A company is planning to prepare a budget for the year 2017 and provides you with the following information regarding the preparation of the budget:
Particulars
Amount
Budgeted selling price per unit
$650 per unit
Total fixed costs
$155,000
Variable costs
$175 per unit
You are required to prepare a flexible budget for 500, 600, 700, and 800 units .

Organizations that emphasize the behavior of their employees rather than the processes and procedures involved are aiming to cultivate a culture or group of individuals focused on "organizational behavior" or "behavioral culture."

Organizations that prioritize the behavior of their employees over processes and procedures are typically aiming to foster an organizational culture that values and emphasizes the actions, attitudes, and interactions of its employees. This focus on behavior acknowledges that the way employees behave and interact with each other, customers, and stakeholders can significantly impact the organization's overall performance and success.

By emphasizing employee behavior, organizations seek to create a positive work environment that promotes collaboration, teamwork, effective communication, adaptability, and innovation. They recognize that employee behavior is a key driver of productivity, customer satisfaction, and overall organizational effectiveness.

Rather than solely relying on strict adherence to processes and procedures, these organizations prioritize aspects such as individual and team dynamics, emotional intelligence, ethical decision-making, leadership qualities, and employee engagement. They encourage employees to demonstrate desirable behaviors, such as taking ownership, being proactive, embracing change, practicing effective conflict resolution, and continuously learning and improving.

Cultivating a behavioral-focused culture involves setting clear expectations for behavior, providing training and development opportunities, implementing performance management systems that assess and reward desired behaviors, and fostering open communication channels where employees feel empowered to express their ideas, concerns, and feedback.

By nurturing a culture that emphasizes behavior, organizations aim to create a positive and engaging work environment that drives employee satisfaction, retention, and ultimately contributes to the organization's overall success.

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The present value of $1,000 to be received in 12 years invested at a rate of 8% is $397.

Present value, also known as present discounted value, is the value of an expected income stream determined as of the date of valuation.

To calculate the present value of $1,000 to be received in 12 years invested at a rate of 8%, we can use the formula for present value of a future sum:

Present Value = Future Value (1/ (1 + Interest Rate)^Number of Years)

\(PV = FV (\frac{1}{(1 + r)^12} )\)

Plugging in the values we have:

\(PV = 1000 (\frac{1}{(1 + 0.08)^12} )\)

      = \(1000 (\frac{1}{(1.08)^12} )\)

      = \(1000 (\frac{1}{2.5182} )\)

      = 1000 x 0.3971

      = $397.10

Therefore, the present value of $1,000 to be received in 12 years invested at a rate of 8% is approximately $397.

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In the hypothetical situation, an investor will sell a put option with a strike price of $35 for $7 and purchase a put option with a strike price of $30 for $4. The call's strike price ought to be set at a premium to the stock's current price that the investor feels comfortable accepting.

In particular, the investor's prediction for this stock should be that it won't climb above the call's strike price. The cost at which a put or call option may be exercised is known as the striking price of an option. The workout price is another name for it.

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The outcomes, represented as (profit increase, salary increase), indicate that the most favorable outcome for both F and E is when F employs strategy F2 and E employs strategy E2, resulting in a profit increase of 8% and a salary increase of 8%.

By analyzing the possible strategies and their corresponding outcomes, it becomes clear that F2 and E2 offer the highest gains for both parties. However, to achieve a more optimal outcome, F and E could employ cooperative negotiation strategies. This approach would involve open communication, compromise, and finding a mutually beneficial solution that balances profit maximization for F and salary maximization for E. By focusing on long-term sustainability and growth, both parties can work together to create a win-win situation that addresses their respective objectives.

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The income elasticity of demand is calculated for a good with an initial price of Br. 10 and different levels of income. The good is determined to be normal, and as income increases, the proportion of household income spent on the good decreases due to its income elasticity being less than 1.

The formula for income elasticity of demand is

% change in quantity demanded / % change in income

When income increases from Br. 10,000 to Br. 20,000, the percentage change in income is 100% [(20,000-10,000)/10,000]. The percentage change in quantity demanded is 20% [(60-50)/50]. Thus, income elasticity of demand is 0.2/1 = 0.2.

When income increases from Br. 40,000 to Br. 50,000, the percentage change in income is 25% [(50,000-40,000)/40,000]. The percentage change in quantity demanded is 12.5% [(90-80)/80]. Thus, income elasticity of demand is 0.125/0.25 = 0.5.

A good is considered normal if its income elasticity of demand is positive. In this case, the income elasticity of demand is positive (0.2 and 0.5), indicating that the good is a normal good.

The proportion of household income spent on this good will decrease as income increases.

This is because the demand for this good is increasing at a slower rate than the increase in income (income elasticity of demand is less than 1). As a result, the proportion of income spent on this good will decrease with an increase in income.

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Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Answer:

A) Diatonic

Explanation:

Hope that helps

Answer:

its parallel

Explanation:

The most substantial and long-lasting productivity and improvement in the high-tech age depends on human involvement.

How much output can be produced with a given set of inputs is referred to as productivity in economics. Productivity rises when the same amount of inputs are used to produce more output or when the same amount of output is produced with fewer inputs. Productivity measures how well a person completes a task. We frequently think that getting more done every day is the key to being productive. Wrong. To be productive, one must consistently finish important duties. No matter what you are working on, there are just a handful of things that are genuinely essential.

When productivity is increasing, an economy may produce and consume more products and services for the same amount of work. Productivity is valued by people (workers and consumers), business executives, and analysts (such as policymakers and government statisticians). The secret to establishing lasting success is increasing one's own output. Yours can be bettered by fusing your interests with your career objectives in order to optimise the advantages of both aspects of your life.

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Answer: Visa card

Explanation:

Since Susan has decided that she only needs two credit cards, then she should keep the old Navy card she got her last year of high school and the Mastercard that she opened last month which has no annual fee.

In this case, since she doesn't use the Visa card that she got while in college and th e card pays an $50 annual fee for benefits that she doesn't use that much, thus means that the card isn't beneficial to her. Therefore, she should get rid of the Visa card.

Last week the price of juice was $4 and this week you discover the price has risen to $5, so the % change in the price of orange juice since last week is option d)25%.

Price is the sum of money customers are ready to spend on a thing. Companies must take supply chain costs, special discounts, rival prices, and retail markup in addition to connecting the price to the item's actual and envisioned value. When a vendor or manufacturer has monopoly power, they are referred to as price creators. Alternatively, pricing can be established by the market on its own when businesses are price takers.

An increase or decrease in the value of a security or other commodity is known as a price change in the market. The phrase can also be used to describe the variation in a commodity's closing price from one trading day to the next.

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Answer:

Free-market, or laissez-faire, economics and Keynesian theory.

Explanation:

The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.

There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.

Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.

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Answer:

team

Explanation:

got it right on my quiz

The method of determining marketing communications budgets that is not included in the given options is option C) meet the competition.

B) Sales approximation is not a commonly used method of determining marketing communications budgets. The commonly used methods of determining marketing communications budgets are: A) Percentage of sales: This method involves allocating a fixed percentage of the previous year's sales or anticipated sales for the upcoming year to the marketing communications budget.

C) Meet the competition: This method involves setting the marketing communications budget based on what competitors are spending on their marketing efforts. D) What we can afford: This method involves setting the marketing communications budget based on what the company can afford to spend. Sales approximation is not a commonly used method of determining marketing communications budgets.

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Explanation:

Digital finance platforms: Online platforms that provide financial services such as banking, investing, and lending.

Sentence: Digital finance platforms like Robinhood and Acorns have made investing more accessible to a wider range of people.

Mobile payments: Transactions that are completed using a mobile device, such as a smartphone or tablet.

Sentence: Mobile payments have become increasingly popular due to their convenience and ease of use.

Digital asset management: The process of organizing, storing, and retrieving digital files such as images, videos, and documents.

Sentence: Digital asset management software can help businesses keep track of their digital files more efficiently.

Blockchain technology: A decentralized system of digital ledgers that record transactions in a secure and transparent manner.

Sentence: Blockchain technology is often used in cryptocurrency transactions to ensure security and transparency.

Cryptography: The practice of using mathematical algorithms to secure and protect information.

Sentence: Encryption is a common form of cryptography used to protect sensitive data from unauthorized access

In a perfectly competitive market, firms cannot make economic profit in the long run due to the presence of free entry and exit. This can be illustrated in a graph:

The horizontal axis represents the quantity of output produced, and the vertical axis represents the price and cost. The demand curve (D) and the marginal revenue curve (MR) are perfectly elastic, reflecting the large number of buyers and sellers in the market.

The average total cost (ATC) and the marginal cost (MC) curves are U-shaped, indicating economies of scale at low levels of output and diminishing returns at higher levels.

In the long run, if firms are making economic profit (represented by the gap between ATC and MR), new firms are attracted to the industry due to the absence of barriers to entry. As new firms enter, the supply curve (S) shifts to the right, increasing market competition.

As more firms compete, the price decreases until it reaches the minimum average total cost (ATC) of the firms in the industry. At this point, firms earn only normal profit, where the ATC intersects with the MR curve, indicating zero economic profit.

Therefore, under perfect market conditions, firms cannot make economic profit in the long run as free entry and exit eliminate any excess profits, ensuring that the market reaches a state of equilibrium where all firms earn only normal profit.

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Answer:

a-1 $5,000 Increase

a-2 YES

b $15,000 Increase

Explanation:

a-1 Calculation for how much would companywide income increase or decrease if West Division is eliminated

Using this formula

Income =Net loss - Company-wide facility sustaining costs

Let plug in the formula

Income =$70,000-$65,000

Income =$5,000 Increase

Therefore how much would companywide income increase if West Division is eliminated is $5,000

a-2 YES West Division should be eliminated based on the above calculation reason been that the net income will increase by the amount of $5,000

b. Calculation to Determine the amount of the increase or decrease that would occur in companywide net income.

Net income =($ 270,000-$250,000)-$5,000

Net income=$20,000-$5,000

Net income=$15,000 Increase

Based on the above calculation the net income would increase by the amount of $15,000

Therefore the amount of the increase that would occur in companywide net income is $15,000

Answer:

Agatha helps people having a difficult time applying for loans.

Yasmine manages apartment buildings, and oversees their rentals to tenants.

Enrique responds to customers to resolve their complaints about items they purchased.

Explanation:

Just answered this question.

Answer:

abd

Explanation:

Borrowers who don't pay back loans.

The double declining-balance  is a depreciation method generally results in the lowest net income for the first year a plant asset is utilized.

The double declining balance  method  can  e explained as type of declining balance method that uses double the normal depreciation rate.

Some of the Depreciation rates used  are;

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Answer:

Is the answer July 4th?

Sorry I'm a bit confused.

An agent is not authorized to authorize claim payments on behalf of an insurer. An agent's role is to sell insurance policies, provide information about the policies, and assist policyholders in filing claims.

However, the authority to approve or deny claims lies with the insurer. The insurer has to assess the validity of the claim and ensure that it complies with the terms of the policy. On the other hand, agents are authorized to accept premiums from policyholders, complete insurance applications, and ask health-related questions as they help the insurer to determine the risk of insuring the policyholder. Agents are also responsible for providing guidance to policyholders, providing necessary information, and ensuring that policyholders have the right coverage.

It's important for agents to understand their roles and limitations to avoid legal issues. An agent who acts beyond their authority can put the insurer at risk of legal liability. Therefore, it's essential to be knowledgeable about the specific rules and regulations governing the insurance industry and the responsibilities of agents in that industry.

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The state of the United States' economy has an effect on local businesses that are started by entrepreneurs as it determines the amount of sales that the local business would make.

The state of the U.S. economy determines the income level of the average person in America. If the economy is doing well, then people generally have more income than if the economy is performing poorly.

When the economy is doing well and people have more income, they will be able to buy more goods and services from businesses including the local businesses established by entrepreneurs. If the reverse is the case, then local businesses would generally suffer when the economy is bad and people have less income.

There are also local businesses that see their income increase when the economy is doing poorly for instance, financial planners and health care.

In conclusion, local businesses started by entrepreneurs get affected by the state of the U.S. economy.

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Answer: If house prices rise, then the wealth effect is likely to cause an increase in consumer spending. This will cause higher Aggregate Demand (AD), and it is likely to cause an increase in Real GDP and a higher rate of economic growth.

Explanation:

The answer is B) posted on Craigslist or Monster. While job openings used to be primarily advertised in newspapers, the rise of online job search platforms such as Craigslist and Monster have made them the go-to places for job seekers.

However, it is important to note that some job openings are never advertised to the general public and are instead filled through referrals or internal promotions. Additionally, job openings can vary in the level of experience required, with some being entry-level and others requiring years of experience for senior positions. It is important for job seekers to utilize a variety of resources in their search for job openings, including job search websites, professional networking sites, and referrals from connections in their industry.

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Answer: the answer is a

Explanation:

Answer:

A country focuses on growing a specific type of crop for export instead of a wide variety of crops

Explanation: If you are on APEX it is right on the test 1.3.2

Answer: The beef should be roasted.

Explanation:

Sales revenue

Sell as is: 4000 × $3 = $12000

Processed further: = 4000 × $6.40 = $25600

Increase/Decrease in income: = $13600

Purchase cost:

Sell as is: 4000 × $4.50 = $18000

Processed further: = 4000 × $4.50 = $18000

Increase/Decrease in income: = $0

Cost of roasting:

Sell as is: 0

Processed further: = 4000 × $2.70 = $10800

Increase/Decrease in income: = -$10800

Net income = $13600 - $10800 = $2800

Since there is a net income of $2800 when they beef is roasted, therefore it should be roasted.

Answer:

The answer is A,B,E

Explanation:

Jus took the test and got a 100

The examples that demonstrate common production work environment are:

Production work environment is a workplace environment where employees conduct their work. It is where one work, including the workspace and common work areas shared with others.

The above means that production work environment is where people carry out assembling work, production work, etc.

Hence, the examples that demonstrate common production work environment are:

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Answer:

include both suppliers and forward channel partners.

Explanation:

An industry value chain can be defined as a physical representation of all of the activities and processes undertaken by a company or business firm for the manufacturing of goods and services, especially starting with the purchase of raw materials, manufacturing of finished goods and then ending with the delivery of the finished goods (products) to the market and consumers through a supply chain.

This ultimately implies that, industry value chains include both suppliers and forward channel partners.

In conclusion, an industry value chain should comprise of the margins of suppliers, value-creating activities and processes, costs, and forward channel partners.

Answer:

Transactional leader.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.

In this scenario, Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Thus, Tanya is best described as a transactional leader because she is more concerned with her team (followers) meeting set targets (goals) or defined requirements, objectives and expected level of results (performance).

This is because: Self-driving cars will be less expensive to build than current cars.

This term was coined by Joseph Schumpeter. The concept of creative destruction refers to the process of economic innovation, in which some products are replaced by others, or some firms die because they are driven out of the market by others, and so on.

When  a company produces a new good that makes the old ones already in the market obsolete, the company is said to be creatively destroying the old goods.

An classical example of creative destruction occurred when Steve Jobs introduced the Iphone in 2007.

Therefore, the emergence of self-driving cars is an example of ""creative destruction"" because self-driving cars will be less expensive to build than current cars

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