Which contingency of power are unions mainly applying by going on strike at a critical time in the company's business cycle

Answers

Answer 1

Answer:

Centrality

Explanation:

By going on strike at a critical time in business cycle the contingency of power is centrality. Centrality is the degree and nature of power of interdependence that exists between between the the person holding power and others. Centrality determines the number of people who are affected by the decisions made by the person holding power.


Related Questions

The date the directors vote to pay a dividend is called the: Multiple Choice Date of declaration. Date of record.

Answers

Answer: Date of declaration

Explanation:

The declaration date is also known as announcement date. The date of declaration is the date when the board of directors announces when the next dividend will be paid.

It should be noted that the statement consist of the size of the dividend, date of the previous dividend and also the next dividend payment date.

9) Selected information regarding a company's most recent quarter follows (all data in thousands). 9) _______ Direct labor $540 Beginning work in process inventory $330 Ending work in process inventory $420 Cost of goods manufactured $1620 Manufacturing overhead $830 What was the cost of direct materials used for the quarter

Answers

Answer:

Direct material= $340

Explanation:

Giving the following information:

Direct labor $540

Beginning work in process inventory $330

Ending work in process inventory $420

Cost of goods manufactured $1620

Manufacturing overhead $830

To calculate the direct material used in production, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

1,620= 330 + DM + 540 + 830 - 420

Direct material= $340

The term used to describe the degree to which tasks in an organization are subdivided into separate jobs is called ________.

Answers

Answer:

work specialization

Explanation:

The term being described is known as work specialization. This term, also known as division of labor, is mainly used by companies in order to divide a large job position into smaller, single tasks that can be completed by one individual. The individual that is given such a task is trained thoroughly in order for them to become a specialist in that task and output more precise workloads.

A manager is attempting to assess the probability of a recession ending in the next six months and its impact on expected profitability. The manager believes there is a 75 percent chance the recession will end in six months and profits will return to $400 million. However, there is a 25 percent chance the recession will not end in six months, resulting in a $5 million loss. The expected profits over the next six months are:

Answers

Answer:

Expected profit = $298.75 million

Explanation:

To calculate the expected return or expected profits, we will simply multiply the probability of each event by the return expected in that event and take a sum the answers. Thus, the expected profit can be calculated as follows,

Expected profit = Probability of recession ending * Profit if recession ends + Probability of recession not ending * profit or loss if recession does not end

Expected profit = 0.75 * 400  +  0.25 * -5

Expected profit = $298.75 million

Domingo Corporation uses the weighted...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 2,300 units. The costs and percentage completion of these units in beginning inventory were:
Cost Percent Complete
Materials costs $7,400 50%
Conversion costs $3,600 20%
A total of 8,700 units were started and 8,000 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:
Cost
Materials costs $160,600
Conversion costs $122,300
The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs. How many units are in ending work in process inventory in the first processing department at the end of the month?
a. 700.
b. 1,700.
c. 6.400.
d. 2,700.

Answers

Answer:

3,000 units

Explanation:

Calculation for How many units are in ending work in process inventory

Using this formula

Ending work in process units =Beginning work in process units + Units started into production - Transferred to the second processing department units

Let plug in the formula

Ending work in process units= 2,300 units + 8,700 units - 8,000 units

Ending work in process units= 3,000 units

Therefore 3,000 units are in the ending work in process inventory in the first processing department at the end of the month.

Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. The interest rate that the Federal Reserve will charge University Bank is called the

Answers

Answer:

Discount rate

Explanation:

The discount rate is the rate of interest i.e. charged by the Fed for extending the loan to the commercial bank

In order to apply the expansionary monetary policy, Fed redcued the discount rate and apply the contractionary monetary policy so that the Fed could raise the interest rate

Therefore in the given case, the charge we called as a discount rate

Mangum Co. is a large company that segments its business into cost and profit centers. The Cost center for the manufacture of Product M2T incurred the following costs in October:
Direct Labor: $25/unit
Direct Materials: $80/unit
Variable Overhead: $15/unit
Traceable Fixed Costs: $62,000
Common Fixed Costs: $100,000
Sales were 2,000 units in October. Each unit sells for $210. The M2T Department is being evaluated on overall profitability. In September, the department margin was $100,000. By how much did the department margin increase or decrease in October?
a. $100,000 decrease
b. $118,000 increase
c. $18,000 increase
d. $82,000 decrease

Answers

Answer: c. $18,000 increase

Explanation:

Department margin was $100,000 in September.

October Margin = Sales - Variable Costs - Traceable Fixed Costs

= (2,000 *( 210 - 25 - 80 - 15) ) - 62,000

= (2,000 * 90) - 62,000

= $118,000

= October Margin - September Margin

= 118,000 - 100,000

= $18,000 increase

Self minus Defense ​Schools, Inc. is authorized to issue​ 200,000 shares of ​$2 par common stock. The company issued 73,000 shares at $ 5 per share. When the market price of common stock was $ 7 per​ share, Self minus Defense Schools declared and distributed a 14​% stock dividend.​ Later, Self minus Defense Schools declared and paid a $ 0.70 per share cash dividend.


Required:

a. Journalize the declaration and the distribution of the stock dividend.

b. Journalize the declaration and the payment of the cash dividend.

Answers

Answer: Please see answer in explanation column

Explanation:

Number of outstanding shares =73,000

Stock Dividend declared %  14%

Market value per share  $7

a) journal entry to record  the declaration of stock dividend

Account                                             Debit                         Credit

Stock dividend                               $71,540

Commo9n stock divo9dend redistributable                  $20,440

Paid in capital in excess of par  

($71,540 - $20,440)                                                            $51,100    

Calculations

Stock dividend = 73,000 x 14% x $7=$71,540

Common stock dividend redistributable =73,000 X 14% X $2=$20,440

b) journal entry to record  the distribution of stock dividend

Account                                                         Debit             Credit

Common stock dividend redistributable    $20,440                

Common stock                                                                 $20,440

Calculation= Common stock dividend redistributable =73,000 X 14% X $2=$20,440

c) journal entry to record the declaration of cash dividend

Account                                             Debit                         Credit

    Cash dividend                              $58,254

Dividend payable - common stock                                  $58,254              

Calculations

Cash dividend= Numberof shares outstanding×Cash dividend per share

=[73, 000 shares+(73,000 shares×14%)]×$0.70 each

=[73,000 shares+ 10,220 shares]×$0.70 each

=83,220 shares×$0.70 each

= $58,254

​  

d)journal entry to record the payment of cash dividend

Account                                                Debit                         Credit

Dividend payable - common stock   $58,254    

     Cash dividend                                                              $58,254    

On July 1, Year 1, Yellow Rose Corp. paid $25,000 cash for a machine and paid an additional 8% sales tax. On the same date, an electrician was paid $1,000 to install custom switches to enhance the functionality of the machine. Yellow Rose estimates a five-year useful life, uses straight-line depreciation, and expects a $2,000 salvage value. The machine was placed in service on October 1, Year 1. Yellow Rose has a calendar year-end.On December 31, Year 2, the machine was sold for $14,000 cash. Depreciation expense for Year 2 was properly recorded.Use the data above to prepare each of the journal entries for Yellow Rose specified below.1. Prepare the journal entry to record the cost of the machine.2. Prepare the journal entry to record the Year 1 depreciation for the machine.3. Prepare the journal entry to record the sale of the machine.

Answers

Answer:

Journal entries are given below

Explanation:

July 1, Year 1 (Yellow Rose Corp. purchased a machine)

                                            DEBIT      CREDIT

Machine                            $28,000  

Cash                                                     $28,000

Working

Cost of machine = Purchase price + Sales tax + Installation

Cost of machine =  $25,000 + $2,000 + $1,000

Cost of machine =   $28,000

Depreciation for year 1 (October to December)

                                                       DEBIT      CREDIT

Depreciation Expenses                $1,300  

Accumulated Depreciation                             $1,300

Working

Annual Depreciation expense = (Cost - salvage value) / useful life

Annual Depreciation expense = (28000 - 2000) / 5 = $5,200

Depreciation for 3 months

Depreciation = $5,200 x 3/12

Depreciation = $1300

Sale of the machine

                                                       DEBIT      CREDIT

Cash                                        $14,000  

Loss on Sale                                 $7,500  

Accumulated Depreciation         $6,500  

Machinery                                                       $28,000

Workng

Gain/Loss on sale = Sale proceed - carrying value

Gain/Loss on sale = 14,000 - 21,500

Loss on sale = $7,500

Carrying value = Cost - Accumulated depreciation

Carrying value = 28,000 - 6500 = 21500

Accumulated depreciation = $1,300 + $5,200 = $6,500

Gretta's portfolio consists of $700,000 invested in a stock that has a beta of 1.2 and $300,000 invested in a stock that has a beta of 0.8. The risk-free rate is 6% and the market risk premium is 5%. Which of the following statements is CORRECT?

a. The required return on the market is 10%.
b. The portfolio's required return is less than 11%.
c. If the risk-free rate remains unchanged but the market risk premium increases by 2%, Gretta's portfolio's required return will increase by more than 2%.
d. If the market risk premium remains unchanged but expected inflation increases by 2%, Gretta's portfolio's required return will increase by more than 2%.
e. If the stock market is efficient, Gretta's portfolio's expected return should equal.

Answers

Answer: c. If the risk-free rate remains unchanged but the market risk premium increases by 2%, Gretta's portfolio's required return will increase by more than 2%.

Explanation:

To prove the above option, the Capital Asset Pricing Model can be used.

Required Return = Risk free rate + portfolio beta(market premium)

Portfolio Beta

This the weighted average of the individual betas.

Total portfolio value = 700,000 + 300,000 = $1,000,000

= ( 1.2 * 700,000/1,000,000) + ( 0.8 * 300,000/1,000,000)

= 0.84 + 0.24

= 1.08

Required return = 6% + 1.08 ( 5%)

= 6% + 5.4%

= 11.4%

Assuming risk-free rate remains unchanged but the market risk premium increases by 2%.

Required return = 6% + 1.08 ( 5% + 2%)

= 6% + 7.56%

= 13.56%

The change in required return

= (13.56% - 11.4%)/11.4%

= 18.9%

Proving that if the risk-free rate remains unchanged but the market risk premium increases by 2%, Gretta's portfolio's required return will increase by more than 2%.

Consider the following scenario analysis:
Rate of Return
Scenario Probability Stocks Bonds
Recession 0.20 -5 % 14 %
Normal economy 0.60 15 8
Boom 0.20 25 4
Assume a portfolio with weights of .60 in stocks and .40 in bonds.
a. What is the rate of return on the portfolio in each scenario? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)
b. What are the expected rate of return and standard deviation of the portfolio? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Answers

Answer:

a. Rate of Return on the portfolio in each scenario:

Scenario Analysis:

Rate of Return

Scenario                Probability    Stocks     Bonds      Return of Return

Recession                  0.20         -5 %           14 %

= 0.20((-5% x 60%) + (14% x 40%)) = 0.0052 =               0.5%

Normal economy      0.60         15                8

= 0.60((15% x 60%) + (8% x 40%)) =  0.0732 =                7.3%              

Boom                         0.20        25               4

= 0.20((25% x 60%) + (4% x 40%) = 0.0332 =                 3.3%

Weights                     1.00          0.60          0.40

b. Expected rate of return =

Recession =                      0.0052

Normal economy =           0.0732

Boom =                             0.0332

Total expected returns = 0.1116 = 11.2%

Mean = 3.72% (11.2%/3)

Variance = 0.001168

Standard Deviation = 0.034 = 0.03

Explanation:

a) Data:

Scenario Analysis:

Rate of Return

Scenario                Probability    Stocks     Bonds

Recession                  0.20         -5 %           14 %

Normal economy      0.60         15                8

Boom                         0.20        25               4

Weights                     1.00          0.60          0.40

b) The rate of return for each portfolio is derived by weighing the securities, adding the resultant figures and applying the scenario probability.  The expected rate of return is the addition of the returns of all the portfolio under the three scenarios.  The step for obtaining the standard deviation is to calculate the mean, the variance, and getting the square root of the variance.

7. Ms. House utilizes a strategy of "Check 1 – 2- 3". Why does she do this? How do you think this was initially taught?

Answers

Explanation:

To get her student's attention. Remember, the check 1 2 3 strategy allows teachers to get an inside into the students understanding.

However, in this scenario, Ms. House uses the strategy to lower her student's voices, so as to get their attention. She likely started using this strategy at the start of the school year and kept doing it.

A technical analyst has been charting the price movements of ABC stock. The stock has been fluctuating in price between $63 and $67 per share for the past 3 months. If the analyst expects a breakout through the support level, which order should be placed

Answers

Answer:

The trader should orders to buy ABC stock or take a long position to the stock.

Explanation:

The stock has been fluctuating for 3 months, hence, its value should be well analysed. Now if there is a breakout through the support level, usually with a good quarterly performance report, the stock is likely to go "bull". Buying and holding the stock is a rational decision.

On July 1, 20X1, James and Short formed a partnership. James contributed cash. Short, previously a sole proprietor, contributed property other than cash, including realty subject to a mortgage, which the partnership assumed. Short’s capital account on July 1, 20X1, should be recorded at

Answers

Answer:

James and Short LLC

Short's capital account on July 1, 20X1 should be recorded at the fair value of contributed property minus the mortgage liability, which the partnership assumed.

Explanation:

The fair value of contributed property is the current market value of the contributed property by Short.  It is the market value that will determine how the contributed property can be valued.  The market value assumes that the contributed property is being sold in pieces and not as a whole.  This is why the value is considered a fair basis for recognizing the capital contribution of Short into the partnership.

Company FM2 must pay 100,000 in 4 years. In order to fully immunize from changes in interest rate, the company invests in a 3 year zero coupon bond that matures for 45,000 and a 5 year zero coupon bond that matures for X. The actuary for Company FM2 determined that their portfolio fully immunized their ability to meet their obligations at the current interest rate i. Calculate i.

Answers

Answer:

5. 11.1%

Explanation:

the options for this question are missing:

5%7.8%10%10.5%11.1%

I prepared the following equation:

$100,000 = $45,000(1 + i)³ + x(1 + i)⁵

There is something that we must remember about zero coupon bonds, and that is that they are sold in thousands. This equation is complex, but there is an easier way to solve it. We can plug in the options to determine which % will result in a possible answer.

The answer is 11.1%, since the other options resulted in numbers which are not even close to a thousand.

$100,000 = $45,000(1.111)³ + x(1.111)⁵

$100,000 = $61,709.88 + 1.2763x

$38,290.12 = 1.2763x

x = $38,290.12 / 1.2763 = $30,000

A customer buys 1,000 shares of XYZ at $60 in a margin account, regular way settlement. Two days after the trade, XYZ has dropped to $40. The minimum maintenance margin requirement is:

Answers

Answer:

$10,000

Explanation:

A customer buys 1,000 shares of XYZ

The shares are bought at $60 in a margin account

Two days after the price of XYZ drops to $40

The first step is to calculate the current market value

= 1,000 shares×$40

= $40,000

Therefore, the minimum maintenance margin requirement can be calculated as follows

= 25/100 × current market value

= 25/100 × 40,000

= 0.25×40,000

= $10,000

Hence the minimum maintenance margin requirement is $10,000

The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2200 units, the actual direct labor cost was $65600 for 4100 direct labor hours worked, the total direct labor variance is

Answers

Answer:

400 favorable

Explanation:

The computation of total direct labor variance is presented below:-

Total direct labor variance = (Standard rate - Standard hours) × (Actual rate - Actual hours)

= ($15 × (2 × 2,200)) - $65,600

= ($15 × 4,400) - $65,600

= $66,000 - $65,600

= 400 favorable

Therefore for determining the total direct labor variance we simply applied the above formula.

Consider the economies of Gobbledigook and Hermes, both of which produce agricultural products using only land and labor. The following tables show the supply of land, population size, and real GDP for these two economies from 2015 to 2018.
Calculate real GDP per capita for the two economies, and complete the last column of the following two tables.
Gobbledigook
Year Land Population Real GDP Real GDP per Capita
(Acres)
2011 20,000 500 $3,500
2012 20,000 1,000 $8,000
2013 20,000 1,500 $13,500
2014 20,000 2,000 $20,000
Blahnik
Year Land Population Real GDP Real GDP per Capitl
(Acres)
2011 20,000 1,000 $11,000
2012 20,000 2,000 $20,000
2013 20,000 3,000 $27,000
2014 20,000 4,000 $32,000

Answers

Answer:

Kindly check explanation and attached picture

Explanation:

Real GDP per capita = (Real GDP / Population)

Gobbledigook Real GDP per capita:

2011: ($3500 / 500) = $7

2012: ($8000 / 1000) = $8

2013: ($13,500 / 1,500) = $9

2014: ($20,000 / 2000) = $10

BLAHNIK Real GDP per Capita:

2011: ($11,000 / 1000) = $11

2012: ($20,000/2000) = $10

2013: ($27,000 / 3000) = $9

2014: ($32,000 / 4000) = $8

Consider a university that purchases replacement chairs for its classrooms. The purchasing manager knows that the annual demand for replacement chairs is 500. The pricing schedule is as follows: Use the following Excel solution to this quantity discount problem with constant carrying cost. Carrying cost = $ 15 Ordering cost = $ 200 Annual Demand = 500
Quantity Price Q Discount Q Total Cost
100 $130 115.47 115.47 $ 66,732.05
200 $122 115.47 200.00 $ 63,000.00
500 $120 115.47 500.00 $ 63,950.00
What is the inventory ordering cost using the economic order quantity?
A. $1,000
B. $866
C. $500
D. $200

Answers

Answer:

b. $866

Explanation:

Annual demand from the question = D = $500

the ordering cost = S = $200

then the cost of carrying H = $15

we have to calculate the economic order quantity

= sqr(2*D*S)/H

= sqr(2 x 500 x 200)/25

= sqr(13333.3333)

this equals 115.469

which is approximately 115.5

next we have to calculate inventory ordering cost

= (D * S)/EOQ

= 200 *500/115.5

= 865.5

When approximated becomes $866

The inventory ordering cost using the economic order quantity is: B. $866.

First step is to calculate the Economic order quantity

Economic order quantity =√(2×D×S)/H

Where:

D=Annual demand=$500

S=Ordering cost=$200

H=Holding cost =$15

Let plug in the formula

Economic order quantity =(2 x 500 x 200)/15

Economic order quantity =√200,000/15

Economic order quantity =√13333.3333

Economic order quantity =115.46

Economic order quantity = 115.5 (Approximately)

Second step is to calculate the inventory ordering cost using this formula

Inventory ordering cost= (Annual demand× Ordering cost )/Economic order quantity  

Let plug in the formula

Inventory ordering cost= (200×500)/115.5

Inventory ordering cost=100,000/115.5

Inventory ordering cost=$865.8

Inventory ordering cost=$866 (Approximately)

Inconclusion the inventory ordering cost using the economic order quantity is: B. $866.

Learn more here:https://brainly.com/question/14498670

Which of the following reasons would cause a company to reject an offer to accept business at a special price?

a. The additional sales will increase differential income.
b. The additional sales will not increase fixed expenses
c. The additional sales will increase fixed expenses
d. The additional sale will not conflict with regular sales.

Answers

Answer:

The additional sale will not conflict with regular sales.

Explanation:

Accept business at a special price if the additional sales conflict regular sales. That is, special price must maintain the status quo or improve it.

Assume a corporation has earnings before depreciation and taxes of $123,000, depreciation of $41,000, and that it has a 35 percent tax bracket. a. Compute its cash flow using the following format. (Input all answers as positive values.) b. How much would cash flow be if there were only $21,000 in depreciation

Answers

Answer:

a.                     Computation of cash flow

Earnings before depreciation and taxes    $123,000

Less: Depreciation                                         $41,000

Earnings before taxes                                   $82,000

Less: Taxes ($82,000*35%)                          $28,700

Earnings after taxes                                       $53,300

Add: Depreciation                                          $41,000

Cash Flow                                                      $94,300

b.  If Depreciation = 21,000  

                     Computation of cash flow

Earnings before depreciation and taxes  $123,000

Less: Depreciation                                          $21,000

Earnings before taxes                                    $102,000

Less: Taxes($102,000*35%)                           $35,700

Earnings after taxes                                        $66,300

Add: Depreciation                                           $21,000

Cash Flow                                                        $87,300

Two investment advisors are comparing performance. Advisor A averaged a 20% return with a portfolio beta of 1.5 and Advisor B averaged a 15% return with a portfolio beta of 1.2. If the T-bill rate was 5% and the market return during the period was 13%, which advisor was the better stock picker?

Answers

Answer:

Advisor A

Explanation:

t bill rate = 0.05

market rate = 0.13

the beta of the market is always 1

the rate of return= 0.05 + (0.13 - 0.05) x 1

= 0.13

which is 13%

this is for advisor A.

with a return of 20% and 1.5 beta

0.05 + ( 0.20 - 0.05) x 1.5

= 27.5% for advisor b

when the return is 15% and beta is 1.2

0.05 + (0.15 - 0.05) x 1.2

= 17%

Therefore advisor a is better

Gabriel Industries stock has a beta of 1.12. The company just paid a dividend of $1.15, and the dividends are expected to grow at 4 percent. The expected return on the market is 11.4 percent, and Treasury bills are yielding 3.8 percent. The most recent stock price is $85. (a) Calculate the cost of equity using the dividend growth model method. (b) Calculate the cost of equity using the SML method. (c) Why do you think your estimates in (a) and (b) are so different?

Answers

Answer and Explanation:

a. The computation of cost of equity using the dividend growth model method is shown below:-

Expected Dividend = Current dividend × (1 + Growth rate)

= $1.15 × (1.04)

= $1.196

Current Stock Price = $85

Cost of Equity =  (Expected dividend ÷ Current stock price) + growth rate

= (1.196 ÷ 85) + 0.04

= 0.05407

or

= 5.41 %

b. The computation of cost of equity using the SML method is shown below:-

Using CAPM, Cost of Equity = Risk free rate + Stock beta × (Market return - Risk free rate)

= 3.8 + 1.12 × (11.4 - 3.8)

= 12.31%

c. Since there are two different methods like SML and dividend growth model for determining the cost of equity so the estimates are so different

Average Rate of Return
Determine the average rate of return for a project that is estimated to yield total income of $148,500 over five years, has a cost of $300,000, and has a $30,000 residual value.
%

Answers

Answer:

22%

Explanation:

The formula to compute the accounting rate of return is shown below:

= Average net income ÷ average investment

where,  

Average net income is

= Total income ÷ number of years

= $148,500 ÷ 5 years

= $29,700

And, the average investment would be

= (Cost - salvage value) ÷ 2

= ($300,000 - $30,000) ÷ 2

= $270,000 ÷ 2

= $135,000

Now put these values to the above formula  

So, the rate would equal to

= $29,700 ÷ $135,000

= 22%

Eliminating the queue of work dramatically quickens the time it takes apart to flow through the system. What are the disadvantages of removing those queues?

Answers

Answer:

quality may sufferexcess output may

Explanation:

Note that quality does not necessarily come quickly, and so even though eliminating the queue of work dramatically quickens the time it takes apart to flow through the system, it may result in excess output and poor quality.

Take for a stadium that has no entrance way (or doors) that is hosting an event, evidently it is less likely there will be a queue, as everyone would be rushing in quickly, but with possible consequences of overpopulation etc.

_____ refers to the growth and spread of investment, trade, production, communication, and new technology around the world.

Answers

Answer:

Globalisation

Explanation:

Globalisation occurs when there is integration and interrelation between companies, governments, and people accross the globe. It is referred to as a capitalistic expansion where local individuals and businesses integrate into a global unregulated market.

Advanced in communication and transportation has also facilitated globalisation by easing flow of information and goods across different parties across the world.

Globalisation tends to result in spread of investment, trade, production, communication, and new technology around the world.

After the initial offering, the bonds are trading in the secondary market at 105, while the stock is trading at $10. Which statements are TRUE?

Answers

Answer:

B I and IV

Explanation:

Each bond could be transformed into common stock at $10.50 par value. So the bond should be equivalent to the 95 shares that comes from

= $1,000 ÷ $10.50 per share

= 95 shares

Currently price of the bond is $1,050

Now each share price is

= $1,050 ÷ 95 shares

= $11.05

As the common stock is traded at $10 that represents the stock is less than parity and therefore there is no means to transform the shares

hence, B option is correct

Explain the 3 primary ingredients of Just in Time, and how it can be used in a transportation company.

Answers

Explanation:

Just in time can be understood as a strategic system that fundamentally seeks to achieve continuous improvement of processes by reducing costs and waste.

Its principles are total quality management, respect for people and just in time manufacturing.

Just in time can be understood as a strategic system that fundamentally seeks to achieve continuous improvement of processes by reducing costs and waste.

Its principles are total quality management, respect for people and just in time manufacturing.

In this strategy, the focus is that all activities must be carried out at the exact time, that is, eliminating any waste such as raw material, stock, production, etc., which eliminates costs and reduces failures, increasing all processes organizational changes that guarantee an increase in total quality.

The principle of respect for people is also given by the flexibility that this system gives to employees, by the management of total quality that gives a more dynamic work that guarantees the greatest engagement of employees.

In a transport company, the Just in time system would be effective if it were integrated into all operational areas of the company, involving all work hierarchies.

It would also be essential to have changes in internal policies to ensure that processes are improved in order to eliminate waste, which would require adequate training of employees, the implementation of control technologies, the adoption of a more effective and faster value chain , etc., in order to eliminate waste and increase total quality.

At the beginning of June, Bezco Toy Company budgeted 5,000 toy action figures to be manufactured in June at standard direct materials and direct labor costs as follows: Direct materials $50,000 Direct labor 36,000 Total $86,000 The standard materials price is $4.00 per pound. The standard direct labor rate is $18.00 per hour. At the end of June, the actual direct materials and direct labor costs were as follows: Actual direct materials $49,600 Actual direct labor 34,020 Total $83,620There were no direct materials price or direct labor rate variances for June. In addition, assume no changes in the direct materials inventory balances in June. Bezco Toy Company actually produced 4,850 units during June.Required:Determine the direct materials quantity and direct labor time variances.

Answers

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard quantity:

Direct materials (pounds)= 50,000/4= 12,500 pounds

Direct materials (pounds)= 12,500/5,000= 2.5 pounds per unit

Direct labor (hours)= 36,000/18= 2,000 hours

Direct labor (hours)= 2,000/5,000= 0.4 hours

Actual quantity:

Actual direct materials= (49,600/4)= 9,920 pounds

Actual direct labor= 34,020/18= 1,890 hours

Production= 4,850

To calculate the direct labor quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 2.5*4,850= 12,125

Direct material quantity variance= (12,125 - 9,920)*4

Direct material quantity variance= $8,820 favorable

To calculate the direct labor time variance, we need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 0.4*4,850= 1,940

Direct labor time (efficiency) variance= (1,940 - 1,890)*18

Direct labor time (efficiency) variance= $900 favorable

If income rises from $1,000 to $1,400 and consumption rises from $800 to $1,168, the marginal propensity to consume is __________ percent.

Answers

Answer:

The marginal propensity to consume is 92 percent.

Explanation:

Marginal propensity to consume (MPC) refers to the additional expenditure on consumption by consumer as a result of an in national income.

That is, MPC is a measure of the proportion or percentage of the additional income that goes consumption expenditure.

MPC can be calculated using the following formula

MPC = ΔC / ΔY ......................................... (1)

Where;

ΔC = Change in consumption = New consumption - Old consumption = $1,168 - $800 = $368

ΔY = Change in income = New income - Old income = $1,400 - $1,000 = $400

Substituting the values into equation (1), we have:

MPC = $368 / $400 = 0.92, or 92%

Therefore, the marginal propensity to consume is 92 percent.

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