Answer:
(a) $88,850
(b) $26,360
(c) $35,660
(d) $248,270
(e) $268,040
(f) $251,100
(g) $19,100
(h) $81,800
(i) $412,060
Explanation:
$59,750 + $50,000 - $198,600 = $88,850
$198,600 - $224,960 = $26,360
$224,960 - $189,300 = $35,660
$73,230 + $90,370 + $84,670 = $248,270
$248,270 + $19,770 = $268,040
$268,040 - $16,940 = $251,100
$133,500 + $104,900 - $257,500 = $19,100
$257,500 - $339,300 = $81,800
$339,300 + $72,760 = $412,060
The cost of goods manufactured calculates the total production cost of manufactured goods in a particular period.
Manufacturing cost data for Copa Company
(A)Direct materials used= $59,750 + $50,000 - $198,600 = $88,850
(B)Work in process 1/1/20 =$198,600 - $224,960 = $26,360
(C)Work in process 12/31/20=$224,960 - $189,300 = $35,660
(D)Total manufacturing costs=$73,230 + $90,370 + $84,670 = $248,270
(E)Total cost of work in process =$248,270 + $19,770 = $268,040
(F)Cost of goods manufactured=$268,040 - $16,940 = $251,100
(G)Direct labor=$133,500 + $104,900 - $257,500 = $19,100
(H)Work in process 1/1/20 =$257,500 - $339,300 = $81,800
(I)Cost of goods manufactured=$339,300 + $72,760 = $412,060
Learn more about direct labor, refer to the link:
https://brainly.com/question/15860064
If an item is $2.49 for 15 ounces, then it is $ 5.7 /ounce. (Express answer in dollars and cents. Round to the nearest cent.)
As per the concept of Currency exchange, If the item is 2 dollar 50 cents for 15 ounces, then it is 5 dollar 70 cents per ounces.
Currency exchange:
Currency exchange refers the licensed business that allows customers to exchange one currency for another.
Given,
If an item is $2.49 for 15 ounces, then it is $ 5.7 /ounce.
Now, we have to express the value in dollars and cents.
Basically, we know that,
1 dollar = 100 cents.
But here we have to convert only the decimal value in the price,
So, we have to take the decimal values in it,
Then we get,
.49 and .7.
Now, we have to multiply 100 with this value in order to convert it into cent,
=> .49 x 100 = 49 cents
When we round off it then we get 50 cents.
=> .7 x 100 = 70 cents.
Therefore, it can be expressed as, 2 dollar 50 cents and 5 dollar and 70 cents.
To know more about Currency exchange here.
https://brainly.com/question/13736607
#SPJ1
which of the following terms was defined by researcher christina maslach as a psychological syndrome in response to chronic interpersonal stressors on the job?
Burnout is a term defined by researcher Christina Maslach as a psychological syndrome in response to chronic interpersonal stressors at work. It is a state of physical, emotional and mental exhaustion caused by excessive and prolonged stress.
It occurs when an individual feels so overwhelmed and unable to meet the constant demands of their job. Burnout can be caused by a number of factors, including lack of recognition, unrealistic expectations from superiors, and lack of control over one's work. To prevent burnout, it's important for employers to create a healthy work environment that offers support, recognition and meaningful opportunities for growth.
To know more about burnout click here
https://brainly.com/question/29495009
#SPJ4
Many U S citizen are stimulated by change and thrive on new opportunities. Theses citizens probably have a high level of acceptance for which dimension of cultural differences
The dimension of cultural difference that the U.S. citizens, who are stimulated by change and thrive on new opportunities, probably have a high level of acceptance for is the dimension of uncertainty avoidance.
Uncertainty avoidance is the level of an individual's resistance or tolerance to ambiguity or anxiety-provoking situations in new or uncertain conditions.
In certain nations, the capacity to deal with ambiguity is a key personality attribute. On the other hand, in certain cultures, the capacity to withstand ambiguity is not considered essential.
Hence, the U.S. citizens, who are stimulated by change and thrive on new opportunities, probably have a high level of acceptance for the dimension of cultural differences.
For more question on opportunities
https://brainly.com/question/29887118
#SPJ8
Someone help soon please!
Answer:
i'd go with some time in colage with ne degree. ;)
Explanation:
Assume that EEG Company wanted to reduce the cost of materials handling in each of its stores, and management set a target reduction of 2 percent per year. If a given store has current annual materials handling costs of $200,000 and expected an increase next year due to 15 percent growth, the budget for next year would be: A. $230,000 B. $216,000 C. $196,000 D. $225,400
The dean of the School of Fine Arts is trying to decide whether to purchase a copy machine to place in the lobby of the building. The machine would add to student convenience, but the dean feels compelled to earn an 10 percent return on the investment of funds. Estimates of cash inflows from copy machines that have been placed in other university buildings indicate that the copy machine would probably produce incremental cash inflows of approximately $13,000 per year. The machine is expected to have a three-year useful life with a zero salvage value.
Use Present Value Appendix PV of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine.
Note: Round your intermediate calculations and final answer to 2 decimal places.
Use Present Value Appendix PVA of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine.
The dean should be willing to pay up to $32,324.40 for the copy machine, given the expected incremental cash inflows and the three-year useful life of the machine.
To determine the maximum amount of cash the dean should be willing to pay for a copy machine, we need to calculate the present value of the incremental cash inflows.
Using the Present Value of $1 table with a 10% discount rate, we can find the present value factor for a three-year period: 0.751.
Therefore, the present value of the incremental cash inflows is:
$13,000 x 0.751 = $9,763
This means that the maximum amount of cash the dean should be willing to pay for the copy machine is $9,763.
To calculate the present value of an annuity of $1, we can use the Present Value of an Annuity of $1 table. In this case, we need to use the same 10% discount rate and a three-year period.
The present value factor for an annuity of $1 for three years at 10% is 2.4868.
So, the maximum amount of cash the dean should be willing to pay for the copy machine, taking into account the incremental cash inflows over the three-year useful life of the machine, is
$13,000 x 2.4868 = $32,324.40
To know more about cash inflows here
https://brainly.com/question/31086720
#SPJ1
provide 2 examples from the news of firms in perfectly competitive markets. Discuss how costs impact these firms' profitability.
A theoretical market structure known as pure or perfect competition occurs when several requirements, including perfect information and resource mobility, are met.
What are some instances of markets that are completely competitive?
Take into account a farmers market where every seller is selling the same brand of jam. Since they all use the same recipe and charge the same price for their products, there is little difference between them. Price is determined by the forces of supply and demand in a market with perfect competition. Both the supply of goods from suppliers and the demand for goods from consumers affect prices .
To know more about competitive markets click on the link below:
https://brainly.com/question/28267513
#SPJ1
7. What is not an example of a spending mistake?
A Paying only the minimum payments on your credit card each month.
B Spending more than you make.
C Paying all of your bills on time. W
D Paying your cable bill late.
See an example of some university project that presented some accounting student who spoken of a company or corporation that the audited statements, the general balance, the state of results for two years comparative in the United States and that are available before the previous ones for the public and that speaks what are the objectives of the company to include the industry that operate in the main source of income, capitalization (capital, bonds, etc.) and any debt of responsibility and prepare a financial prognosis of the company using the company using the Information from the audited financial statements or the annual report of the company. The financial prognosis must discuss its interpretation of how the business will work in relation to current events and market conditions.5 Prepare one or two weeks of simulated transactions that is typical for the company (such as salary purchases, sales, etc. ) These transactions must be congruent to the nature of the company you choose. Prepare source supporting documents, such as invoice and title documents, etc. 6 PERIODE THE TRANSATIONS USING THE GENERAL MAGAZINE AND PUBLISH TO THE BOARD AND PREPARE A TEST BALANCE. Support the document with the General Audited Balance and the Income States of your investigation.
Here is an example of a university project for an accounting student that involves analyzing a company's financial statements, preparing a financial prognosis, and simulating transactions:
Title: Financial Analysis and Prognosis of XYZ Corporation
1.Introduction:
Briefly introduce XYZ Corporation, its industry, and its main source of income.
Discuss the objectives of the company, such as growth, profitability, and market share.
2.Analysis of Audited Financial Statements:
Present the audited financial statements (balance sheet and income statement) for two years in a comparative format.
Analyze key financial ratios, trends, and performance indicators.
Discuss the company's capitalization structure, including capital, bonds, and any outstanding debts.
Evaluate the company's financial health, liquidity, solvency, and profitability.
3.Financial Prognosis:
Utilize the information from the audited financial statements and annual report to prepare a financial prognosis for the company.
Consider current events and market conditions that may impact the company's future performance.
Interpret how the business is expected to perform in terms of revenue, expenses, profitability, and potential risks.
4.Simulated Transactions:
Prepare one or two weeks of simulated transactions that are typical for XYZ Corporation, such as salary payments, purchases, and sales.
Ensure that the nature of the transactions aligns with the company's operations and industry.
Include supporting documents for each transaction, such as invoices, receipts, and title documents.
5.Recording and Posting Transactions:
Use a general journal to record the simulated transactions chronologically.
Post the transactions to the general ledger accounts.
Prepare a trial balance to ensure that the debits and credits are in balance.
6.Comparison with Audited Financial Statements:
Compare the simulated transactions and the resulting trial balance with the audited financial statements.
Discuss any discrepancies or variations observed.
Analyze the impact of the simulated transactions on the financial position and performance of the company.
7.Conclusion:
Summarize the findings from the financial analysis, prognosis, and simulated transactions.
Provide insights into the company's strengths, weaknesses, and potential opportunities.
Discuss the limitations of the analysis and suggest areas for further research or improvement.
Remember to adapt this example to the specific company and industry chosen for the project, and ensure that the financial analysis and prognosis are based on accurate and relevant information.
For such more questions on financial
https://brainly.com/question/989344
#SPJ11
TRUE/FALSE. The financial system coordinates investment and saving, which are important determinants of long-run real GDP.
The financial system coordinates investment and saving, which are important determinants of long-run real GDP. True
The financial system plays a critical role in coordinating investment and saving, which are important determinants of long-run real GDP. Investment refers to the creation of new capital goods, such as factories, machinery, and equipment, while saving refers to the portion of income that is not spent on consumption and instead is used to finance investment.
In a well-functioning financial system, savers can supply funds to investors who need them, facilitating the allocation of capital to its most productive uses. This helps to promote economic growth over the long run by increasing the stock of capital, which in turn increases productivity and output.
Conversely, a poorly functioning financial system can impede the allocation of capital to its most productive uses, leading to slower economic growth and lower living standards. Therefore, the financial system is an essential component of any modern economy and plays a crucial role in promoting long-term economic prosperity.
Learn more about financial system
https://brainly.com/question/27961174
#SPJ4
identify each CSTO from its description
A schedule of machinery owned by Waterway Industries is presented below:
Total Cost Estimated Salvage Value Estimated Life in Years
Machine X $593000 $40000 14
Machine Y 816000 82000 10
Machine Z 301000 61000 6
Waterway computes depreciation by the composite method. The composite rate of depreciation (in percent) for these assets is :_________
a. 8.44.
b. 8.94.
c. 13.74.
d. 10.17.
Answer:
b. 8.94%
Explanation:
Cost Salvage Depreciable cost Life Depreciation
Machine X 593,000 40,000 553,000 14 39,500
Machine Y 816,000 82,000 734,000 10 73,400
Machine Z 301,000 61,000 240,000 6 40,000
1,710,000 1,527,000 152,900
Composite Rate = Total Depreciation/Total Cost
Composite Rate = 152,900 / 1,710,000
Composite Rate = 0.089415205
Composite Rate = 8.94%
The sales representative for a manufacturer of a new product claims that the product will increase output per machine by at least 29 units per hour. A line manager installs the product on 15 of the machines, and finds that the average increase was only 26 with a standard deviation of 6.2. What are the appropriate null and alternative hypotheses?
The null and the alternative hypothesis will be u = 29 and H1: u > 29.
What is a null hypothesis?A null hypothesis simply means the hypothesis that propose that there's no difference between the characteristics in the population.
In this case, the null and the alternative hypothesis will be u = 29 and H1: u > 29.
Learn more about hypothesis on:
https://brainly.com/question/11555274
A description of your specific goals. Consider addressing the financial
discussion process as part of this section, what have you learned
from your peers?
A crucial part of this process is understanding the financial discussion, including the financial planning process, to ensure that your goals are attainable and sustainable in the long term.
Additionally, learning from peers and experts in the field can provide valuable insights into effective goal-setting strategies and financial planning methods. To start, specific goals must be measurable and realistic to achieve. Setting a goal to save $10,000 in a year is a good example of a specific goal that is achievable.
As part of the financial discussion process, it is essential to analyze your current financial situation and determine how much money you have available to invest in your goal. A personal budget is an excellent tool for this task. Budgeting helps to track your income and expenses to get an accurate picture of your financial situation. Once you have established your goals and analyzed your finances, you can begin to determine how to allocate your resources to achieve your goals.
Peer learning can be a valuable tool to gain insights into the best strategies for achieving financial goals. For example, a peer may have successfully paid off their student loans using a specific strategy that you could adopt or modify to suit your financial goals.
In conclusion, setting specific goals requires a clear understanding of your current financial situation, including income, expenses, and financial assets. Developing effective strategies and leveraging the insights gained from peers can help you achieve your goals. The financial discussion process helps to ensure that your goals are sustainable and realistic to achieve in the long term.
Know more about Financial planning process here:
https://brainly.com/question/1985202
#SPJ8
Kesselring Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations: Budgeted unit sales (all on credit): July8,400 August8,800 September12,200 Raw materials requirement per unit of output 4pounds Raw materials cost$3.00per pound Direct labor requirement per unit of output 2.8direct labor-hours Direct labor wage rate$18.00per direct labor-hour Predetermined overhead rate (all variable)$11.00per direct labor-hour The ending finished goods inventory should equal 40% of the following month's sales. The budgeted finished goods inventory balance at the end of August is closest to: (Round your intermediate calculations to 2 decimal places.) Select one: A. $454,816 B. $358,192 C. $304,512 D. $150,304
In which scenario is an individual's behavior least likely to change?
a. The city of Saskatoon chooses to give its residents a penny for each soda can they recycle in an effort to promote environmental awareness.
b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.
c. A basketball team manages to sign a trio of famous basketball stars who then clamor for other players to come join their team to win a guaranteed championship.
d. The country of Ravamolk enacts a policy to fine companies 20% of their earnings if the safety standards in their factories do not reach acceptable work conditions.
An individual's behavior is least likely to change when merely informed of a healthier option, like in Scenario B, as there is no incentive or consequential action attached.
Explanation:In the given scenarios, an individual's behavior is least likely to change in Scenario B where the city of Bakersville tells its residents to eat wheat bread instead of white bread. This scenario only involves information provision with no rewarding or punitive actions attached to induce behavior change, as compared to the rest of the scenarios. Behavioral change usually occurs when there are incentives or penalties associated with the action. For instance, in Scenarios A & D, Saskatoon and Ravamolk are using a reward technique and penalties respectively, as a trigger for behavioral change. Scenario C is using the appeal of fame and success to encourage change. But talking about bread choice without any consequential actions does not guarantee a behavior change.
Learn more about Behavioral Change here:https://brainly.com/question/36615842
#SPJ2
Baker Corp. pays a constant $1.8 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 5 percent, what would the current share price be
Answer:
1.8 divided by 15 easy
Explanation:
0. somthing
Many large, packaged goods marketers like Procter & Gamble, Kraft, and Pillsbury have used the product manager (or brand manager) system of marketing organization and implementation. Which of the following is the key advantage of this system?
A. Product managers have relatively little authority
B. Product managers are short-term in their orientation
C. Product managers have direct responsibility for research and development of new products
D. Product managers can assume profit-and-loss responsibility for the performance of the product line
E. Product managers have line responsibility over sales managers
Answer:
C. Product managers have direct responsibility for research and development of new products
Explanation:
The position of Product manager is an all-encompassing role. He is tasked with the job of ensuring the members of the team are up and doing; he ensures each member of the team supplies considerable input to the end that the team effort can be evidently seen. The Product manager is also saddled with the responsibility of ensuring swift communication amidst all parties; he splits complex tasks into easily understandable processes. He sets the target and goal for each team member; he is the one who accesses and optimizes team members' performances.
Despite and inspite of these varying responsibilities, the biggest and most vital task of the Product manager is to research products, assess the market (customers), create services/products which are innovative and solve critical problems thereby, adding value to the customer base. The more information he has about the market and need of the customers, the better he is able to tailor the products and services rendered to address those needs. Overall, the Product manager due to his extensive involvement and oversight, he ensures that the chances of product failure is significantly reduced.
In the light of the explanation above, Option C. (Product managers have direct responsibility for research and development of new products) is the correct answer.
what is the proper way to eat in class
The proper way to eat in class is to follow the rules and teacher's instructions, choose quiet and odorless foods, eat discreetly, and be respectful of others.
1: Be mindful of the class rules and teacher's instructions. Different schools and teachers may have different policies regarding eating in class. Make sure you are aware of these rules before proceeding.
2: Choose appropriate foods. Opt for foods that are quiet, odorless, and easy to eat without making a mess. Avoid foods that are crunchy, smelly, or require utensils, as they may disrupt the class or distract other students.
3: Prepare in advance. If you know you will be hungry during class, have a small snack or meal before class starts to curb your hunger. This way, you won't be tempted to eat during the class session.
4: Eat discreetly. If you do need to eat something during class, do so discreetly. Choose a moment when the teacher is not actively speaking or when there is a break in the lesson. Take small, quiet bites and avoid making unnecessary noise.
5: Be respectful of others. Ensure that your eating habits do not disturb or distract your classmates. Avoid chewing loudly, slurping drinks, or engaging in messy eating habits. Keep your focus on the class material while eating.
6: Clean up after yourself. Dispose of any food wrappers or containers properly in designated trash cans. If you accidentally make a mess, clean it up discreetly and quickly to avoid drawing attention.
7: Follow teacher's instructions. If your teacher explicitly prohibits eating in class, respect their rules and refrain from eating until an appropriate time, such as during designated breaks or lunchtime.
Remember, the primary purpose of being in class is to learn and engage in educational activities. Eating should only be done when necessary and in a manner that does not disrupt the learning environment.
For more such questions on respectful, click on:
https://brainly.com/question/24690729
#SPJ8
the wildlife department has been feeding special food to rainbow trout finger lings in a pond. A sample of weight of 40 trout revealed that the mean weight is 402.7 grams and the standard deviation 8.8 grams .
what is estimated mean wight of population? what is 99% confidence interval?,what degree of confidence is being used? interparet the result
We estimate the mean weight of the population to be 402.7 grams, with a 99% confidence interval of (398.77, 406.63) grams. The degree of confidence used is 99%.
To estimate the mean weight of the population of rainbow trout fingerlings, we can use the sample mean as an estimate. In this case, the sample mean weight is 402.7 grams.
Since the sample is a good representation of the population, we can consider this as our estimate for the population mean weight.
To determine the 99% confidence interval, we need to calculate the margin of error. The margin of error is given by multiplying the critical value (z*) with the standard deviation of the sample mean.
For a 99% confidence level, the critical value is 2.576 (obtained from a standard normal distribution table).
The margin of error is then calculated as 2.576 * (8.8 / sqrt(40)), which equals 3.932 grams. Therefore, the 99% confidence interval for the mean weight of the population is 402.7 ± 3.932, or approximately (398.77, 406.63) grams.
The degree of confidence used is 99%, meaning that if we repeated the sampling process multiple times, approximately 99% of the resulting confidence intervals would contain the true population mean weight.
In conclusion, we estimate the mean weight of the population to be 402.7 grams, with a 99% confidence interval of (398.77, 406.63) grams. This means we are 99% confident that the true population mean weight falls within this range.
For more such questions on population
https://brainly.com/question/25849702
#SPJ11
Record the sale by Balus Company of $131,000 in accounts receivable on May 1. Balus is charged a 3.00% factoring fee.
On May 1, note the sale of $131,000 in receivables by the Balus Company. A factoring fee of 3.00% is assessed to Balus as a debit to cash, a debit to factor fee expense, and a credit to accounts receivable.
Define Debit to cash.The amount of cash on hand increases after debiting a cash account. However, if you debit an accounts payable account, the amount of the accounts payable liability decreases.
The factoring fee, which is also referred to as the discount rate, varies from 1% to 5%, depending on the size of the invoice, the volume of sales, the creditworthiness of the client, and whether the factor is "recourse" or "nonrecourse."
To know more about debit cash, visit:
https://brainly.com/question/28188619
#SPJ1
Projected sales for Vehicle Z are 365,000. Current inventory is 75,000 and the inventory target is 30 days. What should the scheduled production be?
the answer is 320,000
you welcome
The correct option for What should the scheduled production be is D. 3,20,000
Projected sale of vehicles = 3,65,000
Per day sale of vehicles ( 365000/365 ) = 1000
Target inventory = 30 days
Therefore, Target's inventory = ( 30 × 1000 ) = 30,000
Product schedule:
Target inventory ( closing ) = 30,000
Add: Projected sales = 3,65,000
= 3,95,000
Less: current inventory = - 75,000
Production = 3,20,000
What is the meaning of the Current inventory?
Current Inventory means the subset of Conveyed Inventory that are first quality, ready saleable finished goods available for sale as part of the Business for the “Fall 2004” or later collections.
Your question is incomplete. Please read below for the missing content.
Projected sales for Vehicle Z are 365,000. The current inventory is 75,000 and the inventory target is 30 days. What should the scheduled production be?
A. 4,40,000
B. 2,90,000
C. 3,65,000
D. 3,20,000
Learn more about the Current Inventory here https://brainly.com/question/25947903
#SPJ2
The following information is available for Birch Company at December 31: Money market fund balance $ 2,910 Certificate of deposit maturing June 30 of next year $ 16,200 Postdated checks from customers $ 1,775 Cash in bank account $ 23,631 NSF checks from customers returned by bank $ 770 Cash in petty cash fund $ 320 Inventory of postage stamps $ 30 U.S. Treasury bill purchased on December 15 and maturing on February 28 of following year $ 11,200 Based on this information, Birch Company should report Cash and Cash Equivalents on December 31 of:
Answer:
$38,061
Explanation:
Calculation for the Cash and Cash Equivalents on December 31
Money market fund balance $ 2,910
Cash in bank account $ 23,631
Cash in petty cash fund $ 320
Treasury bill purchased $11,200
Total=$38,061
Therefore Birch Company should report Cash and Cash Equivalents on December 31 of: $38,061
Complete the growth estimate for the years 2022 to 2025 as follows:
A.) In cell c16, create a formula that adds 1 to the growth rate (cell c14) and multiples the results by the estimated profit from 2021 (cell c15)
To complete the above excel task, you can do the following:
Select cell C16.Enter the following formula in cell C16: =(1+C14)*C15.Press Enter to calculate the result.What is a growth estimate?A business's growth value is the present value of the predicted future cash flows generated by the organization.
The most important element in valuation, particularly for high-growth companies, is the growth rate used to anticipate future sales and earnings.
The formula above will add 1 to the growth rate (column C14) and multiply the result by the expected profit from 2021 ( cell C15) to give you an estimate of future growth.
Learn more about MS Excel:
https://brainly.com/question/30324226
#SPJ1
Which statement best illustrates an example of economic specialization?
A. An employee leaves a large corporation to start her own business.
о B. A country decides to stop importing goods from foreign
companies.
O C. A business owner only hires employees with a wide variety of
skills.
O D. An artist becomes an expert at designing websites for restaurants.
SUBMIT
An artist becomes an expert at designing websites for restaurants such a statement best illustrates an example of economic specialization. The correct option is D.
Economic specialization entails the development of specialized knowledge and skills in a particular area of economic activity, and the best example of this is an artist who becomes an expert at creating websites for restaurants.
Economic specialization is the process through which people, organizations, or entire nations concentrate on manufacturing particular commodities or services for which they have a comparative advantage in order to boost production and efficiency. By specializing, people or companies can become more skilled and efficient at creating that good or service, which will boost their output and profits.
Thus, the ideal selection is option D.
Learn more about Economic specialization here:
https://brainly.com/question/22310131
#SPJ1
2. What are the ways of forecasting cost of sales?
a. cost of materials
b. cost of labor
c. cost of overhead
d. all of the choices
Answer:
d. all of the choices
Explanation:
Cost of Goods sold = Cost of material purchased + Conversion cost
And
Conversion cost hereby includes Direct labor cost and other production overheads directly attributable to the Goods sold.
So, The correct option is - d. all of the choices
one advantage of a fixed interest rate over a variable rate is that a fixed rate
A. Makes it easier to budget
B. allows debt to be paid off faster
C. will decrease if the market rates go down
D. is usually lower at first
Fixed rates have the advantage over variable rates in that debt may be readily repaid within the allotted time. Hence, choice B
What is a fixed and variable rate?Loans with fixed interest rates have an interest rate that will not change throughout the loan's term, regardless of changes in market interest rates. A loan with a variable interest rate is one in which the interest rate imposed on the outstanding balance changes in accordance with changes in the market interest rates.
Therefore, the benefit of fixed rate versus variable rate is that it enables speedier debt repayment.
Learn more about interest rates:
https://brainly.com/question/14445709
#SPJ1
Answer:
A.
Explanation:
Puri Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
Beginning work in process inventory:
Units in beginning work in process inventory 400
Materials costs $4,800
Conversion costs $3,300
Percent complete with respect to materials 85 %
Percent complete with respect to conversion 45 %
Units started into production during the month 5,800
Units transferred to the next department during
the month 5,100
Materials costs added during the month $69,500
Conversion costs added during the month $82,300
Ending work in process inventory:
Units in ending work in process inventory 1,100
Percent complete with respect to materials 55 %
Percent complete with respect to conversion 45 %
The cost per equivalent unit for conversion costs for the first department for the month is closest to:_______.
Answer:
$15.20
Explanation:
Computation for the cost per equivalent unit for conversion costs for the first department
First step
FIFO METHOD
IN
Beginning WIP 400
Units Introduced 5800
Total 6,200
OUT
Beginning WIP Completed 400
Production started and Completed 4,700
(5800-1100)
Ending WIP 1100
Total 6,200
Equivalent Units
Materials
% Complete Equivalent unit
Beg. WIP Completed 400 15% 60
(15%*400=60)
Production started and Completed 4,700 (5800-1100) 100% 4,700
(100%*4,700=4,700)
Ending WIP 1,100 55% 605
(55%*1,100=605)
TOTAL 5,365
(60+4700+605)
Equivalent Units
Conversion
% Complete Equivalent unit
Beg. WIP Completed 400 55% 220
(55%*400=220)
Production started and Completed 4,700 (5800-1100) 100% 4,700
(100%*4,700=4,700)
Ending WIP 1,100 45% 495
(45%*1,100=495)
TOTAL 5,415
(220+4700+495)
Second step is to Compute the cost per equivalent unit for conversion costs
Cost Statement
Equivalents unit (A) Current period cost incurred (B) Cost per unit (B/A)
Material 5,365(a) $69,500(b) $12.95
Conversion 5,415(a) $82,300(b) $15.20
Therefore the Conversion cost for the first department for the month closest to $15.20
When do things move faster? Day or night?
day
Explanation:
bc its day time and your doing things lol
Answer:
At Night
Explanation:
At night the air becomes denser due too humidity. Humid air is denser than warmer air as in the day.
Connect information which relates.
Inside-out perspective Choose..
competitive intelligence
the organisation's goals and values
the resources and capabilities to achieve competitive advantage
the industry environment
Competitive intelligence bridges the gap between the organization's goals and values, the industry environment, and the resources and capabilities necessary to gain a competitive edge. The correct option is a.
Competitive intelligence plays a crucial role in connecting the organization's goals and values with the industry environment and the resources and capabilities required to achieve competitive advantage. Competitive intelligence involves gathering and analyzing information about competitors, market trends, and customer preferences to gain insights and make informed business decisions.
By understanding the industry environment through competitive intelligence, organizations can identify opportunities and potential threats. This knowledge helps align the organization's goals and values with the external factors impacting its success. For example, if the industry is shifting towards sustainable practices, an organization that values environmental responsibility can leverage this trend to enhance its competitive position.
Furthermore, competitive intelligence helps identify the resources and capabilities needed to achieve competitive advantage. It provides insights into the strengths and weaknesses of competitors, allowing organizations to benchmark their own capabilities and identify areas for improvement. This knowledge can guide strategic planning and resource allocation, ensuring that the organization aligns its resources with its competitive goals. The correct option is a.
For more such questions on Competitive intelligence
https://brainly.com/question/30615397
#SPJ8