BK Corporation estimated its overhead rate for the year to be SAR 140 per direct labor hour. Job
Direct labor cost. SAR 2,800
Direct material cost. SAR 3,650
Direct labor hours. 25
Machine hours. 20
The total cost for Job 46B would be
O A. SAR 2,800
O B. SAR 3,500
O C. SAR 9,250
O D. SAR 9,950
Answers
The total cost for Job 46B would be SAR 9,950.
To calculate the total cost for Job 46B, we need to consider the direct labor cost, direct material cost, and overhead rate. The direct labor cost is SAR 2,800, and the direct material cost is SAR 3,650. The direct labor hours for the job are 25.
To calculate the overhead cost, we multiply the overhead rate per direct labor hour by the number of direct labor hours. In this case, the overhead rate is SAR 140 per direct labor hour, and the job requires 25 direct labor hours. So, the overhead cost for Job 46B is 140 * 25 = SAR 3,500.
The total cost for Job 46B is the sum of the direct labor cost, direct material cost, and overhead cost. Therefore, the total cost is 2,800 + 3,650 + 3,500 = SAR 9,950.
In conclusion, the total cost for Job 46B is SAR 9,950.
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Related Questions
1. What are 2 examples of variables that can have a correlation to the demand/forecast of a product your company makes? 2. What does it mean when we say we use the BOM to do an MRP explosion? 3. Explain what do we call "Strategic Stock". Give an example of when this could be triggered
Answers
1. Economic indicators, such as GDP growth and consumer spending, can impact product demand, while seasonality affects demand based on the time of year.
2. Material Requirements Planning (MRP) explosion involves using the Bill of Materials (BOM) to determine the quantities of raw materials, components, and sub-assemblies needed for production.
3. Strategic stock refers to maintaining surplus inventory to mitigate supply chain risks and ensure availability of critical components or products during unexpected events or increased demand.
1. Two examples of variables that can have a correlation to the demand/forecast of a product your company makes are:
a) Economic indicators: Factors such as GDP growth, consumer spending, and inflation rates can impact the demand for products. For example, during a recession, consumers may have less disposable income, leading to a decrease in demand for non-essential items.
b) Seasonality: Certain products may experience fluctuations in demand based on the time of year. For instance, sales of sunscreen tend to increase during the summer months, while sales of winter coats rise in colder seasons.
2. When we say we use the Bill of Materials (BOM) to do an Material Requirements Planning (MRP) explosion, it means that we are using the BOM as a reference to determine the quantities of raw materials, components, and sub-assemblies needed to produce a finished product. MRP explosion involves breaking down the finished product into its constituent parts and calculating the quantity of each item required for production. This information helps in planning and coordinating the procurement of materials to meet the production schedule.
3. "Strategic stock" refers to maintaining a surplus inventory of certain items to mitigate risks and uncertainties in the supply chain. It acts as a buffer to ensure continuous availability of critical components or products in situations like unexpected demand spikes, supplier delays, or disruptions in the production process. For example, a smartphone manufacturer might hold strategic stock of key electronic components to prevent delays in production caused by supply chain disruptions or sudden increase in demand.
Overall, these concepts play important roles in understanding the factors affecting demand/forecast, managing production planning, and ensuring supply chain resilience.
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What type of selling presentation method is best to use when the salesperson
is inexperienced and is selling a non-technical type of product?
a. formula selling
b. consultative selling
c. one-on-one selling
d.prepared sales presentation
Answers
Answer: Prepared sales presentation.
Explanation:
prepared sales presentation is the type of selling presentation method is best to use when the salesperson is inexperienced and is selling a non-technical type of product. Hence, option D is correct.
What is selling presentation method?A sales presentation, also known as a sales pitch, is a line of argument intended to persuade someone or something. It uses a carefully thought-out sales presentation strategy for a product or service that is intended to open and close a deal.
To allow plenty of room for the additional details, the four categories—memorized, persuasive selling, need-satisfactio, and problem-solution are presented in a zig-zag pattern.
In general, memorized or persuasive selling is preferable while giving a sales presentation. However, the requirements-satisfaction or problem-solution strategies are best if you need to comprehend customer priorities or uncover customer wants or problems.
Thus, option D is correct.
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Pharoah uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $394000 ($598000), purchases during the current year at cost (retail) were $2135000 ($3380000), freight-in on these purchases totaled $133000, sales during the current year totaled $3080000, and net markups (markdowns) were $76000 ($112000). What is the ending inventory value at cost? Hint: Round intermediate calculation to 3 decimal places, e.g. 0.635 and final answer to 0 decimal places.
a) $589986.
b) $862000.
c) $566334.
d) $653715.
Answers
Answer:
i think the answer is maybe 2
pls be nice and answer this for me. in the middle of a test. 50 pts!
Nate received an unusually large requisition order from another department for a new type of material that they had not purchased before. He had a good relationship with the supplier so he sent the supplier an invoice for the order. What should Nate have done differently?
A. Solicited for a bid from the supplier
B. Solicited for a purchase order with the supplier
C. Ask the supplier for Verification for the requisition order
D. Used a new supplier since it was a new type of goods
Answers
Answer:
Solicited for a bid from the supplier.
Explanation:
Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.
What is supplier?
The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the transportation of those materials. Suppliers are the mediator of the supply chain.
A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.
As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.
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Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contributes $22,000 of cash and land with a FMV of $67,000. Her basis in the land is $32,000. Andrew contributes equipment with a FMV of $24,000 and a building with a FMV of $45,000. His basis in the equipment is $20,000, and his basis in the building is $32,000. How much gain must the SA general partnership recognize on the transfer of these assets from Sue and Andrew?
Answers
Answer: $0
Explanation:
The amount of gain that the SA general partnership must recognize on the transfer of these assets from Sue and Andrew will be $0.
As Per Section 721a, there'll be no gain or loss that'll be recognised to any partner in case there's a property contribution to the partnership.
Therefore, no gain will be recognized in this situation.
Explain the concept of the Expected Utility Hypothesis (EUH) and state all relevant assumptions. Use equations and diagrams in your analysis. Critically discuss the strengths and weaknesses and whether the EUH can be replaced by alternative theories.
Answers
The Expected Utility Hypothesis (EUH) is a theory in economics that proposes individuals make decisions based on the expected utility or satisfaction they derive from different outcomes.
According to the EUH, individuals weigh the probabilities of different outcomes and assign utility values to those outcomes. They then choose the option that maximizes their expected utility.
Key assumptions of the EUH include:
Preferences are complete and transitive.Individuals make decisions under uncertainty.Individuals maximize expected utility.The EUH is represented mathematically by the equation:
EU = ∑(Pi * Ui),
where EU represents expected utility, Pi represents the probability of each outcome, and Ui represents the utility associated with each outcome. Strengths of the EUH include its intuitive appeal and ability to explain risk aversion and risk-seeking behavior.
However, it has been criticized for its reliance on unrealistic assumptions, such as complete information and consistent preferences. Additionally, empirical evidence has shown deviations from the predictions of the EUH, leading to the development of alternative theories such as prospect theory and behavioral economics, which aim to better capture human decision-making under uncertainty. While the EUH remains influential, it is recognized that alternative theories can provide a more nuanced understanding of decision-making.
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say hi and i give u 94 ranking points
Answers
hi rtgijriomcfrcrecgtrcgetrgretrtrct
Answer:
hi
Explanation:
If an entrepreneur can establish a strong and trustworthy management team, then the
risk might be avoided.
O compliance
O financial
strategic
operational
Mark this and return
Ne
Answers
Answer:
operational
Explanation:
bc it is
If an entrepreneur can establish a strong and trustworthy management team, then the operational risk might be avoided. Thus option D is correct.
What is Team?When a group of people come together in an official setting and in a disciplined manner to achieve the common objective of business with individual roles and shared responsibilities representing teams.
A strong and trustworthy management team helps in better controlling and coordinating events which help to avoid operational risk and helps in producing efficient results with productivity.
The enforcement of laws safeguarding the environment and employees helps to reduce compliance risk, and building a stable number of clients helps in reducing financial risk.
Therefore, option D operational is appropriate.
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what are the unique financial reporting implications of the partnership entity in comparison with the proprietorship and corporate
structures? how does the closing process differ for the partnership?
Answers
The financial reporting of the Partnership firm differs from the proprietorship and corporate entities as the closing process of partnership involves creation of the realization account, whereas the another entity not required this.
What is financial reporting?Standard techniques for giving stakeholders an accurate portrayal of a company's finances, including revenues, profits, expenses, cash flow, capital, and official records that provide in-depth insights into financial information, are referred to as financial reporting.
The payment of taxes, fines, and interests has new financial reporting consequences for partnership firms that are distinct from any other sort of business company.
Taxes paid to partners or owners, on the other hand, are accounted for in a transaction with the owners.
Furthermore, the financial reporting implications for a partnership firm differ from those for a sole proprietorship or a corporation, as the partnership business is distinct from the two stated businesses.
The closing process of partnership differs from the another businesses because the closing process of partnership involves the preparation of realization account.
Therefore, the partnership form of business enterprise is differed from the other business.
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Ofac requires depository institutions that hold blocked property to file annual reports by.
Answers
Ofac requires depository institutions that hold blocked property to file annual reports by September 30th.
What is annual report?It should be noted that annual report is a document which describes the financial condition of a company for the previous year.
In this case, Ofac requires depository institutions that hold blocked property to file annual reports by September 30th.
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please help me answer these questions
Answers
Answer: See explanation
Explanation:
1. Inelastic demand occurs when a change in price doesn't really have an effect on the quantity of the goods demanded. Examples of products with inelastic demand are salt and prescription drugs.
2. Elasticity for demand helps in the determination of the prices of factors of production. It is also vital in knowing how price changes will affect the revenue of the firm.
3. Normal goods are the goods that when income increases, the demand for them increases as well e.g. household appliances
For inferior goods, when Income increases, their quantity demand reduces. These are common with extremely cheap products.
describe sustainable entrepreneurship and give a few examples of economic, environmental, and social gains it can generate for others.
Answers
Sustainable entrepreneurs aim to balance profitability with social and environmental responsibility, considering the triple bottom line: people, planet, and profit.
Sustainable entrepreneurship refers to the practice of creating and managing businesses that seek to generate positive economic, environmental, and social impacts.
It involves incorporating sustainable principles into business strategies and operations to address societal challenges while creating long-term value.
Examples of economic gains from sustainable entrepreneurship include:
Job Creation: Sustainable businesses often prioritize local employment opportunities, which can contribute to reducing unemployment rates and improving economic conditions in a community.Innovation and Market Opportunities: Sustainable entrepreneurs often identify unmet needs or gaps in the market and develop innovative products or services to address them. This can lead to new business opportunities and economic growth.Examples of environmental gains from sustainable entrepreneurship include:
Resource Conservation: Sustainable businesses focus on minimizing resource consumption, optimizing energy efficiency, and reducing waste generation. This leads to a more sustainable use of natural resources and can help mitigate environmental impacts.Adoption of Renewable Energy: Sustainable entrepreneurs may invest in renewable energy sources, such as solar or wind power, to power their operations. This reduces reliance on fossil fuels, decreases greenhouse gas emissions, and contributes to a cleaner and more sustainable energy system.Examples of social gains from sustainable entrepreneurship include:
Community Development: Sustainable entrepreneurs often engage with local communities, supporting local development initiatives, and investing in social infrastructure. This can enhance quality of life, create social cohesion, and improve overall community well-being.Social Innovation: Sustainable businesses may develop products or services that address social challenges, such as healthcare, education, or poverty alleviation. By providing solutions to these issues, they contribute to the betterment of society.For such more question on environmental:
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Nolan wants to raise money to participate in a cancer fundraiser walk. He sets the following goal for himself:
I will earn $600.000 for the cancer fundraiser by asking for donations.
Please describe the effectiveness of Nolan's goal in two to three complete sentences using the MAD goals concept.
Answers
The effectiveness of Nolan's goal can be achieve using the MAD goals concept when her idea is Measurable, Attainable, and have a Deadline.
What is the Mad goals concept?The MAD Goals are:
Measurable Attainable Deadline.The effectiveness of Nolan's goal can be achieve using the MAD goals concept when her idea is Measurable, Attainable, and have a Deadline. When the cancer donations falls within the define steps above, she can be able to attain her goal.
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When gathering information, which of the following tasks might you need to
perform?
A. Seek out ideas from others and share your own ideas
О
B. Fill out forms, follow procedures, and apply math and science
C. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
D. Study objects, conduct tests, research written materials, and ask
questions
Answers
Answer:
The answer is D
Explanation:
To gather information you have to study objects and conduct tests on them to gather results.
if one nation is able to produce a good at a lower opportunity cost than another, it has if one nation is able to produce a good at a lower opportunity cost than another, it has an absolute advantage in that good. a comparative advantage in that good. a productivity advantage in that good. a technological advantage in that good. no reason to want to trade that good.
Answers
Answer to the question is that if one nation is able to produce a good at a lower opportunity cost than another, it has a comparative advantage in that good.
Comparative advantage refers to the ability of a nation to produce a good or service at a lower opportunity cost than another nation. Opportunity cost is the cost of giving up the production of one good or service in order to produce another.
Discussing the benefits of international trade and how nations can benefit from specializing in the production of goods or services in which they have a comparative advantage. By trading with each other, nations can increase their overall output and standard of living, as well as promote global economic growth. Therefore, it is important for nations to understand their comparative advantages and engage in international trade to reap the benefits of specialization and exchange.
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what should managers know about communication in the workplace
Answers
The things that managers should know about communication in the workplace is: Communication can help build strong relationships at workplace.
What is communication?Communication can be defined as the way in which people tend to interact with one another. Communication can be inform of written or oral communication.
Effective communication is essential in a workplace based on the fact that it can help people to build relationship at a workplace . Based on this the manager should know that effective communication can as well help to foster trust among employees.
Therefore effective communication is essential at workplace.
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A major advantage of the corporate form of ownership is:
A) unlimited legal liability.
B) limited legal liability.
C) ease of formation.
D) that corporate earnings aren't taxed until they are distributed to owners as dividends.
Answers
The best alternative is option d. One of the major advantages of the corporate form of ownership is that the corporate earnings are not taxed until they are distributed to the owners as dividends.
This means that the corporation can retain its earnings and reinvest them into the business without immediately incurring taxes on those earnings. This can allow for greater flexibility in managing the company's finances and can also provide an opportunity for the company to grow and expand.
Furthermore, this tax advantage can be particularly beneficial for shareholders who may be subject to higher tax rates if they received the earnings directly as income. By allowing the company to retain and reinvest earnings, shareholders may be able to benefit from long-term capital gains as the company grows and becomes more profitable over time.
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When a country exports more than it imports, this is known as a trade _________.
Answers
Answer:
trade deficit hope it helps
Hope it is useful
To find entries posted before the client's closing date what do you do?
1. Use the bank register.
2. Use the Audit Trail Report.
3. Use the Closing Date Exception Report.
4. None of the above.
Answers
what is inorganic and organi colloids
Answer:
3
Explanation:
its #3 because you would check the date and find out the closing report and yeah
Your company incurs a cost for fire insurance, which, in the short run, is fixed. What happens to this cost in the long run? In the long run, the cost of fire insurance A. becomes a variable cost. B. becomes zero. C. becomes an accounting cost. D. becomes a nonmonetary opportunity cost. E. remains a fixed cost.
Answers
In the long run, the cost of fire insurance is likely to become a variable cost. In the short run, fixed costs are those that do not change regardless of the level of output or business activity.
Fire insurance is often considered a fixed cost because the premium remains constant over a specific period, such as a year, regardless of the business's operations.
However, in the long run, businesses have more flexibility to adjust their operations, including insurance coverage. They can reevaluate their insurance needs, explore different insurance providers, and negotiate different terms and coverage options. This flexibility allows them to treat the cost of fire insurance as a variable cost.
Variable costs, unlike fixed costs, vary with the level of activity or output. As businesses expand or contract their operations, they can adjust their insurance coverage accordingly. For example, if a company downsizes or closes certain facilities, it may reduce its fire insurance coverage and associated costs.
Therefore, in the long run, the cost of fire insurance is likely to become a variable cost that can be adjusted based on the business's needs and level of activity.
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Please answer this question...
Did you eat today? if you haven't please find something to eat and take care of yourself :)
Answers
Answer: yes! Aww thanks, you too :))
Explanation: have a great day!!
Answer:yes i did thank you for caringgggggggggg have a good day^.^
Explanation:
If desired ending inventory is 25% of next month's sales, the number of units to be produced in March is ______.
Answers
The quantity of units to be manufactured in March is: If intended ending inventory is 25% of the next month's sales: 16,000 in March sales plus ending inventory (25 percent of April sales) Starting inventory of 5,000 (25 percent of March sales) 17,000 units must be made x 4.000.
Cost of the production. A production budget is often created by manufacturing companies using sales demand forecasts and opening and closing inventory levels. It describes how many units the organisation anticipates producing over the course of a budgeting cycle.
The sales budget, which establishes the quantity of units that will need to be manufactured, must always come first in a master budget. The following stage would be to develop the production budget, which aids in estimating the required number of pieces.
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Which is a benefit of collaboration and teamwork?
A.It expands your social network and creates new connections.
B.It makes it more difficult to leave your current job.
C.It makes it easier to do your job since you can have other people do it.
D.It requires more work since you have to explain so much to other people.
Answers
Answer:
The Awnser Is A
Explanation:
It's the Best Awnser
Erica is an administrative assistant for a company with more than three thousand employees. She needs to send insurance documents to each employee. Erica should _____. call each employee and ask them to pick up the documents at her desk use a digital ink pen to scan her handwritten notes from a meeting send an e-mail to all employees and attach the insurance documents create a presentation
Answers
Answer:
Send an e-mail to all employees
Explanation:
How should the entries to a schedule of accounts payable be ordered?
OA. by date received
B. alphabetically by vendor name
C. by amount due from most to least
OD. by date due
Answers
Answer:
D. by date due
Explanation:
The entries to a schedule of accounts payable should be ordered by "date due" (Option D). This means that the accounts payable should be listed in the order of the due dates, with the earliest due date appearing first and the latest due date appearing last. This makes it easier for the person responsible for paying the bills to prioritize which bills to pay first and to ensure that bills are not missed or paid late due to disorganization.
Answer: by date received!
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
A bank advertises an annual interest rate of 2.8% compounded monthly on their savings accounts. In percentage terms, what is the effective annual rate (EAR) on the loan? Round to two decimal places (e.g., 5.43% --> 5.43)
Answers
The effective annual rate (EAR) on the loan is 2.85%.When an interest rate is compounded more frequently than annually, the effective annual rate (EAR) takes into account the compounding periods to reflect.
The true annual rate. In this case, the bank offers an annual interest rate of 2.8% compounded monthly. To calculate the effective annual rate, we use the formula: EAR = (1 + r/n)^n - 1, where r is the nominal interest rate and n is the number of compounding periods per year. Plugging in the values, we have r = 2.8% (or 0.028) and n = 12 (monthly compounding) EAR = (1 + 0.028/12)^12 - 1 EAR = (1.002333)^12 - 1 EAR ≈ 0.0285 or 2.85% Therefore, the effective annual rate (EAR) on the loan is approximately 2.85%. This means that if you keep the funds in the savings account for a year, with monthly compounding, you will effectively earn a 2.85% annual return on your investment.
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Which of the following set is correctly depicting the same type of production: I. bridges, fishing, rum II. Hotel worker, processed coffee, sugar
III. furniture, clothing, roadway IV. all the above
Answers
Each sector of the economy involves a different type of production process.
Which of the following set is correctly depicting the same type of production?The correct set that is depicting the same type of production is set II, which includes hotel worker, processed coffee, and sugar.
In set II includes hotel workers, processed coffee, and sugar. Hotel workers are part of the service sector, which involves providing intangible goods and services such as hospitality, entertainment, and transportation. Processed coffee and sugar are part of the manufacturing sector, which involves the transformation of raw materials into finished goods for consumption. These items are all related to the same sector of the economy, which is the service and manufacturing sector.
In contrast, set I includes a mix of production types. Bridges are part of the construction sector, fishing is part of the primary sector (which involves extracting natural resources), and rum is part of the manufacturing sector. These items are not related to the same type of production.
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The "normal" underlying level of unemployment in the economy is:
Answers
The total of structural unemployment and frictional unemployment represents the "typical" underlying level of unemployment in the economy.
What elements affect unemployment?The demand side, or employers, and the supply side, or the employees, are both impacted by a number of factors that lead to unemployment. Demand may be affected by high interest rates, a global economy that is in a recession, and the financial crisis. Two important supply-side contributions are structural employment and frictional unemployment.
What are the top three causes of unemployment?What Causes Unemployment Typically? The reasons for unemployment are numerous. These include economic downturns, depressions, technological advancements, job outsourcing, and voluntarily changing jobs.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.