Internal control activity that provides for the investigation of variances within a formal budgeting system.
The budgeting system is what?The President and Congress can select how much money to spend, what to spend it on, and how to raise the money they have decided to spend using the budget system of the United States Government.
What is internal control?Internal control is a practice used by management, the board of directors, and other employees of a firm with the goal of providing a reasonable level of assurance that the data is accurate, timely, and reliable. of compliance with pertinent laws, regulations, rules, agreements, policies, and procedures.
To know more about internal control visit:
https://brainly.com/question/29607680
#SPJ4
(T/F) Scenario analysis can help us anticipate possible changes so we can most likely prevent them from happening.
Scenario analysis can help us anticipate possible changes so we can most likely prevent them from happening. - False
Scenario analysis is a tool that helps organizations anticipate and prepare for potential changes in the future. It involves developing and analyzing a range of possible scenarios or outcomes that could arise from different combinations of factors, like economic trends, technological developments, political events, and environmental changes.
The analysis does not necessarily help to prevent changes from happening, but it can help to be more resilient and adaptable when changes do occur. By considering a range of possible futures, organizations can better understand the implications of different scenarios and take proactive steps to mitigate potential risks and seize opportunities.
Read more about Scenario analysis on:
https://brainly.com/question/14326167
#SPJ4
based on the following information, compute cash flows from financing activities under gaap. a. purchase of investments $ 150 b. dividends paid 1,100 c. interest paid 300 d. additional borrowing from bank 2,300
The cash flows from financing activities under GAAP, given the information, can be found to be $ 1, 200
How to find the cash flow from financing activities ?A part of a company's cash flow statement called cash flow from financing activities (CFF) displays the net cash flows used to fund the business. Transactions involving debt, stock, and dividends are considered financing activities.
The issuing and repayment of equities, the payment of dividends, the issuance and repayment of debt, and capital lease obligations are all examples of financial activity. The cash flow statement will show the amount of debt or equity that companies that need funding have issued.
The cash flow from financing activities here is:
= Additional borrowing from bank - Dividends paid
= 2, 300 - 1, 100
= $ 1, 200
Find out more on financing activities at https://brainly.com/question/29766547
#SPJ1
dustin, a recent college graduate with a degree in accounting, is helping a newly formed construction company set up its accounting system. although the company had purchased accounting software, dustin wants to make certain that future reports will distinguish between current liabilities and long-term liabilities. in the future, he will need to know the amount of total current liabilities in order to
Dustin, a recent college graduate with a degree in accounting, is helping a newly formed construction company set up its accounting system. he will need to know the amount of total current liabilities in order to analyze whether the company has enough funds to pay the near-term bills
What is an accounting system.?Generally, Your company's financial records are maintained via the use of an accounting system. You would enter transactions such as invoices, money spent from the firm's bank account, bills from suppliers, and money you've spent personally on business charges into the accounting system that you use.
For the most accurate and thorough tracking of its revenue and expenditures, a company has to make use of all three of the different forms of accounting. Among them are cost accounting, management accounting, and financial accounting; each of these will be discussed in turn below.
Online accounting software, often known as software that is hosted in the cloud, is the most prevalent kind of automated accounting system. Automating tasks within the accounting cycle, such as the recording of journal entries, is one of the many benefits offered by cloud-based accounting software.
Read more about accounting system
https://brainly.com/question/24205662
#SPJ1
Answer:analyze whether the company has enough funds to pay the near-term bills
Explanation:
Of the options listed below, which are examples of diversifiable risk? I. Wildfires damage an entire town II. The federal government imposes a $1,000 fee on all business entities III. Payroll taxes are increased nationally IV. All software providers are required to improve their privacy standards Multiple Choice o I and IV only o II and III only o I and III only o I, III, and IV only o II and IV only
A. I and IV only. I. Wildfires damage an entire town. IV. All software providers are required to improve their privacy standards.
What are diversifiable risks?
The chance of losing money on investment because of a company- or industry-specific hazard is known as a particular risk or diversifiable risk. Unlike systematic risk, unsystematic risk can only be reduced via diversification for an investor. By making investments in a variety of assets, an investor uses diversification to reduce risk. The risk that is unique to a corporation is referred to as unsystematic risk (also known as diversifiable risk). This kind of risk could be brought on by spectacular occurrences like a strike, natural disasters like fires, or even something as simple as declining sales. Business risk and financial risk are two typical types of unsystematic risk.
To learn more about diversifiable risks click on the given link:
https://brainly.com/question/14636474
#SPJ1
attacks require adversaries to send packets to a known service on the intermediary with a spoofed source address of the actual target system whereas
In reflection attacks require adversaries to send packets to a known service on the intermediary with a spoofed source address of the actual target system.
What in marketing terms is a direct attack?a frontal assault
This is a frontal assault that draws on the strength of the opponents. Typically, the attack is carried out by providing clients with reduced prices, better products, aggressive advertising, or improved service quality. This kind of attack is dangerous because losing will harm your business's reputation, clients, and sales.
How does reflection attack work?In a reflection attack, the attacker sends a request for information, typically using the User Datagram Protocol (UDP) or, in some cases, the Transmission Control Protocol, while impersonating the target's IP address (TCP). The server then replies to the request by delivering a response to the IP address of the destination.
To know more about aggressive advertising visit:
https://brainly.com/question/28134238
#SPJ4
T/F: Buyers of a particular new car model are being offered zero-percent financing. This is an example of a promotional allowance.
It is true that buyers of a particular new car model are being offered zero-percent financing. This is an example of a promotional allowance.
A price cut or discount given by a manufacturer to a representative of the marketing channel in exchange for unique product promotion.
The term "promotional allowances" refers to the retail value of any complementary goods or services given to customers, including but not limited to lodging, food, drinks, merchandise, chips, tokens, entertainment, and other services.
Discounts are the term for incentives used to encourage sales, whereas allowances are the term for incentives used to encourage payments (which apply only to purchases made on credit). Retail and wholesale businesses employ discounts most frequently (for instance, when a store has a 10% off sale). A marketing cooperative allowance or promotional allowance are other names for an advertising stipend. A strategy like this is an economical way to assist producers, distributors, wholesalers, etc.
Know more about promotional allowance here:
https://brainly.com/question/17192427
#SPJ4
_______ is the largest self-regulatory mechanism by which fair advertising and selling practices are promoted by the business community across all industries.
The Better Business Bureau
BBB is the largest self-regulatory mechanism by which fair advertising and selling practices are promoted by the business community across all industries .
What exactly is the BBB (Better Business Bureau)?A private group called the Better Business Bureau (BBB) informs the public about companies and nonprofits. It also deals with client concerns concerning businesses. The nonprofit bureau has created a scale from A+ to F-based rating system for companies. The ethics and performance of each company are taken into account when assigning a rating. The BBB advises businesses on ethical conduct. Businesses who adhere to these guidelines and pay yearly dues can be accredited by the agency. A company must operate transparently, possess the necessary permits, abide by BBB advertising guidelines, and have no unresolved customer complaints in order to be accredited.
A definition of the Better Business Bureau may include its goal of enhancing community and business trust. The public can learn more about companies, brands, and charities by using the BBB business profiles. The Council of Better Business Bureaus, a self-regulatory body, is the umbrella body for local bureaus in the United States, Canada, and Mexico.
To learn more about better business bureau visit:
https://brainly.com/question/4166921
#SPJ4
a quantitative rule of thumb for keep-versus-drop decisions is that any fixed costs avoided by dropping a product line or closing a business segment should be larger than
A quantitative rule of thumb for keep-versus-drop decisions is that any fixed costs avoided by dropping a product line or closing a business segment should be larger than the contribution margin given up.
(contribution margin = revenues - variable costs)
How does differential analysis help in making decisions about maintaining or discontinuing product lines?
To decide whether to retain a customer or let them go, managers employ differential analysis. Making decisions about a product line is done in a format analogous to that used for differential analysis. While product lines are not directly linked to sales income, variable costs, or fixed costs, they are.
When deciding whether to preserve a product line or shut down a company division, a quantitative rule of thumb is that any fixed expenses saved by doing so should be greater than the contribution margin lost.
Therefore, product lines are not directly linked to sales income, variable costs, or fixed costs.
Learn more about the rule of thumb from the given link.
https://brainly.com/question/943703
#SPJ4
A backward pass through a network is used to determine the earliest start and finish times for each project activity. t/f
This claim is untrue. The earliest start and finish times for each project activity are determined without performing a backward transit over the network.
How are the early start and early end times decided upon?In other words, the Early Start (ES) position of the first activity is set to zero when the calculation begins. To do the remaining calculations, apply the following formulas: Highest (or Maximum) EF value from the most recent Predecessor equals an early start (s) ES plus Duration equals an early finish.
What do the terms "early start" and "early end" in project management mean?Early Start: When an activity can start as soon as possible. The earliest time a particular activity can finish. The latest time that a task can start. the earliest time a particular activity can finish.
Learn more about Early Start (ES) position: https://brainly.com/question/29215742
#SPJ4
True or False: an advertising campaign is a series of different and unrelated ads that use multiple themes and appear in different media over a long period of time.
It is false that an advertising campaign is a series of distinct and independent advertisements that use multiple themes and appear in various media over time.
What is the advertising campaign process?Step 1: Determine your goals and budget. Step 2: Identify your target audience. Step 3: Compose your message. Step 4: Develop a media strategy. Step 5: Conduct marketing campaigns.
What makes a good advertising campaign?The best advertising campaigns are often those that clearly communicate your brand equity to your audience, either intrinsically or externally. People don't want to work hard to understand what you're trying to convey. So be sure to communicate your message clearly and avoid confusion.
What are types of advertising campaigns?The type of advertising allows marketers to create campaigns that are relevant to the right people. Example: Display ads. Video ads. Mobile advertising. Native advertising. People who are interested in sports are very likely to be interested in sports apparel, so a sports apparel manufacturer can increase sales by advertising on sports blogs.
To learn more advertising campaign visit:
https://brainly.com/question/27375742
#SPJ4
if the entrepreneur fails to pay the loan, that collateral is given up or surrendered to satisfy payment of the debt.
The statement " if the entrepreneur fails to pay the loan, that collateral is given up or surrendered to satisfy payment of the debt." is true.
Give a brief account on collateral.Often, the sort of loan will predetermine the kind of collateral. Your home becomes the security for a mortgage when you apply. When you take out a car loan, the vehicle serves as collateral. Cars, provided they are fully paid off, bank savings deposits, and investment accounts are among the main forms of collateral that lenders accept. Retirement savings are rarely accepted as security.
Not only from payday lenders, but for other types of extremely short-term loans as well. Such loans are provided by conventional banks; the periods are often no more than a few weeks. Even in cases of true emergencies, you should carefully read the tiny print and compare rates. These short-term loans are an option.
To know more about, collateral, visit :
https://brainly.com/question/6779619
#SPJ1
you are analyzing the cost of debt for a firm. you know that the firm's 14-year maturity, 7.8 percent coupon bonds are selling at a price of $1,052.38. the bonds pay interest semiannually. if these bonds are the only debt outstanding for the firm, answer the following questions.
Debt cost after tax amounts 8.75%. If the company's only outstanding debt is these bonds.
What is a cost, exactly?Cost is the sum of money spent by a business to produce or create goods or services. It excludes the overall profit markup. Cost is the sum of revenue spent on making a good or product, viewed from the seller's view.
Briefing:
Find the YTM which is the pretax cost of debt.
Using a financial calculator, input the following and adjust the coupon payment, time and interest rate to semi-annual basis.
Maturity of the bond; N= 14*2=28
Face value : FV = 1000
Price of the bond ; PV =$1,052.38
Semiannual Coupon payment; PMT = semiannual coupon rate* Face value
Semiannual Coupon payment; PMT = (7.8%/2)*1000 = 39
then compute the semiannual rate; CPT I/Y = 6.25%
Annual rate; YTM ; pretax cost of debt = 6.25*2 = 12.5%
Next, find after tax cost of debt;
After tax cost of debt = pretax cost of debt (1-tax)
= 0.125 (1 -0.30)
= 0.0875 or 8.75% as a percentage
Therefore; after tax cost of debt = 8.75%
To know more about cost visit:
https://brainly.com/question/15135554
#SPJ4
QUESTION 24 Layla runs a startup that makes custom engraved floor tiles. Her business is growing rapidly and she needs a cloud vendor to provide her with an operating system and a database management system. In this scenario, which of the following services will the vendor provide? a. Paas b. laaS c. Web hosting d. VPN e. CDN
In the scenario that we have here the type of service that the vendor will provide is called the PaaS. Option A
What is meant by PaaS?This is a service platform. Platform as a Service (PaaS) is a full-featured cloud development and deployment environment that has the tools you need to produce everything from basic cloud-based apps to complex corporate applications.
Offers you with computer platforms, which typically contain an operating system, an environment for executing programming languages, a database, a web server, etc. Examples include Windows Azure, Go.ogle App Engine, Heroku, Force.com, AWS Elastic Beanstalk, and Apache Stratos.
Platform as a Service (PaaS) is a full-featured cloud environment that has all the servers, operating systems, networking, storage, middleware, tools, and other components that developers need to create, run, and maintain applications.
Read more on PaaS here: https://brainly.com/question/20600180
#SPJ1
T/F. flow time depends not only on the actual time to perform the tasks required, but also on how many other entities are in the work-in-process stage.
"Flow time depends not only on the actual time to perform the tasks required, but also on how many other entities are in the work-in-process stage." is True Option A
What is the work-in-process stage??Generally, These are items for sale that are presented through one or more stages of the production process. Due to the fact that they are in an incomplete condition, you are unable to sell them. You should consider anything to be in the process of being worked on after it has been touched by human hands. Finished Goods are the items that have undergone their final assembly and are now ready to be sold.
Flow time, also known as cycle time, is the time it takes for a product or service to be completed from start to finish. It is affected by the actual time required to perform the tasks involved in the process, as well as the number of other entities that are in the work-in-process (WIP) stage at the same time.
If there are many other entities in the WIP stage, it can increase the flow time because it may take longer to complete the tasks, as resources may be stretched thin and there may be more competition for those resources.
On the other hand, if there are fewer entities in the WIP stage, it may take less time to complete the tasks, resulting in a shorter flow time.
Read more about work-in-process stage.
https://brainly.com/question/13461933
#SPJ1
. under normal conditions, which of the following would be most likely to increase the coupon rate required for a bond to be issued at par?
It is to be noted that under normal conditions, the factor that would be most likely to increase the coupon rate required for a bond to be issued at par is: the addition of a sinking fund.
What is a sinking fund?A sinking fund is a fund formed by an economic organization by putting aside money over time to meet a future capital outlay or debt repayment.
A sinking fund is a method of saving money for a certain purchase by setting away a little amount each month. Sinking funds function as follows: each month, you set away money in one or more categories to be utilized at a later period.
Learn more about coupon rates:
https://brainly.com/question/16913107
#SPJ1
Rose Bush Nursery purchased a delivery truck for $27,000. The truck is expected to have a useful life of 4 years and a residual value of $1,080. If the truck was purchased on June 1, 2013, what is the amount of depreciation expense for the truck for the year ended December 31, 2013?
$3,780
$1,080
$6,480
$3,240
The amount of depreciation expense for the truck for the year ended December 31, 2013 will be $3,780 if it has a residual value of $1,080.
What is residual value?The estimated value of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value. In lease agreements, one of the lessor's main methodologies for figuring out how much the lessee must pay in periodic lease payments is the residual value. One of the components of a lease calculus or operation is residual value. It expresses the absolute future value of a good in monetary terms, and it is occasionally expressed as a percentage of the original purchase price. An automobile is sold today for the list price of $20,000.
To learn more about the residual value click,
https://brainly.com/question/20166157
#SPJ4
Carla Vista Solutions, Inc., has just invested $5,487,300 in new equipment. The firm uses a payback period criteria of rejecting any project that takes more than four years to recover its costs. Management anticipates cash flows of $506,300, $980,400, $997,900, $1,383,300, $3,063,800, and $2,376,100 over the next six years. (Round answer to 2 decimal places, e.g. 15.25.) What is the payback period of this investment? Payback period is enter a number of years for the payback period rounded to 2 decimal places years. Should Carla Vista Solutions, Inc. go ahead with this project? The firm select an option the project.
The firm of Carla Vista Solutions Inc, will reject the investment because payback period is more than 4 years.
A non-discounted capital planning method is the payback period. It solely takes into account the gross cash flows and ignores the time value of money. The option with a shorter payback period is preferable.
We must determine the cumulative cash flows because the cash flows are not equal in order to determine the payback time.
Year Anticipated Cashflow Cumulative Cashflow
1 $506,300 $506,300
2 $980,400 $506,300 + $980,400 = $1,486,700
3 $997,900 $1,486,700 + $997,900 = $2,484,600
4 $1,383,300 $2,484,600 + $1,383,300 = $3,867,900
5 $3,063,800 $3,867,900+ $3,063,800 = $6,931,700
6 $2,376,100 $6,931,700 + $2,376,100 = $93,07,800
The payback period spans years 4 and 5 because the initial investment was $5,487,300 and the cumulative cash flow crossed it at the end of year 5.
Payback Period = Lower Year + (Initial Investment - Cumulative cash flow at lower year) / Cash flow of the higher year
= 4 years + (5,487,300 - 3,867,900)/3,063,800
= 4years + 1619400/3063800
= 4 years + 0.53
4.53 years (approx)
As the payback period is 4.53 years, i.e. more than 4 years, this investment does not meet the firm's payback criteria.
To know more about payback period:
https://brainly.com/question/27905788
#SPJ4
the ferguson company estimated that october sales would be 126,000 units with an average selling price of $8.60. actual sales for october were 131,000 units, and average selling price was $8.55. the sales volume variance was: multiple choice $43,000 favorable. $42,750 unfavorable. $43,000 unfavorable. $42,750 favorable.
According to the given situation in the question the sales volume variance was $6550. Unfavourable
What does a variance mean in plain English?The spread between the numbers in a data collection is the simplest definition of variance. Each number's variance, or distance from the average and from all other numbers in the set, is measured statistically.
Briefing:Variance = (budgeted selling price - actual selling price) X actual units sold
Variance = (8.60 - 8.55) * 131,000 = $6550.Unfavourable
as if the budgeted price was charged it would result in higher revenue at the current level of activity.
The sales volume variance on the other hand is favourable as more units were sold than budgeted.
To learn more about variance visit:
https://brainly.com/question/14116780
#SPJ4
* Global sourcing: a business purchases materials, manufacturing components, or services from around the world, taking advantage of international wage gaps by contracting low-cost goods and services in foreign locations.
Global sourcing is a business technique in which a corporation contracts for low-cost goods and services in other countries, taking advantage of pay differences across borders.
What is the key benefit of global sourcing?One of the key benefits of global sourcing is cost reduction. Particularly in low-cost areas, many overseas suppliers and manufacturers provide their services at a competitive rate. Businesses can frequently purchase things at a cheaper unit cost because manufacturing costs are typically lower.
How might sourcing strategies raise productivity?The study discovered that strategic sourcing helps the organization to focus on its core functions that help the firm gain strategic advantage while also acting as a mechanism by which business conditions or problems are alleviated in a manner that is more efficient or effective.
To know more about Global sourcing, visit:
brainly.com/question/28484542
#SPJ4
At the BMW plant in Spartanburg, South Carolina, rather than use a typical order-to-delivery process, it has suppliers deliver parts every four hours when the plant is in operation. BMW uses a(n) ______ inventory control system.just-in-time (JIT)
Suppliers can place orders for raw materials that are directly in line with production schedules using a Just-in-time (JIT) inventory system.
What is Just-in-time (JIT) inventory system?In order to ensure that raw materials arrive exactly when manufacturing is meant to begin, but not sooner, JIT is a sort of inventory management that necessitates careful cooperation with suppliers. Just enough inventory must be kept on hand to satisfy demand.
Advantages of JIT Inventory ManagementReduce Obsolete Inventory and Dead StockReduce Defective Product LossImproved EfficiencyRaise Inventory Turnover RatiosMinimal Inventory ObsolescenceMinimize Raw Materials on HandLocal SourcingGreater ProductivityFaster Product TurnaroundShorter Production RunsJIT inventory methodologyThe JIT inventory methodology uses a wide range of techniques to streamline processes. Small lot sizes, precision-focused attention, enhanced openness, support for cell production, and a pull (rather than push) strategy are all hallmarks of lean manufacturing.
Among the methods employed by JIT Technology are;
Maintain order by exercising tight organisational and physical restraint. Better Quality: Eliminate defects by focusing on the details and making continuous improvements. Reduced Setup Time: Create flexible changeover plans for situations where configurations need to vary to meet client demands. Small Lot Size: For JIT, one is the ideal lot size. The small size reduces hauling expenses, in-process inventory, and storage space while facilitating simple inspection and rework. A control strategy called levelling establishes a regular, level routine during the day. Flowing in harmony: Flow scheduling creates throughput strategies for an equitable labour and energy allocation. Diversified Skills: In order to maintain production, personnel with a variety of skill sets may be used.By using communication tools like those in Kanban, the entire team is kept up to date on inventory levels. The secret is to be seen.JIT inventory control system in BMWBecause BMW uses JIT inventory management, they run the danger of having production halted due to a shortage of inputs. In order to meet demand and minimise the risk brought on by supply dependencies, BMW establishes strategic connections with industry suppliers. This shows how much more dependent BMW is on its partner supplier.
To know more about (JIT) inventory system Refer to:
https://brainly.com/question/28203340
#SPJ4
vjon fell owns an in the money call option with an exercise price of $45. the call currently sells for $3.75 and the stock sells for $47.50. which of the following is the most likely call price if the stock prices rises by $2.00? multiple choice question. $4.50 $5.80 $1.75
For the following question if the stock price rises by $2.00 call price will be $5.80.
What is meant by stocks?Stocks represent ownership in a publicly listed company. on purchasing a company's stake you become the shareholder of that company. If a corporation has 100,000 shares, for instance, and you purchase 1,000 of them, you will own 1% of the business.
How exactly do stocks operate?Investors purchase stock at a predetermined price based on the market's current conditions. Investors can sell a stock for a profit if the price increases. Investors can be selling at a loss if the price declines.
To know more about stocks visit:
https://brainly.com/question/28663581
#SPJ4
About 80% of top executives say that learning to ____ is the most important skill in getting things done in the workplace
o speak dearly. o listen o filter out distractions o answer e-mails prompty
About 80% of top executives say that learning to speak dearly is the most important skill in getting things done in the work place speak dearly.
What is importance of learning management skill?The business and management abilities you have acquired throughout your professional career to date are a significant asset; of course, gaining real-world management experience is necessary to become a successful manager. Studying academic management theory at Aston University is a particularly effective combination to achieve if you're looking for the best way to build on this experience as you advance in your career, whether you want to update your skills, accelerate your development, or change to a new career path. You will get insight into both your own areas of competence and those in which you lack practical experience if you enroll in a program of study that is intended to cover all aspects of business.
To know more about learning visit:
brainly.com/question/29771120
#SPJ4
The percentage of retired older workers has increased dramatically since the introduction of Social Security.A. TrueB. FalseC. Uncertain
The statement is true : The percentage of retired older workers has increased dramatically since the introduction of Social Security.
Long-term funding issues are present for Social Security. Many young employees think the situation is so bad that they might never get a Social Security check. The reasonable answer to Social Security's funding issue is to reduce projected benefits and moderately raise payroll taxes. Raising the early qualifying age and regular retirement age for retirement pensions is a logical method to cut future payments.
The significant increase in life expectancy since Social Security's inception in the 1930s serves as justification for this revision. When the average retirement age stays the same, a rise in life expectancy corresponds to a significant increase in lifetime Social Security benefits.
Voters are against raising the retirement age. Unfortunately, this is true of any other changes that would improve Social Security's financial stability, such as tax increases and changes to the formula used to determine full payments.
To know more about social security:
https://brainly.com/question/2460666
#SPJ4
Keep-Or-Drop Decision, Alternatives, Relevant Costs
Reshier Company makes three types of rug shampooers. Model 1 is the basic model rented through hardware stores and supermarkets. Model 2 is a more advanced model with both dry-and wet-vacuuming capabilities. Model 3 is the heavy-duty riding shampooer sold to hotels and convention centers. A segmented income statement is shown below.Model 1 Model 2 Model 3 Total
Sales $270,000 $598,000 $606,500 $1,474,500 Less variable costs of goods sold (89,500) (163,640) (352,800) (605,940) Less commissions (6,000) (27,500) (20,250) (53,750) Contribution margin $174,500 $406,860 $233,450 $814,810 Less common fixed expenses: Fixed factory overhead (410,000) Fixed selling and administrative (299,000) Operating income $105,810 While all models have positive contribution margins, Reshier Company is concerned because operating income is less than 10 percent of sales and is low for this type of company. The company’s controller gathered additional information on fixed costs to see why they were so high. The following information on activities and drivers was gathered:
Driver Usage by Model
Activity Activity Cost Activity Driver Model 1 Model 2 Model 3
Engineering $76,000 Engineering hours 710 71 219 Setting up 177,000 Setup hours 12,300 12,700 29,219 Customer service 112,000 Service calls 14,300 1,580 19,219 In addition, Model 1 requires the rental of specialized equipment costing $25,000 per year.
1. Reformulate the segmented income statement using the additional information on activities. Use a minus sign to indicate any negative margins. Do NOT round interim calculations and, if required, round your answer to the nearest dollar.
Reshier Company
Segmented Income Statement
Model 1
Model 2
Model 3
Total
$
$
$
$
Contribution margin
$
$
$
$
Less traceable fixed expenses:
Product margin
$
$
$
$
Less common fixed expenses:
Operating income
$
The amount that has been added to the dropping model is $31,547.
Here we have given that Reshier Company makes three types of rug shampooers.
And we need to find the amount added to the dropping model.
While we are looking into the given question, we have identified the value of each of the department expenses as,
=> Engineering rate = $86,000 ÷ (730 + 76+ 194) = $86
=> Setting up = $196,000 ÷ (12,100+ 13,200 + 29,179) = $3.5977
=> Customer Service = $100,000 ÷ (13,400 + 1,480+ 19,179) = $2.9360
=> Fixed factory overhead = $385,000 - 86,000-195,999 - 22,000 = $81,001
=> Selling and administrative expenses= $307,000 - 99,997 = $207,003
Now, we have to reformulated income statement suggests that the profit of model 1 is negative, then the company can choose either model 2 or 3. Therefore, the product margin of model 2 is maximum, choosing model 2 will be more cost effective,
Then the Dropping model 1 will add $31,547 to the operating income.
To know more about margin here.
https://brainly.com/question/25404320
#SPJ4
If country A can produce both goods X and Y more efficiently, that is, with smaller absolute amounts of resources, than can country B:
A. then there is no possible basis for mutually advantageous specialization and trade between A and B.
B. we can conclude that A is an industrially advanced economy and B is a developing economy.
C. mutually advantageous specialization and trade between A and B may still be possible.
D. it will necessarily be advantageous for B to import both X and Y from A.
Country B can mutually advantageous specialization and trade between A and B may still be possible. Even though country A may be able to produce both goods X and Y more efficiently than country B, this does not mean that it is not possible for both countries to benefit from specialization and trade.
Country A may specialize in producing one good, while Country B specializes in producing the other. This allows both countries to benefit from economies of scale and to produce more of each good than either country could produce on its own. This mutually advantageous specialization and trade may be beneficial to both countries.
To know more about trade click here
https://brainly.com/question/11455079
#SPJ4
the focus of digital laryngeal manipulation is to decrease the excessive contraction of the muscles of the larynx. t/f
It is true that the focus of digital laryngeal manipulation is to decrease excessive contraction of muscles of the larynx.
What is manipulation?In psychology, manipulation refers to a pattern of conduct intended to take advantage of, dominate, or in some other way influence another person. Different definitions of the term include different behaviors, depending on the culture and whether they are used to refer to the general public or patients. Manipulative tendencies can be a symptom of personality disorders including borderline personality disorder, narcissistic personality disorder, or antisocial personality disorder. The personality trait known as Machiavellianism includes manipulation as a key element. Manipulation is also connected with greater levels of emotional intelligence. The two types of influence are not the same as manipulation. The right of an individual to accept or reject influence is typically regarded as being unaffected by influence, and thus makes it appear to be harmless.
To learn more about manipulation, visit:
https://brainly.com/question/29807105
#SPJ4
Match the key terms with their definitions. Write the key term letter by the appropriate numbered definition. A productivity software suite including a set of software applications, each one specializing in a type of output. The Iong bar located just beneath the title bar containing tabs, groups, and commands. A custom program or additional command that extends the functionality of a Microsoft Office program. A collection of design choices that includes colors, fonts, and special effects used to give a consistent look to a document, workbook, or presentation. A data element or metadata that is added as a document property. A component of Office that provides a concise collection of commands related to an open file and includes save and print options. A tool that displays near selected text that contains formatting commands. Relational database software used to store data and convert it into information. A feature in a document that consists of one or more lines at the bottom of each page. A predesigned file that incorporates formatting elements, such as a theme and layouts, and may include content that can be modified. A feature that enables you to search for help and information about a command or task you want to perform and will also present you with a shortcut directly t that command. A tool that copies all formatting from one area to another. Stores up to 24 cut or copied selections for use later in your computing session. A task-oriented section of a ribbon tab that contains related commands. An online app used to store, access, and share files and folders. Provides handy access to commonly executed tasks, such as saving a file and undoing recent actions. The Iong bar at the bottom of the screen that houses the Zoom slider and various View buttons. The area of blank space that displays to the left, right, top, and bottom of a document or worksheet. A technology used to store files and to work with programs that are stored in a central location on the Internet. A feature in a document that consists of one or more lines at the top of each page. or presentation.
Productivity software program is a class of application applications that assist users produce matters such as documents, databases, graphs, spreadsheets and presentations. Productivity software will increase effectivity by using facilitating people's tasks.
What are the four most common kinds of productiveness software?Common kinds of productivity software include database management structures (DBMS), word processors, spreadsheet applications, and graphics software.
What is productiveness software program software for language educating and learning?Productivity software is a device such as Excel, PowerPoint, Word, Kid Pix, publisher, and many more. These packages beautify a teacher's lesson diagram and allow the teacher to take their students beyond textbooks and boring lectures.
Learn more about Productivity software here:
https://brainly.com/question/29846545#SPJ4The process of assembling into one package a number of mortgage loans, prior to selling them to an investor is:
Before selling them to an investor, a number of mortgage loans are put together into a package using the following process is Warehousing
Bonds or loans that will be securitized through a collateralized debt obligation transaction are gathered and kept in storage as part of the Warehousing.
An intricately designed financial product called a collateralized debt obligation (CDO) is backed by a collection of loans and other interest-bearing assets.
The underwriting bank is exposed to the risks associated with keeping those assets during this interim period of three months prior to the transaction's completion. In order to prepare for releasing a collateralized debt obligation onto the market, an investment bank stores the assets. Until the goal amount is attained, the assets are kept in a warehouse account. Then, they are transferred to the corporation or trust created for the CDO.
To learn more about collateralized debt obligation click here
brainly.com/question/17328386
#SPJ4
deacon inc. experienced the following transactions during year 1, its first year in operation. issued common stock for $12,000 cash. provided $4,600 of services on account. paid $3,200 cash for operating expenses. collected $3,800 of cash from customers in partial settlement of its accounts receivable. paid a $200 cash dividend to stockholders. The amount of net cash flow from operating activities shown on deacon Company's Year 1 statement of cash flows is
The amount of net cash flow from operating activities shown on deacon Company's Year 1 statement of cash flows is 600
How to calculate net cash flow ?Cash flow is a metric for how much money a company earned or spent overall during a given period of time. On the statement of cash flows, a common financial statement, cash flow is often divided into cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities.
Spending that occurs in the normal course of business is included in cash flow from operations. Payroll, the cost of items sold, rent, and utility bills are a few examples of these cash outflows. When corporate operations are very seasonal, cash outflows might vary greatly.
Given,
$3,800 of cash from customers
$3,200 cash for operating expenses.
$3,800 cash collected from revenue − $3,200 cash paid for expenses = $600 cash flow from operating activities
To learn more about net cash flow refer to :
brainly.com/question/26133430
#SPJ4
Equal opportunity laws
regulate employee rights to a safe work environment and reasonable minimum wage
regulate employee rights to medical services and compensation resulting from job-related injuries
require employers and employees to contribute to the Social Security fund
require employers to disregard gender, race, and ethnicity during the hiring process
Equal opportunity laws regulate employee rights to a safe work environment and reasonable minimum wage.
What is Equal opportunity laws?
Laws governing equal employment opportunities (EEO) forbid some forms of job discrimination in particular workplaces. The Civil Rights Center and the Office of Federal Contract Compliance Programs are two U.S. Department of Labor (DOL) organizations that deal with EEO monitoring and enforcement.
EEO is monitored in programs and initiatives receiving federal funding by the Civil Rights Center. Equal opportunity is likewise guaranteed by CRC for all DOL candidates and employees.
Employers with federal contracts and subcontracts are regulated by the Office of Federal Contract Compliance Programs.
The Equal Employment Opportunity Commission (EEOC) is an independent federal organization that works to advance equal opportunity in the workplace by enforcing federal civil rights laws administratively and legally, as well as by providing information and technical support.
To learn more on Equal opportunity laws from the link:
https://brainly.com/question/24157345
#SPJ1