Answer:
Cappuccino machines should be produced in Atlanta and coffee makers in Fort Worth. The Fort Worth facility would need to operate 100 hours per week and the Atlanta facility would need to operate 140 hours per week.
Total costs associated to operating the facilities = ($2,400 x 100) + ($600 x 140) = $324,000
Explanation:
Since there is not constraint regarding the total number of labor hours that each plant can operate, then we must choose the plant that operates at the lower cost. The only restriction is total time = 7 days x 24 hours = 168 hours per week:
production costs Atlanta:
coffee maker = $600 / 160 = $3.75 per unit
cappuccino machine = $600 / 200 = $3 per unit
production costs Fort Worth:
coffee maker = $2,400 / 800 = $3 per unit
cappuccino machine = $2,400 / 200 = $6 per unit
Cappuccino machines should be produced in Atlanta and coffee makers in Fort Worth. The Fort Worth facility would need to operate 100 hours per week and the Atlanta facility would need to operate 140 hours per week.
Which of the following costs should not be included in product costs for internal management reports that are used for decision-making?
Answer: d. Cost of organization sustaining activities
Explanation:
Organization sustaining activities are those undertakings that have to be made if a company can keep operating. Examples include; property taxes, insurance, information filing with Government agencies and etc.
These activities are therefore not directly linked to the production process as they are not related to a single product and so should not be included in product costs for internal management reports which will be used for decision-making.
Suppose you are committed to owning a $220,000 Ferrari. If you believe your mutual fund can achieve an annual return of 10.85 percent, and you want to buy the car in 8 years on the day you turn 30, how much must you invest today
Answer:
2,291,520
Explanation:
220,000×10.85%=23,870
23,870×96=2,291,520
Identify whether you think you may or may not become an entrepreneur and launch your own
business. Why or why not.
Answer:
Explanation:
lol because its the business and elon musk said it himself and heas richest in world
e34rorowjiop
There are several reasons why one would love to become an entrepreneur. These are the reasons:
You work at your own pace.You are your own boss.You discover the ways to do things yourself.You have more flexible hours.What is entrepreneurship?This is the act of owning a business. The entrepreneur is a person who ventures into a business due to the fact that he wants to make gain.
He is the risk bearer in his business and often enjoys profit when the business is successful.
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What is the rate if the base is 366 and the portion is 50
If base is 366 and quotient is 50 then the rate is 13.66%.
The given rate is calculated as follows: Rate = (Portion/Base) × 100Let's plug in the values to find the rate: Rate = (50/366) × 100= 13.66...% (rounded to two decimal places)Therefore, the rate if the base is 366 and the portion is 50 is 13.66%. In other words, the portion of 50 is 13.66% of the base of 366.To understand what rate is, let's look at an example: Imagine you have a bowl of fruit that contains 5 apples and 15 oranges. The rate of apples to the total fruit is (5/20) or 0.25, which is equivalent to 25% (since we multiply the decimal by 100 to get the percentage).The rate tells us how much of one thing there is in relation to the whole. In the example above, the rate of apples tells us that 25% of the fruit in the bowl is apples. Likewise, in the given problem, the rate of 13.66% tells us that 13.66% of the base of 366 is equal to the portion of 50.
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What did you find surprising about the retailing strategy for Costco, Amazon, and Whole Foods? Which business do you believe has the most successful approach to retailing and supply chain management?
Costco is the world's third-largest retailer, trailing only Walmart and Amazon. However, there is something very unusual about the retail behemoth. When compared to other retail stores, Costco makes significantly less money per product sold.
The business that I believe has the most successful approach to retailing and supply chain management is Costco.
How to illustrate the information?Employees at Costco enjoy a diverse and inclusive work environment. Considered the company's "most important asset," it is well-known that Costco pays significantly higher wages than its competitors and even provides benefits to its employees.
Costco also emphasizes the importance of internal promotions, with more than 90% of its managers worldwide (70% of U.S. warehouse managers) and executives beginning as hourly cart pushers or inventory stock workers.
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This chapter is all about trade--imports and exports and the balance of payments.
On June 30, 2021, Georgia-Atlantic, Inc. leased a warehouse equipment from IC Leasing Corporation. The lease agreement calls for Georgia-Atlantic to make semiannual lease payments of $559,946 over a four-year lease term, payable each June 30 and December 31, with the first payment at June 30, 2021. Georgia-Atlantic's incremental borrowing rate is 10%, the same rate IC uses to calculate lease payment amounts. Amortization is recorded on a straight-line basis at the end of each fiscal year. The fair value of the equipment is $3.8 million. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
Required:
1. Determine the present value of the lease payments at June 30, 2021 that Georgia-Atlantic uses to record the right-of-use asset and lease liability.
2. What pretax amounts related to the lease would Georgia-Atlantic report in its balance sheet at December 31, 2021?
3. What pretax amounts related to the lease would Georgia-Atlantic report in its income statement for the year ended December 31, 2021?
(For all requirements, enter your answers in whole dollars and not in millions. Round your final answers to the nearest whole dollar.)
1. Present value
2. Pretax amount for liability Pretax amount for right-of-use asset
3. Pretax amount for interest expense Pretax amount for amortization expense
Answer:
1. $3,800,001
2. Pretax amount of liability $2,842,112
Pre tax amount of right to use asset $3,325,000
3. Pre tax amount of interest expense $162,003
Pre tax amount of amortization expenses $475,000
Explanation:
1. Calculation for the Present value
Using this formula
PV of minimum lease payments used to record right to use assets = Semi Annual lease payments * Cumulative PV Factor of annuity due for 8 periods at 5%
Where,
Semiannual lease payment = $559,946
Total semiannual payments = 4*2 = 8
Incremental borrowing rate = 10%, 5% semiannual
Let plug in the formula
PV of minimum lease payments used to record right to use assets= $559,946 * 6.78637
PV of minimum lease payments used to record right to use assets= $3,800,001
Therefore the Present value will be $3,800,001
2. Calculation for the Pretax amount for liability and Pretax amount for right-of-use asset
Calculation for Pretax amount of liability
First step is to calculate the Pretax amount of liability on 30.06.2021
Pretax amount of liability on 30.06.2021 = ($3,800,001 - $559,946)
Pretax amount of liability on 30.06.2021= $3,240,055
Second step is to calculate the Interest expense for 31.12.2021
Interest expense for 31.12.2021 = $3,240,055 * 5%
Interest expense for 31.12.2021= $162,003
Now let calculate the Pre tax amount for liability December 31, 2021
Pre tax amount for liability December 31, 2021 = $3,240,055 + $162,003 - $559,946
Pre tax amount for liability December 31, 2021= $2,842,112
Therefore The Pre tax amount for liability December 31, 2021 will be $2,842,112
Calculation for Pre tax amount of right to use asset
First step is to calculate the Depreciation on right to use assets for 2021
Depreciation on right to use assets for 2021 = $3,800,000 / 4 * 6/12
Depreciation on right to use assets for 2021 = $475,000
Now let calculate the Pre tax amount of right to use asset to be reported for 2021
Pre tax amount of right to use asset to be reported for 2021 = $3,800,000 - $475,000
Pre tax amount of right to use asset to be reported for 2021 = $3,325,000
Therefore Pre tax amount of right to use asset to be reported for 2021 will be $3,325,000
3. Calculation for Pretax amount for interest expense Pretax amount for amortization expense
Calculation for Pretax amount for interest expense
Pre tax amount of interest expense = $3,240,054 * 5%
Pre tax amount of interest expense= $162,003
Therefore the Pre tax amount of interest expense will be $162,003
Calculation for Pre tax amount of amortization expenses
Pre tax amount of amortization expenses = $3,800,000 / 4 * 6/12
Pre tax amount of amortization expenses = $475,000
Therefore The Pre tax amount of amortization expenses will be $475,000
Sami Co. has the following sales: cash sales BD68,000, credit sales BD740,500, Visa & Master card sales BD410,800. Sami estimated bad debts to be 1.5% of credit sales. The amount of the allowance for doubtful debts is
Answer:
The amount of the allowance for doubtful debts is BD11,107.50.
Explanation:
Allowance for doubtful accounts can described as an estimate of the amount of accounts receivable which a business expects that it will not be collectible.
From the question, we have:
Credit sales = BD740,500
Estimated bad debts percentage = 1.5%
Therefore, allowance for doubtful debts can be calculated as follows:
Allowance for doubtful debts = Credit sales * Estimated bad debts percentage ............ (1)
Substituting the values into equation (1), we have:
Allowance for doubtful debts = BD740,500 * 1.5% = BD11,107.50
Therefore, the amount of the allowance for doubtful debts is BD11,107.50.
Which one of the following variables is assigned with valid literals?
a) int salary = 0;
salary = 5000.50;
b) int salary1 = 0;
salary1 = 1.2E6;
c) double salary2 = 0;
salary2 = 2.96E-2;
d) long salary3 = 0;
salary3 = 1E-6;
C) double salary2 equals 0; pay2 is 2.96E-2; It is not possible to use the reserved words int, static, void, and so on as variable names.
Which of the following is a valid name for a variable?Some examples of valid variable names are as follows: age, gender, age_of_hh_head, and x25 A valid variable name begins with a letter and can be followed by underscores, digits, or letters. The value that the namelengthmax command returns is the maximum length of a variable's name.
In Java, which of the following is correct for declaring and initializing a variable?A variable is declared (created) by specifying its type, leaving at least one space, giving it a name, and concluding the line with a semicolon (;). The keyword int denotes an integer, the keyword double denotes a floating point number with double precision, and the keyword boolean denotes a Boolean value in Java.
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The Southern Bell Company manufactures 2,000 telephones per year. The full manufacturing costs per telephone are as follows:
Direct materials $2
Direct labor 8
Variable manufacturing overhead 6
Average fixed manufacturing overhead 6
Total $22
The Illinois Bell Company has offered to sell Southern Bell Company 2,000 telephones at $15 per unit. If Southern Bell accepts the offer, $8,000 of fixed overhead will be eliminated. Southern Bell should:
a. Make the telephones, the savings is $2,000.
b. Buy the telephones, the savings is $10,000.
c. Buy the telephones, the savings is $12,000.
d. Make the telephones, the savings is $12,000
Answer:
The company should buy the units because it will save $10,000.-
Explanation:
Giving the following information:
Make in-house:
Unitary variable cost= 2 + 8 + 6= $16
Avoidable fixed cost= $8,000
Buy:
Unitary cost= $15
First, we will determine the total cost of each option:
Make in house= 2,000*16 + 8,000= $40,000
Buy= 15*2,000= $30,000
The company should buy the units because it will save $10,000.-
b. Buy the telephones, the savings is $10,000.
The Meaning or Definition of Direct Materials. (Cost Accounting). Direct materials are those materials which could be identified on the product and can be conveniently measured and directly charged of the product. so, these materials directly enter the product and form a part of the finished product.
Giving the following information:
Make in-house:
Unitary variable cost= 2 + 8 + 6= $16
Avoidable fixed cost= $8,000
Buy:
Unitary cost= $15
First, we will determine the total cost of each option:
Make in house= 2,000*16 + 8,000= $40,000
Buy= 15*2,000= $30,000
The company should buy the units because it will save $10,000.
Examples of direct materials include the following:
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refer to the makeup of a firms capitalization
Finance. Another aspect of capitalization refers to the company's capital structure. Capitalization can refer to the book value cost of capital, which is the sum of a company's long-term debt, stock, and retained earnings. ... Companies with a high market capitalization are referred to as large caps.
The following information was available for Pina Colada Corp. at December 31, 2022:
Beginning inventory $93000
Ending inventory $64000
Cost of goods sold $763805
Sales $1040000.
Pina days inventory turnover ratio in 2022 was: ___________
Answer:
37.51 days
Explanation:
Use the following formula to calculate the Inventory Turnover ratio
Inventory Turnover ratio = Cost of goods sold / Average Inventory
Where
Cost of goods sold = $763,805
Average Inventory = ( Beginning Inventory + Ending Inventory ) / 2 = ( $93,000 + $64,000 ) / 2 = $78,500
Placing values in the formula
Inventory Turnover ratio = $763,805 / $78,500
Inventory Turnover ratio = 9.73
Inventory Days = Numbers of days in a year / Inventory Turnover ratio = 365 / 9.73 = 37.51 days
On a per unit basis economic profit can be determined as the difference between?
if the marginal propensity to consume is 9.5, then a $100 increase in investment will result in a maximum increase in equilibrium real gross domestic product of $…..
Marginal propensity to consume is the fraction of additional income that is spent on consumption. Therefore, if the marginal propensity to consume is 9.5, then for every additional dollar earned, 95 cents will be spent on consumption. If investment increases by $100, the maximum increase in equilibrium real gross domestic product (GDP) can be calculated by multiplying the increase in investment by the marginal propensity to consume.
The formula to calculate the maximum increase in equilibrium real gross domestic product is:Maximum increase in equilibrium real GDP = Change in investment × Marginal propensity to consume. Substituting the given values into the formula, we get:
Maximum increase in equilibrium real GDP = $100 × 9.5% or 0.095. Therefore, the maximum increase in equilibrium real GDP is $9.5.Since the increase in investment results in a multiplier effect on the economy, it is expected to lead to a higher increase in GDP than the calculated maximum increase in equilibrium real GDP.
This is because the increase in investment would result in increased production, employment, and incomes, leading to a further increase in consumption and investment.
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As students interested in business, what resonated most with you?
In your life and work experience have you seen similar themes and/or
situations as presented in the Lorax?
Can you imagine an instance in your future work experience where this might
come up?
What would you do if facing this type of situation, or how might you prevent it
from occurring?
Some of the relevant facts about the Lorax book that can be related to everyday life and work experiences is about human actions that impact the environment.
How to prevent the same thing as in Lorax from happening in real life and at work?The plot of the book demonstrates a place where everything is artificial, like trees, which are no longer natural and are replaced by plastic. This situation can be imagined as a form of reflection for individuals to become aware of the importance of natural resources.
In factories there is a lot of use of natural resources that are scarce to be transformed into goods, and it is possible that every individual who has worked in companies has observed some negative impact of such activities on nature.
Therefore, to prevent such a situation as the one in the book from occurring, it is essential that every citizen and company is aware of their responsibility for sustainability, instituting simple measures to achieve this end, such as recycling, reducing consumerism and including environmental management.
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Increased water-related costs will directly impact material processing companies, but these costs ______ impact upstream businesses and consumers.
"Increased water-related costs will directly impact material processing companies, but these costs also impact upstream businesses and consumers."
What does the upstream business mean?The suppliers of the company and the procedures for maintaining relationships with them are included in the upstream segment of the supply chain.
The actions associated with the organization's suppliers—those parties who find raw materials to send to the manufacturer—are all part of the upstream supply chain.
The term "downstream supply chain" describes actions taken after product manufacture, namely the act of transferring the goods to the buyer.
For example Points in the production process that start off early in the processes are referred to as upstream.
In the oil and gas supply chain, upstream, also known as exploration and production (E&P), is located the farthest away from the end-user consumer.
Therefore, the correct fill-in will be "also", and the meaning of upstream in the business and companies are explained above, kindly follow them.
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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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What is one direct result of competition in a free-market economy?
A. Some companies may go out of business.
B. The need for advertising will decrease.
C. The unemployment rate will stay at a constant level.
D. Some governments may control the market.
The direct result is Option A. Some companies may go out of business.
Result of competition in a free-market economyA direct result of competition in a free-market economy is that some companies may go out of business.
In a competitive market, companies must continuously innovate, improve efficiency, and offer better products or services at competitive prices to stay relevant and profitable.
Those that fail to do so may lose customers and market share, leading to decreased revenues and ultimately bankruptcy.
This dynamic of creative destruction is a key feature of free-market economies, as it allows new and innovative companies to emerge, leading to better products, lower prices, and increased economic growth.
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The perfect rose co has earning of 1.55 per share. The benchmark pe for the company is 11. What stock price would you consider appropriate?
Answer:
$17.05
Explanation:
The perfect rose corporation has a earnings of $1.55
The benchmark PE ratio is 11
Therefore the stock price can be calculated as follows
= bench mark PE × EPS
= 11 × 1.55
= $17.05
Hence the stock price to be considered appropriate is $17.05
stabilizing community lifelines is the primary effort during?
Answer:
Incident Stabilization
Explanation:
This is the primary effort during Incident Stabilization. A Community Lifeline allows for the continuous operation of crucial government/business functions that is vital to human health and safety. They are also the fundamental services within each community that, when stabilized allow all other aspects of that community to function as intended.
Question 9 of 10
To pay down the principal on your student loan right away, you should:
To pay down the principal on your student loan right away, one should pay more than minimum amount expected to be paid with interest.
What is student loan?
An agreement whereby a college or university student borrows a bank's money to pay for their studies and then repays the loan once they have finished their studies and have begun working.
Reason
A loan payment that doesn't go toward the interest due on the loan but instead lowers the amount still owed on the loan.
What is principal loan?
The principal is the sum of money you initially promised to repay. The cost for borrowing the principal is interest. In general, any payment is made on a vehicle loan will be used to cover any outstanding fees first.
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indicate how resources will be allocated in a market economy
Answer:
In a free market economy, resources are allocated through the interaction of free and self-directed market forces. This means that what to produce is determined consumers, how to produce is determined by producers, and who gets the products depends upon the purchasing power of consumers
Match the descriptions to the letter type they explain.
focuses on how you
would fit with
the company
addresses the job
description and
your qualifications
follows the résumé's
format
not intended for a
specific job
Cover Letter
Letter of Interest
Answer:
cover letter
follows resume format
addresses the job description and your qualification
letter of interest
not intended for a specific job
focuses on how you would fit with the company
A description is giving details about something. The descriptions of the letter type that explain the cover letter and letter of interest are as follows:
What is a description?A description can be defined as a statement giving details about something or someone.
A cover letter follows the resume format and addresses the job description and qualifications.
A letter of interest is not intended for a specific job and mainly focuses on how you would fit with the company.
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A news headline reads, "Time for change: let free market forces determine the money supply." Which statement offers a valid claim in direct support of this headline?
Congress affects the economy through fiscal policy; controlling the money supply is unnecessary.
Congress should lose its role in fiscal policy; it often fails to influence the money supply.
The Fed is just as important as Congress, as monetary policy works differently in the economy.
The Fed should be controlled by Congress, and monetary policy should be publicly voted upon.
The statement "Congress should lose its role in fiscal policy; it often fails to influence the money supply" offers a valid claim in direct support of the headline "Time for change: let free market forces determine the money supply."
What are market forces?
Market forces refer to the complex interactions between buyers and sellers in a market, which determine the prices and quantities of goods and services that are traded. These forces include supply and demand, as well as other factors such as competition, the cost of production, and the availability of substitutes.
The headline suggests that the current system of having Congress and the Federal Reserve (the Fed) control the money supply is not effective, and that allowing free market forces to determine the money supply might be a better approach. The statement supports this idea by arguing that Congress has not been successful in influencing the money supply, and therefore should not have a role in fiscal policy.
It's worth noting that the other statements do not directly support the headline. The first statement (Congress affects the economy through fiscal policy; controlling the money supply is unnecessary) does not address the headline's suggestion that free market forces should determine the money supply. The third statement (The Fed is just as important as Congress, as monetary policy works differently in the economy) does not address the issue of whether free market forces should be allowed to determine the money supply. The fourth statement (The Fed should be controlled by Congress, and monetary policy should be publicly voted upon) suggests a different approach to determining the money supply, rather than letting free market forces determine it.
Hence, the 2nd statement offers a valid claim on the statement, "Time for change: let free market forces determine the money supply."
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PLEASE HURRY
1. What are the 3 parts of the Federal Reserve?
2. How many Board of Governors are there?
3. How many District/Reserve Banks are there?
4. Which Reserve Bank President always gets a vote with the FOMC (hint: which city)?
5. How many votes are there in the FOMC, the group that takes action on the nation's money supply?
6. What is the long term goal of the Federal Reserve (hint: discussed at the research department)
7. How do banks get money so that it can be lended out to businesses and consumers?
What makes penny stocks risky investments with uncertain rates of return? Choose four correct answers.
They generally have a low trading volume.
They have a low market price of less than $5.
They represent a share of a company’s value.
It is difficult to find reliable information about the company.
They are more likely to be a part of a “pump and dump” scheme.
Answer:1,2,4,5
Explanation: just took the assignment
Answer:
1, 2, 4, 5
Explanation:
Got it right on edge 2020
use numerical method to calculate BEP of a wine company that sells a 1000 litres of wine per week at R12 per litre. They produce the wine at R8 per litre and their total fixed cost to operate their plant and to produce their wine is R2000 per week. What is the Net Profit of the company?
Answer:
BEP : 500 units
Profits : R2000
Explanation:
BEP or break-even point = fixed costs/ contribution margin per unit.
Fixed costs = R2000
Contribution margin per unit = selling price - variable costs
Contribution margin per unit = R12- R8 =R4
BEP = 2000/4
BEP = 500 units
profits will be the units sold after BEP x contribution margin
=1000-500
=500
profits will be
=500 x 4
=2000
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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A debt is an amount of money that is owed to a bank, a credit card company, a store, or another individual.
O True
O False
true <3
;DDDDDDDDDDDDDDDDDDDD
The answer is True .
It is true because the definition of debt is the state of owing money .
Which of the following is an example of a positive externality that would result from converting the inner part of a city to a
pedestrian only area?
The decrease in population in the city
The increase in the commute time for people who work in the area
A decrease in business in the area
The reduction in gas prices for people who work in the area
The reduction in gas prices is an example.
Whenever a production of good or service benefits the third party who is not directly involved in a market transaction, it is said that positive externality exists in the scenario.
In another word, Positive externalities does exist when a third party benefits an action with involvement with direct transaction..A typical example of where positive externality exist is when there is reduction in gas prices for people who work in the area. A third party who need fuel will benefit here because there were few need for fuel in pedestrian area, leading to crash in fuel price.Learn more about Positive externalities here
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Answer:
the decrease in pollution in the city
Explanation:
just took the test