The statement is true. Under variable costing, product costs consist of direct materials, direct labor, and variable manufacturing overhead.
Furthermore, variable costing is a costing method that considers variable manufacturing costs as product costs, and fixed manufacturing costs as a period cost that is only deducted from the income statement and doesn't affect the inventory accounts.
Variable costing is a cost accounting system that attributes only the variable manufacturing costs to the products produced during a period. It is a cost accounting system that only considers variable production expenses, not fixed manufacturing costs, when calculating the expense of manufacturing a product. This implies that under variable costing, the cost of producing a unit includes only the variable manufacturing expenses incurred in making that unit.
This makes it possible for the firm to know how much each unit is costing them to produce, which is useful in making pricing decisions. It also helps to provide a clearer picture of the profitability of each product line since the fixed costs are treated as period costs, rather than being allocated to the cost of goods sold.
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A company purchased a new truck at a cost of $42,000 on June 1, 2019. The truck is estimated to have a useful life of 7 years. The company uses the straight-line method of depreciation. So, the annual depreciation expense is $6,000. How much depreciation expense will be recorded for the truck during the first year ended December 31? Select one: a. $6,000. B. $45,000. C. $3,500. D. $3,000.
Answer:
C. $3,500
Explanation:
The formula for a straight-line method of depreciation is provided below:
annual depreciation charge=(cost-salvage value)/useful life
cost of the new truck=$42,000
salvage value=$0
useful life=7 years
depreciation=($42,000-$0)/7=$6,000( same as given in the question)
The truck was used for 7 months in the first year ended, from June 1 2019 to December 31 2019
Depreciation for the first year=$6000*7/12=$3,500
The person in charge of product movement is the ?
Answer:
Distributor I believe
Answer:
Sales Manager :)
Explanation:
5x - 3y = 8
9 + 7y - 126
Answer:
x=7
y=9
Explanation:
:)
what is 450x12 PLZ HELP ME I NEED HELP
Answer:
5400
quick and easy thank u
I need help!
The management of a large hotel in your country is considering ways of increasing room occupancy during the five off-peak months of the year. The hotel has very good leisure facilities, including a spa with heated indoor pool and beauty treatments. It has a very large room that is only used for wedding receptions about 30 times during the year. The hotel's restaurant has a very good reputation for food quality and providing value for money.
Develop a marketing strategy that might be used by the hotel to increase room occupancy during the five off - peak months of the year.
Answer:
For the off-peak months of the year, the best marketing strategy would be a combination of offering lower prices, and an increased spending in advertising.
The lower prices can attract potential customers who are otherwise unwilling to go to the hotel during the off-peak period, and the increased spending in advertising can attract more customer, enlarging the potential customer base, or customer pool.
Martin's Yachts has paid annual dividends of $1.40, $1.75, and $2.10 a share over the past three years, respectively. The company now predicts that it will maintain a constant dividend since its business has leveled off and sales are expected to remain relatively constant. Given the lack of future growth, you will only buy this stock if you can earn at least a 12% rate of return. What is the maximum amount you are willing to pay to buy one share of this stock today
Answer:
$17.50
Explanation:
Price i would be willing to pay = last dividend paid / rate of return
2.10 / 0.12 = $17.50
1 2 3 4 5 6 7 8 9 10 In a command economy, a cotton farm floods after a heavy storm. The repair work most likely will be paid by
In a command economy, the repair work for a flooded cotton farm after a heavy storm would likely be paid for by the government or the central planning authority in charge of the industry.
This is because the government controls all economic decisions and resources in a command economy, including the allocation of funds for disaster relief and repair efforts. The farmers themselves would not be responsible for covering the cost of repairs. In a command economy, when a cotton farm floods after a heavy storm, the repair work most likely will be paid by the government.
In a command economy, the government controls and plans all aspects of economic activity, including the allocation of resources and funding for necessary repairs. In this scenario, the government would assess the damage to the cotton farm and allocate funds for the repair work to restore it to working condition.
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The Martins' household income is $123,000 per year. However, this family estimates that they have $45,000 available to spend on nonessentials such as vacations and entertainment. The $45,000 represents the Martins' _____.
The $45,000 represents the Martins' disposable income.
Disposable income is an economic term that refers to the amount of money that households have left after paying taxes. Disposable income is a critical measure for economic analysis since it offers insights into household spending patterns and economic activity. The disposable income of a household is determined by subtracting mandatory taxes (including payroll, property, sales, and state and local taxes) from household income.
Disposable income refers to the amount of money that remains after paying mandatory taxes. It does not include expenses such as mortgages, rent, utilities, or any other essential expenses, but rather the amount of money that households have left to spend or save as they see fit.
A nonessential spending refers to spending money on goods and services that are not required for survival, such as vacations, movies, entertainment, or eating out. While nonessential spending is not essential, it can help households achieve a better quality of life, increase happiness and well-being, and promote economic growth by driving consumer spending. Therefore, $45,000 represents the Martins' disposable income.
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what is the full meaning of "SWOT"
Answer:
Strengths, Weaknesses, Opportunities, and Threats analysis
Explanation:
Strengths, Weaknesses, Opportunities, and Threats analysis
Prime cost is directly related to production. So, per unit prime cost can be calculated easily. While on the other hand, overhead does not have direct relationship with production. So, to calculate per unit cost, overhead is classified according to functions.” Explain this statement and also summarize all the overheads according to their functional classification.
Basically, a firm's prime cost equals the total direct costs of production which includes the cost of raw materials and labor.
The prime cost equation is {Cost of raw materials + Direct labor}The overhead cost refers to those cost incurred while running a firm but can not be linked to creation of a product or service.
Overhead expenses is the cost remaining after deduction of direct labor, direct materials and direct expenses.
In conclusion, the prime cost and overhead cost are both significant in production of finished goods.
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most four year colleges want an applicants scores for all of the following except
A.class rank
B.IQ
C.GPA
D.standerdized tests
Answer:
I think it is IQ.
I'm not 100% sure
Explanation:
Many financial service firms, IT firms, and health care companies are among the most active when it comes to________, which occurs when value chain activities are taken care of outside the home country of the firm.
Many financial service firms, IT firms, and health care companies are among the most active when it comes to Offshore outsourcing, which occurs when value chain activities are taken care of outside the home country of the firm.
What is Offshore Outsourcing?Offshore outsourcing is an act of hiring an external organization to run some business operation in another country.
Most financial firms, IT firms, and even health care companies are active when it comes to offshore outsourcing. They employ the services of another organization outside the country to run some operations.
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any project teams are made up of team members that never meet face-to-face; they communicate throughout the project using email and sharing computer files. This type of project teamwork is referred to as _________
whether the economy is in a recession is illustrated in the ad/as model by how close the _____________________ is to the potential gdp line.
Answer:
The answer is equilibrium
Explanation:
Whether the economy is in a recession is illustrated in the ad/as model by how close the equilibrium is to the potential gdp line.
a broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. what additional information does the broker need to include?
Since the broker already add the brokerage's name, location, and phone number on the website to advertise the broker's office; then no need for any additional disclosures. The correct answer is option D.
What is a broker?A broker is an individual or firm that acts as an intermediary between a buyer and a seller; or between an investor and a securities exchange, who buys and sells goods or assets for others. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.
There are 3 types of brokers, those are: Online brokers, a new form of digital investment which interacts with the customer on the internet; Discount brokers, a stockbroker who performs buy and sell orders at a reduced commission rate; and Full-service brokers.
Although part of your question is missing, you might be referring to this full question: A broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. What additional information does the broker need to include?
A. Name and address of the home office and the states in which the brokerage holds licenses
B. License number of the brokerage and list of current active licensees
C. Names of active licensees, addresses, and phone numbers
D. No need for any additional disclosures
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A nonprofit organization is trying to convince a mayor to adopt a Citywide recycling program the group includes this sentence and its presentation according to the governmental sources 75% of waste is recycled wool but only 30% is actually recycled which type of hook is it being used A)call to action B)funny story C)question D)statistic
Answer: call to action
Explanation:
The answer to the question is call to action because:
The non-profit organization wants the mayor to adopt a citywide recycling program. The organization wants the mayor to take action against pollution by adopting this program. This is an example of call to action.
Best of Luck!
Answer:
d
Explanation:
Banks play an important role in the United States economy by:
a
insuring depositors against the loss of personal property
b
preventing inflation
c
making loans to businesses
d
advising people when to retire
Banks play an important role in the United States economy by making loans to businesses. Hence, the correct option is c.
What are the roles of banks?A bank is a financial institution that accepts deposit from it customers and pay interest. Banks mainly take care of financial affairs and they are highly important to the economy. Various activities carried out by banks include personal banking, insurance, foreign exchange trading, corporate banking, etc.
The primary role of the banking system is to accept deposits from the general public so that the money can be given as a loan to the public in an effective way to foster the economy. It is the safest platform where people keep their money to get a bonus while people borrow money to continue operating.
Other role of banks are:
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Describe the characteristics of three technology-based business models.
Answer:1. The value is created using digital technologies
2. Digital business models are new to the market
3. Digital customer acquisition and distribution
4. USP is created digitally
Explanation:
Explain and give TWO of your own example how consumers use
simple beliefs and heuristics in forming their cognitive based
attitudes in low effort situations
Attitudes are the predisposition to act in a certain way based on prior experiences, beliefs, and values. They are learned over time and play a critical role in how individuals react and respond to various stimuli. Consumers tend to use their attitudes in low effort situations when they do not have the time or energy to make a thoughtful decision.
One way consumers use attitudes in low effort situations is by relying on brand loyalty. For example, if a consumer needs to purchase a new pair of running shoes quickly and without much thought, they may automatically choose the same brand they have used before because they have a positive attitude towards that brand based on prior experiences.
Another way consumers use attitudes in low effort situations is by using heuristics, or mental shortcuts, to make decisions. For example, if a consumer needs to purchase a bottle of wine for a dinner party, they may choose a bottle with a high price point because they believe that higher-priced wines are of higher quality. This decision is based on the consumer's attitude that price is a signal of quality.
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Which of the following is NOT true about emergency funds?
a,They can keep you from borrowing money from friends and family.
b,They help remove the worry about expenses not in the budget.
c,They are used for anything listed on the budget.
d,They help you prepare for unexpected expenses.
Answer:
The answer is "They are used for anything listed on the budget."
The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.
What is emergency funds?Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.
The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing. It can also help if someone loses their job or if something else happens that they didn't expect.
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Which of the following exists when there are many small businesses selling one standardized product, such as agricultural commodities like wheat, corn, and cotton? 1 Select one: O a. imperfect competition O b. monopoly O c. oligopoly O d. pure competition O e. monopolistic rivalry
Pure competition exists when there are many small businesses selling one standardized product, such as agricultural commodities like wheat, corn, and cotton.
Pure competition refers to a market in which many small businesses sell a standardized commodity. As there are no entry barriers, many small businesses offer the same product, such as agricultural commodities like wheat, corn, and cotton. It is characterized by low entry and exit costs, an absence of collusion, and no barriers to entry.
Each producer is a price taker since they have no control over the price; instead, they have to accept the market price to remain competitive. All producers must adhere to the same government regulations, and all production costs and methods are standardized. The product is identical in terms of quality, design, and utility, and there is no difference in the price.
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I will give the right answer brainliest. Choose the option that best matches the description given.
_____ try to influence legislation and help human services organizations to achieve their goals.
1. Legislative aides
2. Lobbyists
3. Lawyers
Answer:
2. Lobbyists
Explanation:
A lobbyist is any individual or a group of individuals who communicates directly or indirectly with others to influence or attempt to influence the drafting, debate, vote, approval, or introduction of some legislation. In this context, a lobbyist may be a legislator trying to influence fellow legislators or any person who communicates with a legislator to advocate and promote the desires of human services organizations.
Answer:
Lobbyists
Explanation:
A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy
Answer:
C). A revenue-focused bidding strategy.
Explanation:
As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.
anybody wanna be friends
Answer:
Meeeeeeeee
Explanation:
Also I’m bored
Answer:
I'll be ur friend, thx for the free points, stay safe, and have a great day/night!
A triangle has a perimeter of 94. 5 miles. Two of the sides measure 26. 8 miles and 26. 8 miles. What is the length of the third side?
The length of the third side of the triangle is **40.9 miles**.
To find the length of the third side of the triangle, we need to subtract the sum of the two given sides from the perimeter.
Let's calculate the length of the third side:
Third side length = Perimeter - (Length of first side + Length of second side)
Third side length = 94.5 - (26.8 + 26.8)
Third side length = 94.5 - 53.6
Third side length = 40.9 miles
we use the concept of perimeter. The perimeter of a triangle is the sum of the lengths of all its sides. In this case, two sides of the triangle have a length of 26.8 miles each.
We can represent the length of the third side as 'x'. Setting up the equation, we add the known lengths of the sides (26.8 + 26.8) to 'x' and set it equal to the given perimeter of 94.5 miles.
Simplifying the equation, we subtract 53.6 from both sides to isolate 'x'. The result is x = 40.9 miles, indicating that the length of the third side is 40.9 miles.
Therefore, the length of the third side of the triangle is **40.9 miles**.
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what is the npv of the offer if the apporpriate discount rate is 12 percent wha is the npv of the offer if the appropraite discount rate is 22 percent
The NPV of an offer is influenced by the cash flows involved when those cash flows will occur, and the appropriate discount rate that will be applied to reduce those cash flows to their present value. The NPV at a discount rate of 12% or 22% cannot be calculated without this information.
A financial metric known as net present value is used to assess the present value of future cash flows after taking the time value of money into the account (NPV). In a nutshell, it assesses the present value of anticipated cash inflows and outflows from an investment, project, or business opportunity. The initial cost of the investment is subtracted before future cash flows are discounted back to their present value to determine the NPV.
We would need to be aware of the anticipated cash flows from the opportunity or investment, their timing, and the proper discount rate that takes the risk of the investment into account in order to compute the NPV of an offer. We cannot determine the NPV in this scenario using a discount rate of 12% or 22% since we lack any knowledge about the cash flows, timing, or risk.
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What are the benefits temporary employment offer employers?
1. They usually don't have to pay for thr insurance of the worker.
2. They can generally sack the worker out when there is no work.
3. The workers don't generally get pensions.
What is a best practice to follow when sending instant messages at work?
A.
Message your coworkers whenever it’s convenient for you.
B.
Whenever possible, use abbreviations to save time.
C.
Use instant messages for personal conversations, such as making dinner plans.
D.
Keep your messages brief and work-related because the recipients may be busy.
If I'm correct, the answer should be D.
It's the most likely answer.
Inside Rails' is an organisation with 15,000 employees scattered all over Ghana in their seven branches. To provide for future manpower needs of the enterprise, in terms of sales, number, age, i.e., to provide the right number of employees with the right talents and skills at the right time to perform right activities the set objectives and to fulfil the corporate purpose, manpower needs used to be calculated initially at the corporate office itself.
For the post of Chief Draftsman in the graded pay structure of GHȻ 2000 -3200 plus taking into consideration the needs of the entire organisation with its various branches the manpower needs were to be assessed. While assessing the manpower needs the following information are generally collected:
(1)Details of previous selections
(2) The availability of manpower on hand
(3) Actual sanctions
(4) Present holdings
(5) Vacancies
(6) Anticipated vacancies for the next one year - (a) due to normal wastage, (b) due to diversification, and (c) due to unforeseen circumstances.
(7) Surplus if any anticipated from other divisions of the organisation; and
(8) Any other special consideration. An addition of 20 per cent over the net vacancies arrived at is generally made, to arrive at the total requirements. While working out the requirements for this category which is at the highest supervisory level and is the feeder category for managerial promotions, the anticipated vacancies on account of expected promotions are also taken. 20 per cent of the total vacancies arrived at are filled up by open market recruitment with graduate engineers while 80 per cent is by promotion of diploma holders. Those who are recruited directly from open market are given training for one year and then only posted to the working posts.
Though they are called trainees, they are counted against working posts since their processed requirement profile for the years 2000 and 2001 with the following information collected from various sources. The following particulars were available:
(1) Number available on hand for promotion --- 13
(2) Number of posts on hand --- 22
(3) Number on rolls --- 20
(4) Anticipated requirements to be filled on account of retirement, wastages, etc --- 6
(5) Total requirement --- 7
Action was initiated and the process was carried through, till the time of fixing a date for selection and interviews. It was, however, seen one day prior to the date of interview, by the Chief of Personnel when someone who had come to interview paid a courtesy call on the Chief and when he called for the papers since he did not know about the selection, that the actual requirements would get considerable reduced. It was also seen that if the process was carried through and if seven persons were selected this would create problems and discontentment amongst the staff since atleast the last few out of the seven would not fit in. The Chief of Personnel was perplexed.
Questions
1. How and why has this situation arisen?
2. Was there anything wrong in the system?
3. Suggest an improvement
4. How would you solve the situation? By canceling the entire procedure so far completed and start afresh the manpower planning to see the needs or make adjustment now, or by going through the process and face the situation of excess when it arises? Elaborate on your suggested answer.
1. The situation has arisen due to a lack of proper communication and coordination within the organization. The manpower needs were assessed initially at the corporate office, but the actual requirements were not updated before the selection process began. This led to an overestimation of the manpower needs, causing problems and discontentment amongst the staff.
2. Yes, there was something wrong in the system. The organization did not have an updated and accurate assessment of their manpower needs. There was also a lack of communication and coordination between different departments, leading to an inefficient selection process.
3. An improvement would be to establish a system for regular and updated assessments of manpower needs. This system should involve all departments and branches of the organization to ensure accuracy and consistency. There should also be better communication and coordination between departments to avoid inefficiencies and errors in the selection process.
4. The best solution would be to cancel the entire procedure so far completed and start afresh with an updated and accurate assessment of manpower needs. It is important to have the right number of employees with the right talents and skills at the right time to fulfill the corporate purpose and achieve the set objectives. Going through the process and facing the situation of excess when it arises could lead to further problems and discontentment amongst the staff. Starting afresh with an updated assessment would ensure that the organization has the right number of employees with the right talents and skills to achieve their goals efficiently and effectively.
Which of the following describes a benefit enjoyed by investors in mutual funds?
a. Investors buy an ownership interest in many different companies
b. Guaranteed dividend payments are received annually.
c. Investment risk is eliminated
d. Investors exercise managerial authority in many different companies.
The correct answer is:
a. Investors buy an ownership interest in many different companies
Investors in mutual funds enjoy the benefit of buying an ownership interest in many different companies. Mutual funds pool money from multiple investors to invest in a diversified portfolio of securities, which can include stocks, bonds, or other assets. By investing in a mutual fund, individuals gain exposure to a wide range of companies and industries, providing them with diversification and spreading the investment risk. This allows investors to benefit from the potential returns and performance of multiple companies, rather than relying on the performance of a single investment.
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