Following is information about consulting jobs for a company that is increasing in sales, but has not yet become profitable. The owner keeps financial records on yellow sticky notes stuck to the wall behind his desk. He has asked you to help him set up a costing system so that he can better understand his costs. The owner said that job 140 was completed, job 141 was started and completed, and job 142 was started this month. Professional labour hours for contracts in process consist of job 140 with 129 hours, job 141 with 258 hours, and job 142 with 137 hours. Professional labour was paid $23,580 for the month, and the professional employees are all paid the same rate per hour. Overhead is allocated using an estimated rate based on professional labour hours. The total cost for job 141 is $32,766. Actual overhead cost for the month was $53,448. What is labour paid per hour? Labour per hour. What is the estimated rate per labour hour used to allocate overhead? per hour. Overhead rate What are the total costs (before adjusting for overapplied or underapplied overhead) for Jobs 141, 142, and 143? Total cost Job 140 Job 141 Job 142 What are the amounts in cost of goods sold and work-in-process at the end of the month? Cost of goods sold Work-in-process What amount of overhead was overapplied or underapplied this month? Overhead If this month is typical, what is a reasonable overhead rate? Reasonable overhead rate per hour

The ways to improve their brand on a global level are:

Here are some potential strategies that Netflix, Apple, and Walmart could consider to improve their brand on a global level:

Netflix:

Apple:

Walmart:

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This is a set of questions about personal bargaining experiences, reflecting on why a negotiation may not have been successful and considering how to prepare for future negotiations, as well as the importance of considering national culture in global negotiations.

The first two questions ask the individual to describe a personal bargaining situation that didn't end up in their favor and to explain why they believe they lost the negotiation. The third question asks for ideas on how to prepare for future similar situations. The fourth question is about the importance of considering national culture in global negotiations.

These questions are meant to elicit reflections on personal negotiation experiences and provide an opportunity for individuals to consider the factors that influence successful bargaining outcomes. Understanding the importance of cross-cultural communication can be a key factor in achieving favorable negotiation results in global business settings.

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Answer:

sample mean = 2.63 inches

sample standard deviation = \frac{standard \hspace{0.15cm} deviation}{\sqrt{n} } = \frac{0.03}{\sqrt{9} } = \frac{0.03}{3} = 0.01

n

standarddeviation

=

9

0.03

=

3

0.03

=0.01

b) P(X < 2.61) = 0.0228

c.) P(2.62 < X < 2.64) = 0.6827

d.) Therefore 0.06 = P(2.6292 < X < 2.6307)

Step-by-step explanation:

i) the diameter of a brand of tennis balls is approximately normally distributed.

ii) mean = 2.63 inches

iii) standard deviation = 0.03 inches

iv) random sample of 9 tennis balls

v) sample mean = 2.63 inches

vi) sample standard deviation = \frac{standard \hspace{0.15cm} deviation}{\sqrt{n} } = \frac{0.03}{\sqrt{9} } = \frac{0.03}{3} = 0.01

n

standarddeviation

=

9

0.03

=

3

0.03

=0.01

vii) the sample mean is less than 2.61 inches = P(X < 2.61) = 0.0228

viii)the probability that the sample mean is between 2.62 and 2.64 inches

P(2.62 < X < 2.64) = 0.6827

ix) The probability is 6-% that the sample mean will be between what two values symmetrically distributed around the population measure

Therefore 0.06 = P(2.6292 < X < 2.6307)

Answer: 156000

Explanation:

The average inventory during the current year would be calculated as follows:

Inventory Turnover Ratio = Cost of goods sold / average inventory

where,

Inventory turnover = 8

Cost of goods sold = $208,000 × 6 = $1,248,000

Average inventory = Unknown

Therefore, 8 = 1248000 / Average inventory

Average inventory = 1248000 / 8

Average inventory = 156,000

.According to the "real-balances effect," if prices decline, the purchasing power of assets will rise, so spending at each income level should rise.

The real-balance effect is considered as one of the  three basic effects which  indicate why aggregate expenditures are inversely related to the price level.

The real-balance effect will work like this: A higher price level always decreases the purchasing power of the money which results in a decrease in consumption expenditures or investment expenditures or government purchases and net exports.

A lower price level will also have the opposite affect which will cause an increase in the purchasing power of money that results in an increase in consumption expenditures, investment expenditures, government purchases, and net exports.

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Answer:

OMG

1. The estimated tender bid for the project is $96,000.

2. The estimated profit on the project is $42,000.

3. Managers at OMG use this information to compare the actual costs incurred with the estimated costs.  This enables them to determine if they can still achieve the same level of estimated profit, control the project's costs, and to benchmark future projects.

Explanation:

a) Data and Calculations:

Markup of total professional (engineering and scientist) labor costs = 80%

Markup of other costs = 50%

Estimated direct costs:

Input Costs Civil engineers 150 hours   $25 000

Environmental scientists 100 hours          15 000

Support labour 120 hours                          10 000

Total direct labor costs                           $50,000

80% markup                                              40,000

Total direct costs                                    $90,000

Other costs:

Travel 1 000 km                    $1 000

Computer time 80 hours       2 500

Photocopying, phone, fax        500

Total other costs                 $4,000

50% markup                          2,000         $6,000

Total bid costs                                        $96,000

Estimated project profit:

80% markup on direct labor costs          40,000

50% markup on other costs                      2,000

Total estimated project profit               $42,000

Answer:

One person's benefit from the good does not reduce the benefit available to other people.

Explanation:

A good is not depletable if one person's benefit from the good does not reduce the benefit available to other people.

The issues relating to contracts include:

A contract is an agreement between two or more parties that's legally binding and mentions the terms and conditions of their collective obligations.

When a contract is breached, it means that one of the parties fails to fulfill Its duty under the agreement. And the non-breaching party may be entitled to damages.

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Answer: A. reducing the number of people eligible for Medicare and Medicaid by half

E. raising the age to receive Social Security to 75

Explanation: That’s correct! By raising the age to receive Social Security to 75 and reducing the number of people eligible for Medicare and Medicaid by half, the government would dramatically and permanently reduce its outlays because these are mandatory payments.

The policy that can be followed so that the government outlays can be reduced permanently is A:  reducing the cost-of-living increase for Social Security recipients.

Therefore, option A is correct.

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Answer:

Follows are the solution to the given question:

Explanation:

Please find the complete question in the attachment file.

Market capitalization at 30 June:  \(120000 = 95000+25000\)

Dividends payable on 10 July: \(120000\)

Actions omitted by 31 December: \(122000 = 95000+25000+2000\)

X Stock Dividends 1.2

Dividend payments payable on 31  December: \(146400\)

Total value is given: \(266400 =120000+146400\)

Answer:

c.$186 million

Explanation:

Calculation to determine what the inventory account for cast is

Using this formula

Inventory account for cast =Sales - Gross profit/Inventory turnover ratio cast

Where,

Sales=$1,200 million

Gross profit=$270 million

Inventory turnover ratio cast =5x

Let x be the inventory account for cast

Let plug in the formula

5x=$1,200 million-$270 million

5x=$930 million

x=$930 million/5

x=$186 million

Therefore the inventory account for cast is $186 million

The data based on the given question is given below:

a) i) One year 6.75% =(1000/936.78)-1

Yield to maturity (YTM) is the overall rate of return that a bond will have earned once all interest payments are made and the principal is repaid.

In essence, YTM represents the internal rate of return (IRR) on a bond if held to maturity.

The other answers to the given questions are:

ii) Two years 3.89% =(1000/926.47)^(1/2)-1

iii) Three years 6.36% =(1000/831.12)^(1/3)-1

iv) Four years 6.49% =(1000/777.49)^(1/4)-1

b) i)Second year 1.11% =(1+3.89%)^2/(1+6.75%)-1

ii) Third year 11.48% =(1+6.36%)^3/(1+3.89%)^2-1

iii) Fourth year 6.88% =(1+6.49%)^4/(1+6.36%)^3-1

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The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.

Distribution channel serves as the means by which companies make their products to be available to final consumer.

This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.

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Despite the suspension of normal operations and the potential $1,000,000 gift from a wealthy local philanthropist, there is still an argument to support that Feed the Hungry Children, the not-for-profit tax-exempt entity, remains a public charity.

1. Review the requirements for a public charity: According to IRC Sec. 501(c)3, a public charity must receive a substantial part of its support from public contributions and grants and be organized and operated for charitable purposes.

2. Examine the mission and purpose: Feed the Hungry Children's mission is to provide healthy breakfast meals to children in inner city schools, with the aim of helping them learn better. This aligns with a charitable purpose focused on improving the well-being of children and promoting education.

3. Consider the organization's history: Feed the Hungry Children has been in operation for six years, consistently providing healthy breakfast meals to children in need. Its long-standing commitment to charitable activities demonstrates a track record of serving the public interest.

4. Evaluate the potential gift: The $1,000,000 gift from the local philanthropist, although substantial, does not automatically change the organization's status from a public charity to a private foundation. The organization's eligibility is determined by its overall sources of support, not a single donation. If the gift does not significantly alter the public support test, Feed the Hungry Children can still maintain its public charity status.

5. Analyze the Form 990, Schedule A: The treasurer of the Board is preparing the Schedule A for the Form 990, which provides information about the organization's public support and support schedule. By reviewing this form, it will be possible to determine whether the organization's public charity status has changed or if it still meets the required criteria.

6. Document the argument: Compile the findings from the review, emphasizing the organization's charitable purpose, its history of serving the public, and the evaluation of the potential gift's impact on public support. Present these points in a well-structured and persuasive argument to support the conclusion that Feed the Hungry Children remains a public charity.

It is important to consult with legal or tax professionals for accurate and specific advice in interpreting tax laws and regulations related to the organization's status.

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1.1.1 One leakage in an economy is saving. The saving sector is involved in the leakage as individuals and businesses save a portion of their income rather than spending it on consumption or investment. Saving represents the portion of income that is not immediately injected back into the economy and can lead to a decrease in aggregate demand.

1.1.2 The 45° line in the graph represents the equilibrium level of output or income in an economy. It shows the points where aggregate spending (aggregate demand) is equal to aggregate production (aggregate supply). The line represents the condition where spending equals production, indicating a state of macroeconomic equilibrium.

1.1.3 Autonomous consumption refers to the level of consumption expenditure that occurs even when income is zero or negative. It represents the minimum level of consumption that individuals and households maintain regardless of their income. Autonomous consumption is usually influenced by factors such as basic needs, fixed expenses, or borrowing. It plays a crucial role in determining the level of aggregate demand in an economy.

1.1.4 A decrease in consumer spending has a negative impact on the size of the multiplier. The multiplier refers to the amplification effect that occurs when an initial change in spending or investment leads to a larger overall change in the economy. When consumer spending decreases, it leads to a decrease in aggregate demand, which in turn reduces the level of output and income. As a result, the multiplier effect is dampened, and the overall impact on the economy becomes smaller.

1.2 Calculating national income is important for a country for several reasons:

- It provides policymakers and economists with crucial information about the overall health and performance of the economy.

- National income data helps in formulating economic policies and making informed decisions related to fiscal and monetary policies.

- It allows for the comparison of economic performance across different countries and over time, providing insights into economic growth and development.

- National income calculations help in identifying income distribution patterns and inequalities within a country.

- It serves as a basis for calculating various economic indicators, such as GDP per capita, which are used to assess the standard of living and well-being of the population.

1.1.5 To calculate the multiplier when individual spending on consumption is 60%, we can use the formula:

Multiplier = 1 / (1 - Marginal Propensity to Consume)

Given that the individual spending on consumption is 60% or 0.6, the Marginal Propensity to Consume (MPC) would be 0.6. Substituting this value into the formula:

Multiplier = 1 / (1 - 0.6)

Multiplier = 1 / 0.4

Multiplier = 2.5

Therefore, the multiplier in this case would be 2.5.

Some general statistics and information about the writing industry in the United States that you may find helpful.

These trends in the writing industry have significant implications for both individual writers and the communities they belong to. The rise of self-publishing and e-books has made it easier for writers to get their work out into the world, but has also created a more crowded and competitive market. The slow growth rate of the industry suggests that it may be challenging for new writers to break in and make a living solely from writing.

Therefore, To illustrate these trends, you could include photos of some of the top tourist destinations in the United States, such as New York City, San Francisco, or Washington D.C., along with captions that tie in to the writing industry. For example, a photo of the Empire State Building with a caption that reads, "New York City is home to many of the world's top publishers and literary agents, but breaking into the industry can be a challenge for new writers."

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Answer:

Functional managers are accountable to manage people with specific skills and different resources within a department or section to meet functional objectives as well as corporate objectives. ... Sometimes, both functional managers and project managers have to work together to share resources and experience.

Explanation:function manager

Up until the marginal product of labour (MPP) reaches zero, which is the point of diminishing marginal returns, a company should employ unpaid interns. Still, productivity must be taken into account.

Explicit costs are expenses incurred directly by a company, such as payments for goods, rent, or labour and salaries. The opportunity cost of resources that the company already owns and uses for business purposes are implicit costs.

The loss of interest revenue on money and the depreciation of equipment for a capital project are two examples of implicit costs. Intangible expenses that are more difficult to quantify for include the time an owner devotes to maintenance.

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A random variable x is a numerical outcome of a probability experiment. There is a numerical value which is determined by chance for each outcome in the procedure or experiment. Therefore, a random variable is used for describing outcomes using numerical values.

x = time in minutes

1. The value of the stock account after Year 2 is $155,401.626.

2. The value of the stock account after Year 8 is $96,110.0674.

3. The value of the stock account after Year 11 is $96,110.0674.

4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.

Bond interest rate: 5%

Stock dividend yield: 3.7% (10% less than S&P 500 average yield)

Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)

We'll assume an initial investment of $100,000.

Year 1:

Bond interest income: $100,000 * 0.05 = $5,000

Stock dividend income: $100,000 * 0.037 = $3,700

Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370

1. Year 2:

Bond interest income: $100,000 * 0.05 = $5,000

Stock dividend income: $100,000 * 0.037 = $3,700

Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626

2. Year 8:

Bond interest income: $100,000 * 0.05 = $5,000

Stock dividend income: $100,000 * 0.037 = $3,700

Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674

3. Year 11:

Bond interest income: $100,000 * 0.05 = $5,000

Stock dividend income: $100,000 * 0.037 = $3,700

Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674

4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.

Stock dividend income: $100,000 * 0.037 = $3,700

Bond interest income: $100,000 * 0.05 = $5,000

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Answer:

The more people that retire, the more it increased.

Explanation:

Typically when people retire, they get their taxes filed. The percentage of the 65+ age group who have their taxes filed increases the more people who retire, then typically use tax filers.

Answer: The percentage of tax filers has most dramatically increased for the 65+ age group because

more people in the 65+ community are retiring and so, they are getting their taxes filed.

Good luck!

The answer is median and mode

How to Find the mean and median

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Method of conflict resolution does the situation reflect compromise. Thus, option E is correct.

Professionals in many work fields might benefit from knowing how to resolve conflicts. Simply defined, interpersonal conflict can happen in almost any situation, including field employment and office occupations.

Conflict resolution teaches people vital skills that improve well-being and productivity, such as how to handle interpersonal conflict, reconcile emotions, and come to an understanding.

Understanding how to resolve conflicts involves more than just one strategy, such as knowing the distinctions between mediation and arbitration. This sophisticated skill set may result in a lucrative job. It involves more than just handling challenging conversations. Continue reading to find out what conflict resolution is and why it's crucial.

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The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.

This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.

Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.

The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.

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A company's product mix refers to all of the many product lines and unique products or services that it provides. Product portfolio or product assortment are other names for the same thing. Different firms have different product combinations.

A product line is a collection of connected goods sold by the same business and marketed under a single brand name. Businesses market many product lines under their various brand names in an effort to set them apart from one another for easier customer use.

Product lines are used by businesses to broaden their audience and draw in additional customers. To entice current consumers to make more purchases, they broaden their product offerings. The usage of product lines by marketers

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Answer:

C. Cooked hot dogs at a sporting event

Explanation:

Capital goods are tangible assets that businesses use to produce goods and services for sale. Capital goods are not meant for sale but are used to make products that will be sold to generate revenue. Capital goods have a useful life exceeding one year and include buildings, equipment, motor vehicles, and tools.

From the list provided, Cooked hot dogs at a sporting event are not capital goods. All the other items are capital goods. They do not get consumed in the production process.

Answer:

Is it account? or business?

Explanation:

Is it account or business??

Answer:

The depreciation expense for year 1 is $54,000, for year 2 is $144,000, and for year 3 is $108,000.

Explanation:

To calculate the depreciation expense using the units-of-production method, we need to determine the depreciation rate per machine hour.

Step 1: Calculate the depreciable cost.

Depreciable cost = Cost of the machine - Residual value

Depreciable cost = $400,000 - $40,000

Depreciable cost = $360,000

Step 2: Calculate the depreciation rate per machine hour.

Depreciation rate per machine hour = Depreciable cost / Estimated machine hours of useful life

Depreciation rate per machine hour = $360,000 / 20,000 machine hours

Depreciation rate per machine hour = $18

Step 3: Calculate the depreciation expense for each year.

Year 1: 3,000 machine hours

Depreciation expense = Depreciation rate per machine hour * Hours in year 1

Depreciation expense = $18 * 3,000

Depreciation expense = $54,000

Year 2: 8,000 machine hours

Depreciation expense = Depreciation rate per machine hour * Hours in year 2

Depreciation expense = $18 * 8,000

Depreciation expense = $144,000

Year 3: 6,000 machine hours

Depreciation expense = Depreciation rate per machine hour * Hours in year 3

Depreciation expense = $18 * 6,000

Depreciation expense = $108,000

Therefore, the depreciation expense for year 1 is $54,000, for year 2 is $144,000, and for year 3 is $108,000.

Hope this helps!