Bonita Industries planned to use 1 yard of plastic per unit budgeted at $101 a yard. However, the plastic actually cost $100 per yard. The company actually made 4600 units, although it had planned to make only 3800 units. Total yards used for production were 4660. How much is the total materials variance?

Answer:

C. Alpha Colony has an absolute advantage because it has an established manufacturing infrastructure and trained workers

Explanation:

Absolute advantage is when a country produces more efficiently than its trading partners.

Comparative advantage is when a country has a lower opportunity cost in production when compared with its trading partners.

Alpha Colony always produces higher quality textiles and technology with fewer raw materials and in less time than Beta Colony. Therefore, alpha colony has an absolute advantage because it produces more efficiently than beta colony.

Established manufacturing infrastructure and trained worker explain the absolute advantage because these factors ensures efficient use of materials and lessens production time.

I hope my answer helps you.

All the best

Final answer:

The avoidable cost of eliminating the Tennis segment at Wilson Co. is $520,000 annually. This includes direct production costs, product design costs, and allocated facility-level costs, which are all relevant costs related to the segment.

Explanation:

To calculate the avoidable cost of eliminating the Tennis segment at Wilson Co., we need to consider only the relevant costs related to the production and maintenance of the segment. Relevant costs are costs that would disappear if the segment were eliminated.

In this case, the relevant costs include:

Hence, the avoidable cost for the Tennis segment is:

The total avoidable cost of eliminating the Tennis segment would be $520,000 annually.

Answer:

Customer relationship management

Explanation:

Customer relationship management is a strategy used in most organisation    in which official make plan to retain their customers. They analyse the data about the customer, their professional history, their gross profit, nature of business etc. These all process help to boost the growth of company to the next level.

Answer:

thnx!

Explanation:

FOB factory means the buyer assumes responsibility, cost, and risk for shipping as per UCC, indicating responsibility for the goods shifts once shipped, not related to payment terms or the delivering company assuming title.

When James specified in the contract that the protective window bars for a nursing home complex were to be shipped FOB (Free On Board) factory, it implicates a specific meaning in terms of shipping terms as per the Uniform Commercial Code (UCC). The correct answer to what FOB factory means according to the UCC is that the buyer assumes responsibility, cost, and risk for shipping of the bars. This term indicates that once the seller ships the goods, the buyer is responsible for any damage or loss that may occur during transportation. It does not pertain to the payment terms regarding when the seller expects to be paid, nor does it indicate that the delivering company assumes title of the goods during transit.

Answer:

d. the search process of matching workers with jobs.

Explanation:

Frictional unemployment is also called "Search Unemployement" is base on the individual's circumstances and is independent of the economy. Commonly is the time "between jobs" when the person is searching for a new job or transitioning from one job to another. This is a temporary unemployement and it can be though like a good sign for the economy since it idemonstrates that people are looking a better job that the one they had before.

Frictional unemployment is the result of a persistent mismatch between the skills and characteristics of workers and the requirements of the jobs. It is caused by the search process of matching workers with jobs.

Frictional unemployment is caused by a persistent mismatch between the skills and characteristics of workers and the requirements of the jobs. It occurs when individuals are in the process of changing jobs or entering the workforce. Frictional unemployment is a natural part of any healthy economy and can result from individuals searching for better job opportunities or gaining new skills.

For example, if a worker decides to leave their current job to explore a better opportunity, they might experience a period of frictional unemployment. During this time, they are actively searching for a new job that aligns with their skills and interests.

In summary, frictional unemployment is caused by the search process of matching workers with jobs. It is not necessarily a negative aspect of the economy and can be seen as a sign of a dynamic job market where individuals have opportunities to find better matches for their skills and interests.

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Answer:

None of the answers is correct, it should be 64 utils

Explanation:

If Barry's utility from consuming a used novel is 32 utils and the book costs $4, he was able to get 8 utils per dollar (= 32 / $4).

If an audio book costs $8, then Barry should obtain $8 x 8 utils per dollar = 64 utils.

The CPI is a measure of inflation based on a basket of goods and services that the average consumer purchases. On the other hand, the GDP deflator is an economic measure that observes the average prices of all goods and services included in the economy and accounts for what is actually purchased in a given year.

The Consumer Price Index (CPI) is a measure of inflation calculated based on the price level from a fixed basket of goods and services that represents the average consumer's purchases. The CPI is used to observe the price changes of a typical basket of goods and services over time, providing a measure of the cost of living. This value is calculated by dividing the value of all goods and services produced in the economy for the current year, using current year’s prices, by the value of all those goods and services but using the base year’s prices, and it multiplied by 100.

Contrarily, the GDP deflator is an economic metric that converts output measured at current prices into constant-dollar GDP. This Price Index measures the average prices of all goods and services included in the economy. The GDP deflator picks up prices of what is actually purchased in that year, making it unbiased. This reflects prices for all goods and services produced domestically, not just those bought by consumers, thereby providing a broader measure of price changes in an economy.

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The GDP deflator measures inflation by averaging prices of all domestically produced goods and services, while the CPI focuses on a fixed basket of goods and services consumed by households, including imported items. The different scopes of these two indices make them suitable for different economic analyses and policy-making.

GDP Deflator vs CPI

The GDP deflator and the Consumer Price Index (CPI) are both important economic indicators used to measure inflation. While the CPI calculates the change in the price of a basket of goods and services purchased by households, including imported goods, the GDP deflator reflects average prices of all new, domestically produced, final goods and services in an economy. The GDP deflator is calculated using the formula where Nominal GDP is divided by Real GDP and multiplied by 100, thus tracking inflation by considering the goods and services that compose the Gross Domestic Product (GDP).

The CPI is the more familiar measure to the general public and tends to capture the day-to-day inflation experienced by consumers. However, some items, such as military equipment like stealth bombers, do not affect the CPI because they are not typically purchased by households, yet they do influence the GDP deflator. Conversely, imported goods count towards the CPI but not the GDP deflator.

Both indices are useful for measuring inflation, but they have different applications with the CPI adjusting for the real value of wages and pensions, while the GDP deflator providing a broader indication of inflation within an economy by encompassing all goods and services produced domestically.

Answer:

What is the question?

Explanation:

I suppose that is if it is profitable to hire the new worker, according to microeconomics this decision must be based in something called marginal income and must be compare with the marginal cost because they can increase the income but not the profit depending of the cost of the new worker.

Money market mutual fund balances are not included in either M1 or M2.

The item not included in either M1 or M2 is a. Money market mutual fund balances. M1 and M2 are measures of money supply in an economy. M1 includes currency held by the public, checkable deposits, and traveler's checks, while M2 includes M1 plus savings deposits, small-denomination time deposits, and retail money market mutual fund balances.

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In the context of M1 and M2, which are classifications of money supply, money market mutual fund balances do not fall under either category as they are considered investments, not liquid forms of money.

In the context of economics and finance, the money supply (M1 and M2) represents different classifications of money based on liquidity. M1 includes the most liquid forms of money such as currency in circulation and checking deposits. M2 includes all components of M1, as well as those that are slightly less liquid such as savings accounts and non-institutional money-market funds.

In the list of items provided, money market mutual fund balances are not included in either M1 or M2. This is because this specific type of fund is considered an investment and does not possess the same liquidity as cash, checking deposits, or savings deposits, which are all considered forms of money in M1 or M2.

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Answer:

Excess reserves =  $18750

so correct option is D) $18,750

Explanation:

given data

Stella deposits = $25,000

reserve ratio = 25 percent

to find out

how much will the bank's excess reserves increase

solution

we get here first required reserves that is express as

required reserves  = deposits ×  reserve ratio     ....................1

put here value we get

required reserves  = $25000 × 25%

required reserves  = $25000 × 0.25

required reserves  = $6250

and

excess reserve will be here as

Excess reserves = deposits - required reserves    ......................2

put here value

Excess reserves = $25000 - $6250  

Excess reserves =  $18750

so correct option is D) $18,750

Answer:

The correct answer is: appreciates by the same percentage.

Explanation:

According to the purchasing power parity theory, the value of the currency of the two countries is compared on the basis of a basket of goods. If the basket of goods costs the same in both the countries then the currencies are said to be in equilibrium or at par.  

If the price level increase in a country, it means that the basket of goods became expensive in that country by the same percentage as an increase in the price level.  

So the value of the currency of the other country will appreciate the same percentage as the price rise.

Answer:

The answer is the dampening effect

Explanation:

The multiplier effect amplifies the effects of an increase in government expenditures, while the crowding-out effect diminishes the effect is called__the dampening effect____________.

Answer: If he retires 10 years from now he will receive a retirement benefit of $650,000 and if he retires today he will receive $340,000 today, we need to find out if 650,000 is discounted at 6% for 10 years will its present value be more or less than 340,000. If the present value of 650,000 10 years from now discounted at 6% will be more than 340,000 he should not retire immediately and if the present value is less than 340,000 he should retire immediately.

Present Value = Future Value/(1+Rate)^Number of periods

Future Value = 650,000

Number of periods = 10

Rate = 6%

Present Value = 650,000/1.06^10

Present Value=362956

The present Value of 650,000 is more than 340,000 which means that Kyrie should not retire immediately.

Explanation:

Answer:

B. smart goal.

Explanation:

SMART goal -

The word SMART is the an acronym -

S = Specific ,

M =  Measurable ,

A = Achievable ,

R = Realistic ,

T = Timely .

These are the goals of any business organisation in order to motivate and direct the employees to do well and give new ideas or new resources for the success of the company .

It enables the people to focus and make efforts to achieve the goal and to make company successful .

In the similar way ,

Gwen is helping Billy to get SMART goals for the company .

Answer:

false,true,false,true,true,true

36. True

37. True

38. False

39. True

40. False

41. False

42. True

43. True

44. True

45. True

46. False

47. True

48. True

49. False

50. True

51. False

52. False

53. True

54. False

55. False

36.

A production possibilities graph can indeed show the effects of industrialization on the environment by depicting the trade-offs between producing goods and services and preserving the environment.

37.

Land, labor, and capital are indeed three factors of production that are essential for producing goods and services in an economy.

38.

Any intersection of points inside the line (to the left of the line) on a production possibilities graph does not necessarily indicate that the economy is growing. It may indicate underutilization of resources or inefficiency in production.

39.

When a business chooses to make one product over another, there is indeed always a trade-off involved because resources are limited. This reflects the concept of opportunity cost.

40.

Competition does not always ensure that consumers will be able to purchase products at the lowest possible price. Factors such as market power, supply, and demand dynamics also influence prices.

41.

In centrally planned economies, the government typically owns most of the factors of production, rather than the people.

42.

In a circular flow of money of a mixed economy, the government does indeed put money into the economy by purchasing goods and services that are needed to run the government and help society.

43.

In a free market economy, producers do take the money they earn from selling products and use it to buy the things they want and need.

44.

When there is a shortage, producers often raise the price of the good so that demand will be lowered, helping to alleviate the shortage.

45.

Medicare is indeed one redistribution program implemented by the government to redistribute income to provide healthcare benefits to the elderly and certain disabled individuals.

46.

The U.S. Treasury does not conduct check clearing services for all banks in the country. This task is typically performed by the Federal Reserve.

47.

Expansionary policies do indeed involve increasing government spending and cutting taxes to stimulate economic growth.

48.

When a market is in equilibrium, the quantity demanded and the quantity supplied are indeed equal, resulting in no shortage or surplus.

49.

When the quantity demanded for a good is elastic, it means the demand for the product is influenced by price changes, not that it is unaffected by them.

50.

Some corporations do sell shares of stock to the public as a means of raising capital for investment and growth.

51.

The structural approach is not used to calculate Gross Domestic Product (GDP). GDP is typically calculated using the expenditure approach, income approach, or production approach.

52.

Unemployment does have significant effects on the economy, including reduced consumer spending, lower economic output, and social costs.

53.

Unemployment rates nearest zero are not desirable in the economy because they can lead to labor shortages, inflationary pressures, and potential inefficiencies in resource allocation.

54.

Nominal GDP is calculated using current prices, not unchanging prices. Real GDP adjusts for inflation and is calculated using constant prices.

55.

Unemployment typically indicates economic contraction rather than expansion, as it reflects underutilization of labor resources and reduced economic output.

Answer:

The main information given by this statement is that the net income per share has increased by 6¢ a share.

All the other stuff about the decision of not issuing new stock because it would lower net income per share is just a probability but is not really that important.

Whether they have to issue new stock to pay for future debts or supplemental compensation to employees is not that important because it didn't happen. In the future the company will have to decide how to pay for those expenses, hopefully they will have the cash to do so or they can issue new stock or new bonds. They don't even know how much they will have to pay since compensations are usually tied to other factors like performance, etc.

Answer:

The correct answer is A) Landrum-Griffin .

Explanation:

U.S. Law Against union corruption. With the official title of the Labor-Employer Information and Disclosure Law, you will have federal laws for union representatives that will embezzle the organization's funds or prevent union members from exercising their legal rights. The law was requested in response to Senate investigations that highlighted links between workers and organized crime. Among its provisions was the strict prohibition of exercising the secondary boycott (trade union initiative aimed at preventing an employer from dealing with another employer who is in turn subject to a strike or boycott) and greater freedom for each state in the country set the conditions of labor relations within its limits.

Answer:

1.8

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Given:

Cash = $12,000

Accounts receivable = $24,000

Current liabilities = $20,000

Acid test ratio is also known as quick ratio. It is the ratio of quick assets to current liabilities.

Quick assets = Cash + Accounts receivable

Quick assets = $12,000 + $24,000

Quick assets = $36,000

Now, acid test ratio or quick ratio can be calculated as:

Quick ratio = [tex]\frac{Quick assets}{Current liabilities}[/tex]

Quick ratio = [tex]\frac{36,000}{20,000}[/tex]

Quick ratio = 1.8

Answer: Profit oriented

Explanation: Profit orientated strategies aims to set prices that will earn the company a profit. Companies do this by setting a price that is higher than the cost of goods or services they sell, and selling it at this price to customers. In this way they earn a profit on each sale that they make.

In this case Diffusion Research company first estimates the cost of conducting and delivering the research and then uses efficient operations to lower these costs. Operational efficiency entails delivering quality goods or services to consumers in the most cost effective way, and in this way maximising the profits earned on these goods and services. This indicates that a profit orientated pricing objective is used.

Answer:

Option (C) is correct.

Explanation:

Given that,

Share of common stock (par value $5) = $20 (at a time when the stock was selling for $32)

Price paid for 2,000, $1,000 bonds with the warrants attached = $205,000

Market price of the Lake = $180,000

Market price of the warrants = $20,000

The amount allocated to the warrants should be:

= [Market price of warrants ÷ (Market price of warrants + Market price of Lake)] × Price paid

= [$20,000 ÷ ($20,000 + $180,000)] × $205,000

= $20,500

Answer:

public relations known as publicity.

Explanation:

Based on the information provided within the question it can be said that Lenny's efforts indicate that he is involved in a form of public relations known as publicity. This basically refers to a company's presence in the media. This can include television news outlets, newspapers, or even radio. The last of which is the case in this scenario since Lenny sent the news release about the new product to all the local radio stations.

Answer:

b. Annual holding cost, annual ordering cost, annual purchasing cost

Explanation:

The fixed order quantity total cost function is an economic order quantity model which comprises of annual holding cost, annual ordering cost and the purchasing cost

The formula to compute economic order quantity is shown below:

= [tex]\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}[/tex]

The number of orders would be equal to

= Annual demand ÷ economic order quantity

The average inventory would equal to

= Economic order quantity ÷ 2  

d. The total cost of ordering cost and carrying cost equals to

Ordering cost = Number of orders × ordering cost per order

Carrying cost = average inventory × carrying cost per unit

Purchasing cost = Annual demand × price per unit

Thus, the b option is correct

Final answer:

The fixed-order quantity total cost function is composed of annual holding cost, annual ordering cost, and annual purchasing cost.

Explanation:

The set of all cost components that make up the fixed-order quantity total cost (TC) function includes the annual holding cost, annual ordering cost, and the annual purchasing cost of the inventory. The annual holding cost represents the cost of storing the inventory over a year. The annual ordering cost accounts for the expenses associated with placing orders for inventory replenishment. Lastly, the annual purchasing cost is the cost of the actual items being purchased for inventory, which can also be referred to as the unit cost, and is calculated as the price per unit multiplied by the quantity. Option b is correct among the given following options .

Answer:

The correct answer is He is prejudiced, but does not discriminate against women.

Explanation:

A prejudice (from lat. Praeiudicium, ‘judged beforehand’) is the process of forming a concept or judgment on some person, object or idea in advance. In psychological terms, it is an unconscious mental activity that distorts perception.

Prejudice refers to the unfounded judgment and the affective tone. Allport notes that the phrase "think badly of other people" should be understood as "an elliptical expression, which includes feelings of contempt or dislike, fear and aversion, as well as various forms of hostile behavior, such as speaking against certain people. , practice some kind of discrimination against them or attack them with violence ». In the daily practices of the subjects, the prejudice operates from valuation budgets based on customs, traditions, myths and other lessons learned throughout the processes of identity formation. Allport does not include the possibility of positive rating in its definition. His essay was written in order to serve as teaching material for university students and the general public regarding the issue of ethnic discrimination, particularly that suffered by Jews and black Americans, which is why it is considered an important text in psychology social, because it states that racism is produced by "imaginary fears", which leads us to a positive vision that it is possible to eradicate prejudice in order to live in a more harmonious society.

With an inventory overstatement of $23,500, the corrected total assets for Bramble Inc. would be $2,381,500, and the corrected net income would be $307,500 for the current year.

When correcting for an overstatement of inventory, both total assets and net income must be adjusted. Given that Bramble Inc. initially reported total assets of $2,405,000 and net income of $331,000, we must subtract the amount by which inventory was overstated at the beginning of the year, which is $23,500.

Therefore, the corrected total assets amount would be $2,405,000 - $23,500 = $2,381,500.

Similarly, an overstatement of inventory would have resulted in an overstatement of net income since the cost of goods sold would have been understated. As such, the corrected net income would be $331,000 - $23,500 = $307,500.

Answer:

Opton a $0

Explanation:

Factual misstatements There is no doubt of a mistake. There is an instance necessary to dsiclosure the correct information which is missing.

This is not the case as the company has a doubful accounts and disclosure in his statements.

Therefore, this is not a factual misstatement. The company has used an inferior or different method than the auditor.

Final answer:

Cheyenne's home insurance provides personal property coverage at 70% of the $300,000 insured value. The calculation is 0.70 multiplied by $300,000, giving a coverage of $210,000 for personal belongings.

Explanation:

Cheyenne's home insurance policy offers personal property coverage at 70% of the home's insured value. To calculate the personal property coverage amount, we will use the insurance value of the home, which is $300,000, rather than the rebuild cost ($320,000).

The calculation for Cheyenne's personal property coverage is as follows:

Let's do the math:

Covered personal property amount = 0.70 * $300,000
= $210,000

Therefore, the amount of Cheyenne's household belongings that would be covered by the insurance policy is $210,000. The correct answer is (e) $210,000.

Answer: C $22,100

Explanation: Bank Reconciliation

8/31/10 Bank Balance $21,650

Add:

8/31/10 Deposit in transit. $3,900

Less:

8/31/10 Outstanding Chq. $2,750

8/30/10 Rtd Chq. $600

8/31/10 Bank Charges. $100

Cash book balance $22,100

Answer:

expected year-end dividend is 2.44

Explanation:

given data

rate of return =  10.25% = 0.1025

sells price = $57.50 per share

constant rate =  6.00% per year = 0.06

to find out

What is the expected year-end dividend, D1

solution

we will apply here sells price formula that is express as

sells price = Dividend in 1 year ÷ ( cost of equity - growth rate )      ................1

put here value we get

57.5 = [tex]\frac{D1}{0.1025 - 0.06}[/tex]

solve it we get

D1 = 2.44

so expected year-end dividend is 2.44

Answer:D) the bond is probably being called by the issuer because interest rates went up

This statement is not true because when interest rates go up the issuer is at an advantage as he had previously borrowed money at a interest rate which is lower than the present interest rate, as interest rates have risen. Also when interest rates rise and the issuer calls the bond he will have to pay higher interest to re borrow money and this is foolish thus the issuer will not call the bond when interest rates rise. The issuer will call the bond when interest rates fall, as the issuer can re issue the bonds and borrow money at lower interest rates.

Explanation:

Answer:

B) monetary policy.

Explanation:

The federal reserve is a central bank and whenever a central bank uses various measures to change the quantity of money or money supply it is regarded as monetary policy. The fed can change money supply by changing interest rates or quantitative easing and all of this comes under monetary policy.

Answer:

Monetary policy

Explanation: