Answer:
11414.87205 units.
Explanation:
We have Underage cost cs to be $500
We have Overage cost Co to be $200
To get Critical fractile, we do this computation:
Cs/(Cs+Co)
500/(500+200)
500/700
0.714285714
Now the z score for this value,
normsinv(0.714285714)
= 0.565948821
To get what the question requires: mean+z-score*standard deviation
= 10000+(0.565948821*2500)
= 11414.87205 units
please note: I solved this without rounding the values.
We will have 10000+(0.57*2500)=11425 units if rounded
Following a systematic plan for the preparation of an e-mail, memo, letter, or oral presentation will make the composition process easier and will help you create more effective business messages. The writing process for business messages includes prewriting, drafting, and revising. Which of the following are steps involved in the prewriting phase of the writing process? Check all that apply. Analyzing Drafting Anticipating Researching Adapting Editing
Answer: Analyzing
Anticipating
Adapting
Explanation:
The writing process for business messages includes prewriting, drafting, and revising. We should note that the steps involved in the prewriting phase of the writing process:
• Analyzing
• Anticipating
• Adapting
The drafting phase is made up of:
• Researching
• Organizing
• Drafting
The revising phase include:
• Editing
• Proofreading
• Evaluating
Direct Materials Variances Silicone Engine Inc. produces wrist-worn tablet computers. The company uses Thin Film Crystal (TFC) LCD displays for its products. Each tablet uses one display. The company produced 550 tablets during December. However, due to LCD defects, the company actually used 500 LCD displays during December. Each display has a standard cost of $6.40. LCD displays were purchased for December production at a cost of $2,950.
Determine the price variance, quantity variance, and total direct materials cost variance for December. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Round your per unit computations to nearest cent, if required.
Price variance $ Unfavorable/favorable
Favorable Quantity variance $ Unfavorable/favorable
Total direct materials cost variance $ Unfavorable/Favorable
Answer:
Standard price = $6.40
Actual price = $5.90 ($2,950/500)
Standard quantity = 550
Actual quantity = 500
Direct materials price variance = (Actual price - Standard price) * Actual quantity
= ($5.90 - $6.40) * 500
= $0.5 * 500
= $250 Favorable
Direct materials quantity variance = (Actual quantity - Standard quantity) * Standard price
= (500 - 550) * $6.40
= 50 * $6.40
= $320 Favorable
Total direct materials cost variance = Direct materials price variance + Direct materials quantity variance
= $250 Favorable + $320 Favorable
= $570 Favorable
Suppose a perfectly competitive firm with total cost function given as: TC = Q³-50² +300 + 10 5.1. Given the equilibrium price for the product in the market is $6, find profit maximizing level of output and the maximum profit generated, and show if margina cost is increasing, decreasing or at its minimum at this point.
At the profit-maximizing level of output, the quantity (Q) is approximately 35 units, and the marginal cost (MC) is $6.
The maximum profit generated at the profit-maximizing level of output is approximately -$40,375.
How to explain the informationThe total cost function given is: TC = Q³ - 50² + 300 + 10
MC = d(TC)/dQ
MC = d(Q³ - 50² + 300 + 10)/dQ
= 3Q² - 100Q
When Q = 35, MC = 3(35)² - 100(35) = 175
So, at the profit-maximizing level of output, the quantity (Q) is approximately 35 units, and the marginal cost (MC) is $6.
TR = P * Q
= $6 * 35
= $210
TC = Q³ - 50² + 300 + 10
= 35³ - 50² + 300 + 10
= 42875 - 2500 + 300 + 10
= 40585
Profit (π) = TR - TC
= $210 - $40585
= -$40375
The maximum profit generated at the profit-maximizing level of output is approximately -$40,375.
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What type of information is required on a 1040EZ form? (Select the best answer.)
A. Your gross and net income for the previous year
B. A financial projection for the next year
C. Your bank statements from the previous year
D. A list of each purchase made in the previous year
Answer:
A. your gross and net income for the previous year.
Explanation:
took the test.
If a firm is interested in altering their D/E ratio they can engage in a ______.
If a firm is interested in altering their D/E ratio they can engage in a reducing/increasing their debt level.
What is known as D/E ratio?In accounting, the Debt-to-equity ratio refers to an accounting tool that compares a company’s total liabilities with its shareholder equity and can be used to assess the extent of its reliance on debt.
The financial metric is used to evaluate a company’s financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. It is important as its measure the degree to which a company is financing its operations with debt rather than its own resources.
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Managers are strictly required to properly understand the role of Information Systems in their organization. Failure to do so might have adversary effects on the existence of their organization. In relation to role of IS in organization, there are practical examples where IS has created a situation to replace roles organizations have assumed for years in Ethiopian business environment. Mention at least two organizations IN Ethiopia whose role has been replaced/ threatened by IS.
Answer:
Explanation: the most which is
Denton Company manufactures and sells a single product.Cost data for the product are given below:Variable costs per unit:Direct materials $7Direct labor 10Variable manufacturing overhead 5Variable selling and administrative 3Total variable cost per unit $25Fixed costs per month:Fixed manufacturing overhead $ 315,000Fixed selling and administrative 245,000Total fixed cost per month $ 560,000The product sells for $60 per unit.Production and sales data for July and August, the first two months of operations, follow:Units Produced Units SoldJuly 17,500 15,000August 17,500 20,000The company’s Accounting Department has prepared absorption costing income statements for July and August as presented below:July AugustSales $900,000 $1,200,000Cost of goods sold 600,000 800,000Gross margin 300,000 400,000Selling and administrative expenses 290,000 305,000Net operating income $10,000 $95,0001. Determine the unit product cost under absorption costing and variable costing.Absorption costing:Variable Costing:Prepare contribution format variable costing income statements for July and August.Reconcile the variable costing and absorption costing net operating income figures.July AugustVariable costing net operating income (loss)Add/Deduct fixed manufacturing overhead cost deferred in/released frominventory under absorption costingAbsorption costing net operating income/loss
The unit product cost under absorption costing is $35 per unit, while the unit product cost under variable costing is $25 per unit. The July contribution-format income statements with variable costs.
What is the variable cost formula?The variable cost formula. To calculate variable costs, divide the cost of manufacturing one unit of your product by the total number of units produced. This formula looks like this: Total variable costs are calculated as cost per unit times the overall number of units.
Under absorption costing:
Direct labor per unit, direct materials per unit, variable and fixed production overhead, and the number of units produced
$7 + $10 + $5 + ($315,000 + $245,000)/(17,500 + 17,500) = $25
Under variable costing:
Direct labor per unit, Direct materials per unit, Variable manufacturing overhead, Variable marketing and administrative overhead, and Variable manufacturing overhead per unit
$7 + $10 + $5 + $3 = $25
Income statements for July and August using the contribution structure and variable costs:
July:
Sales (15,000 units x $60 per unit) $900,000
Variable expenses:
Variable cost of goods sold (15,000 units x $25 per unit) $375,000
Variable selling and administrative expenses (15,000 units x $3 per unit) $45,000
Total variable expenses $420,000
Contribution margin $480,000
Fixed expenses:
$157,500 in fixed manufacturing overhead ($315,000 divided by 17,500 units)
Fixed selling and administrative expenses $132,000 ($290,000 ÷ 15,000 units)
Total fixed expenses $289,500
Net operating income $190,500
Absorption costing net operating income $413,750
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The American Marketing Association Statement of Ethics identifies six key aspirational
ethical values, one of which is
Select one:
a. diversity.
b. integrity.
c. perseverance.
d. charity.
e. openness.
in the short run, which of the following firms should attempt to produce where average costs are at a minimum in order to maximize profits or minimize losses?
a. perfectly competitive firm
b. a monopolistically competitive firm
c. an oligopoly
d. a monopoly
e. none of the above
Answer: A perfectly competitive firm
Explanation:
The information on the job application should be consistent with which of the following?
Resume only
Resume and cover letter
Resume,cover letter and social media profiles only
Resume cover letter social media profiles and interview answers
Answer:
Resume and cover letter should be the only things you will need normally employers don't ask for any social media it also depends of the job you're applying for if it's a high end job 9 times out of 10 they will go through your social medias but won't request them on your application.
Explanation:
comment if i misunderstood I'll be happy to help
Answer:Resume and cover letterrr
Explanation:
Changes in the market environment impact _____
how competitive the marketplace is
how many offerings are available
how many marketing communication channels are used
how consumers behave
Changes in the market environment impact how competitive the marketplace is, how many offerings are available, how many marketing communication channels are used, and how consumers behave.
Aspects of the business landscape are significantly impacted by changes in the market environment. First and foremost, they have an impact on the level of market competition because changes in variables like technology, rules, and consumer preferences can affect how businesses compete with one another.
Changes in the market environment can also have an impact on the variety and range of goods and services that are offered to customers. New technologies and trends have an impact on how businesses communicate with their target audiences through marketing channels. Last but not least changes in the market environment such as those in the economy in social trends and in technological advancements have a significant impact on consumer behavior causing changes in buying patterns and preferences.
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What should you click and drag to rotate an image or text box?
O the top right corner of the image or text box
O the clear arrow above the image or text box
the lower left corner of the image or text box
O the red box at the center of the image or text box
To rotate an image or text box, you should: A. the top right corner of the image or text box.
What should you click and drag to rotate an image or text box?Typically, when you hover your mouse over the corner of the image or text box, the cursor will change to a curved arrow, indicating that you can click and drag to rotate the element.
This allows you to freely adjust the angle of the element to your desired orientation. Some software may have slightly different interfaces, but in general, rotating an image or text box by clicking and dragging the top right corner is a common method across many applications.
Therefore the correct option is A.
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Answer:
B) the clear arrow above the image or text box
This is where labor and other factors of production are sold in the circular flow model of income in economic theory *it’s for economics USA testprep
Answer:
Resource Market
Explanation:
A resource market is a market from where businesses purchase inputs that can be used for production.
Resource Market is a market where labor and other factors of production are sold in the circular flow model of income in economic theory.
In Resource Market, households are the sellers and firms are the buyers.
Giả sử người têu dùng có 1 khoảng thu nhập 100 đồng để mua kẹo (K) và bánh (B),biết giá kẹo là 10,giá bánh là 20.
TU=2KB, vẽ đường đẳng ích có mức hữu dụng là 10 và 20
Identify the environmental factor that is a characteristic of an an attractive environment.
There are five environmental factor for an attractive environment.
Few CompetitorsLow threatFew substitutesMany suppliersMany customers.Types of Environmental FactorsInternal environmental factors: In the internal business environment there are elements within an organization that influence the approach and success of commercial operations.External environmental factors: The external environment comprises a range of factors outside a commercial enterprise over which we do not have much control.For more information about environmental factors click on https://brainly.com/question/13310446
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Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 40,000 units next year and Product L is expected to sell 8,000 units. A unit of either product requires 0.4 direct labor-hours.
The company's total manufacturing overhead for the year is expected to be $1,632,000.
Required:
1-a. The company currently applies manufacturing overhead to products using direct labor-hours as the allocation base. If this method is followed, how much overhead cost per unit would be applied to each product? Product H Product L Overhead cost per unit
1-b. Compute the total amount of overhead cost that would be applied to each product Product H Product L Total Total overhead cost
2. Management is considering an activity-based costing system and would like to know what impact this change might have on product costs. For purposes of discussion, it has been suggested that all of the manufacturing overhead be treated as a product-level cost. The total manufacturing overhead would be divided in half between the two products, with $816,000 assigned to Product H and $816,000 assigned to Product L If this suggestion is followed, how much overhead cost per unit would be assigned to each product? (Round your answers to 2 decimal places.)
Product H Product L
Overhead cost per unit
Answer:
1a. Product H $16,000
Product L $3,200
1b. Product H $1,360,000
Product L $272,000
Total $1,632,000
2. Product H $20.40
Product L $102.00
Explanation:
1-a. Calculation for how much overhead cost per unit would be applied to each product
Product H Product L
Number of units produced 40,000 8,000( a)
Direct labor-hours per unit (b) 0.40 0.40 (b)
(a) × (b)=Total direct labor-hours 16,000 3,200 Total =$19,200
Therefore Amount of hoverhead cost per unit applied to each product is :
Product H $16,000
Product L $3,200
1-b. Computation for the total amount of overhead cost that would be applied to each product
Product H Product L Total
Manufacturing overhead applied per unit
0.40 DLH per unit × $85.00 per DLH= $34.00 (a)
Number of units produced 40,000 8,000 (b)
(a) × (b)=Total manufacturing overhead applied $1,360,000 $272,000
Total=Product H $1,360,000+Product L $272,000
Total= $1,632,000
Predetermined overhead rate of $ 85.00 per DLH is calculated as:
Total manufacturing overhead $ 1,632,000(a)
Total direct labor-hours 19,200 DLHs(b)
(a) ÷ (b) =Predetermined overhead rate $ 85.00 per DLH
Therefore the total amount of overhead cost that would be applied to each product is :
Product H $1,360,000
Product L $272,000
Total $1,632,000
C. Calculation for how much overhead cost per unit would be assigned to each product
Product H Product L Total
Total manufacturing overhead assigned (a)
$816,000 $816,000 =$1,632,000
Number of units produced (b) 40,000 8,000
(a) ÷ (b) =Manufacturing overhead per unit $20.40 $102.00
Therefore the amount of overhead cost per unit would be assigned to each product is :
Product H $20.40
Product L -$102.00
Your shift’s productivity is slow because one person is not pulling his share. The rest of the team is getting upset . What would you be most and least likely to do ?
By default, unless you or someone else records or shares information, your employer cannot see any of your Teams activities. However, the company has the option to build or buy a Teams extension to gain access to information and view your Team activities.
What is shift productivity?A desktop program called Shift can be used to combine various emails and web applications into one simple platform. The shift is the ideal productivity tool for anyone who uses one email account and one app, 50 conversations accounts, 50 apps, or anything in between!
Productivity starts with the fundamental idea of making the most of your time. Multitasking, among other things, can make you sluggish. You can focus better on the things that are important by doing one thing at a time. You might also find it easier to enter a state of flow. Select Notifications from the Settings menu, which is located in the upper right corner of the screen. The following options can be selected (to turn on) or cleared (to turn off) in the Notifications dialogue box: I'm given a task by someone.
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12. Horizon Electronics is launching a new all-in-one product. The product can be used to play music, watch movies, check e-mail, and make phone calls. Because
there are so many features, you know there will be many questions. Your company is advertising a sale on the product, hoping that customers will buy it from your
store rather than online or at a competitor's store. How should you prepare for the large volume of customers asking about this product?
OA. Tell customers that they can call Horizon Electronics directly to answer questions about how to use the product.
OB. Rely on one of your co-workers to help you answer questions as he just bought the product for himself.
OC. Test the item on display making sure you can explain how to use each feature.
O D. Remind customers they can return the item if it is too difficult to use.
The best approach to prepare for the large volume of customers asking about the new product is:
OC. Test the item on display, making sure you can explain how to use each feature.
By testing the product on display and familiarizing yourself with its features, you will be able to provide accurate information and demonstrations to customers. This will help you address their questions and concerns effectively, increasing their confidence in purchasing the product from your store.
If the economy begins at potential output when a positive aggregate demand shock occurs, then initially.
If the economy begins at the potential output when a positive aggregate demand shock occurs, then initially potential output increases.
A financial system is a machine of interrelated production and consumption activities that in the end decide the allocation of sources within a collection. The production and consumption of goods and offerings as a whole fulfill the needs of those residing and running within it.
An outstanding example of an economy is the conventional economic system that encompasses the customs and records of a kingdom to manual manufacturing and distribution of goods. conventional economies are typically primarily based on agriculture, fishing, and looking.
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Revise the following sentences to avoid confusing jargon, slang, and wordings.
1. If you refer back to our five year plan, you will see that there are provisions for preventing blowing the budget.
The revised sentence is "If you review our five-year plan, you will notice that there are measures in place to prevent exceeding the budget.
Why is revision of sentences important?Sentence revision is important because it ensures clarity and effective communication.
By avoiding confusing jargon, slang, and wordings, revised sentences are easier to understand by a wider audience.
Clear and concise language helps convey ideas accurately and reduces the risk of misinterpretation or confusion.
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which of the following is an appropriate solution to an overspending allowance?
A. Keep spending money until it is appropriate to write a new budget at the beginning of the month.
B. Borrow money.
C. Find other places in the budget where money can be re-purposed.
D. Remember that over the course of a year everything will balance out.
Answer:
a
Explanation:
will managers be able to make informed decisions in a public company?
The managers are not able to make informed decisions in a public company, rather, the elected executive board members make those high-level decisions about the direction of the company.
What is an informed decisions?In an organization, this refers to the gathering of facts and information that may be relevant to the decision making or the interpreting of that information through critical analysis.
Mostly in a publicly traded company, the people that choose to buy stock in the company become shareholders and gain partial ownership of the company. These shareholders collectively elect executive board members who make high-level decisions about the direction of the company.
Therefore, the managers are not able to make informed decisions in a public company, rather, the elected executive board members make those high-level decisions about the direction of the company.
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Which sentence best completes the diagram?
Globalization
?
OA. Natural resources move from poor to rich countries.
OB. Fewer companies have a need for natural resources.
OC. Incomes improve for poor people in all countries.
W
OD. Local businesses face less international competition.
Incomes improve for poor people in all countries is the best sentence which completes the Globalization. option C is the correct answer.
Globalization is the method by which businesses, organizations, and governments work on a worldwide scale. Globalization alludes to the method of expanding interconnecting and interdependency among individuals, businesses, and nations over the world. It includes the stream of products, administrations, capital, innovation, and data over national borders, coming about in a developing sense of shared social, social, and financial values.
Globalization has been encouraged by headways in communication innovation, transportation, and exchange liberalization arrangements. It has driven to expanded financial development, advancement, and social trade, but has too brought about in concerns approximately imbalance, natural corruption, and social homogenization.
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If I travel to New York City from Boca Raton every weekend for 10 years, I am still considered a tourist in New York City.
Answer:
Yes
Explanation:
Yes, in any State or Country that you are not a permanent resident in you would be considered a tourist. In this scenario, you are a permanent resident of Boca Raton, Florida and only visiting New York City on weekends. Regardless of how frequent, since you are not a permanent resident and only travel on weekends to see the city or have fun then in the eyes of the law you are technically a tourist in the city.
If a minimum wage increase helps some people but harms other’s people, is it a good policy?
If a minimum wage increase helps some people but harms others, it is still a good policy. A minimum wage increase would be a good policy because it benefits those who are struggling to make ends meet and could use a little extra income to pay for essentials such as rent, food, and utilities.
Additionally, when low-wage workers earn more money, they have more money to spend, which stimulates the economy. Workers earning minimum wage are more likely to spend the additional money they earn, resulting in increased consumer spending. This, in turn, can lead to increased business activity and job creation. Higher wages also help to reduce poverty and improve social mobility, which has a positive effect on society as a whole.
However, it is essential to recognize that a minimum wage increase could cause harm to some people and businesses. Companies may need to reduce their workforce to cut costs, and some employees may lose their jobs as a result. Furthermore, if the price of goods and services increases due to higher wages, some consumers may be priced out of the market, resulting in reduced sales and profits for businesses.
Nevertheless, the benefits of a minimum wage increase outweigh the drawbacks. A minimum wage increase is a necessary step in ensuring that low-wage workers are paid a living wage and that our economy is stimulated.
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Swart Electrical is a Small, Medium and Micro Enterprise (SMME) specialising in electrical supplies in South Africa. The founder and CEO, Mr Swart prefers to solicit inputs from managers of different departments before formulating organisational goals. However, once planning has been concluded, he does not allow managers to deviate from the set goals. Which one of the following options is evident in the scenario regarding the costs of planning? Select one: a. Planning could cause delays in decision-making. O b. Planning consumes management time. O c. Planning demotes co-ordination. Qd. Planning may create rigidity.
The one options that is evident in the scenario regarding the costs of planning is: d. Planning may create rigidity.
Which evident in the scenario regarding the costs of planning?According to Mr. Swart's planning methodology, once objectives have been stated, managers are not permitted to stray from them.
This suggests that rigidity may have been a result of the planning process since it prevents flexibility or adaptability in response to a changing environment. While planning is crucial for providing direction and organizing efforts, if it is applied too strictly, it may also breed inflexibility.
Therefore the correct option is D.
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Yeager Company pays John Kerr a salary as an employee and also fees for work he does as an independent contractor. Does this violate IRS rules? Why or why not?
Paying an individual both a salary as an employee and fees for work performed as an independent contractor does not necessarily violate IRS rules.
It is possible for an individual to perform both employee and independent contractor work for the same company, but the employer must ensure that the classification is correct and that the individual is paid appropriately.
The employer should also ensure that the proper taxes are withheld and paid on the employee's salary. The employers must be aware of the IRS rules regarding the classification of workers as employees or independent contractors.
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To replenish the petty cash fund, the journal entry would include Answers: (A) Debit petty cash and credit Cash (B) Debit postage and credit cash (C) Credit petty cash and debit Cash (D) Credit cash and debit postage
To replenish the petty cash fund, the journal entry would include: (A) Debit petty cash and credit Cash.
How to prepare the journal entry to replenish the petty cash fund?A petty cash fund is often created with a certain amount of money in which this money are often used to meet an organization daily expenditure . This amount is often replenished at the end of the period.
The appropriate journal entry to o replenish the petty cash fund is:
Debit Petty cash
Credit Cash
(To replenish the petty cash fund)
Therefore the correct option is A.
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To replenish a Petty cash fund, the journal entry would include a debit petty cash fund and a credit cash. When a petty cash cashier credit petty cash fund, they must create a journal entry and the entry must show an increase in Petty Cash account and a decrease in Cash account, to a debit Petty Cash account and a credit Cash account.
What is a Petty Cash Fund?petty cash fund, is a small amount of money that a business owner set aside or keeps on hand to pay for smaller business expenses out of the business profit. These small amounts of cash or money can pay for little expenses like light refreshment during meetings or postage stamps ,inks, pens, etc. Petty cash is an alternative to conveniently checks for smaller transactions.
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Where is the sport of volleyball invented?
ACCOUNTING:-
How do we find out the Balance B/D in the credit section?
In accounting, the term "Balance B/D" typically refers to the Balance Brought Down, which represents the balance carried forward from the previous accounting period.
To find out the Balance B/D in the credit section, you would need to consider the following:
Obtain the financial statements: Retrieve the previous period's financial statements, including the balance sheet and the income statement.
Locate the previous period's credit balance: Look for the credit balance in the relevant accounts on the balance sheet. These accounts could include liabilities, equity accounts, or contra-asset accounts.
Analyze changes: Review any changes that occurred during the previous period in the accounts with credit balances. Determine whether there were any increases or decreases in these accounts due to transactions or adjustments.
Calculate the net change: Calculate the net change in the accounts with credit balances by subtracting any decreases from the increases. This will give you the overall change in the credit balances of these accounts.
Determine the Balance B/D: Add the net change to the previous period's balance. If the previous period's credit balance was zero, then the net change itself will be the Balance B/D in the credit section. However, if there was an existing credit balance, you would need to add the net change to that balance to find the Balance B/D in the credit section.
By following these steps, you can identify the Balance B/D in the credit section, which represents the credit balance carried forward from the previous accounting period.
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