Assume that a company spends $15,000 a year for inspecting, $45,000 for purchasing, and $26,000 for reworking products. a good estimate of nonvalue-added costs would be $71000.
Reworking is the process of repairing problems that have rendered packaging or products unfit for sale due to damage or other compromises so that they can once again be sold. To guarantee that the product is correctly revised, a highly qualified and experienced workforce is needed.
A part, item, or component needs to be fixed when it doesn't fulfil manufacturing standards. Manufacturing rework is the name given to this procedure. This reworking process necessitates tools, labor, and supplies, all of which have the potential to use extra energy, increase operating costs, and waste time.
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all of the following are types of e-commerce: multiple select question. online sales activities text messaging sales activities in-person sales activities smartphone sales activities
Answer:
online sales activities, text messaging sales activities, smartphone sales activities
Explanation:
_____ refers to the number and the intensity of external factors in the environment that affect organizations.
Environmental complexity refers to the number and the intensity of external factors in the environment that affect organizations
The term "organisational environment" refers to both internal and external environmental elements that might affect an organization's operations and decision-making. An organization's environment can have positive or negative influence on how it conducts businessA simple environment is one with few environmental influences that can affect how an organisation operates; in contrast to complicated environments, the intensity of external forces that effect simple environments is much lowerIt should be emphasised that a simple environment is defined as an environment with few environmental components in the context of the quantity and intensity of external influences in the environment that affect businesses.
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what is the open source information about hospitals surgery cost estimations in india t we see on their cost estimation?
Despite a growing volume of surgical procedures in low-income and middle-income countries, the costs of these procedures are not well understood. The estimated cost of different types of surgical methods in India, using a micro costing method is observed.
In a study of the estimation cost in a year we observed different types of hospitals. We also get to know different facilities provided by each hospital along with the different data of beds and hospital staff. The private, charitable and tertiary care hospitals serve urban populations, the district hospital serves a semi urban area and the private teaching hospital serves a rural population.
Result :
According to these facilities and other things the surgical cost can vary. From the low cost surgery like caesarean section to coronary bypass graft, the cost can be estimated approximately between $627 to $2,510.
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On october 31, pizza company sold pumpkin spice pizzas for halloween parties on account. The customers have 30 days to pay for the pizzas. In which month should pizza company record the revenue under accrual accounting?.
Pizza company should record the revenue under accrual accounting from the month of October.
What is accrual accounting?A corporation can use accrual accounting, a financial accounting technique, to record revenue before receiving payment for products or services sold and expense data as it is incurred.
In other words, regardless of when money changes hands, the income made and costs incurred are recorded in the company's journal. Cash basis of accounting, which records revenue when the products and services are actually purchased, is sometimes contrasted with accrual accounting.
According to the accrual accounting technique, income or costs are recorded when a transaction takes place rather than when a payment is paid or received.
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which of the following statements regarding intrinsic stock value maximization and social welfare is accurate? in general, unlawful actions taken to maximize intrinsic stock values actually benefit society. when direct stock ownership, mutual fund ownership, and indirect ownership through pension funds are considered, many members of society now have an important stake in the stock market. value maximization requires efficient, low-cost businesses that produce high-quality goods and services that consumers need and want at the highest possible cost. more than 64% of all u.s. households directly own mutual funds, either directly or as part of a tax-deferred retirement account. when a manager takes actions to minimize intrinsic value, this improves the quality of life for millions of ordinary citizens.
When direct stock ownership, mutual fund ownership, and indirect ownership through pension funds are considered, many members of society now have an important stake in the stock market. Hence, option B is correct.
What is direct stock ownership?If a person directly own the shares, a person have power over those voting rights. Activist shareholders may exert pressure on the board of directors and management of the company to fundamentally alter how it is operated.
Even if shares of stock are not stored in a 401 or personal brokerage account, they are still regarded as personally owned.
Thus, option B is correct.
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If it is determined that a customer account that is paying an annual flat-fee would have been cheaper if the customer paid a commission on each trade, then the member firm?
The member firm must get in touch with the client and provide the details required to decide if the client should keep the fee-based account.
A commission is a fee that a broker or investment adviser charges in exchange for processing a client's purchases and sells of securities or offering financial advice.
The suitability of Non-Managed Fee Based Accounts (NMFBA) for each customer must be evaluated yearly. The customer must be notified and provided the information essential to decide whether or not he or she wants to keep this type of account if the evaluation shows that an NMFBA is more expensive.
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although dependent on several variables, any gainfully employed person can have this type of account.
The correct answer is SEP Plan. The SEP plan stands for Simplified Employee Pension.
What is Employee Pension?A pension is a fund that is accumulated over the course of an employee's career and into which recurring payments are made to support the employee's retirement. A pension can be a "defined benefit plan," in which a predetermined sum is regularly given to an individual, or a "defined contribution plan," in which a predetermined sum is invested and becomes available upon attaining retirement age. Severance pay and pensions are two distinct concepts that shouldn't be mixed up. After an involuntary termination of employment prior to retirement, the former is often granted as a fixed payment, while the latter is typically paid as a regular amount.
Retirement plans and superannuation typically refer to a pension that is paid out.
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In business, responding to industrial and environmental disasters is a task related to?
Responding to natural and industrial disasters is a task connected to crisis management and public relations in business.
What is crisis management and what is it's use?Crisis management is the application of strategies designed to help an organization deal with a sudden, serious negative incident.
A crisis might originate from an unforeseen event or an unanticipated outcome of an event that was previously thought to pose a risk. In either scenario, choices must be made swiftly to limit harm to the company during a crisis.
Depending on the nature of the crisis, different types of damage are possible. The majority of the time, a crisis, however, can have an impact on the organization's finances, reputation, or any combination of these. A catastrophe like a terrible fire could endanger the organization's finances.
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the accounting records of direct marketing company (dmc) indicate that the company has $500 of cash; $3,500 of land; $1,000 of liabilities; $600 of common stock; and $2,400 of retained earnings. based on this information, the percent of assets provided by earnings is .
The amount of profit a business keeps after paying all of its direct and indirect expenses, income taxes, and dividends to shareholders is known as retained profits. This is the percentage of the company's equity that may be utilised, for example, to fund the purchase of new machinery, research and development, and marketing.
The total profits left over after a corporation pays dividends to its shareholders are known as retained earnings. These funds might be put back into the company by, say, buying new machinery or paying off debt. Because retained earnings are a sort of equity, they are shown on the balance sheet under shareholders' equity.
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a common stock will pay a cash dividend of $5 next year. after that, the dividends are expected to increase indefinitely at 1% per year. if the discount rate is 12%, what is the pv of the stream of dividend payments?
The stream of dividend payments = $71.43
A dividend is a distribution of earnings by using a corporation to its shareholders. while a business enterprise earns earnings or surplus, it could pay a share of the profit as a dividend to shareholders. Any amount no longer dispensed is taken to be re-invested in the commercial enterprise.
Dividend refers to praise, cash or otherwise, that an employer gives to its shareholders. Dividends may be issued in various paperwork, inclusive of the cash price, stocks, or other shapes. An enterprise's dividend is determined by way of its board of directors and it requires the shareholders' approval.
Present value = Cash dividend / (Discount rate - Growth rate)
Present value = $5 / (0.11 - 0.04)
Present value = $71.43
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boland company sells a product that is priced at $20 per unit. the per unit contribution margin is equal to 25 percent of the sales price. if fixed cost amount to $81,500 and the company has a desired profit of $46,500, the number of units that must be sold to earn the desired profit is (do not round intermediate calculations.)
We need to calculate the, number of units to be sold to achieve a desired profit of 46,500 with 81,500 as fixed cost. which means we need to calculate the break even point in units for the given parameters.
Number of units to be sold = (Desired profit + Fixed cost)/Contribution per unit
Contribution per unit = 20*25% = 5 per unit
Fixed cost = 81,500
Desired Profit = 46,500
Number of units to be sold = (46,500+81,500) / 5 = 128,000 / 5 = 25,600
Hence 25,600 units is the break even point for a profit of 46,500 with fixed cost of 81,500.
In accounting, the breakeven point is calculated by dividing the fixed costs of production by the worth per unit minus the variable costs of production.
The breakeven point is that the level of production at which the prices of production equal the revenues for a product.
In investing, the breakeven point is alleged to be achieved when the market value of an asset is that the same as its original cost.
Therefore, Number of units to be sold(BEP) is 25,600 units
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According to the peter principle, in a hierarchy no one ever rises to their level of incompetence. please select the best answer from the choices provided t f
The answer is false. According to the Peter's Principle, persons are promoted to their level of incompetence, which means that something is not justified in the promotion process and thus becomes an inevitable consequence of any promotion regulation.
According to the Peter Principle, if you do well in your job, you will most likely get promoted to the next level of your organization's hierarchy. You will continue to advance up the ladder until you are no longer capable of performing successfully. The Peter Principle is a typical occurrence in businesses, in which employees are promoted based on their present progress incompetence.
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Darden company has cash of $32,000, accounts receivable of $42,000, inventory of $22,000, and equipment of $62,000. assuming current liabilities of $30,000, this company's working capital is:______.
As per the given data, after putting the data in formula, the company's working capital is $66,000. Hence, the correct option is B.
What is working capital?Any company has various types of capital. It can be working or it can be stable. By the term "working capital," one can identify the current liabilities and current assets by subtracting liabilities from assets.
One can find working capital on any company balance sheet. After doing the proper calculations, one can find working capital.
Working capital = current assets – current liabilities.
Net working capital = current assets (minus cash) - current liabilities (minus debt).
Current assets = Cash + Accounts receivable + Inventory
Current assets = $32,000+ $42,000+ $22,000
Current assets = $96,000
Working capital = Current assets - Current liabilities
Working capital = $96,000-$30,000
Working capital = $66,000
Thus, Option B is correct.
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The complete question has been attached in text form:
Darden Company has cash of $32,000, accounts receivable of $42,000, inventory of $22,000, and equipment of $62,000. Assuming current liabilities of $30,000, this company's working capital is: Multiple Choice
o $96,000
o $66,000.
o $44,000
o $12,000.
Due to declining global sales, makeown ventures inc. announced that it would lay off 12 percent of its existing workforce over the next few months. this is an example of?
Due to declining global sales, makeown ventures inc. announced that it would lay off 12 percent of its existing workforce over the next few months. this is an example of restructuring .
What is Restructuring ?Restructuring is a strategy used by businesses to drastically change its operational and financial aspects, typically when they are having financial difficulties.
Restructuring is a type of corporate activity that entails significantly changing a company's debt, operations, or structure in an effort to reduce financial harm and strengthen the business.
In order to find a way to repay investors, companies that are having problems paying their debt payments sometimes combine their debt and alter the loan's conditions.
A company might also reduce expenses, including salaries, or sell assets to rearrange its operations or structure.
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If a piece of equipment costs $110,000 and has a 10-year useful life along with a $10,000 salvage value, what is the annual depreciation expense using the straight-line depreciation method?
The annual depreciation expense of the given equipment is $10,000 by using the straight-line depreciation method.
Explain annual depreciation.The standard annual rate at which loss is applied to a fixed asset is known as annual depreciation. If the straight-line approach is applied, this rate remains constant from year to year. If an advanced method is utilized, annual depreciation will increase in the first few years before declining in the following years. The depreciation rate is the annual total amount of depreciation expressed as a percentage. When the yearly depreciation was $15,000 and the total depreciation throughout the asset's anticipated lifespan was $100,000, as an illustration, This indicates that the annual rate would be 15%. The value of the asset less the recoverable amount, divided by the asset's useful life, is the annual depreciation.
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When making decisions about production and allocation, which type of system depends on individual producers and consumers to create a combination of supply and demand?
The type of system that depends on individual producers and consumers to create a combination of supply and demand is Market economy.
What is Market economy?
In a market economy, decisions about investment, production, and distribution to consumers are influenced by the price signals produced by the forces of supply and demand. All suppliers and consumers are not constrained by price controls or restrictions on the freedom of contracts in this type of economic system. A crucial aspect of a market economy is the presence of factor markets, which regulate how capital and other production-related factors are distributed.
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Alonzo, the president of his high school's senior class and honor society, has been very busy and did not study for an important history test. although alonzo is very confident, he realizes that he probably will not do well on the test. he has talked himself into cheating because he believes that cheating will help him maintain his strong gpa, which he will need to be accepted by a good college. he tells his friend, "i don't usually cheat, but i really have to do it." his friend talks him out of it. kohlberg would say that his friend is in which stage or moral development?
multiple choice
preconventional
conventional
moral-rights
postconventional
utilitarian
Because he says "i don't usually cheat, but i really have to do it.",. kohlberg would say that his friend is in the preconventional stage or moral development.
What is the kohlberg’s theory?The theory of stages of moral development focuses on the thinking process that occurs when one decides whether a behaviour is right or wrong. The theoretical emphasis is on how individual decides to respond to a moral dilemma, not what one decides or what one actually does.
The Stages of Moral Development in Kohlberg's theory:Level 1. Preconventional Morality: This is the period that lasts until around the age of 9. At this age, the individual decisions are primarily shaped by the expectations of adults and the consequences for breaking the rules.Level 2. Conventional Morality: This period is marked by the acceptance of social rules regarding what is good and moral. During this time, adolescents and adults internalize the moral standards they have learned from their role models and from society.Level 3. Postconventional Morality: At this level of moral development, people have develop a full understanding of abstract principles of morality.Read more about kohlberg’s theory
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A banker considering loaning money to a firm for ten years would most likely prefer the firm have a debt ratio of ________, and a times interest earned ratio of ________.
The banker that is considering loaning a firm money for ten years would most likely prefer the firm have a debt ratio of 0.35 and a times interest earned ratio of 3.00.
What is a debt ratio?
In accounting, it refers to the financial ratio that measures the extent of a company’s leverage; it is the ratio of the total debt to total assets that is expressed as a decimal or percentage. A debt ratio also be interpreted as the proportion of a company’s assets that are financed by debt.
A debt ratio that is greater than 1 shows that a considerable amount of a company's assets are funded by debt and this means the company has more liabilities than assets; that is, a high ratio indicates that a company may be at risk of default on its loans if interest rates suddenly rise.
But the debt ratio that is below 1 means that a greater portion of a company's assets is funded by equity.
Also, the times interest earned ratio means the measurement of a company's ability to meet its debt obligations based on its current income.
The best options is that the banker that is considering loaning a firm money for ten years would most likely prefer the firm have a debt ratio of 0.35 and a times interest earned ratio of 3.00.
Therefore, the Option D is correct.
Missing options '.75; .75, .40; 2.50, .50; 1.00, .35; 3.00, .45; 1.75
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Which item category would you use to have your vendor ship goods directly to your customer?
Third-party, item category, would you use to have your vendor ship goods directly to your customer. Thus, option (b) is correct.
What is customer?
The term customer refers to the purchased the goods and the services, The customer are the fulfill the needs and the wants as the exchange of the money.
The company sale the product with the help of the third party. The customer and the company are the mediator of the third party. The customer as they purchased the product with a third party.
Therefore, option (b) is correct.
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Your question is incomplete, but most probably the full question was.
a. Consignment
b. Third-party
c. Stock trasnfer
d. Standard
e. Transfer posting
Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units and ordering cost = $15 per order. the total cost per year, assuming no stockouts, is approximately equal to:______.
Given that unit cost is $25, annual carrying charge = 10%, annual demand = 4,000 units, and ordering cost = $15 per order, the EOQ is 219 units.
Annual carrying chargeA carrying cost is a cost associated with holding a physical commodity or financial instrument. Models of carrying charges contain insurance costs, storage costs, and good charges on borrowed funds. These costs are also occasionally directed as an investment's cost of carrying.
EOQAlso directed as 'optimum lot size,' the financial order quantity, or EOQ, is a calculation developed to find the optimal order quantity for businesses to underestimate logistics costs, warehousing space, stockouts, and overstock costs. The formula is:
EOQ = square root of = 2 ( setup costs )( demand ) ] / holding expense.
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Documentaries that use the camera as an instrument of reportage are called expressionistic documentary. is this statement true or false?
Documentaries that use the camera as an instrument of reportage are called expressionistic documentary. This is true statement.
Much like their counterparts in the artwork world, Expressionist administrators are concerned extra with an unabashedly subjective enjoy of reality, now not how others may see it. Mental or non secular truths they sense can quality be conveyed via distorting the surface of the fabric world.
Recognized through the usage of distorting and exaggerated angles, excessive coloration, and a experience of terror or foreboding. In Germany from 1920 Expressionist cinema started out to expand, taking movie as an artwork shape in new directions which were distinct from the rising Hollywood production techniques.
Expressionism is an artwork motion that advanced inside the twentieth century. It's far notoriously difficult to outline because of its comparable features to other moves like futurism, cubism, and surrealism. Expressionistic art has a tendency to be emotional and unnatural.
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If you sell 225 shares of dryas security at $5.12 per share and 340 shares of cilla shipping at $12.43 per share, how much money will you receive, to the nearest dollar? a. $1,152 b. $5,378 c. $4,226 d. $3,074 please select the best answer from the choices provided a b c d
B. $5,378 - Many U.S. territories and other independent nations all over the world use the dollar as their official currency.
Since then, trade on the foreign currency markets has set the value of the US dollar. Participants in those markets frequently consider a number of variables when choosing positions, including as interest rates, other macroeconomic variables, and the relative economic power of the two countries.
INR 79.4449 = 1 USD.
The Kuwaiti Dinar, or KWD, is the most expensive currency in the world. KWD is the currency code for dinars. The INR to KWD conversion rate is the most widely used rate for Kuwait Dinars.
In addition, it serves as the de facto official medium of exchange for a large number of other countries that also accept US dollars. Here is a thorough list of countries across the world where the dollar is accepted as legal tender if you're a frequent traveler, someone who conducts business abroad, or an expat.
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The ability of one producer to produce a good at a lower opportunity cost than another producer is called a(n) ________ advantage.
The ability of one producer to produce a good at a lower opportunity cost than another producer is called a(n) comparative advantage.
what do you mean by producer?a individual who makes economic value, or produces goods and services. a individual capable for the money related and authoritative aspects of a stage, film, tv, or radio generation; the individual who works out common supervision of a generation and is capable mainly for raising money, hiring specialists and artists, etc.
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mason company has two manufacturing departments—machining and assembly. the company considers all of its manufacturing overhead costs to be fixed costs. it provided the following estimates at the beginning of the year as well as the following information with respect to jobs a and b:
Predetermined overhead rates : =
Manufacturing overhead / Direct Labor hours
= 600,000/ 60,000
= 10
Job A:
Manufacturing overhead applied = Direct labor hours * Predetermined overhead rate
Manufacturing overhead applied = 15 * 10
Manufacturing overhead applied = 150
Job B:
Manufacturing overhead applied = Direct labor hours * Predetermined overhead rate
Manufacturing overhead applied = 9 * 10
Manufacturing overhead applied = 90
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Operations management is the set of activities that creates value in the form of?
The operations management is the set of activities that creates value in the form of goods and services. Operations management (OM) is the administration of business practices in order to achieve the best level of efficiency within an organization.
It is concerned with transforming materials and labor into the goods and services as efficiently as possible in order to maximize an organization's profit. Operations management teams strive to produce the best potential net operational profit by balancing costs and income. Operations management is the administration of business practices in order to achieve the best level of efficiency within an organization.
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assume that the cross-price elasticity of demand coefficient between cars and planes is 0. does this make them substitutes, complements, or something else? explain.
When the cross-price elasticity of demand coefficient between cars and planes is 0 this make them unrelated goods (neither complements nor substitutes)
What is Cross Price Elasticity of Demand?
Cross Price Elasticity of Demand measures the relationship between two products and how the price change of one affects the demand of the other. The measure of responsiveness of the demand for a good towards the change in the price of a related good is called cross price elasticity of demand. It is always measured in percentage terms.These can be categorised in three types; substitute goods, complementary goods, and unrelated goods.Cross Price Elasticity of Demand can be calculated by dividing change in demand of X by change is price of Y.To learn more about cross price elasticity of demand coefficient, refer: https://brainly.com/question/14469117?referrer=searchResults
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The price an individual investor will pay to purchase a stock in the otc market is the?
The price an individual investor will pay to purchase stock in the otc market is the ask price.
An investor is a person that allocates capital with the expectancy of a destiny monetary go back or to advantage a bonus. via this allocated capital most of the time the investor purchases some species of belongings.
An investor is the market player most people most usually buddies with the inventory marketplace. traders are individuals who buy stocks of a organization for the long time with the perception that the business enterprise has sturdy destiny potentialities.
An investor is any individual or other entity (such as a firm or mutual fund) who commits capital with the expectation of receiving financial returns.
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mcbride and associates employs two professional appraisers, each having a different specialty. debbie specializes in commercial appraisals and tara specializes in residential appraisals. the company expects to incur total overhead costs of $208,260 during the year and applies overhead based on annual salary costs. the salaries and billable hours of the two appraisers are estimated to be as follows:
The Total Billing Rate is $137.4 per hour.
CALCULATION
1. Salary cost used to calculate the predetermined overhead rate:
Total Salary is $273,520 ($181,920 plus $91,600).$410,280 in total overheadPredetermined overhead rate is total overhead divided by total salary cost, or 1.5 or 150% of salary cost ($410,280 divided by $273,520).
2. How to determine the hourly billing rate:
Debbie:
wage is $181,920.Cost of goods sold = $181,920 * 150% = $272,880Cost in total is $454,800.Markup 20% = $454,800 * 20% = $90,960Total amount billed: $545,760Total billing charges divided by the total number of hours worked equals
$545,760 / 2400, or $227.4 per hour.Tara:
$91,600 in pay
Cost of goods sold + 15% (or $91,600) = $137,400$229,000 in totalMarkup 20% = $229,000 * 20% = $45,800Total amount due is $274,800.Total hours billed / Total billing amount is
$274,800 / 2000,
or $137.4 per hour.
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Correct and Complete Question - McBride and Associates employs two professional appraisers, each having a different specialty. Debbie specializes in commercial appraisals and Tara specializes in residential appraisals. The company expects to incur total overhead costs of $410,280 during the year and applies overhead based on annual salary costs. The salaries and billable hours of the two appraisers are estimated to be as follows Debbie Annual Salary Billable Hours $181,920 $91,600 2,400 2,000 The accountant for McBride and Associates is computing the hourly rate that should be used to charge clients for Debbie and Tara's services. The hourly billing rate should be set to cover the total cost of services (salary plus overhead) plus a 20 percent markup. Required 1. Compute the predetermined overhead rate. Predetermined Overhead Rate % of Salary Cost 2. Compute the hourly billing rate for Debbie and Tara. (Do not round your intermediate calculations, and round your final answers to 2 decimal places.) Debbie Tara Billing Rate
A micro-influencer is someone who has 10,000-50,000 followers. engaging with a micro-influencer may be more beneficial than engaging with a larger macro influencer (500,000-1,000,000 ) if ________.
Someone with between 10,000 and 50,000 followers is considered a micro-influencer.
If a micro-influencer has a more devoted following, working with them may be more advantageous than working with a bigger macro influencer (500,000–1,000,000).
Because the majority of followers of a larger influencer just follow them because so many other people do, micro-influencers have more power over their followers.
Micro-influencer followers, on the other hand, adhere to their material. Additionally, they are in close contact with their influencer.
A micro-influencer is someone whose social media following is bigger than that of an average person but smaller than that of a star.
Typically, that implies having more than 1,000 followers but less than 100,000. Because they are enthusiastic about their area and can select the most contentious issues to engage their followers, micro-influencers have 22.2 times more Conversations than the average user, which helps them appear to the audience as "people like me."
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what happens to the equilibrium price and equilibrium quantity in the market for twinkies when the price of sugar increases? question 34 options: equilibrium price increases and equilibrium quantity increases equilibrium price decreases and equilibrium quantity decreases equilibrium price decreases and equilibrium quantity increases equilibrium price increases and equilibrium quantity decreases
When demand is constant, there is an inverse relationship between supply and prices of products and services. Prices tend to decrease to a lower equilibrium price and a greater equilibrium quantity of goods and services if supply of goods and services increases while demand stays the same.
What is Equilibrium Price?
The price at which supply and demand for a good or service are equal is known as the equilibrium price. When a market is in equilibrium, both consumers and producers are satisfied, which maintains a stable price for the good or service.
At EQ, neither a deficit nor a surplus exist unless a demand or supply determinant changes. When the price of a good or service changes and there is a shortage, this indicates that buyers want to purchase more than what producers are willing to sell. Demand exceeds the supply in this situation, leaving customers unsatisfied. The opposite is true if a price shift results in a surplus, which indicates that customers wish to purchase fewer units than are being provided by producers. When supply surpasses demand, companies must reduce the cost of the good or service in order to prevent building up too much stock.
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