It helps us understand the value of money. When we understand the value of money, we are able to handle our finances in a better way. We will be able to know the importance of budgeting, saving and avoid unnecessary expenditures. Financial literacy keeps us from being debt slaves.
Which of the following acts directly affects a marketers ability to market products online?
The Act that directly affects a marketer's ability to market products online is the CAN-SPAM Act.
What is the CAN-SPAM Act?The CAN-SPAM Act stands for Controlling the Assault of Non-Solicited Por**graphy And Marketing Act of 2003 and it is an Act by the United States Congress that was passed in 2003 to regulate the marketing of products online.
The CAN-SPAM Act spells out rules for using commercial email by marketers and also extends to other methods of internet usage for marketing. Going against the Act leads to very tough penalties from the Federal Trade Commission.
Options for this question are:
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The key factors that affect a country’s level of economic development are
Group of answer choices
literacy level, technology, and agricultural dependency.
religion, traditions, and customs.
government system, political stability, and trade barriers.
location, climate, and natural resources.
The key factors that affect a country’s level of economic development are literacy level, technology, agricultural dependency and natural resources.
Literacy is the ability to apply published and written statistics to feature in society, achieve one's goals, and broaden one's expertise and capacity. The competencies required. Abilities-based definition. Literacy is the potential to study, write, talk and listen in a manner that lets us communicate efficiently and make sense of the arena.
Literacy is defined as being able to study and write or having know-how approximately a selected challenge. While you may examine, this is an instance of literacy. When you are acquainted with math, this is an instance of literacy in mathematics. The ability to read.
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what are some of the main challenges that eThekwini municipality had to deal with regarding the professional development of their employees?
To take advantage of chances more specifically related to eThekwini's selling features in order to satisfy broader governmental objectives and expectations are some role played by the eThekwini municipality.
What is professional development of their employees?The process through which employees, with the assistance of their employer, take part in formal education programs or look for learning opportunities to expand their knowledge.
Careers are known as employee development, sometimes known as professional development or staff development.
Thus, To take advantage of chances more specifically related to eThekwini's selling feature.
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Exercise 4-32 (Algo) Application of Overhead [LO 4-4, 4-5]
Alles Company uses a job costing system that applies factory overhead on the basis of direct labor dollars. No job was in process on February 1. During the
month of February, the company worked on these three jobs:
Job Number
B10 C44 G15
Direct labor ($8/hour) $ 52,000 ? $ 19,000
Direct materials 60,000 79,000 ?
Overhead applied ? 43,250 13,300
During the month, the company completed and transferred Job B10 to the Finished Goods Inventory. Jobs C44 and G15 were not completed and remain in Workin-Process at the cost of $328,650 at the end of the month. Actual factory overhead costs during the month totaled $65,500.
Required:
1. What is the predetermined factory overhead rate?
2. Compute the amount of underapplied or overapplied overhead for February.
Required 1 Required 2
Complete this question by entering your answers in the tabs below.
Compute the amount of underapplied or overapplied overhead for February. (Do not round intermediate calculations.)
1. The predetermined factory overhead rate is $0.70 per direct labor cost.
2. The amount of the overapplied overhead is $27,450.
What is the predetermined overhead rate?The predetermined overhead rate is the amount of the total overhead costs attributable to a unit product or service.
The predetermined overhead rate is the product of the estimated total overhead costs for the period divided by the total cost basis.
Data and Calculations:Job Number
B10 C44 G15
Direct labor ($8/hour) $ 52,000 ? $ 19,000
Direct materials 60,000 79,000 ?
Overhead applied ? 43,250 13,300
B10 C44 G15
Direct labor ($8/hour) $ 52,000 61,785 $ 19,000
Direct materials 60,000 79,000 112,315
Overhead applied 36,400 43,250 13,300
$148,400 $184,035 $144,615
Workings:1) C44 Direct labor costs = Overhead applied/Predetermined overhead rate
= $61,785 ($43,250/$0.70)
2) B10 Overhead Applied = $36,400 ($52,000 x $0.70)
3) G15 Direct Materials Cost = $112,315 ($328,650 - $184,035 - $19,000 - $13,300)
4) Predetermined overhead rate = $0.70 ($13,300/$19,000)
Overhead Costs:Total overhead applied = $92,950
Actual overhead costs = $65,500
Overapplied overhead = $27,450 ($92,950 - $65,500)
Thus, the predetermined overhead rate is $0.70 per direct labor cost.
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Which term describes the group of people elected to run a corporation?
Board of Directors - term describes the team of humans elected to run a corporation. A board of directors (B of D) is the governing physique of a company, elected via shareholders in the case of public agencies to set approach and oversee management. The board commonly meets at normal intervals.
What is the position of a board of directors?Chosen via shareholders, the foremost job of a public company's board of directors is to look out for the shareholders' interests. In fact, administrators are legally required to put shareholders' interests in advance of their own. The board performs a supervisory role, overseeing corporate things to do and assessing performance.
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All of the following are reasons for agency regulations except:
O Preventing unsafe working conditions for employees.
O Level sales for businesses since some shopping districts attract more affluent customers than other
O Protecting the environment from pollution.
Protecting customers from bank or insurance fraud.
19). Leaders who challenge their followers to seek continuous improvement are using _____ leadership behaviors.
A) directive
B) achievement-oriented
C) supportive
D) participative
Which is correct!
Leaders who challenge their followers to seek continuous improvement are using B) achievement-oriented leadership behaviors.
Leadership, each as a research region and as a sensible talent, encompasses the potential of an character, organization or organisation to "lead", affect or manual other individuals, teams, or whole organizations. The phrase "management" regularly receives regarded as a contested time period.
Affiliative: Leaders create emotional bonds and concord. Democratic: Leaders build consensus through participation. Pacesetting: Leaders assume excellence and self-course. education: Leaders broaden people for the destiny
A leader is the one inside the price, the person who convinces other human beings to comply with. A high-quality chief evokes confidence in other human beings and actions them to movement. a pacesetter is the top guy or gal, the one going for walks the show.
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Produce and discuss summary statistics and graph(s) of the relationship between the rate of change of the total assets held by Australian Money Market Corporations, and the difference of foreign and domestic interest rates (i.e. Fed funds minus cash rate), from 2010 -2021.
The Money market in Australia is one that has to do with the short term securities such as the treasury notes.
How the money market works in AustraliaThe market is known to be very dependent on the liquid assets that are in the economy. This is what is known to put the investments in the economy at a low risk.
Based on these assets the money market would have a low rate of interest in the economy. This is what would have to make borrowing to become cheap and it would cause the assets prices to rise.
This would in turn raise the inflation in the market and also decrease the value of a currency.
The graph, shows a continuous downward spiral in the money market from the year 2010 to the year 2021. But from the year 2015 to 2018, the data has a flat line to show that the growth remained the same through these years.
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Question 3 of 10 A business would like to increase consumer demand for a product that has not been selling well. According to the law of demand, how could the business accomplish this goal? A. By decreasing the supply of the product B. By increasing the supply of the product C. By selling the product at a lower price D. By selling the product at a higher price SUBMIT It's C
Answer: b
Explanation:
Answer:
The answer is "By selling the product at a lower price"
Explanation:
Just took the test
Part 1: Effective Communication
Write a 150- to 200-word response to the following scenario and questions:
Your class requires you to use a program you must download on your computer. You have waited until day 5 of the week to download the program, and you need it for an assignment that is due in 2 days. Now you are having issues with the program.
• How do you approach solving this problem?
• Whom would you contact first, and why?
• What are the resources available to support you when obstacles arise?
• Why is effective communication important in linking you to these resources
One would speak to his friends and fellow students to see if they were having the same problem that he was.
Describe a program?The program is a piece of system software that aids students in their academic work or project completion.
The student must download a program onto his computer in order to use it for the class. He didn't download the program until day five of the week, even though he needed it for an assignment that was due in two days. The program is giving him problems.
He needs to ask his friends and fellow pupils if they are experiencing the same problem when trying to launch the program. Instead of using such software, there are a lot of other options available. He can research the troubleshooting techniques online as well. He can speak with the software developer about the issues with the software as well.
The problems can be solved through excellent communication. If there is no communication, no issue can be resolved. Until and unless he speaks, the person will never comprehend what the other person is going through.
Therefore, in order to resolve any issue, proper communication and full information must be exchanged. Even just talking about a problem can remedy a serious one.
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Carson expects to invest $50,000 at the end of Year 1, $28,000 at the end of Year 2, and $12,000 at the end of Year 3. If he can earn an average annual return of 10.5 percent, how much will he have saved in this account by the end of Year 25?
By the conclusion of Year 25, he had $1,033,544.53 in his savings account.
Future Value: What is it?The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.
At the end of the first year, the initial deposit will be made. 25 years after the first deposit translates to 26 years when the year is subtracted from 25+1.
years deposit FV factor at the end of 5 year future value
1.105 × 26
1 50000 12.13547977 606773.9884
2 28000 1 0.98233463 307505.3697
3 12000 9.938764372 119265.1725
FV 1,033,544.53
Consequently, the future value is $1,033,544.53
The average annual return (AAR) is what?
A mutual fund's historical average return is represented by the average annual return (AAR), which is typically expressed over three, five, and ten years. Investors usually examine a mutual fund's average annual return before investing in it as a means to gauge the success of the fund over the long run.
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Gowri plans to start up her own business using her savings. She wants to
produce fashion clothes for women. She is a very good clothes designer but
she does not like stitching clothes together. Two friends have offered to help
Gowri. Abha is an experienced material or fabric cutter - she can cut lengths
of material or fabric for clothes with very little wastage. Aditi is quick at
sewing fabric together
Gowri intends to use her own savings to launch her own business. She desires to create stylish clothing for women. Despite being a very talented clothing designer, she dislikes sewing garments together. To assist Gowri, two pals have volunteered. Abha is an expert material cutter; she can efficiently cut material for clothing lengths. Aditi is a skilled seamstress.
What does "business" mean?
A business is essentially a group of people who cooperate to accomplish a common objective. In a business, people are employed to produce and market goods and services. The people who buy the goods and services are other people.
b) List the two production elements that Gowri's new company will require.
Gowri will require labor and land as her two primary production inputs.
c) Describe two potential costs that Gowri would incur as a result of her choice to launch her own company.
The things we give up to pursue another goal are referred to as business opportunity costs. She will forgo leisure time and other things she could have done with the money in this situation.
d) Describe one benefit and one drawback of division of labor in the context of Gowri's clothing manufacturing firm.
While the division of labor has its benefits, such making work easier, it also has drawbacks, including the tendency for workers to repeat the same actions business repeatedly.
e) Do you believe that all of the clothing that Gowri's company produces will be able to be sold? Justify your response.
Despite being a skilled designer, I believe Gowri's company won't be able to sell all the clothing it produces. She's business only getting started, so it'll be some time before she becomes well-known.
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ABC Company had the following transactions during the month. What would be the total amount of expenses for the month if ABC Company uses the accrual basis method?
a. On the first of the month, paid $7,200 for insurance for the next 12 months.
b. Received $6,000 for services to be performed equally over the next 6 months.
c. Paid $700 for the current month's rent.
d. Paid $250 cash for office supplies.
e. Paid $850 in Salaries Expense.
f. Received $1,300 in cash for service revenue earned this month.
If ABC Company had the following transactions during the month and on the first of the month, paid $7,200 for insurance for the next 12 months. The total amount of expenses for the month if ABC Company uses the accrual basis method is: $2,400.
Total amount of expensesUsing this formula
Total amount of expenses=Amount paid for insurance for the next 12 months+ Amount paid for the current month's rent+ Amount Paid for cash for office supplies+ Amount Paid in Salaries Expense.
Let plug in the formula
Total amount of expenses=($7,200/12 months)+$700+$250+$850
Total amount of expenses=$600+$700+$250+$850
Total amount of expenses=$2,400
Therefore if ABC Company had the following transactions during the month and on the first of the month, paid $7,200 for insurance for the next 12 months. The total amount of expenses for the month if ABC Company uses the accrual basis method is: $2,400.
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Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production.
1. Materials purchased on account $192,000, and factory wages incurred $87,300.
2. Materials requisitioned and factory labor used by job:
Job Number, Materials, Factory Labor
A20 , $35,240 $18,000
A21 , 42,920 22,000
A22 , 36,100 15,000
A23 , 39,270 25,000
General
Factory
Use 4470 7300
—————————————-
$158,000 $87,300
3. Manufacturing overhead costs incurred on account $49,500.
4. Depreciation on factory equipment $14,550.
5. Depreciation on the company's office building was $14,300.
6. Manufacturing overhead rate is 90% of direct labor cost.
7. Jobs completed during the quarter: A20, A21, and A23.
Direct materials are the resources and materials used in the production of a product that can be immediately linked to that product. Typically, a product's bill of materials contains a list of the materials that have been recognized as direct materials. The unit quantities and average costs of each material used in a product are listed in the bill of materials, which may also include an allocation for overhead.
Job Direct
Materials Direct
Labor Manufacturing
Overhead Total
A20 $ 37,440 $ 18,100 $ 15,204 $ 70,744
A21 $ 45,120 $ 23,800 $ 19,992 $ 88,912
A23 $ 41,270 $ 27,100 $ 22,764 $ 91,134
$ 250,790
Calculations:
Manufacturing overhead = Direct labor x 84%
Total = Direct materials + Direct labor + Manufacturing Overhead
No. Account Titles and Explanation Debit Credit
1 Raw material inventory $ 197,100
Accounts payable $ 197,100
[To record purchase of Materials]
Factory wages $ 92,700
Factory wage payable $ 92,700
[To record factory wages]
2 Work in process inventory $ 160,430
Manufacturing overhead $ 4,770
Raw materials inventory $ 165,200
[To record distribution of materials]
Work in process inventory $ 84,400
Manufacturing overhead $ 8,300
Factory labor $ 92,700
[To record distribution of labor]
3 Manufacturing overhead $ 53,300
Accounts payable $ 53,300
[To record Manufacturing overhead]
4 Manufacturing overhead $ 16,850
Accumulated depreciation $ 16,850
[To record depreciation expense on factory equipment]
5 Depreciation Expense $ 14,600
Accumulated depreciation $ 14,600
[To record depreciation expense on office building]
6 Work in process inventory [$84,400 x 84%] $ 70,896
Manufacturing overhead $ 70,896
[To record applied overhead]
7 Finished goods inventory $ 250,790
Work in process inventory $ 250,790
[To record completion of Jobs]
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You are the owner of a computer business that makes and sells computer products and services. Your main products are computers and printers, but you also offer services of installation and technical support. Your super-fast computers that include additional CAD drawing software have a cost of $600, whereas the regular updated computers have a cost of $400. The printers are manufactured at a cost of $90. For your sales price, you have a 20% markup on the computers and printers, but no markup on the installation costs. The Allied Company just contacted you and would like you to install a new network of computers and printers in their company. They would like 20 regular computers, 5 super-fast computers and 8 printers. The installation costs will total $2,000. a) What will be the total sales price of all the computers? b) What will be the total sales price of all the printers? c) What is the total sales price of everything, including the $2,000 installation?
a) The total sales price of all the computers is $13,200.
b) The total sales price of all the printers is $864.
c) The total sales price of everything, including the $2,000 installation is $16,064.
What is the total cost?The total cost or total sales price is the addition of all the different product and service costs, including the markup.
Data and Calculations:Super-fast Regular Printers Installation Total
Product Cost $600 $400 $90
Markup $120 $80 $18
Selling price $720 $480 $108 $2,000
Units 5 20 8 1
Total sales price $3,600 $ 9,600 $864 $2,000 $16,064
The total sales price of all the computers is $13,200 ($3,600 + $9,600).
The total sales price of all the printers is $864.
The total sales price of everything, including the $2,000 installation is $16,064.
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Determine which of the following lodgings fall under the category of specialty accommodations.
hostels
bed and breakfasts
lodges
campgrounds
resorts
conference centers
motels
The term "specialty accommodations" refers to hostels, lodges, and bed and breakfasts.
What is Accomodations?
A place to stay, such as a hotel, campground, or caravan park, is always necessary for travellers who want to visit another location or go on a trip. Accommodations are a collection of rooms or buildings where someone may live or stay.Serviced and non-serviced accommodations are divided into two categories that are distinct from one another. Since they are all in the private sector, they all want to turn a profit and expand their companies. Service is just as important in the hospitality industry as the actual goods like guest rooms, beds, and meals. No of what part they play in the business, every employee must do their part to make sure that each visitor's wants, preferences, and requirements.To know more about Accomodations visit:
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Which of the following is a disadvantage of virtual teams?
O a. Limited market opportunities
O b. Poor leadership
O c. Decreased productivity
Od. Inefficient knowledge transfer
Memele
The disadvantage of virtual teams from the options that we have here would be Decreased productivity.
What is meant by virtual teams?This is the term that is used to refer to the group of workers that are known to communicate with themselves and also work together over a network or through the internet.
These people do not work under the traditional work environment. Tasks could be completed from the comfort of their homes. Hence we can say that the disadvantage of virtual teams from the options that we have here would be Decreased productivity.
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You reached home after a days travel, you are served your Favorite "Poutine" Define the cooking methods and heat transfer methods involved in the making of a poutine for you?
The cooking methods and heat transfer methods involved in the making of a poutine for you is called packaging. The main utilization of paper for packaging was sheets of treated mulberry bark utilized by the Chinese to wrap food sources as soon as the first or second century B.C.
What does Packaging means?Packaging is the science, craftsmanship and innovation of encasing or safeguarding items for appropriation, capacity, deal, and use.
Packaging additionally alludes to the method involved with planning, assessing, and delivering bundles. Packaging can be portrayed as an organized process for getting ready products for transport, warehousing, coordinated operations, deal, and end use.
Packaging contains, secures, jelly, ships, illuminates, and sells. In numerous nations it is completely coordinated into government, business, institutional, modern, and individual use.
Therefore Packaging is correct.
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Analyse two possible difficulties Primark might face from selling to a mass market.
Any entrepreneur, like Primark in the above situation, might face two biggest difficulties, such as competition from other players in the mass market, and lack of pricing power in the mass market.
What is the significance of a mass market?A mass market can be referred to or considered where there are numerous buyers and sellers engaged in the exchange of similar, same, or identical products with hardly any differences in the selling prices of such goods. As a result, there is an increase in competition and no pricing power in a mass market.
Therefore, the significance regarding a mass market has been aforementioned.
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explain the implication of a tax rate of 90% for the taxpayer
Implication tax will increase, pinnacle marginal character tax quotes stayed near or above 90%, and the effective tax charge at 70% for the very best incomes (few paid the top charge), until 1964 whilst the pinnacle marginal tax fee became decreased to 70%.
In states in which high earnings individuals are taxed greater closely, migration increases excessive earners' pretax real earnings and lowers pretax incomes of lower earnings individuals. rather than reaching an extended-run redistribution of profits, an extra progressive tax machine distorts economic picks and decreases general actual earnings.
The term impact is used to specify the immediate result of or unique imposition of the tax. The effect of a tax is on the individual on whom it is imposed first. consequently, the individual that is Habile to pay the tax to the authorities bears its effect. The impact of a tax, as such, denotes the act of impinging.
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A circle graph titled Porter Family Budget. Housing is 30 percent, Food is 25 percent, Savings is 15 percent, Transportation is 10 percent, medical is 5 percent, clothing is 10 percent, emergency fund is 5 percent. The Porter family has a net income of $5,000. If they want to reduce their food budget by $50, how much would the new food budget be? $
Answer:
60Hz is the peak of the 100w light bulb or 220 volt
Answer:
Explanation:1500
A current application of a company that uses the Human Resources model is Cummins engine
True or false?
The statement is True. A current application of a company that uses the Human Resources model is Cummins engine.
Oil, coal, herbal gasoline, metals, stone, and sand are natural sources. different herbal sources are air, daylight, soil, and water. Animals, birds, fish, and flowers are herbal resources as well. herbal resources are used to make food, gas, and raw substances for the production of products.
Classical economics acknowledges three classes of resources, additionally known as factors of production: land, hard work, and capital. The land consists of all herbal resources and is considered as each the site of production and the supply of raw substances.
Resources are essential for the improvement of any united states of America. for example, to generate strength, one wants fossil fuels; and for industrial development, we require mineral sources. 6. Irrational consumption and over utilization of herbal sources have led to socio-monetary and environmental issues.
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Exercise 4-34 (Algo) Application of Overhead [LO 4-3, 4-4, 4-6]
Whitley Construction Company is in the home remodeling business. Whitley has three teams of highly skilled employees, each of whom has multiple skills
involving carpentry, painting, and other home remodeling activities. Each team is led by an experienced employee who coordinates the work done on each job. As
the needs of different jobs change, some team members may be shifted to other teams for short periods of time. Whitley uses a job costing system to determine
job costs and to serve as a basis for bidding and pricing the jobs. Direct materials and direct labor are easily traced to each job using Whitley’s cost tracking
software. Overhead consists of the purchase and maintenance of construction equipment, some supervisory labor, the cost of bidding for new customers, and
administrative costs. Whitley uses an annual overhead rate based on direct labor hours.
Whitley has recently completed work for three clients: Harrison, Barnes, and Tyler. The cost data for each of the three jobs are summarized below:
Job Direct Materials Direct Labor Hours Direct Labor Cost
Harrison $ 6,948 55 $ 15,783
Barnes 13,424 94 23,770
Tyler 44,002 125 51,240
Budgeted direct materials cost and direct labor cost for the year are estimated at $515,000 and $730,000, respectively. Direct labor hours are budgeted at 29,000
hours, and total overhead is budgeted at $493,000.
Required:
1. Calculate the total cost of each of the three jobs.
2. Suppose that for the entire year, Whitley used 30,300 labor hours and total actual overhead was $512,000. What is the amount of underapplied or overapplied
overhead?
Required 1 Required 2
Complete this question by entering your answers in the tabs below.
Calculate the total cost of each of the three jobs.
Required 1 Required 2
$
$
$
Total Job
Cost
Harrison 935
Barnes 1,598
Tyler 2,125
1. The total cost of each job is as follows:
Job Total
Costs
Harrison $23,666
Barnes $38,792
Tyler $97,367
2. The amount of the overapplied overhead is $3,100.
What is the predetermined overhead rate?The predetermined overhead rate is the amount of the total manufacturing overhead cost per the allocation base.
The predetermined overhead rate is computed to determine the amount of the overhead costs attributed to each product, job, or service unit.
Data and Calculations:Job Direct Materials Direct Labor Direct Labor Overhead Total
Hours Cost Applied Costs
Harrison $ 6,948 55 $ 15,783 $935 $23,666
Barnes 13,424 94 23,770 $1,598 $38,792
Tyler 44,002 125 51,240 $2,125 $97,367
Budgeted direct materials costs = $515,000
Budgeted direct labor costs = $730,000
Budgeted direct labor hours = 29,000 hours
Budgeted total overhead costs = $493,000
Predetermined overhead rate = $17 per direct labor hour ($493,000/29,000)
Overhead applied = $515,100 (30,300 x $17)
Actual overhead = $512,000
Overapplied overhead = $3,100 ($515,100 - $512,000)
Thus, the predetermined overhead rate is $17 per direct labor hour.
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PA6. 6.3 Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin is $25 per unit and $40 is used in direct labor, while the direct material for the double is $40 per unit, and the labor cost is $50 per unit. Box Springs estimates it will make 5,000 twins and 9,000 doubles in the next year. It estimates the overhead for each cost pool and cost driver activities as follows: How much does each unit cost to manufacture?
The cost to manufacture Twin is $ 210 per unit and Double is $ 132 per unit.
Why does manufacture mean?Making something in a factory, typically in big quantities, is referred to as manufacturing it. The business makes plastics.
Briefing:Twin Double
Direct material 25 35
Direct labor cost 35 55
Overhead 150 42
Total per unit 210 132
Workings:
Activity Activity rate
Framing 25=175000/(6000+1000)
Padding 1=240000/(130000+110000)
Filling 0.4=320000/(450000+350000)
Labelling 0.2=250000/(800000+450000)
Inspection 11=187000/(12000+5000)
Activity Twin Double
Framing 150000 25000
Padding 130000 110000
Filling 180000 140000
Labelling 160000 90000
Inspection 132000 55000
Total overhead 752000 420000
Divide by units 5000 10000
Overhead per unit 150 42
Activity Twin Double
Framing = 6000*25 = 1000*25
Padding = 130000*1 = 110000*1
Filling = 450000*0.4 = 350000*0.4
Labelling = 800000*0.2 = 450000*0.2
Inspection = 12000*11 = 5000*11
The cost to manufacture Twin is $ 210 per unit and Double is $ 132 per unit.
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The 8 -year $1000 par bonds of Vail Inc. pay 14 percent interest. The market's required yield to maturity on a comparable-risk bond is 15 percent. The current market price for the bond is 880.
The correct answer is $801.29. A bond's price at any given time is equal to the present value of all outstanding coupon payments plus the bond's face value at maturity, discounted at its yield to maturity. A bond's yield to maturity (YTM) also serves as its return.
The result is displayed below:
The RATE formula must be used for yield to maturity, as shown below:
NPER = 8 PMT = $1,000 * 8% = $80 PV = $880 FV = $1,000 PV = -PV, where (RATE;NPER;PMT;FV;type)
Utilizing the technique above, $801.29 is the bond's present value.
The bond should not be purchased at the current market price of $880 because the bond's present value is $801.29.
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Which option would you consider a poor financial habit?
Responses
1 paying your bills on time
2 paying the minimum on your credit card bill
3 making and sticking to a budget
4 all of the above
Answer: Paying the minimum on your credit card bill.
Answer:
2 paying the minimum on your credit card bill
explain five aspects that must be considered when setting up a business venture
Five factors that must be considered business venture in the identification of Your skills, Audit the market call for Your idea, check for Availability of assets, paintings on an economic Plan, and Be geared up to face Failure.
The business venture definition is a new business that is shaped by a plan and expectation that monetary gain will observe. regularly, this type of enterprise is called a small commercial enterprise, because it normally starts offevolved with a small number of economic resources.
A business venture is any entrepreneurial organization it is created to make money. sure, that encompasses lots of different things. something from eating places to multimillion-greenback Silicon Valley tech startups to even the lemonade stand run via your neighbor's child may be taken into consideration as a business challenge. project capital is a shape of personal equity financing this is furnished by means of assignment capital corporations or finances to startups, early-degree, and emerging organizations that have been deemed to have high increase ability or that have verified high growth.
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The City Commission of Nashville has decided to build
a botanical garden and picnic area in the heart of the
city for the recreation of its citizens. The precedence
table for all the activities required to construct this area
successfully is as follows:
Code Description?
The drawing tool that the City Commission of Nashville could use to draw the project activities is a Gnatt Chart.
What is a Gantt Chart?A Gantt Chart standardizes the display of project activities. It lists project activities with their corresponding start and completion dates in a calendar format.
Using a Gantt Chart illustrates how activities should be completed and resources allocated to achieve project objectives.
In a Gantt Chart, the relationships between the start and end dates of tasks, milestones, and dependent tasks for a project are graphically displayed.
Data:Code Description Time Immediate
(Code Hrs) Precedence
A Find location: determine resource requirements 15 None
B Requisition of lumber and sand 65 A
C Dig and grade 105 A
D Saw lumber into appropriate sizes 35 B
E Position lumber in correct locations 15 D, C
F Nail lumber together 10 E
G Put sand in and under the equipment 25 F
H Put dirt around the equipment 10 F
I Put grass all over the garden, landscape, paint 25 G, H
Thus, the best drawing tool that the City Commission of Nashville could use to draw the project activities is a Gnatt Chart.
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Question Completion:Code Description Time Immediate
(Code Hrs) Precedence
A Find location: determine resource requirements 15 None
B Requisition of lumber and sand 65 A
C Dig and grade 105 A
D Saw lumber into appropriate sizes 35 B
E Position lumber in correct locations 15 D, C
F Nail lumber together 10 E
G Put sand in and under the equipment 25 F
H Put dirt around the equipment 10 F
I Put grass all over the garden, landscape, paint 25 G, H
Which drawing tool would be used to draw the activities?
Mr. Saiful can save 120,000 tk per year and after the 1st year he can earn 9% on his savings. How long it will take for Mr. Saiful to accumulate that 1,000,000 tk for his PhD in Australia?
Mr. Saiful will need to save up that $1,000,000 tk for his Ph.D. in Australia for 7.64 years.
How would you define savings?
The amount of money earned that is not used for immediate expenses is saved. In other words, it refers to money that is stored away for later use rather than being immediately spent.
For Mr. Saiful to amass the $1,000,000 tk for his Ph.D. in Australia, the following will be necessary:
Amount he can save= 1,20,000
Interest= 9% of 1,20,222 = 10800
Total amount after adding interest= 1,30,800
130800 earned = 1 year
10,00,000 will be earned in = (1/130800) X 10,00,000
= 7.64 year
Why is saving crucial?The reason why saving money is so important is because it gives you more freedom and security in your life. If you have money saved up for emergencies, you will always have something to fall back on. Additionally, you might be able to take chances or try new things if you have money set up for discretionary spending.
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in addition to Money Market Corporations desire to maintain
adequate liquidity, briefly evaluate and state whether or not you agree with the proposition
that the RBA must raise its target inflation rate above 2-3% and, accordingly set the cash
rate annually.
I agree with the proposition tjat the RBA must raise its target inflation rate above 2-3% and, accordingly set the cash rate annually in order to control the money supply.
How to illustrate the information?A deposit account kept at a bank, credit union, or other financial organization is known as a money market account. In comparison to standard savings accounts, this account offers a higher rate of interest. The funds in a money market account are used by banks to invest in short-term liquid assets like municipal bonds or Treasury bills (T-bills).
When investing, liquidity is crucial so that you can access the wealth you accumulate. You may become cash-poor if all of your assets are invested in long-term or highly illiquid securities. Your ability to invest money into a new investment opportunity may be considerably reduced as a result.
The Reserve Bank Board would normally tighten (loosen) monetary policy to get inflation back to target, for example by increasing (decreasing) the cash rate, if inflation is predicted to be too high (low) for an extended period of time. Early in the 1990s, the Reserve Bank adopted the inflation target.
Therefore, in conclusion, I agree with the proposition tjat the RBA must raise its target inflation rate above 2-3% and, accordingly set the cash rate annually in order to control the money supply.
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