Answer:
b)At the top of T account
Explanation:
The account name is always written at the top of a T account. The account name is also the account title.
A T account has a standard format. The title or the name is what differentiates them.
For a period during which the quantity of product manufactured exceeds the quantity sold, operating income reported under absorption costing will be smaller than operating income reported under variable costing. True False
Answer:
False
Explanation:
Operating income reported under absorption costing will be smaller than operating income when quantities of products manufactured are less than the quantities sold (Sales > Production). This is because Fixed costs deferred in inventory will be falling and the costs of sales in absorption cost will be rising.
A firm has an Inventory turnover (IT) of 5 times a year on a cost of goods sold (COGS) of $800,000. If the firm improves the inventory turnover to 8 times a year while the COGS remains the same, which of the following statements is true?
a $100,000 is additionally invested in purchasing stock.
b. $160,000 is released into the working capital.
C. $60,000 is additionally invested into purchasing stock
d. $60,000 is released into the working
Answer:
d. $60,000 is released into the working
Explanation:
A high inventory indicates that a company sells its stock many times in a year. It means its costs of managing inventory decreases.
The inventory turnover ratio is calculated as below
=Cost of goods sold/ average inventory
If COGS = $800,000 and the inventory turnover ratio =5,
the average inventory will be
=$800,000 /5
=$160,000
With a turnover of 8, and COGS remain $800,000, average inventory will now be
=$800,000/8
=$100,000
The average inventory will decrease to $100,000 from $160,000 previously.
$60,000 will be released to working capital.
"The Boyle Company estimated that April sales would be 10,000 units with an average selling price of $2.00. Actual sales for April were 8,000 units and average selling price was $2.10. The sales volume variance was:"
Answer:
-$4,000 unfavourable
Explanation:
The sales volume variance is calculated as ;
= (Actual sales units - Estimated sales units) × Estimated selling price.
Given that;
Actual sales units = 8,000
Estimated sales units = 10,000 units
Estimates selling price = $2 per unit
Therefore,
Sales volume variance = (8,000 - 10,000) × $2
Sales volume variance = -$4,000 unfavourable
The senior management of a firm is undecided about the number of employees needed for its new project. To advise the executives, a human resource specialist uses a computer system to estimate how long teams of three different sizes will take to complete the project, assuming the project is of either low, average, or high difficulty. The type of system appropriate for this case is a(n)
Answer:
Decision support system
Explanation:
The decision support system is a system that support the business decisions. It mainly works for reviewing the data of the business in that way where the user could access it and make the decisions accordingly.
In the given situation since it is mentioned how much team is required for project completion so this represent the decision support system
Identify five areas of concern where business standards apply
Answer:
The government regulates the activities of businesses in five core areas: advertising, labor, environmental impact, privacy and health and safety.
Consumer protection Via Advertising Restrictions. ...
Employment and Labor Protection. ...
Environmental Impact of Business. ...
Date Security and Privacy Protection. ...
Safety and Health.
Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?
Answer:
C. Corporation- partnership - Sole Proprietorship
Explanation:
Corporation- partnership—Sole Proprietorship is the diagram arranges the types of business organizations from the most complicated to start to the least complicated to start. Hence, option C is correct.
What is partnership?Partnership is the deal between the two person or party to start the business, partnership can be legally registered or can also start without the partnership agreement.
In partnership the investment is invested by both the partners that and the profit and loss is divided into equally.
Thus, option C is correct.
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in a market segment approach, which statement below dose not apply
Do you know the answer?
Answer:
yes I do know the answer
During a six month period, a department had planned sales of $75,000 and planned turnover of 2.6. Using the Basic Stock Method, determine the BOM stock for February, if planned sales for February are $10,500.
Answer:
the BOM stock is $26,846
Explanation:
The computation of the BOM stock for the feb month is shown below:
But before that following calculations need to be done
Average stock is
= net sales ÷ stock turnover
= $75,000 ÷ 2.6
= $28,846
Now the basic stock is
= Average stock - monthly sales
= $28,846 - ($75,000 ÷ 6)
= $16,346
And, finally BOM stock is
= Planned sales + basic stock
= $10,500 + $16,346
= $26,846
hence, the BOM stock is $26,846
Tidy Limited purchased a new van on January 1, 2018. The van cost $36,000. It has an estimated life of six years and the estimated residual value is $3,600. Tidy uses the double-declining-balance method to compute depreciation. What is the adjusted balance in the Accumulated Depreciation account at the end of 2019
Answer:
$18,002.88
Explanation:
Depreciation Expense = 2 × SLDP × BVSLDP
Where,
SLDP = 100 ÷ Number of useful life
Therefore,
SLDP = 100 ÷ 6
= 16.67 %
2018
Depreciation Expense = 2 × 16.67 % × ($36,000 - $3,600)
= $10,802.16
2019
Depreciation Expense = 2 × 16.67 % × ($36,000 - $3,600 - $10,802.16)
= $7,200.72
Accumulated Depreciation at the end of 2019 :
Accumulated Depreciation = $10,802.16 + $7,200.72
= $18,002.88
g At the optimal quantity of a public good: A. marginal benefit exceeds marginal cost by the greatest amount. B. total benefit equals total cost. C. marginal benefit equals marginal cost. D. marginal benefit is zero.
Answer: C. marginal benefit equals marginal cost.
Explanation:
As is the case in the private sector , the optimal quantity of a public good is the quantity where Marginal benefit (revenue in private) equals marginal cost.
This is the optimal quantity because any quantity made that is more than this will result in marginal cost being greater than marginal benefit. This is therefore the highest quantity that can be produced without costs exceeding benefits so it is optimal.
Which of the following would be part of a financial managers investment decision?
a.
Raising money using equity finance.
b.
Spending money on Capital Expenditure.
c.
Spending money on revenue expenditure.
d.
Borrowing Funds.
Answer:
C
Explanation:
Will mark brainly
Martha runs a small travel and tourism business. She, along with her staff, organizes vacations for her clients. Recently, Martha opened a new branch of her business in a different city. She has decided to print new brochures and catalogs that give information about her business. She also plans to mail these brochures to various homes in a location that attracts customers. Which type of promotion does Martha plan to use?
A.
sales promotion
B.
direct marketing
C.
personal selling
D.
advertising
E.
public relations
Answer:
c
i can't ghshjdhnsjsggsbdn
Answer:
B - Direct Marketing
Explanation:
1. Plato
2. personal selling is meeting face to face. Direct marketing does not invlove interaction with customers. (:
When deciding whether or not to replace old equipment with new equipment, the overriding consideration is the
Answer: d. difference between future cost savings and the new equipment's costs.
Explanation:
When deciding whether or not to replace old equipment, the main thing the company should be concerned about is if the new equipment is worth it. This worth will be measured by how much it saves for the company over the old equipment vs its cost.
If the cost of the equipment is less than the future savings it will bring in, it should be bought to replace the old equipment because it would be contributing more than it costs. If the reverse is true then it should not be bought.
Computer equipment was acquired at the beginning of the year at a cost of $70,700 that has an estimated residual value of $4,200 and an estimated useful life of 5 years. a. Determine the depreciable cost. $fill in the blank 1 b. Determine the straight-line rate. fill in the blank 2 % c. Determine the annual straight-line depreciation. $fill in the blank 3
Answer:
a, The depreciable cost when using the straight line method is;
= Cost of asset - Residual value
= 70,700 - 4,200
= $66,500
b. As the rate is uniform over the life of the asset, the rate is 100% divided by the life of the asset.
= 100%/5
= 20%
c. Annual depreciation will therefore be;
= Depreciation rate * depreciable cost
= 20% * 66,500
= $13,300
The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods inventory on June 30 is 1,050 units. The budgeted production units for July are:
Answer: 4,375 units
Explanation:
The budgeted production for July will be;
= July sales + Ending inventory - Beginning inventory
Ending inventory = 25% * August sales =25% * 4,900 = 1,225
Budgeted production = 4,200 + 1,225 - 1050 = 4,375 units
You are graduating from college at the end of this semester and have decided to invest $ at the end of each year into a Roth IRA (a retirement investment account that grows tax free and is not taxed when it is liquidated) for the next years. If you earn percent compounded annually on your investment of $ at the end of each year, how much will you have when you retire in years? How much will you have if you wait 10 years before beginning to save and only make payments into your retirement account?
Answer:
the numbers are missing, so I looked for similar questions:
You are graduating from college at the end of this semester and have decided to invest $5,000 at the end of each year into a Roth IRA, (which is a retirement investment account that grows tax free and is not taxed when it is liquidated) for the next 45 years. If you earn 8 percent compounded annually on your investment of $5,000 at the end of each year, how much will you have when you retire in 45 years? How much will you have if you wait 10 years before beginning to save and only make 35 payments into your retirement account?
We have to determine the future value of an annuity:
FV = annual contribution x FV annuity factor
annual contribution = $5,000
FV annuity factor, 45 periods, 8% = 386.50562
FV = $5,000 x 386.505662 = $1,932.528
if you wait 10 years before starting to save, then the future value will be:
FV = annual contribution x FV annuity factor
annual contribution = $5,000
FV annuity factor, 45 periods, 8% = 172.3168
FV = $5,000 x 172.3168 = $861,584
You are the HR manager for a fifty-person firm that specializes in the development and marketing of plastics technologies. When you were hired, you felt the company had little idea what you should be paid and just made up a number, which you were able to negotiate to a slightly higher salary. While you have been on the job for three months, you have noticed a few concerning things in the area of multiculturalism, besides the way your salary was offered. The following are some of those items:
1.You know that some of the sales team, including the sales manager, get together once a month to have drinks at a strip club.
2. A Hispanic worker left the organization, and in his exit interview, he complained of not seeing a path toward promotion.
3.The only room available for breast-feeding mothers is the women’s restroom.
4.The organization has a policy of offering $200 to any employee who refers a friend, as long as the friend is hired and stays at least six months.
5.The manufacturing floor has an English-only policy.
6.You have heard managers refer to those wearing turbans in a derogatory way.
Questions
1. What do you think needs to be done to create a more inclusive environment, without losing the culture of the company?
2?What suggestions would you make to those involved in each of the situations?
Answer:
read the paragraph and get the answer
Why are craftsman likely to produce fewer goods than modern manufacturers produce?
They do less intensive labor than manufacturing.
They are not organized into uniorhs
They are considered unskilled laborers.
They do more intensive labor than manufacturing
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Answer:
They do more intensive labor than manufacturing.
Explanation:
Answer:
I see you copy and pasting from ignitia
Explanation:
Partnership should be one of the 8 Ps, but it's not because it doesn't have enough of an effect on organizations.
O True
False
Answer:
I think true and thanks for point
As a meeting leader how should you aim to speak to the participants
Question: As a meeting leader, how should you aim to speak to the participants?
Answer: It's important you stay professional about things, so talk as formal as possible while still being comfortable enough for your peers to not be intimidated. Remember to be lively yet mature, loud but respectful, excited but diluted, etc.
Uplifting Note: Try making something tasty for your next meal, I made macaroons [not the little cookies, the coconut ones] for a snack!
You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payments, to be paid at the end of each of the next 3 years. (Payments include both principal and Interest.) The annual payment that will fully pay off the loan is?
a. $2,890.
b. $4,020.
c. $2,674.
d. $3,741.