Answer:
Federal agencies' financial information for a comparable time period.
Explanation:
Benchmarking can be regarded as management accounting innovation, which is been utilized in both the private and the public sectors for performance measurement as management. There are alot of success reported by public sector accounting researchers with the use of benchmarking, however there is
charged problems that still exist in implementing as well as using this management technique. The appropriate benchmarks for a state or local government to use as a basis for comparing performance are;
✓Socioeconomic and demographic trends of governments of similar types and size available from U.S. Census Bureau.
✓ A government's own operating results and financial position from prior years.
✓ International City/County Management Association's Financial Trend Monitoring System results for governments of similar types and size.
Jones Company allocates manufacturing overhead based on machine hours. Each chair produced should require 3 machine hours. According to the static budget, the following is expected to incur: 1,200 machine hours per month (400 chairs x 3 hours per chair) $6,000 in variable manufacturing overhead costs $8,400 in fixed manufacturing overhead costs During January, Jones Company actually used 1,100 machine hours to make 410 chairs. The company spent $5,800 in variable manufacturing overhead costs and $8,100 in fixed manufacturing overhead costs. What is the fixed manufacturing overhead allocation rate (to the nearest cent)
Answer:
the fixed manufacturing overhead allocation rate is $7 per hour
Explanation:
The computation of the fixed manufacturing overhead allocation rate is shown below;
Fixed manufacturing overhead allocation rate is
= Budgeted Fixed overhead ÷ Budgeted allocation base
= $8,400 ÷ 1,200 budgeted machine hours
= $7.00 per hour
Hence, the fixed manufacturing overhead allocation rate is $7 per hour
what would be one duty of a network administrator
Answer:
to manage network and cyber crime
lcm of 8 12 7 8 7 pls tell fast
Explanation:
factorise the above numbers:
8=2^3
12=2^2×3
7=7
In the above question,
there are two 7 and two 8 from which we have to write only one 7 and one 8 as takeing common we write 8,12,7,8,7 as 8,12,7
Then,
L.C.M=2^3×3×7
=168
In L.C.M ,we take both common as well as remaining numbers but in H.C.F,we take only common numbers .
Why does Starbucks Coffee consider internal leadership development such an important part of its core business process?
Answer:
Because Starbucks embraces and openly admires the idea of planning for one's own succession.
Explanation:
Internal leadership development is a process by which firms continue to solve real-life issues while developing their employees for more significant or leadership roles.
At Starbuck Coffee, it is widely believed that internal leadership development is an essential part of business operations, which helps in the promotion of organizational culture and structure of the company, such that the traditions, missions, and vision of the firm are fully upheld with every leader or CEO successor.
To Starbucks, this is one of the essential values ingrained in their culture, which helps them in attracting potential future leaders, and in turn, assists in planning in advance for the firm to easily replace their top-level leaders from in-house when the time is right,
The three questions of economics are based on decisions made by economies.
What statement best describes why economies must make these decisions?
Econominc must make these decisions?
The reason why economies must make these decisions is due to the fact that because resources are limited.
What are resources?These are all of the factors of productions that are used to take care of the needs of man. They are what is is used in the production process for all goods.
It is important to note that human needs are unlimited but the resources that are needed for meeting these needs are only few in number.
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Representative money has value based on:
A. the type of material that was used to make it.
B. an agreement that it can be exchanged for something else.
C. the role it plays in traditional religious ceremonies.
D. a government declaring that it is a legal currency.
Answer:
A. the type of material that was used to make it.
Explanation:
Assuming that the direct materials used are $1880000, compute the total manufacturing costs using the following information.
Raw materials inventory, January 1 $ 20000
Raw materials inventory, December 31 40000
Work in process, January 1 18000
Work in process, December 31 12000
Finished goods, January 1 40000
Finished goods, December 31 32000
Raw materials purchases 1900000
Direct labor 760000
Factory utilities 150000
Indirect labor 50000
Factory depreciation 400000
Operating expenses 420000
A. $420000
B. $3060000.
C. $3660000.
D. $3240000.
E. $3246000.
Answer:
D. $3240000.
Explanation:
Particulars Amount ($) Amount ($)
Direct materials used 1,880,000
Direct Labor 760,000
Manufacturing Overheads
Factory Utilities 150,000
Indirect Labor 50,000
Factory Depreciation 400,000 600,000
Total Manufacturing cost $3,240,000
The rationale why companies offer customers credit is because: a. offering customers credit, helps with the firm's cash flow position. b. offering customers credit, helps match revenues with expenses for the same time period. c. allowing customers to pay with credit cards or on credit, makes it easier for them to buy, and it also attracts new customers. d. allowing customers to pay with credit card or on credit, forces a company to rely less on accounts receivables and more on accounts payables.
Answer:
c. allowing customers to pay with credit cards or on credit, makes it easier for them to buy, and it also attracts new customers
Explanation:
What is credit?
Credit is the amount you can borrow for a certain time.
Sales on credit means that the sale is done without the use of cash with the conditions given for a certain time limit.
Now purchasing without cash is a facility every customer enjoys. The basic objective of sales on credit is to increase the purchasing power of customer thus attracting more customers to the specific products.
Choice c is the best option.
Choice a is incorrect because cash flows involve cash as well.
Choice b is also incorrect because matching principle is not a market strategy . It is an accounting method.
The company needs increase in sales, which involves a marketing strategy.
In the matching principle the revenues are matched with expenses therefore credit sales ( revenue) will be matched with the expenses incurred to be able to make sales.
Choice d is incorrect credit sales increase accounts receivable not accounts payable.
The rationale why companies offer customers credit is because offering customers credit, helps with the firm's cash flow position. The correct option is A.
The company can align revenues with the expenses incurred in producing those goods or services and ensuring a more accurate representation of financial performance for a given time period.
This approach can improve cash flow management, enhance customer satisfaction and foster loyalty. It can attract new customers and stimulate repeat business as it offers convenience and ease of purchase.
Therefore, the correct option is A.
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In a
contract, at least one party has the option of canceling the
contract.
O A. defective
O B. voidable
O C. binding
O D. void
Answer: voidable
Explanation: just took test
journal entry for depreciation paid
Answer:
Depreciation is a non-cash expense which means that it is not actually paid for. It is however considered an expense which reduces the value of fixed assets as the years go by.
Journal entry for depreciation is:
Date Account title Debit Credit
XX-XX-XXX Depreciation Expense XXXX
Accumulated Depreciation XXXXX
The Depreciation expense for the year is debited to the Depreciation expense account and deducted from income in the income statement.
The amount is then credited to an Accumulated depreciation account which shows total depreciation since the asset was acquired. This goes to the balance sheet and reduces the value of fixed assets.
How is private public partnership structured ???
If you are including additional material with a letter, you should type the word “Enclosure” _____.
at the top of the letter
at the bottom of the letter
on the front of the envelope
on the back of the envelope
Answer:
on the back of the envelope..
Answer:WRONG
it should be at the bottom of the letter
Explanation:
The price a person pays for the use of credit is called
A. Collateral
B. Debt
C. Insert
D. Security interest
The balance in Discount on Bonds PayableGroup of answer choicesshould be reported on the balance sheet as an asset because it has a debit balanceshould be allocated to the remaining periods for the life of the bonds by the straight-line method, if the results obtained by that method materially differ from the results that would be obtained by the interest methodwould be added to the related bonds payable to determine the carrying amount of the bondswould be subtracted from the related bonds payable on the balance sheet
Answer: would be subtracted from the related bonds payable on the balance sheet
Explanation:
The discount on the bonds payable is simply a contra liability account which leads to a reduction in the balance that's in the bonds payable account.
The balance in Discount on Bonds Payable would have to be be subtracted from the related bonds payable on the balance sheet.
true or false:
One of the most important jobs of a national political committee is to raise money for candidates running for office.
False.
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Barry Olson has mastered strong technical skills as the manager of a large toy store. He is very skilled at all the aspects of managing the store and the employees of the store. Soon, he will take a new position as regional manager for several toy stores. His boss remarked to him last week that he will be utilizing his _____ skills to communicate, coach, and motivate managers who have positions similar to his old position.
Answer:
human
Explanation:
Human skills are the skills that can be related to one another. The person who have the strong human skills that could easily engaged with the audience, potential customer. ALso at the same time they would able to connect with the people and those people who feel the individual at personally level
So as per the given situation it is a human skills
Which of the following would be an advantage of engaging in international
trade over domestic trade?
A. Higher cost of production due to higher labor costs
B. Larger growth opportunities based on market size
C. Clear understanding of laws and statues concerning business
operations
D. Less choice for consumers because of fewer products
Answer:
B. Larger growth opportunities based on market size
Explanation:
Took the test and guessed it correctly
GAWAIN 2
Panuto, Gamit ang Venn diagram, Thambing ang mga katangian ng balalawiting panudyo,
lugmang de gulong, hugtong, apalalaman, Teulat sa aimang bahagi ang pagkakatulad ng
dalawang karunungang hayang inihahambing,
Tulal Awiting
Papudyo
Tugmang de Galang
Pagkakatulad
Bulong
Palaisipan
Pagkakatulad
Explanation:
ANG TUGMANG DE GULONG AY ISANG TUMANG TULAANG TUGMANG DE GULONG AY ISANG TUMANG TULA꧁#CarryOnLearning꧂ANG TUGMANG DE GULONG AY ISANG TUMANG TULA꧁#CarryOnLearning꧂❀⊱─━━━━━━⊱༻●༺⊰━━━━━━─⊰❀What is one difference between common and preferred stock?
A. Common stockholders receive higher dividends than preferred
stockholders,
B. Holders of common stock are paid off sooner than holders of
preferred stock if the business goes bankrupt.
C. Common stock costs more than preferred stock
D. Common stock value can appreciate more than preferred stock.
Answer:
C. Common stock costs more than preferred stock
Explanation:
The average mututal fund includes 90-200 companies.
O True
O False
Answer:
I think it will be false
24. You can be sure that a bond will sell at a premium to par when _________. Multiple Choice its coupon rate equal to its yield to maturity its coupon rate is less than its conversion value its coupon rate is less than its yield to maturity its coupon rate is greater than its yield to maturity
Answer:
its coupon rate is greater than its yield to maturity
Explanation:
A par bond can be regarded as bond which is been seld at its exact face value. This typically express that a bond which sells for $1,000, because
this is the face value of most of the available bonds. A par bond will produce yield to the investor that has matches with coupon amount which is been attached to the bond.
A premium bond can be regarded as bond that is trading above its face value, it is one that it's costs is more than the face amount that is on the bond. When a bond trade at a premiums then its interest rate is higher compare with current rates in the market. A bond which is trading above its par value as regards secondary market can be regarded as premium bond. It should be noted that one can be sure that a bond will sell at a premium to par when its coupon rate is greater than its yield to maturity
write a letter to an electronic shop manager lodging your complain about a television and attitude of the sales girl
Answer:
A consumer has every right to submit a letter of complaint to a company, it is necessary, however, to be clear and objective in a justification, so that the company can solve its problem in the best possible way.
Explanation:
Dear XX store manager,
I made a purchase of a HD Smart Tech television, on the date YY, at the store located in the Z shopping mall in the southern region of the city YZ, but when I got home I found that the television is not capturing the image in HD even though I did it all the procedures indicated by the saleswoman Paola, who incidentally, provided me with excellent service, solving my doubts and indicating a device that corresponded to my needs and desires. However, most likely I was unlucky to have received a defective TV from my stock at my home.
I would like a solution to make the exchange as soon as possible, since tv is a necessary item in my home and routine.
I await an answer.
Kind Regards,
xxx
Peggy started work after graduation and started investing.
Why do you think Peggy would have decided to invest?
A. to keep her finances liquid for emergencies
B. to earn compound interest
C. to minimize the risk of losing money
D. to build on her retirement fund
E. to take out a student loan for further education
Answer:
c
Explanation:
Suppose there is a simple index of two stocks, stock A and stock B. Stock A
opens on Monday with 8000 shares at $4.75 per share. Stock B opens on
Monday with 5000 shares at $5.12 per share. Stock A opens on Tuesday at
$5.40 per share, and stock B opens on Tuesday at $5.72 per share. Both
stocks have the same number of shares that they opened with on Monday.
What is the rate of change of this simple index over 1 day?
A. 11.4%
B. -12.9%
C. -11.4%
D. 12.9%
Answer: D. 12.9%
Explanation: took the quiz.
The rate of change of this simple index over 1 day for stocks is 12.9%. Thus, the correct option is D.
What are stocks?A stock, also known as a share or equity, is a unit of ownership in a company. When a company goes public, it may offer a portion of its ownership to the public through the sale of stocks. Investors can then buy and sell these stocks on a stock exchange or other trading platform.
When you buy a stock, you are essentially buying a small piece of ownership in the company. As a shareholder, you have certain rights, such as the right to vote on important company decisions, and the right to receive a portion of the company's profits, known as dividends.
The value of a stock can fluctuate based on various factors such as company performance, economic conditions, industry trends, and market demand.
Investors can profit from these fluctuations by buying stocks when they are undervalued and selling them when their value increases.
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Tinker Bell Company has the following: Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If Tinker Bell has 9,000 units on hand on December 31, the cost of the ending inventory under LIFO is a. $113,000. b. $100,000. c. $108,000. d. $99,000. a. . b. . c. . d. . 3.33333 points Save Answer QUESTION 2 Which of the following should not be included in the physical inventory of a company? a. Goods held on consignment from another company b. Goods shipped on consignment to another company c. Goods in transit from another company shipped FOB shipping point d. None of the answer choices are correct
Answer:
Question 1
b. $100,000
Question 2
(a) Goods held on consignment from another company.
Explanation:
Question 1
Calculation to determine what the cost of the ending inventory under LIFO is
Using this formula
Cost of the ending inventory =(Inventory, Jan. 1 Units*Cost )+[(Dec 31 Units on hand- Inventory, Jan. 1 Units)*Purchase, June 19 Cost ]
Let plug in the formula
Cost of the ending inventory =(8,000 * $11) + (1,000 *$12)
Cost of the ending inventory =$88,000+$12,000
Cost of the ending inventory =$100,000
Therefore the cost of the ending inventory under LIFO is $100,000
Question 2
GOODS HELD ON CONSIGNMENT FROM ANOTHER COMPANY should NOT be included in the PHYSICAL INVENTORY of a company but rather be included in the inventory of the sender of the goods which is the CONSIGNOR.
Why do you think different college majors pay for themselves at different rates?
Dixon Company produced 6,000 units of product that required 1.5 standard hours per unit. The standard fixed overhead cost per unit is $0.50 per hour at 10,000 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. a.$2,000 unfavorable b.$2,000 favorable c.$500 unfavorable d.$500 favorable
Answer:
the fixed factory overhead volume variance is $500 unfavorable
Explanation:
The computation of the fixed factory overhead volume variance is shown below:
Fixed factory overhead volume variance
= (6,000 × 1.5 - 10,000) × $0.50 per hour
= (9000 - 10000) × $0.50
= $500 Unfavorable
Hence, the fixed factory overhead volume variance is $500 unfavorable
Therefore the last option is c
Helpp plz Calculate this mortgage payment.
I need help on number 8 9 and 10 please help
Answer:
8. The opportunity cost is c. wearing the shoes
9. To gain the most satisfaction possible
10. A new toy is less exciting to a child with many toys
Explanation:
A cessation of work by union members in order to obtain economic benefits or correct an unfair labor practice is
A. a strike.
B. a cooling off period.
C. illegal.
D. a boycott.
