The statement that, store design and visual merchandising are elements of a retailer's communication mix, is True.
What goes into a retailer's communication mix?The communication mix of a retailer refers to all the tools, and features that a company uses to be able to reach out to both its potential customers and its current customers about the products they have on offer or other services. The communication mix can include a wide variety of things ranging from product packaging to their social media pages and the like.
The designs of stores are another way that a retailer can communicate with people as this is shown by the unique designs of Apple stores. The store design aims to show a particular type of way that the company does things and so is in the communication mix. Visual marketing also counts in this communication mix for the very same reason.
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the impact of the government's decision to raise revenue by printing money on the value of money is known as the
The impact of the government's decision to raise revenue by printing money on the value of money is known as the inflation tax.
What is inflation?
⇒The term "inflation" describes an economy's overall rise in the cost of goods and services. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money. Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation. The annualized percentage change in a general price index, or inflation rate, is the most widely used indicator of inflation. The consumer price index (CPI) is frequently employed for this purpose because price increases are not uniform across the board. In the United States, wages are also calculated using the employment cost index.
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a 2005 study reported that, based on the experience of the global consulting firm booz allen hamilton, they would estimate that approximately one in three outsourcing efforts fails to achieve outsourcing expectations. these anecdotal findings suggest that there is a troubling gap between expectations and reality; however, outsourcing is .
A 2005 study reported that, based on the experience of the global consulting firm booz Allen hamilton, they would estimate that approximately one in three outsourcing efforts fails to achieve outsourcing expectations. these anecdotal findings suggest that there is a troubling gap between expectations and reality; however, outsourcing is .plus
Advertising, office and warehouse cleaning and website development are the best examples of outsourcing. Most business owners delegate authority to outsourced professionals when it comes to accounting, maintenance, and recruitment. This allows companies to focus most of their resources on their core activities.
Outsourcing is the common practice of outsourcing business functions and processes to third parties. The benefits of outsourcing can be enormous, from cost savings and efficiency to competitive advantage.
Among other problems with outsourcing, finding the right size vendor can be difficult. Small outsourcing companies don't have room to grow because they can't easily scale up or down. Large enterprise outsourcing companies may take a less personal approach and overcharge for projects.
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The Clothing Cove has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations:
January 2 Issues 100,000 shares of common stock for $24 per share.
February 6 Issues 1,900 shares of 7% preferred stock for $13 per share.
September 10 Purchases 12,000 shares of its own common stock for $29 per share.
December 15 Resells 6,000 shares of treasury stock at $34 per share.
In its first year of operations, The Clothing Cove has net income of $149,000 and pays dividends at the end of the year of $94,000 ($1 per share) on all common shares outstanding and $1,330 on all preferred shares outstanding
To track changes in stockholders' equity, a statement of stockholders' equity is prepared and the stockholders' equity final amount.
The corporation issues 100,000 shares of common stock with a $1 par value at a price of $18 per share on January 2. As a result, the additional paid-in capital grows by $1,700,000 [($18-1)*100,000] and the common stock increases by $100,000 (100,000$1).
On February 6, the business issues 1,300 shares of preferred stock at a par value of $10 for a price of $13. As a result, the preferred stock will rise by $13,000 (1,300 times $10) and the additional paid-in capital will rise by $3,900 [($13-10) × 1,300].
On September 10, the corporation buys 12,000 shares of treasury stock at a price of $23 per share, increasing its treasury stock by $276,000 (12,000*$23).
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which of the following are true? multiple select question. book values are often similar to market values for equity. ideally, we should use book values in the wacc. the market value of debt and equity are not reliable in case of privately owned company. ideally, we should use market values in the wacc.
Ideally, we should use book values in the weighted average cost of capital this statement is true. Here option A is the correct answer.
The weighted average cost of capital (WACC) is the total cost of the company's financial resources. It is determined by giving each financial item a certain weight.
This is going to be based on market value since book values only reflect the issue price, but market values consider the price it will bring today and, as a result, the price at which consumers will purchase it.
The cost component of these products is determined by the projected return of investors keeping them. Market values should thus be employed more frequently.
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an economist is interested to see how consumption for an economy (in $ billions) is influenced by gross domestic product ($ billions) and aggregate price (consumer price index). the microsoft excel output of this regression is partially reproduced below. loading... click the icon to view the results. when the economist used a simple linear regression model with consumption as the dependent variable and gdp as the independent variable, he obtained an r value of 0.971. what additional percentage of the total variation of consumption has been explained by including aggregate prices in the multiple regression?
R² is the value of the coefficient of determination, which enables us to determine the amount of variation in the dependent variable that is explained by the independent variables in the provided regression model.
By taking the square root of the coefficient of determination, the correlation coefficient can also be calculated from the value of the coefficient of determination.
The worth of R2 with utilization as the reliant variable and Gross domestic product as the free factor is acquired as0.971.
What does the r2 value indicate?
In a regression model, the statistical measure known as R-Squared (also known as R2 or the coefficient of determination) is used to figure out how much of the variance in the dependent variable can be explained by the independent variable.In other words, the goodness of fit, or r-squared, measurement indicates how well the data fit the regression model.
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due to the lags associated with implementing monetary and fiscal policy, the impact of the government's new policy will likely once the effects of the policy are fully realized
Due to the lags associated with implementing monetary and fiscal policy, the impact of the government's new policy will likely once the effects of the policy are fully realized an expansion.
Fiscal policy is the use of authorities spending and taxation to steer the financial system. Governments typically use fiscal coverage to sell sturdy and sustainable boom and reduce poverty.
In economics and political technological know-how, fiscal policy is using government sales series and expenditure to persuade a rustic's economy.
The two major examples of expansionary fiscal policy are tax cuts and increased authorities spending. each of those rules are meant to increase mixture demand while contributing to deficits or drawing down finances surpluses.
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a recent college graduate's gift from her grandparents is $25,000. how much will this provide at the end of each month (in $) for the next 12 months while the graduate travels? assume that money is worth 7.8% compounded monthly. (round your answer to the nearest cent.)
A recent college graduate received a $25,000 gift from her grandparents, which means that she will receive $27021.25 at the end of each of the following 12 months while she travels.
What do you mean by compounded?Compounding is the process of combining different substances to create a new medicament. to create something by putting pieces, things, etc. together; construct: to combine elements of various previous plans to create a new one. The ability of an asset to produce earnings that, when reinvested or kept invested in the main asset, would produce additional earnings is known as compounding. The process through which interest is earned both on principal and the accrued interest increases the asset's value is known as compounding. Compound interest is another name for this phenomenon, which is a direct application of the time value of money (TMV) idea.
What Is the Difference Between Simple Interest and Compound Interest?Simple interest just accrues interest on the principal amount invested or deposited. For example, $1,000 deposited at 5% simple interest would yield $50 annually. However, compound interest pays "interest on interest," so instead of receiving $50 the first year, you would receive $52.5 ($1,050 minus 0.05) the second year, and so on.
Briefing:Therefore we can use the formula;
A=P(1+r/n )^nt
The problem gives us all values:
A = $25,000
r = 0.078 = 7.8%
n = 12 (monthly)
t = 1 year
Then,
A=25000(1+0.078/12 )^12
A=$27021.24525
Then, rounding to the nearest cent we get,
A=$27021.25
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a fence must be built to enclose a rectangular area of 20,000square feet. fencing material costs $4.00 per foot for the twosides facing north and south and $8.00 per foot for the other twosides. find the cost of the least expensive fence. you must showyour work.
Its least expensive fence is $3200 in price. You must exhibit your work.
What does "expensive" really mean?Anything that is expensive is high in price or expensive in general. Most frequently, expensive refers to exceedingly expensive products like luxury automobiles. However, it also has the potential to describe items which price of cost is just excessive in comparison to other things. As an illustration, I enjoy it, but the price is just too high.
Could I say less expensive?It is not essential to add "more" because "better" is already comparative. Only comparative adjectives with two or more syllables are used with the prefix "more." Compared to confectionery, cream is a bit more pricey. Compared to the sweets, the chocolate is far more expensive.
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on january 31, year 3, pack, inc., split its common stock 2 for 1, and young, inc., issued a 5% stock dividend. both companies issued their december 31, year 2, financial statements on march 1, year 3. should pack’s year 2 basic earnings per share (beps) take into consideration the stock split, and should young’s year 2 beps take into consideration the stock dividend?
Yes, Earnings per share (beps) take into consideration the stock split, and should young’s year 2 beps take into consideration the stock dividend.
The earnings per share (EPS) ratio serves as a predictor of both current and future business earnings. Given that the stock split and stock dividend will increase the number of shares and have an impact on EPS going forward
These are planned activities that are very important to shareholders; they don't just occur because a company's CEO decided to do it one morning. Therefore, even if these occurrences hadn't happened as of the balance sheet date, they should be taken into account when calculating the current EPS.
Additionally, there will be adjustments on January 1st rather than stockholders receiving the balance at 7 AM. Investors would therefore fairly anticipate that financial statements would cover all.
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the director is responsible for shaping the structure of the production through movement, pace, and rhythm. with this in mind, the faults most often associated with poor direction are blank .
Based on the situation of the question and the available options, the faults most often associated with poor direction include "When the audience fails to understand what is going on."
What Is the Structure of the Production
The term "production structure" is used to refer to various production-related elements and the procedures that make up the production cycle.
Humans, who are frequently the directors, are in charge of the production's organizational structure. These directors are responsible for influencing the production's structure through rhythm, pace, and movement.
As a result, the following factors frequently contribute to poor direction:
When a speaker's words are repeatedly missed by the audienceFailure to find a rhythm that captures or keeps interestHence, in this case, it is concluded that the correct answer is options B, C, and D.
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Full question : The director is responsible for shaping the structure of the production through movement, pace, and rhythm. with this in mind, the faults most often associated with poor direction are blank . multiple select question. if the auteur director's concept of the production is flawed failure to establish a clear rhythm that holds or maintains interest when the audience fails to understand what is going on when the audience repeatedly misses the words being spoken.
wood county hospital consumed 400 boxes of bandages per week last year. the price of bandages was $80 per box, and the hospital operates 52 weeks per year. the cost of processing an order was $64, and the cost of holding one box throughout a full year was 20% of the value of the material. last year the hospital ordered bandages, on average, once every two weeks, each time ordering 800 boxes. what extra cost did the hospital incur that could have been avoided if the eoq concept has been applied? [you need to consider the difference between the total cost (holding cost plus setup cost) incurred with ordering 800 as compared to ordering the eoq; assume that there is no safety stock]
Economic Order Quantity is the optimal level of inventory where the inventory costs are the minimum. EOQ = (2AO/H)^(1/2).
What is Economic Order Quantity?Companies determine their ideal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to meet demand without going overboard. To reduce holding costs and surplus inventory, inventory managers calculate EOQ.
The order size that minimizes the overall holding costs as well as ordering expenses in inventory management is referred to as the "economic order quantity," or "economic buying quantity." One of the first traditional production scheduling models is this one.
The following is the EOQ formula. EOQ is equal to the square root of 2 times demand times ordering cost)/carrying cost. Demand. The EOQ's assumptions state that the demand is unchanged. How much stock is used annually or how many goods are sold annually is the measure of demand.
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damien co. has $10,000 of unearned revenues on its balance sheet. damien expects that it will earn $8,000 of these revenues in the upcoming twelve months. how much will be recorded in long-term liabilities?
Damien co. has $10,000 of unearned revenues on its balance sheet. damien expects that it will earn $8,000 of these revenues in the upcoming twelve months. $2,000 will be recorded in long-term liabilities.
The financial balance of an organization is summarized on the financial balance sheet, whether the entity is a sole proprietorship, business partnership, corporation, limited liability company, or several another type of entity such as a government or non-profit organization.
From a certain date, such as the end of the financial year, equity, liabilities, and assets are listed. A "snapshot of a company's financial health" is how the balance sheet is often called. The balance sheet is one of the only four basic financial statements that apply to a single point in a company's calendar year.
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Large firms may create a secure website known as a ____________ to link to suppliers and key business partners.
To connect with suppliers and important business partners, large companies could establish a private industrial network, a secure website.
How is a privately held exchange?Private exchanges are run and owned by a single business. The owner only transacts on the exchange with dependable suppliers and clients to exchange data. Buyers may consolidate and control purchasing through preferred suppliers thanks to those exchanges.
Who is in charge of the Internet's network?The Internet is not controlled by a single person, business, institution, or authority. It is a widely dispersed network made up of numerous voluntarily linked autonomous networks. It runs without a central governing body, with each constituent network establishing and enforcing its own rules.
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(fill in the blank) a measure of the total management fees and expenses charged to the mutual fund on an annual basis
A measurement of the mutual fund's yearly expense ratio for all management fees and costs. The answer is Expense Ratio.
What is Expense Ratio?Fund companies charge a fee known as the cost ratio for administering mutual funds. It comprises selling and marketing expenditures, transaction costs, brokerage, commission, registration fees, and management and consulting fees. The Total Expenses Ratio (TER) for any and all mutual funds has been capped by SEBI.
All direct costs associated with managing the investments, such as employing the portfolio manager & investment team, are included in the management fee. To pay for operating expenditures including the cost of employing and keeping investment advisors who oversee the funds' investment portfolios as well as any other management fees not covered by the other expenses category, mutual funds levy management fees.
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knightmare, incorporated, will pay a dividend of $5.75, $9.85, and $13.05 per share for each of the next three years, respectively. the company will then close its doors. investors require a return of 10.5 percent on the company's stock. what is the current stock price?
The current stock price of Knightmare incorporated is $22.93
The net amount of cash and cash equivalents coming into and going out of a business is referred to as cash flow. Money spent and money received reflect inflows and outflows, respectively. Fundamentally, a company's capacity to produce positive cash flows, or more specifically, its capacity to maximize long-term free cash flow, determines its ability to create value for shareholders.
To determine the stock price we need to discount the three cash flows:
cash flow 1 = $5.75
cash flow 2 = $9.85
cash flow 3 = $13.05
discount rate = required rate of return = 10.5%
stock price = CF1 / (1 + r) + CF2 / (1 + r)² + CF3 / (1 + r)³
= $5.75 / (1 + 0.105) + $9.85 / (1 + 0.105)² + $13.05 / (1 + 0.105)³
= $5.75 / 1.105 + $9.85 / 1.105² + $13.05 / 1.105³
= $5.20 + $8.06 + $9.67 = $22.93
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true or false: markets and private ownership of property create incentives to work hard and can contribute to growth in an economy.
Markets and private ownership of property create incentives to work hard and can contribute to growth in an economy. This statement is true.
Why does private property promote economic development?Private property refers to real estate that is owned by individuals or entities other than the government. Private property can include land, structures, items, and intellectual property (copyright, patent, trademark, and trade secrets).
Socialism, capitalism, and communism Because private property consists of things of value that people have the freedom to possess, use, and sell, it is crucial to our capitalist society. As a result, people have control over productive resources.
Private property encourages efficiency by providing the resource owner with an incentive to increase the value of their holdings. The more trading power a resource gives its owner, the more valuable it is.
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A perfectly competitive firm in the short run maximizes its profit by producing the
output where:
a. Marginal cost equals price
b. Marginal cost equals marginal revenue
c. Total revenue minus total cost is at a maximum
d. All of these
A perfectly competitive firm in the short run maximizes its profit by producing the output where is Option C. c. Total revenue minus total cost is at a maximum.
For a perfectly aggressive firm, profits are maximized while the fee, also known as marginal revenue, is identical to the marginal cost related to manufacturing. as long as sales is more than price, a perfectly aggressive firm can opt to produce greater to maximise income within the brief run.
Income are therefore maximized while the company chooses the level of output where its marginal sales equals its marginal price. to demonstrate the concept of income maximization, bear in mind again the instance of the company that produces a single proper the use of simplest two inputs, exertions and capital. A perfectly competitive company maximizes its income on the factor in which its overall fee curve intersects its general sales curve.
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which department in a company would be primarily responsible for developing the ideas and strategies behind a csr program?
The ideas and strategies behind a csr program Stakeholders are any people or organisations that are affected by a project, initiative, policy, or organisation, whether favourably or adversely.
They may be internal (people inside your business) or external (persons outside your organisation). Users, Providers, Influencers, and Governance, or Pig, is an acronym that makes it simple to remember these four categories of stakeholders.The main responsibility of a stakeholder is to bring their knowledge and perspective to a project in order to aid the business in achieving its strategic goals. The success of a project depends on their support. Stakeholders are any persons or organisations who have an interest in the company's success. Since an organization's authenticity is determined by how well it meets the requirements of its stakeholders.
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if the president wanted to direct the department of education to streamline the lending process for your federal student loans, what tool could he use?
if the president wanted to direct the department of education to streamline the lending process for federal student loans, the tool could use an executive order.
The Federal Reserve machine isn't "owned" with the aid of all people. The Federal Reserve changed into created in 1913 by using the Federal Reserve Act to serve as the state's primary financial institution. The Board of Governors in Washington, D.C., is a business enterprise of the federal authorities and reviews and is directly accountable to Congress.
The Federal Reserve, the imperative bank of the USA, presents the country with a safe, bendy, and solid monetary and financial machine. approximately. the Fed.
Federal. adjective. of or referring to a form of presidency or a rustic in which electricity is divided between one valuable and numerous local governments. of or regarding a treaty between provinces, states, and many others, that establishes a political unit wherein power is so divided.
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Disclaimer: The question is incomplete. Please read below to find the missing content.
If the president wanted to direct the Department of Education to streamline the lending process for federal student loans, what tool could he use?
A proclamation
A pocket veto
A pardon
An executive order
A presidential resolution
When Creative Pen Company designed a new pen that was particularly comfortable to use, it wanted to literally get the pen in the hands of as many consumers as possible. Creative Pen will probably choose __________ distribution for its new product.
A. primary B. independent C. intensive D. exclusive E. selective
When Creative Pen Company designed a new pen that was particularly comfortable to use, it wanted to literally get the pen in the hands of as many consumers as possible. Creative Pen will probably choose intensive distribution.
Intensive distribution would be the most appropriate strategy in this situation, based on the information given and the various distribution strategies. Selling a new product to as many retail locations as possible in order to increase sales and revenue is referred to by this phrase. Which is precisely what Creative Pen requires in order to reach as many customers as possible with their pens. a marketing strategy in which a business sells a product in as many locations as it can, ensuring that customers see the product wherever they go: To get their drinks into every grocery shop, pharmacy, and gas station, beverage producers use extensive distribution.
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Which of the following is included in the cost of land?
A) The cost of fencing
B) The cost of paving
C) The cost of clearing the land
D) The cost of outdoor lighting
Based on the following that is included in the cost of land is E. Brokerage commission. In the other side, C) The cost of clearing the land also included in the cost land.
When acquiring land, certain costs are necessary, ordinary and should be assigned to Land. These costs include the cost of the land, legal fees, title fees, zoning fees and also survey costs. Also included are site preparation costs like draining and grading, or the cost to raze an old structure. All of these costs may be considered necessary and ordinary to get the land ready for its intended use. Some costs are land improvements. This asset category includes the cost of parking lots, landscaping, sidewalks, similar expenditures and irrigation systems. Land is considered to have an indefinite life and is not depreciated.
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Table 10-3. Refer to Table 10-3. Taking into account private and external benefits, the total surplus to society at the socially efficient quantity is
$62.50
At the socially efficient quantity, the total societal surplus is $62.50.
Community surplus is also referred to as social surplus or society surplus. It is the sum of the consumer and producer surpluses in a market at a given price and quantity.
The level of consumer and producer surplus is maximized at a free market equilibrium price. This is also known as the allocative efficiency point. There is no other price and output combination that could increase community surplus in the absence of a change (shift) in demand and/or supply. When the community surplus is maximized, the allocation of scarce resources is optimized.
Economists distinguish between private and external costs. Private costs are those borne by the company that manufactures the product. Someone who is not involved in the transaction bears the external costs. The distinction between private and external benefits is made in the same way.
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what characteristic of a c corporation will make it possible to pass the corporation on to new owners after the original owners pass away?
The US Internal Revenue Code's Subchapter C taxes the profits of large American corporations like Microsoft and Walmart because C corporations are subject to this taxation.
C corporation is what?C corporation, sometimes referred to as a "C Corp," is a type of business company that shields the owners' private property from creditors. It may have an infinite number of owners and different stock classes.
Which business entity kinds are vulnerable to double taxation?Due to the fact that any earnings are taxed both as income for the firm and as income for the business owner, a sole proprietorship is vulnerable to double taxation. The greatest business ownership structure in terms of total net income is a sole proprietorship.
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A company had a beginning balance in retained earnings of $414,000. It had net income of $57,000 and declared and paid cash dividends of $62,000 in the current period. The ending balance in retained earnings equals: Multiple Choice $533,000. Ο $419,000. Ο $409,000. Ο $476,000. Ο $357,000.
The ending balance in the retained earnings equals $409,000 (option C)
What is retained earnings?Retained earnings is the amount of the net income of a company that is not paid out to shareholders as dividends. Retained earnings is reduced by the amount of cash dividends that is paid and it is increased by the value of the net income of the company.
Retained earnings is the link between the income statement and the balance sheet. Retained earnings is recorded in the shareholder's equity section.
Ending balance in the retained earnings = beginning retained balance + net income - cash dividends
Ending balance in the retained earnings = $414,000 + $57,000 - $62,000 = $409,000
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under flexible exchange rates, monetary policy has impacts on the domestic economy while fiscal policy has weaker impacts, as compared to in a closed economy
It works through the relationship between interest rates and exchange rates in the transmission mechanism. On the other hand the impact of fiscal policy on aggregate demand has weakened.
Flexible exchange rate monetary policy has a strong ability to change AD. The exchange rate flow does not require central banks to hold large amounts of foreign exchange reserves to maintain exchange rates. Subsidies can therefore be used to stimulate economic growth through the accumulation of capital goods.
Fiscal policy affects aggregate demand through changes in administrative spending and taxes. These factors affect work and family life which in turn affect spending and investment. Monetary policy affects the money supply in the economy which affects interest rates and growth
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a system that gathers comprehensive data, organizes it, and summarizes it in ways that are useful to managers for their nonroutine tasks is known as a(n) system.
A system that gathers comprehensive data organizes it, and summarizes it in ways that are useful to managers for their nonroutine tasks is known as an operational information system.
What is the operational information system?Data warehousing uses the phrase "operational system" to describe a system that handles an organization's daily transactions. These systems are created in such a way that regular transaction processing is carried out effectively while preserving the confidentiality of the transactional data.
A diagram of the conceptual data model serves as the representative for the operational systems (Op-If) view. It is used to outline the architecture's structural process management rules and business information requirements. It describes the data that is connected to the architectural information.
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The negative outcomes of market power include all of the following EXCEPT a. larger profits. b. smaller quantity. c. higher costs. d. lower prices.
The negative outcomes of market power include all of the following EXCEPT higher costs. It includes larger profits, smaller quantity and lower prices
What are the negative outcomes of market power?
A corporation with significant market power has the power to control its profit margin by manipulating the market price. It may also be able to raise barriers for new potential entries into the market.
That is, businesses with market power restrict the good from reaching consumers whose values exceed or are higher than the cost of production. Instead, society generates proportionately more of less valuable things, which makes society poorer overall.
Does market power result in a failed market?
When market resources are distributed inefficiently, market failure is evident. In the scenario of a monopoly firm or market, market power can lead to market failure.
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Moonbeam Company manufactures toasters. For the first 8 months of 2020, the company reported the following operating results while operating at 75% of plant capacity:
Sales (336,000 units) $4,377,000
Cost of goods sold 2,592,000
Gross profit 1,785,000
Operating expenses 840,000
Net income $945,000
The cost of goods sold was 70% variable and 30% fixed; operating expenses were 80% variable and 20% fixed.
In September, Moonbeam receives a special order for 21,600 toasters at $8.12 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $3,100 of shipping costs but no increase in fixed costs.
Prepare an incremental analysis for the special order.
Prepare an incremental analysis for the special order is 46,300. Something increasing incrementally is described as doing so over a short period of time.
Businesses utilize incremental analysis as a decision-making tool to compare the actual costs of several options. The incremental analysis method is also known as the applicable cost approach, marginal analysis, or differential analysis. Incremental analysis is a method for evaluating financial data that is also known as the relevant cost approach, marginal analysis, or differential analysis. Relevant cost, sunk cost, and opportunity cost are the three basic ideas that are pertinent to incremental analysis.
Revenues (21600 × $8.12) = $175,392
Variable cost of goods sold = $2,592,000 × 70% = $1,814,400.
Variable cost of goods sold per unit = $1,814,400÷ 336,000 = $5.4
Variable cost of goods sold for the special order = $5.4 × 21600 = $116,640.
Variable operating expenses = $840,000 × 80% = $672,000
$672,000 ÷ 336,000 = $2 per unit
21600× $2 = $43,200
$43,200 + $3,100 = $46,300
As shown in the incremental analysis, Moonbeam Company should accept the special order because incremental revenues exceed incremental expenses by $25,033.
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which control ensures that the master inventory file contains an inventory item identified by the number 251184?
(c) Validity check control ensures that the master inventory file contains an inventory item identified by the number 251184.
What is inventory?⇒Inventory or stock refers to the goods and materials that a business keeps on hand with the goal to sell, produce, or use them.
The two main considerations in inventory management are where and how items are stocked. It is crucial to take action prior to the routine and scheduled manufacturing and stocking of materials at various places inside a facility or at numerous sites of a supply network.
The definition of "inventory," "stock," or "work in process" (or "work in progress") has been broadened to include "all work inside the process of production - all work that is or has occurred prior to the completion of production" and has been applied to service businesses and projects as well as manufacturing systems.
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Question: Which control ensures that the master inventory file actually contains an inventory item identified by the number 251184?
a)Check digit verification
b)Validity check
c)Field check
d) Limit check
Record issuance of an additional 2,100 shares of $1 par value common stock for $42,000.
The record for the issuance of 2,100 shares of $1 par value common stock for $42,000 is :
Date Account title Debit Credit
XX - XXXX Cash $ 42, 000
Common stock $ 2, 100
Additional Paid in capital $ 39, 900
How to record stock issuance ?The amount of cash that is received from the issuance of the stock would go to the cash account as a debit and in this case that amount is the $ 42, 000 the stock was issued for.
The amount to be credited to the common stock account would be:
= Number of common stock x Par value
= 2, 100 x 1
= $2, 100
The Additional paid in capital would be :
= 42, 000 - 2, 100
= $ 39, 900
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