Answer:
camping
Explanation:
Grey, Inc., uses a predetermined rate to apply overhead. At the beginning of the year, Grey budgeted its overhead costs at $220,000, direct labor hours at 55,000, and machine hours at 20,000. Actual overhead costs incurred were $233,250, actual direct labor hours were 62,000, and actual machine hours were 15,000. If the PDOH rate uses machine hours as the cost driver, what is the total amount credited to the overhead account control account
Answer:
$165,000
Explanation:
Calculation for what is the total amount credited to the manufacturing overhead account for the year for Grey
First step is to calculate Predetermined overhead rate using this formula
Predetermined overhead rate = Estimated overhead costs / Estimated machine hours
Let plug in the formula
Predetermined overhead rate = $220,000 / 20,000 machine hours
Predetermined overhead rate= $11
Second step is to calculate Total amount credited to the factory overhead account for the year for Grey
Using this formula
Total amount credited to the factory overhead account for the year for Grey = Predetermined overhead rate × Actual machine hours
Let plug in the formula
Total amount credited to the factory overhead account for the year for Grey= $11 × 15,000 machine hours
Total amount credited to the factory overhead account for the year for Grey = $165,000
Therefore the Total amount credited to the factory overhead account for the year for Grey will be $165,000
when it comes to managing money success is about 80% knowledge and 20% Behavior true or false
Answer:
huh
Explanation:
do you have a picture of the question because I don't get it but I'm trying to help
The firm should shut down if the market price is:___________.
A. above $8.
B. above $6.30 but less than $8.
C. above $4.50 but less than $6.30.
D. less than $4.50.
Answer: D. less than $4.50.
Explanation:
In the short run, a business should shutdown if the market price is below the Average Variable costs as because at this point, only losses are being made if the company stays in action.
If price is below the variable cost, it is best to shutdown so that the company can stop incurring the variable costs and incur the fixed cost alone. The lowest Average Variable cost is $4.50 for this good and so if the price falls below $4.50, the should shutdown.
***ECONOMICS***An investment that you bought for ______
and sold for _____
made a profit.
A. $500; $400
B. $400; $500
C. S500; $300
D. $400; $300
Answer:
B.
Explanation:
you bought it for 400 and sold it for 500 and made 100$ profit
1
The diagram shows the market for fresh fish in the Caribbean with equilibrium point X. New, more efficient boats with lower running costs are then used.
Which point represents the new equilibrium?
Answer:
Point C
Diagram is available online but cannot be imported due to its format
Explanation:
A reduction in the cost of inputs means that suppliers will avail more fish in the market. An increase in supply caused by other factors other than price shifts the supply to the right. A shift of the supply curve outwards or the right makes the equilibrium point to move to capture an increase in supply.
In the diagram, the new equilibrium point will be at point C. The supply will increase due to a reduction in input costs.
The most important part about having an effective organizational culture is to:
a. ensure that all your values are expressed clearly in the mission statement.
b. reinforce the values in employees through cards, pins and desk sets.
c. include the values in employee on-boarding sessions.
d. ensure that words are aligned with behaviors.
Answer:
d. ensure that words are aligned with behaviors.
Explanation:
Of course, we can argue that it is not all about expressing clearly the organization's culture in the mission statement or writing them on cards, pins, desk sets, etc which may not even make any difference among employees, neither is simply including the values in the employee recruitment process.
However, what really matters is that the organization ensures all the words about the organization's culture on paper are aligned with the behaviors of employees as they carry out their assignments.
For example, an organization that merely writes on paper that it doesn't tolerate discrimination in the workplace on the basis of race, gender, etc, and yet still allows open discriminatory practices has failed to align words with behavior.
Rory Company has a machine with a book value of $101,000 and a remaining five-year useful life. A new machine is available at a cost of $116,000, and Rory can also receive $83,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $17,000 per year over its five-year useful life. Calculate the incremental income. (Any losses or outflows should be entered with a minus sign.)
Answer:
Incremental Income $52,000
Explanation:
The computation of the incremental income is shown below:
Reduction in variable manufacturing costs ($17,000 × 5) $85,000
Cost of the new machine -$116.000
Cash received from trade in old machine $83,000
Incremental Income $52,000
The machine should replacement as there is an increase in income by $52,000
thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as
Answer:
E. how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.
Explanation:
Options are "A. cultural, lifestyle, and demographic changes, B. the birth of new industries, new knowledge, and disruptive technologies, C. weather, climate change, and water shortages, D. interest rates, exchange rates, unemployment rates, inflation rates, and economic growth, E. how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently."
Thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.
The strategy decision making about the industry and competitive conditions involve evaluating the prices, buyer sensitivity to the prices, serviceability & frequency.
The Treasury bill rate is 6%, and the expected return on the market portfolio is 10%. According to the capital asset pricing model:________
Answer: See explanation
Explanation:
Your question is not complete. Here is the completed question:
The Treasury bill rate is 6%, and the expected return on the market portfolio is 10%. According to the capital asset pricing model, what is the risk premium?
The risk premium will be the difference between the market portfolio and the treasury bill rate. This will be:
= 10% - 6%
= 4%
g Ms. White has entered the housing market in search of a suitable home. She has saved $10,000 for a down payment and has found a house that sells for $100,000. She can obtain a mortgage for the difference for 30 years at 12 percent per year. Suppose Ms. White learns she is being transferred. She must now sell her house and pay off the mortgage debt outstanding after 18 months. What is the amount outstanding
Answer:
$89,418
Explanation:
It is important to realize that Ms. White has been honoring her mortgage payments for the 18 months that she owned the house.
So we can determine the amount of outstanding debt by constructing an amortization table.
Here, i will use a Financial Calculator to prepare the amortization table.
PV = $90,000
N = 20
I = 12
FV = 0
P/YR = 1
PMT = $11,172.93 (CALCULATED)
Period Principle Interest Payment Balance
Beginning $90,000
Year 1 End $373 $ 10,800 $11,173 $89,627
Year 2 End $417 $ 10,755 $11,173 $89,209
But for the Year 2 she only owned the house for 6 month (to 18 months).
Thus amount outstanding after 18 months is $89,418 ($89,627 - $209)
Johnson Controls Inc has an operating cycle of 159 days. The firm's days' sales in inventory is 83 days. How much does the firm have in receivables if it has credit sales of $600,000?
Answer:
$124,931.5
Explanation:
Johnson controls has an operating cycle of 159 days
The firm day sales in inventory is 83 days
The first step is to calculate the DSO
= 159 days-83 days
= 76 days
Therefore the amount in receivables can be calculated as follows
= 600,000/365 × 76
= 1,643.83 × 76
= $124,931.5
Agency relationship refers to a consensual relationship between two parties, where one person (the principal) or entity authorizes the other, the agent, to act on his, her, or its behalf. Agency relationships exist in most large corporations due to the separation of management from ownership. The lack of alignment of the principal and the agent interests create an agency cost. What are the main implications of this separation
Answer:
The main implications of the agency separation are goal incongruence, self-interest, and low productivity.
Explanation:
Goal incongruence between an agent and the principal arises from the lack of alignment in their interests. While the agent is appointed to represent the principal, most often, the agent acts in her own interest instead of in the best interest of the principal. This lack of alignment reduces the productivity that could result from the agency relationship. Another implication of the management separation is that the agent's risk appetite will be different from that of the principal. The principal will need to exercise some control over the agent to curb excessive risk-taking by the agent.
Franklin corporation issues $97,000, 8%, 5-year bonds on January 1, for $101,370. Interest is paid semiannually on January 1 and July 1. If Franklin uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized on July 1 is:________.
a. $4,317
b. $7,760
c. $3,443
d. $3,880
Answer:
c. $3,443
Explanation:
Date Account Titles Debit Credit
Jan 1 Cash 101370
Bond payable 97000
Premium on issue of bonds 4,370
(101370-97000)
Jul 1 Interest expenses (3680 - 437) 3,443
Premium on issue on bond 437
(4379/5 * 6/12)
Cash (97,000*8%*6/12) 3,800
A company is facing a lawsuit from a customer. It is possible, but not probable, that the company will have to pay a settlement that management estimates to be $2,000,000. How would this fact be reported in the financial statements to be issued at the end of the current month?
a. $2,000,000 in the Current Liability section.
b. $2,000,000 in the Long-Term Liability section.
c. In a descriptive narrative in the footnote section.
d. None because disclosure is not required.
Answer:
c. In a descriptive narrative in the footnote section.
Explanation:
Only contingent liabilities that are probable and can be actually estimated must be recorded in the income statement and balance sheet. Contingent liabilities that are only possible, but not probable, must be disclosed in the footnotes of the financial statements. Liabilities that are not possible, nor probable, should not be included anywhere.
what was the economic impact of the North American Free Trade Agreement
Answer:
increased economic growth .
Explanation:
[When producing a 3TB portable hard drive, fixed costs are $20,000,000 regardless of sales volume. Variable costs are $25 per unit and the unit price of the portable hard drive is $50.] Julie also wants to consider the case of estimated sales volume for the target return of $20 million. Fixed costs, variable costs per unit, and price remain the same. In such a case, total revenue is ___________________ Group of answer choices
Answer:
$80 million
Explanation:
Return (profit) = Total revenue - total cost
Total revenue = price x quantity sold
price = $50
quantity sold = x
total revenue = $50x
Total cost = fixed cost + variable cost
fixed cost = $20,000,000
variable cost = Variable costs per unit x quantity sold
= $25x
Total cost = $20,000,000 + $25x
$20,000,000 = $50x - ($20,000,000 + $25x)
Collecting like terms and solving for x
$40,000,000 = $25x
x = 1,600,000
Total revenue = 1,600,000 x $50 = $80 million
The total revenue is $80 million.
We know that;
Profit = Total revenue - total cost
But
Total revenue = price x quantity sold
Total revenue = $50 * X (quantity sold)
Total revenue = $50X
Also,
Total cost = Fixed cost + Variable cost
Variable cost = Variable costs per unit x quantity sold
Variable cost = $25x
Hence,
Total cost = $20,000,000 + $25x
$20,000,000 = $50x - ($20,000,000 + $25x)
Solving for X, we will have ;
$40,000,000 = $25x
X = 1,600,000
Recall
Total revenue = $50X
Total revenue = $50 * 1,600,000
Total revenue = $80 million
It therefore means that in such a case, the total revenue would be $80 million.
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A firm will often split the stock to keep the stock price within a proper trading range.
a. True
b. False
Answer:
a. True
Explanation:
Many times a corporation might carry out a stock split in order to prevent the price of its stock to become too expensive. E.g. when Apple's stocks get too expensive, stock splits occur, The last occasion the split stocks was 7:1, i.e. for every existing Apple stock, 6 new ones were issued.
This occurs because if the price of the stock is too high, it will be harder for small investors. Remember that the total capitalization is not affected by a stock split.
What are folders within folders called?
Folders made within folders are known as......?
Answer:
subfolder
Explanation:
On January 1, 2018, Brazos Company purchased equipment and signed a six-year mortgage note for $97,000 at 15%. The note will be paid in equal annual installments of $25,631, beginning January 1, 2019. On January 1, 2019, the journal entry to record the first installment payment will include a ________. (Round your answer to the nearest whole number.) A. credit to Mortgage Payable for $97,000
Answer:
the original journal entry should be:
January 1, 2018, equipment purchased
Dr Equipment 97,000
Cr Notes payable 97,000
accrued interest on December 31 2018 should be:
Dr Interest expense 14,550
Cr Interest payable 14,550
the first installment should be recorded as:
January 1, 2019, first installment paid on notes payable
Dr Interest payable 14,550
Dr Notes payable 11,081
Cr Cash 25,631
How do i get as much mony as bill gates todey?
Answer:
be very famous
Explanation:
Suppose you buy a put option contract on October gold futures with a strike price of $1200 per ounce. Each contract is for the delivery of 100 ounces. What happens if you exercise when the October futures price is $1,180?
Answer:
Strike price of October gold future = $1,200 per ounce
The exercise price = $1,180
To calculate the amount that will help the investor to decide about the position
Amount added to margin = (Strike price - Future price) * Delivery if each contract
Amount added to margin = ($1,200 - $1,180) * 100
Amount added to margin = $20 * 100
Amount added to margin = $2,000
Therefore, the amount of $2,000 is received. The investor has short position on future contracts to sell 100 ounces of gold in October.
What is the standard deviation of a stock that has a 10% chance of earning 18%, a 10% chance of making 11%, a 40% chance of making 5%, and a 40% chance of making 22%?
A. 7.95%.
B. 13.70%.
C. 7.78%.
D. 13.05%.
Answer:
A. 7.95%.
Explanation:
Calculate the expected rate of return for the investment as follows:
[tex]\begin{aligned}
\text { Expected rate of return } &=(\text { Probability } \times \text { Rate of return })+(\text { Probability } \times \text { Rate of return })+\\
&(\text { Probability } \times \text { Rate of retum }) \\
=&(0.40 \times 15 \%)+(0.50 \times 10 \%)+(0.10 \times-3 \%) \\
=& 0.06+0.05-0.003 \\
=& 0.107[/tex]
Calculate the standard deviation of the investment as follows:
[tex]\begin{aligned}
\text { Standard deviation }=&\left\{\begin{array}{l}
\text { Probability } \left.\times(\text { Return }-\text { Expected return })^{2}\right)+ \\
\text { (Probability } \left.\times(\text { Return }-\text { Expected return })^{2}\right)+ \\
\text { (Probability } \left.\times(\text { Return }-\text { Expected return })^{2}\right)
\end{array}\right.[/tex]
=[tex]\sqrt{\left(0.40 \times(0.15-0.107)^{2}\right)+\left(0.50 \times(0.10-0.107)^{2}\right)+} \\
=\sqrt{0.0007396+0.0000245+0.0018769} \\
=\sqrt{0.002641} \\
=0.05139066063011[/tex]
Making decisions about how Threadless should allocate its resources to both current and future product innovations is a process known as:_______
a. long-term financing.
b. financial planning.
c. financial management.
d. short-term financing.
e. budgeting.
Answer:
c. financial management.
Explanation:
financial management can be regarded as carrying out activities such as organizing, controlling as well as planning of financial resources in order to achieve the goals of the organization. It involves the well utilization of funds in a particular Enterprise. It should be noted that Making decisions about how Threadless should allocate its resources to both current and future product innovations is a process known as financial management.
Making decisions about how Threadless should allocate its resources to both current and future product innovations is a process known as Financial management.
Financial management can be defined as the strategic planning, organising, directing, and controlling of financial resources in an organisation.
Financial management can be applied in making the following decisions in an organization:
Investment decisionDividend decisionFinancing decisionIt also involves applying the principles of management to the financial assets or allocation of resources in an organization.
Therefore, Financial management is the decision used to allocate resources to both current and future product innovations in a company.
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Target Corporation reported the following information in a recent Form 10-K. Consolidated Statement of Operations ($ millions) FY 2016 Cost of sales $67,596 Consolidated Statement of Financial Position ($ millions) FY 2016 FY 2015 Inventory $10,321 $8,282
What is the (a) inventory turnover ratio, and (b) average days in inventory, for the fiscal year ended January 30, 2016?
Answer: See explanation
Explanation:
a. inventory turnover ratio
This will be calculated as:
= Sales cost / Average inventory
= $67,596 / $9301.50
= 7.2672
= 7.27
(b) average days in inventory.
This will be calculated as:
= 365 days / Inventory turnover ratio
= 365 / 7.27
= 50.20
= 50 days
Note:
Average inventory = ($10,321 + $8,282) / 2 = $9301.50
Grievances are official complaints made by employees regarding an issue that they feel is wrong or unfair. Grievances are usually resolved with the help of a(n):____________
Answer:
Mediator
Explanation:
Mediation is sad to be Neutral third party in dispute settlement. The mediator is saddle with the responsibility by assisting the disputing parties to reach their own agreement.
Mediator role is to analyze and asses critical situations and design intervention to cancel or fault the causes of conflict.
Grievance Mediation is a type of mediation used to settle conflict, grievance or disagreement in relation to union grievances in an organized labor setting.
Advantages of Grievance Mediation includes high settlement rates, high satisfaction, facilitates communication and others.
Does anyone know how to slap babies correctly?
Answer:
no don't do that.
Explanation:
Answer:
Yes. You get in the car, buckle up, ad drive to the police station and turn yourself in for child abuse :)
Explanation:
A firm has a return on equity of 16 percent. The total asset turnover is 1.5 and the profit margin is 9 percent. The total equity is $3,500. What is the net income?
Answer:
the net income is $560
Explanation:
The computation of the net income is shown below;
Return on equity (ROE) = net income ÷ total equity
16% = net income ÷ $3,500
net income = $3,500 × 16%
= $560
hence, the net income is $560
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The owner of a real estate office prepared a cash flow budget for the coming month. The beginning cash balance was $1,500.
Projected revenue and costs are:
• revenue of $5,000
• supply costs of $1,000
• staff payroll of $2,500
• rent of $1,000
• insurance of $100
Match the dollar amount to the correct line item on a cash flow budget:
non
Answer:
I need to put middle school mode on
Here I Sit Sofas has 7,500 shares of common stock outstanding at a price of $98 per share. There are 760 bonds that mature in 34 years with a coupon rate of 7.2 percent paid semiannually. The bonds have a par value of $2,000 each and sell at 110.5 percent of par. The company also has 6,400 shares of preferred stock outstanding at a price of $51 per share. What is the capital structure weight of the debt
Answer:
61.28%
Explanation:
Equity market value = Number of shares*price/share
Equity market value = 7,500 * $98
Equity market value = $735,000
Current debt value = Number of bonds*price/bond
Current debt value = 760*(1.105*2000)
Current debt value = $1,679,600
Preferred stock value = Number of shares*price/share
Preferred stock value = 6,400 * $51
Preferred stock value = $326,400
Total capital = Common equity value + Debt value + Preferred stock value
Total capital = $735,000 + $1,679,600 + $326,400
Total capital = $2,741,000
Weight of debt = Debt value / Total capital
Weight of debt = $1,679,600 / $2,741,000
Weight of debt = 0.6127690623859905
Weight of debt = 61.28%
Assume that Smith deposits $500 in currency into her checking account in the XYZ Bank. Later that same day, Jones negotiates a loan for $2,000 at the same bank. In what direction and by what amount has the supply of money changed?
Answer: See explanation
Explanation:
Supply of money simply means the money available at a particular time period for an economy.
In the above scenario, the loan of $2000 will lead to an increase in the supply of money available in the economy by $2000.
It should be noted that the deposit made by Smith in the value of $500 does not bring about in the change of the money supply. This is because tye. $500 is still considered to be part of the money supply that is available in the economy.