Answer:
General Journal
June 1
Cash $11,500 (debit)
Common Stock $11,500 (credit)
Received Cash in exchange of common stock
June 2
Furniture $4,500 (debit)
Accounts Payable $4,500 (credit)
Purchased Furniture on credit
June 3
Prepaid Insurance $700 (debit)
Cash $700 (credit)
Paid Insurance in advance
June 4
Accounts Receivable $3,500 (debit)
Fees Earned $3,500 (credit)
Fees earned not yet paid
June 12
Accounts Payable $4,500 (debit)
Cash $4,500 (credit)
Payment made to suppliers
June 20
Cash $3,500 (debit)
Accounts Receivable $3,500 (credit)
Cash receipt from debtors
June 21
Cash $10,500 (debit)
Common Stock $10,500 (credit)
Received Cash In exchange of Common Stock
June 30
Cash $5,500 (debit)
Deferred Revenue $5,500 (credit)
Received Cash for services to be rendered
Explanation:
See the journals and their narrations prepared above.
Answer:
Entries are posted
Explanation:
We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.
DEBIT CREDIT
1-June (Common Stock issued)
Cash $11,500
Common stock $11,500
2-June (Furniture purchased on Credit)
Furniture $4,500
Accounts Payable $4,500
3-June (Prepaid Insurance Paid)
Prepaid insurance $700
Cash $700
4-June (Revenue earned)
Accounts Receivable $3,500
Service Revenue $3,500
12-June (Paid for Outstanding balance in payables)
Accounts Payable $4,500
Cash $4,500
20-June (Received from Accounts Receivables)
Cash $3,500
Accounts Receivables $3,500
21-June (Common Stock issued)
Cash $10,500
Common stock $10,500
30-June (Advance received for services to be performed in future)
Cash $5,500
Unearned Service Revenue $5,500
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Which of the following best describes the main difference between B2B and B2C transactions? B2B transactions involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers. B2B transactions focus on financial transactions while B2C e-commerce focuses on the sale of manufactured goods. B2B transactions refer to business between nonprofit organizations while B2C e-commerce is carried out by business firms seeking to earn a profit. B2B transactions involve sales in foreign markets while B2C e-commerce is restricted to domestic markets.
Answer: B2B transactions involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers.
Explanation:
Business-to-business transactions are simply regarded as the transactions that takes place between one business and another business. This can occur when the business is looking for inputs for its production process.
Business-to-consumer transactions simply regarded as the transactions that takes place between a business and the customers. This occurs when a business sells its goods or services to the customers directly without the goods passing through the middlemen.
The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $880,000, and it would cost another $19,500 to install it. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $463,000. The MACRS rates for the first three years are 0.3333, 0.4445, and 0.1481. The machine would require an increase in net working capital (inventory) of $14,500. The sprayer would not change revenues, but it is expected to save the firm $330,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 25%. A. What is the Year 0 net cash flow?
B. What are the net operating cash flows in Years 1, 2, and 3?
C. What is the additional Year-3 cash flow (i.e., the after-tax salvage and the return of working capital)?
D. Based on your IRR analysis, if the projectâs cost of capital is 12%, should the machine be purchased?.
Answer:
A. -1118000 B. Y1=375612Y2=418521Y3= 304148 C. 803657 D. 26%
Explanation:
Managerial Finance.
A.) 0 Year Net Cash Flow = -1080000-22500-15500= -1118000
B.) Y1=375612
Y2=418521
Y3= 304148
C.) 60500 + (605000-81695) * (.35) + 15500 = 803657
D.) IRR put the value of Net Present Value (NPV) as 0
NPV= -1118000 +375612/(1+r)^1 + 418521/ (1+r)^2 + (304148) + 803657) / (1+r) ^ 3
we get 25.87 or 26%
Yes.
The CEO of Harding Media Inc. as asked you to help estimate its cost of common equity. You have obtained the following data: D 0 = $0.85; P0 = $22.00; and dividend growth rate = 6.00% (constant). The CEO thinks, however, that the stock price is temporarily depressed, and that it will soon rise to $40.00. Based on the dividend growth model, by how much would the cost of common from reinvested earnings change if the stock price changes as the CEO expects? a. −1.49% b. −2.03% c. −1.84% d. −2.23% e. −1.66%
Answer:
c. −1.84%
Explanation:
the dividend growth model:
P₀ = Div₁ / (Re - g)
currently
P₀ = 22Div₁ = 0.85 x 1.06 = 0.901g = 0.0622 = 0.901 / (Re - 0.06)
Re - 0.06 = 0.901 / 22 = 0.041
Re = 0.041 + 0.06 = 0.1009 = 10.09%
if stock price increases to $40, then
40 = 0.901 / (Re - 0.06)
Re - 0.06 = 0.901 / 40 = 0.0225
Re = 0.0225 + 0.06 = 0.0825 = 8.25%
decrease in Re = 8.25% - 10.09% = -1.84%
Exercise 6-8 Petty cash fund with a shortage LO P2 Waupaca Company establishes a $330 petty cash fund on September 9. On September 30, the fund shows $46 in cash along with receipts for the following expenditures: transportation-in, $52; postage expenses, $71; and miscellaneous expenses, $147. The petty cashier could not account for a $14 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $385.
Answer:
September 29, 202x, petty cash fund established
Dr Petty cash fund 330
Cr Cash 330
September 30, 202x, petty cash fund's expenses
Dr Transportation expenses 52
Dr Postage expenses 71
Dr Miscellaneous expenses 147
Dr Cash short and over 14
Cr Petty cash fund 284
September 30, 202x, petty cash fund replenished
Dr Petty cash fund 284
Cr Cash 284
October 1, 202x, petty cash fund is increased
Dr Petty cash fund 55
Cr Cash 55
Information on Psi Phi Inc.âs three products are as follows: A B C Unit sales per month â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦ 1,600 3,000 1,600 Selling price per unit â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦. $10.00 $15.00 $8.00 Variable cost per unit â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦... (10.40) (12.00) (4.00) Unit contribution margin â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦.. $(0.40) $3.00 $4.00 Required: Determine the effect of each of the following situations would have on monthly profits. Each situation should be evaluated independently of all others. a) Product A is discontinued. b) Product A is discontinued and the subsequent loss of customers cause sales of Product B to decline by 200 units. c) The selling price of Product A is increased to $11.00 with a sales decrease of 300 units. d) The price of Product B is increased to $16.00 with a resulting sales decrease of 400 units. However, some of the customers shift to Product A; sales of Product A increase by 280 units. e) Product A is discontinued, and the plant in which Product A was produced is used to produce Product D, a new product. Product D has a unit contribution margin of $0.60. Monthly sales of Product D are predicted to be 1,200 units. f) The selling price of Product C is increased to $9.00 and the selling price of Product B is decreased to $14.00. Sales of Product C decline by 400 units, while sales of Product B increase by 600 units.
Answer:
fgoooo
Explanation:
fhgfh can you give me mola
The better-off test for evaluating whether a particular diversification move is likely to generate added value for shareholders involves assessing whether the diversification move A. will make the company better off because it will produce a greater number of core competencies. B. will make the company better off by improving its balance sheet strength and credit rating. C. will make the company better off by spreading shareholder risks across a greater number of businesses and industries. D. offers potential for the company's existing businesses and new businesses to perform better together under a single corporate umbrella. E. will benefit shareholders due to gains in earnings per share and faster stock price appreciation.
Answer:
A. will make the company better off because it will produce a greater number of core competencies.
Explanation:
The better-off test means that a business must benefit from the proposed diversification. This benefit van be a one time benefit or a continuous benefit
Reasons for diversification that don't pass the better of test
Diversification to diversify shareholders investments Increasing the size of the company.Verano Inc. has two business divisions — a software product line and a waste water clean - up product line. The software business has a cost of equity capital of 12 % and the waste water clean - up business has a cost of equity capital of 6 %. Verano has 50% of its revenue from software and the rest from the waste water business. Verano is considering a purchase of another company in the waste water business using equity financing. What is the appropriate cost of capital to evaluate the business? 6% 9% 8% 12%
Answer:
9%
Explanation:
The weighted average cost of equity capital =
(50% x 12%) + (50% x 6%) = 9%
When a multi-product factory operates at full capacity, decisions must be made about which products to emphasize. In making such decisions, products should be ranked based on: Group of answer choices
Group of answer choices
A. selling price per unit contribution.
B. margin per unit contribution
C. margin per unit of the constraining resource.
D. unit sales volume
Answer:
C. contribution margin per unit of the constraining resource.
Explanation:
When a multi-product factory operates at full capacity, decisions must be made about which products to emphasize. In making such decisions, products should be ranked based on contribution margin per unit of the constraining resource.
Think of a business idea that offers opportunity for customer credit. Assuming that you want to adopt this idea, what criteria would you consider to offer a consumer credit?
Answer:
an example for a company that offers back customers credit is Jimmy Johns, they have online rewards that you can sign up with you or phone number or online to earn points for your meals. When you sign up they promote you to go buy a sandwich for your first free sandwich, after that every time you come back and buy something you will be racking up points for free things like sandwiches, chips, cookies, pickles, and drinks.They also have special offers like on your birthday you get a free sub (and after you sign up). If I wanted to do something similar with my business I make would make a rewards systems where you earn points for discounts.
Explanation:
Identify a business idea with which you can proceed. For example, you start a business that designs and creates landscaping for customers (front garden space, back patio, and so on).
This type of business provides opportunity for consumer credit, as most people would not want to pay a huge amount upfront in cash or even through credit cards.
Since the only other way is to offer credit facility, you will have to make a list of questions. You will then have to research the customer’s credit worthiness.
Check for the customer’s credit rating with the credit- and information-management companies, such as TransUnion or Equifax.
Check for the customers’ current financial positions. You can do so by finding out whether they have a secure job or a well-performing business, number of earning members in the family, and so on.
Depending on the information you acquire, you may decide either to offer complete credit, with a relatively shorter credit period, or only offer a certain percentage of credit spread across a wider credit period.
A city keeps track of the number of new small businesses which open in any given year, as well as how many of those
new businesses report profit in excess of their initial investment after one year's time. An example of the data collected
can be viewed in the table below.
2000
Year
New
1998
781
1999
699
626
217
2001
730
264
2002
762
244
Profitable
311
205
If 684 new small businesses opened in 2003, approximately how many of them could be expected to turn a profit in
excess of their initial investment by 2004?
a 200
b. 236
c. 247
d. 272
Answer:
It's 236
Explanation:
Edge2020 ignore the other guy
You work for an electronics store that is preparing for a special event to
celebrate the launch of a new game system. You will have demonstration
models set up for shoppers to try out games on the system. How can your
store use social media to prepare for this event?
A. By scheduling enough employees to work on the event day
B. By posting messages about the chance to try the new system
C. By getting permits required by the city or other local government
D. By posting messages about when employees need to be at work
Answer:
It’s B. For Apex - By posting messages about the chance to try the new system
Explanation Answered on apex
For stores, the use of social media for doing the necessary preparations for an event is by posting messages about the chance to try the new system. Hence, Option B is correct.
What is social media?On the internet, a platform is available which is called social media. This is the media, which is in electronic form, where people come together to share thoughts about a particular topic.
In the case of electronic stores which are preparing for a special event so that they can celebrate the launch of a new game system, they can make use of social media by utilising it as a platform for doing the necessary preparation.
They can do this by posting messages on social media about the chance opportunity for those who want to try out this new system. They can put up a video with him demonstrating the model so that it can attract shoppers for that system.
Therefore, Option B is correct.
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Paris Company had common stock of $350,000 and retained earnings of $490,000. London Inc. had common stock of $700,000 and retained earnings of $980,000. On January 1, 2018, London issued 34,000 shares of common stock with a $12 par value and a $35 fair value for all of Paris Company's outstanding common stock. This combination was accounted for using the acquisition method. Immediately after the combination, what was the amount of total consolidated net assets? A. $2,520,000. B. $1,190,000. C. $1,680,000. D. $2,870,000.
Answer: D. $2870000
Explanation:
Consolidated Assets are the assets that a company owes whether directly or indirectly through a subsidiary which will then be shown on the consolidated balance sheet of the company.
From the information given, the amount of total consolidated net assets will be calculated as:
= ($34000 × 35) + $700,000 + $980,000
= $1,190,000 + $700,000 + $980,000
= $2,870,000
"Suppose that a worker in Lago can produce either 5 units of oats or 20 pounds of tuna per year, and a worker in Abuta can produce either 20 units of oats or 5 pounds of tuna per year. There are 20 workers in each country. No trade occurs between the two countries. Lago produces and consumes 50 units of oats and 200 pounds of tuna per year while Abuta produces and consumes 200 units of oats and 50 pound of tuna per year. If trade were to occur, Lago would trade 60 pounds of tuna for 60 units of oats. If Lago now completely specializes in tuna production, how many pounds of tuna could it now consume along with the 60 units of imported oats?"
Answer:
140 pounds of tuna
Explanation:
Lago
opportunity cost of producing 1 unit of oat = 20 / 5 = 4 pounds of tunaopportunity cost of producing 1 pound of tuna = 5 / 20 = 0.25 units of oatAbuta
opportunity cost of producing 1 unit of oat = 5 / 20 = 0.25 pounds of tunaopportunity cost of producing 1 pound of tuna = 20 / 5 = 4 units of oatLago should produce tuna while Abuta should produce oat. If they specialize:
total production of tuna = 20 x 20 = 400 pounds total production of oat = 20 x 20 = 400 unitsLago trades 60 pounds of tuna in exchange for 60 units of oat, so it will have 140 pounds of tuna and 60 units of oat in total.
A new home sold for $350,000. The tax rate is $.825 per hundred or fraction thereof. How much will the annual taxes be on this property?
Answer:
$2,887.50
Explanation:
$350,000 ÷ 100 = $3,500
$3,500 x 0.825 = $2,887.50
hope this helps :)
The annual taxes on this property would amount to approximately $2,887.50.
To calculate the annual taxes on the property, we need to determine the taxable value of the property and then apply the tax rate.
Given:
Selling price of the home: $350,000
Tax rate: $0.825 per hundred or fraction thereof
To calculate the taxable value, we divide the selling price by 100 and round up to the nearest whole number:
Taxable value = Selling price / 100
Taxable value = $350,000 / 100
Taxable value = $3,500
Next, we multiply the taxable value by the tax rate:
Annual taxes = Taxable value × Tax rate
Annual taxes = $3,500 × $0.825
Annual taxes = $2,887.50
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Ledger accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side.Date Accounts and Explanation Debit Credit Dec. 31 Service Revenue 198,900 Retained Earnings 198,900 To close Revenue Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 20,000 Dividends 20,000 To close Dividends Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 81,000 Selling Expenses 15000 Advertising Expense 8000 Salaries Expense 10000 Depreciation Expense-- 7000 Furniture Utilities Expense 6000 Income Tax Expense 5,000Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 81,000 Selling Expenses 15000 Advertising Expense 8000 Salaries Expense 10000 Depreciation Expense-- 7000 Furniture Utilities Expense 6000 Income Tax Expense 5000 Rent Expense 24000 Insurance Expense 4000 Supplies Expense 2,000
Answer: See explanation
Explanation:
The adjusted trial balance is simply defined as an internal document whereby both the titles and balances of the general ledger account when an adjustments have been done are listed.
Even though it isn't a financial statement, it is shown in the financial statements.
The question has been solved and attached.
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: Depreciation on factory equipment $1,000 Depreciation on sales office 500 Advertising 7,000 Wages of production workers 28,000 Raw materials used 47,000 Sales salaries and commissions 10,000 Factory rent 2,000 Factory insurance 500 Materials handling 1,500 Administrative salaries 2,000 Based upon this information, the manufacturing cost incurred during the month was: Group of answer choices
Answer:
80,000
Explanation:
Cost data of the month of May was taken from Terrence manufacturing company
The manufacturing cost incurred during the month can be calculated as follows
= wages of production workers + raw materials + materials handling + factory rent + factory insurance + depreciation of factory equipment
= 28,000 + 47,000 + 1,500 + 2,000 + 500 + 1,000
= 80,000
Hence the manufacturing cost incurred during the month is 80,000
PLEASE HELP!!! I need to come up with a unique store that would be convenient in a high school. It can be one that sells food, etc.
The best estimate of the total cost to manufacture 5,100 units is closest to: (Round your intermediate calculations to 2 decimal places.)
Answer:
a. $1,009,560
Explanation:
Note: The full question is attached
Variable portion = (Total overhead for 5,400 units - Total overhead for 4,400 units) / (5,400 units - 4,400 units)
Variable portion = [($68.30)(5,400) - ($74.30)(4400)/(5,400 - 4,400)
Variable portion = (368,820 - 326,920)/1000
Variable portion = 41.9
Total cost for manufacturing 5,100 units = (5,100) ($77.90 + $50.20 +$ 41.90 )+ (368,820 - (5,400)(41.90)
Total cost for manufacturing 5,100 units = $867,000 + $142,560
Total cost for manufacturing 5,100 units = $1,009,560
On December 29, 2020, an employee received a $5,000 check from her employer's client. The check was payable to the employer. The employee did not remit the funds to the employer until December 30, 2020. The employer deposited the check on December 31, 2020, but the bank did not credit the employer's bank account until January 2, 2021. Complete the statement below regarding when the cash basis employer is required to include the $5,000 in gross income. In because a check received considered a cash equivalent and a cash basis taxpayer must recognize the income when the check is .
Answer:
In 2020 because a check received IS considered a cash equivalent and a cash basis taxpayer must recognize the income when the check is RECEIVED.
Explanation:
Checks are basically cash, that is why you record a cash disbursement once you issue a check, not when the check is cashed. Once a check has been issued or received, a cash transaction has been made. A cash basis taxpayer must record revenue when it collects it, and collecting a check is equivalent to collecting cash.
At the end of the preceding year, XYZ Inc. had a deferred tax asset of $17,500,000, attributable to its only temporary difference of $70,000,000 for estimated expenses. At the end of the current year, the temporary difference is $45,000,000. At the beginning of the year there was no valuation account for the deferred tax asset. At year-end, XYZ Inc. now estimates that it is more likely than not that one-third of the deferred tax asset will never be realized. Taxable income is $12,000,000 for the current year and the tax rate is 25% for all years. Required: In its current year balance sheet, what amount should XYZ report as income tax payable? In its current year balance sheet, what amount should XYZ report as deferred tax asset (net of the allowance)? In its current year income statement, what should XYZ report as income tax expense? In its current year income statement, what should XYZ report as net income? Prepare the journal entry to record XYZ's income tax expense for the current year.
Answer:
Kindly check the explanation section.
Explanation:
So, we are given the following data or parameters in this particular Question which is going to help us in solving this particular Question.
=> the taxable income = $12,000,000 for the current year.
=> the tax rate is 25% for all years.
=> deferred tax asset = $17,500,000.
=> The temporary difference = $70,000,000 for estimated expenses. => "At the end of the current year, the temporary difference is $45,000,000."
So, let us dive straight into the solution;
Step one: calculate or Determine the income tax expense.
So, we have ( $45,000,000 × 25%) - $17,500,000 = − $6,250,000. This is recorded in the credit side as $6,250,000.
Step two: Determine the income tax payable.
=> taxable income × tax rate for all years = 12,000,000 × 25% = 3,000,000. This is recorded at the credit side.
Step three: Determine the valuation allowance in deferred.
The valuation allowance in deferred = 1/3[ 45,000,000 × 24] = 3,750,000. This is also recorded in the Credit side.
Ampco Disk Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 20X5: Work in process, beginning inventory 100,000 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (90% complete) Transferred in during current period 300,000 units Completed and transferred out 250,000 units Work in process, ending inventory 50,000 Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (65% complete)Calculate equivalent units for conversion costs using the FIFO method. a. 30,280 units.b. 299,800 units.c. 390,580 units.d. 353,400 units.
Answer:
Total Equivalent units=292,500units
Explanation:
Calculation for the equivalent units for conversion costs
Beginning work in process 10,000 units
(100,000 × 0.10)
Completed and transferred out 250,000 units
Ending work in process 32,500, units
(50,000 × 0.65)
Total Equivalent units=292,500units
Therefore the equivalent units for conversion costs Will be 292,500units
The Ampco Disk Company will report equivalent units for Conversion Costs using the FIFO method as $292,500 units.
Data and Calculations:
Physical Transferred-in Direct Conversion
Units Materials Costs
Beginning inventory 100,000 100% 0% 90%
Transferred in period 300,000
Available units 400,000
Completed & transferred out 250,000
Ending inventory 50,000
Equivalent units:
Physical Transferred-in Direct Conversion
Units Materials Costs
Beginning inventory 100,000 0 (0%) 0 (0%) 10,000 (10%)
Started and transferred 250,000 250,000 250,000 250,000 (100%)
Ending inventory 50,000 50,000 0 (0%) 32,500 (65%)
Total equivalent units 300,000 250,000 292,500
Thus, the equivalent units for Conversion Costs under the FIFO method is 292,500 units.
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aker Industries’ net income is $27000, its interest expense is $5000, and its tax rate is 45%. Its notes payable equals $24000, long-term debt equals $80000, and common equity equals $260000. The firm finances with only debt and common equity, so it has no preferred stock. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet What are the firm’s ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations.
Answer:
ROE = 10.3%
ROE = 10.3%
Explanation:
ROE can be calculated by dividing net income by common equity and ROIC can be calculated by dividing EBIT after tax by the total invested capital.
1) Computation of ROE
ROE = Net Income / Common Equity
ROE = $27,000 / $260,000
ROE = 0.103 or ROE = 10.3%
2) Computation of ROIC
ROIC = [EBIT * (1-tax rate)] / Total Invested capital
ROIC = [$50,000 * (1 - 0.40)] / $365,000
ROIC = 0.0821 or ROIC = 8.21%
EBT = Net income *100 / (100% - T)
EBT = $27,000 x 100% / 60%
EBT = $45,000
EBIT = EBT + interest = $45,000 + $5,000
EBIT = $50,000
Invested capital = Notes payable + Long term Debt + Common stock
Invested capital = $24,000 + $80,000 + $260,000
Invested capital = $365,000
According to Herzberg, a major difference between motivator and hygiene factors includes: Select one: a. motivators are controlled by supervisors and hygienes are contained within the job b. hygiene factors allow self-actualization when present whereas motivation factors can only be activated when pay and benefits are acceptable c. hygiene factors deal with personal appearance and motivators concern negative aspects of the job environment d. motivators deal with job characteristics that are intrinsic to the job and hygiene factors deal with characteristics of the work environment or factors extrinsic to the job
Answer:
d. motivators deal with job characteristics that are intrinsic to the job and hygiene factors deal with characteristics of the work environment or factors extrinsic to the job
Explanation:
According to Herzberg's theory, heigene and motivators are the two crucial factors factors that determine job satisfaction as well as job dissatisfaction. Motivators provide positive satisfaction from the real nature condition of the job i.e the intrinsic factors. Theses intrinsic could be from recognition as well as achievement. These Motivators could be from rewards for one's achievement, making ones has part of people making decisions, making one as an important entity in the company.
On the other hand hygiene factors
could be as a result of organizational policies as well as supervision. Another factor is relationships with other employees. It should be noted that a major difference between motivator and hygiene factors includes motivators deal with job characteristics that are intrinsic to the job and hygiene factors deal with characteristics of the work environment or factors extrinsic to the job.
True or False: The term “academic training” refers primarily to formal classes taken in school.
Answer:
False
Explanation:
Larcker Manufacturing's cost accountant has provided you with the following information for January operations. Direct materials $ 39 per unit Fixed manufacturing overhead costs $ 220,000 Sales price $ 200 per unit Variable manufacturing overhead $ 21 per unit Direct labor $ 28 per unit Fixed marketing and administrative costs $ 190,000 Units produced and sold $ 5,500 Variable marketing and administrative costs $ 8 per unit Required: a. Prepare a gross margin income statement. b. Prepare a contribution margin income statement.
Answer:
a) gross margin income statement
Sales revenue $1,100,000
COGS ($704,000)
Gross profit $396,000
Operating expenses:
variable M&A $44,000fixed M&A $190,000 ($234,000)Operating income $162,000
b) contribution margin income statement
Sales revenue $1,100,000
Variable costs:
direct materials $214,500direct labor $154,000variable overhead $115,500variable M&A $44,000 ($528,000)Contribution margin $572,000
Period costs:
fixed overhead $220,000fixed M&A $190,000 ($410,000)Operating income $162,000
Explanation:
sale price per unit = $200
total variable costs per unit:
direct materials $39 direct labor $28variable overhead $21variable marketing and adm. $8total = $96 per unitcontribution margin per unit = $200 - $96 = $104
period costs = $220,000 (overhead) + $190,000 (marketing and adm.) = $410,000
total sales revenue = $1,100,000
total COGS:
direct materials $39 x 5,500 = $214,500direct labor $28 x 5,500 = $154,000variable overhead $21 x 5,500 = $115,500fixed overhead = $220,000total = $704,000operating expenses:
variable marketing and adm. $8 x 5,500 = $44,000fixed marketing and adm. = $190,000total $234,000the president is considering placing a tariff on the import of japanese luxury cars. Using the model presented in this chapter, discuss the economics and politics of such a policy. In particular, how would the policy affect the U.S. trade deficit
Answer:
In the clarification portion below, the definition of the list of questions is mentioned.
Explanation:
The premium car tariff will have little effect on net exporting as it does not affect national savings or spending. However, reducing U.S. demand for auto component imports, it will change the NX curve. This move in the curve would improve the number of trade. There will be no shift in net exports since the value of all exporters and importers will decrease by the same level. The conceptual consequences of this approach are therefore significant. On the industrial side, the elevated exchange rate raises shipments and places strain on American companies' profits, except for American tariff-shielded premium car production. The stronger currency would also affect American export markets, making their import duties increasingly costly towards foreign nations.The tariffs would harm buyers of Japanese luxury vehicles, while all other customers would benefit from either the valued currency, which helps them to buy products at a lower cost.Nursing patients back to health in a hospital is a ___________ skill. (soft or hard skill)
Answer:
Hard skill.
Explanation:
Soft skills are social skills. You dont need to be social to do this.
Where do employees on the travel and tourism industry come from?
Answer:
There are six major components of tourism, each with their own sub-components. These are: tourist boards, travel services, accommodation services, conferences and events, attractions and tourism services. Below, I will explain what each of the components offer to the tourism industry and provide some relevant examples.
Explanation:
There are six components of tourism, each with its sub-components are:
First Tourist boards,
Second Travel services,
Third Accommodation services,
Fourth Conferences, and
Fifth Events,
Sixth, Attractions and also tourism services.
What is the Travel and tourism industry?
The tourism industry also understood as the travel industry is related to the idea of people traveling to different locations, either domestically or internationally, for leisure, social or business purposes. It provides heritage, business, sports, tourism, cultural, and medical. The main objective of this sector is to develop and promote tourism, maintain the competitiveness of India as a tourist destination and improve and expand existing tourism products to ensure employment generation and economic growth. In this province, we provide details about various tourist destinations, modes of travel, accommodation, and also approved travel agents.
Find more information about Travel and tourism industry here:
https://brainly.com/question/26572271
what are the components of egg, identify and describe each
Eggs consist of approximately 9.5% eggshell (including shell membrane), 63% albumen, and 27.5% yolk (1) (Table 1). The main components are water (75%), proteins (12%), and lipids (12%), as well as carbohydrates and minerals (2, 3).
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