Whitley Construction Company is in the home remodeling business. Whitley has three teams of highly skilled employees, each of whom has multiple skills involving carpentry, painting, and other home remodeling activities. Each team is led by an experienced employee who coordinates the work done on each job. As the needs of different jobs change, some team members may be shifted to other teams for short periods of time. Whitley uses a job costing system to determine job costs and to serve as a basis for bidding and pricing the jobs. Direct materials and direct labor are easily traced to each job using Whitley’s cost tracking software. Overhead consists of the purchase and maintenance of construction equipment, some supervisory labor, the cost of bidding for new customers, and administrative costs. Whitley uses an annual overhead rate based on direct labor hours.



Whitley has recently completed work for three clients: Harrison, Barnes, and Tyler. The cost data for each of the three jobs are summarized below:


Job Direct Materials Direct Labor Hours Direct Labor Cost
Harrison $ 6,753 45 $ 15,367
Barnes 13,229 88 22,184
Tyler 42,338 133 49,654


Budgeted direct materials cost and direct labor cost for the year are estimated at $450,000 and $600,000, respectively. Direct labor hours are budgeted at 22,500 hours, and total overhead is budgeted at $495,000.



Required:

1. Calculate the total cost of each of the three jobs.

2. Suppose that for the entire year, Whitley used 23,800 labor hours and total actual overhead was $525,000. What is the amount of underapplied or overapplied overhead?

Answers

Answer 1

The total cost of the three jobs for Whitley Construction Company has been calculated as follows: Harrison - $7,995, Barnes - $16,985, and Tyler - $56,803. In addition, based on actual overhead of $525,000 and actual direct labor hours of 23,800, the amount of overapplied overhead for the year is $1,400.

The total cost of each job is calculated as follows:

Harrison: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)

= $6,753 + $15,367 + (45 x Overhead Rate)

Barnes: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)

= $13,229 + $22,184 + (88 x Overhead Rate)

Tyler: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)

= $42,338 + $49,654 + (133 x Overhead Rate)

Using the annual overhead rate based on direct labor hours, we can calculate the overhead rate as follows:

Annual overhead rate = Total overhead / Total budgeted direct labor hours

= $495,000 / 22,500 hours

= $22 per direct labor hour

Therefore, the total cost of each job is:

Harrison: $6,753 + $15,367 + (45 x $22) = $7,995

Barnes: $13,229 + $22,184 + (88 x $22) = $16,985

Tyler: $42,338 + $49,654 + (133 x $22) = $56,803

The amount of underapplied or overapplied overhead can be calculated using the following formula:

Actual Overhead - Applied Overhead

To calculate the applied overhead, we use the annual overhead rate based on direct labor hours to multiply the actual direct labor hours used for the year:

Applied Overhead = Annual Overhead Rate x Actual Direct Labor Hours

= $22 x 23,800 hours

= $523,600

Therefore, the amount of underapplied or overapplied overhead is:

Actual Overhead - Applied Overhead

= $525,000 - $523,600

= $1,400 overapplied overhead.

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Related Questions

PLEASE SEE EXPECTED ANSWER BELOW BEFORE YOU SUBMIT YOUR EXPLANATION. IF YOU PROVIDE A DATA, KINDLY SHOW HOW YOU GET IT CLEARLY PLEASE

Younis Corporation’s income statement appears below:

Income Statement
Sales (all on account) $ 1,240,000
Cost of goods sold 780,000
Gross margin 460,000
Operating expenses 416,571
Net operating income 43,429
Interest expense 14,000
Net income before taxes 29,429
Income taxes (30%) 8,829
Net income $ 20,600
The company’s net profit margin percentage is closest to:

Expected Correct Answer :
1.7%

Answers

Answer:

  1.7%

Explanation:

You want to know the net profit margin percentage, given sales of $1.24M and a net income of $20,600.

Net profit margin

The net profit margin is calculated as the ratio of net income to sales. As the income statement shows, the net income is the remaining revenue after subtraction of cost of goods sold, operating expenses, interest expense, and taxes.

  net profit margin = (net income)/(sales) = 20600/1240000

As a percent, this is ...

  net profit margin = 206/124000 × 100% = (206/124)% ≈ 1.6613%

The net profit margin is about 1.7%.

An investor purchased 50 shares of
stock in a company for $3,000. One
year later, the investor sold all 50
shares for $3,200. What is the
investor's rate of return?
A. 6.7%
C. -6.7%
B. 6.3%
D. -6.3%

Answers

Based on the given information, investor's rate of return is 6.7%. Thus the correct option is A.

The difference between the selling and purchasing prices is the total gain or loss of the investor.

Purchase price = 50 shares x $60 per share = 3000

Selling price = 50 shares x $64 per share = $3200

Total loss = $3200-$3000=$200

Rate of return = (total gain or loss / original investment) x 100%

Rate of return = ($200 / $3000) x 100%

Rate of return = 6.66

Since, the investor's rate of return is 6.66 which can be written as 6.7% in positive manner. Therefore, option A is appropriate.

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A number of sentences are given below which, when properly sequenced, form a coherent paragraph. Each sentence is labelled with a letter. Choose the most logical order of sentences from among the four given choices to construct a coherent paragraph. (A) Realists believe that there is an objective reality out there independent of ourselves. (B) This reality exists solely by virtue of how the world is, and it is in principle discoverable by application of the methods of science. (C) They believe in the possibility of determining whether or not a theory is indeed really true or false. (D) I think it is fair to say that this is the position to which most working scientists subscribe. (a) ABCD (b) CDBA (c) DCBA​

Answers

Answer:

The most logical order of the given sentences is: (c) DCBA.

Explanation:

Sentence (c) introduces the realists' belief in the possibility of determining the truth or falsehood of a theory. Sentence (D) supports this view by stating that most working scientists subscribe to this position. Sentence (B) then elaborates on how this is possible, by stating that reality exists independently of ourselves and is discoverable through the methods of science. Finally, sentence (A) provides a brief summary of the realists' position. Therefore, the correct order is DCBA.

James received a raise after his first year on the job to $43,800 from his initial salary of $42,000. Inflation averaged 2.8% for that first year. In real terms (i.e., adjusted for inflation), what was his real raise stated as a percentage?

The calculation for percentage change of personal income is:
Group of answer choices
4.29%
2.29%
5.29%
1.29%

Answers

The calculation for percentage change of personal income is A. 4.29%. that is, the real raise of salary in percentage is 4.29%.

What is inflation?

The overall rise in prices of goods and services over time in an economy is referred to as inflation. When inflation occurs, people may purchase fewer products and services with the same amount of money because the purchasing power of a unit of currency declines.

How do you determine it?

James's initial income of $42,000 must be adjusted for inflation before being compared to his current compensation of $43,800 in order to determine his actual raise. The inflation rate was 2.8%.

Raise in salary = 43800 - 42000 = $1800

Therefore, real raise of salary in percentage is:

= Raise in salary/ initial salary x 100%

= 1800/42000 x 100%

= 4.285% = 4.29%

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Irene's team is criticized for never coming up with innovative ideas. What is MOST likely to be a barrier to innovation?

Soft skills

Multiple intelligences

Group think

Diversity

Answers

C. Group think.

Group thinking is the most likely barrier to innovation for Irene's team. Groupthink occurs when a group of people prioritizes consensus and conformity over critical thinking and creativity. In this case, the team may be so focused on agreeing with each other that they fail to consider new or innovative ideas.

Soft skills, multiple intelligences, and diversity can all be beneficial to innovation. Soft skills like communication and collaboration can help team members share ideas and work together effectively. Multiple intelligences can bring different perspectives and approaches to problem-solving. Diversity can bring unique experiences and insights that can lead to more creative solutions.

C. Group think
If you didn’t have a group you wouldn’t be able to have different ideas and solutions.

The purpose of this category of interview questions is to learn about the interviewee’s personal attributes.
a.
General information questions
b.
Behavioral questions
c.
Character questions
d.
Stress questions


Please select the best answer from the choices provided

A
B
C <---------------- correct
D
correct is C

Answers

Answer:

C. Character questions is the answer.

Explanation:

Research and briefly summarize the following savings options. In your summary, make sure you mention the level of risk associated with each option and recent returns on investment. Savings account Certificates of deposit Stocks Bonds Mutual funds Employer sponsored savings plan Physical assets Commodities

Answers

Answer:

Savings account: A savings account is a bank account that earns interest on the money deposited. The level of risk is low, and the returns are also low, usually below the rate of inflation.

Certificates of deposit: Certificates of deposit (CDs) are a type of savings account that has a fixed term and interest rate. The level of risk is low, and the returns are higher than savings accounts, but still low compared to other options.

Stocks: Stocks are a type of investment that represents ownership in a company. The level of risk is high, and the returns are also high, but can be volatile.

Bonds: Bonds are a type of investment where the investor loans money to a company or government in exchange for regular interest payments. The level of risk is low to moderate, and the returns are moderate.

Mutual funds: Mutual funds are a type of investment that pools money from multiple investors to buy a portfolio of stocks, bonds, or other securities. The level of risk and returns depend on the specific mutual fund.

Employer sponsored savings plan: Employer-sponsored savings plans, such as 401(k)s, are retirement savings accounts that allow employees to contribute pre-tax income. The level of risk and returns depend on the specific investment options offered.

Physical assets: Physical assets, such as real estate or gold, are tangible items that can be bought and sold. The level of risk and returns depend on the specific asset.

Commodities: Commodities, such as oil or agricultural products, are raw materials that can be bought and sold. The level of risk and returns depend on the specific commodity.

If a local gas station was to upgrade their pos system what would be the cost and the benefits of upgrading their pos system?

If a local gas station was to upgrade their gas pumps what would the cost and benefits of upgrading their gas pumps be?

Answers

Upgrading the POS system:

The price to upgrade the POS system at a neighbourhood petrol station will vary depending on the size of the station, the required number of registers, and the features wanted. A new POS system typically costs several thousand dollars, plus there are continuing costs for software and support.

However, the advantages of upgrading can include increased sales and inventory tracking accuracy, quicker transaction processing times, and the capacity to provide customers with more payment options.

Additionally, a new POS system may provide more powerful reporting and analytics tools, empowering station owners to make better commercial decisions.

Upgrading the gas pumps:

It may be more expensive to upgrade the petrol pumps at a neighbourhood petrol station than the POS system. The price of upgrading can run from tens of thousands to hundreds of thousands of dollars, depending on the quantity of pumps and the desired features.

However, advantages can also include increased safety features like leak detection systems and automatic shutoff valves, which can help the station save money over time on fuel costs.

A better customer experience and higher sales can result from upgraded petrol stations, which can also provide more payment alternatives and quicker transaction processing times. The precise needs of the petrol station and the available budget will determine the cost and advantages of modernising the petrol pumps.

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Ms Kona owns a 9 percent interest in Carlton LLC

Answers

If Ms. Kona owns a 9% interest in Carlton LLC, it means that she has a 9% ownership stake in the company.

What soes stake ownership mean

Ms. Kona is evidently an owner of 9% of Carlton LLC, granting her a privilege to a nine percent share in the association's gains and interest when it comes to taking part in management resolutions.

In essence, the specifics of her investment rights are reliant upon the particular conditions of the existing Limited Liability Company operation contract, which supervises the alliance between the business' proprietors and executives.

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fabian has (blank 1 ) over the store. He has (blank 2 ) with respect to the money owed to his creditors

Blank 1 =
A: Sole partnership
B: Multi-proprietorship
C: sole proprietorship

Blank 2 =
A: Limited liability
B: Unlimited liability
C: Fluctuating liability

Answers

Fabian has option C) sole proprietorship over the store. He has with option B) Unlimited liability respect to money owed to his creditors.

What is a sole proprietorship?

A sole proprietorship is a business model where a single individual owns and manages a business. It is the simplest and most common form of business entity, where the owner has complete control over the business's operations and finances. The owner is personally liable for all the business's debts and obligations, and there is no legal distinction between the owner and the business. This means that the owner is responsible for paying all taxes and any legal claims that may arise. Sole proprietorships are easy to set up and require minimal paperwork and legal formalities. They are common among small businesses and self-employed individuals, such as freelancers and independent contractors.

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Which statement defines financial investment?

A. It is the network that facilitates the exchange of funds.

B. It is the buying and selling of financial assets.

C. It is the buying of capital goods.

D. It is the expected earnings an investment yields for the investor.

Answers

The term "financial investment" describes buying financial assets such as stocks, bonds, mutual funds, or other securities in the hope of making money from the asset's rise in value or from income it produces, such as interest or dividends. Option B. It is the buying and selling of financial assets. is correct.

A crucial component of financial investment is the purchasing and selling of these financial assets in order to make money or rebalance a portfolio.

The financial system, which is a more general notion that includes the organisations and procedures that facilitate the transfer of money between savers and investors, is described in Option A.

The acquisition of long-lasting, enduring commodities, such as machinery or equipment, which are required in the creation of other products or services is referred to as Option C.

Option D mentions the return on investment, which is an important factor to take into account when making financial investments, but it does not describe the idea.

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Here's the question:
You want to accumulate $1 million by your retirement date, which is 25 years from now. you will make 25 deposits in your bank, with the first occurring today. The bank pays 8% interest, compounded annually. You expect to receive annual raises at 3%, which will offset inflation, and you will let the amount you deposit each year also grow by 3% (i.e, your second deposit will be 3% greater than your first, the third will be 3% greater than the second, etc.) How much must your first deposit be if you are to meet your goal.

Both answers that I received are incorrect compared to the book. I'm trying to solve. this using excel functions. The first part is finding the PV using N = 25, I = 3%, FV=-$1,0
It's getting the payment from the PV that is the challenge.

Answers

$231,557.13 is the first deposit if you are to meet your goal. The total PMT value is  $17,289.38 if the interest rate is at 3% every year.

Time period = 25 years

Future value =  $1 million

Bank interest = 8%

To calculate the amount for the first month's deposit, the Present value is calculated as:

PV = [tex]FV / (1 + r)^n[/tex]

PV = [tex]1000000 / (1 + 0.08)^{25}[/tex]

PV = $231,557.13

To calculate the Future value of annual deposits at 3% per year

FV = [tex]PMT * [(1 + g)^n - 1] / g[/tex]

$1,000,000 = [tex]PMT * [(1 + 0.03)^{25} - 1] / 0.03[/tex]

PMT = $17,289.38

To make $1 million in 25 years, you must make 25 deposits of increasing amounts.

To calculate the amount using the PMT function in Excel:

Future value =PMT(0.08, 25, -231557.13, 0, 1.03)

Future value = $17,289.38

Therefore we can conclude that in both calculations, we got a payment amount of $17,289.38.

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Isabella works for the global professional services firm Deloitte. Her boss is sending her and five of her colleagues to one of Deloitte's Greenhouses. What is MOST likely the goal of their visit to the Greenhouse?


to host stakeholders at a formal dinner presentation

to perform quality assurance on new products

to engage in innovative and creative ideas

to plant trees to lower their carbon footprint

Answers

The MOST likely goal of Isabella and her colleagues' visit to the Deloitte Greenhouse is "to engage in innovative and creative ideas."

What is the goal ofb the visit?

Thе MOST likеly goal of Isabella аnd hеr colleagues' visit tо the Delоitte Greenhоuse is "tо еngagе in innovаtive аnd creаtive ideas."

Delоitte's Greenhоuse is a uniquе collаborаtive spaсe that is dеsignеd tо foster innоvatiоn, creаtivity, аnd collaboration among emplоyees аnd clients.

Thе Greenhоuse is intеndеd tо be an immersive, interaсtive еxpеriеncе that enсourages individuals tо explоre new ideas, еxpеrimеnt with different аpproаches, аnd develoр innovаtive solutions tо complеx prоblems.

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Evaluate which elements of the extended marketing mix are most important in meeting the specific requirements of the key customer segment.

Answers

The specific elements of the extended marketing mix that are most important in meeting the requirements of a key customer segment include:

Product Price Promotion

Why are these elements important ?

The product or service being offered must meet the specific needs and preferences of the target customers. This includes factors such as quality, design, features, and packaging.

The price of the product or service must be competitive and appropriate for the target customers. This may involve pricing strategies such as discounts, promotions, or bundling.

The marketing communication strategy must be tailored to the specific needs and preferences of the target customers. This may involve factors such as advertising, sales promotions, and public relations.

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Production data for Joe's Pizza Parlor are as follows. For simplicity assume that labor is the only input. Each pizza sells for $5. Number of Workers Pizzas Baked Per Day 0 0 1 10 2 19 3 27 4 34 5 40 How many workers will Joe hire if he must pay each one $18 a day?

Answers

The number of workers that Joe will hire if he is supposed to pay every worker $35 per day would be: 2 workers

How to Find the number of workers

Given that,

No. of workers   Pizzas baked every day

0                                   0

 1                                   12

 2                                  18

 3                                  24

 4                                  30

 5                                  32

Price of pizza

given that the wage of one worker each day = $ 35

If we calculate,

Total revenue for different no. of workers   =  0   60  90   120    150    160

Marginal revenue for varied no. of workers =  0   60  30    30      30      10

Marginal cost of labor  =                                  0    35  70   105    140    175

Profit                                                              0    25  20     15      10     -15

In order to get pay each labor $35 a day, Joe must hire 2 workers.              

Thus, 2 workers are the correct answer.

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One of the advantages of phone interviews is that you can have a successful call from any location like your home or a busy coffee shop.

Answers

There are many benefits to conducting phone interviews over setting up an initial face-to-face appointment, including the fact that they are quicker and more convenient for both you and the interviewee. Personality, telephone manners, and mannerisms are frequently relied upon and required in sales jobs, in addition to educational background and experience.

The flexibility and convenient that phone interviews provide for both the interviewer and the interviewee is one of their benefits. Phone interviews can be done from any location as long as there is a dependable phone connection because the participant does not need to be there physically. Candidates can conduct phone interviews from their home, business, or any other convenient location, eliminating the need for travel to the interviewer's office.

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During the current year, merchandise is sold for $199,500 cash and $626,800 on account. The cost of the goods sold is $537,100. What is the amount of the gross profit?

Answers

Answer:

The formula for gross profit is:

Gross Profit = Total Sales Revenue - Cost of Goods Sold

We are given that the merchandise sold for $199,500 cash and $626,800 on account, so we have to find out the total sales revenue

This is the formula:

Total Sales Revenue = Cash Sales + Credit Sales

Total Sales Revenue = $199,500 + $626,800

Total Sales Revenue = $826,300

The cost of goods sold is given as $537,100. Substituting the values into the formula for gross profit, we get:

Gross Profit = $826,300 - $537,100

Gross Profit = $289,200

Therefore, the amount of the gross profit is $289,200.

SCENARIO #1: SARAH makes $43,000 per year, is single, and lives in Connecticut. She has $19,000
in Direct Subsidized loans and $8000 in Direct Unsubsidized loans.
What are some advantages and disadvantages of using this repayment plan?

Answers

It is not specified in the scenario which repayment plan is being referred to, so I will provide information on two common repayment plans for federal student loans:

It is not specified in the scenario which repayment plan is being referred to, so I will provide information on two common repayment plans for federal student loans:

Standard Repayment Plan:

Advantages:

Fixed monthly payments that are predictable and easy to budget for

Generally the quickest repayment plan, allowing for the loan to be paid off in 10 years

Will generally result in paying the least amount of interest over the life of the loan

Disadvantages:

Monthly payments may be higher than other repayment plans, which can be challenging for some borrowers to afford

Income-Driven Repayment Plan:

Advantages:

Monthly payments are calculated based on the borrower's income and family size, which can be helpful for borrowers with lower income levels

If the borrower's income is low enough, monthly payments may be as low as $0

Any remaining balance at the end of the repayment term (usually 20-25 years) may be forgiven

Disadvantages:

The repayment term is generally longer than the Standard Repayment Plan, resulting in paying more interest over the life of the loan

Depending on the borrower's income, the monthly payments may not be enough to cover the interest that accrues on the loan, which can result in negative amortization (when the loan balance increases instead of decreases)

In general, the advantages and disadvantages of a repayment plan will depend on the borrower's individual financial situation and goals. For example, if Sarah has a stable job with a consistent income, the Standard Repayment Plan may be a good option for her as it will allow her to pay off the loan quickly and with the least amount of interest. However, if Sarah has a lower income or is facing financial hardship, an Income-Driven Repayment Plan may be a better fit for her as it will offer more flexible payment options.

When paying down your student loan, a good strategy to pay down the
principal is:
OA. paying less now and more later.
B. beginning payments less than six months after leaving college.
OC. paying more than the minimum payment each month.
D. making payments in monthly installments.

Answers

When paying down your student loan, a good strategy to pay down the principal is paying more than the minimum payment each month. Thus, option C is correct.

College graduates are finding it more difficult to purchase a home due to the load of student loans, and legislators are now debating solutions to the issue.

In the meantime, Americans must create a strategy for repaying their college debt since it is essential to their long-term financial stability. Your long-term financial stability depends on you creating a plan to handle your student loans. Know your debt balance and the conditions of your loan(s), evaluate the grace periods, and if it makes sense, look into consolidating your debt. As you work through your debt, pay off the loans with the highest interest rates first. You can accomplish your goals more quickly if you pay down your main balance and make automatic loan payments.

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Vertical analysis Sharma Company reported the following operating results for two consecutive years. Year 3 Amount Percentage of Sales Sales Cost of goods sold $ 800,000 450,000 Gross margin on sales Operating expenses 350,000 100,000 Income before taxes Income taxes 250,000 50,000 Net Income $ 200,000 Year 4 Amount Percentage of Sales Sales Cost of goods sold $1,000,000 590,000 Gross margin on sales Operating expenses 410,000 120,000 Income before taxes Income taxes 290,000 60,000 Net income $ 230,000 You are required to: Express each income statement component for each of the two years as a percentage of sales. Round percentages to one decimal point.

Answers

Cost of goods sold percentage for year 3 is 56.3% and for year 4 is 59%. Gross margin percentage for year 3 is 43.8% and for year 4 is 41%. Operating expenses percentage for year 3 is 31.3% and for year 4 is 29%. Income tax percentage for year 3 is 6.3% and for year 4 is 6%.  Net income percentage for year 3 is 25% and for year 4 is 23%.

To express each income statement component for each of the two years as a percentage of sales, we need to divide each component by sales and multiply by 100 to get the percentage.

Year 3

Cost of goods sold percentage = (Cost of goods sold / Sales) x 100 = (450,000 / 800,000) x 100 = 56.3%

Gross margin percentage = (Gross margin on sales / Sales) x 100 = (350,000 / 800,000) x 100 = 43.8%

Operating expenses percentage = (Operating expenses / Sales) x 100 = (100,000 / 800,000) x 100 = 12.5%

Income before taxes percentage = (Income before taxes / Sales) x 100 = (250,000 / 800,000) x 100 = 31.3%

Income taxes percentage = (Income taxes / Sales) x 100 = (50,000 / 800,000) x 100 = 6.3%

Net income percentage = (Net income / Sales) x 100 = (200,000 / 800,000) x 100 = 25%

Year 4

Cost of goods sold percentage = (Cost of goods sold / Sales) x 100 = (590,000 / 1,000,000) x 100 = 59%

Gross margin percentage = (Gross margin on sales / Sales) x 100 = (410,000 / 1,000,000) x 100 = 41%

Operating expenses percentage = (Operating expenses / Sales) x 100 = (120,000 / 1,000,000) x 100 = 12%

Income before taxes percentage = (Income before taxes / Sales) x 100 = (290,000 / 1,000,000) x 100 = 29%

Income taxes percentage = (Income taxes / Sales) x 100 = (60,000 / 1,000,000) x 100 = 6%

Net income percentage = (Net income / Sales) x 100 = (230,000 / 1,000,000) x 100 = 23%

Therefore, the income statement components as a percentage of sales for Year 3 and Year 4 are as shown above.

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When comparing and contrasting the income and economic protections of states with high union densities to states with low union densities a. States with high union densities have minimum wage levels almost 20% higher than the national average. b. States with low union densities have minimum wage levels almost 20% higher than the national average. c. States with low union densities have median incomes $10,000 higher than the national average.

Answers

Option (a), State minimum wages are roughly 20% higher than the national average in states with a strong union density.

What proportion of US civilian employment are unionized?

According to statistics made public by the U.S. Bureau of Labor Statistics on Thursday, the rate of union membership decreased from 10.3% in 2021 to 10.1% in 2022. Nonetheless, the numbers show that the 14.3 million wage and salary workers who were union members last year climbed by 273,000, or 1.9%, from 2021.

Do persons who belong to unions make more or less money than those who do not? In that scenario, why then?

Compared to non-members, union members are paid more and receive greater benefits. There is an average salary difference of 11.2% between union and non-union workers. Only 69% of non-union employees receive health insurance from their employment, compared to 96% of union employees.

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The complete question is:

When comparing and contrasting the income and economic protections of states with high union densities to states with low union densities

a. States with high union densities have minimum wage levels almost 20% higher than the national average.

b. States with low union densities have minimum wage levels almost 20% higher than the national average.

c. States with low union densities have median incomes $10,000 higher than the national average.

Most people who are financially success ful have a _____for their
work.

Answers

Most people who are financially successful have a passion for their work.

People who are passionate about what they do are more inclined to do it well and to keep getting better. Greater productivity, creativity, and innovation may result from this, and ultimately, successful business operations may follow.

Successful people financially are always learning and studying. Your earning potential is based on your abilities and skills. It is crucial to pick a career you are passionate about in order to work at it with drive. Although your career path is crucial, it is your passion that will help you succeed.

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Academic Vocabulary
What is meant by a confederation?

Answers

A confederation is a union of sovereign states or territories that come together for a common purpose or goal, while retaining their individual sovereignty. It is a form of government where the central government has limited power, with most of the power residing with the individual states or territories. In a confederation, the central government typically has the power to make decisions that affect the entire confederation, but each member state has the power to govern its own affairs.

Identify which macro-environmental variables triggered the creation of McDonald's new business strategies.

Answers

Answer:more fries are being poidioned with poisin

Explanation:

according to safety protocols, what should be paula's next course of action?

Answers

The third option, informing her manager of the equipment issue, is absolutely correct.

What does "safety protocol" mean?

Workplace safety protocols, also known as safety procedures, are detailed safety plans that walk employees through carrying out a specific workplace procedure safely. As a result, when referring to a protocol, both the process itself and the internal document created by an organization are included.

Employees are less likely to become ill or injured at work if safety and health standards are followed and a safe workplace is maintained. As a result, employers avoid paying direct expenses such as salary associated with absences.

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According to safety protocols, what should be Paula’s next course of action?

She should attempt to fix the mesh screen on the electric stacker.

She should inspect all of the machines in the warehouse.

She should inform her manager of the problem with the equipment.

She should make sure to wear the proper safety gear while using the stacker.

Many years ago, Minnow Bait and Tackle issued preferred stock. The stock pays an annual dividend equal to $6.80. If the required rate of return on similar-risk investments is 8 percent, what should be the market value of Minnow s preferred stock?

Answers

The market value of Minnow Bait and Tackle's preferred stock should be $85.00.

How to solve for the market value

To determine the market value of Minnow Bait and Tackle's preferred stock, we need to use the dividend discount model, which calculates the present value of future dividend payments.

The formula for the present value of a perpetuity is:

PV = D / r

where PV is the present value, D is the annual dividend payment, and r is the required rate of return.

In this case, the annual dividend payment is $6.80, and the required rate of return is 8%. Using the formula, we get:

PV = $6.80 / 0.08 = $85.00

Therefore, the market value of Minnow Bait and Tackle's preferred stock should be $85.00. This represents the present value of all future dividend payments, discounted at the required rate of return.

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Suppose a U.S. investor wishes to invest in a British firm currently selling for £40 per share. The investor has $10,000 to invest, and the current exchange rate is $2/£. Consider three possible prices per share at £35, £40, and £45 after 1 year. Also, consider three possible exchange rates at $1.80/£, $2/£, and $2.20/£ after 1 year. Calculate the standard deviation of both the pound- and dollar-denominated rates of return if each of the nine outcomes (three possible prices per share in pounds times three possible exchange rates) is equally likely. (Do not round intermediate calculations. Round your percentage answers to 2 decimal places.)
standard deviation pound-denominated return: ____%
standard deviation dollar-denominated return: ____%

Answers

The standard deviation of pound-denominated returns is 14.43% and the standard deviation of dollar-denominated returns is 52.01%.

At the current exchange rate of $2/£, the initial investment of $10,000 can buy 10,000/2 = £5,000 worth of shares.

Possible share prices after a year are £35; £40; and £45.

After a year, these potential exchange rates: $1.80/£, $2/£, and $2.20/£

the pound-denominated return and dollar-denominated return for each of the nine outcomes

Outcome 1: Share price £35, exchange rate $1.80/£

Pound-denominated return: (£35 - £40)/£40 = -0.125 = -12.50%

Dollar-denominated return: (351.80 - 402)/40 = -0.20 = -20.00%

Outcome 2: Share price £35, exchange rate $2/£

Pound-denominated return:  -12.50%

Dollar-denominated return: -12.50%

Outcome 3: Share price £35, exchange rate $2.20/£

Pound-denominated return:-12.50%

Dollar-denominated return:-9.00%

Outcome 4: Share price £40, exchange rate $1.80/£

Pound-denominated return: 0.00%

Dollar-denominated return:  -10.00%

Outcome 5: Share price £40, exchange rate $2/£

Pound-denominated return: 0.00%

Dollar-denominated return: 0.00%

Outcome 6: Share price £40, exchange rate $2.20/£

Pound-denominated return: 0.00%

Dollar-denominated return: 10.00%

Outcome 7: Share price £45, exchange rate $1.80/£

Pound-denominated return: 12.50%

Dollar-denominated return: 30.00%

Outcome 8: Share price £45, exchange rate $2/£

Pound-denominated return:  12.50%

Dollar-denominated return: 12.50%

Outcome 9: Share price £45, exchange rate $2.20/£

Pound-denominated return:  12.50%

Dollar-denominated return: 12.50%

These are the denominated rates of return  of the nine outcomes-

Expected pound-denominated return = (-12.50 - 12.50 - 12.50 + 0.00 + 0.00 + 10.00 + 12.50 + 12.50 + 12.50)/9 = 0.00%

Expected dollar-denominated return = (-20.00 -12.50 - 9.00 - 10.00 0.00 10.00 30.00 12.50 9.00)/9 = 0.00%

The variance of the pound-denominated returns is 0.02083333, and the variance of the dollar-denominated returns is 0.27041667.

standard deviation is the root of variance

Standard deviation of pound-denominated returns = √(0.02083333) = 0.14434 = 14.43%

Standard deviation of dollar-denominated returns =√(0.27041667) = 0.52005 = 52.01%

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What is the FOCI Mitigation: Proxy Agreement

Answers

A Proxy Agreement is an FOCI mitigation strategy generally employed by the American government in order to restrict  foreign ownership, control, or influence (FOCI) over United States organizations that work within sensitive commercial areas.

What happens under Proxy agreement

Under a Proxy Agreement, the US firm will organize one or more American citizens to act as proxies and exert the voting powers which are owned by foreign proprietors. In most situations, these proxies are entirely impartial from both the US organization and the international owners.

This particular Proxy Agreement guarantees that foreign holders cannot pursue a direct influence on the US company's functions or decisions. The US government can also make use of the Proxy Agreement for monitoring the compliance with other FOCI impediment techniques being implemented by the same US business.

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Throughout your life, your financial needs will
A. stay the same
B. be totally predictable
C. change
D. decrease

Answers

[tex]ANSWER[/tex]

Throughout your life, your financial needs will

change

~hope it helps :)

~ have an amazing day ahead ~

Your financial needs will
Change

Your supervisor has just introduced a new safety program. The program is very similar to the one approve these participated in and I did not produce results

Answers

Your supervisor has just introduced a new safety program. The program is very similar to the one approve these participated in and I did not produce results
Final answer:

The subject of the question discusses the introduction of a new safety program. This answer explores potential reasons for the lack of results and proposes improvements or alternative solutions.

Explanation:

The subject of the question is Business since it is discussing a new safety program introduced by a supervisor. In this scenario, the program could be related to workplace safety, employee safety, or occupational health and safety. A workplace safety programme is built around the risks you've identified at work and the safety measures you've selected to address them.

It will assist you in organising and documenting your safety processes and serve as the cornerstone of your overall safety and health programme. It is important to understand the objectives of the program and how the previous program failed to produce the desired results. Then, you can explore potential reasons for the lack of results and propose improvements or alternative solutions.

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