A Texas Real Estate Commission (TREC) license holder may be excused from using the TREC-promulgated contract forms, addenda, and leases under the following circumstances:
If the license holder is an attorney licensed by the State of Texas, and the contract or lease is prepared in the course of the attorney's practice of law;If the license holder is a government employee acting within the scope of their employment;If the parties to the transaction agree in writing to use a different form of contract or lease; orIf the license holder is engaged in commercial real estate brokerage and uses forms prepared by the Texas Association of REALTORS® (TAR).It is important to note that even if a license holder is excused from using the TREC-promulgated forms, they are still required to comply with all applicable laws, rules, and regulations governing the transaction.
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This summer we have been taking the truck to different local community events. This involves a great deal of driving every day, but sometimes they are not well attended. should we look at other options? Which of the 4 Ps does Silas think they need to to change?
1. Product 2. Promotion 3. Price 4. Place
the issue is with the "Place" element of the marketing mix
Marketing MixThe problem appears to be with the "Place" component of the marketing mix. The company takes the truck to various local community events, but they are not always well attended. This suggests that the current "Place" or location may not be the best fit for the target audience.To address this issue, the company could look into other "Place" options, such as finding new locations with higher foot traffic or attending events that are more targeted towards their ideal customers. They might also think about collaborating with local businesses or organisations to increase visibility and reach a larger audience.While the other components of the marketing mix (product, promotion, and price) may need to be adjusted to optimise performance,
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the issue is with the "Place" element of the marketing mix
Marketing MixThe problem appears to be with the "Place" component of the marketing mix. The company takes the truck to various local community events, but they are not always well attended. This suggests that the current "Place" or location may not be the best fit for the target audience.To address this issue, the company could look into other "Place" options, such as finding new locations with higher foot traffic or attending events that are more targeted towards their ideal customers. They might also think about collaborating with local businesses or organisations to increase visibility and reach a larger audience.While the other components of the marketing mix (product, promotion, and price) may need to be adjusted to optimise performance,
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which type of approach to manufacturing tries to anticipate customer demand when deciding how much to produce and when
Answer:
Push manufacturing.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
In Economics, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Technical or productive inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Push manufacturing is a type of approach to manufacturing that typically tries to anticipate customer demand when deciding how much to produce and when. Thus, its required that a manufacturer anticipate the demand of consumers when using the push manufacturing approach.
Which of the following answer choices is consistent with an exogenous improvement in productive technologies that leads to an increase in income? 1. Shifting yB (h) to yA (h) 2. Shifting yA (h) to yB (h) 3. Shifting hA (y) to hB (y) 4. Shifting hB (y) to hA (y)
Shifting hA (y) to hB (y) is consistent with an exogenous improvement in productive technologies that leads to an increase in income.
When there is a shift from hA (y) to hB (y), it implies that there has been an improvement in productive technologies, resulting in higher productivity and income.
An exogenous improvement in productive technologies refers to advancements or changes in the methods, processes, or tools used to produce goods and services. When there is a shift from hA (y) to hB (y), it indicates that there has been a transition or upgrade to more efficient and advanced technologies. As a result, productivity increases, leading to higher output and income levels. This shift represents a positive change in the production process, allowing for greater efficiency and improved economic outcomes. Therefore, shifting hA (y) to hB (y) is consistent with an exogenous improvement in productive technologies and is associated with an increase in income.
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All employers in the U.S. Pay "payroll taxes" on behalf of employees. The Medicare portion of this is 1.45% of pay. If an employee makes $480 in a week, how much does the employer contribute for Medicare?
Answer: $6.96
Explanation:
Weekly earning = $480
Medicare tax rate = 1.45%
1.45% = (1.45/100) = 0.0145
Medicare contribution = Medicare tax rate × weekly earning
Medicare contribution = 0.0145 × $480 Medicare contribution = $6.96
The employees weekly contribution that is apportioned for Medicare is $6.96
Answer:
$7.10 USD
Explanation:
If the Employer is paying 1.48% of the employees paycheck to Medicare on their behalf then in order to calculate the actual amount we must first change the percentage into a decimal by dividing it by 100.
1.48 / 100 = 0.0148
Now that we have the percentage as a decimal we multiply it by the amount that the employee made that week, which in this case is $480
480 * 0.0148 = 7.104
Therefore we can see that $7.10 USD goes to medicate this week.
PLZ PLZ PLZ HELP ME OUT GIVING AWAY MY LAST 16 POINTS FOR THIS!!
The introduction of the credit card was one of the things that led to the creation of database marketing.
False
True
Answer:
True
Explanation:
A credit card allows you to make purchases and pay for them later. In that sense, it's like a short-term loan in market of today's situation this has been revealed.
From this we can conclude that it led to the creation of database in marketing.
Phillipe has two job offers as given below and really has no preference for either company. Compare the total compensations for the job offers and explain which job you think Phillipe should accept and why. Company A Gross pay $62,000 Medical insurance $3,400 Paid time off $8,000 Retirement $2,700 Job expenses $800 Company B Gross pay $60,000 25% of gross pay in employee benefits
Answer:
Explanation:
He should accept job offer #1 bc it pays more and has more benefits.
The rate at which a business increases revenue from sales is
Answer:
There are only four ways to increase revenue in your business: increase the number of consumers, increase the average transaction size, increase the frequency of transactions per client, and raise your rates.
Explanation:
julio and glenda garza have two children in college and a third who is taking graduate courses while working. one of the children in college is a senior and the other is a freshman. the cost of college is $12,000 annually, and the cost of the tuition for the graduate courses is $10,000. the garzas pay half of the graduate school tuition and the child pays half from his earnings. the garzas have an adjusted gross income of $100,000, and their filing status is married filing jointly. all three children live at home and are supported by their parents. what is the maximum amount of lifetime learning credits julio and glenda garza can receive on their income tax return this year? g
The maximum amount of Lifetime Learning Credits Julio and Glenda Garza can receive on their income tax return this year is $0.
The Lifetime Learning Credit is a tax credit available to eligible students and parents who pay qualifying educational expenses during the year. The maximum amount of Lifetime Learning Credits that Julio and Glenda Garza can receive on their income tax return this year is $0.
The reason is that the maximum amount of Lifetime Learning Credits per tax return is $2,000. It is available for up to 20% of the first $10,000 in qualifying educational costs, resulting in a maximum credit of $2,000 per return. Therefore, since the Garzas are paying $12,000 annually for the college costs for two of their children, only $10,000 of those costs will qualify for the Lifetime Learning Credit.
The graduate tuition, on the other hand, is split 50/50 between the Garzas and their child, with only half of the qualifying educational expenses qualifying for the Lifetime Learning Credit. Thus, the maximum amount of Lifetime Learning Credits that the Garzas can receive on their income tax return this year is $0.
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QUESTION 4: ENVIRONMENTAL ISSUES
4.1. Read the scenario below and answer the questions that follow.
NAZIM MANUFACTURERS (NM) Nazim Manufacturers specialises in the manufacturing of furniture and cutlery. Farida, the CEO, provides all the equipment that is necessary to perform the work. The employees of NM use prescribed safety equipment. NM also encourages employees to do regular health checks. The employees of NM requested their colleagues Jan, Elsie, Thula and Craig to ensure that NM complies with COIDA.
4.1.1. Quote the responsibilities of the employer, employee and the business in protecting human health and safety in the workplace from the scenario above. (3)
Environmental issues are results of human interest in the biophysical environment, most customarily of that are dangerous results that purpose environmental degradation.
Main modern Environmental issues may encompass weather change, pollutants, environmental degradation, and useful resource depletion. The conservation motion lobbies for the protection of endangered species and protection of any ecologically precious herbal areas, genetically modified foods, and international warming.
These encompass pollutants, overpopulation, waste disposal, weather alternatives, worldwide warming, the greenhouse effect, and many others.
The listing of Environmental issues in our surroundings goes on, however, there are 3 major ones that affect the general public overall: international warming and climate change; water pollutants and ocean acidification; and lack of biodiversity.
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when the units produced are less than the units sold, the net operating income computed using the variable costing method is ______ the net operating income using the absorption costing method.
When the units produced are less than the units sold, the net operating income computed using the variable costing method will be higher than the net operating income using the absorption costing method.
This is because variable costing treats fixed manufacturing overhead costs as period expenses, meaning that they are expensed in the period they are incurred, rather than being included in the cost of goods sold. This means that if fewer units are produced than sold, there will be less fixed manufacturing overhead costs to be expensed, resulting in a higher net operating income.
On the other hand, absorption costing includes fixed manufacturing overhead costs in the cost of goods sold, which means that if fewer units are produced than sold, the fixed manufacturing overhead costs will be spread over a smaller number of units, resulting in a higher cost of goods sold and a lower net operating income.
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Keesha is the ceo of a publicly-owned company. She was informed by the cfo that the company's earnings were down 30 percent from the prior year due to the recession. The company's stock price has declined by 20 percent. The cfo comes up with a scheme to hide debt and inflate revenues by selling underperforming assets to a special purpose entity affiliated with the company. Keesha is concerned about possible effects on the creditors but ultimately she agrees to the accounting. Keesha is reasoning at.
Keesha, the CEO of a publicly-owned company, is reasoning at Stage 3, which is fairness to others.
Describe Kohlberg's phases of moral development.In 1958, while a graduate psychology student at the University of Chicago, Kohlberg started researching this issue. Pre-conventional, conventional, and post-conventional moral reasoning are three separate levels that Kohlberg established. In order to describe how moral thinking develops, Lawrence Kohlberg created the "Kohlberg phases of moral development" planes of moral sufficiency.
The idea was developed at the University of Chicago while the author was a psychology student. It was motivated by a concern with children's responses to moral quandaries and by the work of Jean Piaget. In 1958, he composed a Ph.D. dissertation at the institution explaining what is now referred to as his stages of moral development.
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The complete question is:
Keesha is the CEO of a publicly-owned company. She was informed by the CFO that the company's earnings were down 30 percent from the prior year due to the recession. The company's stock price has declined by 20 percent. The CFO comes up with a scheme to hide debt and inflate revenues by selling underperforming assets to a special purpose entity affiliated with the company. Keesha is concerned about possible effects on the creditors but ultimately she agrees to the accounting. Keesha is reasoning at:
Stage 1
Stage 2
Stage 3
Stage 4
carriage inward is recorded on the dash account
a credit side of the trading
b debit side of the cash book
c debit side of the trading
d credit side of the profit and loss
Answer:
A or the first option
Explanation:
Answer:
C
Explanation:
Carriage inwards is an expense and expenses are debited.
Acme enterprises issued shares of common stock for an amount in excess of par value. the journal entry to record this transactions includes a credit to?
The journal entry to record the issuance of shares of common stock for an amount in excess of par value includes a credit to Common Stock.
When a company like Acme Enterprises issues shares of common stock for an amount greater than the par value, it results in a situation known as "additional paid-in capital" or "share premium." The par value represents the nominal or stated value of the shares, while the amount in excess of par value is considered additional paid-in capital.
To record this transaction, the journal entry would typically involve debiting the Cash account to reflect the inflow of cash from the issuance of the shares. Simultaneously, a credit would be made to the Common Stock account to record the par value of the shares issued. Any excess amount received over the par value would be credited to the Additional Paid-in Capital or Share Premium account.
The above explanation provides a general understanding of how such a transaction would be recorded, but the actual journal entry may vary depending on the company's specific accounting policies and regulations.
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Each department within an organization should develop a _______ strategy to outline how the department will improve its ability to perform task-specific activities in ways that add value to the organization's goods and services.
The type of strategy that each department within an organization develop to outline how the department will improve its ability in order to perform specific tasks in contributing value to the goods and services of the organization is: functional level strategy.
What is Functional Level Strategy?Functional level strategies can be defined as the goals and actions that are assigned to each department in an organization.The goals and actions in functional level strategy of every department are to support the business organization's business level and corporate level strategies. They form part of the daily operations of the various specific departments of the business organization.Therefore, the type of strategy that each department within an organization develop to outline how the department will improve its ability in order to perform specific tasks in contributing value to the goods and services of the organization is: functional level strategy.
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
the base year is the year group of answer choices in which prices are unstable. in which prices are lowest. in which prices are highest. that serves as a reference point or benchmark.
The base year is the year that serves as a reference point or benchmark is the correct option.
Explanation:
What is the base year?
The base year is a specific year used as a reference point for measuring changes in prices or other economic variables. To provide more accurate economic indicators, countries typically establish a base year to standardize economic data.
In economics, the base year is used to establish a price index that evaluates the price changes of products or services over a specified period. The base year's cost is utilized as a benchmark or a reference point to determine the price movements in subsequent years. It is usually chosen when prices are steady, and economic activity is relatively stable.
In general, there are three major uses of the base year in economics; calculating real gross domestic product, calculating price indices, and measuring inflation. These three methods are widely utilized by economists to provide accurate data to the public regarding the economic condition of the country.
Hence, the correct option is a reference point or benchmark .
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_____ is a risky short-term investment activity. group of answer choices purchasing life insurance buying real estate speculating in securities investing in mutual funds
A risky short-term investment activity is speculating in securities, which is the short-term purchasing and selling of assets that makes the future values and returns highly unclear.
What is short-term investment?Any investment that matures in less than a year is considered a short-term investment. They are incredibly liquid instruments, which allows them to mature in less than a year.
A debt or equity security that will be sold or converted to cash within the next three to twelve months is referred to as a short-term investment. It's a stock or bond that management plans to sell within the current fiscal year in order to make a tidy profit. These short-term securities are the most popularly held ones.
Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years. After only three to twelve months, many short-term investments are sold or turned into cash.
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Which of the following is the best example of a SMART goal?
A. Graduate with a degree in business.
B. Learn as much about marketing as possible.
C. Graduate with a bachelor's degree in marketing in a year.
D. Earn a "B" or better in my Intro to Marketing course this semester.
Answer:
c
Explanation:
although all were good options for answers, but this graduate got through this in a year, Speaks volumes to me
Answer:
The answer is definitely: D. Earn a "B" or better in my Introduction to Marketing course this semester.
Explanation:
100 % correct
sonya is a product manager for the container store, a retailer of storage containers, closet systems, and more. sales have been declining in the past nine months and her management team is pressuring her to compete based on price discounts. however, sonya is aware of the dangers associated with engaging in price competition. she knows that competitors can also change prices quickly and aggressively, which can result in a(n) that will be harmful to both companies.
Engaging in price competition can lead to a price war that will be harmful to both companies.
Sonya, as a product manager for the Container Store, is facing pressure from her management team to compete based on price discounts due to declining sales. However, she is aware of the dangers associated with engaging in price competition. One of the major risks is the potential for a price war. When competitors change prices quickly and aggressively in response to each other's price cuts, it can escalate into a price war. In a price war, companies continuously lower their prices to attract customers, resulting in shrinking profit margins and decreased overall profitability. Price wars can also damage brand reputation and customer perception of value. Both companies involved can suffer long-term consequences such as decreased market share, weakened financial performance, and even potential bankruptcy.
Therefore, Sonya understands that engaging in price competition can lead to a harmful price war, making it important to consider alternative strategies for regaining sales and profitability.
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list down five important elements on which market survey is carried out.
Answer: 8 Steps to a Successful Market Survey
Set a clear goal. ...
Know what target market to survey. ...
Know what you want to investigate. ...
Get help from the people who know surveys. ...
Consider the best way to get your answers. ...
Administer the survey effectively. ...
Conduct a thorough survey analysis. ...
Uncover the wider implications.
The 20 Most Valuable Market Research Surveys
1 – Market Description Surveys. ...
2 – Market Profiling-Segmentation Surveys. ...
3 – Stage in the Purchase Process / Tracking Surveys. ...
4 – Customer Intention – Purchase Analysis Surveys. ...
5 – Customer Attitudes and Expectations Surveys.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Discuss between quality control and quality assurance
Explanation:
Quality control and quality assurance are two essential concepts in the field of product and service quality management.
Quality control refers to the set of measures taken to ensure that the final product or service meets the required standards of quality. It is a reactive approach that involves detecting and correcting defects in the product or service during or after production. Quality control is concerned with the inspection, testing, and sampling of products or services to ensure they meet the pre-established quality standards. It mainly involves the measurement of product or service attributes and comparing them to the desired levels.
On the other hand, quality assurance is a proactive approach that focuses on preventing defects before they occur. It is a systematic and comprehensive process that involves developing and implementing standards, procedures, and policies to ensure that the product or service meets the required level of quality. Quality assurance focuses on the entire production process, from the planning and design stage to the final product or service delivery. It involves continuous monitoring of the production process, identifying areas that may cause defects, and implementing corrective actions to prevent them from happening.
In summary, quality control is concerned with detecting and correcting defects in the product or service, while quality assurance is focused on preventing defects from occurring in the first place by implementing effective processes and procedures. Both approaches are critical in ensuring that products and services meet the required level of quality and customer satisfaction.
Dwyer/Morris pharmaceutical is considering two major investments and the respective cash flows are as follows:
period project 1 cash flow project 2 CF
0 (100,000) (100,000)
1 10,000 50,000
2 20,000 50,000
3 60,000 10,000
4 70,000 5,000
5 80,000 5,000
Both projects will be financed using funds generated from:
i. $1000,000 $1 Ordinary shares with a market value of $2.00 per share and an estimated cost of 22%
ii. $500,000 $1 Preference shares with a market value of 80 cents and an estimated cost of 15%
iii. $1 million Debenture stock with a market value of $80 per 100 nominal value and an estimated cost of 9%
You are required to:
Calculate the Weighted average cost of capital 9 marks
Calculate the Net Present value of each project 11 marks
Question 2
A project has an initial cost of $60 000, expected net cash inflows of $12,000 per year for 5 years, and a cost of capital of 12%.
What is the project’s MIRR? 10 marks
The WACC stands at 17. 25% when considering the weighted average expense of funds.
Project 1 has a net present value (NPV) of $11,633 whereas
Project 2 has a higher NPV of $17,594.
The project's MIRR stands at 15. 77%
How to solveTo determine the WACC, one must first assess the cost of each capital source and then assign a weight based on its percentage contribution to the overall capital structure of the business.
The expected return on equity amounts to 22%, the anticipated return on debt stands at 9%, while the projected return on preferred stock is 15%.
To determine the net present value of a project, one must evaluate the current worth of the project's cash inflows by adjusting them for the impact of time using a discount rate.
One way to determine the MIRR involves identifying the rate at which the present value of a project's future cash flows would be zero.
The project is deemed a profitable investment as both the NPV and MIRR demonstrate positive outcomes.
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The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,300 direct labor-hours will be required in January. The variable overhead rate is $8 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,170 per month, which includes depreciation of $3,590. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Answer:
$65,980
Explanation:
Calculation for what The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be
Using this formula
Cash disbursements for manufacturing overhead= Variable + Fixed
Let plug in the formula
Cash disbursements for manufacturing overhead=(3,300*$8) + ($43,170 - $3,590)
Cash disbursements for manufacturing overhead= $26,400 + $39,580
Cash disbursements for manufacturing overhead= $65,980
Therefore The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $65,980
Raj and Annie, owners of a trucking company, are discussing opening a new distribution center and are analyzing the estimated cost and potential benefits of the project. Raj and Annie are behaving rationally because:___________
Raj and Annie, owners of a trucking company, are behaving rationally because they are analyzing the estimated cost and potential benefits of opening a new distribution center.
By evaluating the cost and benefits of the project, Raj and Annie are demonstrating rational behavior. Rationality in decision-making involves assessing the potential outcomes and considering the associated costs before making a decision. In this case, Raj and Annie are actively analyzing the estimated cost of opening the distribution center, including expenses such as construction, equipment, staffing, and operational costs.
Additionally, they are considering the potential benefits that the new distribution center can bring to their trucking company, such as increased efficiency, expanded market reach, and higher profitability. This rational approach allows them to make an informed decision based on a careful evaluation of the costs and benefits involved in the project.
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You need $76,000 in 11 years. If you can earn .43 percent per month, how much will you have to deposit today?
Answer:
$ 43,135.67
Explanation:
The amount required today is the present value of the future expected amount in 11 years computed using the present value formula below:
PV=FV/(1+r)^n*m
PV=the unknown present value
FV=$76,000
r=monthly interest rate=0.43%
n=number of years=11
m=number of months in 1 year=12
PV=$76,000/(1+0.43%)^(11*12)
PV=$76,000/(1+0.43%)^132
PV=$76,000/1.761883042
PV=$ 43,135.67
Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to contribute to his annual college expenses?
$11,425
$11,465
$12,425
$12,465
Answer:
$12,425
Explanation:
Richard we will contribute the difference between the expected annual expenses and the grant.
Expected expenses = $17,745
Grants, $5,320
Richard Contribution :
=$17,745 - $5,320
=$12,425
Answer:
the answer is C. 12,425
Explanation:
The following materials standards have been established for a particular product:
Standard quantity per unit of output4.8pounds
Standard price$13.60per pound
The following data pertain to operations concerning the product for the last month:
Actual materials purchased5,400pounds
Actual cost of materials purchased$63,280
Actual materials used in production4,900pounds
Actual output740units
The direct materials purchases variance is computed when the materials are purchased.
What is the materials quantity variance for the month?
$5,859 U
$15,797 U
$18,333 U
$6,800 U
The materials quantity variance for the month is $18,333 unfavorable (U).
To calculate the materials quantity variance, we need to compare the actual quantity of materials used in production with the standard quantity allowed for the output achieved.
The standard quantity per unit of output is 4.8 pounds, and the actual output for the month is 740 units. Therefore, the standard quantity allowed for the actual output is 4.8 pounds per unit multiplied by 740 units, which equals 3,552 pounds.
The actual materials used in production is given as 4,900 pounds. To calculate the materials quantity variance, we subtract the standard quantity allowed (3,552 pounds) from the actual quantity used (4,900 pounds). The result is 1,348 pounds.
Since the actual quantity used exceeds the standard quantity allowed, the materials quantity variance is unfavorable. The calculation is as follows: (Actual Quantity Used - Standard Quantity Allowed) x Standard Price per Pound = (4,900 - 3,552) x $13.60 = $18,333 U.
Therefore, the materials quantity variance for the month is $18,333 unfavorable (U), indicating that more materials were used than the standard allowed for the actual level of production.
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TRUE OR FALSE research has demonstrated that layoffs can erode the competitive advantage that a firm achieves through adopting a set of human resource practices that demonstrate high commitment to employees.
The given statement "research has demonstrated that layoffs can erode the competitive advantage that a firm achieves through adopting a set of human resource practices that demonstrate high commitment to employees." is True. Research has shown that layoffs can have a negative impact on a firm's competitive advantage, particularly when the firm has adopted a set of human resource practices that demonstrate a high level of commitment to employees
Layoffs can erode the trust and loyalty that employees have in their employer, which can result in decreased morale, lower productivity, and reduced innovation. Furthermore, layoffs can also lead to the loss of valuable skills and knowledge, which can be difficult to replace. One study conducted by Cascio and Boudreau (2011) found that firms that adopted high-commitment human resource practices were more likely to experience negative outcomes following layoffs, including decreased innovation, lower employee motivation, and reduced customer satisfaction.
In contrast, firms that did not adopt these practices were less likely to experience negative outcomes following layoffs. Therefore, it is important for firms to carefully consider the potential consequences of layoffs before implementing them. Firms that have adopted high-commitment human resource practices may want to consider alternative strategies for cost reduction, such as reducing hours or implementing furloughs, in order to maintain the trust and commitment of their employees.
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Madison purchased a desk for her home office for $587.33. Using the store's installment plan, she made a $147.00 down payment. What amount did she finance?
$587.33−$147=$440.33 The amount financed is the sum of the down payment and the cash price.
Why is there a down payment needed?With a down payment, a buyer can take possession of the house or car and reduce their monthly mortgage main and interest payments. A lower interest rate can be obtained by the buyer by making a larger down payment. A down payment is a one-time, upfront sum paid for pricey goods or services, such as a car or a home. It is frequently paid in cash or anything of value at the time the transaction is finished. After that, a loan of some form must be used to finance the remaining portion of the payment.
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