complete the sentence
is the sacrifice involved in making on decision over another

Answers

Answer 1

An opportunity cost is the sacrifice involved in making on decision over another.

What is an Opportunity costs?

It is an important concept in economics that represent the potential benefits that an individual, investor, business etc misses out on when choosing one alternative over another. The term opportunity costs can be easily overlooked but when we understand the potential missed opportunities when a business or individual chooses one investment over another, then, its allows for better decision making.

That said, it is seen as the forgone benefit that would have been derived from an option not chosen. In other to evaluate it, the costs & benefits of every option available must be considered and weighed against the others.

Examples is the scenario of investing in a new manufacturing plant in Los Angeles as opposed to Mexico City while deciding not to upgrade company equipment or opting for the most expensive product packaging option over cheaper options.

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Related Questions

imagine that you are the president of a university, and the date is august of 2020. as the covid-19 outbreak reaches new heights of severity, the decision falls to you whether students should come back to campus at the start of the semester, whether students should come back at some point during the semester, or whether the students should stay remote for the entire semester. using what you have learned about the fundamental principles of microeconomics, describe in words the thought process you might go through as you determine which decision to make. try and incorporate all four principles

Answers

If I were a chancellor, then I would make a hybrid, half would come to campus and the other half would be made online learning, because if all of them were made offline, then the covid-19 outbreak would spread widely.

COVID-19 is a contagious infectious disease caused by the novel coronavirus or a new type of corona virus. COVID-19 stands for Corona (CO), Virus (VI), Disease (D, disease) which was discovered in 2019. This virus infects the lungs. The severity of the COVID-19 disease varies. Most corona positive people experience moderate symptoms (fever, fatigue, body aches, dry cough, stuffy nose, to diarrhea) and mild symptoms.

Meanwhile, 1 in 6 corona positive people experience severe symptoms such as difficulty breathing. The elderly and people with co-morbidities such as high blood pressure, heart problems, and diabetes have a greater potential for harm when exposed to the corona virus. Corona virus is a large family of viruses that cause various diseases, from moderate ones such as fever to more serious ones such as MERS and SARS. Meanwhile, the corona virus that is now endemic has the official name SARS-CoV-2 or Severe Acute Respiratory Syndrome Coronavirus 2. The virus was first identified in December 2019 in Wuhan City, China.

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when managers of oligopolies work together to limit the quantity of goods available in the market and create a shortage, they can unfairly destroy smaller competitors by

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When managers of oligopolies work together to limit the number of goods available in the market and create a shortage, they can unfairly destroy smaller competitors by Price fixing.

In an oligopoly, there are a small number of large firms and there is a significant entry barrier.

So, the firms in an oligopoly often enter into agreements with each other to control the market supply to achieve a target price for their produced goods. This is an anti-competitive practice.

Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors to elevate, lower, keep, or stabilize costs or fee ranges. normally, the antitrust legal guidelines require that each employer establish costs and different aggressive phrases on its own, without agreeing with a competitor.

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What are hackers on computers ?

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Answer:

Computer hackers are unauthorized users who break into computer systems in order to steal, change or destroy information, often by installing dangerous malware without your knowledge or consent.

Explanation:

while performing a job analysis, lilia, the human resource manager, wrote the following job description and job specification: "entry level accountant. responsible for general ledger accountability, (gaap), financial reporting and analysis, and other special projects as assigned. requires strong oral and written communication. this is a full-time, entry-level position. candidate must have a two-year degree or equivalent work experience; recent college grad with b.s. in accounting or finance." what is the job specification for this position?

Answers

The job specification for the job that we have here is:  requires strong oral communication

What is a job specification?

This is the term that has to do with all of the physical qualities that a person would need to have in order to have them qualified to do well in a given job.

The specification helps to tell all of the qualities that the person needs to have. In the question that we have here, the quality that the candidate is to have is the ability to be able to communicate well.

Others are based on experience and the qualification that the candidate possesses.

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Complete question

'While performing a job analysis, Lilia, the human resource manager, wrote the following job description and job specification: "Entry level accountant. Responsible for general ledger accountability, (GAAP), financial reporting and analysis, and other special projects as assigned. Requires strong oral and written communication. This is a full-time, entry-level position. Candidate must have a two-year degree or equivalent work experience; recent college grad with B.S. in accounting or finance." What is the job specification for this position?

Multiple Choice

requires strong oral and written communication.

two-year degree or equivalent work experience; recent college grad with B.S. in accounting or finance

entry-level accountant

full-time employee

for the model estimated in part (b), calculate the predicted price and residual for each automobile in the data. identify the two automobiles that were the biggest bargains. if required, round your answer to the nearest whole number. the best bargain is the camry

Answers

The estimated regression equation is used to generate the expected values, and the residuals are calculated as actual minus predicted. The value of α = 16.46976 and β = -0.05871 and [tex]$\hat{y}[/tex] = 16.46976-0.05871 x.

What is predicted and residual value?

The estimated regression equation is used to generate the expected values, and the residuals are calculated as actual minus predicted. Some processes have the ability to compute anticipated mean values, individual predicted values, and standard errors of residuals.

Let x be the miles and y be the price then our regression line will be of following kind.

y = α + βx + e

Where e be the error

α be the intercept and

β be the slope.

To calculate α and β, we use following formulas,

α = [(Σy)(Σx²) - Σ(x)(Σxy)] / [n(Σx²) - (Σx)²]

β = [n(Σxy) - (Σx)(Σy)] / [n(Σx²) - (Σx)²]

Now, from data we have

Σx = 1268, Σy = 238.4, Σxy = 15107.7, Σx² = 98274

Therefore, the value of α = 16.46976 and β = -0.05871 and [tex]$\hat{y}[/tex] = 16.46976-0.05871 x.

The complete question is:

The Toyota Camry is one of the best-selling cars in North America. The cost of a previously owned Camry depends on many factors, including the model year, mileage, and condition. To investigate the relationship between the car’s mileage and the sales price for Camrys, the following data show the mileage and sale price for 19 sales (PriceHub web site, February 24, 2012).Miles (1,000s) Price ($1,000s)

22 16.2

29 16.0

36 13.8

47 11.5

63 12.5

77 12.9

73 11.2

87 13.0

92 11.8

101 10.8

110 8.3

28 12.5

59 11.1

68 15.0

68 12.2

91 13.0

42 15.6

65 12.7

110 8.3

Solve the blanks: For the model estimated "Y=16.4697 + (-0.0587)x" , calculate the predicted price and residual for each automobile in the data. Identify the two automobiles that were the biggest bargains. If required, round your answer to the nearest whole number.

The best bargain is the Camry #.........in the data set, which has……..miles, and sells for $............less than its predicted price.

The second best bargain is the Camry #........in the data set, which has……..miles, and sells for $........less than its predicted price.

Suppose that you are considering purchasing a previously owned Camry that has been driven 80,000 miles. Use the estimated regression equation mentioned above to predict the price for this car. If required, round your answer to one decimal place. Do not round intermediate calculations.

Predicted price: $..........

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quigley, inc. purchased a machine 5 years ago for $1,300,000. the machine is being depreciated on a straight-line basis to a salvage value of $250,000 over its estimated useful life of 15 years. what is the annual depreciation expense on this machine?

Answers

Depreciation Method = (Cost of an Asset – Residual Value)

                                          /Useful life of an Asset.

From the above formula  annual depreciation expense on this machine is 52,500.

What is Deprecation ?

Depreciation is a term used in accounting to describe two different aspects of the same idea: first, the actual decline in fair value of an asset, such as the annual decline in value of factory equipment due to use and wear, and second, the allocation in accounting statements of the asset's initial cost to the periods in which it is used (depreciation with the matching principle).

Depreciation is the process of reallocating, or "writing down," the cost of a tangible item (such as equipment) over the course of that asset's useful life. It also refers to the decline in asset value. Long-term assets are depreciated by businesses for accounting and tax reasons. A company's or entity's balance sheet is impacted by the asset's decline in value, and the income statement they report is impacted by the process of depreciation from an accounting standpoint. The cost is often divided up as depreciation expense over the asset's anticipated use periods.

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Keiko is having trouble figuring out how to let brides-to-be know what her expertise can achieve for them when they purchase a wedding gown she designs. Which criterion for evaluating segment attractiveness is she unable to meet?.

Answers

Keiko can't seem to find a way to convey to future brides the value of her services when they invest in a wedding dress she's designed. As a result, she fails to fulfill the achievable condition for assessing the allure of individual segments.

This is further explained below.

What is evaluating segment attractiveness?

In general, you need to center your research on the possible profits that may be obtained from each unique market sector, both now and in the future. This applies to both the present and the future. This is true for both the present and the years have gone by.

Market growth (both the current size of the market and the rate at which it is anticipated to increase), market competition (including the number of competitors, entry barriers, and product alternatives), and market access are crucial considerations for this study.

In conclusion,  She is unable to satisfy the condition that may be attained in order to evaluate the attractiveness of the section.

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the process by which a manager shares performance information with a subordinate and develops a plan for the future development of that subordinate is known as

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The process by which manager shares performance information with a subordinate and develops a plan for future development is called Feedback.

In order for the receivers of the feedback to modify and enhance their effectiveness, conduct, or activities, feedback is defined as useful information, criticisms, or reviews about a preceding activity, achievement, or conduct of an individual, business, or organization. Feedback takes place when a person, an environment, or a system communicates its response to an action. For example, when customers leave a review, it is their reaction to a company's good or service.

Feedback is really very important in workplace, as when we talk about the performance of employees it makes them feel good and also motivates them to work more harder in future to get such appraisal again and will also help in correcting the mistakes in employees are doing it.

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you and your buddy want to start a new landscaping business. you equally invest in the equipment you need to get started. you will both be equally responsible for the work and will share the profits equally. after investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business.what do you think you might need to do to form a partnership?

Answers

If after investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business. what you think you might need to do to form a partnership is : A. You and your buddy just need to agree to be partners.

What is partnership?

Partnership  can be defined as they way in which two or more people or two parties enter into a business in which the both parties involve in the business agreed to the terms and condition of the partnership.

In a partnership both parties involve tend to share the profit and loss incurred in the business together.

Based on the scenario what  both of them might need to do to  so as to form  a partnership is that both them need to agreed to be partners.

Therefore the correct option is A.

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The complete question is:

You and your buddy want to start a new landscaping business. You equally invest in the equipment you need to get started. You will both be equally responsible for the work and will share the profits equally. After investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business.

What do you think you might need to do to form a partnership?

A. You and your buddy just need to agree to be partners.

B. You and your buddy must sign a written partnership agreement.

C. You and your buddy must register your landscaping business with the county clerk.

D. You and your buddy must file a certificate of organization with the government.

Your grandmother has promised to give you $10,000 when you graduate from college. She is expecting you to graduate three years from now. What happens to the present value of this gift if you speed up your graduation by one year and graduate two years from now?.

Answers

The present value of this gift if you speed up your graduation by one year and graduate two years from now Increases.

The value shall increase because the discounting periods for converting it to present value will decrease. This scenario will lead to a higher present value of the same sum.

The present value is based on the time value of money. Money received now is worth more than the money we are to receive in the future. This means that the money she will receive in two years would be worth more and will have a higher present value than money received in three years.

The formula of the present value is:

FV=PV * (1+r)∧t

FV= Future value of the investment,  

PV= present value,

R = stated interest rate,  

T= time in years

We still get the $10,000 at graduation, as the number of years will decrease, the present value shall increase.

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The complete question is:

Your grandmother has promised to give you $10,000 when you graduate from college. She is expecting you to graduate three years from now. What happens to the present value of this gift if you speed up your graduation by one year and graduate two years from now?

a) remains constant

b) increases

c) decreases

d) becomes negative

e) cannot be determined from the information provided

set during the marketing research process, are the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.

Answers

The goals of your research study are outlined in the research objectives. They aid in concentrating your study and provide a summary of the project's methodology and goal.

Set during the marketing research process, research objectives are the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research .

The conclusion of your problem description at the opening of your research paper, list your objectives. Your study goals should be SMART—specific, measurable, attainable, realistic, and time-bound are types of research objective. To support and enhance your business concept, market research combines consumer behavior and economic trends. It's critical to comprehend your customer base right away. Even when your company is simply an idea in your head, market research can help you lower your risks.

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The question was incomplete. Check below the complete question.

 

set during the marketing research process, are the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.

a. measures of success

b. research objectives

c. marketing research plans

d. decisions

e. definitions

When identifying the audience, what are the four things a presenter must know?
O Personality, number people, age, gender
O Age, number of people, education level and experience, occasion
O Age, number of people, education level and experience, gender
Ethnicity, age, number of people, occasion

Answers

When identifying the audience, the four things a presenter must know is Age, number of people, education level and experience, occasion.

Identification of the audience is necessary in order to tailor a speech to their interests, education degree , attitudes, and beliefs. A presenter's efficacy will increase if the presentation is designed and performed properly, hence it is crucial to adopt an audience-centered approach. It might be challenging to pinpoint the target audience through in-depth research, therefore effective audience adaptation frequently relies on the employment of healthy imagination.

It is typically a good idea to be aware of an audience's age, gender, education level, race, ethnicity, and religious affiliation before speaking to them. This data is formally collected using the questionnaire sampling method. On other occasion, the presenter is given access to this material that is already stored in a database.

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The debt to equity ratio indicates: review later the net worth of the company the proportion of the company financed by lenders versus owners a company's working capital funding gap the liquidity of the company

Answers

The debt to equity ratio is a measure that indicates the percentage of a company's financing that comes from investors and creditors. Thus, the correct option is (b) the proportion of the company financed by lenders versus owners.

The debt to equity ratio is a degree of the relative contribution of the owners and lenders in the capital employed in the business. The debt to equity ratio measures the extent of the relationship between the amount of debt and the amount of owners' equity used to finance the business.

A lower debt to equity ratio is an indicator of a lower amount of debt financed via lenders. A larger debt to equity ratio indicates that the company is at a greater financial risk because its operations are financed by a greater amount of debt via lenders than the funding by equity via owners.

While other options are not chosen because:

None of them is aligned with the context of debt to equity ratio.

"The complete question is:

The debt to equity ratio indicates:

a. review later the net worth of the company

b. the proportion of the company financed by lenders versus owners

c. a company's working capital funding gap

d. the liquidity of the company "

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a measure of the auditor's assessment of the risk that a material misstatement could occur in an assertion and not be prevented or detected and corrected by the client's internal controls. this risk is related to the effectiveness of a client's internal controls

Answers

A major misstatement could occur in an assertion and not be prevented, discovered, or rectified in a timely manner by the client's internal controls, according to the auditor's evaluation of the control risk.

What hazards do controls pose?

Control risk is the possibility that a company's financial statements will contain a major misstatement as a result of a relevant internal control being absent or an internal control being there but not functioning properly. Inherent risk and control risk are very different from one another.

What raises the risk of control?

The following elements raise a company's control risk:

insufficient separation of roles.transaction verification is lacking.approval of financial records without managerial review.What drives managers to manage risk?

By early risk identification, staff members can lessen the possibility and severity of prospective project risks. There will be a plan of action in place in case something does go wrong. Employees can do this to prepare for the unexpected and improve project results.

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electron corp. purchased proton corp. by buying all of its assets and ownership equity. this is an example of a(n) . new product development acquisition joint venture licensing contract divestment 10 points first question previous question question 14 of 15 next question last question

Answers

Electron Corp. purchased Proton Corp. by buying all of its assets and ownership equity. This is an example of acquisition .  

What is Acquisition ?

The ownership of corporations, other business organizations, or their operating units may be transferred to or consolidated with another firm or business organization through a commercial transaction known as a merger or acquisition (M&A). M&A, a component of strategic management, can enable businesses to expand or contract, change the character of their operations, or alter their competitive position.

Technically speaking, an acquisition happens when one entity buys the stock, equity interests, or assets of another corporation. A merger, on the other hand, is the legal fusion of two commercial entities into one. If both CEOs concur that working together is in the best interest of both of their companies, a deal may be euphemistically referred to as a merger of equals.

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suppose that brazil is capital abundant and chile is natural resource abundant. if timber is natural resource intensive and computers are capital intensive, then according to the heckscher-ohlin theorem, chile should export goods that

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Suppose that Brazil is capital-abundant and Chile is natural resource abundant. If timber is natural resource intensive and computers are capital intensive, Chile will produce more timber after trade begins with Brazil.

After centuries of use of the word, the metaphorical meaning continued. The term building materials has generally become a word meaning "material" or "cloth" ("it's the best-selling timber") and also refers to properties, quality of experience. , or intellect ("Manager Wood").

Timber comes straight from the garden and includes sticks, branches and lumber. All of these can be composted in an organic trash can with a green lid. Wood is processed wood. Unfortunately, it contains chemicals and adhesives that contaminate the compost.

The term lumberjack is largely historical. The logger is used by his 21st-century worker. When lumberjack is used, Timber refers to lumberjacks of an earlier era, before the advent of chainsaws, lumberjacks, and other modern logging equipment.

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Simone does not understand why she has been unsuccessful at finding a new job. She says, "i am the best at creating marketing campaigns and i’ve been extremely successful at getting and maintaining high profile clients. No one is better than me. " what is the best advice to give her?.

Answers

The best advice to give her, since she is the best at creating marketing campaigns and been extremely successful at getting and maintaining high profile clients then she should start the marketing campaigns organization.

What is marketing campaigns?

A marketing campaign can be described as the strategic sequence which encompass the process that is needed in the promotion of a company as well as a firm in the company.

Therefore, since she have the understanding and she is good at making promotion of businesses as well as promoting the brand as well as the product of the company having many clients that she is working for, then she should start a marketing campaigns for different firms because she will be successful at it.

In this case she can ,make use of  events, and digital media to do the business and with time, she will be well known at it and will become successful and make more profit from it.

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for the most recent year available, the mean annual cost to attend a private university in the united states was $50,900. assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,500.

Answers

Ninety five percent of all students at private universities pay less than $58280.

Given:

α = $50900

β = 4500

P(Z<z) = 0.95

P(z<1.64) = 0.95 (using standard normal table)

Z = 1.64

Using 'Z' score formula

X = α + Zβ

   = 50900 + (1.64) . (4500)

X = 58280

$58280

A standard normal table is a mathematical table representing the values of, which are the values of the cumulative distribution function of the normal distribution. It is also known as the unit normal table or the Z table. It is employed to determine the likelihood that a statistic will be seen below, above, or between values on the standard normal distribution, and consequently, any normal distribution. It is customary to convert a normal to a standard normal before using the standard normal table to calculate probabilities since there is no way to produce probability tables for every possible normal distribution due to the infinite diversity of normal distributions.

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the essential activity of the operations function is to . a. hire new employees b. add value through transformation processes c. assess demand for products and services d. secure financing for the firm e. advertise new products

Answers

Option (b) add value through transformation processes is correct.

The essential activity of the operations function is to add value through transformation processes.

What is mean by operations?The field of management known as operations management is tasked with planning, organizing, and directing the production process as well as revamping internal business processes for the creation of goods and services.Every small business owner is responsible for supervising the planning and management of the back-end operations, regardless of whether you manufacture items, sell products, or offer services.Strategic, tactical, and operational are the three layers of operations management.Uniary and binary operations are the two most used types. Like the negation and trigonometric functions, uniary operations only involve one value. Contrarily, binary operations, such as addition, subtraction, multiplication, division, and exponentiation, only accept two values.

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Continued evidence supports lifestyle management techniques to improve blood glucose control. Directly aligning with the dietary guidelines, individuals with diabetes are encouraged to?.

Answers

Diabetic patients have been advised to pay more attention to healthy lifestyle choices as part of a therapeutic regimen for managing the diseases.

Aligning with dietary guidelines helps to inform patient or help them decide what food choice if beneficial: this include cutting down on carbs, consuming more vegetables, staying hydrated and exercising regularly.

Another dietary advice often given to diabetic patients is the reduction in the consumption of alcohol or no consumption at all. Aligning with all of these guidelines could reduce the severity of this disease and help the patient live healthier. These practices can help keep the blood glucose level with safe range.

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what is a quality certification and why is it important

Answers

Answer:

It is important because they indicate that buyers and procurement professionals are dealing with a manufacturer that has reached the highest standards in the industry

sue and jim are hoping to expand their family, which means moving to a larger home. they’re closing on their new home soon, but haven’t yet sold their current one. which type of loan will help them afford both homes for a short period of time?

Answers

For a brief period of time, a bridge loan will enable them to afford both homes. When a buyer's current residence is already under contract, a bridge loan is most effective.

A bridge loan is a brief loan taken out before someone or something pays off an existing debt or finds permanent financing. By supplying immediate cash flow, it enables the borrower to pay off current debts. The interest rates on bridge loans are relatively high.

In order to buy a new home while they wait for their current one to sell, homeowners can use bridge loans.

In order to put a down payment on a new home while they wait for their old one to sell, borrowers use the equity in their existing home. An extension of time and, most of the time, some assurance during the waiting period are provided by a bridge loan to the homeowner.

Hence, Sue and Jim can use the bridge loan that will help them afford both their new and old homes for a short period of time.

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this message is to inform you that we received your letter of may 9 asking for information about our banquet facilities for your december 1 sales meeting is an effective opening sentence for a message responding to a request? a. true b. false

Answers

False, because wrong because the words are found to be less formal.

A sales report or sales report is a document that describes how many sales the company makes on a daily, weekly, or monthly basis. They can help track key performance indicators (KPIs), which measure a company's sales progress. This data enables all sales staff from representatives to executives to identify trends, make more informed decisions, and work towards achieving departmental goals.

The sales representative, sales manager, or department manager who compiles this sales report can use accounting software to organize this data and present it in a visually appealing way. They may include charts to show sales over time and other charts to differentiate separate statistics.

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if kiki buys a lot from joey that is landlocked​ (meaning the purchased lot has no direct access to a road​ ), if kiki can drive over​ joey's lot to reach the nearest​ road, this is known as an easement by​ .

Answers

If kiki can drive over​ joey's lot to reach the nearest​ road, this is known as an easement by necessity.

Easement

An easement is a nonpossessory right to use and/or enter another's real property without owning it. Real covenants and equitable servitudes are analogous to easements. The Restatement (Third) of Property in the United States attempts to integrate these notions as servitudes. Easements are useful for granting access across two or more pieces of property, allowing persons to access other properties or resources, such as fishing in a privately owned pond or having access to a public beach.

The most common example of an easement by necessity is granting a landowner right-of-way over an adjoining tract of land in order to access a public road.

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the dividend for should i, inc., is currently $1.60 per share. it is expected to grow at 12 percent next year and then decline linearly to a 3 percent perpetual rate in four years. if you require a 14 percent return on the stock, what is the most you would pay per share?

Answers

The value of a share is equal to the present value of all future dividends Since the growth rate will literally fall to 3%, it will be 9%,6%, and 3% in years 2,3 and 4 Value =$17.56 Hence, most to be paid =$17.56.

In finance, a dividend future is an associate degree exchange-traded by-product contract that enables capitalists to require positions on future dividend payments. Dividend futures is on one company, a basket of companies, or on an Equity index. They choose the quantity of dividend paid by the company, the basket of companies, or the index throughout the amount of the contract.

For example, if company A pays a quarterly dividend of $0.25 in 2012. If an investor buys a 2012 dividend future, the settlement price of the longer term will be adequate four x $0.25 = $1 per contract. The profit or loss the investor builds depends on the distinction between the value they bought or sold for the longer term and also the settlement price. For instance, if the capitalist bought the 2012 dividend future at $0.90, he would make a profit of $0.10 per contract. Most dividend futures trades occur before the dividend is known, thus permitting investors to travel "long" or "short" the future dividend payment.

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the brown manufacturing company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (dlh). at the beginning of 2014, beal adopted the following standards for its manufacturing costs:

Answers

Here the direct materials price variance is $8,060 favorable, the direct materials efficiency variance is $2,800 favorable, the direct labor rate variance is $7,850 unfavorable, and the production volume variance is $59,400 unfavorable.

The brown manufacturing company's costing system

Particulars    Per unit    Price      Cost per unit       Cost for 7600 units

Direct material   5              $4.00     $20.00                $152,000.00

Direct labor        4             $16.00    $64.00                $486,400.00

Manufacturing    ---             -----         ------               $0.00

Variable              4              $8.00     $32.00                $243,200.00

Fixed                   4             $9.00     $36.00                $273,600.00

Total                    ---             -----        $152.00               $1,155,200.00

Formula for direct materials price variance = Direct materials quantity purchased × (Standard price - Actual price)

= 40,300($4 - $3.80)

= 40,300 × $0.20

= $8,060 (F)

Formula for Direct materials efficiency variance = Standard price × (Standard quantity for actual production - Actual quantity used for production)

= $4 × (7,600 × 5lbs - 37,300lbs)

= $4 × 700

= $2,800 (F).

Direct manufacturing labor price variance = Actual hours × (Standard price per hour - Actual rate per hour)

= 31,400(-$16 - $16.25)

= 31,400 × -$0.25

= $7,850(U).

Formula for direct labor efficiency variance = Standard rate per hour × (Standard hour for actual production - actual hours)

= $16 × (30,400-31,400)

= $16,000(U)

Formula for manufacturing overhead spending variance = Actual quantity(Standard price per hour - Actual price per hour)

= 7600 × $17 × 4 - $650,000

= $516,800 - $650,000

= $133200(U).

Actual manufacturing overhead for the month = $650,000.

fixed manufacturing overhead =37,000 × 9 = $333,000.

Actual variable manufacturing overhead = $650,000 - $333,000 = $317,000.

Formula for variable manufacturing overhead efficiency variance:

Actual hours × (Standard price - Actual price)

= 31,400 × $8 - $317,000

= $251,200 - $317,000

= 65,800(U).

Answer for production volume variance:

Standard hours for the month = 37,000 hours.

Standard production for the month = 37,000/4

= 9250 units.

Production volume variance is Standard rate per unit ×(Actual units produced-Standard production in units)

= $152 × (7,600 - 9250)

= $152 × 1650

= $250,800(U)

= 31,400 ×($8)

Complete Question:

The Brown Manufacturing Company's Costing System Has Two Direct-Cost Categories: Direct Materials And Direct Manufacturing Labor. Manufacturing Overhead (Both Variable And Fixed) Is Allocated To Products On The Basis Of Standard Direct Manufacturing Labor-Hours (DLH). At The Beginning Of 2014, Beal Adopted The Following Standards For Its Manufacturing

The Brown Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor.

Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DLH). At the beginning of 2014, Beal adopted the following standards for its manufacturing costs:

Input

Direct materials 5 lb. at $4 per lb. 20.00

Direct manufacturing labor 4 hrs. at $16 per hr. 64.00

Manufacturing overhead:

Variable $8 per DLH 32.00

Fixed $9 per DLH 36.00

Standard manufacturing cost per output unit 152.00

The denominator level for total manufacturing overhead per month in 2014 is 37,000 direct manufacturing labor-hours. Beals flexible budget for January 2014 was based on this denominator level. The records for January indicated the following:

Direct materials purchased 40,300 lb. at $3.80 per lb.

Direct materials used 37,300 lb.

Direct manufacturing labor 31,400 hrs. at $16.25 per hr.

Total actual manufacturing overhead (variable and fixed) $650,000

Actual production 7,600 output units

1. Prepare a schedule of total standard manufacturing costs for the 7,600 output units in January 2014.

2. For the month of January 2014, compute the following variances, indicating whether each is favorable

(F) or unfavorable (U):

a. Direct materials price variance, based on purchases

b. Direct materials efficiency variance

c. Direct manufacturing labor price variance

d. Direct manufacturing labor efficiency variance

e. Total manufacturing overhead spending variance

f. Variable manufacturing overhead efficiency variance

g. Production-volume variance

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when using an outside expert to develop and present a training course, a document that outlines the specifics of the training and the process by which the organization will determine its level of satisfaction should be prepared. what is this document called? multiple choice question. a training portfolio a certificate of intent a request for proposal a training mandate

Answers

Prospectus is the document that outlines the specifics of the training and the process by which the organization will determine its level of satisfaction prepared by outside experts.

This document is prepared by each and every organisation so that the data is collected at one place and can be provided a certificate of proposal for all the information present in the portfolio for the investors or the specific training process for the employees.

The training portfolio certificate is issued for the same so that it is a legal document in lieu of prospectus that provide and outlines the present situation of organisation.

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At the beginning of the year, the price of anheuser-busch was $19.67, paid a dividend of $0.28 per share, and had an ending share price of $36.40. what is the dividend yield?

Answers

The dividend yield is the dividend divided by the price at the beginning of the period, so:

Dividend yield = $0.28 / 19.67 = .0142 or 1.42%

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michael is trying to determine where to open two new store locations. he has population data to determine the amount of revenue he will receive for each location. he is charged a $1000 fee for operating in the evening at the downtown location. he is given a credit of $1153 for operating during the evening at the midtown location. based on this information, which locations should he choose?

Answers

Based on this information, Michael should choose Perimeter and Downtown to open two new store locations.

                                 Perimeter         Downtown         Midtown       Suburbs

Morning                       1500                 1050                   400               602

Evening                        1800                 1900                   1400             1350

Revenue per                

Customer in ($)            6.25                  6.55                    8                    9

Total Revenue           $20,625          $19,322.5           $14,400         $17,568

Charge fee (Debit)       -                        $1000                  -                       -

Credit                            -                         -                         $1153                -    

Net Worth                 $20,625            $18,322.5         $15,553          $17,568

Considering the provided details

        Perimeter and Downtown have a greater net worth.

        Therefore, he ought to pick Perimeter and Downtown for his two

        new store sites.

Total Revenue = (Morning + Evening ) × Revenue per consumer

As Operation Charge for downtown = Total Revenue - Operation fee

Credit for operation in midtown = Total revenue + Credit

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4. what relationship exists between changing interest rates and the rates of return for various savings accounts, money market accounts, and certificates of deposit of various lengths?

Answers

Changes in interest rates are directly related to changes in the nominal rates of return available on savings accounts, money market accounts, and certificates of deposit.

Longer-dated securities often provide better rates of return than shorter-dated securities. Very short-term debt investments are traded on the money market. Large-volume trades between institutions and traders are involved at the wholesale level. At the retail level, it covers money market accounts created by bank clients as well as money market mutual funds purchased by individual investors. In the money market, a lot of relatively short-term debt items, like overnight reserves or commercial paper, are bought and sold.

Investments in the money market can be made by buying Treasury bonds, money market mutual funds, or by opening a money market account with a bank. Safety and liquidity are the defining characteristics of money market investments, with money market fund shares priced at $1.

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The question was incomplete. Check below the full question.

How has online banking changed the way consumers select and use various financial services? (LO4.1)

What relationship exists between changing interest rates and the rates of return for various savings accounts, money market accounts, and certificates of deposit of various lengths? (LO4.1)

What fees and deductions may be overlooked when balancing your checking account? (LO4.4)

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