A company maintains as many Work In Process as the number of processes it uses.
Journal Entry :
Work In Process- Firing
Work In Process- Mixing
The costs of the transferred out goods from mixing dept in addition
to its own direct material, labor and overhead would be added to
firing dept.
What is Work in process
Work in process, work in development, goods in procedure, or in-system stock refers to a corporation's partially completed items waiting for of entirety and eventual sale, or the value of those objects. The time period is utilized in supply chain control, and WIP is a key enter for calculating inventory on a organization's stability sheet.
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If an increase in the price of coconut oil brings about an increase in total revenue, then the percent rise in price is _____ in magnitude than the percent decline in quantity demanded.
If an increase in the price of coconut oil brings about an increase in total revenue, then the percent rise in price is Greater in magnitude than the percent decline in quantity demanded.
Total revenue is the overall sum of money received by a business through the sale of its products and services. Based on demand and price, it measures how successfully a company is generating revenue from its main operations. The price of the goods and services is multiplied by the whole volume of sold goods and services to arrive at the calculation. Because it represents the increase in total revenue from selling one additional unit of a good or service, marginal revenue is directly tied to total revenue. Total revenue is significant because, in order to increase profits, firms want to maximise the gap between their total revenues and total costs.
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How do bond generate income for investors?.
Bond generate income for investors by
bonds are fixed income securities and the investor lends a sum of money (capital) to a company or government for a certain period and receives a series of interest payments (yield) in return.
An investor is a person or other entity
that invests capital in the hope of receiving a financial return. Investors rely on a variety of financial instruments to generate income and achieve important financial goals, such as building retirement savings, financing a college education, or simply accumulating additional wealth over time.
Investors can analyze opportunities from different perspectives and generally prefer to minimize risk and maximize returns. Investors typically earn income by investing capital in either equity or debt investments.
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Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $400,000 and current break-even units are 4,000. If Forrester purchases this new equipment, the revised break-even point in dollars would be:Multiple Choice$375,000.$325,000.$500,000.$400,000.$300,000.
Answer:
$375,000
Explanation:
Selling price = $100
New variable cost per unit = ($70 - $10)
= $60
New fixed cost = $150,000
Therefore, Break even point in dollars
= Fixed costs / Contribution margin ratio,
Where Contribution margin ratio=
{(Selling price per unit - Total variable cost per unit / Selling price per unit)}
= {($100 - $60 / $100)}
= 0.4
= 40%
Break even point in dollars would be;
$150,000 / 0.4
= $375,000
In what industry is labour likely to be the most important factor of production
Answer:
Labour is an active factor of production. It is the factor that starts production. Land and Capital alone cannot start production, so they are passive factors. They need the active factor of production, i.e. labour to be productive themselves.
method of accounting for bad debts records estimated bad debts expense in the period when the related sales are recorded
The method of accounting for bad debts records estimated bad debts expense in the period when the related sales are recorded is accrual-basis accounting.
When it comes to accounting, debt is meant as a liability. On the balance sheet, debt can refer to a variety of different numbers - from wages payable to tax payable. However, debt is often used to refer more specifically regarding short-term and long-term loans, as well as bonds in the case of a business.
In accrual-basis accounting, recording the allowance for doubtful accounts at the same time as the sale improves the accuracy of financial reports. The projected bad debt expense is properly matched against the related sale, thereby providing a more accurate view of revenue and expenses for a specific period of time.
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Who wants branliest???!!!
Answer:
Sure...
Explanation:
jdjdjjdjdjdjdjdjdjjdjdjjd
_____ and _____________ are critical, and needs to be built into the overall process of relationship
Answer: The options related to your question is missing hence i will provide you with a general answer on process of relationship
answer : wholehearted love and Decision are critical
Explanation:
The overall process of any kind of relationship passes through five specific stages and each relationship passes through these stages repeatedly . the stages are ; The merge stage , doubt stage , disillusionment , decision and love ( whole hearted )
#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
Assets Current assets Cash Accounts receivable Inventory Total Total assets 2020 JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities Accounts p
Total assets for JUST DEW IT CORPORATION 2021 is $2,540,000.
Assets Current assets Cash Accounts receivable Inventory Total Total assets 2020JUST DEW IT CORPORATION2020 and 2021 Balance Sheets2021Liabilities and Owners' EquityCurrent liabilitiesAccounts payable: Total $280,000Accrued expenses payable: Total $70,000Total current liabilities $350,000Long-term liabilities:Total $210,000Owners' equity:Common stock, no par, $1 stated value, 1,000,000 shares authorized,100,000 shares issued $100,000.
Additional paid-in capital $900,000Retained earnings $980,000Total owners' equity $1,980,000Total liabilities and owners' equity $2,540,000Answer: Total assets for JUST DEW IT CORPORATION 2021 is $2,540,000.
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Rural or countryside destinations are those in mare remote + less dently populated Example: Fjords of Norway.
Example: Calangute in Goa, India
Coastal destinations are located on the coast
Island destinations attract visitors with their exotic images
MEDC:
LEDC:
Reasons Why People Travel
Leisure
Business
Key Concept: By adapting to the specific
and tourism industry can definitely be described as
example:
example:
example:
and
(VFR) or
of customer, the travel
Rural or nation-state locations are the ones in mare far off + much less densely populated via evaluation Very faraway Rural areas include three percent of the populace, however cowl nearly 1/2 of the land place.
A rural area is an open swath of land that has few homes or different buildings, and now not very many people. A rural region's populace density may be very low. Many humans live in a town or urban area. Their homes and companies are placed very close to one another.
In keeping with the modern delineation, released in 2012 and primarily based on the 2010 decennial census, rural areas include open USA and settlements with fewer than 2,500 residents. urban regions comprise larger places and densely settled areas around them. urban regions do not necessarily observe municipal limitations.
A rural area is an open swath of land that has few homes or different buildings, and not very many human beings. A rural area's populace density is very low. Many people stay in a metropolis or urban vicinity. Their houses and corporations are placed very near each other.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
A man wishes to set aside some money for his daughter’s college education. His goal is to have a bank
savings account containing an amount equivalent to $20,000 in today’s dollars at the girl’s 18th birthday.
The estimated inflation rate is 9%. If the bank pays 6% compounded annually, what lump sum should he
deposit today on the child’s 4th birthday?
In order to set aside an amount of $20,000 in today's dollars for his daughter's college education, a man wishes to have a bank savings account on his child's 18th birthday.
The estimated inflation rate is 9% and the bank pays 6% compounded annually.As per the problem, the present value of future college expenses must be equivalent to $20,000 in today's dollars. Let us denote the amount the man must deposit today as PV. As the man wishes to save for his daughter’s college education for 14 years, we will use the number of years to calculate the future value of his savings by the time his daughter turns 18. Using the formula of compound interest, we can get:Future Value
\((FV) = PV × (1 + r)n\)
Here, r is the interest rate, and n is the number of years.The bank pays an annual interest of 6%, and therefore, r = 0.06. We also know that the estimated inflation rate is 9%, or i = 0.09.We can find the number of years for which the money has to be saved by subtracting the current age of the child from 18 years. Therefore, the number of years is n = 18 - 4 = 14.Now, using the formula for inflation adjusted future value, we can get:
\(FV = $20,000FV = PV × (1 + r)n(1 + i)nFV = PV × (1 + 0.06)14(1 + 0.09)14$20,000 = PV × 1.0614 × 1.0914$20,000 = PV × 4.20546PV = $20,000/4.20546PV = $4,751.55\)
Therefore, a lump sum of $4,751.55 should be deposited today on the child's 4th birthday so that the man can set aside $20,000 in today's dollars for his daughter’s college education by the time his daughter turns 18 years old.
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To increase production output during the Industrial Revolution, businesses primarily invested in Group of answer choices
During the Industrial Revolution, businesses primarily invested in several strategies to increase production output. These included investing in new machinery, such as steam-powered engines and textile machines, which greatly improved efficiency and speed of production.
Additionally, businesses invested in infrastructure development, such as building canals and railways, to transport goods more quickly and cost-effectively. They also expanded their workforce by hiring more workers, often from rural areas, to meet the growing demand for labor. Another important investment was in the development of new technologies and innovations, which allowed for the creation of new products and improved production methods. Overall, these investments in machinery, infrastructure, labor, and technology were key factors in increasing production output during the Industrial Revolution.
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how much would you cost to have a good night
Answer:
as much as i need
Explanation:
Suppose the economy is currently at full employment with aggregate demand curve AD2. A further increase in consumption and investment spending will cause
An upward shift of the aggregate demand curve to AD3.
A further increase in consumption and investment spending would cause an increase in aggregate demand, leading to an upward shift of the aggregate demand curve from AD2 to AD3. This shift would cause an increase in both real output and the price level, as firms increase production to meet the higher demand.
The increase in consumption and investment spending could be caused by a variety of factors, such as a decrease in taxes or an increase in government spending. However, if the increase in aggregate demand is not met with an increase in aggregate supply, it could lead to inflationary pressures in the economy. Therefore, policymakers need to monitor the balance between aggregate demand and supply to ensure stable economic growth.
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Analyzing Current Fiscal Policy Fiscal policy
is the government’s use of government spending and taxes to influence the economy. For this task, you will choose one tool of fiscal policy—either government spending or taxes—and complete the activities below.
Part A Which tool did you choose?
Part B Do you think this tool should be increased or decreased to help the economy?
Part C Using an Internet search engine, find a website or an article that shares your opinion and copy the URL in the space below. Keep in mind that it might take you some time to find a good article, so don’t automatically take the first one you find.
Part D List three main points from the source you found that explain the author’s reasoning.
Part E Based on what you have read, what bias might the author bring to his or her opinion?
Part F Using an Internet search engine, find a website or an article that expresses the opposite to your opinion and copy the URL in the space below. Keep in mind that it might take you some time to find a good article, so don’t automatically take the first one you find.
Part G List three main points from the source you found that explain the author’s reasoning.
Part H Based on what you have read, what bias might the author bring to his or her opinion?
Through the collection of data by exploratory research, we found the following answers on the analysis of the current fiscal policy:
A. The chosen tool of fiscal policy was taxes.
B. To help the economy, taxes must be reduced, encouraging industrial activity in the country.
C. The chosen opinion piece was "How the U.S. Government Amassed $31 Trillion in Debt" written by Jim Tankersley and available on the NY Times website.
D. The three central points that explain the author's reasoning are the US debt, the tax cut and the economic crisis.
E. The bias that the author can bring to his opinion are the economic projections made by economists, which may not actually characterize reality.
F. You should look for an article with an opinion contrary to this one by searching for articles in which the authors have a more political and partisan view on the guilt of the American debt.
G. To list the three main points of the author's contrary reasoning, you must follow what was done in letter D, and find the main key points of the article.
H. The author's biases therefore may be based on his own political opinion and for or against a political party.
What is fiscal policy?It is the taking of government decisions capable of controlling the economy directly or indirectly, through government spending and taxes.
Therefore, fiscal policy is capable of influencing a country's supply and demand, and such decisions are capable of generating jobs, investment such as debt and recessions.
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Lending institutions are scrutinizing an operation’s working capital status as part of the lending decision. Now more than ever, it’s time to do a little scrutinizing yourself. When I hit the road to speak, one of the most important slides I regularly use highlights how lending criteria has changed since the financial crisis. To illustrate that point, the slide includes a quote from Nick Parsons, head of research with the National Australia Bank: "So capitalism has changed…the owner or the custodian of capital [i.e. lending institutions] is much more careful about where they use that capital."
To that end, most readers have likely experienced increased scrutiny from their lenders in this post-crisis world. And one of the key criteria that lenders use to make decisions revolves around availability of working capital within any operation; working capital being a function of current assets less current liabilities. It’s a measure of an operation’s buffer to meet its short-term obligations, hence the importance to lenders.
Perhaps equally important, it’s a key indicator of cash reserve availability to meet unexpected emergencies. Thus, it is an important component of risk management to ensure business continuity within the operation without the need to borrow additional funds. As an example, albeit simplified, a pickup is typically a critical operational asset for most cow-calf operations. What if it catches on fire and suddenly needs to be replaced, else the cows don’t get fed? After insurance provides some portion towards replacement, does the operation have sufficient working capital to meet the remainder of the obligation? This type of assessment has become more important to lenders since the financial crisis.
This week’s graph highlights USDA’s updated aggregate working capital estimates in agriculture. Clearly, as last week’s illustration depicts, declining revenue has taken a big hit out of working capital reserves for agriculture. Working capital has declined nearly 50% - the loss exceeds $82 billion in just three years. That’s a concerning trend – and if it continues, will clearly have implications in the coming years.
What are you doing to maintain strong cash and working capital reserves amidst declining revenue? What new expectations do you your lenders have during the past several years and going into 2017? How will you adjust going forward? Leave your thoughts in the comments section below.
Working capital is a critical component of a business's financial health and is closely scrutinized by lending institutions when making lending decisions. Businesses must therefore focus on maintaining strong cash and working capital reserves amidst declining revenue and adjusting to new expectations from lenders.
It is a measure of an operation's ability to meet its short-term obligations and is calculated by subtracting current liabilities from current assets. Working capital is also an important indicator of a business's ability to meet unexpected emergencies and is therefore an important component of risk management.
Since the financial crisis, lenders have placed increased importance on working capital and have become more careful about where they use their capital.
As a result, businesses have experienced increased scrutiny from their lenders in this post-crisis world. This has led to a decline in working capital reserves for agriculture, with working capital declining nearly 50% and the loss exceeding $82 billion in just three years.
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Company-paid health insurance is a major benefit sought out by many employees. If coverage for a family costs $20,000 per year and your employee is paid $28,000 per year, what percentage of their total compensation is the healthcare benefit?
Answer:
~42
Explanation:
Ex. Company-paid health insurance is a major benefit sought out by many employees. If coverage for a family costs $15,000 per year and your employee is paid $40,000 per year, what percentage of their total compensation is the healthcare benefit?
SOLUTION:
$15,000 / ($15,000 + $40,000) = 0.272 x 100 = 27.2%
Problem: 20/20+28=0.416=41.6%
Operating expenses 588 000, interest expense 21 000
and profit after tax 147 000. if the company tax is calculated at
30% of the pre-tax profit, how much is the expected gross
profit?
The expected gross profit is $756,000. This represents the profit generated from the company's core operations before deducting operating expenses and interest expense.
Given the information provided:
Operating expenses: $588,000
Interest expense: $21,000
Profit after tax: $147,000
To calculate the expected gross profit, we need to add the operating expenses and interest expense to the profit after tax:
Gross profit = Profit after tax + Operating expenses + Interest expense
Gross profit = $147,000 + $588,000 + $21,000
Performing the calculations:
Gross profit = $756,000
The company tax, calculated at 30% of the pre-tax profit, does not impact the calculation of the gross profit and is not relevant to determining the expected gross profit amount.
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To obtain a complete waiver of authorization for a research project, the researcher must provide the Privacy Board evidence that the use and disclosure only involves information on deceased individuals. true or false
The correct answer for the statement ''To obtain a complete waiver of authorization for a research project, the researcher must provide the Privacy Board evidence that the use and disclosure only involves information on deceased individuals'' is False.
While it is true that a researcher may obtain a waiver of authorization for a research project involving deceased individuals, providing evidence that the use and disclosure only involves information on deceased individuals is not sufficient.
The researcher must also demonstrate that the research meets certain criteria set forth in the Privacy Rule, such as the research involving no more than minimal risk to the privacy of individuals and being impossible or impracticable to obtain individual authorization.
Additionally, the Privacy Board must review and approve the researcher's request for a waiver of authorization. Therefore, while the use and disclosure of information on deceased individuals may be a factor in obtaining a waiver of authorization, it is not the only requirement.
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Why should you check the spelling by reading a document even if you used Writer's Spell Check feature? A. The Spell Check dictionary is usually out of date. B. Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word. C. Spell Check only checks the first half of a document, so you have to check the rest yourself. D. The Spell Check suggestions are always wrong.
Answer:
B) Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word.
Explanation:
Besides the American Plan, employer resistance to unionization also included the Mohawk Valley formula to: 1. Associate labor leaders with agitators and subversives, especially foreign influence and most especially communism, 2. Organize "back-to-work" drives, and emphasize freedom of choice in public relations issuances, and 3. ____________________________________________________.
A. Intervene in political union practices
B. Interrupt strike planning
C. Precipitate picket line violence, and use this as a pretext to call in the police to break up the strike
D. deter union cohesion and create disharmony within the union
C. Precipitate picket line violence, and use this as a pretext to call in the police to break up the strike.
Employer resistance to unionization during the early 20th century, in addition to the American Plan, included the implementation of the Mohawk Valley formula. This formula aimed to deter union cohesion and create disharmony within the union. It involved tactics such as associating labor leaders with agitators and subversives, particularly emphasizing foreign influence and communism. Furthermore, the formula sought to organize "back-to-work" drives and highlight the concept of freedom of choice in public relations issuances. Lastly, a significant aspect of the Mohawk Valley formula involved precipitating picket line violence and utilizing it as a pretext to call in the police to break up the strike, thus undermining the strength and effectiveness of the union's actions.
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Why do many people avoid the topics of taxes more than other areas of personal financial planning?
Search entries or author
Unread
A ___It’s a written set of instructions that tells a bank how to use money to pay someone
Answer:
Check
Explanation:
Check is seen as the series of inscribed commands that inform a bank of whether to use money to pay anyone. It directs the bank to the check bearer regarding the exact sum of money to be paid. It is a signed agreement which guides the bank on the sum of money to be drawn on the payer's name and sent to the payee. So the correct answer would be 'check.'
An Insurance aging report can be printed in ______ format, listing all companies alphabetically
\(\huge\bold{\purple{\bold{⚡Landscape⚡}}} \)
Answer:
An Insurance aging report can be printed in landscape format, listing all companies alphabetically
Explanation:
Print - Select this option to print the Insurance Aging report. NOTE: This report should be printed in a landscape format instead of a portrait format.What is the difference between productive and service oriented professions Explain with examples
Answer:
Explanation:
Product vs Service Business
While it may seem to go against traditional thinking, in some ways there is very little difference between product based and service based companies. In actuality, both sell a product. The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells his skills as the primary product. In the service-based business, customers purchase the skills of a service provider or owner, such as a plumber or lawyer, This type of business has a strong emphasis on the client relationship and makes the customer's user experience very important. Product-based businesses, on the other hand, deliver physical products that are reasonably consistent in quality for each customer, making the customer experience fairly predictable.
Local or Global Consumer Markets
In general, when consumers are looking for new solutions they try to distinguish the different services/products of business and industry in the locality where they reside. As such, businesses need to target their product and service based businesses to the appropriate markets. Consumers located anywhere in the global market can purchase a product via the internet as long as they can have their purchase delivered locally and cost effectively. However, most service businesses can only provide services to customers within their local target market. For example, while a computer store can ship computers all over the world, a hairstylist will only attract clients within a reasonable driving distance from her home or business. As a result, businesses need to consider how their customer base will influence their marketing efforts.
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What is the exterior envelope of a structure?
Answer:
The building envelope of a usually consists of its roof, sub floor, exterior doors, windows and exterior walls.
If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is:_______
a. a downward-sloping curve that is bowed outward.
b. a downward-sloping curve that is bowed inward.
c. a downward-sloping straight line.
d. an upward-sloping straight line.
Answer:
c. a downward-sloping straight line.
Explanation:
In case when there is a three for one tradeoff lies between the X goods and Y goods so the curve of PPF should be fall sloping contains straight line. This slope should be downward as it generated more and more of one goods and it could be sacrificed for the other good and the reason of the straight line is that here the opportunity cost would remain the same or constant
Therefore in the given case, the correct option is C.
A straight line, downward - sloping demand curve often mean that, as price falls, there is an elasticity of demand. If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is a Downward-sloping straight line.
Trade-off is simply known as a situational decision. It is simply the reduction of one quality, quantity, or property so as to get gains in other areas.It is simply known as where one thing increases, another have to decrease. it often arise from limitations of a lot of source.
It is often called a tactical or strategic choice made with full knowledge of the advantages and disadvantages of each decision.
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The Consumer Price Index (CPI) is constructed by:
a. estimating the prices of goods and services in the economy at the same rate as the cost of living increases.
b. comparing the value of a "market basket" of goods that consumers typically purchase to the value of the basket in a base year.
c. comparing the value of a "market basket" of goods that consumers typically purchase to the value of the basket in cities around the country.
d. averaging all prices of goods and services in the economy.
CPI is a measure of the price level in an economy. It is calculated as a ratio of expenditures of goods in a market basket in a given year and the expenditure of the same basket in a base year.
The Consumer Price Index (CPI) is Comparing the value of a market basket of goods that consumers typically purchase to the value of the basket in a base year.
What does "Consumer Price Index" mean?
Inflation is measured using the consumer price index (CPI). It is used to calculate the typical change in home product price between two specified periods.
It is an overall assessment of product pricing trends while maintaining quality.
What occurs when the CPI rises?
A rise in the CPI indicates that there has been an increase in the average change in price over time.
Changes in the cost of life and income eventually result from this (presumably so that income is adjusted to meet a higher cost of living). Indexation is the name given to this procedure.
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compute the selling price of a bag of chips that has a cost of $0.75 per item. the store needs to generate a profit of $0.50 per item.
Answer:
$1.25
Explanation:
A seller has to consider both the cost price and the desired profit before setting the selling price. In practice, the selling price is the total of the cost price and the intended profits.
In this case
Selling price = $0.75 + $0.50
=$1.25