Both large and small companies use proposals to solicit or place competitive bids on projects. Most proposals are external and are a critical means of generating income. The type of proposal is written to obtain funding from agencies that support worthwhile causes Grant proposal. The correct answer is B.
What traits set a successful grant application apart?A strong grant proposal should be concise, clear, and persuasive. Avoid being overly lengthy while still giving the donor enough details so that they can understand your request and know that you've given it some thought. The narrative you give in your grant application should also aid the sponsor in comprehending your project.
What is the purpose of a grant?The government may provide grants in order to support your initiatives and ideas for providing public services and fostering the economy. Numerous programs in the Catalog for Federal Domestic Assistance, such as ground-breaking research initiatives, vital recovery measures, and others, are funded by grants (CFDA).
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the structure whose function is to allow substances to diffuse from an area of higher concentration to an area of lower concentration
Facilitated transport, also known as facilitated diffusion, is a process in which transmembrane proteins help transfer molecules across the plasma membrane in the direction of a concentration gradient (from high to low concentration) without using any cellular energy.
Diffusion is the process by which a substance moves from a region of high concentration to a region of low concentration, and so on until the concentration is uniform over a given region. Diffusion via a plasma membrane. At first, the outer layer has a greater concentration of molecules.
In contrast to active transport, which requires the cell to expend energy, passive transport occurs spontaneously. Diffusion is the means by which chemicals in passive transport travel from a region of higher concentration to an area of lower concentration. A concentration gradient describes the distribution of a single substance throughout a certain volume.
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T/F: The rate of interest specified in a bond contract as the interest rate to be paid by the company to investors in the bond is known as the market rate.
"The rate of interest specified in a bond contract as the interest rate to be paid by the company to investors in the bond is known as the market rate." This statement is True.
A bond represents a promise through a borrower to pay a lender their primary and normally interest on a mortgage. Bonds are issued by way of governments, municipalities, and agencies. A bond among human beings is a sturdy feeling of friendship, love, or shared ideals and reports that unites them. The revel in created a totally unique bond between us. [ + between].
There are numerous classes of bonds: Treasury securities are issued with the aid of the federal government; municipal bonds are issued with the aid of states and nearby governments; and company bonds are issued by means of organizations. other styles of bonds include high-yield bonds, corporation securities, and asset-backed securities.
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the employees of home depot are experienced craftspeople who enjoy giving their customers advice about do-it-yourself projects. the employees' advice increases the of their goods.
The employees of Home Depot are experienced craftspeople who enjoy giving their customers advice about do-it-yourself projects. The employees’ advice increases the information of their goods.
As a employee, there is no one right way to deal with customers. Being sincere and eager to assist the client in finding what they require is the most crucial aspect. Customers are able to tell when someone is merely trying to sell them something or actually wants to be of assistance.
Any sales contact will inevitably involve some back-and-forth, but as long as the salesman is patient and respectful, they will typically be able to reach a satisfactory compromise.
The question is incomplete, the complete question is :
The employees of Home Depot are experienced craftspeople who enjoy giving their customers advice about do-it-yourself projects. The employees’ advice increases the _____ of their goods.
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taxpayers whose only unearned income consists of qualified dividends and capital gain distributions reported to them on form 1099-Dlv generally compute the amount of tax on this income using A. form 8949, sales and other dispositions of Capitals assets B. The qualified Dividends and capital gain tax worksheet C. The schedule D Tax worksheet D. The tax tables
The taxpayers who report on form 1099-Dlv generally compute the amount of tax on the income using the qualified Dividends and capital gain. The Option B is correct.
What is the form 1099-Dlv?In U.S., the Form 1099-DIV are used by banks and other financial institutions to report dividends and other distributions to taxpayers and to the IRS. Its shows the dividends received, taxes withheld, non-dividend distributions, capital gains distributions, investment expenses and certain other types of gains.
By using Form 1099-DIV, the dividends and distributions is sent to investors who receive distributions from any type of investment during a calendar year.
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of the listed methods of collecting demographic information, which is the most effective for organizations defining their target market?
Of the listed methods of collecting demographic information, surveys are the most effective method for organizations defining their target market.
Give a brief account on surveys.In human subject research, a survey is a series of questions designed to elicit specific data from a target group. Surveys can be taken over the phone, by mail, online, at street corners, and even within retail malls.In disciplines like social research and demography, surveys are used to collect or gain knowledge.
Survey research is frequently employed to gauge beliefs, viewpoints, and emotions. Survey goals can be more general and broad-based or more specialized and confined. Surveys are frequently used by psychologists and sociologists to study behavior, and they are also employed by the media to serve more practical purposes including assessing political candidates, public health officials, professional associations, and advertising and marketing directors.
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thomson co. produces and distributes semiconductors for use by computer manufacturers. thomson issued $480,000 of 15-year, 12% bonds on may 1 of the current year at face value, with interest payable on may 1 and november 1. the fiscal year of the company is the calendar year. date transaction may 1. issued the bonds for cash at their face amount. november 1. paid the interest on the bonds. december 31. recorded accrued interest for 2 months. journalize the entries to record the above selected transactions for the current year. if an amount box does not require an entry, leave it blank. date account debit credit may 1 cash cash 480,000 cash bonds payable bonds payable bonds payable 480,000 nov. 1 interest expense interest expense 60,000 interest expense cash cash cash 60,000 dec. 31 interest expense interest expense 40,000 interest expense interest payable interest payable interest payable 40,000
May 1 Cash $450,000 To record the cash received from the issuance of bonds Bonds Payable $450,000, Nov 1 Interest Expense 27,000 To recognize an expense account, related to the interest paid Cash 27,000 To record the interest paid in cash($450k x 12% x 6/12).
Describe what expenses are.Cost is what expenses simply mean. A cost of operations is what is referred to as an expense in accounting language. It refers to the flow of money received in exchange for commodities or services. Expenses can alternatively be expressed as the total of all activities that typically result in a profit.
What do expenses mean in accounting?A company's expenditures and associated costs in generating revenue are referred to as expenses in accounting. Account expenses are, to put it simply, the costs associated with operating a firm. They all work together to support the processes required in making a profit.
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The spot rate for the Argentine peso is $0.3600 per peso. Over the year, inflation in Argentina is 10 percent and U.S. inflation is 4 percent. If purchasing power parity holds, at year-end the exchange rate should be approximately ______________ dollars per peso.
a) 0.3015
b) 0.2987
c) 0.3614
d) 0.2875
e) 0.3384e
The exchange rate should be approximately 0.340364 dollars per peso.
Spot rate = 1 Argentina Peso = $0.3600
Inflation in Argentina = 10 %
U.S. inflation = 4 %
Hence Expected rate =
1Peso (1.10) = $0.3600(1.04)
Hence
1 Peso = $0.3600(1.04) / 1.10
1 Peso = 0.340364
What Is the Spot Rate?
The spot rate is the price quoted for immediate settlement on an interest rate, commodity, a security, or a currency. The spot rate, also referred to as the "spot price," is the current market value of an asset available for immediate delivery at the moment of the quote.
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when the market value of the benefits exceeds the market value of the costs the decision benefits the firm?
Yes, when the market value of the benefits exceeds the market value of the costs, the decision benefits the firms.
In the field of business, a decision is known to benefit a particular business when there is a higher market value of benefits that have occurred to the business rather than the market value of the costs.
This means that the business is able to generate more profit and other benefits such as enhanced market value when a decision benefits a firm.
On the other hand, when a decision does not benefit a firm, then the market value of costs that were utilized on that particular product will have a higher market value or costs in comparison to the market value of benefits.
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when developing probabilistic estimates of project duration, it is necessary to know which of the following? multiple choice the standard deviation of activities on the critical path the distribution of activity times the mean and variance of activities on the critical path each activity's probability of completion the mean and variance of every activity
When developing probabilistic estimates of project duration, it is necessary to know the mean and variance of every activity.
Define the probabilistic time estimations.A statistical method for determining how long it will take to complete a project is the probabilistic time estimation technique. A number of techniques, including the PERT technique, GERT technique, and application method that combines the PERT technique and Monte Carlo simulation are presented for the probabilistic duration estimation method, which stochastically evaluates the time to reach either the major intermediate completion points or the entire project duration.
CPD is a probabilistic approach that uses a motion coherence constraint over a velocity field to enable the smooth transfer of points from one spatial position to another.
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Which of the following is a good tool for planning the verbal and visual components of a collaborative presentation?
a. a Web-based application b. PowerPoint SmartArt c. a flowchart d. a Gantt chart e. a storyboard
The answer is B. The visual and verbal elements of a collabrative presentation can be planned with PowerPoint SmartArt.
What might a presentation gain from collaboration?In order to get the finest results, a team must work collaboratively so that each member can express their thoughts, learn how their teammates think, & riff on novel ideas. Employees are more likely to contribute their knowledge through collaboration, and they also pick up new skills from one another in the process.
Which 4 forms of cooperation are there?The four primary categories of collaboration that are currently recognized (Coalitions, Investments, Invention Networks, and Ecosystems) are briefly described here, along with an explanation of their respective significance.
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Adaptation is more costly than standardization because ________.
A) a firm that chooses adaptation over standardization is likely to lose customers in the long run
B) adaptation often requires the firm to engage in substantial modifications to product design, manufacturing, pricing, distribution, and communications
C) adaptation requires the firm to scale up production without regard to quality
D) standardization holds no market risks
Because a company that opts for adaptation over uniformity is likely to experience long-term client loss, adaptation is more expensive than standardization.
How would you define standardization?
In order to standardize a specific industry, standards-based and comparable technology and processes must be developed, promoted, and perhaps mandated. Technology standards can impose requirements on the caliber and consistency of a technology and guarantee its compatibility, interoperability, and safety.
Describe standardization using an example.
To establish a level of consistency or uniformity to specific activities or operations within the chosen environment is the purpose of standardization. The generally accepted accounting principles (GAAP), which must be followed by all businesses listed on U.S. stock markets, are an illustration of standardization.
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a firm that has a orientation will consider upstream and downstream flows of goods, services, finances, and information across the supply chain as activities it would be involved in, even though they may be performed by other companies. group of answer choices production supply chain marketing concept customer distribution
A company with a focus on customer distribution will take other companies' involvement in the upstream and downstream flows of goods, services, funds, and information across the supply chain into account.
Managing the flow of goods from a supplier or manufacturer to a point of sale is referred to as distribution management. It is a general phrase that covers a wide range of tasks and procedures, including inventory management, warehousing, supply chain management, and logistics.
For wholesalers and distributors, distribution management plays a significant role in the business cycle. How soon a company can turn their products around will determine its profit margins. The future of the company will be brighter since they will make more money the more they sell. For firms to stay competitive and satisfy customers, an effective distribution management system is also essential.
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retailers that receive an online order and ship the product from a store's inventory, refer to the store as a . group of answer choices hub demand network cash cow fullfillment center
Retailers that receive an online order and ship the product from a store's inventory, refer to the store as a fulfilment center.
Hence, Option D is correct
A retailer is a person or establishment where you buy products. Typically, retailers don't produce their own goods. They buy products from a producer or a wholesaler and then sell them in tiny quantities to customers.A retailer, sometimes known as a merchant, is an organization that sells products such as apparel, groceries, or automobiles to customers directly through a variety of distribution methods in an effort to make a profit. This business may be located offline or online.To know more about Retailers here
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Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax. Record the entry for the $6,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15. View transaction list Journal entry worksheet 2 3 1 Record the cash sales and 5% sales tax.
A journal entry is the record of the financial transaction of a business in its financial books.
Cost of merchandise = $3,900
Sale = $6,000
Sales Tax = 5%
Formulating the journal entries for Dextra Computing -
1. September 30,
Cash A/c Dr. $6,300 ( 5% of 6000 + 6000)
To Sales $6,000
To sales tax payable $300
( Being recording the sales with 5% sales tax payable)
2. September 30,
Cost of goods sold A/c Dr. $3,900
To merchandise inventory $3,900
( Being the transfer of the cost to the finishing department)
3. 15th October,
Sales tax payable A/c Dr. $300
To cash $300
( Being the entry for remittance of sales tax to the state government)
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which of the following statements about dividends is not accurate? dividends are generally reported quarterly as a dollar amount per share. low dividends may mean high stock returns. the board of directors is obligated to declare dividends. payment of dividends from legal capital is illegal in many states.
The statement about dividends that is not accurate is that the board of directors is obligated to declare dividends. So option c. is correct.
A dividend is the distribution of corporate earnings to eligible shareholders. Dividend payments and amounts are determined by a company's board of directors. The dividend yield is the dividend per share and is expressed as a percentage of a company's share price. Many companies do not pay dividends and instead retain earnings to be invested back into the company. Dividends must be approved by the shareholders by voting rights. Although cash dividends are common, dividends can also be issued as shares of stock.
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Taylor is considering job offers from two companies. Company A offered her a starting salary of $46,000 with a $2100 raise at the end of each year. Company B offered her a starting salary of $46,000 with a 4.4% raise at the end of each year.
Let f(t)represent Julia's salary at Company A t years after accepting a position at Company A, and let g(t)represent Julia's salary at Company B t years after accepting a position at Company B. Complete the table of values below.
t f(t) g(t)
0 46000 46000
1 ? ?
2 ? ?
3 ? ?
The salary for first year will be $46,000 for both companies.
Now, Company A is offering a steady raise and it is represented by f(t), so it can be written as following:
Company A:
f(t) = 46000 + 2100t
Company B is giving raise at rate of 4.4% and represented by g(t) so it can be written as:
Company B:
g(t) = 46000*( 1 + .044 )^t
In both equations t represents time passed.
when t = 0
Company A
f(t) = 46000 + 2100t
f(0) = 46000 + 2100*0 = 46000
Company B
g(t) = 46000*( 1 + .044 )^t
g(0) = 46000*( 1 + .044 )^0 = 46000 *1 = 46000
when t = 1
Company A
f(t) = 46000 + 2100t
f(1) = 46000 + 2100*1 = 46000 + 2100 = 48100
Company B
g(t) = 46000*( 1 + .044 )^t
g(1) = 46000*( 1 + .044 )^1 = 46000 *1.044 = 48024
When t = 2
Company A
f(t) = 46000 + 2100t
f(2) = 46000 + 2100*2 = 46000 + 4200 = 50200
Company B
g(t) = 46000*( 1 + .044 )^t
g(2) = 46000*( 1 + .044 )^2 = 46000 * 1.089936 = 50,137
When t = 3
Company A
f(t) = 46000 + 2100t
f(3) = 46000 + 2100*3 = 46000 + 6300 = 52300
Company B
g(t) = 46000*( 1 + .044 )^t
g(3) = 46000*( 1 + .044 )^3 = 46000 * 1.137893184 = 52,343
-----------------------------------------
The final table is:
t ------- f(t) ------- g(t)
0 ----- 46000 ----- 46000
1 ------ 48100 ----- 48024
2 ----- 50200 ----- 50,137
3 ----- 52300 ----- 52,343
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according to the open economy macroeconomic model, which of the following would cause the real interest rate to decrease in the united states? true false
This statement is true: according to the open economy macroeconomic model, which of the following would cause the real interest rate to decrease in the united states.
The drivers of money supply and demand are emphasized in the monetary approach to open-economy macroeconomics. Both fixed and floating exchange rates can be considered individually when analyzing the monetary strategy. The monetary approach is known as the Monetary Approach to Balance of Payments in this situation because it applies to the balance of payments if the exchange rate is fixed. The Monetary Approach to Exchange Rates, in contrast, explains exchange rate changes when exchange rates are floating.
The models that have been mentioned up to this point provide crucial insights into how components of global trade, open economy macroeconomics, and international asset pricing can be brought together under a single framework and how they interact with one another. Future study in this field will be lively and fruitful because the literature is developing in a number of ways.
First, the insertion of market incompleteness into the narrative is necessary for the consideration of global imbalances, current account sustainability, and, more generally, of international portfolios and risk sharing.
Second, a lot of the international macro-finance models that have been created so far have pure exchange economies.
Third, these models lack a complete financial sector, whose significance has been shown by a number of recent infectious crises.
Finally, only models with agents who have log-linear preferences have so far yielded closed-form solutions.
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a firefighter is injured by smoke inhalation while fighting an accidental fire at a local resident's house. is the homeowner liable for negligence if the firefighter sues? yes, because the homeowner breached a duty of reasonable care to the firefighter. no, because the firefighter was acting unreasonably by entering a burning home. no, because the homeowner had no duty of care to the firefighter. yes, but only if causation can be established.
Yes, the homeowner may be liable for negligence if the firefighter sues.
Negligence is a legal concept that applies when an individual or entity breaches a duty of reasonable care and that breach causes damages.
The homeowner in this scenario has a duty of reasonable care to the firefighter because the homeowner has a responsibility to ensure their home is not a danger to others.
If the homeowner was negligent in maintaining the home and that negligence resulted in the firefighter being injured by smoke inhalation, then the homeowner may be liable for the damages.
To determine if the homeowner is liable, the court must consider if causation can be established. This means that the court must determine if the homeowner's negligence caused the firefighter's injuries. If it can be established that the homeowner's negligence was the cause, then the homeowner may be liable for damages.
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a bank meets a deposit withdrawal with one of the following alternatives. which one of the following is an example of using stored liquidity to meet a deposit withdrawal? multiple choice selling the bank's holdings of t-bills contacting an investment banker to find new corporate deposits increasing eurodollar deposits increasing fed funds borrowed
Selling the banks' holdings of T-bills is an example of using stored liquidity to meet a deposit withdrawal.
A company's liquidity is its capacity to convert assets into cash or to get cash through a loan or funds in the bank to settle its short-term liabilities or obligations. Liquidity, in its simplest form, is the ability to swiftly transform something into currency while maintaining its worth.
An asset's liquidity refers to its capacity to be swiftly sold or swapped without influencing its price. Liquidity, then, is a measure of how quickly an asset may be turned into cash. Treasury bills are liabilities for repayment of debt that are issued by the US Department of Treasury. All of the debt that the federal government has issued has a maturity date, but T-bills have the earliest.
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since corporations are separate legal entities from their shareholders, which of the following is true? under no circumstances can the protection of limited liability be removed from shareholders. shareholders are usually not financially accountable for the actions of the corporation, but neither do they own the assets of the corporation. shareholders do not need to pay taxes on dividend earnings since corporations are taxed independently. a corporation can only exist for as long as its original owners are present.
Shareholders are usually not financially accountable for the actions of the corporation, but neither do they own the assets of the corporation. This statement is true. Therefore, the second option is the correct answer.
A "legal person" is a person who is recognised by law as a distinct legal entity. Separate from persons who manage, own, or control the entity, the entity has its own legal rights and duties. A firm, limited liability partnership, or any other entity recognised by the law as having its own distinct legal existence could qualify as that person.
A distinct legal entity should be handled differently from a business's owners. This indicates that in accounting, it shouldn't be regarded as an individual. An asset may be treated as the personal property of an individual owner, who will then handle the assets as his own.
However, a corporation will be handled differently from its owners in terms of the law. Its payroll, transactions, and bank account are all independent. This implies that the business should file its taxes independently of the owner.
In the given question, the assets of the corporation are not owned by the shareholders. They are fully exempt from financial responsibility for the corporation's actions because they simply own the stock. Therefore, the second option is the required answer.
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a firm finances its activities with both debt (that costs 8%) and equity (that costs 14%). the firm can borrow additional funds at 8% if it so desires. a financial analyst at this firm argues that the firm should undertake any investment that earns a return of at least 8% because such investments will enable the firm to pay debtholders what they require, and any earnings above 8% will go to stockholders. if a firm decides to make investments based on this logic it will .
It is to be noted that if a firm decides to make investments based on this logic as argued by the financial analyst, it will decline to make investments that it should undertake.
What is an Investment?An investment is an asset or object purchased with the intention of earning revenue or increasing in value.
An increase in the worth of an asset over time is referred to as appreciation. When a person buys a thing as an investment, the intention is not to consume the commodity but rather to utilize it to build wealth in the future.
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If new firms enter a monopolistically competitive market structure in the long run, a. the demand curves faced by the existing firms become more elastic b. the demand curves faced by the existing firms become perfectly inelastic c. the demand curves faced by the existing firms shift to the right d. the supply curves of the existing firms become relatively more elastic
Option A. Demand for the products of the existing firm grows more elastic as new competitors enter the market, and the demand curve moves to the left, lowering prices.
The market demand curve for the firm shifts to the left as a result of the arrival of new firms since there is an increase in the supply of differentiated items.
The firm's demand curve will continue to shift to the left as entrance into the market rises until it is just tangent to the average total cost curve at the level of output where profits are maximized.
As a result of the firm's current economic losses, there is no longer any incentive for new businesses to enter the market. In the long run, each firm in a market that is monopolistically competitive will make normal profits, just as a firm in a market that is perfectly competitive, thanks to the competition that new firms' entry will provide.
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The ability to create money ___________ as banks lend out __________ money. (multiple answers)
A. Increase, more
B. Increase, less
C. Decrease, more
D. Decrease, lessA. Increase, more
D. Decrease, less
The ability to create money increase/decrease as the banks lend out more/less money.
What is money?In certain nation or socioeconomic setting, money is any tangible object or verifiable record that is commonly accepted as payment for the products and services as well as repayment of debts, such as taxes. Since almost all modern monetary systems are based on unbacked fiat money with no inherent value as a good or service, money was historically an emerging market phenomenon with intrinsic worth as a commodity. According to the definition being employed, the money supply of a nation includes all forms of legal tender as well as one or more types of bank money. The vast majority of broad money in developed nations is made up of bank money, which has value that is recorded on the books of financial organizations and may be converted into physical notes or used for the cashless transactions.
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which of the following statements is correct? in contrast to competitive goods markets, in the labour market, sellers have market power. the market clears in both competitive goods and labour markets. the market equilibrium is efficient (no deadweight loss) in both the competitive goods market and the labour market. unlike in the competitive goods market, the exercise of power affects outcomes in the labour market.
The use of power has an impact on results in the labor market, in contrast to the competitive products market. Consumer rivalry is fueled by a competitive market.
In a competitive market, many producers are in direct competition with one another in order to offer the goods and services that customers like you and me want and need. In other words, no single producer has the power to control the market. Similarly to producers, no single consumer has the power to control the market. In terms of product quantity and pricing, this idea is also valid. A single manufacturer or customer cannot determine the cost of an item or the number of units that will be produced. Agriculture is a prime illustration of a competitive market. There are thousands of farmers, but none of them has the power to affect the market or the price depending on the amount of produce they produce.
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Using a perpetual inventory system, the purchase of inventory on account increases the balance of which of the following accounts? Multiple Choice O Cost of Goods Sold O Inventory O Sales Revenue O Accounts Receivable
Both the property (inventory) and liabilities (accounts payable) accounts grow as a result. As a result, the contract's assets and obligations sides are identical.
What does the term "transaction" mean?
An executed contract between someone the buyer and the seller to goods traded, services, or investment securities in the form of cash is known as a transaction.
What is an example of a transaction?
Here are some examples of transactions: compensating a provider for services or goods received. purchasing a property that was previously owned by a seller by paying the owner with dollars and a note. paying a worker for the hours they put in.
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Which of the following best describes the nominal interest rate on a mortgage loan that a bank offers to a customer?
A
It is the real interest rate divided by the price level.
B
It is the real interest rate minus the expected inflation rate.
C
It is the interest rate charged by the bank.
D
It is the interest rate charged by the bank minus the expected inflation rate.
E
It is the interest rate charged by the bank minus the interest rate the bank pays to its depositors.
Out of the choices provided above, the nominal rate on a mortgage loan that a bank offers to a customer can be best described as the interest rate charged by the bank. Therefore, the option C holds true.
The nominal rate can be referred to or considered as an unadjusted interest rate that is charged by the bank to its customers, as per the prevailing market conditions. The nominal rate is never adjusted against the inflation rates, or the reverse repo rate. Usually, such rates are charged over mortgages, and other such forms of loan.
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Accounting systems are utilized by companies for several reasons, but they have little value when it comes to making economic decisions.True/False
False. Accounting systems are used by businesses for a variety of purposes, but they are not very useful for making economic decisions.
What does an accounting system serve?A company can keep track of all kinds of financial activities with the use of an accounting system, including purchases (expenses), sales (invoices and income), obligations (funding, accounts payable), etc.
Quiz: What function does an accounting system serve?a bookkeeping system. the techniques and steps a company use to gather, sort, condense, and report financial data for use by management and outside users.
What are the most important duties an accountant carries out for a company?producing and maintaining important financial reports. completing tax returns and ensuring accurate and on-time tax payment. In order to identify best practices, identify issues and provide solutions, and help firms operate efficiently, financial processes are evaluated.
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using the direct method, pone hill company allocates janitorial department costs based on square footage serviced. it allocates cafeteria department costs based on the number of employees served. it has the following information about its two service departments and two production departments, cutting and assembly
The cost allocated to the Assembly Department from the Cafeteria Department was $125,000, thus, option A is the correct answer.
Consider the expense incurred by the cafeteria and the allocation basis to be used for calculating the cost allotted to the assembly department from the cafeteria department under the direct approach.
Only the Cutting and Assembly Departments would get funding for the service departments' costs under the direct method.
The cafeteria department spent $500,000, which would be distributed according to how many employees were fed for 80 hours (60 for Cutting and 20 for Assembly). The computation looks like this.
-Cafeteria's cost allocated to Assembly = Cafeteria's costs × Number of employees served in Assembly / Total number of employees served in Cutting and Assembly
-Cafeteria's cost allocated to Assembly = $ 500,000 ×20 / 80 = $125,000
Hence, The cost allocated to the Assembly Department from Cafeteria Department was $125,000
In contrast to the reciprocal approach, which is the most accurate because it distributes funds to every department that benefits from the support departments' services, the direct method of cost allocation is the simplest because the calculation is straightforward and does not require algebraic equations.
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—------CORRECT QUESTION IS ATTACHED BELOW IN IMAGES —-----
In the simple deposit expansion model, when the required reserve ratio is equal to 10 percent, a contraction in checkable deposits of $5,000 implies that the Federal Reserve _____________
A) sold $100 in government bonds. B) sold $500 in government bonds. C) purchased $100 in government bonds. D) purchased $500 in government bonds.
The correct option is B. In the simple deposit expansion model, when the required reserve ratio is equal to 10 percent, a contraction in checkable deposits of $5,000 implies that the Federal Reserve sold $500 in government bonds.
The purchase of government bonds by the Fed leads to a rise of reserve with the bank and marketing of bonds leads to a rise within the reserve with the bank. And money reserve decreases by two hundredth of $500 if there's a decline within the checkable deposit of $500.
The open market operations square measure the one within which the financial institution of the country buys or sell government securities to the banks or general public. The open market operations with the bank square measure created to have an effect on the reserve maintained by the bank, this method indirectly affects the disposal capability of the bank.
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blossom, incorporated, is a small company that manufactures three versions of patio tables. unit information for its products follows:
The order in which Blossom Inc. should rank the items using contribution per work hour is based on the production expenses of the three varieties of patio tables:
Product A / Product B / Product C
What order should the items be placed in?
The project that contributed the most labor hours per product should be put first, and so should the project that contributed the least.
For all items, the contribution per labor hour is: see table attached below..
According to this table, Product B ought to be placed first, followed by Product A and then Product C.
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