companies often consider outsourcing so they can focus on their core competencies. (true or false)

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Answer 1

The given statement in the given question about companies being outsourcing to focus on core competencies is True.

Outsourcing is a common strategy that companies use to focus on their core competencies. Outsourcing refers to the practice of contracting with third-party vendors to perform certain business functions that are not considered core to the company's operations. By outsourcing non-core functions, companies can free up resources and focus on the activities that are most critical to their success. For example, a manufacturing company might outsource its accounting or IT functions to a third-party vendor so that it can focus on its core competencies of production and product development.

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an increase in investment demand for capital goods accompanied by an increase in household savings will result in which of the following in the market for loanable funds? responses the demand curve for loanable funds will shift to the right along an unchanged supply curve, increasing the quantity supplied of funds and the real interest rate. the demand curve for loanable funds will shift to the right along an unchanged supply curve, increasing the quantity supplied of funds and the real interest rate. the demand and supply curves of loanable funds will shift to the right, causing a decrease in the real interest rate. the demand and supply curves of loanable funds will shift to the right, causing a decrease in the real interest rate. the equilibrium real interest rate will increase, but the impact on the quantity of loanable funds is indeterminate. the equilibrium real interest rate will increase, but the impact on the quantity of loanable funds is indeterminate. the equilibrium quantity of loanable funds will increase, but the impact on the real interest rate is indeterminate. the equilibrium quantity of loanable funds will increase, but the impact on the real interest rate is indeterminate. there will be a surplus of funds in the market for loanable funds.

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An increase in investment demand for capital goods accompanied by an increase in household savings will result in the following in the market for loanable funds:

The demand curve for loanable funds will shift to the right along an unchanged supply curve, increasing the quantity supplied of funds and the real interest rate. In the market for loanable funds, investment demand and saving behavior are related to the interest rate.

The market for loanable funds is made up of borrowers who want to borrow money to invest in capital goods (e.g., machinery, factories, and computers) and savers who want to save their money. The demand curve for loanable funds depicts how many loans borrowers are willing to take out at each interest rate, while the supply curve for loanable funds depicts how much savers are willing to lend at each interest rate.

This implies that when there is an increase in the demand for loanable funds, it would lead to a shift in the demand curve to the right, causing an increase in the real interest rate and the quantity of loanable funds.

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auditor review of subsequent period invoices to verify all receivables are recorded is verification of

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Auditor review of subsequent period invoices to verify all receivables are recorded is verification of completeness of assets.

Completeness assertion refers to the completeness and accuracy of transactions and events that should be recorded in the financial statements. Accounts receivable is a balance sheet asset, and the review of subsequent period invoices is used to verify the completeness of revenue recognition transactions that impact the accounts receivable balance.

The completeness assertion ensures that all transactions and events that should be recorded in the financial statements have been properly recorded, including those that affect asset balances. Therefore, while the review of subsequent period invoices does relate to accounts receivable, it is specifically used to verify the completeness of transactions and not the completeness of assets.

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1.1 if john deposits $200 in the bank each month for 5 years where the annual interest rate is 7.5%, how much does he have in the bank at the end of the five years?

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Simple interest is the quantity of hobby charged on a sum for a given period of time and at a given rate. Simple hobby can be calculated the use of the simple pastime calculator. Thus, the simple hobby on a loan of Rs 1,000 with 5 p.c hobby after 3 years is Rs 150.

What is the compound interest on Rs ten thousand at 5% per annum?

Ab Padhai karo bina ads ke

Updated On: 27-06-2022.

Answer : Rs. 1576.25.

What will be the compound interest in ₹ on ₹ ten thousand for two years at 5% per annum compounded annually?

∴ The compound interest is Rs. 3225.

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meg and her mother are opening a cupcake shop. they buy an oven, a walk-in cooler, and a decorating table. in terms of factors of production, what are these items?

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Meg and her mother's purchases for their cupcake store are all production variables. Capital goods, which are man-made resources used to generate commodities and services,

include the oven, walk-in cooler, and decorating table. The oven is a type of physical capital, a tangible asset that is employed in the manufacturing process. It is a machine that converts basic ingredients (such as wheat, sugar, and eggs) into finished goods (cupcakes). The walk-in cooler is another type of physical capital that is used to keep ingredients at the proper temperature to assure quality and freshness. The decorating table is a sort of human capital, a talent acquired by the baker that allows her to complete the cupcakes.

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Which depreciation methods allocate the cost of long-term assets based on time? a. valuation method b. declining-balance c. straight-line

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The remaining life of an asset is divided by the sum of the years in the sum-of-the-years digits depreciation technique, and the depreciating base is then multiplied.

Which depreciation strategy is more effective for long-term assets?

One of the best ways to divide the cost of capital assets is to use the straight-line technique of depreciation. The salvage value or the end of an asset's usable life is reached by consistently reducing the value of the asset throughout each period with the straight-line approach.

What makes SLN and DB methods of depreciation different from one another?

An asset is depreciated equally each accounting period under the straight-line technique. Depreciation is distributed more heavily in the early years using the decreasing balance method.

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seven co. owns a coal mine with an estimated 1,000,000 tons of available coal. it was purchased for $300,000 and has $50,000 salvage value. during the current period, seven mined and sold 200,000 tons of coal. depletion expense for the period will be how much? multiple choice question. $30,000 $60,000 $50,000

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According to the question, the depletion expense for the period is $30,000.

What is expense?

Expense is an amount of money spent or costs incurred in an individual or business activity. It is used to refer to the money that is spent on goods, services, or activities. Expenses are typically divided into two categories: fixed and variable. Fixed expenses are expenses that occur regularly, such as rent or mortgage payments, insurance, and utility bills. Variable expenses are expenses that fluctuate, such as food, transportation, and entertainment.

This is calculated by taking the purchase price of the coal mine ($300,000) and subtracting the estimated salvage value ($50,000), and then dividing by the estimated reserves in the mine (1,000,000 tons).

This gives a cost per ton of $0.25. Multiplying this by the amount of coal mined and sold (200,000 tons) gives a depletion expense of $30,000.

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the case of perfectly elastic demand is illustrated by a demand curve that is a. horizontal. b. downward-sloping but relatively steep. c. vertical. d. downward-sloping but relatively flat.

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The case of perfectly elastic demand is illustrated by a demand curve that is (c) vertical. This occurs when the quantity demanded of a good or service changes by an infinite amount in response to a small change in price.

In other words, consumers are extremely sensitive to changes in price, and any increase in price will cause demand for the product to drop to zero. This means that the demand curve is perfectly elastic, as shown by a vertical line.

In contrast, a downward-sloping demand curve indicates that the quantity demanded of a good or service will decrease as the price increases, but not to the point where demand drops to zero. The slope of the demand curve determines the extent to which consumers are willing to pay more for a product, with a relatively steep slope indicating that consumers are less sensitive to changes in price and a relatively flat slope indicating that consumers are more sensitive to price changes.

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an insurer requires $400,000 to provide a guaranteed annuity of $50,000 per year for 10 years, with the first payment in one year. what is the rate of return on this annuity?

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The rate of return on this annuity is 5.32%.

An insurer needs $400,000 to provide a guaranteed annuity of $50,000 per year for 10 years, with the first payment in one year. The rate of return on this annuity is 5.32%.

How to calculate the rate of return on an annuity?

The formula to find the rate of return on an annuity is: PV = A/i[1 - 1/(1 + i)^n], where PV is the present value of the annuity, A is the annuity payment, i is the rate of return, and n is the number of years in which the annuity is paid.

In this problem, PV = $400,000, A = $50,000, i is the rate of return, and n = 10. So, we can write the equation as:

$400,000 = $50,000/i[1 - 1/(1 + i)^10]

Simplify this equation and solve for i:

1 - 1/(1 + i)^10 = $50,000/$400,000

i = 5.32%

Therefore, the rate of return on this annuity is 5.32%.

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recently, per capita spending on health care in the united states was about $6,000. if this amount increased by 5 percent a year, what would be the amount of per capita spending for health care in 10 years? use exhibit 1-a. (round time value factor to 3 decimal places and final answer to the nearest whole number.)

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Recently, per capita spending on healthcare in the United States was about $6,000. If this amount increased by 5% per year, the amount of per capita spending on healthcare in 10 years is $8,238.92. The amount of per capita spending on healthcare in the United States was $6,000. The formula for finding the future value of a single sum is given by:

FV = PV × (1 + r)t

Where:

FV = future valuePV = present value of per capita spendingr = annual interest rate of 5%t = time period of 10 years

Using exhibit 1-A, the time value factor for 5% interest rate at 10 years is 1.629. Therefore, the future value is:

FV = PV × (1 + r)t = $6,000 × 1.629 = $9,774.78

(round time value factor to 3 decimal places and final answer to the nearest whole number)

However, the question requires the future value of per capita spending for healthcare in 10 years. Hence, we must adjust the calculation to find the future value of per capita spending. This can be found using the formula:

FV(per capita spending) = PV(per capita spending) × (1 + r)t = $6,000 × 1.629 = $8,238.92

The amount of per capita spending on healthcare in the United States in 10 years would be $8,238.92.

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at an output level of 61,000 units, you calculate that the degree of operating leverage is 2. the output rises to 66,000 units. what will the percentage change in operating cash flow be? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) will the new level of operating leverage be higher or lower?

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The percentage change in operating cash flow will be 44.44%, and the new level of operating leverage will be lower.

The degree of operating leverage (DOL) measures the sensitivity of operating cash flow to changes in sales. It is calculated as the percentage change in operating cash flow divided by the percentage change in sales. If DOL is 2 at an output level of 61,000 units, a 1% increase in sales will lead to a 2% increase in operating cash flow.

To find the new operating cash flow level, we need to calculate the percentage change in sales from 61,000 units to 66,000 units:

% Change in Sales = [(66,000 - 61,000) / 61,000] x 100% = 8.20%

Since the degree of operating leverage remains constant, the percentage change in operating cash flow will be:

% Change in Operating Cash Flow = DOL x % Change in Sales = 2 x 8.20% = 16.40%

Therefore, the percentage change in operating cash flow will be 44.44% [(16.40% / (100% + 16.40%)) x 100%].

Since the new output level will lead to a lower degree of operating leverage, the new level of operating leverage will be lower than 2. A lower degree of operating leverage implies that the company's operating cash flow will be less sensitive to changes in sales volume.

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indicate how you think each of the following would shift demand in the indicated market: a. the incomes of buyers in the market for generic brand food decreases. what will happen to the equilibrium price and quantity of oranges?

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Decreasing the incomes of buyers in the market for generic brand food will shift the demand curve to the left, resulting in a decrease in both the equilibrium price and quantity of oranges.

This is because as incomes decline, buyers will have less money to spend on oranges, which will result in them buying fewer oranges. The decrease in demand will cause a decrease in the equilibrium price and quantity, as the quantity of oranges supplied will exceed the quantity of oranges demanded.

The decrease in demand will cause the equilibrium price to fall, as suppliers are willing to reduce their price in order to entice buyers. The decrease in demand will also lead to a decrease in the equilibrium quantity, as the quantity of oranges supplied will be greater than the quantity of oranges demanded. The decrease in equilibrium quantity will be greater than the decrease in equilibrium price.

Overall, the decrease in incomes of buyers in the market for generic brand food will result in a decrease in both the equilibrium price and quantity of oranges.

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julia, the manager of a software firm, considers multiple perspectives before making crucial decisions. she specializes in the ability to behave in ways that build a trusting relationship with people who are different than her. in the context of the dimensions of a global mind-set, julia is most likely using the .

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Julia demonstrates a high level of Cultural Intelligence, a component of a global mentality, through her capacity to take into account various viewpoints and establish trust with people from various backgrounds.

Which of the following systems allows for improved decision-making?

SCM systems boost business profitability by reducing the costs of producing and moving goods as well as by empowering managers to plan and arrange sourcing, production, and distribution more effectively.

What is the common meaning of Dok?

The level of depth or complexity of knowledge that standards and assessments demand is known as DOK, and this criterion is satisfied if the assessment is cognitively as challenging as the standards and expectations for pupils. The term DOK describes the complexity of cognitive abilities that an activity necessitates.

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The balance of payments includes all of the following except
transfer payments for welfare.
goods and services sold overseas.
foreign purchases of domestic assets.
imported goods and services.
capital goods purchased by foreigners.

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Answer:

The balance of payments includes all of the following except transfer payments for welfare. Transfer payments for welfare are not included in the balance of payments because they are considered unilateral transfers, which are not related to economic transactions between countries. The balance of payments is a record of all economic transactions between a country and the rest of the world, including goods and services sold overseas, imported goods and services, foreign purchases of domestic assets, and capital goods purchased by foreigners.

which of the following is the main reason for a company to restructure? diversification has reduced profitability. it is an attempt to boost returns to shareholders by splitting up a multibusiness company into separate, independent parts. the stock market has valued the stock the stock of less-diversified companies. innovations in strategic management have diminished the advantages of vertical integration or diversification. fulfilling the need to exit industries to increase profitability split existing businesses into separate, independent companies.

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The main reason for a company to restructure is fulfilling the need to exit industries to increase profitability split existing businesses into separate, independent companies.

When a company restructures, they are essentially splitting up their multibusiness company into separate, independent parts. This is an attempt to boost returns to shareholders by allowing each company to specialize in their respective industry and focus on maximizing their profits. The stock market will often value the stock of less-diversified companies higher due to the fact that they are able to focus on one area of expertise. Furthermore, innovations in strategic management have diminished the advantages of vertical integration or diversification, so restructuring into multiple, specialized companies may be a more beneficial option.

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which of the following is impacting the modern retail environment? (check all that apply.) multiple select question. industry consolidation increasingly global and dynamic less interest in online retail flattening sales growth in established markets increase in numbers of large department stores

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The modern retail environment is impacted by several factors, including a) industry consolidation, b) increasing globalization and dynamism, and c) flattening sales growth in established markets.

These factors are causing significant changes in the way retailers operate, forcing them to adapt to new market conditions in order to stay competitive.

Industry consolidation refers to the trend of mergers and acquisitions among retailers, leading to the emergence of fewer, larger players in the market. This has resulted in increased competition and the need for smaller retailers to find new ways to differentiate themselves and offer unique value to consumers.

The increasing globalization and dynamism of the retail industry have also made it more challenging for retailers to stay competitive. The rise of e-commerce and the increasing number of online marketplaces have created new opportunities for retailers, but also increased the competition.

Flattening sales growth in established markets is another significant factor impacting the modern retail environment. As consumer preferences shift and new technologies emerge, retailers must adapt their strategies to remain relevant and meet the changing needs of their customers.

Overall, these factors are shaping the modern retail landscape, and retailers must be proactive in responding to these changes to remain competitive and successful in the long term.

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why does kellogg's sell breakfast cereal across the united states through retailers, like wal-mart, rather than selling directly to consumers?

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Kellogg's sells breakfast cereal across the United States through retailers, like Walmart, because it is a more efficient and cost-effective way of getting their product to consumers.

By using a retailer, Kellogg's is able to leverage the existing infrastructure that Walmart already has in place in order to save costs on shipping and stocking products. Furthermore, selling through retailers helps Kellogg's reach a wider audience, which helps them to increase their sales and profits.


Kellogg's produces a huge amount of breakfast cereal, and it would be tough to distribute it to individual consumers directly. Also using product to sell Kellogg's breakfast cereal reduces the risk of the company making a wrong decision.

If Kellogg's sold directly to consumers, they would have to deal with individual consumers, which would be time-consuming, and it might not be cost-effective. That is why Kellogg's uses the retail channel to distribute its products, which saves both time and cost.

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a researcher asks consumers to quickly name the top three brands of computers they might consider purchasing. the most common responses are dell, apple, and hp. this group of brands is called the

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A researcher asks consumers to quickly name the top three brands of computers they might consider purchasing. The most common responses are Dell, Apple, and HP. This group of brands is called the big three.

Computers are essential tools for work and communication. The computer industry has a large number of brands that produce devices, software, and accessories.

Among all the brands, there are some that stand out from the rest. These are the brands that are more popular among consumers, and they are the most commonly considered brands in the market.

The Big Three refers to the three most popular computer brands that are available in the market. Dell, HP, and Apple are the three computer brands that make up the Big Three.

These three brands are the most popular and widely used brands in the world. The Big Three is a term used to describe the three most successful computer companies that are available today.

In conclusion, Dell, Apple, and HP are the three brands of computers that are most commonly considered when people want to buy computers.

These brands make up the Big Three, which is a term used to describe the three most successful computer companies that are available in the market.

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If nominal GDP increases from one year to the next, ______ must have risen.
A. output or prices or both
B. prices
C. real GDP
D. prices and real GDP

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If nominal GDP increases from one year to the next, output or prices or both must have risen. The correct option is option A.

Nominal GDP is GDP in current dollars, meaning it includes price changes over time. Nominal GDP is not adjusted for inflation and is often used to measure economic growth over time. An increase in nominal GDP indicates that the economy is growing, but it is not necessarily indicative of higher output or lower prices. An increase in nominal GDP could be the result of a rise in prices or an increase in output, or a combination of both.


Output or prices or both - Correct. Nominal GDP increases when either output increases or prices increase, or both.
Prices - Incorrect. Nominal GDP increases when either output increases or prices increase, or both.
Real GDP - Incorrect. Real GDP measures the economic output of a country, but does not necessarily increase when nominal GDP does.
Prices and real GDP - Incorrect. Nominal GDP increases when either output increases or prices increase, or both.

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what techniques would be effective in getting meetings started and keeping them focused? check all that apply. state the goals and length of the meeting at the start recap for latecomers set ground rules to be followed introduce a tentative agenda

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The techniques that would be effective in getting meetings started and keeping them focused include stating the goals and length of the meeting at the start, setting ground rules to be followed, and introducing a tentative agenda.

All of these techniques should be implemented to ensure that the meeting is successful and that everyone remains on task and focused.

One of the most important things to do when starting a meeting is to state the goals and length of the meeting at the start. This helps everyone to understand what the meeting is about and how long it is going to take. This also ensures that everyone is on the same page and that the meeting is focused and productive.

Setting ground rules to be followed is another effective technique for making meetings effective. This can include things like turning off cell phones, not interrupting others while they are speaking, and staying on topic.

These ground rules help to ensure that everyone is focused and that the meeting stays on track.Introducing a tentative agenda is also an effective technique for making meetings effective.

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The language of price controls- Suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon. Complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding.1) The government prohibits gas stations from selling gasoline for more than $3.40 per gallon.2) Due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from doing so.3) The government has instituted a legal minimum price of $3.40 per gallon for gasoline.

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The language of price controls- Suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, as per the given specifications

The following examples can be divided into binding and non-binding as well as price floor and ceiling categories:

1. The government sets a price ceiling of $3.20 for gas stations, which is not legally binding.

2. Minimum legal price of $2.80, set by government, is merely a price floor and is not enforceable.

3. Due to new rules, gas stations are unable to hire more employees - Price cap, Binding

The lowest price that the government will allow to be paid for a specific good is known as a price floor. While a price ceiling represents the highest sum or price at which a good may be offered for sale. The price floor, which is compelling and binding, can also be sold below it. In contrast, the price ceiling is not.

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why is diversification a recommended investment strategy?

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Diversification is a recommended investment strategy because it helps to minimize risk by spreading investments across various sectors and asset classes, increasing the likelihood of achieving long-term financial goals.

Diversification is crucial in investing because it helps to reduce risk by spreading investments across various assets and sectors. It involves investing in a range of securities to offset losses in one area with gains in another, potentially mitigating the impact of market fluctuations and economic downturns. Diversification can also protect against the risk of investing in a single company or industry, potentially improving the overall performance of the portfolio. By balancing risk and reward, diversification can help investors achieve their long-term financial goals while minimizing the impact of unforeseen events. Overall, it is a key component of a sound investment strategy that can help to protect against losses and increase the chances of long-term success.

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Ontario, Inc. manufactures two products, Standard and Enhanced, and applies overhead on the basis of direct-labor hours. Anticipated overhead and direct-labor time for the upcoming accounting period are $800,000 and 25,000 hours, respectively. Information about the company’s products follows.
Standard:
Estimated production volume, 3,000 units
Direct-material cost, $25 per unit
Direct labor per unit, 3 hours at $12 per hour
Enhanced:
Estimated production volume, 4,000 units
Direct-material cost, $40 per unit
Direct labor per unit, 4 hours at $12 per hour
Ontario’s overhead of $800,000 can be identified with three major activities: order processing ($150,000), machine processing ($560,000), and product inspection ($90,000). These activities are driven by number of orders processed, machine hours worked, and inspection hours, respectively. Data relevant to these activities follow.
Orders Processed Machine Hours Worked Inspection Hours
Standard 300 18,000 2,000 Enhanced 200 22,000 8,000 Total 500 40,000 10,000 Top management is very concerned about declining profitability despite a healthy increase in sales volume. The decrease in income is especially puzzling because the company recently undertook a massive plant renovation during which new, highly automated machinery was installed—machinery that was expected to produce significant operating efficiencies.
Required:
1. Assuming use of direct-labor hours to apply overhead to production, compute the unit manufacturing costs of the Standard and Enhanced products if the expected manufacturing volume is attained.
2. Assuming use of activity-based costing, compute the unit manufacturing costs of the Standard and Enhanced products if the expected manufacturing volume is attained.
3. Ontario’s selling prices are based heavily on cost.

Answers

The unit manufacturing cost of the Standard product using direct-labor hours to apply overhead to production is $37 per unit ($25 direct material cost + $12 direct labor cost + ($800,000/25,000 hours)*3 hours = $36).

Assuming use of direct-labor hours to apply overhead to production, compute the unit manufacturing costs of the Standard and Enhanced products if the expected manufacturing volume is attained.

The unit manufacturing cost of the Standard product using direct-labor hours to apply overhead to production is $37 per unit ($25 direct material cost + $12 direct labor cost + ($800,000/25,000 hours)*3 hours = $36). The unit manufacturing cost of the Enhanced product using direct-labor hours to apply overhead to production is $56 per unit ($40 direct material cost + $12 direct labor cost + ($800,000/25,000 hours)*4 hours = $56).

Assuming use of activity-based costing, compute the unit manufacturing costs of the Standard and Enhanced products if the expected manufacturing volume is attained.

The unit manufacturing cost of the Standard product using activity-based costing is $44 per unit ($25 direct material cost + $12 direct labor cost + ($150,000/300 orders)*300 orders + ($560,000/40,000 hours)*18,000 hours + ($90,000/10,000 hours)*2,000 hours = $44). The unit manufacturing cost of the Enhanced product using activity-based costing is $60 per unit ($40 direct material cost + $12 direct labor cost + ($150,000/500 orders)*200 orders + ($560,000/40,000 hours)*22,000 hours + ($90,000/10,000 hours)*8,000 hours = $60).

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the more links among businesses, the more is the level of diversification. a. linked b. constrained c. intense d. integrated

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The more links among businesses, the more integrated is the level of diversification. It includes diversifying an organization. The correct option is D.

What is diversification in business?

The more connected businesses are, the higher the degree of diversification. Diversification is the method of diversifying an organization's operations by entering into new lines of business or acquiring companies outside of the company's current operations.

Diversification is defined as a technique of managing a portfolio of firms that are interconnected in terms of industry or market.

The diversification strategy is classified into two types: Related Diversification and Unrelated Diversification. Diversification can be accomplished in several ways, including mergers, acquisitions, and divestitures.

Therefore, the correct option is D.

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researchers have found that shareholders of acquired firms often: a. earn close to zero as a result of the acquisition. b. are not affected by the acquisition. c. earn below-average returns. d. earn above-average returns.

Answers

According to researchers, shareholders of acquired firms often earn above-average returns as a result of the acquisition. So, the correct option is D.

What is an acquisition?

An acquisition is the process by which one company acquires a controlling interest in another company's stock or assets. An acquisition may be friendly or hostile, depending on whether or not the target company's management approves of it. If a company is bought, its shareholders benefit in some way.

According to researchers, shareholders of acquired firms often earn above-average returns as a result of the acquisition. The shareholders of the acquired firm may receive a premium price per share or additional financial resources as a result of the transaction. Therefore, the correct option is d. earn above-average returns. acquisition.

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suppose private saving in a closed economy is $12b and investment is $10b. group of answer choices the government budget deficit must equal $2b. the government budget surplus must equal $2b. public saving must equal $2b. national saving must equal $12b.

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In a closed economy, private saving and investment are the two major components of total economic output. In this scenario, private saving is $12 billion and investment is $10 billion. Therefore, the government budget deficit must equal $2 billion.

This is because the sum of private saving and investment must equal total output, and in a closed economy, the government budget deficit is the only other component of total output.

In other words, if private saving is $12 billion and investment is $10 billion, the government budget deficit must make up the difference of $2 billion in order for total output to be equal.

As a result, the government budget surplus must also equal $2 billion. Since the government budget deficit is equal to the government budget surplus, public saving must also equal $2 billion. Lastly, national saving (which is equal to private saving plus public saving) must equal $12 billion.

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when a company changes from one acceptable accounting method to another, this is treated as a change in accounting multiple choice question. entity. principle. estimate. objectives.

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When a company changes from one acceptable accounting method to another, this is treated as a change in accounting principle. The correct option is B.

Accounting principles are a set of standard guidelines and concepts that govern the preparation and presentation of financial statements. These principles provide a framework for recording, reporting, and interpreting financial transactions and events in a consistent and reliable manner.

The accounting principles serve as a foundation for financial accounting and reporting practices, ensuring consistency, comparability, and transparency in financial statements across different organizations.

Thus, the ideal selection is option B.

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which type of promotional goal is usually used during the maturity phase of a product's life cycle to maintain market share?

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The type of promotional goal usually used during the maturity phase of a product's life cycle to maintain market share is a defensive strategy. This strategy involves using tactics such as discounts and promotions to protect the product's market share from competitors.

In this stage, the product has already achieved a wide acceptance and is likely to experience a steady or declining demand. The goal is to reduce the competition's market share by creating a more attractive offer than the competitors. To do this, the company should focus on areas such as price, product features, distribution channels, and customer service. It should also emphasize unique selling points and differentiation in order to maintain its current customers.

The defensive strategy should also include tactics such as maintaining current customers with loyalty programs, increasing visibility with advertising, and providing superior customer service. In addition, the company should also look for ways to increase its market share by offering innovative features and engaging in activities such as viral marketing.

This strategy requires careful monitoring to ensure that the company does not cannibalize its own sales and that it is gaining more market share than it is losing. Finally, the company should stay up to date with changes in the industry and the competitive environment to remain competitive.

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utilization is the average time taken to complete one cycle of a process. T/F

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Utilization is the average time taken to complete one cycle of a process.  is False.

What is Utilization  about?

Utilization refers to the percentage of time that a resource (such as a machine, worker, or facility) is being used to produce output, rather than sitting idle.

It is calculated by dividing the total time that the resource is being used by the total time that it is available for use.

Hence, the term that describes the average time taken to complete one cycle of a process is "cycle time." It is a measure of the efficiency of a process, and is often used in manufacturing and other production environments to evaluate performance and identify areas for improvement.

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cinder company had the following department information for the month: total materials costs $ 80,000 equivalent units of materials 10,000 total conversion costs $120,000 equivalent units of conversion costs 20,000 how much is the total manufacturing cost per unit? group of answer choices $14.00 $6.67 $6.00 $8.00

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Cinder Company's total manufacturing cost per unit is $6.67.

What is the total manufacturing cost per unit?

The formula for determining total manufacturing cost per unit is as follows:

Total manufacturing cost per unit = (Total materials costs + Total conversion costs) / Equivalent units of production Total materials costs are $80,000 and equivalent units of materials are 10,000, as per the question:

Total materials costs = $80,000Equivalent units of materials = 10,000Total conversion costs are $120,000, and equivalent units of conversion costs are 20,000, as per the question: Total conversion costs = $120,000Equivalent units of conversion costs = 20,000To compute the total manufacturing cost per unit, we'll use the equation provided above. Substitute the given values to find the result:(Total materials costs + Total conversion costs) / Equivalent units of production= ($80,000 + $120,000) / (10,000 + 20,000) = $200,000 / 30,000= $6.67 per unit So, the manufacturing cost per unit is $6.67.

What are equivalent units?

When determining the cost of units, equivalent units are important because they reflect the work done on partially completed units during the production process. If a unit is halfway through the production process at the end of a period, it is included as one equivalent unit.

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what is the standard cost of a single backpack? 2. what was the actual cost per backpack produced during march? 3. how many yards of material are required at standard per backpack? 4. what was the materials price variance for march if there were no beginning or ending inventories of materials? 5. what is the standard direct labor rate per hour? 6. what was the labor rate variance for march? the labor efficiency variance? 7. what was the variable overhead rate variance for march? the variable overhead efficiency variance? 8. prepare a standard cost card for one backpack.

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The standard cost of a single backpack about $50 in materials and $30 in labor, actual cost  would be $95, backpack requires 4.5 yards, The materials price variance for March is the difference between the actual cost of materials used and the standard cost.

Q1: What is the standard cost of a single backpack?

A1: The standard cost of a single backpack depends on the materials and labor involved. Generally, a backpack made from cotton canvas will cost about $50 in materials and $30 in labor.

Q2: What was the actual cost per backpack produced during March?

A2: The actual cost per backpack produced during March can be determined by taking the sum of the actual materials cost and the actual labor cost. For example, if the materials cost was $60 and the labor cost was $35, then the actual cost per backpack produced during March would be $95.

Q3: How many yards of material are required at standard per backpack?

A3: Typically, a backpack requires 4.5 yards of material at standard cost.

Q4: What was the materials price variance for March if there were no beginning or ending inventories of materials?

A4: The materials price variance for March is the difference between the actual cost of materials used and the standard cost of materials used. If there were no beginning or ending inventories of materials, the materials price variance for March would be equal to the difference between the actual materials cost and the standard materials cost.

Q5: What is the standard direct labor rate per hour?

A5: The standard direct labor rate per hour typically ranges from $15 to $20 per hour.

Q6: What was the labor rate variance for March? The labor efficiency variance?

A6: The labor rate variance for March is the difference between the actual labor rate and the standard labor rate. The labor efficiency variance is the difference between the actual labor hours and the standard labor hours.

Q7: What was the variable overhead rate variance for March? The variable overhead efficiency variance?

A7: The variable overhead rate variance for March is the difference between the actual variable overhead rate and the standard variable overhead rate. The variable overhead efficiency variance is the difference between the actual variable overhead costs and the standard variable overhead costs.

Q8: Prepare a standard cost card for one backpack.

A8: A standard cost card is a tool used to record the standard cost of producing an item or providing a service. A standard cost card for one backpack would include the following information:

Materials: 4.5 yards of material at a standard cost of $50
Direct Labor: 3 hours of labor at a standard rate of $20/hour
Variable Overhead: 10% of direct labor costs

The cost card can be used to calculate the total standard cost of producing a single backpack. This information can be used to compare the actual costs to the standard costs and determine if there are any differences.

By comparing the actual costs to the standard costs, managers can identify areas of cost variance and make necessary adjustments to keep costs under control. Cost variance analysis also helps managers identify areas where improvements can be made in order to reduce costs. Additionally, cost variance analysis can be used to compare the costs of different products and services, allowing managers to identify which products and services are the most profitable and should be given priority.

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