Answer:
the answer is d
Explanation:
The best ranks in Agriculture, Food, and Natural Resources careers from highest to lowest required degree is Veterinarian - Environmental Engineer - Nursery Manager - Landscaper. Thus the correct option is D.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
A Veterinarian is referred to as an individual who has the expertise to treat animals. These are referred to as professionals who diagnose diseases and provide adequate treatment based on the diagnosis.
Animals are managed manually by the majority of veterinarians in hospital locations as tools and resources are available there. These veterinarians might perform general medicine, providing care for various species of animals.
Therefore, option D is appropriate.
Learn more about Career, here:
https://brainly.com/question/2160579
#SPJ2
Choose the cultures that display the Latin American enthusiasm for dance. Brazil Mexico Scotland Wales
Answer:
Mexico and Brazil
Explanation:
They are both countries known for Latin America
What is an organization that uses resources to produce a product which
then sells called?
household
competition
private property
Answer:
A business or firm is an organization that uses resources to produce a product which it then sells.
Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, have 12 years remaining to maturity, and have a required rate of return of 10 percent. (LG 3-5) a. The bond has a 6 percent coupon rate. b. The bond has a 8 percent coupon rate.
Answer:
the bonds' current market value = PV of face value + PV of coupon payments
a. The bond has a 6 percent coupon rate.
PV of face value = $1,000 / (1 + 5%)²⁴ = $310.07
PV of coupon payments = 30 x 13.799 (PV annuity factor, 5%, 24 periods) = $413.97
bond's market value = $724.04
b. The bond has a 8 percent coupon rate.
PV of face value = $1,000 / (1 + 5%)²⁴ = $310.07
PV of coupon payments = 40 x 13.799 (PV annuity factor, 5%, 24 periods) = $551.96
bond's market value = $862.03
Which of the following activities also contributes to your financial success? Check all that apply. Self-awareness and knowledge of your own values, as well as attitudes and behaviors regarding money, spending, and saving. Knowledge of the general condition and events occurring in the local, state, regional, national, and international economic environments. The development of an effective plan that is consistently applied until it is revised in accordance with changes in your goals and life circumstances. Knowledge of what other average people believe and how they behave, because they affect the same financial markets and economic conditions that affect you.
Answer:
The correct answers are the first, second and third options. All of them but the last one.
Explanation:
To begin with, when it comes to terms of financial success regarding someone personal matters, the majority of activities that can strength up those financial thoughts are the ones that improve yourself as a financial thinker, like the self-awareness and knowledge of the person's own values when it comes to money and its spending and saving because that will make the person see the importance of keeping it sometimes to spending it other times for better thing that can give him better future opportunities. Moreover, the development of an effective plan that shows to him how he must spend those saving and how he must control himself from the waste of money will also help as well as the fact that he knows and understand the conditions and circumstances that affect the local, national and international economy that will eventualy end up affecting the person's financial life.
The activities that contribute to financial success include the following:
A. Self-awareness and knowledge of your own values, as well as attitudes and behaviors regarding money, spending, and saving.
B. Knowledge of the general condition and events occurring in the local, state, regional, national, and international economic environments.
C. The development of an effective plan that is consistently applied until it is revised in accordance with changes in your goals and life circumstances.
What is financial success?
Financial success involves making consistent financial efforts to achieve a better financial position.
Thus, to achieve financial success, one must not know the belief and behavior of other average people but must become self-aware, know the economic environments, and develop an effective plan.
Learn more about achieving financial success here: https://brainly.com/question/11409445
Presenteeism is exhibited in all the following ways except:___________.
a. even when injured reporting to work. coming to work when ill.
b. when an employee faces dangerous conditions to get to work.
c. when the employee is preoccupied by personal problems.
d. when an absence would immediately affect many people.
Answer: d. when an absence would immediately affect many people
Explanation: Presenteeism as culled from the word present may be described as a situation whereby an individual or employee makes himself or herself available at work despite the challenges being faced which should have kept such employee out of work. This challe ges may range from bodily or physical injury or sickness, emotional and psychological disorder and other factors which could limit productivity and output or even result in avoidable loss on the path of the employer if such employee had stayed off work. A sick worker or one who faces dangerous challenges to get to work but still manages to be present exhibits Presenteeism.
"Consider a C corporation. The corporation earns $13 per share before taxes. After the corporation has paid its corresponding taxes, it will distribute 0% of its earnings to its shareholders as a dividend. The corporate tax rate is 42%, the tax rate on dividend income is 27%, and the personal income tax rate is set at 20%. What are the shareholder's earnings from the corporation after all corresponding taxes are paid?"
Answer:
$1.41144
Explanation:
Assuming that distribution of its earning to its shareholder is 30% as against the 0% which is likely a mistake because the tax rate on dividend income of 27% is also given in the question
Earning before tax $13
Less: Corporation tax $5.46
($13 * 42%)
Earnings after tax $7.54
Dividend distribution = $7.54 * 30% = $2.262
After tax dividend = $2.262 * (1-0.27) = $2.262 * 0.78 = $1.7643
Shareholder earnings after Income tax = $1.7643 * (1 - 0.20) = $1.7643 * 0.80 = $1.41144
Therefore, the Shareholder earnings from the Corporation assuming the distribution of its earning to its shareholder is 30% is $1.41144
Which of the following is NOT a part of the listening process? A. Hearing
B. Understanding C. Focusing
D. Talk
Answer:
D
Explanation:
The listening process should not be the part of the talk.
The listening process involves following parts:
Understanding. Focusing. Hearing.If we talk so we can't listen to it via understanding, focusing, and hearing.
Therefore we can conclude that option d is correct.
Learn more: brainly.com/question/21053934
Philip Morris expects the sales for his clothing company to be $670,000 next year. Philip notes that net assets (Assets − Liabilities) will remain unchanged. His clothing firm will enjoy a 9 percent return on total sales. He will start the year with $270,000 in the bank. What will Philip's ending cash balance be?
Answer:
the ending cash balance is $330,300
Explanation:
The computation of the ending cash balance is shown below:
Ending cash balance = Opening cash balance + Profit
= $270,000 + (9% × $670,000)
= $270,000 + $60,300
= $330,300
We simply added the opening cash balance and the profit so that the ending cash balance could come
Hence, the ending cash balance is $330,300
which of the following statement is correct? a. Process group is the same as project phases, b. each process group has a mapped project phase, c. process group are not project phases, d. the monitoring and control process group applies only in the monitoring and control phase
Answer:
The answer is C
Project groups are NOT project phases.
Q 1.) ROUTINE REQUEST FOR INFORMATION (Marks 05 – Time required: 25 minutes) THE TASK: Re-write this letter, correctly understanding its purpose, by following the writing process and the 7 C’s, you have studied during the course. Please use the letter format. You can make necessary assumptions and delete/add information. I am writing to inquire about your recent order for a custom wedding suit. You forgot to mention what color you want, and you failed to include your measurements. I would like to clear up this confusion quickly so that we will be able to provide you with the suit before the wedding. When, exactly, is the happy day? I know you must be busy getting ready for the wedding, but if you can spare the time, you might want to stop by in person to pick out your suit, because we do offer an incredibly wide selection of fine wedding attire. At that time, you could also select an appropriate tie and shirt. I would also suggest that you choose clothing for your best man and ushers, assuming that you are having a large wedding. We are prepared to provide the best in both custom and rental formal attire for your entire wedding party, regardless of how large or small it may be. Incidentally, you should also bring your fiancée along to coordinate the men’s clothing with the bridesmaid’s dresses. You know how picky women are about clothes. If you can’t come by in person, you should send me a letter stating your measurements and indicating your color and style preferences, or call me at 633-4296. After we receive this information, we will need at least two weeks to complete the suit. Thank you for your cooperation in this matter. Assessment Rubric • Content/Ideas/Relevance: 1.5 • Organizational Strategy (Direct/Indirect): 1.5 • Format: 0.5 • Language (YOU attitude & Accuracy): 1.5
Answer:
The correct answer is given below
Please mark brainliest
Explanation:
Dear Sir,
We are grateful to have you as our customer, some details of the recent your order is missing and we would like you to provide us with that so the dress gets ready in time, we would like to know the color of your suit, and the measurements, and also please let us know when is your big day so we can make the dress and provide you with it a few days before the wedding day so if there is any problem we can help with it, please note that we also provide men wedding suits as well so you can buy from our shop with a matching color.
Clothing for best man and ushers are also important to look great, we have a large variety of it too, all your dressing problems will be solved under one roof. If you like you can bring the bride to be along yourself so we can take her measurements and she can choose the color of her choice for her big day and can also take decisions on purchasing bridesmaids dresses as we have a vast variety for them as well.
If you wish not to visit here please send us the above mentioned details in a letter or call us at 633-4296. After the information is received your dress will take about 15 days to get ready.
Awaiting your visit.
regards,
ABC private limited as given the dividend of $5 last year and has promised to increase the dividend by 8% each year for the next four years.
a. Find out the dividend of each of the next four years. [2 marks]
b. If the stocks are selling at $120 at the end of fourth year, find out the price of stock today, assuming expected return as 12%.[2 marks]
c. Write a detailed comment on what will happen to the today’s selling price of the stock if the expected return is increased from 12% to 16%.[3 marks]
d. If the stocks are selling at $90 today, find out the price of stock at the end of fourth year, assuming expected return as 12%. [2 marks]
e. Write a detailed comment on what will happen to the selling price of the stock at the end of fourth year if the expected return is decreased from 12% to 8%.
Answer:
a. Year 1 dividend - $5.40; Year 2 dividend = $5.83; Year 3 dividend = $6.30; and Year 4 dividend = $6.80
b. Price of stock today = $76.26
c. When the the expected return is increased from 12% to 16%, the price of stock today will fall from $76.26 to $66.27. This indicates a 13% decrease in price. Therefore, there is a negative relationship between the price of stock today and the expected return. That is, as the expected return increases, the price of stock today decreases.
d. The price of stock at the end of fourth year is $141.62.
e. When the the expected return is decreased from 12% to 8%, the price of stock the end of fourth year falls from $141.62 to $122.44. This indicates a 14% decrease in price. Therefore, there is a positive relationship between the price of stock today and the expected return. That is, as the expected return decreases, the future price of stock also decreases.
Explanation:
a. Find out the dividend of each of the next four years. [2 marks]
Growth rate = 8%, or 0.08
Year 1 dividend = Last year dividend * (1 + Growth rate) = $5 * (1 + 0.08) = $5 * 1.08 = $5.40
Year 2 dividend = Year 1 dividend * (1 + Growth rate) = $5.40 * (1 + 0.08) = $5.40 * 1.08 = $5.832, or $5.83
Year 3 dividend = Year 2 dividend * (1 + Growth rate) = $5.832 * (1 + 0.08) = $5.832 * 1.08 = $6.29856, or $6.30
Year 4 dividend = Year 3 dividend * (1 + Growth rate) = $6.29856 * (1 + 0.08) = $6.29856 * 1.08 = $6.8024448, or $6.80
b. If the stocks are selling at $120 at the end of fourth year, find out the price of stock today, assuming expected return as 12%.[2 marks]
To calculate this, we use the present value (PV) formula as follows:
PV = FV / (1 + r)^n ..................... (1)
Where,
PV = Price of stock today = ?
FV = Stock selling price at the end of fourth year = $120
r = expected return = 12%, or 0.12
n = number of years = 4
Substitute the values into equation (1), we have:
PV = $120 / (1 + 0.12)^4 = $120 / (1.12)^4 = $120 / 1.57351936 = $76.26
Therefore, the price of stock today is $76.26
c. Write a detailed comment on what will happen to the today’s selling price of the stock if the expected return is increased from 12% to 16%.[3 marks]
To calculate the price of stock today, we use equation (1) in part b above and change r to 16%, or 0.16; while other values remain the same. Substituting the values into equation (1), we have:
PV = $120 / (1 + 0.16)^4 = $120 / (1.16)^4 = $120 / 1.81063936 = $66.27
Percentage change in price = ($66.27 - $76.26) / $76.26 = -0.13, or -13%
Comment:
When the the expected return is increased from 12% to 16%, the price of stock today will fall from $76.26 to $66.27. This indicates a 13% decrease in price. Therefore, there is a negative relationship between the price of stock today and the expected return. That is, as the expected return increases, the price of stock today decreases.
d. If the stocks are selling at $90 today, find out the price of stock at the end of fourth year, assuming expected return as 12%. [2 marks]
To calculate this, we use the future value (FV) formula as follows:
FV = PV * (1 + r)^n ..................... (2)
Where,
FV = Stock selling price at the end of fourth year = ?
PV = Price of stock today = $90
r = expected return = 12%, or 0.12
n = number of years
Substitute the values into equation (2), we have:
FV = $90 * (1 + 0.12)^4 = $90 * (1.12)^4 = $90 * 1.57351936 = $141.62
Therefore, the price of stock at the end of fourth year is $141.62.
e. Write a detailed comment on what will happen to the selling price of the stock at the end of fourth year if the expected return is decreased from 12% to 8%.
To calculate the price of stock at the end of fourth year, we use equation (2) in part c above and change r to 8%, or 0.08; while other values remain the same. Substituting the values into equation (2), we have:
FV = $90 * (1 + 0.08)^4 = $90 * (1.08)^4 = $90 * 1.36048896 = $122.44
Percentage change in price = ($141.62 - $122.44) / $141.62 = -0.14, or -14%
Comment:
When the the expected return is decreased from 12% to 8%, the price of stock the end of fourth year falls from $141.62 to $122.44. This indicates a 14% decrease in price. Therefore, there is a positive relationship between the price of stock today and the expected return. That is, as the expected return decreases, the future price of stock also decreases.
The principal differences between capital markets and money markets are that:__________.
A. money and capital markets deal in the same securities, the only difference is term.
B. capital markets deal in long-term debt and equity securities, while money markets deal only in short-term debt.
C. money markets deal only in short-term government debt.
D. both markets deal in short-term debt securities; however, capital markets deal also in equity securities which have an indefinite term.
Answer:
B. capital markets deal in long-term debt and equity securities, while money markets deal only in short-term debt.
Explanation:
Most Company uses money market to raise short term funds and capital markets for long term funds. Money market is a market for short term borrowings. Usually the securities are held for less than or up to a year. And capital market on the contrary is where securities are held for a long term i.e more than a year. Money market is concerned with liquid fund requirement and capital market is for long term capital fund requirement.
Do you think the study of Financial Accounting can help you in running your business? Why?
Answer:
It could save you alot of money, personally I run my own online business, and I do all the accounting myself instead of hiring someone to do it, although its very time consuming.
Aldricus is a shutterbug. He takes his camera everywhere he goes. He has hung hundreds of pictures on his walls. For Aldricus, photography is a _____.
hobby
career
bore
job
Answer:
hobby
Explanation:
just took the test
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 40,000 Total fixed manufacturing overhead cost $344,000 Variable manufacturing overhead per machine-hour $ 3.90 Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places.)
Answer:
The amount of overhead applied to Job M759 is closest to: $516
Explanation:
Applied overheads = Predetermined overhead rate × Actual Activity
Where,
Predetermined overhead rate = Budgeted Fixed Overheads ÷ Budgeted Activity
therefore,
Predetermined overhead rate = $344,000 ÷ 40,000 machine hours
= $8.60 per machine hour
Applied overheads (Job M759) = $8.60 × 60 machine-hours
= $516
how does opportunity cost affect decision making
Opportunity costs apply to many aspects of life decisions. Often, money becomes the root cause of decision-making. If you decide to spend money on a vacation and you delay your home's remodel, then your opportunity cost is the benefit of living in a renovated home.
During October, a firm had the following transactions involving revenue and expenses. Paid $1,275 for rent for October Provided services for $2,900 in cash Paid $280 for the October telephone service Provided services for $2,050 on credit Paid salaries of $1,750 to employees Paid $380 for the monthly office cleaning service Calculate the net income or net loss for the period?
Answer:
Net income $1,265
Explanation:
The computation of the net income or net loss is shown below:
Revenues
Cash revenues $2,900
Credit revenue $2,050
Total revenues (a) $4,950
Less:
Expenses :
Rent ($1,275)
Telephone ($280)
Salaries ($1,750)
Office cleaning service ($380)
Total expenses (b) ($3,685)
Net income $1,265 (a - b)
A successful employee at Gawker media has to be able to smell a great story, uncover the facts of the story, and professionally weave it all together into a great story. The ability to uncover the facts of a story requires good journalists to set aside their own ______________ component of attitude.
Answer:
Behaviorial.
Explanation:
The behavioral component of an individual's attitude is defined by the way the individual behaves influenced by their attitudes. In the case of a professional who needs to discover facts of a story in a professional way so that he can publish a great story, his behavioral component of attitude will be neglected by the fact that the actions taken will be in favor of a job that requires the individual has a certain type of behavior, and not because this is a behavioral attitude that he would have if he were in a personal situation of his life.
Which of the following is NOT an example of an incentive?
a. stock options
b. commissions
c. profit-sharing plans
d. bonuses
e. education reimbursements
Answer:
e. education reimbursements
Explanation:
Incentives can be defined as a financial motivation, rewards or compensations which are given to either employees working in an organization or a group of people in order to motivate them to do more or take certain steps (actions) and give their best. Some examples of an incentive are profit-sharing plans, signing bonus, stock options, bonuses, commissions, raises etc.
However, education reimbursements is not an example of an incentive.
The other items are examples of an incentive scheme with the exemption of e. education reimbursements.
Education reimbursements are compensations paid to employees who are not earning the normal emoluments like salaries and wages.
Incentives encourage increased performance. Examples of incentive include stock options, profit-sharing plans, bonuses, and commissions.
Thus, the item that is NOT an example of an incentive is e. education reimbursements.
Learn more about incentives here: https://brainly.com/question/964887
Over the years, Masterson Corporation's stockholders have provided $35,000,000 of capital when they purchased new issues of stock and allowed management to retain some of the firm's earnings. The firm now has 1,900,000 shares of common stock outstanding, and the shares sell at a price of $30 per share. How much value has Masterson's management added to stockholder wealth over the years, that is, what is Masterson's MVA
Answer:
$22,000,000
Explanation:
The computation of Masterson's MVA is shown below:-
MVA = Current market value - Initial capital provided by stockholders
= (1,900,000 × $30) - $35,000,000
= $57,000,000 - $35,000,000)
= $22,000,000
Therefore for computing the Masterson's MVA we simply applied the above formula.
Hence, the Masterson MVA is $22,000,000
BQUESTION NO.1 Two social issues of Pakistan are listed below. You can choose any one of these issues for analysis and recommendations as per the details that follow. Write short, to-the-point answers. No copy-pasting is allowed. If you use any material from any source, give citation. (10 marks). SOCIAL ISSUES 1. Drug abuse 2. Climate change a. Write a short statement defining the issue clearly, that is, what it is, how it is a social issue, and why it is an important issue. (2 mark) 50 words b. List its 5 major causes and describe each cause such that its logical causal relation with the chosen social issue appears quite clear. Make sure that you list causes of the chosen issue, not the effects. (2 mark) 100 words c. Select any three causes and list them separately. For each cause, recommend institution wise solutions (solutions at the level of 2-3 institution for each cause), making sure that your solutions are practical, and you have described the logical steps of their implementation. List each cause as a separate heading and under each cause put the names of social institutions as sub-headings. (6 marks) 200 words usiness
Answer:
Climate Change
Please mark Brainliest
Explanation:
(a) Climate has always been an important issue for the world, the emission of toxic gasses effects the ozone layer which causes climate change, if the situation is continued the climate change can become severe and unbearable.
(b) - Emission of toxic gases from industries
- Cutting of forests
- Polluting water by disposing waste in water
- High carbon Emission by cars, buses
- Not planting trees
(c)
- High carbon Emission by cars, buses
The cars should semi annually be checked for its carbon emission and only healthy cars and buses should be allowed to be operated.
The cars should be annually checked for carbon emission and the higher the rate of carbon emission the more tax percentage to be paid by the owner of the car/bus, this will encourage the owners to maintain their cars.
(This tax law is practiced by UK)
- Polluting water by disposing waste in water
The waste by Industries should not be disposed in water, instead there should be such machinery which can convert the waste into something usable say for example the machine converts the waste into plastic bricks which can be used to make houses for poor people.
On March 1, 2021, Brown-Ferring Corporation issued $100 million of 12% bonds, dated January 1, 2021, for $99 million (plus accrued interest). The bonds mature on December 31, 2040, and pay interest semiannually on June 30 and December 31. Brown-Ferring’s fiscal period is the calendar year. Required: 1. Determine the amount of accrued interest that was included in the proceeds received from the bond sale. 2. Prepare the journal entry for the issuance of the bonds by Brown-Ferring.
Answer and Explanation:
1. The amount of the accrued interest rate is
= Principal × rate of interest × time period
= $100,000,000 × 12% × 2 months ÷ 12 months
= $2,000,000
The 2 months are considered from December 31 to March 31
2. And, the journal entry is
Cash Dr $101,000,000 ($99,000,000 + $2,000,000)
Discount on bond payable $1,000,000
To Bond payable $100,000,000
To Interest payable $2,000,000
(being the issuance of the bond is recorded)
Here it debited the cash as it increased the assets and credited the bond payable and interest payable as it also increased the liabilities
Answer:
$2,000,000
Explanation:
________ is what is left after a firm pays its variable costs and fixed costs
Profit is what is left after a firm plays its variable costs and fixed costs.
How do society, politics, and culture affect HRM?
Explanation:
Human resource management is responsible for attracting, retaining and helping employees to develop skills that will contribute to an organization achieving its objectives and goals.
Therefore, this strategic business area is directly impacted by society, politics and culture, as human capital in companies is increasingly valued in companies, as today's society is more connected and more informed, which requires companies to adapt to increasingly developed and organized standards with respect to labor relations.
The globalized world directly impacted the relationship between the employee and the company, as it is necessary to stand out in an environment where there is so much competition, and this is also included in the area of human resources, because through an effective HR management, it is possible to capture and retaining talent for the organization that adapts to a world where there is greater interaction, greater need for innovation and vision.
The policy is also essential for the protection of employees and their rights, which means that HR must not only comply with legislative requirements for hiring, but also offer benefits that exceed those required, so that candidates are attracted to work in a company well positioned in the market.
exxon mobile corporation explores, produces, refines, markets, and supplies crude oil, natural gas, and petroleum products in the United States and around the world. Indicate how the accounts normally should be categorized on a classified balance sheet. common stock notes and loans payable
Answer:
As some of the answers are already in the list I'll focus on the ones that are not.
3. Common Stock
Balance Sheet Classification ⇒ SE
Debit or Credit Balance ⇒ Credit
4. Patents
Balance Sheet Classification ⇒ NCA - Non current asset
Debit or Credit Balance ⇒ Debit
5. Income Taxes Payable
Balance Sheet Classification ⇒ CL
Debit or Credit Balance ⇒ Credit
7. Marketable Securities (short term- Investments)
Balance Sheet Classification ⇒ CA
Debit or Credit Balance ⇒ Debit
8. Property, Plant and Equipment
Balance Sheet Classification ⇒ NCA
Debit or Credit Balance ⇒ Debit
9. Investments ( Long - term)
Balance Sheet Classification ⇒ NCA
Debit or Credit Balance ⇒ Debit
Takeover target is run by entrenched management that insists on reinvesting 60% of its earnings in projects that provide a ROE of 10%, despite the fact that the firm’s capitalization rate is r=15%. The firm’s year-end dividend will be $2 per share, paid out of earning of $5 per share. At what price will the stock sell? What is the present value of growth opportunities (PVGO)? Why such a firm be a takeover target for another firm?
Answer:
Growth = ROE * Retention ratio
Growth = 10% * 60%
Growth = 6%
Price of Stock = Dividend / (Capitalization Rate - Growth)
Price of Stock = 2/(15%-6%)
Price of Stock = 2 / 0.09
Price of Stock = 22.22
The stock will sell at per $22.22
PVGO = Stock Price - Earnings per share / Cost of Equity
PVGO = 22.22 - 5 / 15%
PVGO = 22.22 - 5 / 0.15
PVGO = 22.22 - 33.33
PVGO = -$11.11
Conclusion: Since Present Value of Growth Opportunities (PVGO) is negative, the ROE will decrease and share price will fall. So the investor can takeover the firm at lower price in future .
Barnes Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost information has been compiled: Number of Number of Number of Product Setups Components Direct Labor Hours Standard 22 8 375 Deluxe 28 12 225 Overhead costs $20,000 $40,000 Number of setups and number of components are identified as activity-cost drivers for overhead. Assuming an activity-based costing system is used, what is the total amount of overhead costs assigned to the standard model?
Answer:
Standard= $24,800
Explanation:
Giving the following information:
Number of: Setups Components
Standard 22 8
Deluxe 28 12
Overhead costs $20,000 $40,000
First, we need to calculate the predetermined overhead rate for each activity:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Setups= 20,000 / (22+28)= $400per setup
Components= 40,000 / (8+12)= $2,000 per component
Now, we can allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Standard= 400*22 + 2,000*8
Standard= $24,800
When considering marketing's place in the economy, what is the most important role the marketing function plays?
A. Bringing products to market.
B. Creating value for customers.
C. Contributing to shareholder wealth.
D. Employing a workforce.
Answer:
B. Creating value for customers.
Explanation:
Marketing is all about building values for customers. Its about creating customer relationships which are profit generating. Any company or brand has a value proposition. It is the set of benefits the company promises to deliver to the consumer to satisfy his/her needs. Thus marketing is the bridge which connects the brand with the customers perceived value of the brand. It makes sure the customer pledges loyalty to the brand, by delivering on its promises on the value proposition. Thus, the most important role that marketing plays in the economy is Creating Value for Customers.
Which of the following lists consists of support activities?
a. human resource management, technology development, customer service, and procurement
b. human resource management, customer service, marketing and sales, and operations
c. customer service, information systems, technology development, and procurement
d. human resource management, technology development, procurement, and firm infrastructure
Answer:
D. human resource management, technology development, procurement, and firm infrastructure
Explanation:
Support activities in business which can also be reffered as "overhead or staff function" can be explained as the all actions that are necessary for the "primary activities" of the firm to be carried out effectively.
It should be noted that these support activities are ;
✓human resource management, ✓technology development, procurement,
✓ firm infrastructure
All these support activities are essential.
human resource management is one of the support activities that look over the effective management of staffs in the organization.
technology development is another support activities that involves using scientific and technical knowledge in finding solution in the organization for greater yield
The Option that consists of support activities includes "human resource management, technology development, procurement, and firm infrastructure"
Support activities refers to an overhead or staff function whose operation actions are necessary for the "primary activities" of the firm to be carried out effectively.
Some of the function the support activities includes;
human resource managementtechnology developmentprocurementfirm infrastructureHence, the Option C is correct because its consists of support activities which includes "human resource management, technology development, procurement, and firm infrastructure"
Read more about support activities
brainly.com/question/6663692
3. Finding the key to industrial efficiency There are five sandwich shops in the city of Romeria that are constantly competing for customers. Each sandwich shop always looks for ways to improve its sandwiches while keeping costs under control. Most economists would agree that this scenario would likely lead to industrial .
Answer: Efficiency
Explanation:
The five sandwich shops constantly competing in an effort to gain competitive advantage over their competitors whilst keeping costs low are adhering to one Porter's competitive advantage theories which is Cost Leadership.
This benefits the industry as a whole because the sandwich companies will keep coming up with new ways and technologies to produce sandwiches at the lowest cost so that can increase their productivity.
Efficiency by definition is to make things at the lowest cost so the sandwich shops constantly aiming to reduce or at least maintain cost while increasing production is going to lead to Industrial Efficiency.