(a) The most you could lose is $50 if you report the stolen card on the same day and there have been illegal charges.
(b) You could lose up to $500 if this occurs more than two business days after the theft.
(c) Since the theft occurred more than 60 days ago, you risk losing the full $950.
Debit cards and bank cards are other names for ATM cards. People utilize it to withdraw money and make purchases. A person is always in charge of keeping their card secure. The owner could lose some or all of his or her savings if it is taken.
According to the Fair Credit Billing Act, a person's responsibility for losing his or her ATM card is $0 if the loss is reported before any unauthorized payments are made. In the event that this does not occur, his or her liability is $50 within two business days, $500 within sixty calendar days, and infinite thereafter.
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Consider the market for caramel and butterscotch ice cream toppings. For each price change, identify the likely effect on the demand curve for caramel topping.
Drag each item on the left to its matching item on the right.
The demand for caramel topping will decrease.
The demand for caramel topping will increase.
The demand curve for caramel topping will remain the same.
The likely effect on the demand curve for caramel topping is:
The demand curve for caramel topping will remain the sameThe price of caramel topping decreasesThe demand for caramel topping will increaseThe price of butterscotch topping increasesThe demand for caramel topping will decreaseThe price of ice cream increasesWhat is demand curve?A demand curve can be defined as the curve that help to show of the relationship between the price of product in the market and the quantity of it that consumers are willing and ready to buy at a particular period of time.
When demand curve slopes downward from left to right it means that as the price of a good or service increases, the quantity demanded decreases.
Therefore the likely effect on the demand curve for caramel topping is: The demand curve for caramel topping will remain the same.
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bsnf logistics is an organization that companies can use to help with their logistics needs. bsnf touts its strong capabilities in land, air, water, and rail services. it creates customized solutions to meet a variety of logistics needs for its customers. bsnf logistics maintains that it has strong expertise in core logistics activities and can often perform these activities more efficiently. bsnf is most likely a(n) .
BSNF Logistics is an organization specifically designed to provide companies with the logistics services they need.
Whether it's land, air, water, or rail transport, BSNF Logistics has the capability to create customized solutions to meet any customer's needs.
With their strong expertise in core logistics activities, they are able to provide services more efficiently and cost effectively than other logistics providers. bsnf Logistics is a 3PL provider, meaning they are a third party logistics provider that offers a variety of services, from warehousing to freight forwarding.
They are also able to provide a range of other services such as customs clearance, cargo insurance, and more.
BSNF Logistics has an advantage over other 3PL providers due to their strong expertise and ability to customize solutions. They are a valuable partner in the logistics industry, providing companies with the resources they need to ensure their goods are delivered on time and within budget.
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the opportunity cost of going to the movies rather than completing your portion of a group project would be
The opportunity cost of going to the movies instead of completing your portion of a group project would be B : "letting your group down".
Opportunity cost refers to the cost of an opportunity forgone. In this case, if you choose to go to the movies instead of completing your portion of the group project, the opportunity cost would be the cost of letting your group down. This means that the cost of going to the movies would be the negative impact it has on your group and their ability to complete the project successfully without your contribution. This is the opportunity you give up by choosing to go to the movies instead of completing your portion of the project.
"
Complete question
The opportunity cost of going to the movies rather than completing your portion of a group project would be
a. getting a bad grade on your project
B. Letting your group down
C. Going to the movies
D. Eating popcorn at the movies
E. Seeing your favorite movie
"
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___________________is used to build and maintain national or local community relationships and is one of the functions of public relations.
Community relations is used to build and maintain national or local community relationships and is one of the functions of public relations.
Community relations helps organizations build positive relationships with the communities in which they operate. This can be achieved through various activities such as community outreach programs, charitable giving, sponsorships, and volunteer initiatives .Having strong community relationships can benefit organizations in a number of ways, including increased visibility and brand awareness, improved reputation, and more positive stakeholder perception. By working to build and maintain strong community relationships, organizations can create a more supportive and positive environment for their operations, employees, and customers. Therefore, community relations is an important part of an overall public relations strategy and helps organizations effectively communicate with and engage with their communities.
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Which of the following calculations are made on the income statement? (select all that apply) a. Net sales - Cost of goods sold= Gross profitb. Income from operations - Interest expense = Income before taxesc. Income before income taxes -Income taxes = Net income d. Earnings per share of common stock outstandingstock outstanding = Net income - Number of shares of commone. Gross profit - Cost of goodssold Income from operationsf. Gross profit - Selling, general,and administrative expenses =Income from operations
The following calculations are made on the income statement (select all that apply) a. Net sales - Cost of goods sold= Gross profit Income from operations - Interest expense = Income before taxes.
An income statement or profit and loss account[1] (also called a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations)[2] is one of a company's financial statements that shows a company's revenues and expenses for a given time period. [It explains how revenues, or the "top line," are transformed into net income or net profit (the result after all revenues and expenses have been accounted for). By examining the income statement, managers and investors can establish whether a company made a profit (profit) or suffered a loss (loss) during the reporting period.A time frame is shown on an income statement.
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a fitness and wellness company decides to introduce a generous parental leave policy for employees. which social responsibility issue is affected in this scenario?
employee relations
Employees demand that their employers give them a secure work environment, fairly compensate them for their efforts, and keep them up to date on company developments. For families with newborn kids, many businesses have started to offer prolonged parental leave.
The multidisciplinary academic discipline of industrial relations, sometimes known as employment relations, focuses on the employment relationship, or the intricate interactions between employers and employees, labor/trade unions, employer groups, and the state.
Because "industrial relations" is frequently thought to have quite specific implications, the more recent word, "Employment Relations," is beginning to take precedent. However, employment ties in the broadest sense, including "non-industrial" employment arrangements, have frequently been the focus of industrial relations. Some people believe that this tendency is similar to one occurring in the unrelated but related discipline of human resource management.
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In a free market society, the answer to the question about how much to produce is determined
by -
A. census data
B. profit projections
C. consumer demand
D. government quotes
In free market society, how much to produce is determined by consumer demand.
What is consumer demand?Consumer demand is a supply-based economic indicator of a group's desire for a good or service. It helps to identify population-specific purchasing trends and acts as a representation of consumer purchasing behavior. Businesses use estimates and data about consumer demand to analyze their pricing, revenues, and sales techniques when selling goods or services. In order to connect consumer demand and market prices for goods and services, demand theory is a collection of economic theories and precepts. The impact of supply, price, and quantity on consumer demand and buying behavior is examined by demand theory. The demand curve, which is a part of economic theory, shows how the demand for a good or service and its price are inversely related.
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there are several markets in the united states. the market where property is exchanged is the question 3 options: commodity market. financial market. real estate market. retail market. none of these.
In a broad sense, any location where securities are traded is considered a financial market. There are numerous varieties of financial markets, such as (but not limited to) the foreign exchange, money, stock, and bond markets.
What Are Financial Markets?Financial markets broadly refer to any setting where securities are traded, including, but not limited to, the stock market, bond market, FX market, and derivatives market. Capitalist economies cannot function well without financial markets.Financial markets are essential for the efficient running of capitalist economies because they distribute resources and provide liquidity to firms and entrepreneurs. Buying and selling financial assets is made simple by the markets. Financial markets provide securities products that offer a return to people with extra money (investors/lenders) and make that money accessible to others who need more cash (borrowers).To Learn more About financial market Refer TO:
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you have just finished creating the project management plan for a project that you are in charge of. which group of stakeholders is best suited to approve the plan? answers a. executive management, functional managers, senior management b. functional managers, project manager, project sponsor c. executive management, project manager, project sponsor d. project manager, project sponsor, senior management
The group of stakeholders is BEST suited to approve the plan Functional managers, project manager, project sponsor.
What are the four different stakeholder types?A typical corporation's investors, employees, clients, and suppliers make up its main stakeholders.
Who are the main project management stakeholders?The project manager, the client, team members from the performing organization, and the project sponsor are typically considered project stakeholders.
What should you think about when creating a project management plan?Scope, schedule, and budget baselines
Management makes strategies for the following factors: procurement, human resources, communications, cost, schedule, and quality.
Plan for managing requirements.
Plan for managing change.
plan for configuration management.
Plan for improving the process.
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Chris’s husband, George, moved out of their home in February of 2022. She had no contact with him since he moved out.
Chris and George are not legally separated. Chris has one child, Mary, age 9.
She will claim Mary as a dependent on her 2022 tax return.
Chris is 31 years old. Chris earned $36,200 in wages and received $50 of interest. Chris was out of work for a month and received unemployment income of $1,800.
Chris paid all the costs of keeping up her home. She provided over half of the support for Mary.
They all are U.S. citizens and have valid social security numbers. They lived in the U.S. all year.
What is the most beneficial of the following filing statuses that Chris is eligible to claim on her 2022 tax return? a. Single b. Married Filing Separately c. Qualifying Surviving Spouse (QSS) d. Head of Household
The most beneficial filing status that Chris is eligible to claim on her 2022 tax return would be "Head of Household". This is because Chris is unmarried and provided.
over half of the support for Mary, who is a dependent. Filing as "Head of Household" allows for a larger standard deduction, a wider range of tax bracket thresholds, and potentially a lower tax rate compared to the "Single" filing status. Chris is not eligible to file as "Married Filing Separately" because she and George are not legally separated. "Qualifying Surviving Spouse (QSS)" does not apply because George is not deceased. She will claim Mary as a dependent on her 2022 tax return. Chris is 31 years old. Chris earned $36,200 in wages and received $50 of interest. Chris was out of work for a month and received unemployment income of $1,800. Chris paid all the costs of keeping up her home. She provided over half of the support for Mary. They all are U.S. citizens and have valid social security numbers. They lived in the U.S. all year.
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if a driver fails to provide proof of responsibility (insurance), what might be a consequence? select all that apply.
If a driver fails to provide proof of responsibility (insurance), the following consequences may apply:
Traffic Citation: The driver may receive a traffic citation for failing to carry proof of insurance, which can result in fines, court costs, and increased insurance rates.
Suspension of License: Depending on the state laws, the driver's license may be suspended if they are unable to provide proof of insurance during a traffic stop.
Vehicle Impoundment: In some cases, a law enforcement officer may impound the vehicle if the driver is unable to provide proof of insurance.
Increase in Insurance Premiums: If a driver is found to be driving without insurance, their insurance premium may increase upon renewal, as they are seen as a higher risk to the insurance company.
Legal Liabilities: If the driver is involved in an accident, they may be held liable for damages and medical expenses, which can result in a lawsuit and significant financial losses.
It's important to note that having proof of insurance is a legal requirement in most states, and failing to carry it can result in serious consequences. Drivers should always make sure that they have up-to-date insurance coverage and carry proof of insurance in their vehicle at all times.
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At the center of all analysis of the marketing environment is the __________ and his/her specific behavior & attitudes.
Choose matching definition
1. Consumer
2. Green
3. Competitors
4. Culture
At the center of all analysis of the marketing environment is the consumer and his/her specific behavior & attitudes.
What goods and services dominate the market is determined by the consumer. A product's quality is determined by its capacity to meet the needs of the consumer. When customers enjoy a product or service, they tend to recommend it to other people who might be interested in it. This increases brand exposure. The old business adage "Customer is King" emphasises the value of customers (and potential customers) in every company. This rule typically calls for an organization to make a commitment to offering satisfied customers good customer service.
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At the close of its first year of operations, december 31, 2019, ming company had accounts receivable of p540,000, after deducting the related allowance for doubtful accounts. During 2019, the company had charges to bad debt expense of p90,000 and wrote off, as uncollectible, accounts receivable of p40,000. What did the company report on its statement of financial position at december 31, 2019, as accounts receivable before the allowance for doubtful accounts?.
The company report on its balance sheet at December 31, 2019, as accounts receivable before the allowance for doubtful account is $590,000.
The following chart illustrates how the accounts receivable before allowance were calculated:
Beginning receivable balance = $540,000
Bad debt = $90,000
Wrote off = $40,000
= Beginning receivable balance + bad debt expense - receivables that are not collected
= $540,000 + $90,000 - $40,000
= $590,000
In the computation section, the account receivable that has not yet been collected should be subtracted while the bad debt will be added because it is an expense.
Therefore, as of December 31, 2019, the company reported $590,000 in accounts receivable before the allowance for doubtful accounts on its balance sheet.
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for the fiscal year ended september 28, 2019, what amount is credited to income summary to summarize its revenues earned?
For the fiscal year ended September 28, 2019, the amount is credited to income is $ 261,981.
What do you mean by revenue?Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations.
Revenue (from the sale of goods or services) less operational expenses equals operating income.
Non-operating income is irregular or one-time money obtained from other sources.
Here,
Calculation of credit income:
Amount credited to the Income summary on Sep 28, 2019:
Net Sales = 260174
Other income = 1807
Total credit = 261981
Therefore, for the fiscal year ended September 28, 2019, the amount is credited to income is $ 261,981.
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A portfolio has an expected rate of return of 0. 15 and a standard deviation of 0. 15. The risk-free rate is 6%. An investor has the following utility function: U = E(r) - (A/2)s^2. Which value of A makes this investor indifferent between the risky portfolio and the risk-free asset?
Answer:
th answer will be 5
Explanation:
0.06 = 0.15 − A/2(0.15)2;
0.06 − 0.15 = −A/2(0.0225); −0.09
= −0.01125A;
A = 8;
U = 0.15 − 8/2(0.15)2 = 6%; U(Rf) = 6%.
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what importance is the check printing to the bank?
Therefore, the two vendors provided personalized consumer checks free of charge.
Specifically,check printing is a valuable development that could help industries streamline their accounting processes. Comprehensive check printing software helps you organize, print, and track your checks effortlessly. Offers more than a check writer. Printing your own business or personal checks is perfectly legal in the US, and no law prohibits you from doing so. However, there are certain standards that paper checks must meet. Although they are not required by law,banks often require them. Printing is a process of mass reproduction of text and images using a master form or template. Early non-paper products related to printing include cylinder seals and objects such as the Cyrus Cylinder and the Nabonidus Cylinders.
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suppose zimbabwe decides to increase its production of toothbrushes by 10. what is the opportunity cost of this decision?
Suppose Zimbabwe decides to increase its production of toothbrushes by 10 the cost of this decision is 3 hairbrushes.
How are toothbrushes produced?
A toothbrush-shaped mold is provided as part of the injection molding process, and molten plastic is then injected into the mold using a hot channel nozzle. Afterward, the toothbrush is cooled and removed from the mold.
If Zimbabwe decides to produce 10 more toothbrushes, it will cost 3 additional hairbrushes as a result of this decision.
Therefore, Typically, an injection molding procedure is used to produce toothbrushes.
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Based on the characteristics of your product, you might adopt a make-to-stock strategy or a make-to-order strategy.
a. True
b. False
The statement "Based on the characteristics of your product, you might adopt a make-to-stock strategy or a make-to-order strategy." is true. The choice between a make-to-stock (MTS) strategy and a make-to-order (MTO) strategy is largely based on product characteristics.
In contrast, the make-to-order strategy is used for products with highly customized or unpredictable demand. In this case, the company does not produce the product until the customer's order is received. The MTO strategy is often used for products with long lead times or for products that are expensive to produce in small quantities.
The choice between MTS and MTO depends on several factors, including the nature of the product, the lead time required to produce the product, the cost of holding inventory, and the degree of customization required.
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taxable income rises by $2,500 and taxes rise by $825. what is the marginal tax rate?
Taxable income rises by $2,500 and taxes rise by $825, so the marginal tax rate is 33%.
The base of an income tax system is referred to as taxable income. In other words, the amount of revenue that was subject to taxation. In general, it comprises all or a portion of the items of income and is lessened by costs and other reductions.
The quantity of additional tax paid for each new dollar of income received is known as the marginal tax rate. Total taxes paid divided by the overall income earned is the average tax rate. With a marginal tax rate of 10%, tax would be deducted from the following dollar of income at a rate of 10%.
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mary suffers $25,000 in uninsured losses in 2020 when her house burns down while she was on vacation. this loss was not due to a federally declared disaster, therefore mary can deduct what amount of the casualty losses relating to her home on her federal income tax return?
According to the Tax Cuts and Jobs Act, casualty losses that were not brought on by federally designated natural disasters were no longer eligible for deduction.
Who can get a refund of their income taxes?
The following situations provide the taxpayer the right to a tax refund: where the advanced tax paid on predicted income is greater than the taxpayer's actual tax burden. Whenever tax that is deducted (TDS) from wages, interest, professional incomes, or other incomes exceeds the tax due under a normal assessment.
Mary could only deduct the $25,000 loss if she made some sort of casualty gain that year that was offset by the loss.
Therefore, However, since there was no earlier gain due to a casualty in this instance, the casualty expense cannot be offset.
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the gross up expenses percentage in the recoveries tab overrides the gross up expenses percentage in the modeling policies when calculating reimbursement. T/F
The given statement "The gross up expenses percentage in the recoveries tab overrides the gross up expenses percentage in the modeling policies when calculating reimbursement" is True because it is based on actual occupancy.
The modeling policies are reviewed in which it covers the research in the economics and the policy.
The gross up expenses is the additional amount of money which has to employer pays as an additional taxes of an employee.
The additional taxes include the social security, Healthcare, Medicare, and additional insurance etc. That's why, gross up expenses percentage in the recoveries tab overrides the gross up expenses percentage in the modeling policies when calculating reimbursement.
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ella mcdonald has determined the following information about her own financial situation. her checking account is worth $650 and her savings account is worth $1,400. she owns her own home that has a market value of $96,000. she has furniture and appliances worth $13,000 and a laptop worth $3,300. she has a car worth $9,500 and owes $8,000 on her auto loan. she has also purchased some stock worth $4,500 and she has a retirement account worth $42,000. what is the total value of her assets?
The total value of her assets is $180,200
Total value of assets = Checking account + savings account + Home + furniture and appliances + laptop + car + stock + retirement account
= $700 + $1100 + $104,000 + $12,000 + $3,400 + $9,000 + $5,000 + $45,000
= $180,200
Total value of assets = $180,200
Total assets are the total book worth of all the assets that a person, business, or organisation has. It is a variable that is frequently used in debt covenants based on net worth. After depreciation associated with the assets is taken into account, the value of a company's total assets is determined.
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According to the marketing concept of the frequency escalator, who resides on the ground level?
The concept is Marketing, which is the process of getting people interested in your company's product or service. The answer is, non-aware non-consumers.
The Frequency Escalator is a marketing tool that examines fan engagement. This concept is also called a fan escalator.
Marketing is the activity, institutions, and processes of creating, communicating, delivering, and exchanging offerings of value to customers, partners, and the general public.
Marketers are responsible for promoting the company and the products and services it sells. People involved in marketing typically organize and implement inbound and outbound advertising campaigns that increase brand awareness and use marketing tactics to persuade consumers to buy from the company.
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the year-end 2020 balance sheet for tom's copy, inc. lists common stock ($1.20 par value) of $114,900, capital surplus of $23,310 and retained earnings of $64,740 . on the 2019 year-end balance sheet, tom's copy, inc. lists retained earnings of $53,030 . the firm's net income in 2020 was $78,000 . no stock was issued or repurchased in 2020. what were dividends per share paid by the firm in 2020?
The dividends per share paid by the firm in 2020 are $0.69.
Retained earnings of 2020 = $64,740
Retained earnings of 2019 = $53,030
So,
Increased in retained earnings = $64,740 - $53,030
= $ 11,710
Net income in 2020 = $78,000
Now,
Dividend paid during the year = $78,000 - $11,710
= $66,290
Number of shares outstanding = $114,900/ $1.20
= 95,750
We get,
Dividend per share = $66,290/ 95,750
= $0.69
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sheila sold her house. her amount realized after selling expenses was $385,000. at the time of the sale, the adjusted basis for the house was $300,000. if all of other conditions are met, what is the gain on the sale of her house?
The gain on the sale of a house is calculated by subtracting the adjusted basis from the amount realized (sales price minus selling expenses) from the sale.
In the case of Sheila, the amount realized after selling expenses was $385,000, and the adjusted basis for her house was $300,000.
To calculate the gain, we subtract the adjusted basis from the amount realized:
$385,000 - $300,000 = $85,000
This means that Sheila has a gain of $85,000 on the sale of her house. This gain is considered taxable income, and she may be required to report it on her federal tax return and pay taxes on it.
It's important to note that the gain may be partially or fully excluded from taxable income, depending on the individual's circumstances and the tax laws in their jurisdiction. For example, under current US tax law, individuals are eligible for a capital gains exclusion of up to $250,000 (or $500,000 for married couples) on the sale of their primary residence, provided they meet certain conditions, such as having lived in the house for at least two of the five years preceding the sale.
In conclusion, the gain on the sale of Sheila's house is $85,000, calculated by subtracting the adjusted basis from the amount realized. This gain may be subject to taxation, but may also be partially or fully excluded, depending on the individual's circumstances and tax laws.
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When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?
Answer: False
Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
you have been assigned to replace a project manager at the beginning of project execution. you are in the process of reviewing the activities completed by the previous project manager. you determine that the previous project manager has completed the schedule and budget. the previous project manager also determined the quality specifications and began checking the products from the project. after confirming that a process improvement plan was created and roles and responsibilities of project team members have been identified, what should you do next? answers a. see if project risks were identified. b. determine if the project management plan was implemented. c. ensure team members know what they are working on next. d. check to see if communications had been planned.
As a project manager, ascertain whether the project management strategy was carried out.
What is Project management?Project management is the process of overseeing a team's work to complete all project goals within the established parameters. The project documentation that is created at the start of the development process typically contains explanations of this data.
Why is project management used primarily?In other words, the goal of project management is to plan and oversee a project in a way that guarantees the accomplishment of its stated objectives and deliverables. It necessitates risk assessment and management, prudent resource allocation, budget creation, and open lines of communication with all pertinent teams and stakeholders.
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What is the incremental cost incurred if the company increases production and sales from 20,000 to 20,001 units?.
Direct materials are $ 6.00, Direct labor $ 3.50, and Variable manufacturing overhead $1.50 is equal to $11 incremental total manufacturing costs.
The total expense incurred as a result of producing an extra unit of a product is known as the incremental cost. The cost of an incremental unit of production is calculated by examining the additional costs incurred during the manufacturing operation, such as raw materials.
Marginal cost is another name for an incremental cost. However, there are a few minor variations between the two ideas. The difference in overall cost caused by producing one extra unit of output is known as the marginal cost.
Something increasing incrementally is described as doing so over a short period of time. An exercise that gradually becomes more challenging is an illustration of something incremental. For instance, if a business has space in its production plan for 10 extra units and the expenses of those units.
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Complete question:
Kubin Company’s relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows:
Average Cost per Unit
Direct materials $7.00
Direct labor $4.00
Variable manufacturing overhead $1.50
Fixed manufacturing overhead $5.00
Fixed selling expense $3.50
Fixed administrative expense of $ 2.50
Sales commissions $1.00
Variable administrative expense $0.50
Required:
What is the incremental manufacturing cost incurred if the company increases production from 20,000 to 20,001 units?
What Is the Contribution Margin Ratio?
The sum of a company's revenue less its variable costs, divided by revenue, is the contribution margin ratio of that company. Sales revenue divided by (Sales income less all variable costs) is the contribution margin ratio.
What is an illustration of a contribution margin ratio?The amount of money a company keeps after paying all variable costs related to creating a product is known as its contribution margin, sometimes known as its gross margin. Your net income, or profit, is obtained by deducting your contribution margin from fixed costs like rent, equipment leases, and employee pay.
The $1,000 total for variable charges. $6000 minus $1,000 equals $5,000, which is the contribution margin. A margin of 83% ($5,000/$6,000) can be seen in the contribution margin ratio. Despite having a greater contribution margin from selling coffee, this café owner makes significantly more money from selling muffins (83% vs. 60%).
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after graduating from college with an accounting degree, you decide to become a rock star. your opportunity costs include which of the following? i. goods forgone to build and furnish a home studio in which to practice and record. ii. tuition costs. iii. forgone income as an accountant after graduating from college with an accounting degree, you decide to become a rock star. your opportunity costs include which of the following? i. goods forgone to build and furnish a home studio in which to practice and record. ii. tuition costs. iii. forgone income as an accountant i only iii only ii only i and iii only i and ii only
My lost income as an accountant is one of my opportunity expenses.
Exactly who are accountants?An accountant is a professional who organizes your company's financial records, such as balance sheets, profit and loss statements, and more, and oversees bookkeeping. They audit your records, produce reports for tax purposes, and more. They also clarify all the business-related financial jargon.
What exactly does a CPA do?An accountant is a professional who compiles balance sheets, profit and loss statements, and other financial data used to run your business. They also oversee bookkeeping. They audit your records, produce reports for tax purposes, and more. They also clarify all the business-related financial jargon.
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