If an unchosen alternative of a product has appealing features that a chosen product does not have, the dissonance is most likely to occur to a consumer.
What do you mean by Consumer?Consumers are individuals or groups who want to order, or utilize purchased items, goods, or activities mainly for personal, societal, family, domestic, and similar requirements that are not directly tied to entrepreneurial or company activity. Alternatively, a consumer is someone who buys a product for personal use and then uses or consumes it. Although a customer can resell the good, product, or service, he or she may use it to support himself or herself and engage in self-employment. Describing a consumer, a person who uses any services or goods on a daily basis is the consumer.
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Which statement best describes the difference between an epidemic and a pandemic?
A pandemic lasts for a long time, and an epidemic lasts only a short period of time.
A pandemic involves many deaths, and an epidemic only involves sickness.
An epidemic is contained to a region, and a pandemic is global
An epidemic involves an illness where a pandemic involves an injury.
acupuncture, herbal medicine, and meditat
the Hippocratic Oath, the humoral theory, and meditation
bloodletting, plasters, and herbal medicine
Answer:
a pandemic involves many deaths , and an epidemic only involves sickness
Answer:
An epidemic is contained to a region and a pandemic is global.
are the costs related to the product that have to be paid regardless of the amount you sell.
A) Fixed cost
B) Opportunity costs
C) Variable costs
D) none of the above
Answer:
C) Variable costs
Explanation:
What's a curling iron?
Answer:
A curling iron is a tool that is used on hair to create a tight or loose curl.
Prompt
What is debt?
Answer:
debt is when you spent more money than you had
Bob’s Bistro produces party-sized hoagie sandwiches. For next year, Bob’s Bistro predicts that 50,000 units will be produced with the following total costs:
Direct materials $200,000
Direct labor 100,000
Variable overhead 60,000
Fixed overhead 260,000
Required:
If required, round your answers to the nearest cent.
1. Calculate the prime cost per unit.
$fill in the blank 1 per unit
2. Calculate the conversion cost per unit.
$fill in the blank 2 per unit
3. Calculate the total variable cost per unit.
$fill in the blank 3 per unit
4. Calculate the total product (manufacturing) cost per unit.
$fill in the blank 4 per unit
5. What if the number of units decreased to 40,000 and all unit variable costs stayed the same? indicate the impact on the following costs.
a. Total direct materials decreases by 20%
b. Total direct labor decreases by 20%
c. Total variable overhead decreases by 20%
d. Total fixed overhead does not change no change
e. Unit prime cost decreases by 20%
f. Unit conversion cost decreases by less than 20%
What would the product cost per unit be in this case?
1. The calculation of the prime cost per unit for Bob’s Bistro is $6 ($300,000/50,000).
2. The calculation of the conversion cost per unit for Bob’s Bistro is $7.20 ($360,000/50,000).
3. The calculation of the total variable cost per unit for Bob’s Bistro is $ $7.20 ($360,000/50,000).
4. The calculation of the total product (manufacturing) cost per unit $12.40 ($620,000/50,000).
5. The impact of the following considerations if the production units decrease to 40,000 units is as follows:
a. The total direct materials decreases by 20% to $160,000 (40,000 x $4).
b. The total direct labor decreases by 20% to $80,000 (40,000 x $2).
c. The total variable overhead decreases by 20% to $48,000 (40,000 x $1.20)
d. The total fixed overhead remains at $260,000.
e. The unit prime cost decreases by 20% to $4.80 ($6 x 80%).
f. The unit conversion conversion decreases by less than 20%.
Then, the product cost per unit would be $12.50 (40,000 x $4.80 + $48,000 + $260,000)/40,000.
What are the costs of production?The costs of production are the costs involved in the manufacture of goods.
The costs of production include the costs of materials, labor, and overhead (both variable and fixed).
Data and Calculations:Production units next year = 50,000 units
Cost information: Total Unit
Direct materials $200,000 $4 ($200,000/50,000)
Direct labor 100,000 $2 ($100,000/50,000)
Variable overhead 60,000 $1.20 ($60000/50,000)
Total variable costs = $360,000 $7.20 ($360,000/50,000)
Fixed overhead 260,000
Total production costs = $620,000
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Sales for J. P. Hulett Inc. during the past year amounted to $4.4 million. Gross profits totaled $1.02 million, and operating and depreciation expenses were $490,000 and $348,000, respectively. Dividend income for the year was $14,000, which was paid by a firm in which Hulett owns 85 percent of the shares. Use the corporate tax rates shown in the popup window, to Comcute the corporation's tax liability. What are the firm's average and marginal tax rates? Taxable Income Marginal Tax Rate $0−$50,000 15% $50,001−$75,000 25% $75,001−$100,000 34% $100,001−$335,000 39% $335,001−$10,000,000 34% $10,000,001−$15,000,000 35% $15,000,001−$18,333,333 38% Over $18,333,333 35% What are the firm's average and marginal tax rates?
The average tax rate is 7500 / 196000 = 0.038. the average tax rate will be 3.8%. Also, by calculating the Marginal tax rate, it will be calculated to be 15%.
Formula for taxable income is,
Taxable income = Gross profit - expenses - depreciation + incomes
taxable income = $1.02 million - $490000 - $348000 + $14000
= $196000
hence, the taxable income is $196000.
For calculating marginal tax rate,
taxable income falls in the (0-50000), the marginal tax rate is 15%.
now, 15000 × 15% = $7500.
total tax liability = $7500.
since, the average tax rate can be calculated as,
average tax liability = total tax liability / taxable income of average tax rate
average tax liability = $7500 / $196000
= 0.038
since, the average tax rate is 3.8%.
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On October 1, a company received $19920 cash as a down payment on a consulting contract. The amount was credited to Unearned Consulting Re the year-end, 65% of the services required by the contract were completed. What will be the amount the company record as a consulting revenue fro contract at year-end?
A company's operating revenues must be entered into the general ledger and then every reporting period reported on an income statement. Revenues are acknowledged when they are earned, not always when they are received.
What is Revenue contract:
According to generally recognized accounting rules, a transaction must be signaled by a crucial event, such as the sale of goods or the completion of a project, and payment for the good or service must correspond to the stated price or mutually agreed-upon fee. When a consumer makes a retail in-store purchase, for example, revenues are frequently made and received concurrently.
Take into account the case where a clothes store registers sales when a consumer buys a new pair of pants. When the cashier scans the bar code and rings up the items for a specific amount, which corresponds to the price on the price tag, that is the important event. Once the customer has made a payment for the purchase, the revenue recognition procedure is finished. If a customer returns any pieces of product, the store records that transaction individually in its books and adjusts its overall revenues.
According to GAAP, revenues are acknowledged when they are earned and realized, not necessarily when they are received. However, as in the example of the retail business stated earlier, revenues are frequently earned and received in a single transaction. However, the example of the engineering firm shows how there might be a delay between the realization of earnings and receiving payment.
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Q09: Business Processes include which of the following? Workflow Controls Timing, Time Fences All choices Data Objectives
Business processes include workflow controls, timing, time fences, data objectives .Workflow Controls Timing, Time Fences All choices Data Objectives
Business processes refer to the systematic series of activities or steps that organizations undertake to achieve specific objectives. These processes encompass various elements, including workflow controls, which involve defining and managing the flow of tasks and information within the organization. Timing is crucial in business processes as it involves scheduling activities and ensuring they occur at the right time. Time fences are predetermined points in time that establish deadlines or limits for specific activities or decisions. Data objectives involve defining the desired outcomes and goals related to data management and utilization within the business processes.
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It will be difficult to institute fiscal policy in a stabilizing manner because politicians will find:.
It will be difficult to institute a fiscal policy in a stabilizing manner because politicians will find that budget deficits are attractive during a recession, but they will be reluctant to run budget surpluses during an expansion.
What is a Fiscal Policy?This refers to the use of government spending in order to influence and control economic conditions such as recession, etc.
Hence, we can see that the use of fiscal policies can be difficult to be used in a stabilizing manner because while they can be used to control recession, it is difficult to use them as budget surpluses during an expansion.
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If you were a merchandiser for Ralph Lauren Corporation, would you recommend that
Ralph Lauren Corporation add another diffusion brand? Why or why not? If yes, which
category? If no, which diffusion line should be removed?
Answer:
Ralph Lauren has always enjoyed success due to positive consumer perceptions of its classic designs, high quality and premium image. It has followed an expansion strategy using the same core credentials into other fashion segments.Explanation:
After allocating cost in excess of book value, which asset or liability would not be amortized over a useful life?
After allocating costs in excess of book value, bonds payable assets would not be amortized over the useful life.
A bond is a type of security used in finance where the issuer owes the holder debt and is required, depending on the terms, to repay the principal and interest on the bond at the maturity date. Interest is typically paid at regular intervals. Bonds play a significant role in the asset allocation of an investment portfolio because their consistent return helps to balance out the volatility of equity prices. When they need to raise money, governments and businesses issue bonds. By purchasing a bond, you are granting the issuer a loan, and they agree to repay the face amount of the loan along with interest on a set date.
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х
The account debited when payment is made for equipment purchased previously on account is
A accounts receivable.
O
B. cash.
C. accounts payable.
D. equipment
Answer: It is A. Accounts Receivable.
3. What's considered a retail service?
A. Car engine repair
B. Car wash
C. New car
D. New car tires
The correct option is D. New car tires.
New-car tires are considered a retail service.
What are examples of retail?Retail businesses sell items or services to customers for their consumption, use, or pleasure. They typically sell items and services in-store but some items may be sold online or over the phone and then shipped to the customer. Examples of retail businesses include clothing, drug, grocery, and convenience stores.
What is retail customer service?Retail customer service is like any other customer service: it's the act of providing customers with assistance, answering their questions and helping them solve problems. However, there are some factors specific to this industry that make it important to learn and hone retail customer service skills.
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Explain the statement below using at least 5 complete sentences. Punctuation, spelling, and grammar will be considered in the scoring of your response. "Just because you're good at something doesn't make it a strength!!"
Explanation:
The statement highlights the fact an activity we may consider ourselves good at may not necessarily strengthen us mentally.
Hence, it emphasizes the need for self-evaluation of the needs we are good at to see whether actually makes us happy.
For example, someone who is good at telling nice stories and yet discovers when they are involved in that activity they aren't happy.
This scenario rightly dipicts why one's strength is not determined by what they are good.
Therefore, we can say indeed, "Just because you're good at something doesn't make it a strength!!".
The roles of ___, ___, and ___ are critical for managers in nonprofit organizations.
The roles of spokesperson, leader, and resource allocator are critical for managers in non-profit organizations.
What are management's responsibilities in non-profit organizations?The four main areas of planning, organizing, leading, and controlling are how management gurus have divided up management's tasks. The management of nonprofits requires special attention to each area.
How are non-profit organizations run?The nonprofit industry, by definition, works toward humanitarian ends. Because they lack formal hierarchies and managerial structures, many nonprofit organizations are loosely structured and frequently volunteer-driven.
Which managers are critical to advancing innovation?Middle managers are essential for fostering innovation and empowering businesses to adapt quickly to changing conditions. a manager who is in charge of a certain project at work that brings together staff from different levels and functions of the company.
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a special journal used to record only cash receipt transactions.
a.purchase invoice
b.purchase on account
c.cash payments
d.cash discount
The special journal used to record only cash receipt transactions Cash receipts journal
The special journal used to record only cash receipt transactions is the "cash receipts journal."
A. Purchase invoice is a document received from the supplier of goods or services indicating the quantity, price, and terms of the sale.
B. Purchase on account is a transaction in which the buyer does not pay for the goods or services at the time of purchase but is allowed to pay at a later date.
C. Cash payments journal is a special journal used to record only cash payment transactions.
D. Cash discount is a reduction in the amount of cash to be paid by a customer if payment is made within a specified period of time.
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Company A has issued $2 million (notional principal) in five-year bonds with a floating (variable) annual interest rate defined as the LIBOR plus 1.2% (Assume that LIBOR is at 2.3% in year 1 and increases by 0.55% per year thereafter). What is the total amount company A will pay in five years? O a. $98,750 O b. 85,000 Oc. $128,750 O d. $115,000
The answer is , the total amount Company A will pay in five years is $2,312,000. The correct answer is option d) $115,000.
How to find?To calculate the total amount Company A will pay in five years, we need to first determine the interest payments for each year.
In year 1, the interest payment would be (2,000,000 x 0.023 + 0.012) = $50,400. In year 2, the interest payment would be (2,000,000 x 0.028 + 0.012) = $56,400. In year 3, the interest payment would be (2,000,000 x 0.033 + 0.012) = $62,400. In year 4, the interest payment would be (2,000,000 x 0.038 + 0.012) = $68,400.
In year 5, the interest payment would be (2,000,000 x 0.043 + 0.012) = $74,400. Adding up all the interest payments gives us a total of $312,000.
However, we also need to factor in the repayment of the principal amount of $2,000,000 at the end of the five years. Therefore, the total amount Company A will pay in five years is $2,312,000. The correct answer is option d) $115,000.
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20 POINTS FOR THE ANSWER
Choose a specific technological advancement from the list presented. Once you have chosen, research its impact on the evolution of media in relation to design. Make sure to cite your sources too!
Possible choices:
Johannes Gutenberg and the printing press
Pi Sheng and movable type
Saul Bass and movie credit design
Paul Rand and corporate identity systems
Digital printing
Digital photographic editing
Linotype typesetting machine
Digital printing is best used for items that require high amounts of detail and smaller quantity orders. Unlike conventional printing, there are no pre-press stages between the digital document files and the final product; there is also no need for messy formatting equipment like film plates or photo chemicals.
What is the evolution of printing?The printing is credited as the earliest form and was first developed in China around 200AD. As the name suggests, it involves carving a design into a block of wood. Once the wood is carved, the raised part is then inked and paper is placed on top.
It's been 20 years since Israeli Benny Landa revolutionized the printing industry with the advent of digital printing, and industry watchers say the inventor may have repeated the feat with a new product unveiled.
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Does the Way Your Classroom Is Decorated Affect Your Learning?
Who is Jake from Statefarm??
Answer:
my baby daddy.
Explanation:
I forgot to take the pill :(
Answer:
god
Explanation:
jake from state farm is god. *period*
When a monopolist chooses the output that maximizes profits, we know that mr = mc and also that p > mr. this is inefficient because:_____.
When a monopolist chooses the output that maximizes profits, we know that Mr = mc and also that p > Mr. This is inefficient because the monopolist is the only producer in the market.
A monopoly market is one where there is only one manufacturer in the market. Therefore, there are no competitors on the market. The monopolist is free to choose the market price of the product. Therefore, MR - MC and this P > MR theory are inefficient for monopoly markets.
A monopoly is an individual, group, or company that controls a market for goods or services. Monopolies often charge high prices for their goods. Antitrust Laws: Maintaining healthy competition in the market.
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I lost my bestfriend. Omg I can't take it.
Answer:
why tho
Explanation:
why th
Answer:
i'm so sorry this happend to me at the beginning of last year and i was sad for the whole year but im fine now cause she was toxic and wouldn't let me have any friends and i got a glow up
Explanation:
Assume that labor and capital are the only two inputs a perfectly competitive firm uses to produce wheat. The firm hires its inputs in perfectly competitive input markets. The unit price of labor is $8 and of capital is $20. When the firm employs the profit-maximizing combination of these two inputs, the marginal product of labor is 2 tons of wheat and of capital is 5 tons of wheat. The price of wheat per ton must be
The price of wheat per ton must be $4 when profit-maximizing combination is employed.
What is Price?This is defined as the amount of money that has to be paid to acquire a given product.
To get the price per ton for the company to make profit, we find the ratio of the unit price of labor to the marginal product of labor.
$8 / $2 = $4.
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What would you like to know?
Answer:
I like these free points. Also Panic! At The Disco anyone?
Explanation:
What country have a sand
What is meeting the deductible?
Answer:
The amount you pay for covered health care services before your insurance plan starts to pay. With a $2,000 deductible, for example, you pay the first $2,000 of covered services yourself. ... Many plans pay for certain services, like a checkup or disease management programs, before you've met your deductible.
why would subcontractors for a government project want their activities on the critical path? under what conditions would they try to avoid being on the critical path?
They enjoy being on the critical path because they are being compensated in situations where cost incentives are provided for early project completion.
What conditions would they try to avoid being on the critical path?A subcontractor can prefer to run his activities along the important route when financial rewards are given for finishing the project on time. It makes natural that operations along the path would draw more money to hasten completion because the important path ultimately determines project length.The amount of time that a task can be delayed without impacting the completion date of the project or any other task is known as slack time. This is the amount of time that an operation can be delayed without affecting the overall project's timeline. The difference between the target deadline and the required dates to complete the crucial route is the amount of slack time that is actually available.To learn more about the subcontractor's critical path, refer to:
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Give an example of a time where you used Physical Capital to make or create something.
Answer:
cash is one example of a physical capital
on january 1, poe corp. sold a machine for $900,000 to saxe corp., its wholly owned subsidiary. poe paid $1.1 million for this machine, which had accumulated depreciation of $250,000. poe estimated a $100,000 salvage value and depreciated the machine on the straight-line method over 20 years, a policy that saxe continued. in poe’s december 31 consolidated balance sheet, this machine should be included in cost and accumulated depreciation as cost accumulated depreciation cost $850,000 accumulated depreciation $42,500 cost $1,100,000 accumulated depreciation $300,000 cost $900,000 accumulated depreciation $40,000 cost $1,100,000 accumulated depreciation $290,000
in Poe Corp.'s December 31 consolidated balance sheet, the machine should be included with a cost of $900,000 and accumulated depreciation of $40,000 ($299,863 rounded to $300,000).
In Poe Corp.'s December 31 consolidated balance sheet, the machine should be included with a cost of $900,000 and accumulated depreciation of $40,000. Here's how we arrive at this answer:
1. Poe Corp. sold the machine to Saxe Corp., its wholly owned subsidiary, for $900,000 on January 1.
2. Poe Corp. initially purchased the machine for $1.1 million. It had accumulated depreciation of $250,000 at the time of the sale.
3. Poe Corp. estimated a salvage value of $100,000 for the machine.
4. Poe Corp. depreciated the machine on the straight-line method over 20 years, and Saxe Corp. continued with this policy.
To calculate the annual depreciation expense, we subtract the estimated salvage value from the cost of the machine and divide it by the useful life of 20 years:
($1.1 million - $100,000) / 20 = $50,000 per year
Since the machine was sold on January 1, only a portion of the year's depreciation expense is applicable. We need to calculate the depreciation expense for the period from January 1 to December 31.
Number of days from January 1 to December 31 = 365 days
Number of days from January 1 to the machine sale date (January 1) = 1 day
Number of days for which depreciation is applicable = 365 - 1 = 364 days
Depreciation expense for the period = ($50,000 / 365) * 364 = $49,863.01 (rounded to $49,863)
To determine the accumulated depreciation at the end of the year, we add the previous accumulated depreciation of $250,000 to the depreciation expense for the year:
$250,000 + $49,863 = $299,863
Therefore, in Poe Corp.'s December 31 consolidated balance sheet, the machine should be included with a cost of $900,000 and accumulated depreciation of $40,000 ($299,863 rounded to $300,000).
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If the trade-off for the production of two goods is constant: OA. the PPF is a straight line. B. the PPF represents increasing opportunity costs. OC. the point representing this combination lies outside the PPF. OD. the PPF represents a normal case in the real world. O E. the point representing this combination lies inside the PPF.
If the trade-off for the production of two goods is constant, the PPF is a straight line.
The production possibility frontier (PPF) is a visual representation of the choices that an economy must make in terms of allocating its resources to produce two distinct goods. It demonstrates the concept of opportunity cost, which indicates the cost of producing one item over another when resources are scarce. A straight line PPF is produced when the trade-off for the production of two goods is constant. In other words, the opportunity cost of producing one good over the other remains the same throughout the production process.
Thus, a constant trade-off results in a straight-line PPF, indicating that the economy can produce the two items in a fixed ratio and does not need to allocate its resources differently.To summarize, a straight line PPF is produced when the trade-off for the production of two goods is constant. This occurs when the opportunity cost of producing one item over another remains constant throughout the production process.
A trade-off is a kind of compromise in which something is given up in exchange for something else. While looking you for an after-school work, you could need to make a compromise: a more convenient location for a lower hourly wage.
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