Answer: Decrease by $70000
Explanation:
Before the Barbecue Division is eliminated, the profit gotten will be:
Revenue from Barbecue Division sales = $510,000
Less: Salaries = $110000
Less: Direct material = $315000
Profit = $70000
Therefore, based on the analysis above, If Barbecue Division were eliminated, profitability would decrease by $70000
A business set up a campaign. During the process, it tested different placements and observed a higher estimated total reach when it selected automatic placements. What caused this result?
a. Automatic placements more efficiently distributed the ad bids.
b. Automatic placements more efficiently adjusted the cost control.
c. Automatic placements more efficiently set up a bid cap.
d. Automatic placements more efficiently allocated the ad set budget.
Option D) Automatic placements more efficiently allocated the set budget. Automatic placements altered the business cost control more effectively. Automatic placements used the ad set money more effectively.
Advertisement will be shown on placements that are compatible with your parameters to automatic placements. Since our audience targeting is consistent across all business of the available locations, adding new places often aids in locating a larger audience. The default option to provide the best system will be Automatic Placements. Select Manual business Placements, then check the placements you want to include and uncheck the ones you want to avoid, to select your own business.
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the manager in the video discusses the importance of living and working in different countries. if an international firm wants to build a strong corporate culture and informal management network, the firm should choose a(n) staffing strategy. multiple choice
The manager in the video discusses the importance of living and working in different countries. if an international firm wants to build a strong corporate culture and informal management network, the firm should geocentric staffing strategy.
What is staffing strategy?
A human resource strategy called strategic staffing aims to give an organization the workforce it needs to achieve both its present and long-term commercial goals. In essence, strategic staffing makes sure your company has the appropriate mix of full-time and part-time workers to operate effectively. A company's planned growth and organic expansion depend on the effectiveness of its strategic staffing. Business executives can calculate the number of personnel and the abilities required to achieve their goals once they have mapped out the anticipated growth for the upcoming months and years. When it's time to expand, there will be sufficient adequately skilled personnel on hand to satisfy the expectations of the firm since HR professionals map this information against present staff profiles and identify gaps.
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A firm that holds a monopoly position in the market place is ____. A. a price maker
B. a price taker
C. monopolistically competitive
D. subject to infinite market forces
A firm that holds a monopoly position in the market place is a price maker which is option A.
Short answer: What is monopoly?Definition: A market system in which a single seller dominates the market and offers an exclusive product. In a monopoly market, there is no competition for the seller because there is no other close equivalent for the goods he is selling.
What benefits do monopolies have?Large economies of scale can result from monopolies. A business that has a monopoly on a certain kind of product may be able to manufacture large quantities of that product at reduced unit prices. Those reduced pricing could be passed on to the customer, depending on the company's business practices.
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A firm trained its customer service representatives who handled telephone inquiries to handle walk-in customers as well. The firm was engaging in ____.
A. Job design
B. Job enlargement
C. Scientific management
D. Job enrichment
E. Job rotation
Option (b), An organization trained its customer service personnel to assist walk-in clients in addition to telephone questions. The business was involved in Job enlargement.
Job enlargement: What exactly is it?Job enlargement is the process of increasing the scope of a job's responsibilities and obligations while largely maintaining their level and proximity to the primary functions. In order to extend an existing position inside an organization, a number of duties that are done at the same level must be integrated.
Job enlargement refers to the combination of tasks performed at the same level within an organization. The tasks and responsibilities of each team member are increased by putting job expansion into effect. By mixing activities, managers can increase their staff's motivation and engagement at work.
How is it possible to create more jobs?Industries must reevaluate the work-related tasks carried out by their personnel if they are to increase production while decreasing boring activities in other roles. The expansion of jobs is this process.
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The term private property, an essential characteristic of capitalism, has two implications. One is that you get to keep what you have and secondly, it is individuals rather than the government that society's scarce resources.
Capitalism is established on the following pillars:
• personal property, which lets in human beings to personal tangible property such as land and houses and intangible belongings such as shares and bonds;
• self-interest, thru which human beings act in pursuit of their personal good, except regard for sociopolitical pressure.
Why is personal property an fundamental attribute of a capitalistic system?Private property promotes efficiency by way of giving the owner of sources an incentive to maximize its value. The more precious a resource, the greater buying and selling energy it gives the proprietor of the resource. This is because, in a capitalist system, anyone who owns property is entitled to any value related with the property.
Why is personal property possession important?They supply self assurance to men and women and agencies to invest in land, permit non-public agencies to borrow – the use of land as a collateral – to increase job opportunities, and enable governments to acquire property taxes, which are indispensable to finance the provision of infrastructure and offerings to citizens.
The term private property, an essential characteristic of capitalism, has two implications. One is that you get to keep what you have and secondly, it is individuals rather than the government that society's scarce resources. so What are the two implications of private property ?
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https://brainly.com/question/30031367#SPJ4One drawback of a longer distribution channel is that it increases selling costs when the retail sector is very fragmented.
True/False
The answer is True. There is usually a crucial link among channel length, the ultimate asking price, and also the firm's ratio as a result of every mediator in a very channel adds its own markup to the merchandise.
One good thing about a extended marketing is that it cuts mercantilism prices once the longer distribution of the retail sector is a smaller amount. It will create it easier to access exclusive channel. It cuts mercantilism prices once the retail sector is incredibly fragmented.
The three-step model is that the longest distribution and includes a manufacturer, distributer and distributor before a product reaches the buyer. If a manufacturer is victimization the three-step model, they initial sell a product to a distributer. Next, the distributer will sell the merchandise to a distributor.
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Pavlovian Responses, as first discovered by Russian scientist Ivan Pavlov [and his dogs, food and bell] are today better understood as:
Ivan Pavlov is credited with the first demonstration of classical conditioning, which is learning via association. Pavlov demonstrated that if a bell was continually played while food was being given to the dogs, they could be trained to salivate at the sound of the bell.
Pavlov's classical conditioning has found many uses, including in behavioural therapy, in experimental and clinical settings, in classroom settings, and in the systematic desensitization therapy used to treat phobias.
In particular, the dogs were taught to connect the sound of the bell (the conditioned stimulus) with the offering of food (the unconditioned stimulus).
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A property owner is evaluating the following alternatives for leasing space in his office building for the next five years: Net lease with steps. Rent will be $15 per square foot the first year and will increase by $1.80 per square foot each year until the end of the lease. All operating expenses will be paid by the tenant. Net lease with CPI adjustments. The rent will be $16 per square foot the first year. After the first year, the rent will be increased by the amount of any increase in the CPI. The CPI is expected to increase 6 percent per year. Gross lease. Rent will be $33 per square foot each year with the lessor responsible for payment of all operating expenses. Expenses are estimated to be $9 during the first year and increase by $1 per year thereafter. Gross lease with expense stop and CPI adjustment. Rent will be $25 the first year and increase by the full amount of any change in the CPI after the first year with an expense stop at $9 per square foot. The CPI and operating expenses are assumed to change by the same amount as outlined above. Required: a. Calculate the effective rent to the owner (after expenses) for each lease alternative using a 10 percent discount rate. b. How would you rank the alternatives in terms of risk to the property owner?
To answer the first part of your question, I will need to make some assumptions about the size of the leased space and the length of the lease. I will assume that the leased space is 1000 square feet and that the lease is for 5 years.
With these assumptions, here are the effective rents to the owner (after expenses) for each lease alternative using a 10 percent discount rate:
Net lease with steps:
The rent for each year would be as follows:
Year 1: $15/sq ft * 1000 sq ft = $15,000
Year 2: $16.80/sq ft * 1000 sq ft = $16,800
Year 3: $18.60/sq ft * 1000 sq ft = $18,600
Year 4: $20.40/sq ft * 1000 sq ft = $20,400
Year 5: $22.20/sq ft * 1000 sq ft = $22,200
The present value of the rents for the 5 years, using a 10 percent discount rate, would be:
$15,000 / (1.10^1) + $16,800 / (1.10^2) + $18,600 / (1.10^3) + $20,400 / (1.10^4) + $22,200 / (1.10^5) = $75,972.12
Net lease with CPI adjustments:
The rent for each year would be as follows:
Year 1: $16/sq ft * 1000 sq ft = $16,000
Year 2: $16 * 1.06 = $16,960
Year 3: $16 * 1.06 * 1.06 = $17,973.60
Year 4: $16 * 1.06 * 1.06 * 1.06 = $19,054.30
Year 5: $16 * 1.06 * 1.06 * 1.06 * 1.06 = $20,203.04
The present value of the rents for the 5 years, using a 10 percent discount rate, would be:
$16,000 / (1.10^1) + $16,960 / (1.10^2) + $17,973.60 / (1.10^3) + $19,054.30 / (1.10^4) + $20,203.04 / (1.10^5) = $79,196.38
Gross lease:
The rent for each year would be $33/sq ft * 1000 sq ft = $33,000
The expenses for each year would be as follows:
Year 1: $9/sq ft * 1000 sq ft = $9,000
Year 2: $10/sq ft * 1000 sq ft = $10,000
Year 3: $11/sq ft * 1000 sq ft = $11,000
Year 4: $12/sq ft * 1000 sq ft = $12,000
Year 5: $13/sq ft * 1000 sq ft = $13,000
The effective rent for each year would be $33,000 - $9,000 = $24,000
The present value of the effective rents for the 5 years, using a 10 percent discount rate, would be:
$24,000 / (1.10^1) + $24,000 / (1.10^2) + $24,000 / (1.10^3) + $24,000 / (1.10^4) + $24,000 / (1.10^5) = $111,111.11
Gross lease with expense stop and CPI adjustment:
The rent for each year would be as follows:
Year 1: $25/sq ft * 1000 sq ft = $25,000
Year 2: $25 * 1.06 = $26,500
Year 3: $25 * 1.06 * 1.06 = $27,890
Year 4: $25 * 1.06 * 1.06 * 1.06 = $29,347.40
Year 5: $25 * 1.06 * 1.06 * 1.06 * 1.06 = $30,885.45
The expenses for each year would be $9/sq ft * 1000 sq ft = $9,000
The effective rent for each year would be $25,000 - $9,000 = $16,000
The present value of the effective rents for the 5 years, using a 10 percent discount rate, would be:
$16,000 / (1.10^1) + $16,000 / (1.10^2) + $16,000 / (1.10^3) + $16,000 / (1.10^4) + $16,000 / (1.10^5) = $72,727.27
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suppose that anna is a profit-maximizing monopolist who creates a new technology that reduces her marginal and average total costs by $40. if, as a result of this cost reduction, anna changes her price in a profit-maximizing way, then anna's total economic profit will: fall. remain unchanged. rise. it is not possible to make a determination from the information given.
A monopolist needs to maximize profit, and income = complete revenue - complete costs. So, d(TR)/dQ−d(TC)/dQ=0 is the identical as d(TR)/dQ=d(TC)/dQ , which is the equal as MR = MC.
How can a monopolist become aware of the profit-maximizing level of output if it is aware of its whole revenue and whole cost curves?A monopolist can determine its profit-maximizing price and volume with the aid of analyzing the marginal income and marginal costs of producing an greater unit. If the marginal income exceeds the marginal cost, then the firm need to produce the more unit.
The marginal income is the additional revenue added by using increasing the quantity. This is also regarded as the extra income “at the margin.” Therefore, earnings is maximized when marginal price equals marginal income which is the identical as saying when marginal profit equals zero.
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https://brainly.com/question/27970956#SPJ4If the reserve requirement is 20 percent and a monetary expansion increases reserves in the banking system by $10 million, the total change in the money supply after all rounds of lending are completed is ________.
50 million
40 million
200 million
If the reserve ratio is 20% and a money creation increases banking system reserves through $10 million, the massive shift in the supply of money after all cycles of bank loans is $50 million.
What exactly do users mean by banking?
Banking is the biz of safeguarding other people's money. Banks can lend this money, earning interest and profit for both the customer and the bank. A bank is a type of financial institution that is permitted to admit deposits and lend money.
Which are the two primary kinds of banking?
Commercial banks, such as Bank of America, fall under the banking and finance umbrella, as do central banks, which are government entities that oversee the industry and handle monetary policy.
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Insider Trading Barry Switzer was a football coach at the University of Oklahoma. Switzer attended an invitational secondary school track meet that his son was participating in. Sometime in the afternoon, Switzerlaid down on a row of bleachers to sunbathe while waiting for his son's next event, Nearby, George Platt, a member of the board of directors of Phoenix Resources Company (Phoenix), told his spouse that he wanted to dispose of or liquidate Phoenix, that several companies were bidding on Phoenix, and that an announcement of a "possible" liquidation of Phoenix might occur the following week. Platt told this to his spouse in the context of his anticipated business schedule the following week in order to make necessary child care arrangements, Unbeknownst to Platt, Switzer overheard the conversation about Phoenix. After the track meet, Switzer purchased Phoenix stock based on the overheard information. The Securities and Exchange Commission (SEC) learned of the trades and filed an action against Switzer claiming that he committed insider trading. 1. The Securities Exchange Act of 1934 created the select as an Select ✓ agency 2. The Securities Exchange Act of Select provides for the regulation and registration of securities exchanges, brokers, dealers, and national securities associations, 3. The Securities Exchange Act applies to companies that have assets greater than Select ✓, and more than Select shareholders, 4. One of the more important sections of the Securities Exchange Act of 1934 is section Select 5. The purpose of this section is to prevent Select in relation to the buying and selling of securities. 6. An important rule that the SEC has promulgated is SEC Rule Select 7. Among other purposes, the purpose of SEC Rule 105-5 is to prevent Select 8. The traditional insider-trading case involves all of the following except Select buying selling securities based on information not available to the public 9. Platt is the CEO of Select 10. Corporate officers and directors would be expected to have advance Select information that can affect the future market value of the corporate stock 11. Platt would be treated as an Select v in regard to Phoenix and possessed a Select v duty to the company. 12. An individual who receives tips from an insider is known as a Select V 2) The disclosure is made Select V personal benefit, and 3) The tippee 13. A tippee is liable for insider trading if the following requirements are met: 1) There is a Select Select of this breach and benefits from it. 14. Platt would be considered the select and Switzer would be considered the select 15. When Platt told his wife about Phoenix in the context of arranging child care, Platt Select v breach his fiduciary duty to the company not to disclose inside information. 16. Did Platt's inadvertent disclosure to Switzer occur in exchange for personal benefit? Select V 17. Did Switzer, the tippee, know or should have known there had been a breach by the insider when Switzer overheard the conversation? Select V 18. Given the facts above, Switzer is likely Select ✓ of insider trading.
The Securities and Exchange Commission (SEC) learned of the trades and filed an action against Switzer claiming that he committed insider trading.
What is considered insider trading?Insider trading is the act of employees who possess material, non-public knowledge about a firm trading in the stock or other securities of that company. Insider trading may be legal or unlawful, depending on the circumstances surrounding the trade and the laws of the nation the insider is in. Insider trading is the act of individuals trading securities of a company when they have access to sensitive or significant non-public information about that company.
Utilizing this unique access is viewed as a fiduciary duty violation. Insider trading refers to the trading of stock or other securities of a publicly traded firm on the basis of significant, nonpublic knowledge about the company. Some forms of trading using insider information are prohibited in a number of nations.
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In the need-satisfaction presentation format, who should do the majority of the talking during the presentation stage?
a. The prospective customer
b. The sales associate
c. The sales manager
In the need-satisfaction presentation format, The sales manager should do the majority of the talking during the presentation stage. Hence, option C is appropriate.
Who is a Sales manager?Sales managers often have managerial responsibilities such as hiring and terminating staff, identifying the necessity for training as well as supplying it, coaching salespeople, and setting up sales territories. They are also tasked with creating sales strategies and carrying out data analysis so they can make informed decisions.
Sales managers typically have high levels of job satisfaction, receive competitive pay, and have a promising future in this field. Since sales departments immediately impact an organization's success, it is simple to determine how your activities are having an impact on revenue and business expansion.
Hence, option C is Correct.
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firm z is producing 50 widgets using labor and capital. the marginal product of the last unit of labor employed is 500; the marginal product of the last unit of machinery (or capital) is 1000. the unit price of labor is $10, and the unit price of machinery or capital is $100. with competitive input markets, which of the following statements is true?
More labor and less capital should be required to make the 50 widgets since the marginal product of labor exceeds the marginal product of machinery.
What, using an example, is marginal product?An excellent illustration of the marginal output of labor is a restaurant kitchen. Without cooks, the restaurant will produce nothing. The restaurant may produce 10 meals more after hiring one cook, resulting in a positive MPL of 10.
What distinguishes a marginal cost from a marginal product?In terms of economics, marginal cost refers to the entire cost incurred while producing a further unit of a good or service. The additional output produced by one additional unit of input, such as an additional worker, is known as marginal product.
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In December 2020 , a pound of lemons cost $1.896, while a pound of bananas cost $0.572. Three years earlier, the price of lemons was $1.989 a pound and that of bananas was $0.558 a. What was the annual compound rate of growth in the price of lemons? Note: Do not round intermediate colculations. Enter your answer as a percent rounded to 4 decimal places. Negative answers should be indicated with a minus sign. b. What was the annual compound rate of growth in the price of bananas? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places. c. If the same rates of growth persist in the future, what will be the price of lemons in 2030 ? Note: Do not round intermediate calculations. Round your answer to 2 decimal ploces. d. What about the price of bananas? Note: Do not round intermediate calculations. Round your onswer to 2 decimal places.
a. The annual compound rate of growth in the price of lemons is -5.5405%.
This can be calculated using the following formula:
Rate of Growth = ((price in 2020 - price in 2017) / (price in 2017))^(1/3) - 1
Rate of Growth = ((1.896 - 1.989) / (1.989))^(1/3) - 1
Rate of Growth = (-0.093 / 1.989)^(1/3) - 1
Rate of Growth = (-0.05) - 1
Rate of Growth = -5.5405%
b. The annual compound rate of growth in the price of bananas is 1.2072%.
This can be calculated using the following formula:
Rate of Growth = ((price in 2020 - price in 2017) / (price in 2017))^(1/3) - 1
Rate of Growth = ((0.572 - 0.558) / (0.558))^(1/3) - 1
Rate of Growth = (0.014 / 0.558)^(1/3) - 1
Rate of Growth = (0.025) - 1
Rate of Growth = 1.2072%
c. If the same rates of growth persist in the future, the price of lemons in 2030 will be $2.13.
This can be calculated using the following formula:
Price in 2030 = (price in 2020) * (1 + Rate of Growth)^(years)
Price in 2030 = (1.896) * (1 - 0.055405)^(10)
Price in 2030 = (1.896) * (0.94459)
Price in 2030 = 1.7912
Price in 2030 = $2.13
d. If the same rates of growth persist in the future, the price of bananas in 2030 will be $0.725.
This can be calculated using the following formula:
Price in 2030 = (price in 2020) * (1 + Rate of Growth)^(years)
Price in 2030 = (0.572) * (1 + 0.012072)^(10)
Price in 2030 = (0.572) * (1.13369)
Price in 2030 = 0.6470
Price in 2030 = $0.725
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the bumpers that pop-up along alleys whenever children bowl relate to marketing strategy because they function like:
The bumpers that pop-up along alleys whenever children bowl relate to marketing strategy because they function like Marketing Law.
What is Marketing Law?
Marketing law applies to all of those channels of contact between companies and customers. It involves everything from the creation of consumer promotions to the marketing of food, alcohol, and medicine items. Marketing law focuses on the laws, precedents, and policies that are pertinent to preventing consumer harm brought on by deceptive marketing strategies utilised in the sale of goods and services. to ensure the truth and integrity of the promises and statements made in advertisements. to ensure that marketing abides by accepted standards of decency everywhere.
A marketing strategy is a company's overarching plan for connecting with potential customers and persuading them to purchase its products or services. A marketing plan typically includes the value proposition of the company, key brand messages, data on target customer demographics, and other significant elements.
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FILL IN THE BLANK. fixed costs are important because, at least in the ___ , the firm ___ . long run; cannot alter them short run; cannot alter them long run; can alter them short run; can alter them.
Fixed costs are important because, at least in the short run, the firm cannot alter them.
What transpires with fixed costs over time?Long-term, none of the costs are fixed. A company has two options: it can either close down old facilities or develop new factories and buy new equipment. A company might contrast several manufacturing technologies or processes while making long-term plans.
What does it mean that there are no long-term fixed costs?Given that the long run is a sufficient amount of time for all short-run fixed inputs to become variable, there are, by definition, no fixed costs in the long run.
What are the firm's short-term fixed costs?Fixed expenses are outlays that, at least temporarily, are unaffected by the level of production. No matter how much or how little you generate, the fixed costs remain the same. The rent for a manufacturing or a retail location is one illustration.
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when issues are complex, better solutions are needed, commitment is needed, and time is available, the conflict-handling style is appropriate.
Conflict management is to reduce negative effects and help the parties concerned reach a resolution and agreement. Depending on the nature of the issue, you should choose a certain conflict management approach.
What are the abilities involved in managing conflicts?Skills for handling conflicts. Effective conflict management requires the correct abilities. The following are the key abilities you need to handle disagreement at work , Communication.
What styles are there for addressing conflicts?High care for oneself and others when integrating. The integrating approach, sometimes referred to as issue solving, shows a great level of concern for both oneself and others. Low self-interest and considerable concern for others characterize obedience. dominating: having a great self-consciousness and minimal empathy for others.
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the access control mechanism whereby unverified entities of supplicants who seek access to a resource provide a label by which they are known to the system
The process of supplicants or unverified entities requesting access to a resource providing a label that identifies them to the system is known as authentication.
Network data packets are scanned by packet-filtering firewalls for compliance with the firewall's database's rules.
The process of verifying a supplicant's claimed identity is referred to by which term?
The process of verifying a supplicant's claimed identity is known as authentication. the supplicant is aware of and able to recall, for instance, a password, passphrase, or another distinct authentication code, such as a personal identification number (PIN).
What is Kerberos's reputation?
The enormous, three-headed hound of Haides known as KERBEROS (Cerberus) prevented the spirits of the dead from fleeing the gates of the underworld. Kerberos was depicted as a dog with three heads, a snake's tail, a snake's mane, and the claws of a lion.
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Which of the following is true when a European currency option is valued using forward exchange rates?
A. It is not necessary to know the domestic interest rate or the spot exchange rate
B. It is not necessary to know either the foreign or domestic interest rate
C. It is necessary to know the difference between the foreign and domestic interest rates
but not the rates themselves
D. It is not necessary to know the foreign interest rate or the spot exchange rate
The correct option is D i.e. It is not necessary to know the foreign interest rate or the spot exchange rate.
The spot exchange rate is that the current quantity one currency can trade for one more currency at a selected purpose in time. it's the open value that a merchandiser pays to shop for another currency. A spot rate is that the current value at that an individual might exchange one currency for one more, for delivery on the earliest doable price date. money delivery for spot currency group actions is sometimes the quality settlement date of 2 business days once the transaction date (T+2).
In forex, the cash price is typically stated because the spot rate, and it's the quoted rate between 2 currencies in an exceedingly forex try. for instance, if the quoted rate for EUR/USD was $1.2354, then that's conjointly the spot rate. This figure shows that you simply would need to pay $1.2354 so as to shop for €1.00.
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Alex, an at-will employee, worked for Falls Industries, Incorporated for ten (10) years and had always received satisfactory performance evaluations. After arriving late for work twice, he was fired. He sued Falls Industries, Incorporated, claiming wrongful discharge and alleging that the employee manual specified three (3) infractions must occur before discharge. Alex is pursuing which of the following judicial limitations to at-will employment?
A. Express or implied contracts
B. The doctrine of respondeat superior
C. An implied covenant of good faith and fair dealing
D. The tort of violating an established public policy
Alex is pursuing an implied covenant of good faith and the fair dealing judicial limitations to at-will employment.
What is good faith?Regardless of how a human encounter turns out, good faith refers to a real purpose to be fair, honest, and open-minded. Over the years, certain Latin expressions have lost their exact meaning, but not bona fides, which is still frequently used and interchangeable with its widely-accepted contemporary English translation of "good faith." It is a crucial idea in both business and law. The opposing ideas include mala fides (duplicity), poor faith, and perfidy (pretense). The words bona fides and credentials are interchangeable in modern English. The statement, which is occasionally used in job advertisements, should not be mistaken with the genuine occupational requirements or the employer's good faith attempt.
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FILL IN THE BLANK in a ______ most economic decisions about what to produce, how to produce it, and for whom to produce it are made by buyers and sellers.
Buyers and sellers make the majority of economic decisions in a market-oriented economy regarding what to create, how to produce it, and for whom to produce it.
What is Market orientation?Market orientation perspectives include decision-making perspectives, market intelligence perspectives, culturally based behavioral perspectives, strategic perspectives, and customer orientation viewpoints. According to them, the marketing idea is a business philosophy, but the word market orientation refers to the actual application of the marketing concept. They went on to say that "a market orientation appears to give a unifying focus for the activities and initiatives of individuals and departments inside the business."
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Vaughn Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 8,000 March 4,000 February 6,400 April 3,200 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 3,200 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter.
Total Cost of Direct Material purchases= $145,710 $113,550 $76,320
DIRECT MATERIALS PURCHASE BUDGET
JANUARY FEBRUARY MARCH APRIL
Units to be produced 10110 8130 5330 4120
Direct Material per unit 5 5 5 5
Total pounds need for production 50550 40650 26650 20600
Desired Ending Direct Materials (pounds) 8130 5330 4120
Total Material Required 58680 45980 30770
Less: Beginning Direct Materials (Pounds) 10110 8130 5330
Direct Material Purchases 48570 37850 25440
Cost Per Pound $ 3 $ 3 $ 3
Total Cost of Direct Material purchases $ 145,710 $ 113,550 $ 76,320
A raw cloth, also called a feedstock, unprocessed fabric, or number one commodity, is a simple material this is used to produce items, finished goods, energy, or intermediate materials which can be feedstock for destiny completed products. As feedstock, the time period connotes those materials are bottleneck belongings and are required to produce other products. Iron ore can be determined in a large number of bureaucracy and resources. The primary forms of iron ore today are Hematite and Magnetite.
The term uncooked material denotes substances in unprocessed or minimally processed states; e.g., raw latex, crude oil, cotton, coal, raw biomass, iron ore, air, logs, water, or "any manufactured from agriculture, forestry, fishing or mineral in its herbal form or which has passed through the transformation required to prepare it for global advertising in big volumes". The term secondary raw fabric denotes waste fabric which has been recycled and injected back into use as efficient cloth.
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One characteristic of a perfectly competitive market is that there are _____ sellers of the good or service.
a. a few
b. usually fewer than 10
c. one or two
d. many
One characteristic of perfectly competitive market is that there are many sellers of good or service.
What is perfect competition?In economics, specifically general equilibrium theory, perfect competition, or atomistic competition, is the term used to describe the idealizing circumstances that constitute an atomistic market, also known as a perfect market. When the amount supplied for each commodity or service, including labor, equals the amount demanded at the current price, a market will reach equilibrium, it has been demonstrated in theoretical models with perfect competition. This equilibrium is a Pareto optimum one. The theory of imperfect competition was established to explain the more real-world form of market interaction that occurs between perfect competition and a monopoly. Due to imperfect competition, it is common for sellers to set different prices for commodities, which suggests that they are doing it to increase sales.
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a company recorded 2 days of accrued salaries of $1,450 for its employees on january 31. on february 9, it paid its employees $7,100 for these accrued salaries and for other salaries earned through february 9. the january 31 and february 9 journal entries are:
We have recorded the 2 days salary of Jan month as an accured expenses.
Salaries Expense/ Ac Dr. 1450
To Salaries Payable A/c. 1450
In the month of Feb, we paid salary upto 9 Feb and also the balance amount of Jan month.
Our Liability for the month of January is 1450, so salary payable a/c is debited by 1450/-
And the balance amount belongs to February month.
So the Entry is -
Salaries Expense A/c Dr. 5650
Salaries Payable A/c Dr. 1450
To Cash. 7100
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Full Question: A company recorded 2 days of accrued salaries of $1,450 for its employees on January 31. On February 9, it paid its employees $7,100 for these accrued salaries and for other salaries earned through February 9. Assuming the company does not prepare reversing entries, the January 31 and February 9 journal entries are: Multiple Choice C) 1/ 1.450 salaries Expense Salaries Payable 1.450 12/9 salaries Expense Salarios Payable Cash 5,650 1,450 7,100 1,450 1/31 Salaries Expense Salaries Payable 1.450 2/9 Salaries Payable Salaries Expense 5,650 1,450 7,100 < Prev 8 of 19 !!!
travor reprted a $63000 coronavirus related distributio on his 2020form 8915-E and spread their income over 3 years 2020 trough 2022 and he made repayments$21000 in 2020 and in 2021 but only made repayment of $6000 in 2022 how much of the distribution if any would he required to reconize asincome 2022.
Distributions and repayments connected to the coronavirus will be reported on IRS Form 8915-E, Qualified Disaster Retirement Plan Distributions and Repayments.
What is for 8915-E ?A CRD is a distribution made from an IRA or employer plan (like a 401(k)) by a qualifying person between January 1, 2020, and December 31, 2020.
Your tax preparer must submit Form 8915-E together with your tax return if you receive a CRD in order to record the CRD and any repayment of the CRD. The IRS Form 1099-R for the CRD will be issued by your IRA custodian or plan trustee. Your IRA will be informed of any CRD repayments via IRS Form 5498.
When receiving a CRD, an eligible individual has three years to ratably incorporate the taxable portion of the distribution in their income.count the entire sum as income in 2020, or a period beginning in 2020.
A taxable year must handle all CRDs that are received uniformly. Either every distribution is counted as income proportionately over three years, or it is counted as income the year it is made.
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Consider the following project: Activity Immeadiate Predecessors Durations (weeks) A - 5 B A 3 C A 2 D B 3 E C 7 F B , C 3 G D , E 6 H C 2 Which one of the following would expedite the project?
Activity Immeadiate Durations
Predecessors (weeks)
A - 5
B A 3
C A 2
D B 3
E C 7
F B , C 3
G D , E 6
H C 2
Multiple Choice
Expediting D by 1 week
Expediting G by 1 week
Expediting F by 1 week
Expediting H by 1 week
Option B is Correct which states Expediting G by 1 week and rest all options are incorrect because they are about non critical activities.
Activity times can be calculated as below :- image attached below the answer.
Activities having slack = 0 are critical activities hence critical activities are A, C, E and G. Project duration is determined by the latest finish time of last critical activity.
hence estimated project duration = latest finish time of last critical activity viz activity G = 20 weeks
only critical activities can be expedited to expedite the project duration while expediting non critical activities have no effect on project duration.
hence either of critical activities A, C, E and G to be expedited.
Therefore among given options, the correct choice is Expediting G by 1 week
Rest all options are incorrect because they are about non critical activities
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Mira and Lemma are equal owners of a business entity. Each contributed $96,000 cash to the business. Then the entity acquired a $384,000. loan from a bank. This year operating profits totaled $115,200. Determine Lemma’s basis in her interest at the end of the tax year assuming that the entity is a partnership, a C corporation, or a S corporation.
a. If the entity is a partnership, Mira and Lemma each have a basis of $_____
at the end of the year.
b. If the entity is a C corporation, Mira and Lemma each have a basis of $_____
at the end of the year.
c. If the entity is an S corporation, Mira and Lemma each have a basis of $_____
at the end of the year.
A general partnership, also known as a partnership business entity, is a company having two or more owners who operate their company in accordance with the rules of an oral or written partnership agreement.
Find the solution ?
The simplest form of joint ownership for two or more people is a partnership.Limited partnerships (LP) and limited liability partnerships are the two most prevalent types of partnerships (LLP).
Mira and Lemma each have a basis of $90,000 at the end of the year if the company is a partnership.If the company is a C corporation, Mira and Lemma will each conclude the year with a base of $25,000.If the company is a S corporation, Mira and Lemma will each conclude the year with a basis of $40,000.T/FThe individual rates are lower than the corporation rates at some income levels.
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Seaside inc acquired an equipment on january 1 for 31000 with an estimated four year life and 2000 residual value. seaside uses straight-line depreciation. which of the following entries would be used to record the sale of equipment for 10000 on december 31, 2026
The formula for calculating straight line depreciation is: Straight line depreciation = (cost of the asset – estimated salvage value) ÷ estimated beneficial life of an asset. Where: Cost of Asset is the preliminary purchase or building fee of the asset as nicely as any related capital expenditure.
What is straight line depreciation?Straight-line depreciation is an accounting process that spreads the cost of a fixed asset over the period an company expects to gain from its use. Depreciation influences a company's earnings statement, stability sheet, profitability and net assets, so it is essential for it to be correct.
Straight Line Example
Cost of the asset: $100,000. Cost of the asset – Estimated salvage value: $100,000 – $20,000 = $80,000 total depreciable cost. Useful life of the asset: 5 years. Divide step (2) through step (3): $80,000 / 5 years = $16,000 annual depreciation amount.
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https://brainly.com/question/24279065#SPJ4At the end of 2021, your company recorded taxable income of $15,022. Tax rate this year was 20%. You are facing uncertainty regarding future income and tax rates and would like to prepare a scenario analysis. You narrowed down the possibilities for next year to the following: * Taxable income: 4 scenarios - a. Decrease of 10%, b. No change, c. Increase of 10%, d. Increase of 15%. * Tax rate: 2 scenarios - a. 15%, b. 30% 1) What is net income (income after taxes) this year? (round your answer to the nearest dollar) 2) What is the maximum net income (income after tax) possible next year under these scenarios? (round your answer to the nearest dollar) 3) Suppose the probabilities of each of the scenarios descibed above are the same (12.5% each), what is your expected net income next year? (round your answer to the nearest dollar) 4) Suppose the probabilities for each scenario are the following: income -10% income same income +10% income +15% tax rate 15% 0.1 0.2 0.1 0.1 tax rate 30% 0.1 0.2 0.1 0.1 what is the expected net income next year? (round your answer to the nearest dollar) 5) Assume that the unconditional probabilities for each of the different income scenarios is the same (25% each). What is the probability associated with tax rate 30% that will bring your net income next year to the same net income as this year? (probability of each of the 8 scenarios is the product of the probability of a tax scenario and the probability of the income scenario - for example if the probability of tax rate decrease is 50% then the probability of the first cell in the above table will be 0.5*0.25=0.125) (enter your answer as a number between 0 and 1 rounded to the third decimal point - for example 43.669% should be entered as 0.437 )
The Net income after tax = $15022 - 20% of 15022 = $12018. and Maximum net income after tax = $17275 - 15% of $17275 = $14684.
Sales minus cost of products sold, selling, general and administrative expenditures, operational expenses, depreciation, interest, taxes, and other expenses equals net income (NI). It is a valuable figure for investors to determine how much an organization's income surpasses its costs. This figure appears on a company's income statement and is a measure of profitability. Net income is used by businesses to compute earnings per share. Because it lies at the bottom of the income statement, business analysts sometimes refer to net income as the bottom line. In the United Kingdom, analysts refer to NI as profit attributable to shareholders.
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cerebrospinal fluid enters the blood circulation at the cerebrospinal fluid enters the blood circulation at the dural drain. superior sagittal sinus. jugular veins. frontal sinus. tentorium cerebelli.
Cerebrospinal fluid enters the blood circulation at superior sagittal sinus.
What is cerebrospinal fluid and its functions?
Cerebrospinal fluid is made from the tissue that lines the ventricles (cavities) of the brain. Flows in and around the brain and spinal cord to protect against damage and provide nourishment.
What is cerebrospinal fluid?Cerebrospinal fluid (CSF) is a clear, colorless, watery fluid that flows in and around the brain and spinal cord. The brain and spinal cord make up the central nervous system. It controls and coordinates everything you do: move, breathe, see, think.
How to increase the flow of CSF?CSF flow, or brain cleansing, is also associated with the practice of deep breathing: studies have shown a specific increase in her CSF flow during inspiration (inhalation), and an even greater increase during forced inspiration. This study supports the predicted effects of pranayama, or yoga breathing techniques.
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