Corporate behavior that gives the shareholders of a corporation the legal right to initiate dissolution under Section 14.30 of RMBCA is: The corporation is not making substantial profits. The correct option is A.
What is the RMBCA?The Revised Model Business Corporation Act (RMBCA) is a model for state corporation laws in the United States, published by the National Conference of Commissioners on Uniform State Laws. To encourage the adoption of the model act by the state legislatures, it was initially promulgated in 1950 and has since been revised several times.
There are two types of dissolution under the RMBCA: voluntary and judicial dissolution. Voluntary dissolution is when the shareholders of a company vote to dissolve it, while judicial dissolution is when a court orders a business to dissolve.
Therefore, under Section 14.30 of RMBCA, shareholders have the legal right to initiate dissolution if the corporation is not making substantial profits. Substantial profits would refer to profits made at a certain level that the shareholders have agreed upon, such as a specific percentage increase over a certain period of time.
Therefore, the correct option is A.
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When we say trade between two countries can make each country better off what is meant by this?.
What is meant by saying trade between two countries can make each country better off is : International trade.
What is international trade?
International trade is a trade between two or more countries. It is the exchange of capital, goods and services across international boundaries.
There is no country in the world that can produce all that is needed by people. However, international trade facilitate exchange of goods and services among different countries, hence make each country better off.
Therefore, what is meant by saying trade between two countries can make each country better off is International trade.
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What is JROTC?
Pls answer
Answer:
Junior Reserve Officers' Training Corps
Explanation:
The Junior Reserve Officers' Training Corps (JROTC -- commonly pronounced "JAY-rawtsee") is a federal program sponsored by the United States Armed Forces in high schools and also in some middle schools across the United States and United States military bases across the world.
Sources: Google and Wikipedia
Answer:
an organization for future politicians
Explanation:
What role do career pathways play?
A. Career pathways lay out the academic courses, skills, and knowledge required for a position.
B. Career pathways help students determine whether a position will have information technology as a primary or secondary focus.
C. Career pathways lay out the advantages and disadvantages of potential careers.
D. Career pathways organize jobs into 16 major groups to help students plan their careers.
Answer:
I think it's A. but don't depend on me i'm probley wrong
Explanation:
What part do career paths play is The educational requirements, necessary skills, and expertise for a position are outlined in career pathways. As a result, choice (A) is right.
What is meant by Career pathways ?A career path is a list of steps you should take to advance into new or more senior responsibilities at work during your professional life. Employees are guided toward their ultimate professional ambitions as well as their long-term goals through a series of positions and experiences.
By highlighting their existing professional situation and providing advice on how to improve it, career pathing can increase their levels of engagement and job satisfaction.
An essay about your career objectives is a piece of writing in which you describe the career route you hope to take and the goals you have for yourself. You will discuss your career aims, pertinent accomplishments that help you be more successful in achieving your goals, and how your aspirations can help you advance even farther in the essay.
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Listen You have been called upon to handle an important sales pitch yourself. Plan out your sales call by creating a script for yourself based on the following components: 1. Pitch objective: 2. Approach method: 3. Introduction: Hi, my name is.. and I am from and I would like to. 4. Rapport building; (ask a question: small talk or business talk??) 5. Questions?2: Do you mind if I ask you about...? For each question, you must also let me know what TYPE of question it is (Leading? Closed? Etc.) 6. Objections!!: Imagine the person you are selling to has brought up to objections: Price and fear of onboarding difficulties. How do you address those fears? 7. Next steps:
The script provides a framework for conducting the sales call, allowing for customization based on the specific product/service, prospect's industry, and individual sales style. Adapt the script to fit the context and maintain a conversational tone throughout the call.
Pitch objective: My objective is to convince the prospect to consider our product/service as a solution to their needs and ultimately make a purchase.
Approach method: I will begin the call by establishing credibility and demonstrating our understanding of the prospect's industry and challenges.
Introduction: "Hi, my name is [Your Name], and I am from [Your Company]. I would like to discuss how our product/service can help your business achieve [specific benefit]."
Rapport building: Start with small talk to build a connection or transition to business talk by mentioning a relevant industry topic or recent development.
Questions: "Do you mind if I ask you about [specific topic]?" Ask open-ended and probing questions to gather information and understand the prospect's pain points and requirements.
Objections: If the prospect raises concerns about price, emphasize the value and return on investment our product/service provides. Address fears of onboarding difficulties by highlighting our seamless implementation process and customer support.
Next steps: Discuss the next steps, such as scheduling a product demonstration, providing a proposal, or arranging a follow-up meeting to further address any remaining concerns or questions.
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3. Why are people who are unemployed but not looking for work not included in
the unemployment figures? (Hint: think of teenagers)
Need help due TODAY
Answer:
Because they don't keep track on it.
Explanation:
Basically they are just included in it because they don't keep track of it. Hope that helps!
The Beach Shack Company produced 5,500 cakes that require 3 standard pounds per unit at $3. 00 standard price per pound. The company actually used 16,650 pounds in production. Journalize the entry to record the standard direct materials used in production.
Answer:
Explanation:
Standard pounds per cake = 3 pounds
Standard unit price = $3
Standard pounds 5500 cakes = 16,500 pounds
Actual pounds per 5500 cakes = 16,650
Variance = (16,650 - 16,500)=150
Cost of actual materials used = actual materials * standard price
=16,650*3 =49,950
Cost of work in progress = Standard materials * standard price = 16,500*3= 49.500
Direct material quantity variance = Quantity variance * 3
150*3 = 450
Journal entry
Debit work in progress = 49,500
Debit material quantity variance = 450
Credit Material = 49,950
The most problematic sources are those that: A. Provide the least information about their author and original source of information B. Contain information that is biased C. Contain information only from secondary sources D. Provide one outlook on the information being presented
The most problematic sources are those that provide the least information about their author and original source of information. A material or device that emits radiation, whether ionising or non-ionizing, and that needs to be licensed by the Australian Radiation.
The protection and Nuclear Safety Authority is referred to as a problematic source. Investments, operations, and financing These three streams of business cash flow can significantly impact the development and viability of your organization. The sources of company finance include retained earnings, equity, term loans, debt, letters of credit, debentures, euro issuance, working capital loans, the venture capital investments, etc.
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Answer: I believe the answer is A.
Explanation: I really hope this helps and have a fabulous day!
How has Chinese economic growth benefited the Australian economy?
Answer:
First, rising wages and consumer demand will increase demand for more sophisticated manufactured goods (where Australia has some niches of excellence, for example, in medical devices) and for services such as tourism (where China is already an important market).
( I found this on a website called Aph.gov.au
full credit to them and their work. Check them out for more info on your topic)
How do plants obtain the water required for photosynthesis?
Answer:
from their roots
Explanation:
the roots dig into the ground and absorb water for the plant
Answer:
they obtain their water from the roots of the plant and roots take the water from the soil.
which significant event triggered the rapid and continuing growth in the demand for higher education in texas?
The end of World War II triggered the rapid and continuing growth in the demand for higher education in Texas.
In Texas, higher education is provided by a number of public and private institutions. The Texas Higher Education Coordinating Board is the state agency responsible for coordinating higher education in Texas.
The Coordinating Board oversees the state's public university system, which includes nine universities and two health-related institutions. The Board is committed to ensuring that all Texans have access to the resources and opportunities they need to succeed in higher education
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Which of the following most accurately lists a required reporting element that is used to measure a company's financial performance and one that is used to measure a company's performance? A) Assets Liabilities B) Income Expenses C) Liabilities Income
The most accurate option that lists a required reporting element used to measure a company's financial performance and one used to measure a company's performance is B) Income Expenses.
Income and expenses are key reporting elements that are used to measure a company's financial performance. Income represents the revenues generated by the company from its operations, while expenses represent the costs and expenditures incurred in conducting those operations. By comparing the income and expenses, the company can assess its profitability and financial performance over a specific period.
On the other hand, assets and liabilities (option A) are elements used to measure a company's financial position or financial condition. Assets represent the resources owned by the company, such as cash, inventory, and property, while liabilities represent the company's obligations and debts. The comparison of assets and liabilities helps evaluate the company's financial stability, liquidity, and solvency.
Therefore, while assets and liabilities provide insights into a company's financial position, income and expenses are directly related to the measurement of its financial performance.
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How can business control the eght business functions
Answer:
Businesses regardless of their type (private, government, not-for-profit), size or financial position they all consist of three basic functions that run the business. Those three functions are operations, finance and marketing.
Which of the following is not a management activity, as defined by Peter Drucker?
a. Measuring performance
b. Setting goals
c. Planning
d. Controlling
Measuring performance is not a management activity, as defined by Peter Drucker.
According to Peter Drucker, the management activities include measuring performance, setting goals, planning, and controlling. However, the option that is not considered a management activity by Drucker is "a. Measuring performance." Measuring performance is a crucial aspect of management as it allows for the evaluation and assessment of progress towards achieving goals. It provides valuable insights into the effectiveness of various strategies and initiatives.
Therefore, the conclusion in one line would be that measuring performance is not a management activity, as defined by Peter Drucker.
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Jasper makes a $25,000, 90-day, 7 % cash loan to Clayborn Co. Jasper's entry to record the collection of the note and interest at maturity should be: (Use 360 days a year.)
A) Debit Cash for $25,000; credit Notes Receivable $25,000.
B) Debit Cash $25,437.50, credit Interest Revenue $437.50; credit Notes Receivable $25,000.
C) Debit Cash $25,437.50; credit Notes Receivable for $25,437.50.
D) Debit Notes Payable $25,000; Debit Interest Expense $1,750; credit Cash $26,750.
E) Debit Cash $26,750; credit Interest Revenue $1,750, credit Notes Receivable $25,000.
Answer:
B) Debit Cash $25,437.50; credit Interest Revenue $437.50; credit Notes Receivable $25,000.
Explanation:
Based on the information given Jasper's appropriate journal entry to record the collection of the note and interest at maturity should be:
Debit Cash $25,437.50
($25,000+$437.50)
Credit Interest Revenue $437.50
(7%*25,000*90 days/360 days a year =$437.50)
Credit Notes Receivable $25,000
(Being to record the collection of the note and interest at maturity)
Were Social Security and Medicare the largest contributors of revenue for the federal government in Fiscal Year 2019? Explain.(1 point)
Yes, because Social Security and Medicare taxes made up more than 50% of the revenue in Fiscal Year 2019 with $1.718 trillion.
No, because corporate income taxes contributed about $1.242 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $230.2 billion.
No, because individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.
Yes, because Social Security and Medicare taxes contributed about $1.542 trillion in Fiscal Year 2019 while individual income taxes only contributed $1.518 trillion.
Answer:
the answer is C, income taxes made more.
Explanation:
It is false because the individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.
What is an Income tax?These are tax imposed on earned income by people in a country while the Social Security and Medicare taxes are imposed on people income while working as well.
However, the individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.
Therefore, the Option C is correct.
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Problem 5-3 (Algo) A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $6,500 per month and variable cost of 64 cents per unit produced. Each item is sold to retailers at a price that averages 78 cents. (Round all answers to a whole number.) a. What volume per month is required in order to break even? b. What profit would be realized on a monthly volume of 67,000 units 82,000 units? c. What volume is needed to obtain a profit of $12,000 per month? b. What profit would be realized on a monthly volume of 67,000 units? 82,000 units? c. What volume is needed to obtain a profit of $12,000 per month? d. What volume is needed to provide a revenue of $18,000 per month?
a. To break even, the total revenue must equal the total cost. The fixed cost is $6,500 per month and the variable cost is 64 cents per unit produced. The selling price per unit is 78 cents. Let's denote the volume per month as x.
The total cost is the sum of fixed costs and variable costs:
Total cost = Fixed cost + (Variable cost per unit * Volume per month)
The total revenue is the selling price per unit multiplied by the volume per month:
Total revenue = Selling price per unit * Volume per month
To break even, the total revenue must equal the total cost:
Total revenue = Total cost
Substituting the given values, we have:
78x = 6,500 + 0.64x
Simplifying the equation, we get:
0.14x = 6,500
Dividing both sides by 0.14, we find:
x = 46,428.57
Therefore, a volume of approximately 46,429 units per month is required to break even.
b. To calculate the profit, we need to subtract the total cost from the total revenue. Let's consider a monthly volume of 67,000 units:
Total cost = Fixed cost + (Variable cost per unit * Volume per month)
Total cost = $6,500 + (0.64 * 67,000)
Total revenue = Selling price per unit * Volume per month
Total revenue = 0.78 * 67,000
Profit = Total revenue - Total cost
Profit = (0.78 * 67,000) - ($6,500 + (0.64 * 67,000))
Calculate the profit using the given formula. Repeat the same process for a monthly volume of 82,000 units.
c. To obtain a profit of $12,000 per month, we need to set up the equation as follows:
Profit = Total revenue - Total cost
$12,000 = (0.78 * Volume per month) - ($6,500 + (0.64 * Volume per month))
Rearrange the equation to solve for the volume per month. Substitute the given profit value to find the required volume.
d. To provide a revenue of $18,000 per month, we need to set up the equation as follows:
Total revenue = Selling price per unit * Volume per month
$18,000 = 0.78 * Volume per month
Solve the equation for the volume per month to determine the required volume.
Note: Remember to round all answers to a whole number as stated in the question.
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I will mark you as brainliest!!
What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answer:
d.how the stock market affects inventory
Explanation:
a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3
stock movement Effects of the stock market on inventory Thus option (D) is correct.
What is the stock price?A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.
Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.
Therefore, Thus option (D) is correct.
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An unplanned increase in inventories _______. A. occurs when real GDP exceeds aggregate planned expenditure, so firms decrease production and real GDP decreases B. occurs when real GDP exceeds aggregate planned expenditure, so firms increase production and real GDP increases C. occurs when aggregate planned expenditure exceeds real GDP, so firms increase production and real GDP increases D. occurs when aggregate planned expenditure exceeds real GDP, so firms decrease production and real GDP decreases E. increases investment, which increases equilibrium expenditure and real GDP
Answer: C. occurs when aggregate planned expenditure exceeds real GDP, so firms increase production and real GDP increases
Explanation:
When the Aggregate expenditure which is also known as Aggregate demand, exceeds the real GDP, it means that there is more demand for goods in the economy than the economy has currently produced.
Producers would therefore increase their production level in order to meet up with the new demand and return to a level of inventory that they are comfortable with. This increased production was not planned so any inventory it yields is unplanned as well.
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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If you want to compare two different investments, what should you calculate? A. The compound interest B. The ROI percentages C. The ROI dollar amounts D. The capital gain Please select the best answer from the choices provided A B C D
Answer: B. The ROI percentages
Explanation: Making comparison between investments in terms of returns will involve calculating the ROI as a percentage. The ROI refers to the return on an investment which is the ratio of the net profit made from an investment and the cost of the investment. That is ;
ROI = (Net profit / cost of investment) × 100
Investment with greater or higher return on investment (ROI) is usually regarded as the best investment between alternatives. For instance two investments, A and B with ROI of 5% and 10% respectively. Investment B has a higher ROI than A and thus considered has the better investment decision.
Answer:
BBBBBBBBBBBBB
ROI percentages
Explanation:
did the test
The new-product strategy development stage accomplishes all of the following EXCEPT
A. it provides general guidelines for the new-product development process.
B. it specifies how new products will fit into the company's marketing plan.
C. it outlines general characteristics of the types of products the firm will develop.
D. it specifies the target markets to be served by new products.
E. it outlines the costs that will be incurred for the development of new products.
The new-product strategy development stage accomplishes all of the following EXCEPT it provides general guidelines for the new-product development process (option A).
It helps to establish the general guidelines for the development of new products, as well as outlining the types of products the company will be developing. Additionally, it provides a framework for how new products will fit into the company's overall marketing plan, as well as identifying the target markets that will be served by these products.
However, the new-product strategy development stage does not typically outline the specific costs that will be incurred during the development of new products. This is because the costs associated with product development can vary widely depending on a variety of factors, such as the complexity of the product, the materials required for production, and the amount of research and development needed.
Overall, the new-product strategy development stage is an essential step in the product development process. By establishing a clear strategy and plan for new product development, companies can increase their chances of success and ensure that their products are well-positioned to meet the needs of their target markets. The correct option is A.
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In early 2009, General Electric (GE) had a book value of equity of $105 billion, 10.5 billion shares outstanding, and a market price of $10.80 per share. GE also had cash of $48 billion, and total debt of $524 billion. Three years later, in early 2012, GE had a book value of equity of $116 billion, 10.6 billion shares outstanding with a market price of $17 per share, cash of $84 billion, and total debt of $410 billion. Over this period, what was the change in GE's a. Market capitalization? b. Market-to-book ratio? c. Enterprise value?
Answer and Explanation:
1. The computation of Market capitalization is shown below:-
Market Capitalization in 2009 = Market Price × Outstanding Shares
= 10.5 × $105
= $1,102.5 billion
Market Capitalization in 2012 = Market Price × Outstanding Shares
= $17 × $10.6
= $180.2 billion
Changes in Market Capitalization = Market Price × Outstanding Shares
= $1,102.5 billion - $180.2 billion
= $922.3
b. The computation of Market-to-book ratio is shown below:-
Market to Book Ratio in 2009 = Market Value of Firm ÷ Book Value of Firm
= $1,102.5 billion ÷ $105 billion
= 10.5
Market to Book Ratio in 2012 = Market Value of Firm ÷ Book Value of Firm
= $180.2 billion ÷ $116 billion
= 1.55
Changes in Market to Book Ratio = Market to Book Ratio in 2009 - Market to Book Ratio in 2012
= 10.5 - 1.55
= 8.95
c. The computation of enterprise value is shown below:-
Book Debt to Equity Ratio in 2009 = Debt ÷ Book Value of Equity
= $524 ÷ $105
= 4.99
Book Debt to Equity Ratio in 2012 = Debt ÷ Book Value of Equity
= $410 ÷ $116
= 3.53
Changes in Book Debt to Equity Ratio = Book Debt to Equity Ratio in 2012 - Book Debt to Equity Ratio in 2009
= 3.53 - 4.99
= -1.46
GDP is defined as:
A. Gross Domestic Product
B. Sum of consumer purchases over a period of time
C. Business Investment
D. Government investment
E. all of the above
Answer:
Gross Domestic Product.
Answer:
Gross domestic product
You are offered a trend report for purchase at $500. Last year you overbought T-shirts by 300 units at $5 each and had to donate them. If the trend report eliminates this overbuy, is it worth the price?
If the purchase of the trend report will eliminate the overbuy, it is worth the price.
The overbuy cost the company $1,500 last year. The cost of the trend report is $500. Though, the cost of under-supply could help in making better decisions.
Data and Calculations:
Cost of trend report = $500
Cost of T-shirts overbought = $1,500 (300 x $5)
Thus, if using the trend report eliminates the overbuy, it is certainly worth it.
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Answer: Yes. It is worth it
Explanation:
then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
Construct a T-account for Actual OH and a separate T-account for Applied OH. Calculate the absolute difference between the actual OH and the applied OH, and label whether the applied overhead is over- or under-applied. 3. Construct the Income Statement; make sure to determine the "adjusted COGS" before you calculate the Gross Margin. LO4, L05, L06, L07, L08] PROBLEM 3-31 Journal Entries; T-Accounts; Comprehensive Problem; Financial Statements; [L03. Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. (The Norwegian currency is the krone, which is denoted Systems Design: Job-Order Costing by Nkr.) jobs on the basis of direct labor-hours. At the beginning of the year, the following estimates were made for the purpose of computing the predetermined overhead rate: manufacturing overhead cost. Nkr 360,000; and direct labor-hours, 900. The following transactions took place during the year (all purchases and services were ac- quired on account): Raw materials were purchased for use in production, Nkr200,000. & C Raw materials were requisitioned for use in production (all direct materials), Nkr185,000. Utility bills were incurred, Nkr70,000 (90% related to factory operations, and the remainder related to selling and administrative activities). d. Salary and wage costs were incurred: Direct labor (975 hours) Indirect labor NK 230,000 Nkr90,000 Selling and administrative salaries. Nr110,000 C. Maintenance costs were incurred in the factory, Nkr54,000. f Advertising costs were incurred, Nkr 136,000. Depreciation was recorded for the year, Nkr95,000 (80% related to factory equipment, and the remainder related to selling and administrative equipment). h. Rental cost incurred on buildings, Nkr120,000 (85% related to factory operations, and the re- mainder related to selling and administrative facilities). 1 Manufacturing overhead cost was applied to jobs, Nkr_?___ Cost of goods manufactured for the year, Nkr770,000. k Sales for the year (all on account) totaled Nkr1,200,000. These goods cost Nkr800,000 according to their job cost sheets. The balances in the inventory accounts at the beginning of the year were: Raw Materials Work in Process. Finished Goods Nk30,000 Nkr21,000 Nkr60,000 Required: 1. Prepare journal entries to record the preceding data. 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) Determine the ending balances in the inventory accounts and in the Manufacturing Overhead account. Prepare a schedule of cost of goods manufactured. 4. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. and completed during the year. The job required Nkr8,000 in direct materials and 39 hours of direct labor time at a total direct labor cost of Nkr9,200. The job contained only four units. If the company bills at a price 60% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer?
Froya Fabrikker A/S is a small manufacturing company located in Norway. It creates special heavy equipment for use in North Sea oil fields. It creates a unit product cost of Nkr17,600, and it charges its customers 160% of the unit product cost or Nkr28,160. The cost of goods sold is Nkr800,000, the adjusted cost of goods sold is Nkr770,000, and the gross margin is Nkr430,000.
Raw Materials Inventory:
Debit: 200,000 (purchase of raw materials)
Credit: 185,000 (requisitioned for production)
Accounts Payable:
Credit: 200,000 (purchase of raw materials)
Debit: 70,000 (payment made)
Work in Process Inventory (Direct Materials):
Debit: 185,000 (requisitioned raw materials from inventory)
Credit: 185,000 (raw materials used in production)
Raw Materials Inventory:
Debit: 185,000 (raw materials used in production)
Credit: 185,000 (reduction in raw materials inventory)
Factory Utilities Expense:
Debit: 63,000 (utilities expense for factory operations)
Administrative Utilities Expense:
Debit: 7,000 (utilities expense for administrative operations)
Accounts Payable:
Credit: 70,000 (payment made for utilities expense)
Work in Process Inventory (Direct Labor):
Debit: 90,000 (direct labor cost incurred)
Factory Overhead:
Debit: 230,000 (manufacturing overhead cost incurred)
Accounts Payable:
Credit: 320,000 (payment made for manufacturing overhead)
Work in Process Inventory (Manufacturing Overhead):
Debit: 320,000 (manufacturing overhead cost allocated to work in process)
Factory Overhead:
Debit: 54,000 (actual manufacturing overhead cost incurred)
Accounts Payable:
Credit: 54,000 (payment made for manufacturing overhead)
Advertising Expense:
Debit: 136,000 (advertising expenses incurred)
Accounts Payable:
Credit: 136,000 (payment made for advertising expenses)
Depreciation Expense:
Debit: 95,000 (depreciation expense incurred)
Accumulated Depreciation:
Credit: 95,000 (accumulated depreciation on assets)
Factory Overhead:
Debit: 120,000 (manufacturing overhead cost allocated to work in process)
Accounts Payable:
Credit: 120,000 (payment made for manufacturing overhead)
Work in Process Inventory (Manufacturing Overhead):
Debit: 360,000 (manufacturing overhead cost allocated to work in process)
Factory Overhead:
Debit: 360,000 (manufacturing overhead cost incurred)
Work in Process Inventory:
Debit: 770,000 (cost of goods manufactured)
Factory Overhead:
Debit: 770,000 (manufacturing overhead cost allocated to work in process)
Finished Goods Inventory:
Debit: 60,000 (cost of goods manufactured)
Work in Process Inventory:
Credit: 60,000 (transferred to finished goods)
Cost of Goods Sold:
Debit: 710,000 (cost of goods sold)
Finished Goods Inventory:
Credit: 710,000 (reduction in finished goods inventory)
Accounts Receivable:
Debit: 1,200,000 (sales made)
Sales:
Credit: 1,200,000 (sales revenue)
T-accounts:
Raw Materials Inventory:
Beginning Balance: 30,000
Purchase: 200,000
Requisition: 185,000
Ending Balance: 45,000
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Nivea works for Bonbon, a fair-trade chocolate company based in California. In addition to being recognized for the delicious, low fat treats the company manufactures, Bonbon is also known for fair labor practices at its factories. When interviewed, 83% of the company's loyal customers said when they couldn't find Bonbon products for purchase in local stores, they ordered them online rather than buy substitute products.
Which type of brand loyalty is illustrated here?
Select one:
a. brand preference
b. brand competition
c. brand insistence
d. brand recognition
e. brand name
Answer:
c. brand insistence
Explanation:
Since in the given situation it is mentioned that the 83% of the loyal customers could not find the bonbon products at local stores so they will ordered online instead of purchasing the substitute goods as in the brand insistence refer the stage of the brand loyalty where the purchase would accept no alternatives and they will search for the particular brand only
What is an example of goods
A hotel room
A good haircut
A television show
A computer game
Answer:
The correct answer would be D.) a computer game.Explanation:
Have an amazing day yall.
An example of goods is a computer game.
Why 'a computer game'?
A haircut is a process done by someone on someone's hair. A hotel room is an accomodity. A television show is a visual programme appearing on TV. So, these can't be thought of as goods.
What are goods?Goods are products, i.e., things that we make or grow and aim to sell. For example, we can exchange money for goods and services. So, a hotel rrom, a haircut, or a television show can't be referred as goods.
Thus, an example of goods is a computer game.
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What happens if you still have a balance on your credit card AFTER the company starts charging you interest?
A: The bank will make your interest payments for you
B: The bank will extend the 0% APR so you don't pay interest
C: The bank will offer you a 0% so they make no money off you
D: The bank will make money from the interest fees you pay
A(n) to is any policy that is designed to reduce the competitiveness of foreign producers that wish to sell their goods or services in the domestic market.
A protectionism policy is any policy that is designed to reduce the competitiveness of foreign producers in the domestic market.
The protectionism policy helps to protect the domestic industries against the foreign competition through various means methods including
Imposition of tariffsSubsidiesImport quotasTrade restrictions.The policy of protectionism are determined by the Federal government of the country to help reduce the importation or competitiveness of foreign company in the country's market.
In conclusion, the policy is known as a protectionism policy.
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Answer:
Barrier to Trade
Explanation