an error in the physical count of goods on hand at the end of a period results in a $10,000 overestimate of the ending inventory. the effect or the error in the current period is
Answers
Cost of goods would be underestimated if closing inventory was overstated by $10,000.
Why do individuals tend to exaggerate?A Universidad of Alberta study suggests that exaggerating the skills of others is the cause of our lack of faith in our own talents. The research could help leaders understand how to combat self-doubt when faced with a challenging assignment.
What would it mean to undervalue your own abilities?It's not always the case that underestimating oneself translates into subpar performance, and frequently, people can see whether your work is solid or has promise. However, you don't often go out for more possibilities on your own since you're always sure if you can accomplish more than what's currently on your plate.
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Related Questions
if firms and workers have rational expectations, an expansionary monetary policy will cause the short-run phillips curve to move from
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If firms and workers have rational expectations, an expansionary monetary policy will cause the short-run Phillips curve to move from "higher inflation and lower unemployment" to "higher inflation and the same level of unemployment".
Rational expectations.
This means that firms and workers make their decisions based on rational predictions of the future, taking into account all available information. Expansionary monetary policy: This refers to the central bank's actions to increase the money supply and lower interest rates to stimulate economic growth. This curve shows the relationship between inflation and unemployment in the short run. It suggests that there is a trade-off between the two variables.
This means that they will adjust their behavior and take into account the expected increase in inflation. In summary, if firms and workers have rational expectations, an expansionary monetary policy will cause the short-run Phillips curve to move from higher inflation and lower unemployment to higher inflation and the same level of unemployment.
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Standards that represent levels of operation that can be attained with reasonable effort are called.
Answers
Answer:
normal standards
Standards that represent levels of operation that can be attained with reasonable effort; sometimes called normal standards.
Some financial analysts contend that reporting debt at amortized historical cost rather than at fair value:
Multiple Choice
makes it more difficult to manipulate accounting numbers.
makes it easier to manipulate accounting numbers.
makes it impossible to manipulate the accounting numbers.
has no impact on the accounting numbers.
Answers
Some financial analysts contend that reporting debt at amortized historical cost rather than at fair value makes it more difficult to manipulate accounting numbers.
This is because reporting at historical cost provides a more stable and consistent measurement of debt over time, while fair value accounting can lead to volatility in reported numbers. Additionally, fair value accounting requires more subjective judgments and estimates, which can increase the potential for manipulation. However, it is important to note that some argue that fair value accounting provides more relevant and transparent information to users of financial statements. Ultimately, the choice between amortized historical cost and fair value accounting will depend on a company's specific circumstances and reporting objectives.
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Solve the problem. round to the nearest cent. stan’s savings account has a balance of $2257. after 5 years, what will the amount of interest be at 10% compounded quarterly? a. $1432.36 c. $112.85 b. $1446.36 d. $1441.36
Answers
The addition of interest to the loan or deposit principle is known as compound interest. The amount of interest compounded at 10% weekly after 5 years is $1441.36.
Compound interest:
Compound interest, often known as interest on interest, is the practise of adding interest to the principle amount of a loan or deposit. This is what happens when money is reinvested rather than paid out, resulting in interest being paid on both the principle and interest already collected in the next quarter.
A=P(1+(r/n)^nt)
where A is the final sum.
P represents the primary sum.
The interest rate is r.
The number of interest charges made in a year is n.
The number of years is t.
Stan has a $2257 amount in his savings account. Consequently, following five years, the balance will be,
A=$2257(1+(0.1/4)(4*5))
= $2257(1.6386) (1.6386)
= $3698.36
Now, the interest rate will be,
Interest calculated as: $3698.36 - $2257
= $1441.36
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Cullumber Corporation has a cumulative temporary difference related to depreciation of $542,000 at December 31, 2020. This difference will reverse as follows: 2021, $37,000; 2022, $225,000; and 2023, $280,000. Enacted tax rates are 17% for 2021 and 2022, and 20% for 2023. Compute the amount Cullumber should report as a deferred tax liability at December 31, 2020. Deferred tax liability at December 31, 2020
Answers
To compute the amount Cullumber should report as a deferred tax liability at December 31, 2020, we need to calculate the amount of taxable income that will be affected by the temporary difference and the applicable tax rates for each year.
First, we need to calculate the taxable income affected by the temporary difference for each year:
2021: $37,000
2022: $225,000
2023: $280,000
Next, we need to calculate the applicable tax rate for each year:
2021: 17%
2022: 17%
2023: 20%
Now, we can calculate the amount of deferred tax liability at December 31, 2020:
For 2021, the taxable income affected by the temporary difference is $37,000, and the applicable tax rate is 17%. Therefore, the deferred tax liability for 2021 is:
$37,000 x 17% = $6,290
For 2022, the taxable income affected by the temporary difference is $225,000, and the applicable tax rate is 17%. Therefore, the deferred tax liability for 2022 is:
$225,000 x 17% = $38,250
For 2023, the taxable income affected by the temporary difference is $280,000, and the applicable tax rate is 20%. Therefore, the deferred tax liability for 2023 is:
$280,000 x 20% = $56,000
The total deferred tax liability at December 31, 2020 is the sum of the deferred tax liabilities for each year:
$6,290 + $38,250 + $56,000 = $100,540
Therefore, Cullumber should report a deferred tax liability of $100,540 at December 31, 2020.
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If the buyer, who has signed a buyer broker contract, finds a For Sale by owner, then?
Answers
Answer:
Then the buyer must tell the broker and have him set up an appointment and handle the negotiations.
Explanation:
If you sign for a buyer-broker contract, then you should know that the broker must be the essential 'lead' when it comes to, say, buying a house.
A company wants to estimate, at a 95% confidence level, the proportion of all families who own its product. A preliminary sample showed that 30.0% of the families in this sample own this company's product. The sample size that would limit the margin of error to be within 0.045 of the population proportion is:___________
A. 317 B. 399 C. 459 D. 586
Answers
B. 399,To find the sample size needed to limit the margin of error to within 0.045 of the population proportion, we can use the formula: n = (z^2 * p * q) / E^2
where:
- n is the sample size
- z is the z-score for the desired confidence level (95% confidence level corresponds to a z-score of 1.96)
- p is the proportion from the preliminary sample (30.0% or 0.3 in decimal form)
- q is 1 - p
The required margin of error is E, which is 0.045.
Substituting in the values, we get: n = 398.44
To estimate the sample size needed for a 95% confidence level with a margin of error of 0.045, we can use the following formula for sample size calculation: n = (Z^2 * p * (1-p)) / E^2
Where n is the sample size, Z is the z-score (for a 95% confidence level, Z = 1.96), p is the proportion from the preliminary sample (0.30), and E is the margin of error (0.045).
1. Calculate p * (1-p): 0.30 * (1-0.30) = 0.30 * 0.70 = 0.21
2. Multiply Z^2 with the result: 1.96^2 * 0.21 = 3.8416 * 0.21 = 0.807336
3. Divide the result by E^2: 0.807336 / (0.045^2) = 0.807336 / 0.002025 = 398.63
Since the sample size must be a whole number, we round up to 399.
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Without _____, businesses would find it difficult, if not impossible, to buy more raw materials, hire more employees, attract more capital, and create additional products that, in turn, make more profits
Answers
Answer:
High prices
Explanation:
High prices are a term that describes the expensive value of products in comparison with other similar products or the raw materials used in the production. However, with the increase in the price of a product, the quantity supplied increases as well. This will result in the following:
1. High profits
2. Attraction to create additional products.
3. Increased revenues
4. More capacity of companies to buy more raw materials
5. Capacity to employ more worker
Hence, the right answer is HIGH PRICES
A PDF file is used to display a file as it will look when _______.
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Answer:
a pdf file is used to display a file as it will look when _____.
How to inflate myself like a balloon
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Answer:
get airget more air There you go :)get even more air I'll see you in the moon :0drink the air
You are a multi-disciplinary project group, tasked with preparing proposals for a new outdoor Pop Music Festival. The inaugural Festival is to take place in June 2023.
The client, a Music Entrepreneur, has stipulated that the annual festival is to be aimed at families; last 7 days, attract 250, 000 people over the 7-day period, with 50, 000 at any time. The major sponsors, a Building Society and a Bank are very supportive of the Family concept of the Festival and any bad publicity from the Festival could cause them to withdraw their support. You should assume that Planning Permission would require, amongst other things that as much of the site as possible should be returned to Farming use after the Festival. The site is a farm located on the other side of a river currently accessible only by foot.
The proposals are to take account of all the factors critical to the success of the Festival.
List the key stakeholders to the project, i.e., the significant parties that can influence or are affected by the project. You should allocate roles to each stakeholder respectively.
Indicate stakeholders who are not at the group meeting, but whose interests must be considered; e.g. customers, entertainers, neighbours, Land owner, Local Planning Authority etc.
List the primary requirements/objectives for the project, of each key stakeholder and indicate any secondary objectives of the project if any.
Agree a succinct statement of the Objectives of the Project that meets the primary requirements of the key stakeholders
List the critical issues for consideration in developing the project
List the primary functions (i.e., what the project must do, rather than what it is), that the project must fulfill to meet the objectives (Express in simple verb-noun form;. E.g. Attract families; Satisfy Planners; Make profit; Have good access; Accommodate families)
Brainstorm each of the primary functions to generate as many ideas as possible to achieve the functions and list all generated ideas.
Answers
As a multi-disciplinary project group, we propose the following plan for the new outdoor Pop Music Festival:
1. Site Selection and Access: We will carefully select a suitable farm site that can accommodate the festival's requirements. Since the site needs to be returned to farming use afterward, we will prioritize minimizing environmental impact. We will also explore options for temporary bridge construction or boat transportation to provide easy access across the river for festival attendees.
2. Event Planning: To ensure the festival is family-oriented, we will curate a diverse lineup of popular artists suitable for all ages. We will incorporate various entertainment options such as interactive activities, children's zones, and family-friendly attractions throughout the festival grounds. Safety measures, including designated areas for children and family facilities, will be implemented to create a secure environment.
3. Infrastructure and Sustainability: Temporary infrastructure, such as stages, seating, and facilities, will be designed and constructed in a manner that allows for easy dismantling and minimal impact on the land. We will prioritize eco-friendly practices, including waste management, recycling, and energy-efficient solutions. Collaboration with local farmers will facilitate the restoration of the site to its original farming use after the festival.
4. Risk Management: We will implement a comprehensive risk management plan to minimize potential negative incidents and ensure the sponsors' continued support. Safety protocols, security measures, and emergency response procedures will be put in place to safeguard attendees and mitigate any possible risks.
By following these proposals, we aim to create a successful outdoor Pop Music Festival that caters to families while respecting the environment and meeting the expectations of the major sponsors.
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Dolvin Industries produces electronic equipment for use in small aircraft. Last year’s sales totaled $675,000, variable costs $70,000, fixed costs $20,000 and depreciation $115,000. Over the upcoming year, sales and variable costs are expected to rise 20 percent while fixed costs and depreciation are expected to be constant. Sometime ago, Dolvin had purchased land at a cost of $260,000 and now wants to utilize the land for building another factory that will produce small aircraft navigational equipment. If it decides to go ahead and construct the new factory, it will carry an upfront cost of $600,000 and take two years to construct. The machinery and installation necessary to begin production would cost $790,000 which would be paid after the factory is constructed. Both the plant and equipment would be depreciated on a straight-line basis over the 4-year life of production, for which at the end of that time, the property and plant could be sold for $600,000 and the machinery scrapped for $150,000. Estimated sales from production would be $850,000 per year with $90,000 of that amount being variable cost. The annual fixed cost would be $25,000. The project will require $10,000 of net working capital which is recoverable at the end of the project. The firm's discount rate for a project of this risk is 12 percent. Another option available to Dolvin is that the land could be sold to a buyer that is willing to pay cash upfront of $500,000. The company's tax rate is 34 percent.
Answers
Dolvin Industries manufactures electronic equipment for use in small aircraft. The previous year's sales were $675,000, variable expenses were $70,000, fixed costs were $20,000, and depreciation was $115,000. Sales and variable costs are projected to rise by 20%, while fixed costs and depreciation are expected to remain constant.
Dolvin previously purchased land for $260,000 and wants to construct a new factory that will manufacture small aircraft navigation equipment on that land. If Dolvin builds the new factory, it will cost $600,000 and take two years to construct.
After the factory is built, machinery and installation costing $790,000 will be required to begin manufacturing. The plant and equipment will be depreciated using a straight-line method over the production's four-year life.
The property and plant will be sold for $600,000, and the machinery will be scrapped for $150,000 at the end of production. Sales are expected to be $850,000 per year, with variable costs of $90,000 and fixed costs of $25,000.
The project will need $10,000 in net working capital, which will be recovered at the project's conclusion. The company's discount rate for a project of this risk is 12%. The land can also be sold for $500,000 to a buyer who is willing to pay cash upfront.
The company's tax rate is 34%.The cash inflow from the project will be calculated in a four-year schedule as follows:
Year 1: Cash inflow of $750,000 = Sales of $850,000 - Variable costs of $90,000 - Fixed costs of $25,000
Year 2: Cash inflow of $750,000
Year 3: Cash inflow of $750,000
Year 4: Cash inflow of $750,000The cash inflow for four years is calculated as follows:
$750,000 (PVIFA 12%, 1) + $750,000 (PVIFA 12%, 2) + $750,000 (PVIFA 12%, 3) + $750,000 (PVIFA 12%, 4)= $2,280,179.
The initial investment required for the project will be the amount required to construct the factory, purchase equipment, and invest in working capital. This can be expressed as follows:
Upfront cost of the project = Initial investment in factory + Investment in machinery and installation + Net working capital Initial investment in factory = $600,000
Initial investment in machinery and installation = $790,000
Net working capital = $10,000
Upfront cost of the project = $600,000 + $790,000 + $10,000
= $1,400,000
The project's net present value (NPV) can be calculated as follows:
NPV = Cash inflow (PVIFA 12%, 4) - Upfront cost of the project
= $2,280,179 - $1,400,000
= $880,179
Since the NPV of the project is favorable, Dolvin Industries should undertake the project.
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Nadwa sold short one contract of the QXQ November $45 PUT for a premium of $0.45. If at expiration when the QXQ is selling for 43.5; the payoff per share is 0 -$1.50 O +$1.50 0-$0.45 O +$1.05
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The answer to the given question is 0 - $1.50. Selling short one contract of the QXQ November $45 PUT for a premium of $0.45, Nadwa has a bearish outlook. At expiration, when the QXQ is trading at 43.5, the payoff per share is calculated as follows.
Strike price of the put option is $45.Premium received for selling the put option is $0.45.The net payoff per share is calculated as follows:Strike price – Market price + Premium= $45 - $43.5 + $0.45= $1.95Therefore, Nadwa will have to pay $1.95 per share, which is the payoff of a short put option contract. As Nadwa sold a short put option, she has the obligation to purchase the underlying asset at the strike price of $45.
Hence, the payoff per share is calculated as follows:Payoff = Strike price – Market price – Premium= $45 - $43.5 - $0.45= $1.05In conclusion, the payoff per share when the QXQ is trading at 43.5 is $1.05. Therefore, the answer is 0 - $1.50.Strike price of the put option is $45.Premium received for selling the put option is $0.45.The net payoff per share is calculated as follows:Strike price – Market price + Premium= $45 - $43.5 + $0.45= $1.95Therefore, Nadwa will have to pay $1.95 per share, which is the payoff of a short put option contract. As Nadwa sold a short put option, she has the obligation to purchase the underlying asset at the strike price of $45.
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Identify which items belong on the income statement. multiple choice Accounts receivable, net income, and dividends Revenue, expenses and net income Cash, accounts receivable, and common stock Dividends, beginning retained earnings, ending retained earnings
Answers
Items that belong in the income statement include:
Revenue, expenses and net income The Income Statement Is used to calculate the total income earned by a company in a given period. Lists the revenue and expenses.The net income will then be calculated by deducting the expenses from the revenue.
In conclusion, the income statement shows revenue, expenses, and income.
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An essential characteristic of a perfectly competitive market is: a. buyers and sellers share market power b. sellers are price makers c. goods are standardized. d. goods are unique.
Answers
An essential characteristic of a perfectly competitive market is that goods are standardized.
In a perfectly competitive market, there are several key characteristics that distinguish it from other market structures. One of these characteristics is that goods are standardized. This means that the products sold in the market are identical or very similar in terms of quality, features, and specifications.
Standardization is important because it allows buyers to easily compare products and make informed decisions based on price and other factors. For example, if a consumer is looking to purchase a specific product, they can compare prices from different sellers knowing that the product itself will be the same regardless of the seller.
Standardization also ensures fair competition among sellers. Since all goods are the same, sellers cannot differentiate their products based on quality or features. This means that sellers must compete solely on price, leading to a more efficient allocation of resources and lower prices for consumers.
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An essential characteristic of a perfect competition market is that goods are standardized, ensuring homogeneity and allowing consumers to easily substitute products based on price. So, the correct choice is option C.
An essential characteristic of a perfectly competitive market is that goods are standardized, meaning they are homogeneous and indistinguishable from one another across different sellers. In such a market, consumers perceive no differences in quality, features, or branding between the products offered by various suppliers. This standardization ensures that consumers can easily substitute one seller's product for another's based solely on price.
In a perfectly competitive market, sellers have no market power (Option a), and they are not price makers (Option b). Instead, they are price takers, meaning they must accept the market-determined price because individual sellers have no influence over it. Goods being unique (Option d) would be a characteristic of a monopolistic or differentiated market, where products have distinct qualities that allow sellers to differentiate and potentially have some market power. Therefore, option C is the suitable choice.
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a cost that was incurred in the past and cannot be changed regardless of which future action is taken is a(n) .
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A cost that was incurred in the past and cannot be changed regardless of which future action is taken is a(n) sunk cost. A sunk cost is a cost that has already been incurred and cannot be recovered, regardless of any future action taken.
This means that a sunk cost should not be considered when making decisions about future investments, as it has already been paid.
For example, if a business purchased a piece of equipment for $1000 and that equipment is no longer useful for the business, the $1000 cost is considered a sunk cost and should not be taken into account when making future decisions about purchasing new equipment.
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Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled country with entries Country A, Country B. The second column is labeled Cost (units) with entries 1, 1. The third column is labeled Petroleum (units) with entries 16, 8. The fourth column is labeled Seafood (units) with entries 8, 8. Based on the data in the table, has the absolute advantage in producing petroleum.
Answers
Answer:
Country A
Explanation:
Based on the data in the table, has the absolute advantage in producing petroleum is country A.
What is absolute advantage?
A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries.
Looking at the table, Country A, produces 16 units of pertroluem while Country B produces 8 units. Thus, Country A has an absolute advantage.
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QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?
Answers
Answer:
$31.25
Explanation:
40 hours a week x 4 weeks a month = 160 hours of work per month
$5,000 divided by 160 = $31.25
6. Which of the following describes a non-employee business? (1 point)
an architect who has only a part-time assistant
a small ice cream shop where only one person works at a time
a person who works from home for a larger company
a manicurist who works from her home or at clients houses
Answers
Answer:
a manicurist who works from her home or at clients’ houses
Explanation:
To get the best results from a preference assessment, be sure to include items the person has never seen.
a. True
b. False
Answers
The statement " To get the best results from a preference assessment, be sure to include items the person has never seen." is false.
Give a brief account on preference assessments.A preference hierarchy can be established by practitioners using preference assessments, which might be observations or trial-based evaluations. The highly desired, moderately preferred, and low preferred objects for a child are listed in a preference hierarchy. The child's favorite items can occasionally (though not always) be used to reward good conduct. Although preference evaluations can be used to establish hierarchies for a variety of things, including toys, edibles, social interactions, activities, caregivers, and locations, this description will concentrate focus on five of the most common preference assessments used with toys or edibles :
1. Multiple Stimulus without Replacement (MSWO) Preference Assessments
2. Multiple Stimulus with Replacement (MSW) Preference Assessments
3. Paired Stimulus Preference Assessments
4. Single Stimulus Preference Assessments
5. Free Operant Observations
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Explain the difference between the common misconception people have about tax brackets and how they actually work
Answers
Answer:
Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.
Explanation:
The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.
critically discuss how career and study choices are influenced by the following socio-economic factor: availability of finances/affordability
Answers
Answer:
availability of financial/affordability
Explanation:
it's enables you to make more money for the growth of the community so we study it that way
Which of the following must be
certified by the FAA to be hired at
airports?
A. Air-traffic controllers
B. CB radio operators
C. Police Dispatchers
Answers
That will be Air - traffic controllers
mark brainliest pls
Why do you think flexibility is one of the most neglected component of the health related components? How have you been improving this area? What are your plans to continue improving? please dont give general information and answer this as personal matter.
Answers
Flexibility is often neglected in the realm of health-related components due to various reasons. One possible reason is that it is not as tangible or easily measurable as other components such as strength or cardiovascular fitness.
Flexibility exercises may not provide immediate or apparent benefits, making them less appealing to individuals seeking quick results. Moreover, some people may not fully understand the importance of flexibility or be aware of the potential risks associated with poor flexibility.
Incorporating activities like yoga, Pilates, or dedicated stretching routines can enhance overall flexibility. Regular participation in activities that promote range of motion, such as dance or martial arts, can also contribute to improved flexibility. Gradually increasing the intensity and duration of stretching exercises over time can help individuals progress in their flexibility goals.
To continue improving flexibility, it is crucial to prioritize and integrate flexibility exercises into a regular fitness routine. Setting specific goals related to flexibility and tracking progress can provide motivation and a sense of achievement. Exploring different types of stretching and flexibility training methods can add variety and keep the routine engaging. Additionally, seeking guidance from a qualified fitness professional or physical therapist can help customize an effective flexibility program based on individual needs and limitations.
Remember, it is always advisable to consult with a healthcare professional before starting any new exercise or flexibility regimen, especially if there are pre-existing health conditions or concerns.
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_____ deals with reporting to outsiders. _____ accounting deals with the internal operations of the firm.
Answers
Answer:financial accounting, managerial accounting
Explanation:
External reporting is a focus of financial accounting. Managerial accounting is concerned with a company's internal operations.
Why is managerial accounting more suitable for internal reporting?The information is more precise, timely, and specialized in managerial accounting. Since managerial accounting is not subject to GAAP, there is an infinite amount of flexibility in the kinds of reports and data gathered.
The first type of accounting was financial accounting. It is mostly limited to the creation of financial statements for use by third parties such as creditors, banks, financial institutions, shareholders, and holders of debentures.
Managerial accounting is primarily concerned with assessing the internal requirements of businesses and resolving issues that have an impact on revenue streams, overall financial stability, and long-term profitability.
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Explain why the credit industry wants you to believe that you need a credit score
Answers
Answer:
Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.
Let understand that Credit score refers the score which tells about a consumer's creditworthiness.
In practice, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.
The Credit scoring is used the lenders to help them decide whether to borrow, extend or deny credit.
Therefore, the credit industry wants one to believe you need credit score because its helps them to ascertain your creditworthiness.
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the following income statements are provided for li company's last two years of operation: year 1 year 2 number of units produced and sold 4,600 4,100 sales revenue $ 69,750 $ 63,550 cost of goods sold 41,700 38,000 gross margin 28,050 25,550 general, selling, and administrative expenses 17,500 16,300 net income $ 10,550 $ 9,250 assuming that cost behavior did not change over the two-year period, what is the annual amount of the company's fixed manufacturing overhead?
Answers
The annual amount of the company's fixed manufacturing overhead is $29,700.
To determine the annual amount of the company's fixed manufacturing overhead, we need to use the high-low method, which is a technique used to separate a mixed cost into its fixed and variable components.
First, we need to identify the variable cost component from the given information. The cost of goods sold (COGS) is a variable cost since it varies directly with the number of units produced and sold. Using the formula for the variable cost, we can calculate the variable cost per unit:
Variable cost per unit = (COGS for year 1 - COGS for year 2) / (Units produced and sold in year 1 - Units produced and sold in year 2)
Variable cost per unit = ($41,700 - $38,000) / (4,600 - 4,100) = $18
Next, we need to determine the total manufacturing cost for one year. We can do this by subtracting the gross margin from the sales revenue:
Total manufacturing cost = Sales revenue - Gross margin
Total manufacturing cost = $69,750 - $28,050 = $41,700
Finally, we can use the high-low method to determine the fixed manufacturing overhead by subtracting the variable manufacturing overhead from the total manufacturing cost:
Fixed manufacturing overhead = Total manufacturing cost - (Variable cost per unit × Units produced and sold in year 1)
Fixed manufacturing overhead = $41,700 - ($18 × 4,600) = $29,700
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a grocery store in a perfectly competitive market can
Answers
Answer:
A grocery store in a perfectly competitive market can. reduce its advertising budget more than its competitors. differentiate its product with respect to other firms. ignore profit-maximizing strategies. freely enter or exit the market.
why am i the best in my class
Answers
Which of the following would be an example of direct finance? Group of answer choices A saver deposits money into a credit union. A saver buys a bond a corporation has just issued so it can purchase capital. None of the above is correct. A saver buys shares in a mutual fund.
Answers
Answer:
A saver buys a bond a corporation has just issued so it can purchase capital.
Explanation:
Direct finance is the process of financing in which the borrower borrows thd fund directly from the financial institution without involving the third party i.e intermediate, broker, etc
In the question, the option b is correct as it derives that a saver could purchase a bond since the corporation issued it so the capital could be purchased
hence, the second option is correct
Answer:
A saver buys a bond a corporation has just issued so it can purchase capital.
Explanation: