how is an emergency fund simalar to and different from a savings fund?

Answers

Answer 1
The difference is that you use an emergency fund for dire situations such as paying off hospital fees or paying sudden unexpected bills

Savings fund is more where you save for a down payment or a car or other things you are saving up for

The things these have in common is that for each fund you are saving for an event like how you save up for a car or unexpected bills

Related Questions

You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture

Answers

The T-Account can be made as follows with the credit of $3,754. The expenses are deducted from the balance as the total credit available.

What is Expense?

Expenses are the costs that are paid by businesses, these costs are incurred for the operations of business. The expenses are paid from the cash/ bank balance available at the business.

It is recommended that the expenses are in a control and are lower than the revenue generated by the business.

T-Account

Operating Expense Account

$420

$250

$100

$250

Petty Expenses Account

$150

$100

Asset Account

$1500

$650

$334

The account are made according to the nature of expenses, there are two expenses that are not to be classified as an expense instead they need to be treated as a capital expenditure that is to be posted in Asset account.

Expenses with one off event and small amount and in general in nature are posted in petty expenses

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If you buy a house for $150,000 and anticipate that the market value of the home will increase at 5 percent a year, how much will the house be worth in 14 years?

Answers

The house will be worth $296,989.70 after 14 years.

The future worth of the house is computed as

= Present worth x (1 + rate of increase)^time

Given,

= 150,000 x (1 + 5%)^14

= $296,989.70

The present value formula is PV=FV/(1+i)n, where you divide the future value FV by a factor of 1 + I for each period between the present and future dates. Input these numbers in the present value calculator for the PV calculation: The future value sum FV. A number of time periods (years) t, which is n in the formula.

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The price elasticity of supply reflects the flexibility of firms to increase or decrease the quantity supplied.
Which of the following does NOT increase flexibility?

Answers

So far in this chapter, all of the elasticity metrics have been related to the demand side of the market. Knowing how sensitive the amount given is to a change in pricing is also helpful.

Let's say there is a surge in apartment demand. There will be a dearth of flats available at the previous level of rent, which will put pressure on rents to increase. With all other factors remaining constant, the lower the rise in rent necessary to address the shortfall and restore market equilibrium, the more sensitive the supply of available flats is to changes in monthly rates. In contrast, price would need to climb more if quantity provided is less responsive to price changes, resulting in a shortage brought on by a spike in demand.

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Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.

Answers

The system is mr. D using at walgreens to reduce his costs is just in time inventory.

What is just in time inventory?JIT, or just-in-time inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.With a just-in-time (JIT) inventory system, a business receives products as close as feasible to the moment they are actually required. As a result, if an auto assembly facility wants to install airbags, it doesn't maintain a supply on hand; instead, it gets them as the cars are put together.In conclusion. When used properly, JIT inventory can be a terrific method to reduce costs and boost productivity.

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What does the fox say? I am not talking about the song, what does it say in real?

Answers

Answer:

The most commonly heard red fox vocalizations are a quick series of barks, and a scream-y variation on a howl. All fox vocalizations are higher-pitched than dog vocalizations, partly because foxes are much smaller.

Explanation:

Hope this helps ✌

Find a false statement on bond duration. Multiple choice question. With time to maturity and yield to maturity held constant, a bond's duration and interest rate sensitivity are higher when the coupon rate is lower. With other factors held constant, the duration of a coupon bond is higher when the bond's yield to maturity is higher. Duration always increases with maturity for a premium bond. The duration of a zero-coupon bond equals its time to maturity.

Answers

Answer:

✓With time to maturity and yield to maturity held constant, a bond's duration and interest rate sensitivity are higher when the coupon rate is lower.

✓The duration of a zero-coupon bond equals its time to maturity.

✓Duration always increases with maturity for a premium bond.

Explanation:

Bond duration in finance can be regarded as a way used in measuring

the likelyhood or how much the prices of bond to change when and there is a movement in interest rates. It can be defined as the measurement of the risk interest rate. With Understanding about bond duration, it will be easier for investors to determine how bonds can fit in to investment portfolio. It should be noted that With other factors held constant, the duration of a coupon bond is higher when the bond's yield to maturity is higher.

Given the following information, calculate the ceiling price: target price=$193; government share of overrun-40/60; CRM-$180; target cost: $170.
O $200
$197
$203
$193

Answers

Answer: $185.33.

Explanation: Given the provided information:

Target Price = $193

Government Share of Overrun = 40/60 (or 4/6)

Target Cost = $170

Ceiling Price = $170 + (4/6 * ($193 - $170))

Ceiling Price = $170 + (4/6 * $23)

Ceiling Price = $170 + (2/3 * $23)

Ceiling Price = $170 + $15.33

Ceiling Price ≈ $185.33

Therefore, the ceiling price is approximately $185.33.

Which statement is true regarding monopolistic competition?

Answers

Answer:

AR>MR

--------------------------------------

WHERE ARE THE OPTIONS.

Which core competency of the Lean Enterprise focuses on building quality in?

Answers

Answer:

Technical Agility

Explanation:

Lean Enterprise is a process of continuous improvements in operations which generates value for the end product. The company have to continuously improve its product so that the customers remains satisfied and newer markets can be easily accessed depending upon the added features in the product.

For this reason, technical agility says that the newer technologies must be adapted or must be integrated with its existing technology because it brings quality to the company end products and makes processes and operations better than before.

Which one of the following is the reason that bonds may sell at a discount or premium?
A. The market yield rate fluctuated between the time the bond agreement was written and the date the bonds were actually issued to investors
B. Market conditions caused the coupon rate of interest to change between the time the bond agreement was written and the date the bonds were actually issued to investors
C. The bond issuer failed to consider the market yield rate when the bond agreement was created
D. The bond issuer adjusted the coupon rate to match that of other bond issues

Answers

Answer:

A. The market yield rate fluctuated between the time the bond agreement was written and the date the bonds were actually issued to investors

Explanation:

Interest rate changes and changes in the market price of outstanding bonds have an inverse relationship. If the market rate of interest is more than coupon rate than the bonds are sold at discount to match the market interest rate and if the coupon rate is more than market rate than bonds are sold at premium for match the market rate of interest.

Coupon rates one decided than there is no change in the life time of the bonds but market rate are always changing and because of this the bonds are sell at discount or premium.

• Macroeconomic Indicators: During the simulation, you made decisions concerning government spending. Discuss the impact of your decisions on key macroeconomic indicators such as real GDP growth and unemployment. Refer to the graphs “Real GDP Growth” and “Unemployment Rate” from your simulation results to illustrate the impact. • Interest Rates: Describe how your changes in interest rates impacted inflation and other key macroeconomic indicators used in the simulation. Refer to the “Inflation Rate” graph from your simulation results. • Please answer the questions above based on the results below: • • Your approval rating is low and your population is dissatisfied with the state of the economy. Review the game instructions and the Macroeconomics materials to see how your economic policy making can be improved. • The economy is growing at a good pace. See if you can identify the policy decisions that have resulted in this level of economic growth. • Consumption is falling. Remember that consumption is the largest component of GDP in an economy. • The inflation rate is negative, meaning that there is deflation. Falling prices can be dangerous for an economy as consumers postpone their purchases as they wait for prices to fall further and the economy can go into a downward spiral. • The budget deficit is large. Consider what can be done to bring government spending in line with revenues. This can be done by raising taxes or keeping government spending under control. However, remember that cutting spending too much might lead to a recession.

Answers

Answer:

To increase exports and import only necessary items.

Explanation:

The only way to bring government spending in line with revenues is the more production of goods which fulfill the necessities of the existing population as well as extra amount of goods can be exported to other countries in exchange of money. This export of goods increase the purchasing power of the country. The government should imports only the necessary items such as food products and medicines that is used on daily basis. The luxurious items should not be imported or increase tax on these items. In this way, we bring the government spending in line with revenues.

How many pounds of RCRA hazardous waste can a CESQG/VSQG generator per month

Answers

The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.

How to explain the information

CESQG (conditionally exempt small quantity generator) and VSQG (very small quantity generator) are two different classifications of hazardous waste generators under the Resource Conservation and Recovery Act (RCRA) regulations in the United States.

The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.

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Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?

Answers

Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.


On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.

Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.

It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.

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Marsh Company had 150 units of product A on hand at January 1, year 2, costing $21 each. Purchases of product A during the month of January were as follows: Units Unit cost Jan. 10 200 $22 18 250 23 28 100 24 A physical count on January 31, year 2, shows 250 units of product A on hand. The cost of the inventory at January 31, year 2, under the LIFO method is

Answers

Answer:

$5,850

Explanation:

Calculation to determine what The cost of the inventory at January 31, year 2, under the LIFO method is

Using this formula

Cost of inventory= January 28 units * Cost per unit + Remaining units *Cost per unit

Let plug in the formula

Cost of inventory= 100 units * $24 + 150 units *$23

Cost of inventory= $2,400 + $3,450

Cost of inventory= $5,850

Therefore The cost of the inventory at January 31, year 2, under the LIFO method is $5,850

Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?

Answers

The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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You are giving your pitch and state that you'll get 30% of this new 1.3 billion market in 2 years. A member of the audience laughs. What did you just say your year two revenue would be? Yeah

Answers

Answer:390,000,000

Explanation: 30% of 1.3 billion

In the given situation, when it says 30% of 1.3 billion then it just say year of two revenue would be $ 390,000,000.

What do you understand by the revenue?

Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations.

While income or profit includes the costs incurred in generating revenue and reports net (not gross) results, revenue simply refers to the proceeds from sales.

Revenue (from the sale of goods or services) less operational expenses equals operating income.

Non-operating income is irregular or irregular money that comes from other sources (e.g., lawsuit proceeds).

Therefore, in the given situation, when it says 30% of 1.3 billion then it just say year of two revenue would be $ 390,000,000.

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Insurance offers consumers

A. protection from the costs of unplanned events.
B. a guarantee that a business will succeed.
C. income to help start a new business venture.
D. full reimbursement after business setbacks.

Answers

I think answer it’s A umm I was confused by c but I think the right one it’s A

Insurance is a means of protection that offers financial, medical and many sorts of supports at the time of need. The insurance can range from car to loan to many multiple things.

Hence its  a sort of protection for the unknown costs and protects us from unknown events.

Hence the option A is correct.

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15. Consider a no-load mutual fund with $400 million in assets, 50 million in debt, and 15 million shares at the start of the year; and $500 million in assets, 40 million in debt, and 18 million shares at the end of the year. During the year investors have received income distributions of $0.50 per share, and capital gains distributions of $0.30 per share. Assuming that the fund carries no debt, and that the total expense ratio is 0.75%, what is the rate of return on the fund

Answers

Answer:

12.09%.

Explanation:

Calculation to determine the rate of return on the fund

First step is to calculate the beginning year NAV

Beginning year NAV = ($400 million assets - 50 million debt) / 15 million shares

Beginning year NAV = 23.33

Second step is to calculate the ending year NAV

Ending year NAV = ($500 million assets - (500*0.75% expense) - 40 million debt] / 18 million shares

Ending year NAV =[456.25/18 million shares]

Ending year NAV =25.35

Now let calculate the return using this formula

Return = (Ending NAV -beginning NAV + Capital gain + income) / Beginning NAV)

Let plug in the formula

Return = (25.35-23.33+0.30+0.50)/23.33

Return = 12.09%

Therefore the rate of return on the fund is 12.09%

The fact that Black Diamond has employees working in the organization from all around the world demonstrates:

Ethnocentrism
Stereotypes
Cultural competence
Like me bias

Answers

Answer:

The answer is Cultural competence

The fact in which the black diamond has the employees working in the company represents cultural competence.

The information related to cultural competence is as follows:

It is the capability for understanding, communicating, and interacting with people from different kinds of cultures. Also, it is should be presented in the black diamond.

Thus all other options are wrong.

Therefore we can conclude that The fact in which the black diamond has the employees working in the company represents cultural competence.

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Woolies environmental impact in relation to the triple bottom line

Answers

The environmental impact as regard is the Triple bottom is that Woolies has reduced the ways that it sends wastes to landfills and has also embraced the method of recycling.

What is the triple bottom line?

This is the term that is used to refer to a sustainable network or frame work that a business may have to adopt. What this means is that they would have to adopt the practice of measuring the success of the business through the eyes of the following elements.

peopleplanetprofit

Hence The environmental impact as regard is the Triple bottom is that Woolies has reduced the ways that it sends wastes to landfills and has also embraced the method of recycling.

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Sheridan Corporation wishes to exchange a machine used in its operations. Sheridan has received the following offers from other companies in the industry.

1. Skysong Company offered to exchange a similar machine plus $25,300. (The exchange has commercial substance for both parties.)
2. Concord Company offered to exchange a similar machine. (The exchange lacks commercial substance for both parties.)
3. Marigold Company offered to exchange a similar machine, but wanted $3,300 in addition to Sheridanâs machine. (The exchange has commercial substance for both parties.)

In addition, Sheridan contacted Swifty Corporation, a dealer in machines. To obtain a new machine, Sheridan must pay $102,300 in addition to trading in its old machine.

Sheridan Skysong Concord Marigold Swifty
Machine cost $176,000 $132,000 $167,200 $176,000 $143,000
Accumulated depreciation 66,000 49,500 78,100 82,500 â0â
Fair value 101,200 75,900 101,200 104,500 203,500

Required:
For each of the four independent situations, prepare the journal entries to record the exchange on the books of each company

Answers

Answer:

1. In the books of SHERIDAN

Dr Cash $25,300

Dr Machinery $75,900

Dr Accumulated Depreciation - Machinery $66,000

Dr Loss on disposal $8,800

Cr Machinery $176,000

In the books of SKYSONG

Dr Machinery $101,200

Dr Accumulated Depreciation - Machinery $49,500

Dr Loss on disposal $6,600

Cr Cash $25,300

Cr Machinery $132,000

2. In the books of SHERIDAN

Dr Machinery $101,200

Dr Accumulated Depreciation - Machinery $66,000

Dr Loss on disposal $8,800

Cr Machinery $176,000

In the books of CONCORD

Dr Machinery $89,100

Dr Accumulated Depreciation - Machinery $78,100

Cr Machinery $167,200

3. In the books of SHERIDAN

Dr Machinery 104,500

Dr Accumulated Depreciation - Machinery $66,000

Dr Loss on disposal $8,800

Cr Cash $3,300

Cr Machinery $176,000

In the books of MARIGOLD

Dr Cash $3,300

Dr Machinery $101,200

Dr Accumulated Depreciation - Machinery $82,500

Cr Machinery $176,000

Cr Gain on disposal $11,000

4.In the books of SHERIDAN

Dr Machinery $203,500

Dr Accumulated Depreciation - Machinery $66,000

Dr Loss on disposal $8,800

Cr Cash $102,300

Cr Machinery $176,000

In the books of SWIFTY

Dr Cash $102,300

Dr Inventory $101,200

Cr Sales Revenue $203,500

Dr Cost of Goods Sold $143,000

Cr Inventory $143,000

Explanation:

Preparation of the journal entries to record the exchange on the books of each company

1.Preparation of the journal entries in the books of purchaser and seller as follows

In the books of SHERIDAN

Dr Cash $25,300

Dr Machinery $75,900

Dr Accumulated Depreciation - Machinery $66,000

Dr Loss on disposal ($176,000 − $25,300 − 75,900 − 66,000) $8,800

Cr Machinery $176,000

(To record exchange of machinery)

In the books of SKYSONG

Dr Machinery $101,200

Dr Accumulated Depreciation - Machinery $49,500

Dr Loss on disposal ($132,000 + $25,300 − 101,200 − 49,500) $6,600

Cr Cash $25,300

Cr Machinery $132,000

(To record exchange of machinery)

2. Preparation of the journal entries in the books of purchaser and seller

In the books of SHERIDAN

Dr Machinery $101,200

Dr Accumulated Depreciation - Machinery $66,000

Dr Loss on disposal ($176,000 − $101,200 − $66,000) $8,800

Cr Machinery $176,000

(To record exchange of machinery)

In the books of CONCORD

Dr Machinery ($167,200 − $78,100) $89,100

Dr Accumulated Depreciation - Machinery $78,100

Cr Machinery $167,200

(To record exchange of machinery)

3. Preparation of the journal entries in the books of purchaser and seller

In the books of SHERIDAN

Dr Machinery 104,500

Dr Accumulated Depreciation - Machinery $66,000

Dr Loss on disposal ($176,000 + $3,300 − $104,500 − $66,000) $8,800

Cr Cash $3,300

Cr Machinery $176,000

(To record exchange of machinery)

In the books of MARIGOLD

Dr Cash $3,300

Dr Machinery $101,200

Dr Accumulated Depreciation - Machinery $82,500

Cr Machinery $176,000

Cr Gain on disposal ($176,000 − 101,200 − 82,500 − $3,300 ) $11,000

(To record exchange of machinery)

4. Prepare the journal entries in the books of purchaser and seller as follows

In the books of SHERIDAN

Dr Machinery $203,500

Dr Accumulated Depreciation - Machinery $66,000

Dr Loss on disposal ($176,000 + $102,300 − $203,500 − $66,000) $8,800

Cr Cash $102,300

Cr Machinery $176,000

(To record exchange of machinery)

In the books of SWIFTY

Dr Cash $102,300

Dr Inventory $101,200

Cr Sales Revenue $203,500

(To record sales revenue)

Dr Cost of Goods Sold $143,000

Cr Inventory $143,000

(To record cost of goods sold)

Luther Industries has a dividend yield of 4.5% and and a cost of equity capital of 12%. Luther Industries dividends are expected to grow at a constant rate indefinitely. The grow rate of Luther's dividends are closest to

Answers

Answer:

Explanation:

dividend yield= dividend/PV

dividend discount model:

PV=D/(r-g)

D/PV= r-g

D/PV= .045

r= .12

.045= .12-x

x= .075

so it's expected to increase about 7.5%

What scenario shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor?




A Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.


B You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.


C You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.


D You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

Answers

The scenario that shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor is option D: You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

In this scenario, the investor has already experienced a significant gain by hitting a big jackpot in Las Vegas. However, investing the entire amount back into another game with the intention of doubling the return poses a high level of risk. The law of diminishing returns suggests that as an investment or activity continues, the incremental return or benefit diminishes over time. By putting all the winnings back into another game, the investor is exposing themselves to unnecessary risk. Instead, it would be wiser to consider diversifying the investment portfolio, preserving a portion of the winnings, and adopting a more conservative approach. This helps to protect the gained wealth and potentially generate more stable, sustainable returns in the long run. Hence the correct answer in Option D. you just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

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Joy is looking into many different career choices. She is leaning toward the Information Technology cluster. Why
would this be a better career choice than some of the other options she was looking into?
O IT jobs are projected to increase fourteen percent between 2010 and 2020.
O IT jobs are projected to increase twenty-two percent between 2010 and 2020.
O IT jobs are projected to increase thirty-five percent between 2010 and 2020.
O IT jobs are projected to increase forty-seven percent between 2010 and 2020.

Answers

Answer:

B

Explanation:

Because I took the unit test review on edge and got it right

Answer:

bbbbbbbbbbbbbbbbbbbbbbbbb

Explanation:

Using Activity Based Costing, calculate the rate for each cost driver.
13 marks b) Using activity based budgeting, prepare a budgeted yearly operating statement for
Aero3D Ltd. Show the following separately, within the statement.
i. The budgeted output for each product per year;
ii. The contribution to profits for each product and in total before charging activity based costs;
iii. The profit for each product and in total after charging activity based costs but before charging core costs (non-activity based costs);
iv. The total profit after charging core based costs.

Using Activity Based Costing, calculate the rate for each cost driver.13 marks b) Using activity based

Answers

i. Budgeted output for each product per year is XS PRO: 3,400 units and POLYX: 1,800 units

ii. Contribution to profits for each product and in total before charging activity-based costs are XS PRO: £561,000 + POLYX: £379,800 (£940,800)

iii. Profit for each product and in total after charging activity-based costs but before charging core costs are XS PRO: Profit after activity-based costs and POLYX: Profit after activity-based costs

iv. Total profit after charging core costs: Total profit after charging core costs

How did we arrive at these values?

To calculate the rate for each cost driver using Activity Based Costing (ABC), divide the total cost of each cost pool by its respective cost driver.

a) Calculation of rates for each cost driver:

1. Condensing machine:

Rate = Total cost of condensing machine / Number of production batches

Rate = £450,000 / 60

Rate = £7,500 per batch

2. Shaping machine:

Rate = Total cost of shaping machine / Shaping machine hours

Rate = £130,000 / (3,400 × 0.50 + 1,800 × 0.70)

Rate = £130,000 / 2,400

Rate = £54.17 per shaping machine hour

3. Manual handling of material:

Rate = Total cost of manual handling of material / Weight of material handled

Rate = £55,000 / (3,400 × 1.2 + 1,800 × 1.4)

Rate = £55,000 / 7,040

Rate = £7.80 per kilogram of material handled

b) Budgeted yearly operating statement for Aero3D Ltd:

i. Budgeted output for each product per year:

- XS PRO: 3,400 units

- POLYX: 1,800 units

ii. Contribution to profits for each product and in total before charging activity-based costs:

Contribution per unit = Selling price - Direct material cost - Direct labor cost

- XS PRO: £175 - £8 - £2 = £165 per unit

- POLYX: £225 - £10 - £4 = £211 per unit

Contribution before activity-based costs:

- XS PRO: £165 × 3,400 = £561,000

- POLYX: £211 × 1,800 = £379,800

Total contribution = £561,000 + £379,800 = £940,800

iii. Profit for each product and in total after charging activity-based costs but before charging core costs:

Cost breakdown per unit:

- XS PRO:

- Condensing machine cost = Rate (Condensing machine) × Number of production batches

- Shaping machine cost = Rate (Shaping machine) × Shaping machine hours

- Manual handling cost = Rate (Manual handling of material) × Weight of material handled

Total cost per unit = Direct material cost + Direct labor cost + Condensing machine cost + Shaping machine cost + Manual handling cost

- POLYX:

- Condensing machine cost = Rate (Condensing machine) × Number of production batches

- Shaping machine cost = Rate (Shaping machine) × Shaping machine hours

- Manual handling cost = Rate (Manual handling of material) × Weight of material handled

Total cost per unit = Direct material cost + Direct labor cost + Condensing machine cost + Shaping machine cost + Manual handling cost

Profit after activity-based costs but before core costs:

- XS PRO: Selling price - Total cost per unit

- POLYX: Selling price - Total cost per unit

iv. Total profit after charging core costs:

Total profit = Total contribution - Core costs

Since the core costs are given as a fixed amount and not linked to any activity or cost driver, they are not allocated using the ABC method.

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For each item, enter the appropriate amounts in the associated cells.
Scenario Amount Adjusted Gain Gain Sec. 1245 Sec. 1231
realized basis realized recognized recapture gain
Jim exchanged an old machine used
in his trade or business for a new
machine plus $50,000 cash. Jim
purchased the old machine for $345,000
and deducted $45,000 of depreciation on
the old machine. The new machine has a
fair market value of $450,000.
Jerry purchased a new machine for $100,000.
A few years later, Jerry sold the machine for
$90,000. Before selling the machine,
Jerry claimed $40,000 in depreciation.

Answers

Answer:

Jim exchanged an old machine used in his trade or business for a new machine plus $50,000 cash. Jim purchased the old machine for $345,000 and deducted $45,000 of depreciation on the old machine. The new machine has a fair market value of $450,000

Amount realized: $500,000 ($450,000+$50,000)

Adjusted basis: $300,000 ($345,000-$45,000)

Gain realized: $200,000 ($500,000-$300,000)

Gain recognized: $200,000

Sec. 1245 Recapture: $45,000

Sec. 1231 Gain: $155,000 ($200,000 - $45,000)

Jerry purchased a new machine for $100,000. A few years later, Jerry sold the machine for $90,000. Before selling the machine, Jerry claimed $40,000 in depreciation

Amount realized: $90,000

Adjusted basis: $60,000 ($100,000-$40,000)

Gain realized: $30,000

Gain recognized: $30,000

Sec. 1245 Recapture: $30,000

Sec. 1231 Gain: - ($30,000-$40,000)

HELP WILL GIFT 100 POINTS!! AND BRAINLIEST!!!

How might a situation in which there is no existing competition for a product or service still lead to innovation?


Two businesses that were working together can make the decision to compete to drive innovation.


An entrepreneur can take advantage of an opening to create an innovative product or service.


An entrepreneur can base a product or service off the innovative ideas of others.

Two businesses with similar products might come together to offer an innovative service.

Answers

Answer:

Two businesses that were working together can make the decision to compete to drive innovation.

And

Two businesses with similar products might come together to offer an innovative service.

Identify Project Needs The first step in any media-driven project is to determine whether the project is relevant to the purpose, audience, and audience needs. This step is important as the answers to the project questions will determine how you plan, structure, and produce a video-based project.Purpose:Upon completing this project, you will be able to understand how to decide what is needed for a project.Steps for completion:1.Which are four questions that need to be answered before beginning a project

Answers

Answer:

i donts know. subscribe to  game toons!

True or False? The placement of a product within a store, or online, can determine the sales performance of that product.

Answers

F

Product Placement. a form of advertising in which name brand goods are placed in sports & entertainment programs. embedded marketing.

Answer:

true

Explanation:

Something necessary to remain alive is a (an).

Answers

Answer:

an apartment

Explanation:

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