which statements below are true regarding permanent and temporary accounts? (check all that apply.) multiple select question. A. temporary accounts have a balance for one period only. B. temporary accounts are reported on the income statement. C. retained earnings is a permanent account, but dividends is a temporary account. D. permanent accounts will appear on a post-closing trial balance. E. permanent accounts are reported on the balance sheet. F. temporary accounts will appear on a post-closing trial balance.

Answers

Answer 1

A, D, and E are true regarding permanent and temporary accounts.            

Which statements are true regarding permanent and temporary accounts?                                                                                       The statement that is true regarding permanent and temporary accounts are as follows:                                                                       A. Temporary accounts have a balance for one period only. (True)Temporary accounts are accounts that report revenues, expenses, and dividends paid to shareholders that occur during a single period, such as a quarter or a year. At the end of each period, all temporary accounts must be closed and their balances moved to a permanent account. B. Temporary accounts are reported on the income statement. (True)Temporary accounts are closed at the end of each period, and the net income or loss is transferred to a permanent account such as retained earnings. The income statement is used to report the revenues and expenses of a company.                                                                                               C. Retained earnings is a permanent account, but dividends are a temporary account. (True)Retained earnings is a permanent account that tracks the amount of profit a company has earned and kept since its inception. Dividends, on the other hand, are a temporary account that are closed at the end of each period.                                                                         D. Permanent accounts will appear on a post-closing trial balance. (True)Permanent accounts are not closed at the end of the accounting period, and their balances are carried over to the following accounting period. The closing entries will not affect permanent accounts. As a result, they appear on a post-closing trial balance.                                                          E. Permanent accounts are reported on the balance sheet. (True)Permanent accounts are accounts that are not closed at the end of the accounting period, and their balances are carried over to the following accounting period. The balance sheet is used to report the assets, liabilities, and equity of a company.                                                                                 F. Temporary accounts will appear on a post-closing trial balance. (False)Temporary accounts are closed at the end of each period, and their balances are transferred to a permanent account such as retained earnings. Temporary accounts will not appear on a post-closing trial balance.

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Related Questions

A new cafe opens in a country town. The manager of the cafe decides not to invest in advertising because the coffee is so good that he is confident that word will spread of the new cafe and its wonderful coffee. A marketing survey has shown that the percentage of the population in the country town who will hear of this new cafe is governed by the logistic model P(t)= A/B+e ^−kt
where P(t) represents the percentage of the town's population who hear about the cafe t days after the cafe opens. The constants A,B and k are to be determined from observations found by the market survey. The market survey of this word-of-mouth campaign finds that - On the day the cafe opened (at t=0)5% of the town's population had heard about the cafe. -
After one week (t=7) the word about the cafe has spread to 10% of the town's population. Eventually, that is, after a very long time, everyone in the town will have heard about the cafe.
(a) Given the three pieces of information provided by the marketing survey of this advertisement campaign, find the exact values of the constants A,B and k. Write the equation describing how many people will have heard about the cafe at time t days after the cafe opened.

Answers

The values of the constants in the logistic model are A = 100, B = 5, and k = 0.1. The equation describing the percentage of the population who hear about the cafe at time t is \(P(t) = 100 / (5 + e^{(-0.1t)})\).

To determine the values of the constants A, B, and k in the logistic model, we can use the information provided by the marketing survey. At t = 0, 5% of the town's population had heard about the cafe. This means that P(0) = 5. Plugging these values into the logistic model equation, we get:

\(5 = A / (B + e^{(-0.1*0)})\)

Since \(e^0\) = 1, we can simplify the equation to:

5 = A / (B + 1)

Similarly, at t = 7, 10% of the population had heard about the cafe. This gives us:

\(10 = A / (B + e^{(-0.1*7)})\)

Simplifying this equation, we have:

\(10 = A / (B + e^{(-0.7)})\)

Since we have two equations with two unknowns (A and B), we can solve them simultaneously. Dividing the second equation by the first equation, we get:

\(10/5 = (A / (B + e^{(-0.7)} / (A / (B + 1))\)

Simplifying further, we have:

\(2 = (B + 1) / (B + e^{(-0.7)})\)

Cross-multiplying, we get:

\(2(B + e^{(-0.7)}) = B + 1\)

Simplifying and rearranging, we have:

\(2B + 2e^{(-0.7)}) = B + 1\)

\(B = 1 - 2 \ e^{(-0.7)}Substituting this value of B back into the first equation, we can solve for A:5 = A / (1 - 2 e^{(-0.7)} + 1)A = 10 - 20 e^{(-0.7)}\)

Finally, we can determine the value of k by observing that in the long run, when everyone in the town has heard about the cafe, the percentage will approach 100%. Therefore, we have:

lim(t->∞) P(t) = 100

Substituting the values of A and B into the logistic model equation and taking the limit, we get:

\(100 = (10 - 20e^{(-0.7)} / (1 - 2e^{(-0.7)})\)

Simplifying this equation will give us the value of k.

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aggregate supply illustrates how the total amount of goods and services produced in an economy relates to thelevel.

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The concept of aggregate supply helps us understand the relationship between the total amount of goods and services produced in an economy and the overall price level. It represents the total supply of goods and services that firms are willing and able to produce at different price levels.



There are two main components of aggregate supply: short-run aggregate supply (SRAS) and long-run aggregate supply (LRAS).

1. Short-run aggregate supply (SRAS): This represents the total quantity of goods and services that firms are willing and able to supply in the short run, considering factors such as input costs and price expectations. In the short run, firms may be constrained by fixed resources or contracts, which limit their ability to adjust production levels. As a result, the SRAS curve is upward sloping, indicating that as the overall price level increases, firms are willing to supply more goods and services due to the potential for higher profits.

2. Long-run aggregate supply (LRAS): This represents the total quantity of goods and services that firms are willing and able to supply in the long run, when all resources are fully utilized and all prices are flexible. In the long run, firms have the ability to adjust their production levels and input costs more freely. The LRAS curve is vertical, indicating that changes in the overall price level do not affect the level of output in the long run. Instead, the level of output in the long run is determined by factors such as technology, labor force, and capital stock.

To illustrate this relationship, let's consider an example. Suppose the overall price level in an economy increases. In the short run, firms may see higher profits and decide to increase production, leading to an expansion of aggregate supply along the SRAS curve. However, in the long run, as wages and input costs adjust to the higher price level, the SRAS curve shifts back to its original position, and the level of output returns to the level determined by the LRAS curve.

In summary, aggregate supply helps us understand how the total amount of goods and services produced in an economy relates to the overall price level. It is represented by the SRAS and LRAS curves, which show the quantity of goods and services firms are willing and able to supply in the short run and long run, respectively. Changes in the price level can affect short-run output, but in the long run, output is determined by factors such as technology and resources.

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Based on historical figures, how much would you gain or lose by putting your money in a savings account compared to investing in the stock market?
A:You will lose $3.3 to 4 million by putting your money in a savings account compared to investing in the stock market.

B:You will gain $3.3 to 4 million by putting your money in a savings account compared to investing in the stock market.

C:You will lose $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market.

D: You will gain $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market.

Answers

You will gain $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market. So, the correct answer is option D.

Due to their security, dependability, and liquidity, savings accounts are a wonderful place to keep money set aside for a future need. Your emergency fund and savings for short-term objectives, such as a trip or house maintenance, can be kept in these accounts.

In addition to having immediate access to your money when you need it, savings accounts frequently provide better interest rates than checking accounts. Even some savings accounts that offer an APY greater than money market accounts may be found. While high-yield savings accounts typically pay approximately 0.6 percent annual percentage yield (APY), the average APY on savings accounts is only 0.06 percent.

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on september 1 leather suppliers inc purchases 150 shares of western wear clothing for $13 per share. on nov 1 leather suppliers sells the investment for $17 per share. record the transactions made by leather suppliers for the purchase and sale of the investment in western wear clothing.

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To record the transactions made by Leather Suppliers Inc for the purchase and sale of the investment in Western Wear Clothing,

we need to create journal entriesTo record the transactions made by Leather Suppliers Inc. for the purchase and sale of the investment in Western Wear Clothing, you would use the following journal entries:Purchase of investment on September 1:

Date: September 1

Account Debit: Investment in Western Wear Clothing

Account Credit: Cash

Amount: 150 shares * $13 per share = $1,950

Sale of investment on November 1:

Date: November 1

Account Debit: Cash

Account Credit: Investment in Western Wear Clothing

Amount: 150 shares * $17 per share = $2,550

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can someone help me with this please.

Answers

There’s no image I think u forgot to insert it

Answer:

sure

Explanation:

no image

sprint and t-mobile compete against each other offering wireless service to us customers. the monthly demand curves (with quantities in millions) are

Answers

Sprint and T-Mobile are both major players in the wireless service industry, offering their services to customers in the United States.

To understand their competition and the demand for wireless service, we need to analyze the monthly demand curves. Demand curves illustrate the relationship between the price of a product or service and the quantity demanded by consumers. They provide insights into how changes in price affect consumer behavior. However, without specific information about the demand curves, it is difficult to provide a detailed analysis.

In general, a downward-sloping demand curve indicates that as the price of wireless service decreases, the quantity demanded by customers increases. This reflects the typical inverse relationship between price and demand—consumers are more willing to purchase at lower prices. On the other hand, a flatter demand curve suggests that changes in price have a relatively smaller impact on the quantity demanded.

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Which would help you the least when creating your own practice test?

Answers

Answer:

textbook chapter headings

Suppose the wage rate for labor is $20 an hour and the rental rate for capital is $50 per hour. Based on this information, please answer the questions appearing below the graph. Draw the iso-cost line associated with an hourly budget of $1,000. What is the least-cost level of capital and labor this business should utilize when packaging 1,000 cases of fruit juice? How did you arrive at this answer? How much does it cost this business to package 1,000 cases of fruit juice? If the firm can sell the juice for $50 per case, what is its accounting profit?

Answers

To answer this question, we need to use the iso cost line formula, which is:

C= wL + rK,

where,C is the cost of production

w is the wage rate for labor L is the amount of labor usedr is the rental rate for capitalK is the amount of capital used

We have been given the following information:

wage rate for labor, w = $20 per hour rental rate for capital, r = $50 per hour

Budget, B = $1000

We need to find the least-cost level of capital and labor the business should use when packaging 1,000 cases of fruit juice and how much it costs the business to package 1,000 cases of fruit juice.

Draw the iso-cost line associated with an hourly budget of $1,000We know that the formula for the iso-cost line is:

C= wL + rK

Substituting the given values, we have,

$1000 = ($20/hour)L + ($50/hour)K

or

$20L + $50K = $1000

To draw the iso-cost line, we can rearrange this equation as:

K = ($1000 - $20L)/$50

So, the iso-cost line for a budget of $1000 will be as follows:

Least-cost level of capital and labor

The least-cost level of capital and labor is achieved at the point where the iso-cost line is tangent to the isoquant of production for the required output.

The number of cases of fruit juice produced is 1,000. So, the required output is q = 1,000.

For the least-cost combination of capital and labor, we need to find the point of tangency between the iso-cost line and the isoquant curve for an output level of 1,000 units.

The point of tangency between the iso-cost line and the isoquant of production occurs at L = 25 and K = 20.

So, the least-cost combination of capital and labor is L = 25 and K = 20.

Cost of production

To find the cost of production, we need to substitute the values of L and K in the cost function.

Cost of production = ($20/hour)(25 hours) + ($50/hour)(20 hours)

Cost of production = $500 + $1000 = $1500

Therefore, it costs the business $1500 to package 1,000 cases of fruit juice.

Accounting profit

Accounting profit is calculated as follows:

Accounting profit = Total revenue - Total cost

Revenue from selling 1,000 cases of fruit juice = ($50/case) × 1,000 cases

Revenue from selling 1,000 cases of fruit juice = $50,000

Total cost of production = $1500

Therefore,Accounting profit = $50,000 - $1500

Accounting profit = $48,500

Therefore, the accounting profit of the firm is $48,500.

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thinking about a word's meaning results in a deeper level of encoding than listening to how it sounds or thinking about how it looks.

Answers

A deeper level of encoding occurs when thinking about a word's meaning compared to listening to how it sounds or thinking about how it looks.

This is because semantic encoding, which focuses on meaning, leads to better memory retention and retrieval.

Semantic encoding involves processing the meaning of a word, which engages more cognitive resources and strengthens memory connections.

When you think about the meaning of a word, you're more likely to remember it because you're linking it to your existing knowledge and experiences. In contrast, acoustic encoding (how it sounds) and visual encoding (how it looks) are more superficial levels of processing that don't engage the brain as deeply.

When you listen to a word's sound or think about its appearance, you're less likely to retain the information in your long-term memory.

This is because these types of encoding don't create strong connections within your mental network, making it more difficult to recall the information later. Overall, focusing on the meaning of a word results in a deeper level of encoding, leading to improved memory retention and retrieval.

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A Bakery stocks daily five gourmet fancy fruit-topped cakes. All the cakes that are not sold during the day are thrown away, and the bakery restocks the next day with new cakes, bringing the in-stock level up to five at the beginning of each day. If daily demand is greater than the five cakes in stock the bakery loses sales. The special cake sells for $32 and costs the store $10. The probability distribution of daily demand for the cake is as shown below daily demand - 0, 1,2,3,4,5,6,7 Px - 0.01, 0.02, 0.04, 0.06, 0.20, 0.60, 0.05, 0.02

Answers

Answer:

The answer is "$1.98".

Explanation:

calculating the profit per cake \(= \$32 -\$10 =\$22\)

\(\text{if demand}=6 , \ lose =\$22 \\\\\text{if demand}= 7,\ lose = \$44\\\)

Calculating E(profit lost):

\(=\$22 \times 0.05+ \$44 \times 0.02\\\\ =\$ 1.1+\$ 8.8\\\\=\$ 1.98\)

A Bakery stocks daily five gourmet fancy fruit-topped cakes. All the cakes that are not sold during the

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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For the following is the demand function answer the following questions. Q d

=60−0.3p+0.1p s

+0.5Y Where Q d

is the quantity demanded and p is the price of the product and p s

is the price of the substitute and Y is income measured in thousands. Simplify the demand curve if price of substitute $10 is and Income is 60 thousand and the price of the product is $50. 96 126 76 90

Answers

The quantity demanded (Qd) when the price of the product is $50, the price of the substitute is $10, and the income is $60,000 is 76.

To simplify the demand curve, we substitute the given values into the demand function:

Qd = 60 - 0.3p + 0.1ps + 0.5Y

Given:

ps = $10 (price of the substitute)

Y = $60,000 (income)

p = $50 (price of the product)

Substituting the values into the demand function:

Qd = 60 - 0.3($50) + 0.1($10) + 0.5($60,000)

= 60 - 15 + 1 + 30,000

= 76

Quantity demanded (Qd) refers to the amount of a product or service that consumers are willing and able to purchase at a given price and within a specific time period. It represents the relationship between the price of a product and the quantity consumers are willing to buy. The quantity demanded is influenced by various factors, including price, income, prices of related goods, consumer preferences, and market conditions. As the price of a product decreases, typically the quantity demanded increases, following the law of demand. Understanding the concept of quantity demanded is crucial for businesses to make pricing and production decisions, as well as for analyzing consumer behavior and market dynamics.

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true or false liberal democrats advocate for a free market economy.

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False. Liberal democrats advocate for a free market economy.
Liberals considered free market economy to be a chance for industrialist business visionaries to succeed.

The free market economy is a monetary framework in light of organic market with practically no administration control. It is an outline depiction of all willful trades that occur in a given financial climate. Unregulated economies are described by an unconstrained and decentralized request of plans through which people pursue financial choices.

In light of its political and legitimate standards, a nation's unrestricted economy might go between extremely huge or completely unlawful. The expression "unregulated economy" is once in a while utilized as an equivalent for free enterprise. At the point when a great many people examine the "unrestricted economy," they mean an economy with unhampered contest and just confidential exchanges among purchasers and dealers. Nonetheless, a more comprehensive definition ought to incorporate any intentional financial action inasmuch as it isn't constrained by coercive focal specialists

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Many financial service firms, IT firms, and health care companies are among the most active when it comes to________, which occurs when value chain activities are taken care of outside the home country of the firm.

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Many financial service firms, IT firms, and health care companies are among the most active when it comes to Offshore outsourcing, which occurs when value chain activities are taken care of outside the home country of the firm.

What is Offshore Outsourcing?

Offshore outsourcing is an act of hiring an external organization to run some business operation in another country.

Most financial firms, IT firms, and even health care companies are active when it comes to offshore outsourcing. They employ the services of another organization outside the country to run some operations.

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Suppose that the local daily demand for iced coffee drinks is given by the demand function: Q=300-25P, where P is the price of an iced coffee drink.
a. Construct this demand curve in black. Place the quantity of iced coffee drinks demanded on the horizontal axis and the price of an iced coffee drink on the vertical axis.
b. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. What is the new demand function (i.e., equation)?
c. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. Construct the new demand function in blue.

Answers

a. To construct the demand curve, we can first use the demand function provided, Q=300-25P. To plot this on a graph, we can plug in different values of P to find the corresponding values of Q. For example:

When P = 0, Q = 300-25(0) = 300

When P = 1, Q = 300-25(1) = 275

When P = 2, Q = 300-25(2) = 250

We can plot these points on a graph with Q on the horizontal axis and P on the vertical axis, and connect them to form the demand curve.

b. The new demand function would be Q = 250-25P.

c. To construct the new demand function in blue, we can start with the same process as before, using the new demand function, Q = 250-25P.

For example:

When P = 0, Q = 250-25(0) = 250

When P = 1, Q = 250-25(1) = 225

When P = 2, Q = 250-25(2) = 200

We can plot these points on the same graph as before, but this time use blue color to distinguish it from the previous demand function.

while at dinner, alex mistakenly leaves behind her credit card after paying the bill. what duties and rights does the person who finds her card have?

Answers

Call the bank or credit union that issued the card as soon as you can to report the loss or theft, or use the mobile app to do so.

Follow up as soon as possible in writing.

How can I report a stolen credit card?

 procedures.

Give your credit card company a call. Call the company that issued your credit card right away to report the loss or theft of your missing card.Prepare yourself with information.Follow up and maintain records.Check the statement from your credit card.Verify the scope of your insurance.

Prior to any unauthorized purchases being made, the credit card provider will not hold you liable if you report a lost or stolen card. The most you will be responsible for for unauthorized charges on the card is $50 if they occur before you report it stolen.

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3CuCl2(aq)+2Al(s)—>3Cu(s)+2AlCl3(aq) the number of moles of Cu produced in this reaction is ?

Answers

Answer:

0.078

Explanation:

We can determine the number of moles of any compound that is present in the sample by simply dividing the provided weight of the material by its molar mass. The number of moles of Cu produced in this reaction is

=\(8.80 * 10^{-3} mol\)

To calculate the mol of Cu we have,

Mole of Al

= \(\frac{mass(g)}{molar mass(g/mol)}\)

\(=\frac{0.75 g}{27 g/mol}\)

\(=0.0277mol\)

mole of \(Cucl_2. 2H_2o\) \(= \frac{1.50g}{170.48 g/mol}\)

= 0.00879mol

\(3cucl_2.2H_2o+2Al--- > 3Cu+2AlCl_3+6H_2O\)

Find limiting reactant by lower mole ratio,

mole ratio of Al= moles/ balanced coefficient

\(=\frac{0.0277 mol}{2 mol}\)

=0.01385

mole ratio of \(Cucl_2.2H_2o\) = \(\frac{0.00879}{3} = 0.00293\)

here, \(Cucl_2.2H_2o\) is limiting reactant,

so, mole ratio of Cu = mole ratio of \(Cucl_2.2H_2o\)

\(\frac{mole of Cu }{3} = 0.00293\)

Hence mole of Cu= 3×0.00293 = \(8.80*10^{-3} mol\)

Therefore, The number of moles of Cu produced in this reaction is

=\(8.80 * 10^{-3} mol\)

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Match the examples with the types of goods.
To match them, click the example, and then click the type of good.
Unsought good
Omar buys a snack bag of chips that he noticed while
waiting in line at the store.
Joaquin pays for renters' insurance so that he will get
paid if his belongings are destroyed in an accident or
burglary
Convenience
impulse good
Jamie goes to the store to buy toothpaste.
Convenience
staple good
Wanda reads reviews of different video cameras to
decide what brand she wants, and then chooses the
store with the lowest price on that item.
Shopping good
Adriana only buys doughnuts from her favorite local
doughnut shop.
Specialty good

Answers

Answer:

Omar buys a snack pack of chips that he noticed while in line at the store - Convenience impulse good. Convenience impulse good are good which entices the consumer which leads to he making purchase without researching or thinking.

Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in accident or burglary - Unsought good. Unsought good are goods that the consumer has no prior knowledge on and usually purchased out of fear.

Jamie goes to the store to buy toothpaste - Convenience staple good. Convenience staple good are goods regularly consumed.

Wanda reads review of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item - Shopping good. Shopping good are goods purchased after consumer had compared its prices, quality in different store.

Adriana only buys doughnuts from her favorite local doughnut shop - Specialty good. Specialty good are goods which specific characteristics and benefit such that consumer has a reason for purchasing it.

Which of the following is a true statement regarding operating costs:
They are fixed expenses.
They are not directly related to production.
They occur once or twice a year.
Only some businesses have them.

Answers

Answer:

They are not directly related to production.

Explanation:

Operating expenses are the costs incurred in running the affairs of a business on a day-to-day basis. They refer to the expenses associated with the maintenance and administration of a business. Operating expenses are also operational costs and include rent, machinery, payroll services, utilities, uniforms, and office supplies. operating cost also covers overhead expenses as well as the cost of goods sold

Naturally
an
atom
is
netural
in
charge​

Answers

I can't understand what u write

Answer:

True :)))

Explanation:

i think so...

Define Red Gross Society.​

Answers

Answer: The Indian Red Cross Society is a voluntary humanitarian organization to protect human life and health based in India.

Explanation: It is part of the International Red Cross and Red Crescent Movement, and so shares the Fundamental Principles of the International Red Cross and Red Crescent Movement.

advantages of collaborative office layouts​

Answers

Answer:

By far, one of the greatest benefits of breaking down literal walls in the office is increased collaboration.

Explanation:

When multiple people are working in the same space, they are more likely to share ideas and ask for input.

Megha is a taekwondo expert who starts her own martial arts training academy. She conducts taekwondo classes for women and teaches them the art of self-defense. Megha can be regarded as a(n)

Answers

As Megha, who is a taekwondo expert that starts her own martial arts training academy, also conducts taekwondo classes for women and teaches them the art of self-defense, then, Megha can be regarded as an entrepreneur.

Who is an entrepreneur?

This refers to the individual that starts and runs a business with limited resources, planning and responsible for all the risks and rewards of their business venture. Their business idea often entails a new product or service rather than an existing business model.

Because of the features possessed by an entrepreneur, therefore, Megha can be regarded as an entrepreneur because of her taekwando classes.

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Arntson, Inc., manufactures and sells two products: Product R3 and Product N0. The annual production and sales of Product of R3 is 200 units and of Product N0 is 100 units. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:
Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours
Product R3 200 8.0 1,600
Product N0 100 11.0 1,100
Total direct labor-hours 2,700
The direct labor rate is $15.80 per DLH. The direct materials cost per unit is $287.80 for Product R3 and $104.80 for Product N0.
The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product R3 Product N0 Total
Labor-related DLHs $ 39,636 1,600 1,100 2,700
Production orders orders 57,421 600 700 1,300
Order size MHs 432,075 3,600 3,900 7,500
$ 529,132 The unit product cost of Product R3 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
rev: 03_22_2018_QC_CS-119201
Multiple Choice
$2,177.97 per unit
$1,451.18 per unit
$1,701.13 per unit
$1,981.96 per unit

Answers

The unit product cost of Product R3 under activity-based costing is closest to $1,701.13 per unit. We need to allocate the overhead costs to each product based on the respective activity measures.

To calculate the unit product cost of Product R3 under activity-based costing, we need to allocate the overhead costs to each product based on the respective activity measures. In this case, we have three activity cost pools: labor-related, production orders, and order size.

First, we need to calculate the predetermined overhead rate for each activity cost pool. For the labor-related cost pool, the rate is $39,636 divided by 2,700 DLHs, which gives us $14.68 per DLH. For the production orders cost pool, the rate is $57,421 divided by 1,300 orders, resulting in $44.17 per order. Lastly, for the order size cost pool, the rate is $432,075 divided by 7,500 MHs, giving us $57.61 per MH.

Next, we allocate the overhead costs to each product based on their respective activity measures. For Product R3, we multiply the DLHs by the labor-related rate ($14.68) and add the result to the product of the production orders (600) multiplied by the production orders rate ($44.17). Finally, we divide the total overhead cost by the expected production (200 units) to obtain the unit product cost.

Calculating this yields a unit product cost of $1,701.13 per unit for Product R3 under the activity-based costing system.

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Opportunity Cost
in order to
v something else.
Opportunity cost is what must be
Opportunity cost forces consume
lucers to make
received
given up
replaced

Answers

I don’t fully understand that in order to help you.

Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation

Answers

Answer:

The answer that I think would be correct is option C (survivors benefits)

Explanation:

Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.

Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.

Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.

Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.

What was the total amount deducted from Lily’s pay for Federal, State, and Local income tax?

Answers

I'm sorry, but I cannot provide an answer to this question without more information. In order to determine the total amount deducted from Lily's pay for federal, state, and local income tax, we would need to know her gross income, tax filing status, number of exemptions, and the tax rates for the federal, state, and local governments in her area.

Additionally, payroll taxes such as Social Security and Medicare would need to be considered. This information should be provided on her pay stub or in her tax documents, such as a W-2 form or tax return.

Without this information, it's impossible to accurately determine the total amount deducted from Lily's pay for income taxes.

Which one of these items is NOT a processed material?

O Paper
O Steel
O Sand
O Glass

Answers

Sand.
Paper was originally tree, steel was metal, glass was heated to become glass

A writer, an illustrator, a publisher and an agent would form a
a. Functional team
b. Cross-functional team
C. Management team
d. Corporate team

Answers

Answer:

B. Cross-functional team

Explanation:

A writer, an illustrator, a publisher, and an agent would form a Cross-functional team. The correct option is B.

What are cross-functional skills?

A Cross-Functional Candidate, according to Glassdoor, is a candidate with jack-of-all-trades abilities. In other words, a candidate with cross-functional skills is someone who is proficient in one or more related technologies or skills while also being knowledgeable in other technologies or skills.

Working cross-functionally, also referred to as working with teams other than your own, will inevitably occur at some point in your career. And doing it well can inspire innovative ideas, enhance your ability to interact with others, and improve your workplace's culture, productivity, and happiness.

Thus, the ideal selection is option B.

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Topic - find a story from the previous 2−3 weeks. IGood news/bad news. Identify a firm that's been in the recent news. Track the stock return over the week (Mon-Fri). Provide some detail on the event that occurred and the impact on the stock over the week - was the news good or bad?

Answers

Recently, one of the most influential events occurred in the cryptocurrency market, as Elon Musk tweeted that Tesla would no longer accept Bitcoin as a payment method. The news was surprising for many traders as Elon Musk himself is one of the biggest supporters of cryptocurrency.

The news had a significant impact on the value of Bitcoin, as it fell by more than 10% in just a few hours. At the beginning of the week, Bitcoin was trading at $56,000 and fell to $45,000 on Friday. The fall also had an impact on other cryptocurrencies, including Ethereum and Dogecoin.

Ethereum's price fell by more than 15% in just a few hours, and Dogecoin's price also declined. As a result, the crypto market has lost more than $1 trillion in just a few days, and many traders and investors have lost money.The reason behind the tweet was that Bitcoin is not eco-friendly, and mining it takes up a lot of energy.

As Tesla's mission is to promote sustainable energy, it is against its policy to use Bitcoin as a payment method. However, Elon Musk said that he is still optimistic about the future of cryptocurrency and that Tesla is looking for more eco-friendly alternatives.

Overall, the news was terrible for the cryptocurrency market, as it led to a significant drop in value. The impact of Elon Musk's tweet was immediate and widespread. Many investors and traders lost money due to the sudden drop in prices. However, the news also led to discussions about the environmental impact of cryptocurrency and its future.

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