Masterson Company's budgeted production calls for 71,000 units in April and 67,000 units in May of a key raw material that costs $1.85 per unit. Each month's ending raw materials inventory should equal 20% of the following month's budgeted materials. The April 1 inventory for this material is 14,200 units. What is the budgeted materials purchases for April
Answer:
70,200 units
Explanation:
Calculation to determine the budgeted materials purchases for April
Using this formula
Budgeted material needed for april=April budgeted production calls +
+ (Ending inventory*Ending inventory percentage)- Beginning inventory
Let plug in the formula
Budgeted material needed for april= 71,000 + (67,000*20%) -14,200
Budgeted material needed for april= 71,000 + 13,400-14,200
Budgeted material needed for april= 70,200 units
Therefore the budgeted materials purchases for April is 70,200 units
If a bank benefits when a foreign currency declines in value, then the bank must be in a __________ position. The term below that correctly fills in the blank in the preceding sentence is: Group of answer choices
Organization costs must be expensed as incurred. b. A copyright should be considered an intangible with an indefinite life. c. The registration of a trademark or trade name lasts for 20 years and is nonrenewable. d. A patent should be amortized over the shorter of the inventor's life or its economic life.
Answer:
c. a patent should be amortized over the shorter of the inventor's life or its economic life
Explanation:
Which of the following statements concerning intangibles is true?
a. a copyright should be considered an intangible with an indefinite life
b. organization costs must be expensed as incurred
c. a patent should be amortized over the shorter of the inventor's life or its economic life
d. the registration of a trademark or tradename lasts for 20 years and is non-renewable
Patents are a right granted to an inventor to exclusively sell a product for a specific period of time usually for 20 years. During this period, others are prevented from making, using, or selling the invention. A patent should be amortized over the shorter of the inventor's life or its economic life.
Types of patents include:
1. utility patents
2. design patents
3. plant patent
Copyright gives the inventor of a product and anyone they give the permission to the right to reproduce the product. Copyrights have limited lives
What
do we
mean
by Forms
Of Ownership ?
Answer:
thats a good one
Explanation:
what are some ways the government can internalize air pollution from the consumption of cars besides tax?
- restrict access to certain areas like city centers for pollutant cars
- stop the manufacturing of cars using fossil fuel completely (the EU plans that for 2035)
- make public transportation cheaper or even free (Luxembourg did this)
- advocate the health benefits of not using a car for short trips via campaigns in differentmedia. it's cheaper and healthier to walk or ride a bike etc. whenever possible.
- make public transportation, e.g. trains, better and more time efficient (China invested a great deal of money into its train system)
- and possibly more I can't think of at the moment
If you could choose to be anything you want, what would you choose to be and why? 2-3 paragraphs
What is the basis of the law of demand?
Group of answer choices
Self-interested behavior
Marginal utility
Utility curves
Market timing
market timing
Explanation:
because that way u wont miss customers
SOMEONE HELP ME PLEASE
Which sentence describes a cooperative organization?
Cohen and his friends work in a cooperative organization.
They own and control the functions of the organization.
Their sole motive is to gain profit.
They can trade their stocks in the financial market.
The statement "They own and control the functions of the organization" best describes a cooperative organization.
A cooperative is when two or more people come together to form an organization or form a business that is democratically run and managed by them alone. This means that it is a united effort by the individuals involved to run a business.
Cooperatives may vary according to the needs and wants of the individuals. But at the same time, the rules and other policies can also be changed to suit the need of the members.Cooperatives represent a much better form of unity and accomplishments, especially for lesser known individuals or less powerful members of the society.Such individuals may be farmers, workers, individual producers, etc. who would unitedly work to accomplish common goals and beliefs.Thus, the correct answer is the second option.A cooperative organization, in short, can be best stated as the unified union or gathering of various individuals with different expertise or dreams with the aim to achieve success. They share the responsibilities among themselves and also control the functions of the organizations equally.
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'Cooperative Organization' is characterized as the 'organization that is either partially or wholly owned and regulated by its employees, customers, or tenants.'
The sentence that appropriately describes such an organization would be:
B). They own and control the functions of the organization.
In a cooperative organization,
The people willingly come forward to accomplish their common needs including various economic, communal, and cultural needs. To serve these purposes, these people collectively own an enterprise/company whose goods and services are used by them only. Each member carries equal power and rights in such an organization Agriculture, utilities, Insurance, Healthcare, etc. are some of the illustrations of such organizations.Learn more about 'Cooperative organization' here:
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I am planning to go to universal studios Florida with my friends we are a 15-16 year age group, is their any way we can go inside without supervision?
Karen has been asked to head a team at work that is charged with finding new ways to develop products for their marketing group. She has asked her team members to begin exploring approaches that have worked in the past and to identify approaches that have not worked before. Karen wants her team members to start the process of Group of answer choices
Answer:
C. adopting a questioning attitude.
Explanation:
Since in the question it is mentioned that they have to develop the products for the marketing group so for this they started to exploring the approaches that worked on the past and identified those approaches that does not worked before so here she wants that the process should be begins by adopting the questioning attitude that means they are capable to identify the errors facing in a activities they perfomed
Therefore the option c is correct
A good manager: A. gives advice freely and frequently. B. is more result-oriented than relationship-oriented. C. has a judger mind-set and low self-awareness. D. schedules time for listening to employees each day. E. believes that listening too much is a sign of indecisiveness.
Answer:
B.
Explanation:
If you're asking a good manager that keeps the busniess running the answer is B because he would get the best money results.
If you mean the best manager because CO-workers like him the answer is A, but I don't think that's what you're asking so the answer is most likely B.
IF THE ANSWER IS SELECT ALL THAT APPLY,
-A
-B
-D
The U.S. Congress enacts a new federal statute that sets different standards for the liability of businesses selling defective products. This statute applies
The new federal statute i.e. different standards should be set out and there should be the liability for selling the defective products that should be applied to all the states.
The following information should be considered:
The new federal statute should be enacted in which the different standards should be set out.In this, there is the liability for selling out the defective products and this should be applied to all states as everyone should be treated equally so all states should be considered.Therefore we can conclude that The new federal statute i.e. different standards should be set out and there should be the liability for selling the defective products that should be applied to all the states.
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Capital has diminishing returns in the Solow model, but ideas do not have diminishing returns in the Romer model because Group of answer choices capital is scarce, but new ideas are not scarce. capital is a rival object, but ideas are non-rival. capital depreciates because it is a physical object, but ideas cannot depreciate because they cannot physically break over time. capital is excludable, but ideas are non-excludable.
Answer:
capital is a rival object, but ideas are non-rival.
Explanation:
The ideas are non rivalrous and have no restrictions on their return.Samantha is a single mother raising two young children. In 2015, she was let go from her assembly line job at the car plant where she had worked for 15 years. She has a 15 hr a week job which pays $12,000.00 a year. She qualifies for and receives the earned income tax credit. What will happen to her earned income credit if Samantha gets in increase in her pay and earns $17,350 now
Answer:
Her EITC will not be decreased.
The materials price variance is the difference between the actual price of materials ______. Multiple choice question. and the standard price for materials with the difference multiplied by the standard quantity of material allowed and the standard price for materials with the difference multiplied by the actual quantity of materials times the actual quantity of materials and the standard price of materials times the standard quantity allowed for production
Answer:
and the standard price paid for direct materials multiplied by the actual quantity of direct materials purchased
Explanation:
The formula to calculate the material price variance is
Material price variance is
= (Standard price - actual price) × actual quantity
Based on the above formula, the above statement represent the formula of the material price variance
Hence, the same is to be considered
President Hoover's approach to the Great Depression was to a leave the economy alone to work itself out of trouble. b nationalize major industries. c encourage the states to stimulate spending. d work for the breakup of business monopolies. e offer federal assistance to businesses and banks but not individuals.
Answer:
e. offer federal assistance to businesses and banks but not individuals.
Explanation:
Herbert Clark Hoover was democratically elected as the 31st President of the United States of America and he served from the 4th of March, 1929 to the 4th, March, 1933.
The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).
Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.
Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.
As a result of the aforementioned negative effects, struggling businesses had to lay off workers in order to try to remain open during the Great Depression.
However, President Hoover's approach to the Great Depression was to offer federal assistance to businesses and banks but not individuals.
Pat is insured with a life insurance policy and Karen is his primary beneficiary. They are both involved in an automobile accident where Pat dies instantly and Karen dies 5 days later. Which policy provision will protect the rights of the contingent beneficiary to receive the policy benefits
Answer: Common disaster clause
Explanation:
Based in the information given in the question, the policy provision that will protect the rights of the contingent beneficiary to receive the policy benefits is the common disaster clause.
According to the common disaster clause, the primary beneficiary must survive the insured usually by a period of 30-90 days and if this doesn't happen, the benefit will be paid automatically to the secondary beneficiary.
The common disaster clause simply explains that even though there's an accident which leads to the death of the insured and the beneficiary, it'll be possible to determine that it was the beneficiary whom died last and the benefit will be given to the person accordingly.
A sales associate listed a condo for $205,000. A sales associate from a competing office called the listing associate to inform him of a verbal offer of $190,000 on the property. The listing associate did not present the verbal offer. Which statement applies to this situation
The statement that applied to the given situation is "Listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.
The information related to the transaction agent should be as follows:
The purchasers & sellers should be assisted in the real estate transactions having no financial interest.It is treated as a neutral third party but at the same time, it is bounded as per the law and the ethical principles.The other statements should not be relevant.
So, here we can conclude that a listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.
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What return do you expect earn if you buy the 3 years ,10% coupon bond today and sell it in exactly 1 year( if current price is 1051.45 rupees)
Answer:
8.02%
Explanation:
Since corporate bonds pay coupons semiannually, it would be important to first all determine the semiannual yield to maturity of this bond using a financial calculator as shown below:
We need to set the calculator to its end mode before making the following inputs:
N=6(number of semiannual coupons in 3 years=3*2=6)
PMT=50(semiannual coupon=face value*coupon rate/2=1000*10%/2=50)
PV=-1051.45 (current price)
FV=1000(bond's face value)
CPT
I/Y=4.02%
After one year, there would 4 semiannual coupons left, we can compute the bond price as shown thus:
N=4
PMT=50
I/Y=4.02(without % sign)
FV=1000
CPT
PV=1,035.56
The expected rate of return over one year is computed thus:
N=2(number of semiannual coupons in 1 year holding period)
PMT=50(the amount of each semiannual coupon)
PV= -1051.45
FV=1,035.56(selling price after one year)
CPT=4.01%(on a semiannual basis)
annual rate of return=4.01%*2=8.02%
Plastbolt, a company that manufactures and supplies plastic bottles, wants to acquire a smaller company. It plans to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns. In this scenario, Plastbolt is most likely using
Answer:
options-based planning
Explanation:
Options-based planning is defined as one that focuses on what could go wrong in a given business venture. Resources are now used to mitigate the projected issues that can arise.
In the give scenario Plastbolt is trying to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns.
So they have an option of going ahead with the venture that has better returns.
MC Qu. 01 Darius is considering buying new bedroom... Darius is considering buying new bedroom furniture. Naturally, he compares several types of beds, dressers, and bedside tables, but he also is evaluating each product's reputation, warranty, his own experience with the brand and, of course, the price. All of the components that Darius is evaluating make up Multiple Choice the total product offering. his product mix. his brand awareness. the core product evaluation.
Answer:
the total product offering.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, furniture, computer, soft drinks, motorcycles, shoes, clothes, etc.
A total product offering can be defined as all of the features and attributes of a product that a consumer evaluates when he or she is deciding whether or not to buy a particular product. Some of the important elements of a total product offering are price, convenience, guarantee, warranty, producer's reputation, buyers' past experience, speed of delivery, brand name, package, etc.
In this scenario, Darius wants to buy a new bedroom furniture. Naturally, he compares the various attributes of a product which include types, warranty, reputation, price, product experience, etc.
Hence, all of the components that Darius is evaluating make up the total product offering.
A property owner owned a tract of land that he leased to a baker for 27 years. The baker built a large bakery on the property. The baker then sold the bakery building to a buyer, assigning the lease with the property owner's approval. The buyer has failed to make a rent payment for several months and has also failed to build the cafe that the baker had agreed to build in the original lease. Who can the landlord of the property hold liable
Answer: The Baker
Explanation:
Payment is a form of contract and until payment has been done with papers signed it is not yet an agreement or a contract. The baker is still liable for anything that has to do with the land, the buyer has not paid any money and is not responsible. The landlord would hold the baker accountable, while the baker has to keep in touch with the buyer to know his interest in the property but till then, the baker is to be held accountable.
If you borrow $421 for 9 years at an interest rate of 4%, how much interest will you pay?
I will assume it as simple interest as nothing is mentioned
SI = (P × R × T)/100
SI = (421×4×9)/100
SI = 15156/100
SI = 151.56
You will pay $151.56
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Strategic alliances are more likely to be long lasting-when Group of answer choices both partners are experienced with strategic alliances and routinely enter into collaborative agreements with firms in peripheral industries. the alliance involves partners based in countries with distinctly different cultures and consumer buying habits and preferences. each partner has considerable resource weaknesses in the marketplace. they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests. the alliance involves joining forces in R
Answer:
they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests.
Explanation:
A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together.
Basically, there must be mutual understanding and assent between the parties involved in the establishment or creation of a partnership form of organization (business).
Additionally, a partnership form of business is considered to be one of the easiest type of business to start up or form once there is an agreement between two or more individuals to establish a lawful and legal business.
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.
The key principle of supply chain management can be best summed up as collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Strategic alliances are more likely to be long-lasting when they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests.
________ in the form of logos, stationery, brochures, signs, business forms, business cards, buildings, uniforms, and company trucks can be used to help a company create an identity that the public immediately recognizes.
Answer:
Corporate identity materials
Corporate marketing in the form of logos, stationery, brochures, signs, business forms, business cards, buildings, uniforms, and company trucks can be used to help a company create an identity that the public immediately recognizes.
What is Corporate marketing?Corporate marketing is the means by which a corporation or organization attracts potential customers.
A corporate marketing team is responsible for determining how to reach the company’s desired customers, and determining what kinds of advertising and messaging tactics will appeal to them
Corporate marketing infiltrates nearly every aspect of people’s lives, whether they’re conscious of it or not. People tend to notice a billboard that they drive past every day on their way to work, if only because it’s a distraction from traffic.
A direct-mail piece asking constituents to vote for a particular candidate will be noted, and a perception about the candidate’s face, posture, clothing, combined with the wording on the postcard, will be developed before it’s tossed into the recycling bin.
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An analyst has decided to identify value stocks for investment by screening for companies with high book-to-market ratios and high dividend yields. A potential drawback of using these screens to find value stocks is that the firms selected may: be those that have significantly underperformed the market. be concentrated in specific industries. have unsustainable dividend payments.
Answer: be concentrated in specific industries.
Explanation:
Companies that exhibit characteristics such as a high book-to-market ratio and high dividend yield are usually found in specific industries like the financial services sector.
Using this method would therefore lead to investments in specific industries which is riskier because the industrial risk component increases in that if the industry is adversely affected, the investors would suffer from going in on investments concentrated in one or a couple of related industries.
Darren runs a barbershop with fixed costs equal to $40 per day and a total output of 10 haircuts per day. What is his weekly total fixed cost if he is open 6 days per week
Answer:
$240
Explanation:
Darren runs Barber shop
His fixed costs daily is $40
The toal output per day is 10 haircuts
He is open 6 days in the week
Therefore weekly total fixed costs can be calculated as follows
= 40×6
= 240
Hence the weekly fixed cost is $240
A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $58; Second purchase $69; Third purchase $70. If the company sold two units for a total of $215 and used FIFO costing, the gross profit for the period would be
Answer:
like 412 or sum
Explanation:
For years, the world used a small nation in Central America as a place to assemble goods and benefit from inexpensive labor. The nation decided to shift its base from simple assembly to a full-fledged manufacture of components and finished goods. It introduced a policy that stated 65 percent of the value of a product must be produced locally. This is an example of a(n)
Answer: Local Content Requirement
Explanation:
Local Content Requirements are the rules whereby a company must get a particular amount of the final value of a good from the domestic firms by buying from the local companies or sometimes through the manufacturing of the good locally.
The local content requirements is used by the government in order to protect and develop the domestic industries and ensure economic growth.
Which of the following statements is true? Multiple Choice The short-run aggregate supply curve is downsloping. The short-run aggregate supply curve is vertical. The long-run aggregate supply curve is vertical. The long-run aggregate supply curve is upsloping.
Answer:
The long-run aggregate supply curve is vertical.
Explanation:
The short-run aggregate supply curve is upward sloping. This means that at higher prices, more output would be produced.
The long-run aggregate supply curve is vertical. This is because it is believed that in the long run only capital, labour, and technology lead to changes in the aggregate supply.
The aggregate demand curve is a graph that represents the total quantity of all goods and services demanded by the economy at different price levels. The aggregate demand curve slopes downward
