Answer:
Hie, the information you have provided is incomplete.
However important information is explained as follows :
To calculate Break - even Point use the formula;
Break even Point (units) = Total Budgeted Fixed Costs / Contribution per unit
Break even Point is the level of operation at which a firm neither makes a profit nor a loss.
Contribution is Calculated as :
Sales : No information xxxx
Less Variable Costs ( Materials + Labor) $11,49
Contribution per unit xxxx
In Lewin's model, the process of motivating associates and managers for change occurs in
the ____________ phase.
a. unfreezing
b. norming
c. refreezing
d. adjourning
The correct response is a. unfreezing. Colleagues and bosses become motivated to make changes during the unfreezing phase according to Lewin's paradigm.
Unfreezing, the first phase of transition, is one of the most crucial processes in the entire change management process. It entails raising people's preparedness and willingness to change by promoting a knowledge that leaving the current comfort zone and entering a transformed environment is necessary. Instead, it must first be melted (unfrozen), then poured into a new mould (transformed), and finally frozen again in the new shape to produce a metamorphosis (refreeze). The goal of the unfreezing stage is to increase awareness of the ways in which the status quo, or current level of acceptance, is impeding the organization in some way. The theory holds that the more knowledge we have about a change and the greater the importance and necessity we see in it, the more motivated we are to accept it.
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what are the main documents required to form a company?
Answer:
Documents Required for Company Registration ; Passport; Election Card or Voter Identity Card; Ration Card ; Bank Statement; Electricity Bill; Telephone Bill ...
Explanation:
Allied Merchandisers was organized on May 1. Macy Company is a major customer (buyer) of Allied (seller) products. May 3 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000). May 5 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Company under credit terms 2/10, n/60. The goods cost Allied $15,000. May 7 Macy returns 125 units because they did not fit the customer’s needs (invoice amount: $1,750). Allied restores the units, which cost $1,250, to its inventory. May 8 Macy discovers that 200 units are scuffed but are still of use and, therefore, keeps the units. Allied gives a price reduction (allowance) and credits Macy's accounts receivable for $300 to compensate for the damage. May 15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount. Prepare the appropriate journal entries for Macy Company to record each of the May transactions. Macy is a retailer that uses the gross method and a perpetual inventory system; it purchases these units for resale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
78,250 will be the total of the journal entry that will be made of the Allied Merchandisers.
What is a journal entry?All budget management is documented in journal entries. Any trading performance that has an effect on the firm is a purchase, in the broadest sense.
3 May
Merchandise inventory $20,000
Cash $20,000
5 May
Accounts receivable – Macy Co. 21,000
Sales revenue 21,000
Cost of goods sold 15,000
Merchandise inventory 15,000
7 May
Sales return and allowance 1,750
Accounts receivable1,750
Merchandise inventory 1,250
Cost of goods sold 1,250
8 May
Sales return and allowance 300
Accounts receivable 300
15 May
Cash 18,571
Discount allowed 379
Accounts receivable 18,950
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The question is incomplete, Complete question is:
Allied Merchandisers was organized on May 1. Macy Co. is a major customer (buyer) of Allied (seller) products. Prepare journal entries to record the following transactions for Allied assuming it uses a perpetual inventory system and the gross method. (Allied estimates returns using an adjusting entry at each year-end.)
May 3 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000).
5 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Co. under credit terms 2∕10, n∕60. The goods cost Allied $15,000.
7 Macy returns 125 units because they did not fit the customer’s needs (invoice amount: $1,750). Allied restores the units, which cost $1,250, to its inventory.
8 Macy discovers that 200 units are scuffed but are still of use and, therefore, keeps the units. Allied sends Macy a credit memorandum for $300 toward the original invoice amount to compensate for the damage.
15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount.
Determine the total expenses based on the following data
assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000
From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.
To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.
Assets = $72,000
Owner's Equity = $70,000
Liabilities = $16,000
Using the accounting equation, we can calculate the total expenses by rearranging the equation:
Expenses = Assets - Liabilities - Owner's Equity
Expenses = $72,000 - $16,000 - $70,000
Expenses = $-14,000
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The process of estimating uncollectible accounts
Answer:
The process of estimating uncollectible accounts is called the allowance method. It involves estimating the amount of accounts receivable that are not expected to be collected and setting aside an allowance for that amount. This allowance is then used to reduce the reported amount of accounts receivable on the balance sheet to their estimated realizable value. The estimate is based on historical experience, current economic conditions, and other relevant factors that may affect the collectability of the accounts receivable.
Explanation:
a food worker wearing artifishal nails is preparing a salad for lunch rush what should she do to prevent from contaminating the salad
Answer:
wear gloves when preparing the salad.
Explanation:
an alternative definition of economics involves
An alternative definition of economics involves the study of how human beings organize production, distribution, and consumption.
What is Economics?It should be noted that Economics is a social discipline which examines how communities use scarce resources to meet their insatiable needs.
Economics deals with how households and governments allocate limited resources to address divergent needs.
An alternative definition of economics involves the study of how human beings organize production, distribution, and consumption.
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Explain how before factors of production impact the possibilities, production crew, and a countries resources
The factors of production, namely land, labor, capital, and entrepreneurship, have a significant impact on the possibilities, production capabilities, and resource allocation within a country.
Land refers to all natural resources available, such as arable land, minerals, water, and energy sources. The abundance or scarcity of these resources determines the production possibilities of various industries. For example, a country rich in oil reserves can leverage this resource for energy production or export, thereby influencing its production capabilities and economic potential.
Labor represents the workforce available in a country. The size, skill level, and productivity of the labor force affect the capacity to produce goods and services. Adequate and skilled labor can enhance production efficiency, leading to economic growth and development.
Capital refers to the financial resources, infrastructure, and technology available for production. Access to capital and investment opportunities directly impact a country's production capacity. Well-developed infrastructure, modern technology, and ample financial resources enable efficient production processes, leading to higher output levels and economic advancement.
Entrepreneurship represents the ability to innovate, take risks, and organize the other factors of production. Entrepreneurial activity drives economic growth by identifying new opportunities, creating jobs, and introducing innovative products and services. The presence of entrepreneurial talent and supportive business environments foster economic development.
In summary, the factors of production, including land, labor, capital, and entrepreneurship, shape a country's production capabilities, resource allocation, and economic possibilities. The availability, quality, and utilization of these factors directly impact a country's economic growth, competitiveness, and overall development.
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With the aid of a diagram explain the following will affect the quantity demanded of commodity A
Answer:
Demand may be defined as the quantity of a commodity that a consumer is able and willing to buy, at each possible price, over a given period of time. Essential elements of demand are quantity, ability, willingness, prices, and period of time.
Explanation: brainliest please
The study of economics is nothing but the study of a tree and a forest. Discourse with respect to branches of economics
The study of economics involves the examination of individual components represented by branches and the analysis of the broader system represented by the forest.
How does the study of economics relate to a tree and a forest?Just as a tree consists of various branches that connect and support each other, the study of economics comprises different branches that explore specific aspects of the economy. These branches including microeconomics, macroeconomics and international economics focus on understanding and analyzing elements of economic behavior and systems.
The interplay between the various branches of economics contributes to comprehensive understanding of how individual economic decisions and activities collectively shape the broader economic system. By studying both the branches and the forest, economists can gain insights into the intricate relationships.
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12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
An entrepreneur is a person who__a business venture.
assumes the risk for
organizes
does not get involved in
operates
Answer:
assumes the risk for organizes
Explanation:
because in every business there is profit or loss if we don't take risk how we achieve our goal
Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
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Write a two-paragraph summary of this exercise that you could use to demonstrate your knowledge of the role of social media in commerce in a future job interview.
Answer:
you are awesome to mention
07 PERSONAL FINANCE Managing Investments Ryan and DeeAnne just graduated from Delta Community College. They want to start their Personal Financial Planning. Having taken the BUSN 140 course from world renowned financier - actually only in his own mind - Joseph Lane, Jr., they are 'set to go'. They just inherited $100,000 dollars which they have hidden in the mattress. In addition, they are able to save $500 per month. In the last few chapters we studie about investment planning - a statement -preferable written-that specifies how investment capital will be invested to achieve a specified goal. Ryan and DeeAnne want to provided educational funds for the children in their future as well as buy a home in the next 5 to 7 years. Present them with an investment plan for their consideration.
Congratulations to Ryan and DeeAnne on their graduation and their inheritance! It's great to see that they are eager to start their personal financial planning. Based on their goals of providing educational funds for their future children and buying a home within the next 5 to 7 years, here is an investment plan that they can consider:
What constitutes their investment plan?1. Set aside an emergency fund: Before investing any money, it's important to set aside an emergency fund that can cover 3 to 6 months of living expenses. This will ensure that they have a financial cushion in case of any unexpected events such as job loss or medical emergencies. Ryan and DeeAnne should keep this emergency fund in a high-yield savings account or a money market account that provides easy access to their funds.
2. Invest for short-term goals: Since Ryan and DeeAnne want to buy a home within the next 5 to 7 years, they should focus on investing in relatively safe, low-risk investments that can provide a steady return. They could consider investing in a mix of bonds, bond funds, and conservative mutual funds. These investments typically provide lower returns than stocks but also come with less risk of loss.
3. Invest for long-term goals: Ryan and DeeAnne should also consider investing for their future children's education. They should invest in stocks, stock mutual funds, or exchange-traded funds (ETFs) that have a history of providing strong long-term returns. These investments carry more risk than bonds, but they also have a higher potential for growth. They should consider opening a 529 college savings plan, which offers tax advantages for educational expenses.
4. Diversify their portfolio: To minimize risk, Ryan and DeeAnne should diversify their investment portfolio across different asset classes, such as stocks, bonds, and real estate. This will help ensure that their portfolio can weather any market fluctuations.
5. Rebalance their portfolio regularly: As their investment goals and needs change, Ryan and DeeAnne should periodically review and rebalance their portfolio to ensure that it remains aligned with their investment plan.
It's important to note that investment planning is a complex process that requires careful consideration of many factors, including risk tolerance, time horizon, and investment goals. It may be helpful for Ryan and DeeAnne to consult with a financial advisor who can help them develop a customized investment plan that takes all of these factors into account.
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Which of the following is an aspect of the Project Life cycle Select one: Value to the business being assessed and product innovation considered Transition into use and getting full operational productivity The idea, study or trigger to the project Requirements collation and producing the design specification
Just search the internet.
Type up 'Project Life Cycle'.
If your main focus is to be able to buy or sell an investment quickly without substantially affecting the investment's value, you are most concerned with a. Income b. Growth c. Liquidity d. Business failure risk e. Market risk
Answer:
C. Liquidity
Explanation:
How do unions help workers?
They negotiate with employers for workers.
They provide training for workers.
They educate workers’ children.
They evaluate the quality of work being performed.
Answer:
the answer is a
Explanation:
because unions wanted to get better benifits and such
Item5
22
points
ReferencesItem 5
Best Buy might use all of the methods of change listed below. Which of these includes inputs, strategic plans, target elements of change, and outputs?
The Organization-Wide Change or Systems Model of Change places more focus on the necessity of executing changes company-wide as opposed to piecemeal.
What is the change process in an organization?The process of leading organizational change through all stages of development—from conception and planning through implementation and resolution—is known as change management. Change processes have a set of initial circumstances and a useful conclusion.
A systems-based approach to transformation adopts a broad view of the process. The interaction of the fundamental elements of transformation is the main subject. Inputs, strategic plans, target aspects of change, and outputs make up a systems model of change's four primary parts.
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(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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1: Which of the following is an injection into the circular
flow of income?
A) The customs duties levied on luxury imports into the
country
B) The purchase by foreign firms of goods produced by
local firms
c) The higher interest rate offered to local savers, who open
deposits in foreign currency with local financial
institutions
D) The closure of a special government employment
targeted scheme (JEEP)
Answer:
B
Explanation:
Investment, government spending, and exports rapidly boost an economy's whole demand, which further increases the level of income or output. They can be regarded as injections to the circular flow of income.
5. Show that the cardinal and ordinal approaches have basically the same equilibrium conditions.
The ordinal utility theory, a consumer reaches equilibrium if the indifference curve tangents the budget line. The cause is that, given the consumer's constraints, that position gives amount of benefit.
In India, however many cardinals are there?Two important archbishops, one from each of Syro-Malabar and Syro-Malankara churches, as well as one of the four Latin Church titular patriarchs are among the bishops of India. Five of the six Indian cardinals are elected.
What does the word "cardinal" mean?Nicholas was made a cardinal in 1448. A pledge from Cardinal Winning gave them hope. The golden rule for a salesperson is to go above and beyond to please a customer.
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Which of the following is NOT a likely major for someone planning to go to medical school?
O Zoology
O Biology
O Biochemistry
O Public relations
Answer:
public relations
Explanation:
The other choices are all Science related so they are likely majors but, public relations are not.
All of the following are examples of primary market research EXCEPT
Direct mail surveys
Fee product samples
Focus groups
Promotional email campaigns
Answer:
Fee product samples
Explanation:
makes pay
C. Imagine you Deposit K10, 000 every six months for the next five years at an interest rate of 10% per annum. You would want to know what this value will be at the end of the period.
Required:
i. Using simple interest (5 Marks)
ii. Using compounded interest (5 Marks)
iii. If the deposits were made at the beginning of every six months (5 Marks)
iv. If the deposits were made at the end of every six months (5 Marks
i) Using simple interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K127,500.
ii) Using simple interest, if the deposits were made at the end of every six months, the ending (future value) would be K122,500.
iii) Using compounded interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K132,067.87.
iv) Using compounded interest, if the deposits were made at the end of every six months, the ending (future value) would be K125,778.93.
What differentiates simple interest from compound interest?The difference between simple interest and compound interest is that simple interest is only based on the principal.
On the other hand, compound interest computes interest on both the principal and accumulated interest.
Simple Interest (Deposits at Beginning):Period Principal Interest Balance
1 K10,000 K500 K10,500 (K10,000 + K500)
2 20,000 1,000 21,500 (K10,500 + K10,000 + K1,000)
3 30,000 1,500 33,000
4 40,000 2,000 45,000
5 50,000 2,500 57,500
6 60,000 3,000 70,500
7 70,000 3,500 84,000
8 80,000 4,000 98,000
9 90,000 4,500 112,500
10 100,000 5,000 127,500
Simple Interest (Deposits at Ending):Period Principal Interest Balance
1 K10,000 K0 K10,000
2 20,000 500 20,500 (K10,000 + K10,000 + K500)
3 30,000 1,000 31,500
4 40,000 1,500 43,000
5 50,000 2,000 55,000
6 60,000 2,500 67,500
7 70,000 3,000 80,500
8 80,000 3,500 94,000
9 90,000 4,000 108,000
10 100,000 4,500 122,500
Compound Interest at Ending:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = K125,778.93
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K25,778.93
Compound Interest at Beginning:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = $132,067.87
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K32,067.87
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Flagstaff Company has budgeted production units of 9,000 for July and 9,200 for August. The direct labor requirement per unit is 0.50 hours. Labor is paid at the rate of $22 per hour. The total cost of direct labor budgeted for the month of August is:
Answer:
the total cost of direct labor budgeted for the month of August is $101,200
Explanation:
The computation of the total cost of direct labor budgeted is shown below:
Direct labor cost is
= 9,200 × .50 hours × $22 per hour
= $101,200
Hence, the total cost of direct labor budgeted for the month of August is $101,200
The same should be relevant
why is it difficult to compare relative job growth for different sized businesses
The point at which a small business becomes a large one is difficult to pinpoint. Because of this, it is challenging to compare relative job growth for businesses of varying sizes.
Small businesses are more likely to have?Small businesses are more likely than large businesses to have: an administrative method for making decisions. A small business is better positioned to receive feedback and observe shifting preferences because it is closer to its customers. A smaller company can shift gears more easily than a larger one, especially if it hasn't spent a lot of money on outdated infrastructure.
It is difficult to predict the process by which a small business grows into a large one. It could be brought on by a variety of external factors, such as shifting consumer preferences or the application of cutting-edge technology within the company that better meets the requirements of customers. It is also difficult to make comparisons between the job growth of large and small businesses due to this circumstance.
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Complete question -
why is it difficult to compare relative job growth for different sized businesses ?
List three ways you can find jobs in the hidden job market.
Answer:
Student answers can include, but are not limited to: networking, direct contact, and research.
Explanation:
sample response; edge 2020
The three ways through which we can find jobs in the hidden job market are Word-of-mouth, networking, and research.
What do you mean by hidden job market?Employers who don't promote their openings but nonetheless need employees to fill them are said to operate in the "hidden" job market.
The term "hidden job market" describes positions not made publicly available by the company. The word "hidden" describes the practice of hiring people in a covert manner rather than the job's secrecy.
The opportunities not listed with recruiters or on job sites comprise the hidden job market. It can be expensive and time-consuming to post a position and receive a lot of applicants.
therefore, the three ways we can find jobs in the hidden job market are Word-of-mouth, networking, and research.
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Complete The Cash Flow Cycle
Answer:
i think you can do it
Explanation:
sorry
Calculating Returns and Variability (LO1) You’ve observed the following returns on Regina Computer’s stock over the past five years: 7%, −12%, 11%, 38%, and 14%. a. What was the arithmetic average return on Regina’s stock over this five-year period? b. What was the variance of Regina’s returns over this period? The standard deviation?
The arithmetic average return that Regina Computer stock saw on its returns over the five years was 11. 6 %
The variance of the returns over the period was 320.3, and the standard deviation was 17.9 %
How to find the arithmetic mean?The arithmetic mean on returns can be found by summing up all the returns and then dividing this by the number of returns.
The arithmetic mean to Regina stock in the five year period was therefore:
= (7 % + - 12% + 11 % + 38 % + 14 % ) / 5
= 58 % / 5
= 11. 6 %
Using this mean, the variance can be found on a spreadsheet to be 320.3.
The standard deviation is the square root of variance so the standard deviation of Regina Computer stock in the past 5 years is:
= √ Variance
= √ 320.3
= 17.89
= 17.9 %
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