If Item A has annual fixed costs of $15,000 and variable costs of $0.20 per unit, the total costs come to 33,333 units.
What are costs defined?An expenditure is defined as such an outflow of funds or assets made to another person or business to cover the cost of a good or service. With Sum-up Invoices, you can make attractive invoices for nothing. An expenditure is a cost incurred by a business that is disbursed to suppliers or used to pay for services or products from other source.
Let the quantity be X.
Total cost = Total Fixed cost + Total variable cost
= Total Fixed cost + Variable cost per product * qty
Hence Total cost for project A = $ 15,000 + $ 0.20 X and
Total cost for project B = $ 5,000 + $ 0.50 X
Hence at equivalent operating qty, the total costs are equal
=> $ 15,000 + $ 0.20 X = $ 5,000 + $ 0.50 X
=> X = 33,333.33 or 33,333 units
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the federal government's demand for loanable funds is . if the budget deficit is expected to increase, the federal government's demand for loanable funds will . a. interest-elastic; increase b. interest-inelastic; increase c. interest-inelastic; decrease d. interest-elastic; decrease
The need for loanable funds is being expressed by the federal government. If a growing budget deficit is predicted, the federal government will need more loanable funds. growth in interest-elasticity.
The required details about loanable funds is mentioned in below paragraph.
The conventional method, which only predicated the interest rate on saving and investing, now includes bank credit thanks to the loanable funds concept. Due to the banking industry's capacity to generate credit out of thin air, the overall amount of credit available in an economy may exceed individual saving. The creation or destruction of fiat money and credit also affects saving and investment habits, as well as the equilibrium (or market) interest rate. The market interest rate will, if the banking sector increases credit, at least temporarily decrease.
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dressed in your best suit, you firmly shake the hand of a prospective new employer when introducing yourself, then maintain stiff posture and minimize direct eye contact during your interview. according to research, which nonverbal behaviors work better to win over this person?
You introduce yourself to a potential new employer while wearing your nicest suit, shake their hand firmly, and during the interview, keep a rigid posture and avoid making direct eye contact. It is easier to win them over by shaking their hands firmly and dressing professionally.
What are handshakes?A handshake is a widely practiced, quick welcome or farewell custom that involves two individuals grabbing each other's similar hands and, in most situations, briefly moving them up and down.
The traditions surrounding handshakes vary among civilizations.
The firmness of your handshake shouldn't be excessive.
Avoid squeezing or pinching the other person's palms.
The perfect handshake will be relaxed and match the other person's grasp pressure.
Therefore, you introduce yourself to a potential new employer while wearing your nicest suit, shake their hand firmly, and during the interview, keep a rigid posture and avoid making direct eye contact. It is easier to win them over by shaking their hands firmly and dressing professionally.
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according to the principle that one person's spending is another person's income, a decrease in spending by uruguayan tourists visiting u.s. landmarks decreases incomes in: please choose the correct answer from the following choices, and then select the submit answer button. answer choices the united states. uruguay. no place. washington, d.c., only.
According to the principle that one person's spending is another person's income: the reduction in spending by the unemployed workers will further lower incomes.
Income alludes to the cash that an individual or substance gets in return for their work or items. The pay might have various definitions relying upon the unique circumstance — for instance, tax collection, monetary bookkeeping, or financial examination.
For a great many people, pay implies their all out profit as wages and pay rates, the profit from their speculations, benefits dispersions, and different receipts. For organizations, pay implies the incomes from selling administrations, items, and any premium and profits got regarding their money records and holds connected with the business.
Market analysts have various definitions and approaches to estimating pay. Whether their examinations include profit, reserve funds, utilization, creation, public money, capital speculation, or other related points and subtopics, their idea of pay will compare to the reason for their exploration. While the proportion of pay on a large scale level is basic to cultural and strategy studies, people are more centred around their own and business pay.
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Complete Question -
During economic downturns the number of Americans without jobs increases. According to the principle that one person's spending is another person's income: _____________
which of the following is not a goal of lean operation? group of answer choices removal of unnecessary activities removal of in-transit inventory inspect all incoming shipments to ensure zero defects removal of in-plant inventory
Option D is correct. The following is not a goal of the JIT partnership - inspect all incoming shipments to ensure zero defects
`Just-in-time' is an administration reasoning and not a procedure. It initially alluded to the creation of merchandise to satisfy client needs precisely, in time, quality and amount, whether the 'client' is the last buyer of the item or another cycle further along the creation line. Just-in-time, or JIT, is a stock administration strategy wherein merchandise is gotten from providers just as they are required. The primary target of this strategy is to lessen stock holding expenses and increment stock turnover. Just-in-time requires cautiously arranging the whole production network and use of better programming altogether than doing the whole cycle till conveyance, which increments proficiency and disposes of the extension for mistakes as each interaction is checked.
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Complete Question -
Which of the following is NOT a goal of JIT partnerships?
A) removal of unnecessary activities
B) removal of in-plant inventory
C) removal of in-transit inventory
D) inspect all incoming shipments to ensure zero defects
E) All of the above are goals of JIT partnerships.
according to the diffusion of innovation theory, which strategy is recommended when rolling out a new information system to a group of innovators?
According to the diffusion of innovation theory, when rolling out a new information system to a group of innovators, the recommended strategy is to use a highly personalized and interactive approach.
This is because innovators are individuals who are highly interested in and motivated by new ideas and technologies, and they are often more likely to embrace change than others. To effectively reach this group, it is recommended to use early adopters or opinion leaders to help spread the word and build momentum. Innovators are also more likely to respond positively to highly technical and detailed information, so it is important to provide them with clear and specific information about the benefits of the new system and how it works. Overall, the key to successfully rolling out a new information system to innovators is to provide a highly personalized, interactive and technically detailed approach that emphasizes the benefits of the new system. By doing so, innovators are more likely to embrace the new system and help spread its adoption to others.
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all answers were generated using 1,000 trials and native excel functionality.) in preparing for the upcoming holiday season, fresh toy company (ftc) designed a new doll called the dougie that teaches children how to dance. the fixed cost to produce the doll is $100,000. the variable cost, which includes material, labor, and shipping costs, is $34 per doll. during the holiday selling season, ftc will sell the dolls for $42 each. if ftc overproduces the dolls, the excess dolls will be sold in january through a distributor who has agreed to pay ftc $10 per doll. demand for new toys during the holiday selling season is uncertain. the normal probability distribution with an average of 60,000 dolls and a standard deviation of 15,000 is assumed to be a good description of the demand. ftc has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. (a) create a what-if spreadsheet model using formulas that relate the values of production quantity, demand, sales, revenue from sales, amount of surplus, revenue from sales of surplus, total cost, and net profit. what is the profit when demand is equal to its average (60,000 units)? $ (b) modeling demand as a normal random variable with a mean of 60,000 and a standard deviation of 15,000, simulate the sales of the dougie doll using a production quantity of 60,000 units. what is the estimate of the average profit associated with the production quantity of 60,000 dolls? round your answer to the nearest dollar. $ how does this compare to the profit corresponding to the average demand (as computed in part (a))? the average profit from the simulation is - select your answer - the profit computed in part (a). (c) before making a final decision on the production quantity, management wants an analysis of a more aggressive 70,000-unit production quantity and a more conservative 50,000-unit production quantity. run your simulation with these two production quantities. what is the average profit associated with each? round your answers to the nearest dollar. when ordering 50,000 units, the average profit is approximately $ . when ordering 70,000 units, the average profit is approximately $ . (d) besides average profit, what other factors should ftc consider in determining a production quantity? compare the four production quantities (40,000; 50,000; 60,000; and 70,000) using all these factors. if required, round probability of a loss to three decimal places and probability of a shortage to two decimal places. round the other answers to the nearest dollar. production quantity average net profit profit standard deviation maximum net profit probability of a loss probability of a shortage 40,000 $ $ $ 50,000 $ $ $ 60,000 $ $ $ 70,000 $ $ $
The production quantity can vary depending on a number of factors, such as the company's production capacity, the availability of raw materials, the level of demand for the product, and the efficiency of the production process.
What is Production Quantity?Production quantity refers to the number of units of a product that a company produces within a given period of time, such as a day, a week, a month, or a year.
It is an important performance metric for manufacturing companies, as it helps them to evaluate the efficiency of their production processes and to determine how many units they are able to produce in a certain amount of time.
The solution is in the provided images.
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quarterly time-series data with a trend can be applied to models that assume stationary data by multiple choice using a moving average. averaging the data over time. taking the fourth difference of the original series. taking the first difference of the original series.
The correct answer is "taking the first difference of the original series."
Models that assume stationary data require the mean, variance, and autocovariance of the data to be constant over time. If a time series has a trend, then the mean of the series changes over time, violating the stationarity assumption.
One common method for removing a trend from a time series is to take the first difference of the series, which involves subtracting each observation from the previous observation. This can be done using a "first difference" transformation, which can help to remove the trend and make the series stationary.
A moving average approach can also be used to remove a trend from a time series, but this involves calculating a rolling average of the data, which may not be as effective as the first difference transformation.
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the manager of a farmer's market has 100 lb of grain that costs $1.70 per pound. how many pounds of meal costing $0.80 per pound should be mixed with the 100 lb of grain to produce a mixture that costs $1.10 per pound?
$680 pounds of grain must be mixed with 100 pounds of grain to make a mix of $1.10 per pound.
Let's start by assigning letters to represent unknowns.
x = number of pounds. 0.80 meals per pound.
Let us now put in words the cost equation that describes the combination of grain and flour components to produce the final blend.
Grain cost + meal cost = mix cost
Now come up with a cost term to solve the equation for the unknown (x).
Grain cost = (1.60)(350)
Meal cost = (0.80)(x)
Blend cost = (1.36)(x + 350)
Now let's plug the cost term into the word equation and solve for the unknown (x).
(1.60)(350) + (0.80)(x) = (1.36)(x + 350)
560 + 0.80x = 1.36x + 476
1.36x - 0.80x = 560 - 476
0.56x = 84
x = 84/0.56
x = 150 (pounds of meal
0.80 per pound)
Finally, you can use it to validate your answer by checking if the cost of the components is a mixed cost.
Grain cost = (1.60)(350) = $560
Meals = (0.80)(150) = $120
Blend cost = (1.36)(150 + 350) = (1.36)(500)
Blend cost = (1.36)(500) = $680
$560 + $120 = $680
$680 = $680 (component cost = mixed cost)
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an organization's obligation to maximize its positive impact and minimize its negative impact on society is known as
An organization's obligation to maximize its positive impact and minimize its negative impact on society is known as Social responsibility.
Social responsibility in economics refers to the concept that businesses and individuals have an ethical and moral obligation to act in the best interest of society as a whole, and not just their own self-interest. This responsibility includes creating products and services that are safe and beneficial to consumers, minimizing negative environmental impacts, promoting fair labor practices, and giving back to the community through philanthropic efforts.
In modern economics, the idea of social responsibility has gained increased importance, as consumers and stakeholders demand that businesses act more responsibly toward society and the environment. This trend has led to the rise of corporate social responsibility (CSR) initiatives, where businesses commit to environmental and social stewardship, and sustainable business practices.
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exercise 4-34 (algo) target costing and pricing (lo 4-3) whitmore glassware makes a variety of drinking glasses and mugs. the company's designers have discovered a market for a
The highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones is $31.68.
To calculate the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones, we need to first determine the desired profit margin and then subtract it from the target selling price.
The desired operating profit of Domingo is 20% of costs, which means that the profit margin is 20% of the selling price. We can calculate the profit margin as:
Profit Margin = 20% of Selling Price
= 20% x $39.60
= $7.92
The target selling price of the headphones is $39.60, so the manufacturing cost that Domingo can afford would be:
Manufacturing Cost = Target Selling Price - Desired Profit Margin
= $39.60 - $7.92
= $31.68
Therefore, the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones is $31.68.
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Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos Market research indicates that these headphones would sell well in the market priced at $39 60 each Domingo desires an operating profit of 20 percent of costs.
Required:
What is the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones?
What are the main advantages to a secured vs. unsecured loan?
Compared to unsecured loans, which do not require collateral, secured loans have lower interest rates and are simpler to get. Unsecured loans do not require any form of collateral in order to be obtained.
The major benefit of a secured loan is that its interest rate is often lower than that of an unsecured loan. This is so that the lender has something to take if the borrower defaults on the loan—collateral like a house or car—that the borrower supplies. In addition, secured loans are simpler to get for borrowers with bad credit histories. Loans that are not secured by collateral, on the other hand, are only determined by the borrower's creditworthiness. Although they often have higher interest rates and tighter credit standards, they are a useful choice for borrowers who lack collateral.
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After the adjusting entries have been completed, the adjusted balance in the Deferred Revenue __________
After the adjusting entries have been completed, the adjusted balance in the Deferred Revenue account represents: the amount of the sales or services still owed to the customer.
What do you mean by Deferred Revenue account?Deferred revenue is a liability account on a company's balance sheet that represents money received ahead of time for goods or services that have yet to be delivered or performed. It is also known as unearned revenue or deferred income. It occurs when a business receives payment from a customer but has yet to earn revenue by providing goods or services. The company owes the customer a performance obligation, and revenue cannot be recognised as earned until that obligation is met. The amt of deferred revenue is reduced as goods or services are provided, and the revenue is recognised as earned in the financial statements.
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total product cost and per-unit product cost slapshot company makes ice hockey sticks. last week, direct materials (wood, paint, kevlar, and resin) costing $26,000 were put into production. direct labor of $20,000 (10 workers x 100 hours x $20 per hour) was incurred. manufacturing overhead equaled $65,000. by the end of the week, the company had manufactured 10,000 hockey sticks. required: 1. calculate the total product cost for last week. fill in the blank 1 of 1$ 111,000 2. calculate the per-unit cost of one hockey stick that was produced last week. round your answer to the nearest cent. fill in the blank 1 of 1$ 11 per unit
Total product cost refers to the total cost incurred in the production of a specific quantity of goods or services, including direct materials, direct labour, and manufacturing overhead costs. This cost includes all expenses related to the production process, from the purchase of raw materials to the completion of the finished goods.
Per-unit cost, also known as unit cost, refers to the cost of producing one unit of a product. This cost is calculated by dividing the total product cost by the number of units produced. Per-unit cost is an essential metric for businesses because it helps determine the price at which a product must be sold to make a profit. It also helps businesses evaluate their pricing strategy, and production costs, and identify areas for cost reduction.
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How should the entries to a schedule of accounts payable be ordered?
OA. by date received
B. alphabetically by vendor name
C. by amount due from most to least
OD. by date due
Answer:
D. by date due
Explanation:
The entries to a schedule of accounts payable should be ordered by "date due" (Option D). This means that the accounts payable should be listed in the order of the due dates, with the earliest due date appearing first and the latest due date appearing last. This makes it easier for the person responsible for paying the bills to prioritize which bills to pay first and to ensure that bills are not missed or paid late due to disorganization.
Answer: by date received!
if you invested $6,060 on january 1, 2018 and the money earns 3% simple interest, how much interest will you have earned by december 31, 2020?
Interest will you have earned by December 31, 2020, is $545.4.
Amount Invested = $6,060
Simple interest rate = 3%
Period = 3 years
Total Simple interest = Amount Invested * Simple interest rate * Period
= $6,060 * 3% * 3
= $545.4
In finance and economics, a hobby is a charge from a borrower or deposit-taking monetary organization to a lender or depositor of an amount above reimbursement of the fundamental sum (that is, the quantity borrowed), at a selected price. it's far awesome from a price that the borrower can also moreover pay the lender or a few 1/3 birthday celebrations.
it is also awesome from a dividend that's paid with the aid of an enterprise to its shareholders (owners) from its earnings or reserve, however no longer at a selected charge decided ahead, as a substitute on a pro-rata foundation as a share within the praise gained by means of chance taking entrepreneurs when the revenue earned exceeds the overall charges. for example, a consumer would generally pay hobby to borrow from a financial institution, in order that they pay the bank an amount that's extra than the amount they borrowed; or a consumer may also earn hobby on their financial savings, and so they may withdraw extra than they in the beginning deposit. In the case of monetary savings, the consumer is the lender, and the financial institution performs the location of the borrower.
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which of the following statements is false? multiple choice investing cash flows include the cash flows associated with lending money to others. financing cash flows include the cash flows associated with issuing stock and paying dividends. financing cash flows include the cash flows associated with borrowing and repaying debt excluding short-term bank loans. investing cash flows include the cash flows associated with buying and selling noncurrent assets.
Investing cash flows include the cash flows associated with buying and selling noncurrent assets statements is false.
Which of the following statement of cash flows includes?The cash made by the company from operations, investments, and financing is included in the cash flow statement. This total is known as net cash flow. Cash flow from operations, which comprises transactions from all operational business activities, is the first section of the cash flow statement.
To assess the liquidity and solvency of the company, organisations should monitor and analyse three different types of cash flow: cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities. The cash flow statement of a corporation includes all three.
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the bradford company issued 12% bonds, dated january 1, with a face amount of $96 million on january 1, 2024. the bonds mature on december 31, 2033 (10 years). for bonds of similar risk and maturity, the market yield is 14%. interest is paid semiannually on june 30 and december 31. required: 1. determine the price of the bonds at january 1, 2024. 2. to 4. prepare the journal entries to record their issuance by the bradford company on january 1, 2024, interest on june 30, 2024 (at the effective rate) and interest on december 31, 2024 (at the effective rate). note: use tables, excel, or a financial calculator. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1)
To determine the price of the bonds at January 1, 2024, we need to calculate the present value of the future cash flows using the given market yield of 14%.
First, we need to determine the semi-annual coupon payment. The annual coupon payment is 12% of the face amount, which is $96 million x 12% = $11.52 million. The semi-annual coupon payment is $11.52 million / 2 = $5.76 million. We can use the following formula to calculate the present value of the bonds:
PV = (C / i) x [1 - (1 / (1 + i)^n)] + (F / (1 + i)^n)
Where:
PV = Present value of the bonds
C = Coupon payment
i = Market yield / 2 (semi-annual rate)
n = Number of periods
F = Face value of the bonds
Using the above formula, we can calculate the present value of the bonds:
PV = ($5.76m / 0.07) x [1 - (1 / (1 + 0.07)^20)] + ($96m / (1 + 0.07)^20) = $52,829,152.84
Therefore, the price of the bonds at January 1, 2024, is $52,829,152.84.
Journal entries:
To record issuance of bonds on January 1, 2024:
Cash $52,829,153
Bonds payable $52,829,153
Interest on June 30, 2024, with effective rate:
Interest expense $3,698,041.71
Bonds payable $2,062,078.29
Cash $1,635,963.42
Calculation of interest expense:
Carrying value of bonds at beginning of period = PV of future cash flows at issuance = $52,829,152.84
Effective interest rate = 14% / 2 = 7%
Interest expense = $52,829,152.84 x 7% = $3,698,041.71
Interest on December 31, 2024, with effective rate:
Interest expense $4,298,183.51
Bonds payable $2,062,078.29
Cash $2,236,105.22
Calculation of interest expense:
Interest expense = carrying value of bonds at beginning of period x effective interest rate
Carrying value of bonds at beginning of period = carrying value of bonds at end of June 30, 2024 = $50,766,074.55
Effective interest rate = 14% / 2 = 7%
Interest expense = $50,766,074.55 x 7% = $3,537,623.22
Interest expense for the period = $3,537,623.22 + $760,560.29 (amortization of discount) = $4,298,183.51
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true or false: assume a stock is currently trading at $50 per share. a momentum trader who wants to buy the stock if it breaks resistance at $52 should submit a limit order to buy at $52.
assume a stock is currently trading at $50 per share. a momentum trader who wants to buy the stock if it breaks resistance at $52 should submit a limit order to buy at $52. the statement is true.
Stocks are units of ownership in a company that represent a claim on part of the company's assets and earnings. When an individual buys a stock, they effectively become a partial owner of the company and are entitled to a portion of its profits. Stocks are traded on stock exchanges, such as the New York Stock Exchange (NYSE) and the NASDAQ, and their prices are determined by supply and demand. Companies issue stocks to raise capital for their operations, and individuals and institutions can purchase stocks as a form of investment. Owning stocks can be a way to build wealth over the long-term, but it also comes with the risk that the stock price may decrease.
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what event would most likely cause an increase in sales? a. decrease in price b. increase in price c. decrease in product quality d. increase in quantity produced
Decrease in price event would most likely cause an increase in sales. So the option a is correct.
Decrease in price event would most likely cause an increase in sales. This is because when prices are lower, consumers are more likely to purchase the product due to the lower cost. This can lead to an increase in sales as more consumers are tempted to buy the product.
Additionally, a decrease in price could attract more customers who previously may have been unable to afford the product at a higher price point.
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say that the market for soybeans is characterized by a large number of buyers and a great many small sellers, and that one soybean is essentially the same as another. what type of competition is described here?
Perfect competition is being described in the above market.
What is Perfect competition?According to economic theory, perfect competition arises when all businesses offer the same goods, the price is unaffected by market share, businesses can enter or quit the market without any obstacles, consumers have complete or perfect information, and businesses are unable to set prices. In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by a number of idealising conditions, which are referred to as perfect competition, or atomistic competition, as a whole. a marketing scenario in which there are several companies selling a single, undifferentiable product; as a result, no company has a substantial impact on price. Other current circumstances are the simplicity of new businesses entering the market and excellent market knowledge.
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ell company produces stainless steel drink tumblers, its only product. these tumblers are stamped with company logos and used as promotional items. following are simplified job cost sheets for two separate recently completed job lots. job 1 was for 250 units and job 2 was for 300 units. job number 1 250 units materials $ 775 labor 800 overhead 1,200 job number 2 300 units materials $ 900 labor 996 overhead 1,494 1-a. compute total cost per unit for job 1 and for job 2. 1-b. which job has a higher total cost per unit? 2-a. compute direct materials cost per unit for each job. 2-b. which job has a higher direct materials cost per unit?
The correct answer is Total cost per unit for Task 1 is equal to (Materials cost + Labor cost + Overhead cost)/Units. Job 1 required 250 units, whereas Job 2 required 300 units. 1-a. ...
The overall expense spent by employers to employ workers is represented by labour costs. They are frequently referred to as salary expenses since they indicate the cost of employing compensated labour. Direct labour costs include, for instance: An adjustment is made to the quality assurance inspector's hourly wage to reflect health insurance and short-term disability. the yearly pay for a welder who works on a production line for a business that makes steel parts. Direct and indirect (overhead) labour expenses are separated. While indirect costs are related to support labour, such as personnel who maintain industrial equipment, direct costs include pay for the employees who make a product, including those on an assembly line.
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19. the work breakdown structure is subdivided into smaller components called: a. work packages b. milestones c. deliverables d. tasks
The correct option is A, Work packages. A Work Breakdown Structure (WBS) is a tool used to break down a project into smaller, more manageable components. These components are called work packages and represent specific deliverables of the project.
Milestones are also included in the WBS and are used to measure progress and achievements throughout the project. Outputs are the products, services or results that the project produces and are usually the main focus. Finally, tasks are the individual activities that must be performed to complete each work package and deliverable.
Tasks are the smallest elements of the WBS and are usually assigned to a specific person or group. In a nutshell, a WBS is a tool used to break down a project into smaller components such as work packages, milestones, deliverables, and tasks so that it can be more effectively managed and organized.
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1. you own a $50,000 bond that pays no interest and matures in 20 years. (when a bond matures, the bond owner gets paid the bond face amount.) if the discount rate is 10%, what is the bond worth today?
If you own a $50,000 bond that pays no interest and matures in 20 years. Then the discount rate of 10% the bond is worth $7,440.48.
If the bond pays no interest, it is a zero-coupon bond. The present value of a zero-coupon bond is calculated as:
Present Value = Face Value / (1 + r)^n
where r is the discount rate and n is the number of years to maturity.
Plugging in the given values, we get:
Present Value = 50,000 / (1 + 0.1)^20
Present Value = 50,000 / 6.72
Present Value = $7,440.48
Therefore, the bond is worth $7,440.48 today if the discount rate is 10%.
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Why do binding price floors cause a deadweight loss? a) A binding price floor prevents some mutually beneficial exchanges from happening. b) Binding price floors do not cause a deadweight loss. By keeping prices higher than the market equilibrium price, consumer and producer surplus increase. c) A binding price floor increases producer surplus and increases producer surplus by an equal amount, leaving total surplus unchanged. d) A binding price floor increases consumer surplus and decreases producer surplus by an equal amount, leaving total surplus unchanged.
Some of the mutually beneficial transactions are prevented by a binding price floor. A deadweight loss is not brought on by binding price floors. Price maintenance above the price of market equilibrium increases consumer and producer surplus.
What are some instances of benefits?
He expects that a lot more individuals will benefit from the new medicine. Numerous health benefits can be derived from regular exercise. They have a connection that is advantageous to/for them both. While some insects are dangerous, others are helpful. An estimation or projection, stated in monetary or non-monetary terms, of the anticipated benefits or outputs of a planned activity, initiative, or programme.
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Which step of business process management allows managers to create a continually improving process? Multiple Choice Step 3: process execution Step 1: process design Step 5: process optimization Step 4 process monitoring
The step of business process management that allows managers to create a continually improving process is Process Optimization.
What does the Process Optimization mean?
Process Optimization is the step in business process management that involves analyzing and improving existing processes to achieve better performance, efficiency, and effectiveness. This step involves identifying areas of improvement, redesigning processes, and implementing changes that enhance performance, reduce errors, and eliminate waste.
In the process optimization step, managers use data analysis and process monitoring tools to identify bottlenecks and inefficiencies in the process. They may also gather feedback from stakeholders, customers, and employees to identify areas for improvement.
Once the areas of improvement are identified, managers can redesign the process to improve its performance, efficiency, and effectiveness. This may involve making changes to the process flow, the use of technology, the allocation of resources, or the training of employees.
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process a has fixed cost of $37,430 and variable cost of $52. process b has fixed cost of $47,590 and variable cost of $46. which process is better for low volumes?
The correct option is A. Process A is better for low volumes.
Direct labor and overhead are frequently called conversion fees, even as direct fabric and direct exertions are regularly known as prime value. the extent of the variable fee is stimulated through many elements, which include the fixed fee, length of the project, uncertainty, and bargain price. it can be used to evaluate how different factors impact variable fees and overall go-back funding.
Variable fees are prices that trade as the quantity of the best or service that a business produces adjustments. Variable charges are the sum of marginal prices over all devices produced. They also can be taken into consideration regular charges. fixed fees and variable prices make up the 2 additives of the overall fee. Direct expenses are fees that could without difficulty be related to a selected value item. but, now not all variable charges are direct expenses.
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Complete Question:
process a has fixed cost of $37,430 and variable cost of $52. process b has fixed cost of $47,590 and variable cost of $46. which process is better for low volumes?
A). Process A
B). Process B
Reporting wrongdoing in a business or government is known as:_______
When a whistleblower alerts someone outside the organization, such as the media, about wrongdoings, this is referred to as external whistleblowing.
Describe the whistleblower.Those who are considered to be able to take action, such as the organization itself, the appropriate authorities, or the public, are informed of corruption or other wrongdoing occurring in or by an organization by whistleblowers.
A government whistleblower is what?Any person who gives the appropriate information to the appropriate parties is considered a whistleblower. To put it another way, legal whistleblowing happens when someone informs a designated recipient of material that they frankly feel shows wrongdoing.
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althea just received her first paycheck at work. she's excited, but as she looks at her pay stub, she gets confused. she wants to know how much money she made in this pay period, but there are so many different numbers. if althea wants to know how much money will actually be deposited in her bank account, she should look at the
She should consider her take-home pay. (A) is the correct answer. The payee must mark his as well as her identifier upon that back of a verification process to endorse it.
Financial data is useless if it's not presented in an easy to understand manner. Obtaining employee input is often beneficial when determining the different kinds of data that even the company needs to operate.
The portability of electronic devices like smart phones as well as laptops for managing financial transactions and timetables is an additional benefit.
A database search term enables an individual to find financial records that meet the same criteria.
The government helps enterprises to follow regulatory standards to minimize the possibility of harm occurring in the organization.
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xyz inc. identified their main competing products, services and market segments. this is an example of a ?
This is an illustration of the a competitive analysis in which xyz inc. identified the key products, services, and market segments that it competed in.
How is a competitive analysis conducted?Researching key rivals as part of a competitor analysis is indeed a tactic used to learn more about their offerings, revenue streams, and marketing strategies. Conducting an competitive market study can help you implement more effective business strategies, fend off rivals, and gain market share, to name a few advantages.
How do you conduct a competitive analysis?Feature, market share, price, marketing, differentiators, strength, weaknesses, geography, culture, and customer feedback should all be investigated in a competitive analysis of your rivals. This post is intended for both new and experienced owners of small businesses who want to research their rivals to enhance their goods and services.
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generalizing from the computer market specifically to the economy as a whole, what will happen when this negative demand shock occurs across the economy's many markets?
When a negative demand shock occurs across the economy's many markets, the economy will experience a recession.
This is because a negative demand shock is a decrease in the demand for goods and services in the economy as a whole.
This decrease in demand can lead to a decrease in production and employment, as businesses are unable to sell as many goods and services.
This can lead to reduced incomes and higher unemployment, both of which can further exacerbate the economic downturn.
Thus, when a negative demand shock occurs across the economy's many markets, the economy will experience a recession.
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