Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 48,870 Direct labor-hours 405 labor-hours Direct labor wage rate $ 13 per labor-hour Machine-hours 486 machine-hours Number of units completed 2,700 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $11 per machine-hour.
a) Compute the unit product cost that would appear on the job cost sheet for this job.
b) Assume the company uses cost-plus pricing with a markup percentage of 80%. What selling price would the company have established?
c) What is the gross profit on this job.

Answer: The CEO (Chief Executive Officer) and the CFO (Chief Financial Officer) are the managers who would answer to a board of directors regarding the company's fiscal performance.

The CEO is responsible for the overall management of the company and the achievement of its goals, while the CFO is responsible for the financial management of the company, including financial reporting, budgeting, and forecasting.

Both of these managers have a critical role in ensuring that the company is meeting its financial objectives and reporting accurate and timely financial information to the board of directors.

Other senior managers, such as the COO (Chief Operating Officer) and the CMO (Chief Marketing Officer), may also provide input to the board on their respective areas of responsibility, but the CEO and CFO are typically the primary managers responsible for financial performance.

Investments address the timing of cash flows most desired by investors correctly defines a role of investments.

The net amount of cash and cash equivalents coming into and going out of a corporation is referred to as cash flow. Money spent symbolises outflows, whereas money received represents inflows. The net balance of cash coming into and going out of a firm at a certain period is referred to as cash flow. A business's cash is continually coming in and going out. For instance, when a merchant purchases merchandise, money leaves the company and goes to its suppliers. Expenses incurred in the normal course of business are included in cash flow from operations. Payroll, cost of products sold, rent, and utility costs are a few examples of these financial outflows. When corporate activities are extremely seasonal, cash outflows might vary significantly.

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Answer:

D. limits on the government's role in the economy.

Explanation:

Free market enterprise refers to the economic model where demand and supply forces determine the products and services in the market and their prices. In this model, sellers have the freedom to select what business they want to start. Buyers have the option of picking their preferred products or services from many competing suppliers.

In a free market enterprise like the USA economy, the government's role is limited to regulation. The government may get involved in the provision of essential services and public goods.  To a large extent, the free market economy is in the profit-motivated,  private sector.

Answer: D. Limits on the governments role in the economy

Explanation: I just took the test on a pe x

Answer:

Explanation:

A SmartBook assignment's progress completion % may not always be dependent on correctly answering just one question per idea. The requirements for increasing a SmartBook assignment's progress completion percentage can change based on the particular assignment, the course, and the instructor. It could be determined by properly answering a predetermined number of questions overall, a predetermined number of questions in each topic area, or by doing a predetermined number of activities or evaluations inside the assignment. The easiest way to find out the precise requirements for raising the progress completion percentage in a SmartBook assignment is to study the assignment instructions or speak with the instructor.

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Answer:

Expansionary monetary policies

Explanation:

A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.

In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.

One should choose $300,000 in 14 years over $80,000 today. The present value of $300,000 is $72,784.82. The Present Value of $300,000 is $72,784.82.

You are offered $80,000 today or $300,000 in 14 years. Assuming that you can earn 11 percent on your money, which should you choose? To find: What is the present value of $300,000 if you can earn 11 percent on your money? Solution: Here, We have to use Present Value Formula and Time Value of Money to solve this problem. Present Value Formula is given as,` PV = FV/(1+r)ⁿ`Where, PV = Present Value FV = Future Value r = Rate of interest n = time period (number of years)As per the question, Amount of money offered today = $80,000

Future amount of money offered in 14 years = $300,000 Rate of interest = 11%

We are asked to find the Present Value of $300,000 Present Value of $300,000 can be calculated as,` PV = FV/(1+r)^n`` PV = 300,000/(1+0.11)^14``PV = $72,784.82` Now, we have to check which option is better. Option 1: Take $80,000 today Option 2: Take $300,000 in 14 years with the present value of $72,784.82.`Amount received in 14 years if $80,000 is invested at 11% is: P=FV/(1+r)^n = 80,000* (1+0.11)^14= $347,622.54`Clearly, Option 2 is better. The amount received after 14 years with $80,000 investment is $347,622.54, which is less than $300,000 offered after 14 years. So, one should choose $300,000 in 14 years, not $80,000 today.

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Marketing innovation is based on the conviction that new products and consumer solutions can successfully emerge only from inside the organization.

Marketing innovation is a term used to refers to how the new products can be used to convince the consumer so they can buy it.

It is based on the organization can comes up with better idea to win heart of consumer.

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As a decimal rounded to the nearest hundredth, Tyler's Theater's Net Profit Margin is 0.14.

To calculate the Net Profit Margin for Tyler's Theater, you need to divide the net profit by the sales revenue and then multiply the result by 100 to get the percentage. Here's the calculation:

Net Profit Margin = (Net Profit / Sales Revenue) x 100
Net Profit Margin = ($8,500 / $60,000) x 100
Net Profit Margin = 0.1417 x 100
Net Profit Margin ≈ 14.17%

As a decimal rounded to the nearest hundredth, Tyler's Theater's Net Profit Margin is 0.14.

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One of the most practical strategy that could be implemented to ensure the effectiveness of the campaign is to leverage on wideness of social media platforms.

Today, platform of social media serves as essential tool for reaching a large audience quickly and cost-effectively. By using platforms like Face/bo/ok, Tw/it/ter etc, the campaign organizers can reach a broader audience and engage with their supporters.

They can also encourage audience to to share the campaign with their followers. Also, the tool allows for more targeted advertising, so campaigns can be directed to specific demographics which increases the likelihood of reaching their intended audience.

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Global value chain

Explanation:

Answer:

D

Explanation:

customer must be sent a copy of the official statement, if available

Outsourcing in information systems operations poses risks and negative impacts.

Outsourcing certain aspects of information systems operations can introduce risks and negative impacts for organizations. When companies choose to outsource their IT operations to external service providers, they relinquish direct control over critical functions and sensitive data. This lack of control can lead to potential risks such as compromised data security, loss of intellectual property, and reduced service quality. Additionally, outsourcing can result in a loss of in-house expertise, limited flexibility in responding to changing business needs, and difficulties in managing vendor relationships. These factors can have a detrimental impact on the organization's overall performance and productivity.

Outsourcing information systems operations exposes the organization to the risk of compromised data security. By entrusting sensitive data to external providers, the company may face increased vulnerability to data breaches, unauthorized access, or data leaks. This can lead to reputational damage, legal implications, and financial losses.

Furthermore, outsourcing can result in a loss of in-house expertise. When key IT functions are outsourced, the organization may rely heavily on the expertise of the external vendor, which can limit the development and retention of internal knowledge and skills. This dependence can hinder the organization's ability to adapt to technological advancements or address complex IT issues promptly.

Managing vendor relationships also poses a challenge when outsourcing. Organizations may face difficulties in ensuring service quality, maintaining effective communication, and enforcing contract terms. Lack of alignment between the organization's goals and the vendor's priorities can lead to conflicts, delays, and subpar performance.

In conclusion, while outsourcing information systems operations can offer benefits such as cost savings and access to specialized skills, it also carries risks and negative impacts. Companies must carefully evaluate the potential risks and develop robust strategies to mitigate them, ensuring that the benefits of outsourcing outweigh the associated drawbacks.

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Answer:

D. Visual/spatial learning style.

Explanation:

Someone* have a great day<3

Answer:

I assume D

Explanation:

A is a maybe but when it comes to buildings, It tips me off of the idea from an naturalist style,

b doesn't seem to be the answer as if " learning takes place by the students carrying out physical activities, rather than listening to a lecture or watching demonstrations."

C logical and mathicals ways is different from designs and the artistic way of building this seems to be in a career for maybe a bank teller or a teacher

If businesses continue to leave California and relocate to Texas due to high taxes, it can potentially have an impact on the rental market in California. However, the specific effect on rents will depend on various factors and market dynamics.

When businesses leave an area, it can lead to a decrease in demand for commercial space and office buildings. This decrease in demand can result in a surplus of available commercial properties, leading to increased vacancies. Landlords may then face pressure to lower rents in order to attract new tenants and fill the vacant spaces. This scenario could potentially lead to downward pressure on commercial rents in California. However, it is important to note that the rental market is influenced by numerous factors, including supply and demand dynamics, population growth, economic conditions, and regional factors. Other businesses or industries may emerge or expand in California, potentially offsetting the impact of businesses leaving the state. Overall, while the departure of businesses to Texas due to high taxes could contribute to changes in the rental market, the full extent of the effect on rents would depend on multiple factors and would require a comprehensive analysis of the specific market conditions in California.

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Answer: Please  see answer in the explanation column

Explanation:

a) To record  Deposit Collected

Account                          Debit                 Credit

Cash                             $916,000

Liability—refundable deposits              $916,000

b)  To record Deposit Returned

Account                                     Debit                 Credit

Liability—refundable deposits    $804,000

Cash                                                                    $804,000

c)  Deposits Forfeited-- To record forfeited deposits

Account                                     Debit                 Credit

Liability—refundable deposits $43,750.

Revenue—sale of containers                           $43,750.

d) To record adjustment of inventory on deposits forfeited  

Account                                     Debit                 Credit

Cost of goods sold              $43,750.

  Inventory of containers                               $43,750.

2)liability for refundable deposits to be reported on the December 31, 2018, balance sheet.

Balance on January 1          $546,000

Deposits received                   +$916,000

Deposits returned                  -$804,000

Deposits forfeited                 -  $43,750

Balance on December 31       $614,250

A poorly designed office that doesn't allow a worker adequate privacy is an example of physical demand.

physical demand generally refers to the level and/or duration of physical activity required to perform occupational tasks (sitting, standing, walking, lifting, carrying, grabbing, pushing, pulling).

physical demand is the process of resolving jobs to examine individual tasks. In conducting a physical needs analysis, investigators objectively quantify and assess the environmental conditions, the use of machinery, equipment, tools, and aids, and the physical demands of each task.

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The correct answer is d. All of the above. Items that take a large share of an individual's income, goods with many substitutes, and luxury goods are all likely to have very elastic demand with respect to price.

a. Items that take a large share of an individual's income tend to have elastic demand because consumers are more sensitive to price changes when purchasing these items. b. Goods with many substitutes also have elastic demand as consumers have the flexibility to switch to alternative products if the price of a particular good increases. c. Luxury goods, although they may have a certain level of brand loyalty, still exhibit elastic demand as consumers can choose to forego or delay their purchase if the price becomes too high or if their income situation changes.

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The loan that should be chosen is the one that will yield the lowest return.

This is an incomplete question, therefore, an overview of a loan will be given. A loan simply means the lending of money to people or an organization. It should be noted that the recipient of a loan incurs a debt.

When comparing the different types of loans, it's important to choose the shortest loan term that is available. This is because one will pay a lower overall level of interest. It's also important to consider the annual yield return.

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Input prices and burdensome regulation will lead to an increase in the short-run aggregate supply while human capital leads to a decrease.

It should be noted that supply is the quantity of goods that a producer is willing to sell at a price and particular period.

In this case, input prices and burdensome regulation will lead to an increase in the short-run aggregate supply while human capital leads to a decrease.

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Answer:

Explanation:

Hi

The price-level effect is regarded as a situation in which the purchasing power of the customer of its total accumulated savings balances.

Price level refers to an amount for which a certain product is available for sale. It is assumed that the savings of the consumer who is willing to buy does NOT change in the meanwhile.

If the price level of a product decreases, the net disposable income in the hands of a consumer will ultimately increase. Similarly, when the price level is higher, the net disposable income in the hands of the consumer is reduced, leading to a decrease in its purchasing power.

For example, when the savings of a person is 100 and the Product A costs 50 the consumer buys 2 units; When the prices are increased to 100, now the consumer can buy only 1 unit of Product A, indicating a decrease in the purchasing power of the person.

Hence, the price level effect is when the higher price level reduces the purchasing power of the public's savings.

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When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Combinations of hand-tied and machine-made wigs and hairpieces are called Semi-hand-tied.

An amalgam of hand-tied and machine-made techniques is used to create a semi-hand-tied wig. The loose fiber used in hair extensions is designed to be attached to the client's natural hair at the root.

Since they are smaller than wigs, hair pieces are available in a number of styles depending on the region that needs to be covered. Scrunchies, ponytails, clip-in fringes, and extensions are common hair accessories. One-piece and multiple-piece systems of hair are both possible.

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The correct answer is: A lot of data can be gathered from social media. Social media data is any type of data that can be gathered through social media

According to the Business Intelligence textbook, social media has become an important source of data for business intelligence initiatives. Social media platforms generate vast amounts of data, including customer feedback, sentiment analysis, and behavioral patterns. This data can be analyzed to gain insights into customer preferences, opinions, and behaviors.

The practise of acquiring and evaluating data from social networks like is known as social media analytics. Social media monitoring, often known as social listening, is a component of social media analytics.

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The average manufacturing cost per drum set is $222.

Plastic for Casing $ 19,000.00

Wages of assembly workers $ 92,000.00

Property taxes on factory $ 7,000.00

Drum Stands $ 34,000.00

Annual Fees for Factory Maintenance $ 21,000.00

Factory machinery depreciation, straight-line $ 49,000.00

Total Manufacturing Costs (A) $ 222,000.00

Production Units (B) 1000 Units

Manufacturing Cost per Unit (A) / (B) $ 222.00

.

Total Manufacturing Cost = $222,000

Average Manufacturing Cost per Drum Set will be:

= $222000 / 1000

= $222

All costs associated with the factory would be considered manufacturing costs.

It should be noted that Office costs such as office accountant salaries, office rent for accountants, and office management salaries are not manufacturing costs but rather administrative costs.

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Budgets are used for two distinct purposes which include planning and control.

This is a spending plan for a particular purpose which is usually based on income and expenditure.

The main functions of a budget is to ensure planning and control of the funds so as to ensure it is adequately used for the projects or activities involved.

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The corrupt practices that occurred in Theranos, a well-established and reputable company, can be attributed to several factors. These include the pressure to deliver on promises made to investors and stakeholders, a culture of secrecy and fear of failure, and the personal motivations and actions of key individuals within the company.

Additionally, besides the corruption scandal, Theranos faced several other challenges that impacted its performance between 2015 and 2018, including regulatory issues, technological limitations, and the erosion of trust in the company. While the incorporation of the triple bottom line framework, which considers social, environmental, and financial impacts, could have potentially helped prevent the scandal, it is not a foolproof solution. It can provide a holistic perspective and encourage ethical practices, but ultimately, the effectiveness of such frameworks depends on the commitment and integrity of the individuals involved.

The corrupt practices in Theranos were prompted by a combination of factors. One major factor was the immense pressure placed on the company to deliver on its promises. Theranos had attracted significant investments and garnered a high level of media attention, leading to heightened expectations. This pressure to live up to the hype may have driven some individuals within the company to engage in fraudulent practices to maintain the illusion of success.

Additionally, Theranos had cultivated a culture of secrecy and fear of failure. The company's founder, Elizabeth Holmes, created an environment where employees were discouraged from questioning or challenging the company's claims and practices. This culture may have allowed unethical behavior to go unchecked, as employees felt compelled to comply with the prevailing narrative rather than raise concerns.

Moreover, the personal motivations and actions of key individuals played a role in the corruption scandal. Elizabeth Holmes, as the charismatic leader of the company, played a central role in perpetuating the deception. Her desire for success, fame, and personal enrichment seemingly drove her to engage in fraudulent activities, disregarding the potential harm caused to patients and investors.

In analyzing Theranos' performance from 2015 to 2018, it is evident that the corruption scandal was not the sole factor impacting the company. Theranos faced numerous other challenges during this period. Regulatory issues arose when concerns were raised about the accuracy and reliability of the company's blood-testing technology. These concerns led to investigations by regulatory bodies and the subsequent banning of Theranos' founder and former president from owning or operating a medical laboratory for a period of time.

Furthermore, technological limitations posed a significant obstacle. Theranos' claims of being able to conduct a wide range of tests using just a few drops of blood were met with skepticism and scrutiny from experts in the field. The company struggled to validate its technology and faced challenges in meeting regulatory standards.

Additionally, the erosion of trust in Theranos further impacted its performance. As the extent of the corruption and deception became public, the company's reputation suffered greatly. Investors and partners withdrew their support, and legal battles ensued. This loss of trust damaged Theranos' credibility and hindered its ability to attract new investors and partners.

While the incorporation of the triple bottom line framework, which considers social, environmental, and financial impacts, could have potentially helped prevent the scandal, it is not a guaranteed solution. The triple bottom line approach encourages companies to consider ethical and sustainable practices, fostering transparency and accountability. By emphasizing social responsibility, environmental stewardship, and financial viability, companies can develop a more holistic approach to decision-making.

However, the effectiveness of such frameworks ultimately depends on the commitment and integrity of the individuals involved. In the case of Theranos, the corrupt practices occurred despite the presence of regulatory frameworks and guidelines in the healthcare industry. The unethical behavior of key individuals within the company overrode the potential benefits of incorporating the triple bottom line approach.

While the triple bottom line framework can promote ethical practices and help identify potential risks, it cannot eliminate the possibility of corrupt practices entirely. To mitigate and prevent corrupt practices, a combination of strong corporate governance, regulatory oversight, ethical leadership, and a culture that encourages transparency and accountability is necessary.

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The balance for the notes payable account is $4,000 if no errors have occurred in the trial balance.

The trial balance is a statement that lists all the accounts and their balances in a company's general ledger. The purpose of a trial balance is to ensure that the total debits equal the total credits, which means that the company's books are in balance. In this case, the Mallard Company's total debit column is $27,000, which means that the total credits must also be $27,000.

According to the information given in the question, the remainder of the trial balance shows accounts payable of $3,000 and service revenue of $20,000. However, the balance for the notes payable account is blank. To determine the balance for the notes payable account, we can use the equation:

Total debits = Total credits

$27,000 = $3,000 + $20,000 + Notes payable

Solving for Notes payable, we get:

Notes payable = $27,000 - $3,000 - $20,000

Notes payable = $4,000

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salvage value. When computing depreciation, the factors of cost, residual value, and useful life involve estimates.

The cost represents the initial cost of the asset, which may involve estimations such as the purchase price. The residual value is an estimate of the asset's value at the end of its useful life. Useful life is an estimate of the period over which the asset will be used and depreciated. However, the salvage value is not an estimate but an actual value. It refers to the estimated value of the asset after it has been fully depreciated and is ready for disposal or sale. The salvage value is based on the market value or expected proceeds from selling the asset, making it different from the other factors that involve estimations.

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Answer: B. your Debt to Credit ratio

Explanation:

Your debt to credit ratio is important to lenders because it shows whether you spend wisely when given debt.

Debt to credit is measured as the percentage of debt you have given your credit limit. If for instance you have a credit card limit of $50,000 and have debt of $10,000, your debt to credit ratio is:

= 10,000/50,000 * 100

= 20%

Generally the lower this ratio, the better the contribution to your credit score.

Classes take place on Mondays and Wednesdays from 4:00-6:00 pm EST, at The Plan Room located at 1815 W Broadway.

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