Answer: B. by helping build connections between Slice of Life Pizza and its customers
Explanation:
Traditional marketing involves push advertising which means that the advertising is simply shown to people and their input is not considered. For instance, advertising using newspapers and television.
Social media campaigns on the other hand, connect companies to their customers as customers will be able to engage the company through comments and the like. Customers would feel like they are closer to the company because they will be able to interact with them and express grievances or suggestions.
The traditional advertising in favor of a social media campaign using various social media technologies help Slice of Life Pizze by helping build connections between Slice of Life Pazand its customers.
According to this question, we are to discuss about how Life Pizze is been helped by campaign using various social media technologies.
As a result of this , we can see that , it help Life Pizze by helping build connections between Slice of Life Pazand its customers, hence great sales.
Therefore, option B is correct.
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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400. The machine's useful life is estimated at 10 years, or 394,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 33,400 units of product.
Required:
Determine the machineâs second-year depreciation and year end book value under the straight-line method.
Answer:the machine’s second-year depreciation and year end book value under the straight-line method is $3,990 and$40,420 respectively.
Explanation:
Straight line depreciation is calculated as
Depreciation= Initial value – salvage value / useful life
Depreciation=($48,400- $9,000)/10=$3,990
The depreciation expense each year would be $3990
Book value = Cost of asset- accumulated deprecation
Book value = Cost of asset - (2 years x depreciation)
= $48,400- (2 x $3,990)
= $40,420
Therefore, the machine’s second-year depreciation and year end book value under the straight-line method is $3,990 and$40,420 respectively.
A cost is considered controllable at a given level of managerial responsibility if Group of answer choices it is a variable cost, but it is uncontrollable if it is a fixed cost. it changes in magnitude in a flexible budget. the cost has not exceeded the budget amount in the master budget. the manager has the power to incur the cost within a given time period.
Answer:
the manager has the power to incur the cost within a given time period.
Explanation:
A cost can be defined as an amount of money that is incurred by a business firm to create goods or services for its customers.
Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
In Financial accounting, a fixed cost can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities, etc.
On the other hand, variable costs can be defined as expenses that are not constant and as such usually change directly and are proportional to various changes in business activities. Some examples of variable costs are taxes, direct labor, sales commissions, raw materials, operational expenses, etc.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, a cost is considered controllable at a given level of managerial responsibility, if the manager has the power to incur the cost within a given time period. Thus, he or she can control a cost if it can be incurred within a specific period of time.
Complete the following table:
Exhibit 15-1 Disposable income and consumption data Income (Y) Change in Disposable Income Consumption (C) 0 500 1,000 1,000 1,400 2,000 1,000 2,200 3,000 1,000 2,900 4,000 1,000 3,500 5,000 1,000 4,000 In Exhibit 15-1, when disposable income is increased from $2,000 to $3,000 to $4,000,
Answer: e. the marginal propensity to consume decreases from 0.7 to 0.6
Explanation:
Calculate the marginal propensity to consumer when the disposable income is increased from $2,000 to $3,000 to $4,000.
The Marginal propensity to consume is calculated by the formula:
= Change in consumption / Change in income
When disposable income increased from $2,000 to $3,000.
= (2,900 - 2,200) / (3,000 - 2,000)
= 0.7
When disposable income increased from $2,000 to $3,000.
= (3,500 - 2,900) / (4,000 - 3,000)
= 0.6
The marginal propensity to consume decreased from 0.7 to 0.6.
The unit quantity standard of a product is 3 pounds per package, and the unit quantity standard for machine hours is 0.40 hours per package. During August, 210,000 packages were produced. 440,000 pounds and 85,000 hours were used in production. How many pounds and how many machine hours should have been used for the actual output
Answer:
The pounds of materials should have been
= 630,000 pounds.
The machine hours should have been
= 84,000 hours.
Explanation:
a) Data and Calculations:
Standard materials per package = 3 pounds
Standard machine hours per package = 0.40 hours
Actual production units during August = 210,000 units
Actual materials used = 440,000 pounds
Actual machine hours used = 85,000 hours
Standard materials = 630,000 pounds (210,000 * 3)
Standard machine hours = 84,000 hours (210,000 * 0.40)
Relevant Range and Fixed and Variable Costs
Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 61,600 to 100,800 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
Components produced 61,600 79,200 100,800
Total costs:
Total variable costs . . . . . . . . . $19,712 (d) (j)
Total fixed costs . . . . . . . . . . . . 22,176 (e) (k)
Total costs . . . . . . . . . . . . . . . . . $41,888 (f) (l)
Cost per unit:
Variable cost per unit . . . . . . . (a) (g) (m)
Fixed cost per unit . . . . . . . . . . (b) (h) (n)
Total cost per unit . . . . . . . . . . (c) (i) (o)
Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar.
Cost Report
Components produced 61,600 79,200 100,800
Total costs:
Total variable costs $19,712 (d) $ (j) $
Total fixed costs 22,176 (e) (k)
Total costs $41,888 (f) $ (l) $
Cost per Unit
Variable cost per unit (a) $ (g) $ (m) $
Fixed cost per unit (b) (h) (n)
Total cost per unit (c) $ (i) $ (o) $
Answer:
Variable cost per unit is constant.
Total fixed cost is constant.
Explanation:
Calculate the current price of a $1,000 par value bond that has a coupon rate of 6 percent, pays coupon interest annually, has 27 years remaining to maturity, and has a current yield to maturity (discount rate) of 15 percent. (Round your answer to 2 decimal places and record without dollar sig
Answer: $413.81
Explanation:
Price of a bond = Present value of coupon payments + Present value of face value
Coupon is a constant payment so is an annuity.
Coupon = 6% * 1,000 = $60
Price of bond = Present value of annuity + Present value of face value
= (Coupon * Present value interest factor of annuity (PVIFA), 27 periods, 15%) + (Face value / (1 + rate) ^ number of periods)
= (60 * 6.514) + (1,000 / (1 + 15%)²⁷
= $413.81
A government began 2013 with a budget deficit and a trade deficit. During the year, the government changed its policy and is now running a budget surplus. If all other factors hold constant, this change in policy will cause:
Answer:
the exchange rate and the trade deficit to decrease.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected or required value.
Generally, deficit in financial accounting is usually as a result of expense exceeding revenue or revenue falling below expenses at a specific period of time.
For instance, when liabilities exceeds assets or import exceeds export there would be a deficit in the financial account.
Generally, a deficit on the current account ultimately implies that the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
In 2013, government began with a budget deficit and a trade deficit. During the year, the government changed its policy and is now running a budget surplus.
Hence, this change in policy will cause the exchange rate and the trade deficit to decrease if all other factors hold constant
Geraldo is a customer care executive at a telecommunications service provider. He receives a complaint from a customer about an unnecessary $20 charge on his phone bill. If the company follows the customer service management process, Geraldo is most likely to _____.
Answer:
Provide a quick response to the customer using customer care software.
Explanation:
Software Programs
This is simply regarded as a service tool or software distribution model where software applications are hosted by a vendor or service provider and made available to customers over a network that is often the internet.
There are some of the software that is available. They includes the following:
Inventory managementReceivingStore Replenishment POS etc.Marketing Channel
This is used by individuals and firms involved in making a product or service available for use or consumption by consumers or industrial users.
If the price exceeds the average variable cost but is less than the average total cost, a firm Group of answer choices should further differentiate its product. is making some profit but less than maximum profit. should stay in business for a while longer until its fixed costs expire. should shut down
Answer:
should stay in business for a while longer until its fixed costs expire.
Explanation:
price exceeds the average variable cost, the firm should continue to operate in the short run
If price is less than the average total cost in the long run, the firm should exit in the long run
To which of the following would a
business most commonly owe a
debt?
A. To employees
B. To investors
C. To customers
D. All of the Above
Copyright © 2003 - 2021 Acellus Corporation. All Rights Reserved.
Answer:
the answer is D it is the right answer
Bluegill Company sells 14,000 units at $240 per unit. Fixed costs are $168,000, and operating income is $1,176,000. Determine the following:
a. Variable cost per unit.
b. Unit contribution margin.
c. Contribution margin ratio.
Answer:
a. Variable cost per unit:
= (Sales - Fixed costs - Operating income) / number of units sold
= ((14,000 units * 240) - 168,000 - 1,176,000) / 14,000
= 2,016,000 / 14,000
= $144 per unit
b. Unit contribution margin:
= Selling price - Variable cost per unit
= 240 - 144
= $96
c. Contribution margin ratio:
= Unit contribution margin / Selling price
= 96 / 240
= 40%
All That Blooms provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
Depreciation $1,224 per month
Advertising $153 per month
Insurance $1,683 per month
Weed and feed materials $10 per lawn
Direct labor $8 per lawn
Fuel $2 per lawn
All That Blooms charges $50 per treatment for the average single-family lawn.
Determine the company
Answer and Explanation:
The computation is shown below:
Total fixed costs is
= depreciation + advertising + insurance
= 1224 + 153 + 1683
= $3060 per month
Now
Total variable cost per unit
= weed + direct labor + fuel
= 10 + 8 + 2
= $20/ per lawn
Now
Contribution margin ratio = (sales per unit - variable cost per unit) ÷ sales per unit
= ($50 - $20) ÷ 50
= 60%
Now
Breakeven sales is
= fixed costs ÷ contribution margin ratio
= $3,060 ÷ 60%
= $5100
And,
Breakeven sales units is
= breakeven sales ÷ sales per unit
= 5100 ÷ 50
= 102 lawns
Suppose money invested in a hedge fund earns 1% per trading day. There are 250 trading days per year. What will be your annual return on $100 invested in the fund if the manager allows you to reinvest in the fund the 1% you earn each day
Refer to the supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price and quantity would be: Group of answer choices $3,000 and 7,000. $2,000 and 11,000. $5,000 and 2,000. $4,000 and 4,000.
Answer:
$3,000 and 7,000
Explanation:
Please find attached the table used in answering this question
Equilibrium price is the price at which quantity demand equal quantity supplied.
Equilibrium quantity is the quantity that equates quantity demand with quantity supplied.
Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.
Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached
A price-cutting tactic may backfire if
Question 4 of 10
Which situation best illustrates the process of capital formation?
O A. A farmer increases his profits by growing a variety of new crops.
B. An artist buys bonds that will increase in value over time.
C. An engineer tries to limit her spending during the week.
O D. A factory worker takes out a high-interest loan to buy a new home.
SUBMIT
Answer:
I think it is B
Explanation:
Answer:
an artist buys bondss that will increase in value over time.
Explanation:
took the test. UwU
Exercise 9-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows $145,000 cash on December 1 of the current year by signing a 90-day, 9%, $145,000 note. 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity.
Answer:
Keesha Co.
1. The date on which this note matures is February 28.
2. Interest expense for the current year is:
= $1,108
3. Interest expense for the following year is:
= $2,109
4. Journal Entries:
December 1:
Debit Cash $145,000
Credit Notes Payable $145,000
a) To record the issuance of the 90-day, 9% notes payable.
December 31:
Debit Interest Expense $1,108
Credit Interest Payable $1,108
b) To accrue interest expense.
February 28:
Debit Notes Payable $145,000
Debit Interest Payable $1,108
Debit Interest Expense $2,109
Credit Cash $148,217
To record the payment of the note at maturity.
Explanation:
a) Data and Calculations:
Notes Payable on December 1 = $145,000
Interest rate on the note = 9%
Duration of note = 90 days
December 1
Plus 90 days
= February 28
Interest expense for the current year = $1,108 ($145,000 * 9% * 31/365)
Interest expense for the following year = $2,109 ($145,000 * 9% * 59/365)
Analysis:
December 1:
Cash $145,000
Notes Payable $145,000
December 31:
Interest Expense $1,108
Interest Payable $1,108
February 28:
Notes Payable $145,000
Interest Payable $1,108
Interest Expense $2,109
Cash $148,217
In the small country of Economerica, there are 6 thousand people employed, 1 thousand people unemployed, and 3 thousand people of working age not included in the labor force. One thousand students graduate from the university and seek jobs in the country, but not one graduate is able to find one. Half of the new graduates believe there is no chance of finding a job and return home to live with their parents. Ceteris Paribus, what would the new unemployment rate be in Economerica?
A. 14.29%
B. 20.00%
C. 25.00%
D. 45.45%
Answer: B. 20.00%
Explanation:
Unemployment rate does not include those who have given up on finding a job.
Unemployment rate = Unemployed people / Labor force
Unemployed people:
= Original unemployed + half the new graduates
= 1,000 + (1,000 / 2)
= 1,500 people
Labor force:
= Unemployed + employed people
= 1,500 + 6,000
= 7,500 people
Unemployment rate:
= 1,500 / 7,500
= 20%
A property line conflict between neighbors Prakhash and Elliott escalated as the years went on. The police were called frequently to deal with loud arguments and acts of vandalism between the two until Officer Graves referred them to a community mediation center. In the two weeks since the mediation, the number of calls to police had dropped. Officer Graves contacted Martin, the mediator, and asked if she should consider the conflict resolved. Martin replied that the parties had agreed to meet again for another mediation session, but that the matter of the property line remained a point of tension.
The next day, Graves called the mediation center to tell Martin that Prakhash and Elliott had had a physical altercation, and both were charged with assault.
Which of the following best describes the status of the conflict now?
a) the conflict was resolved
b) the conflict is in the post-conflict stage
c) the conflict re-escalated
d) the conflict de-escalated
The answer to this question is that the conflict re-escalated
A conflict can be described as a very serious disagreement on ideas or interests that can linger on for a long period of time if not resolved.
Re-escalation means that the conflict started to get very serious again even after a mediator stepped in.
Because a mediator party had already stepped into the case and they were already trying to resolve issues, a physical altercation means that it re-escalated.
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Draus Products Company uses activity-based costing to compute product costs for external reports. The company has three activity cost pools and applies overhead using predetermined overhead rates for each activity cost pool. Estimated costs and activities for the current year are presented below for the three activity cost pools.
Estimated Overhead Cost Expected Activity
Activity #1 $60,048 4,800
Activity #2 $58,656 2,400
Activity #3 $130,324 4,400
Actual costs and activities for the current year were as follows.
Actual Overhead Cost Actual Activity
Activity #1 $59,798 4,830
Activity #2 $58,476 2,370
Activity #3 $130,234 4,450
The total amount of the debits to the manufacturing overhead during the year was closest to:__________.
a. $248,508.
b. $248,988.
c. $250,334.
d. $251,110.
Answer:
a. $248,508.
Explanation:
The calculation of the total amount of the debits to the manufacturing overhead during the year is given below:
Total Amount of Debits should be
= Actual Overhead Cost
= $59,898 + $58,476 + $130,324
= $248,508
Hence, the total amount of the debits to the manufacturing overhead during the year is $248,508
Therefore the correct option is a.
Ayayai Corp. redeemed $158,000 face value, 12% bonds on April 30, 2022, at 102. The carrying value of the bonds at the redemption date was $142,674. The bonds pay annual interest, and the interest payment due on April 30, 2022, has been made and recorded.
Required:
Prepare the appropriate journal entry for the redemption of the bonds.
Answer and Explanation:
The journal entries are given below:
On 30-Apr
Bond Payable [$158,000] 158,000
Loss on Bond redemption [$161,160 - $142,674] 18,486
Discount on bonds payable 15,326
Cash [$158,000 × 102%] 161,160
[being the redemption of the Bond is recorded]
Here the bond payable and loss is debited as it decreased the assets and increased the losses and credited the cash & discount on bond payable
Provided other eligibility requirements are met, who is eligible for Medicare?
Answer:
Generally, Medicare is available for people age 65 or older, younger people with disabilities and people with End Stage Renal Disease (permanent kidney failure requiring dialysis or transplant). You or your spouse had Medicare-covered government employment.
Sandhill, Inc. has a unit selling price of $920, variable cost per unit of $510, and total fixed costs of $280,850. Compute the break-even sales units and sales dollars.
Answer:
(A) 685 UNITS
(B) 630,200 DOLLARS
Explanation:
Variable cost + Fixed cost = Total Cost
The break-even sales units would be the number of units Sandhill Inc. will sell in order to break even; that is, in order for their total cost to equal their total revenue.
If break-even point is the point where TR = TC then it is the same point at which PROFIT = 0
Recall that profit is the positive difference between total revenue and total cost. The negative difference (that is when TR < TC) is called loss.
Let X be = the break-even quantity or number of units, then we have
920x = 510x + 280850
Remember that VC varies or increases with the number of units produced, and so it has the x attached to it in this equation. FC on the other hand remains the same, regardless of the number of units produced.
So the left hand side of the equation has the total revenue, while the right hand side of the equation has the total cost.
Solving algebraically.
920x - 510x = 280850
410x = 280850
x = 280850 ÷ 410 = 685
ANSWER 1
The break-even sales units is 685 units.
The second computation is Sales in Dollars; at break-even sales units.
This revenue or sales is derived thus: Price per unit x Number of units
$920 x 685units = $630,200
ANSWER 2
The break-even total sales or total revenue is $630,200
KUDOS!
Hill Company uses the periodic inventory system. It records a transaction that increases the balances in its purchases and accounts payable accounts. Which of the following is true about Hill Company?
a. When the related merchandise is sold, the purchases account will be decreased by the related cost of goods sold.
b. The manner in which this transaction was recorded indicates that Hill returned $6,000 of merchandise to a supplier.
c. The balance in the account will appear on the balance sheet at year end.
d. The manner in which this transaction was recorded indicates that Hill purchased inventory on account.
Answer:
Hill Company
The true statement about Hill Company is:
d. The manner in which this transaction was recorded indicates that Hill purchased inventory on account.
Explanation:
Purchases made on account (or credit terms) are debited to the Purchases account (periodic inventory system) and credited to the Accounts Payable account. This increases the amount of purchases and the accounts payable account respectively by the same amount. If Hill Company uses the perpetual inventory system, the debit goes to the Inventory account and the corresponding credit to the Accounts Payable account.
Refer to Exhibit 16.6, which reflects the relationship between the inflation rate and the unemployment rate. If the economy started near point b and government purchases increased, we would expect the economy in the short run to move to _____
Answer: Point C
Explanation:
When government purchases increases, there will be more money in the economy which will have a multiplier effect in the economy of increasing investment and consumption spending both of which will lead to new companies being founded and old companies increasing capacity.
The unemployment rate will therefore decrease as more people are hired to boost capacity but the inflation rate will increase because of the rise in demand. The only point on the graph that shows these two things in point c so that is where the economy will move to in the short run.
Which of the following is not a standard organizational structure
Answer:
sequential
Explanation:
organizational structures come in four general types – functional, divisional, matrix and flat
Sequential is not a standard organizational structure.
What are organizational structures?An organizational structure outlines how tasks are assigned, coordinated, and overseen in order to achieve organizational objectives. The basis upon which standard operating procedures and routines are built is provided by organizational structure.
Organizational structures come in four general types – functional, divisional, matrix, and flat.
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Which one of the following is unlikely to be an attractive and effective way to reduce the design, assembly, marketing, and other costs of UAV drones and help achieve a sizable competitive advantage over rival companies based on lower overall costs per UAV drone sold?
a. Trying to spend below-average amounts on website product displays, search engineO a advertising, and retailer recruitment/support in all 4 regions, provided it is competitively O o feasible to do so (but in any case exercise restraint in spending amounts well above the regional averages unless the resulting sales gains are big enough to lower costs per drone oa sold).
b. Trying to keep the warranty period to 60 days (f rivals offer long warranty periods), and higher than 120 days (f rivals offer short warranty periods) Switching to robot-assisted assembly methods to lower labor costs per drone assembled.
c. Striving to keeping marketing costs per UAV drone sold in all 4 geographic regions to levels that are several dollars below the industry-average benchmark.
d. Trying to keep the warraby period to 60 days or 90 days (but no more than 120 days), if it is competitively feasible to do so.
When we try to keep the warranty period to 60 days (f rivals offer long warranty periods), and higher than 120 days (f rivals offer short warranty periods) Switching to robot-assisted assembly methods to lower labor costs per drone assembled.UAV drones and help achieve a sizable competitive advantage over rival companies based on lower overall costs per UAV drone sold. Therefore option B is correct.
What is a UAV Drone?The term "drone" is typically used to describe any unmanned aircraft. These aircraft, also known as unmanned aerial vehicles (UAVs), are skilled in performing a diverse range of tasks, from military operations to package delivery. Drones can range in size from the size of your hand's palm to that of an airplane.
Unmanned aerial vehicles (UAVs) are planes without a human pilot or other passengers. UAVs, often known as drones, can be totally or partially autonomous, but they are typically flown by a human pilot from a distance.
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Discuss various factors that must be considered on the warehouse location decisions?
Answer:
burglar proofing
Explanation:
security
Identify a key concept or foundational theory from the first four weeks of class and in half a page discuss how it applies to your current work environment or a recent social, political or business event. Include the chapter and sub topic from your textbook. g
Answer:
TQM
Explanation:
TQM concept we learned about in the first few weeks of class. For TQM to get successful, all workers need to get involved. One great practice that TQM uses is decision-making as a group. This process promotes an open conversation with productivity as people sheltering their opinions.Recessions in China and India would cause:________
a. the U.S. price level to fall and real GDP to rise.
b. the U.S. price level to rise and real GDP to fall.
c. the U.S. price level and real GDP to fall.
d. the U.S. price level and real GDP to rise.
Answer:
b. the U.S. price level to rise and real GDP to fall.
Explanation:
A recession can be regarded as macroeconomic term which is used to describe significant decline that occur in general economic activity within a designated region. It can be regarded as economic decline of two consecutive quarters which is been reflected by GDP along with some monthly indicators, this indicators could be a rise in unemployment.
For, instance Recessions in China and India would cause the U.S. price level to rise and real GDP to fall.
