william has been playing a rented saxophone for the last three years. he has now saved up enough money to purchase a new one, so he visits his local music store. the music store sells saxophones from two main companies. one company offers just the saxophone while the other includes reeds, cleaning equipment, and a buffing cloth. the instruments are the same price, so william decides to purchase the second one that includes the extra components. the choice william made was based on the instrument maker’s:
Answers
The choice William made was based on the competitive offering.
What is competitive offering?With the use of Indeed's data and insights, the Indeed Editorial Team is made up of a bright and diverse group of writers, researchers, and subject-matter experts who provide helpful advice for navigating your professional path.
When consumers desire certain goods and services, a competitive market develops. Due to the competition created by this market structure, companies must consider their costs of production, their pricing policies, and the number of products they offer.
Perfect competition, as well as competitive markets, aim to balance the interests of buyers and sellers and help participants develop strategies that take into account the supply and demand dynamics of the market at hand. Defining competitive markets, outlining their traits, and describing their functions and distinctions are all covered in this article.
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Related Questions
write the ways of getting information of the foreign employmen
Answers
Answer:
1.internet. 2.Notice board. 3.Magazines And newspapers
Question 1:
(a) Discuss the difference between Galvin’s CIPP model and Brinkerhoff’s six process model of HRD evaluation. (25 marks)
(b) In your opinion, and from research findings, describe the critical reasons for many organisations not to bother or practice HRD evaluations more rigorously. (25 marks)
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(a) The CIPP Model of HRD evaluation, developed by Galvin, is a four-step process used to evaluate the effectiveness of a human resource development program.
Brinkerhoff's Six Process Model of HRD Evaluation is an alternative to the CIPP Model that provides a more comprehensive approach.
(b) Research suggests that one of the main reasons organizations do not practice HRD evaluations more rigorously is the lack of understanding of the value of HRD evaluation. There is also a lack of knowledge or resources to implement evaluations properly. Additionally, some organisations view the evaluation process as too time consuming or costly, and so do not prioritize it.
(a) Galvin's CIPP (Context, Input, Process, and Product) model and Brinkerhoff's six process model of HRD evaluation are both frameworks used to evaluate the effectiveness of HRD programs. However, there are several key differences between the two models.
Galvin's CIPP model focuses on four key areas: context, input, process, and product.
The context evaluation assesses the needs and problems of the organization, the input evaluation assesses the resources available to the organization, the process evaluation assesses how the HRD program is being implemented, and the product evaluation assesses the outcomes of the HRD program.
On the other hand, Brinkerhoff's six process model focuses on six key areas: goals, design, implementation, participation, impact, and transfer. The goals evaluation assesses the objectives of the HRD program, the design evaluation assesses the structure of the HRD program, the implementation evaluation assesses how the HRD program is being carried out, the participation evaluation assesses the involvement of employees in the HRD program, the impact evaluation assesses the results of the HRD program, and the transfer evaluation assesses the extent to which the HRD program is being applied in the workplace.
(b) There are several critical reasons why many organizations do not bother or practice HRD evaluations more rigorously. One reason is the lack of resources, such as time, money, and personnel, to conduct evaluations. Another reason is the lack of knowledge and expertise in conducting evaluations. Additionally, many organizations may not see the value in conducting evaluations, as they may believe that the HRD program is already effective and does not need to be evaluated. Finally, some organizations may be resistant to change and may not want to make any changes to their HRD program based on the results of an evaluation.
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Carmen Co. can further process Product ) to produce Product D. Product) is currently selling for $19,30 per pound and costs $14.50 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.00 per pound to produce The differential cost of producing Product Dis Oa 1040 per pound Ob. 55.16 per pound Oc. $6.00 per pound Od $10.32 per pound Carmen Co. can further process Product 1 to produce Product D. Product 1 is currently selling for $19.30 per pound and costs $14.80 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.00 per pound to produce. The differential cost of producing Product Dis Oa. $60 per pound Ob. 55.16 per pound Oc 16 per pound Od. 110.32 per pound Carmen Co. can further process Product I to produce Product D. Product J is currently selling for $19.30 per pound and costs $14.80 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.60 per pound to produce. The differential cost of producing Product Dis Oa. 58.60 per pound Ob. 15.16 per pound Oc. $6.08 per pound Od. $10.32 per pound
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The correct answer is option-C. Differential cost refers to the difference between the cost of producing two different products. The formula for differential cost is: Differential Cost = (Cost of Producing Product A) - (Cost of Producing Product B).
For Carmen Co., the differential cost of producing Product D from Product 1 is $5.50 per pound ($14.80 cost of producing Product 1 - $8.00 additional cost of producing Product D).
The differential cost of producing Product D from Product J is $8.60 per pound ($14.80 cost of producing Product J - $8.60 additional cost of producing Product D).
To determine the best choice for Carmen Co., the incremental revenue and cost must be considered. The incremental revenue is the additional revenue that Carmen Co. would earn by producing Product D instead of Product 1 or Product J. The incremental cost is the additional cost that Carmen Co. would incur to produce Product D instead of Product 1 or Product J.
The incremental revenue and cost can be calculated as follows: Incremental Revenue = Selling Price of Product D - Selling Price of Product 1 or J. Incremental Cost = Additional Cost of Producing Product D from Product 1 or J.
Comparing the incremental revenue and cost for both options, Carmen Co. should produce Product D from Product 1 because it has a higher incremental revenue and lower incremental cost than producing Product D from Product J.
Therefore, the correct answer is option-C.
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You can visit physically or search for any business on internet. The company/business may be product or service based (your choice). You need to tell about their
a) Current products/services.
b) Types of their strategic plans.
c) How they established their operational strategy.
d) What kind of process structure they have, also explain them on the basis of front office, hybrid and back office processes ( in case of service structure) or job shop, batch process, continuous process etc. ( in case of manufacturing).
e) What are the possible distinctive competencies the business has?
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For the purpose of this answer, I have chosen a service-based business, namely, Airbnb. As an online marketplace for lodging and homestay, Airbnb has several distinctive competencies that make it stand out in the industry.
Firstly, their user-friendly platform and mobile app provide convenience to their customers, allowing them to easily search and book unique accommodations in any part of the world.
Additionally, their community-based approach ensures that both hosts and guests have a safe and comfortable experience, as hosts are reviewed and rated by guests and vice versa. Airbnb's diverse range of properties, from private rooms to entire homes and unique experiences like treehouses and yurts, offer customers a personalized and authentic travel experience.
Lastly, their ability to provide affordable accommodation in comparison to traditional hotels is a major competitive advantage. Overall, Airbnb's brand reputation, unique offerings, and technological advancements are among their most notable distinctive competencies.
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ben and his wife, jenny, have a disagreement over what kinds of investments they should make for long-term financial security. ben wants to invest more heavily in risky ventures, while jenny prefers more secure options such as compact disks or savings bonds. ben and jenny have a(n) .
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Ben and his wife, jenny, have a disagreement over what kinds of investments they should make for long-term financial security. ben wants to invest more heavily in risky ventures, while jenny prefers more secure options such as compact disks or savings bonds. ben and jenny have a(n) conflict of interest.
Investment is the determination of cash to purchase of an asset to obtain an boom in fee over a time period. investment requires a sacrifice of some gift asset, such as time, cash, or attempt. In finance, the cause of making an investment is to generate a go back from the invested asset.
An investment is an asset or item accumulated with the aim of producing income or popularity. In a monetary outlook, an investment is the acquisition of goods that aren't consumed these days but are used within the destiny to generate wealth.
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Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answers
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
Which of the following is not a possible consequence of chronic large budget deficits?
The exchange rate might appreciate too much, due to an increased supply and decreased demand for the country’s currency
Aggregate demand may shift too far to the right, causing inflation
The country’s ability to repay their international debt may decrease, leading international investors to withdraw their funds
The overall level of investment can decrease, leading to a recession
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The correct answer is The country’s ability to repay their international debt may decrease, leading international investors to withdraw their funds.
A country that has a significant current account deficit always runs the danger of its currency losing value. The currency rate will decrease to reflect the imbalance of foreign capital flows if there aren't enough inflows to cover the shortfall. It is commonly accepted that large budget deficits are likely to lead to higher interest rates, an excessive expansion of the money supply, and higher prices. Therefore, it is possible that budget deficits will indirectly influence the exchange rate. The value of one currency will increase as the exchange rate changes, while the value of the other currency will decrease. A currency is considered to have appreciated when its value rises.
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Cost is 120.37 and selling price is 198.99 what's the markup, percent of the markup on cost, and percent of markup on selling price
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Markup= 78.62
Percentage markup= 65.3 % increase
EA19. 5.5 Prepare the journal entry to record the sale of 2,000 units that cost $8 per unit and sold for $15per unit.
Answers
Answer:
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Explanation:
fxhdrye75rgikjbhvtdu5ertyhinjbhvcutdbcgjtdlu5et
Martin Company currently produces and sells 35,000 units of product at a selling price of $13. The product has variable costs of $7 per unit and fixed costs of $45,000. The company currently earns a total contribution margin of:
Answers
Answer:
The company currently earns a total contribution margin of $ 20
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
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Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
A(n) _____ is the learned ability to do something. A(n) _____ is a natural talent or ability to excel at something. A(n) _____ is a quality or characteristic.
A. aptitude, trait, skill
B. aptitude, skill, trait
C. skill, trait, aptitude
D. skill, aptitude, trait
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Answer: D. skill, aptitude, trait
Explanation:
A skill is the learned ability to do something which is why when a person is being trained they say the person is acquiring new skills.
Aptitude on the other hand is the natural born talent that a person has that enables them to excel at something.
A trait is simply a quality or characteristic that a person possesses.
Answer: D. skill, aptitude, trait
Explanation: took the quiz.
a marketing plan and operating budget are two components of
a.a long range planning
b. a business plan
c. short range planning
d. a staff planning
Answers
Which of the following is a false statement?
A. Certain states have no state income tax.
B. Most states have state income tax.
C. Depending on where you live, you may pay no state income taxes.
D. All states have a flat state tax.
Answers
The false statement among the options provided is D. All states have a flat state tax. This statement is incorrect because not all states have a flat state tax.Option D is correct.
In fact, the majority of states in the United States do not have a flat tax system. Instead, they utilize a progressive income tax system where tax rates increase as income levels rise. Under a progressive tax system, individuals with higher incomes are subject to higher tax rates, while those with lower incomes pay lower rates.
Some states also implement different tax brackets, deductions, and exemptions to further differentiate tax liabilities based on income. It is important to note that tax policies and regulations can vary among states, and individuals should consult the specific tax laws of their respective state for accurate information regarding state income taxes.Option D is correct.
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Given the following factor notation what value with this generate F = A(F/A,i,n) a. The Annuity of a Future b. none of these C. The Future of an ...
Answers
The given factor notation F = A(F/A,i,n), will generate the value for The Future of an Annuity Present. Therefore, the correct option is C.
In the factor notation F = A(F/A,i,n):
1. F is the future value of an annuity (the amount accumulated in the future).
2. A is the annuity (a series of equal payments made at regular intervals).
3. F/A is the future value interest factor of an annuity (a factor used to calculate the future value of an annuity).
4. i is the interest rate (the rate at which the annuity grows).
5. n is the number of periods (the length of time over which the annuity is paid).
In this factor notation, we are trying to find the future value (F) of an annuity (A) by multiplying the annuity by the future value interest factor (F/A) with a specific interest rate (i) and number of periods (n). This calculation will give us the future value of the annuity present, which helps us understand how much the annuity will be worth in the future. Hence, the correct answer is option C.
Note: The question is incomplete. The complete question probably is: Given the following factor notation what value with this generate F = A(F/A,i,n) A. The Annuity of a Future B. none of these C. The Future of an Annuity Present D. The Future of a Present.
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when job 711 was completed, direct materials totaled $4,000; direct labor, $4,600; and factory overhead, $2,400, respectively. units produced totaled 1,000. unit costs are: group of answer choices
Answers
Based on the provided information, the unit cost for job 711 is $11. (Option D)
A unit cost refers to total expenditure incurred by a company to produce, store, and sell one unit of a particular product or service. To find the unit cost, we need to add up the total costs of direct materials, direct labor, and factory overhead, and then divide by the number of units produced.
Total cost = direct materials + direct labor + factory overhead
Total cost = $4,000 + $4,600 + $2,400
Total cost = $11,000
Unit cost = Total cost / Units produced
Unit cost = $11,000 / 1,000
Unit cost = $11
Therefore, the unit cost for job 711 is $11.
Note: The question is incomplete. The complete question probably is: When job 711 was completed, direct materials totaled $4,000; direct labor, $4,600; and factory overhead, $2,400, respectively. Units produced totaled 1,000. Unit costs are: a) $11,000 b) $1,100 c) $110 d) $11
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The price of a Honda Accord
a. and the price of a Honda Accord divided by the price of a Honda Civic are both real variables
b. and the price of a Honda Accord divided by the price of Honda Civic are both nominal variables.
c. is a real variable, and the price of a Honda Accord divided by a Honda Civic is a nominal variable.
d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.
Answers
Answer:
d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.
Explanation:
In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.
real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.
How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answers
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
Write about the ways to maintain a positive body
image.
What I Should Do to Maintain a Positive Body Image
Answers
Answer:
Eat Healthy
Maintain a good diet
Meditate
Practice self confidence
Work out
Stay positive
Have a healthy mental state
In the United States, employee salaries are increasingly based on ______________ rather than internal job evaluation methods such as the point factor method. In the United States, employee salaries are increasingly based on ______________ rather than internal job evaluation methods such as the point factor method. seniority the classification method the ranking method market pricing
Answers
Consider an industry with two firms. Each firm is identical, produces a homogenous product, and are profit maximizers. The total cost of production, the marginal cost of production, and the industry demand is known to both firms as listed below: o Inverse Demand Function: P = 30 - Q o Total Cost Function: C(q) = 109 and C(q) = 492 • Marginal Cost Function: MC(qı) = 10 and MC(92) = 4 - a. Determine the Cournot equilibrium quantity for both firms, the market price, and their individual firm profits. b. Determine the Betrand equilibrium quantity for both firms, the market price, and their individual firm profits. c. Determine the Stackelberg equilibrium quantity for both firms, the market price, and their individual firm profits. Assume firm 1 is the leader. d. Determine the Stackelberg equilibrium quantity for both firms, the market price, and their individual firm profits. Assume firm 2 is the leader.
Answers
a. Cournot equilibrium: Q1 = Q2 = 19, P = $11, and individual firm profits = $12.
b. Bertrand equilibrium: P = $10, Q1 = Q2 = 92, and individual firm profits = $911.
c. Stackelberg equilibrium (firm 1 leader): Q1 = 24, Q2 = 15, P = $6, and individual firm profits: Firm 1 = $35, Firm 2 = -$4.
d. Stackelberg equilibrium (firm 2 leader): Q1 = 15, Q2 = 24, P = $6, and individual firm profits: Firm 1 = -$4, Firm 2 = $35.
a. In the Cournot equilibrium, each firm determines its quantity of output based on the reaction of the other firm. To find this equilibrium, we calculate each firm's reaction function. The reaction function is the quantity that a firm will produce given the quantity produced by the other firm. Using the inverse demand function and the total cost function, we can derive the reaction functions. Solving the reaction functions simultaneously, we find that the Cournot equilibrium quantity for both firms is Q1 = Q2 = 19.
The market price is determined by substituting the equilibrium quantity into the inverse demand function, resulting in
P = 30 - 19
= 11.
Individual firm profits can be calculated by subtracting the total cost from the revenue, which is equal to price multiplied by quantity. Therefore, each firm's profit is (11 * 19) - 109 = $12.
b. In the Bertrand equilibrium, firms compete on price rather than quantity. Since the firms are identical, they will undercut each other's prices until the price equals the marginal cost. Using the marginal cost function, we find that the Bertrand equilibrium price is P = MC = $10. Each firm will produce at a quantity where marginal cost equals price, which is Q = 92. Therefore, both firms will produce a quantity of 92, resulting in individual firm profits of (10 * 92) - 109 = $911.
c. In the Stackelberg equilibrium with firm 1 as the leader, firm 1 determines its quantity first, considering firm 2's reaction. Firm 2, as the follower, then chooses its quantity based on firm 1's decision. Using the inverse demand function and total cost function, we derive the reaction functions for both firms. Solving these equations, we find that firm 1 produces Q1 = 24, and firm 2 produces Q2 = 15.
The market price is P = 30 - Q1 - Q2
= $6.
Firm 1's profit is (6 * 24) - 109 = $35, and firm 2's profit is (6 * 15) - 109 = -$4.
d. In the Stackelberg equilibrium with firm 2 as the leader, the process is the same as in part c, but firm 2 determines its quantity first. Firm 1, as the follower, then chooses its quantity based on firm 2's decision. Solving the reaction functions, we find that firm 1 produces Q1 = 15, and firm 2 produces Q2 = 24.
The market price remains P = 30 - Q1 - Q2
= $6.
Firm 1's profit is (6 * 15) - 109 = -$4, and firm 2's profit is (6 * 24) - 109 = $35.
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What is a contingency plan?
Answers
Answer:
Um plano de contingência é um tipo de plano preventivo, preditivo e reactivo.
Apresenta uma estrutura estratégica e operativa que ajudeá a controlar uma situação de emergência e a minimizar as suas consequências negativas.
O plano de contingência propõe uma série de procedimentos alternativos ao funcionamento normal de uma organização, sempre que alguma das suas funções usuais se vê prejudicada por uma contingência interna ou externa.
Concord Guitar Company makes high-quality customized guitars. Concord uses a job order costing system. Because the guitars are handmade, the company applies overhead based on direct labor hours. At the beginning of the year, the company estimated that total manufacturing overhead costs would be $303,000 and that 20,200 direct labor hours would be worked. At year-end, Kenneth, the company's founder and CEO, gives you the following information regarding Concord's operations. 1. The beginning balances in the inventory accounts were: Raw Materials Inventory $7.900 Work in Process Inventory $26,400 Finished Goods Inventory $32,300 2. During the year, the company purchased raw materials costing $104,000. All purchases were made on account. 3. The production department requisitioned $96,000 of raw materials for use in production. Of those, 70% were direct materials and 30% were indirect materials. 4. The company used 21,400 direct labor hours at a cost of $13 per hour during the year (credit Wages Payable). 5. The company used 6,900 indirect labor hours at a cost of $10 per hour (credit Wages Payable). 6. The company paid $178,000 for insurance, utilities, and property taxes on the factory. 7. The company recorded factory depreciation of $40,500. 8. The company applied manufacturing overhead to inventory based on the 21,400 labor hours actually worked during the year. 9. Products costing $663,000 were completed during the year and transferred to the Finished Goods Inventory. 10. During the year, the company sold products costing a total of $671,000. 11. The company closes under- and overapplied overhead to Cost of Goods Sold. pay Prepare journal entries for each of the transactions just listed. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Post entries in order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation 1. 2. 3. 4. (To record raw materials purchases) (To record use of direct and indirect materials in production) Debit DO Credit 5. 6. 7. 8. 9. (To record direct labor payroll) (To record indirect labor payroll) (To record other manufacturing overhead incurred) (To record factory depreciation) (To apply manufacturing overhead) 00 00 00 00 00 10. 11. (To record transfer of completed products to finished goods) (To record cost of sales) (To dispose of overapplied overhead) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer
Answers
The journal entries reflect the various transactions and events in Concord Guitar Company's operations. Each entry records the impact on the relevant accounts.
The following information regarding Concord's operations and transactions:
1. (To record raw materials purchases)
Debit: Raw Materials Inventory $104,000
Credit: Accounts Payable $104,000
Transaction 1 involve the purchase and use of raw materials, with a portion allocated to direct materials and the remaining to indirect materials.
2. (To record use of direct and indirect materials in production)
Debit: Work in Process Inventory $67,200 (70% of $96,000)
Debit: Manufacturing Overhead $28,800 (30% of $96,000)
Credit: Raw Materials Inventory $96,000
Transaction 2 involve the purchase and use of raw materials, with a portion allocated to direct materials and the remaining to indirect materials.
3. (To record direct labor payroll)
Debit: Work in Process Inventory $278,200 ($13 per hour x 21,400 hours)
Credit: Wages Payable $278,200
Transaction 3 record the direct and indirect labor costs incurred during the year.
4.(To record indirect labor payroll)
Debit: Manufacturing Overhead $69,000 ($10 per hour x 6,900 hours)
Credit: Wages Payable $69,000
Transactions 4 record the direct and indirect labor costs incurred during the year.
5.(To record other manufacturing overhead incurred)
Debit: Manufacturing Overhead $218,500
Credit: Accounts Payable $178,000
Credit: Accumulated Depreciation $40,500
Transaction 5 accounts for other manufacturing overhead costs, such as insurance, utilities, and property taxes on the factory, as well as factory depreciation.
6.(To apply manufacturing overhead)
Debit: Work in Process Inventory $459,100 ($21.40 per hour x 21,400 hours)
Transaction 6 applies manufacturing overhead to the work in process inventory based on the actual labor hours worked.
7.(To record transfer of completed products to finished goods)
Debit: Finished Goods Inventory $663,000
Credit: Work in Process Inventory $663,000
Transaction 7 shows the transfer of completed products to the finished goods inventory.
8.(To record cost of sales)
Debit: Cost of Goods Sold $671,000
Credit: Finished Goods Inventory $671,000
Transaction 8 records the cost of goods sold when products are sold.
9.(To dispose of overapplied overhead)
Debit: Cost of Goods Sold $5,900 (Excess of applied overhead over actual overhead)
Credit: Manufacturing Overhead $5,900
Transaction 9 disposes of any overapplied overhead by reducing the manufacturing overhead account and increasing the cost of goods sold.
These journal entries accurately capture the financial impact of each transaction on Concord Guitar Company's accounts.
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how successful are the joint promotional efforts of private industry and government?
Answers
The success of joint promotional efforts between private industry and government can vary depending on several factors. One of the most critical factors is the level of collaboration and communication between the two entities. When both parties work together seamlessly and align their objectives and strategies, joint promotional efforts can be highly successful.
Another key factor is the effectiveness of the marketing campaign itself, including the quality of the product or service being promoted, the target audience, and the message being communicated. Additionally, the level of financial investment and resources dedicated to the campaign can impact its success.
Overall, joint promotional efforts of private industry and government can be highly effective, especially when both parties work together closely and leverage their strengths and expertise. However, it's essential to note that success can vary based on several factors and requires ongoing evaluation and adjustments to achieve desired results.
The joint promotional efforts of private industry and government have been successful in various sectors and initiatives. By combining resources, expertise, and reach, these partnerships often lead to improved outcomes for both parties.
One notable example is in the field of infrastructure development, where public-private partnerships (PPPs) have enabled the construction and maintenance of vital infrastructure projects, such as roads, bridges, and public transport. These partnerships ensure better allocation of risks, costs, and responsibilities between both parties, leading to more efficient and sustainable projects.
Another area of success is in the promotion of clean energy technologies and environmental sustainability. Joint efforts have facilitated research, development, and implementation of innovative green solutions, resulting in reduced carbon emissions and improved energy efficiency.
Moreover, these collaborations have proven beneficial in the areas of education, healthcare, and disaster relief. By working together, private industry and government can pool resources, share knowledge, and implement more effective solutions to address societal challenges.
In conclusion, the joint promotional efforts of private industry and government have been largely successful in achieving various goals across different sectors. Such partnerships leverage the strengths of each party and result in improved outcomes for all stakeholders involved.
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How do you justify inclusion of socio-economic dimensions in
climate change discourse? Support your discussion with facts and
points taken from the reading only. (1500 words)
Answers
As the climate changes, millions of poor people face increasing challenges in terms of extreme events, health effects, food, water, and livelihood security, migration and forced displacement, loss of cultural identity, and other related risks.
Global patterns of inequality are deeply entwined with climate change. The most unfortunate and most weak individuals endure the worst part of environmental change influences yet contribute the least to the emergency. As the effects of environmental change mount, a great many weak individuals face unbalanced difficulties as far as outrageous occasions, wellbeing impacts, food, water, and business security, movement and constrained uprooting, loss of social personality, and other related gambles.
Female-headed households, children, people with disabilities, Indigenous Peoples and ethnic minorities, landless tenants, migrant workers, displaced people, sexual and gender minorities, older people, and other socially marginalized groups are among the social groups that are particularly susceptible to crises. Their vulnerability stems primarily from the combination of their locations; their gender, socioeconomic, cultural, and financial standing; and their access to services, resources, power over decisions, and justice.
Climate change action needs to be more ambitious, according to marginalized and poor groups. Climate change is more than just a problem for the environment; it is also a social problem that forces us to deal with inequality on many levels: among rich and unfortunate nations; between countries' rich and poor; between generations and men and women. For better development outcomes, the Intergovernmental Panel on Climate Change (IPCC) has emphasized the necessity of climate solutions that adhere to distributive and procedural justice principles.
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Jane is testing a financial application. this application relies on third-party software for input data. in which section of the test plan should jane mention this?
Answers
Jane is testing a financial application that is based on third-party software data to test the application. Jane should mention it in the test cases specification section of the test plan document. More specifically the test input is defined in the test data section of the test case specification.
Test Plan:
A test plan is a document that helps the tester while testing the application. It is the document that defines the approach the test the application effectively. It is created during the project or application testing phase. The test plan document is mostly used by the project manager, testing team, and project team.
The test plan document contains the testing strategy and objectives, estimation, schedule and deliverable, and resources required to perform testing.
In the test cases specification section of the test plan document, test cases are defined. In the test cases specification section, the input and where it comes into the application are also defined to test the product. In the test cases specification section, the test input is defined in the test data section. In the test data section of a test case, you provide a different set of values to test the application as an input.
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Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%. ignoring taxes, find the effect of the two increases on her purchasing power. showwork
Answers
Answer:
She lost $754.05.
Explanation:
Giving the following information:
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.
The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.
Increase in salary= 52,000*1.025= $53,300
Inflation effect= 52,000/(1-0.038)= $54,054.05
To maintain her purchasing power, now, she needs to earn $54,054.05.
She lost $754.05.
A model that shows the trade-offs and opportunity costs of producing an additional unit of a good relative to what must be given up in the production of another good.
Answers
Answer:
production possibilities curve (PPC)
Explanation:
The PPC is used to explain the tradeoffs that producers face when having to choose between 2 different alternative products or services. The more they choose of one product, the less they will be able to produce of the other product. Opportunity costs are the associated costs or benefits lost resulting from choosing one activity or investment over another alternative.
Shaun oversees the marketing and sales activities for a company that sells products through its website. his job title is best described as . nadine analyzes ways to improve the number of viewers and time they spend on a website by promoting the site and updating its text and graphics to improve its search rankings. her job title is best described as .
Answers
The answer for the first one is Online Merchant
And the answer for the second one is Search Marketing Strategist
You're Welcome
PS: I'm not sure if it's too late, but hopefully I helped you.
Answer:
The other person is correct.
Explanation:
A potential negative result of trade agreements is
Answers
agreements is JOB LOSS::