Answer:
False.
Explanation:
Good planning and wise use of insurance are some ways you can reduce risk, but it won't eliminate all risk.
Perdon Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting
process, Perdon is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be
allocated to each product line. The information shown below relates to overhead.
Mobile Safes Walk-in Safes
200
50
300
200
Units planned for production
Material moves per product line
Purchase orders per product line
Direct labor hours per product line
450
350
800
1,700
(a)
* Your answer is incorrect.
The total estimated manufacturing overhead was $280,000. Under traditional costing (which assigns overhead on the basis of
direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, eg. 12.25.)
(1)
One mobile safe
$
350
per unit
(2)
One walk-in safe
$
1647
per unit
Under the traditional costing method (which assigns overhead on the basis of direct labor hours), the amount of manufacturing overhead costs assigned to the following by Perdon Corporation are:
1) One mobile safe $448 per unit
2) One walk-in safe $3,808 per unit
What is a predetermined overhead rate?A predetermined overhead rate is used by the traditional costing method, unlike the Activity-based costing system (ABC), which uses activity drivers and cost pools.
The traditional costing method assigns overhead costs based on a companywide cost driver, for example, direct labor hours.
Data and Calculations:Total overhead = $280,000
Mobile Safes Walk-in Safes Total
Units planned for production 200 50 250
Material moves per product line 300 200 500
Purchase orders per product line 450 350 800
Direct labor hours per product line 800 1,700 2,500
Predetermined overhead rate per direct labor hour = $112 ($280,000/2,500).
Total overhead costs assigned to $89,600 $190,400
($112 x 800) ($112 x 1,700)
Overhead per unit $448 $3,808
($89,600/200) ($190,400/50)
Thus, under the traditional costing method, the amount of manufacturing overhead costs assigned are $448 per unit of Mobile Safe and $3,808 per unit of Mobile Safe.
Learn more about the traditional costing method at https://brainly.com/question/15366005
How does public policy impact entrepreneurs?
How does public policy impact entrepreneurs?
What are some specific examples of policies and programs that support new and existing small businesses?
What additional policy considerations can support the development of entrepreneurial skills among young people?
Answer:
Four policies that have an impact on entrepreneurship are: tax policy, regulation, start-up costs and access to capital markets, and legal protection and property rights.
good luck on whatever assignment u got to do
Please help will mark BRAINLIST
..................................................................x
Q: In about 200 words, write an essay analyzing the STEEPLE Module .
Students are required to define each key concept (STEEPLE) and to illustrate all concepts with examples. (40%)
The STEEPLE model is a very complete model that can be used to analyze the factors that affect a specific situation.
What is the STEEPLE model?This is an analysis model in which each letter represents a factor to be analyzed:
SocialTechnologyEconomicEnvironmentalPoliticalLegalEthicalWhat is an example of this model?Let's analyze a war between two countries:
Social: The families are negatively affected by the war.Technology: Weapons and other technologies are used as part of the war.Economic: The economy of the countries involved and other nearby countries can be negatively or positively affected.Environmental: There is pollution due to waste derived from weapons.Political: Most wars are the result of political conflicts.Legal: There are specific international rules that regulate wars.Ethical: The use of weapons against a population rises ethical concerns and dilemmas.Learn more about analysis in: https://brainly.com/question/5040600
If Henry and Kate's Company has $300,000 of sales revenue, pays $50,000 in dividends, and has net income of $100,000, how much were the expenses for the year?
Answer:
$205,000
--
Stockholders' equity = ($300,000 - $180,000) + ($375,000 - $240,000) - $50,000.
Explanation:
SE = (Total Assets - Total Liabilities) + (Revenues - Expenses) - Dividends
Auto insurance is NOT what ?
A.necessary
B.required by law
C.optional if you own a car
D. Mandatory in any state
Answer:
The answer is c.
Explanation:
Answer:
C
Explanation:
If you own a car and only drive occasionally it wont be necessary but you should have adequate coverage.
Names of the big companies that liquidated in South Africa?
Answer:
the rivers
Explanation:
PLEASE HELP WITH THIS DISCUSSION
Suppose you have spilled coffee on your favorite T-shirt and now you need a new one. You discover a new clothing store (Store X) across the street from an existing department store (Store Y). Both stores offer the same brands and styles of T-shirts. However, Store X offers their clothing for less. How might this event affect the demand curve for Store Y?
Answer:
Since both stores have the same styles and brands with different prices, people may start to turn to Store X. With cheaper prices in the same area as the other store with the same brands and styles is a total win for customers. This might decrease sales in Store Y which may make them run out of business. However, because store Y was there first, loyal customers might only trust this store since it hasn't let them down yet and may be afraid to switch stores. Quality over quantity plays a major role in this decision.
Hope this helped <3! Brainliest please? :)
People may start shopping at Store X since both stores have the same brands and styles but at various pricing points. This can result in Store Y's sales declining. The demand curve for store Y shifts to the left due to the decline in demand.
What is demand curve?A demand curve is a graph that shows the relationship between the cost of a given good and the quantity demanded at that cost. Demand curves can be applied to the price-quantity connection for a specific consumer or for every consumer in a given market.
The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve.
If the demand lowers , the demand curve moves to the left. Less demand for the good or service results from this.
To learn more about demand curve
https://brainly.com/question/14252371
#SPJ2
Question 2: Imagine you are a systems analyst trying to understand the bookstore system in
the college. This is system is needed to allow students to order books online for the courses
they are enrolled in. It is used by students and a number of staff (e.g. bookstore manager,
а
bookstore staff, and faculty members). The IT experts provides support to staff and students.
Draw a Rich Picture with a focus on exploring issues related to the bookstore system in the
college. Ask your classmates about their feelings to get multiple perspectives in play (3%).
One important issue that can emerge in this system is lack of accurate data or problems when registering the information in the system.
What does this system require?In this system, it is important data is correctly registered. This includes:
The number of units available for each book.The delivery information of each student.The prices and payment information for each book.What problems can this system have?Considering this system is mainly an information system, the main problem would be that data is not correctly registered. For example:
The system shows there are 20 books available but there are only 10 books available.The system mixes up the delivery information of students.The system does not register correctly the payment informationLearn more about systems in: https://brainly.com/question/14253652
What is the function is your strongest, most obvious mental function?
Answer:
metail
Explanation:
becuse it made for rock bing melted up
Farmers company purchased equipment on January 1 year one for $96,000 The equipment is estimated to have a five-year life and a salvage value of 13,000 the company use straight line depreciation method at the beginning of year for farmer revise the expected life to eight years the annual amount of depreciation expense for each of the remaining years would be
Answer:
$6,240
Explanation:
annual amount of depreciation expense for each of the remaining years would be $6,240.
Please let me know if you found this answer helpful or it can be improved in any way!
Have an awesome day!
The entry to amortize a bond premium would include a __________ to __________.
a. debit; Premium on Bonds Payable
b. credit; Premium on Bonds Payable
c. debit; Interest Expense
d. debit; Cash
The entry to amortize a bond premium would include a debit to Premium on Bonds Payable.
Hope that helps!
Answer:
a. debit; Premium on Bonds Payable
Explanation:
Took Assignment
The purchase of which of the following gives the buyer part ownership of a company?
A
stock
B
bond
C
futures contract
D
treasury bill
[tex]\qquad\qquad\huge\underline{{\sf Answer}}♨[/tex]
The Correct option is Stocks !
Stocks are part of net worth of a company, and person who owns stocks of a particular company gains part ownership of that company.
Answer:
A -- Stock
Explanation:
Say an investor buys stock they are buying a percentage of ownership in that company.
Hope this helps! Please let me know if you need more help or think my answer is incorrect. Brainliest would be MUCH appreciated. Have a wonderful day!
What do intentional torts, negligence, and strict liability have in common?
O A. They involve injury to a person or property.
B. They demonstrate a breach of duty.
C. They show that a product is flawed.
D. They show that the defendant was at fault.
Answer:
A
Explanation:
just took it
Which is not included in the composition of a project initiation documentation?
The choice which is not included in the composition of a project initiation document is; Project cost.
What is a Project Initiation Document?A Project Initiation Document is a guide to a project, clearly laying out the justification for a project, the project's objectives, and how the project will be organized. This helps ensure that all involved personnel knows what's going on right from the outset.
Read more on project initiation document;
https://brainly.com/question/14674549
Which expression is equivalent to 4(f+6)?
Hey there!
4(f + 6)
DISTRIBUTE 4 WITHIN the PARENTHESES
= 4(1f + 6)
= 4(1f) + 4(6)
= 4(f) + 4(6)
= 4f + 24
Therefore, your answer is: 4f + 24
Good luck on your assignment & enjoy your day!
~Amphitrite1040:)
1. How would you market a health club in the south versus the East Coast or West Coast?
I will market a health club in the south through the use of Social Proof. Social proof, Targeted Email Marketing, the use of Website and Mobile App to push Referrals.
What is the aim of a health club?Health clubs are known to be as fitness centers or gyms. They are known to often give some specific services to make sure that members can be able to meet their fitness goals or purpose.
Note that Health clubs are an efficient tool way to spice up one's routine. I will market a health club in East Coast or West Coast through the use of gyms influencers, giveaway or the use of contest.
Learn more about marketing from
https://brainly.com/question/25754149
GIVING BRANLIEST!!!!!!!!!!!!!!!!!!
What are some examples of Employees who represent two careers from the Arts, AV Technology & Communication Cluster
What are some examples of Employees who represent two careers from the Arts, AV Technology & Communication Cluster:
Broadcast TechnicianSoundboard OperatorEquipment operatorActorGraphic DesignerInterior Designer
I attached a diagram that I found with more examples
Hope that helps!
Please describe what is wrong with
this statement: Our technical support
team is available 24/7 Monday
through Friday.
The problem that is wrong here is that the team are said to be available 24/7, yet the days mentioned are from monday to friday. That is 5 days.
How is this wrong in the statement.When the 24/7 term is used, it refers to the fact that a team would be available from monday through sunday.
The complete days of the week would be occupied by the team. It is a contradiction to use 24/7 and monday through friday together.
Read more on contradictions here: https://brainly.com/question/6946086
How does a savings account benefit the bank
Answer:
Having a strong base of savings account deposits is critical for a bank to remain solvent and profitable. Banks use that money to lend to borrowers, who then pay interest on their loans. After paying for various costs, banks pay money on savings deposits to attract new savers and keep the ones they have.
Explanation:
On July 1 Plum Company paid $7,500 cash for management services to be performed over a two-year period. On July 1, Plum should record:
Based on the cost of the management service, Plum Company on July 1 should record A debit to a prepaid expense and a credit to cash for $7,500.
What should Plum record?The entire amount of $7,500 is being paid for a service that has not yet happened so they will go to the Prepaid expense account. As this is an expense, it is debited when it is increased.
Cash should then be credited by the same amount to show that it is reducing.
Find out more on prepaid expenses at https://brainly.com/question/14806222.
1. Why were many large discount retailers slow to sell online in the early days of electronic commerce?
They are slow to sell online because the retailers were adamant to implement online sales at that time because they had huge investments in their physical stores.
What are discount stores in terms of retailing?The term discount retailers is known to be used in discount store, where the merchandiser or a retail store are known to often sells products at prices lower than other traditional retail shores.
Note that some discount stores are like department stores as they are known to offer a wide range of goods at cheap prices.
Learn more about discount retailers from
https://brainly.com/question/1838431
If you intend to purchase Tata Nano, describe the stages in the purchase decision process.
The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.
What is a purchase?A purchase refers to the action of buying something. Purchasing is considered an important course of action.
There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.
The five stages are
Problem recognition- It is the most basic step that ensures if there is a need for purchase.Information search- The next step is to search the information related to the Tata NanoAlternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people. Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.Learn more about the Purchase decision process here
https://brainly.com/question/26517026
Nicholas, Inc. has provided the following unit data for review: Simple ProductAdvanced Product Selling price$22.75$55.00 Variable cost10.0034.50 Pounds of scarce raw material per unit35 Which product, Simple or Advanced, is most profitable for Nicholas, Inc. to manufacture
The most profitable product for Nicholas, Inc. to manufacture based on unit data and contribution margin per unit of a scarce resource is Advanced Product.
What is a profitable product?A profitable product is one whose sales revenue covers the costs of production, selling, and administrative support.
A profitable product can be determined by determining the contribution margin per unit and dividing this by the units of a scarce resource that it consumes. The result is the contribution margin per unit of the scarce resource.
Thus, the product that yields the higher contribution margin per unit of a scarce resource is preferable to the rest.
Data and Calculations:Simple Product Advanced Product
Selling price $22.75 $55.00
Variable cost 10.00 34.50
Contribution margin per unit $12.75 $20.50
Pounds of scarce raw material per unit 35 35
Contribution margin per scare resource $0.364 $0.586
Thus, the most profitable product for Nicholas, Inc. to manufacture based on the given unit data and the contribution margin per unit of a scarce resource is the Advanced Product.
Learn more about contribution margin per unit of scarce resource at https://brainly.com/question/15550773
what are excise duties?
Answer:
The taxes which are imposed at the time of production of goods are defined as excise taxes. These taxes are not liable to pay at the time of disposing of the goods.
Explanation:
What is meant by excise tax?
An excise duty is a kind of indirect tax obligation levied on the production, disposal, and use of manufactured products. The products can be related to petroleum, liquor, tobacco, and imported items. It is a tax reimbursed to the government by the manufacturer.
Learn more about excise taxes here:
https://brainly.com/question/11920640
BUSINESS LAW- TRUE OR FALSE
1. Under the UCC, a contract will generally fail because one or more terms are left open,
2. A contract without a quantity term is valid.
4. A contract for services is specifically covered by the UCC.
5. Whether there has been an offer is determined by a subjecive standard.
6. A says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." Thierë
is a contract.
7. Offers made in jest are always invalid.
8. B agrees to buy all of her requireinents from S. S agress. The contract fails for lack of a definite
quantity term.
9. A writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30
days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15
days later. B can nonetheless accept.
10. When an offeree learns from a third party that the offeror has sold the goods. the offer is re-
voked.
11. The modern view is that once the offeree of a unilateral contract begins to perionin, the offeror
inay not revoke his promise.
12. An offer continues until there is an express revocation of the offer.
13. A offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer
for S100.
14. A offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke.
15. Under the UCC, a non-merchant may make her offer irrevocable without consideration.
16. In general, an offeree must affirmatively convey his or her intention to accept an offer to enter in
to a bilateral contract
17. A says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. There
is a contract.
18. At common law, an offeree may request additional terms in accepting the offer.
19. Merchant S accepts Merchant B's offer with an additional clause providing for reasonable in
terest for overdue invoices. The additional clause is part of the contract.
20. Revocation of an offer sent by mail is elfective upon receipt.
21.. lla ained for forbearance of a legal right will constitut esileration
22. B agrees to buy a house offered by S if B gets a bank loan. There is a contract
A statement that is valid according to law of contract will be termed true while an invalid one is termed false.
Validity of the statementsUnder the UCC, a contract will generally fail because one or more terms are left open, (TRUE)A contract without a quantity term is valid. (TRUE)A contract for services is specifically covered by the UCC. TRUEWhether there has been an offer is determined by a subjecive standard. TRUEA says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." There is a contract. TRUEOffers made in jest are always invalid. FALSEB agrees to buy all of her requirements from S. S agrees. The contract fails for lack of a definite quantity term. TRUEA writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15days later. B can nonetheless accept. TRUEWhen an offeree learns from a third party that the offeror has sold the goods. the offer is re-voked. TRUEThe modern view is that once the offeree of a unilateral contract begins to perionin, the offeror may not revoke his promise. FALSEAn offer continues until there is an express revocation of the offer. TRUEA offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer for S100. TRUEA offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke. TRUEUnder the UCC, a non-merchant may make her offer irrevocable without consideration. TRUEIn general, an offeree must affirmatively convey his or her intention to accept an offer to enter into a bilateral contract TRUEA says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. Thereis a contract. TRUEAt common law, an offeree may request additional terms in accepting the offer. TRUEMerchant S accepts Merchant B's offer with an additional clause providing for reasonable interest for overdue invoices. The additional clause is part of the contract. TRUERevocation of an offer sent by mail is elfective upon receipt. TRUElla ained for forbearance of a legal right will constitut esileration TRUEB agrees to buy a house offered by S if B gets a bank loan. There is a contract TRUELaw of contractLaw of contract is an agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
learn more about law of contract: https://brainly.com/question/984979
Why is financial accounting regulated whereas management accounting is not?
Answer:
Managerial accounting differs from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.
Explanation:
Your welcome!
Question 5 of 10
What is division of labor?
O A. Another name for specialization, this is when an individual
focuses on one specific skill in the field.
B. This is when an organization is able to produce goods at a lower
cost and sell for a lower cost to make a profit.
C. This is when an individual focuses on many different skills and
aspects of a business.
D. This is when an organization can produce goods more cost
effectively when it produces higher volumes of that good.
D
Answer:
A.
Explanation:
Another name for specialization, this is when an individual focuses
on one specific skill in the field.
Answer:
A
Explanation:
Because another name for specialization makes more sense
The Dulac Box plant produces 500 cypress packing boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 boxes per day. What has happened to productivity
Nothing has happened to productivity at the Dulac Box plant because the same number of cypress packing boxes are produced per labor hour.
What is productivity?Productivity refers to the efficiency, resourcefulness, or creativity achieved in producing more units of goods and services using fewer production resources.
Productivity can be measured as the quantity of output per unit of input.
For example, the labor productivity at the Dulac Box plant was initially 25 boxes per labor hour under the two 10-hour shifts. When the plant introduced the three 8-hour shifts, total production units increased from 500 to 600 without any increase in productivity.
Data and Calculations:Old production units = 500 boxes
Labor-hours used = 20 (10 x 2) hours
New productivity per labor hour = 25 boxes per hour (500/20)
New production units = 600 boxes
Labor-hours used = 24 (8 x 3) hours
New productivity per labor hour = 25 boxes per hour (600/24)
Thus, there is no change in productivity with the change in shifts.
Learn more about productivity at https://brainly.com/question/2992817
