Diane Buswell is preparing the 2022 budget for one of Current Designs’ rotomolded kayaks. Extensive meetings with members of the sales department and executive team have resulted in the following unit sales projections for 2022.

Quarter 1 2,000 kayaks
Quarter 2 2,400 kayaks
Quarter 3 1,800 kayaks
Quarter 4 1,800 kayaks

Current Designs’ policy is to have finished goods ending inventory in a quarter equal to 15% of the next quarter’s anticipated sales. Preliminary sales projections for 2023 are 1,100 units for the first quarter and 2,400 units for the second quarter. Ending inventory of finished goods at December 31, 2021, will be 300 rotomolded kayaks.

Production of each kayak requires 58 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). Company policy is that the ending inventory of polyethylene powder should be 20% of the amount needed for production in the next quarter. Assume that the ending inventory of polyethylene powder on December 31, 2021, is 19,600 pounds. The finishing kits can be assembled as they are needed. As a result, Current Designs does not maintain a significant inventory of the finishing kits.

The polyethylene powder used in these kayaks costs $1.50 per pound, and the finishing kits cost $160 each. Production of a single kayak requires 4 hours of time by more experienced, type I employees and 5 hours of finishing time by type II employees. The type I employees are paid $15 per hour, and the type II employees are paid $12 per hour.

Selling and administrative expenses for this line are expected to be $50 per unit sold plus $6,100 per quarter. Manufacturing overhead is assigned at 150% of labor costs.

(a)

Prepare the production budget for this product line by quarter and in total for 2022.

(b)

Prepare the direct materials budget for this product line by quarter and in total for 2022. (Round cost per kg to 2 decimal places, e.g, 12.25 and other answers to 0 decimal places, e.g. 125.)

Answer:

Gross.

Explanation:

A Gross is the total amount of money you've made before any deductions.

A net income is gross profit with all expenses removed.

A interest is usually a percentage paid for the usage of the money.

A total is all compensation received for services throughout the year.

If ROI is used as the sole performance measure, the manager of the Lawrence Division would likely reject the additional funding.

To determine whether the manager of the Lawrence Division would likely accept or reject the additional funding based on the ROI performance measure, we need to compare the expected ROI of the Lawrence Division with the company's desired ROI.

First, let's calculate the existing ROI for the Lawrence Division:

ROI = Operating Income / Operating Assets

ROI = $144,000 / $1,600,000

ROI = 0.09 or 9%

The existing ROI of the Lawrence Division is 9%.

Next, let's calculate the ROI that could be achieved by investing the additional funds:

ROI on Additional Funds = Expected Income on Additional Funds / Additional Funds

ROI on Additional Funds = $50,400 / $600,000

ROI on Additional Funds = 0.084 or 8.4%

The ROI on the additional funds is 8.4%.

Since the Lawrence Division's existing ROI of 9% is higher than the ROI on the additional funds of 8.4%, accepting the additional funding would lower the division's overall ROI.

If ROI is used as the sole performance measure, the manager of the Lawrence Division would likely reject the additional funding. This is because the division's existing ROI is already higher than the ROI that could be achieved with the additional funds, and accepting the funds would not meet the company's desired ROI of 7%. The manager's decision would be based on maximizing the division's ROI and aligning it with the company's overall goal.

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Roswell Company has operating assets of $8,000,000. The company’s operating income for the most recent accounting period was $600,000. The Lawrence Division of Roswell controls $1,600,000 of the company’s assets and earned $144,000 of its operating income. Roswell’s desired ROI is 7 percent. Roswell has $600,000 of additional funds to invest. The manager of the Lawrence Division believes that his division could earn $50,400 on the additional funds. The highest investment opportunity to any of the company’s other divisions is 8 percent.

Required

If ROI is used as the sole performance measure, would the manager of the Lawrence Division be likely to accept or reject the additional funding? Why or why not?

Answer:

The appropriate approach is "Developing strategic plan ".

Explanation:

Goal setting is the process which involves developed action plan.

Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.

Some benefit of goal setting in an organisation includes:

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Answer:

A benefit which helps pay for continuing education

Explanation:

Some employers offer education assistance benefits to their employees to help cater to education expenses. Education assistance may cater to the employee's continuing education, their spouses, or their dependent children.

Education assistance as a benefit is an employer's way of retaining and motivating the best employees. The benefit is usually available after meeting certain requirements. Education assistance is also beneficial to the employer as it improves and updates its employees' skill sets.

Answer:

i mean they could bribe or like start selling stiff on there to get peoples attention

Answer:

Im pretty sure they can't do that

Explanation:

Because its a learning app not a money making app.

The amount of cash that the business spent during the month would depend on the specific expenses and purchases made by the business during that time period. Without more information, it is not possible to accurately determine the exact amount of cash spent by the business.

However, you can calculate the amount of cash spent by the business by adding up all of the expenses and purchases made during the month. This would include things like salaries, rent, utilities, inventory purchases, and any other expenses that the business incurred during the month.

By adding up all of these expenses, you can determine the total amount of cash that the business spent during the month.

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Answer:

tongue tied

Explanation:

they know what they want to say but can't say it

Using a credit card to balance your budget is not a budget solution, as it can lead to debt and further financial difficulties. Here option B is the correct answer.

A better approach would be to budget for such expenditures, create an account to save for next year's donations and gifts, and consider ways to give your time instead of money. These options help you prioritize your spending and avoid over-extending your finances.

Budgeting for expenditures such as charity, gift giving, and lavish birthday parties for your kids helps you plan for these expenses and make sure that you can afford to give. This way, you can avoid over-extending your finances and incurring debt.

Creating a separate account specifically for next year's donations and gifts is another good solution. This allows you to save throughout the year and ensure that you have the funds available when it's time to make a donation or purchase a gift.

Complete question:

Whether its charity, gift giving, or lavish birthday parties for your kids, it makes no sense to be generous with money you can't afford to give. Which is not a budget solution for this mistake?

A - Budget for such expenditures

B - Use a credit card to balance your budget

C - Create an account to save for next year's donations and gifts

D - Consider ways to give your time instead of money

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The increase in net operating income would be $400 and the variable cost per unit rises by $5 while the quantity increases by 80 units.

Operating income is a financial metric that measures the amount of profit a company generates from its core operations, after deducting all operational expenses such as cost of goods sold, salaries, utilities, and other expenses. It is considered an important metric for evaluating a company's financial performance, as it provides a clear picture of how well the company is able to generate revenue and control its costs Operating income is often used in combination with other financial metrics, such as gross profit and net income, to gain a more complete understanding of a company's financial health. A high operating income indicates that a company is running efficiently, while a low operating income may signal the need for cost cutting measures or operational

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The pollution has the potential for creating a health risk for water users in the region surrounding the pork production facility. Hence, option (b) will be the relevant answer choice.

Water bodies can become contaminated (also known as aquatic pollution) as a result of human activity, usually in a way that compromises the uses that can be made of the water. Lakes, rivers, oceans, aquifers, reservoirs, and groundwater are all examples of bodies of water. These bodies of water become polluted when contaminants are introduced. Agricultural practices, industrial activities, sewage discharges, and urban runoff, including stormwater, are the four main causes of water pollution. Surface water pollution (either fresh water pollution or marine pollution) and groundwater pollution are two categories that it falls under. These aquatic ecosystems may deteriorate, for instance, if wastewater that has not been properly treated is released into natural waters.

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The complete question is mentioned below :

Suppose that large-scale pork production has the potential to create ground water pollution. Why might this type of pollution be considered an externality?

a. The groundwater pollution reduces the cost of large-scale pork production.

b. The pollution has the potential for creating a health risk for water users in the region surrounding the pork production facility.

c. Consumers will not reap the benefits of lower production cost from large-scale pork production.

d. The economic impact of a large-scale pork production facility is localized in a small geographic area.

Vulnerability refers to a weakness or flaw in a system, process, or infrastructure that can be exploited by malicious actors to gain unauthorized access, disrupt operations, or compromise data integrity and confidentiality. Vulnerabilities can exist in software, networks, hardware, and even human factors.

Software Vulnerability: A software application may contain coding errors or design flaws that can be exploited.

Network Vulnerability: Weak network configurations, unsecured wireless networks, or outdated protocols can leave networks vulnerable.

Social Engineering Vulnerability: Humans can be a weak link in security.

Hardware Vulnerability: Flaws or weaknesses in hardware components can create vulnerabilities. For example, a hardware keylogger inserted between a keyboard and computer can record keystrokes.

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Using the allowance method, the correct adjusting journal entry to record bad debt expense is:

Debit Bad Debt Expense

Credit Allowance for Doubtful Accounts.

Bad debt expense can be define as the amount a company or organization assume are uncollectible because they felt the customer or client they loan would never pay back  debt  amount loan to them.

The appropriate adjusting journal entry to record bad debt expense is:

Debit Bad Debt Expense

Credit Allowance for Doubtful Accounts

(To record bad debt expense)

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Answer:

a.recipients of messages do not have to respect your requests for privacy

Answer:

$1,100

Explanation:

flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?

1,299 - 199 = 1,100

Answer:

2. What is a hospitality manager?

In general, hospitality managers oversee the day to day operations of a hotel or restaurant, which includes managing personnel, ensuring guest satisfaction, and following the appropriate steps to ensure that the facilities are well-maintained. Hospitality managers are also required to oversee the upkeep of financial and administrative records.

3. First, find a good mentor

second Be selective in your hiring

third Focus on leadership, not management

fourth Communicate, communicate, communicate

fifth Listen to your guests

sixth Keep learning

Explanation:

Hope this helps...

Peter Senge is considered the pioneer of the concept of the learning organization. He defines the learning organization as one that is skilled in creating, acquiring, and transferring knowledge and at modifying its behavior to reflect new knowledge and insights.

The five important disciplines necessary for a true learning organization according to Peter Senge are:1. Systems ThinkingThe first discipline necessary for creating a learning organization is systems thinking. It involves seeing the organization as a whole, rather than as a collection of individual parts.2. Personal MasteryPersonal mastery is the second discipline that needs to be developed in a learning organization. Personal mastery means being committed to continuously learning, growing, and improving oneself.

3. Mental ModelsThe third discipline is mental models. Mental models are the assumptions and beliefs that we hold about the world, and they can be either limiting or empowering. To become a learning organization, individuals must learn how to challenge their mental models and develop new ways of thinking.

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Answer:

   John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.

An example of a public want is a family wanting a new car.

False

Unlike good, services are performed for free

False

Resources are items used to make and provide goods and services.

True

Competition among businesses hurts the consumer.

False

Most people have unlimited wants for goods and services.

True

Resources are things necessary for making only what people need.

False

Every type of business needs labor resources to produce goods and provide services.

True

Entrepreneurial resources are different from labor resources.

True

Every society has enough productive resources to produce everything people want and need.

False

Two basic types of economic systems are a market economy and a command economy.

True

The quantity of goods that consumers are willing to buy at various prices is called request.

False

Economic systems are the methods societies use to distribute resources.

True

Another name for a market economy is a democratic system.

False

Capital goods describe the worth of all goods and services provided.

False

Economic systems are the methods societies use to distribute wealth

False

In a market economy, economic decisions are made by the market place.

True

The amount of money given or asked for when a service is bought or sold is called the value.

False

The United States has experienced two major economic shifts, starting with an agricultural economy and ending with an industrial economy.

False

Though the United States has a very high GDP compared to some countries, it has a low standard of living.

False

An important measure of economic strength is the rate of inflation.

True

The U.S. Economy is shaped by a mix of public and private forces.

True

Economies go through ups and downs.

True

Janet Yellen is currently is currently head of the Federal Reserve in the US.

True

Standards are moral principals by which people conduct themselves personally, socially, or professionally.

False

Different cultures, businesses, and industries have the same ethical standards for uniformity in international business commerce.

False

In some cultures, excessive gift giving in business is overlooked and considered ethical.

True

Most businesses follow their industry's code of ethics.

True

Business ethics focus on decisions considered good or bad, correct or incorrect

True

Knowing about business only benefits you as an employee, not a consumer.

False

A small business, as defined by the SBA, serves a limited geographic area and employs no more than 100 people.

False

A virtual business acts like a business, but is not a real business.

False

According to the American City Business Journals, small businesses that use the Internet have grown more than 45% faster than those that do not.

True

The main reason people become entrepreneurs is to have the opportunity to be creative.

False

Many successful entrepreneurs work in a related business before starting their own company.

True

Before you decide to start a particular business, you need to do market research to see if there is a demand for your product or service.

True

There are 10 essential parts of a business plan.

False

There are (3) main types of business organizations: sole proprietorship, partnerships, and corporations.

True

About half of all businesses in the US are sole proprietorships.

False

Income from a corporation is taxed twice.

True

A major disadvantage of owning a sole proprietorship is that the owner has limited liability.

False

An advantage of owning a partnership is that banks are more often more willing to lend money to partnerships than to sole proprietorships.

True

Partners, in a partnership bring different skills and talents to the business.

True

False. The highest dollar value of reserves is typically held as a precautionary measure, known as reserve contingency, to ensure financial stability and address unforeseen circumstances. Task contingency refers to the allocation of resources for specific tasks or projects, which may or may not involve reserves.

The highest dollar value of reserves typically refers to the accumulation of financial resources held by central banks or financial institutions. These reserves are primarily composed of foreign currency assets, such as foreign exchange reserves, that are used to maintain stability in the domestic currency and support the country's monetary policy objectives.

It's important to note that the allocation and management of reserves can vary depending on the specific context and purpose. Central banks and financial institutions have different strategies for maintaining reserve levels and determining their composition based on various factors, including economic conditions, financial stability, and policy objectives.

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Answer:

Explanation:

A corporation can use the savings of individuals for capital formation or growth by issuing stocks or bonds, allowing individuals to invest their savings in the company in exchange for ownership or fixed returns, thereby providing the corporation with the necessary funds to expand its operations or undertake new ventures.

hope it helps!

The success of an interest group depends on its ability to effectively mobilize its members and resources to achieve its goals.

The major organizational factors shared by most interest groups include leadership, money, an agency or office, and members. These factors allow interest groups to effectively advocate for their causes and influence policy decisions. While some interest groups may have direct ties to specific politicians or media outlets, not all interest groups have these connections.

Additionally, while some interest groups may have a presence in Hollywood, this is not a common organizational factor among most interest groups. Overall, the success of an interest group depends on its ability to effectively mobilize its members and resources to achieve its goals.

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Answer:

B. Double Taxation

Explanation:

A disadvantage of forming a corporation is the double taxation requirement. C corporations pay taxes on profits when corporate income is distributed to owners in the form of dividends. This is the first taxation.

One of the best paths to a fulfilling existence can be management, especially if somehow the manager is part of an inspiring or engaging company culture.

The traditional definition of a manager only includes the coordination of other people's actions. Managers just coordinate other people's efforts to achieve goals.

Maintaining the essential quality standards for the firm is one of management's fundamental goals. To establish, implement, and sustain quality, the team works in conjunction with other departments, managers, and staff members.

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A well-respected golf instructor charges each customer a fee just under the customer's maximum willingness to pay for lessons. Option E.

Price discrimination is the business practice of selling the same product to different customers at different prices. Charging adults and children different prices for the same movie is an example of price discrimination. Charging everyone the same price for goods and services is not price discrimination.

Price discrimination is a strategy used by businesses to maximize revenue by charging customers different prices based on their willingness to pay. For example, movie theaters often offer different prices for adults, seniors, and children. We also offer deals on certain days of the week. Price discrimination is a microeconomic pricing strategy in which identical or nearly similar goods or services are sold at different prices by the same supplier in different markets.

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Answer:

B. $1.00

Explanation:

Here,

=10% of $120

=$12

Then,

or, 1 year = 12 months

or, 12 months = $12

1 month = $1

So, the monthly interest payment for an

account with a balance of $120.00 and an A.P.R. of 10% is option b, $1.

This percentage is not a legitimate estimate of the percent of voters who will vote against the tax increase, as it only represents the percent of viewers who called in to the news program. It does not represent the views of the larger population of potential voters.

Program is a set of instructions that a computer follows to perform a specific task. It can be written in various programming languages including C, C++, Java, Python, and others. Programs are used to control the operations of computer hardware and software, and they can be used to automate processes, create applications, and create websites. Programs are written using programming logic, which is the set of instructions and data that tell a computer how to complete a task.

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