Hunt Advertising is collaborating on an initiative with the Odessa Arts Council, a nonprofit organization, by providing public-relations training to working professionals throughout West Texas. Twenty percent of the fee that the participants would pay is given to the nonprofit organization. The nonprofit organization in turn reaches a wider range of audience across West Texas for its training program. This scenario illustrates _______.

Answers

Answer 1

Incomplete question. The options:

a.  green marketing

b.  effect-related marketing

c.  cause-related marketing

d. relationship marketing

Answer:

c.  cause-related marketing

Explanation:

Note, a marketing effort that is centered primarily on making an impact or a said cause; usually, it involves a mutually benefiting agreement, in which a corporation would collaborate with a non-profit such that

the corporation benefits (maybe in terms of sales), andthe non-profit benefits in terms of fulfilling a cause.

The idea is that consumers would be drawn if they see that when they pay for a particular service or product, they will be contributing to a good cause.


Related Questions

How would an economy with low unemployment be affected by an increase in individual households incomes?

Answers

Answer:

Because not many members of a household may bring in enough money to sustain them all.

Explanation:

dams Industries holds 54,000 shares of FedEx common stock, which is not a large enough ownership interest to allow Adams to exercise significant influence over FedEx. On December 31, 2021, and December 31, 2022, the market value of the stock is $99 and $110 per share, respectively. What is the appropriate reporting category for this investment and at what amount will it be reported in the 2022 balance sheet

Answers

Answer :

Category - Investments in other companies (Non - Current Assets)

Amount - $5,940,000

Explanation:

This Investment represents an Asset (Financial Asset to be specific). Assets are economic resources that are controlled by the entity as a result of past events, which result in the flow of future economic benefit.

Measurement is at the Fair Value Amount that is 54,000 shares x $110 per share = $5,940,000

In its 2017 annual report, Campbell Soup Company reports beginning-of-the-year total assets of $7,837 million, end-of-the-year total assets of $7,726 million, total sales of $7,890 million, and net income of $887 million.
Compute Campbell's asset turnover. (Round answer to 4 decimal places, e.g. 4.8726.)

Answers

Answer:

1.0139 times

Explanation:

Given the above information, Campbell's asset turnover is computed as

= Net sales/Average total assets

Net sales = $7,890 million

Average total assets = ($7,837 million + $7,726 million ) / 2 = $7,781.5 million

Assets turnover = $7,890 million / $7,781.5 million

Assets turnover = 1.0139 times

Pension data for Goldman Company included the following for the current calendar year: Service cost $ 140,000 PBO, January 1 650,000 Plan assets, January 1 700,000 Amortization of prior service cost 5,000 Amortization of net loss 1,000 Discount rate, 6% Expected return on plan assets, 8% Actual return on plan assets, 10% Required: Determine pension expense for the year. (Amounts to be deducted should be indicated with a minus sign.)

Answers

Answer:

$129,000

Explanation:

Calculation for pension expense

Service Cost $140,000

Add: Interest Cost $39,000

($650,000 × 6%)

Add: Amortization of prior service cost $5,000

Add: Amortization of net loss $1,000

Less Expected return on plan assets $56,000 ($700,000 × 8%)

Pension Expense $129,000

Therefore Pension Expense is $129,000

1. On January 1, Peter incorporates Peter Stores, Inc., a DVD store. He contributes $25,000 cash. Peter is the sole owner.
2. On January 1, the corporation borrows $12,500 from a bank.
3. On January 1, the business buys inventory (merchandize for sale) in the amount of $5,000 paying cash.
4. On January 1, the business purchases a three-year insurance policy for $1,224 paying cash.

The company also records the following transactions in January:

5. The company buys inventory for $5,000, agreeing to pay within 60 days.
6. The company purchases land for $24,000 by paying cash $6,000 and taking a 10-year mortgage for $18,000 (assume zero interest rate).
7. The company sells half of this land for $12,000. It receives $3,000 cash and the buyer assumes $9,000 of the mortgage; that is, the company is no responsible for this half.
8. Peter receives an acquisition offer of $53,000 for the business; he rejects the offer, because it is evident that the market value of the store’s assets is $56,000.

Required:
Prepare Peter Stores. Inc.'s income statement for January and balance sheet as of January 31.

Answers

Answer:

Income statement

Revenue                   $0

Expenses:

Insurance expense ($34)

Net income             ($34)

Balance sheet

Assets

Cash $28,276

Inventory $10,000

Prepaid insurance $1,190

Land $12,000

Total assets                                               $51,466

Liabilities

Accounts payable $5,000

Notes payable $21,500

Total liabilities                        $26,500

Equity

Capital $25,000

Retained earnings ($34)        $24,966

Total equity

Liabilities + equity                                       $51,466

Explanation:

1. On January 1, Peter incorporates Peter Stores, Inc., a DVD store. He contributes $25,000 cash. Peter is the sole owner.

Dr Cash 25,000

    Cr Capital 25,000

2. On January 1, the corporation borrows $12,500 from a bank.

Dr Cash 12,500

    Cr Notes payable 12,500

3. On January 1, the business buys inventory (merchandize for sale) in the amount of $5,000 paying cash.

Dr Inventory 5,000

    Cr Cash 5,000

4. On January 1, the business purchases a three-year insurance policy for $1,224 paying cash.

Dr Prepaid insurance 1,224

    Cr Cash 1,224    

5. The company buys inventory for $5,000, agreeing to pay within 60 days.

Dr Inventory 5,000

    Cr Account payable 5,000

6. The company purchases land for $24,000 by paying cash $6,000 and taking a 10-year mortgage for $18,000 (assume zero interest rate).

Dr Land 24,000

    Cr Cash 6,000

   Cr Notes payable 18,000

7. The company sells half of this land for $12,000. It receives $3,000 cash and the buyer assumes $9,000 of the mortgage; that is, the company is no responsible for this half.

Dr Cash 3,000

Dr Notes payable 9,000

    Cr Land 12,000

8. Peter receives an acquisition offer of $53,000 for the business; he rejects the offer, because it is evident that the market value of the store's assets is $56,000.

no journal entry

Income statementRevenue                   $0

Expenses:

Insurance expense ($34)Net income             ($34)

Balance sheet

Assets

Cash $28,276Inventory $10,000Prepaid insurance $1,190Land $12,000Total assets                                               $51,466

Liabilities

Accounts payable $5,000Notes payable $21,500Total liabilities                       $26,500

Equity

Capital $25,000Retained earnings ($34)        $24,966Total equityLiabilities + equity                                       $51,466

Explanation:1. Dr. Cash 25,000

           Cr. Capital 25,000

2. Dr. Cash 12,500

           Cr. Notes payable 12,500

3. Dr. Inventory 5,000

           Cr. Cash 5,000

4. Dr. Prepaid insurance 1,224

             Cr. Cash 1,224    

5. Dr. Inventory 5,000

            Cr. Account payable 5,000

6. Dr. Land 24,000

            Cr. Cash 6,000

             Cr. Notes payable 18,000

7. Dr. Cash 3,000

           Dr. Notes payable 9,000

           Cr. Land 12,000

8. No journal entry.

Learn more about:

https://brainly.com/question/14936828

East Corp. manufactures stereo systems that carry a two-year warranty against defects. Based on past experience, warranty costs are estimated at 4% of sales for the warranty period. During 2005, stereo system sales totaled $3,000,000, and warranty costs of $67,500 were incurred. In its income statement for the year ended December 31, 2005, East should report warranty expense of:

Answers

Answer:

$52,500

Explanation:

The cost associated with repair or replacement of a product incase it foes not function after its purchase is termed warranty. It is debited to the warranty expense account and credited to warranty to the warranty liability account

Total sales for the year $3,000,000

Warranty estimated basis 4%

Estimated warranty = $3,000,000 × 4% = $120,000

Warranty cost incurred $67,500

Balance to be recorded for the year

= $120,000 - $67,500

= $52,500

Kevin's boat was wrecked by hurricane Harvey (a federally declared natural disaster). Damage to the boat was estimated at $30,000. The original cost was $25,000. The boat was partially insured, and Kevin received an insurance reimbursement of $15,000. Kevin's adjusted gross income is $50,000, and he had no other losses during the year. What amount can Keith deduct on his tax return for this year

Answers

Answer:

A) $4,900

Explanation:

Options are: "A) $4,900 B) $5,000 C) $9,900 D) $14,900"

Particulars                                       Amount

Original cost                                    $25,000

Damage                                           $30,000

Lower of the two is                        $25,000

Less: Insurance reimbursement    $15,000

Actual loss                                       $10,000

Less: Deduction                               $100

Less: 10% of AGI (10% of 50,000)   $5,000

Final Deduction                               $4,900

Note: Flat $100 is deducted from this amount and also 10% of AGI, i.e 10% of $50,000 is deducted to finally arrive at the deduction.

What is one common consequence across all debt types for delinquent payment

Answers

Answer: See explanation

Explanation:

You didn't give the options but I'll try help out.

A loan is said to be "delinquent" when the a borrower does not pay back the loan that was borrowed as at when due.

It should be noted that when a loan is delinquent, it has a negative effect on the credit score of the person and therefore might make it difficult for the person to be able to borrow in the future.

At the beginning of the year (January 1), Maurice and Sons has $16,300 of common stock outstanding and retained earnings of $2,200. During the year, the company reports net income of $3,410 and pays dividends of $1,550. In addition, the company issues additional common stock for $5,800.
Required: Prepare the statement of stockholders' equity at the end of the year (December 31).

Answers

Answer:

See below

Explanation:

Maurice and Sons

Statement of stockholder's equity at the end of the year (December 31)

Particulars Common stock

Retained earnings Total

Beginning

Balance $16,300

$2,200. $18,500

Net income

$3,410. $3,410

Dividend paid

-$1,550. -$1,550

Additional common

Stock $5,800. $5,800

Total

$4,060. $22,100. $26,160

Rubbermaid allows employees to spend a percentage of their working time on special projects. Imagine that, as a manager for Rubbermaid, you have the difficult job of choosing employees for your project team. You have limited positions, and because your team is among the most celebrated at the company, you have more volunteers than roles available. What is the best way to control the conflict

Answers

Answer:

Hire an external consultant to pick new team members for you

Explanation:

On the given scenario there are limited project spaces and plenty of volunteers for those positions.

An equitable and impartial method of choosing team members needs to be used to avoid conflict.

The best solution is to hire an external consultant who can be seen as impartial to do the selection.

This way employees will accept the objectivity of the selection since the external consultant does not have any underlying.interest in who occupies the project positions

If a perfectly competitive firm achieves productive efficiency then Group of answer choices the price of the good it sells is equal to the benefit consumers receive from consuming the last unit of the good sold. it will raise its price in order to earn an economic profit. it is producing at minimum efficient scale. it is producing the good it sells at the lowest possible cost.

Answers

Answer:

it is producing at minimum efficient scale

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

Due to the ease of entry and exit in  a perfectly competitive market, in the long run, price is equal to the minimum point of the long run average cost curve.

Suppose you consider buying a bond promising to pay you $25 one year from now and then the same amount every year through the fifth year (that is, you should receive a total of five coupon payments). At the time you receive your fifth payment, you will also receive the bond's face value of $5,000. Suppose the interest rate for a riskless bond is 7%. The most you would be willing to pay for this bond is $ . Give your answer to two decimals.

Answers

Answer:

$3,667.44

Explanation:

The amount you would be willing to pay today can be determined by finding the present value of the cash flows

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow each year from year 1 to 4 = $25

Cash flow in year 5 = $25 + $5000

I = 7%

Present value = $3,667.44

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

Rearrange the following contributors to the growth of productivity in descending order of their quantitative importance:______.
economies of scale, quantity of capital per worker, improved resource allocation, education and training, and technological advance.

Answers

Answer:

✓Technological advance

✓quantity of capital

✓education and training

✓economies of scale, and improved ✓resource allocation

Explanation:

growth of productivity can be regarded as when the value of outputs that is been produced increased as regards to the level of input after some particular period of time

. Gross Domestic Product (GDP) can be defined as: I. The sum of all incomes while adjusting for indirect business taxes and foreign incomes. II. The market value of goods and services sold in an economy in some time period. III. The total market value of final goods and services produced in an economy in some time period.

Answers

Answer:

The total market value of final goods and services produced in an economy in some time period.

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

Jumble will issue new common stock to finance an expansion. The existing common stock just paid a $1.50 dividend, and dividends are expected to grow at a constant rate 8% indefinitely. The stock sells for $45, and flotation expenses of $2.25 will be incurred on new shares. What is the cost of new common stock be for Jumble Corp.

Answers

Answer:

11.79%

Explanation:

The computation of the cost of the new common stock is given below:

As we know that

The Cost of New common Stock is

= [Expected Dividend ÷ (Price - Floatation cost)] + growth rate

where,

Expected Dividend is

= Current Divided × (1 +Growth rate)

= $1.5 × (1 +0.08)

= $1.62

Now cost of new common stock is  

= [$1.62 ÷  ($45 - $2.25)] + 0.08

= ($1.62 ÷ $42.75) + 0.08

= 0.1179

= 11.79%

Many investment advisors argue that after stocks have declined in value for 2 consecutive years, people should invest heavily because the market rarely declines 3 years in a row. a) Since the stock market began in 1872, there have been two consecutive losing years eight times. In six of those cases, the market rose during the following year. Does this confirm the advice

Answers

Answer: Yes it does

Explanation:

The investment advisors say that the market rarely declines three years in a row.

Since 1872, it has declined two years in a row 8 times and three years in a row, only twice.

This means out of 8 times, it declined twice. Percentage of times it declined was:

= 2 / 8 * 100%

= 25%

25% while not rare, is a good enough percentage to trust the advice of the investment advisors.

Scientists are still a long way from fully understanding the psychological effects of video games.

Answers

interesting is there a question?

Which of the following statements is correct concerning product​ costs? A. Product costs are shown with current liabilities on the balance sheet. B. Product costs are expensed in the period incurred. C. Product costs are shown with operating expenses on the income statement. D. Product costs are expensed in the period the related product is sold

Answers

Answer: D. Product costs are expensed in the period the related product is sold

Explanation:

The statement that is true with regards to product cost is that product costs are expensed in the period the related product is sold.

It should be noted that the account for the cost of goods sold consist of product cost. In a situation whereby goods are not sold, the goods will be carried to the next period.

As CEO of ​, knows it is important to control costs and to respond quickly to changes in the highly competitive​ boat-building industry. When Consulting proposes that invest in an ERP​ system, she forms a team to evaluate the​ proposal: the plant​ engineer, the plant​ foreman, the systems​ specialist, the human resources​ director, the marketing​ director, and the management accountant. A month​ later, management accountant reports that the team and estimate that if implements the ERP​ system, it will incur the following​ costs:

a. $435,000 in software costs
b. $95,000 to customize the ERP software and load Aqua Marine's data into the new ERP system
c. $105,000 for employee training

The team estimates that the ERP system should provide several benefits:
a. More efficient order processing should lead to savings of $105,000.
b. Streamlining the manufacturing process so that it maps into the ERP system will create savings of $125,000.
c. Integrating purchasing, production, marketing, and distribution into a single system will allow Aqua Marine to reduce inventories, saving $225,000.
d. Higher customer satisfaction should increase sales, which, in turn, should increase profits by $155,000.

Requirements
a. If the ERP installation succeeds, what is the dollar amount of the benefits?
b. Should Aqua Marine install the ERP system? Why or why not? Show your calculations.
c. Why did Easton create a team to evaluate Rose's proposal? Consider each piece of cost-benefit information that management accountant Cole reported. Which person on the team is most likely to have contributed each item? (Hint: Which team member is likely to have the most information about each cost or benefit?)

Answers

Answer:

a.) Total benefit if the ERP installation succeeds = $610,000

b.) They should not install the ERP system.

c.) For Estimating software costs  - Systems specialist

For Estimating cost of loading data into the new ERP system  - Management          accountant  , Systems specialist

For Customize the ERP software  - Management accountant  , Systems specialist

For Estimating customization costs  - All team members

For Estimating  training costs - Human resource director

For Savings from more efficient order processing  - Systems specialist  , Management accountant

For Savings from streamlining the manufacturing process  - Plant engineer  , Plant foreman

For Evaluating the effects of integrating purchasing, production, marketing, and distribution into a single system  - Plant foreman

For Estimating increase in sales from higher customer satisfaction  - Marketing director

For Estimating benefits and costs  - All team members

For Evaluating the effects of integrating purchasing, production, marketing, and distribution into a single system  - Plant foreman

For Estimating increase in sales from higher customer satisfaction  - Marketing director

For Estimate benefits and costs  - All team members

Explanation:

a.)

If the ERP installation succeeds , the dollar amount of the benefit is as follows :

From more efficient order processing savings = $105,000

From streamlining the manufacturing process savings = $125,000

From reduce inventories savings = $225,000

From increased sales profit = $155,000

⇒Total benefit = $ 105,000 + 125,000 + 225,000 + 155,000

                          = $610,000

⇒Total benefit if the ERP installation succeeds = $610,000

b.)

Firstly check the Costs for installation of ERP:

Software cost =  $435,000

Customizing ERP and loading data cost = $95,000

Employee training cost = $105,000

⇒Total cost = $ 435,000 + 95,000 + 105,000

                     = $635,000

⇒Total cost  = $635,000

Now,

As we have

Total Benefit in installation of ERP = $610,000

Total cost in installation of ERP = $635,000

⇒Net benefit = $610,000 - $635,000  = -$ (25,000)

∴ we get

If Aqua Marine install the ERP system , them they face loss.

So, They should not install the ERP system.

c.)

For Estimating software costs  - Systems specialist

For Estimating cost of loading data into the new ERP system  - Management          accountant  , Systems specialist

For Customize the ERP software  - Management accountant  , Systems specialist

For Estimating customization costs  - All team members

For Estimating  training costs - Human resource director

For Savings from more efficient order processing  - Systems specialist  , Management accountant

For Savings from streamlining the manufacturing process  - Plant engineer  , Plant foreman

For Evaluating the effects of integrating purchasing, production, marketing, and distribution into a single system  - Plant foreman

For Estimating increase in sales from higher customer satisfaction  - Marketing director

For Estimating benefits and costs  - All team members

For Evaluating the effects of integrating purchasing, production, marketing, and distribution into a single system  - Plant foreman

For Estimating increase in sales from higher customer satisfaction  - Marketing director

For Estimate benefits and costs  - All team members

During 20x5, Medallion Industries anticipates production of 20,000 units, budgeted variable costs of $85,000, and budgeted fixed costs of $45,000. If 15,000 units are actually produced, what is the expected total cost

Answers

Answer:

Total cost= $108,750

Explanation:

Giving the following information:

For 20,000 units:

Total budgeted variable cost= $85,000

Total budgeted fixed costs= $45,000

First, we need to calculate the unitary variable cost:

Unitary variable cost= 85,000/20,000= $4.25

The fixed costs remain constant at a total level.

Now, we can determine the total cost for 15,000 units:

Total cost= 4.25*15,000 + 45,000

Total cost= $108,750

Bettina Amman is a sales consultant. She travels all over the country selling her company’s products. Her total monthly expenses for June, July, and August were $4,356.01, $9,011.20, and $8,780.00. What was her average monthly expenditure?

a

$7,382.40

b

$22,147.21

c

$8,090.25

d

$6,565.00

Answers

Answer:

a. $7,382.40

Explanation:

With regards to the above,

Bettina Amman 's average monthly expenditure calculation is shown below;

= Total monthly expenses / Number of months

= $4,356.01 + $9,011.20 + $8,780 / 3

= $7,382.40

Therefore, Bettina Amman's average monthly expenditure is $7,382.40

Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 215,000 Fixed manufacturing overhead cost $ 3,655,000 Variable manufacturing overhead cost per machine-hour $ 2.00 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $3,500. The following information was available with respect to this job: Direct materials $ 1,610 Direct labor cost $ 1,155 Machine-hours used 82 Compute the total manufacturing cost assigned to Job P90.

Answers

Answer:

1. Plant wide predetermined overhead rate is $19 per hour

2. Manufacturing cost assigned to job P90 is $4,323

Explanation:

1. In order to calculate the predetermined overhead rate based on machine hours expended, the fixed overhead cost would have to be divided by the machine hours and then add up variable overhead cost per machine hour

= [ Fixed manufacturing overhead / Machine hours required to support production ] + Variable manufacturing overhead cost per machine hour

= [$3,655,000/215,000] + $2

= $17 + $2

= $19 per hour

2. Manufacturing cost of job P90

Direct materials

$1,610

Direct labor cost

$1,155

Overhead 82 machine hours × $19

$1,558

Total cost

$4,323

It is generally not a good idea to put a cash advance on your credit card because
It will negatively effect your credit score.
O
Credit card companies charge a higher interest rate (and often an additional fee) on cash advances than they do on
purchases
O Credit cards have no grace periods on cash advances
Student loans must be repaid and grants do not need to be repaid.

Answers

They usually charge higher rates and often impose a fee

An entity prepares its financial statements on its income tax basis. The accompanying notes include a summary of significant accounting policies that discusses the basis of presentation and describes how that basis differs from GAAP. The dollar amount of the effects of the difference between the income tax basis and GAAP:________
A) Is required to be included only in the notes to the financial statements.
B) Is required to be included only in the auditor’s report.
C) Is required to be included both in the notes to the financial statements and the auditor’s report.
D) Need not be quantified and included in either the notes to the financial statements or the auditor’s report.

Answers

Answer:

D) Need not be quantified and included in either the notes to the financial statements or the auditor’s report.

Explanation:

Accounting principle can be defined as a general guideline to be followed by accountants or financial institutions when they record and report their financial transactions. A change in an accounting principle involves a change in an accounting method used.

GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC). Therefore, when accountants prepare and compile financial statements for public firms, it must be in line with United States of America, Generally Accepted Accounting Principles (GAAP)

In this scenario, an entity prepares its financial statements on its income tax basis. The accompanying notes include a summary of significant accounting policies that discusses the basis of presentation and describes how that basis differs from GAAP. The dollar amount of the effects of the difference between the income tax basis and GAAP need not be quantified and included in either the notes to the financial statements or the auditor’s report.

Carpenters Company, a manufacturing company, acquired equipment on January 1, 2017 for $510,000. Estimated useful life of the equipment was seven years and the estimated residual value was $18,000. On January 1, 2020, after using the equipment for three years, the total estimated useful life has been revised to nine total years. Residual value remains unchanged. The company uses the straight-line method of depreciation. Calculate the depreciation expense for 2020.

Answers

Answer:

$31,238.10

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($510,000 - $18,000) / 7 = $70,285.71

Depreciation expense from 2017 to December 2019 would be = $70,285.71 x 3 = $210,857.14

Book value at the beginning of 2020 = $510,000 - $210,857.14 = $299,142.86

Depreciation expense from 2020 = ($299,142.86 - $18,000) / 9 = $31,238.10

Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: Direct materials $ 81,000 Direct labor $ 41,000 Variable manufacturing overhead $ 19,800 Fixed manufacturing overhead 31,600 Total manufacturing overhead $ 51,400 Variable selling expense $ 14,400 Fixed selling expense 22,800 Total selling expense $ 37,200 Variable administrative expense $ 5,200 Fixed administrative expense 27,400 Total administrative expense $ 32,600 Required: 1. With respect to cost classifications for preparing financial statements: a. What is the total product cost

Answers

Answer:

the total product cost is $153,600

Explanation:

The computation of the total product cost is as follows;

= Direct material cost + direct labor cost + total manufacturing overhead cost

= $81,000 + $41,000 + $31,600

= $153,600

Hence, the total product cost is $153,600

The other values would be ignored for determining the product cost

9. Galloway, Inc. has an odd dividend policy. The company has just paid a dividend of $7 per share and has announced that it will increase the dividend by $2 per share for each of the next 5 years, and then never pay another dividend. How much are you willing to pay per share today to buy this stock if you require a 15 percent return

Answers

Answer:

P0 = $41.7196815 rounded off to $41.72

Explanation:

To calculate the price of the stock today, we will use the discounted cashflow model. The formula for price under this model will be the present value of the expected future cash flows. The formula is as follows,

P0 = D1 / (1+r)  +  D2 / (1+r)^2 + ... + Dn / (1+r)^n

Where,

D1, D2,...,Dn are the dividends in year 1, years 2 and so on to year nr is the required rate of return

P0 = (7+2) / (1+0.15)  +  (7+2+2) / (1+0.15)^2  +  (7+2+2+2) / (1+0.15)^3  +  

(7+2+2+2+2) / (1+0.15)^4  +  (7+2+2+2+2+2) / (1+0.15)^5

P0 = $41.7196815 rounded off to $41.72

What should you do if you determine the root cause and find that it is out of your control?

a. Nothing. Once you determine the root cause, your work is done whether it is in your control or not.
b. Use a different analysis tool
c. Quit
d. Go back up to the previous question and see if you have control over that response

Answers

Answer:

The correct answer is the option A: Nothing. Once you determine the root cause, your work is done whether it is in your control or not.

Explanation:

To begin with, the question is related to what is called "Root Cause Analysis" known in the management field as a process by which the managers tend to identify what cause a problem by looking deeply into the root of it thanks to an excesive analysis done by a team. It is necessesary to clarify that the main purpose of this method is just to identify the problems' root and from there to come out with solutions regarding the situation if able, but it is not the point of the analysis to take action or to implement those solutions. So therefore that if the situation turns to be out of the control of the person responsible for the analysis then there is nothing he could do because his job has already been done.  

The total cost accumulated in the sales department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar): $150,050. $142,471. $102,222. $122,402. $127,778.

Answers

Answer:

$127,778

Explanation:

Calculation for total cost accumulated in the sales department using the reciprocal method

Direct operating cost$70,000

Acturial Cost allocated 24,000

Premium Ratings allocated cost 24,000

Acturial Cost allocated 6400

Premium Ratings allocated cost 2400

Acturial Cost allocated 640

Premium Ratings allocated cost 240

Acturial Cost allocated 64

Premium Ratings allocated cost 24

Acturial Cost allocated 6

Premium Ratings allocated cost 2

Acturial Cost allocated 1

Premium Ratings allocated cost 0

Total cost accumulated $127,778

Therefore total cost accumulated in the sales department using the reciprocal method is $127,778

how the equilibrium price and quantity change when a change in demand occurs and the supply stays constant, and when a change in supply occurs and the demand stays constant.

Answers

Answer:

because demand is not increaing constant supply is increasing that you ate a bit your amount of food is increasing supply of food chain is not increaing in the same hate also.now understand yourself

Other Questions
Which sentence in the excerpt from F. Scott Fitzgeralds winter dreams reflect dextars heartlessness The small spheres that are moving through the circuit are the electric current. Current is the flow or movement of electrons. Describe how the current moves in the simulation. Suppose that, in a competitive market without government regulations the equilibrium price of gasoline is $3.00 per gallon.Complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding.Choices for Price Control is:________.A. Price ceiling B. Price floorChoices for Binding or Not is:_______.A. Binding B. Non-BindingStatement Price Control Binding or NotThere are many teenagers who would like to work at gas stations, but they are not hired due to minimum wage law ___________ ___________The government prohibits gas stations from selling gasoline for more than $2.70 per gallon ___________ ___________The government has instituted a legal minimum price of $2.70 per gallon for gasolone. ___________ ___________ Plz help Giving 10 points What is 12.36 rounded to the nearest whole number if ther are 36 eggs in 4 cakes, what should we divide by? Flora made 7 withdrawals of $75 each from her bank account. What was the overall change in her account? + $525+ $15- $15- $525 What year was the European Union created Regina bought a book for $12 and a game for $14.She paid$40.How much change does she get back? Which of these was NOT a new wartime role for women? Tom and Rachel both want to buy a pair of AirPods. Tom has saved $85 and plans to save $5 per week. Rachel has $60 and plans to save $10 per week. After how many weeks will they both have saved the same amount of money? Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. The bank has approved Cassidy's loan at a fixed annual interest rate of 2.7% compounded monthly for 15 years. Use the formula to determine Cassidy's approximate monthly payment.P = Fp(t)/1 - (1+t)^-nAnswer choices:A. Cassidys approximate monthly payment will be $5,717.26B. Cassidys approximate monthly payment will be $1,721.15C. Cassidys approximate monthly payment will be $1,474.58D. Cassidys approximate monthly payment will be $1,420.11 Simplify the algebraic expression 4(x + 1) + 7(x + 3) + 6(y + 2)A 7x + 37B 17y + 215C 11x + 6y + 37D 5x + 6y + 11 help me plz Jackson and his sister ran a hose from a bucket into their swimming pool. The hose sprays 1/3 of a gallon from the bucket every second. The bucket started with 32 gallons of water. How long will it take to empty the bucket? .Ally and Beth are at the grocery store. Ally buys a pound of Ambrosia apples for y = 3xwhere y is the total cost and x is the number of pounds. Beth buys Gala which isrepresented in the table below. Who spends less per pound for apples. How much less?Number of Pounds (x) 2 4 6 8 10Cost (y)5 10 15 20 25 A maintenance firm has gathered the following information regarding the failure mechanisms for air conditioningsystems: Yes NoEvidence of electrical failure Yes 55 17Electrical failure No 32 3The units without evidence of gas leaks or electrical failure showed other types of failure. If this is a representative sample of AC failure, find the probability.a. That failure involves a gas leak b. That there is evidence of electrical failure given that there was a gas leak c. That there is evidence of a gas leak given that there is evidence of electrical failure can i be hypnotised to make myself smarter What is one example of a metaphor and why?What is also one example of a personification and why?In Fahrenheit 451 and if you can please make the Whys 3 sentences at least but any info is great!! please help thank you if you do. 1. Why is it important to set fitness goals?2. How can you use your smartphone to chart your physical fitness?3. What way can you use technology at home to help improve your physical fitness? .4. Create a list of physical activities that you can add to a personal fitness program.5. Why is it important to choose activities you enjoy to do in your personal fitness program? Which is not characteristic of the Gothic style in churches?A. Slender SpireB. Emphasis on widthC. Atmosphere of transparency Any permanent change in a gene is called a