Answer:
Pepper Department Store
The total advertising expense allocated to Department B is:
= $24,000.
Explanation:
a) Data and Calculations:
Expense Basis for allocation Amount
Rent Square feet of floor space $ 49,000
Advertising Amount of dollar sales $ 80,000
Administrative Number of employees $ 120,000
Department Square Feet Dollar Sales Number of employees
A 5,500 $ 355,000 31
B 5,900 $ 375,000 33
C 6,100 $ 520,000 35
Totals 17,500 $ 1,250,000 99
Advertising Expense Allocation:
Department A = $22,720 (355,000/$1,250,000 * $80,000)
Department B = $24,000 ($375,000/$1,250,000 * $80,000)
Department C = $33,280 ($520,000/$1,250,000 * $80,000)
You are offered the following investments: You can invest $500 today and receive $600 in 5 years. The investment is low risk. You can invest the $500 in a bank account paying 4%. What is the implied interest rate for the first choice, and which investment should you choose
Answer:
500
Explanation:
Vaughn Company has the following equivalent units for July: materials 15340 and conversion 17700. Production cost data are: Materials Conversion Work in process, July 1 $ 8700 $ 3100 Costs added in July 68000 50000 The unit production costs for July are: Materials Conversion Costs
Answer:
Vaughn Company
The unit production costs for July are:
Materials Conversion
Cost per equivalent unit $5 $3
Explanation:
a) Data and Calculations:
Materials Conversion
Beginning WIP $ 8,700 $ 3,100
Costs added in July 68,000 50,000
Total production costs $76,700 $53,100
Equivalent units for July 15,340 17,700
Cost per equivalent unit $5 $3
b) The materials and conversion costs per equivalent unit are the dividends resulting from the division of the total production costs for materials and conversion by their respective total equivalent units of production.
During a job interview, Dario was unable to answer the interviewer's final question because it was slightly technical and he did not know the answer. He is worried that this one answer may cost him the job even though the rest of the interview went well. To possibly salvage his situation, Dario should
Answer:
He should restate a positive point that he would like the interviewer to know.
Explanation:
In an interview it is very important to create an impression that one can recover from a negative situation and stay positive.
In the given scenario where Dario was unable to answer the interviewer's final question because it was slightly technical and he did not know the answer, the way to express positivity is to restate a positive point that he will like the interveiwer to know.
In the interviewer's mind the conversation will now end on a positive note.
Supply-side deflation caused by productivity growth is _______ likely to have harmful consequences than demand-side deflation because it is ______ disruptive to labor markets.
Answer: more; more
Explanation:
Supply-side deflation caused by productivity growth is more likely to have harmful consequences than demand-side deflation because it is more disruptive to labor markets.
Supply side deflation caused by productivity growth means that the prices of goods and services are falling because producers are producing more than there is a demand for and so prices have to be cut in order to get people to buy more.
This will have harmful effects on the labor markets because companies would have to reduce the number of people they hire in order to maintain some sort of profitability thereby increasing unemployment in the country.
An issue of common stock currently sells for $52 per share, has an expected annual dividend to be paid at the end of the year of $0.90 per share, and has an expected growth rate to infinity of 5% per year. The expected rate of return on this security is:______
Answer: 6.73%
Explanation:
The expected rate of return will be calculated by using the formula:
Po= D1 / ( Ke – g )
Where,
Po = Current Price of the stock = $52
D1 = Expected dividend = $0.90
Ke = Expected rate of Return
g = Expected growth rate = 5% = 0.05
We'll then slot in the values into the equation. Therefore,
52.00 = 0.90 / (Ke – 0.05 )
(Ke – 0.05 ) = 0.90 / 52.00
(Ke – 0.05 ) = 0.01731
Ke = 0.05 + 0.01731
Ke = 0.06731
Ke = 6.73%
Therefore, the expected rate of return on this security is 6.73%.
Capital budgeting is the process of analyzing: Group of answer choices Cash outflows only. Investments with certain outcomes only. Short-term investments. Operating revenues. Long-term investments.
Answer:
Long-term investments.
Explanation:
Capital budgeting can be regarded as process that is been utilized by business in determining the type proposed fixed asset purchases that need to be declined or should be accepted. This process helps in creating quantitative view as regards the proposed fixed asset investment, so that rational basis to make make a judgment can be surfaced. It should be noted that Capital budgeting is the process of analyzing Long-term investments.
"The Marlene Doll Co. uses a process costing system. Consider the following data for Dept. A. UNITS: W-1-P Nov. 1: 8,000 units, 100% completed for direct material 75% completed for conversion costs Started in November: 10,000 units Transferred to Dept B: 12,000 units W-1-P Nov. 30: 6,000 units, 100% completed for direct material 50% completed for conversion costs COSTS: W-1-P Nov. 1: Direct Materials $9,600 Conversion 4,800 Costs added in November: Direct Material $15,600 Conversion 14,400 a) Use the WEIGHTED AVERAGE method. Prepare a complete process costing schedule for Dept. A for November. Prepare a set of summarized journal entries for all November transactions affecting work-in-process, Dept A including the transfer to Dept B. Overhead was allocated at 400% of direct labor costs. Show all computations. b) Use the FIFO method. Prepare a complete process costing schedule for Dept. A for November. Show all computations."
Answer:
The Marlene Doll Co.
Weighted-AVerage Method
Cost of production:
COSTS: W-1-P Nov. 1: $9,600 $4,800
Costs added in November: 15,600 14,400
Total costs for the month $25,500 $19,200
Equivalent units of production:
Units Materials Conversion
Transferred to Dept B: 12,000 12,000 12,000
W-1-P Nov. 30: 6,000 6,000 3,000
Equivalent units 18,000 15,000
Cost per equivalent units:
Materials Conversion
Total costs for the month $25,500 $19,200
Equivalent units 18,000 15,000
Cost per equivalent unit $1.42 $1.28
Costs assigned to:
Units Transferred to Dept B: $17,040 $15,360 $32,400
(12,000 *$1.42) (12,000 * $1.28)
W-1-P Nov. 30: 8,520 3,840 12,360
(6,000 *$1.42) (3,000 * $1.28)
Total costs assigned $25,560 $19,200 $44,760
FIFO Method
Equivalent units of production:
Units Materials Conversion
W-1-P Nov. 1: 8,000 0 (0%) 2,000 (25%)
Units started & completed: 10,000 10,000 10,000
W-1-P Nov. 30: 6,000 6,000 3,000
Equivalent units 16,000 15,000
Cost per equivalent units:
Materials Conversion
Total costs for the month $15,600 14,400
Equivalent units 16,000 15,000
Cost per equivalent unit $0.975 $0.96
Costs assigned this month to:
Work-in-Process $0 $1,920 $1,920
(0 *$0.975) (2,000 * $0.96)
Units completed $9,750 $9,600 $19,350
(10,000 *$0.975) (10,000 * $0.96)
W-1-P Nov. 30: 5,850 2,880 8,730
(6,000 *$0.975) (3,000 * $0.96)
Total costs assigned $15,600 $14,400 $30,000
Total costs of:
Units transferred out $19,350 $16,320 $35,670
W-1-P Nov. 30: 5,850 2,880 8,730
Total costs $25,200 $19,200 $44,400
Explanation:
a) Data and Calculations:
Dept. A. UNITS:
Units Materials Conversion
W-1-P Nov. 1: 8,000 100% 75%
Started in November: 10,000
Transferred to Dept B: 12,000 100% 100%
W-1-P Nov. 30: 6,000 100% 50%
Suppose that a decrease in the demand for goods and services pushes the economy into recession. What happens to the price level? If the government does nothing, what ensures that the economy still eventually gets back to the natural rate of output?
If the currency in circulation is $500 billion, the required reserve ratio is 5 percent, checkable deposits are $700 billion, and excess reserves total $10 billion, then the money multiplier for the M1 is
Answer:
2.35
Explanation:
The computation of the money multiplier for the M1 is shown below:
As we know that
Money supply(M1) = Currency in circulation + Checkable deposits
M1 money supply is = $500 billion + $700 billion
= $1,200 billion
Now the M1 money multiplier is
We know that
Money multiplier = Money supply ÷ Monetary base
where,
Monetary base = Currency in circulation + Bank excess reserves
= $500 billion + $10 billion
= $510 billion
We know that,
Money multiplier = Money supply ÷ Monetary base
= $1,200 ÷ $510
= 2.35
Drag each tile to the correct box.
Match each type of social media to its description.
allows users to provide short
updates to followers
connects individuals with common
relationships or interests
creates a space for individuals to
share knowledge on a specific topic
social network
arrowRight
discussion forum
arrowRight
microblogging
arrowRight
Reset Next
Answer:
1. Microblogging.
2. Social network.
3. Discussion forum.
Explanation:
1. Microblogging: it is an online platform or web resource designed and developed to avail end users with the opportunity to provide short updates to followers. One of the most commonly used microblogging platform in the world is Twi-tter. Others include Tumblr, Pinterest, WordPress, blog etc.
2. Social network: it is a software application, online platform or web resource designed and developed to connect individuals with common relationships or share similar interests. Face-book is one of the most widely used social network in the world today. Other social network include You-Tube, Hangout, Insta-gram, etc.
3. Discussion forum: it is an online platform or software application designed and developed to create a space for various individuals, especially registered members to share knowledge on a specific topic ranging from sports, education, comedy, movies, jobs, politics, romance, crime, books, food, etc. Some examples of discussion forum are Reddit, nairaland, etc.
Answer:
social network - connects individuals
discussion forum - creates a space
microblogging - allows users
plato
Barbara's Baskets Company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. There are 4,000 baskets in beginning finished goods inventory with target ending inventory of 9,000 baskets. The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 2019 budgeted income statement
Answer:
Sales revenue= $150,000
Explanation:
Giving the following information:
Barbara's Baskets Company expects to manufacture and sell 30,000 baskets in 2019 for $5 each.
The sales revenue is calculated as follow:
Sales revenue= number of units sold*selling price per unit
Sales revenue= 30,000*5
Sales revenue= $150,000
Digby's Elite product Dug has an awareness of 72%. Digby's Dug product manager for the Elite segment is determined to have more awareness for Dug than Andrews' Elite product Able. She knows that the first $1M in promotion generates 22% new awareness, the second million adds 23% more and the third million adds another 5%. She also knows one-third of Dug's existing awareness is lost every year. Assuming that Able's awareness stays the same next year (77%), out of the promotion budgets below, what is the minimum Digby's Elite product manager should spend in promotion to earn more awareness than Andrews' Able product
Explanation:
would you still like me to help you with this question
She knows that the first $1M in promotion generates 22% new awareness, the second million adds 23% more and the third million adds another 5%.
What is a promotion?Promotion in marketing is any sort of marketing communication that aims to persuade target audiences of the relative qualities of a given good, service, idea, or brand.
This place can be either cognitive or emotional. Promoting a product or service is intended to raise brand awareness, spark interest, enhance sales, or foster brand loyalty.
One of the fundamental components of the market mix, which also consists of the four Ps (product, pricing, location, and promotion), is this. It aids marketers in establishing a memorable spot in clients' minds.
Promotion includes the communication strategies a marketer does to spread knowledge about its goods. Visual and verbal information can both be conveyed.
One of the components of the promotional mix or promotional plan is promotion. These include event marketing, exhibits, and trade shows, as well as personal selling, advertising, sales promotion, direct marketing, publicity, and word of mouth.
A promotional strategy outlines the importance of each component of the promotional mix as well as how much of the budget should be devoted to each component.
Learn more about promotion, here
https://brainly.com/question/20472836
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Given the following values of economic aggregates as a percentage of GNP in the U.S. Find the current account balance and the financial (capital) account balance assuming that statistical discrepancy is zero.
Unilateral Transfers = - 1.5%
Exports = 2.2%
Imports = 4.3%
Investment = 16%
Taxes = 12%
Government Exp. =. 17%
Private Saving. = 12%
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During February, $75,150 was paid to creditors on account, and purchases on account were $96,190. Assuming the February 28 balance of Accounts Payable was $32,310, determine the account balance on February 1.
Answer:
$45,000
Explanation:
Given the above information, the account balance on February 1 is computed below;
Balance of account payable Feb 28 + Cash paid to creditors in February - Purchases on account
= $59,900 + $186,500 - $201,400
= $45,000
Therefore, the account balance on February 1 is $45,000
Synthetic clothing releases fibers during the washing process, which then end up poisoning rivers, lakes, and oceans. Fish and other wildlife consume the microfibers, accumulating toxins in their bodies that can become concentrated as they travel up the food chain. The production of synthetic clothing is an example of market failure due to:___________
a) the nature of public goods.
b) asymmetric information
c) external costs
d) misinformation
Answer:
c) external costs
Explanation:
The production of synthetic clothing represent the example of the external cost as the external costs is the cost that are spend by an individual or firm in which the outcome of an economic transaction that are indirectly included. In this the cost could occurs from both the production and the consumption
So as per the given situation, the option c is correct
a project has a beta of 1/07, the risk free rate is 2.1% and the market risk premium is 8.4% the projected expected rate o return is
Answer:
11.09%
Explanation:
Correct word is "a project has a beta of 1.07, the risk free rate is 2.1% and the market risk premium is 8.4%.The project expected rate of return is?"
As per CAPM, Expected rate of return = Risk free rate + (Beta*Market risk premium)
Expected rate of return = 2.1% + (1.07*8.4%)
Expected rate of return = 2.1% + 8.99%
Expected rate of return = 11.09%
So, the project expected rate of return is 11.09%.
Hide or show questions Progress:10/40 items Roman Industries' plant operates five days per week with a daily payroll of $6,000. Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month is Wednesday, March 31. What is the amount of Wages Expense recorded on the next payday, Saturday, April 3
Answer:
$12,000
Explanation:
Calculation to determine the amount of Wages Expense recorded on the next payday, Saturday, April 3
Wages Expense =$6,000*2days
Wages Expense = $12,000
Therefore the amount of Wages Expense recorded on the next payday, Saturday, April 3 will be $12,000
In cost-volume-profit analysis, the unit contribution margin is: Group of answer choices Sales price per unit less unit total cost per unit. Sales price per unit less unit fixed cost per unit. Sales price per unit less total variable cost per unit. )Sales price per unit less cost of goods sold per unit. The same as the contribution margin ratio.
Answer: Sales price per unit less total variable cost per unit.
Explanation:
Cost-volume-profit analysis works by dividing the expenses faced by a business in the production and/ or selling of goods into fixed and variable costs.
To calculate the contribution margin in such a scenario, the Total variable cost incurred per unit is deducted from the sales price per unit. From this figure, the fixed cost can then be subtracted to find the operating income per unit.
If one wants to find the breakeven volume, you can divide the Fixed assets by the Contribution margin.
On December 31, 2020, Dow Steel Corporation had 610,000 shares of common stock and 31,000 shares of 9%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash dividends of $410,000 and $70,000 to common and preferred shareholders, respectively, on December 15, 2021. On February 28, 2021, Dow sold 63,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were retired on July 1. Dow's net income for the year ended December 31, 2021, was $2,150,000. The income tax rate is 25%.
Required:
Compute Dow's earnings per share for the year ended December 31, 2021.
Answer:
$3.02 per share
Explanation:
The computation of the earning per share is shown below:
we know that
Earnings per share = (Net income - preferred dividend) ÷ Weighted average outstanding common shares
= ($2,150,000 - $70,000) ÷ 688,000 shares
= $3.02 per share
Date Particulars No. of shares
01/01-31/12 610000 × 12 ÷ 12 (610000 × 1.04) $634,400
28/02-31/12 63000 × 10 ÷ 12 (52500 × 1.04) $54,600
01/07-31/12 (2000) × 6 ÷ 12 -$1,000
Weighted average outstanding common shares 688,000
Which of the following statements is more likely if cash and marketable securities increase by $5,000 during a period in which cash provided by operations increases by $1,000 and cash used by investments decreases by $500?
A) Cash provided by financing increases by S6,500.
B) Cash used by financing decreases by $1,000.
C) Debt increases by more than cash dividends paid.
D) Debt is reduced by more than cash dividends paid.
Answer:
C) Debt increases by more than cash dividends paid
Explanation:
Based on the information given the statements that is more likely based on the below calculation will be : DEBT INCREASES BY MORE THAN CASH DIVIDENDS PAID reason been that the NET INCREASE IN THE CASH from financing activities was the amount of $4,500
Net Increase In The Cash from financing activities = $5000 - $1000 + $500
Net Increase In The Cash from financing activities= $4500
Determine the internal rate of return for a project that costs $177,000 and would yield after-tax cash flows of $21,000 per year for the first 5 years, $29,000 per year for the next 5 years, and $42,000 per year for the following 5 years.
Answer:
12.60 %
Explanation:
Using the CF function of a financial calculator the internal rate of return will be calculated as follows :
- $177,000 CF 0
$21,000 CF 1
5 shift Nj
$29,000 CF 2
5 shift Nj
$42,000 CF 3
5 shift Nj
Then
Shift IRR = 12.60 %
therefore,
the internal rate of return for a project is 12.60 %
If the U.S. engages in free trade and the international price of skateboards is $75, it would import _____ skateboards from the rest of the world.
ifthe U.S. engages in free trade and the international price of skateboards is $75, it would import _____ skateboards from the rest of the world.
Explanation:
answer would be 210
Select the behavior that does NOT represent an example of a speaker effectively preparing for a lecture.
a. John types up a copy of his speech in case he has an unexpected moment of stage fright.
b. Eva memorizes her entire speech because she wants to avoid the rigidity of reading off of a piece of paper.
c. Matt has anxiety about giving his speech, so he works on his linguistics homework to distract himself.
d. Molly records herself giving her speech and plays it back to be sure that she is speaking clearly.
Answer:
c. Matt has anxiety about giving his speech, so he works on his linguistics homework to distract himself.
Explanation:
The behavior that represent the examples with respect to the speaker effectively preparing for the lecture are as follows:
a. The john types a copy of his speech where there is non expected moment comes
b. Eva remember her total speech as she want to neglect the rigidity
c, The molly records her speech and she plays it back so to be sure that she speaks clearly or not
So as per the given situation, the option c should be considered
Name four commercial services which are useful to the manufacturer
Answer:
hu
Explanation:
giyughhyyfrfjjtvvhi
There will be a lower equilibrium price and quantity if
O demand increases and supply increases
o demand increases and supply decreases
O demand decreases and supply stays the same
O none of the above
Answer: demand decreases and supply stays the same
Explanation:
The equilibrium price refers to the price whereby the quantity of goods that's demanded and the quantity of goods that's supplied is equal.
On the other hand, the equilibrium quantity is gotten when the quantity of goods demanded and supplied are equal. This is gotten when the demand curve and the supply curve intersects.
It should be noted that there will be a lower equilibrium price and quantity if
In a situation whereby the demand increases and the supply remains the same, the equilibrium quantity and the equilibrium price will increase and vice versa.
whistle works manufacturers safety whistle keychains. They have the following information available to prepare their master budget whistle works sells eafch whistle for $12. It takes .25 direct labor hours to produce each whistle at a cost of $15 per hour. How much will direct labor cost be in December
Answer:
See below
Explanation:
The above information is incomplete. However, similar question will be used.
Project ____ includes identifying project tasks and estimating completion time and costs. Group of answer choices Planning. Scheduling. Monitoring and controlling. Reporting.
Answer:
Project _Planning___ includes identifying project tasks and estimating completion time and costs.
Explanation:
Project Planning is one of the five stages of project management, which starts with project initiation, planning, execution, performance monitoring, and project close. Project scheduling is an activity carried out within project planning. After a project is executed, its performance needs to be monitored, controlled, and finally reported to the project owners to bring it to a successful close.
Income can be earned through:
- A permanent job
- A seasonal job
- All of the above
all of the above
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Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union Pacific (UNP); and transportation logistics services, such as C.H. Robinson Worldwide, Inc. (CHRW). Financial statement information for these three companies follows (in thousands): YRC Union Pacific C.H. Robinson Sales $4,697,500 $19,941,000 $13,144,413 Average total assets 1,824,700 55,159,000 3,436,058 a. Determine the asset turnover for all three companies. Round to one decimal place. YRC Worldwide fill in the blank 1 Union Pacific fill in the blank 2 C.H. Robinson Worldwide fill in the blank 3 b. The ratio of sales to assets measures the number of sales dollars earned for each dollar of assets. The greater the number of sales dollars earned for every dollar of assets, the efficient a firm is in using assets.
Answer and Explanation:
The computation is shown below:
a) Assets turnover
Particulars YRC UNP CH
Sales $4,697,500 $19,941,000 $13,144,413
Average total assets $1,824,700 $55,159,000 $3,436,058
Assets turnover 2.6 0.4 3.8
b. The ratio of sales to assets calculated the sales dollars i.e. earned for each assets. The more the no of sales dollars the more the firm would be considered efficient
In the month of June, a department had 19900 units in beginning work in process that were 75% complete. During June, 90200 units were transferred into production from another department. At the end of June there were 11000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. The equivalent units of production for conversion costs for June were
Answer:
103,500 units
Explanation:
Equivalent units calculation - conversion costs
Completed and transferred units (99,100 x 100 %) = 99,100 units
Ending Work in Process units (11000 x 40%) = 4,400 units
Total Equivalent units = 103,500 units
therefore,
The equivalent units of production for conversion costs for June were 103,500 units