In 20 words or fewer, name some other types of opportunity costs
besides money, time, and energy.
Answer:
Opportunity cost is a fictitious cost used in the assessment of alternative resource uses. The cost is the lost income from the alternative that you have not chosen to use. A standard example is when a person has a large amount of money and two options: Save them at a fixed monthly interest rate or pay off their loans. If you choose to save at a fixed monthly interest rate, the monthly cost of the loan will be the alternative cost. If, on the other hand, you choose to pay off your loans, the lost interest income will be the alternative cost.
For Bonita Industries, the predetermined overhead rate is 70% of direct labor cost. During the month, $800000 of factory labor costs are incurred of which $210000 is indirect labor. Actual overhead incurred was $340000. The amount of overhead debited to Work in Process Inventory should be:
Answer:
$147,000
Explanation:
Calculation to determine what The amount of overhead debited to Work in Process Inventory should be:
Using this formula
Overhead debited to Work in Process Inventory=Factory labor costs*Predetermined overhead rate
Let plug in the formula
Overhead debited to Work in Process Inventory=$210,000*70%
Overhead debited to Work in Process Inventory=$147,000
Therefore The amount of overhead debited to Work in Process Inventory should be:$147,000
What quality does an organizational structure reflect?
a. the gross income of an organization
b. when an organization was established
c. how large an organization is
d. the demographics of the organization
Explanation:
d. the demographics of the organization
In at least 150 words, analyze the relationships of users and participants in marketing research projects. Examine each group that makes up the structure of the marketin
Answer:
Financial markets offer some solace
Explanation:
Financial markets offer some solace: After tumbling the most in more than two months on Wednesday in the wake of the April consumer price data, the S&P 500 Index jumped on Thursday and Friday. Bond yields also retreated after a surge, suggesting no big fear of breakout inflation.#accelerationism
give short introduction about tourism industry
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
What is a stock exchange?
A. A place where investors can buy and sell different
investments.
B. A type of bank that buys and sells different types of
investments.
C. An organization that owns shares of stock.
D. None of the above
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.
A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.
Thus, the correct answer is option A.
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
The concept behind how the stock market works is pretty simple. Operating much like an auction house, the stock market enables buyers and sellers to negotiate prices and make trades. ... Investors can then buy and sell these stocks among themselves, and the exchange tracks the supply and demand of each listed stock.
Long-term objectives are useful because they Multiple choice question. can be accurately measured, whereas short-term objectives are vague and difficult to quantify. prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities. emphasize performance improvements in the current period. set specific expectations for employees on a day-to-day basis.
Answer:
Option B
Explanation:
Option B:
Prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities.
quantity demanded varies inversely with price, other things constant*
A quantity demanded
B demand
c law of demand
D change in demand
Answer:
c. law of demand
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
Demand can be defined as the total amount of goods or services that consumers are willing and able to purchase at a given price.
Law of demand states that quantity of goods or services demanded varies inversely with their price, other things constant or being equal. Thus, the smaller the quantity of goods or services demanded, the higher the price and vice-versa.
According to the law of demand, there exist a negative (inverse) relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.
This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.
Additionally, the law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year.Beginning InventoryEnding InventoryRaw material*30,00040,000Finished goods70,00060,000-* Three pounds of raw material are needed to produce each unit of finished product.If Paradise Corporation plans to sell 510,000 units during next year, the number of units it would have to manufacture during the year would be:A) 500,000 unitsB) 520,000 unitsC) 510,000 unitsD) 570,000 units
Answer:
A) 500,000 units
Explanation:
Calculation to determine what the number of units it would have to manufacture during the year would be:
Using this formula
Units produced= Finished goods Ending inventory+Units sold-Finished goods Beginning inventory
Let plug in the formula
Units produced = 60,000 + 510,000 − 70,000
Units produced = 500,000 units
Therefore the number of units it would have to manufacture during the year would be:500,000 units
What helps in determining the reliability of a person with regard to repaying debts?
Answer: Credit score
Explanation:
A credit score is a used to show the creditworthiness of a consumer. It should be noted that the credit score is used by lenders to know if they should lend someone money or not.
The higher the credit score, the better the borrower will look to the potential lenders. It should be noted that the credit score is based on the credit history, total debts, repayment history etc.
PLEASE HELP!!!!!!!!!
40 POINTS!!!!!!!!!
Develop a sample budget for someone aged 55-65, considering the adjusted income and expenses in this life phase.
Don't put the wrong answer to get the points, please!!!
Answer:
housing- $554
food- $245
healthcare- $500
pensions- $350
entertainment- $118
transportation- $247
cash- $155
other- $94
What are the top three types of sole proprietorships and percentages?
On October 4, 2018, Sheffield Corporation had credit sales transactions of $5400 from merchandise having cost $2800. The entries to record the day's credit transactions include a debit of $5400 to Inventory. credit of $2800 to Cost of Goods Sold. credit of $5400 to Sales Revenue. debit of $2800 to Inventory.
Answer:
Cost of goods sold = $5,400
Sales on credit = $2,800
Date General Journal Debit Credit
Oct. 4 Accounts receivable $5,400
Sales revenue $5,400
(To record sales on credit)
Date General Journal Debit Credit
Oct 4 Cost of goods sold $2,800
Inventory $2,800
(To record cost of goods sold)
Isidore Crocker, CEO of Gotham Engines, is strongly in favor of acquiring Carolina Textiles, a firm in an unrelated industry. Some members of the board of directors are questioning Crocker's motives for the acquisition. They argue that it is not uncommon for CEOs to push for acquisitions because: Group of answer choices a successful acquisition will increase the CEO's power over the board of directors. making an acquisition is an easier route to increased firm value than is improving the firm's core competencies. higher CEO pay is related to larger organization size. CEOs nearing retirement seek to create empires to continue their legacy.
Answer: higher CEO pay is related to larger organization size.
Explanation:
An acquisition refers to the situation whereby a company purchases the shares of another company in order to gain control of that company.
It's not uncommon for CEOs to push for acquisitions because higher CEO pay is related to larger organization size. Due to the acquisition, he can create greater power for himself and thereby be able to increase his compensation.
I allow you to write letters of the alphabets what I am
Answer:
1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.
3. If a focus group is convened in the second phase of a new product development project, what is information the group is MOST expected to discuss? what type of ads should be used for the product a N the pricing scheme for the product how the product should be made how much it costs to make the product.
Answer: how much it costs to make the product.
Explanation:
The first phase of new idea development would involve finding out how to produce the product because that is where the product is first come up with.
The second phase would see them screen the product and this would involve finding out how much it would cost so that they will know if it is best to move on with the product or drop it.
Adding a chart to the header of a form will result in a(n)
unchanging chart.
changing chart.
chart with a legend.
chart without a legend.
Answer:
Chart without a legend.
Hope this helped.
Which of the following describes intellectual property
concepts that are too abstract to be copyrighted or trademarked in any way
things that are created in the mind and not necessarily able to be seen or touched
inventions or discoveries that have significant educational or scientific value
any kind of work or creation that was developed at a college or university
One major negative effect of globalization has been:
A. environmental damage due to increased production.
B. fewer jobs in the shipping and packaging industries.
C. more military conflicts between powerful nations.
D. less investment in communication technologies.
Answer:
A. environmental damage due to increased production.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace.
Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Hence, one of the major advantages of globalization is that, it has ensured or made it possible such that economic and environmental conditions in different countries of the world are related and linked with the intention of generating revenue and profits while providing goods and services to meet the demands or requirements of various consumers across the world.
However, one major negative effect of globalization has been environmental damage or pollution due to increased production by various companies across the world.
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Answer: A: environmental damage due to increased production
A new customer wishes to open an options account with your firm. All of the following procedures are required prior to the first trade EXCEPT the: A customer must complete an Options Agreement B Registered Options Principal must approve the account before the first trade C customer must be sent an Options Disclosure Document D new account form must be completed
Answer:
customer must complete an Options Agreement
Explanation:
Options account can be regarded as
brokerage account which is been
approved for the sake of buying and selling options.To Open an option account an investor must be able to complete an option agreement, then collect a brochure that gives description of the risks of trading a standardized options.Options can be regarded as derivative product that give room to investors in speculating on as well as hedge against volatility that could come from underlying stock.
It should be noted that when a new customer wishes to open an options account with a firm, the following procedures are required prior to the first trade ;
1)new account form must be completed
2)customer must be sent an Options Disclosure Document
3)Registered Options Principal must approve the account before the first trade
The managing underwriter has set the POP for a new issue offering at $50 per share. After negotiating, the proceeds to be received by the issuer upon closing are set at $48 per share. The managing underwriter will retain a management fee of $.25 per share and the selling concession has been set at $.75 per share. The spread is: A $2.00 B $1.25 C $1.00 D $.25
Answer:
A $2.00
Explanation:
The computation of the spread is shown below;
Spread represent the gross compensation made to the underwriters. It shows the difference between the Public Offering Price and the amount per share that was collected by the issuer.
So, it should be
= $50 per share - $48 per share
= $2 per share
hence, the correct option is a.
what is sadness ??
[tex] \leqslant \: \: \: \: \: \: \: \: \: \: \: \: \: [/tex]
Answer:
sadness is when we are alone and who was break up with and who didn't care and when we are weak
Feeling down or unhappy in response to grief, discouragement or disappointment; if ongoing, may indicate depression.
#Sampad's Fan
Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or nondiversified business. concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.
Answer:
concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.
Explanation:
Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or non diversified business. co
Sheridan Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1Established the petty cash fund by writing a check payable to the petty cash custodian for $225. 15Replenished the petty cash fund by writing a check for $220.30. On this date, the fund consisted of $4.70 in cash and these petty cash receipts: freight-out $96.00, entertainment expense $48.70, postage expense $41.70, and miscellaneous expense $32.50. 16Increased the amount of the petty cash fund to $325 by writing a check for $100.00. 31Replenished the petty cash fund by writing a check for $309.30. On this date, the fund consisted of $15.70 in cash and these petty cash receipts: postage expense $139.80, entertainment expense $96.40, and freight-out $71.80. (a) Journalize the petty cash transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.)
Answer:
01-Aug
Dr Petty Cash $225
Cr Cash $225
15-Aug
Dr Freight Out $96
Dr Postage Expense $41.70
Dr Entertainment Expense $48.70
Dr Miscellaneous Expenses $32.50
Dr Cash Over and Short $1.1
Cr Cash $220
16-Aug
Dr Petty Cash $225
Cr Cash $225
31-Aug
Dr Postage Expense $139.80
Dr Entertainment Expense $96.40
Dr Freight Out $71.80
Dr Cash Over and Short $1.3
Cr Cash $309.30
Explanation:
Preparation of the petty cash transactions.
01-Aug
Dr Petty Cash $225
Cr Cash $225
(To Record Establishment of fund )
15-Aug
Dr Freight Out $96
Dr Postage Expense $41.70
Dr Entertainment Expense $48.70
Dr Miscellaneous Expenses $32.50
Dr Cash Over and Short $1.1
($220-$96-$41.70-$48.70-$32.50)
Cr Cash $220
(To Record Expenses)
16-Aug
Dr Petty Cash $225
Cr Cash $225
(To increase cash in fund )
31-Aug
Dr Postage Expense $139.80
Dr Entertainment Expense $96.40
Dr Freight Out $71.80
Dr Cash Over and Short $1.3
Cr Cash $309.30
($309.30-$139.80-$96.40-$71.80)
(To Record Expenses)
Master Mopeds Inc. has slightly different versions of the same moped for the American, European, and Asian markets. Its employees are grouped into divisions based on the market in which they have been assigned. This is an example of ________ departmentalization.
Answer:
"Geographical" is the correct answer.
Explanation:
The categorization procedure on something like a land-based foundation. If the consumers of a business are spread geographically, they can combine geographically-based employment, which is considered as Geographical departmentalization.Offerings could be developed to improve user impact on the world by offering customized services throughout a particular nation or location.Melanie graduated from the College of Business at the University of Arizona. What type of higher education Institution did she attend?
OA.
A college
OB.
A university
Ос.
A technical school
OD. A professional school
Attaining financial objectives is important because Multiple choice question. they are related to market standing and competitive vitality. it ensures the company's viability over the long term. they are more important than strategic objectives. they indicate company's future business prospects.
Answer:
The answer is "The third choice".
Explanation:
Financial objectives are the goals of an institution that are monetarily expressible. This term means goals that immediately influence the financial reports of the company, like the revenue statement or even the balance sheet.
This gives us a better intention to leave toward main contributions. Standard accounting aims are increased revenues, higher profit margins, a decrease in difficult times as well as a return on capital.
A 65-year old individual has just retired after working for the same employer for 20 years. He will collect an annual pension benefit of $50,000, but is not yet ready to stop working. He has lined up a part-time job that will pay $3,000 this coming year. How much can he contribute to a Traditional Individual Retirement Account for his first year in retirement
Answer:
$3,000
Explanation:
Based on the information given we were told that he has a PART-TIME JOB THAT WILL PAY him the amount of $3,000 this coming year which means that the amount he can contribute to a TRADITIONAL INDIVIDUAL RETIREMENT ACCOUNT for his first year in retirement will be the EARNED INCOME of the amount of $3,000 which will therefore be his maximum INDIVIDUAL RETIREMENT ACCOUNT (IRA) contribution for this year.
All of the following statements are true about non-contributory defined benefit retirement plans EXCEPT: A contribution amounts vary based upon the age of the person covered under the plan B larger contributions are made for older plan participants nearing retirement than for younger ones C once benefit payments start, the amount of the benefit is fixed D contribution amounts remain fixed based regardless of age Review
Answer: D. contribution amounts remain fixed based regardless of age
Explanation:
The statements that are true about non-contributory defined benefit retirement plans include:
• contribution amounts vary based upon the age of the person covered under the plan.
• larger contributions are made for older plan participants nearing retirement than for younger ones.
• once benefit payments start, the amount of the benefit is fixed.
It should be noted that in a defined benefit retirement plan, there is variation in the contribution amounts which depends on the individual's age that's covered under the plan. Therefore, the statement that "contribution amounts remain fixed based regardless of age" is incorrect.
You are given the following information for Ted’s Dread Co.: sales = $68,500; costs = $51,700; addition to retained earnings = $4,500; dividends paid = $2,420; interest expense = $2,130; tax rate = 21 percent. Calculate the depreciation expense. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Answer:
$5,910.50
Explanation:
Net income = Dividends + Addition to retained earnings
Net income = $2,420 + $4,500
Net income = $6,920
Taxable income = Net income / (1 - Tax rate)
Taxable income = $6,920 / (1 - 0.21)
Taxable income = $6,920 / 0.79
Taxable income = 8759.4937
Taxable income = $8,759.50
EBIT = Taxable income + Interest
EBIT = $8,759.50 + $2,130
EBIT = $10,889.50
Depreciation = Sales - Costs - EBIT
Depreciation = $68,500 - $51,700 - $10,889.50
Depreciation = $5,910.50
So, the depreciation expense for Ted’s Dread Co is $5,910.50.