Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm’s direct labor includes salaries of consultants that work at the client’s job site, and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients. Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 55,000 direct labor-hours would be required for the period’s estimated level of client service. The company also estimated $302,500 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm’s actual overhead cost for the year was $321,300 and its actual total direct labor was 58,850 hours. Required: 1. Compute the predetermined overhead rate. 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available with respect to this job: Direct materials $ 50,850 Direct labor cost $ 27,300 Direct labor hours worked 220 Compute the total job cost for the Xavier Company engagement.

lol btw u play ml? or growtopia?

Answer:

B. the recognition lag.

Explanation:

Recognition lag means the delay that lies between the economic shock arise and when it should be seen by the economist, government etc. Here the delays could be arise as the data that documented the economy state should not be available on the instant basis and after this it takes the time to analyze it correctly

Therefore as per the given situation, the option b is correct

Answer:

$242

Explanation:

Calculation to determine How much can David make this week

Earnings for David =( 22*$7) + (1100*8%)

Earnings for David=$154*$88

Earnings for David= $242

Therefore How much can David make this week is $242

Answer: Examples of sole proprietors include small businesses such as, a local grocery store, a local clothes store, an artist, freelance writer, IT consultant, freelance graphic designer, etc.

Explanation:

Answer:

option 1

$1,381,644.80

Explanation:

Alex would choose the option that has the highest present value

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

pv of option 2

Cash flow in year 0 = 20,000

Cash flow in year 1 - 6 =  $8,000

i = 6%

PV = 59,338.60

OPTION 3

Cash flow in year 1 - 6 = 13,000

i - 6%

pv = 63,925.22

option 1 has the highest present value and should be chosen  

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

2.

future value of an annuity = Annual payment x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

(1.07^10 - 1 ) / 0.07 = 13.816448

13.816448 x 100,000 = $1,381,644.80

Answer:

The net present value of the more attractive choice is:

= $1,108,800 (paying for local utility)

Explanation:

a) Data and Calculations:

Project period = 5 years

Cost of capital = 11%

                                             Local Utility   Steam Generator

Operating cost per year        $300,000           $210,000

Cost of steam generator                                  $260,000

PV (annuity factor

at 11% for 5 years)                      3.696

PV (annuity factor

at 11% for 4 years)                                                 3.102

Present value                       $1,108,800 ($300,000 * 3.696)

Present value of steam generator/

operating cost for the 1st year                        $470,000

Present value of operating cost for 4 years      651,420 ($210,000 * 3.102)

Net present value               $1,108,800           $1,121,420

Paying for the local utility is more attractive with a net present value savings of $12,620 ($1,121,420 - $1,108,800)

Answer:

The total cost will be "$56,200". A further explanation is provided below.

Explanation:

According to the question,

The cost of issue of Aug 11 will be:

= [tex]700\times 15[/tex]

= [tex]10,500[/tex] ($)

The cost of issue of Aug 18 will be:

= [tex]400\times 15+1500\times 17[/tex]

= [tex]6000 +25500[/tex]

= [tex]31,500[/tex] ($)

The cost of issue of Aug 30 will be:

= [tex]200\times 17+600\times 18[/tex]

= [tex]3400+10800[/tex]

= [tex]14,200[/tex] ($)

Now,

The total cost will be:

= [tex]10,500+31,500+14,200[/tex]

= [tex]56,200[/tex] ($)

Answer:

nice

Explanation:

Answer:

I think the answer is e. Because you the variable that if everyone stands up you cant see is omitted.

Answer:

222

Explanation:

Answer:

The answer is "[tex]10.5\%[/tex]"

Explanation:

Following are the Cap rate:

 [tex]= \frac{(Income \times (1 - vacancy\ rate) - operating \ expense)}{\text{purchase price of property}}[/tex]

[tex]= \frac{(\$ 100,000 \times 0.97 - \$ 34,000)}{\$ 600,000}\\\\= \frac{\$ 63,000}{ \$ 600,000}\\\\= 10.5\%[/tex]

Answer:

Credit cost of goods sold $100.

Debit merchandise inventory $100.

Credit accounts receivable $400.

Debit sales returns and allowances $400.

Explanation:

These are the demonstrate required journal entries of Dogs R US to record the return.

Credit cost of goods sold $100.

Debit merchandise inventory $100.

Credit accounts receivable $400.

Debit sales returns and allowances $400.

Answer:

The present value of the annuity is $73,091.50

Explanation:

Use the following formula to calculate the present value of the annuity

Present value of annuity = ( Annuity Payment x Annuity factor for first 6 years ) + [ ( Annuity Payment x Annuity factor for after 6 years ) x Present value factor  for 6 years ]

Where

Annuity Payment = $1,000

Annuity factor for first 6 years = 1 - ( 1 + 16%/12 )^-(6x12) / 16%/12 = 46.10028344

Annuity factor for after 6 years = 1 - ( 1 + 13%/12 )^-((17-6)x12) / 13%/12 = 70.0471029820

Present value factor for 6 years = ( 1 + 16%/12)^-(6x12) = 0.385329554163

Placing values in the formula

Present value of annuity = ( $1,000 x 46.10028344 ) + [ ( $1,000 x 70.0471029820 ) x 0.385329554163 ]

Present value of annuity = $46,100.28 + $26,991.22

Present value of annuity = $73,091.50

Answer:

a. True

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright. Thus, he or she supervises and ensures his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.

Generally, managers working in international businesses are expected to evaluate the attractiveness of a country as a market or location for a facility or investment before going ahead to the endorse and approve it for any business having long-term plan, goals and objectives in mind.

Some examples of the factors a manager should look out for in determining the attractiveness of a country includes freedom of expression, government policies, power supply, taxation, ease of doing business, climate, etc.

Answer:

Interest-on-interest, also referred to as 'compound interest', is the interest that is earned when interest payments are reinvested.

Answer:

False

Explanation:

False, The given information is false because coupon rate is not required while calculating the cost of the debt. Only interest rate which is also called Yield to maturity and the marginal tax rate is needed to calculate the cost of debt.

Below is the formula:

Cost of debt after the tax = Interest rate (1 - Marginal tax rate)

Answer:

Control environment

Explanation:

Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.

The main purpose of internal controls is to guarantee that loss is eliminated by ensuring that there is an accurate and reliable accounting system.

An internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency.

Hence, internal controls if properly executed helps to increase operational efficiency, protect and safeguard assets, provides accurate financial information, prevents fraudulent or unlawful behaviors, timeliness of financial records and reporting. Internal control includes the control environment.

Control environment includes policies, procedures and mindset of top management. One good example of the representation of a control environment can be found in the employee handbook or annual statement of the business firm or organization.

Answer:

Agon

Allocated joint cost $45

Sales value split off $90

additional processing cost $60

Sales value if processed further $150

Contribution from processing further $15

Xon

Allocated joint cost $75

Sales value split off $150

additional processing cost $150

Sales value if processed further $300

Contribution from processing further $0

Zeon

Allocated joint cost $330

Sales value split off $660

additional processing cost $180

Sales value if processed further $1200

Contribution from processing further $360

Explanation:

Sales split off point Xon $300 - $150 = $150

Sales split off point Zeon $900 - $90 - $150 = $660

Joint cost of Xon = 450 / 900 * 150 = 75

Joint cost of Zeon = 450 / 900 * 660 = 330

Answer:

Explanation:

Body language is an extremely important form of communication in every single culture, yet every culture has differences. For example...

Korean's tend to greet individuals with a bow. This is a form of showing respect as well as saying hello. Other cultures such as the Swiss tend to greet others with three cheek kisses.

Body language can be for many occasions such as Americans using the middle finger to show their dislike of someone. There's also Italian's closing their fingers together in form of a pinecone to show their distraught over something.

Body language has always been a way of expressing oneself and their emotions.

Answer:

The answer is "managerial accountant".

Explanation:

The economic circumstances collect and earned value collection of data, evaluating and presenting financial information for the organization or the management team of the company. These statistics will then be used to make sensible financial decisions that really can benefit the overall growth of the organization.

Managers were employing company and organizational accounts to monitor internal financial processes, revenue, spending, and budget, submit reports, determine past trends and forecast future needs, and aid economic decisions.

Answer:

$145,357.14

Explanation:

The computation of the dollar amount of your investment in Stock D is shown below:

Let us assume the  investment in D be $x

So,  

The investment in E is ($185,000 - x)

As we know that  

Portfolio beta= Respective beta × Respective investment weight

1 = (x ÷ 185,000 × 0.91 ) +(185,000 - x) ÷ 185,000 × 1.33

Here

Beta of market = 1

And, the Beta of risk-free assets=0

(1 × 185000) = 0.91x + 246050 - 1.33x

185,000 = 0.91x + 246050 - 1.33x

x = (246050 - 185,000) ÷ (1.33 - 0.91)

= $145,357.14

Answer:

Kindly check explanation

Explanation:

We create a probability distribution for the play and winning :

Possible winning, X = 0, 7, 20

Probability of winning :

Sum of 2 die rolls ; sample space = 6² = 36

P(winning 0) = (sum ≠ 2,3,5 or 6)/ sample space = 24 / 36 = 2/3

P(winning 20) = (sum = (2 or 3) / Sample space) = 9 / 36 = 1/4

P(winning 7) = (sum = (5or6) / sample space) = 3 / 36 = 1/12

Distribution table :

X _____ 0 _______ 7 _____ 20

P(x) ___ 2/3 _____ 1/4 ____ 1/12

Expected value of the game ; E(X) ;

E(X) = Σx*p(x)

E(X) = (0*2/3) + (7*1/4) + (20*1/12)

E(X) = 0 + 1.75 + 1.6667

E(X) = 3.417

E(X) = 3.42

This means the mean winning after a long play is expected to be $3.42

To know if the game should be paku in the long run : we calculate the payoff

Expected Value - cost of paly

Cost of play = $6

Payoff = 3.42 - 6 = - 2.58

Since, payoff is negative, the game should not be played.

Answer:

1. We have:

MAE = 3.60

MSE = 15.60

MAPE = 25.45

2. We have:

MAE = 2.62

MSE = 11.11

MAPE = 19.59

3. The average of all the historical data provides the more accurate forecasts for the historical data.

Explanation:

Note: This question is not correct as the average of all the historical data is asked to be used as a forecast for the next period in requirements 1 and 2 instead of the naïve method (most recent value) for the first requirement. The correct question is therefore presented before answering the question as follows:

Consider the following time series data.

Week     1      2       3      4       5       6

Value    19    13      15     12     17      15

1. Using the naïve method (most recent value) as the forecast for the next period, compute the following (Round your answers to two decimal places.) measures of forecast accuracy:

a. Mean absolute error (MAE)

b. Mean squared error (MSE)

c. Mean absolute percentage error (MAPE).

2. Using the average of all the historical data as a forecast for the next period, compute the same three values. Round your answers to two decimal places.

3. Which method appears to provide the more accurate forecasts for the historical data?

The explanation of the answer is now provided as follows:

The following formulae are to be used:

MAE = Total of Error / Number of observations

MSE = Total of Error^2 / Number of observations

MAPE = Total of Error % / Number of observations

1. Using the naïve method (most recent value) as the forecast for the next period, compute the following (Round your answers to two decimal places.) measures of forecast accuracy:

Note: See part 1 of the attached excel file for the determination of Naïve and Calculations of Error, Error^2 and Error % using the naïve method as the forecast for the next period.

From the attached excel file, we have:

MAE = 18.00 / 5 = 3.60

MSE = 78.00 / 5 = 15.60

MAPE = 127.23 / 5 = 25.45

2. Using the average of all the historical data as a forecast for the next period, compute the same three values. Round your answers to two decimal places.

Note: See part 2 of the attached excel file for the determination of Naïve and Calculations of Error, Error^2 and Error % using the average of all the historical data as a forecast for the next period.

From the attached excel file, we have:

MAE = 13.12 / 5 = 2.62

MSE = 55.55 / 5 = 11.11

MAPE = 97.94 / 5 = 19.59

3. Which method appears to provide the more accurate forecasts for the historical data?

The average of all the historical data provides the more accurate forecasts for the historical data comparing the values of its MAE, MSE and MAPE to the values of MAE, MSE and MAPE of Naive method. This is because the error values of the average of all the historical data are much lowest and more closest to the actual data.

Answer:

The total cost of the stock purchase was $ 35,371.87.

Explanation:

Since Bobby bought 550 shares of stock at $ 61.25 per share, and his broker charges 4% commission for round lots and 5% for odd lots, to calculate the total cost of the stock purchase the following calculation must be performed:

Odd lot = less than 100 shares, or sum not divisible by 100

550 = odd lot

(550 x 61.25) x 0.05 = X

33,687.5 x 0.05 = X

1,684.375 = X

33,687.5 + 1,684,375 = 35,371,875

Therefore, the total cost of the stock purchase was $ 35,371.87.

Answer:

The correct solution is provided below.

Explanation:

Given:

The cash inflow,

= $38

Interest rate,

= 7.6%

or,

= 0.076

Now,

The annually interest will be:

= [tex]38\times 0.076\times 1[/tex]

= [tex]2.89[/tex] ($)

Or,

The installment payment without interest will be:

= [tex]9.417-2.89[/tex]

= [tex]6.53[/tex] ($)

Answer:

unitary absorption production cost= $128

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

First, we need to calculate the unitary fixed manufacturing overhead:

Unitary fixed overhead= 441,000 / 7,000= $63

Now, the unitary absorption production cost:

unitary absorption production cost= 51 + 12 + 2 + 63

unitary absorption production cost= $128

Answer:

Explanation:

Answer:

Change in Excess Reserves $1,350,000

Change in Required Reserves $450,000

Explanation:

Preparation of the table to show the effect of a new deposit on excess and required reserves

Based on the information given since the REQUIRED RESERVE RATIO is 25%, which means that First Main Street Bank will hold 25% of its initial deposit leading to INCREASE in the REQUIRED RESERVE by the amount of $450,000 (25%*$1,800,000) while the remaining 75% (100%-25%) will be the EXCESS RESERVES of the amount of $1,350,000 (75%*$1,800,000).

Hence:

Amount Deposited: $1,800,000

Change in Excess Reserves=$1,350,000

Change in Required Reserves= $450,000

Therefore the effect of a new deposit on excess and required reserves will be:

Change in Excess Reserves $1,350,000

Change in Required Reserves $450,000

Answer: Hello I was able to find the Major part of the question online as attached below

answer :

Net present value ( NPV ) = $153353.91

Explanation:

NPV =  ( Present value of Cash Inflow)  - ( Present value of Cash outflow) --  ( 1 )

present value of cash inflow

i) cosmetic products = ( 5500 * 1.25 * 12) * ( 6.8137) (cost of capital )) = 562130.25

ii) land sale = ( 1500 * 300 * 1.25 ) * ( 0.8186 ) ( cost of capital )) = 179212.5

∑ present value of cash inflow = 741342.75

Present value of cash outflow  ( other expenses )

∑ present value of cash outflow = 587,988.84

NPV = 741,342.75  -  587,988.84  = $153,353.91