Transactions are typically processed either [A] all together for a defined time window (e.g. end of a day or week) or [B] processed as each transaction occurs. The second method [B] is called ________ processing.

Answers

Answer 1

Answer: real time processing

Explanation:

Real time processing is when transactions are processed as each transaction occurs. In real time processing, the transactions are processed in a little period of time.

Good examples of real-time processing systems are traffic control systems. Real time processing is different from the batch processing which involves when transactions are processed all together for a defined time window.


Related Questions

The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage. In a preliminary study, she observed one of her workers perform this task six times, with the following results:Observation 1 2 3 4 5 6Time (secs) 109 117 117 128 125 129Required:What is the normal time for this task if the employee worked at a 32 percent slower pace than average and an allowance of 14 percent of job time is used?

Answers

Answer:

Standard Time = 206.6 secs

Explanation:

In order to calculate the time for this task if the employee worked at a 32 percent slower pace than average, we need to calculate the normal time first by using the following formula

Normal Time = Average element-time / performance rating

Average element time = Sum of observations / No. of observations

Average element time  = 109 +117 +117 +128 +125 +129 / 6

Average element time = 725/6 = 120.83

Performance rating = 100 - 32 = 68%

Normal Time = 120.83 / 0.68 = 177.7 secs

Standard Time = Normal Time / (1-Allowance)

Standard Time = 177.7 / (1-0.14)

Standard Time = 206.6 secs

a. Using the starting point formula, what is the price elasticity of demand for going from a price of $160 per unit to a price of $140 per unit

Answers

Answer:

Price Elasticity of Demand is -4

Explanation:

We can see the graph and easily calculate the Q1 which is 120 units at P1 $140 and Q2 which is 80 units at P2 $160 price.

The starting point formula for calculating price elasticity of demand is given as under:

Price Elasticity of Demand = (ΔQ / Q2)  /  (ΔP / P2)

Here

ΔQ = Q1 - Q2 = 120 - 80 = 40 units

ΔP = P1  -  P2 = 140 - 160 =   - $20

By putting value in the above equation, we have:

Price Elasticity of Demand = (40 Units / 80 Units)  /  (-$20 / $160)

Price Elasticity of Demand = -4

Price Elasticity of Demand is -4

Calculation of the price elasticity of demand:

Since in the graph it is mentioned that  Q1 which is 120 units at P1 $140 and Q2 which is 80 units at P2 $160 price.

So we know that

Price Elasticity of Demand = (ΔQ / Q2)  /  (ΔP / P2)

where

ΔQ = Q1 - Q2 = 120 - 80 = 40 units

ΔP = P1  -  P2 = 140 - 160 =   - $20

Now

Price Elasticity of Demand

= (40 Units / 80 Units)  /  (-$20 / $160)

= -4

Learn more about demand here: https://brainly.com/question/24557026

On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 15,000, $6 par, common shares. The market price of the common stock is $35 on this date.
Required: 1. 2. & 3. Record the necessary journal entries assuming a small (10%) stock dividend, a large (100%) stock dividend, and a 2-for-1 stock split. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

Answers

Answer:

Sept 1,

DR Stock dividends $52,500  

CR Common stock   $9,000

CR Additional paid in capital   $43,500

Sept 1,

DR Stock dividends $90,000  

CR Common stock  $90,000

 

Sept 1,

No journal entry required.

Workings

Small Dividends

Stock dividends

= 15,000 * 10% * $35

= $52,500

Common stock

= 15,000*10%* $6  

= $9,000

Additional paid in capital

= 52,500 - 9000

= $43,500

Large Dividends

Stock dividends

= 15,000 * $6

= $90,000

Common stock

= 15,000 * $6  

= $90,000

No entry for stock splits.

Indus Corporation pays $100,000 for the trademark rights to a line of soda equipment. After several years, sales for this line of soda equipment are disappointing, and the company estimates the total future cash flows from sales will be only $110,000. The estimated fair value of the trademark is now $60,000. What is the amount of the impairment loss to be recorded

Answers

Answer:

impairment loss = $40,000

Explanation:

In accounting, impairment loss refers to the decrease of an asset's carrying value. In order to calculate the impairment loss, you need to subtract the current market value of the asset from its original carrying value.

impairment loss = carrying value - current market value = $100,000 - $60,000 = $40,000

Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $70,000 or $200,000 with equal probabilities of .5. The alternative risk-free investment in T-bills pays 6% per year. a. If you require a risk premium of 8%, how much will you be willing to pay for the portfolio?

Answers

Answer:

$118,421

Explanation:

first we must calculate the expected value of the risky portfolio = ($70,000 x 0.5) + ($200,000 x 0.5) = $135,000

since your risk premium is 8% and the risk free rate is 6%m then you should discount the expected value by 8% + 6% = 14% to determine its current market price

= $135,000 / (1 + 14%) = $118,421

Garfield Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Activity Budgeted Activity Cost Activity Base Casting $282,600 Machine hours Assembly 150,360 Direct labor hours Inspecting 20,790 Number of inspections Setup 52,150 Number of setups Materials handling 42,770 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 4,990 4,430 9,420 Direct labor hours 4,300 6,440 10,740 Number of inspections 1,440 450 1,890 Number of setups 280 70 350 Number of loads 720 190 910 Units produced 10,000 5,000 15,000 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar.

Answers

Answer:

Casting  = $ 30 per machine hour

Assembly    = $ 14 per labor hour

Inspecting = $ 11 per inspection

Setup  = $ 149 per setup

Materials handling = $ 47per load

Explanation:

Garfield Inc. Manufacturers

Activity            Budgeted Activity Cost              Activity Base

Casting                    $282,600                        Machine hours

Assembly                  150,360                       Direct labor hours

Inspecting                20,790                      Number of inspections

Setup                          52,150                         Number of setups

Materials handling      42,770                          Number of loads

Activity Base         Entry          Dining            Total

Machine hours     4,990           4,430            9,420

Direct labor hours 4,300          6,440            10,740

Number of inspections 1,440      450            1,890

Number of setups    280              70              350

Number of loads       720            190               910

Units produced   10,000           5,000         15,000

Activity            Budgeted Activity Cost              Activity Rate

Casting                    $282,600           $282,600/9420= $ 30 per machine hour

Assembly                  150,360               150,360 / 10,740 = $ 14 per labor hour

Inspecting                20,790                   20,790/1890= $ 11 per inspection

Setup                          52,150                  52,150   /350= $ 149 per setup

Materials handling      42,770                42,770/910= $ 47per load

The formula for  Activity rate = Activity Cost/ Activity Base Cost

In terms of the global value system, when Kodak shifted manufacturing to China, what position did China then take in the system, relative to the U.S.

Answers

Answer: b. Upstream

Explanation:

The Upstream part of a company's value chain is the part closest to the suppliers and the raw materials they supply to the firm while the downstream relates to how the goods are distributed and sold after produced.

As such, the firm's manufacturing plants are closer to its Upstream value chain portion. When Kodak therefore shifted manufacturing to China, it made China more upstream than the United States as China now dealt more with Kodak suppliers and inputs than the US, who were now more downstream as the consumers.

A project management office requiring compliance with standards and procedures that have been adopted is best described as a ________ form of PMO. Authoritative Directive Supportive Controlling

Answers

Answer: Controlling

Explanation:

A project management office (short form - PMO) is a management  organisation that standardizes the project-related controlling processes and facilitates the sharing of resources, techniques, tools, and methodologies. They are the minders of best practices, project status and direction  in a PMO.

Hence, A project management office requiring compliance with standards and procedures that have been adopted is best described as a controlling form of PMO.

You are trying to explain to your friends the importance of using real GDP to measure economic health over time, but some of them still insist that nominal GDP is equally good. Use the data given below to show your friends the difference between real and nominal GDP.

Nominal GDP (millions of dollars)= $10,000
Price Level (GDP Deflector)= 92

Required:
What is real GDP given the nominal GDP and price level (GDP deflator)?

Answers

Answer: $10,869.57

Explanation:

The Nominal GDP is the total amount of final goods and services produced in a country within a period, usually a year. It is calculated using the current year's prices.

Real GDP adjusts the Nominal GDP for price changes by using the price level of a certain base year.

The GDP Deflator is the price level of the current year and can be useful in calculating how much the prices have risen or fallen from the prices of the base year.

The formula is;

(Nominal GDP/Real GDP)*100 = GDP Deflator

Making Real GDP the subject;

Real GDP = (Nominal GDP/GDP Deflator)*100

= (10,000/ 92) * 100

= $10,869.57

What are the most challenging concepts for you to understand? Have you found any supplemental resources or websites that have helped you to better comprehend the material? T- Accounts

Answers

Answer:

finding every form of verbs is difficult. spanishdict is very helpful

Explanation:

www.spanishdict.com

Portfolio managers pick stocks for their clients’ portfolios based on the investment objective of the portfolio and several other factors. One key consideration is each stock’s contribution to portfolio risk and its statistical relationship with the portfolio’s other stocks. Based on your understanding of portfolio risk, identify whether each statement is true or false.

Answers

Answer:

False True True False

Explanation:

First one is false because diversification reduces risk because it divides the risk amongst different securities. The portfolio risk will therefore be lower than the average of all stocks' standard deviations.

Second one is true because unsystematic risk is risk that will come with the type of stock or security purchased. It is usually referred to as diversifiable risk because using negatively correlated stocks can help diversify this risk.

Third one is True because the portfolio's risk when diversified is indeed likely to be smaller than the average of all stocks' standard deviation.

Fourth one is false because portfolio risk is reduced if stock that are negatively correlated are put into a portfolio because it means that when one stock is not doing so well, the other being negatively correlated, will be doing fine.

The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n):

Answers

Answer:

Opportunity costs

Explanation:

The potential benefits lost by taking a specific action when two or more alternative choices are available is known as opportunity costs.

Opportunity cost has to do with losing other alternatives by chosing to go with one alternative. Hence it is also called foregone alternative. It has to do with making a decision or choice to give up something in order to get something else which may be of more value.

The following data are the actual results for Marvelous Marshmallow Company for August:
Actual output 8,000 cases
Actual variable overhead $ 427,000
Actual fixed overhead $ 149,000
Actual machine time 33,400 machine hours
Standard cost and budget information for Marvelous Marshmallow Company follows:
Standard variable-overhead rate $ 12.00 per machine hour
Standard quantity of machine hours 4 hours per case of marshmallows
Budgeted fixed overhead $ 144,000 per month
Budgeted output 12,000 cases per month
Required:
Compute the following variances:
a Variable-overhead spending variance
b. Variable-overhead efficiencv variance
c. Fixed-overhead budget variance
d. Fixed-overhead volume variance

Answers

Answer:

a. $26,200 Unfavorable

b. $16,800 Unfavorable

c. $ 5,000 Unfavorable

d. $48,000 Unfavorable

Explanation:

a Variable-overhead spending variance

Variable-overhead spending variance = Budgeted Variable overheads at actual hours worked - Actual variable overheads

                                                                = (33,400 × $ 12.00) - $ 427,000

                                                                = $400,800 - $ 427,000

                                                                = $26,200 Unfavorable

b. Variable-overhead efficiency variance

Variable-overhead efficiency variance = (Actual Output × Standard hour × Standard rate) - (Actual hours × Standard rate per hour)

                                                                = (8,000 × 4 × $ 12.00) - (33,400 × $ 12.00)

                                                                = $384,000 - $400,800

                                                                =  $16,800 Unfavorable

c. Fixed-overhead budget variance  

Fixed-overhead budget variance  = Actual Fixed Overheads - Budgeted Fixed Overheads

                                                       = $ 149,000 - $ 144,000

                                                       = $ 5,000 Unfavorable

                 

d. Fixed-overhead volume variance

Fixed-overhead volume variance = Fixed overheads at Budgeted Production - Budgeted Fixed Overheads

                                                       = ($ 144,000 / 12,000 × 8,000) - $ 144,000

                                                       = $96,000 - $144,000

                                                       = $48,000 Unfavorable

The table below shows a summary of Kaitlin's credit card statement for the month of February.
Transaction types Amount
Unpaid balance from January (Beginning balance on February 1) $2802.38
Purchases made during the month of February $543.55
Payments made during the month of February $389.60
Complete the parts below. Write your answer to the nearest cent. (a) Suppose the credit card company charges 1.9% monthly interest on the unpaid balance from January. How much interest will this be? (b) What will Kaitlin's unpaid balance be on her March 1 statement? (Assume that this balance will include the interest from part (a), but will not include any interest on her February balance yet.)

Answers

Answer:

A) 32 percent interest B) Yes it will be paid

Explanation:

23 times 42 divided by 7

ou have a $4 million portfolio consisting of a $100,000 investment in each of 20 different stocks. The portfolio has a beta of 1.1. You are considering selling $100,000 worth of one stock with a beta of 0.9 and using the proceeds to purchase another stock with a beta of 1.4. What will the portfolio’s new beta be after these transactions? Show your work

Answers

Answer: 1.108

Explanation:

You have $4 million invested.

You would like to divest $100,000 from a stock with beta 0.9 to the tune of $100,000.

The entire portfolio has a beta of 1.1.

This beta is an average of all the betas in the portfolio.

Proportion of Portfolio to be divested = [tex]\frac{100,000}{4,000,000}[/tex]

= 0.025

Beta of stock to be divested expressed as;

= 0.025 * 1.1

= 0.0275

This will be reinvested in a stock with beta 1.4

Beta of stock to be bought expressed as;

= 0.025 * 1.4

= 0.035

New beta

= 1.1 - 0.0275 + 0.035

= 1.108

Jason Mathews purchased 300 shares of the Hodge & Mattox Energy Fund. Each share cost $15.15. Fifteen months later, he decided to sell his shares when the share value reached $18.10. a. What is the amount of his total initial investment? b. What was the total amount Jason received when he sold his shares in the Hodge & Mattox fund? c. How much profit did he make on his investment?

Answers

Answer:

A.) $4,545 b) $5,430 c) $885

Explanation:

Given the following :

Number of shares purchased = 300

Cost per share = $15.15

Total initial investment :

Number of shares purchased * cost per share

300 * $15.15 = $4,545

B)

Total amount received when he sold his shares :

Amount at which shares was sold = $18.10 per share

Therefore,

Total amount received :

$18.10 * 300 = $5,430

C.)

Profit made on investment :

Amount received when shares was sold - total initial investment

$5,430 - $4,545

= $885

Paul Hyatt owns and operates DeepClean, a Florida-based company that cleans up mold and mildew in homes and businesses. As the sole proprietor of the business, he has unlimited liability, which means:

Answers

Answer:

Paul Hyatt is fully liable for all business debts

Explanation:

Unlimited liability in this scenario, means that Paul Hyatt is fully liable for all business debts. That is because unlimited liability is defined as the full legal responsibility that business owners and partners assume for all business debts, and since Paul Hyatt is a sole proprietor which means that he both owns and runs DeepCleans and there is no legal distinction between him and the business entity, then he is fully liable for debts and profits of DeepClean.

The following information is available for the first month of operations of Lane Inc., a manufacturer of mechanical pencils:

Sales $416,720
Gross profit 242,950
Indirect labor 90,430
Indirect materials 45,220
Other factory overhead 13,750
Materials purchased 128,350
Total manufacturing costs for the period 239,610
Materials inventory, end of period 17,090

Using the above information, determine the following:

a. The cost of finished goods available for sale minus the ending finished goods inventory.Cost of goods sold.
b. The cost of materials that are an integral part of the finished product.Direct materials cost.
c. The wages of factory workers who are directly involved in converting materials into a finished product.Direct labor cost.

Answers

Answer:

a. Cost of goods sold = Sales - Gross profit

= $416,720 - $242,950

= $173,770

b. Direct materials cost = Materials purchased -Indirect materials - Materials inventory, end of period

= $128,350 - $45,220 - $17,090

= $66,060

c. Direct labor cost =Total manufacturing costs for the period - Direct materials cost - Factory overhead

= $239,610 - $66,060 - ($90,430 + $45,220 + $13,750)

= $239,610 - $66,060 - $149,380

=$239,610 - $215,440

=$24,170

Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,100. Budgeted cash receipts total $188,500 and budgeted cash disbursements total $190,200. The desired ending cash balance is $31,100. To attain its desired ending cash balance for January, the company should borro

Answers

Answer: $13,700

Explanation:

From the question, we are informed that Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,100. Budgeted cash receipts total $188,500 and budgeted cash disbursements total $190,200. The desired ending cash balance is $31,100.

To attain its desired ending cash balance for January, the company should borrow $13,700.

The solution has been attached.

The relationship between financial leverage and profitability   Pelican​ Paper, Inc., and Timberland​ Forest, Inc., are rivals in the manufacture of craft papers. Some financial statement values for each company follow .
Item Pelican Paper, Inc. Timberland Forest, Inc.
Total assets $10,900,000 $10,900,000
Total equity (all common) 9900000 5400000
Total debt 1000000 5500000
Annual interest 100000 550000
Total sales 23000000 23000000
EBIT 5750000 5750000
Earnings available for
common stockholders 3394800 3174000
Use them in a ratio analysis that compares the​ firms' financial leverage and profitability.
The debt ratio for Pelican is ​%.
(Round to one decimal​ place.)
The debt ratio for Timberland is ​%.
(Round to one decimal​ place.)
The times interest earned ratio for Pelican is.​
(Round to one decimal​ place.)
The times interest earned ratio for Timberland is.
​ (Round to one decimal​ place.)
Discuss their financial risk and ability to cover the costs in relation to each other. ​ (Select all the answers that​ apply.)
A. Pelican has a much higher degree of financial leverage than does Timberland. As a​ result, Pelican's earnings will be more​volatile, causing the common stock owners to face greater risk.
B. ​Pelican's earnings will be more volatile. This additional risk is supported by the significantly lower times interest earned ratio of Pelican. Timberland can face a very large reduction in net income and still be able to cover its interest expense.
C. ​Timberland's earnings will be more volatile. This additional risk is supported by the significantly lower times interest earned ratio of Timberland. Pelican can face a very large reduction in net income and still be able to cover its interest expense.
D. Timberland has a much higher degree of financial leverage than does Pelican. As a​ result, Timberland's earnings will be more​volatile, causing the common stock owners to face greater risk.

Answers

Answer:

Pelican​ Paper, Inc., and Timberland​ Forest, Inc.

Financial leverage and profitability ratios:

a) Debt Ratio = Total liabilities divided by Total assets x 100

Pelican = $1,000,000/$10,900,000 x 100

= 9.2%

Timberland = $5,500,000/$10,900,000 x 100

= 50%

Times Interest Earned Ratio = EBIT/Interest Expense

Pelican = $5,750,000/$100,000

= 57.5 times

Timberland = $5,750,000/$550,000

= 10.4 times

A discussion of their financial risk and ability to cover the costs in relation to each other:

C. ​Timberland's earnings will be more volatile. This additional risk is supported by the significantly lower times interest earned ratio of Timberland. Pelican can face a very large reduction in net income and still be able to cover its interest expense.

D. Timberland has a much higher degree of financial leverage than does Pelican. As a​ result, Timberland's earnings will be more​volatile, causing the common stock owners to face greater risk.

Explanation:

a) Data

Financial Statement Values:

Item                                Pelican Paper, Inc.     Timberland Forest, Inc.

Total assets                     $10,900,000                $10,900,000

Total equity (all common)  9,900.000                    5,400,000

Total debt                            1,000,000                    5,500,000

Annual interest                      100,000                       550,000

Total sales                       23,000,000                  23,000,000

EBIT                                    5,750,000                    5,750,000

Earnings available for

common stockholders      3,394,800                      3,174,000

b)  Creditors provide half of the finances and effectively own 50% of Timberland.  This contrasts with the debt ratio of Pelican, where creditors can lay claim to only 9.2% of the assets of the firm.  Furthermore, Pelican can settle its debts with current earnings 57.5 times, compared to Timberland's interest coverage of 10.4 times.

Listed below are five procedures followed by Eikenberry Company.
1. Several individuals operate the cash register using the same register drawer.
2 .A monthly bank reconciliation is prepared by someone who has no other cash responsibilities.
3. Joe Cockrell writes checks and also records cash payment journal entries.
4 .One individual orders inventory, while a different individual authorizes payments.
5 .Unnumbered sales invoices from credit sales are forwarded to the accounting department every four weeks for recording.
Indicate whether each procedure is an example of good internal control or of weak internal control. If it is an example of good internal control, indicate which internal control principle is being followed. If it is an example of weak internal control, indicate which internal control principle is violated.
Procedure IC Good or Weak Related Internal Control Principle
1.
2.
3.
4.
5.

Answers

Answer:

1. Several individuals operate the cash register using the same register drawer.  Weak Internal Control. Establishment of Responsibility Internal control violated.

Having many individuals have access to the cash register can lead to theft. Establishment of Responsibility is an internal control that calls for the minimal amount of people being able to do one task. This way issues can be traced faster.

2 .A monthly bank reconciliation is prepared by someone who has no other cash responsibilities.  Good Internal Control. Independent Internal Verification control followed.

Independent Verification occurs when a person who is an employee of a company but not related to a task, audits that task to find out if any irregularities are present. It ensures unbiased review.

3. Joe Cockrell writes checks and also records cash payment journal entries.  Weak Internal Control. Segregation of Duties Internal control violated.

Segregation of duty calls for the division of a job process into tasks that different people are to accomplish especially in relation to cash. It can help avoid fraud because people will not be able to approve payments for themselves which is what Joe Cockrell can do in this scenario. Joe can withdraw and decide not to record it.

4 .One individual orders inventory, while a different individual authorizes payments.  Good Internal Control. Segregation of Duties Internal control followed.

Segregation of duty calls for the division of a job process into tasks that different people are to accomplish especially in relation to cash. By having one individual order inventory and the other authorizing payments, fraud can be better avoided.

5 .Unnumbered sales invoices from credit sales are forwarded to the accounting department every four weeks for recording. Weak Internal Control. Documentation Procedures Internal control violated.

Documentation procedures in a company ensure that the paper trail is efficiently recorded so that transactions can be followed up speedily. By sending unnumbered sales invoices to the Accounting department as well as taking so long to do so, the company is running an inefficient documentation process that will make tracking transactions more difficult.

Take It All Away has a cost of equity of 10.81 percent, a pretax cost of debt of 5.45 percent, and a tax rate of 35 percent. The company's capital structure consists of 77 percent debt on a book value basis, but debt is 37 percent of the company's value on a market value basis. What is the company's WACC

Answers

Answer:

8.12%

Explanation:

The computation of the weighted average cost of capital is shown below:

= Cost of equity × weight of equity + pretax cost of debt × (1 - tax rate) × weight of debt

= 10.81% × 0.63 + 5.45% × (1 - 0.35) × 0.37

= 6.81% + 1.31%

= 8.12%

We simply applied the above formula by considerin the capital structure with its weight so that the correct percentage could come

The total payroll of trolley company for the month of october was 960000 of which 180000 represented amounts paid to certain employees in excess of 137000 maximum subject ot social security tax $180,000 of federal income taxes and $18,000 of union dues were withheld. The state unemployment tax is 1%, the federal unemployment tax is .8%, and the current F.I.C.A. tax is 7.65% on an employee's wages to $118,500 and 1.45% in excess of $118,500. What amount should Trolley record as payroll tax expense?

Answers

Answer:

$68,760  

Explanation:

The computation of the payroll expense is shown below:

FICA taxes ($960,000 - $180,000) × (7.65% - 1.45%) $48,360

Medicare ($960,000 × 1.45%)                                       $13,920

State unemployment tax {($960,000 - $600,000) × 1%}  $3,600

Federal unemployment tax {($960,000 - $600,000) × 0.80%} $2,880

Total                                                                                  $68,760  

Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2017 reveals the following.
Fixed Budget
Sales (14,000 units) $3,024,000
Cost of goods sold
Direct materials $336,000
Direct labor 588,000
Production supplies 364,000
Plant manager salary 136,000 1,424,000
Gross profit 1,600,000
Selling expenses
Sales commissions 98,000
Packaging 224,000
Advertising 100,000 422,000
Administrative expenses
Administrative salaries 186,000
Depreciation—office equip. 156,000
Insurance 126,000
Office rent 136,000 604,000
Income from operations $574,000
Complete the following flexible budgets for sales volumes of 12,000, 14,000, and 16,000 units. (Round cost per unit to 2 decimal places.)

Answers

Variable Amount per Unit Total Fixed Cost 12,000 units 16,000 units 14,000 units Variable costs ... the first quarter of calendar year 2017 reveals the following Fixed Budget Sales ( 14,000 units) ...

The marketing staff wants to supply pens with attached USB drives to clients. In the past this client has been victimized by social engineering attacks that led to a loss of sensitive data. The security administrator instructs the marketing staff not to supply the USB pens due to which of the following?
A. The cost associated with distributing a large volume of the USB pens
B. The security costs associated with securing the USB drives over time
C. The security risks associated with combining USB drives and cell phones on a network
D. The risks associated with the large capacity of USB drives and their concealable nature

Answers

Answer: C. The security risks associated with combining USB drives and cell phones on a network

D. The risks associated with the large capacity of USB drives and their concealable nature

Explanation:

Based on the scenario that has been discussed in the question, the security administrator will instructs the marketing staff not to supply the USB pens based on the security risks that are associated with combining USB drives and cell phones on a network.

Another reason is due to the risks that are associated with the large capacity of USB drives and their concealable nature.

Since the client has been victimized by social engineering attacks that led to a loss of sensitive data in the past, they'll be extra careful this time around.

If political influences, independent of any economic forces, lead to a larger government budget deficit, what will be the effect on the loanable funds market

Answers

Answer:

The government budget deficit will cause the interest rate to rise, reducing both saving and investment.

Another effect will be the crowding-out of the loanable funds market to private investment. This is because a government in deficit will need to issue more debt in the market, taking up many funds that could have been otherwise invested in private companies.

During the ____________step in activity-based costing, overhead costs in each activity cost pool are assigned to products.
a. first
b. second
c. third
d. fourth

Answers

Answer:

d. fourth

Explanation:

Activity-based costing involves the following steps:

-First step: establish the activities that use resources and assign the costs to them.

-Second step: identify what causes the costs in each activity and this would be the allocation base.

-Third step: find an activity rate.

-Fourth step: assign costs to the products according to the activity usage by the product.

According to this, the answer is that during the fourth step in activity-based costing, overhead costs in each activity cost pool are assigned to products.

Jack and Jill need to save $6100 toward a new car. How long will it take them if they save $200 a month earning interest at 4.7% per year

Answers

Answer:

2 years 5 months.

Explanation:

Use the Time Value of Money techniques to find n (period it takes to save for required amount)

Using a financial calculator enter the following data

Fv = $6,100

Pmt = - $ 200 × 12 = - $2,400

P/y = 1

r =  4.7 %

Pv = 0

n = 2.4569

Thus it takes 2 years 5 months to save $6100 toward a new car under the given circumstances.

Before telling her employees she would have to layoff half of the workforce, Alissa took them all to lunch at the most expensive restaurant in town. Alissa's attempt to handle the potential conflicts generated by her news is best described as

Answers

Answer:

Strategic

Explanation:

laying off half of the Employees means relieving them of their duties as staff of the organization. By taking them to lunch at the most expensive restaurant in town, Alissa aimed at being strategic with whatever conflict that may however occur when the employees hear of her intention. Layoffs can be demoralizing and damaging to these Employees so Alissa has to try the best way she can to be strategic as she deals with them

In each part that follows, use the economic data given to find national saving, private saving, public saving, and the national saving rate.

a.
Household saving 200
Business saving 400
Government purchases of goods and services 160
Government transfers and interest payments 110
Tax collections 195
GDP 2500


b.
GDP 6,150
Tax collections 1,425
Government transfers and interest payments 400
Consumption expenditures 4,520
Government budget surplus 100

c.
Consumption expenditures 4,300
Investment 1,000
Government purchases 1,000
Net exports 6
Tax collections 1,575
Government transfers and interest payments 500

Answers

Answer:

a.  Public saving = Tax collections - Government purchases - Transfers and interest payments

=195 - 160 - 110

= -75

Private saving = Household saving + business saving

= 200 + 400

= 600

National saving = Private saving + public saving  

= 600-75

= 525

National saving rate = National saving/GDP

= 525/2500

=0.21

= 21%

b. Private sector disposable income = GDP - Taxes + Transfers

= 6150 - 1425 + 400

= 5125

Private sector savings = Disposable income - consumption

= 5125 - 4520

= 605

Public savings = Govt budget surplus = 100

National savings = Private savings + Govt savings

= 605 + 100

= 705

National savings rate = National savings / GDP

= 705 / 6,150

= 0.1146

=11.46%

c. GDP = Consumption + investment + Government purchase + Net Export

= 4,300 + 1,000 + 1,000 + 6

= 6,306

Govt savings = Taxes - Transfers - Govt purchases

= 1,575 - 500 - 1,000

= 75

Private sector disposable income = GDP - Taxes + Transfers

= 6,306 - 1,575 + 500

= 5,231

Private sector savings = Disposable income - consumption

= 5,231 - 4,300

= 931

National savings = Private savings + Government savings

= 931 + 75

= 1,006

National savings rate = National savings / GDP

= 1,006 / 6,306

=0.1595

= 15.95%

A. Public saving =-75, Private saving, National saving= 525, National saving rate=21% B. Private sector disposable income=5125,C. GDP= 6,306, Govt savings=75

Calculation of Gross domestic product

A.  Public saving is = Tax collections - Government purchases - Transfers and also interest payments

Then =195 - 160 - 110

= -75

After that Private saving is = Household saving + business saving

= 200 + 400

Thus, = 600

Then National saving is = Private saving + public saving  

= 600-75

Therefore, = 525

After that National saving rate = National saving/GDP

= 525/2500

=0.21

Thus, = 21%

B. Private sector disposable income is = GDP - Taxes + Transfers

= 6150 - 1425 + 400

= 5125

After that Private sector savings = Disposable income - consumption

= 5125 - 4520

= 605

Then Public savings = Govt budget surplus = 100

National savings = Private savings + Govt savings

= 605 + 100

= 705

Now, National savings rate = National savings / GDP

= 705 / 6,150

= 0.1146

=11.46%

C. GDP is = Consumption + investment + Government purchase + Net Export

Then = 4,300 + 1,000 + 1,000 + 6

= 6,306

After that Govt savings = Taxes - Transfers - Govt purchases

= 1,575 - 500 - 1,000

= 75

Now, Private sector disposable income = GDP - Taxes + Transfers

= 6,306 - 1,575 + 500

= 5,231

Then Private sector savings = Disposable income - consumption

= 5,231 - 4,300

= 931

Now, National savings = Private savings + Government savings

= 931 + 75

= 1,006

Then National savings rate = National savings / GDP

= 1,006 / 6,306

=0.1595

Therefore, = 15.95%

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