Answer:D
Explanation:
Which of the following is a positive consequence of equity?
A) Maintain complete control of a business
B) Must pay profits as dividends
C) Decreased tax liability
D) No legal obligation to repay funds
In what ways are retail banks, credit unions, and online banks different?
Answer:
The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees
The credit unions have lower fees and better interests in the saving accounts. Credit unions are a type of institution controlled by members and operated on a nonprofit basis.
Online banks are those that have internet-based services such as e-loans, and all electronic transactions. It also includes net banking and does it yourself system. Retail banking is a provision of services by the banks to the general public. They are often called as whole ale banking. While a bank can have diverse offering a credit union is limited. Banks provide a higher fee for interest and loans, while credit union is lower fees and interest rates.Learn more about the ways are retail banks, credit unions, and online banks different.
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"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
Which of the following arguments also support the need for companies to adopt positions of social responsibility? Check all that apply. a) Organizations must make money to stay in existence. Making money, then, should be the sole focus on the organization's activities. b) Organizations must act in a sustainable fashion. In the long run, what is good for the environment will be good for the organization. c) Companies exist only to make money for people who invest in them. d) Organizations are responsible for acting as good citizens in the society in which they operate.
Organizations are obligated to assist others since they have the expertise and resources to improve the community.
What sort of organisations are some examples?There are many different legal types of organisations, including corporations, governments, non-governmental organisations, political organisations, international organisations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, among others.
What are the three different sorts of organisations?Organizational structures generally fall into one of three categories. 1) Linear organisation 2) Organization that serves its purpose 3) Line and staff organisation. In this kind of organisation, the line of authority runs directly from top to bottom, but the line of accountability runs in the other direction, from bottom to top.
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Which of the following is an example of investing activity
The sentence that is an example of investing activity is option A. Prepayment of a contract. Hence, the correct answer is option A. Read below about investing activity.
What is an investing activity?Investing activities include purchases of physical assets, investments in securities, or the sale of securities or assets. Negative cash flow from investing activities might not be a bad sign if management is investing in the long-term health of the company.
Therefore, the correct answer is as given above
The complete question goes thus:
Which of the following is an example of an investing activity?
A. Prepayment of a contract
B. Purchase of machinery
C. Repayment of long term debt
D. Issuance of shares
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Please answer the questions in the photo. Do not copy and paste from the internet.
2. Businesses that market goods and services can be classified based on the types of products or services they offer. Here are some common classifications:
The businesses that would market goods and servicesConsumer goods: These are goods that are bought and used by individuals for their personal use. Examples include clothing, food, electronics, and household items. Businesses that sell consumer goods are often referred to as retailers, and they can be further classified based on the types of products they sell (e.g. clothing retailers, grocery stores, electronics stores).
Business-to-business (B2B): These are businesses that sell products or services to other businesses rather than to consumers. Examples include suppliers of raw materials, manufacturers of components, and consulting firms. B2B businesses can also be classified based on the types of products or services they offer (e.g. IT services, logistics companies, marketing agencies).
Service businesses: These are businesses that provide services rather than physical goods. Examples include healthcare providers, hairdressers, financial advisors, and consulting firms. Service businesses can be further classified based on the types of services they provide (e.g. healthcare services, professional services, personal services).
There are several types of retail businesses, each with its own advantages and disadvantages. Here are some examples:
Brick-and-mortar stores: These are traditional physical stores that customers visit to make purchases. Brick-and-mortar stores offer the advantage of providing a tactile and personal shopping experience, but they also require significant overhead costs (e.g. rent, utilities, inventory management).
Online retailers: These are businesses that sell products exclusively online, often through e-commerce platforms like Amazon or Shopify. Online retailers offer the advantage of lower overhead costs and a wider potential customer base, but they also face fierce competition and the need to constantly optimize their digital marketing efforts.
Pop-up shops: These are temporary physical stores that are set up in a specific location for a limited time (e.g. a holiday season). Pop-up shops offer the advantage of providing a unique and time-limited shopping experience, but they also require significant planning and logistical coordination.
Franchise stores: These are retail stores that operate under the brand and business model of a larger franchise organization (e.g. McDonald's, 7-Eleven). Franchise stores offer the advantage of a proven business model and brand recognition, but they also require significant initial investment and ongoing franchise fees.
Ultimately, the type of retail business that would be most interesting to pursue depends on factors such as personal preferences, financial resources, and market opportunities. For example, someone who is passionate about fashion and has a limited budget might consider starting an online boutique, while someone who has significant financial resources and is interested in owning multiple locations might consider investing in a franchise business.
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Tilted Arcis big and rusty.
multiple choice - Helpful in focusing perception to elicit a favorable response
- Helpful in focusing perception to elicit an unfavorable response
- Too vague to focus perception
- False or implausible and therefore unable to focus perception
- Irrelevant to focusing perception
Tilted Arcis big and rusty is irrelevant to focusing perception.
What is perception?To represent and grasp the information or environment that is being provided, sensory data must be recognized, organized, and interpreted. Neuronal system impulses that are generated by chemical or physical stimulation of the sensory system pass through all perceptions and are responsible for their existence. Perception is the active interpretation of these signals, in addition to the recipient's learning, memory, expectation, and attention. Sensory input is the process of converting low-level information into higher-level information. Despite being dependent on complex brain system activity, perception appears to be essentially effortless since this processing happens outside of conscious awareness. Since the advent of experimental psychology in the 19th century, psychology's understanding of perception has improved through the synthesis of several approaches.
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The postal service of St. Vincent, an island in the West Indies, recently introduced a limited edition deluxe souvenir sheet priced at $15.00 each. The initial market response was quite positive, with an increase in unit sales compared to the regular souvenir sheets. The postal service sold a total of 50,000 units of the deluxe souvenir sheet.
Based on the given information, calculate the following:
What was the postal service's increase (decrease) in total contribution margin when it sold 50,000 deluxe souvenir sheets at $15.00 each, compared to selling 80,000 regular souvenir sheets at $8.00 each?
By what percentage did the St. Vincent post office increase the selling price for the deluxe souvenir sheet compared to the regular souvenir sheets? Additionally, calculate the percentage increase in unit sales for the deluxe souvenir sheet compared to the regular souvenir sheets. (Round your answers to one-tenth of a percent.)
If the postal service wants to maintain the same total contribution margin per unit for the deluxe souvenir sheets as it did for the regular souvenir sheets, what selling price should they set for the deluxe souvenir sheet? (Round your answer to the nearest whole dollar.)
Calculate the number of deluxe souvenir sheets the postal service would need to sell at the price determined in question 3 to equal the total contribution margin earned by selling 80,000 regular souvenir sheets at $8.00 each. (Round your answer to the nearest whole number.)
Please show your calculations and provide explanations for each answer.
1. the postal service experienced an increase in total contribution margin of $7.00
2. The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. The postal service should set the selling price for the deluxe souvenir sheet at $15.00
4. The exact number of deluxe sheets is 45.
Calculation of the increase (decrease) in total contribution margin:
The contribution margin is calculated as the selling price minus the variable cost per unit. Given the information, we have:
Selling price of regular souvenir sheets: $8.00
Selling price of deluxe souvenir sheets: $15.00
Number of regular souvenir sheets sold: 80,000
Number of deluxe souvenir sheets sold: 50,000
To calculate the increase (decrease) in total contribution margin, we need to compare the contribution margin of the two scenarios:
Contribution margin regular souvenir sheets = Selling price - Variable cost
= $8.00 - Variable cost
Contribution margin deluxe souvenir sheets = Selling price - Variable cost
= $15.00 - Variable cost
To find the increase (decrease), we'll subtract the contribution margin of regular souvenir sheets from that of deluxe souvenir sheets:
Increase (decrease) in contribution margin = Contribution margin deluxe - Contribution margin regular
= ($15.00 - Variable cost) - ($8.00 - Variable cost)
= $15.00 - $8.00
= $7.00
So, the postal service experienced an increase in total contribution margin of $7.00 when selling 50,000 deluxe souvenir sheets compared to selling 80,000 regular souvenir sheets.
2. Calculation of the percentage increase in selling price and unit sales:
Percentage increase in selling price = [(Selling price deluxe - Selling price regular) / Selling price regular] * 100
= [(15.00 - 8.00) / 8.00] * 100
= 87.5%
Therefore, the St. Vincent post office increased the selling price for the deluxe souvenir sheet by 87.5% compared to the regular souvenir sheets.
Percentage increase in unit sales = [(Unit sales deluxe - Unit sales regular) / Unit sales regular] * 100
= [(50,000 - 80,000) / 80,000] * 100
= -37.5%
The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. Calculation of the selling price for the deluxe souvenir sheet to maintain the same total contribution margin per unit:
To maintain the same total contribution margin per unit, the selling price for the deluxe souvenir sheet should be equal to the selling price for the regular souvenir sheet plus the increase in contribution margin per unit:
Selling price deluxe = Selling price regular + Increase in contribution margin
= $8.00 + $7.00
= $15.00
So, the postal service should set the selling price for the deluxe souvenir sheet at $15.00 to maintain the same total contribution margin per unit.
4. Calculation of the number of deluxe souvenir sheets to be sold to equal the total contribution margin earned from selling 80,000 regular souvenir sheets:
Total contribution margin from selling regular souvenir sheets = Contribution margin regular * Number of regular sheets sold
= ($8.00 - Variable cost) * 80,000
To calculate the number of deluxe souvenir sheets to be sold, we'll set the total contribution margin equal to that of regular sheets and solve for the number of deluxe sheets:
Contribution margin deluxe * Number of deluxe sheets = Contribution margin regular * Number of regular sheets
($15.00 - Variable cost) * Number of deluxe sheets = ($8.00 - Variable cost) * 80,000
Simplifying the equation:
Number of deluxe sheets = (Contribution margin regular * Number of regular sheets) / (Contribution margin deluxe)
= ($8.00 - Variable cost) * 80,000 / ($15.00 - Variable cost)
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Simon Inc. has the following account balances before the closing,
Retained earnings: 2,520 (Credit) D
ividends: 960 (Debit)
Service revenues: 21,920 (Credit)
Wages expense: 3,200 (Debit)
Supplies expense: 1,120 (Debit)
Depreciation expense: 960 (Debit)
Refer to the above data. After closing the temporary accounts, Retained Earnings at December 31 equals:_________
Answer:
$18,200
Explanation:
Retained earnings. $2,520
Add: Service revenue $21,920
$24,440
Less : Expenses
Wages expenses (3,200)
Supplies expense (1,120)
Depreciation exp. (960)
Total expenses. (5,280)
Net income 19,160
Less dividends. (960)
Retained earnings 18,200
Retained earnings at 31 December is $18,200
Which one of the following statements is incorrect regarding small business corporations? a. The shareholders of the entity cannot hold shares or an interest in any other company unless it is permitted shareholdings. O b. The entity qualifies for a 100% allowance in respect of manufacturing plant and machinery. O c. The gross income of the entity must be less than R20 million for the year of assessment. Od. A small business corporation does not pay Dividends tax.
Answer:c. The gross income of the entity must be less than R20 million for the year of assessmen
Explanation:
Exercise 2-2 (Static) Preparing job cost sheet and computing costs LO C1 The following information is from the materials requisitions and time tickets for Job 9 completed by Great Bay Boats. Materials requisitions are identified by code numbers starting with the letter M, and the time tickets start with T. Estimated (applied) overhead for Job 9 is $1,400. Date Document Amount July 1 M-46 $ 1,250 July 1 T-33 600 July 5 M-47 1,000 July 5 T-34 450 July 10 T-35 300 Prepare a job cost sheet for Job 9, which includes costs for direct materials, direct labor, overhead, and total cost.
The Cost Sheet for Job 9 for the month of July is as follows:
Direct materials $2,250
Direct labor 1,350
Applied overhead 1,400
Total cost of manufacturing $5,000
Data for Job 9:
Estimated (applied) overhead = $1,400
Materials Requisitions:
Date Document Amount
July 1 M-46 $ 1,250
July 5 M-47 1,000
Total cost of materials = $2,250
Time Tickets:
Date Document Amount
July 1 T-33 600
July 5 T-34 450
July 10 T-35 300
Total cost of direct labor = $1,350
Thus, the total cost of producing Job 9 in July is $5,000.
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If you wanted to see how much time you spent working on your assignments last Thursday, which
screen would you look at?
Student Activity
External Links
Suggested Facing
Note that If you wanted to see how much time you spent working on your assignments last Thursday, which screen would you look at is: "Student Activity" (Option A). This has to do with a learning management system.
What is Student Activity?A Learning Management System (LMS) is a web-based tool used to store classroom activity online. They are a sort of cloud computing in which the program is accessible whenever and wherever a user has Internet connection.
The goal of a learning management system (LMS) is to provide training and development to Learning and Development (L&D) departments so that they can maintain a company's growth, success, and, eventually, revenue. These are some lofty learning objectives.
Student activities are extracurricular groups and programs that are available to students at a college or university. Student activities are typically intended to get students more active on campus.
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avory foods purchased a one-year hazard insurance policy on august 1 and recorded the $4,200 premium to prepaid insurance. at its december 31 year-end, savory foods would record which of the following adjusting entries?
This entry reflects the fact that $1,750 of the prepaid insurance has been used and $2,450 remains unused at the December 31 year-end.
Savory Foods would record an adjusting entry for the unused portion of the prepaid insurance at its December 31 year-end. This is done by calculating the amount of insurance that has been used from August 1 to December 31 and then subtracting that amount from the total prepaid insurance. The adjusting entry would be a debit to insurance expense and a credit to prepaid insurance.
Here is the step-by-step calculation and adjusting entry:
1. Calculate the amount of insurance used from August 1 to December 31:
- There are 5 months from August 1 to December 31 (August, September, October, November, December).
- The monthly insurance premium is $4,200 / 12 = $350.
- The amount of insurance used is 5 months x $350 = $1,750.
2. Calculate the unused portion of the prepaid insurance:
- The total prepaid insurance is $4,200.
- The unused portion is $4,200 - $1,750 = $2,450.
3. Record the adjusting entry:
- Debit insurance expense for $1,750.
- Credit prepaid insurance for $1,750.
The adjusting entry would be:
Insurance Expense 1,750
Prepaid Insurance 1,750
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In a research experiment, Priya hears the following list of words:
orange, belt, table, swing, cheese, walk, sting, camel, shell, tan, ivy, cola, plane,
screen, egg. When the list is completed, which of the following words will Priya be
least likely to recall?
a)
Orange
b) Cola
c) Table
d) Camel
Answer:
orange
hope this answer may help you
Explanation:
option B, Cola is the correct answer.
hope this helps you.
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Your plan calls for using apprentice plumbers in place of fully licensed plumbers for some jobs. If the apprentice plumbers are 60% as productive as licensed plumbers and licensed plumbers cost $60 per hour, what is the most you should pay for apprentice plumbers?
Answer:
36
Explanation:
)A stock is expected to pay a dividend of $1 per share in two months and in five months. The stock price is $50, and the risk-free rate of interest is 8% per annum with continuous compounding for all maturities. An investor has just taken a short position in a six-month forward contract on the stock. The forward contract is initiated today.
(1) the forward price of the forward contract is $_____ (保留四位小数)
(2) the initial value of the forward contract is $_____ (保留四位小数)
(3) Three months later, the forward price of the stock is 47.9699 for the same forward contract and the risk-free rate of interest is still 8% per annum. The value of the short position in the forward contract is $_____(保留四位小数)
I
The constant growth formula is a good tool to use to value companies in the
industry.
O technology
2000
о
pharmaceutical
utility
I DON'T KNOW YET
The constant growth formula is typically applied more commonly in the utility industry.
The constant growth formula, also known as the Gordon Growth Model, is commonly used to value companies in industries with stable and predictable dividend growth rates. It assumes that the company's dividends or earnings will grow at a constant rate indefinitely. However, it may not be the most suitable tool for valuing companies in every industry.
The constant growth formula can be a useful tool for valuing companies in certain industries like utilities, but it may not be the most appropriate choice for valuing companies in the technology or pharmaceutical sectors.
Utility companies often exhibit stable and predictable cash flows, making them suitable candidates for valuation using the constant growth model.
Therefore, the correct option is utility.
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Creating a Multimedia Presentation
to Demonstrate Knowledge of
Architecture and Construction
Careers
Assignment Summary
For this assignment, you will create a multimedia presentation describing tasks and
work environments for specific Architecture and Construction careers.
Useful references for gathering this information are listed at the end of this
document. Your presentation should include a title slide, thirteen slides representing
tasks and work environments for specific Architecture and Construction careers, and
a works-cited slide.
Assignment Instructions
- Provide information for Construction Carpenters.
a) Create a slide titled Common Tasks for Construction Carpenters.
b) Create a bulleted list describing four tasks for Construction Carpenters that are
listed as common tasks on the O*NET website.
c) Create a slide titled Common Work Activities for Construction Carpenters.
d) Create a bulleted list describing four work activities for Construction Carpenters
that are listed as common work activities on the O*NET website.
e) Create a slide titled Common Work Contexts for Construction Carpenters.
f) Create a bulleted list describing work contexts for Construction Carpenters that
are listed as common work contexts on the O*NET website.
- Provide information for Architects.
a) Create a slide titled Common Tasks for Architects.
b) Create a bulleted list describing four tasks for Architects that are listed as common
tasks on the O*NET website.
c) Create a slide titled Common Work Activities for Architects.
d) Create a bulleted list describing four work activities for Architects that are listed as
common work activities on the O*NET website.
e) Create a slide titled Common Work Contexts for Architects.
f) Create a bulleted list describing work contexts for Architects that are listed as
common work contexts on the O*NET website.
-Provide information for Construction Managers.
a) Create a slide titled Common Tasks for Construction Managers.
b) Create a bulleted list describing four tasks for Construction Managers that are
listed as common tasks on the O*NET website.
c) Create a slide titled Common Work Activities for Construction Managers.
d) Create a bulleted list describing four work activities for Construction Managers that
are listed as common work activities on the O*NET website.
e) Create a slide titled Common Work Contexts for Construction Managers.
f) Create a bulleted list describing work contexts for Construction Managers that are
listed as common work contexts on the O*NET website.
- Provide information for Stationary Engineers and Boiler Operators.
a) Create a slide titled Common Tasks for Stationary Engineers and Boiler
Operators.
b) Create a bulleted list describing four tasks for Stationary Engineers and Boiler
Operators that are listed as common tasks on the O*NET website.
c) Create a slide titled Common Work Activities for Stationary Engineers and
Boiler Operators.
d) Create a bulleted list describing four work activities for Stationary Engineers and
Boiler Operators that are listed as common work activities on the O*NET website.
e) Create a slide titled Common Work Contexts for Stationary Engineers and
Boiler Operators.
f) Create a bulleted list describing work contexts for Stationary Engineers and Boiler
Operators that are listed as common work contexts on the O*NET website.
- Provide information comparing Architecture and Construction careers.
a) Create a slide titled Career Comparison.
b) Create and insert a table in the left column that lists, from highest to lowest,
the median income for each career you have researched in this assignment.
c) Create and insert a table in the right column that lists, from best to worst, the
projected job growth for each career you have researched in this assignment.
Resources
Click this link to view O*NET’s Tasks section for Construction Carpenters.
Click this link to view O*NET’s Work Activities section for Construction Carpenters.
Click this link to view O*NET’s Work Context section for Construction Carpenters.
Click this link to view O*NET’s Tasks section for Architects.
Click this link to view O*NET’s Work Activities section for Architects.
Click this link to view O*NET’s Work Context section for Architects.
Click this link to view O*NET’s Tasks section for Construction Managers.
Click this link to view O*NET’s Work Activities section for Construction Managers.
Click this link to view O*NET’s Work Context section for Construction Managers.
Click this link to view O*NET’s Tasks section for Stationary Engineers and Boiler
Operators.
Click this link to view O*NET’s Work Activities section for Stationary Engineers and
Boiler Operators.
Click this link to view O*NET’s Work Context section for Stationary Engineers and
Boiler Operators.
Answer:
Architects spend much of their time in offices, where they meet with clients, develop reports and drawings, and work with other architects and engineers. They also visit construction sites to ensure that clients’ objectives are met and to review the progress of projects. Some architects work from home offices.
On EDGE
Explanation:
Kris Kerpstra is an employee for General Dynamics. Kris would be considered a human resource.
Answer:
I NEED THIS ANSWERRR TOOO!!
Explanation:
Answer:
Trisha wishes that she and Bo could become better friends. This is an example of an (Non) economic want.
Explanation:
Its not a economic want
If a company is using a cost-focused pricing strategy, it will set prices for products based on __________________
A. what they think costumers will like.
B. how much money they want to make.
C. how much it costs to make them.
D. the current economy.
If a company is using a cost-focused pricing strategy, it will price products based on C. how much it costs to make them.
What is a cost-focused pricing strategy?It corresponds to a set of tactics and actions that a company will develop based on the manufacturing cost of its product line, that is, one of the objectives is to reduce the unit cost of production through economies of scale to price the product in a way that obtain significant profitable advantages for the positioning of the business.
Economies of scale are achieved when a company is able to use its structure to increase the quantity of manufactured products, thus being able to reduce the average cost of producing each product.
Therefore, a pricing strategy focused on cost can be a relevant competitive differentiator for a company to attract consumers and be well positioned in the market in which it operates.
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Costa Rica is a top exporter of coffee. The highest-quality coffee is sold abroad, and the lower-quality coffee is consumed by the native Costa Rican people.
Which basic economic question is not addressed in this information?
A What to produce?
B Why to produce?
C How to produce?
D For whom to produce?
The basic economic question not addressed in this information is for whom to produce . Option D is an appropriate response.
What are the basic economic questions?
Economists address these three questions:
what to producehow to producefor whom to produceThe problem of whom to produce deals with the issue of deciding the category of people who will consume the goods. To make items for the wealthy or the impoverished. Due to a lack of resources, the economy must choose for whom to produce.
Every good created is made for a certain section of society because no single product can satisfy every section of society due to variations in consumer purchasing power.
Hence, Option D is an appropriate response
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What does POS stand for in retail?
Answer:
point of sale
Explanation:
Answer: point-of-sale
Explanation: POS stands for point-of-sale in retail.
If Congress wanted to use contractionary fiscal policy to combat inflation, they wouldQuestion 10 options:Raise taxes and cut spendingCut taxes and raise spendingRaise taxes and raise spendingCut taxes and cut spendingDestroy moneyPrint money
If Congress wished to battle inflation through contractionary fiscal policy, they would a) raise taxes and slash spending.
A contractionary policy is a monetary measure used by a central bank to restrict government spending or the rate of monetary expansion. It is a macroeconomic measure used to control growing inflation.
The main contractionary measures used by the US government include raising interest rates, boosting bank reserve requirements, and selling government securities. Contractionary measures are intended to prevent potential capital market distortions.
High inflation from a rising money supply, unjustified asset prices, or crowding-out effects, in which a rise in interest rates leads to a fall in private investment spending, dampening the initial increase in total investment spending, are examples of distortions.
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Correct question:
If Congress wanted to use contractionary fiscal policy to combat inflation, they would
a) Raise taxes and cut spending
b) Cut taxes and raise spending
c) Raise taxes and raise spending
d) Cut taxes and cut spending
e) Destroy money
f) Print money
14. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. What selling price would the company have established for Jobs P and Q
Completion Question:
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments--Molding and Fabrication. It started, completed, and sold only two jobs during March—Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March):
Molding Fabrication Total
Estimated total machine-hours used 2,500 1,500 4,000
Estimated total fixed manufacturing
overhead $10,000 $15,000 $25,000
Estimated variable manufacturing
overhead per machine-hour $1.40 $2.20
Job P Job Q
Direct materials $13,000 $8,000
Direct labor cost $21,000 $7,500
Actual machine-hours used:
Molding 1,700 800
Fabrication 600 900
Total 2,300 1,700
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
Answer:
Sweeten Company
Total manufacturing costs:
Job P Job Q
Direct materials $13,000 $8,000
Direct labor cost $21,000 $7,500
Variable overhead cost $3,220 $3,740
Fixed overhead costs $10,000 $15,000
Total manufacturing costs $47,220 $34,240
Markup (80%) $37,776 $27,392
Estimated Selling Price $84,996 $61,632
Explanation:
a) Data and Calculations:
Molding Fabrication Total
Estimated total machine-hours used 2,500 1,500 4,000
Estimated total fixed manufacturing
overhead $10,000 $15,000 $25,000
Estimated variable manufacturing
overhead per machine-hour $1.40 $2.20
Job P Job Q
Direct materials $13,000 $8,000
Direct labor cost $21,000 $7,500
Actual machine-hours used:
Molding 1,700 800
Fabrication 600 900
Total 2,300 1,700
Estimated variable
manufacturing overhead
machine-hour $1.40 $2.20
Variable Manufacturing
overhead cost $3,220 $3,740
Based on the costs and the markup percentage, the selling price of Job P would be $4,545 and for Job Q would be $1,848.
What are the predetermined overhead rates?Molding department:
= Variable overhead cost per hour + (Estimated overhead / Estimated machine hours used)
= 1.40 + (10,000 / 2,500)
= $5.40
Fabrication Department:
= 2.20 + (15,000 / 1,500)
= $12.20
Manufacturing overhead of Job P= (Molding department hours x Overhead rate) + (Fabrication department hours x Overhead rate)
= (1,700 x 5.40) + (600 x 12.20)
= $16,500
Manufacturing overhead of Job Q= (800 x 5.40) + (900 x 12.20)
= $15,300
Selling price of Job P= ((1 + markup percentage) x (Direct materials + Direct labor + Manufacturing overhead) ) / Number of Job Q units
= ( ( 1 + 80%) x (13,000 + 21,000 + 16,500)) / 20
= $4,545
Selling price of Job Q= ( ( 1 + 80%) x (8,000 + 7,500 + 15,300) ) / 30
= $1,848
In conclusion, the selling prices are $4,545 and $1,848 respectively.
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Chapter 25 DIFFERENTIAL ANALYSIS, PRODUCT PRICING,AND ACTIVITY-BASED COSTING
Chapter 25 of Managerial Accounting is about differential analysis, product pricing, and activity-based costing. Differential analysis is the study of costs and revenues of different alternatives to help make decisions.
Managers use differential analysis to decide whether or not they should accept a special order, make or buy, sell or process further, or repair or replace equipment. In differential analysis, managers calculate the incremental revenue and incremental cost of each alternative.
If incremental revenue is greater than incremental cost, managers will choose the alternative with the higher profit. On the other hand, if incremental cost is greater than incremental revenue, managers will reject the alternative.
Product pricing is a critical issue for any business. Managers must determine the price that will make a profit while being competitive with other companies. In setting product prices, managers need to consider the cost structure of the product, competitors' prices, and customer demand.
Activity-based costing (ABC) is a costing method that allocates costs based on the activities involved in making a product or delivering a service. ABC helps managers to identify the true cost of products and services.
Managers can use ABC to make better decisions about pricing, product mix, and cost control. ABC provides a more accurate picture of the cost of each product than traditional costing methods.
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Negative criticism is generally
A.private
b. public
c. productive
d. practical
Please select the best answer from the choices provided
Answer:
The answer is A.
Hope I helped! If not I apologize.
Answer:
c is correct on edge
Explanation:
A contestant asks for 200,000 for 25% of their business, what value have they placed on their entire company?
Answer:
$800,000
Explanation:
25% of the business is equal to 200,000, according to the contestants.
The entire company value is equivalent to 100%
25% = 200,000
100% = ?
100% = 200,000/25 x 100
=$8,000 x 100
=$800,000
According to the reading, the main body of a business plan does NOT normally include which of the following:
a) Information on marketing
b) Financial management info
Oc) Bios of key personnel
Od) A full roster, with names, of all planned hires for at least six months
According to the reading, the main body of a business plan does NOT normally include option d) A full roster, with names, of all planned hires for at least six months.
The main body of a business plan typically includes essential information related to the proposed business, such as the business concept, market analysis, marketing strategy, competitive analysis, operations, and financial management.
While information about key personnel may be included, such as their backgrounds and experience, a full roster with names of all planned hires for at least six months is not usually part of the main body of the plan. Such detailed information on hires may be included in supporting documentation or as an appendix to the main plan.
The main body of a business plan is focused on providing key information that supports the proposed business concept and demonstrates its feasibility, profitability, and potential for success to potential investors or lenders.
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Where would your client navigate to view the status of a bill payment that was paid using Bill Pay powered by Melio?
Here are the steps:
Go to the Reports menu on the left pane.Select Bills and Applied Payments from the What you owe section.Click the Customize button at the top.Go to the Rows/Columns drop-down, and then check the box for the Tracking # and other info you want to include it.I hope this helps!!!