Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion
Eclipse Motor Company manufactures two types of specialty electric motors, a commercial motor and a residential motor, through two production departments, Assembly and Testing. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering using the multiple production department factory overhead rate method. The following factory overhead was budgeted for Eclipse:
Assembly Department $280,000 Testing Department 800,000 Total $1,080,000 Direct machine hours were estimated as follows:
Assembly Department 4,000 hours
Testing Department 5,000 Total 9,000 hours
In addition, the direct machine hours (dmh) used to produce a unit of each product in each department were determined from engineering records, as follows:
Commercial Residential
Assembly Department 2.0 dmh 3.0 dmh
Testing Department 6.0 1.5 Total machine hours per unit 8.0 dmh 4.5 dmh
a. Determine the per-unit factory overhead allocated to the commercial and residential motors under the single plantwide factory overhead rate method, using direct machine hours as the allocation base.
Commercial $ per unit
Residential $ per unit
b. Determine the per-unit factory overhead allocated to the commercial and residential motors under the multiple production department factory overhead rate method, using direct machine hours as the allocation base for each department.
Commercial $ per unit
Residential $ per unit
c. Recommend to management a product costing approach, based on your analyses in (a) and (b).1. the management should consider multiple production department factory overhead rate methods, because this method calculates the cost more accurately and considers the fact that commercial products use more costly overheads than residential products. 2. the management should consider single plantwide factory overhead rate methods, because this method calculates the cost more accurately and considers the fact that the overheads are applied evenly based on the direct labor hours. 3. the management could consider either multiple production department factory overhead rate method or the single plantwide rate, as both these methods have the same effect on the final costs.

Answer:

profits of $24 million

Explanation:

Option (c), A broker-dealer consumer declares their desire to trade options in their account. The registered representative should first decide if trading in options is appropriate for the customer as the first step in fulfilling the request.

A stock must be properly registered, have a reasonable number of shares, be owned by an enough number of shareholders, get a sufficient volume, and be priced at an appropriate level before enough options may be written.

FINRA regulations state that each customer must be specifically approved (or denied) for options trading first before member receives an order from the customer for options, regardless of whether the brokerage account is self-directed or options are being advised.

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death rover apk and Pakistan were colonized together so

because

Explanation:

because at that time india and Pakistan were colonized together so the britains could no win the fight with india therefore Britain's plan to intimidate the colonies wasn't a paragraph of social media is a stranger to be a

False, A corporate refugee is not someone who tried their hand at entrepreneurship, failed, and then looked for safety in the corporate world.

A recent global phenomenon is the entrepreneurship of refugees (RE) (Desai et al., 2020). Conceptually, RE refers to commercial operations taken out in a new host country by persons who have been forcibly relocated from their homes as a result of war, conflict, or persecution (Fuller-Love et al., 2006).

Most entrepreneurs fail because they are unprepared or lack the requisite abilities. The main thing stopping an entrepreneur from building a successful business is fear. Concerns they have include failing, making mistakes, losing money, appearing silly, and being left out.

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From most liquid to least liquid, these assets are listed in order of their liquidity: A $10 bill,A money market account's balance,a unit of stock in a publicly traded firm,a vessel you possess.

The relative ease and speed with which an asset can be turned into cash without losing value is referred to as the order of liquidity. The liquidity of an asset can fluctuate significantly, and while making investment decisions, it is crucial for investors to be aware of these variations. Assets with high liquidity, on the other hand, can typically be sold quickly and without suffering a substantial loss in value, whereas assets with low liquidity may take longer to sell and may experience greater price drops. The assets that can be instantly turned into cash include cash and money market accounts. It may take weeks or months to sell the least liquid assets, including real estate or private equity investments, and there may be considerable discounts involved.

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A country that bases its laws on the traditions within the country's legal history operates under a common law legal system.

A common law legal system is one in which laws are based on the customs, traditions, and court decisions within a country's legal history, rather than on written laws or codes.

In this system, the decisions of higher courts become precedents that must be followed by lower courts in future similar cases. This creates a body of case law that evolves over time and adapts to changing social, economic, and technological circumstances.

The common law legal system is used in many countries, including the United Kingdom, the United States, and several other countries in the Commonwealth. It is contrasted with civil law legal systems, which are based on written codes and laws, and tend to be more codified and centralized.

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The alimony is deductible by the payor ex-spouse and alimony is recognized as income by the recipient ex-spouse when:

a. Deductible by payor ex-spouse, Includable by recipient ex-spouse - Payments made in 2017 as part of a divorce decree executed in 2016 are The ex-spouse of the payer may deduct it, while the ex-spouse of the beneficiary may include it.

b. Payments made in 2018 in accordance with a divorce decree that was finalized in 2016 are deductible by the payor ex-spouse and includeable by the beneficiary ex-spouse.

c. Payments paid in 2018 in accordance with a divorce decree signed in 2018 are deductible by the payor ex-spouse and includable by the beneficiary ex-spouse.

d. Payments made in 2019 in accordance with a divorce decree signed in 2018 are not deductible by the payor ex-spouse, but they are includable by the beneficiary ex-spouse. Due to the Tax Cuts and Jobs Act (TCJA), which suspended the deductibility of alimony payments for divorce judgments signed after December 31, 2018, the divorce decree was updated in 2019 to specifically implement its provisions.

e. Not Deductible by Payor Ex-Spouse, Includable by Recipient Ex-Spouse - Due to the TCJA's suspension of the deduction for alimony payments for divorce decrees signed after December 31, 2018, payments made in 2019 as part of a divorce decree signed in 2016 are not deductible by the payor ex-spouse but are included by the recipient ex-spouse.

f. Not Deductible by Payor Ex-Spouse, Includable by Recipient Ex-Spouse - Due to the TCJA's suspension of the deduction for alimony payments for divorce decrees signed after December 31, 2018, payments made in 2019 as part of a divorce decree executed in 2019 are not deductible by the payor ex-spouse but are included by the recipient ex-spouse.

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A. comparing performance taking, The P-O-L-C management approach does not emphasise "comparing performance taking" as a significant aspect of regulating behaviour.

"Comparing performance taking" is not a significant aspect of regulating behaviour in the P-O-L-C management system.

The four management roles of planning, organising, leading, and controlling are referred to as the P-O-L-C framework.

Managing behaviour entails:

setting performance criteria

genuine performance evaluation and measurement

Taking the appropriate action

ensuring that staff adhere to specific instructions

The term "comparative performance taking" does not appear on this list of essential qualities for behaviour control. Controlling is centred on assessing actual performance in comparison to predetermined criteria and taking necessary corrective action to ensure that performance complies with those requirements.

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If people think that price of electronics will increase in the near future, that belief may cause increase in demand for electronics today.

In the context of economics, demand refers to a consumer's intention to purchase goods and services as well as their readiness to pay a particular price for them. Demand is a term that both customers and businesses are quite familiar with because it makes sense and naturally happens throughout practically any day. When anything happens that raises the price, such a change in season, shoppers often buy fewer things or perhaps none at all. Demand comes in two flavors: overall demand and market demand. The market demand for a specific commodity is the total amount that all buyers in a market are looking for. A country's aggregate demand is the total amount of demand for all goods and services.

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The DJIA continues to equal the average price of the 30 stocks in the index is not true about the Dow Jones Industrial Average (DJIA). Thus, option D is correct.

The Dow Jones Industrial Average (DJIA), also known as the Dow 30, is an index of the stock market that tracks the performance of 30 significant, publicly traded blue-chip companies that trade on the NYSE and Nasdaq. The index was founded in 1896 by Charles Dow and his business partner Edward Jones, and it bears Charles Dow's name today.

The Dow Jones Transportation Average, which preceded the DJIA as the oldest U.S. market index, is the second-oldest (DJTA). The purpose of the DJIA is to act as a stand-in for the state of the overall U.S. economy. One of the most closely followed stock market indices worldwide is the DJIA, also known as just the Dow.

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Components of the compensation package for members of production assembly teams  are, annual base pay, incentive bonuses, perfect attendance bonuses, and fringe benefits.  All options are correct

The sum of your salary and the numerous benefits your company provides you in exchange for your employment is referred to as your compensation package. By employer, compensation packages can differ.

As a result, even if they comprise a base wage, they frequently vary depending on the business and the job.

Hence, some firms offer substantial pay and benefits packages, others only offer modest benefits and smaller pay scales.

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Assume the price of a machine is $2,000 and it only has a one-year usable life. Consider as well that the extra revenue from the output of this machine is anticipated to be $2,800, net of such operating costs as power, taxes, and so forth. This machine's anticipated rate of return is 40%. 7 percent

An investment's return is a profit in finance. It entails any variation in the investment's value as well as any cash flows (or securities, or other assets) that the investor receives as a result of the investment, such as interest payments, coupons, cash dividends, stock dividends, or the payoff from a derivative or structured product.

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The most suitable option will be to inform the employee that the department is currently out of budget but the supervisor may help in this matter that is option A is correct.

When employees in an organization work, then due to the workload some systems may require higher facilities and they may not work properly under the current condition. In this condition the employee asks for more RAM in his computer system but being an official it is known that there is currently no budget for the installation of RAMs within the computer system. Also without the RAM the efficiency of the organization may be deteriorated. However, instead of directly ignoring the request of the employee we can tell him that currently the department does not have funds for the purpose but the supervisor may help in this situation so after getting a word with him the whole matter can be solved.

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The correct questions to ask in the above-stated ethical dilemmas are:

In philosophy, ethical dilemmas, also known as ethical paradoxes or moral dilemmas, are circumstances in which an agent is confronted with two competing moral criteria, neither of which takes precedence over the other.

It is to be noted that a similar notion classifies ethical quandaries as circumstances in which every viable option is incorrect.

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The overall break-even point for the entire company could increase or decrease if the sales mix were to shift toward Product K09E with total dollar sales remaining constant.

To calculate the break-even point, we need to find the point where total revenue equals total costs, including both variable and fixed costs. If the sales mix shifts towards Product K09E, the proportion of variable costs to total sales will increase, which could increase the break-even point.

On the other hand, if the unit contribution margin of Product K09E is higher than that of Product G17B, the shift in the sales mix could decrease the break-even point.

Therefore, without more information, it is impossible to determine the exact effect of the sales mix shift on the break-even point. It could increase or decrease, depending on the relative unit contribution margins of the two products.

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The purpose of an operational audit is to assess performance, identify areas for improvement, and develop recommendations.

An audit is one of the most important activities in a company, which is an inspection activity carried out by an organization or individual to ensure that all data in the company is in accordance with the facts. One type of audit that can be carried out is an operational audit. An operational audit is a type of audit that is carried out by conducting an examination of the company's activities to see the level of effectiveness and efficiency of the company's activities. This operational audit is conducted to assess performance, identify areas for improvement, and develop recommendations.

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Target organization for a potential  permanent account. The most likely company to merge horizontally among rival businesses that provide comparable products and services is KPMG.

The term "Big 4" refers to the four biggest professional services companies in the world, KPMG, PwC, EY, and Deloitte. These companies offer a wide range of services, including audit, transaction advising, taxes, risk advisory, and actuarial services.

Those who perform work for an organization but are not paid employees are referred to as "contingent workers." Contingent labor includes all independent contractors, freelancers, consultants, advisors, and other outsourced staff members employed on a project-by-project and temporary basis. The characteristics of contingent, casual, or contract-based work include little job security, piece-rate pay, and is typically part-time.

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Direct marketing works best for individualized consumer interactions and highly targeted marketing campaigns.

Direct selling a marketing strategy in which a company interacts directly with potential customers to prompt an immediate response, request, and transaction (such as a sale). The aim is to elicit a response from the customer by getting them to take action.

Direct response media can be more personal than mass media, which is one of its key benefits. Due to its low expenses, businesses prefer direct and personal selling to telemarketing.

Direct marketing's sole objective is to encourage the recipients to take action, in contrast to other marketing strategies that try to raise awareness or educate audiences about a company's goods or services. Although making a transaction is the final goal, not all customers will be prepared to make a purchase right away.

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The statement states that there are three different sorts of customers: internal, intermediate, and final.

Automobile dealers, usually referred to as auto sales representatives, acquire and sell a range of both new and secondhand cars. They may be employed by specific dealerships that solely market vehicles made by a single manufacturer or by independent businesses that sell vehicles of various makes and models.

When a company's owner has the right to sell a specific product (that is, if they are a vendor of that product), that company is said to be a dealership. Although talking about auto dealerships, whether they sell new or old cars, is more typical, also exist boat dealership and dealerships for recreational vehicles.

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People are nice and bad, of course. It depends on the situation and the place in which a person lives.human nature is strongly influenced by society.

We are kind people by nature. Right and wrong are qualities we are born with the capacity to recognise. We are not immune from using violence or being egotistical, though. Cynics who want to label human nature as evil are mistaken about that.

For instance, great philosophers like Socrates and Plato held that goodness is a quality that all people have the potential to possess. Such well-known individuals as Maslow and Rogers were among the later philosophers and psychologists who subscribed to this school of thought.

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Option c is Correct. If an officer of the adviser becomes insolvent, which means he is unable to pay his debts as they become due, the administrator will remove the adviser's registration.

It would be unethical for a representative to fail to disclose that the recommended investments are being marketed as primary by the representative's own company.

A broker-dealer, investment adviser, or agent may ask the state to cancel their registration. If no revocation or suspension proceedings are ongoing when the administrator receives the request, the withdrawal will take effect 30 days after that point.

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The learning effect allows companies to increase production at a lower average cost.

Marginal cost is an important concept in business accounting as it helps an organization optimize production through economies of scale.

Firms can maximize profits by producing until Marginal Cost (MC) equals Marginal Revenue (MR).

Fixed costs are constant regardless of the level of production, so the higher the production volume, the lower the fixed cost per unit as the total is spread over more units.

Since variable costs change according to the production volume, the higher the number of units produced, the higher the variable costs. Businesses should be aware when increased production due to changes in product range (such as additional machinery or storage space requirements) leads to step costs.

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Complete question:

Explain why learning reduces the effective marginal cost of production. If firms set prices in proportion to their marginal costs, as suggested by the Economics Primer, how can learning firms ever hope to make a profit?

Therefore, the total manufacturing overhead costs remain relatively constant from one period to the next, even though the number of units you produce can fluctuate greatly.

Many businesses have large, fixed manufacturing overheads.

The average cost per unit varies from period to period.

Manufacturing overhead costs are the overhead costs incurred in manufacturing a product. It is assigned to each of the unit produced so that the price of each product can be derived.

These costs include rental of production buildings or sites, depreciation, operating costs in production such as electricity, water, gas and oil repairs, maintenance costs incurred in production, insurance, etc.

There are two types of these overheads: fixed and variable he. Variable overhead costs depend on the number of the units produced, as follows:  Electricity bill.

However, fixed costs do not depend on the number of units produced. they remain the same. Examples are rent and depreciation.

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The cited as an example of a global collaborative effort to establish standards of business conduct is "United States Sentencing Commission".

International awareness as well as cultural sensitivity - Intercultural differences becoming intercultural understandings, shattering prejudices, cultural superiority, as well as socioeconomic domination. Cultural sensitivity - Working with people from all around the world opens up new perspectives.

Global collaboration initiatives allow students to collaborate with classmates from all over the world. These projects provide students with unmatched opportunity to gain the knowledge and skills required for global citizenship through allowing them to interact and collaborate genuinely with classmates from other nations.

Therefore, option (A) is correct.

The given question is incomplete, the complete question.

Which of the following is not cited as an example of a global collaborative effort to establish standards of business conduct?

a) United States Sentencing Commission

b) Principle of autonomy.

c) Principle of dissatisfaction.

d) none

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The answer is-

The effects of transactions (a) through (f) are recorded in the following T-accounts in the books of Bailey Delivery Company, Inc.

Cash

Account Titles                       Debit    Credit

Common stock                  $12,000

Additional Paid-in Capital $70,000

Delivery Trucks                               $6,000

Delivery Trucks                               $2,300

Notes Receivable

Account Titles                       Debit    Credit

Land                                    $6,000

Delivery Trucks

Account Titles                       Debit    Credit

Cash                                      $6,000

Long-term Notes Payable $22,000

Cash                                                  $2,300

Land

Account Titles                       Debit    Credit

Short-term Notes Payable   $24,000

Notes Receivable                             $6,000

Short-term Notes Payable

Account Titles                       Debit    Credit

Land                                                  $24,000

Long-term Notes Payable

Account Titles                       Debit    Credit

Delivery Trucks                               $22,000

Common Stock

Account Titles                       Debit    Credit

Cash                                                 $14,000

Additional Paid-in Capital

Account Titles                       Debit    Credit

Cash                                                 $70,000

Data Analysis:

a. Cash $84,000 Common Stock $14,000 Additional Paid-in Capital $70,000

b. Land $24,000 Short-term Notes Payable $24,000

c. Delivery Trucks $28,000 Cash $6,000 Long-term Notes Payable $22,000

d. Delivery Trucks $2,300 Cash $2,300

e. Notes Receivable $6,000 Land $6,000

f. No effect

A group of people can come together to form a corporation, which is a legal body used to conduct business and run industrial or commercial enterprises. According to the corporate legislation of its jurisdiction, a corporation may be set up in a variety of ways for tax and financial liability reasons.

A company could be, for instance, "any corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether or not incorporated, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent, for any of the foregoing."

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The long-run gains to consumers and some producers exceed the losses to other producers best explains why many United States economists support free international trade. Thus, option C is correct.

A good or service exchange that involves at least two different countries is referred to as international trade. Exports or imports may be involved in the exchanges. Anything that is brought into the domestic market is considered to be an import. A product or service that is exported is one that is provided to another nation.

An example of an economic linkage is international trade, which is a way for different countries to interact economically. Aside from multinational corporations and foreign workers, there are other types of economic ties as well, including foreign financial investment and foreign financial investment. Globalization is the broadening of these types of economic connections.

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According to Evo owner Bryce Phillips, Evo's physical store an important advantage over Evo's ecommerce website which is: the physical store is more effective at increasing the relationship quality between Evo and consumers. The Option D is correct.

Most retail sales are typically made in physical or brick-and-mortar stores. These are the more traditional options, and they can range from small mom-and-pop shops to larger retail chains such as Walmart. Ecommerce is the term used to describe sales made over the internet or through digital procurement.

The primary reason consumers prefer to shop in physical stores is to see, touch, and test products before purchasing. A physical location can help to dispel doubts and close the deal. Furthermore, this can reduce the likelihood of a product being returned due to size or color. Because of the way the items are displayed, customers are more likely to select more items than planned.

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1. Different scientific conclusions. They disagree due to divergent scientific conclusions.

2. In general, tariffs and import quotas lower economic welfare. The two would concur that these invariably result in deadweight loss.

Although there is disagreement on many economic issues, there is general agreement on a few. For instance, the likelihood of two economists chosen at random agreeing that tariffs and import quotas typically lower economic well-being is high. According to a poll, 93% of economists concur with this statement. Finding two economists at random who concur on either of the other propositions would be more difficult.

Import quotas are another type of trade barrier that restricts the number of imports a country may make, whereas tariffs are levies. With tariffs, customers are worse off since they must pay more money. Although higher prices for domestic producers are advantageous, the decline in consumption results in a loss in overall welfare, or "deadweight loss."

With quotas, the government loses tax income and consumers pay higher prices as a result of the restriction on the number of imports. The government had access to this tax revenue when it implemented tariffs. A decrease in economic well-being results from a decrease in consumption and a loss to the government.

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The items that reflect the proper heading on a balance sheet are: the name of the financial statement is listed after the name of the company, the date line shows a specific date, the company name is listed at the top of the heading.

The financial statement known as a balance sheet gives an overview of a company's financial situation at a certain point in time. It includes a list of the firm's assets, liabilities, and equity and explains how the company is financed and how it makes use of its resources.

Assets, liabilities, and equity are divided into two divisions on the balance sheet. The resources that a business possesses and can use to make money are called assets. Examples include cash, accounts receivable, inventory, investments, real estate, and equipment. The debts that a business owes to other parties, such as loans, accounts payable, and unpaid taxes, are referred to as liabilities. After liabilities are subtracted from assets, equity is the remaining stake a corporation has in its assets. Things like common shares, retained earnings, and  capital contributions from owners.

The balance sheet is significant since it aids in demonstrating the company's financial stability and gives details regarding its capacity to fulfill its obligations. It delivers a clear image of the company's assets, liabilities, and equity and a reliable assessment of its financial standing. A well-maintained balance sheet makes it simpler for the business to obtain funding or loans when needed by helping to provide information to creditors and possible investors.

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This is best described as an example of the Contract enforcement element of economic forces on businesses.

One of the key indicators of the Index of Business Ease has been the "Enforcement of Contracts," and it is well known that excessive judicial procedures in the resolving of dispute settlement by both national and foreign parties have undermined the confidence of international investors.

Contracts can be enforced by a variety of channels, including public legal bodies like courts and tribunals, private actions like posting bonds or severing business ties, and dispute resolution processes like mediation, mediation, and conciliation.

Every promise or group of promises that serve as payment for one another constitutes an agreement. If these promises are recognized as lawful by a court and the parties to the contract may be held liable.

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