If a company issues raw materials to production at a cost of $24900 when the standard cost is $23300, it will lead to debit Materials Price Variance for $1600.
If a company issues raw materials to production at a cost of $24,900 when the standard cost is $23,300, it will result in a Materials Price Variance.
The Materials Price Variance measures the difference between the actual cost and the standard cost of the materials used. In this case, the actual cost of the materials issued to production is higher than the standard cost, indicating an unfavorable variance.
Since the actual cost exceeds the standard cost, the company would need to debit the Materials Price Variance account to reflect the unfavorable variance.
Therefore, the correct answer is option c. debit Materials Price Variance for $1600.
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suppose that you are a u.s.-based importer of goods from the united kingdom. you expect the value of the pound to increase against the u.s. dollar over the next 30 days. you will be making payment on a shipment of imported goods in 30 days and want to hedge your currency exposure. the u.s. risk-free rate is 5.5 percent, and the u.k. risk-free rate is 4.5 percent. these rates are expected to remain unchanged over the next month. the current spot rate is $2.70. a. whether you should use a long or short forward contract to hedge the currency risk.
To hedge the currency exposure, you should use a short forward contract.
Reason to use a short forward contract :A short forward contract should be used for hedging currency exposure if the investor expects the value of the currency to depreciate. Since the value of the pound is expected to increase against the U.S. dollar, a long forward contract would not be an appropriate hedging strategy. The equation for calculating the forward rate is as follows:
Forward rate = Spot rate x (1 + foreign risk-free rate / 1 + domestic risk-free rate)
Forward rate = $2.70 x (1 + 0.045 / 1 + 0.055) = $2.69
Therefore, the forward rate is $2.69. This is lower than the current spot rate of $2.70, indicating that the pound is expected to depreciate against the U.S. dollar. As a result, the importer should use a short forward contract to lock in the current exchange rate and hedge against currency risk.
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What "Super Union" had taken on railroad companies and factories to improve the conditions for workers?
( 1 )
Knights of Labor
( 2 )
International Workers of the World (IWW)
( 3 )
American Federation of Labor (AFL)
( 4 )
American Railway Union (ARU)
Explanation:
4th one is the answer
American Railway Union (ARU)
True or false: An EAP only contains information on what happens during an emergency.
Inventory items with a cost of $3090 were excluded from ending inventory. These goods were in transit from Flores company to Barnes Company and were purchased FOB destination
Answer:
the journal entry to record this adjustment would be:
December 31, 202x, adjustment to merchandise inventory
Dr Accounts payable 3,090
Cr Merchandise inventory 3,090
When goods are purchased FOB destination, the title of the goods passes only after the goods have been delivered to the buyer. Also, freight costs should be paid by the seller. When goods are purchased FOB shipping point, the title of the goods passes after the goods leave the seller's dock, they are considered property of the buyer even if they haven't arrived yet. Freight costs are generally paid by the buyer.
Which of the following is part of the cost of goods or services sold for a company that paints people's homes?
A. Paint
B. Flyers to promote the company
C. A van to travel to people's homes
D. Fuel for the van
Answer:
A. Paint
Explanation:
Paint is a part of the cost of goods or services sold for a company that paints people's homes. Thus, the correct option is A). Paint.
What is the cost of goods sold?COGS stands for the Cost of Goods Sold. Cost of goods sold refers to the direct costs of producing the goods sold by a company. It is the total amount or cost that is incurred in the production of the goods. The sum of amount that a business paid as a cost directly related to the sale of products, is known as COGS.
Cost of goods sold is the total carrying value of goods sold during a particular period. This amount mainly includes the cost of the material, labor, machinery etc. that are directly used to create the good. It also includes the indirect cost such as marketing cost, distribution cost, sales cost etc.
Basically, cost of goods sold can be calculated by the given formula i.e. COGS = the starting inventory + purchases – ending inventory.
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1. Give one example of professional behavior in a salon and how a cosmetologist could
demonstrate it."
Answer:
Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.
what value do metrics play in terms of planning and executing continuous improvement projects?
Metrics play an important role in planning and executing continuous improvement projects. A metric is a measure of performance or an indicator that is used to monitor, track, and evaluate the progress of a project or process.
Here are some of the ways metrics add value to continuous improvement projects:
1. Establishing Baseline Performance: Metrics provide a way to establish a baseline performance level for the process or project being improved. This is important because it enables the team to determine the current state of the process, identify areas that need improvement, and set realistic goals for improvement.
2. Measuring Progress: Metrics enable the team to measure the progress of the project over time. By tracking the metrics, the team can determine whether they are making progress toward their goals or whether they need to make adjustments to their approach.
3. Identifying Opportunities for Improvement: Metrics provide a way to identify areas where the process can be improved. By analyzing the data, the team can identify trends, patterns, and areas of variability that may be contributing to process inefficiencies.
Overall, metrics are a critical component of continuous improvement projects. They provide objective data that enables the team to identify opportunities for improvement, set goals, measure progress, and make data-driven decisions.
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Compensation for your employer over and above your income describes:
The compensation that can be provided to the employer over and above employee's income could be an Insurance payment or accumulated Tax refund.
What is Insurance?Insurance is a financial plan that promises to mitigate any loss suffers.
What is Tax refund?
A tax refund entails money return to an organization if they pay more tax than they should.
In conclusion, the compensation that can be provided to the employer over and above employee's income could be an Insurance payment or accumulated Tax refund.
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8
and 9 please
When advertising property or real estate services on the Internet, the broker name MUST be disclosed on A. only on the home page of the agent. B. every viewable page within the website. C. only on the
When advertising property or real estate services on the Internet, the broker name must be disclosed on every viewable page within the website.
This ensures transparency and compliance with regulations, as viewers should have access to the necessary information about the broker responsible for the advertised services. By prominently displaying the broker name on all pages, potential clients can easily identify the responsible party and make informed decisions. According to regulations and best practices, it is important to provide clear and transparent information to potential clients and users when advertising real estate services online.
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Which examples demonstrate workplaces common to Management workers? Check all that apply. Lamont has a separate office with a door so he can discuss confidential information with employees. India works from home all the time at a small desk in her kitchen and does not interact with others very often. Zoe frequently travels to the different locations of her large company to meet with the workers she supervises. Mickey sits at a desk out in the open in a busy office environment and is responsible for greeting new visitors.
Answer:
a and c
Explanation:
.
Lamont has a separate office with a door, so he can discuss confidential information with employees and Zoe frequently travels to the different locations of her large company to meet with the workers she supervises are the examples demonstrate workplaces common to Management workers. Hence, options A and C are correct.
What is Management workers?A general manager, business manager, administrator, director, or other person who has operational or managerial control over, or who directly or indirectly manages, the day-to-day operations of a facility, organization, or agency is referred to as a managing employee.
Top-level managers, middle managers, first-line managers, and team leaders are the four most typical categories of managers. These positions differ not only in terms of their daily duties but also in terms of their overall role within the company and the types of personnel they supervise.
To accomplish particular objectives, managers plan, organize, direct, and control resources. The best strategy to accomplish their goals is determined throughout the planning process. In order to execute the company's strategy, resources must be allocated.
Thus, options A and C are correct.
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Question:
Which job title describes a person with a career in natural resources?
•production manager
•architectural engineer
•environmental scientist
•tile setter
Answer: its environmental scientist
Explanation:
Means that the purchase and consumption of a good makes the purchase and consumption of that good unavailable to another person.
Rivalry means that the purchase and consumption of a good make the purchase and consumption of that good unavailable to another person.
A good is said to be rivalrous or in a rival state if its consumption by any particular consumer will prevent simultaneous consumption by many other consumers, or if the primary consumption by one person makes a reduction in the ability of another party for consuming it.
Most tangible goods are considered as both durable as well as non-durable ones and are called rival goods. When we take the case of the hammer, it is considered as a durable type of rival good. The use of the hammer by one person presents a specific barrier to others who desire to use at the same time that particular hammer. Generally, the first user does not want to "use up" the hammer, which means that some rival types of goods can also still be shared according to time.
In economics, a particular good is once said to be a rival one if its consumption by any one consumer makes prevention in simultaneous consumption which is done by other consumers or it is considered as if consumption by one party makes a reduction in the ability of another party for the consuming purpose. A good is said to be non-rivalrous if, for any special level of production, the cost of providing it to an additional individual will be zero. A good is in an "inclusive" state if each person can benefit more from it when other people start to consume it.
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Why does the supply curve slope upward? To answer this question, use the choices below to identify the characteristics of an upward-sloping supply curve.
A. Increasing opportunity costs
B. Increasing marginal costs
C. Diminishing marginal utility
D. A decrease in resource prices
E. An increase in resource prices
The slope of the supply curve can be upwards or downwards. The supply curve has an upward slope because of the law of supply. The law of supply establishes that producers supply more goods when the price is higher.
The upward sloping supply curve illustrates that a rise in the price of a commodity results in an increase in the quantity of that commodity that businesses are willing to offer to the market. The reasons for the upward sloping supply curve are many. For instance, if producers believe that they will make more money by selling their products at higher prices, they will increase the supply of that commodity. Here are some other reasons why the supply curve has an upward slope:Increasing Marginal Cost of Production: The marginal cost of production rises as the quantity of goods produced increases. As a result, a company must charge a higher price to maintain a similar level of profitability.Diminishing Marginal Returns: The amount of output generated by additional labor or resources is reduced as the number of units produced grows. Producers must increase the price to cover the cost of more labor or capital inputs.Increasing Opportunity Costs: To generate the same level of production, as more and more of the good is produced, businesses must give up more and more other goods that they could produce.Increased Resource Prices: If the cost of materials or labor rises, then the marginal cost of production increases, leading to higher prices. Conversely, if the cost of materials or labor declines, then the marginal cost of production decreases, resulting in lower prices. The supply curve moves upward in response to higher production costs.A decrease in resource prices, as listed above, can lead to a downward-sloping supply curve.
The upward-sloping supply curve is due to the law of supply, which states that firms would supply more goods when the price is high. The supply curve can be upward or downward sloping. If producers think that they will earn more profits by selling products at a higher price, then they will offer more quantity to the market. The reasons behind the upward-sloping supply curve include increased marginal cost of production, diminishing marginal returns, increased opportunity cost, and increased resource prices. If the cost of labor and materials rises, then the marginal cost of production increases, which leads to higher prices. Conversely, if the cost of labor and materials falls, then the marginal cost of production decreases, resulting in lower prices.
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The Graves Corporation was incorporated in 2018 and incurred a net op-erating loss of $35,000. The company’s operating income in 2019 was $47,000. Because of a downturn in the local economy, the company suffers a net operating loss of $21,000 in 2020. What is the treatment of the 2020 loss? How would your answer change if Graves were an S corporation?
Answer:
The 2018 loss was carried forward and decreased the corporation's tax liability during 2019. The 2020 loss should also be carried forward to offset any future gains and reduce future tax liabilities. A company can carry forward a loss indefinitely, since it is allowed to deduct a maximum of 80% of a future year's net income.
If this was an S corporation, it would be pass through entity that is not taxed directly, instead, the owners are taxed. Therefore, this $21,000 loss will be distributed proportionally among all the stockholders, and they must deduct their taxes independently.
Why do many economists believe that the best time to start a new business is toward the end of a recession?because GDP is growingmore businesses are adding jobsbanks are again starting to loan moneyall of the above
Many economists believe that the best time to start a new business is toward the end of a recession due to several factors.
Firstly, as the economy begins to recover, GDP growth is typically observed. This expansion provides a more favorable environment for businesses to thrive, as increased economic activity creates greater demand for goods and services. Secondly, as the recovery takes hold, businesses tend to start adding jobs, indicating a positive trend in employment. This means a larger pool of potential customers and a stronger labor market for hiring skilled workers. Lastly, during economic recoveries, banks often become more willing to loan money, which can provide essential capital for starting and expanding a business. In summary, the end of a recession offers a combination of growing GDP, increasing job opportunities, and improved access to financing, making it an opportune time to start a new business.
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Name TWO organisations which typically offer
loans to small businesses.
Answer:
Kabbage: Best Overall.
Fundbox: Best Revolving Line of Credit
Explanation:
What is product positioning?
Answer:
Product positioning is the process of deciding and communicating how you want your market to think and feel about your product.
Explanation:
When a product is positioned, it means that its target market's perception of it has been ascertained and communicated. It entails identifying the special qualities and advantages of the product and differentiating it from rivals.
A strategic exercise called "product positioning" seeks to explain how a product fits into the market and why it is superior to complete products. It aids companies in developing a strong and distinctive market position for their goods, which ultimately promotes client preference and loyalty.
Understanding the customer's issue and demonstrating how your product can address it more effectively than rivals are part of this.
As a result, the significance of the product positioning are the aforementioned.
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alfonso began the year with a tax basis in his partnership interest of $48,000. his share of partnership liabilities at the beginning and end of the year consists of $10,000 of recourse liabilities and $9,000 of nonrecourse liabilities. during the year, he was allocated $60,000 of partnership ordinary business loss. alfonso does not materially participate in this partnership, and he has $3,000 of passive income from other sources. problem 20-73 part c (algo) c. how much of alfonso's loss is limited by the passive activity loss rules?
Alfonso's entire share of the partnership loss is limited by the passive activity loss rules.
To determine how much of Alfonso's loss is limited by the passive activity loss rules, to calculate his total income and losses from passive activities.
Alfonso's share of partnership loss is $60,000, which is a passive activity loss since he does not materially participate in the partnership. His passive income from other sources is $3,000.
Next, determine Alfonso's tax basis in the partnership at the end of the year, which will affect how much of the passive activity loss can be deducted.
Alfonso's tax basis in the partnership interest at the end of the year can be calculated as follows:
Tax basis at beginning of year: $48,000
Plus: Share of recourse liabilities: $5,000 (half of $10,000)
Plus: Share of nonrecourse liabilities: $4,500 (half of $9,000)
Minus: Share of partnership loss: $60,000
Equals: Tax basis at end of year: $-2,500 (negative balance)
Since Alfonso's tax basis is negative at the end of the year, he cannot deduct any of the passive activity loss against his other income. The passive activity loss can be carried forward to future years, subject to the passive activity loss rules.
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The primary objective of U.S. antitrust laws is to a. protect consumers from high prices and foreign products. b. distinguish competitive strategies that enhance consumer welfare from those that reduce it. c. protect employees. d. promote strategies that enhance business welfare over consumer welfare. e protect domestic businesses.
The primary objective of U.S. antitrust laws is to distinguish competitive strategies that enhance consumer welfare from those that reduce it. Option b is correct.
Antitrust laws are regulations designed to promote fair competition within the market and to prevent monopolies and anti-competitive practices. These laws aim to ensure that consumers have access to a wide range of products and services at competitive prices. By doing so, antitrust laws ultimately promote consumer welfare and market efficiency.
To distinguish between competitive strategies that enhance consumer welfare and those that reduce it, antitrust laws focus on identifying and prohibiting practices that unfairly limit competition, such as price-fixing, market allocation, and collusion. They also prevent mergers and acquisitions that could lead to monopolistic power and result in decreased consumer choice or higher prices.
By encouraging fair competition and preventing anti-competitive behavior, antitrust laws create an environment in which businesses must continually innovate and improve their products or services to remain competitive. This drives the economy forward and benefits consumers with better quality and more diverse options.
In summary, U.S. antitrust laws aim to promote consumer welfare by ensuring that businesses compete fairly, resulting in a dynamic market with a wide range of choices and competitive pricing for consumers. Option b is correct.
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Because Worldcom's accounting fraud was brought to an end with Cynthia Cooper's intervention,
WorldCom investor and employee losses were
Answer:
Explanation:
Less
Your company makes skiing equipment and apparel. You recently launched a number of new features and capabilities on your website that are aimed at the active skier target market. One of the most popular features is the one that sends an alert to skiers when forecasted weather conditions at their favorite ski venues are most favorable for skiing. There are also alerts that contain information about the size of daily crowds at these venues. Which of the following digital capabilities are you directing your head of marketing to base the strategy on?A. Right-time marketing.
B. Interactive marketing.
C. Global reach.
D. Integrated marketing.
E. Personalization.
Answer:
Option E (Personalization) seems to be the correct option.
Explanation:
Personalization seems to be the mechanism through which a consumer customizes a computer or web-based interface according to fit their individual preferences. The growth in personalized service has compounded aspects of confidentiality and consumer concern. In certain situations, personalization requires a promise of non-disclosure between some of the customer and the service provider.Some other solutions offered are not linked to the situation in question. But the following seems to be the right thing
The production function for a competitive firm is
Q = K.5L.5. The firm sells its output at a price of
$10, and can hire labor at a wage of $5. Capital is fixed at one unit. The profit-maximizing
quantity of labor is:
A. 2/5.
B. 1.
C. 10.
D. None of the answers are correct.
please explain in details
We can see that the profit-maximizing quantity of labor is (A) 2/5 by simplifying the expression and solving for L.
The production function for a competitive firm is Q = K.5L.5.
The firm sells its output at a price of $10, and can hire labor at a wage of $5.
Capital is fixed at one unit. The profit-maximizing quantity of labor is 2/5.
The profit-maximizing quantity of labor is 2/5.
The profit-maximizing output level for a competitive firm is where the firm's marginal cost of production equals its marginal revenue (MC = MR).
We can use the product's production function, as well as its price and the cost of one unit of input, to identify the firm's marginal cost of production and revenue. The production function for this competitive firm is Q = K.5L.5.
Capital is fixed at one unit. We can compute the total product of labor (TPL) for each quantity of labor employed (L). TPL can then be used to calculate the marginal product of labor (MPL) at each level of employment by subtracting TPL at the prior level of employment from TPL at the current level of employment. The marginal cost of production for the product produced by this competitive firm is given by the wage rate divided by the marginal product of labor (W/MPL). The marginal revenue received by the competitive firm for each product sold is constant at $10.
The profit-maximizing quantity of labor is the one at which the marginal revenue is equal to the marginal cost of production. MR = MC can be used to solve for the profit-maximizing level of L.
Thus, the profit-maximizing output level can be found by substituting the value of L into the production function.
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Which repayment plan will you be placed on automatically unless you change it by contacting server.
A "standard repayment plan" is the one that will be put on automatically unless you contact the servicer to change it.
What is the standard repayment plan?Particularly for people paying back student loans, this kind of payback schedule is regarded as being bare.
In most cases, when the payback process starts, clients are automatically put into this plan, unless they consciously modify it.
Thus, A "standard repayment plan"
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Someone who creates attractive presentations of food dishes for magazines is called which of the following?
a. food stylist
b. research chef
c. personal chef
d. food preparation worker
Answer:A
Explanation:
Amy-Jo works for herself selling weight-loss products door to door. This is
A. not typical, because most door-to-door salespeople work for companies.
B. not typical, because products are rarely sold door to door.
C. typical, because most door-to-door salespeople are self-employed.
D. typical, because most weight-loss products are sold door to door
Answer:
C. typical, because most door-to-door salespeople are self-employed.
Explanation:
Army-Jo can be classified as a small scale retailer. It is normal for entrepreneurs with businesses with the same classification to conduct door-to-door by themselves.
A majority of salespersons who do-to door sales are self-employed. As a business doing do-to-door selling is much profitable because of reasons such as
Selling door to door eliminates the need for a store, which is expensive to establish.Hiring a good salesperson is expensive due to the wages involved.Door-to-door is less costly. Only time expense is incurred.Answer:
its D
Explanation:
:P
You should induce vomiting in a child you suspect has been poisoned ONLY when
you have been instructed to do so by the poison center expert.
True
O False
Answer:
The correct answer is the option: False.
Explanation:
To begin with, when it comes to terms of helping someone and moreover saving someone's live it is absolutely necessary to always act in order to make sure that everything that was possible to do was done, so therefore that it is understandable that in a case where a child has been poisoned with something then the person closer must know that he could induce vomiting by putting the finger into the throat, gently, so that the body will automatically try to throw up. Otherwise if the person might have not been instructed by the poison center expert and the kid is posible to pass out then the situation can get worse if the person does not do something.
The ___ trial balance shows a list of all accounts and their balances after we have updated account balances for adjusting entries.
The adjusted trial balance shows a list of all accounts and their balances after we have updated account balances for adjusting entries. The adjusted trial balance is prepared at the end of the accounting period, after all adjusting entries have been made. It includes all accounts, including both permanent (real) and temporary (nominal) accounts.
Adjusting entries are made to record accruals, deferrals, estimates, and corrections of errors. These entries adjust the account balances to reflect the correct amounts for the period. Once the adjusting entries are recorded and the account balances are updated, the adjusted trial balance is prepared.
The adjusted trial balance lists all accounts with their updated balances, including any revenue, expense, asset, liability, and equity accounts. It serves as a tool for verifying the equality of debits and credits in the general ledger and helps in the preparation of accurate financial statements.
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when choosing a career, having set goals is the most important consideration.
true or false
Answer:
yes of course
Explanation:
you need to have some ides of what you wanna do if youre choosing a career
Answer:
yes
Explanation:
what is stock exchange?
A company reports that in a certain year it had a Net Income of $6.00 million, Depreciation expenses of $5.00 million, Capital Expenditures of $2.00 million, and Net Working Capital decreased by $2.10 million. What is the firm's Free Cash Flow (FCF) for that year? $6.10 million $7.10 million $6.90 million $11.10 million $3.90 million Qu А1 ce In de $3 A F b N http So Que dep 1 a
The firm's Free Cash Flow (FCF) for that year is $11.10 million. It represents the cash available to the company for reinvestment in the business, debt repayment, dividends, or other uses. FCF is an important indicator of a company's financial health and its ability to generate cash flow for future growth and shareholder returns.
Free Cash Flow (FCF) is a measure of the cash generated by a company's operations that is available for distribution to investors, debt repayment, or reinvestment in the business. To calculate the firm's Free Cash Flow (FCF), we need to use the formula:
FCF = Net Income + Depreciation - Capital Expenditures - Change in Net Working Capital
Given information:
Net Income = $6.00 million
Depreciation expenses = $5.00 million
Capital Expenditures = $2.00 million
Change in Net Working Capital = -$2.10 million (since it decreased)
Substituting the values into the formula:
FCF = $6.00 million + $5.00 million - $2.00 million - (-$2.10 million)
= $6.00 million + $5.00 million - $2.00 million + $2.10 million
= $11.10 million
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