differences in income between variable costing and absorption costing is due to multiple choice question. timing reporting expenses sales

Answer:

vineyard owner , wine tour guide

Answer:

english please

Explanation:

Answer:

Kindly check explanation

Explanation:

Given the data :

______________DEMAND______________

Staffing option __High ___Medium______Low

Own staff ______650_____ 650 _______600

Outside vendor _900_____ 600 _______ 300

Combination ___ 800 _____650_______ 500

a) If the demand probabilities are 0.2, 0.5, and 0.3, which decision alternative will minimize the expected cost of the data processing operation?

Expected cost :Σp(x) *x

Expected value for OWN STAFF:

(650*0.2) + (650*0.5) + (600*0.3) = 635

Expected value for OUTSIDE VENDOR:

(900*0.2) + (600*0.5) + (300*0.3) = 570

Expected value for COMBINATION:

(800*0.2) + (650*0.5) + (500*0.3) = 635

The decision alternative which will minimize expected cost is OUTSIDE VENDOR as it has the lowest expected value.

Expected annual cost associated with outside vendor is 570

(b) Construct a risk profile for the optimal decision in part (a).

Risk portfolio for outside vendor:

Demand ____cost ____probability

Low _______900 ______ 0.2

Medium ____600 ______ 0.5

High ______ 500 _______0.3

What is the probability of the cost exceeding $700,000?

Probability : This is the probability associated with the low demand of the optimal risk portfolio = 0.2 (0.2 * 100) = 20%

The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.

This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.

Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.

The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.

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1. The null and the alternate hypothesis is H0: μDay ≥ μNight; H1: μDay = μNight

2. the test statistic is -0.99

3. P value is 0.161821.

4. The decision is to reject the null

5. no it is not larger

The null hypothesis is μDay ≥ μNight

The alternative hypothesis is H1: μDay = μNight

we have the folloswing details with which we are to solve the questions that we have here

n1 = 86, bar x1 = 361, sd1 = 37

n2 = 92, x bar2 = 367, sd2 = 44

We have to solve for the standard error

\(\sqrt{\frac{37^2}{86} +\frac{44^2}{92} }\)

= √15.92 + 21.04

= √36.96

= 6.079

test statistic z = xbar1 - xbar2 / standard error

= 361 - 367 / 6.079

= -0.9870

The critical value at 0.05 = 1.645

The critical value is greater than the test statistics

the decision would be to reject H0 if z < 1.645

-0.9870 < 1.645

we have to reject the null hypothesis

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1. The problem in this case is the bullying that McGregor suffers in the workplace and his difficulty in seeking help to solve the problem for fear of losing his job or because he thought he would know how to deal with the situation.

2. The concepts or theories of Organizational Behavior (OB) help to explain McGregor's situation and reaction towards identifying the motivation of an individual's actions in the workplace.

McGregor's behavior was influenced by the bullying he suffered, and the behavior of his co-workers may have been influenced by the fact that McGregor is only 17 years old and has already achieved a prestigious apprenticeship to help him achieve his goal of becoming a chef.

3. Looking at the case, what McGregor should have done was to immediately report to his manager the abuses he was experiencing in the workplace.

And the manager should seek to identify the problem based on the analysis of the integration of employees, coordinating the team and motivating ethical behavior in the company.

Therefore, from the 3-step problem solving approach is to identify the problem, create strategies for change and implement the solution.

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Answer:

A) Identify the problem is the correct answer.

Explanation:

The scientific method is a systematic approach to solving problems and answering questions that involves the following steps:

Identify the problem: This is the first step in the scientific method and involves identifying a problem or question that needs to be addressed. In the case of a cosmetologist trying to determine what is behind a client's issue, this step would involve identifying the specific problem that needs to be addressed, such as a particular skin condition or hair issue.

Develop a hypothesis: After the problem has been identified, the next step is to develop a hypothesis, or an educated guess, about what might be causing the problem.

Test the hypothesis: The third step involves conducting experiments or observations to test the hypothesis.

Analyze the results: This step involves analyzing the data collected during the testing phase to see if the hypothesis was supported or not.

Draw conclusions: Based on the analysis of the results, the final step is to draw conclusions about the problem and communicate the findings to others.

Therefore, the step of the scientific method that involves a cosmetologist trying to determine what is behind a client's issue that needs to be addressed is A) Identify the problem.

Answer:

they are called accrued expenses.

Answer: $690

Explanation:

The 2018 year- end adjusted balance of Salaries Payable will be calculated as:

= January 1, 2018 balance + Adjustment on December 31, 2018

= $0 + $690

= $690

Note: Salaries accrued at December 31, 2018 will be:

= (Number of days from December 29 - 31) × Salary per day

= 3 × $230

= $690

Therefore, the balance on salaries payable is $690

Answer: B. Borrowing more than you can pay back, or borrowing more than is necessary

Answer:

19.2 serving

Explanation:

Because if you have 24 cups of milk and need 1.25 cups to make 1 serving we would have to divide.

24 cups of milk - 1.25 cups of milk per serving = 19.2

The correct term for the situation proposed in the question is employment at will. The other options describe agreements that have arisen since the creation of the labor unions.

Before the times of the labor unions, both the employer and the employee reserved the right of employment at will, meaning either one could terminate the agreement at any time and for any reason.

The first option, a closed shop, described an agreement made between the hiring party and the labor unions in which the hiring party agrees to only hire members of the union, while an open shop is just the opposite.

Collective bargaining, on the other hand, is the long process in which the workers of an institution work through their labor unions in order to negotiate contracts and the terms of employment, which include income and benefits.

Therefore the only option that existed prior to the development of labor unions is employment at will, which allowed the termination of a contract at any time for any reason.

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Which of the following describes a key difference between arbitration and mediation?

The arbitrator has the power to render a binding decision.

Prior to labor unions, both the employer and employee had the legal right to terminate an employment agreement for any reason. This is known as

employment at will.

Which of the following is an example of an industrial union?

a union composed of movie-making professionals

What is personal liberty?

Personal liberty refers to an individual's ability to enact his or her will on the world around him or her.

Is the following statement correct? If it is not correct, fix the sentence so that it is correct.

A laissez-faire economic system is one in which government intervention is minimal and productive decisions are arrived at through the self-interested behavior of competing firms.

The statement is correct.

The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

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No, it is not always a geographical definition. It could be on the basis of need of a community to meet the global requirement. Specific populations fall into identical “innovation deserts,” where the population will need to be rooted in entrepreneurialism and technology in order to be at par with the global culture

An innovation desert enables the development of a disadvantaged community to be at par with the rest of the world through an inclusive innovation economy. The innovation will eradicate “innovation deserts” in a disadvantaged communities, which are most especially the equivalent of food deserts where individuals lack access to fundamental resources to thrive.

Therefore, the correct answer is as given above

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When you purchase a new car, what kind of tax will you usually pay is: C. Sales tax.

Sales tax can be defined as the tax amount that is included in the selling price or cost price of the goods you purchase by the seller.

When you purchase a product ,the  type  of tax will you usually pay is called Sales tax.

This sales tax  is often calculated as a percentage after purchasing a product at the point of purchase.

Inconclusion When you purchase a new car, what kind of tax will you usually pay is: C. Sales tax.

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An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.

Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.

Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.

This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions

5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:

The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:

The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.

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Answer:

There are advantages and disadvantages to both recruitment methods. Traditional recruitment is still the most common method of recruitment used in the world, due to its simplicity and greater speed in attracting candidates through advertisements, references and internal hiring, for example, which consequently speeds up the selection process, but this type of recruitment can lead to biased evaluations of candidates and not hiring employees based on some kind of prejudice.

In blind recruitment, however, it is not possible to identify details of curriculum and candidates, the selection is made through factors such as experience and skills of the candidate, which eliminates associated prejudices such as age, gender and ethnicity. But the disadvantage of blind recruitment is that it can reduce organizational diversity and miss details that align the candidate's values ​​to organizational culture.

Therefore, it is necessary for each company to analyze which recruitment methods will be more advantageous according to the position, with traditional recruitment being more relevant for hiring professionals for higher hierarchical positions, where there is a need for a more in-depth analysis.

Entrepreneurship is when someone sets up, founds, or develops a unique business. option C is the answer

An entrepreneur is an individual with a unique idea that s aimed as problem solving.

The person identifies a problem and then create a lasting solution that will bring about opportunities and satisfaction to the people.

An entrepreneur bears the risk that comes from starting or establishing a new business and create opportunity around it.

Therefore, someone who sets up, founds, or develops a unique business is an entrepreneur.

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Defenition - Team work is to work toghether in a team, and acomplish a goal with s teammate/teammates.

Example - Hey Makayla, you and Aiden did great teamwork for the project !!

"Earrings like these work in any situation." What recommendations ought you to offer. Customer testimonials and referrals are typically the foundation of the best marketing you can have.

When someone compliments your business, you make sales as a result. On average, a business receives 60 percent of its new customers from recommendations from its existing clientele. A customer is any person or organization that makes a purchase from another firm. Because they provide revenue, customers are essential to businesses because they would not exist otherwise. The use of customer testimonials for a particular business is a part of recommendation marketing

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The required rate of return is 12.97%

What is the required rate of return?

The required rate of return is the rate of return that investors  expect from the stock based on its current price GHS 15.00 per share and its forecast dividends.

The stock price is the present value of future dividends discounted at the required rate of return, the unknown

The dividends for the next 3 years would grow at the rate of 10%

Year 1 dividend=1.00*(1+10%)

Year 1 dividend=1.10

Year 2 dividend=1.10*(1+10%)

Year 2 dividend=1.21

Year 3 dividend=1.21*(1+10%)

Year 3 dividend=1.331

Dividend in year 4 and thereafter(forever, that the terminal value) would grow at the rate of 5%

Year 4 dividend=1.331*(1+5%)

Year 4 dividend=1.39755

Terminal value=Year 4 dividend*(1+g)/(r-g)

g=terminal  growth rate=5%

r=unknown return

terminal value=1.39755*(1+5%)/(r-g)

share price=1.10/(1+r)^1+1.21/(1+r)^2+1.331/(1+r)^3+1.39755/(1+r)^4+1.39755*(1+5%)/(r-g)/(1+r)^4

we need the value of r such that share price 15.00

Using a trial and error approach, I got 12.97%

share price=1.10/(1+12.97%)^1+1.21/(1+12.97%)^2+1.331/(1+12.97%)^3+1.39755/(1+12.97%)^4+1.39755*(1+5%)/(r-12.97%)/(1+12.97%)^4

share price=15.01

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LuAnn most likely practices indigenous photography. Indigenous photography refers to photographs taken by and for indigenous communities that depict the culture, customs, and traditions of those communities. The characteristics of the images LuAnn captures, such as representing culture as it is lived, respectful portraits, and documenting tribal customs and ceremonies, are typical of indigenous photography. The goal of this type of photography is often to give voice and visibility to indigenous communities, as well as to preserve their cultural heritage for future generations.

The positive role of the government in economics is  maintains competition in the marketplace and redistributes income. The negative role of the government in economics is  lack of efficiency.

Government refers to the authority which rules the entire nation. It is the association of the people working together to serve the nation and act for the welfare of the nation. The government also functions to save the nation from the outsiders.

The government creates the social and legal structure that governs how the economy runs, ensures market competition, distributes public amenities and services, and redistributes money.

The drawbacks of the government's economic role include an absence of competition, which can result in a dearth of efficiency and innovation.

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A general view from the leadership, internal and external communication with stakeholders has been provided

Leadership:

Efficient leadership necessitates setting a definitive vision, encouraging and motivating personnel, and making judicious decisions when required. A successful leader should succinctly verbalize the vision and objectives of the organization and guarantee that employees comprehend their positions in attaining those aims.

Interior communication with stakeholders pertains to communication within an institution with staff, superior executives, and additional internal stakeholders. Successful internal communication can facilitate aligning the visions and aspirations of the corporation and guaranteeing that everybody is progressing towards common ambitions.

External communication with stakeholders:

External communication with stakeholders alludes to communication with purchasers, vendors, financiers, and other external parties. Effective external communication can promote constructing associations with these stakeholders, embellish the standing of the establishment, and elevate customer gratification.

Certain obstructions to productive communication can affect the capability of leaders to communicate effectively with stakeholders. These impediments involve speakers barriers, cultural differences, physical detachment, and technological issues. Other hindrances consist of inadequate trust, deficient listening aptitudes, and indefinite or ephemeral messages.

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The correct answer is OD. Salaries and Wages Payable: $26,690 credit; Cash: $26,690 debit.

When recording the payment of salaries and wages, the journal entry will involve debiting (increasing) the Cash account and crediting (decreasing) the Salaries and Wages Payable account.

In this case, the total current period earnings of $35,600 represents the amount owed to employees for their wages, which is a liability. Since the payment is being made, the Salaries and Wages Payable account will be credited for the same amount, $35,600. On the other hand, the Cash account will be debited for the amount actually paid, which is $8,910 (representing the net payment after withholdings and deductions).

Therefore, the correct journal entry would be:

Salaries and Wages Payable: $26,690 credit

Cash: $26,690 debit

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Answer:

1. a) War increases demand for loanable funds, demand curve shifts RIGHT. (Increase in real interest rate)

b) Private investors are optimistic about the economy (i.e. investment opportunities). Demand for loanable funds increases, demand curve shifts RIGHT. (Increase in real interest rate)

c) Tax increase means a decrease in the supply about loanable funds. Supply curve shifts LEFT. (Increase in real interest rate)

2. would most likely increase the supply of loanable funds. If Americans are saving more, then they are spending less money and investing more of it. Remember--saving does not mean "not using it". It means investing it instead of consuming.

3. The interest rate will fall. There is a surplus of loanable funds and the real interest rate will reflect this surplus by falling.

4. decrease in the demand for loanable funds. When output decreases, the return on investment for new projects decreases and investors are less in need of money to fund their ventures.

5. decrease the supply for loanable funds. If they are consuming more, they are saving less.

6. Increase / Decrease. When interest rates increase, growth is reduced because funding economic ventures is now more costly. Sometimes the fed will increase interest rates when it anticipates inflation to increase in order to mitigate economic growth.

Hope this was helpful!

Explanation:

Answer:

Explanation:

1) Indirect Competition is a business whose services are different from yours but satisfy the same need.

True

2) All Companies that sell goods and services are Indirect Competitors.

False

3) When your target audience buys products from a competitor instead from you, that is Indirect Competition.

False

4) Direct Competition is a company that offers the same thing you offer.

True

Answer:

a) The probability that a randomly selected LU graduate will have a starting salary of at least $30,400 = P(x ≥ 30400) = 0.0968

b) The probability that a randomly selected LU graduate will have a salary of exactly $30,400 = 0.000021421

c) Percentage of students that will receive a tax break = 29.12%

d) Total Number of graduates this year = 3,000

Explanation:

This is a normal distribution problem with

Mean = μ = $20,000

Standard deviation = σ = $8,000

a) The probability that a randomly selected LU graduate will have a starting salary of at least $30,400 = P(x ≥ 30400)

We first normalize or standardize $30,400

The standardized score for any value is the value minus the mean then divided by the standard deviation.

z = (x - μ)/σ = (30400 - 20000)/8000 = 1.30

The required probability

P(x ≥ 30400) = P(z ≥ 1.30)

We'll use data from the normal probability table for these probabilities

P(x ≥ 30400) = P(z ≥ 1.30) = 1 - P(z < 1.30)

= 1 - 0.90320

= 0.0968

b) The probability that a randomly selected LU graduate will have a salary of exactly $30,400

Here, we will use the normal distribution formula. The normal distribution formula is presented in the attached image

P(X = x) = f(x) = [1 ÷ σ√(2π)] × e^(-0.5z²)

x = $30,400

σ = $8,000

z = 1.30

P(X = 30400) = f(30400) = 0.000021421

c) Individuals with starting salaries of less than $15600 receive a low income tax break.

What percentage of the graduates will receive the tax break?

Required probability = P(x < 15600)

We first normalize or standardize $15,600

z = (x - μ)/σ = (15600 - 20000)/8000 = -0.55

The required probability

P(x < 15600) = P(z < -0.55)

We'll use data from the normal probability table for these probabilities

P(x < 15600) = P(z < -0.55)

= 0.29116 = 29.116% = 29.12%

d) If 189 of the recent graduates have salaries of at least $32240, how many students

graduated this year from this university?

We first find the percentage of LU graduates with salaries more than $32240

Required probability = P(x ≥ 32240)

We first normalize or standardize $32,240

z = (x - μ)/σ = (32240 - 20000)/8000 = 1.53

The required probability

P(x ≥ 32240) = P(z ≥ 1.53)

We'll use data from the normal probability table for these probabilities

P(x ≥ 32240) = P(z ≥ 1.53) = 1 - P(z < 1.53)

= 1 - 0.93699

= 0.06301 = 6.301%

So, 6.301% of the graduates this year = 189

Total Number of graduates this year = (189/0.06301) = 2999.5 = 3000 graduates this year.

Hope this Helps!!!

Answer:

A. currency

Explanation:

Answer:

a

Explanation: