Adjusted time. The use of an allowance factor to adjust the normal time in a stopwatch time study is an important tool for accurately measuring work performance and identifying opportunities for improvement.
In a stopwatch time study, the goal is to measure the time it takes for a worker to complete a task or a series of tasks. However, there may be normal delays or interruptions that occur during the work process, such as rest breaks or tool changes, that are not part of the actual work being timed. To account for these delays and interruptions, an allowance factor is added to the normal time to calculate the adjusted time.
The allowance factor is usually based on historical data or predetermined values for the type of work being timed. By adding the allowance factor to the normal time, the adjusted time reflects the actual time it would take to complete the work, including the normal delays and interruptions.
The adjusted time is an important metric in time studies as it provides a more accurate measure of the time it takes to complete a task. It can be used to identify areas for improvement in work processes, to set standard for performance, and to measure the effectiveness of process changes or improvements.
For more such question on Standard
https://brainly.com/question/15011480
#SPJ11
suppose that bobo purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. what is the price elasticity of bobo's demand curve? group of answer choices 0.235
The price elasticity of Bobo's demand curve is -9.596.
To calculate the price elasticity of demand, we can use the formula:
% change in quantity demanded / % change in price
First, let's calculate the % change in quantity demanded:
Quantity demanded at $19 = 1 pizza per month
Quantity demanded at $15 = 3 pizzas per month
% change in quantity demanded = (new quantity - old quantity) / old quantity x 100
% change in quantity demanded = (3 - 1) / 1 x 100
% change in quantity demanded = 200%
Next, let's calculate the % change in price:
Price at 1 pizza per month = $19
Price at 3 pizzas per month = $15
% change in price = (new price - old price) / old price x 100
% change in price = (15 - 19) / 19 x 100
% change in price = -20.79%
Now we can plug these values into the formula:
% change in quantity demanded / % change in price = 200% / -20.79%
Price elasticity of demand = -9.596
For more such questions on price elasticity
brainly.com/question/5078326
#SPJ11
: Question 5 5 pts You observe that a firm's return on equity (ROE) is above the industry average, but its return on assets (ROA) is below the industry average. Which one of the following statements must be true regarding this firm? Its equity multiplier must be greater than 2.0. Its net profit margin must be above the industry average. Its total assets turnover must be above the industry average. Its equity multiplier must be above the industry average.
The correct statement regarding this firm is that its equity multiplier must be greater than 2.0. This is because ROE is calculated as net income divided by equity, while ROA is calculated as net income divided by total assets.
If ROE is higher than the industry average, it means that the firm is generating more profit with its equity investment. However, if ROA is lower than the industry average, it means that the firm is not efficiently using its assets to generate profits. This can be compensated by increasing the equity multiplier, which is the ratio of total assets to equity. Therefore, if the equity multiplier is greater than 2.0, it indicates that the firm is using more debt financing to increase its total assets, which can boost its ROE despite a lower ROA. The other options are not necessarily true and can vary depending on the specific circumstances of the firm.
learn more about equity
https://brainly.com/question/384124
#SPJ11
In the design for the disabled video case, what recommendation did don norman have to improve a design model when designing for the disabled?
Don Norman recommended that designers should adopt a user-centered design approach when creating products for the disabled. This approach involves involving disabled users in the design process to ensure that their needs and requirements are considered from the outset.
By working collaboratively with disabled individuals, designers can gain a deeper understanding of the challenges they face and the design features that would be most beneficial.
Additionally, designers should create products that are versatile and adaptable, with features that can be customized to meet the unique needs and abilities of different users. By following these guidelines, designers can create products that are not only accessible but also user-friendly and empowering for users with disabilities.
Learn more about Don Norman
https://brainly.com/question/29236481
#SPJ4
5. As DeMarino establishes the sales relationship with the hospital and the surgeon, he should record information using a ______________________.
a. sales call report
b. CRM system
c. daily call report
d. sales forecast system
e. pipeline review
5. As DeMarino establishes the sales relationship with the hospital and the surgeon, he should record information using a a CRM system (Customer Relationship Management).
A CRM system is a software application that allows sales professionals to track all interactions with customers and prospects, manage customer data, and analyze customer behavior to improve sales and marketing efforts. By using a CRM system, DeMarino can easily record information about his sales calls, including who he spoke to, what was discussed, and any follow-up actions required. He can also track the progress of his sales pipeline and forecast future sales.
A CRM system provides valuable insights into customer needs and preferences, allowing DeMarino to tailor his sales approach and build stronger relationships with his customers. In summary, a CRM system is an essential tool for any sales professional looking to build and maintain successful relationships with customers and achieve long-term sales success.
Learn more about CRM system at:
https://brainly.com/question/13100608
#SPJ11
A public franchise gives the exclusive right to produce a product for 20 years from the date the product is invented. True or False.
The given statement, "A public franchise gives the exclusive right to produce a product for 20 years from the date the product is invented" is false because the time period depends upon the agreement and can range anywhere from 5-20 years.
Public franchise is a business restricted by the government or the concerned authority to be the sole distributor of the concerned product or service. The owner of the franchise licenses its operations.
Agreement is a contract or simply a promise between two individuals or parties related to some business or property. The agreement is in accordance with the will of the both the parties.
To know more about agreement, here
brainly.com/question/24225827
#SPJ4
Caldwell earned net income for 2014 of $78,750 and paid dividends of $30,000 during the year.What is AAP amortization for 2014?A) $2,200 CreditB) $2,200 DebitC) $800 DebitD) $800 Credit
To calculate the AAP amortization, we need to know the beginning balance of the AAP account, any current-year adjustments to the account, and the ending balance of the AAP account. These figures are not provided in the question.
Caldwell earned net income of $78,750 in 2014 and paid dividends of $30,000 during that year. However, the information provided is not sufficient to determine the AAP amortization for 2014. The options A) $2,200 Credit, B) $2,200 Debit, C) $800 Debit, and D) $800 Credit cannot be accurately chosen based on the given data. Additional information about the Accumulated Adjustments Account (AAP) is required to determine the correct answer.
AAP (Accumulated Adjustments Account) is an account that keeps track of a corporation's undistributed earnings and profits from previous years. The AAP balance at the end of the year is used to determine the tax consequences of any distributions made by the corporation to its shareholders.
learn more about AAP amortization here:
https://brainly.com/question/30905365
#SPJ11
Croft Company sold land costing $10,000 for $12,000. In the investing activities section of the statement of cash flows, the company will report:An inflow of $2,000
An inflow of $12,000
An outflow of $10,000
An outflow of $12,000
When Croft Company sold land costing $10,000 for $12,000, in the investing activities section of the statement of cash flows, the company will report an inflow of $12,000. Therefore, the correct option is option 2.
1. The land originally cost $10,000.
2. The company sold the land for $12,000.
3. The difference between the selling price and the cost is $2,000, which is the gain on the sale. However, this gain is not reported in the investing activities section.
4. In the investing activities section, the company will report the cash received from the sale in the statement of cash flows, which is $12,000.
This is because the sale of land for $12,000 represents cash inflow from investing activities. The cost of the land is not relevant for this section, as it represents a historical cost and not a cash transaction during the period.
So, the way company will report the selling of the land is Option 2: an inflow of $12,000.
Learn more about Investing activities:
https://brainly.com/question/29490352
#SPJ11
rose company sells its product for $100 per unit. the company's accountant provided the following cost information: manufacturing costs $ 25,000 45 % of sales selling costs $ 15,000 20 % of sales administrative costs $ 25,000 10 % of sales what is the company's break-even point in units? a. 1,000. b. 750. c. 2,600. d. 4,000.
The company's break-even point in units is 2600 units. The closest correct option is C.
To calculate the break-even point, we need to determine the total cost and contribution margin per unit.
Total Cost per Unit = (Manufacturing Costs + Selling Costs + Administrative Costs) / Number of Units
Total Cost per Unit = ($25,000 + $15,000 + $25,000) / X
Total Cost per Unit = $65,000 / X
Contribution Margin per Unit = Sale Price per Unit - Total Cost per Unit
Contribution Margin per Unit = $100 - ($65,000 / X)
To break even, the contribution margin must cover all fixed costs. Fixed costs are the sum of selling and administrative costs, which are $15,000 + $25,000 = $40,000.
Set the contribution margin per unit equal to the fixed costs and solve for X:
$100 - ($65,000 / X) = $40,000 / X
$60,000 = $25,000X
X = 2.4
Since we cannot sell a fraction of a unit, we must round up to the nearest whole number, which gives us a break-even point of 3,000 units.. The closest answer is option C (2,600).
Learn more about break-even point at:
brainly.com/question/22871926
#SPJ4
Suppose the required reserve ratio is 20 percent and a single bank with no excess reserves receives a $100 deposit from a new customer. the bank now has excess reserves equal to?
If the required reserve ratio is 20 percent and a single bank receives a $100 deposit from a new customer, the bank will be required to hold $20 in reserves (20 percent of $100). This means that the bank will only be able to lend out $80 of the deposit, keeping the remaining $20 as reserves.
Since the bank has no excess reserves prior to receiving the $100 deposit, the entire amount will count towards its reserves. Therefore, the bank will now have excess reserves equal to $80 ($100 deposit - $20 required reserves). Having excess reserves is important for banks as it allows them to lend out more money, earn interest on those loans, and potentially make a profit. However, banks must also balance their desire to earn profits with the need to maintain sufficient reserves to meet their customers' withdrawal demands and comply with regulatory requirements.
In summary, if a bank with no excess reserves receives a $100 deposit from a new customer and the required reserve ratio is 20 percent, the bank will have excess reserves equal to $80 ($100 deposit - $20 required reserves).
For more such questions on customer
https://brainly.com/question/380037
#SPJ11
describe 2 circumstances in which a reference to a pre-codification standard may be appropriate
A pre-codification standard refers to a standard that was established prior to the development of a formal codification process. There are two circumstances in which a reference to a pre-codification standard may be appropriate:
1. Historical Context: One reason to reference a pre-codification standard is when it is necessary to understand the historical context of a particular field or industry. In many cases, pre-codification standards were established by experts in the field and reflect best practices at the time. Therefore, referencing a pre-codification standard can help provide context for the development of current standards and guidelines.
2. Ongoing Use: Another reason to reference a pre-codification standard is when it is still widely used and considered to be relevant. In some cases, a pre-codification standard may have been superseded by a newer standard, but may still be used by certain organizations or industries. In such cases, referencing the pre-codification standard may be necessary to ensure consistency and clarity in communication.
Learn more about reference here:
https://brainly.com/question/29856092
#SPJ11
canada, the u.s. and mexico have a treaty called the north american free trade agreement. (nafta) it allows for the free exchange of goods across borders. the workers in mexico make $3 to $4 dollars an hour while american workers make about $15 an hour. how is nafta likely to effect the unemployment rate in the united states?
It's important to remember, though, that NAFTA may also lead to the creation of new employment in the US, particularly in sectors that profit from an increase in exports to Canada and Mexico.
For instance, a U.S. manufacturer of heavy machinery could decide to expand operations and recruit more staff in the country if NAFTA allows it to sell more goods to Canada and Mexico.
The North American Free Trade Agreement (NAFTA) has the potential to have a variety of effects on the unemployment rate in the US. US businesses may decide to move manufacturing to Mexico in order to benefit from cheaper labour expenses when they can import items from Mexico more affordably and readily.
Learn more about nafta Visit: brainly.com/question/27372794
#SPJ4
the popular tv show shark tank features wealthy individuals looking to part with some of their money in order to help others start a new business. in return for giving these would-be business owners money, the investors will receive part ownership in their business. these investors are called
The investors will get a piece of these would-be entrepreneurs' businesses in exchange for their financial support. Venture capitalists are the name given to these investors.
Rich people who want to donate some of their money to assist others launch new businesses can be seen on the popular television programme shark tank. A venture capitalist (VC) mostly finances start-up businesses in exchange for a share of their revenues.
Businesses benefit from venture capitalists in a variety of ways, including capital investment, analytical skills, money management, and closing investments. An investor in highly hazardous initiatives is known as a venture capitalist. Numerous venture capitalists are investing in the networking and software industries. The typical model involves the venture capitalist in mentoring and management.
Learn more about investors Visit: brainly.com/question/27717275
#SPJ4
Correct Question:
The popular tv show shark tank features wealthy individuals looking to part with some of their money in order to help others start a new business. in return for giving these would-be business owners money, the investors will receive part ownership in their business. these investors are called ______.
A company has interest expense of $60,000, income taxes expense of $180,200, and net income of $289,000. The company's times interest earned ratio equals: Multiple Choice Multiple Choice 8.82 4.82 7.82 3.00. 0.11
Interest is the cost of borrowing money or the compensation received for lending money or an asset to someone else.
The formula for calculating the time's interest earned ratio is (Net Income + Interest Expense + Income Tax Expense) / Interest Expense.
Using the information provided, we can plug in the numbers to get:
(Times Interest Earned Ratio) = (289,000 + 60,000 + 180,200) / 60,000
Simplifying this equation, we get:
(Times Interest Earned Ratio) = 8.82
Therefore, the company's times interest earned ratio is 8.82.
To learn more about “interest” refer to the https://brainly.com/question/2294792
#SPJ11
an extraordinarily small crop of farm products due to drought causes:_______.
An extraordinarily small crop of farm products due to drought causes several negative consequences for farmers and the broader economy.
Firstly, farmers who rely on the harvest of their crops to earn a living may face financial hardship due to reduced yields. They may struggle to cover their expenses, pay off debts, and provide for their families. This, in turn, can lead to reduced investment in their farms, which can affect their long-term viability and productivity.
Secondly, the scarcity of crops can lead to an increase in food prices, which can affect consumers' ability to afford basic necessities. This is particularly true in regions where food shortages are already prevalent, and the drought exacerbates an already precarious situation. Moreover, the rising cost of food can have a knock-on effect on other industries, such as food processing and transportation, leading to higher prices across the board.
Finally, a drought-induced crop failure can have broader economic implications. For instance, it can lead to reduced exports, which can impact a country's balance of trade and cause a fall in foreign exchange earnings. It can also lead to reduced tax revenues for the government, which can affect public services and infrastructure investment.In summary, an extraordinarily small crop of farm products due to drought causes financial hardship for farmers, food insecurity for consumers, and broader economic implications for countries and governments. It highlights the need for effective strategies to mitigate the impacts of drought and to support farmers during challenging times.
For more such questions on economy
https://brainly.com/question/28210218
#SPJ11
assume that the price of video game machines falls. what will most likely happen to the equilibrium price and quantity of video games, assuming this market is competitive?
If the price of video game machines falls, it is likely that the equilibrium price and quantity of video games will also decrease.
This is because video game machines and video games are complementary goods, meaning that a change in the price of one will affect the demand for the other.
If the price of video game machines decreases, more consumers will be able to afford them, leading to an increase in demand for video games.
However, since the market is competitive, producers will be motivated to decrease the price of video games in order to remain competitive and maintain their market share.
This will lead to a decrease in the equilibrium price of video games, while the quantity demanded and supplied of video games will increase.
For more such questions on quantity
brainly.com/question/30582967
#SPJ11
nancy cardoza invested $3,200 in exxonmobil stock because her research indicated the company should average a return for investors of 8 percent over the next 4 years. if exxonmobil investors do earn 8 percent each year, what will her $3,200 investment be worth at the end of 4 years? use exhibit 1-a. (round time value factor to 3 decimal places and final answer to 2 decimal places.)
Nancy's $3,200 investment in ExxonMobil stock will be worth approximately $4,596.99 at the end of 4 years, assuming an average return of 8% per year.
To calculate the future value of Nancy Cardoza's investment in ExxonMobil stock, we can use the formula for the future value of a single sum:
FV = PV *[tex](1+r)^{n}[/tex]
where PV is the present value, r is the annual interest rate, and n is the number of periods. In this case, Nancy invested $3,200 and expects to earn an 8% return each year for 4 years, so we have:
PV = $3,200
r = 8%
n = 4 years
FV = $3,200 × (1 + 0.08)[tex]^{4}[/tex] × 1.360 = $4,596.99
thus, Nancy's $3,200 investment in ExxonMobil stock will be worth approximately $4,596.99 at the end of 4 years, assuming an average return of 8% per year.
To learn about average return visit:
https://brainly.com/question/29561494
#SPJ4
When a person’s outcome to input ratio is equal to a referent others, there is a state of equity. Group of answer choices True False
It is true that when a person’s outcome to input ratio is equal to a referent others, there is a state of equity.
The given statement "when a person’s outcome to input ratio is equal to a referent others, there is a state of equity" is true because the outcome to input ratio refers to the ratio of what a person gets out of a situation compared to what they put into it. When this ratio is equal to that of referent others, who are people with similar backgrounds or in similar positions, then there is a sense of equity. This means that the person feels that they are being treated fairly and that their contributions are being appropriately recognized and rewarded.
On the other hand, if the ratio is unequal, then there is a sense of inequity and the person may feel that they are being treated unfairly or that their contributions are not being appropriately recognized or rewarded. Therefore, it is important for organizations and individuals to strive for equity in order to promote a positive and fair working environment.
To learn more about equity, visit: https://brainly.com/question/15475199
#SPJ11
under msrb rules, if a final official statement is not yet ready, at the time of settlement of a new municipal securities purchase:
A. the transaction becomes void
B. settlement is delayed until the Final Official Statement is prepared
C. the customer will be sent a copy of the Preliminary Official Statement
D. the customer will be sent an abstract of the Official Statement
Under MSRB rules, if a final official statement is not yet ready at the time of settlement of a new municipal securities purchase, the customer will be sent an abstract of the Official Statement.
The abstract will contain the essential information about the municipal security, such as its issuer, purpose, principal amount, maturity date, interest rate, and any other important details. This is done to ensure that the customer has a basic understanding of the security they have purchased, even if the final official statement is not yet available.1
What regulations of the MSRB?
According to the Act, MSRB rules must be created to stop fraudulent and manipulative acts and practises, to make it easier for people to buy and sell municipal securities and municipal financial products, to remove obstacles to a free and open market in these products, and to perfect its operation.
For more such question on MSRB
https://brainly.com/question/17255565
#SPJ11
to test the aged trial balance, the auditor may add each column and the column totals to ensure they agree with the total balance for the account. this technique is called
To test the aged trial balance, The technique described in your question is known as a "prove-footing" test.
It involves adding up the individual balances in each column of the aged trial balance and comparing them to the total balance for the account.
By doing this, the auditor can ensure that there are no errors or omissions in the account balance, as any discrepancies would be easily identifiable.
Additionally, this technique can be used to test for the accuracy of the client's accounting records and to verify that all transactions have been properly recorded.
Overall, the prove-footing test is an essential tool for auditors in assessing the completeness and accuracy of the client's financial statements.
For more such questions on trial
brainly.com/question/31413138
#SPJ11
keys printing plans to issue a $1,000 par value, 20-year noncallable bond with a 7.00% annual coupon, paid semiannually. the company's marginal tax rate is 40.00%, but congress is considering a change in the corporate tax rate to 25.00%. by how much would the component cost of debt used to calculate the wacc change if the new tax rate was adopted? do not round your intermediate calculations. a.1.19% b.1.03% c.1.05% d.1.09% e.1.20%
1.05% is the component cost of debt used to calculate the WACC change if the new after-tax rate was adopted. Thus, option c is correct.
Par value = $1,000
Noncallable bond time = 20 years
Annual coupon = 7%
Marginal tax rate = 40.00%
Corporate tax rate = 25.00%
The current after-tax price of the deficit can be calculated as follows:
Current after-tax cost of debt = Coupon rate x (1 - Marginal tax rate)
Current after-tax cost of debt = 7.00% x (1 - 0.40)
The current after-tax cost of debt = 4.20%
If the corporate tax rate changes to 25%, the new after-tax cost of debt will be calculated as:
The new after-tax cost of debt = Coupon rate x (1 - New marginal tax rate)
= 7.00% x (1 - 0.25)
The new after-tax cost of debt = 5.25%
The change in the after-tax cost of debt would be:
Change in the after-tax cost of debt = New after-tax cost of debt - Current after-tax cost of debt
= 5.25% - 4.20%
= 1.05%
Therefore, we can conclude that 1.05% is the component cost of debt used to calculate the WACC change.
To learn more about after-tax debt
https://brainly.com/question/16671446
#SPJ4
The U.S. supply of frozen orange juice comes from Florida and Brazil. What is the effect of a freeze that damages oranges in Florida? The price of frozen orange juice in the United States will increase Furthermore, the quantity of orange juice sold by Floridian firms will
If a freeze damages oranges in Florida, the U.S. supply of frozen orange juice will be reduced.
This reduction in supply will cause an increase in the price of frozen orange juice in the United States.
Additionally, Floridian firms that sell orange juice will have a decrease in the quantity of oranges available to produce juice, which may result in a decrease in the quantity of orange juice sold by those firms.
This can also lead to a decrease in the profits of these firms and may cause them to look for alternative sources of oranges or to increase the price of their orange juice to compensate for the decrease in supply.
To know more about Florida refer here:
https://brainly.com/question/13474579#
#SPJ11
The price of frozen orange juice in the United States will increase Furthermore, the quantity of orange juice sold by Floridian firms will reduce the supply of oranges.
The effect of a freeze that damages oranges in Florida would lead to an increase in the price of frozen orange juice in the United States. Furthermore, the quantity of orange juice sold by Floridian firms will decrease.
1. The freeze damages oranges in Florida, reducing the supply of oranges available for processing into frozen orange juice.
2. With a reduced supply of oranges, Floridian firms have less raw material to produce frozen orange juice.
3. The decreased supply of frozen orange juice from Florida results in a shortage in the market.
4. Due to the shortage, the price of frozen orange juice in the United States increases as consumers compete for the limited supply.
5. The higher price may incentivize Brazilian firms to supply more frozen orange juice to the U.S. market, but the overall supply remains affected.
6. As a result, the quantity of orange juice sold by Floridian firms decreases due to their reduced production capacity and the increased competition from Brazil.
To know more about supply, refer here:
https://brainly.com/question/2114221#
#SPJ11
Complete question:
The U.S. supply of frozen orange juice comes from Florida and Brazil. What is the effect of a freeze that damages oranges in Florida? The price of frozen orange juice in the United States will increase Furthermore, the quantity of orange juice sold by Floridian firms will_________
a project manager monitors the current process of a project closely. they want to avoid the project reverting to previous inefficient ways. what phase of the lean six sigma methodology involves these activities?
Analyze phase of the lean six sigma methodology involves these activities.
A process improvement methodology called Lean Six Sigma aims to enhance working conditions, get rid of waste and inefficiency, and solve problems in order to better meet customer expectations. It creates a well-liked and effective methodology for enhancing the operations of your company by combining the tools, techniques, and guiding concepts of Lean and Six Sigma.
The process, product, or service is examined using the measured data during the analyse phase to identify the source(s) of the variation that are creating the issue. This is done to make sure the actual root cause(s) and not merely a symptom are found.
Know more about lean six sigma here
https://brainly.com/question/30269340
#SPJ4
competitors' prices, along with the marketing variables they emphasize, are determining factors in
Competitors' prices, along with the marketing variables they emphasize, are determining factors in e) how important price will be to customers.
Customers frequently consider a variety of elements while assessing a product, in addition to the price, such as product's quality, features, brand reputation, and level of customer service. Customers could become more price-sensitive and prioritise cost above other aspects, though, if competitors provide comparable commodities at cheaper prices.
Customers' perceptions of the importance of pricing may be influenced by marketing factors that rivals emphasise in addition to their prices. Customers may become more conscious of the price and more inclined to prioritise it in their purchase choice, for example, if a rival is extensively publicising the cost of their commodity. Customers could be less concerned with pricing, on the other hand, if a rival emphasises other qualities or advantages of their commodity
Complete Question:
Competitors' prices, along with the marketing variables they emphasize, are determining factors in
a) the instability of prices in a particular industry.
b) using markup pricing for consumer goods.
c) how much marketing research a firm needs to collect.
d) using differential pricing to demonstrate quality differences.
e) how important price will be to customers.
Read more about price on:
https://brainly.com/question/30434965
#SPJ4
Campbell Corporation
Beginning inventory (30% complete as to Material B and 60% complete for conversion) 700 units
Started this cycle 2,000 units
Ending inventory (50% complete as to Material B and 80% complete for conversion) 500 units
Beginning inventory costs: Material A $14,270 Material B 5,950 Conversion 5,640 Current Period costs: Material A $40,000 Material B 70,000 Conversion 98,100 Material A is added at the start of production, while Material B is added uniformly throughout the process.
Refer to Campbell Corporation. Assuming a weighted average method of process costing, compute the average cost per EUP for conversion.
Select one:
a. $39.90
b. $47.59
c. $45.00
d. $43.03
The actual calculated cost per EUP for conversion is $44.74. The closest answer is option B $47.59.
To compute the average cost per equivalent unit (EUP) for conversion using the weighted average method, follow these steps:
1. Determine the equivalent units for conversion.
2. Calculate the total cost for conversion.
3. Divide the total cost for conversion by the equivalent units for conversion.
Step 1: Determine the equivalent units for conversion
Beginning inventory conversion: 700 units * 60% complete = 420 EUP
Units started and completed: 2,000 units - 500 ending inventory = 1,500 units * 100% complete = 1,500 EUP
Ending inventory conversion: 500 units * 80% complete = 400 EUP
Total EUP for conversion: 420 + 1,500 + 400 = 2,320 EUP
Step 2: Calculate the total cost for conversion
Beginning inventory conversion cost: $5,640
Current period conversion cost: $98,100
Total cost for conversion: $5,640 + $98,100 = $103,740
Step 3: Divide the total cost for conversion by the equivalent units for conversion
Average cost per EUP for conversion: $103,740 / 2,320 EUP = $44.74
to know more about EUP refer here:
https://brainly.com/question/15222473#
#SPJ11
if a perpetuity bond has an interest payment of $80 and your required yield is 10%, the most you would be willing to pay for the bond is
If a perpetuity bond has an interest payment of $80 and your required yield is 10%, The most you would be willing to pay for the perpetuity bond is $800.
To calculate the most you would be willing to pay for a perpetuity bond with an interest payment of $80 and a required yield of 10%, you need to use the formula PV = PMT / r, where PV is the present value of the bond, PMT is the annual interest payment, and r is the required yield as a decimal.
In this case, plugging in the values, we get PV = $80 / 0.1 = $800. So the most you would be willing to pay for the bond is $800 in order to receive an annual interest payment of $80, which satisfies your required yield of 10%. Any price above $800 would result in a lower yield than what you are looking for, and would not be a good investment decision.
To calculate the price of a perpetuity bond, you can use the formula: Price = Interest Payment / Required Yield.
In this case, the interest payment is $80, and the required yield is 10% (or 0.10 as a decimal).
1. Convert the required yield into a decimal: 10% = 0.10
2. Use the formula: Price = Interest Payment / Required Yield
3. Plug in the values: Price = $80 / 0.10
For more such questions on perpetuity bond
brainly.com/question/19002304
#SPJ11
ashante’s adventure travel and evon’s wild river tours form a joint venture. ashante can participate in the venture’s management to:_____.
In order to work together on a certain project or endeavor, two or more firms must come together to create a joint venture. In this instance, a partnership between Ashante Adventure Travel and Yvonne's Wild River Tour has been established.
One key aspect of a joint venture is the division of management responsibilities. Each party typically brings its own expertise and resources to the table, and the responsibilities for managing the venture are divided accordingly.
In this scenario, the statement "Ashante may participate in the management of the venture" implies that Ashante will have some level of control and decision-making authority in the joint venture. This could involve managing specific aspects of the venture, such as marketing or logistics, or participating in high-level decision-making around the direction and goals of the venture.
To learn more about joint ventures
https://brainly.com/question/30154434
#SPJ4
Marc Industries had the following transactions.1. Borrowed $5,000 from the bank by signing a note.2. Paid $3,100 cash for a computer.3. Purchased $850 of supplies on account.InstructionsJournalize each transaction. (Omit explanations.)
The journal entries in the books of Marc Industries are following the rules of double-entry bookkeeping.
Here are the journal entries for each transaction:
Transaction 1: Borrowed $5,000 from the bank by signing a note.
Debit: Cash - $5,000
Credit: Notes Payable - $5,000
Transaction 2: Paid $3,100 cash for a computer.
Debit: Computer (Fixed Asset) - $3,100
Credit: Cash - $3,100
Transaction 3: Purchased $850 of supplies on account.
Debit: Supplies - $850
Credit: Accounts Payable - $850
following the rules of double-entry bookkeeping.
Learn more about fixed assets here: https://brainly.com/question/20289326
#SPJ11
why are economists so particular about the difference between an increase in quantity demanded and an increase in demand? aren’t they the same thing? explain your answer briefly.
Economists are very particular about the difference between an increase in quantity demanded and an increase in demand because they are not the same thing.
Quantity demanded refers to the amount of a good or service that consumers are willing and able to buy at a specific price, while demand refers to the overall desire for a good or service at all possible prices. An increase in quantity demanded occurs when the price of a good or service decreases, causing consumers to buy more of it. On the other hand, an increase in demand occurs when there is an overall increase in consumer desire for a good or service, which can happen due to factors such as changes in consumer preferences or an increase in population. Understanding the difference between these two concepts is important for businesses and policymakers, as it can help them make more informed decisions about pricing and production.Learn more about quantity demanded: https://brainly.com/question/1139186
#SPJ11
________ is a partnership between a for-profit company and a nonprofit organization, which increases the company’s sales while raising money and visibility for the organization’s mission.
Cause marketing is a partnership between a for-profit company and a nonprofit organization, which increases the company’s sales while raising money and visibility for the organization’s mission.
The company and nonprofit work together to create a marketing campaign that promotes a product or service while also benefiting the nonprofit's cause. The result is a win-win situation for both parties, with the company seeing increased sales and the nonprofit receiving much-needed funds and exposure. Overall, cause marketing can be a profitable and effective way for businesses to give back to their communities and support important causes.
To know more about partnership, visit https://brainly.com/question/15913927
#SPJ11
the expected return of a stock, based on the likelihood of various economic outcomes, equals the: a) highest expected return given any economic state. b) arithmetic average of the returns for each economic state.
The expected return of a stock, based on the likelihood of various economic outcomes, equals the arithmetic average of the returns for each economic state. So, the correct option is B).
The expected return of a stock is calculated by taking the sum of each possible return multiplied by its probability of occurring. This approach accounts for the likelihood of various economic outcomes and gives an average expected return for the stock.
This is known as the arithmetic average of the returns for each economic state. The highest expected return given any economic state, on the other hand, would only reflect the best-case scenario and does not take into account the probability of that scenario occurring. The correct answer is (b) arithmetic average of the returns for each economic state.
To know more about stock:
https://brainly.com/question/29992015
#SPJ4