Melhoyo Corporation, a manufacturing company, has provided data concerning its operations for September. The beginning balance in the raw materials account was $37,000 and the ending balance was $29,000. Raw materials purchases during the month totaled $57,000. Manufacturing overhead cost incurred during the month was $102,000, of which $2,000 consisted of raw materials classified as indirect materials. The direct materials cost for September was: Group of answer choices

SWOT is a technique for assessing an organization Strengths, Weaknesses, Opportunities, and Threat in market while competing with other organization.

In conclusion, the part of the SWOT Analysis that must be performed by CVS because of entry of Amazon into the healthcare market is the Threat Analysis. The threat analysis helps an organisation to access threat which the competitors poses to its existence.

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Answer: 770,000

Explanation:

Assuming materials are entered at the beginning of the process, the equivalent units materials will be:

Beginning work process = 40,000 units

Started into production = 730,000 units

Then equivalent units materials will be:

= 40000 + 730000

= 770000

Answer:

Semtech Manufacturing

1. Initial valuation of each asset:

Land = $3,526,460

Building = $1,511,340

2. The initial valuation of land = $5,449,800

Explanation:

a) Data and Calculations:

Cost of purchased land and building = $5 million

Additional expenditures:

Title insurance $ 24,000

Legal fees for drawing the contract 9,000

Prorated property taxes for the period after acquisition 44,000

State transfer fees 4,800

Allowed additional costs:

Title insurance            $ 24,000

Legal fees for

drawing the contract      9,000

State transfer fees          4,800

Total additional costs $37,800

Total expenditure on the land and building = $5.037.8 million

Initial valuation of each asset:

Land = $3,526,460 ($5,037,800 * $4,200,000/$6,000,000)

Building = $1,511,340 ($5,037,800 * $1,800,000/$6,000,000)

Cost of land after the demolition of the building:

Initial purchase cost of land and building = $5 million

Additional cost = $37,800

Demolition costs = $330,000

Salvage of materials ($5,000)

Clearing and grading land = $87,000

Total cost of land = $5,449,800

Answer:

D. Employees would be more motivated

Explanation:

The introduction of new technology into production process has so many benefits such as:

1. Productivity would increase: It is known that machines work faster and more accurately than man. This will increase the output of the company

2. Achieve a competitive advantage: If a producer introduces new technology to his work unlike his competitors that still uses old technology, he has more advantage over the market of the product produced because of improved standard of the product and increase in output.

3. Decrease in labor cost: The cost of using labor in production process is higher compared to the use of machines. If 5 labors can produce 100 units of goods in 5 hours, then, one machine should be able to produce more or equivalent in the same time

The disadvantage of introducing new technology is there's no motivation for workers. Salary is one of the major motivation of workers. Salaries of workers won't increase because of new technology, rather, it may decrease because they now perform less work in the production process.

D. Employees would be more motivated

Answer:

publich investment in highways

Answer:

a.

Date              Account Title                                  Debit                     Credit

XX-XX-XX     Petty Cash                                   $250

                     Cash                                                                               $250

b.

Date              Account Title                                  Debit                     Credit

XX-XX-XX     Entertainment expense                    $41

                      Postage                                             $25

                      Printing                                              $12

                     Petty Cash                                                                    $  78

Date              Account Title                                  Debit                     Credit

XX-XX-XX     Petty Cash                                       $78

                      Cash                                                                                $78

2. Reasons why a Petty Cash account would be credited:

a. Fund amount is being reduced.

c. Fund is being eliminated

When the fund is being reduced by expenses, it is credited as shown above.

When the fund is to be eliminated, it will be credited so as to remove all the money in it.

Answer:

c

Explanation:

Answer:

B. The portfolio beta is greater than 1.0

Explanation:

the answer to this question is option b. The portfolio beta is greater than 1.0. the reason is simple. we have the portfolio of expected return, which is 15% to be greater than the market portfolio of return which is 10 percent, then this is to tell us that the portfolio beta is going to be greater than 1.

15% is greater than 10%.

Answer:

would leave the market first if the price were any lower.

Explanation:

Utility can be defined as any satisfaction or benefits a customer derives from the use of a product or service.

Thus, any satisfaction or benefits a customer derives from the use of a product or service is generally referred to as a utility.

In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

A marginal seller refers to an individual or business firm that is most willing to sell his or her goods and services at a price that is typically equal to their economic cost while forfeiting producer surplus.

A producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.

Hence, a marginal seller is the seller who would leave the market first if the price were any lower.

Answer:

Dr Factory Overhead $29,200

Cr Materials 8800

Cr Wages payable 6600 Cr Utilities Payable 4800

Cr Accumulated Depreciation-Factory 9000

Explanation:

Preparation of the entry to record the factory overhead incurred during May.

Dr Factory Overhead $29,200

($8,800 + $6,600 + $4,800 + $9,000)

Cr Materials 8800

Cr Wages payable 6600 Cr Utilities Payable 4800

Cr Accumulated Depreciation-Factory 9000

(To record the factory overhead incurred during May)

Answer:

This action may be effective because commodity demand tends to be inelastic, so the higher prices may result in higher income for commodity producers, at least in the short term.

Explanation:

Essential commodities such as basic food items, gasoline, electricity, water, and other utilities, tend to have an inelastic demand simply because consumers cannot go without them, and they tend to prioritize these commodities over other goods and services.

This means that the higher prices caused by government intervention do not necessarily result in less demand, and the same amount of people buying the same amount of commodities at a higher price simply means a higher sales revenue for commodity producers.

Answer:

A

B

C

D

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

Weighted average cost method calculates the cost of goods sold as the weighted average of cost of inventory

In periods of rising prices, later purchased goods would have a higher price. As a result, LIFO would report a lower net income while companies using FIFO would report the highest gross profit and net income.

Because of the high net income reported under FIFO, tax paid would be the highest too

Answer and Explanation:

The computation of the effective annual rate in each of the following cases is shown below;

a. For quarterly

Effective annual rate = (1+0.094 ÷ 4)^4 - 1

= 9.74%

b. For monthly

Effective annual rate = (1+0.184 ÷ 12)^12 - 1

= 20.03%

c. For daily

Effective annual rate = (1+0.144 ÷ 365)^365 - 1

= 15.49%

In this way it should be calculated and measured  

Answer:

a sign posted in a police station ✓

Answer: E. Ellen is incorrect.

Explanation:

From the information provided, we can deduce that Bill is incorrect. This is because the statement made by Bill that "Congress lacks the authority to tax in this manner because the U.S.Constitution expressly reserves that right to the states" is incorrect. It should be noted that the constitution of the United States contains no such reservation.

Also, Ellen is incorrect. This is because the Congress has the authority to link highway funds or any other funds with social welfare objectives.

Answer:

allowing some government regulation of a mostly free market economy

Explanation:

Answer:

Giá trị của hàng hóa được quyết định bởi: ► Lao động của người sản xuất hàng hóa kết tinh trong hàng hóa. ► Sự hao phí sức óc, bắp thịt, thần kinh của con người. ☺ Lao động trừu tượng của người sản xuất hàng hóa kết tinh trong hàng hóa. ► Quan hệ cung cầu về hàng hóa ở trên thị trường.

Explanation:

Answer:

Jennifer

The return on investment of the Gamma stock is:

a) 7%

Explanation:

a) Data and Calculations:

January 1, 20X1 Purchase of common stock of Gamma Corporation = $100,000

Dividend received from Gamma Corporation stock = $3,000

December 31, 20X1, Sale of Gamma Corporation stock = $104,000

Capital gains from the sale of Gamma stock = $4,000 ($104,000 - $100,000)

Total returns from the Gamma stock = Dividend Plus Capital Gains

= $7,000 ($3,000 + $4,000)

Return on investment of the Gamma stock = 7% ($7,000/$100,000 * 100)

Answer: $800 less than standard for the achieved level of activity

Explanation:

A flexible budget variance refers to the difference that occurs between the results that are gotten by a flexible budget model and the actual results gotten.

Since the flexible-budget variance is $800 favorable for unit-related costs, this indicates that costs were $800 less than standard for the achieved level of activity.

Therefore, the correct option is D.

Answer:

Positive Economics is the branch that deals with analysis of relationship among variable for establishment of cause and effects.

Normative Economics is the branch that deals with value judgement, what ought to be and not.

Statement                                                                 Classification

1. Economic development should not               Normative Economics

take place at the expense of social justice.

2. The government can increase labor             Positive Economics

productivity by improving public education.

3. Society faces a short-run trade-off                Positive Economics  

between inflation and unemployment.

4. The Federal Reserve should take                  Normative Economics

action to lower the inflation rate.

5. The government must take action                 Normative Economics

to reduce the unemployment rate.

Answer:

For Capital Incentive manufacturing method = 26,623 Units

For Labor Incentive manufacturing method = 10,714 Units

Explanation:

We are asked to find out the annual break - even point in units if Sharpie uses the Capital Intensive Method and Labour intensive Method.

Solution:

1. For Capital Intensive Method:

Direct Materials = 10

Direct Labor  = 4

Variable MOH  = 5

Variable Selling =  4

Total Variable Cost = T = 23  

Selling Price = P = 100

Contribution Margin = M = P-T = 77

Fixed Overhead:

Fixed MOH = 1800000

Fixed Selling costs = 250000

Total Fixed Costs  = 2050000

Break Even Point in Units = Total Fixed Cost / M  = 26623

2. For Labor Intensive Method:

Direct Materials = 12

Direct Labor  = 12

Variable MOH  = 2

Variable Selling =  4

Total Variable Cost = T = 30

Selling Price = P = 100

Contribution Margin = M = P-T = 70

Fixed Overhead:

Fixed MOH = 500000

Fixed Selling costs = 250000

Total Fixed Costs  = 750000

Break Even Point in Units = Total Fixed Cost / M  = 10714

Answer:

only if we include environmental and social goals in the planning.

Explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.

Sustainable development can be defined as an idea or development model that is typically aimed at providing basic human needs such as food, fiber, textiles, etc., without compromising or jeopardizing the ability of future generations to create agricultural solutions to their own basic needs.

Generally, economic goals for sustainable development and growth of a country can be formulated only if environmental and social goals are included in the planning.

Question Completion with Options:

1. Interactional Fairness

2. Distributive Fairness

3. Procedural Fairness

4. Trust

Answer:

1. Managerial skills being illustrated in each of the examples presented:

a. Trust

b. Interactional fairness

c. Distributive fairness

2. 1. First impression bias

Explanation:

Trust: Here, Charles showed a lack of trust in one of his colleagues who was a gossip.

Interactional fairness: The quality of time spent interacting with another person can improve perceptions and relationships.

Distributive fairness: This involves a comparison of outcome with the cost incurred to earn the benefit.

Procedural fairness requires fairness in decision-making without bias.

Answer: 1. Portfolio

2. • Protecting property rights and enforce contracts.

• Providing tax breaks and patents for firms that pursue research and development in health and sciences.

3. All of the above

Explanation:

1. Since the wealthy French citizen buys $2 million worth of stock issued by an American corporation and the American firm uses the proceeds for a factory expansion, then this is considered to be an example of foreign portfolio investment in the United States.

2. The policies that are consistent with the goal of increasing productivity and growth in developing countries include:

• Protecting property rights and enforce contracts.

• Providing tax breaks and patents for firms that pursue research and development in health and sciences.

3. The possible outcomes of rapid population growth include a reduction in the human capital per worker, a reduction in capital per worker and an increase in technological knowledge. Therefore, the answer is all of the above.

The firm utilizes foreign proceeds for the expansion of its factory. Thus, this is an example of foreign portfolio investment in the United States.

The purchase of foreign securities, such as stocks and bonds, on an exchange is known as foreign portfolio investment.

For the first case, the American firm uses foreign portfolio investment for the expansion of its factory.

For the second case, policies that are in line with the goal of enhancing productivity and growth in developing countries include the following:

For the third case, the outcomes of rapid population growth are:

Therefore, the correct answer for the first case is Foreign portfolio investment, for the second case Option (i), (ii), and for the third case Option (iv) All of the above is the correct answer.

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Answer:

Option "a" is correct.

Explanation:

Below is the given values:

The last year supply of Cocoa nibs at $9 = 10 pounds

This year the supply of Cocoa nibs at $12 = 10 pounds

The supply and price of a commodity are directly related to each other. Thus it is given that price increases from $9 to $12. So, the producer will induce to supply more quantity when the price increases.

Therefore, Option "a" is correct.

Answer:

Option B

Explanation:

In simple words, Activity-based budgeting (ABC) is a better way to allocate overhead expenses.  The expense of each recurrence of an overlay occurrence throughout the procedure is determined during first step of allocation. The cost of every incidence is then allocated to individual things manufactured by the company inside the second stage.

Thus, from the above we can conclude that the correct option is B.

Answer:

Following are the solution to the given points:

Explanation:

For point a:

After-tax profit for each country.

For Country X:

[tex]Particulars \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount(\$)\\\\Gross \ \ Revenue\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,000,000\\\\ Operating\ \ Expenses \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,500,000\\\\ Pre-tax \ \ Profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,500,000 \\\\[/tex]  

[tex]Tax \ [ 2,500,000 \times 20\% \ ] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 500,000\\\\ After-tax\ \ profit\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,000,000[/tex]

For Country Y:

[tex]Particulars \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount(\$)\\\\Gross \ \ Revenue\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,000,000 \\\\Operating\ \ Expenses \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,800,000\\\\[/tex]

[tex]Pre-tax\ \ Profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,200,000\\\\Tax\ [40,00,000 \times 10\%] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400,000 \\\\After-tax\ \ profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,800,000[/tex]

For point b:

For Country X:

Lardo is expected to establish its new plant in Country X, because Country X's after tax income is higher than Country y's after-tax income [$1,800,000].

The study in this lesson tells you to make a representation on your level of interest.

The work is asking the student to show the things that they did within this period of 24 hours.

The use of colors is to partition the interests and also show the activities that he must have spent the longest time on.

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Answer:

C

Explanation:

Answer:

The answer is C.

Explanation:

The correct option to the question is C.

Debit pension expense and credit cash.

Because the pension expense account is increasing, we debit. Increase in expense goes to the debit side.

And because cash is reducing by paying out pension expense from there, we credit the cash account. Decrease in asset(like cash) goes to the credit side.

Answer:

Sales Returns and Allowances 150

Accounts Receivable 150

Explanation:

When goods are returned, the sales revenue decreases through Sales Returns and Allowances which is an expense. So, it is debited and the goods sold on account, the Accounts Receivable which is an asset decreases, so it is credited.

Account Titles and Explanations      Debit   Credit

Sales Returns and Allowances            $150

     Accounts Receivable                             $150

(To record sales returns)