If over applied or under applied overhead is material, it should be disposed of by allocating it to Cost of goods sold and finished goods inventory. Hence, option A is correct.
What is fixed overhead rate?Fixed Based on a predetermined overhead rate, overhead expenses are allocated to each unit. Sometimes there are differences between anticipated and actual overhead costs.
When the overhead applied to production is less than the real overhead, this is known as under applied overhead. When the applied overhead exceeds the actual overhead, over applied overhead results.
Thus, option A is correct.
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The options are missing-
a. Cost of goods sold and finished goods inventory.
b. Finished goods inventory and work in process inventory.
c. work in process inventory, finished goods inventory, and cost of goods sold.
d. work in process inventory.
e. Raw materials inventory, work in process inventory, and finished goods inventory.
level 5 leadership: the triumph of humility and fierce resolve
Level 5 leadership refers to a leadership concept introduced by Jim Collins in his book "Good to Great." It represents the highest level of leadership effectiveness, characterized by a combination of humility and fierce resolve. Level 5 leaders possess a rare blend of personal humility and professional will, enabling them to lead organizations to long-term success.
These leaders prioritize the success of the company over personal ego and recognition. They are driven by a deep sense of purpose and dedication to achieving exceptional results. They create a culture of discipline and accountability, attracting and developing talented individuals to work towards a shared vision. Level 5 leaders also demonstrate exceptional decision-making skills and the ability to manage complex situations with humility and integrity.
By emphasizing humility, Level 5 leaders gain the respect and trust of their teams, fostering a collaborative and high-performing work environment. Their fierce resolve ensures that they remain steadfast and resilient in the face of challenges, driving sustainable growth and organizational excellence. Overall, Level 5 leadership embodies a powerful combination of personal humility and unwavering determination, leading to remarkable achievements and enduring success.
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1. If you are an account holder, is it necessary to know how to prepare bank documents related to your account? cite an example.
Bank documentation consists of a wide range of documents, including bank certificates of accounts and balances, statements of accounts and transactions, certificates of constituted deposits, contracts for account establishment or deposit constitution, and so on.
You will require the following information: This is your Social Security number. A legitimate government-issued photo ID, such as a driver's license, passport, or state or military identification card. To activate your account, you must make a minimum deposit of $25.
Bank reconciliation statements verify that payments have been processed and cash collected has been deposited. The reconciliation statement aids in identifying discrepancies between the bank balance and the book balance so that appropriate changes or repairs can be made.
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Conventional antipsychotics (first generation) are most effective in reducing the ______________ of schizophrenia
Conventional antipsychotics (first generation) are most effective in reducing the positive symptoms of schizophrenia.
These medications work by primarily targeting dopamine receptors in the brain, which helps alleviate hallucinations, delusions, and disorganized thinking associated with the disorder. While first-generation antipsychotics can be effective, they often come with more side effects compared to newer, second-generation antipsychotics. Some common side effects include extrapyramidal symptoms, such as tremors and muscle stiffness.
Despite these drawbacks, conventional antipsychotics remain a valuable treatment option for managing the positive symptoms of schizophrenia, helping patients lead more stable and functional lives.
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Personal finance skills have the most significant impact on an individual’s
Answer:
quality of life.
Explanation:
Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.
Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.
Thus the correct answer would be 'that the person will have a quality of life.'
Answer:
C: Quality of life
Explanation:
on edge2021! hope this helps!~ (*^▽^*)
a five-year annuity that makes 20 quarterly payments of $6,000 will begin 8 years from now with the first payment coming 8.25 years from now. if the discount rate is 10.1 percent compounded quarterly, what is the present value of the annuity?
Using a calculator, the present value of the annuity is approximately $103,144.10.
To calculate the present value of the annuity, we can use the formula for the present value of an ordinary budget :
PV = P * (1 - (1 + r)^(-n)) / r
Where:
PV = Present value of the annuity
P = Payment per period ($6,000)
r = Interest rate per period (10.1% / 4 = 0.02525)
n = Number of periods (20 quarters)
First, let's calculate the number of periods remaining until the first payment:
Number of periods = 5 years * 4 quarters per year + 8.25 years * 4 quarters per year = 37 quarters
Now we can substitute the values into the formula and calculate the present value:
PV = $6,000 * (1 - (1 + 0.02525)^(-37)) / 0.02525
Using a calculator, the present value of the annuity is approximately $103,144.10.
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What is receptive skills ?
Answer: They are skills where the person receives information.
Explanation: When it comes to receptive skills, it is where the person learns by receiving information. A common way to develop receptive skills is through reading and listening. A person who reads is someone who is receiving knowledge through the process of identifying the knowledge that he sees, while the person who listens receives it through hearing.
e education.com/v4/anton 5006/233035 14 token
Leson J. Budgeting
Proposed budget
for the month
Leslie has not properly budgeted for savings,
retirement, or debt repayment.
213
237
260
3011
47
Actual spending
for the month
[checking
savings
Housing
248.50
Utilities
150
Transportation
150
Groceries
Retirement
Debt Repayment
student Loans
Phone, Cable,
Internet
0
Medical Expenses
Miscellaneous
Dining Out
Total spending
Savings
Housing
Utilities
Transportation
Groceries
Retirement
Debt Repayment
(Student Loans)
Phone, Cable,
Internet
Medical Expenses
Miscellaneous
Dining Out
Total spending
Determine how much Leslie should have in these
three accounts. Then, drag the proper amounts
and drop them in the matching accounts. (You can
use the calculator below for help.)
331
55.00
213
106.50
23.50
142
95
166
421
2366
62.25
165,50
- 0
Calculate
SUBMIT
722 PM
S172021
O
13
Type here to search
Answer:
Explanation:
uhhhh sir, is this a question?
a government reported the following transfers in its governmental funds statement of revenues, expenditures, and changes in fund balances: (1) a transfer from the general fund to a special revenue fund in the amount of $500,000; (2) a transfer from the general fund to an enterprise fund in the amount of $400,000; (3) a transfer from the general fund to a permanent fund in the amount of $100,000. the amount that would be shown as a transfer out in the governmental activities column in the statement of activities would be:
The amount that would be shown as a transfer out in the governmental activities column in the statement of activities would be $1,000,000.
Transfers are reported in the statement of activities in the governmental activities column, and they are classified as either operating transfers or non-operating transfers. Operating transfers are transfers that are made between funds that are similar in nature, such as transfers from the general fund to a special revenue fund. Non-operating transfers are transfers that are made between funds that are different in nature, such as transfers from the general fund to an enterprise fund.
In this case, all three transfers are operating transfers, so they would all be reported in the operating transfers section of the statement of activities. The total amount of operating transfers would be $500,000 + $400,000 + $100,000 = $1,000,000.
Therefore, the answer to the question is (1).
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What is the final stage in the business-to-business buying process?.
Answer:
vendor performance assessment
Explanation:
All of the following are true for those who are not responsible with credit EXCEPT which one?
A: They have a higher balance that is carried over month to month
B: They charge fewer items or make the full payment each month
C: They charge more items, even if they cant pay the entire amount
D: They end up paying more in interest fees
All of the following are true for those who are not responsible with credit EXCEPT They charge fewer items or make the full payment each month.
What is meant by credit?This is the term that is used to refer to the fact that a person is able to get a way of paying for the goods and services that they make use of through the use of credit card that is issued to them by a credit facility.
The issue here is that the people that have a bad credit would have to be paying more in fees at the end of the day because it would keep piling. They would also have greater credit balance that they are to pay as well.
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How should work history be listed
a{with the most recent experience last
b{in a separate document
c[in your cover letter
D{with the most recent experience first
Answer:
It depends on whether you have a lot of work experience- if you do then you want to list your work history first and if you don't then you want to list your education first.
Explanation:
Answer: with most recent experience first
Explanation: I took the test
The marketing mix element where most of a firm's communications with the marketplace occur is called
Promotion is an element of the marketing mix where most of a company's communications with the market and potential consumers take place.
What is the Marketing Mix?It is a set of factors that combined will help a company to implement strategies that will increase its competitiveness and positioning in the market. The four factors, or the 4Ps are:
ProductPricePlacePromotionTherefore, promotion is the element through which the company will attract customers through communication in order to make sales and increase brand recognition.
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Determine quasar's profit maximizing level of output and the price charged to customers. is this a long-run equilibrium?
To determine a quasar's profit-maximizing level of output and the price charged to customers, it is essential to consider the quasar's cost structure, demand curve, and market conditions.
Cost Organization:
We really want to figure out the quasar's expense structure, including fixed costs (e.g., lease, gear) and variable expenses (e.g., materials, work). To determine the quasar's average cost per unit and total cost, this information is required.
Curve of Demand:
We really want data on the interest for quasar's items/administrations to decide the connection between the value charged to clients and the degree of result. Normally, the interest bend is descending slanting, implying that greater costs lead to bring down interest, as well as the other way around.
Maximization of Profit:
To expand benefits, a quasar ought to create the degree of result where minimal income (MR) rises to negligible expense (MC). The additional cost of producing one additional unit is represented by MC, while the additional revenue from selling one additional unit is represented by MR.
If MR > MC, the quasar ought to build result to catch extra benefit from the last unit created.
If MR < MC, the quasar ought to diminish result to try not to cause extra costs that surpass the income produced.
The quasar's desired profit level and the demand curve will both influence the price that is charged to customers. The price that is charged will be determined by where the demand and supply curves meet in a competitive market. Notwithstanding, on the off chance that the quasar has market power (e.g., a restraining infrastructure), it can set the cost in light of its market position.
Long-Term Balance:
Analyzing the structure of the market and taking into account things like entry barriers, potential competition, and industry dynamics are all necessary for determining whether the situation is in long-term equilibrium. New businesses may eventually enter the market, affecting profits and prices in the long run. Assuming the quasar is procuring positive financial benefits, it might draw in new contestants, prompting expanded rivalry and lower benefits over the long haul.
It is essential to keep in mind that the cost-demand structure and particulars of the quasar's market conditions are required to provide a more precise answer through calculations. Although the process in general is outlined above, no precise answer can be provided without specifics.
Make sure to apply the standards examined here to your particular situation and play out the important estimations to decide the benefit amplifying level of result and value charged to clients.
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The best way to approach charitable giving is to A donate to the first charity that requests it. B not spend a lot of time researching it. C consider what causes are important to you. D not include it in your budget.
Answer:
C consider what causes are important to you
Explanation:
Givings creates a feeling of joy and satisfaction to both the giver and receiver. When considering charity work, it is crucial to focus on areas you are passionate about. Choose a course that draws your attention. By doing this, your donations will not go far in helping someone else, but they will also leave feeling worthy and satisfied.
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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journal entries
sold goods costing Rs. 15000 for Rs.5000 profit
Answer:
sales cr profit cash dr
Raymond’s grandfather recently passed away. He left Raymond $1,000,000 in his will. Raymond’s lawyer tells him not to spend all $1,000,000 because he will owe some of it to the government. Why is this MOST likely true?
A. Raymond will have to pay inheritance tax.
B. Raymond will have to pay real estate property tax.
C. Raymond will have to pay excise tax.
D. Raymond will have to pay estate tax.
Answer:
Raymond will have to pay inheritance tax.
Explanation:
When you receive money or property from a decedent's estate, you are required to pay an inheritance tax, which is a type of state tax. In contrast to the federal estate tax, the property's beneficiary is in charge of paying the tax, not the estate. Only six states have inheritance taxes as of 2022.
Explain about the inheritance tax?For federal tax reasons, whether you inherit money, investments, or property, inheritances are not regarded as income. However, unless they come from a tax-free source, any further earnings on the inherited assets are subject to taxation.
There is no federal inheritance tax, which is a charge on the total amount of assets a person inherits from a decedent. For 2021 and 2022, however, estates worth more than $11.7 million and $12.06 million, respectively, are subject to a federal estate tax. Only the portion of an estate that exceeds such sums is subject to tax.
If you leave a home, vacate, and live in another place for seven years, there is typically no IHT to pay.
The answer is Raymond will have to pay inheritance tax
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Haughton company uses a job costing system for its production costs and a predetermined factory overhead rate based on direct labor costs to apply factory overhead to all jobs. During the month of july, the firm processed three jobs: x13, x14, and x15, of which x13 was started in june.
PLZ HELP: FIND THE PROFIT
Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format
. Which part of the online job application was easiest for you to complete? Which section was the most difficult? Give at least one example of work experience, education, or special skills that you included in the application.
Answer:
Easy & difficult part of online job application, things mentioned.
Explanation:
Part of online job application easiest to complete - Time & Place Flexibility, Less scope of inaccuracies
Difficult section - Lack of physical interaction with the organisation can make someone lack crucial information regarding organisation's favourable & unfavourable criterias, preferences.
Work experience, special skills included in application (consecutively) - Internships with prestigous organisations, Public communication & leadership skills (consecutively)
what do you think about how the seniors of 2020 should have there graduation.
Answer:in our town what the seniors are doing is they drive up to the field in their cars and then one by one get out and walk the stage.
Answer:
^^
Explanation:
which of the following identifies the goods or services of a specific business, person, or organization?
The term that helps in identification of goods as regards this question is B: Trademark.
A trademark can be regarded as an intellectual property, which helps in offering of protection for a brand.It identity the source where the goods/service comes from, and distinguish it from someone else business.Therefore, option B is correct.
CHECK THE COMPLETE QUESTION;
Which of the following identifies the goods or services of a
specific business, person, or organization?
Trademark
License
Fair use designation
Copyright
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True or false: for the economy as a whole, expenditures must equal income.
a. true
b. false
For an entire economy Income and expenses must be equal. This is so that at the equilibrium level, total individual expenditures and total income are equal.
Does income have to match expenses?Every transaction involves a buyer and a seller, therefore the economy's overall spending and income must balance out. The Gross Domestic Product (GDP) of an economy is the sum of all the money spent on newly produced goods and services as well as all the money made from their production.
It is accurate since a functioning economy encapsulates all business dealings involving products and services. And these exchanges take place between the production or business sector and the domestic sector.
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the__demand and supply model can be used to describe changes in an economy's price level and real gdp in the short and the long run.
The aggregate demand and supply model can be used to describe changes in an economy's price level and real GDP in the short and the long run.
The combination call for/combination deliver version is a version that indicates what determines overall deliver or overall call for for the economic system and the way overall call for and overall deliver have interaction on the macroeconomic stage. Aggregate deliver is the overall amount of output corporations will produce and sell—in different words, the actual GDP.
The intersection of the economic system's combination call for and long-run combination deliver curves determines its equilibrium actual GDP and charge stage withinside the lengthy run. The quick-run combination deliver curve is an upward-sloping curve that indicates the amount of overall output on the way to be produced at every charge stage withinside the quick run.
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Question Content Area To determine cash paid for income taxes for the statement of cash flows using the direct method, an increase in income taxes payable is added to the income tax expense. True False
The statement in the question is false.
When using the direct method to determine the cash paid for income taxes for the statement of cash flows, an increase in income taxes payable is subtracted from the income tax expense, not added.
If income taxes payable increase from the beginning to the end of the period, it means that the company has paid less in cash for income taxes than the income tax expense recorded on the income statement. In this case, you would subtract the increase in income taxes payable from the income tax expense to calculate the cash paid for income taxes.
On the other hand, if income taxes payable decrease from the beginning to the end of the period, it means that the company has paid more in cash for income taxes than the income tax expense recorded on the income statement. In this case, you would add the decrease in income taxes payable to the income tax expense to calculate the cash paid for income taxes.
In summary, an increase in income taxes payable is subtracted from the income tax expense when using the direct method to determine cash paid for income taxes for the statement of cash flows.
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When using the direct method to determine the cash paid for income taxes in the statement of cash flows, an increase in income taxes payable is subtracted from the income tax expense, not added. Therefore the statement provided is false.
The income tax expense represents the amount of taxes owed during a specific period.
However, not all of this expense is paid in cash during that period. Some of it may be paid in a later period, resulting in an increase in income taxes payable.
To determine the cash paid for income taxes, we need to account for changes in income taxes payable.
An increase in income taxes payable means that cash has been deferred and not yet paid.
Therefore, we subtract the increase in income taxes payable from the income tax expense to find the actual cash paid for income taxes during the period.
In summary, when using the direct method, an increase in income taxes payable is subtracted from the income tax expense to determine the cash paid for income taxes in the statement of cash flows.
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This communication channel is typically used to provide an audience with information about a product or service, usually for informational or persuasive purposes. It is a one-way communication in a visual medium.
Answer:
Online advertisement
Explanation:
In the ever-increasing technological world, online advertising is an extremely elaborate solution for the sale of any item or service or for the information about that item or service.
The use of online advertisements is usually an elaborate way of providing detailed information about goods and services in which information about goods and services is provided to individuals viewing through movable images, communication in the online advertising technological world.
This is a large medium of information as well as it is also a proper means of giving unilateral information.
On July 1, 2021, Lejune Industries issued $740,000 of 6% bonds, dated July 1. - Interest is payable semiannually on June 30 and December 31 . - The bonds mature in 4 years. - Fourier, Inc, purchased the entire bond issue on a date when the market interest rate for bonds of similar risk and maturity was 11%. Calculate the current price of the bond. (Please round answer to the nearest dollar, i.e. $20,666,666 should be entered as 20,667).
The current price of the bond is $609,580, considering a market interest rate of 11%. This price is determined by discounting the future cash flows from the bond at the market interest rate.
To calculate the current price of the bond, we need to discount the future cash flows from the bond at the market interest rate of 11%. The cash flows consist of periodic interest payments and the principal repayment at maturity.
The bond has a face value of $740,000 and pays semiannual interest at a rate of 6%. Therefore, the bond pays $44,400 in interest per year ($740,000 × 6%). Since the interest is payable semiannually, each interest payment is $22,200 ($44,400 ÷ 2).
The bond matures in 4 years, and interest is payable semiannually. So, there will be a total of 8 interest payments over the life of the bond. At the end of the 4th year, the bondholder will also receive the principal repayment of $740,000.
To calculate the present value of the cash flows, we discount each interest payment and the principal repayment at the market interest rate of 11%. Using a financial calculator or spreadsheet, we can calculate the present value of the interest payments and the principal repayment. Summing up these present values will give us the current price of the bond.
Using the present value of an ordinary annuity formula, we find that the present value of the interest payments is approximately $396,580. The present value of the principal repayment is $213,000.
Adding the present values of the interest payments and the principal repayment, we get the current price of the bond, which is approximately $609,580.
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Describe a primary decision maker in nike target segment: who they are, what they like, how they make buying decisions. Describe the primary problem(s) your organization, product or service will help them solve.
The primary decision maker in Nike's target segment is typically a young adult between the ages of 18-35 who is fashion-forward, health-conscious, and active. They value quality and performance in their athletic apparel and footwear but also prioritize style and trendiness.
When making buying decisions, this target segment often does research online and reads reviews from other consumers before making a purchase. They may also consider the brand reputation and the social and environmental impact of the company they are buying from.
The primary problem that Nike's products and services can help solve for this target segment is the need for high-quality, durable athletic wear and footwear that performs well during exercise or sports activities. Nike's products are designed to enhance performance and provide comfort, support, and style for athletes and active individuals. Additionally, Nike offers a range of digital services, such as the Nike Training Club app, that provide personalized workouts and training plans to help individuals achieve their fitness goals.
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Porter is visiting india and would like to purchase some local spices. He finds some spices that cost 320. 38 rupees. If the current exchange rate is 1 dollar:73. 6500 rupees, how much do the spices cost in u. S. Dollars?.
Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
What do you mean by the current exchange rate?An exchange rate determines the price at which one currency will be exchanged for another and has an impact on international trade and money transfers.
Both the value of the home currency and the value of the foreign currency have an impact on exchange rates.
The buying rate and selling rate are the rates at which currency traders will purchase and sell foreign currency, respectively.
Given,
Cost of Spices = 320.38
Exchange rate = 73.6500
Here,
Cost of spices in Dollars = 320.38 / 73.65
Cost of spices in Dollars = 4.36
Therefore, Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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