The variable cost to produce a slice of cake is $1. The bakery wants to implement a two-part tariff. Per-unit-price the bakery should charge must be equal to the per unit cost i.e. $1.
What is a variable cost?
Variable costs are company costs that change in proportion to how much the company produces or sells. Variable costs rise or fall based on a company's volume of production or sales—they rise as production rises and fall as production falls.
Examples of variable costs include a manufacturing company's cost of raw materials and packaging—or a retail company's credit card transaction fees or shipping costs that rise or fall with sales. Variable costs can be compared to fixed costs.
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Henry and walter open savings accounts at the same time. henry invests $6,500 at 4.54% simple interest, and walter invests $7,100 at 4.74% simple interest. after eight years, how much more interest has walter earned than henry? a. $331.52 b. $420.67 c. $631.52 d. $719.59 please select the best answer from the choices provided a b c d
After 8 years, Walter will earn (A) $331.52 interest from Henry.
Bank interest is a fee paid when paying for services for borrowing money provided by the bank within a certain period of time. Interest is determined by a percentage of the total deposit or loan amount.
Bank interest is divided into credit interest rates and savings interest rates. The loan interest rate is a certain price that the customer must pay to the bank in return for the loan obtained. While the savings interest rate is a certain amount paid by the bank to customers in return for their savings.
Bank interest has its own functions and benefits. For banks, interest is a source of income for banks. For example, when a bank offers assistance in the form of credit that can be borrowed with terms and conditions that apply to customers. The borrowed loan will be returned to the bank in monthly installments plus the interest rate agreed by both parties during the loan agreement. So, interest from credit installments can be a net input for banks.
The formula of interest rate is = Principle x Interest rate x Time
Interest rate of Henry:I = $6,500 x 0.0454 x 8 = $2360.8
Interest rate of WalterI = $7,100 x 0.0474 x 8 = $2692.32
The difference between Henry's and Walter's interest calculated is $2692.32-$2360.8 = $331.52
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Willow rentals purchased office supplies on credit. the general journal entry made by willow rentals will include a:__________
Willow rentals purchased office supplies on credit. the general journal entry made by willow rentals will include a: Credit to accounts payable.
Debit and credit are terms used by bookkeepers and accountants when recording transactions in the books of account. The amount of each transaction must be entered in one account as a debit (to the left of the account) and in another as a credit (to the right of the account). This double-entry system ensures the accuracy of accounting records and financial statements.
The initial challenge was to figure out which accounts would have debit entries and which would have credit entries. Before explaining and illustrating debits and credits in accounting and bookkeeping, we will discuss the accounts where debits and credits will be posted or posted.
To organize a company's financial data, accountants have developed a system for organizing transactions into records called accounts. When setting up a company's accounting system, the accounts most likely to be affected by the company's transactions are identified and listed.
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The most basic and important considerations in determining the enforceability of the arbitration clause in the employment agreement between ricky and tropicana are:__________
The Policy Statement on Mandatory Binding Arbitration of Employment Discrimination Disputes as a Condition of Employment was adopted by the Commission on July 10, 1997 (Policy Statement).
Since its publication, the Supreme Court has decided that the Federal Arbitration Act (FAA), which governs disputes between employers and workers, permits arbitration agreements relating to employment to be enforced. Adams v. Circuit City Stores, 532 U.S. 105 (2001). The Court has rejected objections to using the arbitral arena in numerous arbitration-related matters it has handled since 1997, both inside and outside the context of employment discrimination claims. These choices are in opposition to the 1997 Policy Statement.
The EEOC remains completely accessible to employees as a means of claiming EEO rights and conducting investigations in the public interest, regardless of whether the parties have signed into an enforceable arbitration agreement, according to recent case law. The Supreme Court ruled in 1991 that an arbitration agreement did not bar a person from filing a charge and requesting that the EEOC look into their claim.
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It becomes easier for people to see their own opportunities for leadership when they?
It becomes easier for people to see their own opportunities for leadership when they stop equating leadership with greatness and public visibility.
Leadership: The capacity to influence and direct followers or other members of an organization is referred to as leadership.
An organization's resources can be directed for increased efficiency and goal achievement through leadership, a crucial management role. Clarity of purpose, inspiration, and direction are provided by effective leaders, which helps the organization achieve its goals.
It becomes easier for people to see their own opportunities for leadership when they stop equating leadership with greatness and public visibility.
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Do the observations by patricia hewitt make any sense in economic terms? explain.
YES, his observation does make sense in economics, more about the sponsorship in the game by the management committee as they show the money initiated by the which company and how much they are paying.
And the public does think that economics is less and some think that the prize money is equal but it is totally dependent on the number of funds they are having for the match and the sponsor's money and taking out some as their profits.
For a player to win a match they have to do hard training and hard labor over it and to receive something that is not useful for the player in any way is better to get the amount paid to them as a reward for their winning so that they can be able to invest that money on the area of there interest or there need. Yes, we can not measure a win with some amount of money by as per the rule offering a prize its a better option in respect of others.
No, the length of the playing time can not measure the amount of prize it's not relevant as every game is tough to play and need lots of energy and dedication and for every player its tough to get trained daily and work hard for there match. Every game needs training and hard work. It is the requirement of the game that it takes less time duration but the energy and dedication are equal so, time can not measure the amount of the prize.
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Would the atom economy for the original wittig reaction (as described in the theory in this manual, using the same reactants) be the same or different? explain your answer
Although, the Wittig response has a low atom financial system, because triphenylphosphine oxide is fashioned as a byproduct; but, this reaction can be advanced in the absence of solvent.
Because addition reactions in standard result in the incorporation of all the atoms of the reactants into the very last preferred products, addition reactions result in high atom economy. From an atom financial system factor of view, addition reactions are thus environmentally premiered to removal and substitution reactions.
The atom economy of a selected response can only be progressed with the aid of locating a use for the alternative product, which makes it some other preferred product.
The atom economic system of a reaction is a measure of the quantity of starting materials that become as useful products. It's far essential for sustainable improvement and for monetary reasons to use reactions with high atom economy.
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Why would current critics of fiat money urge governments to return to a gold standard?
The current critics of fiat money urge governments to return to a gold standard because they fear the government would issue too much money.
What is Fiat money?In a broad sense, fiat money refers to any forms of currency that have been declared legal tender by a government edict or fiat.However, the phrase is typically used to refer to legal tender coins or paper money with face values significantly in excess of their intrinsic worth and that cannot be redeemed for gold or silver. fiat cash.It is often proclaimed to be legal currency by a government edict.Fiat money has occasionally been printed by regional banks and other organisations throughout history. Fiat money is often created in the contemporary period via government legislation.In most cases, fiat money is worthless and has no useful use.It only has value because those who use it as an accounting unit or a means of exchange, in the case of money, concur that it has worth.They have faith that other individuals and businesses will accept it.To know more about fiat money, refer to the following link
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Explain the difference between materiality and cost benefit when preparing financial statements.
The difference between materiality and cost -benefit while preparing financial statement are given below-
According to the cost benefit principle, the cost of providing information through financial statements should not outweigh its utility to readers. The main point is that some financial data is prohibitively expensive to produce. whereas the significance of information in a company's financial statements is referred to as materiality. If a transaction or business decision is significant enough to warrant reporting to investors or other users of financial statements, it is considered "material" to the business and cannot be omitted.
A cost-benefit principle includes measurable financial metrics such as revenue earned, or costs saved as a result of a project decision, whereas the concept of materiality allows for the provision of ignoring other accounting principles if doing so has no impact on the financial statements of the business in question.
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In a customer service center, there are 18 complaints dropped per minute. what is the probability that the number of complaints in the next minute will be not more than 4 and not less than 2?
Poisson value for X =2 ,3, 4 is 2.46726E-06, 1.48035E-05 and 6.66159E-05 respectively.
Let us define a random variable X = number of complaints per minute Then X can be modelled as a Poisson variable with mean m = 18
We require P( 2<= X < = 4 ) =P(X=2)+P(X=3 ).P(X= 4) = 0.0000838867
Siméon Denis Poisson, a French mathematician, gave the Poisson distribution its name to describe how often an event is likely to occur over a period of time of "X". When an interesting variable is a discrete count variable, poisson distributions are used. In a Poisson distribution, e is constant and roughly equal to 2.71828, and represents the distribution's mean.
A discrete probability distribution is a Poisson distribution. It provides the likelihood that an event will occur a specific number of times (k) over a predetermined period of time or space. The mean number of events (lambda), which is the only parameter of the Poisson distribution, must be considered.
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(q011) what might be the reason why gay and lesbian couples spend twice as long doing domestic chores as their heterosexual equivalents?
Same-sex couples see domestic work as legitimizing their households, which makes domestic work a validating activity.
An equal-sex relationship is a romantic or sexual relationship among human beings of equal intercourse. same-intercourse marriage refers back to the institutionalized recognition of such relationships within the form of a wedding; civil unions may exist in international locations wherein identical-sex marriage no longer.
Opposite- or equal-sex popularity refers to whether or not the spouses or companions are of the opposite sex or equal intercourse. A couple own family refers to a family that carries a married or common-law couple.
Same-intercourse marriage, also called homosexual marriage, is the wedding of people of the identical sex or gender.
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An easement is a type of:_____.
a. nonpossessory interest
b. estate
c. lien
d. encroachment
An easement is a type of Nonpossessory interest.
The phrase "nonpossessory interest in land" is used in the law of property to refer to a group of rights that one person has to utilize land that is owned by another. Such rights may often be established in one of two ways: either by an express agreement between the parties who own the property and the parties seeking to acquire the interest, or through a court ruling. With a possessory lien, the lender keeps the underlying collateral in its possession until the loan or agreement is fully repaid. In the course of repayment, nonpossessory loans give the borrower actual possession of the asset.
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What are the advantages and disadvantages of changing the company organization from a sole proprietorship to an llc?
The advantage of changing the company organization from a sole proprietorship to an llc include personal liability protection and, tax flexibility while the disadvantage is that it's more tedious than sole proprietorship.
What is a sole proprietorship?A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.
The definition of a limited liability company (LLC) is a type of business structure where the owners are referred to as "members" and are partners in a business entity with all the protection of a corporation as well as the option to pass through any business profits and losses to their personal income tax return.
In conclusion, the advantage of changing the company organization from a sole proprietorship to an llc include personal liability protection and, tax flexibility while the disadvantage is that it's more tedious than sole proprietorship.
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The most obvious cultural distinction a company must take into account when deciding to undertake international business is:________
The most obvious cultural distinction a company must take into account when deciding to undertake multinational business is language.
In addition to its intrinsic fee, culture presents vital social and monetary benefits. With advanced studying and health, elevated tolerance, and opportunities to come together with others, tradition complements our nice of lifestyles and increases usual nicely-being for both people and communities.
Placed honestly, your cultural identity is the feeling that you belong to a group of human beings like you. that is frequently due to shared features like birthplace, traditions, practices, and ideals. artwork, songs, and meals additionally form your cultural identity.
Cultural values are the core concepts and beliefs upon which a whole network exists and defend and depend on for existence and harmonious relationship.
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Exchange traded funds:_________
a. cannot be sold short.
b. have a high management fee.
c. can be bought and sold like common stocks.
d. are exactly the same as index mutual funds.
Answer:
a cannot be sold short
Explanation:
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If point a represents alice’s current production and point b represents betty’s current production, under what circumstances can both alice and betty benefit from specialization and trade?.
If point a represents alice’s current production and point b represents betty’s current production, then, Alice produces more lemonade and Betty produces more pizzas
The term "current production" refers to the amount that is less than the lesser of the previous month's production of each of product of sale, calculated separately, by the borrower and its subsidiaries, and the Current Production, as reasonably determined by the borrower, of each of product of sale, calculated separately, by the borrower and its subsidiaries for each month for the period ending no earlier than the latest month for which volumes are hedged under swap agreements. Current Production that occurs at the moment, or during the measurement time. Current Production refers to the amount of product of sale produced by the Borrower and its Restricted Subsidiaries during the previous month, divided by the actual product equivalent for each month.
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The question was incomplete as the graph was not included. Check below the full question.
If point a represents alice’s current production and point b represents betty’s current production, under what circumstances can both alice and betty benefit from specialization and trade?.
If nominal gdp in 2019 exceeds nominal gdp in 2018, then the production of output must have.
If nominal GDP in 2019 exceeds the rate of nominal GDP in 2018, then the production of output must have risen or fallen because there is not enough information to determine what happened to real output.
The rate of Real GDP increased by 2.3 percent in 2019 which is from the year 2018 annual level to the year 2019 annual level as it is compared with an increment of 2.9 percent occurred in 2018.
The increase in the rate of real GDP occurred in 2019 made a major reflection in the positive contributions from PCE, in the field of nonresidential type of fixed investment, spending of the federal government, spending of state and local government, and the private type of inventory investment that were partly offset by those negative contributions from the part of residential fixed investment.
The deceleration takes place in real GDP in 2019 as it is compared to 2018 which primarily reflects decelerations in the nonresidential type of fixed investment and consists of a downturn in exports, which were partly affected by the offset as by accelerations in both states, local as well as spending of the federal government. The number of Imports increased less in 2019 than occurred in 2018.
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One of the most frequently overlooked tax deductions is: ___________
a) student loan interest paid by parents.
b) real estate taxes.
c) state income taxes.
d) tax preparation fees.
e) federal income tax you paid last spring.
One of the most frequently overlooked tax deductions is a) student loan interest paid by parents.
The student loan interest deduction is a federal tax benefit that allows borrowers to deduct up to $2,500 of competent interest on student loans from their taxable income. It is one of numerous tax relief accessible to students and their families to aid with the higher education costs. To meet the criteria for the deduction, individuals must satisfy definite eligibility requirements, which include filing status and level of income.
Features of student loan are:
The loan must be obtained during a semester within which the student is registered at least 50 percent in a program that leads to a degree, certificate, or other acknowledged professional qualification.The loan can only be utilized for competent expenditures (tuition, fees, teaching materials, necessary items, and equipment), not room and board, student welfare fees, health coverage, or transportation.Learn more about student loan here:
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When a project manager is engaged in negotiations. nonverbal communication skills are of:_________
When a project manager is engaged in negotiations. nonverbal communication skills are of major importance.
What are nonverbal communication skills?
Nonverbal signals are ways of communicating without using words or written texts. They can convey a variety of information or highlight specific attitudes and moods.
Using gestures, facial expressions, and eye contact are just a few examples of how body language may be used to convey different ideas. In addition to verbal communication, nonverbal communication provides additional meaning, information, and indications.
Two-thirds of all communication, according to some scholars, occurs nonverbally. Nonverbal communication can convey a message by using the appropriate body language or gestures in addition to spoken words.
Physical characteristics, conscious and unconscious movements, and the redefining of personal space are all examples of body signals.
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The usual starting point for a direct labor budget for a manufacturer is:________
a. direct materials budget.
b. production budget.
c. cash budget.
d. sales budget.
The usual starting point for a direct labor budget for a manufacturer is
production budget. Option B is the correct answer.
What is a budget?A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money.There are various types of budgets like sales budget, production budget, direct material budget, operating expense budget, cash budget, flexible budget, and fixed cost budget etc., also known as functional budgetsWhat is the Production Budget?The production budget calculates the number of units of products that must be manufactured, and is derived from a combination of the sales forecast and the planned amount of finished goods inventory to have on hand (usually as safety stock to cover for unexpected increases in demand). The production budget is typically prepared for a "push" manufacturing system, as is used in a material requirements planning environment.
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Does a company have the right to monitor all your digital communications if you are using their equipment?.
Yes. The ECPA allows business owners to watch all employee verbal and written communication as long as the company can present a legitimate business reason for doing so.
What is communication and explain?
Communication is that the act of giving, receiving, and sharing information -- in other words, talking or writing, and listening or reading. Good communicators listen carefully, speak or write clearly, and respect different opinions.
How important is communication?
In our lifestyle , communication helps us build relationships by allowing us to share our experiences, and needs, and helps us hook up with others. it is the essence of life, allowing us to precise feelings, expire information and share thoughts. We all have to communicate.
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An employee has finished trimming raw beef steaks on a cutting board and needs to use the same board to prep fruit. what must be done to the cutting board?
An employee has finished trimming raw beef steaks on a cutting board and needs to use the same board to prep fruit. It must be washed, rinsed and sanitized.
An employee is a person who gets paid to paintings for someone or company. people do not want to paintings complete time to be taken into consideration employees—they without a doubt need to be paid to paintings by means of an company (the individual or business that pays them).
The definition of an worker is person who works for a person else or a organisation in exchange for wages or a few other agree-to repayment. An instance of worker is an character who is employed by way of McDonald's and is paid a sure amount of cash for each hour labored.
An company is a person, organisation, or corporation that employs people—pays them for work. The folks that are paid to paintings are referred to as employees.
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If you have not heard from an employer _____ after the application submission deadline, it is appropriate to contact him/her to inquire about your application status.
If you have not heard from an employer seven to ten days after the application submission deadline, it is appropriate to contact him/her to inquire about your application status.
The definition an employer is a person or business that provides employment for the benefit of one or more people. The company you are working for is an example of your employer.
Definition an employer is an individual or organization in the public, private, nonprofit, or commercial sector that hires and pays people for their work. As the authority in an organization, the employer sets the terms and conditions of employment for the workers and sets the agreed terms such as wages.
An employer is an organization, agency, government entity, agency, business, professional services firm, nonprofit organization, small business, shop, or individual that hires or starts a work, a person called an employee or employee.
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Use the estimated regression to predict the earnings for a worker who is inches tall. earnings for a worker who is inches tall are predicted to be?
Earnings are the net benefits of a corporation's operation. Earnings are also the amount on which corporate tax is due. For an analysis of specific aspects of corporate operations several more specific terms are used as EBIT and EBITDA. Many alternative terms for earnings are in common use, such as income and profit.
The median height is 67inches.
Average earnings for workers whose height is at most 67 inches is $55066.17
Average earnings for workers whose height is greater than 67 inches is $60077.81
On average taller workers earn $5011.64 more than shorter workers. 95% confidence interval :
Mean earning if height<68
Mean estimation
earning mean std err number of obs=77
55066.17 311.687 40068.71 61263.63
Mean earning if height<68
Mean estimation
earning mean std err number of obs=23
60077.81 5065.234 49573.16 70582.46
R-square is 0.0046 i.e 0.46% of the variability in earning is explained by height. Also, the p-value is 0.5 which means height and earning do not have a significant relationship.
The standard error of height is 3547.702
Predict earnings for a worker who is 67 inches tall is $55930.99 (=216753.1 - 2400.33*66), for a worker who is 66 inches tall is $58331.32, for a worker who is 68 inches tall is $53530.66, for a worker who is 70 inches tall is $48730.
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Ben is very mad at his supervisor because of pay cuts. Ben plots to damage some equipment so his company will have to pay him overtime compensation to repair it. In which of these situations could ben be found guilty? choose 2 answer choices.
He could well be found guilty if it was proved by witnesses and security cameras that he had purposely damaged the company's equipment to harm the company.
If there were any verbal threats from Ben to the company and its constituents, he could also be found guilty.
How should an employee behave?It is essential that the employee strictly follows the organizational rules and policies, in order to maintain a conduct aligned with that designated by the company, maintaining ethics and cordiality as bases in the relationship with other co-workers.
Therefore, Ben's aggressive and threatening behavior is considered unethical and illegal and harmful to all parties involved. It is essential that the individual develops communication to manage conflicts and adverse situations in the workplace.
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Assuming the chances of being paid back are the same, would a nominal interest rate of 10 percent always be more attractive to a lender than a nominal rate of 5 percent?
Assuming the chances of being paid back are the same, then a nominal interest rate of 10 percent always be more attractive to a lender than a nominal rate of 5 percent.
The given statement is true.
What is an Interest?
Interest is the price you pay to borrow money, or the cost you charge to borrow money. Interest is most often expressed as an annual percentage of the loan amount. This percentage is known as the loan interest rate.For example, the bank will pay you interest if you deposit your money in a high-yield savings account. The bank pays you to hold and use your money to invest in other transactions. Conversely, if you borrow money to pay for a large expense, the lender will charge you interest on the amount you borrowed.To learn more about interest, refer to:
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Scientists are in overwhelming agreement that ________ is a growing threat and will cause major changes in temperature, precipitation, wind patterns, and similar matters over several decades.
climate change is a growing threat that are scientists overwhelming about.
Scientists are worry about climate change is which is a growing threat and will cause major changes in temperature, precipitation, wind patterns, and similar matters over several decades.
Long-term changes in temperature and weather patterns are referred to as climate change. These changes could be caused by natural processes, will affects the solar cycle. Human activities primarily the combustion of fossil fuels like coal, oil, and gas have been the primary cause of climate change.
Climate change may have an impact on our work, housing, safety, and ability to grow food. Some of us, such as residents of small island states and other developing nations, are already more susceptible to the effects of the climate.
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A successful project manager must be ________
a. an effective leader.
b. an effective manager.
c. a technical expert for the project team.
d. both a leader and a manager.
A successful project manager must be both a leader and a manager (Option D)
What makes a successful project manager?
A successful project manager is known to be one that is said to be an Excellent Communicator, a good leader and manager.
Note that the act of a person been able to communicate very clearly and effectively is one that is done when handling any project or team and this is known to be a skill that is said to be very essential.
Therefore Project leaders need to be able to communicate their visions clearly and as such, A successful project manager must be d) both a leader and a manager.
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You read an article and rewrite the article's ideas in your own words, paraphrasing it. do you have to cite this information?
You should always give credit for ideas that were not initially your own when you paraphrase an article's ideas in your own words after reading it.
Use the name of the source's initial author followed by the publication date in parenthesis to cite sources in the text. With the publication date in parenthesis and the page number in parenthesis at the end of the sentence, you may start your reference by mentioning your source in the first phrase. When quoting another author, you must enclose their exact words in quotation marks and provide credit to them with a footnote or other reference. You must credit the source(s) you used every time an idea or piece of information you discovered came from the reference. Just enough information is given each time you mention or quote someone so that the reader may look up the entire citation in your reference list.Know more about article rewriting:
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Rules that must be followed by publicly owned companies that are developed by the financial accounting standard board, are called?
Rules that must be followed by publicly owned companies that are developed by the financial accounting standard board, are called Generally Accepted accounting Period
The Financial Accounting Standards Board issues a set of accounting standards, rules, and procedures known as generally accepted accounting principles. When their accounting professionals create their financial statements for public companies in the United States, they must adhere to GAAP.
GAAP is a rules-based set of standards that is guided by ten key tenets. It is frequently contrasted with the International Financial Reporting Standards (IFRS), which is regarded as a more principle-based standard. IFRS is an increasingly international standard, and recent efforts have been made to transition GAAP reporting to IFRS.
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Rework can increase the costs of an operation but has no impact on the capacity of the process. True or false?.
"Rework can increase the costs of an operation but has no impact on the capacity of the process. "
The statement given is False.
Operating expenses or operating expenses are costs associated with running a business or operating a piece of equipment, part, equipment, or facility. They represent the cost of resources used by an organization just to maintain its existence.
In the case of a piece of equipment, part, piece of equipment, or installation, the regular, ordinary, and ordinary recurring costs of operating the equipment. This does not include capital costs to build or purchase the equipment (depending on whether it was built by the owner or purchased as a built system).
All equipment incurs operating costs - unless the equipment has no operating costs, requires no staff or space, and never wears out. In some cases, equipment may have little or no operating cost because the cost is not recognized or absorbed in whole or in part by the cost of something else.
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