assume the following information: milling department units percent complete materials conversion beginning work in process inventory 200 40% 30% units started into production during march 6,200 units completed during the period and transferred to the next department 5,800 100% 100% ending work in process inventory 600 70% 60% milling department materials conversion cost of beginning work in process inventory $ 10,000 $ 15,000 costs added during the period 290,000 385,000 total cost $ 300,000 $ 400,000 using the weighted-average method, the total cost of the ending work in process inventory with respect to conversion is closest to:

Answers

Answer 1

Total cost of ending work in process inventory = $30,510

The average cost of the process using the weighted-average method is the closest cost in terms of conversion to $46.95.

1 Material equivalent units  = 5,800 + (600 × 70%) = 6,220 units

Cost per equivalent unit = (10,000 + 282,000) / 6,220 = $46.95

Option $46.95 is CORRECT

2 Equivalent unit of material =5,800 + (600 × 70%) = 6,220 units

Cost per equivalent unit of material = 297,000 / 6,220 = $47.75

Equivalent unit of material in ending inventory = 600 × 70% = 420 units

Cost of ending work in process with respect to material = 420 × 47.75 = $20,055

3 Equivalent unit of unit completed in material  = 5,800 units

Equivalent unit of material = 5,800 + (600 × 70%) = 6,220 units

Cost per equivalent units of material= 292,000 / 6,220 = $46.95

Total cost of unit completed with respect to material = 5,800 × 46.95 = $272,310

4 Equivalent units of ending inventory in material = 600 × 50% = 300 units

Equivalent units of ending inventory in conversion cost = 600 × 40% = 240 units

Equivalent unit of material = 5,800 + 300 = 6,100 units

Equivalent unit of conversion cost = 5,800 + 240 = 6,040 units

Cost per equivalent units of material = 300,000/6,100 = $49.18

Cost per equivalent unit of conversion cost = 396,500/6,040 = $65.65

Total cost of ending work in process inventory  = (300 × 49.18) + (240 × 65.65) = $30,510

5  Equivalent unit of material = 5,800 + (600 × 50%) = 6,100 units

Equivalent unit of conversion cost = 5,800 + (600 × 30%) = 5,980 units

Equivalent unit of units completed in material = 5,800

Equivalent unit of units completed in conversion cost = 5,800

Cost per equivalent units of material = 300,000/6,100 = $49.18

Cost per equivalent units of conversion cost = 396,500/5,980 = $66.30

Total cost of units completed and transferred out

= (5,800 × 49.18) + (5,800 × 66.30) = $669,784

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Related Questions

what corporate diversification strategy is being pursued by disney? what evidence do you have that supports your position? how does the corporate office create a parental advantage, which is difficult to duplicate by its more focused competitors? what are synergies and economies of scope and how do they work at disney to lower its overall costs? given the diversification approach that disney uses, what are some things that they can do to deal further with the trend toward cord-cutting and competition from large streaming and content producers such at netflix, amazon, and other content producers?

Answers

The Walt Disney Company has developed a strategy that pursues diversified business operations in an effort to maintain its competitive edge.

What is corporate diversification strategy ?

When businesses want to expand, they use a diversification approach. In order to boost revenues, it is a practice to add a new product to your supply chain. These goods may represent a new subset of the market that your organization already serves, a strategy known as business-level diversification. Instead, if you enter a new market, corporate-level diversification takes place.

One of the four growth techniques popularized by Igor Ansoff is diversification. One of these growth strategies is more likely to be a fit for your business than the others, depending on the sector, size, and goals of your organization.

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the marketing team of 7 star inc., a company manufacturing smartphones, is currently studying the size, density, location, age, adn occupation of its target market

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A company manufacturing smartphones, is currently studying the size, density, location, age, and occupation of its target market then in this scenario demographic environment has been studied.

Statistics used to define populations and their features are called demographics. A population's characteristics, such as age, race, and sex, are studied through demographic analysis. Statistics expressing socioeconomic information of smartphones, such as employment, education, income, marriage rates, birth and death rates, and more, are referred to as demographic statistics.

For a variety of objectives, including economic market research and policy formation, governments, businesses, and non-governmental groups utilize demography to learn more about the characteristics of a population. For instance, a firm that sells smartphones high-end RVs would wish to target customers who are approaching or are already retired and increase the number of people who can afford their goods.There are several methods to utilize demographic data to understand a population's characteristics in general.

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suppose it costs both mcdonald’s and wendy’s $3 (cogs) per their value meal offerings, each sold at the same price of $4. assume that the cost of inventory for both companies is 30 percent a year. approximately how much does mcdonald’s save in inventory cost per value meal compared to that of wendy’s? you may assume that inventory turns are independent of the price.

Answers

$ 0.0222 per unit is the inventory that turns independent of the price.

Inventory

Inventory, often known as stock, refers to the items and supplies that a company keeps for the purpose of resale, manufacturing, or use. Inventory management is largely concerned with establishing the shape and positioning of stocked products.

McDonalds Inventory: $129.40 Revenue: $17,140.50  COGS:  $11943,70  Gross Profit: $5,196.80

Wendy's Inventory: $54.40 Revenue: $3148.90  COGS: $1534.60       Gross Profit: $1513.40

Inventory Turnover Ratio = COGS/Inventory

McDonalds = 11943.70 / 129.40 = 92.30

Wendy = 1534.60 / 54.4 = 28.21

Holding Cost for one unit

McDonalds = 0.3 [tex]\times[/tex] $ 3 [tex]\times[/tex] 1/92.3 = $ 0.0097

Wendy = 0.3 [tex]\times[/tex] $ 3 [tex]\times[/tex] 1/28.21 = $ 0.0319

Higher for Wendy = .0319 -.0097 = $ 0.0222 per unit

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kellen builders decides to move production to a developing country where they are free to pump pollutants into the atmosphere without legal restriction. by doing this, the company is contributing to quizlet

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By moving production to a developing country where Kellen builders will be free to pump pollutants into the atmosphere without legal restriction, the company is contributing to the global tragedy of the commons.

The global tragedy of the commons can be described as a problem in which the people in authority overuse a resource or cause such a problem that others also have to face the consequences for it. By having the authority of a resource, the authoritative people consume the resource as per their own will hence causing problems for others.

In the case above, the developing country, being the authoritative figure, has given permission to Kellen builders for pumping pollutants into the atmosphere. This will lead to a depletion in the amount of fresh air and ozone layer and hence will be a global tragedy that all commons will have to face.

Although a part of your question is missing, you might be referring to this question:

Kellen builders decide to move production to a developing country where they are free to pump pollutants into the atmosphere without legal restriction. By doing this, the company is contributing to

corporate social responsibility.

corruption.

cultural relativism.

the global tragedy of the commons.

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speedy sneakers has given a foreign entity the right to produce and sell its running shoes in return for a royalty fee on every unit sold. this is called multiple choice vertical fdi. a greenfield investment. licensing. an acquisition.

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Speedy sneakers has given a foreign entity the right to produce and sell its running shoes in return for a royalty fee on every unit sold. this is called false Licensing.

An entity that has already been incorporated in another territory, state, or nation is referred to as a foreign entity. In addition to international organizations, foreign governments, and any agency or division of foreign governments, a foreign entity is any corporation, business produce, partnership, trust, society, or other entity or group that is not incorporated or organiszed to conduct business in the United States. A foreign corporation is a company that operates in another country.

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using compounding, how much interest will be earned in the second year of a savings account that has an original balance of $100 and earns 5 percent interest per year?

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$125 simple interest will be earned within the second year.

We can use a simple interest basis,

A = P(1 + in)

A = 100(1 + 0.05(five) )

= $125 at the stop of the 5th year.

Simple interest is a quick and clean method for calculating the interest price on a loan.

Simple interest is decided with the aid of multiplying the day-by-day hobby fee thru the importance via the use of the range of days that elapse among bills.

Simple interest is calculated with the following system: S.I. = P × R × T, where P = most important, R = rate of interest in % in line with annum, and T = Time, generally calculated as the extensive type of years. The charge of interest is in percentage r% and is to be written as r/100.

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the inquiry analysis step of the iddr approach to ethical analysis of business decisions involves identifying the select and collecting the relevant select .

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Inquiry analysis is the analysis where the information prior is collected and then the decision is matched with the outcome of results.

Ethical analysis is done on the product of the business which has gone to the process of the production. It involves the identification, decision making and realization of profit from the sales.

Iddr approach is the proper one from the identification, detection, decision making and reporting to the final results. Collecting enough data and sampling and relevant explanation with the examples should be made. Inquiry analysis is also helpful.

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bly and ahmik are partners in a sandwich shop. they have been struggling for the last couple of years and, finally, decide to close the sandwich shop and dissolve the partnership. during the winding-up process, ahmik spends most of his time pursuing his next venture, so bly is handling most of the work involved in collecting and preserving partnership assets and paying the debts of the partnership. if bly requests payment for his services in winding up the partnership:

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As Bly is the only one who is giving his maximum time in winding up the partnership by preserving the assets and paying the debts, thus he is entitled to payment for those services.

What is a partnership business?

A partnership business refers to the formal agreement generally made by two or more person to jointly manage and operate a company for the attainment of the particular goals.

Partnership business is a type of business that consists of two or more people who combine their resources in order to establish a business and agree to share risks, profits and losses.

Basically, in partnership business each partner contributes money, property, labor or skill, and shares in the profits.

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madison outlet has the following inventory transactions for the year: date transaction numbers of units unit cost total cost january 1 beginning inventory 10 $200 $2,000 march 14 purchase 15 300 4,500 $6,500 january 1 to december 31 total sales to customers 12 what amount would madison report for cost of goods sold using fifo?

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The cost of goods sold for Madison outlet using the FIFO inventory method is $2,600.

What is the cost of goods sold?

FIFO is an abbreviation for first in, first out. FIFO is an inventory method that postulates that the first inventory to be bought is the first to be sold. This means that when a unit of inventory is sold, it is assumed that it is sold from the inventory purchased at the earliest. The ending inventory is made up of inventory that was purchased latest.

Other inventory methods are last in, first out (LIFO) and the average inventory method.

Using the FIFO inventory method, the 12 sales to customers would be taken from the beginning inventory and the inventory purchased on March 14.

Cost of goods sold = $2000 + (2 x $300)

$2000 + $600 = $2,600

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private and nonprofit sectors are encouraged to develop contingency plans and to work with state; tribal; and local planners to ensure that their plans are consistent with other pertinent plans.

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Private and nonprofit sectors are encouraged to develop contingency plans and to work with state; tribal; and local planners to promote  that their plans are consistent with other pertinent plans. -------True

The given statement is correct .

What does contingency plan mean?

A contingency plan is defined as  a course of action designed  and framed to aid  an organization to  respond effectively to a significant future incident, event or situation that may or may not happen.

What is the difference between private and nonprofit?

The most important difference between a private foundation and a public charity is the way  in which funds are acquired.

A private foundation is commonly funded by an endowment from a single source, while a public charity must continually solicit donations from an  individuals and organizations.

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10. frederickson office supplies recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,250 of depreciation. the company had no amortization charges and no non-operating income. it had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal-plus-state income tax rate was 40%. how much was the firm's taxable income, or earnings before taxes (ebt)? a. $3,230.00 b. $3,400.00 c. $3,570.00 d. $3,748.50 e. $3,935.93

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b. $3,400.00 was the firm's taxable income or earnings before taxes (EBT).

How much do you make before taxes?

EBT is a metric for measuring financial performance. When all expenses, excluding taxes, are subtracted from revenue, the result is a line item on the income statement that represents the company's earnings before taxes. Pre-tax income, profit before tax, and income before income taxes are other names for EBT.

Calculation:

Income Statement                                $                                                                                                    

Sales Revenue                                    12,500

Operating costs                                  (7,250)

Operating profit (EBDIT)                     5,250

Depreciation Expense                        (1,250)

EBIT                                                      4,000

Finance cost (7.5%)                             (600)

EBT                                                       3,400

EBDIT-Earnings Before Depreciation, Interest, and Tax

EBIT-Earnings Before Interest and Tax

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question 2 during which step of the quality management process does a project manager ask questions such as: ""how will i determine if the quality measures will lead to project success?"" and ""what outcome do my customers want at the end of this project?"" 1 point

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A project manager asks these questions at the quality planning stage of the quality management process.

How does the quality management process work?

The majority of businesses normally adhere to a set of methods known as a quality management process to guarantee the caliber of the deliverables. Establishing quality goals that have the customers' approval is typically required to start a QMP.

What is the step of quality planning?

The process of selecting what is most crucial to the project is called quality planning. This happens when you're preparing a project and deciding what elements are essential for its success. This covers the tools required to complete the project, the procedures to follow, and the requirements that must be satisfied.

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job description should ideally be developed jointly by the department manager and human resources without the involvement of the persons who may presently be performing the job.

Answers

The statement is false.

The required details about job description is mentioned in below paragraph.

A job description is a formal explanation of the essential competencies, obligations, and skills required to carry out a certain activity. A thorough job description will detail how success in the position is assessed for use in performance reviews.

A job description's worth.

In order for candidates to decide whether the position fits with their skill set and whether it is a job they genuinely want to undertake, a job description is a crucial component of the job application process.

According to the organization, the job description is essential to ensuring that the applicants for the post closely reflect the requirements of the role itself.

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What does it mean to underwrite a share issue?

Answers

Explanation:

What does it mean to underwrite a share issue

In the securities market, underwriting involves determining the risk and price of a particular security. It is a process seen most commonly during initial public offerings, wherein investment banks first buy or underwrite the securities of the issuing entity and then sell them in the market.

the trial balance of rollins incorporated included the following accounts as of december 31, 2024: debits credits sales revenue $ 6,700,000 interest revenue 44,000 loss on sale of investments $ 20,000 loss on debt investments 182,000 gain on projected benefit obligation 300,000 cost of goods sold 5,120,000 selling expense 480,000 restructuring costs 220,000 interest expense 10,000 general and administrative expense 380,000 the loss on debt investments represents a decrease in the fair value of debt securities and is classified as part of other comprehensive income. rollins had 100,000 shares of stock outstanding throughout the year. income tax expense has not yet been accrued. the effective tax rate is 25%. required: prepare a 2024 separate statement of comprehensive income for rollins incorporated.

Answers

Rollins Inc. ROLLINS INC. Statement of Comprehensive Income trial balance is prepared below :

Trial balance :

A trial balance is defined as  a financial report showing the closing balances of all accounts in the general ledger at a point in time. Creating an trial balance is the very first step in closing the books at the end of an accounting time . A trial balance can be  a list of all the general ledger accounts contained in the ledger of a business. This list would  contain the name of every nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance

Trial balance :

For the year ended December 31, 2024:

Sales revenue                                                     $6,700,000

Cost of goods sold                                              -4,400,000

Gross profit                                                         $1,500,000

Selling expense                                   480,000

General and administrative expense 300,000    -380,000

Operating Income                                                $800,000

Interest revenue                                    40,000

Interest expense                                  -20,000       20,000

Income before taxes                                           $820,000

Income tax (25%)                                                  -205,000

Income after tax                                                   $615,000

Other comprehensive income:

Gain on projected benefit obligation   260,000

Restructuring costs                               -190,000

Loss on sale of investments                  -10,000

Loss on debt investments                   -160,000  -100,000

Other comprehensive income                           $515,000

Elaboration :

Data and Calculations:

Trial Balance as of December 31, 2021:                                                                                                

                                             Debits                             Credits

Sales revenue                                                             5,900,000

Cost of goods sold             4,400,000

Interest revenue                                                            40,000

Interest expense                    20,000

Loss on sale of investments     10,000

Loss on debt investments                   160,000

Gain on projected benefit obligation                                260,000

Selling expense                                      400,000

Restructuring costs                                 190,000

General and administrative expense    300,000

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When an entrepreneur creates economic value by changing their personal tacit knowledge about a novel business process or innovation into explicit knowledge that can be franchised, this is an example of what knowledge management activity?.

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When an entrepreneur creates economic value by changing their personal tacit knowledge about a novel business process or innovation into explicit knowledge that can be franchised, this is an example of a knowledge management activity called "Utilizing Knowledge"

What is knowledge management?

It is to be noted that there are four basic Knowledge Management activities that may or may not be fully or partially synthesized into any operating model. They are:

CreatingStoring Sharing andUtilizing knowledge

Knowledge management is the collection of ways for developing, distributing, using and managing an organization's knowledge and information.

It refers to a comprehensive approach to achieving organizational goals by making the greatest use of information.

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suppose that canada produces two goods: lumber (y) and fish (x). it has 18 million workers, each of whom can cut 10 feet of lumber or catch 20 fish each day.

Answers

The opportunity cost of producing 1 foot of lumber is 2 fish.  

What is Opportunity cost?When economists discuss the "opportunity cost" of a resource, they mean the value of the next-highest-valued alternative use of that resource. If you expend time and money driving to the movies, you can't expend that period reading a book at home, and you can't finish that money on something else."When a decision is made, the value of the next-best alternative is what is given up," Andrea Caceres-Santamaria, senior economic education specialist at the St.Opportunity cost is the value of what you lose when choosing between two or more options. When you make a decision, you believe that it will be sufficient for you regardless of whether or not you succeed.

Hence,

a. 10 feet x 18 million employees = 180 million talons

b. 20 fish x 18 million employees = 360 million fish

c. The opportunity cost of producing one foot of lumber is equal to two fish. As a result, the opportunity cost of producing 60 million feet of lumber is equivalent to 120 million fish. Canada can only produce 360 - 120, or 240 million fish, if it produces 60 million feet of lumber.

The complete question is:

Suppose that Canada produces two goods: lumber and fish. It has 18 million workers, each of whom can cut 10 feet of lumber or catch 20 fish each day.

a. What is the maximum amount of lumber Canada could produce in a day?

b. What is the maximum amount of fish it could produce in a day?

c. How many fish can be caught if 60 million feet of lumber are cut.

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starforce avionics makes aircraft instrumentation. its basic navigation radio requires​ $60 in variable costs and​ $3,000 per month in fixed costs. further processing the​ radio, to enhance its​ functionality, will require an additional​ $26 per unit of variable costs but no change to the fixed costs. the marketing manager believes that the company would be able to increase the sales price from​ $270 to​ $290. if starforce decides to further process the​ product, operating income​ would: question content area bottom part 1 a. decrease by​ $6 per unit b. remain the same c. increase by​ $86 per unit d. increase by​ $26 per unit

Answers

If Starforce decides to further process the​ product, operating income​ would decrease by​ $6 per unit. Though there is increase in Gross Income per unit.

As we know that,

Operating Income = Gross Income – Operating Expenses

Increase in Gross Income per unit is :

$290 - $270=  $20

Given, there is an additional​ $26 per unit of variable costs but no change to the fixed costs to further process the​ product.

Change in Operating Income = Change in Gross Income – Change in Operating Expenses

=  $20- $26

= - $6

Negative sign indicates a decrease in the Operating Income.

Hence, operating income​ would decrease by​ $6 per unit.

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on september 12, ryan company sold merchandise in the amount of $6,400 to johnson company, with credit terms of 3/10, n/30. the cost of the items sold is $4,300. johnson uses the periodic inventory system and the net method of accounting for purchases. the journal entry that johnson will make on september 12 is:

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An invoice, bill, or tab is a business document that a seller issues to a buyer in connection with a sale transaction.

What is an invoice?An invoice, bill, or tab is a business document that a seller issues to a buyer in connection with a sale transaction. It lists the goods, quantities, and prices that were agreed upon for any goods or services that the seller has delivered to the customer.In most cases, the invoice includes the payment terms. These can stipulate that the buyer has a set number of days to pay, and they might also give a discount for payments made in advance of the payment due date. The goods or services specified on the invoice might have already been paid for by the buyer. Some sellers indicate in huge, capital letters on an invoice if it has already been paid to prevent misunderstandings and the ensuing needless interactions from buyer to seller.

Accounts payable = $6400

As soon as a purchase is made, the company enters the invoice into the accounting system for the entire amount due, without any discounts, So:  

Purchases = $6400 Debit  

The terms of payment are 3/10, and n/30, which indicates that the discount is applied if the payment is paid within the first 10 days of the invoice date. The entry is as follows because the invoice was issued on September 12 and the payment was paid on September 18:

Accounts Payable = $6400 Debit  

Purchases Discounts = $116 Credit  

Cash = $6384 Credit  

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which best describes an uninformed consumer?responsesbuys products based on celebrity endorsementsbuys products based on celebrity endorsements,knows how to identify reliable, trustworthy sources of informationknows how to identify reliable, trustworthy sources of information,careful not to buy every fad that appears on the marketcareful not to buy every fad that appears on the market,aware of quackery

Answers

Buys products based on celebrity endorsements describes an uninformed consumer.

Celebrity endorsements are used by businesses to market and sell their goods to consumers. A celebrity's endorsement of a product does not necessarily imply that they utilise it or that it is a quality item. Long-term brand awareness and short-term sales growth are both aided by celebrity endorsement.

A consumer must be knowledgeable about every aspect of a product and determine whether it can in any way satisfy his needs. The launch of a new product, the growth of a market, or the repositioning of a brand are all excellent examples of significant changes that can be marked by celebrity marketing. Therefore, relying solely on celebrity endorsements to make a purchase reveals an ignorant consumers.

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a manager who privately and confidentially shares opinions about an ex-employee with a peer at another facility is making his or her own organization vulnerable to certain legal charges.

Answers

Yes, a manager who privately and confidentially shares opinions about an ex-employee with a peer at another facility is making his or her own organization vulnerable to certain legal charges.

Leaders can notice and learn if staff members need support or assistance by being visible, accessible, and compassionate. One of the most crucial principles a leader or management should understand is the influence of assisting their colleagues in their work.

More than just being noticed, visible leadership is active. The board's responsibility to establish a culture that demonstrates an organization's values and mission while considering employee and community feedback is unwavering. Leadership and employees communicate in total transparency.

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a company's cash receipts procedures include the following. cashiers collect cash and issue a receipt at the point of sale. supervisors take custody of the cash at the end of each cashier's shift and deposit it in the bank. accounting staff then ensure the receipts from cash sales are properly recorded in the accounting system. which internal control principle is most evident with these procedures? a. independently verify b. segregate duties c. document procedures d. restrict access

Answers

Segregation of duties internal control principle is most evident with the company's cash receipts procedures.

Segregation of tasks is one of the fundamental ideas in establishing internal controls over a company's assets. One important internal control is the separation of duties, which prevents employees from being able to commit fraud or errors while also covering them up while performing their regular duties.

It has two main benefits: It guarantees that there will be oversight and evaluation to find mistakes and due to the fact that it takes two employees to conspire in order to conceal a transaction, it helps to prevent fraud and theft.

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high step shoes had annual revenues of $188,000, expenses of $105,200, and dividends of $19,200 during the current year. the retained earnings account before closing had a balance of $300,000. the entry to close the income summary account at the end of the year, after revenue and expense accounts have been closed, is:

Answers

The entry to close the income summary account at the end of the year, after revenue and expense accounts have been closed, is: Net income

This is further explained below.

What are annual revenues?

Generally, The sum of all of a company's earnings that it brings in over the course of a calendar year through the sale of its goods, services, or other holdings is referred to as its annual revenue.

Your annual income does not take into account any of your costs in any way. On income statements, the word "sales" is often used as a synonym for "revenue" because of this reason.

The net profits of the firm are used to determine the amount of retained earnings.

After the company's net earnings have been moved to the retained earnings account, the dividend will then be paid out to the company's shareholders. Initially, the retained earnings account will be funded with the net earnings.

In conclusion,  the equation for the Net income  is mathematically given as

N=annual revenues- expenses

Therefore

N = 188,000 - 105,000

N= $83,000

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In the pastJan's Dance Studio charged a late fee if monthly tuition payments were received after the due date. A behavioral economist suggested raising monthly tuition by $5 and giving a 5 discount for on-time payments. To the owner's great surprise, the number of late payments decreased dramatically after she followed this advice. What psychological factor might explain this phenomenon ?

Answers

After she took this suggestion, the number of late payments dropped significantly. A psychological component that explains this phenomena is framing bias.

The definition of framing bias

The term "framing bias" refers to the finding that how data is presented can have an impact on how people make decisions. The tale of Tom Sawyer whitewashing the fence by Mark Twain is the most well-known instance of framing bias. He persuaded his pals to pay him for the "honor" of completing his task by framing the chore in positive terms.

These people rely on language structure to convince them rather than facts and data. For instance, it is more probable that investors will respond favorably if an investment product is presented in an upbeat manner.

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if an investor has an established margin account with a current market value of $6,000 and a debit balance of $2,500, with regulation t at 50%, how mu

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The investor will have buying power of $1000 with current market value of $6000.

Buying Power :

Buying power is that the money an investor has available to purchase securities. Buying power equals the entire cash held in the brokerage account plus all available margin.  A typical margin account provides two times equity in buying power.

Buying  power means  to a customer's ability to reduce prices, enhance  quality, or “commonly  play industry participants off one another.

Simplification :

The Regulation T requirement is 50% Of current market value

current market value = $ 6000

                                   50% of $6000

                                     = $3000

Equity is equal to current market value

                                          = $6000 - debit balance

                                          =  $6000 -  $2500

                                                = $3500

Excess equity =   current equity  -  Regulation T requirement

                            = $ 3500 - $3000

                              = $ 500

Buying power = excess equity × 2

                         = $ 500 × 2

                          = $ 1000

Hence, the investor will have $ 1000 buying power.

Current market value :

The current market value (CMV) gives parties interested in making a transaction the approximate current resale value for a financial instrument or asset. Current market price is related to an asset's liquidity, which is that the ease of which an asset can be converted from an investment into cash.

Question is incomplete , missing part is given below :

If an investor has an established margin account with a current market value of $6,000, and a debit balance of $2,500 with Regulation T at 50%, how much buying power does the investor have?

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jenny enterprises has just entered a lease agreement for a new manufacturing facility. under the terms of the agreement, the company agreed to pay rent of $17,000 per month for the next 7 years with the first payment due today. if the apr is 7.56 percent compounded monthly, what is the value of the payments today?

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Jenny enterprises have just entered a lease agreement for a new manufacturing facility. the value of the payments today is

Value of payments today = 1113170.60

This is further explained below.

What are enterprises?

Enterprise is another term for a corporation or firm that operates for the purpose of making a profit; nevertheless, the term is most often used to refer to activities undertaken by entrepreneurs.

People who have been successful in business sometimes have the adjective "enterprising" attached to their names. There are many other kinds of legitimate businesses, but the one that is most widespread in the United States is the corporation.

rate per month r= 0.63%

Number of months n = 84

Rent per month P = 17000

Generally, the equation for the Value of payments today is mathematically given as

Value of payments today [tex]= P + \frac{P*(1-(1+r)^{-(n-1))}}{r}[/tex]

Value of payments today = [tex]17000 + \frac{ 17000 * 1 - (1+0.63 \%)^{-(84-1)} }{ 0.63 \%}[/tex]

Value of payments today = 1113170.60

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If alejandro wants to pay off his student loan by basing it on how much he is earning at his job after graduation, what type of repayment plan is best for him?.

Answers

If Alejandro wants to pay off his student loan by basing it on how much he is earning at his job after graduation, then Income-Driven Repayment Plan is best for him.

In many countries, the government provides a federal loan to students in need so that they can manage their education. Also, to pay these lean there are different repayment plans that the government launches so that the students can pay off these loans easily.

In the scenario described above, Alejandro plans to pay off the loan with the earnings he gets from a job after graduation. Such a type of repayment plan that is based on income is referred to as an income-driven repayment plan.

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Inventory began was $30,000. During the period the company purchased $61,000 of merchandise. At the end of the period, inventory was $22,000. If the gross profit percentage was 40%, what was sales revenue?.

Answers

If during the period the company purchased $61,000 of merchandise and at the end of the period, inventory was $22,000. If the gross profit percentage was 40%, The sales revenue is $115,000.

Sales revenue

Using this formula to determine the company sales revenue

Sales revenue = Beginning  inventory + Merchandise - Ending inventory / (1- Gross profit percentage)

Where:

Beginning  inventory = $30,000

Merchandise = $61,000

Ending inventory = $22,000

Gross profit percentage = 40%

Let plug in the formula

Sales revenue :

Sales revenue= $30,000 + $61,000 - $22,000 /(1- .40)

Sales revenue = $69,000 /0.60

Sales revenue= $115,000

Therefore we can conclude that the company has  sales revenue of the amount of $115,000.

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why is marketing return on investment​ (roi) so difficult to​ measure? question content area bottom part 1 a. ​customer-centered measures are inconvenient. b. the market economics constantly change. c. marketers do not keep adequate records. d. marketing dashboards are inconsistent. e. there is no consistent definition.

Answers

Option (e), which states that there is no uniform definition, is the correct response.

Why is it so difficult to calculate the return on investment (roi) in marketing?

The fact that marketing initiatives are continual is one reason why they are challenging to monitor. Nevertheless, we compute ROI across predetermined time frames. As a result, there must be a defined start and end date for the analysis of marketing ROI. Choosing the right metrics to use is another difficult decision.

Marketing return on investment (ROI) measurement is challenging for three main reasons:

Some marketing initiatives have no clear correlation to sales. There is no agreed-upon procedure for figuring out what qualifies as a marketing cost. It's impossible to count some payback cycles.

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assume that in the year 2010, the us nominal gdp was $15 trillion, while the gdp deflator was 200. calculate the us real gdp for 2010. group of answer choices $0.75 trillion $300 trillion $7.5 trillion $30 trillion

Answers

Assuming that in the year 2010, the US Nominal GDP was $15 trillion, while the GDP deflator was 200, then, the US Real GDP for 2010 will equals to $7.5 trillion

What is a Real GDP?

This refers to an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year which is expressed in base-year prices and often referred to as constant-price GDP, inflation-corrected GDP etc.

To calculate out Real GDP. We are using this formula "Real GDP=Nominal GDP/GDP deflator×100"

Where: Nominal GDP=$15 trillion, GDP deflator=200

Real GDP = $15 trillion/200 × 100

Real GDP = $7.5 trillion

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