Answers
Answer:
Budgeted sales for September in unit is 56,500 units.
Explanation:
Note: This question is not complete. See the attached pdf file for the complete question.
August beginning inventory = August sales in unit * 10% = 53,500 * 10% = 5,350
September ending inventory = October expected sales in unit * 10% = 73,000 * 10% = 7,300
September beginning inventory = August ending inventory = August production in unit - August sales in unit + August beginning inventory = 53,800 - 53,500 + 5,350 = 5,650
Therefore, we have:
Budgeted sales for September in unit = September production in unit + September beginning inventory - September ending inventory = 58,150 + 5,650 - 7,300 = 56,500
Related Questions
What part of the unit correlates to this Ted Talk and shares the same concepts that are covered? Discuss the similarities between Ted talk and the unit in terms of personal finance
Answers
Lesson 04 correlates to this Ted Talk and shares the same concepts that are covered. The similarity is that White was talking about “smalling up” and she talked about the effect on her local economy when she was on unemployment. The lesson talked about how being on unemployment impacted the economy.
The unit that is not unusual with the TED communication is the dialogue about the own family and the government shares. The dialogue approximately the own family and the authorities shares are finished in a manner that resembles both the Unit and the TED talk. It method that this is the maximum essential element.
What is private finance?Private finance is the procedure of planning and coping with personal economic sports such as profits era, spending, saving, investing, and safety. The system of coping with one's personal finances may be summarized in a finance or financial plan.
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Which type of worker would most likely be able to begin work after receiving a high school degree and completing an on-the-job apprenticeship? a miner a forester a conservationist a park worker
Answers
Answer:
I think it would be a park worker
Explanation:
Park workers don't use as much heavy equipment as miners
A worker would most likely be able to begin work after receiving a high school degree and completing an on-the-job apprenticeship is conservationist. Option C is correct.
What is Conservationist?A conservationist is a person who works to preserve wildlife, plants, or their natural environments. While some environmentalists teach students about environmental issues, others clean up seabirds after oil spills in the water. He might wish to become a conservationist if you are concerned about protecting the environment and wildlife.
A person active in conservation is one who works to safeguard wildlife, plants, and other natural resources as well as to stop the loss and waste of these resources.
Further a person who complete his education Biology A-Levels are essential, as well as at least one other subject. Furthermore, geography has its uses. A BSc in Biology, Environmental Science, or Zoology might be a suitable place to start after A-Levels before specializing during a Masters for post of conservationist.
Thus option C is correct.
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Would you prefer to buy an existing business or start from scratch? Why?
Answers
Answer:
I would start from scratch Because It helps u feel accomplished about your work
Your boss is considering a 5-year investment project. If the project is accepted, it would require an immediate spending of $678 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $144 in sale proceeds after taxes (or after-tax salvage value). Your boss's consulting team estimated that the annual after-tax profits (or operating cash flows) would equal $173. The team also recommends immediately setting aside $58 in cash to cover any unforeseen expenses. The required annual rate of return is 8.1%.
Calculate the Net Present Value of this proposed investment project. (Do NOT use "S" in your answer. Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your answer to TWO decimal places. For example, 1,000,23 or -1,000.23) Focus E- 17 786 words English (United States)
Answers
Answer:
$50.47
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in year 0 = - ($678 + $58 ) = -736
Cash flow in year 1 - 4 = $173
Cash flow in year 5 = $173 + $144
I = 8.1
NPV = 50.47
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
The following is selected information from Windsor, Inc. for the fiscal year ending October 31, 2022. Cash received from customers $129000 Revenue recognized 193500 Cash paid for expenses 73100 Cash paid for computers on November 1, 2021 that will be used for 3 years 20640 Expenses incurred including any depreciation 102340 Proceeds from a bank loan, part of which was used to pay for the computers 43000 Based on the accrual basis of accounting, what is Windsor's net income for the year ending October 31, 2022
Answers
*
This model of retailer grants a license to another party to market and sell its
products or services and each location is owned by a different person or
group.
Independent
Corporation
Franchise
Private Company
Answers
Company XYZ calculated its current and deferred income tax provisions utilizing the current
• Federal tax rate-21%
. State 1 tax rate- 7.2%
• State 1 apportionment factor- 40%
. State 2 tax rate- 4.8%
• State 2 apportionment factor-55%
There are no other states that are relevant to the Company's provision for the current year.
You are auditing the current tax provision for the current year. What needs to be tested and documented and/or discussed with management as it
relates to these rates?
1) The federal income tax rate independently agreed to the appropriate IRS tax rate at IRS.gov.
II) The state income tax rates independently agreed to the relevant state taxing authorities' websites.
III) The state apportionment factors tested for accuracy based on state level taxable income.
IV) The state apportionment factors should total 100% and thus inquiries of management should be performed regarding remaining state income.
V) The rates utilized in the provision should be those expected in future years and thus test the appropriateness of management's assumption that
current year rates project future year rates, including apportionment factors.
Answer the question, then select Confirm.
A. I, II, III, IV
B. I, II, III
O C. I, II, III, IV, V
D. LII
Answers
Company XYZ computed its current and deferred income tax provisions in the preceding question using current year income tax rates such as the Federal tax rate, State tax rate, and State apportionment factor.
As an auditor for the current year, it is necessary to test, document, and/or discuss all of those rates with management. As a result, all of the preceding points l, II, III, IV, and V were to be tested, recorded, and/or reviewed with management. Hence the correct option is C.
Who is an Auditor?An auditor is a qualified individual who checks and confirms the correctness of financial documents and ensures that businesses adhere to tax regulations.
Their major goal is to safeguard firms against fraud, as well as to reveal any anomalies in accounting processes.
What is the role of an auditor?In order to avoid fraudulent or unethical activities, the auditor must also determine whether or not a financial history is accurate and true.
Auditors adhere to national accounting industry standards in order to give the most accurate recommendations for various sectors of business.
To perform these investigations, an auditor may collaborate with a team of employees within a business.
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Each element of promotional mix is useful in markh Briefly expound in the specific promotion objects. bet acher through each element
Answers
A promotional mix is a combination of marketing strategies, such as direct marketing, sales, public relations, and advertising, to accomplish a certain marketing objective. Usually, a marketing mix's promotional component is its smallest component.
What are the seven components of a promotion mix?Product (or Service) (or Service) One thing matters to your customer more than everything else: what your good or service can do for them.
Price. A pricing model is composed of many variables.
Location, people, packaging, and method of promotion.
What are the components of promotion? Please briefly explain.Public relations, sales promotion, and advertising are three of the five promotional activities that are frequently referred to as using mass selling. The promotional strategy known as mass marketing involves reaching out to large groups of potential customers rather than getting in touch with each one one-on-one.
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Define individual and market demand.
Answers
Answer:
Individual demand is influenced by an individual's age, sex, income, habits, expectations and the prices of competing goods in the marketplace. Market demand is influenced by the same factors, but on a broader scale – the taste, habits and expectations of a community and so on.What is the purpose of every item in the SHARKS mnemonic?
Answers
The purpose of every item in the SHARKS mnemonic is:
S – state the agenda before you start your meeting;
H – hijackers will be at your meeting, so watch out;
A - adding relevant information is the key to a good meeting;
R – repeat the agenda at the end of the meeting;
K - keep the meeting small and short;
S - scheduling should be outside the meeting.
What is the significance of a mnemonic?A mnemonic can be referred to or considered as a tool of the English language wherein the initial letters of a concept are used to easily memorize the concept effectively.
In the given condition above, the mnemonic of SHARK is used as an effective memory tool for memorizing the purpose behind each initial in a meeting of intelligence department.
Therefore, the significance regarding mnemonic is aforementioned.
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Opportunity cost is _____.
the cost of business itself
the cost of travel, entertainment and other activities that provide an opportunity for recreation
the cost of an alternative product or service that cannot be acquired because the available funds were used for another purpose
none of the above
Answers
Opportunity cost is the cost of an alternative product or service that cannot be acquired. Opportunity cost is frequently referred to as the second-best option.
The loss of gain that would have been realised if a different option had been chosen is sometimes product referred to as the alternative cost. The loss of benefit as a result of a change in choice is another way to explain it. The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.
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what is The principle that describes how a change in a property affects the overall property value?
Answers
The principle that describes how a change in a property affects the overall property value is know as principle of contribution.
Write a short note on principle of contribution.This is what some of texts could refer to as the marginal contribution principle. The value of an improvement is determined by what it adds (or contributes) to the market value of the total property, not by how much it cost to install the improvement, according to the concept of contribution. When considering whether to make improvements to ones already made, this is a crucial consideration.
The common misconception among real estate buyers is that if they spend money making improvements to their home, the market worth of the home will increase by the amount of the improvement. For instance, a lot of people have remodeled their homes or added swimming pools because they think that these additions will greatly increase the market value of their homes. This isn't always the situation.
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In order to communicate effectively on the job, it is important to do all of the following,
except
adopt an audience-centered approach.
share your personal experiences related to the job.
be sensitive to business etiquette.
minimize distractions.
Answers
Answer:
a
Explanation:
adopt an audience centered approach
If a company using a perpetual inventory system returns an item to a supplier,
the journal entry should include which two accounts?
OA. accounts receivable and inventory
B. accounts payable and inventory
C. cost of goods sold and accounts payable
D. cost of goods sold and inventory
Answers
Software is being developed in 8-hour shifts in which country?
A.Canada
B. Mexico
C.India
D.Germany
Answers
What is a Capital Gain on an investment?
A. Money that you are paid as a result of owning stock in a company that is earning a profit.
B. Money that you are paid for letting others borrow your money for a period of time.
C. Money that you are paid for letting others borrow your money for a period of time.
D. Increase in value of an equity investment that is a result of appreciation of that asset.
Answers
Answer:
B and C are the same, and none of the answers are correct
Explanation:
Capital gain is the amount of money you earn after selling a property or investment. It's essentially (the price you sold it for) -- (the price you paid for it)
eg if you bought stock for $100 and sold it for $200, you'd have a capital gain of $100 (200-100)
Emily Corporation purchased all of Ace Company's common stock on January 1, 2020, for $1,000,000 cash. The investee's stockholders' equity amounted to $400,000. The excess of $600,000 was due to an unrecorded patent with a six-year life. In 2020, Ace reported net income of $250,000 and paid dividends of $25,000.
For 2020, what amount of Equity Income will Emily record? How to get the answer of 1,125,000
Answers
Answer:
$ 1,125,000
Explanation:
Calculation for the amount of Equity Income that Emily will record
First step is to find the Net equity income using this formula
Net equity income= Net income +Dividends
Let plug in the formula
Net equity income=$250,000+$25,000
Net equity income=$225,000
Second step is to find the balance of investment using this formula
Balance of investment= (Common stock + Net equity income )- Amortization of unrecorded patent
Let plug in the formula
Balance of investment =($1,000,000+$225,000 )-($600,000/6)
Balance of investment=$1,225,000-$100,000
Balance of investment = $ 1,125,000
Therefore the amount of Equity Income that Emily will record will be $ 1,125,000
Using activity-based costing to make decisions
Dino Dog Collars uses activity-based costing. Dino's system has the following features:
Predetermined Overhead
Activity
Allocation Base
Allocation Rate
Purchasing Number of purchase orders $ 65.00 per purchase order
Assembling Number of parts
0.36 per part
Packaging Number of finished collars
0.25 per collar
Each collar has four parts, direct materials cost is $9.00 per collar, and direct labor cost
is $4.00 per collar. Suppose Animal Hut has asked for a bid on 25,000 dog collars. Dino
will issue a total of 150 purchase orders if Animal Hut accepts Dino's bid.
Requirements
1. Compute the total estimated cost Dino will incur to purchase the needed materials
and then assemble and package 25,000 dog collars. Also compute the cost per collar.
2. For bidding, Dino adds a 40% markup to total cost. What total price will the
company bid for the entire Animal Hut order?
3. Suppose that instead of an ABC system, Dino has a traditional product costing
system that allocates indirect costs at the rate of $9.60 per direct labor hour. The dog
collar order will require 12,000 direct labor hours. What total price will Dino bid using
this system's total cost?
4. Use your answers to Requirements 2 and 3 to explain how ABC can help Dino
make a better decision about the bid price it will offer Animal Hut.
Answers
Dino Dog Collars calculates the cost of producing 25,000 dog collars using activity-based costing. The total estimated cost, cost per collar, and bid price are calculated with a 40% markup.
What is the importance of ABC to management decision making?ABC is an accounting methodology that assigns indirect costs to products or services based on the activities that generate those costs. Unlike traditional costing methods, which allocate indirect costs based on a single cost driver, ABC allocates costs based on multiple cost drivers, providing a more accurate picture of a product's or service's true cost. ABC's value to management decision making stems from its ability to provide more accurate and relevant cost information. Managers can use ABC to determine which activities are causing costs, where inefficiencies exist, and how to optimise processes to reduce costs and increase profitability. ABC assists managers in making informed pricing decisions by providing a better understanding of the true cost of products and services.
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Refer to the financial statements of Burnaby Mountain Trading Company. The firm's asset turnover ratio for 2017 is _________. (Please keep in mind that when a ratio involves both income statement and balance sheet numbers, the balance sheet numbers for the beginning and end of the year must be averaged.)
Answers
Answer:
1.69
Explanation:
asset turnover ratio = net sales / average assets
I looked up the missing information and found the following:
total assets year 1 = $4,000,000
total assets year 2 = $4,300,000
net sales year 2 = $7,000,000
average assets = ($4,000,000 + $4,300,000) / 2 = $4,150,000
asset turnover ratio = $7,000,000 / $4,150,000 = 1.6867 = 1.69
The higher the asset turnover ratio, the more efficient a company is. Therefore, a higher asset turnover ratio is always better although there is no fixed parameter.
Process operations is defined as a manufacturing process that includes: (Check all that apply.) Multiple select question. large volumes of similar products. customized products. series of sequential processes. individualized production steps.
Answers
The process operations are treated as the manufacturing process that involved the high standardization level, and the series of the sequential process.
The information related to the process operations is as follows:
It refers to the method or action or the operation that involved the storage or handling of the material prior, during, or after the manufacturing. It involved the greater standardization level, and the sequential process series.Therefore we can conclude that the process operations are treated as the manufacturing process that involved the high standardization level, and the series of the sequential process.
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What mode of logic uses a set of rules to formulate an argument?
A.Formal logic
B.Socratic logic
C.Reflective logic
D.Empirical logic
Answers
Tamarisk Co. reports the following information for 2020: sales revenue $769,400, cost of goods sold $502,400, operating expenses $88,400, and an unrealized holding loss on available-for-sale debt securities for 2020 of $57,800. It declared and paid a cash dividend of $14,160 in 2020. Tamarisk Co. has January 1, 2020, balances in common stock $365,300; accumulated other comprehensive income $90,400; and retained earnings $91,010. It issued no stock during 2020. (Ignore income taxes.) Prepare a statement of stockholders’ equity.
Answers
Answer:
Statement of Changes In Equity
Common Stock Retained Earning Total
Beginning Balance $365,300 $91,010 $456,310
During the Year 2020
Profit for the Year $120,800 $120,800
Dividends ($14,160) ($14,160)
Balance at End $365,300 $197,650 $562,950
Explanation:
First, Calculate the Profit / Loss for the Year
Income Statement for the year ended 2020
Sales Revenue $769,400
Less Cost of goods sold ($502,400)
Gross Profit $267,000
Operating expenses ($88,400)
Net Profit/(Loss) $178,600
Other Comprehensive Income
Less unrealized holding loss ($57,800)
Total Profit and Loss and other comprehensive income $120,800
See the statement prepared above in terms of IAS 1 of the International Financial Reporting Standards (IFRS)
why is this so difficult
Answers
Answer:
What is your question?
what is a advantage of a retail store holding change float in a store
Answers
A change float is a set amount of money that a retail store keeps on hand to use as change for customer purchases. Firstly, having a change float ensures that customers can always receive the correct amount of change for their purchases.
Without a change float, cashiers would need to rely on the exact change given by customers or constantly ask for additional change from other employees or the cash register. This can slow down the checkout process and lead to frustrated customers.Secondly, holding a change float helps to prevent theft.
If cashiers don't have access to a change float, they may be tempted to take money from the cash register to use as change. This can lead to discrepancies in the cash register and make it difficult to track down the source of any missing money. A change float provides a clear and separate source of change that can be tracked and accounted for.Thirdly, a change float can help to speed up the checkout process.
Cashiers don't need to spend time searching for change or counting out coins, which can help to reduce long lines and improve customer satisfaction. In summary, a change float is an important tool for any retail store that wants to provide excellent customer service, prevent theft, and improve efficiency.
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Jeannine is studying cultures and their respective attitude toward proxemics. What is she most likely to discover?
Question 5 options:
which cultures prefer having people stand close to one another
which cultures prefer to keep business interactions more formal
which cultures prefer to make eye contact when conversing
which cultures prefer all scheduled events to begin and end on time
Answers
Which cultures prefer having people stand close to one another attitude toward proxemics she is most likely to discover. Thus option A is correct.
What is culture?The term "culture" is a general one that refers to individual interaction, structures, and norms present in modern populations in addition to people that make up these communities as well as their skills, beliefs, including abilities.
Proxemics is the study of how people use space and how population size affects how they behave, communicate, and interact with others. the field of study that examines the distance that people feel they must maintain within themselves and others. Therefore, option A is the correct option.
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The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling activity are shown in the following
table. Because of the high physical demands of the job, the company's policy is a 25% allowance for workers. (Round all intermediate
calculations to two decimal places before proceeding with further calculations.)
Element
Grasp and place bag
Fill bag
Seal bag
Place bag on conveyor
Performance
Rating
110%
80%
105%
85%
1
8
37
16
8
Observation (seconds)
2
8
42
17
6
3
9
38
12
9
Bag breaks open; included as delay in the allowance factor
A Conveyor jams; included as delay in the allowance factor
a) The standard time for this process = seconds (round your response to two decimal places).
4
12
34
20
30^
5
8
114
18
34
Answers
Answer:
g
Explanation:
d
The technique used to conclude about the population on the basis of a sample is called
Answers
A regulatory agency that protects workers is
A. OSHA
B. EPA
C. FDA
D. SEC
Answer- A. OSHA
Answers
Answer:Its A
Explanation:
Just took the quiz
Answer: A. OSHA
Explanation: This is the correct answer on Edge 2020 (just took the quiz and made a 100% ^-^).
If the order is accepted, by how much will monthly profits increase or decrease? (The order would not change the company’s total fixed costs.) Show and label all computations using words and numbers to explain the steps please (final answer should be incremental profits)
Answers
If the Superior Company accepts the special order, monthly profits will increase by $2,500.
By how much will monthly profits increase or decrease if order is accepted?To determine the impact on monthly profits, we need to calculate the contribution margin per unit on the special order.
Contribution margin per unit = Selling price per unit - Variable costs per unit
= $15 - ($2.50 + $3.00 + $0.50 + $1.50)
= $7.50
The contribution margin ratio is 50% ($7.50 / $15).
The fixed costs are $4.25 + $2.00 = $6.25 per unit.
If the company accepts the special order, it will produce and sell an additional 2,000 units.
Total contribution margin from the special order:
= 2,000 units x $7.50 per unit
= $15,000
Since the order would not affect regular sales, the company's total fixed costs will remain the same. Therefore, the increase in monthly profits would be:
Increase in monthly profits = Total contribution margin from the special order - Incremental fixed costs
= $15,000 - ($6.25 x 2,000)
= $2,500.
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What is one advantage of starting to invest