The number of drum sets manufactured= $470,000 / 470= $1,000 per drum set. Therefore, the average manufacturing cost per drum set is $1,000.
Given the following costs associated with the production of 1000 drum sets, Compute the average manufacturing cost per drum set.Costs: Direct materials - $230,000Direct labor - $130,000Factory rent - $40,000Factory equipment depreciation - $30,000Factory manager's salary - $25,000Factory utilities - $15,000Total cost - $470,000To compute the average manufacturing cost per drum set, we'll use the following formula.
Average manufacturing cost per drum set = Total manufacturing cost / Number of drum sets manufactured.We are given a total manufacturing cost of $470,000. To find the number of drum sets manufactured, we'll divide the total cost by the cost per drum set: Number of drum sets manufactured = Total manufacturing cost / Cost per drum set= $470,000 / 1,000= 470Therefore, the average manufacturing cost per drum set is: Average manufacturing cost per drum set = Total manufacturing cost .
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The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million
Answer:
$200,000,000
Explanation:
Given that:
Amount of securities purchased = $10 million
Desired reserve ratio = 0.05
The bank's excess reserve :
Money multiplier * amount of securities purchased
Money multiplier = 1 / reserve ratio
Money multiplier = 1 / 0.05 = 20
Excess reserve = 20 * $10,000,000
Excess reserve = $200,000,000
What will happen to current purchases if people expect lower prices in the future? what will happen with expectations of higher incomes?.
If people expect lower prices in the future, then they will likely delay their current purchases. If they think prices will be lower in the future, they will wait to buy goods and services until that time.
This is because they can get the same thing for less if they wait. This is known as the substitution effect. People's expectations of higher incomes may lead them to increase their current spending. If people believe they will earn more in the future, they will be more willing to spend money now. They may feel like they have more money to spend, so they may be more likely to purchase goods and services. This is known as the income effect.
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People may delay current purchases if they expect lower prices in the future, while expectations of higher incomes can lead to increased consumer spending.
Explanation:If people expect lower prices in the future, they may delay their current purchases in order to take advantage of the anticipated lower prices. This can lead to a decrease in current consumer spending and a slowdown in the economy. On the other hand, if people expect higher incomes in the future, they may be more willing to make current purchases and increase their spending, which can stimulate economic growth.
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What is a market economy regulated by?
Answer:
Producers and consumers :)
Explanation:
Market economies are run by buyers and sellers, there is no government involved.
Help. business management
Answer: The break-even point is 66 units.
Explanation:
The break-even point can be found by dividing total fixed costs by the difference between selling price and variable cost.
(fixed cost) / (sale price - variable cost)
1980 / (50 - 20) = 66 units
Salt & Battery must sell 66 units of product before breaking even.
Keira is excited that her favorite brand of running gear has released a new hoodie in the company’s trademark color. Keira probably has a strong ________blank with this company.
Keira is thrilled that her preferred brand of athletic apparel has introduced a new sweatshirt in the logo color of the business. Keira most likely has a positive brand association with this business.
An association between your brand and a concept, image, emotion, experience, person, interest, or activity is known as a brand association. Purchase decisions are significantly influenced by this association, which might be immediately favorable or unfavorable.
When a person thinks of a brand, brand associations—such as "soft" for Cottonelle or "athletics" for Nike—come to mind.
The brand association aids in recalling your company's name and distinctive features, such as those that set you apart from your rivals. The brand association offers clients ideas, images, and attitudes that can aid in the brand recall by developing familiarity and strengthening recognized traits.
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A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million
What is market cap?Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:
1.71B / 2.5 = 684 million
So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.
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An investor does not wish to attempt to time the market, so she invests $300 each month into the GEMCO Growth Fund. Over the past 5 months, her purchase prices have been $10, $12, $15, $20, and $25. On the basis of this information, if she were to stop investing at this point and sell her shares 2 months from now when the NAV is $15 per share and the public offering price is $15.79, it would be CORRECT to state that her A) average cost per share was $16.40 B) proceeds were $15.79 per share C) cost basis for tax purposes was $14.71 D) realized loss would be $1.40 per share
Answer:
It would be 4(67)+ 56-
Explanation:
For the tax year, Ashes to Dust, a partnership, reported a $75,000 ordinary loss and a $29,000 increase in recourse liabilities for which the partners are liable. Dustin, a 50% partner, had an adjusted basis of $16,000 at the beginning of the year. What is Dustin's allowable loss and his adjusted basis in Ashes to Dust at the end of the year? a. Allowable loss: $8,000. Adjusted basis: $7,000. b. Allowable loss: $16,000. Adjusted basis: $0. c. Allowable loss: $30,500. Adjusted basis: $0
Dustin's allowable loss is $30,500. and his adjusted basis is $0 in Ashes to Dust at the end of the year. Option c. Allowable loss: $30,500. Adjusted basis: $0 is correct.
To calculate Dustin's allowable loss and adjusted basis in Ashes to Dust, we need to consider his share of the partnership's loss and any changes in his adjusted basis.
Allowable Loss:
Dustin's allowable loss is determined by his percentage share in the partnership. In this case, Dustin is a 50% partner. Therefore, his allowable loss would be 50% of the partnership's ordinary loss of $75,000, which is $37,500.
Adjusted Basis:
The adjusted basis at the beginning of the year was given as $16,000. We need to account for the increase in recourse liabilities for which the partners are liable. The increase in recourse liabilities was $29,000.
Since the partners are liable for the recourse liabilities, Dustin's adjusted basis is reduced by his share of the increase. Since Dustin is a 50% partner, his share of the increase in recourse liabilities is 50% of $29,000, which is $14,500.
To calculate Dustin's adjusted basis at the end of the year, we subtract his allowable loss from his adjusted basis at the beginning of the year:
Adjusted Basis at the end of the year = Adjusted Basis at the beginning of the year - Allowable Loss
= $16,000 - $37,500
= -$21,500.
However, since the adjusted basis cannot be negative, Dustin's adjusted basis at the end of the year is considered zero.
Therefore, the correct answer is c. Allowable loss: $30,500. Adjusted basis: $0.
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The term t (in years) of a $200,000 home mortgage at 7.5% interest can be approximated by the function below, where x is the monthly payment in dollars.
t = 13.375 ln( x/ x-1250) , x > 1250
(a) Use a graphing utility to graph the model.,
(b) Use the model to approximate the term of a home mortgage for which the monthly payment is $1390. (Round your answer to the nearest year.)
________ yr What is the total amount paid? (Round your answer to two decimal places.)
$
(c) Use the model to approximate the term of a home mortgage for which the monthly payment is $1610. (Round your answer to the nearest year.)
yr
What is the total amount paid? (Round your answer to two decimal places.)
$ (d) Find the instantaneous rates of change of t with respect to x when x = $1390 and x = $1610. (Round your answers to four decimal places.)
t '(1390) =t '(1610) =
(e) What are the benefits (if any) of higher monthly payment. (Select all that apply.)
a. there are no benefits
b. payment over a shorter term
c. a lower total amount paid
d. the two payments are the same
(a) Using a graphing utility, the given model can be plotted by entering the function t = 13.375 ln(x/(x-1250)), where x is the monthly payment in dollars greater than $1250.
(b) Substituting x = $1390 into the model, we can approximate the term of the mortgage to be approximately 14 years. To find the total amount paid, we multiply the monthly payment by the number of months in 14 years, which is $1390 * 12 * 14 = $251,880.
(c) Similarly, substituting x = $1610 into the model, we can approximate the term of the mortgage to be approximately 9 years. The total amount paid can be calculated as $1610 * 12 * 9 = $218,160.
(d) To find the instantaneous rates of change of t with respect to x, we need to find the derivative of the function t = 13.375 ln(x/(x-1250)). Evaluating the derivative at x = $1390 and x = $1610 will provide the respective instantaneous rates of change.
(e) The benefits of a higher monthly payment include payment over a shorter term, as a larger payment allows for faster repayment of the mortgage. Additionally, a higher monthly payment results in a lower total amount paid over the duration of the mortgage. Therefore, the correct options are (b) payment over a shorter term and (c) a lower total amount paid.
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Terri Settles is an Executive Chef. She supervises five hospitals for Maramark Dining Services, the management company the hospitals have selected to operate their food services. Her company produces monthly and annual income statements for each hospital. Respond to the following prompt:
Discuss five ways in which income statements can help Terri do her job better. You'll want to include at least 2-3 sentences that include what she can do and why it matters.
Income statements can help Terri Settles, an Executive Chef, in several ways. They provide valuable information about the financial performance of each hospital, allowing her to make informed decisions, monitor costs, and evaluate profitability. Income statements also help her identify areas for improvement and assess the effectiveness of her management strategies.
The five ways are discussed below:
Decision Making: Income statements provide Terri with data on revenues, expenses, and net income for each hospital. This information helps her make decisions regarding menu planning, purchasing ingredients, staffing levels, and implementing cost-saving measures. By analyzing the income statements, Terri can allocate resources effectively and prioritize initiatives that contribute to the financial success of the hospitals.Cost Monitoring: Income statements detail various expense categories, such as food costs, labor costs, and overhead expenses. Terri can compare these costs to industry benchmarks and track their trends over time. This allows her to identify any cost overruns, inefficiencies, or areas of waste. By monitoring costs through income statements, Terri can take corrective actions to control expenses and maintain profitability.Profitability Evaluation: Income statements provide the net income figure, which indicates the financial performance of each hospital. Terri can analyze the profitability of individual hospitals and compare them to identify any disparities. This evaluation helps her identify underperforming facilities that require attention and implement strategies to improve their financial results.Performance Assessment: By reviewing income statements regularly, Terri can assess the effectiveness of her management strategies. She can evaluate the impact of menu changes, staffing decisions, and operational improvements on the financial performance of each hospital. This assessment enables her to refine her approaches and make data-driven decisions to enhance the overall profitability of the hospitals.Identifying Improvement Areas: Income statements reveal key financial metrics, such as gross profit margin and operating profit margin. Terri can use these metrics to identify areas for improvement. For example, if the food cost percentage is higher than the industry average, she can focus on optimizing ingredient costs and portion control. By addressing specific areas highlighted in the income statements, Terri can enhance efficiency, reduce costs, and increase profitability across the hospitals she supervises.Learn more about Income statements at:
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According to the authors of your textbook, buying the naming rights to a sports or entertainment venue (for example, Kroger Field) is a form of __________. Some other authors (including, perhaps, the authors of your MKT 300 textbook) say that it is a form of __________. Group of answer choices personal selling; public relations public relations; advertising advertising; sales promotion in-store marketing/design elements; public relations direct marketing; sales promotion
The correct answers to the given questions are sales promotion; public relations.
What is a Sales Promotion?This refers to the creation of awareness for a particular brand or product by identifying a brand with it for better sales.
Hence, we can see that by buying the naming rights to a sports venue, it can be used as a form of sales promotion, and also some authors believe this is a form of public relations.
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Which unique feature of e-commerce is related to the ability to interact with web technology everywhere?.
Answer:
What are unique features of e-commerce?
The seven unique features are Ubiquity, Global Reach, Universal Standards, Richness, Interactivity, Information Density, and Personalization / Customization.
Explanation:
i would says its Information Density or global reach
Select the correct answer. Under which market structure does the action of one company have a spillover effect on other companies’ decisions?
A. oligopoly
B. perfect competition
C. monopoly
D. monopolistic competition
Answer:
A. oligopoly
Explanation:
a state of limited competition, in which a market is shared by a small number of producers or sellers.
Under oligopoly, the action of one company has a spillover effect on other companies’ decisions. Thus, option A is the correct option.
What is a company?A company can be defined as an institution who makes a product or service and sells it or endorse it in the market to earn revenue.
When there is any change or shift in the market with respect to any sort of commodity than that effect goes on to another product which can be considered as a substitutional product is called as oligopoly.
For example, in the case of a cold drink if one cold drinks prices increases or the demand decreases then people start to prefer to another call ring that can be considered as it substitute product this system can be referred to as an oligopoly. Therefore, option A is the correct option.
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give an example of how friedman's flatteners have impacted the company where you work (or have worked)?
Let's say you work for a manufacturing company that produces electronic devices. The company has traditionally relied on a few large suppliers for key components.
However, the introduction of Friedman's flatteners, particularly the rise of outsourcing and offshoring, has allowed the company to explore new suppliers in different parts of the world.
The company has taken advantage of the availability of cheap labor and lower production costs in countries like China and India. By outsourcing some of its production to these countries, the company has been able to reduce costs and increase efficiency, while still maintaining quality standards.
Additionally, the company has embraced new technologies, such as cloud computing and data analytics, to streamline its operations and improve decision-making. By using these tools, the company has been able to better track its supply chain, monitor production processes, and respond to changes in demand.
Overall, Friedman's flatteners have enabled the company to expand its reach, reduce costs, and improve its operations. However, these changes also come with new challenges, such as managing relationships with suppliers in different parts of the world and adapting to cultural differences.
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The major features of the U.S. free enterprise system include:
A. restrictions on the types of available consumer goods.
B. economic decisions made mainly to promote fairness.
C. limited competition between a small number of companies.
D. limits on the government's role in the economy.
ASAP !!!
Answer:
D. limits on the government's role in the economy.
Explanation:
Free market enterprise refers to the economic model where demand and supply forces determine the products and services in the market and their prices. In this model, sellers have the freedom to select what business they want to start. Buyers have the option of picking their preferred products or services from many competing suppliers.
In a free market enterprise like the USA economy, the government's role is limited to regulation. The government may get involved in the provision of essential services and public goods. To a large extent, the free market economy is in the profit-motivated, private sector.
Answer: D. Limits on the governments role in the economy
Explanation: I just took the test on a pe x
How is a 401k different from an individual retirement account (IRA)?
A 401k is a good long-term investment strategy.
A 401k allows people to contribute before taxes.
A 401k is created by an individual who deposits money.
A 401k is created by an employer who may match contributions.
The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?
Explanation:
As a result to inflation and deflation
That is the lesser the money supply the higher the price of goods and services.
And the more money is supplied vice versa
.....................................hi
Answer:
Hi!! I hope you are great. Thanks for the pts...
The fallacy of composition involves assuming that: a. you can determine the composition of a complex product just by examining its exterior properties. b. what was true when a person was young will still be true today. c. any mistakes made in producing a product using an assembly line technique will lead to a compounding of errors as the product moves down the line. d. what is true for any individual component in a group is true for the group as a whole. e. consumer durable goods today do not last as long as they did a generation ago.
Answer:
d. what is true for any individual component in a group is true for the group as a whole.
Explanation:
Fallacy can be defined as a mistaken or false belief that are based on illogical arguments or reasoning.
However, a lot of people might actually think it to be true but it isn't. There are various types of fallacy and these include; black or white, non sequitur, ad hominem, bandwagon, appeal to authority, straw man, fallacy of composition, and oversimplification or hasty generalization.
Fallacy of composition can be defined as the error of assuming that what is true of an audience is true for the group of people as a whole.
Hence, the fallacy of composition involves assuming that what is true for any individual component in a group is true for the group as a whole.
the journal entry to record depreciation on factory equipment debits blank . multiple choice question. manufacturing overhead and credits depreciation expense work in process and credits accumulated depreciation manufacturing overhead and credits accumulated depreciation work in process and credits depreciation expense
The journal entry to record depreciation on factory equipment involves multiple accounts and their respective debits and credits.
First, the depreciation expense account needs to be credited to record the expense.
The amount of depreciation is usually calculated based on the useful life and salvage value of the equipment and can be obtained from the company's accounting records.
Next, the accumulated depreciation account needs to be debited to record the reduction in the equipment's value over time.
This account represents the total depreciation expense that has been recognized on the equipment since it was acquired.
Finally, the manufacturing overhead account needs to be debited or credited depending on the company's accounting policies.
Some companies prefer to charge depreciation to the manufacturing overhead account as it is considered an indirect cost of production.
Others prefer to charge it directly to the work-in-process account, which represents the cost of goods being produced.
Therefore, the correct answer to the multiple-choice question is Manufacturing overhead and credits accumulated depreciation.
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atsuko signs a contract to work as a sales rep for incellmed corporation for a period of two years. this contract is governed by:
The governing law of Atsuko's contract with InCellMed Corporation depends on the terms of the agreement. In general, the choice of law provision in the contract specifies which state's laws will govern the agreement.
If the contract does not have a choice of law provision, the law of the state where the contract was formed or where the parties have their primary place of business may apply. It is important to note that there may be federal laws that apply to the contract, such as the Uniform Commercial Code or various employment laws. These laws could impact the terms and enforceability of the contract. Additionally, the contract may include an arbitration or forum selection clause that specifies where any disputes related to the contract will be resolved. This clause could also impact the choice of law that applies to the contract. Ultimately, the specific details of Atsuko's contract with InCellMed Corporation will determine the governing law. It is essential that she carefully review and understand the terms of the agreement before signing it to ensure that she is comfortable with the governing law and any other terms included in the contract.
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In his work for a new company, Byron found a flower material that he could use to manufacture dresses. In his career, Byron is most likely focused on the
animal system pathway.
plant system pathway.
agribusiness system.
natural resource system.
Answer:
into how many geographical region Nepal has divided ?describe them in a few line
Answer:
your answer would be b!
Explanation:
i did the unit test revew
Which completes the equation?
O + A + Consideration (+______) = K
Legal capability
Legal capacity
Legal corporations
Legal injunction
"Legal capacity" is the final term that completes the equation.
What is the full legal age?What a person is legally capable of doing depends on the rules and regulations of the legal system. It is a fiction with no underlying reality that every legal system uses to establish a relationship with its constituents.
What does the legal competence to contract mean?A party has the legal authority to enter into a contract if they have the capacity to do so. Capability also implies that a person must be legally competent. A person's ability is determined by two factors: whether they are of legal age to enter into contracts and if they are mentally able to do so.
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Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards, however, can be calculated as the percentage increase in
either the real gross domestic product or the real gross domestic product per capita.
Answer:
True
Explanation:
It is TRUE that Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards.
This is evident in the fact that the outwards shifts of the production possibilities curve of a country indicate an increase in output or production level of that country.
Also, such production possibilities can indeed be estimated as the percentage increase in either the real gross domestic product or the real gross domestic product per capita.
the mainstay of the chinese administrative system was a. the civil service examination b. state confucianism c. feudalism d. the department of state affairs e. legalist departments
The mainstay of the Chinese administrative system was the civil service examination (option a).
The Chinese civil service exam was a method of choosing government officials in imperial China. The exams, which were administered by the imperial government, were a traditional Chinese way of selecting men for government service. The Chinese government used this system of exams from the Tang Dynasty (618–907) until the fall of the Qing Dynasty in 1911. The aim of the exam was to produce an intellectual class of government bureaucrats, who were responsible for carrying out the government's policies. The correct option is a.
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Lansing inc. Uses a perpetual inventory system. Inventory costs are determined using the last in, first out (lifo) method. On august 2, 39 units were purchased at $19 per unit. On august 5, 24 units were purchased at $14 per unit. On august 15, 26 units were sold at $53 per unit. On august 18, 29 units were purchased at $15 per unit. The units sold on august 15 had a cost of goods sold of $. (do not input a comma or cents. )
The cost of goods sold for the units sold on August 15 using the last in, first out (LIFO) method is $1,315.
In a LIFO inventory system, the most recent purchases are assumed to be the first ones sold. Let's calculate the cost of goods sold for the units sold on August 15.
First, we need to determine the cost of the 26 units sold on August 15. Since the most recent purchase was on August 18, we need to consider the units purchased on August 18 and August 5.
On August 18, 29 units were purchased at $15 per unit, so the cost of these units is 29 * $15 = $435.
On August 5, 24 units were purchased at $14 per unit, so the cost of these units is 24 * $14 = $336.
Since the total number of units purchased (29 + 24 = 53) is greater than the units sold (26), we can calculate the cost of goods sold by considering the most recent purchases. We subtract the cost of the units purchased on August 18 and August 5 from the total cost: $435 + $336 = $771.
Therefore, the cost of goods sold for the units sold on August 15 is $771.
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Think about the effects of building condominiums in the rain forest. While activists in the United States have worked hard to fight those large corporations that are willing to sacrifice the environment for financial gain, natives of the rain forest do not have the means to engage in such battles.
Should powerful U.S. firms consider the potential moral ramifications of their international capital budgeting projects when seeking to invest in poorer countries? Support your views with appropriate arguments citing relevant references where possible.
Yes, powerful U.S. firms should consider the potential moral ramifications of their international capital budgeting projects when seeking to invest in poorer countries as these firms have a social responsibility to consider the impact of their actions on the environment and local communities.
One of the main reasons why U.S. firms should consider the potential moral ramifications of their international capital budgeting projects is the impact on the environment. Building condominiums in the rain forest can have a negative impact on the ecosystem, leading to loss of biodiversity, deforestation, and climate change. This can have far-reaching consequences, not just for the local environment, but for the global climate as well.
Another reason why U.S. firms should consider the potential moral ramifications of their international capital budgeting projects is the impact on local communities. The construction of condominiums in the rain forest can lead to displacement of local communities and loss of their livelihoods. This can have a negative impact on the local economy and exacerbate poverty in the region.
In conclusion, powerful U.S. firms should consider the potential moral ramifications of their international capital budgeting projects when seeking to invest in poorer countries. This is because these firms have a social responsibility to consider the impact of their actions on the environment and local communities. By taking into account the potential moral ramifications of their actions, U.S. firms can ensure that their investments are sustainable and beneficial for all stakeholders.
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After Necie finished working on her company newsletter, she noticed that it had large blocks of white space. What steps could she take to reduce the amount of white space?
The step that Necie would have to take if she is to reduce the amount of white space would be to adjust column spacing
What is meant by white space?This is the term that is used to refer to the area of a page that is made up of nothing. That is, it carries no form of prints on it in the forms of writing of texts and also in the forms of drawings.
The white space that are found in the pages can be reduced when the page would be adjusted. Hence we would say that the way that the white space would have to be adjusted is to make adjustment to the spacing that are in the columns of the page.
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When members of a hospital council governing body solicit and receive money for special consideration in awarding a project to an architectural firm on a building project, they could be convicted of:
Individuals can be convicted when members of a hospital council governing body solicit for special treatment it is kickback.
What is kickback?kickback are illegal payment made for compensation as to be administered treatment specially.
They do not receive improper services.
Therefore, when members of a hospital council governing body solicit for special treatment it is kickback.
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when a company creates time and place utility by focusing on making products available when they are wanted, with adequate service and at minimum cost, it is engaged in
Time and place utility are created when a company focuses on making products available when they are demanded, with adequate service and at minimum cost, engaging in marketing.
Give a brief account on economic utility.The whole level of enjoyment a person receives from using a specific good or service is known as economic utility.
The four different categories of economic utility are form, time, place, and possession.
The value a consumer obtains from goods or services in a way they genuinely need is known as form utility.Time utility is the provision of goods or services to customers at the time of their demand or necessity.Place utility refers to placing goods or services in places where customers may conveniently obtain them.Possession utility is the use or perceived benefit a customer receives from possessing and promptly using a good or service.To know more about, economic utility, visit :
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