On 31 January 2017, you bought 200 shares of a company for $174.63 a share and on 31 January 2021 you sold them for $1,431.06 a share. In January 2021, you also received a cash dividend of $30.73 per share. Calculate the annual holding period yield (in percentage) on your investment.

B. AMCO marketing director rewards sales staff for meeting monthly targets on sales to fake-widget manufacturers is NOT a cause for the bullwhip in orders received.

The Bullwhip effect is an occurrence due to an overreaction to demand changes that can cause production to fluctuate, often with inefficient exaggeration in either excess or deficiency. This type of effect is not uncommon in different industries such as retail, distribution, and manufacturing. It is named bullwhip effect because the magnitude of demand amplification in the supply chain looks like the waving of a bullwhip.

Bullwhip Effect Causes:The causes of the Bullwhip effect are:Large lots sizes, which result in batch orderingInaccurate or untimely demand forecasts. Rationing and gaming in times of shortagePromotion and sales strategies that introduce uncertainty and create demand spikesSo, out of all the given options A, C, and D are the causes of the Bullwhip effect in orders received. Hence, option B is not a cause for the bullwhip in orders received.

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In the year 1912, America and England still used the gold standard and the exchange rate was constant at 4.87 dollars per pound. The Titanic Fare dollar variables histograms are to be compared.

Titanic Fare in dollars
The Titanic.Fare.dollar dataset is to be created using vector calculations. To convert Titanic Fare into dollars, the exchange rate is multiplied by the Fare in British Pounds. Hence, a new variable is generated called Titanic.Fare.dollar. Titanic.Fare.dollar contains the same information as Titanic.Fare, but in US dollars
Titanic.Fare.dollar = Titanic$Fare * 4.87
The histogram of Titanic.Fare.dollar is similar to the Titanic.Fare histogram, with most fares being between 0 and 500 dollars.
However, the Titanic.Fare.dollar histogram's x-axis values range from 0 to 2500, indicating that the majority of fares paid were under $500. Both the histograms appear to be right-skewed. The maximum fare paid in dollars is around $2500, which is five times the maximum fare paid in British pounds. These histograms of the two datasets are very close, with only a shift in the x-axis values.

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The DVL inventory on December 31, 2021, was $820,200. This is calculated by dividing the ending inventory at year-end costs by the cost index to obtain the DVL value and then adding the increase in inventory value during the year.

Dollar-value LIFO (DVL) is a method of inventory valuation that adjusts the inventory value based on changes in the cost level over time. To calculate the DVL inventory on December 31, 2021, we need to determine the ending inventory at year-end costs and then convert it to the DVL value.

Given information:

Inventory as of January 1, 2021: $843,000

Inventory as of December 31, 2021, at year-end costs: $871,200

Cost index: 1.10

To convert the ending inventory at year-end costs to the DVL value, we divide it by the cost index:

DVL inventory = Ending inventory at year-end costs / Cost index

DVL inventory = $871,200 / 1.10 = $792,000

However, the question asks for the DVL inventory on December 31, 2021, not the ending inventory at year-end costs. Therefore, we need to add the increase in the inventory value during the year to the DVL value calculated above.

Increase in inventory value = Ending inventory at year-end costs - Inventory as of January 1, 2021

Increase in inventory value = $871,200 - $843,000 = $28,200

DVL inventory on December 31, 2021 = DVL inventory + Increase in inventory value

DVL inventory on December 31, 2021 = $792,000 + $28,200 = $820,200

Therefore, the DVL inventory on December 31, 2021, is $820,200.

The DVL inventory on December 31, 2021, is $820,200. This is calculated by dividing the ending inventory at year-end costs by the cost index to obtain the DVL value and then adding the increase in inventory value during the year. The cost index is used to adjust the inventory value based on changes in the cost level over time.

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At the point of intersection, the amount of pizza produced is approximately 3432.56 units

To determine the amount of pizza at the point of intersection between the land and labor constraints, we need to analyze the production possibilities frontier (PPF) for the two goods.

The production function for beverages (B) and pizza (P) can be represented as:

B = a_tb * L_b + a_lb * T

P = a_tp * L_p + a_lp * T

Given the following values:

a_tb = 4981 (units of beverages per unit of land)

a_tp = 997 (units of pizza per unit of land)

a_lb = 2505 (units of beverages per unit of labor)

a_lp = 1976 (units of pizza per unit of labor)

T = 5377 (total units of land)

L = 5031 (total units of labor)

We can calculate the maximum amount of beverages and pizza produced by substituting the given values into the production functions:

B = 4981 * L_b + 2505 * T

P = 997 * L_p + 1976 * T

Now, to find the point of intersection, we need to equate the production functions and solve for L_p (the amount of labor allocated to pizza production):

4981 * L_b + 2505 * T = 997 * L_p + 1976 * T

Rearranging the equation:

L_p = (4981 * L_b + 2505 * T - 1976 * T) / 997

Substituting the given values:

L_p = (4981 * 2505 + 2505 * 5377 - 1976 * 5377) / 997

Calculating the above expression, we find that L_p ≈ 3432.56 (rounded to two decimal places).

Therefore, at the point of intersection between the land and labor constraints, the amount of pizza produced is approximately 3432.56 units.

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The increase in the domestic willingness to save, which raises the desired national saving at any given real interest rate, would affect the following in a large open economy: The increase in national savings would also mean a decrease in imports, which would positively affect the current account balance.

National saving: The term national savings refers to the sum of private and public savings, and this will help the country to invest in various profitable ventures.

Investment: Since national savings increase due to the increase in domestic willingness to save, it will lead to more investment in the economy.

Current account balance: The current account balance, which is the difference between the country's savings and investment, would improve as a result of the increase in national savings.

Real interest rate: When national savings increase due to an increase in domestic willingness to save, the real interest rate will decrease.

This is due to the inverse relationship between savings and real interest rates, as national savings increase, the interest rates reduce. Therefore, the increase in national savings will result in lower real interest rates.

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Principle of Dominance in Game Theory:

The principle of dominance in game theory is a strategy that involves a decision-maker focusing on the most critical and influential choice in a decision matrix. It is the point at which a person or organization has the most substantial impact on the final outcome of their decision.

Game theory's principle of dominance states that if one of the two competing strategies is strictly superior to the other in all cases, the inferior strategy may be removed from consideration. This approach reduces the complexity of a game and makes it easier to analyze. The strategy that is removed from the game is said to be dominated by the other strategy.Now, let's solve this problem using the dominance property.A B C
D
E F
G H
I J
In this game, A is the strictly superior strategy since it is the highest value in its column. Therefore, we can remove the inferior strategy C and make a new game table:A B
D
E F
G H
I J
In the second row, G is the strictly superior strategy, which allows us to remove H, resulting in the following game table:A B
D
E F
G
I J
In the fifth column, J is the strictly superior strategy, allowing us to remove I from the game table, resulting in:A B
D
E F
G
JThe solution to the game is J since it is the highest value. Therefore, the dominant strategy is J.

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Net defined benefit obligation = $1 million. The firm has a net defined benefit obligation of $1 million, indicating that the pension plan's liabilities exceed its assets by $1 million. Here option C is the correct answer.

Based on the given information, the Defined Benefit Obligation (DBO) of the firm is $4 million, and the Pension Plan Assets are $3 million. The Net Defined Benefit Obligation (NDBO) is calculated as the difference between the DBO and the Pension Plan Assets.

In this case, the NDBO can be determined by subtracting the Pension Plan Assets ($3 million) from the Defined Benefit Obligation ($4 million):

NDBO = DBO - Pension Plan Assets

NDBO = $4 million - $3 million

NDBO = $1 million

Therefore, the correct statement is: Net defined benefit obligation = $1 million

This means that the firm has a net defined benefit obligation of $1 million, indicating that the pension plan's liabilities exceed its assets by $1 million. Therefore option C is the correct answer.

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In the market for hamburgers, we are given the number of sellers and the quantity of hamburgers each seller is willing to sell at different prices. We can use this information to determine the market demand and supply curves and find the equilibrium price and quantity.

a. The demand schedule for hamburgers is not given, so we cannot determine the market demand curve.

b. Each seller is willing to sell hamburgers at the following prices and quantities:

Price Quantity $0 0 $1 20 $2 40 $3 60 $4 80 $5 100 $6 120 $7 140 $8 160 $9 180 $10 200

These individual supply schedules can be used to construct a market supply curve. The market supply curve is the horizontal sum of individual supply curves. At a price of $0, the total quantity supplied is 0 (the sum of all individual quantities supplied at that price). At a price of $1, the total quantity supplied is 20 (the sum of all individual quantities supplied at that price).

We can repeat this process for all prices to obtain the following market supply curve:

Price Quantity $0 0 $1 20 $2 40 $3 60 $4 80 $5 100 $6 120 $7 140 $8 160 $9 180 $10 200

c. To find the equilibrium price and quantity,

we need to find the point where the market demand and supply curves intersect. Since we do not have the demand schedule, we cannot find the exact equilibrium point. However, we can make some general observations. If the demand for hamburgers is high, the equilibrium price and quantity will be higher. If the demand for hamburgers is low, the equilibrium price and quantity will be lower.

Again, this is just an estimate based on the limited information we have. The actual equilibrium price and quantity would depend on the market demand schedule. Therefore, the equilibrium price of hamburgers is estimated to be $5, and the equilibrium quantity is estimated to be 100.

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a. To calculate the cost of equity, we can use the dividend growth model. The formula is as follows:

Cost of Equity = Dividend / Current Stock Price + Dividend Growth Rate

Given that the dividend rate is expected to grow at a constant rate of 9% indefinitely and the recent dividend is $1.95, we can plug in the values into the formula:

Cost of Equity = $1.95 / Current Stock Price + 9%

b. To calculate the current value of DU's shares, we can use the constant growth dividend valuation model, also known as the Gordon Growth Model. The formula is as follows:

Current Stock Price = Dividend / (Cost of Equity - Dividend Growth Rate)

We already have the dividend value of $1.95 and the dividend growth rate of 9%. We can substitute these values into the formula, along with the cost of equity obtained in part a:

Current Stock Price = $1.95 / (Cost of Equity - 9%)

To get the cost of equity in percentage, we need to multiply it by 100 and round it to two decimal places. To get the current value of DU's shares in dollars, we need to round it to the nearest cent.

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Based on the question, the interest payable in this case is $119.00.

Firstly, calculate the interest for 1 year using the formula:

Interest = P × r

where P = Principal amount = $18,000

r = Annual interest rate = 9.5%.

Therefore, Interest for 1 year = $18,000 × 9.5/100

= $1,710.

Then, calculate the interest for 120 days using the following formula:

Interest = (P × r × t)/365

Where t = Time period

= 120 days

= 120/365 years.

Therefore, the interest payable on the maturity date = (18000 × 0.095 × 120)/(365)

= $567.12.

Hence, the interest payable on the maturity date is $567.12.

Interest for 1 year has already been calculated in problem 21. Interest for 72 days is calculated as follows:

Interest = (P × r × t)/365

where

t = Time period

= 72 days

= 72/365 years.

Therefore, the interest payable on early payment = (18000 × 0.095 × 72)/(365)

= $359.18.

Hence, the interest payable on early payment is $359.18.The interest when paying $12,000 on day 28, then the balance on day 72 is calculated as follows:

First, calculate the interest for 1 year and then calculate the interest for the period between the loan date and the date of payment.

Finally, calculate the interest for the remaining period using the balance on day 72.

Interest for 1 year has already been calculated in problem 21. Interest for the period between the loan date and the date of payment is calculated as follows:

Interest = (P × r × t)/365

Where t = Time period

= 28 days

= 28/365 years.

Therefore, interest payable for the period between the loan date and the date of payment = (18000 × 0.095 × 28)/(365) = $50.96. Next, the balance remaining after paying $12,000 on day 28 is:

B = 18000 - 12000

= $6,000.

The interest on $6,000 for the remaining period is:

Interest = (B × r × t)/365

where t = Time period

= (72 - 28) days

= 44/365 years.

Therefore, interest payable on the balance of $6,000 for the remaining period = (6000 × 0.095 × 44)/(365)

= $68.04.

Total interest payable = $50.96 + $68.04

= $119.00.

Hence, the interest payable in this case is $119.00.

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Economies of scale refer to the phenomenon where as a company's output increases, its average cost of production decreases. This is due to the spreading of fixed costs across a greater number of units, leading to lower per-unit costs.

Economies of scope, on the other hand, refer to the benefits a company can reap by diversifying its product range. This could include sharing resources such as marketing, distribution, and research and development across multiple products, leading to greater efficiencies and cost savings.

There is no clear-cut answer to whether big companies should focus on economies of scope or economies of scale, as the choice will depend on a variety of factors such as industry dynamics, competitive pressures, and the specific goals of the company.

However, it is worth noting that relying solely on economies of scale can lead to a loss of control, as the company becomes too focused on production efficiency at the expense of other factors such as product innovation and customer service. This can ultimately harm the company's long-term prospects.

On the other hand, pursuing economies of scope can lead to greater flexibility and resilience, as the company is less reliant on a single product or market. This can also create opportunities for revenue growth and expansion into new markets, which can be particularly valuable in rapidly changing industries.

Overall, while economies of scale can be an important consideration for large companies looking to reduce costs, it is also important to balance this with a focus on economies of scope and other factors that contribute to long-term success. The specific strategy adopted will depend on a range of factors, and may evolve over time as the company's needs and circumstances change.

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A. To draw a fully labeled Production Possibility Curve graph for Boulderstan's possible production, you would need to use the two goods, granola, and tofu, as the graph's axes. The x-axis represents the quantity of granola produced, and the y-axis represents the quantity of tofu produced. Start by plotting points on the chart corresponding to different combinations of granola and tofu that Boulderstan can pay. Connect these points to form a curve representing the production possibilities for Boulderstan. Label the curve as the Production Possibility Curve.

B. To show how Boulderstan could move from producing an equal amount of granola and tofu to producing more granola, you would need to shift the production point along the Production Possibility Curve toward granola. This can happen if Boulderstan reallocates some of its resources from producing tofu to producing granola while maintaining peak efficiency. Plot the new production point on the graph, reflecting the increase in granola production. C. To show how increased education would affect Boulderstan's production in the long run, you would need to shift the entire Production Possibility Curve outward. This is because increased education can improve technology, skills, and productivity, allowing Boulderstan to produce more granola and tofu with the same resources. Plot the new Production Possibility Curve on the graph, showing the increased production possibilities for Boulderstan. D. To determine which country should specialize in granola and which in tofu, compare the opportunity costs of producing these goods in Boulderstan and Denverstan. The country with a lower opportunity cost for a particular good should specialize in that good. The opportunity cost of producing one unit of granola is the amount of tofu that could have been produced instead, and vice versa. Compare the opportunity costs of granola and tofu production in both countries and identify the country with the lower opportunity cost for each good. That country should specialize in the good with the lower opportunity cost. E. The terms of trade for a unit of granola can be determined by comparing the opportunity costs of granola and tofu production in Boulderstan and Denverstan. The terms of trade represent the rate at which the two countries can exchange one good for another. In this case, the terms of trade for a unit of granola can be determined by comparing the opportunity cost of producing granola in Boulderstan to the opportunity cost of producing tofu in Denverstan. The exact terms of trade would depend on the specific opportunity costs in each country, which need to be provided in the question.

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The $15 minimum wage law in Seattle aimed to improve worker livelihood but faced concerns about job losses and business costs. Biden's proposal for a national $15 minimum wage addresses income inequality but encounters opposition due to potential job losses and regional variations.

The passage of the $15 minimum wage law in Seattle has been a subject of debate. Supporters argue that it helps to improve the standard of living for low-wage workers, reduces income inequality, and stimulates local economies through increased consumer spending. They believe that higher wages lead to happier and more productive employees. However, critics argue that such a significant increase in the minimum wage could lead to job losses, particularly in small businesses, as employers may struggle to afford higher labor costs. They also argue that it may result in higher prices for goods and services, potentially offsetting the benefits for workers.

President Biden's proposal for a national $15 minimum wage has also generated mixed opinions. Supporters believe that it could address income inequality on a broader scale, improve the lives of millions of low-wage workers, and reduce reliance on government assistance programs. They argue that it promotes fair wages and provides a safety net for workers. On the other hand, opponents argue that a national minimum wage may not account for the cost of living variations across different regions and industries. They argue that it could lead to job losses, especially in areas with a lower cost of living, as businesses may struggle to adjust to the increased labor costs.

Ultimately, opinions on the $15 minimum wage vary, and the impacts can depend on various factors such as the local economy, industry, and specific circumstances. It's important to consider both the potential benefits and drawbacks when evaluating the effectiveness of such policies.

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The equilibrium price and quantity in the wholesale butter market are P= $1 and Q= 66 million pounds.b. The monthly surplus created in the wholesale butter market due to the price support (price floor) program is 11 million pounds.

Suppose that a decrease in the cost of feeding cows shifts the supply schedule to the right by 40 million pounds at every price .c. The new supply schedule after the decrease in the cost of feeding cows is shown in the table below .Market for Wholesale ButterPrice (in $ per pound)Quantity Demanded (in million pounds)Quantity Supplied (in million pounds)1.251051801.00406452.751064223.50517397.251081622.5011913421.25121077d. Given the new supply of butter, the monthly surplus of butter created by the price support program is 22 million pounds.

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The issuance of the audit report is acceptable, as long as the situation is disclosed in the client representation letter. However, there is a conflict of interest and a lack of independence because the company is the CPA firm's largest client.

In order to exercise due care, an accountant must have adequate knowledge, skills, and experience. They must also be able to recognize when they need to seek additional information or advice from other professionals.

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Property, Plant, and Equipment (PP&E) refer to the long-term assets that companies utilize in their operations. PP&E assets are reported on the balance sheet.

PP&E  are recognized at their historical cost, which includes all the costs incurred in acquiring the asset and bringing it to its current condition and location.The age of plant assets and the types of plant assets are typically reported in a footnote accompanying the financial statements. The following are examples of plant assets:Production facilities Machinery and equipment Furniture and fixtures Vehicles, among others.

Most companies report changes in PP&E in the investing activities section of the statement of cash flows. The company must provide a comprehensive account of changes in plant assets in the statement of cash flows. If the proceeds of the sale of PP&E assets are included in investing activities, the gross proceeds and carrying value of the assets sold must be disclosed in the footnotes to the financial statements.In summary, Details about Property, Plant, and Equipment (PP&E) such as the age of plant assets and the types of plant assets are typically reported in a footnote on the income statement on the balance sheet.

They are recognized at their historical cost, which includes all the costs incurred in acquiring the asset and bringing it to its current condition and location.Most companies report changes in PP&E in the investing activities section of the statement of cash flows.

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After 30 years of contributing $12,000 annually towards retirement and earning a 5.5% return on investment, you would have approximately $851,983.33.

To calculate the future value of your retirement savings, we can use the formula for compound interest:

FV = P * (1 + r)^n

Where:

FV = Future Value

P = Annual contribution

r = Annual interest rate (as a decimal)

n = Number of years

In this case, your annual contribution (P) is $12,000, the annual interest rate (r) is 5.5% (or 0.055 as a decimal), and the number of years (n) is 30.

Plugging in these values into the formula, we get:

FV = $12,000 * (1 + 0.055)^30

= $12,000 * (1.055)^30

≈ $851,983.33

Therefore, after 30 years of contributing $12,000 annually and earning a 5.5% return, you would have approximately $851,983.33 in your retirement savings.

By consistently contributing $12,000 per year towards retirement for 30 years and earning a 5.5% return, you can accumulate a significant nest egg of approximately $851,983.33. This calculation assumes that you make annual contributions of $12,000 at the beginning of each year and that the interest compounds annually. It's important to note that this estimate does not account for inflation or any potential changes in the investment market. Consulting with a retirement planner or financial advisor can provide more tailored advice based on your specific financial situation and goals.

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Entrepreneurship is the process of establishing and managing a new business enterprise by identifying a gap in the market and creating a product or service to fill that gap. In contrast to traditional business practices, entrepreneurship emphasizes on creativity, innovation, and risk-taking.Entrepreneurship method is valuable because it is characterized by an experimental approach to business,

whereby the entrepreneur engages in research and development to identify new business opportunities and develop new products or services to fill those opportunities. This method emphasizes innovation and encourages individuals to take risks and pursue new ideas,

which is critical in today's fast-paced and dynamic business environment.Moreover, entrepreneurship involves developing a deep understanding of customer needs and preferences, which leads to the creation of unique and highly customized products and services that meet the needs of specific customer segments. This process results in high customer satisfaction, customer loyalty,

and increased profitability for the entrepreneur.Entrepreneurship also fosters a culture of creativity and innovation that leads to continuous improvement in products and services, as entrepreneurs seek to find new and better ways to meet customer needs. This culture of innovation helps to drive economic growth and creates new job opportunities for people.In conclusion, entrepreneurship method is valuable because it fosters innovation, risk-taking, and a customer-centric approach to business. It encourages individuals to pursue their ideas, take risks, and create new products and services that meet the needs of customers. By doing so, entrepreneurship contributes significantly to economic growth and development by creating new job opportunities, improving customer satisfaction, and driving innovation.

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Given that the consumer has a utility function given by `u = x1 * x2` and is facing a budget constraint `p1 * x1 + p2 * x2 ≤ I`.We are to derive the Marshallian demand functions for `x1` and `x2` and determine how much of each good will the consumer purchase if `I = 8`, `p1 = 1` and `p2 = 4`.Solution:The consumer’s problem is to maximize their utility function `u = x1 * x2` subject to the budget constraint `p1 * x1 + p2 * x2 ≤ I`.The Lagrangian function `L` is given by;`L = x1 * x2 + λ [I − p1 * x1 − p2 * x2]

`Differentiating the Lagrangian function with respect to `x1`, `x2` and `λ` we get;`∂L/∂x1 = x2 − λp1 = 0`    …..(1)`∂L/∂x2 = x1 − λp2 = 0`    …..(2)`∂L/∂λ = I − p1 * x1 − p2 * x2 = 0`   …..(3)Solving the above equations for `x1`, `x2` and `λ` gives the Marshallian demand functions.`x1 = I/(2 * p1)` and `x2 = I/(2 * p2)`Therefore, the demand functions for x1 and x2 are given by;x1 = I/(2 * p1)     …..(4)x2 = I/(2 * p2)     …..(5) Substituting the given values, `I = 8`, `p1 = 1` and `p2 = 4` into equations (4) and (5) above;x1 = 8/(2 * 1) = 4x2 = 8/(2 * 4) = 1 The consumer will purchase `4` units of `x1` and `1` unit of `x2` if `I = 8`, `p1 = 1` and `p2 = 4`.

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The total current liability is C. R331,000.

To determine the total current liability, we need to consider the liabilities that are due within the next year or operating cycle, whichever is longer.

From the given information:

- Bank overdraft: R55,000

- Creditors control: R230,000

- Portion of loan to be paid next month: R50,000

Adding these amounts together:

R55,000 + R230,000 + R50,000 = R335,000

Therefore, the total current liability is R331,000, which is the closest option provided.

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Job costing is a method of costing that is used by companies to allocate costs to specific jobs or orders. Job costing is a system of costing that is used to assign costs to specific jobs or orders. Job costing is used by companies to allocate costs to specific jobs or orders.

In this scenario, we have to calculate the manufacturing cost of job 309.

So,

To calculate the manufacturing cost of job 309, we will have to follow the given steps:

Identify the formula

Calculate the predetermined overhead rate Calculate the manufacturing cost of Job 309Formula for calculating manufacturing cost:

Direct materials + Direct Labor + Manufacturing Overhead = Total Manufacturing Cost

Predetermined Overhead Rate = Estimated Overhead Costs / Estimated Activity Level

Step 1:

Identify the Formula

The formula for calculating the manufacturing cost of job 309 is given below:

Direct materials + Direct Labor + Manufacturing Overhead = Total Manufacturing Cost

Step 2:

Calculate the Predetermined Overhead Rate The formula to calculate the predetermined overhead rate is given below:

Predetermined Overhead Rate = Estimated Overhead Costs / Estimated Activity Level

Given below is the information that is required to calculate the predetermined overhead rate:

Estimated Overhead Costs = $2,400,000Estimated Activity Level = 800,000 Machine Hours Predetermined Overhead Rate = Estimated Overhead Costs / Estimated Activity Level

Predetermined Overhead Rate = $2,400,000 / 800,000 Machine Hours

Predetermined Overhead Rate = $3 per Machine Hour

Step 3:

Calculate the Manufacturing Cost of Job 309Given below is the information that is required to calculate the manufacturing cost of job 309:

Direct Materials = $15,000Direct Labor = $10,000Machine Hours = 200 Manufacturing Overhead = Predetermined Overhead Rate * Machine Hours

Manufacturing Overhead = $3 per Machine Hour * 200 Machine Hours

Manufacturing Overhead = $600Manufacturing Cost of Job 309 = Direct Materials + Direct Labor + Manufacturing Overhead

Manufacturing Cost of Job 309 = $15,000 + $10,000 + $600Manufacturing Cost of Job 309 = $25,600Requirement

2. How much will the City of Jonestown pay for this playground equipment?

To calculate how much the City of Jonestown will pay for the playground equipment, we will have to add the profit margin to the manufacturing cost of job 309.

Let's assume that the profit margin is 20%.

Manufacturing Cost of Job 309 = $25,600

Profit Margin = 20% of Manufacturing Cost of Job 309

Profit Margin = 20/100 * $25,600

Profit Margin = $5,120

Total Cost of Playground Equipment = Manufacturing Cost of Job 309 + Profit Margin

Total Cost of Playground Equipment = $25,600 + $5,120

Total Cost of Playground Equipment = $30,720

Therefore, the City of Jonestown will pay $30,720 for this playground equipment.

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In this scenario, the company has become insolvent due to the actions of Ahmed Solomon's son, who, in collusion with Jensen Jibiti, diverted much of the company's business to print fake dollars as an advance against payments by Jibiti.

Now, the liquidator wants to know whether he should pay Ahmed first or the other creditors who had given advances on printing jobs. Advise him.The liquidator should prioritize the payment of creditors who had given advances on printing jobs over Ahmed Solomon as per the principles of priority in liquidation. In a winding-up, the liquidator must follow certain rules when distributing the assets of the insolvent company.

According to the rules of priority, certain claims have priority over others. Section 530(1) of the Companies and Allied Matters Act (CAMA) provides a list of preferred creditors whose claims are given priority over others. The priority order of distribution is as follows:

Costs and expenses of winding-up ;

Outstanding salaries, wages, and other benefits to employees;

Local government tax and dues;

Payments due to the Federal Inland Revenue Service (FIRS);

Payments due to any other creditor with a valid fixed charge;

Payments due to other creditors who have no valid fixed charge;

Payments due to shareholders for the return of capital (paid in cash);

Payments due to shareholders as dividends;

In this case, since Ahmed Solomon is a shareholder and has a debenture, he falls under the seventh category of preferred creditors, and his claim must be paid after the first five categories have been settled, but before other unsecured creditors such as those who gave advances on printing jobs.

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Wal-Mart's employment and compensation practices for lower-level employees have raised a lot of ethical questions. Wal-Mart is often accused of paying its workers a very low wage, opposing unionization, and working its employees very hard.

According to the ethics of human resource management, companies are required to have policies in place to ensure that all employees are treated fairly. Wal-Mart's low pay and opposition to unionization appear to be at odds with this ethical principle. Additionally, while Wal-Mart may argue that it pays its workers a competitive wage, the fact that many of its employees rely on government programs such as food stamps to make ends meet suggests otherwise.

Furthermore, working employees hard without offering them adequate compensation or benefits is considered to be unethical. Wal-Mart has been criticized for not offering its workers basic benefits such as health insurance, paid vacation, or sick leave. These practices make it difficult for employees to meet their basic needs, which can lead to stress, health problems, and other issues. According to the ethical theory of utilitarianism, actions are only ethical if they promote the greatest good for the greatest number of people.

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1. For Dan's sandwich ingredients, we know that each sandwich requires 2 slices of bread and 2 slices of ham. The cost of bread is $1 per slice and the cost of ham is $2 per slice.

Total cost of one sandwich = Cost of bread + Cost of ham = $2 + $4 = $6

Since Dan has $24 to spend on sandwich ingredients, we can calculate the maximum number of sandwiches he can afford:

Maximum number of sandwiches = $24 / $6 = 4 sandwiches

Therefore, his optimal bundle of bread and ham is:

Slices of bread = 2 slices/sandwich × 4 sandwiches = 8 slices of bread

Slices of ham = 2 slices/sandwich × 4 sandwiches = 8 slices of ham

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Answer:

C: change the position or direction of the pictures

Explanation:

I just took the quiz

In the United States, if you are working on health IT/IS for a large city's government, you need to pay close attention to directives from the HITECH Act. The HITECH Act provides money to health organizations that create Meaningful Use–certified health IT systems.

The Health Information Technology for Economic and Clinical Health (HITECH) Act is a regulation that offers stimulus funding for the development and usage of electronic health records (EHRs).

The Act establishes incentives for healthcare providers to modernize their operations, ensuring better-quality patient care via safer, more efficient electronic health records.

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Given:Direct Material requisitioned in September: $2,600Direct Labor used in September: $4,300Additional Direct Material required in October: $3,300Additional Direct Labor required in October: $6,700Overhead applied at the end of each month: 150% of direct labor cost incurredNow we need to calculate the balance in the Work in Process account at the end of September relative to Job A387.

Here's how we'll do it:Step 1: Calculate the total Direct Labor Cost incurred in SeptemberDirect Labor used in September = $4,300Step 2: Calculate the Overhead Applied at the end of SeptemberOverhead rate = 150% of Direct Labor cost incurredOverhead rate = 150% of $4,300 = $6,450Overhead applied at the end of September = $6,450Step 3: Calculate the Total Cost of Work done on Job A3B until the end of SeptemberTotal cost incurred = Direct Material + Direct Labor + OverheadTotal cost incurred = $2,600 + $4,300 + $6,450 = $13,350

Step 4: Calculate the balance in the Work in Process account at the end of SeptemberBalance in Work in Process account at the end of September = Total cost incurred - Direct Material used until the end of September - Direct Labor used until the end of SeptemberBalance in Work in Process account at the end of September = $13,350 - $2,600 - $4,300 = $6,450Therefore, the correct answer is option C) $5,700.

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The balance in the in the Work in Process account at the end of September relative to Job A387 would be B. $12,850

The job was not finished in September, so the total cost of $13,350 is still in the Work in Process account. The additional $3,300 of direct materials and $6,700 of direct labor will be added to the Work in Process account in October when the job is completed.

Direct materials used = $2,600

Direct labor used = $4,300

Overhead applied = 150% * $4,300 = $6,450

Total cost of job = $2,600 + $4,300 + $6,450

= $12,850

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The Canadian GAAP is transitioning towards full adoption of IFRS for all entities.

These entities use Canadian GAAP:

(a) Canadian private companies follow ASPE. ASPE offers private enterprises non-publicly accountable accounting standards and guidance.

(a) Pension plans: The Pension Accounting Handbook guides pension plan accounting and reporting in Canada. Canadian Actuaries publishes the manual.

(c) Canadian not-for-profit entities follow the CPA Canada Handbook - Accounting Part III. Part III of the manual sets rules for charities and other non-profits.

(d) Canadian public firms use IFRS. Publicly accountable entities worldwide adopt IFRS, including Canada. Public enterprises must prepare financial statements using IFRS as adopted by the IASB.

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Based on the given information, here are the adjusting entries for the year ended December 31, 2020:

Depreciation Expense:

Date: December 31, 2020

Debit: Depreciation Expense (Income Statement) - $3,000

Credit: Accumulated Depreciation - Office Equipment (Balance Sheet) - $3,000

Prepaid Insurance Expense:

Date: December 31, 2020

Debit: Insurance Expense (Income Statement) - $800 [($2,400 / 2) × (7/12)]

Credit: Prepaid Insurance (Balance Sheet) - $800 [($2,400 / 2) × (7/12)]

Office Supplies Expense:

Date: December 31, 2020

Debit: Office Supplies Expense (Income Statement) - $1,250 [$2,000 - ($1,500 - $750)]

Credit: Office Supplies (Balance Sheet) - $1,250 [$2,000 - ($1,500 - $750)]

Unearned Rent Revenue:

Date: December 31, 2020

Debit: Unearned Rent Revenue (Balance Sheet) - $750

Credit: Rent Revenue (Income Statement) - $750

Accrued Salaries Expense:

Date: December 31, 2020

Debit: Salaries Expense (Income Statement) - $900

Credit: Salaries Payable (Balance Sheet) - $900

Accounts Receivable:

Date: December 31, 2020

Debit: Accounts Receivable (Balance Sheet) - $1,200

Credit: Unbilled Fees (Income Statement) - $1,200

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The term that is not considered when estimating a credit rating is covenants. So, option c is correct.

The credit rating represents a credit score assigned to a business or an individual that decides the creditworthiness of that business or individual.The credit rating is an evaluation of an entity's ability to pay back its loans. Credit rating agencies such as Moody's, S&P, and Fitch Ratings use different procedures to assess the creditworthiness of borrowers.

There are five Cs that are considered when estimating a credit rating, which include:1. Capacity2. Character3. Collateral4. Consistency5. Capital

There are various types of covenants, but most of them involve the lender's requirement to adhere to certain financial restrictions or rules. They are part of a loan agreement and are intended to reduce the lender's credit risk and guarantee that the borrower will meet its obligations. The borrower must ensure that these conditions are met; otherwise, they may face consequences.

As a result, covenants are not considered when estimating a credit rating. So, option c is correct.

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Complete question:

Which of the following is NOT considered when estimating a credit rating?

capacity

character

covenants

consistency

collateral