The unfavorable flexible-budget variance for variable manufacturing overhead indicates a **higher actual variable manufacturing overhead cost** than what was budgeted.
The flexible-budget variance for variable manufacturing overhead is calculated by subtracting the flexible budget amount for variable manufacturing overhead from the actual variable manufacturing overhead cost. If the result is unfavorable, it means that the actual cost exceeded the budgeted amount, indicating higher expenses in this category.
This unfavorable variance could be attributed to various factors such as increased raw material prices, higher energy costs, or inefficient utilization of resources during the manufacturing process.
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A fan base is, in most ways, quite similar to a customer base.
A. False
B. True
We've Come a Long Way From Where We Began
Answer:
oh ill tell you all about it when i see you again
Explanation:
Price skimming focuses on selling products to ____ and ____ in the consumer adoption process model.
Price skimming focuses on selling products to innovators and early adopters in the consumer adoption process model.
An early adopter or lighthouse customer is an early customer of a particular company, product, or technology. The term comes from Everett M. Rogers' Diffusion of Innovations.
Early adopters are critical to a product's success because they provide businesses and other consumers with insight into how the product performs on a daily basis. Companies attract early adopters by offering promotional offers to the first to try their products.
The product has five types of users. Innovators, early adopters, early majority, late majority, laggards. Understanding where these fit in the product lifecycle enables selective marketing and design activities aimed at unlocking the specific needs of these users.
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QUESTION 17 A father wants to gilt his daughter a present for her marriage, he offers her three options: Option A $55,000 today Option B: $8,000 overy year for 10 years Option C: $90,000 in 10 years Assuming a discount rate of 7%, calculate the present value of each option (give an answer for each) and decide what option is best for the daughter.
Option B is the best choice for the daughter if she wants to maximize her present value. The daughter's decision is solely based on financial considerations and does not take into account other non-financial factors that may influence her decision.
The present value of each option can be calculated as follows:
Option A: The present value of $55,000 today is simply $55,000.
Option B: The present value of the annuity of $8,000 per year for 10 years can be calculated using the formula for the present value of an annuity:
PV = C x ((1 - (1 + r)^-n) / r)
where PV is the present value, C is the annuity payment, r is the discount rate, and n is the number of periods. Plugging in the values, we get:
PV = $8,000 x ((1 - (1 + 0.07)^-10) / 0.07) = $57,227.27
Option C: The present value of $90,000 in 10 years can be calculated using the formula for the present value of a single sum:
PV = FV / (1 + r)^n
where PV is the present value, FV is the future value, r is the discount rate, and n is the number of periods. Plugging in the values, we get:
PV = $90,000 / (1 + 0.07)^10 = $41,450.51
Based on the calculations, Option B has the highest present value of $57,227.27, followed by Option A with a present value of $55,000, and Option C with the lowest present value of $41,450.51. Therefore, Option B is the best choice for the daughter if she wants to maximize her present value. It is important to note that this analysis assumes that the daughter's decision is solely based on financial considerations and does not take into account other non-financial factors that may influence her decision.
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McDermott Company's bank statement for September 30 showed an ending cash balance of $1,462. The company's Cash account in its general ledger showed a $1,115 debit balance.
The following information was also available as of September 30:
1. The bank deducted $165 for an NSF check from a customer deposited on September 15.
2. The September 30 cash receipts, $1,330, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30 bank statement.
3. A $23 debit memorandum for checks printed by the bank was included with the canceled checks.
4. Outstanding checks amounted to $1,265.
5. Included with the bank statement was a credit memo in the amount of $915 for an EFT in payment of a customer's account.
6. Included with the canceled checks was a check for $315, drawn on the account of another company.
Required:
Prepare a bank reconciliation as of September 30.
Deposits in transit1330Balance as per bank consumer statement after adding deposit in transit 2792 Outstanding checks 1265 Balance as per book balance debit 1115 Add: Credit memo 915 Adjusted book balance 2015 Outstanding checks.
Checks issued by the company but not yet presented for payment on the bank statement are known as outstanding checks. They are deducted from the balance as per the bank statement to arrive at the adjusted balance, which is compared to the book balance to find any differences.
In this case, outstanding checks amounted to $1,265. NSF cheque: The bank charged a $165 fee for a bounced cheque from a customer deposited on September 15. A bank service charge is subtracted from the balance as per the bank statement. Cash receipts after banking hours: The cash receipts of $1,330 deposited on September 30 did not appear on the bank statement because they were deposited When determining the adjusted bank balance, these deposits must be added back in. The bank balance of $1,462 was increased by this amount. A bank service charge of $23 was deducted from the balance in the book.
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How are business plans used in health care? Check all that apply.
-identifying a consumer market
-establishing goals and objectives
-comparing prices of medical equipment
-calculating a company's cash flow
-figuring out the business's purpose
Answer:
identifying a consumer market
comparing prices of medical equipment
calculating a company's cash flow
Answer:
Establishing goals and objectives
Figuring out the business’s purpose
Explanation:
I got it correct ;)
Virtue ethics places great focus on which of the following
Answer:
character i think.
Explanation:
compute the profitability index for each investment proposal. (round your answers to 2 decimal places.) 2. rank the proposals in terms of preference.
For every dollar invested in Proposal A, we can expect a return of $1.10. Proposal B is the better investment proposal. It has a higher profitability index, which indicates that it will provide higher returns per dollar invested.
To compute the profitability index for each investment proposal, we need to follow these steps: Step 1: Calculate the present value of cash inflows To find the present value of cash inflows, we multiply the cash inflows for each year by their respective present value factors. Present value factor = 1 / (1 + discount rate)^n Where n = number of years and the discount rate = the required rate of return Year Cash Inflows Present Value Factor Present Value of Cash Inflows Proposal A Present Value Factor: Year 1: $50,000 × 0.9434 = $47,170Year 2: $75,000 × 0.8890 = $66,675Year 3: $60,000 × 0.8396 = $50,376Total present value of cash inflows for proposal A = $47,170 + $66,675 + $50,376 = $164,221Present Value Factor: Year 1: $80,000 × 0.9434 = $75,472Year 2: $50,000 × 0.8890 = $44,450Year 3: $40,000 × 0.8396 = $33,584Total present value of cash inflows for proposal B = $75,472 + $44,450 + $33,584 = $153,506Profitability Index: Profitability Index = Present Value of Cash Inflows / Initial Investment Proposal A: Profitability Index = $164,221 / $150,000 = 1.10Proposal B:Profitability Index = $153,506 / $125,000 = 1.23Ranking of Proposals: Proposal B has the higher profitability index of 1.23, which indicates that it is the better investment proposal. Therefore, Proposal B should be preferred over Proposal A. Profitability index is the ratio of the present value of future cash flows divided by the initial investment. It is a useful tool for investors to evaluate investments. The profitability index helps investors in identifying the investments that provide the highest returns per dollar invested. In this question, we have two investment proposals, A and B. We have computed the present value of cash inflows for each proposal and then calculated the profitability index for each proposal.Proposal A has a profitability index of 1.10, while Proposal B has a profitability index of 1.23. This means that for every dollar invested in Proposal B, we can expect a return of $1.23.
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Who reports to the board of directors
Answer:
brainly users report the questions and the brainly monitor selects the report questions and delete ones that they do not like
Explanation:
hope this helps you :)
Do you think business practices will become standardized across cultures as the global marketplace continues to flourish? Why or why not?
Answer:
Most likely yes
Explanation:
Business practices do depend on local cultures, but they are also very sensitive to standardization since business across the world have the base basic objective: to increase economic value, and this value is measurable.
As globalization advances, firms all over the world will seek the best financial, operative, and human resource practices in order to increase economic value, and this practices will be available to a global audience mainly in the form of quantitative data and strategies that can be adapted to any firm no matter where it is located.
Which of the following is not a key element of the Sarbanes Oxley Act to improve corporate governance?a) The establishment of the Public Company Accounting Oversight Boardb) Requiring a company’s annual report to contain an internal control report that includes management’s opinion on the effectiveness of internal controlc) Severe criminal penalties for retaliation against "whistleblowers"d) Requiring that the company’s performance reports are prepared in accordance with generally accepted accounting principles
Answer:
d) Requiring that the company's performance reports are prepared in accordance with generally accepted accounting principles
Explanation:
The Sarbanes Oxley Act of 2002 was formed to set new guidelines for public companies located in the United States. There are eleven sections contained in the act and three key ones mentioned in the options above include;
1. The establishment of the Public Company Accounting Oversight Board: This board was to be in charge of the registration of auditors, providing auditing services, and overseeing audit forms.
2. Requiring a company's annual report to contain an internal control report that includes management's opinion on the effectiveness of internal control: Financial reports produced by the companies were to have the certification of the managers and accounting officers of the reporting organizations.
3. Severe criminal penalties for retaliation against "whistleblowers": Severe penalties were to be applied on any who engaged in financial crimes, or even discriminated against whistleblowers.
Toy Town has a return on equity of 14 percent and its dividend payout ratio is 20 percent. What is the sustainable growth rate?
The sustainable growth rate can be calculated using the formula:
Sustainable Growth Rate = Return on Equity * (1 - Dividend Payout Ratio)
In this case, the return on equity is 14 percent and the dividend payout ratio is 20 percent.
Sustainable Growth Rate = 0.14 * (1 - 0.20)
Sustainable Growth Rate = 0.14 * 0.80
Sustainable Growth Rate = 0.112
Therefore, the sustainable growth rate for Toy Town is 11.2 percent.
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How can you say that Economics is a science of choice??
Answer:
Your answer is attached above
hope it helps
and I want to talk to you kavya sis
It's really important plzz dont ignore plzzz
Which of the following strategies is used in the following ad:
A. famous association
B. join the bandwagon
C. promotional deal
D. repetition
Answer:
a
Explanation:
What is a good practice before taking out a student loan?
A. Calculate the simple interest on the principal of the loan.
OB. Calculate the annual balloon payment to make sure you will be
able to afford it.
C. Calculate the total amount of compounded interest to see if you
are getting a good deal.
O D. Calculate the monthly payment to make sure you will be able to
afford it.
A typical good practice before taking out a student loan are:
calculate the annual balloon payment to make sure you will be able to afford it.calculate the monthly payment to make sure you will be able to afford it.What is a student loan?This is a kind of financial aid in form of money borrowed from the government or a private lender in order to pay for college.
The loan given to the student is expected to be paid back later with the interest that builds up over time and such money gotten are usually used for tuition, room and board, books or other fees.
Hence, the typical good practice before taking out a student loan are calculate the annual balloon payment to make sure you will be able to afford it and the monthly payment to make sure you will be able to afford it.
Therefore, the Option B & D is correct.
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Answer: Calculate the monthly payment to make sure you will be able to afford it
What option Rimilia provides to find all combination of transactions that make up the payment amount
The option provided by Rimilia to find all combinations of transactions that make up the payment amount is called "Auto-Matching".
What is Auto-Matching?Auto-Matching is a feature in Rimilia's accounts receivable automation software that matches incoming payments to open invoices using artificial intelligence and machine learning.
It can analyze thousands of transactions in seconds, matching each payment to one or more invoices, and identifying any discrepancies.
With Auto-Matching, Rimilia can identify which combination of invoices, credit notes, and debit notes make up a payment amount. It can also automatically apply cash, identify underpayments or overpayments, and manage disputes or exceptions.
This helps to streamline the accounts receivable process and improve cash flow management for businesses.
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The options are:
Cash
Debit cards
Mobile payments
Credit cards
internet banking
checks
auto matching
what is the only real way that the national debt has a chance to be significantly reduced over time, and what are some consequences of so acting to reduce the debt?
The only real way that the national debt has a chance to be significantly reduced over time is by implementing sound fiscal policies such as decreasing government spending, increasing taxes or a combination of both.
The consequences of reducing the debt can be both positive and negative.National debt refers to the total amount of money that the government owes to its creditors, which may include individuals, banks, or foreign governments. National debt is an accumulation of budget deficits over the years. Debt is different from the budget deficit, which refers to the shortfall between the government’s revenues and expenditures in a given fiscal year.
The only real way to significantly reduce the national debt over time is by implementing sound fiscal policies such as decreasing government spending, increasing taxes or a combination of both. If the government reduces spending and/or increases taxes, it will help to generate revenue that will help to repay the debt. Conversely, if the government does not take steps to reduce debt, it will continue to accumulate, and interest payments will continue to consume a significant portion of the budget.
By reducing debt, the government can free up resources to fund other programs and services that may have been neglected due to budget constraints. Consequences of reducing debt can be both positive and negative. One of the positive consequences is that reduced debt levels can increase investor confidence in the economy, leading to a higher demand for government bonds.
This could help to lower interest rates on borrowing, allowing businesses and individuals to invest and spend more money. However, reducing debt through spending cuts and/or tax increases can lead to economic slowdown, unemployment, and social unrest.
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If someone gets their health insurance through Medicaid, that means what
Answer:
that means they are poor (or have low income since medicare is for families who cant afford doctors)
hope this helps!
please follow if you can<3
Charity organisation has asked you to raise money for it by running a fete The organiser has given you a maximum amount to spend how would you plan the fete using a computer model and make a profit
Answer:
Charity fund should be handled with care as it is donor's money which should be handled with care. The amount of charity should be spent for the actual cause.
Explanation:
Charity fund is the money which should be handled with great care. The major fund of the charity should be attribute to the main cause and there should be proper record maintenance for every penny spent. The charity fund is the responsibility of the management and any donor can ask anytime about the money spent.
A company wants to market different types of shampoo using color-coded bottles, lids, and label print. It has four different colors of lids, five different colors of bottles, and two different colors of print for the label available. How many different types of shampoo can the company package? types
Answer: 40 types
Explanation:
From the question, we are informed that a company wants to market different types of shampoo using color-coded bottles, lids, and label print and that the company has four different colors of lids, five different colors of bottles, and two different colors of print for the label available.
To calculate the different types of shampoo that the company can package, we use the multiplication principle. This will be:
= 4 × 5 × 2
= 40 types
Is wanting to increase sales over the next year a good objective if (no/yes) write why
Answer:
Yes because some family's are not doing very good in money so they should be able to afford more items
But also no at the same time because if you have more sales more of your stuff will be out of stock.
Explanation:
Jason is an ancient history lover. He wants to share his knowledge on social media, but he does not think that video platform will work well since he cannot afford to travel to many of the places that have the ruins he wants to share information about. What would be the best social media platform to provide information show pictures of these places?
The best social media platform where Jason can share his knowledge and provide information and show pictures of these places is where common people and his friends near and all over can connect with him and can be friends with him on that networking site.
What is social media?Social media refers to the means of interactions among people in which they create, share, and/or exchange information and ideas in virtual communities and networks. We offer an array of tools, including one-on-one consults with schools, departments and offices looking to form or maintain an existing social media presence to discuss social media goals and strategy, as well as offer insights and ideas.
Before creating any social media account, we must submit the Account Request Form.
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Which of the following is an example of human resources planning?
A. An employee complains to his manager that he is being asked to
work too many hours.
B. An HR manager talks with department managers to determine
which workers are needed,
C. Two workers disagree with each other about the sufficiency of the
benefits the HR department offers,
D. A CEO talks with the HR manager about the value of the company
and decides that it needs to grow.
SUBMIT
Answer:
B. An HR manager talks with department managers to determine which workers are needed,
How can a diverse economy like the United States, satisfy the needs of its consumers?
Answer:
Supply and Demand
Explanation:
Which answer best defines employee benefits? Employee benefits are the total income you receive over your lifetime. Employee benefits include any education you acquire beyond high school. Employee benefits are benefits related to a specific trade. Employee benefits are nonsalary compensation granted by an employer.
Answer:
D. Employee benefits are nonsalary compensation granted by an employer.
Explanation:
Employee benefits are non-salary compensation granted by an employer such as health insurance, vacation, housing allowance, profit sharing, paid time off, bicycle allowance, sick leave, social security etc.
Generally, in addition to the monthly wages or salaries the workers are expected to receive, employee benefits are usually paid by an employer to employees working in an organization.
The main purpose of employee benefits is to motivate the employees to remain with an organization (worker retention) and to serve as a motivation for their good services. Also, employee benefits helps to enhance corporate loyalty and employee satisfaction within an organization or company.
Answer:
D
Explanation:
Consider a Bank of Canada $95 million open market purchase from the public:
Part 4: How much loans do all banks create together due to this Bank of Canada policy if all Banks have 12% desired reserve ratio and do not keep excess reserves, and the public keeps 13% of deposits in cash (currency)? Use three decimal places.
Part 5: How much does this Bank of Canada policy change the money supply if all Banks have 12% desired reserve ratio and do not keep excess reserves, and the public keeps 13% of deposits in cash (currency)? Use three decimal places.
Part 4: The $95 million open market purchase from the public by the Bank of Canada increases the reserves of the banking system by $95 million.
If all banks have a desired reserve ratio of 12%, then the total amount of loans that can be created is $859.090 million (calculated as 1/0.12 x $95 million). However, if the public keeps 13% of deposits in cash, then the effective reserve ratio for banks is 11%, which means that the total amount of loans that can be created is $863.636 million (calculated as 1/0.11 x $95 million). Therefore, all banks together can create $863.636 million in loans due to this Bank of Canada policy.
Part 5: The $95 million open market purchase from the public by the Bank of Canada increases the reserves of the banking system by $95 million. If all banks have a desired reserve ratio of 12%, then the initial money supply multiplier is 8.333 (calculated as 1/0.12). However, if the public keeps 13% of deposits in cash, then the effective reserve ratio for banks is 11%, which means that the effective money supply multiplier is 9.091 (calculated as 1/0.11). Therefore, the Bank of Canada policy changes the money supply by $863.636 million (calculated as $95 million x 9.091) due to the creation of new loans by all banks.
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i was wondering...
has anyone seen my wallet? I got 200 bucks in there I could give you more if you find it and give it to me. really need it for school
I doubt anyone here has seen your wallet. Check everywhere in your house and that you go frequently. Then look everywhere 19 more times... But do it like a list:
bedroombathroomkitchenetccheck 1-4 15 times, in that order.ECON QUESTION !!
What is the overall objective of a business raising financial capital?(1 point)
A) decrease operating costs and increase the number of investors
B) increase revenues and the number of investors
C) reducing financial obligations and increase revenue
D) grow and increase profit
chapter 5 test, banking and finance...if you have all the answers that would be greatly appreciated
The main goal is to increase shareholder value as much as possible.
Businesses frequently make decisions that include spending money now while planning to turn a profit later. Examples are when a business purchases a machine with a 10-year lifespan, constructs a new facility with a 30-year lifespan, or launches a research and development initiative. Four basic methods exist for businesses to obtain the funding they require to fund these initiatives: (1) early-stage investors; (2) profit reinvestment; (3) bank or bond borrowing; and (4) stock sales. Business owners decide how to pay for financial capital sources when they select those sources.
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please help me with this match the column if i get perfect answer then i will give brainliest
Answer:
what do you need help on
Explanation:
LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:
Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400
At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.
$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.
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