If the cost of the beginning work in process inventory is $85,000, costs of goods manufactured is $960,000, direct materials cost is $344,000, direct labor cost is $224,000, and overhead cost is $329,000, calculate the ending work in process inventory.

Answer: c. $2.89 per unit

Explanation:

Using the First-In, First-Out method, we need to find the equivalent units first:

= Equivalent opening units + Units started and completed + Equivalent ending units

= (Opening units left to be completed) + (Units completed - opening units) + (proportion of closing units completed with respect to conversion)

= (3,000 * (1 - 40%)) +  (12,000 - 3,000) + (1,000 * 40%)

= 11,200 units

Conversion costs = 32,363

Conversion cost per units:

= 32,363 / 11,200 units

= $2.89 per unit

Answer:

I think I should ask in English language

Answer:

3.9%

Explanation:

Calculation to determine the weighted-average flotation cost for the firm

Using this formula

Weighted-average flotation cost =D/A ratio(Flotation cost for debt)+ Flotation cost for debt(Flotation cost for equity)

Let plug in the formula

Weighted-average flotation cost=.7(3%) + .3(6%)

Weighted-average flotation cost=.0021+.0018

Weighted-average flotation cost=.0039*100

Weighted-average flotation cost= 3.9%

Therefore the weighted-average flotation cost for the firm is 3.9%

Answer:

1. c. Both of the above

2. a. False

b. True

c. True

d. False

e. True

f. True

3. c. Different firms may use different accounting practices.

Explanation:

Ratio Analysis is one of the method to evaluate a company performance. It helps to analyse a company performance based on different financial metrics. Profitability ratios help to understand company profits position and identify reason for their increase or decrease. Liquidity ratios help understand company's ability to payoff its short term debt obligations.

Answer: E. All of the above

Explanation:

In process costing, all of the above are used. Process costing is used for the production of goods that a re homogenous so the cost is the same for all the goods.

First one must visualize the flow of the goods to see the costs they incur at each stage. The equivalent units should then be calculated as this would show the number of units that the cost is being assigned to. Next is to divide the costs incurred by the equivalent units to find the cost per unit. Then calculate the cost of goods manufactured based on the manufactured and ending inventory

Answer:

independent demand is based on market forces while Dependent demand is based on production schedule

Explanation:

Independent demand is the demand for a finished product bought by a consumer e.g. the demand for a textbook by a student

independent demand is based on market forces e.g. the price of the good

Consumers would be more willing to purchase a good that is cheaper compared to other goods

Dependent demand is the demand for the factors of productions that are needed in the production of the final good or service. e.g. the demand for labour , purchase of inventory needed to produce a good

If consumers do not demand for the finished product, there would be no demand for the inventory

Answer:

the surplus of the cash is $21,000

Explanation:

The computation of the cash surplus (deficiency) for the month of October is given below:

Cash surplus is

= opening balance + cash receipt - cash payment - minimum cash balance

= $2,700 + $56,000 - $36,000 - $1,000

= $21,000

hence, the surplus of the cash is $21,000

Answer:

only if output price is constant.

Explanation:

Marginal revenue can be defined as the amount of money (revenue) generated from the sales of an additional unit of a product.

Marginal revenue product can be calculated using the formula; (marginal product × output price), only if output price is constant i.e the amount of money charged by a seller remains the same.

Answer: $2600

Explanation:

From the information given, the cost price of the automobile is $10000 but the current market price is $6000. If the automobile is old now for $6000 and the money is kept in a bank for.one year at an interest rate of 10%, then the interest gotten on it will be:

= $6000 × 10% × 1

= $600

In a situation whereby the automobile is sold the following year, then the price will be $4,000 and I will get $4,000. Therefore, the cost for keeping the car for an additional year will then be:

= (Current price - Future price) + Interest amount

= ($6,000 - $4,000) + $600

= $2,600.

Answer:

the actuarial rate is $599.44

Explanation:

The computation of the actuarial rate is given below:

= $53000 × 1.13% × (1+1.13%)^468) ÷ ((1 + 1.13%)^468 - 1)

= $599.44

The 1.13% comes from

= 13.50% ÷ 12

= 1.13%

And, the 468 comes from

= 39 × 12

= 468

Therefore the actuarial rate is $599.44

The same is to be relevant

Answer:

b. Its core capability is easily imitated

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

In this scenario, Groupon offers online coupons for bargains at local shops and restaurants. A reason that rivals are limiting its growth is simply because its core capability is easily imitated i.e offering of coupons for bargains.

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

Answer:

the answer is D

Explanation:

Answer: D. When you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same.

Explanation:

1. Since M2 = M1 + Saving deposit + Time deposits + Money Market deposit of individuals, then from the options given, the true statement about the monetary aggregate is that when you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same. Therefore, the fire option is D.

2. Your second question isn't well written but let's assume some figures in order to solve the question.

Let's say,

Currency = $863.2 billion

Demand deposit = $573.5 billion

Traveler's cheque = $3.8 billion

Savings deposit = $5237.8

Other checkable deposit = $319

Therefore, the total M1 amount in this economy will be:

M1 = Currency + Demand deposit + Travelers check + Other checkable deposits

= 863.2 + 573.5 + 3.8 + 319

= $1759.5 billion

Answer:

B) the real interest rate

Answer:

#It brings peace in the society.

#It increases the growth/development of a society.

#It enables civilians of a society to express themselves.

Answer:

Democratic leadership is a type of leadership in which the Group's members play a more participatory role.

Explanation:

This leadership style allows everyone to participate, discuss ideas, hear their views, and encourage debate. However, the group leader still needs guidance and guidance to achieve the goals and goals.

As there is group engagement and discussion, more thoughts and ideas lead to better ideas and solutions, the main benefit of a democratic leadership style.

The participants in a group participate more in and engage in projects that increase their investment in the final results. In essence, they care more and increase productivity.

Answer:

a. Production Sales

$150,000 $50,000

Explanation:

Given that

Number of employees in Production Dept. 36

Number of employees in Sales Dept. 12

So,

Total Number of employees is

= 36 + 12

=48

Now

Cost allocated to Production Dept. is

= $200,000 × 36 ÷ 48

= $150,000.00

And, the Cost allocated to Sales Dept. is

= $200,000 × 12 ÷ 48

= $50,000.00

Answer: 25.30%

Explanation:

This can be calculated by the Capital Asset Pricing Model (CAPM):

= Risk free rate + Beta * (Market return - Risk free rate)

= 5% + 1.45 * (19% - 5%)

= 5% + 20.3

= 25.30%

Answer:

Find attached excel file

Explanation:

The internal rate of return is the discount rate at which the present value of future cash flows is the same as the initial investment outlay, which can be determined using excel the IRR function shown below:

=IRR(values)

values are the cash flows from initial investment outlay up until the cash inflow in year 5.

The net present value is the present value of future cash flows discounted at the firm's cost of capital minus the initial investment outlay

Answer:

The GDP is $860 billion.

Explanation:

The gross domestic product (GDP) can be calculated using the expenditure approach formula as follows:

Y = C + I + G + (X - M) ....................................... (1)

Where:

Y = GDP = ?

C = Consumption = $600 billion

I = Investment - $80 billion

G = Government purchases = $200 billion

X = Exports = $100 billion

M = Imports = $120 billion

Substituting the values into equation (1), we have:

Y = $600 + $80 + $200 + ($100 - $120) = $860 billion

Therefore, the GDP is $860 billion.

Answer:

prices decrease actually

Explanation:

with that much of cassava producers the market of the product just loses its value as it is that common that the only way to making money would be to say something about based on the communities beliefs to raise attention like "Buy some cassava to make the gods happy" something most common in African society

Answer:

100 invites per week.

The new invite limits have been introduced by LinkedIn according to which you can’t send more than 100 invites per week. When you have reached the limit, a notification will pop up saying you’ve reached weekly limits.

You can’t do anything about it until the new week starts and the weekly limit resets.

Answer:

Explanation:

POWER DISTANCE  :  This dimension deals with the fact that all individuals in societies are not equal – it expresses the attitude of the culture towards these inequalities amongst us. Power Distance is defined as the extent to which the less powerful members of institutions and organisations within a country expect and accept that power is distributed unequally.

Bangladesh scores high on this dimension (score of 80) which means that people accept a hierarchical order in which everybody has a place and which needs no further justification. Hierarchy in an organization is seen as reflecting inherent inequalities, centralization is popular, subordinates expect to be told what to do and the ideal boss is a benevolent autocrat                                            MASCULINITY  :        A high score (Masculine) on this dimension indicates that the society will be driven by competition, achievement and success, with success being defined by the winner / best in field – a value system that starts in school and continues throughout organisational life.

A low score (Feminine) on the dimension means that the dominant values in society are caring for others and quality of life. A Feminine society is one where quality of life is the sign of success and standing out from the crowd is not admirable. The fundamental issue here is what motivates people, wanting to be the best (Masculine) or liking what you do (Feminine).

Bangladesh scores 55 on this dimension and can be considered a a Masculine society. In Masculine countries people “live in order to work”, managers are expected to be decisive and assertive, the emphasis is on equity, competition and performance and conflicts are resolved by fighting them out.                                                                                                                  UNCERTAINTY AVOIDANCE  :        The dimension Uncertainty Avoidance has to do with the way that a society deals with the fact that the future can never be known: should we try to control the future or just let it happen? This ambiguity brings with it anxiety and different cultures have learnt to deal with this anxiety in different ways. The extent to which the members of a culture feel threatened by ambiguous or unknown situations and have created beliefs and institutions that try to avoid these is reflected in the score on Uncertainty Avoidance.

Bangladesh scores 60 on this dimension and thus has an high score. Countries exhibiting high Uncertainty Avoidance maintain rigid codes of belief and behaviour and are intolerant of unorthodox behaviour and ideas. In these cultures there is an emotional need for rules (even if the rules never seem to work) time is money, people have an inner urge to be busy and work hard, precision and punctuality are the norm, innovation may be resisted, security is an important element in individual motivation.          

Answer:

a joint venture

Explanation:

"a commercial enterprise undertaken jointly by two or more parties which otherwise retain their distinct identities."

A joint venture, of the following business forms have Medici and Athena adopted for the project. Thus, option (b) is correct.

What is business?

The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.

A commercial operation done jointly by two or more people who otherwise retain their unique identities. Medici and Athena were joint venture enterprises that produced medical equipment. The Medici and Athena would share their resources and knowledge as well as participation and risk in the investment, in the business.

As a result, the joint venture, of the following business forms have Medici and Athena adopted for the project. Therefore, option (b) is correct.

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Answer:

an inflationary increase in the price level.

Explanation:

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country.

In order to boost economic growth, a monetary policy is implemented to increase money supply (liquidity). Also, it is used to prevent inflation by reducing money supply.

An inflationary gap, also referred to as an expansionary gap in economics, is typically used for measuring the difference between the gross domestic product (GDP) and the current level of Real Gross Domestic Products that exists when a country's economy is gauged at a full employment rate. Consequently, this situation causes the price of goods and services to go up with a low income level among the people living in the country.

A budget deficit is the amount by which spending exceeds income.

All other factors held constant or all things being equal (ceteris paribus), an increase in government's budget deficit drives the interest rate up.

Generally, when there's a deficit in government budget, they resort to issuing more bonds or borrowing money from creditors. These creditors are likely to be sceptical about the government's ability to repay the debt and as such would increase the interest rate.

Hence, an inflationary increase in the price level of goods and services is not much of a danger if the U.S. economy is producing at a level that is substantially less than potential gross domestic product (GDP) and the aggregate demand is being increased by government's budget deficits.

The correct answer to this open question is the following.

Give examples of operational conflicts that could occur in a cross-cultural context because of different attitudes towards:1) time, 2) individualism.

Well, let's start with time. In the United States, time is of the utmost importance. There we have the old saying: "Time is money."

In the workplace, everything is based on the smart and efficient use of time. No time must be wasted in the workplace.

Individual effort is important in the American culture, but the team effort, the concept of being a good team player is very important under the following premise: teams can accomplish more than individuals.

What most Americans desire is individual recognition through team effort.

That is why team sports are so good in the United States because they exemplify the way teams function and what they can accomplish. For instance, college and pro football, basketball, and baseball.

The region that has a different approach, is Latin America. This does not mean that is better than the other, just that there are major differences between the two.

The management of time is very different in Latin American countries. It is not as important as the US. People in Latin America approach the concept of time in a more relaxed way. In Latin America, there is a more relaxed approach to time. Nothing is urgent, Things take time. Things are made at a different pace compared to the US.

And regarding individualism, Latin American people tend to prefer to be more individualistic to do things trying to get some recognition, The team concept is not as developed as in the US.

A firm is making an economic loss of $100,000. This means that:

Choice 1 -

The firm could increase economic profit if its resources were used in a different way.

If a firm is making an economic profit of zero:

Choice 2 -

It cannot make a higher economic profit by changing how it is using its resources.

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Answer:

the asset and liability are equal.

Explanation:

IFRS 16 lease and IAS 17 deals in important changes where the lease transactions are reported in the lessee financial statement

In this the assets and liabilities that are occured from the lease should be initially determined on the present value basis

Also the assets and liability are equivalent to each other

Therefore the first option is correct

Answer:

Net operating income (absorption)= $907,580

Explanation:

Giving the following information:

Fixed overhead per unit= $1.80

Net income= $911,000 (variable costing)

Beginning inventory= 56,100 units

Ending inventory= 54,200 units

Under absorption costing, fixed manufacturing overhead is a product cost. We need to incorporate into the cost of goods sold the fixed overhead from beginning inventory and deduct the fixed overhead allocated into ending inventory.

Net operating income= 911,000

Less:

Fixed overhead beginning inventory= (1.8*56,100)

Add:

Fixed overhead ending inventory= (1.8*54,200)

Net operating income (absorption)= $907,580

Answer:

poop is the place to go. as long a as there is a bathroom nearby