Handy Leather, Inc., produces three sizes of sports gloves: small, medium, and large. A glove pattern is first stenciled onto leather in the Pattern Department. The stenciled patterns are then sent to the Cut and Sew Department, where the glove is cut and sewed together. Handy Leather uses the multiple production department factory overhead rate method of allocating factory overhead costs. Its factory overhead costs were budgeted as follows:Pattern Department overhead $135,000 Cut and Sew Department overhead 227,800 Total $362,800 The direct labor estimated for each production department was as follows:Pattern Department 2,700 direct labor hoursCut and Sew Department 3,400 Total 6,100 direct labor hoursDirect labor hours are used to allocate the production department overhead to the products. The direct labor hours per unit for each product for each production department were obtained from the engineering records as follows:Production Departments Small Glove Medium Glove Large GlovePattern Department 0.04 0.05 0.06 Cut and Sew Department 0.08 0.10 0.12 Direct labor hours per unit 0.12 0.15 0.18 Required:a. Determine the two production department factory overhead rates.b. Use the two production department factory overhead rates to determine the factory overhead per unit for each product.
Answers
Answer:
a. Determine the two production department factory overhead rates.
Pattern department = $50 per hour
Cut and sew department = $67 per hour
b. Use the two production department factory overhead rates to determine the factory overhead per unit for each product.
Production Small Medium Large
Departments Glove Glove Glove
Pattern Department $2.00 $2.50 $3.00
Cut and Sew Department $5.36 $6.70 $8.04
Explanation:
small, medium, large
Pattern Department overhead $135,000
Cut and Sew Department overhead $227,800
Total $362,800
Pattern Department 2,700 direct labor hours
Cut and Sew Department 3,400
Total 6,100 direct labor hours
Overhead rate per hour:
Pattern department = $135,000 / 2,700 hours = $50 per hour
Cut and sew department = $227,800 / 3,400 hours = $67 per hour
Production Small Medium Large
Departments Glove Glove Glove
Pattern Department 0.04 0.05 0.06
Per unit ($50) $2.00 $2.50 $3.00
Cut and Sew Department 0.08 0.10 0.12
Per unit ($67) $5.36 $6.70 $8.04
Related Questions
A local businessman wants to open a new business in his neighborhood. He looks up the population statistics and discovers that 75% of the population of this region is over the age of 60. What could he predict would be the most successful business to open?
A.
a toy store
B.
a retirement home
C.
a high school tutoring center
D.
an arcade
Answers
The most successful business to open would be retirement home
Consumer behavior and economic trends are combined in market research to support and enhance your business concept.
Understanding your consumer base from the start is essential. Even when your company is still only a vision in your mind, market research allows you to lower risks.
To better understand the opportunities and restrictions for attracting clients, gather demographic information. Population statistics on wealth, family, interests, and any other information pertinent to your business could be included in this.
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Does the judicial system provide justice? Why or why not?
Answers
Yes. The judicial system provide justice because of the effectiveness and fairness of the judicial system. Key points are: Objective Standards and Due Process, Legal Interpretation and Application, Access to Justice, Procedural Delays and Backlogs.
Objective Standards and Due Process: The judicial system operates based on established laws, legal principles, and constitutional rights. The framework of laws and due process aims to ensure fairness and impartiality in legal proceedings.
Legal Interpretation and Application: Interpreting and applying laws to individual cases can be challenging. Judges play a crucial role in interpreting the law and making decisions based on the specific circumstances of each case.
Access to Justice: The accessibility of the judicial system is a vital aspect of justice. Equal access to legal representation, resources, and the courts is essential to ensure fairness.
Procedural Delays and Backlogs: Lengthy procedural delays and backlogs in the judicial system can compromise justice. Delayed justice may result in prolonged suffering, loss of evidence, and diminished public trust in the system.
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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
Answers
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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Sweet Acacia Industries closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $27,200. Notes Receivable include the following.
Date Maker Face Value Term Maturity Date Interest Rate
April 21 Coote Inc. $5,600 90 days July 20 8%
May 25 Brady Co. 8,400 60 days July 24 10%
June 30 BMG Corp. 13,200 6 months December 31 6%
During July, the following transactions were completed.
July 5 Made sales of $4,310 on Sweet Acacia Industries credit cards.
14 Made sales of $600 on Visa credit cards. The credit card service charge is 3%.
20 Received payment in full from Coote Inc. on the amount due.
24 Received payment in full from Brady Co. on the amount due.
Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable. (Interest is computed using 360 days; omit cost of goods sold entries.)
Answers
Answer:
Sweet Acacia Industries
Journal Entries:
July 5: Debit Cash $4,310
Credit Sales Revenue $4,310
To record sales on Sweet Acacia credit cards.
July 14: Debit Cash $582
Debit Service Charge Expense $18
Credit Sales Revenue $600
To record sales made on Visa credit cards with service charge of 3%.
July 20: Debit Cash $5,712
Credit Notes Receivable (Coote Inc.) $5,600
Credit Interest Revenue $112
To record the receipt of full payment with interest.
July 24: Debit Cash $8,540
Credit Notes Receivable (Brady Co.) $8,400
Credit Interest Revenue $140
To record the receipt of full payment with interest.
July 31: Debit Interest Receivable (BMG Corp.) $66
Credit Interest Revenue $66
To accrue interest revenue for 30 days.
Explanation:
a) Data and Calculations:
June 30 balances of Notes Receivable:
Date Maker Face Value Term Maturity Date Interest Rate
April 21 Coote Inc. $5,600 90 days July 20 8%
May 25 Brady Co. 8,400 60 days July 24 10%
June 30 BMG Corp. 13,200 6 months December 31 6%
July 5: Cash $4,310 Sales Revenue $4,310
July 14: Cash $582 Interest Expense $18 Sales Revenue $600
July 20: Cash $5,712 Notes Receivable (Coote Inc.) $5,600 Interest Revenue $112 ($5,600 * 8% * 90/360)
July 24: Cash $8,540 Notes Receivable (Brady Co.) $8,400 Interest Revenue $140 ($8,600 * 10% * 60/360)
July 31: Interest Receivable (BMG Corp.) $66 Interest Revenue $66 ($13,200 * 6% * 30/360)
HELP NEED TO BE DONE FAST
Answers
Answer:
1. Company:Apple
The brand promise of Apple is to provide cutting-edge, usable technological products that improve people's lives. Apple does this through emphasising design, quality, and usability as well as the development of an ecosystem of connected devices and services.Apple also reinforces its brand promise and forges an emotional bond with its customers through its advertising campaigns and physical locations.
2.Company type: Natural medicines and organic supplements are sold by a health and wellness firm.
a. A variety of natural cures and supplements, including vitamins, herbs, and goods for alternative medicine would be sold by the firm.
b. Target client categories might be categorised according to their lifestyle choices and health requirements. For instance, one group would be those seeking immune system support vitamins, while another might be those seeking natural treatments for stress and anxiety.
c. The company may choose to differentiate between these two groups of clients by making tailored advice and offers based on their individual health requirements and concerns. For instance, the business may give the first group a discount on immune-boosting vitamins and the second group a discount on items that reduce stress. This strategy would demonstrate the company's commitment to offering individualised solutions and concern for its clients' specific health issues.
d. If the company discriminates against consumers based on their health issues, gender, age, or other variables, the sort of channel management mentioned above might possibly result in unjust treatment of some groups.
3. a. When determining how much inventory to keep on hand of a specific item, factors to take into account include past sales data, consumer demand trends, seasonality, and supplier availability.
b. If I owned a supermarket or clothes business, I would choose the Just-in-Time (JIT) purchasing strategy. When you just-in-time (JIT) buy inventory, you just buy what you need and pay less for extra inventory and storage space.
c. The ABC inventory system, which classifies items based on their worth and consumption rate, is one inventory control strategy that I would want to utilise.
d. Organic tea and honey are an example of two goods that might be mixed in a retail display. Several types of tea and honey, as well as informational materials on the health advantages of ingesting them together, might be on show.
4. The height and placement of the desk and chair, the location of the computer monitor and keyboard, the lighting and glare in the workspace, the distance between the employee and their equipment, the amount of physical effort needed to perform tasks
Which of the following is not a typical characteristic of a market system?
A. private property
B. freedom of enterprise
C. government ownership of most property resources
D. competition in product and resource markets
Answers
Government ownership of most property resources is not a typical characteristic of a market system. Thus, option 'C' is the correct option.
What is a market system?A market system is any organized procedure that enables several market participants to supply and demand, facilitating communication and transaction between buyers and sellers. It is not simply the pricing mechanism surrounding it and enabling it to function in a social context; it is also the full system of regulation, certification, credentials, and clearing.
Some writers particularly allude to the free market system when they use the phrase "market system." Voting systems are distinct from market systems. Politicians seek voter support less frequently in a voting system, but in a market system, buyers and sellers are continuously active and unequally empowered.
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The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage. In a preliminary study, she observed one of her workers perform this task six times, with the following results:
Observation
1
2
3
4
5
6
52
Time (seconds)
27
30
54
69.8
98
What is the standard time for this task if the employee performance rating is 5.9% percent, and an allowance of 10.8 percent of job time is used?
seconds
Answers
Given: 1 2 3 4 6 Observation Time 5 93 99 87 90 81 90. Observed Time = Average of 6 samples -> ( 99+87 + 90 + 81 + 93 + 90 )/6 = 90. This observed time is at 50% faster rate. Hence Normal Time would be 90*3/2 = 135 seconds.
Standard Time : The standard time for a job can be obtained by multiplying the normal time by an appropriate allowance factor. Hence Standard Time = 135*1.1 = 148.5 ~ 150 seconds.
The synchronisation of clocks inside an area of geography to a single time standard, instead of a local mean time standard, is known as standard time. In general, standard time agrees with local mean time at a few meridian that passes through the area, usually near the centre. Standard time was established in the nineteenth century to help with weather forecasting as well as train travel. Geographical regions became time zones when they were applied globally in the twentieth century.
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yes loloolololololoolloolololololololoolololololol
Answers
Answer:
yup the true maeningnof lol Is laugh aloud or lots of love depending on how it's used
STATE THE MODULES THAT ARE INCLUDED WHEN LEARNING ACCOUNTING.
Answers
Answer:
Accounting software records and processes accounting transactions using modules that include accounts payable, accounts receivable, and payroll. Together, these modules function as an accounting information system.
12). Katja recently joined your team after she felt some uncertainty about working on a remote team. How can you best assure Katja that she can be successful?
A) Introduce her to the other team members before she starts.
B) Ask what she needs in order to be successful before she starts.
C) Provide all the tools she needs for success before she starts.
Answers
To reassure Katja that she can succeed, introduce her to the other team members before she begins. Therefore, option (A) is correct.
The Slovak father and Czech mother gave birth to Katja Krasavice on August 10, 1996, in Teplice. When Krasavice was a young child, the family relocated to Liebschütz in Germany. Krasavice's brother, who had thigh cancer, passed away when she was just 5 years old.
Her father started drinking as a result of this tragedy, and he started treating her mother badly. Her other brother died by in prison when he was 11 years old. Krasavice later gave a court testimony against her father, who had members assaulted her friends, at a later point in her life.
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2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics
Answers
When a tactics is harmful causing various harms to human health or posing threat it should not be supported.
What are Harmful tactics?They are some actions that are taken a particular time to achieve a particular goal and objective which is short time.
This actions are harmful and the results are usually detrimental.
Therefore, U.S. government should not support U.S. tobacco company interest abroad if they are using harmful tactics.
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Type the correct answer in the box. Spell all words correctly.
What does the last paragraph in a cover letter deal with?
The closing paragraph of a cover letter is where you can mention your
information and request for an interview
Answers
The closing paragraph of a cover letter typically deals with summarizing the main points of the letter and expressing your interest and enthusiasm for the position.
The closing paragraph serves as a conclusion to your letter and provides a final opportunity to make a strong impression on the employer. In this paragraph, you can briefly restate your qualifications and how they align with the requirements of the job. It's also a good place to mention any additional relevant information that you haven't already included in the body of the letter. Furthermore, you can express your gratitude for the opportunity to apply and express your interest in moving forward to the next stage of the hiring process. Finally, you can use the closing paragraph to request an interview or indicate that you are available for further discussion.
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Firm under monopolistic competition operates its plant at sub-optimal capacity. Why?
Answers
Answer:
We live in an economy based on scarcity. Things that are rare cost more. The more access can be restr ed, the higher the cost can be and so higher profits. Since our economy wants to maximise profits, and thus scarcity, the best way for companies/ individuals to do that is to get monopolies, or oligopolies, and then restrict access, and increase prices. If you produce as much as possible at cost, making no profits, then there is going to be little scarcity for that product, costs are going to be low.
A firm under monopolistic competition operates its plant at suboptimal capacity to create a sense of limited goods in people's minds.
What is monopolistic competition?
Monopolistic competition is termed as a process in which the companies produce similar products but not exactly the same product that acts as substitute.
A firm under monopolistic competition operates its plant at suboptimal capacity, which means that they do not make the product at its best capacity. That means that if a country can make 100 products, that company will only make 750 of them even after the demand also.
It gives a sense of scarcity among the people and also these products can be sold by this company at a higher price or opt for low substitutes which makes the monopolistic company earn more.
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What is market segmentation in marketing with example?
Answers
Market segmentation, in marketing, is the division of a broad target market into more focused groups based on shared characteristics, tendencies, requirements, or preferences.
Market segmentation in marketing with example.In marketing, market segmentation refers to the process of breaking up a large target market into more narrowly defined segments based on shared traits, tendencies, needs, or preferences. Identification of various market segments is necessary in order to target them with specialized marketing techniques and messages.
Think about a business that sells athletic shoes. They choose to use market segmentation to find particular segments with varied wants and preferences when it comes to athletic shoes rather of targeting the full market of potential clients.
The corporation can effectively target these niche markets with goods and advertising messages that speak to their particular needs and preferences by using market segmentation. Their chances of succeeding in the market are eventually increased by being able to customize their product offers, pricing, promotional techniques, and distribution networks to each segment.
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Four aspects of empowered performance are understanding variation, deciding what to measure, working correctly with data, and using the resulting information appropriately.
a. True
b. False
Answers
Answer:
False
Explanation:
You and your colleagues have just been hired as the marketing team for an alternative music radio station that will launch in one month, targeting a core group of men and women aged 18–24. The general manager has asked you to develop the “ideal” media plan for launching the station. (For this initial draft, you may ignore budget concerns). Your challenge is to develop a highly innovative, carefully targeted plan for the first six months of operation, keeping in mind that too much exposure will turn away the alternative music crowd, but too little exposure will yield too few listeners. Assume that advertising will begin two weeks before the day of the launch. Where will you advertise? How will you time your advertising?
Questions to Consider:
· Do nontraditional media (e.g., text messages) invade privacy? “Commercial pollution”? Why or why not?
· When a campaign uses multiple media vehicles, how can you measure the effectiveness of each individually?
Answers
To develop the "ideal" media plan for launching an alternative music radio station targeting 18-24 year olds, it is necessary for the marketing team to conduct market research to identify the advertising channel and timing of the publicity.
How to choose the ideal advertising channel?It is necessary that the advertisements of a company are aligned with the public that it wants to reach. Analyzing the information in the question, the first step that marketers should identify would be the communication channels and media that their target audience uses most.
Assuming that young people aged 18 to 24 who listen to alternative music use forums to exchange ideas about music, perhaps exposure of radio advertising on this platform could reach the target audience while remaining exclusive.
Therefore, all marketing communications must be primarily aligned with the needs and desires of the potential consumer in order to be successful. Advertising needs to engage, create value for the consumer and cause the desire to consume a certain product or service.
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Select the correct answer from each drop-down menu.
Complete the following sentences related to IT policy in a workplace.
You can instill a sense of trust in your
You can also install an Internet
by allowing them to use the Internet for
system to protect the data in your systems.
use for a limited time.
Answers
Answer:
You can instill a sense of trust in your employees by allowing them to use the Internet for personal use for a limited time.You can also install an Internet security system to protect the data in your systems.
Explanation:
Answer:
Clean your screen
Explanation:
ts dirty
A company that accepts responsibility for a problem and does all that society expects to solve that problem is using:
a defensive strategy.
a proactive strategy.
an accommodative strategy.
a reactive strategy.
A tobacco company taking a reactive stance to the claims that smoking causes cancer would:
1. stop selling cigarettes as they are harmful to your health and actively warn consumers about the dangers of tobacco use.
2. create an advertising campaign, suggesting that breathing secondhand smoke was less dangerous than drinking milk.
3. sponsor advertisements on the impact that smoking can have on your health.
4. place a warning label on cigarette packages about the dangers of smoking.
Generally, there ___ a trade-off between being socially responsible and economic performance.
Answers
A company that accepts responsibility for a problem and does all that society expects to solve that problem is using: an accommodative strategy.
What is a Reactive Strategy?This refers to the type of strategy that a person uses to respond to issues when they happen.
Hence, we can see that a tobacco company taking a reactive stance to the claims that smoking causes cancer would: 4. place a warning label on cigarette packages about the dangers of smoking.
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An employee attends work while she should be hospitalized due to the fear of losing her job. Although the situation only affects one employee, it may result in a serious health emergency, fulfilling what facet of moral intensity
Answers
Answer:
Magnitude of consequences
Explanation:
The entire quantity of harm (gain) that occurs from the planned conduct is referred to as the scale of outcomes, and moral intensity rises as the level of suffering rises.
The amount of emotion a man feels for the implications of a moral choice is referred to as moral intensity. When a person's moral intensity is strong, his or her morality awareness and judgement are usually enhanced, leading to judgments not to participate in immoral action.
What are the differences between first-generation OD and second-generation OD? What are the major changes between these two generations of OD practice? What do you think have been the losses or gains in the second generation of OD practice?
Answers
The main difference between the two generations of OD is that the first generation focuses on individual development, while the second generation focuses on the development of the entire organization.
1st generation:
We focus on personal growth through T Group. Management Practices and Employee Participation.
- Behavioral surveys, survey feedback and sociotechnical systems.
Second generation:
It highlighted larger system-wide concerns such as culture, change management, and organizational development. I think there are some gains and losses. OD is not a one-size-fits-all approach. Different organizations therefore require different approaches. It is a win in the sense that they are new and improved because there are new experiences and research programs and scholars build on previous practices.
But it's a loss. Perhaps his OD practices in the 1st gen work best for a particular company, but are overlooked or heavily altered for the 'benefits' of the 2nd gen and never tried. because they won't try. In defining these groups, “first generation” refers to foreign-born individuals who have at least one foreign-born parent. People born in the Netherlands from at least one of their foreign-born parents belong to the 'second generation' (CBS, 2000).
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Please answer in one minute will mark BRAINLIST
Answers
Answer:
it's b reckless. ... ...
Answer:
b
Explanation:
reckless
Problem 1 (20 points) For this problem, you will use theHarry's Holiday Hotel found in the Exam Workbook. In thisparticular problem, imagine a local business person who operates alocal hotel wishes to have you complete a spreadsheet application for her business. In this spreadsheet you will see a simple form he intends to use to calculate customer totals.
Your task is to complete the following activities:
1) Create an appropriate data validation, appropriate input message, and relevant error alert for all of the fields highlighted in yellow. (2 pts each)
a. Cells C7 should reflect the choice of hotel room (Studio, 1 BR, 2 BR & Penthouse)
b. C11 should reflect the number of nights stayed. (Minimum 2, Maximum is 14)
C G7 should reflect the customer's status in the rewards program. Options listed in
spreadsheet as: None, Silver, or Gold
2) Enter the following values in your spreadsheet
Enter the value of 0 in cell J7, Enter the value of 1.5 in cell K7
. Enter the value of 3 in cell L7, Enter the value of $99 in cell J12
. Enter the value of $129 in cell 313, Enter the value of $149 m cell 114 . Enter the value of $189 in cell. JIS
Answers
For cell C7, select the cell and go to the Data Validation option in the Data tab. In the Settings tab, choose "List" under Allow, and in the Source field, enter the options for hotel room types (Studio, 1 BR, 2 BR & Penthouse) separated by commas. In the Input Message tab, enter a message to inform the user about the available options. In the Error Alert tab, select "Stop" and enter an error message to inform the user to choose a valid option.
For cell C11, select the cell and go to the Data Validation option in the Data tab. In the Settings tab, choose "Whole Number" under Allow, and in the Data field, choose "between" and enter the minimum (2) and maximum (14) number of nights stayed. In the Input Message tab, enter a message to inform the user about the valid range of values. In the Error Alert tab, select "Stop" and enter an error message to inform the user to enter a value within the valid range.
For cell G7, select the cell and go to the Data Validation option in the Data tab. In the Settings tab, choose "List" under Allow, and in the Source field, enter the options for customer status in the rewards program (None, Silver, Gold) separated by commas. In the Input Message tab, enter a message to inform the user about the available options. In the Error Alert tab, select "Stop" and enter an error message to inform the user to choose a valid option.
To enter the values in the spreadsheet:
Select the cells J7, K7, L7, J12, J13, J14, J15 and enter the values as instructed.
Note: Make sure to save your spreadsheet and test the data validation and error alerts by entering invalid or out-of-range values.
Suppose the wage (w) is $10 and the cost of capital (v) is $15. What is the average total cost of producing 10 widgets when they are produced in the least-cost way
Answers
Answer:
$17
Explanation:
Note: The missing table for this question is attached below as picture
Q=10
Cost Minimizing K=6, L=8
W=10, V=15
Cost Function (C)= WL + VK
C = $10*8 +$15*6
C = $80 + $90
C = $170
Now we calculate the average total cost of producing 10 widgets?
Average total cost = C/Q
Average total cost = $170/10
Average total cost = $17
Read the articles, the interview, and listen to the podcast then answer the following questions-
1. What is the main takeaway for you in each of them?
2. How can you incorporate what you learned in each of them into your final social media marketing plan?
"How to Create a Social Media Content Strategy"
"How to Integrate Your Digital Marketing and Social Media Plan for Online Success"
"The Journey of a Social Media Marketer: Q&A with SMT Influencer Rachel Strella"
Answers
Main takeaway: Creating a great social media content strategy is imperative for marketing and engaging your audience.
2a. I'll focus on a content strategy that meets our goals and audience needs.
2b. We'll regularly analyze content metrics to keep our strategy effective and flexible.
2c. I'll align our digital marketing with social media for a consistent brand experience. By merging plans, we can enhance our online presence and boost success.
2d. I'll apply the influencer's experiences to our marketing plan. I'll explore social media marketing challenges and strategies to adapt for success.
What is the Social MediaIntegrating Digital Marketing and Social Media for Online Success: Learn how aligning strategies can enhance brand experience and boost results.
Define your goals for content creation to increase brand awareness, website traffic, lead generation, or customer engagement. Identify target audience: demographics, interests, preferences. Use this info to personalize your content. Choose social media platforms that fit your audience and goals.
Analyze competitors' social media presence for successful tactics, content types, and engagement strategies. Get industry insights on what works well.
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Lux Ladies, Inc., is a company that specializes in expensive and unusual gifts for all occasions. It keeps a large file of information on all of its regular customers, including names, addresses, and type of gifts they have ordered in the past, and the size and frequency of their orders. The electronic file which stores this information is a(n)
Select one:
a. spreadsheet.
b. MP3 file.
c. PERT file.
d. database.
Answers
Option D. The database is the The electronic file which stores this information for the company Lux Ladies, Inc.
What is a database?A database in computing is a structured collection of data that is electronically accessible and stored. Large databases are housed on computer clusters or cloud storage, whilst small databases can be stored on a file system.
A database is a collection of data that has been organized to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.
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The violation of a material warranty or other material provision of a policy allows
Answers
For example, if a homeowner's insurance policy includes a material warranty that the home has a functioning smoke detector system, but the insured party intentionally disables the smoke detectors, this could be considered a violation of the material warranty. If a fire were to occur in the home and cause significant damage, the insurer may be able to deny coverage or cancel the policy due to the violation of the material warranty.
Similarly, if a business liability insurance policy includes a material provision that the insured party must maintain a certain level of safety standards or risk management practices, but the insured party fails to do so, this could be considered a violation of the material provision. If a liability claim is made against the business and it is found that the failure to maintain safety standards or risk management practices contributed to the claim, the insurer may be able to deny coverage or cancel the policy.
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run:
a.reduce the level of output its produces
b.increase the level of output it produces
c.neither increase nor decrease the level of output it produces
d.shut down
Answers
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.
For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.
So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.
Hence, option D is correct.
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United States Steel Corporation’s (X) 7.5% bonds due in 2022 were reported as selling for 103.2.
Icon Were the bonds selling at a premium or at a discount? Why is United States Steel able to sell its bonds at this price?
Answers
Answer:
because they are able to create it at a lower price
Explanation:
As a result of the lower market interest rate for bonds of comparable quality, the bonds were being sold for a premium.
What are bonds?The loan given by an investor to a debtor is represented by a bond, a fixed-income financial instrument. The terms of the loan and the payments are outlined in a bond, which can be compared to an I.O.U. between the lender and borrower.
The amount the bank charges the borrower when making a loan of any kind is referred to as the interest rate. This interest rate-based loan amount must be repaid by the borrower along with the principal sum.
Keeping in mind that investors are prepared to pay more for securities that have lesser potential risk, the bonds are going to sell for more than their nominal value if the market rate of return is lower than the contract rate of interest.
Learn more about Bonds, here:
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Since you are selling friendship bracelets online, the Internet service provider (ISP) is your agent.
True
False
Answers
Answer:
false
Explanation:
the internet service provider is a service for internet not an agency
Answer:
true on edgin
Explanation:
what is the community guidelines for Brainly?
Answers
Answer:
No bulling, no copying from websites, keep personal info private, and you have to be honest
If you wanan know more look up "bra.inly comm.unity gu.idelin.es"
Explanation:
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