The logistics function is likely to push for more distribution facilities and potentially raise the total cost of logistics. The logistics function is responsible for managing the movement of goods and materials, including transportation, warehousing, and distribution. They are focused on ensuring that the right products are delivered to the right place at the right time, and they often make decisions that impact the cost and efficiency of the supply chain. Therefore, if the logistics function determines that additional distribution facilities are needed to improve the flow of goods, they may advocate for this investment, even if it increases overall logistics costs.
Boxwood Incorporated has forecast purchases on account to be $311,000 in March, $378,000 in April, $423,000 in May, and $499,000 in June. Assume that 70% of purchases are paid for in the month of purchase, and the remaining 30% are paid in the following month. What is the budgeted Accounts Payable balance for June 30?
The budgeted Accounts Payable balance for June 30 will be $149,700.
To calculate the budgeted Accounts Payable balance for June 30, we need to determine the amount of purchases that will remain unpaid at the end of June.
For March: $311,000 x 0.7 = $217,700 will be paid in March and $93,300 will be paid in April
For April: $378,000 x 0.7 = $264,600 will be paid in April and $113,400 will be paid in May
For May: $423,000 x 0.7 = $296,100 will be paid in May and $126,900 will be paid in June
For June: $499,000 x 0.7 = $349,300 will be paid in June and $149,700 will remain unpaid at the end of June.
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What is the major difference between cleaning and sanitizing?
Cleaning is done by hand while sanitizing uses a dishwasher.
Cleaning is the same thing as sanitizing.
Cleaning uses soap to remove debris while sanitizing uses chemicals or heat to kill germs and bacteria.
Sanitizing is not required.
The major difference between cleaning and sanitizing is that Cleaning uses soap to remove debris while sanitizing uses chemicals or heat to kill germs and bacteria
What is cleaning and sanitizing?Cleaning regularly is one that is made of the utilize of cleanser, water, and mechanical activity to physically remove earth and grime from surfaces. It is an vital to begin with step within the sanitizing that has been prepared, because it is expelling soil and natural matter that can meddled with the activity of sanitizing operators.
Therefore, Sanitizing, on the other hand, regularly includes the utilize of chemicals or warm to kill or lower the number of hurtful microorganisms on surfaces.
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Dollar general primary concern about robberies
Answer:
Explanation:
Answer:
Robbery is the act where there is the involvement of criminals where they take anything which is valuable by force from the hands of innocent people.
The robbers put the victims in fear during the robbery and take advantage of the victim's fear.
Sometimes such incidents also take up violent turns and lead to the murders of the victims and harming them to take away the money or goods from the victims.
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Balances on 28 February 2021 Balance sheet section Vehicles at cost Equipment at cost Inventory Provision for bad debts Nominal accounts section R 90 000 R 50 000 R 100 000 2 000 Bad debts Telephone Adjustment Provide annual depreciation on cost on equipment at 35%. Depreciation is: RR 500 1 500
The insurance adjustment for the year will be R 3,600.
What is the insurance adjustment for the year?Monthly insurance cost = Annual insurance cost / Number of months. Since, insurance has been paid for 10 months only, the number of outstanding months is:
= 12 - 10
= 2.
Annual insurance cost = Monthly insurance cost x 12
To calculate the monthly insurance cost, we can use the information given in the nominal account section.
Data
Insurance Adjustment is R 3,000
insurance has been paid for 10 months only.
Monthly insurance cost = Insurance cost for 10 months / 10
= R 3,000 / 10
= R 300
Now, we can calculate the annual insurance cost:
Annual insurance cost = Monthly insurance cost x 12
= R 300 x 12
= R 3,600.
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What are the potential benefits of using digital platforms, such as machine learning algorithms, to provide personalized travel recommendations to customers?
The potential benefits of using digital platforms, such as machine learning algorithms helps the system to understand needs, budget as well as the preferences of each customer.
What is the usefulness of the digital platforms?Digital platform can be described as the platform that can be of help when when the footprints of each customer is needed.
It should be noted that with this , the system can have the understanding of the needs, budget as well as the preferences of each customer which can help in the process of delivering the right recommendations which can help to influence positively the customers' loyalty.
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Plant location decisions have no effect on the future expansion potential of a firm.
Consider two different potential projects at a company where you have worked, and do the following:
Discuss the benefits and costs that you would consider in deciding which is better for the company
Reflect on how information technology would affect this decision
Two potential projects that can be considered are increasing production efficiency by buying new machines or by buying more machines.
What would be the benefits and costs of these projects?Choosing one alternative or another will probably mean a different increase in the productivity rate, which would be considered a benefit.
In the case of the first project new machines are likely to be more electricity efficient and they will be faster than old machines. On the other hand, buying more old machines might increase later repair costs.
The final decision can be made using information technology and calculating the change in the production rate and the total investment.
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Would a market composed of many small companies have been able to respond as fast
The capacity of a market made out of many little organizations to answer rapidly relies upon different factors like the idea of the market, the degree of rivalry, and the level of coordination among the organizations.
At times, a market made out of many little organizations might have the option to answer rapidly to changes popular or supply. This is on the grounds that little organizations are many times more dexterous and can go with choices quicker than bigger organizations that might have more administrative designs.
Be that as it may, in different cases, a market made out of many little organizations might be in a difficult spot contrasted with bigger organizations. For instance, in the event that the market requires critical economies of scale, bigger organizations might have the option to deliver labor and products at a lower cost than more modest organizations, which could make it hard for little organizations to contend. Furthermore, bigger organizations might have more assets to put resources into innovative work, which could permit them to foster new items or advancements more rapidly than more modest organizations.
At last, whether a market made out of many little organizations would have the option to answer as fast as a market overwhelmed by bigger organizations relies upon various elements, including the idea of the market, the degree of rivalry, and the particular capacities of the organizations.
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Answer:
niche marketing
Explanation:
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Assume that Sivart Corporation has 2021 taxable income of $1,750,000 for purposes of computing the §179 expense and acquired several assets during the year. Assume the delivery truck does not qualify for bonus depreciation. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)
Asset Placed in Service Basis
Machinery June 12 $ 1,440,000
Computer equipment February 10 70,000
Delivery Truck—used August 21 93,000
Furniture April 2 310,000
Total $ 1,913,000
b. What is the maximum total depreciation (§179, bonus, MACRS) that Sivart may deduct in 2021 on the assets it placed in service in 2021?
The maximum total depreciation deduction[ including 179 expense is $1,913,000.
How to calculate the amounta) Total of qualified assets $19,13,000
b) Threshold for section 179 in 2021 $26,20,000
c) Maximum Section 179 expense phase out [a-b][Only if value of qualified asset is more than threshold limit
d) Section 179 Maximum 2021 limit
$10,50,000
e) Section 179 deduction for 2021 is [d-c]
$10,50,000
Bonus depreciation= 863,000
Section 179 deduction= 1,050,000
maximum total depreciation deduction[ including 179 expense]= 863,000+1,050 000
=> $1,913,000.
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Reintegrative Shaming Theory
What is the difference between reintegrative and stigmatizing
shaming? How does each impact crime?
According to Reintegrative Shaming Theory, shaming can be either reintegrative or stigmatizing. Reintegrative shaming involves disapproving of a person's behavior but not rejecting the person themselves. This type of shaming seeks to reintegrate the person back into society and encourages them to take responsibility for their actions and make amends.
On the other hand, stigmatizing shaming involves labeling and stigmatizing the person themselves, rather than just their behavior. This type of shaming can lead to the person feeling isolated and rejected from society, potentially increasing their likelihood of committing future crimes.
Research has shown that reintegrative shaming can be effective in reducing crime, as it focuses on changing behavior and promoting accountability. Stigmatizing shaming, on the other hand, may have unintended negative consequences, such as increased resentment and further criminal behavior.
Therefore, it is important for society to focus on promoting reintegrative shaming and avoiding stigmatizing shaming practices.
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Carlos is risk-neutral and has an ancient farmhouse with great character for sale in Slaterville Springs. His reservation price for the house is $130,000. The only possible local buyer is Whitney, whose reservation price for the house is $150,000. The only other houses on the market are modern ranch houses that sell for $125,000, which is exactly equal to each potential buyer’s reservation price for such a house. Suppose that if Carlos does not hire a realtor, Whitney will learn from her neighbor that Carlos’s house is for sale and will buy it for $140,000. However, if Carlos hires a realtor, he knows that the realtor will put him in touch with an enthusiast for old farmhouses who is willing to pay up to $300,000 for the house. Carlos also knows that if he and this person negotiate, they will agree on a price of $250,000.
If realtors charge a commission of 5 percent of the selling price and all realtors have opportunity costs of $2,000 for negotiating a sale, will Carlos hire a realtor?
What is the total economic surplus with the realtor (including the realtor's surplus?
The total economic surplus with the realtor is $168,000.
How to solve for the total economic surplusTo determine whether Carlos should hire a realtor, we need to compare the net profit Carlos would receive from selling the house with and without a realtor.
Without a realtor:Carlos sells the house to Whitney for $140,000. Since his reservation price is $130,000, his profit is $140,000 - $130,000 = $10,000.
With a realtor:
Carlos sells the house to the enthusiast for $250,000.
The realtor charges a 5% commission on the selling price,
which is 0.05 * $250,000 = $12,500.
Carlos's net profit after paying the commission is
$250,000 - $12,500 = $237,500.
Since his reservation price is $130,000, his
profit is $237,500 - $130,000 = $107,500.
Since Carlos would make a larger profit by hiring a realtor, he should hire one.
Now let's calculate the total economic surplus with the realtor, including the realtor's surplus:
Carlos's surplus: $107,500 (as calculated above)
Enthusiast's surplus: The enthusiast is willing to pay up to $300,000, but they pay $250,000.
Their surplus is $300,000 - $250,000 = $50,000.
Realtor's surplus: The realtor charges a commission of $12,500 and has an opportunity cost of $2,000.
Their surplus is $12,500 - $2,000 = $10,500.
Total economic surplus with the realtor =
Carlos's surplus + Enthusiast's surplus + Realtor's surplus
Total economic surplus = $107,500 + $50,000 + $10,500 = $168,000.
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2.
"A typical transformation is led by a CEO figurehead. It often involves major structural
change (acquisitions, disposals, partnerships, and organizational redesign),
widespread deployment of new technologies, considerable effort, and cultural
change. These elements still play critical roles, but a more complex, sensitized
context requires leaders to be wiser in what they say and do- and doing more of the
same won't cut it."
Explain the dimensions of culture in relation to the above excerpt.
Employees, clients, and investors have high expectations for the companies in the altered post-pandemic environment.
Successful business transitions are uncommon, and the epidemic has only increased their difficulty and rarity. It is hardly unexpected that this is challenging, especially for "traditional" organizations. A significant and permanent change in an organization's identity, value system, and capabilities necessitates three challenging actions: repositioning the core business, developing new sources of growth, and developing a deeper sense of purpose that directs strategic decisions and shapes workplace culture.
Infrastructure, processes, and technologies need to be updated in order to accommodate the growth of online commerce and remote labor. Additionally, as digital platforms like expand and diversify, it becomes more difficult to compete in certain markets. challenging economic circumstances (weak consumer demand).
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Explain any two (2) value chain activities that Coca-Cola makes use of.
Coca-Cola employs marketing and sales activities to create brand awareness and optimize their supply chain and manufacturing process to produce and distribute products efficiently.
Coca-Cola, one of the world's leading beverage companies, employs various value chain activities to produce and distribute its products effectively. Here are two examples of value chain activities that Coca-Cola uses
Marketing and Sales: Coca-Cola invests heavily in marketing and sales activities to create brand awareness and promote its products. They use various channels such as TV commercials, billboards, social media, and sponsorship of events to reach their target customers.
Operations: Coca-Cola has a highly efficient supply chain and manufacturing process that helps them produce and distribute their products efficiently. They have established production facilities in various regions worldwide, allowing them to produce and distribute products locally.
Overall, these value chain activities enable Coca-Cola to produce and distribute its products efficiently while maintaining the quality of its products and building brand loyalty among customers.
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45 Study the diagram and answer the questions that follow BUSINESS CYCLES AN Trend le 4.5 Study the diagram and answer the questions that follow. 4.5.1 What is the direction in which indexes move called? 4.5.2 Which model is illustrated in the diagram above? 4.5.3 Briefly describe the term business cycle. 4.5.4 Describe the peak of a business cycle. 4.5.5 Why is it important to determine the amplitude?
4,5,1. The phase is the direction in which indexes move
The business cycle4.5.3 The business cycle, also known as economic cycle, portrays the regular imbalances within economic activity over time. During these vicissitudes, there is usually periods of intensification (economic growth, ascending employment rates, and higher income) followed by demotion (economic decline, diminishing employment, and lower income).
These modulations are often steered by alterations such as customer consumption, corporeal investments, state expanses, and international market.
4.5.4 At the climax of any given business cycle, it marks the utmost extent reached before eventual weakening. This level denotes the end of the enlargement period and the commencement of the contraction phase.
During this zenith, the performance of the economy will be at or near its maximum power, unemployment numbers minimal, and cost increases possibly stirring due to augmenting needs for production and amenities.
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Q2: (30 marks) In a Heckscher-Ohlin model, cloth production is the labor-intensive, and food
production is capital-intensive. Home and Foreign countries have the same technology in both
sectors. Home's production possibilities frontier (PPF) is Qc²+ 402= 720, and Foreign's PPF is
40²+02=720. Q and Q are the output levels in Home and Foreign, respectively; subscripts C
and F denotes the cloth and food sectors, respectively. So, Home's opportunity cost of cloth is
Qc/(4QF) units of food, and Foreign's opportunity cost of cloth is 40/Q units of food.
(a) Derive the relative supply of cloth to food as a function of Pc/PF for each country. (6 marks)
(b) Which country is relatively abundant in labor? Explain your answer. (4 marks)
Now, suppose both Home and Foreign spend half of their incomes on each good.
(c) Derive the relative demand of cloth as a function of Pc/PF in Home and Foreign. (2 marks)
(d) Find the equilibrium relative price of cloth in each country, if they don't trade with each other.
Clearly label these equilibrium prices. (4 marks)
Now, suppose Home and Foreign are open to trade with each other.
(e) Confirm that the equilibrium relative price of cloth Pc/PF 1. (6 marks)
-
(f) Find the consumption bundles of Home and Foreign under free trade. (4 marks)
(g) Which good does Home country export? Is this trade pattern consistent with Heckscher-Ohlin
theorem? (4 marks)
The demand for cloth as a function of Pc/Pf for Home and Foreign if they each spend half of their incomes on each good is:
360/Pc for Home = D/Pf
For Foreign, D/Pf = 360/(2Pc) = 180/Pc.
How to explain the productionWe can determine Qc/Qf by substituting this into the production function for fabric.
Qc/Qf is 185 - 2Qf/40.
As a function of Pc/Pf, the relative supply of clothing to food in Foreign is as follows:
SF/SC = Qf/Qc = (40/Qc) / (18.5" - 2Qf/40.0")
(b) The nation with the lowest opportunity cost of producing fabric is Home since labor is relatively cheap there. While the opportunity cost of cloth at the home is Qc/(4Qf) units of food, it is 40/Qf units of food in the foreign country. Home has a comparative advantage in the manufacture of fabric because it has a comparatively plentiful supply of labor because Qc/(4Qf) 40/Qf.
The relative demand for cloth as a function of Pc/Pf for Home and Foreign if they each spend half of their incomes on each good is:
360/Pc for Home = D/Pf
For Foreign, D/Pf = 360/(2Pc) = 180/Pc.
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1. What is the average annual return if someone invested 100% in bonds.
2. What is the average annual return if someone invested 100% in stocks
3. Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds
4. Your friend tells you he is going to start investing and would like to earn a 10% return. He says stocks make him nervous, so he will only be investing 10% in stocks and the remaining 90% will be invested in bonds. What would you say to him?
5. Use evidence from this graph to explain the value of investing in both stocks and bonds- not just one or the other
The average annual return for investing 100% bonds and 100% stocks has been around 3-5% and 8-10% respectively. The range of 10% bond and 90% stock is wider as stocks are generally riskier than bonds. Investing solely in bonds not be sufficient to achieve a 10% return. Investing in Bonds can provide steady income, while stocks offer higher returns but also more risk.
The average annual return for investing 100% in bonds varies depending on the type of bonds and the current interest rates. Generally, bonds have a lower rate of return compared to stocks, so the average annual return would likely be around 3-5%.
The average annual return for investing 100% in stocks varies depending on the type of stocks and market conditions. Historically, the average annual return for stocks has been around 8-10%.
The range of potential annual returns for a portfolio with 10% bonds and 90% stocks would likely be wider than a portfolio with 10% stocks and 90% bonds. This is because stocks have a higher potential for both gains and losses compared to bonds, which are generally considered a more stable investment.
It's important to have a diversified portfolio that includes both stocks and bonds, as this can help reduce risk and increase potential returns over the long term. While stocks may be more volatile, they also have the potential for higher returns compared to bonds. A financial advisor can help determine the best asset allocation based on your friend's individual goals and risk tolerance.
Investing in both stocks and bonds can help balance risk and return in a portfolio. While stocks have the potential for higher returns, they also come with higher risk, while bonds offer stability and income.
By combining both types of investments, an investor can potentially increase returns while reducing overall risk. The graph may show the benefits of diversifying a portfolio and the importance of balancing risk and return.
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--The given question is incomplete, the complete question is given
" 1. What is the average annual return if someone invested 100% in bonds.
2. What is the average annual return if someone invested 100% in stocks
3. Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds
4. Your friend tells you he is going to start investing and would like to earn a 10% return. He says stocks make him nervous, so he will only be investing 10% in stocks and the remaining 90% will be invested in bonds. What would you say to him?
5. Use evidence from this graph to explain the value of investing in both stocks and bonds- not just one or the other"--
ABC uses a periodic inventory system, and the ending inventory for each year is determined by taking a complete
physical inventory at year-end. A physical count was taken on December 31, 2021, and the inventory on-hand at
that time totaled $50,000, which reflects historical cost. Record the adjusting entry for properly recognizing
2021 Cost of Goods Sold. Hint: This was the first year of operations, so beginning inventory balance is zero.
Additionally, ABC adheres to GAAP by recording ending inventory at the lower of cost and net realizable value at a total inventory level.
A review of inventory data further indicated that the current retail sales value of the ending inventory is $45,000 and estimated costs of
completion and shipping is 10% of retail. Be sure to make an additional adjustment, if necessary, to properly value ending inventory
using the Loss and Allowance methodology. For Income Statement presentation purposes, be sure to use the Loss Method for accounting
for adjustments of inventory to market value.
Answer:
Based on the information provided, the following adjusting entry can be recorded to properly recognize the 2021 Cost of Goods Sold and value the ending inventory using the Loss and Allowance methodology:
Adjusting entry to recognize Cost of Goods Sold:Debit: Cost of Goods Sold
Credit: Inventory (reflecting historical cost of $50,000)
Adjusting entry to value ending inventory at lower of cost and net realizable value:Debit: Inventory (to adjust to net realizable value)
Credit: Allowance for Inventory Loss (to reflect the estimated loss in value)
The amounts for the debit and credit should be calculated based on the estimated cost of completion and shipping, which is 10% of retail sales value ($45,000), and the historical cost of the inventory ($50,000). The exact amounts will depend on the specific numbers involved in the calculation.
It's important to note that the Loss Method is used for Income Statement presentation purposes, as per GAAP, for adjustments of inventory to market value. This means that the loss in value of inventory is recognized in the Income Statement as an expense, specifically under the Cost of Goods Sold account, in the period it is identified, rather than creating a separate contra-account for inventory write-downs.
Select the correct answer from each drop-down menu.
Apply your knowledge of the ways that trade affects individuals and cultures to complete the statements.
Market expansion and access to goods and services that would not otherwise be available locally are made possible through international commerce. The market is more cutthroat because of global trade.
Which cultural effects does commerce have?Through cultural interchange, cultures are impacted when nations start or grow commerce. Cultural exchange is the process of passing along ideas from one culture to another, including religious doctrines, worldviews, concepts, and modern technologies. In economic connections, cultural interchange is unavoidable.
Why are cultural exchanges so vital?The link between creativity and globalisation is seen to be formed via cultural exchange. Emerging market economies may be able to gain from both thanks to the equally distributed creative talent.
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Answer:
Outsourcing, cultural imperialism, oppose
Explanation:
i got it correct.
Governments are most likely to intervene in a market in which situation?
Answer:
Governments intervene in markets when they inefficiently allocate resources. Governments intervene in markets to address inefficiency. In an optimally efficient market, resources are perfectly allocated to those that need them in the amounts they need ."Do No Harm" is a mandate often referred to when it comes to caring for others. It's applicable to the Ethical Codes and Confidentiality requirements we must abide by when working with others. What you will soon learn in the field is that workers often don't treat others as they would like to be treated when it comes to confidentiality. It's usually because they enter the field of Human Services with the same values and standards of behavior they have in their personal lives.
In people's personal lives they often compromise what friends, relatives, coworkers, and even clients have told them in confidence but will be outraged if the same is done to them.
Even if the family member, friend or client never knows the confidence was broken, the person who did it knows. He or she changes with that decision. It becomes easier not to hold standards of practice, not to do the right thing. It becomes easier to excuse oneself and convince oneself that no one was hurt by what was done. But the person who compromised confidentiality ends up being hurt even if no one ever knows they did it.
I want you to explain why I say that person who compromised and broke confidentiality is the one who is hurt.
Your response should be at least one page, double spaced and 12 point font.
When a person compromises confidentiality, they have broken a sacred trust, and it is difficult to regain the trust of their client, family member, friend, or coworker. This can lead to feelings of guilt and shame, which can cause the person to feel inadequate, embarrassed, and unworthy.
The person who compromised confidentiality may also feel a heightened sense of anxiety and fear, as they now know the power of their actions and the potential consequences. This can cause them to be overly cautious and guarded in their interactions with others, as they are now acutely aware of the power of words and the potential for those words to be used against them.
The person who compromised confidentiality may also experience a sense of regret, as they may now realize the magnitude of the mistake they made and understand the possible consequences of their actions.
Finally, the person who compromised confidentiality may experience a feeling of helplessness, as they are now aware of the potential for their actions to cause pain and suffering to others, yet they are powerless to undo the harm they caused. This can lead to feelings of guilt, shame, and regret, which can further damage their sense of self-worth.
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Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 50,000 Rets per year. Costs associated with this level of production and sales are given below:
Unit Total
Direct materials $ 20 $ 1,000,000
Direct labor 6 300,000
Variable manufacturing overhead 3 150,000
Fixed manufacturing overhead 7 350,000
Variable selling expense 4 200,000
Fixed selling expense 6 300,000
Total cost $ 46 $ 2,300,000
The Rets normally sell for $51 each. Fixed manufacturing overhead is $350,000 per year within the range of 40,000 through 50,000 Rets per year.
Required:
1. Assume that due to a recession, Polaski Company expects to sell only 40,000 Rets through regular channels next year. A large retail chain has offered to purchase 10,000 Rets if Polaski is willing to accept a 16% discount off the regular price. There would be no sales commissions on this order; thus, variable selling expenses would be slashed by 75%. However, Polaski Company would have to purchase a special machine to engrave the retail chain’s name on the 10,000 units. This machine would cost $20,000. Polaski Company has no assurance that the retail chain will purchase additional units in the future. What is the financial advantage (disadvantage) of accepting the special order? (Round your intermediate calculations to 2 decimal places.)
2. Refer to the original data. Assume again that Polaski Company expects to sell only 40,000 Rets through regular channels next year. The U.S. Army would like to make a one-time-only purchase of 10,000 Rets. The Army would reimburse Polaski for all of the variable and fixed production costs assigned to the units by the company’s absorption costing system, plus it would pay an additional fee of $1.80 per unit. Because the army would pick up the Rets with its own trucks, there would be no variable selling expenses associated with this order. What is the financial advantage (disadvantage) of accepting the U.S. Army's special order?
3. Assume the same situation as described in (2) above, except that the company expects to sell 50,000 Rets through regular channels next year. Thus, accepting the U.S. Army’s order would require giving up regular sales of 10,000 Rets. Given this new information, what is the financial advantage (disadvantage) of accepting the U.S. Army's special order?
1. The financial advantage of accepting the special order from the retail chain is $54,000.
2. The financial advantage of accepting the special order from the U.S. Army is $88,000.
3. The financial advantage of accepting the special order from the U.S. Army is $30,000.
What is financial advantage?Financial advantage is a term used to describe the economic benefits that are associated with certain activities, investments, or decisions.
1. This is calculated by multiplying 10,000 units by the $51 price ($510,000) and subtracting the 16% discount of $81,600. The additional cost of the special machine ($20,000) and the savings in variable selling expenses (75% of $200,000 = $150,000) results in a net advantage of $54,000.
2. The financial advantage of accepting the special order from the U.S. Army is $88,000. This is calculated by multiplying 10,000 units by the $1.80 additional fee ($18,000) and adding the total cost savings associated with the production and sales of the units ($2,300,000 - $1,800,000 = $500,000). The net advantage is $88,000.
3. The financial advantage of accepting the special order from the U.S. Army is $30,000. This is calculated by calculating the additional revenue from the U.S. Army's special order ($18,000 additional fee + $1,800,000 cost savings) and subtracting the lost revenue from the 10,000 units that would have been sold through regular channels ($510,000). The net advantage is $30,000.
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A company reports the following:
Sales $720,510
Average accounts receivable (net) 34,310
Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year.
Answer:
Account Receivable turnover-net credit sales/average account recievable
720510/34310 equal to 21
Explanation:
a) The accounts receivable turnover is 20.99
b) The number of days' sales in receivables is 17.4 days.
The accounts receivable turnover can be calculated as
Accounts Receivable Turnover = Sales / Average Accounts Receivable (Net)
Accounts Receivable Turnover = $720,510 / $34,310
Accounts Receivable Turnover = 20.99
(b) The number of days' sales in receivables can be calculated as:
Number of Days' Sales in Receivables = 365 days / Accounts Receivable Turnover
Number of Days' Sales in Receivables = 365 days / 20.99
Number of Days' Sales in Receivables = 17.4 days
Therefore, the accounts receivable turnover is 20.99 and the number of days' sales in receivables is 17.4 days.
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A hypothetical example is based on
Multiple Choice
O
a story
an event that really happened.
an event that did not happen but that would be likely or possible.
a fact
A hypothetical example is based on an event that did not happen but that would be likely or possible.
What is meant by hypothetical exampleThe hypothetical example I provided is an event that has not yet occurred but could be possible or likely to happen in the future.
This is an example, Since humans have already sent rovers and landers to Mars and have conducted research on the planet's environment, the idea of sending astronauts to establish a human settlement on Mars is not entirely fictional or impossible.
While this particular scenario is not based on an actual event that has occurred, it is grounded in scientific knowledge and is a plausible future outcome.
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What is the difference between batch totals and hash totals?
Answer:
Hash totals are more sophisticated than batch totals. They can be used to spot missed out or doubly entered documents and can also spot more complex errors such as one document being entered twice at the same time as another is missed out. A particular item on the batch of documents that must be entered is chosen.
Explanation:
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What are some ways you can keep your saw sharp while in school and then also in your profession
Keeping your saw sharp in school and in your profession means continuously developing your skills and staying up-to-date with industry trends and advancements.
How to keep your saw sharp while in school and then also in your professionHere are some ways to do so:
Attend conferences and seminars: Attending conferences and seminars related to your field will give you the opportunity to learn from industry experts, network with other professionals, and stay up-to-date on the latest developments in your industry.
Participate in online courses and webinars: Taking online courses and webinars is an excellent way to learn new skills and techniques.
Join professional organizations: Joining a professional organization related to your field can provide you with opportunities to network with other professionals
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Can Uber Be the Uber of Everything?
Case studies topic ⬆️
The Internet may not make corporations obsolete, but the corporations will have to change their business models. Do you agree? Why or why not?
Answer the question refrence too
Answer: Corporations will not have to change their business model as much as one may think.
Explanation: Uber becoming the Uber of everything isn't a strange idea or anything new: they just get to now insert their name what ever they are expanding to. A glaring example would be the existence in oligarchies in the corporations of the US and the variety of companies owned by a ruler.
GR 11 ECONOMICS ASSESSMENT 1 QUESTION 13 What would be the opportunity cost of producing 300 units of rice?
Note that where the above conditions is given:
A) The opportunity cost of rice is lower in China than India.
B) the opportunity cost of rice of 300 units is lower in India is 0.1 tons of lentils.
What is the explanation for the above response?A) To compute the opportunity cost, we must determine the number of hours required to produce 1 ton of rice in each country. Next, we must find the ratio of hours determined to produce 1 tone of lentils to the hours required to produce 1 tone of rice.
Since in Chine, 1 ton of rice = 4 hours; and
1 ton of lentils = 2 hours
Thus the opportunity cost =
2/4 = 0.5 tons of lentils
In India, 1 ton of rice takes 2 hours to produce and 1 ton of lentils takes 6 hours to produce. Hence:
Opportunity Cost = 6/2 =3 tons of lentils..
Thus, The opportunity cost of rice is lower in China than India.
Appling the same procol in B we have:
300/100 * 4 = 1.2 hours
1.2/2 = 0.6 lentils
Thus, the opportunity cost of producing 300 units of rice in China is 0.6 tons of lentils.
To get the figure for India:
300/1000 * 2 = 0.6 hours.
This means that in 0.6 hours, India produced 0.1 tons of lentils
0.6/6 = 0.1 tons of lentils
Hence, the opportunity cost of 300 units of rice in India is 0.1 tons of lentils.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
Use the following information to answer the questions below:
China requires 4 hours to produce 1 ton of rice and 2 to produce 1 ton of lentils.
India requires 2 hours to produce 1 ton of rice and 6 to produce 1 ton of lentils.
Question 1:
What is the opportunity cost of rice for both nations? (Round your answer 2 decimal places)
What would be the opportunity cost of producing 300 units of rice?
the book value of an asset will equal its fair market value at the date of sale if
Answer:
The book value of an asset does not always equal the fair market value at the time of sale. The book value of an asset is its worth as documented in the company's accounting records, and it is often derived by deducting accrued depreciation from the item's initial cost.
The price at which the item would be sold in an open and competitive market between a willing buyer and a willing seller, both with reasonable knowledge of the relevant circumstances, is known as fair market value.
The fair market value of an asset might change over time owing to a variety of reasons such as market circumstances, supply and demand, economic trends, and other external factors. As a result, an asset's fair market value may be greater or lower than its book value at the time of sale.
In conclusion, an asset's book value and fair market value are not the same, and they might differ dramatically at the moment of sale.
how does the entry of domestic businesses into foreign markets benefit South Africa?
Answer: South African firms and consumers gain from imports through lower prices and a greater variety of goods and services. Exporters achieve economies of scale and the increased competition due to trade can spur innovation and productivity growth.
8. Two firms produce luxury ostrich skin auto seat covers, Gantsi-Westem (GW) and Sandveld Skins (SS). Each firm has a cost function given by C(q)- 30q+ 1.5q 2 The market demand for these seat covers is represented by the inverse demand equation P-300-3Q where Q-ql + q2, total output. a If each firm acts to maximise its profits, taking its rival's output as given (ie, the firms behave as Coumot oligopolists), what will be the equilibrium quantities selected by each firm? What is total output, and what is the market price? What are the profits for each firm? (6 marks) a. bi t occurs to the managers of GW and SS that they could do a lot better by colluding. If the two firms collude, what will be the profit-maximising choice of output? The industry price? The output and the profit for each firm in this case? (6 marks)
At profit maximization, the value of q1 = 30 -1/3q2
What is profit maximization?In order to identify the output level that will garner the most profit for a business, its management should determine where marginal revenue and marginal cost converge.
Marginal revenue is the additional amount of income produced with the sale of one more product while the marginal cost refers to the expenses incurred upon adding another item to the production cycle.
The point at which marginal revenue and marginal cost meet is deemed to be the profit-maximizing output level - the highest degree of profits obtained by the firm.
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