Answer:
The 14th worker will need to increase sales by 20 pounds for a total of 390 pounds
Explanation:
The worker cost is $80
To make a profit the company will need sales for at least that amount:
$80 wages per day / $4 earnings per pound = 20 pounds
in total sales would need to be 370 + 20 = 390 pounds
The actual cost of direct materials is $10.50 per pound. The standard cost per pound is $11.75. 42) During the current period 10,000 pounds were used in production and 11,500 pounds werepurchased. The standard quantity for actual units produced is 9,900 pounds. The direct materials efficiency variance is:A) $1,175 favorable
B) $16,800 unfavorable
C) $1,175 unfavorable
D) $1,050 favorable
Answer:
Direct materials efficiency variance = 1175 unfavorable
so correct option is C) $1,175 unfavorable
Explanation:
given data
actual cost = $10.50 per pound
standard cost per pound = $11.75
current period = 10,000 pounds
purchased = 11,500 pounds
actual units produced = 9,900 pounds
to find out
direct materials efficiency variance
solution
we get here Direct materials efficiency variance that is express as
Direct materials efficiency variance = Standard rate × ( Standard quantity - Actual quantity ) ..................1
put here value in equation 1 and we get
Direct materials efficiency variance = 11.75 × ( 10000 - 9900 )
Direct materials efficiency variance = 11.75 × 100
Direct materials efficiency variance = 1175 unfavorable
so correct option is C) $1,175 unfavorable
What is the real exchange rate if the exchange rate between the U.S. dollar and the yen is $1 = ¥100, the price level in the United States is 90, and the price level in Japan is 100?
Answer:
¥90 per dollar
Explanation:
In order to calculate the real exchange rate between the US dollar and the Japanese Yen, we must multiply the nominal exchange rate by the domestic price level divided by the foreign price level.
In this case the domestic price level in the US is 90, and the nominal exchange rate is ¥100 per dollar, then the real exchange rate = ¥100 x (90/100) = ¥90
eneral Products Inc. is a small clothing designer and manufacturer located in the United States. A vast majority of the company's revenues comes from U.S. sales, although about ten percent of the company's revenue come from sales to Canada. General Products Inc. can best be described as using which global corporate strategy?
a. Domestic strategy
b. Multidomestic strategy
c. Globalization strategy
d. Transnational strategy
e. Export strategy
Answer: The correct answer is "e. Export strategy".
Explanation: and. Export strategy is the global corporate strategy that best describes General products inc. because In spite of being in the United States and that the majority of its income comes from there, it does not stop focusing the business in Canada, because 10% of the income comes from exports to Canada.
What criteria must be evident in order for a conflict to occur between individuals?
a.Differences must be expressed openly and recognized by both partners
b.Partners must be interdependent
c.Partners must have incompatible goals
d.All of the above
In order for a conflict to occur between individuals, differences must be expressed openly and recognized by both partners, partners must be interdependent, and partners must have incompatible goals.
Explanation:In order for a conflict to occur between individuals, there are several criteria that must be evident. First, there must be differences expressed openly and recognized by both partners. Second, the partners must be interdependent, meaning that their actions and decisions affect each other. Third, the partners must have incompatible goals, meaning that they are seeking different outcomes or results.
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As the brain receives information about the lines, angles, and edges of objects in the environment, higher-level cells process and interpret the information to consciously recognize objects. This process best illustrates______.a sensation.b bottom-up processing.c perception.d selective attention.e psychophysics.
Answer: (C) Perception
Explanation:
The perception is basically depend upon the individual person interpretation of the given situation and everyone has different perception based on the different types of situation.
The perceptive is the process in which the sensory information are get interpreted, selected and the organized.
According to the question, the given process is basically illustrate about the perception by interpreting the received information for consciously reorganized the given object.
Therefore, Option (C) is correct.
Other things the same, which of the following would shift the supply of dollars in the market for foreign exchange to the right?a. foreigners want to buy more U.S. bonds b. foreigners want to buy fewer U.S. bonds c. foreigners want to buy more U.S. goods and services d. foreigners want to buy fewer U.S. goods and services
Answer:
The correct answer is option a.
Explanation:
An increase in the demand for US bonds will shift its demand curve to the right. This rightwards shifts in the demand curve for US bonds will increase their price.
The higher price of bonds indicates a lower interest rate. At lower interest rate investment in the US will become less profitable. So the domestic investors will invest their money in the countries with higher interest.
This will increase the supply of US dollars in foreign exchange. This increase in the supply of US dollars will shift the supply curve to the right.
g Which of the following methods does U.S. tax law always require to be used in pricing intercompany transfers of tangible property? Multiple Choice
a.Comparable uncontrolled price method.
b. Comparable profits method.
c.Cost-plus method. Best method.
Answer:
The correct answer is D. Best method.
Explanation:
As a result of the BEPS Action Plan, as well as the Report on Actions 8 through 10 called “Ensure that the results of transfer prices are in line with the creation of value,” some considerations on the application of the CUP to transactions involving raw materials, commodities or commodities. These considerations were included in the 2017 update of the OECD Guidelines. In this sense, the update of the guidelines apart from establishing certain recommendations for their application, confirms that the CUP is generally the most appropriate method to establish the price of free competition in the transfer of commodities.
Despite the observed evolution of the OECD Guidelines in relation to traditional transactional methods, the increasing integration of multinational companies has made the identification of comparable transactions more difficult, making the application of these methods less common and opening the door to the application of methods based on profitability, without detriment of carrying out the due process of evaluation of the method that best applies to the analysis of the specific taxpayer transaction.
Suppose one economist believes the target rate of unemployment is 4.5 percent while another believes it is 5.5 percent. Using Okun’s rule of thumb, by how much would you expect their estimates of potential GDP to differ in a $10 trillion economy?
Answer:
$200 billion
Explanation:
Okun's law (or rule of thumb) states that for every 1% point drop in unemployment, the total output of the economy will increase by two percent.
In this case, since unemployment varies by 1% (= 5.5% - 4.5%), that would mean that the potential GDP differs in $200 billion (= $10 trillion x 2%) depending on which economist's unemployment estimation we use.
Final answer:
Using Okun's rule of thumb, the difference in potential GDP estimates in a $10 trillion economy due to differing target rates of unemployment of 4.5% and 5.5% would be approximately $200 billion.
Explanation:
Using Okun's rule of thumb, which indicates that for every 1% increase in the unemployment rate, a country's GDP will be an additional roughly 2% less than its potential GDP, we can estimate how two economists' differing views on the target rate of unemployment would affect their estimates of potential GDP.
If one economist believes the target rate of unemployment is 4.5% and another at 5.5%, there is a 1% difference in their views. In a $10 trillion economy, applying Okun's rule of thumb would mean a 2% difference in GDP attributed to the 1% difference in unemployment rates. Therefore, the economist who believes the target rate is 4.5% would estimate the potential GDP to be $200 billion higher than the economist who believes it is 5.5%.
In conclusion, the difference in the economists' estimates of the potential GDP in a $10 trillion economy, due to a 1% difference in the target rate of unemployment, would be approximately $200 billion.
After developing a new jewelry design, Christina and Julee were fortunate to get the attention of a large online retailer. The retailer was willing to fund the production of the jewelry abroad, as long as the designers agreed to sell their design through its outlets for the first two years. The retailer was asking Christina and Julee to agree to____________.
Answer:
Exclusive distribution
Explanation:
The retailer is asking Christian and julee to agree to exclusive distribution. Exclusive distribution is where an organisation chooses to make its items accessible to clients through a predetermined number of retailers or merchants. The term states to a sort of understanding between a maker a couple of go-between to give the items to shoppers in a particular geological territory.
ANSWER:
exclusive distribution
STEP-BY-STEP EXPLANATION:
Exclusive distribution is where an organization chooses to make its items accessible to clients through a predetermined number of retailers or merchants. The term alludes to a sort of understanding between a maker a couple of middle people to give the items to customers in a particular land are.
The word “exclusive” implies that the distribution is carefully defined and implemented by the producer through only one channel. Under this type of arrangement, the distributor chosen by the producer is the only one that owns the rights to sell the product. This term differs from other possible types of distribution that place the products in numerous different retailers and channels.
Suppose the absolute value of the price elasticity of demand for basketball game tickets on your campus is greater than 1. Increasing ticket prices will increase the total revenue from ticket sales.True or False.
Answer:
The correct answer is: false.
Explanation:
The absolute value of price elasticity greater than 1 implies that the demand for basketball game tickets relatively prices elastic.
In other words, a change in price causes more than proportionate change in the quantity demanded.
In this situation, if the price for tickets is increased, the quantity demanded will decrease by more than proportionate. This will cause total revenue to decline.
So the given statement is false.
Decreasing returns to scale may occur as increasing the amount of inputs used Select one:
a. increases specialization.
b. always increases the amount of output produced.
c. may cause coordination difficulties.
d. increases efficiency.
Answer:
c. may cause coordination difficulties
Explanation:
Decreasing returns to scale means output increases less than proportionately to the increase of inputs (less returns as scale increases).
(a), (b), (d) lead to more efficiency as scale increases => increasing returns to scale
(d) coordication difficulties make production less efficient, where less output can be made as more inputs are used => decreasing returns to scale
Adjusting entries are Select one: a. usually required before financial statements are prepared b. not necessary if the accounting system is operating properly c. made to balance sheet accounts only d. made whenever management desires to change an account balance
Answer:
Correct option is (a)
Explanation:
Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.
Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.
If the Fed wants to increase equilibrium income, it should _____ the supply of money, which will _____ interest rates. The change in interest rates will _____ consumption and investment, causing aggregate demand to _____.
Answer:
The correct answer is: increase; decrease; increase; rise.
Explanation:
If the Federal reserve system wants to increase the equilibrium income it should increase the money supply. This increase in money will increase the availability of money in the money market.
This will cause the supply curve to shift to the right. This rightward shift in the supply curve will cause the interest rate to decline.
As the interest rate decreases, the cost of borrowing declines. So it becomes cheaper to borrow funds. This causes consumption and investment to increase. As a result, aggregate demand increases.
Answer:
안녕 하세요 있다 보니 너무 많이 와서 같이 하고 있다 보니 너무 많이 받으세요 수 있는 것이 기회를 주셔서
Managed Healthcare’s current stock price is $25, its next per share dividend (assumed to be paid annually) is forecasted to be $1.00, and analysts expect the company to grow at a constant annual rate of 10 percent. What is the stock’s expected rate of return?
Answer:
Stock’s expected rate of return is 14%
Explanation:
Data provided in the question:
Current stock price = $25
Next Dividend , D1 = $1.00
Annual growth rate, g = 10% = 0.10
Now,
Expected Rate of Return = [ D1 ÷ Current Stock Price ] + g
= [ $1.00 ÷ $25 ] + 0.10
= 0.04 + 0.10
= 0.14
or
= 0.14 × 100%
= 14%
Hence,
stock’s expected rate of return is 14%
Certain conditions, such as dismemberment or total and permanent blindness, will automatically qualify the insured for full disability benefits. Which disability policy provision does this describe?A Residual disabilityB Presumptive disabilityC Dismemberment disabilityD Partial disability
Answer: presumptive disability
Explanation: In simple words, presumptive disability refers to the serious impairments after which the applicant is presumed to be disabled. For example- deafness, blindness and down syndrome etc.
Disability benefits are applicable to those who are unable to perform their functions properly and are not able to rectify their current medical situation.
Hence from the above we can conclude that the correct option is B.
Presumptive disability provision in disability insurance,, automatically qualifies for full benefits based on specific severe conditions.
Presumptive disability is the disability policy provision that describes conditions like dismemberment or total and permanent blindness automatically qualifying the insured for full disability benefits. This provision recognizes specific severe conditions that are clear indicators of disability without the need for further evaluation.
On the Fourth of July, there is no fireworks display in the small town of Yankeeville, even though it would be efficient for such a display to be produced. Which of the following statements is correct?
a. The lack of a fireworks display in Yankeeville arises because of an externality.
b. The lack of a fireworks display in Yankeeville arises because the free-rider problem does not apply to goods such as fireworks displays.
c. In deciding not to produce a fireworks display in Yankeeville, private individuals and private firms made decisions that were privately irrational.
d. All of the above are correct.
Answer:
D, all of the above are correct.
Oriole Company uses the units-of-activity method in computing depreciation. A new plant asset is purchased for $52000 that will produce an estimated 80000 units over its useful life. Estimated salvage value at the end of its useful life is $3200. What is the depreciation cost per unit?
Answer:
$ 0.61 per unit
Explanation:
The unit-of-activity method is one of the asset depreciation methods. Under this method, the depreciable cost of the asset is spread over the units produced. The formula is a more accurate measure of wear and tear.
In this case:
Depreciable cost=(purchase price -salvage value)
=$52000.00 -$3200.00
=$48,800.00
Depreciation per unit= Depricable cost / expected production
=$48,800/80000
=$ 0.61per unit
Marshall Manufacturing has recently revamped its promotional strategy. Marshall now utilizes a system that combines all the elements of their promotion mix to create a more responsive organization providing a consistent message. Marshall Manufacturing has adopted a(n)________.
Answer:
integrated marketing communication system
Explanation:
Since each product usually has a dedicated promotion mix, the purpose of the integrated marketing communication system is to unify the promotional activities and tools associated with each product or service into a cohesive strategy tackling promotion.
This is done in order to create a consistent brand profile, according to the public relations tendencies of the company and their strategic plan.
The problems of aggregate inflation and unemployment are:A. major topics of macroeconomicsB. not relevant to the US economyC. Major topics of microeconomicsD. peculiar to command economies
Answer:
major topics of macroeconomics
Explanation:
Macroeconomics is a branch of economics that studies how the economy behaves.
Macroeconomics studies inflation, unemployment, gross domestic product and national income.
Microeconomics studies how economic agents make economic decisions concerning the allocation of scarce resources.
Inflation and unemployment can occur in all types of economies because of inefficency in the economy and business cycles.
Aggregate inflation and unemployment are central concerns of macroeconomics, which studies economic issues at a broad scale, including how to address mismatches between supply and demand that can lead to joblessness or rising prices.
Explanation:The problems of aggregate inflation and unemployment are indeed major topics of macroeconomics. These issues typically arise when the economy fails to coordinate the forces of supply and demand efficiently. For example, cyclical unemployment happens when aggregate supply and demand intersect at an output level below potential GDP, causing joblessness. Inflation occurs when aggregate demand exceeds aggregate supply, leading to too much money chasing too few goods. Macroeconomics aims to analyze these issues, understand their causes, and identify policy solutions to manage or mitigate them.
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The following data are available for the month of November 2015: COST RETAIL Inventory November 1 $12,000 $20,000 Purchases $15,000 $22,000 Freight In $1,000 Net Markup $3,000 Net Markdown $1,000 Normal Breakage $500 Net Sales $10,000 The company uses the retail method of computing ending inventory. Compute the estimated inventory at November 30, 2015 assuming: LIFO Retail Method
Answer:
ESTIMATED INVENTORY AT 30 NOVEMBER 2015 = 33,500
Explanation:
LIFO RETAIL METHOD
COST RETAIL
$ $
Beginning Inventory 12,000 20,000
Purchases 15,000 22,000
Freight In 1,000
Net Markup 3,000
Net Markdown (1,000)
Goods Available for Sale 28,000 44,000
Normal Breakage (500)
Net Sales (10,000)
Ending Inventory at Retail at 30 November 2015 33,500
Kathleen is elated after getting promoted to senior sales manager. She aims to get her next promotion by the end of the next fiscal year. She wants to gain more recognition in the organization and in the society. In the context of Maslow's Hierarchy of Needs, this scenario best illustrates Kathleen's _____
A) belongingness needs
B) esteem needs
C) physiological needs
D) safety needs
Answer:
B) esteem needs
Explanation:
Esteem is the desire for respect and recognition. It incorporates a sense of self-confidence, achievement, self-esteem, success, and mastery. Esteem is an internal and emotional need that require reinforcement by the external environment. For example, an employee may consider themselves hardworking and excellent in their job. Should the management affirm these qualities to the worker in the presence of his colleagues, then his esteem will be elevated.
Kathleen is seeking more recognition in the workplace. She believes she is good enough to earn the next promotion. Getting the promotion will validate her self-judgment, thereby uplifting her esteem.
Esteem is the fourth level in the Maslow's hierarchy of needs. It can only be achieved after meeting the first three, which are 1) physiological, 2) safety and security, and 3) love and belonging needs.
Which of the following is NOT an example of noise in the communication process in a typical classroom?A) a student in the back of the classroom texting a friend.B) groundskeepers moving the lawn outside the classroom window.C) a student responding to the professor's request for question.D) uncomfortable classroom desks.E) an attractive person walking by the open classroom door.
An attractive person walking by the open classroom door is not an example of noise in the communication process in a typical classroom. Thus, option E is correct.
What is the communication?The transmission of information is commonly defined as communication. The term can also refer to the message itself, as well as the field of study that studies these transmissions, known as communication studies.
The communication allows us to connect with others and build relationships by allowing us to share our experiences and needs. It is the essence of life, allowing us to express our emotions, share information, and share the thoughts.
Noise in the communication process in a typical classroom includes a student texting a friend in the back of the classroom, groundskeepers moving the lawn outside the classroom window, a student responding to the professor's request for a question, and uncomfortable classroom desks.
Therefore, option E is correct.
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_______________ pulls together shipments from a number of sources (often plants) in the same geographic area and combines them into largerlong dashand hence more economicallong dashshipping loads. A. Break-bulk warehousing B. Hub-and-spoke systems C. Consolidation warehousing D. Postponement warehousing
Answer:
C. Consolidation warehousing.
Explanation:
Consolidation warehousing is basically a warehouse that puts together from a number of suppliers into the same geographical area and shipped them out.
There has been a data breach at your business and the business has lost some customer data. It has led to angry customers who have filed charges. What is a recommended course of action to prepare for future events?
Answer:
The correct answer is Activate the forensics analysis team and prepare documentation.
Explanation:
The digital forensic analysis corresponds to a set of techniques aimed at extracting valuable information from disks, without altering their status. This allows you to search for data that is previously known, trying to find a certain pattern or behavior, or discover information that was hidden. In this post the topic will be introduced, as well as the usefulness of it, either inside or outside an investigation.
In the field of Forensic Computing there are several stages that define the methodology to follow in an investigation: identification, preservation or acquisition, analysis and presentation of the results. Following the logical flow of activities, you must first identify the sources of data to be analyzed and what you want to find, then you must acquire the forensic images of the disks or sources of information, then the analysis of the acquired is performed to extract information valuable and finally the results of the analysis are sorted and presented, so that they are useful.
Determine the beginning cash balance for Sweet Treats Eats if the net cash provided by operating activities is $35,000, net cash used by investing activities is $42,000, net cash provided by financing activities is $12,000, and the ending cash balance is $55,000.
Answer:
$50,000
Explanation:
Given the following information for Sweet Treats Eats
net cash provided by operating activities = $35,000
net cash used by investing activities = $42,000
net cash provided by financing activities = $12,000
ending cash balance = $55,000
Beginning cash balance + $35,000 - $42,000 + $12,000 = $55,000
Beginning cash balance = $55,000 - $35,000 + $42,000 - $12,000
= $50,000
In the short-run (specific-factors) model, foreign direct investment is expected to cause a(n) ________in the production of the capital-intensive good and a(n) ________in the production of the land-intensive good in the receiving country.
A. decrease; decrease
B. increase; decrease
C. decrease; increase
D. increase; increase
Answer:
The correct answer is b. increase; decrease.
Explanation:
Foreign Direct Investment (FDI) is that made by natural or legal persons not resident in the country where the investment is made, which can be done by buying shares or participations of a company established or constituted in the country with the aim of permanence .
FDI can also occur through contracts that generate collaboration, concession or services between the investor and the company, as well as through the acquisition of real estate in the country of destination of the investment.
These contributions can be made directly in currencies that are subsequently converted into local currency, or in kind, through the non-refundable import of tangible goods such as machinery and equipment, or intangibles, such as technology and patents.
Johnna is 78 years old. She is deeply connected with nature, continuing to go for nature walks on a daily basis, and is very involved with her church, regularly attending services and praying throughout the day. She also has a well-developed sense of humor and is loved by her family, congregation, and community. Maslow would likely describe Johnny as: _________.
Answer: Self-actualized
Explanation:
Under this particular case Maslow would most likely describe Johnna as a self-actualized individual. Johnna is being referred to as a Self-actualized individual as she is doing all she is capable of, i.e. at the age of 79 she is connected with earth and is involved with church. It also refers to individuals longing for the self-fulfillment.
Johnna would likely be described by Maslow as a self-actualized individual based on her qualities and behaviors.
Johnna would likely be described by Maslow as a self-actualized individual. Self-actualizers, as explained by Maslow, value deep personal relationships, possess a sense of humor, accept themselves and others, display spontaneity, humility, creativity, and ethical behavior. They also have a genuine compassion for mankind, as reflected in Johnna's nature-connectedness, involvement in her church, and her positive impact on her community.
When net present value and internal rate of return analysis provide inconsistent rankings of projects, the financial manager should generally move forward with the project that has the highest internal rate of return.a) trueb) false
Answer: false
Explanation:
When mutually exclusive projects rank differently, the project with the highest Net Present Value should be chosen.
The net present value and the internal rate of return are used to measure the profitability of a project. They are usually used in the capital budgeting process.
The net present value substracts the discounted cash flow from the outlay of cash.
The internal rate of return is the discount rate that equates the after tax cash flow from a project to its initial cash outlay.
The level of aggregate supply in the long-run is not affected by________. A. Changes in the capital stock. B. changes in the number of workers. C. changes in the price level. D. changes in technology.
Answer: C. Changes in the price level
Explanation:
In the long run only change in capital, change in the amount of labour and technological changes affects the level of aggregate supply because everything in the economy is assumed to be used optimally. Therefore, on a LONG RUN price level does not affect the level of aggregate supply.
On a bank's T-account, which are part of the banks liabilities? a. neither deposits made by its customers nor reserves b. both deposits made by its customers and reserves c. reserves but not deposits made by its customers d. deposits made by its customers but not reserves
Answer:
D. deposits made by its customers but not reserves
Explanation:
According to the conceptual framework of the International Financial Reporting Standards (IFRS), a liability is an obligation, a present obligation as a result of past transaction, the settlement of which future economic benefits are expected to flow out from the entity or result in a reduction in the assets of the entity.
The focus is on the word 'obligation'.
As such, when customers make deposit in a bank, the obligation (liability) of the bank increases as the funds deposited remain that of the customer and the bank is obliged to pay the customer whenever the customer demands the funds.
The bank usually sends the customer a credit alert which is a snapshot of the banks position with the customer. This credit alert tells the customer that the liability of the bank has increased as a result of the deposit made by the customer.
A reserve on the other hand, is a retention of profit from previous financial periods. A reserve is usually added under capital in the statement of financial position as an increase in equity, thus a reserve is not a liability.
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