False. The numerator in the formula for equivalent units includes all current period costs (i.e., costs incurred during the current period) for both units completed and ending work in process inventory.
The beginning inventory costs are already accounted for in the cost of goods completed and transferred out during the previous period.
The weighted average costing assumption assumes that the cost of goods produced during the current period is a weighted average of the cost of beginning work in process inventory and the cost added during the current period.
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in north american cities, distant suburbs are often preferred by the affluent and poorer households occupy high-density areas near the city center. thus, the trade-off model accounts for the trade-off between group of answer choices
The trade-off model mentioned in the statement accounts for the trade-off between the cost of housing and the distance from the city center, as well as other factors such as income and lifestyle preferences.
Specifically, the model suggests that households face a trade-off between the cost of housing and the distance from the city center, and they make housing location decisions based on their budget constraints, income levels and preferences.
The model suggests that affluent households can afford to pay more for housing, which allows them to live in more distant suburbs that offer larger homes and more privacy, while poorer households with lower budgets have to occupy high-density areas.
The model also suggests that lifestyle preferences, such as a preference for urban amenities, can affect the trade-off between cost and distance, leading some households to accept higher housing costs to live in or near the city center.
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Menlyn Mowbray owns a fleet of light delivery vehicles (aka bakkie). One of his delivery vehicles with a market value of R170 000, and which had originally cost R190 000 on 1 March 2020 was exactly two years old at that point in time. (The Small Business Development Corporation had valued it at this date to determine the value of his assets and liabilities before granting him a loan. As of 1 March 2020, he has used his light delivery van as follows: § 60% for private purposes § 40% for business purposes at his trading store Menlyn Mowbray’s costs for in relation to this delivery vehicle incurred during the 2020 year of assessment were as follows: Fuel and oil Repairs and maintenance Licence Insurance 31 200 6 000 720 6 00 Additional information: The Commissioner has approved a four-year write off period for the light delivery vehicle.
1.1 Discuss and determine the amounts that resulting from the above transactions that are deductible in the determination of Menlyn Mowbray’s taxable income. (20)
Menlyn Mowbray can claim deductions for the following expenses related to his light delivery vehicle: Total deductible expenses: R62,908 (rounded to the nearest rand)
Depreciation expense: As the Commissioner has approved a four-year write-off period for the vehicle, Menlyn Mowbray can claim depreciation expense for the 2020 year of assessment. The depreciation expense can be calculated as follows:
Cost of vehicle = R190,000
Residual value = R0
Depreciable amount = R190,000 - R0 = R190,000
Depreciation rate = 100% / 4 years = 25%
Depreciation expense = Depreciable amount x Depreciation rate = R47,500
Fuel and oil: Menlyn Mowbray can claim 40% of the fuel and oil expenses incurred during the 2020 year of assessment as a deduction for business purposes. Therefore, the deductible amount would be:
Deductible fuel and oil expenses = R31,200 x 40% = R12,480
Repairs and maintenance: Menlyn Mowbray can claim 40% of the repairs and maintenance expenses incurred during the 2020 year of assessment as a deduction for business purposes. Therefore, the deductible amount would be:
Deductible repairs and maintenance expenses = R6,000 x 40% = R2,400
Licence and insurance: Menlyn Mowbray can claim 40% of the licence and insurance expenses incurred during the 2020 year of assessment as a deduction for business purposes. Therefore, the deductible amount would be: Deductible licence and insurance expenses = (R720 + R600) x 40% = R528
In summary, the deductible expenses for Menlyn Mowbray's light delivery vehicle for the 2020 year of assessment would be:
Depreciation expense: R47,500
Fuel and oil: R12,480
Repairs and maintenance: R2,400
Licence and insurance: R528
Total deductible expenses: R62,908 (rounded to the nearest rand)
It is important to note that the deduction for depreciation expense is subject to the limitation of the annual wear and tear allowance provided for in the Income Tax Act.
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ace, inc. has net earnings of $3.6 billion this year. it has 600 million shares of common stock outstanding and it paid 75 cents per share per quarter this year. which of the following is correct? the retention ratio equals 33.33%. the retention ratio equals 50%. the payout ratio equals 33.33%. the payout ratio equals 66.67%.
The retention ratio equals 50% when Ace, inc. has net earnings of $3.6 billion and it has 600 million shares of common stock and it paid 75 cents per share per quarter this year. Option B is the correct answer
The portion of net income which is retained and reinvested in the company to achieve further expansion and growth is the Retention ratio. We have to find the Retention ratio. to find it we need to find Dividends.
Retention ratio = (Net earnings - Dividends) / Net earnings
Given data:
Net earnings = $3.6 billion
shares of common stock outstanding = 600 million
paid per share per quarter this year = 75 cents
By using the given value we get,
Dividends = 75 x 4 x 600 = $1.8 billion
Retention ratio = (Net earnings - Dividends) / Net earnings
= (3.6 billion - 1.8 billion) / 3.6 billion
= 0.5
= 50%
Therefore, the retention ratio is equal to 50%.
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a manufacturer offers its intermediaries an extra benefit for performing specific acts or functions. this is an example of the use of power.
The scenario presented in the question is an example of the use of reward power. Reward power is the ability to offer incentives or rewards to encourage certain behaviors or actions. In this case, the manufacturer is offering intermediaries an extra benefit for performing specific acts or functions, which serves as a motivator for the intermediaries to continue working with the manufacturer and promote their products.
By using reward power, the manufacturer can influence the behavior of intermediaries and achieve its desired outcomes. It can also build stronger relationships with intermediaries, increasing their loyalty and commitment to the manufacturer's brand.
However, it's important for the manufacturer to use reward power ethically and responsibly, ensuring that the incentives offered are fair and equitable. If the rewards are perceived as unfair or unjust, it could lead to negative consequences, such as reduced motivation or even resentment towards the manufacturer.
In summary, the use of reward power can be an effective way for manufacturers to incentivize intermediaries and achieve their business objectives, but it should be used with caution and transparency.
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1. What are some of the reasons that staff may be resistant to or even fearful of evaluation?
2. How could evaluation be made non-threatening or even valued for workers in human service agencies?
3. What is the administration’s role in evaluations?
4. Think of the agency where you currently work, or the one in which you wrote about earlier in the module, when answering the following questions:
How effective is the agency's planning and program design in responding to the needs of the social problems/customer it was intended to address or provide services too?
Does the agency have effective human resources and supervision practices to ensure success to meet the agency's goals?
What are the administrative roles in the agency and how does this affect staff, clients, and the human service agency environment?
Does the agency formally evaluate itself?
The administrative roles in the agency are clearly defined and structured, and this helps to create a positive and supportive environment for staff, clients, and stakeholders. The agency formally evaluates itself on a regular basis to ensure continuous improvement and quality assurance.
1. Staff may be resistant to evaluation for various reasons, such as fear of being judged or criticized, lack of trust in the evaluation process or evaluator, fear of negative consequences such as job loss or reduced pay, or feeling that the evaluation does not accurately reflect their work or contributions.
2. Evaluation could be made non-threatening or even valued for workers in human service agencies by involving them in the evaluation process, providing regular feedback and support, using a collaborative approach, emphasizing the benefits and importance of evaluation for professional growth and development, and ensuring confidentiality and fairness in the evaluation process.
3. The administration's role in evaluations is to ensure that they are conducted in a fair, consistent, and transparent manner, to provide resources and support for evaluation activities, to use evaluation results to inform decision-making and improve services, and to communicate the value of evaluation to staff and stakeholders.
4. In terms of the agency where I currently work, the planning and program design appears to be effective in responding to the needs of the social problems/customers it was intended to address or provide services to. The agency also has effective human resources and supervision practices to ensure success in meeting its goals.
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peru has exports of $31.5 million and imports of $30 million. peru
Peru has exports of $31.5 million and imports of $30 million. In this scenario, Peru's trade balance can be calculated by subtracting the value of imports from the value of exports. This would give Peru a positive trade balance, indicating that the country exports more goods and services than it imports.
A positive trade balance can be beneficial for Peru's economy, as it may lead to increased production, job creation, and overall economic growth. Exporting goods and services allows Peru to participate in international trade, diversify its economy, and generate foreign exchange earnings. These earnings can then be used to invest in domestic infrastructure and development projects, further promoting economic growth.
On the other hand, imports can also be essential for a country like Peru, as they provide access to resources, technologies, and consumer goods that may not be available domestically. Imports can contribute to a higher standard of living and foster innovation, as well as stimulate competition and efficiency within the domestic market.
In summary, with exports valued at $31.5 million and imports valued at $30 million, Peru has a positive trade balance that can contribute to economic growth and development. However, it is crucial for Peru to maintain a balance between exporting goods and services and importing necessary resources, technologies, and consumer goods to ensure a sustainable and prosperous economy.
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claudia construction enters into a contract with a customer to build a bar for $850,000 on january 30, 2019 with a performance bonus of $50,000 if the building is completed by july 31, 2019. the bonus is reduced by $10,000 each week that completion is delayed. claudia commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: completed by probability july 31, 2019 55% august 7, 2019 15% august 14, 2019 10% august 28, 2019 20% the transaction price for this transaction is a. $890,500 b. $888,500 c. $900,000 d. $850,000
The transaction price for the contract is $890,500. The correct option is (a). To determine this, we need to calculate the expected amount of the performance bonus based on the probabilities provided.
First, we calculate the expected completion date by multiplying the probability of each completion date by the corresponding date and adding up the results.
Expected completion date = (0.55 x July 31, 2019) + (0.15 x August 7, 2019) + (0.10 x August 14, 2019) + (0.20 x August 28, 2019) = August 5, 2019
Next, we calculate the expected bonus amount by subtracting $10,000 for each week that the expected completion date exceeds July 31, 2019.
Expected bonus amount = $50,000 - ($10,000 x number of weeks past July 31, 2019) = $20,000
Finally, we add the expected bonus amount to the contract price to get the transaction price.
Transaction price = $850,000 + $20,000 = $890,500
Therefore, the answer is option A, $890,500.
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Sarah's Machine Tools uses a predetermined factory overhead rate based on machine hours. For March, Sarah's budgeted overhead was $825,000 based on a budgeted volume of 35,000 machine hours. The actual machine hours used totaled 33, 800 and the I March manufacturing overhead was under applied by $7536, what was the actual overhead incurred for March? (Round your final answer to the nearest $1.00.)
To calculate the actual overhead incurred for March, we need to first find the predetermined factory overhead rate per machine hour.
Predetermined factory overhead rate = Budgeted overhead / Budgeted machine hours
Predetermined factory overhead rate = $825,000 / 35,000 machine hours
Predetermined factory overhead rate = $23.57 per machine hour
Next, we can use the predetermined factory overhead rate to calculate the overhead that should have been applied based on the actual machine hours used:
Applied overhead = Actual machine hours used x Predetermined factory overhead rate
Applied overhead = 33,800 machine hours x $23.57 per machine hour
Applied overhead = $797,146
However, we know from the problem that the actual overhead incurred was under applied by $7,536. So we can calculate the actual overhead incurred by adding the under applied amount to the applied overhead:
Actual overhead incurred = Applied overhead + Under applied overhead
Actual overhead incurred = $797,146 + $7,536
Actual overhead incurred = $804,682
Therefore, the actual overhead incurred for March was $804,682.
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Labor relations play an important role in shaping the strategies and operations of businesses. Employers (management) and labor (employees) must find goals that bind them together if they want to improve their competitiveness. Effective labor relations systems provide processes and procedures that help minimize conflict and benefit management, employees, and society. Unions provide employees with a collective voice and with a union contract as a governance system. Unions represent their members' interests and resolve conflicts with employers. The first step in understanding labor relations is to recognize that there are different types of unions as well as different types of union officials. An important part of labor relations involves negotiating and enforcing a contract, which specifies employment conditions such as wages, benefits, and working conditions. Contract negotiations take place at both the national and local levels. Some unions represent employees only within a specific occupation, whereas others are more industry es aimpmanaemranzetngre Read the terms. Roll over each one to reveal its description. Drag and drop each term into its correct group. Positive relationship Work rules Craft Uniorn Industrial Union Union Steward oy Represents employees representative Organized within skill based membership management interaction Represents employees Positive relationship Steelworkers negotiations Steelworkers Organized across skill Business representative Training Work rules negotiations membership across skill Organized within skill Reset management interaction
Labor relations involve finding common goals between employers and employees, negotiating contracts, and resolving conflicts with the help of unions and union officials.
Effective labor relations are crucial for the success of a business as it helps to minimize conflicts between management and employees, which in turn benefits the entire society.
Unions provide employees with a collective voice and a governance system to negotiate and enforce contracts. There are different types of unions, such as craft unions, industrial unions, and union stewards, which represent employees across different occupations and industries.
Contract negotiations take place at both national and local levels, and involve setting employment conditions such as wages, benefits, and work rules. A positive relationship between management and employees is essential for successful labor relations, and training can be provided to improve this interaction.
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The manager of an investment center is responsible for A. decisions regarding costs. B. decisions regarding revenues. C. decisions to invest in assets. D. all of these.
The manager of an investment center is responsible for decisions related to costs, revenues, and investment in assets. Therefore, the correct alternative is option D.
Unlike a profit center, which focuses solely on generating profits, an investment center also considers the return on invested assets. Therefore, the manager of an investment center must ensure that the assets are being invested in a way that maximizes returns and minimizes costs.
They must also make decisions about how to generate revenue while considering the impact on assets and investments. In addition, they must evaluate and analyze financial information to determine the effectiveness of their investment decisions and make adjustments as needed.
Overall, the manager of an investment center has a complex set of responsibilities that require financial expertise, strategic thinking, and the ability to balance multiple priorities to achieve the best possible results for the organization.
In conclusion, the correct alternative is option D. all of these.
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In 2015, a letter to a Canadian national newspaper argued that "the economy of this once wonderful country is in the sewer and the politicians keep on tinkering, not knowing how to fix it." The letter proposed a 20-percent depreciation of the Canadian dollar and argued that the immediate effects would be (among other things) o a dramatic rise in exports o a dramatic fall in imports o a large net inflow of new foreign investment. a. What could the Bank of Canada do to generate a 20-percent depreciation of the Canadian dollar? The Bank of Canada would have to A. lower the pattern of Canadian inflation relative to average world inflation. B. enter the foreign-exchange market and sell amounts of foreign exchange determined by market. C. enter the foreign-exchange market and continue to buy massive amounts of foreign exchange. D. make no transactions adjusting the exchange rate to clear the foreign-exchange market.
The Bank of Canada would have to enter the foreign-exchange market and sell amounts of foreign exchange determined by the market. Therefore, option B is correct.
To generate a 20 percent depreciation of the Canadian dollar, the Bank of Canada could enter the foreign-exchange market and sell amounts of foreign exchange determined by the market (option B). This would increase the supply of Canadian dollars in the market and decrease its demand, leading to a lower exchange rate for the Canadian dollar.
However, it is important to note that such a move would have both positive and negative effects on the Canadian economy. On the positive side, a lower exchange rate would make Canadian exports more competitive in the global market, leading to a rise in exports and a net inflow of new foreign investment.
On the negative side, a lower exchange rate would make imports more expensive, leading to a rise in the cost of living for Canadian citizens. Additionally, such a move could also lead to higher inflation, which would require the Bank of Canada to raise interest rates to maintain price stability.
In summary, the Bank of Canada could generate a 20 percent depreciation of the Canadian dollar by entering the foreign exchange market and selling amounts of foreign exchange determined by the market.
However, such a move would have both positive and negative effects on the Canadian economy, which the Bank of Canada would need to carefully consider before taking any action.
So, option B. is the correct option.
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suppose you set up a business through which you tutor students on campus. would you be a price-taker or a price-maker?
It depends on the demand for your tutoring services and the competition in the market.
If there are many other tutors offering similar services, then you would likely be a price-taker, meaning you would have to price your services competitively with others in order to attract students.
However, if there is a high demand for your specific expertise and there are not many other tutors offering the same services, you could potentially be a price-maker and charge a higher rate for your services. Ultimately, it comes down to understanding the market and finding the right balance between pricing competitively and maximizing your profits.
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No word limit but please answer in detail
Copied work -5%
Assignments sent to my email -5%
1. Explain what the promotional mix is?
2.Why is selecting your budget important to advertising and promotion?
1. The promotional mix refers to the various tools and techniques that companies use to promote and advertise their products or services. There are several elements of the promotional mix, including advertising, personal selling, sales promotion, direct marketing, and public relations. Each of these elements serves a different purpose in the promotion process and can be used in different ways to achieve specific objectives.
Advertising involves the use of mass media channels like television, radio, print, and digital media to reach a wide audience and build awareness of a brand or product. Personal selling, on the other hand, involves direct communication between a salesperson and a potential customer, with the goal of building relationships and closing sales. Sales promotion techniques like coupons, discounts, and contests are used to incentivize customers to try a product or service, while direct marketing involves targeted messaging to specific customer segments through email, direct mail, or social media. Finally, public relations efforts focus on building positive relationships with the media and other stakeholders to enhance a company's reputation and promote its products or services.
2. Selecting a budget is crucial to advertising and promotion because it helps companies determine how much they can afford to spend on their promotional efforts. Advertising and promotion can be expensive, and without a clear budget, it can be difficult to know how much to invest in each element of the promotional mix. By establishing a budget, companies can prioritize their promotional activities and ensure that they are allocating their resources effectively.
Moreover, having a budget helps companies to track the ROI of their promotional efforts. They can measure the impact of their advertising and promotional campaigns by comparing the cost of the campaign to the results it generates in terms of increased sales or customer engagement. Without a budget, it can be difficult to determine whether a promotional campaign was successful or not.
In conclusion, selecting a budget is an essential aspect of advertising and promotion. It helps companies allocate their resources effectively, prioritize their promotional activities, and track the ROI of their campaigns. By carefully selecting their budget, companies can develop effective promotional strategies that drive growth and build brand awareness.
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checking deposits generally have a _____return on investment than do certificates of deposit because checking deposits are________liquid.
Answer:
your answer
Explanation:
lower return and more liquid
Checking deposits generally have a lower return on investment than do certificates of deposit because checking deposits are more liquid. When you deposit money into a checking account, you are essentially loaning your money to the bank, which can then use those funds to lend to other customers or invest in various financial products.
In exchange for the use of your money, the bank may pay you a small amount of interest on the balance of your account. On the other hand, certificates of deposit (CDs) are financial products that require you to deposit a specific amount of money for a fixed period of time, ranging from a few months to several years. In exchange for agreeing to keep your money in the CD for that period of time, the bank will typically offer a higher interest rate than what you would receive on a checking account. However, the tradeoff is that you cannot withdraw your money from the CD without paying a penalty fee until the end of the CD term.
The reason why checking deposits are generally more liquid than CDs is because they are designed to be used for day-to-day expenses and transactions, such as paying bills or withdrawing cash from an ATM. CDs, on the other hand, are intended for long-term savings and should only be used if you are comfortable locking up your funds for a certain period of time. Overall, both checking deposits and certificates of deposit have their own advantages and disadvantages, and the best choice for you will depend on your individual financial goals and needs.
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do you think that the hybrid disclosure works better than immediate public or full vendor disclosure?
I believe that hybrid disclosure can be more effective than immediate public or full vendor disclosure in certain situations. Hybrid disclosure strikes a balance between the need for public awareness and allowing vendors sufficient time to develop and release patches.
Immediate public disclosure involves revealing security vulnerabilities as soon as they are discovered. While this can promote transparency and prompt action, it also exposes users to potential threats, as attackers can exploit the revealed vulnerabilities before patches are available.
Full vendor disclosure, on the other hand, involves privately notifying the vendor and allowing them time to fix the vulnerability before any public announcement. This approach can protect users from attacks, but it may not provide sufficient incentive for the vendor to act quickly, leading to delays in fixing the issue.
Hybrid disclosure combines the best aspects of both approaches. It typically involves initially informing the vendor privately, providing them with a reasonable deadline to fix the vulnerability. If the vendor fails to address the issue within the specified time frame, the vulnerability is then publicly disclosed, increasing the pressure on the vendor to resolve the problem.
In summary, hybrid disclosure can be a more effective method as it balances the need for public awareness with the need for vendor cooperation in developing and releasing patches. By setting a deadline for vendors to fix vulnerabilities, hybrid disclosure encourages timely action while reducing the risk of attackers exploiting known security flaws.
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a marketing executive needs to see a visual representation of a campaign performance in ads manager. in which tab can this representation be found? customize columns breakdowns charts events manager
A marketing executive can find a visual representation of a campaign performance in Ads Manager by navigating to the Charts tab.
This tab provides various graphical illustrations that help assess the efficiency and success of advertising campaigns. Here's a step-by-step explanation:
1. Log in to your Ads Manager account.
2. Select the specific campaign for which you want to view the performance.
3. Locate and click on the Charts tab. This is where you'll find different types of visual representations such as line charts, bar charts, and pie charts, displaying various performance metrics.
4. Customize the charts by using the Customize Columns option to include specific data points relevant to your campaign analysis.
5. Use the Breakdowns feature to segment your data based on factors such as age, gender, or location, allowing for a deeper understanding of your campaign performance across different demographics.
By utilizing the Charts tab along with Customize Columns and Breakdowns, a marketing executive can efficiently analyze the performance of their campaign and make data-driven decisions. Keep in mind that the Events Manager is a separate tool for tracking and managing custom events within your campaigns, and it does not provide the visual representation you're looking for in this case.
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How does diminishing marginal utility relate to utility. Discuss the concept of consumer surplus and producer surplus. Provide at least two examples of purchases where you earned consumer surplus and how much surplus you received.
Diminishing marginal utility refers to the idea that the more of a good or service that a person consumes, the less utility they derive from each additional unit consumed.
This concept is important in understanding how consumers make choices and how they allocate their limited resources among different goods and services.
Utility is the measure of satisfaction that a consumer derives from consuming a good or service. The concept of diminishing marginal utility means that as a consumer consumes more of a good or service, the additional utility derived from each additional unit consumed decreases.
Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good or service and the actual price that they pay. Producer surplus, on the other hand, is the difference between the minimum price that a producer is willing to accept for a good or service and the actual price that they receive.
For example, if a consumer is willing to pay $10 for a cup of coffee, but the actual price they pay is $5, then their consumer surplus is $5. The same applies to producer surplus; if a producer is willing to sell a cup of coffee for $2, but the actual price they receive is $5, then their producer surplus is $3.
Two examples of purchases where I earned consumer surplus are:
I once purchased a flight ticket for $200 that I was willing to pay up to $300 for. This gave me a consumer surplus of $100.
I bought a new phone for $600 that I was willing to pay up to $800 for. This gave me a consumer surplus of $200.
In both cases, I benefited from consumer surplus by paying less than what I was willing to pay for the respective goods.
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Use the following information to calculate the cost of goods sold for the period: Beginning Finished Goods Inventory Ending Finished Goods Inventory Cost of Goods Manufactured $ 37,500 36,000 144,800 Multiple Choice $143,300. O $182,300. $218,300. a $146,300. $144,800. Andrews Corporation uses the weighted average method of process costing. The following information is available for February in its Polishing Department: Equivalent units of production–direct materials Equivalent units of production-conversion Costs in beginning Work in Process-direct materials Costs in beginning Work in Process-conversion Costs incurred in February-direct materials Costs incurred in February-conversion 128,000 EUP 110,600 EUP $ 64,200 $ 47,200 $542,900 $682,000 The cost per equivalent unit of production for conversion is: Multiple Choice $5.49 O $6.59 O O $11.08 O O $5.70 $6.17
The cost of goods is $143,300. Therefore, the correct answer is $6.17.
Cost of Goods Sold = Beginning Finished Goods Inventory + Cost of Goods Manufactured - Ending Finished Goods Inventory
Cost of Goods Sold = $37,500 + $144,800 - $36,000
Cost of Goods Sold = $146,300
Therefore, the correct answer is $146,300.
Total costs incurred for conversion = Costs in beginning WIP + Costs incurred in February = $47,200 + $682,000 = $729,200
Equivalent units of production for conversion = 110,600
Cost per equivalent unit of production for conversion = Total costs incurred for conversion / Equivalent units of production for conversion
Cost per equivalent unit of production for conversion = $729,200 / 110,600
Cost per equivalent unit of production for conversion = $6.17
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(Table) If the toy-making firm in the table faces a market price of $20 in the short run it should:
a) produce 76 toys.
b) produce 96 toys.
c) shut down.
d) produce 40 toys
The toy-making firm in the table should be shut down when it faces a market price of $20 in the short run. Option C is correct.
A production planning period where at least one input remains fixed while the rest are subject to change is referred to as the Short run. When a business wants to achieve the target within a short duration due to the sudden or seasonal demand for a specific product then the Short run works.
An example of a short run is when a company ABC, which can produce 10 cars in a day and looks to produce more cars (15 cars per day) by using the available infrastructure due to increased demand during the season is said to be a short run. Examples of short-run costs are
Raw materials prices for raw materials.Rent for land or buildings.Wages and salaries for labor.Interest and dividends for the use of financial capital (loans and equity investments)To learn more about the short run:
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demonstration problem the following t accounts summarize the flow of manufacturing costs during the current year through the ledger accounts of marsdon manufacturing company:
Based on the provided information, the demonstration problem involves analyzing the flow of manufacturing costs through the ledger accounts of Marsdon Manufacturing Company during the current year. The T accounts in question summarize these costs, which may include direct materials, direct labor, and manufacturing overhead.
In this context, direct materials refer to raw materials that are directly attributable to the finished product. Direct labor involves the wages paid to employees who work directly on the manufacturing process. Manufacturing overhead encompasses indirect costs, such as utilities, equipment maintenance, and factory management salaries.
To analyze the T accounts, one should identify the debit and credit entries related to these manufacturing costs, noting how they impact the company's ledger accounts. The goal is to determine the total manufacturing cost for the current year and how it affects Marsdon Manufacturing Company's financial performance.
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the use of leverage:_____.
decreases both the asset and the equity betas. increases the equity beta but does not affect the asset beta. decreases the equity beta and increases the asset beta. decreases the equity beta but does not affect the asset beta. increases both the asset and the equity betas.
The use of leverage refers to borrowing money to invest in assets. This can have an impact on the asset and equity betas of a company.
Beta is a measure of a stock's volatility in relation to the market. When a company uses leverage, it increases the financial risk it takes on. This increased risk typically results in an increase in the equity beta of the company. However, because the borrowed funds are invested in assets, the asset beta is also affected.
The use of leverage can decrease the equity beta and increase the asset beta. It is important for investors to consider the impact of leverage on a company's betas when making investment decisions.
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On january 1, 2019, whittle, inc. purchased timber rights for $2,000,000 which is expected to produce a total of 2,000,000 cords of wood over 4 years, after which it will be sold for $500,000. the cords of wood cut were 200,000 in 2019. the effect of recording the 2019 depletion (not the sale of the wood) on the accounting equation is:
Whittle, Inc. paid $2,000,000 for timber rights on January 1 with the intention of producing 2,000,000 cords of wood over the following 4 years. The rights will be auctioned for $500,000 after this time period.
Cost of timber rights minus residual value equals depletion expense per cord / total cords of wood.
Depletion expense per cord is calculated as follows: ($2,000,000 - $500,000) / 2,000,000 = 1,500,000 / 2,000,000 = $0.75
Cost of depletion in 2019 = Cost of depletion per cord * Cords of wood harvested in 2019
Depletion costs in 2019 equal $0.75 times 200,000, or $150,000.
In accounting, the formula is: Liabilities + Equity equals Assets
Due to the depletion expense, recording the 2019 depletion has the impact of reducing the value of the timber rights asset by $150,000 and the equity (more particularly, retained earnings) by the same amount.
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the inflation rates in the u.s. economy for 2009 through 2012 are 2.7%, 1.5%, 3.0%, and 1.7%, respectively. what was the purchasing power of a dollar at the beginning of 2013 compared to that at the beginning of 2009?
At the beginning of 2013, the purchasing power of a dollar was $0.9278 compared to that at the beginning of 2009.
How to calculate purchasing PowerThe purchasing power of a dollar at the beginning of 2013 compared to that at the beginning of 2009 can be calculated by considering the cumulative effect of inflation rates from 2009 through 2012.
The formula for this calculation is:
Purchasing Power = Initial Value / (1 + Inflation Rate)ⁿ Where
n is the number of years.
For 2009 through 2012, the inflation rates are 2.7%, 1.5%, 3.0%, and 1.7%, respectively.
To calculate the cumulative effect, we will apply the formula:
Purchasing Power = $1 / ((1 + 0.027) * (1 + 0.015) * (1 + 0.03) * (1 + 0.017))
Purchasing Power = $1 / (1.027 * 1.015 * 1.03 * 1.017)
Purchasing Power = $0.9278 (rounded to four decimal places)
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Nathville Laundry reported assets of $800 and equity of $480. What is Nathville's debt ration?
Nathville Laundry's debt ratio is 0.4.
The debt ratio is a financial metric that measures the proportion of a company's total assets that are financed by its creditors. To calculate the debt ratio, you divide the company's total debt by its total assets. In this case, since the company's equity is given and not its debt, we can calculate its debt as follows:
Total Assets = Equity + Total Debt
Total Debt = Total Assets - Equity
Plugging in the given numbers, we get:
Total Debt = $800 - $480 = $320
So, Nathville Laundry's debt ratio is:
Debt Ratio = Total Debt / Total Assets = $320 / $800 = 0.4
Therefore, Nathville Laundry's debt ratio is 0.4, which means that 40% of its assets are financed by debt.
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artworks that give identity to the human experience are relatively modern and isolated to a few cultures.
This statement "artworks that give identity to the human experience are relatively modern and isolated to a few cultures." is not entirely accurate.
Artworks that reflect the human experience have been created across various cultures and throughout history.
Ancient civilizations such as the Greeks and Egyptians created art that depicted their religious beliefs and societal values. Similarly, indigenous cultures around the world have a rich history of creating art that reflects their cultural identity and experiences.
Furthermore, modern and contemporary art also explores themes of identity and the human experience, and can be found in various cultures around the world.
While certain cultures may have a more visible or celebrated tradition of creating art that reflects their identity, it is not accurate to say that it is isolated to a few cultures or is a modern phenomenon.
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How did the stock market penalize Unilever between the 2009 and2014?
Between 2009 and 2014, Unilever, a multinational consumer goods company, faced several challenges that led to the stock market penalizing the company. One of the main issues was the economic recession that hit several countries, leading to decreased demand for consumer goods, which negatively affected Unilever's sales and revenue.
Additionally, the company faced increased competition from other companies in the industry, leading to market share loss and decreased profitability.
Furthermore, Unilever faced challenges with its brand image, as some of its products were found to contain harmful ingredients, leading to negative publicity and decreased consumer trust. Additionally, the company faced increased costs due to rising commodity prices, which further affected its profitability.
As a result of these challenges, Unilever's stock price suffered, and the market penalized the company by lowering its stock value. However, the company implemented several strategies to address these challenges, such as increasing investments in research and development, launching new products, and improving the quality of its existing products, leading to a rebound in its stock price and improved financial performance in the following years.
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master budget schedules blank . multiple select question. answer several key questions for a company are based on estimates and assumptions may be prepared in any order. a. true b. false
The statement "master budget schedules may be prepared in any order, are based on estimates and assumptions, and answer several key questions for a company" is true (a).
A master budget is a comprehensive financial planning document that includes several individual budgets (such as sales, production, and expenses) and projections for a specific period.
While creating a master budget, estimates and assumptions are made to forecast revenues, costs, and operational activities.
It is not necessary to prepare these schedules in a particular order, as long as they eventually integrate and create a cohesive plan. The master budget helps management to make informed decisions and evaluate the company's overall financial performance.
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suppose the price of a good in a market with three customers is $200. the first customer is willing to pay $200. the second customer is willing to pay $205. the total consumer surplus in the market is $15. how much is the third customer willing to pay? please choose the correct answer from the following choices, and then select the submit answer button. answer choices $195 $215 $210 $220
The third customer is willing to pay c) $210.
Consumer surplus is the difference between what a consumer is willing to pay for a good and the actual price they pay. In this case, the first customer is willing to pay the exact price of $200, so their consumer surplus is zero. The second customer is willing to pay $205, which means their consumer surplus is $5 ($205 - $200).
To calculate the third customer's willingness to pay, we need to subtract the total consumer surplus from the sum of what the first two customers are willing to pay.
$200 + $205 = $405
$405 - $15 = $390
Therefore, the third customer is willing to pay $390 - which is divided equally among three customers - $130. So, the third customer is willing to pay $200 + $5 + $130 = c) $210.
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A creditor purchased an individual debtors $5000interest bearing note from third party as an investment at a cost of $4000 in 1996. Several years later debtors pays off the principal of the note using general motors stock which debtors purchased several years ago at a cost of $2000 which is now worth $5000. What are the tax consequences to creditor and debtor?
Creditor's and debtor's tax consequences: report on short-term or long-term capital gains.
Creditor's tax consequences:
1. Calculate the capital gain: The creditor purchased the note for $4,000 and received $5,000 worth of General Motors stock in repayment. The capital gain is $5,000 - $4,000 = $1,000.
2. Report the capital gain: The creditor must report this $1,000 capital gain on their tax return. Depending on how long they held the note, this gain will be classified as either a short-term or long-term capital gain, which will affect the tax rate applied to it.
Debtor's tax consequences:
1. Calculate the capital gain: The debtor purchased the General Motors stock for $2,000 and used it to pay off the note when it was worth $5,000. The capital gain is $5,000 - $2,000 = $3,000.
2. Report the capital gain: The debtor must report this $3,000 capital gain on their tax return. Similar to the creditor, this gain will be classified as either a short-term or long-term capital gain, which will affect the tax rate applied to it.
Both creditor and debtor should consult with a tax professional to ensure accurate reporting and compliance with tax regulations.
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true or false: net working capital is a measure of a firm's ability to pay its bills within a year. true false question. true false
Answer: False
Explanation: Working capital measures the short-term financial need of a company.