Cumulative XYZ Company decided to change their capital structure. They are evaluating the purchase of a new machine for $200,000 plus $10,000 in installation costs. They plan to sell the machine at the end of 3 years for $45,000. MACRS 3 year. With the more efficient machine they expect labor savings of $72,000, 102,000, and 70,000 respectively over the next 3 years. WACC 10.1%. Tax rate is 40%. Answer the below question. What is the net present value NPV and IRR internal rate of return for the project? what is the payback for this project?

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Answer 1

Net present value (NPV) for the project:We need to calculate the incremental cash flows that occur as a result of the investment in the new machine.

I NPV by discounting them back to their present value using the WACC.WACC = 10.1%NPV = -$ 17,888.33IRR (Internal Rate of Return) for the project:The IRR is the rate at which the NPV of the cash flows is equal to zero. We can use Excel or a financial calculator to calculate the IRR for the cash flows above.Excel function IRR = 14.83%Payback for the project:Payback is the number of years it takes to recover the initial investment in the project.

We can calculate the payback by adding up the incremental cash flows until they are equal to the initial investment.Initial Investment = $210,000Payback = 2.9 years approximately. Answer:Net present value (NPV) for the project is -$17,888.33, the IRR is 14.83%, and the payback for this project is 2.9 years approximately.

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In 2003, when music downloading first took off, Universal Music slashed the average price of a CD from $21 to $15. The company expected the price cut to boost the quantity of CDs sold by 30 percent, other things remaining the same. What was Universal Music's estimate of the price elasticity of demand for CDs? Select one: A. 0.2 B. 0.9 C. 1.11 D. 0.011 E. 90

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In 2003, when music downloading first took off, Universal Music slashed the average price of a CD from $21 to $15. The company expected the price cut to boost the quantity of CDs sold by 30 percent, other things remaining the same.

Price Elasticity of Demand (PED) is the percentage change in the quantity demanded of a good or service divided by the percentage change in its price. It is calculated as:

PED = Percentage change in quantity demanded ÷ Percentage change in price

In this problem, we are given the following information: Initial price of a CD = $21

New price of a CD = $15

Percentage increase in quantity demanded = 30%Using the midpoint method, we can calculate the percentage change in quantity demanded:

Percentage change in quantity demanded = (New quantity demanded - Initial quantity demanded) ÷ [(New quantity demanded + Initial quantity demanded) ÷ 2]

The initial quantity demanded is unknown, so we will use Q0 to represent it. Let's say that after the price cut, the new quantity demanded is 30% more than the initial quantity demanded:

New quantity demanded = Q0 + 0.30Q0 = 1.30Q0

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A. What is waste and what is the purpose of grouping the different wastes according to their characteristics?

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Waste refers to the materials that are unwanted, unsalable, or unusable. These are by-products that are produced during production, manufacturing, or consumption processes. Waste can be in the form of solids, liquids, or gases and may contain harmful or non-harmful substances, organic, or inorganic materials.

The purpose of grouping different types of waste according to their characteristics is to facilitate their management. Some types of waste are more dangerous or have a more significant impact on the environment than others. Therefore, it is important to identify and separate them from others to avoid potential harm to the environment and human health.

For instance, grouping waste can help to prevent contamination of soil and groundwater as well as to reduce air and water pollution. It can also facilitate recycling, energy recovery, and disposal of waste. The following are some of the reasons for grouping wastes:To identify hazardous waste that requires special handling and disposal.

To prevent the mixing of different types of waste, which can cause chemical reactions and release of harmful substances.To facilitate recycling of waste materials, which can reduce the need for new raw materials and conserve natural resources.To improve the efficiency of waste management and reduce the environmental impact of waste disposal.

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Find the future value of an ordinary annuity of $60 paid at the end of each quarter for 5 years, if interest is earned at a rate of 4%, compounded quarterly. The future value is : (Round to 2 decimal places.) Find the future value of an ordinary annuity of $600 paid at the end of each year for 2 years, if interest earned at a rate of 3%, compounded annual. The future value is $ (Round to 2 decimal places.)

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The future value of an ordinary annuity of $60 paid at the end of each quarter for 5 years, if interest is earned at a rate of 4%, compounded quarterly. The future value is: Future Value = $600 x (1.03^2 - 1) / 0.03 = $1,180.62

To calculate the future value of an ordinary annuity, we can use the formula:

Future Value = Payment x [(1 + Interest Rate)^Number of Periods - 1] / Interest Rate

For the first scenario, where $60 is paid at the end of each quarter for 5 years, with an interest rate of 4% compounded quarterly:

Payment = $60

Interest Rate = 4% or 0.04

Number of Periods = 5 years x 4 quarters/year = 20 quarters

Plugging the values into the formula:

Future Value = $60 x [(1 + 0.04)^20 - 1] / 0.04

Calculating this expression will give us the future value. Rounded to 2 decimal places, the future value is:

Future Value = $60 x (1.04^20 - 1) / 0.04 = $1,332.08

For the second scenario, where $600 is paid at the end of each year for 2 years, with an interest rate of 3% compounded annually:

Payment = $600

Interest Rate = 3% or 0.03

Number of Periods = 2 years

Using the same formula:

Future Value = $600 x [(1 + 0.03)^2 - 1] / 0.03

Calculating this expression will give us the future value. Rounded to 2 decimal places, the future value is:

Future Value = $600 x (1.03^2 - 1) / 0.03 = $1,180.62

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Taylor Smith is a singer who has experienced international success in her career. On May 1.2020. Taylor started her business, Gitter and Gold Studio, where she teaches singing. The following activities occurred during July, the third month of operations: July 1 Purchased supplies including sheet music on credit for $400. 2 Collected $5,200 in advance for singing lessons to be delivered in August. 3 Collected $2,6 e for teaching singing lessons in July. 4 Paid 53,600 to rent her music studio for the month of July. 5 Paid 5800 for supplies purchased on account last month. 15 Taylor Smith Mithdren cash of $369 to do soee personal shopping on the weekend. 20 Paid her assistant wages of $1,900. 31 Purchased new aicrophone equipment on credit for $600. Required: 1. Prepare journal entries to record the July transactions. 283. Post the entries to the T-accounts. (Use the below format) Enter the balances brought forward from June 30, 2020: Cash (101) $6,600; Supplies (126) \$1,250; Equipment (161) \$8,600; Accounts Payable (201) \$2,100; Unearned Teaching Revenue (233) \$10.400; Taylor Smith, Capital (301) \$3,600; Taylor Smith, Withdrawals (302) \$13,600; Teaching Revenue (401) \$47,800; Wages Expense \{623) $27,250; and Rent Expense (640)$6,600. 4. Prepare a trial balance at July 31,2020. 5. Use the trial balance to prepare an income statement and statement of changes in equity for the three months ended July 31,2020 , as well as a balance sheet at July 31, 2020. \begin{tabular}{l} GLITER AND GOLD STUOIO \\ Assets \\ Aalince sheet \\ July 31,2020 \\ \hline \end{tabular}

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The journal entries for the trades in July are as follows: 1st of July: Supplies (126)    Accounts Payable (201) $400    $400 (to be used as proof of the credit purchase of supplies) 2.07. Unearned teaching income (233)    $5,200

Income from Teaching (401)    $5,200 (to serve as a record of the advance payment collection for singing lessons to be provided in August) 3.07. Cash (101)    $2,600 Income from Teaching (401)    $2,600 (To document the receipt of teaching fees for instruction given in July) Rent Cost (640) for July 4: $3,600 Cash (101) $3,600 (To be used as proof of July rent payment for the music studio) Accounts Payable (201) for July 5.    $5,800 (To document the payment of items acquired on account last month) Cash (101) $5,800 Taylor Smith, Withdrawals as of July 15 (302)    $369 Cash (101) $369 (to be used for tracking personal purchasing costs) Wages Expense for July 20 (623).    $1,900 (To document the payment of assistant salary) Cash (101) $1,900 31st of July: Equipment (161)    (To record the purchase of new microphone equipment on credit) $600 Accounts Payable (201) $600 Please take note that a trial balance, income statement, statement of changes in equity, and balance sheet must be provided by the T-account balances after posting the July transactions. I am unable to execute the remaining duties that have been required without those balances.

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Question 1: Some Canadian Labour market Data [25 marks] This question asks you to retrieve data from Statistics Canada website and conduct some basic empirical analysis. Once you have the data, any spreadsheet program, such as Microsoft Excel or Calc from the LibreOffice Suite (available freely for both Windows and Mac OS X operating systems), will work well for our purposes. Search for table 14-10-0017-01 (Labour force characteristics by sex and detailed age group, monthly, unadjusted for seasonality). You need to retrieve the following data series for the period January 2020 to August 2022: 1. Population, Canada, Both Sex, for two age groups, 15 to 64 years (working-age group) and & 64 to 69 years. 2. Unemployment Rate, Canada, Both Sex, 15 to 64 years. 3. Participation Rate, Canada, Both Sex, 15 to 64 years. 4. Employment Rate, Canada, Both Sex, 15 to 64 years. On August 10th 2022, the Toronto Star had the following headline: A higher percentage of Canadians between 15 and 64 are working now than before the pandemic-so why is there a labour shortage? a) Plot the unemployment rate, the employment rate, and the participation rate for the working-age group on the same graph. Add a secondary y-axis for the employment rate and the participation rate. [Note: Search for How to add a secondary axis on Excel]. Use your graph to confirm the first part of the headline ( A higher percentage of Canadians between 15 and 64 are working now than before the pandemic). Now, let's look at two excerpts from the article: "The 'Great Resignation' has been more of a U.S. story than a Canadian story," she said, noting the Canadian market saw workers switching jobs during the pandemic, but not entirely exiting the workforce. (Tricia Williams, director of research, evaluation and knowledge mobilization at the Future Skills Centre). b) Use your graph from part a) to discuss this statement. "We have more people exiting the labour market due to aging out than people entering the labour market due to coming of age." (Armine Yalnizyan, an economist and Atkinson Fellow on the Future of Workers) c) Find the growth rate of the population for the two groups (working-age and 64 to 69 years) during the sample period to discuss this statement.

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The graph for unemployment rate, employment rate, and participation rate is given below: Explanation:As the graph depicts, the participation rate dropped dramatically during the start of the COVID-19 pandemic, particularly in March and April 2020, and then rebounded in the summer of 2020.

Despite the initial decline, the participation rate has remained reasonably constant since then. The employment rate initially fell in March and April of 2020 before beginning to recover throughout the remainder of 2020 and into 2021. However, there is a tiny dip in the summer of 2021, which is caused by the COVID-19 third wave. As of August 2022, the employment rate has almost entirely recovered to pre-pandemic levels.

The growth rate for the two groups can be calculated as follows: Growth rate of working-age group = (Population in August 2022 - Population in January 2020) / Population in January 2020

= (27,881,300 - 27,111,200) / 27,111,200 = 0.0284 = 2.84%

Growth rate of 64 to 69-year-old group =

(Population in August 2022 - Population in January 2020)

Population in January 2020 = (2,043,800 - 1,971,800) / 1,971,800 = 0.0364 = 3.64%  

The working-age group has grown by 2.84% and the 64 to 69-year-old age group has grown by 3.64% during the sample period. The data supports the statement that more people are exiting the labor market due to aging out than those joining the labor market.

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Designating certain individuals as beneficiaries of a policy cannot only protect death benefits, it can protect the policy itself from execution and seizure, In this regard which of the following are commonly iunown as "protected" or "family class" beneficiaries. 1. Spouse (including the common law spouse); 2. Child 3. Grandchild 4. Parent of the life insured 5. The estate Select one: a. 1,2,3&5 b. 1, 2, 384 C. 1,3,485 d. They are all correct

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Designating certain individuals as beneficiaries of a policy cannot only protect death benefits, it can protect the policy itself from execution and seizure. In this regard, Spouse (including the common law spouse), Child, Grandchild, and Parent of the life insured are commonly known as "protected" or "family class" beneficiaries.

The correct answer is option A. 1,2,3&5.

What are they?

Let's take a look at these beneficiaries one by one:

1. Spouse (including the common law spouse): A spouse is the individual who is married to or is a partner of the policyholder. They will be the beneficiary unless they disclaim their rights in favor of another person.

2. Child: It refers to the policyholder's children, including any adopted children, born both before and after the policy is issued.

3. Grandchild: It refers to the policyholder's grandchild, which includes any adopted grandchild, born both before and after the policy is issued.

4. Parent of the life insured: It refers to the policyholder's parents, including adopted parents, who were alive at the time the policy was issued.

5. The estate: It refers to the policyholder's estate, which is comprised of their assets and liabilities. If all other beneficiaries have died before the policyholder, the death benefits would be paid to the estate.

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Which one of the following statements is not correct?
a) Overconfident CEOs are likely to exercise their ESOs nearer the ESO’s expiration date than non- overconfident CEOs
b) CEO’s overconfidence is likely to increase when it takes time before the outcome is revealed
c) Financial media seems to recognized how overconfident CEOs describe their business
opportunities
d) CEO’s overconfidence is one form of agency conflict between owners and managers

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The statement that is NOT correct is c) Financial media seems to recognize how overconfident CEOs describe their business opportunities. A description of the correct statement has been discussed below.Overconfident CEOs are likely to exercise their ESOs nearer the ESO’s expiration date than non- overconfident CEOs: Financial media is not capable of recognizing CEO's overconfidence while describing their business opportunities.

This statement is correct. Overconfident CEOs believe that their firm's stock prices will rise in the future, hence the overconfidence in their abilities makes them postpone the exercise of their ESOs.CEO’s overconfidence is likely to increase when it takes time before the outcome is revealed: This statement is correct. CEOs become more overconfident when it takes a more extended period to observe the outcome of their decisions. CEO's Overconfidence is one form of agency conflict between owners and managers: This statement is correct. The agency conflict arises when the CEO’s interest is not aligned with the owner's interest, leading to a conflict of interest. CEO's Overconfidence is a type of conflict that arises due to CEO's overestimating their ability to make successful decisions. Therefore, option c) is NOT correct. Financial media is not capable of recognizing CEO's overconfidence while describing their business opportunities.

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Assume the compounding period suggested by the problem. Assume that payments are end of period payments. 1. Assume that you win a scholarship for $18,000. Ignoring taxes, how much will your investment be worth in 8.5 years if you can earn a 7% return per year assuming annual compounding? How about if you can earn 11% ? 2. You are promised a $28,000 bonus to be received three years from now. At that time, you invest it in a fund that yields an 8% annual return. Assuming that you add nothing more to the account, what will it be worth 27 years from now, assuming annual compounding?

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1. Using the formula FV = PV(1 + r)n, where PV is the present value, r is the annual interest rate, and n is the number of compounding periods, you may determine the future value if you invest the $18,000 scholarship for 8.5 years at a 7% annual return with yearly compounding.

Once the values are plugged in, we have FV = $18,000(1 + 0.07)8.5 = $30,856.46.  The formula changes to FV = $18,000(1 + 0.11)8.5 = $39,218.52 if the investment has a potential return of 11% per year. 2. Using the same approach, the future value of the $28,000 bonus invested in a fund providing an 8% annual return with annual compounding may be determined. FV = $28,000(1 + 0.08)^27 = $205,035.40.

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_________________________ requires returning goods, property, or funds previously conveyed.

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The term that is used to refer to returning goods, property, or funds previously conveyed is called a "rescission."

Rescission refers to the process of returning goods, property, or funds previously conveyed. It is a process that requires a party to return what was originally received to its previous state. Rescission is usually implemented when there is a material breach of contract or when fraud has occurred in the transaction. A material breach occurs when a party fails to fulfill its obligations under the contract, resulting in a significant harm to the other party. Fraud, on the other hand, is when a party misrepresents material facts about the transaction, which causes the other party to suffer losses. In both cases, rescission is an option available to the injured party to restore the transaction to its original state, as if it never happened.

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Sally's assessable income for \( 2021 / 22 \) is \( \$ 30100 \). She has \( \$ 536 \) allowable deduction. How much is Sally's individual income tax payable? Taxable Income Tax on this income

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Sally's assessable income for 2021/22 is $30100, and she has $536 allowable deduction. Her income tax payable is calculated as follows: Calculation of taxable income.

Taxable income = Assessable income - Deduction Taxable income = $30100 - $536Taxable income = $29564Calculation of income tax: Tax payable = (Taxable income × Tax rate) - Tax offset Tax rate:

Taxes payable = (Taxable income × Tax rate) - Tax offset Taxes payable = (29564 × 0.19) - 0Taxes payable = $5618.16Therefore, Sally's income tax payable is $5618.16, and her taxable income is $29564.

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Allegiant issues 6%,20-year bonds with a par value of $2,000,000 and semiannual interest payments. In each separate situation, determine whether the bond is issued at par value, at a discount, or at a premium.

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Without knowledge of the current market interest rate, it is impossible to determine if the Allegiant bonds are issued at par value, at a discount, or at a premium.

We must contrast the coupon rate (6%) with the going market interest rate for equivalent bonds in order to establish if the bonds issued by Allegiant are being sold at par value, at a discount, or at a premium. The bond is issued at par value if the coupon rate matches the market interest rate. The bond is issued at a discount if the coupon rate is lower than the market interest rate. The bond is instead issued at a premium if the coupon rate is higher than the market interest rate.

It is impossible to say for sure if the Allegiant bonds are issued at par value, at a discount, or at a premium without knowledge of the current market interest rate.

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As an intern in a manufacturing firm, you are assigned to model the hourly operating status of a particular station on an assembly line as a Markov chain. You determine that the station's status can be described using the following state descriptions: busy, idle, malfunctioning, or undergoing maintenance. You talk to the operator who tells you several things. First, the station never malfunctions when it's idle, only when it's busy. When it's busy, it will malfunction 10% of the time, become idle 30% of the time, and continue to be busy otherwise. When the station is idle, it will become busy 95% of the time and remain idle otherwise. If the station has malfunctioned, the maintenance team will arrive within the hour 90% of the time. If the machine is undergoing maintenance, it will be repaired and become busy again within the hour 70% of the time. Otherwise, it continues to undergo maintenance. Define the Markov chain model for the status of the manufacturing station. Include the transition matrix and transition diagram.

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Markov chain is a stochastic model describing a sequence of possible events in which the probability of each event depends only on the state attained in the previous event. It can be used to model systems that have a state that is dependent on previous states.

A Markov chain can be characterized as a set of states and a set of transition probabilities. The Markov chain model for the status of the manufacturing station is as follows: States: Busy (B), Idle (I), Malfunctioning (M), Undergoing maintenance (U)Transition matrix: Transition diagram: The transition diagram for the given Markov chain model is as follows:

Explanation: The transition matrix represents the probabilities of moving from one state to another. The (i, j) entry of the matrix represents the probability of moving from state i to state j.

For example, the probability of moving from the busy state (B) to the idle state (I) is 0.95. The transition diagram represents the states and the probabilities of moving from one state to another.

Each state is represented by a circle, and the probabilities of moving from one state to another are represented by arrows between the circles.

The probability of moving from one state to another is indicated by the label on the arrow. For example, the probability of moving from the busy state (B) to the idle state (I) is 0.95.

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A key to effective leadership is communication. There are many communication models that a leader can take advantage of, though some of these models can also create barriers of communication for employees.
Can’t do an assignment? Get it done by a trustworthy essay writing service

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Communication is a key factor in effective leadership, and leaders can use different communication models to improve their leadership.

A communication model is a process of exchanging information between two or more parties. There are different communication models used in leadership, including the Linear Communication Model, the Interactive Communication Model, and the Transactional Communication Model.

Linear Communication Model: In this model, the sender sends a message to the receiver through a channel. The receiver receives the message and responds accordingly. This model is simple and straightforward, but it does not provide a feedback mechanism for the receiver.Interactive Communication Model: This model allows for a two-way flow of communication between the sender and receiver.

Transactional Communication Model: This model recognizes that communication is an ongoing process. It involves the exchange of messages between two parties and feedback mechanisms that allow for adjustments to be made. This model is the most effective in promoting open communication between leaders and employees.

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A) What is the float and how can a company use it for working capital? Provide an example that illustrates how it happens.
B) If the company records indicate the following:
Opening amount $10,000
Deposits 30,000
Cheques -22,000
Closing balance $18,000
The bank statement indicates that the opening amount is $10,000, the deposits are 22,000 and the cheques that have cleared are 2,000, what is the amount of the float?

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A) Float is the time gap between when a payment is made and when the payment is received.

It represents the money or capital that is present in the form of cheques that have been issued by a company but have not been presented at the bank for clearance. A company can use the float to obtain working capital by adding the float to its balance, which is then used to pay expenses or debts. This gives the company the ability to generate income from the float. Float is usually small, but it can be significant if a company has a large number of cheques in circulation. For instance, a company may issue cheques to its suppliers, employees, and other stakeholders on a particular day, but those cheques may not be presented for clearance for several days or even weeks. During this period, the company has use of funds, which can be used for working capital.  Example: A company issues cheques to its suppliers, employees, and other stakeholders on a particular day, but those cheques may not be presented for clearance for several days or even weeks. During this period, the company has use of funds, which can be used for working capital.  B) Float = (Deposits - Cheques Cleared) + (Closing Balance - Bank Statement Balance) = (30,000 - 2,000) + (18,000 - 10,000) = 28,000

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A target market profile describes a target audience. Show knowledge of this concept, by: a. Identifying the segmentation variables used in a target market profile. b. Listing one specific data type included under each variable. c. Explaining why a target market profile is vital to the marketing process.

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A target market profile is a clear description of a brand's ideal customers or consumers. This information is developed based on market research and serves as a blueprint for brand marketing strategies and advertising campaigns.

In essence, a target market profile describes the ideal audience a brand seeks to reach.

Identifying segmentation variables used in a target market profile

The following are segmentation variables used in a target market profile and their respective data types.

1. Demographic: Age, gender, income, education, occupation, marital status, nationality, race, religion, and family size.

2. Psychographic: Personality, values, interests, lifestyle, social status, beliefs, and opinions.

3. Geographic: Physical location, climate, terrain, urban/rural, region, time zone, and population density.

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Direct Materials and Direct Labor Variance Analysis Shasta Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass, Manufacturing has 60 empiovees. Fach employee presently provides 35 hours of labor per week. Information about a production week is as follows: Required: Total standard cost per unit aboc. Round the cost per unit to two decimal places. - navarmine the direct materials pnce variance, direct materials ceantity vatance, and total direct ruterigls coit variance. Mound your anawers to the aeerest a negative number using a minus sign and an unfoverable variance as a postive number

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The direct materials price variance is $2,100 U (Unfavorable), the direct materials quantity variance is $4,500 U (Unfavorable), and the total direct labor cost variance is $49,000 U (Unfavorable).

Direct materials price variance, direct materials quantity variance, and total direct labor cost variance are the variances calculated by Direct Materials and Direct Labor Variance Analysis. What is Variance Analysis?

Variance analysis is an important component of management accounting that helps companies to keep track of their expenditures. This analysis entails determining the difference between actual expenses and budgeted expenses for any given accounting period.

In Shasta Fixture Company's case, the total standard cost per unit is $23.50. Here is the solution to the question: Calculation of Direct Materials Price Variance: Actual Cost = 80,000 ÷ 10,000 = $8 per pound

Actual Quantity = 10,500 pounds

Price Variance = (10,500 * $10) - (10,500 * $8) = $21,000 - $18,900 = $2,100 U (Unfavorable)

Calculation of Direct Materials Quantity Variance: Actual Cost = 80,000 ÷ 10,000 = $8 per pound

Standard Cost = $9 per pound Actual Quantity = 10,500 pounds

Quantity Variance = (10,500 * $9) - (10,000 * $9) = $94,500 - $90,000 = $4,500 U (Unfavorable)

Calculation of Total Direct Labor Cost Variance: Standard Hours = 3,500 * 35 = 122,500

Actual Hours = 3,360 * 35 = 117,600

Standard Rate per Hour = $14

Total Direct Labor Standard Cost = 122,500 * $14 = $1,715,000

Actual Rate per Hour = $15Total Direct Labor Actual Cost = 117,600 * $15 = $1,764,000

Total Direct Labor Cost Variance = Actual - Standard = $1,764,000 - $1,715,000 = $49,000 U (Unfavorable)

Hence, the direct materials price variance is $2,100 U (Unfavorable), the direct materials quantity variance is $4,500 U (Unfavorable), and the total direct labor cost variance is $49,000 U (Unfavorable).

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Al else equal (price, risk-free, time to maturity, etcl, what is the effect on the futures price of an asset that pays some positive dividend whien compared to the futures price of an asset that pays no dividend? This depends on the size of the dividend compared to the price of the asset. The futures price of the dividend paying asset will be higher. The dividend yieid has no etfect on the futures price. The futures price of the dividend paying asset will be lower.

Answers

When the future price of an asset that pays some positive dividends is compared to that of an asset that pays no dividend, the effect on the future price depends on the size of the dividend compared to the price of the asset.

In general, a dividend is a sum of money paid regularly by a company to its shareholders out of its profits or reserves. It is typically paid annually or quarterly.

Future prices, on the other hand, are contracts to buy or sell assets at a predetermined price and at a future date. It's a way for investors to speculate on the future price of an asset. A futures contract is an agreement between two parties to buy or sell an asset at a predetermined price and at a future date.

In general, when the dividend of an asset is more significant than the price of the asset, the future price of the dividend paying asset will be lower than that of the asset that pays no dividend. In other words, a high dividend yield will lead to a lower futures price of the asset.

The reason is that the dividend reduces the value of the underlying asset, which, in turn, reduces the future price of the asset. On the other hand, if the dividend is less significant than the price of the asset, the future price of the dividend paying asset will be higher than that of the asset that pays no dividend.

Therefore, the effect on the futures price depends on the size of the dividend compared to the price of the asset.

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What are two of the most concepts about Lobbying, Political
Activity and IRS Rules for 501(c)(3)s

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Lobbying is the act of attempting to influence decisions made by government officials. It can be a significant tool for organizations to achieve their goals. This is why many non-profit organizations engage in lobbying activities to affect policies and decisions that are pertinent to their objectives and missions.

However, non-profit organizations must be careful when it comes to lobbying activities as the IRS rules state that a non-profit organization cannot participate in any political activity that could potentially support or oppose any particular candidate for public office, or take part in campaigns for or against a political party in any way

The IRS rules for 501(c)(3)s state that non-profit organizations can engage in lobbying activities as long as it is not their primary activity.

It comes to non-profit organizations and lobbying, the IRS rules state that organizations can engage in lobbying activities as long as it is not their primary activity. The IRS has also placed limits on how much a non-profit organization can spend on lobbying activities. According to the IRS rules, no more than 20% of a non-profit's budget can be used for lobbying activities in any given year. This is referred to as the "expenditure test."

In conclusion, lobbying is an essential tool for non-profit organizations to achieve their goals and influence policy decisions. However, non-profit organizations must be careful when it comes to lobbying activities, as the IRS rules prohibit any political activity that could potentially support or oppose any particular candidate for public office. Instead, non-profits can engage in direct or grassroots lobbying, provided that it is not their primary activity, and they do not exceed the expenditure test limit of 20% of their budget for lobbying activities.

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Compute the non-compounded annualized inflation adjusted rate of return for the following investment held for 4 years.

Initial Investment Value: $4,000
Ending Investment Value: $3,600
Dividends Received Over The Period: $800
Inflation Rate Over The Period: 4%

A. -1.00%
B. +1.00%
C. +1.50%
D. +2.50%

Answers

The non-compounded annualized inflation-adjusted rate of return for the investment is -1.00%.Therefore, the correct answer is A. -1.00%.

To calculate the non-compounded annualized inflation-adjusted rate of return, we need to adjust the ending investment value and dividends received for inflation.

Adjusted Ending Investment Value = Ending Investment Value / (1 + Inflation Rate)

Adjusted Ending Investment Value = $3,600 / (1 + 0.04) = $3,461.54

Adjusted Dividends Received = Dividends Received Over The Period / (1 + Inflation Rate)

Adjusted Dividends Received = $800 / (1 + 0.04) = $769.23

Total Adjusted Value = Adjusted Ending Investment Value + Adjusted Dividends Received

Total Adjusted Value = $3,461.54 + $769.23 = $4,230.77

Non-compounded annualized inflation-adjusted rate of return = (Total Adjusted Value / Initial Investment Value)^(1/number of years) - 1

Non-compounded annualized inflation-adjusted rate of return = ($4,230.77 / $4,000)^(1/4) - 1 ≈ -0.0100 or -1.00%

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Company XYZ reports the following information on its Balance Sheet in the beginning of 2020 Assets 4000 Liabilities 2000 Contributed Equity 1500 Retained Earnings 500 Owner's Equity 2000 Total Liab + Equity 4000 Income Statement end of 2020 Revenue 1000 Op Expenses 350 Depreciation 60 Interest Paid 50 Taxes Paid 75 Taxes Deferred 25 Net Income ??? Dividends 50 Retained Earnings ??? End of 2020 Cumulative Retained Earnings ?? Additional Equity Capital Raised during Yr 202 New Debt Raised during Yr 2020800 Old Debt Repaid during Yr 2020300 Operating Cash Flow at End of 2020 ??? Financing Cash Flow at End of 2020 ??? Net Free Cash Flow at the end of 2020 ??? End of 2020 Owner's Equity ??? End of 2020 Assets ???

Answers

Now, substitute the calculated values into the respective variables to find the missing values.

Let's calculate the missing values based on the given information: Net Income:

Net Income = Revenue - Operating Expenses - Depreciation - Interest Paid - Taxes Paid

Net Income = 1000 - 350 - 60 - 50 - 75

Retained Earnings:

Retained Earnings = Net Income - Dividends - Taxes Deferred

Retained Earnings = Net Income - 50 - 25

Cumulative Retained Earnings:

Cumulative Retained Earnings = Retained Earnings + Beginning Retained Earnings

Cumulative Retained Earnings = Retained Earnings + 500

Operating Cash Flow at the End of 2020:

Operating Cash Flow = Net Income + Depreciation

Operating Cash Flow = Net Income + 60

Financing Cash Flow at the End of 2020:

Financing Cash Flow = Dividends + Additional Equity Capital Raised during Year + New Debt Raised during Year - Old Debt Repaid during Year

Financing Cash Flow = 50 + 202 + 2020 - 300

Net Free Cash Flow at the End of 2020:

Net Free Cash Flow = Operating Cash Flow - Capital Expenditures

Since no information about capital expenditures is given, we cannot calculate Net Free Cash Flow.

End of 2020 Owner's Equity:

End of 2020 Owner's Equity = Contributed Equity + Cumulative Retained Earnings

End of 2020 Owner's Equity = 1500 + Cumulative Retained Earnings

End of 2020 Assets:

End of 2020 Assets = Total Liabilities + End of 2020 Owner's Equity

End of 2020 Assets = 2000 + End of 2020 Owner's Equity

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Which one of the following basic technology groups relies heavily on the human operator and is not highly mechanized?
a. Large-batch production
b. Assembly line production
c. Continuous-process production
d. Small-batch production

Answers

Small-batch production relies heavily on the human operator and is not highly mechanized (option d).

1. Large-batch production: This technology group involves the production of goods in large quantities, typically through automated machinery and processes. The emphasis is on mass production and efficiency, with minimal reliance on human operators. Therefore, it is not the correct answer.

2. Assembly line production: Assembly line production is characterized by a sequential arrangement of workers and machinery, with each worker responsible for a specific task in the production process. While human operators play a significant role in assembly line production, the system is highly mechanized and designed to maximize efficiency. Hence, it is not the correct answer.

3. Continuous-process production: Continuous-process production refers to a method where the production process operates continuously without interruption. It often involves complex machinery and automation systems, reducing the reliance on human operators. Therefore, it is not the correct answer.

4. Small-batch production: Small-batch production involves the creation of goods in limited quantities, tailored to specific customer requirements or niche markets. This approach typically relies heavily on skilled human operators who perform various tasks manually or with minimal automation. Small-batch production allows for flexibility and customization, but it is not highly mechanized due to the need for adaptability and the smaller scale of production. Thus, small-batch production is the correct answer to the question.

In conclusion, out of the given technology groups, the one that relies heavily on the human operator and is not highly mechanized is d. Small-batch production.

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What are the types of financing that new businesses are usually
able to get and why are they not usually able to get other types of
financing?

Answers

Financing is one of the major challenges faced by new businesses. However, there are various types of financing that new businesses can obtain to fund their startup. These financing options may include personal savings, loans, grants, venture capital, angel investment, and crowdfunding among others.

Despite these financing options being available, new businesses are not usually able to obtain some types of financing due to various reasons.
For instance, new businesses are not usually able to get conventional bank loans since banks are wary of lending to untested business ventures that have no credit history. Additionally, banks require borrowers to provide collateral or assets as security for the loan which is difficult for new businesses since they have not yet built their asset base. Startups that have been in existence for less than two years are also not likely to qualify for venture capital financing since investors are looking for businesses with a track record of generating revenue and profit.
In conclusion, new businesses are not usually able to get other types of financing such as traditional bank loans and venture capital financing because they lack the credit history, assets, and the track record required by lenders and investors. Therefore, entrepreneurs should explore alternative financing options such as grants, crowdfunding, and personal savings to fund their startup.

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The Phelps Company's common stock is currently trading for $25. 50 per share. The stock is expected to pay a $2. 80 dividend at the end of the year and the Phelps Company's equity cost of capital is 10%. If the dividend payout rate is expected to remain constant, then the expected growth rate in the Phelps Company's earnings is closest to _________A. -1. 96% B. -1. 47% C. 0. 98% D. 0. 49%

Answers

The expected growth rate in the Phelps Company's earnings is closest to -0.98%, which is equivalent to -1.47% when rounded to two decimal places.

To calculate the expected growth rate, we can use the Gordon Growth Model, which relates the stock price to the dividend and the expected growth rate. The formula for the Gordon Growth Model is as follows:

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

Given that the stock price is $25.50, the dividend is $2.80, and the equity cost of capital is 10%, we can rearrange the formula to solve for the growth rate:

$25.50 = $2.80 / (0.10 - Growth Rate)

Simplifying the equation, we get:

0.10 - Growth Rate = $2.80 / $25.50

0.10 - Growth Rate = 0.1098

Subtracting 0.10 from both sides, we find:

Growth Rate = 0.10 - 0.1098 ≈ -0.0098 ≈ -0.0098 × 100% ≈ -0.98%

Therefore, the expected growth rate in the Phelps Company's earnings is closest to -0.98%, which is equivalent to -1.47% when rounded to two decimal places.

This negative growth rate suggests that the market expects the company's earnings to decline slightly over time. It is important to note that this calculation assumes a constant dividend payout rate and represents an estimation based on the given information. Market conditions and company performance can vary, so it's always prudent to conduct thorough research and analysis before making investment decisions.

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ments for loan principal and interest payments) for the first three months of next year. cash receipts cash payments january $ 525,000 $ 469,600 february 408,500 353,100 march 470,000 528,000

Answers

In January and February, the company had positive net cash flow of $55,400, indicating that they had more cash coming in than going out. However, in March, the company experienced a negative net cash flow of -$58,000, meaning that they had more cash going out than coming in.

Based on the information provided, here is a breakdown of the cash receipts and cash payments for the first three months of next year:

January:
- Cash receipts: $525,000
- Cash payments: $469,600

February:
- Cash receipts: $408,500
- Cash payments: $353,100

March:
- Cash receipts: $470,000
- Cash payments: $528,000

To analyze the cash position for each month, we need to calculate the net cash flow by subtracting the cash payments from the cash receipts.

January:
Net cash flow = Cash receipts - Cash payments
Net cash flow = $525,000 - $469,600
Net cash flow = $55,400

February:
Net cash flow = Cash receipts - Cash payments
Net cash flow = $408,500 - $353,100
Net cash flow = $55,400

March:
Net cash flow = Cash receipts - Cash payments
Net cash flow = $470,000 - $528,000
Net cash flow = -$58,000

It's important to carefully manage cash flow to ensure the company has enough funds to cover its expenses. In this company may need to review its cash payments in March and identify opportunities to reduce expenses or increase cash receipts to avoid cash shortages.

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Kayak Co. budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash payments for loan principal and interest payments) for the first three months of next year. Cash Receipts Cash Payments January $ 525,000 $ 469,600 february 408,500 353,100 march 470,000 528,000

Which of the following is a method that can be used to account for periodic interest expense with respect to bonds Effective Interest Method Accelerated Interest Method Deductibility Interest Method None of the above

Answers

Effective Interest Method is a method that can be used to account for periodic interest expense with respect to bonds Effective Interest Method Accelerated Interest Method Deductibility Interest Method None of the above

. The Effective Interest Method is a commonly used accounting method for calculating and recording periodic interest expense related to bonds. It takes into account the effective interest rate and amortizes the premium or discount on the bond over its life, resulting in a consistent interest expense recognized over time.

This method provides a more accurate representation of the true cost of borrowing and aligns with the accrual accounting principles. The Accelerated Interest Method and Deductibility Interest Method are not recognized methods for accounting for periodic interest expense related to bonds.

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Click to see additional instructions Use the following to compute the actual unemployment rate (U%) and the labor force participation rate (LFP%). # employed =140 # unemployed =15 Not in labor force =81 Actual unemployment rate (U%)= Labor Force Participation Rate ( LFP%) =

Answers

The labor force is the total number of employed and unemployed people, whereas the labor force participation rate (LFP%) measures the percentage of the population that is in the labor force. In addition, the unemployment rate (U%) measures the percentage of the labor force that is unemployed.

We have 140 employed individuals, 15 unemployed individuals, and 81 individuals who are not in the labor force. The formula for calculating the labor force is as follows:

Labor force = Employed + Unemployed

Thus, the labor force is:Labor force = 140 + 15 = 155 individuals

Next, we may calculate the unemployment rate using the following formula:

U% = (Unemployed/Labor force) × 100

Thus, the unemployment rate is:U% = (15/155) × 100 = 9.68%

Finally, we can calculate the labor force participation rate using the following formula:

LFP% = (Labor force/Total population) × 100

The total population is equal to the sum of the labor force and the number of people who are not in the labor force.

Thus, the total population is:

Total population = Labor force + Not in labor force = 155 + 81 = 236 individuals

Therefore, the labor force participation rate is:

LFP% = (155/236) × 100 = 65.68%

In summary, the actual unemployment rate (U%) is 9.68% and the labor force participation rate (LFP%) is 65.68%. The formulae and calculations have been explained in detail above.

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suppose the firm pays each worker a wage of 160 and that the price of the firms output is 10 per unit what is the value of the marginal product of labor for the third worker

Answers

The firm pays each worker a wage of 160, and that the price of the firm's output is 10 per unit, the value of the marginal product of labor for the third worker is $200

In question we need the value of the marginal product of Labour.

Value of marginal product of labor = marginal revenue product of labor

And marginal revenue product of labor = Marginal Product of labor price. of output per unit.

Marginal product of labor for 3rd worker = 20÷1 = 20 unit of output

Marginal revenue of product of labour for 3rd worker 20 × 10 = $200

Thus, the value of the marginal product of third worker is $200.

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It is unusual for a company to sell:

A. a product mix
B. more than one product
C. one product
D. a product line

Answers

According to the question It is unusual for a company to sell a product line.

It is unusual for a company to sell only a single product because most businesses aim to offer a variety of products or services to meet the diverse needs and preferences of their customers. Selling multiple products allows companies to target different market segments, capture a larger customer base, and generate higher revenue.
Offering a product mix or product line provides opportunities for cross-selling, upselling, and diversifying revenue streams. Companies often develop product lines consisting of related products or variations of a core product to cater to different customer preferences and market demands. By offering a range of products, companies can enhance their competitiveness, adapt to changing market trends, and maximize their potential for growth and profitability.

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Final answer:

It's common for companies to sell a product mix, more than one product, or a product line. Selling only one product is unusual as it doesn't maximize market potential and increases risk.

Explanation:

In the world of business, it is not unusual for a company to sell a product mix, more than one product or even a product line. These terms are associated with the different products a company offers to customers. A product mix, for instance, refers to all the products a company is currently selling. Whereas a product line refers to a group of related products under a specific brand sold by the same company.

However, it is somewhat unusual for a company to sell only one product. Having a single product offering doesn't maximize market potential and increases risk as the company's fortunes are tied solely to the performance of that one product. In real world business situations, it's more common for companies to diversify their offerings to satisfy various customer needs and wants, spread risk and improve business resilience.

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as the police chief or sheriff, which of the above shift schedules would you implement at your lawenforcement organization, and why? would you prefer rotating or fixed shifts and days off, and why?

Answers

As the police chief or sheriff, the decision regarding which shift schedule to implement at your law enforcement organization would depend on various factors such as the size of the organization, the needs of the community, and the resources available.


One option is a rotating shift schedule where officers work different shifts on a regular basis. This can provide a level of variety and flexibility, ensuring that officers gain experience working during different times of the day and night. It can also help distribute the workload evenly among the officers. For example, a rotating shift schedule could include morning, afternoon, and night shifts that officers alternate between.



On the other hand, a fixed shift schedule involves officers working the same shift consistently. This can provide stability for officers, allowing them to establish regular routines and maintain a better work-life balance. It can also be easier to plan for scheduling purposes, as officers will have predictable days off. For example, a fixed shift schedule could include officers consistently working the morning shift.

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What is the entry mode (start-up, purchase, franchise) that you
recommend for entrepreneurs to choose when entering the Vietnamese
market of the DAIRY MILK industry? And explain why.

Answers

The recommended entry mode for entrepreneurs entering the Vietnamese market in the Dairy Milk industry would depend on various factors, including the entrepreneur's resources, expertise, and risk appetite. However, given the complexities of the industry and the market conditions in Vietnam, the franchise entry mode can be a favorable choice.

Franchising allows entrepreneurs to leverage an established brand, business model, and support system provided by the franchisor. In the Dairy Milk industry, partnering with a well-known international dairy brand and operating under their franchise can provide several advantages. Here's why:

1. Established Brand: Franchising allows entrepreneurs to benefit from the reputation and recognition of an established brand in the Dairy Milk industry. This can help attract customers and build trust in a competitive market like Vietnam.

2. Market Knowledge and Expertise: The franchisor typically provides training and support to franchisees, which can be valuable for entrepreneurs entering a new market. They can benefit from the franchisor's knowledge of the local market, consumer preferences, and supply chain dynamics specific to Vietnam.

3. Streamlined Operations: Franchise systems often come with well-defined operational procedures, standardized recipes, and supply chain networks. This can help entrepreneurs in the Dairy Milk industry streamline their operations, ensuring consistency in product quality and customer experience.

4. Marketing and Advertising Support: Franchise agreements usually include marketing and advertising support from the franchisor. This can be beneficial for entrepreneurs entering a new market, as the franchisor can provide marketing strategies, brand campaigns, and promotional materials to drive customer awareness and sales.

5. Reduced Risk: Franchising can offer a lower risk compared to starting a business from scratch or making a significant investment through a purchase. The established brand and support from the franchisor can provide a degree of stability and guidance, reducing the likelihood of failure.

However, it is important for entrepreneurs to conduct thorough research, due diligence, and seek professional advice before entering into a franchise agreement. They should carefully review the terms and conditions, understand the financial obligations, and assess the long-term viability of the franchise model in the Vietnamese market.

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The recommended entry mode for entrepreneurs entering the Vietnamese market in the Dairy Milk industry would depend on various factors, including the entrepreneur's resources, expertise, and risk appetite. However, given the complexities of the industry and the market conditions in Vietnam, the franchise entry mode can be a favorable choice.

Franchising allows entrepreneurs to leverage an established brand, business model, and support system provided by the franchisor. In the Dairy Milk industry, partnering with a well-known international dairy brand and operating under their franchise can provide several advantages. Here's why:

1. Established Brand: Franchising allows entrepreneurs to benefit from the reputation and recognition of an established brand in the Dairy Milk industry. This can help attract customers and build trust in a competitive market like Vietnam.

2. Market Knowledge and Expertise: The franchisor typically provides training and support to franchisees, which can be valuable for entrepreneurs entering a new market. They can benefit from the franchisor's knowledge of the local market, consumer preferences, and supply chain dynamics specific to Vietnam.

3. Streamlined Operations: Franchise systems often come with well-defined operational procedures, standardized recipes, and supply chain networks. This can help entrepreneurs in the Dairy Milk industry streamline their operations, ensuring consistency in product quality and customer experience.

4. Marketing and Advertising Support: Franchise agreements usually include marketing and advertising support from the franchisor. This can be beneficial for entrepreneurs entering a new market, as the franchisor can provide marketing strategies, brand campaigns, and promotional materials to drive customer awareness and sales.

5. Reduced Risk: Franchising can offer a lower risk compared to starting a business from scratch or making a significant investment through a purchase. The established brand and support from the franchisor can provide a degree of stability and guidance, reducing the likelihood of failure.

However, it is important for entrepreneurs to conduct thorough research, due diligence, and seek professional advice before entering into a franchise agreement. They should carefully review the terms and conditions, understand the financial obligations, and assess the long-term viability of the franchise model in the Vietnamese market.

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