Question 8 of 19
Which of the following is a benefit of division of labor?
O A. Workers become better at their tasks.
B. Salaries increase.
C. Governments gain control of incentives.
D. Taxes outpace profits.
PLEASE PLEASE PLEASE NO LINKS!!!!!!!!!!!!
The right to a safe and healthy workplace is accurately described by which statement? Group of answer choices Over recent years no new categories of accidents or illnesses have emerged. Extensive training and careful precautions are necessary to avoid accidents, injuries, and illness. A very limited number of jobs are potentially hazardous to workers’ safety and health. Regulations and enforcement have failed to curb worker accidents.
Answer:
The correct answer is the second option: Extensive training and careful precautions are necessary to avoid accidents, injuries and illness.
Explanation:
To begin with, all of the other options are describing the fact that the laws that regulate the workplace environment are no necessary or state that are enough. That is why that in the option chosen it is stated that it is absolutely necessary to have extensive training in the areas of work, specially those who are danger, and to take precautions around all so that the accidents can be prevented and the injuries will no happen as well as the illnesses. Therefore that the right to a safe workplace is accurately described by that statement.
How does a decrease in the price level affect the quantity of real GDP supplied in the long run?
A. Changes in the price level do not affect the level of GDP in the long run.
B. In the long run, a decrease in the price level increases inflation, which will decrease real GDP.
C. In the long run, a decrease in the price level will increase real GDP.
D. In the long run, a decrease in the price level decreases inflation, which will decrease real GDP
You are the sales forecaster for a computer store that has nine locations. The stores depend on your projections of future sales in order to make decisions on staffing, advertising, purchasing, and the like. All stores are similar in size and merchandise selection. However, sales vary by location due to geographic considerations, differing customer-bases, and random fluctuations. Sales for 2006 were as follows:
Store 2006 2008
One $12,000,000
Two 11,500,000
Three 11,000,000
Four 10,500,000
Five 10,000,000
Six 9,500,000
Seven 9,000,000
Eight 8,500,000
Nine 8,000,000
Your economic forecasting service has estimated that total sales between 2006 and 2008 should increase by 10% (equivalent to $99,000,000). Your task is to predict 2008 sales for each store. Since your manager believes strongly in the economic forecasting service, it is imperative that your total sales equal $99,000,00
Answer:
A Computer Store
Prediction of 2008 Sales
Store 2006 Predicted 2008 Sales
One $12,000,000 $13,200,000
Two 11,500,000 12,650,000
Three 11,000,000 12,100,000
Four 10,500,000 11,550,000
Five 10,000,000 11,000,000
Six 9,500,000 10,450,000
Seven 9,000,000 9,900,000
Eight 8,500,000 9,350,000
Nine 8,000,000 8,800,000
Total $90,000,000 $99,000,000
Explanation:
a) Data and Calculations:
Estimated increase in total sales between 2006 and 2008 = 10%
Total Sales in 2006 = $90,000,000
Total Sales in 2008 = $99,000,000 ($90,000,000 * 1.1)
Store 2006 Predicted 2008 Sales
One $12,000,000 $13,200,000 ($12,000,000 * 1.1)
Two 11,500,000 12,650,000 ($11,500,000 * 1.1)
Three 11,000,000 12,100,000 ($11,000,000 * 1.1)
Four 10,500,000 11,550,000 ($10,500,000 * 1.1)
Five 10,000,000 11,000,000 ($10,000,000 * 1.1)
Six 9,500,000 10,450,000 ($9,500,000 * 1.1)
Seven 9,000,000 9,900,000 ($9,000,000 * 1.1)
Eight 8,500,000 9,350,000 ($8,500,000 * 1.1)
Nine 8,000,000 8,800,000 ($8,000,000 * 1.1)
Total $90,000,000 $99,000,000 ($90,000,000 * 1.1)
1. Large-denominated ($100,000 and more) time deposits
2. Noncheckable savings deposits
3. Currency (coins and paper money) in circulation
4. Small-denominated (less than $100,000) time deposits
5. Stock certificates
6. Checkable deposits
7. Money market deposit accounts
8. Money market mutual fund balances held by individuals
9. Money market mutual fund balances held by businesses
10. Currency held in bank vaults
Refer to the above list. The assets that are not included in either M1 or M2 are
(Points : 1)
items 1, 5, 9, and 10.
items 2, 5, 8, and 9.
items 1, 3, 5, 7, and 9.
all of the 10 items listed.
Answer:
items 1, 5, 9, and 10.
Explanation:
From the question, it is given that the large time deposits are not be in M1 or in M2. They are also not stock certificates, or the money market funds that may be held by the businesses, or by bank reserves.
Therefore, the correct answer is :
The items of 1, 5, 9 and 10 are not in M1 or in M2.
3.Let us assume that President Joe Biden of USA has decided to decrease tax to improve investment in US. Discuss the impact of this policy on the real exchange rate and net export of Ethiopian economy and use the appropriate graphical analysis.
Answer:
Explanation:
The impact of President Joe Biden's decision to decrease taxes in order to improve investment in the United States on the real exchange rate and net export of the Ethiopian economy would depend on a number of factors, including the specific details of the tax policy and the current state of the Ethiopian economy.
In general, a decrease in taxes in the United States could lead to an increase in investment in the country, which could lead to an increase in the demand for goods and services and a corresponding increase in economic growth. This could lead to an appreciation of the U.S. dollar relative to other currencies, including the Ethiopian birr. This means the relative price of US goods and services will be cheaper than the Ethiopian goods and services.
An appreciation of the U.S. dollar can lead to a decrease in the competitiveness of Ethiopian exports in the global market, leading to a decrease in the net export of the Ethiopian economy. Graphically this can be represented by a shift of the net export curve to the left, meaning that the net export of the Ethiopian economy will decrease.
On the other hand, this policy could also lead to an increase in the inflow of foreign capital into Ethiopia as well, which could lead to an appreciation of the Ethiopian birr relative to other currencies. This means the relative price of Ethiopian goods and services will be cheaper than the US goods and services. This could increase the competitiveness of Ethiopian exports and lead to an increase in net exports for the Ethiopian economy. However, this increase could be more limited than the decrease in net exports as a result of the appreciation of the US dollar.
It's important to note that these are general impacts and there can be a number of other factors that would come into play that would determine the ultimate impact on the Ethiopian economy, such as the effectiveness of the Ethiopian government's monetary policy, the inflation rate, and the external trade policies.
What is one teneit of continuingyour education after graduating high
OA Agerson with a high school degree can enter the job market and
slant eamingimone immediately
OB A person with a college degree typically eans more than someone
with ahigh schaa degree cover time.
C. Aperson with a high school degree tpically eams more than
somesne with a college degree over time.
D. Aperson who goes on to exam a college degres will have to pay the
full cassts of going to college
Over time, a person with a college degree usually has higher value than someone with only a high school diploma. As a result, choice (B) is the best way to respond.
What is Graduation?When a student graduates, their educational institution presents them with a diploma. Additionally, it can be referring to the connected ceremony. Graduation day is the term used to refer to the day of the ceremony. Commencement, congregation, convocation, or invocation are other names for the graduation ceremony.
Graduation in absentia occurs when a student receives their diploma without actually being present at the ceremony.
Hence, option (B) is accurate.
Learn more about Graduation, from:
brainly.com/question/1585326
#SPJ1
Which do you think is the best interest when you save money? Explain your answer.
When saving money, the best interest would be A. Based on financial goals and risk tolerance.
What determines the best interest when saving money ?The best interest when saving money will depend on the individual's financial goals and risk tolerance. Generally speaking, the best interest rate on savings accounts is the one that offers the highest return on investment while also being safe and accessible.
It's important to keep in mind that the best option will depend on the individual's financial goals, risk tolerance, and the amount of money they have to save. For short-term goals, a high-yield savings account or a CD may be the best option. For longer-term goals, an investment in bonds or money market funds may be more appropriate. Consult with a financial advisor or a professional before making any decision.
Find out more on types of interest at https://brainly.com/question/13615434
#SPJ1
Options for this question include:
Based on financial goals and risk tolerance. Based on the amount of money to be madeBased on the location of the investmentA firm has a steady growth rate of 5% per year in its dividend and this growth rate is expected to continue indefinitely. Last year's dividend was $1.20. If the investor requires a 9% return, what is the value of this stock
Answer:
the value of the stock is $31.50
Explanation:
The computation of the value of the stock is shown below
As we know that
The value of the stock is = Dividend × (1 + growth rate) ÷ (required rate of return - growth rate)
= $1.20 × (1 + 0.05) ÷ (9% - 5%)
= $31.50
hence, the value of the stock is $31.50
We simply applied the above formula
Fresh Powder, Inc., manufactures snowboards. Based on past experience, Fresh Powder has found that its total annual overhead costs can be represented by the following formula: Overhead cost = $614,100 + $1.26X, where X equals number of snowboards. Last year, Fresh Powder produced 23,000 snowboards. Actual overhead costs for the year were as expected.
Required:
1. What is the driver for the overhead activity?
For questions 2-4, Enter the final answers rounded to the nearest dollar.
2. What is the total overhead cost incurred by Fresh Powder last year?
$fill in the blank 2
3. What is the total fixed overhead cost incurred by Fresh Powder last year?
$fill in the blank 3
4. What is the total variable overhead cost incurred by Fresh Powder last year?
$fill in the blank 4
For questions 5-7, round your answers to the nearest cent. Use those rounded figures in subsequent computations, if necessary.
5. What is the overhead cost per unit produced?
$fill in the blank 5
per unit
6. What is the fixed overhead cost per unit?
$fill in the blank 6
per unit
7. What is the variable overhead cost per unit?
$fill in the blank 7
per unit
8. Recalculate Requirements 5, 6, and 7 for the following levels of production: (a) 22,300 units and (b) 24,400 units. Round your answers to the nearest cent.
22,300 Units 24,400 Units
Unit cost $fill in the blank 8
$fill in the blank 9
Unit fixed cost fill in the blank 10
fill in the blank 11
Unit variable cost fill in the blank 12
fill in the blank 13
The reason the unit costs changed in the way they did is because:
1) The driver for the overhead activity is the number of snowboards produced.
2) The total overhead cost incurred by Fresh Powder last year is $643,080.
3) The total fixed overhead cost incurred by Fresh Powder last year is $614,100.
4) The total variable overhead cost incurred by Fresh Powder last year is $28,980.
5) The overhead cost per unit produced is $27.96.
6) The fixed overhead cost per unit is $26.70.
7) The variable overhead cost per unit is $1.26.
Unit Costs Recalculated:22,300 Units 24,400 Units
8 and 9) Total unit cost $28.80 $27.58
10 and 11) Unit fixed cost $27.54 $25.17
12 and 13) Unit variable cost $1.26 $1.26
14) The reason the unit costs changed in the manner they did is because the total overhead and fixed cost per unit increase as production units reduce and decrease with increased production.
On the other hand, the variable cost per unit remains fixed with its total increasing or decreasing with production levels.
Total annual overhead costs formula:Overhead cost = $614,100 + $1.26X, where X equals number of snowboards
The number of snowboards produced last year = 23,000 units
At 23,000 Production Units:
Total overhead cost = $643,080 ($614,100 + $1.26(23,000)
Overhead cost per unit = $27.96 ($643,080/23,000)
Variable costs = $28,980 ($1.26 x 23,000)
Variable cost per unit = $1.26 ($28,980/23,000)
Fixed overhead cost per unit = $26.70 ($614,100/23,000)
At 22,300 Production Units:
Total overhead cost = $642,190 ($614,100 + $1.26(22,300)
Overhead cost per unit = $28.80 ($642,190/22,300)
Variable costs = $28,098 ($1.26 x 22,300)
Variable cost per unit = $1.26 ($28,098/22,300)
Fixed overhead cost per unit = $27.54 ($614,100/22,300)
At 24,400 Production Units:
Total overhead cost = $672,934 ($614,100 + $1.26(24,400)
Overhead cost per unit = $27.58 ($672,934/24,400)
Variable costs = $30,744 ($1.26 x 24,400)
Variable cost per unit = $1.26 ($30,744/24,400)
Fixed overhead cost per unit = $25.17 ($614,100/24,400)
Learn more about cost behaviors at https://brainly.com/question/29433716
#SPJ1
On June 30, 2020, Sage Company issued $3,551,000 face value of 13%, 20-year bonds at $3,818,140, a yield of 12%. Sage uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. Your answer is partially correct.
Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts,
(1) The issuance of the bonds on June 30, 2020.
(2) The payment of interest and the amortization of the premium on December 31, 2020.
(3) The payment of interest and the amortization of the premium on June 30, 2021.
(4) The payment of interest and the amortization of the premium on December 31, 2021.
Answer: See attachment
Explanation:
The journal entry to record the transactions has been attached.
1. The issuance of the bonds on June 30, 2020.
Debit Cash $3818140
Credit Premium on bonds payable $267140
Credit Bonds payable $3551000
(2) The payment of interest and the amortization of the premium on December 31, 2020.
Debit Interest expense $229088.4
Debit Premium on bonds payable $1726.6
Credit Cash $230815
(3) The payment of interest and the amortization of the premium on June 30, 2021.
Debit Interest expense $228984.8
Debit Premium on bonds payable $1830.2
Credit Cash $2380815
(4) The payment of interest and the amortization of the premium on December 31, 2021.
Debit Interest expense $228975
Debit Premium on bonds payable $1940
Credit Cash $230815
After a sluggish quarter, the Federal Reserve decides to increase the money supply in the economy. When the money-creation process is complete, the Fed wants there to be $20 billion worth of new funds in the money supply. If the required reserve ratio is 5%, what is the simple money multiplier, and by how much should the Fed initially increase the money supply
Answer:
20 and $1 billion
Explanation:
The computation is shown below"
We know that
Money multiplier = 1 ÷ required reserve ratio
= 1 ÷ 0.05
= 20
Now the amount that would increase the money supply is
= $20 billion ÷ $20
= $1 billion
Hence, in this way it should be determined so that the chances of getting right answers would be high
Therefore the same is relevant
here are seven firms in the automobile industry. The market shares of the firms are 34 percent, 21 percent, 17 percent, 9 percent, 8 percent, 6 percent and 5 percent. Assume that the two (2) smallest companies (in terms of market share) in the automobile industry seek to merge in an effort to realize economies of scale and effectively compete with the larger companies in the industry. If so, then most likely
Answer:
The answer is "Option 4".
Explanation:
The Herfindahl-Hirschman Index formula:
[tex]HHI=s_{12} + s_{22} + s_{32} + s_{42} +........ + s_{n2}[/tex]
here sn is the firm n's share of the market proportion represented the society in general number instead of a decimal
Index Herfindahl-Hirschman:
[tex]= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 62 + 52\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 25\\\\= 2092[/tex]
Index Herfindahl-Hirschman(Result of the merger, firms with profit margins of 6% and 5% provided market shares of respectively).
[tex]= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 112\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 121\\\\= 2188[/tex]
The market with just an HHI of less than 1,500 is called a competitive industry, one on an HHI of 1,500 to 2,500 is called a moderately competitive store, and one on an HHI of 2,500 or higher is considered a highly potent store by us Justice department.
All businesses operate in a moderately crowded market, as well as a merger such as this reduces competition (increases chances of monopoly). Also as result, the Justice Dept may examine its merger but will most likely deny this because the Herfindahl-Hirschman index has risen.
Which of the following generally includes a Tally column? a. bar graph, b. pie chart, c. frequency distribution, d. range
Answer:
C. frequency distribution is the answer.
Explanation:
Match each of the following phrases with the term it describes.
a. Summarizes actual costs, standard costs, and the differences for units produced
b. Actual cost > standard cost at actual volumes
c. Actual cost < standard cost at actual volumes
d. Currently attainable standard
e. Theoretical standard
1. Favorable cost variance
2. Normal standard
3. Ideal standard
4. Budget performance report
5. Unfavorable cost variance
Answer:
a. Phrase: Summarizes actual costs, standard costs, and the differences for units produced
Terms it describes: Budget performance report
b. Phrase: Actual cost > standard cost at actual volumes
Terms it describes: Unfavorable cost variance
c. Phrase: Actual cost < standard cost at actual volumes
Terms it describes: Favorable cost variance
d. Phrase: Currently attainable standard
Terms it describes: Normal standard
e. Phrase: Theoretical standard
Terms it describes: Ideal standard
Reliance Corporation has provided the following information for the year ended December 31, 2019:
The equipment account balance increased $202,000.
The equipment accumulated depreciation account balance increased $35,200.
Equipment costing $50,400 was sold during the year resulting in a $10,300 gain.
Depreciation expense recorded on the equipment during the year was $65,200.
Which of the following statements is correct with respect to determining cash flow from operating activities?
A. A $258,400 cash outflow is reported for equipment purchases.
B. A $62,450 cash inflow is reported from the equipment sale.
C. A $207,000 cash outflow is reported for equipment purchases.
D. A $51,400 cash outflow is reported for the equipment sale.
Answer:
Reliance Corporation
The cash flow from operating activities related to the equipment account is $54,900.
This involves the adjustment of the net income with the depreciation expense for the year ($65,200) and the gain from the sale of the equipment (-$10,300).
Therefore, none of the answers from A to D is correct. The cash outflow for equipment purchases is not an operating activity. The cash inflow from equipment sale is not an operating activity.
Explanation:
a) Data and Calculations:
Increase in equipment account balance = $202,000
Increase in equipment accumulated depreciation account balance = $35,200
Depreciation expense on equipment during the year = $65,200
Accumulated depreciation on equipment sold = $30,000 ($65,200 - $35,200)
Cost of equipment sold = $50,400
Book value of equipment sold = $15,200 ($50,400 - $35,200)
Depreciation expense = $65,200
Gain from the sale of equipment = (10,300)
Cash flow from operating activities $54,900
According to O*NET, what are common skills needed by Psychiatrists? Check all that apply.
social perceptiveness
operation monitoring
speaking
active listening
troubleshooting
equipment selection
According to O*NET, the common skills that is needed by Psychiatrists are:
a. Social perceptiveness
c. Speaking
d. Active listening
Who is a Psychiatrists?A Psychiatrists can be defined as the person whose job is to treat people with mental disorder and to always create awareness about the preventive measure people should make use of so as to prevent mental disorder as by doing this will help to reduce the rate of people with mental disorder.
A Psychiatrists should tend to possess social perceptiveness skills as this will enables him/her to know the reaction of people including the reason why people react or act they way they does.
A Psychiatrists should as well possess speaking skills as well as active listening as this can help to lead to effective communication between the Psychiatrists and the patient. This will enables the patients to pay full attention to what Psychiatrists is communicating to them.
Therefore the correct option are A, C, D.
Learn more about Psychiatrists here:https://brainly.com/question/28207819
#SPJ1
Answer:
Explanation:
acd
Alexia is geographically large and represents a sizable market for a wide range of products. It has a potential for significant growth. It is considered as the regional economic driver. Based on this information, Alexia can be classified as a(n) _____. Group of answer choices contestable market big emerging market two-sided market captive market niche market
Answer:
Alexia is geographically large and represents a sizable market for a wide range of products. It has a potential for significant growth. It is considered as the regional economic driver. Based on this information, Alexia can be classified as a(n) big emerging market. Group of answer choices contestable market big emerging market two-sided market captive market niche market
Question 6 of 10
Why is it important to assign blame in the case of workplace accidents?
A. While it is important to try to prevent accidents, it is not important
to assign blame.
O B. To determine what caused an accident and how similar accidents
can be prevented in the future
O c. So whoever caused an accident will be appropriately punished
D. To fire workers who caused their own injuries
SUBMIT
Answer: To determine what caused an accident and how similar accidents can be prevented in the future
Explanation:
It is important to assign blame in the case of workplace accidents in order to determine what caused it and how similar accidents can be prevented in the future.
Why is blame assignation important after an accident?It is important in order to avoid a re-occurrence of the accident and to ensure that proper measures are taken by whoever is responsible.
It also ensure that everybody learns to keep safety as a watch word to ensure that accidents are almost eradicated at work.
Therefore, the Option B is correct.
Read more about workplace accidents
brainly.com/question/1191444
#SPJ2
A 10-K financial report includes which
of the following financial statements?
A. Statement of Stock Flows
B. Statement of Cash Flows
C. Statement of Debt Flows
The Statement of Stock Flows and Statement of Debt Flows are not included in a 10-K financial report.
What is Stock Flows?Stock Flows is an investment strategy that involves buying and selling stocks with the aim of generating profits from short-term price movements. This strategy focuses on technical analysis to identify price trends and momentum, which can be used to predict when to buy and sell stocks. By carefully timing their trades, investors can capitalize on small movements in stock prices to generate returns. Stock Flows takes advantage of short-term market volatility to capture profits, and it is often used by traders and investors who are looking to profit from stock market movements in the short-term.
To learn more about Stock Flows visit :
https://brainly.com/question/13017869
#SPJ1
Some companies require multiple interviews as part of their hiring processes.
True
False
i hope it helps
Assume the following information appears in the standard cost card for a company that makes only one product: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 5 pounds $ 11.00 per pound $ 55.00 Direct labor 2 hours $ 17.00 per hour $ 34.00 Variable manufacturing overhead 2 hours $ 3.00 per hour $ 6.00 During the most recent period, the following additional information was available: 20,000 pounds of material was purchased. The materials price variance was $10,000 F. All of the material that was purchased was used to produce 3,900 units. 8,000 direct labor-hours were recorded at a total cost of $132,000. What is the actual price per pound of materials
Answer:
Actual price= $10.5 per pound
Explanation:
To calculate the actual price per pound of material, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
10,000= (11 - actual price)*20,000
10,000= 220,000 - 20,000actual price
20,000actual price= 210,000
actual price= $10.5
Boone Co.'s sales, based on past experience, are 20% cash and 80% credit. Credit sales are typically collected as follows: 40% in the month of sale, 50% in the month after the sale, and 10% in the second month following month of sale. On December 31, the accounts receivable balance is $73,500, of which $27,000 is from November sales. Total sales for January and February are budgeted to be $113,000 and $133,000, respectively. What are Boone Co.'s budgeted cash receipts for January
Answer:
$135,260
Explanation:
Remember to follow the cash collection history to determine the budgeted cash receipts for January.
Budgeted cash receipts for January
January Cash Sales $113,000 x 20% $22,600
January Credit Sales $113,000 x 80% x 40 % $36,160
December Credit Sales ($73,500 - $27,000) $46,500
November Credit Sales $27,000
Total $135,260
Therefore,
Boone Co.'s budgeted cash receipts for January is $135,260
What are the specific characteristics that define the private enterprise system? How does this type of system encourage innovation? Provide an example that helps to illustrate this and explain.
M9.5 Peter Sagan is in charge of maintaining hospital supplies at Champs Hospital. During the past year the mean weekly demand for a special type of tubing was 186 packages of this tubing with a standard deviation of 13 packages of tubing. The lead time for receiving this tubing from the supplier is 1.5 weeks. Peter would like to maintain a 95% service level and places an order for 750 packages every time an order is placed. a) How much safety stock should be used for a 95% service level
Answer:
26 packages
Explanation:
Given that:
The demand D = 186 packages in a week
Standard deviation = 13packages
The lead time L = 1.5 weeks
Order quantity Q = 750 packages
The Confidence service Level = 0.95
At the service level (SL) if we find the P(Z) of the SL using Excel, we have:
P(Z) = NORMSINV(0.95)
P(Z) = 1.64
Thus;
the safety stock = Z × SD√L
[tex]= 1.64 \times 13 \sqrt{1.5} \\ \\[/tex]
= 1.64 \times 13 (1.224745)
= 1.64\times15.92
= 26.11156
≅ 26 packages
Plimpton Company produces countertop ovens. Plimpton uses a standard costing system. The standard costing system relies on direct labor hours to assign overhead costs to production. The direct labor standard indicates that two direct labor hours should be used for every oven produced. The normal production volume is 100,000 units. The budgeted overhead for the coming year is as follows:
Fixed overhead $770,000
Variable overhead 444,000
Plimpton applies overhead on the basis of direct labor hours. During the year, Plimpton produced 97,000 units, worked 196,000 direct labor hours, and incurred actual fixed overhead costs of $780,000 and actual variable overhead costs of $435,600.
Required:
1. Calculate the standard fixed overhead rate and the standard variable overhead rate.
2. Compute the applied fixed overhead and the applied variable overhead.
What is the total fixed overhead variance?
What is the total variable overhead variance?
3. Break down the total fixed overhead variance into a spending variance and a volume variance.
Spending Variance $
Volume Variance $
4. Compute the variable overhead spending and efficiency variances.
5. Now assume that Plimpton’s cost accounting system reveals only the total actual overhead. In this case, a three-variance analysis can be performed. Using the relationships between a three- and four-variance analysis, indicate the values for the three overhead variances.
Answer:
Explanation:
Hours Required Per Unit = 2
Production Volume = 100,000
Total Hours required = 200,000 units
1. The standard fixed overhead rate will be:
= Fixed overhead/Total hours required
= $770,000/200,000
= $3.85/hour
The standard variable overhead rate will be:
= Variable Overhead /Total Hours required
= $440,000/200000
= $2.22 /hour
2. The applied fixed overhead will be:
= standard fixed overhead rate × actual production × hours required per unit
= 3.85 × 97000 × 2
= $746,900
The applied variable overhead will be:
= standard variable overhead rate × actual production × hours required per unit
= 2.22 × 97000 × 2
= $430,680
The total fixed overhead variance will be:
= Actual overhead - Standard overhead
= $435600 - $430680
= $4920
The total variable overhead variance will be:
= $780000 - $746900
= $33100
3. The spending variance of the total fixed overhead variance will be:
= (3.85 × 200000) - 780000
= -10000
The volume variance of the total fixed overhead variance will be:
= 746900 - (3.85 × 200000)
= -23100
4. The variable overhead spending variance will be:
= (2.22 × 196000) - 430680
= -480
The variable overhead efficiency variances will be:
= 430680 - (2.22 × 196000)
= -4440
5. Based on the information given, the variances will be:
Volume Variance = -23100
Efficiency Variance = -4440
Spending Variance = (-480-10000) = -10480
3. Discuss clearly each authors/contributors theories/principles/assumptions.
Authors are writers of a book or piece or writing.
Contributors give money or some form of wealth to a cause they are contributing to.
Theories are not considered facts but are based off of thoughts.
Principals are like guidelines to doing something in a better or good way. Assumptions are thinking that something is a certain way even though you may not have any evidence to support that.
What is functionalism social stability?Functionalism social stability has been known as the key to have a strong society, and adequate socialization and social integration are necessary to achieve social stability. Conflict theory society is full of pervasive inequality based on social class, gender, and other factors.
The theory, functional theory for instance, can be used to understand it by knowing that Society’s social institutions perform important functions to help ensure social stability. The essence of such show is to bring about social stability
Conflict theory can help understand that far-reaching social change is needed to reduce or eliminate social inequality and to create an egalitarian society while functional theory is used to understand the show for social stability, the other theory, conflict theory, us used to bring about social equality.
Therefore, Authors are writers of a book or piece or writing.
Contributors give money or some form of wealth to a cause they are contributing to.
Learn more about Contributors on:
https://brainly.com/question/29870684
#SPJ2
3. You should always make sure you have a...
Credit card
Direct deposit
Credit line
Budget
You must therefore make sure we have a budget, goes their suggested remark.
What makes it a budget?Budgeting comes derived from this same Old French word bougette, which means "small sack." The British treasurer of the Exchequer is referred to as "opening" his budget, or basket of documentation and accounts, when he presents his yearly financial statement.
Who created the budget?James Wilson delivered a first Indian Budget dated February 18, 1869. Wilson founded The Economist and served as the economic representative of the India Council, which provided advice to the viceroy of India. Karl Marx referred him Wilson as a "economical mandarin of great standing."
To know more about Budget visit:
https://brainly.com/question/28145266
#SPJ1
The current stock price of Alcoa is $25, and the stock does not pay dividends. The instantaneous risk-free rate of return is 4%. The instantaneous standard deviation of Alcoco's stock is 30%. You want to purchase a put option on this stock with an exercise price of $30 and an expiration date 30 days from now. According to the Black-Scholes OPM, you should hold __________ shares of stock per 100 put options to hedge your risk.
Answer:
≈66 shares
Explanation:
Given data:
Current price ( S ) = $25
strike price ( K ) = $30
risk free rate ( r ) = 4% = 0.04
Standard deviation ( std ) = 30% = 0.3
In( s/k ) = In ( 25/30 ) = -0.1827
t = 30 / 365
To determine the number of shares of stock per 100 put options to hedge the risk we will apply the relation below
Number of shares to hedge risk = | N(d1) - 1 | * 100 ----- ( 1 )
where :
[tex]d1 = \frac{In(\frac{s}{k}) + ( r +\frac{std^2}{2})*t }{std\sqrt{2} }[/tex]
N(d1 ) = cumulative distribution function = 0.3394
back to equation 1 = 0.6606 * 100 = 66 shares
attached below is the remaining part of the solution
Not all industries and not all firms have sufferedequally during COVID-19. Find two industries: one that suffered tremendously and one that suffered less. Then find two firm within each other of the two industries: one
that suffered tremendously and one that improved performance (total of four firms). Investigate what are behind their performance differences.
Wide-ranging effects on company turnover between and within "high-contact" industries, including wholesale and retail, transportation and storage.
What sectors of the economy were unaffected by COVID?Administrative and waste management services and professional, scientific, and managerial services are the other two areas that COVID-19 has least of an impact on. Real estate, finance & insurance, and rental & leasing.
What impact has COVID-19 had on the business field sector?During the coronavirus pandemic in 2020, 6.0 percent of businesses cancelled, 9.7 percent postponed, 8.2 percent lowered, and 1.5 percent increased part of their anticipated capital expenditures. A total of 1.7 percent of businesses made new, unplanned capital investments.
To Know more about company turnover
https://brainly.com/question/29214829
#SPJ1