Answer:
a) avoiding
b) accommodation
Explanation:
a) Meredith feels uncomfortable with confrontations, she chooses to remain neutral while staying away from the discussion, so it is correct to say that she used the style of avoiding conflict resolution, which occurs when individuals prefer to avoid a situation that can generate conflicts as in the case described in the matter, and so they prefer to act diplomatically avoiding confrontations and not giving opinions contrary to a given situation.
b) Linda used the accommodation style as she gave in to Peter's demands for the choice of products. In this style, the individual values the relationship with the other individual above his personal opinion, and therefore gives up on maintaining the conflict because of a situation that is less important to him than the maintenance of the relationship.
Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost
On April 1, Sangvikar Company had the following balances in its inventory accounts:
Materials Inventory $12,750
Work-in-Process Inventory 21,060
Finished Goods Inventory 8,500
Work-in-process inventory is made up of three jobs with the following costs:
Job 114 Job 115 Job 116
Direct materials $2,384 $2,603 $3,085
Direct labor 1,800 1,420 4,420
Applied overhead 1,260 994 3,094
During April, Sangvikar experienced the transactions listed below.
Materials purchased on account, $28,920.
Materials requisitioned: Job 114, $16,800; Job 115, $12,460; and Job 116, $5,410.
Job tickets were collected and summarized: Job 114, 170 hours at $11 per hour; Job 115, 200 hours at $14 per hour; and Job 116, 100 hours at $19 per hour.
Overhead is applied on the basis of direct labor cost.
Actual overhead was $4,535.
Job 115 was completed and transferred to the finished goods warehouse.
Job 115 was shipped, and the customer was billed for 125 percent of the cost.
Required:
1. Calculate the predetermined overhead rate based on direct labor cost.
% of direct labor cost
2. Calculate the ending balance for each job as of April 30. When required, round your answers to the nearest dollar. Use your rounded answers in subsequent computations, if necessary.
Ending Balance
Job 114 $
Job 115 $
Job 116 $
3. Calculate the ending balance of Work in Process as of April 30. When required, round your answer to the nearest dollar.
$
4. Calculate the cost of goods sold for April. When required, round your answer to the nearest dollar.
$
5. Assuming that Sangvikar prices its jobs at cost plus -25 percent, calculate the price of the one job that was sold during April. Round to the nearest dollar.
$
Answer:
See below
Explanation:
1. Predetermined overhead rates
= Applied overhead / Direct labor
Job 114
Applied overhead / direct labor
= $1,260/1,800
= 70%
Job 115
Applied overhead / direct labor
= $994/1,420
= 70%
Job 116
Applied overhead / direct labor
= $3,094/4,420
= 70%
2 and 3 Ending balance of each job and work in process as of April 30th.
Job 114. Job116
Opening. $2,384. $3,085
Materials
Purchases $16,800. $5,410
Direct labor
($1,800+$1,800) $3,600. $5,740
Actual $2,520 $4,018
Overhead
at 59.36%
Balance $25,304. $18,253
• Note
The whole of job 115 has been sold out.
• Actual overhead = Actual overhead / direct labor
= $4,535/7,640
= 59.36%
4 Cost of goods sold in April
Job 115
Opening materials. $2,603
Purchases. $12,460
Direct labor
($1,420 + $3,080). $4,500
Actual overhead. $3,150
at 59.36%
Cost of goods sold $22,713
5. Selling price of job
Cost of job 115 = $22,713
Selling price = 1.25% × $22,713 = $28,391
On May 1, 2021, Varga Tech Services signed a $42,000 consulting contract with Shaffer Holdings. The contract requires Varga to provide computer technology support services whenever requested over the period from May 1, 2021, to April 30, 2022, with Shaffer paying the entire $42,000 on May 1, 2021. How much revenue should Varga recognize in 2021
Answer:
THE ANSWER IS STOP CHEATING
Explanation:
YOU KNOW NOTHING ON THIS APP
Pierce Company issued 11% bonds, dated January 1, with a face amount of $800,000 on January 1, 2021. The bonds sold for $739,816 and mature in 2040 (20 years). For bonds of similar risk and maturity the market yield was 12%. Interest is paid semiannually on June 30 and December 31. Pierce determines interest at the effective rate and elected the option to report these bonds at their fair value. On December 31, 2021, the fair value of the bonds was $730,000. The entire change in fair value was due to a change in the general (risk-free) rate of interest. Pierce's net income for the year will include:
Answer:
unrealized gain from change in market value = $10,617
Explanation:
Bonds carrying value = $739,816
amortization of bond discount = ($739,816 x 6%) - ($800,000 x 5.5%) = $389
amortization of bond discount = ($740,205 x 6%) - ($800,000 x 5.5%) = $412
bond's carrying value = $740,205 + $412 = $740,617
unrealized gain = carrying value - market value = $740,617 - $730,000 = $10,617
Find a false statement on bond duration. Multiple choice question. With time to maturity and yield to maturity held constant, a bond's duration and interest rate sensitivity are higher when the coupon rate is lower. With other factors held constant, the duration of a coupon bond is higher when the bond's yield to maturity is higher. Duration always increases with maturity for a premium bond. The duration of a zero-coupon bond equals its time to maturity.
Answer:
✓With time to maturity and yield to maturity held constant, a bond's duration and interest rate sensitivity are higher when the coupon rate is lower.
✓The duration of a zero-coupon bond equals its time to maturity.
✓Duration always increases with maturity for a premium bond.
Explanation:
Bond duration in finance can be regarded as a way used in measuring
the likelyhood or how much the prices of bond to change when and there is a movement in interest rates. It can be defined as the measurement of the risk interest rate. With Understanding about bond duration, it will be easier for investors to determine how bonds can fit in to investment portfolio. It should be noted that With other factors held constant, the duration of a coupon bond is higher when the bond's yield to maturity is higher.
Porter Plumbing's stock had a required return of 10.50% last year, when the risk-free rate was 5.50% and the market risk premium was 4.75%. Then an increase in investor risk aversion caused the market risk premium to rise by 2%. The risk-free rate and the firm's beta remain unchanged. What is the company's new required rate of return? (Hint: First calculate the beta, then find the required return.) Select the correct answer. a. 12.61% b. 11.71% c. 12.01% d. 12.31% e. 12.91%
Answer:
a. 12.61%
Explanation:
E(r)= Rf + B (Rm- Rf)
10.50% = 5.50% + B (4.75%)
10.50% - 5.50% = B * (4.75%)
5% / 4.75% = B
B = 1.0526
New required rate of return = 5.50% + 1.0526*(4.75%+2%)
New required rate of return = 5.50% + 1.0526*(0.0675)
New required rate of return = 5.50% + 7.11%
New required rate of return = 12.61%
Suppose the current price of a good is $167. At this price, the quantity supplied is 170 units, and the quantity demanded is 120 units. For every $1 decrease in price, the quantity supplied decreases by 10 units and the quantity demanded increases by 15 units. At the current price, the quantity demanded is than the quantity supplied. This means that the market is currently experiencing a . In order to adjust, the market price will until the quantity demanded and quantity supplied are equal. The result is an equilibrium quantity of and an equilibrium price of $ .
Answer:
is less than
surplus
fall
$165
150
Explanation:
Wjen demand exceeds supply, there is surplus
This is because price is greater than equilibrium price. Price would fall until equilibrium is restored
The optimal risky portfolio can be identified by finding ____________. I. the minimum variance point on the efficient frontier II. the maximum return point on the efficient frontier the minimum variance point on the efficient frontier III. the tangency point of the capital market line and the efficient frontier IV. the line with the steepest slope that connects the risk free rate to the efficient frontier A. I and II only B. II and III only C. I and IV only D. III and IV only
Answer:
D. III and IV only.
Explanation:
Portfolio variance can be defined as the measurement of risk or dispersion of returns of a set of securities that makes up a portfolio fluctuate over a period of time.
Simply stated, portfolio variance is typically the total returns of the portfolio over a specific period of time.
In order to calculate the portfolio variance, the standard deviations of each security in the portfolio with their respective correlations security pair in the portfolio would be used. Portfolio variance is the square of standard deviation.
A two-asset portfolio with a standard deviation of zero can be formed when the assets have a correlation coefficient equal to negative one (-1) because this defines the efficiency frontier. In Economical portfolio theory, the efficient frontier is a group of optimal portfolios that offers an investor the highest expected return for a specific risk level or offers the lowest risk for a defined level of expected return.
A common risk can be defined as a type of risk that affects the entirety of a business firm or company and as such can't be diversified.
Generally, the optimal risky portfolio can be identified by finding the tangency point of the capital market line and the efficient frontier and the line with the steepest slope that connects the risk free rate to the efficient frontier.
An investment had a nominal return of 10.7 percent last year. If the real return on the investment was only 6.5 percent, what was the inflation rate for the year?
Answer:
(1+0.103) =(1+0.057)(1+ Inflation rate)
1.103 =1.057 * (1+ Inflation rate)
1.103/1.057 = 1+ Inflation rate
1.0435 = 1+ inflation rate
Inflation rate = 0.0435 i.e. 4.35%
Assume Dell's yearly inventory cost is 30 percent to account for the cost of capital for financing the inventory, the warehouse space, and the cost of obsolescence. In other words, Dell incurs a cost of $30 for a $100 component that is in the company's inventory for one entire year. In 2001, Dell's 10-k reports showed that the company had $280 million in inventory and COGS of $23,100 million. To compute the percentage of cost of the inventory, determine the following:
a. Find the value of the inventory.
b. Find the cost of goods sold.
c. Compute inventory turns. (Round the answer to the nearest whole number.)
d. What percentage of cost of a Dell computer reflects inventory costs? (Round the answer to 3 decimal places.)
Answer:
See below
Explanation
1. Value of inventory sold
= $280 million in inventory + COGS $23,100 million
= $303,100 million
2. Cost of goods sold
From the above passage, we have been given the COGS , which is $23,100 million
3. Compute inventory turns
= Cost of goods sold / Average stock
= $23,100 million / $151,550
=
On January 1, 2020, Barwood Corporation granted 5,000 options to executives. Each option entitles the holder to purchase one share of Barwood's $5 par value common stock at $50 per share at any time during the next 5 years. The market price of the stock is $65 per share on the date of grant. The fair value of the options at the grant date is $150,000. The period of benefit is 2 years. Prepare Barwood's journal entries for January 1, 2020, and December 31, 2020 and 2021
Answer and Explanation:
The journal entries are shown below;
On Jan 1, 2020
No journal entry is required
On Dec 31, 2020
Compensation expense Dr ($150,000 ÷ 2) $75,000
To paid in capital stock option $75,000
(Being compensation expense is recorded)
On Dec 31, 2021
Compensation expense Dr ($150,000 ÷ 2) $75,000
To paid in capital stock option $75,000
(Being compensation expense is recorded)
Bruce is a nonexempt employee at Grissom Industries, where he works in both the manufacturing and design departments. He is married with three withholding allowances and is paid biweekly. He earns $25 per hour in the manufacturing department and $31.50 per hour in the design department. During the most recent biweekly pay period, he worked a total of 92 hours, 20 of which were in the design department. All overtime was in the manufacturing department. What is his gross pay?
A) $2,580.00.
B) $2,638.50.
C) $2,697.00.
D) $3,147.00.
Answer:
A) $2,580.00.
Explanation:
The computation of the gross pay is shown below:
Here Bruce is paid every two weeks = 80 hours
Here 92 hours worked represents that 12 were overtime.
For Manufacturing Department:
Regular Pay:
= $25 × 60
= $1500
Overtime Pay:
= ($25 × 1.5) × 12
= $450
For Design Department:
Regular Pay:
= $31.50 × 20
= $630
Now
= Total Design + Manufacturing Departments:
= $1500 + $450 + $630
= $2,580
Solomon has a balance of $4,000 on his credit card account, which has a minimum payment requirement of 4 percent. What is the minimum payment on his accoun
Gambino Construction adds materials at the beginning of production and incurs conversion cost uniformly throughout manufacturing. Consider the data that follow. Units Beginning work in process 20,000 Started in August 60,000 Production completed 55,000 Ending work in process, 40% complete 25,000 Conversion cost in the beginning work-in-process inventory totaled $120,000, and August conversion cost totaled $270,000. Assuming use of the weighted-average method, which of the following choices correctly depicts the number of equivalent units for conversion cost and the conversion cost per equivalent unit?
Equivalent Mana 55.000 65 000 65.000 Conversion Cost Per Equivalent 491 6.00 60.000
Answer:
Conversion EUP = 65,000 units
Conversion cost per EUP = $6.00
Explanation:
Conversion EUP = Units completed + EUP Work in Process
EUP Work in process = % completed * ending WIP
= 40% * 25,000
= 10,000
Conversion EUP = 55,000 + 10,000
= 65,000 units
Conversion cost = Beginning conversion cost + August conversion cost
= 120,000 + 270,000
= $390,000
Conversion cost per unit = 390,000 / 65,000
= $6.00
which of the following qualities that will help you succeed in the work place
Answer:
1. Leadership Skills you have to know how to take charge of something going on.
2. Oraganizing being organized is important becuase it shows the people around you that you have everything in order.
3. verbal communications Knowing how to speak to co- workers and coustumers you have to be clear so you can have good coustumer service.
4. Listening skills are very important that's how you understand the coustumers.
Explanation:
Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 900 Materials costs $ 9,600 Conversion costs $ 7,700 Percent complete with respect to materials 60 % Percent complete with respect to conversion 45 % Units started into production during the month 8,100 Units transferred to the next department during the month 6,900 Materials costs added during the month $ 115,800 Conversion costs added during the month $ 120,500 Ending work in process inventory: Units in ending work in process inventory 2,100 Percent complete with respect to materials 75 % Percent complete with respect to conversion 20 % The cost per equivalent unit for conversion costs for the first department for the month is closest to:
Answer:
$17.51
Explanation:
Note that Lucas Corporation uses the weighted-average method
Equivalent units
Conversion costs = 6,900 x 100 % + 2,100 x 20 %
= 7,320
Total Cost
Conversion costs = $ 7,700 + $ 120,500
= $128,200
Cost per equivalent unit
Cost per equivalent unit = $128,200 / 7,320 = $17.51
Conclusion
The cost per equivalent unit for conversion costs for the first department for the month is closest to $17.51.
An example of two way communication
Answer:
Radio, telephone, and computer-aided dispatch systems etc.
Explanation:
Hope it helps,
Pls mark me as the brainliest
Thank you
Tommy's parents died in a plane crash and he went to live with his guardian, Aunt Rose. Rose had a very small house and did not have a separate bedroom and bath for 12-year-old Tommy. She and Tommy decided to use some of his inheritance to pay for an addition to the house. He had some shares of stock transferred into Rose's name so that she could sell them when the money was due to be paid. The stock transfers are:
Answer:
presumed voidable unless Rose can show no unfair advantage was taken.
Explanation:
In the given scenario Tommy had some shares of stock transferred into Rose's name so that she could sell them when the money was due to be paid for the addition to the house.
However Tommy is a minor living with his guardian Aunt Rose.
She may have an unfair influence over him that will force him to make the share transfers.
Considering this the transfer of shares can be viewed as voidable until she proves she did not use the unfair advantage of being a guardian to push the transaction through
Ruben is a travel agent. He intends to sell his customers a special round-trip airline ticket package. He is able to purchase the package from the airline for $160 each. The round-trip tickets will be sold for $200 each and the airline intends to reimburse Ruben for any unsold ticket packages. Fixed costs include $5,200 in advertising costs. How many ticket packages will Ruben need to sell to break even
Answer:
He would need to sell 130 ticket packages to break even
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Variable cost is cost that varies with output. If output is zero, no variable cost would be incurred.
Fixed cost is cost that does not vary with output.
[tex]\frac{5200}{200 - 160}[/tex]
[tex]\frac{5200}{40}[/tex] = 130
define risk economics.
Answer:
it kike some part of your business is at risk
jus gave it a try
yall have anything to cure depression? lmk pls ._.
Answer:
Anti-depressants :))))))))
they make u HIGH on happiness :DDDDDDDDDDDDDDDDDD
Answer:
Morningggggggg
Explanation:
The US Government is forecasting that the nominal risk-free rate of return on Treasury Notes maturing in 7 years is 2.5% and is expected to be constant for the foreseeable future. Apple Computer's Treasury department is considering issuing a 7 year corporate bond and they know that Apple's corporate bonds generally yield investors 100 basis points or 1% over the nominal risk free rate at the time of issuance. The bonds will be issued at par value. What is the coupon percentage and total yield expected on these new 7 year bonds?
a. 3.5%
b. 10%
c. 2.5
d. Cannot determine
Answer:
a. 3.5%
Explanation:
If the nominal interest rate of the Treasury bonds is 2.5%, and Apple's corporate bonds yield 1%, just add 2.5% + 1% = 3.5%.
when you are talking about bonds, 100 points = 1%. This many times confuses people that are not aware of this since you hear that a bond will pay 50 points more and you imagine a really high interest rate.
Answer:
A
Explanation:
Louisiana Timber Company currently has 5 million shares of stock outstanding and will report earnings of $6.32 million in the current year. The company is considering the issuance of 1 million additional shares that will net $35 per share to the corporation. a. What is the immediate dilution potential for this new stock issue?
Answer:
0.214 per share
Explanation:
Calculation to determine the immediate dilution potential for this new stock issue
First step is to calculate the EPS before issuance
EPS before issuance = 6.32 / 5
EPS before issuance= 1.264
Second step is to calculate the EPS after new share issue
EPS after new share issue = 6.32 / (5+1)
EPS after new share issue=6.32/6
EPS after new share issue= 1.05
Now let calculate the Dilution potential
Dilution potential = 1.264 - 1.05
Dilution potential = 0.214 per share
Therefore the immediate dilution potential for this new stock issue is 0.214 per share
Suppose the college administrators estimate that the beautification initiative will cost $3,600. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 170 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $18.
Answer:
the questions seems to be incomplete, so I looked for similar ones:
the total benefit of the project is estimated at $18 x 170 = $3,060
the result is probably lower than expected because:
this is an nonexcludable good, and it is nonrival in consumptionthe free rider problem occurs herecollege administrators should not carry out the project id they only base their decision on expected benefitExplanation:
26223-CZ company a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The 26223-CZ company based its predetermined overhead rate for the current year on the following data: Total machine-hours 50,000 Total fixed manufacturing overhead cost $ 400,000 Variable manufacturing overhead per machine-hour $ 6 Recently, Job D284 was completed with the following characteristics: Number of units in the job 40 Total machine-hours 100 Direct materials $ 750 Direct labor cost $ 2,750 If the company marks up its unit product costs by 60% then the selling price for a unit in Job D284 is closest to: (Round your intermediate calculations to 2 decimal places.)
Answer:
$4,900
Explanation:
Total variable overhead estimated
= $6 × 50,000
= $300,000
Therefore,
Total overhead estimated = Total variable overhead estimated + Total fixed overhead estimated
= $300,000 + $400,000
= $700,000
Predetermined overhead rate
= $700,000/50,000
= $14 per machine hour
Total overhead applied
= $14 × 100
= $1,400
Therefore,
Total job cost = Direct material + direct labor + total overhead
= $750 + $2,750 + $1,400
= $4,900
define liquidity risk.
Explanation:
Liquidity risk occurs when an individual investor, business, or financial institution cannot meet its short-term debt obligations.
Underlying most of the trade theories discussed is the notion that: Group of answer choices firms that establish a first-mover advantage with regard to the production of a particular new product will dominate global trade in that product. despite a pivotal role in international trade, businesses are typically unable to influence government trade policy. it usually makes sense for a firm to consolidate its productive activities in one country. different countries have particular advantages in different productive activities.
Answer:
It usually makes sense for a firm to consolidate its productive activities in one country
Explanation:
There are several trade trade theories. Successful trade theories believe in unrestricted free trade, which does not allow government policies to exist.
Trade Theories includes;
1. Classic theories
2. Modern theories
The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for $34,000. b. Receive cash of $26,000 from customers in (a) above. c. Purchase bike equipment by signing a note with the bank for $19,000. d. Pay utilities of $3,400 for the current month. Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account classifications should be entered as a negative.)
Answer:
See below
Explanation:
Assets =
Liabilities + Stockholder's equity
Accounts receivables $34,000(+)
Revenue $34,000(+)
Cash $26,000(+)
Accounts receivables $26,000(-)
Bike equipment $19,000(+) Notes payable $19,000(+)
Cash $3,400(-)
Retained earnings $3,400(-)
The first transaction increases asset(account receivable) by $34,000 while revenue(stockholder's equity) increased by the same amount
The cash receipt of $26,000 increases assets cash by $26,000 and decreases an asset , account receivable by the same amount
The purchase of an asset by note payable increases asset, bike equipment by $19,000 while liabilities note payable also increases by $19,000
The payment of utilities for $3,400 decreases asset cash by $3,400 while stockholder's equity retained earnings decreases by same amount.
define hedge fund economics.
Answer:
Financial partnerships
Explanation:
Hedge funds are financial partnerships that use pooled funds and employ different strategies to earn active returns for their investors. Hedge fund strategies include long-short equity, market neutral, volatility arbitrage, and merger arbitrage. They are generally only accessible to accredited investors.
Celestin Manufacturing Company incurred $22,000 of depreciation on its manufacturing equipment during its first year of operation. During this year the company made 11,000 units of product and sold 3,700 units of product. Based on this information alone the company would show Multiple Choice $22,000 of depreciation expense on its income statement. $7,400 of cost of goods sold expense on its income statement. $22,000 of inventory on its balance sheet. $7,400 of inventory on its balance sheet.
Answer:
$7400 of cost of goods sold expense on its income statement.
Explanation:
Calculation to determine the cost of goods sold
Cost of goods sold expense=($22000 / 11000 units)x 3,700 units sold
Cost of goods sold expense= $2 per unit x 3,700 units sold
Cost of goods sold expense=$7400
Therefore Based on this information alone the company would show: $7400 of cost of goods sold expense on its income statement.
An appliance store finding that the contribution margins on appliances are not adequate to achieve performance targets might introduce an extended warranty plan to provide an additional source of contribution margin. A company selling generators may institute an every-six-month service plan that promises both preferential service in a power outage to the customer and considerable contribution margin to the seller to augment the margin associated with the sale of the generator. And, of course, lemonade stand operators might decide to sell pretzels in addition to lemonade. Assume the following base case (per questions A1 and A2): revenue is $100 per unit, variable costs are $20 per unit, and total fixed costs are $40,000. A complementary product/service is being introduced. The product being introduced will use existing resources; however, some additional new costs will be incurred. This product/service will generate additional revenue of $60 per unit, additional variable costs of $16 per unit, and additional fixed costs of $16,240. For every 10,000 original units, the enterprise expects to sell 2,000 complementary units. How many complementary units does the company need to sell to break even
Answer:
Break-even point in units= 369 units
Explanation:
Giving the following information:
Selling price per unit= $60
Unitary varaible cost= $16
Fixed costs= $16,240
To calculate the break-even point in units for the complementary product, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 16,240 / (60 - 16)
Break-even point in units= 369 units