Answer and Explanation:
The journal entries are shown below:
a.
Work in process inventory ($4,640 + $5,510 + $6,612 + $12,760 + $18,270) $47,792
Factory Overhead $12,500
Factory Wages $60,292
(being the factory labor cost is recorded)
b.
Work in process inventory ($47,792 ÷ 29 × 23) $37,904
To Factory Overhead $37,904
(being the factory overhead applied to production is recorded)
Mayweather reports net income of $317,500 for the year ended December 31. It also reports $100,200 depreciation expense and a $10,750 loss on the sale of equipment. Its comparative balance sheet reveals a $43,200 increase in accounts receivable, a $10,950 decrease in prepaid expenses, a $16,450 increase in accounts payable, a $13,500 decrease in wages payable, a $80,500 increase in equipment, and a $107,500 decrease in notes payable. Calculate the net increase in cash for the year.
Answer:
$211,150
Explanation:
Operating Activities
Net Income $317,500
Adjustment for :
Depreciation $100,200
Loss on Sale of equipment $10,750
Changes in working capital items :
Increase in accounts receivable ($43,200)
Decrease in prepaid expenses $10,950
Increase in accounts payable $16,450
Decrease in wages payable ($13,500)
Investing Activities
Increase in equipment ($80,500)
Financing Activities
Decrease in notes payable ($107,500)
Movement during the year $211,150
therefore,
the net increase in cash for the year is $211,150
A company provides two applications to its employees. The first application is managed by the Accounting department, and allows employees to submit expense reports for reimbursement. The second application is managed by the IT department, and allows employees to submit support tickets for IT-related issues.
Both applications require a data element to track the status of cases. Select the best strategy for implementing this requirement.
1) Create one data element in the org layer for both applications to use.
2) Check the inheritance path to determine if an appropriate data element is already available.
3) Create one data element in the class group layer for both applications to use.
4) Create a data element for each case type, because they may use different status values.
Answer:
1. Create one data element in the org layer for both applications to use.
Explanation:
The organizations have different layers of hierarchy. Employees are able to discuss their issues and report their problems to the relevant personnel. When expense reports are submitted to the accounts department for reimbursement, the access should be limited to relevant personnel only. There should be one data element application in which all employees should submit their reports.
negative impact of the coronavirus as one of the socio-economic issue on businesses
Answer:
Explanation:
Tye negative impact of the coronavirus is that:
1. Unemployment: A negative effect of the virus is the increase in unemployment. Since, people were informed to stay at home, this hindered people from performing their normal activities. Since there was less money in circulation, this led to loss of jobs.
2. Pressure on Health and medical systems: Due to the spread of the virus, there were pressures on hospitals, clinics etc.
3. Negative effect on economic growth. There was a decrease in the demand of goods and services which in turn, had a negative effect on economic growth.
4. Deaths
Briefly describe the involvement of a sport management and marketing agency in client marketing and product endorsement.
Answer:
The involvement of a marketing agency in the client's sports management and product endorsement is due to the need for an external agency to develop events and marketing campaigns that appeal to the potential audience, so that there is the possibility of marketing sports products with strategic effectiveness and profitability.
Which is NOT a characteristic of a successful entrepreneur?
Answer: Procastination, not being innovative
Explanation:
There many characteristics that are not traits of a successful entrepreneur;
- Laziness and procastination; an entrepreneur is one who doesn't give in easily regarding laziness or procastination
- Inability to innovative; what makes an entrepreneur standout is innovation most times, doing things differently from the rest leads to success
Answer:
Ambiguous
Explanation:
You don't need to be ambiguous to be be successful.
A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is a(n) ______; a tax on all oil imported into the United States, which is implemented to raise money for the U.S. government, is a(n)
A. import barrier; income tariff
B. embargo agreement; income tariff
C. quota tariff; revenue tariff
D. revenue tariff; protective tariff
E. protective tariff; revenue tariff
Answer:
E. protective tariff; revenue tariff
Explanation:
In an international trading, the protective tariff is defined as the tariff that is made to protect the domestic production from the from the foreign competition. This is done by raising the price of the goods that are imported to the United States.
A revenue tariff is defined as the tariff that is imposed on imported goods and is imposed mainly to increase the revenue of the government and not to provide protection to the domestics production or domestic industries.
Thus, in the context, the automobiles which are imported to the US is the protective tariff and the palm oil imported to the US to raise the government revenue is called a the revenue tariff.
A woman purchased a new refrigerator from an appliance store. Two weeks later, she sold the refrigerator to her son, who had just moved into a townhome. Soon afterwards, the thermostat in the freezer malfunctioned. The son contacted an independent service technician, who installed a new cooling panel. One month later, the freezer stopped working again, this time causing all the frozen food and ice to melt and damage a hardwood floor. The son contacted the appliance store, which informed the son that the technician had installed a cooling panel designed for an older model refrigerator. The appliance store then proceeded to install the proper cooling panel at no charge, and the appliance worked properly after that. The son brought a products liability action based on strict liability against the appliance store for the damage caused to his hardwood floor. Assume the parties stipulate to the above facts. Both parties have moved for a directed verdict. Should the court grant either of the motions
Answer: The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.
Explanation:
Based on the information given and assuming that both parties have moved for a directed verdict, then the court should not grant either of the motions.
The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.
Imagine the labor force of the United States numbers 157 million persons. There are 8 million jobless persons actively looking for work. There are 6 million involuntary part-time workers. There are 600,000 jobless persons not looking for work because they believe no jobs are available to them.Given these conditions, what is the official unemployment rate in the United States
Answer: = 5.10%
Explanation:
The unemployment rate includes only those who do not have a job but are actively searching for one. People working part time are considered employed when calculating the unemployment rate.
In this case, only the 8 million jobless people looking for jobs will be classified as unemployed.
Unemployment rate = Number of unemployed / Number of people in labor force * 100%
= 8,000,000 / 157,000,000 * 100%
= 5.10%
The drawee is the
Question 4 options:
person who writes the check.
person who reconciles the account.
bank with which the drawer has an account.
person to whom the check is payable.
Answer:
C
Explanation:
The drawee is the bank with which the drawer has an account.
Important! 40 Points for those who answer!
Drag the tiles to the boxes to form correct pairs.
Match the given situations to the factors that affect global trade.
Tiles
India’s economy is strong
India’s currency has strengthened compared to China’s
India’s currency is weaker than China’s
India’s weaker currency has allowed more exports
India’s currency has not increased or decreased in value
Pairs
India stops purchasing goods from China because goods are too expensive
China increases sales in India because demand has increased
India cannot sell goods to China because they are more expensive this year
Norah’s Chinese shoe factory had to close because cheaper shoes are now being imported from India.
The price of India’s imported goods have remained consistent last year
You click on a job and see that you have a “Connection” at that company. Brainstorm 1-2 steps you might want to take with this connection if you are interested in applying. Explain your reasoning.
Answer:
make a resume and get an application to apply
Explanation:
If any person are the applying, the job as the scene to the connection of the company as the add-on the reference as the on the resume.
What is job?
The term "job" refers to employment with a certain company. A job is also known as the amount of money that a corporation pays its employees. The employment has provided the opportunity to pursue a career. A job provides financial assistance as well as experience. There are four types of people: producers, builders, thinkers, and improvers.
A person is the need of the job. To search the job are the seen the connection of the company are with the help of the resume to take to apply as the lastly add-on the reference. The reference was the important in the resume to apply for the job are the easily to grab the opportunities.
As a result, a person is to apply for the job.
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Assume, for Taiwan, that the domestic price of soybeans without international trade is lower than the world price of soybeans. This suggests that, in the production of soybeans, a.Taiwan has a comparative advantage over other countries and Taiwan will export soybeans. b.other countries have a comparative advantage over Taiwan and Taiwan will export soybeans. c.Taiwan has a comparative advantage over other countries and Taiwan will import soybeans. d.other countries have a comparative advantage over Taiwan and Taiwan will import soybeans
Answer:
a. Taiwan has a comparative advantage over other countries and Taiwan will export soybeans
Explanation:
In the case when the domestic price is less as compared to the world price so here it means the taiwan would have the comparative advantage over the other countries due to this the taiwan would export the soybeans
So as per the given situation, the option a is correct
And, the same should be considered and relevant
Two examples of the learning and innovation measures of a balanced scorecard are A. Employee turnover rate and number of internal process improvements. B. Employee training hours and product defect rates. C. Employee promotion rate and number of environmental incidents. D. Number of employee suggestions and finished products per day per employe
Answer:
A. Employee turnover rate and number of internal process improvements.
Explanation:
The balanced scorecard refers to the strategic planning and management system. The motive of use this is to align the day to day work so that everyone could follow the strategy and according to that the task should be completed on time or before time. It also measured and monitonered the progress for the targets sets by the company
So for learning and innovation, the employee turnover rate and the improvement made for no of internal process should be considered
Registered Representatives would be liable for damages in the use of material, non-public information in all of the following situations except: (A) The representative decides not to share the information and does not trade based on the information (B) The representative decides not to share the information with others but does make trades in his personal only (C) The representative trades using the information after notifying officers of the firm (D) The representative decides not to trade using the information but shares the information with others who do use the information for trading purposes.
Answer: (A) The representative decides not to share the information and does not trade based on the information.
Explanation:
The use of material, non-public information in securities trade is called insider trading and creates an unfair advantage and so is illegal under any circumstances and considered a violation of the Insider and Trading Fraud Enforcement Act of 1988.
A Registered Representative would therefore only be liable for no damages if they never trade on material, non-public information because if they are found to, regardless of the reason, they will incur damages.
Client-server architectures:
a. cannot connect computers that use different hardware
b. are one of the least used network architectures today
c. can use middleware to provide a standard way of communicating between software from more than one vendor
d. assign the responsibility for the presentation logic to the server
e. were the earliest type of network architectures
Answer:
c. can use middleware to provide a standard way of communicating between software from more than one vendor
Explanation:
Client-server architecture refers to the architecture where there are various clients that request and received the services from the server i.e. centralized. It also provides an interface to permit the computer user in order to request the service with regard to the server and according to that the results are displayed
So as per the given situation, the correct option is c. as it also applied as the middleware so to provide the way of communication that lies between the software from having minimum of one vendor
When all other factors remain the same, the law of demand tells us that: An increase in your income causes you to buy more hamburgers An increase in the price of peanut butter causes the quantity demanded of jelly to fall. An increased quantity demanded of bread causes the price of bread to fall. A decrease in the price of gas causes the quantity of gas to increas
Answer:
An increase in your income causes you to buy more hamburgers.
Explanation:
An increase in your income causes you to buy more hamburgers.
Option "A" is correct because the increase in income exhibits an increase in purchasing power. Moreover, there is a positive relationship between the income the demand for normal goods which means if the income rises, then the demand rises. If the income falls, then demand for goods also falls. Therefore, option "a" is right.
Maya got a job transfer from Italy to New York. After working for some time in New York, she started to understand the mental models held by her colleagues from other cultures, as well as their emotional experiences in a given situation. Furthermore, she started to effectively use words and behaviors that were compatible with the local culture of New York. Which of the following features of a global mindset occurred in Maya's life?
A. The capacity to judge the competence of others by their national or ethnic origins.
B. The ability to develop more of a parochial than a global frame of reference about their business.
C. The capacity to empathize and act effectively across cultures.
D. The ability to process complex information about familiar environments.
Answer:
C. The capacity to empathize and act effectively across cultures.
Explanation:
Since in the question it is mentioned that the use the words and behavior that are compatible with the new york local culture so here the global mindset that arise in her life represent the attribute with related to the capacity for empathizing and it act effectively over and across the culture
so as per the given situation, the option c is correct
Explain how an investor makes money by investing in bonds
Answer:
Financial investors earn money through the purchase of bonds, be these public (of countries or states) or private (that is, of companies) through speculation regarding the rise or fall of their value with respect to the purchase value, as well as with the interest that these bonds accrue periodically.
Thus, if the bond rises in value due to a good economic performance by the issuer, investors can sell it and make a profit, or even buy bonds at times of low values, expecting increases.
unscramble the message:
1 4M n07 s4D B|_|7 1 4M n07 h499y 317H3r. 1 4M D399R3$$3|)
Answer:
"I am not sad (b-word) I am not happy either. I am depressed"
Explanation:
Hope this helps?
What does the Federal Reserve System do?
O A. It enforces due process rights.
O B. It tries to maximize employment and minimize inflation.
O C. It sets up trade agreements.
O D. It manages intellectual property rights.
Answer:
B
Explanation:
even though p people think they're one of the bad guys
Federal Reserve System tries to maximize employment and minimize inflation. Thus, option B is correct.
What is Federal Reserve System?There is no owner of the Federal Reserve System. The Federal Reserve Act established it in 1913 with the purpose of acting as the country's central bank. The Board of Governors is a federal institution that directly answers to and is answerable to Congress.
The Federal Reserve normally boosts lending rates to slow the economy and reduce price inflation when it is out of control.
The Fed argues that by preserving price stability, this inflationary target fosters a stable economic environment that can support the objective of achieving full employment. Both individuals and companies can make the longer-term financial decisions required for steady economic growth when prices are stable.
Therefore, option B is correct.
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Starling Manufacturing Inc. has carefully set up strict specifications for raw materials that are sourced from suppliers. It follows a three-step approval process to select new suppliers and ensures that they are aware of raw material specifications. This is an example of: Question 1 options: concurrent control feedforward control feedback control clan control bureaucratic control
Answer: feedforward control
Explanation:
When using feedforward control, the emphasis is on preventing problems before they occur which means that it involves implementing measures that ensure that potential problems do not occur.
Starling Manufacturing is following this strategy here because they are making sure that their suppliers know their raw material specifications so that problems related to raw material acquisitions are limited.
Who is the world 2nd world richesten?
The Z−90 project being considered by Steppingstone Incorporated (SI) has an up-front cost of $250,000. The project's subsequent cash flows are critically dependent on whether another of its products, Z−45, becomes an industry standard. There is a 50% chance that the Z−45 will become the industry standard, in which case the Z−90's expected cash flows will be $110,000 at the end of each of the next 5 years. There is a 50% chance that the Z−45 will not become the industry standard, in which case the Z−90's expected cash flows will be $25,000 at the end of each of the next 5 years. Assume that the cost of capital is 12%. Refer to data for Steppingstone Incorporated. Based on the above information, what is the Z−90's expected net present value? Group of answer choices−$6,678 −$3,251 $15,303 $20,004 $45,965
Answer:
The right solution is Option a (-$6,678).
Explanation:
Given that:
Up-front cost,
= $250,000
Expected cash flows,
= $110,000
Assuming cost of capital,
= 12%
Now,
The expected net present value will be:
= [tex]250000+0.5\times (110000+25000)\times \frac{1}{12 \ percent}\times (1-\frac{1}{1.12^5} )[/tex]
= [tex]250000+0.5\times (135000)\times \frac{1}{12 \ percent}\times (1-\frac{1}{1.12^5} )[/tex]
= [tex]-6,678[/tex] ($)
what should i say if A customer is looking for a specific brand that the job does not sell?
An e-commerce application is using a fanout messaging pattern for its order management system. For every order, it sends an Amazon SNS message to an SNS topic, and the message is replicated and pushed to multiple Amazon SQS queues for parallel asynchronous processing. A Spot EC2 instance retrieves the message from each SQS queue and processes the message. There was an incident that while an EC2 instance is currently processing a message, the instance was abruptly terminated, and the processing was not completed in time. In this scenario, what happens to the SQS message?
rrafuiaafahfrffafafa
Explanation:
ffafafa
The marketing team of Kyns Technologies needed more funds to carry out market research for one of its new products. The research and development team also needed funds to improve the company's existing products. The teams decided to split the company's funds so that both teams could use them, but not optimally. Which of the following concepts does this scenario illustrate? A. Despotism B. Compromise C. Repression D. Domination
Answer: compromise
Explanation:
Compromise refers to a scenario whereby a deal is made between different parties and in such scenario, each party gives up part of their demand. It simply means finding agreement through communication.
Since despite the need of the marketing team and the research team, both teams decided to split the company's funds so that both teams could use them, but not optimally. This is referred to as compromise.
Answer:
Compromise
Explanation:
When agreement is made or a conclusion is reached between tow different parties or wings, such that each of the agreeing parties has to shelve a certain part of its plans or demand in other to reach a reasonable conclusion. This idea shelving or cutting down on intention or projects by each party is called compromise. In the scenario, both the marking and research and development teams needed funds, however, due to inadequate provision, they had to agree on rationing what is available even though an optimal usage would be very unlikely.
what is the impact of Corona virus as one of the socio economic issues on businesses
Answer:
The CO.VID-19 pandemic produced a wide variety of types of effects worldwide, especially from spring 2020. Many people got sick and died from CO.VID-19. The fear that they themselves or people for whom they feel responsible would share this fate seized the population, scientists and politicians worldwide. There was a need for action from the development of the number of newly infected and deceased, from the economic crisis 2020/21, from a problematic development of social structures, from psychological stress on the Individuals and from further effects. In addition to concerns about people's lives and health and the resilience of the economy, there was also concern that the population could be deprived of basic rights for longer than justified by the pandemic.
Which is considered unempolyed? help asap
Answer:
A person not holding a job but actively looking for one.
Explanation:
Unemployment refers to a phenomenon in which part of the labor force is unemployed. It is a feature of today's Western industrial society, and unemployment traditionally refers precisely to the lack of paid employment.
The main disadvantages of unemployment are typically the decline in living standards, the loss of interpersonal and social status brought about by work, and the increase in feelings of economic and social insecurity. Many unemployed people also find it anxious that some people are openly contemptuous of the unemployed. In addition, many people like their jobs, so they also lose the satisfaction of work with unemployment. Stress can also increase due to the limited job opportunities available and the discouraging effect of negative responses to job applications. As living standards fall, the share of unpaid compulsory domestic work may also increase significantly.
Arrow Industries employs a standard cost system in which direct materials inventory is carried at standard cost. Arrow has established the following standards for the direct costs of one unit of product.
Standard Standard Standard
Quantity Price Cost
Direct materials 8 pounds $1.80 per pound $14.40
Direct labor 0.25 hour $8.00 per hour 2.00
Total $16.40
During May, Arrow purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for May were $42,000, 90 percent of which were for direct labor. Arrow manufactured 19,000 units of product during May using 142,500 pounds of direct material and 5,000 direct labor hours.
a. Calculate the direct materials price variance for May.
b. Calculate the direct materials quantity variance for May.
c. Calculate the direct labor wage rate variance for May.
d. Calculate the direct labor efficiency variance for May.
Answer:
the answer is c!!!!
A business owner paid cash for employee wages. This activity would be reported on the Statement of Cash Flows as a.as a subtraction under the operating activities section. b.an addition under the financing activities section. c.as a subtraction under the investing activities section. d.a subtraction under the financing activities section.
Answer:
bygg gg
Explanation:
