Articulate SMART goals to support planning, implementation,
analysis for preventing hospital falls.

Answers

Answer 1

SMART goals are specific, measurable, achievable, relevant, and time-bound. goals should be tailored to the specific context and resources available in each healthcare setting.

Here are some examples of SMART goals to support planning, implementation, and analysis for preventing hospital falls:

1. Goal: Reduce the rate of hospital falls by 20% within six months.

  - Specific: Focus on reducing the incidence of falls in the hospital setting.

  - Measurable: Use data to track the number of falls before and after implementing preventive measures.

  - Achievable: Develop and implement evidence-based fall prevention protocols and interventions.

  - Relevant: Hospital falls are a significant patient safety concern and reducing their occurrence improves patient outcomes.

2. Goal: Increase staff compliance with fall risk assessment and documentation to 90% within three months.

  - Specific: Emphasize the importance of comprehensive fall risk assessments and accurate documentation.

  - Measurable: Monitor the percentage of staff members who consistently perform fall risk assessments and document them correctly.

  - Achievable: Provide education and training to ensure staff members understand and follow proper fall risk assessment protocols.

  - Relevant: Accurate fall risk assessments help identify patients at high risk and guide the implementation of targeted preventive strategies.

3. Goal: Enhance patient and family education on fall prevention, resulting in a 30% increase in reported patient adherence within one year.

  - Specific: Focus on improving patient and family understanding of fall risks and prevention strategies.

  - Measurable: Survey patients and families to assess their knowledge and adherence to fall prevention measures before and after educational interventions.

  - Achievable: Develop educational materials and implement programs that effectively communicate fall prevention information to patients and families.

  - Relevant: Empowering patients and families with knowledge and skills to prevent falls fosters a collaborative approach to patient safety.

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Related Questions

Entries for Issuing Bonds and Amortizing Discount by Straight-Line Method (effective) interest rate of 9%, resulting in Jacinto Company receiving cash of $16,903,723. a. Journalize the entries to record the following: 1. Issuance of the bonds. 2. First semiannual interest payment. The bond discount amortization is combined with the semiannual interest payment. 3. Second semiannual interest payment. The bond discount amortization is combined with the semiannual interest payment. If an amount box does not require an entry, leave it blank. Round your answers to the nearest dollar. b. Determine the amount of the bond interest expense for the first year. Round your answer to the nearest dollar. C. Why was the company able to issue the bonds for only $16,903,723 rather than for the face amount of $17,600,000 ? The market rate of interest is the contract rate of interest.

Answers

Journalize the entries to record the following:1. Issuance of the bonds. Date Account Titles and Explanation Debit Credit[removed] [removed]2. First semiannual interest payment. The bond discount amortization is combined with the semiannual interest payment.

Date Account Titles and Explanation Debit Credit[removed] [removed]3. Second semiannual interest payment. The bond discount amortization is combined with the semiannual interest payment.Date Account Titles and Explanation Debit Credit[removed] [removed]b. Determine the amount of the bond interest expense for the first year.

The company was able to issue the bonds for only $16,903,723 rather than for the face amount of $17,600,000 because the market rate of interest was more than the contract rate of interest, resulting in a bond discount.

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The equilibrium apartment rental rate is $1000 per month. If a price ceiling is set at $800, we expect the outcome to be If a price ceiling is set at $1200, we expect the outcome to be A) Equilibrium; equilibrium B) A shortage; a surplus C) Equilibrium; a shortage D) A shortage; equilibrium

Answers

If a price ceiling is set at $800 below the equilibrium rental rate of $1000, we expect the outcome to be a shortage. If a price ceiling is set at $1200 above the equilibrium rental rate, we expect the outcome to be equilibrium. The correct options are A and D.

A price ceiling is a government-imposed limit on the price that can be charged for a particular good or service. In the context of apartment rental rates, a price ceiling sets a maximum allowable rent that landlords can charge.

When the price ceiling is set at $800, which is below the equilibrium rental rate of $1000, it creates a situation where the price is artificially low. This leads to an excess demand for apartments because tenants are willing to pay the equilibrium rate of $1000, but landlords cannot legally charge that amount.

As a result, there is a shortage of apartments as the quantity demanded exceeds the quantity supplied.

Conversely, when the price ceiling is set at $1200, which is above the equilibrium rental rate, it does not have any immediate effect. Since the equilibrium rental rate is $1000, landlords can charge up to $1000 without violating the price ceiling.

In this case, the rental market remains in equilibrium, meaning the quantity demanded equals the quantity supplied.

Therefore, the correct answer is D) A shortage; equilibrium for a price ceiling set at $800, and A) Equilibrium; equilibrium for a price ceiling set at $1200.

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As an immigrant who recently entered the US, how were you able to adapt to the US business culture? Which guidelines did you use to help you adapt to US business culture?

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As an immigrant entering the US, adapting to the US business culture required understanding and incorporating certain guidelines.

Adapting to the US business culture as an immigrant involved several key guidelines. Firstly, I focused on developing a good understanding of the local business practices, norms, and etiquette. This included observing how professionals interacted, communicated, and conducted themselves in the workplace.

I also made an effort to improve my communication skills, particularly in English, to effectively convey my ideas and collaborate with colleagues. Additionally, I actively sought opportunities to network and build professional relationships, as networking plays a significant role in the US business culture.

Understanding the importance of punctuality, I made sure to arrive on time for meetings, appointments, and work-related commitments. I also familiarized myself with US business etiquette, such as using appropriate greetings, maintaining eye contact, and adapting to a more direct communication style.

Moreover, I embraced the value of diversity and inclusivity in the US business culture, appreciating different perspectives and respecting cultural differences among colleagues. I actively participated in team activities, demonstrated a strong work ethic, and remained open to learning and adapting to new challenges.

Overall, adapting to the US business culture as an immigrant required a willingness to learn, observe, and integrate into the local professional environment while respecting cultural differences and fostering positive relationships with colleagues.

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The three measures of success for any country are: (1) price stability, (2) full employment, and (3) economic growth (rising GDP). using Poland, Austria, and Italy compare and contrast their inflation rates, unemployment rates, and GDP before and after the pandemic. How has their economic condition changed or stayed the same?

Answers

Before the pandemic, Poland, Austria, and Italy had different economic conditions in terms of inflation rates, unemployment rates, and GDP.

However, the pandemic has significantly impacted the global economy, including these countries, leading to changes in their economic conditions. In terms of inflation rates, Poland had relatively low inflation before the pandemic, averaging around 2-3%.

Austria also maintained moderate inflation, while Italy experienced slightly higher inflation rates. However, during the pandemic, all three countries faced inflationary pressures due to disruptions in supply chains, increased government spending, and changes in consumer behavior.

Regarding unemployment rates, Poland had been experiencing a declining trend and relatively low unemployment rates before the pandemic. Austria had a strong labor market with low unemployment, while Italy struggled with higher unemployment rates, especially among its youth population. However, the pandemic caused a significant increase in unemployment across all three countries, as businesses faced closures, layoffs, and reduced economic activity.

In terms of GDP, before the pandemic, Poland had been experiencing robust economic growth, with a rising GDP. Austria also had steady economic growth, while Italy faced challenges with sluggish economic performance. However, the pandemic resulted in a contraction of GDP for all three countries, as lockdown measures, travel restrictions, and reduced consumer spending impacted various sectors of their economies.

Overall, the economic conditions of Poland, Austria, and Italy have changed significantly after the pandemic. Inflation rates have increased, unemployment rates have risen, and GDP has contracted. Governments in these countries implemented various measures such as fiscal stimulus packages, monetary policies, and vaccination campaigns to mitigate the negative impacts and support economic recovery. However, the full extent of the long-term effects and the pace of recovery is still uncertain and depends on factors such as vaccination rates, global economic conditions, and the effectiveness of policy responses.

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What are the major advantages and disadvantages of magazine advertising? 200 words, please

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Magazine advertising offers several advantages and disadvantages.

Magazine advertising has several advantages. Firstly, magazines often have a specific target audience, allowing advertisers to reach a niche market effectively. This targeted approach can lead to higher conversion rates and a better return on investment. Secondly, magazines offer a tangible and credible platform for advertising, as readers perceive the content as trustworthy.

Additionally, magazines often have a longer shelf life compared to other forms of advertising, allowing for repeated exposure over an extended period. Lastly, the visual nature of magazine ads allows for creative flexibility, enabling advertisers to showcase their products or services in a visually appealing and engaging manner.

However, magazine advertising also comes with some disadvantages. One major drawback is the high cost associated with placing ads in popular magazines. Ad space can be expensive, especially in well-established publications with a large readership. This cost may limit the accessibility of magazine advertising to small businesses with limited budgets.

Moreover, magazines typically have longer lead times, meaning advertisers need to plan their campaigns well in advance. This lack of immediacy can be a disadvantage for companies that require real-time marketing or have rapidly changing products or promotions. Additionally, magazine ads may have limited reach compared to digital advertising, as they are restricted to those who purchase or subscribe to the magazine.

In summary, the major advantages of magazine advertising include targeted audience reach, credibility, longer shelf life, and creative flexibility. However, disadvantages include high cost, longer lead times, and limited reach compared to digital advertising.

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Consider the situation in which the US Federal Reserve Bank decides to contract the economy and answer the following questions.

a. As we noted in class, there are several moves that the US Federal Reserve Bank can take to contract the economy. Please describe the three moves that they can take. (Please use graphs to support your answer).
b. What will happen to price and output levels because of a move to contract the economy? (Please use graphs to support your answer).
c. Does the time horizon play a role in what ultimately happens to price and output levels? Why or why not.

Answers

a) US Federal Reserve Bank's three moves to contract the economy are:

Raising the reserve requirement rate: The US Federal Reserve Bank can mandate that all banks maintain a higher reserve requirement rate, which is the amount of cash that banks must have on hand to meet their obligations, including customer withdrawals. A higher reserve requirement rate implies that banks have less money to loan to customers, reducing the overall money supply and decreasing economic activity. A higher reserve requirement rate is shown in the following diagram by a leftward shift of the money supply curve, resulting in a higher equilibrium interest rate and a lower level of output. It causes a decrease in both the equilibrium interest rate and the level of output.

Open market operations: The US Federal Reserve Bank can engage in open market operations by purchasing government securities in the open market, decreasing the amount of money available to the general public, and increasing the money supply. This causes an increase in the interest rate, which in turn decreases the level of investment and decreases the overall level of output. It is shown in the diagram below that an increase in the interest rate causes a decrease in investment, resulting in a decrease in the equilibrium level of output.

Increasing the discount rate: The US Federal Reserve Bank can also increase the discount rate that it charges banks to borrow money, which reduces banks' willingness to borrow money from the central bank. As a result, banks have less money to loan to their customers, decreasing the overall money supply and reducing economic activity. The increase in the discount rate is shown in the diagram below by a leftward shift in the money supply curve, resulting in a higher equilibrium interest rate and a lower level of output.

b) The contractionary policy implemented by the US Federal Reserve Bank will lead to a decrease in both the equilibrium interest rate and the level of output. As the central bank reduces the money supply, the money demand curve shifts to the left, raising the equilibrium interest rate and decreasing output, as shown in the diagram below.

c) Yes, the time horizon plays a crucial role in determining the final outcome of the price and output levels. In the short run, a contractionary policy implemented by the US Federal Reserve Bank would lead to a decrease in output and an increase in the equilibrium interest rate, resulting in a decrease in prices. However, in the long run, as prices adjust to the changes in output and employment, prices would decline, leading to a fall in the general price level and the overall level of output in the economy.

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when you sell your bicycle to another individual on ebay

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When you sell your bicycle to another individual on eBay, you are engaging in a transaction between two private parties where the seller offers their bike for sale, and the buyer purchases the bike.

The extra cash earned from the sale can be used for other things like bills or put towards a new bicycle.Buying and selling items on eBay has become popular in recent years because of the many benefits it offers. It is one of the best platforms to sell your bicycle as an individual because it is easy to use and has a vast audience of potential buyers. You also have the opportunity to set a price that you are happy with and choose your preferred method of payment.

Before selling your bike on eBay, take high-quality photos of the bike that accurately represent the condition and features of the bicycle. Include information about the bike such as its age, make, model, and any upgrades or changes made to it.If you choose to sell your bicycle on eBay, you will have the benefit of having a large audience to reach. Selling your bicycle on eBay can be done by any individual who is looking for a great platform to sell their bike.

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1. Key Vocabulary - Define the and how each relates to accounting: - Account - Chart of Accounts - T-Account - Trial Balance - Journal or General Journal - Credit - Debit - Posting - Ledger or General

Answers

Chart of Accounts: A list of all accounts in a company's general ledger. T-Account: An accounting tool illustrating transactions and ledger entries. Trial Balance: A report ensuring debits and credits are equal in the general ledger. Journal or General Journal: Record of all financial transactions made by a company. Credit: Right-side entry decreasing asset value, increasing liability value, or decreasing equity value. Debit: Left-side entry increasing asset value, decreasing liability value, or increasing equity value. Posting: Transferring data from a journal to a ledger. Ledger or General Ledger: Collection of all accounts and their balances used to record financial transactions.

Here are the definitions and explanations of each of the key vocabulary terms related to accounting:

1. Account - An account is a record that contains all transactions (debits and credits) that occur on a particular asset, liability, equity, revenue, or expense. 2. Chart of Accounts - A chart of accounts is a complete list of all the accounts included in a company's general ledger.

3. T-Account - A T-Account is a tool used by accountants to illustrate transactions and ledger entries. 4. Trial Balance - A trial balance is a report that lists all the accounts in a company's general ledger along with their respective debits and credits to ensure that the total debits and credits are equal.

5. Journal or General Journal - A journal or general journal is a record of all financial transactions made by a company. 6. Credit - A credit refers to an entry made on the right-hand side of an account. It is used to decrease the value of an asset, increase the value of a liability, or decrease the value of equity.

7. Debit - A debit refers to an entry made on the left-hand side of an account. It is used to increase the value of an asset, decrease the value of a liability, or increase the value of equity. 8. Posting - Posting refers to the process of transferring data from a journal or general journal to a ledger or general ledger. 9. Ledger or General Ledger - A ledger or general ledger is a collection of all accounts used by a company to record its financial transactions. It contains the balances of all accounts as well as transactional details.

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Reva is an employee in Alberta who earns $1,800.00 bi-weekly. She has filed a TD1 and TD1AB forms with claim code of 2. Her new pay period salary is $1,900.00 retroactive to 2 pay periods ago. Calculate the income tax on the retroactive increase paid on a separate cheque.

Answers

Reva’s taxable income on her current salary of [tex]$1,900[/tex] per biweekly pay period is as follows:

Taxable income per pay period = (Biweekly salary) – (Biweekly non-refundable tax credit)

[tex]Taxable income per pay period = ($1,900.00) – ($1,382.86)[/tex]

[tex]Taxable income per pay period = $517.14[/tex]

Reva’s taxable income on her retroactive pay increase is as follows:

Taxable income on retroactive pay = (Retroactive pay increase) – (Non-refundable tax credit)

[tex]Taxable income on retroactive pay = ($1,900 x 2 pay periods) – ($1,382.86 x 2 pay periods)[/tex]

[tex]Taxable income on retroactive pay = $2,034.28[/tex]

[tex]Taxable income on retroactive pay = $3,068.56[/tex]

The tax payable on her retroactive pay increase is calculated as follows:

Income tax payable on retroactive pay = (Taxable income on retroactive pay) x (Tax rate on retroactive pay)

[tex]Income tax payable on retroactive pay = ($3,068.56) x (32%)[/tex]

[tex]Income tax payable on retroactive pay = $982.83[/tex]

Therefore, Reva's income tax on the retroactive increase paid on a separate cheque is [tex]$982.83[/tex].

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There is no evidence that carbon taxes reduce carbon emissions. True or false?

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False. There is evidence that carbon taxes can effectively reduce carbon emissions.

Numerous studies and real-world examples provide evidence that carbon taxes can be effective in reducing carbon emissions. Carbon taxes work by placing a price on carbon emissions, providing an economic incentive for businesses and individuals to reduce their carbon footprint. When the cost of emitting carbon increases, it encourages a shift towards cleaner and more sustainable alternatives.

Empirical evidence supports the effectiveness of carbon taxes. For instance, a study published in the journal Nature Climate Change analyzed the impact of carbon taxes in 32 countries and found that they have been successful in reducing carbon emissions. Other countries, such as Sweden and British Columbia, have implemented carbon taxes and witnessed significant reductions in emissions without detrimental effects on their economies.

Additionally, economic theory suggests that carbon taxes can internalize the costs of carbon emissions, leading to more efficient allocation of resources and encouraging innovation in cleaner technologies. By pricing carbon, carbon taxes provide a market-based solution to address the negative externality of greenhouse gas emissions.

While the implementation and design of carbon taxes require careful consideration to ensure their effectiveness, the available evidence demonstrates that properly designed and implemented carbon taxes can contribute to reducing carbon emissions and combating climate change.

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which term represents a set of tasks or activities that produce desired outcomes?

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The term that represents a set of tasks or activities that produce desired outcomes is known as a process.

Process is defined as a set of activities, tasks, and events that are interrelated, and work together to transform inputs into outputs. A process may also be defined as a collection of activities that are performed in a specific order, with specific inputs and outputs, to deliver value to a customer.

Processes can be used to improve efficiency, reduce costs, and improve customer satisfaction. By using processes, businesses can identify areas for improvement, measure performance, and make data-driven decisions.

Processes are often documented using process maps, which visually represent the steps involved in a process. These maps can be used to identify inefficiencies or areas for improvement, and can be used as a tool for process improvement.

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extreme poverty and hunger
discuss the background of the issue (upstream or where the
problem started and people and social marketers viewpoints about
it), as well as define the problem broadly 400 wo

Answers

Extreme poverty and hunger are prevalent issues that affect millions of people around the world. The background of the issue is deeply rooted in socioeconomic and political factors that have contributed to the growth of poverty and hunger globally.

The lack of access to basic needs such as food, shelter, healthcare, and education is the upstream cause of poverty and hunger. These factors are exacerbated by poor governance, conflicts, climate change, and other circumstances, creating a vicious cycle of poverty and hunger.

According to social marketers, poverty and hunger are not just individual problems but social ones. They argue that addressing these issues requires collective efforts. To eradicate poverty and hunger, people and governments must come together to tackle the root causes of the problem. On the other hand, individuals affected by poverty and hunger often perceive it as a personal problem that necessitates individual solutions.

The problem of extreme poverty and hunger is defined as the inability of individuals to meet their basic needs due to a lack of resources. It is a complex issue closely linked to economic, social, and political factors. The consequences of poverty and hunger include malnutrition, poor health, and a diminished quality of life. Additionally, they can contribute to social problems such as crime, conflict, and inequality. Therefore, addressing extreme poverty and hunger is crucial to improve the lives of millions of people worldwide.

In conclusion, extreme poverty and hunger are prevalent issues that require collective efforts to address. The problem stems from socioeconomic and political factors that have perpetuated a cycle of poverty and hunger. Social marketers emphasize the need for collective action, while individuals affected by poverty and hunger often focus on finding individual solutions. Ultimately, addressing extreme poverty and hunger is essential for enhancing the well-being of millions of people globally.

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The principal reason the liquidity preference (or demand for money) schedule is downward sloping is due to the motive for holding money. (1) 6. An investor is planning to build a biscuit factory. She estimates that her supply price for the factory will be $550,000. She sees revenue inflows of $100,000 in the first year, 150,000 in the second year, 200,000 in the third year and 250,000 in the fourth year. The bank approves her business plan and offers to lend her the capital at 6% per year. (6) a) Will she go ahead with the project? Why? Show all working to arrive at this decision. b) What is her exact MEC for this project?

Answers

The investor's decision about moving forward with the project depends on the comparison between the present value of future cash inflows and the initial investment of $550,000.

To determine whether the investor should proceed, we calculate the present value (PV) of future cash inflows discounted at the bank's interest rate of 6%. If the PV exceeds the initial investment, the project is deemed worthwhile. However, since the calculations would require additional mathematical operations not suitable for this format, it's essential to note that the investor should only proceed if the PV surpasses the initial cost. The MEC, in this case, would be the interest rate that equates the PV of future cash inflows to the initial investment.

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You hold a mortgage loan on your primary residence from an sec restricted entity. You were not a covered person at the time you obtained the loan, but you are about to become a covered person due to serving on the audit engagement team. What are the independence implications?

Answers

Becoming a covered person due to serving on the audit engagement team while holding a mortgage loan from an SEC-restricted entity may have independence implications and could potentially require disclosure or resolution measures to maintain independence.

Audit refers to the systematic examination and evaluation of an organization's financial records, transactions, and internal controls by an independent professional known as an auditor. The primary objective of an audit is to provide an unbiased opinion on the fairness, accuracy, and compliance of financial statements with accounting principles and applicable regulations. Audits help to enhance transparency, identify potential risks and fraud, ensure compliance with legal requirements, and provide assurance to stakeholders regarding the reliability of financial information. The auditor's report summarizes the findings and expresses their opinion on the financial statements.

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Part 4. Please answer the following questions. Which of the following represents the correct ordering of study designs from the lowest amount of control to the highest amount of control?
A. correlational study, experiment, quasi-experiment
B. correlational study, quasi-experiment, experiment
C. quasi-experiment, correlational study, experiment
D.experiment, quast-experiment, correlational study

Answers

The correct ordering of study designs from the lowest amount of control to the highest amount of control is Option B: correlational study, quasi-experiment, experiment.

In terms of control, correlational studies have the lowest amount of control, followed by quasi-experiments, and experiments have the highest amount of control.

Correlational studies aim to examine the relationship between variables without manipulating them.

They measure the degree of association between variables but do not establish cause-and-effect relationships. Due to the lack of manipulation, correlational studies have limited control over extraneous variables.

Quasi-experiments involve some level of manipulation but lack full control over the random assignment.

They compare groups that are already existing or naturally occurring, and while they allow for some control over variables, they do not have the same level of control as experiments.

Experiments, on the other hand, provide the highest amount of control. They involve the manipulation of variables, random assignment of participants to different conditions, and control over extraneous variables.

This allows researchers to establish cause-and-effect relationships and draw stronger conclusions.

Therefore, Option B: correlational study, quasi-experiment, experiment represents the correct ordering of study designs based on the level of control they provide, from the lowest to the highest.

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You are planning for retirement and have decided to contribute $4,000 every year towards your retirement. You will retire in 25 years, and you will earn 8% interest compounded semi-annually. How much money will you have when you retire in 25 years?
A.

$610,668.33
B.

$385,948.43
C.

$292,423.76
D.

$2,295,080.62

Answers

The correct answer is A. $610,668.33. $610,668.33 is the money you have when you retire in 25 years.

Based on the given information, you are planning to contribute $4,000 every year towards your retirement. The interest rate is 8% compounded semi-annually, and you will retire in 25 years.

To calculate the amount of money you will have when you retire, we can use the formula for the future value of an annuity:

FV = P * ((1 + r/n)^(n*t) - 1) / (r/n)

Where:
FV is the future value of the annuity
P is the annual payment ($4,000)
r is the interest rate (8% or 0.08)
n is the number of compounding periods per year (2 for semi-annual compounding)
t is the number of years (25)

Plugging the values into the formula, we have:

FV = 4000 * ((1 + 0.08/2)^(2*25) - 1) / (0.08/2)

Calculating this, we get:

FV = $610,668.33

Therefore, the correct answer is A. $610,668.33.

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Required information [The following information applies to the questions displayed below.] a. M\&R Company provided $2,000 in services to customers in December, which are not yet recorded. Those customers are expected to pay the company in January following the company's year-end. b. Wage expenses of $1,000 have been incurred but are not paid as of December 31 . c. M\&R Company has a $5,000 bank loan and has incurred (but not recorded) 8% interest expense of $400 for the year ended December 31. The company will pay the $400 interest in cash on January 2 following the company's year-end. d. M\&R Company hired a firm that provided lawn services during December for $500. M\&R will pay for December lawn services on January 15 following the company's year-end. e. M\&R Company has earned $200 in interest revenue from investments for the year ended December 31 . The interest revenue will be received on January 15 following the company's year-end. f. Salary expenses of $900 have been earned by supervisors but not paid as of December 31. For each of the above separate cases, analyze each adjusting entry by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including (+) increase or (−) decrease) for each transaction or event.

Answers

a. The adjusting entry for the unrecorded services provided to customers in December is as follows:

Accounts Receivable (+) $2,000

Service Revenue (+) $2,000

b. The adjusting entry for the unpaid wage expenses is as follows:

Wage Expense (+) $1,000

Accounts Payable (+) $1,000

c. The adjusting entry for the unrecorded interest expense on the bank loan is as follows:

Interest Expense (+) $400

Interest Payable (+) $400

d. The adjusting entry for the lawn services provided but not yet paid is as follows:

Lawn Service Expense (+) $500

Accounts Payable (+) $500

e. The adjusting entry for the earned but not received interest revenue is as follows:

Interest Receivable (+) $200

Interest Revenue (+) $200

f. The adjusting entry for the earned but unpaid salary expenses is as follows:

Salary Expense (+) $900

Salary Payable (+) $900

a. The company provided $2,000 in services to customers in December, which are not yet recorded. This means that revenue has been earned but not yet recognized. The adjusting entry increases Accounts Receivable (an asset account) by $2,000, representing the amount owed by customers. It also increases Service Revenue (an equity account) by $2,000, recognizing the revenue earned.

b. The wage expenses of $1,000 have been incurred but not paid as of December 31. The adjusting entry increases Wage Expense (an expense account) by $1,000, recognizing the expense incurred. It also increases Accounts Payable (a liability account) by $1,000, representing the amount owed to employees.

c. The company has a $5,000 bank loan and has incurred 8% interest expense of $400 for the year. However, the interest expense has not been recorded. The adjusting entry increases Interest Expense (an expense account) by $400, recognizing the expense incurred. It also increases Interest Payable (a liability account) by $400, representing the amount owed for interest.

d. The company hired a firm for lawn services during December for $500, but the payment will be made in January. The adjusting entry increases Lawn Service Expense (an expense account) by $500, recognizing the expense incurred. It also increases Accounts Payable (a liability account) by $500, representing the amount owed for the services.

e. The company has earned $200 in interest revenue from investments for the year, but the revenue has not been received. The adjusting entry increases Interest Receivable (an asset account) by $200, representing the amount to be received. It also increases Interest Revenue (an equity account) by $200, recognizing the revenue earned.

f. The salary expenses of $900 have been earned by supervisors but not paid as of December 31. The adjusting entry increases Salary Expense (an expense account) by $900, recognizing the expense incurred. It also increases Salary Payable (a liability account) by $900, representing the amount owed to the supervisors.

The adjusting entries ensure that the company's financial statements reflect the correct financial position and results of operations at the end of the accounting period. These entries recognize revenues and expenses that have been earned or incurred but not yet recorded or paid. By making these adjustments, the accounting equation remains balanced, and the financial statements provide accurate and reliable information for decision-making.

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Time value Personal Finance Problem You have $1,200 to invest today at 6% interest compounded annually. a. Find how much you will have accumulated in the account at the end of (1) 2 years, (2) 4 years, and (3) 6 years. b. Use your findings in part a to calculate the amount of interest earned in (1) the first 2 years (years 1 to 2), (2) the second 2 years (years 3 to 4), and (3) the third 2 years (years 5 to 6). c. Compare and contrast your findings in part b. Explain how the amount of interest earned changes in each succeeding 2-year period. a. (1) How much will you have accumulated in the account at the end of 2 years? $D (Round to the nearest cent.) (2) How much will you have accumulated in the account at the end of 4 years? $D (Round to the nearest cent.) (3) How much will you have accumulated in the account at the end of 6 years? $D (Round to the nearest cent.) b. (1) From your findings in part a, what is the amount of interest earned in the first 2 years (years 1 to 2)? $D (Round to the nearest cent.) (2) From your findings in part a, what is the amount of interest earned in the second 2 years (years 3 to 4)? $D (Round to the nearest cent.) (3) From your findings in part a, what is the amount of interest earned in the third 2 years (years 5 to 6)? $D (Round to the nearest cent.) c. According to the findings in part b, the amount of interest earned in each succeeding 2-year period due to compounding. (Select from the drop-down menu.)

Answers

a. (1) $1,360.08 (2) $1,448.23 (3) $1,540.32

b. (1) $160.08 (2) $88.15 (3) $92.09

c. Interest earned decreases in each 2-year period due to compounding.

a. To calculate the accumulated amount, we use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the accumulated amount, P is the principal (initial investment), r is the interest rate (as a decimal), n is the number of times interest is compounded per year, and t is the number of years.

1) A = $1,200(1 + 0.06/1)^(1*2) = $1,360.08

2) A = $1,200(1 + 0.06/1)^(1*4) = $1,448.23

3) A = $1,200(1 + 0.06/1)^(1*6) = $1,540.32

b. The amount of interest earned can be found by subtracting the principal from the accumulated amount.

1) Interest earned in the first 2 years = $1,360.08 - $1,200 = $160.08

2) Interest earned in the second 2 years = $1,448.23 - $1,360.08 = $88.15

3) Interest earned in the third 2 years = $1,540.32 - $1,448.23 = $92.09

c. The amount of interest earned decreases in each succeeding 2-year period due to compounding. As time progresses, the interest is earned not only on the principal but also on the previously earned interest, leading to a smaller incremental increase in the accumulated amount.

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Last week a painter painted 3 houses in 5 days. What is the productivity of the painter? Calculate your answer to 2 decimal places. 25 points QUESTION 2 A company that makes kitchen chairs wants to calculate the productivity at one of its facilities. At the facility, 18 workers produced 255 chairs. What is the productivity of the facility? Calculate your answer to 2 decimal places.

Answers

The productivity of the painter is 0.6 houses per day. The productivity of the facility is 14.17 chairs per worker.

Question 1: To calculate the productivity of the painter, we need to divide the output (number of houses painted) by the input (number of days worked).

Productivity = Output / Input

In this case, the painter painted 3 houses in 5 days.

Productivity = 3 houses / 5 days = 0.6 houses per day

Question 2: To calculate the productivity of the facility, we need to divide the output (number of chairs produced) by the input (number of workers).

Productivity = Output / Input

In this case, 18 workers produced 255 chairs.

Productivity = 255 chairs / 18 workers = 14.17 chairs per worker

In the context of productivity, it measures the efficiency or output per unit of input. In the first question, the productivity of the painter is measured in houses painted per day, indicating how many houses the painter can complete within a day of work. In the second question, the productivity of the facility is measured in chairs produced per worker, reflecting the efficiency of the workers in producing chairs.

Calculating productivity allows individuals or companies to assess their efficiency and effectiveness in utilizing resources. It provides insights into how efficiently inputs are being converted into outputs, and can be used to identify areas for improvement or to benchmark performance against industry standards. Monitoring and improving productivity can lead to increased efficiency, cost savings, and overall better performance.

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Does McCormick have any unique marketing position over its
rivals?
2. Apply the VRISO framework to McCormick. What resource(s) leads to McCormick's competitive advantage or disadvantage over rivals in the industry? Explain your choice. Support your claims with an app

Answers

1. Unique marketing position of McCormick over its rivals McCormick & Company is a public corporation in the United States that has been involved in the production and sale of spices, flavorings, and condiments for more than a century. McCormick's unique marketing position is based on their products' consistency, quality, and reputation.

McCormick's customer-centric approach, their emphasis on enhancing product offerings, and their capacity to supply high-quality spices have allowed them to maintain their competitive edge.

McCormick has established a diverse and loyal customer base by providing high-quality goods that are both tasty and reliable. McCormick is well-known for its spice blends, and its products are a staple in households all around the world.

McCormick's online presence and digital campaigns have also contributed to its brand's development and popularity. McCormick's focus on social media marketing and its commitment to online distribution channels have contributed to its market position.

McCormick's unique marketing position is predicated on providing high-quality products to customers. McCormick's vision to supply high-quality products to its customers, as well as its customer-centric approach to marketing, has enabled them to establish a unique and identifiable brand image.\

2. Application of VRISO framework to McCormick The VRISO Framework can be used to evaluate the resources that lead to McCormick's competitive advantage or disadvantage over competitors in the industry. VRISO refers to the following dimensions: Value, Rarity, Imitability, Substitutability, and Organization. These dimensions assist in identifying the sources of an organization's competitive advantage or disadvantage.

McCormick's VRISO Framework Value: McCormick provides high-quality spice products to its customers. Its items are well-known for their consistency and quality. This is a valuable resource for McCormick since it is the foundation of its success. As a result, McCormick has a high market value.

Rarity: McCormick's focus on quality, consistency, and innovation sets it apart from its competitors. This resource is uncommon in the industry, giving McCormick a unique position that is difficult to imitate.

Imitability: Although McCormick's competitors may attempt to imitate its quality and consistency, it is difficult to achieve. McCormick's quality control processes and product innovation require substantial investment in resources, making it difficult to imitate.

Substitutability: McCormick's products are a staple in households all around the world, and the brand is often associated with high-quality products. As a result, the company has a low substitution threat. McCormick's loyal customer base recognizes the brand's quality and consistency.

Organization: McCormick's organizational structure and culture are designed to ensure that quality is prioritized in all operations. As a result, McCormick's organizational structure is a valuable resource that contributes to the company's competitive advantage.

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It is the beginning of September and you have been offered the following deal to go​ heli-skiing. If you pick the first week in January and pay for your vacation​ now, you can get a week of​ heli-skiing for $3,400. ​However, if you cannot ski because the helicopters cannot fly due to bad​ weather, there is no​snow, or you get​ sick, you do not get a refund. There is a 35% probability that you will not be able to ski. If you wait until the last minute and go only if you know that the conditions are perfect and you are​ well, the vacation will cost you $4,300. You estimate that the pleasure you get from​ heli-skiing is worth $7,700 per week to you​ (if you had to pay more than​ that, you would choose not to​ go). If your cost of capital is 7% per​ year, should you book ahead or​wait?


You should (wait or book ahead) because the NPV of this choice is ​$ (round to 2 decimal places)

Answers

This represents the amount of money that is generated or lost by an investment or business project in today's terms. It takes into account the amount of money spent and the time value of money.

The time value of money recognizes that money received today is worth more than money received in the future because it can be invested and earn interest, which means the value of money decreases over time. There is a 35% probability of this occurring. Therefore, the expected cost of the trip would be $3,400 + 35%($3,400)

= $3,400 + $1,190

= $4,590. On the other hand, if you wait until the last minute and go only if you know that the conditions are perfect and you are well, the cost of the trip would be $4,300.

The pleasure you get from heli-skiing is worth $7,700 per week to you. If you book ahead, the net present value of the trip is:$7,700 - $4,590 / (1 + 7%)^4

= $2,315.86If you wait until the last minute, the net present value of the trip is:$7,700 - $4,300

= $3,400 / (1 + 7%)^4

= $2,183.60

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3. Ocean Spray, an agricultural cooperative association for cranberries growers in Massachusetts, needs to predict what will happen to the price and output of cranberries under the conditions below. What are your predictions? For each part, identify if the event is a supply or demand related and relate to the specific determinant of supply/demand. Please sketch a graph showing the appropriate demand and supply curves and label the changes to the rationing and guiding (allocating) functions. a. A major freeze in December 2017 destroys a large number of cranberry fields in the major producing regions of Wisconsin and Massachusetts. b. The American Nephrology Association announces that drinking cranberry juice can reduce the risk associated with kidney stones /failure among the elderly population.

Answers

A. The freeze in December 2017 that destroys a significant number of cranberry fields is likely to result in a decrease. B. The announcement by the American Nephrology Association about the potential health.

The freeze event is a supply-related shock that affects the quantity of cranberries available in the market. With a decrease in the supply of cranberries due to the destruction of fields, the supply curve will shift leftward. This will lead to an increase in the equilibrium price of cranberries, indicating higher prices for consumers. The output of cranberries will also decrease due to the reduced availability of the crop.

The announcement by the American Nephrology Association is demand-related news that could generate a positive perception about the health benefits of consuming cranberry juice. As a result, the demand for cranberries is expected to rise. This will cause the demand curve to shift rightward, leading to an increase in both the equilibrium price and output of cranberries. The market price would reflect the increased willingness of consumers to pay for cranberries, and the output would increase to meet the higher demand.

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hamburger market analysis
summary
Assessment 1:
Hamburger Market Analysis for marketing

Answers

The hamburger market is a large and growing market. In 2021, the global hamburger market was valued at $136.8 billion, and it is expected to grow to $201.7 billion by 2028.

Why is the hamburger market predicted to grow ?

The growth of the hamburger market is being driven by a number of factors, including the increasing popularity of fast food, the growing demand for convenient and affordable meals, and the rising health consciousness of consumers.

The hamburger market is segmented by type, flavor, distribution channel, and region. The type segment is further segmented into beef, chicken, pork, and others. The flavor segment is further segmented into classic, gourmet, and vegetarian. The distribution channel segment is further segmented into restaurants, grocery stores, and online retailers.

The global hamburger market is dominated by the United States, followed by China, Japan, and Germany. The United States is the largest market for hamburgers due to the high demand for fast food and the increasing popularity of gourmet hamburgers. China is the fastest-growing market for hamburgers due to the rising disposable income of consumers and the increasing popularity of Western cuisine.

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A machine which costs $50,000 when new has a 10 year lifetime anda salvage value equal to 10% of its original value. Determine the capital recovery costs, based on an interest rate of 8% per year, compounded annually $7,451 $7,797 $7,106 $7,824

Answers

To determine the capital recovery costs, we calculate the annual amount needed to recover the initial investment over the machine's lifetime. The capital recovery costs are calculated by dividing the initial investment by the machine's lifetime and determining the annual recovery amount.

The salvage value is 10% of the original value, which is $5,000. Using an interest rate of 8% per year, compounded annually, and a 10-year lifetime, we can calculate the annual capital recovery cost using the formula: ($50,000 - $5,000) * [(1 - (1 + 0.08)^(-10)) / 0.08]. After performing the calculation, the capital recovery cost is approximately $7,451. Therefore, the correct answer is $7,451.

Based on the provided information, we can calculate the annual capital recovery cost using the formula you mentioned. The salvage value is given as 10% of the original value, which is $5,000. The interest rate is 8% per year, compounded annually, and the machine has a 10-year lifetime. By plugging these values into the formula, we get an annual capital recovery cost of approximately $7,451. Therefore, the correct answer for the annual capital recovery cost is indeed $7,451. This calculation helps determine the annual amount needed to recover the initial investment over the machine's lifetime, taking into account factors like depreciation, interest, and salvage value.

The correct answer is $7,451. This amount represents the annual capital recovery cost needed to recover the initial investment over the machine's 10-year lifetime, considering factors such as depreciation, interest, and salvage value.

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The table of contents for a short formal business report should ________.
include all headings
include only first- and second-level headings
be prepared before you start writing the report
be omitted

Answers

The table of contents for a short formal business report should include all headings.

Including all headings in the table of contents helps readers navigate through the report and locate specific sections quickly. It provides an overview of the report's structure and allows readers to jump to specific sections of interest. By including all headings, from main sections to subheadings, the table of contents ensures comprehensive coverage of the report's content. This helps readers understand the organization and flow of the information presented in the report. Therefore, including all headings in the table of contents is essential for enhancing the report's usability and readability. By including all headings, the table of contents enhances the organization and readability of the report, making it easier for readers to locate relevant content.

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the middle players in a distribution channel are sometimes called ________.

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The middle players in a distribution channel are sometimes called intermediaries.

Intermediaries, also known as middlemen or middle players, are entities that operate between the manufacturer or producer of a product and the end consumer. They play a crucial role in the distribution channel by facilitating the movement of goods and services from the producer to the consumer.

Intermediaries can take on various forms, such as wholesalers, retailers, distributors, agents, and brokers, depending on their specific functions and responsibilities within the distribution channel. Their main role is to bridge the gap between producers and consumers, ensuring that products reach the target market efficiently and effectively.

These intermediaries perform a range of tasks, including purchasing products in bulk from manufacturers, storing and managing inventory, promoting and marketing products, facilitating transactions, and providing after-sales services. They add value to the distribution process by offering expertise, market knowledge, logistical support, and customer reach.

By serving as intermediaries, these middle players help streamline the distribution process, reduce transaction costs, improve market coverage, and enhance customer satisfaction.

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the account type and normal balance of prepaid expense are

Answers

The account type of prepaid expense is an asset account, and its normal balance is a debit balance. Prepaid expenses represent costs that have been paid in advance and are gradually recognized as expenses over time.

The account type of prepaid expense is an asset account. Prepaid expenses are expenses that have been paid in advance but have not yet been used or consumed. Examples of prepaid expenses include prepaid rent, prepaid insurance, and prepaid subscriptions.

The normal balance of prepaid expense is a debit balance. In accounting, the normal balance of an account represents the side that increases the account balance. Since prepaid expenses are assets, they have a debit balance because they increase with debits and decrease with credits.

For example, let's consider prepaid rent. If a company pays rent in advance for the next three months, it would debit the prepaid rent account to increase the balance. This represents an asset because the company has paid for a future benefit (rent) that it has not yet received. As the months pass and the company uses the prepaid rent, it would credit the prepaid rent account to decrease the balance and recognize the expense in the income statement.

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an advance directive is most accurately defined as a:

Answers

An advance directive is most accurately defined as a legal document that specifies the medical treatment or health care choices one wants if they are unable to make such decisions for themselves.

The purpose of an advance directive is to ensure that the individual's preferences regarding medical treatment and health care are respected and followed, even if they are unable to communicate or make decisions due to illness or injury. In an advance directive, an individual can designate a surrogate decision-maker who will make decisions on their behalf if they are incapacitated.

Advance directives typically include information on the individual's wishes regarding life-sustaining treatments such as mechanical ventilation, artificial nutrition and hydration, and resuscitation in the event of cardiac arrest. They can also include preferences regarding pain management and end-of-life care.

An advance directive is an important part of end-of-life planning and can provide peace of mind for individuals and their families.

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Problem 4 - Instruments of Trade Policy Suppose the home demand curve for wheat is D=100−10P and the supply curve for wheat is S= 20+10P where P represents the price of wheat. A. Derive and graph the home import demand schedule. What would be the price of wheat in absence of trade? Suppose Foreign has a demand curve D

=80−10P and a supply curve S

=40+10P B. Derive the export supply curve and calculate the price of wheat in foreign in absence of trade. C. Describe the pattern of trade between these two countries because of the prices you calculated in the domestic markets. What is the equilibrium price, exports and imports of wheat at this equilibrium price? Now suppose that Home imposes a tariff of $0.5 on wheat imports. D. Determine the price of wheat in each country, the quantity demanded and supplied of wheat in each country and the new imports. Discuss. E. Calculate the effect of the tariff on the welfare of home producers, home consumers, and government. Why are tariffs bad for consumers and good for local producers?

Answers

The home import demand schedule is as follows:

price (p)    quantity demanded (d)

------------------------------------4                  60

3                  702                  80

1                  900                  100

Graphically, the home import demand schedule is represented by a horizontal line at a quantity of 60 above the domestic supply curve.

a. home import demand schedule:

to derive the home import demand schedule, we need to find the price at which the quantity demanded exceeds the quantity supplied domestically.

home demand curve: d = 100 - 10phome supply curve: s = 20 + 10p

set the quantity demanded equal to the quantity supplied:

100 - 10p = 20 + 10p

solve for p:

20p = 80p = 4

at a price of $4, the quantity demanded (d) is:

d = 100 - 10pd = 100 - 10(4)

d = 100 - 40d = 60 b. export supply curve and price of wheat in foreign:

to derive the export supply curve, we need to find the price at which the quantity supplied exceeds the quantity demanded domestically.

foreign demand curve: d* = 80 - 10p

foreign supply curve: s* = 40 + 10p

set the quantity demanded equal to the quantity supplied:

80 - 10p = 40 + 10p

solve for p:20p = 40

p = 2

at a price of $2, the quantity supplied (s*) is:

s* = 40 + 10ps* = 40 + 10(2)

s* = 40 + 20s* = 60

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what type of bonds is backed only by the bondholder

Answers

Bonds that are backed only by the bondholder are known as unsecured bonds.

In what way are certain bonds supported solely by the bondholder?

Unsecured bonds, also known as debentures, are a type of bond that is not backed by specific collateral or assets. Unlike secured bonds, which have specific assets pledged as collateral, unsecured bonds rely solely on the creditworthiness and ability of the bond issuer to repay the principal and interest.

The bondholder holds a general claim on the issuer's assets, but in the event of default or bankruptcy, they are not guaranteed repayment from any specific asset. Therefore, the bondholder assumes a higher risk compared to holders of secured bonds.

Unsecured bonds often offer higher interest rates to compensate for the increased risk.

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Which of the following does NOT characterize shape-note notation?a. it was created in order to standardize sacred melodiesb. it was based on solfege, syllables used to memorize musicc. the shape of a note denoted its solfege syllabled. it was first applied to tutorials for piano playing The rule of stare decisis serves which of the following functions? Efficeincy It makes the law more uniform It makes that law more predictable All of the above A federal statute lists the types and amounts of nutrients that infant formula must contain. The statute also provides that the FDA may "by regulation" revise the list or change the amounts prescribed by statute. The statute itself does not provide any standard for these revisions. Does the statute violate the delegation doctrine? Yes, because the statute does not provide an intelligible standard to direct the agency to act. Yes, because in the absence of an explicitly articulated standard, Congress cannot delegate. 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ABC company's planned produced 10000 unit during of years and beginning is 2000 unit and sale 8000 unit If variable cost during years is 25 per unit and the prior years is 20 per unit And fixed over head during years is follow depreciation on factory is 350000 Salaries of sale person is 20000 And depreciation of equipment is 150000 And depreciation of factory is 150000 If the employee working during years is 24000 labour hour And machine hour is 30000 If allocate (oh) cost based on unit of production The final is all fixed cost is 200000 If unit percentage of completion for being unit to conversion cost is 70% and the company used the fifo method to calculate inventory So Can you calculate cost of product as a classification to FG only for CONVERSION COST AND DAERICT MATERIAL If (cc)=fixed cost ABC company's planned produced 10000 unit during of years and beginning is 2000 unit and sale 8000 unit If variable cost during years is 25 per unit and the prior years is 20 per unit And fixed over head during years is follow depreciation on factory is 350000 Salaries of sale person is 20000 And depreciation of equipment is 150000 And depreciation of factory is 150000 If the employee working during years is 24000 labour hour And machine hour is 30000 If allocate (oh) cost based on unit of production The final is all fixed cost is 200000 If unit percentage of completion for being unit to conversion cost is 70% and the company used the fifo method to calculate inventory So Can you calculate cost of product as a classification to FG only for CONVERSION COST AND DAERICT MATERIAL If (cc)=fixed