Answer:
c
Explanation:
In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2020 were as follows.
Budget Actual
Indirect materials $16,000 $14,300
Indirect labor 20,000 20,600
Utilities 10,000 10,850
Supervision 5,000 5,000
All costs are controllable by the department manager.
Prepare a responsibility report for April for the cost center.
Answer:
Hannon Company
Assembly Department
Responsibility Report
For the month of April 2020:
Budget Actual Variance
Indirect materials $16,000 $14,300 $1,700 F
Indirect labor 20,000 20,600 600 U
Utilities 10,000 10,850 850 U
Supervision 5,000 5,000 0 No effect
Total $51,000 $50,750 $250 F
Explanation:
a) Data and Calculations:
Budget Actual Variance
Indirect materials $16,000 $14,300 $1,700 F
Indirect labor 20,000 20,600 600 U
Utilities 10,000 10,850 850 U
Supervision 5,000 5,000 0 No effect
Total $51,000 $50,750 $250 F
b) The Assembly Department's responsibility report is a the budget analysis that compares its actual and budgeted amounts of controllable costs for the month of April, 2020. The purpose of this report is to assign responsibility, improve performance, and hold a department or center responsible for its activities.
Tradable pollution permits are a:________.
a. system of exchangeable licenses that enable the holder to pollute up to a specified amount during a given period.
b. system of voluntary negotiations between polluters and damaged parties.
c. tax system for internalizing pollution costs to the market.
d. subsidy system for charging consumers for the use of common property resources.
Frictional and structural unemployment can be alleviated by implementing a supply-side policy such as 19) A) * decreasing government subsidies. B) increasing the power of trade unions. ) cutting back on business spending on educational training. D) the government giving tax breaks to companies locating in poor geographic areas.
Answer: the government giving tax breaks to companies locating in poor geographic areas.
Explanation:
Marin Company's accounts receivable arising from sales to customers amounted to $131000 and $114000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $498000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Answer:
$481,000
Explanation:
To determine the cash flows from operating activities, the net Income for the year must be adjusted by non - cash items and changes in working capital items.
Therefore, given a decrease in Accounts Receivable $17,000 ($131000 - $114000) . Then the cash flows from operating activities to be reported on the statement of cash flows is $481,000 ($498000 - $17,000) .
A company's_______ tells you how much money the company has left over after subtracting all expenses. *
a) Net Profit
b) Gross Profit
c) Revenue
d) Cost Of Goods Sold (COGS)
Answer:
net profit
Explanation:
net profit is the money left after all cost are deducted
Answer:
D: COGS
Explanation:
A company's COGS tells you how much money the company has left over after subtracting all expenses
What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate were 5 percent?
a. $1.00
b. $1.05
c. $0.86
d. $1.14
Answer:
The present value is $0.86.-
Explanation:
Giving the following information:
Future Value (FV)= $1
Number of periods (n)= 3 years
Interest rate (i)= 5% = 0.05
To calculate the present value (PV), we need to use the following formula:
PV= FV/(1+i)^n
PV= 1/(1.05^3)
PV= $0.8634
The present value is $0.86.-
Which type of control chart should be used when it is possible to have more than one mistake per item?
A. c-chart
B. p-chart
C. x-bar chart
D. R-chart
Answer:
A. c-chart
Explanation:
C chart is a control chart that is used to count the data like numbers of nonconformities per unit. It is used to monitor the total occurrence per unit.
In this chart, the data is collected in the sub-groups and then the data is analyze to check the defects or mistakes or nonconformities.
If there is more than one mistake per item the C- chart is the best match.
The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $50 per share for months. The price of a 3-month put option with an exercise price of $50 is $4. If the risk-free interest rate is 10% per year, what must be the price of a 3-month call option on C.A.L.L. stock at an exercise price of $50 if it is at the money
Answer:
$5.18
Explanation:
Calculation for call option
Using this formula
Call option=Put option + Exercise price-[Exercise price/(1+Risk-free interest rate)^Time
Let plug in the formula
Call option= 4 + 50 - [50/(1+.10)^1/4]
Call option= 4 + 50 - [50/(1.10)^1/4]
Call option= $5.18
Therefore what must be the price of a 3-month call option on C.A.L.L. stock at an exercise price of $50 if it is at the money is $5.18
Cameron visits a sporting goods store to buy a new set of golf clubs. He is willing to pay $750 for the clubs but buys them on sale for $575. Cameron's consumer surplus from the purchase is
Answer:
$175
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay - price of the good
Consumer surplus = $750 - $575 = $175
the answer is 2,3,6 i just don't see why you tell a story
Answer:
Storys make everything fun.
Explanation:
Smarter than Einstein
Select the correct answer.
Which statement is true for a short-term goal?
A.
It is usually complex.
B.
It usually requires one to exert a lot of effort.
C.
It is usually related to the bigger things that you want to achieve.
D.
It usually takes less than a year to achieve.
Answer:
D
Explanation:
A short term is something you can achieve in less than 12 months.
What is (are) the main problems in using a balance sheet to provide an accurate assessment of the value of a company's equity?
A) Valuable assets such as the company's reputation, the quality of its work force, and the strength of its management are not captured on the balance sheet.
B) The balance sheet does not accurately represent the book value of assets held by the company.
C) The equity shown on the balance sheet does not reflect the market capitalization of the company.
D) Knowing at a single point in time what assets a firm possesses and the liabilities a firm owes does not give any indication of what those assets can produce in the future.
Answer:
A) Valuable assets such as the company's reputation, the quality of its work force, and the strength of its management are not captured on the balance sheet.
Explanation:
As we know that the balance sheet records the assets, liabilities and the equity of the company. Now the main problem with the balance sheet is that the valuable assets such as reputation of the company, work force quality, management strength would not captured here as it only records the monetary transactions.
Therefore the correct option is a.
Emily is deciding whether to buy the same designer jacket her friends have. The jacket is much more expensive than a similar one from a lesser-known brand.
all of the below is correct
Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Answer: the right answers are
Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Explanation:
took the test
Answer:
Is advertising influencing her? What are her motivations? Has she compared prices? Is she buying at the right time?Explanation:
on edge2021! hope this helps!!~ °˖✧◝(⁰▿⁰)◜✧˖°
A total of $8000 is invested: part at 6% and the remainder at 11%. How much is invested at each rate if the annual interest is $500?
Answer: See explanation
Explanation:
Based on the scenario in the question, our calculation goes thus:
0.11x + 0.06(8000 - x) = 500
0.11x + 480 - 0.06x = 500
0.11x - 0.06x = 500 - 480
0.05x = 20
x = 20/0.05
x = 400
$400 was invested at 11%
Also, 8000 - 400 = 7600 invested at 6%
Answer: Based on the scenario in the question, our calculation goes thus:0.11x + 0.06(8000 - x) = 5000.11x + 480 - 0.06x = 5000.11x - 0.06x = 500 - 4800.05x = 20x = 20/0.05x = 400$400 was invested at 11%Also, 8000 - 400 = 7600 invested at 6%
Explanation:
econ 100a final practice In a perfectly competitive market, firms take the market price as a given, which implies that the market demand is:
Answer:
Perfectly elastic
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
the market demand is perfectly elastic because goods in a perfect competition are identical, if a producer increase its price, consumers would stop demanding for the producer goods and shift to another producer.
lhow do I work brain the brain
open the brain and release its contents
A firm will often split the stock to keep the stock price within a proper trading range.
a. True
b. False
Answer:
a. True
Explanation:
Many times a corporation might carry out a stock split in order to prevent the price of its stock to become too expensive. E.g. when Apple's stocks get too expensive, stock splits occur, The last occasion the split stocks was 7:1, i.e. for every existing Apple stock, 6 new ones were issued.
This occurs because if the price of the stock is too high, it will be harder for small investors. Remember that the total capitalization is not affected by a stock split.
How do i get as much mony as bill gates todey?
Answer:
be very famous
Explanation:
Which document gives Congress the power to lay and collect taxes?
O The Bill of Rights
O The Constitution
O The Declaration of Independence
O The Pledge of Allegiance
A project that cost $80000 with a useful life of 5 years is being considered. Straight-line depreciation is being used and salvage value is $5000. The project will generate annual revenues of $24350. The annual rate of return is:_______
a. 17%
b. 50.3%
c. 16%
d. 15%
Answer:
22%
Explanation:
Net income = Annual cash flow - Depreciation
Net income = 24350 - (80,000-5,000 / 5)
Net income = 24350 - 15,000
Net income = $9350
Average investment = Beg. value + End. Value / 2
Average investment = 80,000 + 5,000 / 2
Average investment = $42,500
Annual rate of return = Net income / Average investment * 100
Annual rate of return = $9350 / $42,500 * 100
Annual rate of return = 0.22 * 100
Annual rate of return = 22%
Answer:Annual Rate of Return =22%
The correct option is not given
Explanation:
Annual Rate of Return = Net Income / Average Investment x 100
Net Income= Annual Cash flow - Depreciation
Straight-line depreciation =Cost - salvage value / useful years
= 80,000 - 5,000 / 5
75,000/5= $15,000
Net Income=$24,350 - $15,000
=$9,350
Average Investment= Initial investment + salvage value / 2
$80,000 + 5000 / 2
= $85,000/ 2
$42,500
Annual Rate of Return =$9, 350/ $42,500 x 100
= 0.22 x100
=22%
Jill Green has w-2 wages of $165,000. Her employer withheld medicare taxes at 1.45% of her W-2 amount. Her husband, Bill Green, has w-2 wages of $97,000. His employer withheld medicare taxes at 1.45% of his W-2 wages. They file a joint tax return.
Determine what amount, if any, is the additional high wage surtax that will be computed on their tax filing.
Answer:
Jill Green and Bill Green
The additional high wage surtax for the joint filers is
$108.
Explanation:
Medicare tax rate = 1.45%
Surtax rate = 0.9%
Jill Green's w-2 wages = $165,000
Bill Green's w-2 wages = 97,000
W-2 wages for couple = $262,000
Threshold for joint filers = 250,000
Excess w-2 wages = $12,000
Additional high wage surtax = $12,000 * 0.9% = $108
b) Jill and Bill Green, who are filing jointly, are expected to pay an additional Medicare tax of 0.9% on their W-2 income in excess of $250,000. The Additional Medicare Tax (AMT) on Wages is imposed on employees only. Employers match the regular Medicare tax of 1.45%. Medicare wages are reported on Form W-2 and are usually based on an employee's total wages for the year less certain benefit deductions, such as medical and dental insurance premiums, health savings accounts, and contributions to dependent care flexible spending arrangements.
Select the correct answer.
Annie runs a group therapy session on anger management. In one of the sessions, she finds that the members have become aggressive and are having heated arguments with each other. What technique can Annie use to bring the discussion back into order?
A. terminate the discussion for the day
B. call for a moment of silence
C. pass a clipboard for people to write their feelings
D. ask the aggressive members to leave the group
E. introduce humor in the session to ward off the argument
Answer:
c. pass a clipboard for people to write their feelings.
Explanation:
terminating the discussion won't solve their hassles in their head nor asking them to leave. moment of silence, yeah it can be done but won't be that effective. so as for me I would suggest to know each of their feelings and understand them. that way we may be able to give opinions on each other's thought.
Answer:
B. call for a moment of silence
Explanation:
"Proposing silence: A moment of silence can help people to calm down and refocus if tensions are high. This also helps when there is a lot of crosstalk with people interrupting each other."
correct on plato/edmentum :)
Avocado Company has an operating income of $108,000 on revenues of $1,054,000. Average invested assets are $505,000 and Avocado Company has an 8% cost of capital. What is the residual income
Answer:
$67,960
Explanation:
Residual income = Operating income - (Average invested assets * Cost of capital)
Residual income = $108,000 - ($500,500 * 8%)
Residual income = $108,000 - $40,040
Residual income = $67,960
Thus, the residual income is $67,960
True or False: The volume of trading conducted in contracts for interest rate and exchange rate futures is greater than the volume of trading occurring in commodity futures contracts.
a. True
b. False
Answer: True
Explanation:
The statement that "the volume of trading conducted in contracts for interest rate and exchange rate futures is greater than the volume of trading occurring in commodity futures contracts" is true.
It should be noted that multinational corporations, firms and financial institutions make investments that has to do with contacts for interest rate and exchange rates. This is typically more common than that of trades in the commodity future contacts.
A wholly owned international subsidiary exists when a company owns 100% equity control of a foreign subsidiary.
a. true
b. false
Answer: a. true
Explanation:
A wholly owned subsidiary as the term implies means that the company is question has all 100% of its equity owned by another company which will be referred to as the parent company.
If the company(subsidiary) happens to be in another country and is still 100% owned by a company not in the country, the subsidiary is a wholly owned international subsidiary.
____ is the production of goods or services within an economy and can include anything from farming, to furniture making, to healthcare services.
Answer:
I believe it's a market economy.
Explanation:
The conflict escalation cycle:___________.
a. rarely occurs in organizational settings.
b. helps employees to shift from relationship to constructive conflict.
c. helps the conflicting parties to remove the sources of conflict.
d. includes the situation where behaviors during manifest conflict influence the perception of conflict to the other party.
Answer:
Option d. Includes the situation where behaviors during manifest influence the preception of the conflict to the other party.
Explanation:
Conflict is simply known to be a form of disagreement between two or more people over a particular matter at hand or situation that occurred. Its processes includes when one party perceives that the interests are being opposed or negatively affected by another party.
The Conflict Proces usually covers the sources of conflict, the conflict Perception, how it is Manifest and its general outcomes.
In Conflict Escalation Cycle, when conflict occurs, perceptions and emotions get involved fully and this makes the conflict worse. There are different stages of escalation. It includes;
1. Hardening
2. Debate & Polemics
3. Actions, Not Words
4. Images & Coalitions
5. Loss of Face and others
The 2008-2009 recession must have been a result of ________ because otherwise the combination of the ________ cannot be explained.
a. a decrease in AD and an increase in AS; fall in the price level and the decrease in real GDP
b. a decrease in AD and an increase in AS; rise in the price level and the decrease in real GDP
c. an increase in AD and AS; rise in the price level and the decrease in real GDP
d. a decrease in AD and AS; rise in the price level and the decrease in real GDP
e. a decrease in AD and AS; decrease in the price level and the decrease in real GDP
Answer:
a. a decrease in AD and an increase in AS; fall in the price level and the decrease in real GDP
Explanation:
During a recession, the aggregate demand is the first to decrease. As a result of lower demand, inventories will increase resulting in an increase in the aggregate supply. Recessions tend to decrease inflation, which results in lower price levels and an overall decrease in real GDP. Recessions will continue until the aggregate demand increases again, increasing the aggregate supply.
_____ is the rate that causes the present value of all cash flows from a property (including its resale value) to be equal to the original purchase price of the property.
a) IRR
b) NPV
c) TWR
d) TVM
Answer:
a) IRR
Explanation:
The internal rate of return is the rate of return at which the net present value is zero
The net present value means the difference between the present value of all cash inflows after discounted and the initial investment
Therefore when the above two things are equivalent to each other so this we called as internal rate of return (IRR)
hence, the correct option is a.
Assume that Smith deposits $500 in currency into her checking account in the XYZ Bank. Later that same day, Jones negotiates a loan for $2,000 at the same bank. In what direction and by what amount has the supply of money changed?
Answer: See explanation
Explanation:
Supply of money simply means the money available at a particular time period for an economy.
In the above scenario, the loan of $2000 will lead to an increase in the supply of money available in the economy by $2000.
It should be noted that the deposit made by Smith in the value of $500 does not bring about in the change of the money supply. This is because tye. $500 is still considered to be part of the money supply that is available in the economy.
