Inventory Valuation under Absorption Costing Amiens Company produced 20,000 units during its first year of operations and sold 18,900 at $17 per unit. The company chose practical activity—at 20,000 units—to compute its predetermined overhead rate. Manufacturing costs are as follows: Direct materials $ 80,000 Direct labor 101,400 Variable overhead 15,600 Fixed overhead 54,600Required: 1. Calculate the unit cost for each of these four costs. Round your answers to the nearest cent. Direct Materials Cost $ Direct Labor Cost $ Variable Overhead Cost $ Fixed Overhead Cost $ 2. Calculate the cost of one unit of product under absorption costing. Round your answer to the nearest cent. $ 3. How many units are in ending inventory? $ 4. Calculate the cost of ending inventory under absorption costing. $

Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.

- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.

To determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.

Let's analyze the tasks:

1. Clutch Replacement:

- Isabella takes 6 hours.

- Antonio takes 8 hours.

Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.

2. Brake Replacement:

- Isabella takes 4 hours.

- Antonio takes 6 hours.

Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.

Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.

Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.

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Answer:

Las propuestas principales para revisar la determinación de los salarios, el valor (no) asignado al trabajo y sus efectos sobre hombres y mujeres incluyen: 1. la Economía de la familia y la división del trabajo por género; 2. las diferencias salariales por género: el capital humano y la discriminación en el mercado de trabajo; 3. el dualismo y segmentación del trabajo por género; 4. la segregación ocupacional por género; 5. la economía marxista y el género; 6. el género y la economía según las feministas; 7. la crisis económica y el género; 8. las mujeres y la recesión; 9. los estudios económicos con perspectiva de género y 10. la explotación de las fuentes estadísticas

Explanation:

It can begin service again approval is obtained from the regulatory authority.

The duration for an organization to recommence its services after enduring a foremost electricity malfunction relies on several elements, such as the character of the operation, the magnitude of destruction caused by the power cut-off, as well as the accessibility of supplies requisite to renew operations.

For instance, if the establishment is a minor retail outlet, it can possibly resume working once the power source is restituted and various necessary safeguards have been established. Conversely, if the business is a major production concern or informatics server, it could take longer to reinstate tasks due to the meticulously intricate facilities and networks entailed.

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The adjusting journal entry for GTI is as follows:

Date       Account Titles                  Debit     Credit

Dec. 31  Wages Expenses              $720

             Wages Payable                               $720

An adjusting journal entry is a period-end journal entry to accrue expenses that have been incurred but not paid in cash.

Adjusting journal entries can also be used to record Depreciation Expenses, Earned and Unearned Revenues, Prepayments, and correction of accounting errors.

Wages Expenses $720 Wages Payable $720

Two Employees' wages for two days = $720 (180 x 2 x 2)

Thus, the Wages Expenses account will be debited, while the Wages Payable account will be credited to show that GTI is owing two employee wages for 2 days.

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Prepare the adjusting journal entry to record the accrual.

It could be considered unethical to overstate a city's actual cost of living and manipulate costs, both of which could harm an individual's and an organization's reputation.

Professional misconduct and unethical behavior are used interchangeably. It involves doing things that are regarded as immoral, unfair, or harmful to other people. Lies, cheating, stealing, discrimination, harassment, conflicts of interest, and violating laws or regulations are all examples of unethical behavior. Individuals, organizations, and society as a whole can be harmed by unethical behavior. It has the potential to harm reputations, result in financial and legal repercussions, and undermine trust and credibility. To promote fairness, integrity, and respect for others, it is essential for individuals and organizations to uphold high ethical standards and values.

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Answer:D. If she decides to move, she will not have to deal with selling her home.

Explanation:The reasoning behind option D is that if the person rents a home, they will not have to go through the process of selling a home if they decide they do not like living in California. Renting a home provides more flexibility and allows them to move without having to worry about the challenges that come with selling a home, such as finding a buyer and negotiating a price. This could be especially important if the person is unsure about whether they will like living in California, and wants to be able to move if needed without having to go through a complicated and time-consuming process.

If she decides to move, she will not have to deal with selling her home the fact that she might not like living in California make someone think renting a home is better than buying one. Thus, option (d) is correct.

The term renting refers to pay the rent on the used of the thing, property. The renting are the pay to the landlords. A renting on the time to time pay as the basis on the monetary terms. It was the renting are the cheapest as compare the buying.

According to the case, the fact was the basis on the person rents a home not as the buying the home because it was the cheapest. So, she was decided the not living the California. Renting on the home was the more flexible as well as negotiating a price. She not to the deal her home.

As a result, the significance of the renting a home is better than buying one are the aforementioned. Therefore, option (d) is correct.

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As the S/Y* curve goes upward and the investment share curve shifts to the right in the spending share diagram, investment rises.

The S/Y* curve in the saving and investment graphic rises upward, suggesting an increase in saving, if all private people save at a greater rate. As a result, the equilibrium point on the S/I curve shifts, increasing investment. A drop in consumption is also implied by the S/Y* curve moving upward. The investment share curve swings right in the spending share diagram, showing a rise in investment relative to consumption. When private savings rise, the saving share curve likewise swings upward, lowering consumption share. In general, a rise in personal saving causes a rise in investment and a decline in consumption.

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The optimal order quantity of CUI is 3,345.21 pounds, and the total cost to meet the annual demand at the lowest cost is $1,410,832.95.

The economic order quantity (EOQ) formula may be used to find the order quantity that will satisfy the yearly demand at the cheapest price. It goes like this: EOQ = √((2 × Annual demand × Ordering cost) ÷ Holding cost)

When the annual demand is 47,000 pounds, the ordering cost is $30, and the holding cost is 30% of the copper price per unit each year

At each price break, we may use the following ranges to get the copper price:

as much as 2,999 pounds: 0.84 cents per pound

3,001 to 5,999 pounds 0.83 cents per pound

more than 6,000 pounds: At $0.81 per pound

By using the EOQ formula to get the total cost for each price break, we can determine the ideal order quantity. The best amount to order is the one that has the lowest overall cost.

EOQ = √((2 × 47,000 × 30) ÷ (0.3 × 0.84))

∴ EOQ = 3,345.21 pounds

We will utilize the pricing of $0.83 per pound because the ideal order amount is between 3,000 and 5,999 pounds. As a result, the final price for the ideal order quantity is:

Total cost = (Annual demand × Ordering cost) + (Holding cost × EOQ × Price of copper)

Total cost = (47,000 × 30) + (0.3 × 3,345.21 × 0.83)

Total cost = $1,410,000 + $832.95

∴, Total cost = $1,410,832.95

∴ , The ideal order size is 3,345.21 pounds, and it would cost $1,410,832.95 to fulfill the annual demand at this size.

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Answer:

In order to analyse and anticipate the change in exchange rates, I would use a combination of technical and fundamental analysis. Technical analysis involves studying charts and trends to identify patterns that can be used to predict future price movements. Fundamental analysis involves looking at economic indicators such as GDP growth, inflation, unemployment, and interest rates to gain an understanding of the underlying economic conditions that can affect exchange rates.

In order to mitigate the impact of possible exchange rate fluctuations, I would suggest implementing a strategy of hedging. Hedging involves taking out a position in a currency or financial instrument that is opposite to the current position in order to reduce the risk of losses due to exchange rate fluctuations. This can be done through the use of forward contracts, options, and futures. Additionally, I would suggest diversifying investments across multiple currencies to reduce the risk of losses due to exchange rate fluctuations.

Finally, I would suggest monitoring exchange rate movements closely and adjusting the hedging strategy accordingly in order to ensure that the hedging strategy is effective in mitigating the impact of exchange rate fluctuations.

Explanation:

the answer of the question is true

Answer:

Explanation:

Annual depreciation=(cost-salvage value)/useful life

Annual depreciation =(156,000-1000)/20

Annual depreciation =$7750/year

Hence Depreciation for second year=$7750.

The determinants of culture that you would want to cultivate early in business are:

There are several key determinants of culture that businesses may want to cultivate from the early stages of the business:

Values: Establishing a clear set of core values is important for creating a strong organizational culture. Values such as integrity, accountability, and respect can help guide decision-making and behavior within the company.

Leadership: The leadership style and behavior of the company's leaders can have a significant impact on the culture of the organization. Strong leaders who lead by example and promote a positive, inclusive culture can help to foster a culture of excellence and teamwork.

Communication: Clear, open, and transparent communication is essential for building a positive culture. Regular communication and feedback channels can help to ensure that all employees feel heard and valued.

Employee engagement: Encouraging employee engagement and participation in the culture-building process can help to ensure that the culture is embraced by all employees.

Inclusion and diversity: Promoting an inclusive and diverse culture is vital for building a strong, productive, and innovative organization. This includes recognizing, respecting and valuing the differences in perspectives, backgrounds, and experiences of all employees.

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George started a stationery store, and he wants to check if his business model is correct, for that we need to know that.....

A stationery store is the type of business that is always needed by many people, which makes the business interesting to say the least.

The stationery branch is usually attractive to the small entrepreneur, as a stationery store can be set up in small spaces, it does not require great experience, the investment is not so self-investing.

For those who are going to start, it is important to know that this segment suffers from great competition from e-commerce, so it is important to be aware of a series of factors to start right and increase business opportunities.

To work with stationery stores nowadays, it is essential to think “outside the box”, that is, innovation and diversification are the great differentials for your stationery.

A diversified stationery store can offer products for:

See that every population at one time or another requires products from a stationery store.

With this information, we can say that George's planning is not yet complete, for him to complete the planning of his stationery, he will still need to add several points to his strategy, for example the details of his store and the products he will sell.

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If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.

For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.

So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.

Hence, option D is correct.

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Answer:

c

Explanation:

Answer:

Explanation:

The circular flow diagram is a visual representation of how money and goods flow through the economy. It shows the interrelationship between households, businesses, and the government.

In the diagram, households are on one side and businesses are on the other. Households provide labor and other resources to businesses in exchange for wages and salaries. Businesses use these resources to produce goods and services that are sold to households. The government also plays a role in the economy by collecting taxes from households and businesses and spending money on goods and services.

The diagram is circular because money flows from households to businesses when they purchase goods and services. Businesses then use this money to pay for resources such as labor, which flows back to households in the form of wages and salaries. The government also collects taxes from households and businesses, which it then uses to pay for goods and services .

I hope this helps! Let me know if you have any other questions or if there is anything else I can help you with.

Answer:

Explanation:

Given that:

\(P =17000+(\dfrac{150}{n})\)

where;

P = the price and;

n is the number of firms.

Now, Recall that:

\(AC = \dfrac{F}{Q}+C = \dfrac{F}{\dfrac{S}{n}}+C\)            \((for \ Q = \dfrac{S}{n})= n \times \dfrac{F}{S} + C\)

where:

AC = average cost

F = fixed cost

Q = output of firm C

C = variable cost (The marginal cost is determined by variable costs and is influenced by fixed costs.)

S = The automobile sector's demand in each nation

But since avg. cost per unit, as well as the price, are just the same;

Then;

AC= P

\(17000+(\dfrac{150}{n})= n \times \dfrac{F}{S}+C --- (1)\)

So, S is now worth $300 million in the United States.

Then, we get the value of n for the United States by replacing the values of S, F, and C in equation (1).

By solving:

n = 3

Similarly, S is valued at $53 million in Europe.

We get the estimated value of n for Europe by replacing the necessary values in equation (1).

Thus, by solving:

n = 4

Hence;

In the United States, the equilibrium number of companies is 3.

In Europe, the equilibrium number of firms is 4.

B)

Replacing the values for n in the equation:

\(P = 17000 +( \dfrac{150}{n})\) we can determine the value of P in the United State:

\(P_{US} = 17000 + ( \dfrac{150}{3})\)  

= $17050.

Similarly, replacing the value for n in the equation;

\(P = 17000 +( \dfrac{150}{n})\) we  can determine the value of P in Europe

i.e.

\(P_{E} = 17000 + (\dfrac{150}{4})\)

= $17037.50

C)

S is worth $833 million in the United States and Europe combined.

i.e (300 million + 533 million).

Replacing the values for S, F, and C in equation (1);

By solving;

The estimated value of n for both the United States and Europe is n = 5

However, replacing the value for n in the equation below, we have:

\(P = 17000 + ( \dfrac{150}{n})\)

\(P = 17000+(\dfrac{150}{5})\)

= $17030

Thus, the new equilibrium price of automobiles = $17030

D) Automobile prices have dropped to $17,030 per vehicle for both countries as a result of free trade. As a result, after the exchange is opened, customers would have to pay a reduced amount for an automobile purchase. Not only that but after the exchange, customers in each country have a wider range of products to choose from.

The amount of brands in the United States has increased from three to five, while in Europe it has increased from four to five. As a result, trade benefits customers in both countries.

Answer:

The summary as per the given query is summarized below.

Explanation:

Due to the way they were taught, Generation Y really has a propensity to struggle with problem solving, failing, accepting and learning from errors, and having realistic expectations. Independence, accountability, and responsibility are all reduced.

What Every Manager Needs to Know About Managing Generation Y

The stereotypes about millennials include being too relaxed, impatient, and lazy. Employers of Generation Y workers say that these people have low standards for pay, a poor work ethic, and difficulty focusing and concentrating. They seem to be hopping jobs in an outrageous manner.

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Answer:

Realidades 2 WKBK page 109

Explanation:

Realidades 2 WKBK page 109

The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.

Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:

Evaluation of the Night-light Data Method:

Reasons for Differences between Traditional Expenditure Approach and Night-light Data:

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Answer:

Personality

Explanation:

the combination of traits, which result from the interaction of your genes and your environment, they constitute your personality. 

The personality from the interaction of genes and environment.

It could involve anything from managing a team of people to swaying opinions and guiding an organization's development.

Whatever your personal definition of leadership may be, we can all agree on one thing: Great leaders regularly exhibit certain characteristics as opposed to mediocre ones.

Effective leaders play a critical role in ensuring that people are inspired, engaged, and properly prepared to provide their best work at all levels of a business.

Therefore, The personality from the interaction of genes and environment.

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$6,28,363  the firm increase its inventory without its current ratio falling below 2.1    

Current ratio = Current asset / current liability

Increasing inventory would increase the current asset.

We assume the additional inventory = L

So new current asset  = L + $2,505,600

New current liability   = L + $864,000

So,  L + $2,505,600÷ L + $864,000 = 2.1

By solving L we get, L= $6,28,363

In other words, assets are items that provide a financial benefit to a company, such as inventory, buildings, equipment, and cash. They aid a company's ability to manufacture goods or provide services both now and in the future. A company's liabilities are its obligations—either money owed or services not yet performed.

Liabilities are the debts owed by a company to third-party creditors. Accounts payable may include notes payable and bank debt. Businesses take on debt in order to expand faster. A company's stability is determined by the balance of its debts and assets

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Answer:

$1,500

Explanation:

Based on the information given we were told that Eagle fills in the amount of $1,500 instead of the amount of $1,000 which Dan authorize Eagle to fill in which they went ahead to as well negotiates the check payable to First State Bank because Eagle owes First State Bank the amount of $1,500 which means that First State Bank which is an HDC, can enforce the check for the amount of $1,500 which was negotiated by Eagle to First State Bank.

Therefore First State, an HDC, can enforce the check for: $1,500

Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do  think that Boeing's most recent decision to rethink its outsourcing strategy is correct.

The reason for the outsource is so that they can lower the  costs and and the time spent on development.

Note that  Boeing was known to have created about 787 through the use of a system that is said to be an unconventional three-tier supply chain.

Note that The implementation of this was said to have led to a substantial increase  in outsourcing.

Hence,  Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do  think that Boeing's most recent decision to rethink its outsourcing strategy is correct.

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Answer:

A & B

Explanation:

Your income is a asset to value the estimations of your loan application. The loan length, the repayments and negotiate a fixed or flexible interest rate among the loan, depending on the type.

Answer:

Verifying your income

Explanation:

You will already have to have a credit card and to talk about interest rates, you would have to be approved first.

Answer: Provided in the explanation section

Explanation:

Consider the instance of El Manufacturing Company in which a worker L E is answerable for setting up the diary vouchers to be utilized for general record sections. Be that as it may, there are sure control shortcomings and issues in this situation.

The assignment of refreshing the general record must be independent from all the bookkeeping and resource guardianship duty inside the association.

In the moment case, L is liable for everything from setting up the Journal Voucher to presenting it on the particular records.

The potential control shortcoming in such situation is as per the following:

• No Segregation of obligation

• Too much dependence on person

• Data uprightness and secrecy if any is flawed

• Chances of blunder is high

In such situation, to make up for the possible hazard, the framework ought to be worked to furnish end clients and GL offices with nitty gritty posting of diary vouchers and record movement report.

Change Cycle is the cycle which track records for the arrangement of crude material to completed products.

Here on the correct perspective overall of the procedure:

1. Triger by stockroom dept ( Raw material Keeper)

2. Produnction supervisor refreshes the request to be finished and include further up and coming requests assuming any.

3.It will create online request slip and legitimately post to bosses tab + bookkeeper tab

4. Chief take material and issue to amassing dept ( overabundance material prerequisite is given by his position moreover)

5. Time + work both finished card sare sent to Accountanct

6. When request finished Accountant update the WIP just as Inventory in books.

Hazard in the Conversion Cycle:

After receipt of material and charging it to FG as Inventory in books

- Risk is hindering of assets in abundance keeping of stock, As material level down after a specific level automatc trigger alternative is set up, which alerts the productin leave. to decide the future necessity according to the productin request in hands ( Good control set up)

Second, Online workorder to Supervisior, All chief gets their no. of creation request ( to be finished on the web) - Good control set up

Third, Supervisor on hand, place the material prerequisite ( and if any abundance necessity - " NO FURTHER APPROVAL" is made to store representative. here hazard is medium over the demand far beyond the Order indicates by the creation dept.

Fourthly, creation representatives itself are planning thier work tickets ( " NO AUTHENTICATION")- As tickets are finished by creation representatives itself control of information info or its endorsement is inadequate.

Fifth, Accountant decides himeslef the WIP , FG of the request over the crude information got as occupation card, time card, material order Risk is bookkeeper simply need to verifiy the information from the information got from the creation L2 official instead of himself keep up the quantities of the activity.

From above it is anything but difficult to catch the degree of hazard at different level in the above procedure of Central creation Limited.

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