Jake's Roof Repair has provided the following data concerning its costs:

Fixed Cost Per Month Cost per Repair-Hour
Wages and Salaries $23,200 $16.30
Parts and Supplies $8.60
Equipment depreciation $1,600 $0.40
Truck Operating Expenses $6,400 $1.70
Rent $3,480
Administrative expenses $4,500 $0.80
For example wages and salaries should be $23,200 plus $16.30 per repair-hour. The company expected to work 2,800 repair-hours in May, but actually worked 2,900 repair-hours. The company expects its sales to be $44.50 per repair-hour.

Compute the company's activity variances for May. (Indicate the effect of each variance by choosing "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).

Answer:

$4,110

Explanation:

The applicable formula is

A= P( 1 + r)^n

In this case

A is the amount after  five years = $5000

P= principal amount = ???

r= interest rate =4%

n = five years

$5000 = p( 1+ 0.04)^5

$5000=p(1.004)^5

$5000= p1.21665

P=$5000/1.21665290

P=4,109.64

Principal amount=$4,110

The finished goods inventory consists of items that have been produced but not yet sold, the correct option is (c).

The finished goods inventory consists of items that have been fully produced and are ready for sale but have not yet been sold.

The Raw materials inventory includes the materials used in the production process but have not yet been transformed into finished goods.

The Work-in-process inventory consists of partially completed goods that are in the process of being produced.

The Capital goods inventory includes long-term assets used in the production process such as machinery, equipment, and buildings.

Therefore, based on the above definitions the correct answer is (c)finished goods.

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In general, and statistically speaking, most new products are in beauty and personal wellness.

Anything you offer to fulfill a customer's need or desire is a product. They could be real or imaginary. A physical product can be either durable (such as vehicles, furniture, or computers) or nondurable (like food and beverages).

The simplest type of product is one that is a physical good with a straightforward SKU. Simple products can be sold alone, as grouped, bundle, or customizable products, or both.

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Answer:c beauty and personal welness

Explanation:

d. interest rates, but not investment or price.When the Federal Reserve conducts open-market sales, it is decreasing the money supply by selling government securities to banks and other financial institutions.

This decrease in the money supply can lead to an increase in interest rates as banks will have less money to lend and will therefore charge higher rates to borrowers. However, open-market sales do not directly impact investment spending or prices, so these quantities will not increase as a result of the Fed's actions. Open-market sales are a monetary policy tool used by the Fed to control inflation and stabilize the economy. By decreasing the money supply, the Fed aims to reduce inflationary pressures and bring interest rates up to a level that is considered to be more appropriate for the economy.

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An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.

The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge. An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.

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Answer:

C. because it does not produce enough oil.

Explanation:

Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.

Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.

The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.

Answer:

D. Because it does not produce enough oil.

edg 2020.

A company has received a special order from a customer to make 5,000 units of a customized product. The direct materials cost per unit of the customized product is $15 , the direct labor cost per unit is  $5 , and the manufacturing overhead per unit is  $18 , including $6  of variable manufacturing overhead. If the company has sufficient available manufacturing capacity, the minimum price that can be accepted for the special order is $26. So, the correct option is b.

The increment cost per unit for the special order is calculated as:

Direct Material                         =     $15.00

Direct Labor                           =     $5.00

Variable Factory Overhead   =     $6.00

Incremental cost per unit = Direct Material + Direct Labor + Variable Factory Overhead  

i.e. $15.00 + $5.00+$6.00

              =     $26.00

The incremental cost per unit is $26, which should be the minimum price that can be accepted for the special order. Therefore, the correct option is b.

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Personal papers, it is true, are documents with a private or nonpublic nature that have no bearing on or relation to how an agency conducts its business.

Documentary materials utilized solely for personal purposes are referred to as personal papers. They consist of the following types of content:

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Answer:

well i first would welcome everyone and thank you for coming

1. Training what is going well and what needs to change

2.Meeting ask anyone what they think that might help

3.Due times if any work that you assigned tell them if there is a due date

4.Plans to evaluate when the next meeting should be held

Explanation:

Answer:

$75

Explanation:

$5 to $6.5 is a 1.3% increase and if the investor bought 50 shares of $5 he bought a total of $250 worth of stock. If you multiply the $250 by 1.3% it will be $325. But the question asks for the capital gain so you would subtract $325 and $250 which is $75.

If the value of the stock at the time of sale was $6.50 per share. The capital gain the investor earned on this investment is $75.

Using this formula

Capital gain=(Number of shares× increase in value of stock)

Let plug in the formula

Capital gain=[50x ($6.50 per shares- $5 per shares)]

Capital gain=50× $1.50 per shares

Capital gain=$75

Therefore the capital gain the investor earned on this investment is $75.

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While the competitor producing the harmful product offshore may seem like a threat, investing in R&D to develop a safe alternative could actually give the company a competitive advantage in the long run, as it would demonstrate the company's commitment to safety and responsibility. The cost to produce a 45 MW facility today would be approximately $22.24 million.

1. As an engineer on the technical team responsible for deciding what to do about the dangerous chemical, I would propose that the company invests in R&D to develop a safe chemical that would take the place of the harmful chemical. While this option may be costly and time-consuming, it is the most ethical choice as it prioritizes the safety of both the workers and the consumers. In addition, it would also ensure the company's compliance with future government regulations and eliminate any potential legal and financial risks associated with the use of the harmful chemical.

Continuing to produce and sell the harmful product without making any changes would be unethical and could potentially harm workers and consumers, leading to legal and financial repercussions. Stopping production of the product altogether could also have negative financial consequences, but with a strategic marketing plan, the company could mitigate these risks and eventually recover from any losses.


2. To calculate the cost of producing a 45 MW facility today, we can use the following formula:

Cost of new facility = Cost of old facility x (Cost index new / Cost index old) x (Size new / Size old) ^ sizing factor

Plugging in the given values, we get:

Cost of new facility = $10M x (80 / 50) x (45 / 15) ^ 0.7
Cost of new facility = $10M x 1.6 x 1.81 ^ 0.7
Cost of new facility = $10M x 1.6 x 1.39
Cost of new facility = $22.24M

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In August 2022, his Inflation Reduction Act became law. Real GDP, salaries, employment, stock market returns, and household net worth all experienced significant increases in Biden's first year in office (2021), but inflation also rose.

The unemployment rate averaged 3.6% in his second year (2022), which was the lowest level since 1969. Compared to President Joe Biden, his administration's GDP growth was by far the highest, increasing by more than 1%. But he also had the third-highest unemployment rate and the highest inflation rate.

On Wednesday, January 20, 2021, Joe Biden was sworn in as the 46th president of the United States, beginning a four-year administration that also included Kamala Harris as vice president.

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Answer:

telecommuting bc it's remote

1. The FICO Score is used by lenders to make fast credit risk decisions

The abbreviation means Fair Isaac Corporation.

2. Missing a payment on credit cards, check into cash loans, or rent payments affect your credit score in a negative way.

3. A hard credit inquiry could lower your credit score by as much as 10 points

4. Borrow as little as possible and pay it in full on time wil effect your credit score in a positive way.

5. Yes. Staying under 30% of your credit limit help your credit score.

Lenders use the FICO Score to help them make accurate, dependable, and timely credit risk decisions throughout the customer lifecycle. The credit risk score ranks consumers based on their likelihood of meeting their credit obligations on time.

On-time payments are the most important factor influencing your credit score, so missing a payment can be painful. If you have otherwise perfect credit, a payment that is more than 30 days late can reduce your credit score by up to 100 points. If your score is already low, it will have less of an impact but will still cause damage.

Most experts advise keeping your total credit card utilization under 30%. Lower credit utilization rates indicate to creditors that you can use credit responsibly without overusing it, so a low credit utilization rate may be associated with higher credit scores.

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When shopping for tires, it is important to consider factors such as tire size, type, and brand, as well as the warranty and cost.

Part One:

When shopping for tires, it is important to consider factors such as tire size, type, and brand, as well as the warranty and cost. One can gather information about tires by making phone calls to tire stores, talking to experts, reading reviews, or doing keyword searches on the internet. Comparison websites like TireRack.com or ConsumerReports.org can also help in comparing different tire brands and models. In addition, one can also consider visiting a tire store in person to get a feel for the tires and to ask the staff for advice. By taking these steps, one can make an informed decision and select the best tires for their vehicle and budget.

Part Two:

The PACED decision-making model consists of five steps: Problem, Alternatives, Criteria, Evaluation, and Decision.

Problem: Ray needs to purchase new tires for his 2006 Honda Accord that come with a three-year or 30,000-mile warranty and fit within his $500 budget.

Alternatives: Ray can consider different tire brands and models that meet his requirements. For instance, he can choose from all-season, summer, or winter tires, depending on his driving needs and climate. After researching different options, Ray has narrowed down his choices to the Michelin Defender T+H, Continental TrueContact Tour, and Goodyear Assurance WeatherReady tires.

Criteria: To evaluate these alternatives, Ray should consider criteria such as the tire's performance in wet and dry conditions, its durability, noise level, ride comfort, and fuel efficiency. He can also compare the price and warranty offered by each brand.

Evaluation: Based on his criteria, Ray can evaluate each tire option and assign a score to them. For example, he can give a score of 1-5 for each criterion and tally up the scores for each tire. This will help him see which tire meets his needs the best.

Decision: After evaluating each tire option, Ray can make a decision and choose the tire that received the highest score. In this case, the Michelin Defender T+H received the highest score based on Ray's criteria, and he decides to purchase them.

Part Three:

Dear [Company Name],

My name is Ray, and I am writing to you to express my disappointment with the service I received from your store in relation to the purchase of your [Tire Brand and Model]. On [Date], I purchased four of your tires for my 2006 Honda Accord at your store located in [Location]. I was assured by the salesperson that these tires were of high quality and came with a three-year or 30,000-mile warranty.

However, after only two months of use, I noticed that the tread started to pull away from one of the tires. I immediately contacted the store where I purchased the tires and was informed that they no longer carry that specific tire model. I spoke with the manager of the store, but unfortunately, I was not able to get a satisfactory solution. This has left me feeling frustrated and disappointed with the level of customer service I received.

I am writing to request that you replace the defective tire as soon as possible. I believe that this is not only fair but also necessary for the safety of my vehicle and other drivers on the road. I can be reached at [Contact Information] if you require any further information or clarification.

I hope that you will take swift action to address this issue and restore my faith in your company. Thank you for your time and attention to this matter.

Sincerely,

[Your Name]

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Answer:B) 15k

Explanation:

Common reasons for crashing a project include unrealistic deadlines and inadequate resource allocation. These factors can lead to poor planning and execution, resulting in project crashes.

Unrealistic Deadlines: Setting unrealistic deadlines is a common reason for project crashes. When project managers establish tight and impractical timelines without considering the complexity of the project or the availability of resources, it puts immense pressure on the team and increases the likelihood of failure. For example, if a software development project is assigned an unreasonably short timeframe for completion, the development team may have to rush through the coding and testing phases, compromising the quality of the final product and leading to project failure.

Inadequate Resource Allocation: Another reason for project crashes is insufficient resource allocation. When a project lacks the necessary budget, skilled personnel, or essential tools and equipment, it hampers the team's ability to deliver the desired outcomes. For instance, if a construction project is undertaken without allocating enough funds for high-quality materials or experienced workers, it can result in delays, compromised safety, and overall project failure.

By identifying these common reasons for project crashes, project managers can focus on realistic planning, effective resource management, and proper risk assessment to minimize the chances of project failure.

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The categorical variables in the dataset are the names of the video games.

In the given dataset, the variable representing the names of the video games is a categorical variable.

Categorical variables are qualitative in nature and represent distinct categories or groups. In this case, each video game name is unique and does not possess any numerical value or magnitude.

These names cannot be ordered or measured on a continuous scale. Categorical variables are often used to classify or categorize data based on certain attributes or characteristics.

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The Rentro Corporation will report a loss of $1,120,000 on the redemption of the bonds on January 1, 2021.

On December 31, 2020, Rentro Corporation had the following balances on its books: Bonds Payable of $7,000,000, Discount on Bonds Payable of $980,000, and Interest Payable of $168,000. If the bonds are retired on January 1, 2021, at 102, we will need to determine the gain or loss on the redemption.

First, we need to calculate the carrying value of the bonds. This is done by subtracting the Discount on Bonds Payable from the Bonds Payable:

Carrying value = Bonds Payable - Discount on Bonds Payable

Carrying value = $7,000,000 - $980,000

Carrying value = $6,020,000

Next, we need to calculate the redemption price, which is the percentage of the Bonds Payable:

Redemption price = Bonds Payable × 102%

Redemption price = $7,000,000 × 1.02

Redemption price = $7,140,000

Now, we can calculate the gain or loss on the redemption by comparing the carrying value to the redemption price:

Gain or loss = Redemption price - Carrying value

Gain or loss = $7,140,000 - $6,020,000

Gain or loss = $1,120,000

Since the redemption price is higher than the carrying value, Rentro Corporation will report a loss of $1,120,000 on the redemption of the bonds on January 1, 2021.

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Answer:

A partnership.

Explanation:

In a partnership you are a part owner of a business, but you share responsibility.

The integration of 20th Century Fox into Disney's stable of brands is a good example of an acquisition.

This is because Disney acquired 20th Century Fox by purchasing its assets and incorporating them into its own portfolio of brands.

The acquisition involved a long process of negotiations, due diligence, and regulatory approvals.

Acquisitions are a common strategy used by companies to expand their business, increase market share, or diversify their product offerings.

They can be complex and require careful consideration of financial, legal, and strategic factors before a deal is finalized.

Overall, the acquisition of 20th Century Fox was a significant move for Disney and is expected to have a major impact on the entertainment industry in the years to come.

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Answer:

down payment

Explanation:

A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.

Answer:

down payment

Explanation:

Advantages and Disadvantages of Judicial Precedents in the Legal System:

Advantages:  Certainty and Predictability: Judicial precedents provide a level of certainty and predictability in the legal system.

Legal system. By following established precedents, individuals can have reasonable expectations of how similar cases will be decided, promoting consistency and fairness.

Efficiency: Precedents streamline the legal process by providing guidance to judges and legal professionals. Instead of starting from scratch with every case, judges can rely on previous decisions, saving time and resources.

Flexibility and Adaptability: The doctrine of judicial precedents allows the law to evolve and adapt to changing circumstances and societal values. Courts can modify or overrule previous decisions when justified by new legal principles or changed societal norms.

Disadvantages:

Rigidity: The reliance on precedents can result in a rigid legal system. Precedents may restrict judges from considering unique circumstances or making decisions based on justice and equity. This can lead to outcomes that are perceived as unjust or outdated.

Inconsistencies: Precedents are not always consistent, as different judges may interpret and apply them differently. Inconsistencies can create confusion and undermine the goal of fairness and predictability.

Stare Decisis: The principle of stare decisis, which requires lower courts to follow binding precedents, can limit the ability of judges to make independent decisions and adapt the law to changing circumstances. It may hinder the development of the law in certain situations.

a. In the High Courts of Malaysia, the rule of judicial precedents is applied through the doctrine of stare decisis. The decisions of the High Court of Malaya and the High Court of Sabah and Sarawak are binding on the lower courts within their respective jurisdictions. This means that the lower courts must follow and apply the legal principles established by these High Courts when deciding similar cases. This promotes consistency and ensures uniformity in the application of the law within each jurisdiction.

b. Judges in lower courts can overcome the doctrine of binding judicial precedents through two main methods:

i. Distinguishing: Judges can distinguish the facts and circumstances of the current case from the binding precedent. If the facts are sufficiently different, the judge may not be obligated to follow the precedent and can reach a different decision.

ii. Overruling: Judges can also overcome binding precedents by overruling them. Overruling occurs when a higher court overturns or invalidates a previous decision made by a lower court. This can happen when new legal principles or a change in societal values warrant a different interpretation or application of the law.

c. The need for statutory law exists alongside the doctrine of judicial precedents for several reasons:

i. Legal Gaps: Statutory law fills gaps in the common law system where there is no binding precedent. It allows for the creation of new laws or the amendment of existing laws to address emerging issues or societal needs.

ii. Legislative Intent: Statutory law reflects the intent of the legislature, providing a clear expression of the law's purpose and objectives. Judicial precedents, on the other hand, are interpretations and applications of the law by judges, which may not always align with legislative intent.

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Answer:

$5,000

Explanation:

The Equation  (A = L + OE) is the accounting equation that guides in preparing a balance sheet. The equation in full is

Assets = Liabilities + Owners Equity.

In this case

Assets = $10,000 , liabilities = $5,000, equity = ?

$10,000 = $5000 + Equity

Equity = $10,000 - $5,000

Equity = $5,000

Answer:

Explanation:

Hi

The price-level effect is regarded as a situation in which the purchasing power of the customer of its total accumulated savings balances.

Price level refers to an amount for which a certain product is available for sale. It is assumed that the savings of the consumer who is willing to buy does NOT change in the meanwhile.

If the price level of a product decreases, the net disposable income in the hands of a consumer will ultimately increase. Similarly, when the price level is higher, the net disposable income in the hands of the consumer is reduced, leading to a decrease in its purchasing power.

For example, when the savings of a person is 100 and the Product A costs 50 the consumer buys 2 units; When the prices are increased to 100, now the consumer can buy only 1 unit of Product A, indicating a decrease in the purchasing power of the person.

Hence, the price level effect is when the higher price level reduces the purchasing power of the public's savings.

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Each scenario should be matched to the factors that affect the labor market as follows:

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

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Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

__________________________________________________________

This is 100% right because I took the test

Go to explanation for picture with answers

l

l

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Explanation:

Here's the picture and I hope this helped!

Have a nice day!