suppose a firm is hiring resources l and m under purely competitive conditions to produce product y, which sells for $0.50 in a purely competitive market. the prices of l and m are $6 and $8, respectively. in equilibrium, the mps of l and m, respectively, are multiple choice 12 and 16. 6 and 8. 8 and 6. 16 and 12.
Answers
Suppose a firm is hiring resources l and m under purely competitive conditions to produce product Y, which sells for $2 in a purely competitive market. The prices of l and m are $10 and $4 respectively. In equilibrium the MPs of l and m, respectively, are 5 and 2.
What is a competitive market?In a competitive market, neither a single customer nor a single manufacturer can have a significant impact on the market. Its response to supply and demand changes as shown by the supply curve, which depicts the quantity of a good. A perfect market, also known as an atomistic market, is defined by various idealising conditions, which are together referred to as perfect competition, or atomistic competition, in economics, specifically general equilibrium theory. Farming is a fantastic illustration of a competitive market. Despite the fact that there are thousands of farmers, none of them has the power to change the market or the price based on how much they produce. The farmer has little choice but to raise the crop and take whatever price is offered for it at the time.
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Related Questions
If a company has financial difficulties, which of the following has the highest priority for repayment?
Individuals who purchased bonds from the company.
Answers
Individuals who purchased bonds from the company have the highest priority for repayment in case of financial difficulties.
The reason for this is that bonds are considered debt instruments and bondholders are considered creditors. The company has a legal obligation to pay back the principal amount and interest to the bondholders before any other payment to shareholders or other stakeholders.
Bonds are issued by companies to borrow money from investors.
Bondholders are creditors of the company and have a legal claim on the assets of the company.
In case of financial difficulties, the company must prioritize the repayment of its debts, including bonds.
Bondholders have the highest priority for repayment, followed by other creditors such as banks or suppliers.
Shareholders, on the other hand, have a lower priority and may not receive any payment if the company is unable to repay its debts.
In summary, bondholders have the highest priority for repayment in case of financial difficulties as they are considered as creditors of the company.
This is because bonds are debt instruments that create a legal obligation for the company to repay the principal amount and interest to the bondholders before any other payment to shareholders or other stakeholders.
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(Figure: Payoff Matrix I for Blue Spring and Purple Rain) The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to:
Answers
The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to: always charge a low price.
What is a Payoff Matrix?Generally, In the field of game theory, a description of a game is referred to as normal form. In contrast to extended form, normal-form representations are not graphics in and of themselves; rather, they use matrices to depict the game in question.
The outcomes of the decisions made by players in a game may be represented using something called a reward matrix.
The structure of a game, such as whether players take in turns to do actions or if a player must make a decision without knowing what option the other player will make, is not conveyed by a payout matrix. Components that make into a payoff matrix.
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Select the best answer for the question.
7. A large facility that manufacturers send large quantities of product to then be distributed to stores is called:
Answers
A large facility that manufacturers send large quantities of product to then be distributed to stores is called a distribution center.
What is A distribution center?A distribution center, also known as a warehouse or a logistics center, is a large facility where manufacturers or suppliers store products and merchandise in large quantities.
The purpose of a distribution center is to efficiently manage the flow of goods from the manufacturer or supplier to the end customer. The distribution center receives shipments of products from various sources, sorts and stores them, and then sends them out to retail stores, wholesalers, or directly to customers through various channels such as online orders, catalog orders, or phone orders.
Hence, the goal is to ensure that the right products are delivered to the right place at the right time in the most efficient and cost-effective manner possible.
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during 20x5, estimated tax payments of $300,000 were charged to prepaid taxes. trey has not yet recorded income tax expense. there were no differences between the financial statement and the income tax income, and trey's tax rate is 30%. included in accounts receivable is $500,000 due from a customer. special terms granted to this customer require payments
Answers
The total current assets should be reported as $2,470,000.
In Trey Co.'s December 31, 2017 Balance Sheet, total current assets should be reported as $2,470,000. This calculation takes into account the adjusted trial balance provided, as well as the additional information that estimated tax payments of $300,000, was charged to prepaid taxes and that there is an amount of $500,000 due from a customer in the accounts receivable account that is to be paid in semiannual installments.
To calculate this,
Cash ($550,000) + Accounts Receivable, net ($1,650,000-$500,000) + Prepaid taxes ($300,000) = $2,470,000.
It is important to note that this does not include income tax expense, which has not yet been recorded, and that the total current assets are calculated by adding all of the current assets, which are assets that are expected to be converted into cash or used up within a year.
Complete question:
The following trial balance of Trey Co. at December 31, 2017 has been adjusted except for income tax expense. Dr. Cr. Cash $550,000 Accounts Receivable, net 1,650,000 Prepaid taxes 300,000 Accounts payable $120,000 Common stock 500,000 Additional paid-in capital 680,000 Retained earnings 630,000 Foreign currency translation adjustment 430,000 Revenues 3,600,000 Expenses 2,600,000 $5,530,000 $5,530,000 Additional information: •During 2017, estimated tax payments of $300,000 were charged to prepaid taxes. Trey has not yet recorded income tax expense. There were no differences between the financial statement and the income tax income, and Trey's tax rate is 30%. •Included in accounts receivable is $500,000 due from a customer. Special terms granted to this customer require payments in equal, semiannual installments of $125,000 every April 1 and October 1. In Trey's December 31, 2017 Balance Sheet, what amount should be reported as total current assets?
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As a corporation, you want to distribute money to shareholders as a dividend. If the dividend is taxed at a rate of 20% and the dividend is $1 per share, how much money will a shareholder of 10,000 shares get after-tax? a) $8,000 b) $8,250 c) $8,400 d) $9,000
Answers
Answer:
a) $8,000
Explanation:
The tax rate is 20% of the dividend. If the dividend is $1 per share, the actual tax per share is 20 percent of $1.
=20/100 x $1
=0.2 x$1
=20cents per share
A shareholder will receive $1- 20 cents as dividends per share
=80 cents or $0.80 per share.
A shareholder with 10,000 shares will get
=10,000 x $.80
=$8,000
Answer:
$8000
Explanation:
If the amount produced of each good in the economy = the amount consumed. What is the GDP in 2023 if CPI 2020 = -1.0% and CPI 2023= 7.8%
Answers
The information provided in the question is not sufficient to directly calculate the GDP in 2023. However, we can provide some general information about the relationship between GDP and CPI.
GDP, or Gross Domestic Product, is a measure of the total value of goods and services produced within a country's borders in a specific period, usually a year. It includes all final goods and services produced for consumption, investment, and government spending.
CPI, or Consumer Price Index, is a measure of the average change over time in the prices paid by urban consumers for a basket of goods and services. It is often used as a measure of inflation, which is the rate at which the general level of prices for goods and services is rising.
The relationship between GDP and CPI is complex and depends on various factors, including the composition of the basket of goods and services used to calculate CPI, the level of productivity in the economy, and the overall level of demand and supply.
However, one general observation is that a higher CPI may indicate higher prices for goods and services, which may lead to an increase in nominal GDP (i.e., GDP measured in current prices). However, if the increase in prices is due to inflationary pressures and not due to a real increase in output, the increase in nominal GDP may not reflect an increase in real economic activity.
In summary, without more information about the composition of the basket of goods and services, the level of productivity, and other factors that affect GDP and CPI, we cannot directly calculate the GDP in 2023 based on the given information.
Wig Creations Company supplies wigs and hair care products to beauty salons throughout Texas and the Southwest. The accounts receivable clerk for Wig Creations prepared the following partially completed aging of receivables schedule as of the end of business on December 31, 20Y7:
Not Days Past Due
Past
Customer Balance Due 1-30 31-60 61-90 91-120 Over 120
ABC Beauty 20,300 20,300
Angel Wigs 7,500 7,500
Zodiac Beauty 4,100 4,100
Subtotals 1,305,500 743,100 296,100 127,700 43,000 17,300 78,300
The following accounts were unintentionally omitted from the aging schedule. Assume all due dates are for the current year except for Visions Hair & Nail, which is due in the next year.
Customer Due Date Balance
Arcade Beauty Aug. 17 $5,500
Creative Images Oct. 30 4,900
Excel Hair Products July 3 8,600
First Class Hair Care Sept. 8 6,900
Golden Images Nov. 23 3,900
Oh That Hair Nov. 29 2,900
One Stop Hair Designs Dec. 7 6,400
Visions Hair & Nail Jan. 11 4,300
Wig Creations has a past history of uncollectible accounts by age category, as follows:
Age Class Percent Uncollectible
Not past due 1 %
1-30 days past due 3
31-60 days past due 9
61-90 days past due 32
91-120 days past due 42
Over 120 days past due 75
Required:
Question Content Area
1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero.
Customer Due Date Number of Days Past Due
Arcade Beauty Aug. 17 fill in the blank 85ddb5ffaff8055_1
days
Creative Images Oct. 30 fill in the blank 85ddb5ffaff8055_2
days
Excel Hair Products July 3 fill in the blank 85ddb5ffaff8055_3
days
First Class Hair Care Sept. 8 fill in the blank 85ddb5ffaff8055_4
days
Golden Images Nov. 23 fill in the blank 85ddb5ffaff8055_5
days
Oh That Hair Nov. 29 fill in the blank 85ddb5ffaff8055_6
days
One Stop Hair Designs Dec. 7 fill in the blank 85ddb5ffaff8055_7
days
Visions Hair & Nail Jan. 11 fill in the blank 85ddb5ffaff8055_8
days
Answers
Company: The number of days past due is calculated by subtracting the due date from the current date.
What is Company?A company is a type of business that is owned and operated by its shareholders. It is a legal entity that is separate from its owners and can be used to conduct business activities. A company can be organized in a variety of ways, such as a sole proprietorship, partnership, limited liability company, or corporation. Companies are typically formed to earn profits for their shareholders and are subject to regulations, taxation, and other legal requirements.
Customer Due Date Number of Days Past Due
Arcade Beauty Aug. 17 85 85ddb5ffaff8055_1 days
Creative Images Oct. 30 55 85ddb5ffaff8055_2 days
Excel Hair Products July 3 135 85ddb5ffaff8055_3 days
First Class Hair Care Sept. 8 75 85ddb5ffaff8055_4 days
Golden Images Nov. 23 15 85ddb5ffaff8055_5 days
Oh That Hair Nov. 29 9 85ddb5ffaff8055_6 days
One Stop Hair Designs Dec. 7 0 85ddb5ffaff8055_7 days
Visions Hair & Nail Jan. 11 -25 85ddb5ffaff8055_8days
The number of days past due is calculated by subtracting the due date from the current date. For example, Arcade Beauty is due on Aug. 17 and the current date is December 31, so the number of days past due is 85 days. Visions Hair & Nail is due on January 11, so the number of days past due is -25, since the due date is in the future.
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Market segmentations of Compact Swivel Cheese and Tapas Board
Answers
Answer:
Market segmentation for Compact Swivel Cheese and Tapas Board can be based on various factors, such as:
Demographic segmentation: This involves segmenting the market based on demographic variables such as age, gender, income, education, occupation, and marital status. For example, the product may be targeted towards young professionals who enjoy hosting dinner parties.Geographic segmentation: This involves segmenting the market based on geographic variables such as region, city size, and climate. For example, the product may be targeted towards consumers in urban areas with high disposable income.Psychographic segmentation: This involves segmenting the market based on lifestyle, personality, and values. For example, the product may be targeted towards consumers who value high-quality and aesthetically pleasing products.Behavioral segmentation: This involves segmenting the market based on consumer behavior such as purchase frequency, loyalty, and occasion. For example, the product may be targeted towards consumers who frequently entertain guests or host dinner parties.Based on these factors, some possible market segments for Compact Swivel Cheese and Tapas Board could include:
Young urban professionals who enjoy hosting dinner parties and value aesthetically pleasing products.Affluent consumers who frequently entertain guests and are willing to pay a premium for high-quality products.Health-conscious consumers who enjoy cheese and tapas but also want to maintain a healthy lifestyle.Consumers who are environmentally conscious and prefer products made from sustainable materials.Consumers who are interested in artisanal and handmade products.The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
Answers
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?
a) Show them proof of her high credit score.
b) Sign an agreement to pay back $9000.
c) Go to a bank instead of getting a loan from her parents.
d) Give them the title to her car.
Answers
Select all of the expressions that are equal to 6 × 45.
6 × (40 + 5)
Answers
Answer: A. 6 × (40 + 5)
C. (6 × 40) + (6 × 5)
E. 6 × (20 + 25)
Explanation:
The options include:
A. 6 × (40 + 5)
B. 4 + 2 × 45
C. (6 × 40) + (6 × 5)
D. (6 + 40) × (6 + 5)
E. 6 × (20 + 25)
6 × 45 = 270
A. 6 × (40 + 5)
= 6 × 45
= 270
B. 4 + 2 × 45
= 4 + 90
= 94
C. (6 × 40) + (6 × 5)
= 240 + 30
= 270
D. (6 + 40) × (6 + 5)
= 46 × 11
= 506
E. 6 × (20 + 25)
= 6 × 45
= 270
Therefore, the correct options are A, C and E.
Company: Apple Inc.
Questions:
1. Provide a brief history of the company.
2. What is the company’s mission statement? What are the company’s goals?
3. What is the company’s general environment? What is the company’s task environment? What is the company’s internal environment?
4. How does the company handle corporate social responsibility?
5. Complete a SWOT Analysis for the company.
6. What is the company’s generic strategy (Cost Leadership, Differentiation, Focus)? Does the product life cycle strategy pertain to them? If so, give an example.
7. What is the company’s perspective on diversification (Single-Product, Related, or Unrelated) of their business? If applicable, complete a BCG Matrix for the company.
8. What are some examples of programmed decisions the company makes? What are some examples of non-programmed decisions the company makes?
9. What is the organization’s structure (basic form of an organization)? Do they utilize job specialization, enlargement, or enrichment? If so, how?
10. How do they handle HR issues, such as employee compensation, hiring, etc.?
PLEASE ANSWER FULLY AND PROVIDE THE SOURCES OF WHERE YOU GOT THE INFO FROM IN MLA OR APA FORMAT
Answers
Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple Inc. in Cupertino, California on April 1, 1976. The corporation initially concentrated on producing personal computers, such as the Apple II and the Macintosh.
What are low entry barriers and competitiveness?Examples of low entry barriers include the necessity to have customers convert to a new brand without a lot of work or pain. Another example is the need to build a brand in a small market with little competition.
Why are entrance barriers so low?High exit barriers make markets unstable and incapable of self-regulation, which causes significant long-term fluctuations in profit margins. Because these markets are self-regulatory and stable, profit margins do not change much over time.
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9. The difference between a C Corp and an S Corp is
A. only a C Corp has a board of directors.
B. all companies must start
C Corps and become S Corps.
C. the tax code that each uses is different.
D. the personal assets of a C Corp owner belong to the business.
Answers
Answer:
the tax code that each uses is different.
Answer:
c. the tax code that each uses is different
Explanation:
Marco and Tatiana are married and file separate returns for 2020. Tatiana iternizes her deductions on her return. Marco's adjusted gross income was $18,000, his itemized deductions were $ 2,400 Neither have any dependents Calculate Marco's income tax liability assuming the couple does not live in a community property state.
Answers
Answer:
Since Marco's itemized deductions are lower than the standard deduction, he should not itemize. His taxable income = AGI - standard deduction = $18,000 - $12,400 = $5,600.
Marco's total income tax liability = $5,600 x 10% = $560
Taxpayers should not itemize when the deductions are lower than the standard deduction.
Madeline has a credit score of 648. According to the following table, her
credit rating is considered to be which of these?
Il your FICO credit score is
Your credit rating is considered to be
750 - 850
660 - 749
620 - 659
350 - 619
Excellent
Good
Fair
Poor
A. Fair
B. Good
O
C. Excellent
D. Poor
SUMIT
Answers
Answer: Fair
Explanation:
Based on the given table, Madeline's credit score of 648 falls within the range of 620-659, which is considered as a "Fair" credit rating.Hence option A is correct.
A credit score is a numerical representation of a person's credit worthiness, and it is calculated based on various factors such as credit history, payment history, credit utilization, and length of credit history. A higher credit score is generally considered more favorable by lenders as it indicates a lower risk of defaulting on loans or credit cards.
A "Fair" credit rating suggests that Madeline may have some negative items on her credit report, such as late payments, collections, or high credit utilization. While she may still qualify for credit products, she may have to pay higher interest rates or put down a larger deposit to secure a loan or credit card.
It's essential for Madeline to continue building her credit score by making timely payments, keeping credit utilization low, and avoiding new credit applications unless necessary.
With consistent efforts, she can improve her credit score and move up to a higher credit rating, which may provide better borrowing opportunities and lower interest rates.
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Research topics For university student
Answers
There are some research topics for university student such as current events, youth consumption of the harmful substance, social media impact on the children and other concepts.
What is research?The term research on the analysis of the topic and find the solution and the results. Research on the primary and the secondary basis. Research was the collection and the observation of the data analysis.
There are some research topics for university student is:
Current eventsPandemicYouth consumption of the harmful substanceSocial media impact on the childrenAs a result, the concluded on the research topic are the aforementioned.
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Your question is incomplete, but most probably the full question was.
What are the research topic for university student?
It is possible to eliminate certain risk by investing in different companies. What type of risk is this?
Answers
The given statement can be marked as true. Unsystematic risk can be eliminated by investing in different companies.
What is meant by Unsystematic risk?Unsystematic risk refers to risks that represents the portion of investment risk that can be practically reduced or eliminated through the way of diversification.
Diversification is the risk management strategy that consists a wide variety of investments. It ensures that if some assets perform poorly, other areas of the portfolio associated with different sectors can cover the loss.
Unsystematic risks can be reduced by diversifying one's investments.
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John only had $40 to spend and couldn't decide whether
to buy a new pair of jeans or to go to an amusement park.
He finally decided to spend his money on the amusement
park. What was the opportunity cost of his decision?
No opportunity cost was involved.
O $40
Trip to amusement park
New pair of jeans
Answers
Answer:
The opportunity cost of John's decision is the benefit that he could have derived from the:
New pair of jeans,
which he did not choose to buy.
Explanation:
In this scenario, John is faced with two alternative decisions. By choosing to spend his limited financial resource, $40, on the amusement park, the forgone benefit that would have been derived by choosing a new pair of jeans is lost by the cost of visiting the amusement park. The concept of opportunity cost helps in clarifying economic decisions among alternative courses of action, enabling the decision-maker to reach a favorable decision.
Matt Christopher is a 30-year-old mechanical engineer, and his salary next year will be $80,000. Matt expects that his salary will increase at a steady rate of 6% per year until his retirement at age 60. If he saves 10% of his salary each year and invest these savings at an interest rate of 8%, how much will he have at his retirement
Answers
Answer:
f
Explanation:
A non-current asset was depreciated at the end of the first year of ownership using the straight-line method based on the following information. Cost $20 000 Working life 4 years Residual value $4000 It was then found that the reducing balance method at 30% per annum should have been used. What was the effect on the profit for the year of correcting this error?
A Decrease by $2000
B Increase by $2000
C Decrease by $6000
D Increase by $6000
Answers
Answer:
Correcting the error, the residual value of the product would increase by $802.
Explanation:
Since a non-current asset was depreciated at the end of the first year of ownership using the straight-line method based on the following information: Cost $ 20,000 Working life 4 years Residual value $ 4000; and it was then found that the reducing balance method at 30% per annum should have been used, to determine what was the effect on the profit for the year of correcting this error the following calculation should be performed:
100 - 30 = 70
Year 0: 20,000
Year 1: 20,000 x 0.7 = 14,000
Year 2: 14,000 x 0.7 = 9,800
Year 3: 9,800 x 0.7 = 6,860
Year 4: 6,860 x 0.7 = 4,802
Thus, correcting this error, the residual value of the product would increase by $ 802.
Walkers (Pty) Ltd manufactures a basic baby walker product by means of a single manufacturing process and uses a process costing system. Raw materials are added at the beginning of the process and the conversion costs are evenly incurred during the process. The following information is available for November 2022: 8 000 units Material cost: R400 000 Opening work in progress (25% complete) Put in production Completed and transferred Closing work in progress (80% complete) Additional information: ● 15 000 units REQUIRED: 20 000 units 1 250 units Material cost: R900 000 Cost of conversion: R120 000 Cost of conversion: R3 100 000 Normal wastage amounts to 5% of the inputs that reach the identification of wastage stage in the process. Wastage occurs when the process is 20% complete. The company uses the weighted average method of inventory valuation. Prepare the process cost report for Walkers (Pty) Ltd using the weighted average method of stock valuation i.e. 2.1 Prepare the quantity statement (with the equivalent production) 2.2 Prepare the cost statement 2.3 Calculate and allocate the normal loss in Rands 2.4 Prepare the cost allocation statement Tabulate your answers as far as possible. (16 marks) (7 marks) (8 marks) (14 marks)
Answers
The normal loss is not allocated to completed units, as it is a normal part of the process and therefore is considered a joint cost. Below are the quantity statement, cost statement, and cost allocation statement.
What constitute the statements?2.1 Quantity Statement (with equivalent production)
| Process Stage | Units (physical) | % of completion | Equivalent Production Units |
| Opening WIP | 2,000 | 25% | 500 |
| Started production | 15,000 | 100% | 15,000 |
| Total | 17,000 | | 15,500 |
| Completed & Transferred | 8,000 | 100% | 8,000 |
| Closing WIP (80%) | 9,000 | 80% | 7,200 |
| Total Output | 8,000 | 100% | 8,000 |
2.2 Cost Statement
| Process Stage | Material Cost | Conversion Cost | Total Cost | Cost per Equivalent Production Unit |
| Opening WIP | R100,000 | R10,000 | R110,000 | R220.00 |
| Started production | R600,000 | R80,000 | R680,000 | R45.33 |
| Total (transferred) | R400,000 | R50,000 | R450,000 | R56.25 |
| Closing WIP | R200,000 | R26,000 | R226,000 | R31.39 |
| Total | R1,300,000 | R166,000 | R1,466,000 | R94.58 |
2.3 Normal Loss Calculation
Normal wastage amounts to 5% of the inputs that reach the identification of wastage stage in the process. Wastage occurs when the process is 20% complete. Therefore, calculate the equivalent production units for the normal loss separately.
Inputs for normal loss: 15,000 units x 105% (to account for normal loss) = 15,750 units
| Process Stage | Units (physical) | % of completion | Equivalent Production Units |
| Normal Loss | 15,750 | 20% | 3,150 |
| Total | 15,750 | | 3,150 |
The normal loss is 3,150 equivalent production units.
2.4 Cost Allocation Statement
| Cost Item | Total Cost | Cost per EPU | Cost per completed unit |
| Material Cost | R1,300,000 | R84.52 | R162.50 |
| Conversion Cost | R166,000 | R10.75 | R20.75|
| Normal Loss Allocation | R39,075 | R12.40 | - |
| Total Cost | R1,505,075 | | |
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ACCOUNTING:-
How do we find out the Balance B/D in the credit section?
Answers
In accounting, the term "Balance B/D" typically refers to the Balance Brought Down, which represents the balance carried forward from the previous accounting period.
To find out the Balance B/D in the credit section, you would need to consider the following:
Obtain the financial statements: Retrieve the previous period's financial statements, including the balance sheet and the income statement.
Locate the previous period's credit balance: Look for the credit balance in the relevant accounts on the balance sheet. These accounts could include liabilities, equity accounts, or contra-asset accounts.
Analyze changes: Review any changes that occurred during the previous period in the accounts with credit balances. Determine whether there were any increases or decreases in these accounts due to transactions or adjustments.
Calculate the net change: Calculate the net change in the accounts with credit balances by subtracting any decreases from the increases. This will give you the overall change in the credit balances of these accounts.
Determine the Balance B/D: Add the net change to the previous period's balance. If the previous period's credit balance was zero, then the net change itself will be the Balance B/D in the credit section. However, if there was an existing credit balance, you would need to add the net change to that balance to find the Balance B/D in the credit section.
By following these steps, you can identify the Balance B/D in the credit section, which represents the credit balance carried forward from the previous accounting period.
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The spot price of an asset is Rs. 400. Futures price is 250. Interest rate is 10% per annum. Time is 4 years. How much you should you invest today so that you earn a profit on the same day and your position in futures market is also covered after 4 years automatically?
Answers
The present value of the investment is $5846.40
How to find the present value of the annuity?The future value of an annuity is the value of a group of recurring payments at a certain date in the future, assuming a particular rate of return.
We are to find the future value of the annuity using the figures as given, we are to find the future value of the investment
The future value P is:
P= pmt*(1+r)^(n - 1 /r)
where
p=future value
pmt=dollar amount
R=Interest rate or discount
n=number of periods in which payment will be made=400(1+0.1)*4 _1/0.1
Evaluate this means that the present value is $5846.4
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Revise the following paragraph by incorporating a bulleted list. This information is to let you know that a high-powered MBA program costs hundreds of dollars an hour. However, our program covers the same information. That information includes entrepreneurship tips as well as how to start a business. You will also learn information about writing a business plan and understanding taxes. In addition, our MBA program covers how to go about writing a marketing feasibility study. Another important topic that our program covers is employment benefits plans.
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Answer:
Revision of Paragraph to Incorporate a Bulleted List
A high-powered MBA program costs hundreds of dollars an hour. However, our program covers the same information. That information includes the following:
O entrepreneurship tips as well as how to start a business,
O writing a business plan and understanding taxes,
O writing a marketing feasibility study, and
O employment benefits plans.
Explanation:
To correctly understand a bulleted list, it is important to differentiate it from a numbered list. Each bulleted paragraph is started with a symbol without the use of a number. This means that the list is not ordered in any particular order. On the other hand, a numbered list has a sequential or ordered number for each paragraph list.
Can anyone help me out
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It is a false statement that Hazmat suits are used for the protection of people wearing suits.
It is a true statement that the associate should apply labels that are not directed by the system.
It is a true statement that the two type of lithium battery are Lithium Ion and Lithium Metal
It is a false statement that it is okay for a Hamzat suit to wrap around the edge of a box
What is the purpose of hazmat suit?A hazmat suit means a piece of equipment that form part of the personal protective equipment (PPE) kit. The suit includes a garment that is impermeable and its designed especially for the protection of the wearer from any kind of hazardous substances.
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Suppose that, in a competitive market without government regulations, the equilibrium price of milk is $2.50 per gallon. Complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding.
Statement Price Control Binding or Not
The government has instituted a legal elector
minimum price of $2.30 per gallon for more
than $2.50 per gallon. Price ceiling Binding
Price floor Non-binding
The government has instituted a legal minimum
price of $3.40 per gallon for gasoline. Price ceiling Binding
Price floor Non-binding
There are many teenagers who would like to
work at gas stations, but they are not hired due
to minimum-wage laws. Price ceiling Binding
Price floor Non-binding
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Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
Price ceiling:-This is show the limit of the price on maximizing value of the product which is decided by government and his imposed group for customer.
Binding:-The binding price ceiling is below the equilibrium price.
Unbinding:-The unbinding price ceiling is above equilibrium price.
Price floor:-This is show the limit of the price on lower value of the product which is decided by government and his imposed group for customer. A price floor must be higher than the price equilibrium price in order to be effective.
Binding:-The binding price floor is above the equilibrium price.
Unbinding:-The unbinding price floor is below the equilibrium price.
It is given that the equilibrium price of milk is $2.50 per gallon.
Statement 1:-This is the example of price floor and binding because minimum price of $2.30 per gallon is decided.
Statement 2:-This is the example of price floor and binding because minimum price of $3.40 per gallon is decided for gasoline.
Statement 3:-This is the example of price floor and binding because teenagers are not hired due to minimum-wage laws.
Bruv, Help! How do I convince my strict parents to get me LED lights for my room??
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Answer: Well, if your parents say no, then that's no, but you can just ask nicely, "May i have LED lights in my room, i really like them, and i would appreciate it if im allowed to but i understand if i can't."
Explanation:
Explanation:
Tell them as a student you need it in learning . like you need them whenever you are learning at dawn
Jenna purchased 500 shares of XYZ stock for $10 per share. The stock paid the following dividends: Year 1: $0.25 per share Year 2: $0.27 per share Year 3: $0.29 per share Assume the stock is trading for $15 per share at the end of Year 3. Calculate the time-weighted return for XYZ stock over this period.
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Based on the price of the stock and the dividend over the years, the time-weighted return of XYZ stock is 16.83%.
What is the time-weighted return of XYZ stock?In this case, the Time weighted return can will be the same as the IRR so the IRR function on a spreadsheet can be used to find the return.
Year 0 return = -$10 per share
Year 1 = $0.25
Year 2 = $0.27
Year 3 = (0.29 + 15) = $15.29.
Time weighted return will be 16.83% as shown in the attachment.
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Now that you have determined the feasibility of the product or service idea, do the following: 1. Explain how you determined that there was a need for the product or service you indicated in question 1 (5 marks) 2. Make a list of four groups of people who may be potential consumers of your business (4 marks) 3. Write out a mission statement for your business (2 marks) 4. Write out a SMART objective for your business enterprise
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1- To determine the need for the product or service, market research was conducted, including surveys and focus groups, to understand potential customers' needs and preferences. Additionally, competitor analysis was done to see if similar products or services were already available in the market, and if so, how the proposed product or service would differentiate itself.
2- Four potential consumer groups for the business are:
• Young adults looking for healthy snack options
• Busy professionals in need of convenient meal solutions
• Fitness enthusiasts seeking high-protein snacks
• Health-conscious families looking for nutritious snack options for their children
3- Mission statement: Our mission is to provide healthy and convenient food options that fit into our customers' busy lifestyles while promoting overall wellness and nutrition.
4- SMART objective: To achieve a 20% market share in the healthy snack market within the first year of operation by launching a targeted marketing campaign and expanding our product line to meet the diverse needs of our customer groups.
- I Hope This Helps! :)
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You have just discovered a $1,000 par value corporate bond with a maturity of 10 years. The bond's yield to maturity is 9% and the bond is currently selling for $743.29. What is the bond's annual coupon rate (the bond pays coupon payments annually)?
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After using the TVM Calculation, the bond's annual coupon rate is 5%.
In the given question,
You have just discovered a $1,000 par value corporate bond with a maturity of 10 years.
The bond's yield to maturity is 9% and the bond is currently selling for $743.29.
We have to find the bond's annual coupon rate.
The coupon rate of a bond or other fixed income instrument is the interest rate paid on the bond. The interest rate is set when a firm or the government issues a bond. The coupon bond rate shows the annual interest rate, expressed as a percentage, that the bond pays about the face value each year.
Bond Par Value(FV) = $1000
Bond Current Value (PV) = $743.29
Yield to Maturity of Bond (I) = 9%
Time for Maturity (T) years = 10 years
To calculate the Coupon Rate,
By TVM Calculation,
PMT(Payment) = [FV=1000, PV=743.29, T=10, I=9%]
PMT = 50%
So,
Bond’s annual coupon rate = PMT/T
Bond’s annual coupon rate = 50/10
Bond’s annual coupon rate = 5
Therefore, the bond's annual coupon rate is 5%.
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