Tried and True’s accountant suggests that monthly rent and hourly wage rate also be factored into the productivity calculations. Annandale pays the highest average wage at $10 an hour. Blacksburg pays $7.25 an hour, Charlottesville $8, and Danville $7.50. The cost to rent store space is $2800 a month in Annandale, $1200 a month in Blacksburg, $2000 a month in Charlottesville, and $800 a month in Danville.
a. Which store is most productive?
b. Tried and True is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?

Answer:

employees agree with goals of the organization

employees want to support the goals of the organization

Explanation:

i did it on edgenuity

Answer:

Materials used during the period $ 113,120

Explanation:

The credit side of the Factory overhead is the applied overhead

Thus: 90,720 os 60% of labor: 90,720 / 0.6 = 151,200

Good in Process

Beginning Balance 100,800

Materials                            X

Labor                        151,200

Overhead                 90,720  

Transferred-out             (Y)  

Ending Balance      131,040

Finished Goods

The debit of 324,800 represents the amount transferred out from Goods in Process. Having this, we can solve for direct materials

Beginning Balance    100,800

Materials                                X

Labor                            151,200

Overhead                     90,720  

Transferred-out      (324,800)  

Ending Balance           131,040

material = 131,040 + 324,800 - 90,720 - 151,200 - 100,800 = 113,120

Answer: false

Explanation:

CSR behavior are simply behavioral aspects of CSR. According to the definition of corporate social responsibility, companies should conduct their business in a way that gives back to the society at large.

The statements that there' little relationship between CSR behaviors and consumer reaction to the products and services of the firm according to survey results listed in the Harvard Business Review is not true.

Answer:

R = 4 customers per minute

I = 12 customers in line

average time (T) = 3 minutes per customer

Explanation:

if we follow Little's Law and its assumptions: L = λW

W = L / λ

average waiting time = average number of clients in line / average number of clients arriving (or departing) = 12 / 4 = 3 minutes

Little's Law can also be written as I = RT

I = L

R = λ

Answer: b. Humanistic Management theory

Explanation:

The idea of the Humanistic Management theory is totally centralized on a belief that humans are not an economic asset . Humans have value and some needs in any organisation, so management of employees is a major concern to get expecting results.

So by checking employees frequently, addressing any of their concerns are the actions to manage them.

This is called Humanistic Management theory.

Hence, the correct option is b.

Answer: 9.9%

Explanation:

The Weighted Average Cost of Capital (WACC) represents the cost of financing the business through debt and capital.

It is calculated as;

= (Weight of stock * cost of stock) + ( Weight of debt * after-tax cost of debt)

After tax cost of debt;

= debt interest *  ( 1 - tax rate)

= 10% * ( 1 - 35%)

= 6.5%

WACC = (40% * 15%) + ( 60% * 6.5%)

= 9.9%

Answer:

1) December 31, 2016, income tax expense

Dr Income tax expense 104,000

    Cr Income taxes payable 100,000

    Cr Deferred tax liability 4,000

2) net income = $196,000

Explanation:

Southern Atlantic's taxable income = $300,000 (pretax income) - $40,000 (interests on municipal bonds) = $260,000

income tax expense = $260,000 x 40% = $104,000

income taxes payable = $104,000 - deferred tax liability = $104,000 - $4,000 = $100,000

deferred tax liability = accounting depreciation expense x tax rate = ($40,000 x 25%) x 40% = $10,000 x 40% = $4,000

net income = total income - income tax expense = $300,000 - $104,000 = $196,000

Answer: there are no factors other than globalization which influence the economic conditions of a country

Explanation:

Globalization is the movement of goods, services, human beings, technologies, capital etc around the world. Globalization promotes interactions between people in different parts of the world.

Since Donna Bader, whom is a globalization opponent believes that globalization does more harm than good to countries, her conclusion could have been gotten from the assumption that "there are no factors other than globalization which influence the economic conditions of a country".

In this scenario, such economy are only influenced by globalization and in a case whereby there's trade dispute or war between the country and other countries which could impede imports or affect communication or other things which can disrupt globalization to effectively take place, such economy can be affected.

Answer:

Explanation:

Organizational structure is what is best for

1. lowering cost:

what would be most suitable here is the product based division structure. this is because the main goal is the launching of new product lines and also getting ranges that are in existence to be bigger. the divisions are smaller here, which is given to each single product line which may have their own R&D and response divisions. Efficiency is increased, product development cycle is reduced and so also is cost lowered.

2. increasing responsiveness:

what is best here is region/geographic based structure. this is as divisions that are smaller are given to distinct areas. this increases region specificness as well as the fact that it takes care of any grievances. the team here have good knowledge of the needs of the specific region and their socio cultural background.

3. both

the matrix structure is best when their is a goal to lower cost and at the same time increase responsiveness. the divisions are of two dimensions, primary and secondary. this therefore increases sharing of resources and also cost reduction. it uses both if these goals to enhance efficiency.

Answer: 2) increasing opportunity costs

Explanation:

The Production Possibilities Frontier (PPF) measures how much of one good an economy would have to give up to be able to produce more of another good.

Resources in the economy are scarce so a trade-off needs to be made to determine how much resources would go into one good and how much into the other. This is why when more resources go to one good, less of the other is produced.

This is what the PPF shows. As we produce one more of one good, we produce less of the other good meaning the opportunity cost ( not producing the other good) of producing more of one good increases as we keep producing it.

Answer:

Poor implementation risk

Process risk

Equipment failure risk

Demand risk

Quality risk

Reputation risk

Explanation:

The new process implementation will require capital expense. There is high risk that the new packaging is not accepted by the customers. There can be quality check required to ensure that new packaging is not compromising quality of the product. There can be demand decline risk as the new packaging is rejected by the customers then the company can loose large amount of revenue. There will be heavy cost incurred for the extension of existing plant but if the implementation and management is poor then the new packaging will not be up to the mark and this may hit the brand reputation.

Answer:

Total Assets $48,900

Total liabilities and stockholders' Equity $48,900

Explanation:

Preparation for the balance sheet pf Wolfpack Construction.

WOLFPACK CONSTRUCTION

Balance Sheet

December 31

ASSETS LIABILITIES

Cash $5,900 Accounts payable $2,900

Land $17,500 Notes payable $19,500

Equipment $25,500

Total Assets $48,900

($5,900+$17,500+25,500)

Total liabilities $22,400

($2,900+$19,500)

STOCKHOLDER'S EQUITY

Common stock $10,000

Retained earnings $16,500

Total stockholders' equity $26,500

Total Assets $48,900

Total liabilities and stockholders' Equity $48,900($22,400+$26,500)

Calculation for Retained earnings

Using this formula

Retained earnings= Total assets - Total liabilities - Common stock

Let plug in the formula

Retained earnings= $48,900-$22,400-$10,000

Retained earnings= $16,500

Therefore Total Assets will be $48,900 while

Total liabilities and stockholders' Equity will be $48,900

Answer: a. increases an asset $1,000; decreases an asset $1,000.

Explanation: If an individual asset is increased, then it is possible there could be an equal decrease in another asset. Accounts receivable is the total monetary amount owed to a financial entity due to debts arising from sales on credit or on account. A collection of a $1,000 Accounts Receivable increases an asset $1,000; decreases an asset $1,000.

Answer:

Nov 1 2018

Dr Bonds receivable 700,000

Cr Cash 67,3618.61

Cr Discount on bonds receivable 26,381.39

April 3 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

Dr Interest revenue 37,059.02

Oct 31, 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

Cr Interest revenue 37,059.02

Nov 1, 2019

Dr Cash 700,000

Dr Discount on bonds receivable 22,283.25

Cr Notes receivable 700,000

Cr Profit on sale bonds receivable 22,283.25

Explanation:

Preparation of the journal entries to record the following:

Purchase of the bonds

Interest receipts on April 30, 2019 and October 31, 2019

Sale of the bonds.

Journal entries

Nov 1 2018

Dr Bonds receivable 700,000

Cr Cash 67,3618.61

Cr Discount on bonds receivable 26,381.39

(700,000-67,3618.61)

(To record Purchase of bonds)

April 30 2019

Dr Cash 35,000

(700,000*10%*6/12)

Dr Discount on bonds receivable 2,049.02

(37,059.02-35,000)

Dr Interest revenue 37,059.02

(673,618.61*11%*6/12)

(To record Interest receipts)

Oct 31, 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

(37,059.02-35,000)

Cr Interest revenue 37,059.02

(673,618.61*11%*6/12)

(To record Interest receipts)

Nov 1, 2019

Dr Cash 700,000

Dr Discount on bonds receivable 22,283.25

($26,381.39-$2,049.02-$2,049.02)

Cr Notes receivable 700,000

Cr Profit on sale bonds receivable 22,283.25

(To record Sale of the bonds)

Answer:

A) only what is necessary for the succeeding operations.

Explanation:

JIT manufacturing is a system in which it focused to reduced the time with respect to the producton system and the feedback time arises from the suppliers and from the customer

It is to be developed for meeting out the demand not for the any kind of surplus or the advance requirement

Therefore in the given case, the option A is correct as it shows the necessity to be used for the coming operations

Answer:

b.Stockholder's individual tax rates

Explanation:

The application rate for S corporation should not be taxed as the C corporation.So in this case, it should not be applied in the S corporation profits and it should be passed with the help of stockholders and the income should be reported at the time of filing the return

Therefore in the given case, the correct option is B. and the same is to be considered

Answer:

C

Explanation:

Product cost is the total cost expended in creating a product. They include direct labour, direct materials, production supplies, and factory overhead.

For example to produce a pencil, some of the product cost would include :

Answer:

a. If revenues are less than expenses, the company has a net loss and retained earnings decreases.

Explanation:

Retained earnings is defined as the portion of income a company retains for internal operations, reinvest into the business, or repay debt.

It is derived by removing dividends paid to shareholders net income of a company.

So of the revenues of a company are less than its expenses a company will have no choice but to use its retained earnings to run internal operations.

This reduces the retained earnings of the company.

Answer:

Product category        units           cost          NRV   year-end inventory

Tools:

Paint products:

1) carrying value of year-end inventory:

Tools:                        

Paint products:        

Total                            $7,475

2) adjustment to tools:

Dr Cost of goods sold 250

    Cr Inventory: tools 250

adjustment to paint products:

Dr Cost of goods sold 550

    Cr Inventory: paint products 550

or total adjustment to inventory account:

Dr Cost of goods sold 800

    Cr Inventory 800

Inventory is the part of current assets held by the business organization to perform their business operations. The inventory is the working current asset as it keeps on moving with the sale of goods. There are various methods to determine the value of inventory such as FIFO, LIFO, and many more.

1. The carrying value of the inventory at year-end is $7,475

It is computed in the image attached below.

2. The journal entries for the adjustment amount of the year-end for each LCNRV is attached in the image below:

To know more about Inventory, refer to the link:

https://brainly.com/question/14801340

Answer:

Date        Account Title and Explanation     Debit       Credit

Mar-01     Rent expenses                               $4,000

                     Cash                                                          $4,000

               (To record payment of rent for the month)

Mar-03    Advertising expenses                    $1,350

                      Cash                                                         $1,350

                (To record payment advertising expenses for the month)  

Mar-05     Supplies                                         $1,800

                       Cash                                                          $1,800

                 (To record payment for supplies)  

Mar-06     Office equipment                           $11,500  

                        Accounts payable                                   $11,500

                 (To record purchase of office equipment on account)  

Mar-10      Cash                                              $8,600

                        Accounts receivable                              $8,600

                (To record cash receipt from customers on account)  

Mar-15       Accounts payable                        $3,180  

                         Cash                                                        $3,180

                (To record payment to creditors on account)

Mar-27      Misc. expenses                             $700

                        Cash                                                         $700

                 (To record payment for misc. expenses)

Mar-30      Utilities expenses                         $550

                        Cash                                                          $550

               (To record payment for telephone expenses for the month)  

Mar-31       Accounts receivable                    $37,200  

                        Fees earned                                             $37,200

               (To record fee earned and billed to customer for the month)  

Mar-31       Utilities expenses                         $830

                         Cash                                                          $830

                (To record payment for electricity bill for the month)  

Mar-31      Dividends                                         $2,000  

                         Cash                                                           $2,000

                (To record payment of dividends)  

Answer:

D

Explanation:

Regressive tax system is a tax system where those that earn lower income pay more tax and those that earn higher income pay less tax.

A graduated income tax is also known as progressive tax

A proportionate tax taxes everyone the same regardless of the amount earned.

A progressive tax ensures vertical equity.

A progressive tax is a tax structure where those who earn higher income are taxed more and those that earn less pay less amount of tax.  

Answer:

a. Schedule of cost of goods manufactured for October 2017.

Raw materials costs  ($264,000  + $18,000 - $29,000)   $253,000

Direct labor costs                                                                 $190,000

Depreciation on factory equipment                                      $31,000

Indirect labor cost                                                                  $28,000

Rent on factory facilities                                                        $60,000

Utilities expense $12,000  × 75%                                            $9,000

Insurance expense $8,000 × 60%                                         $4,800

Add Opening Work in process Inventory                            $20,000

Less Closing Work in process Inventory                             ($14,000)

Cost of goods manufactured                                               $581,800

b. Income statement for October 2017.

Sales Revenue                                                                     $780,000

Less Cost of Goods Sold :

Opening Finished goods Inventory                $30,000

Add Cost of goods manufactured                 $581,800

Less Closing Finished goods Inventory        ($50,000)   ($561,800)

Gross Profit                                                                           $218,200

Less Expenses :

Advertising expense                                        $90,000

Selling and administrative salaries                  $75,000

Depreciation on sales equipment                   $45,000

Utilities expense 12,000  × 25 %                        $3,000

Insurance expense 8,000 × 40 %                      $3,200   ($216,200)

Net Profit / Loss                                                                       $2,000

Explanation:

First, Prepare the cost of goods manufactured for October 2017 and include the amount in the calculation of cost of goods sold.

In the cost of goods manufactured schedule, include only the costs that are factory related.

Then, Prepare the income statement for October 2017, making sure to adjust the Utilities and Insurance expenses appropriately.

Answer:

C) The combination of goods and services which maximize their utility given a limited budget.

Explanation:

The goal of every consumer is to maximise utility. utility maximisation is the highest form of satisfaction a consumer can derive from consuming goods and services.

Utility is the total satisfaction derived from consuming goods and services.

Human wants are unlimited and the resources available to them are limited. So, consumers have to choose the combination of goods within their limited budget that would maximise utility

Answer:

1. Internet - Bargaining power of buyers

With the internet buyers are much more knowledgeable about goods and services as well as having access to many more vendors. The internet has therefore increased the bargaining power of buyers.

2. Investments - Threat of Substitute Products or Services

Investment into an industry could mean that other companies are being financed to provide the goods and services that the other companies in the industry already create. This is a threat of substitute products and services.

3. Music - Threat of New Entrants

Music is dynamic and keeps evolving such that new entrants are a constant happening. These new musicians could attract the audiences of other musicians so it is a threat to entry.

4. Glass - Bargaining Power of Suppliers

If the specific kind of glass is not easy to get or is sold by one or few companies, this would mean that the bargaining power of suppliers is high due to the scarcity of the glass.

5. Advertisement - Rivalry Among Competitors

Advertisement is a way of telling consumers to buy a product from the company advertising instead of its customers. Advertising is therefore a medium of expression for rivalry amongst competitors.

d. Provide labor and buy goods

For more information:

https://brainly.com/question/11905095?referrer=searchResults

Answer: D

Explanation: E2020

Answer:

Interest rates

Explanation:

Here are the options to the question : o Interest rates o Real income Real income o Expected future income o Wealth

Disposable income is either saved or consumed. When interest rates fall, savings would fall as returns on investment would be lower and consumption would increase.When interest rates rise, savings would increase and consumption would fall

Answer:

$306,000

Explanation:

Calculation for Graham’s net income for 2018

Using this formula

NET INCOME=Net cash flow from operating activities+(Depreciation and amortization -

Increase in accounts receivable )

Let plug in the formula

NET INCOME=$300,000+($30,000-$36,000)

NET INCOME=$300,000+$6,000

NET INCOME=$306,000

Therefore Graham’s net income for 2018 will be $306,000

Answer:

.............................................. Wilson Trucking Company ......................................

................................................ Classified Balance Sheet ......................................

....................................................... December 31, 2017.........................................

Assets

Current assets  

Cash .................................................... $5,900  

Account receivable ............................ $27,500  

Office supplies..................................... $7,590

Total current assets ............................................. $40,990

Non current assets  

Land ......................................................................... $48,000

Truck ..................................................... $196,000  

Less: Accumlated depreciation - Truck  $(40,376) $155,624

Total Non current assets ......................................... $203,624

Total Assets ............................................................... $244,614

Liabilities

Current Liabilities  

Account payable................................. $9,900  

Interest payable ................................. $7,000  

Total current liabilities............................................... $16,900

Long term liabilities  

Long term notes payable.......................................... $63,000

Total liabilities............................................................. $79,900

Stockholder's equity

Common Stock ................................... $15,000  

Retained earnings............................... $149,714  

Total Stockholder's equity......................................... $164,714

Total liabilities and stockholder's equity.................. $244,614

Retained Earnings

= Opening retained earnings + Net Income - Dividends

Net Income

= Revenue - Expenses

= 126,000 (Trucking fees earned ) - 26,043 - 64,722 - 17,000 - 11,868

= $6,367

Retained earnings

= 172,347 + 6,367 - 29,000

= $149,714

Answer:

Hello your  question is incomplete attached below is a screenshot of the question

Answer: i) Darby is doing something wrong

              ii) Ethic traps are : Money and Rationalization

Explanation:

Darby is doing something wrong because she is taking the benefits of H associates company for personal purposes. and this totally unethical behavior been exhibited by Darby

The ethics trap faced by Darby are :

Money ; Money is the most influential trap that makes employees engage in most unethical activities because Human beings want more money always

Rationalization : Darby is using the company's facilities for personal use because she feels that her usage of the facilities for personal use won't affect the company negatively