Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows:

Thalassines Kataskeves, S.A.
Income Statement—Bilge Pump
For the Quarter Ended March 31
Sales $ 470,000
Variable expenses:
Variable manufacturing expenses $ 123,000
Sales commissions 50,000
Shipping 10,000
Total variable expenses 183,000
Contribution margin 287,000
Fixed expenses:
Advertising (for the bilge pump product line) 23,000
Depreciation of equipment (no resale value) 119,000
General factory overhead 37,000*
Salary of product-line manager 129,000
Insurance on inventories 9,000
Purchasing department 52,000†
Total fixed expenses 369,000
Net operating loss $ (82,000)


*Common costs allocated on the basis of machine-hours.

†Common costs allocated on the basis of sales dollars.



Discontinuing the bilge pump product line would not affect sales of other product lines and would have no effect on the company’s total general factory overhead or total Purchasing Department expenses.

What is the financial advantage (disadvantage) of discontinuing the bilge pump product line?

Answers

Answer 1

Discontinuing the bilge pump product line will tend to bring about financial disadvantage of $150,000.

Given,

Sales = $470,000

Shipping = $10,000

Total variable expenses = $183,000

Contribution margin = $287,000

Advertising = $23,000

Depreciation of equipment = $119,000

General factory overhead = $37,000

So here, the product line tend to serve as group of products which is thus been marketed under a brand.

To know if it will be a financial disadvantage if discontinuing the bilge pump product line, then we have to calculate the fixed cost.

Thus, the fixed cost savings can be calculated as - [$23,000 + $129,000 + $9,000] = $161,000

So, since the company is at a loss of - $250,000

The contribution margin and the  fixed costs saved, which is less [$250,000) - $161,000]

= $89,000

Hence, discontinuing the bilge pump product will bring about financial disadvantage of $89,000.

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Related Questions

given a short-run production function, which of the following is true when total product is increasing at a decreasing rate?

Answers

As given in a short-run production function, the true statement about when a total product is increasing at a decreasing rate is because, the marginal product must be positive and decreasing.

What does a marginal product mean?

In economics, the marginal product is also known as a marginal physical productivity of an input, which means the change in output resulting from employing one more unit of a particular input (such as the change in output when a firm's labor is increased from five to six units) while assuming that the quantities of other inputs are kept constant.

Most time, a positive marginal product often comes when an increase in production inputs results in an overall increase in volume output. For this to occur, then, the businesses must invest more on capital, land, and labor which are the main factors of production.

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A Student Aid Report (SAR)What is Anna’s DRN? What is the purpose of this number?

Answers

Your individual 4-digit code on the FAFSA confirmation page and your Student Aid Report are referred to as your "DRN" or "Data Release Number" (SAR). Your identification is ensured by the 4-digit code.

What does the DRN number serve?

Your application will be granted a four-digit Data Release Number (DRN) by Federal Student Aid. If you want to make adjustments to your FAFSA information, you can do so by giving your DRN to a customer service representative.

My FAFSA data Release number is where can I find it?

Federal Student Aid issues applications with a four-digit identifier called a Data Release Number (DRN). Only the student can see the DRN, which is printed on the student's confirmation page and the top right corner of the Student Aid Report (SAR).

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Cash Company has income from operations of $112,500, invested assets of $750,000, and sales of $1,875,000. Use the DuPont formula to compute the investment turnover.

Answers

Here the DuPont formula is used in order to compute the investment turnover.

Given,

Net income = $112,500

Invested assets = $750,000

Sales = $1,875,000

The DuPont formula is said to be an expanded return on the equity formula, which is calculated by multiplying the net profit margin by the asset turnover.

Profit margin = Net income / Sales × 100

= $112,500 / $1,875,000 × 100

= 6%

Investment Turnover = Sales / Invested Assets

= $1,875,000 / $750,000

= 2.5 times

Rate of return on investment = Profit Margin × Investment Turnover

                                                = 6% × 2.5

                                                = 15%

Hence, the DuPont formula was used in order to compute the investment turnover.

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Which features are drawbacks of digital sales channels? Choose two answers.


Some products will have shipping costs to have the product delivered


Smaller selling range for businesses


Customers must rely on images, reviews, and product descriptions to determine whether or not they will purchase a product


Higher cost of products

Answers

The features that serve as the drawbacks of digital sales channels are:

Customers must rely on images, reviews, and product descriptions to determine whether or not they will purchase a productSome products will have shipping costs to have the product delivered

What is digital sales channels?

A digital sales channel is where your customers buy your products online.

It should be noted that one of the draw back that cxan be attributed to this system is that the consumer might rely on only thr picures that6 is been seen online in making decisions.

Therefore, the first and the third option are correct.

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Answer:

1 and 3

Explanation:

ethical concerns about sharing health data online. This would include the EHR, the patient portal, etc. How are these protected? Do you think current methods are good enough and are working? What about with Web 3.0 - where our online info could lead to customization of our searches? How ethical is all of this?

Answers

There needs to be an increase in encrypted protection of sensitive data to maintain ethics on the EHR, patient portal, etc.

Is Web 3.0 based on ethics?

Technology has revolutionized people's lives in a social and professional way, with the internet being part of work, shopping and personal relationships between individuals. Web 3.0 is configured as an innovative means where the internet can be accessed from any device and where it is possible to exchange data between both, improving the speed with which information is shared.

In order to decide whether this is an ethical tool, it is necessary, in relation to the protection of online information, that it is focused on data security, with information available only when clearly permitted by the user, so that it can be used for commercial purposes and personalization of internet usage for example.

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What is the first thing people should do when creating a budget?
A. Record everything that they spend and what they spend it on
B. Cut spending in every category of expenditures drastically
OC. Put every extra dollar towards paying off their debts
D. Hire an accountant or financial planner to take care of it

it’s A

Answers

When creating a budget people should Record everything that they spend and what they spend it on. The appropriate response is option A.

What is a budget ?

A budget is an estimate of income and expenditures for a given future period of time, and it is often created and updated on a regular basis. A individual, a group of people, a corporation, a government, or pretty much anything else that makes and spends money can all have budgets.

Budgeting is essential if you want to control your monthly spending, be ready for life's unforeseen events, not  falling into debt. Monitoring your income and expenses is a crucial component of budgeting.

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Ahmad nassar, the new executive director of the professional tennis players association, previously worked at which sports player union?.

Answers

The new executive director of the professional tennis players association, previously worked at which sports player union Formerly president of the NFL Players Association's Players Inc.

As we sit up for 2022, a few would possibly surprise if it is time to invite a comparable query approximately the Professional Tennis Players Association (PTPA), the nascent seasoned union that Novak Djokovic and Vasek Pospisil based in September 2020.

The Professional Tennis Players Association (PTPA) – worldwide advocates on behalf of men's and women's expert tennis gamers – nowadays introduced that it has released Winners Alliance, a for-income affiliate, to generate and maximize off-the-courtroom docket business possibilities for gamers and their agents.

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Nelson is documenting all the steps it takes to recruit, hire, and onboard a new employee. What would be the BEST way to describe these steps?

A) hiring workflow
B) hiring dynamics
C) hiring hierarchy
D) hiring org chart

Answers

The best way to describe these steps for recruiting, hiring, and onboarding a new employee would be through a hiring hierarchy. Option C.

What are the steps for hiring?

First, there must be an assessment of the need for specialized personnel, so that the company can then start a structured recruitment/selection process based on requirements such as the employee's experience and education.

After the recruitment process, it is necessary to follow the steps of formalizing the registration of the new employee through a contract and other legal provisions. Integration is also essential so that the employee can adapt to the rules, team and organizational culture.

Therefore, the process of selecting, hiring and integrating a new employee into the company follows a series of essential steps that must be arranged in a hiring hierarchy, so that the process proceeds as planned.

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The type of unemployment resulting from the fact that labor market information is less than perfect is called.

Answers

The type of unemployment resulting from the fact that labor market information is less than perfect is called Frictional unemployment.

Frictional unemployment is a type of short-term unemployment. Frictional unemployment happens when a person is voluntarily task looking or looking for a new career. Frictional unemployment isn't necessarily a horrific aspect. In fact, because frictional unemployment is voluntary, it could be a signal of a wholesome economic system.

Frictional unemployment is a form of unemployment reflecting the distance between a person voluntarily leaving a process and finding any other. As such, it is from time to time called search unemployment, even though it is also gaps in employment when transferring from one job to some other.

Frictional unemployment is the end result of voluntary employment transitions inside an economy. Frictional unemployment occurs in a developing, solid economy.

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Farmer Pete owned a farm that he was planning on selling for about $250,000. He decided to run an advertisement in the local newspaper. Bob saw the
advertisement, called Farmer Pete, and offered to purchase the farm. Later, Farmer Pete wrote Bob a letter, informing him that he no longer would sell him
the farm. Bob really wanted the farm and filed a lawsuit against Farmer Pete, seeking to enforce the contract. Farmer Pete defended on the grounds that
the contract was unenforceable because of the statute of frauds. The letter Farmer Pete had sent to Bob did not contain any of the terms of the sale even
though he had signed it. Bob claimed that the advertisement could be combined with the letter and satisfy the statute of frauds. How will the court
decide the matter?

Answers

The court will bring justice in favor of Farmer Pete and not on the side of bob after looking at all the pieces of evidence.  

What is a courtroom?A courtroom is an enclosed space where a trial takes place before a judge. The court may house multiple courtrooms, Courts are the center of judicial activity and provide a fair environment in which most court proceedings take place. The size and interior design of each courtroom can be based on the specific requirements of the type of hearings and trials that take place in that courtroom.

the chief justice will bring justice in favor of farmer Pete because he planned to sell his land which is an agreement to the sale which is an offer for the public at large, in which the offerer offers advertisement is subject to the public at large at the price mentioned and anyone from aggregate universe can apply for that ad.

so keeping in mind that no actual contract was made between Mr. Pete & Mr. Bob.

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1. Why has ransomware become such a serious global problem?
2. In the Atlanta and Baltimore ransomware attacks, the perpetrators asked for far less money than the two cities ended up paying to recover. Would it not have saved money and time for both cities to have paid the ransom? Why did each city not pay the ransom? 3. Was this a good decision? Draw implications for any organization after a successful ransomware attack. Should organizations pay ransoms?
Are your personal digital files adequately backed up? Why or why not?

Answers

1. Ransomware is one in all the largest cybersecurity issues on the net and one of the largest forms of cybercrime that enterprises face today. Ransomware is a shape of malicious software – malware – that encrypts files and documents on anything from a single pc all the way as much as an entire community, together with servers.

2. For my part it would now not have saved them money and time because the perpetrators might have visible this as a weak point and could have requested for more money, or not released what they stated they could.

The towns have been able to feature, despite the fact that at a slower pace, just as they had been before they just didn’t have the assist of the generation from before. They paid the decrease charge and negotiated and were nevertheless capable of get control returned.

3. I think this turned into a great decision because they would have placed themselves in numerous debt which would were very terrible for the humans of the city.

I do now not assume that corporations have to pay ransoms, I think you can good deal with the wrongdoer and advantage get entry to without losing a lot money.

Ransomware is a form of malware from cryptovirology that threatens to put up the victim's personal information or permanently block get entry to to it except a ransom is paid.

At the same time as some easy ransomware may additionally lock the system without damaging any files, extra superior malware makes use of a technique known as cryptoviral extortion.

Ransomware is an ever-evolving shape of malware designed to encrypt documents on a tool, rendering any files and the systems that rely on them unusable. Malicious actors then demand ransom in change for decryption.

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Which of the following is filling the role of a consumer?

Answers

The following is filling the role of a consumer - A consumer is some-one who buys things, like at a super-market. Lets say someone purc-hased ice cream, they are a consumer.

What is the role of a consumer?

A consumer also is call-ed the end user. The consumer is the one who pays some-thing to consume goods and ser-vices produced. As such, con-sumers play a vital role in the econ-omic system of a nation.

Without consumer dem-and, producers would lack one of the key motiv-ations to produce: to sell to consumers. Consumer is the per-son who uses the product and/or service.

Complete question -

Which of the following is filling the role of a consumer?

A. A consumer is some-one who buys things, like at a super-market.

B. Courtney orders chicken for her company picnic

C. Mario plays a computer game with his sister

D. Latoya buys software for her business start up

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"Copyrights and patents are examples of barriers to entry.
a. True"
b. False"

Answers

True- The government creates legal barriers through patents, copyrights, and granting exclusive rights to companies.

Copyrights and patents are examples of barriers to entry, is the True statement. Hence, option A is correct.

What is Copyrights?

Copyright, a kind of intellectual property, protects original works of authorship as soon as the author fixes the work in a tangible form of expression. Examples of copyrighted works include written content, images, visual art, audio, and video.

There are two types of rights under copyright: economic and moral. Economic rights allow the right owner to make money when others use their works, while moral rights protect the author's non-commercial interests.

It must be an original work of authorship, fixed in a tangible medium of expression, and be a work of authorship in order to qualify for copyright protection.

Thus, option A is correct.

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Monica is working the front desk checking in patients. A parent brings in her daughter to be seen for an upset stomach. When Monica asks for her if anything has changed with her insurance, the parent asks that a bill be sent to her father instead of billing the insurance. Discuss the procedure for handling the parent’s request.

Answers

The procedure for handling the parent’s request is to call the insurance company first to enquire if you they've am active insurance and if they don't, the bill can be sent to the father.

What is insurance about?

Most people have insurance, whether it is for their car, their home, or even their life. Simply put, insurance is a contract, represented by a policy, under which a policyholder receives financial protection or reimbursement from an insurance company in the event of a loss. The company pooled the risks of its clients in order to make payments more affordable for the insured.

Insurance policies are used to protect against the risk of large and small financial losses resulting from damage to the insured or their property, or from liability for damage or injury caused to a third party.

Monica is checking in patients at the front desk. A mother brings her daughter in for treatment of an upset stomach. When Monica inquires about any changes to her insurance, her parent requests that a bill be sent to her father rather than billing the insurance.

In this case, if they have an active insurance, the insurance company will take charge of the payment.

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A deposit of $10,000 offering a nominal interest rate of 3 percent would pay how
much interest in six months?
OA. $300
OB. $400
C. $100
OD. $150

Answers

Interest would be earned on a $10,000 deposit at a nominal 3% rate in six months. It would be $400.  Thus, option (B) is correct

What is the rate?

A number, amount, or degree measured in relation to another object. She typed at a speed of 80 words per minute. : a charge or payment based on another quantity. more specifically: the premium per insurance unit. A rate in mathematics is the comparison of two related values expressed in different units. [1] The numerator of the ratio expresses the corresponding rate of change in the other (dependent) variable.

The net present value of a project is negative if the internal rate of return is greater than the required rate of return. The internal rate of return for an investment project with a project profitability index of -0.05 is lower than the discount rate. Interest would be earned on a $10,000 deposit at a nominal 3% rate in six months. It would be $400

Therefore,  Thus, option (B) is correct

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ERISA mandates that all employees must have the opportunity to be vested in their pension so that

A: the plan will continue to earn money regardless of the state of the stock market

B: companies can offer pension plans to domestic partners as well as married couples

C: the plan will stay with the emplyoyee regardless of whether the employee stays with the company

D: the plan will be guaranteed by the Pension Benefit Guaranty Corporation

Answers

ERISA mandates that all employees must have the opportunity to be vested in their pension plans so that the plan will stay with the employee regardless of whether the employee stays with the company. The Option C is correct.

What was vesting mean in Pension?

To an employee, a vesting in a retirement plan means having an ownership; this means that each employee will vest or own a certain percentage of their account in the plan each year.

An employee that is 100% vested in his or her account balance owns 100% of it and he/she employer cannot forfeit or take it back for any reason. The amounts that are not vested may be forfeited by employees when they are paid their account balance. For example, if the employee terminates employment.

In conclusion, in addition, an employee's own contributions to the plan are also always 100% vested or owned by the employee.

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Calculate the quick ratio or acid test ratio based on the information below: Total current assets 120 Total current liabilities 80 Inventory 55 Accounts receivable 35 Cash 30 Long-term debt 100

Answers

The quick ratio or acid test is : 0.81.

How to find the  quick ratio or acid test?

The quick ratio or acid test can be calculated by deducting the inventory for the current assets and the dividing it by current liabilities.

Now let find the the quick ratio or acid test using this formula

Quick ratio = Total current assets  - Inventory / Total current liabilities

Where:

Total current assets = 120

Total current liabilities = 80

Inventory = 55

Let plug in the formula

Quick ratio or acid test =  120 - 55 /80

Quick ratio or acid test = 65/80

Quick ratio or acid test  = 0.81

Therefore we can conclude that the Quick ratio or acid test  is 0.81.

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This company's quick ratio (acid test ratio) is 0.8125. This shows that for every dollar of current liabilities, the company has 81.25 cents in liquid assets, which can be used to assess the company's capacity to pay short-term debt.

The quick ratio is a financial metric that helps to evaluate a company's short-term liquidity position. It's calculated by dividing the company's liquid assets (cash, accounts receivable, and marketable securities) by its total current liabilities. Here's the step-by-step calculation:

1. Identify the liquid assets: In this case, we have cash ($30) and accounts receivable ($35). Inventory is not considered a liquid asset for the quick ratio, so we don't include it.

2. Add up the liquid assets: Cash ($30) + Accounts receivable ($35) = $65

3. Identify the total current liabilities: In this case, it's $80.

4. Divide the liquid assets by the total current liabilities: Quick ratio = Liquid assets / Total current liabilities = $65 / $80 = 0.8125

So, the quick ratio (acid test ratio) for this company is 0.8125. This indicates that the company has 81.25 cents in liquid assets for every dollar of current liabilities, which can help determine the company's ability to meet its short-term obligations.

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If a working environment becomes toxic the productivity of all workers will decline. What will happen to the average cost of production as a result?.

Answers

If a working environment becomes toxic the productivity of all workers will decline. Average cost increases.

Productivity, a metric of economic performance, compares the output (amount of goods and services produced) with the input (amount of resources used to produce those goods and services). There are two common approaches to estimate productivity: output per worker and output per worker/hour. For a manufacturing organisation, productivity can be measured by the quantity or price of the finished goods each employee can produce in a given period of time. Employee productivity, sometimes referred to as workforce productivity, is a measure of an individual employee's or a group of employees' effectiveness. Productivity can be calculated based on an employee's output over a specific time period. The common definition of productivity is the volume of output divided by the volume of inputs.

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discuss increases in output related to short-run changes in capacity

Answers

Increases in output related to short-run changes in capacity a corporation must boom the quantity used of a variable input.

The corporation's deliver curve withinside the brief run is its marginal fee curve for expenses above the common variable fee. At expenses underneath common variable fee, the corporation's output drops to zero.

The long term is a length capacity sufficient to make all fees variable which includes such fees as are constant withinside the brief run. In the quick run, versions in output are viable handiest withinside the variety authorized through the prevailing constant plant and equipment.

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Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Jabari Steel Company are $375 and $60, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Equivalent Units Conversion Inventory in process, October 1 0 320 Started and completed during October 14,800 14,800 Transferred out of Rolling (completed) 14,800 15,120 Inventory in process, October 31 1,200 300 Total units to be assigned costs 16,000 15,420 The beginning work in process inventory on October 1 had a cost of $318,560. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department. Line Item Description Amount Completed and transferred-out production $fill in the blank 1 Inventory in process, October 31 $fill in the blank 2 Total costs assigned by the Rolling Department

Answers

The computation of the number of equivalent units of production is shown below:

For Materials:

= Transferred units × Completion percentage + ending work in process units × completion percentage

= 14,800 units × 100%  + 2,000 units × 100%

= 14,800 units + 2,000 units

= 16,800 units

For Conversion cost:

Transferred units' completion % plus the beginning process activity command's remainder percentage plus the closing work in process unit unit's completion rate.

= 1,200 units × 75% + 14,800 units + 2,000 units × 40%

= 900 units+14,800 units +800 units

= 16,500 units

Transferred units is

= 16,000 units - 1,200 units = 14,800 units

A percentage was typically referred to in math and science as a multiple of a few or ratio, which is written as a fraction of 100. Even while the abbreviation "pct.", "pct" additionally, and lately "pc" are also used, it is frequently indicated by employing the percentage sign,%.

A % is also referred to as a dimensionless quantity, one that has natural variation but no fixed dimensions or units.

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You have been managing a $5 million portfolio that has a beta of 1.25 and a required rate of return of 13.375%. The current risk-free rate is 4%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 1.55, what will be the required return on your $ 5.5 million portfolio? Do not round intermediate calculations. Round your answer to two decimal places.

Answers

You have been managing a $5 million portfolio that has a beta of 1.25 and a required rate of return of 13.375%.  the required return on your $ 5.5 million portfolio is

r(m) = 11.709%

What is the expected return?

Generally, The value of the return that is anticipated on a financial investment is referred to as the expected return. It is a measurement that pinpoints the middle point of the distribution of the random variable that represents the return.

The equation for expected return is mathematically given as

r(m) = r(f) +b*r(p)

Therefore

r(m) = expected return = 13.375%

r(f) = risk free rate = 4%

b = beta = 1.25

r(p) = risk premium

so,r(p) =(12 - 4)/1.25 = 6.4%

for portfolio,

r(m) = r(f) + (b1*w1+b2*w2)*r(p)

b1 = 1.25

w1 = 5/5.5

b2 = 0.75

w2 = 0.5/5.5

r(m) = 4 + (1.25*(5/5.5) + 0.75(*0.5/5.5))*6.4

r(m) = 11.709%

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Use shifts in the supply and demand curves to illustrate the effects of the following events on the apple market. Please clarify the trend of change in price and quantity sold.
a. Scientists announced the conclusion of a new study that eating an apple a day is good for health.
b. The price of oranges is three times more expensive
c. Drought reduces apple production by a third of the normal harvest.
d. Thousands of workers turned to apple growers.

Answers

a) Scientists announced the conclusion of a new study that eating an apple a day is good for health, the result on the graph for the demand for apples is that demand will shift to the right creating pressure on price, which will lead to increased supply.

b) The price of oranges is three times more expensive; This will trigger a leftward shift in the demand for oranges thus putting downward pressure on price and inherently on supply.

c) Drought reduces apple production by a third of the normal harvest. This will create scarcity thus causing prices to increase along the existing demand curve.

d) Thousands of workers turned to apple growers. This will trigger a right-ward shift on the supply curve of apples. In the short run, this will cause a glut of apples in the market creating a downward push on the prices of apples.

The above are predicted based on the Laws of Demand and Supply.

What are some of the Laws of Demand and Supply?

The four basic rules of supply and demand are as follows:

If supply grows while demand remains constant, prices will fall.Prices will decline if supply remains steady and demand falls.Prices will rise if supply falls and demand remains constant.Prices will rise if supply remains steady and demand rises.

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Which of the following statements does not reflect the role of salespersons within a​ company?
A. Salespeople represent customers to the company.
B. The concept of​ salesperson-owned loyalty describes the loyalty that salespersons have toward the company.
C. Salespeople relay customer concerns about company products and actions back inside to those who can handle them.
D. Salespeople act as​ champions of​ customers' interests and managing the buyer-seller relationship.
E. Salespeople learn about customer needs and work with other marketing and nonmarketing people in the company to develop greater customer value.

Answers

The statement that does not reflect the role of salespersons within a company is that A. Salespeople represent customers to the company.

How is the information illustrated?

The concept of salesperson-owned loyalty describes salespeople's loyalty to the company. Customers' concerns about company products and actions are relayed back to those who can handle them by salespeople.

Salespeople advocate for customers' interests and manage the buyer-seller relationship. Salespeople learn about customer needs and collaborate with other marketing and nonmarketing employees to increase customer value.

This is a false statement. Customers are not represented by salespeople. They seek customers and market a company's goods and services to them.

Therefore, the correct option is A.

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when a manufacturer ships hdtvs to best buy’s distribution center, it sends a(n) ________ to the distribution centers to tell the retailer exactly what to expect in the shipment.

Answers

When a manufacturer ships hdtvs to best buy’s distribution center, it sends an Advanced Shipping Notice to the distribution centers to tell the retailer exactly what to expect in the shipment.

What is the purpose of the Advanced Shipping Notice?

The purpose of the Advanced Shipping Notice is to be able to notify about the shipping that is coming forth.

It should be noted that the distribution centre usually make use of this so as to know the type of the product that is needed to be shipped and how the process will go.

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The plantwide overhead rate method is most appropriate for companies which have:________.

Answers

The plantwide overhead rate is applicable to companies which have a single product.

What is the plantwide overhead rate?

The plantwide overhead rate is a single overhead rate used by a company to allocate all of its manufacturing overhead costs to specific products or cost objects. It is most commonly used in smaller organizations with simple cost structures.

Using a plantwide overhead rate is acceptable when :

The total amount of overhead to be allocated is so small that using multiple allocation rates to achieve a higher level of allocation accuracy is unnecessary;The services provided by the various company departments are relatively similar ; orThe single allocation base is adequate for allocating all of the overhead costs.

Therefore, single plantwide overhead rate is not acceptable if a company has a large amount of overhead to allocate, services provided by the various departments are highly differentiated. It is applicable to a small single product company.

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Would you expect a $1 increase in a call option’s exercise price to lead to a decrease in the option’s value of more or less than $1?.

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The call price will decrease by less than $1.

In order to buy or sell an underlying security while trading a call or put option, the exercise price must be met. When a deal is initiated by an investor, the strike price, another name for it, is known.

The predetermined cost, also referred to as the striking price or exercise price, is a crucial component of an option contract. When an option is exercised, the underlying futures contract is purchased (in the case of a call) or sold (in the case of a put) at the predetermined strike price.

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11. Discuss the various forms of notations

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Based on the business process model and notations, the various forms of notations include the following: Private business processes, Abstract processes, and Collaboration processes.

What is Business Process Model and Notation?

The Business Process Model and Notation is a term that is used to describe the graphical expression for defining business processes in a business process model.

The Various Forms of Notations include the following: Private business processes: this is also known as the Internal business process. It is used mostly for internal processes in an organization.

Abstract processes: this is also known as Public. a process which is used to represent the interactions between a private business and other individuals or clients.

Collaboration processes: this is also known as the global process which is used to communicate between two or more business firms.

Hence, in this case, it is concluded that there are three major forms of notation in business.

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Question 17 of 20
The supply of a good available in a market is likely to increase when:
A. technology used to make the product is not widely available.
B. few workers have the skills needed to create the product.
C. companies believe that the product's selling price will go up.
D. new regulations increase the cost of making the product.
SURMIT

Answers

Answer:

C.

Companies believe that the product's selling price will go up.

What changes the value of the dollar?

Answers

There are a number of factors that changes the value of the dollar; whether in favor or not.

The country's monetary policiesDemand for dollarInternational tradeEconomic growthInflation

What causes a change in dollars value?

The value of dollars appreciate or depreciate when;

The demand for dollar is high or low. For example, the global community usually want their investment secured with a stable currency. Some of them prefer their investments in dollars. This means that the demand for dollars increases and also it value appreciates. If people don't demand for dollars, and the country has little investors, the dollar depreciates.

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The things that lead to changes in the value of the dollar include:

Inflation Monetary policy Demand and supply of the dollar

What causes the value of the dollar to change?

Inflation can lead to a change in the value of the dollar because higher prices basically mean that currency is falling in value. Monetary policy can also lead to a change in the dollar because the quantity of money in the economy can influence the value of it.

Then there is also demand and supply. If more people demand dollar assets than the supply, the value of the dollar would go up and vice versa.

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The costs associated with legally required benefits are typically more than half of the total benefit costs. True False

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The costs associated with legally required benefits are typically more than half of the total benefit costs. The above statement is False.

What is the meaning of the total benefit costs?

Total benefit costs. The net gain a customer receives from consuming a specific amount of a commodity is measured by consumer surplus. It can be conceptualized as the discrepancy between the consumer's willingness to pay and actual payment.

In general, Total cost-benefit analysis entails totaling all of the costs associated with a project or decision, subtracting that sum from the predicted benefits, and calculating the net result. (This value is sometimes shown as a ratio.)

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