Suppose Chef Plus manufactures cast iron skillets. One model is a​ 10-inch skillet that sells for $ 35. Chef Plus projects sales of 650 ​10-inch skillets per month. The production costs are $ 6 per skillet for direct​ materials, $ 4 per skillet for direct​ labor, and $ 1 per skillet for manufacturing overhead. Chef Plus has 25 ​10-inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 30​% of the next​ month's sales. Selling and administrative expenses for this product line are $ 1 comma 400 per month. How many​ 10-inch skillets should Chef Plus produce in​ July?

Answer: the market demand curve will underestimate the social demand curve.

Explanation:

The good or service in question, having an external benefit means that it benefits third parties as well as those who actually bought the good or service. This means that it has a higher social benefit than other goods.

The market demand curve would not cater for the demand for this good adequately because it would only adjust for the private benefits. The social demand curve on the other hand, would be adjusted for the external benefits to show that more people want this good or service.

The market demand would therefore underestimate the social demand curve because it would not adjust for the extra demand that comes with the external benefits.

Take some time each day to reflect on how you can be better in all aspects of your life, Make sure to set aside time to exercise.

Life is a journey that is unique to each individual. It is filled with highs and lows, successes and failures, joys and sorrows. Life is an opportunity to learn, grow, and experience new things. It is an adventure that can be filled with purpose and meaning, or filled with aimless wandering. Life is a funny thing - it can be taken for granted, but it is also precious and should be cherished.

Eating a healthy and balanced diet is essential for keeping your saw sharp, make sure to get enough sleep each night,reading helps to keep your mind sharp by exposing you to new ideas, make sure to set aside time to relax and unwind and staying connected.

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In a business cycle, the contraction stage starts when:

After the business cycle reaches its peak but before it troughs, a contraction typically happens. Most economists believe that a recession has started when a nation's real gross domestic product (GDP), the most closely watched gauge of economic activity, has decreased for two or more consecutive quarters.

the stage of the business cycle contraction

Recessions are brought on by shrinkage. 3 A contraction is caused by three different kinds of things. They include runaway inflation, an abrupt rise in interest rates, and a financial crisis.

Most economists believe that a contraction happens when a nation's real GDP declines for two or more consecutive quarters. Trough. A trough in economics is a low point in a business cycle or a regional minimum.

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The contraction phase of a business cycle occurs from the peak to the trough. During this phase, economic activity slows down, and there is a decline in various economic indicators such as GDP, employment, and consumer spending.

In summary, the contraction phase of a business cycle occurs after the peak and is characterized by a decline in economic activity, including indicators such as GDP, employment, and consumer spending. It is a period of economic slowdown and is often accompanied by negative business sentiment and reduced demand.

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Answer:

A. At the garage, mechanics changed the oil, fixed the brakes and checked the transmission.

Explanation:

The creditor is required to give Kate the name of the credit bureau that supplied the report under the Fair Credit Reporting Act (FCRA). The FCRA is a federal law that regulates the collection, use, and disclosure of consumer credit information. Under the FCRA, creditors are required to provide consumers with a copy of their credit report upon request. They are also required to provide consumers with the name and address of each credit bureau that has provided them with a report within the past two years.

The other laws you mentioned are also important, but they do not specifically address the issue of providing consumers with the name of the credit bureau that supplied their report. The Fair Credit Billing Act (FCBA) regulates the billing practices of creditors and credit card companies. The Truth in Lending Law (TILA) requires lenders to disclose certain information to borrowers, such as the annual percentage rate (APR) and the total amount of interest that will be charged on a loan. The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against borrowers on the basis of race, color, religion, national origin, sex, marital status, age, or because they receive income from a public assistance program.

Due to the fact that the firm is the only one that is operating in the community, the economic markets operated here is monopolistic.

This is a type of market that has only one company that is in charge of offering products or services to the public.

The market here is a cable tv and internet company that provides services to the community.

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Answer:

Part 1:

To create the criteria range, table, and extract range with formatted headings and data, follow these steps:

Open a new Excel workbook and create a new sheet.

In cells A1 to G1, enter the following headings: Inventory Number, Description, Unit, Quantity in Stock, List Price, Criteria 1, Criteria 2.

In cells A2 to G8, enter the data from Table 6-7.

Select cells A1 to G8 and click on the "Insert" tab.

Click on "Table" in the "Tables" group and select "Table" from the dropdown menu.

In the "Create Table" dialog box, make sure that "My table has headers" is selected and click "OK".

The table will be created with formatted headings and data.

To create the criteria range, enter the following criteria in cells F2 and F3 respectively: ">10" and "carton".

In cells H2 to H5, enter the following formulas:

=IF(AND(D2>10),A2,"")

=IF(AND(C2="carton"),A2,"")

=IF(AND(E2<25),A2,"")

=IF(AND(D2<=10,E2<10),A2,"")

Drag the formulas down to cells H3 to H8.

The extract range with the required data will be displayed in column H.

Part 2:

Yes, small companies without extensive database experience might use tables such as this every day. The advantages of using tables include easy data entry and management, quick access to information, and the ability to easily filter and sort data. The disadvantages could include limited functionality and scalability compared to more sophisticated database systems.

Some calculated fields that could be added to this table include:

Total Inventory Value: calculated by multiplying the Quantity in Stock and List Price fields

Inventory Turnover: calculated by dividing the Quantity in Stock by the average monthly sales volume

Reorder Point: calculated by multiplying the average monthly sales volume by the lead time for ordering new inventory.

I think that will be heplful for you

Explanation:

Follow these steps to create table, criteria range and extract range with formatted heading and data:

Open a new Excel Workbook and create a new sheet.

In cells A1 to G1, enter the following headings, Inventory Number, Description Unit, Quantity in stock, list price, Criteria 1, Criteria 2.

In cells A2 to G8, enter the data from Table 6-7

Select cells A1 to G8 and click on the "insert" tab.

Click on "Table" in the "Tables" group and select "Table" from the dropdown menu.

In the create Table dialogue box, make sure that "My Table has headers" is selected and click "OK".

The table will be created with formatted headings and data.

To create the criteria range enter the following criteria in cells F2 and F3

In cells H2 to H5, enter the following formulas:

=IF(AND(D2>10), A2,")

=IF(AND(C2="carton"),A2,"")

=IF(AND(E2<25),A2,"")

=IF(AND(D2<=10,E2<10),A2,"")

Drag the formulas down to cells H2 toH8.

The extract range with the required data will be displayed in column H.

sure, small businesses without a lot of database experience might utilize  these tables frequently. Tables have the advantage of simple data entry and maintenance, quick information access, and simple data filtering and sorting. Limited funtionality and scalability in comparison to more advanced database systems could be the drawback.

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Answer:

A. hold money to transfer purchasing power into the future.

Explanation:

People use money as a store of value when they hold money to transfer purchasing power into the future.

Answer:

The three advantages of increasing market share are as follows:

Explanation:

1. Building your reputation:

Reputation in business terminology is called "Goodwill". Goodwill is measured in monetary terms and is shown on the assets side of the balance sheet. Higher goodwill indicates a higher reputation of the firm which in turn attracts potential buyers of the shares.

2. Lowering costs through economies of scale:

Lowering costs through economies of scale maximizes the profit, and the higher profits higher the dividends, and the higher dividends increase the demand for shares in the market.

3. Inspiring competition:

Inspiring competition tells the external and internal users of the company what makes them different from its competitors and when you stand unique from others in the market the market price of the share increases.

Answer:

Find the answers below

Explanation:

1. Shareholders - External users

2. Creditor - External users

3. Nonexecutive employee - External users

4. Research and development director - internal users

5. Purchasing manager - internal users

6. Human resources director - internal users

7. Production supervisors - internal users

The potential for growth, response to stimuli, metabolism, energy transformation, and reproduction are characteristics of life that set it apart from matter that lacks biological activities, such as signaling and self-sustaining processes is life.

From a philosophical perspective, the meaning of life is subjective and varies from person to person. Some might say that the meaning of life is to seek happiness, to find one's purpose, to fulfill one's potential, or to achieve personal growth and self-actualization.

Ultimately, the meaning of life is a deeply personal and subjective matter that each individual must answer for themselves based on their own experiences, beliefs, and values.

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Answer:

A budgered income statement was prepared for North company for the year ending December 31st 2020.

Explanation:

Solution

                              The NORTH COMPANY

                              Budgeted Income Statement

                           For the year December 31st, 2020 Ended

Particulars                                                          Amount

Sales                                                                 $2,414,100

Less: Cost of goods sold

[50,220 Units x $23.00 per unit]                    -11,55,060

The Gross Profit                                                 12,59,040

Less: Selling and administrative expenses     -3,09,700

Earnings before interest and taxes                  9,49,340

Less: Interest Expenses                                   -10,260

The earnings before taxes                                 9,39,080

Less: Income Taxes                                           -2,26,200

The Net Income                                                  7,12,880

The net income for the NORTH COMPANY for the year ended December 31st 2020 is $7,12,880

Answer:

Technical profession is a highly skill based profession in which a practical knowledge is required.Example:engineering in civil,mechanical,computer e.t.c.

The homeowner's insurance company will pay for the damages an amount of $41,325.

Insurance is financial product that provides protection against the potential financial losses. It works on the principle of risk-sharing, where a large number of individuals or organizations pool their money together to create a fund that can be used to compensate for losses that might occur to any member of the group. In exchange for a premium, an insurance company promises to pay out a certain amount of money in case of a covered event such as illness, accidents, or property damage. The purpose of insurance is to provide a sense of security and financial stability to individuals and organizations, enabling them to manage risks and protect themselves against unforeseen events.

Insurance company will pay= $42,500 - $1,175 = $41,325

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Answer:

Results are below.

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total number of surgical room hours= (8*7)*52= 2,912 hours

Predetermined manufacturing overhead rate= 756,000 / 2,912

Predetermined manufacturing overhead rate= $259.61 per surgical room hour

Now, we can allocate costs using the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 259.61*5

Allocated MOH= $1,298.05

Finally, the under/over allocation for January:

Under/over applied overhead= real overhead - allocated overhead

Allocated overhead= 259.61*240= $62,306.4

Under/over applied overhead= 67,250 - 62,306.4

Underapplied overhead= $4,943.6

The appropriate value of the correlation between time and cost for the international calls is 1.

Explanation:

The correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.

In this case, the cost of an international call is directly proportional to the time of the call. This means that as the time of the call increases, the cost also increases at a constant rate. Therefore, the correlation between time and cost for the international calls is 1, indicating a perfect positive correlation.

Here's the formula for the cost of an international call:

Cost = $1 + ($0.02 × time)

The $1 is a fixed fee for each call, and the $0.02 is the rate for each second of talk time. So, for each additional second of talk time, the cost increases by $0.02. This shows a direct relationship between time and cost, resulting in a correlation of 1.

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Answer:

The correct option is d. 5.5.

Explanation:

Note: This question is not properly arranged. It is therefore rearranged before answering the question as follows:

Balance sheet and income statement data indicate the following:

Bonds payable, 10% (due in two years)                              $842,000

Preferred 5% stock, $100 par (no change during year)       220,000

Common stock, $50 par (no change during year)             1,672,000

Income before income tax for year                                       376,000

Income tax for year                                                                  89,000

Common dividends paid                                                         83,600

Preferred dividends paid                                                          11,000

Based on the data presented, what is the times interest earned ratio (rounded to one decimal place)?

Oa. 7.9

Ob. 4.5

Oc. 3.5

Od. 5.5

The explanation of the answer is now given as follows:

The times interest earned ratio can be calculated using the following formula:

Times interest earned ratio = EBIT / Interest expenses ................ (1)

Where;

Interest expenses = Bonds payable * 10% = $842,000 * 10% = $84,200

EBIT = Earnings before interest and taxes = Income before income tax for year + Interest expenses = $376,000 + $84,200 = $460,200

Substituting the values into equation (1), we have:

Times interest earned ratio = $460,200 / $84,200 = 5.46555819477435

Rounded to one decimal place, we have:

Times interest earned ratio = 5.5

Therefore, the correct option is d. 5.5.

Answer:

take inventory on how much product he has and how much he needs

Explanation:

Answer:

Honestly not sure but I personally put "C. plan appropriate order cycles for the inventory"

Explanation:

Plato

Answer:

A mutual fund advisor who informs investors about risks is following the law when it comes to protecting investors’ funds

Explanation:

Answer:B (a mutual fund advisor who informs investors about risks)

Explanation:

The key source of the development requests likely to be generated to  Information system managers. Therefore the correct option is (D).

The Information system of Management refers to the management of the data, facts, figures or information of the system in the computer by the organizations.

According to the above scenario, The system development team is focusing on the adopting the operating environment system which is adopted by the Information system managers

Therefore the correct option is (D).

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Answer:

a

Explanation:

Answer:

This responsiveness also promotes the local market orientation of a subsidiary and therefore the strength of its existing network with the businessmen and government authorities.

Explanation:

Usually, firms working within the global market confront two sorts of competitive pressure. They face pressure to scale back costs and pressure to react locally. These competing forces throw a corporation into conflict. It's going to also need a corporation to supply a consistent product on the international market to downstream the experience curve as soon as feasible. In response to local pressures, however, it's necessary for a firm to differentiate its product offering and marketing strategy from one country to a different in an effort to satisfy the various demands arising from domestic consumer preferences, business practices, channels of distribution, competitive conditions and public policies. Because it's going to entail substantial redundancy and a scarcity of product standards to adapt products to varied domestic needs, the result could also be a rise in prices.

While some organizations, like Company A, face a high to scale back cost and low for the reaction of locally, while others, like Company B, face low to scale back costs and high for local reaction, many companies are within the situation of Company C.  It suggests and supports three layers of variables, including environmental, structural, and organizational responsiveness. The analysis of 168 MNE companies within the People's Republic of China shows that environmental complexity and therefore the uniqueness of business culture increase local reaction. Structural variables like the intensity of competition, heterogeneity of demand and localisation of components increase local reaction.

During its most recent fiscal year, Barrington Enterprises made $4.3 million in taxable income (profits before taxes). The firm's average tax rate and marginal tax rate is 21%.

First, determine the tax rate that applies to your $4.3 million taxable income. The global average statutory corporate tax rate is 23.37%.

We combine Barrington Enterprises' taxable income of $4.3 million at the applicable tax rate of 21% to become taxable. That means we have a tax liability of $903,000.

The average rate is obtained by dividing the total amount of tax due by the amount of taxable income. The typical tax rate in this situation is $903,000/$4.3 million, or 21%.

The rate at which an additional dollar of income would be taxed is known as the marginal tax rate. Barrington Enterprises has a taxable income of $4.3 million in this instance, thus any more income would be taxed at a rate of 21%.

Tax compliance refers to both societal norms and individual practises that help to guarantee that taxpayers are paying the right amount of tax at the right time and receiving the right tax breaks and allowances.

In order to support government spending and other public expenditures (regional, local, or federal), a governmental body levies a tax on a taxpayer (an individual or legal corporation).

Between 3000 and 2800 BC, taxes were first imposed in ancient Egypt. Late payments and evading or retaliating against taxation are also illegal. Direct or indirect taxes may be paid in cash or in the equivalent in compensation at work.

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Answer:

yes a docent is an example of onsite guide

Answer:

I think it's true so a hope this helps

answer is attached to this ☝️☝️☝️☝️

hope it helps you

Company's Economic value added amount is (-$275,000)

Let understand that Economic Value Added is basically, an estimate of the company's economic profit

Let understand that NOPAT means Net operating profit after tax. NOPAT = EBIT (1 - Tax)

Suppose EBIT = x

EBIT - Interest - Tax = Net Income

(x - 200,000) -  0.25*(x - 200000) = 475,000

x - 200,000 = 475,000/0.75

x = 833333.33

Now, EBIT = $833,333.33

Then we calculate NOPAT = EBIT (1 - Tax)

NOPAT = 833,333.33 * (1 - 0.25)

NOPAT = $625,000

Then, we calculate Economic Value Added

EVA = $625,000 - 0.10*$9,00,0000

EVA = $625,000 - $900,000

EVA = ($275,000)

In conclusion, the amount of the Company's Economic value added is a negative of $275,000.

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Answer:

275,000.025

Explanation:

1. EBT =NI/(1-TR)=475,000/0.75 =633,333.3

2.EBIT=EBT+ interest expense =633,333.3+200,000=833,333.3

3.EVA=EBIT(1-TR)- (WACC* Total invested capital)=833,333.3*0.75 -(0.1

*9,000,000)=624,999.975-900,000=275,000.025

Remark: WACC is  an after-tax cost of capital

Answer: C assessing the clients needs

The important step which Gregory has missed during his time with the  client is:

According to the given question, we can see that Gregory is a prospector who went to meet with a client, gave a presentation of what he had to offer, but the client would not commit

As a result of this, the important step which Gregory has missed during the time which he spent with his client is the fact that he did not assess the needs of his client which was improper and caused him not to commit.

Therefore, the correct answer is option C

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