The focus paid by the company selling a product to the issue of verifying that the procedures used in manufacturing it are morally (socially) upright has an influence on the purchase decisions of some clients.
What does Cosmetics mean? What does Product mean?
The word "cosmetic" is related to appearance and beauty. Similarly to heart surgery, cosmetic surgery improves one's appearance but is not medically required. A building's look is the only thing that is changed by cosmetic changes. Cosmetic is usually equivalent with decorative or ornamental.
The thing being sold is called a "product." An item or service can be considered a product. Physical, virtual, or internet forms are all possible. Every good has a price since it costs money to make it. The market, quality, marketing, and targeted market group all influence the cost that can be paid.
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In a ______ decision process, users, influencers, or deciders in the buying center want to change product specifications, price, delivery schedule, or suppliers.
In a modified rebuy decision process, users, influencers, or deciders in the buying center want to change product specifications, price, delivery schedule, or suppliers.
In a modified rebuy, a corporation can renew a product from a vendor that has been approved, but certain changes are made to the product's features, design, packaging, quantity, and delivery schedules. This change may be reflected in the client's requirements or alternatively in the supplier's offering.
Modified Rebuy assists the company in making significant time savings. Businesses keep a list of these products and supplies that can be repurchased from the same supplier or from a different one on a pre-approved list who has already been on board and is familiar with the requirements.
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Attempts to increase financial resources are part of the ____________ component of financial planning.
Attempts to increase financial resources are part of the planning component of financial planning.
What is Financial Planning?
The process of evaluating the capital necessary and figuring out the competition is known as financial planning. It is the process of establishing financial guidelines for the allocation, management, and administration of an organization's funds.
Goals of Financial Planning:
The calculation of capital requirements will be based on the cost of current and fixed assets, promotional costs, and long-term planning. The need for capital must be considered from both short- and long-term perspectives.Calculating the capital structure. The capital structure is the ratio of the types and amounts of capital that the company needs to operate. This involves judgments about the debt-to-equity ratio, both in the short and long term.defining financial policies in reference to borrowing, lending, and cash management.Thus, financial planning is very crucial to multiplying your funds.
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Entrepreneurs that are committed to both good business and changing the world for the better are known as?
Entrepreneurs that are committed to both good business and changing the world for the better are known as social entrepreneurs.
Who is an entrepreneur?An entrepreneur can be defined as an individual who is involved in the buying and selling of goods and services, usually from scratch or in a small capacity.
The qualities and characteristics of a entrepreneur.Generally, some examples of the qualities and characteristics of a successful entrepreneur include the following:
Socially responsibleCuriosityAn entrepreneur is a planner.An entrepreneur is a money manager.Adaptability.An entrepreneur never give up.An entrepreneur is business savvy.Decisiveness.An entrepreneur is passionate.Team Building.Risk Tolerance.Comfortable with Failure.An entrepreneur is confident.In this context, we can reasonably infer and logically deduce that entrepreneurs that are committed to both good business and changing the world for the better are known as social entrepreneurs because they are committed to both a positive social change and good business.
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An is auditor has been asked by management to review a potentially fraudulent transaction. the primary focus of an is auditor while evaluating the transaction should be to?
Assure that the integrity of the evidence is maintained. Any crime can be solved with the right evidence.
Maintaining the integrity of the evidence should be the top priority because the IS auditor has been asked to conduct an investigation to gather data that may be used in court. In a court of law, improperly managed digital evidence may be deemed inadmissible.
A hash of the evidence should be produced before and during, or after, an acquisition in an effort to demonstrate that it was not tampered with.
The extracted content's MD5 and SHA1 hashes are computed and stored in a report together with other information about the drive to ensure the integrity of digital evidence.
To be admissible in a court of law, evidence integrity must be safeguarded. Although digital evidence is more revealing, it is brittle and is quickly altered. To preserve the integrity of digital evidence, a variety of procedures are available.
Unauthorized use of a person's accounts or payment information is a fraudulent transaction. Fraudulent transactions may cause the victim to lose money, possessions, or personal data. Fraud in the payments sector refers to the unauthorized use of a credit card number without the consent of the actual cardholder. A fraudulent charge is typically caused by a stolen credit card or card number. When a cardholder notices a payment transaction on their credit card statement that they did not make, they have the option to dispute the charge by getting in touch with their bank. Following an investigation by the bank or credit card provider, the money is returned to the cardholder.
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What is more important in determining station wagon purchase. family size or income(salary)?
The bottom line is that family trust has a much greater effect on the likelihood that a family will purchase a station wagon than does income.
What is Trust?Anyone who creates a trust (the settlor) grants the trustees authority over the resources they are allocated. These administrators may be either natural or legal persons. The asset is now in the trustee's legal possession, and the beneficiary of the trust is the rightful owner. The trustee must abide by the conditions set forth by the settlor. To watch after the "trustee," a "protector" may also be designated. A trust has no independent legal existence.
Before trust laws were founded in England, a sort of trust already existed in the Islamic world during the ninth century. The waqf type in Islam has a settlor, trustees, beneficiaries, and a qadi (judge) to settle disagreements.
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matilda is really excited. today she found out that her company, a.k. auto repair, is changing their performance review system to include self-reviews from individuals. matilda thinks the new review process will have a big impact on at the company, and she is excited to see the company include in their policies.
matilda is really excited. today she found out that her company, a.k. auto repair, is changing their performance review system to include self-reviews from individuals. matilda thinks the new review process will have a big impact on at the company, and she is excited to see the company include in their policies. procedural justice, organizational justice.
What is procedural justice?
The concept of procedural justice, also known as procedural fairness, holds that how people view the justice system is more closely related to how they felt during the process and how they were treated than to how they felt about the outcome. For instance, if a member of the public receives a speeding ticket (a negative outcome), but was treated fairly by the officer issuing the ticket (a positive process), the driver is more likely to accept the decision.
Therefore,
matilda is really excited. today she found out that her company, a.k. auto repair, is changing their performance review system to include self-reviews from individuals. matilda thinks the new review process will have a big impact on at the company, and she is excited to see the company include in their policies. procedural justice, organizational justice.
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At the world price of 50 cents per bell pepper the united states imports ________ million bell peppers per day.
At the world rate of fifty cents in step with bell pepper the united states imports three million bell peppers in step per day.
United states of America. positioned in North the usa, the united states is considered to be the maximum powerful u. s. a . within the world. It consists of 50 states, and its economic and military energy is unrivaled.
Widely recognized for its records, its film industry, its tune enterprise and its dozens of precise and historic monuments, America is one of the greatest cultural, political, and monetary powers inside the global. some key facts approximately us : Capital: Washington. populace : 330 252 859 millions.
The United States enjoys overwhelming advantages over China. the USA outweighs China in terms of gross domestic product (GDP), technology, and navy spending. China's GDP is 15 percent of global GDP, as compared to 24 percent of America's.
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qri’s in-house marketing department decides to use in print ads for power up! direct quotes from a study that shows the ingredients in power up! are safe and effective. the study was done by deep topics, inc. a private, for profit research/think tank organization. qri does not obtain the permission of deep topics to use the study in its advertisements. deep topics files a suit against qri, alleging infringement of the plaintiffs' intellectual property rights. which type of intellectual property is involved in this situation? what is qri's likely defense? how is a court most likely to rule? explain.
The copyright in this case is patent intellectual property rights. Qri's defense focuses on what the prosecution must disclose to the defense. The Justices use the "Rule of Four” to decide if they will take the case.
Criminal discovery law focuses primarily on the information that the prosecution must provide to the defense in copyright cases.
The prosecution is, after all, the side with the most resources and information. However, in certain ways, discovery is reciprocal: Defendants are required to provide the prosecution with specific information. Reciprocal discovery is the term for this duty.
The "Rule of Four" is used by the Justices to determine whether or not to take the case. A writ of certiorari will be issued if four out of the nine Justices believe the case has merit. The lower court is required by law to submit the high court case's documents so they can review them.
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during macie's presentation, the manager of another department asked her for some statistics she did not have on hand. she promised to get it to him, looked up the statistics the next morning, and emailed them to him right away. which aspects of credibility were enhanced by macie's action?
During Macy's presentation, the manager of every other branch requested her for some facts she did not have available.
she promised to get it to him, appeared up the records the following morning, and emailed them to him right away. which aspects of credibility had been better.
the first step in getting ready for a presentation is to learn greater approximately the target audience to whom you will be speaking. it is a very good idea to reap a few data on the backgrounds, values, and interests of your target market so you apprehend what the audience contributors would possibly anticipate from our presentation.
one of the satisfactory ways to be enjoyable right now before your presentation is to talk with the target audience participants. Greet them at the door, walk around the room, interact in small communication, and find other approaches to break the ice and help you and your target market contributors heat as much as each different.
when rehearsing a presentation, it's far helpful to apprehend and prevent fillers along with umm and ahh; in order that the presenter maintains on course with the presentation without stammering and it calls for no longer extending the filler so much for it may be dull subsequently recognizing and prevent.
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NEED HELP ASAP Select the correct answer.
In the following sentence, identify the sequence of the criteria based on SMART principles. Your choice of sequence should match the sequence of italicized phrases.
“Given my current skill set and educational qualifications, I wish to become an analyst with a leading credit rating firm in the next five to seven years.”
A-Time Bound, Specific, Realistic
B-Time Bound, Realistic, Specific
C-Specific, Realistic, Time Bound
D-Realistic, Specific, Time Bound
The correct sequence of the criteria based on SMART principles in the given sentence is:C - Specific, Realistic, Time Bound .Option C is correct.
SMART is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Time-Bound. In the sentence provided, the italicized phrases are "analyst with a leading credit rating firm" (Specific), "given my current skill set and educational qualifications" (Realistic), and "in the next five to seven years" (Time-Bound).
Specific: The goal is clearly defined as becoming an analyst with a leading credit rating firm.Realistic: The goal is based on the person's current skill set and educational qualifications.Time Bound: The goal has a specified timeframe of five to seven years.Therefore, the correct sequence is C - Specific, Realistic, Time Bound.Option C is correct.
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Within the equity section of the balance sheet, any non-controlling or minority interests would be best described as:____.
A controlling, or majority, investment in a firm, where the investor has voting rights and frequently influences the company's direction, can be contrasted with a non-controlling interest.
An ownership position in which a shareholder holds less than 50% of the outstanding shares and has no decision-making authority is referred to as a non-controlling interest, sometimes known as a minority interest. Potential voting rights are not taken into account while calculating non-controlling interests, which are calculated at an entity's net asset value. Today, the majority of shareholders in publicly traded corporations would be deemed to have a non-controlling interest, with even a 5% to 10% equity ownership being seen as a sizable holding in a single business.
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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:_____.
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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when consumers make decisions without much thought or product comparison, they are engaged in .
when consumers make decisions without much thought or product comparison, they are engaged in Habitual decision making.
What is Habitual decision making?
Routine decision-making is another name for habitual decision-making. This is due to the fact that when an issue is identified, consumers do not at all seek information. Choice is frequently driven by habit. When a consumer wants to address a problem, they typically have a certain brand in mind since they are confident that brand or product will be beneficial. Customers might have a preferred kind of beverage that they reach for when they are thirsty as an example.Consumer purchasing habits may also result from the fact that the buyer finds the product to be the best fit for his needs and continues to purchase it without seeking for alternatives. And it doesn't imply that the customer has less options and must make a decision regardless.To know more about Habitual decision making visit:
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a price control is: a a tax placed on the sale of a good which controls the market price. b an upper limit on the quantity of some good that can be bought or sold. c a legal restriction on how high or low a price in a market may go. d when a firm controls the price of the good it produces. e a government policy used to keep prices artificially low, but never used to keep prices artificially high.
A price control is a legal restriction on how high or low a price in a market may go.
Price controls are minimum or maximum prices set by the government for specified commodities and services. Price controls are implemented to manage the market's affordability of goods and services. Minimums are referred to as price floors, while maximums are referred to as price ceilings.Price controls are restrictions imposed and enforced by governments on the prices that can be charged in a market for products and services.There are two types of pricing control: a price ceiling, which is the maximum price that can be charged, and a price floor, which is the most affordable price that can be charged. Rent control is a well-known example of a price cap since it restricts the rent increases that a landlord is permitted by the government to charge.Thus this is the meaning of Price control.
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andrew lives in detroit and runs a business that sells guitars. in an average year, he receives $723,000 from selling guitars. of this sales revenue, he must pay the manufacturer a wholesale cost of $423,000; he also pays wages and utility bills totaling $267,000. he owns his showroom; if he chooses to rent it out, he will receive $2,000 in rent per year. assume that the value of this showroom does not depreciate over the year. also, if andrew does not operate this guitar business, he can work as a financial advisor, receive an annual salary of $20,000 with no additional monetary costs, and rent out his showroom at the $2,000 per year rate. no other costs are incurred in running this guitar business.
The main function of a service business is the delivery of value to the customer.
A service business is made up of experts who help in the delivery of a particular work. Examples of service businesses include food service, transportation, retail, distribution, etc.
It should be noted that every business wants to make a profit. Profit is important in order to grow the business. Despite the profit-making motive of businesses, some businesses are more concerned with how to retain their customers.
In conclusion, it should be noted that retaining customers is vital to brand loyalty and the growth of the business.
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Electronic data interchange (edi) enables ____ inventory systems, which rely on computer-to-computer data exchange to minimize unnecessary inventory. a. rfid b. tco c. jit d. crm
The correct option is (c). Electronic data interchange EDI enables JIT (just in time) inventory systems, which rely on computer-to-computer data exchange to minimize unnecessary inventory.
Electronic data interchange refers to the idea of organizations transferring information that was previously transferred on paper, such as purchase orders and invoices, electronically. To enable parties to transact such instruments without the need for specific arrangements, technical standards for EDI exist.
Electronic Data Interchange (EDI) is a method that enables businesses to transfer information to one another electronically rather than on paper. It is the electronic interchange of corporate information using a defined format. Trading partners are companies that conduct commerce electronically.
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Risk premiums on corporate bonds are usually anticyclical; that is, they decrease during business cycle expansions and increase during recessions. Why is this so?.
Corporate bond risk premiums are typically anticyclical, declining during business cycle expansions and rising during recessions. This is because there is a greater likelihood that debtors will be able to repay their loans if the economy is starting to grow.
During economic growth, risk premiums will decline as business income and profits rise. This will enhance the likelihood that the business will pay back the original amount owing and make it simpler for borrowers to make timely interest payments on their loans.
The additional investment return that an asset is anticipated to generate over and above the risk-free rate of return is known as a risk premium. Investors receive compensation in the form of a risk premium on an asset. With a particular investment, it rewards investors for their willingness to assume greater risk than with a risk-free asset.
For instance, bonds of exceptional quality issued by well-known companies that regularly make significant profits have low default risk. These bonds have lower interest rates than those offered by corporations with a lower level of reputation because there is a smaller chance of default and uncertain profitability. In order to make up for investors' increased risk tolerance, these less established enterprises need to pay higher borrowing rates.
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With respect to personal finance, what is the name of the most commonly used credit scoring system intended to help lenders predict how likely an individual is to repay a loan, or make credit payments on time?.
FICO Score is the most commonly used credit scoring system intended to help lenders for personal finance.
The Fair Isaac Corporation developed a credit score called a FICO score (FICO). Borrowers' FICO scores and other information from their credit reports are used by lenders to evaluate their credit risk and decide whether or not to grant credit.
When calculating credit worthiness, FICO scores use information from five categories: payment history, current debt load, credit kinds used, length of credit history, and new credit accounts.
Between 300 and 850 is the full FICO score range. A "good" credit history is often indicated by scores in the 670 to 739 area, and most lenders will view these scores favourably. In comparison, it could be challenging for consumers with credit scores in the range of 580 to 669 to acquire financing at competitive rates.
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the project management institute (pmi) develops procedures and concepts necessary to support the profession of project management. which of the following is not one of the three areas it focuses on?
The project management institute (PMI) develops procedures and concepts necessary to support the profession of project management. which of the following is not one of the three areas it focuses on Change in business goals during project planning.
Enterprise is the hobby of making one's living or creating wealth by means of generating or shopping for and selling products. it is also "any interest or agency entered into for income.
A business is described as a company or enterprising entity engaged in industrial, industrial, or professional sports. companies may be for-profit entities or non-earnings organizations. enterprise types variety from restricted legal responsibility agencies to sole proprietorships, corporations, and partnerships.
The definition of enterprise is an occupation or change and the purchase and sale of products or services to make a income.
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Economy is listed as one criteria of a good tax system. what is meant by economy in this context?
Economy requires that the system should minimize compliance and administration costs.
What is compliance in simple terms?
The Cambridge Dictionary defines compliance as follows: 'the act of obeying an order, rule, or request'. Wikipedia states that 'In preferred, compliance method conforming to a rule, which includes a specification, policy, fashionable or regulation.
What's the which means of compliance paintings?
Compliance work means the paintings to comply with the development situations inside the WAPC Conditional Approval. This can encompass entering into criminal agreements with Stakeholder organization(s) and the fee of prices, prices and contributions to those employer(s).
What is compliance example?
A pupil assisting any other scholar with their homework when asked. Buying an item due to the fact a sale man or woman encourages you to accomplish that. Supporting a friend due to the fact they ask you for a want. helping someone due to the fact they have got helped you within the past.
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Reverse innovation occurs when a company develops a product that meets the needs of a developed country and then adapts it to the needs of the developing country.
a. true
b. false
Reverse innovation occurs when a company develops a product that meets the needs of a developed country and then adapts it to the needs of the developing country.
The given statement is False
Almost all value chains in the production of goods are experiencing a decline in trade intensity, even while output and trade both continue to rise in absolute terms. Data and service flows are become considerably more important in connecting the world economy. In addition to developing more quickly than trade in products, services also generate value that is much greater than what is shown in national accounts. Using other metrics, we discover that the value of services in global trade already exceeds that of products. Additionally, information is becoming more and more important in every global value chain. Low-skill labor is losing value as a production element. Contrary to common belief, labor-cost arbitrage today accounts for just around 18% of global goods trade.Three causes account for these shifts: the effect of new technologies; the expansion of more extensive domestic supply chains in those countries; and the rising demand in China and the rest of the developing world, which allows these nations to consume more of what they create.A change is currently taking place in globalization. However, reliving the past rather than moving to the future is frequently the focus of the public debate on trade. The range of nations, businesses, and workers who stand to win in the coming period is evolving. Policy makers and corporate executives may better prepare for the opportunities and difficulties that the next phase of globalization will bring by understanding how the landscape is changing.To learn more about value chain visit:https://brainly.com/question/1380316
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Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?.
Your question is incomplete. Here is the full question:
The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Bal 0 (b) 156,400 (a) 170,000 13,600 Work In Process Bal 0 (f) 519,600 (b) 133,200 (c) 170,400 (e) 216,000 0 Finished Goods Bal 0 (g) 472,000 (f) 519,600 47,600 Manufacturing Overhead (b) 23,200 (e) 216,000 (c) 27,200 (d) 158,400 7,200 Cost of Goods Sold (g) 472,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?
Answer:
Used in Production $ 133,200
Explanation:
Raw Materials T accounts:
DEBIT CREDIT
Beginning 0
Used 156,400
Purchased 170,000
Ending Balance 13,600
Glancing at the T-account, the debit conveys purchases of Raw materials, while the credit is the number of materials utilized, whether indirect or direct.
To glance for the amount used, we glance into:
WIP inventory
DEBIT CREDIT
133,200 <-- DIRECT MATERIALS
Manufacturing Overhead
DEBIT CREDIT
23,200 <-- INDIRECT MATERIALS
Job order costing is a costing technique utilized to define the cost of production per product. This costing method is normally adopted when a manufacturer delivers various products and requires calculating costs for doing individual jobs. Job costing incorporates direct labor, direct materials, and manufacturing overhead for that special job.
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now in its 57th year, the puleo pumpkin patch is a popular destination for families to go on hay rides and get pumpkins for carving into jack-o-lanterns. lorenzo, the owner, plants the same variety of pumpkin seeds as his dad did when he originally opened the business. lola, lorenzo’s daughter and the assistant manager, has read seed reports from the last five years. lola suggests they begin planting a pumpkin variety that grows more quickly, is more drought-tolerant, and produces a heartier pumpkin. to follow lola’s suggestion would mean that lorenzo is following
To follow Lola’s suggestion about planting a pumpkin variety that grows more quickly, is more drought-tolerant, and produces a heartier pumpkin would mean that Lorenzo is following b) evidence-based management.
What is evidence-based management?Evidence-based management is a management approach that sets aside the well-known generally accepted conventions and hierarchy of opinion in favor of applying critical thinking and the best available evidence for decision-making.
Evidence-based management depends on the following principles:
Convert information needs to questions.Find the best evidence to answer the questions.Appraise the evidence for validity and usefulness.Apply the results of the appraisal.Evaluate the performance.Evidence-based management is not the same as the contingency viewpoint, the human relations movement, or operation management.
Thus, to follow Lola's suggestion would imply that Lorenzo is following b) evidence-based management.
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Question Completion with Answer Options:a) contingency viewpoint
b) evidence-based management
c) the human relations movement
d) operation management
Custom creations furniture company manufactures furniture at its akron, ohio, factory. some of its costs from the past year include:______.
The manufacturing overhead costs from customs creation furniture would be put as $261800.
What is meant by manufacturing overhead?This is the term that is used to refer to all of the indirect costs that would be incurred due to the fact that a product is being produced
The calculation would be:
Depreciation on factory equipement = $16,800
Add: Factory supervisory salary = 50,700
Add: Lubricants used in factory equipment = 3,200
Add: Insurance costs for factory= 21,800
Add: Wages paid to maintenance workers = 115,200
Add: Utilities in factory = 54,100
We would have to sum up all of these values = $16,800 + 50,700 + 3,200 + 21,800 + 115,200 + 54,100
Hence the total manufacturing over cost would be $261,800
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We have achieved consumer equilibrium when we see that all remaining choices have?
The consumer's problem is the attempt made by the consumer to maximise total utility while taking these restrictions into account. Consumer equilibrium is the answer to the consumer's issue, which involves choices on how much the consumer will consume of a variety of goods and services.
Consumer EquilibriumConsumer equilibrium occurs when a customer, working with the available resources and current market prices, gets the most out of his current consumption pattern.
In this case, the customer is unlikely to alter his spending or quantity consumed. He gets the most use out of the goods he buys with the provided money.
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A. if the flashlight torch sells for $50, how many torches must hurricane sell each year to break even?
The torches must hurricane sold each year to break even is $ 21000.
Ending inventory value of torch = 1000 * 21(NOTE 1) = $ 21000
Total Variable Cost Per Torch = Direct Material + Direct Labor + Manufacturing Overhead (Variable)
= 11 + 4.50 + 5.50
= $ 21
Conclusion:- Ending inventory value of torches = $ 21000.
Break-even evaluation is an extremely useful tool for a business and has some significant benefits: it shows what number of products they want to promote to make certain a income. it indicates whether or not a product is well worth selling or is simply too volatile. it suggests the quantity of revenue the commercial enterprise will make at each level of output.
The damage-even factor is the factor at which overall price and total sales are equal, meaning there's no loss or advantage to your small commercial enterprise. In different words, you have reached the level of production at which the prices of production equal the sales for a product.
Break-even analysis is a manner to find out the minimal income volume in order that a business does now not suffer losses. A smash-even factor evaluation is a powerful tool for making plans and decision making, and for highlighting essential information like charges, portions bought, prices, and so much greater.
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The torches must hurricane sold each year to break even is $ 21000.
Ending inventory value of torch = 1000 * 21(NOTE 1) = $ 21000
Total Variable Cost Per Torch = Direct Material + Direct Labor + Manufacturing Overhead (Variable)
= 11 + 4.50 + 5.50
= $ 21
Conclusion:- Ending inventory value of torches = $ 21000.
Break-even evaluation is an extremely useful tool for a business and has some significant benefits: it shows what number of products they want to promote to make certain a income. it indicates whether or not a product is well worth selling or is simply too volatile. it suggests the quantity of revenue the commercial enterprise will make at each level of output.
The damage-even factor is the factor at which overall price and total sales are equal, meaning there's no loss or advantage to your small commercial enterprise. In different words, you have reached the level of production at which the prices of production equal the sales for a product.
Break-even analysis is a manner to find out the minimal income volume in order that a business does now not suffer losses. A smash-even factor evaluation is a powerful tool for making plans and decision making, and for highlighting essential information like charges, portions bought, prices, and so much greater.
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How many days of sales are in receivables at year-end? multiple choice a. 51.40 days b. 40.32 days c. 54.53 days d. 29.41 days e. 38.00 days
The number of days of sales in receivables at year-end can be found to be e. 38.00 days.
What were the days of sales in receivables?The Days of sales in receivables at year end can be found as:
= (Ending accounts receivable / Sales) x 360 days
The Account receivables were $86,150 and sales were $827,500.
The Days of sales in receivables at year end is:
= (86,150 / 827,500) x 360
= 38 days
Missing part of question:
Income Statement For the Year
Net sales $827,500
COGS 611,800
Depreciation 23,100
EBIT $192,600 Interest 9,700
Taxable income $182,900 Taxes 6,200
Net income $176,700
Balance Sheet Beginning of Year End of Year Cash $ 38,200 $43,700
Accounts receivable 91,400 86,150
Inventory 203,900 214,600 Net fixed assets 516,100 537,950 Total assets $849,600 $882,400
Accounts payable $136,100 $104,300 Long-term debt 329,500 298,200 Common stock ($1 par value) 75,000 82,000
Retained earnings 309,000 397,900
Total Liab. & Equity $849,600 $882,400
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if a firm is earning negative accounting profits, it implies a. that the firm’s economic profits are necessarily positive b. that the firm’s economic profits are necessarily negative c. that the firm’s economic profits are necessarily zero d. accounting profits alone cannot determine economic profits
If a firm is earning negative accounting profits, it implies more information is needed to conclude about accounting profits.
Accounting profit is a company's net income or revenue fewer expenses. By deducting entire costs from the overall revenue or return of a business or investment, you may calculate economic profit. Businesses disclose their accounting gains to investors on their income statements as well as to the IRS for tax reporting purposes.
Because it contains all required reporting of both revenues and expenses, accounting profit is one of the main sources of information used by investors. As a result, it comprises the full cost of goods sold as well as all marketing, general and administrative, finance, and realized gain and loss costs.
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What is the standard credit applied to the futa tax rate in non-credit reduction states?
The standard credit applied to the FUTA Tax rate in non-credit reduction states is 5.4%.
Standard Credit manner a Payment Method wherein a Domestic Customer will pay the licensee at once for Charges for Supply Activities after receiving a Bill, such fee now no longer drawn mechanically from a Domestic Customer's financial institution account with the aid of using cause of an immediate debit authorization or otherwise.
Standard Credit phrases are the fee phrases cited on the bill at the time of purchasing goods. It is a settlement among the customer and vendor approximately the timings and fees to be made for the products offered on credit. It is likewise called fee phrases.
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Gives details about the company’s cash at the beginning of the year and what is left at the end of the year, including some details about where cash was generated and where it was used during the course of the year.
Gives details about the company’s cash at the beginning of the year and what is left at the end of the year, including some details about where cash was generated and where it was used during the course of the year.
Statement of Cash Flows
What is Statement of Cash Flows?
A cash flow statement is a type of financial statement that gives total information about all of the cash inflows a business makes from continuing activities and outside investment sources. It also includes any cash outflows made within a specific time period to cover investments and business expenses. Key cash flow calculations to be aware of:Net income plus depreciation and amortization, changed working capital, and capital expenditure are all included in free cash flow. Operating Cash Flow is calculated by adding operating income to depreciation, taxes, and any changes to working capital.
Therefore,
Gives details about the company’s cash at the beginning of the year and what is left at the end of the year, including some details about where cash was generated and where it was used during the course of the year.
Statement of Cash Flows
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