Answer:
$14,400
Explanation:
Calculation to determine What was Lynnwood, Inc.'s retained earnings balance at the end of April
LYNNWOOD, Inc.'s retained earnings balance at the end of April
Retained earning balance , April 1 $12,000
Add Service to customer $2,000
Add Service to customer $1,900
Less Rent ($800)
Less salaries ($700)
Retained earning April 30th $14,400
Therefore Lynnwood, Inc.'s retained earnings balance at the end of April is $14,400
Entries for Direct Labor and Factory Overhead
Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tickets from June jobs are summarized as follows:
Job 11-101 $4,640
Job 11-102 5,510
Job 11-103 6,612
Job 11-104 12,760
Job 11-105 18,270
Factory supervision 12,500
Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $23 per direct labor hour. The direct labor rate is $29 per hour.
a. Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank.
Work in Process
Factory Overhead
Wages Payable
Feedback
a.Increase the work in process for the direct labor and factory overhead for the indirect labor.
b. Journalize the entry to apply factory overhead to production for June. If an amount box does not require an entry, leave it blank.
Work in Process
Factory Overhead
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)
A public company has declared a property dividend of one share of its investment in M corporation for every 10 shares of its common stock outstanding. The M shares were originally purchased by the company for $50 per share; on the date the dividend was declared, the market value was $75 per share. As a result of this declaration, the company should recognize A. An appropriate gain or loss based on the market value on the date of distribution. B. A gain of $25 per share to be distributed. C. A loss of $25 per share to be distributed. D. No gain or loss.
Answer:
B. A gain of $25 per share to be distributed
Explanation:
The computation of the per share recognized by the company is shown below:
Since the market value per share is $75
And, the purchase price per share is $50
At the time when the dividend of the property is declared so the property should be calculated at the fair value i.e.
= $75 - $50
= $25 per share
Therefore the option b is correct
What's your guys' favorite thing about Chrollo?
Answer:
I really like how he
Explanation:
yea
With the recent surge in the showing of commercials to movie theater audiences, many companies have found it to be an innovative medium to reach large numbers of consumers. For instance, several beverage products, including sports drinks, soft drinks, and bottled water, advertise heavily in theaters, where they know a very broad and diffuse cross-section of consumers can be reached. Advertising in this medium relies on _________.
Answer:
Self selection.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
In this scenario, advertising relies on self selection.
In the first year of business, Friendly Company paid $32,000 for direct materials and $42,000 for production workers' wages. Lease payments and utilities on the production facilities amounted to $25,000 while general, selling, and administrative expenses totaled $10,000. The company produced 4,000 units and sold 3,000 units at a selling price of $35.00 a unit. What is Friendly's cost of goods sold for the year?
A. $55,500
B.$81,750
C.$109,000
D.$74,250
Answer:
b
Explanation:
Sharon has been directed to put together a disaster recovery plan based on directives from her company's executive management team. The company's core business is operating an e-commerce website selling winter apparel with 85 percent of its revenue received during the holiday season. If there was a prolonged outage, it would put the company's ability to continue as a financially viable operation in peril. Sharon has been instructed to create a plan that will restore operations in the shortest amount of time possible. Which disaster recovery model should she implement
Answer:
Hot site disaster recovery model
Explanation:
In simple words, A hot site can be defined as the network environment that is replicated in near real - time. Just at disaster recovery site, all data created and stored at the primary site is promptly cloned and backed up. Managed hosting with a collocation data center is common for hot sites. Thus, from the above we can conclude that the correct answer is hot site.
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answers.
Answer:
Option 1 and 2
Explanation:
Complete Question
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?
CHECK ALL THAT APPLY.
High school athletes stop shopping there. The inventory of sports socks goes unsold. Publicity for the store declines. Profits decline because dress shoes cost less than sneakersSolution
Sole Sister Shoe Store chooses to sell dress shoes over sneakers because the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence Sole Sister Shoe Store started selling dress shoes
Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes
Answer:
A - high school athletes stop shopping there.
B - The inventory of sports socks goes unsold.
Explanation:
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Gabriela is a geologist working for an oil company. She joined the National Guard and was called to active duty to serve in Afghanistan for a year shortly afterward. The oil company said the job would be there for her upon her return. She served with distinction and upon returning home she contacted her old company. They informed her that the position had been filled and there was no open position for her. If the company does not uphold the USERRA law, Gabriela can call on what organization to fight for her employment rights
Answer: EEOC: Equal Employment Opportunity Commission
Explanation:
Based on the information given, Gabriela can call on the Equal Employment Opportunity Commission to fight for her employment rights
The U.S. Equal Employment Opportunity Commission is in charge of enforcing the federal laws which make it illegal to discriminate a person against an employee or job seeker because of the religion, race, color, sex of the person.
A car rental agency uses 100 boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples each time, and carrying costs are 20% of the its value on an annual basis.
What's the economic order quantity?
Answer: 50
Explanation:
Annual demand = D = 100
Cost of each box = C = $4
Ordering cost = S = $10
Carrying cost = I = 20 × $4 = $0.8
Economic order quantity = ✓2DS/I
= ✓(2×100×10/0.8
= √2500
= 50
Which of the following is NOT true Group of answer choices An American option can be exercised at any time during its life A put option will always be exercised at maturity if the strike price is greater than the underlying asset price When a CBOE call option on IBM is exercised, IBM issues more stock A call option will always be exercised at maturity if the underlying asset price is greater than the strike price
Answer:
When a CBOE call option on APPLE is exercised, APPLE issues more stock.
Explanation:
A call option can be regarded as a "call", and can be explained as contract which exist between the buyer as well as the the seller of that call option, so they can exchange a security at a set price.
In domain of finance, the style or family of particular option can be regarded as the class that the option falls into, and this can be defined using dates that the option could be exercised. Most options usually fall as European or American options. It should be noted that An American option can be exercised at any time during its life. These should be noted;
✓A put option will always be exercised at maturity if the strike price is greater than the underlying asset price.
.A call option will always be exercised at maturity if the underlying asset price is greater than the strike price
Facts about
Tom, a customer care executive, receives an order of 25 personal computers from a customer who wants the goods to be delivered to him in two days. Tom needs to inform the customer of that there will be a delay in shipping goods in bulk in such a short span of time. In order to maintain trust, Tom should _____. Multiple Choice update the customer only when he or she raises a complaint regarding non-receipt of goods
Answer:
update the customer regularly and keep the customer informed of any further delay.
Explanation:
Since in the given situation it is mentioned that tom received the order of 25 personal computers that should be delivered in two days but at the same time he know there is delay in shipment as there is bulk order so in order to maintain the trust he has the responsibility to update the customer on regularly basis and if there is any further delay so the same should be informed to the customer as the customer has also the right to know for the same.
Therefore the above statement should be the answer
Although there are numerous stages in the new-product process, firms develop a strategy, then start ________ and continue the process through the final step of ________, Multiple choice question. business analysis; screening and evaluation idea generation; commercialization alternatives evaluation; market testing protocol development; failure analysis
Answer:
idea generation; commercialization
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Although there are numerous stages in the new-product process, business firms typically develop a strategy that's in tandem with their set goals and objectives, then start idea generation such as brainstorming on how to produce the product, branding, specifications, etc., and continue the process through the final step of commercialization, which is the stage where the product is introduced into the market for the consumers to buy.
I need a cute name for an estsy buisness where i sell prints… this is a 10 point question and I give brainliest to whoever comes up with the one I like and I will thank everyone who answers no matter what !!
Answer:
well i think
- flawless copies
- perfect printing
-rapid copies
- papers brought to life
- plastics and prints
-printsey
hope this helps! <3
Sunland Company is considering the replacement of a piece of equipment with a newer model. The following data has been collected:
Old Equipment New Equipment
Purchase price $312000 $512000
Accumulated depreciation 124800 - 0 -
Annual operating costs 411000 354000
If the old equipment is replaced now, it can be sold for $85000. Both the old equipment’s remaining useful life and the new equipment’s useful life is 5 years. The company uses straight-line depreciation with a zero salvage value for all of its assets.
The net advantage (disadvantage) (net effect on current year net income) of replacing the old equipment with the new equipment is (don’t consider annual operating costs in the computation)
A. $(99000)
B. $124800`
C. $85000
D. $(17400)
Answer:
D. $17,400
Explanation:
The following standards for variable manufacturing overhead have been established for a company that makes only one product:Standard hours per unit of output3.5 hoursStandard variable overhead rate$15.20 per hourThe following data pertain to operations for the last month:Actual hours3,800hoursActual total variable manufacturing overhead cost$59,090Actual output800unitsWhat is the variable overhead efficiency variance for the month
Answer:
Variable overhead efficiency variance= $15,200 unfavorable
Explanation:
Giving the following information:
Standard hours per unit of output 3.5 hours
Standard variable overhead rate $15.20 per hour
Actual hours 3,800hours
Actual total variable manufacturing overhead cost $59,090
Actual output 800units
To calculate the variable overhead efficiency variance, we need to use the following formula:
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Variable overhead efficiency variance= (3.5*800 - 3,800)*15.2
Variable overhead efficiency variance= $15,200 unfavorable
Ptarmigan Company produces two products. Product A has a contribution margin of $289.20 and requires 12 machine hours. Product B has a contribution margin of $221.40 and requires 9 machine hours. Determine the most profitable product assuming the machine hours are the constraint. If required, round your answers to two decimal places. Contribution margin per machine hour: Product A $fill in the blank 1 Product B $fill in the blank 2 Product is the most profitable.
Answer:
Product B
Explanation:
Calculation to determine the Product that is most profitable.
Product A Product B
Contribution margin per unit $289.20 $221.40
÷ Machine hours 12 machine hours 9machine hours
Contribution margin per bottleneck hour 24.1 24.6
(Product A= 289.20/12=24.1)
(Product B =$221.40/9=24.6)
Therefore based on the above calculation PRODUCT B is the most profitable
A written report that contains just a few pages that sum up the marketing plan's main points is called a
Answer:
Executive summary
Explanation:
An executive summary can be defined as a written account that gives a summary of the marketing plan. The large document or a research paper for marketing plans, business reports, etc are provided in concised form in an executive summary.
Because an executive summary provides an overview to the large documents, it is the first place that decision makers go to ascertain the actions.
Therefore, an executive summary is the correct answer.
In most cases, expenditure-switching policies must be accompanied by expenditure-reducing policies because Group of answer choices the depreciation in the exchange rate may decrease the domestic price of foreign goods, causing an increase in the current account deficit. inflation abroad may increase the demand for domestic goods, causing inflation to rise. expenditure-switching policies are completely ineffective without expenditure-reducing policies. inflation ensues as home country domestic expenditures switch away from foreign goods to domestic goods unless overall expenditures are reduced.
Answer:
inflation ensues as home country domestic expenditures switch away from foreign goods to domestic goods unless overall expenditures are reduced.
Explanation:
Expenditure-switching policies is a macroeconomic policy and it typically include measures that are undertaken by the government of a particular country to reduce deficit in its current account balance i.e they're used to balance the current account of a country through an alteration of its expenditures on both domestic and foreign goods.
Generally, expenditure-switching policies involves the use of increased barrier to trade (entry) such as protectionist subsidies, quotas or tariffs, so as to switch the expenditures of domestic consumers foreign (imported) goods and services to goods and services that are produced domestically.
Similarly, expenditure-reducing policies are measures undertaken by the government of a particular country so as to improve the imbalance in its current account and reduce its external deficit. Thus, expenditure-reducing policies lowers aggregate demand, real income and overall spending in an economy, so as to cut the demand for imports by consumers.
In most cases, expenditure-switching policies must be accompanied by expenditure-reducing policies because inflation arises when a home country domestic expenditures switch away from foreign (imported) goods to domestic goods, unless the government reduces overall expenditures.
Preet just learned that he is going to be reassigned for his job to Eastern Europe. The transfer is temporary. Because Preet knows that he is going to return home in a year or two, he has decided to rent out his home. He wants to make sure that someone can take care of his financial issues while he is away, particularly depositing the rent payments and paying bills. His best strategy involves naming his sister in a:
Answer:
durable power of attorney.
Explanation:
A durable power of attorney is the most vital document that anyone can have in place in the situation where they are not able to care for themselves. It acted as the permission slip in which the authority is given to the third party to do the things on behaf of the other person who cant do that
So as per the given situation, the above should be the answer
Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore's realistic market opportunity, approximately
Answer:
The answer is "$8.33billion".
Explanation:
Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.
1/3 of the $25billion = $8.33 billion.
what are the importance of doctor
Answer:
to help people
Explanation:
Answer:
Doctors are responsible for increased life expectancy and improved well-being in society. People who survive diseases such as cancer usually owe their survival to doctors, whose skills and dedication are vital for their cure.
Explanation:
Please Mark me brainliest
The ICH GCP guidelines:
- set standards for the design, conduct, monitoring and reporting of clinical research.
- guarantee that a submission in any ICH region will be approved for marketing.
- require certification of clinical research sites and investigators
- replace FDA regulations for internationally conducted studies of drugs that will be marketed in the U.S.
Answer:
Explanation:The ICH-GCP is a harmonised standard that protects the rights, safety and welfare of human subjects, minimises human exposure to investigational products, improves quality of data, speeds up marketing of new drugs and decreases the cost to sponsors and to the public.
the last
Suppose that you really enjoy going to the movie theater, but at your current level of income, it is more affordable to rent a movie at home. Then suppose you receive a promotion and your income rises. With this extra money, you go to the movie theater more often instead of renting movies. This scenario demonstrates that to you, rental movies are a(n) ________ good and movies at the movie theater are a(n) _________ good.
Answer:
inferior, normal
Explanation:
Consumers tend to spend more or less on a commodity when their income level changes. This is as a result of preference that is restricted by income level.
Based on this there are 3 types of goods: inferior, normal, and necessity.
Inferior goods are ones that a consumer will abandon for other goods when income rises.
Normal goods are the ones where demand increases as income rises.
Necessity are goods whose demand remains constant despite income changes.
In the give scenario therefore rental movies are inferior goods while going to the movie theatre is a normal good.
2x +3=X -1 PLEASE ANSWER PLEASE
Answer:
-4
Explanation:
2x+3=x-1
=>2x-x=-1-3
=>x=-4
Answer:
x = -4
Explanation:
2x+3 = x-1
-x -x subtract x from both sides to cancel out the positive x
x+3 = -1
-3 -3 subtract 3 from both sides to cancel out the positive 3
x = -4 this is the simplified equation
:) ur welcome
Nick works with a large team at a social media company. He has proposed and finished several projects which the company implemented. He has a great sense of pride in doing his job. The company has three products currently, and the sales division and marketing division are responsible for increasing product adoption. Nick works in the marketing division and often gets marketing campaign ideas from talking with the customer service division and the salespeople. He enjoys the information communication in the company. Nick works for a company with a:
Answer:
functional departmentalization structure
Explanation:
In the case of functional departmentalization, an organization should be organized into the department that depend upon the functions that each one performs for an organization.
Since in the given situation, nicks works with the marketing division also he enjoyed the information that communciated in the company so here he works with the functional departmentalization structure for a company
hence, the same should be relevant
Mrs. Jones always wanted a white picket fence in front of her house. Mr. Jones, her husband, wants a fence around the entire house including a decently-sized lawn in the front and a garden in the back. The fence border should look like a rectangle (see picture above). He calculated that he would need to fence off an area of 4,000 square feet in order to fit all these things. He wants to appease his wife and at least build the white picket fence in front of the house. He plans to build the rest of the fence with chain link, a cheaper material. Given that a white picket fence costs $7 per foot and a chain link fence costs $4 per foot, what dimensions for the entire area will give the cheapest cost for the entire fence
Answer:
The dimensions for the entire area will give the cheapest cost for the entire fence are 40 feet in front, 100 feet on each side, and 40 feet on bottom.
Explanation:
Since Mrs. Jones always wanted a white picket fence in front of her house, and Mr. Jones, her husband, wants a fence around the entire house including a decently-sized lawn in the front and a garden in the back, and the fence border should look like a rectangle, and I have calculated that he would need to fence off an area of 4,000 square feet in order to fit all these things, and he wants to appease his wife and at least build the white picket fence in front of the house, and he plans to build the rest of the fence with chain link, a cheaper material, given that a white picket fence costs $ 7 per foot and a chain link fence costs $ 4 per foot, to determine what dimensions for the entire area will give the cheapest cost for the entire fence, the following calculation should be performed:
Area of a rectangle = base times height = Z x Y = 4,000
80 x 50 = 4,000
40 x 100 = 4,000
20 x 200 = 4,000
20 x 7 x 2 + 200 x 4 x 2 = X = 280 + 1600 = 1880
40 x 7 x 2 + 100 x 4 x 2 = X = 560 + 800 = 1360
80 x 7 x 2 + 50 x 4 x 2 = X = 1120 + 400 = 1520
Therefore, the dimensions for the entire area will give the cheapest cost for the entire fence are 40 feet in front, 100 feet on each side, and 40 feet on bottom.
Steele Corporation has the following information for January, February, and March:
January February March
Units produced 10,000 10,000 10,000
Units Sold 7,000 8,500 10,500
Production costs per unit (based on 10,000 units) are as follows:
Direct materials per unit
$12
Direct labor per unit 8
Variable overhead per unit 6
Fixed overhead per unit 4
Variable selling cost per unit 10
Fixed selling & administrative costs per unit 4
There were no beginning inventories for January, and all units were sold for $50. Costs are stable over the three months. Absorption costing income for March was _____________ than variable costing income.
Answer:
d. $2,000 less
Explanation:
The computation is shown below:
Particulars January February March
Units beg.
inventory 0 3,000 4,500
Units produced 10,000 10,000 10,000
Units sold -7,000 -8,500 -10,500
Units ending
inventory 3,000 4,500 4,000
Now
= $4 × (4,500 - 4,000)
= $2,000
So, here the income arise from absorption costing should be lower than the variable costing as the inventory is reduced
ECONOMICS!
A person wants to buy a violin that costs $400. When he goes to buy it, the
clerk tells him that he will need to pay $440.
Which type of tax explains the extra cost?
A. Corporate tax
B. Property tax
C. Sales tax
D. Income tax
Answer:
The correct answer is C. Sales tax.
Explanation:
Sales tax is a tax on turnover of goods and services. It is usually calculated as a percentage of the value of the goods and services. Sales tax can be imposed at different stages of turnover or it can be cumulative and imposed at all stages of turnover.
In the United States, there is no federal sales tax, but it is set at the state level and therefore varies from state to state. Sales tax typically varies from 1-10% and it differs from product group to product group. The sales tax is paid only once by the consumer. In some cases, the local government may impose additional sales tax, so that locally in some places on certain product groups up to 7-15% sales tax is paid.
1. As a manger, in accordance with the HR process, how would you work in tandem with HR to ensure that you retain quality employees, thus adding to the overall satisfaction of employee, and keeping turn over low?
Answer:
The first crucial guideline and ICT information that the management should be conscious of in order to be able to handle the many responsibilities all at once and achieve relevant achievement for the corporation's administration is to organize appropriately.
The second crucial talent that a manager must possess in order to effectively manage a firm is the ability to organise. This refers to the manager's capacity to delegate necessary duties, obligations, and responsibility to the subordinates.
The infant-industry argument a. has the support of most economists. b. is based on the belief that protecting industries when they are young will pay off later. c. is based on the belief that protecting industries producing goods and services for infants is necessary if a country is to have healthy children. d. is an argument that is advanced by advocates of free trade.
Answer:
b. is based on the belief that protecting industries when they are young will pay off later.
Explanation:
The infant-industry argument is an international trade theory meant to protect industries in their early stages of development from competition from foreign firms. it is not advanced by advocates of free trade.
the theory postulates that infant indtureist be protected from competiton by various tariffs and laws that would discourage import
