Answer:
Variable costs are 55% of sales, depreciation on the equipment to produce the new board will be $2,150,000 per year, and fixed costs are $3,200,000 per year.
Explanation:
Variable costs are 55% of sales, depreciation on the equipment to produce the new board will be $2,150,000 per year, and fixed costs are $3,200,000 per year.
QS 8-4 Units-of-production depreciation LO P1 On January 1, the Matthews Band pays $65,800 for sound equipment. The band estimates it will use this equipment for four years and perform 200 concerts. It estimates that after four years it can sell the equipment for $2,000. During the first year, the band performs 45 concerts. Compute the first-year depreciation using the units-of-production method.
Answer:
$14,355
Explanation:
Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)
(45/200) x ($65,800 - $2000) =
0.225 x 63800
$14355
Doogan Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 2.0 grams $ 7.00 per gram Direct labor 0.6 hours $ 14.00 per hour Variable overhead 0.6 hours $ 6.00 per hour The company produced 4,600 units in January using 10,120 grams of direct material and 2,100 direct labor-hours. During the month, the company purchased 10,690 grams of the direct material at $7.20 per gram. The actual direct labor rate was $14.55 per hour and the actual variable overhead rate was $5.90 per hour. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for January is:
When effective communication affected your success at work
Answer:
Being able to communicate at school and in the workplace may mean the difference between success and failure. With your peers, communication helps you to engage and find common ground, allowing you to build friendships that not only last a lifetime, but may lead to future employment opportunities.
Explanation:
Bill is the supervising editor for a publishing company. He directs his employees ' tasks and is ultimately responsible for the work that his department accomplishes . Bill is an example of a(n)
HR director.
line manager.
specialized employee.
classifier.
Answer:
line manager
Explanation:
Year
2016
2017
2018
2019
Cow
P
$300
$350
$370
$380
Q
1000
1050
1100
1200
Bicycle
P
$120
$130
$140
$150
Q
1200
1300
1500
1600
1. Calculate nominal GDP for each year
2. Calculate real GDP for each year
3. Calculate GDP deflator and inflation rate
Consumer sentiment suddenly crashes below early-pandemic levels in the US #accelerationism
Data concerning Lemelin Corporation's single product appear below:
Per Unit Percent of Sales
Selling price $ 230 100 %
Variable expenses 115 50 %
Contribution margin $ 115 50 %
The company is currently selling 7,000 units per month. Fixed expenses are $581,000 per month.
The marketing manager would like to cut the selling price by $18 and increase the advertising budget by $37,000 per month. The marketing manager predicts that these two changes would increase monthly sales by 1,600 units. What should be the overall effect on the company's monthly net operating income of this change?
a. increase of $302,200
b. decrease of $118,200
c. decrease of $7,800
d. increase of $118,200
Answer:
lol
Explanation:
Now don't get us wrong – not all of these answers raise this excellent question
You want to invest $18,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that pays a nominal rate of 6% that is compounded semiannually. What is the effective rate of return that you will earn from this investment
Answer:
The correct solution is "6.09%".
Explanation:
Given:
Nominal rate,
= 6%
or,
= 0.06
As we know,
⇒ [tex]EAR = [(1+\frac{APR}{m} )^m]-1[/tex]
By substituting the values, we get
[tex]=[(1+\frac{0.06}{2} )^2]-1[/tex]
[tex]=[(1+0.03 )^2]-1[/tex]
[tex]=1.0609-1[/tex]
[tex]=6.09[/tex] (%)
When looking to advertise a new business online, what is one of the major benefits of display ads?
Ship Co. produces storage crates that require 29.0 meters of material at $0.50 per meter and 0.35 direct labor hours at $13.00 per hour. Overhead is applied at the rate of $14 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card
Answer:
Total standard cost per unit= $23.95
Explanation:
First, we need to allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 14*0.35= $4.9
Now, the total direct material and total direct labor:
Direct material= 29*0.5= $14.5
Direct labor= 0.35*13= $4.55
Finally, the total cost per unit:
Total standard cost per unit= 4.9 + 14.5 + 4.55
Total standard cost per unit= $23.95
A year after the equine safety program was conducted in a riding stable, the volunteers remembered that they must always cross-tie the horses while they groom and saddle them. From the given data, it can be concluded that the content of the training was successfully transferred.
a. True
b. False
Bow-Wow Company manufactures a product with a unit variable cost of $50 and a unit sales price of $88. Fixed manufacturing costs were $240,000 when 10,000 units were produced and sold. The company has a one-time opportunity to sell an additional 1,000 units at $70 each in a foreign market which would not affect its present sales. If the company has sufficient (excess) capacity to produce the additional units, acceptance of the special order would affect net income as follows:
a. Income would decrease by $4,000.
b. Income would increase by $4,000.
c. Income would increase by $70,000.
d. Income would increase by $20,000.
A corporate charter specifies that the company may sell up to 23 million shares of stock. The company sells 15 million shares to investors and later buys back 4.5 million shares. The number of authorized shares after these transactions are accounted for is: Multiple Choice 19 million shares. 23 million shares. 15 million shares. 11 million shares.
Answer:
23 million shares
Explanation:
The computation of the number of authorized shares after these transactions are shown below:
Since the corporate charter represent the company could sell till 23 million shares of stock so here the no of authorized shared after the transactions should be 23 million shares
So, the second option is correct
And, the same is to be considered
difference between Kenyan and china culture
Chinese culture is one of the world's oldest cultures, tracing back to thousands of years ago. Important components of Chinese culture includes ceramics, architecture, music, literature, martial arts, cuisine, visual arts, philosophy and religion
6. Why is training important?
Answer:Training is important because it represents a good opportunity for employees to grow their knowledge base and improve their job skills to become more effective in the workplace. Despite the cost of training for employees, the return on investment is immense if it is consistent.
Explanation:
9 Given figures showing: Sales £8,200, Opening inventory £1,300, Closing inventory £900, Purchases £6,400, Carriage inwards £200, the cost of goods sold figure is (A) £6,800 (B) £6,200 (C) £7,000 (D) Another figure
Explanation:
the correct answer is
B)£6,200
(b). Cassava is the main commodity in the economy of Dumpusi. Given the hardship in the intervention, the number of cassava producers also increased in the community. In a class discussion, your Economics Lecturer said these two events would result in an increase in With the aid of a diagram, explain the possible effects of the two events on equilibrium price equilibrium price of cassava. Mary, your classmate, argues that the price will rather decrease. and quantity, assuming the salary increase has a greater impact and cassava is a normal good.
Answer:
prices decrease actually
Explanation:
with that much of cassava producers the market of the product just loses its value as it is that common that the only way to making money would be to say something about based on the communities beliefs to raise attention like "Buy some cassava to make the gods happy" something most common in African society
NVS, Inc just issued 5 year stock
If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory turnover?
A. 19.23
B. 4.5
C. 0.8654
D. 0.2222
E. None of the above
Answer: B 4.5
Explanation:
Coca Cola's SWOT matrix analysis
Explanation:
A SWOT analysis is a framework that is used to analyze a company's competitive positioning in its business environment. Coca-Cola is carefully reviewing its SWOT analysis and using it to make strategic decisions. ...
A quality control activity analysis indicated the following four activity costs of a hotel:
Inspecting cleanliness of rooms $49,300
Processing lost customer reservations 98,600
Rework incorrectly prepared room service meal 246,500
Employee training 98,600
Total $493,000
Sales are $2,900,000. Prepare a cost of quality report. Round percent of sales to one decimal place.
The Cost of Quality Report is as follows:
Quality Cost Quality Percentage of Percentage of
Classification Cost Quality Cost Total Sales
Prevention $98,600 20% ($98,600/$493,000) 3.4%
Appraisal 49,300 10% ($49,300/$493,000) 1.7%
Internal Failure 246,500 50% ($246,500/$493,000) 8.5%
External Failure 98,600 20% ($98,600/$493,000) 3.4%
Total Quality Costs $493,000 100% 17.0%
Data and Calculations:
Inspecting cleanliness of rooms $49,300 (Appraisal)
Processing lost customer reservations 98,600 (External failure)
Rework incorrectly prepared room service meal 246,500 (Internal failure)
Employee training 98,600 (Prevention)
Total $493,000
Sales $2,900,000
Percentage of Quality Cost = Quality Cost/Total Quality Cost * 100
Percentage of Total Sales = Quality Cost/Total Sales * 100
Thus, the cost of quality report is an appraisal of how the hotel uses its resources to prevent poor quality, including its internal and external failures.
Learn more about cost of quality report here: https://brainly.com/question/23775957
The FHA functions MOST like
Explanation:
As an agency within the Department of Housing and Urban Development, the FHA has an important role in providing affordable mortgages, especially during tough economic times. The FHA insures the loans and reimburses lenders if the borrowers default.
The Federal Housing Administration (FHA) is a U.S. agency offering mortgage insurance to FHA-approved lenders that meet specific qualifications.
Most FHA loans are for individuals who could not afford, and would not ordinarily qualify for, a traditional home mortgage loan.
What are targets for a business to achieve?
A. Objectives
B. Smart goals
C. Social enterprises
D. Profits
Josh is a hockey player on his university's team. He practices four times a week with his team and sometimes attends Friday night open skate with his friends. If Josh decides to attend the Friday night skate, the cost is $5. Which of the following is economically true regarding Josh's decision to join his friends on Friday night?
A. Josh will only attend Friday night skate if there is no charge, a fifth time skating will not benefit him at all.
B. Since Josh already skates four times a week with his hockey team, he will never choose to skate a fifth time that week.
C. If Josh decides to join his friends, he must feel that he gains at least $5 in fun by attending a fifth weekly session on the ice.
D. Josh should never attend Friday night open skate--he could get hurt and jeopardize his hockey career.
Answer:
C. If Josh decides to join his friends, he must feel that he gains at least $5 in fun by attending a fifth weekly session on the ice.
Answer:
C. If Josh decides to join his friends, he must feel that he gains at least $5 in fun by attending a fifth weekly session on the ice.
Explanation:
It is the most fun for him
. If the Federal Reserve raises interest rates in an autonomous tightening ________. A) the MP curve shifts up, there is an upward movement along the IS curve, and the AD curve shifts to the left to a lower level of equilibrium output B) the MP curve shifts down, there is a downward movement along the IS curve and the AD curve shifts to the right to a higher level of equilibrium output C) the MP curve shifts up, there is a downward movement along the IS curve and the AD curve shifts to the right to a lower level of equilibrium output D) the MP curve shifts down, there is an upward movement along the IS curve and the AD curve shifts to the left to a higher level of equilibrium output
Answer:
A the MP curve shift up ,there is an upward movement along the IS curve
When a process has a capability index of 1, it is said to be able to meet the specification limits in 99.74% of the time. If a process is currently meeting the specification limits in 99.5% of the time, then the capability index must be:
Answer:
Larger than 1.
Explanation:
A process capability index measures potential for a process to generate defective outputs relative to either upper or lower specification. Its mean is centered between specification limits. It measures a producers capability to produce a product withing customer's tolerance range.
* Distinguish between Accounts Receivable and
Account Payable.
Explanation:
Accounts receivable is money owed to a company by its debtors.
Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.
Answer:
Accounts receivable are the amounts owed to a company by its customers. it is an asset to the company
accounts payable are the amounts that a company owes to its suppliers.it is a liability to the company
Explanation:
Describe the three levels of selectivity. Describe an example for each.
Hi, you've asked an unclear question. However, I assume you're referring to levels of college selectivity.
Three levels of selectivity (college selectivity) are:
Most selective
Extremely selective
Very selective
Most selective: Colleges with this level of selectivity are said to accept fewer than 15% of all applicants, examples include, Harvard University, Johns Hopkins University, Stanford University
, Massachusetts Institute of Technology.
Extremely selective: Colleges with this level of selectivity are said to accept fewer than 35% of all applicants. Institutions under this category include Boston University, New York University, Georgia Institute of Technology, etc.
Very selective: The Colleges under this category accept fewer than 50% of all applicants. Examples are George Washington University, Kenyon College, Lafayette College,
North Carolina State University, etc.
These are some of the selectivity levels, you could find more Information from other online resources.
Daniel owns his own computer repair shop. Business has not been good, so Daniel's credit limit has been exhausted, and he needs a short-term loan to help him stay in business. Which institution, known as the lender of last resort, would Daniel most likely turn to for a loan
The institution that is called the lender of the last resort is the finance company.
The following information should be relevant:
Daniel should be converted into a finance company where the business provides short-term loans at high-interest rate as compared to the banks. Due to the high-interest rate, the financial companies should be treated as the lender of last resort for an individual & the businesses where the credit limit could be exhausted having poor credit ratings.So, the rest of the options are incorrect.
Therefore we can conclude that the institution that is called the lender of the last resort is the finance company.
Learn more about the credit limit here: brainly.com/question/8243881
Sellograph Corporation reports sales of $10 million for Year 2, with a gross profit margin of 40%. 20% of Sellograph's sales are on credit. Year 1 Year 2 Accounts receivable $ 150,000 $ 170,000 Inventory 900,000 1,000,000 Accounts payable 1,100,000 1,200,000
Accounts receivable days outstanding at the end of Year 2 is closest to:___________
a. 30.6 days.
b. 26.0 days.
c. 27.0 days.
d. 6.1 days.
Answer: b.
Explanation:
The agreement of the trial balance totals is an indication that all transactions have been properly recorded in the books of accounts. Do you agree with this statement?
Answer:
No
Explanation:
The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.
