If McMurphy had the opportunity to use the facility to make a different product that would have a total contribution margin of $168,000, McMurphy should consider several factors before making a decision.
(1) McMurphy should evaluate whether the new product aligns with the company's overall strategic goals and objectives. This includes assessing the market demand for the product, potential competition, and the company's ability to effectively produce and market it.
(2) McMurphy should analyze the cost structure associated with producing the new product. This includes considering both variable costs (direct materials, direct labor, and variable overhead) and fixed costs (such as rent, salaries, and depreciation). McMurphy needs to ensure that the potential revenue generated from the new product will cover these costs and result in a positive contribution margin.
Additionally, McMurphy should also consider the potential impact on existing products. If the new product cannibalizes sales of current products or requires significant resources that could be better allocated elsewhere, it may not be the best decision.
Ultimately, McMurphy should weigh the potential benefits of the new product's contribution margin against the associated costs and potential risks. It may be beneficial to conduct a thorough cost-benefit analysis before making a final decision.
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which organization has published top reference books in the hvacr industry?
ASHRAE has published ASHRAE Journal since 1959 to offer industry leaders a monthly journal on need-to-know HVACR technology for today's best buildings.
The term "industry" refers to a broad category encompassing various economic activities involved in the production, manufacturing, and distribution of goods or the provision of services. It represents the collective efforts and organizations engaged in specific sectors of the economy, such as automotive, technology, healthcare, retail, and energy, among others. Industries play a crucial role in driving economic growth, generating employment opportunities, and meeting the needs and demands of consumers.
Within an industry, multiple companies or businesses operate, competing or collaborating to deliver products or services to the market. They employ various resources, including human capital, technology, machinery, and raw materials, to create value-added goods or experiences for customers. Industries are often influenced by factors such as market trends, government regulations, technological advancements, consumer preferences, and global economic conditions.
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Top executives, workers and middle managers most often respectively represent of change.
a) Sponsors, targets and agents
b) Agents, sponsors and targets
c)Targets, sponsors and agents
d) Sponsors, agents and targets
Top executives, workers, and middle managers most often respectively represent change. D) Sponsors, agents, and targets.
In the context of change management, pinnacle executives commonly function as sponsors of change initiatives. They offer the vision, assets, and strategic direction vital to power change during the agency. They are accountable for setting the general route and helping the implementation of alternate.
Workers, alternatively, are the marketers of change. They are the folks who are at once worried about carrying out the obligations and sports associated with the trade. They play an essential role in imposing and operationalizing the changes within their respective roles and duties.
Middle managers often represent the targets of exchange. They are the people who are at once impacted by the aid of the alternate and need to evolve their own strategies, procedures, and teams to align with the new path set by the pinnacle executives. Middle managers are responsible for making sure that the change is efficaciously cascaded all the way down to their groups and facilitating its integration into everyday operations.
Therefore, the proper answer is d) Sponsors, agents, and targets.
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According to research, in which situation would an employer most have to guard against raters giving unfair low performance ratings to black employees?
When most of the employees in a work group are white an employer most have to guard against raters giving unfair low performance ratings to black employees. Corporate culture is the set of values and practices that govern how management and employees interact in an organization. International trade, economic trends, national cultures and traditions, company size, and goods all have an impact on corporate culture.
Here are some examples of the values that businesses frequently put first: Fairness and respect. Integrity and respect. growth perspective A positive workplace culture not only aids in retaining an organization's human resource but also in luring in fresh talent.
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Draw the The Kinked Demand Curve and its corresponding marginal revenue curve and carefully explain the economic reasoning underlying the Kinked Demand Curve.
The kinked demand curve model is one of the different models used to explain the behavior of firms in an oligopolistic market structure. This model holds that the market demand curve is more elastic above the prevailing price than below it, creating a kink in the demand curve and making the marginal revenue curve discontinuous.
This kink in the demand curve is the result of firms in an oligopolistic market structure having a fear of price wars. If a firm tries to increase prices above the prevailing price, there is the likelihood that other firms will not follow, and the firm would experience a fall in demand leading to a fall in profits. On the other hand, if a firm decreases prices below the prevailing price, other firms would follow suit, and the price war would result in a fall in profits for all the firms involved. This fear of price wars and the resulting kink in the demand curve gives the oligopoly market its peculiar characteristics, including price rigidity, mutual interdependence, and difficulty in making long-term pricing decisions.The marginal revenue curve of the kinked demand curve model is also discontinuous. This is because firms would only increase output in response to a change in price if they believe that the change in price is permanent and would not result in retaliation from other firms. However, if they perceive that the change in price is temporary and would result in retaliation, they would not respond to the price change, resulting in the discontinuity of the marginal revenue curve.In conclusion, the kinked demand curve model is one of the ways to explain the behavior of firms in an oligopolistic market structure. The model is based on the assumption that firms have a fear of price wars and will not increase prices above or decrease prices below the prevailing price to avoid a fall in profits. This fear of price wars results in a kink in the demand curve and a discontinuous marginal revenue curve.
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Compare and contrast Armstrong's model and Towers Perrin Total rewards model.
Armstrong's model and Towers Perrin Total rewards model are two different approaches to employee rewards. These models differ in their approaches to total reward and the means by which organizations should incentivize their employees.
Armstrong's model emphasizes a holistic approach to total rewards, which includes four categories of rewards: compensation, benefits, learning and development, and work-life balance. This model aims to address employees' needs holistically, recognizing that not all employees are motivated solely by money.
Towers Perrin Total rewards model, focuses on six key rewards elements: base pay, short-term incentives, long-term incentives, benefits, work-life effectiveness, and development and career opportunities. Towers Perrin model is designed to improve retention, increase employee engagement and motivation, and align employees with company goals.
In conclusion, which of these models is best for an organization depends on the company's objectives, structure, and the needs of the employees.
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A fan base is, in most ways, quite similar to a customer base.
A. False
B. True
The CFO asked one of her financial analysts to conduct a variance analysis of the company's consolidated balance sheets and income statements for fiscal years 2015, 2016, 2017, and 2018, which has been completed. The analyst determined the variances for each account (line item) captured in the financials. Now that this first step has been accomplished, the CFO would like you to pay particular attention to the negative variances contained in the spreadsheet and focus on those variances you believe to be potentially the most impactful to Stanford.
After conducting a variance analysis of the company's consolidated balance sheets and income statements for fiscal years 2015-2018, the financial analyst has determined the variances for each account captured in the financials.
The next step is to focus on the negative variances and determine which ones are potentially the most impactful to Stanford.
Negative variances occur when actual results are less than expected. These variances can be caused by a variety of factors, including changes in the market, unexpected expenses, or poor performance. When analyzing negative variances, it is important to understand the underlying causes and determine whether they are temporary or permanent.
To identify the most impactful negative variances, the CFO should prioritize those that have the largest dollar impact and those that are most likely to persist.
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Which phrase best completes the diagram?
Benefits of Trade Barriers
Ensure self-reliance
Keep workers employed
?
A. Prevent retaliatory trade barriers
B. Promote domestic industries
O C. Increase economic efficiency
O D. Increase consumer choice
Answer: B
Explanation: just got it right on the quiz!!!
Define the term unemployment and explain the relationship between unemployment and crime
Answer:
The term unemployment refers to a situation where a person actively searches for employment but is unable to find work.
an illegal act for which someone can be punished by the government. especially : a gross violation of law. : a grave offense especially against morality
Explanation:
hope it helps️️
Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019 totaled $18000 of materials, $13000 of direct labor costs, and $8000 of manufacturing overhead applied. The company ships all goods as soon as they are completed which results in no finished goods inventory on hand at the end of any year. Beginning work in process totaled $12000, and the ending balance is $9000. During the year, the company completed 25 machines. How much is the cost per machine
Answer:
Cost per machine $1,680
Explanation:
The computation of the cost of the machine is given below:
Beginning work in process $12,000
Direct material $18,000
Direct labor $13,000
Overhead $8000
Less: Ending work in process -$9,000
Cost of goods manufactured $42,000
Divided by Unit 25
Cost per machine $1,680
hence,the same should be relevant
Neil got mostly high marks on his last performance review. The needs improvement section read: needs to run ideas by co workers in advance. Could improve his relationships with other employees through better communication on roles for projects. What does neil need to work on?
Neil got mostly high marks on his last performance review. The needs improvement section read: needs to run ideas by co-workers in advance. Could improve his relationships with other employees through better communication on roles for projects. It has both rational and emotional components. Job satisfaction gives motivation to employees to work more.
Communication may be categorized into 3 primary types: (1) verbal communique, in which you concentrate on someone to understand their means; (2) written verbal exchange, in which you read their means; and (3) nonverbal verbal exchange, in that you study someone and infer that means. verbal exchange is a two-way system involving the following elements: a sender, a message, a medium, a channel, a receiver, a response, and remarks. but, it isn't enough to have just a majority of these elements; there must be cooperation and information between the 2 events concerned.
Everyone has a completely unique conversation style, a manner in which they interact and alternate statistics with others. There are four simple communique styles: passive, competitive, passive-aggressive, and assertive. it is essential to understand each communication style, and why individuals use them.
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New oil is reserves are discovered. What has increased in supply.
A CAPITAL
B ENTERPRISE
C LABOUR
D LAND
The correct answer is D. Land
Explanation:
In economics, land is one main factor of production and includes natural resources that can be used to make products, for example, wood can be used to made furniture or fruits can be used to produce juice, jam, and similar. Also, these resources are classified into renewable and nonrenewable depending on whether they are abundant and replenish in a short time. Oil is considered part of the land factor because this is a non-renewable resource that is used to produce goods such as fuels or plastic. Therefore, if new oil reserves are discovered there is an increase in land supply because more natural resources are available to produce goods.
How much is 200 Pound (GBP) in US Dollars
The rate of 200 Pound (GBP) in US Dollars is affected by various factors such as economic news, political events, and even global events. For example, the Brexit vote in 2016 had a negative impact on the exchange rate of Pound Sterling to US Dollars, causing the rate to drop.
It's a great question to ask, and it's important to know when you are dealing with different currencies. The current exchange rate for 200 Pound (GBP) in US Dollars is around 267.04. This rate is constantly changing, so it's important to keep an eye on it if you plan to make conversions between the two currencies.
The exchange rate is determined by the global demand and supply of each currency. When more people are buying US Dollars than Pound Sterling, the exchange rate goes up, and vice versa. This is why it's important to keep an eye on the exchange rates if you're dealing with different currencies.
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_________ is a type of marketing and sales structure that lets salespeople earn money from their own sales and from the sales of other salespeople they introduce to the company
A.) social marketing
B.) network marketing
C.) telemarketing
D.) sales marketing
Answer:
B.) network marketing
Explanation:
You run a school in Florida. Fixed monthly cost is $5,220.00 for rent and utilities, $5,974.00 is spent in salaries and $1,762.00 in insurance. Also every student adds up to $102.00 per month in stationary, food etc. You charge $612.00 per month from every student now.
You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,325.00, salaries to $6,544.00 and insurance to $2,172.00 per month. Variable cost per student will increase up to $157.00 per month. However you can charge $1,180.00 per student. At what point will you be indifferent between your current of operation and the new option?
PLEASE SHOW EASIEST MOST SIMPLE WAY TO FIND THE ANSWER
You would be indifferent between the current operation and the new when the number of students reaches approximately 19.
to determine the point at which you will be indifferent between your current operation and the new , you need to find the number of students that would make the two s yield the same profit.
current operation:fixed costs: $5,220.00 + $5,974.00 + $1,762.00 = $12,956.00 per month
variable cost per student: $102.00 per revenue per student: $612.00 per month
new :
fixed costs: $10,325.00 + $6,544.00 + $2,172.00 = $19,041.00 per monthvariable cost per student: $157.00 per month
revenue per student: $1,180.00 per month
let's calculate the break-even point:
current operation:
profit per student per month: revenue per student - variable cost per student = $612.00 - $102.00 = $510.00break-even point (students) = fixed costs / profit per student per month = $12,956.00 / $510.00 ≈ 25.39
new :
profit per student per month: revenue per student - variable cost per student = $1,180.00 - $157.00 = $1,023.00break-even point (students) = fixed costs / profit per student per month = $19,041.00 / $1,023.00 ≈ 18.60
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Lisa owns an apple-picking farm. The farm allows for visits from customers for a small fee, where they can pay per bag of apples picked. Unfortunately, it has been a terrible winter with significant snow, and a dry summer, with little rain, which has impacted the apples available and the days where the weather is nice enough for customers to want to spend time outside picking apples. Which SWOT Analysis element would the weather be a factor under for Lisa's apple-picking farm? a. Strengths b. Weaknesses c Opportunities d. Threats
The weather would be a factor under the "Threats" category in the SWOT Analysis for Lisa's apple-picking farm.(D)
A SWOT Analysis is a strategic planning tool used to evaluate a business's Strengths, Weaknesses, Opportunities, and Threats. In this case, the weather has a negative impact on both the apple production and the customer experience at the farm, posing a potential threat to the success of the business.
Threats are external factors that could harm the business or negatively impact its performance. In this scenario, Lisa has no control over the weather, making it an external factor. As it has the potential to adversely affect both the supply of apples and the farm's customer experience, it is considered a threat in the SWOT Analysis.(D)
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The loans that were most profitable tended to
have the shortest/ longest terms and the
lowest/highest monthly payments.
Circle the correct term
Question:
The loans that were most profitable tended to have the
A) Shortest terms, lowest monthly payments
B) Shortest terms, highest monthly payments
C) Longest terms, lowest monthly payments
D) Longest terms, highest monthly payments
Answer:
The correct option is C) Longest terms, lowest monthly payments
Explanation:
We don't know the nature of the loan and the conditions of disbursement so I'll make certain assumptions here.
As with all debts, every credit given must be paid back.
If the nature of the credit is that it has a short term and high monthly payback, it may put the business under undue pressure, thus defeating the real purpose behind the reason for the credit. Many businesses borrow money to solve a problem. It may be expansion problems, or business recovery problems. In either case, the business always requires ample time to regain traction.
So to request for the payback in less time than it takes for the business to generate traction in terms of customers, market awareness, and real business activity is counter-productive. Many times this is the case, as investors want to recoup their capital as quickly as possible.
So, from the standpoint of the loan recipient, when loan facilities, however, are spread over a longer period with low monthly paybacks, it gives the business room for more operational flexibility as far as finances are concerned. The business is able to weather "teething" periods and payback the funds. Long terms allow the business more time to trade the funds thus generating more profit.
Cheers
As there is no known form of the loan or the terms of disbursement, there will be made assumptions here to answer the queston. Every credit issued must be repaid, just like any other loan.
The Longest term, lowest monthly payments are the correct answer:If the credit has a short-term and a large monthly payback, it may put the business under unnecessary stress, negating the factful objective of the credit. So requesting payment sooner than the time it takes for the business to gain market awareness, momentum in terms of clients, and actual commercial activity is counterproductive. This is often the case since investors want to get their money back as soon as possible.As a result, from the perspective of the loan recipient, when loan facilities are stretched over a longer length of time with modest monthly paybacks, it allows the business to have greater operational flexibility in terms of finances.
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Internal recruitment may be practiced in companies today. TRUE OR FALSE
One-fourth of the uniform supplies remain on hand as of Dec. 31, 2015
In adjusting entries
The adjusting entry to record the remaining uniform supplies on hand as of Dec. 31, 2015, would involve a debit to Uniform Supplies.
Credit to Uniform Supplies for the amount of the supplies that were used up during the year. The credit would be equal to one-fourth of the total amount of uniform supplies that were purchased during the year.
Where "xxx" represents the number of uniform supplies used during the year. This entry will decrease the Uniform Supplies account and increase the Uniform Supplies Expense account on the income statement.
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do you like lauge arts it is supper fun in cool
Answer: It's really confusing. its just mid.
Explanation:
What document outlines the terms and conditions under which a tenant occupies a property, and outlines the rights and responsibilities of both parties? a. lease c. rent-to-own contract b. purchase agreement d. home equity loan
Answer:
a. lease
Explanation:
Lease is defined as a contract agreement that states the amount a lessee pays to the lessor for use of a property.
Also various conditions of use are usually stated in the lease.
For example who will handle maintenance of the property.
These terms are agreed by both parties and is binding on them.
Information like the lease amount, due date, lessor, and lessee are stated
In the buying center, ________ have formal authority and responsibility to select the supplier and negotiate the terms of the contract.
In the buying center, the buyers have formal authority and responsibility to select the supplier.
Who is a Buyer?This is an individual which makes the purchase of the goods and services. The buyer considers some factors such as price before doing that.
The buyer has the authority to select who to buy from and negotiate the terms of the contract so as to get the best deals.
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Meg's company decided to build an additional factory in a small community. When the community started a protest because of the negative impact the factory would potentially have, Meg's company promised to prevent and pay for any negative impact to the community. It also offered to build a community park to balance out the negative impact the factory might cause. Which moral standard of social responsibility is the business observing?
Answer:
Corporate Citizen Moral Standard
Explanation:
The reason is that the company have to meet its social standards and the legal requirements which the jurisdiction imposes on it, which is Corporate Citizen Moral Standard. Furthermore, for this reason the company has promised that they will try their best to prevent any negative impact and if there are such cases then it will compensate them as well, which is their legal requirement. They also had offered to build a community park which is the requirement of their social standards.
the central bank can reduce the level of credit by
Answer:it can increase the reserve requirements
Explanation:
Which type of worker would most likely be able to begin work after receiving a high school degree and completing
an on-the-job apprenticeship?
A. a miner
B. a forester
C. a conservationist
D. a park worker
An and Bo are partnership together. They buy and renovate properties which they then rent out or sell to other people.
The business has been going for six years and is profitable. They want to expand the business to offer a maintenance And repairs service to both the private sector and public sector.
However, the partners do not have the capital needed for this expansion.
Bo’s sister, Jiao, has said that she is prepared to invest in the business in return for a share in the profits.
An and Bo are also considering changing the legal structure to a private limited company.
a. Identify two features of public sector organizations.
b. Identify two advantages and two disadvantages to An and Bo of being a partnership.
c. Explain two benefits to An and Bo of expanding their businesses.
d. Do you think the partners should become a private limited company? Justify your answer.
Together, An and Bo form a partnership. They invest in real estate and then refurbish it before renting or selling it to others. Following is the required information.
Give a brief account on partnership.a. Two features of public sector organizations.
Government funding: The public authority provides funding for public projects. They either belong to the public authority, which has claimed them, or the public authority owns a bigger portion of them. In some attempts, private ventures are also permitted, but the public authority, in a sense, performs the dominant role.Government Management: The public authority is in charge of regulating public enterprises. The government has occasionally started businesses in its own areas of expertise. In many situations, the government selects someone to handle the endeavors. In fact, the public authority divisions directly and implicitly bind even independent bodies.b. Two advantages of being in a partnership :
Bridging the Knowledge and Expertise Gap: By collaborating with someone, you may have access to a greater breadth of knowledge and expertise for many aspects of your organization. A solid partner might also contribute expertise and experience that you might be lacking, as well as complementing abilities that will aid in business expansion.More Money: A potential partner may inject additional funds into the company. The other individual might be more connected strategically than you are. This could assist your business in luring in new investors and raising further funds to expand. The correct company partner could also improve your capacity to obtain financing for business expansion.Two disadvantages of being in a partnership :
Liabilities: A partnership involves shared business losses and responsibilities for all business related debts, even if they incurred by the other partner. These obligations are in addition to sharing revenues and assets. Your assets and personal money may suffer as a result. In essence, you might be held accountable for choices your partner takes regarding the company. This may be one of the most important things to take into account while weighing the benefits and drawbacks of a partnership.Loss of Autonomy: Although you probably like having complete control over your company, under a partnership, you would now share that control with a partner and make crucial choices together.c. Two benefits to An and Bo of expanding their businesses :
capable of increasing sales and profitability.can access new markets or customers.d. The partners shouldn't form a private limited business since partnerships have more benefits than private limited companies, including easier establishment and reduced costs.
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as a would-be entrepreneur, how would you go about ascertaining whether or not a new technology is likely to fine a receptive market?
In order to determine whether the new technology is bringing about a gain, try to develop a method of tracking the cost-benefit tradeoffs. With effective controls, you can quickly ascertain whether it is successful or not.
What is a tradeoff?A trade-off is a situational choice when one feature of a set or design is diminished or lost in exchange for benefits in other areas. Limitations come from a variety of sources, including basic physics. For instance, only a certain volume of objects can fit into a given space, so a container that is already full must remove some items before it can hold any more. Additionally, vessels can carry a small number of large objects or a large number of small objects. A tradeoff implies a tactical or strategic decision that has been reached after careful consideration of the benefits and drawbacks of each configuration. Choosing between investing in bonds—which are generally safer but have lower potential returns—instead of more riskier stocks—which have a higher potential return—is an illustration of how the economy works.
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A normal cost system applies overhead to jobs ________.
A normal cost system applies overhead to jobs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job. Thus, option (b) is correct.
This process of applying overhead manufacturing costs to jobs is called normal costing under the normal cost system, which applies overhead to costs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the jobs.
The overhead costs applied to jobs using a predetermined overhead rate are recorded as credits in the manufacturing overhead account. Actual overhead costs are not assigned to jobs in a normal cost system.
As a result, the significance of the normal cost system applies overhead to jobs are the aforementioned. Therefore, option (b) is correct.
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Your question is incomplete, but most probably the full question was.
A normal cost system applies overhead to jobs ________.
A. By multiplying a predetermined overhead rate by the estimated amount of the allocation base incurred by the job.
B. By multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job.
C. Using the actual amount of overhead caused by each job.
D. Using the normal amount of overhead caused by each job.
Agent John Rogers is planning a formal marketing/sales event and has decided to place an advertisement in the local paper. What disclaimers must John include in the advertisement?
The disclaimers John must include in the advertisement is "Sales meetings may be made accessible to those who use TTY equipment by contacting the company at "companies number"." This is further explained below.
What is advertisement?Generally, an advertisement is a notification or announcement in a public forum for the purpose of selling a product or service, announcing a special event, or advertising an open position.
In conclusion, John has to include a disclaimer in the ad saying that those who use TTY equipment may attend sales meetings by calling the firm at the "companies number."
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Why would buyers want to know whether a property is currently experiencing a tax abatement?
Knowing whether a property is currently experiencing a tax abatement is crucial for buyers to assess the property's financial implications, long-term expenses, investment potential and market competitiveness.
Buyers would want to know whether a property is currently experiencing a tax abatement for several reasons:
Financial Considerations: Tax abatement programs offer temporary reductions or exemptions on property taxes, which can significantly impact the property's operating costs.
Long-Term Expenses: The expiration of a tax abatement program can lead to a substantial increase in property taxes once the abatement period ends. Buyers would want to be aware of the timeline and duration of any tax abatement to accurately assess the property's long-term expenses and financial viability.
Investment Analysis: Understanding the presence of a tax abatement allows buyers to factor it into their investment analysis and decision-making process. It helps in evaluating the property's potential returns, cash flow projections, and overall investment value.
Affordability and Affordability Stability: Tax abatements can make properties more affordable for buyers, particularly in high-tax areas or expensive markets. Buyers looking for more affordable options may actively seek out properties with active tax abatements.
Market Competitiveness: In some cases, properties with active tax abatements may be more attractive to buyers compared to properties without such benefits.
knowing whether a property is currently experiencing a tax abatement is crucial for buyers to assess the property's financial implications, long-term expenses, investment potential, affordability, and market competitiveness. It allows them to make informed decisions and properly evaluate the property's overall value and suitability for their needs and objectives.
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