Answer:
The Differences between Absorption Costing and Variable Costing
1. variable overhead costs
2. variable and fixed cost distinctions
3. greater than absorption costing net operating income
Explanation:
Absorption costing does not separate costs according to their variable and fixed elements but includes all product or directs costs in the cost of goods. Variable costing, on the other hand, makes the distinctions and only accounts for variable costs in the product costs and not all the direct costs.
Brian tried to persuade an unsatisfied customer to take a certain new line of action. After discussing Brian's plan, the
customer voiced his or her dissatisfaction with the new plan as well. What is their next step?
O assessment
negotiation
O competing
following up
Answer:
assessment negotiation
Explanation:
Which franchise model do automobile dealerships usually follow?
(plato)
Which of the following are
examples of natural resources? (Check all that apply)
Gold
Fish
Factories
Money
Answer:
fish, gold
Explanation:
I just know trust me
A value-added activity in a service enterprise is reception. billing. performing landscaping services. ordering supplies. eTextbook and Media
Answer:
performing landscaping services.
Explanation:
In the context of marketing management philosophies, a sales orientation aims at
Answer:
In the context of marketing management philosophies, a sales orientation aims at: Pushing manufacturers' products more aggressively to achieve high profits. A production orientation philosophy focuses on: Assessing the resources of a firm.
Your finance professor suggests that you should have $2,500,000 in your retirement portfolio before you even THINK about retiring. Recently, your uncle sold valuable California real estate and handed you a check for $300,000. (This is the amount you have after paying taxes. He is now your favorite uncle.) How much of the $300,000 must you set aside today if you invest a portion of the money at an annual rate of 8.0% and you wish to retire in 35 years with the amount suggested by your finance professor
Answer:
the present value is $169,086.35
Explanation:
The computation of the present value is as follows:
As we know that
Present value = Future value ÷ (1 + rate of interest)^number of years
= $2,500,000 ÷ (1 + 0.08)^35
= $169,086.35
Hence, the present value is $169,086.35
It could be simply calculated by applying the above formula
When a product is a ______, the more ______ its demand.
Answer:
oil
Explanation:
what's the context, what are the possible options for input?
The way you have the question now is super vague and unanswerable
What is a product market AND how do I choose a product market . Pls help quick!!!!
Answer:
Product markets typically contain groups of consumers that share a fairly specific need that only certain and closely related kinds of products or services can meet. In the case of smartphone users, for example, only phones with specific and more or less comparable capabilities can serve the needs of these consumers. In a product market, the capacity to serve the market is often predicated on the method. Only a company that produces smartphones can compete for this market, let alone hold an intrinsic advantage, because only that product suffices.
To be able to explain and defend their ideas objectively to others, individuals usually need to have effective __________ skills
10 Characteristics of a Successful Entrepreneur
Answer:
1.creativity
2.professionalism
3.risk taaking
4.passion
5.planning
6.knowledge
7. social skills
8.open mindedness towadrs learning, people and even failure
9.emphaty
10.the customer is everything
Explanation:
HOPE IT HELPS ( dont judge people if their answer is not correct )(◍•ᴗ•◍)❤
You are in the market for a used car and decide to visit a used-car dealership. You know that the Blue Book value of the car you are looking at is between $20,000 and $24,000. If you believe the dealer knows as much about the car as you do, how much are you willing to pay
Answer:
$22,000
Explanation:
In this case, both you and the dealer have the same information about the car, meaning that information is symmetrically distributed. Since the value of the car is between $20,000 and $24,000, you should be willing to pay ($20,000 + $24,000) / 2 = $22,000
If the car dealer had more information than you, then you should be willing to pay the lower price $20,000.
what is the solutions of emotional differences?
Explanation:
In the work environment there are people with different personality profiles, so some routine work-related situations can end up generating some emotional barriers in organizations, such as communication difficulties, personal conflicts, stress, anger, anguish, etc.
Therefore, some solutions can be useful to reduce the impact of emotional barriers, such as not discussing with other co-workers and seeking an assertive and ethical communication that does not disrespect the individual values of each one. For managers, it is necessary to seek the development of communication skills, providing feedback so that there are no misunderstandings that can lead to conflicts.
A social media ad costs $2 per person reached and 60% purchase. A traditional media ad costs $0.10 per person
reached and 2% purchase. Which is more effective?
Answer: it’s social media
Explanation:
Social media would be more effective than the traditional media as social media promotes the product and services very quickly. Unlike traditional media, the results from the social media are often in real-time.
What are the differences between the social and traditional media?Social media refer to the applications and websites that allow the users to create and share the content online and participate in social networking. Social media marketing allows for more fluid and personalized messaging.
Traditional media refers to the form of mass communication that was available before the development of digital media. Traditional media generally includes newspapers, radio, magazines, and television.
Basically, social media has number of benefits that indicate how social media is more effective than traditional media. It generally include the ability to communicate with your consumers in a two-way format.
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True False 1. Capital projects funds account for proceeds of specific revenue sources that are legally required to be spent for specified purposes. 2. Utility bill payments are recognized in a proprietary fund. 3. The economic resources measurement focus is used to report the government-wide financial statements. 4. Capital assets and long-term liabilities specifically related to proprietary funds activities are accounted for using the modified accrual basis of accounting. 5. Governmental funds are accounted for using the accrual basis of accounting. 6. Government-wide financial statements report general long-term liabilities.
Answer and Explanation:
1. The given statement is false as the specific projects are those projects that are funded for the specific or particular task
2. The given statement is true as the bill payment made for utility would be recorded in a proprietary fund
3. The given statement is true as the measurement of the economic resources would be recognized in the financial statement i.e. government wide
4. The given statement is true as the capital assets and long term liabilities that related to the proprietary find would be accounted under modified accrual basis
5. The given statement is true as for the government funds as well, it used the accrual basis
6. The given statement is true as the financial statement i.e. government wide would recognize the long term liabilities
A company had the following purchases and sales during its first year of operations: Purchases Sales January: 10 units at $120 6 units February: 20 units at $125 5 units May: 15 units at $130 9 units September: 12 units at $135 8 units November: 10 units at $140 13 units On December 31, there were 26 units remaining in ending inventory. Using the Perpetual FIFO inventory valuation method, what is the cost of the ending inventory
Answer:
$3540.
Explanation:
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Ending inventory comprises of goods bought in May, September and November
cost of the ending inventory :
(4 x $130) + (12 x $135) + (10 x$140) = $3540
Two firms decide whether to launch a new product: (i) If both firms choose to launch a new product, then each firm will receive $40 million due to incurring new expenses; (ii) if just one firm chooses to launch a new product, the firm launching a new product grabs market share from the other firm, and will receive $30 million, while the other firm which chooses not to launch will receive $45 million; (iii) if neither firm choose to launch a new product, then each firm will receive $50 million from current market. Assume both firms wants to maximize its revenue, so what will be their best move
Answer:
don't launch
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing.
Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
The payoff matrix for this question is
Launch (in millions) Don't Launch (in millions)
Launch (in millions) $40, $40 $30, $45
Don't Launch (in millions) $45, $30 $50, $50
It can be seen that the best strategy for each firm is not to launch because the payoffs of not launching ($45, $50) is greater than the payoff of launching ($40, $30)
You are the manager of an off-site airport auto rental office. An employee has informed you that the shuttle bus driver, who is a reformed alcoholic, was recently arrested on a driving under the influence charge. He is your most reliable employee; however, you are concerned with the safety of your employees and customers.
Questions:
1. What is the ethical dilemma?
2. Name all the primary and secondary stakeholders
Primary:
Secondary:
3. What would an individual that believed the following ethical foundations recommend that you should do (not a definition)? In other words, put yourself in the place of that philosophy to determine your recommendations.
Cultural relativism:
Subjectivism:
Religion:
4. Which response, if any comes closest to your thinking? Explain why or why not?
5. Response Question
Should a company’s concern for the safety of its employees and customers override the medical needs of a single employee? Explain why or why not?
The ethical dilemma is whether u wanna look at the safety at staff or customers or wanna remove the driver from the job bc he could get drunk
Customers and staff- primary stakeholders
staff union and future shareholders of the company bc the image of the bus company will get harmed- secondary stakeholders
i only know the answer to the first 2 hope this helps x!!
For its most recent year a company had Sales (all on credit) of $830,000 and Cost of Goods Sold of $525,000. At the beginning of the year its Accounts Receivable were $80,000 and its Inventory was $100,000. At the end of the year its Accounts Receivable were $86,000 and its Inventory was $110,000.
a) The inventory turnover ratio for the year was?
b) The accounts receivable turnover ratio for the year was?
c) On average how many days of sales were in Accounts Receivable during the year?
d) On average how many days of sales were in Inventory during the year?
Answer:
A. 5 times per year
B. 10
C. 36.5 days
D. 73 days
Explanation:
A. Calculation for what The inventory turnover ratio for the year was
Inventory turnover ratio =$525,000/($100,000+$110,000/2)
inventory turnover ratio =5 times per year
B. Calculation for what The accounts receivable turnover ratio for the year was
Accounts receivable turnover ratio=$830,000/($80,000+$86,000/2)
accounts receivable turnover ratio=10
C. Calculation for On average how many days of sales were in Accounts Receivable during the year
Days sales in Account Receivable=($80,000+$86,000/2)/($830,000/365)
Days sales in Account Receivable=36.5 days
D. Calculation for On average how many days of sales were in Inventory during the year
Days of Sales in Inventory=($100,000+$110,000/2)/($525,000/365)
Days of Sales in Inventory=73 days
ABC Company uses a Materials Inventory account to record both direct and indirect materials. ABC charges direct materials to WIP, while indirect materials are charged to the Factory Overhead account. During the month of April, the company has the following cost information: Total materials (direct and indirect) purchased $ 92,700 Indirect materials issued to production 37,400 Total materials issued to production 109,000 Beginning materials inventory 53,700 The debit to the Factory Overhead account is:
Answer:
$37,400
Explanation:
Overhead incurred are accounted for in the Overhead Account. The debit side of this account is increased with any overhead incurred. From the question, the indirect materials are the only overheads incurred.
The entry to record this is as follows :
Debit : Overhead $37,400
Credit : Materials $37,400
Being Material Overheads incurred
James Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $35 per machine hour, while the Sanding Department uses a departmental overhead rate of $20 per direct labor hour. Job 603 used the following direct labor hours and machine hours in the two departments: Actual results Assembly Department Sanding Department Direct labor hours used 8 5 Machine hours used 10 7 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:
Total allocated overhead= $450
Explanation:
Giving the following information:
The Assembly Department uses a departmental overhead rate of $35 per machine hour.
The Sanding Department uses a departmental overhead rate of $20 per direct labor hour.
Job 603:
Actual results Assembly Department Sanding Department
Direct labor hours used 8 5
Machine hours used 10 7
To allocate overhead to Job 603, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Assembly= 35*10= $350
Sanding= 20*5= $100
Total allocated overhead= $450
Good Economy vs. Bad Economy:
During which economy will you find the best loan rates?
Answer:
Bad Economy
Explanation:
Lower interest rates
Income tax in a certain state is calculated as follows on the first 1000 at 2%,3% on next 2000,4% on the next 3000 and 5% there after.Find the tax to be paid by an individual who earns an income 2500 per mont, a.his income tax. b.his percentage tax?
Answer:
This person must pay an income tax of $ 65, which represents 2.6% of his monthly income.
Explanation:
Given that income tax in a certain state is calculated as follows: on the first $ 1000 at 2%, 3% on next 2000, 4% on the next 3000 and 5% there after, to find the tax to be paid by an individual who earns an income of $ 2500 per month, and his percentage tax, the following calculations must be performed:
2500 - 1000 = 1500
1000 x 0.02 = 20
1500 x 0.03 = 45
20 + 45 = 65
2500 = 100
65 = X
65 x 100/2500 = X
2.6 = X
Thus, per month, this person must pay an income tax of $ 65, which represents 2.6% of his monthly income.
The video discusses the extensive planning required to meet the operational goals for serving high-qual
foods quickly. The goal of 5 minutes from order-taking to serving each meal is critical to maintaining
Noodles & Company's promise to the customer of high-quality food served quickly. If a meal needs to be
remade due to a processing error, what percent increase is this additional 3.5 minutes
Answer:
..................................................................
how do you create your own goal in terms of career
It all depends on the career field you want to go into. So like, have a BIG goal set, but have tons if mini goals set to help you get to that big goal
Tierney Construction, Inc. recently lost a portion of its financial records in an office theft. The following accounting information remained in the office files: Cost of goods sold $ 92,750 Work in process inventory, January 1, 2016 23,600 Work in process inventory, December 31, 2016 18,750 Selling and Administrative Expenses 22,800 Net Income 38,500 Factory overhead 22,550 Direct materials inventory, January 1, 2016 29,400 Direct materials inventory, December 31, 2016 16,125 Cost of goods manufactured 112,450 Finished goods inventory, January 1, 2016 38,225 Direct labor cost incurred during the period amounted to 2.5 times the factory overhead. The CFO of Tierney Construction, Inc. has asked you to recalculate the following accounts and to report to him by the end of tomorrow. What should be the amount of direct materials used?
Answer:
$28,675 = direct materials used
Explanation:
To calculate the direct material used, we need to use the following formula:
Cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP
112,450= 23,600 + direct materials used + (22,550*2.5) + 22,550 - 18,750
112,450 - 23,600 - 56,375 - 22,550 + 18,750 = direct materials used
$28,675 = direct materials used
In this exercise you will be evaluating the economic condition of the country and making decisions in order to keep the economy level. The amount of money in circulation has a tremendous effect on the economy and inflation. Imagine if you found $100,000 in cash floating around your front yard. What would you do with it
Shelly could increase the discounting rate to help stabilize the economy. Shelley is the Chairman of the European Reserve. She is in responsible for making Fed choices that will affect the country's economy, and she must base her decisions on current market data.
What is monetary policy?Monetary policy in the United States comprises the Federal Reserve's activities and communications in order to foster optimum employment, steady prices, and moderate long-term interests rates—the three macroeconomic goals that the Congress has authorized the Federal Reserve to pursue.
The president has made repeated public declarations claiming that the business has been performing well in recent years and that the dollar has being strong. Because the president is unwilling to use fiscal strategy to slow the economy, it is up to you to employ monetary policy.
As a result, the increase the discounting rate to help stabilize the economy.
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What is a main feature of the CERT program ?
Why does the supply curve slope upward? To answer this question, use the choices below to identify the characteristics of an upward-sloping supply curve. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. check all that apply Increasing opportunity costsunanswered Increasing marginal costsunanswered Diminishing marginal utilityunanswered A decrease in resource pricesunanswered An increase in resource pricesunanswered Increasing labor productivity
Answer: Increasing marginal costs
Explanation:
As production increases, so does the marginal cost of production because the marginal cost refers to the additional cost of producing more goods and services.
In order for producers to offer a higher quantity of goods and services therefore, they need to charge a higher price so that they can recover these marginal costs being expended to produce more goods and services.
if you saw i homeless man or woman what are you ganno do
A. KICK THE HOMELESS MAN OR WOMAN
B. GAVE SA MONEY
C GAVE SOME FOOD
D. STEAL THERE FOOD OR MONEY
Answer:
b and c and maybe if i could i would take them to my place for shelter
Explanation:
Answer:
give food
Explanation:
I would give food because they could get drugs with the money and kicking them is rude
Evaluate an open economy from the spending approach in order to get the three sectorial balances, private, external, and public.
Answer:
GDP for an open economy from the spending approach follows this equation:
GDP = Consumption + Investment + Government Spending + Net Exports (Exports - Imports)
It can also be written as:
GDP = C + I + G + NX (X - N)
The balance of private consumption is simply equal to C, the balance of public spending is G, and the balance of the external sector is net exports or NX.
