The amount by which overhead incurred during a period exceeds the overhead applied to jobs is: Multiple Choice O Predetermined overhead. O Actual overhead. O Overapplied overhead. O Underapplied overh

Answers

Answer 1

The amount by which overhead incurred during a period exceeds the overhead applied to jobs is Overapplied overhead.

The correct answer is Overapplied overhead.

Underapplied overhead occurs when the actual overhead incurred during a period is greater than the overhead applied to jobs. In other words, it represents a situation where the amount of overhead allocated or assigned to jobs is less than the actual overhead expenses.

Overhead refers to indirect costs incurred by a company that are not directly attributable to specific jobs or products but are necessary for the overall operation of the business. Examples of overhead costs include rent, utilities, depreciation, and indirect labor.

To allocate overhead costs to jobs, companies typically use predetermined overhead rates based on estimates and cost allocation methods. However, the actual overhead expenses incurred may differ from the estimated or applied overhead.

When the actual overhead exceeds the applied overhead, it results in underapplied overhead. This indicates that the company has not allocated enough overhead costs to its products or jobs. Underapplied overhead can arise due to various factors such as higher-than-expected indirect costs, inefficient cost control, changes in production levels, or inaccurate cost estimates.

Underapplied overhead is usually recorded as a debit balance in the overhead control account. It is considered unfavorable because it means that the company has underestimated the actual overhead expenses and, therefore, may have underpriced its products or jobs.

To adjust for underapplied overhead, the amount is typically allocated or allocated to the appropriate cost of goods sold (COGS) or inventory accounts. This adjustment helps ensure that the overhead costs are properly reflected in the financial statements and that the company's products or jobs are appropriately priced to cover the actual costs incurred.

In summary, underapplied overhead occurs when actual overhead expenses exceed the overhead allocated to jobs, indicating that the company has underestimated its indirect costs.

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Related Questions

If 36 pies and 8 cakes are to be optimally produced in the bakery, what should Noel produce? Oa. Noel should produce 30 pies and 0 cakes. Ob. Noel should produce 0 pies and 30 cakes. Oc Noel should produce 30 pies and 30 cakes. Od.Noel should produce 15 pies and 15 cakes.

Answers

If 36 pies and 8 cakes are to be ideally delivered to the pastry shop, Noel produces Noel ought to create 30 pies and 30 cakes.

The option (C) is correct.

For Noel's development of pies and cakes to be at its most significant level, he needs to make 30 of each. Along these lines, there will be an equivalent number of every item, and the pastry shop will actually want to fulfill the interest for the two pies and cakes.

This portion considers the nearest estimation to the ideal amounts of pies and cakes while boosting the creation and using the accessible assets really.

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This question is not complete, Here I am attaching the complete question:

If 36 pies and 8 cakes are to be optimally produced in the bakery, what should Noel produce?

a. Noel should produce 30 pies and 0 cakes.

b. Noel should produce 0 pies and 30 cakes.

c Noel should produce 30 pies and 30 cakes.

d.Noel should produce 15 pies and 15 cakes.


In which province is the preferential share most generous to the
surviving spouse?

a.
British Columbia

b.
Newfoundland

c.
Quebec

d.
Ontario
Global bond funds

a.
are issued by Canadian firms or go

Answers

The question seems to be incomplete and unrelated. The first part of the question mentions a preferential share for the surviving spouse, but the answer choices provided do not provide any context or information to determine which province has the most generous preferential share for the surviving spouse.

To provide a relevant answer, it would be helpful to have additional information about the specific provisions or laws regarding the preferential share for surviving spouses in each province. Without this information, it is not possible to determine the correct answer.

Regarding the second part of the question mentioning global bond funds, it appears to be unrelated and incomplete. Global bond funds are investment vehicles that invest in fixed-income securities issued by various countries around the world. However, the question does not provide any context or criteria to determine the characteristics or performance of global bond funds.

In summary, without more specific information, it is not possible to answer the question accurately or provide an explanation in paragraphs.

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Rios Corporation reports costs for the year as follows:
Direct Materials Used $465,000
Wages to Line Workers 275,000
Office Rent 52,500
Indirect Materials Used 415,000
How much is the total product costs for the year?
A. $740,000
B. $1,207,500
C. $1,155.000
D. $415.000

Answers

The total product costs amount to $740,000. Option A.

To determine the total product costs for the year, we need to consider the costs directly associated with producing the goods. In this case, the costs that fall under the category of direct materials used and wages to line workers are directly related to the production process and can be considered as part of the total product costs.

Direct Materials Used: $465,000

Wages to Line Workers: $275,000

By adding these two amounts together, we get:

$465,000 + $275,000 = $740,000

Therefore, the total product costs for the year amount to $740,000.

It's worth noting that the office rent and indirect materials used are not directly tied to the production process but rather fall under the category of indirect costs or overhead expenses. While these costs are important for the overall functioning of the company, they are not included in the calculation of total product costs.

In summary, the total product costs for the year are calculated by summing up the costs of direct materials used and wages to line workers. In this case, the total product costs amount to $740,000. SO Option A is correct.

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USA Widgets Inc. is a company located in Anytown, U.S.A. and makes widgets. Foreign Importer Inc, located in the country Foreignsica, offers to import from USAWidgets Inc. 1 million widgets. USA Widgets is willing to sell 1 million widgets to them and, taking into account various expenses, is willing to sell at the price of one U.S. Dollar (USD1.00) per widget. The exchange value between US Dollars and the Foreignsica Floreign is such that one U.S. Dollar is worth 2 Foreignsica Floreigns (USD1.00 = 2 Fl.)
The two parties to this transaction have agreed to the following terms: This transaction will be financed by a letter of credit that the buyer will have issued by a U.S. bank in favor of the seller and drafts presented under this letter of credit will be drawn at 90 day sight. The seller specifically requested that that the letter of credit be issued by Big USA Bank in Anytown, U.S.A., and the buyer has agreed. The widgets are to be shipped to the buyer in one shipment and the exporter is expected to draw under the letter of credit by presenting its draft in the amount of USD1 million drawn at 90 days sight accompanied by the following documents: invoice, packing list, and on-board ocean bill of lading. If all documentation required under the L/C is in order, Big USA Bank will accept the draft under their letter of credit, which stipulated acceptance fee (1.5% per annum] and discount fee (4% per annum] are for account of the seller.
Q1 Who is the seller?
Q2 Who is the buyer?
Q3 Who is the exporter?
Q4 Who is the importer?
Q5 Who asks for the L/C to be issued (L/C account party)?
Q6 Who is the beneficiary of the L/C?
Q7 List advantages the letter of credit financing vehicle offers the buyer and seller over other methods of payment:
Q8 What will the purchase price for the widgets be equivalent to in Foreignsica Floreigns?
Q9 What amount will the seller net if seller decides to discount the draft? (based on 90 days)
Q10 Of what business value (benefit) is it to seller to discount the draft? (List benefits)
Q11 Of what business value (benefit) is it to seller not to discount the draft, but instead wait until maturity to receive payment? (List benefits)
Q12 How is the seller "financing" the buyer through this letter of credit, and of what business value (benefit) is this to the buyer? (List benefits)
Q13 List reasons why the seller requested the letter of credit be issued by a U.S. bank, when the buyer is located in a foreign country, Foreignsica:

Answers

1: The seller is USA Widgets Inc.

2: The buyer is Foreign Importer Inc.

3: The exporter is USA Widgets Inc.

4: The importer is Foreign Importer Inc.

5: The buyer (Foreign Importer Inc.) asks for the L/C to be issued.

6: USA Widgets Inc. (the seller) is the beneficiary of the L/C.

8: The purchase price for the widgets will be equivalent to 2 million Foreignsica Floreigns.

9: The seller will net USD 960,000 if the seller decides to discount the draft.

12: The seller is financing the buyer through the letter of credit by providing a payment guarantee from a reputable U.S. bank, ensuring that the buyer's obligation will be met upon compliance with the L/C terms.

1: USA Widgets Inc. is the company located in Anytown, U.S.A. that manufactures and sells widgets.

2: Foreign Importer Inc. is the company located in the country Foreignsica that intends to import the widgets from USA Widgets Inc.

3: In this transaction, USA Widgets Inc., the seller of the widgets, also acts as the exporter since they are responsible for shipping the widgets to the buyer in Foreignsica.

4: Foreign Importer Inc., located in the country Foreignsica, is the company that intends to import the widgets from USA Widgets Inc.

5: The buyer is the party that requests the issuance of the letter of credit (L/C) from the U.S. bank in favor of the seller.

6: The beneficiary of the letter of credit (L/C) is the party who will receive payment under the terms and conditions specified in the L/C, in this case, USA Widgets Inc.

7: Advantages of letter of credit financing: Ensures payment security for the seller, reduces payment risks for the buyer, provides a guarantee of performance, simplifies international transactions, facilitates trust between parties, enables access to financing options, and offers a standardized method of payment.

8: The exchange rate between U.S. Dollars and Foreignsica Floreigns is 1 USD = 2 Fl. Therefore, the purchase price of 1 million widgets at a rate of USD1.00 per widget would be equivalent to 2 million Foreignsica Floreigns.

9: The seller will receive a discounted amount for the draft, which is calculated by deducting the discount fee (4% per annum) from the face value of the draft (USD 1 million).

10: Benefits of discounting the draft: Provides immediate access to funds, improves cash flow, allows for early payment of expenses or investment in other opportunities, reduces financial risk, and avoids uncertainties associated with waiting for payment at maturity.

11: Benefits of waiting until maturity to receive payment: Earns the full face value of the draft, maximizes interest income if the funds can be invested at a higher rate, allows for better cash flow management and planning, and avoids discounting fees.

12: Business value to the buyer includes increased trust and confidence in the transaction, reduced risk of non-payment, easier access to financing options, and enhanced reputation and credibility in the international market.

13: Reasons for requesting a U.S. bank to issue the L/C: U.S. banks are often considered more reliable and trustworthy in international trade, U.S. banks have established correspondent relationships with banks worldwide, U.S. banks are familiar with international trade practices and regulations, U.S. banks provide access to a robust banking infrastructure and advanced financial services, and using a U.S. bank may provide additional legal protections and recourse options in case of disputes or non-compliance.

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The closing price of a share on 28 Jan 2021 is 13.57 and risk free premium is 2% (with compound interest). A purchase right in this share with maturity 30 days has exercising price 13.85 and price 0.28 euros. Calculate the price of the corresponding sell right in the share with the same exercising price and the same maturity. The year has 360 days. Choose the answer that is closer to your calculations and select one of the following:

a. 0.24

b. 0.39

c. 0.69

d. 0.54

Answers

The selling right price is Option c. 0.69 which is the closest value

How to determine the price

From the information given, we have that;

The spot price is 13.57The exercise price is 13.85Risk-free premium is 2%

The formula for calculating present value is expressed as;

Present Value = Exercise Price / (1 + Risk-Free Premium)^(Maturity in years)

Substitute the values, we have;

Present Value == 13.85 / (1 + 0.02)^(30/360)

Find the exponent and multiply, we get;

Present Value = 13.7936

The formula for calculating the selling price is expressed as;

Sell Right Price = Call Option Price - Put Option Price + Present value

Substitute the values, we get;

SRP = 0.28 - (13.57 - 13.85) + 13.7936

SRP= 0.28 - 0.28 + 13.85 - 13.7936

SRP = 0.0696

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If velocity and aggregate output are reasonably constant (as the classical economists believed), what will happen to the price level when the money supply decreases from $5 trillion to $1 trillion?
After the money supply decreases from $5 trillion to $1 trillion, the price level will be _____ times the original price level. (Type an integer or a decimal. Round your response to two decimal places as needed.)

Answers

After the money supply decreases from $5 trillion to $1 trillion, the price level will be 0.20 times the original price level.

If velocity and aggregate output are reasonably constant (as the classical economists believed), then a decrease in money supply from $5 trillion to $1 trillion, will lead to a decrease in the price level. According to the classical economists, velocity and aggregate output were reasonably constant. In simple words, it means that if the supply of money increases, then the output and the velocity of money will also increase.

But the price level will remain constant. Similarly, if the supply of money decreases, then the output and the velocity of money will also decrease. But again, the price level will remain constant. The classical economists believed that the changes in the money supply would only affect the output and the velocity of money. But the price level would remain constant. In their opinion, the price level was determined by the supply and demand for goods and services.

And, not by the supply of money. The classical economists believed that money was neutral. This means that the changes in the money supply would not affect the real economy. In other words, the real economy would remain the same even if the supply of money changed. But the modern economists do not agree with the classical economists. According to the modern economists, the changes in the money supply can affect the real economy.

This means that if the money supply increases, then the output and the velocity of money will also increase. But the price level will also increase. Similarly, if the money supply decreases, then the output and the velocity of money will also decrease. But the price level will also decrease. Therefore, after the money supply decreases from $5 trillion to $1 trillion, the price level will be 0.20 times the original price level. (Type an integer or a decimal. Round your response to two decimal places as needed.)

The formula to calculate the price level is: Price level = Money supply / Aggregate output x Velocity of money To calculate the price level, we need to know the aggregate output and the velocity of money. However, we do not have this information. Therefore, we will assume that the aggregate output and the velocity of money are constant. We will also assume that the classical economists were right and that the changes in the money supply will not affect the output and the velocity of money.

Therefore, the formula to calculate the price level will be: Price level = Money supply / Aggregate output x Velocity of money Price level (Before) = $5 trillion / Aggregate output x Velocity of money Price level (After) = $1 trillion / Aggregate output x Velocity of money If we divide the second equation by the first equation,

we get: Price level (After) / Price level (Before) = $1 trillion / $5 trillion Price level (After) / Price level (Before) = 0.20Price level (After) = 0.20 x Price level (Before) (Type an integer or a decimal. Round your response to two decimal places as needed.)

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XYZ manufactures shoes in an oligopoly market and it faces two different demand functions price increase and price decrease: Q₁ = 6000 - 100P, and Q₂ = 960-10P₂ Given the total cost function, TC = 0.05Q². Given the total cost function, TC = 0.05Q². a) Find the price and quantity level at the kink b) Justify (using appropriate calculations) whether they are profit-maximizing ones. c) Determine the amount of XYZ's maximum total profit.

Answers

The price and quantity level at the kink are P = $30 and Q = 300.

In an oligopoly market, XYZ faces two different demand functions: Q₁ = 6000 - 100P and Q₂ = 960 - 10P₂. To find the price and quantity level at the kink, we need to equate the two demand functions. Setting Q₁ equal to Q₂, we have:

6000 - 100P = 960 - 10P₂

Simplifying the equation, we get:

100P - 10P₂ = 5040

To solve for P, we can substitute the value of P from one of the demand functions into the equation. Let's use Q₁:

100P - 10(6000 - 100P) = 5040

Simplifying further, we have:

100P - 60000 + 1000P = 5040

Combining like terms, we get:

1100P - 60000 = 5040

Adding 60000 to both sides:

1100P = 65040

Dividing both sides by 1100, we find:

P = $59.13 (rounded to the nearest cent)

Now, we can substitute the value of P back into either demand function to find the corresponding quantity level. Let's use Q₁:

Q = 6000 - 100P

Q = 6000 - 100(59.13)

Q = 6000 - 5913

Q = 87

Therefore, at the kink, the price is approximately $59.13 and the quantity level is 87.

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Noor is measuring her subordinates' attendance and punctuality (promptness). Accordingly, she is using ___________ measures.

a. Trait
b. Behavioral
c. Output
d. Optimum

Answers

Noor is measuring her subordinates' attendance and punctuality (promptness). Accordingly, she is using Behavioral measures. So, the correct option is b.

The measurement of specific aspects of employees' performance by defining clear, measurable behaviors that are linked to organizational goals is known as behavioral measurement. It is intended to reduce ambiguity and subjectivity by focusing on direct observations of behaviors. Noor is measuring her subordinates' attendance and punctuality (promptness). Both of these aspects are behavioral in nature because they are linked to specific behaviors rather than personality traits or other variables that are difficult to quantify.

Measuring the performance of employees is critical for an organization because it assists in identifying areas of strength and weakness. By assessing specific aspects of workers' performance, the organization can identify areas for improvement and develop targeted interventions to boost productivity and efficiency. There are several ways to measure employee performance, but the most commonly used are trait, behavioral, and output measures.

Trait measures focus on personality traits and other personal characteristics that are thought to be linked to job performance. Behavioral measures, on the other hand, define specific, measurable behaviors that are linked to organizational goals. Finally, output measures assess the actual outcomes of employees' work. When Noor is measuring her subordinates' attendance and punctuality, she is utilizing behavioral measures. These measures concentrate on observable behaviors rather than personality traits or other variables that are difficult to quantify. Behavioral measures are considered to be the most objective and precise method of assessing employee performance because they are based on direct observations of employee behaviors. By using behavioral measures to evaluate employee attendance and punctuality, Noor can accurately assess her subordinates' performance and identify areas for improvement.

Noor is using Behavioral measures to measure the attendance and punctuality of her subordinates.So, the correct option is b

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an organizations _____ and board of directors are responsible for governance. group of answer choices executives customers retailers clients

Answers

An organization's executives and board of directors are responsible for governance. What is governance? Governance is the manner in which an organization is run and managed. It encompasses the policies, systems, and procedures that an organization uses to regulate itself.

Governance is the act of governing an organization. It refers to the policies, systems, and procedures that an organization employs to regulate itself. Governance is a crucial aspect of any organization. It outlines how an organization operates and how it is directed. This definition emphasizes the importance of an organization's executives and board of directors in governance.

An organization's executives and board of directors are responsible for governance. This is due to the fact that they have the authority to make decisions on behalf of the organization. The board of directors is responsible for overseeing the organization's strategic direction and ensuring that the organization adheres to its policies and procedures. The executives, on the other hand, are responsible for carrying out the organization's day-to-day activities and ensuring that the organization meets its goals and objectives.

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Purchase Budget,
Green Lighting Supply plans inventory levels (at cost) at the
end of each month as follows: May $271,000; June $449,000; July
$209,000; and August $241,000.

Answers

Green Lighting Supply has inventory levels (at cost) of $271,000 in May, $449,000 in June, $209,000 in July, and $241,000 in August. To ensure that there is enough inventory to meet demand and avoid stockouts, a purchase budget can be developed.

Purchase budget is a comprehensive financial plan used by businesses to ensure that they have adequate resources to achieve their sales targets. This budget is used to predict future cash outflows that will be required to purchase the goods and services required to meet the anticipated demand.

A purchase budget can be developed by first estimating the expected sales for the budget period. Next, the required ending inventory level is calculated by determining the desired number of units that should be available at the end of the budget period.

The required ending inventory level is then subtracted from the expected beginning inventory level to determine the required units of inventory that must be purchased.To determine the cost of the inventory, the required units of inventory are multiplied by the cost per unit.

The total cost of inventory can then be broken down into monthly purchases to create the purchase budget. This ensures that there is enough inventory to meet demand without incurring unnecessary costs.

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how could the firm managers in "identifying assets in low-valued uses and devise ways to profitably move them to higher-valued uses" (froeb et al, 2018)?

Answers

Innovation can help firms identify new uses for existing assets, which can help them move these assets to higher-valued uses.

Firm managers can identify assets in low-valued uses and devise ways to profitably move them to higher-valued uses by using the following methods:

1. Research and analysis; Firm managers can identify assets in low-valued uses by conducting research and analysis to identify assets that can be used for higher-valued uses. This can be done by analyzing market trends, conducting feasibility studies, and examining consumer demand.

2. Asset mapping; Asset mapping is the process of identifying and categorizing assets based on their value and potential uses. This method helps managers identify low-valued assets and devise ways to move them to higher-valued uses.

3. Collaboration with stakeholders; Firm managers can also collaborate with stakeholders such as customers, suppliers, and partners to identify assets that can be used for higher-valued uses. This can be done by conducting surveys and focus groups to identify consumer needs and preferences.

4. Experimentation and innovation: Firm managers can also identify assets in low-valued uses by experimenting with new products and services. This can be done by investing in research and development to create new products and services that can be used for higher-valued uses.

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Which of the following metrics is the most effective in determining if a Digital Marketing campaign is worthwhile?
Select one: a. Cost Per Acquisition b. Number of Clicks c. Return On Investment d. Cost Per Click

Answers

The most effective metric in determining if a Digital Marketing campaign is worthwhile is "Return On Investment" (ROI). The correct option is c.

ROI is a metric used in finance to assess how profitable an investment is in comparison to its cost. It considers both the expenses incurred and the profits made from the marketing campaign. By taking into account the financial impact and overall profitability, ROI offers a thorough evaluation of the campaign's effectiveness.

Although metrics like "Cost Per Acquisition" (CPA), "Number of Clicks" and "Cost Per Click" can offer insightful information, they do not give a complete picture of the campaign's profitability success. ROI enables companies to assess the overall financial results of their digital marketing initiatives and to allocate resources sensibly.

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Which of the following statements is incorrect regarding common stock?
a) Common stock is issued more narrowly than preferred stock.
b) The common stockholders have voting rights.
c) The common stockholders get paid after the creditors in the event of the liquidation of the corporation.
d) Common stock is the form of stock that most shareholders of a corporation own.
e) The common stockholders elect the board of directors.

Answers

The common stockholders get paid after the creditors in the event of the liquidation of the corporation is incorrect regarding common stock. The correct option is a.

The common stockholders are paid out after the creditors and preferred stockholders in the case of a corporation's liquidation. The lowest priority in terms of claims on a corporation's assets and profits is provided by common stock which represents ownership in the businesses.

Priority in receiving payments goes to creditors like lenders and bondholders, followed by preferred stockholders and then common stockholders. As a result common stockholders are at the greatest risk and could end up with any remaining value after all other obligations have been fulfilled. The correct option is a.

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Multiple Choice:
Stock prices are _____ measures of firm value.

backward-looking
forward-looking
coincident
lagging

Answers

Stock prices are forward-looking measures of firm value.

What are stock prices?

Stock prices are generally considered to be forward-looking measures of firm value. they reflect market participants' expectations and perceptions of a company's future prospects and performance. Investors analyze various factors, including financial statements, industry trends, market conditions  and other relevant information to assess the potential future value of a company's stock.

While stock prices can be influenced by past performance and current events, they are primarily driven by expectations of future earnings, growth, and overall market sentiment. therefore, stock prices are commonly regarded as forward-looking indicators of a firm's value.

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TRUE or FALSE? Why?
If the marginal product of labor is denoted by MPL = 8 – 0.002L while the supply of labor WsL = 20 + 0.01L and the price of the product PX = 10, the equilibrium amount of labor services supplied and consumed is L = 40.

Answers

If the marginal product of labor is denoted by MPL = 8 – 0.002L while the supply of labor WsL = 20 + 0.01L and the price of the product PX = 10, the equilibrium amount of labor services supplied and consumed is L = 40 is true.

The statement is FALSE.MPL = 8 – 0.002L, WsL = 20 + 0.01L, and PX = 10MPL = PX * MPL/MPWwhere MPW is the marginal product of labor.8 – 0.002L = 10 * MPL/MPWor MPW/MPL = 10/(8 – 0.002L)WsL = WdL20 + 0.01L = MPL * PXor MPL = (20 + 0.01L)/10Substitute MPL in the first equation.10/(8 – 0.002L) = (20 + 0.01L)/10*or L = 29.41176471, which is different from 40, which is stated in the given statement. Therefore, the statement is FALSE.

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20 Beta Ltd used the following data to evaluate its current operating system.The company sells items for $24 each and used a budgeted selling price of $24 per unit. Actual : Budgeted Units sold 177.000 units 184,000 units Variable costs $1.090,000 $1,290,000 Fixed costs $804,000 $780.000
What is the static-budget variance of contribution margin?
a. $8.000 favourable b. $8,000 unfavourable c. $32,000 favourable d. $32.000 unfavourable e. None of the answers.

Answers

The static-budget variance of contribution margin is $32,000 unfavorable. The correct option is D, $32.000 unfavourable.

This is calculated as follows:

Static-budget variance of contribution margin = (Actual contribution margin - Budgeted contribution margin)

= ((Actual units sold x Actual selling price per unit - Actual variable costs) - (Budgeted units sold x Budgeted selling price per unit - Budgeted variable costs))

= ((177,000 units x $24 per unit - $1,090,000) - (184,000 units x $24 per unit - $1,290,000))

= ($4,248,000 - $1,090,000) - ($4,416,000 - $1,290,000)

= $3,158,000 - $3,126,000

= $32,000 unfavorable

Therefore, the static-budget variance of contribution margin is $32,000 unfavorable.

Therefore, the correct option is D, $32.000 unfavourable.

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The Nelson Company has $1,485,000 in current assets and $495,000 in current liabilities. Its initial inventory level is $330,000, and it will raise funds as additional notes payable and use them to increase inventory. How much can Nelson's short-term debt (notes payable) increase without pushing its current ratio below 1.8? Do not round intermediate calculations. Round your answer to the nearest dollar.

Answers

Nelson's short-term debt (notes payable) can increase $247,500 without pushing its current ratio below 1.8.

The current ratio is given as;

Current ratio = Current Assets / Current Liabilities

Also, the formula for current ratio is;

Current ratio = (Initial Current Assets + Additional Investment) / (Initial Current Liabilities + Additional Debt)

Initially, the Current ratio is;

Current ratio = $1,485,000 / $495,000

Current ratio = 3

Given that the initial inventory level is $330,000, and it will raise funds as additional notes payable and use them to increase inventory. The formula for current ratio would be;

1.8 = ($1,485,000 + Additional Investment) / ($495,000 + Additional Debt)

1.8($495,000 + Additional Debt) = $1,485,000 + Additional Investment

1.8($495,000) + 1.8(Additional Debt) = $1,485,000 + Additional Investment891,000 + 1.8(Additional Debt) = $1,485,000 + Additional Investment

1.8(Additional Debt) - Additional Investment = $1,485,000 - $891,000

0.8(Additional Debt) = $594,000

Additional Debt = $594,000 / 0.8

Additional Debt = $742,500

Therefore, Nelson's short-term debt (notes payable) can increase $742,500 - $495,000 = $247,500 without pushing its current ratio below 1.8. Hence, the answer is $247,500.

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Which one of the following measures a bond's sensitivity to changes in market interest rates? A. maturity B. yield to maturity C. duration D. Immunication E. Veld to call

Answers

Duration measures a bond's sensitivity to changes in market interest rates. Option C is the correct answer.

An asset that provides stable income and is categorized as a debt security is a bond. It offers a steady stream of revenue to its holder up to the debt's maturity date, when it is entirely repaid. Option C is the correct answer.

The duration of a bond is a measurement of how long it will take for the bond investment to be repaid with cash flows, often stated in years. A bond's price is often more susceptible to fluctuations in market interest rates the longer the tenure. The predicted change in a bond's value as a result of a certain change in the interest rate may be calculated using the duration.

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What is the difference between corporate strategy and competitive strategy? How does escalation of commitment affect decision making?

Answers

Corporate strategy is a strategic plan formulated by a company to manage and plan the various resources, businesses, and investments of the organization while competitive strategy is a strategy used by companies to gain an edge over their rivals in a competitive market. This can affect decision-making by creating a bias toward actions that are already in motion.

Corporate Strategy: Corporate strategy is a strategic plan formulated by a company to manage and plan the various resources, businesses, and investments of the organization in order to achieve its strategic objectives and achieve sustainable competitive advantage. This refers to a company's long-term strategy for maintaining and expanding its business through the allocation of resources to various ventures.

Competitive Strategy: Competitive strategy is a strategy used by companies to gain an edge over their rivals in a competitive market. It involves developing unique selling points, lowering costs, and distinguishing oneself from competitors.

Competitive strategies are geared toward attaining a competitive advantage, such as lowering costs, increasing market share, or improving customer satisfaction. It's important to note that the competitive strategy is only one aspect of an overall business strategy.

Escalation of Commitment: Escalation of commitment is the practice of sticking to a failing course of action. It arises when an individual or a company has invested resources in a particular course of action and is faced with the prospect of losing all or part of that investment if the action is abandoned.

As a result, instead of stopping and reassessing, they choose to invest even more in the hope of recouping their losses and salvaging their investment. This can be a costly mistake, as the investment may be lost, and the overall situation may worsen.

However, this can affect decision-making by creating a bias towards actions that are already in motion and by causing people to make irrational decisions based on sunk costs.

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What additional primary or secondary data should jeff gather to
complete the feasibility study and the business plan. For the
company?

Answers

A feasibility study and business plan are essential to the success of any business venture. Jeff needs to gather both primary and secondary data to complete the feasibility study and the business plan for the company.



Primary Data:Primary data is original data that is collected directly from potential customers or suppliers. It involves collecting information directly from the source. Jeff should consider conducting market research to gain an understanding of the target audience. This can be done through surveys, interviews, and focus groups.

Secondary Data:Secondary data is data that has already been collected and is readily available. Jeff can obtain secondary data from different sources.Jeff can gather data on market trends, customer demographics, competition, industry trends, and regulatory requirements. He should analyze this data to gain insight into the industry and market trends.

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Required information Exercise 23-9 (Algo) Segment elimination LO P4 [The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) inco

Answers

If the departments with sales less than avoidable costs (Department N and Department I) are eliminated, the total increase in income would be -$47,600, indicating a reduction in income.

To compute the total increase in income if the departments with sales less than avoidable costs are eliminated, we need to identify the departments that meet this criterion. In part (a) of the exercise, we determined that Department N and Department I have sales less than avoidable costs.

Next, we'll calculate the total increase in income by summing up the income (loss) values for these departments.

For Department N, the income (loss) is $-22,000, indicating a loss.

For Department I, the income (loss) is $-25,600, also indicating a loss.

To find the total increase in income, we add these two values:

Total increase in income = (-22,000) + (-25,600) = -$47,600

Therefore, if the departments with sales less than avoidable costs (Department N and Department I) are eliminated, the total increase in income would be -$47,600. This negative value indicates a reduction in income due to the elimination of these departments.

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Complete question:

Required information Exercise 23-9 (Algo) Segment elimination LO P4 [The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) income results for the year. Department M $ 77,000 Department N $ 39,000 Department o $ 70,000 Department P $ 56,000 Department I $ 38,000 Total $ 280,000 Sales Expenses Avoidable Unavoidable Total expenses Income (loss) 14,800 55,800 70,600 $ 6,400 42,400 18,600 61,000 $ (22,000) 21,600 5,200 26,800 $ 43,200 19,000 43,200 62,200 $ (6,200) 46,800 16,800 63,600 $ (25,600) 144,600 139,600 284,200 $ (4,200) Exercise 23-9 (Algo) Part 2 b. Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated. Total increase in income

5. Assume that all commercial banks are loaned up. Total deposits in the banking system are RM 200 million. The required reserve ratio is increased. The money supply will
A. Decrease
B. Increase
C. Not change because there was no change in deposits
D. Not change because the required reserve ratio has no impact on money supply

Answers

If the required reserve ratio is increased, the money supply will decrease. The correct answer is option A.

When the required reserve ratio is increased, it means that banks are required to hold a higher percentage of their deposits as reserves and can lend out less money. In this scenario, since all commercial banks are loaned up and the total deposits in the banking system remain unchanged at RM 200 million, an increase in the required reserve ratio will reduce the amount of money available for lending. This reduction in lending decreases the money supply in the economy, leading to a decrease in the overall money supply. Therefore, the correct answer is option A, the money supply will decrease.

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Rachel works for Dynamic Collectables in Alberta and earns an annual salary of $41,000.00 paid on a semi-monthly basis. The company provides its employees with group term life insurance coverage of two times annual salary and pays a monthly premium of $0.51 per $1,000.00 of coverage. Rachel uses her car for company business and receives a taxable car allowance of $40.00 per pay. The company has a defined contribution pension plan to which Rachel contributes 2% of her salary each pay.
Each pay Rachel contributes $25.00 to United Way and has $2.00 deducted for her social club membership. She also belongs to the union and pays 5% of her salary in union dues per pay period. Rachel's federal and provincial TD1 claim codes are 3. She will not reach the Canada Pension Plan or Employment Insurance annual maximums this pay period.

Calculate the employee’s net pay, following the order of the steps in the net pay template.

Answers

The net pay for Rachel, after considering her gross pay, taxable benefits, and total deductions, is $4,233.56.

Rachel's annual salary is $41,000, paid semi-monthly. The company provides its employees with group term life insurance coverage of two times their annual salary and pays a monthly premium of $0.51 per $1,000.00 of coverage.

Rachel uses her car for company business and receives a taxable car allowance of $40.00 per pay. The company has a defined contribution pension plan to which Rachel contributes 2% of her salary each pay. Rachel contributes $25.00 to United Way and has $2.00 deducted from her social club membership. She also belongs to the union and pays 5% of her salary in union dues per pay period. Rachel's federal and provincial TD1 claim codes are

3. She will not reach the Canada Pension Plan or Employment Insurance annual maximums this pay period. The net pay template is Gross Pay + Taxable Benefits - Deductions = Net PayLet's now calculate the employee's net pay by following the order of the steps in the net pay template:

Step 1: Calculate the gross pay. Gross pay is the amount an employee earns before any taxes or deductions are taken out.Gross pay = Semi-monthly salary x 2Semi-monthly salary = $41,000 / 24 (since Rachel is paid semi-monthly) = $1708.33Gross pay = $1708.33 x 2 = $3416.66Therefore, the gross pay is $3416.66.

Step 2: Calculate taxable benefits. Taxable benefits are the benefits that are subject to tax. Taxable benefits = Taxable car allowance + (Group term life insurance coverage / 12)Taxable car allowance = $40.00 per pay (since Rachel is paid semi-monthly) Taxable car allowance = $40.00 x 24 = $960.00Group term life insurance coverage = 2 x $41,000 = $82,000Monthly premium for group term life insurance coverage = $0.51 per $1,000.00 of coverage premium for group term life insurance coverage = $82,000 / 1000 x $0.51 = $41.82Taxable benefits = $960.00 + ($41.82 / 12) = $963.49Therefore, the taxable benefits are $963.49.

Step 3: Calculate the total deductions. Total deductions include all the deductions made from an employee's gross pay.Total deductions = Pension plan contribution + Union dues + United Way + Social club membershipPension plan contribution = 2% of salary per payPension plan contribution = 2 / 100 x $1708.33 = $34.17Union dues = 5% of salary per payUnion dues = 5 / 100 x $1708.33 = $85.42United Way = $25.00Social club membership = $2.00Total deductions = $34.17 + $85.42 + $25.00 + $2.00 = $146.59Therefore, the total deductions are $146.59.

Step 4: Calculate the net pay.Net pay is the amount an employee earns after all taxes and deductions have been taken out.Net pay = Gross pay + Taxable benefits - Total deductions net pay = $3416.66 + $963.49 - $146.59Net pay = $4233.56Therefore, the employee's net pay is $4233.56.

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A preferred stock from Duquesne Light Company (DQUPRA) pays $3.55 in annual dividends. If the required return on the preferred stock is 6.7 percent, what is the value of the stock and explain why the growth rate of perferred stock is 0%

Answers

The value of the preferred stock from Duquesne Light Company (DQUPRA) is approximately $52.99.

To calculate the value of the preferred stock, we can use the dividend discount model (DDM). The DDM formula for a preferred stock is:

Value of Preferred Stock = Dividend / Required Return

In this case, the annual dividend is $3.55, and the required return is 6.7 percent (or 0.067 as a decimal). Plugging these values into the formula, we can calculate the value of the preferred stock:

Value of Preferred Stock = $3.55 / 0.067 ≈ $52.99

Therefore, the value of the preferred stock from Duquesne Light Company (DQUPRA) is approximately $52.99.

As for the growth rate of preferred stock being 0%, preferred stock is known for its fixed dividend payments, which means the dividend amount remains constant over time. Preferred stockholders receive a fixed dividend without any significant changes in the dividend amount. Hence, the growth rate of preferred stock is generally considered to be 0% since there is no expected growth in the dividends.

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Alvie Thompkins was employed as a full-time instructor of mathematics at Morris Brown College. Her classes were scheduled in academic year 2007—2008 in such a way that she was able to hold down a second full-time post as a math instructor at Douglas High School. Only one other faculty member, Thompkins’s predecessor at Morris Brown College, ever held down two concurrent full-time jobs, and the college’s vice president for academic affairs testified that he had never been aware of this earlier situation. Some male part-time faculty of the college were employed full-time elsewhere. Although labeled part-timers, some of these faculty sometimes taught 9 to 12 credit hours per semester, which was about the same as many "full-time" faculty. Thompkins was told to choose between her two full-time jobs. When she refused to make a choice, she was fired. Is this a case of gender discrimination? Explain your answer. [See Thompkins v. Morris Brown College, 752 F.2d 558, 37 F.E.P. Cases 24 (11th Cir. 1985).]

Answers

The case of Alvie Thompkins potentially involves gender discrimination due to differential treatment, disparate impact, and her termination for refusing to choose between two full-time jobs.

Based on the information provided, it is possible that this case could be a case of gender discrimination. Here's why:

1. Differential treatment: Alvie Thompkins held two full-time jobs concurrently, one at Morris Brown College and another at Douglas High School.

It is stated that only one other faculty member at Morris Brown College had held two full-time jobs, and the college's vice president for academic affairs testified that he had never been aware of such a situation before.

This suggests that Thompkins was being treated differently from her male predecessor and the other male part-time faculty who were employed full-time elsewhere.

2. Disparate impact: The information also mentions that some male part-time faculty at Morris Brown College were employed full-time elsewhere. These part-time faculty members sometimes taught a similar number of credit hours as many full-time faculty members.

If these male part-time faculty members were allowed to hold multiple full-time jobs while Thompkins was told to choose between her two full-time jobs, it could indicate a disparate impact on female employees.

3. Refusal to choose and subsequent termination: When Thompkins refused to make a choice between her two full-time jobs, she was fired.

This suggests that the requirement to choose between jobs and the subsequent termination were directly related to her refusal. If there were no legitimate non-discriminatory reasons for treating Thompkins differently and firing her, it could indicate gender discrimination.

To fully understand the legal analysis and conclusion in this specific case, it is necessary to refer to the court case Thompkins v. Morris Brown College (752 F.2d 558, 37 F.E.P. Cases 24 (11th Cir. 1985)).

The court's findings would provide a more definitive answer as to whether this situation constituted gender discrimination under the applicable laws and the evidence presented in the case.

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compare and contrast selye’s with lazarus’s theory of stress. which theory seems to most accurately explain the human stress response? what elements of the stress response do the theories not explain?

Answers

Selye's theory of stress, known as the General Adaptation Syndrome, suggests that the body's response to stress follows a three-stage process: alarm, resistance, and exhaustion.

It focuses on the physiological aspects of stress and the body's general response to stressors. Lazarus's theory of stress, known as the Transactional Model, emphasizes the cognitive appraisal of stress. It suggests that stress is a result of the individual's evaluation of the situation and their perceived ability to cope with it. Lazarus emphasizes the role of subjective interpretation and individual differences in stress responses.

Both theories provide valuable insights into the stress response, but Lazarus's theory seems to more accurately explain the human stress response. It recognizes the importance of cognitive processes, individual appraisal, and the influence of perception on stress. However, both theories have limitations. They do not fully explain the psychological and emotional aspects of stress, individual variations in stress responses, and the long-term effects of chronic stress. Additionally, they may not adequately address the role of social and environmental factors in shaping the stress response.

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a competitive firm has a total cost function given by: based on this information, the firm's maginal cost (mc) is: a. 8q b. 5 c. d.

Answers

Given information is a competitive firm with a total cost function of TC(q) = 200 + 8q + 2q². We need to determine the firm's marginal cost (MC).A competitive firm is a type of firm that operates in a perfectly competitive market, which means the firm has no market power and acts as a price taker.

It is calculated as the derivative of the total cost function with respect to quantity. So, to determine MC, we need to take the derivative of the given total cost function.

TC(q) = 200 + 8q + 2q² (Given)

MC = dTC/dq

MC = d/dq (200 + 8q + 2q²)

MC = 8 + 4q

Hence, the firm's marginal cost is 8 + 4q.Option (a) is the correct answer.

More about cost function:

The cost function is a mathematical formula that represents the relationship between the production cost and the output quantity of a product. It helps firms to estimate the cost of producing a certain amount of output based on the production factors and other inputs. The cost function is used to analyze the production process and to make production decisions. The average cost (AC) is the cost per unit of output, calculated as the total cost divided by the quantity.

In conclusion, the cost function is an important tool for firms to analyze the production process and make production decisions. The marginal cost is the cost of producing one additional unit of output, and it is calculated as the derivative of the total cost function with respect to quantity.

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Suppose the cross elasticity of demand for products and B is +3.6 and for products c and D is -5.4. What can you conclude about how products A and B are related? Products C and D?

Answers

Regarding products A and B, it can be concluded that they are substitutes because the positive cross elasticity of demand suggests an increase in the demand for product B when the price of product A rises.

Regarding products C and D, it can be concluded that they are complements because the negative cross elasticity of demand indicates that an increase in the price of product C would lead to a decrease in the demand for product D.

Cross elasticity of demand measures the responsiveness of the quantity demanded of one product to a change in the price of another product. A positive cross elasticity of demand suggests that the two products are substitutes, meaning that when the price of one product increases, the demand for the other product increases as consumers switch to the cheaper alternative.

In this case, the cross elasticity of demand for products A and B is +3.6, indicating a strong positive relationship between them.

On the other hand, a negative cross elasticity of demand indicates that the two products are complements, meaning that when the price of one product increases, the demand for the other product decreases.

Consumers perceive the two products as being used together or complementing each other. In this case, the cross elasticity of demand for products C and D is -5.4, indicating a strong negative relationship between them.

Therefore, based on the given cross elasticity values, it can be concluded that products A and B are substitutes, while products C and D are complements.

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Growth in aggregate demand will:

a. Choix de groupe de réponses
b. increase unemployment.
c. move the economy to a higher point on the short-run Phillips curve.
d. cause the short-run Phillips curve to shift to the left.
e. cause deflation.

Answers

Growth in aggregate demand will b. move the economy to a higher point on the short-run Phillips curve.

The entire demand for products and services in an economy at a certain price level and time frame is known as aggregate demand. It is generated from the demand for specific commodities and services and represents the demand for an economy's whole output.  Higher total demand may boost economic activity and enhance output, which frequently necessitates hiring more staff from enterprises, lowering unemployment.

The link between unemployment and inflation is represented by the Phillips curve. The economy would advance up the Phillips curve to a higher point with greater inflation and lower unemployment if aggregate demand increased, which might result in higher inflation in the short term.

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Complete Question:

Growth in aggregate demand will:

a. increase unemployment.

b. move the economy to a higher point on the short-run Phillips curve.

c. cause the short-run Phillips curve to shift to the left.

d. cause deflation.

e. None of the above

Explain the topic thoroughly
Provide a citation to the information you are discussing
Quasi-contract
Distinguish between offers and ads

Answers

Quasi-contract refers to a legal concept that arises when there is no formal contract between parties, but the court imposes obligations on one party to prevent unjust enrichment at the expense of another party. It is also known as "implied-in-law" contract.

Quasi-contracts are based on the principle of fairness and preventing one party from benefiting unjustly from the actions or services provided by another party.

Unlike express contracts or contracts implied in fact, which are formed by mutual consent and agreement between the parties, quasi-contracts are created by the court to remedy a situation where one party would be unjustly enriched if they were allowed to retain the benefits without compensating the other party.

A common example of a quasi-contract is when someone receives goods or services mistakenly thinking they were free, and the court orders them to pay a reasonable value for those goods or services to prevent unjust enrichment.

The information provided in this explanation is based on general legal knowledge. For specific legal cases and applications of quasi-contracts, it is important to refer to relevant legal resources and consult with legal professionals.

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