TB MC Qu. 10-144 (Algo) Doogan Corporation makes a product ... Doogan Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 2.0 grams $ 7.00 per gram Direct labor 0.8 hours $ 16.00 per hour Variable overhead 0.8 hours $ 4.00 per hour The company produced 4,400 units in January using 10,140 grams of direct material and 2,120 direct labor-hours. During the month, the company purchased 10,710 grams of the direct material at $7.40 per gram. The actual direct labor rate was $16.95 per hour and the actual variable overhead rate was $3.70 per hour. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for January is:

Answers

Answer 1

Answer:

Material quantity variance = $9,380 adverse

Explanation:

A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite

We can calculate it as follows:

                                                                                         grams

4,400 units should have used (4,400× 2 grams)            8,800

but did use                                                                      10,140

                                                                                   1,340 adverse

standard price per g                                                × $7______

Material quantity variance                                           $ 9,380 adverse

Material quantity variance = $9,380 Adverse


Related Questions

Assume that the reserve requirement is 10 percent. Also assume that banks do not hold excess reserves and there is no cash held by the public. The Federal Reserve decides that it wants to contract the money supply by $50 million using open-market operations.In order to accomplish its goal, the Fed needs to

Answers

Answer:

In order to accomplish its goal, the Fed needs to sell $5 million value of bonds.

Explanation:

First, we need to calculate the value of the bonds

Value of bond = Amount of Money supply x Reserve requirement rate

Where

Amount of Money supply = $50 million

Reserve requirement rate = 10%

Placing values in the formula

Value of bond = $50 million x 10%

Value of bond = $5 million

To increase the money supply the bonds are needed to be sold in the market.

Hence, In order to accomplish its goal, the Fed needs to $5 million value of bonds.

Identify messages that you have seen or heard from several companies?​

Answers

Answer:

Integrated marketing communication can be described as the use of marketing strategies to optimizethe communication of a consistent message of the company’s brands to stakeholders. Messages areused by organizations to communicate about themselves and the value of the product they offer. I have seen these kind of messages from several companies. One of them is Telekom Networks of Malawi. This company provide communication services in Malawi. Their slogan is “always with you”. I can say that the company is consistent with its message across the market they are targeting because their adverts are everywhere (internet, newspapers, Magazine e.t.c) so as their services, assuch they reach their targets and deliver their promises, and also the services they provide are in line with their slogan, for example, they provide airtime on credit when one need it most.

You live in the U.S. and want to invest in a Japanese company because you believe its stock is uniquely positioned to be unusually profitable over the next 2 years. However, you do not have access to the Japanese financial markets. You could still invest in this stock if the company: a. issues Samurai bonds. b. will agree to a swap. c. issues Eurobonds. d. trades as an ADR. e. issues gilts.

Answers

Answer: d. trades as an ADR

Explanation:

American Depository Receipts (ADR) allow for Americans to trade on foreign stock as if they were trading in American stocks. It works by a bank buying a lot of shares in the Japanese company for instance.

They will then reissue these stock as ADRs in the American stock exchanges and also value the ADR based on their valuation models to find out the ratio of ADR to share quantity. If the Japanese company is trading as an ADR. you will be able to invest in them from the United States.

When you receive your monthly credit card statement, the balance refers to the ______________.
A credit card limit
B amount you spent
C interest charged

Answers

Answer:

B

Explanation:

the answer is amount you spent

How does your experience with leadership and management compare with the case of
Starbucks?

Answers

The correct answer to this open question is the following.

Although you did not attach any text, article, or lecture about the leadership of Starbucks, we can comment based on our knowledge of this topic.  

Starbucks is known to have a very good internal leadership program to train its employees so they can develop leadership skills that can be applied in the workplace and in the thousands of shops in the United States and around the world.

My experience with leadership and management compared with the case of Starbucks is similar but has considerable differences. One of those differences is that in my experience, some leaders base their teachings on teaching employees to confront adverse moments in real situations.

Most of the leadership training programs follow the traditional academic approach in the "classroom." And that is ok. However, facing real-life cases is a more effective approach.

Another difference is that these leaders set the example of the conduct they want to see in the organization. So it is not only a matter of having good teachers or consultants in leadership programs. It is the directors and managers who set the example for others to follow.

I NEED HELP ASAP

Type the correct answer in the box. Spell all words correctly.
What is the advantage of employing more than one sales channel?
Employing more than one sales channel is useful to lessen the ______ that arise from dependence on specific clients or markets.

Answers

Answer:

The risks

Explanation:

That is what goes in the blank

Answer:

risks

Explanation:

correct on edmentum

Identify the relevant total quality management (TQM) technique for each example or description in the following table.
Example/Description
1.When a defense company needed to create quality software, they brought representatives from the Quality Assurance (QA) group in to work with software and systems engineers. The QA group found that peer reviews were the best way to catch software bugs, and they shared their knowledge with the head of software engineering. Working together with the engineers, the QA group started a system of peer reviews and formal inspections, and together, the group decreased the number of problems in the software the company produced.
A. Quality partnering
B. Continuous improvement
C. Quality circle
D. Benchmarking
2.Wausau Window and Wall Systems started this process with a commitment from the CEO that he and all other managers in the company would be trained in program fundamentals. Using this problem-solving methodology, Wausau relentlessly pursued higher quality and lower costs at its window trim plant. Intensive analysis led to a redesigned workflow that improved productivity by 100%.
A. Benchmarking
B.Continuous improvement
C. six sigma
D. Quality circle
3. At the Franklin Steel Products Plant in Franklin, Kentucky, employees from the Dana Corporation’s Perfect Circle Products unit manufacture as many as 3,500 different part numbers, primarily for automakers Ford, General Motors, and DaimlerChrysler, as well as thousands of after-market products. Despite the high-volume, high-mix environment, Dana Franklin has maintained a 99% on-time delivery rate to customers since 2001. The philosophy here is that with each unit produced, with each hour, with each day and each week, the plant gets just a little bit better.
A. Six Sigma
B. Quality circle
C. Continuous Improvement
D.Benchmarking
4.Which of the following factors is likely to have a negative impact on the success of a TQM program? Check all that apply.
A. TQM motivates employees and enriches jobs.
B. Middle managers fear that they will lose their authority.
C.Managers expect to see dramatic innovations as a result of TQM.
D. Employees are dissatisfied with working conditions.

Answers

Answer:

Following are the responses to the given choices:

Explanation:

In question 1 the answer is "Choice A" because this technology and creation of such technology staff are more knowledgeable but interacting within their various organizations is necessary to understand a business strategy to build appropriate solutions. In the current context   Interplay with QA service also helped to provide the best options.  In question 2 the answer is "Choice C" because it simply put, six-sigmas can identify which areas of changes related to the production system using the resources at the lowest cost possible. It is beneficial at a cheaper price.  In question 3 the answer is "Choice C" because  The Efficiency on a continuous basis by evaluating all of the areas necessary Its change by optimal use of that was a sign of high potential growth and development.In question 4 the answer is "Choice B, C, and D" TQM represents Total Quality Management, which indicates that it considers all areas necessary to improve and advance in general.

If the consumption function is defined as C = 5,500 + 0.9Y, what is the
autonomous level of consumption expenditure?
A. $4,950
B. $5,500
C. $6,050
D. $6,111

Answers

Answer:

Option B ($5,500) is the appropriate choice.

Explanation:

The given expression is:

⇒  [tex]C = 5,500 + 0.9Y[/tex]

At the zero (0) level of income, the consumption would be the Autonomous consumption.

then,

Y = 0

On substituting the value of "Y" in the given expression, we get

⇒  [tex]C=5,500+0.9(0)[/tex]

⇒      [tex]=5,500+0[/tex]

⇒      [tex]=5,500[/tex] (%)

Materials used by the Instrument Division of Ziegler Inc. are currently purchased from outside suppliers at a cost of $1,350 per unit. However, the same materials are available from the Components Division. The Components Division has unused capacity and can produce the materials needed by the Instrument Division at a variable cost of $900 per unit. a. If a transfer price of $1,000 per unit is established and 75,000 units of materials are transferred, with no reduction in the Components Division's current sales, how much would Ziegler Inc.'s total operating income increase

Answers

Answer:

the increase in the total operating income is $33,750,000

Explanation:

The calculation of the increase in the total operating income is given below:

= Material units × (outside supplier unit - variable cost per unit)

=75,000 units × ($1,350 - $900)

= $33,750,000

Hence, the increase in the total operating income is $33,750,000

We simply applied the above formula so that the correct amount could come

And, the same is relevant

Beginning investments should be?

Answers

Answer:

Investment Beginner

There are plenty of investments for beginners, including mutual funds and robo-advisors.

Here are six investments that are well-suited for beginner investors.

401(k) or employer retirement plan.

A robo-advisor.

Target-date mutual fund.

Index funds.

Exchange-traded funds (ETFs)

Investment app

Explanation:

Mr. and Mrs. Maxwell are equal partners in Family partnership. The Maxwell's marginal tax rate is 35%. Next year, the partnership is expected to generate $200,000 of ordinary income. The Maxwells are considering transferring 20% interests in the partnership to each of their children. Their daughter, Melissa, has a 12% marginal tax rate. Their son, Mark, has a 22% marginal tax rate. Calculate the expected annual tax savings to the family from the proposed transfer of partnership interests.

Answers

Answer:

The right answer is "$14,400". A further solution is provided below.

Explanation:

The given values are:

Ordinary income,

= 200,000

Maxwell's marginal rate,

= 35%

Melissa's marginal rate,

= 12%

Mark's marginal rate,

= 22%

Now,

Form transfer to Melissa, the savings will be:

= [tex]200000\times .2\times (35 - 12) \ percent[/tex]

= [tex]920 0[/tex] ($)

Form transfer to Mark, the savings will be:

= [tex]200000\times .2\times (35-22) \ percent[/tex]

= [tex]5200[/tex] ($)

hence,

The expected annual tax savings will be:

= [tex]9200+5200[/tex]

= [tex]14,400[/tex] ($)

Vijay Inc. purchased a three-acre tract of land for a building site for $310,000. On the land was a building with an appraised value of $125,000. The company demolished the old building at a cost of $12,600, but was able to sell scrap from the building for $1,610. The cost of title insurance was $880 and attorney fees for reviewing the contract were $410. Property taxes paid were $3,000, of which $170 covered the period subsequent to the purchase date. The capitalized cost of the land is:

Answers

Answer:

See below

Explanation:

Given the above information, the capitalised cost of the land is computed as seen below;

M9.5 Peter Sagan is in charge of maintaining hospital supplies at Champs Hospital. During the past year the mean weekly demand for a special type of tubing was 186 packages of this tubing with a standard deviation of 13 packages of tubing. The lead time for receiving this tubing from the supplier is 1.5 weeks. Peter would like to maintain a 95% service level and places an order for 750 packages every time an order is placed. a) How much safety stock should be used for a 95% service level

Answers

Answer:

26 packages

Explanation:

Given that:

The demand D = 186 packages in a week

Standard deviation  = 13packages

The lead time L = 1.5 weeks

Order quantity Q = 750 packages

The Confidence service Level = 0.95

At the service level (SL) if we find the P(Z) of the SL using Excel, we have:

P(Z) = NORMSINV(0.95)

P(Z) = 1.64

Thus;

the safety stock = Z × SD√L

[tex]= 1.64 \times 13 \sqrt{1.5} \\ \\[/tex]

= 1.64 \times 13 (1.224745)

= 1.64\times15.92

= 26.11156

≅ 26 packages

Do you think it is right for government to raise taxes to cut the deficit? Discuss why you choose the answer that you have chosen and also discuss other measures government can use to eliminate the deficit.

Answers

Answer:

It is right

A deficit occurs when government spending exceeds its revenue. The goal when there is a deficit is to increase revenue. One wat of doing this is to increase taxes. Increasing taxes would increase the income that accrues to the government.

Another measure of eliminating deficit is to reduce the spending by the government. Reducing government spending would reduce the amount of deficit

Explanation:

A tax is a compulsory sum levied by the government on certain goods and services

Wang co manufactures and sells a single product that sells for 640 per unit; variable costs are 352 per unit. Annual fixed costs are 985500. Current sales volume is 4390000. Management targets an annual pretax income of 1315000. Compute the dollar sales to earn the target pretax net income

Answers

Answer:

Break-even point (dollars)= $5,112,222.22

Explanation:

Giving the following information:

Selling price= $640

Unitary variable cost= $352

Fixed costs= 985,500

Desired profit= $1,315,000

To calculate the sales in dollars to be sold, we need to use the following formula:

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

contribution margin ratio= (640 - 352) / 640= 0.45

Break-even point (dollars)= (985,500 + 1,315,000) / 0.45

Break-even point (dollars)= $5,112,222.22

Swifty Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.3 pounds and 0.1 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $12.00 per hour, but a raise which will average $0.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1.5 hour per unit, and the allowance for rest periods and setup is 0.5 hours and 0.4 hours, respectively. The standard direct labor hours per unit is:_________

Answers

Answer:

Swifty Corporation

The standard direct labor hours per unit is:_________

= 0.6 hours.

Explanation:

a) Data and Calculations:

Materials required per unit = 2.6 pounds

Allowance for waste per unit = 0.3 pounds

Allowance for spoilage per unit = 0.1 pounds

Standard materials per unit = 3 pounds (2.6 + 0.3 + 0.1)

Purchase price per pound = $1.96 ($2 - 0.04)

Freight costs per pound = $0.10

Receiving and handling costs per pound = $0.07

Hourly wage rate = $12 per hour

Possible raise in hourly wage = $0.30

Payroll taxes = $1.20 per hour

Fringe benefits average = $2.40 per hour

Standard production time per unit = 1.5 hour

Allowance for rest periods = 0.5 hours

Allowance for setup = 0.4 hours

The standard direct labor hours per unit = 0.6 hours(1.5 - 0.5 - 0.4)

Item Skipped Item 10 Assume a company makes four products (A, B, C, and D) in a single facility. Data concerning these products appear below: Product A Product B Product C Product D Selling price per unit $ 42.30 $ 50.00 $ 37.60 $ 33.50 Variable manufacturing cost per unit $ 20.80 $ 30.70 $ 21.00 $ 19.90 Variable selling cost per unit $ 2.70 $ 2.10 $ 1.00 $ 2.40 Milling machine minutes per unit 3.30 4.10 2.60 1.30 Monthly demand in units 1,000 4,000 3,000 3,000 The milling machines are the constraint in the production facility. A total of 14,000 minutes is available per month on these machines. Up to how much should the company be willing to pay for one additional minute of milling machine time if the company has made the best use of the existing milling machine capacity

Answers

Answer:

The company should be willing to pay less than $4.20 for one additional minute of milling machine time.

Explanation:

a) Data and Calculations:

                                                              Product  Product  Product  Product                                                                

                                                                    A            B             C            D

Selling price per unit                            $42.30   $50.00   $37.60  $33.50

Variable manufacturing cost per unit $20.80   $30.70    $21.00   $19.90

Variable selling cost per unit                 $2.70     $2.10       $1.00    $2.40

Total variable costs per unit               $23.50   $32.80   $22,00  $22.30

Contribution per unit                           $18.80    $17.20    $15.60    $11.20

Milling machine minutes per unit           3.30        4.10        2.60        1.30

Contribution per minute                       $5.70     $4.20     $6.00     $8.62

Monthly demand in units                      1,000     4,000      3,000    3,000

Minutes required                                 3,300    16,400       7,800    3,900

Best use of existing minutes              2,300          0          7,800    3,900

Additional minutes required               1,000     16,400       0           0

Total minutes required = 31,400

Minutes available =          14,000

Minutes to buy =              17,400

Lost contribution from:

Product A = (1,000 * $5.70 =    $5,700

Product B = (16,400 * $4.20 = 68,880

Total lost contribution          $74,580

Required time to produce lost contribution = 17,400

Estimated to pay for additional minute = $4.29 ($74,580/17,400)

Madzinga's Draperies manufactures curtains. A certain window requires the following: Direct materials standard 9 square yards at $5 per yard Direct manufacturing labor standard 5 hours at $10 During the second quarter, the company made 1,500 curtains and used 14,000 square yards of fabric costing $69,300. Direct labor totaled 7,600 hours for $80,560.
Required:
a. Compute the direct materials price and efficiency variances for the quarter.
b. Compute the direct manufacturing labor price and efficiency variances for the quarter.

Answers

Answer:

Results are below.

Explanation:

To calculate the direct material price and quantity variance, we need to use the following formulas:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5 - 4.95)*14,000

Direct material price variance= $700 favorable

Actual price= 69,300 / 14,000= $4.95

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (9*1,500 - 14,000)*5

Direct material quantity variance=  $2,500 unfavorable

To calculate the direct labor rate and efficiency variance, we need to use the following formulas:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (5*1,500 - 7,600)*10

Direct labor time (efficiency) variance= $1,000 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (10 - 10.6)*7,600

Direct labor rate variance= $4,560 unfavorable

Actual rate= 80,560 / 7,600= $10.6

All of the following are unacceptable ways to sit during an interview except.
A. with your legs stretched out in front of you.
B. with your legs crossed at the ankles.
C. sitting cross-legged.
D. with your legs crossed at the thigh.

Answers

With your legs crossed at the ankles
Answer (B)

Answer:

With your legs crossed at the ankles

Explanation:

B

Cameron Corp. has a target capital structure of 40% debt and 60% equity. The company's tax rate is 30% and the yield to maturity on their outstanding bonds is 12%. If their weighted average cost of capital is 9.6%, what is the company's cost of common equity

Answers

Answer:

rE = 0.104 or 10.4%

Explanation:

The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure can consist of one or more of the following components namely debt, preferred stock and common equity. The WACC is calculated as follows,

WACC = wD * rD * (1 - tax rate)  +  wP * rP  +  wE * rE

Where,

w represents the weight of each component r represents the cost of each component D, P and E represents debt, preferred stock and common equity rD * (1 - tax rate) is the after tax cost of debt

plugging in the available values for wD, wE, tax rate, rD and WACC in the formula above, we can calculate the cost of common equity to be,

0.096  =  0.4 * 0.12 * (1 - 0.3)  +  0.6 * rE

0.096 = 0.0336 + 0.6 * rE

0.096 - 0.0336 = 0.6 * rE

0.0624 / 0.6 = rE

rE = 0.104 or 10.4%

All Kiwi Ltd (a New Zealand-based company) has a wholly-owned subsidiary in Malaysia whose manager is being evaluated on the basis of the variance between actual profit and budgeted profit in New Zealand dollars (NZD). Relevant information in Malaysian ringgit (MYR) for the current year is as follows: Budget Actual Revenues MYR 12,000,000 MYR 11,000,000 Expenses 9,000,000 9,000,000 Current year actual and projected exchange rates between the New Zealand dollar (NZD) and the Malaysian ringgit (MYR) are as follows: Actual at time of budget preparation NZD 0.312 per MYR 1 Projected ending at time of budget preparation NZD 0.340 per MYR 1 Actual at end of budget period NZD 0.357 per MYR 1 Required: Calculate the total budget variance for the current year using a projected exchange rate (projected at the time the budget is prepared).

Answers

Answer:

Variance (Unfavorable) (NZD 340,000)

Explanation:

Budget Variance using exchange rate projected at the time of budget

                   Budget        Actual        Variance   Exc. Rate   Variance in NZD

                    MYR            MYR

Revenue  12000000   11000000    -1000000      0.34            -340000

Expenses  9000000   9000000          0               0.34                  0

Profit        3000000    2000000    -1000000      0.34            -340000

Garcia Co. owns equipment that cost $81,600, with accumulated depreciation of $43,200. Garcia sells the equipment for cash. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,600 cash, (2) $38,400 cash, and (3) $33,300 cash. Record the sale of equipment assuming Garcia sells the equipment for $50,600 cash.

Answers

Answer:

1. Cash                                                          Debit    $ 47,000

 Accumulated Depreciation equipment   Debit  $ 40,800

 Gain on sale of equipment                       Credit                       $  11,000

 Equipment                                                  Credit                      $ 76,800

To record sale of equipment for $ 47,000 and gain on sale of $ 11,000

2. Cash                                                          Debit    $ 36,000

  Accumulated Depreciation equipment   Debit   $ 40,800

  Equipment                                                 Credit                          $ 76,800

To record sale of equipment for $ 36,000

3.  Cash                                                          Debit    $ 31,000

  Accumulated Depreciation equipment   Debit    $ 40,800

  Loss on sale of equipment                       Debit    $   5,000

  Equipment                                                  Credit                          $ 76,800                        

To record sale of equipment for $ 31,000 and loss on sale of $ 5,000

Explanation:

Computation of net book value

Cost of equipment                                                                             $ 76,800

Less: Accumulated depreciation                                                     $ 40,800

Net book value                                                                                  $ 36,000      

In first step where the equipment is sold of $ 47,000, the differential between the sale value and the net book value is the gain on sale and is credited in the accounting entry.

In the second step, where the equipment is sold for $ 36,000, the sale proceeds is exactly equal to the net book value and no gain or loss is recorded.

In the third step, the equipment is sold for $ 31,000 and the differential  between the net book value and the sale proceeds is a loss and recorded as a debit in the accounting entry

The is recorded as Book value of old equipment = $81,600 − $43,200 =38,400 which is consider as Cash.

What is depreciation?

As a result of use, damage, or obsolescence, an asset's monetary worth drops in value over time indicating depreciation. This depreciation cause due wear and tear, expiration, or consumption.

The calculation for the sale of equipment is attached with the answer.

Therefore, the Gain on sale of Equipment is calculated as 12,200 and the Loss on sale of equipment as 5,100 under separate cases.

Learn more about depreciation, here:

brainly.com/question/15085226?

#SPJ2

You are considering a project that requires an initial investment of $98,000 with a cost of capital of 14%. You expect the project to have a five-year life, and produce cash flows of $19,000 in year 1, $32,000 in year 2, $64,000 in year 3, $26,000 in year 4 and $10,000 in year 5. What is this project’s net present value? Group of answer choices

Answers

Answer:

NPV= 7,076.59

Explanation:

Giving the following information:

Initial investment= $98,000

Cash flows:

Cf1= 19,000

Cf2= 32,000

Cf3= 64,000

Cf4= 26,000

Cf5= 10,000

To calculate the NPV, we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 19,000/1.14= 16,666.67

Cf2= 32,000/1.14^2= 24,622.96

Cf3= 64,000/1.14^3= 43,198.18

Cf4= 26,000/1.14^4= 15,394.09

Cf5= 10,000/1.14^5= 5,193.69

∑[Cf/(1+i)^n]= 105,076.59

Now, the NPV:

NPV= -98,000 + 105,076.59

NPV= 7,076.59

why is education considered as an investment

Answers

Education is considered as an investment in human capital. Human capital can be described as the knowledge, abilities and skills of an individual, acquired through education, training and experience, which help the latter to be more productive and thus improve his potential income earning.

Which of the following stocks had the highest trading price at the end of the day?

Answers

the answer is D, I had the same problem

The correct option is D. Search Engine had the highest trading price at the end of the day. Because the low is 470.56 which highest among all of them.

What is stock?

A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets. To raise money to run their businesses, corporations issue stock.

Thus, the highest trading price at the end of the day is because search engine makes a high of 477.65 in the day which is the highest among all of them.

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Suppose the production of roses generates a positive externality in that travelers enjoy the scenic rural vistas where roses are grown. Then the market price of roses: a. is less than the marginal social benefit of roses. b. is more than the marginal social benefit of roses. C. equals the marginal social benefit of roses. d. is less than the marginal social cost of roses. e. is greater than the marginal social cost of roses.

Answers

Answer:

is less than the marginal social benefit of roses

Explanation:

A good has positive externality if the benefits to third parties not involved in production is greater than the cost. A good has positive externality if the price of the good is less than its marginal social benefit. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.

A good has negative externality if the price of the good is less than the marginal social cost of the good

At the end of the current year (before adjusting entries), Autumn Corporation had a balance of $76,000 in Accounts Receivable and a credit balance of $11,000 in Allowance for Uncollectible Accounts. Service revenue (all on credit) for the year totaled $490,000.
Requirement 1:
Using the percent-of-sales method, calculate the amount of Uncollectible-Account Expense if Vacay Corporation estimates its uncollectible-account expense using a rate of 5% of credit sales.
What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?
Requirement 2:
Now assume that Vacay Corporation uses the aging-of-receivables method. Vacay Corporation estimates that its Allowance for Uncollectible Accounts should have a credit balance of $27,000.
Calculate the amount of its Uncollectible-Account Expense.
What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?

Answers

Answer:

?????????

Explanation:

Michael's team is trying to determine how they can process shipments more quickly.
He has convened a large group to come up with some ideas, but only a few people pleaare driving the conversation. Which rule of good brainstorming is this violating?
O a) All ideas are recorded
b) No one may criticize another person's idea
c)
Evaluate ideas after everything is on the table
d) Make sure everyone participates


Please no links!! Thx

Answers

Answer:

its D

Explanation:

because not all people are talking and only a few are driving it, that makes the answer D.

The rule of a good brainstorming that is being violated is that making sure that everyone is participating by sharing their ideas. Hence, option D is correct.

What is brainstorming?

Brainstorming refers to as a session in which a group of people are involved to discuss an important topic and coming at an effective solution when people share their own ideas.

In order to ensure an ideal brainstorming session, it is advisable for Michael's team to ensure that everyone participating in the session put forth their ideas.

Hence, option D holds true regarding brainstorming.

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Santiago Incorporated has a constructing company in which he does major constructing jobs and also leases his heavy-duty equipment to help supplement his income. His cash account is very important in the running of both of his businesses as he uses the accrual basis of accounting . What method would you suggest that Jay Santiago use for recording cash flow from operating activities and why?

Answers

Answer:

"Direct Method" is the right answer.

Explanation:

The direct approach provides a clearer overview of how a company receives currency. And therefore it is regarded as equivalent to the alternative manner.Compared to the price of something like the money market account throughout the particular circumstance, the above direct method of registering cash balance somewhat from operations would be advised.

Assume your home is assessed at $200,000. You have a $165,000 loan for 15 years at 8 percent. Your property tax rate is 1.3 percent of the assessed value. In year one, you would pay $13,200 in mortgage interest and $2,600 in property tax (1.3 percent on $200,000 assessed value). Assuming you are in a 28 percent tax bracket, by what amount would you have lowered your federal income tax

Answers

Answer:

$4,424

Explanation:

Calculation to determine what amount would you have lowered your federal income tax

Using this formula

Reduction in Federal income tax amount = (Mortgage interest + Real estate taxes) x Tax rate

Let plug in the formula

Reduction in Federal income tax amount= ($13,200 + 2,600) x 0.28

Reduction in Federal income tax amount=$15,800×0.28

Reduction in Federal income tax amount = $4,424

Therefore The amount that you would have lowered your federal income tax is $4,424

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