a company had beginning inventory of 12 units at a cost of $24 each on march 1. on march 2, it purchased 12 units at $42 each. on march 6 it purchased 7 units at $29 each. on march 8, it sold 28 units for $72 each. using the fifo perpetual inventory method, what was the cost of the 28 units sold?

Using a technique based on locating a similar problem with a well-known efficient solution and applying the approach to current situation, brainstorming and collaborative problem-solving strategies are used.

Using the brainstorming technique, a group of people can work together to generate ideas on the spot for a specific problem by compiling a list of potential solutions. The class is given the opportunity to use their prior knowledge and find connections between the issue at hand and what they have previously studied through brainstorming.

When problem-solving jointly, the likelihood of achieving the best result or solution rises. When people work together, they can share, assess, and then choose the idea that best solves the problem. All of the issue often involves more than one answer.

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When a membership store (like Costco) costs an annual membership, however sells items at extraordinarily low expenses, it's miles the usage of what economists name a: Price discrimination.

The required details for Price discrimination in given paragraph

Price discrimination is a promoting approach that costs clients specific expenses for the identical service or product primarily based totally on what the vendor thinks they are able to get the consumer to agree to. In natural fee discrimination, the vendor costs every consumer the most fee they may pay.  Companies exercise fee discrimination in an effort to maximize profits. Since a huge marketplace normally consists of many kinds of purchasers, fee discrimination lets in groups to provide a excessive fee to well-off purchasers and a low fee to the maximum fee-touchy purchasers.

Price discrimination is practiced primarily based totally on the vendor's notion that clients in sure businesses may be requested to pay greater or much less primarily based totally on sure demographics or on how they cost the service or product in question.

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The Which group formed in response to the effect railroad monopolies had on farmers is Granger movement. The National Grange of the Order of Patrons of Husbandry or also known as The Grange can be defined as a social organization in the United States that encourages families to band together to promote the economic and political well-being of the agriculture and community.

The National Grange of the Order of Patrons of Husbandry or also known as The Grange has a purpose to advance methods of agriculture, as well as to promote the social and economic needs of farmers in the United States and was founded in 1867. The founder or Grange movement is Francis Marion McDowell, Oliver Hudson Kelley, and many more.

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Classical economists defended the economic concept of prolonged recession and high rates of unemployment.

Classical economics or known as classical political economy, or Smithian economics can be described as a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. The principle of the classical economics theory is that the economy is self‐regulating.  The most famous classical economists are David Ricardo, Adam Smith, and John Stuart Mill. Other notable contributors to classical economics include David Ricardo, Thomas Malthus, Jean-Baptiste Say, Anne Robert Jacques Turgot, John Stuart Mill, and Eugen Böhm von Bawerk.

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Each of Maslow's Hierarchy Tiers should be matched to examples of needs in that tier as follows:

Abraham Maslow's Hierarchy of Needs can be defined as a pyramid model which typically represents the fundamental (basic) needs of an individual, that are necessary and required to be met before he or she can achieve complete personal growth, dignity, development, stability, and self-actualization.

In Psychology, the five (5) levels of Maslow's Hierarchy of human needs arranged in a chronological order include the following;

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The total product cost per unit under absorption costing is: $75.

In absorption costing, the cost of every unit produced is worked out by adding up the direct cost of materials, direct labor, variable overhead, and the fixed overhead. Unlike in the case of marginal costing where the fixed cost is treated as period cost, in absorption costing, fixed cost is treated as a product cost.

The cost per unit

                                         $

Direct material                  28

Direct labor                       24

Variable overhead            10

Fixed cost                          13

Cost per unit                     75

Cost of Inventory

Number of units   = 1000

Cost per unit    = $75

Value = 1000 * $75 = $75,000

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Employee perks include financial compensation and transient incentives.

A Employers  company's or an organization's employees profit from both monetary rewards and transient motivations. Financial incentives, such as cash or other forms of remuneration, are ones that a company gives to a worker in addition to a pay transient incentives..

Additionally, businesses offer their staff short-term incentives including bonuses, raises, awards for achievement, health and wellbeing, and amusing presents.

Therefore, financial gains are quantifiable cash prizes given for achievements. Employers frequently utilize monetary incentives and transient incentives to motivate staff to achieve their objectives.

Temp Trove rewards the employee who complains his or her projects before the due date by giving ten percent of his or her basic pay as incentives transient incentives.

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Some of the use of the collected tax money (tax revenue) by a state or federal government includes:

Basically, a tax revenue refers to the income that is collected by governments through taxation. A taxation is the primary source of government revenue and these revenue may be extracted from sources such as individuals, public enterprises, trade, royalties on natural resources, foreign aid etc.

However, an inefficient tax collection is greater in countries that is  characterized by poverty, large agricultural sector and large amounts of foreign aid.

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Maturity. In the maturity stage, sales slow down, indicating that the market has begun to reach saturation. This is also one of the stages of the product life cycle when pricing becomes competitive.

Maturity is a measurement of the ability of an organization for non-stop development in a selected discipline (as defined in O-ISM3[dubious – discuss]). The better the adulthood, the better can be the chances that incidents or errors will lead to improvements either inside the first-class or inside the use of the sources of the area as implemented by using the business enterprise. Most maturity models check qualitatively humans/culture, tactics/systems, and items/eras. Two procedures for enforcing maturity fashions exist. With a pinnacle-down technique, which includes proposed by using Becker et al., a set variety of adulthood stages or tiers is certainly first and in addition corroborated with characteristics (normally in form of particular evaluation gadgets) that help the initial assumptions approximately how maturity evolves.

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These phases are the idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.  Thus, option A is correct.

An organization that produces goods or services and markets them to consumers in order to make money is referred to as a company.

The connection between such a company's Unit Economies as well as Net Profitability can be used as an example of the developmental process of a company looking for Product Attributes. Whenever a company finds a solution to an issue that aligns with the demands of the existing markets and for which customers are prepared to pay for a good or commodity.

Therefore, option A is the correct option.

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The current market Interest rate will be equal to 16%.

A bond may be defined as the security instruments or debt security which are similar to loans and are made to the issuer on several terms and conditions to pay the principles of the bond on the date of maturity along with the interest earned over it in a specific period of time. This question can be solved by using formula of Interest rate. There is a need to figure out the price of bond when it is purchased. Let us assume the bond price as $x. Since the bond has initial interest rate of 25%, the following situation must be true, that is

[($10,000 - $x) ÷ $x] × 100 = 25.

On Solving the above expression, the value of x = $8,000.

So, the bond price was $8,000 when the interest rate was 25%. Since the price of bond increased by $600, the new bond price must be $8,600. This might have happened due to a decline in the interest rate. Now, we use the formula for interest rate that is

R = [(Face value - new bond price) ÷ new bond price] × 100

R = [($10,000 - $8,600) ÷ $8,600] × 100 = 16%.

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 Financial flows involve money transfers, payments, credit card information and authorization, payment schedules, e-payments, and credit-related data.

In the field of business, financial flow can be described as the evaluation of where a person or a business is spending or gaining money. It also refers to analyzing where money is being consumed. Financial flow describes the expenditures of revenue and the ways money was either gained or consumed by you.

All of the payments that you make, either online, via credit cards, or by hand are assessed in financial flows.

Financial flow is also referred to as cash flow in the field of business.

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Chang and Chang observe that the competition is increasing the size of its warehouses. They have decided to do the same. They are following "Follow the Leader" strategy.

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If fixed costs are $400 and the depreciation allowance per year is $500. the relationship between operating cash flow (ocf) and sales volume (q) can be expressed as: OCF = -400 + 4Q

Operating cash flow (OCF) can be defined as the cash  amount a company or an organization incurred from their business operation.

The relationship between operating cash flow  (ocf) and sales volume (q) an be expressed as: OCF = -400 + 4Q

Where:

OCF = Operating cash flow

Q = Sales volume

Therefore the expression is  OCF = -400 + 4Q

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The complete question is:

suppose price per unit is $6, variable cost per unit is $2, fixed costs are $400 and the depreciation allowance per year is $500. the relationship between operating cash flow (ocf) and sales volume (q) can be expressed as: multiple choice question.

OCF = -400 + 4Q

OCF = 400*Q - 4

OCF = 4/Q + 500

OCF = 400 - 4*Q

Kristin is looking into a measure of how much money the HR department made from investing in a new performance evaluation system. While saving over $5,000 in payroll costs, the new system cost $3,500. Kristin is looking into investment return.

An indicator of an investment's profitability is the return on investment (ROI).ROI measures an investment's effectiveness by comparing the amount you paid for it to the amount you made.

How is the return on investments calculated?

An approximate indicator of an investment's profitability is its return on investment (ROI).ROI is calculated by dividing the new number by the investment's cost, then multiplying it by 100, then subtracting the investment's initial cost from its final value.

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The strongest reason for such a move would be to concentrate on the organization's core strengths while outsourcing less important mission-critical jobs.

What exactly is a virtual network?

C&J Construction's CEO is thinking about switching to a virtual network topology. A loose connection of businesses that is managed by a small, centralized organization is referred to as a virtual network structure. This team is in charge of assigning tasks to the suitable businesses in the network. For instance, if C & J Building's primary business was construction, it could establish connections with engineering and sales firms to outsource such tasks and concentrate on construction.

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The starting costs for the polishing department's work in progress were direct materials ($5,000), conversion costs ($6,000), and transferred in ($8,000), all of which came to $6.6 per comparable unit.

The physical components used to create a good or service are known as direct materials. These are the raw components that go into making the product. Direct materials might be components or finished goods that will be used to create a finished good. Electricity is an example of a direct material, but other examples include wood and metal, which are more tangible.

Direct materials' main objective is to add value for the consumer. A vital component of the production process, direct materials directly affect the calibre of the end product. They also influence how much the end product costs. Direct materials may be obtained from suppliers or created in-house.

                               Direct Materials  Conversion Costs  Transferred In

Units completed [4000 + 20000 – 8000]  16,000    16,000  16,000

Ending WIP:    

8000 x 100%                                                   8000

8000 x 50%

%                                      4000       4000

Total equivalent units     20,000   20,000    24,000

Material = (5000 + 32000) / 20000 units = $ 1.85

Conversion Cost = (6000 + 50000) / 20000 units = $ 2.80

Transferred in = (8000 + 40000) / 24000 units = $ 2

Unit Cost = 1.85 + 2.80 + 2 = $ 6.65 per equivalent unit

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The name used by a sole proprietorship for a business instead of the proprietor’s actual name is called trade name.

A sole proprietorship, also known as a sole proprietor, is not an incorporated business only with one owner who is liable for paying all taxes, debts etc. Since it isn't necessary to register a separate business or trade name, many sole proprietors function under their individual identities.

Due to a lack of governmental oversight, a sole proprietorship is the easiest uncomplicated business type to establish or liquidate.  Sole proprietorship is easiest to establish as well as it has several benefits such as single decision-making rights, enjoy all profits himself as well as manage everything by himself.

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The answer is -27.85%

1,000,000-1,386,000 = -386,000

-386,000/1,000,000*100 = -27.85%

The potential maximum deduction for mortgage interest in 2021 would be $6,500. This is because the taxpayer's AGI is above the threshold for the deduction and they have paid mortgage interest during the year.

What is mortgage interest?
The interest charged on the a lender used to buy a piece of property is referred to as mortgage interest. The percentage of a total amount of a mortgage that the lender issued that is used to determine the sum of interest due. Mortgage interest can be fixed or variable and compounds. In the initial phase of the loan, the majority of the borrower's payment goes forward into mortgage interest. In order to finance the purchase of a home or some other piece of property, the majority of consumers need a mortgage. In a mortgage agreement, this same borrower commits to paying the lender on time every month for a predetermined period of time, or until the loan is fully repaid or refinanced. A principal portion as well as interest are included in the mortgage payment.

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How to compute the supplies account balance on the adjusted trial balance is: a. The $1,500 credit adjustment would be subtracted from the $4,000 debit balance in the Unadjusted Trial Balance.

Given:

Debit balance = $4,000

Credit adjustment = $1,500

Hence,

The  amount of $1,500 which is the  credit adjustment would be deducted from the amount of $4,000 which is debit balance in the unadjusted Trial Balance which will inturn gives us $2,500 ($4,000 - $1,500).

The $2,500 will be the amount that will balance the trial balance which implies that the debit and credit side of the trial balance will now be equal.

Therefore the correct option is A.

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The characteristics of a high-performance work system approach to HRM are  A,  C and D:

A high-performance work system is a collection of HRM techniques intended to advance employees' abilities, motivation, and engagement in order to give a company a long-term competitive advantage.

Note that Increased employee commitment leads to improved organizational performance because high performance work systems have an impact on and align employees' attitudes and behaviors with the organization's strategic goals (Schuler and Jackson, 1987).

An example of High Performance Work System Practices (HPWS) are:

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See options below

Focuses on collective levels of human and social capital

Be good to all

Enhances the performance of all employees systematically

Improves employee motivation and opportunities

Socialist  school of economics warns that human economic systems could exceed the capacity of the environment to handle the pollutants and wastes we produce.

In socialist , all means of production are owned by the community, i.e., Government, and  individual can not  hold private property beyond certain limit. Therefore, it is government who utilises these resources for the interest of social welfare.

Socialists actually aim to gain  greater equality in decision-making and economic affairs, grant workers more  control of the means of production and their workplace and to remove  exploitation by directing the surplus value to employees.

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The total amount windfall tax will be $317,405, given the amount of $3,700,000 will be paid for next 25 years.

Amount that will be paid (a) = $3,700,000

Time period (n) = 25 years

interest rate (i) = 7% = 0.07

Present value of windfall tax = a [{1-1/(1+i)} ^25]/i

                                          = 3,700,000 [1-1/(1.07) ^25]/0.07

                                          = $317,405

A windfall tax is an increased tax percentage on earnings that arrive from a company or industry having received an unexpected capital gain. This seems to be frequently the consequence of a global political turmoil, war, or natural catastrophe that creates unexpectedly high requirement and/or supply shortages.

Governments worldwide have initiated windfall taxes for a range of reasons, which include funding social assistance programs, wealth distribution of unpredicted benefits when inflated costs benefit manufacturers at the cost of consumers and as an extra source of revenue for the federal government.

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Ben makes an appointment for a $50 haircut, buys a bike for $250, and agrees to work for coding associates for one year for $5,000 per month, starting at the beginning of next month. to be enforceable, a writing is required for​ the employment agreement.

A collateral settlement is one wherein one person (the guarantor) has the same opinion to pay the debt or duty that a 2nd person (the most important debtor) owes to a 3rd person (the obligee) if the most important debtor fails to perform.

Statutes that exist in each kingdom which require that sure styles of contracts are enforceable simplest if the settlement is in writing or evidenced with the aid of using a written memorandum or digital report this is signed.

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Nike, Inc. markets numerous styles of athletic shoes, together with apparel and health equipment. in different words, Nike has numerous product strains.

The required details for product line in given paragraph

A product line is a collection of merchandise that a enterprise creates beneath a unmarried brand. The merchandise are comparable and cognizance at the identical marketplace sector. Maybe their characteristic or channel distribution are the identical or comparable. Perhaps their bodily attributes, prices, quality, or sort of clients are the identical. We name the activity product lining. A enterprise could have multiple product line. The variety of product strains it has displays its resources, i.e., how effective it is.

Product line numbers may additionally display the opposite gamers within side the market how aggressive the enterprise is. In this context, the term ‘market’ approach the identical as ‘marketplace’ in its summary sense.

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According to the bank statement from October 31st, there is a balance of $11,135.03.

The transactions for a bank account over a specific time period, typically monthly, are listed in a bank statement. The statement provides the beginning and ending balances for the period along with deposits, charges, and withdrawals.

A bank statement, also known as an account statement, is a record that summarizes all of an account's transactions for a given month and is normally issued by the bank to the account holder each month.

The calculation of the bank statement's amount as of October 31, is:

Ending balance                        $18,282.83

Less: Outstanding cheques   -$7,151.89

Add: Interest received             $19.09

Less: Service charged            -$15

Reported balance                    $11,135.03

To get the stated total, we simply added the remaining goods to the ending balance after subtracting the outstanding cheques and service fees.

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An increase in data volume is caused by the upgrading of production equipment to record information about the fit tolerance for assembled pieces of each unit produced.

Big data is a term used to describe vast quantities of data that are generally challenging for users to process, analyze, and manage using traditional data technologies.Big data essentially consists of the five (5) “Vs” of velocity, veracity, value, variety, and volume.Data volume describes the quantity of data that a company stores in a database for processing and analysis. Data volume so signifies the amount of data within an organization.

In this case, an increase in data volume is caused by an upgrade to the production equipment that records information about the fit tolerance for assembled pieces of each unit produced.The upgrade reflects an increase in Data diversity when the organization merely collected the fit tolerance data for it.The term “Data Variety” describes the range of data that were accessible during data collecting.The numerous types of data, which are obtained from various sources, may either be structured, unstructured, or semistructured.Here, only the fit tolerance data from the production gear was gathered and used to determine whether to improve the machine.

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In the Transactional Model of Communication, the person (agent) who fulfills the role of the Sender is a: B. marketer.

Communication can be defined as a strategic process that involves the transfer of information (message) from one person (sender) to another (recipient), especially through the use of semiotics, symbols, signs, and network devices.

In Economics, the Transactional Model of Communication comprises of four (4) main components and these include the following;

In the context of business transaction, the marketer is saddled with the responsibility of fulfilling the role of a sender because he or she sends out the goods.

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Complete Question:

In the Transactional Model of Communication, who fulfills the role of the Sender?

Market forecast

Marketer

Retailers

Consumer

The net income in the

We have 4000 * 100 = 400000

direct materials = 15 x 4000 = 60000

direct labor = 25 x 4000 = 100000

Variable overhead = 5 x 4000 = 20000

fixed overhead = 34,000/5000*4000 = 27,200

Gross profit = 400000 - 60000 - 100000 - 20000 - 27200

= 192800

The selling expense = $4*4000 =  16,000

The administrative expenses = 20,000

net income = 192800 - 16000 - 20000 = 156,800

The absorption costing is $156,800

Sale = 4000 x 100 = 400000

variable cost = 15 + 25 + 5 + 4 * 4000 =  49 * 4000 = 196000

fixed cost = 34,000+20,000 = 54,000

The net income = 400000 - 196000 - 54000 = 150,000

Hence the net income under absorption is $156,800

The net income under variable costing is $150,000

3. Reconciliation

= 150000 + (34000 / 5000 * 1000)

= 150000 + 6800

= $156800

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