2. Identify four skills that you will need to actively participate in meetings.​

Answers

Answer 1

Answer:

Particpating, having to ability to drink a lot of coffe, being energetic, concertrating.

Explanation:


Related Questions

What is the basic aim of the National Labor Relations Act?
A. Protecting workers' rights to organize and join a union
B. Requiring HR departments to engage in labor relations
C. Requiring employers to provide safe working conditions
D. Requiring employers to provide equal employment opportunity

Answers

Answer:

A - Protecting workers rights to organize and join a union

Explanation:

The general aim of the NLRA (National Labor Relations Act) was to protect workers from employers to revoke the rights of the employee to join or organize a union. Now, workers are able to freely join unions or organize them without being punished according to the NRLA.

Hope this helps.

Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. Using the values of cash flows and the number of periods, the valuation model is adjusted accordingly.
Assume that a $1,000,000 par value, semiannual coupon U.S. Treasury note with five years to maturity (YTM) has a coupon rate of 3%. The yield to maturity of the bond is 7.70%.
Using this information and ignoring the other involved, calculate the value of the Treasury note:
a) $509,016.47
b) $686,768.25
c) $969,555.18
d) $807,962.65.
Based on your calculations and understanding of semiannual coupon bonds, complete the following statement:
Assuming that interest rates remain constant, the T-note's price is expected to:___________.

Answers

Answer:

1.

Bond Price or Present value = $807962.6540 rounded off to $807962.65

Option d is the correct answer

2.

Assuming that interest rates remain constant, the T-note's price is expected to increase.

Explanation:

1.

To calculate the quote/price of the bond today, which is the present value of the bond, we will use the formula for the price of the bond. As the bond is a semi annual bond, the semi annual coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 1000000 * 0.03 * 6/12 = $15000

Total periods (n) = 5 * 2 = 10

r or YTM = 7.7% * 6/12  =  3.85% or 0.0385

The formula to calculate the price of the bonds today is attached.

Bond Price = 15000 * [( 1 - (1+0.0385)^-10) / 0.0385]  + 1000000 / (1+0.0385)^10

Bond Price or Present value = $807962.6540 rounded off to $807962.65

2.

Assuming the interest rates remain constant, the T-note's price is expected to increase as the T-note comes close to its maturity. The bonds that are issued at discount see an increase in price when interest rate remains constant and the time to their maturity decreases as they pay par value at maturity and discount is amortized.

The income statement, balance sheets, and additional information for Virtual Gaming Systems are provided. $2,510,000 2,500 2,512,500 VIRTUAL GAMING SYSTEMS Income Statement For the Year Ended December 31, 2021 Net sales Gain on sale of land Total revenues Expenses: Cost of goods sold $1,605,000 Operating expenses 606,000 Depreciation expense 24,000 Interest expense 25,000 Income tax expense 71,000 Total expenses Net income 2.331,000 $ 181,500 VIRTUAL GAMING SYSTEMS Balance Sheets December 31 2021 2020 $ 211,140 73,900 146,500 4,060 $ 154,980 89,000 136,000 6,220 Assets Current assets Cash Accounts receivable Inventory Prepaid rent Long-term assets Investments Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Interest payable Income tax payable Long-term Habilities Notes payable Stockholders' equity Common stock Retained earnings Total abilities and stockholders' equity 196.000 210,500 232,000 (229,500) $944,600 110,000 261,000 211,000 (205,500 $ 862,600 30,500 1,200 21,400 $ 89,000 3,100 24,500 226,000 247,000 361,000 280.500 310,000 210.000 $862.600 Additional Information for 2021: 1. Purchase additional investment in stocks for $86,000 2. Sell land costing $50,500 for $53,000, resulting in a $2,500 gain on sale of land. 3. Purchase $21,000 in equipment by issuing a $21.000 long-term note payable to the seller. No cash is exchanged in the transaction 4. Declare and pay a cash dividend of 5111,000. 5. Issue common stock for $51.000.
Required: Prepare the statement of cash flows for Virtual Gaming Systems using the direct method.

Answers

Answer:

Net Increase in cash = $56,160

Explanation:

Note: The data in this question are merged together, but see the attached pdf file for how the full question actually appear.

Note: See the attached excel file for the statement of cash flows for Virtual Gaming Systems using the direct method.

From the attached excel file, we have:

Net cash from operating activities = $149,160

Net cash from investing activities = -$33,000

Net cash from financing activities = -$60,000

Net Increase in cash = $149,160 - $33,000 - $60,000 = $56,160

Assume the following: The variable portion of the predetermined overhead rate is $1.50 per direct labor-hour. The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 44,000 hours. The total actual variable manufacturing overhead cost for the period was $63,000. The company produced 15,000 units of finished goods during the period. What is the variable overhead rate variance

Answers

math-way might be able to help!

Possibly

The variable overhead rate variance or  spending variance is 1500.

What is variable overhead rate variance?

The difference between the variable manufacturing overhead that actually occurred and the variable manufacturing overhead that was anticipated given the number of hours worked is known as the variable overhead rate variation or spending variance.

The term "variable overhead efficiency variance" refers to both the impact of the discrepancy between the actual manufacturing time and the projected manufacturing time. Variations in production efficiency are the cause of it.

Variable overhead efficiency variance= Standard overhead rate x (Actual hours - Standard hours)

Standard quantity= 3* 15,00

                              = 45,000 hours

Actual quantity= 44,000 hours

Standard rate= $1.50

Variable overhead variance= 1000* $1.50

                                                              = 1500

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A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. The city charges the team $100 each month for the three-month season. The team pays the players and manager a total of $1000 each month. The team charges $10 for each ticket, and the average customer spends $8 at the concession stand. Attendance averages 30 people at each home game.

The team earns $_________in revenue for each game and $_________ revenue each season. With total costs of $_________ each season, the team finishes the season with $_________ of profit.

Answers

Answer and Explanation:

The computation is shown below:

The revenue earned by team for each game is

= $10 + 50% of $8

= $10 + 4

= $14

Now the revenue for each session is

= $14 × 30 PEOPLE × 6 games

= $2,520

The total cost would be

= $100 × 3 + $1,000 × 3

= $300 + $3,000

= $3,300

And, the team would finished the season for profit of

= Revenue - cost

= $2,520 - $3,300

= $780 loss

describe the distorting effects of taxes to intrapreneurs​

Answers

Answer:

The higher the tax rate, the more capital is taken out of the hands of the entrepreneur and into the hands of the government. Therefore, many believe that higher tax rates leave entrepreneurs with less money to reinvest in their businesses, leading to less job creation.

Explanation:

https://smallbusiness.chron.com/tax-rates-affect-entrepreneurship-39006.html

The Postal Service is negotiating a new three-year agreement with two of its unions. One represents the clerks and one the mail carriers. The USPS negotiators are in two separate teams, one negotiating with each of the two unions. The two unions are not affiliated or legally tied to each other in any way, but they do talk informally. After both negotiations have concluded, the USPS management negotiators discovered that the clerk union and the carrier union were sharing information about what they were getting from management. For example, at the time that the clerk union was seeking to have management pay 50% of health insurance, the carrier union quietly told the clerk union that management had tentatively agreed to pay 55% for the carriers. Knowing this, the clerks decided to raise the demand to 55%, and were ultimately successful. The USPS is now considering a lawsuit or filing an Unfair Labor Practice for the unions sharing this information during the conduct of active negotiations, and voiding the 55% coverage of health care insurance that had been agreed to for the clerk union, arguing that it was negotiated based on illegally obtained information. Which of the following is most correct?
A. The actions of the clerk and carrier unions are not prohibited, and management does not have any recourse to recover damages nor to win an Unfair Labor Practice.
B. The actions of the clerk and carrier unions are not prohibited, and management cannot fire an Unfair Labor Practice. USPS can successfully sue both unions for damages related to the 55% paid for health care insurance for clerks.
C. This is an example of a lock-in agreement between the two unions and is prohibited by the NLRB.
D. All of the above are correct.

Answers

Answer: A. The actions of the clerk and carrier unions are not prohibited, and management does not have any recourse to recover damages nor to win an Unfair Labor Practice.

Explanation:

An unfair labor practice simply occurs when the National Labor Relations Act is being violated. Some if the unfair labor practice include when a worker is threatened when he or she files a ULP charge. Also, the refusal to negotiate with an agency in good faith etc.

In the scenario in the question, we should note that the actions of the clerk and the carrier unions are not prohibited, and then the management does not have any recourse to recover damages nor to win an Unfair Labor Practice.

Therefore, the correct option is A.

Define the term Agriculture​

Answers

Answer:

the science or practice of farming, including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities.

Explanation:

\ (•◡•) / Hey There!

Answer → Agriculture is the science or practice of farming, including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products.

✨Hope This Helps!✨

B. In a time study, an analyst observed a worker who prepared hamburgers at the Blimpy Burger restaurant. The recorded average time for the worker to make a hamburger was 4 minutes. Using the Westinghouse performance rating system, the analyst wrote these codes: Skill C1, Effort E1, Conditions D, Consistency B. Assume the following time allowances: personal allowance 4%, fatigue allowance 3%, unavoidable equipment delays 5%. What is the standard time to prepare a hamburger at the Blimpy Burger restaurant

Answers

Answer:

4 minutes and 42 seconds is the standard time.

Explanation:

We observe 4 minutes

The employee has the following factors:

Good Skill(C1)  + 0.06

Fair Effort(E1) - 0.04

Average Conditions: 0.00

Excellent Consistency: +0.03

Sum: 0.05

The worker is 5% above average

The allowance will be:

4% personal + 3% fatigue + 5% equipment = 12%

4.00 minutes x (1.05) x (1.12) = 4.704

We convert that in second: 0.704 x 60 = 42 seconds

4 minutes and 42 seconds is the standard time.

You own a portfolio that is composed of stocks and bonds. You decided to add a cryptocurrency to the portfolio. Four major cryptocurrencies are available in the market and they are BTC (Bitcoin), ETH (Ether), XRP (Ripple), and LTC (Litecoin). You are going to allocate 10 percent of the portfolio to only one of these cryptocurrencies. Before investing the funds in a cryptocurrency, you estimated the expected return of the overall portfolio and the standard deviation of returns of the portfolio. The Table shows you those numbers (ER means expected return; SD means the standard deviation of returns; RF stands for the risk-free rate of return).
RF = 3%.
Which combination will to select and why?
ER SD
Original Portfolio + BTC 18% 7%
Original Portfolio + ETH 21% 12%
Original Portfolio + XRP 34% 20%
Original Portfolio + LTC 15% 9%

Answers

Answer:

Original Portfolio + XRP 34% 20%.

Alana Company manufactures books. Manufacturing a book takes 10 units of A1 and 1 unit of A2. Scheduled production of books for the next two months is 1,000 and 1,200 units, respectively. Beginning inventory is 4,000 units of A1 and 30 units of A2. The ending inventory of A1 is planned to decrease 500 units in each of the next two months, and the A2 inventory is expected to increase 5 units in each of the next two months.
How many units of A1 does Alana Company expect to use in production during the second month?
A) 12,000 units
B) 12,500 units
C) 10,000 units
D) 10,750 units

Answers

Answer:

Direct material used (A1)= 12,500 units

Explanation:

To calculate the units of A1 used in the second month of production, we need to use the following formula:

Direct material used= beginning inventory + production - ending inventory

Beginning inventory= (4,000 - 500)= 3,500

Production= 10*1,200= 12,000

Ending inventory= (3,500 - 500)= 3,000

Direct material used (A1)= 3,500 + 12,000 - 3,000

Direct material used (A1)= 12,500 units

Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has a face value of $2,000 and the current date is April 19, 2018. Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s) IOU (IOU) 6 Apr 19, 2034 111.44 ?1,851 a. What is the yield to maturity of the bond?

Answers

Answer:

YTM = 4%

Explanation:

Company (Ticker) Coupon  Maturity   Last Price    Last Yield      EST Vol (000s)

IOU (IOU)                6       Apr 19, 2034  111.44              ?                     1,851

Determine the yield to maturity

YTM = Rate * 2

years to maturity = 2034 - 2018 = 16 years

NPER = 2 * 16 = 32

PMT = ( face value * coupon rate ) / 2 = ( 2000 * 6% ) / 2 = 60

price of coupon ( PV ) = 2000 * 111.44% = 2228.8

Rate = 2% ( excel function : RATE(32,60,-2228.8,2000)

hence YTM = 2% * 2 = 4%

Game theory assumes that: Group of answer choices firms anticipate rival firms' decisions when they make their own decisions. firms ignore rival firms' decisions when they make their own decisions. a firm will always follow the pricing strategy of the dominant firm in the industry. markets are contestable because there are no barriers to entry.

Answers

Answer:

firms anticipate rival firms' decisions when they make their own decisions.

Explanation:

Game theory assumes that firms anticipate rival firms' decisions when they make their own decisions. It is very important and necessary for understanding firms operating in an oligopolistic market.

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

This ultimately implies that, under the game theory, when firms makes a decision about their business, it is expected that they consider how the other firms would react to such decisions.

Cariboo Manufacturing Company incurred a joint cost of $1,147,000 in the production of X and Y in a joint process. Presently, 3,300 of X and 2,900 of Y are being produced each month. Management plans to decrease X's production by 1,050 units in order to increase the production of Y by 1,400 units. Additionally, this change will require minor modifications, which will add $79,360 to the joint cost. This cost is entirely attributable to product Y. What is the amount of the joint costs allocable to X and Y before changes to existing production, assuming Cariboo allocates their joint costs according to the proportion of Y and X produced

Answers

Answer: See explanation

Explanation:

The cost allocation rate will be:

= 1147000 / (3300 + 2900)

= 1147000 / 6200

= 185

Cost allocated to X = 185 × 3300 = 610500

Cost allocated to Y = 185 × 2900 = 536500

Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activities for June. The journal entry to record June sales is:____
Direct materials used $74,000
Direct labor used $136,100
Pre-determined overhead rate
(based on direct labor) 120%
Goods transferred to
finished goods $444,000
Cost of goods sold $456,000
Credit sales $831,600
A. Debit Accounts Receivable $831,600; credit Cost of Goods Sold $831,600.
B. Debit Accounts Receivable $831,600; credit Sales $375,600; credit Finished Goods Inventory $456,000.
C. Debit Cost of Goods Sold $456,000; credit Sales $456,000.
D. Debit Finished Goods Inventory $456,000; debit Sales $831,600; credit Accounts Receivable $831,600; credit Cost of Goods Sold $456,000.
D. Debit Accounts Receivable $831,600; credit Sales $831,600; debit Cost of Goods Sold $456,000; credit Finished Goods Inventory $456,000.

Answers

Answer: Debit Accounts Receivable $831600; credit Sales $831600; debit Cost of Goods Sold $456,000; credit Finished Goods Inventory $456,000.

Explanation:

Based on the information given, the journal entry to record June sale will be:

Debit Accounts Receivable $831,600;

Credit Sales $831,600;

Debit Cost of Goods Sold $456,000;

Credit Finished Goods Inventory $456,000.

Below are the simplified current and projected financial statements for Decker Enterprises. All of Decker's assets are operating assets. All of Decker's current liabilities are operating liabilities. Income statement Current Projected Sales na 1,500 Costs na 1,080 Profit before tax na 420 Taxes (25%) na 105 Net income na 315 Dividends na 95 Balance sheets Current Projected Current Projected Current assets 100 115 Current liabilities 70 81 Net fixed assets 1,200 1,440 Long-term debt 300 360 Common stock 500 500 Retained earnings 430 650 If Decker had a financing deficit, it could remedy the situation by a. borrowing from retained earnings b. borrowing on its line of credit c. paying down its long-term debt d. buying back common stock e. paying a special dividend

Answers

Answer:

Decker Enterprises

If Decker had a financing deficit, it could remedy the situation by

b. borrowing on its line of credit

Explanation:

a) Data and Calculations:

Income statement         Current    Projected

Sales                                  na             1,500

Costs                                 na             1,080

Profit before tax                na              420

Taxes (25%)                       na              105

Net income                        na              315

Dividends                           na               95

Balance sheets   Current  Projected                               Current  Projected

Current assets         100        115           Current liabilities        70            81

Net fixed assets   1,200     1,440           Long-term debt        300        360

                                                               Common stock        500        500

                                                               Retained earnings   430        650

Total assets         1,300     1,555            Liabilities + Equity 1,300       1,591

Shortfall in projected assets = $36 ($1,591 - $1,555)

b) A company cannot borrow from retained earnings to remedy a financing deficit because financial deficits require external financing from stockholders, debt holders, or financial institutions.  Ordinarily, options c, d, and e involve cash outflows.  They cannot finance a financial deficit.

You received a request to create an urgent presentation with predesigned and preinstalled elements. Which option will you use?
You will use the------------option to create an urgent presentation using predesigned and preinstalled elements.

Answers

Answer:

Template

Explanation:

A TEMPLATE can be seen as a document that has already been previously designed and formatted which enables a person or an individual to easily create his or her own presentation or a requested emergency presentation instead of starting to create the presentation from the beginning or from the scratch which will inturn help to save a lot of time thereby leading to efficiency.

Therefore based on the information given the option a person or an individual will you use to help create an urgent presentation is called TEMPLATE.

Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to undetectable materials defects. Inspection occurs when units are completed. Spoiled units generally constitute 3% of the good units. Data for December 2017 are as follows: WIP, beginning inventory 12/1/2017 17,600 units Direct materials (100% complete) Conversion costs (20% complete) Started during December 60,900 units Completed and transferred out 12/31/2017 58,200 units WIP, ending inventory 12/31/2017 18,000 units Direct materials (100% complete) Conversion costs (80% complete) Costs for December: WIP, beginning Inventory: Direct materials $183,600 Conversion costs 92,500 Direct materials added 269,280 Conversion costs added 352,800 Abnormal spoilage totals ________.

Answers

Answer:

554 units

Explanation:

Calculation to determine the Abnormal spoilage totals

Abnormal spoilage totals=[(17,600+ 60,900) - ( 58,200+18,000)]-3% x 58,200

Abnormal spoilage totals=[(78,500-76,200)-1,746]

Abnormal spoilage totals=2,300-1,746

Abnormal spoilage totals= 554 units

Therefore the Abnormal spoilage totals is 554 units

We've talked a lot about "fixed" and "variable" expenses. We've talked about the way these expenses impact your budget and your savings. We also talked about one big thing you can do about variable expenses that you cannot usually do about your fixed expenses. What was the big thing you can do?

Answers

Answer:c

Explanation:

at is Dantzler's horizon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. $ fill in the blank 2 million What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations. $ fill in the blank 3 million Suppose Dantzler has $119 million of debt and 5 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places. Write out your answer completely. For example, 0.00025 million should be entered as 250. $ fill in the blank 4

Answers

Answer:

a. Horizon Value = $856 million

b. Firm’s value today = Value of Firm = $641.61 million

c. Current Price per Share = $32.72

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFS) during the next 3 years, after which FCF is expected to grow at a constant 7% rate. Dantzler's WACC is 12%.

Year    FCF ($ millions)

0                    -

1                    -$18

2                    $25

3                    $40

a. What is Dantzler's horizon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. million

b. What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations. million

c. Suppose Dantzler has $20 million of debt and 19 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places. Write out your answer completely. For example, 0.00025 million should be entered as 250.

The explanation of the answers is now given as follows:

a. What is Dantzler's horizon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. million

Horizon Value = Year 3 FCF * (100% + Constant growth rate) / (WACC – Constant growth rate) = $40 * (100% + 7%) / (12% - 7%) = $856 million

b. What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations. million

Value of Firm = (Year 1 FCF /(100% + WACC)^1) + (Year 2 FCF / (100% + WACC)^2) + ((Year 3 FCF + Horizon value) / (100% + WACC)^3)

Value of Firm = (-18/(100%+12%)^1+(25/(100%+12%)^2)+((856+40)/(100%+12%)^3))

Value of Firm = $641.61 million

c. Suppose Dantzler has $20 million of debt and 19 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places. Write out your answer completely. For example, 0.00025 million should be entered as 250.

Current Price per Share = (Value of Firm – Debt) / Number of shares of stock outstanding = (641.61 - 20) / 19 = $32.72

A Parent Company owns 100 percent of its Subsidiary. During 2018, the Parent company reports net income (by itself, without any investment income from its Subsidiary) of $650,000 and the subsidiary reports net income of $260,000. The parent had a bond payable outstanding on January 1, 2018, with a carrying value equal to $546,000. The Subsidiary acquired the bond on January 1, 2018 for $513,500. During 2018, the Parent reported interest expense (related to the bond) of $45,500, while the Subsidiary reported interest income (related to the bond) of $41,600. What is consolidated net income for the year ended December 31, 2018

Answers

Answer:

$913,900

Explanation:

Calculation to determine the consolidated net income for the year ended December 31, 2018

Using this formula

Ending consolidated net income =(2018 Parent company net income+Subsidiary reports net income)+(Parent reported interest expense-Subsidiary reported interest income)

Let plug in the formula

Ending consolidated net income=( $650,000+ $260,000)+($45,500-$41,600

Ending consolidated net income= $650,000+ $260,000+ $3,900

Ending consolidated net income=$913,900

Therefore the consolidated net income for the year ended December 31, 2018 is $913,900

New shale gas deposits are found in North Dakota :
A. Long-run aggregate supply shifts.
B. Short-run aggregate supply shifts,
C. Both shift.
D. Neither shifts
Hot weather leads to lower crop yields in the Midwest.
A. long run agregate supply shifts.
B. Short-run agregate supply shifts.
C. Both shift
D. Neither shifts

Answers

Answer and Explanation:

When the deposits with respect to new shale gas found in north dakota so there would be the both shifts i.e. long run  aggregate supply and the short run aggregate supply

And on the other hand when the hot weather would lead to less crop in the midwest so there should be the shift in the short run aggregate supply

Therefore the same would be considered and relevant too

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company uses machine-hours as its measure of activity.
Standard Hours per Unit of Output 8.1 machine hours
Standard Variable Overhead Rate $14.30 per machine hour
The following data pertain to operations for the last month:
Actual Hours 1,700 machine hours
Actual Total Variable Overhead Cost $24,905
Actual Output 200 units
What is the variable overhead efficiency variance for the month?
a. $567 favourable.
b. $1,144 unfavourable.
c. $1,172 favourable.
d. $1,172 unfavourable.

Answers

Answer:

b. $1,144 unfavourable.

Explanation:

The computation of the  variable overhead efficiency variance is shown below:

= (Actual Hours - Standard Hours) × Standard rate per hour

=(1,700  - 8.1 × 200 units) × $14.30

= 80 × $14.30

= $1,144 unfavorable

hence, the variable overhead efficiency variance is $1,144 unfavorable

Therefore the option b is correct

Which of the following factors is likely to have a positive impact on the success of a TQM program? Check all that apply. Employees work at tasks that require high skills. Continuous improvement becomes a way of life. Managers expect to see dramatic innovations as a result of TQM. Employees use participation and teamwork to tackle significant problems.

Answers

The factors that will have positive impact on the success of a TQM program includes when:

Employees work at tasks that require high skillsTQM motivates employees and enriches jobs.

What is a TQM program?

This means a total quality management program and are asopted by management to achieve a long-term success through a consistent customer satisfaction.

When an employees work at tasks that require high skills and the program motivates employees and enriches jobs, this are factors that will impact positively on the success of a TQM program

Therefore, the Option A and D is correct.

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The following data were accumulated for use in reconciling the bank account of Nakajima Co. for July:
Cash balance according to the company's records at July 31, $18,410.
Cash balance according to the bank statement at July 31, $19,540.
Checks outstanding, $3,740.
Deposit in transit, not recorded by bank, $3,000.
A check for $270 issued in payment of an account was erroneously recorded in the check register as $720. Bank debit memo for service charges, $60.
A. Prepare a bank reconciliation.
B. If the balance sheet is prepared for Mathers Co. on July 31, what amount should be reported for cash?

Answers

Answer:

Part A

Nakajima Co

Bank reconciliation as at July 31

Balance as per Bank Statement               $19,540

Add Outstanding Lodgments                    $3,000

Less Unpresented Checks                       ($3,740)

Balance as per Cash Book                       $18,800

Part B

Amount to be reported as cash is $18,800

Explanation:

A Bank reconciliation statement is used to check the accuracy of the Cash Book balance.

The Updated Cash Book after the items that are in Bank Statement but not in Cash Book must always show the same amount as with the Bank Reconciliation Statement.

The following information is available for the pension plan of Concord Company for the year 2020.

Actual and expected return on plan assets $13,800
Benefits paid to retirees 38,400
Contributions (funding) 79,900
Interest/discount rate 10%
Prior service cost amortization 7,800
Projected benefit obligation, January 1, 2020 452,000
Service cost 54,700

Required:
Compute pension expense for the year 2020.

Answers

Answer:

$93,900

Explanation:

Computation for pension expense for the year 2020.

PENSION EXPENSE

Service cost $54,700

Interest cost $45,200

($452,000 * 0.10)

Less Actual return ($13,800)

Amortization of PSC $7,800

Pension expense $93,900

Therefore the pension expense for the year 2020 is $93,900

Restricted stock units (RSUs): Multiple Choice are a grant valued in terms of a set number of shares of company stock. are reported as a liability if payable in shares rather than cash. are recorded based on a value estimated by a restricted stock valuation model. represent shares issued at the date of grant that must be returned if the recipient fails to satisfy the vesting requirement.

Answers

Answer:

grant valued in terms of a set number of shares of company stock

Explanation:

A restricted stock unit (RSU) is a type of compensation (company shares) that is issued to an employee by an employer.

A restricted stock unit (RSU) is non-transferable.

RSU cannot be sold due to securities regulations laws and laws.

Restricted stock units (RSUs) grant valued in terms of a set number of shares of company stock.

Cioffi Manufacturing Company incorporates standards in its accounts and identifies variances at the time the manufacturing costs are incurred. Journalize the entries to record the following transactions:

a. Purchased 2,450 units of copper tubing on account at $52.00 per unit. The standard price is $48.50 per unit.
b. Used 1,900 units of copper tubing in the process of manufacturing 200 air conditioners. Ten units of copper tubing are required, at standard, to produce one air conditioner.

Answers

Answer:

I would bet that it is A

Explanation:

Hope this helps

Onslow Co. purchased a used machine for $240,000 cash on January 2. On January 3, Onslow paid $8,000 to wire electricity to the machine and an additional $1,600 to secure it in place. The machine will be used for six years and have a $28,800 salvage value. Straight-line depreciation is used. On December 31, at the end of its fifth year in operations.

Requried:
Prepare journal entries to record the machine’s disposal under each separate situation: (a) it is sold for $24,500 cash; (b) it is sold for $98,000 cash; and (c) it is destroyed in a fire and the insurance company pays $35,000 cash to settle the loss claim.

Answers

Answer:

A Dec-31

Dr Cash 24,500

Dr Accumulated Depreciation 184,000

Dr Loss on Sale of Used Machine 41,100

Cr Machine 249,600

B. Dec-31

Dr Cash 98,000

Dr Accumulated Depreciation 1,84,000

Cr Profit on Sale of Used Machine 32,400

Cr Machine 249,600

C. Dec-31

Dr Cash 35,000

Dr Accumulated Depreciation 1,84,000

Dr Loss on Machine destroyed in Fire 30,600

Cr Machine 249,600

Explanation:

A. Preparation of the journal entries to record the machine’s disposal if it is sold for $24,500 cash

Dec-31

Dr Cash 24,500

Dr Accumulated Depreciation 184,000

Dr Loss on Sale of Used Machine 41,100

(249,600-24,500-184,000)

Cr Machine 249,600

(240,000+8,000+1,600)

B. Preparation of the journal entry to record the machine’s disposal if it is sold for $98,000 cash

Dec-31

Dr Cash 98,000

Dr Accumulated Depreciation 184,000

Cr Profit on Sale of Used Machine 32,400

(249,600-98,000-184,000)

Cr Machine 249,600

(240,000+8,000+1,600)

C. Preparation of the journal entry to record the machine’s disposal if it is destroyed in a fire and the insurance company pays $35,000 cash

Dec-31

Dr Cash 35,000

Dr Accumulated Depreciation 184,000

Dr Loss on Machine destroyed in Fire 30,600

(249,600-35,000-184,000)

Cr Machine 249,600

(240,000+8,000+1,600)

Working:

Cost of machine = 240,000+8,000+1,600

Cost of machine= $249,600

Depreciation (Straight-Line method) = Cost - Salvage / no of years

Depreciation= (249,600-28,800)/6 yr

Depreciation=$36,800

Accumulated Depreciation of 5 Years =($36,800*5)

Accumulated Depreciation of 5 Years =$184,000

To qualify for a debt consolidation loan, you must have some type of collateral that secures the payment of the debt.
a. True
b. False

Answers

true hope this helps
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