The differential income (or loss) from accepting the overseas bid would be -$16,000.
To calculate the differential income or loss from accepting the overseas bid, we need to compare the revenues and costs associated with the domestic sales and overseas sales.
Domestic Sales;
Price per phone: $80
Variable cost per phone; $50
Fixed cost per phone; $20
Total revenue from domestic sales: $80 × 1,000 = $80,000
Total variable cost from domestic sales: $50 × 1,000 = $50,000
Total fixed cost from domestic sales: $20 × 1,000 = $20,000
Total cost from domestic sales; $50,000 + $20,000 = $70,000
Profit from domestic sales; Total revenue - Total cost = $80,000 - $70,000 = $10,000
Overseas Sales;
Price per phone: $60
Additional 10% export fee: $60 × 10% = $6 (per phone)
Total revenue from overseas sales: $60 × 1,000 = $60,000
Total export fee: $6 × 1,000 = $6,000
Net revenue from overseas sales: Total revenue - Total export fee = $60,000 - $6,000 = $54,000
Total variable cost from overseas sales; $50 × 1,000 = $50,000
Total fixed cost from overseas sales; $20 × 1,000 = $20,000
Total cost from overseas sales; $50,000 + $20,000 = $70,000
Profit (or loss) from overseas sales; Net revenue - Total cost = $54,000 - $70,000 = -$16,000
Therefore, the differential income (or loss) from accepting the overseas bid would be -$16,000. This means that accepting the overseas bid would result in a loss of $16,000 compared to the domestic sales.
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When a process is in control, it results in there being, on average, 16 defects per unit of output. c-chart limits of 8 and 24 would lead to a _____ percent chance of a Type I error.
A c-chart is used to monitor the number of defects in a process where the sample size varies. The c-chart is based on the Poisson distribution, which describes the number of defects that can be expected in a sample of a given size, given a known rate of defects per unit of output.
In this case, the process is in control, and the average rate of defects per unit of output is 16. The c-chart limits of 8 and 24 imply that the process is considered out of control if the number of defects in a sample falls outside this range.The probability of a Type I error is the probability of rejecting a true null hypothesis. In this case, the null hypothesis is that the process is in control, and the Type I error would occur if the process is considered out of control when it is actually in control.To determine the probability of a Type I error, we need to calculate the probability that the number of defects in a sample falls outside the control limits when the process is in control. Assuming the Poisson distribution, the probability of observing more than 24 defects in a sample of a given size when the rate of defects per unit of output is 16 is very low (less than 0.01%). Similarly, the probability of observing fewer than 8 defects in a sample is also very low (less than 0.01%). Therefore, the probability of a Type I error is also very low (less than 0.02%).
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What is a market economy regulated by?
Answer:
Producers and consumers :)
Explanation:
Market economies are run by buyers and sellers, there is no government involved.
which of the following appraisal approaches would be most appropriate for a public school? select one: a. market data. b. cost. c. capitalization. d. gross rent multiplier.
The correct answer is Option B.
The cost approach is most commonly used in public buildings like schools and churches.
What is appraisal approach?The cost, market comparison, and income approaches are the three different approaches or methods for conducting an appraisal. These approaches are economic models that represent various methods of estimating property value.All types of improved property can be appraised using the cost approach. It is the most dependable method for valuing one-of-a-kind properties. The cost approach provides a value insight that is the sum of the estimated land value plus the dropped in value cost of the building and other developments.When determining the Market Value of a property, appraisers use three approaches to value in Appraisal Practice: The Sales Comparison Method. The Cost Method. The Income Strategy.To learn more about appraisal approach refer to :
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Consider this situation. a factory makes blue and green widgets. the cost of making both types of widgets is the same. both types of widgets sell for $5 apiece. the factory can make 20 widgets of either color in a day. the factory has been making 10 blue and 10 green widgets a day. the price of blue widgets rises to $6. assuming that all other factors remain the same, how should the factory respond to this increase of price? a. by decreasing the number of blue widgets suppliedb. by increasing the number of blue widgets supplied c. by increasing the number of green widgets supplied
In this situation, the factory should respond to the increase in price of blue widgets by increasing the number of blue widgets supplied.
This is because blue widgets are now more profitable to produce, as they are selling for $1 more than green widgets. By increasing the number of blue widgets produced, the factory can increase its overall profit margin. It may not be necessary to decrease the number of green widgets produced, as they are still selling at the same price and therefore still profitable. However, increasing the number of green widgets produced may also be considered as an option, as it will help increase the total revenue of the factory. It is important to remember that this decision should be based on the market demand for both blue and green widgets, and not just on the price change. The factory should also consider other factors such as the production costs, overall market conditions, and competition before making a final decision. The factory should also consider the production costs of blue and green widgets, and see if there are any cost advantages that would make one product more profitable than the other. It is also important to note that factory should consider the overall impact of this decision on the company's revenue and profit. The factory should analyze the overall financial impact of this decision, and see if the increased production of blue widgets will lead to an increase in overall revenue and profit. If not, the factory should consider other options that could lead to an overall increase in revenue and profit.
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Under a contractionary taxation policy, the government can reduce the deficit by
A) increasing taxes.
B) reducing taxes.
C) increasing spending.
D) increasing inflation.
The Answer is A) increasing taxes.
Answer:
c
Explanation:
not sure but I tried may best tho
Answer:
A) increasing taxes.
Explanation:
the name given to a form of economics which examines the factors that influence individual economic choices and how markets coordinate the choices of various decision makers is __________.
The form of economics that examines the factors that influence individual economic choices and how markets coordinate the choices of various decision makers is microeconomics.
Microeconomics is a branch of economics that studies the behavior of individual agents (such as households and firms) and how they interact in markets.
It is concerned with how these agents make decisions about how to allocate scarce resources, and how these decisions affect the prices of goods and services.
Microeconomics is often contrasted with macroeconomics, which is the study of the economy as a whole. Macroeconomics is concerned with aggregate variables such as GDP, inflation, and unemployment.
Microeconomics is a foundational course in economics, and it is essential for understanding how markets work and how economies function. It is also a useful tool for understanding and analyzing economic problems.
Here are some of the key concepts in microeconomics:
Demand: The quantity of a good or service that consumers are willing and able to buy at a given price.
Supply: The quantity of a good or service that producers are willing and able to sell at a given price.
Equilibrium: The point at which the quantity demanded equals the quantity supplied.
Marginal analysis: The process of comparing the additional benefits and costs of an action.
Market failure: A situation in which the market does not allocate resources efficiently.
Microeconomics is a complex and fascinating subject, and it offers a wealth of insights into how the world works. If you are interested in economics, I encourage you to learn more about microeconomics.
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A good is more likely to be produced at home than in the market if:
a. the average cost of household production is high.
b. the marginal benefit from the good is lower than the marginal cost of production
c. the marginal benefit from the good is higher than the marginal cost of production.
d. it requires few specialized resources.e.the opportunity cost of household production is high.
A good is more likely to be produced at home than in the market if the opportunity cost of household production is high. So, option e is correct.
The opportunity cost refers to the value of the next best alternative foregone when a choice is made. In this context, it means the value of other activities or goods that could have been obtained by allocating resources to market production instead of household production.
When the opportunity cost of household production is high, it suggests that the individual or household could gain more by engaging in market production or purchasing the good from the market.
If the marginal benefit from the good (the additional satisfaction or utility derived from consuming one more unit) is lower than the marginal cost of producing it at home, it would make more sense to acquire it through market exchange.
On the other hand, if the marginal benefit from the good is higher than the marginal cost of production (option c), it may be more worthwhile to produce the good at home rather than purchasing it in the market.
This is because the individual or household can achieve higher satisfaction or utility by producing it themselves rather than acquiring it through market exchange.
Factors such as the average cost of household production (option a), the requirement for specialized resources (option d), or other production-related factors may influence the feasibility or efficiency of producing a good at home, but they do not directly determine whether a good is more likely to be produced at home or in the market.
So, option e is correct.
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How does your state’s on-time payment record compare to the national rate?
It should be noted that my state’s on-time payment record is high compare to the national rate.
What is a credit score?A credit score serves as a numerical expression based on a level analysis of a person's credit files.
This is a term that to represent the creditworthiness of an individual after his account has been checked.
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T/F. Retained earnings and accumulated other comprehensive income (AOCI) can be found in the contributed capital section of stockholders' equity.
T/F. A company is worse off by paying cash dividends because it must record a loss for this transaction in its income statement.
The statement is false, retained earnings and accumulated other comprehensive income (AOCI) cannot be found in the contributed capital section of stockholders' equity.
Contributed capital represents the funds that a company has raised from investors in exchange for ownership shares. It includes common stock, preferred stock, and additional paid-in capital. Retained earnings, on the other hand, represent the portion of a company's profits that have been retained and reinvested in the business, rather than distributed to shareholders as dividends. Retained earnings are reported in the retained earnings section of stockholders' equity. AOCI, meanwhile, represents unrealized gains and losses on certain types of investments and other items that are not included in net income. AOCI is also reported in the stockholders' equity section of the balance sheet, but it is not included in contributed capital.
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Why someone working full time on a minimum wage may rin it very difficult to develop sources of unearned income, while someone on a higher salary should be able to
The labour expenses that firms must bear may be significantly affected if the minimum wage is set too high or raised too much. This might therefore result in price inflation, harm to exports, and a decline in employment.
Do rising wages lead to inflation?The relationship between wages and prices. Pay increases are a key inflationary factor since salaries account for a sizeable amount of organizations' expenditures. Inflation may increase when firms increase prices to maintain profits and profitability as a result of pay growth that is more rapid than productivity growth.
Why would a pay increase increase demand while reducing supply?The volume of goods or services that are offered on the market may decline when profits or income rise since doing so also raises supplier or manufacturing expenses. According to microeconomic theory, an increase in wages or income translates into higher income levels for households and consumers.
Why would someone decide to put in less time at work to get more money?With an increase in pay rates, the cost of producing the good rises, forcing manufacturers to raise their selling prices. As a result of consumers purchasing less of the goods when the price rises, there will be a reduction in output and sales. Less labor will be needed as a consequence.
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Which of the following is NOT an example of monetary policy? a. The Federal Reserve reduces the reserve requirement. b. The Federal Open Market Committee decides to sell bonds. c. The Federal Open Market Committee decides to buy bonds. d. The Federal Reserve facilitates bank transactions by clearing checks.
Answer:
A
Explanation:
Monetary policy controls the process of drafting, announcing, and enforcing the plans taken by the central bank, currency board, or other competent monetary authority that controls the amount of money in an economy and the channels by which new money is supplied
The statement that cannot be considered an example of monetary policy is A:The Federal Reserve reduces the reserve requirement.
Monetary policy can be regarded as control of the quantity of money which is present in an economy as well as the channels that is needed for new money to be supplied. It involves the federal to Open Market Committee who bring decision in selling or buying of bonds.Therefore, option A is correct.
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Which of the following is not an effective strategy for verbal communication?
A) Repeat facts back to the other person.
B) Speak in a respectful tone of voice.
C) Avoid slang or unfamiliar jargon.
D) Choose your vocal tone and pitch carefully.
Answer: A)
Explanation: Its not a effective strategy because if you repeat the acts the other peron will get tired of hearing you and it can turn into a boring conversation.
Choose all that apply.
Select the advantages to banking online.
convenient
lower fees
efficient
accessible from anywhere
quick transaction speed
always open
Answer:
All are correct except for lower fees
Explanation:
1. Convenient
2. Efficient
3. Accessible from anywhere
4. Quick transaction speed
5. Always open
If the Consumer Price Index was 120 at the end of last year and 125 at the end of this year, which of the following occured (select all that apply)?
-Inflation
-Deflation
-A increase in the purchasing power of a dollar
-A decrease in the purchasing power of a dollar
Option (a) and (d), If the Consumer Price Index was 120 at the end of the previous year and 125 at the conclusion of this one, then inflation took place and the purchasing power of a dollar decreased.
How does the Consumer Price Index change?Consumer prices rise when the CPI does, and consumer prices fall when it does, indicating an overall decline in costs. In other words, a rising CPI suggests more inflation, whereas a decreasing CPI indicates lower inflation or even deflation.
The buying power of the dollar is impacted by inflation in what ways?The major cost of inflation is the decline in real income brought on by uneven price increase, which inescapably lowers certain customers' purchasing power. Both parties—those who get fixed interest rates and those who pay them—may eventually have less purchasing power as a result of inflation.
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Outline TWO benefits of using the FIFO system for Mcdonald’s
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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benedetta, a high-tax-rate taxpayer, owns several rental properties and would like to shift some income to her daughter, jenine. vendetta instructs her tenants to send their rent checks to jenine so jenine can report the rental income. will this, shift the income from vendetta to jenine? why, or why not?
Because She is a high-tax-rate taxpayer who owns multiple rental properties and wants to transfer some income to her daughter Jenine.
She instructs her tenants to send their rent payments to Jenine so she can report the rental income. Benedetta's transfer of rental income from herself to Jenine would not change the fact that Benedetta is the legal owner of the properties, and When rental income is produced by the properties, it is Benedetta, not Jenine, who is obligated to report it to the IRS, even if the rent is paid directly to Jenine by the tenants, as in this case.
Therefore, in this instance, transferring the rental income from Benedetta to Jenine is ineffective in lowering Benedetta's tax burden, as Benedetta must still report the rental income to the IRS as her own. Furthermore, this is considered tax fraud by the IRS, as it involves purposefully concealing assets or income to avoid paying taxes on them.
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what is the correct abbreviation for a small, short-term stroke?
The correct abbreviation for a small, short-term stroke is TIA. The term TIA stands for Transient Ischemic Attack, which refers to a temporary blockage in blood flow to the brain that causes stroke-like symptoms but lasts for a shorter duration of time compared to an actual stroke.
A Transient Ischemic Attack (TIA) is also referred to as a mini-stroke, because the symptoms can occur suddenly and are usually brief, typically lasting less than an hour.
Although the symptoms of a TIA are short-lived, they should not be ignored as they could be warning signs of an impending stroke. Immediate medical attention is essential in such cases to prevent a potential stroke.
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Yahir wants to become an Actor. What are the most helpful examples of milestones for this goal? Check all that apply.
A.taking an acting class
B.running a race
C.taking a science class
D.learning how to cook
E.participating in a school play
F.auditioning for a part in a television show
Answer:
aef
Explanation:
got the question right
Answer:
1 5 6
Explanation:
in the context of expediting orders and monitoring installation, salespeople:
In the context of expediting orders and monitoring installation, salespeople should be in regular contact with both the customer and the installation team.
Expediting orders is the act of ensuring that customer orders are processed promptly and accurately. When a salesperson is responsible for expediting orders, they are responsible for following up with customers to ensure that they have received their orders and that they are satisfied with the products or services they have received. When a salesperson is responsible for monitoring installation, they are responsible for overseeing the installation process to ensure that it is proceeding according to schedule.
This includes coordinating with the installation team to ensure that they have the resources they need to complete the installation on time and within budget. Salespeople are an important part of the expediting and installation process because they are often the primary point of contact between the customer and the installation team. They are responsible for ensuring that the customer's needs are met and that the installation team is able to complete the job on time and within budget.
To do this, salespeople should be in regular contact with both the customer and the installation team, providing updates and answering any questions they may have. Additionally, salespeople should be prepared to address any issues that arise during the installation process and work with the installation team to resolve them in a timely and efficient manner.
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List five organizations where you could volunteer your services. Describe the type of work you might perform for each organization.
Answer:
animal shelter: feeding the animals giving them baths and walking them maybe
eldery homes: help them clean up a bit and just talk to them
Explanation:
sorry i cant think of more
Points of Light is the world's largest volunteer organization. We envision a society in which it is simple for anyone to affect change in their community and around the world. A volunteer program is a structure that is used to recruit and manage volunteers while also supporting community volunteer activities.
How do I ask for volunteer work?Explain that you are looking for a volunteer opportunity and that you are particularly enthusiastic about the organization in question. You can even include a sentence explaining why the organization is a good fit for your skills. The first paragraph should pique the reader's interest and make them want to learn more about you.
Volunteering can help you gain confidence by allowing you to try something new and develop a genuine sense of accomplishment. Make an impact. Volunteering can have a significant and positive impact on individuals, communities, and society as a whole. Meet new people. a desire for excellence doing an excellent job requiring a sense of significant accomplishment wanting to change careers/get a job.
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Which form tells you how much you were paid by a company of which you are NOT an employee and often contains income that did NOT have taxes withheld?
A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Answer:
Firewall.
Explanation:
Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.
A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.
Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.
Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.
Answer:
Firewall.
Explanation:
Hope this helps
Waterway Corp. enters into a contract with a customer to build an apartment building for $1,046,900. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $148,500 to be paid if the building is ready for rental beginning August 1, 2018. The bonus is reduced by $49,500 each week that completion is delayed. Waterway commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:Completed by ProbabilityAugust 1, 2018 70 %August 8, 2018 20 August 15, 2018 4 After August 15, 2018 6 (a) Determine the transaction price for the contract, assuming Waterway is only able to estimate whether the building can be completed by August 1, 2018, or not (Waterway estimates that there is a 70% chance that the building will be completed by August 1, 2018). (If answer is 0, please enter 0. Do not leave any fields blank.)Transaction Price __________ $(b) Determine the transaction price for the contract, assuming Waterway has limited information with which to develop a reliable estimate of completion by the August 1, 2018, deadline. (If answer is 0, please enter 0. Do not leave any fields blank.)Transaction Price ___________ $
Answer:
A. $1,195,400
B. $1,172,630
Explanation:
A. Calculation to Determine the transaction price for the contract
Transaction price=$1,046,900+$148,500
Transaction price=$1,195,400
Therefore the transaction price for the contract will be $1,195,400
B . Calculation to determine the transaction price for the contract.
First step is to Calculate the probabilities
August 1, 2018=$148,500*.7
August 1, 2018=$103,950
August 8, 2018=$99,000*.2
($148,500-$49,500)
August 8, 2018=$19,800
August 15, 2018=$49,500*.04
August 15, 2018=$1,980
August 15, 2018=$0*.06
August 15, 2018=0
Now let calculate the Transaction price
Total transaction price =$1,046,900+$103,950+$19,800+$1,980
Total transaction price =$1,172,630
Therefore The Total transaction price will be $1,172,630
People with a strong global mindset Question 18 options: can judge the competence of others by their national or ethnic origins. have a more parochial frame of reference about their business and its environment. are able to process and analyze large volumes of information in new and diverse situations. tend to rely on stereotypes to gain better knowledge about individuals.
Answer: are able to process and analyze large volumes of information in new and diverse situations
Explanation:
Global mindset includes refers to the openness, and the respect for the opinions and the practices of other people in other parts of the world.
It is the ability to be able to act across different cultures effectively. People that has a strong global mindset can process and analyze large volumes of information in new and diverse situations.
Marla always strives to excel in her career. Several years ago, she finished College, finally achieving a Ph.D. Although she works as an educator and has a secure position at an urban college, she does not hold a faculty position at a prestigious university. It is obvious to her colleagues that Marla is unsatisfied with her position at work. She constantly gives coworkers subtle reminders of her superior academic credentials and only participates in work activities where she will assume a leadership role. Analyzing Marla's situation using Maslow's hierarchy of needs, which of the following needs are unmet?
A. self-actualization needs
B. esteem needs
C. social needs
D. physiological needs
Answer:
B. esteem needs
Explanation:
Human behavior is driven by needs, one of which is a need for a sense of personal importance, value, or self-esteem.Esteem should include confidence, strength, self-confidence, personal and social acceptance and respect from others. These requirements are indicated as one of the key stages of achieving satisfaction or self-interviewing. While respect is an intrinsic quality, we are influenced by external factors, such as recognition and approval from our peers. There are many different examples of designers tapping into our respected needs, many of which we can find on social media sites.Identify two examples of suitable places Sarah could advertise vacancies
Answer:
permanent roles, and contract roles.
Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.a bill that has many non-germane amendments tacked on is called a
A bill that has many non-germane amendments tacked on is called a "Christmas tree" bill. This term refers to the practice of adding various amendments to a bill, much like ornaments on a Christmas tree.
These amendments may not be directly related to the main topic of the bill, but are often added in order to gain support from lawmakers who may have a stake in the particular issue.
While the addition of non-germane amendments can sometimes be a way to compromise and reach consensus among lawmakers, it can also lead to a bloated and inefficient legislative process.
The inclusion of these amendments can make it difficult for lawmakers to fully understand the impact of the bill, and can lead to confusion and uncertainty among the public.
Furthermore, Christmas tree bills can also be used as a political maneuver by lawmakers looking to add provisions that may not have otherwise passed on their own. This can lead to a lack of transparency in the legislative process, and can erode public trust in the government.
In conclusion, while the practice of adding non-germane amendments to bills can be a useful tool for compromise and consensus-building, it can also lead to a number of negative consequences. Lawmakers should carefully consider the impact of these amendments and strive to maintain transparency and accountability in the legislative process.
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growth, stability, and defensive strategies are common ________ strategies.
All the values listed above including growth, stability and defense strategies, fall under the realm of what are called grand strategies.
Grand strategies can be defined as the strategies that are pursued by a national government in order to further the cause of the nation or to further its interest.
The grand strategy establishes how a country would mobilize or make priority several sources of power in order to protect their own interests.
These powers could be:
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What is the formula for the rule of 72?