Tamock Company purchased a plant from one of its suppliers for a total purchase price of $975,000.
An appraisal showed that the land was assessed at $126,000, the building at $486,000, and the machinery at $288,000. This adds up to a total assessed value of $900,000. Using the assessed values as a guide, the following allocation of the purchase price can be made to the land, building, and machinery accounts in Tamock Company's records:
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"take hundred now is more valuable than take hundred after one year" explain it
Answer:
Today's dollar is worth more than tomorrow's because of inflation (on the side that's unfortunate for you) and compound interest (the side you can make work for you). Inflation increases prices over time, which means that each dollar you own today will buy more in the present time than it will in the future.
an inadvertent siren was sounded for mcguire nuclear station. no action needed.
No action is needed in this case. An inadvertent siren is a false alarm that is accidentally triggered by a malfunctioning siren system
What is malfunctioning ?Malfunctioning is when a device or system does not work as intended. It can be caused by a variety of factors, such as hardware or software issues, user errors, or environmental conditions. Malfunctioning can cause a variety of problems, including decreased performance, data loss, and even complete system failure.
It is important to identify the source of the malfunction in order to fix it. This can involve troubleshooting hardware and software components, checking connections and settings, and running diagnostic tests. In some cases, it may be necessary to replace faulty components or upgrade the system in order to prevent future malfunctions.
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An account into which a person deposits money and then can withdraw funds by making a written order to the bank instructing it to pay money from the account to another person or a business is known as
a. a savings account.
b. achecking account.
c. a cashier's account.
d. a credit account.
Why do corporations, companies, and government agencies use formal application forms?Select the best answer from the choices provided.A.they only hire part-time or entry-level employeesB.they do not have time to interview everyone they employC.it is the first step in the employment processD.due to the amount of employment requests they need a uniform document to organize records and identify candidates' skills
Answer:
D
Explanation:
they can not hire everyone
Marginal revenue product is the: a. change in total output resulting from a unit change in the quantity of a variable input. b. price of the output multiplied by the total units of output produced. c. change in total cost resulting from a unit change in the quantity of a variable input. d. ratio of total revenue to the quantity of a variable input employed. e. change in total revenue resulting from a unit change in the quantity of a variable input.
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
Banks are a stabilizing force in our entire financial system. Discuss two of the three primary function of the banking system.
Answer: Banks transfer money from savers to borrowers by holding deposits and lending excess reserves. Banks also create money by making loans of excess reserves.
Explanation: Those are two primary functions.
The banks function in three ways as transfer money from savers hold deposits, and make money by giving loans.
What is a banking system?A banking system is one that is a group or a network of institutions that provides financial services to people. The banking system includes the provision of loans, deposits, and helping investments.
The bank transfers the money from the savers to borrowers by holding the deposits and lending the excessive transfer of reserves.
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Chiko bought 75 shares of stock at $19.58 per share. She recelved total dividends of $73.42 during the year. At the end of the year, her stock was valued at $22.14 per share. What was her ROI? (Round percentages to one decimal place.)
Answer:
Return on investment = 18.07% (Approx.)
Explanation:
Given:
NUmber of share = 75 shares at $19.58 per share
Amount of dividend received = $73.42
Stock value at end = $22.14 per share
Find:
Return on investment
Computation:
Purchase price = 75 x 19.58
Purchase price = $1,468.5
Final value + Dividend = 75(22.14) + 73.42
Final value + Dividend = $1,733.92
Profit = $1,733.92 - $1,468.5
Profit = $265.42
Return on investment = [Profit / Initial value]100
Return on investment = [265.42 / 1,468.5]100
Return on investment = 18.07% (Approx.)
The steps in the budgeting process are
The process of managing the movement of goods from raw materials to the ultimate consumer and any necessary returns or recycling is:
The process of managing the movement of goods from raw materials to the ultimate consumer and any necessary returns or recycling is known as supply chain management.
Supply chain management involves the coordination and optimization of the various activities involved in the production and distribution of goods and services. These activities may include procurement of raw materials, transportation, warehousing, inventory management, production planning, order fulfilment, and customer service.
Effective supply chain management requires collaboration and communication among various stakeholders, including suppliers, manufacturers, distributors, retailers, and customers. It also involves the use of advanced technologies and data analytics to track and optimize the flow of goods and information across the supply chain.
The ultimate goal of supply chain management is to maximize efficiency, minimize costs, and improve customer satisfaction by delivering products and services that meet their needs and expectations.
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Do you believe that "rationing" ensures that "everyone receives their fair share"? If no, why? If yes, why?
Yes, "rationing" ensures that "everyone receives their fair share".
Rationing is the managed distribution of scarce resources, goods, services, or a synthetic restriction of demand. Rationing controls the size of the ration, that is one's allowed part of the sources being allotted on a selected day or at a specific time.
Rationing involved placing limits on purchasing certain high-demand gadgets. The authorities issued some of the “points” to every person, even babies, which needed to be turned in in conjunction with cash to purchase items made with restricted items.
Rationing often includes food and other necessities for which there may be a shortage, including materials for the conflict attempt such as rubber tires, leather-based shoes, apparel, and gasoline. Rationing food and water may be necessary throughout an emergency, along with a herbal disaster or terror attack.
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According to the neoclassical perspective, in response to a shock to aggregate demand, prices and wages will change such that the economy moves back to the same level of potential GDP. What determines how long this adjustment process takes?
The factor that determines how long this adjustment process takes is that the long-run aggregate supply curve (ASn), that is vertical at the level of potential GDP, is one that determines the level of real GDP in this economy in the long run.
What is neoclassical model about?When there is increases or decreases in aggregate demand, the neoclassical view holds the notion that how the macroeconomy adjusts is due to the foresight it has that even if wages and prices are termed “sticky”, or slow to change, in the short run, they will be flexible.
In the long-run neoclassical analysis, it is shown that the chain of economic events is ever changing as economic output is said to rise above potential GDP.
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Question 27 pts OSHA, the Occupational Safety and Health Administration, has notified you that your company is legally required to install safety rails around the large vats of chemicals in your factory. You need to follow their order so that you are: Group of answer choices in compliance. licensed. insured. contracted.
EXERCISE 5 Dubai Industrial Company manufactures two products: Crystal and Glass. Management believes that the accounting system is not accurately allocating costs to products, and has asked you to investigate the cost allocation problem. You find that manufacturing overhead is currently assigned to products based on their machine hours. You have the following data: Crystal Glass Total Direct Material AED 534,000 678,000 1,212,000 Direct Labor 440,000 528,000 968,000 Manufacturing Overhead 862,000 No. of units produced 22,042 units 28,000 units 50,042 units Management has determined that overhead costs are caused by three cost drivers as follows: Cost Driver Activity Measure Costs Assigned Crystal Glass Total Machine Processing Number of AED 240,000 1,200 1,800 3,000 machine hours Production Orders Number of AED 316,200 140 200 340 orders Shipments AED 305,800 80 120 200 Number of shipments Total M.OH AED 862,000 Required. (Show all caclulations) a. Calculate POHR as per traditional method using machine hours as the allocation base b. If the company uses the ABC costing system and the three cost drivers are used to allocate overhead allocate the manufacturing overhead costs: A- How much overhead will be assigned to each product? B- What is the total cost per unit produced for each product?
a.The predetermined overhead rate (POHR) using machine hours as the allocation base can be calculated by dividing the total manufacturing overhead cost by the total machine hours. In this case, the POHR would be AED 862,000 / 3,000 machine hours = AED 287.33 per machine hour.
b. Using the ABC costing system, the manufacturing overhead costs will be allocated to each product based on the activity measures. To allocate the overhead costs, the overhead cost is divided by the total activity measure for each cost driver. The overhead assigned to Crystal and Glass based on the three cost drivers would be as follows:
Machine Processing: Crystal = AED 240,000 / 1,200 machine hours = AED 200 per machine hour; Glass = AED 1,800 / 3,000 machine hours = AED 0.60 per machine hour.
Production Orders: Crystal = AED 316,200 / 140 orders = AED 2,258.57 per order; Glass = AED 200 / 340 orders = AED 0.59 per order.
Shipments: Crystal = AED 305,800 / 80 shipments = AED 3,822.50 per shipment; Glass = AED 305,800 / 120 shipments = AED 2,548.33 per shipment.
To calculate the total cost per unit produced for each product, the sum of direct material, direct labor, and allocated overhead costs should be divided by the number of units produced.
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Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?
Answer: $600F
Explanation:
Given the following :
standard unit price - $1.80
actual purchase price per unit - $1.65
actual quantity purchased - 4,000
units actual quantity used - 3,900
units standard quantity allowed for actual production - 3,800 units
Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased
($1.65 - $1.80) × 4000
( $0.15) × 4000
$600F (Favorable) because standard price is higher than actual price
The GUI is an index used by the OS to manage computer files,
O False
O True
Answer: I think it's true
To create a balanced budget one, must make sure to...
a) spend as little as possible
b) pay credit card payments first
c) spend less than or equal to income
d) pay off debts first
Answer:
c) spend less than or equal to income
by spending less than or equal to, you are balancing a budget. You are creating a balance between income and expense, which supports a steady/consistent, and logical budget.
^entire answer has been updated.
A political benefit of economic integration is that: A. it enables participants to achieve gains from the free flow of trade. B. it enables participants to achieve gains from the free flow of investment. C. it allow countries to specialize in the production of goods and services that they can produce most efficiently. D. it creates reduces the potential for violent conflict.
Economic integration has the political advantage of allowing parties to profit from free commerce. Here option A is the correct answer.
Economic integration refers to the process of removing barriers to trade and promoting closer economic cooperation among countries. By facilitating the free flow of goods and services across borders, economic integration fosters trade liberalization, leading to various political advantages.
Firstly, economic integration promotes economic interdependence and cooperation among nations. As countries become more integrated, they develop stronger economic ties and mutual interests. This interdependence can contribute to political stability by reducing the likelihood of conflicts and fostering diplomatic relations. When nations have shared economic interests, they are more likely to engage in dialogue and negotiations to resolve disputes peacefully.
Secondly, economic integration can enhance a country's geopolitical influence. Participating in regional or international economic agreements allows nations to play a more prominent role in decision-making processes that affect trade rules and regulations. This increased influence can help shape global political and economic agendas, giving participating countries a platform to voice their interests and concerns.
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How can choosing the right institution help you manage money effectively?
Answer:
You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.
Explanation:
4.
MATH You plan to start a corporation. You have $67,500 in sav-
ings, but need $165,000 total to begin your business. How much
money will you need from investors? What will be your percent-
age of ownership? If you have four outside investors, how much
will each investor need to invest? What percentage will each
investor own?
Answer:
1. $97,500
2. 40.9%
3. $24,375
4. 14.77%
Explanation:
Given the following data;
Amount of money owned (Savings account) = $67,500
Total amount required = $165,000
To find the amount needed from investors to start the business;
Let the balance = X
\( Total = Savings + X\)
Substituting into the equation, we have;
\( 165,000 = 67,500 + X\)
\( X = 165,000 - 67500\)
X = $97,500
To find the percentage of ownership;
Percent ownership = savings/total * 100
Substituting the values into the equation;
\( Percent \; ownership = \frac {67500}{165000} * 100\)
\( Percent \; ownership = 0.409 * 100\)
Percent ownership = 40.9%
To find the amount to be invested by each of the four investors;
Investor = X/4
Substituting into the equation, we have
Investor = 97500/4
Investor = $24,375
Therefore, each of the investors will need to invest $24,375.
Percentage for each investor;
\( Percent = \frac {24375}{165000} * 100\)
Percent = 14.77%
Answer:
1. $97,500
2. 40.9%
3. $24,375
4. 14.77%
Explanation:
Given the following data;
Amount of money owned (Savings account) = $67,500
Total amount required = $165,000
To find the amount needed from investors to start the business;
Let the balance = X
Substituting into the equation, we have;
X = $97,500
To find the percentage of ownership;
Percent ownership = savings/total * 100
Substituting the values into the equation;
Percent ownership = 40.9%
To find the amount to be invested by each of the four investors;
Investor = X/4
Substituting into the equation, we have
Investor = 97500/4
Investor = $24,375
Therefore, each of the investors will need to invest $24,375.
Percentage for each investor;
Percent = 14.77%
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If you were describing the layout of Charleston, you would most likely use the _____ organizational pattern.
The best organizational pattern to use when describing the layout of Charleston is spatial development because it will trace the origin of the layout.
What is an organizational pattern?An organizational pattern refers to a process that assists in structuring and organizing of one's thoughts, speech, ideas or presentation for an optimal impact on the audience.
Some type of organizational pattern includes:
chronological orderorder of importancecompare and contrastcause and effectbiographicalspatial developmentIn conclusion, the best organizational pattern to use when describing the layout of Charleston is spatial development because it will trace the origin of the layout.
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Which is true of an intrapreneur?
A. They operate in a business as a collaborator
B. They are a failed business person
C. They have no desire to branch out or move up in the business world
Answer:
I belive it would be A
Explanation:
This most matches the defenition
Suppose that the local daily demand for iced coffee drinks is given by the demand function: Q=300-25P, where P is the price of an iced coffee drink.
a. Construct this demand curve in black. Place the quantity of iced coffee drinks demanded on the horizontal axis and the price of an iced coffee drink on the vertical axis.
b. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. What is the new demand function (i.e., equation)?
c. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. Construct the new demand function in blue.
a. To construct the demand curve, we can first use the demand function provided, Q=300-25P. To plot this on a graph, we can plug in different values of P to find the corresponding values of Q. For example:
When P = 0, Q = 300-25(0) = 300
When P = 1, Q = 300-25(1) = 275
When P = 2, Q = 300-25(2) = 250
We can plot these points on a graph with Q on the horizontal axis and P on the vertical axis, and connect them to form the demand curve.
b. The new demand function would be Q = 250-25P.
c. To construct the new demand function in blue, we can start with the same process as before, using the new demand function, Q = 250-25P.
For example:
When P = 0, Q = 250-25(0) = 250
When P = 1, Q = 250-25(1) = 225
When P = 2, Q = 250-25(2) = 200
We can plot these points on the same graph as before, but this time use blue color to distinguish it from the previous demand function.
If you take an assessment that measures your behavioral characteristics in certain situations, which inventory are you taking?
1. The types of businesses that can operate in a community are regulated by local
A community incentives.
B. zoning laws.
C. chamber of commerce members
D. economic indicators
Answer:
B. zoning laws.
Explanation:
Zoning laws are regulations put in place by the local authorities that dictate how real estate properties can or cannot be used in different geographical zones. Zoning laws can prohibit or limit properties in certain areas to be used for commercial or industrial purposes. For example, zoning laws may not allow the development of commercial buildings in residential neighborhoods.
Zoning shows whether specific geographic areas are acceptable for commercial purposes.
Conceptual Question 8-9 What are the two pillars...12. What are the two pillars of the Toyota Production System?- Just-in-Time and waste reduction- Waste reduction and built in quality- Built in quality and Just-in-Time- Process improvement and waste reduction
The two pillars of the Toyota Production System are Just-in-Time and built in quality.
These pillars are focused on reducing waste and improving the efficiency of the production process. Just-in-Time involves producing only what is needed, when it is needed, and in the amount needed, which helps to reduce inventory waste. Built in quality means that quality is built into every step of the production process, rather than relying on inspections at the end, which helps to reduce defects and improve overall efficiency. Process improvement is also a key element of the Toyota Production System, but it is not one of the two pillars.
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Which professional helps individuals and families minimize risk?
Answer:
insurance agent.
the career profession who would help individual and families to manage and minimise risk would be insurance agent.
Explanation:
insurance is a field that manages protection from financial loss thus risk to it iwould be a component that they manage. insurance insurance agent would recommend the best product for individual and families according to their lifestyle and age
Some identity thieves may use your Social Security number to obtain government benefits,
OA True
OB, False
Answer:
True
Explanation:
Your social security number overall describes who you are and your citizenship. If someone could get a hold of your SSN, they could do an number of things that are far worse then mere identity theft. If given the chance, they could even file for unemployment or Social Security benefits. This means that by using your identity, they are illegally gaining funds through government benefits. This crime is known as fraud.
Find the ratio of 3. 5∶2. 8∶710in its simplest whole number form
To find the ratio of 3.5∶2.8∶710 in its simplest whole number form, we need to follow these steps:
Step 1:.
Convert the decimal numbers into fractions3.5 = 35/102.8 = 28/10710 can be written as a fraction with a denominator of 1. So, 710 = 710/1
Step 2:
Multiply all the fractions by the same number to obtain the same denominator
The denominators of the fractions are 10, 10, and 1 respectively.
We can make these denominators equal by multiplying the first fraction by 10, the second fraction by 10, and the third fraction by 10.
So,3.5 × 10/10 = 35/102.8 × 10/10
= 28/10710 × 10/10
= 710/10
Step 3: Simplify the fractions by dividing all the fractions by their common factors
The common factor of 35, 28, and 710 is 7.
We can simplify the fractions by dividing each of them by
7.35/10 ÷ 7/7 = 5/82.8/10 ÷ 7/7
= 4/5710/10 ÷ 7/7
= 710/7
The ratio in its simplest whole number form is 5∶4∶1014.
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tori is a freelance photographer and her net earnings were $80,000. calculate tori’s payroll taxes if she was a full time employee
Tori’s payroll taxes if she was a full time employee of the company will be $11304.
How to compute the tax?From the given information, the net income is $80000, tax rate is 15.3% for social security and Medicare.
Therefore, the tax paid by Tori will be:
= 15.3% × $73880
= $11304
In conclusion, the tax will be $11304
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True or false: A company that achieves differentiation parity at a lower cost has implemented a successful cost-leadership strategy.
If a company can achieve differentiation parity at a lower cost then it would have implemented a cost leadership strategy. This is therefore true.
What is a cost leadership strategy?This refers to when a company aims to incur lower costs to produce goods than its competitors.
If differentiation parity is achieved, it means that the company was able to produce unique goods which are equal to those of the competition at a lower cost. This is cost leadership.
In conclusion, this is true.
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