question content area snipe company has been purchasing a component, part q, for $19.20 per unit. snipe is currently operating at 70% of capacity, and no significant increase in production is anticipated in the near future. the cost of manufacturing a unit of part q is estimated as follows:
Answers
The loss the company is incurring by purchasing Q = $19.20 - 17.12
Loss = $2.08/Q
How do you calculate the direct costs?When there is spare capacity, only the relevant costs are identified to determine whether the option to buy or make is worthwhile, resulting in the corporation incurring a meaningful loss on the purchase of Q rather than making it.
Since the factory fixed overhead is to be paid regardless of manufacturing Q, it should not be included in the estimations and the total cost of manufacturing Q should be
Direct Material + Direct Labor + Variable overheads
So Direct costs = 11.5 + 4.5 + 1.12 = $17.12
So the loss the company is incurring by purchasing Q = $19.20 - 17.12
Loss = $2.08/Q
Differential effect on the income is $2.08/ purchase of Q.
This can be avoided, thus Snipe should think about producing Q rather than buying it because doing so would allow it to save money as no production increases are currently scheduled.
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Related Questions
Imagine that you are called for an interview for the position of a team leader in an IT firm. Mention the behavioral skills that you should possess to qualify for this position, apart from the professional qualifications.
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The behavioral skills that the person vying for the team leader position should have include:
Time ManagementCommunication skillsPatienceSelf-improvementEmotional Intelligence,Self-confidenceWhat are behavioral skill?The ability to communicate with others and react to specific situations depends on a person's behavioral skills. These abilities can be used to interpret a person's behavior, ideas, and feelings. Many behavioral traits are social abilities that aid in interpersonal connections and relationship formation.
A team leader is a qualified individual in charge of managing, directing, and guiding a whole team. They are in charge of energizing their team members and encouraging open communication among them so that they can cooperate to accomplish objectives.
In this case, it's important that they have good communication skills to enable then communicate well with their team members.
The person should also be confident and have a positive mindset.
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According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
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The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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Can someone explain to me this economics homework assignment?
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An endogenous variable is a variable that is determined within a model or system. An example could be the level of employment in a particular region, which is determined by factors such as population, labor force participation rate, and job creation within the region.
What is an exogenous variableAn exogenous change is a change that occurs outside of a model or system and affects it. For example, an exogenous change could be a sudden increase in the price of oil due to geopolitical events, which could impact the overall economy.
An exogenous change can impact various factors of spatial utility, depending on the nature of the change. For example, if there is a sudden increase in the price of oil, this could impact transportation costs, which in turn could impact the accessibility of goods and services, and therefore impact the spatial utility of different locations. Similarly, an exogenous change in government policies or regulations could impact the availability of certain amenities or resources in a given location, and therefore impact the spatial utility of that location.
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1. Identify an endogenous variable
2. Identify an exogenous change
3. Which factor of (spatial) utility does an exogenous change impact? In what ways?
Based on systems characteristics, identify any component (substructure) in the organization and describe its objective, the activity currently the component is performing (in relation to services it is rendering and/or contributing towards the production of goods/products)
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The substructure in the organization is the functional organizational structure which help in structuring the workers.
What is the purpose of functional organizational structure?A functional organizational structure serves as the structure that help to organize the workers in the organization and this is usually done by grouping specific skills and knowledge.
And this structure ,it is usually easy to maintain good production of goods/products, because it will help employees to be assigned to one product or service.
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a firm has a lower inventory turnover, a longer acp, and a lower fixed-asset turnover than the industry averages. you should not be surprised to find that this firm has: lower asset turnover ratio than the industry average lower return on assets ratio than the industry average lower return on equity ratio than the industry average
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A firm has a lower inventory turnover, a longer ACP, and a lower fixed-asset turnover than the industry averages. You should not be surprised to find that this firm has:
I. Lower ATO than the industry average
II. Lower ROA than the industry average
III. Lower ROE than the industry average
The Risk Management Association's Annual Statement Studies are the primary source for industry ratios (RMA). The print editions are located in the reference section of the library. RMA ratios can be found in the IBISWorld database online as well. Sector averages are frequently used as benchmarks or tools to assist businesses compare their performance to others in the industry and assess their financial success. It aids in decision-making and is a helpful tool for investors and company managers.
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After years of doing their own bookkeeping and preparing all of their tax documents in-house, the Watkins BookStop is having a formal financial statement prepared. Write a short essay citing two possible reasons they would need a financial statement prepared.
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Answer:
Most bookkeepers will prepare three major financial statements for your business—the profit and loss statement, balance sheet, and cash flow statement. It's a good idea to have updated financial statements every month, and then again at year end
Financial statements are the annual financial reports that every company needs to prepare at the end of the financial year to know the financial position of the business in the market.
Why do we need to prepare financial statements?Financial statements play an important role in terms of providing information to investors because they can provide enormous information about a company's revenue, expenses, profitability, debt load, and the ability to meet its short-term and long-term financial commitments
There are three major financial statements: Balance Sheet, Income Statement, and Cash Flow Statement.
As per the information available, the firm would need to prepare the financial statements because their business would have expanded over the period of time and for the fulfillment of the interests of the stakeholders.
Thus, In this way, they can show the true financial position of the business in the market.
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price an investor pays to purchase outstanding bond
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The price an investor pays to purchase an outstanding bond is typically referred to as the "purchase price" or "transaction price." This price is determined by various factors, including the bond's face value, coupon rate, current market interest rates, and the remaining time to maturity.
When a bond is traded on the secondary market, its price may differ from its face value. If the bond's coupon rate is higher than the prevailing market interest rate, the bond may be sold at a premium, meaning the purchase price will be higher than the face value. Conversely, if the coupon rate is lower than the market interest rate, the bond may be sold at a discount, and the purchase price will be lower than the face value.
The purchase price of a bond is influenced by supply and demand dynamics, credit rating changes, economic conditions, and investor sentiment. It is important for investors to consider these factors when determining the price they are willing to pay for an outstanding bond in order to achieve their desired yield or return on investment.
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The greeting of a cover letter is referred to as the
O salutation
O suffix
O opening
O prefix
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Answer:
The answer is Salutation.
Explanation:
A salutation is the greeting at the beginning of a cover letter that is included with a resume when applying for a jobWhat is advertising used for?check all that apply
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Answer:
hczvzjhihjjjjilpppjjvzctxfg
Sean works in San Jose, California, but her teammates work in Israel, Germany, and India. Together, they create coding GPS systems. Seans for part of 
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Together, they create coding for GPS systems. Alex is part of global team. The Option C.
What type of team does Alex belong to?Alex is part of a global team, where her teammates are located in different countries like Israel, Germany, and India. This type of team structure allows them to collaborate and create coding for GPS systems while being geographically dispersed.
These global teams leverage diverse perspectives and skills from various regions contributing to a rich and innovative work environment.
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Read each statement about trademarks, trade secrets, copyrights, and patents, select the TWO True statements.
Select 2 correct answer(s)
Question 11 options:
Trade Secrets are confidential information which may be sold or licensed.
A Trademark protects a brand name.
A Patent is used to protect an original work, like music.
A Copyright is used to protect a company logo.
Answers
The two correct statements are
Trade Secrets are confidential information that may be sold or licensed.A Trademark protects a brand name.What is a trade secret?Any procedure or technique used by a firm that is often kept a secret from the public is considered a trade secret. The unlawful disclosure and use of sensitive information, often known as trade secret misappropriation, is subject to some legal protection.
The brand names and logos that are used on products and services are protected by trademarks. The purpose of a trademark is to safeguard items that help customers recognize a company in the marketplace, and logos are one of the most crucial identifying tools.
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In general, is the U S. federal tax system progressive or regressive?
A. Regressive
B. Progressive
Answers
Answer:
Option B (Progressive) is the correct choice.
Explanation:
The federal income tax throughout the US seems to be a progressive form of taxation. The effective tax rate system places additional personal income taxation on someone with maximum salaries, as well as a lower corporate tax rate on those with a relatively low wage. The number of percentage changes at increments as tax earnings rise.Which of the following will increase supply of ice cream, a normal good?
A) An increase in the number of restaurants selling ice cream
B) An increase in the cost of milk, a key ingredient in ice cream
C) An increase in the price of cones used to serve ice cream
D) An increase in consumers’ income
E) A tax increase on ice cream distributors
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Emma is the team lead at a data analytics firm. She believes in encouraging her team members to fulfill their job responsibilities by rewarding them when they achieve their goals and punishing them when they don’t. Based on her leadership style, her team consistently meets company expectations. Based on the scenario, is Emma exhibiting transformational leadership? If you think she is, explain why by including and describing two specific types of transformational behavior based on the scenario. If not, explain how she can exhibit transformational leadership by including and describing two specific types of transformational behavior.
Answers
Answer:
Emma is not exhibiting transformational leadership style
Explanation:
As per the scenario mentioned in the question, it is noted that Emma is not exhibiting transformational leadership style instead this is an example of transactional leadership style.
In order to exhibit transformational leadership, Emma will need to motivate and encourage her employees to accomplish and adapt to change that help grow and achieve future success of the organisation. This can be done by setting an example at her level through developing a strong sense of corporate culture, independence and employee ownership in the workplace.
Another behaviour she could exhibit is by avoiding micromanagement. Instead she should train her employees to make decision on their own and take responsibility of their work. This way employees will have space to think creatively and will work to find solutions to the problems faced by them in their workplace.
First, complete the table below
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A hexagon is a polygon possessing six sides and angles. It exemplifies the traits of a regular polygon, signifying that each of its six sides measures identical lengths, while the measurment of all angled corners comprise an equivalent value (120 degrees per angle).
How to explain the shapeIt should be noted that to determine the area of a regular hexagon with regards to its side length s, refer to this formula: A = (3√3/2) × s^2.
A heptagon consists of seven pointed angles protruding from its center as well as encompassing its circumference using an equal count of respective sides attached to each corner. Such shapes can form in either regular or irregular states, however, only when uniformly oriented are they deemed "regular."
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Based on the graph, how many people are willing to work when the government of a country raises the minimum wage from $17 to $25?
A. 9
B. 12
C. 16
D. 19
E. 28
Answers
E.28
So yeah hope I’m not too late
Answer:
Post Test: Government
Economics
Question #5
Based on the graph, how many people are willing to work when the government of a country raises the minimum wage from $17 to $25?
Answers:
A. 9
B. 12
C. 16
D. 19
E. 28
__________________________________________________________
The 100% correct answer is:
E. 28
Explanation:
I took the test and this is 100% it
Hope this helped
enthnocentrism as a barrier in cross-cultural communication
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Question 11
Great Valley Income Tax Advice
GV is a small accounting firm supporting wealthy individuals in their preparation of annual income tax statements. Every December, GV sends out a short survey to their customers, asking for the information required for preparing the tax statements. Based on 50 years of experience, GV categorizes their cases into the following groups:
Group 1 (new customers, easy): 15 percent of cases
Group 2 (new customers, complex): 5 percent of cases
Group 3 (repeat customers, easy): 50 percent of cases
Group 4 (repeat customers, complex): 30 percent of cases
Here, “easy” versus “complex” refers to the complexity of the customer’s earning situation.
In order to prepare the income tax statement, GV needs to complete the following set of activities. Processing times (and even which activities need to be carried out) depend on which group a tax statement falls into. All of the following processing times are expressed in minutes per income tax statement.
The activities are carried out by the following three people:
Administrative support person: filing and writing.
Senior accountant (who is also the owner): initial meeting, review by senior accountant.
Junior accountant: preparation.
Assume that all three people work eight hours per day and 20 days a month. For the following questions, assume the product mix as described above. Assume that there are 50 income tax statements arriving each month.
What is the (implied) utilization of the administrative support person
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The (implied) utilization of the administrative support person is that:
The utilization of an administrative support person, also known as an administrative assistant, can vary depending on the specific needs and requirements of the organization they work for.
Generally, administrative support personnel provide a range of support services to help an organization run smoothly and efficiently. This can include tasks such as scheduling appointments, organizing and maintaining records, handling correspondence and communications, making travel arrangements, preparing reports and presentations, and assisting with projects and events
What sort of work falls under administrative support?In an office, an administrative assistant plays a supporting role. They are in charge of organizing and sharing information with their coworkers, as well as taking phone calls and performing other administrative tasks.
This employment entails aiding others, avoiding passing judgment on people or situations, and offering assistance in changing lives. You'll need not only talents, but also tolerance, kindness, and comprehension because it could be challenging. Basically, this is not the work for you if you are self-obsessed and dislike interacting with others.
Therefore, in the context of the above, Administrative support personnel may also be responsible for handling financial tasks such as invoicing, budgeting, and bookkeeping. Ultimately, the utilization of an administrative support person is to provide assistance and support to management and other staff members, enabling them to focus on their core responsibilities and priorities.
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Question 5 of 10
What are the disadvantages of a contract
for deed? Select two.
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how can I draw the circular flow of Income in an open economy?
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The unending flow of goods and services, income, as well as expenditure in an economy is referred to as the circular flow. It depicts the circular redistribution of income between the production unit and households. Land, labour, capital, as well as entrepreneurship are examples of these.
The circular flow of diagram's outer loop depicts the flow of factor services from households to firms, as well as the corresponding flow of payments for factors from firms to households.
The inner loop depicts the flow of goods and services from firms to households, as well as the flow of consumer spending from households to firms. The entire amount of money paid by firms as factor payments is returned to the firms by the factor owners.
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Cash paid to creditors ra 9000 after deducting 10% discount journal entry
Answers
Debit: Creditors (Accounts Payable) 9,000
Credit: Cash 8,100
Credit: Discount Allowed 900
Read the following blog post, and then (a) analyze whether the message is effective or ineffective (explain why), and (b) revise the message so that it follows this chapter's guidelines.
"It has come to my attention that many of you are lying on your time cards. If you come in late, you should not put 8:00 on your card. If you take a long lunch, you should not put 1:00 on your time card. I will not stand for this type of cheating. I simply have no choice but to institute an employee monitoring system. Beginning next Monday, video cameras will be installed at all entrances to the building, and your entry and exit times will be logged each time you use electronic key cards to enter or leave.
Anyone who is late for work or late coming back from lunch more than three times will have to answer to me. I don’t care if you had to take a nap or if you girls had to shop. This is a place of business, and we do not want to be taken advantage of by slackers who are cheaters to boot.
It is too bad that a few bad apples always have to spoil things for everyone."
Answers
The message in the given blog post is effective, as this is a friendly reminder about the working time.
So a shift starts from 7:30 am to 5:00 pm and there is a break time between 12:00 pm to 12:45 pm for lunch and other business. In order to facilitate the accuracy of time record and thus improve the fairness in a working environment, a camera will be installed which will moniter the employees. So, this is effective.
So if anyone is late for work more than three times, there will be a penalty. Thus, from following Monday the new cameras are installed for improving the checking time for working of all workers. This is the message given in the blog post.
Hence, such guidelines are to be followed.
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Describe business ethics. Provide an example to show the role they play in the workplace.
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Answer :
Business ethics is the study of appropriate business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities.
Business ethics enhances the law by outlining acceptable behaviors beyond government control. Corporations establish business ethics to promote integrity among their employees and gain trust from key stakeholders, such as investors and consumers. While corporate ethics programs have become common, the quality varies.
(Figure: Payoff Matrix I for Blue Spring and Purple Rain) The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to:
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The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to: always charge a low price.
What is a Payoff Matrix?Generally, In the field of game theory, a description of a game is referred to as normal form. In contrast to extended form, normal-form representations are not graphics in and of themselves; rather, they use matrices to depict the game in question.
The outcomes of the decisions made by players in a game may be represented using something called a reward matrix.
The structure of a game, such as whether players take in turns to do actions or if a player must make a decision without knowing what option the other player will make, is not conveyed by a payout matrix. Components that make into a payoff matrix.
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Abey Kuruvilla, of Parkside Plumbing, uses 1,220 of a certain spare part that costs $27 for each order, with an annual holding cost of $25. a) Calculate the total cost for order sizes of 25, 40, 50, 60, and 100 (round your responses to two decimalplaces). b) What is the economic order quantity?
Answers
The total cost is : $1,630.10, $1,310, $1,283.8, $1,299, $1,579.4 and the economic order quantity is 51.33.
How to find the economic order quantity?Using this formula to find the total cost
Total cost = DCo/Q + QH/2
Where:
D = Annual demand
Co = Ordering cost per order
H = holding cost per item per annum.
Order Size 25
Total cost = (1,220 x $27/25) + (25 x $25/2)
Total cost = $1,317.6 + $312.50
Total cost = $1,630.10
Order Size 40
Total cost = (1,220 x $27/40) + (40 x $25/2)
Total cost = $810 + $500
Total cost = $1,310
Order Size 50
Total cost = (1,220 x $27/50) + (50 x $25/2)
Total cost = $658.8 + $625
Total cost = $1,283.8
Order Size 60
Total cost = (1,220 x $27/60) + (60 x $25/2)
Total cost = $549 + $750
Total cost = $1,299
Order Size 100
Total cost = (1,220 x $27/100) + (100 x $25/2)
Total cost = $329.4 + $1,250
Total cost = $1,579.4
b. Economic order quantity
Economic order quantity = √ 2 × $27 × 1220 ÷25
Economic order quantity = √ 65,880÷25
Economic order quantity =√2,635.2
Economic order quantity =51.33
Therefore the economic order quantity is 51.33.
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Western Electric has 35,000 ordinary shares outstanding at a price per share of $47 and a rate of return of 13.5%. The firm has 5,000 preference shares paying 7% dividend outstanding at a price of $58 a share. The preferred share has a par value of $100. The outstanding bond has a total face value of $450,000 and currently sells for 102% of face. The pre-tax yield-to-maturity on the bond is 8.49%. Required: a) Calculate the total market value of the firm. b) Calculate the capital structure of the firm. c) Calculate the firm's weighted average cost of capital if the tax rate is 30%, assuming a classical tax system.
Answers
Answer:
a) Total market value of the firm = $2,394,000
b) The capital structure of the firm:
Weight of ordinary shares = 69%
Weight of preference shares = 12%
Weight of bond = 19%
c) The firm's weighted average cost of capital (WACC) = 11.28%
Explanation:
a) Calculate the total market value of the firm.
Total market value of the firm is the addition market values of ordinary shares, preference shares and bond. This can be calculated as follows:
Market value of ordinary shares = $47 * 35,000 = $1,645,000
Market value of preference shares = $58 * 5,000 = $290,000
Market value of bond = $450,000 * 102% = $459,000
Therefore, we have:
Total market value of the firm = $1,645,000 + $290,000 + $459,000 = $2,394,000
b) Calculate the capital structure of the firm
Capital structure of the firm is the weight of the market value of each of capital or finance sources in the total market value. This can be calculated as follows:
Wo = Weight of ordinary shares = $1,645,000 / $2,394,000 = 0.69, or 69%
Wp = Weight of preference shares = $290,000 / $2,394,000 = 0.12, or 12%
Wb = Weight of bond = $459,000 / $2,394,000 = 0.19, or 19%
c) Calculate the firm's weighted average cost of capital if the tax rate is 30%, assuming a classical tax system.
The weighted average cost of capital (WACC) which is also referred to as firm's cost of capital refers to the rate the firm is expected to pay on average to all holders of its security used in financing its assets. The WACC can be estimated as follows:
WACC = (Ro * Wo) + (Rp * Wp) + (Yb * Wb * (1 - T)) .................... (1)
Whrere,
Ro = Rate of return of ordinary shares = 13.5%
Rp = Rate of return on preference shares = 7%
Yb = Pre-tax yield-to-maturity on the bond = 8.49%
T = Tax rate = 30%
Substituting the values above and the relevant values from part (b) above into equation (1), we have:
WAAC = (13.5% * 69%) + (7% * 12%) + (8.49% * 19% * (1 - 30%)) = 11.28%
If the government wanted to enact a policy to increase living standards in the country, it should
Answers
to ensure that job opportunities reach all corners of the country and check the living standards of the citizens
The following refers classification of space except
a.
Personal space
b.
Ethical space
c.
Public space
d.
Intimate space
Answers
Classification of space except public space. People connect, meet, and interact in public spaces where they also express their shared rights to the city and find similar interests.Public space is essential to the idea of a livable and human environment in a city that values its residents.
The following refers classification of space except?
Personal space is the area that a person considers to be psychologically theirs.The majority of people value their personal space and dislike, become angry, or become anxious when in it.It invades people's personal space.allowing someone into your personal space and entering. Our personal space serves as a "protection" zone surrounding us and gives us a sense of security.Only those we permit entry into our personal area.We feel appreciated and cherished when others refrain from entering this zone. The goal of ethical space is to establish a setting where knowledge systems can interact while upholding fundamental moral norms and virtues like kindness and generosity.A framework called the ethical space of engagement looks at the differences and positions of Indigenous peoples and Western society.The Etuaptmumk - Two Eyed Seeing method, developed by Mi'kmaw Elder Albert Marshall, is the best example of how Western and Indigenous worldviews may coexistEvery system of knowledge is equal; no system is more significant or legitimate than another. According to the classification, intimate space falls into four categories: close physical contact up to 18 inches, personal space up to 4 feet, social space up to 12 feet, and public space above 12 feet.Personal space becomes communal space when a desk is placed between two persons. According to Ermine's analysis, ethical space has the power to change unequal social structures into respectful alliances between Indigenous and non-Indigenous peoples.To learn more about public space refer
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Which of the following is an advantage of engineering controls?
Answers
C : Because they modify the work environment and equipment to reduce or isolate the worker from the source of the exposure to a hazard, engineering controls are more effective than administrative and PPE controls.
What advantages do engineering controls provide?By removing hazardous conditions or putting a barrier between the worker and the hazard, engineering controls safeguard workers. Local exhaust ventilation, which collects and removes airborne emissions, and machine guards, which protect the worker, are two examples. Installing guardrails to prevent falls, using portable air conditioners to combat heat stress, limiting exposure to hazardous chemicals through ventilation, and installing noise absorption panels to reduce high noise levels are all examples of engineering controls.
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Complete question :
Which of the following is an advantage of engineering controls?
a. Administrative controls.
b. Personal protective equipment (PPE).
c. protect workers .
Alpha Enterprises currently operates 8 warehouses and holds a total inventory of 3,600 units. They want to reduce their inventory to 1,800 units. They should reduce the number of warehouses to:
Answers
Answer:
4 warehouses
Explanation:
Total warehouse = 8
Total inventory = 3,600 units
Units per warehouse = Total inventory /Total warehouse
Units per warehouse = 3,600 / 8
Units per warehouse = 450
Now, Alpha Enterprises wants to reduce their inventory to 1,800 units, the number of warehouse should then be:
= 1,800 units / 450 units
= 4 warehouses.