Answer:
The answer is below
Explanation:
There are various benefits and challenges from the Panama Canal expansion
Some of the Benefits are:
1. There will be rapid growth in the trading activities within the Caribbean region
2. Pacific-Atlantic trade will increase generally, which will benefit the stakeholders and countries within the area including their seaports in terms of high concentration of goods, lower cost, and rapid circulation
Some of the Challenges are:
1. The need to adjust to logistical and services platforms by the Caribbean countries
2. How the stakeholders and countries around the region support and absorb the tremendous increase that is expected in the mobilization of containers.
Bookmark question for later Overhead allocation based on volume alone: results in facility support costs not being allocated among the various products. is a key aspect of the ABC model. must be used for external financial reporting. will systematically overcost high-volume products and undercost low-volume products.
Answer:
will systematically overcost high-volume products and undercost low-volume products.
Explanation:
Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.
An overhead allocation that is typically based on volume alone, will systematically overcost the high-volume products that are also complex and undercost low-volume products that are simple in nature.
Margaret sells hand-knit scarves at a flea market. Each scarf sells for $25. Margaret pays $30 to rent a vending space for one day. The variable costs are $15 per scarf. How many scarves should she sell each day in order to break even?
Answer:
The answer is 3 units
Explanation:
Break even sale is the amount of sales a firm or business needs to sell to break even , that is, the amount to sell to neither make profit nor loss.
Break even sales = Fixed cost ÷ ( unit sales - variable costs)
$30/($25 - $15)
$30/$10
=3 units
Break even sales is 3 units. That means Margaret needs to 3 units of hand-knit scarves to neither make profit or loss. Units above 3 will result into profit making while units below 3 will result into loss making.
______ consists of the activities that managers perform to plan for, attract, develop, and retain an effective workforce.
a) Arbitration
b) Formal appraisal
c) Human capital
d) Orientation
e) Human resource management
An investment opportunity requires a payment of $910 for 12 years, starting a year from today. If your required rate of return is 6.5 percent, what is the value of the investment to you today
Answer:
PV= $7,424.44
Explanation:
Giving the following information:
Annual payment (A)= $910
Number of periods (n)= 12 years
Rate of return (i)= 6.5%
To calculate the value of the investment today (PV), we need to use the following formula:
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
PV= 910*{(1/0.065) - 1/ [0.065*(1.065^12)]}
PV= $7,424.44
Freedom Co. purchased a new machine on July 2, 2019, at a total installed cost of $49,000. The machine has an estimated life of five years and an estimated salvage value of $6,600. Required: Calculate the depreciation expense for each year of the asset's life using: Straight-line depreciation. Double-declining-balance depreciation. How much depreciation expense should be recorded by Freedom Co. for its fiscal year ended December 31, 2019, under each method
Answer:. See explanation
Explanation:
1. The depreciation under the straight line method will be calculated as:
= ( cost - salvage value)/no of years
= (49000 - 6600)/5
= $42400/5
= $8480 per year
2. Using the Double-declining-balance depreciation, the depreciation will be calculated thus:
Double declining rate = 8480/42400 × 2 = 40%
Yr 1: beginning book value = $49000
Depreciation rate = 40%
Depreciation = $49000 × 0.4 = $19600
Ending book value = $29400
Yr 2: beginning book value = $29400
Depreciation rate = 40%
Depreciation = $29400 × 0.4 = $11760
Ending book value = $17640
Yr3: beginning book value = $17640
Depreciation rate = 40%
Depreciation = $17640 × 0.4 = $7056
Ending book value = $10584
Yr4: beginning book value = $10584
Depreciation rate = 40%
Depreciation = $3884 Savage value
Ending book value = $6700
An entity had the following opening and closing inventory balances during the current year: 1/1 12/31 Finished goods $ 90,000 $260,000 Raw materials 105,000 130,000 Work-in-progress 220,000 175,000 The following transactions and events occurred during the current year: $300,000 of raw materials were purchased, of which $20,000 were returned because of defects. $600,000 of direct labor costs were incurred. $750,000 of production overhead costs were incurred. The cost of goods sold for the current year ended December 31 would be A. $1,500,000 B. $1,480,000 C. $1,650,000 D. $1,610,000
Answer:
B. $1,480,000
Explanation:
The computation of the cost of the goods sold is shown below:
Direct material consumed:
beginning Inventory of RM $105,000
Add: Net Purchase ($300,000 - $20,000) $280,000
Total material available $385,000
Less: ending inventory -$130,000
Direct material consumed $255,000
Now
Cost of goods manufactured:
Beginning inventory of Wip $220,000
Current cost:
Direct material $255,000
Direct labor $600,000
Manufacturing OH $750,000
Total current cost $1,605,000
Total cost of WIP $1,825,000
Less: Ending inventory of Wip $175,000
Cost of goods manufactured $1,650,000
Cost of goods sold:
Beginning inventory of FG $90,000
Add: Cost of goods manufactured $1,650,000
Total cost of goods available for sale 1740000
Less: Ending inventory of FG -$260,000
Cost of goods sold $1,480,000
Discussion Week 3 х + -mccneb.edu/courses/16958/discussion_topics/147424 The second posting provides students an opportunity to interact with one another, simulating classroom discussion, with respect to the postings of others. This response should include a critical and respectful review of other postings. The second posting must be no less than 200 words in length to be considered for grade assessment. Any posting less than 200 words in length will not be reviewed and a grade of -- will be assigned. Subsequent postings (in addition to the aforementioned first and second posting) are invited. There is no length requirement for subsequent postings. Please note, attachments will not be opened or reviewed for grade consideration Any postings after the due date has past will not be considered for grading. Discussion 3: Please explain the difference between express and implied easements giving an example of each. Then tell us, if you wanted to know if there was ar easement that involved a property, what are the ways you could find out - i.e. where would you look and what would you look at? Then discuss the importance o implied easements to our society and provide an example. Search entries or author Unread Subscrib Reply Brianna Ferrero Sunday An express easement is created by an agreement or document, it must be in writing. For example, one neighbor may want to build a parking pad or basketball court off their driveway, but not have enough room on their lot to do so because their driveway already butts up against the property line. This individual may offer to pay the neighbor for his consent to grant an express easement for them to build a parking pad and a basketball court off their driveway that extends or the neighbors land.
aAnswer:ya
Explanation:ya
The government has imposed a fine on the Imperial Company. The fine calls for annual payments of $100,000, $250,000, and $250,000, respectively over the next three years. The first payment is due one year from today. The government plans to invest the funds until the final payment is collected and then donate the entire amount, including investment earnings, to a national health center. The government will earn 3.5% on the funds held. How much will the national health center receive three years from today
Answer: $615,872.50
Explanation:
The amount the National Health Center will receive is the sum of the future values, 3 years from now, of the annual payments of the fines.
Future value of $100,000 paid 1 year from today:
= 100,000 * (1 + 3.5%)²
= $107,122.50
Future value of $250,000 paid 2 years from now:
= 250,000 * (1 + 3.5%)
= $258,750
Future value of $250,000 paid 3 years from today:
= $250,000
Total is:
= 107,122.50 + 258,750 + 250,000
= $615,872.50
what are the similarities and differences between clv and customer equality these two measures? discuss the strengths and weaknesses of these approaches for measuring customer value. of
Answer:
Customer equity is the sum of all of our CLV's
Explanation:
CLV or customer lifetime value represents the profit that our customers give the company during their commercial relationship with us, while the customer equity is the sum of all of our CLV's, meaning that one is a macro and the other one is a micro reality, both are a statistics that can give us better information for decision making when we are targeting and creating products.
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Cost Formulas Direct labor $16.30q Indirect labor $4,100 + $2.00q Utilities $5,100 + $0.50q Supplies $1,300 + $0.40q Equipment depreciation $18,100 + $2.50q Factory rent $8,500 Property taxes $2,700 Factory administration $13,300 + $0.60q The Production Department planned to work 4,200 labor-hours in March; however, it actually worked 4,000 labor-hours during the month. Its actual costs incurred in March are listed below: Actual Cost Incurred in March Direct labor $ 66,780 Indirect labor $ 11,680 Utilities $ 7,590 Supplies $ 3,190 Equipment depreciation $ 28,100 Factory rent $ 8,900 Property taxes $ 2,700 Factory administration $ 15,050 Required: 1. Prepare the Production Department’s planning budget for the month. 2. Prepare the Production Department’s flexible budget for the month. 3. Calculate the spending variances for all expense items.
Answer:
Packaging Solutions Corporation
1. Planning Budget
Direct labor $68,460
Indirect labor $12,500
Utilities $7,200
Supplies $2,980
Equipment depreciation $28,600
Factory rent $8,500
Property taxes $2,700
Factory administration $15,820
2. Flexible Budget
Direct labor $65,200
Indirect labor $12,100
Utilities $7,100
Supplies $2,900
Equipment depreciation $28,100
Factory rent $8,500
Property taxes $2,700
Factory administration $15,700
3. Spending Variances:
Flexible Actual Spending
Budget Budget Variance
Direct labor $65,200 $66,780 $1,580 U
Indirect labor $12,100 $11,680 $420 F
Utilities $7,100 $7,590 $490 U
Supplies $2,900 $3,190 $290 U
Equipment depreciation $28,100 $28,100 $0 None
Factory rent $8,500 $8,500 $0 None
Property taxes $2,700 $2,700 $0 None
Factory administration $15,700 $15,050 $650 F
Explanation:
a) Data and Calculations:
Planned labor-hours in March = 4,200
Actual labor-hours in March = 4,000
Cost Formulas
Direct labor $16.30q
Indirect labor $4,100 + $2.00q
Utilities $5,100 + $0.50q
Supplies $1,300 + $0.40q
Equipment depreciation $18,100 + $2.50q
Factory rent $8,500
Property taxes $2,700
Factory administration $13,300 + $0.60q
Actual Cost Incurred In March:
Direct labor $ 66,780
Indirect labor $ 11,680
Utilities $ 7,590
Supplies $ 3,190
Equipment depreciation $ 28,100
Factory rent $ 8,900
Property taxes $ 2,700
Factory administration $ 15,050
Flexible Budget:
Direct labor $16.30 * 4,000 = $65,200
Indirect labor $4,100 + $2.00 * 4,000 = $12,100
Utilities $5,100 + $0.50 * 4,000 = $7,100
Supplies $1,300 + $0.40 * 4,000 = $2,900
Equipment depreciation $18,100 + $2.50 * 4,000 = $28,100
Factory rent $8,500
Property taxes $2,700
Factory administration $13,300 + $0.60 * 4,000 = $15,700
Planning Budget
Direct labor $16.30 * 4,200 = $68,460
Indirect labor $4,100 + $2.00 * 4,200 = $12,500
Utilities $5,100 + $0.50 * 4,200 $7,200
Supplies $1,300 + $0.40 * 4,200 $2,980
Equipment depreciation $18,100 + $2.50 * 4,200 = $28,600
Factory rent $8,500
Property taxes $2,700
Factory administration $13,300 + $0.60 * 4,200 = $15,820
A deposit of $90 is placed into a college fund at the beginning of every week for 5 years. The fund earns 3% annual interest, compounded weekly, and paid at the end of the week. How much is in the account right after the last deposit
Answer:
$25,249.50
Explanation:
Deposit at the beginning of every 6 month (A) = 90
Time period (t) = 5
n = 52
Rate (r) = 3% = 0.03
So, the net amount in the account right after the last deposit is as follows:
= A * [(1+r/n)^(n*t) - 1 / r/n] * (1 + r/n)
= 90 * [(1+0.03/52)^(52*5) - 1 / 0.03/52] * (1 + 0.03/52)
= 90 * [(1.16178399147 - 1 / 0.000577] * (1+0.000577)
= 90 * 280.3882 * 1.000577
= 25249.498559226
= $25,249.50
Answer:
Explanation:
The value of the initial deposit is $90, so a1=90. A total of 260 weekly deposits are made in the 5 years, so n=260. To find r, divide the annual interest rate by 52 to find the weekly interest rate and add 1 to represent the new weekly deposit.
r=1+0.0352=1.00057692308
Substitute a1=90, n=260, and r=1.00057692308 into the formula for the sum of the first n terms of a geometric series and simplify to find the value of the annuity.
S260= 90(1−1.00057692308260) / 1−1.00057692308 ≈25238.31
Therefore, to the nearest dollar, the account has $25,238 after the last deposit is made.
This is the correct answer for Knewton. That's the explanation.
Determine the promotional price of each item at each store. Item Original Price Discount (Dollars) $15.00 Off 40% Off (Dollars) (Dollars) A music box$75 $ $ A faux Ming vase$60.00 $ $ Suppose a friend of yours wants to buy a crystal candlestick. You remember seeing this item at both Annie's Attic and Betty's Breakables, but you do not remember the price. What advice should you give your friend in this situation
Answer:
Go to Betty breakables when the price of the crystal candle is > $37.5
Explanation:
Annie's attic offers $15 off any purchase
Betty breakables offers 40% off any purchase
For both stores
Music box = $75 ( non discounted price )
Faux Ming vase = $60 ( non discounted price )
Discounted prices for Music box
For Annie's attic = 75 - 15 = $60
For Betty breakables = 75 - ( 40% * 75 ) = $45
Discounted prices for Faux Ming vase
For Annie attic = 60 - 15 = $45
For Betty breakables = 60 - ( 40% *60 ) = $36
lets assume the price of the Crystal candle to be x
we will buy from betty breakables If 40% of x > $15 discount offered by Annie's
40/ 100 * x > 15
x > 100/40 * 15
x > 37.5
Go to Betty breakables when the price of the crystal candle is > $37.5
The following budget information is available for the XYZ Company for the first quarter of 2011:
Sales ($16 per unit) $320,000
Freight out $.25 per unit sold
Depreciation on Administrative Equipment $10,000
Sales & Admin. Salaries $40,000 +2% of sales
Advertising $12,000
Depreciation on Manufacturing Equipment $15,000
Lease on Sales Building $45,000
Miscellaneous Selling Expenses $5,000
All operating expenses are paid in cash in the month incurred.
If XYZ expects to sell 20,000 inventory units in the first quarter, what would be the amount of the total budgeted selling and administrative expenses for the first quarter of 2011?
a. $123,400
b. $138,400
c. $113,400
d. $293,400
Answer:
The correct answer of Option A (123400).
The correct answer of Option B (113400).
Explanation:
Budgeted Selling Expenses = Fixed Sales and Administration Salaries +
Variable Sales and Administration Expenses
+ Advertising + Miscellaneous Selling
Expenses + Lease on Sales Building +
Frieght Out + Depreciation on Administrative
Equipment
= 40000 + 2%*20000*16 + 12000 + 5000 +
45000 + 20000*.25 + 10000 = 123400
Option A (123400) is the correct answer.
Part B:
Expected Cash Outflow = Fixed Sales and Administration Salaries +
Variable Sales and Administration Expenses +
Advertising + Miscellaneous Selling Expenses +
Lease on Sales Building + Frieght Out
= 40000 + 2%*20000*16 + 12000 + 5000 +
45000 + 20000*.25 = 113400
Option B (113400) is the correct answer.
Femur Co. acquired 70% of the voting common stock of Harbor Corp. on January 1, 2014. During 2014, Harbor had revenues of $2,500,000 and expenses of $2,000,000. The amortization of excess cost allocations totaled $60,000 in 2014. What is the effect of including Harbor in consolidated net income for 2014
Answer:
$440,000
Explanation:
Calculation to determine the effect of including Harbor in consolidated net income for 2014
Using this formula
Effect of including Harbor in consolidated net income for 2014=Revenues-Expenses-Excess cost allocations
Let plug in the formula
Effect of including Harbor in consolidated net income for 2014=$2,500,000-$2,000,000-$60,000
Effect of including Harbor in consolidated net income for 2014=$440,000
Therefore Effect of including Harbor in consolidated net income for 2014 will be $440,000
A firm has forecasted sales of $4,500 in April, $3,000 in May, and $5,000 in June. All sales are on credit. 30% is collected in the month of the sale, and the remainder in the following month. What will be the balance in accounts receivable at the end of June
Answer:
$3,500
Explanation:
Calculation to determine What will be the balance in accounts receivable at the end of June
Balance in accounts receivable =June Forecasted sales* (Remaining percentage-Percentage collected)
Let Plug in the formula
Balance in accounts receivable =$5,000*(100%-30%)
Balance in accounts receivable=$5,000*70%
Balance in accounts receivable=$3,500
Therefore the balance in accounts receivable at the end of June will be $3,500
Each business day, on average, a company writes checks totaling $34,500 to pay its suppliers. The usual clearing time for the checks is five days. Meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling $45,500. The cash from the payments is available to the firm after three days.
Required:
a. Calculate the company’s disbursement float, collection float, and net float.
b. Calculate the company's disbursement float, collection float, and net float, if the collected funds were available in two days instead of three.
Answer:
Following are the response to the given question:
Explanation:
For point a:
[tex]Particulars\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount\\\\Disbursement \ \ float\ [34500 \times 5] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 172500\\\\Collection \ \ float\ [45500 \times 3] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 136500\\\\ net \ \ float \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 36000\\\\[/tex]
For point b:
[tex]Particulars\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount\\\\Disbursement \ \ float\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 172500\\\\Collection \ \ float\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 45500 \\\\ net \ \ float \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 12700\\\\[/tex]
Ignoring possible tax effects and signaling costs, the total value of a firm's equity remains the same irrespective of how the firm distributes its residual earnings-dividends or stock repurchases. Each distribution method has certain advantages and disadvantages.
Based on your understanding of dividends and stock repurchases, select the best terms to go with the statements.
Select the best term to complete the sentence Sell Buy
Repurchases give stockholders a choice to ???? their stock and realize their capital gains or keep their stock and receive future dividends. False True
Repurchases allow a firm to buy back as much stock as it wants, at whatever price it wants, without affecting shareholders. This statement is ???? True False
Dividends provide signals about a firm's future prospects, whereas some investors might misinterpret why a firm is repurchasing stock. This statement is???? Saves Increases
Repurchase transactions allow a firm to buy back stock that may be needed to fulfill obligations when employees exercise their stock options. This ???? the costs associated with issuing new shares.
Answer:
The Total Value of a Firm's Equity and Distribution Methods:
1. Repurchases give stockholders a choice to sell their stock and realize their capital gains or keep their stock and receive future dividends. False True
2. Repurchases allow a firm to buy back as much stock as it wants, at whatever price it wants, without affecting shareholders. This statement is False.
3. Dividends provide signals about a firm's future prospects, whereas some investors might misinterpret why a firm is repurchasing stock. This statement is True.
4. Repurchase transactions allow a firm to buy back stock that may be needed to fulfill obligations when employees exercise their stock options. This saves the costs associated with issuing new shares.
Explanation:
Dividends and stock repurchase are two methods of distributing net earnings by a company. Both methods reduce the equity balance by decreasing the Retained Earnings, which are components of the Stockholders' Equity. Stock repurchase is usually embarked upon by management when it wants to reduce the number of outstanding shares, increase both the demand for the shares and the price, and boast the Earnings Per Share.
Consolidated Corporation,a U.S.firm,wishes to participate,but limit its involvement,in Middle Eastern markets.Consolidated empowers Doha Ltd. ,an Egyptian firm,to enter into contracts in certain countries on behalf of Consolidated.This is:________
A) a distribution agreement.
B) an agency relationship.
C) indirect exporting.
D) direct exporting.
Answer:
B) an agency relationship.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
In this scenario, Consolidated (principal) empowers Doha Ltd., an Egyptian firm to enter into contracts in certain countries on behalf of Consolidated. Thus, this is an agency relationship.
An agency relationship can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.
Basically, Consolidated is the principal based on the agency relationship while Doha Ltd. is considered to be an agent and as such is authorized or empowered to enter into contracts in certain countries on behalf of Consolidated.
Problem 14-8 (Static) Bonds; effective interest; partial period interest; financial statement effects [LO14-2] The fiscal year ends December 31 for Lake Hamilton Development. To provide funding for its Moonlight Bay project, LHD issued 5% bonds with a face amount of $500,000 on November 1, 2021. The bonds sold for $442,215, a price to yield the market rate of 6%. The bonds mature October 31, 2041 (20 years). Interest is paid semiannually on April 30 and October 31 and is determined using the effective interest method. Required: 1. What amount of interest expense related to the bonds will LHD report in its income statement for the year ending December 31, 2021
Answer:
Lake Hamilton Development (LHD)
The amount of interest expense related to the bonds will LHD report in its income statement for the year ending December 31, 2021 is:
= $4,422.
Explanation:
a) Data and Calculations:
November 1, 2021
Face value of bonds issued = $500,000
Bonds issue price = 442,215
Discounts on bonds = $57,785
Maturity period = 20 years on October 31, 2041
Interest rate on the bonds = 5% paid semiannually
Interest payment dates = April 30 and October 31
Effective interest rate = 6%
For the two months of 2021:
Interest Payable = $4,167 ($500,000 * 5% * 2/12)
Discount amortization $255 ($4,422 - $4,167)
Interest Expense = $4,422 ($442,215 * 6% * 2/12)
Javier computer services began operations in July 2017. At the end of the company prepares monthly financial statements. It has the following information for the month.
a. At July 31, the company owed employees $1,800 in salaries that the company will pay in August.
b. On July 1, the company borrowed $40,000 from a local bank on a 10-year note. The annual interest rate is 12%.
c. Service revenue unrecorded in July totaled $3,000.
Required:
Prepare the adjusting entries needed at July 31, 2017.
Answer and Explanation:
The adjusting entries are shown below:
a. Salaries expense Dr $1,400
To Salaries payable $1,400
(being salaries expense is recorded)
b. Interest expense ($40,000 × 12% × 1 ÷12) $400
To interest payable $400
(being interest expense is recorded)
c. Account receivable Dr $3,000
To Service revenue $3,000
(being revenue is recorded)
These 3 entries should be recorded
What is a production function? How does a long-run production function differ from a short-run production function? A. A function showing the minimum output that a firm can produce for every specified combination of inputs. In the short-run production function, all inputs are variable, whereas the long-run production function has at least one fixed input.. B. A function showing the highest output that a firm can produce for every specified combination of inputs. In the short-run production function, all inputs are variable, whereas the long-run production function has at least one fixed input. C. A function showing the minimum output that a firm can produce for every specified combination of inputs. In the long-run production function, all inputs are variable, whereas the short-run production function has at least one fixed input. D. A function showing the highest output that a firm can produce for every specified combination of inputs. In the long-run production function, all inputs are variable, whereas the short-run production function has at least one fixed input.
Answer:
A
Explanation:
A machine operates with the following production cycle: 34 minutes of setup, 70 minutes of production. While in production, the machine produces 3 parts per minute. What is the capacity of the machine in parts per minute
Answer:
The capacity of the machine is 3 parts per minunte
Explanation:
First calculate the total time
Total time = Setup time + Production time
Total time = 34 minutes + 70 minutes
Total time = 104 minutes
Calculate the total units
Total Units = Production per minute x Total Time
Total Units = 3 parts per minutes x 104 minutes
Total Units = 312 parts
Now calculate the parts per minute
Parts per minute = Total Units / Total Time
Parts per minute = 312 parts / 104 minutes
Parts per minute = 3 parts per minunte
True of false are collaboration and teamwork the same thing
Answer:
I'm pretty sure its false
Explanation:
team is multiple people
while collaboration is at least 1 or 2 people
if you play video games think of squads as teammates and think of collaboration as duos, its completely different right.
On January 1, 2021. Nana Company paid $100,000 for 6200 shares of Papa Company common stock The ownership in Papa Company is 10%. Nana Company does not have significant influence over Papa Company Papa reported net income of $60,000 for the year ended December 31, 2021. The fair value of the Papa stock on that date was 563 per share. What amount will be reported in the balance sheet of Nana Company for the investment in Papa at December 31 2021?
a. $330,600
b. $315,600
c. $390,600
d. $345.600
what's is the difference between external dimensions and internal dimensions fators
Answer:
Internal Environment dimension refers internal conditions with a business or organization that effect its growth and working such as employees, machinery, working hours, funds etc.
Extern Environment dimension refers external conditions that effect business or organization growth and working such as organization's performance, profitability, and functionality
Explanation:
Internal Environment dimension refers internal conditions with a business or organization that effect its growth and working such as employees, machinery, working hours, funds etc.
Extern Environment dimension refers external conditions that effect business or organization growth and working such as organization's performance, profitability, and functionality
What are costs that can be identified specifically with a cost objective, but are not direct labor or direct material costs?
Answer:
Other direct cost (ODC)
Explanation:
Other direct cost (ODCs) are costs that can be identified specifically with a final cost objective but are not treated as either a direct material or direct labor cost. Costs are identified as other direct cost so that it would be given proper treatment. Also, identifying costs as ODC helps in infective cost allocation.
Examples of ODCs include travel cost, preservations, equipment testing, consultancy and computer services, etc.
Shelton Company has the following account balances at year-end:
Accounts receivable $140,000
Allowance for doubtful accounts 7,200
Sales discounts 4,800
Shelton should report accounts receivable at a net amount of:__________
a. $120,000.
b. $ 12,800.
c. $1 08,000.
d. $115,200
Answer:
See below
Explanation:
Given the above information, Shelton should report the account receivable at a net amount as computed below;
= Accounts receivables - Allowance for doubtful account
Accounts receivables = $140,000
Allowance for doubtful account = $7,200
= $140,000 - $7,200
= $132,800
Therefore, account receivables at a net amount is $132,800
2) Excellent Mugs Inc. produced 1,600,000 units in 2017 at a units of output per dollar of input cost was $0.09. Its cost of input at 2017 prices that would have been used in 2016 was $20,000,000. How much did the total factor productivity (TFP) increase as a result of 2017 operations
Answer:
the total factor productivity (TFP) increase as a result of 2017 operations is 12.5%
Explanation:
The computation of the total factor productivity (TFP) increase as a result of 2017 operations is given below;
The Unit produced in 2016 is
= $20,000,000 x $0.09
= 1,800,000
Now
Total factor productivity increase for the year 2017 is
= (1,800,000 - 1,600,000) ÷ 1,600,000
= 12.5%
Hence, the total factor productivity (TFP) increase as a result of 2017 operations is 12.5%
In order to present an accurate picture of the financial health of his company, Bob reported all of the expenses that had been incurred, even if they had not been paid yet. Bob is practicing the __________ principle.
a.) matching
b.) measurement/cost
c.) time period
d.) full disclosure
Answer:
a.) matching
Explanation:
Matching principle is the accounting principle in which the expenses incurred should be recorded at the same period when the revenues are earned. Also the business incurred the expenses in order to earn the revenues
So as per the given situation since Bob recognized the expenses but it is not paid so here he is using the matching principle
Therefore the option a is correct
incurred $10,000 of portfolio income. Its corporate trustee paid fiduciary fees of $1,000 therefrom, and also paid $1,000 in premiums for a life insurance policy on Marcia, the grantor of the trust. How much gross income does Marcia include with respect to these trust activities
Answer:
$1000
Explanation:
Portfolio income = $10,000
Fiduciary fees = $1,000
premiums paid for life insurance on Marcia = $1000
Fiduciary fees are fees charged by trustees and executors for services that they rendered
Therefore The amount of gross income Marcia will include being the grantor of the trust = $1000 ( 10% of portfolio income )
