Answer:
Raw materials
Explanation:
Raw materials refer to items that go into the production systems to produce other goods. They are substances or materials that are processed to make consumable or usable finished products. They include vegetables, flowers, crude oil, animal products, minerals, wood, resin, and latex.
Answer:
It's B - Raw materials
Explanation:
on edge 2021
West Company estimates that overhead costs for the next year will be $3,800,000 for indirect labor and $970,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 106,000 machine hours are planned for this next year, what is the company's plantwide overhead rate?
Answer: $45 per machine hour
Explanation:
Company uses machine hours as its overhead allocation base and there were 106,000 machine hours planned.
The overheads are $3,800,000 for indirect labor and $970,000 for factory utilities.
The rate will therefore be;
= Total Overhead / Machine hours
= (3,800,000 + 970,000) / 106,000
= $45 per machine hour
A part of a business's message that distinguishes it from all its competitors
is referred to as what?
A. Cultural sensitivity
B. Unique selling proposition
C. Superiority clause
D. Isolation technique
Answer:
Unique selling proposition.
Answer:b
Explanation:
Presented below is pension information for Company Y for 2021.
Expected return on plan assets: $72,000
Interest on vested benefits: $45,000
Service cost: $150,000
Interest on projected benefit obligation: $63,000
Amortization of prior service cost due to increase in benefits: $54,000
The amount of pension expense to be reported for 2021 is:______
Answer:
The Amount of pension expense is $195,000
Explanation:
The computation of the amount of pension expenses reported is shown below:
Service cost $150,000
Interest on projected benefit obligation 63,000
Amortization of prior service $54,000
Less: Expected return on plan assets -$72,000
The Amount of pension expense is $195,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
A number of states have a minimum wage that is higher than the federal minimum. In those states that impose such a minimum wage, it is more likely that the minimum wage acts as a binding:
A. price ceiling, causing excess supply in the market.
B. price floor, causing excess supply in the market.
C. price floor, causing excess demand in the market.
D. price ceiling, causing excess demand in the market.
Answer:
c,but try to think how this is the ansi
please help
Match the symptoms of older engines with the extra benefit of high-mileage oils: More rapid rate of engine wear.
A) Contain special seal conditioners to help leaksB) Extra detergents to reduce depositsC) Extra anti-wear additives to reduce friction
Hi, your question is incomplete. Attached is the full question.
Explanation:
Engine seals become brittle & shrink ⇒ Contain special seal conditioners to help leaks causing leaks.More rapid rate of engine wear ⇒ Extra anti-wear additives to reduce friction.Increased blow-by gases and deposit ⇒ Extra detergents to reduce deposits formation.Answer:
Extra detergents to reduce deposits
Explanation:
I just got that right on my test!
Suppose that there is only one small clothing store in the remote village of Green Acres, and until fairly recently all of the townspeople bought most of their clothing there. As more people in Green Acres use the internet to shop for clothes, the price elasticity of demand for shirts at the Green Acres store will:_______
a. decrease because the Internet offers more substitutes.
b. remain the same, but the quantity demanded will decrease as more people shop online.
c. remain the same, but the demand will decrease as more people shop online.
d. increase because the Internet offers more substitutes.
Answer:
D)increase because the internet offers more substitutes
Explanation:
From the question we are are informed about a situation where there is only one small clothing store in the remote village of Green Acres, and until fairly recently all of the townspeople bought most of their clothing there. In the case that more people in Green Acres use the internet to shop for clothes, the price elasticity of demand for shirts at the Green Acres store will increase because the internet offers more substitutes.price elasticity of demand which is the degree to which there is a change in amount of quantity that is been demanded as a result in the change in price, so on this case as the Green Acres use the internet to shop for clothes the price elasticity of demand for shirts at the Green Acres store will increase and this is as a result of the substitute that is been provided by the internet.
Note that substitute in business means that both the shop online and the clothing stores in the village are offering same purpose. They are substitute.
Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero. The growth rate is negative. The required rate of return is greater than the growth rate. The required rate of return is more than 50%. None of the above assumptions would invalidate the model. -Select-
Answer:
e. None of the above assumptions would invalidate the model
Explanation:
Incomplete question "The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"
According to dividend discount model,
P0 = D1/(R-G)
D1 - Dividend at t =1
R - Required rate
G - Growth rate
This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.
A bank quotes an interest rate of 5.5% per annum with quarterly (four times a year) compounding. What is the equivalent rate with (a) continuous compounding and (b) semi annual compounding
Answer:
continuous compounding rate = 5.61 %
semi annual compounding rate = 5.34 %
Explanation:
The effective interest rate is also known as the continuous compounding rate. This is the interest amount that if compounded once a year, would give us the same results as interest per period compounded a number of times a year.
continuous compounding rate :
5.5% Shift NOM %
4 P/YR
SHIFT EFF % = 5.61 %
semi annual compounding :
SHIFT EFF % = 5.61 %
2 P/YR
SHIFT NOM % = 5.34 %
The product life cycle does not have a major impact on decision-making.
A) True.
B) False.
Answer: Thats false.
Concord Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Concord Company uses the periodic inventory system.
Answer:
the numbers are missing, so I looked for a similar question:
Purchases Sales Units Unit Cost Units Selling Price/Unit
3/1 Beginning inventory 100 $40
3/3 Purchase 60 $50
3/4 Sales 60 $80
3/10 Purchase 200 $55
3/16 Sales 70 $90
3/19 Sales 90 $90
3/25 Sales 60 $90
3/30 Purchase 40 $60
the requirements are:
calculate COGS and ending inventory under FIFO, LIFO and weighted average.
since this company uses the periodic inventory level we must first determine the total cost of goods available for sale:
3/1 Beginning inventory 100 $40
3/3 Purchase 60 $50
3/10 Purchase 200 $55
3/30 Purchase 40 $60
total goods available for sale = 400 units, at a total cost of $20,400
total units sold = 60 + 70 + 90 + 60 = 280 units
ending inventory = 120 units
under FIFO:
ending inventory = (40 x $60) + (80 x $55) = $6,800
COGS = $20,400 - $6,800 = $13,600
under LIFO:
ending inventory = (100 x $40) + (20 x $50) = $5,000
COGS = $20,400 - $5,000 = $15,400
under weighted average:
ending inventory = ($20,400 / 400) x 120 = $6,120
COGS = $20,400 - $6,120 = $14,280
Based on this case, why is it necessary to have laws related to sharing confidential information? to prevent businesses from manufacturing competing products O to prevent businesses from filing frivolous, time- wasting lawsuits O to prevent businesses from using ideas generated at another company O to prevent businesses from hiring employees from other companies
Answer: Cardi b...jk its C
Explanation:Edge.2020
It necessary to have laws related to sharing confidential information to prevent businesses from using ideas generated at another company. Thus option C is correct.
What is a law?The exact meaning of law is up for debate, but it is generally understood to be a collection of rules that are made and enforced by social or governmental bodies to control behavior. It has been called both a science and also the practice of justice in diverse contexts
Internal business maintain communication between the firm owner and another person is referred to be secret and either cannot or should never be disclosed to a third party.
This alone without boss's express permission. information essential to a business' activities that can only be learned inside that business. Therefore, option C is the correct option.
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Assume that new Towne Company reported the following summarized data at September 30, 2016. Accounts appear in no particular order; dollar amounts are in millions.
Stockholders' equity, September 1, 2016* $5 Revenues $37
Accounts Payable 7 Expenses 30
Other assets 21 Cash ?
Other liabilities 6
Stockholders' Equity does not include the current period net income.
Required:
Prepare the trial balance of Towne at September 30, 2018. List the accounts in their proper order. How much was Forward Towne. Company's net income or net loss?
Answer:
Particulars Amount
Stockholders' equity, $5
September 1, 2016
Add: Revenues $37
Add: Accounts Payable $7
Less: Expenses $(30)
Less: Other assets $(21)
Add: Other liabilities $6
Cash $4
New Towne
Trial balance
For the year ended September 30, 2016
Account title Debit Credit
Cash $4
Other assets $21
Accounts payable $7
Other liabilities $6
Stockholders Equity $5
Revenues $37
Expenses $30
Total $55 $55
Revenues $37
Less: Expenses $(30)
Net income $7
10.
The average age of 6 girls is 8 yrs 4mths. Find their total age.
A. 60 yrs 0 mth
B. 61 yrs 3mth C. 50 yrs 3mth D. 50 yrs
Answer:
50yrs 4 mth
Explanation:
Because 8yrs 4mth × 6 girls = 50yrs 4mth
The total age of 6 girls is 50 years. The correct answer would be an option (D).
What is the arithmetic mean?The arithmetic mean is defined as the ratio of the sum of observations to the total number of observations. It can be referred to as the average of a specific set of data or the arithmetic mean.
The total age of the 6 girls can be calculated by multiplying the average age by the number of girls.
Since the average age is 8 years 4 months, we can multiply this by 6 to find the total age:
Total age = 8 years 4 months × 6
Total age = 48 years 0 months + 24 months
Total age = 48 years + 2 years
Total age = 50 years
Therefore, the total age of 6 girls is 50 years.
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'13.4. A company ships a particular product to a market located 1500 miles from the plant at a cost of $4.50 per mile. Normally it ships 500 units at a time. What is the line haul cost per unit
Answer: $13.50
Explanation:
The following information can.be deduced from the question:
Distance covered = 1500 miles
Cost per mile = $ 4.50
We need to calculate the total cost of the transportation first. This will be:
= 1500 x $4.50
= $6750
We are further told that it normally ships 500 units at a time.
Therefore, tge line haul cost per unit will be:
= $6750/500 = $13.50
Shiny Industries producers of crab meat can issue perpetual preferred stock at a price of $31.86 per share. The stock would pay a constant annual dividend of $4.85 per share. What is the company's return on preferred stock (r)
Answer:
the return on the preferred stock is 15.22%
Explanation:
The computation of the return on the preferred stock is shown below:
Return on Preferred Stock is
= Constant annual Dividend ÷ Price × 100
= $4.85 ÷ $31.86 × 100
= 15.22%
Hence, the return on the preferred stock is 15.22%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
According to U.S. GAAP, asset retirement obligations are ________.
a. measured as the present value of past resource usage
b. obligations to replace old buildings and equipment with new assets
c. sinking funds for bonds or other long-term liabilities
d. long-term legal requirements to restore property
e. none of the above
Answer:
D) long-term legal requirements to restore property
Explanation:
When prices change during a period, a company can combine the principles of the retail LIFO method with the dollar-value LIFO method to eliminate the effects of this price change. This combination is called:______
Answer:
Dollar value LIFO retail method
Explanation:
Dollar-Value LIFO aim to reduces the effect of the liquidation, allows companies to use FIFO internally and also reduces clerical costs.
Dollar value LIFO retail method are retailers way of getting or achieving the LIFO cost flow without monitoring individual units and this may lead to low liquidation of LIFO cost layers that could occur during tracking.
Project ____ management has to do with project information being created, compiled, and dissiminated g
Answer:
scope
Explanation:
Project scope management can be regarded as a process of acquiring information, as well as documentation of the task, goals of the project and all activities that involves in starting a project. It involves paying attention to the features of the product that one is working von so it can meet the requirements of the stakeholders.It should be noted that Project scope management has to do with project information being created, compiled, and dissiminated.
According to the video, what are some examples of Postsecondary Education Administrators? Check all that apply.
Academic Deans,
Admission Directors ,
Department Heads,
College Tutors ,
Instructional Designers,
School Psychologists.
Answer: Its 1,2,3
Explanation: Got 100% on Ed!!!
Income before any of the following items is $500,000. (All numbers are net of taxes.)
Unrealized gain on Trading Securities $200,000
Unrealized gain on Debt Available-for-sale Securities (OCI) 100,000
Realized loss on Discontinued Operations 400,000
Depreciation Expense of $300,000 was mistakenly omitted five years ago--Prior Service Cost
Required:
What is Net Income?
a. $900,000
b. $600,000
c. $0
d. $300,000
e. $800,000
Answer:
The correct option is d. $300,000
Explanation:
The computation of the net income is shown below:
= Income before adjustments + unrealized gain on trading securities - realized loss on discontinued operations
= $500,000 + $200,000 - $400,000
= $300,000
hence, the net income is $300,000
The correct option is d. $300,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
On 1 January, 2015, Hikers Inc., a U.S.-based company, borrowed £200,000 on a two-year note at a per annum interest of 4.5%. The spot rate on this day was $1.65 per pound. The spot rate on 31 December, 2015, was $1.64 per pound. The journal entries to account for this foreign currency borrowing will include:______
Answer:
Debit to Interest expenses for $14,760 on December 31, 2015
Explanation:
At the end of December 2014, the accrued interest is to be accounted based on exchange rate prevailing on that date.
The Journal entry would be as follows:
Account Title Debit Credit
Interest expenses $14,760
Interest payable $14,760
(£200,000*4.5%*$1.64 per pounds)
ls help!!! will give branly!!!
Why do you think that most careers in the Education and Training cluster require a college degree of some sort?
What is meant by activity analysis? Give 3 criteria for determining whether an activity adds value.
Answer:
The definition is summarized below and according to the case provided.
Explanation:
The method of trying to break down another operation into comprehensive steps as well as analyzing every other component independently of someone is activity analysis.
The three criteria for deciding not just whether value addition would be an activity or behavior:
The phase must move the product towards the conclusion. The phase without complete redesign should be performed correctly the first time. The clients are concerned and will compensate for the move to be taken.Dawson Electronic Services had revenues of $106,000 and expenses of $63,000 for the year. Its assets at the beginning of the year were $413,000. At the end of the year assets were worth $463,000. Calculate its return on assets.
Answer:Return On Assets=9.8%
Explanation:
Return On Assets =Net income/Average total assets
But
Net income=Revenues-Expenses
=$106,000 - $63,000
= $43,000
And Average total assets is given as (Beginning assets +Ending assets)/2
= ($413,000+$463000)/2=$876,000 /2
=$438,000
Therefore Return On Assets =Net income/Average total assets
= $43,000 / $438,000
=0.098 x 100
=9.8%
Suppose a campus restaurant increases the number of workers it hires from 2 workers per day to 12 workers per day. As a result, it
total revenue increases from $90 per day to $600 per day.
Assuming that each worker is equally productive, whats the marginal revenue product per day of each additional worker?
Assuming the restaurant is using its resources in a profit-maximizing way, and that each worker works 5 days each week, whats is the current weekly wage rate in the labor market?
Answer:
It will increase 12 workers per day and increase exponentially with 2 workers. It will also increase by $510 every day. The restaurant will gain more profit if each worker continues to keep their current weekly wage rate.
Explanation:
a. The marginal revenue product per day of each additional worker is $51 per day.
b. The current weekly wage rate in the labor market is $255.
a. Marginal revenue product per day
Using this formula
Marginal revenue product=Incremental revenue/Incremental workers
Let plug in the formula
Marginal revenue product=($600-$90)/(12-2)
Marginal revenue product=$510/10
Marginal revenue product=$51 per day
b. Current weekly wage rate
Weekly wage rate=$51×5 days
Weekly wage rate=$255
Inconclusion the marginal revenue product per day of each additional worker is $51 per day and the current weekly wage rate in the labor market is $255.
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The TSA suits:
A Engineering students.
B. Construction students.
C. Technology students.
D. STEM students
Answer:
C. Technology students.
Explanation:
Answer:
it is c. Technically students
The next dividend payment by Dizzle, Inc., will be $2.85 per share. The dividends are anticipated to maintain a growth rate of 5.00 percent, forever. If the stock currently sells for $49.30 per share, what is the required return
Answer:
10.78%
Explanation:
The next dividend payment for Dizzle incorporation is $2.85
The growth rate is 5%
Current stock price is $49.30
Therefore the required return can be calculated as follows
= dividend payment/stock price + growth rate
= 2.85/49.30 + 5/100
= 0.0578 + 0.05
= 0.1078 × 100
= 10.78%
Answer:b9.89
Explanation:
10-.11=9.89
Ryan received land and a building from Thom as a gift. Thom's adjusted basis and the fair market value at the date of the gift are as follows:
Asset Adjusted Basis FMV
Land $40,000 $35,000
Building 110,000 90,000
Thom paid 8,000 gift tax was paid on the transfer.
Required:
a. Determine Gerald’s adjusted basis for the land and building.
b. Assume instead that the fair market value of the land was $87,000 and that of the building was $120,000. Determine Gerald’s adjusted basis for the land and building.
Answer:
a. Determine Gerald’s adjusted basis for the land and building.
Gerald's adjusted basis for gains:
Land = $40,000Building = $110,000Gerald's adjusted basis for loss:
Land = $35,000Building = $90,000The higher the basis, capital gains will be lower. But a lower adjusted basis for loss also decreases the amount of capital losses that can be reported if the asset is sold at a lower price.
b. Assume instead that the fair market value of the land was $87,000 and that of the building was $120,000. Determine Gerald’s adjusted basis for the land and building.
Since the fair market value of the gift is higher than the adjusted basis, then Gerald's adjusted basis will be equal to the FMV (for gains or losses):
Land = $87,000Building = $120,000The longest series of connections in the project network from the start to the end of the activities is also referred to as ________
a. the action path.
b. the critical path.
c. the master schedule.
d. float or slack.
Answer:
b. the critical path.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management are considered universal across most businesses and professions.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.
The longest series of connections in the project network from the start to the end of the activities is also referred to as the critical path. It is typically used by project managers to do a proper scheduling of their project activity and work.
If laying the distribution lines cost twice as much under water as it does on land,, what path should the distribution linees follow in order to minimize the cost?
Answer:
Explanation:
Normally, running underground distribution line is expensive to run and also to maintain(repair) though running it underground makes it last longer by keeping it safe away from things like ice.
Just like it is given in the Question/problem above that "laying the distribution lines cost twice as much under water as it does on land". It can be observed that the cost of taking the distribution line under water is higher than it does on the land. So, in order to minimize cost the following should be done;
=> Major part of the distribution line should be done on the land and drawn along the side of the water body. The minor part of the distribution line can then go down(under the water).