To arrive at the predetermined overhead rate based on budgeted output, we need to divide the estimated total manufacturing cost by the total machine time required to manufacture the budgeted output.
The allocation base provided is machine time per custom photo book, which is 15 seconds per book. Therefore, the total machine time required to manufacture 500,000 custom photo books per year would be:
500,000 custom photo books x 15 seconds per custom photo book = 7,500,000 seconds
Using this information, we can then apply the formula for predetermined overhead rate, which is estimated total manufacturing cost divided by total machine time required. This gives us the rate at which we can allocate overhead costs to each unit of product based on the machine time required to produce it.
Predetermined overhead rate = Estimated total manufacturing cost / Total machine time required
Predetermined overhead rate = $120,000 per year / 7,500,000 seconds
Predetermined overhead rate = $0.016 per second
Therefore, the correct answer to the multiple-choice question is:
$0.016 per second
In this case, the predetermined overhead rate based on budgeted output is $0.016 per second, which means that for every second of machine time required to produce a custom photo book, $0.016 of overhead cost will be allocated to that unit.
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Which of the following would help a hiring manager determine whether a
recruiting resource is effective?
A. Comparing the diversity of internal versus external candidates
B. Comparing retention and turnover results from different recruiting
sources
C. Comparing salaries at multiple corporations
D. Creating job listings on multiple social media sites
Which of the following is a characteristic of a certificate of deposit?
Answer:
C). It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days
Multiple- choices
A). You have to earn at least $100,000 in salary to be allowed to buy a CD
B). It is just a different name for a savings account
C). It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days
D). Only large banks offer them
Explanation:
Banks and other financial institution offer certificates of deposit (CD) saving account to customers who intend to limit the number of withdraws. This type of savings account pays a higher interest rate than the regular savings account. A customer wishing to open this account agrees with the bank on the duration that they want to save the money. Withdrawals can only be made after the agreed period lapses. Should the customer demand for their money before the end of the agreed period, they may get penalized by the banks.
brandy corporation's trading portfolio at the end of the year is as follows: security cost fair value common stock c $10,000 $12,000 common stock d 8,000 5,000 $18,000 $17,000 brandy subsequently sells stock d for $10,000. what entry is made to record the sale?
The journal entry for Brandy corporation is Debit Cash $10,000 ;Credit Common Stock D $8,000; Credit Other Comprehensive Income $2,000.
A security which symbolises ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules in the organisation. Long-term return rates are often higher with this type of stock ownership.
Net income and unrealized income, such as unrealized profits or losses on financial instruments used are included in comprehensive income. It offers a comprehensive understanding of a company's earnings that the income statement cannot fully convey.
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Which one of the four factors of copyright is MOST important?
Answer:
the purpose and character of the use i think
Explanation:
What defines the process by which a procurement can be modified?
Procurement modification refers to the process of altering a procurement contract.
The first step in the procurement modification process is to identify the need for the modification. This may be initiated by either the procuring entity or the contractor, & may involve a change in the scope of work, the delivery date, or other contractual terms.
Once the need for modification has been identified, the parties involved in the contract must negotiate the terms of the modification, including any changes to the contract price, delivery schedule, or other contractual obligations.
The next step is to obtain the necessary approvals for the modification. This may involve seeking approval from senior management or the governing body responsible for overseeing the procurement process.
Depending on the size & complexity of the procurement, this approval process may involve multiple levels of review & approval.
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a u.s. manufacturer of pigments for household paint that exports about 40 percent of its production to european markets will find its sales will be harmed by a weak dollar. True or false?
Its false because a weak dollar would actually benefit the U.S. manufacturer in this scenario, as it would make their exports cheaper and more competitive in the European markets.
A weak dollar means that it takes more dollars to buy the same amount of foreign currency, so foreign buyers can purchase more U.S. goods with the same amount of their own currency. As a result, a weak dollar can help U.S. exporters by increasing demand for their products and boosting their sales and revenue. On the other hand, a strong dollar makes U.S. exports more expensive for foreign buyers, which can hurt sales and revenue for U.S. exporters.
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primary demand is defined as group of answer choices demand for a particular brand. stimulating demand for any products. demand for a product category. consumer awareness of a product category. demand for a new produ
Primary demand is the demand for a product category, driven by consumer awareness. It encompasses the total demand for all brands within the category and can be stimulated by marketing activities and new product introductions.
Primary demand is defined as the demand for a product category. It is also referred to as general demand. This type of demand is driven by consumer awareness of a product category rather than demand for a particular brand. Primary demand is the total demand for all brands within a product category. This demand can be stimulated by various marketing activities, such as advertising, promotion, and pricing strategies.
When consumers become aware of a product category and its benefits, they are more likely to demand products within that category. This can lead to increased sales for all brands within the category, as consumers are more likely to consider multiple brands and products within the category rather than just one specific brand or product. Primary demand can also be influenced by new product introductions, as they can create excitement and interest in a product category.
The introduction of a new product can stimulate demand for the entire category, as consumers become aware of the category and its benefits.
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Which of the following best describes ethics?
Correct/Complete Question:
Which of the following best describes ethics?
A. An academic discipline which originated in the early 1900s.
B. A descriptive approach that provides an account of how and why people do act the way they do.
C. The study of how human beings should properly live their lives.
D. A normative approach such as psychology and sociology.
Answer:
C
Explanation:
Ethics can be defined as a branch of knowledge that is concerned with morals or moral principles. These moral principles are the principles by which people should live their lives. Moral principles tells us right from wrong.
Ethics is a sub-course under philosophy as it involves the provision, systematizing as well as defense of the concept of what should be right or what should be wrong.
Ethics can also be called moral philosophy. It can be divided into metaethics, normal ethics and applied ethics.
Cheers.
A customer has a long margin account with no sma. if the market value of the securities rises, sma will increase by:________
A customer has a long margin account with no SMA. if the market value of the securities rises, sma will increase by 50% of the increase in market value.
SMA balances are increased in value by cash deposits in brokerage accounts. The SMA also retains interest and dividend payments from long positions and earnings from closing security positions. Clients can use SMA funds to purchase additional securities for their margin accounts.
The SMA of long-margin accounts decreases when the market value decreases. The long account's SMA volume only decreases as it is used and is not affected by market value declines.
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In 2016 based on people ages 15-74 the Swedish adult non-institutionalized population was about 7. 3 million, the labor force was 5. 2 million, and the number of people employed was 4. 8 million. According to these numbers, the Swedish labor force participation rate and unemployment rate were about
a. 71. 2% and 7. 7%
b. 71. 2% and 5. 5%
c. 65. 8% and 7. 7%
d. 65. 8% and 5. 5%
According to these numbers, the Swedish labor force participation rate and unemployment rate were about option a: 71.2% and 7.7%.
To calculate the labor force participation rate and unemployment rate, we need to use the following formulas:
Labor Force Participation Rate = (Labor Force / Adult Non-Institutionalized Population) * 100
Unemployment Rate = (Unemployed / Labor Force) * 100
Given the information provided:
Adult Non-Institutionalized Population = 7.3 million
Labor Force = 5.2 million
Number of People Employed = 4.8 million
Using the formulas above, we can calculate the rates:
Labor Force Participation Rate = (5.2 million / 7.3 million) * 100 = 71.23%
To calculate the number of unemployed people, we subtract the number of employed people from the labor force:
Unemployed = Labor Force - Number of People Employed
Unemployed = 5.2 million - 4.8 million = 0.4 million
Unemployment Rate = (0.4 million / 5.2 million) * 100 = 7.69%
Rounding these values to one decimal place, we find that the labor force participation rate is approximately 71.2% and the unemployment rate is approximately 7.7%.
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What information does a person need to know before renting an apartment?
O The salaries earned by the building employees.
O If electricity is included in the rent of the apartment.
O The property taxes on the building that are paid by the owner.
o If the apartment building has a mortgage.
Answer:2
Explanation:
2
Explain the benefits of international trade
Answer:International trade allows countries to exchange good and services with the use of money as a medium of exchange. ... Nations with strong international trade have become prosperous and have the power to control the world economy. The global trade can become one of the major contributors to the reduction of poverty.
Explanation:
joshua was having a difficult time meeting that improved schedules and budget what might be the most likely cause
Answer:
There was a lack of clarity and expectations in the original work plan goals.
Explanation:
When creating a work plan , expectations refers to a realistic set of goal that an organization hope to achieve after implementing the work plan into their operation.
Expectation is very important for the decision maker in determining a couple of things, such as;
- The time needed for the plan to show result. (which will influence things such as meting schedule, determining deadline, etc)
- The amount of resources and workhours that the company need to invest into the plan (which will influence the way budget is designed)
- The standard that should be use to measure company's performance.
Answer:
There was lack of clarity... is the answer
Explanation: I just got all of the answers right thats how i know
a list of all the balances owed to creditors, prepared to prove that the control account and the subsidiary ledger are equal, is called a ________.
a list of all the balances owed to creditors, prepared to prove that the control account and the subsidiary ledger are equal, is called a schedule of accounts payable.
What is schedule of accounts payable?The schedule of accounts payable is a list of all the vendors in the ledger of accounts payable to whom the business is currently indebted, together with the balances of their current accounts. In other words, the schedule of accounts payable is a list of every person whom the business owes money to.
Accounts receivable is the money due to your company by customers or clients, whereas accounts payable guarantees that your company is up to date on payments and enables you to precisely estimate cash flow.
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How are scarcity and the laws of supply and demand connected?
Answer:
Scarcity and supply and demand are connected because they determine how much the product costs. First of all, scarcity describes supply. If a product is scarce and demand is high, the supplier would raise the costs for the product, but if there is plenty of supply, and low demand, the supplier would decrease the costs.
If u were signing papers and it asks u "does applicant identity as transgender" what would that mean?
Also what is a social security number?
Answer:
if u was a boy or a girl and turned in to a man and a boy turned into a girl
a bank card
Please help. I’m struggling. 20 points !!!!
To propose the idea of creating a partnership with another business, you will need to prepare
a formal business letter to send to the owner of Great BBQ, Hank White. This proposal should
introduce the following ideas:
Forming a partnership would allow both restaurants to sell the other's product and
merchandise.
The partnership would expand both of our businesses and customer base.
.
A more detailed meeting and presentation will follow if Great BBQ is interested.
Prepare a business letter to send to Great BBQ. (8 points)
Answer:
The letter could be somewhat like this:
Dear Hank White, CEO of Great BBQ
I am John Smith, I am the CEO of a meat distributor. I specialize in prime cuts like New York Ribeye, Tenderloin, and Wagyu Beef with the best Japanese Technique.
I am sure that as business partners, we both could do better than we do right now. I have the best raw material for your restaurant business, and you have the BBQ expertise and knowledge.
I would appreciate if you considered this letter, you can call me any time if you want to discuss further, or write me an email-.
Sincerely
John Smith
To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and a consumer price index of 237 for 2021. Hoover's 1931 salary was equivalent to a 2021 salary of about Select one: O a $16,080,001O b. $1,057,894 O c. $1,169,408 O d. $4,965 O e. $4,075,395
the correct option is c. $1,169,408
To calculate the equivalent 2021 salary of the 1931 salary of $75,000, we use the following formula: (2021 CPI / 1931 CPI) x 1931 salary = 2021 salary.
Plugging in the given figures we get: (237 / 15.2) x 75,000 = $1,169,408. Therefore, Hoover's 1931 salary of $75,000 is equivalent to a 2021 salary of $1,169,408.
It is an example of how inflation affects the value of money over time.
The Consumer Price Index (CPI) is a measure of the average change in prices of goods and services over time, and it is often used to measure inflation.
In this case, the CPI for 1931 is 15.2, while the CPI for 2021 is 237. This means that the general level of prices for goods and services in 2021 is 237/15.2 times higher than in 1931.
To calculate the equivalent salary of $75,000 in 1931 in terms of its purchasing power in 2021, we need to adjust it for inflation using the CPI. We can do this by dividing the CPI for 2021 by the CPI for 1931, and then multiplying the result by the original salary:
$75,000 x (237/15.2) = $1,169,408
Therefore, if President Herbert Hoover's salary of $75,000 in 1931 were adjusted for inflation using the CPI, it would be equivalent to a 2021 salary of about $1,169,408. This illustrates how the value of money changes over time due to inflation.
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Which economic goal does this exchange at an outdoor food stand best represent?.
The exchange of goods or services in a traditional market economy is based on supply and demand. Since consumers are free to buy what they want, it creates a competitive market that drives down prices, which is one of the main objectives of a market economy.
The economic goal that this exchange at an outdoor food stand best represents is the goal of efficiency. The exchange occurs when there is a supply of goods, in this case, food items that are brought to the food stand, which is then traded for money. This implies that the food items were efficiently produced, and the vendor is also efficient in his operation since he can provide what the consumers want while earning a profit.
A market economy promotes efficiency as the key goal for businesses and individuals alike. By producing high-quality goods and services efficiently, it helps drive economic growth and reduces the costs of production. It also encourages businesses to improve their products and production methods continuously, which ultimately benefits the consumers. Thus, this exchange at an outdoor food stand is a perfect example of the efficiency of a market economy.
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8) Which of the following accounts will be closed by debiting the Income summary account:
A) Depreciation expense
B) Accounts payable
C) Accumulated depreciation
D) Service revenue
The depreciation expense account will be closed by debiting the Income summary account. Therefore, the correct option is A.
What is an Income summary account?
An income summary account refers to an account that receives all the temporary accounts of a business upon closing them at the end of every accounting period.
This summarizes that the value of each account in the income statement is debited from the provisional accounts and then credited as one value to the income summary account.
Therefore, The depreciation expense account will be closed by debiting the Income summary account. the correct option is A.
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What was the only thing Amazon sold when it first opened 25 years ago
stimulates skeletal muscle under voluntary control and consists of single neurons, or nerve cells, which have their body located in the central nervous system
Somatic nervous system stimulates skeletal muscle under voluntary control and consists of single neurons, or nerve cells, which have their body located in the central nervous system.
The Somatic Nervous System is responsible for the stimulation of skeletal muscle under voluntary control.
It is comprised of single neurons, or nerve cells, which have their bodies located in the Central Nervous System.
This system is essential for the functioning of everyday activities such as walking, talking and other complex motor movements.
This system plays an important role in our daily lives by enabling us to control our bodies and interact with our environment.
This system is composed of single neurons, also known as nerve cells, which have their body located in the central nervous system.
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Which principle says that a certain amount of money today is worth more than the same amount in the future?.
Answer: Time Value of Money
Explanation: The time value of money is where an amount of money is worth more in the future than the same amount in the future due to interest and other factors.
If government spending equals $100 and tax revenue is equal to $90 and interest payments ae $30 what is the primary deficit? a. $10 b. $20 c. $30 d. $40 e. We do not have enough information
If government spending equals $100 and tax revenue is equal to $90 and interest payments are $30, the primary deficit is $20. Therefore, option (b) is the correct answer.
What is the primary deficit?A primary deficit occurs when the government's operating expenses exceed its tax revenue. For example, the budget deficit would be $50 in the question above, while the operating deficit would be $20.
Primary deficit = Operating deficit - Interest payments$20 = $50 - $30
It is calculated as follows:
Primary deficit = Government spending - Tax revenue + Transfer payments.
The formula for a primary deficit can be expressed as follows:
Primary deficit = Operating deficit - Interest payments.
The operating deficit is the government's budget deficit excluding interest payments on its outstanding debt. When interest payments are included, it becomes a budget deficit.
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Ms. Anh maintains a savings deposit with VCB Ha Thanh branch. This past year Anh received 10.75 million VND in interest earnings from her savings account. Her savings deposit had the following average balance each month: (in million VND) January 40 July 351 February 25 August 42.51 March 30 September 55 April 15 October 601 May 22.5|November 62.5 June 30 December 30 What was the annual percentage yield (APY) earned on Anh's savings account?
The annual percentage yield (APY) earned on Anh's savings account is 5.17%.
To calculate the annual percentage yield (APY) earned on Anh's savings account, we need to use the following formula:
\(APY = (1 + r/n)^n - 1\)
Where r is the annual interest rate, and n is the number of times interest is compounded in a year.
First, we need to calculate the total amount of interest earned by Anh during the year. We can do this by adding up the interest earnings from each month:
10.75 million VND = (40 x 0.5%) + (25 x 0.5%) + (30 x 0.5%) + (15 x 0.5%) + (22.5 x 0.5%) + (30 x 0.5%) + (351 x 0.6%) + (42.51 x 0.6%) + (55 x 0.6%) + (601 x 0.65%) + (62.5 x 0.65%) + (30 x 0.65%)
Next, we need to calculate the average monthly balance for the year. We can do this by adding up the balances for each month and dividing by 12:
Average monthly balance = \((40 + 25 + 30 + 15 + 22.5 + 30 + 351 + 42.51 + 55 + 601 + 62.5 + 30) / 12 = 104.38 million VND\)
Now, we can use the formula to calculate the APY:
\(APY = (1 + r/n)^n - 1\)
\(10.75 million VND = (104.38 million VND x r/12)^12 - 1r = 5.17%\)
This means that for every 100 million VND in Anh's account, she earned 5.17 million VND in interest over the course of the year.
In conclusion, APY is an important factor to consider when choosing a savings account, as it reflects the actual return on your investment. By using the formula above, we can calculate the APY earned on Anh's savings account based on her average monthly balance and interest earnings.
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Which global facility type manufactures products at low cost but with skilled workers and significant managerial resources
A global facility type which takes advantage of low cost raw materials and skilled labor for production purpose is called an offshore factory.
Offshore factories are located outside a manufactures home country in a bid to take advantage of low cost raw material and skilled and good managerial resources. After production is done, the finished product are then imported back into the manufacturer's home country.Hence, the missing phrase is offshore factory.
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A group is a number of people who
Answer:
A group of people or things is a number of people or things which are together in one place at one time.
Which of the following is not an additional tax a taxpayer may have to pay? Multiple Choice Alternative minimum tax. Self-employment tax Net investment income tax Excess wage tax.
Excess wage tax. Excess wage tax is not an additional tax that a taxpayer may have to pay. The alternative minimum tax (AMT) is a separate tax system that imposes a minimum level of tax liability on certain taxpayers.
Self-employment tax is a tax that individuals who work for themselves must pay to fund Social Security and Medicare. Net investment income tax is a tax imposed on certain types of investment income for high-income individuals. However, there is no specific tax called "excess wage tax." It is important for taxpayers to be aware of these potential additional taxes and understand their applicability based on their income sources and circumstances.
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