Answer:
State and federal government.
Explanation:
According to the Building Energy Efficiency standards;
Under B, subsection 6. HEATING VENTILATION AND AIR CONDITIONING SYSTEMS, changes to energy efficiency regulations impact the installation, replacement, and some repairs of heating and air conditioning units (HVAC). The level of government that are responsible for these regulations are both state and federal government.
This ultimately implies that, state and federal government are saddled with the responsibility of ensuring project managers, building engineers and other professionals abide by the regulations or standards with respect to HEATING VENTILATION AND AIR CONDITIONING SYSTEMS (HVAC).
Reyes manufacturing company uses a job order cost system. at the beginning of january, the company had one job in process (job 201) and one job completed but not yet sold (job 200). job 202 was started during january. other select account balances follow (ignore any accounts that are not listed).
Question Completion:
During January, the company had the following transactions:
a) Purchased $20,000 worth of materials on account.
b) Recorded materials issued to production as follows:
Job Number Total Cost
201 $12,000
202 21,000
Indirect materials 3,200
$36,200
c) Recorded factory payroll costs from direct labor time tickets that revealed the following:
Job Number Hours Total Cost
201 100 $2,150
202 500 10,750
Factory supervisor's 5,000
$17,900
d) Applied overhead to production at a rate of $25 per direct labor hour for 600 actual direct labor hours.
e) Recorded the following actual manufacturing overhead costs:
Items Total Cost Description
Factory rent $3,100 Paid in cash
Depreciation 2,500 Factory equipment
Factory utilities 1,750 Incurred but not paid
Factory insurance 1,250 Prepaid policy
$8,600
f) Completed Job 201 and transferred it to Finished Goods Inventory.
g) Sold Job 200 for $31,000.
Job 202 was still in process at the end of January.
Requirement: Post all transactions to T-accounts, including offsetting accounts, like the Cash Account, etc.
Answer:
Reyes Manufacturing Company
T-accounts:
Raw materials
Account Titles Debit Credit
Accounts payable $20,000
Job 201 $12,000
Job 202 21,000
Indirect materials 3,200
Accounts payable
Account Titles Debit Credit
Raw materials $20,000
Job 201
Account Titles Debit Credit
Raw materials $12,000
Salaries expenses 2,150
Manufacturing overhead 2,500
Finished Goods $16,650
Job 202
Account Titles Debit Credit
Raw materials $21,000
Salaries expenses 10,750
Manufacturing overhead 12,500
Ending Balance $44,250
Finished Goods Inventory
Account Titles Debit Credit
Job 201 $16,650
Cost of Job 200 sold $
Cost of goods sold
Account Titles Debit Credit
Finished goods $
Sales Revenue
Account Titles Debit Credit
Cash $31,000
Cash Account
Account Titles Debit Credit
Sales revenue $31,000
Manufacturing overhead
Account Titles Debit Credit
Raw materials $3,200
Salaries expenses 5,000
Job 201 $2,500
Job 202 12,500
Salaries Expense
Account Titles Debit Credit
Job 201 $2,150
Job 202 10,150
Manufacturing overhead 5,000
Explanation:
All the accounts involved in Reyes Manufacturing Company's January transactions are posted to the general ledger in the form of T-accounts with debit and credit sides. The balances are not extracted.
plz tell me the books that I need to study for bcom 1st year (my major subject is accounts)
Answer:
And financial expression
Identify the term for unsold goods, raw materials, Or work-in-progress that a company has.
Answer:
Inventory
Explanation:
Inventory refers to
The finished products in the warehouse or store that is ready for sale. Raw materials used in the production of goodsGoods that in the production process, also known as work in progress.Inventory is held with the intention of selling. It is classified as current assets. Income realized from the sale of inventory is revenue to the business.
Please!!!!!!!!!!!!!!!!!!!!please!!!!!!!!!!!!!!!!!
What is Marketing and why is it important in a global economy? How do you interact with and are
affected by marketing daily?
Answer:
Many companies have become disillusioned with sales in the international marketplace as old markets become saturated and new ones must be found. How can they customize products for the demands of new markets? Which items will consumers want? With wily international competitors breathing down their necks, many organizations think that the game just isn’t worth the effort.
This is the experience curve for the fictional Motorcycle STICKER industry. The average slope is .167 meaning that for every doubling of output costs drop 83.3%. Xtreme Stickers Inc. just came out with a brand new product that is better than anything else in the industry. Even though we are talking abut stickers competitors cannot copy you very quickly. As the CEO of Xtreme Stickers Inc. you need to decide how to price your stickers. What pricing model will you choose?
Answer:
Aggressive Pricing Model
Explanation:
In a scenario such as this one, the best pricing model would be an aggressive pricing model. This is because due to the slope being 0.167 this means that the faster your business grows the lower prices you can charge for your product while still making the same profit margins. This is due to your output costs dropping by more than half as you grow. These lower prices also allow you to compete with the other industries in the market and outperform them drastically due to being able to charge a much lower price for the same product as the competition.
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Owen wants to start a tutoring business. He has a space rented and a lot of ideas, but he has no employees who can tutor the students. Which category of economic resource does he require?
labor
entrepreneurial ability
land
Answer:
entrepreneurial ability
Sorry, no one answered your question sooner, hope that helps.
labor <><><><><><><><><><><><>
Jill's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from two different suppliers. The parts are needed throughout the entire 52-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from a supplier who stops by every five weeks. Data for both products are as follows:Item tegdiw wigetAnnual demand 10,000 5,000Holding cost 20% 20%Set up or order cost 150 25Lead time 4 week 1 weekSafety stock 55 units 5 unitsItem cost 10 2What is the inventory control system for widget?
Answer:
a. What is the inventory control system for Tegdiws? That is, what is the reorder quantity and the reorder point for Tegdiws
• Reorder quantity= 1,225 units
• Reorder point = 11,346.29 units
b. What is the inventory control system for Widgets
• Inventory control system for Widgets is 576.9 units.
Explanation:
Please find attached detailed solution to the above questions and answers.
What is the best what to make money
Explanation:
Be a Customer Service Rep. U-Haul offers the best of both worlds. ...
Fill Out Surveys Online. Survey Junkie is a website that pays teens for sharing their opinion. ...
Get Paid to Search the Internet. ...
Test Products. ...
Sell Textbooks. ...
Design T-Shirts. ...
Babysit. ...
Offer Services For $5.
What sort of work can 14 and 15-year-olds do?
Barista.
Busser.
Caddy.
Cashier.
Dog walker.
Dishwasher.
Grocery bagger.
Host/hostess.
Retail Method; Gross Profit Method Selected data on merchandise inventory, purchases, and sales for Jaffe Co. and Coronado Co. are as follows: Cost Retail Jaffe Co. Merchandise inventory, February 1 $400,000 $615,000 Transactions during February: Purchases (net) 4,055,000 5,325,000 Sales 5,100,000 Coronado Co. Merchandise inventory, May 1 $400,000 Transactions during May through October: Purchases (net) 3,150,000 Sales 4,750,000 Estimated gross profit rate 35% Required: 1. Determine the estimated cost of the merchandise inventory of Jaffe Co. on February 28 by the retail method, presenting details of the computations. Jaffe Co. Cost of the Merchandise Inventory February 28 Cost Retail $ $ $ $ Ratio of cost to retail price: % $ $ 2a. Estimate the cost of the merchandise inventory of Coronado Co. on October 31 by the gross profit method, presenting details of the computations.
Answer:
1. Estimated cost of the merchandise inventory of Jaffe Co. on February 28 by retail method us $733,764.71
2a. Estimated cost of the merchandise inventory of Coronado Co. on October 31st by gross profit method is $462,500
2b. Estimated loss of inventory due to damage or theft during May through October is $96,000.
Explanation:
Please find attached detailed breakdown of the above questions and answers.
Which type of economy is used by the United States?
HELPPPPPPPPP
Answer:
mixed economy
Explanation:
The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism.
mixed economy
The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism
what are the process of capital formation explain
Answer:
Capital formation means increasing the stock of real capital in a country. In other words, capital formation involves making of more capital goods such as machines, tools, factories, transport equipment, materials, electricity, etc., which are all used for future production of goods.
Answer: Capital formation means increasing the stock of real capital in a country.
Explanation:
One common element of all mass media (whether it is a news article, TV commercial, book or anything intended for a large audience) is that the message is:
A. Emotional
B. Objective
C. Constructed
Answer:
C
Explanation:
most of mass media tries to advertise the people that are watching or looking at it a product of some sort
Andy's utility function for candy is. U(x) = 10vx. If Andy eats 64 pieces of candy,
how much utility does Andy receive?
Answer:
U(x) = 10vx. If Andy eats 64 pieces of candy,
Explanation:
7. Another example of opportunity cost is a company's cost of capital. Suppose a manufacturer wants to add
microwave ovens to its product line. To do this, it must invest $500,000 in new equipment.
Besides the original investment, the company estimates it would spend $200,000 per year on production
costs for labor and materials. It also estimates that it could sell about $225,000 worth of microwave ovens
each year. Would it benefit the company to manufacture the microwave ovens if it could earn 10 percent
interest by purchasing U.S. Treasury bonds with the $500,000? Explain your answer.
Answer:
You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.
Explanation:
alternative 1, build and sell microwave ovens:
initial outlay = $500,000
net cash flow per year = $225,000 - $200,000 = $25,000
alternative 2, invest in US securities:
investment = $500,000
net cash flow per year = $500,000 x 10% = $50,000
Opportunity costs are the benefits lost or extra costs resulting from choosing one activity or investment over another.
If you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000 = -$25,000.
Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000 = $25,000.
You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.
The calculation is as follows:alternative 1, build and sell microwave ovens:
initial outlay = $500,000
So,
net cash flow per year = $225,000 - $200,000 = $25,000
now
alternative 2, invest in US securities:
investment = $500,000
net cash flow per year = $500,000 x 10% = $50,000
In the case when you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000
= -$25,000.
Now
Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000
= $25,000.
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What is created during the design phase of ADDIE as a vehicle for feedback before moving on to the next stage?
A) Thesis
B) Storyboard
C) Prototype
D) Internship
Answer:
c: prototype
Explanation:
HELP PLSSS
Define what an "industry credential" is in relation to Career Technical Education.
•
Then explain
2 important reasons for acquiring industry credentials (also called technical certifications).
•
Your answer should include BOTH the definition and two reasons for acquiring them.
•
1. Definition of Industry Credential:
•
2. Two reasons for acquiring industry credentials or technical certifications:
Answer:
1. is a qualification or level of competence that is authorized by a relevant third party to the specific qualification. It's usually in written form.
2. a- Gain work experience of the candidate.(eg occupational credentials) hence increasing earning capability.
b- Gain knowledge and proffessional skills that amounts to increase in competency lvls.
How do management accountants help managers make business decisions?
Answer:
Relevant costs analysis
Audience targeting
Make or buy evaluations
Define Budgets
Explanation:
mark me brainlist plese
You survey 125 employees and determine that 25 are extremely unhappy. As you walk the floor, you run into a random employee, what are the odds that she is extremely unhappy
Answer:
0.2 or 20%
Explanation:
The odds of meeting an unhappy person will be the no. of unhappy people divided by the sample size.
=25/125
=1/5
The odds are 1 in every five people is extremely unhappy.
1/5 = 0.2 or 20%
Supper Company Ltd., reported the following stockholders’ equity on its balance sheet at June 30,
2012:
Supper Company Ltd.
Stockholders’ Equity
June 30,2012
Paid-in Capital
Preferred stock, 10%,? par, 650,000 shares authorized, 280,000 shares issued $ 1,400,000
Common stock, par value $? per share, 5,000,000 shares authorized,
1,000,000 shares issued and outstanding
2,000,000
Paid-in capital in excess of par—common 6,000,000
Total paid-in capital 9,400,000
Retained earnings 12,300,000
Total Stockholders’ equity $21,700,000
Requirements:
1. What is the par value per share of Supper’s preferred stock? (Show Workings)
2. What is the par value per share of Supper’s common stock? (Show Workings)
3. What is the selling per share for the $6,000,000 reported as paid-in capital in excess of par –
common? (Show Workings)
4. Prepare two (2) summary journal entries to record issuance of all the Supper Company Ltd stock for
cash. Explanations are not required.
Answer:
1. Par Value of Preferred stock;
= Preferred stock value / Shares issued
= 1,400,000/280,000
= $5
2. Par Value of Common Stock
= Common stock value / Shares issued
= 2,000,002/1,000,000
= $2
3. Selling price per share including Paid-In Cap
Paid-in cap is the price of a share that exceeds its par value. Selling price therefore is;
= (Par Value + Paid In cap)/ Number of shares
= (2,000,000 + 6,000,000) / 1,000,000
= $8 per share
4.
DR Cash $1,400,000
CR Preferred Stock $1,400,000
DR Cash $8,000,000
CR Common Stock $2,000,000
Paid-In Capital in excess of par - Common Stock $6,000,000
What is the key difference between a transaction account (checking) and a time deposit (savings, CD, etc.)?
Answer:
A checking account is operated using a cheque book while a time deposit is operated by the use of a pass book
Explanation:
Here, we want to examine the difference between a transaction account and a time deposit account.
While both of these are accounts types used in banks, there are some key differences between them.
For a checking account, it is operated using a cheque book to request for funds inside while bearing a very little amount of interest due to the fact that withdrawals can be effected regularly.
For a time deposit account, although it bears a small difference with normal savings account due to the fact that the interest rate is lower. However, the difference here is that a passbook is used in requesting funds from it and it bears a higher interest rate compared to a checking account
Small businesses selling on credit find that:
a. it is relatively inexpensive and simple.
b. it is expensive and requires a great deal of effort.
c. it is essentially borrowing money from the customer.
d. many can get by without selling on credit because their business customers don't expect to use credit.
Answer:
b. it is expensive and requires a great deal of effort.
Explanation:
selling on credit is basically lending money to customers and it can be very expensive for a small business. First of all, the risk of not getting paid always exists. Second, a small business doesn't generally have excess cash in order to finance credit sales. This means that you might probably need to borrow money yourself to finance your customers.
The good side of credit sales is that they might help you increase your total sales. But you have to calculate which is higher, the costs or the benefits.
A job application is a form used to make a job request. (3 points)
True
False
Answer:
I would say it is True.
Explanation:
A job application form states your personal information
Transworld Deliveries is expanding its contract home delivery service into the Northeastern United States. The company anticipates that to accommodate this expansion it will need between 35 and 80 staffed delivery vehicles. Transworld is currently moving 35 of its own vehicles, with drivers, into the Northeast. The daily cost of operating its own fleet is $730 per vehicle, while the daily cost of leasing a vehicle and driver is expected to be $1,300 per vehicle. Using an expected value approach, should Transworld purchase additional vehicles and hire additional drivers? If so, how many would you recommend?
Question Completion:
Demand Requirements (in vehicles)
Requirements 20 35 50 80
Probability 0.35 0.15 0.1 0.4
Answer:
Transworld Deliveries
1. Transworld Deliveries should purchase additional vehicles and hire additional drivers.
2. I recommend 14 new vehicles with drivers to bring the number from 35 vehicles to 49 vehicles.
Explanation:
a) Data and Calculations:
Vehicles requirements (Range) 35 and 80
Own Vehicles being moved = 35
Cost of own fleet = $730 per vehicle
Cost of leasing = $1,300 per vehicle
Decision: Purchase additional vehicles or
Lease additional vehicles
Expected Vehicles Required:
Requirements 20 35 50 80
Probability 0.35 0.15 0.1 0.4
Expected value 7 5 5 32
Total expected number of vehicles required = 49
Additional vehicles required = 49 - 35 = 14
Cost of leasing additional vehicle = 14 * $1,300 = $18,200
Cost of purchasing vehicles and hiring additional drivers = $730 * 14 = $10,220
Difference in costs = $18,200 - $10,220 = $7,980
true or false losing inventory for the year ended 31 August 2018 will be closing inventory for the year ended 31 August 2019
true because they closed
One month ago, Kyle made a goal to save $800 for a new video camera. The deadline is in seven months. He now has $110 saved. Evaluate his progress toward reaching his goal. Is Kyle on track to reach his goal? Yes or no?
Answer:
No, he will not reach his goal if he saves $110 per month.
Explanation:
Answer:
yes
Explanation:
What role do executive agencies play in developing the federal budget?
A. Executive agencies sign off on the final spending bill proposed by
Congress.
B. Executive agencies develop budget requests that are sent to the
OMB.
C. Executive agencies determine which spending programs will be
mandatory.
O D. Executive agencies resolve differences between the House and
Senate versions of the budget.
SUBMIT
Answer:
B. Executive agencies develop budget requests that are sent to the OMB
Just got it right
The role that executive agencies play in developing the federal budget is that executive agencies develop budget requests that are sent to the OMB. Hence, Option B is correct.
What is the federal budget?A federal budget is comprised of the spending and revenues of the U.S. federal government. It is the financial representation of the priorities of the government, reflecting historical debates and competing for economic philosophies.
The work in regards of the budget actually begins in the executive branch the year before the budget is to go into effect. It is the federal agency that creates the budget requests and submits them to the White House Office of Management and Budget (OMB).
Therefore, Option B is correct.
Learn more about federal budget from here:
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The lessons or skills that a person gains by working in a specific job or occupation is known as _____.
A. training
B. experience
C. certification
D. education
Answer:
experience
Explanation:
Assume that at one point a business sells organizers for a price of $20 each, which cost $10 to produce (variable costs). The business's fixed expenses for the period are $4,000. What is the break-even point?
300 units
200 units
100 units
400 units
Answer:
400 units
Explanation:
From the contribution margin concept, the break-even point is obtained by dividing the fixed costs by the contribution margin per unit.
For this business, fixed costs are $4,000
Contribution margin per unit is equal to sales price - variable cost per unit
=$20 - $10
= $10
Break-even point = $4000/$10
=400 units
Timothy Gates and Prada Singh decide to form a new company, TGPS LLC (a multimember LLC that will report its operations as a partnership). Timothy is married, and Prada is single. Each contributes $400,000 of capital to begin the business, and both materially participate in the business. In 2019, TGPS reports a net loss of $580,000. What are the implications of this loss for Timothy and Prada?
Answer:
Since Timothy is married (and probably files as married filing jointly) can use $290,000 (half of the total loss) to offset nonbusiness income.
On the other hand, since Prada is single, she has an excess business loss of $40,000 ($290,000 - $250,000). She can only use $250,000 (part of her share of the loss) to offset nonbusiness income. The remaining $40,000 must be carried forward and may be used in the future.
airline pilots are transportation and tourism career true or false
Answer:
True
Explanation:
(i have no explanation i just know)
Answer:
True
Explanation:
Airplane pilots fly people to different areas around the world( which may be for tourism) so they are part of the transportation and tourism career.