Answer:
$22750
Explanation:
Calculation for What is Hofnim's net income for the month of September
Hofnim's NET INCOME
Fees Earned 64,000
Less Miscellaneous Expense (19,700)
Less Rent Expense (5,100)
Less Wages Expense (16,450)
NET INCOME $22,750
Therefore the NET INCOME will be $22,750
List three externalized costs associated with food production (and consumption), and try to identify the third part(ies) likely to pay for each. Which cost on your list concerns you the most
Answer:
1. List of three externalized costs associated with food production and consumption:
a. Social labor costs
b. Public health costs
c. Ecological and environmental costs
2. The third parties likely to pay for each cost:
a. Workers
b. Employers
c. Taxpayers
3. The cost which concerns me most is:
c. Ecological and environmental costs
Explanation:
An external cost occurs refers to the cost (negative effect) upon a third party. These external costs in consuming goods and services are known as negative externalities. They represent the social costs borne by society instead of by the direct consumers of goods or services. For example, when a motorist purchases gasoline at the station, she pays for the fuel. But there is a cost associated with the consumption of fuel which affects society. The cost is not borne by the motorist directly but by third parties, who did not elect to use the gasoline.
Activity-based costing systems: Eliminate multiple-stage cost allocation. Accumulate overhead costs by departments. Have separate overhead rates for each activity. Can be used in manufacturing firms only. Are less complex and therefore less costly than volume-based systems.
Answer:
Eliminate multiple-stage cost allocation. Accumulate overhead costs by departments and Have separate overhead rates for each activity.
Explanation:
Activity-based costing systems are used to allocate indirect costs to Products. This is because indirect costs can not be traced directly to the product being produced or cost center. So, Activity-based costing systems can be used in any industry. The main point in Activity-based costing systems is how to allocate general cost or general expenses to each cost center or product.
Thus, identification of activity costs centers and activity costs drivers to allocate the overheads is costly and takes a lot of time. However these systems eliminate multiple-stage cost allocation. Accumulate overhead costs by departments and have separate overhead rates for each activity.
The city hall of Greensburg will be considered a hybrid building. List two of the building systems that will make up the sustainable portion of this hybrid building.
Answer:
The building systems that will make up the sustainable portion of the city hall of Greensburg as a hybrid building are:
1. Ground source heat pumps
2. Vegetated roof with rooftop photovoltaic (PV) system
Explanation:
The city hall of Greensburg relies on renewable energy sources for all the hybrid building's energy needs. The architectural features of a hybrid building serve the city context and the architectural designs aimed at building sustainable communities. With its ground source heat pumps and vegetated PV roof, the city hall of Greensburg will indeed be considered a hybrid building in the real sense. This project came after the 2007 massive tornado that destroyed the city, and as a result, city and community leaders have demonstrated their commitment to rebuilding the town as a model sustainable rural community.
Answer:
ground source heat pump
what are two nonmarket ways of distributing goods and services
Answer: Rationing and Black Market
Presented below are four segments that have been identified by Marigold Corp.:
Operating
Segments Total Revenue Profit (Loss) Identifiable Assets
A $254500 $30300 $899000
B 599500 (55700) 801500
C 225500 52004 49000
D 90800 4700 226000
For which of the segments would information have to be disclosed in accordance with professional pronouncements.
a. Segments A, B, C, and B
b. Segments A, B, and C
c. Segments A and B
d. Segments A and D
Answer:
Marigold Corp.
The segments to be disclosed in accordance with professional pronouncements are:
a. Segments A, B, C, and D
Explanation:
a) Data and Calculations:
Operating
Segments Total Revenue Profit (Loss) Identifiable Assets
A $254,500 $30,300 $899,000
B 599,500 (55,700) 801,500
C 225,500 52,004 49,000
D 90,800 4,700 226,000
Total $1,170,300 $31,304 $1,975,500
b) According to professional pronouncements and U.S. Generally Accepted Accounting Principles (GAAP), public companies must report a segment if the segment accounts for 10% of total revenues, 10% of total profits, or 10% of total assets. The main purpose for presenting financial information by segments is to provide users of financial statements with information for making more informed economic decisions.
You have decided that you want to attend a costume party as Black Panther. You estimate that it will cost $40 to assemble your costume. After spending $40 on the costume, you realize that the additional pieces you need will cost you $25 more. What is the marginal cost of completing the costume
Answer:
$25
Explanation:
Based on the information given if it was estimated that it will cost the amount of $40 in order to assemble the costume which means that After spending the amount of $40 on the costume and you realize that the additional pieces that you will need will still cost extra amount of $25 , that simply means that the MARGINAL COST of you completing the costume will be the extra amount of $25 .
g Your average total cost is $30; the price you receive for the good is $13. Should you keep on producing the good
Answer:
No yg
Explanation:
just because