When a seller is located in Chicago and the buyer is located in Miami, FOB Miami means ownership of the goods pass to the buyer when the goods: A> arrive at the buyer's location in Miami B> when the shipment is still on the seller's loading dock C> leave Illinois D> are placed on a delivery truck in Chicago
Answers
FOB Miami means that ownership of the goods passes to the buyer when the goods arrive at the buyer's location in Miami.
FOB (Free On Board) is a shipping term that indicates when the responsibility for goods transfers from the seller to the buyer.
FOB Miami specifically indicates that ownership of the goods passes to the buyer when the goods arrive at the buyer's location in Miami.
This means that once the goods have reached Miami and are delivered to the buyer's specified location, the buyer assumes ownership and becomes responsible for the goods.
Options B, C, and D are not correct interpretations of FOB Miami. The FOB point is typically determined based on the agreed location specified in the sales contract.
In this case, since the FOB point is Miami, the seller's responsibility for the goods ends upon their arrival at the buyer's location in Miami.
The specific terms and conditions of the sales contract between the seller and buyer will define the exact details of the transfer of ownership and any associated obligations or risks.
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Related Questions
Libel is a defamatory or hurtful remark told about someone to others, and slander is when this remark or comment is broadcast over the TV, radio, printed in a publication, or forwarded to others on the Internet.
Answers
Answer:
This is false.
Explanation:
The statement in the question interchange the meanings of the two terms. The correct definitions are therefore given as follows:
Libel is can be described as a written or published false statement about another person that damages their reputation unjustly.
Slander refers a spoken false statement about another person that damages their reputation unjustly.
Based on the definitions above, the statement in the question can be correctly rewritten as follows:
Slander is a defamatory or hurtful remark told about someone to others, and libel is when this remark or comment is broadcast over the TV, radio, printed in a publication, or forwarded to others on the Internet.
Answer:
FALSE
Explanation:
i got it right
How to check your credit score without lowering it?.
Answers
To check your credit score without lowering it, you can follow these steps:
1. Request a free credit report: Under the Fair Credit Reporting Act (FCRA), you are entitled to one free credit report from each of the major credit bureaus (Equifax, Experian, and TransUnion) every 12 months. You can visit AnnualCreditReport.com to access your reports and review your credit history without impacting your credit score.
2. Use credit monitoring services: Several credit monitoring services offer access to your credit score without impacting it. These services often provide regular updates and alerts about changes in your credit report, helping you stay informed about your credit standing.
3. Utilize credit score simulators: Some financial institutions and credit bureaus provide credit score simulators that allow you to estimate how certain financial actions or decisions may impact your credit score. These simulators use hypothetical scenarios to give you an idea of how specific actions could affect your credit without actually pulling your credit report.
4. Consider soft credit inquiries: Soft credit inquiries, also known as soft pulls, do not impact your credit score. These inquiries are often used for pre-approval offers, background checks, or personal credit checks. When checking your own credit score or receiving pre-approved offers, ensure that it is a soft inquiry rather than a hard inquiry, which can affect your credit score.
It's important to note that while checking your credit score typically does not impact your score, applying for new credit, opening multiple accounts, or having frequent hard inquiries can lower your credit score. Therefore, it's advisable to limit the number of credit applications you make and be cautious about unnecessary credit inquiries.
By following these steps, you can check your credit score and monitor your credit health without causing any negative impact on your credit score. Regularly reviewing your credit report can help you identify errors, detect potential fraud, and maintain good financial health.
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Monopolistic competition is a market condition with which major feature
Answers
Answer:
O C. Different businesses compete to sell similar products.
Explanation:
Here are the options :
A. Many businesses freely produce the same product.
O B. Only one business controls an entire industry.
O C. Different businesses compete to sell similar products.
O D. A few huge businesses control an industry.
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
Monopolistic competitive firms engage in advertising for their products
An example of monopolistic competition are restaurants
Answer:
A is correct
Explanation:
different businesses compete to sell similar products
On March 1, 2021, Stratford Lighting issued 10% bonds, dated March 1, with a face amount of $690,000. The bonds sold for $678,000 and mature on February 28, 2041 (20 years). Interest is paid semiannually on August 31 and February 28. Stratford uses the straight-line method and its fiscal year ends December 31.
1. Prepare the journal entry to record the issuance of the bonds by Stratford Lighting on March 1, 2021
2. Prepare the journal entry to record interest on August 31, 2021
3. Prepare the journal entry to accrue interest on December 31, 2021.
4. Prepare the journal entry to record interest on February 28, 2022
Answers
Answer:
1. March 1, 2021
Dr Cash $678,000
Dr Discount on bonds payable $12,000
Cr Bonds payable $690,000
2. August 31, 2021
Dr Bond interest expense $34,800
Cr Discount on bonds payable $ 300
Cr Cash $34,500
3. December 31, 2021
Dr Bond interest expense $23,200
Cr Discount on bonds payable $200
Cr Bond interest payable $23,000
4. February 28, 2022
Dr Bond interest payable $23,000
Dr Bond interest expense $11,600
Cr Discount on bonds payable $100
Cr Cash $34,500
Explanation:
1. Preparation of the journal entry to record the issuance of the bonds by Stratford Lighting on March 1, 2021
Dr Cash $678,000
Dr Discount on bonds payable $12,000
($690,000-$678,000)
Cr Bonds payable $690,000
(Being to record issuance of the bonds is recorded)
2. Preparation of the journal entry to record interest on August 31, 2021
Dr Bond interest expense $34,800
Cr Discount on bonds payable $ 300 ($12,000/20*6/12 )
Cr Cash $34,500
($690,000 × 10% × 6/12)
(Being to record interest )
3. Preparation of the journal entry to accrue interest on December 31, 2021.
Dr Bond interest expense $23,200
($23,000+$200)
Cr Discount on bonds payable $200
($12,000/20 × 4 /12)
Cr Bond interest payable $23,000
($690,000* 10%× 4/12)
(Being to record accrue interest is recorded)
4. Preparation of the journal entry to record interest on February 28, 2022
Dr Bond interest payable $23,000
($690,000* 10%× 4/12)
Dr Bond interest expense $11,600
[($34,500+$100)-$23,000]
Cr Discount on bonds payable $100
($12,000/20*2/12)
Cr Cash $34,500
($690,000 × 10% × 6/12)
(Being to record interest is recorded)
Question: • Fred, Age 67 And Wilma, Age 58, Are Married. They Elect To File Married Filing....
Fred, age 67 and Wilma, age 58, are married. They elect to file Married Filing Jointly. • Fred is retired. He received Social Security benefits and a pension. • Fred and Wilma have one son, Stephen, age 18. Stephen is a full-time college student in his second year of study. He is pursuing a degree in Music and does not have a felony drug conviction. He received a Form 1098-T for 2021. Box 2 was not filled in and Box 7 was not checked on his Form 1098-T for the previous tax year. • Stephen spent the summer at home with his parents but lived in an apartment near campus during the school year. • Stephen received a scholarship and the terms require that it be used to pay tuition. Fred and Wilma paid the cost of Stephen’s tuition and course-related books in 2021 not covered by scholarship. They paid $90 for a parking sticker, $4,500 for a meal plan, $500 for textbooks purchased at the college bookstore, and $100 for access to an online textbook. • Fred and Wilma paid more than half the cost of maintaining a home and support for Stephen. • Fred and Wilma do not have enough deductions to itemize on their federal tax return. • The Joneses made timely estimated tax payments of $150 each quarter for tax year 2021. • The Joneses received a $4,200 Economic Impact Payment (EIP3) in 2021. • Fred, Wilma, and Stephen are U.S. citizens and have valid Social Security numbers. They all lived in the United States for the entire year.
14. What is the amount of Fred and Wilma’s standard deduction? $________.
15. What is Fred and Wilma’s total qualified education expenses used to calculate the American Opportunity Credit? _______________.
16. Fred and Wilma Jones can claim the Credit for Other Dependents. a. True b. False
17. What is the total amount of federal income tax withholding shown on the Fred Jones’ Form(s) W-2 and 1099? a. $2,700 b. $5,200 c. $6,100 d. $6,622
18. The taxable amount of Fred’s Social Security is $7,650.00 a. True b. False
19. Which of the following statements are true? a. Qualified dividends are part of the total ordinary dividends. b. Qualified dividends qualify for lower, long-term capital gains tax rates. c. Qualified dividends are reported on Form 1099-DIV. d. All of the above.
Answers
14. The amount of Fred and Wilma’s standard deduction is not provided in the question, as it depends on their filing status and other factors.
15. The total qualified education expenses used to calculate the American Opportunity Credit is not provided in the question.
16. The statement is False. Fred and Wilma cannot claim the Credit for Other Dependents for Stephen because he is their qualifying child.
17. The total amount of federal income tax withholding shown on the Fred Jones' Form(s) W-2 and 1099 is not provided in the question.
18. The given statement is False. The taxable amount of Fred's Social Security benefits may depend on his total income and filing status, but the specific amount is not provided in the question.
All of the statements (a, b, c) are true.
19. d. All of the above statements are true regarding qualified dividends. They are a type of ordinary dividend that meet certain criteria and therefore qualify for lower, long-term capital gains tax rates. They are reported on Form 1099-DIV along with other ordinary dividends.
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A cover letter does all of the following EXCEPT:
Sells you as the best candidate for the job
Introduces you and summarizes your resume
Explains why you don't meet every qualification of the job
Explains why you are interested in the job
Answers
A cover letter does not explain why we don't meet every qualification of the job. The correct option is c.
What is a cover letter?A cover letter can be understood as a written document which is submitted with a job application outlining the applicant's credentials and interest in the open position. A cover letter is often one of only two documents sent to a potential employer, therefore, a well or poorly-written letter can impact whether the applicant is called for an interview. A cover letter which is good complements the resume and explains why the candidate is the ideal person for the job.
Cover letter mistakes can sink a job applicant.
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the human resources department of a large corporation maintains records on its employees. data are maintained of the following variables: age, employment category, education, whether or not the employee participates in a wellness program, and paycheck benefit deductions. which of these variables are categorical
Answers
Employment category, education, and participation in a wellness program are the categorical variables in the given scenario.
In the given scenario, the categorical variables are those that represent distinct categories or groups. Based on the provided information, the categorical variables in the employee records are:
1. Employment category: This variable likely includes categories such as full-time, part-time, temporary, or contractor. It represents the type of employment arrangement.
2. Education: This variable typically includes categories such as high school diploma, bachelor's degree, master's degree, etc. It represents the level of education attained by the employee.
3. Participation in wellness program: This variable represents whether or not an employee participates in the company's wellness program. It is likely a binary variable with categories like "yes" or "no."
Other variables mentioned, such as age and paycheck benefit deductions, are not inherently categorical. Age is a numerical variable representing a person's age in years, and paycheck benefit deductions are likely numerical values representing specific deduction amounts.
It's important to note that the specific categorical variables may vary depending on the organization's record-keeping practices and the available data.
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Due to technological advances, individuals are able to buy and download music from the Internet as opposed to simply
buying music from a store.
Which statement describes an economic impact of this technological advance?
A)
Consumer demand for compact discs has increased.
B)
Consumer demand for compact discs has decreased.
The efficiency of downloading music has decreased.
D)
The number of stand alone music stores has increased
Answers
31. Richard’s adjusted gross income on his form 1040 is $__________?A. $41,500 B. $41,580 C. $41,600 D. $41,620
Answers
The correct option is B, Richard’s adjusted gross income on his Form 1040 is $41,580.
Gross income refers to the total amount of revenue earned by a company before any deductions or expenses are taken out. It is calculated by adding up all of the company's sales, services, and other forms of income. Gross income is an important metric for businesses because it provides a snapshot of their overall financial performance. It can be used to determine the company's ability to generate revenue and assess its profitability.
However, it's important to note that gross income doesn't take into account any deductions or expenses. To get a more accurate picture of a company's financial health, net income (which deducts all expenses from gross income) is a more useful metric. Gross income can also be used to calculate gross profit margin, which is the percentage of revenue that remains after subtracting the cost of goods sold. This metric can help businesses understand their pricing strategies and identify areas where they may be able to reduce costs or increase revenue.
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Question 2
If Langston chooses to attend the small college in his town, what should be considered part of the
opportunity cost of this decision? Select all that apply.
the bachelor's degree in logistics he would earn after four years
the $4,000 housing fee for each year he attends the large university
the extensive national network of successful alumni from the large university
the valuable independent living skills he would learn by living away from home
the time and expense of traveling to and from his hometown during holiday
breaks
C
A
B
C
D
E
T
Answers
If Langston chooses to attend the small college in his town, the opportunity cost would be:
the extensive national network of successful alumni from the large universitythe valuable independent living skills he would learn by living away from homeWhat is meant by opportunity cost?The phrase "opportunity cost" in economics refers to the advantages lost while selecting one alternative over another.
The word "opportunity cost" describes what you have to forgo in terms of other products or services in order to get what you desire. Typically, opportunity cost is what economists mean when they use the word "cost." In conversation or the news, the word "cost" is frequently employed.
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Jan's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200. The required journal entry to record the sale and the cost of the sale is: _________
a) debit Accounts Receivable $200; credit Sales $200;
b) debit Cost of Goods Sold $300; and credit Merchandise Inventory $300
c) debit Accounts Receivable $300; credit Sales $300;
d) debit Cost of Goods Sold $200; and credit Merchandise Inventory $200
e) debit Sales $300 and credit Cost of Goods Sold $300
f) debit Accounts Payable $300; and credit Sales $300
Answers
Answer: debt Accounts receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory $200
Explanation: see attachment for more help
The correct options are C and D respectively. The required journal entry to record the sale and the cost of the sale is debit Accounts Receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory $200.
What is the difference between accounts payable and accounts receivable?The terms "accounts payable" and "accounts receivable" refer to the same thing. Accounts receivables represent the money that customers owe your company, as opposed to Accounts Payables, which represent the money that your company owes to suppliers.
An's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200. The following are required journal entries to pass debit Accounts Receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory.
Thus, the proper answers are C and D, respectively.
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which is an example of internal secondary data for marketing research?
Answers
An example of internal secondary data for marketing research is sales reports.
Marketing research is the methodical and unbiased gathering, evaluation, and dissemination of information about a specific market or target audience in order to make better-informed business decisions. Marketing research can help companies comprehend their market, keep up with emerging trends and competitors, and develop marketing strategies that are tailored to their specific audience.The primary goal of marketing research is to enable businesses to make data-driven decisions by providing insights into customer needs and behaviors, market trends and competition, and overall market potential. It can be accomplished through a variety of research methods, including surveys, focus groups, observational studies, and experiments.
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Suppose the adult population in the country of Candora is 171 million. The number of adults in the labor force is 97 million, and the number of unemployed adults is 74 million. The labor force participation rate in Candora approximately equals _____.
Answers
Answer:
The labor force participation rate in Candora approximately equals 56.72%.
Explanation:
Given that the adult population of Candora is 171 million, of which 97 million are in the workforce and 74 million are unemployed, to obtain the percentage of participation in the workforce of said country we must carry out the following calculation:
171 = 100
97 = X
(97 x 100) / 171 = X
9700/171 = X
56.72 = X
Thus, the percentage of participation in the Candora workforce is 56.72% of the country's adult population, while the remaining 43.28% are unemployed.
Question 14 Not answered Marked out of \( 1.00 \) P Flag question What TWO things are defined by the Scrum Framework? Select one or more: a. Rules and roles b. Document guidelines c. Artefacts and eve
Answers
The Scrum Framework defines both the rules and roles involved in the Scrum process, as well as the artefacts and events used throughout the framework. Therefore, choice 5 i.e A & C is correct.
Scrum describes rules that guide the framework, such as master, product owner, and development team roles. Demonstrate responsibilities and interactions between these roles to ensure effective collaboration and project management.
Scrum defines specific artifacts such as product backlogs, sprint backlogs, and increments that are used to manage the product development process.
Which includes various events such as Sprint Planning, Daily Scrum, Sprint Review, and Sprint Retrospective to facilitate communication, feedback, and progress tracking within the Scrum framework.
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The complete question is:
What is defined by the Scrum Framework?
A) Rules & Roles
B) Document guidelines
C) Artifacts and events
Choice-1: A
Choice-2: B
Choice-3: C
Choice-4: A, B ,C
Choice-5: A, C
How do you feel about special treatment for preferred customers? Can a company go too far in rewarding them? Record your response in your journal.
Answers
I believe that companies should reward their preferred customers for their loyalty. However, I think that the company should be careful to not go too far in rewarding them. When companies give preferential treatment to certain customers, it can create animosity among customers who are not given the same advantage.
Companies should ensure that their reward systems are fair and transparent, so that customers know what they need to do in order to receive special treatment. Additionally, companies should make sure that the rewards they give out are not too extravagant, as it can cause customers to become too entitled. Companies should strive to make sure that all customers are given equal opportunities to receive rewards.
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100 points & brainliest.
Answers
Answer:
A
Explanation:
Answer:
the answer is the first option (A)
Explanation:
Describe ways in which a verbal/linguistic learner prefers to learn.
Answers
Answer:
People with verbal-linguistic learning styles learn best when taught using spoken or written materials. They prefer activities that are based on language reasoning rather than abstract visual information. ... They usually enjoy written projects, speech and drama classes, debate, language classes, and journalism.
Explanation:
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Mod 7.3: Between the beginning of the year and the end of the year, Peach Co.'s Retained Earnings increased. Which of the following is the best and most likely explanation for this increase.
- Peach Co's net income was greater than its dividends.
- Peach Co's net profit is less than its dividend.
- Its dividend is less than Peach Co.'s net profit.
- Its dividend is greater than Peach Co.'s net profit.
Answers
Between the beginning of the year and the end of the year, Peach Co.'s Retained Earnings increased. The "Peach Co's net income was greater than its dividends". The correct option is A.
The net income is the total income which gets from the sells, investment, and property rent.
The best and most likely explanation for the increase in Peach Co.'s Retained Earnings is that its net income was greater than its dividends. Retained Earnings is the portion of a company's net income that is not paid out as dividends to shareholders, but rather is kept within the company to reinvest in the business or to pay off debt.
If a company's net income is greater than its dividends, then the amount of money that is retained within the company will increase, resulting in an increase in Retained Earnings. Therefore, option A, "Peach Co's net income was greater than its dividends," is the correct answer.
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Why do you think special riders are necessary to cover jewelry, stamp collections, coin collections, and laptop computers?
Answers
Answer:
A special riders are necessary to cover jewelry, stamp collections, coin collections, and laptop computers is explained below in details.
Explanation:
Muslims dominate North Africa throughout the period of 1500 up to 1800. they created a block to prevent moreover European investigation from infiltrating Africa from the north. however, the Dutch were yet capable to progress via the inside with having south Africa as one of the roads heading to the east for exchanging with Asia.
Suppose a consumer can afford to buy 6 units of good 1 and 8 units of good 2 if she spends her entire income. The prices of the two goods are ₩6 and ₩ 8 respectively. How much is the consumer's income?
Answers
Current Attempt in Progress Sunland Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is $95. The required investment is $4,060,000. Unit sales are expected to be 348,000 and the minimum required rate of return on all investments is 15%. Compute the target cost per iron. (Round answer to 2 decimal places, e.g. 52.75.) Target cost $ per iron Crane and Associates, a consulting service, recently received a bill for repairs on its computer system totaling $1,870. Crane thinks it may have been overcharged and is trying to recreate the components of the bill. She knows the hourly rate is $62 and 15 hours of labor was charged. She also knows $574 of parts were replaced. Compute the material loading charge percentage the repair service used. (Round answer to 0 decimal places, e.g. 20\%.) Material loading charge percentage %
Answers
The target cost per iron is $80.75. The material loading charge percentage that the repair service used is 47.53%.
Target cost is referred to as the expected cost that is incurred during the manufacturing of a product that would enable the manufacturer to earn a specific amount of profit after the product is sold. Target cost is computed after identifying the price that the customer is willing to pay for the product. Then, the company subtracts its desired profit margin from the selling price.
The cost incurred in the production of the product is determined by subtracting the target profit margin from the selling price. The target cost per unit can be calculated using the following formula:Target cost per unit = Selling price – Desired profit margin Target cost per unit = $95 – (15% × $95) = $80.75 Therefore, the target cost per iron is $80.75.
Material loading charge percentage: Material loading charge percentage is a percentage that is added to the cost of materials used in the production of a product. It represents the indirect costs that are incurred in the manufacturing process.
The percentage is used to allocate indirect costs such as rent, electricity, and insurance, etc. to the products being produced.The material loading charge percentage can be calculated using the following formula:Material loading charge percentage = (Indirect costs ÷ Cost of materials) × 100Material loading charge percentage = (1870 – (62 × 15) – 574) ÷ 574 × 100
Material loading charge percentage = 47.53% (rounded to 0 decimal places) Therefore, the material loading charge percentage that the repair service used is 47.53%.
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what is the term for when businesses produce goods and services that consumers do not want
Answers
Answer:
Productive (technical) inefficiency.
Explanation:
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
Fritz company uses an activity-based costing (abc) system. the controller identified the following activity-based pools: manufacturing, purchase ordering, and setups with cost drivers of machine hours, number of purchase orders and number of setups, respectively. fritz estimated the following costs: $500,000 manufacturing, $80,000 setups, and $60,000 purchase ordering using 50,000 machine hours, 4,000 setups, and 20,000 purchase orders. what are the three abc rates
Answers
The three activity-based costing (ABC) rates for Fritz Company are $10 per machine hour for manufacturing, $20 per setup for setups, and $3 per purchase order for purchase ordering.
Activity-based costing (ABC) is a costing method that assigns costs to products or services based on the activities involved in their production or delivery. In this case, Fritz Company has identified three activity-based pools: manufacturing, purchase ordering, and setups.
To calculate the ABC rates, we need to divide the estimated costs of each activity-based pool by its respective cost driver. For manufacturing, the estimated cost is $500,000, and the cost driver is machine hours, which amounts to 50,000 hours. Dividing the cost by the driver gives us an ABC rate of $10 per machine hour for manufacturing.
For setups, the estimated cost is $80,000, and the cost driver is the number of setups, which is 4,000. Dividing the cost by the driver gives us an ABC rate of $20 per setup.
For purchase ordering, the estimated cost is $60,000, and the cost driver is the number of purchase orders, which is 20,000. Dividing the cost by the driver gives us an ABC rate of $3 per purchase order for purchase ordering.
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A jet engine has 10 components in series. The average reliability of each component is 0.998. What is the reliability of the engine?
Answers
Answer:
98%
Explanation:
RE = RC1 * RC2 * ....... * RC10:.RE = Reliabilility of the Engine & RC = Reliability of the Components
RE = 0.998 * 0.998 *........ * 0.998
RE = (0.998)^10
RE = 0.9802
RE = 98.02%
Thus, the Reliability of Engine is 98% approximately.
a company charting its profits notices that the relationship between the number of units sold, x, and the profit, p, is linear. if 190 units sold results in $1140 profit and 240 units sold results in $3940 profit, write the profit function for this company.
Answers
Profit function: p(x) = 20x + 150, where x represents the number of units sold and p(x) represents the corresponding profit.
To find the profit function, we need to determine the relationship between the number of units sold (x) and the profit (p). Given that the relationship is linear, we can express it in the form of a linear equation: p(x) = mx + b, where m is the slope (representing the rate of change of profit with respect to units sold) and b is the y-intercept (representing the fixed profit when no units are sold). Using the given data, we can calculate the slope (m) as the change in profit divided by the change in units sold: m = (3940 - 1140) / (240 - 190) = 2800 / 50 = 56. Next, we substitute one set of values (x, p) from the given data into the equation to solve for the y-intercept (b). Let's use (190, 1140): 1140 = 56(190) + b 1140 = 10640 + b b = 1140 - 10640 b = -9500.
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The ratio of the price of two goods on a graphed budget line is measured by its:.
Answers
There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.
What is a budget lineThis is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.
The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.
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QuickMovers limits the size of the packages it delivers to 75 pounds. This is
an example of what type of requirement?
O A. Internal
O B. Voluntary
O C. Government
O D. External
Answers
(If I’m right) mark as brainliest
Answer:
internal
Explanation:
i took the test
Over a period of years, Engineers' salaries have increased at a rate of 8.5% per year. If inflation has been 5.0% per year, what is the real, inflation-adjusted salary increase? a. 5.00% b. 3.68% c.3.50% d. 3.33%
Answers
Real, inflation-adjusted salary increase is d. 3.33%.
To calculate the real, inflation-adjusted salary increase, we need to take into account the difference between the salary increase rate and the inflation rate.
The real, inflation-adjusted salary increase can be calculated using the following formula:
Real Salary Increase = (1 + Salary Increase Rate) / (1 + Inflation Rate) - 1
In this case, the salary increase rate is 8.5% and the inflation rate is 5.0%. Plugging these values into the formula:
Real Salary Increase = (1 + 0.085) / (1 + 0.050) - 1
= 1.085 / 1.050 - 1
= 1.0333 - 1
= 0.0333
Multiplying the result by 100 to convert it into a percentage, the real, inflation-adjusted salary increase is approximately 3.33%.
Therefore, the correct answer is d. 3.33%.
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How does an improvement in productivity affect a business's profit margin?
A. It increases the profit margin by lowering costs.
B. It decreases the profit margin by lowering costs.
C. It decreases the profit margin by raising costs.
D. It increases the profit margin by raising costs.
Answers
Answer:
it increases the profit margin by lowering costs
Explanation:
An improvement in productivity affects a business's profit margin as it increases the profit margin by lowering costs. Thus, option A is correct.
What is the profit margin?Profitability is gauged by profit margin. Estimating the profit as a proportion of revenue is used to calculate it. Gross profit margin, operating profit margin, and net profit margin are the three different forms of profit margins. Gross profit is multiplied by net sales to determine the gross profit margin.
A company may produce more goods without increasing expenses by boosting productivity. Producing more opens up the possibility of increasing sales, which in turn might boost earnings. In addition to improving overall earnings, higher productivity can raise a company's profit margin.
The profit margin of a company is impacted by an increase in productivity since it lowers expenses and raises the profit margin. Therefore, choice A is correct.
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