Answer:
Predetermined manufacturing overhead rate= $6.875 per machine-hour
Explanation:
Giving the following information:
The estimated manufacturing overhead costs are $275,000 and an estimated 40,000 machine hours.
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 275,000/40,000
Predetermined manufacturing overhead rate= $6.875 per machine-hour
Deposits of $1,530 each were received for advance tour reservations from 10 school groups. At November 30, all of these
deposits have been earned.
Production is an example of a marketing activity.
Question 1 options:
True
False
- How would demand have to change for a price change to be unitary elastic?
Answer:
The percentage change in quantity demanded is exactly equal to the percentage change in price. The percentage change in quantity demanded is exactly equal to the percentage change in price.
Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $16,700 Direct labor 26,794 Factory overhead 32,844 Work in process inventory, March 1 17,028 Work in process inventory, March 31 19,382 Finished goods inventory, March 1 23,631 Finished goods inventory, March 31 25,648 a. Determine the cost of goods manufactured.
Answer:
cost of goods manufactured= $73,984
Explanation:
Giving the following information:
Cost of direct materials used in production $16,700
Direct labor 26,794
Factory overhead 32,844
Work in process inventory, March 1 17,028
Work in process inventory, March 31 19,382
To calculate the cost of goods manufactured, we need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 17,028 + 16,700 + 26,794 + 32,844 - 19,382
cost of goods manufactured= $73,984
Which of the following allows a person to withdraw money early from their individual retirement account (IRA) without penalty?
Loan provisions are possible but not necessarily in a qualified plan. If a plan allows loans, the amount that may be borrowed may be constrained by the plan.
What is considered an individual retirement account?Your ability to save money for retirement tax-advantageously is enabled by an individual retirement account (IRA). With the help of an IRA, a person can save money for retirement while enjoying tax-free growth or deferring taxes. An IRA is an account set up at a financial institution.
By multiplying the value of your Traditional IRA by a life expectancy factor chosen by the IRS, you can determine the amount of your RMD. Your RMD must be calculated separately for each IRA, but you are free to withdraw your entire RMD amount from either one IRA or a group of IRAs.
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In this diagram, use your knowledge of Maslow’s hierarchy of needs theory to identify the five general types of motivating needs, in ascending order.
WORD BANK
- Physiological Needs
- Belongingness Needs
- Safety Needs
In ascending order, the Maslow’s hierarchy of needs is ranked from top to below as:
Self-actiualizationEsteem needlove and belonging needsafety needpysiological needsWhat is the Maslow’s hierarchy?The psychological theory established the motivation theory that states the 5 categories of human needs that dictate an individual's behaviour.
In conclusion, the needs includes Self-actiualization, Esteem need, love and belonging need, safety need and pysiological needs.
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what can prevent dollar general robbery prevention?
Additionally, the business employs loss prevention personnel who "will advise on security measures, investigate instances of theft, and coordinate with Dollar General management and government agencies to ensure that all loss prevention tactics are appropriate and legal," according to the website of a consumer advocacy group.
What is the company's strategy?The long history of profitable growth at Dollar General is based on a dedication to a comparatively straightforward business model: meeting a wide range of customers' basic daily and household needs, supplemented with a variety of general merchandise items at consistently low prices in conveniently located, small-box stores.
Customers are visually assured of their protection by security officers, and they act as a deterrent to bank robbers. 3) Using security cameras both inside and outside the bank to catch potential criminals and try to identify them.
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two ways in which best bank can adapt to the challenges of the macro environment
Answer:
Mergers or Information Management
Explanation:
Mergers-In order to respond to certain challenges, businesses may choose to merge with another business. The new business will have a larger market share than either of the original businesses did.
Information management -All changes lead to new information that needs to be distributed to all the relevant parties.
Information must be managed efficiently and a system must be in place so that the relevant staff can easily access it.
Information must be protected and kept secure to protect the company's intellectual property.
How can organizations use flexibility to utilize human talent in the pursuit of achieving strategic goals?
Flexibility in the workplace may assist long-term strategic corporate goals, such as cost savings from decreased turnover, absenteeism, and workplace accidents. Some forms of flexibility, like telework, allow for continuous work to continue through inclement weather, the flu season, or other obstacles.
People perform better because flexibility grants them autonomy, freedom, and balance. Higher productivity, loyalty, and satisfied workers are the results. Employees strategic may choose to have a compacted workweek or choose their own hours, shifts, and break periods (i.e., working full-time in four days instead of five). Adaptable hours. When necessary, employees might reduce hours or convert to a part-time schedule.
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12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
What is market environment
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
in the cash book, every cash receipt is______ and every cash payment is_______
The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.05 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely. If investors require a 14 percent return on The Jackson-Timberlake Wardrobe Co. stock, what is the current price? Answer with 2 decimals (e.g. 10.12).
Answer:
the current share price is $16.05
Explanation:
The computation of the current share price is as follows;
= Dividend ÷ (required rate of return - growth rate0
= $1.05 × 1.07 ÷ (14% - 7%)
= $1.1235 ÷ 0.07
= $16.05
Hence, the current share price is $16.05
The same should be considered and relevant
According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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Which of the following would NOT be a good allocation base for manufacturing overhead?
-Machine hours
-Accounting hours
-Units of product
-Direct labor hours
Accounting hours are not a good allocation base for manufacturing overhead as they are not related to manufacturing.
Option Accounting hours is correct.
Which base allocation for manufacturing overhead is most effective?Allocation bases can vary, but direct machine hours and direct labor hours are the most common. Direct labor hours are probably the most accurate base for a manufacturing environment with a lot of labor, but machine hours are probably a better choice for an environment with more automated manufacturing.
What makes a good base allocation?The cost that is being allocated ought to be a cause, or driver, of the allocation base. When changes in the allocation base roughly match changes in the actual cost, this is a good sign that the base is appropriate. Therefore, if machine usage decreases, so should the machine's actual operating costs.
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According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
developing recommendations to improve medical care
promoting the best use of land and resources
developing plans for growth and renewal
promoting campaigns for political elections
reviewing applications for government assistance
Nvm its b and c
Answer:
Wat
Explanation:
Answer:
b & c (did the assignment on edg) ;)
Explanation:
Consider the following transactions for Huskies Insurance Company:
a. Equipment costing $42,000 is purchased at the beginning of the year for cash. Depreciation on the equipment is $7,000 per year.
b. On June 30, the company lends its chief financial officer $50,000; principal and interest at 7% are due in one year.
c. On October 1, the company receives $16,000 from a customer for a one-year property insurance policy. Deferred Revenue is credited.
Required: For each item, record the necessary adjusting entry for Huskies Insurance at its year-end of December 31. No adjusting entries were made during the year. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)
Answer:
31-Dec
Dr Depreciation expense $7,000
Cr Accumulated Depreciation - Equipment $7,000
31-Dec
Dr Interest receivable $1,750
Cr Interest revenue $1,750
31-Dec
Dr Deferred Revenue $4,000
Cr Revenue or Service Revenue $4,000
Explanation:
Preparation of Journal entries
31-Dec
Dr Depreciation expense $7,000
Cr Accumulated Depreciation - Equipment $7,000
(To adjust 12 month depreciation)
31-Dec
Dr Interest receivable $1,750
($50,000 x 7% x 6/12)
Cr Interest revenue $1,750
(To adjust 6 month interest revenue accrued)
31-Dec
Dr Deferred Revenue $4,000
($16,000 x 3/12)
Cr Revenue or Service Revenue $4,000
(To record earned revenue for 3 months
On Dec 31
Depreciation expense $7,000
Accumulated Depreciation - Equipment $7,000
Interest receivable $1,750 ($50,000 × 7% × 6 ÷ 12)
Interest revenue $1,750
Deferred Revenue $4,000 ($16,000 × 3 ÷ 12)
Revenue or Service Revenue $4,000
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tying financial models to strategies of a business helps generate more insightful analyses
Tying financial models to strategies of a business helps generate more insightful analyses. Therefore, it's true.
What is a financial model?It should be noted that financial modelling is the representation of a company's operations to achieve a desired goal.
In this case, tying financial models to strategies of a business helps generate more insightful analyses. Therefore, it's true.
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Kai and Ivy Harris have a home with an appraised value of $180,000 and a mortgage balance of only $90,000. Given that an S&L is willing to lend money at a loan-to-value ratio of 75 percent, how big a home equity credit line can Kai and Ivy obtain? How much, if any, of this line would qualify as tax-deductible interest if their house originally cost $200,000?
The amount of equity they have in their home is $90,000 ($180,000 appraisal value - $90,000 mortgage balance).
Kai and Ivy can obtain a home equity credit line of $67,500. The tax-deductible interest would depend on their itemized deductions.
Kai and Ivy Harris have an appraised value of $180,000 on their home and a mortgage balance of $90,000. An S&L is willing to lend money at a loan-to-value ratio of 75 percent.
They are inquiring about the size of the home equity credit line they may get and the amount, if any, that is tax-deductible interest if their house originally cost $200,000.
Therefore, the amount of equity they have in their home is $90,000 ($180,000 appraisal value - $90,000 mortgage balance).
They can borrow up to 75 percent of the appraised worth of their home, or $135,000 ($180,000 x 0.75).
Since they still owe $90,000 on their mortgage, they can borrow up to $45,000 ($135,000 - $90,000) in equity on their home and qualify for tax-deductible interest.
The amount of interest that qualifies as tax-deductible is determined by the IRS.
They can be charged interest on up to $45,000 in debt secured by their house under current tax law, assuming they use the home equity credit line for home improvements.
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In 2022, Rogers & co. reported Net Income equal to $1,000. The company reported Depreciation Expense of $200. The company repurchased 10 shares of Treasury Stock for $500 (10 shares for $50 each). The stock had a par value of $5. The company also paid a dividend of $80 ($0.80 x 100 shares). What was the company's Cash from Financing Activities in 2022? (make the number negative if it is a net cash outflow)
The company's Cash from Financing Activities in 2022 a net cash outflow of $580.
The repurchase of treasury stock is a financing activity, while the net income and depreciation expense are not. The payment of dividends is also a financing activity, as it represents a distribution of profits to the shareholders. First, let's calculate the cash outflow from the repurchase of treasury stock. The company bought 10 shares for $50 each, which amounts to $500. Since this is a cash outflow, we will show it as a negative number.
Next, let's calculate the cash outflow from the payment of dividends. The company paid a dividend of $0.80 per share, and it has 100 shares outstanding. Therefore, the total dividend payment was $80. Again, since this is a cash outflow, we will show it as a negative number.
To calculate the Cash from Financing Activities, we need to add the cash outflows and subtract any cash inflows. In this case, there are no cash inflows, so we only need to add the two cash outflows.
Cash from Financing Activities = - $500 (repurchase of treasury stock) - $80 (payment of dividends) = - $580
Therefore, the company's Cash from Financing Activities in 2022 was a net cash outflow of $580.
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Discusses the effective and ethical use of graphics. Write at least two paragraphs explaining this section. Include specific examples.
Many accept morals for graphicsought to be founded on help, and that aiding others is something to be thankful for to do. With information and admittance to devices that can coordinate individuals' considerations and activities.
Design ethics assist with deciding elements that should be in items and administrations or highlights that should not be. Plan morals help with surveying the moral importance or moral worth of the items that outcome from the action of planning. For example, Signal is a solid telephone and courier application explicitly intended to safeguard its client's security.
The best ethical design practice is foster plans that mainly gather individual data that is to the greatest advantage of the clients.
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If the toothpaste market is monopolistically competitive, product differentiation would not take the form of: production of many varieties of toothpaste, including those with whitening agents. quality differences among the various brands. setting the price of the product well below the price charged by the rivals. differentiation in the locations where certain toothpastes are available.
Answer:
setting the price of the product well below the price charged by the rival
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero
If firms are earning negative economic profit, in the long run, firms leave the industry. This drives economic profit to zero
in the long run, only normal profit is earned
If a monopolistically competitive sets price below competitors, losses would be made. So, there is no incentive to do this
a. The Marketing Department has estimated sales as follows for the remainder of the year (in units):
July
August
30,000 October
70,000
November
September 50,000
December
The selling price of the beach umbrellas is $12 per unit.
b. All sales are on account. Based on past experience, sales are collected in the following pattern:
20,000
10,000
10,000
30% in the month of sale
65% in the month following sale
5% uncollectible
Sales for June totaled $300,000.
c. The company maintains finished goods inventories equal to 15% of the following month's sales. This requ
end of June.
d. Each beach umbrella requires 4 feet of Gilden, a material that is sometimes hard to acquire. Therefore, th
the ending inventory of Gilden be equal to 50% of the following month's production needs. The inventory
beginning and end of the quarter will be:
The Marketing Department projects the following sales for the remaining months of the year (in units): 30,000 in July, 50,000 in August, 70,000 in September, 30,000 in October, and 10,000 in December. The remaining sales for the year will total $1,080,000 at a selling price of $12 per unit.
b. According to prior sales data, 20% of June's sales will be collected in the month of the sale, 65% of sales will be collected in the month after the sale, and 5% of sales will be uncollectible. Thus, $240,000 will be the entire amount collected in June.
c. The business keeps completed products inventories equivalent to 15% of the sales for the following month. As a result, the final completed products inventory for June will be $90,000.
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Write a short summary of the tyrant of Syracuse
The following project includes six activities. Three units of resources are available in each week. Activity A B C D E F, Immediate Predecessor _ _ A A,B B C,D,E, Duration (in weeks) 1 3 4 5 3 2, Resource requirement 1 2 2 1 2 2
1) Just use the information from the diagram to answer the following questions. a) What activities are on the critical path? How long would it take to complete the project if only the technical constraints are considered (i.e. resource constraints are NOT considered). 2) Create a Scheduled Resource Load Table in the space below (just like the table we used in class) to analyze the resource release schedule of the activities. a) How long would it take to complete the project if BOTH technical and resource constraints are considered?
Answer:
a) The critical path is A-D-F. It would take a total of 10 weeks to complete the project if only technical constraints are considered.
b) check the link for table https://prnt.sc/YOghH_M6zs9-
To determine how long it would take to complete the project with both technical and resource constraints, we need to calculate the total resource requirements for each week and compare that to the available resources. From the table above, we can see that there are 3 units of resources available in each week.
In Week 1, Activity A requires 1 unit of resource, so 2 units remain. In Week 2, Activity A requires another unit of resource, leaving only 1 unit available. In Week 3, Activity B requires 2 units of resource, which exceeds the available resources, so we need to delay the start of Activity B until Week 4 when more resources become available. This delay pushes the entire schedule back by one week.
With this adjusted resource load schedule, the critical path is still A-D-F, but the project duration will now be 11 weeks instead of 10 weeks.
6. Why do employees often feel that appraisals “highlight all the bad things they did all year?”
Answer:
Explanation:
Performance appraisal is the method by which the performance of an employee is determined by the employer. It's main purpose is to eliminate the performance deficiencies of the employees. It is a part of career management.
The appraisals stress on the need to have more efficient employee and the deficiencies of the employee pointed out by the appraisal are overcome by the employee by taking the required training. Thus the employees feel that appraisals highlight all the bad things they did al year.
At Wiki Co., all supply purchases were recorded as Supplies Expenses upon purchase. The balance sheet on 12/31/2017 reports a balance for Supplies in the amount of $800. During the year the firm purchased $2,000 supplies. On 12/31/2018, actual supplies on hand amounted to $1,250. Provide the adjusting entry on 12/31/2018. For account names, please use the following account names exactly as it is spelled (you can use copy/paste): Supplies Expenses; Supplies; Cash; Supplies Payable; Other. For amounts, please do not use $ or . (decimal points) or , (1000 separator); just put down the number.
Which of the following statement is correct?
a. firms in monopoly can sell non-commodities while firms in monopolistic competition cannot.
b. firms in monopoly can sell a commodity while firms in monopolistic competition cannot.
c. firms in monopoly are price setters while firms in monopolistic competition are not.
d. firms in monopoly can make economic profit in the short run while firms in monopolistic competition cannot.
Answer:
the correct answer I to this question is c
Concerning segmentation criteria, _____ refers to the degree to which information on the particular buyer characteristic exists or can be obtained.
Concerning segmentation criteria, Data availability refers to the degree to which information on the particular buyer characteristic exists or can be obtained.
The five requirements for efficient market segmentation are as follows: Your market's size and purchasing power profiles should be quantifiable, which means there should be statistics available. The profiles and data of a consumer give marketing strategists the knowledge they need to execute their campaigns. In contrast to many others, demographic factors are also quite simple to quantify. The market can be segmented using psychographic market segmentation criteria based on factors including socioeconomic class, lifestyle, and personality. For a detailed explanation of how to use psychgraphics as a potent segmentation criterion in marketing, see this page.
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Which of the following would most likely cause a leftward shift in demand for a specific brand of cosmetics products? Select the correct answer below: on social media the brand releases a series of advertisements that become very popular a celebrity endorses the brand the brand increases the prices of its products substantially journalists publish a sensational report in a major publication about the brand's secret history of testing its products on animals
This would cause the demand curve to shift to the left due to adverse publicity would most likely cause a leftward shift in demand for a specific brand of cosmetics products.
What does the economic demand curve mean?
The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the amount demanded over a specific time period.
The price will often be shown on the left vertical axis in a representation, and the amount needed will typically be shown on the horizontal axis.
What causes a demand curve?
The demand schedule serves as the foundation for the demand curve. The demand schedule outlines the precise quantity of a product or service that will be purchased at various pricing points. The amount demanded rises as the price falls, which is a crucial point to remember.
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