as under debate, approved, or rejected).
2. Would the fiscal policy action discussed in the article promote price stability, full employment, and/or economic growth? Explain.
3. Would the fiscal policy action discussed in the article, if approved, contribute to creation of a budget surplus or a budget deficit?
Would this likely increase, decrease, or not affect the national debt? Explain.
4. Do you approve or disapprove of the fiscal policy action described in the article? Explain your response and identify at least one
tradeoff for your choice.
Answers
Fiscal policy refers to the use of government spending and taxation to influence the economy. Fiscal policy actions can either expand or contract the economy, depending on their purpose. For example, if the government spends more money or cuts taxes, this can stimulate economic growth, but it can also lead to inflation and higher national debt. On the other hand, if the government reduces spending or raises taxes, this can slow down economic growth, but it can also help reduce inflation and national debt.
Based on this understanding, here are some possible answers to the questions:
1. Without a specific article to reference, it is difficult to describe the fiscal policy action discussed or its status.
2. Whether or not a fiscal policy action promotes price stability, full employment, and/or economic growth depends on the specific details of the policy. For example, if the government increases spending on infrastructure projects, this could create jobs and stimulate economic growth. However, if the government simply hands out cash payments to individuals, this may not have as much of an impact on economic growth. Similarly, if the government cuts taxes on businesses, this could promote economic growth by encouraging investment, but it could also lead to higher national debt.
3. Whether a fiscal policy action contributes to a budget surplus or a budget deficit again depends on the specific details of the policy. If the government increases spending or cuts taxes without finding a way to pay for it, this will likely lead to a budget deficit. This would increase the national debt, as the government would need to borrow more money to cover the deficit.
4. Whether someone approves or disapproves of a fiscal policy action depends on their individual values and priorities. For example, someone who values economic growth may approve of a policy that cuts taxes on businesses, while someone who values reducing national debt may disapprove of the same policy. A tradeoff for either choice is that fiscal policy actions often have unintended consequences, and it may be difficult to predict exactly how the economy will respond to a particular policy.
define finance education for class 8
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Landis Inc. is considering the introduction of a new product. This product can be produced in one of several ways: 1. Using the present assembly line at a cost of $28 per unit 2. Using the current assembly line after it has been overhauled (at a cost of $10,000) with a cost of $25 per unit 3. On a new assembly line (costing $35,000) designed especially for the new product with a per unit cost of $21 Landis is worried however, about the impact of competition. If no competition occurs, they expect to sell 15,000 units the first year. With competition, the number of units sold is expected to drop to 9,000. At the moment their best estimate is that there is a 52% chance of competition. They decided to make their decision based on the first years sales. Based on evaluating cost, determine the following: a. What is the EMV for using the present line? (Select] b. What is the EMV for overhauling the present line? (Select) > c. What is the EMV for installing a new assembly line? (Select ] d. Based on evaluating overall cost, which decision should Landis Inc. make? [Select]
Answers
a. To calculate the EMV for using the present assembly line, we need to calculate the expected cost of production and subtract it from the expected revenue:
Expected revenue = 15,000 units * $40 per unit = $600,000
Expected cost = 15,000 units * $28 per unit = $420,000
EMV = $600,000 - $420,000 = $180,000
b. To calculate the EMV for overhauling the current assembly line, we need to calculate the expected cost of production and subtract it from the expected revenue, taking into account the overhaul cost:
Expected revenue = 15,000 units * $40 per unit = $600,000
Expected cost = 15,000 units * $25 per unit + $10,000 / 15,000 units = $27 per unit
Total expected cost = 15,000 units * $27 per unit = $405,000
EMV = $600,000 - $405,000 = $195,000
c. To calculate the EMV for installing a new assembly line, we need to calculate the expected cost of production and subtract it from the expected revenue, taking into account the cost of the new assembly line:
Expected revenue = 15,000 units * $40 per unit = $600,000
Expected cost = 15,000 units * $21 per unit + $35,000 / 15,000 units = $23.33 per unit
Total expected cost = 15,000 units * $23.33 per unit = $350,000
EMV = $600,000 - $350,000 = $250,000
d. Based on evaluating overall cost, Landis Inc. should choose to install the new assembly line, as it has the highest EMV. However, they should also consider the risk of competition, as a drop in sales could significantly impact their profitability.
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Landscapers must be
knowledgable of which of the
following?
A. Pesticides
B. Economics
C. Human Relations
D. Crop Rotation
Answers
Answer:
B
Explanation:
because they need to deal with all practices that are done by people on environment
Answer:
C
Explanation:
Landscapers need to know human relations because if they want to get something to do for their job, marketing and having an asset is important for the business, if you don't know anyone that needs help, it wouldn't be very good for your business.
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a system that permits suppliers and buyers to have direct access to portions of each others’ databases, including inventory data, to enhance service and deliveries is
Answers
The system you are referring to is known as a "supply chain integration system." It allows suppliers and buyers to have direct access to each other's databases, specifically inventory data, in order to improve service and deliveries.
The system you are referring to is commonly known as a "supply chain integration system." This type of system facilitates the direct exchange of information between suppliers and buyers, granting them access to relevant portions of each other's databases. Specifically, it enables the sharing of inventory data, which plays a crucial role in enhancing service and deliveries.
By having direct access to real-time inventory information, both suppliers and buyers can better coordinate their activities, streamline processes, and improve overall supply chain efficiency. This level of integration promotes transparency, reduces delays, minimizes stockouts, and allows for effective inventory management.
Ultimately, the supply chain integration system helps create a collaborative environment and enables more effective decision-making for all parties involved in the supply chain.
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The two pivotal factors that distinguish one competitive strategy from another boil down to.
Answers
The two pivotal factors that distinguish one competitive strategy from another boil down to:
(1)whether the company's market target is broad or narrow, and (2) whether the company is pursuing a competitive advantage linked to lower costs or differentiation.
broad differentiation, best-cost provider, low-cost provider, focused differentiation, and focused low-cost strategies are examples of generic competitive strategies. T he following generic types of competitive strategies is usually the "best" strategy for a business to use
What distinguishes focused (or market niche) strategies from broad differentiation strategies and low-cost leadership is their concentrated interest on serving the needs of buyers in a small portion of the overall market significantly lower overall costs than competitors on comparable products.
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(Algo) Manufacturing: Preparation of a complete master budget LO P1, P2, P3
The management of Zigby Manufacturing prepared the following balance sheet for March 31.
ZIGBY MANUFACTURING
Balance Sheet
March 31
Assets Liabilities and Equity Cash $ 59,000 Liabilities Accounts receivable 455,000 Accounts payable $ 215,400 Raw materials inventory 93,000 Loan payable 31,000 Finished goods inventory 433,000 Long-term note payable 500,000 $ 746,400
Equipment $ 638,000 Equity Less: Accumulated depreciation 169,000 469,000 Common stock 354,000 Retained earnings 408,600 762,600
Total assets $ 1,509,000 Total liabilities and equity $ 1,509,000
To prepare a master budget for April, May, and June, management gathers the following information.
Sales for March total 25,000 units. Budgeted sales in units follow: April, 25,000; May, 17,000; June, 22,400; and July, 25,000. The product’s selling price is $26.00 per unit and its total product cost is $21.65 per unit.
Raw materials inventory consists solely of direct materials that cost $20 per pound. Company policy calls for a given month’s ending materials inventory to equal 50% of the next month’s direct materials requirements. The March 31 raw materials inventory is 4,650 pounds. The budgeted June 30 ending raw materials inventory is 5,900 pounds. Each finished unit requires 0.50 pound of direct materials.
Company policy calls for a given month’s ending finished goods inventory to equal 80% of the next month’s budgeted unit sales. The March 31 finished goods inventory is 20,000 units.
Each finished unit requires 0.50 hour of direct labor at a rate of $15 per hour.
The predetermined variable overhead rate is $4.60 per direct labor hour. Depreciation of $39,713 per month is the only fixed factory overhead item.
Sales commissions of 5% of sales are paid in the month of the sales. The sales manager’s monthly salary is $4,900.
Monthly general and administrative expenses include $34,000 for administrative salaries and 0.8% monthly interest on the long-term note payable.
The company budgets 30% of sales to be for cash and the remaining 70% on credit. Credit sales are collected in full in the month following the sale (no credit sales are collected in the month of sale).
All raw materials purchases are on credit, and accounts payable are solely tied to raw materials purchases. Raw materials purchases are fully paid in the next month (none are paid in the month of purchase).
The minimum ending cash balance for all months is $59,000. If necessary, the company borrows enough cash using a loan to reach the minimum. Loans require an interest payment of 1% at each month-end (before any repayment). If the month-end preliminary cash balance exceeds the minimum, the excess will be used to repay any loans.
Dividends of $29,000 are budgeted to be declared and paid in May.
No cash payments for income taxes are budgeted in the second calendar quarter. Income tax will be assessed at 35% in the quarter and budgeted to be paid in the third calendar quarter.
Equipment purchases of $100,000 are budgeted for the last day of June.
Required:
Prepare the following budgets for the months of April, May, and June:
1. Sales budget.
2. Production budget.
3. Direct materials budget.
4. Direct labor budget.
5. Factory overhead budget.
6. Selling expense budget.
7. General and administrative expense budget.
8. Schedule of cash receipts.
9. Schedule of cash payments for direct materials.
10. Cash budget.
11. Budgeted income statement for entire second quarter (not monthly).
12. Budgeted balance sheet at June 30.
Answers
1. Sales Budget of april, may and june a is $650,000, $442,000 and $582,400 respectively.
What is Sales Budget?
1. Sales Budget:
April:
Units: 25,000
Sales: 25,000 x $26 = $650,000
May:
Units: 17,000
Sales: 17,000 x $26 = $442,000
June:
Units: 22,400
Sales: 22,400 x $26 = $582,400
2. Production Budget:
April:
Units to produce: 25,000 units + 20,000 units (desired ending inventory) - 20,000 units (beginning inventory) = 25,000 units
Units to be produced = 25,000 units ÷ 0.80 (80% of next month sales) = 31,250 units
May:
Units to produce: 17,000 units x 1.25 (25% increase) + 25,000 units (desired ending inventory) - 25,000 units (beginning inventory) = 29,375 units
Units to be produced = 29,375 units ÷ 0.80 = 36,719 units (rounded)
June:
Units to produce: 22,400 units ÷ 0.80 = 28,000 units
Units to be produced = 28,000 units + 100,000 units (equipment purchases) + 36,719 units (May ending inventory) - 43,750 units (June ending inventory) = 120,969 units (rounded)
3. Direct Materials Budget:
April:
Direct materials required for production: 31,250 units x 0.50 pound per unit = 15,625 pounds
Add desired ending inventory: 5,900 pounds
Total needs: 21,525 pounds
Less beginning inventory: 4,650 pounds
Direct materials to be purchased: 16,875 pounds
Direct materials cost: 16,875 pounds x $20 per pound = $337,500
May:
Direct materials required for production: 36,719 units x 0.50 pound per unit = 18,359.5 pounds (rounded up to 18,360 pounds)
Add desired ending inventory: 6,280 pounds
Total needs: 24,640 pounds
Less beginning inventory: 5,900 pounds
Direct materials to be purchased: 18,740 pounds
Direct materials cost: 18,740 pounds x $20 per pound = $374,800
June:
Direct materials required for production: 120,969 units x 0.50 pound per unit = 60,485 pounds
Add desired ending inventory: 7,050 pounds
Total needs: 67,535 pounds
Less beginning inventory: 6,280 pounds
Direct materials to be purchased: 61,255 pounds
Direct materials cost: 61,255 pounds x $20 per pound = $1,225,100
4. Direct Labor Budget:
April:
Units to produce: 31,250 units
Direct labor per unit: 0.50 hour
Total direct labor hours: 31,250 units x 0.50 hour per unit = 15,625 hours
Direct labor cost: 15,625 hours x $15 per hour = $234,375
May:
Units to produce: 36,719 units
Direct labor per unit: 0.50 hour
Total direct labor hours: 36,719 units x 0.50 hour per unit = 18,360 hours
Direct labor cost: 18,360 hours x $15 per hour = $275,400
June:
Units to produce: 120,969 units
Direct labor per unit: 0.50 hour
Total direct labor hours: 120,969 units
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Why is it not a good idea to make early withdrawals from your 401(k)
Answers
Answer:
- Fees
-Early termination cost
-Loss of interest
Pilot Company pays for two years of rent in advance. Recording this transaction would include a debit to:______.
Answers
Answer:
prepaid rent
Explanation:
From the question we were informed about how a Pilot Company pays for two years of rent in advance.
Incase of Recording this transaction, it would include a debit to prepaid rent
debit to prepaid rent is one of the journal entry for prepaid rent, and a prepaid rent is usually pen down as asset and it gives the rent expenses in future time , since the Pilot Company pays for two years of rent in advance,debit to prepaid rent must be included when recording the transaction.
Suppose that the weekly profit, in dollars, of producing and selling x cars is P (x) = negative 0.007 x cubed - 0.2 x ^2 + 1000 x - 1100,and currently 60 cars are produced and sold weekly. Use P (60) and the marginal profit to estimate the weekly profit of producing and selling 62 cars. Round to the nearest dollar.
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Answer:
The weekly profit "P" of producing and selling "x" cars, is given by the expression \(P(x)= -0.007x^3-0.2x^2+1000x-1100\).If the amount of cars produced and sold are x=60, then the profit linked to those 60 cars will be given by \(P(60)= -0.007(60)^3-0.2(60)^2+1,000(60)-1,100\), where the amount of cars "x" has been replaced by 60. This equals \(P(60)=56,668\). Marginal profit is defined as the change in profits when the amount of cars produced and sold change in a unit. Matematically, it equals the derivative of P(x) in terms of x: \(\frac{\partial P(x)}{\partial x}= -0.021x^2-0.4x+1,000\) . If the amount of cars produced and sold change in two units, then the marginal profit (or additional profit) obtained by producing and selling these two additional cars is \(-0.021(2)^2-0.4(2)+1,000\) ≈ \(1,000\).Then, producing and selling 62 cars would produce a benefit of \(\$56,668+\$1,000= \$57,668\).An example of coordination is
Answers
Answer:
Being able to balance while walking on a thin rope.
Explanation:
Coordination, able to move, and to move effectively. So, this answer connects to the definition, since being able to walk on a rope without falling, means to direct your movement correctly.
Determine the effective tax rate for a taxable income of $95,600. round the final answer to the nearest hundredth.
a. 17.00%
b. 17.61%
c. 22.70%
d. 24.00%
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The effective tax rate is option (b)17.61%. The effective tax rate for businesses is determined using dividends of earnings before taxes.
What is an effective tax rate?The effective tax rate is the percentage of income that a person or business owes or pays in taxes. The effective tax rate is the average tax rate at which a person is taxed on both earned income (such as wages) and unearned income (such as dividends from stocks). The percentage that is mandated by law is the statutory tax rate; however, a company's effective tax rate is the average rate at which its pre-tax profits are taxed. By dividing the Total Tax figure on line 24 by the Taxable Income figure on line 15 and multiplying the result by 100, a person can determine their effective tax rate by looking at their 1040 form.
This plan would have an effective tax rate of 17.61%.
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Which person would most likely have a good credit report?
O A. Mark has been in the same job for eight years and the same house
for 10 years, and he always pays his bills on time.
B. Coree has applied for several credit cards, and she recently lost
her job.
O C. Andrew always pays his bills on time, and he has monthly credit
payments of 20% of his take-home pay.
O D. Ashley has never had a credit card
SUB
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Answer:
The answer is A
Mark who is always paying his bills on time
Imagine the tea market has a demand function of QDX = 10 – 2PX and a supply function of QSX = PX − 2, where PX is the price of the tea. Assuming the price is at equilibrium, calculate the equilibrium price (P*).
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Consider a market for tea where the supply function is QSX = PX 2 and the demand function is QDX = 10 - 2PX, where PX is the price of the tea. Considering that the price is balanced, , the equilibrium price (P*) is 4.
To find the equilibrium price (P*), we need to set the demand and supply functions equal to each other and solve for PX:
QDX = QSX
10 – 2PX = PX – 2
Adding 2PX to both sides:
10 = 3PX – 2
Adding 2 to both sides:
12 = 3PX
Dividing both sides by 3:
PX = 4
Therefore, the equilibrium price (P*) is 4.
Equilibrium price is the price at which the quantity demanded of a product or service equals the quantity supplied, resulting in a market in which there is no shortage or surplus of the product. It is the price where buyers and sellers are in agreement, and there is no tendency for the price to change.
At the equilibrium price, the market is said to be in a state of balance, where the quantity of goods or services supplied by producers is equal to the quantity demanded by consumers, resulting in an efficient allocation of resources.
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Which of the following statements about investing is TRUE?
1. Investing is a guaranteed way to make money.
2. Investing is best for short-term financial goals.
3. Investing is riskier than putting money in a savings accounts.
4. On average, putting money in a savings account earns a higher return than investing money in the stock market.
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Answer:
3. Investing is riskier than putting money in a savings accounts.
Explanation:
Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.
Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.
What is the purpose of collateral in a secured loan?
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Answer:
To reduce risks against default.