A television assembly plant has a variable production output ranging from 200 sets to 850 sets a day. The building for both manufacturing and warehousing has an area of 80,000 square feet and is leased from a real estate firm at an annual rate of $7.95 per square foot. It employs 250 people and their wage cost is, in large part, a function of the number of televisions produced. Most of the components that go into the assembly are also produced in the plant with in-house equipment that is operated based on production requirements. The most likely example of fixed cost in this plant is ______________.

Answers

Answer 1

Answer:

Annual rental rate

$636,000

Explanation:

Fixed cost is cost that does not vary with output. An example of fixed cost is rent

The annual rental rate is a fixed cost because it does not vary with output.

Variable cost is cost that varies with output. If output is zero, no variable cost would be incurred. An example of variable cost is wages

The wages paid to labour is a variable cost


Related Questions

From the list below, choose the items that are classified as a materials activity(You may select more than one answer.
1. Raw materials used
2. Raw materials beginning inventory
3. Raw materials purchases
4. Work in process beginning inventory
5. Goods manufactured
6. Direct labor used
7. Factor overhead used

Answers

Answer:

youuurrr mooomm

Explanation:

:D

Two different manufacturing processes are being considered for making a new product. The first process is less​ capital-intensive, with fixed costs of only per year and variable costs of per unit. The second process has fixed costs of but variable costs of only per unit.
What is the break-even quantity, beyond which the second process becomes more attractive than the first?
the volume at which the second process becomes more attractive is ..... units

Answers

Answer:

Hello your question is incomplete below is the complete question

Two different manufacturing processes are being considered for making a new product. The first process is less capital-intensive, with fixed costs of only $49,700 per year and variable costs of $740 per unit. The second process has fixed costs of $391,000 but variable costs of only $160 per unit. a. What is the break-even quantity, beyond which the second process becomes more attractive than the first? the volume at which the second process becomes more attractive is ..... units

answer :  At ≥ 589 units the second process becomes more attractive

Explanation:

A) Determine the breakeven quantity that makes the second process more attractive

the second process has a higher fixed cost of $391000

x = volume of sales that makes process 1 as profitable as process 2

sales = fixed cost + Total variable cost

profit = (( selling price ) * X ) - (variable cost * X ) - fixed cost

Assuming the profit made from process 1 = process 2

((selling price * X ) - ( variable cost of process 1 * X ) - fixed cost of process 1 =((selling price * X ) - ( variable cost of process 2 * X ) - fixed cost of process 2

hence ;

x = ( fixed cost of process 2 - fixed cost of process 1  ) / ((variable cost of process 1) - (variable cost of process 2 ))

   = ( 391000 - 49700 ) / ( 740 - 160 )

   = 588.44 units ≈ 588 units ( both process will yield same profitability

At ≥ 589 units the second process becomes more attractive

19) Which of the following best describes horizontal analysis? A) calculating key ratios to evaluate performance B) comparing a company's financial statements with other companies C) comparing financial statement amounts from year to year for the same company D) expressing each financial statement amount as a percentage of a budgeted amount

Answers

Answer:

C) comparing financial statement amounts from year to year for the same company

Explanation:

Horizontal analysis refers to an analysis of the items in the financial statements that should be compared for a period of time. It basically used to see the situation of the trends how it goes whether it is increase or decrease. For using this, the two or more periods financial statements are required

Therefore according to the given options, the option c is correct

Sheila Williams, a medical secretary, earns $2,437 monthly for a 34-hour week. For overtime work, she receives extra pay at the regular hourly rate up to 40 hours and time and one-half beyond 40 hours in any week. During one semimonthly pay period, Williams worked 10 hours overtime. Only 2 hours of this overtime were beyond 40 hours in any one week. Compute the following amounts:

a. The regular semimonthly earnings
b. The overtime earnings
c. The total earnings

Answers

Answer:

a. The regular semimonthly earnings

regular semimonthly earnings = [34 hours + 34 hours + (10 hours - 2 hours)] x [$2,437 / (34 hours x 4)] = 76 hours x $17.92/hr = $1,361.85

b. The overtime earnings

overtime earnings = 2 hours x [$2,437 / (34 hours x 4)] x 1.5 = $53.76

c. The total earnings

total earnings = $1,361.85 (regular earnings) + $53.76 (overtime earnings) = $1,415.61

Based on the statement, explain FIVE (5) reasons why customer relationship is important for business
success.

Answers

Answer:

is this your homework?? xD

Explanation:

anyway its because it helps businesses build a relationship with their customers that, in turn, creates loyalty and customer retention. Since customer loyalty and revenue are both qualities that affect a company's revenue, CRM is a management strategy that results in increased profits for a business.

A limit buy order is an order to buy if the stock price goes ___ a specified level; a stop buy is an order to buy if the stock price goes ___ a specified level; a limit sell is an order to sell if the stock price goes ___ a specified level; a stop loss is an order to sell if the stock price goes ___ a specified level.

Answers

Answer:

YES

Explanation:

Bruno's is analyzing two machines to determine which one it should purchase. The company requires a rate of return of 14.6 percent and uses straight-line depreciation to a zero book value over a machine's life. Ignore bonus depreciation and taxes. Machine A has a cost of $318,000, annual operating costs of $8,700, and a life of 3 years. Machine B costs $247,000, has annual operating costs of $9,300, and a life of 2 years. Whichever machine is purchased will be replaced at the end of its useful life. Which machine should Bruno's purchase and why

Answers

Answer:

Machine A; because it will save the company about $13,406 a year

Explanation:

The computation is shown below:

Equate Annual Cost = PV of Cash Outflow ÷  PVAF (r%, n)

For Machine A:

Year            CF          PVF  at 14.6%           Disc CF

0            $3,18,000.00    1.0000                 $3,18,000.00

1              $ 8,700.00   0.8726                 $7,591.62

2             $8,700.00   0.7614               $6,624.45

3 $      8,700.00           0.6644 $      5,780.50

PV of Cash Outflow                               $3,37,996.58

PVAF(14.6%,3)                                          2.2985

PV of Cash Outflow                            $1,47,053.69

For Machine B:

Year             CF                PVF at 14.6%                  Disc CF

0              $2,47,000.00       1.0000                    $2,47,000.00

1                $9,300.00       0.8726                        $8,115.18

2               $9,300.00       0.7614                        $7,081.31

PV of Cash Outflow                                          $2,62,196.49

PVAF(14.6%,2)              1.6340

PV of Cash Outflow     $1,60,459.86

So the machine cost would be purchased as it lower the cost by $13,406.17

A firm must choose between two investment alternatives, each costing $105,000. The first alternative generates $35,000 a year for four years. The second pays one large lump sum of $152,500 at the end of the fourth year. If the firm can raise the required funds to make the investment at an annual cost of 9 percent, what are the present values of two investment alternatives

Answers

Answer:

Present Value of first option:

= -105,000 + 35,000/ (1 + 9%) + 35,000/(1 + 9%)² + 35,000/(1 + 9%)³ + 35,000/(1 + 9%)⁴

= -105,000 + 113,390.19

= $8,390.20

Present Value of second option:

= -105,000 + 152,500/ (1 + 9%)⁴

= -105,000 + 108,034.84

= $3,034.84

Online recommendation engines typically are based on

Answers

Answer:

An online recommendation engine is a set of software algorithms that uses past user data and similar content data to make recommendations for a specific user profile. An online recommendation engine is a set of search engines that uses competitive filtering to determine what content multiple similar users might like.

Explanation:

Urshela Company paid four months insurance on October 1, 2017 for $13,200. Urshela originally recorded the full insurance payment in the prepaid insurance account, Urshela operates on a calendar year basis. What adjusting journal entry would Urshela be required to make at 12/31 to properly recognize insurance expense for the year

Answers

999 trillion dollars in a year

Smart Watch Company reported the following income statement data for a 2-year period.

2019 2020
Sales revenue $220,000 $250,000
Cost of goods sold
Beginning inventory 32,000 44,000
Costs of goods purchased 173,000 202,000
Cost of goods available for sale 205,000 246,000
Ending inventory 44,000 52,000
Cost of goods sold 161,000 194,000
Gross profit $59,000 $56,000

Smart uses a periodic inventory system. The inventories at January 1, 2019, and December 31, 2020, are correct. However, the ending inventory at December 31, 2019, was overstated $6,000.

Required:
a. Prepare correct income statement data the 2 years.
b. What is the cumulative effect of the inventory error on total gross profit for the 2 years?

Answers

Answer and Explanation:

a. The preparation of the correct income statement is as follows:

Year                                   2019                      2020

Sales revenue                $220,000               $250,000

Cost of goods sold

Beginning inventory       $32,000                 $38,000

Add: Costs of goods

purchased                       $173,000               $202,000

Cost of goods available for sale $205,000     $240,000

Less: Ending inventory   -$38,000                    -$52,000

($44,000 - $6,000 )

Cost of goods sold           $167,000                  $188,000

Gross profit                       $53,000                   $62,000

b. The cumulative effect is

Incorrect gross profit = $59,000 + $56,000 = $115,000

Correct gross profit = $53,000 + $62,000 = $115,000

Net effect would be zero

Why is the infrastructure used for marketing sales in the past becoming useless for today’s needs?

I’ll give brainlest to the best answer!!

Answers

Answer:

The infrastructure used for marketing sales in the past becoming useless for today’s needs is described below in detail.

Explanation:

Public activities are the design of modern life. Whether community or agricultural, the roads that convey our goods, the gutters that preserve our health and wealth, the cables that provide our electricity, and the vessels that transport our water enable society to operate. Every amenity our neighborhoods take for the award is built on preparation, architecture, building, and managing these assets.

Throughout history, people have prospered through improvements in government works.

Adams Company has two products: A and B. The annual production and sales of Product A is 2,300 units and of Product B is 1,700 units. The company has traditionally used direct labor-hours as the basis for applying all manufacturing overhead to products. Product A requires 0.3 direct labor-hours per unit and Product B requires 0.6 direct labor-hours per unit. The total estimated overhead for next period is $105,475.
The company is considering switching to an activity-based costing system for the purpose of computing unit product costs for external reports. The new activity-based costing system would have three overhead activity cost pools--Activity 1, Activity 2, and General Factory--with estimated overhead costs and expected activity as follows:
Total Estimated
Overhead
Costs Expected Activity
Product A Product B Total
Activity 1 $32,592 1,600 1,200 2,800
Activity 2 18,564 2,300 800 3,100
General Factory54,319 690 1,020 1,710
Total $105,475
(Note: The General Factory activity cost pool's costs are allocated on the basis of direct labor-hours.)
The overhead cost per unit of Product B under the traditional costing system is closest to:________.
a. $20.30
b. $14.62
c. $16.71
d. $37.01

Answers

Answer:

The correct answer is D.

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total estimated overhead= $105,475

Total direct labor hours= (2,300*0-3) + (1,700*0.6)

Total direct labor hours= 1,710

Predetermined manufacturing overhead rate= 105,475 / 1,710

Predetermined manufacturing overhead rate= $61.68 per direct labor hour

Now, we can allocate overhead to Product B:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 61.68*(0.6*1,700)

Allocated MOH= $62,913.6

Finally, the cost per unit:

Cost per unit= 62,913.6/1,700

Cost per unit= $37

Which of the following statements are true?

a. Markets by definition involve the exchange of money for goods and services.
b. Markets are forums in which parties exchange goods and services at a "price," where the latter can be flexibly construed.
c. Your current economics course, the next election, and the dating scene can all be seen as markets.

Answers

Answer:

C

Explanation:

A market is a place where goods and services can be exchanged at a predetermined price. A market does not have to be a physical location. With the advent of technology, a market can exist virtually. Money can be used in the exchange of goods or services or goods can be used for the exchange. In the case where goods are used in the exchange, it is known as trade by barter

You are the director of marketing. Your department has been doing well, but the company as a whole has been losing revenue steadily each quarter. In an effort to stay in business, the company is reducing the salaries of all employees by 15 percent. You need to inform your employees. Your employees are expecting that there will be a pay reduction and unanimously voted to reduce salaries rather than fire employees to balance the budget.
Which outline would be most appropriate in this situation?
I. Thank employees for being willing to make a sacrifice for the good of the company
II. Inform the employees they will receive a 15% pay cut
III. Restate the facts of the company's financial situation
IV. Explain
A. The reasons why the company needs to take drastic action
B. The benefits of the company's strategy
V. Close with a forward-looking statement.
I. State the facts of the company's financial situation
II. Explain
A. The reasons the company needs to take drastic action
B. The benefits of the company's strategy
III. Inform the employees they will receive a 15% pay cut
IV. Close with a forward-looking statement
I. State the facts of the company's financial situation
II. Provide alternatives the company considered
A. Unemployment
B. Bankruptcy
III. Inform the employees they will receive a 15% pay cut

Answers

Answer:

I. Thank employees for being willing to make a sacrifice for the good of the company.

II. State the facts of the company's financial situation.

III. Inform employees that they will receive a 15% pay cut.

IV. Close with forward looking statement.

Explanation:

The company's financial situation has led the managers to decide for a pay cut instead of lay off to improve the financial position of the company and stay in the budget. The company should appraise employees that they understand the company's situation and are willing to accept the pay cut. The director should inform employees about the current financial situation and provide details about the pay cut plan. The email should close with a forward looking statement and a statement that as soon as the situation of company gets better the employees will receive full salaries as always.

Steve has been given the charge of managing unskilled labor in the production units of his company. These workers are primarily motivated by financial incentives and other perks such as discount coupons and free movie or lunch days. In this scenario, which of the following power bases should Steve primarily use to influence the workers to improve their productivity?

a. Referent power
b. Expert power
c. Reward power
d. Information power

Answers

Answer:

c. Reward power

Explanation:

Reward power is the power to influence employees or to impress employees by giving them some reward for doing certain things. The reward is clear and vague .                                                  so correct option is c. Reward power

Waterway Industries provided the following information on selected transactions during 2021: Dividends paid to preferred stockholders $ 510000 Loans made to affiliated corporations 1400000 Proceeds from issuing bonds 1550000 Proceeds from issuing preferred stock 2090000 Proceeds from sale of equipment 795000 Purchases of inventories 2350000 Purchase of land by issuing bonds 590000 Purchases of treasury stock 1180000 The net cash provided (used) by financing activities during 2021 is

Answers

Answer:

Net cash  provided by financing activities $1,195,000

Explanation:

The computation of the net cash provided by financing activities are as follows:

Cash flows from financing activities

Issue bonds $2,090,000

Issue preferred stock $795,000

Less: Purchase of treasury stock -$1,180,000

Less: Dividend paid to preferred stockholders -$510,000

Net cash  provided by financing activities $1,195,000

If the government places a $2 tax per bag of potato chips on the producers, what would the consumers of potato chips observe? a. There would be no change in price and the consumer would not notice. b. The government would tax individuals who bought too many potato chips. c. Consumers would pay the full $2 tax in the form of a price increase. d. The price of potato chips would rise by some amount, but by less than $2.

Answers

Answer

d. the price of potato hips would rise by some amount

Explanation:

If the government places a $2 tax per bag of potato chips on the producers, then the price of potato chips would rise by some amount, but by less than $2. Option (d) is correct.

What do you mean by Tax?

In order to pay for general government services, goods, and activities, local, state, and federal governments must collect mandated payments or charges from citizens and corporations.

While taxes cause deadweight loss, the exact amount depends on a number of factors. The ability of a provider to deliver the desired goods to the customer and the amount that a consumer is ready to spend on a product are two of the most crucial factors. This is an illustration of the economic principle of supply and demand.

The supply curve shows an upward tendency when the price of potatoes rises by $2 tax because more potatoes are supplied. If a non-price element changes, the supply curve shifts to the right.

Therefore, Option (d) is correct.

Learn more about Tax, here;

https://brainly.com/question/27020116

#SPJ6

Sara’s Salsa Company produces its condiments in two types: Extra Fine for restaurant customers and Family Style for home use. Salsa is prepared in department 1 and packaged in department 2. The activities, overhead costs, and drivers associated with these two manufacturing processes and its production support activities follow.
Process Activity Overhead cost Driver Quantity
Department 1 Mixing $6,000 Machine hours 2,400
Cooking 10,800 Machine hours 2,400
Product testing 114,000 Batches 750
$130,800
Department 2 Machine calibration $325,000 Production runs 650
Labeling 18,000 Cases of output 160,000
Defects 6,000 Cases of output 160,000
$349,000
Support Recipe formulation $84,000 Focus groups 50
Heat, lights, and water 42,000 Machine hours 2,400
Materials handling 80,000 Container types 10
$206,000
Additional production information about its two product lines follows.
Extra Fine Family Style
Units produced 35,000 cases 125,000 cases
Batches 350 batches 400 batches
Machine hours 1,000 MH 1,400 MH
Focus groups 34 groups 16 groups
Container types 4 containers 6 containers
Production runs 260 runs 390 runs
1. Using a plantwide overhead rate based on cases, compute the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa.
2. Using the plantwide overhead rate, determine the total cost per case for the two products if the direct materials and direct labor cost is $10 per case of Extra Fine and $9 per case of Family Style.
3-A. If the market price of Extra Fine Salsa is $19 per case and the market price of Family Style Salsa is $13 per case, determine the gross profit per case for each product.
3-b. What might management conclude about the Family Style Salsa product line.

Answers

Answer:

1.$4.29 per cases

2. Extra Fine $14.29

Family Style $13.29

3a. Extra Fine $4.71

Family Style $0.29

3b. What might the management conclude about the Family Style Salsa product line is that Family Style salsa are not yielding profit which may may inturn make make the company to stop the production of the product in a situation where either the cost are not reduced or where the price.

Explanation:

1. Computation for the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa using Plantwide overhead rate

Using this formula

Overhead cost=Total overhead cost/Total volume

Let plug in the formula

First step is to calculate the Total overhead cost

Total overhead cost = $130,800 + $349,000 +$206,000

Total overhead cost =$685,800

Second step is to calculate the Total volume

Total volume= 35,000 + 125,000 cases

Total volume=160,000 cases

Now let calculate the Overhead cost

Overhead cost=$685,800/160,000 cases

Overhead cost=$4.29 per cases (rounded)

Therefore since we are making use of plantwide rate which means that same overhead cost of the amount of $4.29 per cases will be assigned to each of the two case .

2. Calculation to determine the total cost per case for the two products

Extra Fine Family Style

Direct materials + Direct Labor $ 10.00 $ 9.00

Add Overhead $4.29 $4.29

Manufacturing cost per case $ 14.29 $ 13.39

Therefore the the total cost per case for the two products will be:

Extra Fine $14.29

Family Style $13.29

3-A Calculation to determine the gross profit per case for each product.

Extra Fine Family Style

Selling price per case $ 19.00 $ 13.00

Less Manufacturing cost per case $14.29 $13.29

Gross profit (loss) per case $ 4.71. $ (0.29 )

Therefore the gross profit per case for each product will be ;

Extra Fine $4.71

Family Style $0.29

3-b. Based on the above Calculation What might the management conclude about the Family Style Salsa product line is that Family Style salsa are not yielding profit which may may inturn make make the company to stop the production of the product in a situation where either the cost are not reduced or where the price.

In each of the following cases, determine how supply or demand shifts and how the equilibrium changes.
Select the correct answer in each blank space (_______)
a. Smartphones: Microchips used in smartphones become less costly to produce. As a result, the __________________( *Supply of and demand for, *Supply of, or *Demand for) smartphones increase(s), causing the equilibrium price to (*Rise, *Fall, or *Rise, fall or remain unchanged) and the equilibrium quantity to (*Rise, fall or remain unchanged, *Rise, *Fall)
b. ALS medical research funds: The ALS ice bucket challenge goes viral, leading to greater awareness of the benefits of and need for ALS research. As a result, the _____________ ( *Supply of and demand for, *Supply of, or *Demand for) ALS research increase(s), causing the equilibrium price (or opportunity cost) of such research to __________ (*Rise, fall or remain unchanged, *Rise, *Fall) and the equilibrium quantity to __________ (*Rise, fall or remain unchanged, *Rise, *Fall)

Answers

Answer:

Supply of

fall

rise

b. demand for

rise

rise

Explanation:

A microchip is a complement in the production of smartphones

Complement goods are goods used together.

If the price of microchips reduces, the cost of making smartphones falls and as a result, the supply of smart phones increases. This would lead to a rightward shift of the supply curve. This leads to a decrease in equilibrium price and an increase in equilibrium quantity

Due to the awareness, the demand for ALS research would increase, this would lead to a rise in price and quantity demanded.

Insurance company A and B both are life insurance companies that pay claims to a designated beneficiary upon death of an insured life. Company A insures 10,000 lives and expects to receive 525 claims this year. Company B insures 8,700 lives and expects to receive 410 claims this year. The actual number of claims for company A will range 500 < 550. The actual number of claims for company B will range from 369 < 451. Who faces the most objective risk

Answers

Answer:

Company B will faces the most objective risk

Explanation:

Company A: As Company A, insures 10,000 lives and expects to receive 525 claims this year.

They will end up saving 947,500,000 and paying 52,500,000 (525 claims*100,000), considering each claim value to be 100,000. Here goes the calculation:

10,000 x 100,000 = 1,000,000,000

1,000,000,000 - 52,500,000 = 947,500,000.

Company B: As Company B, insures 8,700 lives and expects 410 claims this year.

They will end up saving 829,000,000 and paying 41,000,000 (410 claims x 100,000), considering each claim value to be 100,000. Here goes the calculation:

8700 x 100,000 = 870,000,000

870,000,000 - 41,000,000 = 829,000,000.

Hence, the margin of profit is good for company A. Company B will have the face the risk more.

From the interest tables in Appendix B, determine the values of the following factors by interpolation and compare your results with those obtained from evaluating the A/P and P/A interest formulas.
1. The capital-recovery factor for 38 periods at 6.25% interest.
2. The equal-payment series present-worth factor for 85 periods at 9.25% interest.

Answers

Answer:

When compared with results obtained using Interpolation there is a variance of more than 1/3 of a point   ( for both A and B )

Results obtained via A/P and P/A interest formulas

A) 0.0694

B) 10.8049

Explanation:

A) calculating The capital recovery factor for 38 periods at 6.25%

using the A/P interest formula

where ;

p = present value , i = annual interest rate, n = number of years

hence CRF ( capital recovery factor ) = 0.0694

B) Calculating the equal-payment series PWF

using the P/A interest formula

where ; p = present value , i = annual interest rate, n = number of years

hence PWF ( present worth factor ) = 10.8049

attached below is the detailed solution

When compared with results obtained using Interpolation there is a variance of more than 1/3 of a point   ( for both A and B )

Suppose Manuel is the only seller in the market for bottled water and Hubert is the only buyer. The following lists show the value Hubert places on a bottle of water and the cost Manuel incurs to produce each bottle of water:
Hubert's Value Manuel's Costs
Value of first bottle: $10 Cost of first bottle: $1
Value of second bottle: $7 Cost of second bottle: $3
Value of third bottle: $3 Cost of third bottle: $7
Value of fourth bottle: $1 Cost of fourth bottle: $10
The following table shows their respective supply and demand schedules:
Price Quantity Demanded Quantity Supplied
$1 or less 4 0
$1 to $3 3 1
$3 to $7 2 2
$7 to $10 1 3
More than $10 0 4
Use Raphae's supply schedule and Larry's demand schedule to find the quantity supplied and quantity demanded at prices of $2, $5, and $8.
A price of____brings supply and demand into equilibrium.
At the equilibrium price, consumer surplus is_____producer surplus is_____, and total surp is_____.
If Raphael produced and Larry consumed one less bottle of water, total surplus would_____.
if instead, Raphael produced and Larry consumed one additional bottle of water, total surplus would_____.

Answers

Answer:

Manuel and Hubert

A price of__$5__brings supply and demand into equilibrium.

At the equilibrium price, consumer surplus is__$2___producer surplus is__$2___, and total surplus is__$4___.

If Manuel produced and Hubert consumed one less bottle of water, total surplus would__$6___.

if instead, Manuel produced and Hubert consumed one additional bottle of water, total surplus would_$6____.

Explanation:

a) Data and Calculations:

Hubert's Value                                 Manuel's Costs

Value of first bottle:      $10             Cost of first bottle: $1

Value of second bottle: $7              Cost of second bottle: $3

Value of third bottle: $3                   Cost of third bottle: $7

Value of fourth bottle: $1                 Cost of fourth bottle: $10

The following table shows their respective supply and demand schedules:

Price               Quantity        Quantity

                   Demanded     Supplied

$1 or less            4                    0

$1 to $3              3                     1

$3 to $7             2                    2

$7 to $10            1                    3

More than $10   0                   4

Using Manuel's supply schedule and Hubert's demand schedule to find the quantity supplied and quantity demanded at prices of $2, $5, and $8.

Price     Quantity      Quantity

         Demanded     Supplied

$2            3                 1

$5            2                2

$8            1                 3

At the equilibrium price:

Consumer Surplus = $7 - $5 = $2

Producer Surplus =   $5 - $3 = $2

Total surplus is $2 * 2 = $4

Focus groups an example of what type of research

Answers

Answer:

i think focus groups would be case studies? i'm not sure though

Explanation:

Methodology :

Types of research.

Correlational research.

Descriptive research.

Ethnographic research.

Cross-sectional studies.

Longitudinal studies.

Case studies.

The 2020 accounting records of Skysong, Inc. reveal these transactions and events.

Payment of interest $10,800 Collection of accounts receivable $189,200
Cash sales 50,900 Payment of salaries and wages 56,900
Receipt of dividend revenue 19,000 Depreciation expense 16,100
Payment of income taxes 15,700 Proceeds from sale of vehicles 12,100
Net income 38,000 Purchase of equipment for cash 21,900
Payment of accounts payable Loss on sale of vehicles 3,100
For merchandise 115,600 Payment of dividends 14,700
Payment for land 73,700 Payment of operating expenses 27,600

Required:
Prepare the cash flows from operating activities section using the direct method.

Answers

Answer:

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Name at least 4 of the sources of ethical issues

Answers

Answer:

Religion:

Culture:

Law:

Corresponds to Basic Human Needs:

Credibility in the Public:

Credibility with the Employees:

Better Decision Making:

Profitability:

Answer:

Religion:

Culture:

Law:

Basic Human Needs

Explanation:

Ethical challenges and their attendant dilemmas may be caused by  failure of personal mentality problems with personal values and organizational goals; organizational goals versus social values and harmful, but popular products.

What Does Ethical Issues Mean?

Ethical issues happen when a given decision, scenario or activity creates a problem with a society's moral principles  These conflicts occasionally legally dangerous, since some of the possible ways to solve the issue might breach a particular law.

hope this helps!

                                                                                                          -Tobie

Doug works as the Heavy Haul Manager for Lone Star Transportation. He is currently working on a wind farm project and deciding which drivers of his team will work on the project and which field supervisors will work on communicating with GE who is building the wind farm. He is also assigning drivers certain sections of the wind turbines to ensure that the parts are delivered in the correct order for the project. Which of the following management functions is Doug undertaking?
A. Scrutinizing.
B. Planning.
C. Organizing.
D. Envisioning.
E. Controlling.

Answers

Answer:

C

Explanation:

Question 2
What was the opening price of Dow Jones Industrial Average on Mar 28, 2019 in the format of XXXXX.XX?

Answers

Answer:

21,062.96

I believe

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Grahame, Inc. has a fiscal year-end of September 30th. On March 1, 2015, Grahame authorized $800,000 in bonds payable; the bonds carry a stated interest rate of 6%, interest to be paid semi-annually on February 28, and August 31st with a term of 12 years. On August 1, 2016, Grahame issued hree-quarters of the bonds at a premium of $25,400.
Prepare the journal entries that would be required relating to the bonds over period March 1, 2015 through September 30, 2016.

Answers

Answer:

Grahame, Inc.

Journal Entries:

March 1, 2015:

No journal entry.  A memorandum record is made to recognize that $800,000 bonds payable were authorized to be issued, at an interest rate of 6% with a maturity period of 12 years.

August 1, 2016:

Debit Cash $625,400

Credit Bonds Payable $600,000

Credit Bonds Premium $25,400

To record the issue of 3/4 of the $800,000 bonds payable at a premium of $25,400.

September 30, 2016:

Debit Interest Expense $5,647

Credit Interest Payable $5,647

To accrue interest on bonds payable.

Explanation:

a) Data and Calculations:

Authorized bonds payable = $800,000

Rate of interest = 6%

Bonds maturity period = 12 years

Interest payable on the bonds on February 28 and August 31st.

Issued bonds payable = $600,000 ($800,000 * 3/4)

Date of issue = August 1, 2016

Interest Expense = $600,000 * 6% * 2/12 = $6,000

Bonds Premium amortization = $25,400/12 * 2/12 = $353

The interest expense will be reduced by $353 to $5,647 ($6,000 - 353)

During the summer between his junior and senior years, James Cook needed to earn sufficient money for the coming academic year. Unable to obtain a job with a reasonable salary, he decided to try the lawn care business for three months. After a survey of the market potential, James bought a used pickup truck on June 1 for $1,160. On each door he painted "James Cook Lawn Service, Phone 471-4487." He also spent $680 for mowers, trimmers, and tools. To acquire these items, he borrowed $2,520 cash by signing a note payable promising to pay the $2,520 plus interest of $65 at the end of the three months (ending August 31)

Answers

Answer:

Half of the question is missing, so I looked for similar ones and found the attached image.

Explanation:

We must determine James' profit for the summer:

Cash collected $12,800

Receivables $730

total revenue = $13,530

Expenses:

Gas, oil and lubrication $1,080 + $190 = $1,270

Repairs $550

Supplies $230

Salaries $6,000

Payroll taxes $290

Filing taxes services $35

Insurance $245

telephone $270

interest expense $65 (I'll use the information provided in the question)

Depreciation $620

total expenses = $9,575

net income = $13,530 - $9,575 = $3,955

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