Answer:
1. $ 60.00 per machine hour
2. A = $400,000 B= $30,000 , $50,000 , $350,000 (respectively)
3. Most preferred is A , because the full over/ under allocation is accounted for in the income statement.
Explanation:
Budgeted manufacturing overhead rate = Budgeted Overheads / Budgeted Activity
= $4,800,000 / 80,000
= $ 60.00 per machine hour
Over-allocation = Actual Manufacturing Overheads < Applied Manufacturing Overheads
Under-allocation = Actual Manufacturing Overheads > Applied Manufacturing Overheads
thus,
Applied Manufacturing Overheads = Actual Activity × Budgeted manufacturing overhead rate
= 75,000 machine hours × $ 60.00
= $4,500,000
therefore,
Actual Manufacturing Overheads = $4,900,000
Applied Manufacturing Overheads = $4,500,000
conclusion :
Actual Manufacturing Overheads : $4,900,000 > Applied Manufacturing Overheads : $4,500,000
We have an under-allocation situation
Amount of under-allocated overheads = $4,900,000 - $4,500,000 = $400,000
A. Cost written off to cost of goods sold is $400,000
B.
Inventory Category Total Weight Cost Allocation
work-in-process control, $750,000 7.50% $30,000
finished goods control and $1,250,000 12.50% $50,000
costs of goods sold $8,000,000 80.00% $320,000
Total $10,000,000 100.00% $400,000
3. Most preferred is A , because the full over/ under allocation is accounted for in the income statement.
PLEASE HELP ILL GIVE BRAINLIEST ANSWER
James works as a distribution manager at a very large port. He oversees the storage of shipping containers that have been offloaded from large carriers and directs which trucking company will take the containers further along their path to the consumer. The pathway in the Transportation and Logistics cluster that James’s job falls into is _____.
Facility & Mobile Equipment Maintenance
Logistics, Planning and Management Services
Transportation and Operations
Warehousing & Distribution Center Operations
doo u see abs?????????????????????????????
Answer:
nah and yah
Explanation:
Answer:
. . . im scared. . .
Explanation:
A company has sales of $380,400 and its gross profit is $159,900. Its cost of goods sold equals:_________.
Answer:
The cost of goods sold of the company equals $220,500.
Explanation:
Cost of goods sold can be described as the carrying value of goods that a firm sold during a particular period.
Depending on the available data, cost of goods sold can be calculated using any of the following 2 formulas:
1. Cost of good sold = Beginning inventories + Purchases - Ending inventories
2. Cost of goods sold = Sales - Gross profit
Note that the second formula is derived from the gross profit formula (i.e. Gross profit = Sales - Cost of goods sold).
Since we are given sales of $380,400 and gross profit of $159,900, we then use the second formula as follows:
Cost of good sold = $380,400 - $159,900 = $220,500
Therefore, the cost of goods sold of the company equals $220,500.
differences between home trade and international trade
what contributes to an empolyee's self worth which in turn increases productivity and reduces absenteeism
Answer:
The factors that contribute to an employee's self-worth is thought to be linked to employees productivity, motivation, performance, job satisfaction, emotional stability, effective stress and conflict management.
Explanation:
The productivity of an employee, a business or an economy can be calculated based on its performance and efficiency. When we measure labour productivity, we compare a given output with the amount of labour required for that output.
On the other hand, Absenteeism is the behaviour of a person who is often absent when he should be present.
The concept of an employee's self-worth is being recognized for its vital role both in terms of identity formation and in adaptive terms. However, factors that contribute to an employee's self-worth is thought to be linked to employees productivity, motivation, performance, job satisfaction, emotional stability, effective stress and conflict management.
16. The following actions could help to improve energy usage in an organisation: (Please tick the correct answers) 1. Use energy-efficient building materials for future projects, e.g. double glazing, better insulation, and natural sources for heating, cooling, lighting and airflow. 2. Encourage carpooling, public transport and riding or walking to work. 3. Increase ambient temperature in winter and decrease in summer, e.g. set air conditioning to 18°C instead of 22°C in summer. 4. Extend maintenance intervals. 5. Choose energy-efficient vehicles. 6. Establish a carbon offset program for travel or other activities.
Buildings account for 33% of greenhouse gas emissions and 40% of world energy demand. Our attempts to combat climate change will be largely dependent on how sustainable and energy-efficient new construction is.
Additionally, green buildings may benefit investors, businesses, and employees. These actions contribute to greater energy efficiency, lower pollution levels, and even fewer automobiles on the road. Carpooling has been shown in several studies to lower carbon dioxide emissions.
The tilt of the Earth's axis is the key factor. Many people think that the Earth's proximity to the sun during the summer and its distance during the winter is what causes temperature fluctuations. In actuality, the distance between the Earth and the sun is greatest in July and greatest in January.
Regular maintenance programs frequently start on predetermined time- and mileage-based intervals. By averting more significant and expensive problems, the goal of changing components and fluids on a regular maintenance plan is to save money over time.
With a rated energy consumption of 25 kWh per 100 miles, the rear-wheel-drive, standard-range Tesla Model 3 small car will be the most effective EV in 2022.
By funding carbon reduction initiatives, people or organizations, in this example airline passengers and business clients, can "neutralize" their share of an aircraft's carbon emissions for a certain flight.
To learn more about energy
https://brainly.com/question/1932868
#SPJ9
Blake doesn't much care about cars but is engaging in a substantial amount of information search about cars since he is about to buy a new car. In terms of involvement, Blake is Multiple Choice high in product involvement; low in purchase involvement. low in product involvement; low in purchase involvement. high in product involvement; high in purchase involvement. low in product involvement; high in purchase involvement. high in value-expressive involvement; low in product involvement.
Answer:
The answer "low in product involvement; high in purchase involvement".
Explanation:
In this question, Blake doesn't care a great deal about vehicles and is looking for something like a lot of information about cars when he's about to install a separate vehicle. Blake's involvement throughout the product is low; he is quite involved in purchasing because Low-involvement products were normally inexpensive, so if the customer makes an error by purchasing these they present a low risk. This same customer is related to excessive participation products if their fail, are complex, and are due to greater sticker prices. Somewhere in the middle of minimal participation products were falling.
Drop-down options are:
a) equal to 5, more than 5 and below 8
b) more than 5 and below 8, equal to 5
The equilibrium W is 5 and the equilibrium quantity will be 15.
How to calculate the equilibrium?It should be noted that the equilibrium will be calculated by setting the quantity supplied and demanded together.
From the information, it should be noted that the equilibrium quantity is given as:
Quantity supplied = Quantity demanded
3W = 40 - 5W
Collect the like terms
5W + 3W = 40
8W = 40
Divide
W = 40 / 8
W = 5
The equilibrium W is 5
Market demand and supply will be:
= 3W
= 3 × 5
= 15 units.
Learn more about equilibrium on:
brainly.com/question/517289
#SPJ1
Gambino Construction adds materials at the beginning of production and incurs conversion cost uniformly throughout manufacturing. Consider the data that follow. Units Beginning work in process 20,000 Started in August 60,000 Production completed 55,000 Ending work in process, 40% complete 25,000 Conversion cost in the beginning work-in-process inventory totaled $120,000, and August conversion cost totaled $270,000. Assuming use of the weighted-average method, which of the following choices correctly depicts the number of equivalent units for conversion cost and the conversion cost per equivalent unit?
Equivalent Mana 55.000 65 000 65.000 Conversion Cost Per Equivalent 491 6.00 60.000
Answer:
Conversion EUP = 65,000 units
Conversion cost per EUP = $6.00
Explanation:
Conversion EUP = Units completed + EUP Work in Process
EUP Work in process = % completed * ending WIP
= 40% * 25,000
= 10,000
Conversion EUP = 55,000 + 10,000
= 65,000 units
Conversion cost = Beginning conversion cost + August conversion cost
= 120,000 + 270,000
= $390,000
Conversion cost per unit = 390,000 / 65,000
= $6.00
Suppose the Australian supply of electricity is upward slopingas usual but the Australian demand for electricity is perfectlyinelastic. There are no externalities. The Australian governmentimposes a tax on electricity of $t per unit of electricity. How much better off or worse off is Australia after the tax has been imposed compared to before the tax? Use a supply and demand diagram for electricity in your explanation.
The tax has a negative effect on the welfare of Australians because the demand for electricity is perfectly inelastic, which means that consumers will pay more for the same amount of electricity, resulting in a decrease in consumer surplus, as well as a decrease in total surplus (the sum of consumer and producer surplus).
If the Australian supply of electricity is upward sloping and the demand for electricity is perfectly inelastic, this means that regardless of the price of electricity, consumers will continue to demand the same quantity of electricity.
When the government imposes a tax on electricity of $t per unit, the supply curve shifts upward by the amount of the tax, since suppliers will need to charge a higher price to cover the additional cost. This results in a new equilibrium price and quantity, where the price paid by consumers increases by the amount of the tax, while the price received by suppliers decreases by the amount of the tax.
Using a supply and demand diagram, we can see that the new equilibrium occurs at a higher price (P2) and lower quantity (Q2) than before the tax was imposed. The difference between the original price (P1) and the new price (P2) is equal to the tax per unit of electricity (t).
Overall, Australia will be worse off after the tax has been imposed compared to before the tax. The tax causes an increase in the price of electricity, which leads to a decrease in the quantity demanded by consumers. Since the demand for electricity is perfectly inelastic, this means that consumers will have to pay more for the same quantity of electricity, resulting in a decrease in consumer surplus. Additionally, the decrease in quantity demanded also leads to a decrease in total surplus (the combined value of consumer and producer surplus). Therefore, the tax has a negative impact on the welfare of Australians.
Learn more about welfare here
https://brainly.com/question/13953333
#SPJ11
"One of the best methods of developing an economy is to expand local
markets so that the local community has access to all the markets.'
Based on the statement above, explain what local govemment needs to do to
expand local markets,
(2/2) (4
Answer:
This kinda hard
Explanation:
I can’t do it
study five research papers published in 2019-2020 and analyze their conclusion.
Project manager Claire and her team need to minimize project risks. Help them match the step to minimize risk to what each step Involves.
Answer:
Determine which risks goes with prioritizing
Take into consideration goes with identifying
Relate to contingency goes with mitigating
and
Determine the likelihood goes with evaluating
Explanation:
I did the test and got it correct! Hope this helps :) For Edmentum/Plato
Answer:
Determine which risks >>> prioritizing risks
Take into consideration >>> identifying risks
Relate to contingency >>> mitigating risks
Determine the likelihood >>> evaluating risks
Explanation:
Correct on plato
The yield curve shows at any point in time Multiple Choice the relationship between the yield on a bond and the duration of the bond. the relationship between yield on a bond and the time to maturity on the bond. None of the options are correct. All of the options are correct. the relationship between the coupon rate on a bond and time to maturity of the bond.
Answer: the relationship between yield on a bond and the time to maturity on the bond.
Explanation:
The Yield curve is a very important tool in fixed income trading that relates the yields on bonds with similar credit quality to their years left to maturity on the bond.
This yield is very important as it can attempt to predict what future interest rates will look like due to the bonds maturing later showing different interest rates that are assumed to incorporate future risks. It is even used as a benchmark by banks to lend out money.
As more fax machines are produced, the opportunity cost of producing them
TIME REMAINING 56:28 Which of the following is an example of an equity investment? A. A loan B. A company bond C. A government bond D. A company's stock Please select the best answer from the choices provided A B C
An example of an equity investment is D. A company's stock
An equity investment is an investment in the ownership of a company or other entity, where the investor purchases a percentage of the company's shares. By doing so, the investor becomes a part-owner of the company, and as such, they may receive a portion of the company's profits through dividends or by selling their shares at a higher price.
Company stocks are the most common example of an equity investment. When an investor buys stocks, they are buying a portion of the ownership of that company, and therefore they are entitled to a share of the company's profits and assets. The value of a stock can increase or decrease based on the performance of the company and market conditions, making it a potentially high-risk but also high-reward investment. On the other hand, loans, company bonds, and government bonds are examples of debt investments, where the investor lends money to an entity in exchange for a fixed rate of return. Unlike equity investments, debt investments typically have a fixed interest rate and maturity date, and the investor does not own a portion of the company.
In summary, equity investments provide investors with an ownership stake in a company, while debt investments provide a fixed income stream. While equity investments can potentially offer higher returns, they also come with higher risks, and investors should carefully consider their investment objectives and risk tolerance before making any investment decisions.
for more such questions on investment
https://brainly.com/question/29547577
#SPJ11
Materials were requisitioned for use, $28,200, of which $25,000 were direct materials. The entry is:
Answer:
Debit : Work In Process $28,200
Credit : Direct Materials $25,000
Credit : Indirect Materials $3,200
Explanation:
Materials requisitioned for use are include in Product Cost calculation. The Work In Process Account is the major account used to calculate the Product Cost during the Manufacturing Process.
Thus, Debit the full amount of materials requisitioned for use to the Work In Process Account and Credit the respective categories of Accounts supplying the Work In Process to show their decrease. Note that Indirect Materials take the $3,200 remaining after $25,000 have been used by direct materials against the total of $28,200 requisitioned.
All of the following statements regarding “barter” are true EXCEPT:
It is efficient in terms of resources used.
Its widespread use is limited.
It is an exchange system where goods trade for goods.
Since it requires you to find someone willing to trade, it can be time consuming
Answer:
1
Explanation:
"It is efficient in terms of resources used."
It is false.
27. Subscription owing N6,000 at 31/12/2014.
Subscription in advance 14,000 at
31/12/2014. Cash received as subscription
during the year was N80,000.
The subscription for the year 2014 was
(a) N90,000 (b) N82,000
(c) A78,000 (d) N70,000
Answer:
$72,000
Calculation for The subscription for the year 2014
Using this formula
2014 Subscription=Cash received-Subscription in advance+Subscription owing
Let plug in the formula
2014 Subscription=$80,000-$14,000+$6,000
2014 Subscription=$72,000
Therefore The subscription for the year 2014 was $72,000
10 points easy………………
Explanation:
The C is the correct answer
As it is pointing to personal harm while all other are not
The five stress in the workplace
The five stress in the workplace
WorkloadInterpersonal conflictsLack of controlOrganizational culture and job demandsWork-life balanceThe five stress in the workplaceStress in the workplace can stem from various factors, including excessive workloads, tight deadlines, and a high volume of tasks. Interpersonal conflicts, such as poor communication and personality clashes, can also contribute to workplace stress.
Feeling a lack of control over work-related decisions and schedules, along with a toxic organizational culture or unrealistic job demands, can further exacerbate stress levels. Additionally, difficulties in achieving work-life balance due to long hours and limited personal time can lead to increased stress and burnout.
Read more on stress here:https://brainly.com/question/11819849
#SPJ1
design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
for more question on adaptability
https://brainly.com/question/26810727
#SPJ8
The story about the new faculty member who might decide to volunteer to head up the speakers program for faculty seminars because it would put him in the center of many communications about the weekly presentations is illustrative of network structure through
The complete statement is "The story about the new faculty member who might decide to volunteer to head up the "speakers" program for faculty seminars because it would put him in the center of many communications about the weekly presentations is illustrative of network structure through visibility." Option B
What is a faculty seminar?Generally, The educational activities that make up a Faculty Seminar are meant to be attended only by faculty members.
The purpose of the Faculty Seminars is to broaden and improve the faculty's teaching practices by concentrating on a particular component of the faculty members' classroom instruction.
Learning Communities and Faculty Seminars function together as a single cohort.
The interactive component of the lecture format is known as the seminar. You will be expected to put your understanding of the material covered in the lectures and the supplemental reading to use by completing group assignments, taking part in class discussions, and asking questions to your instructor.
These gatherings are often conducted in classroom settings with smaller numbers of participants.
In conclusion, The full version of this statement is as follows: "The story about the new faculty member who might decide to volunteer to head up the "speakers" program for faculty seminars because it would put him in the center of many communications about the weekly presentations is illustrative of network structure through visibility." Alternative
Read more about Faculty Seminars
https://brainly.com/question/28204551
#SPJ1
CQ
The story about the new faculty member who might decide to volunteer to head up the "speakers" program for faculty seminars because it would put him in the center of many communications about the weekly presentations is illustrative of network structure through
A) flexibility.
B) visibility.
C) centrality.
D) coalition.
E) criticality.
Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? Explain.
Answer:
Net profit is more important to consider when you are deciding how successful and profitable a company is. Net profit takes into account all expenses and what your net profit is.
Explanation:
Which of the following do you prefer for business/ economic transactions.
1. Cash Vs Debit Card
2. Justify your choice
I personally prefer to use cash for business and economic transactions. I find that it provides a sense of security as I am able to physically see and hold the money, which makes it easier to keep track of my spending. Cash also allows me to have more control over my finances and helps me stick to a budget, as I can physically see how much money I have left. Additionally, using cash avoids the potential risks of identity theft or fraud that come with using electronic methods of payment such as debit cards. Overall, for me, cash provides a more reliable and secure way of conducting business and economic transactions.
How can events in a process costing system affect financial statements? Provide examples.
The inventory costing asset account, which shows up on the balance sheet, is where the costs associated with units produced or in production are financial recorded.
The cost is transferred to the cost of goods sold account when the goods are eventually sold, where it appears on the income statement. Financial Process costing is a type of costing that's primarily utilized costing in manufacturing, where products are mass-produced constantly using one or more processes. Examples of this include producing chemicals, erasers, or processed foods. Instead of tracking expenses for each individual item, organizations that use process costing follow the flow of costs from department to department.
To learn more about financial, click here.
https://brainly.com/question/1537763
#SPJ1
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 18% and a standard deviation of return of 34%. Stock B has an expected return of 13% and a standard deviation of return of 19%. The correlation coefficient between the returns of A and B is 0.5. The risk-free rate of return is 9%. The proportion of the optimal risky portfolio that should be invested in stock B is approximately __________. A. 53% B. 63% C. 37% D. 47%
Answer:
hope this helps b or d
Explanation:
Hank, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. In late December, he performed $20,000 of legal services for a client. Hank typically requires his clients to pay his bills immediately upon receipt. Assume his marginal tax rate is 32 percent this year and will be 35 percent next year, and that he can earn an after-tax rate of return of 12 percent on his investments.
Explanation:
To analyze the tax implications and financial considerations for Hank, we need to evaluate two scenarios: (1) recognizing the income in the current year and (2) deferring the income to the following year.
Scenario 1: Recognizing the income in the current year
If Hank recognizes the $20,000 of legal service income in the current year, he will be subject to income tax at his marginal tax rate of 32 percent. This means he will owe $6,400 in taxes ($20,000 x 0.32). After paying the tax, he will have $13,600 ($20,000 - $6,400) available for investment.
Scenario 2: Deferring the income to the following year
If Hank chooses to defer the income to the following year, he won't have to pay tax on it in the current year. He can invest the full $20,000 and earn an after-tax rate of return of 12 percent. This will result in an investment return of $2,400 ($20,000 x 0.12).
Comparing the two scenarios, we can calculate the net benefit of deferring the income. The net benefit is the difference between the investment return in Scenario 2 and the taxes owed in Scenario 1. In this case, the net benefit is $2,400 - $6,400 = -$4,000.
Since the net benefit is negative, it would be financially disadvantageous for Hank to defer the income to the following year. Recognizing the income in the current year and paying the taxes allows him to invest the remaining amount immediately and potentially earn a higher after-tax return.
However, it's important to note that tax and investment decisions depend on various factors, and this analysis is based on the provided information. Consulting with a tax professional or financial advisor would be recommended for a comprehensive evaluation of Hank's specific situation.
Consider the following two, completely separate, economies. The expected return and volatility of all stocks in both economies is the same. In the first economy, all stocks move together - in good times all prices go up together and in bad times they all fall together. In the second economy, stock returns are independent - one stock increasing in price has no effect on the prices of other stocks. Assuming you are risk-averse and you could choose one of the two economies in which to invest, which one would you choose
Answer:
As a risk averse investor I would choose the second option.
Explanation:
As a risk averse investor I would choose the second option. The second option described case whereby In an
economy whereby stocks returns are independent. And with this, risk can be diversified away as far as a large portfolio is concerned.
In each dropdown next to the following terms, select the identifying letter of its best description. Incurs costs without directly yielding revenues. Provides information used to evaluate the performance of a department. Costs incurred for the joint benefit of more than one department. Costs that a manager has the ability to affect. Holds manager responsible for revenues, costs and investments. Provides information to evaluate the performance of a department manager.
Answer:
Cost center ⇒ Incurs costs without directly yielding revenues.
Investment center ⇒ Holds manager responsible for revenues, costs and investments.
Departmental accounting system ⇒ Provides information used to evaluate the performance of a department.
Indirect expenses ⇒ Costs incurred for the joint benefit of more than one department.
Controllable Cost ⇒ Costs that a manager has the ability to affect.
Responsibility accounting system ⇒ Provides information to evaluate the performance of a department manager.