Giving opening balance of relevant accounts related to item "Tangible fixed asset" in Balance sheet; 3 transactions of increase of Fixed asset; 3 transactions of decrease of fixed assets Required: 1. Make journal entries for the above transaction 2 Present item "Tangible fixed asset" at the end of accounting .

The coverage amount on a group credit life policy is subject to limitations.

Group credit life insurance policies provide coverage for a group of individuals, typically associated with a common organization or affiliation, such as employees of a company or members of an association. These policies are designed to cover outstanding debts or loans in the event of the insured individuals' death. However, the coverage amount on a group credit life policy is typically limited.

The limitation on coverage amount is determined by several factors, including the policy terms and conditions, the maximum insurable amount specified by the insurance provider, and the total outstanding debt or loan amount of the insured individuals.

The purpose of the limitation is to ensure that the coverage remains within reasonable and sustainable limits for the insurer, while still providing adequate protection to the insured group.

It is important for individuals considering group credit life insurance to carefully review the policy terms and understand the coverage limitations. This will help them assess whether the provided coverage amount aligns with their needs and financial obligations.

Additionally, individuals should consider any additional coverage they may require beyond the limitations of the group credit life policy, such as individual life insurance policies, to ensure comprehensive financial protection.

Learn more about life policy here :

https://brainly.com/question/27992972

#SPJ11

The amount of coverage on a group credit life policy is limited to certain factors including claims, costs of running the company and leaving room for profits.

The amount of coverage on a group credit life policy is limited to the average person's claims, the costs of running the company and leaving room for the firm's profits. Actuarially fair insurance premiums accurately reflect the risk group of individuals, so certain people may end up paying considerable amounts based on their expected costs.

For example, insurance companies may generally charge higher premiums for individuals with chronic diseases, elderly individuals, or young male drivers who have higher risks. Thus, Individuals pay actuarially fair insurance rates depending on their risk category, with some paying more due to their higher risks.

https://brainly.com/question/32768748

#SPJ6

To calculate Sigmon Inc.'s average collection period in 20Y3, we need to determine the number of days it took the company to collect its receivables on average. The average collection period is calculated by dividing the accounts receivable balance by the average daily credit sales.

To calculate the average daily credit sales, we need the total credit sales for the year and the number of days in the year. However, the financial data provided does not include the credit sales information. Without this information, it is not possible to calculate the average collection period accurately.

To horizontally analyze the financial data, we would compare the relevant financial figures from different periods, such as comparing the accounts receivable balance or the sales figures from 20Y2 to 20Y3. However, without specific financial data to analyze, it is not possible to perform a horizontal analysis.

Therefore, without additional information regarding credit sales, we cannot calculate the average collection period or perform a meaningful horizontal analysis of the financial data.

Learn more about credit sales here:

https://brainly.com/question/32191042

#SPJ11

After the new deposit but prior to asset transformation, the bank has excess reserves of $61, and after asset transformation, where excess reserves are zero, the bank's total value of loans is $775.

To calculate the excess reserves after the new deposit and the total value of loans after asset transformation, we need to follow the steps:

Calculate the required reserves based on the required reserve ratio:
Required Reserves = Checkable Deposits * Required Reserve Ratio
Required Reserves = $880 * 0.05
Required Reserves = $44

Calculate the excess reserves before asset transformation:
Excess Reserves = Reserves - Required Reserves
Excess Reserves = $105 - $44
Excess Reserves = $61

Calculate the new total reserves after the new deposit:
Total Reserves = Reserves + New Deposit
Total Reserves = $105 + $64
Total Reserves = $169

Calculate the new total deposits after the new deposit:
Total Deposits = Checkable Deposits + New Deposit
Total Deposits = $880 + $64
Total Deposits = $944

Calculate the new required reserves based on the required reserve ratio and total deposits:
New Required Reserves = Total Deposits * Required Reserve Ratio
New Required Reserves = $944 * 0.05
New Required Reserves = $47.2

Calculate the new excess reserves after asset transformation:
New Excess Reserves = Total Reserves - New Required Reserves
New Excess Reserves = $169 - $47.2
New Excess Reserves = $121.8

Calculate the total value of loans after asset transformation:
Total Loans = Total Deposits - Total Reserves
Total Loans = $944 - $169
Total Loans = $775

Therefore, the correct answer is:
After the new deposit but prior to asset transformation, the bank has excess reserves of $61, and after asset transformation, where excess reserves are zero, the bank's total value of loans is $775.

Visit to know more about Deposit:-

brainly.com/question/13758092
#SPJ11

To calculate the rate of return for an investor who buys a one-year bond at issuance and holds it to maturity, we need to consider the coupon payments received and the gain or loss from the difference between the purchase price and the face value.

Given:

Annual coupon: 6% of $1,000 = $60

Face value: $1,000

Purchase price: $963.75

The total return from the bond investment consists of two components:

Coupon Payments: The investor will receive a coupon payment of $60 at the end of the year.

Gain or Loss from Difference in Purchase Price and Face Value: The difference between the purchase price and the face value represents either a gain or a loss.

Face Value - Purchase Price = $1,000 - $963.75 = $36.25

Since the bond was purchased at a discount (below the face value), the investor will experience a gain of $36.25 when the bond matures.

The total return is the sum of the coupon payments and the gain:

Total Return = Coupon Payments + Gain or Loss

Total Return = $60 + $36.25

Total Return = $96.25

To calculate the rate of return, we divide the total return by the initial investment (purchase price) and express it as a percentage:

Rate of Return = (Total Return / Purchase Price) x 100

Rate of Return = ($96.25 / $963.75) x 100

Rate of Return ≈ 10%

Therefore, the rate of return for the investor who buys the bond at issuance for $963.75 and holds it to maturity is approximately 10%.

Learn more about investor  Visit : brainly.com/question/25311149

#SPJ11

The concept of market efficiency is used in the market to maximize both the consumer and the supplier surplus. It is worth noting that the society should not just be concerned with market efficiency when it comes to the exchange of buyers and sellers.

This is because there are many other factors that ought to be considered such as the external costs and benefits that are associated with that exchange.  Personal experience of maximizing surplus as a consumer 1a) A personal experience of when I purchased a product whereby I felt I maximized surplus as a consumer was when I went shopping for clothes at a retail store. During that day, I saw an amazing top that was on a 50% discount.

I decided to buy the top because I had planned to buy it and was happy that I got a discount. 1b) This qualifies as an example of consumer surplus because I got satisfaction from buying the product at a discounted price which gave me a feeling of satisfaction. Conclusion  society should not only be concerned with market efficiency when it comes to the exchange of buyers and sellers. This is because there are many other factors that ought to be considered such as the external costs and benefits that are associated with that exchange.

To Learn more about supplier surplus Click this!

brainly.com/question/23040788

#SPJ11

If Amber Inc. pays the invoice within the discount period, the amount of the discount for early payment is determined by the credit terms of 7/10, n/30. In this credit term, "7/10" means that a 7% discount is offered if payment is made within 10 days. "n/30" means that the full payment is due within 30 days.

To calculate the discount amount, we multiply the invoice amount by the discount percentage:

Discount amount = Invoice amount * Discount percentage

Discount percentage = 7% = 0.07

Invoice amount = $29,900

Discount amount = $29,900 * 0.07 = $2,093

Therefore, if Amber Inc. pays the invoice within the discount period, the amount of the discount for early payment is $2,093.

Learn more about credit terms here:

https://brainly.com/question/31963052

#SPJ11

The GDP deflator is equal to nominal GDP divided by real GDP. This can be written as follows:Answer: Nominal GDP divided by real GDP.Long answer:The GDP deflator is a price index used to measure the change in prices of all new and final goods and services produced in an economy.

It measures the inflation and deflation in an economy. The GDP deflator is calculated as the ratio of nominal GDP to real GDP. Nominal GDP refers to the total monetary value of all final goods and services produced in an economy in a given period. On the other hand, real GDP is nominal GDP adjusted for inflation.Real GDP accounts for changes in the price level and makes it easier to compare economic performance from one period to another. By dividing nominal GDP by real GDP, we get the GDP deflator.

This ratio tells us how much of the change in nominal GDP is due to changes in prices and how much is due to changes in quantities.The formula for calculating the GDP deflator is:GDP deflator = (Nominal GDP / Real GDP) x 100The GDP deflator is an important indicator of the inflation rate in an economy. If the GDP deflator is increasing, it means that the prices of goods and services in the economy are rising, indicating inflation. Conversely, if the GDP deflator is decreasing, it indicates that prices of goods and services are falling, indicating deflation.EXPLANATION:The correct answer is: Nominal GDP divided by real GDP.

To know more about nominal visit:

https://brainly.com/question/29291215

#SPJ11

According to the U.S. Securities and Exchange Commission, it limits who can bring civil action in cases involving the audit of U.S. companies.

Disclaimers of liability in audit reports are common in the United Kingdom, but their effectiveness in limiting civil liabilities may vary in different jurisdictions. In the context of the U.S. Securities and Exchange Commission (SEC), including a disclaimer of liability in an audit report does not limit civil or criminal liability against auditors of U.S. companies. Instead, it primarily limits who can bring civil action in cases related to the audit of U.S. companies.

The inclusion of a disclaimer of liability does not absolve auditors from their professional responsibilities or legal obligations. Auditors are still subject to legal scrutiny and potential liability for any negligence or failure to meet auditing standards. The effectiveness and impact of such disclaimers can depend on specific laws, regulations, and legal precedents in different jurisdictions. Therefore, it is important for auditors to understand the legal implications and requirements of the jurisdictions in which they operate to appropriately manage their liabilities.

Learn more about liabilities here:

https://brainly.com/question/15006644

#SPJ11

According to the Freudian theory, the self can be divided into three parts - the id, ego, and superego. The id is our unconscious self that contains our desires and impulses.

The ego is the conscious self that mediates between the id and the external world. The superego is our moral compass and strives for perfection and idealism. An example of an advertisement that uses Freudian theory is the Calvin Klein ad campaign that features highly sexualized images. These ads play on the viewer's unconscious desires and impulses (the id) to create an association between the brand and these desires. The relationship between the message of the ad and the Freudian theory of the self is that the ad is appealing to the viewer's unconscious desires, which is the id. The ad creates a strong association between the brand and these desires, which makes the viewer more likely to purchase the product.

Conformity is the tendency to adjust one's thoughts, feelings, or behaviors to fit in with a group or society. We feel the need to conform because it helps us to fit in and feel accepted by our peers. Conformity affects our consumption behavior by influencing the products we buy, the brands we choose, and the behaviors we engage in.

To learn more about Freudian theory, visit here

https://brainly.com/question/32509118

#SPJ11

To describe the current state of the economy, it's important to consider various indicators and statistics such as GDP growth rate, unemployment rate, inflation rate, and consumer spending. These indicators provide insights into the overall health and performance of the economy.

One statistic that could stand out is the unemployment rate. High unemployment rates can indicate a sluggish economy, while low rates suggest a healthier job market and increased economic activity. For example, a recent statistic might show a decrease in the unemployment rate, suggesting a positive trend in job creation and economic recovery.

In terms of a part-time job or anecdotal evidence, it would be relevant to mention personal observations or experiences related to the local job market, consumer behavior, or business conditions. These insights can provide a more nuanced perspective on the current state of the economy.

The number one concern regarding the economy may vary depending on the context and specific circumstances. However, a common concern in many economies is income inequality. One possible statistic to support this concern could be the Gini coefficient, which measures income inequality within a country. A high Gini coefficient indicates greater income inequality and can lead to social and economic challenges.

Assessing the current state of the economy requires a comprehensive analysis of relevant indicators and personal observations. It is essential to consider statistics such as unemployment rate and income inequality to understand the challenges and trends in the economy. However, without access to real-time data, it is important to rely on up-to-date and accurate sources to provide a more precise assessment of the current economic conditions.

To know more about economy, visit

https://brainly.com/question/28210218

#SPJ11

Production Budget and Direct Labor Budget for Choo-Foo Company’s production budget, direct labor budget, and direct materials budget are the key components of the company’s master budget. Choo-Foo Company has compiled the following information for 2020:

January February March April May Estimated unit sales11000110008000100008000Sales price per unit$55.00$52.30$52.30$52.30$52.30Direct labor hours per unit2.02.01.51.51.5Wage per direct labor hour$8.00$8.00$8.00$9.00$9.00For April, the contract calls for a wage increase to $9.00 per hour. The company has installed new labor-saving machinery, which will be fully operational by March 1.

The beginning balance for January is 15,000 frames, and the company plans to maintain an end-of-month inventory of 100% of the following month’s sales, plus 50% of the next month’s sales. The production budget for January, February, and March and the first quarter, as well as the direct labor budget for each month and the first quarter, are listed below: Production Budget for Choo-Foo Company January February March First  Quarter Estimated unit sales11,00011,0008,00030,000Add ending inventory10,00012,0006,000Sales

To know more about Production visit:

https://brainly.com/question/30333196

#SPJ11

Beta is the measure of a stock's volatility in relation to the overall market. The expected return on a stock is the rate of return that an investor anticipates earning based on past performance, future projections, and current market trends.

To calculate the risk-free rate of return, we must first understand the relationship between expected returns, beta, and market returns. Then we can apply the capital asset pricing model (CAPM) formula to solve for the risk-free rate of return. Here's how:In this scenario, the expected return on Tesla stock is 14.50%, and the expected return on the market is 13.2%. Tesla's beta is 1.15.The CAPM formula is: E(Ri) = Rf + βi [E(Rm) - Rf]Where,E(Ri) = expected return on investment i Rf = risk-free rate of returnβi = beta of the investmenti E(Rm) = expected return on the market Plug in the given values:14.50% = Rf + 1.15 (13.2% - Rf)Solve for Rf:Rf = 2.88%

Therefore, the risk-free rate of return is 2.88%. The CAPM formula can be used to calculate the expected return of any investment based on its risk (beta) and the market's expected return.

To know more about Rate of Return visit-

https://brainly.com/question/17164328

#SPJ11

From the perspective of a Native American Indian, the Dutch would be the best European power to encounter due to their relatively peaceful and fair interactions. On the other hand, the Spanish would be the worst due to their aggressive colonization methods and mistreatment of indigenous populations. The French and English encounters fall somewhere in between, with the French showing some respect for Native American culture but still asserting their dominance, while the English exhibit a mix of cooperation and conflict.

As a Native American Indian, the encounter with the Dutch would be the most favorable. The Dutch approach colonization with a focus on trade and cooperation rather than forceful conquest. They establish mutually beneficial relationships with Native American tribes, engaging in fair trade practices and respecting indigenous cultures to some extent.

The Dutch prioritize economic exchange and maintain relatively peaceful interactions with Native Americans.

Conversely, the Spanish encounter would be the worst. The Spanish colonization of the Americas is marked by a history of violence, exploitation, and forced labor.

They bring diseases that devastate Native American populations, and their quest for gold and power leads to the enslavement and mistreatment of indigenous people. The Spanish aim to dominate and control the land, disregarding the rights and well-being of Native Americans.

The French and English encounters fall in between these extremes. The French exhibit some level of respect for Native American cultures and form alliances with certain tribes for economic and military purposes.

However, they still assert their dominance and influence over indigenous lands. The English initially establish cooperative relationships with Native American tribes, engaging in trade and forming alliances. However, conflicts arise as English settlements expand and encroach upon Native American territories, leading to tensions and violence.

Overall, the encounters with European powers bring about complex and varied experiences for Native American Indians. While the Dutch offer more peaceful and fair interactions, the Spanish represent the worst encounter due to their brutal colonization methods.

The French and English fall somewhere in between, exhibiting both cooperation and conflict in their interactions with indigenous populations.

Learn more about economic exchange here :

https://brainly.com/question/30511827

#SPJ11

Total interest cost:  $316.66, On the 100th day balance:$7,386.67, On the 180th day balance after the payment:$3,686.67 and Final payment- $3,748.67.

a. To calculate the total interest cost using the U.S. Rule, we need to find the interest accrued on each partial payment and sum them up.

Interest on the first partial payment:

$6,400 * 0.12 * (100/360) = $213.33

Interest on the second partial payment:

$3,700 * 0.12 * (80/360) = $103.33

Total interest cost: $213.33 + $103.33 = $316.66

b. To calculate the balances using the U.S. Rule, we start with the principal amount and subtract the partial payments along with the accrued interest.

On the 100th day balance:

$14,000 - $6,400 - $213.33 = $7,386.67

On the 180th day balance after the payment:

$7,386.67 - $3,700 = $3,686.67

c. To calculate the final payment using the U.S. Rule, we start with the remaining balance and add the accrued interest.

Final payment:

$3,686.67 + ($3,686.67 * 0.12 * (60/360)) = $3,748.67

To know more about interest cost refer to-

https://brainly.com/question/31589721

#SPJ11

Responsiveness is a performance dimension that considers how quickly operations and supply chains can respond to the unique needs of customers.

Responsiveness is a critical performance dimension in operations and supply chain management. It refers to the ability of an organization to quickly and effectively respond to the unique needs and demands of its customers. This dimension focuses on the speed and flexibility of operations and supply chains to adapt and meet customer requirements.

In a competitive business environment, customers often have varying preferences, changing demands, and short lead times. Therefore, organizations need to be responsive to these dynamic market conditions to stay competitive and satisfy customer expectations. This involves efficiently managing inventory, production processes, and distribution channels to minimize response time and deliver products or services in a timely manner.

Responsiveness encompasses various aspects such as lead time reduction, agile manufacturing, quick response to customer inquiries, flexible production systems, efficient order processing, and effective supply chain coordination. By prioritizing responsiveness, organizations can enhance customer satisfaction, increase market share, and gain a competitive advantage in today's fast-paced and ever-changing business landscape.

Learn more about supply chains from here:

https://brainly.com/question/31978808

#SPJ11

Project Name: Accounting Information system Methodology SelectionWhen it comes to selecting an appropriate methodology for the Accounting Information system project, it is critical to first understand the nature of the project and the objectives that are expected to be achieved. The two methodologies that will be compared in this context are the Waterfall methodology and the Agile methodology.

Waterfall methodology is a traditional software development methodology that is linear and sequential. The waterfall model follows a rigid sequence, where each phase must be completed before moving on to the next. The development process is separated into various stages, each of which is distinct and unambiguous. The Waterfall methodology requires extensive documentation to be created at every stage of the project life cycle, which is beneficial for future maintenance and upgrading.The Agile methodology, on the other hand, is a relatively new development methodology that is iterative and adaptive. The Agile methodology is a collection of methodologies that are based on the Agile Manifesto, which prioritizes customer satisfaction through the delivery of a working software at regular intervals. In the Agile methodology, each iteration or sprint is dedicated to delivering a specific function or feature, with the end product being a working prototype of the project. Furthermore, in an Agile methodology, changes and improvements to the system can be made at any point during the project life cycle because the emphasis is on adaptability and flexibility.Based on the nature of the Accounting Information system project, it is recommended that the Agile methodology be adopted. The Agile methodology, with its emphasis on adaptability and flexibility, is ideally suited for Accounting Information system development projects. In addition, the Accounting Information system project is complex and requires the active participation of stakeholders in the development process, which is supported by the Agile methodology through its focus on communication and collaboration between the development team and the stakeholders. Finally, the Agile methodology's iterative nature allows the development team to make changes and improvements as needed, ensuring that the end product meets the needs of the stakeholders. Therefore, the Agile methodology is the most suitable methodology for the Accounting Information system project. If we take a look at the pros and cons of the methodologies, Waterfall might be considered a more reliable choice, but its rigidity and less flexibility may hinder the project's progress. Agile, on the other hand, can provide flexibility and timely implementation. Hence, Agile methodology will be chosen.

To know more about Waterfall methodology visit:

https://brainly.com/question/32246599

#SPJ11

The retailer known for their iconic "blue light specials" is Kmart. Blue light is the light used in screens such as laptop, mobile phones and television.

Blue Light Specials is a promotional practice that was initiated by the Kmart company in 1965 in which a store employee would switch on a revolving blue light and offer a discount for a limited period of time (generally around 15 minutes) on products throughout the store. This promotion became so popular that it became synonymous with the Kmart brand, and the company also expanded into other retail areas.

Kmart was a department store chain that gained popularity in the mid-20th century. They introduced the concept of bluelight specials, which were surprise in-store sales announced over the loudspeakers. During a blue light special, a flashing blue light would be placed in a specific department, and customers would rush to find discounted items before the sale ended.

The bluelight specials became a recognizable and exciting feature of the Kmart shopping experience. However, it's worth noting that Kmart has faced financial difficulties in recent years and has closed many of its stores.

Learn more about departmental store here: https://brainly.com/question/27909654

#SPJ11

Speedy Delivery's depreciation for the first two years on the plane using the straight-line method, units-of-production method, and the double-declining balance method. The airplane's book value at the end of the first year under each depreciation method is also calculated above.

Straight-line method:

The depreciation cost per year can be calculated by using the straight-line depreciation method.

Depreciation per year = (Cost of asset - Residual value) / Useful life of asset

Depreciation per year = ($48,400,000 - $4,400,000) / 5 years = $8,000,000

Using the straight-line method, the depreciation for 2020 and 2021 is calculated as follows:

Depreciation for 2020 = $8,000,000

Depreciation for 2021 = $8,000,000

Units-of-production method:

Under this method, depreciation cost per mile can be calculated as follows:

Depreciation cost per mile = (Cost of asset - Residual value) / Total expected miles the asset will be drivenDepreciation cost per mile = ($48,400,000 - $4,400,000) / 5,000,000 miles = $8.4

Using the units-of-production method, depreciation per year is calculated as follows:

Depreciation for 2020 = $8.4 × 835,000 miles = $6,994,000

Depreciation for 2021 = $8.4 × 1,325,000 miles = $11,130,000

Depreciation for 2022 = $8.4 × 1,325,000 miles = $11,130,000

Depreciation for 2023 = $8.4 × 1,325,000 miles = $11,130,000

Depreciation for 2024 = $8.4 × 190,000 miles = $1,596,000

Double-declining balance method:In this method, the book value of the asset is reduced by twice the straight-line depreciation rate every year. The double-declining balance rate can be calculated as follows:

Double-declining balance rate = (100% / Useful life) × 2Double-declining balance rate = (100% / 5 years) × 2

Double-declining balance rate = 40%Using the double-declining balance method, the depreciation per year is calculated as follows:

Depreciation for 2020 = $48,400,000 × 40% = $19,360,000 (cannot exceed book value)

Depreciation for 2021 = ($48,400,000 - $19,360,000) × 40% = $11,616,000Book value at the end of the first year:

The book value of an asset can be calculated by subtracting the accumulated depreciation from the cost of the asset.

Book value at the end of 2020 using straight-line depreciation method = $48,400,000 - $8,000,000 = $40,400,000

Book value at the end of 2020 using units-of-production method = $48,400,000 - $6,994,000 = $41,406,000

Book value at the end of 2020 using double-declining balance method = $48,400,000 - $19,360,000 = $29,040,000

Therefore, Speedy Delivery's depreciation for the first two years on the plane using the straight-line method, units-of-production method, and double-declining balance method are shown above. The airplane's book value at the end of the first year under each depreciation method is also calculated above.

Know more about straight-line method here:

https://brainly.com/question/30243743

#SPJ11

Pros of Social Aspects in Advertising:

Consumer Education: Advertising plays a crucial role in educating consumers about new products, services, and innovations in the market. Well-designed ads can provide valuable information that helps consumers make informed purchasing decisions.

Economic Impact: Advertising fuels economic growth by promoting business activities and driving consumer demand. It creates job opportunities, supports industries, and contributes to overall economic development.

Creative Expression: Advertising has the potential to be a form of art, utilizing creative elements such as visuals, storytelling, and design. It allows advertisers to convey messages in imaginative and engaging ways, capturing audience attention and fostering appreciation for creativity.

Cons of Social Aspects in Advertising:

Misleading or Deceptive Practices: Some advertisements can mislead consumers by exaggerating product claims or using deceptive tactics. Misleading ads can create false expectations, leading to dissatisfaction and distrust among consumers.

Manipulation and Influence: Advertising has the power to influence consumer behavior and shape perceptions. Advertisers often employ persuasive techniques to create desire or manipulate emotions, potentially impacting consumers' standard of living and financial decisions.

Demeaning or Exploitative Content: Certain advertisements may contain demeaning or exploitative content, objectifying individuals or reinforcing stereotypes. Such ads can perpetuate harmful social norms and negatively impact marginalized groups.

When analyzing a specific ad, it is essential to consider its impact on consumer education, the standard of living, happiness, influence on mass media, and whether it is demeaning or artful. This analysis requires a visual representation of the ad and a detailed examination of its content, message, and intended target audience. By critically assessing these factors, one can determine whether the ad effectively educates consumers, enhances or misleads their standard of living, influences mass media positively or negatively, and portrays a demeaning or artful representation

Learn more about Advertising here: brainly.com/question/32251098

#SPJ11

(1) Total cost per unit: $18 per unit

1. Compute the unit product cost under Absorption costing and Variable costing:

Unit product cost under absorption costing

Direct materials: $4

Direct labor: $5

Variable manufacturing overhead: $6

Fixed manufacturing overhead: ($1 + $18,000 ÷ 1,800) = $11 per unit

Total cost per unit: $26 per unit

Unit product cost under variable costing

Direct materials: $4

Direct labor: $5

Variable manufacturing overhead: $6

Variable selling and administrative: $3

Total cost per unit: $18 per unit

Know more about cost per unit here:

https://brainly.com/question/205480

#SPJ11

The return on stock can be calculated by adding the product of the stock's beta and the market risk premium to the risk-free rate.

To calculate the return on stock based on the measure of systematic risk, we can use the Capital Asset Pricing Model (CAPM). CAPM relates the expected return on an investment to its systematic risk, as measured by beta. The formula for calculating the expected return is:

Expected Return = Risk-Free Rate + Beta * (Market Risk Premium)

The risk-free rate represents the return on a risk-free investment, such as government bonds. Beta measures the sensitivity of the stock's returns to market movements. The market risk premium is the excess return investors expect to earn for taking on the systematic risk of the overall market.

By using the stock's beta and the market risk premium, we can estimate the expected return on the stock. This calculation takes into account the systematic risk associated with the stock and provides a measure of the return that compensates for that risk.

Therefore, the CAPM approach allows us to estimate the return on stock by incorporating the stock's beta and the market risk premium. It provides a framework for evaluating the expected return based on the systematic risk associated with the stock and helps investors make informed investment decisions.

To know more about stocks, visit:

https://brainly.com/question/32734274

#SPJ11

Phil, the HR manager, asks Tina, the sales manager, not to make statements promising job security and loyalty to applicants. The reason behind this request can be explained as a legal and compliance concern.

The reason Phil asks Tina not to make statements about job security and loyalty is due to legal and compliance considerations. Making such promises can create a contractual obligation or expectation of job security, which may not be legally enforceable. Employment relationships are typically governed by employment contracts or agreements that outline the terms and conditions of employment. Making promises of job security without proper documentation can create misunderstandings and potential legal liabilities for the company.

Employment laws and regulations vary by jurisdiction, but in general, employers need to be cautious about making promises that go beyond the terms of the employment agreement. Phil's request is to ensure that the company remains compliant with applicable employment laws and protects itself from potential legal risks. It is important for organizations to have clear and consistent policies regarding employment terms, including job security, to avoid misunderstandings and potential legal disputes.

Learn more about Employment here:

https://brainly.com/question/29603057

#SPJ11

The product tree for the given indented BOM is as follows:The answer to the given questions is as follows:1. In order to make 1 unit of A, we need 2 units of C. 2. In order to make 25 units of A, we need 25 * 2 = 50 units of E. 3. In order to make 10 units of A, we need 10 * 2 = 20 units of G. 4.

The planned order releases for A are given as follows: Period 2: 20Period 4: 40Period 5: 25Gross requirements for B in period 2 will be: 20 * 3 = 60Gross requirements for B in period 4 will be: 40 * 3 = 120Gross requirements for B in period 5 will be: 25 * 3 = 755. The planned order releases for B are given as follows:Period 2: 30Period 4: 45Period 5: 35 Gross requirements for C in period 2 will be: 30 * 2 = 60.

Gross requirements for C in period 4 will be: 45 * 2 = 90Gross requirements for C in period 5 will be: 35 * 2 = 706. The planned order releases for E are given as follows:Period 1: 40Period 3: 55Period 5: 80Gross requirements for F in period 1 will be: 40 * 1 = 40Gross requirements for F in period 3 will be: 55 * 1 = 55Gross requirements for F in period 5 will be: 80 * 1 = 807. The components of C are D and G. 8. The components of A are B, C, and E.

To know more about product visit :

https://brainly.com/question/31815585

#SPJ11

The cost of equity capital (Ke) of IBM's share is 11.21% approximately, which means the correct option is (A) 11.21%.

Cost of equity capital (Ke)The cost of equity capital is the return a company requires to attract equity investors to purchase shares of its stock.

It is calculated by dividing the total amount of dividends paid out over a year by the value of the company’s stock.

Considering the above formula we can derive an equation for cost of equity capital (Ke) using the dividend discount model (DDM).

The dividend discount model (DDM) can be defined as a procedure to value the stock price of a company by discounting the expected dividend payments.

The formula for DDM is shown below:

Po = D1/(Ke-g)

where

Po = the price of the stock

D1 = the dividend to be paid at the end of the year

Ke = the cost of equity capital

g = the growth rate of the dividends per share.

Substituting the given values in the above formula, we get:

Po = D1/(Ke-g)95

= 4/(Ke-0.07)95Ke - 6.65

= 4

Ke = (4 + 6.65) / 95Ke

= 0.11 or 11.21%.

Hence, the cost of equity capital (Ke) of IBM's share is 11.21% approximately.

Therefore, the correct option is (A) 11.21%.

To know more on equity visit:

https://brainly.com/question/31458166

#SPJ11

Competitor information can be obtained from various sources, including promotion material, press releases, recruitment ads, and trade sources. These sources provide valuable insights into a competitor's activities, strategies, and market positioning.

To gain a competitive edge in the market, businesses need to stay informed about their competitors' actions and initiatives. One of the sources of competitor information is promotion material, such as advertisements, brochures, and websites. These materials often highlight a competitor's products, features, pricing, and marketing messages, offering insights into their positioning and target audience.

Press releases issued by competitors are another valuable source of information. These official announcements provide details about new product launches, partnerships, acquisitions, and other significant developments within the competitor's organization. Analyzing press releases can help businesses understand their competitors' growth strategies, industry involvement, and market expansion plans.

Recruitment ads can also provide insights into a competitor's organizational structure, talent acquisition efforts, and potential areas of focus. Job postings may reveal new projects or initiatives, skill requirements, and areas where the competitor is actively hiring, indicating their strategic priorities.

Trade sources, such as industry publications, market research reports, and trade associations, offer a wealth of information about competitors. These sources provide comprehensive market analysis, industry trends, competitor profiles, and performance data. They help businesses gain a broader understanding of the competitive landscape, market dynamics, and emerging opportunities or threats.

By leveraging these diverse sources of competitor information, businesses can make informed decisions, identify market gaps, benchmark their own performance, and develop effective strategies to stay ahead in the market.

To learn more about promotion material click here: brainly.com/question/15391643

#SPJ11

The cash balance on Egrane's books (before the adjustments for items on the bank reconciliation) is $18,950.the cash balance on the Egrane's books (before the adjustments for items on the bank reconciliation) is $18,950. Answer: $18,950.

A bank statement is a record of a customer's banking transactions from a particular account for a given period that is provided by the financial institution.

Bank statements are typically delivered as a paper document, but they can also be accessed electronically.Bank reconciliations are used by businesses to compare their accounting records to their bank records in order to identify differences and to reconcile the differences. When the two accounts are reconciled, the difference between them is the reconciling item. The reconciling items could include, for example, interest earned but not recorded in the books, deposits in transit, and outstanding checks. The differences will be resolved so that both the accounting records and the bank statement match.

To get the cash balance on Egrane's books before adjustments, we will start by adding the outstanding deposit to the bank statement balance. Outstanding deposit + Bank statement balance$2,450 + $20,400 = $22,850. Then, we will deduct the total of the outstanding checks and NSF check. Outstanding checks + NSF check$3,900 + $2,600 = $6,500. We will subtract this from $22,850:22,850 - 6,500 = 16,350Then, we will add the EFT deposit of $3,400.16,350 + 3,400 = $19,750Therefore,

To learn more about bank statement, visit here

https://brainly.com/question/15525383

#SPJ11

If the quantity of teachers employed falls due to technological progress increasing their productivity and the demand for teachers, the equilibrium wages will rise.

When the quantity of teachers employed falls due to technological progress increasing their productivity and the demand for teachers, the equilibrium wages will rise in the labor market.

Technological progress and increased productivity: Technological progress can enhance the productivity of teachers by providing them with tools, resources, and educational technologies that improve their teaching effectiveness.

This increased productivity can lead to a higher demand for teachers in the labor market.

Decrease in the quantity of teachers employed: Despite the increased demand for teachers, if technological progress significantly improves their productivity, fewer teachers may be needed to meet the educational needs.

This decrease in the quantity of teachers employed can be attributed to the higher efficiency and effectiveness brought about by technology.

Impact on equilibrium wages: As the quantity of teachers employed falls while the demand for teachers rises, the labor market for teachers experiences a decrease in the supply of available teachers.

This decrease in supply relative to demand leads to an upward pressure on wages. To attract and retain qualified teachers, schools and educational institutions may need to offer higher wages to compete in the labor market.

Equilibrium quantity of teachers employed: The equilibrium quantity of teachers employed can be expected to decrease due to the impact of technological progress on productivity.

However, the specific magnitude of this decrease depends on the balance between the increased demand for teachers and the reduction in the quantity of teachers needed to meet that demand.

In summary, if the quantity of teachers employed falls as a result of technological progress increasing their productivity and the demand for teachers, the equilibrium wages in the labor market for teachers will rise.

Know more about the equilibrium wages click here:

https://brainly.com/question/29222514

#SPJ11

The political business cycle refers to the possibility that incumbents politicians will use economic policies to enhance their chances of being reelected. The business cycle is a general concept that involves a series of upswings and downturns in an economy, characterized by changes in levels of economic activity such as employment, production, and income.

The political business cycle is a particular type of business cycle that occurs when politicians manipulate economic policies to win reelection. One of the main strategies used in the political business cycle is to increase spending and lower taxes before an election to stimulate the economy, which can improve the chances of reelection by increasing the incumbent's popularity. In contrast, the opposite strategy is often used after an election, with reduced spending and increased taxes. The US public debt is mostly held internally, which means that the bulk of the public debt is owned by US citizens and institutions. This is an important factor in determining the impact of the public debt on the US economy. When the US government issues bonds to finance its activities, it is essentially borrowing money from the public. If the debt were held mainly by foreign governments or investors, the US would be more vulnerable to external pressures, such as changes in interest rates. By contrast, when the debt is mostly held internally, the US has greater control over the interest rates it pays, which can help to minimize the economic burden of the public debt. Money functions as a unit of account, medium of exchange, store of value, and standard of value. A unit of account is a standard measure used to compare the value of different goods and services, such as dollars. A medium of exchange is something that is widely accepted as payment for goods and services, such as currency. A store of value is something that retains its value over time, such as gold. A standard of value is a fixed measure of value used to set prices, such as the gold standard.

To know more about political business cycle visit:

https://brainly.com/question/28342813

#SPJ11

The interest rate must be at least 7.2% for the investment to reach $1 million at retirement.

Given:

Investment = $7,350 per year

Time period = 30 years

Total savings = $1,000,000

Required:

Interest rate

Solution:

We can use the future value of an annuity formula to solve the problem.

FV = PMT × (((1 + r)n - 1) / r)

Where,

FV = future value of an annuity

PMT = payment per period

r = interest rate

n = number of periods

We know that the engineer invests $7,350 at the end of every year for 30 years.

Therefore,

PMT = $7,350n = 30

We can substitute the given values in the formula above and rearrange the formula to solve for r.

FV = $1,000,000

PMT = $7,350

n = 30

r = ?

$1,000,000 = $7,350 × (((1 + r)30 - 1) / r)

Now, we can solve for r using trial and error or by using a financial calculator.

Using a financial calculator, we can find that the interest rate must be at least 7.2% for the investment to reach $1 million at retirement.

Learn more about the future value of an annuity: https://brainly.com/question/28591772

#SPJ11

Ideally, a project manager should be selected and assigned during the initiating processes of the project life cycle.

The project manager plays a critical role in the successful execution of a project, and ideally, they should be selected and assigned during the initiating processes of the project life cycle. Therefore, the correct answer is option B: "During the initiating processes." During the initiating processes, the project is defined, and its feasibility, objectives, and stakeholders are identified. It is at this stage that the project manager can contribute their expertise in project planning and management to ensure a smooth transition from the initial concept to the execution phase.

By selecting and assigning the project manager early on, the project team benefits from their involvement in key decisions and discussions that shape the project's direction. The project manager can collaborate with stakeholders, understand their requirements and expectations, and align them with the project's goals. They can also contribute to the development of the project charter, which outlines the project's scope, objectives, and initial plans. By engaging the project manager during the initiating processes, the project can benefit from their leadership, planning skills, and ability to provide strategic guidance from the beginning. This early involvement sets a strong foundation for effective project management throughout the entire project life cycle, increasing the chances of project success.

Learn more about project manager here

https://brainly.com/question/29767461

#SPJ11