Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 43,000 units next year and Product L is expected to sell 8,600 units. A unit of either product requires 0.5 direct labor-hours. The company's total manufacturing overhead for the year is expected to be $2,193,000.
Required:
The company currently applies manufacturing overhead to products using direct labor-hours as the allocation base. If this method is followed, how much overhead cost per unit would be applied to each product?
Answers
Answer:
Results are below.
Explanation:
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Total direct labor hours= (43,000 + 8,600)*0.5= 25,800
Predetermined manufacturing overhead rate= 2,193,000 / 25,800
Predetermined manufacturing overhead rate= $85 per direct labor hour
Now, we can allocate overhead to each product:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Product H:
Allocated MOH= 85*(43,000*0.5)
Allocated MOH= $1,827,500
Unitary overhead= 1,827,500 / 43,000= $42.5
Product L:
Allocated MOH= 85*(8,600*0.5)
Allocated MOH= $365,500
Unitary overhead= 365,500 / 8,600= $42.5
Related Questions
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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explain Distribution and also explain the channel of Distribution
Answers
Answer:
A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer. Distribution channels can include wholesalers, retailers, distributors, and even the Internet.
What is a step you can take toward committing to a career path?
Answers
Answer: Identify a career that suits your interests and that you can perceive as something you would do for the rest of your life.
Explanation:
To advance in a professional career it is necessary that the field in which the person wants to practice has been identified. The person needs to know what they want to do and once they know they will stay focused and work to scale in that area.
As the person gains more experience, they will be able to move forward but the important thing is that they are doing something that not only can give them an economic benefit, but also that they like and this helps to increase the commitment.
reasons why managers may be reluctant to participate fully in setting budgets??
Answers
Answer:
Some managers are reluctant to participate in budgeting because they do not like to discuss financial matters. They may also feel like developing a budget stops flexibility.
Managers may be reluctant to fully participate in setting budgets due to several reasons. First, they may fear that by actively participating, they will be held accountable for meeting the budget targets, leading to increased pressure and scrutiny.
Second, managers may have limited knowledge or experience in financial matters, making them hesitant to engage in budgeting discussions. Third, they may perceive budgeting as a time-consuming process that distracts them from their primary responsibilities.
Additionally, managers might have concerns that their departmental needs and priorities will not be adequately considered, resulting in inadequate resource allocation. Overall, these factors can contribute to their reluctance to actively engage in the budgeting process.
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I have $10,967.74 in a brokerage account, and plan to deposit an additional $6,000.00 at the end of every future year until my account totals $270,000 and I expect to earn 13% annually on the account. How many years will it take
Answers
Note that with respect to the deposite, it will take approximately 8.19 years for the account to reach $270,000.
How is this so?To determine how many years it will take for the account to reach $270,000,we can use the future value of an annuity formula.
The formula is -
FV = P x [(1 + r)ⁿ⁻¹] / r
Where -
FV = Future value ($270,000)
P = Annual deposit ($6,000)
r = Interest rate per period (13% or 0.13)
n = Number of periods (number of years)
We need to solve for n, so we can rearrange the formula as -
n = log((FV x r / P) + 1) / log(1 + r)
Plugging in the values -
n = log((270000 x 0.13 / 6000) + 1) / log(1 + 0.13)
Using a calculator, we find that n is approximately 8.19.
thus, it is corect to state that, it will take approximately 8.19 years for the account to reach $270,000.
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Brainstorm the ways in which GARP can impact on the management and success of a sports organisation by explaining it first and then identifying the roles and functions which it should play within the sports organisation
Answers
Answer:
GARP, which stands for Governance, Accountability, Risk Management, and Performance, encompasses key principles and practices that can greatly impact the management and success of a sports organization. Here are the ways in which GARP can influence and the roles and functions it should play within a sports organization:
1. Governance:
- GARP emphasizes the importance of having effective governance structures and processes in place within the sports organization.
- It involves establishing clear lines of authority, decision-making frameworks, and transparent communication channels.
- GARP ensures that the organization has a well-defined governance structure, including a board of directors or management committee responsible for setting strategic direction, overseeing operations, and ensuring compliance with regulations.
- The role of GARP in governance is to provide guidance on ethical conduct, promote transparency, and ensure accountability at all levels of the organization.
2. Accountability:
- GARP emphasizes the need for accountability within a sports organization, holding individuals and teams responsible for their actions and decisions.
- It involves implementing systems and processes to track performance, measure results, and report on progress.
- GARP ensures that the organization sets clear goals and objectives, establishes key performance indicators (KPIs), and holds individuals accountable for achieving them.
- The role of GARP in accountability is to provide frameworks for performance measurement, establish reporting mechanisms, and foster a culture of responsibility and ownership within the organization.
3. Risk Management:
- GARP highlights the importance of identifying and managing risks that can impact the sports organization's operations, reputation, and financial stability.
- It involves assessing potential risks, developing mitigation strategies, and implementing controls to minimize the likelihood and impact of adverse events.
- GARP ensures that the organization has a robust risk management framework in place, including policies, procedures, and monitoring mechanisms.
- The role of GARP in risk management is to provide guidance on risk identification, analysis, and mitigation, as well as ensuring compliance with legal and regulatory requirements.
4. Performance:
- GARP emphasizes the need for measuring and improving performance within a sports organization to achieve strategic objectives.
- It involves setting performance targets, regularly evaluating progress, and implementing strategies to enhance performance.
- GARP ensures that the organization establishes performance metrics aligned with its mission and strategic goals.
- The role of GARP in performance management is to provide frameworks for performance evaluation, facilitate continuous improvement, and align individual and team efforts with organizational objectives.
Overall, GARP plays a crucial role in shaping the management and success of a sports organization by establishing effective governance structures, promoting accountability, managing risks, and driving performance. It provides guidance and frameworks to ensure that the organization operates ethically, transparently, and efficiently, ultimately contributing to its long-term sustainability and achievements.
How does a low credit score affect a person who applies for a loan?
A. It makes banks more likely to give the person a large, long-term
loan.
B. It causes banks to charge the person higher interest rates on the
loan.
OC. It makes it easier for the person to get a loan with a poor debt-to-
income ratio.
D. It allows banks to give the person a loan without checking his or
her tax records,
Answers
A person who requests for a loan and has a low credit score will be subjected to higher interest rates from banks. As a result, choice (B) is accurate.
Between 300 and 550 is regarded as a low credit score. You must make significant efforts to raise your credit score if it is in this area. You will not be qualified to apply for a loan or a credit card if you have a low credit score.
Whether it's a car loan, mortgage, or credit card account, borrowing can be more difficult if you have a poor score interest rates. And even if you are approved, your high risk of default means that you will probably have to pay higher interest rates.
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How should you respond to an interviewer during an interview?
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Answer:
you must always remain professional, speak properly and wear proper attire. Respond clearly and politely. it is also important to always keep composure. once your interview has started you will begin to develop a feel of how you should act by mirroring the interviewer.
When you are doing an interview, you will respond by making eye contact and greeting the interviewer with a solid handshake.
Tell the truth as positively as possible, and avoid discussing things or situations in a bad light. Longer responses are less effective than shorter ones and tend to make interviewers suspicious.
The interview greeting is critical to your success since it gives the interviewer a favorable first impression.
Therefore, it is critical, as in many cultures, to respond appropriately to the welcome.
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Nearly all companies have product mixes, even if they only offer a single product.
False
True
Answers
Answer:
False
Explanation:
By saying, "even if they only offer a single product" contradicts the definition of product mix. Remember, the term product mix is used to refer to the entire set of products or services a company offers. Meaning, a company offering just a single product has no set of products; and thus no product mixes.
Hence, the statement is false as it does not go together with the facts.
Under the WTO agreement:_________
a. tariffs are permitted to be levied by developed countries against developing countries but not against each other
b. a dispute resolution mechanism allows countries to bring grievances to the WTO against countries that levy inappropriate trade discrimination measures
c. there is no dispute resolution mechanism except for trade involving environmental products
d. countries are allowed to place trade barriers on member countries with no particular justification, because like GATT the WTO has no enforcement mechanism
Answers
Answer:
Under the WTO agreement:_________
b. a dispute resolution mechanism allows countries to bring grievances to the WTO against countries that levy inappropriate trade discrimination measures.
Explanation:
The WTO (World Trade Organization) Agreement is an international legal framework covering about 63 agreements affecting trade in goods, services, intellectual property, standards, investment, and other issues with some impacts on world trade. The legal framework is a system of rules that supports open, fair, and undistorted trade competition, allowing tariffs and some protections.
The adjusted trial balance is prepared after financial statements are prepared. after adjusting entries have been journalized and posted. before the trial balance. to prove the equality of total assets and total liabilities.
Answers
Answer: after adjusting entries have been journalized and posted.
Explanation:
On the lines below, write an introductory paragraph about your topic of choice. Include a thesis statement, an introduction to at least three main points or arguments, a summary statement, and a transition statement. Make sure your work is well polished, neatly written, and free of grammar and spelling errors. If possible, create a rough draft first, edit your work, and then transfer the final introduction below.
Answers
Exercise business has several advantages for both physical and mental health, making it an essential part of a healthy lifestyle. Frequent physical activity can lower the chance of developing chronic diseases,
What makes exercise beneficial for business?According to several studies, working out while at work may also improve output. Visiting the gym throughout work hours increased productivity, time management, and job satisfaction, according to a Leeds City University research.
How lucrative is a little gym?A profitable gym can be one that attracts a diverse group of members and runs smoothly. A gym having 1,000 members who each pay $50 a month, for instance, could make $50,000 a month in revenue. The gym would make $30,000 per month if its monthly expenses were $20,000 and its monthly profit was $30,000.
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1.Why is knowledge of consumer behavior important to the marketer?
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The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
Does a depression always follow a recession?
Yes, the trough is always considered a depression.
No, a depression is indicated when the recession is exceptionally long.
Yes, for recovery to occur, the trough must be reached.
No, the economy could decline quickly and bypass recession.
Answers
Answer: No, a depression is indicated when the recession is exceptionally long.
Explanation:
Explain I don’t know js copied
If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent
Answers
Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.
To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.
This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.
To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.
2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)
Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]
Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)
Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)
Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n
Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)
Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)
We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.
Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.
Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent
Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent
Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent
Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent
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solve this challenge delay in payment of contribution by employee, by going through these steps, identify the problem, identify the alternative solution, evaluate alternative solution, select the best Alternative, implementation and follow up .in Zanzibar social security fund
Answers
To address the issue of delayed payment of contributions by employees to the Zanzibar Social Security Fund, it is crucial to follow a systematic approach.
How can the problem of delayed payment of contributions be addressed?Firstly, the problem needs to be identified which is the delay in payment of contributions by employees. This delay will result in financial instability for the fund and may hinder its ability to provide social security benefits to its members in a timely manner.
The alternative solution to this problem could be implementing stricter enforcement measures and penalties for late payments. By imposing significant fines or penalties for delayed contributions, employees would be incentivized to make timely payments to the fund.
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Are the following statements true or false?
(a) Perfect competition has an identical good.
(b) A monopolistically competitive firm makes zero economic profit in the long run.
(c) The defining feature of oligopoly is a large number of firms.
(d) A natural monopoly arises because of the existence of economies of scale.
Answers
(a) The given statement, "Perfect competition has an identical good" is true.
(b) The given statement, "A monopolistically competitive firm makes zero economic profit in the long run" is false.
(c) The given statement, "The defining feature of oligopoly is a large number of firms" is false.
(d) The given statement, "The defining feature of oligopoly is a large number of firms" is true.
(a) In perfect competition, all firms produce identical goods, which means that consumers cannot differentiate between them based on the product. Therefore, firms have to compete based on price and quality of their product.
(b) In monopolistic competition, firms can earn economic profit in the short run but may not be able to sustain it in the long run. This is because other firms can enter the market and offer similar products, which reduces the demand for the original firm's product and lowers its price, eventually resulting in zero economic profit.
(c) The defining feature of oligopoly is a small number of large firms that dominate the market. These firms have significant market power and can influence the market's price and quantity. Oligopolies can lead to collusion between firms, creating barriers to entry and limiting competition.
(d) A natural monopoly arises when a single firm can produce the entire output of the market at a lower cost than any combination of two or more smaller firms. This is due to economies of scale, where the average cost of producing a good decreases as the quantity produced increases.
Therefore, it is more efficient to have one firm producing the entire output rather than multiple smaller firms. However, natural monopolies can lead to market failure, and regulation may be necessary to prevent abuse of market power.
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TREMAINE:
Wants a one-bedroom townhouse in a trendy new development downtown; the average cost is $145,000
Is preapproved for a 4.38% interest rate on a 30-year fixed mortgage
Has saved $15,000 for a down payment
If Tremaine waited until he had $30,000 saved for a down payment, how much money did he save by paying an extra $15,000 upfront? (total cost of home)
Answers
The amount of money he will save by paying an extra $15,000 upfront is $11,974.80.
Loan = Cost - Down payment
Loan = $145,000 - $15,000
Loan = $130,000
Given Information
P/Y= 12, C/Y=12
N= 30*12= 360
I/Y = 4.38
PV= -130,000
Monthly payment = PMT(C/Y, N, I/Y, -PV)
Monthly payment = $649.45
Total interest over the whole term = Monthly payments * Number of payments - Loan
Total interest over the whole term = $649.45*360 - $130000
Total interest over the whole term = $103,802
If waited to have down payment of $30,000: The Loan= $145,000 - $30,000 = $115,000
Given information
N= 30*12= 360
I/Y = 4.38
PV= -115,000
Monthly payment = PMT (N, I/Y, -PV)
Monthly payment = $574.51
Total interest over the course of the mortgage = $574.52*360 - $115,000
Total interest over the course of the mortgage = $91,827.20
Money saved by paying extra $15,000 upfront = $103,802 - $91,827.20
Money saved by paying extra $15,000 upfront = $11,974.80
Therefore, the amount of money he will save by paying an extra $15,000 upfront is $11,974.80.
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Answer:
$11,953
Explanation:
how you been issued or are currently eligible for a form 1-551 permeanent resident card, also known as a green card by the u.s. citizenship and immigration services uscis?
Answers
The official name of your permanent residence card is Form I-551 (aka green card). Find out more about it and typical inquiries.
What does the green card I551 card number on the permanent residency card mean?Your green card number is a 13-digit number that is printed on a permanent residence card and is also referred to as the receipt number. It also goes by the name "case number" because it identifies your particular immigration case. It may even be referred to as an I-551 receipt number in some circumstances.
What document, such as a PRC or I-551, serves as proof of your immigration status?A green card is applied for using Form I-551. It serves as evidence of a foreign national's eligibility for permanent residence and employment in the United States. If you If you look closely, the current green card's backside has "I-551" printed in the upper left corner.
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as a result of the stock market crash, some banks suffered more losses than they could absorb and
Answers
The country's banks suffered severe harm from the market crash in two ways. Because the losses they experienced during the crash were too severe for them to handle, some banks were forced to close.
What is the Stock market crash?A stock market crash occurs when stock prices suddenly and dramatically fall over a broad segment of the stock market, leading to a sizable loss of paper wealth.
Selling in a panic and underlying economic issues are what cause crashes. They frequently follow speculative bubbles and the economy.
In a positive feedback loop where selling by certain market participants encourages more market players to sell, a stock market crash is a social phenomenon where external economic factors interact with crowd psychology.
The market collapse badly damaged the banks of the country in two ways. Some banks were forced to close because the losses they sustained during the crash were too great for them to bear.
Therefore, the country's banks suffered severe harm from the market crash in two ways. Because the losses they experienced during the crash were too severe for them to handle, some banks were forced to close.
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Ward Doering Auto Sales is considering offering a special service contract that will cover the total cost of any service work required on leased vehicles. From experience, the company manager estimates that yearly service costs are approximately normally distributed, with a mean of $150 and a standard deviation of $25.
a. If the company offers the service contract to customers for a yearly charge of $200, what is the probability that any one customer’s service costs will exceed the contract price of $200?
b. What is Ward’s expected profit per service contract?
Answers
Answer:
a. The probability that any one customers service costs will exceed the contract price of $200 is 0.0228
b. Warda expected profit per service contract is $50
Explanation:
a. In order to calculate the probability that any one customers service costs will exceed the contract price of $200 we would have to calculate first the z value as follows:
z=x-μ/σ
z=$200-$150/$25
z=2
Therefore, probability that any one customers service costs will exceed the contract price of $200 is p(x>$200)=p(z>2)
=1-p(z≤2)
=1-0.9772
=0.0228
The probability that any one customers service costs will exceed the contract price of $200 is 0.0228
b. To calculate Warda expected profit per service contract we would have to make the following calculation:
Warda expected profit per service contract=service charge per contract-expected cost
Warda expected profit per service contract=$200-$150
Warda expected profit per service contract=$50
Warda expected profit per service contract is $50
Compared to the recommended percentages that should be allocated to transportation, 18% is _____.
A.too low
B.in the middle
C.the max
D.too high
Answers
Compared to the recommended percentages that should be allocated to transportation, 18% is too low. The correct option is A.
What is allocation in work?Allocation targets are logical groupings of users or work queues that can be assigned tasks and notifications. This enables the workflow administrator to assign tasks and notifications to a diverse group of users within the organization.
The freight expenditure incurred by the consumer to have purchased goods delivered is known as transportation-in. Costs such as freight insurance and customs duties can be included in this category.
Thus, the ideal selection is option A.
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Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with
an apprenticeship in the student's chosen trade to provide hands-on training.
How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
O It leads to less hands-on training and less difficulty finding a job.
O It creates less debt from tuition and the ability to enter the workforce sooner.
O It leads to more hands-on training and more difficulty finding a job.
O It creates more debt from tuition, and trade school takes longer to complete.
Answers
Going to a trade school rather than a university can positively affect the long-term financial goals of an individual by Option B. It creates less debt from tuition and the ability to enter the workforce sooner.
One of the primary advantages of choosing a trade school is the lower cost of tuition compared to a traditional university. Trade schools typically have lower tuition fees, making them more affordable for many students. This translates to less debt burden, allowing individuals to start their careers with a smaller financial obligation.
Additionally, trade school programs are typically shorter in duration, typically taking two years to complete. This means that students can enter the workforce and start earning sooner compared to the longer duration of university programs. By gaining early entry into the workforce, individuals have the opportunity to start earning and saving money earlier, contributing to their long-term financial goals.
Furthermore, trade school programs often emphasize hands-on training and practical skills development. This prepares students directly for their chosen trade and enhances their employability. They gain specific, job-related skills that are in demand, which can make it easier for them to find employment in their field upon completion of the program.
In contrast, attending a university often involves higher tuition costs, longer program durations, and a broader education rather than a focused trade-specific curriculum. While universities provide valuable knowledge and opportunities for certain careers, trade schools offer a more cost-effective and streamlined path for individuals seeking hands-on training and immediate entry into the workforce. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with an apprenticeship in the student's chosen trade to provide hands-on training. How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
A. It leads to less hands-on training and less difficulty finding a job.
B. It creates less debt from tuition and the ability to enter the workforce sooner.
C. It leads to more hands-on training and more difficulty finding a job.
D. It creates more debt from tuition, and trade school takes longer to complete.
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Suppose in , the cost of a market basket of goods was $. In , the cost of the same market basket of goods was $. Calculate the price index for , using the price index formula, assume is the base year. nothing (Enter your response as an index number rounded to one decimal place.)
Answers
Answer: 106.6
Explanation:
Price Index = (Market Price of basket in Current Year / Market price of basket in Base Year ) * 100
Price Index 2020 = (2,146/2,014) * 100
= 106.6 (1 d.p)
Macroeconomic is the branch of economics that focuses on ?
Answers
Answer:
economic principles affecting entire countries
Explanation:
What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?
It shows that the owner expects financial risk and is eliminating it by making an insurance company liable.
It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
It shows that the owner is willing to share ownership of the business to reduce financial risk.
It shows that the owner is willing to budget for short-term financial risks to avoid long-term risks.
Answers
Answer:
B. It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company
Explanation:
I just got a 100% on the unit test review with this question in there. I know it's late but hopefully can help some other students out in the future. :)
The purchasing insurance for a business toward financial risk shows : That the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
What is insurance?Insurance is a means that protect one against financial loss. It is a risk management form which is used to guard against unplanned risk or unforeseen circumstances.
This implies that Insurers can make use of subscription business model, collecting premium payments periodically in return for compounding benefits offered to policyholders.
The above shows that the policy holder acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
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There is an inverse relationship between followers and engagement -- surprisingly, the more followers, the LESS engagement with posts. Why do you think non-celebrities are able to influence buying behavior?
Answers
This is because the followers are aware of the celebrity and their motivations, thus their purchasing decisions aren't as affected by consumer behaviour.
What is consumer behaviour?The activities and choices that consumers make when using or purchasing things are referred to as consumer behaviour in marketing. Consumer behaviour towards a product encompasses all aspects, from the original choice to acquire it through how they use it and whether they decide to make additional purchases of it in the future or not. Consumer behaviour can be divided into four categories: routine purchases, variety-seeking purchases, purchases made to avoid dissonance, and sophisticated purchases. The sort of goods a consumer needs, their level of involvement, and the variations between companies all influence the forms of consumer behaviour they exhibit.
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Part 1 of 4
Which of the following is an example of a firm's resources?
5
points
Multiple Choice
eBook
PepsiCo's Super Bowl commercials
Print
References
Apple's iPhone manufacturing facility
Amazon's acquisition of Whole Foods
Boeing's supply chain for the 787 Dreamliner aircraft
Deloitte's human resource management procedures
Answers
Answer:
Apple's iPhone manufacturing facility
Explanation:
A firm's resources comprise the tangible and non-tangible valuable items it uses in the production process. They include assets, employees, skills, patents, and technology used to manufacture goods and services. In most cases, resources require money to obtain.
Apple's iPhone manufacturing facility is a resource for the Apple company. The resource is used in the production of apple phone services meant for sale. The manufacturing facility is an asset of the company. It is required money to establish it.
which of the following is a major disadvantage to using import barriers to make domestic (american) goods cheaper?
Answers
Generally speaking, import barriers like tariffs or quotas can raise the price of imported items, making domestically produced goods relatively more affordable.
Which of the following best depicts a situation in which the US imports more goods and services than it exports?When a nation's imports surpass its exports during a specific time frame, a trade deficit results.It is often referred to as a poor trade balance (BOT). Transactions involving goods and services, goods and products, and products (often referred to as "merchandise") can be used to calculate the balance.
What is the term for the foreign trade situation where a country's imports surpass its exports?For the trade balance to be positive and the country to have a trade surplus, exports must exceed imports.
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(100 POINTS!!!) LuAnn is a very specific type of photographer. The images that she captures have several prominent characteristics such as representing culture as it is lived rather than mythologized, respectful portraits of members of the community to show their stature, and documenting tribal customs and ceremonies for future generations. What type of photography does LuAnn most likely practice?
A. fashion photography
B. nature photography
C. sports photography
D. indigenous photography
Answers
LuAnn most likely practices indigenous photography. Indigenous photography refers to photographs taken by and for indigenous communities that depict the culture, customs, and traditions of those communities. The characteristics of the images LuAnn captures, such as representing culture as it is lived, respectful portraits, and documenting tribal customs and ceremonies, are typical of indigenous photography. The goal of this type of photography is often to give voice and visibility to indigenous communities, as well as to preserve their cultural heritage for future generations.