When direct labor is used as the overhead allocation base, the variable overhead efficiency variance will be favorable.
What is direct labor?It should be noted that direct labor simply means the production that is assigned to a specific product.
In this case, when direct labor is used as the overhead allocation base, the variable overhead efficiency variance will be favorable.
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Assume that labor and capital are the only two inputs a perfectly competitive firm uses to produce wheat. The firm hires its inputs in perfectly competitive input markets. The unit price of labor is $8 and of capital is $20. When the firm employs the profit-maximizing combination of these two inputs, the marginal product of labor is 2 tons of wheat and of capital is 5 tons of wheat. The price of wheat per ton must be
The price of wheat per ton must be $4 when profit-maximizing combination is employed.
What is Price?This is defined as the amount of money that has to be paid to acquire a given product.
To get the price per ton for the company to make profit, we find the ratio of the unit price of labor to the marginal product of labor.
$8 / $2 = $4.
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Which advantage of incorporating is most applicable? What are other advantages of organizing as a corporate entity? First answer which advantage of incorporating is most applicable in protecting Bob's personal assets?
1) One advantage of incorporating that is most applicable in protecting Bob's personal assets is liability protection.
2) Other advantages of organizing as a corporate entity include:
Use of professional managersBusiness security and continuityEasier access to capital.What is liability protection?Liability protection refers to the protection offered to members of an incorporated entity, unlike an unincorporated entity.
Members of an incorporated entity enjoy limited liability because their personal assets cannot be used to settle the liability of the corporation.
Thus, one advantage of incorporating that is most applicable in protecting Bob's personal assets is a limited liability or liability protection.
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Tariffs help increase market security for traders and investors?
True Or False
Answer:
The answer is true.
Explanation:
They help import and export goods and they are like a safeguard.
Ahmir agrees to purchase a shipment of oriental rugs from oriental rug company for the price of $50,000, to be delivered on august 15. on july 15, ahmir notifies oriental that he no longer wants to purchase the rugs. oriental spends $1,000 to advertise the rugs and obtains a new purchaser who buys the rugs for $40,000. oriental then sues ahmir for breach of contract. if oriental is successful in its breach of contract suit against ahmir, oriental may receive:
Assuming a new purchaser who buys the rugs for $40,000. if oriental is successful in its breach of contract suit against ahmir, oriental may receive: $11,000 from Ahmir.
Breach of contractUsing this formula
Amount to received from Ahmir=Initial price+Cost of advertisement -new selling price
Where:
Initial price=$50,000
Cost of advertisement=$1,000
New selling price=$40,000
Let plug in the formula
Amount to received from Ahmir=$50,000+$1,000-$40,000
Amount to received from Ahmir=$11,000
Inconclusion if oriental is successful in its breach of contract suit against ahmir, oriental may receive: $11,000 from Ahmir.
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What is the main function of a business?
Use the drop-down menus to complete the statements. inflation is a measure of how prices . disinflation occurred . the inflation rate was about in 2014. overall, prices declined .
Inflation, Disinflation, and Deflation are related economic terms, as inflation measures price increase, Disinflation is inflation at a slower rate, and the inflation rate in 2014 was 1.5%
What are Inflation, Disinflation, and Deflation?Inflation is the goods and services price increase, Disinflation is the same as inflation but at a slower pace, and Deflation is a decrease in the price of goods and services.
Inflation is measured by an increase in pricesDisinflation occurs when inflation occurs at a slower pace in the short run. it occurred between the years 2008 and 2009.The inflation rate in 2014 was about 1.5% in the United States. In 2009 there was a decline in inflation.Therefore, the above option aptly describes inflation, Disinflation, and Deflation.
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Answer:
Use the drop-down menus to complete the statements.
Inflation is a measure of how prices
✔ increase
.
Disinflation occurred
✔ between 2008 and 2009
.
The inflation rate was about
✔ 1.5 percent
in 2014.
Overall, prices declined
✔ in 2009 only
.
Explanation:
Amounts received in advance from customers for future products or services: Multiple Choice Are revenues. Increase income. Are liabilities. Are not allowed under generally accepted accounting principles (GAAP). Require an outlay of cash in the future.
The amounts received in advance from customers for future products or services C. are liabilities.
What is a liability?A liability is a financial obligation owed by an entity to another.
A liability results in the fulfillment of a future financial obligation.
The future financial obligation involves the payment of economic benefits or resources to the other entity.
Thus, the amounts received in advance from customers for future products or services C. are liabilities.
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Morgan Company issued convertible preferred stock. What additional special feature(s) could also have been granted to preferred stock holders
Answer:
The right to convert the shares to common shares and The right to redeem the preferred shares for cash.
Explanation:
The ability to exchange shares for common shares, as well as the ability to exchange preferred shares for cash.
What is convertible preferred stock?Convertible preferred stocks are preferred shares with an option for conversion into a specific number of common shares at a later time.
These shares are corporate fixed-income instruments, and the investor may decide to convert them into a particular number of shares of the company's common stock at a later date or after a specified period of time.
An investor can receive a stream of income as well as potential "upside" benefits by purchasing convertible preferred stock. At the predetermined date and conversion ratio, it may be converted into the company's common stock. This is a favorite stock attribute that attracts investors.
Thus, the ability to exchange shares for common shares.
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oh your a rapper, huh?
rhyme orange with banana
Answer:
I'm not a rapper- but a writer.
Explanation:
So I shall try ^-^
I'm nothing small,
I'm nothing shy.
I like oranges, nanana,
You like bananas.
We're not the same,
we're nothing close.
Wow thats so bad.
Which type of credit involves a set limit based on what a consumer pays up front?
Loans
Installment credit
Secured credit cards
Unsecured credit cards
Answer:
Secured credit cards
Explanation:explanation: Secured credit cards refer to credit cards that offer credit secured by a cash deposit from the cardholder. The deposit secures the card issuer from loss in case the cardholder is unable to cover the debt.
Answer:
Secured credit cards
Explanation:
An approach in which MNEs draw on multiple, equally important innovation hubs throughout the world characteristic of Globalization 3.0 is known as a(n) ___.
When MNEs draw on multiple, equally important innovation hubs throughout the world globalization, they become transnational corporation.
What is globalization?It should be noted that globalization simply means the process whereby thw world become linked together.
In this case, when MNEs draw on multiple, equally important innovation hubs throughout the world globalization, they become transnational corporation.
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Which type of cooperative organization would attract people who needed help preparing their income tax returns?.
The service cooperative is the type of cooperative organization would attract people who needed help preparing their income tax returns.
What is a service cooporative?This is a coorperative or a consumer organization that are engaged in the fulfilling of needs that exists in a society.
Finance , utility and housing coorperaives are examples of this type of cooperative.
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A bill that deals with such a diverse set of unrelated issues as environmental issues, tax issues, and criminal justice issues is likely to be a(n)
A bill that deals with such a diverse set of unrelated issues as environmental issues, tax issues, and criminal justice issues is likely to be an Omnibus bill
What is an Omnibus Bill?An omnibus bill is a bill that covers divers issues which is coupled into one document.
It is a single document which is accepted in a single vote by a legislature but encompasses several measures into one or combines diverse subjects.
Due to their large size and scope, omnibus bills limit opportunities for debate and scrutiny.
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A prime example of a Special Economic Zone, located adjacent to Hong Kong, is the city of Group of answer choices Guangzhou Beijing Shenzhen Chengdu Shanghai
The city of Shenzhen is a prime example of a Special Economic Zone that is located adjacent to Hong Kong,
What is a Special Economic Zone?These are zones that serves as an area of business and trade which are different from the rest of the country.
Some other examples of a Special Economic Zones includes Shannon Airport in Ireland, Dubai South in UAE, Xiamen in China etc
Therefore, the Option C is correct.
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As an ammunition supervisor, you receive an urgent Notice of Ammunition Reclassification (NAR). It must be
As an ammunition supervisor, you receive an urgent Notice of Ammunition Reclassification (NAR). It must be given the highest priority.
As the ammunition supervisor, I acknowledge receipt of the urgent Notice of Ammunition Reclassification (NAR) and recognize its paramount importance. The reclassification demands immediate and rigorous attention to ensure compliance with safety protocols, accurate inventory records, and swift execution of necessary procedures.
Our team will promptly initiate the required actions, prioritizing the secure handling, tracking, and reporting of reclassified ammunition. Safety and precision remain our foremost concerns as we address this critical matter, safeguarding both personnel and operational integrity. We are fully committed to executing this reclassification with the highest level of urgency, professionalism, and adherence to established guidelines.
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When creating video marketing content on a budget, what is the first thing you should consider doing?
Answer:Shooting as much as you can and culling it later
Explanation:
The four utilities offered to consumers through retailing are:.
BigManufacture Inc. currently releases lead in to the local waterways at a concentration of 5 parts per billion. The government regulations sets a limit to the lead pollution at 2 parts per billion accompanied by a $30,000 fine per year for each part per billion beyond the 2 part limit. What is BigManufacture Inc. likely to do
Based on the calculations of total costs for each option, BigManufacture Inc. is likely to D. Reduce lead pollution by 1 part per billion.
What is the best pollution strategy?There are many strategies to reduce pollution.
Deciding on a pollution reduction strategy depends on the total costs involved, as illustrated below.
Data and Calculations:Total costs:
Option A Option B Option C Option D
Pollution Reduction cost $0 $110,000 $60,000 $25,000
Fine payment $90,000 $0 $30,000 $60,000
Total costs $90,000 $110,000 $90,000 $85,000
Question Completion:Cost Implication of Lead Pollution Reduction
Reduction of Lead Cost
By 1 part per billion $25,000/year
By 2 parts per billion $60,000/year
By 3 parts per billion $110,000/year
Answer Options:A. Reduce lead pollution by O part per billion.
B. Reduce lead pollution by 3 parts per billion.
C. Reduce lead pollution by 2 parts per billion.
D. Reduce lead pollution by 1 part per billion.
Thus, based on the calculations of total costs for each option, BigManufacture Inc. is likely to D. Reduce lead pollution by 1 part per billion.
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Things that you value that are stored digitally, such as digital photographs or
gift card codes, are
O A. cryptocurrencies
O B. digital assets
O C. biometrics
O D. digital devices
In a Cournot oligopoly with N-number of firms and identical marginal costs, if the number of firms decreases because firms exit, we know that the markup of price over cost will Group of answer choices increase. decrease. stay the same. unknown for lack of other information.
If the number of firms in a Cournot oligopoly decreases because firms exit the market, the markup over price will most likely stay the same.
What would happen to the price if firms exited a Cournot oligopoly?If firms exited the Cournot oligopoly, and the number of firms decreased, the remaining firms will increase their production levels to get to the previous levels.
This will mean that the price in the market will not change because the quantity supplied will remain the same.
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David realizes that he needs money to start a bookstore. If he decides to
obtain funds through debt financing, what will his company have to do?
A. Collect government sales tax
B. Pay its workers
C. Pay funds to more than one owner
D. Pay loans
If David decides to obtain funds through debt financing, the company would have to D. Pay loans.
What happens when debt financing is used?When a company uses debt financing, it means that they are borrowing money from institutions and investors in the form of loans.
As time goes on, they will have to pay back these loans which includes the amount they borrowed and some interest.
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A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the ___ of reducing the emissions is ___ .
A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the marginal cost of reducing the emissions is less than the tax.
What is a negative externality?
Pollution consistutes a negative externality. This is because the cost of pollution is greater than its benefits to third parties not involved in the activity that generates the population. A way to reduce pollution is to enact a pollution charge.
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Product differentiation makes the demand for a monopolistically competitive firm's product: a. perfectly elastic. b. more elastic than for a monopoly. c. more inelastic than for a monopoly. d. perfectly inelastic
A UCF graduate has two job offers. Job 1 pays $35,100 with a $5,000 non-taxable benefit, while Job 2 pays $34,900 and has a $5,700 non-taxable benefit. What is the PRE-TAX value of each job assuming the g
Answer:--
Job 1: $41,944 Job 2: $42,717
Explanation:
-Job 1: $40,225 Job 2: $39,802
-Job 1: $42,382 Job 2: $41,706
-Job 1: $41,944 Job 2: $42,717
-Job 1: $43,444 Job 2: $42,917
The pre-tax value of each job assuming the graduate is in a 28% marginal tax bracket is Job 1: $41,944 Job 2: $42,717. Option (c) is correct.
What is Pre Tax value?Earnings before taxes, often known as pre-tax, refer to your annual income after expenses have been paid but before taxes have been subtracted. A more accurate view of your company's financial status is provided by calculating pre-tax income.
Pretax Income = Gross Revenue – Operating, Depreciation, and Interest Expenses + Interest Income
Gross revenue includes all revenues generated by the business.
Operating expenses include deductions due to depreciation, amortization, and interest expenses.
Pre-tax deductions occur when a company takes money out of an employee's paycheck to pay for benefits before taking money out to pay taxes.
Therefore, Option (c) is correct.
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Your question is incomplete, the complete question is ;
A UCF graduate has two job offers. Job 1 pays $35,000 with a $5,000 non-taxable benefit, while Job 2 pays $34,800 and has a $5,700 non-taxable benefit.
What is the PRE-TAX value of each job assuming the graduate is in a 28% marginal tax bracket? (Round to the nearest dollar)
-Job 1: $40,225 Job 2: $39,802
-Job 1: $42,382 Job 2: $41,706
-Job 1: $41,944 Job 2: $42,717
-Job 1: $43,444 Job 2: $42,917
__________ communication can significantly enhance an organization's reputation, productivity, community support, and economic success.
External communication, when performed effectively, is capable of improving organizational processes and their marketing success.
What is external communication?Corresponds to communication carried out outside the organization, with the aim of attracting consumers, customers and partners, increasing competitiveness and positioning in the active market.
Therefore, the external communication department is responsible for exchanging information with the macro-environment in line with the company's values and objectives, seeking strategic advantages.
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At work, Mario was trying to show Jenessa the new procedure for stocking the shelves. Jenessa kept working as he explained and quickly became frustrated because Mario kept telling her she was doing it wrong. What could Jenessa have done first to be a better active listener?
She could have read the employee memo that explained the new procedure.
She could have asked clarifying questions to make sure she understood.
She could have stopped what she was doing to give Mario her full attention.
She could have restated what he said in her own words.
Answer:
She could have stopped what she was doing to give Mario her full attention.
Answer:
C, she could have stopped what she was doing to give Mario her full attention.
Explanation:
Good luck on your test:)
Which best explains how the overproduction of goods in the 1920s affected consumer prices and the economy?.
We have discussed at least two reasons for banks to exist, both of which imply that banks are somehow special, or perform a unique function for the rest of the financial society/world. Explain, in detail, the rationales developed by Fama, and by Diamond in their ground breaking papers. The best answers will quote extensively from the papers.
The reasons for banks to exist according to Fama is that offer interests to customers and financial advice.
What is a bank?It should be noted that a bank simply means a financial institution that accepts deposit from the public.
In this case, banks are somehow special, or perform a unique function for the rest of the financial world. The reasons for banks to exist according to Fama is that offer interests to customers and financial advice.
They also lend money to firms and keep money safe for the customers.
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Which of the folloiwng is an example of direct finance?
A) an individual applies for a mortgage through a mortgage bank
B) a muncicipality sells muncipal bonds to investors
C) an individual deposits funds into a savings account at his credit union
D) a small business opens a line of credit form a commerical bank
Answer:
i believe the answer is B) a muncicpiallity sells muncipal bonds to investors.
Explanation:
I hope this is correct and it helps you!
-Justin:)
Answer:
B.
Explanation:
Just took the test.
What type of account is used to pay for daily expenses?.
Answer:
Checking accounts are used for everyday spending
Explanation:
The key features of this type of bank account are a linked debit card you can use for purchases or ATM withdrawals, as well as check-writing abilities. The account type also allows you to deposit cash or checks and pay bills.