Answer:
1. Stock Dividend
Number of outstanding shares A $1,550
Stock dividend percentage B 4%
Numbers of shares to be issued C=A*B $62
Market value per share D $34
Value of Stock dividend E=C*D $2,108
Amount paid in cash for fractional shares F $102
Value of shares issued E-F $2,006
2. General Journal Debit Credit
Retained Earnings $2,108
Common Stock $59
Paid-in Capital - excess in par $1,947
Cash $102
(To record distribution of the stock dividend)
You form an alliance with a group of your coworkers at the office and agree that you will only discuss group-related matters at 1pm on Wednesdays. This is an example of a:
a. Group decision
b. Group dynamic
c. Group cohesiveness measure
d. Group Norm
Answer:
d. Group Norm
Explanation:
Group Norms are informal rules that generally discourage behaviors that impede the efficacy of a group and and encourage the group to work efficiently.
They are regulations that groups adopt that ensure some form of order and they are also a reflection of the expectation of members of the group should interact and work.
Here, agreeing that members of the group will only discuss group-related matters at 1pm on Wednesdays is an example of a Group Norm because;
1. It is an unwritten rule
2. It is majorly to ensure that order is maintained so that the purpose of the group remains undefeated.
Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:
Inventories January 1 January 31
Materials...........................$180,000.....................$145,500
Work in process....................334,600.....................290,700
Finished goods.....................675,000.....................715,000
Direct labor.........................................................$2,260,000
Materials purchased during January....................1,375,000
Factory overhead incurred during January:
Indirect labor......................................................115,000
Machinery depreciation.......................................90,000
Heat, light, and power.........................................55,000
Supplies..............................................................18,500
Property taxes.....................................................10,000
Miscellaneous costs............................................33,100
a. Prepare a cost of goods manufactured statement for January.
b. Determine the cost of goods sold for January.
Answer and Explanation:
a. The preparation of the cost of goods manufactured statement for January is presented below:
Diskan Manufacturing Company
Statement of Cost of Goods Manufactured
For the month ended January 31
Work In Progress Inventory, January 1 $334,600
Direct Material:
Material Inventory, Jan 01 $180,000
Add; Purchases during January $1,375,000
Cost of Materials available for use $1,555,000
Less; Material Inventory, Jan 31 (Ending Inventoy) $145,500
Cost of Direct Materials used in Production $1,409,500
Direct Labor $2,260,000
Factory Overhead:
Indirect Labor $115,000
Machinery depreciation $90,000
Heat, Light and Power $55,000
Supplies $18,500
Property Taxes $10,000
Miscelleneous Costs $33,100
Total Factory Overhead $321,600
Total Manufacturing Cost Incurred during January $3,991,100
Total Manufacturing Costs $4,325,700
Less: Work In Progress Inventory, January 31 $290,700
Cost of Goods Manufatured $4,035,000
b. The cost of goods sold is
= Opening balance of finished goods inventory + cost of goods manufactured - ending balance of finished goods inventory
= $675,000 + $4,035,000 - $715,000
= $3,995,000
The Least used communication
channel in an organization is usually
Select one:
a. Horizontal
b. Downward
c. Diagonal
d. Upward
= Horizontal
Which of the following situations generally exists when disinflation occurs?
Select one:
a. the rate of inflation is falling from 5% to 3%
b. the rate of inflation falling from 3% to -2%
c. 3% decrease in inflation and 2% fall in unemployment rate
d. 5% increase in inflation and 3%
increase in unemployment rate
= the rate of inflation is falling from 5% to 3%
Answer:
d. 5% increase in inflation and 3% increase in unemployment rate
Explanation:
Disinflation is a term that describes the slowing down of the rate of inflation. Disinflation will occur when inflation was rising at a high rate, and then it starts to rise at a decreasing rate. Disinflation may be a result of contractionary measures.
Disinflation is a positive situation in the economy because it represents a corrective measure. Inflation was rising at a high rate but has since started to slow down. Disinflation is different from deflation, which is a negative inflation rate. Inflation slowing from 5% to 3% is disinflation.
Mullineaux Corporation has a target capital structure of 60 percent common stock, 5 percent preferred stock, and 35 percent debt. Its cost of equity is 12 percent, the cost of preferred stock is 5 percent, and the pretax cost of debt is 7 percent. The relevant tax rate is 35 percent.
a. What is Mullineaux's WACC?
b. The companies president has approached you about Mullineaux's capital structure. He wants to know why the company doesn't use more preferred stock financing because it costs less than debt. What would you tell the president?
Answer:
a. Mullineaux's WACC = 0.60*12 + 0.05*5 + 0.35*7*(1 - 0.35)
WACC = 7.2 + 0.25 + 0.35*7*0.65
WACC = 7.2 + 0.25 + 1.5925
WACC = 9.0425%
WACC = 9.04%
b. After tax cost of debt = 7*(1 - 0.35)
After tax cost of debt = 7*0.65
After tax cost of debt = 4.55%
So since after tax cost of debt of 4.55% is less than the preferred cost of 5%, company should use debt in its capital structure.
Validity in interviews is strengthened by the following EXCEPT:
Select one:
a. Prompting respondents to expand on initial responses
b. Building rapport with interviewees
c. Multiple questions cover the same theme
o
d. Constructing interview schedules that contain themes drawn from the literature
Answer:
c. Multiple questions cover the same theme
Explanation:
Interview validity is a measure of how specific interview questions are in tandem with the expected competence required.
Validity in interviews is strengthened by the following;
I. Prompting respondents to expand on initial responses.
II. Building rapport with interviewees.
III. Constructing interview schedules that contain themes drawn from the literature.
Generally, broadcast news and text-based news comprises of the following features;
A. Interviews with eyewitnesses: it involves locating people who are a witness to an event and interviewing them directly.
B. Statements by officials: this involves seeking and providing official press statements from various establishments.
What is my GPA if you have 5 A's and 1 F
Answer:
Honesly I don't really now but I could probobly find out
What can a speaker do to ensure that they are respectful of their audience, especially when speaking to a skeptical audience or an audience that has different values than their own? What considerations should a speaker take if they are presenting a topic that is new to the audience?
Answer:
Be Honest and Avoid Plagiarism. Credible public speakers are open and honest with their audiences. Identify Your Sources. Decide When to Cite. Cite Sources Properly. Understand Paraphrasing and Direct Quotations. Develop Accurate Citations. Set Responsible Speech Goals. Promote Diversity.
Why is a spending plan an important part of financial planning? Choose all that are correct. а b C Helps to manage your money in a positive manner Helps to set and reach goals Tells you what your net worth is Helps to analyze the opportunity costs of your trade-offs to maximize financial well-being Can help to Increase net worth
Answer:
- Helps to manage your money in a positive manner.
- Helps to analyze the opportunity costs of your trade-offs to maximize financial well-being.
- Can help to increase net worth.
Explanation:
Having a Spending plan is very crucial to ensure that you have a sufficient amount of money every time in order to use it in time of need or emergency. It helps in keeping control and management of the money you spend which promotes a managed financial future. This further enhances your net worth as an individual by preventing unnecessary expenses and also assist in attaining financial goals more effectively and efficiently.
Suppose you are conducting an analysis of the financial performance of Green Caterpillar Garden Supplies Inc. over the past three years. The company did not issue new shares during these three years and has faced some operational difficulties. The company has thus pilot tested some new forecasting strategies for better operations management. You have collected the company's relevant financial data, made reasonable assumptions based on the information available, and calculated the following ratios.
Ratios Calculated
Year 1 Year 2 Year 3
Price-to-cash-flow 6.20 8.06 9.03
Inventory turnover 12.40 14.88 16.67
Debt-to-equity 0.30 0.32 0.38
Based on the preceding information, your calculations, and your assumptions, which of the following statements can be included in your analysis report?
A. The company's creditworthiness has improved over these three years as evidenced by the increase in its debt-to-equity ratio over time.
B. The market value of Green Caterpillar Garden Supplies Inc.'s common shares declined over the three years.
C. A plausible reason why Green Caterpillar Garden Supplies Inc.'s price-to-cash-flow ratio has increased is that investors expect higher cash flow per share in the future.
. An improvement in the inventory turnover ratio could likely be explained by the new sales-forecasting strategies that led to better inventory management.
Answer:
The answer "Option C and Option D".
Explanation:
In Option A, This statement doesn't apply because its rise throughout the debt ratio contributes to a reduction in financial health. In Option B, This statement doesn't apply because the industry value of the stock could not be assumed to decrease. In Option C, This statement applies because the price-to-cash flows increase might be due to shareholders anticipating additional cash flow for each stock. In Option D, This statement is applicable because its increasing inventory selling ratio reflects the enhanced inventory control.An economist will consider the sunk cost of a product line before recommending an improvement to the product. True or false
Answer:
false
Explanation:
During the year, the Senbet Discount Tire Company had gross sales of $1.14 million. The firm’s cost of goods sold and selling expenses were $533,000 and $223,000, respectively. The firm also had notes payable of $880,000. These notes carried an interest rate of 7 percent. Depreciation was $138,000. The firm’s tax rate was 35 percent.
What was the firm’s operating cash flow? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Round your answer to the nearest whole number, e.g., 32.)
Answer:
$319,460
Explanation:
Calculation for the firm’s operating cash flow
First step is to calculate EBIT and Taxes
Sales $1,140,000
Less Cost of goods sold 533,000
Less Selling costs 223,000
Less Depreciation 138,000
EBIT $246,000
Interest 61,600
(7%*$880,000)
Taxable income $184,400
(246,000-61,600)
TAXES 64,540
(35%*$184,400)
Now let calculate the firm’s operating cash flow using this formula
Operating cash flow = EBIT + Depreciation - Taxes
Let plug in the formula
Operating cash flow = $246,000 + $138,000 - $64,540
Operating cash flow = $319,460
Therefore the firm’s operating cash flow is $319,460
During 2021, its first year of operations, American Laminating Corporation reported an operating loss of $120 million for financial reporting and tax purposes. The enacted tax rate is 25%. In 2019, American reported a pretax accounting income of $40 million and applies a net operating loss carryforward up to 80% of taxable income. Which of the following is incorrect?
a. Income tax payable in 2018 is zero.
b. Net loss in 2018 is $79 million.
c. The deferred tax asset balance at the end of 2018 is $21 million.
d. The deferred tax asset balance decreases in 2019.
e. Income tax expense in 2019 is zero.
Answer: e. Income tax expense in 2019 is zero.
Explanation:
There will still be an income tax in 2019 so the above statement is incorrect.
American applies net operating loss carryforward up to 80% of taxable income which means that their taxable income is:
= 40,000,000 * ( 1 - 80%)
= $8,000,000
Income tax expense for 2019:
= 25% * 8,000,000
= $2,000,000
Congratulations! You just graduated with a degree in management. As you reflect on your school experience, you make a list of the reasons you were so efficient with your studies. Which of the following statements relate specifically to your efficiency?
a. Last year, you reviewed the course schedule to ensure you knew when to enroll in certain electives that are offered per year.
b. When registration opened for each term, you immediately registered for the classes you needed, especially the quickly.
c. Throughout your time in you chose electives that would provide you with a education, and based on easy you heard classes were.
d. After each semester, you asked your adviser to review your progress to ensure you remained on track for your anticipated graduation date.
Answer: After each semester, you asked your adviser to review your progress to ensure you remained on track for your anticipated graduation
Explanation:
Efficiency has to do with one's ability to achieve a particular goal while avoiding wastage. One who does something efficiently, does that particular thing sufficiently.
The option that relates to efficiency is option D "After each semester, you asked your adviser to review your progress to ensure you remained on track for your anticipated graduation date".
This brings about efficiency as one is on track to achieving a goal.
Manufacturing Income Statement, Statement of Cost of Goods Manufactured
Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December.
On Company Off Company
Materials inventory, December 1 $74,060 $96,280
Materials inventory, December 31 (a) 108,800
Materials purchased 188,110 (a)
Cost of direct materials used in production 198,480 (b)
Direct labor 279,210 216,630
Factory overhead 86,650 107,830
Total manufacturing costs incurred in December (b) 622,930
Total manufacturing costs 706,540 854,960
Work in process inventory, December 1 142,200 232,030
Work in process inventory, December 31 119,980 (c)
Cost of goods manufactured (c) 617,150
Finished goods inventory, December 1 125,160 107,830
Finished goods inventory, December 31 131,090 (d)
Sales 1,091,640 962,800
Cost of goods sold (d) 622,930
Gross profit (e) (e)
Operating expenses 142,200 (f)
Net income (f) 213,740
Required:
a. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers.
b. Prepare On Company's statement of cost of goods manufactured for December.
c. Prepare On Company's income statement for December.
Answer:
On company
a. $63,690
b. $564,340
c. 587,360
d. $622,930
e. $510,210
f. $368,010
Off company
Explanation:
On company
Statement of cost of goods manufactured for the month ended.
Raw materials at the beginning
$74,060
Add purchases
$188,110
Raw materials available
$262,170
Less Raw materials at close
($63,690)
Cost of raw materials used
$198,480
Add direct labor
$279,210
Prime cost
$477,690
Add factory overhead
$86,650
Manufacturing cost
$564,340
Add beginning work in process
$142,200
Less ending work in process
($119,180)
Cost of goods manufactured
$587,360
•Statement of cost of goods sold
Finished goods at the beginning
$125,160
Add cost of goods manufactured
$587,360
Cost of goods available for sale
$712,520
Less finished goods at end
($131,090)
Cost of goods sold
$581,430.
Off company
Statement of cost of goods manufactured for the month ended
Raw materials at the beginning
$96,280
Add purchases
$93,390
Raw materials available
$189,670
Less Raw materials at close
($108,800)
Cost of raw materials used
$298,470
Add direct labor
$216,630
Prime cost
$515,100
Add factory overhead
$107,830
Manufacturing cost
$622,930
Add beginning work in process
$232,030
Less ending work in process
($237,810)
Cost of goods manufactured
$617,150
•Statement of cost of goods sold
Finished goods at the beginning
$107,830
Add cost of goods manufactured
$617,150
Cost of goods available for sale
$724,980
Less finished goods at end
($102,050)
Cost of goods sold
$622,930
• On company
Income statement for the month ended
Sales
$1,091,640
Less cost of goods sold
($581,430)
Gross profit
$510,210
Less operating expenses
($142,200)
Net income
$368,010
Off company
Income statement for the month ended
Sales
Less cost of goods sold
Gross profit
Less operating expenses
Net income
Rodriguez Corporation issues 8,000 shares of its common stock for $208,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.
a. The stock has a $14 par value.
b. The stock has neither par nor stated value.
c. The stock has a $7 stated value.
Answer:
A. Dr Cash $208,800
Cr Common stock, $14 par value $112,000
Cr Paid-in capital in excess of par value,common stock $96,800
B. Dr Cash $208,800
Cr Common stock, no-par value $208,800
C. Dr Cash $208,800
Cr Common stock, $7stated value $56,000
Cr Paid-in capital in excess of statedvalue, common stock$152,800
Explanation:
Preparation of Journal entries
a. The stock has a $14 par value.
Dr Cash $208,800
Cr Common stock, $14 par value $112,000
($14 par value*8,000 shares)
Cr Paid-in capital in excess of par value,common stock $96,800
($208,800-$112,000)
b. The stock has neither par nor stated value.
Dr Cash $208,800
Cr Common stock, no-par value $208,800
c. The stock has a $7 stated value.
Dr Cash $208,800
Cr Common stock, $7stated value $56,000
($7 par value*8,000 shares)
Cr Paid-in capital in excess of statedvalue, common stock$152,800
($208,800-$56,000)
What is the purpose of preserving historical data?
A.
legal compliance
B.
recruitment
C.
leave sanctions
D.
payroll
Answer:
What is the purpose of preserving historical data?
A.legal compliance
The difference between indirect tax and subsidy is known as:
Select one:
a. Net Indirect Tax
b. Depreciation
c. Capital consumption allowances
d. Net Factor Income from Abroad
= Net Indirect Tax
Answer:
A. Net Indirect Tax
Explanation:
Net Indirect Tax is the difference between the Indirect tax and subsidy. To find out Market Prices (MP), indirect taxes are added and subsidies are subtracted from Factor Cost (FC) as explained above. In short, MP includes net indirect tax whereas FC does not.
Answer:
Net indirect tax is the difference
If the equipment account has a balance of INR. 22,50,000 and the accumulated depreciation
account has a balance of INR. 14,00,000, the book value of the equipment is
Select one:
O a. 8,50,000
O b. 17,00,000
O c. 14,00,000
O d. 36,50,000
Answer:
a. 8,50,000
Explanation:
Account balance INR, 22, 50,000
Accumulated depreciation INR. 14,00,000
The book value is the difference between the account balance and the accumulated depreciation
= INR, 22,50,000 - INR. 14,00,000
=INR, 8,50,000
Real and nominal income is calculated respectively at----
Select one:
a. Current price and current price
b. Constant price and Constant price
c. Current price and Constant Price
d. Constant price and Current price
= Constant price and Current price
Answer: Constant price and Current price
Explanation:
Real income and nominal income is calculated respectively at the constant price and the current price.
The constant prices has to do with the real values that has taken inflation into consideration. They are typically in real value.
The current prices are the prices of goods and services at a particular point in time. Current prices are typically in nominal value.
Therefore, the answer is option D.
You currently purchase a part used in your production process from an outside supplier, and have decided to begin making this part in-house. You have two equipment options for moving production in-house: special-purpose equipment and general-purpose equipment. Cost information for these two options is as follows:
ALTERNATIVE
Special-Purpose Equipment
General-Purpose Equipment FIXED COST
$200,000 per year
$50,000 per ye ar VARIABLE COST
$15 per unit
$20 per unit
Use Scenario 2.6 to solve this mystery. At an annual requirement of 40,000 units, what does the company save per year by selecting the low-cost option?
a) $40,000
b) $50,000
c) $150,000
d) $300,000
Answer:
At an annual requirement of 40,000 units, selecting the low-cost option will save the company per year:
b) $50,000
Explanation:
a) Data and Calculations:
ALTERNATIVE FIXED COST VARIABLE COST
Special-Purpose Equipment $200,000 per year $15 per unit
General-Purpose Equipment $50,000 per year $20 per unit
Total Cost of Production for 40,000 units under the two alternatives:
ALTERNATIVE FIXED COST VARIABLE COST TOTAL COSTS
Special-Purpose $200,000 $600,000 ($15*40,000) $800,000
General-Purpose $50,000 $800,000 ($20*40,000) $850,000
b) The difference between the two alternatives in total costs is $50,000 ($850,000 - $800,000) with the low-cost alternative as the Special-Purpose Equipment.
Using the following routing information and a From-To Chart, determine the total flow efficiency of the parts assuming an alphabetical order. Give your results in terms of percentage, not as a decimal value, i.e., 54.3 as opposed to .543.
Part Order Relative Weighted Value
1 R E B D C A S 4
2 R A B C D E S 2
3 R C B D A E S 3
Answer:
hello your question is incomplete attached below is the complete question
answer: 28.12%
Explanation:
The first table is the allotting of relative weighted value in from to chart and also finding the Total.
The second table is found by multiplying 1-times cell distance in the upper 2-times with cell distance in lower triangular values.
Hence Flow efficiency = (Total / penalty ) * 100
= ( 36 / 128 ) * 100 = 28.12%
Centrum vitamins segments its line of vitamins based on gender and age group (e.g., one line of vitamins is for men over the age of 50). This is an example of market segmentation based on variables of
a. demographics.
b. lifestyles.
c. psychographics.
d. behavior.
e. personality characteristics.
Answer:
A
Explanation:
Segmentation is the division of people into certain groups based on shared characteristics.
In demographic segmentation, people are placed into groups based on age, gender, ethnicity and other demographic factors
The Oklahoma Department of Transportation (ODOT) is looking at the purchase of a new technology for asphalt paving of major highways. The new machine will cost $1,000,000 and is expected to provide a net revenue of $150,000 per year for 9 years. There is no salvage value for this machine. If MARR=10% per year, what is the exact IRR for this project?
A. 15.15%
B. 13.68%
C. 6.47%
D. 2.14%
Answer:
Option C (6.47%) is the right answer.
Explanation:
The given values are:
New machine's cost,
= $1,000,000
Net revenue,
= $150,000
Time,
= 9 years
MAAR,
= 10% per year
Now,
On taking, i = 5%
⇒ PW(5%) = [tex]-1,000,000 + 150,000(\frac{P}{A} , 5 \ percent, 9)[/tex]
= [tex]-1,000,000 + 1,066,200[/tex]
= [tex]66,200[/tex]
On taking, i = 10%
⇒ PW(10%) = [tex]-1,000,000 + 150,000(\frac{P}{A} , 10 \ percent, 9)[/tex]
= [tex]-1,000,000 + 863,85 0[/tex]
= [tex]-136,150[/tex]
By interpolation, we get
⇒ [tex]i=5 \ percent + [\frac{66,220-0}{(66,200-(-136,150)} ]\times (10 \ percent - 5 \ percent)[/tex]
⇒ [tex]=0.05 + (\frac{66,220}{202,350} )\times 0.05[/tex]
⇒ [tex]=0.0663[/tex]
i.e.,
⇒ [tex]= 6.63 \ percen t[/tex]
5) Clark Imports sold a depreciable plant asset for cash of $35,000. The accumulated
depreciation amounted to $70,000, and a loss of $5,000 was recognized on the sale. Under
these circumstances, the original cost of the asset must have been:
Answer:
$110,000
Explanation:
For depreciation, a loss or gain is realized by subtracting the selling price from the book value. Accumulated depreciation is the total amount that has been deducted as depreciation amount.
I.e., profit or loss = selling price - book value
In this case, a loss of $5000 was realized, the selling price was $35,000. The book value must have been $40,000.
$35,000 - $40,000 = - $5,000
The original cost will be the book value + depreciation amount
=$40,000 +$70,000
=$110,000
Suppose you are an economist for Mattel, manufacturer of the doll Barbie, which was making an unsolicited bid to take over Hasbro, manufacturer of the doll G.I. Joe.
a. Would you argue that the relevant market is dolls, preschool toys, or all toys including video games? Why?
1. You would want the regulatory boards to see more competition, so you would argue that the relevant market is all toys, which is as broad as possible. This would make it less likely that the merger would violate merger guidelines.
2. You would want the regulatory boards to see more competition, so you would argue that the relevant market is all toys, which is as narrow as possible. This would make it less likely that the merger would violate merger guidelines.
3. You would want the regulatory boards to see more competition, so you would argue that the relevant market is dolls, which is as narrow as possible. This would make it less likely that the merger would violate merger guidelines.
4. You would want the regulatory boards to see more competition, so you would argue that the relevant market is dolls, which is as broad as possible. This would make it less likely that the merger would violate merger guidelines.
b. Would your answer change if you were working for Hasbro?
1. You would want to use the narrowest definition of the market, which would be dolls. This would make it less likely that the merger would violate merger guidelines.
2. You would want to use the narrowest definition of the market, which would be dolls. This would make it more likely that the merger would violate merger guidelines.
3. You would want to use the broadest definition of the market, which would be all toys. This would make it more likely that the merger would violate merger guidelines.
4. You would want to use the narrowest definition of the market, which would be all toys. This would make it less likely that the merger would violate merger guidelines.
Answer:
a. 1. You would want the regulatory boards to see more competition, so you would argue that the relevant market is all toys, which is as broad as possible. This would make it less likely that the merger would violate merger guidelines.
b. 2. You would want to use the narrowest definition of the market, which would be dolls. This would make it more likely that the merger would violate merger guidelines.
Explanation:
a. In order to avoid anti-trust laws, it would be best that Mattel convinces the authorities that the relevant category is all toys not just a subsection. This will show that the toys made by the new company would have a lot of competition from other toy makers across the board which would reduce their chances of being a monopoly and violate merger guidelines.
b. As the bid is unsolicited, Hasbro might want to defend against it. In which case their strategy should be the exact opposite of that of Mattel and they should try to convince the regulatory boards that they would be in the narrowest of markets which would be dolls. This would mean that the merger has a strong chance of leading to a monopoly and would violate merger guidelines.
Equivalent units for the molding department totaled 18,600 during January for conversion costs. Fifteen thousand units were transferred out to the finishing department. If the items remaining in ending inventory are 40% complete as to conversion costs and 80% complete as to materials, how many physical units are in ending inventory?
Answer:
9,000 units
Explanation:
The 15,000 units transferred to the finishing department were 100% complete with respect to material and conversion cost. The balance 18,600 - 15,000 = 3,600 equivalent units are there at the ending inventory with respect to conversion cost. The ending inventory is 40% complete with respect to conversion cost. These equivalent units have been calculated as below:
=> Physical units in ending inventory * Degree of completion with respect to conversion cost = Equivalent units
Physical units * 40% = 3,600
Physical units = 3,600 / 40%
Physical units = 9,000 units
So, the Physical units in ending inventory is 9,000 units
Sample
is the number of people questioned for a survey.
Answer: could you add the picture of the survey
Explanation:
Suppose Kim purchases a new personal computer produced in China for $1,900. What is the effect on the components of GDP and GDP as a whole?
Instructions: If there is no impact on that component enter a O for $0. If there is a positive contribution to the component enter in a the whole dollar amount. If there is a negative contribution to the component enter a negative sign before the dollar amount. Be sure all boxes include a number.
Consumption _____$
Investment _______ $
Government Expenditures ________$
Net Exports _____ $
Change in GDP as a result of the transaction __________ $
Answer:
Consumption $ 1900
Investment 0
Government Expenditures 0
Net Exports -$ 1900
Change in GDP as a result of the transaction 0
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
The purchase of the laptop is part of durable consumption. So, consumption increases by $1900
The purchase of the laptop is not by a business or by the government. Investment and government expenditure remains unchanged.
The purchase of the laptop from China constitutes an import activity. Import increases. But import is a negative function of import, so net export decreases.
Total change in GDP = $1900 + 0 + 0 - $1900 = 0
Another factor influencing business ethics is _____, or what is fair according to prevailing standards of society.
Group of answer choices
equity
utilitarianism
validity
righteousness
justice
Answer: Justice.
Explanation: Justice is a moral principle that leads people to act in the correct way according to established laws. When speaking at the business level, justice seeks that people are paid in a reasonable way according to their functions, that there is no inequality, and that everyone can receive the treatment they deserve.