conan electronics corporation manufactures and assembles electronic motor drives for video cameras. the company assembles the motor drives for several accounts. the process consists of a lean cell for each customer. the following information relates to only one customer's lean cell. for the year, planned labor and overhead was $80,000,000 and materials costs were $25 per unit. planned production included 9,600 hours to produce 76,800 motor drives. actual production for the month of august was 5,200 units, and motor drives shipped amounted to 5,040 units. from the foregoing information, determine the cell conversion cost rate (rounded to the nearest dollar) for applying conversion costs.
Answers
The cell conversion cost rate for applying conversion costs is $33.35.
Cell conversion cost rate can be defined as the rate that is determined by dividing the cell's total cost of manufacturing process by the actual number of units that are produced in the cell in a particular time period. The company assembles motor drives for several customers by using a lean cell for each customer.
Planned labor and overheads were $80,000,000 and material costs were $25 per unit. The planned production included 9,600 hours to produce 76,800 motor drives. Actual production for the month of August was 5,200 units, and motor drives shipped amounted to 5,040 units.
Total costs for production = (Actual hours worked * Hourly rate) + Actual overheadsTotal cost for production = (5,200 units * $25 per unit) + [(5,200 actual hours worked/ 9,600 planned hours) * $80,000,000]
Total cost for production = $130,000 + $43,333
Total cost for production = $173,333
Conversion cost rate per unit = Total costs for production/Actual number of units produced
Conversion cost rate per unit = $173,333/5,200
Conversion cost rate per unit = $33.35
Hence, the conversion cost rate per unit for applying conversion costs for the given information is $33.35 (rounded to the nearest dollar).
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Related Questions
based on normal market reaction, the market price of stock will:
Answers
Explanation:
the study of the characteristics of human populations such as size density age race gender and income is known as
Help me with this one two , still not sure what to do here
Answers
Answer:
NEED CORRECT IN FORMATION BECAUS NOT EASY TO SOLVE
Explanation:
Reyes manufacturing company uses a job order cost system. at the beginning of january, the company had one job in process (job 201) and one job completed but not yet sold (job 200). job 202 was started during january. other select account balances follow (ignore any accounts that are not listed).
Answers
Question Completion:
During January, the company had the following transactions:
a) Purchased $20,000 worth of materials on account.
b) Recorded materials issued to production as follows:
Job Number Total Cost
201 $12,000
202 21,000
Indirect materials 3,200
$36,200
c) Recorded factory payroll costs from direct labor time tickets that revealed the following:
Job Number Hours Total Cost
201 100 $2,150
202 500 10,750
Factory supervisor's 5,000
$17,900
d) Applied overhead to production at a rate of $25 per direct labor hour for 600 actual direct labor hours.
e) Recorded the following actual manufacturing overhead costs:
Items Total Cost Description
Factory rent $3,100 Paid in cash
Depreciation 2,500 Factory equipment
Factory utilities 1,750 Incurred but not paid
Factory insurance 1,250 Prepaid policy
$8,600
f) Completed Job 201 and transferred it to Finished Goods Inventory.
g) Sold Job 200 for $31,000.
Job 202 was still in process at the end of January.
Requirement: Post all transactions to T-accounts, including offsetting accounts, like the Cash Account, etc.
Answer:
Reyes Manufacturing Company
T-accounts:
Raw materials
Account Titles Debit Credit
Accounts payable $20,000
Job 201 $12,000
Job 202 21,000
Indirect materials 3,200
Accounts payable
Account Titles Debit Credit
Raw materials $20,000
Job 201
Account Titles Debit Credit
Raw materials $12,000
Salaries expenses 2,150
Manufacturing overhead 2,500
Finished Goods $16,650
Job 202
Account Titles Debit Credit
Raw materials $21,000
Salaries expenses 10,750
Manufacturing overhead 12,500
Ending Balance $44,250
Finished Goods Inventory
Account Titles Debit Credit
Job 201 $16,650
Cost of Job 200 sold $
Cost of goods sold
Account Titles Debit Credit
Finished goods $
Sales Revenue
Account Titles Debit Credit
Cash $31,000
Cash Account
Account Titles Debit Credit
Sales revenue $31,000
Manufacturing overhead
Account Titles Debit Credit
Raw materials $3,200
Salaries expenses 5,000
Job 201 $2,500
Job 202 12,500
Salaries Expense
Account Titles Debit Credit
Job 201 $2,150
Job 202 10,150
Manufacturing overhead 5,000
Explanation:
All the accounts involved in Reyes Manufacturing Company's January transactions are posted to the general ledger in the form of T-accounts with debit and credit sides. The balances are not extracted.
which region specializes in diamonds ; one way to measure economic growth is by using gdp, which stands for .; which is the best example of outsourcing?; the middle east is best associated with which internationally traded product?; which is the best example of a country that is dependent on other countries?; why does the u.s. import oil brainly
Answers
1 Botswana
2 offshore nearshore onshore
3 i don't know
4 I don't know
5 Due to the distribution of the refining sector in the United States, concentrated on the American coasts of the Gulf of Mexico, it is indeed more profitable to import specific products on the west coast of the country than on the East coast with more limited refining capacities
and sorry
PLEASE ANSWER THIS QUESTION ASAP
Complete the personality assessment found at the link below. Describe what you found out about yourself. Please write about each of the questions below. Your journal should be in paragraph form, not bullet points. You must include the results of your Myers-Briggs assessment, and your entry must be at least 250 words long. There are no right or wrong answers, but it is worth 20 points. Please edit your work for spelling, grammar, and punctuation to receive full points.
Does it fit you or do you disagree?
What sort of work atmosphere would you be best in, given the results of the Myers-Briggs Type indicator?
Does it fit with your ultimate work goals and if so, in what way?
What motivates you?
What do you think is the professor’s MBTI based on the design of the course and your interactions thus far? (No worries if you don't know your instructor well. This question was created to have you explore the personality types further and see how close you can get to guessing your instructor's type, from interactions you have had in this course.)
Any other observations or thoughts?
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Answer:
Read each page and do the quizzes. After you have read through the pages of the website, assess what you learned. Write a 600 word summary in your own words that identifies the main points you learned. Your summary should include at least one question and answer from each quiz. Explain your answers. Use a publishing program to create a safety poster to make workers aware of safety hazards. I do not agree with the link assessmne,t but I would be a stafe 3 on the MyersBriggs scale because odf above
.Explanation:
Yes it fits ultimately.
the type of compensation plan that focuses on the difference between actual performance (sales, operating income, etc.) and budgeted performance refers to
Answers
The type of compensation plan that focuses on the difference between actual performance (sales, operating income, etc.) and budgeted performance refers to variable pay compensation plan.
A variable pay compensation plan is a type of pay system in which employees are compensated based on their individual and/or team performance. This compensation may be in the form of bonuses, commissions, stock options, or other financial incentives, and it is generally designed to reward high performers while also motivating employees to work harder.
Variable pay plans can be useful for businesses looking to improve employee productivity and retention, as they provide a clear incentive for employees to perform at their best. However, they can also be more complex and difficult to administer than traditional pay plans, as they require careful tracking and monitoring of employee performance data.
Overall, variable pay plans can be an effective way to incentivize high performance among employees and boost organizational success.
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TRUE/FALSE. If The Tower of Pizza has a cash flow degree of operating leverage equal to 1.15, then a 20 percent increase in revenue should drive a 35 percent increase in pretax operating cash flow.
Answers
False. If The Tower of Pizza has a cash flow degree of operating leverage equal to 1.15, a 20 percent increase in revenue would not lead to a 35 percent increase in pretax operating cash flow.
The degree of operating leverage (DOL) is a measure of the sensitivity of the operating cash flow to changes in revenue. It indicates the percentage change in operating cash flow resulting from a percentage change in revenue. In this case, if the DOL is 1.15, it means that a 1 percent increase in revenue would lead to a 1.15 percent increase in pretax operating cash flow.
To calculate the expected increase in pretax operating cash flow, we can use the formula: Expected increase in pretax operating cash flow = DOL × Percentage change in revenue.
Given that the revenue has increased by 20 percent, the expected increase in pretax operating cash flow would be 1.15 × 20 percent = 23 percent, not 35 percent. Therefore, the statement that a 20 percent increase in revenue would drive a 35 percent increase in pretax operating cash flow is false.
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What is one major advantage of creating a division of labor in a business?
A. Employees are encouraged to become more self-sufficient.
B. Employees have fewer opportunity costs for switching careers.
C. Employees do not need to spend time learning multiple jobs.
D. Employees have fewer reasons to conduct voluntary exchange.
Answers
The one major advantage of creating a division of labor in a business is that the employees are encouraged to become more self-sufficient.
What is the division of labor?The division of labor is defined as the division of a work procedure in the business organizations into several tasks, each of which is performed by a different person or group of people.
It is one of the nucleus organizational rules of the assembly line and is most typically used to systems of mass manufacturing.
The advantage of this concept in the business is that the labors become more efficient in a particular activity as doing the common task again and again.
One important benefit of establishing a labor division in a company is that employees are encouraged to become more self-sufficient.
Therefore, option A is correct.
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What does the following statement provide an example of: "Mortgage loan applications must satisfy the Federal Housing Authority qualification standards."
User requirement
Nonfunctional requirement
Business rule
Functional requirement
Business requirement
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The following statement "Mortgage loan applications must satisfy the Federal Housing Authority qualification standards." provides an example of a business rule. The correct option is c.
Business rules are specific, standardized guidelines that are necessary to be followed by people or a company while performing tasks or operations, to ensure that all the parties involved are on the same page.
A business rule is a specific rule or guideline that a company or organization creates to ensure that it performs consistently and ethically.
Business rules govern business activities and decision-making processes, serving as a guide for people inside and outside the organization.
Mortgage loan applications must meet the Federal Housing Authority's qualification standards is a business rule that sets out how mortgage loans should be processed.
It specifies the eligibility criteria that must be met by all applicants, and it outlines the procedures that must be followed to ensure that loans are processed in accordance with established standards and regulations.
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do gel and paste toothpaste cost the same to produce?
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yes, gel and paste toothpaste cost the same to manufacture .The only difference is in their appearance.
Manufacturing is the process of creating or producing items with the use of resources such as machinery, manpower, tools, chemicals, or biological formulations. It is the core of the economy's secondary sector. The phrase may be used to describe a variety of human endeavours, from handcraft to high-tech, but it is most frequently used to describe industrial design, which entails the massive transformation of raw materials from the primary sector into completed commodities. Such items may be delivered via the tertiary sector to end users and customers, sold to other manufacturers for the creation of other, more sophisticated products, or both. The discipline of engineering known as "manufacturing engineering" is responsible for planning and enhancing the procedures that turn raw resources into finished goods.
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Decision making in businesses used to be limited to management. Today, lower level employees are responsible for some of these decisions, as information systems make information available to lower levels of the business. Identify the statement that best describes unstructured decisions.
Answers
People often take decisions daily. The statement that best describes unstructured decisions is that Structured decisions are repetitive and routine decisions which are handled procedurally.
Structured decision making is simply referred to as a thoroughly organized analysis of problems so as to make a final decisions that are based mainly on achieving fundamental objectives.
All decision is made up of several primary elements such as management objectives, decision options, knowing beforehand decision outcomes etc.
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Match each type of tax with an example of its use.
Capital gains tax=15% charged on profits from selling commodities.
Sales tax= 8% charged on purchases of luxury goods.
Excise tax=20% tax charged on each pack of cigarettes
Those are the answers I just did the test and got it right
Answers
Answer: That is the correct answer for APΕX Explanation:
The retail cost of a tv is ​% more than its wholesale cost.​ therefore, the retail cost is​ ____ times the wholesale cost.
Answers
The retail cost is 1:15 times the wholesale cost.
To determine the retail cost on the subject of the wholesale cost, we need to keep in mind the share increase. In this situation, the TV's retail price is 15% more than its wholesale fee.
To locate the retail price as more than one of the wholesale fees, we are able to use the subsequent formulation:
Retail Cost = Wholesale Cost + (15% of Wholesale Cost)
Let's anticipate the wholesale cost is represented through 'W'. The 15% boom can be calculated as 0.15 * W. Adding this to the wholesale cost offers us the retail fee:
Retail Cost = W + 0.15W
= 1.15W
Therefore, the retail value is 1.15 instances of the wholesale fee. This way that the retail rate is one hundred 15% of the wholesale rate.
In other phrases, if the wholesale cost is $100, the retail fee could be $115. The additional 15% money owed for the store's margin or every other fee associated with promoting the TV.
This pricing strategy allows businesses to cowl their fees and generate an earnings margin whilst nonetheless lasting competitive within the marketplace.
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The correct question is:
"The retail cost of a TV is 15% more than its wholesale cost. Therefore, the retail cost is ____ times the wholesale cost The retail cost is times the wholesale cost. (Type an integer or a decimal.)"
As an upcoming project manager, you are required to write a short paper on the following topic to be delivered at an upcoming project management conference in Gaborone. Projects managers bave existed time in memorial. However, the work of a contemporary project manager is challenged by many issues. Identify five issues that a contemporary manager is likely to face today while implementing projects as opposed to their counterparts in olden times.
Answers
Contemporary project managers face several challenges that differentiate them from their counterparts in the past. Five key issues they are likely to encounter today include increased complexity, globalization, rapid technological advancements, stakeholder management, and changing market demands.
Contemporary project managers face increased complexity compared to their counterparts in the past.
Projects today often involve multiple stakeholders, intricate supply chains, and interconnected systems, requiring managers to navigate complex organizational structures and dynamic environments.
Globalization is another challenge faced by contemporary project managers. Projects are frequently executed across different geographical locations, involving diverse cultures, regulations, and communication challenges.
Managers must possess the skills to effectively collaborate and manage teams across borders.
Rapid technological advancements present both opportunities and challenges for project managers.
The integration of emerging technologies, such as artificial intelligence, internet of things, and big data, requires managers to adapt to new tools, processes, and methodologies to ensure successful project implementation.
Effective stakeholder management is crucial in contemporary project management.
Project managers must engage and align the expectations of various stakeholders, including clients, team members, sponsors, and communities, to ensure project success and maintain positive relationships.
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1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
Answers
Answer:
the information about the company's income statement is missing, so I looked for a similar question (see attached image):
current contribution margin per unit = $3
current sales volume = 44,000 units
fixed expenses = $46,000
1. What is the revised net operating income if unit sales increase by 12%?
[(44,000 x 1.12) x $3] - $46,000 = $101,8402. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%?
[(44,000 x 1.19) x $1.70] - $46,000 = $43,012
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%?
[(44,000 x 0.93) x $4.30] - $52,000 = $123,9564. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
[(44,000 x 0.87) x $4.60] - $46,000 = $130,088
UULeSIION (1 point) nis question is based on the Stefan-Boltzmann Law Interactive. To access it, click here. The Stefan-Boltzmann law applied to a spherical star allows us to compute the luminosity using the expression L=4πR 2
σT 4
where is the S tefanBoltzmann constant. This Interactive lets you explore the meaning of this law. It presents you with sliders controlling the radius and temperature of star. Using the Stefan-Boltzmann law, we can calculate the luminosity (the total power output) of the star. If you enable the graph, you can see how th intensity of light varies with wavelength (which affects the observed color of the star) as well as how the luminosity varies with temperature and radius. If you enable "Numeric View." you can see the numbers used to compute the luminosity. 1st attempt Using the Stefan-Boltzmann law, compute the luminosity of a star with a radius of 71.00 solar radii, or 4.94×10 10
meters, and a surface temperature of 7300.00 K W
Answers
The luminosity of the star with a radius of 71.00 solar radii and a surface temperature of 7300.00 K is approximately 6.07 × 10⁴⁴ W.
To compute the luminosity of a star using the Stefan-Boltzmann law, we can use the formula L = 4πR²σT⁴, where L is the luminosity, R is the radius of the star, σ is the Stefan-Boltzmann constant, and T is the surface temperature of the star.
The radius of the star as 71.00 solar radii (4.94×10¹⁰ meters) and the surface temperature as 7300.00 K, we get,
L = 4π(4.94×10¹⁰)²σ(7300.00)⁴
Calculating the luminosity using the given values and the Stefan-Boltzmann constant we get,
Stefan-Boltzmann constant (σ) = 5.67 × 10⁻⁸ W/(m²K⁴)
L = 4π(4.94×10¹⁰)² × (5.67 × 10⁻⁸) × (7300.00)⁴
L = 4π(2.44×10²⁰) × (5.67 × 10⁻⁸) × (3.38×10²⁴)⁴
L = 6.07 × 10⁴⁴ W
Therefore, the luminosity of the star with a radius of 71.00 solar radii and a surface temperature of 7300.00 K is approximately 6.07 × 10⁴⁴ W.
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2 A fall in the price of crude oil from $90 per barrel to $80 per barrel leads to an infinite fall in
quantity supplied
Answers
The price elasticity of demand with an infinite decrease in quantity supplied would be infinite.
Infinite elasticity, also known as perfect elasticity, is a scenario in which either the quantity demanded (Qd) or the quantity supplied (Qs) shifts by an infinite amount in response to any price change at all. This is an extreme example of the concept. The supply curve and the demand curve both have a line in both of these scenarios.
An extreme case would be a demand that is perfectly elastic. When we talk about perfect elastic demand, we imply that the quantity required will go all the way to infinity when the price goes down, but it will go all the way down to zero when the price goes up. You can think of perfectly elastic demand as "all or nothing" when consumers are particularly sensitive to changes in price. This is because consumers in this situation will either buy everything or nothing at all.
Your question is incomplete, but most probably your full question was:
A fall in the price of crude oil from $90 per barrel to $80 per barrel leads to an infinite fall in quantity demanded. Calculate the price elasticity of demand?
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What is the interest rate of a 6-year, annual $10,000 annuity with a present value of $40,000? A.11.94 %
B.12.24 % C.12.98 %
D. 13.12 %
Answers
The interest rate of a 6-year, annual $10,000 annuity with a present value of $40,000 is 12.24%. (Option B)
To find the interest rate, we can use the formula for the present value of an annuity:
PV = PMT * [(1 - (1 + i)^-n) / i]
Where PV is the present value, PMT is the annual payment, i is the interest rate, and n is the number of years.
Plugging in the given values:
$40,000 = $10,000 * [(1 - (1 + i)^-6) / i]
Solving for i, we get:
i = 0.1224
Converting to a percentage, we get:
i = 12.24%
Therefore, the interest rate is 12.24%, or answer choice B.
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Owners invest $30,000 cash. 5: Buy machine for $5,000 cash. 10: Buy supplies on account, $980 15: Perform
Answers
Owners invest $30,000 cash on starting their business. On the 5th day, they buy machinery for $5,000 cash. Then, on the 10th day, they purchase supplies on account worth $980. On the 15th day, they perform the services.
When a business starts, owners can invest their cash. In this case, the owners invest $30,000 cash to start their business. After five days, the business buys a machine for $5,000 in cash. Therefore, the business's cash balance will reduce by $5,000, and the value of the machinery will be included in the balance sheet.
Supplies are purchased on account on the 10th day worth $980, which is a liability for the company since it is a payable, and it will be paid in the future. Thus, this amount is not deducted from the cash balance in the cash flow statement. However, it will increase accounts payable, which will be shown in the balance sheet of the company.
On the 15th day, the business performs its services. This is a source of income, which will be shown in the income statement. The income statement includes information on how much revenue the company earned and how much expenditure it incurred during the particular time period.
So, the main answer is that the business owners invested $30,000 cash, bought a machine for $5,000 cash, purchased supplies on account worth $980, and performed their services on the 15th day.
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3. Describe two real or made up situations in the workplace when you would need to use
speaking skills. (1-2 sentences. 2.0 points)
Answers
In order to reduce conflict, speaking skill, is the skill that helps to settle a disagreement or conflict between two parties, or amount group of people.
Why speaking skills is essential in workplace?
No company has stated in his vision or mission, to keep a zero conflict among staff, because it is believed that every workers and staff of the company is disciplined and should focus on why the company has hired him or her.
But on the other hand, conflict among workers in a company has been on increase. Because people differs so their ideology differs too. Conflict may not only be when a worker yells at a co worker, it can also be an argument between workers.
It is difficult to find a company made of more than 10 workers with out conflict among co workers, the conflict could be envy or side talks.
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Assume there are two profit-maximizing digital cable TV companies operating in this market. Further assume that they are not able to collude on the price and quantity of premium digital channel subscriptions to sell. How many premium digital channel cable TV subscriptions will be sold altogether when this market reaches a Nash equilibrium
Answers
When this market finds a Nash equilibrium, 12,000 premium digital channel cable TV subscriptions will be sold total.
The most often used method in game theory to describe the result of a non-cooperative game involving two or more participants is the Nash equilibrium, which carries the name of the mathematician John Nash. Assuming that all players in a Nash equilibrium are aware of one another's equilibrium strategies, changing one's own strategy will not help anyone. In 1838, Cournot introduced the idea of Nash equilibrium for the first time in relation to output choice made by competitive businesses. Each participant in the game has a specific strategy they will employ. The players' current set of strategies will be employed if no one can increase their expected benefit by altering their strategy and the other players keep using their existing one.
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Risk can be thought of as the possibility of incurring??
Answers
Answer:
Risk can be thought of as the possibility of incurring a loss.
Explanation:
Loss.
Read this excerpt describing the mission of the World Bank.
The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. Instead, it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards.
It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes.
According to this excerpt, what is one major way in which the World Bank differs from a regular bank?
The World Bank is a source of financial assistance.
The World Bank aims to improve living standards.
The World Bank provides low-interest loans and credit.
The World Bank serves people of different income levels.
Answers
Answer:
The World Bank is a source of financial assistance.
Explanation:
The World Bank serves people of different income levels but regular banks do that.
The World Bank aims to improve living standards, no because it is more for hep developing countries.
The World Bank provides low-interest loans and credit but there is a better answer.
The World Bank is a source of financial assistance because it help developing countries and has easier loans and credit
The World Bank aims to improve living standards.
What is the role of the World Bank in globalization?The WBG supports developing countries through the development of trade policy to deepen their integration into regional and global economies and increase trade performance while facilitating trade through streamlined border management and more efficient logistics
What are the important global roles that World Bank plays?The World Bank concentrates on long-term investment projects, institution-building, and on social, environmental, and poverty issues. The IMF focuses on the functioning of the international monetary system, and on promoting sound macroeconomic policies as a precondition for sustained economic growth.
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Which of the following data is used to determine credit scores?
Answers
Answer: the length of stay at your current residence
Explanation:
It shows the stability of your household and that your responsible
The Ritz-Carlton hotel in St. Louis has 140 standard rooms. It offers a $110 discount fare targeting leisure travelers and regular fare $200 targeting business travelers. Demand for low fare rooms arrives early and is abundant. The demand for high fare rooms follows a normal distribution with mean 40 and standard deviation 10.
a) What is the optimal booking limit for the low-fare customers?
b) Assume demand for regular-fare rooms is price insensitive (demand stays the same regardless of the regular fare). What value of the regular fare would make a booking limit of 70 optimal
Answers
The optimal booking limit for low-fare customers is 70 rooms. To determine the optimal booking limit for low-fare customers, we need to compare the demand for low-fare rooms with the available capacity.
Since the demand for low-fare rooms is abundant, we can set the booking limit to the maximum capacity available, which is 140 rooms.
b) To find the regular fare that would make a booking limit of 70 optimal, we need to consider price sensitivity. Since demand for regular-fare rooms is assumed to be price insensitive, it means the demand will remain the same regardless of the regular fare. Therefore, the value of the regular fare does not affect the optimal booking limit, and we can still set it to 70 rooms.
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At most small businesses, human resource management activities can best be described as
________.
A) formal and standardized
B) informal and flexible
C) competitive and brief
D) nonexistent
Answers
At most small businesses, human resource management activities can best be described as informal and flexible.
In small businesses, there is usually a smaller workforce, and therefore a less formalized HR structure. The HR activities are often managed by the owner or a few key employees, who handle tasks such as hiring, training, and managing employee benefits in an ad-hoc and flexible manner. This approach allows for more personalized management of employees and a more agile response to changes in the business environment.
At most small businesses, human resource management activities tend to be more informal and flexible compared to larger organizations. This is because small businesses often have fewer employees and less structured processes, allowing for a more adaptable approach to managing their workforce.
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CBA Corp. has grown significantly over the past year. One area that has plagued the controller of CBA is the reconciliation of supplies expense. The end-of-year supplies on hand totaled $20, purchases totaled $500, and supplies on hand at the beginning of the year amounted to $300. How much will CBA report as supplies expense for the current year
Answers
Answer:
the supplies expense for the current year is $780
Explanation:
The computation of the supplies expense is shown below:
= Beginning supplies balance + purchase made - ending supplies balance
= $300 + $500 - $20
= $780
hence, the supplies expense for the current year is $780
The same should be considered and relevant
And the above formula should be applied for the same
QUESTION 4 of 10: Closing costs are: a) Paid by the seller b) Paid by the buyer c) Paid by the agent
Answers
Closing costs are b) Paid by the buyer .
What are closing costs ?Closing expenses are paid at the time of closing and include a variety of costs associated with buying or selling property. This includes an assortment of charges such as appraisals, inspections, attorney fees, title fees, and mortgage-related costs.
In most instances, the purchaser is typically held responsible for paying for the majority of the closing expenses. However, some expenses may be subject to negotiation between the buyer and seller to reach a mutual agreement.
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true or false: if a firm bypasses other suppliers and produces its input internally, it has engage in a spot exchange.
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The statement is False. A state of affairs wherever a firm produces the inputs needed to create its final product. (When a firm shuns alternative suppliers, Associate in Nursing chooses to supply an input internally).
Once a firm shuns alternative suppliers, Associate in Nursing supplies input internally. – Specialization, avoids catching prices, avoids prices of consolidation. – attainable “hold-up drawback.” – Specialization reduces expedience and avoids skimping on specialized investments.
When a firm needs a restricted variety of standardized inputs sold out by several companies within the marketplace, the optimum technique of procurance is spot exchange. One advantage of spot exchange is that they allow companies to specialize.
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the adjustment for underapplied overhead
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Answer: The adjustment for underapplied overhead increases cost of goods sold and decreases net operating income.