Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
Direct materials: 4 pounds at $8 per pound $ 32
Direct labor: 2 hours at $16 per hour 32
Variable overhead: 2 hours at $6 per hour 12
Total standard cost per unit $ 76
The planning budget for March was based on producing and selling 32,000 units. However, during March the company actually produced and sold 37,000 units and incurred the following costs:
a. Purchased 160,000 pounds of raw materials at a cost of $7.40 per pound. All of this material was used in production.
b. Direct laborers worked 67,000 hours at a rate of $17 per hour.
c. Total variable manufacturing overhead for the month was $422,100.
Required:
1. What raw materials cost would be included in the company's planning budget for March?2. What raw materials cost would be included in the company's flexible budget for March?3. What is the materials price variance for March?4. What is the materials quantity variance for March?

Answer:

no

Explanation:its to blurie

Journal Entry:

Date: [First year-end date]

The amortization expense for the first year is $120,000.

For more such questions on Journal Entry

https://brainly.com/question/28390337

#SPJ8

NYSE is the example of a. an organized exchange. New York Stock Exchange is generally can be defined as an American stock exchange.

In the term of financial economic and business, The New York Stock Exchange or also known as NYSE generally can be defined as an American stock exchange. The New York Stock Exchange or also known as NYSE is located in the Financial District of Lower Manhattan in New York City. New York Stock Exchange has a function to provides a central marketplace for investors to buy and sell stock. New York Stock Exchange is a part of Intercontinental Exchange or known as ICE.

Here you can learn more about NYSE https://brainly.com/question/29533755

#SPJ4

These data give a complete, current view of the American economy. The information on this page comes from highlighted BEA economic accounts.

The term "economics" was first used to replace the phrase "political economy," it referred to "the financial system between polities" - conflicting states, and was popularized by famous "neoclassical" economists like Alfred Marshall (Welfare definition).

Individuals who study economics are better able to comprehend their surroundings. It makes it possible for people to comprehend other people, organizations, markets, and governments, enabling them to better react to the challenges and possibilities that arise when circumstances change.

To know more about economics visit:

brainly.com/question/14787713

#SPJ1

Answer:

475,000

Explanation:

Hey there! For this question, we will be using the COGS and SG&A formulas.

Basic Formula: Revenue - COGS - SG&A = Pretax profits

How do you calculate the SG&A?

Well, SG & A = (Contribution - Prextax income)  

SG & A = ($400,000 - $125,000)

SG & A= $275,000

What's next?

Now, you must calculate for revenue.

Contribution margin/Revenue = Contribution Margin Ratio  

Revenue = Contribution Margin/Contribution Margin Ratio  

Revenue = $400,000/.25  

Revenue = $1.1m

Now, let's use the COGS formula.

COGS: Starting inventory + purchases - ending inventory = cost of goods sold

Revenue - COGS - SG&A = Pretax profits  

1.1m - COGS - 400k = 125k  

COGS = $1.1m - $125k - $400k

Final answer: 1.100 Million (1,000,000)

Answer:

31x

17x

Explanation:

we should add 2x+29

we should subtract 10x and 27

Answer:

below↓↓↓

Explanation:

JIT is a form of inventory management that requires working closely with suppliers so that raw materials arrive as production is scheduled to begin, but no sooner. The goal is to have the minimum amount of inventory on hand to meet demand.Aug 30, 2022

Strategic Repetition can help to identify the most important ideas for Communication.

Repetition is a crucial component of good communication since it increases the likelihood that the message will be understood. It will greatly enhance workplace communications in your firm if you make it one of your go-to internal communication strategies. Employees may recall important internal company communication better if it is repeated frequently and across a variety of media.

For instance, it typically takes three to twenty exposures to an advertising for a buyer to contemplate or make a purchase of a product. The lesson won't stick with you until three to twenty exposures have passed. Internal communication can also be analyzed using the Forgetting Curve. After being repeated a few times, your messages are more likely to be seen, heard, and understood by your staff.

The correct question is, "Strategic repetition can help do what for a communication?

Learn more about Repetition here:

https://brainly.com/question/9134427

#SPJ1

Answer:

$114.29

Explanation:

Calculation to determine the stock's value

Using this formula

Stock's value=Annual Dividend /Yield or Rate of return

Let plug in the formula

Stock's value=$8/7%

Stock's value=$114.29

Therefore the stock's valuewill be $114.29

The investment bank that underwrote the most bonds in 2013 and 2014 is: J.P. Morgan.

Investment bank is a financial institution that render various types of investment services to their clients or customers. Investment tend to deals in buying and selling of shares to investors.

J.P. Morgan was  an investment bank that offers various investment services to investors and was known as the investment bank that underwrote the most bonds in the year 2013 and year  2014.

Learn more about investment bank here:https://brainly.com/question/15390021

#SPJ1

Answer:

Fiance management is the areas of the organisation that deals with the investment and analyzing money for a business or person to make sound business decisions. the work done by accounting department of a company is an example of finance management.

There are three basic management decisions in the modern approach of management decisions, finance decisions, investment decisions and dividend decision.

The major trends in the finance management are security, mobility, data analytics, regulatory challenges and digitization.

Modern financial management is basically concerned and lay more emphasis on proper anticipating, acquisition and allocation of fund effectively.

Basically, the Financial management refers to the function of a department that deals with application of general principles of management to the financial possessions of a firm.

For instance, the accounting department of a firm is one which performs the finance management.

However, the Modern financial management is basically concerned and lay more emphasis on proper anticipating, acquisition and allocation of fund effectively.

Read more about Financial management

brainly.com/question/989344

The most effective thing for Carlos to do to develop an ethical company is to behave ethically himself and run his business ethically (Option B).

Actions speak louder than words, and employees are more likely to follow ethical behavior when they see their leader and manager practicing it consistently.

By setting a positive example, Carlos creates a culture of integrity, honesty, and ethical decision-making within the organization. When employees observe their manager upholding ethical standards in their actions and decisions, it sends a clear message about the importance of ethical behavior.

In addition to leading by example, Carlos can also reinforce ethical practices by incorporating ethical standards into the employee handbook (Option A). This ensures that employees are aware of the company's expectations regarding ethical behavior and provides a reference point for their conduct.

While hiding hidden messages about ethics throughout the business or texting employees with quotes about ethics regularly (Options C and D) may have some positive impact, they are not as effective as the direct influence of a leader demonstrating ethical behavior.

Ultimately, developing an ethical company requires consistent ethical leadership, open communication, and a commitment to ethical decision-making in all aspects of the business. Option B

For more such questions on ethical company visit:

https://brainly.com/question/29829125

#SPJ8

Answer:

Option E

Explanation:

The pricing element will lead the demand which in turn will generate profits. Unlike other elements of the marketing mix, it is the only element that help the organization to cater the cost incurred in production, marketing, and promotion through profit generation which in turn depends on the demand.

Option E is correct

$9,520

Explanation:

Calculation for to record goodwill on this purchase

Using this formula

Goodwill =Amount paid to acquire assets and liabilities-(Fair value of the assets-Fair value of its liabilities)

Let plug in the formula

Goodwill =$83,420-($89,200-$15,300)

Goodwill=$83,420-$73,900

Goodwill=$9,520

Therefore Longhorn should record goodwill on this purchase of:$9,520

Keynesian economists emphasize Aggregate Demand , whereas classical economists emphasize Aggregate Supply  because he emphasis on Fiscal policy rather than monetary policy.

How is Keynesian economics different from classical economics?

Classical economics places little emphasis on the use of fiscal policy to manage aggregate demand. Classical theory is the basis for Monetarism, which only concentrates on managing the money supply, through monetary policy. Keynesian economics suggests governments need to apply fiscal policy, especially in a recession

Learn more about economics https://brainly.com/question/28208676

#SPJ9

Suppose a country`s workers can produce 4 watches per hour or 12 rings per hour. If there is no trade,: The opportunity cost of 1 watch is 3 rings.

Opportunity cost can be defined as the way in which a person tend to forgone others alternative as a result of choosing an alternatives .

Example of opportunity cost is when a student choose to forgone the choice of watching a movies because the student want to read for his/her examination.

Now let find the opportunity cost;

Opportunity cost = 12 rings  / 4 watches per hour

Opportunity cost =  3 rings

Therefore the opportunity cost of 1 watch is 3 rings.

Learn more about opportunity cost here:https://brainly.com/question/481029

#SPJ1

The solution to the given question when we consider total cost and total revenue, given in the following table:

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

Read more about marginal revenue here:

https://brainly.com/question/13444663

#SPJ1

Explanation:

(1) designing systems that are competitive and efficient; (2) understanding the system requirements of a global business environment; (3) creating an information architecture that supports the organization's goals; (4) determining the ...

Lending a fixed sum of money for later repayment is an example of an inflation risk.

This a classic example of an asset that is subject to inflationary risk because the money that is repaid may be worth significantly less than the money that was lent. The risk that inflation can pose to a portfolio over time is called Inflationary risk or also called purchasing power risk. the possibility that rising prices associated with inflation could outpace the returns delivered by your investments it is specifically, refers.

In simple words, when inflation will undermine an investment's returns through a decline in purchasing power risk is known as Inflationary risk. Bond payments payouts are generally based on fixed interest rates, meaning an increase in inflation diminishes their purchasing power and there are most at inflationary risk.

To learn more about inflation risk:

https://brainly.com/question/29560495

#SPJ1

Answer:

1. True

2. True

3. True

4. False

5. True

Explanation:

Answer:

1.F

2.T

3.T

4.T

5.T

Explanation:

Answer:

The correct answer is the cruise line sector.

Explanation:

However, the average age of cruise passengers in North America, as well as their income, has been dropping since the early 1970’s.

Answer:

Financial partnerships

Explanation:

Hedge funds are financial partnerships that use pooled funds and employ different strategies to earn active returns for their investors. Hedge fund strategies include long-short equity, market neutral, volatility arbitrage, and merger arbitrage. They are generally only accessible to accredited investors.

The correct answer to this open question is the following.

I am going to consider a rock concert. I am familiar with this event.

This is the logistics needed and the sequence in organizing this particular event.

1.- The promoter contacts the talent agency to negotiate with the band's management.

2.- The promoter has scheduled some dates in a specific venue where it is going to organize the show.

3.- The promoter and the manager negotiates the band fees.

4.- Both sign an agreement.

5.- THe promoter confirms the show with the venue.

6. The promoter order the printing of the tickets.

7.- The promoter double-checks all the permissions and authorizations required by the local government, according to the characteristics of the show.

8.- The promoter notifies the fire department, the police department, the traffic department, and rents medical or emergency services for the day of the show.

8.- The band's manager sents the "rider," the document where the band specifies its catering, backstage, rigging, light, and sound system. This document also includes hotel rooms, ground transportation necessities, and flight tickets.

9.- The promoter starts the marketing and promotion of the show in mass media outlets and social media.

10.- The promoter rents all the equipment needed.

11.- Everything is ready for the day of the show.

Alistair is the owner and operator of a bakery. He spends $250 on groceries for his business. He makes two bookkeeping entries in the book of accounts. He debits the supplies account and follows the transaction principle.

A book of accounts contains commercial account transaction records. Commercial double entry accounting systems include numerous ledgers or books, such as the general ledger as well as general journal. These ledgers are collectively referred to as books, a shortened term for books of account. Any of the numerous books utilised in the accounting process can be referred to as a single book of accounts.

Thus the entries that he make in the book of accounts is that he makes two entries in the book of accounts. He debits the supplies account and compliance with the principle of transaction.

Learn more about accounts, here:

https://brainly.com/question/28391686

#SPJ1

Answer:

Pyruvate can be converted to PEP by a combination of reactions that use energy from two different types of nucleotide triphosphate.

Explanation:

The total overhead applied to Product A7 under activity-based costing is closest to $482,086.

Activity Cost Pools  Measures  Overhead  Product E1  Product A7   Total

Labor-related          DLHs        $ 109,600           4,800        1,200    6,000

Machine setups      setups           51,690              700           300     1,000

Order size               MHs            808,470           2,800       3,500    6,300

Total                                        $ 969,760

                                          Total Costs         Product E1            Product A7

Labor-related       DLHs     $ 109,600        $87,680 (80%)     $21,920 (20%)

Machine setups   setups        51,690           36,183 (70%)        15,507 (30%)

Order size            MHs         808,470         363,811 (45%)     444,659 (55%)

Total                                  $ 969,760

Total overhead allocated to products    $487,674            $482,086

Thus, the calculation of the total overhead applied to Product A7 under the activity-based costing method is determined by the volume of activities that Product A7 consumed under each activity cost pool, as indicated by the percentages.

Learn more about the allocation of overhead using activity-based costing at https://brainly.com/question/14912137

Note that with respect to the deposite, it will take approximately 8.19 years for the account to reach $270,000.

To determine how   many years it will take for the account to reach $270,000,we can use the future value of an annuity formula.

The formula is -  

FV = P  x  [(1 + r)ⁿ⁻¹] / r

Where -  

FV = Future value ($270,000)

P = Annual deposit ($6,000)

r = Interest rate per period (13% or 0.13)

n = Number of periods (number of years)

We need to solve for n, so we can rearrange the formula as -  

n = log((FV  x  r / P) + 1) / log(1 + r)

Plugging in the values -  

n = log((270000  x  0.13 / 6000) + 1) / log(1 + 0.13)

Using a calculator, we find that n is approximately 8.19.

thus, it is corect to state that, it will take approximately 8.19 years for the account to reach $270,000.

Learn more about deposit at:

https://brainly.com/question/1438257

#SPJ1

Answer:

trying to evaluate the situation from all diff perspectives