Answer:
there is no opportunity cost
Explanation:
Opportunity cost occurs when the transferring division has to forego its supply to the external market by supplying internally due to capacity limitation.
Since the Orange division has enough capacity to produce 10,000 units, it has excess capacity to meet the 2,000 units required by the Colter division without affecting is current supply of 8,000 units to the external market.
Thus there is no opportunity cost under the current circumstances.
Rose Holcomb is the CEO of Holcomb Engineering, a small but growing firm. She believes that the talents and abilities of her company’s employees are underutilized and wants to bring someone into the organization who can help her devise more effective human resource strategies. Thus, she has decided to hire her firm’s first human resource manager. Rose’s decision:
Answer: there will be a boost in the effectiveness of the workers and effectiveness utilization of their potentials. This is vital for the growth of the company and for the company to boost its profit and also gain competitive advantage over its competitors.
Explanation:
From the question, we are informed that Rose Holcomb is the CEO of Holcomb Engineering, a small but growing firm and she believes that the talents and abilities of her company’s employees are underutilized and therefore she decided to hire her firm’s first human resource manager who can help her devise more effective human resource strategies.
The likely result of this decision by Rose is that there will be a boost in the effectiveness of the workers and effectiveness utilization of their potentials. This is vital for the growth of the company and for the company to boost its profit and also gain competitive advantage over its competitors.
Jamal has been the sales representative for the western region for ten years, calling on the same customers repeatedly. Other companies have brought in reps from their home countries, but Jamal finds his customers prefer to deal with him. Jamal demonstrates qualities associated with
Answer: Relationship marketing
Explanation:
Relationship marketing is a form of marketing whereby emphasis is placed on the satisfaction and retention of the customers and not really on sales transactions. In relationship marketing, the main goal of the organization is having a long term engagement with th customer.
Jamal has qualities that are associated with relationship marketing which is the reason why the customers like dealing more with him as their satisfaction and long term engagement is his priority.
If a firm gives all international assignments to people without disabilities, assuming they will therefore not require special accommodations, which type of workplace discrimination has occurred
Answer:
Disprate treatment
Explanation:
This type of work place discrimination is disparate treatment. This is a type of illegal Employee treatment. It has to do with treating an employee differently from other employees in the same job situation, based on a particular characteristics. By giving all international assignment to people without disabilities, this is an intentional employee discrimination.
Federal laws has a prohibition on job discrimination based on disabilities.
Macroeconomics: Group of answer choices is concerned with the expansion of a small business into a large corporation. analyzes mergers and acquisitions between firms. is narrower in scope than microeconomics. is concerned with the expansion and contraction of the overall economy.
Answer:
is concerned with the expansion of a small business into a large corporation
Macroeconomics is the study of the economy as a whole. It studies aggregate variables: economic variables like employment or inflation, but in a large scale.
Because large corporations tend to have a big effect on the overall economy of the regions where they operate, macroeconomics is naturally concerned with them.
Is concerned with the expansion and contraction of the overall economy.
Macroeconomics, as the study of the economy as a whole, is concerned with how the overall economy behaves in time.
Keyser Beverage Company reported the following items in the most recent year.
Net income $44,500
Dividends paid 6,220
Increase in accounts receivable 11, 290
Increase in accounts payable 7,890
Purchase of equipment (capital
expenditure) 9,400
Depreciation expense 6,890
Issue of notes payable 24,960
Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Answer and Explanation:
The computation of net cash provided by operating activities is shown below:-
Keyser Beverage Company
Statement of Cash Flows
Particulars Amount
Cash Flow from Operating Activities:
Net Income $44,500
Adjustments to reconcile net income
Depreciation $6,890.00
Increase in Accounts receivable -$11,290
Increase in Accounts payable 7,890 $3,490
Net Cash Flow From Operating Activities a $47,990
Cash Flow from Investing Activities
Purchase of Equipment -$9,400
Net Cash Flow From Investing Activities b -$9,400
Cash Flow from Financing Activities
Issue of note payable $24,960
Dividend paid -$6,220
Net Cash Flow From Financing Activities c $18,740
Net Change in Cash (a + b + c) $57,330
Free Cash flow = Net cash provided by operating activities - Purchase of equipment - Dividend paid
= $47,990 - $9,400 - $6,220
= $32,370
A stairwell in a certain office building is always congested at 12:00 p.m. and 2:00 p.m. The congestion is so bad that people have been complaining to the building's owner. Which of the following methods would be the most efficient way of reducing congestion?
a. Assign each person in the building a time when they are allowed to use the stairwell.
b. Encourage people to voluntarily keep off the stairwell during peak times.
c. Charge everyone who uses the stairwell when it is congested the same fee which is high enough to discourage some people from using the stairwell during peak times. People who value the use of the stairs the most will be the ones who use the stairwell at peak times.
d. Hold a lottery to determine who wins the right to use the stairwell at peak times.
Answer:
The correct answer is:
Charge everyone who uses the stairwell when it is congested the same fee which is high enough to discourage some people from using the stairwell during peak times. People who value the use of the stairs the most will be the ones who use the stairwell at peak times. (c)
Explanation:
If everyone who uses the stairwell at peak times is charged a fee for usage, this will help to reduce the number of people using the stairs at such times because the only people willing to pay such fees will be priority users, who gain value out of the use of the stairs at such times, other will be forced to limit the use of the stairs at the peak times.
The other options (a, b and d) are not valid options because they will negatively affect priority users if the stakes do not fall in their favour, hence will not be efficient ways of controlling the congestion.
Subcontracting means____. a. Using government programs b. Hiring other firms to do the work c. Offering employment contracts d. Hiring full time permanent employees
Answer:
b. Hiring other firms to do the work
Explanation:
Subcontracting is the practice of hiring or outsourcing, part of the obligations , duties and work under a contract to another firm. this firm is known as a subcontractor
if there are diminishing returns to labor , then as more workers are hired the total amount produced by all of the workers will decrease .
Answer:
Diminishing returns to labor
"if there are diminishing returns to labor , then as more workers are hired the total amount produced by all of the workers will decrease."
The above statement is not correct.
The total amount produced by all of the workers will not decrease. It will increase, but the increase will not be as much as it was before the continued increase in labor because of the law of diminishing returns.
Explanation:
The law of diminishing returns to labor explains that the marginal increase in total output will not be the same as it was before the increase because one of the inputs in production, like capital is kept constant, while labor is being continuously increased. The reason for this is that the capital assets will not be enough for the increasing population of labor when the entity has reached its full capacity. Unless capital assets (capacity) is increased as labor is increased, there will reach a point when the production per labor will start to decrease instead of increasing, but the total production will continue to increase.
In Economics, the law of diminishing returns holds that if one input is held constant (capital) while other inputs ( e.g. labor) are being increased, a point is reached when the additional inputs yield smaller output or diminishing returns relative to the increasing inputs. This law is also called the principle of diminishing marginal productivity. This principle teaches managers to be aware that if they want to achieve total increases in productivity, it is not only one input that should be increased, especially after a point.
Farmer Jones is producing wheat, and must accept the market price of $6.00 per bushel. At this time, her average total costs and her marginal costs both equal $8.00 per bushel. Her average variable costs are $5 per bushel. In choosing her optimal output, farmer Jones should:
Answer:
sell more
Explanation:
A major reason why many economists remain critical of the infant industry argument is because it makes the domestic industry inefficient. does not provide guaranteed employment for citizens. affects the standards of living and per capita income of the people. promotes foreign direct investment. leads to reduced prices in domestic markets.
Answer: It makes the domestic industry inefficient.
Explanation:
The Infant Industry argument is that developing countries should be allowed to impose tariffs on goods that an infant industry in the country is producing. This is because developing countries need to develop by diversifying their Economy and starting new industries is the way to do it. However, those industries might be doomed to failure from the start if they have to face established companies from outside the country.
Even though some Economists support this idea, there is a general worry that because of the protection afforded to the industry, they may become inefficient because they will lack the competition to spur them to develop strategies that will keep them competitive against other companies.
About half of logisticians work in what industries or fields?
O A. Manufacturing and government
O B. Education
C. Science and industry
O D. Retail and wholesale
Answer:
A. Manufacturing and government
Explanation:
The logistician's reviews the activities that are related to purchasing, inventory, transportation, warehousing of materials, etc
According to the given situation as it is mentioned that half of the logisticians work in manufacturing and government fields as it captures most of the market or we can say most of the states, country
Therefore the correct option is A.
Answer:a
Explanation:
Steadigen Company sells two generators long dash Model A and Model Blong dashfor $ 432 per unit and $ 410 per unit, respectively. The variable cost of Model A is $ 404 per unit and of Model B is $ 304 per unit. If Steadigen Company's sales incentives reward sales of the goods with the highest contribution margin per unit, the sales force will be motivated to push sales of Model A more aggressively than Model B.What is the breakeven in units for Model A and Model B.
Answer:
False
Explanation:
Contribution margin per unit = Sales - variable cost
Contribution margin per unit (Model A) = $432 - $404
Contribution margin per unit (Model A) = $28 per unit
Contribution margin per unit (Model B) = $410 - $304
Contribution margin per unit (Model B) = $106 per unit
False, Contribution margin per unit (Model B) is higher so, motivated to push sales of Model A will be false.
Break-even in units = Fixed cost / Contribution margin per unit
Break-even in units (Model A) = Fixed cost / $28
Break-even in units (Model B) = Fixed cost / $106
Bullie Jean has $1.20 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music while working out. Both the amplifier and the mp3 player cost $120, so she can only buy one. This illustrates the basic concept that:__________.
a. trade can make everyone better off.
b. people face trade-ofts.
c. rational people think at the margin.
d. decisions made at the margin are not particularly important .
Answer: b. people face trade-offs
Explanation:
From the question, we are informed that Bullie Jean has $120 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music while working out.
We are further informed that the amplifier and the mp3 player cost $120, each and so she can only buy one. This shows that people face trade offs and have to make a choice regarding some decisions. Here, an opportunity cost will be the one that she didn't buy at the expense of the other.
Finding a place to live in Mumbai, India, has been getting harder these days for people who are not vegetarians. Vegetarianism is a centuries-old custom among the Indian population, but the requirement is becoming more obvious as non-vegs are being segregated from vegs. This is important consumer information to a McDonald's franchisee and reflects how __________ shapes consumer behavior.
Answer:
Geographic segmentation
Explanation:
Geographic segmentation can be defined as the way in which the customers you serve in a particular area has different preferences or desire based on where they are located and Its also involves the grouping of potential customers by either country, state, city or neighborhood.
Geographic segmentation is a marketing reason been that GEOGRAPHIC SEGMENTATION target products to people who live or shop in a specific location and also help to group these customers based on where they live.
For example a Shoe manufacturing company who decide to target their customers who live in warm climates where shoes don't need to be equipped for the snowy weather in which the marketing platform might decide to focus their marketing efforts around either the urban area or the city centers where their target customer is likely to work.
Therefore based on the information given This is important consumer information to a McDonald's franchisee and reflects how GEOGRAPHIC SEGMENTATION shapes consumer behavior.
Weyerhaeuser Incorporated has a balance sheet that lists $81 million in assets, $53 million in liabilities, and $28 million in common shareholders' equity. It has 1 million common shares outstanding. The replacement cost of its assets is $95 million. Its share price in the market is $47. Its book value per share is _________.
Answer:
Book value per share is $28 per share
Explanation:
The book value of a share is arrived at by dividing the total number of shares by the net book value of its net assets. Note that this method of share valuation is based on the historical cost concept.
Book value per share = Net assets/Number of shares
Net assets = total assets - total liabilities
DATA:
total assets- 81 million
Total liabilities - $53 million
Number of shares - 1 million units
Net Assets = $81 million - $53 million= $28 million
Book value per share = Net assets/Number of shares
=$28 million/1 million units
= $28 per share
Book value per share is $28 per share
It costs Mackey Company $22 of variable cost and $15 of fixed costs to produce one Panini press, which normally sells for $57. A foreign wholesaler offers to purchase 1,000 Panini presses at $35 each. Mackey would incur special shipping costs of $5 per press if the order were accepted. Mackey has sufficient unused capacity to produce the 1,000 Panini presses. If the special order is accepted, what will be the effect on net income
Answer:
Effect on income= $8,000 increase
Explanation:
Giving the following information:
Production costs:
Variable= $22
A foreign wholesaler offers to purchase 1,000 Panini presses at $35 each. Mackey would incur special shipping costs of $5 per press if the order were accepted.
Because it is a special offer that would not affect the current sales, we will not take into account the fixed costs.
Effect on income= total contribution margin
Effect on income= 1,000*(35 - 22 - 5)
Effect on income= $8,000 increase
What part of the cover letter explains how the applicant's qualifications meet the needs of the company?
a. Header
b. Introduction
c. Argument
d. Closing
Please select the best answer from the choices provided
Answer:
c
Explanation:
Candy is trying to decide between two job offers. The compensation package for job A includes a $300 per-month health insurance plan, to which Candy would contribute $95; a $40 per-month life insurance plan; a salary of $65000 per year; and a 5% match on 401(k) contributions. The compensation package for job B includes a $400 per-month health insurance plan, to which Candy would contribute $105; a $50 per-month life insurance plan; a salary of $64000 per year; and a 9% match on 401(k) contributions. Candy plans to contribute $8000 per year to her 401(k) plan, What is the yearly value of health insurance benefit from job A? How about the yearly value of the health insurance benefit from job B?
Answer:
Job A's health insurance benefit = $2,460 per year
Job B's health insurance benefit = $3,540 per year
Explanation:
we have to calculate the net monthly benefits for each health insurance plan offered to Candy = total insurance plan benefit - candy's contribution.
Then we multiply the monthly benefit by 12 months to find the yearly value.
Job A's health insurance benefit = $300 - $95 = $205 x 12 months = $2,460 per year
Job B's health insurance benefit = $400 - $105 = $295 x 12 months = $3,540 per year
The difference between the cost to make a good and the price is the: A. Elasticity Curve B. Profit C. Supply Curve D. Demand Margin
Answer:
B. Profit
Explanation:
I hope this helps :)
Contra entry is recorded in?
On December 31, Briar Co. disposed of a piece of equipment that cost $6,000 with accumulated depreciation of $4,500. The entry to record this disposal would include a debit to which account and for how much
Answer:
Loss on disposal of Equipment for the amount of $1,500
Explanation:
Based on the above information given the entry to record the disposal would include a debit to LOSS ON DISPOSAL OF EQUIPMENT account for the amount of $1,500 calculated as:
December 31
Disposed Equipment of $6,000- Accumulated Depreciation of $4,500 =$1,500
Hence , $1,500 will be the amount of loss on disposal of the Equipment.
Senator Brown wants to increase taxes on people with high incomes and use the money to help the poor. Senator Johnson argues that such a tax will discourage successful people from working and will therefore make society worse off. An economist would say that
Answer:
a good decision requires that we recognize both viewpoints
Explanation:
Based on this information it can be said that an economist would most likely state that a good decision requires that we recognize both viewpoints. That is because every decision will affect everyone, but some individuals will be affected positively while others will be affected negatively. Therefore trying to recognize the viewpoint of both sides will allow for decisions that are as fair as possible to both sides.
Jimmy, the marketing manager for an automobile manufacturer, observes frequent conflicts between two of his subordinates, Trent and Luke. He asks the human resource department to help, and the department's training manager, Emily, investigates. She tells Jimmy that the two subordinates lack interpersonal communication skills but would be likely to improve with proper training. This scenario suggests that Emily has conducted a(n)
Tony notes that an electronics store is offering a flat $20 off all prices in the store. Tony reasons that if he wants to buy something with a price of $50, then it is a good offer, but if he wants to buy something with a price of $500, then it is not a good offer. This is an example of
Answer:
A. inconsistent reasoning; saving $20 is saving $20
Explanation:
As it is mentioned in the question that the electronic store offering a flat $20 off for all prices in the store
Now if Tony chooses with a price of $50 so it would be good offer but for $500 it won't be a good offer as if he invested large value of amount and in return he gets only $20 off which is not a good deal of course.
Therefore this given situation sets an example for inconsistent reasonings
Hence, the correct option is A.
The following production data were taken from the records of the Finishing Department for July: Inventory in process, July 1, 40% completed 4,000 units Transferred to finished goods during July 37,500 units Ending work in process during July, 20% completed 3,500 units Determine the total equivalent units for direct materials, assuming that the first-in, first-out method is used to cost inventories. Assume that all direct materials are placed in the process at the beginning of production.
Answer:
37,000 units
Explanation:
The computation of the total equivalent units for direct material is shown below:
= Transferred to finished goods during the month of July + Ending work in process during the month of July - Inventory in process as on July 1
= 37,500 units + 3,500 units - 4,000 units
= 41,000 units - 4,000 units
= 37,000 units
We simply used the above formula so that the total equivalent units for direct materials using the FIFO method could come
he following selected account balances appeared on the financial statements of Sanchez Company: Accounts Receivable, January 1 $13,000 Accounts Receivable, December 31 9,000 Accounts Payable, January 1 4,000 Accounts Payable, December 31 7,000 Inventory, January 1 10,000 Inventory, December 31 15,000 Sales 62,000 Cost of Goods Sold 31,000 Sanchez Company uses the direct method to calculate net cash flow from operating activities. Cash received from customers is
Answer:
Cash received from customers is $66,000.
Explanation:
Cash Received from Customers is determined by opening a Total Accounts Receivables T- Account as follows :
Total Accounts Receivables T- Account
Debit :
Opening Balance $13,000
Sales $62,000
Totals $75,000
Credit:
Closing Balance $9,000
Cash (Balancing figure) $66,000
Totals $75,000
Conclusion:
Cash received from customers is $66,000.
BMW is ________ the customer experience when it offers 500 side-mirror combinations, 1,300 front bumper combinations, and 9,000 center-console combinations and provides new buyers a video link to watch their car being "born" while waiting for delivery.
Answer:
Personalizing
Explanation:
By making such offers while customers are waiting for delivery, BMW is personalizing the customer experience.
When we say Personalizing the customer experience we are talking about making designs or producing services and products that meets the customer's requirements individually
An Investment Adviser Representative has started a blog on the Internet to promote her services to interested parties. The blog discloses that the IAR is associated by DEF Advisers, an RIA registered in the State where the IAR is also registered and conducts business. Which statement is TRUE about this
Answer: The move by her is wrong and goes against the ethics of the institution.
Explanation:
The move by the Investment Adviser Representative is wrong because she goes against the ethics of what the institution holds. The IAR must approve her contents and her blog before she can publicize contents on the blog or promote anything on the blog. Since she belongs and registered with the organization, the right thing would have to done or she'll be brought to book by the institution.
Carolina works for a large New Mexico ski equipment warehouse. In the past, her only chance to learn how she was doing on the job came during performance reviews with her boss twice a year. The company recently implemented a policy designed to give her and other employees detailed information about their job performance on a monthly basis. This suggests that the company now provides Carolina and her co-workers with more:___________
Answer:
More feedback
Explanation:
Remember, feedback from employers allow employees make needed changes. In this case, the New Mexico ski equipment warehouse has realized the benefits of giving feedback and thus implemented a policy designed to give employees detailed information about their job performance on a monthly basis.
Overall, such regular feedbacks to employees about their job performance improves employee motivations and performance.
The brokers of Greater Gulf Realty and Brackish Bay Realty agreed to only work with clients near their own offices to allow each to be able to get more fees per home sold. This is illegal and an example of?
Answer:
"Market allocation " would be the correct answer.
Explanation:
The expression 'market allocation' has been used to refer to something like a form of horizontal trading relationship where various companies collaborate to a conceptual model to limit the individual business-related activities to similar aspects such as temporary groups, defined geographical regions, and sometimes even respective customer groups.This arrangement is commonly a form of the contract during which the participants distribute the marketplace between itself.So that the given scenario is the example of Market allocation.