Answer: d. 80% of direct material cost
Explanation:
Overhead cost = Total costs - Direct material - Direct labor
= 132,200 - 25,000 - 32,000 - 12,500 - 17,100
= $45,600
Direct materials cost = 32,000 + 25,000
= $57,000
Percentage of Direct materials = Overhead/ Direct materials
= 45,600/57,000
= 80%
The operational improvement cycle is referred to as the: a. 5S cycle b. FMEA cycle c. DMAIC cycle d. Generate - Integrate - Interpret - Act cycle
Answer:
The operational improvement cycle is referred to as the:
c. DMAIC cycle
Explanation:
The DMAIC cycle involves continuous operational improvement. The 'D' stands for 'to define' the process. The 'M' stands for ' to measure' or quantify the performance process. The 'A' stands for ' to analyze' performance to determine root causes. The 'I' stands for 'to improve; the process. The 'C' stands for control to achieve benefits. These processes are the Sigma Six improvement processes that have been proven to yield improved organizational processes.
The cost for direct labor is $30 per direct labor hour and the cost of the direct materials used by Job 603 is $1,400.How much manufacturing overhead would be allocated to Job 603 using the departmental overhead rates
Answer:
the total manufacturing overhead allocated is 610
Explanation:
The computation of the manufacturing overhead allocated is as follows;
= Assembly department + sandling department
= 50 × 11 + 15 × 4
= 550 + 60
= 610
Hence, the total manufacturing overhead allocated is 610
We simply applied the above formula so that the total manufacturing allocated to Job 603 could come
The Transportation and Logistics career cluster serves
government and national security.
the military and the secret service.
airplane passengers and grocery stores.
lawmakers and electricity providers.
Edit: I think the answer's A
Answer:
airplane passengers and grocery stores.
Explanation:
The Transportation, Distribution, and Logistics cluster is made up of drivers and other workers who work behind the scenes to ensure efficient transportation at all times. The other workers include pilots, locomotive drivers, mechanics, transport planners, parking lot attendants, civil engineers, and many others.
Workers in the transport and logistics cluster serve passengers using the air, rail, water, and road transport network. They provide courier services to retail stores, homes, and offices. Work in this cluster revolves around providing transport services.
The Transportation and Logistics career cluster serves a wide range of industries and sectors, including airplane passengers and grocery stores. This includes airport operations, airline management, baggage handling etc. Hence, option C is the correct answer.
The transportation and logistics industry serves the needs of airplane passengers by facilitating air travel like Passenger transportation services.
Additionally, the industry supports grocery stores and other retail businesses by transporting goods and products from manufacturers to distribution centers and ultimately to retail locations.
Hence, option C is the correct answer.
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Suggest and explain four activities that would be ""customer focused"" in nature
Answer:
1. Efficient customer-care
2. Personalization of products
3. A transparent distribution network
4. Requesting feedback from customers
Explanation:
An organization that is customer-focused has policies in place that are relatable to the customer and make his journey through the business easier.
Activities and policies that are customer-focused in nature include;
1. A well trained customer service personnel that listen to the needs of the customers, and solve them.
2. Designing of products that fit into the needs of customer segments shows that the organization has the customers at heart.
3. Honesty and clarity in dealing with customers at every stage of the business shows that the organization is customer-focused.
4. Feedback requests helps the organization know what the customer's concerns are and how to deal with them.
James Company has 1,000 shares of $10 par preferred stock, which were issued at par. It also has 25,000 shares of common stock outstanding, and its total stockholders' equity equals $500,000. The book value per common share is:
Answer:
The book value per common share is: $19.6
Explanation:
1,000 × 10 = 10,000
500,000 - 10,000 = 490,000
490,000 ÷ 25,000 = 19.6
A company decided to scan all of its salespersons' important work that existed only in paper form into a central computer database that could be easily accessed using portable computers, thereby saving salespersons the effort of lugging their paper files all over the country. The project was a dismal failure, however; salespersons rarely accessed the database and continued to rely on many paper files, which they had refused to turn over to the staff responsible for creating the database.
Which one of the following, if true, most helps toaccount for the failure described above?
a. Some of the salespersons gave huge paper files to the staff responsible for creating thedatabase while other salespersons gave themmuch smaller files.
b. Most of the salespersons already had portablecomputers before the new database was created.
c. The papers that the salespersons found mostimportant all contained personal informationabout employees of client companies,which the salespersons did not want in acentral database.
d. All of the salespersons were required to attend aseries of training sessions for the new databasesoftware even though many of them found thesoftware easy to use even without training.
e. The number of staff required to create thedatabase turned out to be larger thananticipated, and the company had to payovertime wages to some of them.
Answer:
c. The papers that the salespersons found most important all contained personal information about employees of client companies, which the salespersons did not want in a central database.
Explanation:
Most salespeople earn their salaries through sales commissions. A salesperson not only competes with other competing companies, but also competes against other salespeople of the same company. It is likely that they didn't want to share their trade secrets with other salespeople within the same company.
Lisa is trying to earn some extra money for a cruise she's taking in a few months, so she's made sure to book her days so that she has back to back clients. Today she's scheduled some clients to come in for simple washes and cuts between applying and finishing color treatments for other clients. Lisa plans to clean up at the end of her day to save time. What is the ergonomic issue with this situation? Select the best option. This will make her customers annoyed. She won't have enough time to perform each service. It's against licensing policy to schedule services like this. She will have long periods of holding the same posture.
Explanation:
would it be the overexaustion? I'm not even sure if its a word
Lisa is trying to earn some extra money for a cruise she's taking in a few months, so she's made sure to book her days so that she has back-to-back clients. Today she's scheduled some clients to come in for simple washes and cuts between applying and finishing color treatments for other clients. Lisa plans to clean up at the end of her day to save time. She will have long periods of holding the same posture. The correct option is D.
Why is ergonomics an issue?Muscle fatigue, muscle imbalances, and strain are all consequences of poor ergonomics. Performing the same motion repeatedly can lead to numerous muscle strains. These develop into repetitive stress injuries, some of the most frequent workplace accidents.
Working in uncomfortable positions or holding one position for a long time. assuming positions that strain the body, such as bending over to use a knife with the wrists bent or twisting the torso while lifting, or repeatedly reaching above shoulder height.
Thus, the ideal selection is option D.
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Do you agree with the decision from below mention case?
While driving his employer’s vehicle to call on a customer, Mandel decides to stop at his bank—which is one block off his route—to make a personal deposit. Mandel then negligently runs into a parked vehicle owned by Kelly. In this situation, because Mandel’s detour from the employer’s business is not substantial, he is still acting within the scope of employment, and the employer is liable.
The result would be different, however, if Mandel had decided to pick up a few friends for cocktails in another city and in the process had negligently run into Kelly’s vehicle. In that situation, the departure from the employer’s business would be substantial, and the employer normally would not be liable to Kelly for damages. Mandel would be considered to have been on a "frolic" of his own.
Answer:
I do agree with the decision.
Explanation:
Luckily for all of us, employees are still human beings. As such, we are allowed certain privileges when using a company's car, e.g. we are allowed to go to a coffee shop to buy a cup of coffee or eat something while we are using the car. In this case, Mandel went to the bank, which was only 1 block away form his route, which is still under the normal scope of what an employee can do. He could argue that he wanted to check his bank account were he deposits his paycheck.
It is very different if Mandel does something irresponsible like going out with friends or drinking. In no way these actions can be related with his normal employment activities.
Tanya (born 10-31-90) is single, has no dependents and will not itemize deductions. She cannot be claimed as a dependent by anyone else. Tanya can claim adjustments of $800 for her student loan and $1200 for an IRA. She had the following income: Wages $22,594 Bank interest $320 Unemployment $250 Alimony (Pre 2018) $2,400 What is her taxable inccome
Answer:
Tanya
Taxable Income is:
$23,564
Explanation:
a) Data and Calculations:
Gross Income:
Wages $22,594
Bank interest $320
Unemployment $250
Alimony (Pre 2018) $2,400
Total gross income $25,564
Claim adjustments:
Student loan interest ($800)
IRA (1,200)
Taxable income $23,564
b) Tanya's taxable income is the amount of income that will be used to calculate how much tax she owes to the government in a given tax year. It is generally described as the adjusted gross income because it is her total income, known as her “gross income,” minus any deductions or exemptions allowed in that tax year.
Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $4,300 and a fair market value of $15,000. Kelsey will invest a building with a book value of $34,600 and a fair market value of $57,600. What amount will be recorded to Kelsey's capital account
Answer: $57600
Explanation:
The capital account of a business indicates the net worth it that particular business. The fair value of an asset brings about an increase to the capital account.
In this scenario, the amount that will be recorded to Kelsey's capital account will be her fair market value of the building which is $57,600.
itemise the importance of marketing in an economy
Answer:
Marketing drives a consumer economy, promoting goods and services and targeting consumers most likely to become buyers. Higher sales for a business that employs successful marketing strategies translate into expansion, job creation, higher tax revenue for governments and, eventually, overall economic growth.
(b) A company had an average inventory last year of $208,000 and its inventory turnover was 6. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year
Answer: 156000
Explanation:
The average inventory during the current year would be calculated as follows:
Inventory Turnover Ratio = Cost of goods sold / average inventory
where,
Inventory turnover = 8
Cost of goods sold = $208,000 × 6 = $1,248,000
Average inventory = Unknown
Therefore, 8 = 1248000 / Average inventory
Average inventory = 1248000 / 8
Average inventory = 156,000
what is legislative
Answer:
having the power to make laws
Explanation:
Answer:
having the power to make laws.
If the free market (private) equilibrium quantity is greater than the socially optimal quantity, one can infer that:
Answer:
The only that socially optimal quantity is lower than the equilibrium quantity is that the production of that specific good results in a negative externality. Negative externalities reduce social benefits of third parties, even though they do not actively participate in any type of transaction.
Davis Enterprises has 250,000 shares of $5 par value common stock outstanding. Davis declares $2 dividend on March 2, payable on April 2. The journal entry for the payment of the Cash dividend on April 2 is:_____
Answer with explanation:
Total shares = 250,000
Dividend per share = $ 2
Total dividend = (Total shares) x (dividend ) = 250,000 x 2 = $500,000
So, the journal entry for the payment of the Cash dividend on April 2 would be :
Date particular business transaction Debit Credit
April 2 Dividend payable A/c Dr. $500,000
To cash A/c Cr. $500,000
The journal entries that would take place in the books of Davis enterprises as on April 2nd will take effect as debit in dividend payable Ac which would in turn be credited to the Cash Ac.
Journal entries is a simple format of recording the financial transactions of an organization in a chronological manner as they keep occurring in the business.
There will be debit in dividend payable account which would lead to take entry in the cash ac in the ledger accounts of the organization, here, Davis Enterprises.There are 250000 share outstanding at the end of Davis Enterprises and the dividend of $2 has been declared per share which will lead to declaration of $500000 dividend in amount.This $500000 will be distributed proportionately among the shareholders of the firm by virtue of number of shares being held by them in their demat accounts as on the record date.Hence, the dividend of $500000 will be declared by Davis Enterprises and the journal entries are attached below.
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An investment has the following payment structure: 1,000 payable in one year, 1,000 payable in two years, and 1,000 payable in three years. The term structure of interest rates is:
Answer: C. 7.3%
Explanation:
The yield rate is a weighted average of the yields over the years:
= [ (1 * 6%) + (2 * 7%) + (3 * 8%)] / ( 1 + 2 + 3)
= 44%/ 6
= 7.33%
= 7.3%
Distinguish between small and large office.
Answer:
A small office is usually found in a small organisation because the volume of clerical activities is small. An example of a large office is a bank. A factory could also be an example of a large office if it has more than ten people working in it. In a large office, work is divided among the many clerical workers.
if the united states imposes an import quota on imported soybeans, how much will the united states produce domestically
Answer:
If the United States imposes an import quota, domestic production will rise, from what was produced at the world price (because the world price is the price the equilibrium price in the absence of tariffs), to the level of production determined by the domestic price.
Explanation:
This increase in production will only benefit domestic producers though, because they will now sell a higher quantity at a higher price, raising their incomes substantially.
Consumers, however, will be worse off, because before the tariff, they could buy the same amount of soybeans at the lower world price, but with the tariff, they are obliged to purchase the soybeans at the higher domestic price, lowering their available income for other goods and services.
5 million in total liabilities 4 million dollars in the balance sheet net worth Calculate the debt to worth ratio
Answer:
1.25
Explanation:
The net worth ratio uses data from the balance sheet to compare the level of a company's debt against its total net worth.
The formula for calculating the debt to net worth ratio is as below.
Debt to networth ratio = Total debts/ Total net worth.
Liabilities are the debts of a business.
in this case, = 5,000,000 / 4,000,000
Debt to net worth ration= 5/4
=1.25
True or False: The date line of a balance sheet depicts a specific day and not a period of time.
True or False: As players age, they generally experience a decline in performance, making their prospects of signing a lucrative free agent contract less likely.
Answer: True
Explanation:
As players age in most sports be it soccer, baseball, basketball and American football, their performance experiences a decline as their muscles get older. Its simply biological.
At this point, the players will no longer command the high prices they used to command as they would only contribute less to the success of the team. This means that their prospects of signing a lucrative free agent contract definitely becomes less likely.
Answer:
true
Explanation:
If Hailey, Inc., has an equity multiplier of 1.46, total asset turnover of 1.5, and a profit margin of 5.6 percent, what is its ROE?
Answer:
12.26
Explanation:
Calculation for what is its ROE
Using this formula
ROE = Profit margin*Total asset turnover*Equity multiplier
Let plug in the formula
ROE=5.6*1.5*1.46
ROE=12.26
Therefore the ROE will be 12.26
Write a report to senior management why you believe that a cloud-based B2B solution is best for your firm.
Answer
Hello, the question seems to be asking for one to justify why cloud-based B2B solutions should be adopted rather than another kind of solution. However, the background leading up to this comparison, and the reason why we are justifying one of the solutions above another is not clearly indicated.
We can however make certain assumptions.
Assuming there was a loss of revenue by your company resulting from poor communication between the company and its supply chain, it could potentially lead up to the conversation where a solution is being contemplated.
Explanation
So if a cloud-based Business to Business solution is under consideration, here are possible reasons why the company can opt for the same.
A) Ease of Communication: It will give direct communication and access between your firm and its supply chain. Thus making for faster and real-time decision making. It will make the connection and collaboration between partner firms easier. It will also make building, and managing your partner business ecosystems easier.
B) Cheaper Solutions: Cloud-based business to business solutions are more robust yet cheaper than having an inbuilt inhouse business solution.
C) Flexibility and Scalability: With a cloud-based solution, your company does not need to invest money in the acquisition and maintenance of permanent servers, systems, and storage capacity which all increase as the business expands. Instead, you can opt for more or less space or computing power with the service provider based on your organization's needs.
Unlike owned B2B solutions, you cannot descale because that would mean selling off some of your hardware. But this is totally possible with cloud-based solutions.
D) Competitive Agility: It is important to note that many successful enterprises use cloud-based Business to Business solutions such as Asada, IBM, Basecamp, Descartes, etc. So to remain relevant within its industry, your company should consider the use of cloud-based B2B solutions.
E) Risk Reduction: When your company owns it's own IT infrastructure, there will always be the risk of having to deal with downtimes. This can happen due to Natural disasters such as floods, hurricanes, etc. There are also power outages or equipment failures etc. By outsourcing this component of your company's operation, the risks are also outsourced.
Cheers
A g drought ravaged crops across the United States during the summer of 2012. What is the likely impact of this drought on the price of corn
Answer: Increase
Explanation:
The price of corn will increase sharply due to the relative scarcity of corn in the market.
Graphically depicted, the Supply curve will shift to the left due to reduction in supply of corn brought upon by the drought. It will then intersect with the demand curve to bring about a new equilibrium price with a higher price.
if you invest $200 the end of each month over the next 20 years in a mutual fund that has a nominal annual rate of 12% how much will you get at the end of 20 years
Answer:
I will get $197,851 at the end of the 20 years.
Explanation:
Note: It is assumed the interest is compounded monthly
Use the following formula to calculate the amount to be received after 20 years
Future value of annuity = Annuity payment x ( ( ( 1 + periodic interest rate )^ Numbers of periods ) - 1 ) / periodic interest rate )
Where
Annuity Payment = $200 monthly
Periodic Interest rate = Nominal Interest rate / Numbers of periods in a year = 12% / 12 months = 1%
Numbers of periods = Numbers of years x Numbers of periods in a year = 20 years x 12 months = 240 months
Placing values in the formula
Future value of annuity = $200 x ( ( ( 1 + 1% )^240 ) - 1 ) / 1% )
Future value of annuity = $197,851.07
Future value of annuity = $197,851
Discuss the causes of changes in a currency swaps value over time. Is it possible to close out a currency swap before it reaches maturity
Answer: When a swap is agreed on by both parties involved, a cash flow of bonds in different currencies are agreed upon to be exchanged.
Explanation:
The cash flows of two bonds in separate currencies are negotiated upon to be traded when a swap is initiated. At the existing spot exchange rate, these bond-like cash flows have the same present value. Evidently, shifts in the exchange rate change the value of one side of the swap relative to the value of the other side of the swap. Furthermore, interest rate rises reduce the present value of currency.
The current value of cash flows is increased by flows and decreases in interest rates. Changes in interest rates and exchange rates thus offer meaning to currency swaps.
One side is triumphant and the other loses. By making the party that lost money in the swap pay this amount to the party that has gained value in the swap, it is possible to close a swap.
A company is considering an investment in a machine that it believes will speed up production of a product. The machine will cost the company $. Products produced using the machine will sell for $ per unit. The variable cost per unit incurred producing the product is believed to be $. What quantity of sales is required for the company to break even if it purchases the machine?
Answer:
133,334 units
Explanation:
Note : I have attached the full question below
Break even point is the level at which a company makes neither profit nor a loss.
Break Even (units) = Fixed Cost ÷ Contribution per unit
Where,
Contribution per unit = Unit Selling Price - Unit Variable Cost
= $ 25 - $10
= $15
Therefore,
Break Even (units) = $ 2,000,000 ÷ $15
= 133,334 units
Describe the role of information technology in globalization.
Answer:
Information technology facilitates the effortless exchange of information across borders, as well as the expansion of resources from countries all across the world. This expansion leads to new ideas and products, as well as new ways of doing business.
Explanation:
make it braintliest please
The use of real property that is changed or prohibited by a subsequent zoning regulation is known as a:
Answer:
A nonconforming use.
Explanation:
The use of real property that is changed or prohibited by a subsequent zoning regulation is known as a nonconforming use.
This ultimately implies that, when a property is allowed to be used legally under the zoning regulations (ordinances) during the period it was established but no longer permitted for use, as a result of subsequent change made by a prior owner or in the zoning regulations (ordinances).
Discuss how expatriates experience reverse culture shock in the repatriation process. What can companies do to help expatriates continue to be part of their home communities? If you were going through the repatriation process, what would you want the company to do for you and your family?
Answer:
fvsvfdc
Explanation:
