The president of Pepsi company is that the keynote speaker at a retirement dinner for a long-time manufacturer. This is an example of figurehead role.
What is figurehead role?A figurehead carries out social, legal, and ceremonial duties while also using these occasions to inspire other members of the organisation. A senator digging ground with a golden shovel or a top executive visiting an employee's family wedding are two instances of the figurehead management role.The role of the figurehead is ceremonial. Examples include welcoming dignitaries, attending a coworker's wedding, and taking a significant client out to lunch.Due to their formal authority and position of symbolic leadership inside their organizations, managers are required to take on the role of figureheads. Managers must balance the requirements of their subordinates with the needs of the organization they lead.Despite having little actual influence, if someone is the face of a group or movement, they are acknowledged as its leader. The President will merely serve as a symbolic leader.Learn more about figurehead role here:
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the study of business law does not involve an ethical dimension. t or f
It is true that study of the business law does not involve an ethical dimension.
What is business law?All the laws that specify how to establish and operate a business are included in the category of "business law." This covers every law that controls how to launch, acquire, run, close, or sell any kind of business. All firms must abide by the laws governing business. A competent businessperson will have a general understanding of business regulations and know when to see a licenced attorney. State, federal, and administrative regulations are all included in business law. Company law spends a lot of time discussing various business groups. Each type must be formed and operated in accordance with specific legislation. Laws governing organisations like corporations, partnerships, and limited liability firms are included in this.
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Production is an example of a marketing activity.
Question 1 options:
True
False
Which of these is not an example of good practice when differentiating phonological awareness instruction?
a.
Increasing the intensity of instruction by teaching in smaller group sizes.
b.
Expecting all children to be able to produce rhyming words at the same time of the year.
c.
Increasing the intensity of instruction by giving individual children more opportunities to respond.
d.
Supporting children's understanding of an activity by using visual supports.
The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.
What is good practice?Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.
Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.
Therefore the correct option is b.
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Harrison Hardware just purchased 3 new cash registers. Each cash register cost $1,800 and has an estimated
life of 5 years. The trade-in value of each cash register is expected to be $100 at the end of 5 years. Using the
straight-line method, what is the annual depreciation for all three cash registers?
The annual depreciation for all three cash registers is $1,020. The total amount of depreciation expenses attributed to a specific asset since the asset was used is known as accumulated depreciation.
It is a contra asset account, meaning that the amount in the asset account to which it is often linked is offset by the balance in the counter asset account.
The same amount that is credited to the accumulated depreciation account whenever a company records depreciation expenses allows the company to show both the asset's cost and total depreciation. Additionally, this displays the asset's net book value on the balance sheet.
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neurons and some other specialized cells divide infrequently because they . neurons and some other specialized cells divide infrequently because they . can no longer bind cdk to cyclin show a drop in mpf concentration have entered into g0 no longer have active nuclei
They were transferred to GO They can't connect to cyclin anymore. They no longer contain signal molecule receptors and no longer contain active nuclei. The concentration of MPF has decreased.
What is a molecule, for instance?A molecule is the smallest unit of any material that is composed of one or more elements and is capable of existing independently while maintaining all of the substance's physical and chemical properties. Further atom division occurs within molecules. For instance, the atom and molecule of oxygen are represented by the letters O and Water vapour, respectively.
Explain what a molecule is.A molecule is the simplest unit of a chemical that keeps its content and properties. It is made up of two or maybe more atoms that are joined together by chemical bonds. The foundation are molecules.
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Write a list of at least 3 things that Eric has done right before applying for a loan.
Answer:
A. Three important Items to double check before submitting a loan application to underwriting.
• Completeness of data : One has to be sure that all important details are captured hence none is left out. It means that there are no missing information on the application.
• Calculations performed accurately: This means that calculations such as borrower's income, qualifying ratios are calculated accurately and also double checked for the purpose of the loan underwriting.
• Documentations required by the loan programme. All Documentations required by the loan programme must be double checked before submitting a loan application to underwriting.
B. List at least two things you would be sure to tell a borrower in preparation for closing
• I will seek clarity in terms of the money borrower would be bringing to the closing table.
• The date,time,venue of closing are essential for the closing hence will be communicated to the borrower. Also, there are no right or wrong answers that may be asked or given by the borrower during the closing.
C. List at least three calculations that are typically used during the course of mortgage loan transaction.
• Income calculation
• Front end and back end ratio (DTI ratio)
• Monthly payment.
Explanation:
The three things that Eric has done before making a loan application are as follows:
Careful examination of loan applicationCommunication to the borrowing party regarding the closing of the loanComputations related to the loan transactionWhat is a loan?A loan is an amount given to the borrowing party at an interest rate that can be annual, monthly, or quarterly basis by the lender.
Eric should make sure the three following things:
He should carefully read the loan agreement and its causes before accepting it by signing the document. He must ensure that the data is accurate and the calculations are correct in themselves.He should communicate with the borrower about the closing time period in advance so that no delay could happen.He computes the monthly installment to be paid by the borrower on the basis of his income and debt-income ratio.Therefore, the three things which Eric should check have been explained above.
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When investing money to grow your wealth you need to:
A. make only safe, low-risk investment choices.
B. follow the advice you get online.
C. weigh the risks of an investment against the potential return.
D. make only high-risk investment choices.
Answer:D. make only high-risk investment choices.
Explanation:
iv had dis class b4
How do I file this assignment out?
These steps can be pursued to finish the task: Commence by generating a fresh record or unveiling a void sheet on your preferred word processing application.
What is the filing?Also, Craft a header for the file, like "Task: Enhancing Market Share Strategy. "
Start composing your reply to the task prompt. You may organize your reply in distinct sections or paragraphs to cover every point effectively. As a case in point, commencing with an opening that succinctly elaborates on the assignment's prompt and grants a synopsis of the idea of enhancing market share could be a prudent approach.
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The following transactions for King Maponga Traders transpired during the month of July 2021 Date Details of transactions 1 3 6 King Maponga, the owner, contributed a delivery vehicle valued at R65 200 to the business. Journal voucher JV 012 was issued King Maponga, the owner, took trading inventory with a cost price of R1000 for personal use. Journal voucher JV 013 was issued Charged an amount of R 1800 to Mr Settler, a debtor, as interest on his overdue account. Journal voucher JV 014 was issued. Settlement discount of R650 was granted to C. Zama, a debtor, for early settlement of his account. Journal voucher JV 015 was issued The bookkeeper erroneously recorded the purchases of a motor vehicle in the office equipment account. The motor vehicle was purchased for R67 000 cash. Journal voucher JV 016 was issued 12 20 26 Mr Dodger, a debtor, was declared insolvent. As a result, he was not able to pay the amount owed of R16 000. The bookkeeper decided to treat the amount as being irrecoverable. Journal voucher JV 017 was issued Record the transactions (per the table above) in the general journal of King Maponga Traders for the month of July 2021. Ignore VAT. (24 Marks)
Recording Journal Entries of transactions for the month of July 2021 in the books of King Maponga Traders are as follows:
Journal Entries:
July 1 Debit Delivery Vehicle R65,200
Credit Common Stock R65,200
To record the issuance of Journal voucher JV 012.
July 3 Debit Drawings, King Maponga R1,000
Credit Inventory R1,000
To record the issuance of Journal voucher JV 013.
July 6 Debit Interest Receivable (Mr. Settler) R1,800
Credit Interest Revenue R1,800
To record the issuance of Journal voucher JV 014.
July 12 Debit Discounts Allowed R650
Credit Accounts Receivable (C. Zama) R650
To record the issuance of Journal voucher JV 015.
July 20 Debit Motor Vehicle R67,000
Credit Office Equipment R67,000
To record the issuance of Journal voucher JV 016.
July 26 Debit Bad Debts Expense R16,000
Credit Accounts Receivable (Mr. Dodger) R16,000
To record the issuance of Journal voucher JV 017
Data Analysis:
July 1 Delivery Vehicle R65,200 Common Stock R65,200
July 3 Drawings, King Maponga R1,000 Inventory R1,000
July 6 Interest Receivable (Mr. Settler) R1,800 Interest Revenue R1,800
July 12 Discounts Allowed R650 Accounts Receivable (C. Zama) R650
July 20 Motor Vehicle R67,000 Office Equipment R67,000
July 26 Bad Debts Expense R16,000 Accounts Receivable (Mr. Dodger) R16,000
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Margie's credit card bill is due on the 30th of each month. She sent her payment on the 25th, but the company posted the payment on the 5th of the following month and charged her a late fee. This is likely a violation of the:Equal Credit Opportunity Act.Fair Debt Collection Practices Act.Fair Credit Billing Act.Fair Credit Reporting Act.
In this question, Most certainly, the Fair Credit Billing Act has been broken here.
What is credit billing act?A federal legislation called the Fair Credit Billing Act (FCBA) governs how creditors must resolve billing mistakes on credit card accounts. According to the FCBA, credit card firms have 90 days to fix any billing mistakes that are brought to their attention. Additionally, it caps customers' liability at $50 for credit card fraud. The FCBA also grants consumers the opportunity to contest any charges they think are incorrect and mandates that credit card firms look into such complaints. Additionally, it mandates that credit card firms inform customers of their legal rights under the FCBA. The FCBA are applicable to open-end credit accounts such revolving charge accounts and credit cards.
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Question 10 of 10
How do values play a role in planning a career?
Career values are crucial since they can help define the parameters for your personal fulfillment and professional success. You may be intentional in your employment search and utilize your values to build your future by recognizing your own values and what matters most to you.
What are values in career planning?Work values, also known as career values, are the personal ideas, drives, and beliefs that guide you in determining what matters most to you in your professional life. Your drive to work and your overall success at work are both influenced by them.
Our actions, relationships, and lives as a whole are influenced by our own values. In addition to helping us make important decisions, our beliefs can affect how we develop personally. Knowing your values will help you make decisions about your profession, relationships with others, and interests that are most important to you.
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contribution marginJayleen Company makes two products: Carpet Kleen and Floor Deodorizer. Operating information from the previous year follows. Carpet Kleen Floor Deodorizer Units produced and sold 5,000 4,000 Machine hours used 5,000 2,000 Sales price per unit $ 7 $ 10 Variable cost per unit $ 4 $ 8 Fixed costs of $20,000 per year are presently allocated equally between both products. If the product mix were to change, total fixed costs would remain the same. The contribution margin per machine hour for Floor Deodorizer is:
Answer:
Contribution per machine hour = $4 per machine hour
Explanation:
The contribution per machine is the total contribution made divided by the total machine hours consumed.
Contribution per machine hour = Total contribution/Total machine hours
The total contribution made = Unit contribution × unit sold
unit contribution = selling price - variable cost
= 10-8= $2 per unit
Total contribution = $2× 4,000= $8,000
Total machine hour = 2,000
Contribution per machine hour= 8,000/2,000 = $4 per machine hour
Contribution per machine hour = $4 per machine hour
6) Discuss the following statement: "Good research is deductive in nature."
A good research is seen as deductive in nature because it:
explain causal relationships between concepts and variablesmeasures concepts quantitativelygeneralize research findings to a certain extent.What is a research?This refers to a careful and organized study as well as gathering of information about a specific topic.
When a research works explain causal relationships between concepts and variables, measures concepts quantitatively and generalize research findings to a certain extent, then, it is seen as a good research.
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As a babysitter, what are three things you should consider from a business perspective?
Answer:
Explanation:
Reliability. You want a sitter who respects the babysitting job – and your time enough to show up on time, preparedness. Good sitters come to work with ideas on what to do while they're with your kids, such as games, crafts or other activities, Experience, Ability to take charge
Answer:
Ensuring Child Safety -- This is the most important responsibility, and it's always required. That's why it's number one! Make sure children are safe at home and while 'out and about. Parents expect that children will be under the watchful eye of the sitter at all times. Which gives you and opportunity to gain trust.
Decision – making skills. While taking care of children there are going to be many situations where the child care worker must act quickly and make an appropriate judgment to fix the problem.
If overnight -- You may need to prepare or order dinner, help children with homework, run the bedtime routine which may include a bath, brushing their teeth, putting on their pajamas, and reading a bedtime story. Once the children are asleep, you can tidy up a bit then have some downtime
Hope this helps
Bye
A small business owner visits his bank to ask for a loan. The owner states that she can repay a loan at $1,250 per month for the next three years and then $500 per month for two years after that. If the bank is charging customers 12 percent APR, how much would it be willing to lend the business owner
Answer:
$45,195
Explanation:
we need to calculate the present value of the annuities:
first we must determine the PV (in 3 years) of the 24 $500 payments:
PV = payment x annuity factor (PV annuity, 1%, 24 periods) = $500 x 21.243 = $10,621.50
now we need to calculate the PV of $10,621.50:
PV = $10,621.50 / (1 + 12%)³ = $7560.17
finally we must calculate the PV of the 36 initial $1,250 payments:
PV = payment x annuity factor (PV annuity, 1%, 36 periods) = $1,250 x 30.108 = $37,635
The bank should lend her $7,560 + $37,635 = $45,195
Since the bank is charging the customers 12% APR, then, the amount its would it be willing to lend her is $45,195.
Firstly, we need to calculate the present value of the annuities:
Present Value (in 3 years) of the 24 periods $500 payments:
Present value = Payment * Annuity factor (PV annuity, 1%, 24 periods)
Present value = $500 * 21.243
Present value = $10,621.50
Secondly, we need to calculate the Present Value of $10,621.50:
Present Value = $10,621.50 / (1 + 12%)³
Present Value= $7560.17
Now, we will calculate the Present value of the 36 period initial $1,250 payments:
Present value = Payment * Annuity factor (PV annuity, 1%, 36 periods)
Present value = $1,250 * 30.108
Present value = $37,635
Hence, the bank will lend her $45,195 ($7,560 + $37,635).
In conclusion, since the bank is charging the customers 12% APR, then, the amount its would it be willing to lend her is $45,195.
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when monopolistically competitive firms realize losses in the short run, some firms will the industry, market shares and prices and eliminating losses for the remaining firms.
When monopolistically competitive firms realize losses in the short run, some firms will exit the industry, increasing market shares and prices while eliminating losses for the remaining firms.
What Is Monopolistic Competition?When several businesses provide comparable but inferior substitutes for one another's goods or services, monopolistic competition ensues. The barriers to entry are low in monopolistic competitive industries, and decisions made by one firm do not immediately affect those of its competitors.What happens to a monopolistically competitive firm?Due to the fact that it does not produce at the minimum of its average cost curve or where P = MC, a monopolistically competitive firm is inefficient. As a result, a firm that is monopolistically competitive would typically produce less at a higher cost and charge more than a firm that is perfectly competitive.When monopolistically competitive firms realize losses in the short run, some firms will exit the industry, increasing market shares and prices while eliminating losses for the remaining firms.
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1. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a residual value of $4,200 and a two-year service life.
2. At the end of January, $23,000 of accounts receivable are past due, and the company estimates that 30% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 3% will not be collected.
3. Accrued interest expense on notes payable for January.
4. Accrued income taxes at the end of January are $14,200.
5. By the end of January, $4,200 of the gift cards sold on January 2 have been redeemed
Prepare an adjusted trial balance as of January 31, 2018
Answer:
1 Depreciation expeense (Debit) $4,200
Accumulated depreciation (Credit) $4,200
2.Bad Debt expense (Dr.) $6,900
Accounts Receivables (Cr.) $6,900
3. Accrued Interest Expense (Dr.) $1,200
Notes Payable (Cr.) $1,200
4. Accrued Income Tax (Dr.) $14,200
Cash (Cr.) $14,200
5. Cash (Dr.) $4,200
Redemption of Gift Cards (Cr.) $4,200
Explanation:
Depreciation expense is considered as a tax shield. The larger the depreciation expense, the lower will be the taxable income. The adjusting entries are required before trial balance is created. There are few transaction that occur after the initial recording of the transactions. These transaction needs to be adjusted before the financial statements preparation.
When the Depreciation expense is considered as a tax shield and also The larger the depreciation expense, then the lower will be the taxable income.
What is Depreciation?
The term depreciation directs to an accounting method utilized to allocate the cost of a tangible or physical asset over its useful life.
1. Depreciation expense (Debit) $4,200
Accumulated depreciation (Credit) $4,200
2. Bad Debt expense (Dr.) $6,900
Accounts Receivables (Cr.) $6,900
3. Accrued Interest Expense (Dr.) $1,200
Notes Payable (Cr.) $1,200
4. Accrued Income Tax (Dr.) $14,200
Cash (Cr.) $14,200
5. Cash (Dr.) $4,200
Redemption of Gift Cards (Cr.) $4,200
Depreciation expense is considered a tax shield. The more considerable the depreciation expense, the lower will be the taxable income. The adjusting entries are required before the trial balance is created. Few transactions occur after the initial recording of the transactions. These transaction needs to be adjusted before the preparation of the financial statements.
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Anyone know the answer to this question
Answer:
b
Explanation:
fixed and variable cost
The U.S. military defends Ngoc from foreign conflict. The fact that Ngoc enjoys this protection does not detract from other Americans' enjoyment of it. For this reason, we say that national defense is A. excludable. B. not excludable. C. rival in consumption. - D. not rival in consumption.
The American military protects Ngoc from external conflict. Ngoc's enjoyment of this protection does not diminish its value for other Americans. We assert that national defense is not rival in consumption.
What is non-rival in consumption?A rival good is something that only one user can acquire or consume. On the other hand, a good is considered a non-rival good if it can be used or owned by numerous users. Radio stations and the internet are two instances of nonrival goods. The majority of non-rival goods examples are intangible. An example of a non-rival good is broadcast television; when one consumer switches on their TV, it does not stop the TV in another customer's home from working. Television transmissions are non-rival products, whereas the television itself is a rival good. In terms of consumption, national defense is unrivaled. All citizens are regularly provided with this service.
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Question 9 options: DO THE MATH: The cost of the basket of goods in 2020 is $420.10. The cost of the baskets of goods in 2021 is $471.98. Round all answers to the nearest tenth. The CPI for 2021 is The inflation rate from 2020 to 2021 is
The CPI for 2021 is 112.349.
What is CPI?A consumer price index (CPI) is a price index that measures the cost of a weighted average market basket of consumer goods and services bought by households.
The cost of the basket of goods in 2020 is $420.10 (Ct)
The cost of the baskets of goods in 2021 is $471.98 (C0)
\(\rm CPI = Ct/C0\times100\\ =471.95/420.10\times100\\ = 112.349\)
The Consumer Price Index is 112.349, which is calculated by dividing the cost of market basket in current period with the cost of the market basket in the previous period.
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The language used in texting is acceptable in business writing. True or false
Answer: The answer is generally false.
Q1. A manufacturing firm has discontinued production of a certain unprofitable product
line. This created considerable excess production capacity. Management is considering to
devote this excess capacity to one or more of three product 1,2 and 3. The available capacity
on the machines which might limit output are given below:
Machine type Available time
(in machine hours per week)
Milling
machine
250
Lathe 150
Grinder 50
The number of machine hours required for each units of the respective product is given
below;
Machine type Productivity (in machine hours/unit)
Product 1 Product 2 Product 3
Milling 8 2 3
Lathe 4 3 0
Grinder 2 0 1
The unit profit would be 20 birr, 6 birr and 8 birr for products 1,2 and 3. Find how much of
each product the firm should produce in order to maximise profit ? Solve the problem by
simplex method.
The simplex method is a linear programming technique used to find the maximum value of a linear objective function subject to constraints represented by linear equations or inequalities.
How do we use this method?Here's how you can solve this problem using the simplex method:
Formulate the problem as a linear program:
The objective is to maximize the total profit, which is given by 20x1 + 6x2 + 8x3, where x1, x2, and x3 are the number of units of products 1, 2, and 3, respectively. The constraints are the available machine time, which are:
8x1 + 4x2 + 2x3 <= 250 (milling machine)
3x1 + 3x2 <= 150 (lathe)
x3 <= 50 (grinder)
Create a simplex tableau:
The simplex tableau is a matrix used to keep track of the variables and the coefficients of the objective function and the constraints. The first row of the tableau is the objective function, the rest of the rows are the constraints. The last column is called the "result" column and contains the values of the variables and the objective function.
Choose a basic variable:
In the first iteration, we will choose x1 as the basic variable, since it is the only non-negative variable in the objective function. We will write x1 in terms of x2 and x3 using the first constraint:
x1 = (250 - 4x2 - 2x3)/8
Update the simplex tableau:
Substitute x1 in the objective function and in the rest of the constraints:
20 * (250 - 4x2 - 2x3)/8 + 6x2 + 8x3
3x2 <= 150
x3 <= 50
Check for optimality:
Check if all the coefficients in the objective function are non-negative. If so, the current solution is optimal and the problem is solved. If not, choose the next basic variable and repeat steps 3 and 4.
Repeat steps 3 to 5 until optimality is reached:
In the second iteration, we will choose x2 as the basic variable. Substitute x2 in the objective function and in the rest of the constraints, and check for optimality. Repeat this process until the coefficients in the objective function are non-negative, indicating that the solution is optimal.
The final solution will give the number of units of each product that the firm should produce in order to maximize profit.
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If you co-sign for a friend's credit card, what is the danger to you if your friend fails to pay?
A.
You might get secured credit.
B.
You might have to pay extra money in taxes.
C.
Your credit score might go down.
D.
Your credit score might go up.
Please select the best answer from the choices provided
A
B
C
D
Answer:
C
Explanation:
Why is it important to include industry terminology in a résumé? How can you find industry terminology?
Answer:
Including industry terminology will show you are "current" with the profession and know what the trends are at this time.
Explanation:
The degree of operating leverage can be multiplied by a change in sales to determine the change in profit. (T/F)
The stated statement is true so because change in profit may be calculated by multiplying the degree of operational leverage by a change in sales.
How does leverage work?Financial leverage is the use of borrowed money (debt) to finance the purchase of assets in the anticipation that the income from the new asset or return of capital would outweigh the cost of borrowing. The definition of leverage is summed up in this idea.
How is leverage used in the workplace?The capacity to double your efforts through influencing a systems or environment is known as leverage. To put it another way, it is putting in the correct amount of work through the right channels to increase returns for your company.
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Dake Corporation's relevant range of activity is 2,200 units to 5,000 units. When it produces and sells 3,600 units, its average costs per unit are as follows For financial reporting purposes, the total amount of product costs incurred to make 3,600 units is closest to:
Answer: $50,940
Explanation:
The total amount of product costs incurred to make 3,600 units will be calculated as:
Direct materials = 3600 x 6.85 = 24660
Add: Direct labor= 3600 x 2.80= 10080
Add: Variable manufacturing overhead = 3,600 x 1.50 = 5400
Add: Fixed manufacturing overhead = 3600 x 3 = 10,800
Therefore, the Total product cost will be:
= 24660 + 10080 + 5400 + 10800
= $50,940
Sales during the year were 500 units. Beginning inventory was 250 units at a cost of $5 per unit. Purchase 1 was 400 units at $6 per unit. Purchase 2 was 200 units at $7 per unit.
Cost of goods sold under the FIFO cost flow assumption (using a periodic inventory system) was:
$2,300.
$2,750.
$3,200.
$3,650.
Cost of goods sold under the FIFO cost flow assumption (using a periodic inventory system) was $2,750.
Sales during the year = 500 units
Beginning inventory = 250 units at a cost of $5 per unit
Cost of goods sold in beginning inventory = 250 x $5 = $1,250
Because FIFO (First in, first out) method assumes all of the older inventory is sold first,
So, 250 units of Purchase 1 (out of total 400 units) would have been sold.
Cost of goods sold in Purchase 1 = 250 x $6 = $1,500
Total cost of goods sold under the FIFO cost flow assumption (using a periodic inventory system) = $1,250 +$1,500 = $2,750
Companies use the first in, first out (FIFO) method to calculate the cost of goods sold or COGS. The FIFO method assumes that the products which are purchased first by the company are the products which are sold first.
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Which of the following is not part of the capital budgeting process?
O A. identify and analyze potential capital investments
O B. perform post-audits
O C. apply capital rationing
O D. develop short-term operating strategies
Answer: D. develop short-term operating strategies
Explanation:
Capital budgeting simply refers to the process that is used by a business in order to determine the fixed asset purchases that is proposed which it should accept, or not. It's typically done in order to select the investment that's most profitable for a company.
Some of the capital budgeting processes include:
• Identification and analysis of potential capital investments.
• Application of capital rationing
• Performing post-audits
It should be noted that developing short-term operating strategies is not part of the capital budgeting process. Therefore, the correct option is D.
Barrington Enterprises earned $4.3 million in taxable income (earnings before taxes) during its most recent year of operations. Use the corporate tax rates shown in the popup window, LOADING..., to calculate the firm's tax liability for the year. What are the firm's average and marginal tax rates?
During its most recent fiscal year, Barrington Enterprises made $4.3 million in taxable income (profits before taxes). The firm's average tax rate and marginal tax rate is 21%.
First, determine the tax rate that applies to your $4.3 million taxable income. The global average statutory corporate tax rate is 23.37%.
We combine Barrington Enterprises' taxable income of $4.3 million at the applicable tax rate of 21% to become taxable. That means we have a tax liability of $903,000.
The average rate is obtained by dividing the total amount of tax due by the amount of taxable income. The typical tax rate in this situation is $903,000/$4.3 million, or 21%.
The rate at which an additional dollar of income would be taxed is known as the marginal tax rate. Barrington Enterprises has a taxable income of $4.3 million in this instance, thus any more income would be taxed at a rate of 21%.
Tax compliance refers to both societal norms and individual practises that help to guarantee that taxpayers are paying the right amount of tax at the right time and receiving the right tax breaks and allowances.
In order to support government spending and other public expenditures (regional, local, or federal), a governmental body levies a tax on a taxpayer (an individual or legal corporation).
Between 3000 and 2800 BC, taxes were first imposed in ancient Egypt. Late payments and evading or retaliating against taxation are also illegal. Direct or indirect taxes may be paid in cash or in the equivalent in compensation at work.
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Bramble, Inc. has 11200 shares of 3%, $100 par value, noncumulative preferred stock and 224000 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2019. The board of directors declares and pays a $65700 dividend in 2020. What is the amount of dividends received by the common stockholders in 2020?
Answer:
See
Explanation:
Total dividends = 65,700
Common stock outstanding = 224,000 shares
Preferred dividend
= Number of shares × Par value 3%
= 11,200 × 100 × 3%
= $33,600
Dividends received by common stockholders
= (65,700 × 2) - (33,600 × 3)
= 131,400 - 100,800
= 30,600