The value that will be reported in net income for the adjustment is $4000.
Define the term Market value?Market value (also recognized as OMV, or "open market valuation") is the price an asset would fetch in the marketplace, or the fee that the funding neighborhood offers to a particular fairness or business.
Market value—also known as market cap—is calculated by way of multiplying a company's awesome shares through its current market price. If XYZ Company trades at $25 per share and has 1 million shares outstanding, its market value is $25 million.Estimation of market value;
The market cost of a company's fairness is the total cost given by way of the investment community to a business. To calculate this market value, multiply the cutting-edge market charge of a company's stock by using the total wide variety of shares first-rateFor the stated question;
Adjusted value = $64,000 - $60,000.
Thus, the value that will be reported in net income for the adjustment is $4000.
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The complete question is-
Howard Company purchases a trading debt investment on December 1 of the current year for $60,000. The market value of the stock investment at year end is $64,000.
What value will be reported in net income for the adjustment (if any)?
consumer products such as toothpaste and soft drinks undergo extensive adaptation to suit local preferences. True or False
Consumer goods like toothpaste and carbonated beverages go through a thorough customization process. Market consumption capacity is typically ascertained through estimations of energy consumption while evaluating the commercial viability of advanced markets. This claim is untrue.
Examples of products that are revenue include food and utilities. To meet local demands,
Internet, corporate and agency reports, research publications, trade associations, media outlets, bookstores, digital information systems, opponent data, private sales or customer data, and website or app analytics are among the most popular secondary market research techniques.
In primary data research, which of the ones that follow is an example of an external data point?
(1) Government (federal, state, and local); (2) consumer groups; (3) digital enterprises are the primary sources of external secondary sources. (4) International and national organizations. Agronomic statistics.
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Thornton Corporation has extensive liabilities denominated in Cyprus pounds resulting from imports from Cyprus. However, Thorton sells only in the United States and its revenues are denominated solely in U.S. dollars. Thorton has no foreign subsidiaries. Which of the following is probably NOT true?
A) Thornton would benefit from a depreciation of the Cyprus pound. B) Thornton has at least some economic exposure. C) Thorton has at least some translation exposure. D) Thorton has at least some transaction exposure.
Thorton has at least some transaction exposure. Option D
What are Liabilities?
A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
Assets can be contrasted with liabilities. Assets are items you own or owe money to, whereas liabilities are debts or other obligations.
The short-term financial obligations of a company that are due in a year or within its typical operational cycle are known as current liabilities (e.g. accounts payable).
On the balance sheet, obligations that aren't due for more than a year are described to as long-term (non-current) liabilities.
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When one or more people agree to assume unlimited personal liability and responsibility for management of the business, a ____ exists.
a. secret partnership
b. general partnership
c. silent partnership
d. joint venture
e. LLC
When one or more people agree to assume unlimited personal liability and responsibility for management of the business, a general partnership exists.
What is general partnership?
A general partnership is a type of business organization when two or more people concur to divide all the assets, profits, and monetary and legal obligations of a jointly owned company. In a general partnership, partners consent to unrestricted liability, which means that obligations are uncapped and may be settled with the asset forfeiture of an owner. Additionally, any partner could be held liable for the obligations of the company.
Since taxes do not pass via the general partnership, each individual is accountable for their individual tax liabilities, including partnership earnings, on their income tax returns.
General partnerships give participants the freedom to set up their companies anyway they see fit, allowing partners to have more direct control over corporate operations.
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You purchase an interest rate futures contract that has an initial margin requirement of 12% and a futures price of $152,140. The contract has a $125,000 underlying par value bond. If the futures price falls to $145,500, you will experience a ______ loss on your money invested.
A.) 36.37%
B.) 26.00%
C.) 47.37%
D.) 59.37%
Our investment will lose money, and the loss will be 36.37%. The correct answer is option (A).
What is Futures Contract?Futures contracts give investors the ability to leverage their money by allowing them to wager as little as the Margin amount on the movement of an asset's price. The buyer loses money if the price drops, and vice versa.
Initial Futures price = $152,140
Initial margin requirement = 12%
= 12% * $152,140
= $18,256.8
Underlying par value bond price = $125,000
New Futures price = $145,500
The amount of the loss is:
Loss = New futures price - initial futures price
= $145,500 - $152,140
= -$6,640
The loss amount will be deducted from the balance of the margin account.
Balance of current Margin account = Balance of initial Margin account - Loss
= $18,256.8 - $6,640
= $11,616.80
In percentage terms, the loss is:
Loss in percentage = Current Margin account balance / Initial Margin account balance
= 11,616.80/ 18,256.8 - 1
= -36.37%
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a company acquires equipment by signing a note payable. if the note does not bear interest, the company should record the equipment a
An organization obtains gear by marking a note payable. The company ought to record the equipment an in the event that the note does not bear interest.
What does it mean when an asset loses a lot of value and is written down?
As a result, depreciation is the process of reallocating, or "writing down," the cost of a tangible asset (such as equipment) over its useful life. Long-term assets are depreciated by businesses for accounting and tax purposes.
The difference between the asset's book value and its fair value is recognized as a gain or loss.
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What Is Asset Allocation and Why Is It Important? With Example
Asset allocation is the process by which the amount or proportion of the investment portfolio to be allocated to different types of assets is decided, it is of utmost importance as it is an investment strategy.
What is asset allocation?As we have already mentioned, it is a set of decisions that stipulate the proportion of an investment portfolio to be allocated to different types of assets in order to maximize profits.
This process is important because it allows to balance the economy through the construction or business management, this strategy allows to reduce risks and increase profits.
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allow investors with a relatively small amount of money to indirectly hold a diversified portfolio, which allows them to invest in stocks more safely than they could otherwise. True or False
There are many different kinds of portfolio, such as the market portfolio and the portfolio with no investments. Dividend weighting, equal weighting, capitalization-weighting, price-weighting, risk parity,
the capital asset pricing model, arbitrage pricing theory, the Treynor ratio, the Sharpe diagonal (or index) model, the value at risk model, modern portfolio theory, and others are some of the investment approaches and principles that can be used to manage the asset allocation of a portfolio. The performance and returns of a portfolio may be determined using a variety of techniques. The genuine time-weighted strategy is one that many investors in financial markets prefer over more conventional methods such employing quarterly or monthly money-weighted returns. Additionally, a number of methods exist for determining how well a portfolio performed as compared to an index or benchmark,
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refer to scenario 13-3. an economist would calculate ziva's total cost for the day of farming to equal a. $380. b. $130. c. $300. d. $250.
What an economist would determine $380 is the entire cost of farming for Ziva. The correct answer is option (D).
What are Costs?This is the amount that is used to produce products and services. Land, labour, raw materials, capital, and entrepreneurial services are some of the inputs it uses. It is crucial for determining profit and establishing prices.
It is thus since the economic cost takes into consideration both explicit and implicit cost measures. The $130 spent on the seeds in this case is the explicit cost. The value of Ziva's time spent cultivating ($25 per hour) is the implicit cost. A ten-hour period costs $250. Her overall farm cost is the sum of the these two expenses.
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The full question is,
Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant, Ziva helps people organize their houses. Due to the popularity of her home-organizing services, Farmer Ziva has more clients requestion her services than she has time to help if she maintains her farming business. Farmer Ziva chargers $25 an hour for her home-organization services. One spring day, Ziva spends 10 hours in her fields planting $130 worth of seeds on her farm. She expects that the seeds will yield $300 worth of lettuce.What would an economist calculate Ziva's total cost of farming?
A) $300
B) $250
C) $130
D) $380
as temperature decreases the fraction of the total number of atoms that are capable of diffusive motion
As temperature decreases the fraction of the total number of atoms that are capable of diffusive motion decreases.
The proportion of all atoms capable of diffusive mobility decreases with decreasing temperature.
Increased energy from higher temperatures causes the molecules to move more quickly, speeding up the diffusion process. Lower temperatures cause the molecules' energy to drop, which lowers the diffusion rate. Solvent density: The rate of diffusion reduces as a solvent's density rises.
The diffusivity considerably rises as the temperature rises. According to the Stokes-Einstein equation, viscosity and temperature are correlated in the following ways: Because it lowers viscosity, raising the temperature is therefore effective both in and of itself.
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Any confirmation, invoice, sales slip, check, or e-mail may constitute a writing that satisfies the Statute of Frauds.
True
False
A writing that satisfies the Statute of Frauds can be any confirmation, invoice, sales slip, check, or email. IT IS TRUE WHAT IS SAID
The accompanying contracts must all be in writing or backed by a written memorandum according to state law:
1. Deals concerning real estate interests.
2. Contracts that, under their conditions, cannot be fulfilled within a year of the day they were formed.
3. Collateral covenants, such as obligations to pay back someone else's debt or obligation.
4. Promises made with matrimony in mind.
5. Contracts for the sale of products costing $500 or more are covered by the Uniform Commercial Code.
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Which of the following is not a recommendation by the EPA concerning integrating lean and environmental initiatives?
a. Use lean process tools to identify areas of environmental waste.
b. Incorporate environmental, safety, and health data into value mapping.
c. Add environmental waste to the seven wastes of lean.
d. Use lean concepts to eliminate all environment waste.
d. Using lean concepts to eliminate all environment waste is not a recommendation by the EPA concerning integrating lean and environmental initiatives.
the environment can be described as a sum total of all of the residing and non-dwelling factors and their effects that have an effect on human existence. whilst all residing or biotic factors are animals, plants, forests, fisheries, and birds, non-dwelling or abiotic factors consist of water, land, sunlight, rocks, and air.
the instances, items, or conditions through which one is surrounded. : the complicated bodily, chemical, and biotic elements (inclusive of weather, soil, and living things) that act upon an organism or an ecological network and in the end decide its shape and survival. An environment is everything that is around us, which includes both dwelling and nonliving matters inclusive of soil, water, animals, and flowers, which adapt themselves to their environment. it's miles nature's gift that allows in nourishing life on earth.
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when organizations decide to operate internationally, workforce involves decisions about where and how many employees are needed for each facility.
When organizations decide to operate internationally, workforce planning involves decisions about where and how many employees are needed for each facility.
The workforce, also known as the labor force, refers to the pool of people who are either employed or unemployed. It is most frequently used to refer to people who work for a specific company or sector, but it can also refer to a specific geographic area, like a city., state, or country.
The goal of workforce planning is to determine where you have the right people in the right positions. It is ensuring that you have the right number of people with the right mix of skills, knowledge, and experience to assist your organization in reaching its objectives.
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Tom and Jerry are started a custom farming business. They agree to continue to own their existing machinery and lease a large combine. Jerry is a master mechanic, and will take care of all repairs and maintenance in the winter while Tom works at a second job in town. Below are the equipment items Tom will contribute: Item Current Market Value $55,000 Tractor Chisel plow Field cultivator $21,000 $16,000 $18,000 Sprayer Grain drill Grain truck 2 wagons $25,000 $20,000 $8000 Below are the equipment items Jerry will contribute: Item Current Market Value Tractor $67,000 $27,000 $31,000 $12,000 Tractor Planter Disk Soil finisher Cultivator $11,000 $15,000 Grain truck Their other anticipated expenses are as follows: Annual Cost Tom's Share Jerry's Share Item Combine lease $40,000 50% 50% Machinery parts Fuel and lubricants Licenses and fees $15,000 100% S10,000 50% 50% 50% 50% $2000 Marketing and misc. 50% 50% Their expected labor hours are as follows: Tom's Share 1,200 hours 1,000 hours 0 hours Jerry's Share 1,500 hours 1,000 hours Tillage and planting Harvesting Maintenance and repair work 800 hours Develop a budget that shows the value of each person's contributions and the percent of the total that each one of them contributes. This can be used as a guide for dividing the revenue that they generate from their customers. Use the following guidelines: Estimate machinery ownership costs at 17% of the current value of the machinery. Value labor at $12 per hour.
A budget that shows the value of each person's contributions and the percentage of the total that each one of them contributes will be like below.
To find Amount invested in machines by both Tom and Jerry is calculated below:
Line Items Type Tom Jerry M/c Ownership Cost
Tractor Equipment 55000 9350
Chisel Plow Equipment 21000 3570
Field Cultivator Equipment 16000 2720
Sprayer Equipment 18000 3060
Grain Drill Equipment 25000 4250
Grain Truck Equipment 20000 3400
Wagons Equipment 8000 1360
Subtotal 27710
Tractor Equipment 67000 11390
Tractor Equipment 27000 4590
Planter Equipment 31000 5270
Disc Equipment 12000 2040
Soil Finisher Equipment 7000 1190
Cultivator Equipment 11000 1870
Grain Truck Equipment 15000 2550
Subtotal 28900
The cost of ownership at 17% is assumed to be the annual cost of ownership. Finally, we added total costs, each person's contribution and the percentage of Tom and Jerry is calculated using the below table.
Amount in $ Percentage
Contribution by Tom 80610 42%
Contribution by Jerry 110000 58%
Total Contribution towards the Project 190610
We can conclude by stating that Tom has contributed 42% of the investment while Jerry has contributed 58% of the investment.
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an owner who decides to sell can offer seller financing as a strategy for obtaining a higher selling price
An owner who decides to sell can offer seller financing as a strategy for obtaining a higher selling price. So, the given statement is True.
The term "seller financing" describes a type of financing in which a small business owner assumes the role of a bank and assumes responsibility for part of the loan on behalf of the prospective buyer of the business. The buyer then continues to pay the seller on a monthly basis with interest.
Seller finance, also referred to as owner financing or seller carryback, can be advantageous for both buyers and sellers. In many circumstances, it can boost the number of possible buyers and lead to a faster sale. More bidders can afford to purchase the company since sellers might be more flexible when it comes to financing criteria.
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suppose you run a flower delivery business and employ college students to drive the vans and make deliveries. you are considering hiring an additional worker. which of the following information would you need to know to decide whether doing so would increase or decrease your profit?
Hiring new employs for the business would decrease profit.
Reason for decrease in profit-
-the additional cost of another worker
- the number of additional deliveries from another worker
- the value of each additional delivery
Office space costs, including rent, furniture, utilities, cleaning services, and so on. Long commutes can reduce employee job satisfaction and lead to higher turnover. Employees are more likely to socialize at work, resulting in lower productivity.
Hiring good employees can be difficult, expensive, and time consuming if you are not experienced in recruitment. You'll have to invest time and money in advertising translation and interviewing candidates, and the best ones may charge more than your small business can afford.
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What is the right definition for "cookies" through internet when people talk about it?
Answer:
A cookie is information saved by your web browser
Explanation:
A cookie is information saved by your web browser. When you visit a website, the site may place a cookie on your web browser so it can recognize your device in the future.
In the context of the internet, "cookies" refer to small text files that are stored on a user's device when they visit a website. These files can be used to store information about the user's preferences, browsing history, and other data. When the user visits the website again, the website can access the information stored in the cookies to customize the user's experience or track their activity. Cookies can be useful for providing a more personalized experience for users, but they can also be used for tracking and targeted advertising. Users can choose to accept or block cookies through their web browser settings.
Directing a prospective tenant away from a property because you did not feel that he/she
would be comfortable there based on the race of the current residents would be:
a. blockbusting.
b. steering.
c. redlining.
d. legal.
Directing a prospective tenant away from a property because you did not feel that they would be comfortable there is steering
Directing a prospective tenant away from a property because you did not feel that they would be comfortable there is known as steering. Steering is a form of housing discrimination that involves directing or encouraging individuals to live in certain neighborhoods or areas based on their race, national origin, religion, gender, or other protected characteristic.
This practice is illegal under various federal and state fair housing laws, which prohibit discrimination in housing on the basis of these characteristics. Steering a prospective tenant away from a property based on the perception of their comfort or fit, one may be engaging in unlawful discrimination. It is important to ensure that one treats all prospective tenants fairly and equally and does not discriminate against them based on any protected characteristic.
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If Pete was only 20 percent at fault for an auto accident in a state that relies on the contributory negligence standard, he could collect 80 percent of his damages from the other party.True or False
False. In a state that applies the contributory negligence standard, Pete could not recover any damages from the opposing party if he was just 20% at blame for an auto accident.
What is negligence, exactly?
According to the algebraic Learned Hand formula (B = PL), culpability depends on the relationship between investment in precaution (B) and the product of the probability (P) and size (L) of harm as a result of the accident. If PL is greater than B, the defendant should be held accountable.
Which four forms of negligence are there?
Although it may appear simple, there are four different categories of negligence that include gross negligence, comparative negligence, contributory negligence, and vicarious negligence or vicarious liability.
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Heather sells land adjusted basis, $75,000; fair market value $95,000 partnership pays her only $50,000 for the land. to a partnership in which she contro s an 80% capita interest. The a. Heather's realized loss cannot be recognized. Feedback Check My Work Certain transactions between a partner and the partnership are treated as if the partner were an outsider, dealing with the partnership at arm's length.Loan transactions, rental payments, and sales of property between the partner and the partnership are generally treated in this manner. b. The partnership later sells the land to a third party for $80,000. The partnership has a realized gain of and a recognized gain of on its sale of the land.
Heather gains Loss=[tex]25000[/tex]
On the sale of the land, the partnership had a realized gain of and a recognized gain of profit =[tex]30000[/tex]
Loss =C.P. – S.P.
=[tex]$50,000 -$75,000=25000[/tex]
profit =SP-CP
[tex]=$80,000-$50,000=30000[/tex] One of a company's financial statements, an income statement or profit and loss account also known as a profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations, lists the company's revenues and expenses for a specific time period. It describes the process through which revenues are converted into net income or net profit. By examining the income statement, managers and investors can establish whether a company made a profit or suffered a loss during the reporting period. An income statement illustrates a time period . In comparison, the balance sheet shows a single transaction.
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which of these is the best example of an asset
The best example of an asset listed here is the necklace someone is wearing. So b. is the correct option.
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. They are bought or created to increase a firm's value or benefit the firm's operations.
An asset is something that may generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent, or a personal belonging. An asset can also represent access that other individuals or firms do not have.
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The complete question is:-
Which of these is the best example of an asset?
The electricity in a home
The necklace someone is wearing
The coffee someone drank this morning
An old, used airline ticket
on December 31, 20--, the following selected accounts and amounts appeared on the balancesheet for Duncan Company. Determine the amount of the working capital and the current ratio.Building $180,000Prepaid Insurance $1,800Merchandise Inventory $85,000Store Equipment $11,000Unearned fees $1,200Notes Payable (due in six months) $6,000Accumulated Depreciation, Building $62,000Accounts payable $25,000Land $50,000Cash $50,000Store Supplies $1,400Accumulated Depreciation, Store Equipment $8,000Notes Receivable (due in four months ) $1,500Mortgage Payanle (current portion) $4,400Salaries Payable $1,600M. Duncan, Capital $161,500Mortgage Payable (due in four years ) 86,000Working capital ______$Current ratio ______$
According to the following situation, the working capital of Duncan company is $ 101,500 and the current ratio of Duncan company is $ 3.66.
What is working capital?Working capital, often known as net working capital, is the distinction between current assets and current liabilities for a business.
A company's working capital is a gauge of its liquidity and immediate financial stability.
A corporation that has sufficient working capital is able to finance both its ongoing operations and its expansion plans.
Here,
Total of Current assets = Prepaid Insurance + Merchandise Inventory + Cash + Store Supplies + Notes Receivable
Total of Current assets = $1,800 + $85,000 + $50,000 + $1,400 + $1,500
Total of Current assets = $ 139, 700
Total of current liabilities = Unearned fees + Notes Payable + Mortgage Payable + Accounts payable + Salaries Payable
Total of current liabilities = $1,200 + $6,000 + $4,400 + $25,000 + $1,600
Total of current liabilities = $ 38,200
Working capital = Current assets - current liabilities
Working capital = $ 139,700 - $ 38,200
Working capital = $ 101,500.
Current ratio = Current assets / Current liabilities
Current ratio = $ 139,700 / $ 38,200
Current ratio = $ 3.66
Therefore, the the working capital of Duncan company is $ 101,500 and the current ratio of Duncan company is $ 3.66.
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Narcisco Publications established the following standard price and costs for a hardcover picture book that the company produces. Standard price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs $90.00 18.00 9.00 12.60 14.40 Planned fixed costs Manufacturing overhead Selling, general, and administrative $270,000 108,000 Narcisco planned to make and sell 30,000 copies of the book. Required a. d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statements, assuming production volumes of 29,000 and 31,000 units. Determine the sales and variable cost volume variances, assuming volume is actually 31,000 units. Indicate whether the variances are favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Master BudgetFlexible Budgets Volume Variances Number of units 30,000 29,000 31,000 ales revenue Variable manufacturing costs Materials Labor Manufacturing Overhead Variable selling general, and administrative costs Contribution margin Fixed costs None Manufacturing Overhead Fixed selling, general, and administrative costs Net income
The following are the required units for the Pro forma Income Statements, Sales, and Variable Cost Volume Variances. :
Give a brief account on Pro Forma."For the purpose of form" or "as a matter of form" is what "pro forma" means. It serves as a reminder that certain assumptions or expectations were employed while calculating financial outcomes when it appears in financial statements. Pro forma financials aren't calculated in accordance with generally accepted accounting principles (GAAP) and typically omit one-time charges that aren't related to ongoing business operations, like the costs associated with restructuring after a merger.
In essence, a pro forma financial statement can eliminate anything that a firm thinks obscures the veracity of its financial prognosis and can be a helpful piece of information to help evaluate a company's future prospects.
To solve the question :
These are the specifications for the Pro forma Income Statements, Sales, and Variable Cost Volume Variances :
Narcisco Publications
Pro forma Income Statements
29,000 units 30,000 units 31,000 units
Sales Revenue $2,610,000 $2,700,000 $2,790,000
Variable costs 1,566,000 1,620,000 1,674,000
Contribution margin $1,044,000 $1,080,000 $1,116,000
Fixed Costs:
Manufacturing overhead $270,000 $270,000 $270,000
Selling, general, & administrative 108,000 108,000 108,000
Total Fixed costs $378,000 $378,000 $378,000
Operating Income $666,000 $702,000 $738,000
Sales and Variable Cost Volume Variances :
Planned Actual Variance
Budget Budget
30,000 units 31,000 units 1,000 units F
Sales Revenue $2,700,000 $2,790,000 $90,000 F
Variable costs 1,620,000 1,674,000 54,000 U
Data and Calculations :
Standard price
Sales price $ 90.00
Materials cost 18.00
Labor cost 9.00
Overhead cost 12.60
SGA costs 14.40
Total variable costs $54.00
Contribution margin $36.00
Planned fixed costs
Manufacturing overhead $ 270,000
Selling, general, and administrative 108,000
Narcisco anticipated 30,000 units in sales and production.
Planned Actual Variance
Budget Budget
30,000 units 31,000 units 1,000 units F
Sales Revenue $2,700,000 $2,790,000 $90,000 F
Variable costs 1,620,000 1,674,000 54,000 U
Contribution margin $1,080,000 $1,116,000 $36,000 F
Fixed Costs:
Manufacturing overhead $270,000 $270,000 $0
Selling, general, & administrative 108,000 108,000 $0
Total Fixed costs $378,000 $378,000 $0
Operating Income $702,000 $738,000 $36,000 F
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although you do not need to recite all of the information in your works cited list about your source, which of the following should you typically include in your oral citations?
Your oral citations should typically include the document type, the author, the publication date, and the author's credentials.
Malea is making a visual aid for a presentation about volunteering that she is presenting in class. She's trying to convince her audience to do more community service. She has used numerous graphs and images from various charity institutions. She feels good about her presentation and the visual aids she's using. There is just one issue: Malea wants to give credit oral citationsto the organizations for the images and charts, but she is unsure of how to do so in her presentation. You will discover in this course when and how to cite sources in a presentation as well as how to cite sources in a visual aid.
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The scenarios each illustrate a principle of economics. Classify each scenario according to the principle that best fits it.On Black Friday, there are huge sales for electronics at many retail stores. David must decide between buying a camera at one store or a flat screen TV at another store, and buying one means losing out on the ability to purchase the other.An educational software company wants to expand the number of economics questions that it offers and is considering hiring another economist. The company compares how much adding another worker will improve the product to the additional cost.Ava finds that there is not enough time after work to have dinner, exercise, and watch TV, and she must make choices about how to use her limited time.
1. David's decision to buy electronics represents an opportunity cost.
Opportunity costs are the potential benefits that an individual, investor, or business foregoes when choosing one alternative over another. Because opportunity costs are by definition invisible, they are easily overlooked. Understanding the potential missed opportunities when a company or individual chooses one investment over another allows for more informed decisions.
2. The hiring of another economist is based on marginal analysis.
The process of breaking down a decision into a series of 'yes or no' decisions is known as marginal analysis. It is a formal examination of the additional benefits of an activity in comparison to the additional costs incurred by that same activity.
3. Ana's decision about how to spend her time has an opportunity cost.
That is, opportunity cost refers to what you have to give up-at the margin-as a buyer because you can't buy something else if you buy one thing. The marginal cost is the amount of money that a seller or producer must forego in order to sell or produce one more item.
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design an academic goal
An academic goal would be to graduate with a Magna c-u-m laude at college.
What are academic goals ?Academic aspirations are aspirations that relate to furthering your education. They include your courses, grades, and extracurricular activities in addition to the knowledge you learn and the assignments you accomplish as a student.
Being able to pursue your passions and interests while getting ready for the future is a wonderful academic goal for college. You'll improve your grades, become ready for the job market after graduation, and find your professional path if you set realistic goals.
Therefore, setting the objective of earning at least a Magna C-u-m laude degree is an academic goal.
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The price of a video is $3 and the price of a dinner is $9. From this we know that a consumer who is maximizing utility will a. Buy enough of the two goods such that the marginal utility from the last dinner consumed is three times greater than the marginal utility from the last video. b. Buy three times as many dinners as videos. c. Buy rnough of the two goods such that the marginal utility from the last vide is three times greater than the marginal utility from the last dinner consumed. d. Buy three times as many videos as dinners.
The correct answer is C. Buy enough of the two goods such that the marginal utility from the last dinner consumed is three times greater than the marginal utility from the last video. Marginal utility is additional satisfaction that is received when one consumes an additional unit of a good.
In economics, the software is the satisfaction or benefit derived from eating a product. The marginal utility of an awesome or carrier describes how plenty of satisfaction or delight is won by way of purchasers because of the growth or lower in intake by using one unit. There are three varieties of marginal utility.
Marginal application is the delivered satisfaction that a consumer gets from having one extra unit of a good or service. The concept of marginal software is used by economists to determine how a good deal of objects purchasers are inclined to buy. In other words, a bad marginal application indicates that each unit of goods or carrier ate up will do extra damage than suitable, to be able to result in the lower of average software degree, whilst the tremendous marginal utility shows that every unit of products or services consumed will boom the overall software stage.
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which of the following is not a way health insurance helps to save you money
Most health insurance policies set away a portion of your premium in an escrow account so you will have money on hand in case of an unexpected medical need.
Health insurance covers the expenditures of both small and significant medical problems, including operations and care for serious illnesses and incapacitating disorders. In exchange for a monthly premium payment, an insurance company offers to cover all or a portion of your medical expenditures under a health insurance policy.The risk associated with requiring medical treatment is entirely or partially covered by a type of insurance known as health insurance or medical insurance. Similar to other types of insurance, the risk is shared among a number of parties.By evaluating the entire risk of health risk and healthcare system expenditures throughout the risk pool, an insurer can establish a regular financial framework, such as a monthly premium or payroll tax, to give the money to pay for the medical benefits offered in the insurance agreement.Thus this is the meaning of Health insurance.
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Similarity of cultures can make or break an economic union. Although there is great cultural diversity in the European Union, key members share ___________________ and are commonly aware of being European.
The similarity of cultures can make or break an economic union. Although there is great cultural diversity in the European Union, key members share a long-established Christian heritage and are commonly aware of being European.
The European Union is a unique partnership between 27 European countries, known as Member States, or EU countries. Together they cover much of the European continent. The EU is home to about 447 million people, which is around 6% of the world's population. Citizens of the EU countries are also EU citizens. European integration began to take shape in the 1950s, but the modern union was founded in 1992 with the Maastricht Treaty.
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ompute the multifactor productivity measure (output in sales dollars) for each week using the data provided below to produce chocolate bars. assume 40-hour weeks and an hourly wage of $18. overhead is 1.25 times the total weekly labor cost. material cost is $48 per pound. standard price to sell is $150 per unit. (10 points)
MFP 2.49. A measure of economic performance known as multifactor productivity (MFP) contrasts the quantity of output with the quantity of all the inputs utilised to achieve that output.
The efficiency with which labour and capital inputs are combined during production is measured by multifactor productivity, or MFP. Adaptation costs, economies of scale, the effects of imperfect competition, measurement mistakes, network effects, brand names, organisational change, general knowledge, and spillovers from production variables are all reflected in changes in MFP. As a residual, or that portion of GDP growth that cannot be explained by changes in labour and capital inputs, increase in MFP is assessed. In plain English, this means that any changes in output would represent changes in MFP if labour and capital inputs stayed constant between two periods. The yearly growth rates and index used to assess this indicator are both used.
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vystar credit union is a member-owned financial cooperative that is headquartered in jacksonville, florida. it offers a comprehensive selection of products, including deposit and loan services for consumers and businesses, as well as investments, insurance, retirement planning and financial counseling.
Jacksonville is the home of Jacksonville-based member-owned financial cooperative VyStar Credit Union. VyStar assists credit union members in achieving their financial objectives while giving back to the community as a member-owned, member-managed financial cooperative.
What is VyStar?
VyStar is a member-owned, non-profit financial company that makes a straightforward commitment and provides cheap fees and great rates. Members receive first-rate service, favorable rates, and free accounts from VyStar Credit Union. It provides a wide range of goods, including loans and deposits. It provides a wide range of goods, such as deposit and loan services for individuals and businesses, investments, insurance, and retirement.The Union offers a variety of financial products and services, including loans, investments, savings, credit and debit cards, deposit certification, safe deposit boxes, and online banking.
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