Using traditional costing based on direct labor hours, $170,000 of overhead costs are assigned to Product X this year. The allocation is determined by multiplying the overhead allocation rate of $100 per hour by the direct labor hours of 1,700 for Product X.
To calculate the overhead assigned to Product X using traditional costing based on direct labor hours, we need to determine the overhead allocation rate per direct labor hour and multiply it by the number of direct labor hours for Product X. Here's how we can calculate it:
Overhead allocation rate per direct labor hour:
Total overhead costs / Total direct labor hours = $350,000 / 3,500 hours = $100 per hour
Overhead assigned to Product X:
Overhead allocation rate per direct labor hour * Direct labor hours for Product X = $100/hour * 1,700 hours = $170,000
Therefore, $170,000 of overhead is assigned to Product X this year using traditional costing based on direct labor hours.
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compute the days' sales in inventory. (round interim calculations to two decimal places, x.xx and round your final answer to the nearest whole day.) the days' sales in inventory =
The days' sales in inventory is a financial metric that measures the number of days it takes for a company to sell its inventory. This metric is useful for determining how efficient a company is at managing its inventory levels and converting inventory into sales.
To calculate the days' sales in inventory, you need to divide the average inventory by the cost of goods sold per day. The average inventory is calculated by adding the beginning inventory and ending inventory for a period and dividing by two.
For example, let's say a company has a beginning inventory of $100,000 and an ending inventory of $150,000 over a one-year period. The average inventory would be ($100,000 + $150,000) / 2 = $125,000.
Next, you need to calculate the cost of goods sold per day. To do this, you divide the total cost of goods sold for the period by the number of days in the period. Let's say the company's cost of goods sold for the year is $500,000 and there are 365 days in the year. The cost of goods sold per day would be $500,000 / 365 = $1,369.86.
Finally, to calculate the days' sales in inventory, you divide the average inventory by the cost of goods sold per day. Using our example numbers, the days' sales in inventory would be $125,000 / $1,369.86 = 91.15 days. Rounded to the nearest whole day, the answer would be 91 days.
In conclusion, the days' sales in inventory metric provides insight into a company's ability to manage its inventory levels and convert inventory into sales. By calculating this metric, businesses can identify potential inefficiencies and make strategic decisions to improve their operations.
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complete question
compute the days' sales in inventory. (round interim calculations to two decimal places, x.xx and round your final answer to the nearest whole day.) explain with one example including the days' sales in inventory.
Leadership ability is important to managers because
a-business will not hire a manager without leadership skills
b-leadership helps managers satisfy employees needs while also meeting the goals of the business
c- managers must get work done whether or not employees want to do it
Which of the follow is NOT a good place to gather and evaluate investment options?
a Social Media
b Newspapers and magazines
c Brokers and advisers
d Company financial reports
The set of long-term decisions a firm makes about the size of its plants and equipment is itsGroup of answer choicesutilization strategycapacity strategyNone of the aboveworker study plan--------------------------------------------Capacity utilization is the amount of overtime labor a manager will allow employees to work.Group of answer choicesTrueFalse----------------------------------------A good, 5S definition of "Standardize" is:Group of answer choicesBeing organized to prevent untidinessDefine procedures for cleaningNone of the abovePutting up signs that promote cleaning---------------------------------------------------Capacity is varied to meet the highest level of demand at a particular time in a peak demand strategy.Group of answer choicesTrueFalse
The set of long-term decisions a firm makes about the size of its plants and equipment is its capacity strategy. This strategy determines the maximum level of output that a firm can produce in a given period of time.
Capacity strategy is important because it influences a firm's ability to meet the demand for its products and services.
False. Capacity utilization refers to the degree to which a firm's production capacity is being used. It is the ratio of actual output to the maximum output that could be produced with the available resources.
Being organized to prevent untidiness is not a good definition of "Standardized" in the 5S methodology. A better definition would be to define procedures for cleaning and maintaining a workplace to ensure consistency and efficiency.
False. In a peak demand strategy, a firm increases its capacity to meet the highest level of demand at a particular time. This may involve adding more equipment or hiring additional workers to increase production.
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_____ questions often present interviewees with a scenario they are likely to encounter on the job and ask them to indicate how they would handle it.
Answer:
Situational
Explanation:
Situational questions often present interviewees with a scenario they are likely to encounter on the job and ask them to indicate how they would handle it.
HURRYY !! Which career pathway has the highest degree of self-employment?
A. Law Enforcement Services
B. Corrections Services
C. Legal Services
D. Security and Protective Services
Answer:
either B or C but I am going with C
Explanation:
I mean, Legal services, you are a lawyer or equal to that job.
Answer:
The answer is D
Explanation:
Jiro has long had a passion for creation of Sushi, but before he can open his own
restaurant he will need experience in your kitchen as the:
Answer in lower case, and do not use accent symbols
Answer
*
But before he can open his own restaurant he will need experience in your kitchen as the chef.
Enjoy refers to conscious activities in well-known, more in particular to perceptions, or to the realistic understanding and familiarity this is produced by those conscious approaches. Understood as a conscious occasion in the widest feel, enjoy entails a subject to which numerous items are offered. On this sense, seeing a yellow chicken on a department offers the subject with the gadgets "chook" and "department", the relation among them and the belongings "yellow". Unreal objects may be blanketed as properly, which happens while experiencing hallucinations or dreams. Whilst understood in a more constrained feel, simplest sensory recognition counts as experience. On this feel, experience is typically identified with notion and contrasted with different varieties of aware activities, like thinking or imagining.
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According to the reading, what might support a premium pricing strategy? a) Forming your business as a corporation b) Fresh ingredients c) 24 hour operation d) None of the above
Answer: Fresh ingredients
Explanation:
tori is a freelance photographer and her net earnings were $80,000. calculate tori’s payroll taxes if she was a full time employee
Tori’s payroll taxes if she was a full time employee of the company will be $11304.
How to compute the tax?From the given information, the net income is $80000, tax rate is 15.3% for social security and Medicare.
Therefore, the tax paid by Tori will be:
= 15.3% × $73880
= $11304
In conclusion, the tax will be $11304
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Calculating your expenses helps you budget because
Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them
Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.
By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.
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The government created the Federal Deposit Insurance Corporation (FDIC):
The answer is On June 16, 1933, President Franklin Roosevelt signed the Banking Act of 1933, a part of which established the FDIC.
This is how government created the Federal Deposit Insurance Corporation (FDIC).
What is the straightforward definition of insurance?Insurance, usually referred to as insurance coverage or insurance policy, is a contract between the insurer and the insured.
What is insurance, and why is it necessary?Its goal is to lessen financial uncertainty and mitigate unintentional loss. It achieves this by exchanging the promise to pay in the case of a substantial loss for the payment of a small, predictable fee—an insurance premium—to a reputable insurer.
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As a rule when the collective impact of the five competitive forces is moderate to weak?
a. industry members have a very strong incentive to try to strongly differentiate their product offerings and create high degrees of customer loyalty for their brands. b. the greater the number of industry key success factors. c. the more scattered are the strategic groups on the industry's strategic group map. d. the easier it is for industry members to earn good profits and a nice return on investment. the weaker are the industry's driving forces.
Industry participants have a very strong motivation to work hard to distinguish their product offers and foster high levels of brand loyalty.
Customer loyalty is a measure of a customer's propensity to do business with a company or brand again. It derives from customer satisfaction, positive client interactions, and the overall worth of the goods or services a customer receives from a company.
Extend special offers, sales, and discounts as a "thank you" for their business to keep your customers coming back. Make sure the special price or offer is relevant to each individual customer's needs to increase success rates.
Customers who are loyal to you will interact with you and make repeat purchases from you rather than from your competitors because of the ongoing emotional connection you have with them.
Customers who stick with one company are less vulnerable to changes in pricing or availability. They would rather spend more money and receive the same superior goods and services they have grown accustomed to. Customers become loyal to a firm when it consistently fulfills and exceeds their expectations.
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in exclusive dealing, a producer may agree not to sell to other dealers in a given area. true false
A producer may agree not to sell to other dealers in a specific area in exclusive dealing. Logistics that is focused on the customer begins in the marketplace and works its way back to the factory.
Management of materials' upstream and downstream value-added flows is part of supply chain management.
Is it a practice in which a manufacturer and a dealer agree to sell a brand?
Full-line forcing is a practice in which a manufacturer agrees to sell a brand to a dealer only if the dealer agrees to sell all or some of the manufacturer's other lines.
Is there a procedure for granting exclusive distribution rights to a select group of dealers in each territory?
An agreement between a supplier and a retailer granting the retailer exclusive rights to carry the supplier's product in a specific area is known as exclusive distribution. The retailer's supply of products is frequently severely restricted by the supplier.
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A $20 bill features which of the following on the reverse?
A. US Treasury
B. White House
C. US. Capital
D. Independence Hal
Answer:
B. White House
Explanation:
A portrait of the White house is the main feature visible at the reverse of a $20 bill. The bill has security features, but the White house Image is dominant. At the front, a portrait of the 7th US president Andrew Jackson is visible
Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.
Create a mission statement specific to what you are setting out to accomplish.
Consider the following questions and make notes:
What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks
Immediate
Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term
Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff
How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget
Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?
Evaluation
Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.
Name
Finally, after considering the nature of your organization, develop a name for it.
Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.
To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.
How to create a business plan?It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.
The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.
Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.
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A person's overall evaluation of a product can be quantified by multiplying the sum of the performance ratings of the product by the importance weight of each characteristic. true or false
The statement is True.
A person's overall product evaluation can be quantified by multiplying the sum of the performance ratings of the product by the importance weight of each characteristic. Based on the approach of user experience measurement, the evaluation procedure for products' performance (performance metrics) and users' understanding (self-reported metrics) are utilized to examine the level of efficacy, learnability, and ease of use to assess the products fully. Then all the factors are incorporated to be an exhaustive evaluation level for the products, and the products are categorized based on them.
The meaning of product evaluation is to assess the quality of products in order to recapitulate the experience as advice for follow-up design. Procedures and methodologies of user experience measures are applied to the scope of product evaluation. The outcomes of product evaluation are acquired by dealing with and analyzing various sorts of data. And some usability issues are received and prioritized as recommendations on product design.
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Car inspection: Of all the registered automobiles in a city, 11% fail the emissions test. Fourteen automobiles are selected at random to undergo an emissions test. Round the answers to four decima
The probability of exactly two out of 14 vehicles failing the emissions test is 0.1536 or 15.36% (rounded to four decimal places)
The problem presents the probability of an automobile failing the emissions test and a sample of 14 vehicles are taken.
To find the probability that a given number of automobiles pass or fail the test, we can use binomial probability. The binomial probability is used to calculate the probability of success or failure in a fixed number of independent trials under identical conditions.
Car inspection: Of all the registered automobiles in a city, 11% fail the emissions test. Fourteen automobiles are selected at random to undergo an emissions test. Round the answers to four decimals.The probability of an automobile failing the emissions test is 0.11.
A sample of 14 automobiles is taken.The probability of finding exactly k successes in n trials is given by;P(X=k)=nCkPk(1−P)n−k
where, n is the number of trials, k is the number of successes, P is the probability of success in any trial, and 1-P is the probability of failure.
We are interested in finding the probability that out of 14 vehicles, exactly two fail the emissions test, that is, P(X=2).P(X=2) = 14C2 (0.11)² (0.89)¹²= 91 (0.0121) (0.1215)≈ 0.1536 or 15.36%.
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If the certificate of limited partnership that is filed with the secretary of state is substantially defective, a general partnership is created.
a. true
b. false
A).If the certificate of limited partnership that is filed with the secretary of state is substantially defective, a general partnership is created. The statement given above is true.
What is a general partnership? A general partnership is a business structure in which two or more people share ownership and liability for the business. A general partnership is an agreement between two or more persons (partners) to conduct business together for a profit. A limited partnership is a business arrangement in which only one partner is held responsible for the debts incurred by the company. The other partners, known as limited partners, are only liable up to the amount of money they've invested. When a certificate of limited partnership is filed with the secretary of state, it creates a limited partnership, not a general partnership.
However, if the certificate of limited partnership is significantly defective, the partnership is deemed a general partnership. As a result, all partners are equally responsible for the partnership's debts and obligations. As a result, option a is correct (True).
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In parliamentary procedure, a meeting begins when the chair person says which of the following phrases?
a. We will now begin the meeting.
b. The meeting has been called.
C. The meeting will now come to order.
d. There shall be order and commencement.
Answer:
c
Explanation:
got it right on test
In parliamentary procedure, a meeting begins when the chairperson says The meeting will now come to order. Thus option A is correct.
What is parliamentary procedure?A parliamentary system, sometimes known as a parliamentarian system, is a method of democratic government whereby the executive branch obtains the backing of the legislative, usually a parliament, to whom it is answerable.
A really well agenda results in shorter sessions that go more smoothly. The topics that will be covered in what order should be listed on the agenda. Establish a priority list if there are multiple critical items.
Ahead-of-time preparation and the use of agendas is preferred by some boards. This was stating that there will be a commencement. Therefore, option A is the correct option.
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There commencement.
What is your current role as a team member either at work, school, family, or sports? How will that role change in the future?
PLEASE ANSWER
The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?
Answer:
There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.
The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:
There was a need to reduce the influence of the wealthyAccording to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.
As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.
With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.
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Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock?
The value of each share if you calculate it as $1,000,000/2,000 =500.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
The process of announcing new shares of stock to the people for the first time in a private company is known as an initial public offering (IPO). An IPO allows a company to request equity capital from the general public.
The business has grown as a pre-IPO private company with a very small number of proprietors who own the stock in the company.
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The complete question is Probably
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =
Which of the following best exemplifies structural unemployment?
A college graduate is looking for her first job.
An unemployed electrician does odd jobs for cash on the weekends.
A surveyor was laid off when his company relocated to the Midwest.
A real estate agent is looking for a new brokerage that pays better commissions.
A high school student who worked part-time at Chick-Fil-A® was laid off when sales fell.
Answer: A surveyor was laid off when his company relocated to the Midwest is an example of structural unemployment .
Explanation: Structural unemployment occurs due to job relocation, skill mismatches, rapidly growing population, slow rate of capital formation, demand for labor fall short.
And also due to the fundamental changes in the structure of the economy.
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Why do managers get paid more?
A. They have worked longer.
B. Their job is harder.
C. They control the paycheck.
The answer is B. Their job is harder.
The reason for this is that managing people can be very challenging. There is a lot of unpredictable behavior on their part most of the time. It is difficult to get your subordinates to do the work you ask them to do. It requires a high level of skill and experience.
an enterprise in which two or more firms or investors (including governments) share ownership of a business and its property rights is called a(n): group of answer choices
A company in which two or more companies or investors,including governments,share ownership of a business and its property rights is known as a business.
A shareholder is any person, company or institution that owns at least one share in a company.A partnership is a formal agreement between two or more parties to manage and operate a business and share its profits.There are various types of society.The corporation that issues shares that can be freely bought and sold is called a public company.At the same time, several studies indicate that many small business owners are very reluctant to share shares with outside investors, few companies get it.A sole proprietorship,also known as a sole trader,is owned by and operated by one person for his or her benefit.A partnership is a business owned by two or more.
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There is not a deadline for the "T" part of the SMART goal-writing criteria.
2 points
True
False
Answer:
FALSE I know bc I just did it
Explanation:
If the state of Georgia had an exceptionally large crop of peanuts, what would happen to the demand for jelly
the demand for jelly would decrease
in the third step of the strategic management process, managers should:
In the third step of the strategic management process, managers should: Establish the organization's objectives .
Strategic management process simply means to formulate organization strategic that will enables the organization to achieve their goals and objectives.
When managers formulate a strategy it means that they are establishing and setting the direction for their business as this will help to designate the kinds of activities that will make their plan to become a reality.
When it comes to strategic management process It is important that managers establish objectives they want to achieve when planning to take action that will help implement the plan and vision the organization has for the future.
Inconclusion In the third step of the strategic management process, managers should: Establish the organization's objectives.
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Identify and provide a comprehensive discussion of the
challenges faced by municipalities in south africa and also
recommended solutions to challenges.
Municipalities in South Africa face various challenges that hinder their effective functioning. These challenges include financial constraints, inadequate service delivery, corruption, infrastructure backlogs, and governance issues.
To address these challenges, recommended solutions include improving financial management and revenue collection, enhancing service delivery through effective planning and resource allocation, implementing transparent and accountable governance practices, investing in infrastructure development and maintenance, and promoting citizen participation and engagement.
One of the significant challenges faced by municipalities in South Africa is financial constraints. Many municipalities struggle with limited financial resources, resulting in difficulties in providing essential services and maintaining infrastructure. To address this, it is crucial to improve financial management practices, including budgeting, expenditure control, and revenue collection. Enhancing revenue collection mechanisms and exploring alternative sources of funding can help municipalities overcome financial constraints and fund necessary projects and services.
Corruption and governance issues pose significant challenges to municipalities. Implementing transparent and accountable governance practices, including strengthening internal controls and ethics management, can help mitigate these challenges. Enhancing oversight mechanisms and conducting regular audits are essential for promoting transparency and combating corruption.
Infrastructure backlogs, including housing, transportation, and basic amenities, require attention. Municipalities should invest in infrastructure development and maintenance, utilizing available funding mechanisms such as grants and partnerships with the private sector. Prioritizing infrastructure projects based on community needs and conducting regular maintenance can help address these backlogs.
In summary, addressing the challenges faced by municipalities in South Africa requires a multi-faceted approach. By implementing the recommended solutions of improving financial management, enhancing service delivery, promoting transparent governance, investing in infrastructure, and encouraging citizen participation, municipalities can overcome these challenges and work towards sustainable development and improved quality of life for their residents.
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