Use lean accounting to prepare journal entries for the following transactions.
1. Purchased $23,300 of raw materials on credit.
2. Applied conversion costs of $68,300.
3. Incurred actual conversion costs of $68,300. Hint: Credit "Various Accounts."
4. Sold $128,000 of goods on credit.
5. Recorded cost of goods sold of $98,000.

Answers

Answer 1

Sure, here are the journal entries for the following transactions using lean accounting:

Transaction 1: Purchased $23,300 of raw materials on credit.

Debit: Raw Materials Inventory $23,300

Credit: Accounts Payable $23,300

Transaction 2: Applied conversion costs of $68,300.

Debit: Conversion Costs $68,300

Credit: Work in Process Inventory $68,300

Transaction 3: Incurred actual conversion costs of $68,300.

Debit: Work in Process Inventory $68,300

Credit: Various Accounts $68,300

Transaction 4: Sold $128,000 of goods on credit.

Debit: Accounts Receivable $128,000

Credit: Sales Revenue $128,000

Transaction 5: Recorded cost of goods sold of $98,000.

Debit: Cost of Goods Sold $98,000

Credit: Work in Process Inventory $98,000

Note that:

In lean accounting, raw materials and conversion costs are not capitalized as assets. Instead, they are expensed as they are incurred.The cost of goods sold is calculated as the sum of the applied conversion costs and the actual conversion costs.The sales revenue is recognized when the goods are sold, even if the customer has not yet paid for them.

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Related Questions

What is improved oven? in your own words.

Answers

Answer:

improved oven means improved cooking

Why is the demand for dollars downward sloping (who is demanding the dollars)?

Answers

The demand for dollars is downward sloping due to the relationship between the price of dollars (exchange rate) and the quantity demanded. When the price of dollars decreases, the quantity demanded increases, and vice versa. There are three main groups demanding dollars: foreign consumers, investors, and central banks.


Foreign consumers demand dollars to purchase American goods and services. When the exchange rate is low, it becomes cheaper for them to buy US products, thus increasing the demand for dollars. Conversely, when the exchange rate is high, they may seek alternative goods and services from other countries, leading to a decrease in dollar demand.Investors also play a significant role in dollar demand. When US investments become more attractive due to favorable economic conditions or higher interest rates, foreign investors need to purchase dollars to invest in US assets. A lower exchange rate means they can acquire more dollars with their currency, leading to higher demand. On the other hand, when US investments are less attractive, they may move their investments to other countries, reducing the demand for dollars.Lastly, central banks demand dollars as part of their foreign exchange reserves. These institutions aim to maintain stability in the currency market and may buy or sell dollars to influence exchange rates. When the dollar's price is low, central banks may increase their dollar reserves, driving up demand. In contrast, they may sell dollars when the price is high, lowering demand.In summary, the demand for dollars is downward sloping due to the interaction of exchange rates with the quantity demanded by foreign consumers, investors, and central banks. Lower exchange rates encourage increased demand, while higher rates lead to decreased demand.

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why is training important

Answers

These reasons include:-

Increased job satisfaction and morale among employees.Increased employee motivation.Increased efficiencies in processes, resulting in financial gain.Increased capacity to adopt new technologies and methods.Increased innovation in strategies and products.Reduced employee turnover.

Which two of the following risks are typically identified during buyer due diligence in the first round?
I. Financial projections trajectory
II. Depth and nature of management team
III. Target company end markets
IV. Details of growth strategies

Answers

Buyer due diligence is a critical part of any successful acquisition. This process usually occurs in the early stages of a potential purchase when a buyer is considering acquiring a target company.

During the first round of buyer due diligence, two risks that are typically identified include financial projections trajectory and depth and nature of management team.

I. Financial projections trajectory The first thing buyers typically look at during due diligence is a target company’s financial projections. Financial projections give buyers an idea of what they can expect in terms of future revenue and earnings. The financial projections trajectory can be seen as the first risk identified by buyers in the first round.

II. Depth and nature of management team Another factor that is typically considered during buyer due diligence is the depth and nature of the target company's management team. A strong management team is essential for a target company's success after acquisition.

The management team should have a clear understanding of the business, its challenges, and opportunities for growth. The management team's capabilities are typically evaluated by assessing the experience and skills of key individuals, including the CEO, CFO, and other senior managers.

III. Target company end markets This is not typically identified as a risk during buyer due diligence in the first round.

However, it is still important to consider during the due diligence process. Buyers should examine a target company's end markets to determine if they align with their own business strategy and to understand the risks associated with those markets.

IV. Details of growth strategies Another factor that buyers typically look at during due diligence is the target company's growth strategy.

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Airlines have forged a number of complementary strategic alliances, in part because many airlines are not profitable. Some airlines participate in several alliances simultaneously. This tends to:

Answers

Airlines have forged a number of complementary strategic alliances, in part because many airlines are not profitable. Some airlines participate in several alliances simultaneously. This tends to make the partners' true loyalties and intentions unclear.

The 3 multidivisional systems which might be used to put into effect a diversification method are the aggressive shape, the strategic business unit form, and the incorporated form.

The shape helps the method. If an business enterprise changes its approach, it must change its shape to guide the brand new method. when it would not, the structure acts like a bungee twine and pulls the agency returned to its old strategy. The strategy follows the shape.

Corporation structure influences method implementation because it allows communique and facts go with the flow; controls allocation of the resources; assigns obligations and obligations; serves to outline jobs and paintings corporations such as mission teams, departments, exceptional circles and have an effect on generation and way of life.

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Content Area A $280,000 bond was redeemed at 98 when the carrying amount of the bond was $273,000. The entry to record the redemption would include a:
a.loss on bond redemption of $1,400.
b.gain on bond redemption of $1,400.
c.loss on bond redemption of $7,000.
d.gain on bond redemption of $7,000.

Answers

The entry to record the redemption would include  option A) loss on bond redemption of $1,400.

The calculation to the question is as follows:

The carrying amount of the bond is $273,000 which is less than the face value of the bond which is $280,000.

The bond has been redeemed at 98 which means that it has been redeemed at

$274,400 ($280,000*98%)

but the carrying amount of the bond is less than the redemption value and thus

there is a loss on bond redemption.

This loss is calculated as follows:

Redemption value $274,400

Carrying amount $273,000

Loss on bond redemption $1,400

Therefore, the entry to record the redemption would include a loss on bond redemption of $1,400. Option (a) is correct.

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If this market were highly competitive instead of a duopoly, the market price would be ________ and the quantity of movie tickets purchased would be ________

Answers

Answer:1/2 is 0

Explanation:

State, in brief, with reasoning, whether following statement is correct/incorrect: “One cannot be everything to everyone, but can be everything to a selected few”.

Answers

Answer:

Yes the statement is correct.

Explanation:

The statement is given by Matt Cheuvrant. In business the statement is absolutely correct that you can not satisfy the need of all the customers. A business cannot offer a product at less than its cost if a customer cannot afford it. Also an organization cannot start manufacturing a product because one customer demands it. If the company decides to satisfy all his customers by offering a large variety of products it may result in establishing in-house competition resulting in declining profits from both the products. If the company tries to give everything to every one this enhances its risk of failure resulting nothing in its own hands.

Businesses should focus on a single product and try to create a niche market. The product should be unique and its features should be extensively different from the other competitive products available in the market. This creates heavy switching cost to customers which ensures the business that customers will retain loyal to it. You can everything for few customers. They will not want to leave you because of your product specific features that are not available in the market.

What is the organizational structure for an supermarket?

Answers

Answer:

An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems,  A set of warehouse distribution centers, and An array of product suppliers under contract.

Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.

YOOO I NEED HELPPP I'LL GIVE YOU 30 POINTS

As you learned in Unit 3, when it comes to finding and obtaining a career, there are a variety of skills that employers look for. But, what skills are really the most important? And what specific steps do you need to take in order to give yourself the best chance of being hired for the position you want?

Depending on who you talk to (or what you read), you will likely get different answers to these questions. Of course, that can be confusing which is why, for this activity, you will be examining different perspectives on essential workplace skills and the steps you need to take to obtain the job you want. By comparing and contrasting differing perspectives, you will also become better able to identify whether conflicting perspectives are based on fact or interpretation.

Part I
For this part of the activity, you will be looking at two different author’s perspectives on workplace skills and creating a written response that analyzes, compares, and contrasts these viewpoints.

Browse through the text choices and select two to use for this activity.

Most Important Business Skills for Workplace Success
The Top Skills for the Modern Workplace
10 Workplace Skills That Will Help Our Learners Succeed Beyond School
Communication Skills for Workplace Success
Specifically, in your response you should:

Compare and contrast the two authors’ differing opinions regarding the steps needed to obtain your desired job and/or the most important workplace skills for success.
Identify where the two articles/texts provide conflicting views or information and analyze whether you believe the conflicting information is based on fact or interpretation.
Cite any inferences that you draw from either/both texts on workplace skills necessary for success.
Be sure to cite any textual evidence that supports your claims, inferences, or thoughts on these two texts.
Part 2
For the second part of this activity, write a brief response to the following situation:

You sit down to complete the above activity for Unit 3 when you realize your internet is down. You cannot access any of the required texts that you need to complete the activity and unfortunately, it is due tomorrow morning! You find yourself faced with a difficult decision—what do you do?

You could simply throw up your hands and do nothing, which will likely result in you receiving a zero for this assignment. But that doesn’t seem like the best choice. Instead, please come up with a healthier alternative choice that you could make.

Briefly describe your alternative choice and why it is a healthier and wiser option than simply doing nothing. Also, discuss other possible workplace situations where you may be required to choose between healthy and unhealthy alternatives when met with difficult decisions.

Answers

Answer:

im in 7th grade trying to help so heres my answer

Explanation:

Another possible work place is somewhere where there would be a healthier place other places may pay more but its not worth it after some time you'll have alot of money and health. A place you should work at is a place where youll be safe and health such as a well secured workplace for example a gardener for such people or maybe a selling homes person or artist seller or a dream job but always think of health and saftey and wear a mask and gloves to avoid germs.

TRUE/FALSE. other things held constant, an increase in the cost of capital discount rate will result in a decrease in a project's irr.

Answers

The statement "other things held constant, an increase in the cost of capital discount rate will result in a decrease in a project's irr" is TRUE.

The internal rate of return (IRR) is the discount rate at which the net present value (NPV) of a project becomes zero. In other words, it is the rate of return that makes the present value of cash inflows equal to the present value of cash outflows.

When the cost of capital discount rate increases, it means that the required rate of return for the project also increases. This higher discount rate makes it more difficult for the project's cash flows to meet or exceed the required rate of return. Consequently, the IRR of the project decreases.

To illustrate this, let's consider a hypothetical project with expected cash flows of $10,000 per year for five years. If the discount rate is 10%, the project's NPV might be positive, indicating a favorable investment opportunity. However, if the discount rate increases to 15%, the NPV may become negative, indicating that the project is no longer expected to generate returns higher than the required rate of return. Thus, the IRR of the project decreases as the discount rate increases.

In summary, an increase in the cost of capital discount rate leads to a decrease in a project's IRR, as it becomes more challenging for the project's cash flows to meet or surpass the higher required rate of return.

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What is the objective of the Joint Project Planning Session?
Question 5 options:
Produce a detailed Project Plan
Produce Conditions of Satisfaction
Produce a Project Overview Statement
Produce Stakeholder Agreements
Which of the following is NOT a situation requiring team operating rules?
Question 16 options:
Conflict resolution
Problem solving
Project Training
Decision making
Mr. John Smith has been appointed as manager of large installation project. In his new role, Mr. Smith is responsible for managing potentially 300 stakeholders. Which of the following would be the BEST course of action for him to take?
Question 25 options:
Gather the needs
Find an effective way to gather the needs of all stakeholders
Contact the CEO and ask which stakeholders are most important
Eliminate some stakeholders

Answers

Produce a Project Overview Statement. Project Training. Find an effective way to gather the needs of all stakeholders.

The objective of the Joint Project Planning Session is to produce a Project training. This statement provides a high-level overview of the project, including its goals, scope, deliverables, and key stakeholders. It serves as a concise summary that helps align the project team and stakeholders on the project's direction and objectives. Project Training is not a situation that requires team operating rules. Team operating rules are typically established to guide and regulate team activities in areas such as conflict resolution, problem solving, and decision making. Project training, on the other hand, focuses on equipping team members with the necessary skills and knowledge to effectively perform their roles and contribute to the project's success.

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In defining equality, which standard would acknowledge structural disadvantage and encourage the creation of government programs to address that disadvantage?.

Answers

Through the transfer of income and wealth throughout the economy, a government budget can aid in reducing income disparities. Government employs fiscal tools like taxation and subsidies to accomplish this goal.

How does the government combat inequality?

Redistribution. Inequalities in worker income can be reduced through redistributive measures. Income inequality in modern economies is decreased by more than one-third when direct taxes and transfers are combined. Redistribution is significantly less extensive in developing market economies, though.

What structural factor is the main cause of human inequality?

Institutions within an economy produce a system of privileges known as structural inequality. The law, commercial conduct, and governmental regulations are some of these organizations. Education, healthcare, and the media are also included. They are effective socializing forces that demonstrate to us what we are capable of in society.

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(b) Distinguish between assurance engagement and non-assurance
engagement.(10 marks

Answers

Assurance engagement and non-assurance engagement are two distinct types of professional services provided by auditors or accounting firms. Here are the key differences between the two:

Assurance Engagement:

An assurance engagement involves an independent and objective assessment of financial information or other subject matters to provide an opinion or conclusion. The purpose is to enhance the credibility and reliability of the information for users. Examples of assurance engagements include financial statement audits, reviews, and examinations of internal controls. The auditor applies professional judgment, evaluates evidence, and follows specific auditing standards to form an opinion or conclusion.

Non-Assurance Engagement:

Non-assurance engagements are professional services that do not involve expressing an opinion or conclusion on the reliability of financial information. These engagements are aimed at assisting clients in various areas such as accounting, taxation, consulting, and advisory services. Non-assurance engagements may include tax preparation, management consulting, bookkeeping, financial advisory, and other similar services. The focus is on providing advice, recommendations, and assistance to clients without providing an assurance opinion.

In summary, assurance engagements involve providing an opinion or conclusion on the reliability of information, while non-assurance engagements provide services without expressing such opinions.

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What are the 3 main production costs?

Answers

Materials, labor, and overhead are the three main areas of costs in the manufacturing industry. There are no indirect costs.

What is product cost:

Product costs are the direct costs incurred in producing a product. For illustration, a manufacturer's product costs might consist of:

Direct laborRaw materialsManufacturing supplies

The costs of the product would include any materials that a store gets from a supplier or any costs associated with bringing their goods to market. In other words, all expenses made during the acquisition

Because they are used to value the inventory, product expenses are frequently handled as inventory and are known as "inventoriable costs." When products are sold, the product costs are reflected in the costs of goods sold, which are shown in the income statement.

Since the amount spent will fluctuate in proportion to the quantity generated, production costs are typically included in a company's variable costs. The expenses of equipment and workspaces, on the other hand, are probably fixed elements of this and may appear under a heading for fixed costs or be reported as depreciation on a different accounting sheet.

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Since the U.S. government has decreed that U.S. currency is legal tender:Choose matching definitionhigh inflation because the graph shows an inflationary gap.money does not require satisfying a double coincidence of wants which reduces transactions times.people are more likely to accept the dollar as a medium of exchange.M2 stays the same, M1 increases, and the system becomes more liquid.Choose matching definition
high inflation because the graph shows an inflationary gap.
money does not require satisfying a double coincidence of wants which reduces transactions times.
people are more likely to accept the dollar as a medium of exchange.

Answers

High inflation because the graph shows an inflationary gap. Money's acceptability as a medium of exchange reduces transaction times by eliminating the double coincidence of wants.

"Legal tender" indicates that U.S. cash must be accepted for payment of obligations and taxes. High inflation occurs when the general price level grows fast, as indicated by an inflationary gap on a graph. Money makes transactions more efficient by removing the requirement for a double coincidence of wants.

Due to its widespread acceptance and official backing, the dollar is more likely to be accepted as a form of payment. M2, a measure of the money supply, stays constant while M1, a more specific measure, rises, increasing system liquidity.

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A ball of mass 1.5 kg is thrown upward. It leaves the thrower's hand with a velocity of 10 m/s. The following questions refer to the motion after the ball leaves the thrower's hand. Assume that the upward direction is positive. Please show me the work, I am lost, thank you
A. How long before the ball returns to the throwers hand?
B. What is final velocity of the ball just before it reaches the hand?
C. What is the change in momentum of the ball?
D. What is the impulse calculated from the change of momentum?
E. from the impulse, find the average force acting on the ball. What causes the force?
After the ball hits the thrower's hand it comes to a rest in .25 sec.
A. What is the net impulse exerted on the ball by the hand?
B. What is the average force exerted by the hand on the ball during the .25sec that the ball is being stopped?
C.What is the average force exerted by the ball on the hand during this time?

Answers

A. The ball takes approximately 1.02 seconds to return to the thrower's hand.

B. The final velocity of the ball just before reaching the hand is -10 m/s.

C. The change in momentum of the ball is -30 kg·m/s.

D. The impulse calculated from the change in momentum is -30 kg·m/s.

E. The average force acting on the ball is approximately -29.41 N, caused by gravity.

After hitting the thrower's hand:

A. The net impulse exerted on the ball by the hand is 15 kg·m/s.

B. The average force exerted by the hand on the ball during the 0.25 seconds is 60 N.

C. The average force exerted by the ball on the hand during this time is also 60 N, but in the opposite direction.

A. To find the time before the ball returns to the thrower's hand, we can use the equation of motion for vertical motion:

v = u + at

where:

v = final velocity (0 m/s when the ball reaches the thrower's hand)

u = initial velocity (10 m/s when the ball leaves the thrower's hand)

a = acceleration due to gravity (-9.8 m/s^2, considering the downward direction as negative)

t = time

Rearranging the equation, we have:

0 = 10 - 9.8t

Solving for t, we get:

t = 10/9.8 ≈ 1.02 seconds

Therefore, it takes approximately 1.02 seconds for the ball to return to the thrower's hand.

B. The final velocity of the ball just before it reaches the hand is the same as its initial velocity, but in the opposite direction. So the final velocity is -10 m/s.

C. The change in momentum of the ball is given by the equation:

Δp = m(v_f - v_i)

where:

Δp = change in momentum

m = mass of the ball (1.5 kg)

v_f = final velocity (-10 m/s)

v_i = initial velocity (10 m/s)

Δp = 1.5(-10 - 10) = -30 kg·m/s

The change in momentum is -30 kg·m/s.

D. The impulse is defined as the change in momentum. So the impulse calculated from the change in momentum is -30 kg·m/s.

E. To find the average force acting on the ball, we can use the equation:

Impulse = average force × time

Since we have the impulse (-30 kg·m/s) and the time (1.02 s), we can rearrange the equation to solve for the average force:

Average force = Impulse / time = -30 kg·m/s / 1.02 s ≈ -29.41 N

The negative sign indicates that the force is acting in the opposite direction to the motion of the ball. In this case, the force is due to gravity, which causes the ball to decelerate as it moves upward and accelerate as it moves downward.

After the ball hits the thrower's hand and comes to rest in 0.25 seconds:

A. The net impulse exerted on the ball by the hand is equal to the change in momentum. Since the ball comes to rest, the final velocity is 0, and the initial velocity is -10 m/s. Thus, the change in momentum is given by:

Δp = m(v_f - v_i) = 1.5(0 - (-10)) = 15 kg·m/s

Therefore, the net impulse exerted on the ball by the hand is 15 kg·m/s.

B. The average force exerted by the hand on the ball during the 0.25 seconds can be calculated using the formula:

Average force = Impulse / time = 15 kg·m/s / 0.25 s = 60 N

The average force exerted by the hand on the ball during the 0.25 seconds is 60 Newtons.

C. The average force exerted by the ball on the hand during this time is equal in magnitude but opposite in direction to the force exerted by the hand on the ball. Therefore, the average force exerted by the ball on the hand is also 60 Newtons, but in the opposite direction

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Note this question belongs to  the subject Physics.

Robertson Bathrooms Inc. (RBI) had 300,000 ordinary shares outstanding on January 1, 2023. Transactions throughout 2023 affecting its shareholdings follow. i (Click the icon to view the subsequent transactions.) Required a. What was RBI's weighted average number of ordinary shares outstanding in 2023? b. What was RBI's basic EPS in 2023? c. If the preferred shares issued on February 1, 2023, were non-cumulative, what would RBI's basic EPS for 2023 have been?. February 1: RBI issued 100,000, $80, cumulative 6% preferred shares. . March 1: RBI issued 30,000 ordinary shares. . April 1: RBI declared and issued an 8% stock dividend on the ordinary shares. . July 1: RBI repurchased and cancelled 25,000 ordinary shares. . October 1: RBI declared and issued a 2-for-1 stock split on the ordinary shares. . December 31: RBI declared and paid $331,400 in dividends on the ordinary shares. . RBI's net income for the year that ended December 31, 2023, was $1,800,000. Its tax rate was 40%.

Answers

RBI's weighted average number of ordinary shares outstanding in 2023 was calculated considering various transactions throughout the year. The basic EPS for 2023 was determined based on net income and weighted average shares. The impact of non-cumulative preferred shares on basic EPS was not considered.

a. To calculate RBI's weighted average number of ordinary shares outstanding in 2023, we need to consider the changes in shares throughout the year.

Starting shares: 300,000

February 1: Additional preferred shares issued - no impact on ordinary shares

March 1: Additional ordinary shares issued - 30,000

April 1: Stock dividend issued - no impact on the number of shares

July 1: Repurchased and cancelled ordinary shares - 25,000

October 1: Stock split - doubled the number of ordinary shares, so 300,000 * 2 = 600,000

December 31: No further changes to the number of shares

Weighted Average Shares = (Starting Shares * Days) + (Shares Issued * Days) / Total Days

Assuming 365 days in a year, the calculation would be:

[(300,000 * 31) + (30,000 * 274) + (600,000 * 92)] / 365 = X

b. To calculate RBI's basic EPS in 2023, we need to divide the net income by the weighted average number of ordinary shares outstanding.

EPS = Net Income / Weighted Average Shares

c. If the preferred shares issued on February 1, 2023, were non-cumulative, they would not impact the basic EPS calculation.

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In order to satisfy the needs and wants that people have, businesses must combine factors of production. The factors of
production are: Capital, Enterprise, Land, Labour.
Case Study:Freshz Coffee
Freshz Coffee has just opened in Dubai. FreshZ will need factors of production.
Give examples of the factors of production it will need and how they will be used.

Answers

Answer:

by utilizing the goods by their proper uses

what is the best job to make a hole lot of money

Answers

Answer:

drop shiping

Explanation:

it's the perfect job

What subjects are required to become a real estate agent?

Answers

Answer:

this is ans:

Explanation:

Before you can take the real estate license exam, you will take classes in subjects like real estate fundamentals, real estate law, and mortgage financing. You can take these courses at a community college, state college, or university to earn a certificate, an associate degree, or a bachelor's degree in real estate.

Shelly hired mostly high school and college students at her landscaping business. Although her company was earning a profit, it wasn't the success she envisioned. After talking with customers and potential customers, Shelly began to hire additional workers from different age groups and experience levels. Hiring workers with more experience enabled her to bid for more complicated projects and increased customers' confidence and satisfaction. This scenario illustrates the leadership concept of:

Answers

Answer:

Diversity promoter

Explanation:

Analyzing the scenario of the question above, it is correct to say that Shelly promoted diversity in the organization by hiring additional employees of different age groups and levels of experience, and thus managed to compete for more complicated projects and increased customer confidence and satisfaction.

The diversity in the organization promotes greater innovation, creativity and a culture more favorable to development, through the exchange of experiences, which benefits the internal and external environment, since there is greater identification of the problems related to each age group and greater satisfaction of the customers' needs. , which increases the company's positioning in the market and customer loyalty.

On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.

Answers

Complete Question:

On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720

Journalize the first interest payment and the amortization of the related bond discount using the Straight line method

Answer:

Kindly check Explanation

Explanation:

Given the following :

Face value of bond issued = $1,450,000

Cash received on Issuance = $1,408,720

Number of Interest payment on bond = 5 × 2 = 10(semiannual)

Therefore, discount on bond :

$(1,450,000 - 1,408,720) = $41,280

Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)

Discount / period

$41,280 / 10 = $4,128

Interest expense a/c Dr $40,378

To discount on bond payable a/c Cr $4128

To cash a/c $36,250

A semester consists of half the year (18 weeks) and is worth .5 (1/2)
credit. *

True
False


Answers

True got this right on my test

Increased customization in products and services generally requires _____ resources and effort.

Answers

Increased customization in products and services generally requires more resources and effort.

Customization requires a corporation to shift its marketing version from vendor-orientated to buyer-orientated. The goal is to assist clients higher becoming aware of what they want. Customization allows organizations to have the capacity to evolve personalization and one-to-one advertising projects for the digital advertising environment.

Mass customization in advertising refers to the motion of altering products or services to create custom studies for customers. Many industries use this approach, from retail corporations to software designers or monetary companies to modular home construction.

We have recognized four strategies for customization, which we name collaborative, adaptive, cosmetic, and transparent. While designing or remodeling a product, system, or business unit, managers must examine each of the procedures for possible insights into how nice to serve their customers.

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What are programs that give eligible citizens certain items for free or at a reduced cost called?
Responses

In-Kind Benefits

Social Security programs

Temporary Assistance for Needy Families

Cash Transfer programs

Answers

Answer:

The answer is going to be A.

science week1 qarter4 grade 8​

Answers

Answer:

Explanation:

444

to calculate your monthly lease payment on a three-year lease using the "residual value" of a $26,500 MSRP car, subtract the 48% residual value from the MSRP and divide the result by the number of agreed upon months. What is the approximate monthly payment on a three-year lease agreement?

Answers

Answer:

The approximate monthly payment is $383

Explanation:

Here, we want to calculate the approximate monthly payment on a 3-year lease agreement and we have been told what to do in the question.

Firstly, we start off by subtracting 48% residual value from the MSRP

48% of 26,500 = 48/100 * 26,500 = $12,720

We subtract this from $26,500

That will be $26,500 - $12,720 = $13,780

We have 3 years and that is 36 months

So the approximate monthly payment will be;

$13,780 / 36 = 382.7777777777778 which is approximately $383 to the nearest whole digit

What is the incremental variable cost for a firm to produce on additional unity of the good?

Answers

The incremental variable cost for a firm to produce one additional unit of a good is the increase in total variable cost that results from producing that additional unit.

Variable costs are costs that vary with the level of production, such as the cost of raw materials, labor, and energy.

For example, if a firm is currently producing 100 units of a good and has total variable costs of $10,000, and the incremental variable cost of producing one additional unit is $50, then the total variable cost of producing 101 units would be $10,050 ($10,000 + $50).

The incremental variable cost is important for firms to consider when making decisions about production levels, pricing, and profitability. If the incremental variable cost of producing an additional unit is less than the price the firm can charge for that unit, then producing that unit will increase the firm's profit. However, if the incremental variable cost is greater than the price the firm can charge, then producing that unit will decrease the firm's profit.

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Assume that the company needs 16,000 of the switches, which would be produced in two batches. Assume also that the company will still be operating within the relevant range. Of Safety decides to make the parts under these conditions, the total relevant costs will be

Answers

Assuming that the company needs to produce 16,000 switches in two batches and will still be operating within the relevant range, the total relevant costs will include both variable and fixed costs.

Variable costs will be incurred in the production of each switch, such as direct labor and materials. Fixed costs, on the other hand, will include overhead expenses that do not change regardless of the number of switches produced, such as rent and salaries.To calculate the total relevant costs, we need to add up the variable and fixed costs. The variable costs can be estimated by multiplying the cost per switch by the total number of switches produced. For example, if the cost per switch is $10, then the variable costs for producing 16,000 switches would be $160,000.


The fixed costs, on the other hand, can be estimated by dividing the total fixed costs by the total number of switches produced. For example, if the total fixed costs are $50,000 and 16,000 switches are produced, then the fixed costs per switch would be $3.125.To calculate the total relevant costs, we would add the variable costs and fixed costs together. In this example, the total relevant costs would be $163,125.

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