Addison, a human resource intern, was given an assignment by her manager that meant she must obtain information from other departments to complete it, but some departments refused to share information with an intern. Addison was frustrated because she did not have the power to get the information she needed. In the context of this situation, Addison's manager made the mistake of

Answers

Answer 1

Explanation:

It is correct to say that Addison's manager made the mistake of delegating responsibility to an employee without adequate authority. In this case, the manager should acknowledge his mistake and formalize his request in the form of a signed memorandum so that the departments could provide the information he needed knowing that it had been requested by an authoritative employee, the trainee being only the transmitter of the information. manager's message.

Answer 2

People are often involved in different activities. In the context of this situation, Addison's manager made the mistake of delegating responsibility without adequate authority.

A person that has been given a particular role must make sure to finish or accomplishes the tasks given to him. When a tasks is not completed, it makes one to give explanations or excuses.

When Responsibility is without adequate authority, this can result to discontent and dissatisfaction among people..

When one delegate responsibility, do ensure that the person set is accountable and also empower them with the right measure of authority.

Learn more about delegating responsibility  fromhttps://brainly.com/question/648580


Related Questions

Imagine that David is preparing his will and is trying to decide how to divide his assets between his two grown children. His daughter, Tonya, is a chemical engineer who earns a high income. His son, Terry, opted out of college and went to work straight out of high school. Now Terry works in construction; he works just as hard as Tanya, but he is less affluent than she is.

Classify each example of possible ways David could divide his assets based on fairness and distribution.

a. Leave his money to the child whom he thinks deserves more money.
b. Leave his money to charity instead
c. Split his wealth evenly Terry and Tonya
d. Leave terry his entire wealth to offset the gap between him and his sister.
e. Tell his kids he will leave the money to whoever does the most to take care of him in his old age.

1. Fairness of equal outcomes
2. Fairness of equal opportunity
3. Fairness of process
4. Fairness of what is reserved or earned

Answers

Answer:

Fairness of Equal Outcomes: Split his wealth evenly between Terry and Tonya, Leave his money to charity instead.

Fairness of Equal Opportunity: Leave Terry his entire wealth to offset the gap between him and his sister.

Fairness of Process: Tell his kids he will leave the money to whoever does the most to take care of him in his old age.

Fairness of what is deserved or earned: Leave his money to the child whom he thinks deserves the most money.

crane company purchased aa depreciatble asset for $614000 on january 1, 2018. the estimated salvage value os $56000 and the estimated useful life is 9 years. the straight-line method is used for depreciztion. in 2021, crane changed its estimates to a total useful life of 5 years with a salvage value of $92000. what is 2021 depreciation expense

Answers

Answer:

$166,000

Explanation:

The computation of the 2021 depreciation expense is shown below:

Depreciation expense is

= (Cost - Salvage value) ÷ Useful life

= ($614,000 - $56,000) ÷ 9

= $62000/year

Now  book value as on 2021 is

= (Cost - Accumulated depreciation expense)

= $614,000 - (62000 × 3)

= $424000

Now revised depreciation expense is

= ($424,000 - $92,000) ÷ 2

= $166,000

Answer T or F to the following: _____ In general, job shop operations are larger than line flow operations. _____ In general, job shop operations use more general purpose equipment than line flow operations. _____ In general, job shop operations have higher variety of output than line flow operations. _____ In general, job shop operations have lower labour content than line flow operations. _____ In general, job shop operations are less flexible than line flow operations. _____ In general, job shop operations are more likely to measure their capacity by their outputs. _____ In general, job shop operations have less work in process inventory than line flow operations. _____ In general, job shop operations have higher skilled workers than line flow operations. _____ In general, job shop operations are less likely to compete on cost than line flow operations. _____ In general, job shop operations produce larger volume output than line flow operations.

Answers

Answer:

FalseTrueTrueFalseFalseFalseTrueTrueTrueFalse

Explanation:

False

This is because Job shop operations are smaller than line flow operations

True

This is because line flow operations require more specific more specific tools

True.

This is because high volume of a specific type of product

False

This is because in job shop the production of variety of products require a higher number of labor content

FALSE

Job shop operations are more flexible than line flow operations

FALSE

operations are measured by degree of customization in job shops

TRUE

Job shops are not usually involved in mass productions

TRUE

Job shops posses higher skilled labors because of the customization involved with job shops

TRUE

Line flow operations are more cost effective because they produce in large quantities

FALSE

There is mass production in lie flow operation

Ivan Knobel holds a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. He is in the process of buying 1,000 shares of Syngine Corp at $10 a share and adding it to his portfolio. Syngine has an expected return of 13.0% and a beta of 1.50. The total value of Ivan's current portfolio is $90,000. What will the expected return and beta on the portfolio be after the purchase of the Syngine stock? a. 11.76%; 1.29 b. 10.64%; 1.17 c. 12.97%; 1.42 d. 12.35%; 1.36 e. 11.20%; 1.23

Answers

Answer:

e. 11.20%; 1.23

Explanation:

The computation of the expected return and the beta is shown below

For expected return

= ($10,000 ÷ ($10,000 + $90,000) × 13%) + (0.9 × 11%)

= ($10,000 ÷ $100,000 × 13%) + (0.9 × 11%)

= (0.1 × 13%) + (0.9 × 11%)

= 11.20%

And, the beta is

=  ($10,000 ÷ 100,000 × 1.50) + ($90,000 ÷ 100,000 × 1.20 )

= 1.23

During 2017, Grambling Company purchased 10,000 shares of Southern Corp. common stock for $215,000 as a passive interest investment. The fair value of these shares was $289,000 at December 31, 2017. During 2018, Grambling sold all of the Southern stock for $226,000. Grambling Company should report a realized gain on the sale of stock in 2018 of:______.A. $25,000.
B. $26,000.
C. $11,000.
D. $37,000.

Answers

Answer:

C. $11,000

Explanation:

Calculation to determine what Grambling Company should report as a realized gain on the sale of stock in 2018

Using this formula

2018 Realized gain on the sale of stock =Selling price-Cost of securities

Let plug in the formula

2018 Realized gain on the sale of stock=

$226,000 -$215,000

2018 Realized gain on the sale of stock=$11,000

Therefore Grambling Company should report a realized gain on the sale of stock in 2018 of $11,000

what effect does a rise in fuel prices have on product prices​

Answers

Answer:

Rise in product prices

Explanation:

It becomes more expensive to produce and to transport the goods, so the product price will increase to make up for it.

You find a zero coupon bond with a par value of $10,000 and 24 years to maturity. The yield to maturity on this bond is 4.6 percent. Assume semiannual compounding periods. What is the price of the bond

Answers

Answer:

Zero-cupon bond= $3,357.14

Explanation:

Giving the following information:

Par value= $10,000

Number of years to maturity= 24*2= 48 semesters

YTM= 0.046/2= 0.023

To calculate the price of the bond, we need to use the following formula:

Zero-cupon bond= [face value/(1+i)^n]

Zero-cupon bond= [10,000 / (1.023^48)]

Zero-cupon bond= $3,357.14

The following materials standards have been established for a particular product at Zoom Industries: Standard quantity per unit of output 6.3 pounds Standard price $15.10 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased 7,650 pounds Actual cost of materials purchased $64,780 Actual materials used in production 7,150 pounds Actual output 890 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month

Answers

Answer:

the material quantity variance is $23,299.30 unfavorable

Explanation:

The computation of the material quantity variance is shown below:

= (standard quantity - actual quantity) × standard rate

= (6.3 × 890  - 7,150) × $15.10

= (5,607 - 7,150) × $15.10

=  $23,299.30 unfavorable

Hence, the material quantity variance is $23,299.30 unfavorable

Diving Fiasco. Mike, who owns a dive shop in the United States, decides to take a group of his customers diving in U.S. waters. Mike is aware that sharks occasionally visit the area where the divers will be visiting. He is also aware that while stingrays are usually tame, they can become aggressive when fed. Mike does not reveal that information to the group of divers going with him. The divers go down into the water, and some have squid with which to feed the stingrays. During the dive, one of the stingrays becomes agitated and latches onto diver Susie's arm. Susie is so disconcerted that she drops her regulator (her breathing device) from her mouth and is in considerable difficulty. Another diver, Billy, encounters a shark, which snaps at him. While the shark does not actually bite Billy, the attack results in damage to his diving equipment. Mike, who is in charge of the dive, does nothing to help and leaves the other divers to return to the boat because the dive turned out to be more trouble than expected. Wendy, another diver on the trip, also returns to the boat without doing anything to help the divers in distress. Sam, on the other hand, goes to rescue the divers who are in distress. He manages to do so but in the process he pulls his back and requires medical care. All divers are very unhappy with Mike. Billy and Susie are annoyed that Mike did not come to their assistance. Which is true regarding Mike's duty to provide assistance to them during the dive?
A) Mike had no duty to provide any assistance to them.
B) Mike had a duty to come to their aid because he arranged the dive and was charging them.
C) Mike had a duty to come to their assistance only if he had specifically agreed to do so prior to the dive.
D) Mike had a duty to come to their assistance only if they were minors.
E) Mike had a duty to come to their assistance only if no one else did so.

Answers

Answer:

B) Mike had a duty to come to their aid because he arranged the dive and was charging them.

Explanation:

Mike organized the diving trip as part of his business activities. he is making money out of it, he is not doing it for free. He should haver warned the other divers about the risks involved and should also help them in case they are in trouble. When you provide a service, you are responsible for your customers' safety.

Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $150,000. Variable processing costs are estimated to be $7 per book. The publisher plans to sell single-user access to the book for $49. Through a series of web-based experiments, Eastman has created a predictive model that estimates demand as a function of price. The predictive model is demand

Answers

Question Completion:

What profit can be anticipated with a demand of 3,400 copies?

With a demand of 3,400 copies, what is the access price per copy that the publisher must charge to break even?

Answer:

Eastman Publishing Company

a) A loss of $7,200 can be anticipated with a demand of 3,400.

b) The access price per copy with a demand of 3,400 copies should be $51.

Explanation:

a) Data and Calculations:

Fixed cost = $150,000

Variable costs per book = $7

Selling price of single-user access per book = $49

Demand = 3,400 copies

Profit based on a demand of 3,400 copies:

Income Statement:

Sales Revenue ($49 *3,400) $166,600

Variable costs ($7 * 3,400)       23,400

Contribution margin              $142,800

Fixed cost                                150,000

Net loss                                     $7,200

To break-even, the total sales revenue should be equal to the total costs.  Therefore, the access price should be:

Total costs:

Fixed cost  $150,000

Variable         23,400

Total costs $173,400

Sales unit        3,400

Access price = $51.00 ($173,400/3,400)

Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control costs and has established the following standards for the Maze toy:Direct materials: 6 microns per toy at $1.50 per micron Direct labor: 1.3 hours per toy at $21 per hourDuring July, the company produced 3,000 Maze toys. Production data for the month on the toy follow:Direct materials: 25,000 microns were purchased at a cost of $1.48 per micron. 5,000 of these microns were still in inventory at the end of the month.Direct labor: 4,000 direct labor-hours were worked at a cost of $88,000.Required: 1. Compute the following variances for July:a. The materials price and quantity variances.b. The labor rate and efficiency variances.

Answers

Answer:

1. a. The materials price and quantity variances

Material price variance: Standard cost per micron is $1.50 and actual cost per micron is $1.48. So, price variance is 1.48 - 1.5 = $(0.02) per micron

Quantity variance: Based on standard bill of material, Dawson Toys need 3,000 x 6 = 18,000 microns to produce 3,000 Maze toys. Actual consumption volume is 25,000 - 5,000 = 20,000 microns. So, quantity variance is 20,000 - 18,000 = 2,000 microns.

1. b. The labor rate and efficiency variances

Actual labor rate  = Actual labor cost / Actual hour = 88,000/4,000 = $22 per hour.

Efficiency variance = Actual labor rate - Standard labor rate = 22 - 21 = $1 per hour.

2. Prepare a brief explanation of the possible causes of each variance.

Direct material cost variance: Total actual material cost is 20,000 x 1.48 = $29,600, higher than standard material cost of 18,000 x 1.5 = $27,000. This is mainly due to higher production waste as compared to standards.

Direct labor cost variance: Total actual labor cost is $88,000, higher than standard labor cost of 4,000 x 21 = $84,000. This is mainly due to lower labor rate per hour than expected.

Explanation:

You have been retained to testify as a damages expert at a binding arbitration about the financial loss your client sustained when a supplier shipped it defective raw materials. Several days before the arbitration proceeding, you discovered that the arbitrator is a member of your country club who occasionally plays golf with you.
a. Do you have a conflict of interest in testifying under oath on behalf of your client?
b. Should you discuss this case with the arbitrator if you see him at the country club?
c. Does the arbitrator have a conflict of interest?

Answers

B have a good one buddy
(c )hope it help!!!! Have a nice one!!

Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Ltd., for a cost of $36 per unit. To evaluate this offer, Troy Engines, Ltd., has gathered the following information relating to its own cost of producing the carburetor internally:

Per Unit 15,000 Units Per Year
Direct materials $9 $135,000
Direct labor 11 165,000
Variable manufacturing overhead 2 30,000
Fixed manufacturing overhead, traceable 6* 90,000
Fixed manufacturing overhead, allocated 13 195,000
Total cost $41 $615,000


Required:
a. Assuming that the company has no alternative use for the facilities that are now being used to produce the carburetors, compute the total cost of making and buying the parts.
b. Should the outside supplier's offer be accepted?
c. Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product. The segment margin of the new product would be $105,000 per year. Compute the total cost of making and buying the parts.
d. Should Troy Engines, Ltd., accept the offer to buy the carburetors for $31 per unit?

Answers

I would say b if i had to choose

The Massoud Consulting Group reported net income of $1,382,000 for its fiscal year ended December 31, 2021. In addition, during the year the company experienced a positive foreign currency translation adjustment of $380,000 and an unrealized loss on debt securities of $45,000. The company’s effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income is displayed net of tax.

Required:
Prepare a separate statement of comprehensive income for 2021.

Answers

Answer: Check attachment

Explanation:

Kindly check the attachment.

Note that:

Foreign currency adjustment will be:

= $380000 × (1 - 25%)

= $380,000 × 75%

= $380,000 × 0.75

= $285,000

Loss on debt securities:

= $45000 × (1 - 25%)

= $45000 × 75%

= $45000 × 0.75

= $33750

Members of 67 countries attended a conference on economic development hosted by an international organization based in Gent, Belgium. Attendees of the workshop learned about techniques designed to assist countries in expanding their degree of economic development. Emerging markets act as manufacturing bases for global Miltinationals Enterprises because of ________.

Answers

Answer:

High availability.of cheaper labour

Explanation:

An emerging market is defined as one that does not meet the standards of a fully developed market. For example in the area.of labour cost there is no standard set for it.

So companies can get cheap labour from these economies.

Companies like Apple and Nike have used cheap labour from emerging countries to reduce their cost of production.

Manufacturing bases are established in relatively poorer economies where the workers are willing to work for cheap wage

Hamlet has monotonic, strictly convex, quasilinear preferences over widgets,x, and money to spend on other goods,m, wheremis the linear term. Consider a $1 increase in the price of widgets. Hamlet knows that he if he were given $20 after the price change, his new optimal bundle would give him exactly the same utility that he had before the price change. Which of the following can be concluded from this information? (You may assume that Hamlet's income is large enough that however many widgets he might want to buy, he'll still have money left over for other goods.)
A) Hamlet's compensating variation is $20.
B) Hamlet's equivalent variation is $20.
C) Hamlet's (net) consumer surplus falls by $20 due to the price change.
D) All of the above are true.
E) None of the above are true.

Answers

Answer:

A) Hamlet's compensating variation is $20.

Explanation:

Hamlet is expecting pay rise of $20 but he thinks that his utility will remain the same. Hamlet is not getting any extra benefit due to his pay rise and his utility is same, this is compensating variation because his initial utility is not changed. Compensating variation is the extra amount of money which is needed to reach to initial utility.

At the beginning of 2021, Terra Lumber Company purchased a timber tract from Boise Cantor for $2,950,000. After the timber is cleared, the land will have a residual value of $670,000. Roads to enable logging operations were constructed and completed on March 30, 2021. The cost of the roads, which have no residual value and no alternative use after the tract is cleared, was $228,000. During 2021, Terra logged 570,000 of the estimated 5.7 million board feet of timber. Required: Calculate the 2021 depletion of the timber tract and depreciation of the logging roads assuming the units-of-production method is used for both assets

Answers

Answer:

depletion of the timber tract = $228,000 and

depreciation of the logging roads = $22,800

Explanation:

Timber tract

Depletion rate = (Cost - Residual Value) ÷ Estimated units

                        = ($2,950,000 - $670,000) ÷ 5,700,000

                        = $0.40

Depletion expense = Units used x Depletion rate

                                = 570,000 x $0.40

                                = $228,000

Logging Roads

Depreciation rate  = (Cost - Residual Value) ÷ Estimated units

                               = ($228,000 - $0) ÷ 5,700,000

                               = $0.04

Depreciation expense = Units used x Depreciation rate

                                     = 570,000 x $0.04

                                     = $22,800

Why do you think women occupy so few seats on boards of directors

Answers

Answer:

Women has always been discriminated against forever because of our sex. Men feel they should always be in charge so they should make more money

Severs on has an annuity due that pays $400 per year for 20 years. What is the value of the cash flow 20 years from today if they are placed in an account that earns 7.50%

Answers

400e^(0.075)(20)
400e^(1.5)
400(4.48168)
=1,792.67562
Or 1,792.68 rounded to the nearest cent

Despite the heavy reliance on e-mail, in certain situations calling may be the most efficient channel of communication, whether mobile or on your office line. Be sure to understand professional expectations for telephone, cell phone, and voice mail etiquette. Identify the telephone etiquette that will make your telephone calls productive. Check all that apply. Avoid telephone tag. End the call politely. Leave complete voice mail messages. Use a three-point introduction. Be professional and courteous.

Answers

Answer:

All options are correct

Explanation:

For a telephone call to be effective, it is necessary to introduce three points, where you must name the person you are calling, identify yourself and identify the reason for the telephone contact. It is ideal to avoid phone etiquette, as a clear and objective call will retain more attention and be more efficient.

If you are unable to communicate with the necessary person, it is ideal that the messages left in the voicemail are complete for the perfect understanding and identification of the reasons and how the person can return the contact if necessary.

In a phone call being professional and courteous is essential, through the tone of voice and cordiality of the attendant the attention will increase and the objectives of the call are more likely to be achieved, so throughout the call until its close, education must be the basis, because in addition to being necessary, the professional is a representative of the company that is calling, so ethics, education and cordiality are essential in any professional connection.

On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances:Accounts Debit CreditCash $26,700 Accounts Receivable 15,000 Allowance for Uncollectible Accounts $ 3,600 Supplies 3,900 Notes Receivable (6%, due in 2 years) 18,000 Land 80,300 Accounts Payable 8,500 Common Stock 98,000 Retained Earnings 33,800 Totals $ 143,900 $ 143,900 During January 2021, the following transactions occur:January 2 Provide services to customers for cash, $49,100.January 6 Provide services to customers on account, $86,400.January 15 Write off accounts receivable as uncollectible, $3,300.January 20 Pay cash for salaries, $32,800.January 22 Receive cash on accounts receivable, $84,000.January 25 Pay cash on accounts payable, $6,900.January 30 Pay cash for utilities during January, $15,100.The following information is available on January 31, 2021.The company estimates future uncollectible accounts. The company determines $4,300 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger.)Supplies at the end of January total $950.Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31.Unpaid salaries at the end of January are $34,900.1) Prepare the journal entries for transactions.2) Choose the appropriate accounts to complete the company's income statement.

Answers

Answer:

3D Family Fireworks

1. Journal Entries for Transactions:

Jan. 2 Debit Cash $49,100

Credit Service Revenue $49,100

To record services rendered for cash.

Jan. 6 Debit Accounts Receivable $86,400

Credit Service Revenue $86,400

To record services rendered on account.

Jan. 15 Debit Allowance for Uncollectible Accounts $3,300

Credit Accounts Receivable $3,300

To record uncollectible written off.

Jan. 20 Debit Salaries Expense $32,800

Credit Cash $32,800

To record payment for salaries expense.

Jan. 22 Debit Cash $84,000

Credit Accounts Receivable $84,000

To record cash collected on accounted.

Jan. 25 Debit Accounts Payable $6,900

Credit Cash $6,900

To record payment on account.

Jan. 30 Debit Utilities Expense $15,100

Credit Cash $15,100

To record utilities expense paid.

Income Statement for the month ended January 31, 2021:

Service Revenue              $135,500

Interest Revenue                    1,080

Total Revenue                 $136,580

Salaries Expense $32,800

Utilities Expense     15,100

Bad Debts Expense 1,060 48,960

Net Income                      $87,620

Explanation:

a) Data and Calculations:

Trial Balance as of January 1, 2021:

                                                                 Debit        Credit

Cash                                                       $26,700

Accounts Receivable                               15,000

Allowance for Uncollectible Accounts                   $3,600

Supplies                                                    3,900

Notes Receivable (6%, due in 2 years)  18,000

Land                                                        80,300

Accounts Payable                                                     8,500

Common Stock                                                       98,000

Retained Earnings                                                  33,800

Totals                                                $ 143,900 $ 143,900

Transaction Analysis:

Jan. 2 Cash $49,100 Service Revenue $49,100

Jan. 6 Accounts Receivable $86,400 Service Revenue $86,400

Jan. 15 Allowance for Uncollectible Accounts $3,300 Accounts Receivable $3,300

Jan. 20 Salaries Expense $32,800 Cash $32,800

Jan. 22 Cash $84,000 Accounts Receivable $84,000

Jan. 25 Accounts Payable $6,900 Cash $6,900

Jan. 30 Utilities Expense $15,100 Cash $15,100

Jan. 31 Adjustments:

Allowance for Uncollectibles:

$4,300 Allowance for Uncollectibles $860 ($4,300 * 20%)

$9,800: Allowance for Uncollectible $490 ($9,800 * 5%)

$14,100 Allowance for Uncollectible $1,350

Allowance for Uncollectibles

Account Titles               Debit    Credit

Beginning balance                    $3,600

Accounts receivable  $3,300

Bad Debts Expense                    1,060

Ending balance             1,350

Interest Receivable $1,080

Interest Revenue $1,080

Service Revenue:

Service Revenue     $49,100

Service Revenue    $86,400

Service Revenue $135,500

Jenna has been working at Firenzi Entertainment Group for the past 3 years as a location scout. One of Jenna's chief responsibilities is to travel with a team of 5 people to international locations to try to find potential sets for films. Jenna also has a legal background and previous experience working as an entertainment agent. She is the only one on her team with this experience. Therefore, Jenna's secondary role is writing the license deal and various contracts once the location has been found. Eighty percent of her job can be sitting at a desk writing the agreements and negotiating deals over the phone. In the past year Jenna has been suffering from migraines which trigger vertigo and dizziness. She has been told by two doctors not to travel because the plane compression will make the migraines worse. Jenna brings the proper medical paperwork and lets her boss know she won't be able to travel. Her boss says that is a requirement of the job and if she can't travel then she can no longer perform her role and would be terminated. Jenna would like some advice from you whether the American With Disabilities Act will protect her. 1) What are the relevant rules under the ADA that pertain here

Answers

Answer:

One Of Jenna's Chief Responsibilities Is To Travel With A Team Of 5 People To International Locations To Try To Find Potential Sets For Films. Jenna Also Has A Legal Background And Previous Experience Working As An ... Jenna has been working at Firenzi Entertainment Group for the past 3 years as a  location scout.

Sandhill Co. provides the following information about its postretirement benefit plan for the year 2020. Service cost $ 43,200 Contribution to the plan 9,100 Actual and expected return on plan assets 10,900 Benefits paid 19,100 Plan assets at January 1, 2020 101,400 Accumulated postretirement benefit obligation at January 1, 2020 321,800 Discount rate 8 % Compute the postretirement benefit expense for 2020.

Answers

Answer:

The correct answer is "58,044".

Explanation:

The given values are:

Service cost,

= $43,200

Accumulated postretirement benefit obligation,

= 321,800

Actual and expected return,

= 10,900

Discount rate,

= 8%

The interest cost will be:

= [tex]321,800\times 8 \ percent[/tex]

= [tex]25,744[/tex]

The Postretirement benefit expense will be:

= [tex]Service \ cost +Interest \ cost-Actual \ and \ expected \ return[/tex]

= [tex]43,200+25,744-10,900[/tex]

= [tex]58,044[/tex]

The aggregate demand curve is downward sloping because production costs decline as real GDP increases. is upward sloping because a higher price level is necessary to make production profitable as production costs rise. shows the amount of expenditures required to induce the production of each possible level of real GDP. shows the amount of real GDP that will be demanded at each possible price level. g

Answers

Answer: shows the amount of real GDP that will be demanded at each possible price level.

Explanation:

The Aggregate Demand curve shows how much of real GDP is demanded at each possible price level which means that is shows the effect of the price level on real GDP.

If the price level rises, real GDP will decrease and if the price level falls, real GDP rises. This is why the aggregate demand curve is downward sloping, to reflect this inverse relationship between real GDP and price level.

The NASDAQ is a floor-based exchange.


t or f

Answers

False. NASDAQ has no physical trading floor because all of the stocks are pretty much made electronically.

Joint products Alpha and Beta emerge from common processing that costs $200,000 and yields 9,000 units of Product Alpha and 5,600 units of Product Beta. Product Alpha can be sold for $150 per unit. Product Beta can be sold for $90 per unit. What amount of the joint costs will be assigned to Product Beta if joint costs are allocated on the basis of number of units produced

Answers

Answer:

the amount of the joint cost allocated is $76,712.32

Explanation:

The computation of the amount of the joint cost allocated is shown below"

= Processing cost × beta units ÷ (alpha units + beta units)

= $200,000 × 5,600 units ÷ (9,000 units + 5,600 units)

= $76,712.32

Hence, the amount of the joint cost allocated is $76,712.32

A fee charged by a mutual fund is

Answers

Answer:

Sometimes these fees are called: expense ratio, management fee or an operating expense. Hope this helps!

Government corrects____externalities by subsidizing the activity, as they do with____corrects____externalities by regulating or taxing activity in order to____pollution provides_____goods like national defense because of the free-rider problem promotes_____because markets with few firms tend to be inefficient provides assistance to those in need in order to improve____attempts to pursue macroeconomic goals, including____, _____, and____.

Answers

Answer:

Government corrects positive externalities by subsidizing the activity, as they do with education.

Positive externalities are encouraged by subsidizing them so that they increase the more.

corrects negative externalities by regulating or taxing activity in order to discourage pollution.

Negative externalities are punished by regulation and taxation to discourage their spread.

provides public goods like national defense because of the free-rider problem

Public goods need to be provided because everyone needs access to them and not just a select few.

promotes competition because markets with few firms tend to be inefficient.

Monopolies have been shown to be inefficient as they do not have any competition that inspires innovation.

provides assistance to those in need in order to improve equity.

attempts to pursue macroeconomic goals, including low unemployment, strong growth, and stability.

It is a government's duty to ensure that the country is experiencing certain macro economic goals such as low unemployment, strong growth and economic stability.

Note: Options were too much to attach to answer as they required multiple pictures so I hope you have access to those options.

Shiffon Electronics manufactures music players. Its costing system uses two cost​ categories, direct materials and conversion costs. Each product must pass through the Assembly​ Department, the Programming​ department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weightedaverage costing. The following information is available for the month of March 2020 for the Assembly department. Work in​ process, beginning inventory units Conversion costs ​(​% ​complete) Units started during March units Work in​ process, ending​ inventory: units Conversion costs ​(​% ​complete) The cost details for the month of March are as​ follows: Work in​ process, beginning inventory Direct materials Conversion costs Direct materials costs added during March Conversion costs added during March What are the equivalent units for direct materials and conversion​ costs, respectively, for​ March?

Answers

Answer:

1,100 units; 1,050 units

Explanation:

Calculation to determine the equivalent units for direct materials and conversion​ costs, respectively, for​ March

DIRECT MATERIALS CONVERSION COSTS L

Completed and transferred out

1,000 units 1,000 units

(300 units+800 units - 100 units)

Add Work in process, ending

100 units 50 units

(50% Complete*100 units=50 units)

Total equivalent units

1,100 units 1,050 units

Therefore the equivalent units for direct materials and conversion​ costs, respectively, for​ March will be 1,100 units; 1,050 units

Koczela Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 28,000 $ 23,000 Finished goods $ 57,000 $ 61,000 Additional information: Direct materials $ 68,000 Direct labor cost $ 98,000 Manufacturing overhead cost incurred $ 74,000 Manufacturing overhead cost applied to Work in Process $ 72,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for May is:

Answers

Answer:

COGS= $241,000

Explanation:

First, we need to calculate the cost of goods manufactured with allocated overhead:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 28,000 + 68,000 + 98,000 + 72,000 - 23,000

cost of goods manufactured= $243,000

Now, we determine the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 57,000 + 243,000 - 61,000

COGS= $239,000

Finally, we close the under/over applied overhead to COGS:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 74,000 - 72,000

Underapplied overhead= $2,000

We need to debit COGS and credit overhead:

COGS     2,000

   Manufacturing overhead      2,000

COGS= 239,000 + 2,000

COGS= $241,000

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