Manufacturing costs refer to all the costs incurred during the production of goods. These costs can be divided into three main categories, which are direct materials, direct labor, and manufacturing overhead. Therefore, the correct option is 4).
Direct materials refer to the cost of all the raw materials that are used in the production process. These materials are directly used in the production of the final goods, and their cost can be easily traced to each unit of production.
Direct labor refers to the cost of all the labor that is directly involved in the production process. This includes the wages and salaries paid to workers who are directly involved in the manufacturing process.
Manufacturing overhead refers to all the other manufacturing costs that cannot be directly traced to a particular unit of production. These costs include the cost of utilities, rent, depreciation of manufacturing equipment, and indirect labor.
Therefore, the correct option is 4) direct materials, direct labor, and manufacturing overhead. All three categories of costs are necessary to produce the final product and are included in the manufacturing costs.
To know more about direct labor refer here:
https://brainly.com/question/31687319#
#SPJ11
The following transactions are February activities of Swing Hard Incorporated, which offers indoor golfing lessons in the northeastern United States. If revenue is to be recognized in February, indicate the amount. Activity Amount $ 18,600 a. Swing Hard collected S18,600 from customers for lesson services given in February b. Swing Hard sold a gift card for golf lessons for $120 cash in February c. Swing Hard received $5,500 from services provided on account to customers in January d. Swing Hard collected $5,100 in advance payments for services to start in June. e March Swing Hard billed a customer $150 for services provided between February 25 and February 28. The bill is to be paid in march
Revenue is recognized in February for the services provided during that month, so the amount of $18,600 and $150 should be recognized.
Revenue is recognized in the month that a transaction occurs or when services are provided.
For the February activities of Swing Hard Incorporated, this means that the amount of $18,600 should be recognized for the services that were provided in February and the amount of $150 should be recognized for the services provided between February 25th and February 28th.
The other transactions do not need to be recognized in February since they do not relate to services provided in that month.
Learn more about Revenue: https://brainly.com/question/16232387
#SPJ4
once a company compares its actual performance to performance standards, the next step it should take in the control process is to
Once a company compares its actual performance to performance standards, the next step it should take in the control process is to analyze the deviations and take corrective action if necessary.
Once a company has compared its actual performance to the established performance standards, it is crucial to identify any deviations or differences that exist.
By analyzing these deviations, the company can gain a better understanding of what went wrong and why the performance fell short of the standard. This analysis allows the company to take corrective action to address the deviations and bring performance back in line with the established standards. This step is critical in the control process, as it helps the company to continuously improve its operations and achieve its goals. It should also take in the control process is to identify any deviations or gaps between the actual performance and the established standards. Then, the company should analyze the causes of these deviations, and finally, take corrective actions to improve performance and align it with the set standards. This process ensures that the company's performance stays on track and meets its goals.Learn more about control process here: https://brainly.com/question/29318444
#SPJ11
What are the three major types of equity accounts?
The three major types of equity accounts are investments, _________
and retained earnings.
The three major types of equity accounts are:
Common Stock: Common stock is a type of equity that represents ownership in a company. When a company issues common stock, it is essentially selling ownership shares in the company to investors. Common stockholders have voting rights and may receive dividends, which are a portion of the company's profits distributed to shareholders.
Retained Earnings: Retained earnings are the portion of a company's profits that are not distributed to shareholders as dividends but are instead retained by the company for reinvestment in the business. Retained earnings are reported as a component of shareholders' equity on the balance sheet.
Preferred Stock: Preferred stock is a type of equity that gives shareholders preferential treatment over common stockholders. Preferred stockholders typically receive a fixed dividend, which is paid out before common stock dividends, and they may have other rights such as priority in the event of liquidation. Preferred stock is often seen as a hybrid security because it has features of both equity and debt.
Note that the classification and naming of equity accounts may vary depending on the accounting standards used and the nature of the business.
Two goods are complements when a decrease in the price of one good.
When two goods are complementary in nature, the fall in the price of one will lead to an increase in the demand of the other.
What are Complementary Goods?Two goods are complimentary if a consumer is most likely to purchase and use both items at the same time.
Some examples would are:
Pencils and NotebooksCars and PetrolMobile Phones and Call Service Subscriptions etc.Recall the law of demand. All things being equal, a decrease in price will lead to an increase in demand. So if the price of one has decreased, the demand for both will increase.
See the link below to learn more about Complementary Goods:
https://brainly.com/question/1354329
barton industries has operating income for the year of $2,900,000 and a 25% tax rate. its total invested capital is $20,000,000 and its after-tax percentage cost of capital is 7%. what is the firm's eva? round your answer to the nearest dollar, if necessary.
The firm's EVA for Barton industries that has operating income of $2,900,000 is $1025000.
What is EVA?Economic value added (EVA) is a metric used to assess a company's financial performance. It is based on the residual wealth that is determined by subtraction of operating profit from cost of capital on a cash basis after taxes have been taken into account. EVA, which aims to measure a company's genuine economic profit, is also known as economic profit. Stern Value Management, initially incorporated as Stern Stewart & Co., a management consulting firm, developed this measure. The incremental difference between the rate of return (RoR) and a company's cost of capital is known as EVA. In essence, it's used to gauge the value a business creates from the money spent in it. If a company's EVA is negative, it indicates that the money invested in the business is not producing value for the company.
EVA = 3,500,000(1-0.25) - (20,000,000 *.08)
EVA = 2,625,000 - 1,600,000
EVA = 1,025,000
To learn more about Economic value added, visit:
https://brainly.com/question/30038963
#SPJ4
true/false. more job loses in the manufacturing sector helped pull employment down by 390,000
The statement more job loses in the manufacturing sector helped pull employment down by 390,000 is false because according to the fourth round (January-March 2022) of the Quarterly Employment Survey (QES), a component of the All India Quarterly Establishment based Employment Survey (AQEES).
Manufacturing remains the largest institutional employer in the nation, employing about 38.5% of the workforce. Since 2000, the employment rate for manufacturing has fallen, in part due to changes in the skills needed to do new tasks, import competition, and a decrease in mobility.
India's manufacturing industry plays a significant role in the economic expansion of the nation. About 12% of the workforce in India is employed by it, and it contributes about 15% of the GDP of the nation.
To learn more about employment, click here.
https://brainly.com/question/1361941
#SPJ4
Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
To learn more about Copywriting
https://brainly.com/question/14019544
#SPJ1
Corporate parenting generates corporate strategy by focusing on:_____.
a) differentiating its activities into separate units and integrating these activities through complex integrating mechanisms.
b) the cash flow among its business units.
c) the core competencies of the parent corporation and on the value created from the relationship between the parent and its units.
d) whether a business unit should be growing, stabilizing, or retrenching.
e) acquiring distinctive competencies in the marketplace.
Answer: c) the core competencies of the parent corporation and on the value created from the relationship between the parent and its units.
Explanation:
outline 2 advantages to H&H of using secondary market research
Still haven't got corona, even a global pandemic don't want me..
Answer:
Same Who knows Can't Say that until this Pandemic Over
Explanation:
QuestionCove its Aight My User KazGotFetee
where was the headquarters of the first bank of the united states?
Answer:
The headquarters of the First Bank of the United States was located in Philadelphia, Pennsylvania.
Lisa has been working a full-time job and then working on her business in the evening. She makes $6,000 per month at her full-time job. How much income should Lisa be making from her business before quitting her full-time job?
$6,000
$4,000
$2,000
$1,800
Lisa must be making at $6,000 from her business before quitting her full-time job
What is opportunity cost?
Opportunity cost is the benefits forgone as a result of taking alternative course of action.
In this case, the opportunity cost of leaving her full-time job is the salary or earnings from the full-time job that would be lost since Lisa would no longer earn salaries from her full-time employment.
Based on this, for the decision to settle for her business as against working full-time as an employee to be economically profitable, she must be earning the same as her full-time pay before the abandoning the full-time job, otherwise, taking the decision when income of the business is lower than $6,000 means a reduction in her standard of living.
The correct option in this case is business income of $6,000 which leaves Lisa in the same position as she was before.
Find out more about opportunity cost on:
https://brainly.com/question/1549591
#SPJ1
Anderson co. Issued a $50,000, 60-day, discounted note to national bank. The discount rate is 6%. At maturity, assuming a 360-day year, the borrower will pay.
The discount rate is 6%. At maturity, assuming a 360-day year, the borrower will pay $43,258.
What will the amount the borrower pay?
Here the borrower will have to pay the par value at maturity which is $43,258 in this case. The investor, at the time of buying the discounted note will pay an amount equal to Par value - discount.
The borrower will receive an amount less than $43,258 on issue of discounted note but will have to pay the full amount on maturity.
Learn more about discount rate, refer to the link:
https://brainly.com/question/19263859
#SPJ1
Which of the following best helps a company move toward achieving its
vision and mission?
A. Goals and objectives
B. Competitors and stakeholders
C. Activist investors
D. Corporate social responsibility
Answer:
A. Goals and objectives
Explanation:
Setting Goals and objectives sets you in a position to succeed. Doing this makes you organized and ready to face any challenges that you might face in order to achieve thos goals.
Which activities involve acquiring the resources to run the business?a. Deliveringb. Financingc. Investingd. Operating
The activity that involves acquiring the resources to run the business is b. Financing.
Financing activities are those that involve acquiring the resources needed to start and run a business. These can include obtaining loans, issuing stock, or securing other forms of funding.
Financing activities are crucial to the success of a business, as they ensure that the business has the resources it needs to operate effectively.
Delivering, investing, and operating are all important activities for a business, but they do not involve acquiring resources.
Delivering involves providing goods or services to customers, investing involves using resources to generate income or growth, and operating involves the day-to-day management of the business.
To know more about Resources refer here:
brainly.com/question/28249565#
#SPJ11
Adjustment for accrued expense city realty co. Pays weekly salaries of $11,750 on monday for a six-day workweek ending the preceding saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on friday. Round your answers to nearest whole dollar. If an amount box does not require an entry, leave it blank
the adjusting entry for salary expense and salary payable is $3,916 at weekly salaries of $11,750.
Calculation of accrued salaries:
The company pays weekly salaries of $11,750 for a six-day workweek, which means that daily salaries are $11,750/6 = $1,958.33. Since the accounting period ends on Friday, the company owes salaries for Saturday and Friday, which is 2 days x $1,958.33 = $3,916.66.
Salary expense refers to the amount of money a company pays to its employees in exchange for the services they provide. This includes not only the regular salary but also other forms of compensation such as bonuses, overtime pay, and benefits. It is an essential component of a company's operating expenses and is recorded on the income statement. Salary expense is often the largest expense for most companies, particularly those in labor-intensive industries. As such, managing salary expenses is critical to achieving profitability and ensuring the financial health of the business. Accurately tracking and budgeting for salary expenses can help a company to make informed decisions and improve overall performance.
learn more about salary expense here
https://brainly.com/question/30581793
#SPJ4
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
The definition of economics states that it is the study of how _________. A. businesses make decisions and how those decisions impact other firms, the government, and consumers. B. the government determines policies, businesses set prices, and consumers choose how much to buy. C. agents choose to allocate scarce resources and the impact of those choices on society. D. money influences the economy in the short run and the long run.
Answer:
C
Explanation:
Agents choose to allocate scarce resources and tge impact of those choices in society
here is 20 points cause you earned it king/queen
At what point does an idea-driven enterprise run into problems and At what point does a market-driven enterprise run into problems?
Idea-driven businesses face unique challenges during growth. ... Their innovation is born from a deep desire to change the way people think about ... to shed light on the different stages of idea-driven business and what problems each stage ...
Idea-driven firms confront particular difficulties as they expand. Their creativity is the result of a strong desire to alter how people think, to shine a light on the many stages of the idea-driven company, and the issues that each level faces.
What is firm?A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN).
The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others.
The name of the company is often used for commercial purposes, but the level of legal protection—for owners or employees—depends on the ownership structure that was used to establish the company. Corporations, for example, offer a higher level of legal protection than other forms of organizations. The idea of a mature company with a strong foundation already exists.
To learn more about the firm follow the link.
https://brainly.com/question/14693807
#SPJ2
Brian is a 43-year-old accountant who has been out of work for almost a year. He became so discouraged that he gave up on his job search a couple of months ago.
Is he/she employed, unemployed, "not in the labor force", or "not in the adult population"
Based on the information provided, Brian can be classified as "unemployed."
Based on the information provided, Brian can be categorized as "unemployed" since he is actively looking for employment but has been unable to secure a job for almost a year. The fact that he became discouraged and stopped his job search a couple of months ago does not change his status as unemployed.
The term "unemployed" typically refers to individuals who are willing and able to work, actively seeking employment, but are currently without a job. Brian's situation aligns with this definition as he has been actively searching for work for a significant period and is considered part of the labor force. Although he may have given up on his job search recently, this does not exclude him from being classified as unemployed.
The category "not in the labor force" typically includes individuals who are not actively seeking employment, such as students, retirees, or individuals who have voluntarily chosen not to work. Brian's case does not fit into this category since he was actively seeking employment but became discouraged.
Similarly, the category "not in the adult population" does not apply to Brian since he is clearly part of the adult population as a 43-year-old individual.
In summary, based on the information provided, Brian can be classified as "unemployed."
Know more about unemployed here,
https://brainly.com/question/14887937
#SPJ11
1. Poverty is more than an economic problem, its a source of social discontent and political________; However, economic _________ has reduced the proportion of people living below the _______ line.
Poverty is more than an economic problem, it is a source of social discontent and political unrest; economic development has reduced the proportion of people living below the poverty line.
What is poverty?Poverty is shown as a deficiency of money and profitable resources to support long-term survival.
Hunger and starvation, restricted access to education and other basic services, social prejudice and exclusion, and a disinterest in decision-making are all examples of its expressions.
Poverty is a cause of social dissatisfaction and political upheaval; economic development has lowered the amount of people living in poverty.
Therefore, the poverty is a very big problem than the economic problem.
Learn more about the poverty, refer to:
https://brainly.com/question/10645433
#SPJ1
the heritage foundation index of economic freedom is based on ten indicators. what are four of those indicators? multiple select question. societal scale foreign investment regulations education policy taxation rules labor freedom trade policy
The heritage foundation index of economic freedom is based on ten indicators, four of those indicators are: taxation rules, labor freedom, foreign investment regulations, trade policy.
The Heritage Foundation and The Wall Street Journal established the yearly index and rating known as The Index of Economic Freedom in 1995 as a way to gauge how economically free each country is.
Property rights, freedom from corruption, government spending, fiscal freedom, business freedom, labor freedom, monetary freedom, trade freedom, investment freedom, and financial freedom are the 10 factors used by the Index of Economic Freedom to measure economic freedom in 184 nations.
A composite metric used to assess the effectiveness of political and economic institutions in various jurisdictions is known as an indicator of economic freedom.
The criteria used to determine rankings and scores in an index are determined by the index's designers and vary from index to index.
These indices were developed in response to the finding that economies with a stronger free-market foundation typically had higher levels of investment, faster growth, and higher average incomes.
Investors may quickly track developments in economies to which they are interested in exposure by using the index of economic freedom.
Hence, the four indicators are: taxation rules, labor freedom, foreign investment regulations, trade policy.
To know more about taxation, visit:
https://brainly.com/question/1133253
#SPJ4
which of the following statements about models is correct? a. the more details a model includes, the better the model. b. models cannot be used to make predictions. c. models assume away irrelevant details. d. models cannot be used to explain how the economy functions.
The correct statement about models is that the more details a model includes, the better the model.
An economic model is a condensed representation of reality that frequently use mathematical expressions to explain how the economy functions. The economic activity can be predicted using an economic model. The complex process is explained by the economic model. The economic model aids in the formulation of the proper economic policy by the decision-makers.
In order to predict what would occur in various scenarios or at a future time, an economic model is a theoretical construct that describes a process by a number of variables and a set of quantitative or logical relationships between them. It is essentially a condensed framework for explaining how the economy functions.
To learn more about economic model visit;
https://brainly.com/question/14839877
#SPJ4
After the price floor is instituted, the Chairman of Productions Office buys up any barrels of gosum berries that the producers are not able to sell. With the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. How much producer surplus is created with the price floor? Show your calculations.
Answer:24,500 ; 28,000
Explanation:
Given the following :
Amount produced per month = 700 barrels
Amount sold by producers per month = 300 barrels
Price floor = $70
Producer surplus created with the price floor:
Producer surplus can be calculated thus :
Production amount × ( price difference) / 2, that is
Price difference = floor price - low price
Price difference = $70 - $0 = $70
700 × $70/2
700 × $35
$24500
If the chairman buys barrels producers aren't able to sell, the amount of gosum berries purchased by the chairman equals ;
(700 - 300) = 400
Amount spent by chairman =
Amount of gosum berries purchased × price floor
= 400 × $70 = $28,000
The producer surplus is created with the price floor is $24,500
The calculation is as follows:
Producer surplus = 1/2 ×(price floor - vertical intercept of supply curve ) × quantity produced by sellers
= 1/2 × (70-0)× 700
= $24,500
Learn more: https://brainly.com/question/2386757?referrer=searchResults
Ben recently purchased 100 shares of stock in Feger's Sports, Inc. Ben is a(n) ________ of Feger's Sports, Inc. Group of answer choices owner manager director partner employee
Ben, who recently purchased 100 shares of stock in Feger's Sports, Inc., can be classified as an owner of the company. As a shareholder, Ben holds a stake in the company and is entitled to certain rights and benefits associated with stock ownership.
By purchasing 100 shares of stock in Feger's Sports, Inc., Ben becomes a shareholder and a partial owner of the company. As an owner, Ben has a financial interest in the success and performance of the company. Shareholders are considered the owners of a corporation and have certain rights, such as the right to vote on corporate matters, receive dividends, and participate in the company's growth and profitability.
However, it is important to note that being a shareholder does not necessarily mean that Ben has a managerial or executive role in the company. Shareholders are distinct from managers, directors, partners, and employees. While shareholders have a financial stake in the company, managers are responsible for overseeing the day-to-day operations, directors provide guidance and make strategic decisions, partners have ownership rights and responsibilities, and employees work for the company under an employment relationship.
Learn more about shareholder here:
https://brainly.com/question/32134220
#SPJ11
2. Marcus Gardner is buying a new computer
for $1,299.50. He made a 12% down pay-
ment. How much money did he put down?
A $155.94
B $120.00
C $212.84
D $420.50
(Step by step ) plz
Answer:
A $155.94
Explanation:
A down payment is an initial payment that is paid cash to the buyer. It is the same as the deposit. Marcus must have been buying the compute of credit. The down payment or deposit shows that the customer is serious about buying the item.
The deposit that Marcus paid is 12%.
The cost of the new computer is $1,229.50
The deposit will be 12% of $1,229.50
=12/100 x $1,229.50
=0.12 x $ 1,229.50
=$155.94
A good definition of the term Marketing
Answer:
Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
Explanation:
After 160 customer reviews for the hotel, 65% were Excellent
e. How many reviews of the 160 were Excellent?
Answer: 104 reviews
Explanation:
Number of customers reviews = 160
Percentage of customer reviews that were excellent= 65%
.
Number of customer reviews that were excellent will be:
= 65% × 160
= 65/100 × 160
= 0.65 × 160
= 104
104 reviews were excellent.
Okay, Daily Question!
My friend is telling her crush she likes him and she wanted me to come up with a ship-name? I made some suggestions but she didn't like any of them and she gave me a deadline of 3:00 to give her a 'good' one. Here are the names:
Nate/Nathan + Addy/Addison
Have any ideas?
Explanation:
Naddison
NA
Natson
Naddy