The contribution margin for Ross Company for the quarter cannot be decided as there are no values provided but the formula to calculate is available:
To determine the total contribution margin for Rossi Company for the quarter, we need some additional information about the Chair Division and Cushion Division, specifically the number of units produced, the selling price per unit, and the variable cost per unit for each division.
The contribution margin is calculated by subtracting the variable cost per unit from the selling price per unit.
Contribution Margin per unit = Selling Price per unit - Variable Cost per unit
Once you have the contribution margin per unit for both the Chair Division and Cushion Division, you can find the total contribution margin for the quarter by multiplying the number of units produced in each division by their respective contribution margins per unit.
Total Contribution Margin for Chair Division = Number of units (Chair Division) × Contribution Margin per unit (Chair Division)
Total Contribution Margin for Cushion Division = Number of units (Cushion Division) × Contribution Margin per unit (Cushion Division)
Finally, add the total contribution margins for both divisions together to get the overall total contribution margin for the Rossi Company.
Total Contribution Margin (Rossi Company) = Total Contribution Margin (Chair Division) + Total Contribution Margin (Cushion Division)
Once you have the necessary information, you can plug the numbers into these equations to calculate the total contribution margin for the Rossi Company for the quarter.
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Garden Variety Flower Shop uses 930 clay pots a month. The pots are purchased at $3.90 each. Annual carrying costs per pot are estimated to be 10 percent of cost, and ordering costs are $10 per order. The manager has been using an order size of 2,000 flower pots.
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%
An agency CM system involving a number of contracts directly with the owner but managed by the contractor is usually called
There are different kinds of systems. An agency CM system involving a number of contracts directly with the owner but managed by the contractor is usually called multiple pimes 15.
What is a CM agency?Agency Construction Management is known to be a a fee-based service engaged by firms where construction manager (CM) is held accountable for mainly to the owner and is known to work in the owner's interests in all each stage of the project.
Often at times, The construction manager is known to be the agent for the client and Prime contracting is also known as a form of procurement to which the client enters.
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In the Amazon and Zappos merger, what was Zappos BATNA? Be
specific and cite sources.
Zappos' Best Alternative to a Negotiated Agreement (BATNA) in the Amazon and Zappos merger was to remain an independent company and proceed with its initial public offering (IPO).
According to an article published by Forbes, Zappos was in the process of filing for an IPO and was valued at $1 billion at the time of the merger negotiations with Amazon. The article also states that Zappos CEO Tony Hsieh had previously expressed his desire to take the company public. Therefore, Zappos' BATNA was to continue with its IPO and remain an independent company.
Source: Forbes, "Amazon Buys Zappos for $850 Million, Ending Independence of Online Shoe Retailer"
https://www.businessinsider.com/amazon-buys-online-shoe-retailer-zappos-for-800-million-2009-7?IR=T
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how is the amount of accrual entry for the portion of a weekly payroll that is accrued at the end of accounting period determined?
The amount of accrual entry for the portion of a weekly payroll that is accrued at the end of an accounting period is determined by calculating the earned wages for the employees during that period.
To determine the accrual amount, you would typically need to know the number of days or hours worked by each employee during the accounting period and their corresponding wage rates. Multiply the hours worked by the wage rate to calculate the earned wages for each employee. Then, sum up the earned wages for all employees to obtain the total amount to be accrued.
For example, if Employee A worked 40 hours during the week at a wage rate of $15 per hour, the earned wages for that employee would be $600 (40 hours * $15/hour). Repeat this calculation for all employees, and finally, sum up all the earned wages to arrive at the accrual amount for the weekly payroll.
It's crucial to ensure accurate time tracking and wage rate information to calculate the accrual entry correctly.
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In the course of the communication process, which of the given steps logically follows after the listener receives the message sent by the communicator?
Answer:
b. Interpreting the message
Explanation:
As we know that the communication process involves sender, encoding, message, receiver, decoding and feedback
After the listener received the message sent by the communicator the step that is followed is message interpreted that means how the message would be interpreted it would be the same as the sender send to the receiver or it would be in understanding in a different way
Hence, the correct option is b.
the ability to withdraw money at any time without penalty
The average national utility price is $270. 48. Over a 6-month period, what is the average utility price in Dallas? How does this compare with the national average?.
Utility Costs conveys utility and home energy costs incidental to the residency of rental place.
What utility price?
The average national utility price is $270.48 Over a 6-month period, then the average utility price in Dallas will be $326 which is Higher than the national average.
The average rate of Dallas are always higher than the national utility price. Amusement in the cities and daily utilization from families in higher economic set brought to this number.
The cost of living in particular state is higher than national average rate because of the boom cycle.
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Answer:
it’s B
Explanation:
under which model of oligopoly are firms more likely to set prices above marginal cost and earn profit?
Oligopoly that colludes When businesses in an oligopoly band together to establish a cartel, they will attempt to fix the price at a level that maximizes industry profits.
What does an economic oligopoly mean?An industry with a small number of active companies is referred to as a "oligopoly." No one company holds a sizable amount of market power in an oligopoly.
What distinguishes oligopoly from the Edgeworth model?According to the Edgeworth Model, each company in a duopoly market anticipates that its rival will charge the same price; therefore, it adjusts its price to increase its profit. This business philosophy keeps the price battle going.
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Discuss one of the main disadvantages of MNC's/FDI to Nigeria. Describe the pattern of FDI in Nigeria in recent years
Hindering Domestic Investment Foreign direct investment can hamper domestic investment. Due to foreign direct investment, local companies in each country are losing interest in investing in domestic products.
Risk of Political Change Political trends in other countries can change constantly, which can deter investors. Negative exchange rates Foreign direct investment can affect exchange rates, benefiting one country and detrimental to another. Poor performance Multinationals have been criticized for poor working conditions in foreign factories.
Higher Costs Investors may find that investing abroad is more expensive than exporting goods. In many cases, more money is invested in machinery and intellectual property than the wages of local employees. There is no guarantee that an investment will pay dividends in the future. The global political situation is also inherently unstable. This means companies can lose their investments in the event of a foreclosure or takeover.
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The key to developing an effective business-level strategy is to decide upon a competitive strategy in your marketplace. A decision maker can choose one of the following three generic business-level strategies: Low-cost leadership, Differentiation or Focus.
Based on your reading, answer the following question:
1) You are the owner of a new start up business that will be entering a vibrant but very competitive market on January 1st 2023. You believe that your product will revolutionize that marketplace as soon as it is launched.
2) Which of the three business-level strategies will you utilize? Tell me why?
As the owner of a new start-up business that will be entering a vibrant but very competitive market on January 1st 2023, I would utilize the differentiation strategy.
Low-Cost Leadership StrategyThe low-cost leadership strategy involves offering the lowest prices in the industry to attract customers. This strategy works best when economies of scale are achievable, and a firm can produce products at lower costs than competitors. However, it requires a huge market share, which is difficult for new firms to attain.
Focus StrategyThis strategy targets a niche market segment by providing specialized products or services to customers' unique needs. The focus strategy requires specialized expertise and skills, which are difficult for new firms to acquire. The approach is therefore unsuitable for start-up businesses that lack a solid reputation and customer base.
Differentiation StrategyThe differentiation strategy involves offering unique products or services to customers that are different from those provided by competitors. The differentiation strategy enables firms to charge premium prices, making it easier to recoup their investments in research and development. Firms using the differentiation strategy are able to develop customer loyalty and maintain a high market share, making it an ideal strategy for a new start-up business entering a competitive market.
However, differentiation requires a significant investment in research and development, which can be challenging for a start-up company with limited resources. Despite this challenge, the differentiation strategy is the best choice for a start-up business that wants to enter a competitive market by revolutionizing the marketplace. The differentiation strategy is ideal for firms that develop new products or innovative services that cannot be easily replicated by competitors.
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When the mortgage rates get high, the housing market will collapse, as fewer people will take loans for buying houses because of higher interest rates, and this will result in a
In addition to saving money, what are some other ways you can show financial responsibility?
Answer:
you could start a savings a acount or a 401k plan to help with future problems or you could save for a new car.
Explanation:
except as authorized by law, the dmv will not disclose personal information without your consent. this consent will apply to all registered owners within this transaction. do you consent to such a disclosure?
Legal consent or making decisions on behalf of individuals. It is up to you as the registered owner to determine whether you want to provide consent for the disclosure of your personal information.
It is important to carefully consider the potential risks and benefits of disclosing your personal information and to make an informed decision based on your own circumstances and needs.
If you have any concerns or questions about how your personal information will be used, you may want to consult with a legal or privacy expert before making a decision.
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Legal consent or making decisions on behalf of individuals. It is up to you as the registered owner to determine whether you want to provide consent for the disclosure of your personal information.
It is important to carefully consider the potential risks and benefits of disclosing your personal information and to make an informed decision based on your own circumstances and needs.
If you have any concerns or questions about how your personal information will be used, you may want to consult with a legal or privacy expert before making a decision.
Consent occurs when one person voluntarily agrees to the proposal or desires of another. It is a term of common speech, with specific definitions as used in such fields as the law, medicine, research, and sexual relationships. Consent as understood in specific contexts may differ from its everyday meaning. For example, a person with a mental disorder, a low mental age, or under the legal age of sexual consent may willingly engage in a sexual act that still fails to meet the legal threshold for consent as defined by applicable law.
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i forgot to pay my credit card bill one month. for how long will that payment information show up on my credit report?
If you missed a credit card payment, the late payment information may appear on your credit report for up to seven years.
This information can negatively impact your credit score and make it more difficult for you to secure loans or credit in the future. Typically, late payments are reported to credit bureaus after thirty days from the due date. Once reported, a late payment can remain on your credit report for up to seven years. It's essential to make timely payments and keep a low credit utilization ratio to maintain a good credit score.
If you have a history of on-time payments, consider contacting your credit card issuer to discuss the situation and request a waiver of any late fees or penalties.
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a granary allocates the cost of unprocessed wheat to the production of feed, flour, and starch. for the current period, unprocessed wheat was purchased for $300,000, and the following quantities of product and sales revenues were produced. product pounds price per pound feed 76,000 $ 1.50 flour 95,000 2.20 starch 38,000 1.50 how much of the $300,000 cost should be allocated to flour if the value basis is used?
$98,973.77 cost should be allocated to flour.
The computation of the amount allocated to the flour while using the value basis is shown below:
But before that first, we have to find out the total cost which is
Feed (76,000 × $1.50) = $114,000
Flour (95,000 × $2.20) = 209,500
Starch (38,000 × $1.50) = 57,000
So, the total price of the products will be $380,500
Now the allocated value is,
= 209,500 ÷ 380,500 × $300,000
= $165,177.398
We simply do the above calculations
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In which type of economy is a business owner most likely to benefit from free enterprise?
Answer:
Sole proprietorship
Explanation:
I’m not 100% sure but it’s a sole individual business
A bond currently sells for $1,170, which gives it a yield to maturity of 5%. Suppose that if the yield increases by 30 basis points, the price of the bond falls to $1,140. What is the duration of this bond
Answer:
8.53 years
Explanation:
Calculation for the duration of the bond
The first step is to calculate for Change in Bond Price
Change in Bond Price = -(30)/1,170
Change in Bond Price = -0.0256×100
Change in Bond Price =-2.56%
Second step is to find the Effective Duration
Effective duration = -0.0256/0.0030
Effective Duration = 8.53 years
Therefore the duration of this bond will be 8.53 years
if congress is worried about inflation, they might group of answer choices increase government spending and taxes decrease government spending and taxes increase government spending and decrease taxes decrease government spending and increase taxes
The correct option is D, If Congress is worried about inflation, they might decrease government spending and increase taxes.
Inflation occurs when the general price level of goods and services in an economy rises over time, which can erode the purchasing power of consumers and create uncertainty in the marketplace. When inflation is a concern, policymakers may take steps to reduce the amount of money flowing into the economy to try to slow down price increases.
One way to do this is to decrease government spending. This reduces the amount of money the government is injecting into the economy, which can help to moderate price increases. Additionally, Congress may choose to increase taxes, which can reduce the amount of disposable income available to consumers and businesses, further decreasing demand for goods and services and helping to control inflation.
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Complete Question: -
If congress is worried about inflation, they might
a. increase government spending and taxes
b. decrease government spending and taxes
c. increase government spending and decrease taxes
d. decrease government spending and increase taxes
What is the amount a business receives from the sale of an merchandise?
Selling price is the amount a business receives from the sale of an merchandise.
What is selling price?
The selling price, also known as the cost of goods sold, is the sum that customers pay to buy a good or service. It consists of the offering's value as well as a value that pays for the costs of selling the offering. The selling price is crucial for determining the amount of income a company must generate to make a predetermined profit margin. Additionally, companies and organizations frequently consider a number of variables when determining appropriate selling prices and may pose the following queries:
How much are consumers prepared to spend on a good or serviceWhat is a reasonable price that supports the objectives of sales and revenue?What should the price be in order to contend in the market?Learn more about selling price:
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if charlie's cherry soda generates $50,000 in profit on $200,000 in total revenue, what is the company's total cost?
To find the total cost of Charlie's Cherry Soda, we need to use the formula:
Total Revenue = Total Cost + Profit
Plugging in the given values, we get:
$200,000 = Total Cost + $50,000
Solving for Total Cost, we get:
Total Cost = $200,000 - $50,000
Total Cost = $150,000
Therefore, Charlie's Cherry Soda's total cost is $150,000.
The company's total cost is $150,000.this represents the expenses incurred by charlie's cherry soda in producing and selling their product, such as manufacturing costs, operating expenses, marketing expenses, and other associated costs.
to determine the company's total cost, we need to subtract the profit from the total revenue. in this case, charlie's cherry soda generates a profit of $50,000 on $200,000 in total revenue.
profit is calculated as the difference between total revenue and total cost. rearranging the formula, we have:
profit = total revenue - total cost
since we know the profit ($50,000) and the total revenue ($200,000), we can rearrange the formula to solve for the total cost:
total cost = total revenue - profit
plugging in the values, we have:
total cost = $200,000 - $50,000total cost = $150,000
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What is product positioning?
Answer:
Product positioning is a strategic exercise that defines where your product or service fits in the marketplace and why it is better than alternative solutions. The goal is to distill who your audience is, what they need, and how your product can uniquely help. Product positioning is the basis of your marketing story.
Explanation:
Determine the correct sequence of the following events from start to finish.
-The kitchen staff prepares the dishes.
-Fatima, the expediter,checks the order before the server picks them up.
-Lara then transmits the order to the kitchen
-Lara takes the order from the customer and notes down.
-Brian, the chef, estimates the time each dish will require for preparation
-Lara retrieves the order and delivers it to her customer
The correct sequence of the events from start to finish is:
-Lara takes the order from the customer and notes down.Lara then transmits the order to the kitchenBrian, the chef, estimates the time each dish will require for preparationThe kitchen staff prepares the dishes.Fatima, the expediter,checks the order before the server picks them up.Lara retrieves the order and delivers it to her customerWhat is the sequence of ordering food in a restaurant?The first thing that happens is that the waiter picks up the order from the customer and takes note of it. The order will then go to the kitchen where the chef will estimate how long the order will take to be prepared.
The expediter will then check the order when the meal is done but before the waiter picks it up. The waiter than delivers to the order.
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explain how anthropology contributes to public discussions and the creation of public policy with lawmakers, activists, corporations, and others regarding major environmental challenges.
Anthropology contributes to public discussions and policy-making with legislators, activists, corporations about environmental challenges by studying human influences on climate change.
What are anthropology's measures for sustainability?Through scientific studies and research on human beings and their activities, it is possible to identify situations of environmental imbalance caused by human activity, such as in relation to climate change, which are related to excessive consumption, deforestation and pollution.
Anthropology is extremely relevant to aid in the dissemination of information about facts that contribute to environmental imbalance, increasing public and private awareness of environmental issues capable of impacting the lives of all citizens.
Therefore, it is the duty of all social institutions and individuals to protect the environment, to use its resources consciously and ethically.
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Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account
Answer: stock are speculative
Explanation:
The option given that can incur speculative risk is option a. stocks.
What is speculative risk?The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.
Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.
Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.
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the problem with weakening or removing the forces restraining change is it ___.
The problem with weakening or removing the forces restraining change is that it allows for uncontrolled or unchecked change to occur.
When the forces restraining change are weakened or removed, there is a risk of destabilizing the existing system or structure. These restraining forces, such as regulations, policies, or established procedures, serve as checks and balances to ensure that change happens in a controlled and manageable manner. They help maintain stability, protect against potential risks or negative consequences, and provide a framework for guiding change.
Without these restraining forces, change can become chaotic, unpredictable, and disruptive. It may lead to unintended consequences, resistance from stakeholders, or a lack of direction and purpose. Therefore, it is important to carefully consider and manage the forces restraining change to ensure that change initiatives are successful and beneficial.
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Hot dogs come in packs of 10, while buns come in packs of eight. What are the least numbers of packs you should buy in order to have the same numbers of hot dogs and buns?.
Answer:
5 times because you keep multiplying till they are the same
Answer:5
Explanation:
your welcome
Jamie purchased a 50% general partnership interest in Partnership M for $40,000 in Year 1. To finance operations, Partnership M entered into a recourse debt agreement for $100,000 of which each partner is personally liable for half. Partnership M also entered into a nonrecourse debt agreement for $22,000, which is secured by partnership equipment. Jamie’s at-risk limitation on losses is:
Answer:
$90,000
Explanation:
Calculation to determine what Jamie’s at-risk limitation on losses is:
Using this formula
Risk limitation on losses=[Partnership M +(General partnership interest× Recourse debt agreement)]
Let plug in the formula
Risk limitation on losses= [$40,000 + (50% × $100,000)]
Risk limitation on losses=($40,000+$50,000)
Risk limitation on losses=$90,000
Therefore Jamie’s at-risk limitation on losses is:$90,000 and the reason why Jamie’s at-risk limitation on losses was the amount of $90,000 was because of his share of the recourse debt of the amount of $100,000 as well as the cash amount of $40,000 he invested.
How should you handle questions about past jobs and employers?
(I am being timed)
A)You should give a specific example of how you were mistreated on your last job and why you left.
B)You should take the opportunity to show your knowledge by pointing out what was wrong there.
C)You should be honest, but don't bring up negative issues. If you must, frame it as a lesson learned.
D)You should refuse to answer any questions about previous employers and jobs.
Answer: B
Explanation:
You should give a specific example of how you were mistreated on your last job and why you left. Therefore option B is correct.
What is Job?The term Jobbe or Worke (1550s), which meant "task, piece of work," gave rise to the word "job," which today is used to refer to a piece of work or anything that needs to be done.
Literary sources indicate that the phrase was first used in 1858 to refer to "a salaried, permanent position of employment." Printers began using the phrase as slang for "piece of work of miscellaneous class" around 1795. (handbills, posters, etc.).
People who have received specialized training for particular occupations are either-
These are manual tasks in the trade. Carpenters, auto mechanics, hairdressers, and bakers are a few examples. Other trades include those for butchers, plumbers, and arborists.
- Profession: A university degree is required for this type of employment. Lawyers, physicians, dentists, architects, librarians, engineers, and pharmacists are a few examples. Teachers, university professors, scientists, physicists, and geologists are all occupations.
Therefore option B is correct.
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Under the federal Bankruptcy Code, the exemption amount for the debtor's personal residence is: a) 21,625 (20,200) b) 37,100 c) unlimited d) 50,000.
Under the federal Bankruptcy Code, the exemption amount for the debtor's personal residence is unlimited.
The Bankruptcy Code provides exemptions that allow debtors to keep certain assets, such as a personal residence, from being sold to pay off their creditors. The federal exemption for a debtor's personal residence is unlimited, meaning that the debtor can keep their home in bankruptcy as long as they continue to make payments on their mortgage. However, some states have their own bankruptcy laws and exemption amounts, which may differ from the federal exemptions. Debtors must choose between the federal exemptions and their state's exemptions when filing for bankruptc
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the creation of a television plot line around a particular brand is called
The creation of a television plot line around a particular brand is called Product placement or brand integration.
Product placement or brand integration is the practice of incorporating a specific brand or product into the storyline of a television show or other media content. It is a form of advertising where the brand is seamlessly integrated into the narrative, often through visual or verbal cues. The purpose is to create brand awareness, increase visibility, and generate positive associations with the brand among the viewers. By featuring the brand prominently within the plot, it allows for subtle or overt promotion, influencing consumer perceptions and potentially driving sales or brand loyalty.
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