The Machining Department supervisor has been very pleased with this performance because actual expenditures for January–March have been less than the monthly static budget of $335,000. However, the plant manager believes that the budget should not remain fixed for every month but should "flex" or adjust to the volume of work that is produced in the Machining Department. Additional budget information for the Machining Department is as follows:
Wages per hour $15.00
Utility cost per direct labor hour $1.20
Direct labor hours per unit 0.75
Planned monthly unit production 100,000
Prepare a flexible budget for the actual units produced for January, February, and March in the Machining Department. Assume depreciation is a fixed cost. If required, use per unit amounts carried out to two decimal places. Enter all amounts as positive numbers.

Answers

Answer 1

Answer:

The total units produced are as follows:

January: 90000 units

February: 100000 units

March: 110000 units

Explanation:

The total units produced are as follows:

January: 90000 units

February: 100000 units

March: 110000 units

Wages for each month are calculated as:

January: Wages = (Units * Direct labor hours per unit) + (hours * wages per hour) = (90000*$0.75) + (22500*$15) = $405000

February: Wages = (Units * Direct labor hours per unit) + (hours * wages per hour) = (100000*$0.75) + (25000*$15) = $450000

March: Wages = (Units * Direct labor hours per unit) + (hours * wages per hour) = (110000*$0.75) + (27500*$15) = $495000

Utilities for each month is:

January: Utility: = (hours * Utility cost per direct labor hour) = 22500 * 1.20 = $27000

February: Utility: = (hours * Utility cost per direct labor hour) = 25000 * 1.20 = $30000

March: Utility: = (hours * Utility cost per direct labor hour) = 27500 * 1.20 = $33000

Since depreciation is fixed and do not flex it is the same for all the months at $60000

The total for each month is:

January: Total = Wages + Utilities + depreciation = $405000 + $27000 + $60000 = $492000

February: Total = Wages + Utilities + depreciation = $450000 + $30000 + $60000 = $540000

March: Total = Wages + Utilities + depreciation = $495000 + $33000 + $60000 = $588000

The Machining Department Supervisor Has Been Very Pleased With This Performance Because Actual Expenditures

Related Questions

Uganda is a very poor country. Qatar is much smaller geographically and has far fewer people, but it is roughly 70 times richer in terms of per capita GDP. Supposing the following statements are true, which one might explain why Uganda is a little closer to Qatar in terms of standard of living than the official statistics suggest?

a. Health standards in Singapore exceed those in Haiti.
b. Singapore is much more livable in terms of pollution than Haiti.
c. There is more underground market activity in Singapore than in Haiti.
d. Haiti has more nonmarket production than Singapore.

Answers

Answer:

D. Haiti has more nonmarket production than Singapore.

Explanation:

Here is the full question :

ee Hint Haiti is a very poor country. Singapore is much smaller geographically and has far fewer people, but it is roughly 70 times richer in terms of per capita GDP. Supposing the following statements are true, which one might explain why Haiti is a little closer to Singapore in terms of standard of living than the official statistics suggest? Choose one: O A Health standards in Singapore exceed those in Haiti. O B. Singapore is much more livable in terms of pollution than Haiti. OC. There is more underground market activity in Singapore than in Haiti. O D. Haiti has more nonmarket production than Singapore.

Per capita GDP = GDP / population

If Haiti has more non market activities, the bulk of its economic activities would not be captured in the GDP. This would lead to Haiti having a smaller GDP than Singapore

practice setting goals for various aspects of your personal life such as academics career preparation family hobbie. set at least two short term goals and at least two Long term goals for each area for these goals that you have set write out plans for achieving those goals.think in terms of what you will have to do to accomplish each

Answers

Certainly, setting goals is an essential practice to achieve success and satisfaction in various aspects of personal life.

Academics:

Short-term goals:

Attend all classes and complete assignments on time.Improve my grade in a specific course by studying regularly. Plan to achieve short-term goals:

Create a daily study schedule and allocate time for reading, writing, and reviewing notes.Seek help from a tutor or professor for difficult concepts.

Long-term goals: Achieve a high GPA to qualify for graduate school. Get accepted into my desired graduate program. Plan to achieve long-term goals: Take challenging courses and attend workshops or seminars to improve academic skills.Research graduate programs and their admission requirements, and prepare for standardized tests if necessary.

Career Preparation:

Short-term goals: Update my resume and cover letter for job applications.Attend a networking event and meet new people in my industry. Plan to achieve short-term goals:Research the latest trends in resume and cover letter writing, and tailor them to specific job applications. Prepare a pitch and networking strategy in advance.

Long-term goals:

Secure a job in my preferred industry and position. Develop new skills and advance in my career.Plan to achieve long-term goals:Attend career fairs, conferences, and other industry events to network and learn about job opportunities.Take online courses or certifications to acquire new skills and knowledge.Seek mentorship or coaching from experienced professionals.

Family:

Short-term goals:Plan a weekend outing with my family.Call or video with a family member living in a different city or country.Plan to achieve short-term goals: Discuss with family members and decide on a fun activity that everyone can enjoy.Schedule a specific time for calling or video chatting, and set reminders if necessary.

Long-term goals:

Spend more quality time with family on a regular basis.Plan and save for a family vacation in the next year.Plan to achieve long-term goals:Create a family calendar or schedule to plan and prioritize events and activities.Set aside a specific amount of money each month for family vacations or other activities.

Hobbies:

Short-term goals:

Practice a new hobby for at least one hour each day.Learn a new technique or skill in my hobby.Plan to achieve short-term goals:Schedule a specific time each day for practicing or learning, and avoid distractions. Research online tutorials or courses, and follow step-by-step instructions.

Long-term goals:

Master a specific hobby and showcase my work publicly.Incorporate my hobby into my career or business.Plan to achieve long-term goals:Attend workshops or conferences to learn from experts and connect with like-minded individuals.Create a portfolio or online gallery to showcase my best work and promote my hobby.

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Scheduling personnel is an example of an operations management:
A. mission implementation
B. operational decision
C. organizational strategy
D. functional strategy
E. tactical decision

Answers

Answer:

B. operational decision

Explanation:

Scheduling personnel is an example of an operations management:  operational decision

Scheduling personnel represents an example of an operations management of an operational decision.

The following information should be considered:

The staff-level decisions should be made from the lower level to the hierarchy level.Many decisions should be taken at many hierarchy levels.In this, the authority is present for taking the decisions.The lower level should take the decisions with respect to the employees.

Therefore the other options are incorrect.

Hence we can conclude that scheduling personnel represents an example of an operations management of an operational decision.

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Consider a firm redesigning its logistics network. What are the advantages of having a small number of centrally located warehouses? What are the advantages of having a larger number of warehouses closer to the end customers?

Answers

Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.

Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:

Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.

Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.

Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.

Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.

On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:

Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.

Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.

Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.

Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.

In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.

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¿In two to three sentences, explain why it is important to have insurance.?

Answers

Answer:

Explanation:

Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.

According to the chief executive officers of U.S. corporations, which of the following is a major challenge that managers must overcome to remain competitive?
a. Globalizing their firm's operations
b. Managing personal finances
c. Managing a uniform workforce
d. Anticipating changes in foreign currency valuations

Answers

According to the chief executive officers of U.S. corporations  Globalizing their firm's operations  is a major challenge that managers must overcome to remain competitive. Option A

A major challenge that managers must overcome to remain competitive

The increasing globalization of business has made it necessary for companies to expand their operations into new markets and to compete with companies from all over the world.

To remain competitive, managers must develop strategies that allow their firms to adapt to global market conditions and to take advantage of opportunities that arise in different parts of the world. This includes developing international supply chains, managing cross-cultural teams, and navigating complex legal and regulatory environments in different countries.

Globalizing their firm's operations is a major challenge that managers must overcome to remain competitive according to the chief executive officers of U.S. corporations.

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How does low unemployment affect international trade?

Answers

Answer:

Impact of international trade on unemployment

In a relatively skill-abundant country, international trade increases the relative price of the skill-intensive products. This reduces the unemployment rate of skilled workers and increases the unemployment rate of unskilled workers.

Explanation:

With perfect price discrimination, the marginal revenue curve
A) is equal to the demand curve.
B) is below the demand curve. C) is above the demand curve.
D) is horizontal.

Answers

Answer: b

Explanation: Because the monopolist must lower the price on all units in order to sell additional units, marginal revenue is less than price. Because marginal revenue is less than price, the marginal revenue curve will lie below the demand curve.

If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent​

Answers

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

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9) Which of the following statements is an example of the behavioral component of an attitude? A) I have decided to apply for the position of a campaigner in the climate department. B) I am thrilled to know that the human resource department is looking for a climate campaigner. C) The position of a climate campaigner is challenging and interesting. D) The position of a climate campaigner will allow me to explore my skills as a campaigner. E) I think the position of a climate campaigner involves extensive travel.

Answers

Answer: A) I have decided to apply for the position of a campaigner in the climate department.

Explanation:

economics
Which of the following is LEAST likely to be a cause of long-term secular slowness in increases in U.S. labor productivity? (a) transition of the economy increasingly toward services and away from manufacturing; (b) falling levels of the capital to labor ratio; (c) deglobalization and the shift of production from places outside the U.S. to places within the U.S.; (d) tighter labor markets and the infusion of more and more workers with below-average skills.

Answers

Answer:

(c) deglobalization and the shift of production from places outside the U.S. to places within the U.S.

Explanation:

The secular aspect of a trend is the main driver of that trend, and the secular aspect of the slowness in increases in U.S. labor productivity is not deglobalization and the shift of production from outside the U.S. to inside the U.S., since what has been happening in the latest decades is exactly the opposite.

Globalization has led many U.S. jobs, specially in manufacturing, to be shipped away from the country to other places where labor costs are cheaper, like China, Vietnam and Malasya.

Direct Materials and Direct Labor Variance Analysis
Jericho Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 45 employees. Each employee presently provides 38 hours of labor per week. Information about a production week is as follows:
Line Item Description Value
Standard number of lbs. of brass 0.4 lb.
Standard price per lb. of brass $0.80
Standard wage per hr. $21.00
Standard labor time per faucet 15 min.
Actual price per lb. of brass $0.90
Actual lbs. of brass used during the week 4,500 lbs.
Number of faucets produced during the week 10,000
Actual wage per hr. $22.00
Actual hrs. for the week (45 employees × 38 hours) 1,710

Determine the below-listed variances while showing work with corresponding formulas.

1. Standard cost per unit for direct materials
2. Standard cost per unit for direct labor
3. Direct Material price variance
4. Direct Material quantity variance
5. Direct Labor rate variance
6. Direct Labor time variance

Answers

1. Standard cost per unit for direct materials:

Standard cost per unit = Standard price per lb. of brass x Standard number of lbs. of brass
Standard cost per unit = $0.80 x 0.4 = $0.32

Therefore, the standard cost per unit for direct materials is $0.32.

2. Standard cost per unit for direct labor:

First, we need to calculate the standard labor cost per faucet:

Standard labor cost per faucet = (Standard wage per hr. / 60) x Standard labor time per faucet
Standard labor cost per faucet = ($21.00 / 60) x 15 = $5.25

Then, we can calculate the standard cost per unit for direct labor:

Standard cost per unit = Standard labor cost per faucet / Number of faucets produced
Standard cost per unit = $5.25 / 10,000 = $0.000525

Therefore, the standard cost per unit for direct labor is $0.000525.

3. Direct Material price variance:

Direct material price variance = (Actual price per lb. of brass - Standard price per lb. of brass) x Actual lbs. of brass used during the week
Direct material price variance = ($0.90 - $0.80) x 4,500 lbs. = $4,500

Therefore, the direct material price variance is $4,500.

4. Direct Material quantity variance:

Direct material quantity variance = (Actual lbs. of brass used during the week - Standard number of lbs. of brass per unit x Number of units produced) x Standard price per lb. of brass
Direct material quantity variance = (4,500 lbs. - 0.4 lb. x 10,000) x $0.80 = $1,600

Therefore, the direct material quantity variance is $1,600.

5. Direct Labor rate variance:

Direct labor rate variance = (Actual wage per hr. - Standard wage per hr.) x Actual hrs. for the week
Direct labor rate variance = ($22.00 - $21.00) x 1,710 = $1,710

Therefore, the direct labor rate variance is $1,710.

6. Direct Labor time variance:

Direct labor time variance = (Actual hrs. for the week - Standard labor time per unit x Number of units produced) x Standard wage per hr.
Direct labor time variance = (1,710 - 15 / 60 x 10,000) x $21.00 = $3,150

Therefore, the direct labor time variance is $3,150.

Question: SANDHILL CO. Balance Sheet Assets Cash $29,100 Supplies (a) Equipment (net) 61,000 Total assets $...

Answers

Answer:

Supplies and total assets is $6,800 and $96,900

Explanation:

The computation of the total asset is

= Cash + supplies + equipment

= $29,100 + supplies + $61,000

= $29,100 + $6,800 + $61,000

= $96,900

For total assets we have to determine the total of liabilities and equity i.e.

= Note payable + common stock + retained earnings

= $23,900 +  36,600 + $36,400

= $96,900

Question: SANDHILL CO. Balance Sheet Assets Cash $29,100 Supplies (a) Equipment (net) 61,000 Total assets
Question: SANDHILL CO. Balance Sheet Assets Cash $29,100 Supplies (a) Equipment (net) 61,000 Total assets

The heat from warm river waters draining into the Arctic Ocean is contributing to the melting of Arctic sea ice each summer, a new NASA study finds. the summer of 2012. They observed a sudden influx of warm river waters into the sea that rapidly warmed the surface layers of the ocean, enhancing the melting of sea ice. A paper describing the study is now published online in the journal Geophysical Research Letters.

—"Warm Rivers Play Role in Arctic Sea Ice Melt,"
NASA
Which details should be included in a summary about the passage?

A research team led by Son Nghiem of NASA's Jet Propulsion Laboratory in Pasadena, Calif., used satellite data to measure the surface temperature of the waters discharging from a Canadian river into the icy Beaufort Sea during
Check all that apply. Warm water is melting the Arctic Sea ice. The research team is led by Son Nghiem. The sudden flow of warm waters into the sea are rapidly warming the ocean's surface. A paper describing the study can be found online. The journal is called Geophysical Research Letters.

Answers

Answer:

a and c

Explanation:

at at each vs the project risk analysis and management program should produce

Answers

At each phase, the project risk analysis and management program should produce  Deliverables.

Option C is correct.

In project management, what exactly is project risk analysis?

Risk analysis looks at how the impact of a risk event might change the project's outcomes and goals. After risks are identified, they are examined to determine their qualitative and quantitative impact on the project, enabling appropriate mitigation measures to be taken.

Risk analysis looks at how the impact of a risk event might change the project's outcomes and goals. After risks are identified, they are examined to determine their qualitative and quantitative impact on the project, enabling appropriate mitigation measures to be taken.

Incomplete question :

At each phase, the project risk analysis and management program should produce:

A) Alternatives.

B) A budget.

C) Deliverables.

D) Meetings.

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MCQS
(i) Compensation of employees includes ________.
(a) wages, salaries, fringe benefits, Social Security contributions, and health and pension plans
(b) wages, salaries and taxes
(c) wages, salaries taxes and zakat
(d) non of the above
(ii) The difference between the income received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by nonresidents in the domestic territory of a country is known as-------
(a) Net Factor Income from Abroad
(b) Capital Consumption Allowances
(c) Depreciation
(d) None of these
(iii) Suppose that in year 1 an economy produces 75 unit of apple that sell for $5 each and 100 mobile that sell for $6 each. The next year the economy produces 110 apple that sell for $3.75 each and 80 mobile that sell for $5 each. The real GDP is
(a) 812.5
(b) 975
(c) 1030
(d) 980

(iv) What of the following does NOT enter GDP?
(a) Public Service
(b) Public education
(c) Life Expectancy
(d) National Defence

(v) The sum of all kinds of income received by the individuals from all sources is called---------
(a) Personal Income
(b) Private Income
(c) Personal Disposable Income
(d) None

Answers

Answer:

MCQS

(i) Compensation of employees includes ________.

(a) wages, salaries, fringe benefits, Social Security contributions, and health and pension plans .

(ii) The difference between the income received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by nonresidents in the domestic territory of a country is known as-------

(a) Net Factor Income from Abroad .

(iii) Suppose that in year 1 an economy produces 75 unit of apple that sell for $5 each and 100 mobile that sell for $6 each. The next year the economy produces 110 apple that sell for $3.75 each and 80 mobile that sell for $5 each. The real GDP is

(c) 1030 .

(iv) What of the following does NOT enter GDP?

(c) Life Expectancy.

(v) The sum of all kinds of income received by the individuals from all sources is called---------

(a) Personal Income.

Explanation:

1) Employee Compensation includes the salaries, wages, benefits, and other incentives paid to employees in exchange for their services to the company.

3) The Net factor income from abroad is the difference between the factor income earned from abroad by normal US residents and the factor income earned by non-residents (foreigners) in the US domestic territory.

4) The real GDP is the gross domestic product adjusted for the effect of inflation on prices.  The real GDP for year 2 should be based on the prices of year 1 and is calculated as follows (110 * 5 + 80 * 6 = 1030).

5) Personal income is the sum of all kinds of income received by the individuals from all sources.  It is used in the calculation of the US GDP.  It is a subset of private income.  Private income, which is broader than personal income, consists of personal income, profit tax, and undistributed profit.

Requirements to be researched and listed in the portion of your business plan is called

Answers

The portion of a business plan where requirements are researched and listed is typically called the "Operations Plan" or "Operating Plan."

What is Operation Plan?

An operations plan is a detailed document that outlines how a business will operate on a day-to-day basis to achieve its goals. It includes information on the processes, procedures, and resources required to produce and deliver products or services to customers.

An operations plan typically covers several key areas, such as production, procurement, inventory management, quality control, human resources, and facilities management. It provides a roadmap for how a business will function and achieve its objectives, including identifying potential challenges and developing strategies for addressing them.

An effective operations plan can help businesses improve efficiency, reduce costs, and enhance quality, while ensuring that they are well-prepared to meet the needs of their customers.

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complete question:

"What is the term used to describe the requirements that need to be researched and listed in the portion of your business plan?"

When the economy is doing well, the financial market is also guaranteed to do well.
True
False

Answers

False I’m just guessing
The state of the kind of be alone can predict have the financial market will perform. Even if the economy is declining the financial market can still do well.

Please give me brainliest!

Answer the questions beneath the attached document

Answers

According to the information provided in the Pottermania Case Study, the three major challenges with the supply chain of Amazon were:

There was the issue of the delayed release of the title of the book making the logistics with regard to update of webpages difficult;There were also issues with the release date. Although FedEx agreed to ship, it was all the more difficult because it was on a Saturday;Amazon's Information Systems team faced the most difficult hurdle of all. Because the orders were received in some cases months in advance, each customer's data had to be validated and saved for future shipping.

As an expert in the electronic supply chain, what information system can solve the challenges explained above?

Information Technology combines numerous supply chain procedures carried out by diverse firms. It accelerates corporate operations and eliminates bottlenecks. Companies, particularly in manufacturing, are getting closer to attaining on-time procurement, shorter inventory, and improved efficiency.

For example, with an IT System in the above scenario, customer data would have been validated at the point of order. Hence removing the biggest problem that Amazon's IT system faced at the time.

At the time, a push system was the only model that would have felt most comfortable for the supply chain players. However, with the integration of IT, a pull system becomes not only feasible but normal. Recall that IT also made E-Books possible.

A pull system starts production in response to current demand, whereas a push system starts output in anticipation of future demand. Production in a pull system is driven by real requests for completed items, whereas production in a push system is launched irrespective of demands.

The bullwhip effect is a supply chain occurrence that describes how modest swings in retail demand can induce increasingly bigger fluctuations in wholesale, distributor, manufacturer, and raw material supplier demand. The effect is called from the mechanics of whip cracking.

This effect occurs due to a lack of access to a helicopter view information of the market. With advancements in technology, this can be tackled if, using IT, the key players in the chain utilize the pull system.

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On this graph, what does the green arrow represent?

On this graph, what does the green arrow represent?

Answers

Answer:D

Explanation:

Which of the following would be considered residential transactions please select all that apply

Answers

Answer:

is the reduces of an Insurance

Explanation:

there have been several complaint about the increase in the number of teenage hawkers in the street. write a letter to the editor of national newspaper discussing the problem suggesting solution

What is the difference between marginal cost and marginal revenue?

a. Marginal cost is the money earned from selling one more unit of a good. Marginal revenue is the money paid for producing one more unit of a good.

b.Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good.

c. Marginal cost is the money a producer might make from one more unit. Marginal revenue is the money a producer actually makes from one more unit. Marginal cost is the money a producer actually makes from one more unit.

e. Marginal revenue is the money a producer might make from one more unit.

Answers

Option b. The existing difference that can be found between marginal cost and revenue is that Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good.

What is marginal cost?

The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and eventually profits by calculating the marginal cost.

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.

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The reserve requirement is 15 percent. Lucy deposits $600 into a bank. By how much do excess reserves change

Answers

Answer:

$510

Explanation:

Calculation for By how much do excess reserves change

Using this formula

Change in excess reserve= Bank Deposits-(Reserve requirement*Deposit)

Let plug in the formula

Change in excess reserve=$600-($600*15%)

Change in excess reserve=$600-$90

Change in excess reserve=$510

Therefore By how much do excess reserves change is $510

Africanisation (how will you incorporate the learners culture or heritage into the contemporary socio-economic issues lesson

Answers

By incorporating culturally relevant examples, guest speakers, local data, cross-cultural comparisons, a multilingual approach, and artistic expressions, we can incorporate learners' culture or heritage into the contemporary socio-economic issues lesson.

To incorporate the learners' culture or heritage into a contemporary socio-economic issues lesson, it is important to create a culturally responsive and inclusive learning environment that recognizes and values the African context. Here are some strategies to achieve this:

Culturally Relevant Examples: Use examples and case studies from African countries or communities that relate to the socio-economic issues being discussed. This helps students connect with the content on a personal and cultural level, fostering engagement and understanding.

Guest Speakers and Community Involvement: Invite guest speakers from diverse African backgrounds who can share their experiences and perspectives on the socio-economic issues being studied. This provides authentic and firsthand insights into how these issues manifest in different African contexts.

Local Data and Research: Incorporate local data and research from African sources to illustrate the impact of socio-economic issues. This helps students see the relevance of these issues within their own communities and promotes a sense of ownership and empowerment.

Cross-Cultural Comparisons: Encourage students to explore and compare socio-economic issues between African countries, as well as with other regions of the world. This broadens their perspective, promotes critical thinking, and encourages understanding of global interconnections.

Multilingual Approach: Recognize and embrace the diversity of languages spoken by students. Incorporate key terms, discussions, and resources in various African languages, ensuring that students can engage with the content in their native languages and feel valued.

Art, Music, and Literature: Incorporate African art, music, and literature that address socio-economic issues. This helps students explore these topics through creative expressions that resonate with their cultural heritage.

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The percent yield of product is calculated by:________.
a. percent yield graphic
b. percent yield graphic
c. percent yield graphic

Answers

Answer:

percent yield graphic

Explanation:

Percent yield defines that it is the ratio of the percentage of actual yield to the yield of theoretical.

To compute the percent yield of the product we simply divided the actual yield by yield of theoretical and after the result we do the multiply with 100 to get the result in percentage form. In this case,, if we found that actual and theoretical yield is similar then the percentage of yield will be 100 percent.

Determine the total expenses based on the following data

assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000

Answers

From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.

To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.

Assets = $72,000

Owner's Equity = $70,000

Liabilities = $16,000

Using the accounting equation, we can calculate the total expenses by rearranging the equation:

Expenses = Assets - Liabilities - Owner's Equity

Expenses = $72,000 - $16,000 - $70,000

Expenses = $-14,000

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Governments promote and regulate natural monopolies in order to:

Answers

Answer:

Prevent excess prices.

Explanation:

Your welcome!

Q1:
List below is selected financial data from the 2019 accountuing records for PSO
Cost of goods manufactured
Required:
Ending finished goods inventory
Sales
Beginning finished goods inventory
Selling and administrative expenses
Prepare an income statement for 2019.
Rs. 366,000
66,0000
612,000
54,000
126,000

Q1:List below is selected financial data from the 2019 accountuing records for PSOCost of goods manufacturedRequired:Ending

Answers

The income statement for PSO for the year 2019 would be as follows:

Sales Revenue: Rs. 612,000

Cost of Goods Sold (COGS): Rs. -192,000

Gross Profit: Rs. 804,000

Selling and Administrative Expenses: Rs. 126,000

Net Profit: Rs. 678,000

How did we arrive at these values?

To prepare an income statement for 2019 using the provided financial data, we need to calculate the cost of goods sold (COGS) and deduct it from the sales revenue. Here's the calculation:

1. Calculate the cost of goods sold (COGS):

COGS = Cost of goods manufactured + Beginning finished goods inventory - Ending finished goods inventory

COGS = Rs. 366,000 + Rs. 54,000 - Rs. 612,000

COGS = Rs. (366,000 + 54,000 - 612,000)

COGS = Rs. (420,000 - 612,000)

COGS = Rs. -192,000 (negative value indicates a loss)

2. Calculate the gross profit:

Gross Profit = Sales - COGS

Gross Profit = Rs. 612,000 - Rs. (-192,000)

Gross Profit = Rs. (612,000 + 192,000)

Gross Profit = Rs. 804,000

3. Calculate the net profit (or loss) by deducting selling and administrative expenses from the gross profit:

Net Profit = Gross Profit - Selling and administrative expenses

Net Profit = Rs. 804,000 - Rs. 126,000

Net Profit = Rs. 678,000

Based on the provided financial data, the income statement for PSO for the year 2019 would be as follows:

PSO Income Statement for the Year 2019

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

Sales Revenue: Rs. 612,000

Cost of Goods Sold (COGS): Rs. -192,000

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

Gross Profit: Rs. 804,000

Selling and Administrative Expenses: Rs. 126,000

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

Net Profit: Rs. 678,000

The negative value for COGS indicates a loss. It's important to review the calculations and ensure the accuracy of the provided financial data to confirm the negative value is correct.

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Say that bianca has take-home pay of $800, she budgets every cent out at the start of the month, and she then she needs less gas money than expected in august. She no longer spends the full $65 she budgeted there. What should she do with the leftover?.

Answers

The leftover amount in any budget is better to invest than to save as investment gives higher returns.

What it means to invest is to make a current financial commitment in the hopes of future growth. The use of capital—such as time, money, effort, etc.—with the hope of receiving a return higher interest than the initial investment is known as investing. Due to their utility in producing future income, bonds, equities, real estate, and alternative assets are all regarded as investments. The market rate of interest has a significant influence on the decisions that manufacturers make on investments, including whether to purchase new machinery. But, for the sake of simplicity, we assume that enterprises intend to invest the same sum each year.

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You and 11 coworkers just won ​$16 million ​($ ​1,333,333,33 each) from the state lottery. what is the present value of your prize before taxes if you request the​ 'up-front cash'​ option?
The present value of your prize before taxes if you request the​ 'up-front cash' option is ​$. ​

Answers

Based on the amount that you won and the return earned by the state lottery, the present value of the "up-front cash" is $715,450.96

What is the present value?

Over 17 years, the amount per year is:

= 1,333,333.33 / 7

= $78,431.37

This amount is the same every year so the present value will be that of an annuity.

The present value is:

= Annuity amount x present value interest factor of annuity, 17 years, 8%

= 78,431.37 x 9.122

= $715,451.96

Missing part of question:

Assuming you cach receive your share over 17 years and that the state lottery earns a 8 percent retum on its funds,

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