Answers
It is not feasible to simultaneously create it and business procedures. It should instead be in line with current business processes. The assertion is untrue.
What makes concurrent design crucial?By overlapping and integrating tasks, concurrent engineering significantly reduces waiting times. According to one estimate, this method can cut the overall design work by up to 30%. By guaranteeing that modification requests are kept to a minimal, concurrent engineering also expedites the design process.
What is the purpose of concurrent?a means to gauge how many software licenses are being used. One of the following options is available for licensing software: site (only a specific number of users may access the software), individual (it cannot be shared with other users), and concurrent use (consumption is constrained).
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Related Questions
Cartwright Brothers preferred stock has an annual dividend of $3.50 per share if the required rate of return on the preferred stock is 12% how much would you be willing to pay for one share of the preferred stock
Answers
Answer:
$29.17
Explanation:
Calculation for how much would you be willing to pay for one share of the preferred stock
Using this formula
Amount willing to pay=Preferred stock annual dividend/Required rate of return on preferred stock
Let plug in the formula
Amount willing to pay=$3.50 per share/0.12
Amount willing to pay=$29.166
Amount willing to pay=$29.17 (Approximately)
Therefore how much would you be willing to pay for one share of the preferred stock is $29.17
how KFC generate revenue
Answers
Answer:
Explanation:
KFC earns most of its revenue from the sale of food and drinks to its customers (both online and in-store). It also earns from its franchise agreement through its licensing fees. As of 2020, it earned around US$ 27.9 billion worth of revenue.
King Corporation began operations in January of the current year. The charter authorized the following stock:
Preferred stock: 10 percent, $11 par value, 41,000 shares authorized
Common stock: $6 par value, 86,800 shares authorized
During the current year, the following transactions occurred in the order given:
Issued 22,700 shares of common stock for $10 per share.
Sold 8,300 shares of the preferred stock at $21 per share.
Sold 2,700 shares of the preferred stock at $21 per share and 2,800 shares of common stock at $11 per share.
Required:
Provide the journal entries required to record each of the transactions in (a) through (c).
Answers
The journal entries to record each of the transactions in (a) through (c) for King Corporation are as follows:
Journal Entries:a) Debit Cash $227,000
Credit Common Stock $136,200
Credit Additional Paid-in Capital, Common Stock $90,800
To record issuance of 22,700 shares of common stock for $10 per share.b) Debit Cash $174,300
Credit 10% Preferred Stock $91,300
Credit Additional Paid-in Capital, Preferred Stock $83,000
To record issuance of 8,300 shares of the preferred stock at $21 per share.c) Debit Cash $56,700
Credit 10% Preferred Stock $29,700
Credit Additional Paid-in Capital, Preferred Stock $27,000
To record issuance of 2,700 shares of the preferred stock at $21 per share.d) Debit Cash $30,800
Credit Common Stock $16,800
Credit Additional Paid-in Capital, Common Stock $14,000
To record issuance of 2,800 shares of common stock at $11 per share.What journal entries are used for?Journal entries are used to initially record business transactions.
Journal entries identify the accounts affected by each transaction and further show the account to be debited or credited.
Transaction Analysis:Authorized Share Capital:
Preferred stock: 10 percent, $11 par value, 41,000 shares
Common stock: $6 par value, 86,800 shares
a) Cash $227,000 Common Stock $136,200 Additional Paid-in Capital, Common Stock $90,800
Issuance of 22,700 shares of common stock for $10 per share.
b) Cash $174,300 10% Preferred Stock $91,300 Additional Paid-in Capital, Preferred Stock $83,000
Issuance of 8,300 shares of the preferred stock at $21 per share.
c) Cash $56,700 10% Preferred Stock $29,700 Additional Paid-in Capital, Preferred Stock $27,000
Issuance of 2,700 shares of the preferred stock at $21 per share.
d) Cash $30,800 Common Stock $16,800 Additional Paid-in Capital, Common Stock $14,000
Issuance of 2,800 shares of common stock at $11 per share.
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The following information is available for Splish Brothers Corp. for the year ended December 31, 2022.Other revenues and gains 23,600other expenses and losses 4,000costs of good sold 291,000sales discount 4,800sales revenue 759,000operating expenses 220,000sales returns and allowances 10,600Prepare a multiple-step income statement for Splish Brothers Corp. The company has a tax rate of 25%.
Answers
Answer:
Splish Brothers Corp.
Multiple-step income statement for the year ended December 31, 2022.
Sales Revenue 759,000
Less sales returns and allowances (10,600)
Net Sales 748,400
Less Costs of Good Sold (291,000)
Gross Profit 457,400
Less Operating Expenses
Operating expenses 220,000
Sales discount 4,800 (224,800)
Operating Profit 232,600
Less Non - Operating Expenses
Other revenues and gains (23,600)
Other expenses and losses 4,000 19,600
Net Profit before tax 252,200
Income tax expense (63,050)
Net Profit after tax 189,150
Explanation:
Multiple-step income statement shows separately the income generated from Primary activities and that generated from Secondary activities as above.
Stear Corp. has an opening inventory of $2,500. During the year, it made purchases worth $55,000. At the end of the accounting period, the inventory was worth $1,250. What was the cost of goods sold?
A.
$57,500
B.
$56,250
C.
$53,750
D.
$55,000
Answers
Answer:
B. 56,250
Explanation:
"Beginning inventory of 2,500 plus purchases of 55,000 minus ending inventory of 1,250 = 56,250 of cost of goods sold."
Radar Company sells bikes for $480 each. The company currently sells 4,000 bikes per year and could make as many as 4,370 bikes per year. The bikes cost $260 each to make: $160 in variable costs per bike and $100 of fixed costs per bike. Radar received an offer from a potential customer who wants to buy 370 bikes for $460 each. Incremental fixed costs to make this order are $46,000. No other costs will change if this order is accepted.
Compute Radar's additional income (ignore taxes) if it accepts this order.
Answers
Answer:
$65,000
Explanation:
The total cost of the additional order will be $46,000 of fixed costs and an additional $160 of variable costs for each of the 370 bikes. The additional production cost is:
\(C=\$46,000+370*\$160\\C=\$105,200\)
If each bike is going to be sold for $460, then the additional income (excluding taxes) from accepting this order is:
\(I=(price*units)-cost\\I=(\$460*370)-\$105,200\\I=\$65,000\)
Radar's additional income is $65,000.
This incentive contract is based on a target price of $260,000 withexpected costs of $240,000 and target incentive of $5,000.Thecontract specifies a share ratio of 80/20. If the actual cost is $249,000, what is the seller's final fee?A.$5,000,B.$13,800,C.$11,000,D.$7,200
Answers
The seller's final fee is $7,200. which is option D. based on the incentive contract.
The seller's final fee can be calculated by subtracting the target cost from the actual cost and multiplying it by the share ratio.
First, let's calculate the difference between the actual cost and the target cost:
Actual cost - Target cost = $249,000 - $240,000 = $9,000
Next, we multiply the difference by the share ratio:
$9,000 * (80/100) = $7,200
Therefore, the seller's final fee is $7,200.
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The units of Manganese Plus available for sale during the year were as follows:
Mar. 1 Inventory 22 units $29
June 16 Purchase 31units $20
Nov. 28 Purchase 46 units $39
There are 14 units of the product in the physical inventory at November 30. The periodic inventory system is used. Determine the inventory cost in (a) FIFO, (b) LIFO, and (c) average cost methods.
Answers
Answer and Explanation:
The computation of the ending inventory by following methods are
a. Under FiFO
= 14 units at $39
= $546
b. Under LIFO
= 14 units at $29
= $406
c, Under average cost method
But before that the average cost per unit should be determined
= (22 units at $29 + 31 units at $20 + 46 units at $39) ÷ (22 units + 31 units + 46 units)
= ($638 + $620 + $1,794) ÷ (99 units)
= $30.83
Now the ending inventory is
= $30.83 × 14 units
= $431.62
= $432
A social media start-up wants to raise funds to support growth by offering shares to a select group of investors. What type of market transaction should they pursue
Answers
Answer:
By Private placement, the company will be able to raise funds offering shares to a select group of investors.
Explanation:
Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a niche differentiation strategy. From last year’s reports, which company would be the strongest competitor?
Answers
Answer:
Chester Company is the strongest Competitor
Explanation:
Chester company has developed a strategy of cost cutting to survive best among its competitors. It has cut its routine expenses and has lowered its cost of goods manufactured which can lead to profit maximization. The company has lowered its selling price and customers are more attracted to it because of its cheap price among all other companies supplying same products
Ken has always been a nonresident of California. On March 1, 2019, he sold a California rental property in an installment sale. During 2019 and 2020, he received installment proceeds comprised of capital gain income and interest income. Which of the following is incorrect regarding the capital gain income?
Answers
The incorrect statement regarding the capital gain income of Ken is D. California taxes the installment proceeds received by a nonresident to the extent the income from the sale was from a California source.
What is capital gain income?Ken's capital gain income is the increase in his California rental property's value. Capital gain is realized when Ken sells the property.
Two types of capital gain income:Short-term (one year or less)Long-term (more than one year).Sources of Capital Gain Income or Loss:
As profits from the sale of a capital asset, such as Ken's California rental property, shares of stock, a business, a parcel of land, or a work of art, capital gains are taxable. The opposite of a capital gain is called a capital loss. A capital loss arises when an asset is sold at price less than its basis value.
Answer Options:A. The capital gain income is taxable by California in both 2019 and 2020 because the property was located in California.
B. The capital gain income is taxable by California only in 2020 because the property was located in California.
C. The interest income is not taxable by California and has a source in Ken's state of residence.
D. California taxes the installment proceeds received by a nonresident to the extent the income from the sale was from a California source
Thus, the incorrect statement about the capital gain income is Option D.
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What is market environment
Answers
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
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2. How could a business demonstrate its core value of treating all employees well?
Answers
Answer:
Share your vision with them. Let employees know our plans for your company and your products and services. ...
Keep them in the loop. ...
Involve them in the launch of new products. ...
Reward them for building relationships with customers.
Explanation:
Answer:
1. Share your vision with them.
Let employees know our plans for your company and your products and services. Keep them informed of your values and goals so that they can be your advocate. Two Men and a Truck is a company that makes it a point to instill its core values so that employees can live them out in their daily lives and at work. Two of my favorite such core values are: The Grandma Rule and Give Back to the Community. Two Men and a Truck features its employees living out their core values on its blog, and the employees share those values with customers, neighbors and friends.
2. Keep them in the loop.
Don’t keep secrets from your employees -- tell them everything you know that they need to know to help you run your business. Even though it’s a privately held company, Rhino Foods regularly shares its financial information with employees so that they can help keep the business profitable. Employees know that they have the ability to impact the bottom line of the company, which also impacts their paychecks. This helps everyone in the long run.
Related: Richard Branson on Why Making Employees Happy Pays Off
3. Involve them in the launch of new products.
When Lenovo introduced its new Yoga tablet in fall 2013, the company's internal communications team decided to engage employees in the introduction of this new product launch; the decision was announced on the company intranet, Lenovo Central. Employees could win a Yoga tablet by posting their own yoga poses there. The poses with the most “likes” also won their practitioners a new tablet. This was a great example of engaging employees in a new product and brand early, then rewarding them with that product so they become brand ambassadors once the product hits the market.
4. Reward them for building relationships with customers.
Instead of providing commissions for employees to sell something a customer may not need, why not encourage the building of a relationship with that customer, accompanied by rewards for creating and maintaining customer loyalty?
I have not yet heard of a company that rewards employees for truly building and maintaining customer relationships. So, if you have, please share that information in the comment section below. But I believe such a move could become a powerful vehicle for employees to understand and harness their "inner brand ambassador" if they understand and are rewarded for such relationship-building with customers.
As an investor, what is the risk involved when investing in companies on the stock
exchange?
a. Investors can lose their existing shares if the value of the stock does not
increase within 90 days of purchase
b. Once they purchase a share, investors cannot sell them at a higher price
The price of stocks can decrease; for example, when the company
receives bad press
d. Investors are only at risk if the purchase a share when the stock price has
fallen
C.
Answers
Answer:d
Explanation:
The investor are only at risk if the purchase of a share when the stoc price has fallen
now imagine that there is a bumper coffee bean crop in south america that lowers price of coffee beans such that market supply increases by 50% at every price. calculate this and report the new market supply in in column l in cells l2 through l17. this column is titled new market supply
Answers
The impact of a bumper coffee bean crop in South America that lowers the price of coffee beans and increases the market supply by 50% at every of supply and demand.
If the supply of coffee beans increases dramatically, it is likely that the price will decrease. This is because the increased supply will create an excess of coffee beans in the market supply , and suppliers will need to reduce their prices to sell the surplus. On the demand side, a decrease in the price of coffee beans may attract new consumers who were previously deterred by the higher price. However, it may also discourage existing consumers who are accustomed to paying a higher price for the product. Overall, the change in the market supply will depend on the balance between the increase in supply and the shift in demand. If the increase in supply is greater than the shift in demand, the market will experience a surplus, and prices will decrease further. If the shift in demand is greater than the increase in supply, the market will experience a shortage, and prices will increase.
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The complete Question is:
What is the impact on the coffee bean market when there is a bumper crop in South America?
Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $78, and the book value per share is $9. The company also has two bond issues outstanding. The first bond issue has a face value of $115 million, a coupon rate of 7 percent, and sells for 93 percent of par. The second issue has a face value of $100 million, a coupon rate of 6 percent, and sells for 105 percent of par. The first issue matures in 21 years, the second in 8 years. Both bonds make semiannual coupon payments. a. What are the company's capital structure weights on a book value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.) b. What are the company’s capital structure weights on a market value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
Answers
Answer:
Book value weight of equity is 0.2007
Book value weight of debt is 0.7993
Market value weight of equity is 0.6883
Market value weight of debt is 0.3117
Explanation:
The book value of the two bonds=$115 million+$100 million=$215 million
The book value of equity =6 million *$9=$54 million
weight of debt=$215/($215+$54)= 0.7993
weight of equity=$54/($215+$54)= 0.2007
Market value approach:
market value of equity=6 million*$78=$468 million
market of the first bond=$115 million*93%=$106.95 million
market value of the second bond=$100 million*105%=$105 million
total market value of bonds=$106.95 million+$105 million=$ 211.95 million
weight of debt=$211.95/($211.95+$468 )= 0.3117
weight of equity=$468/($211.95+$468 )= 0.6883
What’s the best way to find the load capacity of a crane?
Answers
The load capacity of a crane can be found by checking the load chart, calculating the effective load, calculating the capacity at the working radius, and checking the stability of the crane.
The load capacity of a crane refers to the maximum weight that it can lift and transport safely without any damage to the crane. The maximum load capacity of a crane is determined by its design and other specifications. The best way to find the load capacity of a crane is by checking the manufacturer's load charts and calculating the effective load that the crane can lift in various positions and operating conditions. Below are the steps to find the load capacity of a crane.
Step 1: Check the load chartThe load chart provides information about the crane's capacity in various conditions and configurations. It shows the maximum weight that can be lifted at different radii and boom lengths. The load chart also indicates the crane's stability in different positions. The load chart should be specific to the crane's model, and it should be available from the manufacturer or the crane supplier.
Step 2: Calculate the effective loadThe effective load is the weight of the load plus any rigging gear, such as slings, shackles, and hooks. The effective load should be calculated for every lift to ensure that the crane is not overloaded. The effective load is calculated by adding the weight of the load to the weight of the rigging gear. The weight of the rigging gear should be included in the load chart or specified by the manufacturer.
Step 3: Calculate the capacity at the working radiusThe working radius is the distance from the center of rotation of the crane to the center of gravity of the load. The capacity of the crane is affected by the working radius. The closer the load is to the crane, the higher the capacity. The capacity at the working radius is calculated by multiplying the effective load by the load radius factor, which is provided in the load chart. The load radius factor takes into account the boom length, the angle of the boom, and the crane's capacity. It varies for different radii and boom lengths.
Step 4: Check the stability of the craneThe stability of the crane should be checked to ensure that it can lift the load safely without tipping over. The crane's stability depends on the configuration, the location of the load, and the position of the crane. The load chart provides information about the crane's stability in different positions and configurations. If the crane is unstable, the load should be repositioned or a more stable crane should be used.
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Which of the following statement is TRUE?
(1 Point)
Developmental programs improve conceptual skills of managers for the future job.
Training programs improve conceptual skills of nonmanagers for the future job.
Developmental programs improve technical skills of nonmanagers for the current job.
Training programs improve technical skills of mangers for the current job.
Answers
'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.
The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.
Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.
The correct answer is option a.
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List the contributions of each of the following to the Economic development of Ghana: a) National aquaculture of Ghana b) Central aquacultural research institute of Ghana.
Answers
Answer:
Explanation:
a) National Aquaculture of Ghana (NAQ)
The National Aquaculture of Ghana is a government agency established to promote, support, and ensure the sustainable development of aquaculture in Ghana. Some of the contributions of the NAQ to the economic development of Ghana include:
1. Job creation: The NAQ has created several job opportunities for people in Ghana through the establishment of fish farms across the country. These farms provide employment to people in rural areas and help to reduce poverty.
2. Increase in fish production: The NAQ has helped to increase fish production in Ghana through the promotion of fish farming. This has helped to reduce the demand for imported fish and has boosted the local fishing industry.
3. Export earnings: The NAQ has promoted the exportation of fish products from Ghana to other countries. This has increased foreign exchange earnings for Ghana and has helped to improve the balance of trade.
4. Improvement in food security: The NAQ has contributed to improving food security in Ghana by promoting the production of fish locally. This has helped to reduce the importation of fish and has made it more affordable for Ghanaians to access fish.
b) Central Aquacultural Research Institute of Ghana (CARI)
The Central Aquacultural Research Institute of Ghana is a government research institution established to carry out research and provide scientific advice on the development of aquaculture in Ghana. Some of the contributions of CARI to the economic development of Ghana include:
1. Development of new fish farming techniques: CARI has developed new fish farming techniques that are suitable for the Ghanaian environment. These techniques have increased the productivity of fish farms and have reduced the cost of production.
2. Disease control: CARI has carried out research on fish diseases and has developed effective ways to control or prevent the spread of diseases in fish farms. This has helped to reduce losses incurred by fish farmers due to disease outbreaks.
3. Technical advice: CARI provides technical advice to fish farmers on the best practices for fish farming. This has helped to improve the quality of fish produced and has made the industry more profitable.
4. Training: CARI provides training to fish farmers and other stakeholders in the aquaculture industry. This has helped to increase the knowledge and skills of people in the industry and has improved the overall productivity of the sector.
I need help how I define followership?
Answers
Followership is the capacity and willingness of individuals to work collaboratively with a leader to achieve a common goal or purpose. It involves recognizing and respecting the authority and expertise of the leader, while also contributing one's own skills, knowledge, and ideas to the collective effort. Effective followership requires active engagement, commitment, and a willingness to share responsibility for the success of the group. Followership can take many forms, from providing support and feedback to the leader, to challenging assumptions and proposing alternative strategies. It is a critical component of effective teamwork, as well as of effective leadership, as leaders rely on followers to help implement their vision and achieve their goals.
While this answer may provide you with helpful infromation regarding your assignment, it is important to remember that using it verbatim could be seen as plaigiarism. To avoid this, it is best to cite your own sources, and put everything in your own words.
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Make sure to look on my page for any fręē põïńtś in the future this one is for 10 witch means it’s the last one.
If you don’t get this remember I well have more later!
Answers
Answer:
Thank you, appreciate it.
Explanation:
Because I secretly love you.
What is a class action suit?
OA. When a lawsuit is dismissed by a judge because the court does
not have proper jurisdiction
B. When a lawsuit involves not only one punishment, but an entire list
of consequences
C. When a group of consumers that suffer similar damages bring a
case against a business together
D. When an individual brings a lawsuit against all businesses in an
industry together
it’s c
Answers
A class action suit is a case, brought up by a group of consumers that suffer similar damages, against a business together. Hence, the correct answer will be an option(c).
Consumers, suffering a similar loss caused by a business, come forward and file a lawsuit together against the same business. This type of lawsuit is known as a class action suit. It is also known as Representative action. If the group wins the lawsuit, it will be compensated for the damages caused but if they lose the lawsuit, it will not receive any type of financial compensation.
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Which of the following statements includes a line described as net income? (Select all that apply.)
Adjusted trial balance
Balance sheet
Income statement
Statement of stockholders’ equity
Answers
It should be noted that the statements which includes a line described as net income is income statement .
What is an income statement ?An income statement can be regarded as the financial statement which display company's income and expenditures.
This statement can display how the company is performing, whether it's making profit or loss for a given period.
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Mazu Mavuso is a 43-year-old South African resident who was employed by Veg & Fruit Limited, a South African company, until 30 November 2022. On 30 November 2022, Veg & Fruit Limited ceased its operations and the pension fund that Veg & Fruit Limited established for its employees also closed down. The Veg & Fruit Limited pension fund paid out R80 000 to Mazu Mavuso during the 2023 year of assessment. All Mazu Mavuso's pension fund contributions have been deducted in the determination of his taxable Income. Mazu Mavuso also decided to join a retirement annuity fund, to which he made a total contribution of R7 000 during the 2023 year of assessment. For the 2023 year of assessment, Mazu Mavuzo's receipts and expenses were as follow: Salary Director's fees earned Local dividends from South African companies Local interest from a non 'tax free investment' Pension fund contributions at 6.5% of his salary Retirement annuity fund contributions Qualifying medical expenses paid Donation to a qualifying section 18A Public Benefit Organisation R 720 000 110 000 45 000 24 500 ? 7 000 61 630 6 000 Calculate Mazu Mavuso’s taxable income for the 2023 year of assessment. (25 marks) 1.2) Calculate Mazu Mavuso’s total normal tax liability for the 2023 year of assessment. Assume that Mazu Mavuso had a taxable income of: • R770 900 before any retirement fund lump sum withdrawal benefits. • R843 900 after any retirement fund lump sum withdrawal benefits. (17 marks) Competency Framework Reference: E1.2 Interpretation of tax legislation b) Demonstrate the ability to apply the principles of tax interpretation to any new or unfamiliar tax legislation. E1.3 Application of tax legislation to calculate tax obligation a) Analyse the taxpayer’s tax profile. c) Apply the relevant law to the facts, determine the tax position and compute the tax payable (VAT or normal tax) for individuals and companies.
Answers
Explanation:
to calculated this question to solve
The following computer printout was generated, using regression, for use in estimating overhead costs.
Intercept
5700
X Variable 1
45
Multiple R
0.3000
R Square
0.0900
Activity variable
Direct labour hours
An estimate of costs at an activity level of 100 direct labour hours would be:
Select one:
a.
$12,000
b.
$11,400
c.
$10,200
d.
None of these
e.
$10,600
Answers
An estimate of costs at an activity level of 100 direct labor hours would be: c.$10,200.
Estimate of costs at an activity levelTotal cost = Total fixed cost + Total variable cost
Estimated cost =$5,700 + $45x
Let x represent direct labor hours
Hence:
Estimated cost=$5,700+$45(100)
Estimated cost=$5,700+$4,500
Estimated cost=$10,200
Inconclusion an estimate costs at an activity level of 100 direct labor hours would be: c.$10,200.
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Barry is the branch manager of a large toy store. He has been given the responsibility to communicate with, coach, and motivate supervising managers. In this scenario, Barry most likely requires _____ to perform his role efficiently.
1. Human skills
2. Conceptual skills
3. Technical skills
4. Cognitive skills
Answers
Answer:
Human Skills
Explanation:
12. Suppose the demand and supply functions for Gob3 Special are given as;
3P-100-Qx
-2p=20-Qx
a) Represent the functions above graphically
b) At what price is the quantity consumer wish to buy equal to the quantity
producers wish to suppy
c) Find the equilibrium quantity
d) If a price ceiling of Ghs12.00 is imposed, what will be the shortage in the
market? Graph your answer.
e) If minimum price of Ghs20.00 is set, what would you expect to happen in
the market? Graph your answer.
13. If the demand for Banku and Okro is given by Qd = 236-20P and the supply
ction is Qs = 88 + 40P. If the government impose a per unit tax of 1.05, what is the
a) Old and New equilibrium price and quantity
b) The tax revenue to the government after imposing the tax
Answers
Gob3 Special's supply and demand functions may be represented graphically as intersecting lines. The price at which supply and consumer demand are equal is in equilibrium is $30.
What is the equation describing how supply and demand work?Assume that the market supply function is generated as in Leibniz 8.4 and the market demand function is Q=QD(P). The supply curve tells us the entire amount of an item that sellers are willing to offer at each price, whereas the demand curve shows the total amount of a good that buyers in the market desire at each price.
The tax income received by the government following the imposition of the tax, and b) the Old and New Equilibrium Price and Quantity?With 138.75 units and a tax rate of 1.05 per unit, the new equilibrium price is $6.75. In the previous equilibrium, 115 units were purchased at a price of $7.50. b) After collecting the tax, the government receives $145.69 in income.
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The national identities of products are blurring due to the effect of furloughing,nearshoring, or downsizing
Answers
Due to globalization's effects on downsizing, nearshoring, and furloughing, the national identities of products are becoming less distinct.
What makes globalization so crucial?The movement of goods, technologies, information, and jobs between countries is referred to as globalization. Globalization gives businesses in industrialized countries a competitive advantage. Globalization also benefits developing nations since they often have a lower cost of living, which attracts employment.
What three forms of globalization are there?globalization of the economy. The coordination of financial trade and the integration of global financial markets are the main topics here.
globalization of politics.
a globalization of culture.
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QUESTION 7 / 10
Which of the following is the BEST reason to use cash for making purchases?
A. Knowing what you have spent your money on is
simple.
B. Getting more cash from an ATM machine is easy to do.
C. Splitting bills with friends is easier.
D. Keeping track of how much you have spent is simple.
Answers
microeconomics definition of economics cost
Answers
In microeconomics, the concept of economic cost refers to the total value of resources, both explicit and implicit, that are sacrificed or foregone in order to produce a particular good or service.
It goes beyond the monetary expenses and includes the opportunity cost of using resources in one way instead of their next best alternative use. Economic cost comprises two main components:
Explicit Costs: These are the actual out-of-pocket expenses incurred in the production process. They include the cost of labor, raw materials, rent, utilities, and any other direct payments made to suppliers or factors of production. Explicit costs are tangible and measurable in monetary terms.
Implicit Costs: These represent the opportunity cost of utilizing resources in a specific production activity. Implicit costs are the benefits or values associated with the next best alternative that is forgone when resources are allocated to a particular use. They often involve the use of self-owned resources or factors of production, such as the foregone income from not working at another job or the foregone rental income from not leasing out a property.
To calculate the economic cost of production, both explicit and implicit costs need to be taken into account. By considering the full range of costs, economists aim to capture the true economic impact of a decision or an activity, providing a more comprehensive understanding of the costs involved in the production process.
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