Nicholas, Inc. has provided the following unit data for review: Simple ProductAdvanced Product Selling price$22.75$55.00 Variable cost10.0034.50 Pounds of scarce raw material per unit35 Which product, Simple or Advanced, is most profitable for Nicholas, Inc. to manufacture
The most profitable product for Nicholas, Inc. to manufacture based on unit data and contribution margin per unit of a scarce resource is Advanced Product.
What is a profitable product?A profitable product is one whose sales revenue covers the costs of production, selling, and administrative support.
A profitable product can be determined by determining the contribution margin per unit and dividing this by the units of a scarce resource that it consumes. The result is the contribution margin per unit of the scarce resource.
Thus, the product that yields the higher contribution margin per unit of a scarce resource is preferable to the rest.
Data and Calculations:Simple Product Advanced Product
Selling price $22.75 $55.00
Variable cost 10.00 34.50
Contribution margin per unit $12.75 $20.50
Pounds of scarce raw material per unit 35 35
Contribution margin per scare resource $0.364 $0.586
Thus, the most profitable product for Nicholas, Inc. to manufacture based on the given unit data and the contribution margin per unit of a scarce resource is the Advanced Product.
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What are the similarity and common characteristics of regulation, rule and policy?
Answer:
Policies are the rules and regulations that serve as a guiding principle for the organization while making decisions. On the other hand, procedures are the precise steps that are followed while carrying out an organization activity.
There is always a relation between them: Policies are rules that are made by organizations, to achieve their aims and goals. Policies are made by individuals, groups, companies, and even governments to carry out their plans. Regulations are rules that are made to make people comply and behave in a certain manner.
There is usually a relationship between rules, regulations, and Policies.
What is the relation between Policy and Regulations?Policies are rules that might be made through organizations, to reap their objectives and goals.
Policies are made through individuals, groups, companies, or even governments to perform their plans. Regulations are rules that might be made to make humans comply and behave in a sure manner.
Hence, these are the similarities and common characteristics of regulation, rule, and policy.
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Mention the things should be considered while selection of profession and formation of plan.
There are several factors that must be considered when choosing a profession and forming a career plan, such as the personality and interests of the individual.
How to choose the ideal profession?It is essential that the student does in-depth research on the fields of greatest interest, seeking support from sources that explain the professional area, responsibilities and development. It is also helpful to ask yourself a few questions, such as:
What are your interests?What are your skills?How is your personality?What academic training is required?Therefore, the choice of the appropriate profession must be personal and conducted in a consistent manner, as this choice will impact on different areas of the individual's personal and professional life.
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Saying "We can certainly look at replacing your phone with a refurbished model" rather than saying "Unfortunately, we can't replace your
phone with a new one." is an example of
a. assertive communication
O b. escalating the interaction
O c.active listening
O d. maximizing positive language
Answer:
Explanation:
Maximizing Positive Language.
We are saying we can do something - perhaps not what the customer wants, but it is something. That's saying what you can do, not what you won't. Answer A
You are not actively listening. You are talking. Not C
You are not being assertive. You are trying to negotiate. Not A
The second choice (escalating the interaction) would be what the second response would be doing. It's almost a rude statement. Not B
health insurance is designed to cover
Geer Corporation has had the following returns for the past three years, 10%, -9%, and 14%. Calculate its compound annual returns.
The compound annual returns rate for Geer Corporation with the past three years' returns of 10%, -9%, and 14% is 4.5%.
What is the compound annual return?The compound annual return of an investment is the annualized rate of return that considers the compound effect of the investment for each year.
The compound annual returns rate can be computed using an online finance calculator as below.
The computed rate can be applied to an imaginary investment amount to prove the mathematics as below.
Data and Calculations:N (# of periods) = 3 years
I/Y (Interest per year) = 4.5%
PV (Present Value) = $1,000
PMT (Periodic Payment) = $0
Results:
FV = $1,141
Total Interest $141
Maths:
Year 1: $1,000 x 4.5% = $1,045
Year 2: $1,045 x 4.5% = $1,092
Year 3: $1,092 x 4.5% = $1,141
Proof:
Year 1: $1,000 x 10% = $1,100
Year 2: $1,100 x -9% = $1,001
Year 3: $1,001 x 14% = $1,141
Thus, the compound annual returns rate for Geer Corporation with the past three years' returns of 10%, -9%, and 14% is 4.5%.
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Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct materials: 4 pounds at $8 per pound$ 32 Direct labor: 2 hours at $16 per hour32 Variable overhead: 2 hours at $6 per hour12 Total standard cost per unit$ 76 The planning budget for March was based on producing and selling 32,000 units. However, during March the company actually produced and sold 37,000 units and incurred the following costs: Purchased 160,000 pounds of raw materials at a cost of $7.40 per pound. All of this material was used in production. Direct laborers worked 67,000 hours at a rate of $17 per hour. Total variable manufacturing overhead for the month was $422,100. rev: 11_20_2017_QC_CS-109672 6. If Preble had purchased 182,000 pounds of materials at $7.40 per pound and used 160,000 pounds in production, what would be the materials quantity variance for March
The materials quantity variance for March for Preble Company, which manufactures a product, is $96,000 Unfavorable.
What is a materials quantity variance?A material quantity variance shows the difference between the actual materials consumed and the budgeted amount in production.
Computing the materials quantity variance helps management to determine the production efficiency.
The materials quantity variance can be computed using the following formula:
Materials Quantity Variance = (Standard Quantity Units – Actual Quantity Units ) ✕ Standard Cost Per Unit.
Data and Calculations:Planned production and sales units = 32,000 units
Actual production and sales units = 37,000 units
Standard Costs:Direct materials: 4 pounds at $8 per pound $ 32
Direct labor: 2 hours at $16 per hour 32
Variable overhead: 2 hours at $6 per hour 12
Total standard cost per unit $ 76
Actual Costs:Purchase of raw materials = 160,000 pounds
Cost of purchase per pound = $7.40
Direct labor hours = 67,000 hours
Direct labor rate = $17 per hour
Total variable manufacturing overhead = $422,100
Materials Quantity Variance = (Standard Quantity Units – Actual Quantity Units ) ✕ Standard Cost Per Unit.
= (37,000 x 4 - 160,000) x $8
= $96,000 Unfavorable
Thus, the materials quantity variance for March for Preble Company is $96,000 Unfavorable.
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An article in the Economist observed that "people of all ages would gain from policies that boosted growth and productivity."
Source: "Slower Growth in Ageing Economies Is Not Inevitable," Economist, March 28, 2019.
a. What do people gain when the economy experiences growth and improved productivity?
O A. Real wages increase when workers produce more output per hour.
O B. In general, increased productivity and economic growth are the key to rising living standards.
C. Workers receive higher real wages that allow them to buy more of the goods and services that firms produce.
D. Only A and B are correct.
O E. All of the above are correct.
b. Does increasing productivity automatically increase growth? Briefly explain.
O A. No, accumulating more inputs—such as labor, capital, and natural resources is the key to automatically increasing growth.
B. No, this assumption only holds true for high-income countries like the United States.
C. Yes, increasing productivity should automatically increase growth as measured by nominal GDP.
A. When the economy experiences growth and improved productivity, E. All of the above are correct.
b. accumulating more inputs—such as labor, capital, and natural resources is the key to automatically increasing growth.
What is economic growth?
This is a growth that exists in an economy due to the fact that there is an increase in the number of goods and services that are produced in the economy.
The growth is measured with comparison between two different periods of time.
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In the context of exporter and buyer relationships, the value of sales is high but business impact is low in which of the following relationship types?
The transactional relationship exist where value of sales is high but business impact is low since emphasis are on pure transaction rather than any other matters.
What is a business relationship?This means the connections that exist between the the people that engage in commerce transactions such as from:
buyer to sellerbuyer to exportersupplier to buyer.importer to buyer etc.The main types of relationships that exist in the business are transactional, functional, affiliative and strategic relationships.
Therefore, the transactional relationship is the answer.
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3. During Michael Jordan's NBA career (
percentage of 83.5% in regular seas
career, how many completed free thro
redictions: On
Accessibility: Investigate
OBI
During Michael Jordan's NBA career (1984–2003), he averaged a free throw completion percentage of 83.5% in regular season play. If Jordan threw 8,772 free throws in his career, how many completed free throws did he make?
Answer:
7324
Explanation:
We need to find the number of completed free throws out of total free throws
Since he completed 83.5% of them, you find 83.5% of 8772
83.5% can be rewritten as 0.835
[tex]8772 \times 0.835 = 7324.62[/tex]
We don't round up because it isn't 1 complete free throw. 0.62 is not 1 complete free throw so round down
Which statement below accurately describes Hope’s gross wages?
1. How would you market a health club in the south versus the East Coast or West Coast?
I will market a health club in the south through the use of Social Proof. Social proof, Targeted Email Marketing, the use of Website and Mobile App to push Referrals.
What is the aim of a health club?Health clubs are known to be as fitness centers or gyms. They are known to often give some specific services to make sure that members can be able to meet their fitness goals or purpose.
Note that Health clubs are an efficient tool way to spice up one's routine. I will market a health club in East Coast or West Coast through the use of gyms influencers, giveaway or the use of contest.
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Cert 4 real estate if an agent (A)_ that (B)_ or creates an (C)_ when there is (D) _ , they expose themselves to (E) _
The cert 4 is an illustration of real estate practices
The statements that complete the blanks are: A = provides; B = information; C = impression; D = no reasonable foundation; E = misrepresentation
What is the cert 4?The cert IV or cert 4 is a certificate that given an individual the licence to apply for the class 2 real estate agent practice, and it also helps the individual to perform real estate practices successfully.
How to complete the blanks?Under the business management law of real estate practices, we have the following estate practice law:
"If an agent provides information or creates an impression when there is no reasonable foundation, then they expose themselves to misrepresentation."
Using the above as a guide, the statements that complete the blanks are:
A = provides; B = information; C = impression; D = no reasonable foundation; E = misrepresentation
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PLEASE HELP ME I WILL MARK BRAINLIEST
Answer:
try taking a better picture I can really see your assignment
Explanation:
sorry
What do intentional torts, negligence, and strict liability have in common?
A. They involve injury to a person or property.
B. They demonstrate a breach of duty.
C. They show that a product is flawed.
D. They show that the defendant was at fault.
The common factor between intentional torts, negligence, and strict liability is that D. They show that the defendant was at fault.
What do the above have in common?Intentional torts refer to when a person commits a wrongful action on purpose while negligence refers to a failure to uphold one's duty.
Strict liability is when a person is liable for committing what they are accused of.
In all these cases, the defendant is at fault which means that the best option is therefore option D.
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), AP At the end of its first year, the trial balance of Wolowitz Company shows Equipment $30,000 and zero balances in Accumulated Depreciation—Equipment and Depreciation Expense. Depreciation for the year is estimated to be $3,750. Prepare the annual adjusting entry for depreciation at December 31, post the adjustments to T-accounts, and indicate the balance sheet presentation of the equipment at December 31.
Based on the depreciation balances and the equipment, the adjustments to the T-accounts and the Balance sheet will be:
Date Account title Debit Credit
December 31 Depreciation expense $3,750
Accumulated depreciation on $3,750
equipment
T account
Depreciation expense Equipment
December 31 $3,750
T account
Accumulated Depreciation on Equipment
December 31 $3,750
Balance sheet presentation
Assets
Property, Plant, and Equipment:
Equipment $30,000
Less: Accumulated depreciation ($3,750)
Equipment (Net book value) $26,250
What are the entries?Depreciation of $3,750 will be debited to the depreciation expense account. The accumulated depreciation account will be credited by the same amount.
In the balance sheet, the equipment value will be reduced by the depreciation amount to $26,250.
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BUSINESS LAW- TRUE OR FALSE
1. Under the UCC, a contract will generally fail because one or more terms are left open,
2. A contract without a quantity term is valid.
4. A contract for services is specifically covered by the UCC.
5. Whether there has been an offer is determined by a subjecive standard.
6. A says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." Thierë
is a contract.
7. Offers made in jest are always invalid.
8. B agrees to buy all of her requireinents from S. S agress. The contract fails for lack of a definite
quantity term.
9. A writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30
days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15
days later. B can nonetheless accept.
10. When an offeree learns from a third party that the offeror has sold the goods. the offer is re-
voked.
11. The modern view is that once the offeree of a unilateral contract begins to perionin, the offeror
inay not revoke his promise.
12. An offer continues until there is an express revocation of the offer.
13. A offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer
for S100.
14. A offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke.
15. Under the UCC, a non-merchant may make her offer irrevocable without consideration.
16. In general, an offeree must affirmatively convey his or her intention to accept an offer to enter in
to a bilateral contract
17. A says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. There
is a contract.
18. At common law, an offeree may request additional terms in accepting the offer.
19. Merchant S accepts Merchant B's offer with an additional clause providing for reasonable in
terest for overdue invoices. The additional clause is part of the contract.
20. Revocation of an offer sent by mail is elfective upon receipt.
21.. lla ained for forbearance of a legal right will constitut esileration
22. B agrees to buy a house offered by S if B gets a bank loan. There is a contract
A statement that is valid according to law of contract will be termed true while an invalid one is termed false.
Validity of the statementsUnder the UCC, a contract will generally fail because one or more terms are left open, (TRUE)A contract without a quantity term is valid. (TRUE)A contract for services is specifically covered by the UCC. TRUEWhether there has been an offer is determined by a subjecive standard. TRUEA says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." There is a contract. TRUEOffers made in jest are always invalid. FALSEB agrees to buy all of her requirements from S. S agrees. The contract fails for lack of a definite quantity term. TRUEA writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15days later. B can nonetheless accept. TRUEWhen an offeree learns from a third party that the offeror has sold the goods. the offer is re-voked. TRUEThe modern view is that once the offeree of a unilateral contract begins to perionin, the offeror may not revoke his promise. FALSEAn offer continues until there is an express revocation of the offer. TRUEA offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer for S100. TRUEA offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke. TRUEUnder the UCC, a non-merchant may make her offer irrevocable without consideration. TRUEIn general, an offeree must affirmatively convey his or her intention to accept an offer to enter into a bilateral contract TRUEA says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. Thereis a contract. TRUEAt common law, an offeree may request additional terms in accepting the offer. TRUEMerchant S accepts Merchant B's offer with an additional clause providing for reasonable interest for overdue invoices. The additional clause is part of the contract. TRUERevocation of an offer sent by mail is elfective upon receipt. TRUElla ained for forbearance of a legal right will constitut esileration TRUEB agrees to buy a house offered by S if B gets a bank loan. There is a contract TRUELaw of contractLaw of contract is an agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
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Please select the word from the list that best fits the definition
Requires accuracy and privacy of information contained in credit reports.
Answer:
they contains main
primary credit report
Expansionary fiscal policy to prevent real GDP from falling below potential real GDP would cause the inflation rate to be ________ and real GDP to be ________.
Expansionary fiscal policy to prevent real GDP from falling below potential real GDP would cause the inflation rate to be _higher_and real GDP to be higher.
Expansionary fiscal policy can be defined as the type of fiscal policy in which government intend to increase the aggregate money supply while on the other hand cut or reduce the tax rate for the purpose of economy growth.
In a situation were real GDP fall below potential real GDP this tend to lead to increase in both inflation rate and real GDP.
Inconclusion the inflation rate will be _higher_and real GDP will be higher.
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A manager with _____ skills has the ability to deal effectively with people inside and outside the organization.
Answer:
Interpersonal
Explanation:
PLEASE MARK ME AS BRAINLIEST AND HAVE A NICE DAY :)
Good planning and wise use of insurance can eliminate all risk. True or false?
Answer:
False.
Explanation:
Good planning and wise use of insurance are some ways you can reduce risk, but it won't eliminate all risk.
Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal policy. a. An increase in the money supply is fiscal policy. b. A decrease in taxes is fiscal policy.
Based on the tenets of fiscal policy, the following are true:
An increase in money supply is not an example of fiscal policy. A decrease in taxes is expansionary fiscal policy. What is fiscal policy?Fiscal policy refers to things that the government does in order to influence the economy through spending and taxation.
When there is a decrease in taxes for instance, this is expansionary fiscal policy as the government is trying to increase the amount that people have to spend.
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The Chief Strategy Officer for Miles Corporation is putting together a presentation using the Boston Consulting Group Matrix. The corporations pet products division has a low market share, but the pet products market is growing rapidly. This division should be placed in the _____________ quadrant of the BCG Matrix.
Cash cow
kitten
star
question mark
dog
The quadrant that the division on pet products should be placed on the BCG Matrix is the Question Mark.
What is the Question Mark quadrant?Companies and divisions that are put in the question mark quadrant of the BCG matrix are in markets that have a high rate of growth.
This hight rate of growth is however countered by the low market share that the division or company has much like the pet products division described above.
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PLEASE ANSWER
Which is an example of collateral consequences?
A. A craft store owner who sold defective blankets must pay
back her customers' money.
B. A man who stole computers from his company wears an
ankle monitor for one year.
C. A clerk who stole credit card information cannot get a job
after his release from prison.
D. A woman who ran a red light at a busy intersection must
pay a substantial fine.
Answer:
C.
Explanation:
Collateral consequences are legal and regulatory restrictions that limit or prohibit people convicted of crimes from accessing employment, business and occupational licensing, housing, voting, education, and other rights, benefits, and opportunities.
In this scenario, the clerk cannot get a job anymore after he stole credit card information. He cannot be trusted anymore due to his actions.
The example of collateral consequences is a clerk who stole credit card information cannot get a job after his release from prison. Thus option (C) is correct.
What is collateral consequences?Collateral consequences refer to the additional penalties or legal disabilities that result from a criminal conviction or arrest, beyond the direct sentence imposed by the court.
These consequences can include loss of voting rights, difficulty finding employment or housing, ineligibility for government assistance programs, and restrictions on the ability to obtain professional licenses or own firearms, among others.
A clerk who stole credit card information cannot get a job after his release from prison is an example of collateral consequences. Therefore, option (C) is correct.
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Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued at a premium includes a __________ to __________.
debit; Premium on Bonds Payable
debit; Cash
credit; Premium on Bonds Payable
credit; Interest Expense
3. A U.S. MNC needs to raise capital of $100 million by issuing bonds. The firm can either raise US$ at 5% interest rate or issue foreign bond in Germany denominated in Euro at 6%. The Euro is expected to depreciate by 2% in the following year. What is the best alternative and how much is the effective dollar cost
1. The best alternative for raising $100 million in bonds is B. Borrow Euro.
2. The effective dollar cost of the U.S. MNC is B. approximately 5%.
What is the effect of borrowing the Euro?If the U.S. multinational company (MNC) borrows the $100 million by issuing Euro bonds, it will cost it $5 million annually but it will gain from the depreciation of the Euro by 2%.
The depreciation of the Euro reduces the effective interest rate of 6% for borrowing in the Euro to 4% (6% - 2%).
Answer Options:A. Borrow dollars and the effective dollar cost is approximately 4%.
B. Borrow Euro and the effective dollar cost is approximately 5%.
C. Borrow Euro and the effective dollar cost is approximately 7%.
D. Borrow dollars and the effective dollar cost is approximately 5%.
Thus, the best alternative and the effective dollar cost of the U.S. MNC raising capital of $100 million through the issuance of bonds is B. Borrow Euro and the effective dollar cost is approximately 5%.
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GIVING BRANLIEST!!!!!!!!!!!!!!!!!!
What are some examples of Employees who represent two careers from the Arts, AV Technology & Communication Cluster
What are some examples of Employees who represent two careers from the Arts, AV Technology & Communication Cluster:
Broadcast TechnicianSoundboard OperatorEquipment operatorActorGraphic DesignerInterior Designer
I attached a diagram that I found with more examples
Hope that helps!
Simone, owner of the Blue Canoe Coffee Shop, ran a report showing the identified valued customer visits the shop on average 15 times in a 30-day period. Simone now wants to break down the information further to determine how many visits she should expect in a 20-day period from a tracked value customer. How many visits should Simone expect
Answer:
30 day period the average number o…
Research from the Blue Canoe Coffee Shop revealed that the identified valued client visits the shop an average of 15 times in a 30-day period. The average number during a 30-day period.
What is research?Research is a process of systematized inquiry that entails the collection of data; documentation of critical collection; and analysis and interpretation of that data/aggregation, in accordance with suitable epistemologies set by specific occupational group fields and academic discipline scientists in the 19th and 20th centuries dug up graves and disturbed sacred sites and human remains in pursuit of their research into indigenous cultures.
As scientists need to research new things as they are willing to grave the land and find the things in it. They need to find new things from it. Research The Blue Canoe Coffee Shop did a survey that revealed the identified valued client visits the shop an average of 15 times in a 30-day period. The average number during a 30-day span.
Therefore, Research from the Blue Canoe Coffee Shop revealed that the identified valued client visits the shop on average
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Please answer quickly
who is me are you ok.
Answer:
I am ok, and you are a human being. Or are you...?