The accounting department will be charged $250 by the service department. Thus the correct answer would be (d) $250.
A technique for calculating and allocating overhead costs based on specific activities is known as "activity-based costing." The price of the product includes the allocation of overhead expenses.
The activity-based costing formula is the cost pool total divided by the cost driver, which yields the cost driver rate..
The amount of overhead and indirect costs associated with a specific activity are determined using the cost driver rate in activity-based costing.
Here is the Activity-based costing calculation:
List all the steps needed to produce the product.Create cost pools for the activities that include the particular costs associated with each activity (such as manufacturing). The total cost of each cost pool should be determined.Assign cost drivers for each activity in the cost pool, such as hours or units.To get the cost driver rate, divide each cost pool's overall overhead by all of the cost drivers.Divide each cost pool's overall overhead by all of the cost drivers to obtain the cost driver rate.Add the number of cost drivers to the cost driver rate.Performing these steps we got our answer as $250.
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the price of coffe beans use to make coffee has decreased. at the same time, the price of cream (a compliment good) has increased. given these two effects, what will happen to the current equilibrium quantity and price of coffee?
Equilibrium quantity is when there is no shortage or excess in the market. Overlapping supply and demand means that the quantity of an item a consumer is willing to purchase is equal to the quantity supplied by its producer.
The equilibrium price is the only price where the consumer's plan matches the producer's plan. In other words, the quantity that the consumer wants to buy the product (quantity requested) equals the quantity that the producer wants to sell (quantity offered). This total amount is called the equilibrium amount.
A decrease in demand leads to a decrease in the equilibrium price. Less quantity to deliver. An increase in supply leads to a decrease in the equilibrium price, all other things being equal. Demand increases. If the supply decreases, the equilibrium price will rise. demand will decrease.
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which types of controls are recommended for a global mnc versus a multi-domestic mnc?
Attraction-selection-attrition, new hire onboarding, management, and organizational reward systems all play a role in maintaining culture.
What does a person's global mean?A person's internal arrangement of global ideas, goals, and sentiments into a cohesive understanding system is referred to as global meaning. The foundation for how people view themselves and themselves place in the world as well as how they perceive events and situations, is this universal meaning.
What is the global game like to play?Their objective is to pinpoint the country with the fewest guesses possible. Each incorrect guess's color and distance from the Mysterious Country will be shown on a globe. The color gets hotter the closer you go to the answer. A new Mystery Country will be available.
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a nurse-manager oversees approximately 12 employees. what strategy should the manager prioritize when trying to motivate the employees?
One of the best tactics for employee motivation is to use personal strategies that mean something to each individual.
For each business to remain afloat, a healthy profit margin is required. This profit is based on the volume and caliber of a company's output.
Numerous actions can be taken by organizations to maintain employee motivation. Organizations may produce more work of higher quality and volume with the help of motivated staff. As a result, the profit margin can be raised appropriately.
An increase in profit enables management to provide staff with increased pay, incentives, awards, and benefits. Employees continue to be interested and devoted to the company as it grows.
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a well-diversified portfolio has negligible: multiple choice expected return. systematic risk. unsystematic risk. variance. both unsystematic risk; and variance
A well-diversified portfolio has negligible unsystematic risk. Unsystematic risk is risk that is only connected to a particular business or sector. The correct option is (C).
What do you mean by the unsystematic risk?Hazards that are not shared with a larger market or sector are referred to as unsystematic risks.
Unsystematic risks frequently apply only to a single organization because of its management, financial commitments, or geographic location.
Contrary to systematic hazards, unsystematic risks can be minimized through investment diversification.
By incorporating more diversification into your portfolio, you can lower unsystematic risk. Business and financial risk are two sources of unsystematic risk.
Therefore, a well-diversified portfolio has negligible unsystematic risk. Unsystematic risk is risk that is only connected to a particular business or sector.
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What is absolute cost advantage?
Absolute cost advantage is an economic concept that states that a company can gain an advantage over its competitors by producing goods at a lower cost than them.
Absolute cost advantage can be a powerful tool for companies to gain a competitive edge in the market. It can help them increase their market share, gain higher profits, and improve their market standing. Additionally, it can help them stay ahead of their competitors by providing a product that is superior in quality or value at a lower cost.
Absolute cost advantage can be achieved in several ways. Companies can reduce their production costs by using more efficient production processes and taking advantage of economies of scale. They can also reduce their raw material costs by making sure they are getting the best deals on those materials. Additionally, companies can reduce waste by making sure their production processes are as efficient as possible.
Overall, absolute cost advantage is a great tool for companies to gain a competitive advantage in the market. By making sure they are utilizing efficient production processes, taking advantage of economies of scale, and obtaining the best deals on raw materials, companies can stay ahead of their competitors and gain higher profits.
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individuals who favor limited government control over the economy but want the state to intervene forcefully to create a traditional social order are known as
A political system known as limited government places limitations on the executive branch of the government in order to safeguard citizens' rights and liberties.
Every constitutional democracy that guarantees the right to liberty must have the rule of law. Every state with an effective constitution has it in its market economy, civil society, and government. Federalism restricts authority by establishing two sovereign powers—the federal government and state governments—and limiting the influence of both. Constitutionalism is a way of conceptualizing the interaction between the powerful and the powerless in a society. It combines two ideas that are ingrained in the constitution, a nation's legal foundation for governing, namely limited government and the rule of law.
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Identify whether the given items are examples of imports, exports, or neither. assume the united states is considered the domestic country.
a. Heath lives in the United States and purchases a video game produced in Japan.
b. Veronica lives in Tennessee and buys an orange grown in Florida.
a) Heath lives in the United States and purchases a video game produced in Japan is an import.
b) Veronica lives in Tennessee and buys an orange grown in Florida is also an import.
In the field of business, such products that are brought from another country are referred to as imports. On the other hand, such products that are sold to another country are referred to as exports. Imports are made for providing better living standards to the people of a country.
In the case a) as Heath belongs to the United States but is purchasing a video game that is made in Japan, hence the video game is an import.
In the case b) As Veronica lives in a place called Tennesse but buys oranges that come from Florida hence this is also an import.
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monopolistic competition is an inefficient market structure because a. marginal revenue equals marginal cost. b. it has a deadweight loss, just as monopoly does. c. long-run profits are zero due to free entry. d. all of the above are correct.
option (D) all of the above are correct for monopolistic competition is an inefficient market structure because a. marginal revenue equals marginal cost.
Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and comprises businesses with comparable but distinct product offerings.
Industries with monopolistic competition include those in restaurants, hair salons, household goods, and clothes. Numerous rival businesses compete to sell, advertise, and price goods like dish soap and hamburgers.
Pricing is frequently a major tactic for these rival businesses because demand is highly elastic for their products and services. In order to increase sales, one business may decide to cut prices while forgoing a bigger profit margin. A different product might charge more and employ packaging or marketing that implies higher quality or complexity.
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entry and exit drive each firm in a monopolistically competitive market to a point of tangency between its a. marginal revenue curve and its average total cost curve. b. demand curve and its average total cost curve. c. marginal revenue curve and its total cost curve. d. demand curve and its total cost curve.
In a monopolistically competitive market, entry and exit push each business to a point of tangency between its demand curve and its total cost curve. Here option D is the correct answer.
The company is still making no economic profit when the demand curve is tangent to the average cost curve.
A monopolistically competitive firm's demand curve slopes downward, demonstrating some degree of market dominance. Since each company provides a unique product, market power results from product differentiation.
Monopolistic competition is a sort of market structure in which several businesses are present in a given sector and make comparable but distinctive goods. None of the companies has a monopoly, and they all manage their own operations without considering what the other companies are doing.
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what is the management principle in which each member is assigned a specific rank that reflects his or her level of decision-making authority within the organization?
The principle in question is called hierarchical management. It is a system in which each member of the organization is assigned a specific rank that reflects their level of decision-making authority.
This rank is usually reflected on an organizational chart, which illustrates the order of authority within the organization.
The higher the rank, the higher the authority, and the more significant the decisions that can be made.
This system of management allows for a certain level of specialization within the organization and also allows for greater efficiency in decision-making. It can also be used to create a sense of order and structure within the organization.
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in 2022, kevin earned a salary of $140,000 from an employer. how much in fica taxes will kevin have withheld from the salary?
In 2022, Kevin earned a salary of $140,000 from an employer. In FICA taxes will Kevin have withheld from the salary is $ 10,567.40.
What do you mean by the FICA taxes?The Federal Insurance Contributions Act is referred to as FICA. According to this law, taxes must be deducted from employees' paychecks in order to pay for the Social Security and Medicare systems. The FICA tax affects companies and employees alike.
In 1935, the legislation that established the FICA tax was passed. The money is utilized to offer working Americans a retirement savings and insurance scheme.
The main source of funding for Social Security benefits, according to Cincinnati-based certified financial planner Ben Dobler of Stewardship Financial Counsel, is FICA taxes. FICA taxes are also used to fund Social Security and the Medicare programme.
Therefore, in 2022, Kevin earned a salary of $140,000 from an employer. In FICA taxes will Kevin have withheld from the salary is $ 10,567.40.
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suppose that both firms start off by deciding not to advertise. if the firms act independently, what strategies will they end up choosing?
Let's say neither company runs any advertisements at first. What methods would businesses ultimately select if they act independently (option B) - Both businesses will market)
What exactly do you meant by marketing?Purchasing property to display a good, terrible, or abstract notion is a commercial tactic called as advertising. What are commonly referred as the advertisements are the actual advertising messages. The purpose of advertising is to reach the groups of people who are most likely to be inclined to purchase a company's products or services.
What does advertising's primary purpose?The primary objective of campaign is to make the number of consumers who purchase your goods. To do this, you can utilize advertising to persuade consumers that your service is excellent, practical, or attractive.
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Full Question:
Suppose that both firms start off not advertising. If firms act independently, what strategies will they end up choosing?
A) fizzo will choose not to advertise and Pop Hop will choose to advertise.
B) Both firms will advertise
C) Both firms will choose NOT to advertise
D) Fizzo will chose to advertise and Pop will choosenot to advertise.
wants to invest but is worried about risk. in particular, he is worried that the money he invests today will not buy as much ten years from now. what type of risk concerns
Financial Risk is interested in investing but is hesitant due to risk. He is particularly concerned that the investments he makes today will not purchase as much in ten years.
Financial transactions that include default-prone business loans are an example of those that involve financial risk. It is frequently believed that this phrase only relates to downside risk, which is the potential for incurring a monetary loss of an amount that is both possible and unknown. Managing market and financial risk has become a science under the general heading of contemporary portfolio theory, which was first coined by Dr. Harry Markowitz in 1952 with his article "Portfolio Selection." In modern portfolio theory, risk is described in terms of a portfolio's variance. According to Bender and Panz, there are five categories of financial risks. In their work, they employ an algorithm-based methodology to identify 193 different financial risk classes.
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How do you define key terms in research?
Before you start a debate about any essential terms in your article, define them all. Readers want to know how you comprehend the terms before they continue reading, even if you believe your audience is familiar with their definitions. If a definition is disputed, which means that other authors have used alternative definitions of the term, be sure to mention these variations and explain why you prefer one over the others.
Cite your sources when discussing crucial phrases and concepts
The primary terminologies used in a research are called key terms. For instance, the important terms in a thesis on how branding, loyalty, and contentment affect consumers' purchasing decisions could be branding, loyalty, satisfaction, and consumers' buying habits.
Before continuing, a reviewer who is unfamiliar with these terms because they don't pertain to the marketing industry will want to know what they signify.
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if 80 ps are needed, and on-hand inventory consists of 30 ps and 20 each of all other components and subassemblies, how many ks are needed? group of answer choices 880 1440 860 1460 920
Option c. 860 is the correct answer. The total K required is 860 as per the components and subassemblies
Requirement of P = 80, inventory = 30
The net requirement for P is 50
Requirement of A = P*1 = 50, inventory = 20, net requirement for A is 30
1 Ps of A needs 1 ps of K
K required = A*1 = 30
Requirement of B = P*5 = 250, inventory = 20, net requirement for B is 230
1 Ps of B needs 2 Ps of K
K required = B*2 = 460
Requirement of C = P*3 = 150, inventory = 20, net requirement for C is 130
1 Ps of C need 3 Ps of K
K required = C*3 = 390
Total K required = 880 ps, inventory = 20, net requirement = 860 ps
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if the board of directors authorizes a $115000 restriction of retained earnings for a future plant expansion, the effect of this action is to
Reduces the amount of retained earnings available for dividend declarations.
What are earnings?
The net advantages of a corporation's operations are its earnings. Additionally, earnings are the source of corporation tax obligations. EBIT and EBITDA are two additional terms that are more specifically utilized for a study of certain areas of company operations. Earnings are typically understood to be the company's net income, which is determined after deducting cost of sales, operating costs, interest, and taxes from total sales proceeds for a certain time period. For an individual, it includes their wages, salaries, and other payments. The profits of a firm are its earnings. In other terms, earnings are a company's net income. Earnings may also be referred to as a company's pre-tax income.
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implementing broad bands increases the opportunities for promoting employees. group startstrue or false
The given statement is False.
The advancement of a worker to higher positions is referred to as employee promotion. It entails an improvement in pay, status, obligations, and benefits. Employees are most motivated by this part of their work, which serves as the final reward for their devotion and dedication to the company.
New duties that come with employee promotion frequently engender a sense of management. Employee happiness is greatly influenced by this notion of management because it fosters their development. A thorough study revealed that 45% of millennials are enthusiastic about managing people.
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g your client had his wallet stolen that had three(3) credit cards in it. before he reported it stolen several charges had been made: discover card $30 amex $1,200 visa $600 what is your client's total liability for these fraudulent charges?
The Fair Credit Billing Act (FCBA) of 1974 created chargebacks. It established that consumers are not obligated to pay for billing errors, unauthorized transactions, defective or missing goods, or fraudulent charges.
A chargeback is when a transaction's payer receives their money back, particularly when using a credit card. The payer is most frequently a customer. A consumer's bank account, credit line, or credit card transaction is reversed by a chargeback.
The bank that issued the customer's payment card issuing the chargeback. A chargeback happens in the distribution sector when a supplier sells a product to a distributor for more money than they agreed upon with the end user. In order to get back the money they lost during the transaction, the distributor applies a chargeback to the supplier.
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is thinking about buying an investment. the most important consideration when making this investment is the location of the investment. what investment is narinder thinking about purchasing?
Bob is thinking about purchasing the Real estate investment.
Owning rental properties could be a great possibility for anyone with DIY renovation skills and the patience to manage tenants. However, in order to cover the gap months as well as the up-front maintenance costs, this strategy requires a sizeable amount of capital. According to data from the U.S. Census Bureau, the sales prices of new homes, a broad indicator of real estate investment values, increased steadily from the 1960s through 2007 before falling during the financial crisis. Then, sales prices started to increase once more, even exceeding pre-crisis levels.
REIGs stands for Real Estate Investment Groups
Question
Bob McDowell is thinking about buying an investment. The most important consideration when making this investment is the location of the investment. What investment is Bob thinking about purchasing?
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which government agency, established during the great depression, still protects consumer savings today?
President Roosevelt collaborated with Congress (NIMH) to create the Federal Deposit Insurance Corporation in June 1933. We still rely on the insurance of bank savings that was established by that statute and later legislation. One of the Great Depression's greatest persistent effects, in my opinion, has been the FDIC. Option (a) is Correct.
For 50 years, the Federal Deposit Insurance Corporation has been a crucial component of the country's financial system. Its immediate contribution was the restoration of public faith in banks. The Banking Act of 1933 was passed at the height of the nation's worst banking crisis. The National Industrial Recovery Act (June 1933), which gave the president the power to enact industry-wide rules designed to prohibit unfair trade practices, lower unemployment, set minimum salaries and maximum hours, and protect workers' rights to collectively negotiate, was not complete without the NRA.
Numerous unemployed Americans were given jobs by the FERA (Federal Emergency Relief Administration) and the WPA (Works Progress Administration) in various building and artistic endeavors around the nation. Although their coalition has since disintegrated, many of the New Deal initiatives that kept them united—such as Social Security, unemployment benefits, and government agriculture subsidies, for example—remain in place today.
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Correct Question:
Which government agency, established during the great depression, still protects consumer savings today?
1. National Institute of Mental Health (NIMH)
2. Substance Abuse and Mental Health Services (SAMHSA)
3. American Psychological Association (APA)
4. National Alliance on Mental Illness (NAMI)
step 4 of the planning process is plan development. this step involves generating courses of action, identifying required resources, and:
The step 4 of the planning process is plan development. This step involves generating courses of action, identifying required resources, and estimating capabilities and identifying shortfalls.
What is the Planning Process?The planning process means setting objectives for a given period and formulating various courses of action to achieve them and selecting the best possible alternatives from the various courses of action available there.
To create an efficient plan, you need to understand the factors involved in the planning process. It is a choice-making activity.
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When the price ceiling applies in this market and the supply curve for gasoline shifts from S 1 to S 2:a. a surplus will occur at the new market price of P2.b. the market price will increase to P3.c. a shortage will occur at the new market price of P2.d. the market price will stay at P1.
When the price ceiling is in effect in this market and the gasoline supply curve changes from s1 to s2. The right response is "d," meaning there will be a shortage at the new market price of P2. There will be a shortage since there will be more demand than supply.
A price ceiling prevents a price from increasing above a certain markup, or the "ceiling". When there is a price floor, the price cannot fall below the "floor" level. To comprehend price ceilings, we might employ the demand and supply framework. Demand exceeds supply in many markets for products and services.
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The length of time for which a business summarizes financial information and reports its financial performance is called :__________
A fiscal term is the duration of time for which a company analyzes its financial information and reports its financial performance.
What exactly is the distinction between a financial statement and a financial performance?The balance sheet, income statement, and statement of cash flows are financial statements that are used to evaluate overall financial performance. Financial performance indicators are quantitative measurements used to assess how well a company is performing. The income statement, balance sheet, and statement of cash flows are all needed financial statements. These three statements are instructive tools that traders can use to examine a company's financial soundness and provide a fast picture of a company's financial health and underlying worth. Financial performance is a comprehensive assessment of a company's entire position in areas such as assets, liabilities, equity, expenses, revenue, and overall profitability.
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an internal cause of disruption in the supply chain is: group of answer choices forecast error. underfilled shipments. volume changes. late deliveries.
An internal cause of disruption in the supply chain is forecast error. So option a. is correct.
Forecast error is the difference between the forecast demand and the actual demand. A lot of calculations go into the forecast error, but the bottom line is that the greater the difference between actual demand and forecast demand, the greater the impact on a distributor's bottom line.
As forecast error goes up, the risks go up. Overstocking inventory in a distribution center or a customer's location significantly increases carrying costs.
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When the federal reserve increases the federal funds rate, how would it impact the economy?
Higher prices have a tendency to slow lending and the economic system, even as decrease charges generally tend to spur lending and monetary growth.
If the Fed raises prices too excessive and too quick, it can cool demand so much that the economy tips right into a recession. higher hobby charges make debt costlier and borrowing harder — for both purchasers and companies.
The Fed, as the state's monetary policy authority, influences the availability and cost of cash and credit to sell a wholesome economic system. Congress has given the Fed coequal goals for financial policy: first, maximum employment; and, 2d, solid costs, that means low, stable inflation.
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question content area gross profit is equal to a.sales less cost of goods sold b.sales plus cost of goods sold c.sales plus selling expenses d.sales less selling expenses
Gross earnings is same to Sales sales much less price of products sold.
The required details for gross profit in given paragraph
Gross earnings is the earnings a employer makes after deducting the expenses related to making and promoting its products, or the expenses related to offering its services. Gross earnings will seem on a employer's profits announcement and may be calculated via way of means of subtracting the price of products sold (COGS) from sales (income). These figures may be observed on a employer's profits announcement. Gross earnings can also be called income earnings or gross profits. As usually defined, gross income does now no longer encompass constant expenses (that is, expenses that ought to be paid irrespective of the extent of output). Fixed expenses encompass rent, advertising, insurance, salaries for personnel now no longer without delay worried within side the manufacturing, and workplace supplies.
However, it must be stated that a part of the constant value is assigned to every unit of manufacturing beneath absorption costing, that is required for outside reporting beneath the usually well-known accounting principles (GAAP).
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when the price ceiling applies in this market and the supply curve for gasoline shifts from s1 to s2,
When the price ceiling applies in this market and the supply curve for gasoline shifts from S₁ to S₂ a shortage will occur at the new market price of P₂.
Gasoline will be in limited supply at the new market price of P₂ when the price ceiling takes effect in this market and the supply curve moves from S₁ to S₂ produce a labor shortage, increase unemployment, and have a significant impact on the teenage labor market.
Price ceilings stop a price from increasing above a specific threshold and amount required will exceed the quantity provided when a price ceiling is set below the equilibrium price, leading to excess demand or shortages.
There is less need for gasoline because more vehicles are fuel-efficient. As a result, the demand for oil and gasoline shifts to the left and the equilibrium price and quantity decrease as a result of the supply curve changing downward as the demand curve does.
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coronado industries is contemplating the production and sale of a new widget. projected sales are $288000 (or 72000 units) and desired profits is $56160. what is the target unit cost
The target unit cost is $231,840
Explanation:
Target Cost = Selling Price – Profit Margin
=$288000-$56160
=$231840
What is the target unit cost?Target Cost is the sum of the product's costs after a specified amount of profit is subtracted from the selling price. It can be represented mathematically as the projected selling price minus the desired profit needed to stay in company. In this cost category, the business accepts prices rather than setting them for the market. In management accounting, target costing is a helpful technique for managing both product costs and the desired profits needed to sustain a company over the long term. Companies can use the approach of "target costing" to plan the costs of their new items before they are produced.To learn more about target unit cost refer to:
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fiscal policy is increased in its effectiveness through: the multiplier effect. monetary policy. administrative lags. crowding out.
The fiscal policy is increased in its effectiveness through the multiplier effect. Thus, the correct answer is option A.
What is a fiscal policy?The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty.
To partially raise the amount of money flowing into the system, a government may reduce taxes or boost spending. Such fiscal policy have an multiplier effect. In other words, it is reasonable to anticipate that every $1 spent will result in an increase in the GDP of more than one dollar.
Thus, multiplier effect helps to increase the effectiveness of the fiscal policy.
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the beginning balance of total assets was $170,000 and the ending balance was $166,500. the return on total assets is closest to:
Total assets had a starting balance of $170,000 and an ending balance of $166,500. The closest match for the return on total assets is =336500
Total Assets = Liabilities + Owner's Equity
=$170,000+ $166,500=336500
Total assets refers to all of a small business's assets, or valuable possessions. Cash, accounts receivable, inventory, equipment, tools, etc. are all included in total assets. The value of all a person or company has is represented by their total assets, which may be calculated by adding their liabilities to their owner's equity. Liabilities are the debts the firm has, and equity is the value of the business, or its capital. Assets include tangible goods like machinery, real estate, raw materials, and inventories as well as intangible items like intellectual property rights, royalties, and other patents. The term "assets" simply refers to a company's total capital. The entire assets of the corporation consist of everything of value it owns.
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