T/F definitions of a firm's mission as well as its marketing and financial objectives are included in the marketing strategy section of the marketing plan.

Answers

Answer 1

Definitions of a firm's mission as well as its marketing and financial objectives are included in the marketing strategy section of the marketing plan.

The statement is true

In addition to encouraging employees to find creative ways to move toward increasing their productivity with an eye toward achieving company goals, mission statements serve the dual purpose of assisting staff in staying focused on the tasks at hand.The mission statement of an organization identifies its culture, values, ethical standards, core objectives, and agenda. It also describes how each of these impacts the company's stakeholders, including its staff, distributors, suppliers, shareholders, and the general public. By using this statement, these entities can match their objectives with those of the company. The company's mission statement outlines what it does, how it does it, and why it does it. The mission statement can be used by potential investors to determine whether the company's values coincide with their own.

To know more about firm here

https://brainly.com/question/28234604

#SPJ4


Related Questions

the jurisdiction, the building type, the occupancy classification, and who owns and operates the building will determine which accessibility requirements apply to a project

Answers

True: The jurisdiction, the building type, the occupancy classification, and who owns and operates the building will determine which accessibility requirements apply to a project.

Buildings and structures of an accessory character, as well as miscellaneous structures not classified in any specific occupancy, must be built, equipped, and maintained to meet the requirements of this code in proportion to the fire and life hazard associated with their occupancy. Hence, the given statement seems correct.

When the correct occupancy classification is chosen, the building's components and features are designed to provide a reasonable level of protection to the building and its occupants. Many different fire and life safety features are required based on the occupancy classification. These specifications reflect the distinct and expected characteristics of the anticipated occupants of that space, such as self-preservation ability, familiarity with the space, age, and alertness.

To know more about occupancy classification, refer to the following link:

https://brainly.com/question/14594391

#SPJ4

fill in the blank: resources in a design system contain helpful tools like to help designers build designs quickly and learn how to use elements effectively.

Answers

The primary focus for a designer being part of such a team should not be to design components on their own; it should be to guide and support others, collaborating and networking, building the system together.

A design system lets you build more products without exponentially increasing your team. This works by centralizing design and UI decisions and alignment. The issue when scaling to more or bigger products with multiple teams is not technological but human. Audit the existing product. Go through your product and review all of its various front-end design elements. Define your design language. Build a pattern library of common design elements. Document guidelines on how and when to use design elements. A design system is a complete set of standards intended to manage design at scale using reusable components and patterns. One benefit of a design system is built-in consistency through a single source of truth with tried and tested components that can be applied to any project.

To learn more about networking please click on below link.

https://brainly.com/question/15002514

#SPJ4

Which of the following describes the process of dividing a market into distinct groups that have common needs and characteristics?
A) Differentiation B) Mass marketing
C) Market targeting D) Market segmentation E) Positioning

Answers

Market segmentation describes the process of dividing a market into distinct groups that have common needs and characteristics.

Market segmentation: What is it?

Market segmentation is a strategy used by businesses to categorize their prospective customers into several groups.

As a result, the company is able to allocate the appropriate resources to each unique category, enabling more accurate targeting across a variety of marketing initiatives.

The practice of segmenting a big consumer or corporate market into smaller consumer groups, often made up of present and potential customers, is known as market segmentation (known as segments). Market segmentation is a strategy that breaks the target market up into smaller groups based on characteristics they have in common, such as age, income, personality traits, behavior, interests, needs, or location. These categories can be used to improve marketing, sales, and other related operations.

To learn more about market segmentation click,

brainly.com/question/5545577

#SPJ4

The difference between ______ costs and ______ costs determines how and when the cost will be matched up against revenue on the income statement.

Answers

The manner and timing of the cost matching up against revenue on the income statement are determined by the difference between period costs and product costs.

What are period costs and product costs?

Product costs are the direct expenses incurred during a product's production. For instance, a manufacturer would incur costs for the following products:

Actual workBasic componentsSupplies for manufacturing.

Expenses that are directly related to the place of manufacturing, such electricity. The costs associated with bringing a product to market for a retailer would also include any supplies purchased from a supplier. In essence, any expenses made during the acquisition or production of a product are regarded as product costs.

Period costs are all costs that are not included in product costs. Period costs are not a direct result of the manufacturing process. Period costs include administrative, general, and sales (SG&A) expenses. SG&A costs cover expenses for the corporate office, sales, marketing, and general administration.

To more learn about period costs and product costs refer to:

https://brainly.com/question/13830502

#SPJ4

Staff can be trained to provide psychological first aid to survivors following a mass casualty incident. Psychological first aid includes five steps. Identify the missing step below: Listen - Provide an opportunity share experiences and express feelings. Protect - Protect individuals from further trauma and help reestablish feelings of physical and emotional safety. Connect - Help individuals reestablish supportive connections. ______________________________ Teach-Help individuals understand the normal range of stress reactions. Select the missing step from below: Report—Share

Answers

The missing step was  Model—Demonstrate calm and optimistic behavior.

What is meant by optimistic?

Optimists focus on the advantages of situations. They anticipate positive outcomes. They are confident in their capacity to influence favourable outcomes.An optimist is someone who is hopeful about the future or the accomplishment of a certain goal.A inclination toward expecting positive outcomes in the future is optimism. According to the literature we have just read, optimism is a mental attitude that has a significant impact on both physical and mental health as well as coping with daily social and occupational demands.According to a study by the Harvard Business Review, pessimists are six times more likely to be highly engaged at work and 40% more likely to receive a promotion in the upcoming year.

To learn more about optimistic refer to

https://brainly.com/question/7203723

#SPJ4

The missing step is: "Assess - Assess the individual's needs and provide appropriate support and resources."

What is meant by psychological first aid ?Psychological first aid is a method of providing support and care to individuals who have been affected by a traumatic event or crisis. It is a short-term, evidence-based approach that aims to reduce immediate distress and promote resilience.The five steps of psychological first aid include:Listen: Provide an opportunity for individuals to share their experiences and express their feelings.Assess: Assess the individual's needs and provide appropriate support and resources.Protect: Protect individuals from further trauma and help re-establish feelings of physical and emotional safety.Connect: Help individuals re-establish supportive connections with loved ones and other resources.Teach: Help individuals understand the normal range of stress reactions and provide information about coping strategies.It is important to provide immediate support and stabilization in the aftermath of a traumatic event

To learn more about Psychological first aid refer:

brainly.com/question/17348190

#SPJ4

The government must provide public goods such as national defense because
a) the production of public goods requires economies of scale that the private sector cannot achieve
b) it is generally impossible to exclude individuals who value public goods but do not pay for them
c) public goods cannot be produced in private competitive markets, since they have highly inelastic demand
d) private producers charge a price that is substantially greater than marginal cost
e) no single individual should have to pay for public goods, since they benefit society as a whole

Answers

e) no single individual should have to pay for public goods, since they benefit society as a whole. The government must provide public goods such as national defense.

It is difficult or impossible to exclude non-payers, and consumption by one individual does not decrease availability to others. These properties of public commodities include non-excludability and non-rivalry. It is challenging for the private sector to deliver and administer public goods due to these qualities. Because it helps everyone in society and is impossible to exclude non-payers from its advantages, national security is an example of a public good. Public goods like national defense must be provided by the government as a representation of society since the private sector cannot benefit from their provision while acknowledging their importance to society as a whole.

learn more about government  here:

https://brainly.com/question/16940043

#SPJ4

for a physics class containing 11 students, the maximum point total for the quarter was 200. the point totals for the 11 students are given in the stemplot below.

Answers

The maximum print score for the quarter was 200 points and applied to 10 students. Now. The 10 point totals. Students are offered in the stem plot that is presented here.

What coin is a quarter?

The quarter is the 25-cent coin used in the US. The obverse (heads) of the quarter features George Washington, who served as our nation's first president. Since 1932, the 200th anniversary of his birth, he has been featured on the quarter. Washington's right-facing portrait was created in 2022. On a company's financial calendar, a quarter is a three-month period that serves as the foundation for recurring financial reports and dividend payments. An acronym for a quarter, which stands for one-fourth of a year, is Q1 for the first quarter, Q2 for the second quarter, and so on.

Know more about Students Visit:

https://brainly.com/question/17332524

#SPJ4

what is the best project management course

Answers

Certified Business Analysis Professional is the best project management course.

What is the most respected project management certification?The most significant and widely accepted project management qualification is the PMP Certification. In project management, it is regarded as the industry's gold standard everywhere. The CAPM and Project+ continue to be the most well-known certifications for beginning project managers, with the PMP serving as the major professional goal and benchmark for aspirant professional IT project managers.Keep in mind the associated qualifications offered by PMI as well. Undoubtedly, earning a PMP certification is worthwhile. Statistically speaking, a trained PMP can anticipate a 20% wage raise. Like other project managers, I can attest that this accreditation provides a large return on investment.

To learn more about project management course refer to:

https://brainly.com/question/27995740

#SPJ1

Please answer the question...

Answers

The journal entry in 2024 to record revenue for Arizona Desert Homes (ADH), which recognizes revenue upon contract completion, is as follows:

Journal Entry:

2024:

Debit Accounts Receivable (Cactus Development Company) $3,405,000

Credit Contract Revenue $3,405,000

(To recognize the revenue upon contract completion.)

What is the journal entry?

The journal entry is the initial recognition (recording) of a business transaction in the accounting books.

According to the revenue recognition principle, revenue can only be recognized when the performance obligations have been fulfilled or the right to use the asset has been transferred to the other party.

In line with this principle, ADH should recognize the total contract revenue in 2024.

Transaction Analysis:

Accounts Receivable (Cactus Development Company) $3,405,000 Contract Revenue $3,405,000

Learn more about journal entries for revenue recognition at https://brainly.com/question/30159427

#SPJ1

the mergers and acquisitions of roche acquiring genentach (pharmaceuticals) and mars acquiring wrigley (candy) are examples of growth strategy, a type of grand strategy.

Answers

Yes, the mergers and acquisitions between Mars and Wrigley and Roche's purchase of Genentech are instances of growth strategies, a subset of grand strategies.

Explain the growth strategy's methodology.

A company's strategy for growing through merges, acquisition, or internal expansion is referred to as its growth strategy. These kinds of deals can give businesses access to new markets, customers, goods, and technologies, which can boost sales and profitability. An group's plan for overcoming present and foreseeable obstacles in order to achieve its expansion objectives is known as a growth strategy. Goals of a growth strategy can be to increase revenue and market share buy assets, or enhance the goods and services offered by the firm. A new product launch or the creation of a marketing plan to appeal to a new market could be examples of strategic growth. These program frequently call for significant finance and resources, unlike organic growth.

To know more about Growth Strategy visit:

brainly.com/question/24914419

#SPJ4

assume an economy produces two goods, capital goods and consumer goods. if the production of capital goods increases in the current period, which of the following will occur for the current and future production possibilities curve (ppc) for consumer goods and capital goods?

Answers

A movement along the current PPC and a rightward shift of the future PPC. Thus, option 2 is correct.

What is production possibilities curve?

In economics, the maximum output of two goods using a fixed amount of input is represented by a production possibilities curve. The four production factors—land, labour, capital goods, and entrepreneurship—in any combination make up the input. When resources are allocated to producing more of one good and less of another, each point on the curve represents how much of that good will be produced.

Consider an economy that produces 20,000 oranges and 120,000 apples, for instance. That is point B on the diagram. It must produce fewer apples if it wants to produce more oranges. According to the chart, Point C can only produce 85,000 apples if it produces 45,000 oranges.

Learn more about production possibilities curve

https://brainly.com/question/15179228

#SPJ4

Complete question:

Assume an economy produces two goods, capital goods and consumer goods. If the production of capital goods increases in the current period, which of the following will occur for the current and future production possibilities curve (PPC) for consumer goods and capital goods?

A movement along the current PPC and a leftward shift of the future PPCA movement along the current PPC and a rightward shift of the future PPCA rightward shift of the current PPC and a leftward shift of the future PPCA rightward shift of the current PPC and a rightward shift of the future PPC

when a competitive firm is in long-run equilibrium, its accounting profits are greater than zero. group starts

Answers

The claim that all businesses in a completely competitive sector make no economic profits in long-run equilibrium is untrue.

What is the profit in long-term equilibrium for a competitive firm?

The accounting profits of a competitive firm are greater than zero when it is in long-term equilibrium.Economic profits encourage entry, economic losses discourage exit, and in the long term equilibrium, businesses in a completely competitive sector will generate no economic profit.

What occurs when a business is in long-term equilibrium?

When a company adjusts its plant(s) to create output at the least point of their long-term Average Cost (AC) curve, it has reached equilibrium over the long run. The tangent of this curve

To know more about competitive firm in long-run visit:

https://brainly.com/question/25783852

#SPJ4

which of the following terms refers to a personal assessment of the net worth a consumer obtains from an activity?

Answers

Executives at headquarters are in charge of corporate-level strategy; Business strategies are the responsibility of divisional managers.

Who in an organization is in charge of strategic management?

The CEO is in charge of the strategic planning process and is in command of it. They frequently play the role of the visionary, hoping to present the options available for the future and obtain board approval.

Which division is in charge of strategy?

As a coordinating body, a corporate strategy department creates and implements strategies that advance the company's overall objectives while also meeting the needs of individual departments.

To learn more about corporate-level strategy here:

https://brainly.com/question/28249086

#SPJ4

gabi gram started the gram company, a new business that began operations on may 1. the gram company completed the following transactions during its first month of operations.

Answers

An income statement, also known as a profit and loss account, is one of a company's financial statements and displays the company's receipts and outlays for a specific time period.

What is Income Statement?An income statement, also known as a profit and loss account, is one of a company's financial statements and displays the company's receipts and outlays for a specific time period. It details the conversion of revenues into net income or net profit. A company's sales, costs, and profitability over time are displayed on an income statement. It may also go by the names profit-and-loss (P&L) or earnings statement. It displays your: revenue from the sale of goods or services; expenses incurred in generating revenue; and management of your business.

The final total for each account is determined in the general ledger as follows:

Cash Account

Date   Account Titles                  Debit       Credit

May 1 Common Stock             $40,000

May 1 Rent Expense                                   $2,200

May 5 Cleaning Services Expense              $750

May 8 Consulting Fees            $5,400

May 15 Salaries Expense                             $750

May 20 Accounts Receivable $2,500

May 25 Accounts Receivable $3,200

May 26 Accounts Payable                       $1,890

May 28 Salaries Expense                          $750

May 30 Telephone Expense                     $300

May 30 Utilities                                          $280

May 31  Dividends                                   $1,400

May 31  Balance                                   $42,780

Totals                                     $51,100   $51,100

Accounts Receivable

Date   Account Titles                  Debit       Credit

May 12 Consulting Fees          $2,500

May 20 Cash                                             $2,500

May 22 Consulting Fees        $3,200

May 25 Cash                                            $3,200

Totals                                      $5,700      $5,700

Equipment

Date   Account Titles                  Debit       Credit

May 3 Accounts Payable          $1,890

May 27 Accounts Payable              80

May 31 Balance                                          $1,970

Totals                                        $1,970      $1,970

Common Stock

Date   Account Titles                  Debit       Credit

May 1 Cash                                              $40,000

Accounts Payable

Date   Account Titles                  Debit       Credit

May 3  Equipment                                     $1,890

May 26 Cash                              $1,890

May 27 Equipment                                        $80

May 31  Balance                             $80

Totals                                         $1,970    $1,970

Consulting Fees

Date   Account Titles                  Debit       Credit

May 8 Cash                                                $5,400

May 12 Accounts Receivable                   $2,500

May 22 Accounts Receivable                    3,200

May 31  Balance                        $11,100

Totals                                        $11,100    $11,100

Rent Expense

Date   Account Titles                  Debit       Credit

May 1  Cash                              $2,200

Cleaning Services Expenses

Date   Account Titles                  Debit       Credit

May 5 Cash                                 $750

Wages Expense

Date   Account Titles                  Debit       Credit

May 15 Cash                                $750

May 28 Cash                               $750

May 31  Balance                                        $1,500

Totals                                       $1,500     $1,500

Telephone Expenses

Date   Account Titles                  Debit       Credit

May 30 Cash                                $300

Utilities Expense

Date   Account Titles                  Debit       Credit

May 30 Cash                                $280

Dividends

Date   Account Titles                  Debit       Credit

May 31 Cash                              $1,400

a.2. The determination that the equation is in balance is established through the Trial Balance as follows:

Date   Account Titles                  Debit       Credit

Cash                                         $42,780

Common stock                                         $40,000

Equipment                                 $1,970

Accounts payable                                           $80

Consulting fees                                          $11,100

Rent expense                         $2,200

Cleaning expenses                   $750

Wages expense                     $1,500

Telephone expense                $300

Utilities expense                      $280

Dividends                              $1,400

Totals                                   $51,180     $51,180

b. The preparation of the income statement is as follows:

The Gram Co.

Income Statement

For the month ended May 31

Service revenue                     $11,100

Expenses:

Rent expense          $2,200

Cleaning expenses    $750

Wages expense      $1,500

Telephone expense $300

Utilities expense       $280 ($5,030)

Net income                          $6,070

c. The preparation of the statement of owner's equity is as follows:

The Gram Co.

Statement of Owner's Equity

As of May 31

Common stocks issued $40,000

Net income                       $6,070

Dividends                        ($1,400)

Ending balance           $44,670

d. The preparation of the Balance Sheet is as follows:

The Gram Co.

Balance Sheet

As of May 31

Assets:

Cash                        $42,780

Equipment                 $1,970

Total assets            $44,750

Liabilities and equity:

Accounts payable        $80

Equity:

Common stock    $40,000

Retained earnings $4,670

Total equity         $44,670

Total liabilities and

owner's equity   $44,750

e. The preparation of the Statement of Cash Flows is as follows:

The Gram Co.

Statement of Cash Flows

Operating activities:

Net income                          $6,070

Increase in accounts payable $80

Net operating cash             $6,150

Investing activities:

Purchase of equipment    ($1,970)

Financing activities:

Common stocks issued $40,000

Dividends paid                 ($1,400)

Net financing cash        $38,600

Net cash flows              $42,780

Reconciliation:

Beginning cash balance        $0

Net cash flows              $42,780

Ending cash balance   $42,780

Data Analysis:

May 1 Cash $40,000 Common Stock $40,000

May 1 Rent Expense $2,200 Cash $2,200

May 3 Equipment $1,890 Accounts Payable $1,890

May 5 Cleaning Services Expense $750 Cash $750

May 8 Cash $5,400 Consulting Fees $5,400

May 12 Accounts Receivable $2,500 Consulting Fees $2,500

May 15 Salaries Expense $750 Cash $750

May 20 Cash $2,500 Accounts Receivable $2,500

May 22 Accounts Receivable $3,200 Consulting Fees $3,200

May 25 Cash $3,200 Accounts Receivable $3,200

May 26 Accounts Payable $1,890 Cash $1,890

May 27 Equipment $80 Accounts Payable $80

May 28 Salaries Expense $750 Cash $750

May 30 Utilities (Telephone) $300 Cash $300

May 30 Utilities $280 Cash $280

May 31 Dividends $1,400 Cash $1,400

To learn more about Income Statement refer to:

https://brainly.com/question/26252171

#SPJ4

Please answer the question posted in the image below:

Answers

Product assessment is the process of determining if a manufactured good is suitable and safe for use by consumers and whether it complies with applicable requirements.

What is Product assessment?

Product evaluation is a methodical procedure that involves determining whether a product is suitable for consumers or a specific audience. The balance between product quality and quantity should be taken into consideration when evaluating products.

This is crucial because it enables sellers to comprehend the efforts they must take to raise product quality while maintaining client accessibility. An evaluation of a product must be created from scratch, which takes time and effort.

A product evaluation template is a document with all the data and inquiries required to evaluate your product. To make sure the product is being manufactured appropriately and complies with all applicable safety regulations, manufacturing practices must be evaluated.

Audits of production facilities, staff interviews, and document reviews can all be used to achieve this.

Learn more about Product assessment, here

https://brainly.com/question/14369590

SPJ1

dynamic changes in neural circuitry during adolescence are associated with persistent attenuation of fear memories

Answers

The plasticity of the fear response may be most helpful during adolescence when humans are more inclined to explore strange, potentially hazardous environments.

While it is true that hormonal changes occur in adolescence, this does not always mean that all adolescent behavior is driven by impulses. They commonly use the excuse that they are minors and are aware of what they are doing while disregarding anything.

Adolescence is a period of transformation, and environmental and cultural influences have a significant impact on these adjustments. Adolescence is a critical period in the development of humans. Although preteens and teenagers also experience emotional changes during this time, most people associate it with physical changes.

To know more about Adolescence

https://brainly.com/question/14669277

#SPJ4

yler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead cost at $420,000 and total machine hours at 60,000. During the first month of operations, the company worked on three jobs and recorded the following actual direct materials cost, direct labor cost, and machine hours for each job: Job 101 Job 102 Job 103 Total Direct materials used $ 19,200 $ 14,400 $ 9,600 $ 43,200 Direct labor $ 28,800 $ 11,200 $ 9,600 $ 49,600 Machine hours 1,000 hours 4,000 hours 2,000 hours 7,000 hours Job 101 was completed and sold for $60,000. Job 102 was completed but not sold. Job 103 is still in process. Actual overhead costs recorded during the first month of operations totaled $45,000. Required: 1. Calculate the predetermined overhead rate. 2. Compute the total manufacturing overhead applied to the Work in Process Inventory account during the first month of operations. 3. Compute the balance in the Work in Process Inventory account at the end of the first month. 4. How much gross profit would the company report during the first month of operations before making an adjustment or over- or underapplied manufacturing overhead? 5-a. Determine the balance in the manufacturing overhead account at the end of the first month.

Answers

The anticipated overhead rate is= $7. During the first month of operations, the following total manufacturing overhead was applied to the Work in Process Inventory account= $49,000

What is overhead rate?

An expense related to the creation of a good or service is the overhead rate. Overhead expenses include things like the price of the corporate headquarters that aren't directly related to productivity.

In order to distribute or allocate the overhead costs depending on certain metrics, an overhead rate is applied to the direct production-related costs.

For instance, based on the number of machine hours or human hours needed to produce the product, overhead charges may be levied at a predetermined rate. Overhead expenses or expenses not directly related to the creation of a good or service are known as indirect costs.

3. At the end of the first month, the Work in Process Inventory account had the following balance= $86,800

4. Prior to making an adjustment for manufacturing costs that was either over- or under-applied, the company would report the following gross profit during its first month of operations= $5,000.

Learn more about overhead rate, here

https://brainly.com/question/23453741

#SPJ1

research to find two examples of how each of the components of the cia triad is implemented for an organization, such as a business, non-profit, or trade association. for each example, identify the threat being addressed, the potential harm, and its benefit to the organization. previousnext

Answers

You should use the CIA trinity as a guide as you create and implement your organization's overall security frameworks and policies.

A popular information security model called the CIA triad can direct an organization's actions and policies focused on protecting its data. The initials of the model, which stand for Confidentiality, Integrity, and Availability, rather than the Central Intelligence Agency of the United States, represent the three aforementioned principles.

Consider the example of a bank ATM, which can provide consumers with access to bank balances and other information, to comprehend how the CIA trinity functions in real life. All three of the triad's concepts are covered by the tools found in an ATM:

Due to the requirement of two-factor authentication, it offers confidentiality.By guaranteeing that any transfers or withdrawals performed through the machine are recorded in the accounting for the user's bank account, the ATM and bank software enforce data integrity.Due to its location in a public area and accessibility even when the bank branch is closed, the machine offers availability.

To know more about CIA Triad, refer to this link:

https://brainly.com/question/29789418

#SPJ4

when addressing performance issues as a supervisor, it is best to rely on this to guide your management style:

Answers

The concept is Leadership Style, is the particular way managers go about accomplishing objectives. The answer is, The basic principles of behavior analysis.

Leadership style is how a manager works to achieve their goals. Leadership style includes how a manager plans, organizes, makes decisions, delegates, and leads.

Management is responsible for ensuring that employees are satisfied with their job responsibilities and ultimately fulfill their responsibilities. In an authoritarian or autocratic leadership style, managers take complete control and steer employees toward achieving goals. A democratic or cooperative manager is the opposite of an authoritarian manager.

In this leadership style, managers take care of employee feedback. A visionary or charismatic manager can make their team focus and believe in the goal. Laissez-faire values ​​workers' freedom.

The transactional management style uses tangible and intangible rewards, bonuses, and incentives to motivate team members to perform better. A persuasive leadership style refers to managers who use strong control, centralized reporting, and decisions based on manager and team feedback.

To know more about Leadership Style,

brainly.com/question/25927714

#SPJ4

Please answer the question

Answers

1) The budgeted manufacturing overhead cost based on the budgeted overhead rate and machine hours for the Finishing Department is D. $495,550.

2) The activity rate for engineering support using activity-based costing is A. $1,450 per design change.

3) The overhead cost assigned to Product B, using activity-based costing, is A. $86,280.

What is activity-based costing?

Activity-based costing is a method of assigning overhead and indirect costs to units of production based on the activity usage.

Activity-based costing can be differentiated from normal costing which uses predetermined overhead rates.

Finishing Department:

Budgeted overhead rate = $5.30

Machine hours = 93,500

Budgeting overhead cost = $495,550 (93,500 x $5.30)

Engineering Support:

Budgeted Engineering Support cost = $101,500

Budgeted Activity Usage = 70 design changes

Activity rate = $1,450 ($101,500/70)

Product B:

Activity     Budgeted   Product A   Product B   Product C  Total    Activity

                     Cost                                                                                Rate

Activity 1    $89,000       7,900        10,900         21,900   40,700    $2.19

Activity 2     64,000       8,900        16,900          9,900    35,700    $1.79

Activity 3   120,000        4,400         2,900          3,525     10,825  $11.09

Cost Assigned to Product B:

Activity 1 =   $23,871 ($2.19 x 10,900)

Activity 2 = $30,251 ($1.79 x 16,900)

Activity 3 =  $32,161 ($11.09 x 2,900)

Total =       $86,283

Learn more about activity-based costing at https://brainly.com/question/30453006

#SPJ1

assume that a company incurs a mixture of fixed and variable product costs; and that all of its operating expenses are fixed. finally, assume that the company earns a profit by making and selling 1,000 units of product. under these conditions

Answers

A Company spent $57,000 on variable expenses and $97,200 on fixed expenditures in its first year of business.

We must add the fixed marketing and administrative expenses of $17,200 to the fixed manufacturing costs of $54,000 to get the total fixed costs incurred by A Company. As a result, our fixed expenses come to $54,000 + $17,200 = $71,200.

We must sum the variable product costs of $43,200 and the variable marketing and administrative charges of $13,800 to determine the total variable costs spent by A Company. As a result, our variable expenses come to $43,200 + $13,800 = $57,000.

A Company spent $71,200 on total fixed expenses and $57,000 on total variable expenditures in its first year of business, respectively. By selling every unit it made, the firm brought in $176,000 in revenue, which translates to a profit of $176,000 - $71,200 - $57,000 = $47,800 for the first year of business.

For such more question on business

https://brainly.com/question/24553900

#SPJ4

Note: The correct question would be as bellow,

Assume that a company incurred $54,000 of fixed product cost and $43,200 of variable product cost during its first year of operation. also during its first year, aj incurred $17,200 of fixed and $13,800 of variable selling and administrative costs, 1,000 units the company sold all of the units it produced for $176,000.

Under the conditions that have been portrayed above, it can be ascertained that the contribution margin will be greater than the gross margin.

The gross margin can be brought into interpretation as the amount that is saved by a producer by selling it in the market less the costs incurred for manufacturing of the same. It is completely in contrast to the contribution margin. It is also noteworthy to mention that the contribution margin is dependent upon the number of units produced or sold, whereas, gross margin is applicable since the first unit of production.

Learn more about gross margin here:

https://brainly.com/question/22718027

#SPJ4

over the last few years, an organization has brought up the need to replace old systems. while the organization has made these old systems function with various workarounds, custom middleware applications, and other methods to make up for their shortcomings, it has become increasingly apparent that they need to be replaced soon. which of the following security concerns does the company face if they continue to use the outdated systems?

Answers

An company has raised the necessity to replace outdated systems function over the past few years. Due to the systems' age, security updates cannot be installed because they run on out-of-date, unsupported OSs.

Computers using out-of-date operating systems are three times more likely to be subject to data breaches, according to BitSight research. The security patches also stop updating when your OS does, leaving your system vulnerable to malware, ransomware, and data breaches.

Because of this, obsolete software could not be resistant to a modern cyberattack. Therefore, if your outdated software uses, stores, or applies data, that data is put at danger. Your systems will be more susceptible to malware, data breaches, and ransomware assaults.

Read more about organization systems  at

https://brainly.com/question/14330091

#SPJ4

(Table) If Germany decided to produce skirts, what is Germany's opportunity cost of producing skirts ?Sweaters SkirtsGermany 6 2Gresee 4 200:5 sweater© 2 sweatersCO I sweater© 025 sweater

Answers

If Germany decided to produce skirts, Germany's opportunity cost of producing skirts is 0.5 skirts.

The opportunity cost of a chosen alternative is the net benefit of sacrificing or giving up the best alternative. In the aforementioned case, Germany's opportunity cost for producing skirts is the net benefit that could have been realized by employing the same resources to produce another good or service.

A firm's costs can be divided into two categories: economic costs and accounting costs. Accounting costs only evaluate explicit costs, but economic costs incorporate both explicit and implicit costs. The opportunity cost of producing skirts in Germany is 6/12=0.5 sweaters.

The value of what you lose while deciding between two or more possibilities is known as opportunity cost.

To know more about opportunity costs:

https://brainly.com/question/13036997

#SPJ4

Please answer the question posted in the image below:

Answers

$720000 was the cost of goods that will be used after calculating the cost of goods through LIFO.

What is LIFO?

The inventory method which is used to calculate the level of goods for the cost of goods sold assessment is LIFO (Last-In, First-Out). Contrary to LIFO appraisal, which assumes the earliest inventory units are sold first, LIFO asset value assumes the last products in the stockpile are marketed first.

The Value will be for 750 goods calculated from the last date of the purchase

= 20 * 1000 + 300*1000 + 200 * 900 + 50 * 800

= 200000 + 300000 + 180000 + 400000

= $720000

Learn more about LIFO, Here:

https://brainly.com/question/28810419

#SPJ1

Visualize an average U.S. manufacturing company, and think about its income statement.
Statement 1: It reports only a firm’s cash revenues and cash expenses, so that a firm’s cash profit or loss can be identified.
Statement 2: Generally the first item reported in the statement is the firm’s Net sales, while the last reported item is its Net income.
Statement 3: Among the expenses that are reported on an income statement are the costs of manufacturing and selling the firm’s goods, its general and administrative costs, and its depreciation and amortization expenses, and taxes.
Statement 4: Its purpose is to describe the firm’s financial performance—including its assets and the methods used to finance its operations.
Statement 5: Its data applies to a specific date in the firm’s operating year.
Which of the following selections relating to these statements is true?
a. Statements 1, 2, 3 and 5 are correct. b. Statements 3 and 5 are correct. c. Statements 2 and 3 are correct. d. Statements 1, 2, 3 and 4 are correct.

Answers

Visualize an average U.S. manufacturing company, and think about its income statement, Statements 1, 2, 3 and 5 are correct i.e. Option A

A  income statement is one of the three significant budget summaries utilized for revealing an organization's monetary execution over a particular bookkeeping period. The other two key assertions are the monetary record and the income articulation.

The pay proclamation centers around the income, costs, gains, and misfortunes of an organization during a specific period. Otherwise called the profit and loss (P&L) explanation or the assertion of income and cost, a pay proclamation gives significant experiences into an organization's tasks, the productivity of its administration, failing to meet expectations areas, and its presentation comparative with industry peers.

Know more about Income Statement - https://brainly.com/question/28035395

#SPJ4

the core inflation statistic excludes food and energy prices because they exhibit substantial _________, so core inflation is sometimes viewed as a better gauge of ongoing inflation trends

Answers

Core inflation statistic excludes food and energy prices because they exhibit substantial volatility.

Inflation is a measure of the increase in the general price level of goods and services in an economy over a period of time. The core inflation statistic is used to measure inflation by excluding certain items that exhibit substantial volatility.

Food and energy prices are two of the most volatile items, therefore, core inflation statistic excludes them. This is because food and energy prices can fluctuate greatly due to factors such as weather conditions and geopolitical events, which can skew the overall inflation rate.

By excluding these items, the core inflation statistic provides a more accurate gauge of ongoing inflation trends. This is because it eliminates the short-term fluctuations and provides a more accurate picture of the underlying inflationary pressures in an economy.

For more questions like Inflation click the link below:

https://brainly.com/question/30112292

#SPJ4

job 5 was started in may, and the following costs were assigned to it in may: direct materials, $6,000; direct labor, $1,800; and applied overhead, $900. job 5 was finished in june. job 6 and job 7 were started in june; job 6 was finished in june, and job 7 is to be completed in july. overhead cost is applied with a predetermined rate based on direct labor cost. the predetermined overhead rate did not change across these months.

Answers

Accounting that tracks costs and receipts by "job" and facilitates uniform reporting of profitability by work is known as "job costing."

An accounting system must enable the assignment of job numbers to specific expenditures and revenue items in order to support job costing.

The job costing approach is typically used in businesses like printing presses, vehicle repair shops, shipyards, foundries, and other comparable manufacturing facilities that produce products according to the specifications of customers. The cost of manufacturing each product is calculated using the job order technique of pricing. This costing method is typically used when the producer has to determine the cost for performing a specific task while producing a number of items that differ from one another.

To know more about Job Costing, refer to this link:

https://brainly.com/question/30208345

#SPJ4

which of the following statements is true of the authorities that set the minimum wage in the united states?

Answers

The concept is Minimum wage, it is the lowest wage permitted by law or by a special agreement. The federal government.

The minimum wage is set by the federal government, but some states may set a higher rate. The minimum wage has been defined as "the minimum wage which an employer must pay employees for work performed during a specified period and which cannot be reduced by collective or individual agreement".

By raising the incomes of low-wage workers, a higher minimum wage would lift the incomes of some households above the poverty line, thereby reducing the number of people living in poverty.

Some studies indicate that the minimum wage brings significant benefits to workers; others conclude that it is harmful. Nevertheless, there seems to be a growing consensus that a moderate minimum wage negatively impacts employment.

The question should be:

Which authority sets the minimum wage in the United states?

To know more about Minimum wage,

brainly.com/question/28331168

#SPJ4

Reasoning that faults executive compensation as greedy, distasteful, and as motivated by narrow self-interest adopts a(n)___ on ethics, which implies that a greedy person who does distasteful and selfish things will not lead a fulfilling life

Answers

Reasoning that faults executive compensation as greedy, distasteful, and as motivated by narrow self-interest adopts a(n) virtue-based perspective on ethics, which implies that a greedy person who does distasteful and selfish things will not lead a fulfilling life. It is because virtue based perspective urges us to pay attention to the contours of our communities and the habits.

The virtue approach or also known as virtue based perspective generally can be defined as a condition that urges us to pay attention to the contours of our communities and the habits of character they encourage and instill. There are several types of virtue perspective, such as arête (or known as excellence or virtue), phronesis (or known as practical or moral wisdom) and eudaimonia (usually translated as happiness or flourishing).

Here you can learn more about virtue based perspective https://brainly.com/question/28012696

#SPJ4

suppose a person traveling to palm springs seeks the least expensive hotel room at a 3-star or better hotel, within 2 miles of downtown shopping, and that has a customer rating of four or better on a five-point scale. the objective function for this problem could be: group of answer choices maximize the number of hotel stars minimize the distance between the hotel and downtown maximize the customer rating for the hotel minimize the hotel room's cost exactly two of the answers are correct. none of the answers are correct.

Answers

The purpose of the study was to examine the morality, fortification, integrity, and resilience of the Blaan Tribe's long-standing leadership structure.

What was the Blaan Tribe's Long Standing Leadership?

The examiner had the option to assemble data about Blaan's administration style through inside and out interviews:

They should be fortified as pioneers comprehend how to be responsible for their decision of obligation and ask proposals from their seniors to just frame.They should be fortified in the possibility that pioneers comprehend how to be capable of their decision of obligation and ask counsel from their seniors to make straightforward choices. To be utilized as a local area task model, the Blaan Pioneer recognizes culpability and acknowledges liability regarding the exercises the person in question has caused. At last, Blaan Pioneers stick to the procedural methodology of settling issues, have a moral idea, base their choice on the agreement, and depend on standard standards.

To know more about Fortifications, visit:

https://brainly.com/question/10026368

#SPJ4

Other Questions
Let the universal set be U = {1, 2, 3,..., 10}, and let A = {1, 4, 7, 10}, B = {1, 2, 3, 4, 5}, and C= {2, 4, 6, 8}. List the elements of (A-C) - (An B). Write all the elements in increasing order, separated by commas (e.g. 2,3,4,7) the epiphyseal plate is made of cartilage. when the epiphyseal plate ossifies and becomes bone it becomes the epiphyseal line and indicates that appositional growth of long bones is . there are 2 main hormones regulating calcium levels in the body: parathyroid hormone (pth) is secreted by the glands found on the posterior surface of the thyroid and is responsible for bone . is secreted by the gland and is responsible for bone . hormone secreted by the anterior pituitary gland stimulates bone growth. excessive growth hormone cau Why does Mr. Utterson fear that Dr. Jekyll killed Mr. Hyde? (the strange case of Dr. Jekyll and Mr. Hyde, Chapter: The Last Night) S. Maya is spending money at the average rate of $3 per day. After 14 days she has $68 left. The amount left depends on the number of days that have passed. Hint: Is spending money a positive or negative. 1. Write an equation for the situation.B. Use your equation to find out when she will have $35 left.C. How much money does Maya have after 9 days?C. How much money does Maya have after 9 days?E. Explain what the slope and y-intercept represent for this problem at the tehran conference in late 1943, select one: a. franklin roosevelt knew joseph stalin urgently needed american aid in fighting germany. b. winston churchill agreed to enter the war in the pacific as soon as germany was defeated. c. franklin roosevelt urged joseph stalin to postpone his westward offensive. d. it was agreed that poland should be put under soviet control after the war. e. franklin roosevelt promised an anglo-american second front within six months. classify each of the following groups of organisms as prokaryotes or eukaryotes by dragging the items into the correct category. If C = G - 3F, find the trinomanial that represents C when F = 2x^2+6x-5 and G = 3x^2+4 One of the themes in The Canterbury Tales is the differences between the social classes. Which of the following quotes introduces that theme? A. "It seems a reasonable thing to say, What their condition way, the full array, Of each of them, as it appeared to me, According to profession and degree,"B. "And, briefly, when the sun had gone to rest, I'd spoken to them all upon the trip, And was soon one with them in fellowship"C. "At night there came into that hostelry, Some nine and twenty in a company, Of sundry folk happening then to fall" For questions 1-2, use the following scenario:Some wooden chests are in a store. A green chest has a length of 180 centimeters (cm), a width of 75 cm, and a height of 20 cm.1. If another box, a blue box, is proportional in size, what is its length if its width is 15 cm?2. If another box, a red box, is proportional in size, what is its height if its length is 13 cm? Which of the following are recommended reasons to keep the speaking outline free of too much details? To enhance effectivedirect communicationto help maintain eye contact with the audience. how long after your federal taxes are accepted to get refund? Review a few of the major employment categories below. In order to reference the pay series and grade from the GS Rating System, in which category does the Government Publishing Office belong? 0100 Social Science, Psychology, and Welfare Group0200 Human Resources Management Group0500 Accounting and Budget Group1200 Copyright, Patent, and Trademark Group1000 Information and Arts Group/2200 Information Technology Group1700 Education Group/0900 Legal and Kindred Group1900 Quality Assurance, Inspection, and Grading Group/1900 Quality Assurance, Inspection, and Grading Grouphelpppp ________ are groups to which an individual wishes to belong, as when a young basketball player hopes to play someday for the Los Angeles Lakers.a. membership groupsb. reference groupsc. aspirational or symbolic groupsd. subcultures (d) A 2.5 kg object is placed avocation X where it has 10 J of potential energy. A person bumps the shelf causing the object to fall to the ground, Describe the Law of Conservation of Energy and how it is demonstrated as the object falls to the ground. a client is prescribed a 1500-calorie diet. for breakfast, the client consumes 1 cup of milk (12 grams of carbohydrate, 8 grams of protein, 10 grams of fat), 3/4 cup cornflakes (15 grams of carbohydrate, 2 grams of protein), and half an orange (5 grams of carbohydrate). how many calories will the nurse document that the client has ingested? an adolescent has significant difficulty with following oral directions of increasing length and complexity. the slp introduces a method of visualization that has been identified as improving auditory memory. the young student is taught this strategy and has had guided practice each week for 6 weeks. the ability to follow oral directions is now retested. this format of assessment is known as Note that a change can be an increase or a decrease. For an increase, use a positive number. For a decrease, use a negative number 9, 21, 24 1.5. describe the main differences between mesopotamian and egyptian civilizations. after reading the text, watch this video about various ways by which human societies have engineered nature and evaluate the statement below. even though flooding in the nile river valley was more predictable than flooding in the tigris-euphrates valleys, egyptians and mesopotamians developed very similar irrigation infrastructure. Which of the following statements is true?Curley's wife was happy and content in her life with Curley.George knew that Lennie was going to kill Curley's wife.Curley's wife tried to kill Lennie.None of the choices are correct. prepare an income statement for rex manufacturing for the year ended december 31 using the following information. hint: not all information given is needed for the solution. finished goods inventory, ending $ 16,900 general and administrative expenses 14,900 accounts receivable 18,900 finished goods inventory, beginning 19,900 cost of goods manufactured 40,900 selling expenses 12,900 cash 55,900 land 28,900 sales 93,800 equipment 1,900