Avery works for Proctor and Gamble as a market researcher in the United States. P&G is interested in launching a new line of shampoo in India and has asked her to look into doing research to support this decision. Since Avery is not familiar with the language or the culture, what should she do?

Answers

Answer 1

Explanation:

According to the scenario in question, an effective alternative for market researcher Avery would be to hire an Indian market research company to carry out the research that P&G needs to do before launching a new shampoo line in India, because as Avery does not is familiar with the Indian language and culture, these could be significant barriers to conducting effective research, since India is a country known for having a very strong culture, so an Indian company could achieve the objective of Proctor and Gamble of more effectively, as it would have more specific information about the culture and the need of the Indian people about a particular product.


Related Questions

Kevin O’Leary suggests that Jenn and Kelley decrease the price of their product by 50% and sell 10 times as many. That is, he predicts if they drop the price of their product from $40 to $20 they will increase their quantity demanded from 6,000 to 60,000. Calculate the price elasticity of demand for Pursecases using the midpoint formula from this information

Answers

Answer:

The price elasticity of demand for Pursecases using the midpoint formula from this information is -2.45.

Explanation:

From the question, we have:

New quantity demanded = 60,000

Old quantity demanded = 6,000

New price = $20

Old price = $40

The formula for calculating the price elasticity of demand is as follows:

Price elasticity of demand = Percentage change in quantity demanded /

Percentage change in price ................ (1)

Where, based on the midpoint formula, we have:

Percentage change in quantity demanded = {(New quantity demanded - Old

quantity demanded) / [(New quantity demanded + Old quantity demanded) /

2]} * 100 = {(60,000 - 6,000) / [(60,000 + 6,000) / 2]} * 100 = 163.636363636364%

Percentage change in price = {(New price - Old price) / [(New price + Old

price) / 2]} * 100 = {(20 - 40) / [(20 + 40) / 2]} * 100 = -66.6666666666667%

Substituting the values into equation (1), we have:

Price elasticity of demand = 163.636363636364% / -66.6666666666667% = -2.45454545454546

Rounding to 2 decimal places, we have:

Price elasticity of demand = -2.45

Therefore, the price elasticity of demand for Pursecases using the midpoint formula from this information is -2.45.

When The price elasticity of demand for Purchase then we are using the midpoint formula from this information is: -2.45.

Elasticity of demand

According to the Elasticity of demand, are refers to the degree within the change in demand and also when there is a little change in another economic factor, like price or income.

Then New quantity demanded is = 60,000Old quantity demanded is = 6,000

After that New price are = $20

Then Old price is = $40

When The Price elasticity of demand is = Percentage change in quantity demanded / percentage change in price are

Percentage change in quantity demanded = * 100

= * 100

= 163.636363636364%[/tex]

Percentage change in price

= * 100

= * 100 = -66.6666666666667%[/tex]

Then Substituting the values into equation (1), we have:

Price elasticity of demand is =163.636363636364% [tex]-66.6666666666667% = -2.45454545454546[/tex}

Then the Price elasticity of demand is = -2.45

Thus, the value elasticity of demand for Purchase using the midpoint formula from this information is -2.45.

Find out more information about The Elasticity of demand here:

https://brainly.com/question/15737555

The Anderson Company has equal amounts of low-risk, average-risk, and high-risk projects. The firm's overall WACC is 12%. The CFO believes that this is the correct WACC for the company's average-risk projects, but that a lower rate should be used for lower-risk projects and a higher rate for higher-risk projects. The CEO disagrees, on the grounds that even though projects have different risks, the WACC used to evaluate each project should be the same because the company obtains capital for all projects from the same sources. If the CEO's position is accepted, what is likely to happen over time? a. The company's overall WACC should decrease over time because its stock price should be increasing. b. The CEO's recommendation would maximize the firm's intrinsic value. c. The company will take on too many low-risk projects and reject too many high-risk projects. d. The company will take on too many high-risk projects and reject too many low-risk projects. e. Things will generally even out over time, and, therefore, the firm's risk should remain constant over time

Answers

Answer:

d. The company will take on too many high-risk projects and reject too many low-risk projects.

Explanation:

Weighted Average Cost of capital is the firm's is the rate which a firm has to pay to the lenders of fund. There can be different WACC for different projects as the WACC is based on the business risk. The beta factor can be different for all projects and since it is dependent on the nature of project and the risk it involves.

Adams Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales price $ 95 $ 124 Variable cost per unit (58 ) (74 ) Contribution margin per unit $ 37 $ 50 Adams expects to incur annual fixed costs of $227,880. The relative sales mix of the products is 60 percent for Super and 40 percent for Supreme. Required Determine the total number of products (units of Super and Supreme combined) Adams must sell to break even. How many units each of Super and Supreme must Adams sell to break even

Answers

Answer:

Expected contribution as per sales mix = $37*0.60 + $50*0.40

= $22.20 + $20

= $42.20 per unit

Total number of products in total at break even point = Total fixed cost / Contribution per unit

= $227,880 / $42.20 per unit

= 5,400 units

How many units each of Super and Supreme must Adams sell to break even?

According to sales mix:

Super = 5,400 * 60% = 3,240 units

Supreme = 5,400 * 40% = 2,160 units.

these are the choices fill in the blanks.
asset backed security.
bank run
credit default swap.
capital
bond.
credit
common stock.
credit crunch
mortgage-backed securities.
debt
mutual fund.
default
option.
equity
futures contract.
foreclosure
subprime mortgage.
leverage

central bank.
liquidity
commercial bank.
liquidity risk
hedge fund.
moral hazard
investment bank.
mortgage
fannie mae/ freddie mac.
nationalization
federal deposit insurance corporation.
regulation
federal reserve system.
return
private equity fund
risk
securitization​

Answers

The answer is to add both sides of the comments up and the answer will be C ok good luck

On August 5, 2021, Carla Vista Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $420 each. The cost of shipping the dining sets amounted to $4300 and was paid for by Carla Vista Furniture. On December 30, 2021, the consignee reported the sale of 20 dining sets at $920 each. The consignee remitted payment for the amount due after deducting a 7% commission, advertising expense of $670, and installation and setup costs of $850. The amount cash received by Carla Vista furniture is

Answers

Answer:

$15,592

Explanation:

Calculation to determine what The amount of cash received by Carla Vista furniture is

Cash received =[(20 × $920)*(100%-7%)] - $670 - $850

Cash received=($18,400*93%)-$670-$850

Cash received=17,112-$670-$850

Cash received=$15,592

Therefore The amount of cash received by Carla Vista furniture is $15,592

Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 130 shares of its common stock on May 1 for $6,500. On July 1, it reissued 65 of these shares at $53 per share. On August 1, it reissued the remaining treasury shares at $48 per share. What is the balance in the Paid-in Capital, Treasury Stock account on August 2

Answers

Answer:

Fortune Company

There is a balance of ($65) in the Paid-in Capital, Treasury Stock account on August 2.

However, this balance will be transferred to the Additional Paid-in Capital account at year-end, since there are no outstanding shares for the Treasury Stock account.

Explanation:

a) Data and Calculations:

May 1 Repurchase of 130 shares (Treasury Stock) = $6,500

July 1 Reissue of 65 shares at $53 per share =          (3,445)

August 1 Reissue of 65 shares at $48 per share =     (3,120)

August 2, Balance in the Paid-in Capital =                     ($65)

b) The Treasury Stock account is a contra Paid-in Capital account which records transactions involving the repurchase and reissue of treasury shares.  Treasury shares represent the company's own shares which are repurchased from its investors.

Pension data for David Emerson Enterprises include the following:_______.
($ in millions)
Discount rate, 12%
Projected benefit obligation, January 1 $ 350
Projected benefit obligation, December 31 485
Accumulated benefit obligation, January 1 320
Accumulated benefit obligation, December 31 435
Cash contributions to pension fund, December 31 170
Benefit payments to retirees, December 31 58
Required:
Assuming no change in actuarial assumptions and estimates, determine the service cost component of pension expense for the year ended December 31.
Service cost million

Answers

Answer:

$151 million

Explanation:

Calculation to determine the service cost component of pension expense for the year ended December 31.

Projected benefit obligation, December 31 $485 million

Add Benefit payments to retirees, December 31 $58 million

Less Interest cost ($42 million)

(350*12%)

Less Projected benefit obligation, January 1 ($350 million)

Service cost $151 million

Therefore the service cost component of pension expense for the year ended December 31 will be $151 million

makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct labor 0.20 hours $ 26.00 per hour $ 5.20 Variable overhead 0.20 hours $ 6.20 per hour $ 1.24 In November the company's budgeted production was 6500 units, but the actual production was 6300 units. The company used 1550 direct labor-hours to produce this output. The actual variable overhead cost was $8990. The company applies variable overhead on the basis of direct labor-hours. The variable overhead rate variance for November is:

Answers

Answer:

See

Explanation:

Given that;

Direct labor hours used to produce this output = 1,550

Actual variable overhead cost = $8,990

Variable overhead per hour = $6.2

The variable overhead rate variance for July is;

= Direct labor hours used to produce this out put × (Actual variable overhead rate per hour - Variable overhead per hour)

= 1,550 × ($8,990/1,550 - $6.2)

= 1,550 × ($5.8 - $6.2)

= 1,550 × (-$0.4)

= $620 favorable

Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans? open‑market sale fractional banking reserve ratio money multiplier discount rate Select the charge the Fed levies on banks borrowing funds that would result in the smallest increase in the money supply. two percentage points above the private level one percentage point above the private level the same as the private level one percentage point below the private level two percentage points below the private level

Answers

Answer:

Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans?

discount rate

the discount rate is the interest rate that the Federal Reserve System charges banks for the loans it makes. The overnight rate or the federal funds rate is even lower, but it lasts a few hours only.

Select the charge the Fed levies on banks borrowing funds that would result in the smallest increase in the money supply.

two percentage points above the private level

the higher the interest rate, the lower the increase in the money supply.

Selected information from Peridot Corporation's accounting records and financial statements for 2021 is as follows ($ in millions): Cash paid to acquire machinery $ 35 Reacquired Peridot common stock 56 Proceeds from sale of land 97 Gain from the sale of land 55 Investment revenue received 72 Cash paid to acquire office equipment 84 In its statement of cash flows, Peridot should report net cash outflows from investing activities of:

Answers

Answer:

Peridot should report net cash outflows from investing activities of $22 million.

Explanation:

Peridot corporation

Statement of cash flows

$ in millions

Purchase of machinery

($35)

Proceeds from sale of land

$97

Cash paid to acquire office

($84)

Net cash outflows from investing activities

($22)

• We ignored required common stock because it belongs to financing activities section of cash outflows. Gain from sale of land and investment revenue is for operating activities section of the cash flow

Which of the following choices represents two consumers?
A grass and grasshopper
B.rabbit and dog
C. mushroom and frog
D.turtle and flower


I need help ASAP​

Answers

Answer:

Option B

Hope it helps..

The choice that represents two types of customers is B.rabbit and dog.

What kind of customers are rabbits and dogs?

Rabbits are a type of customer that will not pay very much for the goods they buy. They prefer cheap things.

Dogs on the other hand, are easier to negotiate with to make profits because they usually accept a price as it is.

Find out more on types of customers at https://brainly.com/question/24803497.

#SPJ6

Mark Brandt, an employee of Mueller Corp., earned 3 weeks of compensated vacation time during the current year, but only took 2 weeks of vacation. His employer permits that 1 week of vacation can be carried forward to the following year. Mark fully intends to remain at his current employer and plans to take his vacation during the following year. His current weekly salary is $2,000. Mueller Corp. expects to grant a general salary increase of 5% effective at the beginning of the next year. What amount should Mueller accrue during the current year relating to Mark Brandt's carried-forward vacation

Answers

Answer:

Mark Brandt of Mueller Corporation

The amount that Mueller should accrue during the current year relating to Mark Brandt's carried-forward vacation is:

= $2,100

Explanation:

a) Data and Calculations:

Current weekly salary = $2,000

Expected general salary increase = 5%

The amount that Mueller should accrue during the current year relating to Mark Brandt's carried-forward vacation is:

= $2,000 * 1.05

= $2,100

b) $2,100 is the amount that will be paid in cash for cash settlement of Mark Brandt's carried-forward vacation, assuming he does not take it the following year.

Grant Industries, a manufacturer of electronic parts, has recently received an invitation to bid on a special order for 20,500 units of one of its most popular products. Grant currently manufactures 41,000 units of this product in its Loveland, Ohio, plant. The plant is operating at 50% capacity. There will be no marketing costs on the special order. The sales manager of Grant wants to set the bid at $13 because she is sure that Grant will get the business at that price. Others on the executive committee of the firm object, saying that Grant would lose money on the special order at that price.
Units 41,000 61,500
Manufacturing costs:
Direct materials $123,000 $184,500
Direct labor 164,000 246,000
Factory overhead 328,000 430,500
Total manufacturing costs$615,000 $861,000
Unit cost $15 $14
Required:
1. What is the relevant cost per unit and the bid price?
2. What would the total opportunity cost be if by accepting the special order the company lost sales of 6,500 units to its regular customers?

Answers

Answer:

Missing word "What would the total opportunity cost be if by accepting the special order the company lost sales of 6,500 units to its regular customers? Assume the above facts plus a normal selling price of $24 per unit."

Variable factory overhead per unit = (430,500 - 328,000) / 20,500 = $5

Direct materials per unit = $123,000 / 41,000 = $3

Direct labor per unit = 164,000 / 41,000 = $4

1. Relevant cost per unit = Direct materials per unit + Direct labor per unit + Variable factory overhead

Relevant cost per unit = $5 + $4 + $3

Relevant cost per unit = $12

So, the bid price should be above $10 per unit

2. Total opportunity cost would be the total contribution margin lost for the lost sales to the regular customer

Total opportunity cost = Loss of regular sales revenue - Total relevant cost for lost sales

Total opportunity cost = (6,500*$24) - (6,500*$12)

Total opportunity cost = $156,000 - $78,000

Total opportunity cost = $78,000

1. The relevant cost per unit for Grant Industries is $7.00 ($123,000 + $164,000)/41,000 or ($184,500 + $246,000)/61,500.

2. The total opportunity cost of accepting the special order when the company lost sales of 6,500 units from its regular customers is $12,500.

What are the relevant costs and opportunity costs?

The relevant costs describe the avoidable costs that could be stopped if a decision is taken.

For example, if Grant Industries decides to take the special order, the relevant decision-making cost is $7 per unit and not $14 per unit.

The opportunity costs are costs that are not incurred based on taking an alternative decision.  It also describes the lost revenue when some sales are lost for the special order.

For example, the total opportunity costs incurred by Grant Industries for taking the special order instead of attending to the regular customers with 6,500 units demand is $12,500.

Data and Calculations:

Special order = 20,500 units

Current production = 41,000 units

Current operational capacity = 50%

Total capacity = 82,000 (41,000/50%)

Bid price = $13 per unit

New production based on special order = 61,500 (41,000 + 20,500)

Production Data                   Per  Unit         Per Bid

Units                                         41,000           61,500

Manufacturing costs:

Direct materials                   $123,000       $184,500

Direct labor                            164,000        246,000

Factory overhead                 328,000        430,500

Total manufacturing costs $615,000       $861,000

Unit cost                                   $15                $14

Question 2 Completion:

Assume the above facts plus a normal selling price of $24 per unit."

The opportunity cost of lost sales:

Lost sales units = 6,500

Contribution per unit = $17 ($24 - $7)

Total contribution margin = $110,500 ($6,500 x $17)

Contribution margin from special order = $123,000 ($13 - $7 x 20,500)

Thus, the opportunity cost of lost sales is $12,500 ($123,000 - $110,500).

Learn more about relevant and opportunity costs at https://brainly.com/question/14184614 and https://brainly.com/question/8846809

A company making tires for bikes is concerned about the exact width of their cyclocross tires. The company has a lower specification limit of 19.930 mm and an upper specification limit of 20.070 mm. The standard deviation is 0.18 mm and the mean is 20.000 mm. b. The company now wants to reduce its defect probability and run a "six-sigma process." To what level would they have to reduce the standard deviation in the process to meet this target? (Round the answer to 5 decimal places.)

Answers

Answer:

Missing word "a. What is the process capability index for the process?"

a. Cpk = Min[USL-μ/3σ, μ-LSL/3σ]

Cpk = Min[(20.070-20)/(3*0.18) ,(20-19.930)/(3*0.18]

Cpk = Min[0.1296, 0.1296]

Hence, process capability index is 0.1296

b. 2 = Min[USL-μ/3σ, μ-LSL/3σ]

2 = Min[(20.070-20)/(3*σ) ,(20-19.930)/(3*σ]

2 = Min[(0.07/3*σ, 0.07/3*σ)]

= Min[0.07/6, 0.07/6]

σ = 0.07/6

σ = 0.0117

Hence, reduced standard deviation level is 0.0117

Paul Company had 100,000 shares of common stock outstanding on January 1, 2021. On September 30, 2021, Paul sold 40,000 shares of common stock for cash. Paul also had 6,000 shares of convertible preferred stock outstanding throughout 2021. The preferred stock is $100 par, 6%, and is convertible into 3 shares of common for each share of preferred. Paul also had 420, 8%, convertible bonds outstanding throughout 2021. Each $1,000 bond is convertible into 30 shares of common stock. The bonds sold originally at face value. Reported net income for 2021 was $270,000 with a 40% tax rate. Common shareholders received $1.20 per share dividends after preferred dividends were paid in 2021.
Required: Compute basic and diluted earnings per share for 2021. (Round your answers to 2 decimal places.)

Answers

Answer:

Basic EPS = [$270,000 - (6% * $100 * 6,000)] / [100,000 + 40,000 * 3/12]

Basic EPS = [$270,000 - $36,000] / 35,000

Basic EPS = $234,000 / 35,000

Basic EPS = 6.685714285714286

Basic EPS = 6.69

Diluted EPS = [$270,000 + ($420,00*8%*60%)] / [100000 + 40,000 * 3/12 + (420*30) + (6,000*3)]

Diluted EPS = [$270,000 + $2,016] / [35,000 + 12600 + 18,000]

Diluted EPS = $272,016 / 65,600

Diluted EPS = 4.146585365853659

Diluted EPS = $4.15

Since EBIT is not necessarily indicative of cash flow, many financial analysts adjust the formulation by: a. adding unpaid taxes to EBIT in the TIE formula b. adding unpaid taxes and interest to EBIT in the formula c. adding depreciation to EBIT in the TIE formula d. adding unpaid taxes, interest and depreciation to EBIT in the TIE formula

Answers

Answer: c. adding depreciation to EBIT in the TIE formula

Explanation:

The Times Interest Earned Ratio is used to measure the ease by which a company can pay its interest charges using its earnings before tax.

As depreciation is a non-cash expense, the amount apportioned to depreciation can be used when paying for interest so adding it back to the EBIT ensures that the cash resources of the company are included in the analysis of whether a company can pay back debt.

While implementing an affirmative action plan, an employer is expected to do all of the following except:establish objectives that can be met by applying good faith efforts.set quotas for the underrepresented groups, and ensure they are met even if it is necessary to hire a less qualified candidate.make all employment decisions in a nondiscriminatory manner.ensure that hiring objectives do not establish a floor or a ceiling for employment of certain groups.

Answers

Answer:

set quotas for the underrepresented groups, and ensure they are met even if it is necessary to hire a less qualified candidate.

Explanation:

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

While implementing an affirmative action plan, an employer is expected to do all of the following;

I. Establish objectives that can be met by applying good faith efforts.

II. Make all employment decisions in a nondiscriminatory manner.

III. Ensure that hiring objectives do not establish a floor or a ceiling for employment of certain groups.

On September 12, Vander Company sold merchandise in the amount of $3,950 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $2,725. Vander uses the periodic inventory system and the gross method of accounting for sales. On September 14, Jepson returns some of the merchandise. The selling price of the merchandise is $340 and the cost of the merchandise returned is $240. Jepson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Vander makes on September 18 is:

Answers

Answer:

Date                        Account                                        Debit                  Credit

September 18        Cash                                            $3,537.80

                                Sales discount                           $      72.20

                                Accounts Receivable                                            $3,610

Explanation:

Net merchandise sold = 3,950 - 340

= $3,610

Sales discount is 2% if paid in 10 days which Jepson did.

= 2% * 3,610

= $72.20

Cash = Net sales - discount

= 3,610 - 72.20

= $3,537.80

During May, Salinger Company accumulated 740 hours of direct labor costs on Job 200 and 900 hours on Job 305. The total direct labor was incurred at a rate of $20 per direct labor hour for Job 200 and $23 per direct labor hour for Job 305.Journalize the entry to record the flow of labor costs into production during May. If an amount box does not require an entry, leave it blank.

Answers

Answer:

May

Dr Work in Process $35,500

Cr Wages Payable $35,500

Explanation:

Preparation of the Journal entry to record the flow of labor costs into production during May

Based on the information given the Journal entry to record the flow of labor costs into production during May will be :

May

Dr Work in Process $35,500

Cr Wages Payable $35,500

Calculated as:

Labor costs = (740*20)+(900*23)

Labor costs=14,800+20,700

Labor costs=$35,500

Two important group outcomes or consequences of the interactive
process that unfolds between a leader, follower, and the situation
include:

Answers

Answer:

task performance and group maintenance.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her.

Some types of power expressed by leaders are referent power, coercive power, etc.

Hence, two important group outcomes or consequences of the interactive process that unfolds between a leader, follower, and the situation include task performance and group maintenance.

Leaders are saddled with the responsibility of ensuring that the follower performs his or her duties or tasks as stated in the contract and to foster cohesion among the various team members.

Ann lives in Princeton, New Jersey, and commutes by train each day to her job in New York City (20 round trips per month). When the price of a round trip goes up from $10 to $20, she responds by consuming exactly the same number of trips as before, while spending $200 per month less on restaurant meals. Does the fact that her quantity of train travel is completely unresponsive to the price increase imply that Ann is not a rational consumer

Answers

Answer:

Yes

Explanation:

Hughes Co. is growing quickly. Dividends are expected to grow at a rate of 22 percent for the next three years, with the growth rate falling off to a constant 5 percent thereafter. If the required return is 12 percent and the company just paid a $2.35 dividend, what is the current share price? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Answers

Answer: $53.94

Explanation:

Current share price is the present value of the dividends for the next 3 years and the terminal value in year 3.

Terminal value = D₄ / ( required return - growth rate)

= (2.35 * 1.22³ * 1.05) / (12 % - 5%)

= $64

D₁ = 2.35 * 1.22 = $2.867

D₂ = 2.867 * 1.22 = $‭3.49774‬

D₃ = ‭3.49774‬ * 1.22 = $‭4.2672428‬

Share price = (2.867 / (1 + 12%)) + (‭3.49774‬ / 1.12²) + (‭4.2672428‬ / 1.12³) + (64/1.12³)

= $53.94

Activity Expected Costs Expected Activity Handling materials $ 625,000 100,000 parts Inspecting product 900,000 1,500 batches Processing purchase orders 105,000 700 orders Paying suppliers 175,000 500 invoices Insuring the factory 300,000 40,000 square feet Designing packaging 75,000 2 models Required: 1. Compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. In January 2017, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate.

Answers

Answer and Explanation:

The computation is shown below:

1. Plant wide overhead rate = Budgeted Overheads ÷ Budgeted Activity.

where,

Budgeted Overheads :

Handling materials                  625,000

Inspecting product                  900,000

 Processing purchase orders   105,000

Paying suppliers                       175,000  

Insuring the factory                 300,000

Designing packaging                75,000

Total Cost                               2,180,000

And, the budgeted activity is 125,000

So, Plant wide overhead rate is

= Budgeted Overheads ÷ Budgeted Activity.

= $2,180,000/125,000

= $17.44 per direct labor hour

Now Assignment of Overheads

As Deluxe model required 2,500 direct labor hours

So, Deluxe model = 2,500 × $17.44

= $43,600

As Basic model required 6,000 direct labor hours

So, Basic model = 6,000 × $17.44

= $104,640

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to a. making more than the customer wants or more than you have demand for b. idle time when resources are not being used c. a product that is less than perfect d. not encouraging employee ideas or undermining their efforts e. both b and d

Answers

Answer:

d. not encouraging employee ideas or undermining their efforts.

Explanation:

Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to not encouraging employee ideas or undermining their efforts.

A pharmaceutical company in Belgium decides to expand into additional markets. It conducts research and decides to focus on marketing and delivering its products to Hungary and the Czech Republic. In order to be successful, the company recognizes it must translate its marketing, product instructions, and packaging into the local languages. In addition, the company decides to partner with local advertising companies to make sure its marketing and advertising is customized to fit the preferences of the local markets. The pharmaceutical company has chosen to use which type of marketing strategy to expand globally?
a. centralization strat
b. localization strat
c. standardization strat

Answers

Answer:

C) standardization strategy

Explanation:

standardization strategy can be regarded as one whereby a business owner or firm give same treatment to the whole world as if it's just one market that have just small meaningful variation It's base on an assumption that needs of people can be met with a product.

Hull Company reported the following income statement information for the current year: Sales $ 423,000 Cost of goods sold: Beginning inventory $ 151,500 Cost of goods purchased 286,000 Cost of goods available for sale 437,500 Ending inventory 157,000 Cost of goods sold 280,500 Gross profit $ 142,500 The beginning inventory balance is correct. However, the ending inventory figure was overstated by $33,000. Given this information, the correct gross profit would be:

Answers

Answer:

$109,500

Explanation:

Calculation to determine the correct gross profit would be:

Sales $ 423,000

Less: Corrected Cost of goods sold:($313,500)

(280,500 + $33,000)

Gross Profit $109,500

Therefore the correct gross profit would be:$109,500

Assume that a company cannot determine the market value of equipment acquired by reference to a similar purchase for cash. Explain how the company determines the cost of equipment purchased by exchanging it for each of the following 3 items: Bonds having an established market price. Bonds that do not have an established market price. Common stock not having an established market price. Similar equipment having a determinable market value.

Answers

Solution :

Let us suppose that a company cannot predict the market value of an equipment that acquired by the reference to the similar purchase for the cash. Thus the company finds cost of purchased of the equipment by exchanging :

-- the market price of the bonds when they have an established price in the market.

-- the market price of the bonds when the common stocks does not have a established market price.

-- market price of the equipment when the similar kind of an equipment have a determinable value in the market.

A company received 500 applications for a specific position.30 were given an assignment test. Only 15 were invited to an interview. The yield ratio of passing the interview is

a.
75%

b.
20%

c.
50%

d.
25%​

Answers

i think c might be wrong tho

A-Rod Manufacturing Company is trying to calculate its cost of capital for use in making a capital budgeting decision. Mr. Jeter, the vice-president of finance, has given you the following information and has asked you to compute the weighted average cost of capital.
The company currently has outstanding a bond with a 10.6 percent coupon rate and another bond with an 8.2 percent rate. The firm has been informed by its investment banker that bonds of equal risk and credit rating are now selling to yield 11.5 percent. The common stock has a price of $60 and an expected dividend (D1) of $1.80 per share. The historical growth pattern (g) for dividends is as follows:
1.35
1.49
1.64
1.80
The preferred stock is selling at $80 per share and pays a dividend of $7.60 per share. The corporate tax rate is 30 percent. The flotation cost is 2.5 percent of the selling price for preferred stock. The optimum capital structure for the firm is 25 percent debt, 10 percent preferred stock, and 65 percent common equity in the form of retained earnings.
(a) Compute the historical growth rate. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole percent. Omit the "%" sign in your response.)
Growth rate %
(b) Compute the cost of capital for the individual components in the capital structure. (Round growth rate to nearest whole percent. Round your answers to 2 decimal places. Omit the "%" sign in your response.)
Cost of capital
Debt (Kd) %
Preferred stock (Kp)
Common equity (Ke)
(c) Calculate the weighted cost of each source of capital and the weighted average cost of capital. (Round your intermediate calculations and final answers to 2 decimal places. Omit the "%" sign in your response.)
Weighted cost
Debt (Kd) %
Preferred stock (Kp)
Common equity (Ke)
Weighted average cost of capital (Ka) %

Answers

Answer:

PV = 1.35

FV = 1.8

n = 3

a. Growth rate = Rate(N, -PV, FV)

Growth rate = Rate(3, -1.35, 1.8)

Growth rate = 0.10

Growth rate = 10%

B. Cost of debt Kd (After tax) = 11.5%*(1-0.30) = 8.05%

Cost of preference share Kp = Dividend/Price = 7.6 /[80*(1 - 0.025)] = 9.74%

Cost of equity Ke = D1/P0+g = 1.8/60 + 0.1 = 0.03+0.1 = 0.13 = 13%

c. Source              Weight A     COC(%)(B)    Weight cost of capital(A*B)

Debt                          25%            8.05%                    2.01%

Preferred stock         10%            9.74%                     0.97%

Common stock          65%           13.00%                   8.45%

Weighted average cost of capital                           11.44%

Seth Erkenbeck, a recent college graduate, has just completed the basic format to be used in preparing the statement of cash flows (indirect method) for ATM Software Developers. All amounts are in thousands (000s).

ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2021

Cash Flows from Operating Activities
Net income
Adjustments to reconcile net income to net cash flows from operating activities:

Net cash flows from operating activities
Cash Flows from Investing Activities
Net cash flows from investing activities
Cash Flows from Financing Activities
Net cash flows from financing activities
Net increase (decrease) in cash $1,725
Cash at the beginning of the period 8,215
Cash at the end of the period $9,940

Listed below in random order are line items to be included in the statement of cash flows.

Cash received from the sale of land $8,590
Issuance of common stock 12,925
Depreciation expense 5,435
Increase in account receivable 4,030
Decrease in account payable 1,730
Issuance of long-term notes payable 16,345
Purchase of equipment 39,715
Decrease in inventory 1,445
Decrease in prepaid rent 875
Payment of divivdends 6,310
Net income 11,800
Purchase of treasury stock 2,585

Required:
Prepare the statement of cash flows for ATM software developers using the indirect method. List cash outflows and any decrease in cash as negative amounts. Enter the answer in thousands.

Answers

Answer:

See below

Explanation:

Statement of cash flow for ATM SOFTWARE

• The figures seems to be in thousands already.

Cash flow from operating activities

Net income

$11,800

Increase in Account receivable

($4,030)

Decrease in Account payable

($1,730)

Depreciation expense

$5,435

Decrease in inventory

$1,445

Decrease in prepaid rent

$875

Net cash flow from operating activities

$13,795

Cash flow from investing activities

Sale of land

$8,590

Purchase of equipment

($39,715 )

Net cash flow from financing activities

($31,125)

Cash flow from financing activities

Issuance of stock

$12,925

Long term note payable

$16,345

Purchase of treasury stock

($2,585 )

Payments of dividends

($6,310)

Net cash flow from financing activities

$20,375

Net increase in cash

$1,725

Cash at the beginning

$8,215

Cash at the end

$9,940

Other Questions
A small plant manufactures riding lawn mowers. The plant has fixed costs of GHC48,000 per day and a variable cost of GHC1,400 per unit produced. The mowers are sold for GHC1,800 each. The cost and revenue functions are in that order and , where is the total number of mowers produced and sold each day. How many units must be manufactured and sold each day for the company to break even? Can someone help me with this problem number 4 Please help these are questions from The Tell-Tale Heart4. Speculate - what do you think is the relationship between the old man and the narrator?How do they know each other?Answer:Cite:Explain: Choose the correct word or phrase to complete the sentence to explain human intervention in a machine system.In (blank)machine systems, human intervention is the least used and people are responsible for(blank)First Blank Options-manual-semi-automated-fully-automatedSecond Blank Options -moving material around-periodic maintenance activities -operating the machine Which molecules are in put in photosynthesis write the equation of a line that has a slope of 3x - 4y = 12 and passes through the point (8, 8) define the meaning of democracy The equation below shows the decomposition of lead nitrate. How many molecules of PbO are produced when 11.5 g NO2 is formed?2Pb(NO3 )2 (s) 2PbO(s) + 4NO2 (g) + O2 (g) Semejanzas entre laNoticia y el Reportaje Which rectangle represents dilation by a scale factor of 2 from the rectangle's center? In the term isotonic, the prefix iso- meansA. AboveB. EqualC. BelowD. Pressure What type of decay does Am-241 undergo to become Np-237?a. Alpha decayc. Positron emissionb. Beta decayd. Electron capture How many different keys can be used in a single sort? Smart tips for selling to business customers include all the following except: a. Emphasize various benefits that meet the differing needs and interests of each member of the buying center b. Offer fresh insight and ideas in e-mails and other correspondence c. Develop a marketing mix to satisfy the needs of the organization as well as the needs of individual purchasing managers d. Show appreciation by offering desirable gifts to purchasing managers e. Explain how products and services will reduce the firm's risk PLEASE HELP ME FAST!!!!!!WILL MARK BRAINLIEST!!!!!!!Phillip is ordering an ice cream sundae that consist of ice cream andtoppings. He can get either chocolate or vanilla as his ice cream. For histoppings, he can get either sprinkles, almonds, or hot fudge. How manydifferent ways can Phillip order ice cream? what would the class size be if 30 people represent 40% of the class? Sandra is writing a postcard to her friend Rubn. Read it and answer the questions in complete sentences inSpanishPor fin consigo wmpbelle uitimpos para escribir una postal. Te escribo desde un parque de la ciudad. Hoytengo ganas de descansar. Daniel y yo pensamos ir al museo y yo despus quiero almorzar en un pequeocaf que hay en la plaza Mayor. Laura y Sebastin van a pasear por el centro. Todos tenemos que volvera las siete al hotel porque maana vamos de excursin. Vamos a escalar unas montaas. Daniel dice queson muy bonitas,Y t, cmo ests? Supongo que bien. Por ahora te digo adis, pero hablamos pronto.Un beso,Sandra6. Por qu puede Sandra escribir la postal?7. Dnde est Sandra?8. Qu quiere hacer ella?9. Qu van a hacer Sandra y Daniel?10. Dnde va a comer Sandra?11. Qu piensa Daniel de las montaas? what expressions are equivalent to 10 - 12 Mutation please help. IF YOU WANT POINTS HERE YOU ARE!!! ANSWER THE QUESTIONS IN THE PICTURE!!!!