74 units should the firm order each time.
A manufacturer could be a person or company that produces finished product from raw materials by victimization numerous tools, equipment, and processes, then sells the products to shoppers, wholesalers, distributors, retailers, or to different makers for the assembly of additional advanced product
Inventory or stock refers to the products and materials that a business holds for the final word goal of selling, production or activity. Inventory management could be a discipline primarily concerning specifying the form and placement of stocked with product. Three types of inventory are raw materials, work-in-progress, and finished goods.
The question is incomplete, find thee complete question here
michigan state figurine inc. (msf) sells crystal figurines to spartan fans. msf buys the figurines from a manufacturer for $14 per unit. they send orders electronically to the manufacturer, costing $25 per order and they experience an average lead time of nine days for each order to arrive from the manufacturer. their inventory carrying cost is 20 percent. the average daily demand for the figurines is three units per day. they are open for business 250 days a year. answer the following questions:
a. How many units should the firm order each time? Assume there is no uncertainty at all about the demand or the lead time. (Round your answer to the nearest whole number.)
To learn more about inventory here
brainly.com/question/15118949
#SPJ4
the manager of a company situated in the country of aria lost a business deal with a company situated in the country of iota. the arian manager complained to the iotan higher-level executives when he couldn't obtain information from his counterparts in iota. the higher-level iotan executives were offended by his behavior. the arian manager was surprised since hierarchy was never a matter of concern in his country. in the context of the given scenario, which of the following statements is true?
Behavior is perceived differently from culture to culture is true.
Culture is an umbrella term that encompasses the social conduct, establishments, and norms found in human societies, in addition to the understanding, ideals, arts, legal guidelines, customs, competencies, and behavior of the people in these businesses. way of life is often originated from or attributed to a specific region or place.
Lifestyle may be defined as all of the approaches of existence such as arts, beliefs and institutions of a populace which are exceeded down from generation to era. tradition has been referred to as "the manner of existence for an entire society." As such, it consists of codes of manners, get dressed, language, religion, rituals, artwork.
Learn more about culture here:https://brainly.com/question/25010777
#SPJ4
An entity engaged an accountant to review its financial statements in accordance with Statements on Standards for Accounting and Review Services. The accountant determined that the entity maintained its accounts on a comprehensive basis of accounting other than generally accepted accounting principles (GAAP). In this situation, the accountant most likely would have taken which of the following actions?
A. Withdrawn from the engagement because the entity has not been following GAAP.
B. Advised management to make the adjustments necessary for the account balances to conform with GAAP.
C. Modified the review report to reflect the fact that the financial statements were presented on another comprehensive basis of accounting.
D. Requested that management justify the use of the other comprehensive basis of accounting in the management representation letter.
In this situation, the accountant most likely would have taken the action to modify the review report to reflect the fact that the financial statements were presented on another comprehensive basis of accounting.
Financial statements (or financial reports) are kinda records of the financial activities associated with the degree position of a business, person, or different entity. Relevant financial data is bestowed in an exceedingly structured manner and in a form that is simple to understand. for big corporations, these statements could also be complicated and will embody an intensive set of footnotes to the financial statements and management discussion and analysis.
The notes usually describe every item on the balance sheet, operating statement, and income statement in additional detail. "The objective of economic statements is to supply information about the financial position, performance associate degree changes in the monetary position of an enterprise that's helpful to a large variety of users in creating economic decisions."
Learn more about financial statements here: https://brainly.com/question/26240841
#SPJ4
The mayor of Workerville proposes a local payroll tax to fund a new water park for the city. The mayor proposes to collect half the tax from workers and half the tax from firms. The mayor will be able to successfully divide the burden of the tax equally if the
demand for labor and supply of labor are equally elastic.
The mayor of Workerville proposes a local payroll tax to fund a new water park for the city. The mayor proposes to collect half the tax from workers and half the tax from firms. The mayor will be able to successfully divide the burden of the tax equally if the demand for labor and supply of labor are equally elastic. It is true statement because, if the demand for and supply of labor are both elastic, the mayor will be able to split the tax burden fairly.
If the labor demand curve is elastic, a small decrease in remuneration will be sufficient to provide the additional labor needed to absorb the increased inventory. With a slight wage adjustment, the harmony will be restored in any scenario.
The flexibility of job demands and the availability of work is a major determinant of how much welfare reform will affect wages and labor. By dividing different elasticity's, it is possible to determine the impact of the flexibility of job request and work supply on the rate change in wages and company.
Learn more about curve at https://brainly.com/question/14115009
#SPJ4
Identify which option in each of the following groups is punctuated correctly, During my first three months of work, I attended three conferences, they were all required events for my training, During my first three months of work, I attended three conferences; they were all required events for my training During my first three months of work, I attended three conferences they were all required events for my training Working for a larger company has its advantages; consequently, I have decided to stay here another year. Working for a larger company has its advantages consequently, I have decided to stay here another year. Working for a larger company has its advantages; consequently I have decided to stay here another year. Dear Madame President: Dear Madame President O Dear Madame President; We conduct business with several East Coast companies: WorcesterTech, SouthBean, and Hopkinton Teach o We conduct business with several East Coast companies: Worcester Tech, SouthBean, and Hopkinton Teach We conduct business with several East Coast companies, WorcesterTech, South Bean, and Hopkinton Teach
The correct punctuation in the sentences from the given paragraphs are Sentence B from the first, Sentence A from the second, Sentence B from the third and Sentence B from the last.
During my first three months of work, I attended three conferences; they were all required events for my training. Working for a larger company has its advantages; consequently, I have decided to stay here another year. Dear Madame President, We conduct business with several East Coast companies; WorcesterTech, SouthBean, and Hopkinton Teach.
Punctuation, also known as interpunction, is the use of white space, traditional signs (also known as punctuation marks), and specific typographical methods to help readers understand and interpret written material correctly, whether they are reading it silently or loudly.
To learn more about Punctuation click here
brainly.com/question/22817712
#SPJ4
an import tariff will cause the relative demand for ___ to ____ and the relative supply for ___ to .
An import tariff will cause the relative demand for imports to decrease and the relative supply for imports to increase.
Tariffs are one tool used by governments to interact with trading partners with whom they do not agree. A tariff is a charge that one government imposes on the imports of products and services from another country in an effort to sway it, generate income, or safeguard competitive advantages.
Import tariffs are levied by the customs authority on commodities brought into a nation. The amount that will be imposed on imported products is often determined by their worth. Import tariffs can also refer to import duties, customs duties, tariffs, or import taxes in specific situations.
To learn more about tariffs, visit the link below:
brainly.com/question/28590145
#SPJ4
Businesses located in countries that have relatively weak domestic demand rarely make the leap to multinational enterprises because they must focus their attention on shoring up their economic positions in their home countries.
FALSE
False Due to the fact that they are required to concentrate on bolstering their economic positions in their home countries, businesses based in nations with relatively low domestic demand rarely make the transition to multinational corporations.
Organizations situated in nations that have generally frail homegrown interest seldom take the jump toward global ventures since they should concentrate on supporting their financial situations in their nations of origin.
The increasing interconnectedness and interdependence of global cultures and economies is referred to as globalization.
Globalization is the interaction and integration of people, businesses, and governments from different countries. It is aided by information technology and driven by international trade and investment.
Why should a domestic company expand internationally?By expanding abroad, you can escape a market that is already overrun. When you expand internationally, you gain access to new customers and a market where your rivals do not operate. To be able to provide a dependable service to their international customers is one of the reasons why businesses expand internationally.
To learn more about globalization here
https://brainly.com/question/15283031
#SPJ4
Full Question = Businesses located in countries that have relatively weak domestic demand rarely make the leap to multinational enterprises because they must focus their attention on shoring up their economic positions in their home countries. True / False .
TRUE/FALSE. under the uniform securities act, the definition of sale includes bona fide gifts of securities. giving a security as a bonus with any purchase.
Under the uniform securities act, the definition of sale includes bona fide gifts of securities. giving a security as a bonus with any purchase. This statement is false.
The definition of sale expressly excludes bona fide gifts of securities and preliminary agreements between issuers and underwriters. Any bonus security received with another transaction is regarded as a component of that purchase and is therefore sold.
A conversion or buy right is regarded as a sale whenever it is used. The Uniform Securities Act defines "sale," which is sometimes used interchangeably with "sell," as any contract of sale, any contract to sell, and any disposition of a security or interest in a security.
An interest in a security of the issuer is disposed of when a corporate bond is sold, whether or not a warrant is attached.
To know more about Uniform Securities Act:
https://brainly.com/question/29847434
#SPJ4
denny corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. the new machine would cost $290,000 and would have a ten-year useful life. unfortunately, the new machine would have no salvage value. the new machine would cost $48,000 per year to operate and maintain, but would save $89,000 per year in labor and other costs. the old machine can be sold now for scrap for $29,000. the simple rate of return on the new machine is closest to (ignore income taxes.):
The simple rate of return on the new machine is closest to 17.2%. This rate of return is calculated by taking the net annual savings from the new machine ($41,000 = $89,000 - $48,000) and dividing it by the initial cost of the machine ($290,000). $41,000/$290,000 = 0.14103 = 14.1%.
Taking into consideration the initial cost of the old machine ($29,000), the total initial cost of the new machine comes at $261,000. Dividing the annual savings ($41,000) by the revised initial cost ($261,000) results in a simple rate of return of 17.2%. This rate of return takes into account the savings associated with the new machine as well as any scrap value that could be gained from the old machine.
To know more about rate of return click here
https://brainly.com/question/24232401
#SPJ4
jasmine gives a presentation is which she uses a conversational style with the audience. she refers to her notes so seldom that the audience barely notices. she uses visual aids, including them as a natural part of her talk. which of the following presentation methods is she most likely using?
o extemporaneous o memorized o read o impromptu o visualized
In the presentation, as Jasmine uses visual aids including them as a natural part of her talk. A presentation methods that she is most likely using is an extemporaneous method. The Option A is correct.
What is an Extemporaneous speech?An extemporaneous speaking is a speech that consists of delivering a speech in a conversational fashion using notes. They are developed through outlining ideas, not writing them out word-for-word.
This type of speech are practiced ahead of time, rehearsed and re-rehearsed (extemporaneous speeches are not impromptu), using a keyword outline of single words and short word phrases.
Read more about Extemporaneous speech
brainly.com/question/25486647
#SPJ1
If Jasmine gives a presentation is which she uses a conversational style with the audience she is using the extemporaneous option a
What is meant by the extemporaneous presentation?Extemporaneous, which meaning "without planning," is often used interchangeably with the word impromptu. An extemporaneous speech, on the other hand, is actually a well-prepared speech that relies on research, a distinct structure, and honed delivery. It is never delivered in exactly the same way because it is neither read aloud nor memorized.
Extemporaneous refers to speech that is made on the spot. Although the orator's performance was excellent, it wasn't until we found out that his speech was spontaneous that we really appreciated the breadth of his talent. Some politicians are so adept at what they do that even their rehearsed words come off as spontaneous.
Read more on presentations here:https://brainly.com/question/24653274
#SPJ1
assume that land can be used either for producing corn or producing beef. the opportunity cost of converting an acre from producing corn to raising cattle for beef is equal to which of the following?
The amount by which corn production decreases.
What is opportunity cost?
When you choose one course of action over another, you incur an opportunity cost—a loss of value or advantage. In other words, the opportunity cost of a decision is the difference between the benefit you get from taking a certain course of action and the benefit you would have gotten from the option you chose not to take.
What is the Formula for Opportunity Cost?Whether a person or a firm is making the investment, in general we want to examine opportunity costs. Using the following formula, we may translate opportunity cost into a return (or profit) on investment:
Opportunity Cost = Return on the Most Profitable Investment - Return on the Investment Selected to Pursue.
You must base your computation on the predicted returns unless the investment returns are fixed and essentially assured to be paid.
To know more about Production visit: brainly.com/question/4523051
#SPJ4
____________ is a measure of the extent to which a movement in the market index is reflected in the price movements of all stocks in the market. A. Put-call ratio B. Trin ratio C. Breadth D. Confidence index E. All of these are correct.
Breadth is a measurement of how much a change in the market indices is reflected in fluctuations in the prices of the entire securities traded on the market.
What does it mean to have breadth?
the size of something moving in a specific direction, especially in terms of length, width, or height; the ability to comprehend a wide variety of subjects. Synonyms for "a professor must possess a breadth of understanding of the subject" include completeness and size.
What does literary breadth mean?
"Often have at least given confidence level" of several phrases and words is referred to as "having breadth." I've heard and seen the term perspicuous, for instance.
To know more about breadth visit :
https://brainly.com/question/13807334
#SPJ4
the mnc should continue to invest in new projects up to the point where the marginal rate ofreturn earned on a new investment equals the marginal cost of new capital.
It is completely appropriate to mention that a multinational corporation should always operate its investments in new projects till the point where the marginal rate of return is equal to at least the marginal cost of capital. Therefore, the statement given above is completely true.
The marginal rate of return represents the return over the investments in the projects. Moreover, the marginal rate of return is an additional return generated by investing in one additional project with the infusion of additional capital for such project.
Learn more about the marginal rate of return here:
https://brainly.com/question/13835826
#SPJ4
The owner of a car wash is trying to decide on the number of people to employ based on the following short-run production function:
Q=6L−0.5L2
where, Q = number of car washes per hour and L = number of workers.
(a.) Generate a schedule showing total product (TP), average product (AP) and marginal product (MP).
(b.) Suppose the price of a basic car wash (no undercoating, no wax treatment, etc.) in his area of business is $5. How many people should he hire if he pays each worker $6/hour?
(c.) Suppose he considers hiring students on a part-time basis for $4/hour. Do you think he should hire more workers at this lower rate? Explain.
Given the short-run production function of the Car wash entity, we can solve the given questions. For a detailed explanation of MP, AP, MRP, MLC etc refer to the answer below:
Before, giving the schedule for, the Total product (TP), Average product(AP) and Marginal product(MP), we state the formulas for these three
We will calculate TP by the Production function given: Q=6L-0.5L^2 (1)
Now, Calculating Marginal product=dTP/dL
MP= d(6L-0.5^2)/dL
We get, MP = 6 - L (2)
Average product = Q/L, we put (1) in this Equation,
AP= (6L-0.5^2)/L = 6-0.5L (3)
Now we draw the schedule ( we take values of L from 0 to 5)
L TP MP AP
0 0 6 6
1 5.5 5.0 5.5
2 10 4.0 5
3 13.5 3.0 4.5
4 16 2.0 2
5 17.5 1.0 3.5
b. A firm's choice of how many units of a variable input to employ for its fixed input is guided by the rule (MRP=MLC).
According to the regulation, the company must use a certain input up to the point where the revenue contribution of the additional input equals the expense incurred by the company to use this specific unit.
L TRP MRP TCL MLC
(TP*$5) (L*$6/h)
0 0 0 0 0
1 27.5 27.5 6 6
2 50.0 22.5 12 6
3 67.5 17.5 18 6
4 80.0 12.5 24 6
5 87.5 7.5 30 6
So we find the amount of labour at which MRP=MPL (approx) Which is 5 labours.
c. A firm is guided by the rule (MRP=MLC) when deciding how many units of a variable input to employ for its fixed input.
According to the rule, the company must use a specific input up to the point when its cost to employ it is equivalent to the additional input's income contribution.
Here also, the Firm continues to hire 5 people. Therefore, the car wash owner will not care whether students or other individuals work there.
To learn more about MP, Click here:
https://brainly.com/question/14579780
#SPJ4
_______________ is the total amount of energy. Often one associates this term with the chemical energy available in bonds. Select only ONE answer choice.
a. Endargonic b. Enthalpy c. Entropy d. Exergonic
b. Enthalpy is the total amount of energy. Often one associates this term with the chemical energy available in bonds.
A thermodynamic system's enthalpy (/nlpi/; listen) property is the sum of the system's internal energy and the product of its pressure and volume.
It is a state function that is frequently employed in measurements of chemical, biological, and physical systems at constant pressure, which the sizable surrounding environment conveniently provides.
The pressure-volume concept describes the effort needed to create space for the system by displacing its surrounds in order to determine its physical dimensions.
For solids and liquids under typical conditions, the pressure-volume term is relatively tiny, whereas it is only somewhat small for gases.
Therefore, enthalpy serves as a stand-in for energy in chemical systems; enthalpy differences are what are commonly referred to as bond, lattice, and solvation "energies" in chemistry.
To know more about enthalpy:
https://brainly.com/question/13996238
#SPJ4
The theory of constraints (TOC) is:
A. A strategic technique primarily used to reduce waste
B. A strategic technique used to help firms effectively improve the rate at which raw materials are converted to finished goods and then money through sales
C. A strategic technique used to balance capacity across all resources
D. All of the above
The theory of constraints (TOC) is a strategic technique used to balance capacity across all resources.
What does a TOC constraint mean?The Theory of Constraints is a process for determining the most significant constraint (i.e., limiting factor) that prevents the accomplishment of a goal and then methodically removing that limitation until it is no longer the constraint. The restriction is frequently referred to as a bottleneck in manufacturing.
What do SQL Mcq constraints mean?Explanation: A constraint outlines the guidelines that will allow or prohibit the data that can be placed in a table. The constraints that provide guidelines for data input are the PRIMARY KEY, NOT NULL, and CHECK.
To know more about TOC visit:
https://brainly.com/question/18523062
#SPJ4
the track length and the ride time for the 10 roller coasters in another park are given below. create a scatterplot of the data with time on the y y-axis, and track length on the x x-axis. track length (ft) ride times (seconds) 3250 3250 110 110 2500 2500 80 80 2900 2900 145 145 3500 3500 120 120 920 920 95 95 3000 3000 210 210 2690 2690 170 170 1900 1900 105 105 1610 1610 80 80 2060 2060 170 170 a few of the points (red) are already plotted, along with the least squares regression line. plot the rest (blue). clear
Plotting the blue values (3250,120), (2500,70),(3500,120), (3000,210) as follows with a blue dot = 0.025
Workings:
The regression equation represents:
Predicted value, y^ = Intercept+slope*x.
A second example is falling from a roller coaster. This is an example of a parabola, and the water droplet is shaped like a parabola moving up and down. The Macaulay Duration calculates the weighted average time it takes a bondholder to receive a bond's cash flows.
Conversely modified duration measures a bond's price sensitivity to changes in its yield to maturity. Most roller coasters obey the laws of inertia. A stationary object is stationary, so you must push or pull all the coasters to start.
Learn more about The track length here:- https://brainly.com/question/24712293
#SPJ4
suppose stock prices rise. to offset the resulting change in output the federal reserve could group of answer choices increase the money supply. this increase would also move the price level closer to its value before the rise in stock prices. decrease the money supply. this decrease would also move the price level closer to its value before the rise in stock prices. increase the money supply. however, this increase would move the price level farther from its value before the rise in stock prices. decrease the money supply. however, this decrease would move the price level farther from its value before the rise in stock prices.
A money market is a short-term investment account that pays interest on a daily basis. A money market account is used by people as a short-term savings account. Money market accounts can be taxable of tax-free.
The total value of all shares of a company is called market value, also known as market value. It is calculated by dividing the share price by the total number of shares currently outstanding. For example, a company with 20 million shares trading at $50 would have a market capitalization of $1 billion. The ratio of common stockholders' equity divided by the total number of shares outstanding is called book value per share (BVPS). This number calculates the company's book value per share and is a minimum measure of its equity.
The amount shareholders would receive if the company were liquidated, all tangible assets sold, and all liabilities settled is known as book value per share (BVPS). However, its usefulness comes from the fact that investors use it to judge the undervaluation of a stock's price by comparing it to the company's market value per share.
To lean more about Money market from the given link.
https://brainly.com/question/28539863
#SPJ4
prance, inc., earned pretax book net income of $1,881,000 in 2021. prance acquired a depreciable asset that year, and first-year tax depreciation exceeded book depreciation by $188,100. prance reported no other temporary or permanent book-tax differences. the pertinent u.s. federal corporate income tax rate is 21%, and prance earned an after-tax rate of return on capital of 4%. enter below prance's 2021 deferred tax benefit or expense and any deferred tax asset or liability.
Balance Sheet
Deferred Tax liability: $ 343770=1637000*21%
Income Statement
Deferred Tax Expense: $ 343770=1637000*21%
Prance's Total tax expense will be
Current Tax expense: 309393=(1637000-163700)*21%
Add :Deferred Tax Expense: 343770
Total Tax Expense: $ 653163
A tax is a obligatory economic fee or a few different form of levy imposed on a taxpayer (an person or criminal entity) by means of a governmental organisation on the way to fund government spending and numerous public prices (nearby, nearby, or national),[2] and tax compliance refers to policy actions and person behaviour aimed toward ensuring that taxpayers are paying the right amount of tax on the proper time and securing the appropriate tax allowances and tax reliefs.[3] the first regarded taxation took place in historic Egypt around 3000–2800 BC.[4] A failure to pay in a well timed manner (non-compliance), together with evasion of or resistance to taxation, is punishable by using law. Taxes encompass direct or indirect taxes and can be paid in money or as its exertions equal.
Learn more about Tax here
https://brainly.com/question/25783927
#SPJ4
Which of the following scenarios fails to describe a possible real option embedded in a project analysis? A) A truck fleet outfitted with engines capable of running on five various types of fuel. B) A patent was developed for a new process of slicing bread. C) A new product line started with future follow-on investments available. D) The articles of incorporation were amended to allow for stock splits and reverse stock splits.
The scenarios that follow fall short of describing a viable genuine option. The option (D) that the articles of incorporation were changed to permit stock splits and reverse stock splits is included in a project analysis.
What is investments?An investment in the economy is the act of making a purchase of goods that will not be used immediately away but rather later on to generate wealth. A financial asset is considered an investment in finance if it is bought with the hope that it will either continue to generate income or be sold for a profit in the future. The three basic categories into which investments are traditionally categorised are stocks, bonds, and cash equivalents. There are various different sorts of investments that fall under each category. Here are six other investment categories you might think about for long-term growth, along with some information on each.
What are benefits of investment?Investing is a successful approach to use your money and possibly increase your fortune. Your money might gain value and outpace inflation if you choose wisely while investing. The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential. Putting money into yourself will increase your self-esteem and confidence in your own abilities. Focusing on your personal growth will help you come to know yourself better as well as provide you new knowledge and abilities.
To know more about Investments visit:
https://brainly.com/question/15353704
#SPJ4
The Labor Market - End of Chapter Problem Consider the labor market for workers who build boats. For each of the given scenarios, graphically show the effect on the market for boat-builders. a. Boat manufacturers begin using more efficient robots on the assembly line, and the substitution effect dominates the scale effect. Labor supply Wage ($ per hour) X Labor demand b. There is an increase in the wage of automobile manufacturing workers (assume boat-builders and automobile workers have similar skills and can work in both industries). Labor supply X Labor demand c. There is a decrease in unemployment benefits. Labor supply x Labor demand
The effect on market for boat-builders is that there is an increase in wage of the automobile manufacturing workers.
What is manufacturing?The process of generating or producing goods using resources like equipment, labor, tools, chemicals, or biological formulas is known as manufacturing. The secondary sector of the economy revolves around it. The expression can be used to represent a range of human activity, from handicraft to high-tech, but it is most usually associated with industrial design, which requires the extensive transformation of the raw materials from primary sector into finished goods. Planning and streamlining the processes that turn raw materials into final things fall within the purview of the engineering field known as "manufacturing engineering." The initial stages of production involve product design and material specifications. By transforming these elements into various shapes, the finished product is produced.
To learn more about manufacturing, visit:
https://brainly.com/question/13740503
#SPJ4
Suppose you are consuming two goods, A and B. Your marginal utility of good A is 20, and your marginal utility of good B is 4. The price of good A is $10, and the price of good B is $2. a. In this case, you are (Click to select) b. You should consume: Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers less of good A 7 more of good A the same amount of good A 12 the same amount of good B ? more of good B
The price of good A is $10, and the price of good B is $2. option a and b are correct.
The Law of Equi-marginal Utility is another essential foundation of Economics. This principle is also known as the Law of Substitution or the Law of Maximum Satisfaction.
Although we know that human needs are boundless, the tools for satisfying these desires are severely limited. As a result, it is critical to prioritize the most essential demands that can be satisfied with the funds available to the consumer.
Every intelligent consumer would try to maximize his delight by making the best use of the money at his disposal. As per law of Equi-marginal utility, a consumer consumes two goods until marginal utility to price ratio of both goods Is same.
MUa/ Pa = MUb/Pb
20/10 = 4/2 = 2
The consumer is maximizing his utility at this consumption level. He should continue to consume same song of good a and b.
The correct answer are both a and b.
learn more about Equi-marginal utility at https://brainly.com/question/15242967
#SPJ4
Crane Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2018, the following data are available.
1. Sales: 20,800 units quarter 1; 22,100 units quarter 2.
2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%.
3. Fixed costs per quarter: sales salaries $10,900, office salaries $6,160, depreciation $4,490, insurance $2,080, utilities $880, and repairs expense $670.
4. Unit selling price: $24.
The budgets for all non-manufacturing departments, including the ones for sales, marketing, accounting, engineering, and facilities, make up the selling and administrative expense budget. Usually, the budget is submitted either monthly or quarterly.
This budget merits a great deal of attention because, taken as a whole, it can be comparable to the amount of the production budget. For a distinct sales and marketing budget and a separate administration budget, it can also be divided into segments.
This budget's data is not directly taken from any other budgets. Instead, managers choose the proper level of spending based on the overall level of corporate activity. To ascertain which activities are likely to be required more or less as sales levels and capital expenditures change, activity-based costing analysis may be used. Additionally, bottleneck operations may have some influence on the total amount of expenses in this budget (especially if the bottleneck is in the sales department). It is helpful to identify the activity levels at which step costs may be incurred and to include them in the budget when developing this one.
For the given question, the required budget has been attached in the form of images.
Learn more about Selling and Administrative Expense Budget here: https://brainly.com/question/24201489
#SPJ4
efferson City Computers has developed a forecasting model to estimate its AFN for the upcoming year. All else being equal, which factor is most likely to lead to an increase of the additional funds needed?
a. a sharp increase in its forecasted sales
b. a sharp reduction in its forecasted sales
c. a reduction in its dividend payout ratio
d. excess capacity in its fixed assets
A: a sharp increase in its forecasted sales is the most likely factor to lead to an increase in the additional funds required.
Sales forecasting is a process to express expected sales revenue. A sales forecasting method estimates how much a company plans to sell within a certain time period (like a quarter or year). The best sales forecasting performs this estimation with a high degree of accuracy.
In the given scenario where a forecasting model has been developed by Jefferson City Computers in order to estimate its AFN for the year to come; the most likely factor to lead to an increase in the additional funds required is a sharp increase in its forecasted sales.
You can learn more about sales forecast at
https://brainly.com/question/14204337
#SPJ4
willow creek nursery, with an authorization of 78,000 shares of preferred stock and 200,000 shares of common stock, completed several transactions involving its stock on october 1, the first day of operations. the trial balance at the close of the day follows: willow creek nursery unadjusted trial balance october 1, 20-- account title debit credit 1 cash 3,867,500.00 2 land 852,000.00 3 buildings 1,814,000.00 4 preferred 1% stock, $80 par 2,480,000.00 5 paid-in capital in excess of par-preferred stock 186,000.00 6 common stock, $30 par 3,570,000.00 7 paid-in capital in excess of par-common stock 297,500.00 8 totals 6,533,500.00 6,533,500.00 all shares within each class of stock were sold at the same price. the preferred stock was issued in exchange for the land and buildings. journalize the two entries to record the transactions summarized in the trial balance. Refer to the Chart of Accounts for exact wording of account titles.
Journal
Shaded cells have feedback.
Journalize the two entries to record the transactions summarized in the trial balance. Refer to the Chart of Accounts for exact wording of account titles.
How does grading work?
PAGE 1
JOURNAL
ACCOUNTING EQUATION
Score: 73/87
DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY
1
✔
✔ land
✔
2
✔Buildings
✔
3
✔preferred
✔
4
✔Paid-In Capital in Excess of Par-Preferred Stock
✔
5
✔
✔cash
✔
6
✔ common stock
✔
7
✔Paid-In Capital in Excess of Par-Common Stock
✔
Oct 1, 20 Land $860,000 Buildings $2,533,000 debit to 1% Preferred stock$2,925,000 Paid-in capital in excess of Par -preferred stock $468,000 credit.(to record issuance of preferred stock in exchange for land & building).
Why do you use the word stock?An ownership certificate for any company's stock is referred to as a stock in the generic sense. The stock certificate of a certain corporation is referred to as a share, on the other hand. You become a shareholder if you own stock in a specific business. Common and preferred stocks fall under this category.
Is investing in Bitcoin a wise choice?The most volatile and dangerous investment is bitcoin, the biggest cryptocurrency by market cap. If you have a high risk tolerance, sound financial standing, and the ability to afford to lose any money you put in it, you should only consider it.
To know more about Stock visit:
https://brainly.com/question/29992015
#SPJ4
yasmin works as a trained salesperson at a local furniture and appliance store. which of the following is likely true about her role as a customer salesperson?
Knowledgeable salespeople enable retailers to assist their customers in selecting the products or services that are best for them.
SalespersonA salesman is someone whose primary job it is to sell a product or service. They are individuals who are primarily involved in personal selling operations on behalf of the firm in order to develop business contacts that will conclude in the salesperson supplying the product or service to the clients. Customers and salespeople often perceive each other as outgroup members, with whom they engage for the purpose of negotiating a transaction. He then developed his advance order sales strategy by using illustrated catalogues and traveling salespeople.
To know more about sales person visit the link
https://brainly.com/question/28505829
#SPJ1
Families with special needs children have more complicated lives than traditional families. Which of the following is correct? A trust can be established for a special needs child that provides for many benefits, including providing for food and shelter for the child, without impacting governmental benefits. O A parent or guardian should not attempt to help the child accumulate assets in the child's name to be sure the child is cared for O Aparent or guardian should not attempt to provide health insurance for the child. O Aparent or guardian should not worry about preserving governmental benefits for the child.
Families with special needs children have more complicated lives than traditional families. The correct statement is B. A parent or guardian should not attempt to help the child accumulate assets in the child's name to be sure the child is cared for
What is a special need?A child with special needs is a child who has been found to need unique care and supplies that other kids do not. Special needs refer to people who need assistance due to disabilities that may be physical, mental, or psychological in clinical diagnostic and functional development
Those with special needs families compared to traditional families, children's lives are more complicated.
Children with special needs include those who suffer from mental issues which slows their development relative to other children.
A child has special educational needs if they struggle to learn more than most kids their age due to a learning issue. They might struggle with their behavior, communication, or academics. Specialists, teachers, and nonprofit organizations can offer parents assistance and guidance.
Learn more about family on:
https://brainly.com/question/12397063
#SPJ1
Lululemon Athletic, Inc. is a manufacturer of athletic apparel. Among its most popular products are fitness pants made from a proprietary material known as luon, an amalgamation of 86% nylon and 14% Lycra. The black luon pants were recalled in March 2013 after customers complained that they were transparent. The recall amounted to 17% of the company's sales. After the recall, customers reported additional problems, including pilling, flawed seams, and continuing sheerness. The Louisiana Sheriff's Pension & Relief Fund purchased common shares of Lululemon during the time Lululemon made representations that its apparel quality level was the "highest in the industry," that it was the "leader in technical fabrics and quality construction," and that "quality" was the company's "key differentiating factor" from its peers. After the recall, Lululemon's sales and the market price of its shares plummeted. The pension fund sued Lululemon under Securities Exchange Act Section 10(b) and Rule 10b-5, claiming that Lululemon statements were irreconcilable with Lululemon's actual, and undisclosed, quality control practices. Please research the actual case, and post your answers to the following questions: Was the pension fund's claim successful? Include in your answer the reasoning the court used to make its decision. Do you agree with the decision of the court? Why or why not?
No, Claim of Pension fund was not successful
What is Pension fund?
In general terms, pension refers a pension plan might pay 1% for each year of the person's service times their average salary for the final five years of employment.
Here we need do research the actual case, and also find if the pension fund's claim successful.
Here we know that Lululemon Athletic, Inc. is a manufacturer of athletic apparel. Among its most popular products are fitness pants made from a proprietary material known as Luon, an amalgamation of 86% nylon and 14% Lycra.
And it also given that, the Louisiana Sheriff's Pension & Relief Fund purchased common shares of Lululemon during the time Lululemon made representations that its apparel quality level was the "highest in the industry," that it was the "leader in technical fabrics and quality construction," and that "quality" was the company's "key differentiating factor" from its peers.
And in the court point of view, The pension fund sued Lululemon under Securities Exchange Act Section 10(b) and Rule 10b-5, claiming that Lululemon statements were irreconcilable with Lululemon's actual, and undisclosed, quality control practices.
Based on these details , we have clearly, know that the the claim was unsuccessful.
To know more about Pension here.
https://brainly.com/question/15408263
#SPJ4
au-c 915, reports on application of requirements of an applicable financial reporting framework, provides guidance to a reporting accountant who
Regardless of the approach, the auditor's processes should include choosing the general ledger diary entries that will be put to the test and looking at the documentation supporting those entries.
What are the different types of accountants?These four fields of accounting include corporate, municipal, governmental, and forensic accounting. A bachelor's degree is normally required for any accounting position, while previous master's work, especially in the accounting field, is frequently strongly desired. Some specifics of each common accounting component are covered here.
Do accountants receive good pay?In conclusion, the average compensation for a profession in accounting ranges from $70,000 to $130,000 annually, with a 6% projected increase in employment by 2030. Depending on school, certifications, business location, and most importantly years of experience, the annual salary for an accounting career can range between $40,000 to $120,000.
To know more about accountant visit:
https://brainly.com/question/22917325
#SPJ4
rosebud corp. reported the following items in the 2019 pension footnote for its defined benefit plan. service cost ............................................. $1,610 benefits paid to retirees ............................ 220 interest cost ............................................. 780 actual returns on pension plan assets ........ 1,140 expected returns on pension plan assets .... 1,200 actuarial gain ........................................... 62 how much is the increase in the company's pension obligation during the year?
The increase in company's pension obligation during year is $60.
What is a pension?A pension is a fund that accumulates contributions over the course of an employee's employment and is drawn upon periodically to finance the employee's retirement. Pensions and severance pay are two distinct concepts that shouldn't be mixed up. While the latter is often paid as a regular amount after retirement, the former is typically offered as a fixed payment following an involuntary termination of employment before to retirement. Employers, insurance companies, the government, or other groups like employer associations or labor unions may all establish retirement programs. Retirement benefits typically come in the form of a guaranteed life annuity, mitigating the risk of longevity.
Increase in pension= $1200-$1140=$60
To learn more about pension, visit:
https://brainly.com/question/28319433
#SPJ4
please help: Read this case, then answer these questions:
A. Who would you lay off? (Identify by name)
B. Why? Explain your decision in at least one paragraph of 5 sentences. Be sure to identify the criteria you used as the basis for your decision.
C. Are there any potential legal implications of this decision? (One paragraph, 5 sentences; identify specific potential issues and explain why they may be an issue.)
D. Provide 4 guidelines you would follow during the discharge meeting. Why are they important? (One or two sentences for each guideline.)