.
The answer of this question is No...
Widgets, Inc., plans to produce 8,000 widgets during the upcoming year. Each widget requires four direct labor hours at $25 per hour and $110 in direct material costs. Manufacturing overhead is assigned based on direct labor hours and is estimated to be $625,000 for the upcoming year. Compute the predetermined overhead rate per direct labor hour. Multiple choice question. $25.00
The predetermined overhead rate per direct labor hour is:$19.53.
Predetermined overhead rateFirst step
Direct labor hours= 4×8,000
Direct labor hours= 32,000 hours
Second step
Predetermined overhead rate=Estimated overhead costs/Direct labor hours
Predetermined overhead rate=$625,000/32,000
Predetermined overhead rate=$19.53 per direct labor hour
Inconclusion the predetermined overhead rate per direct labor hour is:$19.53.
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You are trying to pick an account to put your money in. Why is the Rule of 72 useful during this process?
Answer:
The rule of 72 is a simple formula that shows how quick your money will double at a given return rate. Essentially, you can divide 72 by your annual compound interest rate and see how many years it will take for your investment to double.
Explanation: I hope this answer your question. if this wrong or correct please let me know.
________ refers to the way entrepreneurs identify new products or services that may lead to promising businesses. A. Focused-based decisions B. Elasticity C. Opportunity recognition D. Cost-benefit analysis
Answer:opportunity recognition
Explanation: identifieidentifies and selects entrepreneurial opportunities
As posited by carroll’s pyramid, the first and foundational responsibility of organizations in the global economy is to:.
The aim of making a profit consistent with expectations for international businesses is the first and foundational responsibility of organizations in the global economy is to.
What are international businesses?An international businesses means a business that involves in national exchanges of goods, services, or resources.
In conclusion, the aim of making a profit consistent with expectations for international businesses is the first and foundational responsibility of organizations in the global economy is to.
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Clare sells gourmet boxes of chocolates. One box of chocolates costs Nancy $6.75 to produce. She sells her boxes of chocolate for $10.00.
What is Clare's
return on investment (ROI)?
A.46%
B.45%
C.48%
D.47%
Based on the information given s Clare's return on investment (ROI) is: C.48%.
Return on investment (ROI)Using this formula
Return on investment (ROI)=Selling price-Cost of production/Selling price ×100
Where:
Selling price=$10
Cost of production=$6.75
Let plug in the formula
Return on investment (ROI)=10-6.75/6.75
Return on investment (ROI)=3.25/6.75×100
Return on investment (ROI)=48%
Inconclusion Clare's return on investment (ROI) is: C.48%.
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Answer:
48%
Explanation:
I took the quiz
How can formal business documents help managers solve problems?
A. By presenting well-organized, accurate information about a
problem
B. By creating a record of every action taken during a meeting
C. By eliminating the need for schedules and budgets to track
progress
D. By making decisions so the managers do not have to handle them
Answer:
A By presenting well organized, accurate information about a problem
Using mental math, the approximate tip to leave for a bill of $81. 79, if you tip 15% would be _____. A. $8. 20 b. $10. 30 c. $12. 30 d. $16. 40.
The approximate tip for a bill of $81.79 would be $12.30 when the tip is 15% of the bill amount.
How to calculate tip amount?Tip is the extra amount paid over a bill for the services provided by the staff. The tip when calculated as a percentage over the bill, the percentage rate is to be multiplied by the bill amount.
Given:
[tex]\rm Bill\:amount = \$81.79\\\\Rate\:of\:tip = 15\%[/tex]
The amount of tip will be calculated by calculating 15% of the bill amount.
[tex]\begin{aligned} \rm Amount \:of \:tip &= \$81.79 \times 15\%\\\\&= \$81.79 \times \dfrac{15}{100}\\\\&= \$12.2685 \end[/tex]
The approximate value of tip will be $12.30.
Therefore, option c is correct.
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What are three questions to ask yourself before you spend your emergency fund?.
Executives at Whole Foods Markets believe that their competitive advantage depends upon
a. employees
b. organic food
c. location
d. high-end experience
Chase’s chaises in arkansas produces high-quality furniture and ships its products to customers in over 40 countries. Chase’s chaises is ________ its products.
The production of high-quality furniture and shipment to customers in other countries means Chaises is exporting its products.
What is exporting?Exporting means the selling or trading of goods/ services from the home nation to a foreign country. Goods produced in a country and taken to another country for trade is known as export.
Exports are a function of global trade wherein goods made in one nation are transported to another nation for future trade or sell.
Exports are a critical component of a nation's economy, as the selling of such goods contributes to the manufacturing country's gross output.
Therefore, the above simple means that Chase’s chaises is exporting its products.
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What happens after your federal return is accepted.
Answer:
Once you are accepted, you are on the IRS payment timetable. Only the IRS knows the status of processing your tax return, whether you owe taxes or are due to a refund. In prior years, the IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year. The same results are expected for 2021.
At the beginning of the year, Smidovec Plumbing had current liabilities of $15,932 and total debt of $68,847. By year end, current liabilities were $13,870 and total debt was $72,415. What is the amount of net new borrowing for the year?
a. $5,630.
b. $2,480.
c. $3,568.
d. $4,677.
e. $2,062.
Answer:Cash flow to creditors = Interest paid - Net new borrowing
Cash flow to creditors = Interest paid - (LTDend - LTDbeg)
Cash flow to creditors = $160,000 - ($6,400,000 - 6,000,000)
Cash flow to creditors = -$240,000
Explanation:The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6 million, and the 2018 balance sheet showed long-term debt of $6.4 million. The 2018 income statement showed an interest expense of $160,000.
Which term is a general ledger account that consolidates data from a group of related sub-ledger accounts
A reconciliation account is a term that is used to describe an account in the general ledger that consolidates data from a group of sub-ledger accounts that are related.
Types of ReconciliationThe following are types of reconciliation accounts:
Reconciliation accounts are useful for showing or explaining the difference between two financial records.
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On a loan of $32,000 at 7% interest for 6 months, how much do you wind up paying to pay off the loan?.
The amount to be paid at the end of the loan period will be $33,120. The rate of interest on the loan is given as per annum and hence the interest is to be calculated for 6 months.
Calculation of settlement amount of loan:Given:
[tex]\rm Principal &= \$32,000\\\\Rate &= 7\%\:per\:annum\\\\Tenure = 6\:months[/tex]
Interest is calculated from the following formula:
[tex]\rm Interest = Principal\times Rate \times Tenure[/tex]
Hence the interest for the loan will be:
[tex]\begin{aligned}\rm Interest &= \$32,000\times 7\% \times 6\: months\\\\&= 32,000 \times \dfrac{7}{100}\times \dfrac{6}{12}\\\\&= \$1,120\end[/tex]
The final payment for the loan will be the combination of principal and interest.
Therefore final payment = $32,000 +$1,120
= $33,120
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Imagine an important customer shows up at a hotel that is fully booked, and the reservation is missing. The manager must decide how to respond to the customer. At which level would this decision be made?
An significant client arriving at a fully filled hotel without a reservation would put the decision in the manager's hands.
A business manager is a manager who oversees the activities of a team of workers inside a company or department. They work to maintain the company's productivity, efficiency, and organization at all times by putting operational strategies into place, performing performance evaluations, and supervising all daily operations.
Teams can be led by managers who can give them a trustworthy purpose and direction. It supports staff in achieving their objectives and running daily operations for the business. The following measures for managing projects and possible recruits are also planned.
Thus, as per the situation given it comes under the level of manager's level to make a decision.
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While waiting for a customer phone call with two subordinates, imagine that another subordinate walks into the room and exhibits agitated behavior after being unable to find something. The other employees in the room clearly feel uncomfortable as a result of this behavior. What do you say or do
It is vital to give the right response. People often behave in bizarre or arrogant way. Based on the fact that she is low in emotional intelligence, it is better not to aggravate things but you explain expectations and offer to coach or find solutions.
What is "low in emotional intelligence"?A person who is low in this, is said to be one who does not effectively handles their own emotions and impulses.
Note that the General mental ability is the ability to quickly acquire, process, and apply information.
But in the case above, she does not show effective performance, and this shows that she is low in ability to get, process, and apply information.
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The break-even point is the level of sales at which the profit equals.
Answer:
NO
Explanation:
Break even point is the point at which TC( total cost of producing goods) and TR(total revenue/income) are equal. i.e the point at which a business experience zero profit and zero loss.
If investors speculate in derivative contracts rather than the underlying asset, they will probably achieve ________ returns, and they are exposed to relatively ________ risk.
Answer:
Explanation: do your best and i hope you do good
When investors speculate on derivative contracts, they most likely achieve higher returns but incur a higher risk.
What kind of return do investors get on derivative contracts?Investors who go in on derivative contracts will most likely earn a higher return due to the nature of derivatives.
However, they will incur higher risk than when they invest in the underlying assets.
In conclusion, the answer is higher; higher.
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You are a producer of candies. In the market for candies, two events happen
simultaneously: there is an increase in the price of sugar used to make your candies, and there are news headlines that promote the link between eating candies and increasing diabetes. Which of the following is a consequence?
A. There is a decrease in the price of candies and a decrease in the quantity of candies.
B. There is a decrease in the price of candies and an increase in the quantity of candies.
C. There is an increase in the price of candies and a decrease in the quantity of candies.
D. We know for sure the quantity will decrease, but we don't know what will happen to the price unless we know the size of the shifts.
Answer:
C. There is an increase in the price of candies and a decrease in the quantity of candies.
The increase in the price of sugar and the news headlines have the consequence of both events in such a way that there is an increase in the price of candies and a decrease in the quantity of candies. Hence, option C is correct.
What are the consequences of an increase in price?The term consequences means the impact of anything or any event on the whole society. Whenever there is an increase in the price of any product, the direct effect of this increase is on the production cost.
With the increase in production, there will be an increase in the selling cost of the particular product whose raw material has been increased by the rate.
As per the given situation, when there is an increase in the price of sugar, which is used to produce all forms of candy, there will be an increase in the price of candies as well.
But because of the headlines in the news that give a direct connection between eating candies and increasing diabetes, will result in a decrease in the quantity of candy production.
Therefore option C is correct.
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A purely competitive firm is producing at the point where its marginal cost equals the price of its product. If the firm increases its output, then total revenue will
Answer:
Increase maybe?
Explanation:
An adjusting entry to record an accrued expense involves a debit to a(an):____.
a. expense account and a credit to Cash.
b. expense account and a credit to a prepaid account.
c. liability account and a credit to an expense account.
d. expense account and a credit to a liability account.
An adjusting entry to record an accrued expense involves a debit to a(an): c . liability account and a credit to an expense account.
What is accrued expense?Accrued expense can be defined as the expense amount that has not been paid for which is why accrued expense is refer to as a liability under account payable.
The appropriate adjusting journal entry to record accrued expense is:
Debit Liability account
Credit Expense
(To record accrued expense)
Inconclusion an adjusting entry to record an accrued expense involves a debit to a(an): c . liability account and a credit to an expense account.
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Kyle failed to make his payment by the first of this month. Kyle’s monthly payment is currently $1,200. If Kyle decides to split the missing payment into two parts and pay it over the next two months, which of the following statements is false? a. Kyle will be reported to a credit agency. B. Kyle will be charged a $75 late fee for the missing payment. C. Kyle has one business week to inform his bank of the late payment. D. Kyle’s monthly payments for the next two months will remain $1,200.
Based on the fact that he missed his monthly payment, it is false to say that D. Kyle’s monthly payments for the next two months will remain $1,200.
What happens when Kyle misses payment?He will be reported for this default to a credit agency. He will incur penalties which will be added to future payments.This means that his payments in the next two months will not be the same as the current month of $1,200 but will rather increase based on the penalty charged.
In conclusion, option D is correct.
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Answer:
D
Explanation:
Upton Industries has revenues of $42,629, interest expense of $1,230, depreciation of $2,609, cost of goods sold of $23,704, dividends paid of $1,200, and administrative expenses of $7,040. Assume the tax rate is 22 percent. What is the addition to retained earnings?
A) $5,075.88.
B) $4,630.19.
C) $3,766.67.
D) $4,903.18.
E) $5,230.04.
Based on the various transactions, the addition to retained earnings was A. $5,075.88
What was the after tax net profit ?This can be found as:
= (Revenues - Interest expense - Depreciation - Cost of goods sold - Admin expenses) x ( 1 - tax)
= (42,629 - 1,230 - 2,609 - 23,704 - 7,040) x ( 1 - 22%)
= $6,275.88
Addition to retained earnings= After tax net profit - Dividends paid
= 6,275.88 - 1,200
= $5,075.88
In conclusion, option A is correct.
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Economics is the study of how society manages its :_______.
i. limited wants and unlimited resources.
ii. unlimited wants and unlimited resources.
iii. limited wants and limited resources.
iv. unlimited wants and limited resources.
1. What are the building blocks of a personality?
Select the two that apply.
a. emotional qualities
b. ethnic identity
c. level of education
d. physical characteristics
e. ways of behaving
The two building blocks of a personality among the options provided are: emotional qualities and ways of behaving. (Option A and E)
What are Building Blocks of a Personality?Personality is a complex and multi-dimensional construct that encompasses a range of characteristics, traits, and behaviors that make an individual unique. The building blocks of a personality refer to the fundamental components that contribute to shaping an individual's distinct character and behavior.
It's important to note that personality is a complex interplay of the building blocks, and there is no single factor that solely determines an individual's personality. Rather, it's the combination and interaction of these components that create a unique and multifaceted personality profile.
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A pizza delivery worker purchased a used motor scooter that had been driven 12100 miles. He drives the motor scooter only on days he is working, during which he drives an average of 50 miles per day. After d days of pizza delivery, the motor scooter has been driven a total of 25000 miles. Which of the following equations best models this situation?
A. 50 (12100 + d) = 25000
B. (12100 + d) 50 = 25000
C. 12100d + 50 = 25000
D. 12100 + 50d = 25000
Answer:
D. 12100 + 50d = 25000
Explanation:
total scooter drive before purchase = 12100 miles
worker drives scooter on his working days d = 50 miles per day
1st; to find d,
we will subtract 25000 miles (total drive of scooter) from 12100 miles
25000 - 12100 = 12900 miles
Now divide 12900 miles into 50 miles (per working day d)
12900 / 50 = 258 days
As d = 258 days, we can rewrite equation as
12100 + 50 (258) = 25000
12100 + 50 * 258 = 25000
12100 + 12900 = 25000 Answer.
The total amount of deductions from an employee’s gross pay is $83. 20. If the gross pay is $378. 18, what percent of their gross pay is being withheld? a. 21% b. 22% c. 23% d. 24%.
Percentage is a mathematical representation of the relationship of ratio of two numbers and can be denoted by "%" sign.
Here a certain percentage of employees pay is withheld and we have to find out the amount in percentage using the given data.
Given,
Gross pay is $378.18
Deductions are $83.20
CalculationFor calculating percentage we will put the base amount in denominator and the concerned amount on which the percentage has to be calculated in numerator and multiplying the outcome by 100.
[tex]\rm Percentage&= \dfrac{Deductions}{Gross\:pay} \times 100\\\\Percentage&=\dfrac{\$83.20}{\$378.18} \times 100\\Percentage&= 22 \%[/tex]
Therefore the percent of their gross pay is being withheld is 22% , OPTION B is correct.
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HELP QUICK WILL MARK BRAINLIEST Give 3 slogans or “catchphrases” from current businesses employ, whose message communicates positive customer service. For example, United Airlines’ slogan is “Fly the Friendly Sky”
The+ebit+of+a+firm+is+$300,+the+tax+rate+is+35%,+the+depreciation+is+$20,+capital+expenditures+are+$60+and+the+decrease+in+net+working+capital+is+$30. +what+is+the+free+cash+flow+to+the+firm?.
Answer:
Answer:
$215
Explanation:
Eagles product has an EBIT of $400
Its tax rate is 30%
= 30/100
= 0.3
The depreciation is $16
The capital expenditures are $56
The planned increase in net working capital is $25
Therefore, the free cash flow to the firm can be calculated as follows
Free cash flow= EBIT(1-tax)+depreciation-capital expenditures- change in working capital
= 400(1-0.3)+16-56-25
= 400-120+16-56-25
= $215
Hence the free cash flow to the firm is $215
is possible for one person to have an ABSOLUTE advantage in both goods at the same time. True False
Answer:
I think the answer is false
