solstice inc. has a credit balance of $600 in its allowance for doubtful accounts before the year-end adjustment for bad debts. the amount of credit sales for the year is $80,000, and the year-end balance in accounts receivable is $15,000. assume that the bad debt estimate is 0.5% of credit sales. what is (1) bad debt expense for the year and (2) the ending balance in the allowance for doubtful accounts?

The standard fixed factory overhead rate per machine hour is $1.18, and the denominator activity is 4,400 MHs. The total factory overhead cost is $8,613.33 (unfavourable)  and resulting in an unfavorable total overhead cost variance of $8,338.66. The favourable production volume variance is $274.67.

The standard fixed factory overhead rate per machine hour (MH) can be calculated by subtracting the standard variable overhead rate per MH from the total standard overhead rate per MH

$4.98 - $3.80 = $1.18 per MH

The denominator activity level used to establish the fixed factory overhead application rate is the standard MHs allowed for the units manufactured, which is 4,400 MHs.

The total flexible-budget variance can be calculated by subtracting the flexible budget amount (based on actual hours) from the actual factory overhead cost incurred:

Flexible budget amount = (actual hours worked) x (standard variable overhead rate per MH) + (budgeted fixed overhead rate per MH x denominator hours)

Flexible budget amount = (4,000 x $3.80) + ($7,133 x 4,400/12) = $22,186.67

Total flexible-budget variance = Actual factory overhead cost incurred - Flexible budget amount

= $30,800 - $22,186.67 = $8,613.33 (U)

The production volume variance can be calculated as the difference between the flexible budget amount (based on actual hours) and the static budget amount (based on budgeted hours):

Production volume variance = Flexible budget amount - Static budget amount

= $22,186.67 - ($4.98 x 4,400) = $22,186.67 - $21,912 = $274.67 (F)

The total overhead cost variance can be calculated as the sum of the flexible budget variance and the production volume variance

Total overhead cost variance = Flexible budget variance + Production volume variance

= $8,613.33 (U) + $274.67 (F) = $8,338.66 (U)

The production volume variance is $274.67 (F), as calculated above.

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Suing Solvents Inc. Option D

Generally, Product liability laws are laws that hold manufacturers, distributors, and retailers liable for the damages and injuries caused by the products they produce, distribute, and/or sell. These laws may vary by state and country, but generally, manufacturers and sellers must prove that they took reasonable care in making and/or selling the product.

If they fail to do so, they can be held liable for any harm caused by the product. Product liability laws also require manufacturers and sellers to provide consumers with clear and accurate product information and warnings to help protect consumers from potential harm.

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Answer:

They both share unlimited liability. If one or the other failed to meet his/her financial commitment, the other person would also be liable for all debts.

For a fad item, a suitable inventory management system would be a Just-in-Time (JIT) inventory management system.

A fad item is characterized by a short-lived trend or sudden surge in demand, followed by a rapid decline in popularity. Examples include trendy fashion items, toys, or electronics that gain immense popularity but quickly lose their appeal. In such cases, traditional inventory management systems may lead to excess inventory and financial losses.

Implementing a Just-in-Time inventory management system for a fad item offers several advantages. Firstly, it allows businesses to minimize inventory levels and avoid overstocking. Since fad items have a limited lifespan, maintaining excessive inventory can result in inventory obsolescence and financial losses when the demand drops. With a JIT system, businesses only procure inventory as needed, ensuring that they have just enough stock to meet immediate customer demand.

Secondly, a JIT system helps reduce holding costs associated with inventory. Fad items typically have a high carrying cost, including warehousing, storage, and insurance expenses. By minimizing inventory levels, businesses can significantly reduce these holding costs and improve overall profitability.

Furthermore, a JIT system enables businesses to respond quickly to changes in demand. As fad items experience fluctuations in popularity, businesses can adjust their production and procurement accordingly. This flexibility allows them to capitalize on the initial surge in demand and avoid being left with excess inventory when the fad fades.

Lastly, a JIT system promotes a lean and efficient supply chain. By streamlining inventory management processes and focusing on just-in-time deliveries, businesses can reduce waste, optimize production, and improve overall operational efficiency.

In summary, a Just-in-Time inventory management system is well-suited for managing fad items due to its ability to minimize inventory levels, reduce holding costs, respond quickly to demand changes, and promote a lean supply chain. This approach helps businesses mitigate the risks associated with fad items and maximize profitability during their limited popularity period.

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He should ask them why it was worthless then after a while of thinking maybe have and idea on how to use it again

Answer:

A.$151

B.38%

Explanation:

A. Calculation for What additional annual cost is the shop incurring by staying with this order size

First step is to calculate EOQ

Using this formula

EOQ = Square root(2*Annual demand*ordering cost/Holding cost per unit per year)

Let plug in the formula

EOQ =Square root (2*12*930*10/.39)

EOQ = 757 pots

Second Step will be to calculate the Annual cost when EOQ is used

Annual cost( EOQ )= (12*930/757)*10 + (757/2)*.39

Annual cost( EOQ )= $295

Third step is to calculate the Annual cost when 2000 pot is ordered

Annual cost ( 2000 pot is ordered) = (12*930/2000)*10 + (2000/2)*.39

Annual cost ( 2000 pot is ordered) = $445.8

Last step is to calculate the Additional annual cost

Additional annual cost = 445.8 - 295.04

Additional annual cost = $150.76

Additional annual cost=$151 (Approximately)

Therefore the Additional annual cost will be $151

B. Calculation for what benefit would using the optimal order quantity yield

About % of the storage space would be needed

= 757/2000

About % of the storage space would be needed

= 37.85% or 38%

Therefore the About % of the storage space would be needed is 38%

In an all-stock deal where a buyer pays $100 million for a seller, but the market values it at only $50 million, the buyer's investment takes a significant hit, losing 50% of its initial value.

The impact of market valuation on the buyer's share price and total value in an all-stock acquisition. In this scenario, if the market believes the seller is worth $80 million instead of the agreed $100 million, the buyer's share price may decrease to $9.81, reflecting the lower value.

This leads to a total value of $1.08 billion, considering the revised share price and the number of shares outstanding. Market perception of the target company's value can have a substantial influence on the buyer's share price and overall investment value.

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The statement that makes a good buffer for Roxanne’s email is : We have considered your request about the kitchen blender.

This is an electronic device, used for exchange of messages between a sender and a receiver. This device connects people together.

Hence, the statement that makes a good buffer for Roxanne’s email is : We have considered your request about the kitchen blender.

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Answer:

7 years (to the nearest year)

Explanation:

Given that;

A = amount

P= principal

t = time

r = rate

A =3P(given in the question)

Formula for compound interest;

A = P(1 + r)^t

Substituting values;

3P = P(1 + 18/100)^t

3P/P= (1.18)^t

3 = (1.18)^t

log 3 = t log 1.18

t = log 3/log 1.18

t = 0.4771/0.0719

t = 6.6 years

t = 7 years (to the nearest year)

Answer:

revenues and gains, expenses and losses, and bottom line of net income or net loss for the period.

The three components of retained earnings are:

The term "retained earnings" refers to the amount of revenue retained by a corporation after subtracting indirect and direct costs, income taxes, and shareholder dividends. Retained earnings are the net income that a company maintains for itself. Retained earnings are a liability to a company since they are cash set aside to reimburse stakeholders in the event of a company sale or buyout.

There was the three important compotes are retained earnings such as

Earnings retained in the beginning period, net profit/loss made throughout the accounting cycle, and cash and dividend income paid during in the accounting cycle are all included.

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a) Interpretation of the interval is as follows: There is a 95% chance that the true average following distance of all the taxi drivers in Greece lies between 3.17 meters and 3.83 meters.

The following interval is obtained by using the formula for a confidence interval where the sample mean following distance is 3.50 meters, the sample standard deviation is 1.13 meters, sample size is 100, degrees of freedom (df) is 99, and t (value for 95% confidence interval) is 1.984 (obtained using t-distribution table). Thus, the interval is calculated as follows: $$(\bar{x}-t_{\alpha/2}\frac{s}{\sqrt{n}},\bar{x}+t_{\alpha/2}\frac{s}{\sqrt{n}})$$$$=(3.50-1.984\frac{1.13}{\sqrt{100}},3.50+1.984\frac{1.13}{\sqrt{100}})$$$$=(3.17,3.83)$$b)

The assumption that must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece is that the taxi drivers used in the study are representative of all taxi drivers in Greece. Therefore, option B is correct. It is important to have a random sample of taxi drivers to ensure that the results of the study can be generalized to the population of all taxi drivers in Greece. If the sample is not random and representative, the results of the study cannot be applied to the population and it would not be valid to generalize the findings.

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b. the patterns of innovation over time create sustainable competitive advantage.

Public clouds are the most prevalent. The cloud service provider offers all hardware in a public cloud deployment method.

Long troubleshooting, application downtime, migration agents, and cutover complexity are a few notable issues that need to be handled in this situation.

Copyright infringement liability, data breaches, security violations, privacy and HIPAA violations, data loss, information management, electronic discovery ("e-discovery"), hacking, cybersecurity, and numerous other complex issues are just a few of the legal problems that can arise "in the cloud" and lead to complex litigation and.

Public cloud deployment is the most typical kind of deployment. In a public cloud deployment method, the cloud service provider supplies all of the resources, so you don't own any hardware.

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Answer:

True

Explanation:

most libraries have books that contain reliable info

sometimes with schools

Answer:

profit, revenue, production cost

Explanation:

Profit is the rewards or gains realized for engaging in business activities. A business is profitable when revenue is more than the expenses.

Revenue is the income generated from the normal business activities of selling goods and services.

Production costs are the expenses incurred in making goods meant for sale.

Answer:

B

or

profit, revenue, production cost

Explanation:

The Industrial Revolution had a profound effect on the economic relations between nations. Some of the ways this relationship affects include:

Overall, the Industrial Revolution changed economic relations between countries, leading to increased globalization and the establishment of new economic systems and patterns of trade and investment.

The Industrial Revolution was a period of rapid economic and social change that occurred between the late 18th and early 19th centuries. It is characterized by a shift from manual labour-intensive production methods to machine-based manufacturing processes and the widespread use of new technologies and innovations.

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The factors that challenge the traditional classification of agriculture as a primary economic activity in the context of geography include industrialization's impact on farming.

The traditional classification of agriculture as a primary economic activity becomes problematic when considering the geography of agriculture due to various reasons. Firstly, unlike mining, forestry, and other primary activities, agriculture has been significantly affected by industrialization. Traditional farming practices are being replaced by modern techniques and technologies.

Additionally, the proportion of agricultural employment in industrialized countries has decreased substantially, making it a relatively small fraction of the overall labor force. Moreover, modern farmers are engaged in diverse activities beyond production, including research, marketing, and even some manufacturing of their products.

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--The complete question is, What are some factors that challenge the traditional classification of agriculture as a primary economic activity in the context of geography?--

Identify their product's unique value proposition and remove value proposition that are offered by competitors are the way they can do to make sure their product stands out from the competition.

The value proposition is a company's unique selling point that explains to potential customers why they should do business with the organization.

In most cases, a value proposition offers a clear distinction between an organization and its competitors to help customers see why they should work with one company over another.

Companies use value propositions in a number of ways. They are used internally to help various departments in a business align their tasks and goals, and they are used externally as a marketing and advertising tool to help convince customers to make a purchase.

The value proposition itself is very concise and usually only a sentence or two long and can be used for both internal and external content.

A good value proposition can take many forms. Some are complete sentences, while others are a series of short bullet points.

Regardless of format, excellent value propositions tend to have certain characteristics:

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True, cumulative preferred stock can be purchased by anyone, but it is more likely that someone over 50 would be interested in such an investment.

A type of preferred stock known as cumulative preferred stock has a clause stipulating that dividends must be paid to cumulative preferred owners first if any past dividend payments have been missed. Dividend payments must be made prior to other classes of preferred stock shareholders and common stockholders. The terms cumulative preferred stock and cumulative preferred shares are also used. This class of shareholders will get payment before holders of other classes of preferred stock and holders of common stock.

In contrast to non-cumulative preferred stock, which does not issue omitted or unpaid dividends, shareholders of cumulative preferred stock simply miss out on any dividends that are not paid in a given quarter or year.

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What is law of demand?

A basic tenet of economics is the law of demand, according to which there is an inverse connection between price and quantity requested.

What is deflation?

Deflation is a drop in the average level of prices for goods and services. When the rate of inflation is lower than 0%, deflation takes place.

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Answer:

C) Record monthly expenses

Explanation:

The corrected SQL query for getting the name and initials of each player who has incurred two or more penalties of more than $40 is given below:```

SELECT NAME, INITIALS
FROM PLAYERS
WHERE PLAYERS.PLAYERNO IN (
   SELECT PENALTIES.PLAYERNO
   FROM PENALTIES
   WHERE PENALTIES.AMOUNT > 40
   GROUP BY PENALTIES.PLAYERNO
   HAVING COUNT(*) >= 2
);
```The `GROUP BY` and `COUNT` operations have been moved into the subquery, which returns a list of `PLAYERNO`s that satisfy the condition of having two or more penalties of more than $40. The outer query then selects the `NAME` and `INITIALS` of the players whose `PLAYERNO` is in this list.Note that `>=` has been used instead of `>` in the `HAVING` clause to include players who have exactly two penalties of more than $40.

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A service company is likely to use accounts receivable because it provides services to customers on credit, allowing them to pay later. This means that the company expects to receive payment from its customers in the future. Accounts receivable represents the amount of money owed to the company by its customers for the services rendered.

The company records these amounts as assets on its balance sheet. Examples of service companies include consulting firms, law firms, and healthcare providers.

On the other hand, a merchandising company is not likely to use accounts receivable because it sells goods rather than providing services. When a merchandising company sells goods to customers, it typically receives payment immediately at the time of sale. Therefore, there is no need for the company to track accounts receivable since there is no credit extended to customers. Examples of merchandising companies include retail stores, wholesalers, and distributors.

The use of accounts receivable differs between service and merchandising companies due to the nature of their business operations. Service companies are more likely to utilize accounts receivable to track and collect payments for services provided on credit, while merchandising companies typically receive immediate payment for goods sold and therefore do not rely on accounts receivable.

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Answer:

More sales through customer evangelists

increased sales through responsiveness and personalization

Two ways in which Customer Service and Support affect sales are through the process of sales through customer evangelists and also through  Increased sales through responsiveness and personalization. Hence, options D and E are appropriate.

Customer Service and Support are the main backbones of a business. It is Customer Service and Support which helps the business organization to sell their business products online and also helps in the process of selling them in a very cost-effective way.

Customer Service and Support always help the business to grow by keeping or working directly with the customers.  Customer Service and Support range for a long variety of things. These help in the process of understanding and also carefully analyzing the same.

Customer Service and Support helps the customers in their process of repairing the damaged products as well as also looking after the process of installation of the product.  Customer Service and Support are the first lines of communication through the online system as well in case of any problem or inquiries.

Hence, options D and E are correct.

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Lana's take-home pay represents about 72.97% of her gross pay, which amounts to $2755.67 after subtracting $1020.33 in deductions.

To find the percentage of take-home pay from Lana's gross pay, we need to subtract the deductions from her gross pay and calculate the percentage. Lana's gross pay is $3776, and her deductions total $1020.33.

Take-home pay refers to the amount of money an employee receives after deductions such as taxes, insurance, and other withholdings are subtracted from their gross pay. To calculate the percentage of Lana's take-home pay, we can use the following formula:

(Take-home pay / Gross pay) x 100

Given that Lana's gross pay is $3776 and her deductions total $1020.33, we can calculate her take-home pay as follows:

Take-home pay = Gross pay - Deductions

Take-home pay = $3776 - $1020.33

Take-home pay = $2755.67

Now, let's plug the values into the percentage formula:

(Take-home pay / Gross pay) x 100 = (2755.67 / 3776) x 100 = 0.7297 x 100 = 72.97%

Therefore, Lana's take-home pay represents approximately 72.97% of her gross pay after deducting $1020.33.

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Answer:

Scarce natural resources make it more difficult for producers to keep up with demand.

Explanation:

pa brainlest na din po

Answer:

"Scarce natural resources make it more difficult for producers to keep up with demand"

ABSOLUTE SCARCITY EXAMPLES INCLUDE: ... Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity. A day has an absolute scarcity of time, as you cannot add more than 24 hours to its supply. Those without access to clean water experience a scarcity of water

The Fremont plant of New United Motor Manufacturing, Inc. (NUMMI), which is a joint venture of General Motors and Toyota, assembles two types of cars - Corollas and Geo Prisms.

The costs associated with the plant can be classified into direct (D) or indirect (I) costs and variable (V) or fixed (F) costs with respect to the number of cars of each type assembled. The cost of tires used on Geo Prisms, freight costs of Corolla engines shipped from Toyota City, Japan to Fremont, California, and wages paid to temporary assembly-line workers hired in periods of high production are all direct and variable costs.

The salary of the public relations manager for the NUMMI plant, annual awards dinner for Corolla suppliers, salary of engineer who monitors design changes on Geo Prism, and annual fire-insurance policy cost for NUMMI plant are indirect and fixed costs. Electricity costs for NUMMI plant can be classified as indirect and either variable or fixed depending on the nature of the electricity usage.

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