Monthly Flexible Manufacturing Budget
For the Year 2017
Activity level
Finished units 73,600 96,200 118,800
Variable costs
Direct materials($3) $220,800 $288,600 $356,400
Direct labor($6) $441,600 $577,200 $712,800
Overhead($9) $662,400 $865,800 $1,069,200
Total variable costs $1,324,800 $1,731,600 $2,138,400
Fixed cost
Depreciation[($6 * 1,299,600) 12] $649,800 $649,800 $649,800
Supervision[($2 * 1,299,600) / 12] $216,600 $216,600 $216,600
Total fixed costs $866,400 $866,400 $866,400
Total costs $2,191,200 $2,598,000 $3,004,800
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Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled country with entries Country A, Country B. The second column is labeled Cost (units) with entries 1, 1. The third column is labeled Petroleum (units) with entries 16, 8. The fourth column is labeled Seafood (units) with entries 8, 8. Based on the data in the table, has the absolute advantage in producing petroleum.
Answer:
Country A
Explanation:
Based on the data in the table, has the absolute advantage in producing petroleum is country A.
What is absolute advantage?
A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries.
Looking at the table, Country A, produces 16 units of pertroluem while Country B produces 8 units. Thus, Country A has an absolute advantage.
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Campbell's, the soup manufacturer, maintains a low-level of advertising during the entire year, but Campbell's advertises heavily during the winter months when people are cold and looking for something to help warm them up. What kind of advertising strategy is Campbell's most likely using
If an economic crisis were to occur that caused a significant decline in the projected tax revenue for the biennium, the state legislature would likely deal with the shortfall by taking which steps
If a country is going through financial difficulty, there are several steps they can take including:
Reducing spending Delaying interest payments Using cash reservesIf a country sees that its taxes will not be enough to cover its obligations, it can reduce the amount it spends on goods and services so as to reduce its obligations.
Country can also increase the time taken to pay off debts so that they can divert cash to needed areas whilst waiting for things to be better.
Country can use cash reserves that it accumulated in one form or the other to weather the storm of reduced taxes.
In conclusion, the government can deal with tax shortage in several ways.
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A salesperson lacking goals will drift around their territory, wasting time and energy. Group startsTrue or False
The more often a product turns over (e.g. the higher its turns) the ______ its inventory holding cost per unit.
what kind of potatoes are best for mashed potatoes?
One of the historical trading abuses in the mutual fund industry was allowing selected investors to rapidly trade in and out of a mutual fund in order to profit on stale prices. This practice is called:
The practice of the investors who trade in and out of the fund in order to make profit is known as Market timing.
Market timing is defined as the predictions an investor makes about price movement.
In other word, the strategy is when investor tries to identify the best times to be in the market and when to get out.In conclusion, the practice of the investors who trade in and out of the fund in order to make profit is known as Market timing.
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What happens to the price and quantity of churro waffles if the price of brown sugar decreases?.
Answer:
The price of the churro waffles will go up and the quality will go down.
If the price of brown sugar decreases, then the price of churro waffles will decrease and quantity will increase.
How quantity is affected by price changes?The quantity that customers desire is determined by the price of an item or service in a market. When non-price elements are taken out of the equation, it follows that higher prices lead to lower quantities demanded and lower prices lead to larger quantities desired. As a result, according to the rule of demand, there is an inverse connection between a product's price and the quantity that is desired for it.
A drop in the cost of the good leads to an increase in the amount required (and vice versa). The amount wanted and any market price is represented by a demand curve. A shift along a demand curve is used to illustrate a change in the amount required.
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Rinaldo is an expat working in Singapore. As part of his compensation package, a chauffeur drives him to and from work each day. The chauffer is an example of a(n) Multiple Choice wage. allowance. bonus. perk.
The chauffeur is an example of Perk because the benefit is enjoyed because Rinaldo works for the company.
Basically, Perk is recognized as an advantage / benefit that an employees gets because of working for the company.
For instance, getting free ride, lunch, donations from staffs are all examples of perks.
Here, the Chauffeur driver does drive Rinaldo to and from work because it is part of his compensation package.
This benefit of this transportation is not part of Rinaldo's wage, allowance or bonus.
Therefore, the answer is Option D because the benefit is enjoyed because he works for the company.
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Which company makes more money? Gucci, which makes a Profit of $75.00 per belt sold, or Wal Mart which makes $0.62 per belt sold? Explain your answer…
Answer:
Probably Walmart. Considering the price is so low for Walmart, more people are likely to buy it. Therefor the value will drop.
Explanation:
Question 2 of 10
Which of the following are possible negative consequences of filing for
bankruptcy?
O A. Loss of employment
OB. Reduced and consolidated debt
O C. Increased credit score and reduction of debt
O D. Loss of property and lowered credit score
Answer:
D
Explanation:
The possible negative consequences of filing for bankruptcy is loss of property and lowered credit score. Option D is an appropriate response.
What is bankruptcy?Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor. An organization files for bankruptcy when it is unable to pay its creditors or honor its financial commitments.
Bankruptcies are seen negatively by prospective lenders and are recorded as bad information on your credit report. If creditors discover a bankruptcy on your credit report, they can opt not to grant you credit or, if they do, they might do so with more expensive interest rates and unfavorable terms.
Your credit scores may suffer if you declare bankruptcy. Hence, the appropriate response is option D.
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in a competitive market, the actions of any single buyer or seller will
Answer:
it will increase the tension of competition
How can you make the most of a tight budget?
a) making a list before shipping
b) buying on sale
c) setting good priorities
d) all of these
Answer:
D
Explanation:
most prob everything is good
Suppose that Walmart and Target are selling Sony flat-screen computer monitors for a price of $150 or $200 each. Based on the information in the payoff matrix, does a Nash equilibrium exist?
Based on the information in the payoff matrix, a Nash equilibrium exists.
Nash equilibrium can be described as the choice market players would make in which they would have no incentive to change their decisions. It is the best outcome for each market player.
Looking at the payoff matrix, the payoff of charging $150 results in the higher profits for both Walmart and Target. Thus, the Nash equilibrium for both stores is to charge $150.
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beneficiaries are responsible for of prescription costs
Answer:
In general, beneficiaries are responsible for paying the following for a Medicare Prescription Drug Plan:
Monthly premiums
Annual deductible
Copayments or coinsurance
A small copayment for the rest of the calendar year after they reach a certain out-of-pocket amount
Explanation:
software is used to play, create, and modify audio and video files.
If you are asking if this is true it is
Witch method of commuting is most likely to reduce your need to go to the gym or get a treadmill
Answer:
Walking or using of bicycle
Explanation:
Use of legs are needed in both method of commuting. Leg muscles will be worked up and it also produces sweat that is equivalent to gym exercise
Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing
Answer:
franchising marketing
EconomicsAlthough GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States?
a. The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.b. The costs of air and water pollution.c. Funds spent by city governments to renovate their buildings.d. The leisure time they have.
When a U.S. company purchases and imports wood from Brazil to use to build new houses within the United States, this purchase increases the_____component of GDP while also_____net exports by the same amount. Therefore, the purchase of wood from Brazil_____in US GDP.
The following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States:
a. The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
b. The costs of air and water pollution
d. The leisure time they have
The purchase of wood from Brazil, the import component of GDP increases whole net exports decreases by the same amount. The purchase of wood from Brazil decreases US GDP.
Gross domestic product is the sum of final products produced in a country within a given period. GDP can be determined using the expenditure, income or value added product.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government spending + Net export
Items not included in the calculation of GDP includes:
1. Activities not reported to the government
2. illegal activities
3. sale or purchase of used products
4. externalities
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When Federal Reserve Banks purchase government from commercial banks, they increase the reserves in the banking system, which then increases the lending ability of the commercial banks.
When Federal reserve banks purchase government securities from commercial banks, they increase the reserves in the banking system and they also increase the lending ability of the commercial banks.
If the Federal reserves want to increase the reserves, what they do is to buy securities. They then make a deposit to the account held at the commercial bank.
An example is if the Feds should buy securities of 1000 dollars, the bank would be having an excess of 1000 dollars to lend.
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Online calculators and worksheets can help you find answers to financial planning and investing questions. Group of answer choices True False
True, the various online calculators and worksheets can help one to find answers to financial planning and investing question.
Today, the computer application which are programmed to provided the solutions to different level of financial planning and investing question can not be assessed online.
For instance, the MS Excel which was one of the earliest wroksheet can not be used online in form of G.oogle Spreadsheet etc
Therefore, it is true that various online calculators and worksheets can help one to find answers to financial planning and investing question.
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Mr. Forest, a single taxpayer, recognized a $252,000 loss on the sale of Section 1244 stock. What is the character of this loss
Based on current tax laws, the character of this loss is $50,000 ordinary loss and $202,000 capital loss.
Tax laws stipulate that when it comes to losses from section 1244 stock, $50,000 is the maximum that can be stipulated for losses to a single person with the rest being treated as capital loss.
This means that $50,000 will be stipulated as ordinary losses here and the capital loss will be:
= 252,000 - 50,000
= $202,000
In conclusion, $50,000 is ordinary loss and $202,000 is capital loss.
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True or False: Your landlord, the over of your rental property, has the right to enter your apartment, any time he wants to
to be certain that you are following the NO SMOKING re because he is concerned about safety and damage to the apartment.
Answer:
false
Explanation:
he/she is not allowed to enter at any time because he/she does not have the right to enter the home if you are not there.
Large stock dividends are recorded at _______ and small stock dividends are recorded at ______. Multiple choice question. market value; market value par value; par value cost; cost cost; par value par value; market value
Firms always distribute dividend to its shareholders. Large stock dividends are recorded at par value and small stock dividends are recorded at market value
Large stock dividends are simply referred to as new shares issued that are more than 25% of the value of the total shares outstanding before dividend.The journal entry is known to transfers the par value of the said shares from retained earnings to paid-in capital.
The stock market often see and adjust for the changing value of each share as the company have an increased number of shares.
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True or false: The Malcolm Baldrige National Quality Award is to honor companies that show quality in seven key areas and have customer satisfaction ratings higher than competitors.
Answer:
True
Explanation:
If you need more reassurance look the award up. Plz give brainliest!
List one thing you SHOULD do if your car loan suddenly becomes too expensive.
Answer:
Modify Your Auto Loan.
Refinance Your Vehicle Loan.
Trade-in Your Car.
Let Someone Else Assume Your Loan.
Sell Your Vehicle.
Turn the Keys In.
Let Your Car Be Repossessed.
File for Bankruptcy.
which general staff member directs management of all
Answer:
manager
Explanation:
Convertibles. Barry, a new car dealer, advertised that a new brand of convertible called Wind would be available at his dealership for the price of $10,000 each. He had only three Wind vehicles, however, and when those were sold, he tried to convince shoppers to purchase a much more expensive new convertible at a price of $25,000. Kathy, a customer who decided to purchase one of the more expensive vehicles, needed financing in order to do so. She had $10,000 to pay on the car and sought a loan from ABC Bank for the remainder. She wanted the loan for a specific amount of time. ABC Bank offered her the loan and she agreed. The only information she received from ABC Bank was confirmation that she borrowed $15,000 at an 8% interest rate. After receiving several complaints, the Federal Trade Commission disapproved of Barry's action in regard to the Wind vehicles. Claiming that his advertisement was misleading, the Federal Trade Commission proceeded to issue a cease-and-desist order prohibiting deceptive advertising involving Wind vehicles and any other vehicles Barry offered for sale.
Required:
What terms references the cease-and-desist order entered by the Federal Trade Commission involving not only Barry's sales of Wind but also his sales of all other vehicles?
Answer:
Which of the following terms references the cease-and-desist order entered by the Federal Trade Commission involving not only Barry's sales of Wind but also his sales of all other vehicles? A Multiple Product Order
Explanation:
A scope creep __________ is a list of additional ideas or bells and whistles proposed during a project.
Based on business management, a scope creeps "parking lot" lists additional ideas or bells and whistles proposed during a project.
Typically, a scope creeps parking lot is a document that records the project scope requests that the stakeholders do not authorize.
There a various information or scope requests that can be documented in the scope creep parking lots. Some of these unauthorized scope requests include the following:
An ambiguous scope of workPoor planning scheduleProject duration and complexity lCommunication between project stakeholders, etc.Hence, in this case, it is concluded that the correct answer is "parking lot."
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Preferred stock generally (has/does not have) ______ voting rights and (has/does not have) ______ preference as to dividends.
According to share and stocks management, the preferred stock generally does not have voting rights and has a preference as to dividends.
This is because Preferred stock is a type of stock that is first paid to the stockholders before the common share or stockholders are paid.
However, unlike the common stockholders that have voting rights in a firm, the preferred stockholders do not have voting rights.
Hence, in this case, it is concluded that Preferred stock has its advantages and disadvantages.
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