Chilton, Inc. sold 12.400 units last year for $20 each. Variable costs per unit were $2.00 for direct materials, $3.10 for direct labor, and $3.00 for variable overhead. Fixed costs were $60,100 in manufacturing overhead and $40,700 in nonmanufacturing costs. a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) Total Contribution Margin 12 b. What is the unit contribution margin? (Round your answer to 2 decimal places.) Unit Contribution Margin c. What is the contribution margin ratio? (Round your intermediate calculations and final answer to 2 decimal places.) Contribution Margin Ratio % d. If sales increase by 2,180 units, by how much will profits increase? (Round your intermediate calculation to 2 decimal places and final answer to the nearest dollar amount.) Profits Increase

Deep-level diversity reflects the fact that some employees are more collectivistic than others.

A value known as collectivism emphasizes interpersonal harmony and the importance of the group over the individual. People or groups who hold a collectivist worldview frequently perceive shared ideals and objectives to be salient and exhibit a more inward-looking than an outward-looking orientation. Any of the various forms of social structure known as collectivism view people as inferior to larger social entities as the state, country, race, or social class. Individualism (qv), which emphasizes the rights and interests of the individual, can be contrasted with collectivism. Du contra social, written by Jean-Jacques Rousseau in 1762 (see social contract), is regarded as the first significant Western statement of modern collectivist ideals. In this book, it is asserted that the person discovers his actual existence and freedom.

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Interest rates, government spending, and taxes are examples of determinants of planned aggregate expenditure.  The correct answer is "planned"

Planned aggregate expenditure (PAE) is the total amount of spending that is planned in the economy at a given level of income. It includes planned consumption, planned investment, planned government spending, and planned net exports.

PAE is an important concept in macroeconomics, as it helps to explain how changes in government policies or other factors can affect the level of economic activity in the economy.

For example, if the government increases spending or cuts taxes, this can increase PAE and lead to higher levels of economic growth and employment. Conversely, if interest rates rise or government spending is reduced, this can decrease PAE and lead to lower levels of economic activity.

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Answer:

d.

Explanation:

Businesses should  perform cash drops Whenever the total amount of cash in a register has reached a certain level. The appropriate response is option D.

A cash drop is a sum of money that is taken out of the cash drawer and deposited in the safe or at the bank. You are allowed to take as many drops and as much money as you want. Usually, cash drops are done to take extra cash out of the drawer and put it somewhere else.

Cash drops are typically carried out to remove extra cash from the drawer and deposit it in the safe until the balance can be tallied. It is a sum of money that is taken out of the cash drawer and deposited in the safe or at the bank

When the total quantity of cash in a register reaches a certain threshold, businesses should do cash drops.

Hence, the appropriate response is option D.

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Anglers Paradise (AP) requires an ERD (Entity-Relationship Diagram) to track data for their fishing derbies, including seasons, participating anglers, fish caught, catch details, and prize winners.

The ERD for Anglers Paradise will consist of several entities and their relationships. The main entities will include "Derby" with attributes such as "Season" and "Start Date," and "Angler" with attributes like "First Name," "Last Name," "Country," and "Phone." The relationship between "Derby" and "Angler" will indicate participation in the derby, with an invitation requirement based on referrals.

Another entity will be "Fish" with attributes like "Type," "Length," and "Weight." "Fish" will have a one-to-many relationship with "Angler" to associate the fish caught by each angler. Additionally, the "Prize" entity will have attributes for the prize ranks and amounts.

The relationships between entities will connect the data logically. For example, a many-to-many relationship between "Angler" and "Fish" will indicate which angler caught which fish. The "Derby" entity will have a one-to-many relationship with "Prize" to identify the winners for each derby.

Overall, the ERD will provide a visual representation of the entities, their attributes, and the relationships between them, enabling the development of a robust database system for Anglers Paradise to manage their fishing derbies efficiently and accurately.

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Net increase in cash and cash equivalents 53,587

Cash and cash equivalents, the beginning of year 86,210

Cash and cash equivalents, end of year $139,797

Cash equivalents refer to highly liquid and low-risk financial instruments that can be easily converted into cash. These are short-term investments that typically mature within three months or less from the date of purchase.

Cumberland County Utility Enterprise Fund

Statement of Cash Flows

For the Current Year Ended

Cash Flows from Operating Activities:

Cash receipts from customers of $112,793

Interest on investments 900

Transfer from the General Fund 5,000

Interest on customer deposits 625

Cash paid to vendors (19,981)

Cash paid to employees (35,250)

Net cash provided by operating activities $64,087

Cash Flows from Investing Activities:

Purchase of equipment (8,000)

Net cash used in investing activities (8,000)

Cash Flows from Financing Activities:

Repayment of revenue bonds (17,500)

Issuance of new debt of 15,000

Net cash used in financing activities (2,500)

Net increase in cash and cash equivalents 53,587

Cash and cash equivalents, the beginning of year 86,210

Cash and cash equivalents, end of year $139,797

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Answer:

$1,260

Explanation:

$18 is the rate of pay for 40 hrs/week

$27 is the rate of pay for the extra 10 hrs/week (18 + 9)

A total of 100 hours for the pay period, 80 of those are 18/hr, 20 are 27/hr

40(18) + 20(27) = 720 + 540 = 1260

Please let me know if you have any questions.

The payback period of the project for Company ABC Ltd's investment in tire manufacturing is 3.4 years. Option B.

The payback period of the project for Company ABC Ltd's investment in tire manufacturing can be determined by calculating the time it takes for the initial investment of $180,000 to be recovered through the generated cash flows. The cash flows are as follows:

Year 1: $75,000
Year 2: $50,000
Year 3: $45,000
Year 4: $25,000
Year 5: $15,000

By adding the cash flows, we can determine the payback period:

Year 1: $75,000
Year 2: $75,000 + $50,000 = $125,000
Year 3: $125,000 + $45,000 = $170,000

At the end of Year 3, the company has recovered $170,000. There is still $10,000 remaining to reach the initial investment of $180,000.

In Year 4, the cash flow is $25,000. To calculate the fraction of the year needed to recover the remaining $10,000, divide $10,000 by $25,000:

$10,000 / $25,000 = 0.4

Thus, the payback period is 3 years plus the additional 0.4 years, totaling 3.4 years. The correct answer is 3.4 years. Option B.

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Answer:

I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.

I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).

Answer:

B

Explanation:

Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .

The sequence of the first three of the seven principles are

1. Conduct hazard analysis to determine potential risks related to food protection

2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health

3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.

Answer:

B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP

Explanation:

The present value of a flow of payments from a business, project, or investment is determined using net present value (NPV). It is the distinction between the current value of cash inflows and outflows over a given time period.

a. The NPV for the given question is calculated and attached in the form

   of an image. The following computations are as under

IRR: IRR is the rate at which present value of cash inflows is equal present value of cash outflows.

Project A : 9000 = 3000/ (1+r)^1 + 3000/ (1+r)^2 + 3000/ (1+r)^3 + 3000/ (1+r)^4 + 3000/ (1+r)^5

Solving for r we get, IRR = 19.86%

Project B : 27000 = 8400/ (1+r)^1 + 8400/ (1+r)^2 + 8400/ (1+r)^3 + 8400/ (1+r)^4 + 8400/ (1+r)^5

Solving for r we get, IRR = 16.80%

MIRR = [Square root of (Present value of cash flows/ Initial Investment)] - 1

The present value of cash flows are calculated above in the table

MIRR Project A = [Square root of 10299.24/9000] - 1 = 1.0697 - 1 = 6.97%

MIRR Project B = [Square root of 28837.88/27000] - 1 = 1.0335 - 1 = 3.35%

Payback period is the number of years in which the initial investment is recovered.

Payback period A = 9000 /3000 = 3 years

Payback period B = 27000 / 8400 = 3.21 years

Discounted Payback period:

As per the NPV table above,

For project A, amount recovered upto 4 years = $8741.14, Balance to be recovered = $9000 - $8741.14 = $258.86

Discounted payback period = 4 + 258.86 / 3000 = 4.09 years

For project B, amount recovered upto 4 years = $24475.18, balance to be recovered = $27000 - $24475.18 = $2524.82

Discounted payback period = 4 + 2524.82 / 8400 = 4.30 years

b. Both projects would be accepted since both of their NPV's are positive

c. If the projects are mutually exclusive, the project with the highest

   positive NPV is chosen. Accept Project B.

d. Since the cash flow timing is the same , The conflict between NPV and

   IRR occurs due to the difference in the size of the projects.

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Complete question:

A firm with a 14% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows Project A $9,000 $3,000 $3,000 $3,000 $3,000 $3,000 Project B $27,000 $8,400 $8,400 $8,400 $8,400 $8,400

a. Calculate NPV for each project. Calculate IRR for each project. Calculate MIRR for each project. Calculate payback for each project. Calculate discounted payback for each project. Round your answers to two decimal places.

b. Assuming the projects are independent, which one(s) would you recommend?

c. If the projects are mutually exclusive, which would you recommend?

d. Notice that the projects have the same cash flow timing pattern. why is there a conflict between npv and irr?

The estimated stock price of St. John Medical in three years will be approximately $8.57.

To calculate the stock price in three years, we need to use the dividend discount model (DDM). The DDM calculates the present value of all future dividends to determine the intrinsic value of a stock.

Last dividend (D0) = $2.00

Dividend growth rate (g) = -5% (declining annually)

Required rate of return (k) = 15%

Time period (n) = 3 years

Using the DDM formula, the stock price (P3) in three years can be calculated as follows:

P3 = D3 / (k - g)

First, we need to calculate the dividend expected in three years (D3). To do this, we use the formula for the future dividends:

D3 = D0 * (1 + g)^n

D3 = $2.00 * (1 - 0.05)^3

D3 = $2.00 * (0.95)^3

D3 = $2.00 * 0.857375

D3 = $1.71475

Next, we can calculate the stock price in three years:

P3 = $1.71475 / (0.15 - (-0.05))

P3 = $1.71475 / 0.20

P3 = $8.57375

Therefore, the estimated stock price of St. John Medical in three years will be approximately $8.57.

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Answer:

A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.

Explanation:

Answer:

public education, fire protection, police services,

Answer: Public Education, Interstate Highways, Postal Service

The adjusted cash balance per bank on July 31 for Splish Brothers Inc. is $8,761. This is the amount of cash that the company has available in its bank account after making the necessary adjustments for outstanding checks, deposits in transit, and bank service charges.

To determine the adjusted cash balance per bank on July 31 for Splish Brothers Inc., we need to make some adjustments to the cash balance per bank. First, we need to subtract the outstanding checks of $752 from the cash balance per bank of $8,240. This gives us a balance of $7,488. Next, we need to add the deposits in transit of $1,301 to this balance to reflect the deposits that have not yet been credited by the bank. This gives us an adjusted cash balance per bank of $8,789. Finally, we need to subtract the bank service charge of $28 from this balance to reflect the fee charged by the bank. This gives us a final adjusted cash balance per bank of $8,761.

Therefore, the adjusted cash balance per bank on July 31 for Splish Brothers Inc. is $8,761. This is the amount of cash that the company has available in its bank account after making the necessary adjustments for outstanding checks, deposits in transit, and bank service charges.

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The Human Resources (HR) department is typically responsible for completing the recruitment process in a business organization.

The HR department plays a crucial role in managing the recruitment process within a business. They are responsible for overseeing various aspects of recruitment, including job postings, candidate sourcing, screening and interviewing applicants, conducting background checks, and making final hiring decisions. The HR department works closely with hiring managers and department heads to understand the specific staffing needs and requirements for each position.

The HR department is equipped with the necessary expertise and resources to efficiently handle recruitment activities. They have knowledge of applicable labor laws and regulations, ensuring compliance throughout the hiring process. HR professionals are also skilled in assessing candidates' qualifications, conducting interviews, and evaluating their fit with the organization's culture and values.

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To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.

In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.

The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.

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The correct answer is B. Federal minimum wage. The Federal Work-Study program requires that students be paid at least the federal minimum wage, which is currently $7.25 per hour.

Some states have a higher minimum wage rate, so if the state's minimum wage is higher than the federal minimum wage, then the student would need to be paid at the higher state rate.

When there are conflicting minimum wage rates, employers are required to pay the higher rate. It is important to note that some types of workers, such as tipped employees and workers with disabilities, may have a different minimum wage rate under certain circumstances.

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the percent change in the money supply needed to have a 0% change in price would be a 3% increase.

a. The percentage change needed to balance the exchange equation would be 3%.

b. The percent change in the money supply needed to have a 0% change in price would be a 3% increase.

According to the exchange equation MV = PQ, where M is the money supply, V is the velocity, P is the price level, and Q is the quantity of goods and services exchanged. To balance the exchange equation, the percentage change in M multiplied by the percentage change in V must equal the percentage change in P plus the percentage change in Q.

Therefore, (3%) x (1%) = (P%) + (Q%); P% + Q% = 0.03

Using the same exchange equation MV = PQ, if the percent change in V is 2% and the percent change in Q is 5%, then we can write:

5% = (M%) + 2%

M% = 5% - 2%

M% = 3%

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An external cost on supply can be measured graphically as the difference between the marginal social cost and the marginal private cost.

When there is a divergence between social and private expenses, market failure occurs. An externality happens when there is an external cost or benefit associated with an activity that is not taken into account in its market price. An externality is defined as an unintended side effect of a business or activity that affects an uninvolved third party. The divergence of social and private costs is the most significant source of market failure. The cost is referred to as an externality because it is not included in the company's expenses. The difference between the marginal social cost and the marginal private cost of a good or service is referred to as the external cost of production.

The marginal social cost includes both the personal and social costs of producing a commodity. The price of production for a good or service is referred to as the personal expense. The sum of the private cost and the external cost is referred to as the social expense. Personal expenses are also referred to as internal expenses, whereas social expenses are referred to as external expenses. This marginal social cost curve is steeper than the marginal private cost curve when there is an external cost. As a result, the equilibrium output and price will be different in the presence of external expenses than in their absence.

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Answer:

axiom shows that everything one does is a message: "Activity or inactivity, words or silence all have message value: they influence others and these others, in turn, cannot not respond to these communications and are thus themselves communicating" (Watzlawick, Beavin, and Jackson, 1967, p. 1). This is true only however if the parties are "in the presence of another" (Watzlawick & Beavin, 1967, p. 4). This can cause problems in the relationship system though. For example, if one doesn’t want to communicate and inadvertently communicates this fact it may anger the other party. The appreciation for people who behave emotionally reserved verses who express their thoughts and feelings freely, may differ considerately between cultures. Insensitivity to these differences or the signals that people send, may hinder or undermine a smooth acculturation process considerately

Explanation:

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Answer:

product differentiation

Explanation:

i got it right on test

C. Identity theft. Mark's actions of using someone else's name and Social Security number to apply for a credit card constitute identity theft.  

What is Identity theft?

Credit card constitute identity theft is a type of fraud involving the unauthorized use of someone's personal information for fraudulent purposes. Securities fraud, insurance fraud, and tax fraud are different types of fraud that involve illegal activities in specific domains such as financial securities, insurance, and taxation, respectively, and are not applicable in this scenario. Identity theft is a serious crime that can result in financial loss and harm to the victim, and it is important to take steps to protect personal information and report any suspected cases of identity theft to the appropriate authorities.

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The optimal number of servers for IT support is 7. To determine the optimal number of servers for IT support, we need to consider the arrival rate of calls and the service rate of the servers.

The arrival rate is given as one call every 3 minutes, which implies an arrival rate of λ = 1/3 calls per minute. The service rate is the reciprocal of the mean service time, which is 1/6 calls per minute (since the mean service time is 6 minutes per call). Using the M/M/1 queuing model, we can calculate the utilization factor (ρ) as λ/μ, where μ is the service rate. ρ = (1/3) / (1/6) = 2/3 = 0.67. The formula for the average number of customers in the system (L) is L = ρ / (1 - ρ). Therefore: L = (0.67) / (1 - 0.67) = 2.03 customers.

To find the number of servers (N), we use the formula N = L / λ: N = 2.03 / (1/3) = 6.09 servers. Since we cannot have fractional servers, the optimal number of servers for IT support would be rounded up to 7. Therefore, based on the cost analysis, the optimal number of servers for IT support is 7.

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The industry's C4 ratio is 1.00, indicating that the top three firms in the industry hold 100% of the market share. Option C.

The C4 ratio, also known as the concentration ratio, measures the market concentration within an industry by summing the market shares of the top four firms. In this scenario, we are told that the industry consists of three firms with equal annual sales.

To calculate the C4 ratio, we need to determine the market share of each firm. Since the three firms have equal annual sales, each firm's market share can be calculated as their sales divided by the total industry sales. Let's assume the sales of each firm is denoted by S.

Market Share of Each Firm = Firm's Sales / Total Industry Sales

Since all three firms have equal sales, the market share of each firm would be S / (3S) = 1/3.

Now, let's calculate the C4 ratio by summing the market shares of the top four firms. In this case, since there are only three firms, the C4 ratio is equal to the sum of their market shares.

C4 = Market Share of Firm 1 + Market Share of Firm 2 + Market Share of Firm 3

= 1/3 + 1/3 + 1/3

= 1

Therefore, the industry's C4 ratio is 1.00.

The C4 ratio, or concentration ratio, is a measure used to assess the market concentration within an industry. It is calculated by summing the market shares of the top four firms in the industry. The C4 ratio provides insights into the extent to which a few dominant firms control the market share.

In this scenario, we are given that the industry consists of three firms with equal annual sales. Since all three firms have the same sales, their market shares would be equal. To calculate the market share of each firm, we divide their individual sales by the total industry sales.

Since the three firms have equal sales, their market shares would be 1/3 each. This means that each firm holds one-third of the total market share.

To calculate the C4 ratio, we sum the market shares of the top four firms. However, since there are only three firms in this industry, the C4 ratio would be equal to the sum of their market shares, which is 1/3 + 1/3 + 1/3 = 1.

Therefore, the industry's C4 ratio is 1.00, indicating that the top three firms in the industry hold 100% of the market share. This implies a high degree of market concentration, with a few dominant firms controlling the entire industry. So Option C is correct.

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Answer:

Hi bro

Explanation:

a. The equilibrium income is $6,000 and there is a government budget surplus of $1,100.

To calculate equilibrium income, we set Y = AE, where AE is autonomous expenditure. AE = C + I + G + X - M. Substituting the given values, we get AE = 0.8Yd + 1,000 + 1,500 + 400 - (0.1Y + 1,000). Simplifying this equation and solving for Y, we get Y = $6,000.

To calculate the government budget surplus or deficit, we subtract government spending from government revenue. In this case, government revenue is 0.25Y + 500 = $2,000 and government spending is $1,500. Therefore, the government budget surplus is $500.

b. When government spending increases by 100, the new equilibrium income is $6,250 and the government budget surplus increases to $600.

Using the multiplier, we can calculate the change in equilibrium income due to a change in government spending. The multiplier is 1 / (1 - MPC), where MPC is the marginal propensity to consume. In this case, MPC = 0.8, so the multiplier is 1 / (1 - 0.8) = 5.

Therefore, a $100 increase in government spending will increase equilibrium income by $500. The new equilibrium income is $6,250.

The government budget surplus also increases due to the increase in government spending, since government revenue remains the same and government spending increases. The new government budget surplus is $600.

c. To achieve the same equilibrium income as in part b by reducing autonomous taxes, net taxes must be reduced by $125.

We can calculate the change in equilibrium income due to a change in autonomous taxes using the multiplier. The change in equilibrium income is equal to the change in autonomous expenditure multiplied by the multiplier.

In this case, the change in autonomous expenditure is equal to the change in net taxes, which is $125 (since the tax multiplier is -MPC / (1 - MPC) = -0.2). Therefore, the change in equilibrium income is $625, and the new equilibrium income is $6,250.

d. If the government simultaneously increases public spending and increases taxes by the same amount of 100, the equilibrium income remains at $6,000 and there is no change in the government budget surplus.

Increasing both public spending and taxes by the same amount has no effect on aggregate demand or autonomous expenditure. Therefore, the equilibrium income remains the same as in part a, and the government budget surplus remains at $500.

e. The choice of fiscal policy depends on the specific circumstances of the economy. In general, I would favor a policy that aims to achieve full employment while maintaining price stability. This may involve a mix of monetary and fiscal policies that are tailored to the specific needs of the economy.

For example, if the economy is in a recession, a policy that increases government spending and reduces taxes may be appropriate to boost aggregate demand and stimulate economic growth. On the other hand, if the economy is overheating and inflation is a concern, a policy that reduces government spending and raises taxes may be necessary to cool down the economy and prevent inflation from rising too high.

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Answer:

1. According to the table, the customer leaves the money earned through interest to be added to the principal, to serve as the new principal on which an interest is calculated for the next period or year

2. Compound interest is the interest calculated based on a principal that is the addition of the previous interest to the previous beginning principal. The compound interest can also be called the interest on interest or the interest due to reinvestment of the interest added to the initial amount of each period

3. If the interest rate was 10% rather than 5%, then, with a principal of $100.00 the interest will be $100 × 10/100 = $10, and the total in the account will be $100.00 + $10.00 = $110.00

4. If $50 is added to the account every year, it will increase the interest, but the interest rate will stay the same

5. The investment has more than doubled in worth from $100.00 to $207.90 at the start of the 15th year

Explanation: