Mobility Partners makes wheelchairs and other assistive devices. For years it has made the rear wheel assembly for its wheelchairs. A local bicycle manufacturing firm, Trailblazers, Inc., offered to sell these rear wheel assemblies to Mobility. If Mobility makes the assembly, its cost per rear wheel assembly is as follows (based on annual production of 2,000 units):
Direct materials $ 25
Direct labor 53
Variable overhead 16
Fixed overhead 47
Total $ 141
Trailblazers offered to sell the assembly to Mobility for $110 each. The total order would amount to 2,000 rear wheel assemblies per year, which Mobility's management will buy instead of make if Mobility can save at least $10,000 per year. Accepting Trailblazers's offer would eliminate annual fixed overhead of $40,000.
Required:
(a) Prepare a schedule that shows the differential costs on the 2,000 rear wheel assemblies order. (Leave no cells blank - be certain to enter "0" wherever required. Input all amounts as positive values. Omit the "$" sign in your response.)
(b) Should Mobility make rear wheel assemblies or buy them from Trailblazers?
Answers
Answer:
Net savings from buying $ 8,000
Decision : The company should assemble
Explanation:
Unit variable cost of making = 25+ 53+ 16+ 47 = $94
$
Total variable cost ( $94 × 2,000) = 188,000
Total cost of external purchase ($110× 2000) 220,000
Extra variable cost from external purchase (32,000 )
add Savings in fixed overheads 40,000
Net savings from buying 8,000
Note that the fixed cost were not included because they not relevant for the decision. They would be incurred either way.
Decision.
Since the management wishes tom save at least $10,000 per year but the analysis above shows that the company can only save $8,000, then Mobility should not buy the product but rather assemble them
Related Questions
Prices have soared for parking facilities in downtown Dallas in recent months. Pressure from voters has convinced Dallas City Council to impose a price ceiling on $5 on all parking garages and lots per day. What effect will this likely have on the market spaces in Dallas? (What happens to Qd?) Who will gain? Who will lose?
Answers
A price ceiling would lead to shortage of parking spaces in Dallas. When there is a price ceiling, consumers would gain and producers would lose.
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service. Price ceiling is binding when it is set below equilibrium price.
If the council imposes a binding price ceiling, price would be set below equilibrium price. This would lead to a decrease in the quantity of parking facilities supplied. As a result there would be a decrease in the parking facilities available in Dallas. This means there would be a shortage of parking spaces.
When price is set below equilibrium, parking spaces become cheaper for consumers. So, consumers would be advantaged.
When price is set below equilibrium, parking spaces cost less. This reduces the profits that can be earned by producers. Producers would lose.
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Phishing occurs when a competitor or other party clicks on a sponsored link repeatedly in order to foul up advertising effectiveness. A. TrueB. False
Answers
The statement 'Phishing occurs when a competitor or other party clicks on a sponsored link repeatedly in order to foul up advertising effectiveness' is false.
In the field of computers and technology, phishing can be described as a strategy used by an attacker to become a representative or source from an organization in order to lure people to give information about them that can be used by the attacker.
Clicking on sponsored links in order for fouling the results of an advertisement such that they look more effective is not a type of phishing. This is because no attack on the personal information of the users is being made in such a scenario.
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Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:
1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?
Answers
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
Describe a time where you provided or observed high-quality customer service. In Microsoft Word, margins are adjusted using?
Answers
Answer:
question was confusing
Explanation:
Select Layout > Margins. Select Custom Margins. In Margins, use the Up and Down arrows to enter the values you want. Select OK when done.
1. Do you agree that Awake should be quiet about its Corporate Social Responsibility efforts? 2. If you were CEO of Awake, would you leverage your CSR efforts to market to customers who are more likely to purchase knowing you are considerate of people and planet? 3. What are some risks that you might encounter if you chose to market your CSR efforts loudly?
Answers
1. I do not agree that Awake should be quiet about its Corporate Social Responsibility efforts
2. I will leverage the CSR efforts to market to customers who are more likely to purchase knowing you are considerate of people and planet.
3. The risks that you might encounter if you chose to market your CSR efforts loudly is loss of competitive power.
What is the Corporate Social Responsibility?This refers to the idea that a firm should play a positive role in the community and consider the environmental and social impact of its business decisions.
The types of corporate social responsibility of business includes:
environmental responsibilityethical responsibilityphilanthropic responsibilityeconomic responsibilityRead more about Corporate Social Responsibility
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chris, age 5, has $3000 of interest income and no earned income this year. assuming the current standard deduction for dependents is $1150, how much of chris income will be taxed at his parents' marginal rate?
0
700
1850
3000
Answers
The chris income will be taxed at his parents' marginal rate is 3000. Option D is the correct answer.
Based on the information provided, Chris, who is 5 years old, has $3000 of interest income and no earned income. The current standard deduction for dependents is $1150.
For a dependent child, such as Chris, the interest income is subject to taxation if it exceeds a certain threshold. In 2023, the threshold for a dependent child's unearned income to be subject to the Kiddie Tax is $2,200.
Since Chris has $3000 of interest income, and the threshold is $2200, the entire $3000 of his interest income will be subject to taxation at his parents' marginal tax rate.
Therefore, the correct answer is: $3000.
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Describes a market structure with a single seller that produces goods with no close substitutes.
1. Monopoly
2. Oligopoly
3. Perfect Competition
Answers
Answer:
1. Monopoly
Explanation:
A monopoly is a market structure with one supplier selling to many buyers. In a monopoly, a single firm serves a large market with many buyers. There is no business competition in a monopoly market structure. The product or service sold by a monopoly has no close substitutes, which leaves consumers with no other alternatives.
A firm becomes a monopoly due to factors such as government policies, ownership of resources, copyrights, stringent licensing, and high start-up costs. These factors restrict other sellers from entering the market.
Why do production possibilities curves slope down from left to right?
Answers
Answer:The downward sloping nature of the PPC is due to the law of increasing opportunity cost. According to this law, with the fuller utilisation of the given resources, in order to produce an additional unit of one good, some of the resources are to be withdrawn from the production of another good.
Explanation:
The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. June 12, 2021 Provide services to customers on account for $38,600. September 17, 2021 Receive $23,000 from customers on account. December 31, 2021 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $53,600. May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $43,000 from customers for services provided in 2022. December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received.
Required:1. Record transactions for each date. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.3. Calculate the net realizable value of accounts receivable at the end of 2015 and 2016.
Answers
Answer:
Underwood Corporation
Journal Entries:
Debit Credit
June 12, 2021:
Accounts Receivable $38,600
Service Revenue $38,600
To record services to customers on account
Sept. 17, 2021:
Cash Account $23,000
Accounts Receivable $23,000
To record cash receipt from customers.
Dec. 31, 2021:
Uncollectible Accounts Exp $7,020
Allowance for Doubtful Accounts $7,200
To record allowance for doubtful accounts.
March 4, 2022:
Accounts Receivable $53,600
Service Revenue $53,600
To record services to customers on account.
May 20, 2022:
Cash Account $10,000
Accounts Receivable $10,000
To record cash receipts from customers.
July 2, 2022:
Allowance for Doubtful Accounts $5,600
Accounts Receivable $5,600
To write off the uncollectible balance.
Oct. 19, 2022:
Cash Account $43,000
Accounts Receivable $43,000
To record cash receipts from customers.
Dec. 31, 2022:
Uncollectible Accounts Exp $3,170
Allowance for Doubtful Accounts $3,170
To record allowance for doubtful accounts.
b) Posting Transactions to the accounts:
Cash Account
Debit Credit Balance
Sept 17, 2021: Accounts Receivable $23,000 $23,000
May 20, 2022:Accounts Receivable $10,000 $33,000
Oct. 19, 2022: Accounts Receivable $43,000 $76,000
Accounts Receivable
Debit Credit Balance
June 12, 2021 Service Revenue $38,600 $38,600
Sept 17, 2021 Cash $23,000 $15,600
March 4, 2022 Service Revenue $53,600 $69,200
May 20, 2022 Cash $10,000 $59,200
July 2, 2022 Allowance for Uncollectible $5,600 $53,600
Oct. 19, 2022 Cash $43,000 $10,600
Allowance for Uncollectible Accounts
Debit Credit Balance
Dec. 31, 2021 Uncollectible Accounts Expense $7,200 $7,200
July 2, 2022 Accounts Receivable $5,600 $1,600
Dec 31, 2022 Uncollectible Accounts Expense $3,170 $4,770
3. Net Realizable Value of Accounts Receivable at the end of 2021 and 2022:
2021 2022
Accounts Receivable Balance $15,600 $10,600
less Allowance for Doubtful Accounts ($7,200) ($4,770)
Net Realizable Value $8,400 $5,830
Explanation:
a) Allowance for Doubtful is an amount that is estimated which may not be recovered from customers for services rendered. This allowance is made in order to provide for losses that may arise from credit sales. The estimated allowance is 45% of the Accounts Receivable Balance at the end of the year.
b) When a write-off of debts occurs, the Allowance for Doubtful Accounts is adjusted with the direct write-off to reduce the balance.
Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Answers
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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Changes in the market environment impact _____
how competitive the marketplace is
how many offerings are available
how many marketing communication channels are used
how consumers behave
Answers
Changes in the market environment impact how competitive the marketplace is, how many offerings are available, how many marketing communication channels are used, and how consumers behave.
Aspects of the business landscape are significantly impacted by changes in the market environment. First and foremost, they have an impact on the level of market competition because changes in variables like technology, rules, and consumer preferences can affect how businesses compete with one another.
Changes in the market environment can also have an impact on the variety and range of goods and services that are offered to customers. New technologies and trends have an impact on how businesses communicate with their target audiences through marketing channels. Last but not least changes in the market environment such as those in the economy in social trends and in technological advancements have a significant impact on consumer behavior causing changes in buying patterns and preferences.
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pormula sa pagsukat ng
“Pamamaraan batay sa gastos”
“Pamamaraan batay sa kita”
Pamamaraan batay sa pinagmulang industriya”
Answers
Tatlong Pamamaraan ng Pagsukat ng Pambansang Kita o Gross National Income
Pamamaraan Batay sa Gastos (Expenditure Approach)
Pamamaraan Batay sa Gastos (Expenditure Approach) Ang ekonomiya ng bansa ay may apat na sektor ito ay ang sambahayan, pamahalaan, bahay-kalakal, at panlabas na sektor. Ang bawat sektor na ito ay may pinagkakagastusan at ito ay ang Gastusing personal (C), Gastusin ng mga namumuhunan (I), Gastusin ng pamahalaan (G), Gastusin ng panlabas na sektor (X – M), Statistical discrepancy (SD, at Net Factor Income from Abroad (NFIFA). Ginagamit ang : GNI = C + I + G + (X – M) + SD + NFIFA bilang pormula sa pagkuwenta ng Gross National Income.
Pamamaraan Batay sa Kita (Income Approach)Ito ay mula sa mga sahod ng mga manggagawa, buwis, kita ng mga korporasyon, at iba pa.
Masusukat ang Gross Domestic Product sa pagsasamasama ng kabuuang halaga ng produksiyon; ang sektor ng industriya, agrikultura, at serbisyo ang pangunahin sa bahaging ito.
The highest point of construction where rafters meet to form the roof is known as
the ridge board
the gable
the truss
the hip
Answers
Jason is shopping at Hollister. Hollister has a sale: spend $100 saves 10%. If Jason buys clothes that costs $100, how much will he pay after he receives the discount? Jason is shopping at Hollister. Hollister has a sale: spend $100 saves 10%. If Jason buys clothes that costs $100, how much will he pay after he receives the discount?
Answers
Answer:
$90
Explanation:
Hollister has an offer of 10% savings for every purchase.
Jason buys clothes for $100. His savings will be 10% of $100
=10/100 x100
=0.1 x 100
=$10
Jason will pay
=$100 - $10
=$90
Jason will pay $90
TRUE OR FALSE - ACCOUNTING
1. The matching principle requires expenses be recorded in the same period that the related revenue is recorded.
2. Generally accepted accounting principles require cash‐basis accounting.
3. Accruals are needed when an unrecorded expense has been incurred or an unrecorded revenue has been earned.
4. Consuming goods and services in the process of generating revenues results in expenses.
5. Debiting “Inventory” will increase the account.
Answers
2 False - Must be accrual basis
3 True
4 True
5 True
What should you do when the job you interviewed for is not what you wanted?
a. Accept the position
b. Reject the position
C. Ignore all offers
d. None of the above
Answers
B
i think because you dont want a job that is not what you want to do.
Select the correct answer.
What is the purpose of the Sherman Antitrust Act?
A.
to break up monopolies in the market
B.
to limit the pollution caused by factories
C.
to stop the illegal sale of nonprescription drugs
D.
to regulate the resources invested in national security
Answers
The "Sherman Antitrust Act" goal is to create a federal legislation that forbids the formation of large trusts and their complete market dominance. The correct statement is A to break up monopolies in the market
The main law enacted by the American Congress to limit trusts was the Sherman Anti-Trust Act of 1890. It was given the name John Sherman in honor of Ohio Senator John Sherman, who served as President Hayes' Secretary and a senior member of the Senate Finance Committee.
Similar laws had been approved in a few states, but they were only applicable to intrastate groups. The established power of Congress was necessary for the Sherman Antitrust Act to control highway trade. A trust is a strategy used by investors to transfer their stakes to a single set of trustees.
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Which of the following do you prefer for business/ economic transactions.
1. Cash Vs Debit Card
2. Justify your choice
Answers
I personally prefer to use cash for business and economic transactions. I find that it provides a sense of security as I am able to physically see and hold the money, which makes it easier to keep track of my spending. Cash also allows me to have more control over my finances and helps me stick to a budget, as I can physically see how much money I have left. Additionally, using cash avoids the potential risks of identity theft or fraud that come with using electronic methods of payment such as debit cards. Overall, for me, cash provides a more reliable and secure way of conducting business and economic transactions.
What advice would you give David to help him communicate ethically and responsibly? Check all that apply
Answers
Answer:
1 jawaab
Scenario David Ortega works for WebLINE, a web hosting and design company. One of his clients, a musician named Harry Gorman, is posting copyrighted material ...
Refer to Figure 3. Which of the following statements is correct?
O A. To induce firms to internalize the externality in this market, the government should offer a subsidy measured by P₂ - Po
B. To induce firms to internalize the externality in this market, the government should impose a tax measured by P₂ - Po.
C. To induce firms to internalize the externality in this market, the government should impose a tax measured by P2 - P₁.
D. There is no externality in this market.
Answers
Option (b), The government ought to implement a tax that is calculated as P2 - P0 in order to encourage businesses to internalize the externality in this market.
How could the government internalize a beneficial externality?It is referred to as a positive externality when a benefit is shared with a third party. The government is able to prevent negative externalities by taxing goods and services that generate spillover costs. The government can promote positive externalities by offering subsidies for goods and services that have positive spillover effects.
The supply and demand market economy has the potential to incorporate externalities.Externalities can be internalized through market processes, governmental control, autonomous groups, or a mix of these institutions.
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When can setting a savings goal help you?
Answers
Answer: it can really help you at anytime because it will help you get to your goal faster like lets say you get 10 dollars a day but you need to buy food instead of yusing all your money on food you can set aside 5 dollars into your savings to get closer to your goal
Explanation: hi
1. By giving yourself a safety cushion on all sides of the vehicle you improve your ability to? 1. stop 2. maneuver 3. think 4. all of the above
Answers
Answer: 4
Explanation: All of the above
is an important factor when
According to your reading material,
looking at your market and its needs.
a.
b.
location
capital
insurance
timing
d.
Answers
Answer:
Explanation:
insurance
According to your reading material, insurance Is an important factor when looking at your market and its needs. Option C is the correct answer.
While factors like location, capital, and timing are important considerations, insurance is also a crucial factor to take into account when assessing your market and its needs. Insurance provides protection and risk management for your business, its assets, and potential liabilities. Option C is the correct answer.
Having appropriate insurance coverage helps safeguard your business against unexpected events, such as accidents, property damage, legal claims, or disruptions to operations. It provides financial protection and peace of mind, allowing you to focus on meeting your market's needs without the constant worry of potential losses. Insurance coverage can vary depending on the nature of your business and industry. Common types of insurance include general liability insurance, property insurance, professional liability insurance, and workers' compensation insurance.
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The complete question is, " According to your reading material, ______ Is an important factor when looking at your market and its needs.
a. location
b. capital
c. insurance
d. timing"
Suppose N= 15 and r=4.
What is the probability of x = 3 for n = 10 (to 4 decimals)?
Answers
Using the Hypergeometric distribution principle, the probability of X = 3 in the function is 0.4396
Defining an hypergeometric distribution function :
\(P(X = k) = \frac{ \binom{r}{k} \binom{N - r}{n - k} }{ \binom{N}{n} } \)
The parameters given :
N = 15 r = 4 X = 3 n = 10\(P(X = 3) = \frac{ \binom{4}{3} \binom{15 - 4}{10 - 3} }{ \binom{15}{10} } = \frac{ \binom{4}{3} \binom{11}{7} }{ \binom{15}{10} }\)
Using Combination :
Recall : nCr = n! ÷ (n-r)!r!
Using a calculator :
\(P(X = 3) = \frac{ \binom{4}{3} \binom{15 - 4}{10 - 3} }{ \binom{15}{10} } = \frac{ \binom{4}{3} \binom{11}{7} }{ \binom{15}{10}} = \frac{(4 \times 330)}{3003} = \frac{1320}{3003} = 0.4396\)
Therefore, the probability of X = 3 in the hypergeometric function is 0.4396 (rounded to 4 decimal places).
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Which is NOT a way to increase your net worth?
Answers
One way that you cannot use to increase your net worth is by increasing your liabilities.
How can you increase your net worth?Our net worth refers to the amount of assets that we have which in excess of the liabilities that we may have.
The formula for net worth is:
= Assets - Liabilities
This means that if we want to increase our net worth, we should try first and foremost to increase our assets. Assets include the amount of money we have, the property we own, and generally other things we can own including investments.
We should avoid liabilities to increase our net worth, and if we must incur them, we should be sure to pay off the ones that have higher interest and so can grow faster, first. Increasing liabilities, is therefore not a way to increase net worth.
Options for this question include:
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You're a web developer for an online furniture retailer, and you've been having a debate with your boss, the marketing director. She's rejecting your proposal to invite customers' product ratings and reviews on the website because she's concerned that negative comments might discourage sales. You argue that customer feedback would enhance the ________ aspect of your customers' shopping experience.
Answers
Answer:
it will enhance the business aspect
3. What is the opportunity cost of our military spending?
Answers
Answer:
Today SIPRI estimated that global military expenditure in 2015 was $1676 billion, about 2.3% of the world's total Gross Domestic Product (GDP). Such high levels of spending frequently raise concerns as to the 'opportunity cost' involved in military spending—the potential civilian uses of such resources that are lost.
Explanation:
Hope this helps. Have a nice day!
Professional social media sites can also help employers find you. When you create an account, you describe your work history in detail and list all of your skills, just like in a résumé. If an employer is looking for someone with your abilities and experience, a site like LinkedIn is a great place to start. Recruiters may also use social media to promote new job listings. Millions and millions of people use these sites, and they can be a great way to reach many job seekers at once.
How can social media help employers during the hiring process? Check all that apply.
1. Most profiles offer more detailed information than any résumé.
2. Social media often provides a place for employers to begin their search.
3. Social media can fill in gaps on résumés or provide additional details.
4. Some sites can be a platform for recruiters to promote job openings.
5. Only the most qualified candidates are likely to have a social media presence.
Answers
Answer:
2, 3,4
Explanation:
logic
Answer:
2,3,4
Explanation:
Have a great day.
help meh plzzzz :)))
Answers
Answer:
I THINK 1, is C: insurance
2, is B: interest
3, is A: less, more
Explain the impact of entrepreneurship on the individual, the family and the local community
Answers
The impact of entrepreneurship on the individual, the family and the local community is mentioned below.
Describe the effects of entrepreneurship on the person, the family, and the neighborhood.
By offering cutting-edge technologies, goods, and services, entrepreneurs stimulate economic growth. Existing businesses are forced to become more competitive due to increased entrepreneurship competition. Long-term and short-term job prospects are both created by entrepreneurs.
What effect does entrepreneurship have on the neighborhood?
Describe the effects of entrepreneurship on the person, the family, and the neighborhood.
By creating new products and services, they promote new employment, which eventually speeds up economic growth. Therefore, it makes sense to view public policy that encourages entrepreneurship as essential to the advancement of the economy.
Thus Economic Growth is Accelerated by Entrepreneurship.
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