Answer:
the work in process should be debited for $13,520 and factory overhead should be credited for $96,000
Explanation:
The computation is shown below;
Work in process is
= $96,000 ÷ 12,000 × 1,690
= $13,520
So here the work in process should be debited for $13,520 and factory overhead should be credited for $96,000
Therefore the same would be considered and relevant
The same is fit to the given situation
Which list of accounts below, identifies only accounts that would appear on a balance sheet. Multiple choice question. Supplies Expense, Supplies, Dividends Rental Revenue, Accounts Payable, Accounts Receivable Common Stock, Equipment, Accounts Payable Wages Expense, Cash, Supplies g
Answer:
See below:
Explanation:
supplies, dividends, accounts payable, accounts receivable, common stock, equipment, accounts payable, cash
the last one is “supplies g” ? I don’t know what this is supposed to be. Supplies was already listed and is on the balance sheet. Supplies expense was also already listed and is not on a balance sheet.
True or False:
A target market is the group of people lease likely to buy your product.
True
Explanation:
A target market is a group of people Or organisations for which an organisation designed, implements, and maintains a Marketing mix indeed to meet the needs of that group, resulting in mutually satisfying exchanges.
Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank offers to lend you the $50,000, but it will charge 6.0%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks? a. 1.56% b. 1.30% c. 0.72% d. 0.91% e. 1.09%
Answer: d. 0.91%
Explanation:
Farmers Bank
Effective annual rate is calculated with the formula:
= (1 + Rate / number of compounding period in a year) ^ number of compounding periods in a year - 1
= ( 1 + 5%/4 quarters) ⁴ - 1
= 5.09%
Merchants bank's rate is already an annual figure so there is no need for conversion.
Difference is:
= 6% - 5.09%
= 0.91%
Roadway Corporation produces a special line of plastic toy racing cars. Roadway Corporation , produces the cars in batches. To manufacture a batch of the cars, Roadway Corporation , must set up the machines and molds. Setup costs are batch-level costs because they are associated with batches rather than individual units of products. A separate Setup Department is responsible for setting up machines and molds for different styles of car. Setup overhead costs consist of some costs that are variable and some costs that are fixed with respect to the number of setup-hours. The following information pertains to June 2015: Actual Static-budget Amounts Amounts Units produced and sold 15,700 11,950 Batch size (number of units per batch) 325 265 Setup-hours per batch 3 4.25 Variable overhead cost per setup-hour $48 $45 Total fixed setup overhead costs $11,310 $9,010 Calculate the efficiency variance for variable overhead setup costs. (Round all intermediary calculations two decimal places and your final answer to the nearest whole number.) Group of answer choices $435 Favorable $4,810 Favorable $4,810 Unfavorable $435 Unfavorable
Answer:
the efficiency variance for variable overhead setup costs is $4,810 favorable
Explanation:
The computation of the efficiency variance for variable overhead setup costs is shown below;
= ((15,700 ÷ 265) × 4.25) × $45 - ((15,700 ÷ 325) × 3) × $45
= $11,330.6604 - $6,521.5384
= $4,809.12 favorable
= $4,810 favorable
hence, the efficiency variance for variable overhead setup costs is $4,810 favorable
A process is in control and centered at nominal. Output from the process is normally distributed and the process capability index, Cp, equals 1.02. Determine the expected number of nonconforming units that will result from a production run of 20,000 units. Assume that all previously stated conditions regarding the process remain as described during the production run of 20,000 units.
Answer:
44 nonconforming units
Explanation:
Calculate The expected number of nonconforming units
Given that :
Cp = 1.02
number of units ( N ) = 20,000
standard deviation of defective units = 3 * 1.02 = 3.06
proportion of defective units = 1 - P ( -3.06 < Z < 3.06)
= 1 - ( 0.9989 - 0.0011 ) = 1 - 0.9978 = 0.0022
Hence the number of nonconforming units
= N * proportion of defective units
= 20,000 * 0.0022 = 44
Which of these are considered both short- and long-term investments? Select four options.
CDs
stocks
savings accounts
mutual funds
bonds
commodities
Edge answers please
Answer:
CDs
Stocks
Mutual funds
Commodities
Explanation:
:)
'Investments' are defined as the 'process of allocating money having an aim of receiving a profit.'
The items that can be considered as both the short, as well as, long-term investments would be:
A). CDs
B). Stocks
C). Mutual funds
E). Commodities
A CD or Certificate of Deposit(CD) is characterized as both the 'short, as well as, long-term' investment because it provides interest and offers a lump-sum on its maturity. Stocks are also such an investment as it offers both intra-day trade and long-term holding options as well. Mutual funds are also a good option for generating both regular incomes in the short-term and big capital gain over a time period. Commodities like gold, crude oil, etc. also offer such an option as it is the item whose price keeps growing and thereby providing an opportunity to earn.Thus, options A, B, C, and E are the correct answers.
Learn more about 'short-term investment' here:
brainly.com/question/16462918
Roxy Inc. issued 3,000 shares of no-par common stock with a stated value of $5 per share. The market price of the stock on the date of issuance was $14 per share. The entry to record this transaction includes a
Answer and Explanation:
The journal entry to record the issuance of the common stock is shown below;
Cash Dr (3,000 shares × $14) $52,000
To Common stock (3,000 shares × $5) $15,000
To Additional paid in capital $27,000
(being the issuance of the common stock is recorded)
Here the cash is debited as it increased the asset and credited the common stock & additional paid in capital as it also increased the equity
Joelle, a designer for a business
Answer:
that's really nice to hear but is this suppose to be an English assignment?
a. Simulation can be used to analyze large and complex real-world situations that cannot be solved by using conventional quantitative analysis models b. Simulation can answer what-if types of questions c. Simulation can be used to study the interactive effect of individual components or variables in order to determine which ones are important d. All of the above statements are correct
Answer:
D). All of the above statements are correct.
Explanation:
Simulation can be described as the process designed to offer a realistic experience in order to know the actual mechanism of a specific behavior or outcome.
As per the question, 'all the given statements' are asserting true claims with respect to simulation. Simulation is characterized as an effective process for evaluating large and complicated actual-world circumstances as it is a realistic environment to know the truth and actual causes behind those situations. Such situations cannot be assessed truly using the traditional quantitative models of analysis. It is able to provide answers to the questions like 'what-if' as it observes the realistic nature and promotes effective decision-making. It is also employed to investigate the collective effect of specific variables or components to categorize them as important or not-important as it closely observes every aspect. Thus, option D is the correct answer.
g Segmented Markets Theory of the Yield Curve A. Notes or bonds of different maturities are not substitutes for each other B. Notes or bonds of different maturities are substitutes for each other C. Notes or bonds of different maturities are inversions of each other D. Explains why the yield curve is normally downward sloping
Answer:
A
Explanation:
The segmented Markets Theory of the Yield Curve is a traditional theory explaining the term structure of interest rates
According to the theory, the yield curve is divided into different maturities and investors determine the yield curve by their demand and supply for funds of different maturities.
Each maturity is viewed as a segmented market in which the yield is determined independently from the yields of other maturities
The theory assumes that investors are unwilling or unable to invest in other securities than that with their preferred maturity. As a result, the yield of securities in a maturity is determined only by the demand and supply of funds in that maturity. It also implies that Notes or bonds of different maturities are not substitutes for each other
In a proposal to install and monitor a security system statements such as "our company has over 25 years of experience" should appear in what section
Introduction
Body
Closing
Appendix
On June 1, 20X1, Conner Company, a new firm, paid $4,300 rent in advance for a five-month period. The $4,300 was debited to the Prepaid Rent account. On June 1, 20X1, the firm bought supplies for $7,250. The $7,250 was debited to the Supplies account. An inventory of supplies at the end of June showed that items costing $2,950 were on hand. On June 1, 20X1, the firm bought equipment costing $44,160. The equipment has an expected useful life of 8 years and no salvage value. The firm will use the straight-line method of depreciation. Prepare end-of-June adjusting entries for Conner Company.
Answer:
No Account and explanation Debit Credit
1. Rent expense ($4,300/5) $860
Prepaid rent $860
(To record adjusted rent expense)
2. Supplies expense (7,250-2,950) $4,300
Supplies $4,300
(To record adjusted supplies)
3. Depreciation expense $460
[(44,160/8)/12]
Accumulated depreciation $460
(To record depreciation)
Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard deviation of 16%. B has an expected rate of return of 8% and a standard deviation of 12%. The risk-free portfolio that can be formed with the two securities will earn a(n) _____ rate of return.
Who creates supply in a capitalist society?
O the seller
O the buyer
O the president
O government
Answer:
President
Explanation:
The president because they are the ones protecting the country
The discount rate used to calculate the net present value of a capital budgeting project should be: a. The risk-free rate. b. The weighted average cost of capital. c. LIBOR. d. The internal rate of return.
Answer:
B
Explanation:
Capital budgeting is the determination of the profitability of proposed investments
One of the capital budgeting methods is the net present value
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
the Weighted cost of capital is used to determine NPV
WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate)
It is the minimum rate of return a company expects from a project
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a captial budgeting method
If a technology displays increasing returns to scale, then: a. The TC curve is increasing at a decreasing rate. b. The ATC curve is increasing at a decreasing rate. c. The TC curve is increasing at an increasing rate. d. The ATC curve is increasing at an increasing rate.
Answer:
The ATC curve is increasing at a decreasing rate.
Explanation:
Increasing returns to scale is when input used in production process in increased and output increases more than the proportion of the input used.
for example, if technology is increased by 20% and output increases by 50%.
When an input displays increasing returns to scale, the average total cost increases at a decreasing rate. this is because less input is used to produce more output
4. Suppose that the exchange rate adjusts so that interest-rate parity holds. Further, suppose the interest rate on a one-year South Koran bond is 6 percent and the interest rate on a one-year U.S. bond is 2 percent. a) If you expect the exchange rate in one year to be 1,100 South Korean won per USD, what is the exchange rate today
Answer:
The exchange rate today is 1,058.5
Explanation:
Interest rate on 1 year South Korean bond = 6% or 0.06
Interest rate on 1 year U.S. bond = 2% or 0.02
Expected Exchange rate in 1 year = 1,100 South Korean won per USD. Let the Exchange rate today = x
[(Interest rate on South Korean bond - Interest rate on U.S. bond)/(1 + Interest rate on 1 year U.S. bond)] + 1 = (Expected Exchange rate in 1 year)/(Expected Exchange rate today)
[(0.06 - 0.02)/(1 + 0.02)] + 1 = 1,100/x
x = [0.04/1.02] + 1 = 1,100/x
x = 1,100/1.0392
x = 1,058.50
So therefore, the exchange rate today is 1,058.5
The market risk premium is 8 percent. · The beta on Fiscal Cliff's common stock is 2.3. · The company's retained earnings are sufficient so that they do not have to issue any new common stock to fund capital projects. · The company's tax rate is 40 percent. Given this information, what is Fiscal Cliff's WACC? A. 9.21% B. 12.58% C. 8.17% D. 7.63% E. 11.35%
Answer:
A. 9.21%
Explanation:
WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt
Cost of Equity calculation :
Cost of Equity = Interest from risk free security + beta x market premium
= 3.00 % + 2.3 x 8.00%
= 21.40 %
Cost of Debt calculation :
PV = - $700
FV = $1,000
N = 25
PMT = $1,000 x 8% = $80
P/YR = 1
I/YR = ???
The Bond`s yield will be the cost of debt. The cost of debt using a financial calculator i/yr is 11.76 %
But,
We always use the After tax cost of debt,
After tax cost of debt = interest x (1 - tax rate)
= 11.76 % x (1 - 0.40)
= 7.056 %
therefore,
WACC = 21.40 % x 15 % + 7.056 % x 85 %
= 9.2076 or 9.21 %
Which of the following is NOT a form of installment credit?
Group of answer choices
Old Navy Credit Card
Mortgage
Auto Loan
Student Loan
Answer:
Auto Loan(c)
Explanation:
Answer:
Auto Loan(c)
Explanation:
the authors cited statistical evidence that the price elasticity of demand for royal crown cola is -2.4, and the price elasticity of demand for coke is roughly -5.5. Which firm likely has stronger brand loyalty among customers that provides greater potential for monopoly power in the cola market
Answer:
royal crown cola
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded
both companies have an elastic demand because their coefficient of elasticities is greater than 1. Coke has a higher elasticity as a result, consumers would respond sharply to changes in price. this makes them enjoy less brand loyalty when compared with royal crown cola that has a lower elasticity of demand
John Company could buy a machine that costs $72,000. It is estimated that it earn nothing until year five, then earn $150,000 in year 5. If the discount figures are .567 for cash received at the end of five years and 3.605 for payments received every year for five years, what is the net present value for this machine
Answer:
$13,050
Explanation:
Net present value is a method of capital budgeting.
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Net present value = (cash flow in year 5 x year 5 discount rate) - Initial Investment
($150,000 x 0.567) - $72,000
85,050 - $72,000 = $13,050
Please submit your idea for a practical, innovative, and marketable product or service (it’s just for a project)
Um...I decided to share these ideas because they are an upgrade of the things we use in daily life. These inventions make things more fun.
Banana skin caution wet floor signs. Fun caution signs shaped like slippery bananas. ...
Basket ball hoop over trash can. Trash cans where you can slam dunk your trash. ...
Create your own 6-pack machine. Machines where you can pick your own 6-pack. ...
Rechargeable USB batteries. Batteries you can charge via USB. ...
Slides beside stairs.
Sunglasses with solar-powered fans. ...
a TV channel that only plays commercials. ... (for stores)
The Federal Open Market Committee a. by law must focus on maintaining low inflation rather than stabilizing output. b. by law must follow a mechanical rule that takes into account deviations of unemployment from its natural rate and deviations of inflation from a target. c. operates with almost complete discretion over monetary policy. d. by law must focus on stabilizing output rather than maintaining low inflation.
Answer:
c. operates with almost complete discretion over monetary policy.
Explanation:
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
The FOMC are typically responsible for making monetary policy and the determination of the direction of the monetary policy in the United States of America.
Hence, the Federal Open Market Committee (FOMC) are saddled with the responsibility to operate with almost complete discretion of its members over monetary policy in a particular country.
Young Company has the following assets and liabilities: Assets Cash $35,000 Accounts receivable 15,000 Inventory 30,000 Equipment 50,000 Liabilities Current portion of long-term debt $10,000 Accounts payable 2,000 Long-term debt 25,000 Determine the quick ratio (rounded to one decimal point).
Answer: 4.2
Explanation:
The quick ratio will be calculated as:
= Current assets / Current liabilities
where,
Current asset = Cash + Account receivable = $35000 + $15000 = $50000
Current liabilities = Long term debt + Account payable = $10000 + $2000 = $12000
Quick ratio = Current assets / Current liabilities
= $50000 / $12000
= 4.2
_____________ planning focuses on delivering products or services to consumers as well as warehousing, delivering, invoicing, and payment collection.
Answer:
Distribution
Explanation:
Distribution is one of the phases in production. It is often said that production is not complete until goods and services gets to the final consumers. Distribution planning entails getting the goods produced to consumers as well as warehousing them. It also entails delivery, invoicing and payment collections.
As the last chain in production processes, distribution planning makes goods and services produced gets to the final consumes whilst also taking care of the logistics involved and payment collections.
In supply chain, the bullwhip effect produces progressively larger inventories as demand variation increases upstream. A primary reason for this supply behavior is: Select one: a. Suppliers announce price reduction. b. Supply shortages stimulate small lot size production. c. Perceived shortage causes buyers to inflate orders. d. Suppliers increa
Answer:
c. Perceived shortage causes buyers to inflate orders.
Explanation:
The bullwhip effect phenomenon is when the demand forecasts of buyers of a product results in supply inefficiencies.
Demand and supply are related in that an increase in supply results in lower prices of goods and demand rises, and vice versa.
In the bullwhip phenomenon available inventory of a product varies on the basis of demand.
For example an increase in perceived demand for a product will result in an increase in inventory from the supplier and price goes down.
On the other hand when there is a perceived shortage of a product buyers will tend to inflate orders and price will eventually rise
organizing can be defined as
Organizing simply refers to the execution of plans, by assigning jobs as well as the successful deployment of resources for a specific result/aim/goal.
Feel free to mark as brainliest :D
The Beranek Company, whose stock price is now $30, needs to raise $13 million in common stock. Underwriters have informed the firm's management that they must price the new issue to the public at $25 per share because of signaling effects. The underwriters' compensation will be 6% of the issue price, so Beranek will net $23.50 per share. The firm will also incur expenses in the amount of $165,000. How many shares must the firm sell to net $13 million after underwriting and flotation expenses
Answer:
858,085 shares must be sold
Explanation:
Net amount to be raised $ 13,000,000
Add: floatation expenses 165,000
Amount to be available after
payment of underwriting compensation 20,165,000
No of shares to be issued at 23.50 $ = 20,165,000/23.50 = shares, rounded off to 858,085 shares.
858,085 shares must be sold
Grace is a self-employed sales consultant who spends significant time entertaining potential customers. She keeps all the appropriate records to substantiate her entertainment. She has the following expenses in the current year:
Meals where business was conducted $5,000 Greens fees (all business) 500
Tickets to baseball games (all business) 500
Country Club dues (all business use) 6,000
What are the tax-deductible meals and entertainment expenses Grace may claim in the current year? On which tax form should she claim the deduction?
Answer:
any options?
Explanation:
Answer: Schedule C
Explanation:
ILL GIVE BRAINLIEST Jessie has been renting for several years and although many of his friends have purchased a home, Jessie believes renting is best for him. What is one advantage Jessie receives from renting? *
A. privacy
B. tax deductions received
C. greater flexibility in moving
D. ability to make permanent changes to his apartment
Answer:
B and D
Explanation:
Answer:
maybe it is c greater flexibility in moving
or none of them are that much profit