rigley company has under applied overhead of $55,000 for the calendar year. before disposition of the underapplied overhead, selected year end balances from rigley's accounting records are:
Answers
Underapplied overhead refers to the scenario when the actual overhead costs are greater than the applied overhead costs in the accounting records. The Rigley company has underapplied overhead of $55,000 for the calendar year.
Before disposition of the underapplied overhead, the selected year-end balances from Rigley's accounting records are as follows:Raw materials inventory: $60,000Work in progress inventory: $80,000Finished goods inventory: $120,000Cost of goods sold: $1,050,000Calculating the amount of underapplied overhead is the first step in the process.
The formula for calculating the amount of underapplied overhead is as follows:Actual overhead costs - Applied overhead costs = Underapplied overhead costsSince the Rigley company has underapplied overhead of $55,000 for the calendar year, this means that actual overhead costs were more than the applied overhead costs by $55,000. The company will need to dispose of the underapplied overhead.
The company has two options for disposing of the underapplied overhead: 1. Allocate it among the Work-in-Progress, Finished Goods, and Cost of Goods Sold accounts or 2.
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Related Questions
a structural engineer hired by a military base discovers upon inspection that her employer is using low-quality steel and skimping on bolts and fasteners in many construction projects, which goes against the building designs she approved. she reports this to the concerned government regulatory agency. this is an example of
Answers
She reports this to the concerned government regulatory agency. this is an example of whistleblowing.
What is whistleblowing?A whistleblower is someone who comes out and divulges their knowledge of any wrongdoing they believe is taking place either throughout the entire organisation or in a particular department. A whistleblower is somebody who reports any illegal activity, whether they be an employee, contractor, or supplier.According to Mueller, during the early 20th century, the terms "to blow the whistle" and "whistleblower" referred to either persons who were really blowing whistles or those who were trying to halt unlawful or immoral activities by raising a stink.Whistleblowing comes in two flavours. Internal whistleblowing is the first. This indicates that the whistleblower informs another employee of malfeasance. Whistleblowing on the outside is the second kind.To learn more about whistleblowing refer to:
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Who are mangers? Explain how managers differ from non-managerial
employees and Describe classification, levels and different skills of managers.
Answers
Answer is given below
Explanation:
The manager is a person who belongs to the management team and assists in the management of the company. Non-administrative employees are members of an organization with no administrative functions. Managers are different from non-administrative employees The responsibility of the manager is greater than that of a non-managerial employee. Since the manager is a role model for non-managerial employees, he must have good morale. The manager is responsible for his subordinate actions. The manager is responsible for achieving the goals of the organization, however the coordination effort of all employees is required. The absence of a non-manager does not affect the performance of the company more than the absence of a manager.Place the steps for proper lifting technique in the correct order. --Select-- --Select-- --Select- --Select-- --Select- --Select-
Answers
Answer:hold up
Explanation:
angela deposits $3000 into an account with an apr of 4.7 or 9 years. find the future value of the account if interest is
Answers
If Angela deposits $3000 into an account with an annual percentage rate (APR) of 4.7% for 9 years, the future value of the account can be calculated using compound interest formulas.
To calculate the future value of the account, we can use the formula for compound interest: Future Value = Principal Amount × (1 + Annual Interest Rate)^Number of Years. In this case, the principal amount (P) is $3000, the annual interest rate (R) is 4.7% (or 0.047 in decimal form), and the number of years (N) is 9. Plugging these values into the formula, we get:
Future Value = $3000 × (1 + 0.047)^9.
Simplifying the equation, we find:
Future Value ≈ $3000 × 1.48695314
Calculating the result, we get:
Future Value ≈ $4,460.86
Therefore, the future value of the account after 9 years with an APR of 4.7% is approximately $4,460.86.
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answers
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
Choosing to go to college over getting a job right out of high school is an example of a(n) _____.
fixed cost
opportunity cost
variable cost
none of the above
Answers
Answer:
none of the above
Explanation: to get a job you have to get a degree
Answer:
opportunity cost
Explanation:
Edge 2020
There is a department meeting scheduled for 8 a.m. on Friday is an example of a sentence containing __________.
Answers
The sentence regarding the department meeting scheduled for 8 a.m. on Friday contains a filler.
What is a filler?
A filler means reflective of concise wording due to the fact that limited number of words have been used to convey a message without exaggerating the message.
In this case, there is a department meeting scheduled for 8 a.m. on Friday is an example of a sentence containing a filler.
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What are the major differences between a "Guarantor" of a contract and
an "Accommodation maker/drawer" in a negotiable instrument?
Answers
Answer:
a is the answer
Explanation:
Which shifter MIGHT decrease supply in the market right now?
A.an increase in the price of complementary goods
B.a producer believes that the price of the product will go down in the future
C.an increase in the number of consumers in the market
D.a producer has to pay a higher price for inputs to make the product
Answers
An increase in the price of complementary goods might decrease supply in the market right now. Thus, option A is correct
When the demand for related products rises, the value of complementary goods also rises. For instance, the demand for cell phone chargers may rise if the demand for cell phones does as well. The cost of complementary goods is also important.
The demand for a given product and its complement may rise as its price falls. While you might sell some of these items alone, others may be dependent on one another. For instance, complementary items can illustrate businesses how the pricing of one product may impact the demand for another. Discovering the various relationship models and how they could impact a business can be done by understanding the idea of complementary items.
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Becky debated on salad or fish for dinner. She chose salad, assuming it to be lighter and noticing it was also cheaper. Becky used ______ in her decision.
a. Evaluative criteria
b. Problem solving
c. Purchase decision stage
d. Social surroundings
Answers
Becky debated on salad or fish for dinner. She chose salad, assuming it to be lighter and noticing it was also cheaper. Becky used Evaluative criteria in her decision.
Evaluative criteria refer to the factors or standards that consumers use to evaluate and compare different products or services before making a purchase decision. These criteria can be objective, such as price or quality, or subjective, such as personal preferences or emotional factors.
Consumers use evaluative criteria to make decisions that meet their needs and wants, as well as to ensure that they are getting the best value for their money. For example, when choosing a new phone, a consumer might use evaluative criteria such as price, battery life, camera quality, and brand reputation to compare different models and make an informed purchase decision.
Understanding the evaluative criteria that consumers use can help businesses develop products and services that meet their customers' needs and government preferences.
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Risk Retention or acceptance strategy for addressing identified risk means
Answers
Risk retention or acceptance strategy is a risk management strategy that involves accepting the potential consequences of a risk and not taking any action to avoid or transfer it. This approach is typically used when the cost of avoiding or transferring the risk is higher than the potential losses that may occur if the risk materializes.
When an organization chooses the risk retention or acceptance strategy for addressing identified risks, it means that they acknowledge the existence of a potential risk and have made a conscious decision to bear the consequences of that risk. This approach is often used for low-impact risks or risks that are within the organization's risk appetite.
This strategy can be used in several ways, including:
1. Self-insurance: In some cases, organizations may choose to self-insure for certain types of risks. This means that the organization will set aside a specific amount of money to cover the potential losses that may occur if the risk materializes.
2. Contingency planning: Organizations may also develop contingency plans to prepare for potential risks. This involves identifying the potential consequences of a risk and developing a plan to mitigate those consequences if the risk materializes
3. Monitoring and review: Finally, organizations that choose to accept the potential consequences of a risk must monitor and review the situation regularly to ensure that the risk remains within the organization's risk appetite. If the situation changes, the organization may need to revisit its risk management strategy and consider other options, such as risk avoidance or risk transfer.
Overall, the risk retention or acceptance strategy can be an effective approach to managing identified risks when the potential costs of avoiding or transferring the risk outweigh the potential losses that may occur if the risk materializes.
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. which of these is not considered one of the four primary categories of revenue generation within the sport industry? a. media rights b. sports gambling c. sponsorships d. merchandise
Answers
The one that is considered one of the four primary categories of revenue generation within the sport industry is media rights. Option A.
What is revenue generation?Revenue generation can be done companies or organization or businesses.
The business or company can be set up for profit within a particular industry.
Various industry have different category of revenue generation. Sport categories for income generation include merchandise sales.
Therefore,
Media right is not a primary categories of revenue generation within the sport industry.
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Mei starts a job with a $72,000 annual salary that is paid twice a
month. How much should she expect her gross pay to be on her
first paycheck?
Answers
$3000
Explanation:
just diveide the number by 24
Training provides employees with specific knowledge and skills for use in their present jobs.TrueFalse
Answers
Employees receive training to provide them with specialized knowledge and abilities for use in their current positions. This statement is true.
Training is a crucial component of employee development and it helps to improve their skills and knowledge in specific areas that are necessary for their current jobs. With the ever-changing work environment, it is important for employees to keep up-to-date with the latest skills and knowledge required for their job roles.
Effective training programs provide employees with a range of benefits, including increased job satisfaction, improved productivity, and enhanced career development opportunities. By providing employees with the necessary training, employers can improve the quality of work that they produce and help them achieve better results in their jobs.
Training can take many forms, including on-the-job training, classroom-based training, and online training programs. The type of training that is provided will depend on the specific needs of the organization and the employees.
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stine company purchased machinery with a list price of $96,000. the company was given a 10% discount by the manufacturer. they paid $600 for shipping and sales tax of $4,500. stine estimates that the machinery will have a useful life of 10 years and a residual value of $30,000. if stine uses straight-line depreciation, annual depreciation will be question 1 options: $6,150. $6,108. $9,150. $5,640.
Answers
The annual depreciation expense for the machinery is $6,150. Option A
To calculate the annual depreciation of the machinery purchased by Stine Company, we need to first determine the cost basis of the machinery.
The cost basis is the purchase price plus any additional costs associated with acquiring and placing the machinery into service.
In this case, the purchase price of the machinery is $96,000, but Stine received a 10% discount from the manufacturer, which reduces the purchase price to $86,400. Additionally, Stine paid $600 for shipping and $4,500 for sales tax, bringing the total cost basis to $91,500.
Next, we need to determine the depreciable basis, which is the cost basis of the machinery minus the estimated residual value.
The estimated residual value in this case is $30,000, so the depreciable basis is $61,500 ($91,500 - $30,000).
Using straight-line depreciation, we divide the depreciable basis by the useful life of the machinery to determine the annual depreciation expense.
In this case, the useful life is 10 years, so the annual depreciation expense is $6,150 ($61,500 ÷ 10 years). Option A
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QUESTION 9 / 10
HR
If you are trying to reduce the cost of college, which of the following strategies is likely to save you
the most money?
A. Attending an in-state public university
B. Living in an off-campus apartment
C. Purchasing used books
D. Attending a private college
Answers
when using an outside expert to develop and present a training course, a document that outlines the specifics of the training and the process by which the organization will determine its level of satisfaction should be prepared. what is this document called? multiple choice question. a training portfolio a certificate of intent a request for proposal a training mandate
Answers
Prospectus is the document that outlines the specifics of the training and the process by which the organization will determine its level of satisfaction prepared by outside experts.
This document is prepared by each and every organisation so that the data is collected at one place and can be provided a certificate of proposal for all the information present in the portfolio for the investors or the specific training process for the employees.
The training portfolio certificate is issued for the same so that it is a legal document in lieu of prospectus that provide and outlines the present situation of organisation.
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Why do you think brand advocates willingly promote companies via social media? Explain.
Answers
Answer:
As a form of celebrity and endorsement. The company will be viewed by the potential millions of people that follow those brand advocates. This allows the brand to reach a wider audience and raise profits. that is why brand advocates willingly promote companies via social media?
Explanation:
hope this helps. ; )
Susie asks you for investment advice as she's not sure if she should invest in a Roth IRA or a Traditional IRA She has a great job now and expects to have lower earnings and a lower marginal tax rate once she retires. Which would you recommend and why? Response should be a minimum of 100 words
Answers
Susie anticipates a pay cut and a regular IRA can be a wise retirement savings plan because she will have a lower marginal tax rate when she retires.
What are regular and Roth IRAs?
When you make an after-tax contribution to a Roth IRA, your money grows tax-free, and once you reach the age of 59 and a half, you can typically take your funds without incurring any taxes or penalties.
A Traditional IRA allows you to make pre-tax or post-tax contributions, and your funds grow tax-deferred until you are 59 and a half years old.
With a Roth IRA, you can make after-tax contributions, see your money grow tax-free, and generally take withdrawals after age 5912.
A Traditional IRA allows for pre- or post-tax contributions, tax-deferred growth of your funds, and current income tax on withdrawals.
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suppose we have a transportation with three factories and four warehouses. how many deciusion variables
Answers
when we have three factories with four warehouses then the total number of decision variables are 12.
A decision variable is an unknown in an optimization problem. It has a domain, that is a compact illustration of the set of all viable values for the variable. Decision variable sorts are references to gadgets whose genuine nature relies upon at the underlying optimizer of a model.").
For example, a discrete choice variable with a number of 1 to five and a step length of one can most effective take at the values 1, 2, 3, 4, or five. Decision Variables: These are the unknown portions which can be predicted to be predicted as an output of the LPP solution. Objective Function: All linear programming issues goal to both maximize or reduce a few numerical fee representing profit, cost, manufacturing quantity, etc.
Decision variables = factories * warehouses
Decision variables= 3 * 4
Decision variables= 12.
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Correct Question:
suppose we have a transportation with three factories and four warehouses. how many decision variables we must have.
What is chick fil a stock?
Answers
Chick-fil-An is a private, family-possessed company and doesn't offer investment opportunities to general society.
Chick-Fil-A stock is not publicly traded and has no ticker image or stock cost. The company is privately possessed, with its equity shares split between the three children of the organizer Samuel Truett-Cathy. In this way, you can't buy Chick-fil-A stock on the equity shares.
Chick-fil-An is a US-based fast-food restaurant that was established by S. Truett Cathy in 1946 in Atlanta. It was originally run under the brand name Dwarf House and was known for its hamburgers and steaks. As of 2019, Chick-fil-A was operating 2,470 restaurants in the US, making it the third-largest fast-pecking order in the US, after McDonald's and Starbucks.
According to Forbes, Chick-fil-A's sales are more than half higher than Mcdonald's. Chick-fil-A's signature chicken sandwich makes it one of the most popular fast-food restaurants in the US; in fact, Chick-fil-A units are the most-visited fast food restaurant in 38 out of 50 states. It accomplished all this notwithstanding being shut on Sunday in observance of the pioneer's Christian faith.
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A cowboy hat manufacturer was interested in knowing how to price his or her work based on data rather than "gut feelings." He or she found that pricing concepts involve a language of special terms. Fill in the blanks with the word or phrase from the drop-down list that is among these special terms and would best complete each sentence. Words may be used more than once.
_____ refers to the portion of sales revenue left over after paying the product costs of cowboy hats. Target ____ are often based on norms in the hat industry. Cost-based pricing for cowboy hats uses the_____ plus a target _____ to calculate the sales price. Other term for margin is _______.
- margin
- markup percentages
- product costs/ markup precentage
Answers
Answer:
the last one
Explanation:
QUESTION 22 What is one cost of avoiding insurance? A. falling into debt if faced with a serious problem B. not benefitting from insurance deductibles C. not being able to purchase a car or home D. facing increased probability of accidents
Answers
Answer:
A. falling into debt if faced with a serious problem
What is money that a borrower owes a lender?
credit
O debt
O income
O loan
Answers
Answer: loan.
Explanation:
free creditsssssssssssssssssssssssssssss
Answers
Answer:
ty
Explanation:
android-based devices assume you will have a(n) ________ account as your primary account.
Answers
Signin accounts are assumed to be your primary accounts on app-based devices.
You may use several services, such as the Android operating system, Signin, Drive, and others, for free if you have a Signin account. Going to the Signin website and following the instructions will allow you to establish a Signin account.
Once you've made a account, you can sign in with it to use all of the apps and services that are associated with it on your Android device. Check the settings on your phone. Scroll down and select Signin. The Manage accounts on this device option will appear when you tap the right arrow next to your Signin account. Your phone's accounts are all there.
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What is the standard deduction for marry filing joint for tax year 2017?
Answers
Answer: $12700
Explanation:
Standard deduction refers to the portion of income that's not being subjected to tax which can be used in the reduction of the tax bill. It should be noted that the amount of one's standard deduction will be based on the age, filing status, age, as well as some other criteria.
For taxpayers who don’t itemize, it should be noted that the 2017 standard deduction depends on the filing status and this include:
Single = $6,350
Married Filing Jointly = $12,700
Married Filing Separately = $6,350
Head of Household = $9,350
Qualifying Widow(er) = $12,700
considering your answer to the previous question, which simpler model of population growth is the dp/dt equation equivalent to when there is no prey?
Answers
The dp/dt equation is equivalent to the exponential growth model when there is no prey.
What's exponential growth modelThe exponential growth model is a simpler model of population growth that assumes that the population grows at a constant rate. In this model, the rate of change of the population is proportional to the size of the population, and there are no limiting factors, such as the availability of food or the presence of predators.
The exponential growth model is represented by the equation:
dp/dt = rp
where dp/dt is the rate of change of the population, r is the intrinsic growth rate, and p is the population size.
In the absence of prey, the dp/dt equation becomes:
dp/dt = rp
This equation is equivalent to the exponential growth model, as it assumes that the population grows at a constant rate and there are no limiting factors.
Therefore, the dp/dt equation is equivalent to the exponential growth model when there is no prey.
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You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?
Answers
Answer:
The change should you expect in operating cash flows next year would be 19.60%
Explanation:
In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:
change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year
change should you expect in operating cash flows=2.8*0.07
change should you expect in operating cash flows=19.60%
The change should you expect in operating cash flows next year would be 19.60%
________________________ equalizes the prices of internationally traded goods across countries.
Answers
Answer:purchasing power parity
Explanation: