Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $22.50 per hour. During July, Whitman paid $189,600 to employees for 8,900 hours worked. 4,760 units were produced during July. What is the direct labor efficiency variance
Answer:
the direct labor efficiency variance is $13,950 favorable
Explanation:
The computation of the direct labor efficiency variance is shown below:
= (units produced × required hours per unit -hours) × standard wage rate
= (4,760 units × 2 hours - 8,900 hours) ×$22.50
= $13,950 favorable
hence, the direct labor efficiency variance is $13,950 favorable
we simply applied the above formula
What can you say to encourage a customer to buy?
An encouraging phrase to get a customer to buy could be: "This is a great product and I think it will really benefit you. It's a great investment that will pay off in the long run."
The phrase acknowledges the value of the product and emphasizes the potential benefits that the customer could get from buying it. Additionally, it emphasizes that the purchase is a good investment, implying that the customer will get more than their money's worth. By emphasizing the value of the product and the potential benefits they could receive, customers may be more likely to make the purchase.
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A bill of materials for a menu item in a restaurant is also called a A. bill of ingredients. B. product specification. C. food bill. D. recipe.
What are the portfolio weights for a portfolio that has 170 shares of Stock A that sell for $91 per share and 145 shares of Stock B that sell for $110 per share
A collection of securities or financial assets is called a portfolio. Because diversification reduces a significant portion of the risk associated with a single security, rational investors invest in a portfolio of securities.
How is portfolio weight return calculated?It's not hard to figure out. To convert to a percentage, simply divide the cash value of each stock position by the total value of your portfolio and multiply by 100. How dependent each of your individual stocks is on the performance of your portfolio is shown by these weights.
The proportion of a portfolio that is invested in a security is called portfolio weight. It is calculated by dividing a security's dollar value by the portfolio's total dollar value.
The portfolio weights are shown in the following table:
Stock Value Weights
A 145 x 86 equals $12,470 0.54
B 120 x 90 equals $10,800 0.46
Total $23,270 1 Weight of A equals 12,470 x 23,270 = 0.54
Weight of B equals 10,800 x 23,270 = 0.46.
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The portfolio weights for Stock A is 0.4923
The portfolio weights for Stock B is 0.5076
How to calculate?first step: calculate the total value
= 170 (91) + 145 (110) = 15470 + 15950 = $31420
hence,
portfolio weights for each stock is calculated as:
Stock A = 170 (91) / 31420 = 0.4923
Stock B = 145 (110) / 31420 = 0.5076
Why is a 60/40 portfolio good?A 60/40 portfolio invests 60% of your assets in stocks and 40% in bonds. The purpose of the 60/40 split is to minimize risk while generating returns, even during periods of market volatility. The potential downside is that it probably won't produce as high a return as a stock-only portfolio.
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where are the final goods and services produced that are included in germany's gdp?
In Germany, the final goods and services produced are included in Germany's GDP.
Germany has a social market economy that is very advanced. Its national economy is the biggest in Europe, ranks fourth globally in terms of nominal GDP, and ranks fifth globally in terms of GDP (PPP). The International Monetary Fund estimates that in 2017, the nation contributed 28% to the economy of the euro region (IMF).
Germany is a founding member of both the Eurozone and the European Union. With a $310 billion trade surplus, Germany had the largest surplus ever in 2016.
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Use the most recent C.F.R. Index (published by Thomson Reuters/West). a. Which C.F.R. title and part deal with the adulteration or misbranding of infant formulas? b. Which C.F.R. title and part deal with using a badge, emblem, or insignia on advertisements for wine? (i) Review this provision. May a bottle of wine used in an ad display the U.S. Navy flag or insignia? (ii) What provision governs your answer? c. Which C.F.R. title and part deal with Flammability standards for children's sleepwear (size 3)?
The CFR is published on a quarterly schedule and is updated once a year. Every book has chapters that, in most cases, bear the name of the publishing company.
What is nightwear called in USA?106.140 - Submission on a change to infant formula that could adulterate the product. Notification of contaminated or misbranded infant formula, per Section 106.150.The United States' food and drug regulations are governed by Section 21 of the Code of Federal Regulations, or CFR. Part 11 deals with the standards under which electronic documents and signatures are deemed safe.One of the most well-liked wines in Kenya is 4th Street Wines.The wine has an 8% alcohol concentration and a naturally sweet taste. The wine is currently sold in 750ml, 1.5 litre, and 5 litre cask sizes. Pajamas (US) or pyjamas (Commonwealth), often known as PJs, pyjamas, or night suits in South Asia, are various comparable styles of clothes used as nightwear, while resting, or while completing remote work from home.To learn more about CFR index refer to :
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How do you keep up with a changing work environment?
Keep up with a changing work environment are Stay informed, Network, Adapt, Ask questions, Stay organized, Take initiative, and Be flexible.
What is environment?Environment is the natural world around us that is made up of living and nonliving things, including air, water, and land. Environment also includes physical features like mountains, forests, and deserts, as well as human-made features like buildings, roads, and dams. It is important to protect the environment as it provides us with resources to survive and also helps keep the Earth's climate in balance.
1. Stay informed: Keep up with industry news and trends to stay ahead of the curve.
2. Network: Attend conferences, seminars, and other events to stay connected with the latest developments in your field.
3. Adapt: Be open to learning new skills and technologies to stay competitive.
4. Ask questions: Don’t be afraid to ask questions and seek advice from colleagues and mentors.
5. Stay organized: Develop systems and processes to help you stay on top of your workload.
6. Take initiative: Look for opportunities to take on new projects and challenges.
7. Be flexible: Be willing to adjust to changing circumstances and priorities.
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pyramids were designed to be ?
A.regional palaces
B. temples
C. government
D. tombs
Answer:
D
Explanation:
tombs
Answer:
D
Pharoahs needed to be buried under the pyramids, which would make them tombs
Clara is a clerk at a retail outlet. She earns $35,000 a year. She is allowed to work her schedule around her daughter's school athletic events, and because she has seniority over the other clerks, rarely has to work holidays. Jeff is a new designer for an engineering firm. He earns $75,000 a year. He must be at the office Monday through Friday from 8:00 to 5:00. His wife attends all their children's school events. His job is stressful, and if a project is due, he often works weekends and sometimes holidays, although from home. How would you compare Clara and Jeff's levels of job satisfaction
The three major job attitudes are Job satisfaction, Job involvement, and organizational commitment. More or less they all represent the same thing as whether the person is liking the job or not. Job satisfaction is about having a positive or negative feeling about the job.
Job Involvement is the level of involvement a person has in his or her job and how much they identify with the job's relevance and importance in the organization. Organizational commitment comes when a person wants to stay in the job because he or she likes the organization's values, culture, and job environment.
At the time of finishing up or bankruptcy of an organization, it desires to repay its money owed. The order wherein those are repaid is known as seniority. Description: All securities, be it bonds or stocks, are issued via the agency with a positive seniority connected to them.
With appreciation to an enterprise's capital structure, seniority refers back to the order of compensation to safety holders in the case of a default through the issuing employer. due to its extra degree of protection, a senior safety will typically provide lower returns than securities under it in the seniority hierarchy.
All securities, be it bonds or stocks, are issued with the aid of the organization with a certain seniority attached to them. As apparent, senior debts want to be paid before the junior ones. commonly, bonds/debts are the securities to be repaid first in case of polishing off of an organization.
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who likes taco bell because i do
How does competition affect the free enterprise system?
Competition affects the free enterprise system to consumers rather than numerous clones of the same product.
Businesses contend against each other to offer products and services consumers want in a free enterprise system rather than the government decreeing what can and can not be vented. Competition is a driving force of free enterprise, performing with lesser effectiveness and lower prices for the consumer—countries embracing free request principles profit from an advanced standard of living.
The U.S. profitable system of free enterprise has five main principles the freedom for individualities to choose businesses, the right to private property, gains as an incitement, competition, and consumer sovereignty.
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What are the four steps in solving one's personal financial challenges?
The four steps that are involved in solving one's personal financial challenges are-
considering opportunity costs.assessing risks and returns.setting short- and long-term goals.assessing needs and wants.Financial challenges refers to being unable to pay debts over the short or long term. The financial challenges can be caused various reasons such as- by losing a job or being retrenched, being unemployed or unable to find sufficient work, having debts that can't be paid, or worrying about expected financial pressures.
Causes of financial challenges-
Lack of financial knowledgePersonality traitsEconomic factorsRelationship issuesUnexpected hardshipsThe fixing of a financial problem will depend on the cause and specific issue. The main should be to not just fix your short-term financial issues but to make a plan to also improve your financial situation for the future.
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The Great Resignation, also known as the Big Quit, is an economic trend in which employees voluntarily resign from their jobs en masse, beginning in early
The Great Resignation, also known as the Big Quit, is an economic trend in which employees voluntarily resign from their jobs en masse, beginning in early 2021. This trend was a result of the COVID-19 pandemic and the economic downturn it caused.
Many employees were facing job insecurity and financial instability and chose to resign in search of more stable employment opportunities. The trend was also a result of the shift towards remote work, which enabled employees to explore job opportunities in different locations. The Great Resignation had a significant impact on the labor market, causing an increase in unemployment and a shortage of workers in certain industries. It also highlighted the need for more flexible and secure employment options for employees and the potential changes in the way we work and live due to the pandemic.
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Assume a tax rate of 35%. Calculate the following using balance-sheet figures from the start of the year and Income statement figures from the end of the year: a. Calculate the return on assets. (Enter your answer as a percent rounded to 2 decimal places. ) b. Calculate the operating profit margin. (Enter your answer as a percent rounded to 2 decimal places. ) c. Calculate the sales-to-assets ratio. (Round your answer to 2 decimal places. ) d. Calculate the inventory turnover. (Round your answer to 2 decimal places. ) e. Calculate the debt-equity ratio. (Round your answer to 4 decimal places. ) f. Calculate the current ratio. (Round your answer to 3 decimal places. ) g. Calculate the quick ratio. (Round your answer to 4 decimal places. )
Profit margins are perhaps one of the simplest and most widely used financial ratios in corporate finance.
What is profit margin?Profit margins are perhaps one of the simplest and most widely used financial ratios in corporate finance. A company’s profit is calculated at three levels on its income statement, starting with the most basic—gross profit—and building up to the most comprehensive: net profit. Between these two lies operating profit. All three have corresponding profit margins calculated by dividing the profit figure by revenue and multiplying by 100. Profit margin conveys the relative profitability of a firm or business activity by accounting for the costs involved in producing and selling goods. Margins can be computed from gross profit, operating profit, or net profit. The greater the profit margin, the better, but a high gross margin along with a small net margin may indicate something that needs further investigation.
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U. S. Currency is part of.
a. M1 only
b. M2 only
c. M3 only
d. M1, M2, and M3
It is U.S. government policy that all designs of U.S currency remain legal tender, regardless of when they were issued.
What are US dollars classified as?The USD (United States dollar) is the official currency of the United States of America. The United States dollar, or U.S. dollar, is made up of 100 cents. It is represented by the symbol $ or US$ to differentiate it from other dollar-based currencies.The U.S. dollar is considered a benchmark currency and is the most used currency in transactions across the world. In addition, it is used as the official currency in many territories outside of the U.S., while many others use it alongside their own as an unofficial currency.The U.S. dollar is considered a benchmark currency and is the most used currency in transactions across the world. In addition, it is used as the official currency in many territories outside of the U.S., while many others use it alongside their own as an unofficial currency.To learn more about currency refer to:
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What is the disadvantage of buying in bulk?
Bulk buying is the purchase made in one transaction and at a lower price, often of a large number of units in the context of supply chain management.
What is the disadvantage of buying in bulk?When you purchase in bulk, your brand and product options may be limited. If you have particular requirements or like a certain brand, this could be a problem.
Less freedom may result from bulk purchasing because you may be committed to a specific product for an extended length of time. If your needs alter or the product is withdrawn, this can be a problem. When you buy in bulk, you may also need more storage space because you'll have to keep the items in storage until you need them. If you don't have a lot of room, this can be a problem.
Bulk purchases can occasionally result in buyer's regret because you might not be able to exchange the item if you're unhappy with it.
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Gibraltar Investment Advisers opened for business last week. Because of the clients brought over from previous affiliations of their IARs, they have started with $94 million under management for various individual and corporate clients. They also signed a contract to manage an additional $10 million for a wealthy individual. Gibraltar will begin managing that individual's portfolio at the beginning of the next calendar quarter. Which of the following best describes Gibraltar's investment adviser registration requirements?
A) Gibraltar would be eligible to register at the federal level.
B) Gibraltar need not register as an investment adviser because it will manage funds for an institutional investor.
C) Gibraltar's only option is to register at the state level because it currently manages less than $100 million in client funds.
D) Gibraltar must register with the state(s) and then, within 90 days of the receipt of the additional $10 million, must register with the SEC.
Answer:
A) Gibraltar would be eligible to register at the federal level.
Explanation:
In the case when an investment adviser would anticipates having at minimum $100 million under the managment within 120 days so it is eligible for becoming a federal covered advisor by registered with the SEC. ALso Gibraltar would have AUM in excess of $100 millon by the starting of the next quarter. In the case when AUM does not reach til $110 million so SEC would not be so important.
Therefore the option a is correct
The private enterprise system assumes that competition benefits consumers. Group of answer choices True False
The given statement is true about the private enterprise system assumes that competition benefits consumers.
Consumers are individuals or groups who do not actively engage in entrepreneurial or commercial operations but who plan to order or use acquired goods, services, or products primarily for personal, social, family, or household requirements. A person who buys products and services for personal consumption is most frequently referred to by the word. The primary goal of a consumer's purchases in an economy is consumption, not resale or business. Buyers of products or services make a financial investment before consuming. As a result, consumers are a core component of all economies and play a crucial role in the economic system of a capitalist society. Without consumer demand, one of the main driving forces behind production the desire to sell to customers would not exist.
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The industrial group VAN DAM shows a net result, 80% of which is from its financial income. State your views.
I believe it is a positive indicator that the VAN DAM industrial group derives 80% of the net result from its financial income. It shows that the business is able to generate revenue and profit through its financial investments, which is a sign of good financial health.
However, it is important to remember that financial income is not the only source of income for a business, so it is important to consider other sources of income. It is also important to understand the reasons why a business is able to generate such a high percentage of its income from its financial investments. This can help identify strategies and areas of focus that can help the business grow and diversify its revenue streams.
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Which of the following factors should be considered when choosing the mode, class, and carrier for a shipment: a. Service requirements of the customer
b. The cost of the transportation service
c. The characteristics of the product
d. The transit time offered by the carrier
e. All of the above
All of the above factors should be considered when choosing the mode, class, and carrier for a shipment.
What is shipment?
Shipment is the physical process of transporting goods from one location to another. It typically involves packing, loading, transporting, unloading and unpacking of goods. It is usually done by ground, air or sea transportation, but it can also involve other modes of transport such as rail. Shipments typically involve the movement of goods from one place to another, often across international borders. The goods are usually sent from the origin to the destination in containers, trailers, pallets, crates, packages and other forms of packaging. The goods may also be accompanied by documents such as bills of lading, packing slips and manifests. The purpose of shipment is to ensure prompt, safe and cost-effective delivery of goods from one place to another.
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What is the reason the following statement is incorrect?The price of tuition at a specific university increased from what it was the previous year, but enrollment at the university still increased. This implies that the law of demand has been violated.Ø The ceteris paribus condition has been violated.The law of demand depends on ceteris paribus. Since other factors that might shift the demand curve for university education were not taken into account and were not held constant, we cannot say that the law of demand has been violated.
The price of tuition at a specific university increased from what it was the previous year, but enrollment at the university still increased is the reason the following statement is incorrect.
Even though a particular university's tuition climbed from the year before, enrollment grew at the institution still. This suggests that the law of supply and demand is not always true. A violation of the ceteris paribus requirement has occurred. Less demand for the good or service results from this. Even though everything is priced increased the same, they will purchase less of everything. Due to the income and substitution effects, a product's price statement results in a drop in the quantity required. The shift to the right interpretation demonstrates that buyers seek more product at each price when demand rises.
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An organization's ________ expresses the need the firm will fill, the operations of the business, its components and functions, and the expected revenues and expenses.
An organization's Business model expresses the need the firm will fill, the operations of the business, its components and functions, and the expected revenues and expenses.
The strategy a business uses to turn a profit is referred to as its business model. It lists any estimated costs as well as the goods or services the company intends to sell, as well as its chosen target clientele. Both new and existing businesses need strong business models.
A straightforward company plan implements a value proposition via a single service or product (compare value proposition). A complicated business model uses one, several, or a combination of products, services, or both to address a broader, more complicated value proposition.
Virtuous cycles produced by effective business models eventually lead to competitive advantage. Smart businesses know how to boost their own virtuous cycles, undermine those of competitors, and use their own virtuous cycles to counterbalance the strengths of rivals.
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An investor who buys the common stock of a levered firm is subject to more risk due to the addition of
Legal and administrative costs increase the risk that an investor takes on when purchasing a company's common stock shares.
Why does leverage raise the risk to shareholders?According to the study, investors request bigger returns when leverage rises in order to make up for the increased financial risk. As a result of shareholders expecting larger returns to make up for the increased financial risk, the outcomes make economic sense.
What connection exists between the return and leverage risk?With leverage, the assets' risk (and thus return) is reduced. This suggests that when leverage increases, the debt to equity ratio raises the return on equity while the return on assets decreases it.
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explain the difference between gross pay and net pay.
Answer:
Net pay is the amount of money that will finally be available to you. Using our last example, if you earned $450.00 in gross pay, your net pay will be the amount that ends up in your bank account after taxes and other fees have been taken out.
Explanation:
Do good!
When individuals go from government to business, and business to government, often in relatively short stints, it is called what
When individuals go from government to business, and business to government, often in relatively short stints, it is called the revolving door.
The phrase "revolving door" refers to instances where a public official or employee resigns from or relinquishes their position in the public eye to advocate for their own or other private entities before the same government.
Such instances have become more common in democracies in recent years as a result of increased lobbying efforts, which has sparked discussion about the extent to which former government officials are permitted to use the contacts and knowledge.
They have built up during their time in the public sector to enrich themselves or exert undue influence over legislation that is currently being drafted or amended.
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Which of the following is the most accurate statement about the impact of business on society?
a. Businesses often improve the quality of life, but can do little to improve the standard of living of most people due to inflation.
b. When businesses earn a profit for their owners, they usually do so at the expense of the rest of society, which proves it is never a win-win situation.
c. While businesses often improve the standard of living within a society, they can do little to improve the quality of life.
d. Businesses can have a positive impact on both the standard of living and the quality of life within a society.
The one that is the most accurate statement about the impact of business on society is option D. Businesses can have a positive impact on both the standard of living and the quality of life within a society.
What is the impact of business in today's society?Businesses play a significant role in today's society by providing goods and services that meet the needs and wants of consumers. They also create jobs and economic growth, and contribute to the development of communities and countries.
However, businesses can also have negative impacts on society, such as environmental degradation, exploitation of workers, and contributing to income inequality.
Therefore, it is important for businesses to operate in a socially responsible and ethical manner.
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Sasha makes pies and sells them from her food truck to local businesses. The business gives them to their employees to celebrate milestones. This is an example of a(n)
The business gives them to their employees to celebrate milestones. This is an example of Catering service.
What is business?Business is an economic activity involving the exchange of goods and services between buyers and sellers. It is a commercial activity conducted between two or more parties to generate profit and increase wealth. Businesses involve activities such as production and distribution of goods and services, marketing, finance, accounting, and human resource management. Businesses can be small, medium, or large and can be either privately or publicly owned. They can be operated locally, regionally, or globally. Businesses have a major impact on the economy, with some businesses having a larger economic impact than others.
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The transportation development described in the excerpt had which of the following effects on agriculture in the United States
To counter the dominance of rail companies, farmers created cooperative associations.
What do you meant by transportation development?What recent innovations best explain the shift in agriculture shown in the graph? New towns and cities that needed agricultural products grew as a result of the extraction of western resources.
Which of the following best explains why technical innovation's impact on the manufacturing of commodities continued into the late 1800s? The amount of things that factories could produce rose as a result of new industrial equipment.
Due to the restriction on immigration from eastern Asia in the late 1800s, violent conflicts increased in the western United States. Debate about how to set up the country's economy was sparked by economic changes.
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True or false: In corporate communications, the principal business ethic today is brevity. True false question. True False
In corporate communications, the principal business ethic today is brevity. - False
The management and coordination of all internal and external communications with the goal of fostering a positive perception among the company's key stakeholders constitutes corporate communication. Brevity is frequently praised in corporate communications for its capacity to effectively and concisely deliver information. It is not, however, always the fundamental business ethic.
Transparency, honesty, and clear and accurate communication are other crucial principles in business interactions. Additionally, being able to customize messages for various audiences and present information in an understandable way are frequently necessary for efficient corporate communication. Therefore, in corporate communications, a balance between brevity and completeness is usually valued.
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What are some trends impacting human resource management?
Trends impacting human resource management are: Automation, Big Data, Workplace Culture, Employee Engagement, Globalization.
What is human resource?
Human Resources (HR) is the department within a company responsible for the management of people and their relationships. HR is responsible for recruitment, employee orientation and training, labor relations, payroll and benefits, employee performance management, and compliance with applicable laws and regulations. HR is also responsible for creating and implementing effective strategies to attract, retain, and motivate employees. The ultimate goal of HR is to ensure that the organization's human capital is used effectively and efficiently to meet the organization's goals and objectives.
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