Costs such as transportation-out, sales commissions etc. are sometimes called the direct costs.
What is the direct cost?Direct cost is the cost, that is directly linked with the production of goods or services.
Direct cost mainly consists of the direct labor, direct material, commissions etc.
Direct cost is incurred by the business in the making of a product or service
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Fill in the blank question. Suppose a snowboard manufacturer increases its output by 1 snowboard per day. As a result, the total cost of producing snowboards each day rises from $100 to $110. The marginal cost of producing an extra snowboard is
The marginal cost of producing an extra snowboard for the snowboard manufacturer is $10.
What is marginal cost?Marginal cost is the change in total costs that results when additional output is produced.
Marginal cost is the incremental cost that is experienced with a unit increase in output.
Thus, the marginal cost of producing an extra snowboard for the snowboard manufacturer is $10.
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1. Analyze financial statements. 2. Transfer journal entries to ledger 3. Prepare the financial statements. 4. Record transactions in journals. 5. Take a trial balance. 6. Analyze source documents Match each of the options above to the items below. i. Separate purchasing receipts from sales documents. ii. Record financial data. iii. Post individual transactions into a single account. iv. Summarize data in the ledgers. v. Prepare income statement. vi. Evaluate profit/loss of the firm.
Analyze transactions- Post individual transactions into a single account, Transfer journal entries to ledger-Summarize data in the ledgers, Prepare the financial statements-Evaluate profit/loss of the firm, Record transactions in journals--Prepare income statement, Take a trial balance-Record financial data, Analyze source documents- Separate purchasing receipts from sales documents.
What is profit and loss?Profit is the excess amount of the firm, which the business has attended in the financial year of working. I t includes the net profit. Loss is the amount that a firm occurred during a year, it covers the net loss of the firm.
Thus, the statement are matched above.
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Bob has a face-to-face interview tomorrow morning. he has done his research and knows a lot about the prospective employer. he wants to dress to impress. what guidelines should he follow when deciding what to wear for his interview
Dressing to impress for interviews would typically involve wearing professional dress in order to look smart and presentable.
Bob has to follow some of the listed tips (not exhaustive) in addition to the due diligence he has done about his employer.Some of the options he has would include:
A suit, jacket and tieA semi-formal trousers and a shirt Sweater and necktie.Dressing properly for interviews would put Bob in a better light as it shows he is serious about the job. It also shows he is interested in the position, and finally demonstrates an understanding of the company's corporate culture.
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An advantage of doing company research before an interview is: a. it improves the applicant’s ability to market their skills b. it can increase the confidence of the applicant c. it can compensate for a lack of experience d. all of the above please select the best answer from the choices provided a b c d
An advantage of doing company research before an interview is that a. it improves the applicant’s ability to market their skills
What is an Interview?This refers to the formal hearing where a person is analyzed and considered to fill up a particular post.
Hence, we can see that the advantage of performing company research before an interview is that it would improve the applicant’s ability to market their skills as he would know the ins and outs of the company.
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A differentiation strategy works best when ________. Group of answer choices technological change is fast-paced and competition revolves around rapidly evolving product features. buyers' needs are homogeneous. many rival firms are also pursuing a differentiation approach. firms have ample excess cash to invest in R
Answer:
technological change is fast-paced and competition revolves around rapidly evolving product features.
Explanation:
A differentiation strategy works best when technological change is fast-paced and competition revolves around rapidly evolving product features.
NEED HELP ASAP! WILL GIVE BRAINLIEST TO GOOD ANSWER
For business paper 2, what do I need to revise and can anyone give me tips?
Answer:
effective way to revise for Business. ...
Mind Maps. Mind maps allow you to organise information better visually, through the use of branches and sub-branches. ...
The right environment. ...
Study buddy. ...
How is simple interest calculated?
OA. It is calculated on the principal amount of the loan.
OB. It is calculated on the
collateral on the loan.
OC. It is calculated on the annual percentage yield.
OD. It is calculated on the compound interest of the loan.
Simple interest is calculated in this way: A. It is calculated on the principal amount of the loan.
What is simple interest?Simple interest is the type of interest that does not compound and is calculated on the principal portion of a loan.
The formula for computing simple interest is Principal x APR x Number of years.
For example, the simple interest of $100,000 at 2% APR for 2 years is $4,000.
Thus, simple interest is calculated in this way: A. It is calculated on the principal amount of the loan.
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After considering options, a student using the problem-solving process should next.
Explanation:
Implement the solution should come next after selecting the solution in problem solving process.
Netflix and wal-mart both did well during the recession. which factor of the business/marketing environment best explains this?
The business/marketing environment factor that explains why Netflix and Wal-mart did well during the recession is branding.
What is branding?It corresponds to a strategy of active management of a brand, creating value for it through its visual identity and objectives, generating engagement with the target audience and satisfying their needs and desires in an innovative and creative way.
Therefore, branding is an essential strategy for a brand to be competitive and well positioned in the market.
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External forces in the natural environment include A. the trend toward healthier lifestyles, which can shift spending toward exercise equipment and health clubs and away from alcohol and snack foods. B. air and/or water pollution, the depletion of irreplaceable natural resources, or inefficient energy/resource usage. C. interest rates, exchange rates, the inflation rate, the unemployment rate, the rate of economic growth, trade deficits or surpluses, savings rates, and per-capita domestic product. D. tax policy, fiscal policy, tariffs, the political climate, and the strength of institutions such as the federal banking system. E. slow growth in buyer demand.
External forces in the natural environment is C. interest rates, exchange rates, the inflation rate, the unemployment rate, the rate of economic growth, trade deficits or surpluses, savings rates, and per-capita domestic product.
What are external forces?
These are factors that affect an environment from the outside instead of within.
For the natural environment, this would represent everything that affects nature, but aren't really part of nature. This includes inflation, unemployment, and other economic factors.
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Question 1 of 10
In a business cycle, a contraction occurs when:
OA. a period of economic growth reaches its highest point.
B. the economy begins to show growth in key economic indicat
OC. a period of economic decline reaches its lowest point.
D. the economy slows down following a period of growthm
In a business cycle, a contraction take place when there is the economic downturn after the construction of economic growth. Option D is correct.
What is contraction in business cycle?Contraction is defined a diminishing in whole of the economy in the business cycle, it is the 3rd phrase of the business cycle. A contraction happens when the business cycle attains its peak, but before it reaches its trough.
Therefore, option D is correct.
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In the case where a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, what could the frec do to the broker?
a. the frec must revoke the broker's license for being found guilty.
b. the frec must suspend the broker's license until the fund has been repaid.
c. the frec may issue a citation.
d. the frec must put the broker under probation.
When a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the frec must revoke the broker's license for being found guilty.
Who's a broker?It should be noted that a broker simply means a person that buys and sells shares for other people.
In this case, when a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the frec must revoke the broker's license for being found guilty.
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If you were running a marathon which type of muscle fibers.
Answer:
Skeletal muscle fibers
Explanation:
Difference between compensatory and punitive damages.
Answer:
Compensatory damages are awarded to benefit the plaintiff and to help him or her cover the costs of an accident and/or injury. Punitive damages are awarded to punish the defendant.
The business owner used $25000 from their personal savings account to but common stock in their company. what would be the journal entry?
cash debit cash 25000?
common stock credit common stock 25000?
The accounting entry is to Credit Cash for 25000 and Debit Common Stock for 25,000
What is journal entry?Journal entry shows how a business financial transactions are being recorded.
Typically, when cash is withdrawn from a business or personal account, the accounting entry is to credit the cash account.
Hence, the accounting entry is to Credit Cash for 25,000 and Debit Common Stock for 25.000.
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Your wealthy uncle established a $2,100 bank account for you when you were born. For the first 9 years of your life, the interest rate earned on the account was 4%. Since then, rates have been only 2%. Now you are 23 years old and ready to cash in. How much is in your account
The future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.
What is future value?The future value of an amount is the value obtained in the future after compounding at an interest rate.
The future values after years 9 and 23 can be determined using an online finance calculator as follows:
Future Value of $2,100 after 9 years:N (# of periods) = 9 years
I/Y (Interest per year) = 4%
PV (Present Value) = $2,100
PMT (Periodic Payment) = $0
Results:
FV = $2,988.95
Total Interest $888.95
Future Value of $2,988.95 after 14 years:N (# of periods) 14 (23 - 9)
I/Y (Interest per year) = 2%
PV (Present Value) = $2,988.95
PMT (Periodic Payment) = $0
Results:
FV = $3,943.86
Total Interest $954.91
Thus, the future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.
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Using the national saving and investment identity, if private savings equal $3200, private investment equals $7800, and the government budget deficit equals $3300, what does the inflow of foreign savings equal
The inflow of foreign savings equal $7700.
Foreign savingsUsing this formula
Foreign savings=Private saving +Private investment- Government budget deficit
Let plug in the formula
Foreign savings=$3200+$7800-$3300
Foreign savings=$7700
Therefore foreign savings equal $7700.
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Gobi is an employee of Haz-Mat, Inc. He refuses a transfer to a Haz-Mat department in which several employees suffered serious injuries from exposure to hazardous materials. Under the Occupational Safety and Health Act, Gobi may be Group of answer choices
The Occupational Safety and Health Act protects employees that have suffered serious injuries from exposure to hazardous materials if they refuse a transfer to a Haz-Mat department.
What was the aim of the Occupational Safety and Health Act?The Occupational Safety and Health Administration (OSHA) was founded by Congress in 1970 to control or guarantee dependable and healthy working states for workers by launching measures as well as furnishing training, education, reaching, and help.
Therefore, The Occupational Safety and Health Act protects employees from serious injury if they refuse a transfer to a Haz-Mat department if the refusal is due to exposure to hazardous materials.
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A limit order is an order away from the market price that is held in a ________ until it can be executed at the desired price. Group of answer choices continuous order book limit order book dealer book none of the options
A limit order is an order away from the market price that is held in a limit order book until it can be executed at the desired price.
What is limit order?A limit order refers to the purchase of securities at a well negotiated price, other than the price stated. The limit order places an already known amount before purchasing or selling security.
Hence, a limit order is an order away from the market price that is held in a limit order book until it can be executed at the desired price.
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An exception occurred while processing your request. additionally, another exception occurred while executing the custom error page for the first exception. the request has been terminated.
After the necessary troubleshoot of adding the web-config transformation file, they can also proceed to publish options to have debugging enabled or disable.
What is the problem about?In web design, the problem is often occurring when the webmaster is trying to publish an website as an web-role.
However, after the necessary troubleshoot of adding the web-config transformation file, they can also proceed to publish options to have debugging enabled or disable.
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Two qualities that a good ___________ should have are to be persistent and not accept rejection.
A). product manager
B). founder
C). salesperson
D). account manager
Jim is an accountant who reimburses travel expenses for company employees who have used personal funds for travel. Tom, a company sales rep, has requested a reimbursement for a $200 dinner. However, Tom does not have proper documentation which means the expense cannot be reimbursed. Tom offers to split the reimbursement with Jim, if Jim will approve it without the documentation. Jim should
The inference shows that Jim should reject the reimbursement as confidentially report the incident.
What is an inference?An inference simply means the conclusion that can be deduced based on the information given in a literary work.
In this case, the inference shows that Jim should reject the reimbursement as confidentially report the incident.
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Garbo purchased a riding lawnmower from Thrifty mowers for $5,000. It was their standard, top-selling model. Garbo paid in cash and scheduled a delivery for the next day to her house. If Thrifty does not deliver the mower, then refuses to pay back her money, what is the best remedy for Garbo to seek
The best remedy for Garbo to seek is the C. equitable remedy of specific performance.
What is specific performance?Specific performance is an equitable remedy ordered by the court requiring complete contract performance by the failing party.
Seeking an equitable remedy of specific performance will force Thrifty to deliver the ordered riding lawnmower to Garbo.
Answer Options:a. remedy of an injunction.
b. remedy of recission.
c. remedy of specific performance.
d. A legal remedy for the $5.000.
Thus, the best remedy for Garbo to seek is the C. equitable remedy of specific performance.
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The nature of demand indicates that as the price of a good increases.
The nature of demand indicates that as the price of a good increases D) buyers desire to purchase less of it.
What is the demand curve?The demand curve is a graphic representation of the relationship between price and the quantity demanded.
All things being equal, the demand curve shows a downward sloping demand when the price of goods increases because buyers purchase less quantity of the goods.
Answer Options:A) suppliers wish to sell less.
B) more of it is produced.
C) more of it is desired.
D) buyers desire to purchase less of it.
Thus, the nature of demand indicates that as the price of a good increases D) buyers desire to purchase less of it.
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The final step in the portfolio management process is most likely to include: investment research. portfolio construction. evaluation of portfolio per
The evaluation of portfolio is the final step in the portfolio management process.
What is a portfolio management?This refers to the process of selecting group of investments that meet a firm's long-term financial objectives.
The steps of a portfolio management includes:
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Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds?
Mr. Slater is advised to divest his investment in stocks by $8,288 to rebalance his portfolio in the desired ratio.
What is portfolio rebalancing?The process of investing or divesting as per the changing behavior and desired returns of the consumer in different classes of investment is known as portfolio rebalancing.
Using the given information, it can be calculated that if Mr. Slater divests his $8288 in bonds from stocks, his portfolio will be rebalanced in the desired ratio.
Hence, the amount to be divested by Mr. Slater to rebalance portfolio is aforementioned.
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Copyright law contains an exception known as ______, which provides for a limited set of circumstances where others can use portions of copyrighted material without first obtaining permission. Select the your answer, then click Done.
Copyright law contains an exception known as fair use which provides for a limited set of circumstances where others can use portions of copyrighted material without first obtaining permission.
What is copyright law?It should be noted that copyright law simply means a law that grants the holder the control over the production and distribution of a material.
In this case, copyright law contains an exception known as fair use which provides for a limited set of circumstances where others can use portions of copyrighted material without first obtaining permission.
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For each scenario, identify which argument is being used to justify trade protectionism. a. Politicians in a small nation want to impose tariffs on foreign food because they believe the nation is too dependent on foreign producers. national security b. Lobbyists argue that by prohibiting the importation of manufactured goods, the domestic manufacturing industry will create thousands more jobs. job creation c. Brazil imposes high tariffs for computer imports so small, domestic manufacturers can develop the technology needed to compete with foreign competitors. infant industry d. Lobbyists argue that raising import tariffs on foreign oil will lead to more domestic jobs in the domestic energy industry. job creation
These are the scenarios that we must use to classify the claims:
Job Creation ArgumentNational Security ArgumentInfant Industry ArgumentWhat is a trade protectionism?This involves the restriction policy on imports goods such as tariffs, import quotas, government regulation etc.
Job Creation ArgumentLobbyists argue that by prohibiting the importation of manufactured goods, the domestic manufacturing industry will create thousands more jobs.Lobbyists argue that raising import tariffs on foreign oil will lead to more domestic jobs in the domestic energy industryNational Security ArgumentPoliticians in a small nation want to impose tariffs on foreign food because they believe the nation is too dependent on foreign producersInfant Industry ArgumentBrazil imposes high tariffs for computer imports so small, domestic manufacturers can develop the technology needed to compete with foreign competitors
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What is a benefit of investing in mutual funds? (CS18)
Investors' fees are waived because it is an ownership investment.
Investors are guaranteed a minimal amount of return.
Investors earn interest because it is a lending investment.
Investors have access to a fund manager's expertise.
The major advantage of investing in mutual funds is the investors have access to a fund manager's expertise. hence, Option D is the correct statement.
What are Mutual funds?An agency that collects money from many buyers and invests the money in securities including stocks, bonds, and short-term debt is called Mutual funds.
The mixed holdings of the mutual fund are called a portfolio. Investors purchase stocks in mutual funds.
Therefore, Option D is the correct statement.
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Johnson Controls, Inc. produces the seats for the Dodge Neon. Although Johnson initially was able to meet Dodge's cost target, it was not able to meet its safety, weight, and comfort specifications. Engineers from Dodge visited the Johnson plant and worked with its design people to create a seat that met all of the technical requirements at a cost that both could agree on. Johnson Controls and Dodge engaged in ________.
Johnson Controls and Dodge engaged in Reverse Marketing.
What is Reverse Marketing
Reverse Marketing can be defined as a type of marketing in which the customer are the one that patronized your a company business instead of the company creating brand or product awareness to the consumer.
This type of marketing strategy enables customer to be attracted to your business just as in the case of Johnson controls and its consumer Dodge.
Therefore Johnson Controls and Dodge engaged in Reverse Marketing.
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