Lind Manufacturing had the following account balances as of January 1. Direct Materials Inventory $ 8,700 Work in Process Inventory 76,500
Finished Goods Inventory 53,000 Manufacturing Overhead 0 During the month of January, all of the following occurred. 1. Direct labor costs were $46,000 for 1,800 hours worked. s 2. Direct materials costing $29,000 and indirect materials costing $4,800 were purchased. 3. Sales commissions of $15,500 were earned by the sales force. 4. Direct materials of $25,000 were used in production. 5. Miscellaneous selling and administrative costs of $6,300 were incurred. 6. Factory supervisors earned salaries of $12,706. 7. Other Indirect labor costs for the month were $3,000.
8. Monthly depreciation on factory equipment was $4,500. 9. Monthly utilities expenses of $6,947 were incurred in the factory. 10. Completed units with manufacturing costs of $69,000 were transferred to finished goods. 11. Monthly insurance costs for the factory were $4,200. 12. Monthly property taxes on the factory of $5,000 were incurred and paid. 13. Units with manufacturing costs of $90,883 were sold for $165,241.
Required: a. If Lind assigns manufacturing overhead of $34,400, what will be the balances in the Direct Materials, Work in Process, and Finished Goods Inventory accounts at the end of January? b. As of January 31, what will be the balance in the Manufacturing Overhead account? c. What was Lind's operating income for January?
1. Direct labor costs were $46,000 for 1,800 hours worked.
2. Direct materials costing $29,000 and indirect materials costing $4,800 were purchased. 3. Sales commissions of $15,500 were earned by the sales force. 4. Direct materials of $25,000 were used in production. 5. Miscellaneous selling and administrative costs of $6,300 were incurred. 6. Factory supervisors earned salaries of $12,706. 7. Other Indirect labor costs for the month were $3,000. 8. Monthly depreciation on factory equipment was $4,500. 9. Monthly utilities expenses of $6,947 were incurred in the factory. 10. Completed units with manufacturing costs of $69,000 were transferred to finished goods. 11. Monthly insurance costs for the factory were $4,200. 12. Monthly property taxes on the factory of $5,000 were incurred and paid. 13. Units with manufacturing costs of $90,883 were sold for $165,241.
Required: a. If Lind assigns manufacturing overhead of $34,400, what will be balances in the Direct Materials, Work in Process, and Finished.
Goods Inventory accounts at the end of January? b. As of January 31, what will be the balance in the Manufacturing Overhead account? c. What was Lind's operating income for January? a. Direct materials inventory $ 12,700 Work in process inventory $ 112,900
Finished goods inventory $ 31,117 b. Manufacturing overhead $ 1,953 c. Operating income $ 52,558
Answers
a. If Lind assigns manufacturing overhead of $34,400, the balances in the Direct Materials, Work in Process, and Finished Goods Inventory accounts at the end of January will be $12,700, $112,900, and $31,117, respectively.
b. As of January 31, the balance in the Manufacturing Overhead account will be $1,953.
c. Lind's operating income for January was $52,558.
How to explain thisDirect Materials Inventory: The beginning balance in the Direct Materials Inventory account is $8,700. Direct materials costing $29,000 were purchased during the month, and direct materials of $25,000 were used in production. This leaves a ending balance of $12,700 in the Direct Materials Inventory account.
Work in Process Inventory: The beginning balance in the Work in Process Inventory account is $76,500. Direct labor costs of $46,000 and manufacturing overhead of $34,400 were added to Work in Process during the month. However, only $69,000 of work was completed and transferred to Finished Goods. This leaves a ending balance of $112,900 in the Work in Process Inventory account.
Finished Goods Inventory: The beginning balance in the Finished Goods Inventory account is $53,000. The cost of goods completed and transferred to Finished Goods during the month was $69,000. However, only $90,883 of finished goods were sold. This leaves a ending balance of $31,117 in the Finished Goods Inventory account.
Manufacturing Overhead: The Manufacturing Overhead account had a beginning balance of $0. During the month, manufacturing overhead costs of $34,400 were incurred. However, only $32,447 of manufacturing overhead was applied to Work in Process. This leaves a ending balance of $1,953 in the Manufacturing Overhead account.
Operating Income: Operating income is calculated by subtracting the cost of goods sold from sales revenue. In this case, sales revenue was $165,241 and the cost of goods sold was $90,883. This results in operating income of $52,558.
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Related Questions
In the Basic 4 Block SWOT (Strengths, Weaknesses, Opportunities, and Threats) which of these is considered to be a weakness? (A) Decreased customer esteem (B) Competitor technology (C) Limited history with manufacturing a particular technology (D) Declining market
Answers
In the Basic 4 Block SWOT (Strengths, Weaknesses, Opportunities, and Threats), a) decreased customer esteem is considered to be a weakness.
What is SWOT analysis?SWOT analysis is a planning tool that businesses use to identify their strengths, weaknesses, opportunities, and threats. By examining these elements, companies can determine the most effective approaches to achieve their objectives. SWOT analysis helps businesses to align their goals and strategies with their internal and external environments.
In the Basic 4 Block SWOT, decreased customer esteem is considered to be a weakness. Therefore, option (A) is correct. A weakness is any aspect of a company that hinders its ability to achieve its goals. In this situation, decreased customer esteem could lead to a decline in revenue and an increase in customer attrition.
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Jamal and keisha are considering entering into an agreement to trade tasks. how can specialization of labor benefit jamal and keisha? check all that apply. jamal can specialize in washing cars, because he has the comparative advantage. keisha can specialize in washing cars, because she has the comparative advantage. specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days. specialization allows them to collectively mow 12 more lawns and wash 27 more cars every three days. specialization allows them to earn more money.
Answers
The ways in which specialization of labor can benefit them would be: Keisha can specialize in washing cars because she has a comparative advantage.
What is Specialization of Labor?Specialization of Labor is a division of labor that involves breaking down activities into a simpler set of tasks so that each participant participates hand in hand and no individual is being overworked, and to promote efficiency.
From the given information, the correct options are:
Keisha can specialize in washing cars because she has a comparative advantage.Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.Specialization allows them to earn more money.Learn more about specialization here:
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Answer:
B C E
Explanation:
Help plz
What is persuassive writing?
Answers
Answer: something to like negotiate someone to do something and give good reasoning
Explanation: for example, someone would want to dye their hair and they would write a letter to their mom saying why their mom should let them dye their hair
Select the correct answer.
Kelly paid salary to her employees at the end of the month. What will be the journal entry for the given financial transaction?
A. Employee Account - Debit
Employee Account - Debit
B.
C. Salary Account - Debit
D. Salary Account - Debit
Cash Account - Credit
Kelly Account - Credit
Cash Account - Credit
Kelly Account - Credit
Reset
Next
Answers
Answer:
Explanation
Answer will be
C
Salary Account Debit
Cash Account Credit
there are two key dimensions of organizational structure that are relevant for innovation. what are these two dimensions and how can they influence innovativeness in a business? explain clearly and provide some examples (250 words).
Answers
Answer:
The two key dimensions of organizational structure that are relevant for innovation are formalization and centralization.
Formalization refers to the extent to which an organization's processes, procedures, and rules are standardized and explicitly documented. Centralization, on the other hand, refers to the degree to which decision-making authority is concentrated at the top of the organizational hierarchy, rather than distributed throughout the organization.
Formalization can influence innovativeness in a business in several ways. On one hand, highly formalized organizations may have well-established processes and procedures that make it difficult to deviate from the status quo and pursue innovative ideas. However, formalization can also provide a framework for innovation by creating clear guidelines for experimentation and providing a structured approach to the development of new products or services. For example, a pharmaceutical company that follows strict protocols for testing new drugs may have a greater likelihood of successfully bringing a new product to market.
Centralization can also have an impact on innovativeness in a business. In highly centralized organizations, decision-making authority is concentrated at the top of the hierarchy, which may make it difficult for employees at lower levels to propose and implement innovative ideas. However, centralization can also provide a clear direction for innovation and facilitate the allocation of resources toward new initiatives. For example, a technology company that is highly centralized may be better able to focus its resources on a particular area of innovation, such as artificial intelligence.
In general, a balance between formalization and centralization may be ideal for promoting innovativeness in a business. By providing a structured approach to innovation while also empowering employees at all levels to propose and implement new ideas, organizations can create an environment that fosters creativity and experimentation while also maintaining a clear direction for the future.
16. I want to start my own business and had to borrow $7,000 from the bank. The bank charges a 6% interest rate on the loan. The interest will be compounded once a year. I determined it will take me 2 years to pay off the loan. What is the total amount I will have to pay back to the bank?
Answers
It is given that a loan of $7000 is borrowed from the bank with 6% of Interest Rate for 2 years.
Now, the total payback to the bank can be calculated by:
\(A=P(1+\frac{r}{n})^{nt}\)
where A = amount to be paid,
P = loan amount,
r = interest rate,
n = number of compounding periods
t = time
Putting the given values in the equation, we get
\(A=7000(1+\frac{0.06}{1})^{1*2}\)
\(A=7000(1.06)^{2}\)
\(A=7000(1.12)\)
A = $7840
Therefore, the total amount that will have to payback to the bank is $7840.
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Donald is a small business entrepreneur. He likes to give his employees more freedom to perform their work. He allows his employees to
progress through their experiences. Which habit does Donald demonstrate as an entrepreneur?
OA communication
OB. dominance
OC. delegation
OD. superiority
Answers
The habit does Donald demonstrate as an entrepreneur is Delegation.
Due to the fact that tasks can be divided and completed more quickly by using multiple people, delegation is very effective. However, for it to function, the individuals who have been delegated must fully comprehend their intended roles.Giving a task to another employee demonstrates your confidence in both yourself and that person's ability, responsibility, and respect for deadlines and priorities.Many directors assign their managers operational duties and departmental concerns. As an illustration, the administrative director may assign tasks to the human resources, supply, sales, and financial departments, among others.When we report all of the expectations for the person receiving the task, delegation works better.Thus Donald demonstrate the habit of Delegation.
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The habit does Donald demonstrate as an entrepreneur is Delegation.
Due to the fact that tasks can be divided and completed more quickly by using multiple people, delegation is very effective. However, for it to function, the individuals who have been delegated must fully comprehend their intended roles.
Giving a task to another employee demonstrates your confidence in both yourself and that person's ability, responsibility, and respect for deadlines and priorities.
Many directors assign their managers operational duties and departmental concerns. As an illustration, the administrative director may assign tasks to the human resources, supply, sales, and financial departments, among others.
When we report all of the expectations for the person receiving the task, delegation works better.
Thus Donald demonstrate the habit of Delegation.
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closing case in 1998, self-described snowboarder and surfer dude chip wilson took his first yoga class. the vancouver native loved the exercises but hated do- ing them in the cotton clothing that was standard yoga wear at the time. for wilson, who had worked in the sportswear business and had a passion for technical athletic fabrics, wearing cotton clothes to do sweaty, stretchy, power yoga exercises seemed inappropriate. thus, the idea for lululemon was born. wilson’s vision was to create high-quality, styl- ishly designed clothing for yoga and related sports activities using the very best technical fabrics. he built a design team, but outsourced manufacturing to low-cost producers in south east asia. rather than selling clothing through existing retailers, wilson elected to open his own stores. the idea was to staff the stores with employees who were them- selves passionate about exercise, and who could act as ambassadors for healthy living through yoga and related sports such as running and cycling. the first store, opened in vancouver, canada, in 2000, quickly became a runaway success, and other stores followed. in 2007, the company went public, using the capital raised to accelerate its expansion plans. by late 2017, lululemon had over 380 stores, mostly in north america, and sales in excess of $2.34 billion. sales per square foot were estimated to be around $1,560—more than four times that of an average specialty retailer. lululemon’s financial performance was stellar. between 2008 and 2017, average return on invested capital–an important measure of profitability–was around 31%, far out- pacing that of other well-known specialty retailers, while earnings per share grew tenfold. how did lululemon achieve this? it started with a focus on an unmet consumer need: the la- tent desire among yoga enthusiasts for high-quality, stylish, technical athletic wear. getting the product offering right was a central part of the company’s strategy. an equally important part of the strat- egy was to stock a limited supp
Answers
Lululemon achieved its success by identifying and meeting the unmet need for high-quality, stylish, technical athletic wear for yoga enthusiasts.
They focused on product excellence and stocked limited supplies, creating a sense of exclusivity and driving demand. Lululemon's success can be attributed to several key factors. Firstly, founder Chip Wilson identified a gap in the market and developed a unique product offering that catered specifically to the needs and desires of yoga practitioners. By combining technical fabrics with stylish designs, Lululemon differentiated itself from traditional cotton-based yoga wear. Secondly, the company adopted a direct-to-consumer model by opening their own stores and employing passionate, knowledgeable staff as brand ambassadors. This approach allowed them to create a personalized customer experience and build a strong community around the brand. Additionally, Lululemon maintained a sense of exclusivity by stocking limited supplies, creating a perception of scarcity and driving demand. These strategic decisions, coupled with strong financial performance and profitability, contributed to Lululemon's remarkable success.
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Who gets the money and who pays the money when a corporation issues callable preferred shares?
Answers
When a corporation issues callable preferred shares, the money from the issuance of these shares goes directly to the corporation itself. Investors purchase the callable preferred shares by providing funds to the corporation.
The corporation then utilizes the raised capital for various purposes such as financing expansions, paying off debts, or funding operations. The investors who buy the callable preferred shares become shareholders of the corporation and typically receive regular dividends as specified in the terms of the preferred shares. When a corporation issues callable preferred shares, the money is received by the corporation. Investors who purchase these shares provide the funds, which the corporation uses for its financial needs. In return, the investors become shareholders and are entitled to dividends as outlined in the terms of the preferred shares.
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hello , What are three common tools for qualitative research in business and marketing?
Answers
Answer:
they would be in-depth interviews, focus group discussions and observation over data
Explanation:
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Startup capital pays for which of the following?
A. Operating expenses for the first year of a new business
B. Expanding production and advertising budgets
C. Funding for research and development of a business idea
D. Competitive wages for high-tech workers
Answers
Answer:
A. Operating expenses for the first year of a new business
Explanation:
Start-up capital is money that an individual requires to start a new business. The money is used to pay for initial set-up costs such as office space, equipment, licenses, inventory, marketing, salaries, and other expenses associated with starting a business. A business owner sources for the start-up capital. It may be from savings or borrowed from various sources.
Start-up capital facilitates operations until the business can generate revenue to sustain itself. Usually, a business relies on the start-up capital in the first year of operation.
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time. Otherwise, they are paying late. By how much are customers paying early or late? Base your answer on this equation: DSO - Credit Period = Days early or late, and use a 365-day year when calculating the DSO. A positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91
Answers
Answer:
b. 22.38
Explanation:
The credit period to pay for merchandise is 45 days, sales for last year = $325,000, therefore sales/day (daily sales) = $325,000/365 = $890.41
Year-end receivables = $60,000
Company DSO = Year-end receivables/ daily sales = $60000/$890.41 = 67.38
The difference between the Company DSO and credit period determines if the payment is early or late. A positive answer indicates late payments, while a negative answer indicates early payments.
Therefore, Company DSO - credit period = 67.38 - 45 = 22.38
Since the difference is positive, it is a late payment
as a business within the company, hr has three product lines, one of which involves contributing to the company's strategy by understanding how hr can provide a competitive advantage. this is known as .
Answers
As the product lines involves contributing to the company's strategy by understanding how hr can provide a competitive advantage, this is known as being a strategic partner.
What is a strategic partner?These are partners involves in the sharing of resources to help all involved succeed. They are usually non-competing businesses and often share both the risks and rewards of the decisions of both companies.
Most time, the ultimate goal of the strategic partnership is to create value for each company by offering information, services and other resources that the other firm either has no access to or could only access through some form of financial exchange.
Therefore, this strategy is known as being a strategic partner.
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Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answers
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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what is a quality certification and why is it important
Answers
Answer:
It is important because they indicate that buyers and procurement professionals are dealing with a manufacturer that has reached the highest standards in the industry
influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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When _____ communication is used for transferring a message, the message becomes tangible and verifiable and it can be stored for an indefinite period.
A) oral
B) grapevine
C) written
D) nonverbal
E) lateral
Answers
When written communication is used for transferring a message, the message becomes tangible and verifiable, and it can be stored for an indefinite period.
Written communication refers to the use of written or printed words to convey information or messages. Unlike oral or nonverbal communication, written communication provides a tangible and verifiable form of conveying information.
When a message is written down, it becomes a physical record that can be stored, reviewed, and referred to at any time, making it possible to maintain a written record of communication for an indefinite period.
One of the key advantages of written communication is its permanence. It allows individuals or organizations to create a documented history of interactions, agreements, instructions, or any other type of information.
This can be particularly valuable in legal or business contexts where written records are often required for accountability and evidence.
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Which of the following is not a reason for redesigning a product or service?
A) to reduce labor or material cost
B) to increase the level of customer satisfaction
C) to increase quality
D) to increase the level of employee satisfaction
E) to attract and increase customer demand
Answers
What position would be the highest in a company's hierarchy?
A). director of finance
B). finance manager
C). accountant
D). finance administrative assistant
Answers
Answer: D. Finance administrative assistant
Explanation: search all the answers up to see if it matches CEO or is closet to the CEO job
1. Using the resource based view of strategy (RBV), analyse the defining characteristics that determine the internal competitive advantage of the Hill group of companies. 2. Good strategy formulation alone will not make your organization successful. There are other elements that must work and fit together with the strategy to make an organization realize its goals and objectives competitively. Discuss the above statements. 3. Describe the concept of resource utilization and control in strategic management. 4. The sources of the competitive advantage of a firm can be seen from its discrete activities and how they interact with one another. Discuss this statement by applying the value chain to the Tanzania textile Industry. 5. Discuss the uses of the value chain activity using the case of furniture & alumunium businesses in Tanzania. 6. Make a detailed case study analysis of the driving forces for the textile industry in Tanzania and suggest appropriate strategies for the success of one of the mobile companies. 7. (a) How would you define channels of distribution? What factors would govern your choice of distribution in the competitive structure of an industry? (b) "The intensity of competition depends on several factors. Identify these factors and discuss briefly on them. 8. (a) Can cost leadership strategy allow a firm to earn above-average returns despite strong competitive forces? Discuss. (b) Describe the difference between Cost leadership vs. cost reduction. 9. (a) Draft a conceptual model for creating a 'strategic plan for a company. (b) What is "environmental audit' in strategic planning? (c) Differentiate between; Effects of learning and experience curve. 1. Using the resource based view of strategy (RBV), analyse the defining characteristics that determine the internal competitive advantage of the Hill group of companies. 2. Good strategy formulation alone will not make your organization successful. There are other elements that must work and fit together with the strategy to make an organization realize its goals and objectives competitively. Discuss the above statements. 3. Describe the concept of resource utilization and control in strategic management. 4. The sources of the competitive advantage of a firm can be seen from its discrete activities and how they interact with one another. Discuss this statement by applying the value chain to the Tanzania textile Industry. 5. Discuss the uses of the value chain activity using the case of furniture & alumunium businesses in Tanzania. 6. Make a detailed case study analysis of the driving forces for the textile industry in Tanzania and suggest appropriate strategies for the success of one of the mobile companies. 7. (a) How would you define channels of distribution? What factors would govern your choice of distribution in the competitive structure of an industry? (b) "The intensity of competition depends on several factors. Identify these factors and discuss briefly on them. 8. (a) Can cost leadership strategy allow a firm to earn above-average returns despite strong competitive forces? Discuss. (b) Describe the difference between Cost leadership vs. cost reduction. 9. (a) Draft a conceptual model for creating a 'strategic plan' for a company. (b) What is 'environmental audit' in strategic planning? (c) Differentiate between; Effects of learning and experience curve.
Answers
The provided set of questions covers various topics in strategic management. These include analyzing internal competitive advantage using the resource-based view of strategy (RBV), the importance of aligning other elements with strategy for organizational success, resource utilization and control, the role of value chain in determining competitive advantage in the Tanzania textile industry, uses of the value chain in furniture and aluminum businesses in Tanzania, driving forces and strategies for the textile industry in Tanzania, channels of distribution and factors influencing their choice, factors influencing the intensity of competition, the relationship between cost leadership strategy and above-average returns, the difference between cost leadership and cost reduction, creating a conceptual model for strategic planning, environmental audit in strategic planning, and differentiating the effects of learning and experience curve.
Each question addresses a specific aspect of strategic management, requiring a detailed analysis and explanation. The RBV approach focuses on the internal resources and capabilities of the Hill group of companies to determine their competitive advantage.
The second question emphasizes that strategy formulation alone is not enough and highlights the importance of alignment with other elements to achieve organizational goals.
Resource utilization and control involve effectively using and managing resources to support strategic objectives. Applying the value chain concept to the Tanzania textile industry allows for an exploration of how different activities contribute to competitive advantage.
The uses of the value chain in the furniture and aluminum businesses in Tanzania can provide insights into their operations and potential areas for improvement. Analyzing the driving forces in the textile industry in Tanzania and suggesting strategies for a mobile company's success requires a detailed case study analysis.
Understanding channels of distribution and the factors influencing their choice is crucial in developing effective distribution strategies. Identifying the factors influencing competition intensity helps assess the level of competition in an industry.
Evaluating the relationship between cost leadership strategy and above-average returns considers the impact of competitive forces. Differentiating cost leadership and cost reduction clarifies their distinct concepts.
Creating a conceptual model for strategic planning involves outlining the key components and steps in the planning process. Environmental audit in strategic planning refers to assessing external factors that can impact the organization's performance.
Finally, differentiating the effects of the learning curve and experience curve highlights their respective influences on efficiency and cost reduction.
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the sugar used mostly for dusting the tops of dessert
Answers
Answer:
Powdered Sugar
Explanation:
Cornstarch is added at around 3%, to prevent clumping because sugar is very hygroscopic. It's ideal for dusting, icing, frosting and other decorating as it easily dissolves in liquid to create a thick, spreadable substance.
Which type of product would most likely need careful planning and cultural
consideration when marketing it to another country?
A. Movies
B. Soap
C. Tools
D. Steel
Answers
Answer: A. movies
Explanation: when being made, movie makers take in consideration, all ages who could be watching this, what type of people are watching, and what kind of cultures are included in the making of the movie. They don't want to be sued for stereotypes, bias, and or degrading material.
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The type of product which would most likely need careful planning and cultural consideration when marketing it to another country is movies. Thus, the correct answer is option A.
What is planning?The process of considering the activities required to accomplish a particular objective is known as planning. Foresight, the fundamental talent for mental time travel, underpins planning. The evolution of foresight, or the ability to plan ahead, is supposed to have been a driving force in human evolution.
When movies are made, filmmakers consider the ages of those who might watch them, the types of people who might watch them, and the cultures represented in the film. They do not want to be sued for stereotyping, bigotry, or derogatory stuff.
Therefore, a good planning is required before starting a work on a movie taking into consideration all the factors involved with it.
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Put the following events from computer history in the order they happened:
Drag
Drop
Drag events here with oldest at top
The World Wide Web becomes available to the public
Scientists at Bell Laboratories invent the transistor
Apple releases the iPhone
Herman Hollerith develops electronic tabulating machine
International Business Machines, or IBM, is formed
The Apple Il is released for home consumers
Jack Kilby invents the microchip
Answers
The sequencing of the following events with respect to computer history is as follows:
In 1890, Herman Hollerith introduced a machine of electronic tabulation.In 1911, IBM or an International business machine should be developed.In 1947, The scientist invented the transistor at Bell Laboratories.In 1958, Microchip was invented by Jack Kilby.In 1977, Home consumers should be released by the Apple II.In 1993, WWW or World wide web could be accessed by the public.In 2007, iPhone should be introduced by Apple.In this way, the above events should be ordered.
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Answer:
Answer in image
Explanation:
When coffee Is traded between countries it is called a________.
Answers
Answer:
trade .arrket
Explanation:
did it already
The output effect means that a firm will ______. Multiple choice question. sell more of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase more of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase less of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase more of one input when the price of another input rises and less of that particular input when the price of the other input rises
Answers
Answer: Purchase more of one input when the price of another input falls and less of that particular input when the price of the other input rises
Explanation:
The Output effect is meant to explain what happens when the price of an input changes. If an input price increases for instance, production costs will rise and the company will have to buy less of other inputs to keep costs stable.
Conversely, if the price of other inputs fall, the company will see production costs fall which will enable them to purchase more of inputs which didn't change in price.
how does branding influence the product component of the marketing mix
Answers
Branding is a key element of the product component of the marketing mix, which also includes the product itself, its design, packaging, and features.
Branding refers to the creation of a unique name, design, symbol, or other identifying feature that distinguishes a product or service from its competitors.
The impact of branding on the product component of the marketing mix can be significant. Here are some ways in which branding can influence the product component:
Differentiation: Effective branding can differentiate a product from its competitors, making it stand out in a crowded marketplace. This can be achieved by creating a unique brand identity, such as a distinctive logo, tagline, or packaging design.
Perception of quality: A strong brand can create a perception of quality in the minds of consumers. By associating the product with positive attributes such as reliability, trustworthiness, and innovation, branding can increase the perceived value of the product.
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wayne is starting a small business, but needs help with management training, financial advice, and loans. he should contact the
Answers
During the 1850s, as the sectional crisis deepened, which states were considered Southern and which were considered Northern? Why? Which states do you consider Northern and Southern today? What characteristics do you feel define a state or region as Southern or Northern?
Answers
During the 1850s, as the sectional crisis deepened, the states that were considered Southern were Texas, Arkansas, Louisiana, Mississippi, Alabama, Tennessee, Georgia, Florida, South Carolina, North Carolina, and Virginia.
On the other hand, the states that were considered Northern were Maine, Vermont, New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania, Ohio, Indiana, Illinois, Michigan, Wisconsin, and Iowa. These states were classified as Northern or Southern because of their geographical location and their stance on the issue of slavery.
The Southern states believed in the right to own slaves and wanted to protect this right, while the Northern states were against slavery and wanted to abolish it. This difference in opinion created a divide between the North and the South, leading to the eventual secession of Southern states and the start of the American Civil War. Today, the states that are considered Northern include Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania.
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At a sales volume of 37,000 units, Choice Corporation's sales commissions (a cost that is variable with respect to sales volume) total $514,300.
To the nearest whole cent, what should be the average sales commission per unit at a sales volume of 43,100 units? (Assume that this sales volume is within the relevant range.)Multiple Choice
$13.90
$14.59
$13.27
$13.59
Answers
The average sales commission per unit at a sales volume of 43,100 units is $13.90. The correct answer is: a) $13.90.
To find the average sales commission per unit at a sales volume of 43,100 units, use the formula:
Average Sales Commission per Unit = Total Sales Commissions / Sales Volume
Given:
Sales Volume = 37,000 units
Total Sales Commissions = $514,300
Average Sales Commission per Unit = $514,300 / 37,000 units ≈ $13.90
Rounded to the nearest whole cent, the average sales commission per unit at a sales volume of 43,100 units is $13.90.
Therefore, the correct answer is: $13.90
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Which of the following statements describes GAAP?
A. GAAP standards are written and regulated by the government.
B. It is legally required that all companies meet GAAP standards.
C. Companies that meet GAAP standards usually use cash basis accounting.
D. GAAP recommends accrual basis accounting.
Answers
The statement that describes GAAP is that GAAP recommends accrual basis accounting.
Generally accepted accounting principles refers to the standards and accounting rules that are used for financial reporting.The four main principles of GAAP include consistency, objectivity, materiality and prudence. It should also be noted that Generally accepted accounting principles make use of the accrual basis accounting because sales are recorded at the time that they occur. This is vital in providing a better insight into the affairs and the performance of a company.
In conclusion, the correct option is D.
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