Tharaldson Corporation's materials quantity variance for June is 12,480 (Unfavourable)
The actual and anticipated direct material utilized in the production of a product is compared in a materials quantity variance. When you consume more material than anticipated, you have an unfavorable materials quantity variance. When you utilize less material than anticipated, it's advantageous.
The terms "material quantity variance" and "material usage variance" are interchangeable.
Materials quantity variance = (Actual quantity used - standard quantity used) * standard price
Actual quantity = 19,500 units
Standard quantity = budgeted quantity per unit * Actual units
standard units = 2600 * 6.3 = 16380 units
standard price = $4 per unit
Material quantity variance = (19500 - 16380) * 4
MQV = 3120 * 4 = 12,480 Unfavourable
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blanchard discusses a number of ways in which his organization seeks to inspire employees, including coaching them, gainsharing, allowing them to participate in decisions, and leaving them inspirational messages. what other behaviors are essential for strategic leaders today? check all that apply.
The other behaviors are essential for strategic leaders today: Strategic leadership is whereby leaders use various styles, Rules according to high ethical standards, implementation of controls.
A leader is the only in the rate, the person who convinces different humans to comply with. A extremely good leader inspires confidence in different people and actions them to movement. a pacesetter is the top man or gal, the only jogging the display.
Management is the ability of an character or a collection of individuals to steer and guide followers or other members of an organization.an excellent chief must have integrity, self-attention, courage, recognize, empathy, and gratitude. They should be learning agile and flex their have an impact on even as speaking and delegating efficaciously. See how those key leadership traits may be found out and improved at all tiers of your corporation.
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The sum of ordering and holding costs per period for the economic order quantity becomes a ________ percentage of the purchasing cost as the demand rate __________.
A) Smaller; Increases
B) Fixed; Decreases
C) Fixed; Increases
D) Larger, Increases
As demand increases, the economic order quantity's share of the purchase price decreases.
What is the calculated economic order quantity?The economic order quantity, or EOQ, is a computation used to determine the best order amount for firms in order to reduce transportation expenses, warehouse space costs, stockouts, and overstock prices. It is also known as "optimum lot size." EOQ = square root of [2(setup costs)(demand rate)] / holding costs is the formula.
Why do we calculate economic order quantity?Why is the Economic Order Quantity formula necessary? These instances of misstocking can be prevented with the aid of the Economic Order Quantity (EOQ) calculation. It determines the best number of units you should order such that both the cost and quantity are reasonable.
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is a retail department store that sells at prices 25 percent or more below traditional department store prices in no frills environments, but does not sell memberships. what
Off-Price Retailers are retail department stores that sell at least 25% less than traditional department stores in a no-frills environment, but do not sell memberships.
What are Off-Price Retailers?Retailers who offer premium products at discounted prices are called discount retailers. They usually sell used items, off-season items, etc.
These shops sporadically offer inexpensive textile products from well-known brands and fashionable manufacturers. They buy end-of-season closeouts, end-of-season irregular manufacturer items, seconds, closeouts, canceled orders, overages, and overages.
Offering a quality product selection at the most competitive prices in the market is the value proposition for our off-price retailers customers. The first thing that attracts buyers is the low price. Off-price retailers are retailers that offer high-quality goods at low prices. They usually sell used items and off-season items. Description: These retailers offer a wide variety of branded and fashion oriented textiles at affordable prices.
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when the economy is in a recession, the government can use expansionary fiscal policy to stimulate and encourage economic growth. which of the following scenarios represent expansionary fiscal policies from both a supply perspective and a demand perspective?
Future taxes are decreased by the government while the Federal Reserve tightens the monetary base and boosts interest rates.
What is the fundamental meaning of economy?A community's resource allocation is ultimately determined by a collection of interrelated processes for production and consumption collectively referred to as an economy. The creation and use of services and products in its entirety satisfy the needs of those who reside there and conduct business there.
Which are some instances of economy?The traditional economy, which uses a country's traditions and history to direct the production and sale of goods, is a well-known illustration of an economy. The main pillars of market societies are agriculture, fisheries, & hunting.
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The complete question is-
When the economy is in a recession, expansionary fiscal policy can be used to stimulate and encourage economic growth. Which of the following scenarios represent expansionary fiscal policies from both a supply and demand perspective at the same time?
Select one:
a. The government lowers tax rates.
b. The government lowers tax rates and issues a partial refund of taxes that have already been paid.
c. The government raises tax rates and reduces unemployment insurance payments.
d. The Federal Reserve decreases the money supply and raises the interest rate while the government simultaneously reduces future taxes.
the americans with disabilities act was passed in 1990. the law makes it illegal for a business to fire an employee with a disability simply because of this disability. what was the likely intention of this law?
The likely intention of this law was to make sure that there is not any type od discrimination that is happening with respect to the Disabilities of a person.
What are the Americans with Disabilities Act?The Americans with Disabilities Act (ADA) forbids harassment against anyone who has a disability in a number of settings, including jobs, federal facilities, communication, telecommunication, and accessibility to state and municipal government resources and support.
The ADA forbids discrimination and guarantees job opportunities for people with disabilities. Additionally, it made guaranteed that people with disabilities had equal access to public services, corporate offices, and mobility.
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suppose a stock had an initial price of $58 per share, paid a dividend of $1.90 per share during the year, and had an ending share price of $68. compute the percentage total return.
The percentage total return is 12.24%
Total Return -12.24%
Dividend Yield 3.28%
Capital Gain Yield = 15.52%
Dividends are ordinary income-sharing bills made between an organization and its traders. An enterprise's board of directors determines the rate consistent with share, while and how often dividend bills are made. Dividend shares can offer a stream of profits, which can be specifically precious in the course of inflationary durations.
Dividend investing can be an extraordinary investment approach. Dividend shares have historically outperformed the S&P 500 with less volatility. this is because dividend shares provide resources of return: everyday income from dividend bills and capital appreciation of the stock rate. This total return can add up over the years.
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The objective of aggregate planning is to meet forecast demand while ________ over the planning period.
Typically, the goal of aggregate planning is to satisfy anticipated demand while minimizing inventory levels and promoting employment stability.
What exactly does aggregate planning entail?Aggregate planning is a technique for creating a comprehensive manufacturing plan that guarantees continuous production at a facility. Typically, a 3- to 18-month time frame is used for aggregate production planning.
what is An illustration of aggregate planningThe normal time frame for aggregate planning is twelve months. The use of temporary personnel, forced layoffs for a set length of time, and cross-training are a few instances of aggregate planning. This serves as a useful benchmark to assess how well resources are being used and how well plans are being executed.
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It is estimated that, in a given year, as many as _____ children try to harm themselves, and many thousands of children are hospitalized for deliberately self-destructive acts, such as stabbing, cutting, burning, overdosing, or jumping from high places.
It is estimated that, in a given year, as many as 9 out of every 100 children try to harm themselves, and many thousands of children are hospitalized for deliberately self-destructive acts , such as stabbing, cutting, burning, overdosing, or jumping from high places.
What does "self-destructive behavior" entail?Alcohol, narcotics, and sexual activity are examples of self-destructive behaviors. These actions alter the body's chemistry, ease our anxiousness, and replace it with positive feelings. As a result of their effectiveness, these coping mechanisms quickly become our "go to" options.
The cause of destructive behavior in oneself, what is it?Self-destructive conduct might start as a result of childhood trauma, but it can also be maintained by a lack of safe attachments. Patients who repeatedly or self-harm are more likely to have relapses of neglect, and abandonment when they are exposed to stressful situations.
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during the transition period, firms incur additional costs related to internal staff providing . there is usually lower efficiency and effectiveness at the beginning of the contract.
The statement about the lower efficiency and effectiveness of firms is a True statement.
There are many phases that comes within an economy. During some phases in which the economy may prosper while during some the economy may be stagnated. The period between these two phases is the transition phase. The transition phase is neither prosperous nor too stagnating but the economic activities go on hold during transition phase. The firms incur more expenses than those of normal days. They have to pay additional amount to the staff for their maintenance and also the overall efficiency of the firm reduces during the transition phase. Shortage of raw materials cause them to buy those materials at high cost.
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Complete Question:
during the transition period, firms incur additional costs related to internal staff providing . there is usually lower efficiency and effectiveness at the beginning of the contract.
True
False
according to the text, it makes good business sense to go green, and companies that choose to do so are reporting higher gross margins, higher return on sales, higher return on assets, and a stronger cash flow than their less sustainable competitors.
According to the text, it makes good business sense to go green, and companies that choose to do so are reporting higher gross margins, higher return on sales, higher return on assets, and a stronger cash flow than their less sustainable competitors. David L. Lawrence Center in Pittsburgh.
He essence is that this: a few organizations have labored out that they are able to meet their customers' wishes better than their opposition. The result – they perform higher. if they do that continually over a long term duration, they are stated to have a sustainable competitive advantage.
A nstance of a business enterprise with a sustainable aggressive benefit is Walmart. Walmart continues a sustainable aggressive benefit in element due to the fact its strategies are particular to its employer and those strategies are regarded for growing an opening between Walmart's performance and that of its competitors.
Sustainable aggressive advantage takes place when a enterprise continuously outperforms its competitors inside the same industry or field. most often, companies with this kind of benefit create a cost for his or her clients it really is advanced whilst compared to different groups.
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all of the following will increase the value of an american call except: group of answer choices an increase in time to expiration. a decrease in the exercise price. an increase in the volatility of the return on the underlying asset. an increase in the underlying stock price. a decrease in the risk-free rate of return.
All of the following will increase the value of an American call except the decrease in exercise price that is option B is correct.
A call option is referred to as the option that gives any individual or entity to buy a stock. An American call option is the option that allows the individual to buy the stocks in America or American organizations. It allows the individual to gain profits from the stocks as soon as the prices of the stocks go high or they move favorably upwards. If the time to expiration of an American call will be more then there will be more chances of earning from the stock. The American style call option allows the individual to exercise all the powers related to stock before and during the time of expiration date.
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what should you use instead of a verbal filler during a presentation if you are struggling with what your next word should be?
you should use instead of a verbal filler during a presentation if you are struggling with what your next word should be Pause.
An audience is informed by a speaker through a presentation. A presentation's typical objectives are to inform, convince, inspire, motivate, promote goodwill, or suggest a cutting-edge idea or service. Presentations include speeches, opening statements, lectures, and exhibits. For presentations, preparation, planning, organization, writing, the use of visual aids, managing tension, and responding to inquiries are frequently required. The "fundamental aspects of a presentation" are the "presenter, audience, message, response, and means to offer speech for organisational achievement in an effective manner." Presentations are widely used in tertiary professional settings by accountants to deliver in-depth financial analyses of businesses or by entrepreneurs to pitch their venture ideas to investors. The expression can also refer to a formal or ceremonial greeting or gift.
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the term boot refers to the a.amount of cash paid or liability incurred when buying a new asset and trading in an old asset. b.amount of down payment on an asset. c.total cost of a new asset. d.amount of the gain or loss on exchange of assets.
The term boot refers to the amount of cash paid or liability incurred when buying a new asset and trading in an old asset. Option A
What is Boot about?A public-private partnership (PPP) project model known as BOOT (build, own, operate, transfer) entails a private firm carrying out a sizable development project while working under contract with a public-sector partner, like a government agency.
A BOOT project is frequently viewed as a means of obtaining private money for a sizable public infrastructure project. To make the value of the traded commodities equal, boot is money or other property added to the deal.
Therefore, Boot is the addition of money or other assets to a deal in order to make the worth of the traded goods equal.
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of the following statements, which is correct? a. when companies charge low prices for products sold in their home markets while selling the same products in foreign markets at high prices, the practice is known as dumping. b. when companies charge high prices for products sold in foreign markets while selling the same products in their home markets at low prices that do not cover all the costs of exporting the products, the practice is known as dumping. c. when companies charge high prices for products sold in their home markets while selling the same products in foreign markets at low prices that do not cover all the costs of exporting the products, the practice is known as dumping. d. dumping encourages competition and benefits workers in home countries. e. dumping is still legal under many international laws, even though it substantially reduces competition.
The following statements is correct When companies charge high prices for products sold in their home markets while selling the same products in foreign markets at low prices that do not cover all the costs of exporting the products, the practice is known as dumping.
When agencies rate excessive costs for merchandise offered of their domestic markets whilst promoting the equal merchandise in overseas markets at low costs that don't cowl all of the prices of exporting the merchandise, the exercise is thought as dumping.
Ethical relativism is the idea that holds that morality is relative to the norms of one's culture. That is, whether or not an movement is proper or incorrect relies upon on the ethical norms of the society wherein it's far practiced. The equal movement can be morally proper in a single society however be morally incorrect in another.
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how may a revocable offer effectively be revoked? choose 2 answers. the offeror may withdraw the offer with a clear expression. the offeree may reject the offer with a clear expression. the offeror may take an action that contradicts the offer and make that known to the offeree. the offeror may convert the offer to an option contract.
A revocable offer effectively is revoked by choosing options 1 and 2.
1) The offeror may withdraw the offer with a clear expression. This can be done by sending a written notice to the offeree that the offer is being revoked. The offeror should also specify the date on which the offer was revoked.
2) The offeree may reject the offer with a clear expression. This can be done by sending a written notice to the offeror that the offer is being rejected. The offeree should also specify the date on which the offer was rejected.
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on december 31, 2020, sage inc. has a machine with a book value of $958,800. the original cost and related accumulated depreciation at this date are as follows. machine less: accumulated depreciation book value $1,326,000 367,200 $958,800 depreciation is computed at $61,200 per year on a straight-line basis. presented below is a set of independent situations. for each independent situation, indicate the journal entry to be made to record the transaction. make sure that depreciation entries are made to update the book value of the machine prior to its disposal.Afire completely destroys the machine on August 31, 2021. An insurance settlement of $438,600 was received for this casualty. Assume the settlement was received immediately. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit August 31, 2021 (To record current depreciation.) August 31, 2021 (To record loss of the machine.) On April 1, 2021, Bridgeport sold the machine for $1,060,800 to Yoakam Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit April 1, 2021 (To record current depreciation.) April 1, 2021 (To record sale of the machine.) On July 31, 2021, the company donated this machine to the Mountain King City Council. The fair value of the machine at the time of the donatio was estimated to be $1,122,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If ne entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit July 31, 2021 (To record current depreciation.) July 31, 2021 (To record donation of the machine.)
A continual, permanent, and steady decline in the book value of fixed assets is referred to as depreciation. This kind of shrinkage is calculated based on the cost of the assets used by the company, not on the asset's market worth.
Date
Account Titles and Explanation
Debit
$40,800
Credit
August 31, 2018 Depreciation Expense ($61,200/12*8)
Accumulated Depreciation - Machine
$40,800
(To record current depreciation)
August 31, 2018
Cash
Accumulated Depreciation - Machine ($367,200+ $40,800)
$438,600
Loss on Disposal of Machinery (Bal. fig)
$408,000
$479,400
Machinery
(To record loss of the machine)
$1,326,000
Date
Account Titles and Explanation
Debit
Credit
April 1, 2018
Depreciation Expense ($61,200*3/12)
Accumulated Depreciation - Machine
$ 15,300
$15,300
(To record current depreciation)
April 1, 2018
Cash
Accumulated Depreciation - Machine ($367,200 + $15,300)
$1,060,800
$382,500
Gain on Disposal of Machine (Bal. fig)
$117,300
Machine
(To record sale of the machine)
$1,326,000
Date
Account Titles and Explanation
Credit
July 31, 2018
Depreciation Expense ($61,200*7/12)
Accumulated Depreciation - Machine
Debit
$35,700
$35,700
(To record current depreciation)
July 31, 2018
Contribution Expense
$1,122,000
Accumulated Depreciation - Machine ($367,200+ $35,700)
$402,900
Gain on Disposal of Machine (Bal. fig)
$198,900
Machine
$1,326,000
(To record donation of the machine)
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You have purchased a Guaranteed Investment contracts (GICs) from an insurance firm that promises to pay you a 5% compound rate of return per year for 6 years. If you pay $10,000 for the GIC today and receive no interest along the way you will get __________ in 6 years (to the nearest dollar).
You have purchased a Guaranteed Investment contracts (GICs) from an insurance firm that promises to pay you a 5% compound rate of return per year for 6 years. If you pay $10,000 for the GIC today and receive no interest along the way you will get _ $13,401_ in 6 years.
An Investment Guaranteed Contract is what ?
An insurance company and an investor, typically a pension fund or an employer-sponsored retirement plan like a 401(k), enter into a contract known as a guaranteed investment contract (GIC) (k). The insurer promises to pay the investor an agreed-upon interest rate and return its principal in exchange for the investor depositing a certain amount of money with it for a specific amount of time. GICs are frequently one of the investment options available to employees who take part in 401(k) or other retirement plans. GICs are referred to as funding agreements at times.
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The risk of bankruptcy tends to travel with the risk of foreclosure since both can result from financial distress. Known popularly by its section in the Federal Bankruptcy Code, which of the following types of bankruptcy is a court-supervised workout for a troubled business?
A) Chapter 7 bankruptcy
B) Chapter 13 bankruptcy
C) Chapter 11 bankruptcy
D) Chapter 1 bankruptcy
Option C is correct. The type of bankruptcy is a court-supervised workout for a troubled business is Chapter 11 bankruptcy.
The primary goal of restructuring and bankruptcy attorneys is to keep their clients out of bankruptcy. The technical word "bankruptcy" refers to situations in which financially troubled businesses petition for Chapter 11 restructuring under court supervision when they are unable to do so on their own.
According to Don Bernstein, chair of Davis Polk's restructuring division, the corporation must successfully "restructure its debt to the it together and retain its value" in order to avoid this situation. However, whether through litigation or not, the road to financial sustainability can be difficult. Since there are so many different actors involved and legal expertise is required, bankruptcy and restructuring are rather complex practices.
Lawyers for bankruptcy and reorganization must be skilled in both transactional work and litigation in a variety of fields, including M&A, securities, banking, labor and employment, environment, tax, and intellectual property.
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Wilson Co. is considering two mutually exclusive projects. Both require an initial investment of $10,000 at t = 0. Project X has an expected life of 2 years with after-tax cash inflows of $6,000 and $8,500 at the end of Years 1 and 2, respectively. In addition, Project X can be repeated at the end of Year 2 with no changes in its cash flows. Project Y has an expected life of 4 years with after-tax cash inflows of $4,600 at the end of each of the next 4 years. Each project has a WACC of 11%. What is the equivalent annual annuity of the most profitable project?
correct answer is- The equivalent annual annuity approach is one of two strategies used in capital budgeting to compare jointly extraordinary projects with unequal lives.
The EAA method calculates the consistent annual cash waft generated via a venture over its lifespan if it was an annuity.
Is an annuity better than a pension?In general, an annuity will give you the most control over your money. If you take a lump-sum pension payment, you have the ability to use the cash then again you choose.
What is the downside of an annuity?The fundamental drawbacks are the long-term contract, loss of control over your investment, low or no activity earned, and high fees. There are additionally fewer liquidity choices with annuities, and you have to wait until age 59.5 to withdraw any cash from the annuity besides penalty.
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https://brainly.com/question/17162538#SPJ4The major understandings and assumptions for an organization, which are often neither stated nor documented as goals or formal policies, are known as _____.
Organizational culture refers to the core beliefs and presumptions of a company that are frequently neither explicitly stated nor formalized as objectives or rules.
What is formal policies?A formal language-based description of particular actions or security policies that makes it possible to formally prove their correctness. Formal strategies are those used by government bodies in the form of laws, court rulings, and actions by regulatory agencies. Theodore J. Lowi, an American political scientist, proposed four different types of policies in his articles "Four Systems of Policy, Politics and Choice" and "American Business, Public Policy, Case Studies and Political Theory," namely distributive, redistributive, regulatory, and constituent.
Why is it important to have a formal policy?Organizations benefit from policies because they give their operations direction, consistency, responsibility, efficiency, and clarity. This provides standards and guiding concepts for co-operative members to abide by. Policies outline an organization's aims and offer instructions on how to accomplish goals.
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The term ___________________ is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.
A. diminishing marginal utility
B. marginal utility pattern
C. marginal income utility
D. decreasing marginal utility
According to the law of diminishing marginal utility, a good or service's marginal utility decreases the more of it is used by a person.
According to the law of diminishing marginal utility, the enjoyment or utility that a person derives from an item or a product decreases as they consume more and more of it. For instance, someone might purchase a specific brand of chocolate repeatedly. Because the satisfaction they were initially getting from the chocolate is waning, they may soon buy less and switch to another type of chocolate or buy cookies in its place.
According to the law of diminishing marginal utility, a good or service's marginal utility decreases the more of it is used by a person. Consuming increasing quantities of a good gives economic actors less and less pleasure.
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you are preparing for your first presentation at a new job. which strategies can help you combat nervousness about presentations? select all that apply.
Work on converting nervous energy into enthusiasm Attending other speeches, arriving early, adjusting to your surroundings, meeting people, using positive visualization, and taking deep breaths will help you succeed.
What can you do to de-stress before giving a presentation?The nervous system is calmed when breathing through your stomach muscles rather than your chest. What you should do is: Before and even during your presentation, take a few deep breaths. Say to yourself, "I am," as you inhale, and "relaxed," as you exhale, advises Greenberg.
What aspect of presentation preparation is crucial?Knowing your audience is the first and most crucial rule of presenting your work. You'll have a far better chance of making a persuasive presentation if you can put yourself in their position and identify with their needs. Throughout the preparation of your presentation, keep the audience in mind.
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is a human resource manager at an advertising firm. keith proposes that the company adopt defined-benefit plans to attract and retain employees. in which situation will this benefit be most valuable to the firm's employees?
If keith proposes that the company adopt defined-benefit plans to attract and retain employees. The situation that this benefit will be most valuable to the firm's employees is: the firm employs experienced, older people.
What is defined-benefit plans?A defined-benefit plan can be defined as a type of plan that enables employer to pay benefit to employee by making use of the duration of an employee employment as well as the employee job history.
Some employee as well look at the age of an employee before the employee is been included as a beneficiary of the program. Based on this the firm should tend to often recruit experience people as well as older people.
Therefore the firm should employs experienced, older people.
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The complete question is:
Steve is a human resource manager at an advertising firm. keith proposes that the company adopt defined-benefit plans to attract and retain employees. in which situation will this benefit be most valuable to the firm's employees?
Prepare journal entries for the month of April to record the above transactions.A. Materials purchases (on credit)B. Direct materials usedC. Direct labor used (and paid in cash) and assigned to work in process inventory D. Indirect materials used and assigned to Factory Overhead E. Indirect labor used (and paid in cash) and assigned to factory overheadF. Overhead costs applied to work in process inventoryG. Actual other overhead costs incurred (factory rent and utilities are paid in cash)H.transfer of jobs 306 & 307 to finished goods inventory I. Cost of goods sold for job 306J. Revenue from the sale of job 306 receding cashK. Close under applied or over applied overhead to the cost of goods sold account. Computing and recording job costs; preparing schedule of cost of goods manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 29, 000 $ 35,000 Direct labor used (in March) 20, 000 18, 000 Overhead applied (March) 10,000 9 , 000 Costs during April Direct materials used 135, 000 220, 000 $ 100,000 Direct labor used 85 , 000 150, 000 105, 000 Overhead applied ? ? ? Status on April 30 Finished Finished (sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $80,000. b. Raw materials purchases in April are $500,000, and total factory payroll cost in April is $363,000. c. Actual overhead costs incurred in April are indirect materials, $50,000; indirect labor, $23,000; factory rent, $32,000; factory utilities, $19,000; and factory equipment depreciation, $51,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash in April.
A. Materials purchases (on credit)
Debit: Accounts Payable 500,000
Credit: Cash 500,000
B. Direct materials used
Debit: Work in Process Inventory 135,000
Debit: Work in Process Inventory 220,000
Debit: Work in Process Inventory 100,000
Credit: Raw Materials Inventory 80,000
Credit: Accounts Payable 500,000
C. Direct labor used (and paid in cash) and assigned to work in process inventory
Debit: Work in Process Inventory 85,000
Debit: Work in Process Inventory 150,000
Debit: Work in Process Inventory 105,000
Credit: Cash 363,000
D. Indirect materials used and assigned to Factory Overhead
Debit: Factory Overhead 50,000
Credit: Raw Materials Inventory 50,000
E. Indirect labor used (and paid in cash) and assigned to factory overhead
Debit: Factory Overhead 23,000
Credit: Cash 23,000
F. Overhead costs applied to work in process inventory
Debit: Work in Process Inventory 10,000
Debit: Work in Process Inventory 9,000
Credit: Factory Overhead 19,000
G. Actual other overhead costs incurred (factory rent and utilities are paid in cash)
Debit: Factory Overhead 32,000
Debit: Factory Overhead 51,000
Credit: Cash 83,000
H. Transfer of jobs 306 & 307 to finished goods inventory
Debit: Finished Goods Inventory 635,000
Credit: Work in Process Inventory 345,000
I. Cost of goods sold for job 306
Debit: Cost of Goods Sold 635,000
Credit: Finished Goods Inventory 635,000
J. Revenue from the sale of job 306 receiving cash
Debit: Cash 635,000
Credit: Sales Revenue 635,000
K. Close under-applied or over-applied overhead to the cost of goods sold account
Debit: Cost of Goods Sold 19,000
Credit: Factory Overhead 19,000
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Other things equal, an increase in the demand for a product will _______ (increase/decrease) the demand for a resource used in its production, whereas as decrease in product demand will ______ (increase/decrease) the demand for that resource
increase; decrease
Other things equal, an increase in the demand for a product will increase the demand for a resource used in its production, whereas as decrease in product demand will decrease the demand for that resource.
What happens to resource demand when demand changes?When there is a change in the quantity demanded of a certain good, then there will be a change in the demand for the resource that is used in producing that good, in a proportional manner. This means that if the quantity demanded for a good or service increases, then the quantity demanded for the resources used to produce it will also see their demand increase as well.
The same is true for if there is a decrease in demand because there will also be a decrease in the demand for the resources used in production. The reason for this is simple; if there is less demand in a good or service, then less quantity of that good or service will be produced which would mean that less resources for production are required.
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the additional compensation that is earned as part of the skyblue ground success plan represents what type of motivator
The additional compensation that is earned as part of the skyblue ground success plan represents extrinsic motivator
What is the extrinsic motivator?Extrinsic motivation is a type of drive that is fueled by benefits from outside sources. These can be material, like cash or grades, or immaterial, like acclaim or renown. Extrinsic motivation is solely focused on external rewards, in contrast to intrinsic motivation, which comes from within the person.
Extrinsically motivated individuals will keep at a task even if it isn't particularly enjoyable in and of itself. For instance, someone might perform a task at work that they dislike in order to pay their bills.
Operant conditioning, in which a person or item is trained to perform a certain manner in exchange for a reward or punishment, involves extrinsic incentive.
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suppose that the level of gdp increased by $300 billion in a private closed economy where the marginal propensity to consume is 0.90. aggregate expenditures must have increased by
The level of GDP increased by $300 billion in a private closed economy where the marginal propensity to consume is 0.90. aggregate expenditures must have increased by $30 billion.
The market worth of all the final goods and services produced and sold (not resold) in a certain time period by countries is measured in dollars using the term "gross domestic product" (GDP). This measure is frequently amended before being regarded as a trustworthy indication due to its subjective and complex character. To compare living standards between countries, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. The contribution of each industry or sector to the overall GDP can also be quantified. Numerous national and international economic groups maintain GDP definitions. GDP is described as "an aggregate measure of production equal to the sum of the gross values added of all resident and institutional units engaged in production and services (plus any taxes, and minus any subsidies on products not included in the value of their outputs)" by the Organization for Economic Co-operation and Development (OECD). GDP "measures the monetary worth of final products and services that are acquired by the final user produced in a country in a certain period of time," according to a release from the IMF (say a quarter or a year). The per capita GDP of a region is calculated as the GDP divided by the total population (also called the Mean Standard of Living).
Multiplier is given by :
[tex]K=\frac{1}{1-MPC} \\[/tex]
Given, MPC = 0.90
Therefore,
[tex]K=\frac{1}{1-MPC}=\frac{1}{1-0.90}=\frac{1}{0.1}=10[/tex]
Also, the multiplier can be written as:
K=ΔY/ΔE
Given, change in income = $300 billion
Therefore the change in expenditure can be found as below:
K=ΔY/ΔE*ΔE=ΔY/K*ΔE=300/10ΔE=30
There is an increase in aggregate expenditure by $30 billion.
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a broker, designated to represent the buyer, asks another broker to attend the closing. who will be responsible for the buyer's closing documents?
A dealer who consents to attend closing for any other broker shares joint accountability with the unique designated broker.
Employing brokers are always accountable for dealer buddies in the firm, so all three brokers will be accountable for the closing documents.
What is the record that defines the relationship between the broker and the seller?A checklist settlement is a contract between a property proprietor and a real estate broker that authorizes the broker to characterize the vendor and locate a customer for the property. The three sorts of actual estate record agreements are open listing, exclusive organization listing, and exclusive right-to-sell listing.
An agent is a licensee who represents one or greater parties to the transaction, binding the complete association to the representation. Because the broker is the agent, the dealer represents the client.
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https://brainly.com/question/17011472#SPJ4a machine that cost $105,000 has an estimated residual value of $5,000 and an estimated useful life of ten years. the company uses straight-line depreciation. calculate its book value at the end of year 9. (do not round intermediate calculations.)
The cost of allocating the asset's purchase price over its useful life is known as depreciation. Straight-line, the sum of the years, units-of-production, and the double declining method are all common ways to calculate depreciation.
The machine's cost is $105,000 less: $7,000 in residual value
Depreciable cost = 98000/ -
What is a formula for depreciation?The Straight Line Depreciation Method is equal to the asset's useful life divided by its cost (or residual value). Diminishing Balance Method: (Cost of an Asset x Rate of Depreciation/100) Unit of Product Method: (Cost of an Asset x Salvage Value) x Useful Life in the form of Units Produced
Which three kinds of depreciation are there?The most typical approaches to depreciation are: Straight-line. Balance is declining twice. The production units.
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The sales philosophy and process that emphasizes a commitment to maintaining customer relationships over the long term and investing in opportunities that are mutually beneficial to all parties is known as ________ selling.
The sales philosophy and process that emphasizes commitment to maintaining the customer relationships over long term and investing in opportunities that are mutually beneficial to all the parties is known as relationship selling.
What is customer relationship?Customer relationship management (CRM) is a process that businesses and other organizations use to manage their interactions with customers. CRM systems gather information from a variety of communication avenues, including a company's website, phone, email, marketing materials, and more recently, social media. They give businesses the opportunity to discover more about their target markets and how to best meet their needs, retaining customers and boosting sales. CRM can be applied to past, present, or prospective clients. CRM refers to the ideas, methods, and regulations that a business adheres to when speaking with its customers.
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