The nominal rate of return on an investment is the rate of return earned in excess of the average rate of return earned by similar investments. It is important to note that this rate does not take into account the effects of inflation, which can erode the real value of an investment over time.
The actual percentage change in the dollar value of an investment unadjusted for inflation is known as the real rate of return. The real rate of return takes into account the effect of inflation, so it is the more accurate measure of long-term performance.
The percentage change in the dollar value of an investment adjusted for inflation is known as the nominal rate of return. This rate is a useful metric for comparing investments with different levels of inflation risk.
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the ohio superintendent of real estate may impose fines of up to $200 to accompany citations issued for minor licensee infractions. what happens to the collected fines?
The collected fines are used to support the regulation and licensing of real estate professionals in Ohio, as well as cover investigative and legal costs when necessary.
The Ohio Superintendent of Real Estate imposes fines of up to $200 for minor licensee infractions. The fines are collected and deposited into a state fund, which is then used to support the regulation and licensing of real estate professionals in Ohio.
The fund is used to pay for the expenses of administering and enforcing the state's real estate laws. The money collected also helps pay for investigative and legal costs when necessary. Additionally, any unused funds may be deposited into the state's General Revenue Fund.
In conclusion, the collected fines are used to support the regulation and licensing of real estate professionals in Ohio, as well as cover investigative and legal costs when necessary. Unused funds are deposited into the state's General Revenue Fund.
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true or false: the person who has custody of an asset should also account for the asset. a person who performs both duties will best know what the balance should be in the accounting records. true false question. true false
The person who has custody of an asset should also account for the asset. A person who performs both duties will best know what the balance should be in the accounting records. The given statement is True.
Who has custody of an asset?Custody means keeping the asset under the control or care of someone. The person who has custody of an asset should also account for the asset.
To account for an asset means to record and document an asset in the accounting records. When an asset is recorded, it is then tracked and monitored by the accounting system. This allows for easier tracking of changes in the value of the asset and for better control over the asset.
The person who has custody of an asset will also best know what the balance should be in the accounting records. When one person is responsible for both custody and accounting for an asset, they can ensure that there is a proper balance between what is being used and what is being recorded. Thus, the statement given in the question is true.
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stock r has a beta of 1.7, stock s has a beta of 0.35, the expected rate of return on an average stock is 8%, and the risk-free rate is 5%. by how much does the required return on the riskier stock exceed that on the less risky stock? do not round intermediate calculations. round your answer to two decimal places.
the required return on the riskier stock exceeds the required return on the less risky inventory by 3.6%.
there may be an indeniable dating among risk and return. The higher the danger of an investment, the better its average go back.
permit,
RR = expected return on inventory R
RS = anticipated return on stock S
βR = beta of stock R = 1.7
βS = beta of stock S = 0.eight
Rf = threat free charge = 4%
Rm = market return = 8%
using the capital asset pricing version (CAPM), we are able to discover the returns of the 2 stocks:
RR=Rf+βR∗(Rm−Rf)=0.04+1.7∗(0.08−0.04)=10.8percentRS=Rf+βS∗(Rm−Rf)=0.04+zero.8∗(zero.08−0.04)=7.%
consequently, the difference between the 2 is:
difference = RR - RS
difference = 10.8% - 7.2%
distinction = 3.6%
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the target rate of gdp growth is group of answer choices negative to reduce inflation about 3% 0% as high as possible
"as high as possible" would be the correct option to the normal objective rate of GDP growth while yet preserving stability and preventing inflation.
The target rate of GDP growth is typically not a fixed value, as it can vary depending on a number of factors such as the stage of the economic cycle, government policies, and the overall health of the economy. However, in general, the target rate of GDP growth is usually set to a positive value that is sustainable over the long term, with a goal of achieving a steady increase in economic output and employment levels while avoiding inflationary pressures. In some cases, such as during a period of high inflation, the target rate of GDP growth may be set lower in order to help reduce inflationary pressures. Therefore, the closest answer choice to the typical target rate of GDP growth would be "as high as possible" while still maintaining stability and avoiding inflation.
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global corp. sells its output at the market price of $13 per unit. each plant has the costs shown below: units of output total cost ($) 0 8 1 11 2 17 3 26 4 38 5 53 6 71 7 92 what is the breakeven quantity? enter 0 if total profit is always negative. please specify your answer as an integer.
The breakeven quantity is 4 units. To maximize profit each plant should produce 4 units of output and earn a profit of 14 dollars.
Therefore, the answer is the breakeven quantity should be 4 units of output.
How to find-
The total cost are given below-
Units of Output- 0 1 2 3 4 5 6 7
Total Cost($)- 8 11 17 26 38 53 71 92
Price of each unit ($)- 13 13 13 13 13 13 13
Total Revenue($)- 0 13 26 39 52 65 78 91
Then profits would be, - -8, 9 , 13, 14 ,12 , 7, -1
The formula for the above table:
TR=P×QPROFITS=TR−TCThe firm maximizes the profit at an output level where the difference of TR and TC is maximum.
As calculated in the table, to maximize profit each plant should produce 4 units of output and earn a profit of 14 dollars.
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crimson inc. initially introduced a new gadget to the niche market. eventually, other organizations provided the same product at a lower price. hence, crimson had to reduce the price of the gadget to the market price. this is an example of a .
Crimson Inc. initially introduced a new gadget to the niche market. Eventually, other organizations provided the same product at a lower price. Hence, Crimson had to reduce the price of the gadget to the market price. This is an example of price competition.
What is price competition?Price competition is the type of competition that takes place between firms when they lower prices of their products or services to attract customers. Price competition can take place in any market, regardless of the nature of the product or service being sold.
Crimson had to reduce the price of its gadget to the market price because other organizations had provided the same product at a lower price. Crimson Inc. had to reduce the price of its gadget to be competitive in the market because there was a lot of price competition going on. The company had to reduce the price to keep its customers and attract new ones.
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if the minimum wage is set below the equilibrium market wage, it: group of answer choices equals the black market wage. is lower than firms are willing to pay for labor. increases unemployment. is effective and reduces unemployment. none of these answers is correct.
If the minimum wage is set below the equilibrium market wage, it B). is lower than firms are willing to pay for labor.
Thus, the correct option is B.
A minimum wage is the minimum hourly wage that employers must pay their employees. The equilibrium market wage is the wage rate that balances the supply and demand for labor; it's the wage that the market would set if the government didn't intervene.
This market wage rate will be determined by the supply and demand for labor in the market. If the government sets a minimum wage that is lower than the equilibrium market wage, then it is lower than firms are willing to pay for labor.
This means that firms would be willing to pay a higher wage rate than the government-mandated minimum wage. In this situation, there would be no impact on employment or the black market wage rate.
Therefore, we can say that the minimum wage is set below the equilibrium market wage, it is lower than firms are willing to pay for labor. Hence, option B is correct.
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employees in organizations that have recently been downsized or re-engineered because of recent economic downturns are likely to be insecure and feel that their ideas don't matter. true false
The given statement is TRUE, i.e., "Employees in organizations that have recently been downsized or re-engineered because of recent economic downturns are likely to be insecure and feel that their ideas don't matter.'
A company's re-engineering or downsizing as a result of recent economic downturns can have a negative impact on employee morale. Employees in organizations that have recently been downsized or re-engineered because of recent economic downturns are likely to be insecure and feel that their ideas don't matter.
Therefore, to avoid such an occurrence, it is necessary to keep your employees informed and provide them with adequate information about what is happening. The management should communicate with them regularly, explain the company's goals and objectives, and give them the opportunity to express their ideas and opinions about how to achieve them. By doing so, the employees will feel valued and appreciated, and it will help to increase their motivation and productivity.
Hence, the statement is true.
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marvel's dimension of heroes video game is betting on the star power of its superheroes combined with state-of-the-art hand controllers to appeal to gamers. these new features will only succeed if they deliver superior to customers. a augmentation b performance c value d graphics e maneuverability
The missing word that completes the given sentence "Marvel's Dimension of Heroes video game is betting on the star power of its superheroes combined with state-of-the-art hand controllers to appeal to gamers.
Performance is the new features will only succeed if they deliver superior to customers.
These new features will only succeed if they deliver superior" is performance. The word 'performance' completes the given sentence.
The definition of performance is "the action or process of carrying out or accomplishing an action, task, or function."
The game aims to appeal to gamers with its new features, such as state-of-the-art hand controllers, and star power of its superheroes.
The game must deliver superior performance to appeal to customers or gamers as this is the primary feature that customers are interested in.
Therefore, option (b) Performance is the correct answer to the question.
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as production increases, the gap between atc and avc: group of answer choices increases. is proportional to mc. diminishes. remains constant.
When output rises, the difference among both ATC and AVC narrows, indicating that the former is the best alternative. The remainder are erroneous. The explanation is that the difference among both ATC and AVC narrows or shrinks.
Total cost is divided by the whole quantity of production to obtain average total cost (ATC). The normal total cost curve is U-shaped. The changeable cost is divided by the quantity of production to determine the average marginal costs (AVC).
The average total cost (ATC) is the overall cost incurred by a company when manufacturing one product unit. It is established by dividing the entire cost even by overall amount of output generated.
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"Complete question"
As Production Increases, The Gap Between ATC And AVC: Group Of Answer Choices Increases. Is Proportional To MC. Diminishes. Remains Constant.
As production increases, the gap between ATC and AVC:
Group of answer choices
a)increases.
b)is proportional to MC.
c)diminishes.
d)remains constant.
What is the number one trait that successful business leaders look for in both effective leaders and good followers?
The number one trait that successful business leaders look for in both effective leaders and good followers is adaptability.
Adaptability is an important trait because it enables individuals to cope with change, to learn new skills, and to adapt to new environments. As the world around us changes at an increasingly rapid pace, adaptability is becoming more and more important for success in all aspects of life, including business. Successful business leaders recognize this fact and look for employees who are adaptable and can adjust to new situations quickly and effectively.
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diversification initiatives include all the following except group of answer choices mergers and acquisitions. strategic alliances. shareholder development. joint ventures.
Diversification initiatives include all of the following except shareholder development.
What are diversification initiatives?A diversification initiative is a strategy that a firm uses to enter a new market or product range. This allows the business to expand its customer base and decrease its reliance on a single revenue stream.
Diversification involves the creation of new goods and services or the acquisition of businesses in completely different industries that will benefit the parent company's bottom line. Diversification initiatives include the following: Mergers and acquisitions .Strategic alliances.
Joint ventures. Diversification can also include internal initiatives, such as launching new product lines or expanding into new markets or geographies. In addition, diversification may entail investing in a portfolio of companies with diverse products or services that complement one another.
Diversification involves taking chances and spreading them over various ventures to mitigate risk. The objective of diversification is to balance the company's exposure to the vicissitudes of any single business or sector. In this manner, the company can spread its risk throughout a wide range of goods, services, and industries.
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the true cost of an item produced in a factory includes which of the following factors? social costs environmental costs internal costs external costs it includes all of these factors.
The true cost of an item produced in a factory includes: social costs, environmental costs, internal costs, and external costs. Manufacturers can develop production processes and business practices.
Internal costs refer to the costs incurred by the manufacturer while producing the item, such as the cost of raw materials, labor, machinery, and equipment. These are costs that are directly related to the manufacturing process.
External costs refer to the costs incurred by society as a whole as a result of the production of the item. These can include pollution and waste disposal costs, as well as health and safety costs associated with the production process.
Social costs refer to the costs incurred by the community and workers as a result of the production of the item. These can include lost wages, health issues, and safety concerns that arise from the production process.
All of these costs are factors that should be taken into account when calculating the true cost of an item produced in a factory.
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At the beginning of September, Helen Rojas started Rojas Wealth Management Consulting, a firm that offers financial planning and advice about Investing and managing money on September 30, the accounting records of the business showed the following information $132,400 16,000 13,600 150,099 Cash Accounts receivable office supplies office equipment Accounts payable Helen Rojas, Capital, September 1, 20X1 Fees Income Advertising expense Salarles expense Telephone expense withdrawals 186,800 311,600 64,000 3,200 Required: Prepare a statement of owner's equity for the month of September and a balance sheet for Rojas Wealth Management Consulting as of September 30, 20X1
Total Liabilities and Owner's Equity is $366,499 at Owner's Equity as of September 30, 20X1 $194,000.
To prepare the statement of owner's equity, we need to take into account the initial capital investment and any changes to that capital during the month of September. The statement of owner's equity can be prepared as follows:
Statement of Owner's Equity for September 20X1
Helen Rojas, Capital, September 1, 20X1 $132,400
Add: Net Income for September (Fees Income - Advertising expense - Salaries expense - Telephone expense) $64,800
Less: Withdrawals $3,200
Total Owner's Equity as of September 30, 20X1 $194,000
To prepare the balance sheet, we need to list the assets, liabilities, and owner's equity as of September 30, 20X1. The balance sheet can be prepared as follows:
Balance Sheet as of September 30, 20X1
Assets
Cash $186,800
Accounts receivable $16,000
Office supplies $13,600
Office equipment $150,099
Total Assets $366,499
Liabilities
Accounts payable $64,000
Total Liabilities $64,000
Owner's Equity
Helen Rojas, Capital $194,000
Total Liabilities and Owner's Equity $366,499
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a publicly-traded company gave its existing shareholders the opportunity to purchase from the new stocks that it will issue. the existing shareholders can purchase 3 new shares at a price of $10 per share for every 8 shares held. this is an example of:
A publicly-traded company gave its existing shareholders the opportunity to purchase from the new stocks that it will issue. The existing shareholders can purchase 3 new shares at a price of $10 per share for every 8 shares held. This is an example of a rights offering.
A rights offering is a way for a company to raise capital by offering its current shareholders the option to purchase additional shares of stock at a discount. This type of offering is usually structured so that shareholders can purchase a set number of shares for a set price. In this case, existing shareholders can purchase 3 new shares at a price of $10 per share for every 8 shares held. The main advantage of a rights offering is that it provides an opportunity for existing shareholders to purchase additional shares at a discount, which can help to increase their overall investment in the company. Additionally, since the shares are offered at a discount, it can be an attractive investment opportunity for new investors who may not have otherwise considered investing in the company. This is an example of a rights offering.Learn more about publicly-traded companies: https://brainly.com/question/15409930
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how is the demand curve perceived by a perfectly competitive firm different from the demand curve perceived by a monopolist?
The way a perfectly competitive firm perceives the demand curve is different from how a monopolist perceives the demand curve. In a perfectly competitive market, every business or firm sells the same product or service.
They do not have any control over the price of the product or service, as it is determined by the market forces of demand and supply.
In a perfectly competitive market, every business is a price-taker. This means that they have to sell the product at the market price, and they cannot influence or affect the market price.
The demand curve perceived by a perfectly competitive firm is perfectly elastic because it is horizontal, and they have no control over the market price. The perfectly competitive firm has to accept the price determined by the market.
Monopoly is the opposite of perfect competition. In a monopolistic market, there is only one supplier of a product or service. This supplier or monopolist has the power to control the market price.
The monopolist can set the price of the product or service by controlling the quantity produced. If they reduce the quantity, they can increase the price of the product or service. If they increase the quantity, they can reduce the price of the product or service.
This means that the demand curve perceived by a monopolist is downward sloping because the monopolist can control the market price based on the quantity produced.
The monopolist can sell fewer quantities at a higher price or more quantities at a lower price. The demand curve perceived by a monopolist is downward sloping and not perfectly elastic like the perfectly competitive market.
In summary, the demand curve perceived by a perfectly competitive firm is perfectly elastic, and it is horizontal. The demand curve perceived by a monopolist is downward sloping because they have the power to control the market price based on the quantity produced.
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mobile company manufactures and sells two products, tablet computers (60% of sales) and smartphones (40% of sales). fixed costs are $1,112,440, and the weighted-average contribution margin per unit is $274. how many units of each product are sold at the break-even point?
The company needs to sell 16,360 units in total at the break-even point. At the break-even point, the total contribution margin equals the fixed costs.
Let's start by finding the contribution margin per unit for each product. We very a heartedly know that the weighted-average contribution margin per unit is $274. We definitely know that tablets make up 60% of sales and smartphones make up 40% of sales. Therefore, the following equation:
0.6 * CMt + 0.4 * CMs = $274
At the break-even point, the total contribution margin equals the fixed costs. Therefore, we can set CM equal to the fixed costs and solve for X:
X * $274 = (0.6X * VCt) + (0.4X * VCs) + $1,112,440
X * $274 = 0.6X * $126 + 0.4X * $326 + $1,112,440
X * $274 = $75.6X + $130.4X + $1,112,440
X * $274 = $206X + $1,112,440
$68X = $1,112,440
X = 16,359.41
Since we cannot sell fractional units, we need to round up to the nearest whole number. Therefore, the company needs to sell 16,360 units in total at the break-even point.
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Help
Subject: Seasonal Product Vendors
>
се
Hi,
The Seasonal Product Team needs a vendor who can quickly adjust to changes in product demand. The Planning Team has sent
over a table comparing how the four available vendors have been performing. Can you identify which vendor to recommend?
Thank you,
Nadia Loomis
Task
Instructions
Rank order the vendors, keeping the Seasonal Product Team's needs in mind.
Flexibility
Customer Issues
Quantity Shipped
Shipped On Time
Rank
Vendor
1
D
.
.
1
.
2
K
.
.
3
V
.
.
.
.
4
Р
O
1
Based on the information provided, it seems that Vendor D is the most suitable vendor for the Seasonal Product Team's needs, followed by Vendor K, Vendor V, and Vendor P.
Vendor D appears to be the most flexible of the four vendors, as evidenced by their low number of customer issues, high quantity shipped, and high on-time shipping rate. They have the fewest customer issues, indicating that they are likely able to adjust to changes in demand quickly and efficiently.Vendor K also seems like a good option, as they have the second-fewest customer issues and a high on-time shipping rate. However, their quantity shipped is slightly lower than Vendor D, which could be a concern.Vendor V has shipped the most quantity overall, but they have a higher number of customer issues and a lower on-time shipping rate than both Vendor D and Vendor K.Finally, Vendor P appears to have the most customer issues and the lowest quantity shipped and on-time shipping rate of the four vendors, indicating that they may not be the best option for the Seasonal Product Team's needs.
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hrm 595 learning how to negotiate is all about communication and how one conducts themselves around others. what leadership skills do you feel one needs to practice diversity, equity, and inclusion with an unconscious bias during the negotiation process?
Negotiating while embracing diversity, equity, and inclusion requires a particular set of leadership skills.
These skills include building trust, understanding the power dynamics of a negotiation, being culturally competent, and being mindful of unconscious bias. Building trust is essential in order to ensure a successful negotiation. It allows all parties to have confidence that their needs and concerns will be heard and respected. Understanding the power dynamics of the negotiation will also help create a balanced environment in which all sides can feel respected.
Being culturally competent is important for any negotiation. This means having an understanding of how cultural norms and values might affect the situation. It can also involve being aware of one’s own biases and how they might impact the process. Finally, it is important to be mindful of unconscious bias. Unconscious bias can be difficult to identify, but it can affect the negotiation process in many ways. It is important to take the time to become aware of any biases and how they might be affecting the negotiation process.
By practicing these leadership skills, negotiators can ensure that diversity, equity, and inclusion are fully embraced during the process.
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an auto worker in michigan who loses his job because the company relocated the plant to another country is an example of unemployment. multiple choice question. seasonal frictional structural cyclical
An auto worker in Michigan who loses his job because the company relocated the plant to another country is an example of structural unemployment.
What is structural unemployment?Structural unemployment occurs when the skills or resources required for a job are no longer needed. When a technological improvement happens, for example, and machines replace employees, structural unemployment may occur.
This type of unemployment may also occur as a result of a shift in consumer tastes or a change in government policies that have a direct impact on the economy. Thus, the given scenario matches the structural unemployment category.
An example of each type of unemployment
Seasonal unemployment: Seasonal unemployment is a sort of unemployment that occurs when a job is only available at certain times of the year. For example, during the summer months, lifeguards and ice cream truck drivers may be in high demand, but during the winter months, they may be out of work.Frictional unemployment: Frictional unemployment arises when employees search for better employment and need time to do so. Employees who leave their positions to go back to school are an example of this.Cyclical unemployment: Cyclical unemployment occurs as a result of fluctuations in the economy's overall output or employment levels. It is caused by a lack of consumer demand.. Learn more about unemployment at
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which of the following statements regarding junk bonds is true? a. junk bonds typically offer lower yields to maturity than investment-grade bonds. b. junk bonds have higher priority in bankruptcy than preferred stock. c. junk bonds offer no coupon payments to investors. d. junk bonds are typically defined as bonds with default probabilities of 25% or higher.
D. Junk bonds are typically defined as bonds with default probabilities of 25% or higher. Since they are issued by companies with weaker credit ratings than investment-grade bonds, high-yield bonds, often known as junk bonds, are riskier than those bonds.
High-yield bonds, commonly referred to as junk bonds, are riskier than investment-grade bonds since they are issued by corporations with lower credit ratings. They therefore provide greater rates to draw in investors. These yields are higher because there is a greater danger of default, with typical default probabilities of 25% or more. Junk bonds often have a lower priority than other creditors, but remain higher than preferred shares in the case of a default. To make up for the greater risk, investors in junk bonds do get coupon payments, which are generally larger than those of investment-grade bonds.
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b. darin company purchased a truck and trailer for $54,000. the appraised values of the truck and trailer are $38,000 and $19,000, respectively. what is the amount of the cost that should be assigned to the trailer? group of answer choices $19,000 $18,000 $16,000 $22,000
The amount of cost that should be assigned to the trailer is $18,000. Thus, Option B is correct.
When allocating the cost of a bundle of assets, we need to use the relative appraised values of each asset to determine the appropriate allocation. In this case, we used the appraised values of the truck and trailer to determine the fraction of the total appraised value that corresponds to the trailer.
We then applied this fraction to the total cost of the bundle to determine the appropriate allocation of cost to the trailer.
To calculate the amount of cost that should be assigned to the trailer, we need to use the relative appraised values of the truck and trailer. First, we add the appraised values of the truck and trailer:
= $38,000 + $19,000 = $57,000Then, we divide the appraised value of the trailer by the total appraised value:
= $19,000 / $57,000 = 0.3333Finally, we multiply this fraction by the total cost of the truck and trailer:
= 0.3333 x $54,000 = $18,000Therefore, the amount of cost that should be assigned to the trailer is $18,000 and Option B holds true.
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Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow. Standard Enhanced Total
Units produced 26,100 8,700 34,800
Machine-hours 15,660 10,440 26,100
Direct labor-hours 19,575 19,575 39,150
Direct materials costs $ 522,000 $ 783,000 $ 1,305,000
Direct labor costs 313,200 665,550 978,750
Manufacturing overhead 829,980
Total costs $ 3,113,730
Required:
Compute the predetermined overhead rate assuming that Redfern Audio uses direct labor-hours to allocate overhead costs
According to the question the predetermined overhead rate is $21.14 per direct labour-hour.
What is direct labour-hour?Direct labour-hour (DLH) is a measure of the amount of time that a worker spends directly on a specific task or project. It is closely related to direct labour cost and is used to calculate the total cost of labour for a specific project. DLH is calculated by multiplying the number of hours a worker spends on a task or project by the cost of labour per hour. This figure is then used to determine how much it will cost to complete the project. DLH is used by many businesses to assess the cost of labour for a specific job or project and to ensure that the right amount of resources are allocated to the task.
The predetermined overhead rate is calculated by dividing the total manufacturing overhead costs by the total direct labor-hours.
Therefore, the predetermined overhead rate is
$829,980 / 39,150 direct labour-hour
= $21.14 per direct labour-hour.
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Which of the following is not an issuer of bonds?
a. households
b. corporations
c. the U.S. Treasury
d. government agencies
The following is not an issuer of bonds in a. households.
The term "bond issuer" refers to an entity that is authorized to issue bonds to investors to obtain funds. Various organizations can issue bonds to raise money, including the U.S. Treasury, government agencies, corporations, and other institutions. Let's examine the given options: Households- Not an issuer of bonds. This is not an authorized entity to issue bonds. It refers to an individual or family occupying a house as their primary residence. Corporations- Issuer of bonds. Corporations are permitted to issue bonds to raise money to finance their activities and achieve their objectives.
The U.S. Treasury- Issuer of bonds. The US Treasury is permitted to issue bonds to finance the country's operations, including the deficit. Government Agencies- Issuer of bonds. Various government agencies, such as Fannie Mae and Freddie Mac, are permitted to issue bonds to raise money to fund their operations. Therefore, the correct option is "a. households."
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the company paid $2,500 cash to rent office space for the month of march. the company received $21,000 cash for repair services provided during march. the company paid $6,700 for salaries for the month of march. the company provided $3,500 of services to customers on account. the company paid cash of $1,000 for utilities for the month of march. the company received $3,600 cash in advance from a customer for repair services to be provided in april. the company purchased $5,500 of land for cash. based on this information, net income for march would be:
Net income for March is $8,600.What is Net Income? Net income is a financial accounting term that refers to the difference between total revenue and total expenses in a given period.
A company's net income is a useful measure of its financial well-being. Net income may be used to calculate a company's earnings per share. What is the formula to calculate net income?
The following formula can be used to compute net income: Net Income = Revenue – Cost of Goods Sold (COGS) – Operating Expenses – Other Expenses + Other Income. Solution for this problem: Revenue: $21,000 Service Revenue earned during the month of March is $21,000.
Rent Expense: $2,500 Rent expense paid during March was $2,500. Salaries Expense: $6,700 Salary expense paid during March was $6,700.Utilities Expense: $1,000 Utilities expense paid during March was $1,000.Land: $5,500 Cash paid for Land is $5,500.
Accounts Receivable: $3,500 Service revenue on account, $3,500 has been provided to customers for the month of March. Advance Received: $3,600Advance cash received from a customer is $3,600.
Determine net income for the month of March using the given information. Net Income = Revenue - (Rent Expense + Salary Expense + Utilities Expense + Land Cost + Other Expenses) + Other Income. Net Income = $21,000 - ($2,500 + $6,700 + $1,000 + $5,500 + $3,500) + $3,600= $21,000 - $19,700 + $3,600= $4,900 + $3,600= $8,600 Therefore, net income for March would be $8,600.
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Net income for March is $8,600. Net income is a financial accounting term that refers to the difference between total revenue and total expenses in a given period.
The following formula can be used to compute net income: Net Income = Revenue – Cost of Goods Sold (COGS) – Operating Expenses – Other Expenses + Other Income. Solution for this problem: Revenue: $21,000 Service Revenue earned during the month of March is $21,000. Rent Expense: $2,500 Rent expense paid during March was $2,500. Salaries Expense: $6,700 Salary expense paid during March was $6,700.Utilities Expense: $1,000 Utilities expense paid during March was $1,000.Land: $5,500 Cash paid for Land is $5,500. Accounts Receivable: $3,500 Service revenue on account, $3,500 has been provided to customers for the month of March. Advance Received: $3,600Advance cash received from a customer is $3,600. Net Income = Revenue - (Rent Expense + Salary Expense + Utilities Expense + Land Cost + Other Expenses) + Other Income. Net Income = $21,000 - ($2,500 + $6,700 + $1,000 + $5,500 + $3,500) + $3,600= $21,000 - $19,700 + $3,600= $4,900 + $3,600= $8,600 Therefore, net income for March would be $8,600.
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what causes high insurance charges in international trade
Answer: Factors that cause high insurance charges in international trade are:
1. Distance and Transportation
2. Risk of Damage or Loss
3. Political and Economic instability
4. Customs and Regulatory issues
5. Currency Fluctuations
Explanation:
There are several factors that can contribute to high insurance charges in international trade:
1. Distance and transportation: International trade involves shipping goods over long distances, which increases the risk of loss or damage during transit. As a result, insurance premiums can be higher for international shipments than for domestic shipments.
2. Risk of damage or loss: The risk of damage or loss during transit can be higher for certain types of goods, such as fragile or high-value items. Insurance premiums can reflect this increased risk.
3. Political and economic instability: Political and economic instability in certain regions can increase the risk of damage or loss to goods during transit. Insurance companies may charge higher premiums for shipments to these regions.
4. Customs and regulatory issues: Customs and regulatory issues can cause delays and increase the risk of loss or damage to goods during transit. Insurance companies may charge higher premiums for shipments that are subject to these issues.
5. Currency fluctuations: Currency fluctuations can affect the value of goods during transit and increase the risk of loss or damage. Insurance companies may adjust premiums to reflect this increased risk.
Overall, insurance charges in international trade reflect the increased risk and complexity involved in shipping goods across borders and over long distances.
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which of the following can be a reason for a favorable price variance for direct materials? group of answer choices less amount of material used during production than planned for actual output an unexpected increase in the price of materials workers taking less time to produce the products than was expected a decrease in the price of materials due to an oversupply of materials
A favorable price variance for direct materials occurs when the actual cost of the materials used in production is less than the standard cost of those materials.
This can be due to various reasons, but one of the most common reasons for a favorable price variance for direct materials is a decrease in the price of materials due to an oversupply of materials.
An oversupply of materials in the market can lead to a decrease in the price of those materials, which can benefit the company by reducing its material costs. Therefore, if the company is able to purchase materials at a lower price than the standard cost, it would result in a favorable price variance.
The other options mentioned in the question, such as using less material during production than planned, an unexpected increase in the price of materials, or workers taking less time to produce products than expected, would not necessarily result in a favorable price variance for direct materials.
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the following annual costs are associated with three new extruder machines being considered for use in a styrofoam cup plant: data x x-trud supr-x useful life, years 7 17 13 first cost $2,980,000 $2,870,000 $2,360,000 salvage value $95,000 $121,000 $92,000 annual benefit $226,000 $640,000 $748,000 m&o $75,000 $70,000 $57,000 m&o gradient $13,000 $12,500 $13,500 the company's interest rate (marr) is 7%. which extruder should the styrofoam company choose? use annual cash flow analysis and provide the right reason. group of answer choices choosing supr-x will maximize the euab-euac; its value is $771,283 higher than x and $144,991 higher than x-trud. choosing supr-x will maximize the euab-euac; its value is $231,283 higher than x and $23,991 higher than x-trud. choosing supr-x is best because it has the highest annual benefit choosing supr-x is best because it has the lowest m&o cost in yr1
The styrofoam company should choose the Supr-X extruder machine because it will maximize the EUAB-EUAC. The value of the Supr-X machine is $771,283 higher than the X machine and $144,991 higher than the X-Trud machine.
This is determined by conducting an annual cash flow analysis, taking into account the data provided, such as first cost, salvage value, annual benefit, M&O, and M&O gradient.
1. Calculate the EUAB (Economic Useful Annual Benefit) of each machine using the formula EUAB = Annual Benefit - M&O.
2. Calculate the EUAC (Economic Useful Annual Cost) of each machine using the formula EUAC = First Cost + (M&O * MARR) - Salvage Value.
3. Calculate the difference between the EUAB and the EUAC of each machine.
4. Choose the machine with the highest EUAB-EUAC difference. In this case, it is the Supr-X machine.
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which of the following is an example of an external cost? a fish-packing company pays unemployment compensation to workers displaced by automation. a landfill owner buys more land to increase the size and profitability of the landfill. individuals pay for medical treatment of lung disease aggravated by pollution from a coal- fired power plant.
A fish-packing company paying unemployment compensation to workers displaced by automation is an example of an external cost.
External costs are the costs incurred by an individual or group outside of the company or organization that is directly responsible for the cost, such as the individuals paying for medical treatment of lung disease aggravated by pollution from a coal-fired power plant.
The other option, a landfill owner buying more land to increase the size and profitability of the landfill, is an example of an internal cost, since the owner is responsible for paying the cost.
External costs can include environmental damage, health risks, and economic disruption to the surrounding area.
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for a company with a related diversification strategy, the most appropriate is a functional organizational structure. group of answer choices true false
For a company with a related diversification strategy, the most appropriate is a functional organizational structure. The given statement is true.
What is a functional organizational structure?
A functional organizational structure is a corporate structure in which the various employees and divisions are organized based on their functions. This type of structure organizes employees into various departments based on their specialties, such as accounting, HR, and marketing.
The organizational structure of a firm is a system that outlines how specific actions are directed and how different sections are related to one another.
Companies might be hierarchical, where one person leads the organization and everyone else reports to that individual. In addition, they can be horizontal or flat, which means that there are a few or no tiers of management.
Regardless of the size or form of the company, the corporate structure is an essential aspect of the company's administration. It defines the workers' roles and responsibilities, establishes a system of communication and information sharing, and aids in the achievement of organizational goals.
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