Process costing: It is a costing system which is used for manufacturing companies which involves more than one process in production of goods. It uses cost per equivalent units and equivalent units in production in order to transfer costs to its finished goods inventory and ending WIP.
What is weighted average method?
The weighted average takes into consideration the relative significance or recurrence of a few variables in a information set. A weighted average is in some cases more precise than a straightforward average. In a weighted average, each information point esteem is increased by the doled out weight which is at that point summed and separated by the number of information points. For this reason, a weighted average can progress the data's accuracy. Stock financial specialists utilize a weighted average to track the fetched premise of offers bought at changing times.To know more about weighted average method visit:
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______ involves building relationships and sharing information with colleagues who can help managers achieve the items on their agendas.
Answer:
networking
Explanation:
Networking can be understood as a network of relationships that an individual builds through their professional life, and which can be very beneficial for sharing information and communications relevant to the business, as well as other professional issues, such as aiming for a new job vacancy, achieve professional promotion, etc.
Building a positive relationship with co-workers will always be beneficial in a worker's life, because through interpersonal relationships you can become a reference through your professional achievements, which can open doors and bring prominence to your career.
If you want to compare two different investments, what should you calculate? A. The compound interest B. The ROI percentages C. The ROI dollar amounts D. The capital gain Please select the best answer from the choices provided A B C D
Answer: B. The ROI percentages
Explanation: Making comparison between investments in terms of returns will involve calculating the ROI as a percentage. The ROI refers to the return on an investment which is the ratio of the net profit made from an investment and the cost of the investment. That is ;
ROI = (Net profit / cost of investment) × 100
Investment with greater or higher return on investment (ROI) is usually regarded as the best investment between alternatives. For instance two investments, A and B with ROI of 5% and 10% respectively. Investment B has a higher ROI than A and thus considered has the better investment decision.
Answer:
BBBBBBBBBBBBB
ROI percentages
Explanation:
did the test
ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate
Answer:
understanding the interest rate
Explanation:
i took the test
michelle works in retail and cant decide what products to include in the stores front window display what is the first step she should take to solve this problem
Michelle works in retail and can't decide what products to include in the store's front window display. What is the first step she should take to solve this problem?
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
C. State the problem.
Explanation:
To start with, Michelle must remember why he wants to put the product on the front window display. Next, he has to remember what he gains from displaying the products which are to advertise to potential customers.By stating this problem, Michelle now knows what products to include in the front window display because he can now sort the products that are likely to attract customers and display them.in order to better achieve a competitive advantage, firms must now adopt a holistic approach towards satisfying multiple interested parties opposed to focusing on the needs of their stockholders. this integrative approach is referred to as a. stakeholder strategy. b. internal shareholder strategy. c. integration strategy. d. exchange relationship strategy
In order to better achieve a competitive advantage, firms must now adopt a holistic approach towards satisfying multiple interested parties as opposed to focusing on the needs of their stockholders. this integrative approach is referred to as stakeholder strategy.
What is stakeholder strategy?Research supports these claims by demonstrating that long-term profits to shareholders improve when their interests are not prioritized. "Making the bottom line your first focus may not be the greatest approach to achieve profitability," Washburn stated. According to recent research, CEOs who prioritize the interests of stakeholders over profits produce stronger worker engagement – and thereby provide the improved financial results that they have declared a secondary aim." In recent years, a number of HBR experts, including Jeffrey Pfeffer, Nathan Washburn, and Dominic Barton, have argued that the interests of non-shareholder stakeholders – employees, suppliers, consumers, partners, and society — should be given more weight in strategy creation.
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If a firm wants to borrow $10 million and the real interest rate increases from 5 percent to 6 percent, then the cost of the investment has increased byA) $1 million per year.B) $100,000 per year.C) $6 million per year.D) $600,000 per year.E) nothing because the real interest rate is the return the firm will earn on its investment.
If a firm wants to borrow $10 million and the real interest rate increases from 5 percent to 6 percent, then the cost of the investment has increased by D) $600,000 per year.
The real interest rate represents the cost of borrowing adjusted for inflation. If the real interest rate increases, it means that borrowing becomes more expensive. In this case, the firm wants to borrow $10 million. A 1 percent increase in the real interest rate would result in an additional cost of 1 percent of the borrowed amount. 1 percent of $10 million is $10 million * 0.01 = $100,000. However, since the question asks for the increase per year, we multiply the $100,000 by the number of years. The increase in cost per year would be $100,000 * 6 (assuming a 6 percent real interest rate) = $600,000. Therefore, the cost of the investment has increased by $600,000 per year due to the increase in the real interest rate.
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farms in the northern u.s. produce 75% of which global crop yield?
Farms in the northern United States produce 75% of the world’s corn crop yield.
Corn is one of the most vital crops grown in the United States, with the majority of production occurring in the Midwest. Corn is a versatile crop that can be used for a variety of food products, animal feed, and biofuel.
The United States has the highest production of corn in the world due to its unique climate. The combination of warm temperatures, sufficient sunlight, and ample rainfall create the perfect environment for corn to thrive.
The northern United States also has a wide variety of soil types that are ideal for growing corn. The combination of these ideal factors allows farmers in the northern United States to produce a large majority of the global corn crop yield.
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what rapidly changing factor has led to the social age in business?
Answer:
Communication technology
Explanation:
who immediately benefits from lower price limits?
A. Consumers
B. Small businesses
C. The federal government
D. Large corporations
Answer:
A. Consumers.
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
Often times, the price of goods and services are primarily being set by the seller or service provider.
Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.
This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.
Hence, consumers immediately benefits from lower price limits because they would be able to purchase a large quantity of goods far less than its normal price.
Explanation:
Consumers immediately benefits from lower price limits
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,700 of direct materials and used $3,200 of direct labor. The job was not finished by the end of September, but needed an additional $2,200 of direct materials in October and additional direct labor of $5,700 to finish the job. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost. What is the amount of job costs added to Work in Process Inventory during October
Answer:
$19,300
Explanation:
Calculation to determine the amount of job costs added to Work in Process Inventory during October
Using this formula
October Job costs=Raw material+Direct labour+Overhead
Let plug in the formula
October Job costs=$2,200+$5,700+($5,700*2)
October Job costs=$2,200+$5,700+$11,400
October Job costs=$19,300
Therefore the amount of job costs added to Work in Process Inventory during October is $19,300
Who would best benefit from counseling?
A person with a debt-to-income ratio of 29%
A person with a debt-to-income ratio of 8%
A person with a debt-to-income ratio of 12%
A person with a debt-to-income ratio of 25%
Answer:
It's A. A person with a debt-to-income ratio of 29%
Explanation:
A person with a debt-to-income ratio of 29% would best benefit from counseling. Hence, option A is correct.
What is debt-to-income ratio?People debt-to-income ratio (DTI) evaluates how much of your monthly income is going toward paying down your debts. It specifically refers to the percentage of your gross monthly income that is used to settle debts such as rent, a mortgage, credit cards, and other commitments.
As a general rule, try to keep your total debt to income ratio at or below 43%. As a general rule, aim for a debt-to-income ratio of about 36% or less and no higher than 43%. This is how lenders frequently assess DTI: Excellent DTI of 36% or less. DTI is good at 43%.
The optimal back-end ratio, which takes into account all monthly debts, should not be more than, and the front-end ratio should not exceed, 28 percent.
Thus, option A is correct.
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For questions #1 - #4: Visit the PeachState Credit Union Website
https://www.peachstatefcu.org/ (Links to an external site.) Click on Accounts --> Checking
What is the name of the account for young adults?
Group of answer choices
eXtreme Checking
CU60 Checking
Basic Checking
Fresh Start Checking
Premium Checking
Answer:
I'm pretty sure that the answer is basic checking I'm not sure but you could try it if nobody else has an answer for you :)
I need the answers to the cengage reinforcement activity 2 part a, p. 406. Pls and thank you!!
Reinforcement Activity 2-Part A Dec 1 2 2 Paid cash to Riverside Properties for rent. $1. 600. 00 C456. Paid cash to City Office Source for office supplies, $216. 0. 0457 The board of directors declared a dividend of $0. 50 per share: capital stock issued is 6,000 shares. M56 Received cash on account from Chandler City Schools, covering S392 for $814. 80, less 2% sales discount R402 Sold merchandise on account to Pacific Stores. $4. 795. 0. Plus sales tax. S395. Paid cash to Downtown Hardware for miscellaneous expense. $85. 0. C458. 3 3 4 Gulf Uniform Supply, Inc. (GUS), a merchandising business, is organized as a corporation. The business sells a complete line of uniforms for a variety of businesses and organizations, including schools, medical offices, and retail stores. GUS is located in an open-area shopping center and is open for business Monday through Saturday. A monthly rent is paid for its store space in the shopping center. GUS accepts credit sales for approved customers and credit cards from individual customers. ATTENTION: The steps in this problem will vary from those in your text. Although the steps occur in a different order, the actions are the same. Therefore, the transactions will ultimately be journalized and posted to the ledgers properly. Journalize the transactions completed during December of the current year. GUS offers sales terms of 2/10, n/30. The sales tax rate is 6%. In the lis of transactions, source documents are abbreviated as follows: check, C; memorandum, M; purchase invoice, P; receipt, R; sales invoice, S; terminal summary, TS; debit memorandum, DM; credit memorandum, CM. When journalizing, no P is required in the Purch. No. Column of the purchases journal, no S is required in the Sale No. Column of the sales journal, and no C is required in the Ck. No. Column of the cash payments journal. PAGE 12 GENERAL JOURNAL
Answer:
I don't have access to specific textbooks or their answers. However, I can guide you through the process of journalizing the transactions provided in the Reinforcement Activity 2-Part A.First, we need to identify the accounts affected by each transaction and classify them as assets, liabilities, equity, revenues, or expenses. Then, we will use the following format to journalize the transactions:Date | Account Debited | Amount | Account Credited | Amount | DescriptionFor example, the first transaction is:Dec 1 | Rent Expense | $1,600.00 | Cash | $1,600.00 | Paid cash to Riverside Properties for rentThe accounts affected are Rent Expense (an expense account) and Cash (an asset account). Since cash is decreasing, it is credited, and Rent Expense is debited.You can follow a similar approach to journalize the remaining transactions. Once you have journalized all the transactions, you can post them to the respective ledgers.
Hopefully I helped:)
fill in the blank. Holt Computer Services received $200 from a customer that it had billed earlier in the month. Illustrate how to record the transaction to the T-accounts by completing the following sentences.
Accounts receivable would be ________(debited/credited) on the _____________(left/right) side of the T-account, and Cash would be ___________(debited/credited) on the __________(left/right) side of the T-account.
Accounts receivable would be credited on the right side of the T-account, and Cash would be debited on the left side of the T-account.
Cash would be deducted from the T-left account's side, while Accounts Receivable would be credited to the right side. This is because when a company receives payment from a customer, the company's accounts receivable account is decreased (credited) and the company's cash account is increased (debited).
The T-account is a visual representation of a company's accounts, with the left side representing debits and the right side representing credits. Therefore, the transaction would be recorded as a credit to accounts receivable on the right side of the T-account and a debit to cash on the left side of the T-account.
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According to public choice economists, the federal government has expanded because
A. the federal government is efficient in its spending.
B. deficit spending has reduced the perceived cost of current government operations.
C. taxpayers pay the full cost of current government operations.
D. the public likes to pay higher taxes to finance more programs.
Economists believe that the federal government has expanded because B. deficit spending has reduced the perceived cost of current government operations.
What do economists think of the federal expenditure?They believe that because the government can finance more expenditure with debt, they have engaged in more expenses than they can actually afford.
This means that the government no longer views the cost of government operations as high because they can engage in deficit spending.
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Which item is most often included along with a resume as part of a job application?
A. Follow-up letter
B. Work samples
C. Acceptance letter
D. Cover letter
Answer:
D. Cover letter
Explanation:
A cover letter is sent together with a resume by a job applicant to a potential employer. The cover letter details the job the applicant is applying for.
While a resume shows the technical and work experiences of the applicant, the cover letter shows their personal side. The cover letter allows a candidate to demonstrate why they are the best for the position. A cover letter gives each candidate an opportunity to market themselves to the employer.
When total cost is $10,000 and variable costs are $4,000 with an output level of 10 units, average fixed cost is $ and average variable cost is $
When the total cost is $10,000 and variable costs are $4,000 with an output level of 10 units, the average fixed cost is $600 and the average variable cost is $400.
To calculate the average fixed cost, we need to subtract the variable costs from the total cost and then divide it by the output level.
Average Fixed Cost = (Total Cost - Variable Costs) / Output Level
Given that the total cost is $10,000 and the variable costs are $4,000, we can calculate the average fixed cost as follows:
Average Fixed Cost = ($10,000 - $4,000) / 10 = $6,000 / 10 = $600
Therefore, the average fixed cost is $600.
To find the average variable cost, we divide the variable costs by the output level.
Average Variable Cost = Variable Costs / Output Level
In this case, the variable costs are $4,000, and the output level is 10 units.
Average Variable Cost = $4,000 / 10 = $400
Thus, the average variable cost is $400.
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According to the unit, what percentage of shoppers used a coupon in 2012?
A. 78%
B. 85%
C. 93%
D. 100%
today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
78%
Explanation:
I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P
3
Select the correct answer.
Which is true when you rent?
O A.
B.
C.
You build equity in your house.
You are responsible for any repairs.
You pay fewer up-front costs.
Answer:
A
Explanation: A because when you do repairs you give the goverment money
A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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Which of these is not affected by a person's credit score?
A. Apartment rentals
B. Credit card rates
C. Ability to get a cell phone contract
D. Federal income tax
A Bank with the following capital levels: common equity of 47,000, Tier 1 of 38,000, Tier 2 of 17,000. If total assets are 850,000 and risk adjusted assets are 650,000, the capital classification of the bank is
The capital classification of the bank would be "Adequately Capitalized" as its Tier 1 capital ratio.
To determine the capital classification of the bank, we need to compare its capital levels to the risk-adjusted assets. The capital classification is typically based on regulatory requirements and ratios set by the relevant financial authorities.
One common capital adequacy ratio used for classification is the Tier 1 capital ratio.
The Tier 1 capital ratio is calculated by dividing Tier 1 capital (including common equity) by risk-adjusted assets. Let's calculate the Tier 1 capital ratio:
Tier 1 capital ratio = (Tier 1 capital / Risk-adjusted assets) * 100
In this case:
Tier 1 capital = 38,000
Risk-adjusted assets = 650,000
Tier 1 capital ratio = (38,000 / 650,000) * 100
= 5.846%
Now, let's determine the capital classification based on the Tier 1 capital ratio:
Well-Capitalized: Tier 1 capital ratio ≥ 6%
Since the calculated Tier 1 capital ratio is 5.846%, it does not meet the well-capitalized threshold.
Adequately Capitalized: Tier 1 capital ratio ≥ 4%
The calculated Tier 1 capital ratio is above the adequately capitalized threshold, which is 4%.
Undercapitalized: Tier 1 capital ratio < 4%
Since the calculated Tier 1 capital ratio is above 4%, the bank is not classified as undercapitalized.
Therefore, based on the given information, the capital classification of the bank would be "Adequately Capitalized" as its Tier 1 capital ratio exceeds the minimum regulatory requirement of 4%.
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how many tines in earth does the sun intersect equartor
Answer:
два
Explanation:
The letters A, B, C, D, E, F, G are called what?
how do you wrrite the word pneumonoultramicroscopicsilicovolcanoconiosi aand what does it mean?
Answer:
Pneumonoultramicroscopicsilicovolcanoconiosis
Explanation:
Pneumonoultramicroscopicsilicovolcanoconiosis is a phrase used to describe a lung condition produced by inhaling silica dust, as in I had difficulty breathing and my doctor diagnosed me with pneumonoultramicroscopicsilicovolcanoconiosis.
Variable costing prepares the income statement using the traditional format. Question content area bottom Part 1 True False
It is a false statement that variable costing prepares the income statement using the traditional format because it is for allocation of production costs.
What is variable costing?Variable costing refers to an accounting method that is used to allocate production costs to product being produced.
This method of costing allocates all variable-manufacturing costs to the product during the period.
Furthermore, a variable costing assigns only variable costs to the products.
In conclusion, it is a false statement that variable costing prepares the income statement using the traditional format because it is for allocation of production costs.
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Which of the following is not one of the 3 major ways to save for retirement
that were discussed in class?
O a. Saving and investing throughout your life
O b. Getting paid via benefits from social security
O d. Liquidating the majority of your assets into cash
O c. Leveraging benefits from your previous job
The option that is not one of the 3 major ways to save for retirement discussed in class is option
(d) liquidating the majority of your assets into cash.
What is a better way to save for retirementThis is not a sustainable strategy for retirement savings as it involves selling off assets that could potentially generate income and growth over time.
The three major ways to save for retirement are:
a. Saving and investing throughout your lifeb. Getting paid via benefits from social securityc. Leveraging benefits from your previous job (such as a pension plan or 401(k))Learn more about retirement savings at
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You have a credit card balance of $53.00 from the previous month. You have $172.45 in new purchases and you made a payment of $50.00. Your APR is 8.75%. According to the Previous Balance method, what amount would you use to calculate the interest for this month?
Answer:
$50
Explanation:
As per previous balance method the Interest is charged based on the opening balance of the Credit Card.
As $50 was the balance from previous month and opening balance for this month, Hence $50 would be the amount we would use to calculate the interest for this month.
Answer:
The answer is $50.
Explanation:
Authentic Thai rattan chairs are delivered to Gary Schwartz's chain of retail stores, called The Kathmandu Shop, once a year. The reorder point, without safety stock, is 200 chairs.
Carrying cost is $30 per unit per year, and the cost of a stockout is $80 per chair per year.
Given the following demand probabilities during the lead time, how much safety stock should be carried?
Demand during lead time Probability
0 0.2
100 0.2
200 0.2
300 0.2
400 0.2
The optimal quantity of safety stock which minimizes expected total cost is _ units (enter your response as a whole number).
Answer:
The optimal quantity of safety stock which minimizes expected total cost is _ units is 100 units.
Explanation:
Incremental Costs would be considered here to evaluate which safety stock level is the best for the company.
The working is as under:
Safety Stock Carrying Cost Stock-out Cost Total Cost
0 0 (100*0.2 + 200*0.2) * 80 4,800
100 100*30 = $3000 (100 * 0.2) * 80 1,600
200 200*30 = $6000 (200 * 0.2) * 80 3,200
The total cost has started growing as the safety starts growing above the 100 units level. This means that the safety stock must be 100 units as the cost at this level is the lowest to the company.
Inventory is termed as the accounting name of the stock of the goods and services in the economy. This is the produced level of the final goods of the firm.
100 units are the optimal quantity of safety stock for reducing the anticipated total cost.
Here, incremental costs would be considered to determine whether the level of inventory level is optimum for the firm.
The calculation is as shown below:
Safety Stock Carrying Cost Stock-out Cost Total Cost
0 0 \((100\times0.2 + 200\times0.2) \times 80\) 4,800
100 \(100\times30 = \$3000\) \((100 \times 0.2) \times80\) 1,600
200 \(200\times30 = \$6000\) \((200 \times 0.2) \times 80\) 3,200
The overall cost has risen up when the degree of safety rises above 100 units. This indicates that the safety stock must be 100 units because the company's cost becomes the least at this point.
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cam was offered a job. he was offered $13.50 per hour plus time-and-a-half for any hours he works over 40 hours in one week. what will cam's gross salary be if he works 45 hours in one week?
Answer:
Cam's gross salary would be $612.50 if he works 45 hours in one week.