Recycling is Primarily an example of a issue facing businessess.
a. human resource
b. natural resource
c. ethical
d. social

Answers

Answer 1
B sorry if I’m wrong

Related Questions

During 2004, Thor Lab supplied hospitals with a comprehensive diagnostic kit for $120. At a volume of 80,000 kits, Thor had fixed costs of $1,000,000 and a profit before income taxes of $200,000. Due to an adverse legal decision, Thor’s 2005 liability insurance increased by $1,200,000 over 2004. Assuming the volume and other costs are unchanged, what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes?

a. $120.00
b. $135.00
c. $150.00
d. $240.00

Answers

Answer:

d. $240.00

Explanation:

Calculation to determine what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes?

2004 CM% = 12.5% ($15/$120)

2005 CM = $2,400,000 ($1,000,000 + $200,000)

2005 CM per unit = $2,400,000/80,000 units

2005 CM per unit= $30 CM per unit;

2005 selling price per unit = $30/.125

2005 selling price per unit= $240

Therefore what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes is $240

Một doanh nghiệp sản suất hai loại hàng hóa là G1 và G2 , bán ra thị trường
với giá tương ứng là 70 USD và 50 USD. Tổng chi phí cho bởi

[tex]TC=Q1^{2} + Q1Q2 +Q2^{2}[/tex]

trong đó Q1 và Q2 lần lượt tương ứng là số lượng hàng hóa G1 và G2 . Tìm số lượng hàng hóa Q1 và Q2 để tối ưu lợi nhuận.

Answers

Answer:

Một doanh nghiệp sản suất hai loại hàng hóa là G1 và G2 , bán ra thị trường

với giá tương ứng là 70 USD và 50 USD. Tổng chi phí cho bởi

trong đó Q1 và Q2 lần lượt tương ứng là số lượng hàng hóa G1 và G2 . Tìm số lượng hàng hóa Q1 và Q2 để tối ưu lợi nhuận.

Explanation:

outline two roles of Quality circles​

Answers

Answer:

A quality circle is a participatory management technique that lists employees in solving their own problems.

Explanation:

For reasons discussed below, quality circulation and the complete quality check, which were widely embraced in the 1980s, largely disappeared or underwent major transformations.

Originally Japanese managing and production techniques were linked with quality circles.

Circles of quality must be fully staffed by volunteers.

A representative of a different functional activity should be each participant.

Even if requests are trivial and expenses are difficult to deduct, the management must support the circle and finance it appropriately.

Members of the Circle must receive adequate problem-solving training.

In its own members, the circle must choose its own leader.

Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:
Direct materials used $ 5,300
Direct labor 7,300
Total factory overhead 5,400
Beginning work in process 3,300
Ending work in process 4,600
a. $18,000
b. $14,500
c. $16,700
d. $12,600
e. $19,300

Answers

Explanation:

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A firm has $1,500,000 in sales, a Lerner index of 0.57, and a marginal cost of $50, and competes against 800 other firms in its relevant market. Instruction: Enter your responses rounded to two decimal places. a. What price does this firm charge its customers

Answers

Answer:

the price the firm charge its customers is $116.28

Explanation:

a. The computation of the price the firm charge its customers is given below:

Lerner index  = Price - marginal cost ÷ Price

0.57 = Price - $50 ÷ Price

0.57Price = Price - $50

0.43Price = $50

Price = $116.28

hence, the price the firm charge its customers is $116.28

The same should be considered and relevant

I need help with Accounting homework. I am not understanding it

Answers

Answer:

ok

Explanation:

send the home work we help you

Disposal of Fixed AssetEquipment acquired on January 6 at a cost of $401,300 has an estimated useful life of 18 years and an estimated residual value of $25,100.a. What was the annual amount of depreciation for Years 1–3 using the straight-line method of depreciation?Year Depreciation ExpenseYear 1 $Year 2 $Year 3 $b. What was the book value of the equipment on January 1 of Year 4?$
c. Assuming that the equipment was sold on January 3 of Year 4 for $329,500, journalize the entry to record the sale. If an amount box does not require an entry, leave it blank.
Year 4
Jan. 3 Cash
Accumulated Depreciation-Equipment
Loss on Sale of Equipment
Equipment
d. Assuming that the equipment had been sold on January 3 of Year 4 for $342,000 instead of $315,000, journalize the entry to record the sale. If an amount box does not require an entry, leave it blank.
Cash
Accumulated Depreciation-Equipment
Equipment
Gain on Sale of Equipment

Answers

Answer:

a. Cost of Equipment = $401300

Residual value = $25100

Useful life = 18 years

Depreciation expense = (Purchase cost - Residual value) / Useful life

Depreciation expense = ($401,300 - $25,100) / 18 years

Depreciation expense = $20,900

b. Book value of equipment on January 1 of year 4 = Purchase cost -(Depreciation expense * 3 years)

= $401300 - ($20900*3 years)

= $401300 - $62700

= $338,600

c. Accumulated Depreciation = Depreciation expense * 3 years

Accumulated Depreciation = $20,900*3

Accumulated Depreciation = $62,700

Gain/ loss on sale = Cash received for sale of asset - Book value of asset at jan 1 of year 4

Loss on sale = $315000 - $338600

Loss on sale = $23600

Journal Entry

Cash $315000 Dr

Accumulated depreciation-equipment $62700 Dr

Loss on sale of equipment $23600 Dr

Equipment $401300 Cr

Complete the statements and then calculate the change in consumption.

a. The consumption function shows the relationship between consumption spending and ____________
b. The slope of the consumption function is the ___________
c. Changes in consumption can be predicted by multiplying the change in by the If the MPC ___________

Answers

Answer:

A. Disposable income

B. Marginal Propensity to Consume

C. Change in Disposable Income by the Marginal Propensity to Consume.

Explanation:

The consumption will increase by $800

Explanation:

The consumption function shows the relationship between consumption spending and disposable income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposable income by the marginal propensity to consume.

GIVEN that: MPC = 0.60

Disposable income increases by $1,500

consumption increase = 0.60*$1500

= $900

Therefore, The consumption will increase by $900.

Which of the following non-GAAP disclosures is LEAST LIKELY to create variance between GAAP and non-GAAP operating income:
a. Goodwill impairment
b. Inventory write down
c. Currency loss from closing of a foreign subsidiary
d. Gain on sale of an asset

Answers

Answer: c. Currency loss from closing of a foreign subsidiary.

Explanation:

GAAP refers to the industry standard and it gives a clear view of the operations of a business from a financial point of view. On the other hand, the non-GAAP disclosure deviates from the industry standard and in such case, adjustments are made to show company's operations.

The non-GAAP disclosures which is least likely to create variance between GAAP and non-GAAP operating income is the currency loss from closing of a foreign subsidiary.

On March 15, 2017, Gilbert Construction contracted to build a shopping center at a contract price of $220 million. The schedule of expected (which equals actual) cash collections and contract costs follows:

Year Cash Collections Cost Incurred
2017 55 million $36 million
2018 88 million 81 million
2019 77 million 63 million
Total $220 million $180 million

Required:
a. Calculate the amount of revenue, expense, and net income for each of the three years 2017 through 2019, and for all three years combined, using the cost-to-cost revenue recognition method.
b. Discuss whether or not the cost-to-cost method provides a good measure of this construction com- pany's performance under the contract.

Answers

Answer:

a.                                                              2017          2018           2019

Expenses incurred for the year A     36 million   81 million    63 million

Estimated total cost B                       180 million  180 million  180 million

% Completion (A/B) C                               20%           45%           35%

Revenue recognized for the D          44 million   99 million   77 million

period (220 million * C)

Gross profit (D-A)                              $8 million  $18 million $14 million

b. Yes, the cost-to-cost method provides a good measure of this construction company's performance under the contract.

Start Inc. has 5,000 shares of 6%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2012. What is the annual dividend on the preferred stock? Group of answer choices $60 per share $30,000 in total $50,000 in total $0.60 per share

Answers

Answer:

$30,000 in total

Explanation:

The annual dividend on preferred stock can be determined based on the dividend rate, in other words, the annual dividend is the dividend rate multiplied by the face value of the preferred stock as shown thus:

annual dividend on preferred stock=number of preferred shares outstanding*par value per share*dividend rate

number of preferred shares outstanding=5,000

par value per share=$100

dividend rate=6%

50,000 shares refer to the number of common stocks outstanding

annual dividend on preferred stock=5000*$100*6%

annual dividend on preferred stock=$30,000

dividend per share=$30000/5000=$6

Alpha and Beta, two tiny islands in the Pacific, produce pearls and pineapples. The following production possibilities schedules describe their potential output in tons per year:

ATTACHMENT IS BELOW

Suppose Alpha and Beta agree that the terms of trade will be one for one and exchange 10 pearls for 10 pineapples.

a. If Alpha produced 6 pearls and 15 pineapples while Beta produced 30 pearls and 8 pineapples before they decided to trade, how many pearls would each be producing after trade? Assume that the two countries specialize according to their comparative advantage.

(i) Alpha: _____ pearls
(ii) Beta: _____ pearls

b. How much would the combined production of pineapples increase for the two islands due to specialization?
_____ pineapples

c. How much would the combined production of pearls increase?
_____ pearls

d. What is the post-trade consumption for each island?
Alpha consumes _____ pearls and ______ pineapples.
Beta consumes ______ pearls and ______pineapples.

Answers

Answer:

The opportunity cost of pearls for A is 2.5 pineapples and the opportunity cost of pearls for A is 0.27.

Explanation:

If Alpha produced 6 pearls and 15 pineapples, while B produced 30 pearls and 8 pineapples before the trade, we can calculate the opportunity cost for each island. For island Alpha, their opportunity cost will be:

6 pearls = 15 pineapples

1 pearl = 15/6 pineapples

1 pearl = 2.5 pineapples

Therefore, the opportunity cost of pearls for A is 2.5 pineapples

For island Beta, their opportunity cost will be:

30 pearls = 8 pineapples

1 pearl = 8/30 pineapples

1 pearl = 0.27 pineapples

Therefore, the opportunity cost of pearls for A is 0.27 pineapples

b)

It appears that A will increase production of pineapples from 15 pineapples to 25 pineapples, and due to their opportunity cost, will decrease pearl production from 6 pearls to 2 pearls

It appears that B will increase the production of pearls from 30 pearls to 40 pearls, and due to their opportunity cost, will decrease pineapple production from 8 pineapples to 4 pineapples.

A bond has a modified duration of 8 and a price of 112,955 calculated using an annual effective interest rate of 6.4%. EMAC is the estimated price of this bond at an interest rate of 7.0% using the first-order Macaulay approximation. EMOD is the estimated price of this bondat an interest rate of 7.0% using the first-order modified approximation.Calculate EMAC - EMOD A. 91 B. 102 C. 116 D. 127 E. 143

Answers

Answer:

8.4%

Explanation:

In an economy open to international trade ________.
A) saving equals investment in equilibrium
B) saving is the difference between net exports and investment
C) saving equals investment as long as the economy has no exports
D) saving equals investment as long as NX

Answers

Answer: D) saving equals investment as long as NX = 0

Explanation:

The last option was incomplete as it should have said ...NX = 0.

The Income/GDP of a country that is open to international trade is calculated as follows:

Income = Consumption + Investment + Government spending + Net exports

Y = C + I + G + NX

If NX = 0 then the formula becomes:

Y = C + I + G

Investment in this scenario is therefore:

I = Y - C - G

This is the same as savings as savings is calculated by subtracting consumption and government spending from the total income. This is because government spending is derived from taxes so the cash that people get to save is their income less than their taxes and consumption expenses.

S = Y - C - G = Y

The following information is available for Trinkle Company for the month of June:

a. The unadjusted balance per the bank statement on June 30 was $56,193.
b. Deposits in transit on June 30 were $2,350.
c. A debit memo was included with the bank statement for a service charge of $8.
d. A $4,862 check written in June had not been paid by the bank.
e. The bank statement included a $600 credit memo for the collection of a note.
f. The principal of the note was $545, and the interest collected amounted to $55.

Required:
Determine the true cash balance as of June 30.

Answers

Answer:

Following are the solution the given question:

Explanation:

                                    [tex]\text{Trinkle Company}\\\\ \text{Bank Reconciliation Statement(Partly)}\\\\ \text{As on June 30}[/tex]

[tex]\text{Balance as per Bank statement} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$56,193\\\\\text{Add : deposit in transit} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$2,350\\\\[/tex]

                                                                          [tex]\$58,543[/tex]

[tex]\text{Less: Outstanding Checks} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$4,862\\\\\text{Adjusted Bank Balance} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$53,681\\\\[/tex]

[tex]\text{The true cash balance on June 30 is} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$53,681[/tex]

   

Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.50 per mile driven. Joyce has determined that if she drives 3,300 miles in a month, her total operating cost is $875. If she drives 4,400 miles in a month, her total operating cost is $1,095.
Required:
1. Using the high-low method, determine Joyce's variable and fixed operating cost components.
2. Complete the contribution margin income statement for Joyce's service assuming she drove 3,700 miles last month. (Assume this falls within the relevant range of operations).

Answers

Answer:

Variable operating cost per mile = $0.2

Fixed operating cost = $215

Income  at 3,700 miles = $895

Explanation:

The variable cost per mile =

(cost at high activity - cost at low activity)/(high activity - low activity)

Fixed operating cost = cost at high activity - (VC/mile × high activity)

So we can apply the formulae as follows:

The variable cost per mile = (1,095 - 875)/(4,400-3,300)= $0.2 per mile

Fixed cost = $1,095 - (0.2×4,400)=$215

Variable operating cost per mile = $0.2

Fixed operating cost = $215

Contribution margin income statement

                                                                                $

Sales value = (3,700 miles × $0.50 per mile)       1,850

Variable cost    (3,700×  $0.2)                               (740)

Contribution                                                             1,110

Less Fixed cost                                                       (215)

Income                                                                    895

For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2018 for $2,816,000. Its useful life was estimated to be six years with a $224,000 residual value. At the beginning of 2021, Clinton decided to change to the straight-line method. The effect of this change on depreciation for each year is as follows:

Year Straight-Line Declining Balance Difference
2010 $400 $853 $453
2011 400 569 169
2012 400 379 (21)

$1,200 $1,801 $601

Required:
Prepare any 2018 journal entry related to the change.

Answers

Answer:

Debit Depreciation expense for $263,667

Credit Accumulated depreciation for $263,667

Explanation:

Note: There are some inconsistencies in the dates used in the question. These are therefore corrected before answering the question by presenting the complete question with the correct dates as follows:

For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2018 for $2,816,000. Its useful life was estimated to be six years with a $224,000 residual value. At the beginning of 2021, Clinton decided to change to the straight-line method. The effect of this change on depreciation for each year is as follows:

Year       Straight-Line         Declining Balance     Difference

2018             $400                         $853                     $453

2019               400                           569                        169

2020              400                           379                        (21)  

                  $1,200                        $1,801                     $601

Required:

Prepare any 2021 journal entry related to the change.

The explanation of the answer is now given as follows:

Before preparing the related journal entry, the annual straight-line depreciation for remaining 3 years is first calculated:

Details                                                                      Amount ($)

Asset’s cost at the beginning (given)                    2,816,000

Accumulated depreciation to date                       (1,801,000)    

Undepreciated cost                                                 1,015,000

Estimated residual value                                        (224,000)

To be depreciated over remaining 3 years             791,000  

Annual straight-line depreciation for remaining 3 years = $791,000/ 3 = $263,667

The 2021 journal entry related to the change will look as follows:

Account title                                          Debit ($)         Credit ($)    

Depreciation expense                           263,667

 To Accumulated depreciation                                    263,667

(To record 2021 depreciation expense.)                                        

which is used as a tool for cost control in accounting​

Answers

Answer:

ratio analysis

Explanation:

Type the correct answer in the box. Spell all words correctly.
Which step of selling includes cold-calling?
Cold-calling is a part of the
step of selling
Rese

Answers

Answer:

Cold-calling is the prospecting step of selling.

Answer:

prospecting

Explanation:

plato gang

Widmer Company had gross wages of $187,000 during the week ended June 17. The amount of wages subject to social security tax was $168,300, while the amount of wages subject to federal and state unemployment taxes was $23,000. Tax rates are as follows:

Social security 6%
Medicare 1.5%
State unemployment 5.4%
Federal unemployment 0.8%

The total amount withheld from employee wages for federal taxes was $48,000.

Required:
a. Journalize the entry to record the payroll for the week of June 17.
b. Journalize the entry to record the payroll tax expense incurred for the week of June 17.

Answers

Answer:

a.

Date         Account Title                                                   Debit             Credit

June 17    Wages expense                                              $187,000

                Social Security tax payable                                                 $10,098

                Medicare tax payable                                                          $2,805

                 Employee Federal Income Tax payable                           $48,000

                 Wages payable                                                                  $126,097

Working

Social security = 6% * 168,300 = $10,098

Medicare = 1.5% * 187,000 = $2,805

b.

Date         Account Title                                                       Debit           Credit

June 17     Payroll Tax Expense                                       $14,329

                 Social Security tax payable                                                 $10,098

                Medicare tax payable                                                          $2,805

                State Unemployment tax payable                                       $1,242

                Federal Unemployment tax payable                                   $   184

Working

State Unemployment tax payable = 23,000 * 5.4% = $1,242

Federal Unemployment tax payable = 23,000 * 0.8% = $184

Last Friday, you purchased a 4-pack Sensodyne Extra Whitening Toothpaste at $29.99, which will last three months for your family to use. To you, the big pack of toothpaste can be viewed as:________.A. Seasonal inventoryB. Cycle/Batch inventoryC. Pipeline inventoryD. Speculative inventory

Answers

Answer: Speculative inventory

Explanation:

Speculative inventory, is also called the anticipatory inventory, and this occurs when an inventory is purchased so that it can be held for future need. Therefore z buying it early then becomes a necessity.

Therefore, the situation whereby a 4-pack Sensodyne Extra Whitening Toothpaste at $29.99, was bought and will last three months for the family to use is referred to as speculative inventory.

Company Baldwin invested $50,460,000 in plant and equipment last year. The plant investment was funded with bonds at a face value of $33,582,566 at 13.7% interest, and equity of $16,877,434. Depreciation is 15 years straight line. For this transaction alone which of the following statements are true?

a. Depreciation increased by $3,364,000.
b. Since the new plant was funded with debt and equity, on the Balance sheet Retained Earnings decreased by $16,741,282, the difference between the investment $50,460,000 and the bond $33,718,718.
c. On the Balance sheet, Long Term Debt changed by $33,718,718.
d. Cash was pulled from retained earnings to cover the $16,741,282 difference between the plant purchase and bond issue.
e. Cash went down by $50,460,000 when the plant was purchased.
f. Buying the plant had no net effect on the Cash account, because the plant was paid for by the bond plus retained earnings.
g. Cash went up when the Bond was issued by $33,718,718.
h. On the Balance sheet, Plant & Equipment increased by $50,460,000.

Answers

Answer:

a. true

b. false

c. true

d. false

e. true

f. false

g. true

h. true

Explanation:

a. we solve for depreciation

$50,460,000/15

= $3364000

this is true

b. retained earnings have no roles to play in this option. false

c. The long term debt has been sen to chaange by

50460000-16741282

= $33718718

true

d. This is false retained earnings have no role to play here.

e. This is true because this is the amount that was used to purchase the plant

f. false since retained earning has nothing to do here.

g. this is true also. the face value of the bond is $33,718,718.

h. this is true. since palnt and equipment is $5046000

The partnership of Butler, Osman, and Ward was formed several years ago as a local tax preparation firm. Two partners have reached retirement age, and the partners have decided to terminate operations and liquidate the business. Liquidation expenses of $43,000 are expected. The partnership balance sheet at the start of liquidation is as follows:

Cash $39,000 Liabilities $179,000
Accounts receivable 69,000 Butler, loan 39,000
Office equipment (net) 59,000 Butler, capital (25%) 95,000
Building (net) 155,000 Osman, capital (25%) 39,000
Land 145,000 Ward, capital (50%) 115,000
Total assets $467,000 Total liabilities and capital $467,000

Required:
Prepare a predistribution plan for this partnership

Answers

Answer:

Butler, Osman, and Ward Partnership

Predistribution Plan:

Total assets realized (assumed) $467,000

Less liquidation expenses               43,000

Liabilities                                         179,000

Butler, loan                                      39,000

Cash available for distribution  $206,000

Butler, capital (25%)                       84,250 ($95,000 - $10,750)

Osman, capital (25%)                    28,250 ($39,000 - $10,750)

Ward, capital (50%)                       93,500 ($115,000 - $21,500)

Explanation:

a) Data and Calculations:

Expected liquidation expenses = $43,000

Cash                             $39,000

Accounts receivable      69,000

Office equipment (net)  59,000

Building (net)                155,000

Land                             145,000

Total assets              $467,000

Liabilities                   $179,000

Butler, loan                  39,000

Butler, capital (25%)   95,000

Osman, capital (25%) 39,000

Ward, capital (50%)   115,000

Total liabilities and capital $467,000

Predistribution Plan:

Total assets realized (assumed) $467,000

Less liquidation expenses               43,000

Liabilities                                         179,000

Butler, loan                                      39,000

Cash available for distribution  $206,000

Butler, capital (25%)                       84,250 ($95,000 - $10,750)

Osman, capital (25%)                    28,250 ($39,000 - $10,750)

Ward, capital (50%)                       93,500 ($115,000 - $21,500)

b) Each partner will share in the liquidation expense according to their profits and losses sharing ratios.  This will reduce their capital account balances and show the net cash they will collect upon liquidation.  Note that this plan is based on the assumption that all the assets will be completely realized, that is, without any loss.

Bond X is a premium bond making semiannual payments. The bond pays a coupon rate of 11 percent, has a YTM of 9 percent, and has 11 years to maturity. Bond Y is a discount bond making semiannual payments. This bond pays a coupon rate of 9 percent, has a YTM of 11 percent, and also has 11 years to maturity. The bonds have a $1,000 par value. What is the price of each bond today

Answers

Answer:

Results are below.

Explanation:

To calculate the price of each bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond X:

Coupon= (0.11/2)*1,000= $55

YTM= 0.09/2= 0.045

Years to maturiy= 11 years

Bond Price​= 55*{[1 - (1.045^-11)] / 0.045} + [1,000/(1.045^11)]

Bond Price​= 469.1 + 616.2

Bond Price​= $1,085.3

Bond Y:

Coupon= (0.09/2)*1,000= $45

YTM= 0.11/2= 0.055

Years to maturiy= 11 years

Bond Price​= 45*{[1 - (1.055^-11)] / 0.055} + [1,000/(1.045^11)]5

Bond Price​= 364.16 + 554.91

Bond price= $919.07

Dawson Toys, Ltd., produces a toy called the Maze. The company has recently created a standard cost system to help control costs and has established the following standards for the Maze toy: Direct materials: 7 microns per toy at $0.32 per micron Direct labor: 1.2 hours per toy at $7.20 per hour During July, the company produced 4,600 Maze toys. The toy's production data for the month are as follows: Direct materials: 80,000 microns were purchased at a cost of $0.30 per micron. 39,750 of these microns were still in inventory at the end of the month. Direct labor: 5,920 direct labor-hours were worked at a cost of $46,768.

Required:
1. Compute the following variances for July:
a. The materials price and quantity variances
Material price variance ______
Material quantity variance ______

b. The labor rate and efficiency variances.
Labor rate variance _____
Labor efficiency variance ______

Answers

Answer:

Results are below.

Explanation:

To calculate the direct material rate and quantity variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.32 - 0.3)*80,000

Direct material price variance= $1,600 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (7*4,600 - 40,250)*0.32

Direct material quantity variance= $2,576 unfavorable

To calculate the direct labor efficiency and rate variances, we need to use the following formulas:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1.2*4,600 - 5,920)*7.2

Direct labor time (efficiency) variance= $2,880 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (7.2 - 7.9)*5,920

Direct labor rate variance= $4,144 unfavorable

Actual rate= 46,768/5,920= $7.9

If x follows a normal distribution with a mean of 10 and
standard deviation of 3; find out the following
A) Find the value of x = xº such that P(x 5 xº) = 5%
B) Find the value of x = xº such that P(x 2 x°) = 1%

Answers

Answer:

The answer is below

Explanation:

The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:

[tex]z=\frac{x-\mu}{\sigma} \\\\where\ x=raw\ score, \mu=mean,\ \sigma=standard\ deviation[/tex]

a) P(x ≥ x⁰) = P(z ≥ z⁰) = 1 - P(z < z⁰)

1 - P(z < z⁰) = 1%

P(z < z⁰) = 99%

z⁰ = 2.33

z° = (x° - μ)/σ

2.33 = (x° - 10)/3

x⁰ = 16.99

b) P(x ≥ x⁰) = P(z ≥ z⁰) = 1 - P(z < z⁰)

1 - P(z < z⁰) = 10%

P(z < z⁰) = 90%

z⁰ = 1.28

z° = (x° - μ)/σ

1.28 = (x° - 10)/3

x⁰ = 13.84

c) P(x ≥ x⁰) = P(z ≥ z⁰) = 1 - P(z < z⁰)

1 - P(z < z⁰) = 5%

P(z < z⁰) = 95%

z⁰ = 1.65

z° = (x° - μ)/σ

1.65 = (x° - 10)/3

x⁰ = 14.95

Amazon Corporation owns machinery with a book value of $760,000. It is estimated that the machinery will generate future cash flows of $700,000. The machinery has a fair value of $560,000. Amazon should recognize a loss on impairment of:_______.

Answers

Answer: $200,000

Explanation:

The loss on impairment refers to the difference between the carrying or book value of an asset and the fair/ recoverable value of same.

Loss on impairment = Book value - Fair value

= 760,000 - 560,000

= $200,000

The value of the machinery would fall by $200,000 to tally it to its fair value.

This trait of a successful entrepreneur is important for multi-tasking. energy
dedication
well-rounded leader
risk-taking

Answers

Answer:

energy

Explanation:

An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.

The following are five (5) characteristics of an entrepreneur;

1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.

2. Passionate: believing in a course and one's ability to achieve much more at a business.

3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.

4. Self-confident: he or she is bold and believes in his or her abilities to excel.

5. Well-rounded leader: it involves being compassionate, fun, organized and intelligent as a successful entrepreneur.

Energy can be defined as the ability (capacity) to do work.

Hence, energy is one of the traits of a successful entrepreneur and it is important for multi-tasking i.e performing multiple tasks at the same time.

In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and to take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.

The personality and unique character of a group is best known as its ________ and includes the group's assumptions, values, beliefs, norms, ideologies, and the structure of its social, political, economic, and religious institutions.
A) group potency
B) group entitativity
C) group identity
D) culture

Answers

Answer:

d as its not any of the others and culture makes most sense

Explanation:

Based on your understanding of bond ratings and bond-rating criteria, which of the following statements is true?A) BBB bonds usually have the lowest yields in the bond markets.B) US government bonds usually have the lowest yields in the bond markets.

Answers

Answer: US government bonds usually have the lowest yields in the bond markets.

Explanation:

Based on the understanding of bond ratings and bond-rating criteria, it should be noted that the US government bonds usually have the lowest yields in the bond markets.

The statement that "BBB bonds usually have the lowest yields in the bond markets" is incorrect.

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